The Indian equity market ended marginally higher on Tuesday led by gains in financial stocks. Sentiment was boosted by hopes that lower inflation data could lead to lower interest rates. Asian shares were lackluster as oil prices continued to drop, while European shares edged higher. Several Indian companies such as Redington India and Bharat Forge saw their stock prices rise after posting good quarterly results.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 12th November 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK ended marginally higher on Tuesday with financials leading the gains on hopes that easing consumer inflation, data which is due on Wednesday, would help pave the way for lower interest rates .The fall in Brent Crude prices to a four-year low of $81.23, which is likely to help lower the fiscal deficit, also boosted sentiments.
 Further, Jyothi Structures slumped 11% after posting a net loss of Rs69.37 crore in the July-September quarter of 2015 fiscal. In the same quarter last fiscal the company had reported a profit of Rs14.63 crore.
 Redington (India) surged 6% after Reliance Mutual Fund bought nearly 4% stake in the company for about Rs160 crore through open market.
GLOBAL FACE
 Asian shares and the dollar got off to a lacklustre start on Tuesday as oil prices continued to drop, while Japanese shares marked early gains.
 European shares inched higher early on Tuesday, boosted by upbeat updates from telecoms operator Vodafone and German companies Henkel and Hochtief.
 US stock index futures poised for a higher opening at the Wall Street on Tuesday.
INDICES
CLOSE
PREVIOUS
SENSEX
27,910.06
27,874.73
NIFTY
8,362.65
8,344.25 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
17,124.11
16,780.53
HANG SENG
23,808.28
23,744.70
KOSPI
1,963.00
1,958.23 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
8,312.95
0.28
S&P CNX 500
6,753.10
0.38
CNX MIDCAP
12090.55
0.75
CNX 200
4275.20
0.38
BANK NIFTY
17,390.20
0.74 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
PNB
955.75
3.60
BANKBARODA
1016.00
3.14
IDFC
155.00
2.68
M&M
1,263.00
2.61 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
BHEL
245.85
-2.01
ITC
364.75
-1.87
NMDC
156.60
-1.73
BHARTIARTL
384.65
-1.69

3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
8240
8297
8330
8354
8386
8411
8468 NIFTY SUPPORT RESISTANCE
S1-8325
R1-8425
S2-8265
R2-8475 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
16920
17134
17262
17348
17476
17561
17575 BANK NIFTY SUPPORT RESISTANCE
S1-17292
R1-17555
S2-17155
R2-177656
SCRIPT
CLOSE
CHANGE (%)
TCS
2580.70
0.43
ONGC
394.85
0.16
RELIANCE
977.70
0.86
HDFC BANK
907.90
0.36 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
ITC
364.10
[2.04]
INFOSYS
4125.20
[0.97]
COAL INDIA
345.60
[1]
TATAMOTORS
521.70
[0.11] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
4443.96
3985.92
DII
1181.26
-516.98 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
28
22
BANK NIFTY
11
1

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
Was mainly from export markets especially North America. He also expects the company to reach full capacity by Q4FY15 and aims to double sales by 2018.", added Baba Kalyani. The stock was up 2% at Rs907. The stock has hit a high of Rs9111 and a low of Rs888.
 Apollo Tyres trades lower after Q2 result
Syndicate Bank started on a tentative note swinging in and out of the positive zone ahead of the Q2 numbers. The bank reported 32.9% fall in Q2FY15 net profit at Rs 315.60 cr when compared with Rs 470.12 cr in Q2FY14. Total income, however, grew by 17.1% to Rs 5,681 cr from Rs 4,850.35 cr in the same period.
 NBFC shares gain after RBI unveils regulatory norms
Shares of non banking financial companies (NBFCs) are trading in the range of 1%-3% after the Reserve Bank of India (RBI) introduced new regulatory framework for NBFCs. Among the important norms laid out in the framework: all NBFCs will have to take a certificate of registration for continuing business and they must have net-owned funds of at least Rs 1 crore by 2016 and Rs 2 crore by 2017.
 Ashok Leyland Q2 FY14-15 PAT Rs. 120.69 crores
The company registered a net profit of Rs. 120.69 crores for Q2 compared to a loss of Rs. 25.05 crores for the corresponding period last year. Revenues increased by 26% and stood at Rs. 3217.68 crores as against 2549.62 crores the corresponding period last year. Robust sales of 28,290 vehicles for the H1 of the current fiscal helped increase company's market share.
 Amara Raja Batteries up on good volume
The company reported 6 % YoY rise in Q2 net profit at Rs 100.30 crore for the quarter ended Sep 2014, on the back of 31.5 % jump in top line to Rs 1,071.17 crore. Further, the company's board also approved a proposal for setting up a tabular batteries manufacturing plant. The stock thereafter spurted to a high of Rs 720 - up 3.5 % from the previous close, and is now up 1.9 % at Rs 709.
 Bharat Forge stock up 2% on Q2 results
The strong performance and growth in the July-September quarter
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