The daily equity report from CapitalStars Financial Research Pvt. Ltd provides an overview of the Indian market on 4th December 2014. The report summarizes that the CNX Nifty index edged higher, snapping two days of falls. It also notes that BHEL and Eicher Motors shares rose on news from those companies. Global market indices showed mixed performance for the day. The report further provides closing numbers and percentage changes for various indices, top gainers and losers, and FII and DII activity in the market.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 4TH DECEMBER 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK edged higher on snapping two days of falls, as oil explorers rose after recent sharp falls, while some firms seen as sensitive to rates extended recent rallies on hopes the central bank would ease policy early next year. The CNX Nifty ended 0.15% higher today.
 Further, BHEL rose 2.50%, after the company said it successfully commissioned India's first phase shifting transformer in Telangana.
 Eicher Motors rose 7.14%, after a foreign brokerage resumed coverage on the stock with a 'Buy' rating, citing strong demand for Royal Enfield.
GLOBAL FACE
 Japan's Nikkei stock average finished 0.3% higher, off its session highs but still closing at its highest level since July 2007 and China’s Shanghai Composite ended 0.6% higher. However, Hang Seng and Straita Times indices ended down 1% and 0.6% each.
 European stocks rose in early trading on with Nordic telecom operators Telenor and TeliaSonera rallying after agreeing to merge their Danish operations.
 US stock index futures poised for a higher opening at the Wall Street on Wednesday.
INDICES
CLOSE
PREVIOUS
SENSEX
28442.71
28444.01
NIFTY
8537.65
8524.70 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
17720.43
17663.22
HANG SENG
23428.62
23654.30
KOSPI
1969.91
1965.83 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
8522.75
0.34
S&P CNX 500
6935.55
0.58
CNX MIDCAP
12672.85
1.53
CNX 200
4393.10
0.49
BANK NIFTY
18645.85
0.49 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
JINDAL STEL
153.20
7.85
ONGC
373.00
3.47
CIPLA
659.90
3.20
BHEL
279.00
2.78 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
DRREDDY
3505.80
-2.38
HDFC
1104.70
-1.81
ZEEL
375.35
-1.69
BHARTIARTL
378.50
-1.52

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
8453
8492
8515
8530
8553
8569
8608 NIFTY SUPPORT RESISTANCE
S1-8545
R1-8670
S2-8480
R2-8725 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
18289
18506
18619
18723
18836
18941
19158 BANK NIFTY SUPPORT RESISTANCE
S1-18555
R1-18845
S2-18450
R2-19085
SCRIPT
CLOSE
CHANGE (%)
RELIANCE
968.35
0.59
ONGC
371.45
3.04
COAL INDIA
357.10
0.38
ICICI BANK
1794.10
1.33 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2635.35
[0.83]
ITC
363.25
[0.7]
INFOSYS
2123.50
[0.15]
SBIN
317.95
[0.24] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
4758.37
4367.3
DII
1976.4
2133.63 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
31
18
BANK NIFTY
8
4

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
The launch of its latest solution, TCS BaNCS Digital, to help financial Institutions reimaging the digital experience for their customer and build a seamless and interconnected bank.
 Eicher Motors gains after foreign brokerage resume coverage
Eicher Motors gained over 6%, touching to Rs15249, after a foreign brokerage resumed coverage on the stock with a 'Buy' rating, citing strong demand for Royal Enfield. Goldman Sachs resumed coverage on the stock at buy with a 12-month target price of Rs 19,235, implying 34% upside, citing strong demand to Royal Enfield.
 MRF plans Rs4,000cr expansion program
MRF will be investing Rs 4,000 core over a three year period to increase capacities across its factories. The company plans to invest across all segments and the investment would be contingent upon strong cash flows. View: The current trend of high profitability has enabled tyre manufacturer to invest in new capacities without putting a stress on their balance sheets.
 RBI indicates rate cut in beginning of CY2015
RBI maintains status quo on rates; but clear indication of rate cut beginning Q1 boost sentiments Even as RBI maintained status quo on key policy rates, it has given indications of easing rates in early next year which is largely in line with market expectations. The bond yields took positive note from policy and dropped below 8% levels.
 India NOV HSBC services PMI at 5- month High
Activity in India's services sector expanded at its fastest rate in five months in Nov, driven by surging new orders as firms cut prices on tumbling raw material costs, The HSBC Services Purchasing Managers' Index compiled by Markit, rose to 52.6 in Nov. Growth in Oct had stalled at 50, the level that demarcates growth from contraction Indian economic growth slowed to 5.3% in the third quarter of 2014 from 5.7% in the prior quarter.
 TCS launches BaNCS Digital
TCS consulting and business solutions Organization, announced
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved.
DISCLAIMER