2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK indices ended at seven-week
lows after sharp decline in the rupee, widening trade deficit
and global growth concerns led to sell off across the board by
investors. Profit booking by foreign institutional investors in
the previous sessions also weighed on market sentiment.
Further, Motherson Sumi Systems gained 2.02%, after the
company said that it is acquiring assets of Scherer & Trier
group, Germany at around Euro 36 million (approx Rs284
crore).
Godrej Consumer Products dipped 6.36% after 0.24% equity
changed hands in a bulk deal on BSE today, December 16,
2014.
GLOBAL FACE
Sliding oil prices and a downbeat China factory survey
weighed on Asian shares while the ruble jumped against the
dollar after Russia sharply increased its benchmark interest
rate in a bid to halt a collapse in its currency.
European shares fell on , extending their recent sharp slide, as
a hefty Russian interest rate hike hit stocks with exposure to
the country and the relentless drop in oil prices knocked
energy shares.
US stock index futures poised for a higher opening at the Wall
Street on Tuesday.
INDICES CLOSE PREVIOUS
SENSEX 26781.44 27,319.56
NIFTY 8076.00 8219.60
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 16,755.32 17,099.40
HANG SENG 22,670.50 23,027.85
KOSPI 1,904.13 1,920.36
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8,031.05 -1.99
S&P CNX 500 6525.20 -2.13
CNX MIDCAP 11,825.55 -2.54
CNX 200 4,132.00 -2.08
BANK NIFTY 17,830.55 -2.95
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
HCLTECH 1,560.00 5.03
TCS 2,449.00 3.83
BPCL 647.50 1.75
TECHM 2,535.60 1.60
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
SSLT 194.50 -7.34
DRREDDY 3,150.00 -6.13
HINDALCO 145.25 -5.19
BANKBARODA 1003.60 -5.09
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
7829 7966 8017 8103 8153 8239 8376
NIFTY
SUPPORT RESISTANCE
S1-8095 R1-8215
S2-8045 R2-8285
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
16951 17509 17714 18068 18273 18627 19185
BANK NIFTY
SUPPORT RESISTANCE
S1-17855 R1-18165
S2-17720 R2-18410
SCRIPT CLOSE
CHANGE
(%)
TCS 2443.05 3.58
INFOSYS 1938.00 0.69
BHARTIARTL 350.05 0.03
HCL TECH 1558.90 4.96
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
ITC 380.60 [3.04]
ONGC 335.55 [2.19]
RELIANCE 864.60 [1.62]
COAL INDIA 366.75 [2.73]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 4005.9 5253.14
DII 2370.36 1835.76
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 6 44
BANK NIFTY 0 12
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
The last four months and the fourth in diesel since October 18.
As a result prices of petrol and diesel have fallen to a 45 month
low.
Tata Motors drops on disappointing
JLR sales
Shares of Tata Motors dropped 3% at Rs480 on the BSE after
retail volumes of its UK-based subsidiary Jaguar and Land Rover
dropped for the second straight month.The stock opened at
Rs491 and touched a low of Rs479. Volumes fell after the two
Tata Motors-owned brands reported production issues related to
transition to new models and stock clearance in its biggest market
China.
Alstom T&D India bags order worth
Rs1515 mn
Alstom T&D it has bagged an order worth around €20 million (Rs
1515 million) from Rajasthan Rajya Vidyut Prasaran Nigam Ltd
(RRVPNL) to supply a 400/220 kV substation in Bhadla, and
expand the existing 400/220 kV substation in Bikaner, both
situated in the state of Rajasthan.'Alstom T&D will design,
engineer, manufacture, install and commission the Bhadla
400/220 kV substation.
Dr Reddy’s Lab launches Valcyte
Dr Reddy’s Lab has launched the Valganciclovir tablet (generic
version of Valcyte), which is used as anti-viral. The market size of the
drug is pegged at US$440mn in US. Ranbaxy had exclusivity right on
Valcyte but USFDA recently withdrew tentative approvals granted to
Ranbaxy and that opened the door for Dr Reddy’s Lab to launch the
product post patent expiry.
Metal index drops on weak economic
data in China
Metal and mining shares fell as weaker-than-estimated Chinese
manufacturing data stoked investors' concerns. SSLT down 6%,
Hindalco down 5.35%, Bhushan Steel down 4.65%, Jindal Steel down
3.63%, JSW Steel down 3.38%, NMDC down 2.91%, SAIL down
2.50%, Tata Steel down 2.63%, Coal India down 1.72% on the BSE at
1.09 pm
OMCs cut prices of Petrol and diesel
by Rs2 per litre
Oil marketing companies have cut prices of Petrol and diesel by Rs2
per litre which is the eighth consecutive reduction in petrol prices in
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