2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK closed higher on snapping a
two-day losing streak, led by technology stocks such as
Infosys on a weaker rupee while broader sentiment was tepid
as investors kept away from risky bets ahead of the year-end
holidays. The S&P BSE Se nsex and CNX Nifty ended 0.12%-
0.33% higher each.
Further, VA Tech Wabag gained 1.19%, after the company
announced that it has won World Bank funded sewage
treatment plant order worth Rs175 crore in the Philippines.
Zensar Technologies surged 7.68%, after the company
announced significant multimillion dollar deals in its
Infrastructure Management Business in the US in Dec 2014
GLOBAL FACE
Brent crude oil futures traded steadily above $60 on a
building supply glut and weak Japanese import data weighed
on the market while strong U.S. economic data published over
Christmas provided support.
European markets remained closed today on account of
Christmas Eve.
US stock index futures poised for a higher opening at the Wall
Street on Friday.
INDICES CLOSE PREVIOUS
SENSEX 27241.78 27208.61
NIFTY 8200.70 8174.10
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 17818.96 17808.75
HANG SENG 23349.34 23333.69
KOSPI 1948.16 1946.61
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8188.45 0.35
S&P CNX 500 6674.80 0.36
CNX MIDCAP 12304.15 0.52
CNX 200 4224.35 0.39
BANK NIFTY 18557.20 0.12
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
DLF 135.95 3.27
JINDAL STEL 149.20 2.09
TECHM 2564.60 1.87
HCL TECH 1563.00 1.51
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
BHEL 251.25 -1.30
ZEEL 376.60 -1.04
MARUTI 3330.45 -1.04
GRASIM 3375.00 -1.02
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
8053 8160 8214 8266 8321 8373 8479
NIFTY
SUPPORT RESISTANCE
S1-8205 R1-8370
S2-8125 R2-8475
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
18232 18487 18615 18742 18870 18997 19252
BANK NIFTY
SUPPORT RESISTANCE
S1-18575 R1-18945
S2-18410 R2-19165
SCRIPT CLOSE
CHANGE
(%)
TCS 2505.00 1.01
ONGC 344.45 0.13
RELIANCE 888.85 0.53
COALINDIA 378.35 0.4
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
ITC 367.95 [0.93]
ICICI BANK 350.95 [0.61]
HUL 750.35 [0.88]
NTPC 139.30 [0.04]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 560.62 520.65
DII 1060.03 642.74
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 31 19
BANK NIFTY 7 5
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
After the bank set 23 January 2015 as the record date for 5-for-1
stock split. Corporation Bank's board of directors at its meeting held
on 8 August 2014 had approved a 5-for-1 stock split.
Spice Jet spurts 8% on revival plan
reports
Spice Jet rose over 10%, touching to Rs19.5, on media reports that
cash-strapped aviation firm will provide a revival plan to the ministry
of civil aviation today. Ajay Singh, former promoter and director of
Spic Jet, along with a consortium of foreign investors, was
scheduled to give a proposal in this regards, a private-equity unit of
JP Morgan and Ajay Singh, who quit as a director of the airline in
2010, plan to buy the entire stake held by majority shareholder
Kalanithi Maran
PNB up on fund raising approval
Punjab National Bank rose over 2%, touching to Rs224.4, after the
bank said its board approved seeking shareholder approval for
raising of equity capital by way of FPO/ QIP/ ESPS or in any
combination thereof. PNB said that the board of directors of the
bank at its meeting held on Dec 23, 2014, has approved the holding
of EGM on Feb 13, 2015, for election of three shareholder directors
of the bank.
GSFC drops after RBI restricts FII
buy
Gujarat State Fertilizers & Chemicals rose nearly 2%, touching to
Rs110.75, after the Reserve Bank of India placed restrictions on
further purchases of shares of the company by registered foreign
portfolio investors. The RBI on Wednesday notified that the foreign
shareholding through Foreign Institutional Investors/Registered
Foreign Portfolios.
Power Grid surges on buzz of new
transmission projects
Power Grid Corporation of India rose over 2%, touching to Rs139.7,
on media buzz that power ministry has invoked a provision in the
relevant CERC rules to give eight new transmission projects with an
estimated cost of Rs 36000 crore to PGCIL. The power ministry has
invoked a provision in the relevant Central Electricity Regulatory
Commission rules to give eight new transmission projects with an
estimated cost of Rs 36000 crore to Power Grid Corporation of India
Corporation Bank rises on fixing
record date for stock split
Shares of Corporation Bank gained over 4%, touching to Rs331
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