The daily equity report from CapitalStars Financial Research Pvt. Ltd summarizes the performance of the Indian stock market on the previous day. The key points are: - The Indian equity benchmark ended marginally higher, with gains in capital goods and pharma stocks offsetting losses in IT shares. Housing finance stocks rose 2-4% on expectations of lower interest rates boosting home loans. - In Asian markets, stocks pulled back after Switzerland's decision to abandon its currency cap shocked markets already dealing with falling commodity prices. European indexes also fell as Swiss stocks declined. - The report provides analysis of sector indexes, pivot points and support/resistance levels for the Nifty and Bank Nifty, and the

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT
19tH
january 2015

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK ended marginally higher on
Friday, amid a range bound trading session, as gains in capital
goods and pharma stocks helped offset losses in IT shares.
 Further, Bharti Airtel which has exposure to Swiss bonds
ended down nearly 2% after the Swiss National Bank
scrapped its cap on the franc in a sudden move, pushing the
Swiss currency up sharply.
 Shares of housing finance companies such LIC Housing, Repco
Home Finance, Indiabulls Housing Finance, Dewan Housing
ended up 2-4% each on expectations that lower interest rates
would help revive demand for home loans.
GLOBAL FACE
 Asian stocks stepped back and major currencies mostly stuck
to late U.S. levels as investors caught their breath, after
Switzerland's unexpected move to abandon its currency cap
jolted markets already roiled by plunging commodities
prices..
 A fresh slide in Swiss stocks pushed pan-European indexes
lower as investors further marked down Swiss franc-
denominated equities a day after the shock lifting of the
central bank's cap on the currency.
 US stock index futures poised for a lower opening at the Wall
Street on Friday.
INDICES CLOSE PREVIOUS
SENSEX 28121.89 28,075.55
NIFTY 8513.80 8494.15
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 16,864.16 17,108.70
HANG SENG 24,103.52 24,350.91
KOSPI 1,888.13 1,914.14
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8,512.00 0.30
S&P CNX 500 6961.45 0.35
CNX MIDCAP 12,868.85 0.60
CNX 200 4,404.80 0.37
BANK NIFTY 19,223.15 -0.06
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
ZEEL 386.50 4.63
SUNPHARMA 852.50 3.22
COALINDIA 379.65 3.04
POWERGRID 147.20 2.97
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
PNB 205.05 -2.38
CAIRN 232.00 -2.11
HINDALCO 138.90 -2.11
BHARTIARTL 342.60 -1.93

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
8341 8420 8467 8498 8545 8577 8655
NIFTY
SUPPORT RESISTANCE
S1-8425 R1-8565
S2-8350 R2-8595
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
18815 19034 19161 19253 19380 19472 19691
BANK NIFTY
SUPPORT RESISTANCE
S1-19110 R1-19520
S2-18990 R2-19685
SCRIPT CLOSE
CHANGE
(%)
ONGC 347.10 0.17
ITC 360.10 0.61
RELIANCE 869.70 0.63
HDFC BANK 1001.35 0.83
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2532.15 [0.27]
INFOSYS 2118.30 [0.75]
SBIN 315.45 [1.51]
HDFC 1194.55 [0.67]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 6718.16 5618.23
DII 1417.6 2134.51
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 26 24
BANK NIFTY 5 7

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
equity shares of face value of Rs2 each on January 15, 2015
under the Employees Stock Option Scheme, 2000 ( ESOS)..
 BHEL bags EPC order worth
Rs1,202 crore
BHEL bagged a Rs 1,202-crore order for 370 MW gas-based
combined cycle power project in Karnataka. The contract was for
setting up a Combined Cycle Power Plant (CCPP) in Karnataka
on EPC (Engineering, Procurement and Construction) basis by
the Karnataka Power Corporation. BHEL's scope of work in the
project includes manufacturing, engineering, designing,
construction, erection.Positive for BHEL.
 Trade Deficit shrinks to 10-month
low on fall in oil prices
India's trade deficit shrank to a 10-month low in December as
global oil prices tumbled and demand for gold fell, auguring well
for Indian current account balance and the rupee. The deficit
narrowed by 44% from the previous month to $9.43 billion, its
lowest since February 2014. The cost of oil imports, at $9.94
billion, fell 15% from November. Oil accounts for nearly a third of
India's imports. Global crude prices have plunged more than half
since last June.
 NTPC enters into Rs10,000-crore
agreement with SBI
Country's largest thermal power producer NTPC has signed a term
loan agreement of Rs 10,000 crore with state-run lender SBI for
partially funding its capital expenditure.Shares of the company were
trading at Rs140, up 0.54% on the BSE. The loan agreement was
signed in the presence of Arup Roy Choudhury , CMD, NTPC ,
Arundhati Bhattacharya, Chairperson, SBI and K Biswal, Director
(Finance) NTPC.
 Overseas firms likely to take 26%
stake in GAIL India
Royal Dutch Shell and French firm GDF Suez are likely to take 26%
stake each in GAIL India's proposed floating LNG import terminal at
Kakinada in Andhra Pradesh. While, Andhra Pradesh Gas Distribution
Corp (APGDC) - a joint venture of GAIL Gas and Andhra Pradesh
Gas Infrastructure Corp (APGIC) will hold the remaining 48%.
Sentimentally positive for GAIL.
 ICICI Bank allots 29,850 equity shares
ICICI Bank Ltd has informed BSE that the Bank has allotted 29,850
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