The document is a daily equity report published by Capitalstars Financial Research Pvt. Ltd. on January 20th, 2015. It provides summaries of the performance of the Indian, Asian and European stock markets. It also lists the top gainers and losers among Indian stocks. Specific news is mentioned regarding quarterly results of companies like Wipro, V-Guard and HUL. The RBI considering allowing banks to purchase infrastructure bonds is also noted.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT
20TH
JANUARY2015

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK rose for a third consecutive
session on mark its highest level in nearly 1-1/2 months as
Wipro surged on strong earnings while lenders gained on
continued optimism the central bank's surprise rate cut last
week would revive credit growth. The S&P BSE Sensex and
CNX Nifty ended 0.50% and 0.43% higher each.
 Further, Sun Pharmaceutical Industries rose 1.13%, after
0.07% equity changed hands in a bulk deal on BSE today, Jan
19, 2015.
 Rajesh Exports surged 18.08% after the company bagged an
export order worth Rs1780 crore of designer range of gold
and diamond studded jewellery and medallions from Jamcelat
Jewellery, UAE
GLOBAL FACE
 Asian markets ended mixed with Chinese stocks witnessing a
sell-off led by brokerages' shares after the China's securities
regulator last week imposed a ban on three brokerages from
opening new margin trading accounts for clients for 3 months.
 European shares hit a seven-year high on lifted by growing
expectations that the European Central Bank is about to
embark on a bond-buying programme to support the euro
zone economy
 US stock index futures poised for a higher opening at the Wall
Street on Monday.
INDICES CLOSE PREVIOUS
SENSEX 28262.01 28121.89
NIFTY 8550.70 8513.80
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 17014.29 16864.16
HANG SENG 23738.49 24103.52
KOSPI 1902.62 1888.13
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8548.30 0.43
S&P CNX 500 6992.15 0.44
CNX MIDCAP 12903.90 0.27
CNX 200 4423.30 0.42
BANK NIFTY 19406.05 0.95
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
WIPRO 584.45 5.30
GAIL 441.00 3.78
BHEL 282.40 3.12
AMBUJACEM 246.60 3.03
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
HUL 893.70 -5.03
BPCL 646.25 -1.98
HEROMOTOCO 2846.20 -1.78
ASIAN PAINT 830.50 -1.54

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
8479 8524 8551 8569 8596 8614 8659
NIFTY
SUPPORT RESISTANCE
S1-8425 R1-8590
S2-8375 R2-8625
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
19106 19263 19360 19419 19516 19576 19733
BANK NIFTY
SUPPORT RESISTANCE
S1-19095 R1-19525
S2-18885 R2-19685
SCRIPT CLOSE
CHANGE
(%)
ONGC 347.50 0.12
RELIANCE 879.65 1.14
HDFC BANK 1004.55 0.32
COAL INDIA 379.20 0.04
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2511.00 [0.84]
ITC 358.80 [0.36]
INFOSYS 2102.50 [0.75]
SBIN 313.15 [0.73]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 3695.66 3261.94
DII 1373.33 1611.04
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 35 15
BANK NIFTY 8 4

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
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MARKET TALKS
Quarter ended Dec 31, 2014 (YoY): Net Profit of the company rose
by 17.87% to Rs1252.17 crore Vs Rs1062.31 crore. Total Income
increased by 7.17% to Rs7894.39 crore Vs Rs7366.01 crore (YoY).
 V-Guard slumps 6% on depressing
Q3 margins
V-Guard slump 6% to Rs1077 on NSE post Q3FY2015 results led
by depressed margin pushed net profit down by 47%,V-Guard
reported a very weak result during Q3FY2015; earnings declined by
47% YoY to Rs9 crore, significantly lower than our as well as street
estimate. Sharp fall in earnings would be attributed to moderate
revenue growth and substantial margin contraction witnessed in the
quarter. Revenue grew by 13% YoY to Rs395 crore, which is largely
in, line with our estimate but OPM of 5.5% surprised us negatively.
 Wipro spurts as Q3 net profit beats
street
Shares of Wipro rallied over 7% to Rs596 on National Stock
Exchange (NSE) after reported a better-than-expected 5% quarter
on quarter growth in net profit at Rs2,192 crore for the financial
year’s third quarter ended December 31, 2014 ( Q3). Revenue at
Rs11,992 crore grew 2.7% sequentially. The stock opened at
Rs591.10 and hit a high of Rs598.50 on NSE.
 RBI may allow banks to buy
infrastructure bonds
The RBI is considering allowing banks to buy infrastructure bonds,
which has been suffering from low trading volumes. Allowing banks
to buy infrastructure bonds would mark a reversal for the RBI, which
allowed lenders to only issue the debt, while limiting purchases to
investors such as pension funds, provident funds, and insurers. In
case this is implemented it would help banks to raise funds at
competitive rates and hence positive for banks having higher infra
exposures ICICI, Axis, PNB, IDBI, SBI etc.
 M&M Financial slumps on weak
Q3FY15 results
Shares of Mahindra & Mahindra Financial Services slumped over
7% to Rs288 on NSE after the company reported weak Q3FY15
results. Leading NBFC M&M Finance reported very weak set of
numbers for Q3FY15 as its net profits plunged by 18% YoY (down
34% QoQ) to Rs 136.4 crore. This was driven by a sharp rise in
provisions (up 46% YoY) due to weakness in asset quality.
 HUL Q3 net profit up 18% (YoY)
Hindustan Unilever Ltd ( HUL) has announced the following for the
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