- The Indian equity benchmarks, Sensex and Nifty, opened the week on a sluggish note due to selling in energy and banking stocks ahead of the budget session. - BEML rose 1% after the defence minister of Czech Republic visited their Bangalore complex, while Sterlite Technologies rose 0.75% after its subsidiary refinanced a project loan on favorable terms. - In global markets, Asian shares started cautiously as a Greek debt deal remained uncertain, while European markets gained with Germany's DAX hitting a record high on improved risk appetite after Greece's bailout was extended.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT
24TH
february 2015

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK kicked off the week ahead of
the Budget session on a sluggish note, amid a choppy trading
session, on sustained selling in energy and select banking
shares.
 BEML rose 1%, after company said a high level delegation led
by the defence minister of Czech Republic Mr. Martin Strop
nicky visited the Bangalore complex of BEML on February 20,
2015.
 Sterlite Technologies rose 0.75% after its subsidiary, Sterlite
Grid has successfully refinanced East North Interconnection
Company project loan with significantly favorable terms as
compared to the earlier debt.
GLOBAL FACE
 Asian shares started the week on a cautious note as a Greek
debt deal struck last week remained in the balance until
Athens drew up a list of reforms to satisfy its creditors.
 European shares recent gains with Germany's DAX hitting an
all-time high as investor appetite for riskier assets improved
after euro zone negotiators agreed to extend Greece's financial
rescue package.
 US stock index futures poised for a higher opening at the Wall
Street on Monday.
INDICES CLOSE PREVIOUS
SENSEX 28975.11 29231.41
NIFTY 8754.95 8833.60
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 18,466.92 18332.30
HANG SENG 24,836.76 24,832.08
KOSPI 1,968.39 1,961.45
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8,749.15 -0.87
S&P CNX 500 7147.55 -0.86
CNX MIDCAP 13,070.95 -0.98
CNX 200 4,521.80 -0.88
BANK NIFTY 18913.40 -0.84
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
POWER GRID 156.00 1.79
KOTAK BNK 1316.00 1.37
M&M 1265.00 1.04
TCS 2700.00 0.91
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
ZEEL 342.75 -4.47
NMDC 137.05 -3.79
JINDALSTEL 187.70 -3.37
DLF 146.40 -3.27

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
8520 8653 8704 8786 8837 8919 9052
NIFTY
SUPPORT RESISTANCE
S1-8695 R1-8835
S2-8615 R2-8895
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
18143 18560 18702 18977 19119 19394 19811
BANK NIFTY
SUPPORT RESISTANCE
S1-18800 R1-19285
S2-18565 R2-19415
SCRIPT CLOSE
CHANGE
(%)
TCS 2696.65 0.79
COAL INDIA 384.20 0.38
L&T 1687.00 0.56
NTPC 146.05 0.27
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
ITC 390.25 [1.46]
ONGC 324.85 [1.77]
RELIANCE 851.45 [2.48]
HDCF BNK 1067.50 [0.52]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 4709.67 4107.76
DII 1521.89 1685.68
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 9 41
BANK NIFTY 2 10

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
After the company said it has secured an export order worth
Rs732 crore of designer range of gold and diamond studded
jewellery and medallions from A1 Malek Jewellery, UAE.
 Ultratech wins Bicharpur coal block
in Madhya Pradesh
Ultratech won underground coal block in Madhya Pradesh with
total reserve of 29.12 million tonne. The coal block although
beneficial considering rise in price of coal over the long term will
only contribute minimally (0.75MTPA) considering the company’s
annual coal requirement (over 8.5 MT). Hence it would not have
significant impact on cement cost of production.
 Lanco approaches lenders to
reschedule Rs1000 crore debt
Lanco Group has approached lenders to reschedule Rs1,000
crore debt of two of its gas-based power plants in Andhra
Pradesh till January 2018.The company has also sought similar
reprieve from lenders for some of its power plants under Reserve
Bank of India's 5/25 formula.
 RBI eases regulations for NBFCs
RBI has eased lending regulations for NBFCs by removing investor
limits and the need for collateral guarantees on standard debt
transactions.Henceforth the NBFCs would henceforth be able to
conduct non-convertible transactions valued at Rs10 million or more
unsecured, and such issuance would no longer be limited to 200
investors.This is positive for NBFCs like Bajaj Finance, LIC Housing,
Shriram transport, Mahindra Finance etc.
 JBM Auto to invest Rs100 crore for
capacity expansion
JBM Auto to invest Rs100 crore for capacity expansion in Tamil Nadu
- positive for JBM Auto.The proposed investment would take up the
capacity from 75,000 components to 100,000 a day. The products
manufactured in these facilities include chassis and suspension
 Rajesh Exports secures Rs732 cr
export order; stk gains
Shares of Rajesh Exports rose over 7%, touching to Rs181.25,
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