Daily equity report

DAILY EQUITY REPORT

15THjuly 2014

Daily Equity Report

Phone: 0731-6790000 E-mail: [email protected]

INDIAN MARKET INDIAN FACE

INDIAN EQUITY BENCHMARK ended a volatile session on a flat

note, with a negative bias, amid profit taking in IT major

Infosys post its first quarter earnings last week. Also, investor

sentiments were dampened after foreign institutional

investors sold Indian shares worth 7.23 billion rupees

($120.60 million) on Friday.

Further, Government has imposes additional penalty of $579

mn on RIL for KG-D6 output lagging target. The total penalty

on RIL for producing less than target stands at US$2.376 bn.

The wholesale price index (WPI)-based inflation fell to a four-

month low of 5.43% in June against 6.01% in the previous

month.

GLOBAL FACE

Asian stock markets gained on Monday to start a heavy data

week on a solid tone.

European stocks were higher, as markets recovered from the

previous week's sell-off due to concerns over the health of

Portugal's banking sector and as investors eyed the release of

euro zone industrial production data later in the day.

U.S. stocks markets futures pointed to a higher open, as markets

recovered from the previous week's global sell-off due to

worries over Portugal's banking sector and as trading volumes

were expected to remain thin in the absence of any major U.S.

economic reports.

INDICES CLOSE PREVIOUS

SENSEX 25006.98 25024.35

NIFTY 7454.15 7459.60

ASIAN MARKET

INDICES CLOSE PREVIOUS

NIKKEI 15296.82 15164.04

HANG SENG 23346.67 23233.45

KOSPI 1993.88 1988.74

SECTORIAL INDICES

INDICES CHANGE (%)

CNX 100 7388.35 0.03

S&P CNX 500 5990.70 -0.02

CNX MIDCAP 10520.55 0.24

CNX 200 3797.40 0.02

BANK NIFTY 14489.75 0.29

TOP GAINERS

SCRIPT CLOSE CHANGE (%)

HINDALCO 174.00 4.35

ASIANPAINT 590.95 3.89

PNB 907.00 3.72

TATA POWER 105.50 3.48

TOP LOSERS

SCRIPT CLOSE CHANGE (%)

HCL TECH 1452.00 -3.29

HUL 622.00 -3.09

INFY 3225.00 -3.06

WIPRO 540.00 -2.32

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Daily Equity Report

r Capital stars Market Analysis & Research Team

MARKET MOVERS UPSIDE NIFTY SPOT TREND STRATEGY

BULLISH BUY ON DIPS PIVOT POINTS

S3 S2 S1 P R1 R2 R3

7338 7395 7424 7451 7481 7507 7564

NIFTY SUPPORT RESISTANCE S1-7420 R1-7480 S2-7360 R2-7530

BANK NIFTY FUTURE

TREND STRATEGY

BULLISH BUY ON DIPS PIVOT POINTS

S3 S2 S1 P R1 R2 R3

13405 14186 14483 14966 15263 15747 16528

BANK NIFTY SUPPORT RESISTANCE

S1-14405 R1-14630 S2-14300 R2-15000

SCRIPT CLOSE CHANGE

(%) TCS 2426.25 1.3

ONGC 402.75 1.7

HDFC BANK 817.45 0.7

LT 1597.45 1.5

MARKET MOVERS DOWNSIDE

SCRIPT CLOSE CHANGE

(%) RELIANCE 961.75 [0.5]

ITC 344.95 [0.3]

COAL INDIA 358.25 [1.2]

INFOSYS 3225.25 [3.0]

FII & DII ACTIVITY

INSTITUTION NET BUY

(CR.) NET SELL

(CR)

FII 5200.31 5007.75

DII 1926.26 1971.19

NSE TOTALS

INDICES ADVANCES DECLINES

NIFTY 24 26

BANK NIFTY 8 4



Daily Equity Report r

Capital stars Market Analysis & Research Team

MARKET TALKS

crore through issue of non-convertible debentures. The company

has proposed increasing its borrowing limit to Rs 27,000 crore.

WPI inflation eases to 4-month low of 5.43% in June WPI inflation eased to a four-month low of 5.43% in June from

6.01% last month. Food articles inflation at 8.14% vs 9.50% mom,

Manufactured products inflation at 3.61% vs 3.55% mom, Fuel and

power group inflation at 9.04% vs 10.53% mom, Primary articles

inflation at 6.84 vs 8.58% mom.

Shakti Pumps Q1 FY15 net profit up 55% Shakti Pumps, a leading manufacturer of 100% Energy Efficient

Submersible Pumps & Solar Pumps in India with exports to over

100 countries, reported total sales of Rs. 68.78 crore for the quarter

ended June 30, 2014 a 40% growth and Net Profit stands at

Rs.6.79 crore a 55% growth.

Gems and jewellery stocks extend fall post budget

Gems and jewellery stocks are continued under pressure third day

in a row falling by up to 17% after the government kept gold import

duty unchanged at a record 10% in the budget. P C Jeweller,

Rajesh Exports, Tribhovandas Bhimji Zaveri (TBZ), Gitanjali Gems,

Titan Company and Shree Ganesh Jewellery House are down 2-

6%.

Titan declines on buzz jewellery unit

closes gold deposit schemes Titan Company lost 2.54% on reports that the company's jewellery

unit, Tanishq had closed two gold deposit schemes. Tanishq said it

would close the deposit schemes due to changes to rules governing

the sale of deposits under the Companies Act passed last year. Tata Power seeks shareholders nod

to raise Rs70bn Tata Power is seeking shareholders nod to raise up to Rs 7,000

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