Stock Market Reports for the Week (31st January - 4th February - 2011)

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    1 | JANUARY 2011 | www.capitalvia.com

    The Dow Jones industrial average was down 166.13 points, or 1.39%, a t 11823.7. The Standard & Poor's 500 Index fell 23.2 points, or 1.79%, at 1276.34. The

    Nasdaq Composite Index lost 68.39 points, or 2.48%, at 2686.89.

    Nasdaq quotations for its main stock indexes suffered an outage of nearly one hour at the open, also causing confusion among traders. Nasdaq OMX Group has

    not explained what caused the problem.

    In safer assets, gold futures rose more than 2% and the US dollar rose 0.6% against a basket of major currencies. Nasdaq

    Crude futures jumped about 4.4% to USD 89.38 per barrel but energy company shares declined.

    US MARKET

    Indian equities closed in the red on Friday - incidentally for the third consecutive day - as foreign investors pulled out some money by selling shares for the

    second consecutive day. The sell-off across sectors during the day sent the Nifty sell below 5500-mark for the first time since September 6, 2010, but buying by

    domestic institutions at lower levels due to an oversold situation and support from ONGC, ICICI Bank, Bharti & HUL helped the index to hold the psychologically

    important level at close.

    BHEL and L&T from capital goods space were down 3.67% & 2.3%, respectively. In power pack, NTPC, Power Grid, Tata Power and Reliance Power slipped 1.5-

    2.6%.

    In smallcap space, Lloyds Metals rallied 20% and Valecha Engg jumped 19.22%. Hanung Toys, Surana Industries and Kama Holdings were up 9.7-12%. However,

    Rossell Tea, Nilkamal, SML Isuzu, Spectacle Info and Borosil Glass lost 4.5-5%.

    WEEK WRAP

    The FTSE Asia Pacific index is down 0.6% with Japan's Nikkei 225 off 1.1%, Australia's ASX 200 down 0.7%, and South Korea's Kospi Composite off 0.3%. China's

    Shanghai Composite is up 0.2%, but Hong Kong's Hang Seng is tracking the regional trend with a fall of 0.4%.

    Asian stocks rose for the sixth time since mid-December as higher corporate earnings countered Standard & Poor's cut of Japan's credit rating and concern that

    Chinese policy makers will tighten monetary policy.

    The MSCI Asia Pacific Index rose 0.86 percent to 137.65 this week. Of the 131 companies in the gauge that reported earnings for the latest quarter as of

    yesterday, 61 exceeded analysts' estimates, while 52 missed them, according to data compiled by Bloomberg. On Jan. 31, 85 of the 1,019 companies in the index

    are scheduled to release results.

    ASIAN & EMERGING MARKET

    Credit risks for Indian banks are manageable as they are lending mostly to moderate and low-risk sectors, rating agency Standard & Poor's (S&P) said today.

    Govt ups indirect tax collection target by 7%: Boosted by higher revenue mop-up during April-December 2010-11, the government today said it has upped

    indirect tax collection estimates by 7 per cent for this fiscal, from the Budget target of Rs 3.15 lakh crore.

    High food inflation is threat to recovery: WB Higher food prices pose a major threat to the global economy and social stability but policymakers must not over-

    regulate commodity markets, a senior World Bank official said on Thursday.

    MICRO ECONOMIC FRONT

    Global Research Limited

    Sell Off Continues -Bears Aggressive !

    MARKETthisWeekMARKETthis Week

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    WEEKLYSTOCKS REPORT31st Jan - 04th Feb 2011

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    LOSERS

    GAINERS

    FIIS INVESTMENTSDIIS INVESTMENTS

    Indices Buy Value Sell Value Net Value

    Scrip Current Close Change Chg % Scrip Current Close Change Chg %

    Indices Buy Value Sell Value Net Value

    S&P CNX 500

    CN XIT

    CNX MIDCAP

    CNX 100

    4604.00

    7232.60

    8243.90

    5624.45

    4667.50

    7327.10

    8287.25

    5703.35

    4381.85

    7005.90

    7774.75

    5501.60

    4427.50

    7065.35

    7880.70

    5412.05

    TCI FINANCE

    TATA COFFEE

    107.35

    749.35

    NEHA INTL 114.65

    SUJANA TOWER 37.10

    SHYAM TELE 59.45

    80.00

    581.00

    93.20

    28.65

    47.50

    34.18

    28.97

    23.01

    29.49

    25.15

    ONWARD TECHN

    NELCAST

    KIRLOSKAROIL

    BF INVEST

    SOMANY CERA

    100.90

    37.50

    165.00

    93.25

    43.20

    130.40

    50.85

    200.45

    111.55

    51.65

    -22.62

    -26.25

    -17.68

    -16.40

    -16.36

    27-Jan-2011 599.50 907.20 -307.70

    25-Jan-2011 537.70 589.20 -51.50

    28-Jan-2011 4192.90 5590.30

    27-Jan-2011 3167.00 2738.80

    25-Jan-2011 2593.30 2398.40

    24-Jan-2011 2517.50 2479.90

    -1397.40

    428.30

    194.90

    37.60

    WORLD INDICES

    CloseWorld Indices Weekly Chg Points % Chg

    NIFTY

    NIFTY Properties Values

    Open High Low Close

    SECTORIAL INDICES

    Indices

    Shanghai Comp.

    DOW Jones

    18395.97

    5512.15

    2752.95

    11823.70

    5881.37

    10360.34

    4002.32

    Sensex

    Nifty

    FTSE

    Nikkei

    CAC 40

    -611.56

    -204.95

    +37.66

    -48.15

    -14.93

    +85.8

    -15.13

    -3.2%

    -3.58%

    +1.38%

    -0.04%

    -0.25%

    +0.8%

    -0.37%

    Weekly Open

    Weekly High

    Weekly Low

    Weekly Close

    Weekly Chg Points

    Weekly Chg%

    5717.10

    5801.55

    5459.55

    5512.15

    -204.95

    -3.58%

    BANK NIFTY

    CNX NIFTY JUNIOR 11407.85

    10923.75

    11546.75

    11256.95

    10711.00

    10481.10

    10854.85

    10578.25

    2 | JANUARY 2011 | www.capitalvia.com

    31st Jan - 04th Feb 2011WEEKLYSTOCKS REPORT Global Research LimitedMARKETthisWeekMARKETthis Week

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    24-Jan-2011 788.90 525.70 263.20

    Sell Off Continues -Bears Aggressive !

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    WEEK AHEAD SPOT NIFTY

    Bank nifty Future had seen sharp fall in last week .it may take more down fall ,if it manages to sustain below 10400 level It can take

    more correction till 10295. One should adopt the strategy of sell at higher level ,Support for Bank Nifty is at 10400/10295 and

    Resistance is at 10930/11184.

    Figure:BankNiftyW

    eekly

    WEEK AHEAD BANK NIFTY

    Support 1

    Support 2

    Resistance 1

    Resistance 2

    10400

    10295

    10930

    11184

    TECHNICALS

    ValuesProperties

    Nifty future witnessed sharp fall last week and tested 5485 level .It may take some recovery but overall trend is bearish. If it manages to

    sustain below 5356 level it may test 5250 level in near term. One should adopt the strategy of sell at higher level .Support for Nifty Future

    is at 5470/5355 and its Resistance is seen at 5622/5715

    Figure:1NiftyWeekly

    TECHNICALS

    ValuesProperties

    Support 1

    Support 2

    Resistance 1

    Resistance 2

    5470

    5355

    5622

    5622

    3 | JANUARY 2011 | www.capitalvia.com

    31st Jan - 04th Feb 2011WEEKLYSTOCKS REPORT Global Research LimitedMARKETthisWeekMARKETthis Week

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    Sell Off Continues -Bears Aggressive !

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    C O N T A C T U S

    31st Jan - 04th Feb 2011WEEKLYSTOCKS REPORT Global Research LimitedMARKETthisWeekMARKETthis Week

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    Sell Off Continues -Bears Aggressive !