Embed Size (px)
Transcript of Weekly equity-report
Falling growth, high inflation risks to stability:
Risks to India's macro-economic stability have
increased on the back of an economic slowdown, high
inflation, and ballooning fiscal and current account
deficits, the Reserve Bank of India said in a report on
Friday.A slowdown in both domestic savings and
investment demand, as well as a moderation in
consumption have also emerged as threats to
macroeconomic stability, the central bank said in its
financial stability report (FSR).
Uttam Galva Group confident of turning Lloyds
Uttam Galva Group , which recently acquired a majority
stake in the ailing Lloyds Steel, on Friday said that it
would turn around the fortunes of the acquired company
and planned doubling of the operating profit in about a
Ambuja to invest Rs 325 cr to expand WB plant
Ambuja Cements today announced capacity expansion
of its Sankrail grinding unit in West Bengal to 2.4 million
tonnes at an investment of Rs 325 crore. "The capacity
of the Sankrail grinding unit of the company would be
expanded from 1.5 million tonne per annum to 2.4
million tonne at an investment of Rs 325 crore," the
company said in a release.
http://www.epicresearch.co 09752199966 09993959693
WEEKLY EQUITY NEWSLETTER 31ST DECEMBER 2012
Nifty up by 39 pts and
settle at 5908.35
Bank Nifty up by 88 pts at 12315.05
NIFTY WEEKLY PIVOTS
MARKET ANALYSIS KEY BENCHMARK INDICES EDGED HIGHER IN THE WEEK ENDED FRIDAY, 28 DECEMBER 2012 IN THIN
TRADING. THE MARKET GAINED IN 3 OUT OF FOUR TRADING SESSIONS IN THE WEEK JUST GONE BY. THE BSE SENSEX ROSE 202.84 POINTS OR 1.05% TO 19,444.84 IN THE WEEK ENDED FRIDAY, 28
DECEMBER 2012. THE 50-UNIT S&P CNX NIFTY GAINED 60.65 POINTS OR 1.03% TO 5,908.35 IN THE WEEK. AMONG THE 30-SENSEX SHARES, 21 ROSE AND THE REMAINING SHARES DECLINED IN THE WEEK ENDED
FRIDAY, 28 DECEMBER 2012. BHARTI AIRTEL (UP 3.65%), TATA POWER COMPANY (UP 2.93%) AND NTPC (UP 2.09%) EDGED HIGHER
FROM THE SENSEX PACK.JINDAL STEEL & POWER (DOWN 1.94%), M&M (DOWN 1.40%) AND
HINDUSTAN UNILEVER (DOWN 1.12%) EDGED LOWER FROM THE SENSEX PACK. IT STOCKS ROSE ON
HOPES THE US LAWMAKERS WILL TRY TO REACH A DEAL TO BREAK THE BUDGET IMPASSE BEFORE THE END
OF THE YEAR. US IS THE BIGGEST OUTSOURCING MARKET FOR THE INDIAN IT FIRMS. INDIA'S LARGEST
SOFTWARE SERVICES EXPORTER BY REVENUES TCS ROSE 0.57%.INDIA'S SECOND LARGEST SOFTWARE
SERVICES EXPORTER BY REVENUES INFOSYS GAINED 1.13%.INDIA'S THIRD LARGEST SOFTWARE SERVICES
EXPORTER BY REVENUES WIPRO ROSE 3.23%.LARSEN & TOUBRO (L&T) ROSE 1.85%. L&T AFTER
TRADING HOURS ON THURSDAY, 27 DECEMBER 2012, SAID IT HAS SECURED AN OFFSHORE CONTRACT
VALUED AT RS 781 CRORE FOR 3 WELLHEAD PLATFORMS FROM ONGC.
NIFTY BANK NIFTY
Nifty looks Consolidate Bank Nifty looks Consolidate
Strategy: Sell on rise Strategy: Sell on rise
Support:5840 Support: 12260
Resistance: 5960 Resistance: 12660
NIFTY WEELY PIVOTS
PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6152 6066 5980 5944 5894 5858 5808 5722 5636
NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART
GAINERS AND LOOSERS
WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR.
Bharti Airtel 319.05 3412.99 307.35 11.70 3.81
310.05 5434.42 299.40 10.65 3.56
Wipro 392.05 818.38 379.45 12.60 3.32
Tata Power 109.25 2740.20 105.95 3.30 3.11
Axis Bank 1359.55 1682.50 1321.25 38.30 2.90
WEEKLY NIFTY LOOSERS
SCRIPS RATE VOL.
PR. CLOSE NET
Grasim 3141.80 79.97 3211.05 -69.25 -2.16
Jindal Steel 445.80 3224.33 454.55 -8.75 -1.92
M & M 924.60 622.31 937.55 -12.95 -1.38
Power Grid 113.50 1717.57 114.70 -1.20 -1.05
HUL 522.10 1643.26 527.15 -5.05 -0.96
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.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, togethe r with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved. Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.