Weekly equity-report by epic research 13 aug

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WEEKLY NEWS Mutual funds lose Rs 1,072 crore in a week due to SBI, Bharti Mutual funds lost an estimated Rs 1,071 crore this week due to the fall in State Bank of India and Bharti Airtel shares. SBI is the second most widely held stock by mutual funds, with 320 mutual funds holding nearly 3.09 crore shares worth Rs 6,674 crore. Kingfisher Airlines posts Q1 loss of Rs 651 crore Kingfisher Airlines, which used to be India's second biggest carrier but is now struggling with crushing debt, posted another quarterly loss on Saturday and shed no light on any potential funding lifeline.. BHEL plans to invest Rs 1,000 crore for modernization Engineering major BHEL plans to undertake capital expenditure of Rs 1,000 crores this year for internal modernization and expansion of different sectors under its ambit. Besides this, Rs 400 crore has been set aside for a JV investment for setting up a steel plant, of which 30-40 per cent off take will be for the company's own consumption http://www.epicresearch.co +91999399693 09993959693 WEEKLY EQUITY NEWSLETTER 13 TH AUGUST 2012 MARKET UPDATE:- Nifty up 105 at 5320. Bank Nifty up 43 pts at 10358.

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Transcript of Weekly equity-report by epic research 13 aug

Page 1: Weekly equity-report by epic research 13 aug

WEEKLY NEWS

Mutual funds lose Rs 1,072 crore in a week due

to SBI, Bharti

Mutual funds lost an estimated Rs 1,071 crore this week

due to the fall in State Bank of India and Bharti Airtel

shares. SBI is the second most widely held stock by

mutual funds, with 320 mutual funds holding nearly 3.09

crore shares worth Rs 6,674 crore.

Kingfisher Airlines posts Q1 loss of Rs 651

crore

Kingfisher Airlines, which used to be India's second

biggest carrier but is now struggling with crushing debt,

posted another quarterly loss on Saturday and shed no

light on any potential funding lifeline..

BHEL plans to invest Rs 1,000 crore for

modernization

Engineering major BHEL plans to undertake capital

expenditure of Rs 1,000 crores this year for internal

modernization and expansion of different sectors under

its ambit. Besides this, Rs 400 crore has been set aside

for a JV investment for setting up a steel plant, of which

30-40 per cent off take will be for the company's own

consumption

http://www.epicresearch.co +91999399693

09993959693

WEEKLY EQUITY NEWSLETTER

13TH AUGUST 2012

MARKET UPDATE:-

Nifty up 105 at 5320.

Bank Nifty up 43 pts at

10358.

Page 2: Weekly equity-report by epic research 13 aug

NIFTY WEEKLY PIVOTS

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MARKET ANALYSIS THE MARKET EDGED HIGHER FOR THE SECOND CONSECUTIVE WEEK, WITH INVESTOR SENTIMENT BOOSTED

BY DATA SHOWING THAT FOREIGN FUNDS REMAINED NET BUYERS OF INDIAN STOCKS. COMMENTS FROM

UNION FINANCE MINISTER P CHIDAMBARAM THA T HE INTENDS TO SHORTLY UNVEIL A PATH OF FISCAL

CONSOLIDATION AIDED GAINS ON THE DOMESTIC BOURSES. THE BSE SENSEX ROSE 359.81 POINTS OR 2.09% TO 17,557.74. THE 50-UNIT S&P CNX NIFTY ROSE 104.70

POINTS OR 2.01% TO SETTLE AT 5,320.40. THE BSE MID-CAP INDEX ROSE 0.45% AND THE BSE SMALL CAP INDEX ROSE 0.06%. BOTH THESE INDICES

UNDERPERFORMED THE SENSEX. THE SENSEX HAS GAINED 321.56 POINTS OR 1.86% IN THIS MONTH SO FAR (TILL 10 AUGUST 2012). THE

SENSEX HAS JUMPED 2,102.82 POINTS OR 13.6% IN CALENDAR 2012 SO FAR (TILL 10 AUGUST 2012). FROM A 52-WEEK LOW OF 15,135.86 ON 20 DECEMBER 2011, THE SENSEX HAS RISEN 2,421.88 POINTS OR

16%. FROM A 52-WEEK HIGH OF 18,523.78 ON 22 FEBRUARY 2012, THE SENSEX HAS LOST 966.04 POINTS

OR 5.21%.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks bearish Bank Nifty looks bearish

Strategy: Sell on rise. Strategy: Sell on rise

Support: 5180 Support: 10190

Resistance: 5480 Resistance: 10570

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5670 5553 5439 5378 5319 5261 5202 5085 4986

Page 3: Weekly equity-report by epic research 13 aug

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NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: Weekly equity-report by epic research 13 aug

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GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

BPCL 352.55 2007.71 340.3 12.25 3.6

Kotak Bank 580.5 1036.36 565.85 14.65 2.59

HUL 497.7 1706.79 488.25 9.45 1.94 Maruti 1165.8 638.61 1144.8 21 1.83

TCS 1280.05 1541.18 1258.15 21.9 1.74

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL. (000) PR. CLOSE NET

CHANGE

% CHANGE

Bharti Airtel 255.6 3017.02 296.5 -40.9 -13.79

SBI 1887.75 2006.34 2005.35 -117.6 -5.86

Ranbaxy Labs. 484.2 1413.01 509.2 -25 -4.91

BOB 627.15 529.71 650.3 -23.15 -3.56

Cairn India 324.5 1481.69 334.6 -10.1 -3.02

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