Weekly equity-report by epic research 13 aug
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Transcript of Weekly equity-report by epic research 13 aug
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
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
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
WEEKLY EQUITY NEWSLETTER
13TH AUGUST 2012
Nifty up 105 at 5320.
Bank Nifty up 43 pts at
NIFTY WEEKLY PIVOTS
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
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
NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART
GAINERS AND LOOSERS
WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR.
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
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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