Weekly equity-report by epic research 18 feb 2013

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WEEKLY NEWS CCI may take up 12 coal mining projects on Feb 20 meeting The Cabinet Committee on Investment (CCI) may take up the issue of clearances to 12 coal mining projects, involving Rs 1,347 crore investment, in its meeting on February 20.The meeting will also discuss measures to expedite three critical rail projects, according to a source. "Suitable decisions of CCI are sought for fast- tracking the clearances for these 12 coal mining projects," the source said. India's services exports in Dec at $12.88 bn: RBI India's services-exports in December 2012 stood at USD 12.88 billion, up 7.1 percent from a month ago, Reserve Bank data showed on Friday. The total exports from services in November 2012 was at USD 12.03 billion, as per RBI data.Imports of services also moved up to USD 6.76 billion in December from USD 6.62 billion in the previous month. The services sector contributes about 55 per cent to the country's gross domestic product. India's 2013/14 Budget to be most austere in years Finance Minister P Chidambaram is planning to cut the public spending target for fiscal 2013/14 by up to 10 percent from this year's original target, in what would be the most austere Budget unveiled in recent history as he tries to avert a sovereign credit downgrade. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 18 TH FEBRUARY 2013 MARKET UPDATE:- Nifty down by 33 pts and settle at 5887.40 Bank Nifty up by 37 pts at 12336.00

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Transcript of Weekly equity-report by epic research 18 feb 2013

  • 1. WEEKLY NEWS CCI may take up 12 coal mining projects on Feb20 meetingThe Cabinet Committee on Investment (CCI) may takeup the issue of clearances to 12 coal mining projects,involving Rs 1,347 crore investment, in its meeting onFebruary 20.The meeting will also discuss measures toexpedite three critical rail projects, according to asource. "Suitable decisions of CCI are sought for fast-tracking the clearances for these 12 coal miningprojects," the source said. Indias services exports in Dec at $12.88 bn: WEEKLY EQUITYRBIIndias services-exports in December 2012 stood atNEWSLETTERUSD 12.88 billion, up 7.1 percent from a month ago, 18TH FEBRUARY 2013Reserve Bank data showed on Friday. The total exportsfrom services in November 2012 was at USD 12.03billion, as per RBI data.Imports of services also movedup to USD 6.76 billion in December from USD 6.62billion in the previous month. The services sector MARKET UPDATE:-contributes about 55 per cent to the countrys grossdomestic product. Nifty down by 33 ptsand settle at 5887.40 Indias 2013/14 Budget to be most austere in Bank Nifty up by 37 pts yearsat 12336.00Finance Minister P Chidambaram is planning to cut thepublic spending target for fiscal 2013/14 by up to 10percent from this years original target, in what would bethe most austere Budget unveiled in recent history as hetries to avert a sovereign credit downgrade. http://www.epicresearch.co 09752199966 09993959693

2. MARKET ANALYSIS SHRUGGING OFF POSITIVE CUES FROM EASING INFLATION NUMBERS, THE MARKET DECLINED FOR THE THIRD CONSECUTIVE WEEK. THE 50-UNIT CNX NIFTY FELL TO OVER 7-WEEK CLOSING LOW. THE BSE MID-CAP AND THE BSE SMALL-CAP INDICES WITNESSED MAJOR SELLING PRESSURE DURING THE WEEK. THE MARKET FELL IN THREE OUT OF FIVE TRADING SESSIONS IN THE WEEK GONE BY. INVESTOR SENTIMENT WEAKENED ON FRIDAY, 15 FEBRUARY 2013, AFTER GLOBAL CREDIT RATING AGENCY MOODYS INVESTOR SERVICE WARNED THAT INDIAS EXPANDING CURRENT ACCOUNT DEFICIT AND EXTERNAL DEBTWILL MAKE THE COUNTRY MORE VULNERABLE TO INTERNATIONAL FINANCIAL VOLATILITY AND HAVENEGATIVE IMPLICATIONS FOR ITS SOVEREIGN CREDIT PROFILE. BSE SENSEX FELL 16.62 POINTS OR 0.09% TO 19,468.15, ITS LOWEST CLOSING LEVEL SINCE 11FEBRUARY 2013. THE 50-UNIT CNX NIFTY FELL 16.10 POINTS OR 0.27% TO 5887.40, ITS LOWEST CLOSING LEVEL SINCE27 DECEMBER 2012 AMONG THE 30 SENSEX SHARES, 17 FELL AND 12 STOCKS ROSE. ONE STOCK WAS FLAT. INDIAS LARGEST CAR MAKER BY SALES MARUTI SUZUKI INDIA WAS THE BIGGEST SENSEX LOSER LASTWEEK. IT SHED 7.28% TO RS 1,472.75. INDIAS SECOND LARGEST MOTORCYCLE MAKER BY SALES BAJAJAUTO DECLINED 3.42% TO RS 1,974. THE COMPANYS TOTAL SALES ROSE 3% TO 3.47 LAKH UNITS INJANUARY 2013 OVER JANUARY 2012.. EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTYBANK NIFTY Nifty looks BearishBank Nifty looks Bearish Strategy: Sell on rise Strategy: Sell on rise Support:5850 Support: 12260 Resistance: 5930 Resistance: 12390 NIFTY WEEKLY PIVOTSPIVOTSR4 R3R2R1 PPS1 S2S3S4NIFTY6251 613560195953 5903 583757875671 5555 http://www.epicresearch.co09752199966 3. NIFTY WEEKLY CHART WEEKLY BANK NIFTY CHARThttp://www.epicresearch.co 09752199966 4. GAINERS AND LOOSERSWEEKLY NIFTY GAINERS SCRIPS RATEVOL. (000) PR. NET % CHANGE CLOSECHANGE Tata 304.45 9896.17285.40 19.05 6.67 MotorsSun Pharma 786.20 1665.14746.10 40.10 5.37HDFC Bank676.75 4706.66650.05 26.70 4.11 HCL Tech. 697.00 1552.18670.20 26.80 4.00 Coal India349.85 2935.77338.75 11.10 3.28 WEEKLY NIFTY LOOSERS. SCRIPS RATE VOL.PR. CLOSE NET% CHANGE (000)CHANGESiemens 567.70 94.75615.55-47.85-7.77DLF 248.705180.00 268.80-20.10-7.48Maruti Suzuki1475.05659.41 1587.70 -112.65-7.10Jindal Steel386.201065.88 414.25-28.05-6.77BPCL379.50739.02401.40-21.90-5.46DisclaimerThe information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept anyresponsibility (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 onsources that we consider reliable.This material is for personal information and based upon it & takes no responsibilityThe information given herein should be treated as only factor, while making investment decision. The report does not provide individuallytailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, andencourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based onthe 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, together with allestimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocksrecommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading ofthe 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 anyfinancial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer tobuy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our callsor SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then SeriousLegal Actions can be taken.