Weekly equity-report by epic research 18 march 2013

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WEEKLY NEWS SEBI asks SC to allow arrest of Sahara chief Subrata Roy Securities and Exchange Board of India (SEBI) today appealed to Supreme Court for detention of Sahara Group chairman Subrata Roy after two companies of the group failed to comply with apex court's order to refund Rs 24,000 crore to its investors. CNBC-TV18's Payaswini Upadhyay reports. SEBI has also asked the Supreme Court to detain passport of Roy and other Sahara group director India to have 225 billionaires by 2022, says report India, which is at the fifth spot in global ranking with 122 dollar-billionaires in 2012, is likely to see a whopping 84 percent growth in this number with 225 billionaires by 2022, real estate consultancy Knight Frank has said in a report.Asia's third-largest economy, with 122 dollar- billionaires last year, is expected to see an 84 percent rise in this number to 225 by 2022, according to the firm's `Wealth Report 2013' released here today Wipro's promoter entity sells shares worth Rs 3,269 cr A promoter entity of Wipro Ltd today offloaded over seven crore shares of the IT company to two other promoters in transactions worth Rs 3269.57 crore.As per the block deal data available with the stock exchanges, Hasham Traders sold 7.43 crore shares of Azim Premji-led Wipro, which were purchased by two other promoter entities - Prazim Traders and Zash Traders. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 18 TH MARCH 2013 MARKET UPDATE:- Nifty down by 74 pts and settle at 5872.60 Bank Nifty down by 405 pts at 11816.55

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

  • WEEKLY NEWS

    SEBI asks SC to allow arrest of Sahara chief

    Subrata Roy

    Securities and Exchange Board of India (SEBI) today

    appealed to Supreme Court for detention of Sahara

    Group chairman Subrata Roy after two companies of

    the group failed to comply with apex court's order to

    refund Rs 24,000 crore to its investors. CNBC-TV18's

    Payaswini Upadhyay reports. SEBI has also asked the

    Supreme Court to detain passport of Roy and other

    Sahara group director

    India to have 225 billionaires by 2022, says

    report

    India, which is at the fifth spot in global ranking with 122

    dollar-billionaires in 2012, is likely to see a whopping 84

    percent growth in this number with 225 billionaires by

    2022, real estate consultancy Knight Frank has said in a

    report.Asia's third-largest economy, with 122 dollar-

    billionaires last year, is expected to see an 84 percent

    rise in this number to 225 by 2022, according to the

    firm's `Wealth Report 2013' released here today

    Wipro's promoter entity sells shares worth Rs

    3,269 cr

    A promoter entity of Wipro Ltd today offloaded over

    seven crore shares of the IT company to two other

    promoters in transactions worth Rs 3269.57 crore.As

    per the block deal data available with the stock

    exchanges, Hasham Traders sold 7.43 crore shares of

    Azim Premji-led Wipro, which were purchased by two

    other promoter entities - Prazim Traders and Zash

    Traders.

    http://www.epicresearch.co 09752199966 09993959693

    WEEKLY EQUITY NEWSLETTER

    18TH MARCH 2013

    MARKET UPDATE:-

    Nifty down by 74 pts and

    settle at 5872.60

    Bank Nifty down by 405 pts at 11816.55

    http://www.epicresearch.co/

  • NIFTY WEEKLY PIVOTS

    http://www.epicresearch.co 09752199966

    MARKET ANALYSIS THE MARKET DECLINED LAST WEEK ON FEARS THAT THE RESERVE BANK OF INDIA (RBI) MAY NOT CUT

    INTEREST RATES AT ITS MID-QUARTER REVIEW OF MONETARY POLICY 2012-13 ON 19 MARCH 2013, AMID RISING RETAIL INFLATION. WEAKNESS IN GLOBAL MARKETS ALSO DENTED SENTIMENTS. MARKET FELL IN FOUR OUT OF FIVE TRADING SESSIONS.

    IN THE WEEK ENDED FRIDAY, 15 MARCH 2013, THE BSE SENSEX FELL 255.67 POINTS OR 1.30% TO 19,427.56.

    THE 50-UNIT CNX NIFTY FELL 73.10 POINTS OR 1.23% TO 5,872.60, ITS LOWEST CLOSING LEVEL SINCE 13 MARCH 2013.

    AMONG THE 30 SENSEX SHARES, 21 DECLINED AND THE REMAINING ROSE. MOTORCYCLE MAKER BAJAJ AUTO WAS THE TOP LOSER IN THE SENSEX PACK LAST WEEK. THE STOCK FELL

    7.95% TO RS 1852.50. THE COMPANY ON 4 MARCH 2013 SAID ITS TOTAL SALES FELL 3% TO 3.32 LAKH UNITS IN FEBRUARY 2013 OVER FEBRUARY 2012. MOTORCYCLES SALES FELL 4% TO 2.91 LAKH UNITS FEBRUARY 2013 OVER FEBRUARY 2012. SALES OF THREE WHEELERS DECLINED 2% TO 41,090 UNITS IN FEBRUARY 2013 OVER FEBRUARY 2012.

    HERO MOTOCORP FELL 3.55% TO RS 1,681. THE COMPANY ON 1 MARCH 2013 SAID TOTAL SALES DECLINED 4.23% TO 5.01 LAKH UNITS IN FEBRUARY 2013 OVER FEBRUARY 2012.

    .

    EXPERT OPINION

    NIFTY BANK NIFTY

    Nifty looks Bearish Bank Nifty looks Bearish

    Strategy: Sell on rise Strategy: Sell on rise

    Support:5820 Support: 11750

    Resistance: 5920 Resistance: 11900

    NIFTY WEEKLY PIVOTS

    PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

    NIFTY 6418 6238 6050 5965 5878 5785 5698 5518 5338

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  • http://www.epicresearch.co 09752199966

    NIFTY WEEKLY CHART

    WEEKLY BANK NIFTY CHART

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  • .

    GAINERS AND LOOSERS

    WEEKLY NIFTY GAINERS

    SCRIPS RATE VOL. (000) PR.

    CLOSE

    NET

    CHANGE

    % CHANGE

    Ranbaxy Labs.

    438.75 533.05 403.05 35.70 8.86

    Siemens 574.10 217.34 533.10 41.00 7.69

    Asian Paints 5007.30 60.82 4666.60 340.70 7.30

    HUL 458.60 3710.97 437.80 20.80 4.75

    Tata Power 101.70 840.77 98.80 2.90 2.94

    WEEKLY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR. CLOSE NET

    CHANGE

    % CHANGE

    Bajaj Auto 1850.30 529.10 2013.45 -163.15 -8.10

    ICICI Bank 1067.50 2870.18 1139.30 -71.80 -6.30

    Hindalco 95.60 8498.92 101.30 -5.70 -5.63

    GAIL India 323.30 1318.27 341.60 -18.30 -5.36

    Axis Bank 1339.85 1180.69 1407.00 -67.15 -4.77

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