WEEKLY EQUITY REPORT BY EPIC RESEARCH- 19 NOVEMBER 2012
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Transcript of WEEKLY EQUITY REPORT BY EPIC RESEARCH- 19 NOVEMBER 2012

WEEKLY NEWS
Subbarao warns against non-inclusive growth,
casino banking
Reserve Bank governor D Subbarao today warned
against "casino banking" that has over-financialised the
real economy, and called for inclusive growth to quell
the growing disenchantment of the public. "A growth
process that increases inequity lacks durability, and
indeed even legitimacy, eventually threatening the
economic and social stability.
Do not approve RIL investment plan for KG-D6:
CAG to OilMin
The CAG has asked Oil Ministry not to approve any of
Reliance Industries' investment plans for the flagging
KG-D6 gas field unless the company gives it unfettered
access to audit its spendings. In a strongly worded
letter, Comptroller and Auditor General of India (CAG)
referred to media reports about the ministry giving nod
to RIL's annual capex for KG-D6 that have been
pending for past three years, to advise the ministry not
to approve any investment except those of "emergent
nature".
Coal India to have new model for price pooling
Coal India is working on a new model for price pooling
that will allow power generators to buy a mix of imported
and domestic coal at one price. Officials at the State-run
miner said the price derived by the new formula will
have the cost of imported coal factored into it would
have been eventually passed on to consumers.
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WEEKLY EQUITY NEWSLETTER 19TH NOVEMBER 2012
MARKET UPDATE:-
Nifty down114 pts at
5574.05
Bank Nifty down 153 pts
at 11335.50

NIFTY WEEKLY PIVOTS
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MARKET ANALYSIS THE MARKET DECLINED LAST WEEK AS WEAKNESS IN GLOBAL STOCKS HIT INVESTOR SENTIMENT
ADVERSELY. KEY BENCHMARK INDICES DECLINED IN ALL FOUR TRADING SESSIONS AS WEAK ECONOMIC
DATA IN THE DOMESTIC MARKET ALSO CONCERNED INVESTORS. A SPECIAL MUHURAT TRADING WAS HELD
ON THE DOMESTIC BOURSES ON TUESDAY, 13 NOVEMBER 2012, TO MARK THE BEGINNING OF THE NEW
SAMAVAT YEAR 2069. THE BSE SENSEX FELL 374.31 POINTS OR 2% TO 18,309.37 IN THE WEEK ENDED FRIDAY, 16 NOVEMBER
2012. THE 50-UNIT S&P CNX NIFTY FELL 112.20 POINTS OR 1.97% TO SETTLE AT 5,574.05. AMONG THE 30 SENSEX SHARES, 27 STOCKS FELL AND JUST THREE SHARES ROSE. INDIA'S LARGEST COMMERCIAL VEHICLE MAKER BY SALES TATA MOTORS WAS TOP SENSEX LOSER LAST
WEEK. THE STOCK FELL 5.56% TO RS 265.05. THE TATA MOTORS GROUP GLOBAL WHOLESALES,
INCLUDING JAGUAR LAND ROVER, ROSE 6% TO 100,660 UNITS IN OCTOBER 2012 OVER OCTOBER 2011.
CUMULATIVE WHOLESALES FOR THE FISCAL WERE 679,051 UNITS, HIGHER BY 7%, COMPARED TO THE
CORRESPONDING PERIOD IN 2011-12. INDIA'S LARGEST STEEL MAKER BY SALES TATA STEEL FELL 5.25%
TO RS 370.05. THE COMPANY REPORTING NET LOSS OF RS 363.93 CRORE FOR Q2 SEPTEMBER 2012,
COMPARED WITH A NET PROFIT OF RS 212.43 CRORE IN Q2 SEPTEMBER 2011. NET SALES ROSE 4.18% TO
RS 33867.32 CRORE IN Q2 SEPTEMBER 2012 OVER Q2 SEPTEMBER 2011.
.
EXPERT OPINION
NIFTY BANK NIFTY
Nifty looks Consolidate Bank Nifty looks Consolidate
Strategy: Buy on dips Strategy: Buy on dips
Support:5490 Support: 11140
Resistance: 5650 Resistance: 11540
NIFTY WEELY PIVOTS
PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6094 5935 5776 5675 5617 5516 5458 5299 5140

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NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART

.
GAINERS AND LOOSERS
WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR.
CLOSE
NET
CHANGE
% CHANGE
Bharti Airtel 301.40 11860.20 290.30 11.10 3.82
Infosys 2343.35 1711.64 2296.30 47.05 2.05
Dr Reddys Lab
1756.90 430.23 1721.65 35.25 2.05
ONGC 257.90 4009.47 253.50 4.40 1.74
Jindal Steel 371.10 2825.97 368.10 3.00 0.81
WEEKLY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR. CLOSE NET
CHANGE
% CHANGE
IDFC 159.35 4653.45 164.90 -5.55 -3.37
DLF 203.60 6964.77 209.25 -5.65 -2.70
PNB 742.90 379.84 763.25 -20.35 -2.67
Tata Motors 265.00 7322.12 272.25 -7.25 -2.66
ICICI Bank 1027.30 2380.46 1054.65 -27.35 -2.59
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