weekly-equity-report BY EPIC RESEARCH 24 DEC 2012

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WEEKLY NEWS Mining sector in limbo, enters 2013 fraught with worries Year 2012 for India Inc was disastrous. It was failure after failure that hit the mining industry. First it was Karnataka where mining activates were banned and then Goa. The shortage of iron ore also affected the steel-makers. Input costs surged exponentially SEBI's revised delisting norms: 45 cos assure of compliance Delisting has been a sore point for every corporate looking to exit the markets. The process is so tedious, even bankers want it to be changed. But market regulator SEBI is in no hurry to review the process. CNBC-TV19’s Sajeet Manghat and Ashmit Kumar reports. CCI dismisses plea against DLF Group Competition watchdog CCI has dismissed a plea for investigating alleged abuse of market dominance by realty major DLF Group that was related to a commercial office project here.In an order released today, the CCI said that there is no need for proceeding with the plea against DLF Commercial Complexes Ltd for alleged abuse of dominance, while allotting office space in its DLF Tower project in West Delhi, as the company "was not dominant in the relevant market determined by the Commission". http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 24 TH DECEMBER 2012 MARKET UPDATE:- Nifty down by 13 pts and settle at 5847.70 Bank Nifty down by 88 pts at 12315.05

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Transcript of weekly-equity-report BY EPIC RESEARCH 24 DEC 2012

Page 1: weekly-equity-report BY EPIC RESEARCH 24 DEC 2012

WEEKLY NEWS

Mining sector in limbo, enters 2013 fraught with

worries

Year 2012 for India Inc was disastrous. It was failure

after failure that hit the mining industry. First it was

Karnataka where mining activates were banned and

then Goa. The shortage of iron ore also affected the

steel-makers. Input costs surged exponentially

SEBI's revised delisting norms: 45 cos assure of

compliance

Delisting has been a sore point for every corporate

looking to exit the markets. The process is so tedious,

even bankers want it to be changed. But market

regulator SEBI is in no hurry to review the process.

CNBC-TV19’s Sajeet Manghat and Ashmit Kumar

reports.

CCI dismisses plea against DLF Group

Competition watchdog CCI has dismissed a plea for

investigating alleged abuse of market dominance by

realty major DLF Group that was related to a

commercial office project here.In an order released

today, the CCI said that there is no need for proceeding

with the plea against DLF Commercial Complexes Ltd

for alleged abuse of dominance, while allotting office

space in its DLF Tower project in West Delhi, as the

company "was not dominant in the relevant market

determined by the Commission".

http://www.epicresearch.co 09752199966 09993959693

WEEKLY EQUITY NEWSLETTER 24TH DECEMBER 2012

MARKET UPDATE:-

Nifty down by 13 pts and

settle at 5847.70

Bank Nifty down by 88 pts at 12315.05

Page 2: weekly-equity-report BY EPIC RESEARCH 24 DEC 2012

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co 09752199966

MARKET ANALYSIS THE MARKET DECLINED MARGINALLY LAST WEEK ON WEAK GLOBAL CUES AMID DIMMING HOPES THAT US

POLITICIANS WILL REACH A DEBT DEAL BEFORE THE END OF THE YEAR. UNITED STATES IS THE WORLD'S

BIGGEST ECONOMY. GAINS FUELLED BY HOPES OF NEW GOVERNMENT REFORMS ALSO SUBSIDED AS THE

WINTER SESSION OF PARLIAMENT ENDED ON THURSDAY, 20 DECEMBER 2012. THE BSE SENSEX FELL 75.25 POINTS OR 0.39% TO 19,242 IN THE WEEK ENDED FRIDAY, 21 DECEMBER

2012. THE 50-UNIT S&P CNX NIFTY DECLINED 31.90 POINTS OR 0.54% TO 5,847.70 IN THE WEEK. AMONG THE 30-SENSEX SHARES, 20 ROSE AND THE REMAINING SHARES DECLINED. TATA STEEL (UP 8.13% TO RS 429.55), HINDALCO INDUSTRIES (UP 7.63% TO RS 129.15), JINDAL STEEL

& POWER (UP 5.52% TO RS 454.25) AND STERLITE INDUSTRIES (INDIA) (UP 3.31% TO RS 116.95),

EDGED HIGHER. PHARMA MAJOR CIPLA ROSE 3.68% TO RS 418.90. THE STOCK SCALED A RECORD HIGH

OF RS 430 IN INTRADAY TRADE ON FRIDAY, 21 DECEMBER 2012. COMMERCIAL VEHICLES MAJOR TATA

MOTORS ROSE 2.57% TO RS 299.40. THE COMPANY EARLY THIS WEEK ANNOUNCED THE LAUNCH OF A

NEW VARIANT OF ITS CROSSOVER VEHICLE TATA ARIA VIZ. TATA ARIA PURE LX WITH A BOUQUET OF

FEATURES. MORTGAGE LENDER HDFC FELL 2.82% TO RS 828.35. INDIA'S SECOND LARGEST PRIVATE

SECTOR BANK BY NET PROFIT HDFC BANK SHED 1.80% TO RS 676.30.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Consolidate Bank Nifty looks Consolidate

Strategy: Sell on rise Strategy: Sell on rise

Support:5790 Support: 12115

Resistance: 5910 Resistance: 12515

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6217 6101 5985 5916 5869 5800 5753 5637 5521

Page 3: weekly-equity-report BY EPIC RESEARCH 24 DEC 2012

http://www.epicresearch.co 09752199966

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: weekly-equity-report BY EPIC RESEARCH 24 DEC 2012

.

GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

Tata Steel 430.70 2634.94 397.00 33.70 8.49

Hindalco 129.30 6224.17 119.95 9.35 7.79

Jindal Steel & Power

454.55 3234.00 431.20 23.35 5.42

Cipla 419.75 1224.62 403.00 16.75 4.16

Sesa Goa 194.70 1743.29 187.75 6.95 3.70

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR. CLOSE NET

CHANGE

% CHANGE

JP Associate 96.70 13739.47 101.50 -4.80 -4.73

Cairn India 312.00 1622.27 324.65 -12.65 -3.90

Ambuja 199.75 2837.14 206.45 -6.70 -3.25

Siemens 659.40 115.48 680.65 -21.25 -3.12

ITC 287.05 4475.19 295.95 -8.90 -3.01

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