Weekly equity-report by epic research 24 dec 2012
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Transcript of 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

NIFTY WEEKLY PIVOTS
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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

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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
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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