WEEKLY NEWS

L&T to sell stake in infra unit in 60 days

Larsen & Toubro, India's biggest engineering

conglomerate, plans to sell a stake in its wholly-owned

infrastructure unit within the next two months, chairman

AM Naik said at the company's annual shareholder's

meeting on Friday.L&T Infrastructure Development

Projects (L&T IDPL) was in talks with private-equity

investors including Temasek Holdings to raise $250

million to $300 million.

Osamu Suzuki meets Modi; Maruti to set up skill

centre in Gujarat

The private equity arm of Citigroup is set to invest $125

Maruti Suzuki India will set up a skill development

centre in Gujarat, where it is investing Rs 4,000 crore to

set up a manufacturing facility, even as it is trying to

restore normalcy at its Manesar plant in Haryana..

Bharti Airtel shortlists StanChart, JPMorgan for

tower arm IPO

Bharti Airtel has shortlisted banks including Standard

Chartered and JPMorgan to manage a share sale in its

telecoms tower unit to raise more than $750 million, two

sources with direct knowledge of the matter said. Top

telecoms carrier Bharti has also shortlisted Bank of

America Merrill Lynch, HSBC, UBS and Kotak Mahindra

for the initial public offering, the sources said on Friday..

http://www.epicresearch.co +91999399693 09993959693

WEEKLY EQUITY NEWSLETTER

27TH AUGUST 2012

MARKET UPDATE:-

Nifty up 20.40 at 5386

Bank Nifty down 82 pts

at 10332

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co +91999399693

MARKET ANALYSIS THE MARKET EDGED HIGHER FOR THE FOURTH CONSECUTIVE WEEK AS WORLD STOCKS ROSE ON

SPECULATION POLICY MAKERS IN THE US AND CHINA WILL EASE MONETARY POLICY TO BOOST GROWTH IN

THE WORLD'S TWO BIGGEST ECONOMIES

THE BSE SENSEX ROSE 92.13 POINTS OR 0.52% TO 17,783.21. THE 50-UNIT S&P CNX NIFTY ROSE

20.40 POINTS OR 0.38% TO SETTLE AT 5,386.70.

THE BSE MID-CAP INDEX FELL 0.63% AND THE BSE SMALL CAP INDEX FELL 0.61%. BOTH THESE

INDICES UNDERPERFORMED THE SENSEX. TRADING FOR WEEK BEGAN ON A STRONG NOTE ON TUESDAY, 21 AUGUST 2012. KEY BENCHMARK INDICES

SURGED ON TUESDAY, 21 AUGUST 2012, AS EUROPEAN STOCKS ROSE ON GROWING OPTIMISM THAT THE

EUROPEAN CENTRAL BANK (EBC) WILL TAKE STEPS TO BRING DOWN BORROWING COSTS FOR DEBT-LADEN EUROPEAN NATIONS. THE BSE SENSEX JUMPED 194.18 POINTS OR 1.1% TO SETTLE AT 17,885.26.

THE S&P CNX NIFTY JUMPED 54.70 POINTS OR 1.02% TO 5,421.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Bearish Bank Nifty looks Bearish

Strategy: Sell on rise Strategy: Sell on rise

Support: 5240 Support: 10115

Resistance: 5560 Resistance: 10550

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5640 5560 5480 5433 5400 5353 5320 5240 5160

http://www.epicresearch.co +91999399693

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

.

GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

Ranbaxy 551.7 997.29 516.15 35.55 6.89

Coal India 367.05 3018.09 349.9 17.15 4.9

BPCL 354.55 964.75 340.6 13.95 4.1

Infosys 2444.8 1061.66 2351.05 93.75 3.99

TCS 1322.85 643.79 1278.6 44.25 3.46

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL. (000) PR. CLOSE NET

CHANGE

% CHANGE

Bharti Airtel 247.95 8913.8 262.3 -14.35 -5.47

Reliance Infra 486.65 2687.37 510.5 -23.85 -4.67

RIL 782.1 3275.64 816.1 -34 -4.17

Axis Bank 1075.45 1604.16 1110.2 -34.75 -3.13

Hindalco 111 10128.87 113.7 -2.7 -2.37

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (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 on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility

The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the 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, togethe r with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the 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 any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.