WEEKLY EQUITY REPORT BY EPIC RESEARCH- 5 NOVEMBER 2012
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Jet Air's Q2 loss shrinks to Rs 100 cr on forex
Jet Airways' September quarter loss narrowed down to
Rs 100 crore, from Rs 713.6 crore, year-on-year mainly
on forex gain of Rs 69.6 crore. The company has
reported a forex loss of Rs 276 in the corresponding
quarter last year.The airline's income from operations
rose 20%,YoY to Rs 3,755.3 crore.
The company's EBITDA margisn stood at Rs 14.6%,
900MHz auction between Nov'12 to May'13:
The 2G auction EGoM yesterday decided to allow
telecom companies like Bharti , Vodafone and Idea to
retain 2.5MHz of spectrum in 900 MHz band at the time
of license renewal.
Wipro ups guidance after 9 months, CEO TK
Kurien cautiously optimistic about near-term
Wipro met expectations with a 1.7% sequential growth
in revenues during the second quarter and raised its
growth guidance marginally, the first time it upped sales
forecast in nine months.After a disappointing first
quarter when revenues shrank 1.4%, India's third-
largest software company showed a pickup in key
verticals (financial services and energy) and its most
important market - the US. It added 53 new clients
between July and September.
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WEEKLY EQUITY NEWSLETTER 5TH NOVEMBER 2012
Nifty up 32 pts at
Bank Nifty down 87 pts
NIFTY WEEKLY PIVOTS
MARKET ANALYSIS THE MARKET EDGED HIGHER LAST WEEK ON THE BACK OF OPTIMISM OVER THE RESHUFFLE OF CABINET
ON SUNDAY, 28 OCTOBER 2012. THE STRENGTH, HOWEVER, COULD NOT BE SUSTAINED DUE TO THE
RESERVE BANK OF INDIA'S UNWILLINGNESS TO LOWER KEY INTEREST RATES IN THE SECOND QUARTER
REVIEW OF MONETARY POLICY 2012-13 ON 30 OCTOBER 2012. GAINS WERE ALSO CAPPED AS INVESTORS
WERE CONCERNED ABOUT THE IMPACT OF HURRICANE SANDY IN THE US. THE BSE SENSEX ROSE 130.11 POINTS OR 0.70% TO 18,755.45 IN THE WEEK ENDED FRIDAY, 2
NOVEMBER 2012. THE 50-UNIT S&P CNX NIFTY ROSE 33.40 POINTS OR 0.59% TO SETTLE AT 5,697.70. AMONG THE 30 SENSEX SHARES, 20 ROSE AND THE REMAINING SHARES DECLINED LAST WEEK. IT MAJOR WIPRO WAS THE TOP SENSEX GAINER LAST WEEK. THE STOCK GAINED 8.57% TO RS 364.95.
ON A CONSOLIDATED BASIS UNDER INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS),
WIPRO'S NET PROFIT ROSE 24% TO RS 1611 ON 17% INCREASE IN TOTAL REVENUE TO RS 10657 CRORE IN
Q2 SEPTEMBER 2012 OVER Q2 SEPTEMBER 2011. THE RESULT WAS ANNOUNCED BEFORE TRADING
HOURS ON FRIDAY, 2 NOVEMBER 2012. DRUG MAKER DR. REDDY'S LABORATORIES ROSE 6.16% TO RS
1,771.95. MARUTI ON TUESDAY, 30 OCTOBER 2012, SAID ITS NET PROFIT DECLINED 5.4% TO RS 227.50
CRORE ON 8.5% GROWTH IN NET SALES TO RS 8070.10 CRORE IN Q2 SEPTEMBER 2012 OVER Q2
NIFTY BANK NIFTY
Nifty looks Consolidate Bank Nifty looks Consolidate
Strategy: Buy on dips Strategy: Buy on dips
Support: 5630 Support: 11160
Resistance: 5770 Resistance: 11660
NIFTY WEELY PIVOTS
PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6047 5919 5791 5744 5663 5616 5355 5407 5279
NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART
GAINERS AND LOOSERS
WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR.
GAIL India 358.80 1051.42 345.50 13.30 3.85
Bajaj Auto 1897.75 503.20 1845.95 51.80 2.81
L & T 1675.40 1898.23 1631.35 44.05 2.70
Lupin 579.65 1460.29 566.35 13.30 2.35
Sesa Goa 175.80 1894.96 171.95 3.85 2.24
WEEKLY NIFTY LOOSERS
SCRIPS RATE VOL.
PR. CLOSE NET
BHEL 229.45 3426.38 242.45 -13.00 -5.36
533.00 6148.19 552.20 -19.20 -3.48
BPCL 336.05 222.18 348.00 -11.95 -3.43
ONGC 265.75 895.66 274.60 -8.85 -3.22 Bank Of
Baroda 743.15 359.03 763.45 -20.30 -2.66
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