1st Jan 2015 Equity Report

ECONOMY ANALYSIS
 

 Nifty ends tad below 8300, Sensex up 96 pts
 

 TRAI recommends 3G spectrum auction at 22% lower base price

MARKET ANALYSIS
 

 The Nifty surged 31 percent and the Sensex gained 30 percent in 2014. The CNX Mid-cap and the CNX Small-cap rallied 56 percent and 54 percent, respectively. Among the sectoral indices, rates sensitives such as banks and auto led the rally on rate cut hopes. The CNX Bank Nifty gained 64 percent, CNX Auto moved up 57 percent, CNX Pharma advanced 43 percent, CNX Infrastructure firmed rose 22.6 percent and CNX FMCG Index gained 18.2 percent in 2014.
 

 Axis Bank (up 94 percent), IndusInd Bank (up 91 percent), Maruti Suzuki (up 89 percent), BPCL (up 86 percent) and State Bank of IndiaBSE 0.66 % (up 76 percent) were the top gainers in 2014.

 JSPL (42.3 percent), Cairn India (25.7 percent), DLF (17.9 percent), Tata Power (6.9 percent) and Tata Steel (6.2 percent) led the losers pack.

31st Dec 2014 Equity Report

 

 ECONOMY ANALYSIS

 

 Sensex, Nifty end flat; oil stocks drag, SBI & BHEL up 1-2%

 Rupee unlikely to hit 70/$; see calibrated fall: Federal Bk
 Arm restructuring to reduce debt to below Rs 5000 cr: JSL
 Eyeing Rs 600-700 cr for entire stake in CARE: IDBI Bank

 

MARKET ANALYSIS

 The S&P BSE Sensex ended a choppy session on a flat-to-positive note as
investors kept positions light ahead of New Year holiday.
 

 The 30-share index ended at 27,403.54, up 7.81 points or 0.03 percent. It
touched a high of 27,478.30 and a low of 27,312.29 in trade today.
 

 The Nifty ended at 8,248.25, up 1.95 points or 0.02 percent. It touched a
high of 8,268.25 and a low of 8,220.55 in trade today.
 

 BHEL (up 1.51 percent), NTPC (up 1.25 percent), DRL (up 1.24 percent),
Axis Bank (up 0.99 percent) and SBI (up 0.78 percent) were among the
major Sensex gainers.
 

 Hero MotoCorp (2.09 percent), Tata Steel (1.94 percent), Reliance (1.83
percent), ONGC (1.46 percent) and Bajaj Auto (1.36 percent) were the
among the Sensex losers.
 

 The market breadth was positive on the BSE with 1452 gainers against 1414
losers.

Daily Analysis Report On Equity Market

ECONOMY ANALYSIS

Nifty ends below 8250, Sensex up 154 pts; banks in red, Bharti falls 1%

MARKET ANALYSIS

• The S&P BSE Sensex extended gains for second straight session and closed 153.95 points up led by metals, auto and health care sectors.

• The 30-share index closed at 27,395.73, up 153.95 points or 0.57 percent. It touched a high of 27,507.25 and a low of 27,266.49 in trade today.

• The Nifty ended 8,246.30, up 45.60 points or 0.56 percent. It touched a high of 8,279.15 and a low of 8,214.70 in trade today.

Equity Weekly Market Analysis Report

NEWS INSIGHT

• Nifty ends at 8201; TCS & HDFC gainers, Maruti falls 1%

• Festive sales a drab but hopes high for '15: Future Grp

• Titagarg grp's defence orders stand at Rs 130 cr: Cimmco

• Sumitomo Mitsui buys 2.77% in Reliance Cap for $58.4 mn

• FY16 Budget to be fiscally tight, FY17 fuel subsidy seen at Rs 40K cr

NIFTY ANALYSIS

• Positional Support for NIFTY 7990

• Positional Resistance of NIFTY is 8370

• Immediate resistance for NIFTY is 8270

• Intraday Support of NIFTY is 8150/8080

Daily Equity Report Of 29 DEC 2014

ECONOMY ANALYSIS

• Nifty ends at 8201; TCS & HDFC gainers, Maruti falls 1%

• Essar Oil gains 4%, co to buy 74% stake in Vadinar Power

• Va Tech up 5% on Philippines sewage treatment plant order

• SpiceJet up 10% ahead of revival plan submission to govt

• Idea, Vodafone to decide on VoIP service rates in January

 

MARKET ANALYSIS

• The S&P BSE Sensex bounced back in green after falling 117 points earlier in trade on Friday, led by gains in HDFC, TCS, InfosysBSE 0.84 %, L&T and HDFC BankBSE 0.23 %.

• Tracking the momentum, the 50-share Nifty index also managed to reclaim its crucial psychological level of 8200, supported by gains in banks, capital goods, pharma and IT stocks.

• The 30-share index finally closed at 27,241.78 up 33 points or 0.12 percent. It touched a high of 27,370.63 and a low of 27,091.38 in trade today.

• The Nifty ended at 8200.70 up 26.60 points or 0.33 percent. It touched a high of 8234.55 and a low of 8147.95 in trade today.

• TCSBSE 0.98 % (up 1.16 percent), HDFC (up 0.99 percent), L&T (up 0.89 percent), Sun PharmaBSE 0.81 % (up 0.83 percent) and HindalcoBSE 0.83 % (up 0.83 percent) were among the major Sensex gainers.

Weekly Report On Equity Tips

 

NEWS INSIGHT

• Nifty ends above 8,200; tech, metals gain

• Narendra Modi government pegs FY15 GDP growth at 5.5%

• IDBI Bank to sell 5% stake in National Stock Exchange

• IDBI to sell 5% stake in NSE

 

NIFTY ANALYSIS

 

• Positional Support for NIFTY 7960

• Positional Resistance of NIFTY is 8290

• Immediate resistance for NIFTY is 8270

• Intraday Support of NIFTY is 8170

Analysis Of 22/12/2014 On EQUITY TIPS

ECONOMY ANALYSIS

• Nifty ends above 8,200; tech, metals gain.

• RBI deputy governors defend new refinancing norms.

• Indian rupee opens higher at 63.05 a dollar.

• Coal ministry releases approach paper for e-auction.

MARKET ANALYSIS

• The Nifty extended gains for second straight session and closed above 8,200 led by gains in technology, metals and Oil & gas sectors.

• The 50-share index ended at 8,225.20, up 65.90 points or 0.81 percent. It touched a high of 8,263.45 and a low of 8,208.60 in trade today.

• The S&P BSE Sensex closed at 27,355.30, up 228.73 points or 0.84 percent. It touched a high of 27,497.12 and a low of 27,292.14 in trade today.

• Among the sectoral indices, the S&P IT Index surged 1.99 percent, the S&P BSE Metal Index was 1.78 percent higher and the S&P BSE Oil & gas Index gained 1.44 percent.

Market Analysis Equity Report

ECONOMY ANALYSIS

• Sensex gains over 416 pts, Nifty ends at 8159; BHEL up 5%.
• Transformers & Rectifiers up 16%, in pact with Japanese co.
• L&T up 2%, arm gets investments from Canada Pension Board.
• Rupee weakness modest, see yields at 7.60% in Q1: Deutsche.

MARKET ANALYSIS

• The S&P BSE Sensex snapped its five-day fall and rose as much as 470 points in trade on Thursday to reclaim its crucial psychological level of 27000, led by gains in ICICI BankBSE 3.82 %, InfosysBSE 1.33 %, ITCBSE 0.81 %, State Bank of IndiaBSE 1.66 % and Tata Motors LtdBSE 1.94 %.
• The 30-share index finally closed at 27126.57, up 416.44 points or 1.56 percent. It touched a high of 27,180.92 and a low of 26,900.57 in trade today.
• The Nifty ended at 8159.30, up 129.50 points or 1.61 percent. It touched a high of 8,174.30 and a low of 8,084. 90 in trade today.

18/12/2014 Market Analysis Report On Equity

ECONOMY ANALYSIS

1. Sensex ends 71 pts down, Nifty below 8050; ITC falls 3%.
2. M&M slips 2%, production halt likely for 7 days in a month.
3. NMDC up 4%; govt asks co to ramp up production to 100 mtpa.
4. Govt receives 4,896 queries on 'Make in India' portal.
5. ONGC to use RIL payments to clear Venezuela dues.
6. Coal imports rise 7% to three-month high in Nov.

MARKET ANALYSIS

• The S&P BSE Sensex which cracked 312 points in trade on Wednesday, managed to recoup losses as media reports suggested that the state-run Life Insurance Corporation of India started buying shares to stem market fall.
• Life Insurance Corporation of India started buying shares, Reuters said in a report quoting three dealers handling trades for institutional clients.
• The S&P BSE Sensex finally closed 71.31 points lower or 0.27 per cent at 26,710.13. It hit a low of 26,469.42 and a high of 26,871.91 in trade today.
• Tracking the momentum, the 50-share Nifty index also managed to reclaim its crucial psychological level of 8,000 supported by gains in banks, metal and oil & gas stocks.
• The Nifty index finally ended 37.80 points lower or 0.47 percent at 8029.80. It hit a low of 7,961.35 and a high of 8,082 in trade today.
• The partially convertible rupee was trading at 63.63 per dollar at 03:40 pm,after weakening to as much as 63.89, its lowest since November 13, 2013. It had closed at 63.53/54 on Tuesday.

Report On Equity Market Analysis

Daily Market Analysis 

 

ECONOMY ANALYSIS

• Bears rampage: Sensex crashes 538 pts, Nifty ends below 8100

• Hindalco down after court rejects case closure by CBI in coal scam

• Rouble hits new lows as Russian rate hike fails to support

• China HSBC PMI contracts in Dec, raising growth concerns

• Brent falls below $60/bbl for first time since 2009

MARKET ANALYSIS

• Bloods spills on Dalal Street as bears go on a rampage. After a heavy selling day, the Sensex ended with a loss of 538 points or 2 percent at 26781.44. The Nifty closed below 8100-level, down 152.00 points or 1.8 percent at 8067.60. About 566 shares have advanced, 2312 shares declined, and 86 shares are unchanged.

• Midcaps & smallcaps were slaughtered while banking stocks too were hammered down out of shape. Bank Nifty shed 3 percent while metals fell 4 percent. Only IT index was in the green with a gain of 2 percent. Sesa Sterlite, Dr Reddy's Labs, Hindalco, SBI and Tata Power were among the laggards. TCS, Infosys, Bharti Airtel were gainers in the Sensex.

Equity Report Market Analysis of 16th Dec 2014

ECONOMY ANALYSIS

• Nifty ends above 8200, Sensex flat; HDFC soars 5%, TCS slumps 3%.

• Mastek up 17%, arm to merge US software company.

• India to reap $12 bn-plus budget windfall from oil slide.

• Credit Suisse sees these FMCG cos gaining from low crude.

• Brent gives up gains, heads toward $62 in volatile trade.

MARKET ANALYSIS

• It was a consolidation day as the market closed the first day of the week on a flat note despite sharp fall in November WPI inflation and weak rupee. The Sensex lost more than 200 points and the Nifty broke 8200 level in opening trade following decline in Asian and US peers post further fall in crude oil prices, but indices managed to recoup all those losses immediately.

• The Sensex declined 31.12 points to close at 27319.56 and the Nifty slipped 4.50 points to 8219.60. The broader markets underperformed benchmarks with the BSE Midcap and Smallcap indices lost 0.5 percent and 0.6 percent, respectively.

• The rupee weakened to a fresh ten-month low of 62.88 a dollar (down 59 paise) on the back of large corporate dollar demand.

• About 1178 shares advanced while 1724 shares declined on the Bombay Stock Exchange.

EQUITY REPORT WEEKLY MARKET ANALYSIS

NEWS INSIGHT

• Profit booking continues, Sensex falls 251 pts; oil weighs

• Xiaomi to comply with Delhi HC order barring sales

• WB Transport minister Madan Mitra quizzed by CBI

• Rata Tata launches XPrize india contest

• Coal scam: Koda, 7 others charge-sheeted by CBI

• Max Sound files case against Google, YouTube

• IEA cuts 2015 demand growth forecasts, warns on social unrest

• FY15 sales guidance revised to 12-14% Vs 25%: TTK Prestige

NIFTY ANALYSIS

• Positional Support for NIFTY 8080

• Positional Resistance of NIFTY is 8346

• Immediate resistance for NIFTY is 8272

• Intraday Support of NIFTY is 8194

• Oscillator Analysis The oscillator is showing SELL signal

• A strong marubozu has formed and closing is below the Nifty has taken closing below 55 days moving average.

• Sell on rise is advised

EQUITY REPORT Of 12th Dec 2014

ECONOMY ANALYSIS

• Sensex ends 229 pts down; ONGC, GAIL, Reliance sink 3%.

• Bharti Infra up 12%, analysts bullish on data demand hopes.

• GAIL slips 3%; CLSA reiterates sell, warns downside likely.

• Loan portfolio of MFIs grows 47 pc to nearly 29K cr in Q2.

• RBI to come out with guidelines on refinance.

• Rs 11,488 cr utilised under NHRM till Oct: Govt.

MARKET ANALYSIS

• The S&P BSE Sensex resumed its downtrend after a day's breather to close below 27,600 following weakness in global markets.

• Top BSE losers of the day were ONGC, Tata Steel, RIL, GAILBSE -2.50 % and Airtel.

• Global equity markets came under selling pressure as crude oil price fell to near $60 per barrel after OPEC lowered its projection for 2015 by about 300,000 barrels a day to 28.9 million a day.

• The 30-share index ended at 27,602.01, down 229.09 points or 0.82 percent. It touched a high of 27,796.34 and a low of 27,539.47 in trade today.

• The Nifty closed at 8,292.90, down 62.75 points or 0.75 per cent. It touched a high of 8,348.30 and a low of 8,272.40 in trade today.

• ONGC (3.21 per cent), GAIL (2.89 per cent), Tata SteelBSE -2.85 % (2.85 percent), Bharti Airtel (2.77 per cent) and Reliance (2.76 percent) were among the major Sensex losers.

• Coal IndiaBSE 1.00 % (up 1 percent), HindalcoBSE 0.91 % (up 0.91 percent), Dr Reddy's Laboratories (up 0.86 per cent), Maruti (up 0.53 percent) and BHEL (up 0.47 percent) were among the gainers.

Equity Report Dec 10th 2014

ECONOMY ANALYSIS

• Sensex tanks 322 pts, Nifty ends at 8341; midcaps & metals bleed

• Cairn, ONGC slump; Macquarie cuts target on oil price fall

• SAT to hear DLF plea against Sebi order on Wednesday

• Co registrations decline by half in Apr-Aug 2014

• Duty hike on petrol, diesel to fetch Rs 10,500 cr

• Rs 11,488 cr utilised under NHRM till Oct: Govt

 

MARKET ANALYSIS

• The S&P BSE Sensex plunged as much as 356 points in trade on Tuesday, after a sudden sell-off in Chinese markets led to a correction in other Asian markets, including India.

• The Nifty slipped below its crucial psychological support level 8,350 and was trading at its November 20 lows. The S&P BSE Sensex also slipped below its crucial support level of 28000 in trade today, led by losses in ONGC, L&T, ITC and ICICI Bank.

• The S&P BSE Sensex finally closed at 27,797.01; down 322.39 points or 1.15 per cent. It hit a low of 27,763.82 and a high of 28,157.53 in trade today.

• The 50-share Nifty index ended at 8,340.70, down 97.55 points or 1.16 percent. It hit a low of 8330.50 and a high of 8444.50 in trade today.

• The S&P BSE Midcap Index closed 1.57 per cent lower and the S&P BSE Smallcap Index declined 1.59 percent.

• Sesa Sterlite (5.1 per cent), Bharti Airtel (4.2 per cent), Tata Power (4.1 percent), ONGC (4.4 per cent) and NTPC (3.5 per cent) were among the major Nifty losers.

EQUITY DAILY REPORT

ECONOMY ANALYSIS

• Sensex tanks 339 pts, Nifty ends below 8500; ITC plunges 5%.
• Oil Min to cut subsidy burden of ONGC, adjust cess payment.
•  Infosys falls 3.4% after founders sell stake worth $1.1 bn.
• Thangamayil Jewellery hits 52-week high, SBI MF ups stake.
• SpiceJet sinks 14.7% intraday; investors fret over survival.
• BofA cuts Sesa Sterlite earnings estimate, price target.

 

MARKET ANALYSIS

• The S&P BSE Sensex plunged as much as 351 points in trade on Monday, led by sharp losses seen in Infosys, TCS, HDFC Bank, ICICI Bank and L&T.
• The Indian markets underperformed other Asian peers as profit booking extended for the second straight session in a row. The 50-share Nifty index slipped below its crucial psychological level of 8500 and also broke below its 20-DMA placed at 8452 levels.
• The BSE Sensex finally closed 338.70 points lower at 28,119.40. It hit a low of 28,097.12 and a high of 28494.85 in trade today. The 50-share Nifty index closed below its crucial psychological support level of 8500 at 8,438.25.
•  Another factor highlighted by experts is the fact that December is generally seen as a slow month given the fact that most of the key events are already over. There is not much on domestic or global front which will aide trading activity.

WEEKLY REPORT ON EQUITY

NEWS INSIGHT

• Aurobindo Pharma completes $132.5-million Natrol acquisition.
• MaXposure Media Group founders buy back stake from Gruner+Jahr for Rs 40crore.
• Mankind Pharma to expand business, looks for new markets.
• Mahindra eyes West European markets for electric vehicles.
• ICICI Bank to sell its Russian subsidiary.
• SpiceJet nosedives over 14% as financial troubles grow; Jhunjhunwala keeps faith, FIIs exit.
• NASA launches new Orion spacecraft and new era.

NIFTY ANALYSIS

• Positional Support for Nifty 8460.
• Positional Resistance of Nifty 8630.
• Immediate resistance for NIFTY is 8550.
• Intraday Support of NIFTY is 8500.
• Oscillator Analysis The oscillator is showing SELL signal.
• Short Term Oscillator Analysis- The signal is SELL.
• Market has made a Spinning top and is returning from high of 8630 which is the positional resistance. Sell of rise is advsed.

DEC 8TH 2014 EQUITY REPORT

ECONOMY ANALYSIS:

• Sensex ends 105 pts down; SAIL slips 2%, ITC gains 2%.
• SAIL slips as OFS kicks off, Macquarie maintains underperform.
• JSPL may raise $1 bn via bond issue.
• Ashiana Housing at life high, enters Chennai realty market.
• Selan Exploration up, RBI allows NRI/PIO to buy shares.
• BSE changes circuit filter for Gati, Gammon, Radico, others.

MARKET ANALYSIS:

• The benchmark Sensex today closed nearly 105 points down at 28,458.10 buckling under fag-end profit booking in IT, oil & gas and healthcare shares, logging its first weekly loss in seven weeks.
• After opening in the positive zone at 28,604.50, the BSE Sensex surged to the day's high of 28,651.75 on continued overseas inflows and buying by retail investors.
• Soon after, however, it met with resistance at higher levels and fell back to settle at 28,458.10, a fall of 104.72 points or 0.37 per cent. Intra-day, it had touched a low of 28,409.05.
• On a weekly basis, the Sensex fell by about 236 points. This is its first weekly drop in seven weeks.
• On similar lines, the 50-share Nifty index ended 26.10 points, or 0.30 percent, lower at 8,538.30. Fall in shares of Wipro, Tech Mahindra, Dr Reddys, BPCL, TCS, Sun Pharma, Infosys and CiplaBSE -1.75 % stocks weighed on the NSE barometer.
• It moved between 8,523.90 and 8,588.35 during the session on alternate bouts of buying and selling.

EQUITY DAILY REPORT OF 5TH DEC 2014

ECONOMY ANALYSIS

• Sensex ends 120 pts up, Nifty below 8600; ITC gains 6%.

• NBCC gains 5%, signs MoU with Air India for developing land.

• Sadbhav Engineering hits new high as arm files DRHP for IPO.

• ICICI Bank rises 2% post split of shares from Rs 10 to Rs 2.

• ABB up 20%; global CEO says no plan to delist Indian arm.

• Coal India falls 2%, workers' union mulls going on strike.

MARKET ANALYSIS

• The S&P BSE Sensex ended a rangebound session over 100 points up led by gains in FMCG, capital goods and banks. The index had opened near all-time high level but pared some of the gains as the session progressed.

• The 30-share index ended at 28,562.82, up 120.11 points or 0.42 per cent. It touched a high of 28,808.78 and a low of 28,448.95 in trade today.

• The Nifty closed at 8,564.40, up 26.75 points or 0.31 per cent. It hit an all-time high of 8,626.95 and an intraday low of 8,526.40 in trade today.

• ITC (up 5.44 per cent), Sesa Sterlite (up 2.80 per cent), CiplaBSE 2.61 % (up 2.61 per cent), ICICI BankBSE 0.90 % (up 0.90 per cent) and HULBSE 0.87 % (up 0.87 per cent) were among the major Sensex gainers.

• Bharti AirtelBSE -2.08 % (2.08 per cent), Hindalco (1.84 per cent), BHELBSE -1.56 % (1.56 per cent), M&M (1.51 per cent) and Tata PowerBSE -1.44 % (1.44 per cent) were among the major Sensex losers.

• The market breadth was negative on the BSE with 1501 gainers against 1454 losers.

4TH DECEMBER 2014 EQUITY REPORT

ECONOMY ANALYSIS:

•  Sensex ends flat; CNX Midcap Index at record closing high.
•  Pratibha tanks 5.1% after CRISIL downgrades credit rating.
•  Nov services activity grows at fastest pace in 5 months.
•  Sebi's new ODI rules may not be a dampener for fund flows.
•  China HSBC services PMI edges up to 53 in November.
•  Rel Cap, Bajaj Finserv, Max soar 4-8% on FDI insurance hope.

MARKET ANALYSIS:

• Even though the S&P BSE Sensex moved in a narrow range throughoutthe trading session on Wednesday, but over 200 stocks managed to hit their fresh 52-week highs on the exchange.
• The S&P BSE Sensex closed 1.3 points lower at 28442.71. It hit a low of 28370.73 and a high of 28504.65 in trade today.
• The action was seen more in realty, power, banking and banking sector as 217 stocks rose to their fresh 52-week high on the BSE with small and midcap stocks stealing the limelight.
• The stocks which rose to fresh 52-week highs include names like Axis BankBSE 1.35 %, Yes Bank, ICICI BankBSE 1.27 %, HUL, United Spirits etc.
• The BSE Mid-cap index closed 1.39 per cent higher at 10,499.86 with as    much ass 27 stocks hitting fresh 52-week highs, which include names like
• MRF, EIH, Bajaj Corp, Godrej Properties, ING Vysya Bank, Pfizer, Raymond, Tata ChemicalsBSE 1.90 % etc.

Equity Report Of 3rd December 2014

TODAY'S MARKET ANALYSIS

ECONOMY ANALYSIS: 

• Nifty seen opening flat; have strong support at 8500.  

• China HSBC services PMI edges up to 53 in November.  

• DoT plans to auction 3G spectrum in February: TRAI  

• CLSA ups Info Edge price target; retains outperform rating. 

• Gold prices up by Rs 840 in biggest single-day gain this year. 

• DLF under pressure; BoAML maintains underperform rating.

   

MARKET ANALYSIS:

• The 50-share Nifty index is expected to open flat on Wednesday following muted trend seen in other Asian markets. The index has strong support at 8500 and below that 8420 level on the Nifty is a trend reversal level.

• At 07:30 a.m., Nifty India stock futures in Singapore were trading 0.50 point lower at 8,568 indicating a flat opening on the domestic market.

• Nifty ended the day with a loss of 32 points as profit taking dragged it down and it concluded at 8555. The Sensex shed 122 points in value and closed at 28571 on Tuesday.

• Nifty now has immediate support placed at 8500 and the index would remain firm as long as 8500 is respected

• The S&P 500 posted 89 new 52-week highs and 5 new lows; the Nasdaq Composite set 102 new highs and 95 new lows, Reuters reported.

• The Dow Jones industrial average rose 102.75 points, or 0.58 per cent, to 17,879.55, a record high. The S&P 500 gained 13.11 points, or 0.64 per cent, to 2,066.55 and the Nasdaq Composite added 28.46 points, or 0.6 percent, to 4,755.81.