28/02/2015 DAILY MARKET ANALYSIS ON EQUITY

ECONOMY ANALYSIS

 Bulls super charged for Budget: Banks lift Sensex 473 pts

 Rolta & BEL up 12-19% on BMS project from defence ministry

 ONGC most profitable CPSE, BSNL biggest loss-making

 Sebi, exchanges tighten vigil for Budget day trading

 Union Budget 2015: ITC slips 3%, fear of excise duty hike spook investors

MARKET ANALYSIS

• It was a super run up to the Budget as bulls seem excited ahead of FM arun Jaitley's speech tomorrow. The Sensex was up 473.47 points or 1.6 percent at 29220.12,and the Nifty ended 160.75 points or 1.8 percent at 8844.60. About 1817 shares have advanced, 1065 shares declined, and 204 shares are unchanged. PSU banks lead the upmove while HDFC Bank twins, ICICI Bank and Axis Bank were top gainers in the Sensex. Among the losers were ITC, GAIL, Wipro and HUL.

• The Sensex settled the day at 29,220.12, up 473.47 points. The broader 50- share Nifty closed at 8,844.60, up 160.75 points.

• Realty and PSU banks led the market upmove today with the BSE Realty Index rising over 4 percent. All sectoral indices except FMCG are trading in green. ICICI Bank and L&T are top contributors to Nifty's gain.

FREE EQUITY TRADING TIPS OF 27/02/2015

DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

 Rail Budget dampner, Nifty ends at 8684 on expiry day

 Cement stocks fall 1-4% as govt hikes freight rates

 Texmaco, Kalindee fall 4-7% as Prabhu lists out proposals

 Commerce Ministry seeks cut in gold import duty

 Gold steadies as US rate hike timing expectations ease

 USD 620 bn defence budget between FY14 & FY22 projected

MARKET ANALYSIS

 The Nifty ended below psychological 8,700-mark on the last day of February series expiry as traders booked profits ahead of the annual Budget.

 Shares of railways related companies closed on a weak note as the Rail Budget presented by Minister Suresh Prabhu failed to boost sentiments.

 The 50-share index ended at 8,683.85, down 83.40 points or 0.95 per cent. It

touched a high of 8,786.05 and a low of 8,669.85 in trade today.

 The S&P BSE Sensex was at 28,746.65, down 261.34 points or 0.90 percent. It touched a high of 29,069.13 and a low of 28,693.82 in trade today.

 The market breadth was negative on the NSE with 309 gainers against 763

losers.

FREE EQUITY TRADING TIPS OF 26/02/2015

ECONOMY ANALYSIS

• Sensex, Nifty end flat, HDFC gains 3%

• ABG Shipyard up 19%, M&M in race to buy strategic stake

• Oil back below $50 as OPEC hopes fade

• Bharat Forge at new high; Citi upgrades to buy, ups target

• Interest rate hike on a 'meeting by meeting' basis: Yellen

• Union Budget 2015: ADMISI expects Rs 4000/MT sugar export

MARKET ANALYSIS

• The Nifty ended a choppy session on a flat-to-positive note ahead of February series expiry and Railways Budget. Healthcare, banks and metals led the decline while oil & gas, tech and FMCG sectors showed some resistance.

• Shares of companies related to railway sector fell for second straight session ahead of the budget.

• The Nifty closed at 8,767.25, up 5.15 points or 0.06 per cent. It touched a high of 8,840.65 and a low of 8,751.40 in trade today.

• The S&P BSE Sensex closed at 29,007.99 up 3.33 points or 0.01 percent. It touched a high of 29,269.83 and a low of 28,967.61 in trade today.

25/02/2015 EQUITY DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

• Sensex, Nifty end flat; HUL & BHEL up 2-3%, ONGC falls

• Maruti Suzuki up 1%; CLSA maintains buy, target of Rs 4400

• Telcos in focus as call rates to fall on TRAI norms

• Gold hovers near 7-week low ahead of Yellen's speech

• 'FII holding in Sensex hits new high in Q3 at 23% of m-cap'

• Oil up in Asia but US crude stays below USD 50 

MARKET ANALYSIS

• The S&P BSE Sensex snapped its two-day decline and ended a choppy session on flat note. Losses in metals, oil & gas and auto were offset by gains in capital goods, FMCG and technology sectors.

• According to Finance Ministry sources the Union Budget is likely to peg FY16 GDP around 7.8-8 percent. Eco Survey is likely to peg FY15 CAD at 1.3-1.4 percent due to fall in oil prices.

• The 30-share index closed at 29,004.66, up 29.55 points or 0.10 percent. It touched a high of 29,130.67 and a low of 28,875.94 in trade today.

• The Nifty closed at 8,762.10, up 7.15 points or 0.08 percent. It touched a high of 8,800.50 and a low of 8,726.75 in trade today.

FREE EQUITY TRADING TIPS OF 24/02/2015

ECONOMY ANALYSIS

 Sensex falls 256 pts, Nifty ends below 8800; RIL loses 3%

 ITC may de-rate if Budget hikes cigarette excise over 15%

 Apollo Hospitals up 3.5%, signs MoU with European country

 Min subscription for NCDs by NBFCs fixed at Rs 20,000

 Parekh pitches for divestment in Air India, LIC, BSNL

 Lupin says FDA raises concerns over Pithampur plant

MARKET ANALYSIS

• The S&P BSE Sensex extended its fall for second straight session led by losses in oil & gas, metals and banks. According to analysts, the market is likely to remain volatile ahead of February series expiry and Union Budget this week.

• The 30-share index ended at 28,975.11, down 256.30 points or 0.88 per cent. It touched a high of 29,362.96 and a low of 28,913.16 in trade today.

• The Nifty closed at 8,739.30, down 94.30 points or 1.07 percent. It touched a high of 8,869 and a low of 8,736.10 in trade today.

• Reliance (2.78 percent), GAIL (2.69 percent), SBI (2.43 percent), Tata Steel (2.40 percent) and Axis Bank (2.21 percent) were among the index Sensex losers.

• M&M (up 1.19 percent), Sesa Sterlite (up 0.94 percent), TCSBSE 0.76 % (up 0.72 percent), L&T (up 0.49 percent) and NTPC (up 0.31 percent) were among the top gainers.

• The market breadth was negative on the BSE with 1201 gainers against 1693 losers.

WEEKLY(23/02/2015) FREE EQUITY TRADING TIPS

WEEKLY MARKET ANALYSIS

NIFTY ANALYSIS

• Positional Support for NIFTY 8728

• Positional Resistance of NIFTY is 8890

• Immediate resistance for NIFTY is 8845

• Intraday Support of NIFTY is 8800

• Oscillator Analysis Nifty is making a wedge on daily chart. Trading below 8800 with volume will lead to rally till 8720. Future and Option expiry and upcoming union budget will also play a significant role in deciding the market movement for coming week.

NEWS INSIGHT

Sensex snaps 7-day winning streak; RIL, ICICI Bank drop

Airbus in talks with M&M, RIL, Tata on helicopter JV

IT industry seeks clarity on Rs 10,000-cr startup fund

SpiceJet up 20% as CCI clears deal with Ajay Singh

Crude oil falls below $60 as oversupply weighs

India's gold imports may rise to 35-40 tonnes in Feb

Infy, TCS and Wipro eye robotics, driverless cars

MF cos file papers with Sebi for 25 new offerings

Manjhi quits as Bihar CM ahead of trust vote, Nitish gains

EQUITY DAILY MARKET ANALYSIS OF 23/02/2015

ECONOMY ANALYSIS

 Sensex tanks 231 pts, Nifty ends in red; BHEL, ITC gainers

 SpiceJet surges 18% on CCI nod to Ajay Singh's takeover

 Prestige pre-launches 2 Hyd projects, sees Rs 2700cr sales

 Sugar stocks rally as CCEA approves export subsidy

 BoAML sees 38% upside in Aurobindo, US growth key

 Crompton Greaves alters consumer products demerger scheme 

MARKET ANALYSIS

• The S&P BSE Sensex snapped a 7-day winning streak on Friday. The index tanked over 200 points following weakness in European markets ahead of a crucial meeting of euro zone finance ministers in Brussels.

• The market is likely to remain volatile next week ahead of F&O expiry and Union Budget.

• The 30-share index ended at 29,231.41, down 230.86 points or 0.78 per cent. It touched a high of 29,462.09 and a low of 29,178.26 in trade today.

• The Nifty closed at 8,828.20, down 67.10 points or 0.75 percent. It touched a high of 8,899.95 and a low of 8,816.30 in trade today.

• Reliance IndustriesBSE -3.12 % (3.15 percent), ICICI BankBSE -2.20 % (2.35 percent), Tata PowerBSE -2.66 % (2.15 percent), InfosysBSE -1.82 % (1.91 percent) and Bharti AirtelBSE -1.98 % (1.78 percent) were among the index losers.

• BHELBSE 5.18 % (up 5.20 percent), ITC (up 2.03 percent), Hindalco (up 1.12 percent), M&M (up 0.45 percent) and Dr Reddy's Laboratories (up 0.34 percent) were among the top Sensex gainers.

• The market breadth was positive on the BSE with 1492 gainers against 1428 losers.

20/02/2015 DAILY MARKET ANALYSIS ON EQUITY

ECONOMY ANALYSIS

• Nifty ends tad below 8900, Sensex up 142 pts; metals shine

• FII inflows continue for 9th consecutive quarter: BoAML

• ECB raises emergency funding cap to Greek banks to 68.3 billion euros: Source

• Expect govt to carve Rs 60-70k cr for infra push: Ajay Bodke

• 8 things Budget can do to lift demand for housing: SBI econ

MARKET ANALYSIS

• The S&P BSE Sensex extended its winning streak for the seventh straight trading session on Thursday. The 30-pack index bounced back in the last hour of trade to settle higher. Losses in banks, FMCG and healthcare stocks were offset by gains in the stocks of metals, capital goods and IT sectors.

• The 50-share index ended at 8,896.80, up 27.70 points or 0.31 per cent. It touched a high of 8,913.45 and a low of 8,794.45 in trade today.

• The S&P BSE Sensex closed at 29,462.27, up 142.01 points or 0.48 percent. It touched a high of 29,522.86 and a low of 29,108.15 in trade today.

• Jindal SteelBSE 25.59 % (up 28.61 percent), Sesa Sterlite (up 7.12 per cent), L&T (up 2.77 percent), Hindalco (up 2.67 percent) and M&M (up 2.43 percent) were among the top Nifty gainers.

• Grasim (2.52 percent), Bank of BarodaBSE -2.51 % (2.29 percent), Tech MahindraBSE -2.13 % (2.15 percent), Ambuja Cement (2.07 percent) and ACC (2.07 percent) were among the index losers.

• The market breadth was negative on the NSE with 479 gainers against 534 losers.

EQUITY TRADING TIPS OF 19/02/2015

ECONOMY ANALYSIS

 Nifty ends above 8850, Sensex up 184 pts; Hero Moto falls 5%

 Tata Motors up 2% despite weak JLR Jan sales; MS overweight

 BMW i8 hybrid electric super car launched in India at Rs 2.29 crore

 Indian stocks not compelling; crude can jump 15-20%: Faber

 A 25% rise in defence output to create 1 lakh jobs: PM Modi

MARKET ANALYSIS

• The Nifty extended its winning streak for sixth straight session in a pull- back rally ahead of the Union Budget. Capital goods, IT and power led today's gains while oil & gas, metals and realty sectors showed resistance.

• The 30-share Sensex ended at 29,298.19, up 162.31 points or 0.56 percent. It touched a high of 29,411.32 and a low of 29,126.91 in trade today.

• The 50-share index ended at 8,866.30, up 56.95 points or 0.65 percent. It touched a high of 8,894.30 and a low of 8,808.90 in trade today.

• HDFC (up 2.74 percent), ACC (up 2.72 percent), HCL Tech (up 2.68 percent), Tata PowerBSE 2.50 % (up 2.38 percent) and TCS (up 2.14 percent) were among the top Nifty gainers.

• Hero MotoCorpBSE -5.09 % (4.90 percent), DLF (3.99 percent), Sesa Sterlite (3.38 percent), ONGC (2.36 percent) and Bharti AirtelBSE -2.43 % (2.31 percent) were among the index losers.

• The market breadth was positive on the NSE with 893 gainers against 598 losers.

EQUITY TRADING TIPS OF 18/02/2015

ECONOMY ANALYSIS

• Sensex, Nifty end flat; bank, oil & pharma stocks drag
• Jan WPI at -0.39, Nov data revised to -0.17%
• Sun Pharma slips 3% on Q3 miss but Credit Suisse bets on it
• Dishman Pharma sees Rs 100 cr debt reduction in FY16
• Greece, confident as EU meeting looms, sticks to no-austerity pledge

MARKET ANALYSIS

• The Nifty pared intraday gains and closed on a flat note led as banks came under selling pressure after a sharp upmove in the past few sessions. According to analysts, if profit booking intensifies in banks in coming sessions then the Nifty may slip to 8,750 levels.

• The 50-share index ended at 8,809.35, up 3.85 points or 0.01 percent. It touched a high of 8,870.10 and a low of 8,793.40 in trade today.

• The S&P BSE Sensex closed at 29,135.88, up 40.95 points or 0.13 percent. It touched a high of 29,325.35 and a low of 29,083.40 in trade today.

• ITC (up 3.11 percent), NMDC (up 2.42 percent), Bharti Airtel (up 1.97 percent), TCS (up 1.69 percent) and HDFC (up 1.58 percent) were among the top Nifty gainers.

• Sun Pharma (2.83 percent), Axis Bank (1.82 percent), Kotak Bank (1.70 percent), ICICI Bank (1.74 percent) and IndusInd Bank (1.79 percent) were among the index losers.

• The market breadth was negative on the NSE with 661 gainers against 831 losers.

16/02/2015-WEEKLY-MARKET-ANALYSIS-TIPS-ON-EQUITY

NIFTY ANALYSIS

 Positional Support for NIFTY 8590

 Positional Resistance of NIFTY is 8990

 Immediate resistance for NIFTY is 8840

 Intraday Support of NIFTY is 8730

Oscillator Analysis Nifty has formed two very strong candles on daily chart. Immediate resistance is at 8840. Closing above that on daily basis will result in a rally till 8950. Recent downward rally can be considered as an opportunity for investors’ to enter in the market.

NEWS INSIGHT

 Wall St ahead: At new high, US stocks may extend breakout

 Sun Pharma founder to invest $290 m in turbine maker Suzlon

 SBI Q3 profit rises 30%, provisions up 26%, asset quality improves

 Ramlila Maidan set to host Kejriwal's second swearing-in

 Eicher Motors net profit up 60% at Rs 154 cr for Oct-Dec qtr

 January trade deficit narrows; imports down 11.4%

 M&M Q3 net up 5.7% to Rs 967 cr, operating profit down 25%

 Foreign direct investment by Indian cos falls 72% in Jan

16/02/2015 EQUITY REPORT

DAILY MARKET ANALYSIS 

ECONOMY ANALYSIS

 Sensex closes above 29000, up 290 pts post SBI, M&M Q3 nos

 SBI Q3 profit rises 30%, provisions up 26%, asset quality improves

 BPCL reports Q3 profit Rs 551 cr, inventory loss Rs 1600 cr

 M&M Q3 net up 5.7% to Rs 967 cr, operating profit down 25%

 After Jan CPI, March rate cut won't be surprising

MARKET ANALYSIS

 The S&P BSE Sensex extended its pull-back rally for third consecutive session on hopes of a reformist budget this month. Some stability in global markets is also providing support to the indices. According to analysts, the market may go on to touch all-time by month end.

 The 30-share index ended at 29,094.93, up 289.83 points or 1.01 percent. It touched a high of 29,154.67 and a low of 28835.70 in trade today.

 The Nifty closed at 8,805.50, up 1.08 percent. It touched a high of 8,822.10 and a low of 8,729.65 in trade today.

 SBI (up 7.96 percent), M&M (up 4.94 percent), TCS (up 3.18 percent), Coal India (up 2.37 percent) and WiproBSE 2.15 % (up 2.10 percent) were among the top Sensex gainers.

 GAIL (4.08 percent), BHELBSE -3.12 % (3.12 percent), ONGC (1.96 per cent), HDFC Bank BSE -1.09 % (1.19 percent) and Infosys BSE -0.82 % (0.88 percent) were among the index losers.

 The market breadth was flat on the BSE with 1,453 gainers against 1,420 losers.

TRADING-TIPS-ON-EQUITY-13/02/2015

Daily Market Analysis Describe As

• Economy Analysis And
• Market Analysis

ECONOMY ANALYSIS
 Nifty ends above 8700, Sensex up 271 pts; BHEL gains 5%
 Hindalco Q3 profit up 7.5% to Rs 359 cr, misses forecast
 ONGC to pay Rs 8.7K cr subsidy as FinMin gives only Rs 5,085cr
 Bank of India Q3 profit tanks 70.4%, provisions increase
 India Cements up 17%, transfers Chennai Super Kings to arm
 Nikkei closes at highest level in 7.5 years

MARKET ANALYSIS 

Domestic shares rallied around 1 per cent, in a sharp turnaround from earlier mild losses after the leaders of Germany, France, Russia and Ukraine reached a deal to end fighting in eastern Ukraine, sparking gains in global markets.

The developments helped overcome earlier falls by bank shares over concerns that the country's largest lender, State Bank of IndiaBSE -0.56 % may post lower-than-expected December-quarter earnings on Friday.

The NSE's Nifty index rose 0.98 per cent to 8,711.55, marking its third consecutive daily gain, after earlier falling as much as 0.33 percent.

The BSE Sensex rose 271 points, or 0.95 percent, to 28,805.10.

Gains were led by drugmakers such as Dr Reddy's Laboratories Ltd and Cipla LtdBSE 4.07 %, which have a significant exposure to the Russian market.

Dr. Reddy's gained 5.7 per cent, while Cipla ended 3.8 percent higher.

Lenders even reversed earlier falls, with ICICI BankBSE 1.39 % ending up 1.3 percent after earlier falling as much as 1.4 per cent. But State Bank of India fell 0.6 percent.

12/02/2015 -EQUITY-DAILY-MARKET-ANALYSIS

MARKET ANALYSIS

The domestic markets extended gains for second straight session as value- buying picked in beaten down stocks after the recent correction. All the sectoral indices closed in the green with capital goods, metals and pharma stocks leading the rally.

The 50-share index ended at 8,627.40, up 61.85 points or 0.72 percent. It touched a high of 8,651.95 and a low of 8,593.65 in trade today.

The S&P BSE Sensex closed at 28,533.97, up 178.35 points or 0.63 per cent. It touched a high of 28,618.91 and a low of 28,424.39 in trade today.

Jindal Steel BSE 5.96 % & Power (up 6.48 percent), Tech Mahindra BSE 3.06 % (up 3 percent), Axis Bank BSE 2.99 % (up 2.78 percent), Asian Paint (up 2.53 percent) and NTPCBSE 2.44 % (up 2.52 percent) were among the top Nifty gainers.

ONGC (2.72 percent), BHEL (2.29 percent), Zee Entertainment (1.41 per cent), Cairn India (1.10 percent) and M&M (0.72 percent) were among the index losers.

The market breadth was positive on the NSE with 774 gainers against 321 loser 

ECONOMY ANALYSIS

 Sensex strong, Midcap & Smallcap outperform; JSPL up 8%

 JP Associates falls 3% as loss widens in Q3; analysts wary 6

 Bank of India Q3 profit seen up 40% to Rs 818.6 cr: Poll

 Deepak Fertilizers Q3 PAT slips 98% to Rs 1.2 cr

 Godrej Industries Q3 profit rises 39% to Rs 90.7 cr

 Essar Oil Q3 profit falls 78% to Rs 52 cr on inventory loss

DAILY-EQUITY-MARKET-ANALYSIS(11/02/2015)

MARKET ANALYSIS 

The Nifty witnessed a roller-coaster ride on the Delhi election verdict day and finally closed on positive terrain for the first time after seven days of decline. All major sectoral indices, barring IT and pharmaceuticals, ended in positive terrain, with banks, metals and auto leading the decline.

The next major event for the market is the Union Budget on February 28.

The 50-share index ended at 8,565.55, up 39.20 points or 0.46 percent. It touched a high of 8,646.25 and a low of 8,470.50 in trade today.

The S&P BSE Sensex ended at 28,350.56, up 123.17 points or 0.44 percent. It touched a high of 28,633.72 and a low of 28,044.49 in trade today.

Tata Motors (up 3.88 percent), ACC (up 3.85 percent), ICICI Bank (up 3.70 percent), SBI (up 3.67 percent) and Tata Steel (up 3.18 percent) were among the Nifty gainers.

TCS (2.68 percent), HCL Tech (2.64 percent), HDFC (2.40 percent), Sun Pharma (1.96 percent) and Tech Mahindra (1.96 percent) were among the index losers. The market breadth was negative on the NSE with 549 gainers against 551 losers.

ECONOMY ANALYSIS
 Nifty ends at 8565, Sensex strong; Tata Motors, ICICI up 4%
 Delhi Polls: Bedi apologises for losing, Kejriwal to take oath on Feb 14
 NASSCOM pegs FY15 IT sector growth at 13%
 Hindalco up 5% as subsidiary Novelis Q3 profit grows 250%
 ABB Q4 net rises 42% on strong execution, operating profit

FREE EQUITY TRADING TIPS OF 10/02/2015

DAILY MARKET ANALYSIS

Exit poll results pointing to an AAP win in Delhi and muted earnings knocked the S&P BSE Sensex down by as much as 490 points in trade on Monday. HDFC, ICICI Bank, L&T, ITC and ITC led the losses.

 

Tracking the momentum, the 50-share Nifty index also slipped below its crucial psychological level of 8550, weighed down by losses in capital goods, auto, power, realty and banking stocks.

 

The 30-share index finally closed at 28,227.39, down 490.52 points or 1.71 percent. It touched a high of 28566.50 and a low of 28183.32 in trade today.

 

The Nifty ended at 8,526.35 down 134.70 points or 1.56 percent. It touched a high of 8605.55 and a low of 8516.35 in trade today.

 

Dr Reddy's Laboratories (up 1.8 percent), Bajaj Auto (up 1.76 percent), ONGC (up 1.5 percent), and Sun Pharma (up 1.3 percent) were among the major Sensex gainers.

ECONOMY ANALYSIS

 Sensex tanks 490 pts; Delhi exit polls, L&T Q3 nos weigh
 Mowat fancies EMs due to falling rates, commodity prices
 Wockhardt rises 5% on Citi upgrade post firm Q3 results
 L&T Q3 profit slips 14.6%, cuts order flow guidance; stock tanks8%
 India Ratings pegs fertiliser subsidy for FY16 at Rs 71,000 cr

09/02/2015 WEEKLY MARKET ANALYSIS ON EQUITY

NEWS INSIGHT

• Sensex falls 133 pts, Delhi polls eyed; Tata Motors tanks.
• Forex reserves rise to $327.88 bn as of Jan 30: RBI
• Tata Motors stock down 5%; m-cap dips Rs10,540cr
• SpiceJet reports 'good' beginning in its SME scheme

NIFTY ANALYSIS

• Positional Support for NIFTY 8600
• Positional Resistance of NIFTY is 8800
• Immediate resistance for NIFTY is 8720
• Intraday Support of NIFTY is 8640
• Nifty Updates: Nifty has closed on a negative note however closing is above the 21 days moving average indicating a reversal in trend. Political scenario and Delhi election will also affect the market in long run.

06/02/2015 EQUITY DAILY MARKET ANALYSIS

ECONOMY ANALYSIS
 

Nifty ends at 8711, Sensex in red; IT gains, IOB tanks 10%

IOB posts Q3 loss at Rs 516 cr; provisions spike, NII dips

Jubilant Food Q3 net rises 4.2%, same-store-sales surprises

Godrej Consumer beats forecast, Q3 net up 35% to Rs 263 cr

Fix subsidy formula at $65/bbl for project completion: ONGC
 

MARKET ANALYSIS 

The Nifty extended losses for fifth straight session and closed at two-week low as Greece concerns hit global markets. The European markets fell after the European Central Bank stopped accepting Greece bonds.

The 50-share index ended at 8,711.70, down 12 points or 0.14 percent. It plunged after hitting an intraday high of 8,838.45. The index touched intraday low of 8,705.05 today.

The S&P BSE Sensex closed at 28,850.97, down 32.14 points or 0.11 percent. It swung 524.54 points from intraday high of 29,277.83 to slip to intraday low of 28,753.29 today.

Tata Power (7.98 percent), Sesa Sterlite (4.20 percent), BHEL (3.44 percent), ONGC (3.30 percent) and M&M (2.71 percent) were among the index losers.

Wipro (up 3.34 percent), Infosys (up 2.10 percent), TCS (up 1.83 percent), Axis Bank (up 1.69 percent) and HDFC (up 1.11 percent) were among the Sensex gainers.

The market breadth was negative on the BSE with 1,017 gainers against
1,886 losers.

05/02/2015 EQUITY DAILY MARKET ANALYSIS

ECONOMY ANALYSIS
 

Nifty ends below 8750, Sensex loses 117 pts; BHEL, SBI, TCS laggards

Bharti Airtel Q3 profit seen down 8.5% to Rs 1266 cr: Poll

Canara Bank Q3 profit jumps 60% on higher other income

Force Motors surges 18%, to partner BMW for auto parts

Wockhardt Q3 profit rises 14% to Rs 347 cr, EBITDA up 92%

MARKET ANALYSIS 

Indian shares continued their retreat from record highs hit last week for a fourth session on Wednesday to mark their lowest close in two weeks as banks declined on concerns the central bank's move to boost lenders' liquidity may weigh on margins.

The Reserve Bank of India kept its policy repo rate unchanged at 7.75 percent on Tuesday, while boosting banks' liquidity in a bid to persuade them to lower lending rates after they failed to pass on the benefits of the last official rate cut three weeks ago.

Rising bad loans at ICICI Bank, Punjab National BankBSE 0.23 % and Bank of BarodaBSE -0.11 % also led to paring of positions in the sector. The NSE bank index fell 1.1 percent.

The benchmark BSE index fell 0.4 percent, while the broader NSE index ended 0.38 percent lower, marking their lowest close since Jan. 20.

04/02/2015 EQUITY DAILY MARKET ANALYSIS

ECONOMY ANALYSIS  

Sensex, Nifty weak; Sesa surges 6%, RIL & ONGC support

Credit Policy: RBI leaves rates as is, cuts SLR by 50 bps

Shree Cement Q2 profit slips 19% to Rs 94cr, meets forecast

PNB Q3 disappoints, profit up 2.5%; asset quality worsens

Hero Motocorp Q3 profit seen up 31% to Rs 689 cr: Poll

Govt to raise Rs 5000 cr through ETF sale before March-end

MARKET ANALYSIS 

The Nifty extended its losses for third straight session and closed near 8,750 as banks plunged after the Reserve Bank of India didn't tinker with interest rates.

The Reserve Bank of India left repo rate unchanged at 7.75 percent and CRR at 4 percent. It cut SLR by 50 bps to 21.50 percent from 22 percent.

The 50-share index ended at 8,748.85 down 48.55 points or 0.55 percent. It touched a high of 8,837.30 and a low of 8,726.65 in trade today.

The S&P BSE Sensex closed at 28,973.34, down 148.93 points or 0.51 percent. It touched a high of 29,253.06 and a low of 28,900.41 in trade today.

The Bank Nifty ended closed at 19,329.95, down 535.95 points or 2.70 percent. It fell to intraday low of 19,303.50 in trade today.

Punjab National Bank (8.32 percent), Axis Bank (5.13 percent), Tata Power (4.11 percent), Kotak Bank (3.85 percent) and Bajaj Auto (3.80 percent) were among the index losers.

The market breadth was negative on the NSE with 660 gainers against 823 losers.

03/02/2015 EQUITY REPORT

MARKET ANALYSIS 

The pull-back attempt on the S&P BSE Sensex, following media reports that the government may defer GAAR by two years, didn't last long. The benchmark closed in the red for second straight session led by losses in FMCG, metals and oil & gas sectors.

The 30-share index closed at 29,133.43, down 49.52 points or 0.17 percent. It touched a high of 29,268.13 and an intraday low of 28,958.52 in trade today.

Axis Bank (up 5.44 percent), Hindalco (up 3.83 percent), Wipro (up 3.18 percent), L&T (up 1.76 percent) and GAIL (up 1.70 percent) were among the Sensex gainers.

Bharti Airtel (3.42 percent), Dr Reddy's Laboratories (3.06 percent), HUL (2.44 percent), ICICI Bank (2.40 percent) and ITC (1.97 percent) were among the index losers.

The market breadth was positive on the BSE with 1,614 gainers against
1,300 losers.

ECONOMY ANALYSIS

• Nifty ends below 8800, Sensex weak; Axis up 5%, ITC & HUL fall 2%

• Bharat Forge Q3 profit more than doubles to Rs 196.3 cr

• Sun Pharma, Ranbaxy at new high on USFTC conditional nod

• CLSA begins coverage on Adani Ent with 'buy' on recast plan

• Maruti Jan sales rise 13.7%, Tata Motors posts 5% growth

02/02/2015 EQUITY WEEKLY MARKET ANALYSIS

NEWS INSIGHT

Sensex falls 499 points after hitting record high; Nifty holds 8800

CIL mega share sale sails through; government to get Rs 22,600 crore

RBI seen holding rates steady on Feb 3; some analysts expect a cut

NTPC Q3 profit rises 7.4% to Rs 3,074 cr, revenue flat

Dabur Q3 profit jumps 16.4% to Rs 282.8 cr, meets forecast

Spicejet deal raises multiple questions for SEBI

Long tenured tax free bonds may come back in Budget 2015

NIFTY ANALYSIS

Positional Resistance of NIFTY is 8990

Immediate resistance for NIFTY is 8868

Intraday Support of NIFTY is 8775

Oscillator Analysis The oscillator is showing Consolidation

Nifty has made a low of 8775.10 on Friday which was similar to the high of 8774. Thus, a new support has formed at 8775. Buying should be attempted with SL of 8775 for target of 8950.