DAILY MARKET ANALYSIS FOR AUGUST 19, 2015

ECONOMY ANALYSIS

 Sensex ends 47 pts down, bulls balk at China crash

 Brewing hot! Coffee stocks rally 3-9% on hopes of 100% FDI

 Sharon Bio up 20% post USFDA audit of Uttarakhand plant

 Infosys at record high, up 3%; BNP Paribas raises target

 Cairn to seek damages from Govt for tax notice

 IndiGo market share dips 2.6 per cent in July EQUITY TRADING TIPS

MARKET ANALYSIS

 Fag-end buying in select blue-chip stocks helped the S&P BSE Sensex erase some of the intraday losses on Tuesday.

 The 30-pack index fell 46.73 points, or 0.17 per cent, to settle the session at 27,831.54. Still the BSE barometer was down 209 points from its intraday high of 28,040.73. HDFC, Coal India and ITC contributed most to the Sensex fall.

 The 50-share Nifty index ended the day at 8466.55, down 10.75 points, or 0.13 per cent.

 20 of 30 Sensex stocks ended the day in the red.

 GAIL was the top Sensex loser, down over 4 per cent.

 CNX Bank Nifty fell over 200 points, CNX Metal index lost over 2 per cent in intraday trade.

 During the day, most Asian markets ended in the red. China's Shanghai Composite plummeted 6.15 per cent, or 245.50 points, to end the session at 3,748.16. Japan's Nikkei fell 0.32 per cent, or 65.79 points to settle at 20,554.47. Extending the losses, Hong Kong's Hang Seng ended 1.43 per cent down, or 339.68 points, at 23,474.97 

READ MORE : EQUITY TRADING TIPS

EQUITY DAILY MARKET ANALYSIS 06/05/2015

MARKET ANALYSIS

• After a strong pull back session on Monday, selling pressure continued unabated on Dalal Street on Tuesday, with the Nifty slipping below its crucial psychological level of 8300 in trade today.

• However, markets recouped some of the intraday losses and the S&P BSE Sensex finally closed 50 points lower at 27440.14 while the 50-share Nifty index ended 11.25 points down at 8,320.70.

• Even though the benchmark indices managed to claw back its key resistance levels in the previous session, analysts think that the worst is not over yet and the Nifty could further drift towards the level of 8200 in the next 2-3 weeks.

• As per experts, the best case situation would be consolidation in the market plus/minus 100 points on the Nifty at current levels. Dutt says that there is a 30% to 40% probability that we may go below the 8200 levels as we test the round figure of 8000 levels over the next two to three weeks.

EQUITY DAILY MARKET ANALYSIS OF 05/05/2015

MARKET ANALYSIS

• The market was on fire fueled strongly by oil, FMCG and pharma stocks. The Sensex ended up 479.28 points or 1.8 percent at 27490.59 and the Nifty scaled the 8300-level. The 50-share index closed up 150.45 points or 1.8 percent at 8331.95. About 1954 shares advanced, 838 shares declined, and 153 shares were unchanged.

• ONGC was up 8 percent while Bajaj Auot, Cipla, M&M and BHEL were major gainers in the Sensex. Among the laggards were ICICI Bank, Axis Bank and Tata Motors with marginal losses.

• Shares of Shriram Transport slumped 16 percent intraday after it announced disappointing March quarter results. Its net profit declined 73 percent to Rs 84.23 crore in Q4 of FY15. During the period, its net interest income stood at Rs 1,105.57 crore against Rs 975.95 crore year-on-year.

• The tax department has issued demand notices to the tune of Rs 6,500-7,000 crore (around $1 billion) to foreign portfolio investors (FPIs), claiming payment of minimum alternate tax (MAT) on capital gains related to transactions on Indian stock.

EQUITY DAILY MARKET ANALYSIS OF 04/05/2015

 ECONOMY ANALYSIS

• Sensex closes 215 points down, Nifty above 8200
• Marico Q4 profit jumps 24% to Rs 110 cr, volume growth 3%
• Biocon Q4 net jumps 78% to Rs 201 cr on Syngene shares sale
• US data, Fed caution keep pressure on world stocks, dollar
• New listing on bourses: VRL Logistics debuts at 40% premium
• Axis Bank rises 5%, brokerages say 'buy' post Q4 nos

MARKET ANALYSIS

• Equity benchmarks continued their slide on Thursday, with the Nifty breaching the psychological 8200-mark and the Sensex slipping below\ 27,000.

• The Sensex shed 214.62 points to close at 27011.31 after touching a low of 26897.54 intra-day. The Nifty fell 58.25 points to close at 8181.50, after hitting a low of 8,144.75 intra-day. For the truncated week, the Sensex was down 426.63 points or 1.55 percent and the Nifty by 123.75 points or 1.5 percent.

• The market will be closed for trading on Friday because of Labour Day. The Sensex and Nifty have now fallen a little over 10 percent from their record high seen in early March. But opinion is divided on whether this is a good time to start buying shares.

• MCG, IT, auto and metal shares were the prominent losers today. Banking shares rallied after a sedate start and were the best performers of the day.

EQUITY WEEKLY MARKET ANALYSIS OF 04/05/2015

NEWS INSIGHT

• US shares rally; dollar rises in May Day trading
• LIC loses 5% new premium market share to rivals
• Coal India registers 10.7% growth in production
• Sugar output rises 14.27% to 27.37 mn tonnes in Oct-Apr
• Hero MotoCorp sales decline 7% in April
• Petrol price hiked by Rs 3.96/ ltr; diesel Rs 2.37/ ltr
• Fund raising via NCDs down 77% in FY15
• Sebi to soon issue final norms for listing of startups

NIFTY ANALYSIS

• Positional Support for NIFTY 8020
• Positional Resistance of NIFTY is 8460
• Immediate resistance for NIFTY is 8340
• Intraday Support of NIFTY is 8140

• Oscillator Analysis: Nifty has achieved its target of Double top in full and now some correction in market should be expected. This is also a good opportunity for new investors’ to enter in market. Buy on dips strategy should be followed.

• Petroleum stock can be considered for positional buying.

EQUITY DAILY MARKET ANALYSIS OF 30/04/2015

MARKET ANALYSIS

• The S&P BSE Sensex ended the day in negative territory on Wednesday after playing choppy through the day.

• The broader 50-stock Nifty ended the day above its new crucial support level of 8,230.

Markets @ close

• Sensex at 27,225.93; down 170.45 points. Nifty @ 8,239.75; down 45.85 points.

Top Gainers

Axis bank (4.7%), wipro (1.9%), gail (1.7%), sun pharma (1.5%), icici bank (1.2%)

Top Losers

Bharti airtelbse -3.32 % (-4.1%), itc (-2.8%), hdfc (-2.3%), sesa sterlite (-2.0%), ril (-1.8%)

• Among individual stocks, HDFC slipped over 2% soon after it announced Q4 new profit at Rs 1,862 cr versus Rs 1,723 cr YoY.

• TVS Motor surged 4% after announcing Q4 PAT at Rs 90.5 crore versus Rs 52 crore, up 74% on a year-on-year basis.

NIFTY WAS UP 71.80 POINTS: EQUITY DAILY NEWS OF 29/04/2015

DAILY MARKET ANALYSIS

• The market made a strong closing on late buying. The Sensex ended up 219.39 points or 0.8 percent at 27396.38 and the Nifty was up 71.80 points or 0.9 percent at 8285.60. About 1650 shares advanced, 1086 shares declined and 146 shares were unchanged.

• In a major boost to the market, World Bank estimates India’s GDP growth at 7.5 percent in FY16 and 7.9 percent in FY17. It says that India needs to further rationalise subsidies. World Bank thinks tax-to-GDP ratio may rise after India implements GST but land acquisition remains hurdle in the country's efforts to boost infrastructure.

Markets @ close

Sensex at 27,396.38; up 219.39 points. Nifty @ 8,285.60; up 71.80 points.

Top Gainers
icici bank (7.5%), maruti (5.1%), bhel (2.3%), ntpc (2.0%), axis bank (1.9%)

Top Losers
 Itc (-2.4%), cil (-1.6%), infosys (-1.6%), ril (-1.3%), hul (-1.0%)

Today's Equity Market Updates Of 28/04/2015

DAILY MARKET ANALYSIS

• The 30-stock Sensex ended the day at 27,176.99; down 260.95 points. The broader 50-share Nifty closes the session at 8,205.60; down 99.65 points; below its 200-DMA.

• ICICI Bank slumped over 3% in intraday trade. The stock ended the day down 0.96 percent or Rs 2.95 at Rs 305.15. The company announced Q4 PAT at Rs 2,922 vs Rs 2,652 crore, up 10.1% YoY; below estimates.

• Maruti rose up over 3% as Q4 profit jumped 60% on a year-on-year basis.

Top gainers
MARUTI SUZUKI (2.7%), SESA STERLITE (2.3%), WIPRO (1.7%), CIL (0.3%), TATA MOTORS (0.3%) 

Top losers
SBI (-3.2%), DR. REDDY'S (-3.0%), BHEL (-2.8%), HDFC (-2.7%), HUL (-2.5%)

Nifty above 8,300: EQUITY ANALYSIS OF 27/04/2015

DAILY MARKET ANALYSIS

• The S&P BSE Sensex ended the day at 27,437.94; down 297.08 points. The broader 50-share Nifty closed the session at 8,305.25; down 93.05 points.

• The sentiment was dampened on Dalal Street as Minister of State for Finance Jayant Sinha informed the Lok Sabha that the Income Tax department has sent notices in 68 cases to Foreign Institutional Investors (FIIs) for payment of dues totalling Rs 608.83 crore towards Minimum Alternate Tax (MAT).

• Another stock in focus was DLF, which cracked nearly 5% soon after ET Now reported that the Supreme Court has refused to stay SAT order in DLF IPO disclosure breach case; and has instead sent notice to DLF on the plea of the market watchdog. The stock ended the day at Rs 131.10, down 3.92%, on the BSE.

Top gainers

ongc (2.7%), tcs (2.2%), maruti suzuki (1.9%), tata motors (1.3%), itc
(1.2%)

Top losers

infosys (-6.2%), cipla (-3.6%), sesa sterlite (-2.9%), axis bank (-2.7%), l&t
(-2.5%)

TODAY EQUITY MARKET REVIEW: NIFTY CLOSED SESSION AT 8429.70

23/04/2015

MARKET ANALYSIS

• The Sensex ended the day at 27,890.13; up 214.09 points. Nifty closed session at 8,429.70; up 51.95 points up.
• The 30-stock index saw a wild swing of 561 points in the last two hours of trade.
• The markets today bounced back from a four-week low, snapping a five- session losing streak as blue-chips such as Sun Pharmaceutical Industries rose on value buying.
• Sun Pharma closed up 1.64 percent. The stock had fallen 8.8 percent on Tuesday, its worst daily fall in six years.
• Markets @ close

Top gainers

HUL (3.7%), HERO MOTOCORP (3.6%), L&T (3.4%), AXIS BANK (3.3%), DR. REDDY'S (2.8%)

Top Losers

WIPRO (-6.0%), ONGC (-2.7%), SBI (-1.9%), GAIL (-0.9%), TATA MOTORS (-0.5%)

DAILY EQUITY ANALYSIS OF 22/04/2015

MARKET ANALYSIS

• The Sensex witnessed a choppy session to end the day at 27,676.04, down 210.17 points. The broader 50-share Nifty closed the session below 8,400, down 70.35 points.

• The rupee meanwhile recovered losses after hitting a two-month low of 63.15 versus the US dollar, and made day's high of 62.75 as against the previous close of 62.92.

• Gold tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers and retailers.

Top Losers
SUN PHARMA (-8.9%) HIND. UNILEVER (-4.5%), HINDALCO (-3.1%)
MARUTI SUZUKI (-3.1%) and HINDALCO (-2.6%)

Top Gainers
SESA STERLITE (1.3%), TATA STEEL (1.2%), AXIS BANK (0.9%),
M&M (0.8%) and HERO MOTOCORP (0.

Nifty closed 157.90 points: EQUITY ANALYSIS OF 21/04/2015

DAILY MARKET ANALYSIS

• The Sensex has plunged over 1200 points in four trading sessions, including today's decline, on earnings growth concerns, while weak cues across the region also dampened sentiment.

• The Sensex slipped as much as 639.73 points in trade on Monday, to register its lowest close in three weeks, dragged down by losses in technology, realty, FMCG and auto stocks.

• The rupee slumped to its weakest in over a month after a spurt in dollar outflows triggered by the greenback's strength globally as well as weaker shares, Reuters reported. The rupee had fallen to as much as 62.86 to the dollar, its lowest since March 16.

• The 30-share index closed at 27886.21, down 555.89 points or 1.95 percent. It touched a high of 28,539.46 and a low of 27,802.37 in trade today. The Nifty closed 157.90 points lower at 8448.10.

•  Apart from corporate earnings, developments during the second part of Budget session of Parliament will be closely watched, say experts. The second part of the budget session started on April 20 and will conclude on May 8.

EQUITY ANALYSIS OF 20/04/2015: 50-share Nifty index ended at 8,606

DAILY MARKET ANALYSIS

• The S&P BSE Sensex ended the day at 28,442.10, down 223.94 points in trade on Friday, led by losses in TCS, Infosys, ICICI Bank, Sun Pharma and Axis Bank.

• The 50-share Nifty index ended at 8,606, down 100.70 points.

HIGHLIGHTS

• TCS cracks over 4% intraday post Q4 results. CLSA has a target of Rs 3,000

• IT counter takes a hit post TCS Q4 results; Mindtree slips over 7% intraday

• UBS cuts target for Nifty to 9,200 from 9,600; cites cuts in earnings estimates as key reason for reducing the target

• Lupin falls another 6% intraday on Suprax generic concerns; Kotak Institutional Equities, Nomura downgrade the stock

• Motherson Sumi gains 4% intraday on strong car sales in the EU region

• Tata Steel surges 4% intraday; says no deal with UK unions on pension scheme

• Nikkei ends below 19,700; drops to over one-week low

• Brent trades above $63 | China stock @ fresh 7-year high.

RESEARCH VIA EQUITY ANALYSIS OF 13/04/2015

DAILY MARKET ANALYSIS

• The S&P BSE Sensex slipped over 100 points in trade on Friday, before closing the day in the red. Cipla, Hindalco, HDFC Bank, Hero Moto and HDFC were the top gainers in late trade.
• Markets @ close
• Sensex at 28,879.38, down 5.83 points. Nifty @ 8,780.35, down 2.05 points
• Swap ratio for proposed NSEL-FTIL merger 8:2
• Zee Ent slips 2.5% intraday; says FII stake has come down by 193 bps to
  49.98%
• MTNL surges over 6% intraday; gets Rs 129 crore income-tax refund for
  FY07
• Nikkei tops 20,000 for the first time in 15 years; but ends 0.2% @ 19,907.63
• FTSEurofirst 300 hits highest since 2000 as euro slips to lowest level since March 19
• China's main stock indexes rise to fresh 7-year highs, posting fifth consecutive weekly gains.

EQUITY WEEKLY MARKET ANALYSIS BY RESEARCH VIA

DATE: 13/04/2015

NEWS INSIGHT

• Auto industry eyes double-digit sales growth in FY16
• Feb IIP growth@5% vs -2% YoY, fastest in 9 months
• Apollo Global sells stake in Dish TV for Rs 263 cr
• Zomato raises Rs 311 crore from existing investors
• Sensex snaps 5-day rally but mid, smallcap run continues
• HDFC to raise up to USD 500 million from ECB
• HDFC cuts loan rates by 20 bps to 9.9%
• Nikkei tops 20,000 for first time in 15 years; up 2.4% on week
• France to invest euro 2 bn in India

EQUITY DAILY ANALYSIS BY RESEARCH VIA ON 09/04/2015

 MARKET ANALYSIS

• Indian shares rose on Wednesday, marking their highest close in three weeks, led by gains in resources stocks such as Coal IndiaBSE 5.73 % and Reliance Industries.
• Coal India climbed 5.8 percent on reports that the government has lifted the cap on the company's e-auction sales.
• Reliance Industries BSE 3.93 % surged about 4%, marking its biggest daily gain since March 3.
• Markets @ close
• Sensex ends day at 28,707.75; up 191.16 points. Nifty closes at 8,716.00; up 55.70 points.
• Coal India rallied over 6% intraday as govt has removed cap on e-auction sales
• REC OFS subscribed 200% on institutional demand
• Smallcap index outshines Sensex and Nifty, gains 204.30 points, or 1.79%
• GATI gained about 3% intraday; the firm plans to raise Rs 120 crore via QIP

RESEARCH VIA EQUITY REPORT 08/04/2015

MARKET ANALYSIS 

• The market extended upmove in opening trade today with the Nifty reclaiming 8700 level led by FMCG, IT and banks stocks. The Sensex rallied 122.87 points to 28639.46 and the Nifty climbed 38.65 points to 8698.95.

• About 429 shares have advanced, 73 shares declined, and 92 shares are unchanged on the BSE. Shares of Coal India, Tata Motors, Infosys, Tata Power, NTPC, HDFC Bank, ICICI Bank and Sun Pharma topped the buying list on Sensex. However, Bharti Airtel declined.

• The cabinet has cleared the decks to create a regulator for realty sector. The watchdog will address consumer grievances within 60 days. Penal provisions will be initiated against realtors who violate the rules. Reserve Bank of India Governor Raghuram Rajan kept key policy rates unchanged yesterday and asked bankers to pass on previous rate cuts. Banks obliged with the ICICI Bank cutting rates by 25 basis points.

• SBI and HDFC Bank also eased rates by 15 basis points each. Glenmark Pharma gained 3.5 percent on approval from CCEA to hike FII limit in company.

07/04/2015 RESEARCH VIA EQUITY UPDATES

DAILY MARKET ANALYSIS

MARKET ANALYSIS

• Sensex @ 28,504.46; up 244.32 points. Nifty @ 8,653.50; up 67.25 points.
• Sun Pharma surges over 9% intraday; moves from 8th to 5th spot on Nifty
• Sebi plans new norms for changes in constituents of Sensex and Nifty
• Deccan Gold seeks Sebi nod to raise Rs 44 cr from rights issue
• EOW ropes in Sebi to investigate brokers' role in NSEL fiasco
• Adlabs Ent flip-flops in a highly volatile trade on debut
• Sun TV slips over 11% intraday after ED attaches Rs 742 crore assets of Marans
• High on Iran deal! Aban Offshore rallies over 7% intraday, oil stocks gain
• Cement stocks rise on Q4 expectations; Ramco Cement up 6% intraday, India Cements 3%
• Morgan Stanley turns cautious on TVS Motors
• ADC India slips 11.9% intraday; Rajasthan Global Securities raises stake in firm to 5%
• Aban Offshore surges 7% intraday as Iran-US reach agreement on nuclear program

RESEARCH VIA EQUITY WEEKLY MARKET ANALYSIS

DATE: 06/04/2015

 NEWS INSIGHT

• SEBI won't revisit 25% public holding norm in listed cos
• GMR Infra to consolidate holdings in GMR Airports
• PE investments in Jan-Mar this year rise 20% to $2,646 mn
• Mutual funds near Rs 12 lakh cr mark in FY15; add Rs 3 lakh cr
• MAT to become irrelevant after corporate tax comes down to 25%
• India ranks 119 on global business resilience index
• GERC sanctions 2.47 per cent tariff hike to four discoms
• Chinese stocks hit fresh 7-year high despite rush of IPOs

EQUITY NEWS INSIGHT OF 30/03/2015

• Sensex, Nifty close flat; banks lead, telecom & FMCG fall
• Power Grid to invest Rs 2,000 cr for transmission projects
• Tax deducted at source and actual tax liability may differ
• Drugs to cost upto 30%of price at Jan Aushadhi stores
• TRAI seeks to regulate net-based calls, messages
• IndiGo heads towards $400 mn IPO as travel booms
• Land ordinance: Decision on proroguing Parl today
• Govt plans $10-billion push for chip manufacturing
• Gas price reduced from $5.61 to $5.01 a unit