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 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%)

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%)

EQUITY ANALYSIS TODAY'S 17/04/2015

DAILY MARKET ANALYSIS

• The BSE benchmark Sensex ended lower for the second straight session ahead of the key earnings. The 30-pack index dropped 133.65 points, or 0.54 percent, to close at 28,645.13. Nifty ended the day at 8,706.7, down 43.50 points.
• Top stocks/events that influenced markets on Thursday
• Tata Consultancy Services Ltd (TCS) tumbled 1.74 percent for the day to close at Rs 2,579 ahead of its fourth quarter earnings.
• Rolta India slumped over 11 percent in trade after US-based Glaucus alleged that the Indian IT company overstated its Ebitda in the belief that the firm will not be able to repay foreign bondholders without refinancing.
• Eicher Motors climbed 3 percent in trade after the Reserve Bank of India (RBI) raised FII limit for the company to 49 percent. FIIs held 19.47 percent stake in the company as of December 31, 2014.
• Stocks of DVRs rally up to 11 percent on reports NSE may include DVRs in the benchmark Nifty from April. Shares with differential voting rights (DVRs) such as Tata Motors DVR and Future Retail DVR rallied up to 11 per cent in trade on Thursday.

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.

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.

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

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.

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

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.

02/02/2015 EQUITY REPORT

MARKET ANALYSIS 

The S&P BSE Sensex plunged as much as 611 points in trade on Friday, after hitting its record high of 29844.16. The fall in the index was led by losses in ICICI Bank, HDFC, SBI, HDFC BankBSE -1.67 % and TCSBSE -2.37 %.

The 30-share index finally closed at 29,182.95, down 498.82 points or 1.68 percent. It touched an all-time high of 29,844.16 and a low of 29,070.48 in trade today.

The Nifty ended at 8,808.90, down 143 points or 1.60 per cent. It touched an all-time high of 8,996.60 and a low of 8,775.10 in trade today.

Tata PowerBSE 2.90 % (up 2.9 percent), BHELBSE 1.62 % (up 1.6 percent), NTPCBSE 1.37 % (up 1.3 percent), WiproBSE 0.79 % (up 0.8 percent) and SesaBSE 0.67 % Sterlite (up 0.67 percent) were among the major Sensex gainers.

State Bank of India BSE -5.13 % (down 5.1 percent), ICICI Bank BSE -4.95 % (down 4.9 percent), Coal IndiaBSE -3.81 % (down 3.8 percent), DRL (down 3.6 percent) and HDFC (down 3.3 percent) were major losers.

ECONOMY ANALYSIS

• Sensex slumps 499 pts, Nifty ends at 8809; banks bleed
• ICICI Bank Q3 profit & NII rise 14%, asset quality worsens
• HCL Tech Q2 net up 2.3%, $ revenue rises 4%, bonus issue at 1:1
• Bank Of Baroda Q3 profit tanks 68%, provisions & tax hurt
• Coal India slips 4% as OFS opens; brokerages bet on it
• IDFC gets RBI nod to exempt 30% of loan book from SLR/CRR
   

EQUITY DAILY MARKET ANALYSIS OF 30/01/2015

MARKET ANALYSIS 

The Nifty bounced back in the last hour of trade and closed near 8,950 level on the back of short coverings on the last day of January series.

The government's decision not to appeal against Vodafone in tax case, stake sale in Coal India and lower crude oil prices acted as triggers for the market in today's session.

The 50-share index closed at 8,950.80, up 36.50 points or 0.41 percent. It
touched a high of 8,966.65 and a low of 8,861.25 in trade today.

Dr Reddy's Laboratories (up 3.94 percent), BPCL (up 3.87 percent), BHEL (up 3.40 percent), HDFC Bank (up 3.26 percent) and Ambuja Cement (up 2.69 percent) were among the Nifty gainers.

Punjab National Bank (3.51 percent), Asian Paints (3.17 percent), Bank of Baroda (2.93 percent), HDFC (2.63 percent) and SBI (2.36 percent) were among the index losers.

The market breadth was flat on the NSE with 733 gainers against 783
losers.

ECONOMY ANALYSIS

• Nifty ends Jan expiry at 8952, Sensex up 123 pts
• Dr Reddy's Q3 net falls 7% to Rs 575cr, OPM below estimates
• HDFC Q3 net rises 11.5% YoY at Rs 1425cr; in line

EQUITY REPORT 29/01/2015 DAILY MARKET ANALYSIS

MARKET ANALYSIS 

The S&P BSE Sensex snapped its eight-day-long winning streak on Wednesday, as it ended the volatile session in the red ahead of the January F&O series expiry.

The 30-share index ended at 29,547.63, down 23.41 points or 0.08 percent. It touched an all-time high of 29,786.32 and an intraday low of 29,417.67 in trade today.

The Nifty closed at 8,907.90, down 2.60 points or 0.03 per cent. It touched an all-time high of 8,985.05 and a low of 8,874.05 in trade today.

Reliance (up 2.17 percent), HDFC (up 2.08 percent), Wipro (up 2.03 percent), ONGC (up 1.56 percent) and TCS (up 1.17 percent) were among the Sensex gainers.

Bharti Airtel (4.69 percent), Sesa Sterlite (3 percent), Tata Motors (2.83 percent), L&T (2.75 percent) and Tata Steel (2.01 percent) were among the index losers.

The market breadth was negative on the BSE with 1124 gainers against 1740 losers.
 

ECONOMY ANALYSIS

• Sensex ends in red, Nifty at new closing high; HDFC up 2%
• Ranbaxy posts Q3 loss of Rs 1030 cr; revenue at Rs 2619 cr
• Adani Power reduces Q3 loss to Rs 428.7 cr, revenue up 31%
• Jaiprakash Power likely to default on $200 mn convertible bonds
• Gammon to buy Sadbhav's 20% in Mum-Nasik E-way for Rs 72 cr

EQUITY REPORT 28/01/2015

MARKET ANALYSIS

The Nifty extended its winning streak for eighth consecutive day and closed above 8,900 for the first time. It hit an all-time high earlier in the session on the back of dollar inflows on the hopes of economic recovery and improvement in earnings in the coming quarters.

The 50-share index ended at an all-time closing high of 8,910.50, up 74.90 points or 0.85 percent. It hit a record all-time intraday high of 8,925.05 and an intraday low of 8825.05 in trade today.

The S&P BSE Sensex ended at an all-time closing high of 29,571.04, up 292.20 points or 1 percent. It touched an all-time high of 29,618.59 and a low of 29,286.09 in trade today.

The market breadth was negative on the NSE with 706 gainers against 825
losers.

ECONOMY ANALYSIS

Nifty ends at 8910, Sensex up 292 pts; banks soar, ITC gains 3%
Union Bank Q3 net falls 8.1% on high provisions, NPA rises

Maruti Suzuki Q3 profit up 18% at Rs 802cr, misses forecast

Godrej Properties Q3 profit rises 26% on strong revenue

Weekly Equity Tips of 27/01/2015

NEWS INSIGHT

• Sensex cheers ECB stimulus, up 273 pts; Nifty closes above 8800

• UltraTech Cement Q3 profit seen up 4% to Rs 385 cr: Poll

• Govt likely to sell 5% shares in PFC next week: Source

• Direct tax collections up 13% in 9 months of FY'15

NIFTY ANALYSIS

• Positional Support for NIFTY 8700

• Positional Resistance of NIFTY is 8870

• Immediate resistance for NIFTY is 8845

• Intraday Support of NIFTY is 8795

• Nifty has closed a spinning Top on its daily chart. Any trade below 8775 with volumes will lead to downward rally till 8720 which is the next support level.

Equity Market Report of 27th January 2015

MARKET ANALYSIS 

The market rallied for the seventh consecutive session on Friday, spiking nearly 2000 points on the Sensex (in seven days). The Sensex today gained 272.82 points or 0.94 percent at 29278.84 and the Nifty jumped 60.15 points or 0.69 percent to 8821.55 on ECB stimulus.

About 1140 shares have advanced, 1803 shares declined, and 253 shares are unchanged on the BSE. Tata Power saw huge buying interest in late trade, up nearly 7 percent.

Tata Motors and Bharti Airtel rallied close to 4 percent. DLF spiked 5.5 percent, and Cairn India jumped over 4 percent on rise in crude oil prices. Cipla, L&T, HDFC Bank, HUL, M&M and Sesa Sterlite gained 2-3 percent whereas PNB, GAIL, BHEL, HCL Technologies and ONGC were down 1-2.7 percent.

ECONOMY ANALYSIS
Sensex up 273 pts, Nifty ends above 8800 for 1st time ever

ENIL up 5%, govt to e-auction 135 channels of pvt FM radio

Colgate Q3 profit rises 16% to Rs 131 cr on strong EBITDA