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 

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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.