Daily Equity Newsletter

Page 1

Daily Newsletter-Equity 15/12/2011

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MARKET WRAP Indian market ends significantly down; Nifty down 37 pts, Sensex down 121 pts. Britain’s CPI y/y came at 4.8% vs 4.8% while RPI y/y came at 5.2% vs 5.1%. European markets were red with CAC worst; Dow Futures was up 36 pts.

Markets opened gap-down & thereafter subdued for most part of the morning but weak November inflation data brought in profit booking. Nifty was down 37 pts at 4763 & Sensex down 121 pts to settle at 15881.Euro markets were red with DAX down 71pts at 5703, FTSE down 56pts at 5434 & CAC down51 pts at 3027. Dow future was up 36pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Sun Pharma ITC Bharti Airtel Wipro JP Associate

CURRENT 521.40 199.85 348.80 415.55 60.70

PREV. CLOSE(RS) 512.30 197.35 345.85 412.60 60.40

CHANG.(RS) 9.10 2.50 2.95 2.95 0.30

CHAG.(%) 1.78 1.27 0.85 0.71 0.50

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

BPCL

514.65

541.00

-26.35

-4.87

Tata Steel

375.75

392.60

-16.85

-4.29

Tata Power

86.75

90.50

-3.75

-4.14

GAIL India R Infra

373.90 362.70

390.00 377.35

-16.10 -14.65

-4.13 -3.88

NIFTY LOSERS

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,800.60

4,788.70

4,839.55

4,750.40

4,763.25

-0.78

CNX NIFTY JUNIOR

8,938.10

8,938.20

8,988.95

8,837.10

8,864.55

-0.82

INDIA VIX

28.11

28.08

29.35

28.08

28.79

2.42

CNX 100

4,671.20

4,661.40

4,706.85

4,622.10

4,634.50

-0.79

S&P CNX DEFTY

3,121.50

3,088.20

3,128.90

3,067.75

3,074.85

-1.49

S&P CNX 500

3,767.10

3,760.60

3,793.15

3,728.45

3,736.60

-0.81

CNX MIDCAP

6,492.05

6,491.65

6,537.35

6,435.60

6,447.35

-0.69

NIFTY MIDCAP 50

1,867.85

1,866.95

1,885.70

1,844.90

1,849.05

-1.01

BANK NIFTY

8,571.95

8,549.55

8,696.90

8,482.95

8,533.00

-0.45

CNX ENERGY

7,285.45

7,256.70

7,334.10

7,177.75

7,196.55

-1.22

CNX FMCG

10,132.95

10,127.55

10,262.25

10,124.55

10,162.15

0.29

CNX INFRA

2,285.20

2,278.05

2,307.35

2,254.70

2,261.50

-1.04

CNX MNC

4,523.20

4,514.95

4,552.55

4,485.50

4,498.05

-0.56

CNX PHARMA

4,595.95

4,593.15

4,630.55

4,566.50

4,579.70

-0.35

CNX PSE

2,764.65

2,756.45

2,766.60

2,697.60

2,703.65

-2.21

CNX PSU BANK

2,960.75

2,956.95

3,021.25

2,938.10

2,952.80

-0.27

CNX REALTY

206.40

206.75

208.20

201.00

201.70

-2.28

CNX SERVICE

5,817.15

5,807.35

5,861.75

5,743.55

5,768.80

-0.83

CNX IT

6,208.15

6,205.20

6,240.25

6,166.25

6,198.50

-0.16

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NSE STATS 12 38 00

ADVANCES DECLINES UNCHANGED

INDEX MOVERS (PULLING IT UP) COMPANY NAME ITC Sun Pharma Inds. Bharti Airtel Wipro JP Associate

CONTRIBUTION 15.29 4.33 3.97 1.95 0.21

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

L&T Infosys Tata Steel M&M HDFC

-8.16 -8.19 -12.68 -13.91 -30.09

CORPORATE ACTIONS (15-Nov-2011) COMPANY NAME Anka India

Indiabulls Real Estate

Nicco Corporation

C&C Constructions

Innovative Tech Pack

Omega Ag-Seeds

Eastern Sugar & Industries

Narmada Agro Industries

Vinaditya Trading Company

-

-

-

-

-

-

-

-

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

14-DEC-2011

2246.43

2386.56

-140.13

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

14-DEC-2011

1022.94

573.35

449.59

F&O TRADE STATISTICS PRODUCT Index Futures Stock Futures Index Options Stock Options F&O Total

NO OF CONTRACTS 749419.00 505218.00 4086919.00 148969.00 5490525.00

TURNOVER IN RS. CR. 16469.43 11269.79 99600.06 3408.81 130748.08

PUT CALL RATIO 0.98 0.49 0.96

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

8513.77

8,540.57

8,486.37

8519.13

-33.68

-0.40

Hang Seng

18301.05

18476.15

18280.67

18354.43

-92.74

-0.51

Taiwan

6,912.54

6,926.09

6,860.39

6,922.57

26.26

0.38

KOSPI

1,852.20

1,864.79

1,851.89

1,857.75

-6.31

-0.34

Jakarta

3,763.40

3,765.09

3,741.72

3,751.60

-11.98

-0.32

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5051

R3 4962

R2 4873

R1 4818

P 4784

S1 4729

S2 4695

S3 4606

S4 4517

OUTLOOK Trend: - Consolidate Resistance: - 4840, 4920 Support: - 4700, 4600 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 9257

R3 9022

R2 8787

R1 8649

P 8552

S1 8414

S2 8317

S3 8082

S4 7847

OUTLOOK Trend: - Consolidate Resistance: - 8700, 8900 Support: - 8350, 8150 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 14/12/11 is Larsen & Toubro.

Larsen & Toubro has been in downtrend from the past few months making lower tops & lower bottoms. The stock after making an lower top has come down in order to continue to its trend. Larsen & Toubro is also following an downward channel and is expected further to go down from this level in the near term. Today stock has has made a Gravestone doji making an upper shadow indicating bearishness. Larsen & Toubro is expected to test the level of 1020 in the near term.

Our recommendation on Larsen & Toubro is SELL below 1154 for Tg- 1146 & 1136.

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