Daily Equity Newsletter

Page 1

Daily Newsletter-Equity 03/01/2012

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MARKET WRAP Indian market ends moderately up; Nifty was up 12 pts, Sensex was up 63 pts. U.S. Unemployment claims came at 381K; Pending Home sales m/m at 7.3%. Euro markets were green with DAX leading; with few markets were on holiday.

After a lacklustre start for the Indian market which opened flat & remained within a tight range in the last hour, the indices surged & managed to close with modest gains. Nifty was up 12 pts at 4637 & Sensex up 63 pts to settle at 15518. Euro markets were green with DAX up 88 pts at 5986, CAC up 22 pts at 3181. Dow futures, FTSE were closed.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Coal India Tata Motors

CURRENT 312.15 183.95

PREV. CLOSE(RS) 300.65 178.70

CHANG.(RS) 11.50 5.25

CHAG.(%) 3.83 2.94

72.10 938.90 706.55

70.05 918.30 692.95

2.05 20.60 13.60

2.93 2.24 1.96

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

Bajaj Auto

1475.50

1591.40

-115.90

-7.28

Sesa Goa

157.10

163.40

-6.30

-3.86

Hero MotoCorp

1838.85

1905.15

-66.30

-3.48

Hindalco

112.25

115.85

-3.60

-3.11

Grasim Industries

2418.10

2488.75

-70.65

-2.84

R Comm Maruti Suzuki RIL

NIFTY LOSERS

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,624.30

4,640.20

4,645.95

4,588.05

4,636.75

0.27

CNX NIFTY JUNIOR

8,333.10

8,333.45

8,376.30

8,224.15

8,312.10

-0.25

INDIA VIX

27.11

27.11

28.68

27.11

27.53

1.54

CNX 100

4,477.35

4,490.50

4,498.35

4,438.90

4,485.90

0.19

S&P CNX DEFTY

3,005.75

3,027.65

3,027.65

2,982.75

3,020.10

0.48

S&P CNX 500

3,597.75

3,606.40

3,615.10

3,568.75

3,602.50

0.13

CNX MIDCAP

6,111.85

6,112.30

6,146.65

6,057.65

6,095.50

-0.27

NIFTY MIDCAP 50

1,753.40

1,747.50

1,768.45

1,740.90

1,765.15

0.67

BANK NIFTY

7,968.65

8,009.85

8,028.45

7,888.25

7,995.05

0.33

CNX ENERGY

6,968.10

6,996.15

7,054.25

6,937.80

7,037.05

0.99

CNX FMCG

10,217.15

10,236.75

10,249.90

10,085.60

10,103.95

-1.11

CNX INFRA

2,124.90

2,132.90

2,140.80

2,105.75

2,126.20

0.06

CNX MNC

4,517.45

4,527.65

4,534.30

4,481.60

4,507.95

-0.21

CNX PHARMA

4,576.25

4,586.65

4,592.70

4,542.70

4,567.60

-0.19

CNX PSE

2,653.80

2,659.80

2,673.25

2,645.55

2,655.65

0.07

CNX PSU BANK

2,612.05

2,621.15

2,631.15

2,589.80

2,619.40

0.28

CNX REALTY

184.20

184.90

184.95

179.85

183.10

-0.60

CNX SERVICE

5,600.95

5,609.65

5,636.95

5,566.50

5,629.30

0.51

CNX IT

6,139.00

6,130.15

6,233.35

6,104.70

6,217.70

1.28

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NSE STATS ADVANCES DECLINES UNCHANGED

28 21 01

INDEX MOVERS (PULLING IT UP) COMPANY NAME Reliance Industries Infosys ICICI Bank TCS Tata Motors

CONTRIBUTION 30.87 23.69 16.67 12.17 11.51

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

Hindalco Hindustan Unilever Hero MotoCorp ITC Bajaj Auto

-5.75 -7.12 -8.12 -19.30 -20.80

CORPORATE ACTIONS (02-Jan-2012) COMPANY NAME Autolite (India)

Jenburkt Pharmaceuticals

TV18 Broadcast

Galaxy Consolidated Finance

Kale Consultants

Zenith Infotech

Indian Infotech & Software

Network 18 Media

-

-

-

-

-

-

-

-

-

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

02-JAN-2012

458.53

552.40

-93.87

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

02-JAN-2012

579.04

494.70

84.34

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

NO OF CONTRACTS 406993.00 366363.00 1915765.00 103273.00 2792394.00

TURNOVER IN RS. CR. 8575.70 8125.44 45348.80 2359.20 64409.14

PUT CALL RATIO 0.88 0.58 0.86

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

8434.90

8455.35

8415.56

8455.35

56.46

0.67

Hang Seng

18,489.04

18506.27

18415.85

18,434.39

36.47

0.20

Taiwan

7,071.35

7073.48

6,948.67

6,952.21

-119.87

-1.72

KOSPI

1,831.69

1,837.81

1,814.55

1,826.37

0.63

0.03

Jakarta

3,821.63

3,825.10

3,797.00

3,809.14

-12.85

-0.34

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 4797

R3 4739

R2 4681

R1 4659

P 4623

S1 4601

S2 4565

S3 4507

S4 4449

OUTLOOK Trend: - Consolidate Resistance: - 4700, 4780 Support: - 4560, 4480 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 8398

R3 8256

R2 8114

R1 8064

P 7972

S1 7922

S2 7830

S3 7688

S4 7546

OUTLOOK Trend: - Consolidate Resistance: - 8200, 8420 Support: - 7800, 7550 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s stock recommendation for 03/01/2012 is Tata Motors limited. Tata Motors is making a symmetrical triangle pattern (Indication depends as per its breakout) and currently is there on its resistance level. The stock has performed well in the bearish market as well. Today, Tata Motors has made a long green candle indicating bull run in the short term, Tata Motors if break its resistance line is expected to go up in order to respect its pattern. The stock today has gain 3%; Tata Motors is expected to test the level of 195 in the near term (which is its 200DMA level) and further if continued downtrend may test the level of 202-204.

Our recommendation on Tata Motors is BUY above 185 for Target - 187 & 190.

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