Daily Equity Report

Page 1

Daily Newsletter-Equity 04/01/2012

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MARKET WRAP Indian market ends significantly up; Nifty up 128 pts, Sensex was up 421 pts. Britain’s Manufacturing PMI came better than expected at 49.6 versus 47.4. European markets were mixed with FTSE leading; Dow Jones was up 205 pts.

It was a good day for Indian market which opened gap-up & then, moved from strength following a pullback in beaten-down sectors. Nifty was up 128 pts at 4765 & Sensex up 421 pts to settle at 15939. Euro markets were mixed with DAX up 56pts at 6132, CAC down 16pts at 3206, FTSE was up 62pts at 5634. Dow futures was up 205 pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME DLF Kotak Mahindra

CURRENT 191.45 449.95

PREV. CLOSE(RS) 179.20 421.75

CHANG.(RS) 12.25 28.20

CHAG.(%) 6.84 6.69

Tata Steel Jindal Steel & Power Tata Motors

361.85 486.80 193.95

341.10 460.55 183.95

20.75 26.25 10.00

6.08 5.70 5.44

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

BPCL

472.75

480.50

-7.75

-1.61

M&M

664.40

674.00

-9.60

-1.42

Ambuja Cement

154.90

156.25

-1.35

-0.86

Hero Moto

1828.45

1838.85

-10.40

-0.57

-

-

-

-

-

NIFTY LOSERS

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,636.75

4,675.80

4,773.10

4,675.80

4,765.30

2.77

CNX NIFTY JUNIOR

8,312.10

8,313.35

8,575.30

8,313.35

8,564.55

3.04

INDIA VIX

27.53

27.53

27.53

25.99

26.16

-4.98

CNX 100

4,485.90

4,518.15

4,618.65

4,518.15

4,612.05

2.81

S&P CNX DEFTY

3,020.10

3,046.40

3,105.00

3,046.40

3,099.95

2.64

S&P CNX 500

3,602.50

3,623.85

3,705.20

3,623.85

3,700.80

2.73

CNX MIDCAP

6,095.50

6,096.35

6,266.75

6,096.35

6,259.70

2.69

NIFTY MIDCAP 50

1,765.15

1,772.75

1,838.10

1,772.75

1,834.20

3.91

BANK NIFTY

7,995.05

8,072.80

8,356.35

8,072.80

8,340.30

4.32

CNX ENERGY

7,037.05

7,093.10

7,213.65

7,086.25

7,197.10

2.27

CNX FMCG

10,103.95

10,153.30

10,260.70

10,153.30

10,215.70

1.11

CNX INFRA

2,126.20

2,145.55

2,210.60

2,145.55

2,208.00

3.85

CNX MNC

4,507.95

4,533.95

4,607.55

4,531.75

4,600.15

2.05

CNX PHARMA

4,567.60

4,586.95

4,638.05

4,584.45

4,634.50

1.46

CNX PSE

2,655.65

2,673.15

2,720.20

2,673.15

2,717.45

2.33

CNX PSU BANK

2,619.40

2,635.15

2,751.75

2,635.15

2,746.45

4.85

CNX REALTY

183.10

184.55

191.85

184.55

191.45

4.56

CNX SERVICE

5,629.30

5,673.65

5,816.05

5,673.65

5,807.70

3.17

CNX IT

6,217.70

6,248.85

6,384.25

6,248.85

6,356.15

2.23

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NSE STATS ADVANCES DECLINES UNCHANGED

46 04 00

INDEX MOVERS (PULLING IT UP) COMPANY NAME ICICI Bank Reliance Industries Infosys Larsen & Toubro HDFC Bank

CONTRIBUTION 40.70 36.80 35.57 34.15 27.26

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

Hero MotoCorp Mahindra & Mahindra -

-0.13 -4.13 -

CORPORATE ACTIONS (04-Jan-2012) COMPANY NAME Amtek India

Comp-u-Learn Tech India

ONGC

Astec Lifesciences

Gillanders Arbuthnot

Omega Ag-Seeds (Punjab)

Chartered Logistics

Mahindra Ugine Steel

Rubfila International

Cinemax India

MSR India Ltd.

Urja Global

-

-

-

-

-

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

03-JAN-2012

1298.80

789.20

509.60

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

03-JAN-2012

862.50

654.13

208.37

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

NO OF CONTRACTS 518784.00 445577.00 2598880.00 137364.00 3700605.00

TURNOVER IN RS. CR. 11284.20 10370.28 62144.18 3310.35 87109.01

PUT CALL RATIO 0.93 0.47 0.90

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

18,770.64

18886.12

18724.17

18,877.41

443.02

2.35

Taiwan

7,005.39

7,073.79

7,005.39

7,053.38

101.17

1.43

KOSPI

1,846.56

1,875.41

1,846.56

1,875.41

49.04

2.61

Jakarta

3,808.69

3,858.19

3,808.69

3,857.88

48.74

1.26

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5136

R3 4999

R2 4862

R1 4813

P 4725

S1 4676

S2 4588

S3 4451

S4 4314

OUTLOOK Trend: - Consolidate Resistance: - 4840, 4920 Support: - 4680, 4590 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 9150

R3 8855

R2 8560

R1 8455

P 8265

S1 8160

S2 7970

S3 7675

S4 7380

OUTLOOK Trend: - Consolidate Resistance: - 8550, 8750 Support: - 8150, 7900 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 04/01/2012 is Axis Bank.

Axis Bank has been in downtrend from the past few months making lower tops and lower bottoms. The stock recently has also made a Head & shoulder pattern and has achieved the target for that. Axis Bank after making a lower bottom is now ready to make its new lower top in order to continue its trend. Today, Axis Bank has made a long green candle indicating bull run in the short term, Axis Bank has also break its short term resistance level showing strength for near term. The stock today has gain 5.4%; Axis Bank is expected to test the level of 885-900 in the near term. Our recommendation on Axis Bank is BUY above 842 for Target – 850 & 860.

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