Daily Equity Newsletter

Page 1

Daily Newsletter-Equity 13/12/2011

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MARKET WRAP Indian market ends significantly down; Nifty down 102pts, Sensex down 343pts. Britain’s Trade Balance came at (-) 7.6B while PPI Input m/m came at 0.0%. European markets were red with DAX worst; Dow Futures was down 82 pts.

Bad IIP data took their toll on markets with both indices breaching their psychologically important levels of 16,000 & 4800. Nifty was down 102pts at 4764 & Sensex down 343pts to settle at 15870. Euro markets were red with DAX down 81 pts at 5905, FTSE down 19pts at 5510 & CAC down 30pts at 3142. Dow future was down 82pts.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME Wipro HCL Tech. Infosys TCS Wipro

CURRENT 414.75 413.55 2740.25 1180.35 414.75

PREV. CLOSE(RS) 404.95 407.75 2710.30 1172.40 404.95

CHANG.(RS) 9.80 5.80 29.95 7.95 9.80

CHAG.(%) 2.42 1.42 1.11 0.68 2.42

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHANG.(RS)

CHAG.(%)

Tata Power

88.45

95.20

-6.75

-7.09

Hindalco

123.55

132.15

-8.60

-6.51

SAIL

78.55

83.00

-4.45

-5.36

SBI Jindal Steel & Power

1772.75 505.80

1865.55 532.15

-92.80 -26.35

-4.97 -4.95

NIFTY LOSERS

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SECTORIAL INDICES INDEX

P. CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

4,866.70

4,906.85

4,910.25

4,755.55

4,764.60

-2.10

CNX NIFTY JUNIOR

9,148.35

9,149.30

9,224.15

8,930.05

8,955.10

-2.11

INDIA VIX

29.53

27.21

30.00

27.21

29.27

-0.88

CNX 100

4,742.50

4,775.60

4,778.90

4,634.35

4,642.90

-2.10

S&P CNX DEFTY

3,226.65

3,258.70

3,263.15

3,129.10

3,137.10

-2.78

S&P CNX 500

3,830.85

3,852.75

3,854.15

3,745.35

3,751.05

-2.08

CNX MIDCAP

6,654.25

6,655.10

6,702.70

6,498.90

6,515.00

-2.09

NIFTY MIDCAP 50

1,919.00

1,929.30

1,932.95

1,861.05

1,869.25

-2.59

BANK NIFTY

8,811.10

8,900.90

8,920.25

8,504.45

8,543.40

-3.04

CNX ENERGY

7,400.55

7,446.60

7,448.00

7,160.80

7,185.80

-2.90

CNX FMCG

10,143.90

10,194.45

10,205.85

10,042.80

10,063.65

-0.79

CNX INFRA

2,354.00

2,374.70

2,375.90

2,278.25

2,282.55

-3.04

CNX MNC

4,563.20

4,585.30

4,591.10

4,488.55

4,493.25

-1.53

CNX PHARMA

4,606.25

4,621.65

4,635.70

4,548.30

4,571.55

-0.75

CNX PSE

2,810.55

2,827.05

2,831.10

2,734.85

2,743.85

-2.37

CNX PSU BANK

3,083.30

3,096.20

3,120.55

2,955.30

2,965.40

-3.82

CNX REALTY

211.05

212.45

213.80

204.25

205.05

-2.84

CNX SERVICE

5,895.95

5,938.60

5,944.55

5,781.60

5,793.60

-1.74

CNX IT

6,135.25

6,153.45

6,226.35

6,111.85

6,194.45

0.96

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NSE STATS 04 46 00

ADVANCES DECLINES UNCHANGED

INDEX MOVERS (PULLING IT UP) COMPANY NAME Infosys Wipro TCS -

CONTRIBUTION 14.95 7.76 5.88 -

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME

CONTRIBUTION

Bharti Airtel HDFC Bank SBI ICICI RIL

-26.77 -29.44 -31.69 -33.71 -60.55

CORPORATE ACTIONS (13-Nov-2011) COMPANY NAME Batliboi

Gitanjali Gems

VST industries

Fresenius Kabi Oncology

Kamat Hotels (India)

-

-

-

-

-

-

-

-

-

-

-

-

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

12-DEC-2011

1522.08

1950.38

-428.30

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

12-DEC-2011

1116.61

950.32

163.29

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

NO OF CONTRACTS 689919.00 484347.00 4530633.00 166626.00 5871525.00

TURNOVER IN RS. CR. 15391.64 10984.52 112124.67 3866.40 142367.24

PUT CALL RATIO 0.86 0.65 0.85

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

8652.98

8682.47

8633.35

8653.82

117.36

1.36

Hang Seng

18853.32

18919.42

18508.12

18575.66

-10.57

-0.06

Taiwan

6975.62

7002.09

6923.88

6949.04

55.74

0.80

KOSPI

1,902.75

1,903.19

1,890.18

1,899.76

25.01

1.32

Jakarta

3,761.08

3,803.71

3,761.08

3,792.15

32.54

0.86

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5275

R3 5120

R2 4965

R1 4864

P 4810

S1 4709

S2 4655

S3 4500

S4 4345

OUTLOOK Trend: - Consolidate Resistance: - 4860, 4960 Support: - 4700, 4600 Strategy: - Sell on high

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 10009

R3 9563

R2 9117

R1 8842

P 8671

S1 8396

S2 8225

S3 7779

S4 7333

OUTLOOK Trend: - Consolidate Resistance: - 8800, 9000 Support: - 8370, 8100 Strategy: - Sell on high BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 13/12/11 is State Bank of India.

State Bank of India has been in downtrend from the past few months making lower tops & lower bottoms. State Bank of India has recently tested its long term resistance line (lower top), and has come down. The stock after making an lower top now is ready to make new lower low in order to continue to its trend. Today stock has made an long bearish candle indicating bearishness in the near term. State Bank of India has lost near about 5% today making an low of 1763 to end at 1772. State Bank of India is expected to test the level of 1730 in the near term and may test 1600 in the medium term.

Our recommendation on State Bank of India is SELL below 1763 for Tg- 1756 & 1742.

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