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Daily Newsletter Newsletter-Equity 02/06/2011

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MARKET WRAP Indian equity market ended up 0.50%; Nifty up 32 pts and Sensex up 106 pts. U.S ADP Non-farm employment change came at 38K vs. expected at 177K. European markets were in red with DAX worst, Dow future was down 80 pts. Indian equity market ended up marginally 0.50% for second consecutive day despite weaker global equity markets. Nifty added 32 pts to end near 5600 at 5592 while Sensex added 106 pts to settle at 18608. European markets were in red with DAX down 15 pts, CAC down 7 pts and FTSE down 11 pts. Dow future was down 80 pts as well.

MARKET PERFORMANCE NIFTY GAINERS COMPANY NAME R Com R Cap NTPC Ambuja SAIL

CURRENT 93.95 524.75 175.05 143.20 144.95

PREV. CLOSE(RS) 89.50 501.35 168.25 138.75 140.60

CANG.(RS) 4.97 4.67 4.04 3.21 3.09

CHAG.(%) 4.45 23.40 6.80 4.45 4.35

CURRENT 538.95 469.95 1079.90 582.30 236.95

PREV. CLOSE(RS) 551.90 477.45 1095.30 589.00 238.95

CANG.(RS) -2.35 -1.57 -1.41 -1.14 -0.84

CHAG.(%) -12.95 -7.50 -15.40 -6.70 -2.00

NIFTY LOSERS COMPANY NAME Ranbaxy Sun Pharma Tata Motors Tata Steel DLF

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5560.15

5561.05

5597.35

5559.45

5592.00

0.57

CNX NIFTY JUNIOR

11444.15

11448.10

11515.30

11434.70

11496.20

0.45

CNX IT

6538.50

6544.80

6619.75

6544.80

6604.05

1.00

BANK NIFTY

11020.85

11011.20

11056.40

10959.10

11033.40

0.11

INDIA VIX

16.82

16.82

17.43

16.36

16.73

-0.53

CNX 100

5499.05

5499.80

5534.15

5498.95

5529.45

0.55

S&P CNX DEFTY

4276.70

4283.40

4329.15

4282.70

4325.85

1.15

S&P CNX 500

4492.90

4493.45

4521.40

4493.45

4517.80

0.55

CNX MIDCAP

8064.80

8065.50

8111.10

8063.05

8102.80

0.47

NIFTY MIDCAP 50

2509.00

2513.70

2522.30

2501.60

2518.30

0.37

CNX INFRA

2975.10

2977.60

3027.20

2977.55

3024.35

1.66

CNX REALTY

289.25

289.75

290.35

284.65

288.75

-0.17

CNX ENERGY

8784.10

8787.50

8833.20

8764.15

8802.45

0.21

CNX FMCG

9827.65

9875.75

9894.30

9813.55

9874.05

0.47

CNX MNC

4992.30

4986.60

5048.90

4986.60

5038.25

0.92

CNX PHARMA

4822.75

4810.80

4827.40

4781.95

4805.65

-0.35

CNX PSE

3358.95

3364.10

3399.55

3364.10

3395.60

1.09

CNX PSU BANK

3889.45

3898.00

3933.60

3892.25

3917.55

0.72

CNX SERVICE

6713.50

6705.60

6771.25

6704.50

6763.60

0.75

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NSE STATS ADVANCES DECLINES UNCHANGED

31 19 0

INDEX MOVERS (PULLING IT UP) COMPANY NAME L&T Infosys TCS Airtel NTPC

CONTRIBUTION 7.59 4.17 3.10 2.99 2.90

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME BPCL HCL Tech Hindalco Kotak Bank HDFC Bank

CONTRIBUTION -0.02 -0.03 -0.03 -0.04 -0.17

VOLUME SHOCKERS Company Name

Last Price

% Chg

Last Volume

Avg Volume

% Chg

Info Edge Cambridge Sol Deep Industries Indo Tech Trans Transformers

695.20 38.35 63.05 149.10 265.45

-0.26 20.03 11.20 12.49 8.52

146718.00 122440.00 153379.00 115603.00 80196.00

2329.00 2530.00 3409.40 2745.00 2298.00

6200.00 4740.00 4399.00 4111.00 3390.00

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

30-MAY-2011

2322.81

1877.59

445.22

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

30-MAY-2011

644.80

786.76

-141.96

F&O TRADE STATISTICS PRODUCT

NO OF CONTRACTS

TURNOVER IN RS. CR.

PUT CALL RATIO

Index Futures Stock Futures Index Options Stock Options F&O Total

369089.00 485992.00 1891015.00 98028.00 2844124.00

9571.41 12327.86 52564.49 2480.77 76944.53

1.21 0.32 1.14

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9708.05

9720.73

9659.31

9719.61

25.88

0.27

Hang Seng

23686.77

23706.00

23598.39

23626.43

-57.70

-0.24

Taiwan KOSPI Jakarta

8999.84 2142.67 1076.40

9089.47 2152.95 1077.19

8999.84 2132.85 1062.93

9062.35 2141.34 1065.63

73.51 -1.13 -8.20

0.81 -0.05 -0.77

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5697

R3 5659

R2 5621

R1 5606

P 5583

S1 5568

S2 5545

S3 5507

S4 5469

OUTLOOK Trend: - Consolidate Resistance: - 5625 25, 5690 Support: - 5540, 5490 Strategy: - Buy on dips

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 11328

R3 11195

R2 11062

R1 11007

P 10929

S1 10874

S2 10796

S3 10663

S4 10530

OUTLOOK Trend: - Consolidate Resistance: - 11040, 11200 Support: - 10815, 10690 Strategy: - Buy on dips BANK NIFTY DAILY

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Stock Recommendation CapitalHeight’s

stock recommendation for 02/06/2011 is Reliance Capital. Capital

Reliance Capital has reversed on the daily chart taking support of trendline drawn from troughs of June 2010. The stock has ended up today more than 4% at 524.75 and next resistance from here is at 538 and 568. Given the positive market cues and Reliance ADAG shares, it correct further 5 – 10% in the near term. Our recommendation on Reliance Capital is BUY above 528 for the Target arget of 533 – 539.

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