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Daily Newsletter Newsletter-Equity 01/06/2011

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MARKET WRAP Indian equity market ended up 1.70%; Nifty up 87 pts and Sensex up 272 pts. India’s Q4 GDP came at 7.8% vs. 8.2%, FY11 GDP came at 8.5% vs. 8% y/y. European markets were in green with DAX leading, Dow future was up 47 pts. Indian equity market ended up 1.70% on higher FY11 gross domestic product, tracking positive global cues as Nifty gained 87 pts to end at 5560 while Sensex was up by 272pts to settle at 18503. European markets were in green with FTSE up 56 pts at 5996, DAX up 139 pts at 7299 & CAC up 57 pts at 3999. Dow future was up 47 pts.

MARKET PERFORMANCE NSE GAINERS COMPANY NAME Jenson & Nicholson KDL Biotech Vimta Labs Rajapalayam Mills Kopran

CURRENT 4.95 7.65 28.50 613.45 25.40

PREV. CLOSE(RS) 4.10 6.35 23.75 511.20 21.40

CANG.(RS) 0.85 1.30 4.75 102.25 4.00

CHAG.(%) 20.73 20.47 20.00 20.00 18.69

CURRENT 66.25 77.50 19.50 20.15 2.15

PREV. CLOSE(RS) 100.95 96.85 24.25 22.80 2.40

CANG.(RS) -34.70 -19.35 -4.75 -2.65 -0.25

CHAG.(%) -34.37 -19.98 -19.59 -11.62 -10.42

NSE LOSERS COMPANY NAME Smartlink NetworkSys Sanghvi Forging Paramount Printpack Ashapura Minechem Nicco Corpn

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SECTORIAL INDICES INDEX

P.CLOSE

OPEN

HIGH

LOW

LAST

% CHANGE

S&P CNX NIFTY

5473.10

5492.00

5571.60

5489.70

5560.15

1.59

CNX NIFTY JUNIOR

11241.20

11235.25

11475.40

11235.25

11444.15

1.81

CNX IT

6515.90

6533.45

6604.40

6525.10

6538.50

0.35

BANK NIFTY

10781.45

10828.95

11036.75

10819.45

11020.85

2.22

INDIA VIX

17.87

17.87

17.87

16.67

16.82

-5.87

CNX 100

5411.05

5426.55

5508.35

5426.55

5499.05

1.63

S&P CNX DEFTY

4207.65

4230.25

4286.80

4228.50

4276.70

1.64

S&P CNX 500

4421.65

4431.90

4497.55

4431.90

4492.90

1.61

CNX MIDCAP

7945.90

7946.40

8072.05

7946.40

8064.80

1.50

NIFTY MIDCAP 50

2471.80

2472.55

2512.10

2472.55

2509.00

1.50

CNX INFRA

2931.00

2936.55

2980.95

2936.55

2975.10

1.50

CNX REALTY

281.50

280.90

289.65

280.90

289.25

2.75

CNX ENERGY

8675.05

8698.65

8806.15

8681.65

8784.10

1.26

CNX FMCG

9603.00

9610.45

9838.95

9610.45

9827.65

2.34

CNX MNC

4953.80

4956.10

5000.45

4953.05

4992.30

0.78

CNX PHARMA

4736.70

4755.15

4828.25

4755.15

4822.75

1.82

CNX PSE

3326.55

3322.10

3364.90

3318.00

3358.95

0.97

CNX PSU BANK

3804.60

3817.45

3903.70

3817.45

3889.45

2.23

CNX SERVICE

6613.45

6634.95

6728.25

6631.95

6713.50

1.51

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NSE STATS ADVANCES DECLINES UNCHANGED

47 2 1

INDEX MOVERS (PULLING IT UP) COMPANY NAME HDFC Bank ITC RIL HDFC SBI

CONTRIBUTION 10.94 10.23 7.29 6.73 5.22

INDEX MOVERS (PULLING IT DOWN) COMPANY NAME SAIL Cipla -

CONTRIBUTION -0.20 -0.59 -

VOLUME SHOCKERS Company Name

Last Price

% Chg

Last Volume

Prev Volume

% Chg

AIA Engineering Shalimar Paints Tata Inv Corp Sundarmfin Prestige Estate

360.05 799.35 491.60 496.05 149.55

-4.22 4.71 0.91 1.34 6.94

158317.00 263371.00 58540.00 46102.00 314785.00

2098.00 5021.00 1122.00 1336.00 10519.00

7446.00 5145.00 5117.00 3351.00 2893.00

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FII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

30-MAY-2011

6271.32

4960.34

1310.98

DII TRADING ACTIVITY (NSE & BSE) In Crores CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

DII

30-MAY-2011

1170.34

1767.00

-596.66

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

483179.00 550923.00 2452600.00 106928.00 3593630.00

12345.21 13952.37 67738.30 2634.20 96670.08

1.10 0.32 1.05

ASIAN MARKETS Name

Open

High

Low

Current Value

Change

% Chg

Nikkei 225

9,500.60

9,697.35

9,497.40

9,693.73

188.76

1.95

Hang Seng

23,380.29

23,707.95

23,371.48

23,684.13

499.81

2.11

Taiwan KOSPI Jakarta

8,860.58 2,104.16 3,826.32

9,003.60 2,146.79 3,841.43

8,860.58 2,102.77 3,819.31

8,988.84 2,142.47 3,836.97

165.16 48.68 10.83

1.84 2.27 0.28

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TECHNICAL VIEW NIFTY DAILY PIVOT SCRIPT NIFTY

R4 5789

R3 5706

R2 5623

R1 5592

P 5540

S1 5509

S2 5457

S3 5374

S4 5291

OUTLOOK Trend: - Consolidate Resistance: - 5605, 5690 Support: - 5540, 5490 Strategy: - Buy on dips

NIFTY DAILY

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BANK NIFTY DAILY PIVOT SCRIPT BANK NIFTY

R4 11510

R3 11295

R2 11080

R1 10999

P 10865

S1 10784

S2 10650

S3 10435

S4 10220

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 01/06/2011 is Lupin Pharma.

Lupin Pharmaceuticals is in overall uptrend making higher tops and higher bottoms and stock today has made a consolidation break out above 456 & ended up more than 3% at 469.90.. It has taken resistance of its previous level of 473, which if broken given the positive view on pharmaceutical harmaceutical sector, then it can test the level of 490 in near term. Our recommendation on Lupin Pharma is BUY above 472 for the Target of 476 – 482.

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