HEADLINES -=6
Indian Market Indian equity markets up by 0.42% Nifty up by 25.20 pts and settle at 6064.40 Sensex up by 75.01 pts at 20039.00 Bank Nifty up by 30.40 pts at 12680.00
DAILY EQUITY NEWSLETTER 21ST JANUARY 2013
Global Market European markets were up with FTSE up by 26.98 closed at 6159 ,CAC up by 9.81 closed at 3753 and DAX down by 2.03 closed at 7733. Dow future was down 6.00 closed at 13548.00
HEADLINES • HDFC Bank Q3 profit up 30%, challenge lies ahead • Q4 to be challenging, can't meet margin guidance: Exide • ITC beats street with Q3 net profit of Rs 2,052 cr, up 21% • M&M Financial Q3 profit rises 36% to Rs 216 cr, stock down
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MARKET ANALYSIS: Key benchmark indices edged higher in choppy trade after the government on Thursday, 17 January 2013, allowed PSU OMCs to increase diesel prices by a small margin from time to time, a decision aimed at reducing the government's oil subsidy burden and fiscal deficit and improve the government's finances. Data showing recovery in China's economy in Q4 December 2012 also boosted sentiment as Indian stocks advanced for the second day in a row today, 18 January 2013. China is the world's second biggest economy after the United States. BSE Sensex was up 52.14 points or 0.26% to 20,016.17. S&P CNX Nifty was up 19.10 points or 0.32% to 6,058.30 Among the 30-share Sensex pack, 16 gained while the rest of them fell HDFC Bank fell 0.44% to Rs 663.95 as the bank's gross NPA ratio rose on sequential basis. Wipro slumped 7.68%. Wipro expects revenues from IT Services business at $1.585 billion to $1.625 billion in Q4 March 2013. Metal stocks were mostly lower. Sterlite Industries, Jindal Steel & Power, Tata Steel and Sail shed by 1.03% to 2.47%. Hero MotoCorp slumped 2.67% on weak Q3 results. Mahindra & Mahindra Financial Services lost 1.53%. The company's consolidated net profit jumped 35.71% to Rs 216.20 crore on 37.83% growth in total income to Rs 1062.03 crore in Q3 December 2012 over Q3 December 2011.
FII’s and DII’s
STOCKS TO WATCH APOLLO TYRE
CATEGORY
DATE
BUY
SELL
NET
ADANI ENT
FII
18-Jan-13
4327.82
3162.13
1165.69
IDEA
DII
18-Jan-13
1664.39
2632
-967.61
TATA MOTORS
SCRIPS IN BAN PERIOD
NIFTY DAILY PIVOTS PIVOT NIFTY
R4 6170
R3 6135
R2 6100
R1 6082
PP 6065
S1 6047
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S2 6030
S3 5995
SUZLON
PUNJLLOYD
IVRCLINFRA
HDIL
S4 5960
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.
GAINERS AND LOOSERS
EXPERT OPINION NIFTY
DAILY NIFTY GAINERS SCRIPS
RATE
VOL.
PR.
NET
%
(000)
CLOSE
CHAN
CHANG
GE
E
BPCL
434.95
9101.91
396.15
38.80
9.79
ONGC
337.70
23739.13
314.45
23.25
7.39
Nifty looks Consolidate
Strategy: Sell on rise
Support: 6020
Resistance: 6100 BANK NIFTY
NTPC
164.50
5786.29
157.10
7.40
4.71
Maruti Suzuki
1547.45
1741.93
1494.10
53.35
3.57
Bank Of Baroda
884.65
1037.47
867.00
17.65
2.04
Bank Nifty looks Consolidate
Strategy: Sell on rise
Support: 12610
Resistance: 12750
.0
PREVIOUS PERFORMANCE TYPE
SCRIP
B/S
RESULT
CASH
POWER GRID
S
CASH
TATA POWER
B
FUTURE
SESA GOA
S
SL TRIGERRED
FUTURE
CANARA BANK
B
NOT EXECUTED
DAILY NIFTY LOOSERS SCRIPS
Wipro Hero MotoCorp Dr Reddys Jindal Steel Hindustan Unilever
RATE
VOL.
PR.
NET
%
(000)
CLOSE
CHAN
CHAN
GE
GE
397.35
8013.52
430.70
-33.35
-7.74
1764.10
1406.38
1818.70
-54.60
-3.00
1891.15
357.50
1938.50
-47.35
-2.44
422.85
1157.21
431.65
-8.80
-2.04
490.40
3953.99
500.55
-10.15
-2.03
UPCOMING RESULTS DB CORP HDFC JUBILANT IND WELSPUN
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NOT EXECUTED NOT EXECUTED
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MARKET CALLS CASH SCRIPS
ACTION
LEVEL
1ST TARGET
2ND TARGET
STOP LOSS
APOLLO TYRE
SELL
87.00
86.50
85.75
87.50
IDEA
BUY
117.50
118.00
118.75
117.00
FUTURE SCRIPS
ACTION
LEVEL
ST
1
TARGET
ND
2
TARGET
STOP LOSS
. ADANI ENT
SELL
267.00
265.00
262.00
270.00
TATA MOTORS
BUY
330.50
332.50
335.50
328.50
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