HEADLINES -=6
Indian Market Indian equity markets up by 0.11% Nifty up by 6.65 pts and settle at 6016.15 Sensex up by 19.30 pts at 19784.08 Bank Nifty up by 9.20 pts at 12787.35
Global Market
DAILY EQUITY NEWSLETTER 7TH JANUARY 2013
European markets were down with FTSE down by 4.00 closed at 6043,CAC down by 20.72 closed at 3700 and DAX down by 19.31 closed at 7737. Dow future was down 7.00 closed at 13312.00
HEADLINES • Producing fields: OilMin allows RIL, Cairn to explore more • ONGC Videsh to close $900m foreign bond issue in Jan: Sources • Demerger process close to completion: Orient Papers • Hindustan Copper net profit down 21% during Apr-Nov
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MARKET ANALYSIS: Key benchmark indices extended gains for fourth day to settle at almost two year high after a survey showed that India's services sector grew at its strongest pace in three months during December 2012 The BSE Sensex was up 19.30 points or 0.1% to 19,784.08, its highest closing since 6 January 2011. The S&P CNX Nifty was up 6.65 points or 0.11% to 6,016.15, its highest closing since 6 January 2011. Among the 30-share Sensex pack, 15 rose while the rest of them declined. Shares of upstream oil companies rose as a committee set up under the chairmanship of Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister to look into the Production Sharing Contract Mechanism in petroleum industry, has suggested major changes in the current Production Sharing Contract Mechanism and changes in gas pricing. ONGC gained 1.43% to Rs 283.75. Oil India advanced 2.12% to Rs 481. Shares of state-run gas transmission major GAIL (India) rose 2.01% to Rs 370.95PSU OMCs jumped. HPCL (up 5.55%), BPCL (up 1.65%) and Indian Oil Corporation (up 3.65%) edged higher. IT pivotals rose as US lawmakers early this week reached a lastminute deal to avert the fiscal cliff. US is the biggest outsourcing market for the Indian IT firms. HCL Technologies rose 1.3%.
FII’s and DII’s
STOCKS TO WATCH TATA GLOBAL
CATEGORY
DATE
BUY
SELL
NET
ADANI
FII
4-Jan-13
3187.89
2023.48
1164.41
ALLAHABAD BANK
DII
4-Jan-13
1148.55
1973.95
-825.4
CANARA BANK
SCRIPS IN BAN PERIOD
NIFTY DAILY PIVOTS
PIVOT
R4
R3
R2
R1
PP
S1
S2
S3
S4
NIFTY
6122
6083
6044
6030
6005
5991
5966
5927
5888
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GAINERS AND LOOSERS
EXPERT OPINION NIFTY
DAILY NIFTY GAINERS SCRIPS
RATE
VOL.
PR.
NET
%
(000)
CLOSE
CHAN
CHANG
GE
E
Cairn India
337.15
4097.37
327.50
9.65
2.95
GAIL India
371.15
1860.96
363.35
7.80
2.15
BPCL
374.00
1781.91
366.25
7.75
2.12
ONGC
284.80
7743.32
279.80
5.00
1.79
BHEL
Nifty looks Consolidate
Strategy: Buy on dips
Support: 5980
Resistance: 6070 BANK NIFTY
242.80
3202.64
238.80
4.00
1.68
Bank Nifty looks Consolidate
Strategy: Buy on dips
Support: 12710
Resistance: 12850
.0
PREVIOUS PERFORMANCE TYPE
SCRIP
B/S
RESULT
CASH
BHARTI AIRTEL
B
TGT ACHIEVED
CASH
ICICI BANK
S
SL TRIGGERED
FUTURE
ALLAHBAD BANK
B
TGT ACHIEVED
FUTURE
ADANI ENTERPRISES
S
TGT ACHIEVED
DAILY NIFTY LOOSERS SCRIPS
Tata Steel Jindal Steel & Power
RATE
VOL.
PR.
NET
%
(000)
CLOSE
CHAN
CHAN
GE
GE
433.50
3643.15
442.30
-8.80
-1.99
457.80
2923.52
466.35
-8.55
-1.83
Hindalco
132.55
5796.72
134.40
-1.85
-1.38
Sesa Goa
201.70
1375.19
204.40
-2.70
-1.32
HDFC
837.70
2042.94
845.50
-7.80
-0.92
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MARKET CALLS CASH SCRIPS
ACTION
LEVEL
1ST TARGET
2ND TARGET
STOP LOSS
ALLAHABAD BANK
BUY
184.50
185.50
186.50
183.50
TATA GLOBAL
SELL
165.20
164.20
163.20
166.20
FUTURE SCRIPS
ACTION
LEVEL
ST
1
TARGET
ND
2
TARGET
STOP LOSS
. ADANI ENTERPRISES
SELL
278.20
276.20
274.20
280.20
CANARA BANK
BUY
530.50
534.50
538.50
528.50
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