Special report by epic research 9 january 2014

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DAILY REPORT 09th JANUARY. 2014

Global markets at a glance Japan's Nikkei share average fell on Thursday morning after rising sharply on the previous day, as investors stayed risk averse before the release of U.S. nonfarm payroll data on Friday. Eyes will now be on Friday's nonfarm payroll report, which will indicate how the U.S. economy is faring and therefore how fast the Federal Reserve will scale back stimulus. Asian shares got off to a weak start on Thursday after a lackluster performance on Wall Street overnight and ahead of Chinese inflation data, while the dollar stood tall against a basket of currencies.

World Indices

Wall Street Update The S&P 500 finished nearly flat on Wednesday as equity indexes had a muted reaction to the minutes from the US Federal Reserve's most recent meeting, while Micron's strong results helped buoy the Nasdaq. The Fed’s bond purchases had been understood to weigh on the dollar .the fact that the minutes do not meaningfully alter the outlook for a gradual and steady reduction in Fed stimulus remains positive for the dollar

Company

Index

Value

% Change

14462.74

-68.20

S&P 500

1837.49

-0.02

NASDAQ EURO STO FTSE 100

4165.61 3110.65 6721.78

12.43 -0.01 -0.50

Nikkei 225 Hong Kong

15898.55 23,022.88

-1.38 +0.11

DJl

Top Gainers CMP

Change

% Chg

COAL INDIA

288.90

13.55

+4.92

CIPLA

404.00

13.15

+3.36

GAIL

346.15

8.15

+2.41

BANKBARODA

630.00

13.20

+2.14

TATAPOWER

81.10

1.55

+1.95

CMP

Change

% Chg

1,208.10 316.80 998.00 473.00 162.55

26.15 6.75 20.70 7.40 2.45

-2.12 -2.09 -2.03 -1.54 -1.48

Prev. Close

Change

%Chg

ABAN

434.50

9.70

+2.28

ARVIND

153.05

0.60

-0.39

BFUITLITIE

640.60

30.50

5.00

HCLTECH

1,247.80

8.55

-0.68

MARUTI

1,850.40

4.65

+0.25

Prev. Close

Change

%Chg

CMP

Change

% Chg

6,174.60 20,729.38

+12.35 +36.14

+0.20 +0.17

Top Losers Company

Previous day Roundup The market snapped five-day losing streak on Wednesday and closed higher for the first time in 2014, though overall it was a consolidation day ahead of Q3 earnings. The Sensex rose 36.14 points to 20,729.38, and the Nifty climbed 12.35 points to 6,174.60 while the broader markets outperformed benchmarks. The BSE Midcap Index advanced 0.6 percent and Smallcap gained 0.3 percent. Advancing shares outnumbered declining ones by a ratio of 1499 to 1043 on the BSE. The market is eagerly waiting for third quarter earnings (October-December) that will start on Friday with Infosys announcing results. Index stats The Market was very volatile in yesterday session where Bank and Bank Nifty both closed almost flat (up.0.14% and up 0.15% respectively). Among the sartorial indices the sectors which were up are; AUTO [up 85.57pts], PSU [up 46.25pts], TECK [up 3.29pts], Oil & Gas [up 29.16 pts], Metals [up 41.18 pts], , IT [up 7.47pts], Healthcare [up 104.44pts], FMCG [up 11.33pts] and the index declined were Realty [down 6.19pts], Power [down 0.43pts], Capital Good down 133.33pts,Consumer Durables down 34.00pts.

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