WEEKLY NEWS Kingfisher to stay grounded on unclear source
of revival funds In the latest episode in the Kingfisher Airlines (KFA) saga, the airline management has failed to provide any clarity on a revival plan to the consortium of lenders as the meeting between the consortium of lenders and KFA management on Friday turned out to be another failed attempt to revive the company, reports CNBC-TV18's Gopika Gopakumar. Global shares, oil prices rebound on US budget
talk World equity and oil prices rebounded on Friday after
WEEKLY EQUITY NEWSLETTER 21ST JANUARY 2013
Republican leaders of the US House of Representatives said they would seek to break a budget impasse next week, while the yen hit a 31-month low against the US dollar ahead of potential asset purchases by the Bank of Japan.
HDFC Bank Q3 profit up 30%, challenges
MARKET UPDATE:-
ahead India's second largest private sector lender HDFC Bank
Nifty down by 91 pts and settle at 5951.00
on Friday reported a persistent 30% year-on-year jump in its third quarter net profit at Rs 1,859 crore, driven by robust growth in other income and loan expansions.
Bank Nifty down by 220 pts at 12617.00
http://www.epicresearch.co 09993959693
Since the last 30-31 successive quarters, the net profit growth has been in the range of 30-31%.
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MARKET ANALYSIS NEXT
BATCH OF Q3 DECEMBER 2012 RESULTS WILL SET THE TREND FOR THE EQUITY MARKET IN THE NEAR TERM. INVESTORS AND ANALYSTS WILL CLOSELY WATCH THE MANAGEMENT COMMENTARY THAT WOULD ACCOMPANY THE RESULT WHICH COULD CAUSE REVISION IN THEIR FUTURE EARNINGS FORECAST OF THE COMPANY FOR THE CURRENT YEAR AND OR NEXT YEAR. IN THE WEEK ENDED FRIDAY, 18 JANUARY 2013, THE BSE SENSEX ROSE 375.40 POINTS OR 1.91% TO 20,039.04, ITS HIGHEST CLOSING LEVEL SINCE 6 JANUARY 2011. THE 50-UNIT S&P CNX NIFTY ROSE 113.10 POINTS OR 1.90% TO 6,064.40 , ITS HIGHEST LEVEL SINCE 5 JANUARY 2011. AMONG THE 30 SENSEX SHARES, 17 FELL AND THE REMAINING SHARES ROSE. SHARES OF PUBLIC SECTOR OIL MARKETING COMPANIES (PSU OMCS) SURGED FOR THE SECOND STRAIGHT DAY AFTER INDIAN OIL CORPORATION (IOC) ON THURSDAY, 17 JANUARY 2013, SAID IT WILL RAISE DIESEL PRICES FROM FRIDAY, 18 JANUARY 2013, AFTER THE GOVERNMENT ON THURSDAY, 17 JANUARY 2013, ALLOWED PSU OMCS TO CHANGE DIESEL PRICES BY A SMALL MARGIN FROM TIME TO TIME. BPCL (UP 16.93%) AND HPCL (UP 11.34%), JUMPED. STATE-RUN OIL EXPLORER ONGC JUMPED 15.58% TO RS 337.50. THE STOCK HIT A 52-WEEK HIGH OF RS 354.10 ON FRIDAY, 18 JANUARY 2013.
.
EXPERT OPINION NIFTY WEEKLY PIVOTS
NIFTY
BANK NIFTY
Nifty looks Consolidate
Bank Nifty looks Consolidate
Strategy: Sell on rise
Strategy: Sell on rise
Support:5870
Support: 12500
Resistance: 6120
Resistance: 12740
NIFTY WEELY PIVOTS PIVOTS
R4
R3
R2
R1
PP
S1
S2
S3
S4
NIFTY
6399
6278
6157
6110
6036
5989
5915
5794
5673
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NIFTY WEEKLY CHART
WEEKLY BANK NIFTY CHART http://www.epicresearch.co
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ďƒ˜ GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS
RATE
VOL. (000)
PR.
NET
CLOSE
CHANGE
% CHANGE
BPCL
434.95
1230.95
370.75
64.20
17.32
ONGC DLF HCL Tech. NTPC
337.70 262.70 705.65 164.50
4817.80 2911.28 1707.15 1809.11
292.35 230.45 644.85 152.70
45.35 32.25 60.80 11.80
15.51 13.99 9.43 7.73
WEEKLY NIFTY LOOSERS . SCRIPS
RATE
VOL.
PR. CLOSE
(000)
NET
% CHANGE
CHANGE
M&M
886.00
974.77
937.90
-51.90
-5.53
Wipro
397.35
4507.55
419.95
-22.60
-5.38
Hero Moto
1764.10
324.71
1839.45
-75.35
-4.10
Reliance Infra
527.30
1438.31
547.90
-20.60
-3.76
Sesa Goa
187.15
1850.92
194.40
-7.25
-3.73
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