DAILY EQUITY REPORT 13TH MAY 2014
Daily Equity Report Phone: 0731-6662200 E-mail: info@capitalstars.com
INDIAN MARKET
INDIAN FACE
INDICES
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SENSEX
23551.00
22994.23
NIFTY
7014.25
6858.80
INDIAN EQUITY BENCHMARK got off to a flying start to end at new record highs on Monday in anticipation that the exit polls slated for release later today would signal business-friendly
ASIAN MARKET INDICES
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NIKKEI
14149.52
14199.59
HANG SENG
22261.61
21862.99
KOSPI
1964.94
1956.55
Bharatiya Janata Party winning majority in the general elections.
Further, Bank of India
recorded a 4 per cent decline in net
profit to Rs 162.44 crore in the fourth quarter ended March 31.
SECTORIAL INDICES INDICES
CHANGE (%)
CNX 100
6898.70
2.11
S&P CNX 500
5479.70
1.93
CNX MIDCAP
9052.65
0.99
CNX 200
3509.80
2.03
BANK NIFTY
14085.05
2.43
TOP GAINERS
Dena Bank reported a 49 per cent jump in net profit to Rs 187.28 crore in the fourth quarter ended March 31.
GLOBAL FACE
Asian stock markets were mixed, with shares in China and Hong Kong rallying sharply amid speculation the government
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CHANGE (%)
COAL INDIA
327.50
6.11
POWERGRID
112.50
5.29
GRASIM
2851.60
4.75
HDFC BANK
791.90
4.64
TOP LOSERS SCRIPT
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CHANGE (%)
MCDOWELL-N
2701.95
-2.72
SUNPHARMA
615.00
-1.46
CIPLA
387.90
-1.12
HINDALCO
142.65
-1.01
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will take steps to boost equities.
European stocks markets were mostly higher, still supported by European Central Bank President Mario Draghi's comments the week before.
U.S. stocks markets pointed to a higher, as trading volumes were expected to remain light in the absence of any major U.S. economic reports.
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CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6662200, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com
Daily Equity Report
r
MARKET MOVERS UPSIDE SCRIPT
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RELIANCE
1028.70
CHANGE (%) 3.1
ONGC
358.60
3.1
ITC
359.15
3.9
COAL INDIA
331.05
7.3
Capital stars Market Analysis & Research Team
NIFTY SPOT TREND BULLISH S3 6651
S2
S1
6808
6911
PIVOT POINTS P
6965 SUPPORT S1-6860 S2-6750
NIFTY
STRATEGY BUY ON DIPS R1
R2
R3
7068
7122
7280
RESISTANCE R1-7020 R2-7070
MARKET MOVERS DOWNSIDE SCRIPT
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SUN PHARMA
613.35
CHANGE (%) [1.7]
WIPRO
511.95
[0.4]
LUPIN
959.05
[0.7]
UNITD SPIRIT
2700.15
[2.8]
FII & DII ACTIVITY INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
4671.34
3402.56
DII
1670.16
1745.46
TREND BULLISH S3 13400
NSE TOTALS INDICES
ADVANCES
DECLINES
NIFTY
43
7
BANK NIFTY
11
1
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BANK NIFTY FUTURE S2
13760
BANK NIFTY
STRATEGY BUY ON DIPS
PIVOT POINTS P R1 R2 R3 14120 13981 14341 14480 14840 SUPPORT RESISTANCE S1-13900 R1-14260 S2-13760 R2-14340 S1
*Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6662200, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com
Daily Equity Report r Capital stars Market Analysis & Research Team
MARKET TALKS
GAIL India stock expansion plans
up
3%
refinance its existing debt.The issue made in the name of Bharti
on
Airtel International BV is being guaranteed by Bharti Airtel Ltd.
Shares of GAIL India Ltd was up 3% on report that the company plans to invest in upstream hydrocarbon assets overseas. The
company plans to spend $500-700 million to pick up minority stakes
Torrent Pharmaceuticals revenue up 30%
FY13-14
in US shale assets and also some conventional hydrocarbon Torrent Pharma has reported 120 percent jump in net profit for the
projects in Africa.
quarter ended March 31 to Rs 244 crore, as against Rs 111 crore in
Corporation Bank weak Q4 earnings
tumbles
the year-ago period. The company's revenue rose 41 percent during
after
the January-March quarter to Rs 1,225 crore from Rs 871 crore in the same quarter of previous year.
Corporation Bank today reported a sharp 88.3 per cent decline in net profit at Rs 41.57 crore for the fourth quarter ended March 31, 2013-14 due to higher provisioning and rise in bad loans. The total income of the bank, however, increased to Rs 5,032.62 crore during
Syndicate Bank to raise Rs. 2,650 cr in FY15
January-March quarter of 2013-14, from Rs 4,635.50 crore in the corresponding period a year ago.
Syndicate Bank plans to raise fresh capital of Rs 2,650 crore in the current financial year. Of this, Rs 1,500 crore will be equity capital
Bharti Airtel plans to raise funds
and the amount will be raised via Basel-III complaint Tier-II bonds. The bank will considering options like qualified institutional
Bharti Airtel is planning to raise $2 billion throughout the year to
placement, rights issue and follow-on public offer for raising equity.
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*Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6662200, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com