CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 27TH AUGUST 2014
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN FACE
INDIAN MARKET INDICES
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PREVIOUS
SENSEX
26442.81
26437.02
NIFTY
7904.75
7906.30
INDIAN EQUITY BENCHMARK ended flat, amid a volatile trading session, even metal stocks rebounded while power stocks extended losses after the apex court's verdict on coal
ASIAN MARKET INDICES
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NIKKEI
15521.22
15613.25
HANG SENG
25074.50
25166.91
KOSPI
2068.05
2060.89
block allocations.
Further, Tata Power fell another 2.8 percent on the Supreme Court’s order that stayed an interim order of the Appellate Tribunal for Electricity (APTEL) to allow payment of
SECTORIAL INDICES
compensatory tariffs.
INDICES
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CHANGE (%)
CNX 100
7839.80
-0.03
S&P CNX 500
6328.45
-0.06
Court declared that coal blocks allocated between 1993 and
CNX MIDCAP
11122.95
0.19
2010 as illegal.
CNX 200
4016.60
-0.01
BANK NIFTY
15624.10
-0.29
TOP GAINERS
GLOBAL FACE
SCRIPT
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CHANGE (%)
HINDALCO
171.15
3.82
TATA STEEL
524.95
2.53
LUPIN
1287.10
1.88
BHEL
236.00
1.61
Shares of Jindal Steel and Power was down 6% after Supreme
Asian stock markets were held firm while the euro hit oneyear lows as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.
European stocks markets were mostly lower, as mounting tensions between Russia and Ukraine weighed on market
TOP LOSERS
sentiment, although hopes for further stimulus measures by
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CHANGE (%)
JINDAL STEEL
237.75
-6.19
IDFC
142.90
-2.79
ACC
1490.05
-2.72
TATA POWER
87.95
-2.71
the European Central Bank continued to support.
U.S. stocks market were little changed, with investors finding few reasons to buy after a rally in the previous session that took the S&P 500 above 2,000 for the first time.
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
TCS
2533.80
CHANGE (%) 0.47
ITC
352.45
0.9
SCRIPT
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SUN PHARMA HDFC
864.95 1061.95
1.34 0.53
NIFTY SPOT S3 7788
TREND
STRATEGY
BULLISH
BUY ON DIPS
S2 7841
PIVOT POINTS P R1
S1
7872
7894
7925
SUPPORT S1-7850 S2-7780
NIFTY
R2
R3
7947
8000
RESISTANCE R1-7915 R2-7970
MARKET MOVERS DOWNSIDE SCRIPT
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ONGC
418.00
CHANGE (%) [2.51]
RELIANCE
993.35
[0.25]
COAL INDIA
356.60
[0.57]
INFOYS
3624.15
[0.1]
FII & DII ACTIVITY INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1252.79
1207.08
BANK NIFTY FUTURE TREND BULLISH PIVOT POINTS S3
NSE TOTALS
15251
INDICES
ADVANCES
DECLINES
NIFTY
24
26
BANK NIFTY
3
9
STRATEGY BUY ON DIPS
S2
S1
P
R1
15436
15548
15621
15733
BANK NIFTY
SUPPORT S1-15510 S2-15450
R2
R3
15805 15990 RESISTANCE R1-15695 R2-15975
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r
MARKET TALKS
split each equity share of face value Rs5 each into five equity shares of Re1 each., with trading starting as of today, (August 26, 2014).
L&T signs contract for 225 Mw Bangladesh Power Development Board and Larsen & Toubro (L&T) have signed a contract to set up a 225 megawatt, gas-based power
plant in sikalbaha, Chittagong in Bangladesh. The contract, which is
Strides Arcolab receives USFDA approval for Buspirone Tablets
valued at about $200 million, was secured by L&T in May, 2014. Strides Arcolab announced that it has received approval from the
United States Food & Drug Administration (USFDA) for Buspirone
Reliance Power opts out of gas-fired power plant in Dadri
Hydrochloride Tablets USP, 5 mg, 10 mg, 15 mg and 30 mg. The product will be manufactured at the Company's oral dosage facility at Bangalore and the short term relief of the symptoms of anxiety.
Reliance Power told the Supreme Court that it wasn't interested in setting up gas-fired power plant in Dadri, Uttar Pradesh, any more and would return about 956 acres of land acquired for the company
ONGC slumps disinvestment
on
reports
of
to the state government. It's up to the court to finally accept the
company's offer. Rpower is not ready to set up the plant due to
ONGC fell nearly 4%, on reports of disinvestment. Government has
legal issues attached with it regarding land acquired for the project.
decided to disinvest 5% stake in the company via offer for sale mechanism. The procedure of disinvestment is expected to be
Havells India rises after stock split Havells India jumped over 12% and after stock split. Havells India
completed by the end of the month of September. The Government currently holds 69% stake in the company and will possibly collect approximately Rs18,250 crore through the stake sale.
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