DAILY EQUITY REPORT 11TH APRIL 2014
Daily Equity Report Phone: 0731-6662200 E-mail: info@capitalstars.com
INDIAN MARKET
INDIAN FACE
INDICES
CLOSE
PREVIOUS
SENSEX
22715.33
22702.34
NIFTY
6796.40
6796.20
INDIAN EQUITY BENCHMARK ended with marginal gains as the Nifty slipped below 6800. Sesa Sterlite gained 2.07% after the company announced its production results for the Q4 and
ASIAN MARKET INDICES
CLOSE
PREVIOUS
NIKKEI
14300.12
12299.69
HANG SENG
23186.96
22843.17
KOSPI
1998.95
1993.03
full year ended 31 March 2014.
Further, RIL has again asked fertilizer companies to provide a guarantee for paying a higher price of gas despite Election Commission’s order.
SECTORIAL INDICES INDICES
CLOSE
CHANGE (%)
CNX 100
6703.45
0.17
Competition Commission of India has approved the
S&P CNX 500
5328.40
0.25
company’s proposed Rs 2,000 crore acquisition of Elder
CNX MIDCAP
8860.25
1.25
Pharma's formulations business in India and Nepal.
CNX 200
3968.55
0.92
BANK NIFTY
12949.40
0.09
Torrent
Pharmaceuticals
has
rallied
nearly
9%
that
GLOBAL FACE
TOP GAINERS SCRIPT
CLOSE
CHANGE (%)
TATA POWER
87.25
3.93
NTPC
124.00
2.86
BPCL
451.50
2.60
CAIRN
359.35
2.01
Asian stock markets traded mixed with China down after trade data figures that suggest distortions from hot money flows and trade credit and invoicing issues.
TOP LOSERS
Federal Reserve's most recent policy meeting lent support to
SCRIPT
CLOSE
CHANGE (%)
DRREDDY
2541.10
-3.17
SUNPHARMA
613
-2.70
HCL TECH
1352.00
-2.05
LUPIN
954.50
-1.94
www.capitalstars.com
European stocks market were higher, as the minutes of the
global equity markets, while investors eyed the Bank of England's policy statement later in the day.
U.S. stocks markets futures pointed to a lower ahead of the release of U.S. jobless claims data, although the minutes of the Federal Reserve's latest policy meeting still lent some support.
*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
MARKET MOVERS UPSIDE SCRIPT
CLOSE
RELIANCE
969
CHANGE (%) 0.7
COAL INDIA
292.15
1.4
SBI
2028.05
2.2
HDFC
927.25
0.5
Capital stars Market Analysis & Research Team
NIFTY SPOT TREND BULLISH S3 6714
S2
S1
6755
6776
PIVOT POINTS P
6797 SUPPORT S1-6700 S2-6670
NIFTY
STRATEGY BUY ON DIPS R1
R2
R3
6817
6839
6881
RESISTANCE R1-6830 R2-6870
MARKET MOVERS DOWNSIDE SCRIPT
CLOSE
TCS
2126.15
CHANGE (%) [0.7]
ITC
343.85
[1.2]
ONGC
321.95
[0.2]
INFOSYS
3201.20
[1.6]
FII & DII ACTIVITY INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
4303.6
1043.86
DII
1576.68
2040.46
NSE TOTALS INDICES
ADVANCES
DECLINES
NIFTY
23
26
BANK NIFTY
3
9
www.capitalstars.com
BANK NIFTY FUTURE TREND BULLISH S3 12634
S2
12826
BANK NIFTY
STRATEGY BUY ON DIPS
PIVOT POINTS P R1 R2 R3 13019 12895 13088 13211 13403 SUPPORT RESISTANCE S1-12400 R1-13230 S2-12150 R2-13350 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
to sell generic diabetes management drug Pioglitazone Tablets in
Adani Enterprises stock rallies 22%
the American market. Shares of Adani Enterprises gained 22% to hit its fresh 52-week high, While Adani ports and Adani Power rose as much as 11.4%
and 6%.Adani Enterprises has been on a roll since BJP announced
Piramal Enterprises surges on plans to divest stake in Vodafone
Narendra Modi as its PM candidate for the 2014 Lok Sabha Piramal Enterprises has moved higher by 6% after the company
elections on September 13.
agreed to divest its entire stake in Vodafone India for a total consideration of Rs 8,900 crore. Piramal had acquired these shares
Tata Motors hits record high, Citi raises target
at an average price of Rs 1,290 per share for a total consideration of Rs 5,864 crore in two tranches during the financial year 2011-12.
Shares in Tata Motors gained as much as 3.1 per cent after Citigroup raises its price target on the stock to 486 rupees from 421 rupees, citing the outlook for the Indian automaker's luxury unit Jaguar Land Rover. Citi says JLR is poised to become the world's
Cairn India gains on production growth in FY14
fourth biggest luxury car maker on the back of new launches in the next 15-18 months.
Cairn India is trading higher by 1.7% to Rs 357 after reporting 11% year on year growth in oil and gas production to 20.20 million
Lupin gets USFDA approval for diabetes management drug
barrels of oil equivalent during fourth quarter of 2013-2014. In Q4
Lupin has received final approval from the US health regulator
equivalent per day.
FY2014, average gross operated production and working interest production were 11% and 13% higher at 224,429 barrels of oil
DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary authority over your trading or investment accounts. All rights reserved. www.capitalstars.com
*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