Daily Equity Market Report-11 Feb 2015

Page 1

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY EQUITY REPORT 11TH february 2015


CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report INDIAN MARKET

INDIAN FACE

INDICES

CLOSE

PREVIOUS

SENSEX

28355.62

28,227.39

NIFTY

8565.55

8526.35

INDIAN EQUITY BENCHMARK snapped their seven-day losing streak, amid a volatile trading session, with bank and auto

ASIAN MARKET

shares leading the gains. Further, Indian corporate leaders

INDICES

CLOSE

PREVIOUS

have welcomed the landslide victory of the Aam Admi Party

NIKKEI

17,652.68

17,711.93

in New Delhi and say the change will lead to good governance.

HANG SENG

24,528.10

24,521.00

KOSPI

1,935.86

1,947.00

SECTORIAL INDICES

Further, Jyoti Structures dropped 5.76% after the company reported net loss of Rs93.70 crore in Q3 December 2014

INDICES

CLOSE

CHANGE (%)

CNX 100

8,547.70

0.56

S&P CNX 500

6959.90

0.54

CNX MIDCAP

12,616.55

0.68

CNX 200

4,408.60

0.56

BANK NIFTY

18,752.50

1.89

compared with net profit of Rs13.88 crore in Q3 December 2013.

Hindalco Industries rose 1.88% after its overseas subsidiary Novelis reported strong earnings in Q3 December 2014 yesterday, February 09, 2015.

TOP GAINERS

GLOBAL FACE

SCRIPT

CLOSE

CHANGE (%)

TATAMOTORS

563.70

3.88

ACC

1567.00

3.85

ICICI BANK

331.90

3.70

sapped risk appetite, while the dollar lost steam after its

SBIN

289.75

3.67

payrolls-inspired rally.

TOP LOSERS

withdrawing from the euro and escalating conflict in Ukraine

SCRIPT

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CHANGE (%)

TCS

2445.50

-2.68

HCLTECH

1941.70

-2.64

HDFC

1241.45

-2.40

SUNPHARMA

923.00

-1.96

Asian shares slipped as nervousness over Greece potentially

European shares fell for a second day; with energy stocks hurt most after crude prices slid again on concerns about oil demand in China.

US stock futures poised for a lower opening at the Wall Street on Tuesday.


CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report MARKET MOVERS UPSIDE

NIFTY SPOT

SCRIPT

CLOSE

ITC

369.90

CHANGE (%) 0.54

INFOSYS

2278.30

1.31

S3

S2

S1

1.38

8209

8385

8475

HDFC BANK COAL INDIA

1054.45 368.15

2.08

TREND

STRATEGY

BULLISH

BUY ON DIPS PIVOT POINTS P R1

8560

8651

SUPPORT S1-8495 S2-8455

NIFTY

R2

R3

8736

8912

RESISTANCE R1-8685 R2-8725

MARKET MOVERS DOWNSIDE SCRIPT

CLOSE

TCS

2441.15

CHANGE (%) [2.86]

ONGC

354.65

[0.48]

RELIANCE

882.00

[1.64]

HDFC

1246.15

[2.03]

FII & DII ACTIVITY INSTITUTION

NET BUY (CR.)

NET SELL (CR)

FII

4328.70

-1261.19

DII

2442.08

851.32

BANK NIFTY FUTURE TREND BULLISH PIVOT POINTS S3

NSE TOTALS

17263

INDICES

ADVANCES

DECLINES

NIFTY

32

17

BANK NIFTY

9

2

STRATEGY BUY ON DIPS

S2

S1

P

R1

17993

18423

18724

19154

BANK NIFTY

SUPPORT S1-18450 S2-18305

R2

R3

19455

20185

RESISTANCE R1-19050 R2-19250


CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report r

MARKET TALKS

At a price of Rs.283.5 per share on a preferential basis to LIC

Cipla rises on entering into JV with Cooper Pharma and Phi

and new India assurance. The price is ~22% premium to current market price and hence sentimentally positive for the stock.

Shares of Cipla gained 2% at Rs638 after it entered into a joint venture agreement with Morocco-based Society Marciano De Cooperation

Pharmaceutique

(Cooper

Pharma)

and

The

Globus Spirits invest 10,000 AED in its UAE subsidiary

Pharmaceutical Institute (PHI) to enhance its position in the African country. Cipla has entered into a joint venture (JV) agreement with

Globus Spirits announced that the Company had formed a Wholly

Company's existing business partners in Morocco.

owned subsidiary in the name of Globus Trade Bay in the offshore zone of the Emirate of Ras Al Khaimah, United Arab

Emirates. Subsequently, the Company has invested 10,000 AED

Adani Entertainment up after signing deal with Rajasthan Govt

in its wholly owned subsidiary vide dated February 09, 2015 towards initial subscription money required in forming of the said WOS.

Shares of Adani Enterprises rose over 3%, touching to Rs631, after the company said it signed a pact with the Rajasthan government to develop the country's largest solar park in the state. Adani Enterprises and Government of Rajasthan have signed a Memorandum of

Lupin gets USFDA’s approval for Viread

tentative

Understanding (MoU) to jointly set up India's largest solar park of 10,000 MW in Rajasthan.

Lupin gets USFDA’s tentative ANDA approval for antiretroviral drug generic Viread (market size ~US$1bn)-positive.Lupin has

Bank of India plans to raise Rs640 crore

got tentative approval for genetic version of antiretroviral drug Viread (tenofovir disoproxil fumarate) from the USFDA.The drug is currently marketed by Gilead Sciences and it is patent-

Bank of India plans to raise Rs640 crore by selling 2.26 crore shares

protected up to January 2018.

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