CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 2ND FEBRUARY 2015
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDICES
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SENSEX
29182.95
29681.77
NIFTY
8808.90
8952.35
INDIAN EQUITY BENCHMARK ended the session on a lower note with Nifty breaking ten-day winning streak as investors
ASIAN MARKET
turned cautious and booked profits at higher levels. Also,
INDICES
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lower than expected corporate earnings posted by blue chip
NIKKEI
17,674.39
17,606.22
companies such as Dr Reddy’s Lab, ICICI Bank
HANG SENG
24,507.05
24,595.85
KOSPI
1,949.26
1,951.02
Further, NTPC rose 1.37% after company's net profit rose 7.43% to Rs3074 crore on 1.27% declined in total income to
SECTORIAL INDICES
Rs19339.37 crore in Q3 December 2014 over Q3 December
INDICES
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CHANGE (%)
CNX 100
8,794.95
-1.45
S&P CNX 500
7,166.70
-1.25
CNX MIDCAP
13,124.10
-0.42
stake in Coal India, the largest coal producer in the world, was
CNX 200
4,542.00
-1.33
fully covered by mid-afternoon, helped by strong demand
BANK NIFTY
19843.75
-3.34
2013.
Coal India fell 3.87% after the government's sale of a 10%
from portfolio investors, data from stock exchanges showed.
TOP GAINERS
GLOBAL FACE
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CHANGE (%)
HCLTECH
1794.35
8.82
91.40
3.69
DLF
171.05
2.64
counter persistent concerns over global growth and sagging
BPCL
751.00
2.34
Chinese shares.
TATAPOWER
TOP LOSERS
territory, as a late earnings-led surge on Wall Street helped
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CHANGE (%)
BANKBARODA
192.20
-11.49
SBIN
309.30
-5.41
ICICBANK
360.25
-5.27
PNB
189.25
-4.95
Asian shares wavered between positive and negative
European shares edged higher and headed for its best monthly performance in three years, with positive German retail sales data improving sentiment and helping the benchmark DAX index
US stock index futures poised for a lower opening at the Wall Street on Friday.
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT
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WIPRO
606.55
CHANGE (%) 0.64
NTPC
143.65
1.27
S3
S2
S1
1791.75
8.66
8417
8638
8723
291.75
1.34
HCL TECH BHEL
TREND
STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS P R1 R2
8860
8945
SUPPORT S1-8785 S2-8705
NIFTY
9081
R3
9303
RESISTANCE R1-8950 R2-9015
MARKET MOVERS DOWNSIDE SCRIPT
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TCS
2482.05
CHANGE (%) [2.46]
ONGC
351.35
[0.16]
RELIANCE
915.25
[1.52]
ITC
368.55
[0.45]
FII & DII ACTIVITY INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
6145.72
6917.27
DII
2281.99
2319.59
NSE TOTALS
BANK NIFTY FUTURE TREND BULLISH PIVOT POINTS S3
18511
INDICES
ADVANCES
DECLINES
NIFTY
16
34
BANK NIFTY
0
12
STRATEGY BUY ON DIPS
S2
S1
P
R1
19360
19677
20208
20526
BANK NIFTY
SUPPORT S1-19825 S2-19555
R2
R3
21057
21906
RESISTANCE R1-20475 R2-20625
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r
MARKET TALKS
Rs7500 crore. Proceeds from the issue will be utilized to fund a
SpiceJet board approves up to $243 mn share sale plan
portion of the ongoing capital expenditure, increase investments in subsidiaries to support future growth opportunities.
SpiceJet said that its board has approved selling shares worth up to Rs15 billion ($242.6 million) in the company, following a deal between
its current majority owner and a co-founder leading a rescue plan.
Bharti Airtel falls 2% on stake sale plans to Kotak Bank
Ajay Singh, who helped found the airline in 2005, agreed this month to buy a controlling stake from billionaire majority owner Kalanithi
Shares of Bharti Airtel falls 2% to Rs368.80 on NSE on plans to
Maran's Sun Group in a bid to turn around the money-losing airline.
sell 19.39% stake in its payment banking venture to Kotak Mahindra Bank – Positive for Kotak Bank as well as Bharti Airtel
Bharti Airtel announced that it’s wholly owned subsidiary Airtel M
Igarashi Motors open offer priced at Rs307.92/share
Commerce Services Limited (AMSL) is seeking to convert its existing Prepaid Payment Instrument license into a Payments
Rico Igarashi Motors open offer priced at Rs307.92/share (10% discount to CMP Rs337); sentimentally negative. lgarashi Electric Works Limited, Japan and MAPE Advisory Group Private Limited
Government to infuse funds into stalled road projects
have agreed to buy the entire stake of 97.9% held by Blackstone Capital in Agile Electric Sub Assembly Private Limited (Igarashi
The road ministry has proposed to allow road developers to
Promoter) which has triggered the open offer.
borrow additional funds from the NHAI required to complete stalled projects at a rate lower than that offered by banks. The
Tata Motors to raise Rs7,500 crore via rights issue
move if implemented will help the execution of stalled projects which were unable to complete owing to want of funds and banks unable to lend additional loans. The development is positive for
Tata Motors management has proposed a rights issue to the tune of
the road sector especially players like IRB Infrastructure.
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