WEEKLY EQUITY REPORT 29TH SEPTEMBER 2014
CAME To A PAUSE….
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly fundamental speaks DALAL STREET face INDIAN BENCHMARKS rose to snap a three-day losing streak as rate-sensitive stocks such as IDFC Ltd jumped after Standard and Poor's raised India's sovereign credit outlook to 'stable' from 'negative'.
Shares of Sun Pharmaceutical Industries and Ranbaxy Laboratories have rallied over 5% each in otherwise subdued market on report that suggests that a team of US FDA inspectors, which recently conducted a surprise audit on a Gujarat unit of Sun Pharmaceutical , has submitted Form 483. India Cements rose over 5%, after the company's board of directors approved the proposal to demerge Chennai Super Kings.
The INDIAN BENCHMARKS SENSEX ended 464 point down at 26626 and the 50-share NIFTY closed 152 point up at 7968.
GLOBAL MARKET chase ASIAN STOCKS
fell with Tokyo shares down in reaction to steep overnight selloffs in
European and U.S. equity markets. U.S. STOCKS rose as investors applauded robust U.S. gross domestic product data. EUROPEAN STOCKS lower, tracking the downward trend in U.S. and Asian markets and as disappointing German consumer climate data added to concerns over a slowdown in the euro zone's biggest economy.
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Week ahead
In the coming week, the Reserve Bank of India's monetary policy stance at its fourth bimonthly monetary policy review on Tuesday, 30 September 2014, could provide clues on direction of interest rates.
Developments from Prime Minister Narendra Modi's US tour will be closely watched. Modi will meet US President Barack Obama at the White House on 29-30 September 2014. The two leaders will discuss a range of issues of mutual interest in order to expand and deepen the USIndia strategic partnership.
Shares of automobile companies will be in focus as auto companies start unveiling sales volume data for September 2014 from Wednesday, 1 October 2014.
Shares of public sector oil marketing companies will be in focus as a monthly revision in diesel prices is due at the end of the month.
Happy week ahead!!
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly global numbers ASIAN INDICES INDEX
OPEN
HIGH
LOW
CLOSE
PRE. CLOSE
CHANGE (%)
SENSEX
27008.12
27256.87
26220.49
26626.32
27090.42
-1.71
NIFTY
8084.45
8159.90
7841.80
7968.85
8121.45
-1.88
NIKKEI
16281.36
16374.14
16087.95
16229.86
15948.29
1.77
KOSPI
2053.30
2053.30
2018.70
2031.64
2053.82
-1.08
HANG SENG
24072.18
24082.62
23555.62
23678.41
24306.16
-2.58
EUROPEAN INDICES INDEX
OPEN
HIGH
LOW
CLOSE
PRE.CLOSE
CHANGE (%)
FTSE
6837.90
6838.40
6615.10
6649.40
6837.90
-2.76
CAC
4446.91
4464.31
4340.63
4394.75
4461.22
-1.49
DAX
9748.53
9812.77
9454.88
9490.55
9799.26
-3.15
US INDICES INDEX
OPEN
HIGH
LOW
CLOSE
PRE. CLOSE
CHANGE (%)
NASDAQ
4568.45
4568.87
4466.64
4512.19
4579.79
-1.48
DOW JONES
17271.71
17277.88
16945.80
17113.15
17279.74
-0.96
S&P 500
2009.08
2009.08
1965.99
1982.85
2010.40
-1.37
FII’S & DII’S MOVE CATEGORY
BUY VALUE (IN CRORE)
SELL VALUE (IN CRORE)
NET VALUE (IN CRORE)
FII
20092.45
24242.56
-4150.11
DII
10247.75
7751.90
2495.85
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly NIFTY NUMBERS NIFTY SECTORIAL INDICES
SCRIPTS
OPEN
HIGH
LOW
CLOSE
S&P CNX NIFTY
8084.45
8159.90
7841.80
7968.85
CNX NIFTY JUNIOR
17277.05
17440.30
16520.65
16903.45
CNX IT
11187.60
11236.45
11034.45
11138.00
BANK NIFTY
16052.55
16272.35
15168.40
1560.25
CNX 100
8025.70
8096.00
7771.15
7902.15
NIFTY MIDCAP 50
3260.80
3287.65
3022.10
3116.20
S&P CNX 500
6532.55
6591.50
6286.50
6396.55
WEEKLY NIFTY SMART MOVERS
SCRIPTS ITC HCL TECH ONGC HUL M&M
PRICE
VOLUME (IN 000’S)
PRE. CLOSE
CHANGE (%)
CHANGE (Rs.)
371.70 1714.00 412.05 751.45
5550.64 2196.04 8405.94 1576.31
359.40 1673.55 404.00 737.25
3.42 2.42 1.99 1.93
12.30 40.45 8.05 14.20
1393.45
1186.70
1373.55
1.45
19.90
WEEKLY NIFTY TOP LAGGARDS SCRIPTS JINDAL STEEL BHEL PNB
PRICE 183.95 205.35 894.95
VOLUME 4681.34 9805.70 608.67
PRE. CLOSE 210.60 226.50 978.25
CHANGE (%) -12.65 -9.34 -8.52
CHANGE (Rs.) -26.65 -21.15 -83.30
TATA STEEL ASIAN PAINT
474.25 627.40
4970.78 1293.09
511.00 669.50
-7.19 -6.29
-36.75 -42.10
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly Technical SPEAKS NIFTY CHART & PIVOT R4
R3
R2
R1
P
S1
S2
S3
S4
8944
8626
8308
8138
7990
7820
7672
7353
7035
INDEX NIFTY
RESISTANCE
SUPPORT
R1- 8160
S1- 7840
R2- 8180
S2- 7780
TREND
STRATEGY
BULLISH
BUY ON DIPS
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
BANK NIFTY FUTURE CHART & PIVOT R4
R3
R2
R1
P
S1
S2
S3
S4
19190
18060
16931
16328
15801
15198
14672
13542
12413
INDEX BANKNIFTY
TREND BULLISH
RESISTANCE
SUPPORT
R1- 16290
S1-15200
R2- 16364
S2- 14755
STRATEGY BUY ON DIPS
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
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