Weekly Newsletter-Equity 01 –JULY-2013
EQUITY ANALYSIS - WEEKLY
Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future
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MARKET WRAP Nifty and Sensex were closed green; up 3.08%, 3.64% resp. this week. US Home sales 476K and US Unemployment Rate at 346K. Euro & U.S markets were green; while Asian markets were also green last week.
Indian
equity markets ended green on Friday; on this week the Sensex and Nifty
were in bullish trend. Major sector which were up like IT Index, Oil & Gas Index, Banking Index and Top gainers are Reliance Ind. (up 8.80%), GAIL India (up 8.17%), ONGC (up 7.59%), HDFC (up 7.11%), TCS (up 6.74%), Sun Pharma (up 6.65%), Jindal Steel (up 6.36%) Hindalco (up 6.17%) & Tata Power (up 5.89%) Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 5450-6000.
On the economic front, current account deficit for the January-March quarter came in higher than the street estimates at 3.6% of GDP. The government doubled natural gas prices from the current $4.2 mmBtu (million British thermal unit) to $8.4-8.5 per mmBtu. Globally, the US economy grew at an annual rate of 1.8% in the first quarter, well below expectations of a 2.4% annual growth rate. Oil marketing companies have hiked petrol prices by Rs. 1.82/ L. in the intervening midnight of June 28-29. The prices excludes value added tax and other levies.
The Reserve Bank of India's Financial Stability and Development Council finds the financial system resilient to shocks. In its Financial Stability Report released today, the central bank has cautioned that the deteriorating macro-economic picture can erode financial stability going forward. RBI said preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2013 of the financial year 2012-13. Based on these, the BoP data for 2012-13 have been compiled. It was an action packed week – end to the lackluster June series, rupee touching a record low of 60.71 to the dollar.
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MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
DQ Entertain.(Inter)
7.85
6.25
1.60
25.60
Marksans Pharma
7.25
5.80
1.45
25.00
FCS Software Soltns.
0.25
0.20
0.05
25.00
Mangalore Chem &Fert
49.75
39.90
9.85
24.69
JMT Auto
122.55
100.05
22.50
22.49
COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Gitanjali Gems
233.90
501.10
-267.20
-53.32
Hanung Toys & Text
79.40
110.40
-31.00
-28.08
Birla Power Solution
0.15
0.20
-0.05
-25.00
MMTC
102.05
131.80
-29.75
-22.57
Zylog Systems
18.50
23.75
-5.25
-22.11
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
IFCI JP Associate
26.20 53.60
22.20 51.05
18.02 5.00
37279.26 24897.47
Unitech
21.10
19.95
5.76
21643.58
ONGC
331.10
320.25
3.39
21617.90
Idea Cellular
141.50
139.85
1.18
15980.44
NSE LOSERS
VOLUME TOPPERS COMPANY NAME
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SECTORIAL INDICES INDICES
COUNTRY
DATE
LAST
P.CLOSE
NET CHANGE
CHANGE %
Hang Seng
Hong Kong
28-Jun-13
20803.29
20263.31
539.98
2.66
Jakarta Composite
Indonesia
28-Jun-13
4818.90
4515.37
303.53
6.72
Nikkei 225
Japan
28-Jun-13
13677.32
13230.13
447.19
3.38
KLSE Composite
Malaysia
28-Jun-13
1773.54
1755.85
17.69
1.01
Seoul Composite
South Korea
28-Jun-13
1863.32
1822.83
40.49
2.22
Strait Times
Singapore
28-Jun-13
3150.44
3124.45
25.99
0.83
FTSE 100
UK
28-Jun-13
6215.47
6116.17
99.30
1.62
Nasdaq
US
28-Jun-13
3403.25
3357.25
46.00
1.37
DJIA
US
28-Jun-13
14909.60
14799.40
110.20
0.74
INDIAN EQUITY MARKET INDICES
LAST
PREV. VALUE
CHANGE
% CHANGE
NIFTY
5,842.20
5,667.65
174.55
3.08
BANK NIFTY
11641.45
11346.00
295.45
2.60
SENSEX
19,395.81
18,715.35
680.46
3.64
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TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6611
R3 6325
R2 6039
R1 5940
P 5753
OUTLOOK Trend: - CONSOLIDATE Resistance: -5970, 6120 Support: - 5690, 5550 Strategy: - BUY ON DIPS
NIFTY WEEKLY
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S1 5654
S2 5467
S3 5181
S4 4895
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 13337
R3 12708
R2 12079
R1 11860
P 11450
OUTLOOK Trend: - CONSOLIDATE Resistance: - 12000, 12310 Support: - 11265, 10900 Strategy: - BUY ON DIPS BANK NIFTY WEEKLY
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S1 11231
S2 10821
S3 10192
S4 9563
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