x Weekly Newsletter-Equity 29 –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 was closed red down 2.37%, SENSEX was closed red down 1.99% this week. US Unemployment Rate at 343 K and US New Home Sales 497 K. Euro & U.S markets were green; while Asian markets were also green last week.
Indian
equity markets ended red on Friday on this week the Sensex and Nifty
were in bearish trend. Major sector which were down like METAL Index, INFRA Index, REALTY Index and Top Losers are JP ASSOCIATE (DOWN 15.93%), AMBUJA CEMENT (DOWN 14.11%), L&T (DOWN 13.17%), SESA GOA (DOWN 10.17%), JINDAL STEEL (DOWN 9.74%), TATA STEEL (DOWN 9.17%), HIDALCO (DOWN 8.88%) BHEL (DOWN 8.55%) & IDFC (DOWN 8.06%) Technically Nifty may expected to down from this point or a short term range bound movement this week; Nifty this week may range 5700-6000.
On the economic front, The Reserve Bank of India (RBI) is expected to keep policy rates unchanged at a six-weekly rate review on Tuesday, ending a year-long cutting cycle as it focuses instead on underpinning the plunging currency. In another measure, it asked banks to maintain their average cash reserve ratio at 99% of the daily requirement as against earlier 70%. The Reserve Bank of India conducted the auction of cash management bills, most of which got subscribed at high-cut off yields.
The
Reserve Bank of India’s Reference Rate for the US dollar is ` 58.9415 and the
Reference Rate for Euro is ` 77.8668 on July 25, 2013. The corresponding rates for the previous day (July 24, 2013) were ` 59.4465 and ` 78.4355 respectively, Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee.
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MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CHANG.(RS)
CHANG.(%)
Neha International Antarctica
9.50 0.20
6.90 0.15
2.60 0.05
37.68 33.33
HOV Services
32.00
24.15
7.85
32.51
Fresenius Kabi Oncol
140.65
109.10
31.55
28.92
Parabolic Drugs
5.00
4.00
1.00
25.00
CURRENT
PREV. CLOSE(RS)
CHANG.(RS)
CHANG.(%)
Heritage Foods
222.80
516.85
-294.05
-56.89
Omnitech Infosolutn
52.20
96.25
-44.05
-45.77
Vivimed Labs
138.60
239.90
-101.30
-42.23
Wockhardt Birla Cotsyn (India)
574.35 0.10
888.70 0.15
-314.35 -0.05
-35.37 -33.33
COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CHANG.(%)
Volume in (‘000s)
JP Associate Unitech Yes Bank
41.70 17.95 367.10
43.00 18.20 373.70
-3.02 -1.37 -1.77
44176.61 27254.37 16110.91
JP Power Ventures
13.25
13.45
-1.49
14102.03
HDIL
37.45
39.10
-4.22
14049.76
NSE LOSERS COMPANY NAME
VOLUME TOPPERS
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SECTORIAL INDICES INDICES
COUNTRY
DATE
LAST
P.CLOSE
NET CHANGE
CHANGE %
Hang Seng
Hong Kong
26-Jul-13
21968.95
21900.96
-160.21
-0.73
Jakarta Composite
Indonesia
26-Jul-13
4658.87
4674.12
154.47
3.30
Nikkei 225
Japan
26-Jul-13
14129.98
14562.93
33.67
0.23
KLSE Composite
Malaysia
26-Jul-13
1807.61
1808.42
4.50
0.25
Seoul Composite
South Korea
26-Jul-13
1910.81
1909.61
-7.62
-0.40
Strait Times
Singapore
26-Jul-13
3236.10
3235.68
-12.86
-0.40
FTSE 100
UK
26-Jul-13
6572.97
6588.00
25.38
0.39
Nasdaq
US
25-Jul-13
3605.19
3579.60
57.54
1.61
DJIA
US
25-Jul-13
15555.61
15542.24
169.26
1.09
INDIAN EQUITY MARKET INDICES
LAST
PREV. VALUE
CHANGE
% CHANGE
NIFTY
5,886.00
6,029.00
-143.00
-2.37
BANK NIFTY
10530.00
10998.00
-468.00
-4.26
SENSEX
19,748.00
20,149.00
-401.00
-1.99
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TECHNICAL VIEW NIFTY
OUTLOOK Trend:- CONSOLIDATE Resistance:- 6070, 6240 Support:- 5740, 5550 Strategy:- BUY ON DIPS
NIFTY WEEKLY
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BANK NIFTY
OUTLOOK Trend: - CONSOLIDATE Resistance: -11100, 11490 Support: - 10010, 9490 Strategy: - BUY ON DIPS BANK NIFTY WEEKLY
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