x Weekly Newsletter-Equity 5–August-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 3.53%, SENSEX was closed red down 2.96% Last week. Last week US Unemployment Claim was at 326 K and US Advance GDP was 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, PHARMA Index, BANKING Index and Top Losers are SOUTHERN ISPAT (DOWN 22.22%), EXCEL CROP (DOWN 20.19%), NATCO PHARMA (DOWN 19.21%), ARCHIES (DOWN 18.79%), WIPRO (DOWN 14.86%), GALLANTT ISPAT (DOWN 13.38%), SUN TV NETWORK (DOWN 12.59%) & SKS MICROFINANCE (DOWN 12.55%). Technically Nifty may expected to down from this point or a short term range bound this week; Nifty this week may range 5500-5900.
On the economic front, Interest rate sensitive once again led the decline with the realty index among the top loser, down 15%, followed by banking and auto indices down 4.4% and 3% respectively. The Indian currency weakened and went on to hit an all-time low of 61.22. The rupee has depreciated nearly 3.2% this week. The apex bank kept key lending rates steady, focusing on stabilizing the rupee rather than boosting growth. In 2013 alone, the central bank had cut rates three times by a quarter of a percentage point each.
The private sector mutual funds reported an outflow of Rs. 407.21 billion in June, while public sector mutual funds witnessed an outflow of Rs. 76.82 billion, the data added. Mutual funds saw a net outflow of Rs. 484.03 billion in June 2013 as compared to a net inflow of Rs. 374.35 billion in May 2013, according to SEBI data. Mutual funds sold Rs. 2.96 billion in equity compared to Rs. 35.08 billion invested in May 2013. Mutual Funds invested Rs. 646.02 billion in debt market in June 2013 as against of Rs.268.4 billion invested in May 2013.
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MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CHANG.(RS)
CHANG.(%)
Southern Ispat & Ene Excel Crop Care
3.30 224.75
2.70 187.00
0.60 37.75
22.22 20.19
Natco Pharma
585.70
491.30
94.40
19.21
Archies
16.75
14.10
2.65
18.79
Wipro
438.70
381.95
56.75
14.86
COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CHANG.(RS)
CHANG.(%)
Financial Technology
147.50
567.70
-420.20
-74.02
Hanung Toys & Text
29.80
63.70
-33.90
-53.22
Madhucon Projects
8.40
14.00
-5.60
-40.00
IL&FS Engg. & Const. Shalimar Paints
19.50 59.85
28.75 88.00
-9.25 -28.15
-32.17 -31.99
CURRENT
PREV. CLOSE(RS)
CHANG.(%)
Volume in (‘000s)
JP Associate Unitech Reliance Comm
29.70 15.20 123.60
32.45 15.90 131.40
-8.47 -4.40 -5.94
2251.95 847.32 6561.39
HDIL
30.50
31.05
-1.77
960.34
Reliance Power
65.10
68.70
-5.24
1831.61
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
02-Aug-13
22190.97
21968.95
102.18
0.47
Jakarta Composite
Indonesia
02-Aug-13
4640.78
4658.87
16.44
0.35
Nikkei 225
Japan
02-Aug-13
14466.16
14129.98
460.39
3.26
KLSE Composite
Malaysia
02-Aug-13
1782.51
1807.61
4.69
0.26
Seoul Composite
South Korea
02-Aug-13
1923.38
1910.81
2.64
0.14
Strait Times
Singapore
02-Aug-13
3254.13
3236.10
10.84
0.33
FTSE 100
UK
02-Aug-13
6647.87
6572.97
-34.13
-0.52
Nasdaq
US
02-Aug-13
3689.59
3605.19
13.85
0.38
DJIA
US
02-Aug-13
15658.36
15555.61
30.34
0.20
INDIAN EQUITY MARKET INDICES
LAST
PREV. VALUE
CHANGE
% CHANGE
NIFTY
5,678.00
5,886.00
-208.00
-3.53
BANK NIFTY
10060.00
10530.00
-470.00
-4.46
SENSEX
19,164.00
19,748.00
-584.00
-2.96
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TECHNICAL VIEW NIFTY
OUTLOOK Trend:- CONSOLIDATE Resistance:- 5830, 6030 Support:- 5500, 5350 Strategy:- SELL ON HIGH
NIFTY WEEKLY
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BANK NIFTY
OUTLOOK Trend: - CONSOLIDATE Resistance: -10590, 10955 Support: - 9700, 9220 Strategy: - SELL ON HIGH BANK NIFTY WEEKLY
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