Weekly Newsletter-Equity 06 -May-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
www.theequicom.com +919200009266
MARKET WRAP Nifty and Sensex were closed green; up 1.24%, 1.50% resp. this week. Trade Balance -38.8B and US Unemployment claim at 342K. Euro & U.S markets were green; while Asian markets were mixed 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 Telecom Sector, Auto Sector, pharmaceuticals Sector and Top gainer are Hindustan unilever (up 23.08%), Shasun Pharma (up15.23), %, Hcl Tec. (up 9.647%), M&M (up 8.01%),Infosys(up 4.34%) Reliance Infra (up 6.69%) and Sesa Goa (up 5.54%). Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 5700-6140.
The Reserve Bank of India in its Monetary Policy meet today has cut the repo rate by 25 bps to 7.25%. It has, however, left CRR unchanged at 4. Unilever to up stake in HUL from 52.48% to 75%. Unilever PLC announced a voluntary open offer to increase its stake in Hindustan Unilever (HUL), its publicly listed subsidiary in India, from 52.48% to up to 75% at a price of Rs 600 per share. Oil & Natural Gas Corporation (ONGC) led group of Indian oil companies along with global energy giant Shell have emerged as the top contenders for the 20% stake in the Mozambique gas block. Govt clears IKEA's Rs 105bn FDI proposal.
The S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about an economic slowdown. The major world indices showed this week a bullish trend, with the Dow Jones up nearly by 1.78 percent, and the Nasdaq Composite Index gained 3.03 percent to end at 3378.63 this week. The rupee weakened on Friday as the RBI disappointed markets with a hawkish tone in its annual monetary policy, closed at 53.935/945.
www.theequicom.com +919200009266
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Orient Abrasives
15.30
11.00
4.30
39.09
Precision Pipes&Prof
43.50
33.00
10.50
31.82
Anik Industries
25.95
20.65
5.30
25.67
Hindustan Unilever
572.40
465.05
107.35
23.08
RSWM
126.20
102.60
23.60
23.00
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Micro Technologies
14.55
26.40
-11.85
-44.89
Paras Petrofils
0.20
0.30
-0.10
-33.33
Visesh Infotecnics
0.75
0.95
-0.20
-21.05
Birla Power Solution
0.20
0.25
-0.05
-20.00
Global Offshore Serv
70.55
87.35
-16.80
-19.23
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Reliance Comm
110.15
105.05
4.85
15442.71
Unitech HDIL
28.70 53.70
28.40 54.35
1.06 -1.20
7715.75 6420.97
Reliance Power
73.35
73.50
-0.20
3964.92
Reliance Capital
371.05
364.20
1.88
2173.52
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
www.theequicom.com +919200009266
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
6-May-2013
22,689.96
142.25
0.63
Jakarta Composite
Indonesia
6-May-2013
4,925.48
-53.03
-1.07
Nikkei 225
Japan
6-May-2013
13,694.04
-190.09
-1.37
KLSE Composite
Malaysia
6-May-2013
1694.77
-16.52
-0.97
Seoul Composite
South Korea
6-May-2013
1965.71
21.15
1.09
Strait Times
Singapore
6-May-2013
3,369.90
21.03
0.63
FTSE 100
United Kingdom
6-May-2013
6,521.46
95.04
1.48
Nasdaq
United States
6-May-2013
3,378.63
99.37
3.03
DJIA
United States
6-May-2013
14,973.96
261.41
1.78
S&P 500
United States
6-May-2013
1614.42
32.18
2.03
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5,944.00
72.55
1.24
BANK NIFTY
12337.45
-167.20
-1.34
SENSEX
19,575.64
288.92
1.50
www.theequicom.com +919200009266
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4
R3
R2
R1
P
S1
S2
S3
S4
6403
6250
6097
6020
5944
5867
5791
5638
5485
OUTLOOK Trend: - Bullish Resistance: - 6300, 6140 Support: - 5840, 5700 Strategy: - Buy On Dips
NIFTY WEEKLY
www.theequicom.com +919200009266
BANK NIFTY WEEKLY PIVOT SCRIPT
R4
R3
R2
R1
P
S1
S2
S3
S4
BANK NIFTY 13706 13290 12874 12605 12458 12189 12042 11626 11210
OUTLOOK Trend: - Bullish Resistance: - 12990, 12775 Support: - 12040, 11800 Strategy: - Buy On Dips BANK NIFTY WEEKLY
www.theequicom.com +919200009266
Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.theequicom.com +919200009266