Equity report today 08 july 2013

Page 1

RESEARCH VIA EQUITY REPORT 08/07/2013

DAILY MARKET ANALYSIS

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ECONOMY ANALYSIS  RBI may cut by 0.25 pc CRR on July 30: BoA-ML  Final decision on FSLRC after consulting all stakeholders'  See FY14 growth at 15-20%; eye 100 launches in 3 yrs: Lupin  Unilever raises stake in Hindustan Unilever to 67%  Unilever raises stake in Hindustan Unilever to 67%  Diageo winds up with 25% stake in United Spirits

MARKET ANALYSIS  The S&P BSE Sensex pared most of its intraday gains of over 200 points and provisionally ended 84 points higher weighed down by sharp decline in rupee.  Erasing all initial gains, the rupee weakened further to 60.45 (intraday) in afternoon trade on fresh dollar demand from African bank since Thursday, Reuters reported.  Rupee has been the victim of rising dollar demand and narrowing spread between the US and Indian bond yields. It has plunged 1.8 per cent in a matter of just 5 days and is Asia's worst performer this week.  The 30-share index ended at 19495.82, up 84 points or 0.44 per cent. It touched a high of 19,640.27 and a low of 19,477.74 in trade today.  The Nifty ended at 5865.10, up 28 points or 0.48 per cent. It touched a high of 5,900.45 and a low of 5,858.45 in trade today.  Jindal Steel (3.5 per cent), ONGC (2.25 per cent), HDFC Bank (1.53 per cent) and RIL (2.15 per cent) were among top Sensex gainers.

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MAJOR INDICES INDIAN MARKETS INDEX

CLOSE

CHANGE

% CHANGE

SENSEX

19495.82

84.98

0.44

NIFTY

5867.90

30.95

0.53

BANK NIFTY

11434.30

53.10

0.47

ASIAN MARKETS

EUROPEAN MARKET

INDEX

CLOSE

CHANGE

INDEX

CLOSE

CHANGE

NIKKEI

14309.37

291.04

FTSE

6450.48

28.81

STRAITS TIMES

3169.73

22.61

CAC

3801.27

-8.04

HANG SENG

20854.67

386.00

DAX

7979.42

-14.89

TAIWAN INDEX

8001.82

108.10

KOSPI

1833.31

-5.82

US MARKETS

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INDEX

CLOSE

CHANGE

DOW FUTURES

15056.00

140.00

NASDAQ FUTURES

2963.00

26.50

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DAILY GAINERS AND LOOSERS

GAINERS SCRIPS

RATE

VOL. (000)

PR. CLOSE

NET

% CHANGE

CHANGE

IDFC

129.8

11894.84

124.1

5.7

4.59

JP Associate

54.45

32897.74

52.4

2.05

3.91

Jindal Steel

223.85

4146.29

216.85

7

3.23

NMDC

103.95

1485.47

101.05

2.9

2.87

Asian Paints

4668.8

35.3

4565.2

103.6

2.27

LOOSERS SCRIPS

RATE

VOL. (000)

PR. CLOSE

NET

% CHANGE

CHANGE

GAIL India

326.95

1629.38

333.75

-6.8

-2.04

Lupin

835

1291.18

850.65

-15.65

-1.84

Bharti Airtel

295.85

1934.62

301.15

-5.3

-1.76

ICICI Bank

1051.55

2891.03

1063.7

-12.15

-1.14

M&M

971.65

1018.99

982.05

-10.4

-1.06

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FII AND DII TRADING DATA CATEGORY

DATE

BUY VALUE

SELL VALUE

NET VALUE

FII

05-Jul-2013

1545.4

1561.11

-15.71

DII

05-Jul-2013

891.54

786.27

105.27

DAILY PIVOTS INDEX

S1

S2

PP

R1

R2

NIFTY

5828

5785

5901

5944

6017

BANK NIFTY

11425

11373

11502

11554

11631

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