Weekly Newsletter-Equity 28 -Jan-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
MARKET WRAP Nifty and Sensex were closed green; gained 0.17%, 0.32% resp. this week. Existing Home Sales 4.94M and US Unemployment Claim at 330K. US & Euro markets were green; Asian markets were mixed last week.
Indian equity markets benchmark ended High on Friday; on this week the Sensex and Nifty were consolidated. Major gainers like IT Index (up 0.2%), Oil & Gas Index (down 0.4%), Realty Sector (down 5.4%) and Top gainers are Larsen & Toubro (up 4.8%), ITC (up 4.3%), Maruti Suzuki (up 3.4%), Bharti Airtel (up 3.3%) and Wipro (up 2.6%). Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 6230-5650.
The Reserve Bank of India allowed exporters to access the foreign exchange market without having to first exhaust funds in their foreign currency accounts. In the telecom industry Bharti Airtel and Idea Cellular Ltd. have increased their call rates by 100%. Airtel increased the call rates from 1Re/min to Rs.2/minute while Idea has increased the tariff from 1.2p/second to 2p/second, said the reports. HUL posted higher profit Rs. 8713.60 mn for the quarter ended December 31, 2012.
The S&P 500 has Positive this week’s it was a hair below its five-year closing high on Thursday but was still poised to eke out a weekly increase of 1.93 percent. The major indices showed this week a bullish trend, with the Dow jones up nearly by 2.90 percent, and the Nasdaq Composite Index gained 0.93 percent to end at 3130.38. Rupee trades at 53.75-76 versus its previous close of 53.6650-6750. Traders trim short dollar positions ahead of the long weekend. Forex and debt markets will remain closed on Friday as banks are shut for a local holiday.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
JMT Auto
87.70
49.35
38.35
77.71
Ajanta Pharma
545.10
406.35
138.75
34.15
Uttam Galva Steels
92.70
70.75
21.95
31.02
Finolex Inds
73.90
60.85
13.05
21.45
Winsome Yarns
18.80
15.90
2.90
18.24
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
HDIL
82.90
121.35
-38.45
-31.69
Decolight Ceramics
9.55
13.20
-3.65
-27.65
Pan India Corp.
0.30
0.40
-0.10
-25.00
Zenith Birla (India)
2.00
2.65
-0.65
-24.53
Jindal Cotex
61.20
80.60
-19.40
-24.07
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
HDIL
82.90
74.45
11.35
105411.29
Suzlon Energy
21.10
18.05
16.90
102923.06
Unitech
36.45
34.05
7.05
49812.84
IVRCL Ltd.
34.80
32.95
5.61
31050.97
Lanco Infratech
12.45
12.50
-0.40
23313.14
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
28-Jan-2013
23580.43
249.34
1.07
Jakarta Composite
Indonesia
28-Jan-2013
4437.60
27.58
0.63
Nikkei 225
Japan
28-Jan-2013
10926.65
238.54
2.23
KLSE Composite
Malaysia
28-Jan-2013
1637.13
-55.52
-3.28
Seoul Composite
South Korea
28-Jan-2013
1946.69
-72.72
-3.60
Strait Times
Singapore
28-Jan-2013
3272.33
47.11
1.46
FTSE 100
United Kingdom
28-Jan-2013
6284.50
194.66
3.20
Nasdaq
United States
28-Jan-2013
3130.38
28.72
0.93
DJIA
United States
28-Jan-2013
13825.33
390.12
2.90
S&P 500
United States
28-Jan-2013
1494.82
28.35
1.93
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
6074.65
10.25
0.17
BANK NIFTY
12731.70
18.90
0.15
SENSEX
20103.53
64.49
0.32
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6343
R3 6249
R2 6155
R1 6114
P 6061
OUTLOOK Trend: -Consolidate Resistance: - 6180, 6280 Support: -5930, 5800 Strategy: - Buy On Dips
NIFTY WEEKLY
S1 6020
S2 5967
S3 5873
S4 5779
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 13533
R3 13250
R2 12966
R1 12849
P 12682
OUTLOOK Trend:- Consolidate Resistance: - 13120, 13550 Support: - 12450, 12000 Strategy: - Buy On Dips BANK NIFTY WEEKLY
S1 12565
S2 12398
S3 12114
S4 11830
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