Weekly Newsletter-Equity 18 -Feb-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 and Sensex were closed red; lost 0.27%, 0.09% resp. this week. Core Retail Sales m/m 0.2% and US Unemployment Claim at 341K. US & Euro markets were green; Asian markets were mixed last week.
Indian equity markets benchmark ended red on Friday; on this week the Sensex and Nifty were bearish trend. Major sector which were down like Realty sector (down 5.4%), Metal Sector (down 1.4%), Oil & Gas Index (down 1%), and Top looser are Dishman Pharma (down 15.2%),Hindustan Oil (down 13.6%), Chennai Petroleum (down 9.8%), Orchid Chem (down 8.3%) and Maruti Suzuki (down 7.4%). Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 6200-5600.
IIP for the month of December contracted 0.6%. The dreary IIP came on the back of last week’s GDP estimate that India’s economic growth be of 5% this fiscal. The macro economic data hurt hopes of a recovery in economic growth but strengthened the case for a rate cut by RBI. The current account deficit hit an all-time high of 5.4 % of gross domestic product in July-September due to slowing exports and heavy oil and gold imports. Petrol & diesel prices are hiked by Rs.1.5/lit & Rs. 0.45/lit. Union budget will be the major news in coming week.
The S&P 500 index is still up more than 6 percent so far this year and is hovering near its highest level since November 2007 this week up by 0.79%. The major indices showed this week a consolidated trend, with the Dow Jones up nearly by 0.21 percent, and the Nasdaq Composite Index gained 1.06 percent to end at 3198.66. The rupee resumed lower at 54.22 a dollar as against the last closing of 53.44 at the Interbank Foreign Exchange (Forex) Market. The rupee is likely to appreciate somewhat, perhaps toward 52-53/USD.
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MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Decolight Ceramics
12.85
10.45
2.40
22.97
Zylog Systems
58.45
48.20
10.25
21.27
Amarjothi Spg. Mills
53.30
45.55
7.75
17.01
Karuturi Global
3.20
2.75
0.45
16.36
Ess Dee Aluminium
344.40
298.20
46.20
15.49
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Aarvee Denims & Ex.
47.85
73.90
-26.05
-35.25
DB Realty
88.15
127.75
-39.60
-31.00
Prime Securities
5.40
7.75
-2.35
-30.32
Sujana Universal
1.15
1.65
-0.50
-30.30
Samtel Color
2.00
2.70
-0.70
-25.93
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Suzlon Energy
21.70
23.75
-8.63
15718.50
Unitech
30.35
29.60
2.53
5003.62
Reliance Comm
70.65
67.20
5.13
3214.24
HDIL
66.95
67.60
-0.96
2924.06
Reliance Power
78.90
79.75
-1.07
2469.61
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
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SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
18-Feb-2013
23413.25
236.25
1.02
Jakarta Composite
Indonesia
18-Feb-2013
4571.57
68.42
1.52
Nikkei 225
Japan
18-Feb-2013
11307.28
-49.79
-0.44
KLSE Composite
Malaysia
18-Feb-2013
1630.80
11.23
0.69
Seoul Composite
South Korea
18-Feb-2013
1979.61
47.84
2.48
Strait Times
Singapore
18-Feb-2013
3283.07
12.77
0.39
FTSE 100
United Kingdom
18-Feb-2013
6327.40
99.00
1.59
Nasdaq
United States
18-Feb-2013
3198.66
33.53
1.06
DJIA
United States
18-Feb-2013
13973.39
29.34
0.21
S&P 500
United States
18-Feb-2013
1521.38
11.99
0.79
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5903.50
-95.40
-1.59
BANK NIFTY
12348.30
-335.45
-2.64
SENSEX
19484.77
-296.42
-1.50
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TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6273
R3 6152
R2 6031
R1 5961
P 5910
OUTLOOK Trend: -Consolidate Resistance: - 6030, 6200 Support: -5750, 5600 Strategy: - Sell On High
NIFTY WEEKLY
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S1 5840
S2 5789
S3 5668
S4 5547
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 13096
R3 12862
R2 12628
R1 12504
P 12394
OUTLOOK Trend:-Consolidate Resistance: - 12700, 13000 Support: - 12150, 11800 Strategy: - Sell On High BANK NIFTY WEEKLY
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S1 12270
S2 12160
S3 11926
S4 11692
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