Weekly Newsletter-Equity 03-Dec-2012
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 4.50%,4.50% resp. this week. New Home Sales was at 368k and US Unemployment Claims at 393K. US & Euro markets were green; Asian markets too were also green last week.
Indian markets ended with gain on Friday continuous gained last three days Sensex raised 833.33pts sustained at 19-month highs gained in major sectors like IT, Metal, Pharma & FMCG closed green. Top gainers in the Market were Videocon Inds. (25.40%), PVR (22.37%), Eros Internatlnational Media (16.86%), Hanung Toys & Text (16.81%) The earnings season is well underway, & will vie for investors’ attention in the coming week as well. Technically Nifty may expected to drop from this point or a short term range bound movement this week; Nifty this week may range 6150-5720.
The market showed a highly bullish view this week as the govt. allowed FDI in multibrand retail. GDP has slowed from about 8.4% in FY 2010 and FY 2011 to 5.3% in the first half of 2012. The Indian economy extended its long slump in the quarter ending in September with lower-than-expected growth at 5.3% keeping it on track for its worst year in a decade. Retail inflation for industrial workers climbed to 9.6% in October on account higher prices of wheat and rice, from 9.39 per cent in the same month last year.
The S&P 500 has positive this week’s on Thursday as bullish although it ended the day flat as politicians remain at odds about how to avoid the so-called fiscal cliff. The major indices gained for this week showing a bullish trend, with the Dow jones raised nearly by 1.44 percent but the Nasdaq Composite Index dipped 1.79 pts or 0.06 percent , to end at 3,010.24. Slightly more than 7 billion shares changed hands on the NYS Exchange, Nasdaq more than the daily avg. so far this year of about 6.48 billion shares.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
GEI Inds Sys
89.75
53.10
36.65
69.02
Antarctica
0.70
0.50
0.20
40.00
Reliance Media.
96.40
69.60
26.80
38.51
MIC Electronics
6.25
4.60
1.65
35.87
Geodesic
51.90
38.75
13.15
33.94
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Kiri Industries
11.55
20.85
-9.30
-44.60
Spanco Ltd
20.20
29.70
-9.50
-31.99
Hindustan Copper
153.55
212.95
-59.40
-27.89
Glodyne Techno.
28.05
34.35
-6.30
-18.34
Twilight Litaka Ph.
8.45
10.10
-1.65
-16.34
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Suzlon Energy
19.55
18.55
5.39
97726.80
GMR Infrastructure
18.60
17.70
5.08
81768.25
Tata Motors
273.45
278.45
-1.80
70995.06
Unitech
31.70
32.05
-1.09
66759.34
Lanco Infratech
13.95
13.30
4.89
46625.25
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
3-Dec-2012
21922.89
179.69
0.83
Jakarta Composite
Indonesia
3-Dec-2012
4319.09
-16.84
-0.39
Nikkei 225
Japan
3-Dec-2012
9400.88
178.36
1.93
KLSE Composite
Malaysia
3-Dec-2012
1607.32
-11.23
-0.69
Seoul Composite
South Korea
3-Dec-2012
1934.85
35.35
1.86
Strait Times
Singapore
3-Dec-2012
3069.95
80.67
2.70
FTSE 100
United Kingdom
3-Dec-2012
5870.30
51.16
0.88
Nasdaq
United States
3-Dec-2012
3012.03
45.18
1.52
DJIA
United States
3-Dec-2012
13021.82
184.93
1.44
S&P 500
United States
3-Dec-2012
1415.95
24.92
1.79
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5879.85
253.25
4.50
BANK NIFTY
12200.90
704.90
6.13
SENSEX
19339.90
833.33
4.50
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6582
R3 6320
R2 6058
R1 5969
P 5796
OUTLOOK Trend: -Consolidate Resistance: - 6020, 6150 Support: -5720, 5550 Strategy: - Buy On Dips
NIFTY WEEKLY
S1 5707
S2 5534
S3 5273
S4 5011
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 15358
R3 14182
R2 13006
R1 12603
P 11829
OUTLOOK Trend:- Consolidate Resistance: - 12450, 12900 Support: - 11800, 11300 Strategy: - Buy On Dips BANK NIFTY WEEKLY
S1 11427
S2 10653
S3 9476
S4 8300
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