Weekly ly Newsletter Newsletter-Equity 05-Nov Nov-2012
EQUITY ANALYSIS - WEEKLY WEEKL
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 almost flat; gains 0.24, 0.40% respectively this week. U.S. Unemployment claims came at 363K; ISM Manufacturing PMI at 51.7. U.S. & Euro market were mixed; Asian markets too were mixed last week.
Indian markets ended with gain on Friday wiping out almost half of previous day’s loss, gain in Mfg sector, Auto sector major Maruti Suzuki, Bajaj Auto, IT majors TCS, Wipro lead the market. The earnings season is well underway, & will vie for investors’ attention in the coming week as well. Technically Nifty may is expected to remain consolidate or a short term range bound movement this week; Nifty this week may range 5550-5820.
The RBI on Tuesday cut the cash reserve ratio (CRR) by 25 basis points to 4.25%, but kept the key policy rates including the repo rate unchanged. The CRR cut is meant to inject Rs 17500 crore into the banking system. It is intended to pre-empt prospective liquidity crunch. The reverse repo, at which RBI absorbs excess liquidity through borrowings from banks, remains at 7 percent . Retail inflation for industrial workers in September declined marginally to 9.14 percent from 10.31 percent in previous month.
The S&P 500 scored its best day in seven weeks on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following super storm. Sandy's devastating sweep through the US Northeast. The major indices declined sharply for the week, with the Dow jones down nearly by 2.5 percent. The CBOE volatility index closed above 18. Consumer confidence is expected to rise to 74 and
construction
spending
is
expected
to
come in
positive
at
0.6%.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Ponni Sugars
314.30
205.60
108.70
52.87
Birla Ericsson Optic
13.50
9.45
4.05
42.86
20 Microns
148.05
106.55
41.50
38.95
Maxwell Industries
27.40
20.75
6.65
32.05
De Nora India
215.90
165.70
50.20
30.30
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Zylog Systems
120.65
220.70
-100.05
-45.33
Antarctica
0.30
0.40
-0.10
-25.00
S Kumars Nation
13.60
17.30
-3.70
-21.39
DCM
101.70
127.20
-25.50
-20.05
KEC International
62.45
75.15
-12.70
-16.90
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Apollo Tyres
86.35
88.50
-2.43
19470.45
Unitech
24.10
23.90
0.84
17876.89
Lanco Infratech
12.45
12.45
0.00
17741.97
Union Bank Of India
223.10
206.40
8.09
13855.72
Kingfisher Airlines
13.85
13.20
4.92
13086.11
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
2-Nov-2012
22111.33
559.57
2.60
Jakarta Composite
Indonesia
2-Nov-2012
4338.89
7.64
0.18
Nikkei 225
Japan
2-Nov-2012
9051.22
48.54
0.54
KLSE Composite
Malaysia
2-Nov-2012
1656.13
-10.22
-0.61
Seoul Composite
South Korea
2-Nov-2012
1918.72
-25.12
-1.29
Strait Times
Singapore
2-Nov-2012
3040.75
-10.78
-0.35
FTSE 100
United Kingdom
2-Nov-2012
5862.65
-33.50
-0.57
Nasdaq
United States
2-Nov-2012
3020.06
14.44
0.48
DJIA
United States
2-Nov-2012
13232.62
-110.89
-0.83
S&P 500
United States
2-Nov-2012
1427.59
-5.60
-0.39
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5697.70
13.45
0.24
BANK NIFTY
11551.00
45.55
0.40
SENSEX
18755.45
73.14
0.39
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6049
R3 5921
R2 5792
R1 5745
P 5664
OUTLOOK Trend: - Bullish 900, 6100 Resistance: - 5900 Support: - 5560, 55400 Strategy: - Buy on Dips
NIFTY WEEKLY
S1 5617
S2 5536
S3 5408
S4 5279
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 12923
R3 12440
R2 11957
R1 11747
P 11475
OUTLOOK Trend: - Bullish Resistance: - 120000, 12500 Support: - 11300,, 10600 Strategy: - Buy on dips BANK NIFTY WEEKLY
S1 11264
S2 10992
S3 10509
S4 10026
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