Weekly Newsletter-Equity 07-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 1.82%, 1.74% resp. this week. Non-Farm Employment Change 155K and US Unemployment Rate at 7.8%. US & Euro markets were green; Asian markets too were also green last week.
Indian markets ended gained on Friday; on this week the Sensex and Nifty were green, Marginally up around by 1.75 % each. Infosys, Wipro, TCS, ONGC, BHEL, ICICI Bank, Coal India, Dr Reddys Lab, SBI were gainers & Stocks which hit 52-week high during the week were Reliance Cap, SBI, Hinduja Vent, Trent, Lok Housing. Bharti Infratel hit record high at Rs 206 on Friday. Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 6150-5690.
Risks
to India's macro-economic stability have increased on the back of a world
economic slowdown, high inflation, and ballooning fiscal & current account deficits. The New Year has brought good tidings for equity markets world over and India is no exception. A slowdown in investment in mfg sector as a result not enough jobs were created. During April-Nov 2012-13, cumulative growth rate of the Core industries was 3.5% as against their growth @4.8% during the corresponding period in 2011-12.
The S&P 500 has Positive this week’s on ended at a five-year high on Friday, lifted by reports showing employers kept up a steady pace of hiring workers and the vast services sector expanded at a brisk rate. The major indices showed this week a bullish trend, with the Dow jones up nearly by 2.59 percent, and the Nasdaq Composite Index gained 3.88 percent to end at 3,101.66. In currencies, the euro fell to $1.3034 from $1.3062 in last trading & rupee weakened by 33 paise to 54.83 against the dollar.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Mega soft
13.50
8.70
4.80
55.17
Lloyd Finance
1.05
0.75
0.30
40.00
Zodiac Clothing Co
253.95
186.60
67.35
36.09
Hi-Tech Gears
112.45
83.85
28.60
34.11
Gangotri Textile
3.40
2.65
0.75
28.30
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
JIK Industries
2.10
2.60
-0.50
-19.23
Polar Industries
4.50
5.15
-0.65
-12.62
LCC Infotech
0.35
0.40
-0.05
-12.50
9.95
11.30
-1.35
-11.95
118.55
133.05
-14.50
-10.90
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
IFCI
38.15
34.25
11.39
74264.78
Unitech
35.90
35.10
2.28
36828.77
Manappuram Fina.
43.30
40.60
6.65
32877.00
Suzlon Energy
18.40
18.30
0.55
27693.52
Alok Inds
12.10
11.40
6.14
26717.40
NSE LOSERS COMPANY NAME
Websol Energy Syst. Kamat Hotels
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
7-Jan-2013
23,331.09
711.31
3.14
Jakarta Composite
Indonesia
7-Jan-2013
4,410.02
128.16
2.99
Nikkei 225
Japan
7-Jan-2013
10,688.11
365.13
3.54
KLSE Composite
Malaysia
7-Jan-2013
1,692.65
18.49
1.10
Seoul Composite
South Korea
7-Jan-2013
2,019.41
32.06
1.61
Strait Times
Singapore
7-Jan-2013
3,225.22
33.42
1.05
FTSE 100
United Kingdom
7-Jan-2013
6,089.84
135.54
2.28
Nasdaq
United States
7-Jan-2013
3,101.66
115.75
3.88
DJIA
United States
7-Jan-2013
13,435.21
338.90
2.59
S&P 500
United States
7-Jan-2013
1,466.47
48.37
3.41
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
6016.15
107.80
1.82
BANK NIFTY
12872.00
302.00
2.40
SENSEX
19784.08
339.24
1.74
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 6349
R3 6225
R2 6102
R1 6059
P 5978
OUTLOOK Trend: -Bullish Resistance: - 6150, 6300 Support: -5880, 5730 Strategy: - Buy On Dips
NIFTY WEEKLY
S1 5935
S2 5845
S3 5731
S4 5607
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 13911
R3 13531
R2 13151
R1 13011
P 12771
OUTLOOK Trend:- Bullish Resistance: - 13320, 13620 Support: - 12620, 12250 Strategy: - Buy On Dips BANK NIFTY WEEKLY
S1 12631
S2 12391
S3 12011
S4 11631
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