Weekly Market Analysis

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Weekly Newsletter-Equity 17-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 red; lost 0.85%, 0.55% resp. this week. Retail Sales m/m 0.3% and US Unemployment Claims at 343K. US & Euro markets were green; Asian markets too were also green last week.

Indian markets ended with gain on Friday, for this week Sensex and Nifty were red slipping marginally by 0.4% each. Major sectors which were down like Realty, IT, Oil & Gas. Top looser were BHEL (down 7.4%), Tata Power (down 4.6%), NTPC (down 4.4%). 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 6180-5630.

It's been an eventful week outside the market this week. A host of data and moves by the cabinet have failed to enthuse the market as the indices remained stuck in a narrow trading band. WPI for November stood at 7.24%. A moderation in inflation is a pleasant surprise, yet the number is quite high against the RBI’s comfort zone. The Indian rupee fell to its lowest in over a week on Friday after heavy dollar buying by a large state-run bank wiped out all gains even as a below expected inflation reading raised hopes that the central bank could start cutting interest rates as early as January.

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 0.74 percent, and the Nasdaq Composite Index flat 2.89 pts or 0.10 percent to end at 2992.16. Among the day's economic data, consumer prices fell in November for the first time in six months, indicating US inflation pressures were muted. Also manufacturing grew at its swiftest pace in eight months in December.


MARKET PERFORMANCE NSE GAINERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

Next Mediaworks

5.45

3.20

2.25

70.31

Radha Madhav Cor.

4.50

2.85

1.65

57.89

Birla Cotsyn (India)

0.20

0.15

0.05

33.33

Kemrock Inds&Expo.

86.90

68.20

18.70

27.42

17.45

13.80

3.65

26.45

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

GTL Infrastructure

5.60

9.25

-3.65

-39.46

Geodesic

29.45

37.90

-8.45

-22.30

Simplex Projects

37.55

48.00

-10.45

-21.77

Sujana Universal

1.65

2.10

-0.45

-21.43

Koutons Retail India

8.15

10.35

-2.20

-21.26

CURRENT

PREV. CLOSE(RS)

CHAG.(%)

Volume in (‘000s)

Kingfisher Airlines

17.75

17.15

3.50

84115.34

Unitech

33.40

33.50

-0.30

51214.24

Karnataka Bank

163.00

159.50

2.19

24151.68

Lanco Infratech

13.00

12.80

1.56

15047.45

Suzlon Energy

18.65

18.30

1.91

14773.89

Four Soft

NSE LOSERS COMPANY NAME

VOLUME TOPPERS COMPANY NAME


SECTORIAL INDICES Indices

Country

Date

Index

Net Change

Change (%)

Hang Seng

Hong Kong

17-Dec-2012

22445.58

195.77

0.88

Jakarta Composite

Indonesia

17-Dec-2012

4320.19

27.59

0.64

Nikkei 225

Japan

17-Dec-2012

9742.73

197.57

2.07

KLSE Composite

Malaysia

17-Dec-2012

1652.75

36.52

2.26

Seoul Composite

South Korea

17-Dec-2012

2002.77

53.15

2.73

Strait Times

Singapore

17-Dec-2012

3,168.43

61.32

1.97

FTSE 100

United Kingdom

17-Dec-2012

5929.6

28.20

0.48

Nasdaq

United States

17-Dec-2012

2992.16

2.89

0.10

DJIA

United States

17-Dec-2012

13170.72

96.68

0.74

S&P 500

United States

17-Dec-2012

1419.45

5.51

0.39

INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY

5879.60

-50.50

-0.85

BANK NIFTY

12530.00

99.95

0.80

SENSEX

19317.25

-106.85

-0.55


TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY

R4 6273

R3 6147

R2 6021

R1 5950

P 5895

OUTLOOK Trend: -Consolidate Resistance: - 6050, 6180 Support: -5730, 5630 Strategy: - Buy On Dips

NIFTY WEEKLY

S1 5824

S2 5769

S3 5643

S4 5517


BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY

R4 13576

R3 13207

R2 12839

R1 12684

P 12471

OUTLOOK Trend:- Consolidate Resistance: - 12850, 13320 Support: - 12200, 11800 Strategy: - Buy On Dips BANK NIFTY WEEKLY

S1 12316

S2 12102

S3 11734

S4 11366


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