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
Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. TheEquicom recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. TheEquicom shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to TheEquicom might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. TheEquicom does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.