Weekly Newsletter-Equity 26-Nov-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; gained 0.94%, 1.08% respectively this week. Existing Home Sales was at 4.79M and US Unemployment Claims at 410K. US & Euro markets were green; Asian markets too were also green last week.
Indian markets ended with gain on Friday wiping out almost half of previous day’s loss, gain in major sectors like Auto, IT, Media & FMCG closed green. Top gainers in the Market were Jet Airways, Blue Dart Express, Ece Industries, Eros International Media, 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 5300-5740.
The market could remain in a narrow range for some time as clear triggers are lacking. India’s Q3 GDP figures on 30th November will be keenly watched. The disruption continued this week of the Winter Session of Parliament as the government and the opposition stuck for the issue on Foreign Direct Investment (FDI) in multi-brand retail. Production of consumer goods fell 0.2% yoy across the September quarter, while imports of consumer products such as electronics and leather goods are in mild decline. Production of electrical machinery fell 29% yoy in the year to September.
The
S&P 500 has positive this week’s on Thursday as bullish. The major indices
gained instantly for this week showing a bullish trend, with the Dow jones raised nearly by 2.35 %.Among the global cues to look out for are Greece debt situation and US fiscal cliff handling. The foreign exchange reserves slipped marginally by 32.7$ million to 293.53$ billion. The total reserves had dipped by 781.5$ million to 293.56$ billion & Foreign currency assets were down by 16.4$ million to 258.69$ billion for this week.
MARKET PERFORMANCE NSE GAINERS COMPANY NAME
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Antarctica
0.50
0.35
0.15
42.86
Heritage Foods
527.00
402.35
124.65
30.98
BAG Films & Media
5.80
4.50
1.30
28.89
Jet Airways (I)
505.60
397.60
108.00
27.16
Syncom Healthcare
17.20
13.90
3.30
23.74
CURRENT
PREV. CLOSE(RS)
CANG.(RS)
CHAG.(%)
Paramount Printpa.
3.25
4.20
-0.95
-22.62
Glodyne Technoser.
34.35
44.35
-10.00
-22.55
Ashco Niulab Inds
0.75
0.95
-0.20
-21.05
Hotel Rugby
27.30
34.30
-7.00
-20.41
GEI Inds Sys
53.10
64.50
-11.40
-17.67
CURRENT
PREV. CLOSE(RS)
CHAG.(%)
Volume in (‘000s)
Unitech
26.60
27.10
-1.85
23244.34
GMR Infrastructure
17.85
17.65
1.13
21959.28
Kingfisher Airlines
13.70
13.40
2.24
17243.44
JP Associate
89.10
89.90
-0.89
16031.36
Reliance Comm
63.40
63.30
0.16
13999.40
NSE LOSERS COMPANY NAME
VOLUME TOPPERS COMPANY NAME
SECTORIAL INDICES Indices
Country
Date
Index
Net Change
Change (%)
Hang Seng
Hong Kong
26-Nov-2012
21743.2
634.27
3.00
Jakarta Composite
Indonesia
26-Nov-2012
4335.93
3.85
0.09
Nikkei 225
Japan
26-Nov-2012
9222.52
392.80
4.45
KLSE Composite
Malaysia
26-Nov-2012
1618.55
-13.13
-0.80
Seoul Composite
South Korea
26-Nov-2012
1899.5
28.78
1.54
Strait Times
Singapore
26-Nov-2012
2,989.28
43.65
1.48
FTSE 100
United Kingdom
26-Nov-2012
5,819.14
141.34
2.49
Nasdaq
United States
26-Nov-2012
2,966.85
129.91
4.58
DJIA
United States
26-Nov-2012
12836.89
294.51
2.35
S&P 500
United States
26-Nov-2012
1391.03
37.70
2.79
INDIAN EQUITY MARKET INDICES
VALUE
CHANGE
% CHANGE
NIFTY
5626.60
52.55
0.94
BANK NIFTY
11496.00
135.95
1.20
SENSEX
18506.57
197.20
1.08
TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY
R4 5891
R3 5796
R2 5701
R1 5664
P 5606
OUTLOOK Trend: -Consolidate Resistance: - 5740, 5920 Support: -5450, 5300 Strategy: - Buy On Dips
NIFTY WEEKLY
S1 5569
S2 5511
S3 5416
S4 5321
BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY
R4 12396
R3 12084
R2 11773
R1 11634
P 11461
OUTLOOK Trend:- Consolidate Resistance: - 11800, 12220 Support: - 11100, 10650 Strategy: - Buy On Dips BANK NIFTY WEEKLY
S1 11323
S2 11150
S3 10838
S4 10527
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