TECHNICAL VIEW MOVING AVERAGE 21 DAYS
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NIFTY BANK NIFTY
8460 18847
8289 17623
7855 16196
8563 19363
NIFTY PIVOT REPORT DAILY
R2 9521
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PP 8915
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BANK NIFTY PIVOT REPORT DAILY
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NSE EQUITY DAILY LEVELS COMPANY
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ACC ALBK
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1573 118
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1532 115
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AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBRODA BANKINDIA
EQ EQ EQ EQ EQ EQ
254 868 638 2460 196 282
250 837 625 2402 191 277
247 820 604 2363 187 271
243 790 591 2306 183 267
239 773 571 2267 179 260
232 725 537 2171 171 250
261 915 671 2556 204 292
BHEL BHARTIARTL CIPLA COALINDIA DLF DRREDDY GAIL GRASIM HCLTECH HDFC HDFCBANK HEROMOTOCO HINDALCO HINDUNILVR ICICIBANK ITC INDUSIND BANK INFY JINDALSTEL KOTAKBANK LT M&M MRF MARUTI ONGC ORIENTBANK RANBAXY RCOM RELCAPITAL RELIANCE RELINFRA RPOWER SBIN SESAGOA SUNPHARMA TATAMOTORS TATAPOWER TATASTEEL UNIONBANK
EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ EQ
306 396 728 367 184 3250 449. 3983 2069 1348 1157 3002 155 964 375 381 911 2190 168 1445 1808 1351 4136 3883 369 283 756 84.15 515 936 551 70 321 214 974 618 97 412 224
300 379 713 360 178 3201 439. 3905 1967 1307 1117 2923 149 938 364 372 889 2164 162 1391 1764 1302 40780 3778 360 274 738 82.15 502 924 533 68 314 207 952 603 93 399 217
297 369 704 357 175 3170 434 3853 1932 1286 1100 2879 147 922 358 366 880 2151 159 1369 1745 1270 40500 3726 355 269 728 81.20 497 917 525 67 311 202 939 596 92 391 213
293 362 697 353 171 3152 428 3826 1865 1266 1076 2844 143 913 354 363 868 2138 157 1337 1720 1253 40200 3673 352 265 719 80.20 489 912 514 65 308 200 930 588 90 386 209
290 352 689 353 169 3121 424 3775 1830 1249 1060 2800 141 879 347 357 858 2125 153 1315 1701 1221 39920 3621 346 261 710 79.25 484 905 507 64 304 195 918 581 89 378 205
287 346 682 347 165 3103 418 3748 1763 1225 1035 2765 137 888 343 354 846 2112 151 1282 1676 1204 39620 3568 343 256 701 78.25 476 900 496 63 301 193 909 573 87 374 202
281 329 667 340 159 3054 408 3670 1661 1184 995 2687 131 863 332 344 824 2086 146 1228 1632 1155 39040 3463 334 248 683 76.30 464 888 477 61 294 185 887 558 84 361 194
NSE WEEKLY NEWS UPDATE ✍ FIIs inflow reaches Rs 21,000cr so far in January Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of India (RBI). Foreign Institutional Investors (FIIs) have bought shares worth Rs 5,992 crore ($977 million) till January 23, while bought debt worth Rs 15,336 crore ($2.5 billion) taking the total investment to Rs 21,328 crore ($3.45 billion), latest data with Central Depository Services Ltd (CDSL) showed. ✍ Amara Raja Batteries posts 23% growth in Q3 net sales Automotive and industrial battery maker Amara Raja Batteries earned Rs 1,060-crore in net sales (excluding other income) in the third quarter of the financial year, up 23% from Rs 860 crore in the year ago period. Net profit increased marginally from Rs 95 crore to Rs 102 crore. The automotive battery business continued to maintain its growth trend in four-wheeler batteries backed by improved sales in aftermarket segment in both Amaron and PowerZone brands, the company said in a statement.
✍ Analjit to split Max India into 3 entities Billionaire Analjit Singh has decided to split his insurance and healthcare firm Max India into three separate listed entities as he "unlocks value" and charts out focused sectoral growth plans for various ventures. Singh said Max India, which is listed on the stock exchanges, will be split into three separate business verticals — life insurance; health and allied businesses; and manufacturing industries. The existing Max India will be renamed Max Financial Services, and will focus on the group's flagship life insurance business, a joint venture between Max India and Mitsui Sumitomo Insurance Co. The second company will manage investments in the health and related businesses, including Max Bupa Health Insurance, of which 74% is owned by Max India and the rest by British health insurance provider Bupa. This venture will now be re-named Max India and will also house Antara Senior Living, which is managed by Singh's daughter.
✍ Shriram City Union Finance net up 11% Shriram City Union Finance's net profit for the third quarter of FY 15 was up 11% to Rs 143 crore as against Rs 129 crore during the same period last year. Income from operations during the aforesaid period also rose 13% to Rs 896 crore.
✍ CIL stake sale on Saturday at Rs 358 per share
The government would on Saturday offer the largest stake sale in a public sector undertaking by putting on the block up to 10% in monopoly Coal India Ltd at a floor price of Rs 358 a share with a view to mopping up an estimated Rs 22,600 crore. The offer price was announced amid protests by various trade unions representing over five lakh workers in the company. The stock exchanges also sought clarification from CIL on reports that unions have threatened to 'go slow'. CIL replied it had not received any notice from any union on such a move. Rs 4,000 crore worth of shares, or 20% of the offering, would be reserved for retail investors who would get a discount of 5%. The one-day stake sale would be conducted during market hours from 9 am to 3.30 pm. Some 31.58 crore shares, or 5%, would be on offer and the government could sell another 5% if there is demand for more. At this floor price, the total 10% stake can fetch the government Rs 22,600 crore. This would surpass the existing record of over Rs 15,000 crore mopped up through an initial public offering in CIL in 2010.The offering, made at a price of Rs 245 a share, was oversubscribed by more than 15 times.
✍ Karur Vysya Bank net profit up 7% The Reserve Bank has allowed foreign investors to have 100 per cent holding in chemical products distributor Veritas (India) Ltd. The raising of foreign investment limit to 100 per cent follows passage of a special resolution by the company, agreeing to enhance the limit for purchase of its equity shares and convertible debentures by FIIs/RFPIs, RBI said. Veritas (India) deals in international trade and distribution of chemicals including petrochemicals, polymers, paper & paper boards, rubber and heavy distillates.
✍ RBI allows FIIs to hold 100% equity in Veritas Ltd Karur Vysya Bank posted a net profit of Rs 114 crore in the third quarter of FY 15, a 7% increase from Rs 107 crore it earned during the same period in the previous fiscal.However, NPA (non-performing assets) of the bank continued to rise to Rs 680 crore as on December 31st 2014 as against Rs 485 crore during the quarter ended December 31, 2013.Net NPA of the bank rose to Rs 257 crore as against Rs 158 crore during the same period last year.The gross NPA ratio also increased from 1.47% to 1.91% while net NPA also rose to 0.73% as against 0.48% on December 31 2013.
✍ SBI settles debenture probe case with Sebi, pays Rs 6.8 lakh ICICI Bank has dipped nearly 6% to Rs 358 on National Stock Exchange (NSE) after the bank said that its net non performing assets (NPA) for the quarter ended December 31, 2014 (Q3) stood at 1.27% against 1.09% in September quarter. The gross NPA was at 3.40% as against 3.12% a quarter ago.The country's biggest private lender has recorded a 14% increase in net profit at Rs 2,889 crore in the third quarter ending December 2014. It was Rs 2,532 crore in the same period a year ago.The bank’s provisioning for bad loans increased by 41% at Rs 980 crore
against Rs 695 crore in year ago quarter.
✍ HDFC Q3 net profit rises 11.5 pct on higher loan growth City based private sector bank - Karnataka Bank posted a net profit of Rs 317.03 crore for the first nine months of the current year against Rs 229.82 crore for corresponding period last year, registering a year-on-year growth of 37.95%. For standalone third quarter of the current year, the bank earned a net profit of Rs 106.94 crore as against Rs 106.70 crores during Q3 of 201314, P Jayarama Bhat, managing director and CEO said.
✍ Karnataka Bank registers Rs 106.94 crore profit for third quarter State-run banking giant SBI has settled a probe by markets watchdog Sebi into alleged violations of debenture trustee regulations during certain public and private bond issues fourand-a-half years ago. The case has been settled after State Bank of India (SBI) agreed to pay Rs 6.8 lakh towards 'settlement charges', Sebi said today while disposing of the ongoing adjudication proceedings against the bank in this matter. SBI was found to have acted as both lender and debenture trustee to certain companies.
✍ ICICI Bank dips over 5% post Q3 results Housing Development Finance Corp (HDFC), India's top mortgage lender, posted an 11.5 percent gain in quarterly net profit, in line with estimates, aided by higher loan growth. Net profit rose to 14.25 billion rupees ($232 million) in the October-December quarter from a year earlier, HDFC said on Thursday. Analysts were expecting a net profit of 14.27 billion rupees, according to Thomson Reuters I/B/E/S. Income from operations increased 13 percent in the fiscal third quarter to 67.58 billion rupees, the company said in a statement to the stock exchange. Net interest margin, a key measure of profitability, fell to 3.93 percent for the nine months ended December, compared with 3.99 percent from a year earlier, HDFC CEO Keki Mistry said in a TV interview. ($1 = 61.4500 Indian rupees)
✍ NTPC Q3 net hits a new high, up 7% at Rs. 3,074 cr NTPC Ltd on Friday reported a seven per cent year-on-year growth in net profit for the third quarter of fiscal 2014-15. Net profit for the quarter stood at Rs. 3,074 crore as against Rs. 2,861 crore in the same quarter last year.The company said in a statement that the profit is the highest recorded by the company for the third quarter.The increase in profit came despite a marginal drop in net revenue. The company's net revenue for the quarter stood at Rs. 19,339 crore as against Rs. 19,589 crore in the same quarter last year.
� Tata Motors plans Rs 7,500cr rights issue Troubled carrier SpiceJet Ltd said its board has approved selling shares worth up to 15 billion rupees ($242.6 million) in the company, following a deal between its current majority owner and a co-founder leading a rescue plan.Ajay Singh, who helped found the airline in 2005, agreed this month to buy a controlling stake from billionaire majority owner Kalanithi Maran's Sun Group in a bid to turn around the money-losing airline.SpiceJet has been struggling to pay its bills due to a cash crunch and had briefly grounded planes in December.The carrier said on Friday its board had decided to increase the authorised share capital of the company to 20 billion rupees - comprising 1.5 billion equity shares of 10 rupees each and 5 million nonconvertible redeemable preference shares of 1,000 rupees each.SpiceJet's board also decided to allot up to 3.75 million preference shares to Kalanithi Maran or one of his group firms.
� Maruti Suzuki Q3 net profit rises 18% at Rs 802 crore The country's largest carmaker Maruti Suzuki India on Tuesday reported 17.8 per cent increase in net profit at Rs 802.2 crore for the third quarter ended December 31, 2014. he company had posted a net profit of Rs 681.15 crore in the same period last fiscal, Maruti Suzuki India said in a statement.Net sales during the quarter stood at Rs 12,263.14 crore, up 15.5 per cent as against Rs 10,619.68 crore in the same period previous fiscal. Volume sales in the quarter were up 12.4 per cent at 3,23,911 units as compared to 2,88,151 units in the same period last fiscal, it added. Domestic sales were at 2,95,202 units asagainst 2,68,185 units in the same period last fiscal while exports stood at 28,709 units as compared to 19,966 units in the year-ago period.
� SpiceJet board approves up to $243 million share sale plan Weighed down by debt and losses in its India business, Tata Motors, the world's fourth largest truck maker, plans to raise up to Rs 7,500 crore via a rights issue over the coming months, its third such offering in the company's history since it got listed in 1955.Cyrus Mistry-led Tata Motors will be approaching shareholders for their approval to allow the vehicle manufacturer to issue new equity shares to reduce its debt load, which stood at Rs 60,774 crore as on September 30, 2014. The rights issue will be for both ordinary and class A (commonly called DVRs or differential voting rights) shareholders. Through a rights offering, a company gives its existing shareholders new shares in proportion to their current holding. Such a fund-raising method also allows promoters to avoid diluting their stakes in the company. Tata Motors' promoters, including Tata Sons, hold about 34% in the maker of Nano and Jaguar cars, which currently has a market capitalization of Rs 1.63 lakh crore.
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