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TECHNICAL VIEW MOVING AVERAGE 21 DAYS
50 DAYS
100 DAYS
200 DAYS
NIFTY
8050
8045
7857
7242
BANK NIFTY
16316
16097
15675
14024
NIFTY PIVOT REPORT DAILY
R2 8580
R1 8440
PP 8370
S1 8300
S2 8160
WEEKLY
R2 8637
R1 8463
PP 8376
S1 8289
S2 8115
MONTHLY
R2 8648
R1 8466
PP 8375
S1 8284
S2 8111
BANK NIFTY PIVOT REPORT DAILY
R2 18014
R1 17620
PP 17423
S1 17226
S2 16832
WEEKLY
R2 18901
R1 17869
PP 17353
S1 16837
S2 15805
MONTHLY
R2 18866
R1 17834
PP 17318
S1 16802
S2 15794
NSE EQUITY DAILY LEVELS COMPANY
R3
R2
R1
PP
S1
S2
S3
ACC ALBK
EQ 1535 EQ 121
1517 117
1508 116
1499 113
1490 112
1482 109
1464 105
AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBRODA BANKINDIA BHEL BHARTIARTL CIPLA
EQ EQ EQ EQ EQ EQ EQ EQ EQ
231 665 445 2665 945 294 260 421 688
229 661 442 2638 937 289 259 410 677
226 654 436 2601 924 282 256 403 662
224 650 433 2574 916 277 255 392 651
221 643 427 2536 903 270 252 385 636
216 632 418 2472 882 258 248 367 610
236 676 454 2729 966 306 264 439 714
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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 SSLT 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
391 134 3365 611 3643 1687 1181 941 3196 173 774 1687 371 744 4192 174 1167 1762 1382 32991 3518 420 310 656 117 513 1038 704 81 2811 275 207 567 100 523 255
379 129 3260 570 3569 1646 1137 924 3133 167 754 1653 363 730 4113 167 1139 1702 1343 32169 3414 411 295 643 111 492 1016 665 78 2748 268 203 549 96 504 240
374 127 3214 549 3538 1627 1121 917 3098 165 746 1640 359 725 4082 164 1128 1678 1324 31742 3376 408 290 638 108 483 1008 651 77 2725 265 201 542 94 497 232
367 124 3155 529 3494 1605 1085 907 3069 161 734 1619 355 716 4034 160 1111 1640 1304 31347 3311 402 280 630 105 471 994 626 75 2685 260 199 531 93 485 225
362 122 3109 508 3464 1586 1077 900 3034 160 726 1606 351 711 4003 157 1100 1617 1285 30920 3272 399 275 625 102 462 986 612 74 2662 257 197 524 90 478 217
355 119 3050 488 3420 1564 1049 890 3005 159 714 1586 347 702 3955 153 1083 1579 1265 30525 3207 393 265 617 99 450 972 587 72 2622 252 195 513 88 466 210
343 114 2945 447 3346 1524 1005 873 2941 155 694 1552 339 688 3876 146 1055 1518 1225 29703 3103 384 250 604 93 429 950 548 69 2559 244 191 495 84 447 195
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NSE WEEKLY NEWS UPDATE ✍ RBI’s surprise reverse repo gets Rs 46k cr bids In a surprise move, the RBI on Wednesday announced a reverse repo auction of Rs 60,000 crore and accepted bids for Rs 45,663 crore at a cut-off rate of 7.99%. Through reverse repo, banks who are flush with funds keep the same with the RBI. Wednesday's reverse repo auction indicates that there is ample liquidity in the system and not enough takers of funds at the current high rate. This, in turn, may soon prompt the RBI to cut rates. "Liquidity in the system is plentiful, with robust capital inflows (aided also by the recent move by Japan to expand its stimulus package), government spending and low credit growth. All these will result in further downward pressure on yields," said Soumya Kanti Ghosh, chief economic advisor. ✍ Bain to sell Rs 1,200cr stake in Hero Moto American private equity fund Bain Capital is selling $200 million (Rs 1,200 crore) worth of shares in Hero MotoCorp, with an option to sell more, it is learnt. The fresh development will reduce the firm's stake in the country's biggest motorcycle and scooter maker from 5.77% to 3.47%. Bain Capital is selling 42 lakh Hero MotoCorp shares between Rs 2,860 and Rs 2,963 apiece, a 3.5% discount to the New Delhi-based company's Wednesday closing price. In June, Bain had raised $250 million by selling a small part of its stake. Bain invested in Hero MotoCorp in 2011 as the Hero Group raised money to buy its Japanese partner Honda Motor's stake in the company, then called Hero Honda. ✍ Coal block winners may have to pay 10% upfront Winners of coal blocks for steel, sponge iron and captive power plants would have to pay 10% of the floor price upfront. Subsequently, they would have to pay on a per-tonne basis an amount that would be calculated by annuitizing the remaining bid value, government sources privy to discussion on the methodology of auctioning coal blocks said. ✍ Karnataka Bank records growth of over 200% in net profit in Q2 Karnataka Bank, the private sector lender witnessed a sharp rise in share price on Monday after the bank reported a growth of 3.06 times in second quarter profit. The bank reported a profit of Rs 884.6 million for the quarter ended Sept. 30, 2014, compared with Rs 289.5 million, a year ago.Quarterly income totalled at Rs 12.78 billion, an increase of 10.93% over Rs 11.53 billion in the same period a year ago.Net interest income, the difference between interest earned and interest expended, rose by 4.5 percent to Rs 297.3 crore in the quarter ended September 2014 compared to Rs 284.5 crore in same quarter last year. ✍ SAT allows DLF to redeem Rs 1806 cr of mutual fund investments In a major interim relief to DLF, the Securities Appellate Tribunal on Wednesday allowed the realty giant to redeem mutual funds worth Rs 1,806 crore to meet working capital needs and service debt payments. DLF had sought permission to redeem money locked in mutual funds after being slapped with market regulator Sebi's ban last month that bars it from accessing the capital market for 3 years.The final hearing in DLF's main appeal against the Sebi order would
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commence on December 10, prior to which Sebi and the company will have to file their replies with Securities Appellate Tribunal (SAT). ✍ Russian firm raises fresh demand of $248m from NTPC The government finds itself in a bind as Russian engineering, procurement and construction company TPE (Technopromexport) continues to give state-run generation utility NTPC a runaround, raising the prospect of further delaying the 1,980 mw Barh power project in Bihar. After overshooting the completion schedule by more than three years and receiving $190 million in 2010, TPE has now raised a demand for an additional $248 million for completing the remaining work. ✍ FIIs hike stake in HDFC to record-high of nearly 78% Emerging as one of the most-liked stocks for foreign funds, mortgage giant HDFC has seen overseas investors raising their stake in the company to a record-high of nearly 78% during the quarter ended September 2014. The mortgage financier has also become the first listed Indian company among 30 Sensex firms to have over 75% shareholding by foreign institutional investors (FIIs). Cumulative FII holdings in the company rose to 77.85% in the JulySeptember quarter this year from 73.09% in three months ended September last year, according to data from stock exchanges. ✍ IOB reports 1st loss in 21 years A day after Indian Overseas Bank reported a net loss of Rs 245.5 crore for the quarter-ended September, the government admitted that there was a "problem" at the Chennai-headquartered bank. The state-run lender slipped into the red for the first time in almost 21 years. Increased provisions resulted in bank reporting a loss of over Rs 245 crore during the second quarter of the current financial year, compared with a profit of Rs 132 crore a year ago. IOB had last reported a loss in 1992-93 when the new prudential norms had resulted in losses of Rs 752 crore. While several state-run banks are under pressure, in recent years only United Bank of India has reported a quarterly loss on account of bad debt but has since recovered. ✍ ITC profit jumps 16% to Rs 2,425cr Tobacco-to-hotel-to-FMCG major ITC has witnessed a 15.6% jump in net profit to Rs 2,425 crore in the quarter ended September 30 from Rs 2,230 crore owing to impressive performances in tobacco, paperboard and agri businesses. The revenue at Rs 8,930 crore recorded a growth rate of nearly 15% driven by agri business, branded packaged foods, personal care and cigarettes. The new FMCG business registered an impressive top line growth and one of the highest in the industry despite trying circumstances, an ITC official said. ✍ Mahindra net dips by 4% to Rs 947 crore Auto major Mahindra & Mahindra on Friday reported a 4.33% decline in standalone net income at Rs 947 crore in the three months to September due to poor sales following a weak monsoon in some parts of the country. On a standalone basis, net sales stood at Rs 9,418.10 crore, up 6.84% from Rs 8,814.33 crore earlier.
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✍ Maruti October sales dip 1.1% to 1,03,973 units Country's largest car-maker Maruti Suzuki India (MSI) on Saturday reported a 1.1% decline in total sales in October at 1,03,973 units as against 1,05,087 units in the same month last year.The company said its domestic sales rose by 1% during the month to 97,069 units as against 96,062 units in October, 2013. Sales of mini segment cars, including M800, Alto, AStar and WagonR, declined by 9.2% to 35,753 units compared to 39,379 units in the year-ago month, MSI said in a statement. ✍ Aurobindo Pharma hits new high on robust Q2 results Aurobindo Pharma is trading higher by 3% at Rs 1,032 on NSE after reporting a robust 58% year on year (yoy) jump in consolidated net profit at Rs 372 crore for the second quarter ended September 2014 (Q2), mainly on account of overall growth led by US Generics. The drug maker had profit of Rs 235 crore in a year ago quarter. Consolidated net operating income in July-September quarter grew by 50% to Rs 2,881 crore against Rs 1,914 crore in the corresponding quarter of previous fiscal. EBITDA or operating profit margin however, declined to 22.1% from 22.9% during the recently concluded quarter. ✍ Bank of Baroda dips on decline in Q2 net profit Bank of Baroda was down 2% to Rs 934 on the Bombay Stock Exchange (BSE) at 1035 hrs as the bank reported a 5.5% dip in Q2 net profit at Rs 1,104 compared to Rs 1,168 crore in the year-ago period.Gross NPAs rose to 3.32% compared to 3.11% in the previous quarter.The bank's net NPA came in at 1.74% compared to 1.58% q-o-q. NII was at Rs 3,401 crore for the quarter ended 30 September, 2014 compared to Rs 2,895 crore in the same period last year.
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