TECHNICAL VIEW MOVING AVERAGE 21 DAYS
50 DAYS
100 DAYS
200 DAYS
NIFTY BANK NIFTY
8495 19018
8343 17901
7943 16489
8747 19531
NIFTY PIVOT REPORT DAILY
R2 9150
R1 8934
PP 8826
S1 8718
S2 8502
WEEKLY
R2 9852
R1 9109
PP 8738
S1 8366
S2 7623
MONTHLY
R2 10037
R1 9183
PP 8756
S1 8329
S2 7475
BANK NIFTY PIVOT REPORT DAILY
R2 20389
R1 19733
PP 19405
S1 19077
S2 18421
WEEKLY
R2 22837
R1 20341
PP 19893
S1 17845
S2 15449
MONTHLY
R2 24859
R1 21103
PP 19225
S1 17347
S2 13591
NSE EQUITY DAILY LEVELS COMPANY
R3
R2
R1
PP
S1
S2
S3
ACC ALBK
EQ 1686 EQ 118
1654 114
1638 113
1621 111
1606 109
1589 107
556 103
AMBUJACEM ASIAN PAINT AXISBANK BAJAJ-AUTO BANKBARODA BANKINDIA BHEL BHARTIARTL
EQ EQ EQ EQ EQ EQ EQ EQ
270 845 593 2300 187 243 270 361
267 835 586 2282 184 239 265 358
263 825 581 2266 182 232 258 354
260 815 573 2249 179 228 252 351
256 805 569 2232 177 221 245 346
249 785 556 2198 172 211 232 339
277 864 605 2333 192 254 283 368
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 SSLT SBIN 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
761 407 179 3438 455 3973 2046 1,324 1107 2951 161 919 354 394 898 2383 163 1385 1710 1322 43891 3784 351 268 774 75 492 940 478 61 222 345 985 586 87 380 196
718 390 168 3390 432 3920 2019 1293 1088 2898 157 905 348 384 884 2342 157 1345 1686 1246 42359 3688 346 254 748 73 479 928 462 60 217 322 961 574 85 374 189
692 383 161 3364 418 3892 2007 1280 1077 2874 155 898 346 381 878 2318 154 1327 1675 1219 41404 3654 342 249 733 72 470 924 454 59 215 315 946 569 84 370 185
675 373 157 3342 409 3866 1992 1261 1070 2844 153 892 343 375 871 2302 150 1305 1662 1171 40827 3592 340 241 723 71 466 916 446 59 213 300 937 562 84 367 181
649 366 151 3316 396 3838 1980 1248 1059 2821 151 885 340 372 864 2277 147 1287 1651 1143 39872 3558 337 236 708 70 457 912 438 58 210 292 922 557 83 363 178
632 356 146. 3294 386 3812 1965 1230 1052 2791 149 878 337 366 864 2261 143 1265 1638 1095 39295 3497 334 228 697 69 453 904 430 58 208 277 913 550 82 361 174
590 339 136 3246 364 3758 1937 1199 1033 2738 145 864 331 357 843 2220 137 1225 1614 1020 37763 3401 329 215 671 67 440 893 415 57 203 255. 889 538 81 354 166
NSE WEEKLY NEWS UPDATE ✍ SBI Q3 net profit rises 30% to Rs 2,910 cr, NPA improves; shares surge 7% The country’s largest bank State Bank of India bucked the trend to post a 30 per cent rise in net profit for the October to December quarter FY15 at Rs. 2,910 crore. The profit was driven by improvement in asset quality, higher non-interest income and operating profit.Net interest income (difference between interest earned and expended) rose by 9 per cent to Rs. 13,777 crore during the quarter from Rs. 12,640 crore in the year-ago period. Non-interest income jumped 24 per cent year-on-year to Rs. 5,238 crore on account of healthy treasury book. Operating profit grew 22 per cent to Rs. 9,294.5 crore in the December quarter.Gross nonperforming assets (NPA) as a percentage of total advances improved to 4.90 per cent in Q3FY15 from 5.73 per cent in the year-ago period. Sequentially, it remained almost flat against 4.89 per cent in previous quarter.Net NPA was 2.80 per cent during the quarter against 3.24 per cent in the corresponding quarter of last fiscal. ✍ Higher provisions for bad loans However, the profit was limited due to higher provisions for bad loans that increased by 26 per cent year-on-year (up 22.5 per cent sequentially) to Rs. 5,235 crore. As of December 2014, total advances grew 7 per cent year-on-year to Rs. 12.33 lakh crore while deposits were up 12 per cent to Rs. 15.10 lakh crore.Though operating expenses rose 5.5 per cent to Rs. 9,720 crore on account of higher other operating expenses, the employee cost declined marginally to Rs. 5,842 crore from Rs. 5867 crore on yearly basis. ✍ M&M in Rs 4 thousand crore deal to buy Pipavav Defence Mahindra & Mahindra is taking a majority stake in Pipavav Offshore and Defence Engineering (PODE) in a Rs 4,000-crore multi-layered deal. Pipavav promoter Nikhil Gandhi would retain a minority stake in his company including a position on the board of the company, said sources in the know of the development. Mahindra Defence Systems (MDS) will purchase a 19% stake in Pipavav Defence from the Gandhis, who own about 45% in the company. Later, Pipavav Defence will issue preferential shares to MDS to raise its stake to 40%. In the third phase, MDS will make an open offer to get management and control of Pipavav Defence, which has a debt of around Rs 6,800 crore. The fresh equity that will be issued will give Pipavav Defence an enterprise value of $2 billion. Pipavav has an order book of Rs 9,000 crore and has bid for projects worth Rs 30,000 crore. ✍ SpiceJet flies deeper into red, Q3 loss widens to Rs 275cr In the middle of an ownership change, budget airline SpiceJet on Thursday reported a steep 59 per cent rise in its third-quarter net loss at Rs 275 crore on lower passenger numbers and a one-
time cost of Rs 295 crore. The cash-strapped airline was forced to ground flights for some days during the quarter after its vendors refused to offer credit. This resulted in the airline witnessing a 31 per cent decline in capacity, while revenue fell 27 per cent to Rs 1,300 crore, from Rs 1,769 crore in the year-ago quarter. The net loss has widened from Rs 173 crore during the September-December 2013 quarter, said the airline whose co-founder Ajay Singh has returned as its promoter after buying stake from the Maran family. ✍ Voltas Q3 net up 73% at Rs 107 crore Tata Group firm Voltas Ltd today posted 73.4 per cent rise in consolidated net profit at Rs 107.37 crore for the third quarter ended December 31, 2014. The company had posted a net profit of Rs 61.92 crore for the same period of previous fiscal. Net sales of the company, however, declined to Rs 938.97 for the third quarter, as against Rs 1,114.99 crore during the same period of previous fiscal, Voltas Ltd said in a filing to the BSE. ✍ Godrej Industries Q3 net profit rises 38.96% to Rs 90.65 crore Godrej Industries on Wednesday reported 38.96 per cent increase in consolidated net profit at Rs 90.65 crore for the quarter ended December 2014. The company had posted a net profit of Rs 65.23 crore for the corresponding period of last fiscal, Godrej Industries said in a BSE filing. Net sales of the company rose to Rs 2,236.56 crore in the quarter under review, up 14.09 per cent from Rs 1,960.23 crore in the corresponding period of the previous fiscal ✍ Sun TV shares surge 10% on smart Q3 earnings Stocks of Sun TV today surged 10 per cent after it reported 15.25 per cent increase in net profit for the third quarter ended December 31. The stock ended the day 9.02 per cent higher at Rs 416.55 on the BSE. During the day, it soared 9.91 per cent to Rs 420. At the NSE, it settled with a sharp gain of 10.06 per cent at Rs 419.40. The company had reported net profit of Rs 185.79 crore for the October-December period in 2013-14. ✍ GDP growth this fiscal estimated at 7.4% vs 6.9% Economy is likely to grow at a faster pace of 7.4 per cent in the current fiscal as against 6.9 per cent in 2013-14, according to government's advance estimates for GDP based on the new calculation methodology. The data further said economy grew by 7.5 per cent in the SeptemberDecember quarter of the current fiscal after a growth rate of 8.2 per cent in the preceding quarter. Real GDP or GDP at constant (2011-12) prices in the year 2014-15 is likely to attain a level of Rs 106.57 lakh crore, as against the First Revised Estimate of GDP for the year 201314 of Rs 99.21 lakh crore, released on 30th January 2015. The growth rate in GDP during 201415 is estimated at 7.4 per cent as compared 6.9 per cent in 2013-14," the Central Statistics
Office (CSO) said. ✍ CCI orders second probe in 2 days against DLF The Competition Commission has ordered a fresh probe against realty major DLF, finding the company to have prima facie abused its dominant position, making it the second such probe ordered within two days. The new order dated February 5 and released on Tuesday, in which the CCI has asked its investigative arm to conduct a detailed probe, relates to alleged "abuse of dominant position in development and sale of residential units in Gurgaon" for the Skycourt residential project of DLF Universal. This follows another probe ordered by the CCI on Monday for a probe into similar complaints related to the 'Regal Gardens at DLF Garden City' project in Gurgaon. In another case, the CCI had imposed a penalty of Rs 630 crore on DLF in August 2011. The company challenged that order before the Competition Appellate Tribunal, which upheld the penalty, after which DLF moved the Supreme Court. ✍ HDFC Bank raises Rs 9,800cr via QIP, ADR HDFC Bank, one of the leading private sector banks in India, on Thursday raised nearly Rs 9,800 crore through a combination of foreign and domestic offerings. The fund-raising was aided by the government's recent clearance for foreign investors to invest in the bank. HDFC Bank had a shareholder permission to raise up to Rs 10,000 crore through issue of shares.On Thursday, the bank raised about Rs 7,800 crore through an American depositary receipt (ADR) offering on the New York Stock Exchange where it is already listed. It offered 2.2 crore ADRs at $57.76 each, with each depositary share representing three shares of the bank. It also sold about 1.87 crore new shares in the domestic market at Rs 1,067 per share, aggregating to Rs 1,985 crore through a qualified institutional placement (QIP) offering that was oversubscribed over four times. ✍ IFCI arm to sell 9% stake in fertilizer company IFCI Venture Funds, with Rs 1,000 crore of funds under management, plans to sell its 9% stake in Shree Pushkar Chemical and Fertilisers (SPCFL), one of the leading manufacturers of dyeintermediates, acid complex, cattle feed supplement and fertilizers. IFCI will offer 20 lakh shares when the company hits the capital market next month to raise Rs 75 crore. IFCI Venture had bought a 27% stake in SPCFL in 2009 and has recovered its entire money in a share buyback programme by the promoters last year when it sold 16% stake in the company. It will make profits on its investments by selling another 9% next month during its IPO.
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