EQUITY REPORTS FOR 30 DECEMBER 2014

Equity trading tips

• S&P BSE Sensex expand profit gains for second straight session and ended 153.95 points upward led by metals, auto and healthcare sectors. 

• The 30-share index ended at 27,395.73, up 153.95 points or 0.57 per cent. It strike a max of 7,507.25 and a low of 27,266.49 in trade today. 

• Nifty closed 8,246.30, up 45.60 points or 0.56 per cent. It touched a max of 8,279.15 and a low of 8,214.70 in trade today. 

• Hindalco (up 3.02 per cent), Tata Motors (up 2.32 per cent), Sesa Sterlite (up 4.15 per cent), Coal India (up 1.92 per cent) and Hero MotoCorp (up 1.86 per cent) were among the major Sensex profit gainers. 

• M&M (0.31 per cent), Bharti Airtel (1.13 per cent), ICICI Bank (0.57 per cent), SBI (0.21 per cent) and Cipla (0.06 per cent) were the among the Sensex major losers. 

• The market breadth was positive on the BSE with 1606 profit gainers against 1313 losers. 

ECONOMY ANALYSIS 

• Bharti falls 1% , Nifty closed below 8250, Sensex rise up 154 pts; banks in red

• Signs MoU with Rajasthan government , Career Point profit gains 12%

• Aban Offshore soars 13% as CARE upgrades rating 

• Titagarg grp's defence orders stand at Rs 130 cr: Cimmco 

• ING Bank staff demand job safety post merger, to hit on Jan 7 

DAILY GAINERS AND LOSERS 

GAINERS

Jindal Steel

Asian Paints

Coal India

Sesa Sterlite

Hindalco

LOSERS 

Cairn India

PNB

Kotak Bank

Bharti Airtel

NMDC

WEEKLY EQUITY MARKET ANALYSIS

NIFTY ANALYSIS 

• Nifty has retake ending below its 55 days moving average, however a spinning top is has formed indicating a  turnaround in current trend.

• Positional Support for NIFTY 7990 

• Positional Resistance of NIFTY is 8370 

• Immediate resistance for NIFTY is 8270 

• Intraday Support of NIFTY is 8150/8080 

• Oscillator Analysis The oscillator is showing Reversal signal 

WEEKLY GAINERS AND LOSERS

Jindal Steel

Ultratech

Bharti Airtel

DLF

NTPC

LOSERS

Hindalco

L&T

BHEL

Tata Power

Infosys

SpiceJet Rise Up 10%

• SpiceJet rise up 10% ahead of revival plan submission to government

• Nifty closed at 8201; TCS & HDFC are profit gainers, Maruti slides 1% 

• Va Tech rise upward 5% on Philippines sewage treatment plant order 

• Essar Oil gains 4% of profit, co to buy 74% stake in Vadinar Power 

• Vodafone and Idea decide to on VoIP service rates in January 

• RINL IPO postpone as co still assessing damages due to Hudhud

SpiceJet Riseup 10% ahead of Amelioration Plan

SpiceJet riseup 10% ahead of amelioration plan submission to government

As Investors overtake upward more shares of SpiceJet ahead of submission of amelioration plan to the government on Friday. The stock gained profit as much as 10.5 percent intraday. Troubled budget carrier SpiceJet would submit a amelioration plan to the government today on the basis of a proposed investment of USD 200 million from initiate promoter Ajay Singh and US-based JP Morgan Chase, Reports estimate that quoting unnamed official sources.

Airline has already sustain Rs 17 crore from the investors, the sources said, adding that it has moped off all its dues to the oil companies. At 10:22 hours IST, the stock was quoting at Rs 19, up Rs 1.35, or 7.65 percent on the BSE.

Equity Market Muffle For 24 December

Infosys and ITC in profit, Nifty,sensex down, Hindalco pull

Market is inactive with the Sensex downwards 46.48 points at 27459.98. Nifty is also in downward 13.35 points at 8253.65. About 1134 shares have advanced, 1037 shares reduce, and 83 shares are same. Hindalco, NTPC, ONGC, Dr Reddy's Labs and HDFC are among the defeaters in the Sensex. Coal India, ITC, M&M, Infosys and Hero are the profit Gainers. Japanese stocks reassemble and the dollar stood tall thanks to surprisingly durable US economic growth, helping investors head into the Christmas holidays in a more relaxed mood after the global markets conflict of the past two weeks.

MARKET MUFFLE

Nifty and Sensex slided by 0.68% and 0.71% 

Indian markets ended down. 

Wall Street ended up.USD industrial prod.m/m at 1.3%. Dow futures up 77pts. 

Nikkei slided by 0.08% and Hang seng up by 0.32%. 

Asia-Pacific markets assorted.

Absence of Profundity in Indian Equity Cause of Concern

Absence of profundity has often been cited as a major concern in the development of Indian equity . The latest analysis offers more proof that despite increasing interest of foreign institutional investors, Indian stock market pursue to be control by a handful of companies with a large market capitalisation. The intermix market capitalisation of the 10 largest companies is one fourth, 28.4 per cent, to be exact, of the total market cap of S&P BSE 500 companies.

Analysis of S&P 500, which encompass maximum US companies, shows that top 10 companies form 17.4 per cent of the market cap of the entire index. Absence of market deepness becomes a major concern in a fatten economy since it tends to enlarge the smash on cost of trades. This is because more funds chase a smaller pool of individual stocks, thus enlarging price volatility.

EQUITY WEEKLY MARKET ANALYSIS

NIFTY ANALYSIS

• Positional Resistance of NIFTY is 8290 

• Positional Support for NIFTY 7960 

• Intraday Support of NIFTY is 8170 

• Immediate resistance for NIFTY is 8270 

• Oscillator Analysis The oscillator is showing SELL signal 

• A strong marubozu has formed and Nifty has taken closing  below 55 days moving average. 

• Sell on rise is advised.

                                      

NEWS INSIGHT

• Metals in profit ,Nifty closed above 8,200; tech 

• Growth at 5.5% in Narendra Modi government pegs FY15 GDP 

• Dr Reddy's obtain Habitrol brand 

• 5% of stake is sell by IDBI bank in NSE(National Stock Exchange ) 

• After buying time from creditors SpiceJet up 

• Deal St sees $29 bn M&As in '14; eyes $40 bn in '15 

• Government determine to pay 8.75% interest on PF for 2014-15 

• IDBI to sell 5% stake in NSE 

• GST Constitutional Amendment Bill tabled in Lok Sabha 

WEEKLY GAINERS AND LOSERS

GAINERS 

ONGC 

Zee Ent.

BHEL

HCL Tech.

HDFC 

LOSERS

DLF 

Dr. Reddys Lab 

ITC 

Asian Paints

HUL 

EQUITY REPORT FOR MONDAY 22 DECEMBER

ECONOMY ANALYSIS

• For e-auction Coal ministry releases approach paper . 

• Metals make profit, nifty over 8,200; tech. 

• 15% of profit gain Panacea on strategic alliance with US firm . 

• IT stocks gain after Accenture ups revenue outlook . 

• After Accenture Move ups revenue outlook IT stocks gain. 

• Deputy governors of RBI defend new refinancing norms . 

• Indian rupee opens maximum at 63.05 a dollar . 

MARKET ANALYSIS

• Market breadth was positive on the NSE with 806 profit gainers against 712 losers. 

• Nifty extend profit gains for second straight session and closed above 8,200 led by gains in technology. 

• S&P BSE Sensex ended at 27,355.30, up 228.73 points or 0.84 per cent. It touched a high of 27,497.12 and a low of 27,292.14 in trade today. 

• S&P BSE Midcap Index was up 0.27 per cent and the S&P BSE Smallcap Index gained 0.44 per cent. 

• Among the sectoral indices, the S&P IT Index rushed 1.99 per cent, the S&P BSE Metal Index was 1.78 per cent higher and the S&P BSE Oil & gas Index gained 1.44 per cent. 

• 50-share index closed at 8,225.20, up 65.90 points or 0.81 per cent. It touched a high of 8,263.45 and a low of 8,208.60 in trade today. 

• S&P BSE Auto Index was low-lying 0.12 per cent and the S&P BSE FMCG Index slided 1.24 per cent. 

DAILY GAINERS AND LOSERS 

GAINERS 

Jindal Photo 

Visesh Inf. 

Consolid. Finv 

JCT Electronics 

Arvind Rem.

LOSERS 

Pan India Corp.

Vakrangee

Bang Overseas 

Dr. Datasons 

Monte Carlo

Spicejet Pays Cash To Buy Fuel:Equity Reports

ECONOMY ANALYSIS

• Operation continue spicejet pays cash to buy fuel 

• Nifty ends at 8159, Sensex obtain over 416 pts, BHEL jump 5% 

• Coal ministry proceed towards paper for e-auction 

• Transformers & Rectifiers rise up 16%, in pact with Japanese co 

• L&T raise up 2%, arm gets investments from Canada Pension Board 

• Rupee weakness up resuming, discern yields at at 7.60% in Q1: Deutsche

MARKET ANALYSIS

• The S&P BSE Sensex break its five-day fall and increase as much as 470 points in trade on Thursday to recover its crucial psychological level of 27000, Infosys BSE 1.33 %, led by gains in ICICI BankBSE 3.82 %, ITCBSE 0.81 %, State Bank of IndiaBSE 1.66 % and Tata Motors LtdBSE 1.94 %. 

• The 30-share index eventually closed at 27126.57, up 416.44 points or 1.56 per cent. It touched a high of 27,180.92 and a low of 26,900.57 in trade today. 

• The 50-share Nifty index also managed to recover its crucial psychological level of 8150, supported by gains in consumer durable, capital goods, metal realty and banking stocks. 

• The Nifty closed at 8159.30, up 129.50 points or 1.61 per cent. It meet a high of 8,174.30 and a low of 8,084. 90 in trade today.

DAILY GAINERS AND LOSERS

GAINERS

BHEL

Jindal Steel

GAIL India

Bank Of Baroda

Cairn India

LOSERS

HUL

Grasim Ind.

Dr. Reddys

M&M 

NEWS INSIGHTS FOR EQUITY MARKET

MARKET ANALYSIS

• Moderately changeable rupee was trading at 63.63 per dollar at 03:40 pm, after weakening to as much as 63.89, its lowest since November 13, 2013. It had closed at 63.53/54 on Tuesday.
• The S&P BSE Sensex which cracked 312 points in trade on Wednesday, managed to regain losses as media reports suggested that the state-run Life Insurance Corporation of India started buying shares to stem market fall.
• The 50-share Nifty index also managed to recover its critical psychological level of 8,000 supported by gains in banks, metal and oil & gas stocks.
• Life Insurance Corporation of India started buying shares, Reuters said in a report quoting three dealers pickup trades for institutional clients.
• The S&P BSE Sensex finally closed 71.31 points lower or 0.27 per cent at 26,710.13. It hit a low of 26,469.42 and a high of 26,871.91 in trade today.
• Nifty index closed 37.80 points lower or 0.47 per cent at 8029.80. It strike a low of 7,961.35 and a high of 8,082 in trade today.

ECONOMY ANALYSIS

• 7% to three-month high in November Coal imports increase.
• Sensex closes 71 pts downwards, Nifty below 8050; ITC drop 3% .
• Government receives 4,896 enquiry on 'Make in India' portal .
• NMDC up 4%; govt asks co to ramp up production to 100 mtpa .
• M&M slips 2%, production come to rest likely for 7 days in a month .
• ONGC to use RIL payments to explicit Venezuela dues .

DAILY GAINERS AND LOSERS

GAINERS

ONGC

Sesa Sterlite

Hindalco

SBI

NMDC

LOSERS

Cairn India

DLF

Kotak Bank

Asian Paints

Cipla  

 

EQUITY NEWS FOR 17 DECEMBER

NEWS INSIGHT

• In global market S&P BSE Sensex continue its drop off after a day interval to close below 27,600
• BSE defeaters of the day were RIL, Tata Steel, ONGC, GAIL BSE -2.50 % and Airtel.
• Coal India BSE 1.00 % (up 1 per cent), Hindalco BSE 0.91 % (up 0.91 per cent), Dr Reddy's Laboratories (up 0.86 per cent), Maruti (up 0.53 per cent) and BHEL (up 0.47 per cent) were among the achiever.
• The Nifty closed at 8,292.90, down 62.75 points or 0.75 per cent. It touched a high of 8,348.30 and a low of 8,272.40 in trade today.
• Equity market fall under pressure as crude price fell near to 60$ per barrel after OPEC scroll down its projection for 2015 by about 300,000 barrels a day to 28.9 million a day.
• The 30-share index close at 27,602.01, down 229.09 points or 0.82 per cent. It comes together a high of 27,796.34 and a low of 27,539.47 in trade today.
• ONGC (3.21 per cent), GAIL (2.89 per cent), Tata Steel BASE -2.85 % (2.85 per cent), Bharti Airtel (2.77 per cent) and Reliance (2.76 per cent) were among the major Sensex losers.

ECONOMY ANALYSIS

• Data demand wish Bharti Infra up 12%, analysts bullish
• Sensex ends 229 pts down; ONGC, GAIL, Reliance sink 3%
• Loan portfolio of MFIs Improve 47 pc to nearly 29K cr in Q2
• Warns pitfall likely , GAIL slips 3%; CLSA reiterates sell
• Rs 11,488 cr exploit under NHRM till Oct: Govt
• RBI to come out with guidelines on refinance

DAILY GAINERS AND LOSERS

GAINERS

Kotak Bank

IDFC

Hindalco

Tech Mahindra

Coal India

LOSERS

Tata Steel

ONGC

RIL

Jindal Steel

Bharti Airtel  

EQUITY REPORT FOR 16 DECEMBER 2014

ECONOMY ANALYSIS

• Brent in profit, heads toward $62 in changeable trade

• Nifty close above 8200, Sensex flat; HDFC soars 5%, TCS fall 3% 

• Credit Suisse sees these FMCG cos gaining from low-lying crude 

• India to reap $12 bn-plus budget windfall from oil slip

• Mastek up 17%, arm to federate US software company 

MARKET ANALYSIS

• About 1178 shares advanced while 1724 shares dwindle on the BSE 

• It was a consolidation day as the business sector shut the first day of the week on a level note regardless of sharp fall in November WPI swelling and frail rupee. The Sensex lost more than 200 points and the Nifty down 8200 level in opening trade following decline in Asian and US peers post further fall in crude oil prices, but indices managed to recoup all those losses immediately. 

• The rupee frailed to a fresh ten-month low of 62.88 a dollar (down 59 paise) on the back of large corporate dollar demand. 

• Sensex diminish 31.12 points to close at 27319.56 and the Nifty slide 4.50 points to 8219.60. The broader markets underperformed benchmarks with the BSE Midcap and Smallcap indices lost 0.5 percent and 0.6 percent, respectively.

DAILY GAINERS AND LOOSERS

GAINERS

HDFC 

Kotak Bank 1

Coal India 

ONGC 

Zee Ent.

LOOSERS

DLF 

BPCL 

TCS 

Tech 

Sesa Sterlite 

EQUITY WEEKLY MARKET ANALYSIS

NEWS INSIGHT

• Profit booking continues, Sensex falls 251 pts; oil weighs
• Xiaomi to comply with Delhi HC order barring sales
• WB Transport minister Madan Mitra quizzed by CBI
• Rata Tata launches XPrize india contest
• Coal scam: Koda, 7 others charge-sheeted by CBI
• Max Sound files case against Google, YouTube
• IEA cuts 2015 demand growth forecasts, warns on social unrest
• FY15 sales guidance revised to 12-14% Vs 25%: TTK Prestige

NIFTY ANALYSIS

• Positional Support for NIFTY 8080
• Positional Resistance of NIFTY is 8346
• Immediate resistance for NIFTY is 8272
• Intraday Support of NIFTY is 8194
• Oscillator Analysis The oscillator is showing SELL signal
• A strong marubozu has formed and closing is below the Nifty has taken closing below 55 days moving average.
• Sell on rise is advised

EQUITY REPORT FOR 15 DECEMBER 2014

ECONOMY ANALYSIS

• Sensex falls 251 pts, Nifty ends below 8250; oil & gas drags
• IEA cuts 2015 demand growth forecasts, warns on social unrest
• Mkt's 35% gain unlikely to be replicated in 2015: Blackrock
• India caps prices of 52 more 'essential' drugs: NPPA
• SpiceJet to seek time till Jan for recapitalisation plan
• TCS prepares for restructuring; may ask non-performers to leave

MARKET ANALYSIS

• NSE index fell for a fifth session in six on Friday to post its worst weekly loss since July as oil explorers continued to slump after Brent crude prices slipped to below $63 a barrel.
• The broader NSE index closed down 0.83 per cent at 8,224.1. For the week it lost 3.7 per cent for its worst weekly performance since mid-July.
• The benchmark Sensex slumped by 251.33 points to end at 27,350.68 and logged its worst weekly drop in three years
• Shares of GailBSE -4.57 % (India) fell 4.5 per cent, while Oil and Natural Gas Corp and Reliance IndustriesBSE -2.51 % Ltd slipped 3.28 per cent and 2.54 per cent, respectively

EQUITY REPORT MARKET ANALYSIS

MARKET ANALYSIS

• The S&P BSE Sensex resumed its downtrend after a day's breather to close below 27,600 following weakness in global markets.
• Top BSE losers of the day were ONGC, Tata Steel, RIL, GAILBSE -2.50 % and Airtel.
• Global equity markets came under selling pressure as crude oil price fell to near $60 per barrel after OPEC lowered its projection for 2015 by about 300,000 barrels a day to 28.9 million a day.
• The 30-share index ended at 27,602.01, down 229.09 points or 0.82 per cent. It touched a high of 27,796.34 and a low of 27,539.47 in trade today.
• The Nifty closed at 8,292.90, down 62.75 points or 0.75 per cent. It touched a high of 8,348.30 and a low of 8,272.40 in trade today.
• ONGC (3.21 per cent), GAIL (2.89 per cent), Tata SteelBSE -2.85 % (2.85 per cent), Bharti Airtel (2.77 per cent) and Reliance (2.76 per cent) were among the major Sensex losers.
• Coal IndiaBSE 1.00 % (up 1 per cent), HindalcoBSE 0.91 % (up 0.91 per cent), Dr Reddy's Laboratories (up 0.86 per cent), Maruti (up 0.53 per cent) and BHEL (up 0.47 per cent) were among the gainers.

ECONOMY ANALYSIS

• Sensex ends 229 pts down; ONGC, GAIL, Reliance sink 3%
• Bharti Infra up 12%, analysts bullish on data demand hopes
• GAIL slips 3%; CLSA reiterates sell, warns downside likely
• Loan portfolio of MFIs grows 47 pc to nearly 29K cr in Q2
• RBI to come out with guidelines on refinance
• Rs 11,488 cr utilised under NHRM till Oct: Govt

Equity Benchmarks Demolish in Trade

Market Reviews

• The 30-share BSE Sensex drip 266.23 points to 27564.87

• NSE Nifty slide 76.75 points to 8278.90 weighed by banks, oil, auto, capital goods.

• 571 shares have move forward, 1225 shares demolish, and 53 shares are unchanged on the BSE.

• Sun Pharma, Mahindra & Mahindra, Hindustan Unilever and Bharti Airtel bucked the trend, up 0.2-0.5 percent. 

• Major Asian stocks like Hang Seng, Nikkei and Seoul Composite dropped more than a percent followed by Shanghai with 0.6 percent loss that was up in trade.

Duty Hike on Petrol, Diesel to Fetch Rs 10,500 cr

ECONOMY ANALYSIS

• Sensex tanks 322 pts, Nifty ends at 8341; midcaps & metals bleed
• Cairn, ONGC slump; Macquarie cuts target on oil price fall
• SAT to hear DLF plea against Sebi order on Wednesday
• Co registrations decline by half in Apr-Aug 2014
• Duty hike on petrol, diesel to fetch Rs 10,500 cr
• Rs 11,488 cr utilised under NHRM till Oct: Govt

MARKET ANALYSIS

• The S&P BSE Sensex plunged as much as 356 points in trade on Tuesday, after a sudden sell-off in Chinese markets led to a correction in other Asian markets, including India.
• The Nifty slipped below its crucial psychological support level 8,350 and was trading at its November 20 lows. The S&P BSE Sensex also slipped below its crucial support level of 28000 in trade today, led by losses in ONGC, L&T, ITC and ICICI Bank.
• The S&P BSE Sensex finally closed at 27,797.01; down 322.39 points or 1.15 per cent. It hit a low of 27,763.82 and a high of 28,157.53 in trade today.
• The 50-share Nifty index ended at 8,340.70, down 97.55 points or 1.16 per cent. It hit a low of 8330.50 and a high of 8444.50 in trade today. 
• The S&P BSE Midcap Index closed 1.57 per cent lower and the S&P BSE Smallcap Index declined 1.59 per cent.
• Sesa Sterlite (5.1 per cent), Bharti Airtel (4.2 per cent), Tata Power (4.1 per cent), ONGC (4.4 per cent) and NTPC (3.5 per cent) were among the major Nifty losers.

RESEARCH VIA EQUITY REPORT

MARKET ANALYSIS

• The S&P BSE Sensex plunged as much as 351 points in trade on Monday, led by sharp losses seen in Infosys, TCS, HDFC Bank, ICICI Bank and L&T.
• The Indian markets underperformed other Asian peers as profit booking extended for the second straight session in a row. The 50-share Nifty index slipped below its crucial psychological level of 8500 and also broke below its 20-DMA placed at 8452 levels.
• The BSE Sensex finally closed 338.70 points lower at 28,119.40. It hit a low of 28,097.12 and a high of 28494.85 in trade today. The 50-share Nifty index closed below its crucial psychological support level of 8500 at 8,438.25.
• Another factor highlighted by experts is the fact that December is generally seen as a slow month given the fact that most of the key events are already over. There is not much on  omestic or global front which will aide trading activity.

WEEKLY MARKET ANALYSIS FOR EQUITY

NEWS INSIGHT

• Aurobindo Pharma completes $132.5-million Natrol acquisition
• MaXposure Media Group founders buy back stake from
• Gruner+Jahr for Rs 40crore
• Mankind Pharma to expand business, looks for new markets
• Mahindra eyes West European markets for electric vehicles
• ICICI Bank to sell its Russian subsidiary
• SpiceJet nosedives over 14% as financial troubles grow;
• Jhunjhunwala keeps faith, FIIs exit
• NASA launches new Orion spacecraft and new era

NIFTY ANALYSIS

• Positional Support for NIFTY 8460
• Positional Resistance of NIFTY is 8630
• Rouble sinks to all-time low at opening, RTS hits lowest in 2014
• Immediate resistance for NIFTY is 8550
• Intraday Support of NIFTY is 8500
• Oscillator Analysis The oscillator is showing SELL signal
• Short Term Oscillator Analysis- The signal is SELL
• Market has made a Spinning top and is returning from high of 8630 which is the positional resistance. Sell of rise is advsed.

EQUITY REPORT FOR MONDAY MARKET

ECONOMY ANALYSIS

• Sensex ends 105 pts down; SAIL slips 2%, ITC gains 2%
• SAIL slips as OFS kicks off, Macquarie maintains underperform
• JSPL may raise $1 bn via bond issue
• Ashiana Housing at life high, enters Chennai realty market
• Selan Exploration up, RBI allows NRI/PIO to buy shares
• BSE changes circuit filter for Gati, Gammon, Radico, others

MARKET ANALYSIS

• The benchmark Sensex today closed nearly 105 points down at 28,458.10 buckling under fag-end profit booking in IT, oil & gas and healthcare shares, logging its first weekly loss in seven weeks.
• After opening in the positive zone at 28,604.50, the BSE Sensex surged to the day's high of 28,651.75 on continued overseas inflows and buying by retail investors.
• Soon after, however, it met with resistance at higher levels and fell back to settle at 28,458.10, a fall of 104.72 points or 0.37 per cent. Intra-day, it had touched a low of 28,409.05.
• On a weekly basis, the Sensex fell by about 236 points. This is its first weekly drop in seven weeks. 
• On similar lines, the 50-share Nifty index ended 26.10 points, or 0.30 per cent, lower at 8,538.30. Fall in shares of Wipro, Tech Mahindra, Dr Reddys, BPCL, TCS, Sun Pharma, Infosys and CiplaBSE -1.75 % stocks weighed on the NSE barometer.
• It moved between 8,523.90 and 8,588.35 during the session on alternate bouts of buying and selling.

Sensex Ends 120 pts up, Nifty Below 8600

ECONOMY ANALYSIS

• Sensex ends 120 pts up, Nifty below 8600; ITC gains 6%
• NBCC gains 5%, signs MoU with Air India for developing land
• Sadbhav Engineering hits new high as arm files DRHP for IPO
• ICICI Bank rises 2% post split of shares from Rs 10 to Rs 2
• ABB up 20%; global CEO says no plan to delist Indian arm
• Coal India falls 2%, workers' union mulls going on strike

MARKET ANALYSIS

• The S&P BSE Sensex ended a rangebound session over 100 points up led by gains in FMCG, capital goods and banks. The index had opened near all-time high level but pared some of the gains as the session progressed.
• The 30-share index ended at 28,562.82, up 120.11 points or 0.42 per cent. It touched a high of 28,808.78 and a low of 28,448.95 in trade today.
• The Nifty closed at 8,564.40, up 26.75 points or 0.31 per cent. It hit an all- time high of 8,626.95 and an intraday low of 8,526.40 in trade today.
• ITC (up 5.44 per cent), Sesa Sterlite (up 2.80 per cent), CiplaBSE 2.61 % (up 2.61 per cent), ICICI BankBSE 0.90 % (up 0.90 per cent) and HULBSE 0.87 % (up 0.87 per cent) were among the major Sensex gainers.
• Bharti AirtelBSE -2.08 % (2.08 per cent), Hindalco (1.84 per cent), BHELBSE -1.56 % (1.56 per cent), M&M (1.51 per cent) and Tata PowerBSE -1.44 % (1.44 per cent) were among the major Sensex losers.
• The market breadth was negative on the BSE with 1501 gainers against 1454 losers.

Sebi's New ODI Rules May not be a Dampener for Fund Flows

ECONOMY ANALYSIS

• Sensex ends flat; CNX Midcap Index at record closing high
• Pratibha tanks 5.1% after CRISIL downgrades credit rating
• Nov services activity grows at fastest pace in 5 months
• Sebi's new ODI rules may not be a dampener for fund flows
• China HSBC services PMI edges up to 53 in November
• Rel Cap, Bajaj Finserv, Max soar 4-8% on FDI insurance hope

MARKET ANALYSIS

• Even though the S&P BSE Sensex moved in a narrow range throughout the trading session on Wednesday, but over 200 stocks managed to hit their fresh 52-week highs on the exchange.
• The S&P BSE Sensex closed 1.3 points lower at 28442.71. It hit a low of 28370.73 and a high of 28504.65 in trade today.
• The action was seen more in realty, power, banking and banking sector as 217 stocks rose to their fresh 52-week high on the BSE with small and midcap stocks stealing the limelight.
• The stocks which rose to fresh 52-week highs include names like Axis BankBSE 1.35 %, Yes Bank, ICICI BankBSE 1.27 %, HUL, United Spirits etc.
• The BSE Mid-cap index closed 1.39 per cent higher at 10,499.86 with as much as 27 stocks hitting fresh 52-week highs, which include names like MRF, EIH, Bajaj Corp, Godrej Properties, ING Vysya Bank, Pfizer, Raymond, Tata ChemicalsBSE 1.90 % etc.

Nifty Seen Opening Flat have Strong Support at 8500

ECONOMY ANALYSIS

• Nifty seen opening flat; have strong support at 8500
• China HSBC services PMI edges up to 53 in November
• DoT plans to auction 3G spectrum in February: TRAI
• CLSA ups Info Edge price target; retains outperform rating
• Gold prices up by Rs 840 in biggest single-day gain this year
• DLF under pressure; BoAML maintains underperform rating

MARKET ANALYSIS

• The 50-share Nifty index is expected to open flat on Wednesday following muted trend seen in other Asian markets. The index has strong support at 8500 and below that 8420 level on the Nifty is a trend reversal level.
• At 07:30 a.m., Nifty India stock futures in Singapore were trading 0.50 point lower at 8,568 indicating a flat opening on the domestic market.
• Nifty ended the day with a loss of 32 points as profit taking dragged it down and it concluded at 8555. The Sensex shed 122 points in value and closed at 28571 on Tuesday.
• Nifty now has immediate support placed at 8500 and the index would remain firm as long as 8500 is respected.
• The S&P 500 posted 89 new 52-week highs and 5 new lows; the Nasdaq Composite set 102 new highs and 95 new lows, Reuters reported. 
• The Dow Jones industrial average rose 102.75 points, or 0.58 per cent, to 17,879.55, a record high. The S&P 500 gained 13.11 points, or 0.64 per cent, to 2,066.55 and the Nasdaq Composite added 28.46 points, or 0.6 percent, to 4,755.81.

Nifty at Record Closing Highs

ECONOMY ANALYSIS

• Sensex, Nifty at record closing highs; Infosys hits new high
• Winter session begins today; eyes on Insurance Bill, GST
• FD scam: ED books PSU bank officials under PMLA
• Metal stocks rally post China's surprise rate cut
• Transgene GDR case: Sebi must call taxmen for deeper probe
• India attracting more than 50% of total EM flows: Quant Cap

MARKET ANALYSIS

• The Nifty extended its winning streak for third consecutive session and closed above 8,500 for the first time ever. Technology, metals and banks were the top sectoral gainers while oil & gas, pharmaceuticals and FMCG led the losers pack. 

• The 50-share index ended at all-time closing high of 8,530.15, up 52.80 points or 0.62 per cent. It hit all-time high of 8,534.65 and intraday of 8,490.95 in trade today. 

• The S&P BSE Sensex ended at 28,482.49, up 147.86 points or 0.52 per cent. It touched an all-time high of 28,541.96 and intraday low of 28,394.48 in trade today. 

• DLF (up 5.59 per cent), Jindal Steel (up 4.44 per cent), Tata PowerBSE 4.14 % (up 4.31 per cent), InfosysBSE 3.08 % (up 3.13 per cent) and Tata SteelBSE 3.00 % (up 3.02 per cent) were among the major Nifty gainers. 

• Power Grid CorporationBSE -2.90 % (2.46 per cent), CiplaBSE -1.46 % (1.59 per cent), Reliance (1.39 per cent), ACC (0.92 per cent) and Sun PharmaBSE -0.64 % (0.83 per cent) were among the major losers. 

• The market breadth was positive on the NSE with 464 gainers against 595 losers.

WEEKLY UPDATES FOR MARKET

NEWS INSIGHT

• Q2 GDP growth at 5.3% versus 5.2% YoY; slower than Q1 growth of 5.7%
• ONGC lines up $3 billion investment in Mozambique
• Sebi fines 6 merchant banks for disclosure lapses in CARE IPO
• CAG wants Rs 2,179 crore of RIL's KG-D6 cost disallowed
• April-October fiscal deficit nears 90% of full-year target
• Essar Group's planned oil-for-steel deal tests Iran sanctions
• Rouble sinks to all-time low at opening, RTS hits lowest in 2014

NIFTY ANALYSIS

• Positional Support for NIFTY 8370
• Positional Resistance of NIFTY is 8630
• Immediate resistance for NIFTY is 8615
• Intraday Support of NIFTY is 8530
• Oscillator Analysis The oscillator is showing BUY signal
• Short Term Oscillator Analysis- The signal is BUY
• Market has made a new life time high and is trading with volume. New high can be expected in near term.

Equity reports for 1 December 2014

ECONOMY ANALYSIS

• Sensex in unchartered territory, Nifty hits 8600
• 10x in 11 years: Indian stocks' mcap crosses Rs 100 lakh cr
• Trai recommends over 15 pc rise in CDMA spectrum reserve price
• India may extend tax breaks for auto firms beyond Dec 31
• Just Dial shares up nearly 4% on RBI move
• Gold extends losses to third day as oil slumps

MARKET ANALYSIS

• Equity benchmarks ended at new record closing high on Friday, the first day of December series, following further fall in crude oil prices after the OPEC decided not to cut output. Hopes of rate cut or indication of rate cut by RBI in monetary policy held on December 2 also pushed market higher in trade today.
• The 30-share BSE Sensex rallied as much as 383.5 points intraday to hit a life high of 28822.37, before closing at 28693.99, up 255.08 points or 0.90 percent compared to previous close.
• The 50-share NSE Nifty crossed another milestone 8600-mark, hitting an all-time high of 8617 but some profit booking in late trade dragged the benchmark index from the day’s highest point. The index closed at 8588.25, up 94.05 points or 1.11 percent.
• For the week, the Sensex and Nifty gained 1.3 percent each. CNX Midcap index rose 1.1 percent while BSE Small Cap index fell 0.5 percent.

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EQUITY REPORT FOR 28 NOVEMBER

ECONOMY ANALYSIS

• Nifty ends flat on F&O expiry day, gains 4% in Nov series
• JP Assoc falls 2.5%: ED reportedly probes money-laundering
• 8K Miles Software surges 10%, co acquires SERJ Solutions
• Monsanto up 2.7% after govt says no ban on GM field trials
• Cos garner Rs 7000 cr via NCDs in first 8 months of FY15
• Block deal: Crompton promoter sells 8.5% stake: stk down 5%

MARKET ANALYSIS

• Equity benchmarks gained marginal strength in late trade with the Nifty closing tad below the 8500-mark on Thursday, the expiry day for November series derivative contracts. Overall the market remained quiet for the second consecutive session today. The 50-share NSE Nifty climbed 18.45 points to 8494.20 and the 30-share BSE Sensex rose 52.72 points to close at 28438.91.T
• The broader markets outperformed benchmarks throughout the session. The BSE Midcap and Smallcap indices gained 0.5 percent each. For the November series, the Sensex and the Nifty rallied 4 percent each while the CNX Midcap Index was up 5 percent and BSE Small Cap Index climbed 4 percent. Bank Nifty surged 7.5 percent while BSE Auto, Capital Goods, FMCG, Pharma, IT and Realty were up 3-8.5 percent while Metals fell 2.8 percent.
• The market clocked the second highest ever (total) turnover of Rs 10.1 lakh crore on expiry day.

The S&P BSE Sensex pulled back in the afternoon

MARKET ANALYSIS

• The S&P BSE Sensex pulled back in the afternoon and closed nearly 50 points up led by gains in metals, FMCG and realty sectors.
• The 30-share index ended at 28,386.19, up 48.14 points or 0.17 per cent. It touched a high of 28,470.15 and a low of 28,261.31 in trade today.
• The Nifty closed at 8,475.75, up 12.65 points or 0.15 per cent. It hit a high of 8,500.0 and a low of 8,438.65 in trade today.
• The S&P BSE Midcap Index was up 0.62 per cent and the S&P BSE Smallcap Index gained 1.12 per cent.
• GAIL (up 2.75 per cent), Sesa Sterlite (up 2.34 per cent), ITC (up 2.33 per cent), BHELBSE 2.26 % (up 2.26 per cent) and Hindalco (up 2.21 per cent) were among the major Sensex gainers.
• Bharti Airtel (2.43 per cent), ICICI Bank (1.45 per cent), Bajaj Auto (0.90 per cent), Reliance (0.50 per cent) and L&T (0.46 per cent) were among the major Sensex losers.
• The market breadth was positive on the BSE with 703 gainers against 700 losers.

ECONOMY ANALYSIS

• Sensex ends in green; metals, FMCG, realty gain
• Market closes marginally up; DLF gains 7%, Zee Ent off 4.1%
• MRF rallies over 4.5% on strong Q4 results
• US court refuses Ranbaxy appeal to block ANDA nod for 2 drugs
• Nippon Life to increase stake in Reliance Capital to 49%
• July-September GDP likely slowed to 5.1% Y-o-Y

Sensex Ends 160 Points Lower amid Volatile Trade

ECONOMY ANALYSIS

• Sensex ends 160 points lower amid volatile trade; realty, utilities drag
• Health Min accepts panel's recos to ban loose cigarettes
• Bharti up 2% as it sells 4800 towers in Nigeria to cut debt
• Ricoh India up 11% on bagging big order from government
• Mara Raja jumps 6%; BoAML upgrades it, sees 75% upside

MARKET ANALYSIS

• The S&P BSE Sensex snapped three-day winning streak and slipped as much as 282 points in trade on Tuesday, led by losses in Tata SteelBSE - 2.56 %, JSW SteelBSE -2.63 %, NMDC and Sesa Sterlite. The 30-share index witnessed the biggest single-day drop in nearly 6 weeks.
• Tracking the momentum, the 50-share Nifty index also came under bit of pressure and closed the day below its crucial psychological level of 8500. The index hit a record high of 8535.35 earlier in trade today.
• The S&P BSE Sensex has rallied over 33 per cent so far in the year 2014 and some sort of profit booking cannot be ruled out after three straight days of gains, say analysts but the broader trend remains on the upside.
• The S&P BSE Sensex finally closed at 28,338.05, down 161.49 points or 0.57 per cent. It touched a high of 28,541.22 and a low of 28,217.50 in trade today.
• The 50-share index ended at 8,463.10, down 67.05 points or 0.79 per cent. It hit a record high of 8,535.35 and a low of 8,429.45 in trade today.

RESEARCH VIA EQUITY REPORT FOR 25 NOVEMBER

ECONOMY ANALYSIS

• Sensex, Nifty at record closing highs; Infosys hits new high
• Winter session begins today; eyes on Insurance Bill, GST
• FD scam: ED books PSU bank officials under PMLA
• Metal stocks rally post China's surprise rate cut
• Transgene GDR case: Sebi must call taxmen for deeper probe
• India attracting more than 50% of total EM flows: Quant Cap

MARKET ANALYSIS

• The Nifty extended its winning streak for third consecutive session and closed above 8,500 for the first time ever. Technology, metals and banks were the top sectoral gainers while oil & gas, pharmaceuticals and FMCG led the losers pack.
• The 50-share index ended at all-time closing high of 8,530.15, up 52.80 points or 0.62 per cent. It hit all-time high of 8,534.65 and intraday of 8,490.95 in trade today.
• The S&P BSE Sensex ended at 28,482.49, up 147.86 points or 0.52 per cent. It touched an all-time high of 28,541.96 and intraday low of 28,394.48 in trade today.
• DLF (up 5.59 per cent), Jindal Steel (up 4.44 per cent), Tata PowerBSE 4.14 % (up 4.31 per cent), InfosysBSE 3.08 % (up 3.13 per cent) and Tata SteelBSE 3.00 % (up 3.02 per cent) were among the major Nifty gainers.
• Power Grid CorporationBSE -2.90 % (2.46 per cent), CiplaBSE -1.46 % (1.59 per cent), Reliance (1.39 per cent), ACC (0.92 per cent) and Sun PharmaBSE -0.64 % (0.83 per cent) were among the major losers.
• The market breadth was positive on the NSE with 464 gainers against 595 losers.

WEEKLY MARKET ANALYSIS FOR EQUITY

NEWS INSIGHT

• Weekly Wrap: M&A nudge, global cues boost Sensex 1%; PSBs zoom
• Winter Session: Modi picks up economic reform pace, opposition remains
• Draghi throws door to QE wide open as recovery wanes
• China surprises with interest rate cut to spur growth
• FII limit in Power Grid hits trigger
• Forex reserves up by $ 419.4 million to $ 315.55 billion
• Astral Poly Tech acquires 76% in Resinova for Rs 213cr

NIFTY ANALYSIS

• Positional Support for NIFTY 8320
• Positional Resistance of NIFTY is 8493
• Immediate resistance for NIFTY is 8423
• Intraday Support of NIFTY is 8365
• Oscillator Analysis The oscillator is showing BUY signal
• Short Term Oscillator Analysis- The signal is BUY
• Trade above 8420 will result in formation of new support at 8410 and new high can be seen in Index.

ECONOMY ANALYSIS FOR MONDAY

• Nifty, Sensex end at record closing highs; banks sizzle
• Cipla soars 4%; BoAML ups target as PAT to jump five-fold
• YES Bank climbs 4%, RBI allows FIIs to buy shares
• Cipla ties up with Serum Inst to market vaccines in Europe
• Gammon India rises 4.4%, may sell subsidiary
• Dow, S&P 500 end at records after US data, Intel outlook