EQUITY REPORT ANALYSIS FOR 30 SEPTEMBER 2014

DAILY MARKET ANALYSIS

ECONOMY ANALYSIS 

• Sensex, Nifty end down; Strides Arcolab up 6%, IT gains

• MTNL up 5% on revival hopes; Prasad says 'no privatisation'

• Anant Raj jumps 8.5%, sells subsidiary for Rs 304 cr

• Patel Logistics up 20% on cargo alliance with Amazon

• Top five blue-chip companies lose Rs 45,887.6 cr in market cap

•  Alibaba to venture into banking space in China

MARKET ANALYSIS

• The S&P BSE Sensex ended on a flat-to-negative note as bulls lacked charge after a sharp rise in previous session. 

• The 30-share index ended at 26,616.36, down 9.96 points or 0.04 per cent. It touched a high of 26,715.77 and a low of 26,518.01 in trade today. 

• The Nifty closed at 7,958.90, down 9.95 points or 0.12 per cent. It touched a high of 7,991.75 and a low of 7,934.70 in trade today. 

• Buying action was seen in stocks from broader markets which were beaten down recently. The S&P BSE Midcap Index was up 1 per cent and the S&P  BSE Smallcap Index gained 1.49 per cent. 

• The market breadth was positive on the NSE with 763 gainers against 344 losers. 

•  The foreign institutional investors were net sellers worth Rs 1,133.64 crore and domestic institutional investors were net buyers worth Rs 1335.33 crore on Friday as per the provisional data from the National Stock Exchange.

EQUITY REPORT FOR 29 September 2014

ECONOMY ANALYSIS

• S&P upgrades India's outlook to 'stable' Sensex gets S&P booster; metals, banks, capital goods lead 

• Sun shares up amid news FDA Halol audit findings not severe

• JP Power rises 13%, sells 3 plants to JSW Energy

• Hindalco up 5%, sees no major SC verdict impact on earnin

•  MCX board approves new pact with FTIL for tech support

MARKET ANALYSIS

• The S&P BSE Sensex staged a strong pull-back in the last hour of trade and closed nearly 150 points up after ratings agency S&P revised its outlook on  India to stable from negative. 

• The 30-share index ended at 26,616.93, up 157.96 points or 0.60 per cent. It touched a high of 26,721.03 and a low of 26,220.49 in trade today. 

•  The Nifty closed at 7,968.85, up 57 points or 0.72 per cent. It touched a high of 7,993.30 and a low of 7,841.80 in trade today. 

• The S&P BSE Midcap Index was up 0.85 per cent and the S&P BSE Smallcap Index gained 0.68 per cent. 

• Hindalco (up 5.25 per cent), Sun Pharma (up 4.30 per cent), M&M (up 3.16 per cent), ONGC (up 3.14 per cent) and Tata Steel (up 3.10 per cent) were among the Sensex gainers. 

• Dr Reddy's Laboratories (2.69 per cent), HDFC (1.90 per cent), Hero MotoCorp (1.30 per cent), GAIL (1.28 per cent) and ITC (1.22 per cent) were among the top losers.

Equity Report for 26 September 2014

DAILY MARKET ANALYSIS 

ECONOMY ANALYSIS 

• Nifty ends Sept F&O series above 7900, Sensex tanks 276 pts

• ONGC slips 4% on gas price hike deferral, BoAML cuts EPS

• JP Power down 13%, hydro assets deal with ADAG called off

•  ADB upgrades India FY16 growth target to 6.3%

• AirAsia to fly Mumbai, Delhi; eyes 20 planes by 2015

•  Coal verdict: Andhra Bank has Rs 43 bn exposure to cos

MARKET ANALYSIS

• Tracking the momentum, the 50-share Nifty index slipped below its crucial psychological support level of 7900, but managed to claw back towards the fag end of the trade to close at 7911.85 level. The fall in the index was led by losses in power, realty, oil & gas and banking stocks. 

•  The 30-share index closed at 26,468.36, down 276.33 points or 1.03 per cent. It touched a high of 26,814.20 and a low of 26,349.55 in trade today. 

•  The Nifty ended at 7,911.85, down 90.55 points or 1.13 per cent. It touched a high of 8,019.30 and a low of 7,877.35 in trade today. 

•  October is a month with less trading sessions. So the movement would be volatile with more of gap up - gap downs, caution analysts. 

•  The index is making a Doji candle on Monthly chart. After the run up of the last seven months, if it doesn't settle above 8,000 and sustains below 7,950  levels, then this positive rally may end. We may see lower levels of 7,840 &  7,700.

Equity updates for 25 september 2014

MARKET ANALYSIS

ECONOMY ANALYSIS

• Nifty ends flat, F&O expiry eyed; JSPL dives 10%, Coal India up 5%

• Coal scam: JSPL dives 14%, Coal India & Rel Power up 4-6%

• Sasken Communication skids 20% post CEO Anjan Lahiri exit

• SC quashes 214 coal blocks allocation; fines cos Rs 295/tn 

• HCL Tech appoints Preschern as Chief Marketing Officer

MARKET ANALYSIS

• The S&P BSE Sensex ended in the negative terrain for second straight session in the absence of supportive cues from European peers. Shares of metal companies came under selling pressure after the Supreme Court cancelled 214 coal blocks allocated to companies since 1993. 

• The 30-share ended at 26,744.69, down 31 points or 0.12 per cent. It touched a high of 26,844.70 and a low of 26,560 in trade today. 

• The 30-share ended at 26,744.69, down 31 points or 0.12 per cent. It touched a high of 26,844.70 and a low of 26,560 in trade today. 

• The Nifty closed at 8,002.15, down 15.40 points or 0.19 per cent. It touched a high of 8,042.05 and a low of 7,950.05 in trade today. 

• The S&P BSE Midcap Index fell 1.19 per cent and the S&P BSE Smallcap Index was down 1.62 per cent. 

• Among the sectoral indices, The S&P BSE Capital goods Index fell 1.69 percent, the S&P BSE Bankex was down 1.08 per cent and the S&P BSE Auto Index was 0.51 per cent lower.