EQUITY MARKET ANALYSIS FOR 11 FEBRUARY 2015

Equity trading tips

The 50-share index closed at 8,565.55, upward 39.20 points or 0.46 %. It touched a max of 8,646.25 and a low-lying of 8,470.50 in trade today. 

The next major event for the market is the Union Budget on February 28. 

The S&P BSE Sensex closed at 28,350.56, upward 123.17 points or 0.44 %. It touched a max of 28,633.72 and a low-lying of 28,044.49 in trade today. 

Tata Motors (upward 3.88 %), ACC (upward 3.85 per cent), ICICI Bank (up 3.70 %), SBI (up 3.67 per cent) and Tata Steel (up 3.18 per cent) were among the Nifty profit gainers. 

TCS (2.68 per cent), HCL Tech (2.64 per cent), HDFC (2.40 per cent), Sun Pharma (1.96 per cent) and Tech Mahindra (1.96 per cent) were among the index losers. The market breadth was negative on the NSE with 549 gainers against 551 losers. 

DAILY GAINERS AND LOSERS 

GAINERS 

Tata Motors

ACC

ICICI Bank

Tata Steel

Grasim Ind.

LOSERS 

HCL Tech

TCS

Sun Pharma 

Tech Mah.

HDFC

L&T Q3 profit slid by 14.6 percent

Equity trading tips

Wockhardt rises upward by 5 percent on Citi upgrade post firm Q3 results 

L&T Q3 profit slid by 14.6 percent, cuts order flow guidance; stock tanks 8 percent

India Ratings pegs fertilizer subsidy for FY16 at Rs 71,000 cr

Exit poll results pointing to an AAP win in Delhi and muted earnings knocked the S&P BSE Sensex downward by as much as 490 points in trade on Monday. HDFC, ICICI Bank, L&T, ITC and ITC led the losses. 

The 50-share Nifty index also slid below its crucial psychological level of 8550, weighed downward by losses in capital goods, auto, power, realty and banking stocks. 

The 30-share index finally ended at 28,227.39, downward 490.52 points or 1.71 %. It touched a max of 28566.50 and a low lying of 28183.32 in trade today. 

The Nifty closed at 8,526.35 downward by 134.70 points or 1.56 %. It touched a max of 8605.55 and a low-lying of 8516.35 in trade today. 

Dr Reddy's Laboratories (upward by 1.8 %), Bajaj Auto (upward by 1.76 %), ONGC (upward by 1.5 %), and Sun Pharma (upward by 1.3 %) were among the major Sensex profit gainers.

MARKET ANALYSIS FOR 9 FEBRUARY 2015

Equity trading tips

1. The S&P BSE Sensex slided xx points on Friday on muted earnings and worries that the B.J.P may face defeat in Delhi elections. 
2. The sliding in the index was led by losses in in Tata motors, HDFC Bank, ICICI Bank and M&M. 
3. The 50-share Nifty index also came under pressure and ended in negative for sixth day in a row, weighed downward by losses in auto, banks, capital goods and power stocks. 
4. The 30-share index ended at 28717.91, downward 133.06 points or 0.46 %. It touched a max of 28922.85 and a low-lying of 28647.14 in trade today. 
5. The Nifty ended at 8661.05 downward 50.65 points or 0.58 %. It touched a max of 8726.20 and a low-lying of 8645.55 in trade today. 
6. The S&P BSE Midcap Index was downward 1.06 % and BSE S&P Smallcap Index edged lower by 1.82 %.

DAILY GAINERS AND LOOSERS

GAINERS

Infosys

HDFC

Cairn India

NMDC

Sesa Sterlite


LOOSERS

Jindal Steel

BHEL

Tata Motors

DLF

Sun Pharma

Nifty closed at 8711, Sensex in red

ECONOMY ANALYSIS

1. Nifty closed at 8711, Sensex in red; IT gains, IOB tanks 10 percent.
2. IOB posts Q3 loss at Rs 516 cr; provisions spike, NII falls.
3. Jubilant Food Q3 net rises, profit of 4.2 percent, same-store-sales surprises.
4. Godrej Consumer beats forecast, Q3 net upward by 35 percent to Rs 263 cr.
5. Q3 toll revenue good; construction rev downward YoY: IRB Infra.
6. Fix subsidy formula at $65/bbl for project completion: ONGC. 

Sensex loses 117 points

Equity trading tips

• Nifty closed below 8750, Sensex loses 117 points; BHEL, SBI, TCS laggards
• Bharti Airtel Q3 profit seen downward by 8.5 percent to Rs 1266 cr: Poll
• Canara Bank Q3 profit jumps upward by 60 percent on higher other income
• Force Motors surges 18 percent, to partner BMW for auto parts
• Wockhardt Q3 profit rises upward by 14 percent to Rs 347 cr, EBITDA up 92 percentRising
• bad loans at ICICI Bank, Punjab National Bank BSE 0.23 percent and Bank of Baroda BSE to -0.11 percent also led to the pairing of positions in the sector. The NSE bank index fell down by 1.1 %.
• BSE index fell down by 0.4 %, while the broader NSE index closed by 0.38 % lower, marking their lowest end since 20 January.

Nifty closed below 8800

Equity trading tips

1. Nifty closed below 8800, Sensex weak; Axis rise up 5 percent, ITC & HUL fall 2 percent.
2. Bharat Forge Q3 gain profit more than doubles to Rs 196.3 cr.
3. Sun Pharma, Ranbaxy at new max on USFTC conditional nod.
4. CLSA begins coverage on Adani enterprises with 'buy' on recast plan.
5. Maruti January sales rise, up by 13.7 percent, Tata Motors posts 5 percent growth.
6. 30 share index ended at 29,133.43, downward 49.52 points or 0.17 %. It touched a maximum of 29,268.13 and an intraday low-lying of 28,958.52 in trade today.
7. Axis Bank (rise up 5.44 %), Hindalco (upward 3.83 %), Wipro (increase up 3.18 %), L&T (rise up 1.76 %) and GAIL (upward 1.70 %) were among the Sensex profit gainers.
8. Bharti Airtel (3.42 %), Dr Reddy's Laboratories (3.06 %), HUL (2.44 %), ICICI Bank (2.40 per cent) and ITC (1.97 %) were among the index losers.
9. Market breadth was positive on the BSE with 1,614 profit gainers against 1,300 losers.

EQUITY WEEKLY MARKET ANALYSIS FOR 2 FEB 2015

NEWS INSIGHT

Equity trading tips

Sensex slid by 499 points after hitting record maximum; Nifty holds 8800

CIL mega share sale, sails through; government to get Rs 22,600 crore

RBI is seen holding rates stable on 3 Feburary; some analysts expect a cut

NTPC Q3 profit increased by 7.4 percent to Rs 3,074 cr, revenue flat

Dabur Q3 profit jumps to 16.4 percent to Rs 282.8 cr, meets forecast

Spicejet deal lifted multiple questions for SEBI

Long regime tax free bonds may come back in Budget 2015

Nifty has made a low-lying of 8775.10 on Friday which was similar to the max of 8774. Thus, a new support has formed at 8775. Buying should be attempted with SL of 8775 for a target of 8950.

NIFTY is 8990 on Positional Resistance

Intraday Support of NIFTY is 8775

Immediate resistance for NIFTY is 8868

WEEKLY GAINERS AND LOOSERS

GAINERS

HCL Tech.

BPCL

DLF

Tata Power

Cipla 

LOOSERS

M&M

PNB

Coal India

SBI

BOB