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