Daily equity report
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Transcript of Daily equity report
DAILY EQUITY REPORT
23TH June 2014
Daily Equity Report
Phone: 0731-6790000 E-mail: [email protected]
INDIAN MARKET INDIAN FACE
INDIAN EQUITY BENCHMARK ended lower for the third
straight session as investors turned cautious amid tensions in
Iraq even as consumer durables shares stole the limelight
tracking rally in gold prices.
Further, Power Finance Corporation has received shareholders
approval for raising up to Rs 44,000 crore through issue of
securities in the current financial year.
Shares in United Spirits dipped almost 8% as lenders to the
UB-Group owned Kingfisher Airlines have invoked shares of
United Spirits that were pledged as collateral.
GLOBAL FACE
Asian stock markets held steady, showing stability after sharp
gains in the previous session
European stocks were steady, as the Federal Reserve's latest
policy statement continued to support market sentiment, while
concerns over ongoing violence in Iraq persisted.
U.S. stocks markets pointed to a steady, as the Federal Reserve's
most recent policy statement continued to support, but
investors remained cautious amid concerns over ongoing
violence in Iraq.
INDICES CLOSE PREVIOUS
SENSEX 25105.51 25201.80
NIFTY 7511.45 7540.70
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 15349.42 15361.16
HANG SENG 23194.06 23167.73
KOSPI 1968.07 1992.03
SECTORIAL INDICES
INDICES CHANGE (%)
CNX 100 7446.80 -0.37
S&P CNX 500 6038.60 -0.43
CNX MIDCAP 10574.55 -0.68
CNX 200 3826.40 -0.41
BANK NIFTY 14997.65 -0.46
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
MCDOWELL-N 2695.00 3.61
CAIRN 371.75 1.32
AXIS BANK 1865.05 1.26
KOTAK BANK 935.00 1.23
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
M&M 1140.05 -3.07
TATAPOWER 101.15 -2.69
HINDALCO 163.50 -2.53
BPCL 550.40 -2.49
www.capitalstars.com *Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: [email protected]
Daily Equity Report
r Capital stars Market Analysis & Research Team
MARKET MOVERS UPSIDE NIFTY SPOT TREND STRATEGY
BULLISH BUY ON DIPS PIVOT POINTS
S3 S2 S1 P R1 R2 R3
7396 7459 7485 7523 7548 7586 7649
NIFTY SUPPORT RESISTANCE S1-7495 R1-7560 S2-7465 R2-7605
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS PIVOT POINTS
S3 S2 S1 P R1 R2 R3
14652 14880 14973 15108 15200 15335 15563
BANK NIFTY SUPPORT RESISTANCE
S1-14945 R1-15385 S2-14710 R2-15500
SCRIPT CLOSE CHANGE
(%) TCS 2292.40 0.7
COAL INDIA 386.35 0.3
INFOSYS 3316.60 0.1
HDFC 969.05 0.1
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE CHANGE
(%) ONGC 417.50 [0.8]
RELIANCE 1036.50 [0.5]
ITC 335.70 [0.2]
HDFC BANK 821.95 [0.5]
FII & DII ACTIVITY
INSTITUTION NET BUY
(CR.) NET SELL
(CR)
FII 5200.31 5007.75
DII 1213.19 1331
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 12 38
BANK NIFTY 4 8
www.capitalstars.com *Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: [email protected]
Daily Equity Report r
Capital stars Market Analysis & Research Team
MARKET TALKS
much as 8 percent in on getting US Food and Drug Administration
approval for Eszopiclone tablets.
Diageo's Rs115bn bid to acquire an additional 26% in United Spirits Diageo's Rs115bn bid to acquire an additional 26% in United Spirits
is understood to have received phenomenal response. People who
are involved in the open offer process, as much as 68.6m shares
were tendered in as against the required 37.7m shares indicating a
acceptance ratio of 55%. Oil India signs MOU with Gazprom
EP Intl Oil India Limited signed an MOU with the Russian giant Gazprom
EP International BV the international subsidiary of M/s Gazprom.
Through this MoU the two companies will be evaluating pursuing
Exploration and Production opportunities jointly across the world.
The MoU also provides an option to the companies for technological
association.
Granules India ended higher by 3% Granules India ended higher by 3% to Rs 450, extending its past
four days rally, after the company said that its paracetamol facility at
Bonthapally in Andhra Pradesh has passed an inspection by the US
health regulator.
Titan surges 4% on gold rally,
bullish Bank of America report Shares in jewellery maker Titan Co Ltd surge 4.2 percent after a
rally in gold prices and on a bullish report by Bank of America Merrill
Lynch.Gold eased on profit-taking after posting its biggest one-day
rise in nine months, but the safe-haven metal was trading near April
highs and set for its best week in three months on geopolitical
tensions and a softer dollar.
Orchid Chemicals up 8% on USFDA nod for insomnia drug Shares of Orchid Chemicals and Pharmaceuticals rallied as
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www.capitalstars.com *Equity *Derivatives *Commodity *Research
CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: [email protected]
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