Weekly equity report 21

WEEKLY EQUITY REPORT

21ST JULY 2014

CAME To A PAUSE….

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

CapitalStars Financial Research Pvt. Ltd. Plot No. 12,Scheme No.78,Part – II, Vijay Nagar, INDORE 452010 M.P.

Tel.: +91 731 679 00 00, 666 99 00 E-mail: [email protected]

Weekly fundamental speaks

DALAL STREET face

INDIAN BENCHMARKS rebounded in the week after the Reserve Bank of India exempted

the mandatory reserve requirements on funds raised through bonds for extending credit to

housing and infrastructure sectors. Consumer Price Index-based inflation fell to 7.31 per cent in

June, the lowest since its launch in January 2012.

TCS reported a 45% jump in quarterly net profit from a year ago. Net profit for the first

financial quarter surged to Rs. 5,568 crores from Rs. 3,840 crores a year ago. Kotak Mahindra

Bank consolidated net profit in the April-June quarter grew 11% YoY to Rs. 698.31 crore.

The INDIAN BENCHMARKS SENSEX ended 617 point up at 25642 and the 50-share

NIFTY closed 204 point up at 7664.

GLOBAL MARKET chase

ASIAN STOCKS sagged and a drop in Treasury yields pressured the dollar on Friday after

news of a downed Malaysian airlines jet at the Ukraine-Russia border sent investors scurrying

into defensive assets.

U.S. STOCKS opened higher, as markets began to recover from the global downward trend

caused by a plane crash in Ukraine.

EUROPEAN STOCKS opened lower, as market sentiment weakened broadly after an airplane

crash in Ukraine sparked fresh concerns over tensions in the region.

http://www.bloomberg.com/quote/MXAP:IND

http://www.bloomberg.com/quote/SPX:IND

http://www.bloomberg.com/quote/SXXP:IND




Week ahead

INDIAN INDICES is expected to be dominated by corporate earnings in the near term.

Global factors will also be key after a Malaysian plane was shot down in eastern Ukraine,

stoking tensions between Russia and the West.

Reliance Industries and UltraTech Cements will be in action following the first quarter

earnings on Saturday. Other companies that will announce their earnings include, HDFC,

HDFC Bank, Axis Bank, Wipro and ACC among others.

Progress on monsoon would also be a key focus area for equity traders in the near term.

Happy week ahead!!




Weekly global numbers

ASIAN INDICES

INDEX OPEN HIGH LOW CLOSE PRE. CLOSE CHANGE (%)

SENSEX 25093.16 25713.40 24892.00 25641.56 25024.35 2.47

NIFTY 7469.00 7685.00 7422.15 7663.90 7459.60 2.74

NIKKEI 15199.18 15465.74 15110.45 15215.71 15164.04 0.34

KOSPI 1998.26 2025.41 1993.57 2019.42 1988.74 1.54

HANG SENG 23310.16 23583.35 23240.61 23454.79 23233.45 0.95

EUROPEAN INDICES

INDEX OPEN HIGH LOW CLOSE PRE.CLOSE CHANGE (%)

FTSE 6690.20 6792.60 6690.20 6749.50 6690.20 0.89

CAC 4296.84 4335.31 4284.42 4335.31 4316.12 0.44

DAX 9703.67 9721.08 9655.51 9720.02 9753.88 -0.35

US INDICES

INDEX OPEN HIGH LOW CLOSE PRE. CLOSE CHANGE (%)

NASDAQ 4441.39 4451.93 4352.23 4432.15 4415.49 0.38

DOW JONES 16978.16 17113.51 16977.52 17100.18 16976.81 0.73

S&P 500 1969.86 1983.94 1955.59 1978.22 1967.57 0.54

FII’S & DII’S MOVE

CATEGORY BUY VALUE (IN CRORE)

SELL VALUE (IN CRORE)

NET VALUE (IN CRORE)

FII 18333.81 15786.89 2546.92

DII 6946.28 7790.65 -844.37




Weekly NIFTY NUMBERS

NIFTY SECTORIAL INDICES

SCRIPTS OPEN HIGH LOW CLOSE

S&P CNX NIFTY 7469.00 7685.65 7422.15 7663.90

CNX NIFTY JUNIOR 15622.85 16478.90 15538.00 16385.05

CNX IT 9944.10 10019.20 9744.30 9946.95

BANK NIFTY 14508.10 15463.15 14338.65 15389.35

CNX 100 7391.35 7629.35 7350.30 7608.70

NIFTY MIDCAP 50 3019.75 3249.05 3000.65 3213.75

S&P CNX 500 5993.65 6199.55 5958.90 6184.55

WEEKLY NIFTY SMART MOVERS

SCRIPTS PRICE VOLUME (IN 000’S)

PRE. CLOSE CHANGE (%) CHANGE (Rs.)

TATA STEEL 563.00 6094.46 501.90 12.17 61.10

HINDALCO 184.60 9546.90 166.75 10.70 17.85

IDFC 163.95 28115.82 148.60 10.33 15.35

AXIS BANK 1995.80 1021.17 1816.65 9.86 179.15

ICICI BANK 1480.45 2280.14 1356.60 9.13 123.85

WEEKLY NIFTY TOP LAGGARDS

SCRIPTS PRICE VOLUME PRE. CLOSE CHANGE (%) CHANGE (Rs.)

HUL 622.50 1918.41 641.85 -3.01 -19.35

BAJAJ AUTO 2081.25 182.28 2133.95 -2.47 -52.70

GAIL INDIA 445.05 1879.64 455.50 -2.29 -10.45

INFOSY 3251.55 1978.30 3326.65 -2.26 -75.10

DRREDDY 2653.25 580.65 2700.70 -1.76 -47.45




Weekly Technical SPEAKS

NIFTY CHART & PIVOT

R4 R3 R2 R1 P S1 S2 S3 S4

8381 8117 7854 7758 7590 7495 7327 7063 6498

INDEX RESISTANCE SUPPORT

NIFTY R1- 7730 S1- 7460

R2- 7805 S2- 7360

TREND STRATEGY

BULLISH BUY ON DIPS




BANK NIFTY FUTURE

CHART & PIVOT

R4 R3 R2 R1 P S1 S2 S3 S4

18386 17293 16200 15807 15106 14714 14013 12919 11826

INDEX RESISTANCE SUPPORT

BANKNIFTY R1- 15550 S1-15010

R2- 15725 S2- 14405

TREND STRATEGY

BULLISH BUY ON DIPS




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Weekly equity report 21

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