Weekly equity report 7

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WEEKLY EQUITY REPORT 7 TH OCTOBER 2014 CAME To A PAUSE….

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Transcript of Weekly equity report 7

Page 1: Weekly equity report 7

WEEKLY EQUITY REPORT

7TH OCTOBER 2014

CAME To A PAUSE….

Page 2: Weekly equity report 7

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Weekly fundamental speaks DALAL STREET face

INDIAN BENCHMARKS declined for second consecutive week, as traders refrained from

building positions ahead of an extended holiday period, while foreign investor sales also

weighed on sentiment. Investors thus opted for caution, given lingering global risk factors such

as the continued civil unrest in Hong Kong and rising worries about earlier-than-expected U.S.

rate hikes.

Non-banking financial companies (NBFCs) fell on worries the central bank may tighten norms

for bad loans. The Reserve Bank of India on Tuesday said changes in the NBFC regulatory

framework would be introduced by end of this month.

The INDIAN BENCHMARKS SENSEX ended 62 point down at 26567 and the 50-share

NIFTY closed 19 point down at 7945.

GLOBAL MARKET chase

ASIAN STOCKS fell despite a stable U.S. showing following concerns about the Ebola virus

spreading wider as poor services data out of China.

U.S. STOCKS posted its best day since August on Friday following a stronger-than-expected

September U.S. jobs report that bolstered the outlook for the U.S. economy.

EUROPEAN STOCKS were higher, as equity markets recovered from the European Central

Bank's policy statement on Thursday.

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Week ahead

In the coming week, Earnings will become a key focus for share market Infosys kicks off July-

September earnings season on Oct. 10.Impact on foreign flows from global markets will also

be key. Indian markets will be shut until Monday, with trading to resume on Tuesday.

A rally in the dollar on expectations of early U.S. rate hikes has hit the rupee and emerging

market currencies. U.S. Fed to release minutes for its Sept. 16-17 meeting on Wednesday.

Foreign investors sold shares worth 4.86 billion rupees ($78.7million) on Tuesday, marking

their five session of sales out of past six.

Falling oil prices could also be a factor for debt markets.

Happy week ahead!!

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Weekly global numbers

ASIAN INDICES

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

SENSEX 26,694.41 26,851.33 26,481.31 26,567.99 26,626.32 -0.22

NIFTY 7,978.45 8,030.90 7,923.85 7,945.55 7,968.85 -0.29

NIKKEI 16,339.03 16,344.32 15,559.07 15,708.65 16,229.86 -3.21

KOSPI 1,984.43 1,985.06 1,966.17 1,976.16 1,991.54 -0.77

HANG SENG 23,399.51 23,399.51 22,565.60 23,064.56 23,678.41 -2.59

EUROPEAN INDICES

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

FTSE 6,649.40 6,658.90 6,446.40 6,527.90 6,649.40 -1.83

CAC 4,389.83 4,435.07 4,242.67 4,281.74 4,394.75 -2.57

DAX 9,495.58 9,520.97 9,195.68 9,195.68 9,490.55 -3.11

US INDICES

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

NASDAQ 4,465.84 4,522.06 4,367.74 4,475.62 4512.19 -0.81

DOW JONES 17,107.69 17,145.10 16,674.04 17,009.69 17113.15 -0.60

S&P 500 1,978.96 1,985.17 1,926.03 1,967.90 1982.85 -0.75

FII’S & DII’S MOVE

CATEGORY BUY VALUE (IN CRORE)

SELL VALUE (IN CRORE)

NET VALUE (IN CRORE)

FII 10685.4 11084.47 -399.07

DII 4597.24 4005.79 591.45

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Weekly NIFTY NUMBERS

NIFTY SECTORIAL INDICES

SCRIPTS OPEN HIGH LOW CLOSE

S&P CNX NIFTY 7978.45 8030.90 7923.85 7945.55

CNX NIFTY JUNIOR 16913.55 17203.80 16893.90 16929.65

CNX IT 11178.55 11543.75 11129.85 11519.45

BANK NIFTY 15636.45 15636.45 15270.95 15316.20

CNX 100 7910.95 7974.35 7866.10 7884.25

NIFTY MIDCAP 50 3120.95 3175.30 3106.20 3128.10

S&P CNX 500 6403.95 6469.50 6383.00 6398.05

WEEKLY NIFTY SMART MOVERS

SCRIPTS PRICE VOLUME (IN 000’S)

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

SUN PHARMA 860.80 2198.77 780.65 10.27 80.15

INFOSYS 3847.30 695.57 3644.80 5.56 202.50

TCS 2775.60 1221.07 2643.00 5.02 132.60

ZEE LTD 313.50 1403.64 300.05 4.48 13.45

CIPLA 624.30 3224.45 600.00 4.05 24.30

WEEKLY NIFTY TOP LAGGARDS

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

JINDAL STEEL 170.80 23761.95 189.50 -9.87 -18.70

ICICI BANK 1428.85 3141.70 1516.40 -5.77 -87.55

DLF 150.40 14466.80 159.60 -5.76 -9.20

BHEL 199.45 4624.48 211.65 -5.76 -12.20

TATA POWER 80.80 9990.05 85.25 -5.22 -4.45

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Weekly Technical SPEAKS

NIFTY CHART & PIVOT

R4 R3 R2 R1 P S1 S2 S3 S4

8287 8180 8073 8009 7966 7902 7859 7752 7645

INDEX RESISTANCE SUPPORT

NIFTY R1- 8050 S1- 7920

R2- 8160 S2- 7840

TREND STRATEGY

BEARISH SELL ON HIGH

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

BANK NIFTY FUTURE

CHART & PIVOT

R4 R3 R2 R1 P S1 S2 S3 S4

16739 16342 15945 15743 15548 15346 15151 14754 14357

INDEX RESISTANCE SUPPORT

BANKNIFTY R1- 15560 S1-15350

R2- 15690 S2- 15200

TREND STRATEGY

BEARISH SELL ON HIGH

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CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

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