1. WEEKLY NEWS
RBI issues guidelines for new banking licence
The much-awaited norms for new banking licence are
finally out. The Reserve Bank of India (RBI) on Friday
issued the final guidelines for licensing of new private
sector banks wherein entities both from private and
public sector shall be eligible to set up a bank through a
wholly-owned non-operative financial holding company
(NOFHC).The NOFHC shall be wholly owned by the
promoter / promoter group. The NOFHC shall hold the
bank as well as all the other financial services entities of
the group.
Auto exports to Europe set to get more
WEEKLY EQUITY
expensive
NEWSLETTER Under the GSP scheme, exports from emerging
25TH FEBRUARY 2013
economies were levied lower duties as compared to
exports from developed economies. For instance, auto
exports from emerging economies to European Union
attracted a duty of 6.5 percent as compared to 10
percent from some of the other economie
MARKET UPDATE:-
Nifty down by 38 pts Tata Comm to raise Rs 1000cr via asset sale
and settle at 5850.30 Tata Communications joins the bandwagon of top
corporates who are looking to raise funds through asset
Bank Nifty down by 285 sale. The company wants to raise Rs 1000 crore via the
pts at 12068.95 sale of five properties. The company has hired two
consulting firms in Mumbai. Three of these land parcels
are located in Mumbai and are very much city centric
based in BKC, Chembur and Andheri.
http://www.epicresearch.co 09752199966
09993959693
2. MARKET ANALYSIS
KEY BENCHMARK INDICES EDGED LOWER AS MINUTES FROM THE US FEDERAL RESERVE RELEASED ON
WEDNESDAY, 20 FEBRUARY 2013, STOKED CONCERNS THAT POLICY MAKERS COULD PULL BACK ON THEIR
MASSIVE QUANTITATIVE-EASING PROGRAM AS THE US CENTRAL BANK SAID THAT IT WOULD REVIEW THE
PROGRAM IN MARCH 2013. INDIAN STOCKS ROSE IN THREE OUT OF FIVE TRADING SESSIONS IN THE WEEK
ENDED FRIDAY, 22 FEBRUARY 2013.
THE 30-SHARE S&P BSE SENSEX FELL 151.14 POINTS OR 0.78% TO 19317.01, ITS LOWEST CLOSING
LEVEL SINCE 24 DECEMBER 2012.
THE 50-UNIT CNX NIFTY FELL 37.10 POINTS OR 0.63% TO 5,850.30, ITS LOWEST CLOSING LEVEL SINCE
21 DECEMBER 2012.
FROM 30-SHARE SENSEX PACK, 19 STOCKS DECLINED AND REST OF THEM ROSE.
SUN PHARMACEUTICAL INDUSTRIES GAINED 3.21% TO RS 811.30. THE STOCK STRUCK A RECORD HIGH OF
RS 814.20 IN INTRADAY TRADE FRIDAY, 22 FEBRUARY 2012.AMONG OTHER PHARMA STOCKS, CIPLA
(DOWN 0.43%) AND DR REDDY'S LABORATORIES (DOWN 0.22%), EDGED LOWER. WIPRO JUMPED 4.19%
AND WAS THE TOP GAINER FROM THE SENSEX PACK. THE NATIONAL STOCK EXCHANGE ON 13 FEBRUARY
2013 SAID IT HAS DECIDED TO REPLACE TWO STOCKS -- SIEMENS AND WIPRO -- WITH INDUSIND BANK
AND NMDC IN THE 50 UNIT CNX NIFTY INDEX WITH EFFECT FROM 1 APRIL 2013. CAPITAL GOODS
STOCKS EDGED LOWER. L&T DROPPED 0.65%.
.
EXPERT OPINION
NIFTY WEEKLY PIVOTS
NIFTY BANK NIFTY
Nifty looks Bearish Bank Nifty looks Bearish
Strategy: Sell on rise Strategy: Sell on rise
Support:5800 Support: 12140
Resistance: 5900 Resistance: 11980
NIFTY WEEKLY PIVOTS
PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6293 6157 6021 5935 5885 5799 5749 5613 5477
http://www.epicresearch.co 09752199966
4. GAINERS AND LOOSERS
WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR. NET % CHANGE
CLOSE CHANGE
DLF 281.45 8699.35 248.70 32.75 13.17
Wipro 415.95 1543.95 399.25 16.70 4.18
ACC 1300.95 481.67 1258.85 42.10 3.34
HCL Tech. 720.25 1252.98 697.00 23.25 3.34
Ambuja
198.50 1480.42 192.15 6.35 3.30
Cement
WEEKLY NIFTY LOOSERS
.
SCRIPS RATE VOL. PR. CLOSE NET % CHANGE
(000) CHANGE
Jindal Steel 357.50 1253.43 386.20 -28.70 -7.43
Coal India 331.70 2005.41 349.85 -18.15 -5.19
Tata Motors 292.90 12481.93 304.45 -11.55 -3.79
Siemens 547.20 307.63 567.70 -20.50 -3.61
Tata Steel 364.50 3595.80 376.10 -11.60 -3.08
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any
responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on
sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not provide individually
tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and
encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on
the information given in this report, which is in violation of rules and regulations of NSE and BSE.
The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all
estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks
recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views
expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of
the information is the acceptance of this disclaimer.
All Rights Reserved. Investment in equity & bullion market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any
financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to
buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls
or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious
Legal Actions can be taken.
