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Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
DAILY EQUITY REPORT
7th
AUGUST 2014
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK fell over 1%, snapping two
days of gains, as lenders slumped on worries that a sell-off in
government bonds would hit the value of their debt holdings.
Further, Jindal Steel & Power Ltd has announced results for
the quarter ended June 30, 2014.Net profit at Rs 306.27 crore
vs Rs238.86 crore YoY. Total Income at Rs3605.78 crore vs
Rs3431.45 crore YoY.
Infosys rose 2.01% on reports that three former executives
have asked the company to buyback shares worth Rs11200
crore.
GLOBAL FACE
Asian stock markets slipped after a survey showed China's
services sector growth fell to a record low, souring the
positive mood from upbeat U.S. earnings and relief over
Portugal's rescue of its largest bank.
European stocks market declined, amid fresh Ukraine tensions
and after the release of downbeat data on German factory
orders, while investors eyed the European Central Bank's
upcoming policy statement on Thursday.
U.S. stocks market falling on Concerns higher borrowing costs
lurk around the corner in the U.S. coupled with fears the
Russia-Ukraine conflict is set to escalate sent.
INDICES CLOSE PREVIOUS
SENSEX 2,5665.27 25908.01
NIFTY 7,672.05 7746.55
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 15159.79 15320.31
HANG SENG 24584.13 24648.26
KOSPI 2060.73 2066.26
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 7614.15 -0.90
S&P CNX 500 6173.70 -0.85
CNX MIDCAP 10881.00 -0.64
CNX 200 3911.25 -0.88
BANK NIFTY 15008.65 -1.86
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
INFY 3560.00 1.34
POWERGRID 134.15 1.28
ASIAN PAINT 640.00 1.04
M&M 1240.00 0.80
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
ITC 345.35 -2.99
PNB 950.00 -2.71
ICICI BANK 1446.80 -2.67
SSLT 287.70 -2.44
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Daily Equity Report
r
MARKET MOVERS UPSIDE NIFTY SPOT
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
7526 7608 7640 7690 7722 7772 7854
NIFTY
SUPPORT RESISTANCE
S1-7640 R1-7750
S2-7595 R2-7800
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
14621 14895 14999 15169 15273 15443 15717
BANK NIFTY
SUPPORT RESISTANCE
S1-15065 R1-15505
S2-15010 R2-15660
SCRIPT CLOSE
CHANGE
(%)
RELIANCE 988.15 0.4
INFOSYS 3575.85 1.8
HUL 707.85 0.4
WIPRO 551.40 0.3
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2506.65 [0.7]
ONGC 396.90 [2.1]
ITC 346.05 [2.8]
COAL INDIA 359.90 [0.3]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 5200.31 5007.75
DII 1306.52 1244.30
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 12 38
BANK NIFTY 1 11
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Daily Equity Report
r
MARKET TALKS
percent growth in profit after tax at Rs 106 crore in April-June
quarter of current financial year 2014-15 driven by higher sales
growth despite higher depreciation cost. Profit in the year-ago
period was Rs 97.8 crore.
IDBI Bank Q1 profit falls 66% on
lower other income, NII
IDBI Bank 's net profit in April-June (Q1FY15) quarter plunged 66
percent to Rs 105 crore on account of lower other income and net
interest income but supported by lower provisions. Profit in the year-
ago period was Rs 307 crore. Net interest income, the difference
between interest earned and interest expended, slipped 15.3
percent on yearly basis to Rs 1,249.5 crore during the quarter .
Piramal Enterprises Q1 net profit at
Rs 2896 cr
Piramal Enterprises today posted a consolidated net profit at Rs
2,896.32 crore for the first quarter ended June 30, 2014. The
company had posted a net loss of Rs 146.66 crore during the same
period of previous fiscal. In April, the Mumbai-based firm sold its 11
percent stake in Vodafone India for Rs 8,900 crore; recording a gain
of Rs 3,036 crore.
Apollo Tyres Q1 net profit jumps
37%, EBITDA disappoints
Apollo Tyres disappointed with operational performance. Net profit
of the tyre maker grew by 37.4 percent to Rs 228 crore in the
quarter ended June 2014 aided by other income. Profit in the year-
ago period was Rs 165.9 crore. Consolidated other income of the
company jumped to Rs 29 crore in first quarter of FY15 from Rs 11
crore in the year-ago period while finance cost declined to Rs 52.96
crore from Rs 72.36 crore.
Adani Ports Q1 net profit jumps 36%
at Rs 568 cr
Adani Ports and Special Economic Zone 's Q1FY15 (April-June)
consolidated net profit jumped 36 percent at Rs 568 crore versus
Rs 417.5 crore in a year ago period. The consolidated total income
was down 14.6 percent at Rs 1,261.6 crore versus Rs 1,478.4
crore, Y-o-Y. The company’s other income rose 89 percent at Rs
169 crore against Rs 89 crore, Y-o-Y.
Amara Raja Batteries Q1 net up 8%
on strong revenue growth
Amara Raja Batteries beat street expectations by reporting a 8.3
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