- The Indian equity benchmarks snapped a three-day losing streak, ending marginally higher as growth in industrial production slowed and inflation declined. - Jaiprakash Associates fell over 3% after a downgrade by Goldman Sachs, while BGR Energy plans to increase its borrowing limit to Rs. 10,000 crore. - Most Asian stock markets traded mixed following an uninspiring US lead, while European stocks were also mixed as markets awaited the outcome of the Scottish independence referendum.

1. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
DAILY EQUITY REPORT 15TH SEPTEMBER 2014

2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
 INDIAN EQUITY BENCHMARK snapped their three-day losing streak to end marginally higher. Growth rate of industrial production slowed to 0.5% versus 3.4% in the month of June. The Consumer Price Index (CPI)-based inflation has declined to 7.8%in August from 7.96% in July.
 Further, Jaiprakash Associates fell over 3%, after Goldman Sachs downgrades Jaiprakash to ' neutral' from ' buy' and removes from Asia Pacific buy list.
 BGR Energy to seek shareholders nod to up borrowing limit to Rs10,000cr.
GLOBAL FACE
 Asian stock markets traded mixed on the final trading day of the week, following an uninspiring US lead.
 European stocks were mixed, as the announcement of fresh European and U.S. sanctions against Russia continued to weigh and as markets awaited the outcome of the upcoming referendum on Scottish independance.
 U.S. stocks market were ended mixed on fears that conflicts in Ukraine and in the Middle East may slow recovery, though investors shrugged off disappointing weekly jobless claims, viewing the data as glitch in an otherwise sustained U.S. recovery that won't alter monetary policy
INDICES
CLOSE
PREVIOUS
SENSEX
27061.04
26995.87
NIFTY
8105.50
8085.70 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
15948.29
15909.20
HANG SENG
24595.32
24662.64
KOSPI
2041.86
2034.16 SECTORIAL INDICES
INDICES
CLOSE
CHANGE (%)
CNX 100
8066.50
0.24
S&P CNX 500
6572.70
0.27
CNX MIDCAP
11916.30
0.42
CNX 200
4153.95
0.25
BANK NIFTY
16254.15
0.31 TOP GAINERS
SCRIPT
CLOSE
CHANGE (%)
CIPLA
610.35
6.11
LUPIN
1360.15
3.12
BANKBARODA
948.00
2.61
BHARTI AIRTEL
414.55
2.09 TOP LOSERS
SCRIPT
CLOSE
CHANGE (%)
HINDALCO
168.80
-2.43
CAIRN INDIA
325.50
-2.16
SUN PHARMA
805.70
-2.02
ULTRACEM
2638.15
-1.80

3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
8011
8054
8079
8097
8122
8139
8182 NIFTY SUPPORT RESISTANCE
S1-8055
R1-8135
S2-8035
R2-8175 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
16017
16154
16243
16290
16379
16426
16563 BANK NIFTY SUPPORT RESISTANCE
S1-16200
R1-16365
S2-16105
R2-16435
SCRIPT
CLOSE
CHANGE (%)
TCS
2607.60
0.36
ITC
355.65
1.27
HDFC BANK
855.70
0.16
SBI
2630.40
1.05 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
ONGC
428.65
[0.2]
RELIANCE
1015.60
[0.37]
COAL INDIA
357.70
[0.85]
INFOSYS
3669.90
[0.39] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1450.66
1981.37 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
30
20
BANK NIFTY
10
2

4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
company said its board declared an interim dividend of Rs 485 per equity share.
 Indusind Bank allots equity shares
Indusind Bank has announced that the Company has allotted 89,299 equity shares of Rs10 each on September 12, 2014 to those grantees who had exercised their option under the Company's employee Stock Option Scheme.The said shares will rank pari- passu with the existing shares of the Company in all respect.
 Lupin enters into distribution agreement with Salix Pharma
Lupin Limited and Salix Pharmaceuticals, Inc. (Salix) announced today that they have entered into a definitive distribution agreement under which Salix has granted Lupin the exclusive right to market, distribute and sell certain Salix products in Canada. Lupin will promote the Salix products through its own sales force in Canada.
 Cipla stock surges 6%
Shares of Cipla Ltd gained 6% after the company announced commercial collaboration with S&D Pharma to enter Czech Republic and Slovakia with affordable high quality alternatives. Total traded quantity on the counter stood at over 4.78 lk shares.
 Sun Pharma falls 4%, Taro recalls anti-clotting drug
Shares of Sun Pharmaceutical Industries fell as much as 6 percent in early trade on US drug regulator's surprise audit at the pharma major's Halol facility in Gujarat. USFDA inspectors in two teams are auditing both the injectibles as well as oral solids units at the plant, with one team focusing on manufacturing processes and other closely auditing quality control and assurance departments.
 OFSS soars after board declares interim dividend
Oracle Financial Services Software rose over 10%, after the
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