2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK fell on posting their first weekly loss in seven, as investors booked profits in recent outperformers after indexes hit record highs, while caution prevailed ahead of U.S. jobs data later in the day. The S&P BSE Se nsex and CNX Nifty ended 0.37%-0.30% lower each.
Further, Selan Exploration Technology gained 4.71% after the Reserve Bank of India in a notification on withdrew the restrictions placed on the purchase of shares by Non-Resident Indians Persons of Indian Origin under the Portfolio Investment Scheme with immediate effect.
Spice Jet fell 13.78% on reports that the Airports Authority of India has decided to put operation of Spice Jet on cash and carry basis.
GLOBAL FACE
Asian shares drifted while the dollar marked time on ahead of the key U.S. jobs report later in the session that could help it retake ground lost to the euro overnight.
European shares rallied on recouping most of their previous day's losses, as strong German factory orders and expectations for upbeat U.S. jobs data later in the day revived investor appetite
US stock index futures poised for a higher opening at the Wall Street on Friday
INDICES
CLOSE
PREVIOUS
SENSEX
28458.10
28562.82
NIFTY
8538.30
8564.40 ASIAN MARKET
INDICES
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PREVIOUS
NIKKEI
17920.45
17887.21
HANG SENG
24002.64
23832.56
KOSPI
1986.62
1986.61 SECTORIAL INDICES
INDICES
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CHANGE (%)
CNX 100
8517.15
0.37
S&P CNX 500
6937.55
0.33
CNX MIDCAP
12667.80
0.54
CNX 200
4391.05
0.38
BANK NIFTY
18756.75
0.14 TOP GAINERS
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CHANGE (%)
DLF
162.60
5.34
AMBUJACEM
237.00
3.02
M&M
1295.00
2.36
PNB
1118.55
2.11 TOP LOSERS
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CHANGE (%)
DRREDDY
3390.65
-2.44
TECHM
2614.45
-2.42
TCS
2575.00
-2.39
BPCL
709.60
-2.33
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
8421
8485
8512
8550
8576
8614
8679 NIFTY SUPPORT RESISTANCE
S1-8545
R1-8670
S2-8485
R2-8725 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
18441
18610
18683
18779
18852
18948
19117 BANK NIFTY SUPPORT RESISTANCE
S1-18750
R1-18935
S2-18510
R2-19150
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CHANGE (%)
ITC
391.35
2.14
HDFC BANK
942.75
0.14
COAL INDIA
356.55
0.2
HDFC
1114.85
0.17 MARKET MOVERS DOWNSIDE
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CHANGE (%)
TCS
2578.95
[2.24]
ONGC
365.30
[1.48]
RELIANCE
957.35
[0.13]
INFOSYS
2070.30
[1.5] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
4336.73
4349.09
DII
1572.33
2127.5 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
16
34
BANK NIFTY
4
8
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
Production of 117,370 units in Nov 2014 compared to 93,900 units in Nov 2013.The Company's domestic sales in Nov 2014 stood at 100,024 units compared to 85,510 units in Nov 2013. Exports stood at 10,123 units in Nov 2014 compared to 6,630 units in Nov 2013.
SBI revises interest rates on retail term deposits
State Bank of India announced the revision in interest rates on retail term deposits (below Rs One crore) as under with effect from December 08, 2014: For tenure 1 year to less than 3 years - revised from 8.75% to 8.50% For tenure 3 years to less than 5 years - revised from 8.75% to 8.50% For tenure 5 years and above - revised from 8.50% to 8.25%..
IT stocks trade lower
TCS, Tech Mahindra, Oracle are the major losers. Shares of IT majors are trading on a weak note as investors are cautious ahead of US job data for the November month and due to appreciation of Indian rupee against the US dollar. The Indian currency is now trading higher by 9 paise at 61.85 versus the US dollar.Tech Mahindra has tumbled 2 per cent at Rs. 2,625.
Bank continues to deliver strong operating performance
The Bank continues to deliver a strong operating performance led by a healthy loan growth and an expansion in margins, and a check on the opex growth. We believe the given sharp improvement in its liability profile and the net interest margins will sustain at high levels. In addition, the likely pick-up in fee income could improve the operating profits,
Reliance signs agreement with Petroleos Mexicanos
Reliance Industries has signed an agreement with Petroleos Mexicanos (PEMEX) for assessment and providing Technical support for potential upstream oil and gas business opportunities in Mexico and jointly evaluate value added opportunities in international markets.
Maruti Suzuki achieves total production of 117,370 units in 2014
Maruti Suzuki India announced that the Company achieved total
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