2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK indices shed early gains to end
on a flat note with bank shares leading the decline as caution
prevailed ahead of the expiry of February derivative contracts
while concerns over Railway Budget and Union Budget kept
risk-appetite subdued.
ITD Cementation fell 5.82% on profit booking after
consolidated net profit spurted 2087% to Rs54.02 crore in Q4
December 2014 over Q4 December 2013.
Steel Strips Wheels surged 5.43% after the company said it
has bagged an export order worth euro 5.8 million from
Renault Brazil.
GLOBAL FACE
Asian shares rose on taking their cues from Wall Street's gains
after Federal Reserve Chair Janet Yellen suggested the Fed
would not rush into raising interest rates.
European shares were steady morning, pausing a recent sharp
rally that propelled both Britain's FTSE 100 and Germany's
DAX to record highs as investors combed through mixed
corporate results.
US stock index futures poised for a higher opening at the Wall
Street on Wedneday.
INDICES CLOSE PREVIOUS
SENSEX 28746.65 29,007.99
NIFTY 8683.85 8,767.25
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 18,785.79 18,585.20
HANG SENG 24,902.06 24,778.28
KOSPI 1,993.08 1,990.47
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 8,670.95 -0.97
S&P CNX 500 7,077.50 -0.93
CNX MIDCAP 12,851.40 -1.16
CNX 200 4,479.30 -0.96
BANK NIFTY 18,538.10 -1.04
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
NTPC 152.15 4.18
LUPIN 1,715.00 3.05
DLF 150.50 2.07
NMDC 137.95 1.47
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
BANK BARODA 172.00 -2.91
IDFC 164.60 -2.55
INFY 2,259.65 -2.50
SUNPHARMA 869.30 -2.41
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
8479 8596 8640 8713 8756 8829 8946
NIFTY
SUPPORT RESISTANCE
S1-8725 R1-8850
S2-8650 R2-8800
BANK NIFTY FUTURE
TREND STRATEGY
BULLISH BUY ON DIPS
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
17984 18291 18409 18598 18716 18905 19212
BANK NIFTY
SUPPORT RESISTANCE
S1-18500 R1-19300
S2-18300 R2-19100
SCRIPT CLOSE
CHANGE
(%)
ONGC 319.35 0.69
HDFC 1345.70 0.38
BHARTI ARTL 349.35 0.22
NTPC 153.35 5
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2656.45 [0.59]
ITC 395.65 [1.01]
RELIANCE 842.00 [0.14]
INFOSYS 2258.10 [2.57]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 4764.43 4248.37
DII 1737.36 1717.66
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 10 39
BANK NIFTY 0 11
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report
r
MARKET TALKS
Better sales during this quarter in its two housing projects at
Gurgaon. It has done sales bookings of about Rs 1,900 crore in
the first nine months of this fiscal.
RBI technical committee moots rate
cut post budget
RBI technical committee moots rate cut post budget –
sentimentally positive for banks and NBFCs. RBI's seven
member technical advisory committee has advised for a rate cut
post Budget. While 4 members suggested status quo on rates, 3
members recommended a reduction in policy repo rate (and one
of members recommended 75 bps cut in repo rate).
Cabinet approves implementation
of 15,000 MW for solar projects
The Cabinet approved for implementation of the scheme for
setting up of 15,000 MW of grid-connected solar photo voltaic
power projects under the National Solar Mission, which will be
executed by NTPC.As these capacities would be grid-connected,
it could add to the demand for green transmission corridor; hence
positive for T&D EPC players like Kalpataru power & KEC
International.
Glenmark gets USFDA nod to sell
generic blood pressure drug
Glenmark Pharmaceuticals today announced receipt of approval from
the US health regulator to sell its generic version of AbbVie Inc's blood
pressure drug Tarka in the American market.The approval for trandol
april and verapamil hydrochloride extended release tablets has been
granted to Glenmark Generics Inc, a subsidiary of Glenmark Generics
Ltd.
RBI technical committee moots rate
cut post budget
RBI technical committee moots rate cut post budget – sentimentally
positive for banks and NBFCs. RBI's seven member technical
advisory committee has advised for a rate cut post Budget. While 4
members suggested status quo on rates, 3 members recommended a
reduction in policy repo rate (and one of members recommended 75
bps cut in repo rate).
DLF's sales booking to cross Rs3000
crore this fiscal
DLF's sales bookings will cross Rs3,000 crore this fiscal helped by
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.
Use of this report in no way constitutes a client/advisor relationship, all information we communicate to you (the subscriber) either through
our Web site or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment
advice before making any investment, for you are assuming sole liability for your investments. Capital Stars will in no way have discretionary
authority over your trading or investment accounts.
All rights reserved.
DISCLAIMER
