INDIAN EQUITY BENCHMARK recorded their single-largest fall since August 1 after weaker-than-expected business activity in the euro zone. GLOBAL FACE Asian stock markets fell as investors throughout the region were cautious ahead of Chinese manufacturing data later in the day. A selloff in small-cap stocks sent broader indices falling as well.
INDIAN EQUITY BENCHMARK recorded their single-largest fall since August 1 after weaker-than-expected business activity in the euro zone. GLOBAL FACE Asian stock markets fell as investors throughout the region were cautious ahead of Chinese manufacturing data later in the day. A selloff in small-cap stocks sent broader indices falling as well.
INDIAN EQUITY BENCHMARK recorded their single-largest fall since August 1 after weaker-than-expected business activity in the euro zone. GLOBAL FACE Asian stock markets fell as investors throughout the region were cautious ahead of Chinese manufacturing data later in the day. A selloff in small-cap stocks sent broader indices falling as well.
INDIAN EQUITY BENCHMARK recorded their single-largest fall since August 1 after weaker-than-expected business activity in the euro zone and a survey which showed rise in unemployment levels in China raised concerns that global economic growth is still struggling.
Further, Shares of India Cements ended lower by 7% after company propose to demerge the said CSK Division to a wholly- owned subsidiary of the Company.
DLF slips over 6.51%, after BNP Paribas downgrades the stock to 'Reduce' from 'Hold'.
GLOBAL FACE
Asian stock markets fell as investors throughout the region were cautious ahead of Chinese manufacturing data later in the day.
European stocks were lower, despite the release of positive Chinese manufacturing data as a disappointing report from Germany weighed.
U.S. stocks market fell after existing U.S. home sales numbers disappointed investors, while a selloff in small-cap stocks sent broader indices falling as well. INDICES CLOSE PREVIOUS SENSEX 26775.69 27206.74 NIFTY 8017.55 8146.30 ASIAN MARKET INDICES CLOSE PREVIOUS NIKKEI 16205.90 16321.17 HANG SENG 23837.07 23955.49 KOSPI 2028.91 2039.27 SECTORIAL INDICES INDICES CLOSE CHANGE (%) CNX 100 7949.65 -1.66 S&P CNX 500 6464.80 -1.70 CNX MIDCAP 11481.10 -1.90 CNX 200 4085.85 -1.70 BANK NIFTY 15902.85 -1.80 TOP GAINERS SCRIPT CLOSE CHANGE (%) HCL TECH 1720.00 1.22 WIPRO 585.55 0.70 NTPC 136.90 0.33 TECHM 2472.00 0.11 TOP LOSERS SCRIPT CLOSE CHANGE (%) DLF 155.45 -6.75 CIPLA 586.20 -4.36 TATA MOTORS 518.75 -3.94 TATA STEEL 483.65 -3.44
BANK NIFTY FUTURE TREND STRATEGY BULLISH BUY ON DIPS PIVOT POINTS S3 S2 S1 P R1 R2 R3 15399 15713 15821 16027 16135 16341 16655 BANK NIFTY SUPPORT RESISTANCE S1-15820 R1-16290 S2-15660 R2-16340
SCRIPT CLOSE CHANGE (%) ITC 37.80 0.01 HUL 742.05 0.05 WIPRO 582.70 0.21 HCL TECH 1724.45 1.48 MARKET MOVERS DOWNSIDE SCRIPT CLOSE CHANGE (%) TCS 2688.20 [1.23] ONGC 407.30 [2.82] RELIANCE 965.85 [2.59] COAL INDIA 335.15 [2.29] FII & DII ACTIVITY INSTITUTION NET BUY (CR.) NET SELL (CR) FII 5200.31 5007.75 DII 1309.17 1277.68 NSE TOTALS INDICES ADVANCES DECLINES NIFTY 6 44 BANK NIFTY 0 12
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
centre in North Carolina in the US, creating an additional 1,237 jobs by the end of 2018.
Arvind allots equity shares
Arvind has announced that the Management Committee of Board of Directors, at its meeting held on September 23, 2014, has allotted 33,340 Equity Shares of Rs10 each pursuant to exercise of stock options by eligible employee under the Employee Stock Option Scheme 2008 of the Company.
Coal India signs 161 FSAs for a capacity of 73,675 MW
Coal India has entered into fuel supply pacts with 161 power units for a capacity of 73,675 MW. As many as 172 FSAs are to be signed in this regard worth 78000 MW. The company was earlier planning to import 6mt, but a sharp jump in local prices due to recent closures of mines has forced it to consider more shipments. Global spot iron ore prices have fallen 40% this year to their lowest levels since 2009 as global miners flood the market with low-cost supply.
OFSS allots equity shares
Oracle Financial Services Software announced that the ESOP Allotment Committee at its meeting held on September 23, 2014 allotted 192,316 equity shares of face value of Rs5 each to the eligible Employees & Director of the Company who have exercised their stock options under the Employee Stock Option Scheme 2002, Employee Stock Option Scheme 2010 and Employee Stock Option Scheme 2011.
JSW Steel to import 10 mn tonne of iron ore due to local shortage
Shares of Colgate Palmolive Ltd ended 2% up after the company has announced that the Board of Directors of the Company at its meeting held on September 22, 2014, has declared a first interim dividend of Rs. 8 per equity share of Re. 1 face value for FY 2014- 15.
HCL Tech plans to invest $9 million in North Carolina centre
HCL Technologies plans to expand its existing global delivery
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