You are on page 1of 4

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY EQUITY REPORT


9
TH
October 2014

















CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.




Daily Equity Report
INDIAN MARKET
INDIAN FACE


INDIAN EQUITY BENCHMARK ended with marginal losses on
Wednesday extending their losing streak to third consecutive
trading session. Today's fall was led by the IT stocks. Oil
marketing companies like IOC, BPCL and HPCL were in
demand thanks to sharp decline in crude oil prices. Crude oil
prices lost momentum and touched nearly US$90 per barrel,
hitting a 27-month low.

Further, the healthcare index saw some sell off following
reports that US Congress has commenced investigation into
price hikes of 10 select generic drugs.

IT shares declining the most led by Infosys amid reports of
downgrade by global financial services major Citigroup.

GLOBAL FACE

Asian markets have mostly slipped came in response to more
weak German data and the IMF's decision to cut its growth
forecast for the global economy.

European stock markets fell for a second day, pushing world
share indexes back towards their lowest in six months as
concern mounts over the strength of global economic growth.

US stock index futures poised for a lower opening at the Wall
Street on Wednesday.
INDICES CLOSE PREVIOUS
SENSEX 26,246.79 26,271.97
NIFTY 7,842.70 7,852.40
ASIAN MARKET
INDICES CLOSE PREVIOUS
NIKKEI 15,595.98 15,783.83
HANG SENG 23,263.33 23,422.52
KOSPI 1,965.25 1,972.91
SECTORIAL INDICES
INDICES CLOSE CHANGE (%)
CNX 100 7,780.55 -0.11
S&P CNX 500 6,316.65 -0.13
CNX MIDCAP 11,226.35 -0.18
CNX 200 3,992.85 -0.12
BANK NIFTY 15,355.80 1.16
TOP GAINERS
SCRIPT CLOSE CHANGE (%)
DLF 148.40 4.80
INDUSINDBK 626.95 4.58
TATA STEEL 457.00 3.83
BPCL 203.00 2.81
TOP LOSERS
SCRIPT CLOSE CHANGE (%)
TECHM 2,395.00 -4.74
INFY 3,650.25 -4.73
DRREDDY 2,960.00 -4.49
WIPRO 590.95 -4.45


CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.




Daily Equity Report
MARKET MOVERS UPSIDE
NIFTY SPOT
TREND STRATEGY
BEARISH SELL ON HIGH
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
7734 7788 7815 7842 7869 7896 7951
NIFTY
SUPPORT RESISTANCE
S1-7810 R1-7870
S2-7780 R2-7950

BANK NIFTY FUTURE
TREND STRATEGY
BEARISH SELL ON HIGH
PIVOT POINTS
S3 S2 S1 P R1 R2 R3
14783 15074 15259 15365 15550 15656 15947
BANK NIFTY
SUPPORT RESISTANCE
S1-15180 R1-15560
S2-14960 R2-15780

SCRIPT CLOSE
CHANGE
(%)
ONGC 406.15 2.37
RELIANCE 936.70 1.14
ITC 365.70 0.81
COAL INDIA 341.70 0.04
MARKET MOVERS DOWNSIDE
SCRIPT CLOSE
CHANGE
(%)
TCS 2683.20 [1.76]
INFOSYS 3650.15 [4.73]
SUN PHARMA 800.80 [4.2]
BHARTIARTL 399.70 [0.92]
FII & DII ACTIVITY
INSTITUTION
NET BUY
(CR.)
NET SELL
(CR)
FII 3252.99 4693.98
DII 1937.08 1273.99
NSE TOTALS
INDICES ADVANCES DECLINES
NIFTY 31 19
BANK NIFTY 10 2


CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.




Daily Equity Report
r
MARKET TALKS


Touching to Rs94.65, after the company said it received an order
worth approximately Rs305.13 crore for constructing water system
for a thermal power project.

BEML bags Rs570 cr Order from
DMRC

BEML has bagged a prestigious Order of Rs570 cr from Delhi Metro
Rail Corporation for the supply of 70 Cars which are in addition to
92 Cars being manufactures for Delhi Metro. BEML has forayed into
the manufacture and supply of hi-tech Metro Cars during 2002.
Since then, BEML had made significant strides and emerged as the
preferred destination of Metro Coach Manufacturer in the Country..

Automobile sales in Sept 2014: Two-
wheelers and heavy trucks impress

The domestic automobile industry entered the festive season on an
optimistic note considering the turnaround in fortunes over the past
three-four months. September was a crucial month for the industry
as the dealer inventories were stocked up for the festive season
which began in the last week of the month. With the festive season
falling about a month earlier this year as compared with the last
year, the reported volumes have to be adjusted for seasonality.


Bharat Forge, RIL close up; bag
defense deals

Shares of Bharat Forge and Reliance Industries gained 1% in the
early trades today on BSE after the Department of Industrial Policy
and Promotion (DIPP) under ministry of commerce and industry
cleared 33 big ticket defense deals on Tuesday, out of which 19
proposals were related to foreign direct investment (FDI). Some of
the large scale defense deals that were approved by DIPP,

BPCL clarifies on global bids, stock
up

Bharat Petroleum Corporation has clarified to the exchange that the
company, Indian Oil Corporation, Hindustan Petroleum Corporation
and Gujarat State Petroleum Corporation are in discussions with
international gas suppliers for long term supply arrangement based
on market conditions which are part of regular business process.
There is no proposal at present for bidding jointly for blocks abroad

McNally Bharat gains after receiving
order

Shares of McNally Bharat Engineering Company rose over 5%,

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

You might also like