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com | Contact: 1800-3010-2007 (Toll Free)

TECHNICALVIEW
MOVINGAVERAGE 21DAYS

50DAYS

100DAYS

200DAYS

NIFTY

8013

7995

7830

7209

BANKNIFTY

16045

15970

15613

13926

NIFTYPIVOTREPORT
DAILY

R2
8654

R1
8418

PP
8300

S1
8182

S2
7946

WEEKLY

R2
9270

R1
8572

PP
8223

S1
7874

S2
7176

MONTHLY

R2
9913

R1
8733

PP
8143

S1
7553

S2
6373

BANKNIFTYPIVOTREPORT
DAILY

R2
17760

R1
17256

PP
17004

S1
16752

S2
16248

WEEKLY

R2
18712

R1
17494

PP
16885

S1
16276

S2
15058

MONTHLY

R2
22200

R1
18366

PP
16449

S1
14532

S2
10698

NSEEQUITYDAILYLEVELS
COMPANY

R3

R2

R1

PP

S1

S2

S3

ACC
ALBK

EQ 1535
EQ 121

1517
117

1508
116

1499
113

1490
112

1482
109

1464
105

AMBUJACEM
ASIANPAINT
AXISBANK
BAJAJAUTO
BANKBRODA
BANKINDIA
BHEL
BHARTIARTL
CIPLA

EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ

231
665
445
2665
945
294
260
421
688

229
661
442
2638
937
289
259
410
677

226
654
436
2601
924
282
256
403
662

224
650
433
2574
916
277
255
392
651

221
643
427
2536
903
270
252
385
636

216
632
418
2472
882
258
248
367
610

236
676
454
2729
966
306
264
439
714

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COALINDIA
DLF
DRREDDY
GAIL
GRASIM
HCLTECH
HDFC
HDFCBANK
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
ITC
INDUSINDBANK
INFY
JINDALSTEL
KOTAKBANK
LT
M&M
MRF
MARUTI
ONGC
ORIENTBANK
RANBAXY
RCOM
RELCAPITAL
RELIANCE
RELINFRA
RPOWER
SBIN
SSLT
SUNPHARMA
TATAMOTORS
TATAPOWER
TATASTEEL
UNIONBANK

EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ

391
134
3365
611
3643
1687
1181
941
3196
173
774
1687
371
744
4192
174
1167
1762
1382
32991
3518
420
310
656
117
513
1038
704
81
2811
275
207
567
100
523
255

379
129
3260
570
3569
1646
1137
924
3133
167
754
1653
363
730
4113
167
1139
1702
1343
32169
3414
411
295
643
111
492
1016
665
78
2748
268
203
549
96
504
240

374
127
3214
549
3538
1627
1121
917
3098
165
746
1640
359
725
4082
164
1128
1678
1324
31742
3376
408
290
638
108
483
1008
651
77
2725
265
201
542
94
497
232

367
124
3155
529
3494
1605
1085
907
3069
161
734
1619
355
716
4034
160
1111
1640
1304
31347
3311
402
280
630
105
471
994
626
75
2685
260
199
531
93
485
225

362
122
3109
508
3464
1586
1077
900
3034
160
726
1606
351
711
4003
157
1100
1617
1285
30920
3272
399
275
625
102
462
986
612
74
2662
257
197
524
90
478
217

355
119
3050
488
3420
1564
1049
890
3005
159
714
1586
347
702
3955
153
1083
1579
1265
30525
3207
393
265
617
99
450
972
587
72
2622
252
195
513
88
466
210

343
114
2945
447
3346
1524
1005
873
2941
155
694
1552
339
688
3876
146
1055
1518
1225
29703
3103
384
250
604
93
429
950
548
69
2559
244
191
495
84
447
195

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NSEWEEKLYNEWSUPDATE
Recordclosing:Niftyendsat8322,Sensexsoars519pts
Themarketendedatrecordclosinglevelswithmightygains.TheSensexwasup519.50points
or1.9percentat27865.83andtheNiftyendedup153.00pointsor1.9percentat8322.20.
About1770sharesadvanced,1214sharesdeclinedand128shareswereunchanged.GAIL,
TataPower,HDFC,L&TandTataSteelweretopgainersintheSensex.DeaggedbyQ2results,
BhartiandITCweremajorlosers.

NSEcutsNiftyFutureslotsizeto25
TheNationalStockExchangehashalvedthelotsizeofNiftyFuturesto25fromOctober31,the
dayonwhichnewcontractsforJanuary2015willbeavailablefortrading.TheNiftylotsize
hasbeen50sinceMarch2007.TheresizingcomesonthebackofdoublingoftheNiftyvalue
overthisperiod LowercapitalAccording to current guidelinesissued by SEBI and NSE, the
valueofthederivativecontractshallnotbelessthan 2lakhatthetimeofitsintroduction.
Traderscan have lowercapital for trading in these futures. Marginrequirementswill drop
proportionately.So,iffor50Niftyyouneed35,000,for25youneedonly 18,000.Thesame
willbeapplicableforoptionsshortingmarginrequirementsaswell.
Similarly,thelotsizeofNiftyMidcap50hasalsobeenreducedto75fromtheexisting150.
TheNSEalsorevisedthemarketlotdownwardsfor48stocks,whichwillReflectthenewlot
sizefromFriday.However,foreightstocks,therevisionwillreflectfromJanuary2015only,to
avoidoperationalcomplexities,theNSEsaid.

ITCQ2profitup8.72%toRs2,425.16crore
LeadingconglomerateITCLtdonFridayposteda8.72percentriseinitsstandalonenetprofit
toRs2,425.16croreforthesecondquarterendedSeptember30,2014. Thecompanyhad
registered a net profit of Rs 2,230.53 crore in the JulySeptember period of 201314.
Standalonetotalincomeofthecompanyduringthequarterunderreviewalsoincreased14.76
percenttoRs9,023.74crore,comparedtoRs7,862.53croreinthesameperiodofprevious
fiscal,ITCLtdsaidinafilingtoBSE

SBIstocksplit:Nov21isrecorddate
StateBankofIndiahasinformedtheexchangesthatithasfixedtherecorddateasNovember
21forthepurposeofdeterminingtheeligibleshareholdersfortheproposedstocksplit.The
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bankingmajorplanstoreducethefacevalueofequityshare 10eachto 1of10equity

shares.StocksplitwilltakeeffectfromNovember20.

Mahindra&MahindraQ2netprofitdown4.33%atRs946.63crore
HomegrownautomajorMahindra&Mahindra(M&M)onFridayreported4.33%declinein
standaloneprofitaftertax(PAT)atRs946.63croreforthesecondquarterendedSeptember
30.TheautomajorhadpostedaPATofRs989.5croreduringthesameperiodayearago.On
astandalonebasis,netsalesduringJulySeptemberquarterstoodatRs9,418.10crore,up
6.84%fromRs8,814.33croreearlier,Mahindra&MahindrasaidinafilingtotheBSE.During
thequarterunderreview,revenuefromautomotivesegmentstoodatRs6,135.69crore,an
increaseof6.14%ascomparedtoRs5,780.52croreinsamequarterayearago.While,revenue
fromfarmequipmentinQ2ofFY15wasatRs3,406.73crore,up8.23%asagainstRs3,147.64
inthecorrespondingyearagoperiod.

MarutiQ2netup29%;toincreasedividendpayout
MarutiSuzukionThursdayreporteda29%riseinsecondquarterprofitandincreasedthe
dividendpayoutratiointherangeof18%to30%againsttheaverage1015%paidoverthe
lastfewyears.Thecompany,controlled56.3%byJapan'sSuzuki,saidhighersalesandcost
belting measures helped tide over tough market conditions where discounts were high
comparedtothecorrespondingquarterofthepreviousyear.ProfitintheJulySeptember'1415
quarterstoodatRs863croreagainsttheRs670crorerecordedinthesamequarterofthe
previousfiscalwhilenetsalesrevenuewasup17%atRs11,996crore(Rs10,212crore).
Thecompany,whichintroducedanewcarintheCiazsedan,saidvehiclesaleswereup17%in
thesecondquarterat3.21lakhunitsagainst2.75lakhunitsinthecomparableperiod.Andina
moveaimedatpleasinginvestorsaheadofacrucialvoteto handover theGujaratplant to
parentSuzuki,thecompany'sboardapprovedtheadoptionofaguidelineforahigherdividend
payoutratio.ItalsorecommendedanincreaseintheFIIlimitto40%fromthepresent24%,
subjecttoshareholderapprovalandRBInod.ChairmanRCBhargavasaidthecompanyisyetto
decideonafinaldatefortheminorityshareholders'votingtoletSuzukiownandinvestinthe
Gujaratplant,whichhasbeenslatedtobecommissionedinMayJune2017.

BhartiAirtelQ2netprofitzooms170percent
HigherdatarevenuepoweredthesecondquarterprofitsforBhartiAirtel,thecountry'slargest
mobileoperator,whichgrewclosetothreefoldatRs1,383croreagainstRs512croreinthe
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correspondingperiodoflastfiscal.Thiswasthefourthstraightquarterofprofitgrowthforthe
companywhichhadreporteditsfirstprofitgrowthinfouryearsintheDecemberquarterof
2013.
TotalrevenuesforBhartiAirtelrose7%intheperiodatRs22,845croreascomparedtoRs
21,324croreinthecorrespondingperiod.

MarutiSuzukiIndia,AxisBankjoinsRs1lakhcrmarketcapclub
MarutiSuzukiIndia,thecountryslargestcarmakerandAxisBank,thethirdlargestprivate
bank,havejoinedtheeliteclubofcompanieswithmarketcapitalisation(mcap)ofmorethan
Rs1lakhcrore.Sharesofboththesecompanieshittheirrespectivelifetimehighsduringintra
daydealonthebourses.At1340hours,sharesofAxisBankupabout2%toRs437ontheBSE,
takingitsmarketvaluetoRs1,03,154crore.
Axis Bank is at the nineteen positions in overall market capitalization ranking, now joined
HDFCBank,StateBankofIndiaandICICIBank,whichhavingmcapofmorethanRs1lakh
crore.MarutiSuzukiIndiascriptoosurgednearly3%toRs3,331ontheBSE,takingitsmarket
value toRs1,00,594crore.ThecompanyhasbecomethesecondautocompanyafterTata
MotorstocrosstheRs100,000croremarks.
WiththeadditionofAxisBankandMarutiSuzukiIndia,totalcompanieshavingmcapofmore
thanRs1lakhcrorenowhas20members.Therearefoureachcompaniesfrominformation
technologyandbankingsectorsandtwoeachfromautomobiles,fastmovingconsumergoods
(FMCG)andoilandgassectorsareinthelist.

ACCLtdclocks62%riseinnetprofitinJulySeptemberquarter
CementmanufacturerACCLtdtodayreportedawhopping62percentriseinitsconsolidated
net profit for JulySeptember quarter at Rs 192.60 crore on better cost management and
improvedrealisations.Thecompany,whichfollowsJanuaryDecemberasaccountingyearin
linewithitsmajoritystakeholderHolcim,hadreportedRs118.90crorenetprofitinthesame
quarterlastyear.

ICICIBankQ2profitup15%,beatsestimates
ICICIBankhasreportedanetprofitofRs2,709croreforthequarterendedSeptember2014
anincreaseof15%overRs2,352croreinthecorrespondingquarterlastyearfollowing
growthinautoandhomeloansandimprovedmargins.

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Speakingtonewspersonsaftertheresults,ChandaKochhar,MD&CEO,ICICIBank,saidthat
interestrateswereheadeddownward."Wehaveseenathreetofourbasispointreductionin
thecostoffunds.Ithinkitispossiblethatthistrendwouldcontinueandsomeamountof
reduction(inlendingrates)wouldtakeplace,"shesaid.

DrReddy'ssecondquarterprofitfalls17%
Dr Reddy's Laboratories Ltd, India's secondlargest drugmaker by revenue, reported a 17
percentdropinitssecondquarterprofitduetohighercosts,pushingitssharesdownnearly3
percentonWednesday.Thecompanyalsosaiditboughttherightstosellthenicotinepatch
HabitrolintheUnitedStatesfromNovartisConsumerHealthInc,aunitofSwissfirmNovartis.
TheagreementwasenteredintoonOct.18andissubjecttoareviewbytheUSFederalTrade
Commission, Dr Reddy's said in a statement to the exchanges, without disclosing further
details.
Thecompanyreportedanetprofitof5.74billionrupees($93.6million)forthequarterended
September,downfrom6.90billionrupeesayearearlier.

NTPC'sQ2netprofitdrops17%
ChangesinTariffRegulations,2014hasledtoa17percentdropinnetprofitforpublicsector
power generator NTPC Ltd during the second quarter of fiscal 201415. Net profit for the
quarterwas 2,071.63croreasagainst 2,492.90crore.Netrevenueforthesecondquarter
increased 1.7 per cent to 16,736.63 crore as against 16,448.90 crore.NTPC said in a
statementthatthefallinnetprofitwasduetothechangesintheTariffRegulations,2014.
Thecompanysgrossgenerationinthesecondquarterincreasedaround2percentto55.421
billionunitsasagainst54.519billionunitsinthesamequarterlastyear.

UnionBankQ2netup78%atRs.371cr
UnionBankofIndiareporteda78percentjumpinnetprofitatRs.371croreinthesecond
quarter ended September 30, 2014, as against Rs. 208 crore in the yearago period.In the
reportingquarter,netinterestincome(thedifferencebetweeninterestearnedandexpended)
edgedup6.7percenttoRs.2,085crore(Rs1,954croreintheyearagoperiod).Noninterest
incomerose33percenttoRs.812crore.Theglobalnetinterestmarginwasatadlowerat2.53
percent(2.54percentintheyearagoquarter).Thegrossnonperformingassetstototalassets
ratio rose to 4.69 per cent as at Septemberend this year as against 3.64 per cent as at
Septemberend2013.

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 Gail(India)hitsnewhighasQ2profitbeatsestimates
Gail(India)hasmovedhigherby8%toRs552,alsoitsrecordhighonNSE,afterreporting
betterthanexpected 42% yearonyear (yoy) jump in net profit at Rs 1,303 crore for the
secondquarterendedSeptember2014(Q2),onbackofstrongoperationalperformance.The
stateownedcompanyhadprofitofRs916croreinpreviousyearquarter.Operationalincome
during the quarter under review grew marginally by 0.91% to Rs 14,130 crore against Rs
14,002 crore in the corresponding quarter of previous fiscal. Total expenditure however,
declinedby3.8% toRs12,344croreonyoybasis.Thecompanys liquefiedpetroleum gas
(LPG)andliquidhydrocarbonssegmenthasreportedaprofitbeforeinterestandtax(PBIT)of
Rs901croreagainstalossofRs228croreinpreviousyearquarter.

JKLakshmiCementhitsrecordhighasQ2profittrebles
JKLakshmiCementhasrallied5%toRs378onNationalStockExchange(NSE)afterreporting
nearlythreefoldjumpinnetprofitatRs30.61croreinSeptember2014quarter(Q2),onback
ofimprovedvolumeandbetterrealization.ThecompanyhadprofitofRs10.30croreinthe
samequarterlastfiscal.Netsalesofthecompanygrew13%toRs638croreduringtheJuly
SeptemberquarterofthecurrentfiscalfromRs501croreayearago.

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