Daily equity report 24 april 2015

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Daily Equity Report

Transcript of Daily equity report 24 april 2015

Page 1: Daily equity report 24 april 2015

Daily Equity Report

Page 2: Daily equity report 24 april 2015

Daily Equity Report

GLOBAL MARKET

INDEX CMP %CHANGE

NASDAQ 5056.06 0.41

DJIA 18010.00 0.54

S&P 2110.25 0.60

HANG SENG 28060.98 0.83

NSE GAINER

COMPANY NAME CMP PREV.

CLOSE

CHANGE

%

NMDC 128.90 124.60 3.45

ONGC 317.40 307.95 3.07

CAIRN 219.20 213.60 2.62

TCS 2509.60 2457.25 2.13

LUPIN 1762.05 1725.85 2.10

Market ended over 1% lower on Friday with

Infosys leading the decline after

disappointing March quarter earnings while

the guidance for the current fiscal was also

lower than Nasscom estimates.The 30-share

Sensex ended down 297 points at 27,438 and

the 50-share Nifty closed 93 points lower at

8,305."Technically the market is still looking

weak and there are no positive triggers as of

now. The Nifty can test the 200-DMA level

of 8,250. Further, weak monsoon forecast is

also a cause for concern. In the latter half of

the session lower-than-expected fourth

quarter earnings of Infosys dampened

sentiment," said Alex Mathew, Head of

Research, Geojit BNP Financial Services.

NSE LOSERS

I INVESTMENTS IDEA

COMPANY NAME CMP PREV.

CLOSE

CHANGE

%

INFY 1993.00 2122.00 6.08

CIPLA 638.80 663.95 3.79

BANK BARODA 173.50 179.45 3.32

BPCL 776.20 802.55 3.28

YESBANK 825.50 851.30 3.03

BUY RPP INFRA ABOVE 143 TARGET

144.50,146,147.50 STOPLOSS 141.50

BUY NUCLEUS SOFTWARE ABOVE 230

TARGET 232,234,236 STOPLOSS 228

BUY HOV SERVICES ABOVE 116 TARGET

117,118,119 STOPLOSS 115

SELL MASTEK LTD BELOW 393 TARGET

390,387,384 STOPLOSS 396

FOREX

FOREX CLOSING CHANGE CHANGE%

USDINR 63.5950 0.2350 0.37 EURINR 68.8350 0.8100 1.19 GBPINR 96.1725 1.1500 1.21 JPYINR 53.1600 0.3475 0.66

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Daily Equity Report

FII/DII INVESTMENTS

CATEGORY FII/FPI DII

DATE 24/04/15 24/04/15

BUY VALUE 6282.92 2666.64

SELLVALUE 7058.38 1770.31

NET VALUE -775.46 896.33

COMPANY NEWS

SBI's $2.4 billion share sale likely in June:

State Bank of India's plan to raise up to Rs 15,000

crore ($2.4 billion) via a share sale will now likely

take place in June instead of April due to a fall in

the lender's stock price, three sources directly

involved in the process told Reuters.Shares of the

country's biggest lender by assets have fallen 8.5%

Infosys Q4 net down 4.7% q-o-q at Rs 3,097

crore

India's second largest informtion technology

services company Infosys today posted a net

profit of Rs 3,097 crore for January-March

2015 (Q4), up 3.5% on-year, but 4.7% lower

on a quarter-on-quarter basis.Revenue for Q4

rose 4.2% on-year to Rs 13,411 crore, however

was down 2.8% on a sequential basis. The

company cheered investors as it pegged its

dollar-revenue growth for FY16 at 10-12%,

which is marginally higher than Street

expectations.

SECTORIAL INDICES

INDEX CLOSE PR.

CLOSE

%

CHANGE

CNX

NIFTY 8305.25 8398.30 -1.11

CNX

NIFTY

JUNIOR

19161.15 19446.85 -1.47

LIX 15 3775.25 3828.65 -1.39

INDIA VIX 19.1050 18.5000 3.27

CNX 100 8342.90 8441.10 -1.16

CNX 500 6826.55 6922.40 -1.38

CNX

MIDCAP 12656.65 12886.75 -1.79

BANK

NIFTY 18001.90 18245.60 -1.34

CNX

FINANCE 7391.20 7488.30 -1.30

CNX

FMCG 20606.05 20525.70 0.39

CNX

INFRA 3216.90 3266.25 -1.51

CNX IT 11132.25 11451.55 -2.79

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Daily Equity Report

PIVOT NIFTY

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

NIFTY 8,851.00 8,707.90 8,564.80 8,481.55 8,421.70 8,338.45 8,278.60 8,135.50 7,992.40

POINT OF VIEW

TREND: CONSOLIDATE

RESISTANCE: 8410-8460

SUPPORT: 8270-8200

STRATEGY: SELL ON HIGH

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Daily Equity Report

POINT OF VIEW

TREND: CONSOLIDATE

RESISTANCE: 18300-18400

SUPPORT: 17900-17800

STRATEGY: SELL ON HIGH

SCRIPT R4 R3 R2 R1 P S1 S2 S3 S4

BANKNIFTY 19,144.53 18,854.48 18,564.43 18,405.02 18,274.38 18,114.97 17,984.33 17,694.28 17,404.23

PIVOT BANK NIFTY

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Daily Equity Report

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