Weekly equity report 08 july
8
WEEKLY EQUITY REPORT 8 TH JULY 2013 CAME To A PAUSE….
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Capital stars Financial Research Private Limited investment advisory group carrying out operations in the Indian Equities and commodity market. We provide accurate MCX Tips with profitable Commodity Tips for better satisfaction to our customers.
Transcript of Weekly equity report 08 july
Weekly fundamental speaks
DALAL STREET face
INDIAN BENCHMARKS rose to mark their second weekly gain as ITC rose after
hiking prices for one of its cigarette brands, while Hindustan Unilever advanced to a record
high after parent company Unilever increased its stake in the Indian unit. The rise in global
crude oil prices weighed on sentiment towards the lower levels as it impacts India's current
account deficit (CAD).
Further, investors bought technology shares during the week amid hopes of improvement in
quarterly profits as rupee weakened and thereby Shares of information technology (IT)
companies such as TCS, INFOSYS were in limelight and gained.
The INDIAN BENCHMARKS, SENSEX ended up 100 points or 0.52% at 19,495 and the 50-
share NIFTY closed 25 points or 0.44% up at 5,867.
GLOBAL MARKET chase
ASIAN STOCKS rose after two of Europe's most important central banks surprised the market
by assuring investors they were in no hurry to wind down stimulus.
U.S. STOCKS rose sharply after robust jobs data pointed to economic growth and investors
overcame concerns that the Federal Reserve may begin scaling back its stimulus efforts.
EUROPEAN STOCKS dropped after a stronger than expected US jobs report raised
expectations that the US Federal Reserve may soon start to slow its stimulus programme.
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Week ahead
INDIAN INDICES are gearing up for a new earnings season that begins this week when
INFOSYS LTD unveils its June-quarter results on JULY 12. A good earnings season for the
first quarter of the new fiscal year, which started in April, may help create a strong foundation
for FY14 estimates, thereby supporting shares that have been hit hard by rupee volatility.
Further, INDUSTRIAL OUTPUT DATA for May CONSUMER PRICE INDEX for June
which will be unveiled on Friday will be the key triggers for determining the trend of the
Indian benchmarks. With rupee near a record low to dollar, investors are also hopeful for
potential government or central bank measures, such as steps to open up more sectors for
foreign investment.
NIFTY and SENSEX are passing through the bearish phase and searching a certain way
although liquidity is going to become a little bit of a concern, but the market prediction is a bit
uncertain. So investors are advised to follow sell at high and traders to play with the trend.
Happy week ahead!!!
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Weekly global numbers
ASIAN INDICES
INDEX OPEN HIGH LOW CLOSE PRE. CLOSE CHANGE (%)
SENSEX 19,352.48 19,640.27 19,147.31 19,495.82 19,395.81 0.52
NIFTY 5,842.20 5,904.05 5,760.55 5,867.90 5,842.20 0.44
NIKKEI 13,746.72 14,309.97 13,562.70 14,309.97 13,677.32 4.63
KOSPI 1,851.57 1,867.18 1,823.10 1,833.31 1,863.32 -1.61
HANG SENG 20,803.29 21,004.56 20,119.56 20,854.67 20,969.14 -0.55
EUROPEAN INDICES
INDEX OPEN HIGH LOW CLOSE PRE.CLOSE CHANGE (%)
FTSE 6,215.50 6,498.60 6,185.20 6,375.50 6,215.50 2.57
CAC 3,761.57 3,837.39 3,668.77 3,753.85 3,738.91 0.40
DAX 8,000.02 8,031.71 7,730.37 7,806.00 7,959.22 -1.93
US INDICES
INDEX OPEN HIGH LOW CLOSE PRE. CLOSE CHANGE (%)
NASDAQ 3,430.48 3,479.46 3,415.23 3,479.38 3,403.25 2.24
DOW JONES 14,911.60 15,137.51 14,858.93 15,135.84 14,909.60 1.52
S&P 500 1,609.78 1,632.07 1,604.57 1,631.89 1,606.28 1.59
FII’S & DII’S MOVE
CATEGORY BUY VALUE (IN CRORE)
SELL VALUE (IN CRORE)
NET VALUE (IN CRORE)
FII 10533.8 11134.68 -600.88
DII 5237.31 4867.1 370.21
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Weekly NIFTY NUMBERS
NIFTY SECTORIAL INDICES
SCRIPTS OPEN HIGH LOW CLOSE
S&P CNX NIFTY 5834.10 5904.35 5760.40 5867.90
CNX NIFTY JUNIOR 11575.50 11964.85 11570.50 11682.85
CNX IT 6589.30 6674.35 6404.65 6604.70
BANK NIFTY 11597.45 11752.90 11273.60 11434.30
CNX 100 5731.60 5814.20 5671.55 5767.80
NIFTY MIDCAP 50 1894.65 1963.40 1867.45 1900.55
S&P CNX 500 4509.35 4579.30 4467.55 4535.80
WEEKLY NIFTY SMART MOVERS
SCRIPTS PRICE VOLUME (IN 000’S)
PRE. CLOSE CHANGE (%) CHANGE (Rs.)
RANBAXY LABS 342.00 2629.54 309.05 10.66 32.95
LUPIN 835.00 908.42 781.45 6.85 53.55
ITC 342.60 9213.09 324.35 5.63 18.25
TATA MOTORS 296.20 8113.83 281.30 5.30 14.90
GAIL INDIA 326.95 2516.74 313.30 4.36 13.65
WEEKLY NIFTY TOP LAGGARDS
SCRIPTS PRICE VOLUME PRE. CLOSE CHANGE (%) CHANGE (Rs.)
ONGC 316.05 21617.90 331.10 -4.55 -15.05
PNB 625.20 494.33 650.85 -3.94 -25.65
POWERGRID 107.60 7849.87 111.30 -3.32 -3.70
TATA STEEL 264.70 6138.19 273.75 -3.31 -9.05
HDFC 850.10 5139.25 879.05 -3.29 -28.95
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Weekly Technical SPEAKS
NIFTY CHART & PIVOT
R4 R3 R2 R1 P S1 S2 S3 S4
6,274 6,131 5,987 5,927 5,844 5,784 5,700 5,557 5,413
INDEX RESISTANCE SUPPORT
NIFTY R1- 5930 S1- 5800
R2- 5980 S2- 5740
TREND STRATEGY
BULLISH BUY ON DIPS
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BANK NIFTY FUTURE
CHART & PIVOT
R4 R3 R2 R1 P S1 S2 S3 S4
12,924 12,445 11,966 11,700 11,486 11,220 11,007 10,528 10,049
INDEX RESISTANCE SUPPORT
BANKNIFTY R1- 11650 S1- 11300
R2- 11880 S2- 11150
TREND STRATEGY
BULLISH BUY ON DIPS
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