WEEKLY EQUITY REPORT BY EPIC RESEARCH-27 AUGUST 2012

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WEEKLY NEWS L&T to sell stake in infra unit in 60 days Larsen & Toubro, India's biggest engineering conglomerate, plans to sell a stake in its wholly-owned infrastructure unit within the next two months, chairman AM Naik said at the company's annual shareholder's meeting on Friday.L&T Infrastructure Development Projects (L&T IDPL) was in talks with private-equity investors including Temasek Holdings to raise $250 million to $300 million. Osamu Suzuki meets Modi; Maruti to set up skill centre in Gujarat The private equity arm of Citigroup is set to invest $125 Maruti Suzuki India will set up a skill development centre in Gujarat, where it is investing Rs 4,000 crore to set up a manufacturing facility, even as it is trying to restore normalcy at its Manesar plant in Haryana.. Bharti Airtel shortlists StanChart, JPMorgan for tower arm IPO Bharti Airtel has shortlisted banks including Standard Chartered and JPMorgan to manage a share sale in its telecoms tower unit to raise more than $750 million, two sources with direct knowledge of the matter said. Top telecoms carrier Bharti has also shortlisted Bank of America Merrill Lynch, HSBC, UBS and Kotak Mahindra for the initial public offering, the sources said on Friday.. http://www.epicresearch.co +91999399693 09993959693 WEEKLY EQUITY NEWSLETTER 27 TH AUGUST 2012 MARKET UPDATE:- Nifty up 20.40 at 5386 Bank Nifty down 82 pts at 10332

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Transcript of WEEKLY EQUITY REPORT BY EPIC RESEARCH-27 AUGUST 2012

Page 1: WEEKLY EQUITY REPORT BY EPIC RESEARCH-27 AUGUST 2012

WEEKLY NEWS

L&T to sell stake in infra unit in 60 days

Larsen & Toubro, India's biggest engineering

conglomerate, plans to sell a stake in its wholly-owned

infrastructure unit within the next two months, chairman

AM Naik said at the company's annual shareholder's

meeting on Friday.L&T Infrastructure Development

Projects (L&T IDPL) was in talks with private-equity

investors including Temasek Holdings to raise $250

million to $300 million.

Osamu Suzuki meets Modi; Maruti to set up skill

centre in Gujarat

The private equity arm of Citigroup is set to invest $125

Maruti Suzuki India will set up a skill development

centre in Gujarat, where it is investing Rs 4,000 crore to

set up a manufacturing facility, even as it is trying to

restore normalcy at its Manesar plant in Haryana..

Bharti Airtel shortlists StanChart, JPMorgan for

tower arm IPO

Bharti Airtel has shortlisted banks including Standard

Chartered and JPMorgan to manage a share sale in its

telecoms tower unit to raise more than $750 million, two

sources with direct knowledge of the matter said. Top

telecoms carrier Bharti has also shortlisted Bank of

America Merrill Lynch, HSBC, UBS and Kotak Mahindra

for the initial public offering, the sources said on Friday..

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WEEKLY EQUITY NEWSLETTER

27TH AUGUST 2012

MARKET UPDATE:-

Nifty up 20.40 at 5386

Bank Nifty down 82 pts

at 10332

Page 2: WEEKLY EQUITY REPORT BY EPIC RESEARCH-27 AUGUST 2012

NIFTY WEEKLY PIVOTS

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MARKET ANALYSIS THE MARKET EDGED HIGHER FOR THE FOURTH CONSECUTIVE WEEK AS WORLD STOCKS ROSE ON

SPECULATION POLICY MAKERS IN THE US AND CHINA WILL EASE MONETARY POLICY TO BOOST GROWTH IN

THE WORLD'S TWO BIGGEST ECONOMIES

THE BSE SENSEX ROSE 92.13 POINTS OR 0.52% TO 17,783.21. THE 50-UNIT S&P CNX NIFTY ROSE

20.40 POINTS OR 0.38% TO SETTLE AT 5,386.70.

THE BSE MID-CAP INDEX FELL 0.63% AND THE BSE SMALL CAP INDEX FELL 0.61%. BOTH THESE

INDICES UNDERPERFORMED THE SENSEX. TRADING FOR WEEK BEGAN ON A STRONG NOTE ON TUESDAY, 21 AUGUST 2012. KEY BENCHMARK INDICES

SURGED ON TUESDAY, 21 AUGUST 2012, AS EUROPEAN STOCKS ROSE ON GROWING OPTIMISM THAT THE

EUROPEAN CENTRAL BANK (EBC) WILL TAKE STEPS TO BRING DOWN BORROWING COSTS FOR DEBT-LADEN EUROPEAN NATIONS. THE BSE SENSEX JUMPED 194.18 POINTS OR 1.1% TO SETTLE AT 17,885.26.

THE S&P CNX NIFTY JUMPED 54.70 POINTS OR 1.02% TO 5,421.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Bearish Bank Nifty looks Bearish

Strategy: Sell on rise Strategy: Sell on rise

Support: 5240 Support: 10115

Resistance: 5560 Resistance: 10550

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 5640 5560 5480 5433 5400 5353 5320 5240 5160

Page 3: WEEKLY EQUITY REPORT BY EPIC RESEARCH-27 AUGUST 2012

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NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

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GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

Ranbaxy 551.7 997.29 516.15 35.55 6.89

Coal India 367.05 3018.09 349.9 17.15 4.9

BPCL 354.55 964.75 340.6 13.95 4.1

Infosys 2444.8 1061.66 2351.05 93.75 3.99

TCS 1322.85 643.79 1278.6 44.25 3.46

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL. (000) PR. CLOSE NET

CHANGE

% CHANGE

Bharti Airtel 247.95 8913.8 262.3 -14.35 -5.47

Reliance Infra 486.65 2687.37 510.5 -23.85 -4.67

RIL 782.1 3275.64 816.1 -34 -4.17

Axis Bank 1075.45 1604.16 1110.2 -34.75 -3.13

Hindalco 111 10128.87 113.7 -2.7 -2.37

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