weekly-equity-report BY EPIC RESEARCH 7 JAN 2013

Click here to load reader

  • date post

    23-Mar-2016
  • Category

    Documents

  • view

    212
  • download

    0

Embed Size (px)

description

 

Transcript of weekly-equity-report BY EPIC RESEARCH 7 JAN 2013

  • WEEKLY NEWS

    DoT looking to start 2G spectrum auction from

    March 11

    The second round of auction for selling unsold telecom

    spectrum is likely to start from March 11 with a lower

    base price. According to sources, "stiff timeline has

    been drawn taking into account the EGoM decision

    dated December 7, 2012 that all effort should be made

    to complete the process during the current financial

    year."The timeline of the second auction is likely to be

    discussed by the Empowered Group of Ministers on

    telecom in its scheduled meet on January 7. Sources

    said that auction is proposed to start from March 11 for

    unsold spectrum in 1800 Mhz and airwaves in 900 Mhz

    band held by telecom companies whose licences are

    coming up for renewal in 2014.

    Govt eyes to meet disinvestment target via PSU

    ETF

    In a bid to meet its disinvestment target; the government

    is pulling out all the stops including the introduction of a

    Exchange Traded Fund for PSUs, report Sajeet

    Manghat and Sandeep Srikanth of CNBC-TV18.The

    finance ministry is forging ahead to introduce an

    exchange traded fund for PSU's. Designed on the lines

    of the Hong Kong Tracker, in consultation with ICICI

    Securities, the PSU ETF will allow the government to

    monetise its shareholdings in the public sector

    companies.

    http://www.epicresearch.co 09752199966 09993959693

    WEEKLY EQUITY NEWSLETTER

    7TH JANUARY 2012

    MARKET UPDATE:-

    Nifty up by 115 pts and

    settle at 6016.15

    Bank Nifty up by 345 pts at 12787.35

  • NIFTY WEEKLY PIVOTS

    http://www.epicresearch.co 09752199966

    MARKET ANALYSIS KEY BENCHMARK INDICES SURGED TO ATTAIN THEIR HIGHEST LEVEL IN NEARLY TWO YEARS AFTER A

    SURVEY SHOWED STRONG GROWTH IN BOTH THE SERVICES AND MANUFACTURING SECTORS IN DECEMBER 2012. THE MARKET SENTIMENT WAS ALSO BOOSTED AFTER US LAWMAKERS REACHING A LAST-MINUTE DEAL TO AVERT THE SO-CALLED FISCAL CLIFF.

    BSE SENSEX, JUMPED 339.24 POINTS OR 1.74% TO 19,784.08 THE S&P CNX NIFTY ROSE 107.80 POINTS OR 1.82% TO SETTLE AT 6,016.15 FROM THE 30-SHARE SENSEX PACK, 26 STOCKS ROSE AND ONLY FOUR OF THEM FELL. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) ROSE 2.43%INDEX HEAVYWEIGHT AND CIGARETTE

    MAKER ITC SHED 2.33% TO RS 282.40. FMCG MAJOR, HINDUSTAN UNILEVER GAINED 2.51%.IT PIVOTALS ROSE AS US LAWMAKERS EARLY THIS WEEK REACHED A LAST-MINUTE DEAL TO AVERT THE FISCAL CLIFF. US IS THE BIGGEST OUTSOURCING MARKET FOR THE INDIAN IT FIRMS. IT MAJOR TATA CONSULTANCY SERVICES (TCS) ROSE 2.54%.INFOSYS ANNOUNCES Q3 RESULTS ON 11 JANUARY 2013BANK STOCKS ROSE ACROSS THE BOARD. SHARES OF BANKING GIANT STATE BANK OF INDIA (SBI) ROSE 4.5% TO RS 2,484.80INDIA'S LARGEST PRIVATE SECTOR BANK BY NET PROFIT ICICI BANK ROSE 3.5% TO RS 1,182.20. THE STOCK STRUCK A 52-WEEK HIGH OF RS 1,184.75 IN INTRADAY TRADE FRIDAY, 4 JANUARY 2013.

    .

    EXPERT OPINION

    NIFTY BANK NIFTY

    Nifty looks Consolidate Bank Nifty looks Consolidate

    Strategy: Sell on rise Strategy: Sell on rise

    Support:5960 Support: 12590

    Resistance: 6080 Resistance: 12790

    NIFTY WEELY PIVOTS

    PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

    NIFTY 6346 6223 6100 6058 5977 5935 5854 5731 5608

  • http://www.epicresearch.co 09752199966

    NIFTY WEEKLY CHART

    WEEKLY BANK NIFTY CHART

  • .

    GAINERS AND LOOSERS

    WEEKLY NIFTY GAINERS

    SCRIPS RATE VOL. (000) PR.

    CLOSE

    NET

    CHANGE

    % CHANGE

    Cairn India 337.15 4098.72 327.50 9.65 2.95

    GAIL India 371.15 1861.66 363.35 7.80 2.15

    BPCL 374.00 1782.49 366.25 7.75 2.12

    ONGC 284.80 7743.59 279.80 5.00 1.79

    BHEL 242.80 3206.30 238.80 4.00 1.68

    WEEKLY NIFTY LOOSERS

    SCRIPS RATE VOL.

    (000)

    PR. CLOSE NET

    CHANGE

    % CHANGE

    Tata Steel 433.50 3645.03 442.30 -8.80 -1.99

    Jindal Steel & Power

    457.80 2923.99 466.35 -8.55 -1.83

    Hindalco 132.55 5798.69 134.40 -1.85 -1.38

    Sesa Goa 201.70 1375.96 204.40 -2.70 -1.32

    HDFC 837.70 2043.11 845.50 -7.80 -0.92

    Disclaimer

    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.

    Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable.

    This material is for personal information and based upon it & takes no responsibility

    The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE.

    The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

    All Rights Reserved. Investment in equity & bullion market has its own risks.

    We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.