WEEKLY EQUTY REPORT BY EPIC RESEARCH-3 DECEMBER 2012

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WEEKLY NEWS Government raises FII limit in G-Secs, corp bond The high level committee on external commercial borrowings met in Delhi today. In a bid to attract more foreign investors, the government has hiked the FII cap in debt limits by USD 10 billion to USD 75 billion. Also, two new windows of USD 5 billion have been created in government securities and corporate bonds, reports CNBC-TV18’s Aakansha Sethi.There are going to be two buckets created for Government Securities (G-Secs) and corporate bonds of USD 5 billion each. The only restriction is that only long-term investors like sovereign funds, insurance funds, pension funds, and central banks can invest in these buckets Fund transfer to Swan appears to be signed by ADAG chmn The written instructions for transfer of over Rs.100 crore to Swan Consultants Private Limited, which later became Swan Telecom, an accused firm in the 2G case, "appears" to have been signed by Reliance ADA Group Chairman Anil Ambani, a CBI witness today told a Delhi court.According to the CBI charge sheet, Reliance Telecom (RTL) had allegedly used Swan Telecom, an ineligible firm, as its "front" company to get the 2G spectrum licenses and the costly radio waves in 2008 during the tenure of former Telecom Minister A Raja, the key accused in the case. http://www.epicresearch.co 09752199966 09993959693 WEEKLY EQUITY NEWSLETTER 3 RD DECEMBER 2012 MARKET UPDATE:- Nifty up by 231.20 pts and settle at 5879.85 Bank Nifty up by 624.70 pts at 12158.90

Transcript of WEEKLY EQUTY REPORT BY EPIC RESEARCH-3 DECEMBER 2012

Page 1: WEEKLY EQUTY REPORT BY EPIC RESEARCH-3 DECEMBER 2012

WEEKLY NEWS

Government raises FII limit in G-Secs, corp

bond

The high level committee on external commercial

borrowings met in Delhi today. In a bid to attract more

foreign investors, the government has hiked the FII cap

in debt limits by USD 10 billion to USD 75 billion.

Also, two new windows of USD 5 billion have been

created in government securities and corporate bonds,

reports CNBC-TV18’s Aakansha Sethi.There are going

to be two buckets created for Government Securities

(G-Secs) and corporate bonds of USD 5 billion each.

The only restriction is that only long-term investors like

sovereign funds, insurance funds, pension funds, and

central banks can invest in these buckets

Fund transfer to Swan appears to be signed by

ADAG chmn

The written instructions for transfer of over Rs.100 crore

to Swan Consultants Private Limited, which later

became Swan Telecom, an accused firm in the 2G

case, "appears" to have been signed by Reliance ADA

Group Chairman Anil Ambani, a CBI witness today told

a Delhi court.According to the CBI charge sheet,

Reliance Telecom (RTL) had allegedly used Swan

Telecom, an ineligible firm, as its "front" company to get

the 2G spectrum licenses and the costly radio waves in

2008 during the tenure of former Telecom Minister A

Raja, the key accused in the case.

http://www.epicresearch.co 09752199966 09993959693

WEEKLY EQUITY NEWSLETTER

3RD DECEMBER 2012

MARKET UPDATE:-

Nifty up by 231.20 pts

and settle at 5879.85

Bank Nifty up by 624.70 pts at 12158.90

Page 2: WEEKLY EQUTY REPORT BY EPIC RESEARCH-3 DECEMBER 2012

NIFTY WEEKLY PIVOTS

http://www.epicresearch.co 09752199966

MARKET ANALYSIS THE MARKET SETTLED AT OVER 19-MONTH CLOSING HIGH ON HOPES THAT THE GOVERNMENT WOULD BE

ABLE TO PUSH THROUGH A HOST OF REFORMS MEASURES DURING THE CURRENT SESSION OF PARLIAMENT.

AFFIRMATIVE STATEMENT ABOUT THE INDIAN ECONOMY FROM RATINGS AGENCY MOODY'S ALSO HELPED

THE MARKET EDGE HIGHER. THE WEEK'S RALLY WAS ALSO SUPPORTED BY NEWS THAT GREECE WILL GET

BAILOUT FUND FROM THE TROIKA OF INTERNATIONAL LENDERS COMPRISING THE EUROPEAN UNION, THE

EUROPEAN CENTRAL BANK AND THE INTERNATIONAL MONETARY FUND THE BSE SENSEX WAS UP 168.99 POINTS OR 0.88% TO 19,339.90. AMONG THE 30 SENSEX SHARES, 28 SHARES ROSE AND JUST TWO STOCKS DECLINED. TELECOM MAJOR BHARTI AIRTEL SPURTED 10.40% TO RS 337.15. THE COMPANY ANNOUNCED DURING

MARKET HOURS ON FRIDAY, 30 NOVEMBER 2012, THAT THE RED HERRING PROSPECTUS FILED BY

BHARTI INFRATEL, A SUBSIDIARY OF BHARTI AIRTEL, IN RELATION TO ITS INITIAL PUBLIC OFFER OF 18.89

CRORE SHARES OF A FACE VALUE OF RS 10 EACH, HAS BEEN APPROVED BY THE REGISTRAR OF COMPANIES

ON 29 NOVEMBER 2012. THE ISSUE WILL BE OPENED FOR SUBSCRIPTION ON 11 DECEMBER 2012. THE

PRICE BAND FOR THE IPO HAS BEEN FIXED AT BETWEEN RS 210 TO RS 240 PER SHARE. DRUG MAKER

CIPLA JUMPED 8.53% TO RS 414. IT HIT A RECORD HIGH OF RS 415.90 ON 30 NOVEMBER 2012. ICICI

BANK ROSE 7.14% TO RS 1,098.60.

.

EXPERT OPINION

NIFTY BANK NIFTY

Nifty looks Consolidate Bank Nifty looks Consolidate

Strategy: Buy on dips Strategy: Buy on dips

Support:5820 Support: 11960

Resistance: 6030 Resistance: 12360

NIFTY WEELY PIVOTS

PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6581 6319 6057 5968 5795 5706 5533 5271 5009

Page 3: WEEKLY EQUTY REPORT BY EPIC RESEARCH-3 DECEMBER 2012

http://www.epicresearch.co 09752199966

NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

Page 4: WEEKLY EQUTY REPORT BY EPIC RESEARCH-3 DECEMBER 2012

.

GAINERS AND LOOSERS

WEEKLY NIFTY GAINERS

SCRIPS RATE VOL. (000) PR.

CLOSE

NET

CHANGE

% CHANGE

Jindal Steel & Power

403.05 4170.14 381.15 21.9 5.75

BHEL 234.35 7268.64 222.15 12.2 5.49

ONGC 264.95 4403.04 253.8 11.15 4.39 IDFC 173.2 12012.85 167.25 5.95 3.56

BPCL 347.50 909.60 336.60 10.90 3.24

WEEKLY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR. CLOSE NET

CHANGE

% CHANGE

Power Grid 117.90 1580.49 119.75 -1.85 -1.54

Maruti Suzuki 1473.85 223.81 1493.30 -19.45 -1.30

M & M 947.00 630.59 954.05 -7.05 -0.74

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