WEEKLY EQUITY REPORT
7TH OCTOBER 2014
CAME To A PAUSE….
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly fundamental speaks DALAL STREET face
INDIAN BENCHMARKS declined for second consecutive week, as traders refrained from
building positions ahead of an extended holiday period, while foreign investor sales also
weighed on sentiment. Investors thus opted for caution, given lingering global risk factors such
as the continued civil unrest in Hong Kong and rising worries about earlier-than-expected U.S.
rate hikes.
Non-banking financial companies (NBFCs) fell on worries the central bank may tighten norms
for bad loans. The Reserve Bank of India on Tuesday said changes in the NBFC regulatory
framework would be introduced by end of this month.
The INDIAN BENCHMARKS SENSEX ended 62 point down at 26567 and the 50-share
NIFTY closed 19 point down at 7945.
GLOBAL MARKET chase
ASIAN STOCKS fell despite a stable U.S. showing following concerns about the Ebola virus
spreading wider as poor services data out of China.
U.S. STOCKS posted its best day since August on Friday following a stronger-than-expected
September U.S. jobs report that bolstered the outlook for the U.S. economy.
EUROPEAN STOCKS were higher, as equity markets recovered from the European Central
Bank's policy statement on Thursday.
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Week ahead
In the coming week, Earnings will become a key focus for share market Infosys kicks off July-
September earnings season on Oct. 10.Impact on foreign flows from global markets will also
be key. Indian markets will be shut until Monday, with trading to resume on Tuesday.
A rally in the dollar on expectations of early U.S. rate hikes has hit the rupee and emerging
market currencies. U.S. Fed to release minutes for its Sept. 16-17 meeting on Wednesday.
Foreign investors sold shares worth 4.86 billion rupees ($78.7million) on Tuesday, marking
their five session of sales out of past six.
Falling oil prices could also be a factor for debt markets.
Happy week ahead!!
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly global numbers
ASIAN INDICES
INDEX OPEN HIGH LOW CLOSE PRE. CLOSE CHANGE (%)
SENSEX 26,694.41 26,851.33 26,481.31 26,567.99 26,626.32 -0.22
NIFTY 7,978.45 8,030.90 7,923.85 7,945.55 7,968.85 -0.29
NIKKEI 16,339.03 16,344.32 15,559.07 15,708.65 16,229.86 -3.21
KOSPI 1,984.43 1,985.06 1,966.17 1,976.16 1,991.54 -0.77
HANG SENG 23,399.51 23,399.51 22,565.60 23,064.56 23,678.41 -2.59
EUROPEAN INDICES
INDEX OPEN HIGH LOW CLOSE PRE.CLOSE CHANGE (%)
FTSE 6,649.40 6,658.90 6,446.40 6,527.90 6,649.40 -1.83
CAC 4,389.83 4,435.07 4,242.67 4,281.74 4,394.75 -2.57
DAX 9,495.58 9,520.97 9,195.68 9,195.68 9,490.55 -3.11
US INDICES
INDEX OPEN HIGH LOW CLOSE PRE. CLOSE CHANGE (%)
NASDAQ 4,465.84 4,522.06 4,367.74 4,475.62 4512.19 -0.81
DOW JONES 17,107.69 17,145.10 16,674.04 17,009.69 17113.15 -0.60
S&P 500 1,978.96 1,985.17 1,926.03 1,967.90 1982.85 -0.75
FII’S & DII’S MOVE
CATEGORY BUY VALUE (IN CRORE)
SELL VALUE (IN CRORE)
NET VALUE (IN CRORE)
FII 10685.4 11084.47 -399.07
DII 4597.24 4005.79 591.45
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly NIFTY NUMBERS
NIFTY SECTORIAL INDICES
SCRIPTS OPEN HIGH LOW CLOSE
S&P CNX NIFTY 7978.45 8030.90 7923.85 7945.55
CNX NIFTY JUNIOR 16913.55 17203.80 16893.90 16929.65
CNX IT 11178.55 11543.75 11129.85 11519.45
BANK NIFTY 15636.45 15636.45 15270.95 15316.20
CNX 100 7910.95 7974.35 7866.10 7884.25
NIFTY MIDCAP 50 3120.95 3175.30 3106.20 3128.10
S&P CNX 500 6403.95 6469.50 6383.00 6398.05
WEEKLY NIFTY SMART MOVERS
SCRIPTS PRICE VOLUME (IN 000’S)
PRE. CLOSE CHANGE (%) CHANGE (Rs.)
SUN PHARMA 860.80 2198.77 780.65 10.27 80.15
INFOSYS 3847.30 695.57 3644.80 5.56 202.50
TCS 2775.60 1221.07 2643.00 5.02 132.60
ZEE LTD 313.50 1403.64 300.05 4.48 13.45
CIPLA 624.30 3224.45 600.00 4.05 24.30
WEEKLY NIFTY TOP LAGGARDS
SCRIPTS PRICE VOLUME PRE. CLOSE CHANGE (%) CHANGE (Rs.)
JINDAL STEEL 170.80 23761.95 189.50 -9.87 -18.70
ICICI BANK 1428.85 3141.70 1516.40 -5.77 -87.55
DLF 150.40 14466.80 159.60 -5.76 -9.20
BHEL 199.45 4624.48 211.65 -5.76 -12.20
TATA POWER 80.80 9990.05 85.25 -5.22 -4.45
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Weekly Technical SPEAKS
NIFTY CHART & PIVOT
R4 R3 R2 R1 P S1 S2 S3 S4
8287 8180 8073 8009 7966 7902 7859 7752 7645
INDEX RESISTANCE SUPPORT
NIFTY R1- 8050 S1- 7920
R2- 8160 S2- 7840
TREND STRATEGY
BEARISH SELL ON HIGH
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
BANK NIFTY FUTURE
CHART & PIVOT
R4 R3 R2 R1 P S1 S2 S3 S4
16739 16342 15945 15743 15548 15346 15151 14754 14357
INDEX RESISTANCE SUPPORT
BANKNIFTY R1- 15560 S1-15350
R2- 15690 S2- 15200
TREND STRATEGY
BEARISH SELL ON HIGH
CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
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