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DAILY EQUITY REPORT 23RD MAY 2014


Daily Equity Report Phone: 0731-6790000 E-mail: info@capitalstars.com

INDIAN MARKET

INDIAN FACE

INDICES

CLOSE

PREVIOUS

SENSEX

24374.40

24298.02

NIFTY

7276.40

7252.90

INDIAN EQUITY BENCHMARK retreated from higher levels but continued to trade in the green zone led by RIL, ICICI Bank.Sobha Developers Ltd has posted a net profit of Rs. 702

ASIAN MARKET INDICES

CLOSE

PREVIOUS

NIKKEI

14337.79

14042.17

HANG SENG

22953.76

22836.52

KOSPI

2015.59

2008.33

mn for the quarter ended March 31, 2014 as compared to Rs. 696 million for the quarter ended March 31, 2013.

Further, Petronet LNG Ltd has clarified that HPCL has shown interest in buying equity in a Special Purpose Vehicle.

SECTORIAL INDICES INDICES

CHANGE (%)

Coal India hit their highest level in nearly three years after on

CNX 100

7239.25

0.52

speculation that PM-elect Narendra Modi was exploring

S&P CNX 500

5841.30

0.85

breaking up the company and opening up the sector for

CNX MIDCAP

10252.05

1.74

foreign investment.

CNX 200

3711.75

0.66

BANK NIFTY

15055.55

0.69

GLOBAL FACE

TOP GAINERS SCRIPT

CLOSE

CHANGE (%)

DLF

212.20

10.06

NTPC

156.30

7.31

COAL INDIA

390.80

5.37

SSLT

261.25

4.84

manufacturing data suggested that growth is stabilizing in the region’s largest economy.

TOP LOSERS

European stocks markets remained mixed, after the release of mostly disappointing manufacturing and service sector data

SCRIPT

CLOSE

CHANGE (%)

HINDALCO

155.60

-2.57

HDFC

920.30

-2.17

BHARTI AIRTEL

332.00

-2.15

BHEL

265.35

-2.10

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Asian stock markets were mixed, as upbeat Chinese

from the euro zone.

U.S. stocks markets pointed to a moderately higher as positive Chinese manufacturing data supported sentiment and as investors eyed the release of U.S. economic reports later in the day.

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CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com


Daily Equity Report

r

MARKET MOVERS UPSIDE SCRIPT TCS

CLOSE 2111.95

CHANGE (%) 1.4

RELIANCE

1100.80

2.1

ITC

345.80

1.2

COAL INDIA

389.90

5.1

Capital stars Market Analysis & Research Team

NIFTY SPOT TREND BULLISH S3 7161

S2

S1

7223

7249

PIVOT POINTS P

7284 SUPPORT S1-7060 S2-7000

NIFTY

STRATEGY BUY ON DIPS R1

R2

R3

7311

7346

7407

RESISTANCE R1-7350 R2-7400

MARKET MOVERS DOWNSIDE SCRIPT

CLOSE

ONGC

392.80

CHANGE (%) [1.4]

HDFC BANK

802.60

[0.9]

INFOSYS

3113.90

[1.4]

HDFC

920.15

[2.2]

FII & DII ACTIVITY INSTITUTION

NET BUY (CR.)

NET SELL (CR)

FII

5630.60

5896.82

DII

1575.70

2014.73

NSE TOTALS INDICES

ADVANCES

DECLINES

NIFTY

25

25

BANK NIFTY

8

4

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BANK NIFTY FUTURE TREND BULLISH S3 14581

S2

14855

BANK NIFTY

STRATEGY BUY ON DIPS

PIVOT POINTS P R1 R2 R3 15129 14978 15252 15403 15677 SUPPORT RESISTANCE S1-14300 R1-15440 S2-13900 R2-15990 S1

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CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com


Daily Equity Report r Capital stars Market Analysis & Research Team

MARKET TALKS

the company said its board approved the merger with Texmaco

Motherson Sumi Systems Q4 profit rises 54% to Rs 302.5 cr Motherson Sumi Systems has reported a 54.5 percent growth in net profit to Rs 302.5 crore in the quarter ended March 2014 on

Rail & Engineering.

consolidated basis, driven by higher revenue and operational

Bajaj Auto extends rally after Egypt lifts import ban

performance. The profit in corresponding quarter of last fiscal was Bajaj Auto is trading higher by 3%, on reports that Egypt

Rs 195.8 crore.

government has lifted the ban on imports of two-wheelers and

three-wheelers into the country which was in effect since February

IRB Infra Q4 PAT at Rs109 crore

2014. The company intends to resume its shipments to Egypt from IRB Infrastructure Developers Ltd has posted a net profit of Rs.

June with deliveries of 5,500 and 3,500 units of three wheelers and

1092.319 mn for the quarter ended March 31, 2014 as compared to

two-wheelers respectively.

Rs. 1511.374 million for the quarter ended March 31, 2013.Total Income has decreased from Rs. 9847.746 mn for the quarter ended March 31, 2013 to Rs. 9180.427 mn for the quarter ended March

Jyothy Laboratories Q4 net sales up 21%

31, 2014.

Jyothy Laboratories Ltd reported Net Sales of Rs. 329.91 crore for

Kalindee Rail declines on merger with Texmaco Rail

the fourth quarter ended March 31st, 2014 as against Rs. 272.12 crore for the corresponding period, a rise of 21.24%. Net Profit for the period under consideration stood at Rs. 29.17 crore up by

Kalindee Rail Nirman is locked at the lower circuit of 10% after

146.80%, as against Rs11.82 crore in the same period of last fiscal.

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CAPITAL STARS FINANCIAL RESEARCH PRIVATE LIMITED PLOT NO. 12, SCHEME NO. 78, PART II VIJAYNAGAR INDORE 452001 (MP) OFFICE: - +91 731 6790000, MOB: +91 92000 99927, FAX: +91 731 6662222, EMAIL: info@capitalstars.com


Daily equity report