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Weekly ly Newsletter Newsletter-Equity 14 MAY 2012

EQUITY ANALYSIS - DAILY


Weekly Newsletter Contents Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future


MARKET WRAP A bad week ended red with Nifty and Sensex both down more than 3.2 %. U.S. Unemployment claims came at 367K; Trade Balance came at (-) 51.8B. This week has given a weak ending for almost all international markets.

This was a dismal week for the Indian market which saw almost all sectoral indices end in the red. Infrastructure took the most beating, followed by technology, metals and banks. The range for the indices shifted further down and next week it is expected that this will continue to be choppy and negative. Nifty this week has closed below its psychological level of 5000 to end at 4929 and Sensex shredding 3.2% to end at 16293. Negative cues from domestic and global markets made the markets vulnerable.

India's

industrial output unexpectedly contracted 3.5% in March compares with

February's annual increase of 4.1%, government data showed. Manufacturing, which constitutes about 76% of industrial production, shrank an annual 4.4% from a year earlier. The overall output grew 2.8% in the fiscal year that ended on March 31, much slower than 8.2% in the year-ago period. India's economy has slowed considerably due to surging inflationary pressures, which have resulted in high interest rates.

It was a volatile week for global markets, Global cues remained cheerless as concerns over Greece continued to haunt traders. Wall Street ended its worst week this year with a sharp selloff on Friday after a slowdown in job creation in the world's top economy raised the biggest question mark yet about the prospects for US growth. The implications of French and Greek elections for the region's drive to impose fiscal austerity

will

be

crucial,

while

March

readings

on

industrial

production.


MARKET PERFORMANCE NSE GAINERS COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

Kothari Sugars

8.90

6.30

2.60

41.27

Guj. Lease Fin

3.35

2.40

0.95

39.58

M & B Switchgears

75.70

56.95

18.75

32.92

Nu Tek India

0.70

0.55

0.15

27.27

Chemplast Sanmar

14.55

11.55

3.00

25.97

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CANG.(RS)

CHAG.(%)

REI Six Ten Retail

6.10

9.85

-3.75

-38.07

Bartronics India

25.55

33.85

-8.30

-24.52

Sanwaria Agro Oils

24.75

32.50

-7.75

-23.85

Global Vectra

10.05

13.05

-3.00

-22.99

Jubilant Ind

206.95

266.75

-59.80

-22.42

COMPANY NAME

CURRENT

PREV. CLOSE(RS)

CHAG.(%)

Volume in (‘000s)

Lanco Infratech

12.15

12.40

-2.02

33442.26

Suzlon Energy

18.95

19.45

-2.57

27866.25

HDIL

64.40

62.95

2.30

26957.30

JP Associate

62.90

60.30

4.31

23335.25

Unitech

20.45

21.15

-3.31

21022.88

NSE LOSERS

VOLUME TOPPERS


SECTORIAL INDICES Indices

Country

Date

Index

Net Change

Change (%)

Hang Seng

Hong Kong

20-May-10

20227.28

-858.72

-4.07

Jakarta Composite

Indonesia

21-May-10

4133.63

-83.05

-1.97

Nikkei 225

Japan

21-May-10

9009.65

-370.60

-3.95

KLSE Composite

Malaysia

21-May-10

1588.06

-2.98

-0.19

Seoul Composite

South Korea

21-May-10

1944.93

-44.22

-2.22

Strait Times

Singapore

20-May-10

2883.40

-107.19

-3.58

FTSE 100

United Kingdom

21-May-10

5544.00

-111.06

-1.96

Nasdaq

United States

22-May-10

2933.64

-22.70

-0.77

DJIA

United States

22-May-10

12855.04

-183.23

-1.41

S&P 500

United States

22-May-10

1357.99

-11.11

-0.81

INDIAN EQUITY MARKET INDICES

VALUE

CHANGE

% CHANGE

NIFTY

4931.00

-167.00

-3.28

BANK NIFTY

9379.00

-415.00

-4.24

SENSEX

16293.00

-538.00

-3.20


TECHNICAL VIEW NIFTY WEEKLY PIVOT INDICES NIFTY

R4 5710

R3 5470

R2 5230

R1 5081

P 4990

OUTLOOK Trend: - Consolidate Resistance: - 51000, 5250 Support: - 4800, 44640 Strategy: - Sell on High

NIFTY WEEKLY

S1 4841

S2 4750

S3 4510

S4 4270


BANK NIFTY WEEKLY PIVOT SCRIPT BANK NIFTY

R4 11504

R3 10841

R2 10178

R1 9778

P 9515

OUTLOOK Trend: - Consolidate Resistance: - 9700 9700, 10200 Support: - 9100, 865 8650 Strategy: - Sell on High BANK NIFTY DAILY

S1 9115

S2 8852

S3 8189

S4 7526


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Weekly Equity Market Report For 14 May