CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY EQUITY REPORT

21ST january 2015

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

INDIAN MARKET

INDIAN FACE

INDICES

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PREVIOUS

SENSEX

28784.67

28,262.01

NIFTY

8695.60

8550.70

INDIAN EQUITY BENCHMARK indices Sensex and the Nifty

ended at fresh record closing highs led by financials and

ASIAN MARKET

index heavyweight ITC while metal stocks surged after

INDICES

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PREVIOUS

better-than-expected fourth quarter economic growth from

NIKKEI

17,366.30

17,014.29

China.

HANG SENG

23,951.16

23,738.49

KOSPI

1,918.31

1,902.62

Further, Suven Life Sciences surged 6.28% on BSE after the

company said it has secured a total of four product patents

SECTORIAL INDICES

one each in Australia & Hong Kong and two product patents

INDICES

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CHANGE (%)

CNX 100

8,695.60

1.69

S&P CNX 500

7080.65

1.27

CNX MIDCAP

12,949.85

0.36

tyre major MRF is in advanced talks to buy the company's

CNX 200

4,482.40

1.34

tyre unit in Uttrakhand.

BANK NIFTY

19,767.05

1.86

from Japan.

Kesoram Industries locked 20% upper circuit on reports that

GLOBAL FACE

TOP GAINERS
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CHANGE (%)

SSLT

204.50

5.88

HDFC

1,250.00

5.78

TATASTEEL

403.00

4.74

5.6%. In its World Economic Outlook Update, IMF pegged the

AXISBANK

552.15

4.39

country's growth rate at 6.5% for 2016-17..

TOP LOSERS

to 6.3% for 2015-16 against 6.4% made in October last year,

while retaining the forecast for the current financial year at

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CHANGE (%)

GAIL

429.00

-2.62

TATAPOWER

81.85

-1.15

DRREDDY

3300.00

-0.72

POWERGRID

146.90

-0.64

IMF has slightly cut projections for India's economic growth

European shares touched new seven-year highs after data

showed China's economic growth slowed less than feared and
on expectations the European Central Bank will launch a
quantitative easing programme later this week.

US stock index futures poised for a higher opening at the Wall

Street on Tuesday.

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

MARKET MOVERS UPSIDE

NIFTY SPOT

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ONGC

350.30

CHANGE
(%)
0.81

ITC

371.10

3.43

S3

S2

S1

8392

8525

8610

RELIANCE

903.05

2.66

HDFC BANK

1020.95

1.63

TREND

STRATEGY

BULLISH

BUY ON DIPS
PIVOT POINTS
P
R1
R2

8659

8744

SUPPORT
S1-8625
S2-8575

NIFTY

8792

R3

8926

RESISTANCE
R1-8735
R2-8815

MARKET MOVERS DOWNSIDE

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TCS

2500.45

CHANGE
(%)
[0.42]

MARUTI

3605.55

[0.57]

M&M

1325.25

[0.52]

POWER GRID

147.40

[0.3]

FII & DII ACTIVITY

INSTITUTION

NET BUY
(CR.)

NET SELL
(CR)

FII

4796

3520.41

DII

1517.7

2279.3

BANK NIFTY FUTURE

TREND
BULLISH
PIVOT POINTS
S3

NSE TOTALS

18946

INDICES

ADVANCES

DECLINES

NIFTY

37

13

BANK NIFTY

10

STRATEGY
BUY ON DIPS

S2

S1

R1

19334

19574

19722

19963

BANK NIFTY

SUPPORT
S1-19490
S2-19125

R2

R3

20111

20499

RESISTANCE
R1-19875
R2-20095

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

r

MARKET TALKS

Ramky Infra bags

Rs209.89 crore

order

that the Indian defence sector offer. It already supplying

worth

paramilitary ambulances to the armed forces since the last year.

Ramky Infrastructure announced that the JV (70% holding Ramky

Infrastructure) has been awarded the project worth Rs209.89 for

RBI asks banks to review base rate

every quarter

rehabilitation and upgradation of NH-43 from 180km to 241km to two

lane with paved shoulder in the state of Chattisgarh under NHDP-IV

RBI has asked banks to notify the base rate, at least once in

through EPC route by Ministry of Road Transport & Highways. The

every three months based on cost of funds, a move seen as a

development is positive for Ramky Infrastructure.

nudge to lenders to pass on changes in policy rate to borrowers.

At present, the review of the base rate does not have a fixed

Reliance
Communications
equity shares

schedule. While banks have the freedom to calculate cost of

allots

funds the methodology should be reasonable reasonable and

transparent provided and consistent.

Reliance Communications announced that the Committee of

Directors at their meeting held on Jan 20, 2015 have allotted
8,66,66,667 equity shares to Telecom Infrastructure Finance (TIFPL),

MRF in talks to buy Kesoram

Industries tyre unit

a Promoter Group company, against Warrants issued to them. As a

result, the Promoter Group's holding has gone up to 59.70% from

MRF, which is Indias largest tyre manufacturer, is in discussion

existing 58.25%.

with Birla group company Kesoram Industries to acquire its tyre

unit branded as Birla Tyres. Kesoram Industries had earlier

Force Motors sets sights on defence

sector

decided to restructure its businesses and hive off the tyre division
to reduce the debt on books. Birla Tyres has two manufacturing
facilities one in Orissa and the other in Uttrakhand which has an

Force Motors Limited, is actively looking at tapping the huge potential

excise duty benefit till 2019.

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