Thursday, October 31, 2013

Movers and Shakers 31/10/2013


MOVERS & SHAKERS as on 31 st October 2013
Top Gainers BSE SENSEX  Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
SBI 1795.50 4.33 DRREDDYSLAB 2455.95 -2.64
TATA STEEL 334.40 2.45 SUNPHRMINDS 607.95 -1.72
GAIL 352.85 2.31 CIPLA 413.95 -1.16
TATAPOWERCOM 82.05 1.99 MAH&MAH 888.35 -0.97
ICICI BANK 1121.05 1.96 HIND.UNILEV 609.25 -0.67
Top Gainers BSE BANKEX INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BANKOFINDIA 209.90 21.26 YES BANK 368.80 -0.91
CANARA BANK 258.00 10.82 INDUSINDBANK 446.05 -0.21
BANKOFBARODA 643.20 10.76 HDFC BANK 679.45 -0.06
PNB 544.30 8.93      
UNION BANK 123.50 7.39      
Top Gainers BSE MIDCAP INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
ORIENTALBANK 180.85 18.01 CARNATNNUTAN 564.05 -5.83
JUST DIAL 1243.00 17.80 SUZLON 9.70 -4.90
ALLAHA.BANK 91.75 13.34 ERACONSTRUCT 37.85 -4.90
INDIAN BANK 83.30 13.33 LANCO INFRA 6.13 -3.92
SYNDICATEBAN 81.20 8.63 PRESTIGE EST 143.40 -3.82
Top Gainers BSE SMALL CAP INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
MAGMA FINCOR 75.80 13.81 ROLLATAINERS 107.25 -8.72
ANANTRAJINDS 55.10 12.11 ANUKARANCMRL 59.90 -5.00
TARA JEWELS 103.55 11.83 KAPPAC PHRM 475.70 -4.99
ELDERPHARMAC 313.55 11.13 VIVIMED LABS 179.85 -4.99
DISHMAN PHAR 69.10 9.08 MONEYMAT.FIN 119.75 -4.96
Top Gainers BSE 100 INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
SHRIRAM TRNS 617.30 7.83 SUZLON 10.20 -4.94
PFC 136.05 5.83 BANKOFINDIA 173.10 -4.10
LIC HSNG FIN 219.20 5.59 IDBI BANK 65.90 -3.94
BHARTI AIRTE 359.05 5.23 UNION BANK 115.00 -3.32
DRREDDYSLAB 2522.65 3.87 MAHINDRA FIN 291.15 -3.26
Top Gainers BSE 200 INDEX  Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BANKOFINDIA 209.90 21.26 SUZLON 9.70 -4.90
CANARA BANK 258.00 10.82 AMBUJA CEM 187.60 -2.65
BANKOFBARODA 643.20 10.76 MAHINDRA FIN 283.45 -2.64
PNB 544.30 8.93 DRREDDYSLAB 2455.95 -2.64
UNION BANK 123.50 7.39 UNITED BREW 924.55 -2.24
Top Gainers BSE 500 INDEX  Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BANKOFINDIA 209.90 21.26 CARNATNNUTAN 564.05 -5.83
ORIENTALBANK 180.85 18.01 ANUKARANCMRL 59.90 -5.00
JUST DIAL 1243.00 17.80 SUZLON 9.70 -4.90
MAGMA FINCOR 75.80 13.81 ERACONSTRUCT 37.85 -4.90
ALLAHA.BANK 91.75 13.34 GOENKA DIAM 16.60 -4.05
   
Top Gainers BSE PSU INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BANKOFINDIA 209.90 21.26 H M T LTD. 29.65 -1.50
ORIENTALBANK 180.85 18.01 PFC 134.60 -1.07
ALLAHA.BANK 91.75 13.34 GMDC 103.45 -0.86
INDIAN BANK 83.30 13.33 CONCOR 752.80 -0.67
CANARA BANK 258.00 10.82 CHENNAIPETRO 52.65 -0.66
Top Gainers BSE TECK INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BHARTI INFRA 163.90 7.26 ONMOBILE GLO 27.00 -3.91
TATA COMMUNI 263.45 4.56 GTL INFRA 1.64 -2.96
DISH TV 53.50 4.19 TATA TELESER 7.02 -2.36
MTNL 14.54 2.61 HIMACHLFUTUR 8.50 -1.51
DB CORP 268.90 2.56 SUN TV 420.55 -0.56
           
Top Gainers BSE AUTO INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
MOTHRSNSUMIS 270.20 4.85 MAH&MAH 888.35 -0.97
ASHOKLEYLAND 17.20 1.47 BAJAJ AUTO 2129.00 -0.31
EXIDE INDS 124.75 0.89 MARUTI SUZUK 1633.70 -0.03
MRF 15750.00 0.80      
CUMMINSINDIA 395.65 0.69      
 
Top Gainers BSE IT INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
ORACLE FIN 3225.00 1.44 INFOSYS 3308.65 -0.46
MPHASIS 427.00 1.01 TECH MAHINDR 1550.40 -0.27
TCS 2108.25 0.87 FINAN.TECHNO 173.30 -0.26
HCLTECHNOLOG 1093.25 0.74      
MINDTREE LTD 1379.65 0.63      
Top Gainers BSE CAPITAL GOODS INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
WELSPUN CORP 42.55 5.32 SUZLON 9.70 -4.90
CROMPTONGREV 105.45 4.77 HAVELLSINDIA 738.90 -1.53
SIEMENS 582.65 4.69 CARBORMUNIVR 113.50 -1.39
LAKSHMMCHNWR 2366.35 4.28 SKF INDIA 597.55 -1.26
FAG BEARINGS 1360.00 2.79 PUNJ LLOYD 28.10 -1.06
Top Gainers BSE CONSUMER DURABLES INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
PC JEWELLER 104.25 4.46 WHIRLPOOL 168.85 -3.43
TITAN INDS 266.30 4.15 VIP INDS 57.30 -2.39
GITANJALI 64.85 2.61 BAJAJ ELTRL 164.30 -0.67
BLUE STAR 152.00 1.27      
RAJESH EXPO 96.15 1.16      
Top Gainers BSE FMCG  INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
JUBILANTFOOD 1187.35 4.75 UNITED BREW 924.55 -2.24
GODREJCONSUM 868.90 1.34 HIND.UNILEV 609.25 -0.67
ITC LTD 334.25 0.36 TATA GLOBAL 164.00 -0.58
COLGATEPALMO 1239.20 0.11 DABUR INDIA 178.50 -0.36
      UNITED SPIRI 2569.90 -0.12
Top Gainers BSE HEALTH CARE INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
JUBILANTFOOD 1187.35 4.75 UNITED BREW 924.55 -2.24
GODREJCONSUM 868.90 1.34 HIND.UNILEV 609.25 -0.67
ITC LTD 334.25 0.36 TATA GLOBAL 164.00 -0.58
COLGATEPALMO 1239.20 0.11 DABUR INDIA 178.50 -0.36
      UNITED SPIRI 2569.90 -0.12
Top Gainers BSE METAL INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
NMDC 139.10 3.04 NIL    
TATA STEEL 334.40 2.45      
COAL INDIA 287.35 1.88      
SESA GOA 201.90 1.87      
HINDALCO 115.00 1.55      
           
Top Gainers BSE OIL & GAS INDEX  Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
GAIL 352.85 2.31 BPCL 359.55 -0.48
OIL INDIA 470.80 1.83 CASTROLINDIA 306.75 -0.07
RIL 912.35 1.64      
ONGC 293.20 1.58      
PETRONET LNG 124.25 1.30      
Top Gainers NSE NIFTY INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BANKOFBARODA 642.90 10.61 DRREDDYSLAB 2456.40 -2.65
PNB 544.40 8.92 AMBUJA CEM 188.35 -2.36
SBI 1796.75 4.40 LUPIN 887.90 -1.57
JAIPRAK ASSO 47.65 3.81 SUNPHRMINDS 608.80 -1.57
IDFC 105.75 3.02 RANBAXY LABS 391.10 -1.54
Top Gainers NSE JR NIFTY INDEX Top Losers
           
STOCK PRICE CHANGE% STOCK PRICE CHANGE%
BANKOFINDIA 209.90 21.47 MAHINDRA FIN 282.45 -3.07
CANARA BANK 258.25 10.79 UNITED BREW 925.20 -2.44
UNION BANK 123.55 7.48 ADANI ENTER 207.65 -1.61
SIEMENS 582.15 4.86 PFC 134.40 -1.25
CROMPTONGREV 105.60 4.81 SHRIRAM TRNS 611.35 -1.04

Market Summary of the day 31/10/2013

Sensex settles at record high
Continued buying by foreign investors for the last 19 sessions and a sharp rally in PSU banks pushed
Sensex up by 130 points, to a record closing high today as Dalal-Street swung into the festive spirit
ahead of the festival of Diwali. It is Diwali already on D-Street as the buying frenzy saw the indices climb to another record closing high and the markets registering Rs 5-lakh crore plus turnover for the first time ever.
PSU banks such as Bank of India surged on better-than expected Q2 results on hopes of stability in
asset quality. With the US Federal Reserve’s sticking to record stimulus, emerging markets such as India are likely to continue to see further foreign fund inflows amid the availability of cheap money in the US.
Back home, after a steady start, markets picked up steam in the last few hours as traders rolled over
their positions on the day of the expiry of the October F&O contracts. Asian stocks ended lower today on concerns that the US Federal Reserve may start scaling back QE as soon as US economy shows further improvement. 

BSE SENSEX closed at 21,164.52, up by 130.55 points and NSE Nifty ended at 6,299.15, up by 47.45
points. Sensex touched a high of 21,205 and Nifty scaled the levels of 6,309 in intra-day trades.
However, Rupee was trading at Rs 61.39 compared with previous close of Rs 61.24 per dollar.

The Market breadth, indicating the overall health of the market, was strong with 1319/1161 as
advance/decline at the close. Dr Reddy's fell on profit booking after reporting strong Q2 result. Most bank stocks gained. SBI rose after the bank announced reduction in interest rates on bulk deposits (Rs 1 crore and above) across maturities. Bank of Baroda shrugged off weak Q2 result. Bank of India surged after strong Q2 earnings. Shares of realty major DLF edged higher in choppy trade after reporting Q2 result.
Top Nifty Gainers were BOB, PNB, SBI, JP Associates & IDFC while Top Nifty Losers were Dr Reddys,
Ambuja Cement, Lupin, Sun Pharma & Ranbaxy lab among others.

Global Markets Updates:

European shares slipped further away from five-year highs on Thursday, with the Federal Reserve's
less-dovish-than-expected statement raising concerns the U.S. central bank could start trimming its
stimulus sooner than foreseen. However, both Dow and NASDAQ futures were trading lower at this evening.

Technical Parameters of NIFTY

• RSI was at 69, MACD positive above signal line; India VIX was at 18~ which all Indicate that market may see new highs if US outcome from FOMC meet does not surprise us with any negative announcements.

• Nifty closed above all its moving averages like 5DMA (6203), 20DMA (6099) 50DMA (5899) and 200DMA (5856) which all indicate that market may see new highs in the time to come if everything goes well.

Markets closed in Positive terrain with ALL major sectors closing in GREEN. But, BSE_CDs
was the Best performing Sector today.

Wednesday, October 30, 2013

Market Triggers 30/10/2013



 Diwali Gift from RBI: RBI signal: Expect more rate hikes. Inflation-wary central bank raises repo rate 25 bps; but cuts MSF rate in equal measure to allow extra liquidity; bankers ambivalent on future course but stock markets relieved.  Vodafone to invest Rs 10,141 cr to raise stake in Indian arm to 100%. Values subsidiary at Rs 28,469.9 cr, 48% less than in Feb '12.  Infosys likely to be slapped $35-mn fine. WSJ report says this would be the largest immigration fine ever. 
ECONOMY NEWS
 RBI prescribes Rs 500-cr initial capital for foreign bank subsidiaries. Central bank will offer near-national
treatment to foreign lenders opting for subsidiarisation.  Retail deposit rates may rise. Banks might hold on to lending rates for the time being.  RBI to launch inflation-indexed securities. The Street, however, feels such measures might not see significant
investor interest.
INTERNATIONAL NEWS
 Apple profit declines despite increasing sales of iPhones. Revenue from China, Hong Kong and Taiwan climbed just 6% despite the 5C and 5S going on sale in September  Dell Inc will delist from the NASDAQ at the close of Tuesday's trading, as founder Michael Dell and private equity house Silver Lake complete their controversial $24.9 billion buyout of the struggling PC maker.  US stocks rose, with the Standard & Poor's 500 Index extending a record, as data showing lower retail sales and consumer confidence fuelled bets the Federal Reserve will maintain stimulus as it starts a policy meeting. 
COMPANY NEWS
 Tata Steel braces for UK job cuts in face of low demand. Tata Steel Europe announces restructuring of long
products business; 500 jobs may be hit; operations at Scunthorpe, Teesside & Workington to be affected.
 Ranbaxy in red on stock write-off, forex charge. Street keenly watching how the company plans to monetize
exclusivity opportunities for Diovan, Valcyte and Nexium.  Lower demand, costlier import pull down NTPC's profit. Net profit for the quarter at Rs 2,492 cr compared with Rs 3,142 cr during the same period last year.  No hit from order to give up KG-D6 discoveries, says RIL. Company says it hasn't made any investment in it.  Gaja Advisors plans $250 mn fund for mid-size, SME firms.  Repco Home Finance net profit up 30.7%. Total income from operations increased by 9.48% at Rs 129.9 crore as compared to Rs 118.65 crore.
WORLD MARKET
European shares edged higher on Tuesday as
estimate-beating results at BP and Saipem fuelled a
surge in the oil sector, a laggard in this year's equity
rally.
Asian share markets should take heart from record
highs in U.S. stocks on Wednesday as investors'
wager the Federal Reserve will rock no boats at its
policy meeting and leave stimulus in place for the
next few months at least.
The Dow and S&P 500 ended at record highs on
Tuesday after economic data supported views that
the Federal Reserve would keep its stimulus intact for
several months and IBM rallied after the company
announced a stock buyback.
MARKET OUTLOOK FOR TODAY
Domestic markets are likely to open on a positive note, tracking strong cues from the overseas markets. Asian peers are trading higher amid rising company earnings and on speculations that the US Fed will leave stimulus in place for the next few
months at least. Nikkei is advancing, benefiting from weakness in the yen against the US dollar, as well as overnight advances on Wall Street. On domestic front, Telecom and Realty stocks are likely to be in limelight today as corporate earnings from Bharti Airtel, Bata India; DLF etc. will be announced for Q2. Selected banking stocks will also
be in focus after the RBI positive policy announcements.  The US stocks closed higher on Tuesday, with the S&P's 500 Index extending a record, on expectations that the Federal Reserve will maintain stimulus as it starts a policy meeting. FIIs net buy worth Rs. 1103 crs in the last session, SGX nifty trading positive by about 20 points at this morning and positive global cues may all lead to positive opening on nifty by about 10-15 points at the morning bell and then we may see stock specific move ahead of F&O expiry tomorrow and its roll over position.



Trade Calls 30/10/2013


SCRIP NAME
ACTION
RANGE
CMP
INTRADAY TARGET
STOP LOSS
52 WEEK
H/L
TATA STEEL
BUY
RANGE 322-326
326
332
320
448/195
TATA MOTORS
BUY
RANGE 378-382
382
388
375
393/245
ARVIND MILLS
BUY 1-2 DAYS
RANGE 105-107
107
112
103
108/65
SYNDICATE BANK
BUY 1-2 DAYS
RANGE 74-76
76
80
72
145/61
INFOSYS
SELL
RANGE 3330-3350
3330
3300
3360
3372/2190
LUPIN
SELL
RANGE 894-900
894
885
902
946/557
RANBAXY
SELL
RANGE 383-388
386
365
395
559/254






















Tuesday, October 29, 2013

Market Summary for the day 29/10/2013


Sensex rose nearly 2 % snapping a five-day losing streak to hit their highest close in nearly
three years and also managed to close at their highest level in 2013 so far led by bank shares after the RBI at its second Quarter Review of Monetary Policy 2013-14 announced today.  RBI in its monetary policy review today hiked the repo rate by 25 bps to 7.75%. The MSF rate was cut by 25 bps to 9.25%. CRR was left unchanged at 4%. RBI also cuts the FY14 GDP growth forecast to 5% from 5.5%. Giving a CPI forecast for the first time, the RBI said retail inflation will remain above 9%, adding that both WPI and CPI will remain elevated in the months ahead. The rupee was trading stable at Rs 61.52 compared with previous close of Rs 61.53 per dollar after an in-line monetary policy review. FIIs remained net buyers of equities yesterday.
Globally, Asian shares withered and the dollar lurked just above its recent lows while
European markets were trading in green boosted the sentiment. In Domestic markets, all the sectoral indices closed in the green with gains of at least 0.5%. Bankex was the top gainer among the sectoral indices on the BSE up 4.4% followed by Realty, Metal and Auto indices up 2% each. Others like PSU, Power, Consumer Durables, Health Care, Capital Goods and Oil and Gas indices up 1% each. Maruti Suzuki was up 8.2% after reporting a better than expected net profit at Rs 670 crore for the quarter ended September 2013 (Q2FY2014), driven by strong growth in exports, favorable exchange rate and cost control measures.
Other Sensex gainers include, Tata Steel, Mahindra & Mahindra, Hero MotoCorp, Hindalco,
SSLT, Hindustan Unilever, Tata Power and HDFC adding gains of 2-4% BHEL down 0.1% was the only loser among the Sensex-30. Sensex closed up by 359 points at 20,929 and Nifty ended up 120 points at 6,221. The market breadth was very positive on the BSE, 1,291 stocks advanced while 1,095 stocks
declined. 
Global Markets Updates:
European shares edged higher early on Tuesday to keep within their recent, tight range as
the banking sector slid after provisions for legal costs marred results at Deutsche Bank and
UBS.
However, Both NASDAQ & Dow futures started trading in Red at this evening ahead of
FOMC minutes outcome.
Technical Parameters of NIFTY
• RSI was at 65, MACD negative below & signal line; India VIX was at 19~ which all Indicate that market may see
new highs if US outcome from FOMC meet does not surprise us with any negative announcements.
• Nifty closed above all its moving averages like 5DMA (6161), 20DMA (6047) 50DMA (5811) and 200DMA

(5854) which all indicate that market may see new highs in the time to come if everything goes well.

Monday, October 28, 2013

Market Summary for the day 28/10/2013

• The key domestic indices ended lower today as the Sensex closed in the red for the fifth day on
the trot as FMCG stocks declined amid disappointing Q2 results from companies such as ITC.
• Caution ahead of the RBI’s policy decision tomorrow, where the central bank is expected to
raise its key benchmark rate by 25 bps, the second straight hike, amid surging inflationary
pressures, also weighed on sentiment.
• The markets are expected to stay volatile ahead of the October futures and options expiry later
this week, while caution ahead of the two-day US Federal Reserve policy meet beginning
tomorrow, also weighed on markets.
• FMCG major ITC shed more than 3.5 per cent after the company’s Q2 sales growth lagged
market estimates. Net Sales of ITC increased 8.9 per cent (far lower than analysts'
expectations) to Rs 7,780 crore during September quarter from Rs 7,146 crore in the year ago
period, dented by slow volume growth in cigarette business and fall in agri volume.
• Asian stocks ended higher today amid speculation that global central banks may maintain
stimulus this week to support the world economy. The US Federal Reserve, which will begin its
two-day policy meet on Tuesday, is tipped to maintain its USD 85 billion monthly bond buying
program while the Bank of Japan will continue to buy bonds to achieve the 2 per cent inflation
target.
• BSE SENSEX closed at 20,570.28, down by 113.24 points and NSE Nifty closed at 6,101.1,
down by 43.8 points.
• On the Sectoral front, FMCG and Realty shed 2.56 per cent and 2.10 per cent, respectively.
• The Market breadth, indicating the overall health of the market, was weak.
• Top Nifty Gainers L&T HDFC ONGC WIPRO & Kotak Bank
• Top Nifty Losers JP Associates Bk of Baroda ITC PNB & DLF
Global Markets Updates:
• Pan-European stocks steadied near 5-year highs on Monday, propped up by robust corporate
earnings, but with some strategists taking profits from the recent rally.
• However, Dow and Nasdaq future started on a mixed note with Nasdaq Future trading higher by
about 6 points and Dow flat at about 4 points down at this evening .

Technical Parameters of NIFTY
• RSI at 57, MACD positive above signal line; India VIX was at 21~ which all Indicate that market may see
consolidate in short to medium term before taking any direction further.
• Today Nifty closed below 5DMA (6158) but above 20DMA (6028) 50DMA (5802) and 200DMA (5852) which all indicate that market may make consolidate further before taking any decision further.

SECTOR-WISE PERFORMANCE

Markets closed in negative terrain with most sectors closing in red. However, BSETECK
was the best performing sector while BSE REALTY was the worst performing sector