CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY EQUITY REPORT

26TH DECember 2014

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

INDIAN MARKET

INDIAN FACE

INDICES

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PREVIOUS

SENSEX

27208.61

27,506.46

NIFTY

8174.10

8,267.00

INDIAN EQUITY BENCHMARK ended lower for the second

straight session weighed down by Oil & Gas shares on

ASIAN MARKET

continued fall in crude oil prices over recent months.

INDICES

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Weakness in the China markets along with selling in the Index

NIKKEI

17,854.23

17,635.14

heavyweights further dampened the sentiments of the

HANG SENG

23,349.34

23,333.69

KOSPI

1,946.61

1,939.02

SECTORIAL INDICES
INDICES

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CHANGE (%)

CNX 100

8,159.65

-0.98

S&P CNX 500

6,650.60

-0.78

CNX MIDCAP

12,240.10

0.09

CNX 200

4,207.90

-0.88

BANK NIFTY

18,535.35

-0.37

investors. Today was the expiry of December derivative

contracts.

Further, Manappuram Finance rose 1.39% after the

company's board of directors approved the acquisition of
70% stake in Asirvad Micro Finance, Chennai.

Nandan Denim jumped 9.81%, on media buzz that

Devkinandan Corporation LLP, one of the promoters of the
company, increased its stake in the company via open market.

TOP GAINERS
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CHANGE (%)

ULTRACEM

2,615.85

2.80

SSLT

206.00

0.86

ACC

1,391.55

0.72

ZEEL

381.50

0.70

TOP LOSERS

GLOBAL FACE

Asian shares rose on, supported by record gains in US share

markets after stellar growth figures from the world's top
economy.

European shares inched up in a shortened session ahead of the

Christmas break, gaining ground for the seventh day in a row

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CHANGE (%)

GAIL

431.50

-3.54

DRREDDY

3,138.05

-2.13

HDFC

1,101.00

-2.08

NTPC

140.05

-2.03

and mirroring a rally on Wall Street fuelled by unexpectedly

strong U.S. economic growth data.

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

Street on Wednesday.

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

MARKET MOVERS UPSIDE

NIFTY SPOT

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ICICI BANK

353.10

CHANGE
(%)
0.03

AXIS BANK

494.30

0.10

S3

S2

S1

0.15

7942

8074

8124

HCL TECH
KOTAK BANK

1539.70
1245.35

0.07

TREND

STRATEGY

BULLISH

BUY ON DIPS
PIVOT POINTS
P
R1

8205

8255

SUPPORT
S1-8215
S2-8140

NIFTY

R2

R3

8336

8467

RESISTANCE
R1-8305
R2-8375

MARKET MOVERS DOWNSIDE

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TCS

2479.90

CHANGE
(%)
[1.46]

ONGC

344.00

[2.29]

ITC

371.40

[0.87]

RELIANCE

884.15

[1.07]

FII & DII ACTIVITY

INSTITUTION

NET BUY
(CR.)

NET SELL
(CR)

FII

5112.98

7921.25

DII

2910.17

2401.08

BANK NIFTY FUTURE

TREND
BULLISH
PIVOT POINTS
S3

NSE TOTALS

18200

INDICES

ADVANCES

DECLINES

NIFTY

15

35

BANK NIFTY

STRATEGY
BUY ON DIPS

S2

S1

R1

18396

18466

18591

18661

BANK NIFTY

SUPPORT
S1-18510
S2-18405

R2

R3

18786

18982

RESISTANCE
R1-18720
R2-18855

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

r

MARKET TALKS

On buzz that the company is looking to raise funds upto Rs634

JP
Associates
board
approves
disinvestment of two cement units

crore from foreign investors by April in an effort to infuse liquidity

into the cash-strapped shipbuilder.

Jaiprakash Associates has announced that the Board of Directors of

the Company at its meeting held on December 23, 2014 has approved

the disinvestment of cement units to UltraTech Cement. The board

Cabinet approves ordinance for

Insurance FDI; stocks rally

has approved the Memorandum of Understanding setting out the

broad terms and conditions of the proposed acquisition.The enterprise

The Union Cabinet has approved the ordinance for Insurance FDI

value of this acquisition has been agreed at Rs5400 crore.

and Coal block allocations. This is positive for insurers like Max
India, Bajaj Finserv, Reliance Capital; Exide.Shares of companies

engaged in insurance business rose by up 4% after the Union

Essel Propack receives approval to

merge EP Lamitubes
Essel Propack received approval to merge EP Lamitubes (wholly
owned subsidiary of Essel Propack) from Bombay high court. The
merger will cut administrative cost related to overseas investments

Cabinet clears the Insurance Laws Amendment Bill.

GAIL, RCF, CIL and FCIL sign JVAs

to revive fertilizer plant at Talcher,
Odisha

and help improve profits. The company is also planning to undertake

more restructuring to improving profitability in near to medium term

GAIL along with Coal India Rashtriya Chemicals and Fertilizers

positive read through for the stock.

and Fertilizer Corporation signed joint venture agreements to set

up an integrated Coal Gasification cum Fertilizer and Ammonium

Bharati Shipyard surges in weak trend

Nitrate Complex at Talcher in Odisha. The project comprises of

3,850 MTPD Urea plant, 2,700 MTPD Ammonia plant, 850 MTPD

Shares of Bharati Shipyard rose over 15%, touching to Rs38.75

Nitric Acid plant and 1,000 MTPD Ammonia Nitrate plant.

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