CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY EQUITY REPORT

2ND FEBRUARY 2015

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

INDIAN MARKET

INDIAN FACE

INDICES

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SENSEX

29182.95

29681.77

NIFTY

8808.90

8952.35

INDIAN EQUITY BENCHMARK ended the session on a lower

note with Nifty breaking ten-day winning streak as investors

ASIAN MARKET

turned cautious and booked profits at higher levels. Also,

INDICES

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lower than expected corporate earnings posted by blue chip

NIKKEI

17,674.39

17,606.22

companies such as Dr Reddys Lab, ICICI Bank

HANG SENG

24,507.05

24,595.85

KOSPI

1,949.26

1,951.02

Further, NTPC rose 1.37% after company's net profit rose

7.43% to Rs3074 crore on 1.27% declined in total income to

SECTORIAL INDICES

Rs19339.37 crore in Q3 December 2014 over Q3 December

INDICES

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CHANGE (%)

CNX 100

8,794.95

-1.45

S&P CNX 500

7,166.70

-1.25

CNX MIDCAP

13,124.10

-0.42

stake in Coal India, the largest coal producer in the world, was

CNX 200

4,542.00

-1.33

fully covered by mid-afternoon, helped by strong demand

BANK NIFTY

19843.75

-3.34

2013.

Coal India fell 3.87% after the government's sale of a 10%

from portfolio investors, data from stock exchanges showed.

TOP GAINERS

GLOBAL FACE

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CHANGE (%)

HCLTECH

1794.35

8.82

91.40

3.69

DLF

171.05

2.64

counter persistent concerns over global growth and sagging

BPCL

751.00

2.34

Chinese shares.

TATAPOWER

TOP LOSERS

territory, as a late earnings-led surge on Wall Street helped

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CHANGE (%)

BANKBARODA

192.20

-11.49

SBIN

309.30

-5.41

ICICBANK

360.25

-5.27

PNB

189.25

-4.95

Asian shares wavered between positive and negative

European shares edged higher and headed for its best monthly
performance in three years, with positive German retail sales
data improving sentiment and helping the benchmark DAX
index

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

Street on Friday.

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

MARKET MOVERS UPSIDE

NIFTY SPOT

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WIPRO

606.55

CHANGE
(%)
0.64

NTPC

143.65

1.27

S3

S2

S1

1791.75

8.66

8417

8638

8723

291.75

1.34

HCL TECH
BHEL

TREND

STRATEGY

BULLISH

BUY ON DIPS
PIVOT POINTS
P
R1
R2

8860

8945

SUPPORT
S1-8785
S2-8705

NIFTY

9081

R3

9303

RESISTANCE
R1-8950
R2-9015

MARKET MOVERS DOWNSIDE

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TCS

2482.05

CHANGE
(%)
[2.46]

ONGC

351.35

[0.16]

RELIANCE

915.25

[1.52]

ITC

368.55

[0.45]

FII & DII ACTIVITY

INSTITUTION

NET BUY
(CR.)

NET SELL
(CR)

FII

6145.72

6917.27

DII

2281.99

2319.59

NSE TOTALS

BANK NIFTY FUTURE

TREND
BULLISH
PIVOT POINTS
S3

18511

INDICES

ADVANCES

DECLINES

NIFTY

16

34

BANK NIFTY

12

STRATEGY
BUY ON DIPS

S2

S1

R1

19360

19677

20208

20526

BANK NIFTY

SUPPORT
S1-19825
S2-19555

R2

R3

21057

21906

RESISTANCE
R1-20475
R2-20625

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

r

MARKET TALKS

Rs7500 crore. Proceeds from the issue will be utilized to fund a

SpiceJet board approves up to $243

mn share sale plan

portion of the ongoing capital expenditure, increase investments

in subsidiaries to support future growth opportunities.

SpiceJet said that its board has approved selling shares worth up to
Rs15 billion ($242.6 million) in the company, following a deal between

its current majority owner and a co-founder leading a rescue plan.

Bharti Airtel falls 2% on stake sale

plans to Kotak Bank

Ajay Singh, who helped found the airline in 2005, agreed this month to
buy a controlling stake from billionaire majority owner Kalanithi

Shares of Bharti Airtel falls 2% to Rs368.80 on NSE on plans to

Maran's Sun Group in a bid to turn around the money-losing airline.

sell 19.39% stake in its payment banking venture to Kotak

Mahindra Bank Positive for Kotak Bank as well as Bharti Airtel

Bharti Airtel announced that its wholly owned subsidiary Airtel M

Igarashi Motors open offer priced at

Rs307.92/share

Commerce Services Limited (AMSL) is seeking to convert its

existing Prepaid Payment Instrument license into a Payments

Rico Igarashi Motors open offer priced at Rs307.92/share (10%

discount to CMP Rs337); sentimentally negative. lgarashi Electric
Works Limited, Japan and MAPE Advisory Group Private Limited

Government to infuse funds into

stalled road projects

have agreed to buy the entire stake of 97.9% held by Blackstone

Capital in Agile Electric Sub Assembly Private Limited (Igarashi

The road ministry has proposed to allow road developers to

Promoter) which has triggered the open offer.

borrow additional funds from the NHAI required to complete

stalled projects at a rate lower than that offered by banks. The

Tata Motors to raise Rs7,500 crore via

rights issue

move if implemented will help the execution of stalled projects

which were unable to complete owing to want of funds and banks
unable to lend additional loans. The development is positive for

Tata Motors management has proposed a rights issue to the tune of

the road sector especially players like IRB Infrastructure.

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