Weekly Newsletter-Equity

24-Dec-2012

EQUITY ANALYSIS - WEEKLY

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
Nifty and Sensex were closed red; lost 0.54%, 0.39% resp. this week. Existing Home Sales 5.04M and US Unemployment Claims at 361K. US & Euro markets were mixed; Asian markets too were also mixed last week.

Indian markets ended down on Friday due to profit booking, this week Sensex and Nifty
were red, slipping marginally around by 0.5% each. Major sectors which were down like Realty, Oil & Gas. Top looser were HDIL (down 7.6%) Unitech (down 2.1%), Cairn India (down 3.9%).Technically Nifty may expected to drop from this point or a short term range bound movement this week; Nifty this week may range 6100-5630.

It's been an eventful week outside the market this week. The Reserve bank of India in
its mid-quarter review of monetary policy kept policy rates unchanged on Tuesday. The cash reserve ratio of scheduled banks unchanged at 4.25 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility unchanged at 8.0 per cent and the Bank Rate at 9.0 per cent. On the political front Narendra Modi has won the Gujarat assembly elections for the third time in a row.

The S&P 500 has positive this weeks on Thursday after a Republican proposal for
averting the "fiscal cliff" failed to pass, dissipating hopes that a deal would be reached soon in Washington. The major indices showed this week a consolidate trend, with the Dow jones raised nearly by 1.07 percent, and the Nasdaq Composite Index gained 58.23 pts or 1.95 percent to end at 3050.39.The rupee has depreciated from 54.04 to 55.15. The Euro & GBP crosses with Indian rupee today has tested an all time high of 73.05 & 89.70 resp.IMF for an additional aid of 31.1bn euros with conditions attached.

MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME Polar Industries Ganesh Housing Co. TVS Electronics Eurotex Inds.&Exp. Sujana Universal CURRENT 6.20 122.45 20.75 21.20 2.10 PREV. CLOSE(RS) 3.30 82.55 15.70 16.60 1.65 CANG.(RS) 2.90 39.90 5.05 4.60 0.45 CHAG.(%) 87.88 48.33 32.17 27.71 27.27

NSE LOSERS
COMPANY NAME GTL Infrastructure Taksheel Solutions Assam Company In. Bilpower JIK Industries CURRENT 4.05 9.25 6.00 14.80 3.15 PREV. CLOSE(RS) 5.60 12.45 7.35 17.90 3.80 CANG.(RS) -1.55 -3.20 -1.35 -3.10 -0.65 CHAG.(%) -27.68 -25.70 -18.37 -17.32 -17.11

VOLUME TOPPERS
COMPANY NAME Unitech Suzlon Energy HDIL Reliance Power Reliance Comm CURRENT 32.65 18.25 106.95 91.70 72.55 PREV. CLOSE(RS) 34.10 18.60 113.35 96.00 74.45 CHAG.(%) -4.25 -1.88 -5.65 -4.48 -2.55

Volume in (000s)
5439.58 3326.81 3276.18 3191.41 2146.66

SECTORIAL INDICES
Indices
Hang Seng Jakarta Composite Nikkei 225 KLSE Composite Seoul Composite Strait Times FTSE 100 Nasdaq DJIA S&P 500

Country
Hong Kong Indonesia Japan Malaysia South Korea Singapore United Kingdom United States United States United States

Date
24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012 24-Dec-2012

Index
22659.78 4254.82 10039.33 1658.85 1976.09 3163.56 5958.30 3050.39 13311.72 1443.69

Net Change
214.20 -65.37 296.60 6.10 -26.68 -4.87 28.70 58.23 141.00 24.24

Change (%)
0.95 -1.51 3.04 0.37 -1.33 -0.15 0.48 1.95 1.07 1.71

INDIAN EQUITY MARKET

INDICES
NIFTY BANK NIFTY SENSEX

VALUE
5847.70 12347.35 19242.00

CHANGE
-31.90 -182.65 -75.25

% CHANGE
-0.54 -1.46 -0.39

TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 6219 R3 6103 R2 5986 R1 5917 P 5870 S1 5801 S2 5754 S3 5638 S4 5521

OUTLOOK
Trend: -Consolidate Resistance: - 6000, 6100 Support: -5730, 5630 Strategy: - Sell On High

NIFTY WEEKLY

BANK NIFTY WEEKLY PIVOT

SCRIPT BANK NIFTY R4 13516 R3 13146 R2 12776 R1 12562 P 12406 S1 12192 S2 12036 S3 11666 S4 11296

OUTLOOK
Trend:- Consolidate Resistance: - 12850, 13320 Support: - 12000, 11600 Strategy: - Sell On High BANK NIFTY WEEKLY

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