Weekly Newsletter-Equity

17-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 0.85%, 0.55% resp. this week. Retail Sales m/m 0.3% and US Unemployment Claims at 343K. US & Euro markets were green; Asian markets too were also green last week.

Indian markets ended with gain on Friday, for this week Sensex and Nifty were red
slipping marginally by 0.4% each. Major sectors which were down like Realty, IT, Oil & Gas. Top looser were BHEL (down 7.4%), Tata Power (down 4.6%), NTPC (down 4.4%). The earnings season is well underway & will vie for investors attention in the coming week as well. Technically Nifty may expected to drop from this point or a short term range bound movement this week; Nifty this week may range 6180-5630.

It's been an eventful week outside the market this week. A host of data and moves by
the cabinet have failed to enthuse the market as the indices remained stuck in a narrow trading band. WPI for November stood at 7.24%. A moderation in inflation is a pleasant surprise, yet the number is quite high against the RBIs comfort zone. The Indian rupee fell to its lowest in over a week on Friday after heavy dollar buying by a large state-run bank wiped out all gains even as a below expected inflation reading raised hopes that the central bank could start cutting interest rates as early as January.

The S&P 500 has positive this weeks on Thursday as bullish although it ended the day
flat as politicians remain at odds about how to avoid the so-called fiscal cliff. The major indices gained for this week showing a bullish trend, with the Dow jones raised nearly by 0.74 percent, and the Nasdaq Composite Index flat 2.89 pts or 0.10 percent to end at 2992.16. Among the day's economic data, consumer prices fell in November for the first time in six months, indicating US inflation pressures were muted. Also manufacturing grew at its swiftest pace in eight months in December.

MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME Next Mediaworks Radha Madhav Cor. Birla Cotsyn (India) Kemrock Inds&Expo. Four Soft CURRENT 5.45 4.50 0.20 86.90 17.45 PREV. CLOSE(RS) 3.20 2.85 0.15 68.20 13.80 CANG.(RS) 2.25 1.65 0.05 18.70 3.65 CHAG.(%) 70.31 57.89 33.33 27.42 26.45

NSE LOSERS
COMPANY NAME GTL Infrastructure Geodesic Simplex Projects Sujana Universal Koutons Retail India CURRENT 5.60 29.45 37.55 1.65 8.15 PREV. CLOSE(RS) 9.25 37.90 48.00 2.10 10.35 CANG.(RS) -3.65 -8.45 -10.45 -0.45 -2.20 CHAG.(%) -39.46 -22.30 -21.77 -21.43 -21.26

VOLUME TOPPERS
COMPANY NAME Kingfisher Airlines Unitech Karnataka Bank Lanco Infratech Suzlon Energy CURRENT 17.75 33.40 163.00 13.00 18.65 PREV. CLOSE(RS) 17.15 33.50 159.50 12.80 18.30 CHAG.(%) 3.50 -0.30 2.19 1.56 1.91

Volume in (000s)
84115.34 51214.24 24151.68 15047.45 14773.89

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
17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012 17-Dec-2012

Index
22445.58 4320.19 9742.73 1652.75 2002.77 3,168.43 5929.6 2992.16 13170.72 1419.45

Net Change
195.77 27.59 197.57 36.52 53.15 61.32 28.20 2.89 96.68 5.51

Change (%)
0.88 0.64 2.07 2.26 2.73 1.97 0.48 0.10 0.74 0.39

INDIAN EQUITY MARKET

INDICES
NIFTY BANK NIFTY SENSEX

VALUE
5879.60 12530.00 19317.25

CHANGE
-50.50 99.95 -106.85

% CHANGE
-0.85 0.80 -0.55

TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 6273 R3 6147 R2 6021 R1 5950 P 5895 S1 5824 S2 5769 S3 5643 S4 5517

OUTLOOK
Trend: -Consolidate Resistance: - 6050, 6180 Support: -5730, 5630 Strategy: - Buy On Dips

NIFTY WEEKLY

BANK NIFTY WEEKLY PIVOT

SCRIPT BANK NIFTY R4 13576 R3 13207 R2 12839 R1 12684 P 12471 S1 12316 S2 12102 S3 11734 S4 11366

OUTLOOK
Trend:- Consolidate Resistance: - 12850, 13320 Support: - 12200, 11800 Strategy: - Buy On Dips BANK NIFTY WEEKLY

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