Equity Weekly Update Sensex 19575.64 288.92 Nifty 5944.00 72.

55

For the week 6

th

May to 10

th

May 2013 62.10

Nifty May Future 5951.10

Weekly Outlook: - Next batch of Q4 results, industrial production data in focus The next batch of Q4 March 2013 results and macroeconomic data will dictate trend on the bourses in the near term. The Q4 March 2014 results announced so far showed that the combined net profit of 367 companies rose 11.5% on 7.7% growth in sales in Q4 March 2013 over Q4 March 2012. On the macro front, the Central Statistics Office (CSO) will issue data on industrial production for March 2013 on Friday, 10 May 2013. Industrial production rose 0.6% in February 2013. On the global markets front, Asian markets will on 6 May 2013 react to the influential US non-farms payroll data for April 2013 which will be released on Friday, 3 May 2013.

Weekly Movement of Market Key Indices Nifty Sensex Bank Nifty CNX IT NSE Midcap BSE Auto BSE FMCG BSE Metal BSE Oil & Gas BSE Power BSE PSU BSE Reality Top Gainer/ Loser BSE HUL Idea TTK Prestige RelianceCom MCX Essar Oil Canara Bank OBC Indian Over DLF Global Markets Shanghai Nikkei HangSeng FTSE CAC DAX DJIA NASDAQ Level 5944.00 19575.64 12393.60 6224.70 7897.10 10831.43 6577.18 8786.50 8706.80 1770.06 6808.27 1902.66 Level 612.60 70.45 228.80 419.35 138.60 330.10 683.65 1368.20 319.80 314.70 Level Asian 2,205.50 13,694.04 22,689.96
European

Change 72.55 288.92 -139.55 252.00 181.95 -16.85 460.73 149.65 15.03 37.56 -29.33 9.74 Change 107.80 11.35 29.00 50.65 16.55 -51.60 -79.05 -116.65 -26.10 -22.30 Change 27.59 -190.09 142.25 95.04 102.90

Change (%) 1.24 1.50 -1.11 4.22 2.36 -0.09 7.53 1.73 0.17 2.17 -0.43 0.51 Change (%) 21.35 19.20 14.51 13.74 13.56 -13.52 -10.36 -7.86 -7.55 -6.62 Change (%) 1.27 -1.37 0.63 1.48 2.70 3.94 1.78 3.03

Weekly Chart Nifty

Technical View: - On the daily chart of nifty we can see nifty has bounced back from its lower levels and has broken its Resistance of 5840. Currently nifty is trading above its 8 days, 13 days and 21 days EMA. Nifty may continue this bounce Back rally to the levels of 6150. Nifty has next resistance at 6200 and support at 5800.

Weekly Round up: Key benchmark indices edged higher in the week ended Friday, 3 May 2013 as firm global cues boosted sentiment. However, gains were capped after the Reserve Bank of India (RBI) after a monetary policy review on Friday, 3 May 2013 said that the balance of risks stemming from its assessment of the growth-inflation dynamic provides little space for further Monetary easing. The market gained in three out of four trading sessions in the week just gone by. In this week, S&P BSE Sensex gained 288.92 points or 1.5% to 19,575.64. The 50-unit CNX Nifty rose 72.55 points or 1.24% to 5,944. The BSE Mid-Cap index advanced 1.61% and the BSE SmallCap index rose 0.14%.

6,521.46 3,912.95

8,122.29 307.53 US 14,973.96 3,378.63 261.41 99.37

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Institutional Activities (Rs Cr) FIIs Monday Tuesday Wednesday Thursday Friday DIIs Monday Tuesday Wednesday Thursday Friday Buy 2855.40 3692.70 4608.10 2903.75 Buy 1014.58 1119.32 1115.58 886.12 Sold 2235.02 2815.77 3178.16 1949.80 Sold 1380.78 1466.49 2014.56 1678.9 Net 620.38 876.93 1429.94 953.95 Net -366.20 -347.17 -898.98 -792.78

Calls for the Week Stock on the Move: - L&T

Technical View: On the daily chart of L&T we can see stock has bounced back from its lower levels and has broken its resistance of 1543.Currently stock is trading above its 8 days, 13 days and 21 days EMA. Investor can buy L&T near 1530 with stop loss of 1495 for target price of 1580.

Highlights of the Week RBI cuts rate, but banks won't budge. Bharti sells 5% stake to Qatar fund for $1.26 bn. OMCs expect under-recovery to halve in FY14. NTPC crosses green hurdle for Rs 11,640-cr Gadarwara project. Arunachal projects of Jindal Power on track. Former Infosys BPO head joins Manipal Group. Petronet plans mini-terminal in Andaman & Nicobar. Titan net up 28.4%. HCC reports Rs 50-cr loss. JSW Energy net up 49%. Steel projects worth Rs 10,052 cr cleared. LG aims for the top slot in LED TV segment. NTPC plant gets coal supplies from Kaniha mines. HIL Q4 net up 29.5%. Borrowing to get costly with tight dynamic loan loss provisions. Reserve Bank declines to drop guard on inflation. RBI to hold OMO purchase of govt bonds on Tuesday. SBI to auction Gopinath's assets to recover dues. Draft wealth management norms to be issued by June-end. Sugar output likely to fall 3% this year. Scotts IPO withdrawn due to investor disinterest.

Derivative Trend
Call Put

2500.00 2000.00 1500.00 1000.00 500.00 0.00 1 -500.00 -1000.00 -1500.00

FII's Activity in F&O in previous Ten Sessions Rs cr.

9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000

10

2,000,000 1,000,000 0 5700 5800 5900 6000 6100 6200

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