CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

DAILY EQUITY REPORT

24TH february 2015

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

INDIAN MARKET

INDIAN FACE

INDICES

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PREVIOUS

SENSEX

28975.11

29231.41

NIFTY

8754.95

8833.60

INDIAN EQUITY BENCHMARK kicked off the week ahead of

the Budget session on a sluggish note, amid a choppy trading

ASIAN MARKET

session, on sustained selling in energy and select banking

INDICES

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NIKKEI

18,466.92

18332.30

HANG SENG

24,836.76

24,832.08

KOSPI

1,968.39

1,961.45

shares.

BEML rose 1%, after company said a high level delegation led
by the defence minister of Czech Republic Mr. Martin Strop
nicky visited the Bangalore complex of BEML on February 20,

SECTORIAL INDICES

2015.

INDICES

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CHANGE (%)

CNX 100

8,749.15

-0.87

S&P CNX 500

7147.55

-0.86

Grid has successfully refinanced East North Interconnection

CNX MIDCAP

13,070.95

-0.98

Company project loan with significantly favorable terms as

CNX 200

4,521.80

-0.88

compared to the earlier debt.

BANK NIFTY

18913.40

-0.84

Sterlite Technologies rose 0.75% after its subsidiary, Sterlite

TOP GAINERS
SCRIPT

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CHANGE (%)

POWER GRID

156.00

1.79

KOTAK BNK

1316.00

1.37

M&M

1265.00

1.04

TCS

2700.00

0.91

TOP LOSERS

GLOBAL FACE

Asian shares started the week on a cautious note as a Greek

debt deal struck last week remained in the balance until
Athens drew up a list of reforms to satisfy its creditors.

European shares recent gains with Germany's DAX hitting an

all-time high as investor appetite for riskier assets improved

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CHANGE (%)

ZEEL

342.75

-4.47

NMDC

137.05

-3.79

JINDALSTEL

187.70

-3.37

DLF

146.40

-3.27

after euro zone negotiators agreed to extend Greece's financial

rescue package.

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

Street on Monday.

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

MARKET MOVERS UPSIDE

NIFTY SPOT

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TCS

2696.65

CHANGE
(%)
0.79

COAL INDIA

384.20

0.38

S3

S2

S1

0.56

8520

8653

8704

L&T
NTPC

1687.00
146.05

0.27

TREND

STRATEGY

BULLISH

BUY ON DIPS
PIVOT POINTS
P
R1

8786

8837

SUPPORT
S1-8695
S2-8615

NIFTY

R2

R3

8919

9052

RESISTANCE
R1-8835
R2-8895

MARKET MOVERS DOWNSIDE

SCRIPT

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ITC

390.25

CHANGE
(%)
[1.46]

ONGC

324.85

[1.77]

RELIANCE

851.45

[2.48]

HDCF BNK

1067.50

[0.52]

FII & DII ACTIVITY

INSTITUTION

NET BUY
(CR.)

NET SELL
(CR)

FII

4709.67

4107.76

DII

1521.89

1685.68

BANK NIFTY FUTURE

TREND
BULLISH
PIVOT POINTS
S3

NSE TOTALS

18143

INDICES

ADVANCES

DECLINES

NIFTY

41

BANK NIFTY

10

STRATEGY
BUY ON DIPS

S2

S1

R1

18560

18702

18977

19119

BANK NIFTY

SUPPORT
S1-18800
S2-18565

R2

R3

19394

19811

RESISTANCE
R1-19285
R2-19415

CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.

Daily Equity Report

r

MARKET TALKS

After the company said it has secured an export order worth

RBI eases regulations for NBFCs

Rs732 crore of designer range of gold and diamond studded

jewellery and medallions from A1 Malek Jewellery, UAE.

RBI has eased lending regulations for NBFCs by removing investor

limits and the need for collateral guarantees on standard debt
transactions.Henceforth the NBFCs would henceforth be able to

conduct non-convertible transactions valued at Rs10 million or more

Ultratech wins Bicharpur coal block

in Madhya Pradesh

unsecured, and such issuance would no longer be limited to 200

investors.This is positive for NBFCs like Bajaj Finance, LIC Housing,

Ultratech won underground coal block in Madhya Pradesh with

Shriram transport, Mahindra Finance etc.

total reserve of 29.12 million tonne. The coal block although

beneficial considering rise in price of coal over the long term will

only contribute minimally (0.75MTPA) considering the companys

JBM Auto to invest Rs100 crore for

capacity expansion

annual coal requirement (over 8.5 MT). Hence it would not have
significant impact on cement cost of production.

JBM Auto to invest Rs100 crore for capacity expansion in Tamil Nadu
- positive for JBM Auto.The proposed investment would take up the
capacity from 75,000 components to 100,000 a day. The products

Lanco approaches lenders

reschedule Rs1000 crore debt

to

manufactured in these facilities include chassis and suspension

Lanco Group has approached lenders to reschedule Rs1,000

Rajesh Exports secures Rs732 cr

export order; stk gains

crore debt of two of its gas-based power plants in Andhra

Pradesh till January 2018.The company has also sought similar
reprieve from lenders for some of its power plants under Reserve

Shares of Rajesh Exports rose over 7%, touching to Rs181.25,

Bank of India's 5/25 formula.

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