daily equity-report by epic research 29 april 2013

4
HEADLINES Indian Market Indian equity markets were down 0.76% Nifty down by 44.85 pts and settle at 5871.45 Sensex up by 120.13 pts at 19286.72 Bank Nifty up by 193.70 pts at 12533.15 Global Market European markets were up with FTSE up by 34.88 closed at 6407 ,CAC down by 37.09 closed at 3803 and DAX down 29.07 closed at 7803 Dow future was down by 33 closed at 14620.00 WWW.EPICRESEARCH.CO 09752199966 DAILY EQUITY NEWSLETTER 29 TH APRIL 2013 HEADLINES Biocon Q4 net jumps on exceptional gains; EBITDA down 21% FY13 indirect tax exceeds revised estimate target RBS sells 4.62% stake in SKS Microfinance for Rs 63 cr Hero MotoCorp Q4 net profit down 5% to Rs 574.3 cr

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Page 1: Daily equity-report by epic research 29 april 2013

-=6 HEADLINES

Indian Market

Indian equity markets were down 0.76%

Nifty down by 44.85 pts and settle at 5871.45

Sensex up by 120.13 pts at 19286.72

Bank Nifty up by 193.70 pts at 12533.15

Global Market

European markets were up with FTSE up by 34.88 closed at 6407 ,CAC down by 37.09 closed at 3803 and DAX down 29.07 closed at 7803

Dow future was down by 33 closed at

14620.00

WWW.EPICRESEARCH.CO 09752199966

DAILY EQUITY NEWSLETTER

29TH APRIL 2013

HEADLINES

• Biocon Q4 net jumps on exceptional

gains; EBITDA down 21%

• FY13 indirect tax exceeds revised

estimate target

• RBS sells 4.62% stake in SKS

Microfinance for Rs 63 cr

• Hero MotoCorp Q4 net profit down 5% to

Rs 574.3 cr

Page 2: Daily equity-report by epic research 29 april 2013

FII’s and DII’s

CATEGORY DATE BUY SELL NET

FII 25-Apr-13 6226.62 4776.92 1449.7

DII 25-Apr-13 1054.58 2324.01 -1269.43

NIFTY DAILY PIVOTS

PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4

NIFTY 6020 5973 5926 5898 5879 5851 5832 5785 5738

WWW.EPICRESEARCH.CO 09752199966

MARKET ANALYSIS:

Key benchmark indices snapped four day winning streak as weakness in European stocks hit investor

sentiment adversely. The barometer index, the S&P BSE Sensex, was provisionally down 123.50

points or 0.64%, up close to 35 points from the day's low and off about 100 points from the day's high.

The market breadth, indicating the overall health of the market, was negative. Index heavyweight

Reliance Industries (RIL) dropped. Index heavyweight and cigarette major ITC was marginally lower.

ICICI Bank dropped on profit taking after the bank reported good Q4 results. Idea Cellular surged to hit

52-week high after strong Q4 results. Maruti Suzuki India jumped after the car major reported strong

Q4 March results. LIC Housing Finance jumped on strong Q4 results

The market edged lower in early trade. The Sensex hovered in negative terrain in morning trade. The

market trimmed losses after hitting fresh intraday low in mid-morning trade. The Sensex continued to

hover in negative terrain in early afternoon trade. Key benchmark indices hovered in red in afternoon

trade. The Sensex weakened once again after paring intraday losses in mid-afternoon trade. The market

trimmed losses after hitting fresh intraday low in late trade.

S&P BSE Sensex was down 123.50 points or 0.64% to 19,283.35.

The CNX Nifty was down 43.90 points or 0.74% to 5,872.40.

Among the 30-share Sensex pack, 19 stocks declined while rest of them rose.

STOCKS TO WATCH

TCS

INFOSYS

MARUTI

LIC

SCRIPS IN BAN PERIOD

Page 3: Daily equity-report by epic research 29 april 2013

WWW.EPICRESEARCH.CO 09752199966

.

EXPERT OPINION

NIFTY

Nifty looks Bearish

Strategy: Sell on rise

Support: 5820

Resistance: 5910

BANK NIFTY

Bank Nifty looks Bearish

Strategy: Sell on rise

Support: 12480

Resistance: 12600

460

.0

GAINERS AND LOOSERS

PREVIOUS PERFORMANCE

TYPE SCRIP B/S RESULT

CASH IDFC B NOT

EXECUTED

CASH AURO

PHARMA B TGT HIT

FUTURE WIPRO S TGT HIT

FUTURE HEXAWARE S SL TRIGERRED

DAILY NIFTY GAINERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHANG

E

Maruti Suzuki

1673.15 3505.61 1590.95 82.20 5.17

Bharti Airtel

318.45 7094.56 303.85 14.60 4.81

Bajaj Auto

1895.70 333.11 1838.00 57.70 3.14

GAIL India

351.05 1707.16 344.40 6.65 1.93

L & T 1540.85 1247.08 1519.25 21.60 1.42

DAILY NIFTY LOOSERS

SCRIPS RATE VOL.

(000)

PR.

CLOSE

NET

CHAN

GE

%

CHAN

GE

HCL Tech. 684.25 3664.82 719.05 -34.80 -4.84

Jindal Steel

314.95 6405.62 329.20 -14.25 -4.33

Reliance Industries

792.40 4766.43 819.65 -27.25 -3.32

JP Associate

75.00 19781.28 77.45 -2.45 -3.16

Hindustan Unilever

465.05 2239.63 478.65 -13.60 -2.84

Page 4: Daily equity-report by epic research 29 april 2013

6

.

MARKET CALLS

CASH

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

MPHASIS BUY 377.00 379.00 381.00 375.00

TATA MOTORS BUY 297.00 299.00 301.00 295.00

FUTURE

SCRIPS ACTION LEVEL 1ST

TARGET 2ND

TARGET STOP LOSS

TATA STEEL SELL 305.50 303.50 301.50 307.50

WIPRO SELL 330.00 328.00 326.00 324.00

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