HEADLINES
Indian Market
Indian equity markets down by 0.92%.
Nifty down by 52.45 pts and settle at 5652.00
Sensex down by 162.26 pts at 18631.10.
Bank Nifty down by 154.60 pts at 11291.50
Global Market
European markets were down with FTSE down by 23.67 pts at 5786.06 ,CAC down by 7.11 pts at 3375.67 and DAX down by 18.26 pts at 7216.27
Dow future down by 21.00 pts at
13391.00
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DAILY EQUITY NEWSLETTER
11TH OCTOBER 2012
HEADLINES
• L&T Finance acquires Indo Pacific
Housing for Rs 110 cr
• Govt's divestment target is achievable:
DSP ML
• Domestic car sales down 5%, bikes dip
19% in Sept
• Inflation likely hit 2012 high in Sept on
high fuel prices
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 10-Oct-12 2079.28 1671.68 407.6
DII 10-Oct-12 733.42 1129.78 -396.36
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 5778 5739 5700 5676 5661 5637 5622 5583 5544
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MARKET ANALYSIS:
Key benchmark indices extended losses in late trade, with investor sentiment hit adversely after a
statement from global credit rating agency Standard & Poor's (S&P) that India still faced a one-in-three
chance of a credit rating downgrade to junk status within the next 24 months despite a new drive for
economic reform that was launched in September 2012.
The BSE Sensex was down 172.82 points or 0.92% to 18,620.54. The index lost 178.99 points at the
day's low of 18,614.37 in late trade.
The S&P CNX Nifty was down points or 0.97% to 5,649.35.
From the 30-share Sensex pack, 26 stocks declined while only four of them gained.
Index heavyweight Reliance Industries (RIL) rose 0.2% to Rs 817.05. India's second largest private
sector bank by net profit HDFC Bank fell 1.27%India's largest bank by branch network State Bank of
India (SBI) dropped 2.43%.IT stocks fell on euro zone debt worries. Europe is the second biggest IT
outsourcing market after the US. Infosys (down 1.77%), TCS (down 0.40%) and Wipro (down 1.46%),
edged lower.
STOCKS TO WATCH
APTECH
DLF
JP ASSOCIATE
FINANCE TECH
SCRIPS IN BAN PERIOD
WELCORP
SUZLON
HDIL
MCDOWELL-N
-
www.epicresearch.co 09752199966
.
EXPERT OPINION
NIFTY
Nifty looks downwards
Strategy: Sell on rise
Support:5610
Resistance: 5690
BANK NIFTY
Bank Nifty looks downwards
Strategy: Sell on rise
Support:11220
Resistance:11360
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH APOLLO
TYRE S
TGT ACHIEVED
CASH UNITED
BREWERIES B
NOT EXECUTED
FUTURE VOLTAS B NOT EXECUTED
FUTURE BHARTI AIRTEL
S TGT ACHIEVED
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
JP Associate
87.40 25726.15 85.30 2.10 2.46
HCL Tech
565.30 1087.92 560.75 4.55 0.81
PNB 797.05 1063.62 792.10 4.95 0.62
Hero MotoCo
1814.35 276.60 1803.40 10.95 0.61
ITC 281.00 3997.69 280.05 0.95 0.34
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHA
NGE
DLF 213.10 12994.74 224.20 -11.10 -4.95
Siemens 683.35 685.30 713.40 -30.05 -4.21
IDFC 151.30 6431.62 156.15 -4.85 -3.11
Reliance Infra
504.70 2186.11 519.25 -14.55 -2.80
SBI 2223.55 2184.10 2282.55 -59.00 -2.58
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
APTECH SELL 72.30 71.65 70.85 73.05
JP ASSOCIATE BUY 88.00 88.70 89.50 87.30
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
DLF SELL 214.25 213.25 211.75 215.25
FINANCE TECH BUY 1020.00 1024.00 1030.00 1016.00
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