-=6 HEADLINES
Indian Market
Indian equity markets up by 0.11%
Nifty up by 6.65 pts and settle at 6016.15
Sensex up by 19.30 pts at 19784.08
Bank Nifty up by 9.20 pts at 12787.35
Global Market
European markets were down with FTSE down by 4.00 closed at 6043,CAC down by 20.72 closed at 3700 and DAX down by 19.31 closed at 7737.
Dow future was down 7.00 closed at
13312.00
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DAILY EQUITY NEWSLETTER
7TH JANUARY 2013
HEADLINES
• Producing fields: OilMin allows RIL,
Cairn to explore more
• ONGC Videsh to close $900m foreign
bond issue in Jan: Sources
• Demerger process close to completion:
Orient Papers
• Hindustan Copper net profit down 21%
during Apr-Nov
FII’s and DII’s
CATEGORY DATE BUY SELL NET
FII 4-Jan-13 3187.89 2023.48 1164.41
DII 4-Jan-13 1148.55 1973.95 -825.4
NIFTY DAILY PIVOTS
PIVOT R4 R3 R2 R1 PP S1 S2 S3 S4
NIFTY 6122 6083 6044 6030 6005 5991 5966 5927 5888
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MARKET ANALYSIS:
Key benchmark indices extended gains for fourth day to settle at almost two year high after a survey
showed that India's services sector grew at its strongest pace in three months during December 2012
The BSE Sensex was up 19.30 points or 0.1% to 19,784.08, its highest closing since 6 January 2011.
The S&P CNX Nifty was up 6.65 points or 0.11% to 6,016.15, its highest closing since 6 January 2011.
Among the 30-share Sensex pack, 15 rose while the rest of them declined.
Shares of upstream oil companies rose as a committee set up under the chairmanship of Dr. C.
Rangarajan, Chairman, Economic Advisory Council to the Prime Minister to look into the Production
Sharing Contract Mechanism in petroleum industry, has suggested major changes in the current
Production Sharing Contract Mechanism and changes in gas pricing. ONGC gained 1.43% to Rs
283.75. Oil India advanced 2.12% to Rs 481. Shares of state-run gas transmission major GAIL (India)
rose 2.01% to Rs 370.95PSU OMCs jumped. HPCL (up 5.55%), BPCL (up 1.65%) and Indian Oil
Corporation (up 3.65%) edged higher. IT pivotals rose as US lawmakers early this week reached a last-
minute deal to avert the fiscal cliff. US is the biggest outsourcing market for the Indian IT firms. HCL
Technologies rose 1.3%.
STOCKS TO WATCH
TATA GLOBAL
ADANI
ALLAHABAD BANK
CANARA BANK
SCRIPS IN BAN PERIOD
SUZLON
09752199966
.
EXPERT OPINION
NIFTY
Nifty looks Consolidate
Strategy: Buy on dips
Support: 5980
Resistance: 6070
BANK NIFTY
Bank Nifty looks Consolidate
Strategy: Buy on dips
Support: 12710
Resistance: 12850
.0
GAINERS AND LOOSERS
PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT
CASH BHARTI AIRTEL
B TGT
ACHIEVED
CASH ICICI BANK S SL TRIGGERED
FUTURE ALLAHBAD
BANK B
TGT ACHIEVED
FUTURE ADANI
ENTERPRISES S
TGT ACHIEVED
DAILY NIFTY GAINERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHANG
E
Cairn India
337.15 4097.37 327.50 9.65 2.95
GAIL India
371.15 1860.96 363.35 7.80 2.15
BPCL 374.00 1781.91 366.25 7.75 2.12
ONGC 284.80 7743.32 279.80 5.00 1.79
BHEL 242.80 3202.64 238.80 4.00 1.68
DAILY NIFTY LOOSERS
SCRIPS RATE VOL.
(000)
PR.
CLOSE
NET
CHAN
GE
%
CHAN
GE
Tata Steel
433.50 3643.15 442.30 -8.80 -1.99
Jindal Steel & Power
457.80 2923.52 466.35 -8.55 -1.83
Hindalco 132.55 5796.72 134.40 -1.85 -1.38
Sesa Goa 201.70 1375.19 204.40 -2.70 -1.32
HDFC 837.70 2042.94 845.50 -7.80 -0.92
.
MARKET CALLS
CASH
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ALLAHABAD BANK BUY 184.50 185.50 186.50 183.50
TATA GLOBAL SELL 165.20 164.20 163.20 166.20
FUTURE
SCRIPS ACTION LEVEL 1ST
TARGET 2ND
TARGET STOP LOSS
ADANI ENTERPRISES SELL 278.20 276.20 274.20 280.20
CANARA BANK BUY 530.50 534.50 538.50 528.50
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