Equity Analysis - Weekly
Equity Analysis - Weekly
Equity Analysis - Weekly
21-Jan-2013
Weekly Newsletter
Contents
Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future
MARKET WRAP
Nifty and Sensex were closed green; gained 1.90%, 1.91% resp. this week. Retail Sales m/m 0.5% and US Unemployment Claim at 335K. US & Euro markets were green; Asian markets were mixed last week.
Indian equity markets benchmark ended High on Friday; on this week the Sensex and
Nifty were green, Major indices which were up such like IT Index (up 2.5%), Oil & Gas Index (up 8.9%),Realty Sector (up 7.7%) and Top gainers are ONGC (up 15.5%), DLF (up 14%), NTPC Ltd (up 7.7%), Bharti Airtel (up 7.3%) and Reliance Inds (up 7.2%), Sobha Developers (up 8.3%).Technically Nifty may expected to up from this point or a short term range bound movement this week; Nifty this week may range 6230-5650.
This week, main indices advanced led by gains in oil companies following a partial
decontrol of diesel pricing. Indian shares rose on Friday, led by gains in state-owned oil and gas companies such as ONGC, which surged for a second consecutive session after the govt.s diesel price hike was seen reducing their subsidy burden. Also govt. raised railway fare which will be effective from 21st Jan. The annual rate of inflation, based on monthly WPI, stood at 7.18% for the month of December, 2012.
The S&P 500 has Positive this weeks it was a hair below its five-year closing high on
Thursday but was still poised to eke out a weekly increase of 1.33 percent. The major indices showed this week a bullish trend, with the Dow jones up nearly by 1.60 percent, and the Nasdaq Composite Index gained 1.07 percent to end at 3,134.71. The Indian rupee strengthened to its highest level in two-and-a-half months on Friday The rupee is trading at 53.92/93, close to the day's high of 53.85, its highest since November 2 and higher compared to its previous close of 54.3850/3950.
MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME DPSC Ranklin Solutions Sandesh Indian Oil Corp. Excel Infoways CURRENT 28.45 8.50 354.85 349.30 30.00 PREV. CLOSE(RS) 19.30 6.10 275.85 284.75 24.95 CANG.(RS) 9.15 2.40 79.00 64.55 5.05 CHAG.(%) 47.41 39.34 28.64 22.67 20.24
NSE LOSERS
COMPANY NAME IOL Netcom Arshiya Internatl. Tulip Telecom Hotel Rugby Ashco Niulab Inds CURRENT 2.70 48.80 23.65 16.65 0.55 PREV. CLOSE(RS) 4.50 70.15 30.40 21.40 0.70 CANG.(RS) -1.80 -21.35 -6.75 -4.75 -0.15 CHAG.(%) -40.00 -30.43 -22.20 -22.20 -21.43
VOLUME TOPPERS
COMPANY NAME Unitech ONGC Suzlon Energy JP Associate NHPC CURRENT 38.80 337.70 19.00 89.90 26.05 PREV. CLOSE(RS) 38.85 314.45 19.40 91.55 25.55 CHAG.(%) -0.13 7.39 -2.06 -1.80 1.96
Volume in (000s)
38533.12 23739.13 18395.45 17975.15 17120.40
SECTORIAL INDICES
Indices
Hang Seng Jakarta Composite Nikkei 225 KLSE Composite Seoul Composite Strait Times FTSE 100 Nasdaq DJIA S&P 500
Country
Hong Kong Indonesia Japan Malaysia South Korea Singapore United Kingdom United States United States United States
Date
21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013 21-Jan-2013
Index
23,601.78 4,465.48 10,913.30 1681.09 1974.27 3,211.22 6,154.41 3,134.71 13,649.70 1,485.98
Net Change
270.69 55.46 225.19 -11.56 -45.14 -14.00 64.57 33.05 214.49 19.51
Change (%)
1.16 1.26 2.11 -0.68 -2.24 -0.43 1.06 1.07 1.60 1.33
VALUE
6064.40 12712.80 20039.04
CHANGE
113.10 62.80 375.40
% CHANGE
1.90 0.50 1.91
TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 6399 R3 6278 R2 6157 R1 6111 P 6036 S1 5990 S2 5915 S3 5794 S4 5673
OUTLOOK
Trend: -Consolidate Resistance: - 6180, 6280 Support: -5930, 5800 Strategy: - Buy On Dips
NIFTY WEEKLY
OUTLOOK
Trend:- Consolidate Resistance: - 13120, 13550 Support: - 12450, 12000 Strategy: - Buy On Dips BANK NIFTY WEEKLY
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