2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN FACE
INDIAN EQUITY BENCHMARK ended flat, amid a choppy trading session, as investors turned cautious ahead of the expiry of September derivative contracts while the Supreme Court's decision on coal blocks weighed on select metal and power stocks.
Further, Inox Leisure were up nearly 4% ahead of the board meet tomorrow to merge its wholly-owned subsidiary with itself.
Amtek to focus on non-auto biz like mining, oil & gas.
GLOBAL FACE
Asian stock market closed mixed while Europe is trading flat as concerns on global growth and unrest in Syria dominate sentiment.
European stocks were steady to lower in choppy trade as Tuesday's downbeat euro zone data continued to weigh and markets eyed an upcoming report on Germany's business climate.
U.S. stocks market coupled with fears conflicts in the Middle East could slow global recovery.
INDICES
CLOSE
PREVIOUS
SENSEX
26744.69
26775.69
NIFTY
8002.40
8017.55 ASIAN MARKET
INDICES
CLOSE
PREVIOUS
NIKKEI
16167.45
16205.90
HANG SENG
23921.61
23837.07
KOSPI
2035.64
2028.91 SECTORIAL INDICES
INDICES
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CHANGE (%)
CNX 100
7931.85
-0.22
S&P CNX 500
6437.25
-0.43
CNX MIDCAP
11397.85
-0.73
CNX 200
4072.15
-0.34
BANK NIFTY
15740.30
-1.02 TOP GAINERS
SCRIPT
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CHANGE (%)
COAL INDIA
351.50
4.88
CIPLA
602.90
3.18
HUL
764.70
3.05
DLF
160.20
3.02 TOP LOSERS
SCRIPT
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CHANGE (%)
JINDAL STEEL
188.55
-10.60
PNB
921.00
-4.67
SBIN
2476.00
-3.14
TATA STEEL
470.95
-3.02
3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
7814
7906
7954
7998
8046
8090
8182 NIFTY SUPPORT RESISTANCE
S1-7950
R1-8050
S2-7925
R2-8070 BANK NIFTY FUTURE TREND STRATEGY
BULLISH
BUY ON DIPS PIVOT POINTS
S3
S2
S1
P
R1
R2
R3
15130
15457
15600
15783
15926
16109
16435 BANK NIFTY SUPPORT RESISTANCE
S1-15640
R1-15965
S2-15500
R2-16230
SCRIPT
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CHANGE (%)
ONGC
413.70
1.57
ITC
377.20
1.73
COAL INDIA
351.35
4.83
INFY
3644.80
1.05 MARKET MOVERS DOWNSIDE
SCRIPT
CLOSE
CHANGE (%)
TCS
2643.00
[1.68]
RELIANCE
965.05
[0.08]
SBI
2486.35
[2.73]
ICICI BANK
1516.40
[1.44] FII & DII ACTIVITY
INSTITUTION
NET BUY (CR.)
NET SELL (CR)
FII
5200.31
5007.75
DII
1858.96
1533.26 NSE TOTALS
INDICES
ADVANCES
DECLINES
NIFTY
22
27
BANK NIFTY
2
10
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
construction and delivery of 16 mobile substation containing 31.5MVA transformers from Iraq Government.
State Bank of India board approves stock split
State Bank of India (SBI) has approved sub division of its shares following stock split announcement from other leading lenders like ICICI Bank, Punjab National Bank and Axis Bank.The board of directors of the bank, in a meeting on September 24, decided to reduce the face value of equity shares of the bank from Rs 10 per share to Re 1 per share and to increase the number of issued shares in proportion thereof.
Dr Reddys announces the launch Levalbuterol Inhalation Solution
Dr Reddy's Laboratories announced today that it has launch Levalbuterol Inhalation Solution, USP 0.31 mg/3 mL, 0.63 mg/3 mL, 1.25 mg/ 3 mL Unit-Dose Vials, a therapeutic equivalent generic version of XOPENEX (levalbuterol hydrochloride) inhalation solution in the US market on September 23, 2014, approved by the United States Food & Drug Administration.
SC cancels some coal blocks allocated since 1993
The Supreme Court, in a landmark judgment today, said that all coal blocks were cancelled except four government-run non-joint venture allotments. The apex court in an order today cancelled 214 allocated coal mines out of 218. The ruling sent shares of Jindal Steel and Power Ltd , Hindalco Industries and Tata Power sharply lower.
Titan board to spin off Precision Engineering Division
Titan Company Ltd has announced that the Board of Directors of the Company at its meeting held on September 23, 2014, has taken an in-principle decision to spin off the Precision Engineering Division of the Company as a wholly owned subsidiary, subject to applicable approvals.
Crompton Greaves bags Rs150 crore contract from Iraq
Crompton Greaves awarded $25mn contract for design,
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