equity reports for the week(27th september - 1st october '10)

Download Equity Reports for the Week(27th September - 1st October '10)

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  • 8/8/2019 Equity Reports for the Week(27th September - 1st October '10)

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    W E E K L Y

    STOCKS

    REPORT

    www.capitalvia.com

    27th Sep 2010 to 02nd Oct 2010

    R E S EA R C H

    St rong Moment um Cont inues - Sensex Surpasses the 20 K!

    20,000

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    R E S E A R C H

    WEEKLYS

    TOCKSREPORT

    WEEKLYS

    TOCKSREPORT

    www.capitalvia.com | 2

    The bull run in the markets continued despite encountering prof it booking in previous two days, mainly due to FIIs remaining net buyers. The equitybenchmarks closed the week above their psychologically important levelsthe Sensex above 20,000 mark and Nift y above 6000 mark.

    Foreign institut ional investors (FIIs) have been leading the markets since June 2010 taking the indices to their 32-month highs.

    Foreign institut ional investors (FIIs) are in a buying spree in India. FII inflow in September 2010, totaled Rs 17,499.43 crore (ti ll 23 September 2010).FIIs had bought equities worth Rs 11,687.50 crore in August 2010. FII inflow in the calendar year 2010, totaled Rs 36994.53 crore (till 23 September2010).

    The Nifty September futures, which will expire in next week, ended at 11.75 point s premium and October futures at 26.7 points premium. For theweek, Sensex and Nifty rallied 2.3% each.

    WEEK WRAP

    Asian stocks touched one-month highs on Monday and European bourses extended last week's rally, as investors bet a recent run of better-than-expected economic data meant the world was not going t o slide back into recession.

    Japan was Asia's best performer, with the Nikkei climbing 2.1 percent and the broader Topix rising 1.8 percent. Traders said buying had gainedmomentum after the Nikkei broke above its 25-day moving average.

    Hong Kong shares closed at their highest level in f ive months on Friday as property plays extended their recent strong run and new issues posted solidfirst-day gains.

    The rally in Hong Kong developers lifted the benchmark Hang Seng index by 0.3 percent to its fourth successive weekly gain. For the week, the indexadvanced 0.7 percent. The benchmark has surged nearly 8 percent this month, but analysts believe further upside may be limited in the short term,noting it is now in overbought t erritory with its relative strength index (RSI) at 73.

    ASIAN & EMERGING MARKET

    U.S. stocks notched their fourth week of gains on Friday as investors used a rise in business spending to revive the September rally after three days of

    losses. Economic data gave a mixed picture, but traders latched on to a rise in August business spending as the latest sign the recovery is on firmer

    ground. That seemed to trump a lackluster report on new home sales in August.

    For September, which is historically a weak month, the S&P 500 is up 9.5 percent. Investors said the need for money managers to boost quarter-end

    performance bolstered buying.

    Gold hit an all-time high above $1,300 an ounce as the dollar slid on ant icipation that the Federal Reserve would give a clearer signal soon to f inancial

    markets speculating it would buy more government debt to help t he ailing U.S. economy.

    Crude oil's front-month contract in New York settled up 1.7 percent on the day at $76.49 a barrel. For the week, it was up almost 4 percent, its best

    showing since July 25.

    The dollar hit a five-month low against t he euro and a three-week rally in global shares slowed after the Federal Reserve opened the door to moremonetary easing, signaling t he depth of its concern over weak growth.

    US MARKET

    27th Sep to 02nd Oct 2010

    Indian bond yields hit six-week lows on Friday, as market sentiment was boosted by the government's decision to trim its October-March marketborrowing and raise the foreign investment cap on debt.

    The Indian rupee posted its best weekly gain in three months on Friday and rose to a four-month peak, boosted by robust f oreign capital inf lows intoAsia's third-largest economy on the back of strong grow th prospects.

    Foreigners have moved $4.5 billion into Indian shares this month, taking net investment so far in 2010 to $17.4 billion and helping the index gain14.8 percent.

    MICRO ECONOMIC FRONT

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    R E S E A R C H

    WEEKLYS

    TOCKSREPORT

    WEEKLYS

    TOCKSREPORT

    www.capitalvia.com | 3

    Weekly Open

    Weekly Low

    Weekly High

    Weekly Close

    Weekly Chg%

    Weekly Chg Points

    NIFTY Propert ies

    20045.18

    Close

    5885.05

    Shanghai Comp. 2591.55

    DOW Jones 10860.26

    5598.50

    9471.67

    3782.48

    WorldIndices

    Sensex

    Nifty

    FTSE

    Nikkei

    CAC 40

    World Indices

    BANK NIFTY

    CNX NIFTY JUNIOR

    S&P CNX 500

    12545.90

    12109.05

    12773.25

    12340.00

    CN XIT

    4894.85 4963.85

    6488.20 6617.10

    CNX MIDCAP

    CNX 100

    9193.40 9291.35

    5861.85 5992.05

    Sector ial Indices

    Indices Open

    Nifty

    5885.05

    6037.40

    5885.05

    6018.30

    +2.26%

    +133.25

    Values

    Weekly ChgPoints

    +450.43

    +133.25

    -7.14

    +252.41

    +90

    -154.42

    +60.46

    % CHG

    +2.29%

    +2.26%

    -027%

    2.23%

    +1.63%

    -1.60%

    +1.62%

    12506.60

    12067.40

    12691.30

    12263.55

    4871.80 4934.20

    6488.20 6634.70

    9076.45 9229.60

    5861.85 5973.90

    High Low Close

    www.capitalvia.com | 3

    27th Sep to 02nd Oct 2010

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    R E S E A R C H

    WEEKLYS

    TOCKSREPORT

    WEEKLYS

    TOCKSREPORT

    www.capitalvia.com | 4

    Arrow Web

    Alpha Geo

    76.90 45.23

    215.25 33.48

    Nahar Poly 48.90 31.09

    D-link India 50.25 34.53

    Texmo Pipes 69.55

    52.95

    161.25

    37.30

    37.35

    52.85 31.59

    Gainers

    Pearlpolymer

    Gallantt Met

    Aml Steel

    32.15

    20.80

    37.90

    Natl Oxygen 62.65

    Ptl Enterpri 41.55

    39.75

    26.40

    46.45

    75.95

    50.20

    -19.11

    -21.21

    -18.40

    -17.51

    -17.23

    Losers

    24-Sep-2010 3043.60

    23-Sep-2010 4630.30

    2460.90

    3124.90

    582.60

    1505.40

    22-Sep-2010 6431.90

    21-Sep-2010 4547.50

    3119.30

    2668.90

    3312.60

    1878.60

    FIIs Investments

    23-Sep-2010

    22-Sep-2010

    21-Sep-2010

    20-Sep-2010

    395.90

    510.30

    555.20

    549.10

    673.90

    960.20

    1,306.00

    757.90

    -278.00

    -449.90

    -750.80

    -208.80

    Scrip Current Close Change Chg %

    Scrip Current Close Change Chg %

    Indices Buy Value Sell Value Net Value

    DIIs Investments

    Indices Buy Value Sell Value Net Value

    20-Sep-2010 5386.90 3671.10 1715.80

    27th Sep to 02nd Oct 2010

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    R E S E A R C H

    WEEKLYS

    TOCKSREPORT

    WEEKLYS

    TOCKSREPORT

    www.capitalvia.com | 5

    Figure: 1 Nifty Weekly

    Week Ahead - Spot Nifty

    NIFTY FUTURE IS GETTING GOOD BUYING SUPPORT AT THE LOWER LEVELS AND LOOKING TECHNICALLY STRONG FOR

    MORE FRESH UPMOVES. THE NEXT TECHNICAL RESISTANCE FOR NIFTY FUTURE SEEMS CLOSE TO THE LEVEL OF 6050.

    DECISIVE CLSOING ABOVE THIS RESISTANCE ZONE MAY TAKE UP NIFTY FUTURE FOR THE LEVELS OF 6100, 1650 IN

    NEAR RUN. THE IMMIDIAT SUPPORT FOR NIFTY FUTURE SEEMS CLOSE TO THE LEVELS OF 5935 TO 5945. DECISIVE

    CLOSING BELOW THIS SUPPORT ZONE MAY SLIP IT TILL THE LOWER LEVELS OF 5895 TO 5900 IN NEAR RUN. FOR INTRA

    DAY WE RECOMMEND LONG POSITION IN NIFTY FUTURE ABOVE 6050 FOR THE TARGETS OF 6100, 6150 WITH THE

    INTRA DAY SL AROUND 5995.

    Technicals

    5969 5928 6062 6094Values

    Support 1 Support 2 Resistance 1 Resistance 2Properties

    27th Sep to 02nd Oct 2010

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    R E S E A R C H

    WEEKLYS

    TOCKSREPORT

    WEEKLYS

    TOCKSREPORT

    www.capitalvia.com | 6

    Figure: 1 Bank Nifty Weekly

    Week Ahead - Bank Nif ty

    BANK NIFTY FUTURE IS STILL MAINTAINING ABOVE 12000 FROM A WHILE. NOW TECHNICALLY LOOKING FOR MORE

    GAINS FROM HERE. THE NEXT TECHNICAL RESISTANCE FOR BANK NIFTY FUTURE SEEMS CLOSE TO THE ZONE OF

    12350 TO 12365. DECISIVE CLOSING ABOVE THIS RESISTANCE ZONE MAY TAKE UP IT TILL THE LEVEL OF 12500 IN

    NEAR RUN.THE IMMDIATE SUPPORT FOR BANK NIFTY FUTURE SEEMS CLOSE TO THE LEVELS OF 12080 TO 12090.

    DECISIVE CLOSING BELOW THIS SUPPORT ZONE MAY SLIP IT TILL THE LEVELS OF 11990, 11860 IN NEAR RUN

    Technicals

    12123 11984 12363 12464Values

    Support 1 Support 2 Resistance 1 Resistance 2Properties

    27th Sep to 02nd Oct 2010

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    R E S E A R C H

    WEEKLYS

    TOCKSREPORT

    WEEKLYS

    TOCKSREPORT

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    Symbol REIAGROLTD (NSE)

    STOCK

    OFTHEWEEK

    REI AGRO

    Company Name REI AGRO LIM ITED

    Change Rs. -0.05

    Volume 2791113

    52 Week High 64.25

    % From High -1.13%

    Day High 22.05

    % of DAV 71%

    EPS 1.85

    Price Rs.21.80

    BUY

    27th Sep to 02nd Oct 2010

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