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Indian Market Update: April 12, 2013

The key points from the document are: - Indian equity markets were up on the day with the Nifty up 0.52% and Sensex up 0.6% while European markets also rose. - Headlines included upcoming earnings reports from Infosys and news about companies like Tata Steel, Honda, Coal India and NTPC. - The market analysis noted the indices edged higher supported by Asian and European stocks with IT and banking stocks performing well while losses were seen in ONGC, Bharti Airtel and Tata Steel. - Technical indicators showed the Nifty and Bank Nifty as bearish in the near term. Stocks like IOB, TCS,

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0% found this document useful (0 votes)
12 views4 pages

Indian Market Update: April 12, 2013

The key points from the document are: - Indian equity markets were up on the day with the Nifty up 0.52% and Sensex up 0.6% while European markets also rose. - Headlines included upcoming earnings reports from Infosys and news about companies like Tata Steel, Honda, Coal India and NTPC. - The market analysis noted the indices edged higher supported by Asian and European stocks with IT and banking stocks performing well while losses were seen in ONGC, Bharti Airtel and Tata Steel. - Technical indicators showed the Nifty and Bank Nifty as bearish in the near term. Stocks like IOB, TCS,

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HEADLINES

-=6

Indian Market
Indian equity markets were up 0.69% Nifty up by 35.30 pts and settle at 5594.00 Sensex up by 127.75 pts at 18542.20 Bank Nifty up by 184.25 pts at 11306.40

DAILY EQUITY NEWSLETTER


12TH APRIL 2013

Global Market

European markets were up with FTSE up by 19.20 closed at 6406 ,CAC up by 17.01 closed at 3760 and DAX up 35.29 closed at 7845 Dow future was 14749.00 up by 16 closed at

HEADLINES
Infosys Q4 profit seen down 3% QoQ, sales likely up 4% Honda launches Amaze starting at Rs 4.99 lakh Tata Steel to merge two arms with itself, stock down Coal India, NTPC end year-old scuffle on coal pricing

[Link]

09752199966

MARKET ANALYSIS:
Key benchmark indices edged higher for the second day in a row as firmness in Asian and European stocks boosted sentiment. The barometer index, the S&P BSE Sensex, was provisionally up 110.48 points or 0.6%, up about 125 points from the day's low and off close to 75 points from the day's high. The market breadth was positive. Index heavyweight and cigarette maker ITC edged higher. Another index heavyweight Reliance Industries (RIL) edged lower in volatile trade. IT stocks edged higher ahead of IT major Infosys' Q4 results tomorrow, 12 April 2013. Bank and realty stocks also moved higher. The market was volatile. The market pared gains after a firm start triggered by higher Asian stocks. The market regained strength after paring initial gains to hit fresh intraday low in morning trade. The market retained positive zone in mid-morning trade. The Sensex continued to hover in positive zone in early afternoon trade. Key benchmark indices regained positive zone after slipping into the red in afternoon trade. The market extended intraday gains in mid-afternoon trade. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit one-week high. The market retained positive zone in late trade. The S&P BSE Sensex was up 110.48 points or 0.6% to 18,524.93. The CNX Nifty was up 28.85 points or 0.52% to 5,587.55, as per provisional figures.

FIIs and DIIs


CATEGORY DATE BUY SELL NET

STOCKS TO WATCH TATA STEEL IOB TCS WIPRO

FII DII

11-Apr-13 11-Apr-13

3395.11 659.02

3358.48 601.31

36.63 57.71

NIFTY DAILY PIVOTS


PIVOT NIFTY R4 5810 R3 5718 R2 5626 R1 5592 PP 5534 S1 5500 S2 5442 S3 5350 S4 5268

SCRIPS IN BAN PERIOD HDIL

[Link]

09752199966

GAINERS AND LOOSERS

EXPERT OPINION
NIFTY

DAILY NIFTY GAINERS


SCRIPS RATE VOL. (000) PR. CLOSE NET CHAN GE % CHANG E

Nifty looks Bearish Strategy: Sell on rise Support: 5550 Resistance: 5650
BANK NIFTY

DLF Tata Motors Indusind Bank Infosys ICICI Bank

246.80 278.15 401.20 2916.70 1040.20

12763.52 14081.20 2565.07 2127.33 5487.04

235.05 268.00 387.15 2815.65 1004.30

11.75 10.15 14.05 101.05 35.90

5.00 3.79

Bank Nifty looks Bearish Strategy: Sell on rise Support: 11200 Resistance: 11400 460

3.63 3.59 3.57

.0 PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT

DAILY NIFTY LOOSERS


SCRIPS RATE VOL. (000) PR. CLOSE NET CHAN GE % CHAN GE

CASH CASH FUTURE FUTURE

ONGC ANDHRA BANK ANDHRA BANK TATA MOTORS

B B B B

SL TRIGERRED SL TRIGERRED TGT HIT TGT HIT

HDFC Bharti Airtel Tata Steel Grasim Industries NTPC

763.6 275.2 298.5 2686.45 140.25

3921.03 4138.66 6354.2 55.71 4341.99

783.15 281.65 305.25 2741.9 142.8

-19.55 -6.45 -6.75 -55.45 -2.55

-2.5 -2.29 -2.21 -2.02 -1.79

[Link]

09752199966

MARKET CALLS
6
SCRIPS IOB OBC ACTION SELL SELL LEVEL 63.50 232.50

CASH
1ST TARGET 63.00 230.50 2ND TARGET 62.50 228.50 STOP LOSS 64.00 234.50

FUTURE
SCRIPS . TCS BUY 1538.00 1546.00 1554.00 1530.00 ACTION LEVEL 1
ST

TARGET

ND

TARGET

STOP LOSS

TECH MAHINDRA

BUY

1001.00

1009.00

1017.00

993.00

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