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WEEKLY NEWS

SEBI asks SC to allow arrest of Sahara chief Subrata Roy


Securities and Exchange Board of India (SEBI) today appealed to Supreme Court for detention of Sahara Group chairman Subrata Roy after two companies of the group failed to comply with apex court's order to refund Rs 24,000 crore to its investors. CNBC-TV18's Payaswini Upadhyay reports. SEBI has also asked the Supreme Court to detain passport of Roy and other Sahara group director India to have 225 billionaires by 2022, says

report

WEEKLY EQUITY NEWSLETTER


18TH MARCH 2013

India, which is at the fifth spot in global ranking with 122 dollar-billionaires in 2012, is likely to see a whopping 84 percent growth in this number with 225 billionaires by 2022, real estate consultancy Knight Frank has said in a report.Asia's third-largest economy, with 122 dollarbillionaires last year, is expected to see an 84 percent rise in this number to 225 by 2022, according to the

MARKET UPDATE: Nifty down by 74 pts and settle at 5872.60 Bank Nifty down by 405 pts at 11816.55

firm's `Wealth Report 2013' released here today

Wipro's promoter entity sells shares worth Rs 3,269 cr


A promoter entity of Wipro Ltd today offloaded over seven crore shares of the IT company to two other promoters in transactions worth Rs 3269.57 crore.As per the block deal data available with the stock exchanges, Hasham Traders sold 7.43 crore shares of Azim Premji-led Wipro, which were purchased by two other promoter entities - Prazim Traders and Zash Traders.

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MARKET ANALYSIS

THE MARKET DECLINED LAST WEEK ON FEARS THAT THE RESERVE BANK OF INDIA (RBI) MAY NOT CUT INTEREST RATES AT ITS MID-QUARTER REVIEW OF MONETARY POLICY 2012-13 ON 19 MARCH 2013, AMID RISING RETAIL INFLATION. WEAKNESS IN GLOBAL MARKETS ALSO DENTED SENTIMENTS. MARKET FELL IN FOUR OUT OF FIVE TRADING SESSIONS. IN THE WEEK ENDED FRIDAY, 15 MARCH 2013, THE BSE SENSEX FELL 255.67 POINTS OR 1.30% TO 19,427.56. THE 50-UNIT CNX NIFTY FELL 73.10 POINTS OR 1.23% TO 5,872.60, ITS LOWEST CLOSING LEVEL SINCE 13 MARCH 2013. AMONG THE 30 SENSEX SHARES, 21 DECLINED AND THE REMAINING ROSE. MOTORCYCLE MAKER BAJAJ AUTO WAS THE TOP LOSER IN THE SENSEX PACK LAST WEEK. THE STOCK FELL 7.95% TO RS 1852.50. THE COMPANY ON 4 MARCH 2013 SAID ITS TOTAL SALES FELL 3% TO 3.32 LAKH UNITS IN FEBRUARY 2013 OVER FEBRUARY 2012. MOTORCYCLES SALES FELL 4% TO 2.91 LAKH UNITS FEBRUARY 2013 OVER FEBRUARY 2012. SALES OF THREE WHEELERS DECLINED 2% TO 41,090 UNITS IN FEBRUARY 2013 OVER FEBRUARY 2012. HERO MOTOCORP FELL 3.55% TO RS 1,681. THE COMPANY ON 1 MARCH 2013 SAID TOTAL SALES DECLINED 4.23% TO 5.01 LAKH UNITS IN FEBRUARY 2013 OVER FEBRUARY 2012.

EXPERT OPINION
NIFTY WEEKLY PIVOTS

NIFTY
Nifty looks Bearish Strategy: Sell on rise Support:5820 Resistance: 5920

BANK NIFTY
Bank Nifty looks Bearish Strategy: Sell on rise Support: 11750 Resistance: 11900

NIFTY WEEKLY PIVOTS


PIVOTS NIFTY R4 6418 R3 6238 R2 6050 R1 5965 PP 5878 S1 5785 S2 5698 S3 5518 S4 5338

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NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

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GAINERS AND LOOSERS


WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR. CLOSE NET CHANGE % CHANGE

Ranbaxy Labs. Siemens Asian Paints HUL Tata Power

438.75 574.10 5007.30 458.60 101.70

533.05 217.34 60.82 3710.97 840.77

403.05 533.10 4666.60 437.80 98.80

35.70 41.00 340.70 20.80 2.90

8.86 7.69 7.30 4.75 2.94

WEEKLY NIFTY LOOSERS


. SCRIPS RATE VOL. (000) PR. CLOSE NET CHANGE % CHANGE

Bajaj Auto ICICI Bank Hindalco GAIL India Axis Bank

1850.30 1067.50 95.60 323.30 1339.85

529.10 2870.18 8498.92 1318.27 1180.69

2013.45 1139.30 101.30 341.60 1407.00

-163.15 -71.80 -5.70 -18.30 -67.15

-8.10 -6.30 -5.63 -5.36 -4.77

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