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Equity Weekly Update

For the week 29

th

April to 3

rd

May 2013

om
Sensex 19286.72 270.26 Nifty 5871.45 88.35 Nifty May Future 5889.00 115.20 Weekly Outlook: - RBI's

policy review in focus

The next batch of Q4 March 2013 results, monthly data on the manufacturing and services sectors, monthly auto sales data, Reserve Bank of India's Monetary Policy Statement 2013-14 and monetary policy meeting of the European Central Bank will dictate trend on the bourses during truncated trading week. The stock market remains closed on 1 May 2013, on account of Maharashtra Day. Shares of auto firms will be in focus as automobile companies will start unveiling sales volume data for April 2013 from Wednesday, 1 May 2013. On the same day Markit Economics will unveil HSBC India Manufacturing PMI, for April 2013. Slowing wholesale price inflation has raised expectations that the Reserve Bank of India (RBI) will cut its key policy rate viz. the repo rate to boost economic growth, which is to be announced on 3 may 2013. Weekly Movement of Market Key Indices Nifty Sensex Bank Nifty CNX IT NSE Midcap BSE Auto BSE FMCG BSE Metal BSE Oil & Gas BSE Power BSE PSU BSE Reality Top Gainer/ Loser BSE Jet Airways Indiabulls Rst M&M Fin.Serv Sun TV United Phos Wipro Ltd HCL Tech TCS McLeod Russel Jindal St & Pwr Global Markets Shanghai Nikkei HangSeng FTSE CAC DAX DJIA NASDAQ Level 5871.45 19286.72 12533.15 5972.70 7715.15 10848.28 6116.45 8636.85 8691.77 1732.50 6837.60 1892.92 Level 612.60 70.45 228.80 419.35 138.60 Change 88.35 270.26 244.90 -259.90 91.05 428.17 19.23 150.60 42.17 34.33 78.68 -3.69 Change 107.80 11.35 29.00 50.65 16.55 Change (%) 1.53 1.42 1.99 -4.17 1.19 2.25 0.32 1.77 0.49 2.02 1.16 -0.19 Change (%) 21.35 19.20 14.51 13.74 13.56 -13.52 - 10.36 -7.86 -7.55 -6.62 Change (%) -2.97 4.26 0.80 2.22 4.33 4.76 1.13 2.28 Weekly Round up: Market Technical View: - On the daily chart of nifty we can see nifty has bounced back from its lower levels and has broken its resistance level of 5800. this bounced back rally may continue to the levels of 6000.Currently nifty is trading above its 8 days, 13 days and 21 days EMA. Investor can make long position in nifty near 5830 levels with stop loss of 5790 for target price of 5950. Weekly Chart Nifty

Gains but IT stocks slide

330.10 -51.60 683.65 -79.05 1368.20 -116.65 319.80 -26.10 314.70 -22.30 Level Change Asian 2,177.91 -66.73 13,884.13 567.65 22,547.71 179.89 European 6,426.42 3,810.05 139.83 158.09

Key benchmark indices edged higher in the week ended Friday, 26 April 2013 edged higher as slowing wholesale price inflation has raised rate cut expectations. Firm global stocks also boosted sentiment. The market gained in three out of four trading sessions in the week just gone by. IT stocks were the key losers during the week on weak economic data in the US, the biggest outsourcing market for the Indian IT firms. In the week ended Friday, 26 April 2013, the 30-share S&P BSE Sensex gained 270.26 points or 1.42% to 19,286.72. The 50-unit CNX Nifty rose 88.35 points or 1.52% to 5,871.45. The BSE Mid-Cap index rose 0.92% and the BSE Small-Cap index advanced 0.81%. Both these indices underperformed the Sensex. FIIs were reported net buyer with the worth Rs. 2816.38 Cr. & DIIs sold the shares worth Rs. 2552.98 cr.

7,814.76 354.80 US 14,712.55 3,279.26 165.04 73.20

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Institutional Activities (Rs Cr) FIIs Monday Tuesday Wednesday Thursday Friday DIIs Monday Tuesday Wednesday Thursday Friday Buy 3656.18 2375.76 6226.62 3337.26 Buy 1034.39 587.25 1054.58 1034.39 Sold 2740.36 2149.55 4776.92 3112.61 Sold 1412.17 1115.24 2324.01 1412.17 Net 915.82 226.21 1449.70 224.65 Net -377.78 -527.99 -1269.43 -377.78

Calls for the Week Stock on the Move: - Hindalco

Technical View: On the daily chart of Hindalco we can see stock has bounced back from its lower levels and has broken its resistance of 93.Currently stock is trading above its 8 days, 13 days and 21 days EMA. Investor can make long position in stock near 96 levels with stop loss of 93 for target price of 103.

Highlights of the Week Maruti in top gear with 80% surge in net profit Professionally-managed firms offer better returns than family businesses Three ministries oppose Rangarajan committee's gas pricing formula Rejig of FDI policy in offing Etihad Airways to get right of first refusal Volkswagen loses ground as Honda steps in Atom 2nd mainstream cola brand from Pepsi TCS' Finnish employees protest job cuts IDBI Bank Q4 net dips 28% to Rs 554 cr Etihad Airways can fly only two flights a day AirAsia India files application to start operations Tata Steel bets on Kalinganagar to check Europe drag Idea profit up 29% at Rs 308 cr GSPC & Cairn also seek higher gas prices Posco plods through despite setbacks
Nalco pays Rs 193 cr dividend for 2012-13 Swosti Group forays into hospitality education

Vizag Steel lines up Rs 42,400 cr expansion plan PPT receives three proposals for non-petroleum cargo terminal Public hearing disrupted for RSB project Cera Sanitaryware's Q4 net jumps by 50% Radikal Overseas eyes domestic rice market Helical starts its manufacturing unit in India Vadilal to launches 'Artisan Range' of ice creams Nova Medical plans to set up 25 centres Hero net dips for third quarter in a row on weak sales Indian Oil Corporation looks forward to Paradip refinery Bajaj hits back, says RE60 not cheap car Tata Group to spend more on R&D Suzlon's REpower to slash 750 jobs DLF to launch Rs 2,000-cr IPP in early May ICICI Bank's Q4 net rises 21% on interest income Biocon's Q4 net doubles LIC Housing Finance net up 25% to Rs 316 cr Vijaya Bank posts Rs 224-cr profit

Derivative Trend
2500.00 2000.00 1500.00 1000.00 500.00 4,000,000 0.00 1 -500.00 -1000.00 -1500.00 2 3 4 5 6 7 8 9 10 3,000,000 2,000,000 1,000,000

FII's Activity in F&O in previous Ten Sessions Rs cr.


9,000,000 8,000,000 7,000,000 6,000,000 5,000,000

Call
Put

0
5700

5800

5900

6000

6100

6200

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