TECHNICALVIEW

MOVINGAVERAGE 21DAYS

50DAYS

100DAYS

200DAYS

NIFTY
BANKNIFTY

8460
18847

8289
17623

7855
16196

8563
19363

NIFTYPIVOTREPORT
DAILY

R2
9521

R1
9117

PP
8915

S1
8713

S2
8309

WEEKLY

R2
9519

R1
9116

PP
8915

S1
8713

S2
8309

MONTHLY

R2
11726

R1
9668

PP
8639

S1
7610

S2
5552

BANKNIFTYPIVOTREPORT
DAILY

R2
22757

R1
21059

PP
20210

S1
19361

S2
17663

WEEKLY

R2
23400

R1
21318

PP
20275

S1
19232

S2
17146

MONTHLY

R2
28241

R1
22527

PP
19670

S1
16813

S2
11099

NSEEQUITYDAILYLEVELS
COMPANY

R3

R2

R1

PP

S1

S2

S3

ACC
ALBK

EQ 1615
EQ 121

1573
118

1549
116

1532
115

1507
113

1490
112

1448
109

AMBUJACEM
ASIAN PAINT
AXISBANK
BAJAJ-AUTO
BANKBRODA
BANKINDIA

EQ
EQ
EQ
EQ
EQ
EQ

254
868
638
2460
196
282

250
837
625
2402
191
277

247
820
604
2363
187
271

243
790
591
2306
183
267

239
773
571
2267
179
260

232
725
537
2171
171
250

261
915
671
2556
204
292

BHEL
BHARTIARTL
CIPLA
COALINDIA
DLF
DRREDDY
GAIL
GRASIM
HCLTECH
HDFC
HDFCBANK
HEROMOTOCO
HINDALCO
HINDUNILVR
ICICIBANK
ITC
INDUSIND BANK
INFY
JINDALSTEL
KOTAKBANK
LT
M&M
MRF
MARUTI
ONGC
ORIENTBANK
RANBAXY
RCOM
RELCAPITAL
RELIANCE
RELINFRA
RPOWER
SBIN
SESAGOA
SUNPHARMA
TATAMOTORS
TATAPOWER
TATASTEEL
UNIONBANK

EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ
EQ

306
396
728
367
184
3250
449.
3983
2069
1348
1157
3002
155
964
375
381
911
2190
168
1445
1808
1351
4136
3883
369
283
756
84.15
515
936
551
70
321
214
974
618
97
412
224

300
379
713
360
178
3201
439.
3905
1967
1307
1117
2923
149
938
364
372
889
2164
162
1391
1764
1302
40780
3778
360
274
738
82.15
502
924
533
68
314
207
952
603
93
399
217

297
369
704
357
175
3170
434
3853
1932
1286
1100
2879
147
922
358
366
880
2151
159
1369
1745
1270
40500
3726
355
269
728
81.20
497
917
525
67
311
202
939
596
92
391
213

293
362
697
353
171
3152
428
3826
1865
1266
1076
2844
143
913
354
363
868
2138
157
1337
1720
1253
40200
3673
352
265
719
80.20
489
912
514
65
308
200
930
588
90
386
209

290
352
689
353
169
3121
424
3775
1830
1249
1060
2800
141
879
347
357
858
2125
153
1315
1701
1221
39920
3621
346
261
710
79.25
484
905
507
64
304
195
918
581
89
378
205

287
346
682
347
165
3103
418
3748
1763
1225
1035
2765
137
888
343
354
846
2112
151
1282
1676
1204
39620
3568
343
256
701
78.25
476
900
496
63
301
193
909
573
87
374
202

281
329
667
340
159
3054
408
3670
1661
1184
995
2687
131
863
332
344
824
2086
146
1228
1632
1155
39040
3463
334
248
683
76.30
464
888
477
61
294
185
887
558
84
361
194

NSE WEEKLY NEWS UPDATE

FIIs inflow reaches Rs 21,000cr so far in January
Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets
since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of
India (RBI). Foreign Institutional Investors (FIIs) have bought shares worth Rs 5,992 crore
($977 million) till January 23, while bought debt worth Rs 15,336 crore ($2.5 billion) taking
the total investment to Rs 21,328 crore ($3.45 billion), latest data with Central Depository
Services Ltd (CDSL) showed.
Amara Raja Batteries posts 23% growth in Q3 net sales
Automotive and industrial battery maker Amara Raja Batteries earned Rs 1,060-crore in net
sales (excluding other income) in the third quarter of the financial year, up 23% from Rs 860
crore in the year ago period. Net profit increased marginally from Rs 95 crore to Rs 102 crore.
The automotive battery business continued to maintain its growth trend in four-wheeler
batteries backed by improved sales in aftermarket segment in both Amaron and PowerZone
brands, the company said in a statement.

Analjit to split Max India into 3 entities

Billionaire Analjit Singh has decided to split his insurance and healthcare firm Max India into
three separate listed entities as he "unlocks value" and charts out focused sectoral growth plans
for various ventures. Singh said Max India, which is listed on the stock exchanges, will be split
into three separate business verticals life insurance; health and allied businesses; and
manufacturing industries. The existing Max India will be renamed Max Financial Services, and
will focus on the group's flagship life insurance business, a joint venture between Max India
and Mitsui Sumitomo Insurance Co. The second company will manage investments in the
health and related businesses, including Max Bupa Health Insurance, of which 74% is owned
by Max India and the rest by British health insurance provider Bupa. This venture will now be
re-named Max India and will also house Antara Senior Living, which is managed by Singh's
daughter.

Shriram City Union Finance net up 11%

Shriram City Union Finance's net profit for the third quarter of FY 15 was up 11% to Rs 143
crore as against Rs 129 crore during the same period last year. Income from operations during
the aforesaid period also rose 13% to Rs 896 crore.

CIL stake sale on Saturday at Rs 358 per share

The government would on Saturday offer the largest stake sale in a public sector undertaking
by putting on the block up to 10% in monopoly Coal India Ltd at a floor price of Rs 358 a share
with a view to mopping up an estimated Rs 22,600 crore. The offer price was announced amid
protests by various trade unions representing over five lakh workers in the company. The stock
exchanges also sought clarification from CIL on reports that unions have threatened to 'go
slow'. CIL replied it had not received any notice from any union on such a move. Rs 4,000
crore worth of shares, or 20% of the offering, would be reserved for retail investors who would
get a discount of 5%. The one-day stake sale would be conducted during market hours from 9
am to 3.30 pm. Some 31.58 crore shares, or 5%, would be on offer and the government could
sell another 5% if there is demand for more. At this floor price, the total 10% stake can fetch
the government Rs 22,600 crore. This would surpass the existing record of over Rs 15,000
crore mopped up through an initial public offering in CIL in 2010.The offering, made at a price
of Rs 245 a share, was oversubscribed by more than 15 times.

Karur Vysya Bank net profit up 7%

The Reserve Bank has allowed foreign investors to have 100 per cent holding in chemical
products distributor Veritas (India) Ltd. The raising of foreign investment limit to 100 per cent
follows passage of a special resolution by the company, agreeing to enhance the limit for
purchase of its equity shares and convertible debentures by FIIs/RFPIs, RBI said. Veritas
(India) deals in international trade and distribution of chemicals including petrochemicals,
polymers, paper & paper boards, rubber and heavy distillates.

RBI allows FIIs to hold 100% equity in Veritas Ltd

Karur Vysya Bank posted a net profit of Rs 114 crore in the third quarter of FY 15, a 7%
increase from Rs 107 crore it earned during the same period in the previous fiscal.However,
NPA (non-performing assets) of the bank continued to rise to Rs 680 crore as on December 31st
2014 as against Rs 485 crore during the quarter ended December 31, 2013.Net NPA of the bank
rose to Rs 257 crore as against Rs 158 crore during the same period last year.The gross NPA
ratio also increased from 1.47% to 1.91% while net NPA also rose to 0.73% as against 0.48%
on December 31 2013.

SBI settles debenture probe case with Sebi, pays Rs 6.8 lakh
ICICI Bank has dipped nearly 6% to Rs 358 on National Stock Exchange (NSE) after the bank
said that its net non performing assets (NPA) for the quarter ended December 31, 2014 (Q3)
stood at 1.27% against 1.09% in September quarter. The gross NPA was at 3.40% as against
3.12% a quarter ago.The country's biggest private lender has recorded a 14% increase in net
profit at Rs 2,889 crore in the third quarter ending December 2014. It was Rs 2,532 crore in the
same period a year ago.The banks provisioning for bad loans increased by 41% at Rs 980 crore

against Rs 695 crore in year ago quarter.

HDFC Q3 net profit rises 11.5 pct on higher loan growth

City based private sector bank - Karnataka Bank posted a net profit of Rs 317.03 crore for the
first nine months of the current year against Rs 229.82 crore for corresponding period last year,
registering a year-on-year growth of 37.95%. For standalone third quarter of the current year,
the bank earned a net profit of Rs 106.94 crore as against Rs 106.70 crores during Q3 of 201314, P Jayarama Bhat, managing director and CEO said.

Karnataka Bank registers Rs 106.94 crore profit for third quarter

State-run banking giant SBI has settled a probe by markets watchdog Sebi into alleged
violations of debenture trustee regulations during certain public and private bond issues fourand-a-half years ago. The case has been settled after State Bank of India (SBI) agreed to pay Rs
6.8 lakh towards 'settlement charges', Sebi said today while disposing of the ongoing
adjudication proceedings against the bank in this matter. SBI was found to have acted as both
lender and debenture trustee to certain companies.

ICICI Bank dips over 5% post Q3 results

Housing Development Finance Corp (HDFC), India's top mortgage lender, posted an 11.5
percent gain in quarterly net profit, in line with estimates, aided by higher loan growth. Net
profit rose to 14.25 billion rupees ($232 million) in the October-December quarter from a year
earlier, HDFC said on Thursday. Analysts were expecting a net profit of 14.27 billion rupees,
according to Thomson Reuters I/B/E/S. Income from operations increased 13 percent in the
fiscal third quarter to 67.58 billion rupees, the company said in a statement to the stock
exchange. Net interest margin, a key measure of profitability, fell to 3.93 percent for the nine
months ended December, compared with 3.99 percent from a year earlier, HDFC CEO Keki
Mistry said in a TV interview. ($1 = 61.4500 Indian rupees)

NTPC Q3 net hits a new high, up 7% at Rs. 3,074 cr

NTPC Ltd on Friday reported a seven per cent year-on-year growth in net profit for the third
quarter of fiscal 2014-15. Net profit for the quarter stood at Rs. 3,074 crore as against Rs. 2,861
crore in the same quarter last year.The company said in a statement that the profit is the highest
recorded by the company for the third quarter.The increase in profit came despite a marginal
drop in net revenue. The company's net revenue for the quarter stood at Rs. 19,339 crore as
against Rs. 19,589 crore in the same quarter last year.

 Tata Motors plans Rs 7,500cr rights issue

Troubled carrier SpiceJet Ltd said its board has approved selling shares worth up to 15 billion
rupees ($242.6 million) in the company, following a deal between its current majority owner
and a co-founder leading a rescue plan.Ajay Singh, who helped found the airline in 2005,
agreed this month to buy a controlling stake from billionaire majority owner Kalanithi Maran's
Sun Group in a bid to turn around the money-losing airline.SpiceJet has been struggling to pay
its bills due to a cash crunch and had briefly grounded planes in December.The carrier said on
Friday its board had decided to increase the authorised share capital of the company to 20
billion rupees - comprising 1.5 billion equity shares of 10 rupees each and 5 million nonconvertible redeemable preference shares of 1,000 rupees each.SpiceJet's board also decided to
allot up to 3.75 million preference shares to Kalanithi Maran or one of his group firms.

Maruti Suzuki Q3 net profit rises 18% at Rs 802 crore

The country's largest carmaker Maruti Suzuki India on Tuesday reported 17.8 per cent increase
in net profit at Rs 802.2 crore for the third quarter ended December 31, 2014. he company had
posted a net profit of Rs 681.15 crore in the same period last fiscal, Maruti Suzuki India said in
a statement.Net sales during the quarter stood at Rs 12,263.14 crore, up 15.5 per cent as against
Rs 10,619.68 crore in the same period previous fiscal. Volume sales in the quarter were up 12.4
per cent at 3,23,911 units as compared to 2,88,151 units in the same period last fiscal, it added.
Domestic sales were at 2,95,202 units asagainst 2,68,185 units in the same period last fiscal
while exports stood at 28,709 units as compared to 19,966 units in the year-ago period.

SpiceJet board approves up to $243 million share sale plan

Weighed down by debt and losses in its India business, Tata Motors, the world's fourth largest
truck maker, plans to raise up to Rs 7,500 crore via a rights issue over the coming months, its
third such offering in the company's history since it got listed in 1955.Cyrus Mistry-led Tata
Motors will be approaching shareholders for their approval to allow the vehicle manufacturer to
issue new equity shares to reduce its debt load, which stood at Rs 60,774 crore as on September
30, 2014. The rights issue will be for both ordinary and class A (commonly called DVRs or
differential voting rights) shareholders. Through a rights offering, a company gives its existing
shareholders new shares in proportion to their current holding. Such a fund-raising method also
allows promoters to avoid diluting their stakes in the company. Tata Motors' promoters,
including Tata Sons, hold about 34% in the maker of Nano and Jaguar cars, which currently has
a market capitalization of Rs 1.63 lakh crore.

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