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Weekly Market Outlook 22.10.11

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Weekly Market Outlook 22.10.11 Powered By Docstoc
					Weekly Market Outlook                                                      22nd Oct 2011
                                                                                                                                         make more, for sure.


                                                            SNAPSHOT
 DATA MATRIX FOR THE WEEK
                                                            Indian markets finished a disappointing week with over one and half a percent losses and the benchmark indices
       17th Oct 2011 - 21st Oct 2011                        even lost their hold over the psychological 5,100 (Nifty) and 17,000 (Sensex) levels that they had gained in the
                                                            previous week after vehemently rallying over five percentage points. Sentiments in the domestic markets are
                                                            once again showing signs of weakening as lack of significant upside triggers on the domestic front and
             Weekly Markets                                 discouraging developments from the global front continue to dissuade investors from Indian equities. On the
Sensex                        16,786           -1.73%       domestic front, disappointing earnings announcement by heavyweights like Reliance Industries, Larsen and
                                                            Toubro, HCL Tech and TCS dented investors' morale. The Bombay Stock Exchange (BSE) Sensex shaved off
Nifty                          5,050           -1.60%       279.05 points or 1.74% to 16785.64 during the week ended October 21, 2011. The BSE Mid-cap index was down by
                                                            78.05 points or 1.26% to 6111.87 and the Small-cap index down by 82.86 points or 1.20% to 6825.10. The S&P CNX
Gold(US$/oz)                 1,642.4           -2.35%       Nifty plunged by 82.35 points or 1.60% to 5049.95. On the National Stock Exchange (NSE), Bank Nifty up 34.95
                                                            points or 0.36% to 9695.35, CNX IT down 171.20 points or 2.80% to 5948.45, while CNX mid-cap down 127.90
Re/US$                         49.84            1.71%       points or 1.79% to 7008.05 and CNX Nifty Junior down 212.35 points or 2.15% to 9682.65.
Dow                           11,809            1.42%
                                                               2000                        Volume* & Volatility Index (Nifty - Oct 2011)                              35
Nasdaq                         2,637           -1.16%                                                                                                                 30
                                                               1500                                                                                                   25
FX Res (US$ Bn)              317.500            1.69%
                                                                                                                                                                      20
                                                               1000
                                                                                                                                                                      15
Net FII / DII Equity Activity (Rs Cr)
                                                                 500                                                                                                  10
Upto 21.10.11                  FIIs              DIIs                                                                                                                 5
                                                                       0                                                                                              0
Total Oct 2011               -1444.7               61.6
                                                                           10-Oct 11-Oct 12-Oct 13-Oct 14-Oct 17-Oct 18-Oct 19-Oct 20-Oct 21-Oct
Total 2011                    20,979            24,402         *NSE
S o urce: bs eindia.co m                                                           Cash Volume (Rs bn)           F & O Volume (Rs bn)           Volatility Index %

         Weekly Sector Movement
Sectors                       Close                  %
Auto                           8,848              -0.01
Bankex                        11,094               0.26
CD                             6,706               0.03
CG                            10,558              -4.38
FMCG                           3,966              -0.65
Healthcare                     5,928               0.46
IT                             5,526              -3.04
Metal                         11,100              -2.00
Oil & Gas                      8,650              -2.36
PSU                            7,376              -1.13     India's weekly food inflation measured by the Wholesale Price Index (WPI) after a gap of a month-and-a-half is
                                                            back in double digits at 10.60% for the week ended October 8, 2011 as compared to 9.32% in the previous week on
Realty                         1,773              -2.96     the back of costlier vegetables, fruits, milk and protein-based items.

WEEK AHEAD
The start of the coming week would largely depend on the development on global front. Besides, this a lot of volatility could be expected on account of
expiry of October F&O contracts. Investor's eyes will be on European Union summit on Sunday, investors are hoping its results as an announcement of a
grand plan to ensure that Greece's debt crisis doesn't cause financial contagion. In the holiday shortened week, all eyes will be glued to the RBI Governor,
D Subbarao's monetary policy announcement of October 25, 2011, which is expected to provide further cues for the domestic markets. Indian equity
markets will remain closed on 26 and 27th October on account of Diwali, the festival of lights. However, a special Muhurat trading session would be held
on the bourses from 4:45 pm to 6:00 pm on Wednesday 26 October 2011 on Diwali. Therefore more of a range bound scenario between 4900-5250 could be
justified at this stage however on shorter side 5005-5180 may be more visible. HAPPY TRADING AND VERY HAPPY DIWALI TO ALL OF YOU…


     Please refer to important disclosures at the end of this report                         For Private circulation Only                          For Our Clients Only
                                                                                      1
      Mansukh Securities and Finance Ltd                                                              SEBI Regn No. BSE: INB010985834 /         NSE: INB230781431
      Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                                           PMS Regn No. INP000002387
      Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
      Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                              make more, for sure.


      SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 28th Oct 2011
                                                             SUPPORT           CLOSE PRICE           RESISTANCE
                       SCRIP                          3rd      2nd      1st      21.10.11      1st      2nd        3rd    INCLINATION

Bajaj Auto Ltd                                        1569    1603      1622     1640.55      1657      1672      1707       Positive

Bharat Heavy Electricals Ltd.                         305      313      316       319.75       325      330        338       Neutral

Bharti Airtel Ltd.                                    351      367      372       377.90       388      398        413       Positive

Cipla Ltd.                                            280      284      285       286.85       289      291        295       Positive

Coal India Ltd.                                       318      324      326       328.85       332      336        341       Neutral

DLF Ltd.                                              209      217      221       225.05       229      234        242       Neutral

HDFC Bank Ltd.                                        471      479      483       486.30       491      495        503       Neutral

Hero MotoCorp Ltd.                                    1925    1983      2018     2052.10      2076      2099      2157       Positive

Hindalco Industries Ltd.                              114      118      120       121.65       124      127        131       Negative

Hindustan Unilever Ltd.                               314      321      323       326.10       330      335        342       Neutral

Housing Development Finance Corporation Ltd.          599      619      627       634.25       646      658        677       Negative

ICICI Bank Ltd.                                       840      857      864       870.35       881      891        908       Neutral

Infosys Ltd.                                          2648    2687      2705     2722.70      2743      2764      2803       Positive

ITC Ltd.                                              198      201      202       203.65       206      208        211       Neutral

Jaiprakash Associates Ltd.                             64      67        68       69.55        71        73         76       Neutral

Jindal Steel & Power Ltd.                             499      516      523       529.55       540      551        568       Positive

Larsen & Toubro Ltd.                                  1176    1268      1302     1336.00      1394      1451      1543       Neutral

Mahindra & Mahindra Ltd.                              775      789      795       801.10       809      816        830       Neutral

Maruti Suzuki India Ltd.                              1038    1068      1080     1092.30      1111      1130      1160       Neutral

NTPC Ltd.                                             165      167      168       169.25       171      172        175       Neutral

Oil & Natural Gas Corpn. Ltd.                         258      262      264       265.40       268      270        274       Neutral

Reliance Industries Ltd.                              804      821      828       835.40       846      856        873       Positive

State Bank Of India                                   1889    1920      1934     1948.60      1965      1982      2013       Positive

Sterlite Industries (India) Ltd.                      110      113      114       115.10       117      119        122       Neutral

Sun Pharmaceutical Inds. Ltd.                         464      477      482       486.65       494      501        514       Positive

Tata Consultancy Services Ltd.                        1014    1032      1040     1048.25      1058      1068      1086       Neutral

Tata Motors Ltd.                                      163      172      175       177.95       183      189        197       Neutral

Tata Power Company Ltd.                                93      95        96       97.30        99       100        102       Neutral

Tata Steel Ltd.                                       407      422      427       432.15       441      450        464       Neutral

Wipro Ltd.                                            338      346      350       353.90       358      362        369       Positive



                                                                    2
   Mansukh Securities and Finance Ltd                                           SEBI Regn No. BSE: INB010985834 /    NSE: INB230781431
   Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                   PMS Regn No. INP000002387
   Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
   Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                           make more, for sure.

         NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 28th Oct 2011
                                                 SUPPORT                CLOSE PRICE             RESISTANCE              Market Cap
                SCRIP                      3rd       2nd        1st        21.10.11       1st       2nd         3rd      (Rs Crore)
Adani Power Ltd.                           77        81         82          83.75         86         88          92         18258
Allahabad Bank                             143      147         148         149.95       152         154        157          7141
Alstom Projects India Ltd.                 497      509         515         520.95       528         535        547          3492
Andhra Bank                                114      117         118         118.40       120         121        124          6625
Ashok Leyland Ltd.                         21        23         23          24.40         25         26          27          6492
Aurobindo Pharma Ltd.                      113      118         120         122.05       125         128        134          3553
Bajaj Hindusthan Ltd.                      35        36         37          36.85         37         38          39          2524
BEML Ltd.                                  452      467         474         481.40       490         499        515          2005
Bharat Forge Ltd.                          271      278         281         284.35       289         293        301          6620
CESC Ltd.                                  253      258         260         262.30       265         268        273          3277
Cummins India Ltd.                         371      383         388         393.00       400         407        418         10894
DiviS Laboratories Ltd.                    706      716         720         724.60       730         735        745          9614
Educomp Solutions Ltd.                     232      242         246         249.95       255         261        270          2400
Great Eastern Shipping Company Ltd.        223      229         231         233.45       237         240        246          3555
GVK Power & Infrastructure Ltd.            13        14         14          14.25         15         15          15          2250
Hindustan Construction Company Ltd.        24        25         26          26.40         27         28          29          1601
Hotel Leela Venture Ltd.                   35        36         36          36.85         38         38          39          1429
Housing Development & Infrastructure Ltd. 83         88         89          91.20         94         97         101          3821
IDBI Bank Ltd                              99       102         103         104.00       106         107        110         10240
India Cements Ltd.                         70        72         73          73.55         75         76          78          2259
Indian Bank                                162      187         197         206.15       223         239        265          8860
Indian Hotels Company Ltd.                 67        68         68          68.85         70         70          71          5229
IVRCL Ltd.                                 33        34         35          35.25         36         37          39          941
Jain Irrigation Systems Ltd.               108      117         120         123.65       129         135        144          4771
JSW Steel Ltd.                             525      553         566         580.45       594         607        635         12951
Lanco Infratech Ltd.                       14        14         15          14.85         15         16          16          3576
Mahanagar Telephone Nigam Ltd.             29        30         30          30.00         30         31          31          1890
Mphasis Ltd.                               301      311         315         318.85       325         331        341          6696
NCC Ltd.                                   52        53         54          54.05         55         56          57          1387
Oracle Financial Services Software Ltd    2098      2135       2155        2174.55       2191       2208        2245        18253
Patel Engineering Ltd.                     90        93         94          95.65         97         99         102          668
Petronet LNG Ltd.                          158      161         162         163.65       165         167        170         12274
Piramal Healthcare Ltd.                    345      350         352         353.60       356         359        364          5913
Praj Industries Ltd.                       73        75         76          77.40         79         81          83          1430
Punj Lloyd Ltd.                            50        52         53          53.90         55         57          59          1790
Rolta India Ltd.                           65        69         72          73.95         76         78          83          1193
Shipping Corpn. Of India Ltd.              67        68         69          69.10         70         70          71          3219
Sintex Industries Ltd.                     111      114         116         116.85       119         121        125          3190
Syndicate Bank                             97       100         101         101.75       103         105        108          5833
Tata Chemicals Ltd.                        289      301         305         308.90       316         324        336          7869
Tata Global Beverages Ltd                  81        83         84          84.90         86         88          90          5250
Tata Teleservices (Maharashtra) Ltd.       15        16         17          16.85         17         18          19          3197
Tech Mahindra Ltd.                         537      557         564         571.75       584         596        616          7272
Titan Industries Ltd.                      208      214         217         219.65       223         226        231         19500
Ultratech Cement Ltd.                     1087      1102       1110        1117.00       1125       1132        1147        30612
Unitech Ltd.                               25        26         26          26.70         27         28          28          6986
United Phosphorus Ltd.                     123      133         138         143.20       148         152        162          6613
Vijaya Bank Ltd                            50        52         53          53.25         54         55          57          2517
Voltas Ltd.                                89        93         95          96.70        100         102        107          3200
Welspun Corp Ltd.                          105      108         110         110.65       113         114        117          2520
                                                                  3
   Mansukh Securities and Finance Ltd                                          SEBI Regn No. BSE: INB010985834 /  NSE: INB230781431
   Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                PMS Regn No. INP000002387
   Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
   Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                        make more, for sure.

FORTHCOMING CORPORATE ACTIONS


  Ex-Date      Company Name                                     NSE- Symbol                           Purpose
  24-Oct-11    Farmax India Limited                             FARMAXIND                   ANNUAL GENERAL MEETING
  24-Oct-11    Nelcast Limited                                    NELCAST               INTERIM DIVIDEND RE.1/- PER SHARE
  24-Oct-11    Crompton Greaves Limited                         CROMPGREAV              INTERIM DIVIDEND RE.0.80 PER SHARE
  25-Oct-11    Tata Consultancy Services Limited                      TCS              INTERIM DIVIDEND - RS. 3/- PER SHARE
  25-Oct-11    Asian Paints Limited                             ASIANPAINT                       INTERIM DIVIDEND
  25-Oct-11    JIK Industries Limited                                JIKIND                 ANNUAL GENERAL MEETING
  25-Oct-11    Hindustan Zinc Limited                             HINDZINC              INTERIM DIVIDEND RS.1.50 PER SHARE
  28-Oct-11    CRISIL Limited                                        CRISIL                   3RD INTERIM DIVIDEND
  31-Oct-11    MindTree Limited                                  MINDTREE          INTERIM DIVID RS.1.50 PS & SPEC. DIVID RE.1 P/S
  31-Oct-11    VIP Industries Limited                                VIPIND           FACE VALUE SPLIT FROM RS.10/- TO RS.2/-
  31-Oct-11    Sterlite Industries ( India ) Limited                  STER                       INTERIM DIVIDEND
  1-Nov-11     Godrej Consumer Products Limited                   GODREJCP                    2ND INTERIM DIVIDEND
  1-Nov-11     Rallis India Limited                                  RALLIS             INTERIM DIVIDEND RE.1/- PER SHARE
  1-Nov-11     Southern Petrochemicals Industries Corp                SPIC                  ANNUAL GENERAL MEETING
  2-Nov-11     Exide Industries Limited                           EXIDEIND              INTERIM DIVIDEND RE.0.90 PER SHARE
  2-Nov-11     Navin Fluorine International Limited             NAVINFLUOR              INTERIM DIVIDEND RS.8.50 PER SHARE
  3-Nov-11     IPCA Laboratories Limited                          IPCALAB                        INTERIM DIVIDEND
  3-Nov-11     Hexaware Technologies Limited                     HEXAWARE               INTERIM DIVIDEND RE.1/- PER SHARE
  3-Nov-11     Foseco India Limited                              FOSECOIND                       INTERIM DIVIDEND
  3-Nov-11     Cronimet Alloys India Limited                     CRONIMET             FACE VALUE SPLIT FROM RS.10/- TO RS.2/-
  4-Nov-11     Hindustan Unilever Limited                       HINDUNILVR                       INTERIM DIVIDEND
  4-Nov-11     Dabur India Limited                                   DABUR                       INTERIM DIVIDEND
  4-Nov-11     KSB Pumps Limited                                  KSBPUMPS              INTERIM DIVIDEND RE.1/- PER SHARE
  4-Nov-11     Procter & Gamble Hygiene and Health                   PGHH             DIVIDEND-RS.22.50 P/S (BC DATES REVISED)
  4-Nov-11     Cranes Software International Limited            CRANESSOFT                  ANNUAL GENERAL MEETING
  4-Nov-11     Sasken Communication Technologies Ltd                 SASKEN                      INTERIM DIVIDEND
  8-Nov-11     Sun TV Network Limited                                SUNTV                       INTERIM DIVIDEND
  8-Nov-11     Kesar Enterprises Limited                         KESARENT                   DIVIDEND-RE.1/- PER SHARE
  9-Nov-11     Sonata Software Limited                          SONATSOFTW                       INTERIM DIVIDEND
  9-Nov-11     HCL Infosystems Limited                           HCL-INSYS                  DIVIDEND-RS.2/- PER SHARE
  9-Nov-11     Marico Limited                                        MARICO                    1ST INTERIM DIVIDEND
  11-Nov-11    KCP Limited                                            KCP                     2ND INTERIM DIVIDEND
  16-Nov-11    Page Industries Limited                            PAGEIND                     2ND INTERIM DIVIDEND




                                                                 4
  Mansukh Securities and Finance Ltd                                          SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
  Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                               PMS Regn No. INP000002387
  Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
  Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                                            make more, for sure.



                               EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 21st Oct 2011
       Total No. of Calls                   Profitable Calls                Positional/Hold                Exit/Stop Loss              Success Rate
                26                                  17                               1                             8                       68.00%




                  NAME                                   DESIGNATION                                                   E-MAIL
               Varun Gupta                                Head - Research                                 varungupta@moneysukh.com
           Pashupati Nath Jha                             Research Analyst                            pashupatinathjha@moneysukh.com
              Vikram Singh                                Research Analyst                             vikram_research@moneysukh.com




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                                                                           6
    Mansukh Securities and Finance Ltd                                                    SEBI Regn No. BSE: INB010985834 /        NSE: INB230781431
    Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                                PMS Regn No. INP000002387
    Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
    Website: www.moneysukh.com

				
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