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Weekly Market Outlook 18 Feb 2012
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SNAPSHOT
DATA MATRIX FOR THE WEEK
Indian stock markets went through a highly enthralling week of trade as the benchmark indices seldom
13th Feb 2012 - 17th Feb 2012 showed signs of nervousness, riding high on the back of hefty FII inflows and snapped the seventh
consecutive week on a cheerful note after garnering over three percentage points. Markets have carried
forward their exhilaration since the start of the New Year, during which they skyrocketed around 18% and
Weekly Markets
regained the levels last seen in July 2011. Foreign institutional investors showed renewed vigor in Indian
Sensex 18,289 3.04% equities following the ease in inflationary concerns and recent appreciation in rupee. Meanwhile, the
broader markets showcased a boisterous performance as BSE's Mid-cap & Small-cap indices garnered
Nifty 5,584 3.75% huge gains for the week and outclassed the larger peers. Stocks from the power counter traded on a
jubilant note after PM Manmohan Singh cleared coal supply to private sector power producers, which
Gold(US$/oz) 1,725.3 0.06% would help power plants with estimated capacity of more than 50,000 MW. On the earnings front, real
Re/US$ 49.31 -0.08% estate major DLF, along with Tata Power, Suzlon Energy, SAIL and SBI got pounded heavily after
announcing third quarter results which were below street's expectations while Tata Motors and Coal
Dow 12,950 1.16% India on the other hand settled on a strong note as its quarterly performance got commended by investors.
Nasdaq 2,952 1.65% Volume* & Volatility Index (Nifty - Feb 2012)
2000 26
FX Res (US$ Bn) 293.384 -0.13% 25
1500
24
Net FII / DII Equity Activity (Rs Cr) 1000 23
22
Upto 17.02.12 FIIs DIIs 500
21
Total Feb 2012 10310.4 -5769.3 0 20
Total 2012 19,780 -12,499 6-Feb 7-Feb 8-Feb 9-Feb 10-Feb 13-Feb 14-Feb 15-Feb 16-Feb 17-Feb
*NSE
Cash Volume (Rs bn) F & O Volume (Rs bn) Volatility Index %
Weekly Sector Movement
Sectors Close %
Auto 10,319 6.24
Bankex 12,736 6.25
CD 6,647 7.76
CG 11,107 7.91
FMCG 4,153 0.54
Healthcare 6,375 0.45
IT 6,267 3.58
Metal 12,572 1.68
Oil & Gas 8,645 -1.44
India's headline inflation slipped to a more than 2-year low in January, giving some relief to the policy-makers
PSU 7,909 3.08 and the Reserve Bank of India (RBI) scope to cut interest rates in the forthcoming policy review to counter
weakening economic growth. Headline inflation, as measured by the Wholesale Price Index (WPI), fell to 6.55%
Realty 2,080 10.21 In January 2012 as compared to 7.47% in December 2011.
WEEK AHEAD
Volatility is expected to remain at the forefront for the holiday truncated week as traders are expected to adjust their position with expiry of February
F&O contracts on Thursday, February 23, 2011. Investor's for the coming week will also be eyeing an Empowered Group of Ministers' (EGoM)
meeting headed by Finance Minister Pranab Mukherjee, slated to be held on February 24, to consider changes in the natural gas allocation policy.
Meanwhile, with just one-and-half months left to meet Rs 40,000 crore disinvestment target for this fiscal, a panel of ministers, which deferred a
decision on stake sale of blue chip engineering giant BHEL in the week passed by, may meet again in the coming week to take a final call. From the
global markets, traders will be eyeing data of US, starting from Existing Home Sales data on February 22, followed by Jobless Claim data and New
Home Sales data on February 24, 2011. For the upcoming sessions we believe current euphoria will survive however 5660-5680 could be the near
term hurdles. Any break out above this zone may further boost the sentiment and we might see 5800-5830 in the next series. On the flip side
possibility of consolidation wouldn't be rule out at this stage however 5300-5330 may be the good support levels to reenter. HAPPY TRADING...
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
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Weekly Market Outlook
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SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 24th Feb 2012
SUPPORT CLOSE PRICE RESISTANCE
SCRIP 3rd 2nd 1st 17.02.12 1st 2nd 3rd INCLINATION
Bajaj Auto Ltd 1712 1756 1778 1800.70 1822 1843 1886 Positive
Bharat Heavy Electricals Ltd. 229 267 285 303.45 324 344 382 Positive
Bharti Airtel Ltd. 335 343 346 349.55 354 359 367 Neutral
Cipla Ltd. 304 314 318 321.55 327 333 342 Positive
Coal India Ltd. 309 318 321 324.85 330 336 345 Neutral
DLF Ltd. 240 248 251 253.85 258 263 271 Positive
GAIL (India) Ltd. 353 367 374 380.75 389 397 412 Neutral
HDFC Bank Ltd. 499 513 520 527.55 535 542 556 Neutral
Hero MotoCorp Ltd. 1903 2020 2065 2109.70 2182 2255 2372 Positive
Hindalco Industries Ltd. 138 146 148 151.10 156 161 169 Negative
Hindustan Unilever Ltd. 374 379 382 385.25 388 390 395 Neutral
Housing Development Finance Corporation Ltd. 686 702 709 716.50 725 733 749 Positive
ICICI Bank Ltd. 939 962 972 981.55 995 1007 1030 Positive
Infosys Ltd. 2792 2867 2909 2950.60 2984 3017 3092 Positive
ITC Ltd. 200 202 204 205.30 206 207 210 Positive
Jindal Steel & Power Ltd. 591 619 629 639.25 656 674 701 Positive
Larsen & Toubro Ltd. 1293 1383 1416 1448.65 1506 1563 1652 Positive
Mahindra & Mahindra Ltd. 699 722 735 749.30 758 766 789 Positive
Maruti Suzuki India Ltd. 1227 1282 1301 1320.00 1355 1391 1446 Neutral
NTPC Ltd. 177 182 185 187.65 190 193 198 Positive
Oil & Natural Gas Corpn. Ltd. 263 274 277 281.30 288 294 304 Neutral
Reliance Industries Ltd. 786 802 810 817.90 826 834 850 Negative
State Bank Of India 2241 2331 2374 2416.75 2463 2509 2599 Positive
Sterlite Industries (India) Ltd. 121 128 130 133.00 137 141 148 Neutral
Sun Pharmaceutical Inds. Ltd. 522 532 537 541.90 547 552 562 Negative
Tata Consultancy Services Ltd. 1172 1203 1216 1228.70 1247 1266 1297 Neutral
Tata Motors Ltd. 252 264 269 273.90 281 288 300 Negative
Tata Power Company Ltd. 107 112 115 118.65 121 123 129 Positive
Tata Steel Ltd. 443 461 470 478.00 488 497 516 Neutral
Wipro Ltd. 418 432 441 449.20 455 461 475 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
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Weekly Market Outlook
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NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 24th Feb 2012
SUPPORT CLOSE PRICE RESISTANCE Market Cap
SCRIP 3rd 2nd 1st 17.02.12 1st 2nd 3rd (Rs Crore)
Adani Power Ltd. 70 78 81 85.00 89 94 102 18530
Allahabad Bank 179 190 194 198.35 205 211 222 9446
Alstom Projects India Ltd. 368 396 407 417.70 435 453 481 2800
Andhra Bank 121 126 129 131.10 134 137 142 7336
Ashok Leyland Ltd. 27 28 29 29.35 30 31 32 7809
Aurobindo Pharma Ltd. 108 114 117 119.45 123 127 133 3477
Bajaj Hindusthan Ltd. 33 34 35 35.75 37 38 40 2286
BEML Ltd. 564 597 616 634.45 648 662 694 2642
Bharat Forge Ltd. 302 311 315 319.10 325 331 340 7428
CESC Ltd. 259 276 283 290.60 300 309 326 3631
Cummins India Ltd. 459 466 469 471.40 475 479 486 13067
DiviS Laboratories Ltd. 700 728 742 756.30 770 783 811 10036
Educomp Solutions Ltd. 210 223 228 233.25 241 249 262 2241
Great Eastern Shipping Company Ltd. 239 257 264 270.45 281 292 310 4119
GVK Power & Infrastructure Ltd. 16 18 19 19.10 20 21 22 3016
Hindustan Construction Company Ltd. 27 30 30 31.30 33 34 36 1899
Hotel Leela Venture Ltd. 36 37 38 38.70 40 41 42 1501
Housing Development & Infrastructure Ltd. 103 113 118 122.70 128 133 143 5141
IDBI Bank Ltd 110 114 116 117.95 121 123 128 11614
India Cements Ltd. 94 100 102 103.70 107 111 117 3185
Indian Bank 222 234 239 243.40 251 258 269 10461
Indian Hotels Company Ltd. 70 74 75 76.75 79 81 85 5829
IVRCL Ltd. 49 54 57 58.85 62 65 70 1571
Jain Irrigation Systems Ltd. 102 110 114 117.45 121 125 132 4759
JSW Steel Ltd. 784 823 839 854.60 878 901 940 19068
Lanco Infratech Ltd. 13 18 20 22.65 25 27 32 5454
Mahanagar Telephone Nigam Ltd. 22 27 31 34.20 36 38 44 2155
Mphasis Ltd. 356 376 388 399.10 408 417 438 8381
NCC Ltd. 52 58 61 63.30 66 69 75 1624
Oracle Financial Services Software Ltd 2071 2127 2150 2172.70 2206 2239 2295 18240
Patel Engineering Ltd. 101 111 115 118.55 125 131 141 828
Petronet LNG Ltd. 151 162 168 174.60 179 183 194 13095
Piramal Healthcare Ltd. 421 427 430 432.80 436 439 446 7469
Praj Industries Ltd. 79 84 86 88.15 91 93 98 1604
Punj Lloyd Ltd. 57 60 62 62.85 65 67 70 2087
Rolta India Ltd. 88 92 94 96.00 99 102 107 1549
Shipping Corpn. Of India Ltd. 68 73 75 76.95 80 84 89 3584
Sintex Industries Ltd. 87 93 95 97.75 101 105 110 2668
Syndicate Bank 107 112 114 116.30 119 122 127 6667
Tata Chemicals Ltd. 358 365 368 371.00 374 378 384 9451
Tata Global Beverages Ltd 111 115 117 119.15 122 125 129 7368
Tata Teleservices (Maharashtra) Ltd. 15 16 17 17.35 18 19 20 3292
Tech Mahindra Ltd. 623 643 651 659.50 671 683 703 8402
Titan Industries Ltd. 192 210 221 232.50 240 247 265 20641
Ultratech Cement Ltd. 1428 1452 1464 1475.45 1488 1500 1524 40436
Unitech Ltd. 28 30 31 31.35 32 33 35 8202
United Phosphorus Ltd. 145 154 157 160.90 166 172 181 7430
Vijaya Bank Ltd 63 65 66 67.45 69 70 72 3188
Voltas Ltd. 95 103 106 108.40 113 117 124 3587
Welspun Corp Ltd. 139 146 150 153.05 157 160 167 3486
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
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Weekly Market Outlook
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FORTHCOMING CORPORATE ACTIONS
Ex-Date Company Name NSE- Symbol Purpose
21-Feb-12 Cummins India Limited CUMMINSIND INTERIM DIVIDEND RS.5/- PER SHARE
21-Feb-12 Snowcem India Limited SNOWCEMIND ANNUAL GENERAL MEETING
22-Feb-12 Gayatri Projects Limited GAYAPROJ RIGHTS 1:1 @ PREMIUM RS.110 PER SHARE
22-Feb-12 The Great Eastern Shipping Company Ltd GESHIP INTERIM DIVIDEND RS.3/- PER SHARE
22-Feb-12 Oil India Limited OIL 2ND INTERIM DIVIDEND RS.10/- PER SHARE
22-Feb-12 Natco Pharma Limited NATCOPHARM INTERIM DIVIDEND RS.3/- PER SHARE
23-Feb-12 SRF Limited SRF INTERIM DIVIDEND RS.7/- PER SHARE
23-Feb-12 Hi-Tech Gears Limited HITECHGEAR INTERIM DIVIDEND RS.2/- PER SHARE
23-Feb-12 Precision Wires India Limited PRECWIRE INTERIM DIVIDEND RS.1.80 PER SHARE
23-Feb-12 Amrutanjan Health Care Limited AMRUTANJAN INTERIM DIVIDEND OF RS.5/- PER SHARE (50%)
24-Feb-12 Zodiac Clothing Company Limited ZODIACLOTH INTERIM DIVIDEND RE.1/- PER SHARE
29-Feb-12 Plastiblends India Limited PLASTIBLEN FACE VALUE SPLIT FROM RS.10/- TO RS.5/-
1-Mar-12 Dwarikesh Sugar Industries Limited DWARKESH ANNUAL GENERAL MEETING
1-Mar-12 Escorts Limited ESCORTS DIVIDEND-RS.1.50 PER SHARE
9-Mar-12 GlaxoSmithKline Consumer Healthcare GSKCONS AGM AND DIVIDEND RS.35/- PER SHARE
9-Mar-12 The Andhra Pradesh Paper Mills Limited APPAPER ANNUAL GENERAL MEETING
12-Mar-12 ACC Limited ACC DIVIDEND RS.17/- PER SHARE
13-Mar-12 Eicher Motors Limited EICHERMOT DIVIDEND-RS.16 PER SHARE
13-Mar-12 K.M.Sugar Mills Limited KMSUGAR ANNUAL GENERAL MEETING
14-Mar-12 Spanco Limited SPANCO AGM / DIVIDEND RE. 1/- PER SHARE
19-Mar-12 Oil & Natural Gas Corporation Limited ONGC INTERIM DIVIDEND
21-Mar-12 Helios And Matheson Information Tech. HELIOSMATH AGM & DIVIDEND RS.1.50 PER SHARE
21-Mar-12 Lakshmi Energy and Foods Limited LAKSHMIEFL AGM & DIVIDEND RE.0.20 PER SHARE
21-Mar-12 Foseco India Limited FOSECOIND AGM & DIVIDEND RS.7/- PER SHARE
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
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com
Weekly Market Outlook
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EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 17th Feb 2012
Total No. of Calls Profitable Calls Positional/Hold Exit/Stop Loss Success Rate
29 21 1 7 75.00%
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
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Mansukh
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furnished to you solely for your information and should not be reproduced or redistributed to any person in any form.
The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete. MSFL or any of its affiliates or
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5
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
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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