WEEKLY EQUTY REPORT BY EPIC RESEARCH-24 DECEMBER 2012
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WEEKLY NEWS Mining sector in limbo, enters 2013 fraught with worries Year 2012 for India Inc was disastrous. It was failure after failure that hit the mining industry. First it was Karnataka where mining activates were banned and then Goa. The shortage of iron ore also affected the steel-makers. Input costs surged exponentially SEBI's revised delisting norms: 45 cos assure of compliance Delisting has been a sore point for every corporate looking to exit the markets. The process is so tedious, WEEKLY EQUITY even bankers want it to be changed. But market regulator SEBI is in no hurry to review the process. NEWSLETTER CNBC-TV19’s Sajeet Manghat and Ashmit Kumar 24TH DECEMBER 2012 reports. CCI dismisses plea against DLF Group Competition watchdog CCI has dismissed a plea for MARKET UPDATE:- investigating alleged abuse of market dominance by realty major DLF Group that was related to a Nifty down by 13 pts and commercial office project here.In an order released settle at 5847.70 today, the CCI said that there is no need for proceeding with the plea against DLF Commercial Complexes Ltd Bank Nifty down by 88 for alleged abuse of dominance, while allotting office pts at 12315.05 space in its DLF Tower project in West Delhi, as the company "was not dominant in the relevant market determined by the Commission". http://www.epicresearch.co 09752199966 09993959693 MARKET ANALYSIS THE MARKET DECLINED MARGINALLY LAST WEEK ON WEAK GLOBAL CUES AMID DIMMING HOPES THAT US POLITICIANS WILL REACH A DEBT DEAL BEFORE THE END OF THE YEAR. U NITED STATES IS THE WORLD'S BIGGEST ECONOMY. G AINS FUELLED BY HOPES OF NEW GOVERNMENT REFORMS ALSO SUBSIDED AS THE WINTER SESSION OF PARLIAMENT ENDED ON THURSDAY, 20 DECEMBER 2012. THE BSE SENSEX FELL 75.25 POINTS OR 0.39% TO 19,242 IN THE WEEK ENDED FRIDAY, 21 DECEMBER 2012. THE 50-UNIT S&P CNX NIFTY DECLINED 31.90 POINTS OR 0.54% TO 5,847.70 IN THE WEEK. AMONG THE 30-SENSEX SHARES, 20 ROSE AND THE REMAINING SHARES DECLINED. TATA STEEL (UP 8.13% TO RS 429.55), HINDALCO INDUSTRIES (UP 7.63% TO RS 129.15), JINDAL STEEL & POWER (UP 5.52% TO RS 454.25) AND STERLITE INDUSTRIES (INDIA) (UP 3.31% TO RS 116.95), EDGED HIGHER. P HARMA MAJOR CIPLA ROSE 3.68% TO RS 418.90. THE STOCK SCALED A RECORD HIGH OF RS 430 IN INTRADAY TRADE ON FRIDAY, 21 DECEMBER 2012. C OMMERCIAL VEHICLES MAJOR TATA MOTORS ROSE 2.57% TO RS 299.40. THE COMPANY EARLY THIS WEEK ANNOUNCED THE LAUNCH OF A NEW VARIANT OF ITS CROSSOVER VEHICLE TATA ARIA VIZ. TATA ARIA P URE LX WITH A BOUQUET OF FEATURES. MORTGAGE LENDER HDFC FELL 2.82% TO RS 828.35. INDIA'S SECOND LARGEST PRIVATE SECTOR BANK BY NET PROFIT HDFC BANK SHED 1.80% TO RS 676.30. . EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks Consolidate Bank Nifty looks Consolidate Strategy: Sell on rise Strategy: Sell on rise Support:5790 Support: 12115 Resistance: 5910 Resistance: 12515 NIFTY WEELY PIVOTS PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 6217 6101 5985 5916 5869 5800 5753 5637 5521 http://www.epicresearch.co 09752199966 NIFTY WEEKLY CHART WEEKLY BANK NIFTY CHART http://www.epicresearch.co 09752199966 GAINERS AND LOOSERS WEEKLY NIFTY GAINERS SCRIPS RATE VOL. (000) PR. NET % CHANGE CLOSE CHANGE Tata Steel 430.70 2634.94 397.00 33.70 8.49 Hindalco 129.30 6224.17 119.95 9.35 7.79 Jindal Steel 454.55 3234.00 431.20 23.35 5.42 & Power Cipla 419.75 1224.62 403.00 16.75 4.16 Sesa Goa 194.70 1743.29 187.75 6.95 3.70 WEEKLY NIFTY LOOSERS . SCRIPS RATE VOL. PR. CLOSE NET % CHANGE (000) CHANGE JP Associate 96.70 13739.47 101.50 -4.80 -4.73 Cairn India 312.00 1622.27 324.65 -12.65 -3.90 Ambuja 199.75 2837.14 206.45 -6.70 -3.25 Siemens 659.40 115.48 680.65 -21.25 -3.12 ITC 287.05 4475.19 295.95 -8.90 -3.01 Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. 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