VIEWS: 23 PAGES: 4 CATEGORY: Analyst Reports POSTED ON: 1/7/2013
Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, NSE Tips, BSE Tips, COMEX Tips, PCG Pack and NCDEX Tips. We provide services in equity, commodity and Forex market.
WEEKLY NEWS DoT looking to start 2G spectrum auction from March 11 The second round of auction for selling unsold telecom spectrum is likely to start from March 11 with a lower base price. According to sources, "stiff timeline has been drawn taking into account the EGoM decision dated December 7, 2012 that all effort should be made to complete the process during the current financial year."The timeline of the second auction is likely to be discussed by the Empowered Group of Ministers on telecom in its scheduled meet on January 7. Sources said that auction is proposed to start from March 11 for unsold spectrum in 1800 Mhz and airwaves in 900 Mhz WEEKLY EQUITY band held by telecom companies whose licences are NEWSLETTER coming up for renewal in 2014. TH 7 JANUARY 2012 Govt eyes to meet disinvestment target via PSU ETF In a bid to meet its disinvestment target; the government is pulling out all the stops including the introduction of a MARKET UPDATE:- Exchange Traded Fund for PSUs, report Sajeet Manghat and Sandeep Srikanth of CNBC-TV18.The Nifty up by 115 pts and settle at 6016.15 finance ministry is forging ahead to introduce an exchange traded fund for PSU's. Designed on the lines Bank Nifty up by 345 pts of the Hong Kong Tracker, in consultation with ICICI at 12787.35 Securities, the PSU ETF will allow the government to monetise its shareholdings in the public sector companies. http://www.epicresearch.co 09752199966 09993959693 MARKET ANALYSIS KEY BENCHMARK INDICES SURGED TO ATTAIN THEIR HIGHEST LEVEL IN NEARLY TWO YEARS AFTER A SURVEY SHOWED STRONG GROWTH IN BOTH THE SERVICES AND MANUFACTURING SECTORS IN DECEMBER 2012. THE MARKET SENTIMENT WAS ALSO BOOSTED AFTER US LAWMAKERS REACHING A LAST-MINUTE DEAL TO AVERT THE SO-CALLED FISCAL CLIFF. BSE SENSEX, JUMPED 339.24 POINTS OR 1.74% TO 19,784.08 THE S&P CNX NIFTY ROSE 107.80 POINTS OR 1.82% TO SETTLE AT 6,016.15 FROM THE 30-SHARE SENSEX PACK, 26 STOCKS ROSE AND ONLY FOUR OF THEM FELL. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES (RIL) ROSE 2.43%INDEX HEAVYWEIGHT AND CIGARETTE MAKER ITC SHED 2.33% TO RS 282.40. FMCG MAJOR, HINDUSTAN UNILEVER GAINED 2.51%.IT PIVOTALS ROSE AS US LAWMAKERS EARLY THIS WEEK REACHED A LAST-MINUTE DEAL TO AVERT THE FISCAL CLIFF. US IS THE BIGGEST OUTSOURCING MARKET FOR THE INDIAN IT FIRMS. IT MAJOR TATA CONSULTANCY SERVICES (TCS) ROSE 2.54%.INFOSYS ANNOUNCES Q3 RESULTS ON 11 JANUARY 2013BANK STOCKS ROSE ACROSS THE BOARD. SHARES OF BANKING GIANT STATE BANK OF INDIA (SBI) ROSE 4.5% TO RS 2,484.80INDIA'S LARGEST PRIVATE SECTOR BANK BY NET PROFIT ICICI BANK ROSE 3.5% TO RS 1,182.20. THE STOCK STRUCK A 52-WEEK HIGH OF RS 1,184.75 IN INTRADAY TRADE FRIDAY, 4 JANUARY 2013. . EXPERT OPINION NIFTY WEEKLY PIVOTS NIFTY BANK NIFTY Nifty looks Consolidate Bank Nifty looks Consolidate Strategy: Sell on rise Strategy: Sell on rise Support:5960 Support: 12590 Resistance: 6080 Resistance: 12790 NIFTY WEELY PIVOTS PIVOTS R4 R3 R2 R1 PP S1 S2 S3 S4 NIFTY 6346 6223 6100 6058 5977 5935 5854 5731 5608 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 Cairn India 337.15 4098.72 327.50 9.65 2.95 GAIL India 371.15 1861.66 363.35 7.80 2.15 BPCL 374.00 1782.49 366.25 7.75 2.12 ONGC 284.80 7743.59 279.80 5.00 1.79 BHEL 242.80 3206.30 238.80 4.00 1.68 WEEKLY NIFTY LOOSERS . SCRIPS RATE VOL. PR. CLOSE NET % CHANGE (000) CHANGE Tata Steel 433.50 3645.03 442.30 -8.80 -1.99 Jindal Steel & 457.80 2923.99 466.35 -8.55 -1.83 Power Hindalco 132.55 5798.69 134.40 -1.85 -1.38 Sesa Goa 201.70 1375.96 204.40 -2.70 -1.32 HDFC 837.70 2043.11 845.50 -7.80 -0.92 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. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
"WEEKLY EQUTY REPORT BY EPIC RESEARCH- 07-JAN-2013"