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WEEKLY EQUTY REPORT BY EPIC RESEARCH- 07-JAN-2013

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WEEKLY EQUTY REPORT BY EPIC RESEARCH- 07-JAN-2013 Powered By Docstoc
					                                                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.




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    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




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