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Daily Equity Newsletter: Indian Market

The document provides a daily market summary and analysis for Indian and global equity markets on April 30th, 2013. Key highlights include: - Indian markets were up modestly, while European markets declined. - Hindustan Unilever surged over 17% on news of an open offer from its parent company Unilever. - The Finance Bill for 2013-14 was passed with some amendments, including a cut in withholding tax on foreign debt investments. - Nifty and Bank Nifty technical indicators point to bearish trends in the short term.

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40 views

Daily Equity Newsletter: Indian Market

The document provides a daily market summary and analysis for Indian and global equity markets on April 30th, 2013. Key highlights include: - Indian markets were up modestly, while European markets declined. - Hindustan Unilever surged over 17% on news of an open offer from its parent company Unilever. - The Finance Bill for 2013-14 was passed with some amendments, including a cut in withholding tax on foreign debt investments. - Nifty and Bank Nifty technical indicators point to bearish trends in the short term.

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© Attribution Non-Commercial (BY-NC)
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HEADLINES

-=6

Indian Market
Indian equity markets were up 0.60% Nifty up by 26.10 pts and settle at 5930.20 Sensex up by 116.68 pts at 19504.18 Bank Nifty down by 47.65 pts at 12561.50

DAILY EQUITY NEWSLETTER


2 MAY 2013
ND

Global Market

European markets were down with FTSE down by 6.38 closed at 6451 ,CAC down by 12.86 closed at 3855 and DAX up 43.71 closed at 7917 Dow future was 14740.00 down by 8 closed at

HEADLINES
Unilever offer for 22.5% in Hindustan Unilever at Rs 600 Finance Bill to be tabled on Tuesday with 12 amendments Coalgate case: Why was court kept in the dark, says SC OMCs may cut petrol prices by Rs 1.502/ltr effective May 1

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09752199966

MARKET ANALYSIS:
Key benchmark indices edged higher in volatile after the Lok Sabha passed the Finance Bill for the 2013-14 fiscal year. The market breadth, indicating the overall health of the market, was negative. The barometer index, the S&P BSE Sensex, was provisionally up 102.07 points or 0.53%, off about 130 points from the day's high and up close to 170 points from the day's low. Index heavyweight and cigarette major ITC edged higher. Index heavyweight Reliance Industries (RIL) edged lower in choppy trade. Indian stocks gained for the second straight day today, 30 April 2013 FMCG major Hindustan Unilever (HUL) surged over 17% to hit record high after the company's foreign parent Unilever PLC announced open offer to acquire additional 48.70 crore shares, or 22.52% stake in Hindustan Unilever at substantial premium to the ruling market price. Godrej Consumer Products (GCPL) declined after reporting its Q4 results. Dabur India hit record high on good Q4 results. Realty stocks fell on profit booking after recent gains triggered by rate cut expectations. Petronet LNG rose after Q4 results. The the Finance Bill for the 2013-14 fiscal year was passed by Lok Sabha today, 30 April 2013, with some amendments and without debate after Opposition walkout. The bill now go to Rajya Sabha and then to the President for his assent. Among a key amendment, Finance Minister P Chidambaram cut the withholding tax on interest payments to foreigners on government and corporate debt to 5% from up to 20% for a two-year period from 1 June 2013 to 31 May 2015.

FIIs and DIIs


CATEGORY DATE BUY SELL NET

STOCKS TO WATCH

TCS INFOSYS MARUTI LIC

FII DII

29-Apr-13 29-Apr-13

2855.4 1014.58

2235.02 1380.78

620.38 -366.2

NIFTY DAILY PIVOTS


PIVOT NIFTY R4 6204 R3 6109 R2 6014 R1 5972 PP 5919 S1 5877 S2 5824 S3 5729 S4 5634

SCRIPS IN BAN PERIOD

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GAINERS AND LOOSERS

EXPERT OPINION
NIFTY

DAILY NIFTY GAINERS


SCRIPS RATE VOL. (000) PR. CLOSE NET CHAN GE % CHANG E

Nifty looks Bearish Strategy: Sell on rise Support: 5900 Resistance: 5960
BANK NIFTY

HUL HCL M&M Lupin Sesa Goa

583.80 721.40 924.10 702.60 158.75

19185.54 1846.74 1240.92 588.63 2624.07

497.35 700.80 902.20 686.60 155.20

86.45 20.60 21.90 16.00 3.55

17.38 2.94

Bank Nifty looks Bearish Strategy: Sell on rise Support: 12500 Resistance: 12620 460

2.43

2.33 2.29

.0 PREVIOUS PERFORMANCE
TYPE SCRIP B/S RESULT

DAILY NIFTY LOOSERS


SCRIPS RATE VOL. (000) PR. CLOSE NET CHAN GE % CHAN GE

CASH CASH

OMGC ALLAHBAD BANK ANDHRA BANK APOLLO TYRE

B B S B

SL TRIGERRED SL TRIGERRED TGT HIT TGT HIT

IDFC JP Associate PNB Indusind Bank HDFC

152.95 75.25 767.9 467.75 847.6

5352.15 18956.03 547.29 1179.4 2710.73

156.85 77.05 784.8 477.7 864.2

-3.9 -1.8 -16.9 -9.95 -16.6

-2.49 FUTURE -2.34 -2.15 -2.08 -1.92 FUTURE

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09752199966

MARKET CALLS
6
SCRIPS AMBUJA IDBI ACTION BUY BUY LEVEL 187.00 89.00

CASH
1ST TARGET 188.00 90.00 2ND TARGET 189.00 91.00 STOP LOSS 186.00 88.00

FUTURE
SCRIPS . HCL BUY 723.00 729.00 735.00 715.00 ACTION LEVEL 1
ST

TARGET

ND

TARGET

STOP LOSS

KARNATAKA BANK

BUY

150.00

151.00

152.00

149.00

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