Please refer to important disclosures at the end of this report Sebi Registration No: INB 010996539 1 Market Outlook India Research February 6, 2012 Dealer’s DiaryThe domestic markets are expected to open in the green tracking gap up opening in most of the Asian markets. Indian markets ended higher on Friday for a fourth day in a row on the back of heavy buying by FIIs. Globally, most of the US and European markets closed higher as traders reacted positively to a much better than expected report on the employment situation in the US in the month of January. With the stronger than expected job growth, the unemployment rate unexpectedly fell to 8.3% (lowest since February 2009) from 8.5% in the previous month. Also, a separate report from the Institute for SupplyManagement showed that non-manufacturing index rose to 56.8 in January from a revised 53.0 in December, with a reading above 50 indicating growth in the service sector. Indian investors this week, meanwhile, would keenly watch out for the domestic industrial production growth for the month of December due to be released on Friday.Also, consumer comfort index of US which will be released on coming Thursday will be on radar.Markets TodayThe trend deciding level for the day is 17539 / 5,305 levels. If NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rallyup to 17,696 – 17,787 / 5,355 – 5,385 levels. However, if NIFTY trades below 17,539 / 5,305 levels for the first half-an-hour of trade then it may correct up to 17,448 – 17,292 / 5,276 – 5,226 levels. Indices S2 S1 PIVOT R1 R2 SENSEX 17,292 17,448 17,539 17,696 17,787 NIFTY 5,226 5,276 5,305 5,355 5,385 News Analysis 3QFY2012 - Result Reviews – DRL, Madras Cements, HEG, TVS Srichakra, Subros 3QFY2012 - Result Previews – HUL, Nalco, GSKCH, MOIL, India Cements, BGR Energy, NCC, GIPCL Refer detailed news analysis on the following pageNet Inflows (February 02, 2012) ` cr Purch Sales Net MTD YTD FII 5,125 2,990 2,135 4,228 15,308 MFs 803 916 (113) 72 (1783) FII Derivatives (February 03, 2012) ` cr Purch Sales Net Open Interest Index Futures 1,590 1,482 107 12,408 Stock Futures 1,749 1,487 262 27,550 Gainers / Losers Gainers Losers Company Price ( ` ) chg (%) Company Price ( ` ) chg (%) Bajaj Finserv 495 8.8 Reliance Comm 94 (3.3) Tata Global 119 8.3 Hindalco Inds 153 (3.1) CESC 269 6.9 Hindustan Copp 299 (3.0) India Cements 94 6.8 Financial Tech 775 (2.9) Sintex Inds 98 6.6 Jindal Steel 556 (2.7) Domestic Indices Chg (%) (Pts) (Close) BSE Sensex 1.0 173.1 17,605 Nifty1.1 56.0 5,326 MID CAP 1.3 76.3 6,046 SMALL CAP 1.2 77.6 6,687 BSE HC 1.7 106.7 6,412 BSE PSU 1.1 80.4 7,486 BANKEX 1.4 163.5 11,644 AUTO 0.8 74.6 9,523 METAL (1.1) (131.1) 11,875 OIL & GAS 1.1 97.3 8,689 BSE IT 0.9 52.6 5,912 Global Indices Chg (%) (Pts) (Close) Dow Jones 1.2 156.8 12,862 NASDAQ 1.6 46.0 2,906 FTSE 1.8 105.0 5,901 Nikkei (0.5) (44.9) 8,832 Hang Seng 0.1 17.5 20,757 Straits Times 0.6 16.9 2,918 Shanghai Com 0.8 17.9 2,330 Indian ADRs Chg (%) (Pts) (Close) Infosys 2.9 1.6 $57.1 Wipro 2.1 0.2 $11.5 ICICI Bank 3.1 1.1 $38.3 HDFC Bank 3.4 1.1 $33.5 Advances / Declines BSE NSE Advances 1,692 88 Declines 1,200 560 Unchanged 111 83 Volumes ( ` cr) BSE 2,923 NSE 13,650
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