DAILY REPORT 19th SEPT. 2013 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance Key Asian indices end the day in the green. European mar- kets edge higher and the US futures indicate a positive opening for Wall Street. Asian stocks rose, with the regional benchmark index trad- ing near a four-month high . Hong Kong’s Hang Seng Index slipped 0.3 %and Taiwan’s Taiex Index slid 0.5 percent. China’s Shanghai Composite Index added 0.3 percent, while Singapore’s Straits Times Index climbed 0.5 %. Asian shares and currencies looked set to surge today morning after the U.S. Federal Reserve stunned markets Wall Street Update The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs more evidence of lasting improvement in the econ- omy and warning that an increase in interest rates threat- ened to curb the expansion. Wall Street banks, facing a drop in third-quarter trading revenue. Banks including JPMorgan Chase & Co. (JPM) and Barclays Plc (BARC) have indicated to investors that trading revenue for the period probably will be down from a year earlier. Previous day Roundup After opening on a weak note and tepid trading session, the Sensex closed at 158.13 points or 0.80 %at 19962.16. The Nifty too managed to end above the 5900 level at 5909.90, up 59.70 points. About 1209 shares have ad- vanced, 1105 shares declined, and 179 shares are un- changed. Index stats Bank Nifty & Bankex both gained 1.64%& 1.56% respec- tively, while all the sectors also resulted upside closing in yesterday’s session; Consumer Durables [up 24.97 pts], IT [11.82 pts], Oil & Gas [up 74.14pts], TECK [up 10.32pts], PSU [up 43.12pts], Metals [up 1.18pts], Capital Goods [up 41.03pts], AUTO [up 1.44 pts], Healthcare [up 74.30pts], Power [up 7.52pts] REALTY [up 25.98pts], FMCG [up 92.68pts]. traded upward. World Indices Index Value % Change D J l 15,676.94 +0.95 S&P 500 1,725.52 +1.22 NASDAQ 3,783.64 +1.01 EURO STO 2,908.92 +0.62 FTSE 100 6,558.82 -0.17 Nikkei 225 14,657.73 +1.05 Hong Kong 23,517.51 +1.73 Top Gainers Company CMP Change % Chg DLF 161.40 7.55 +4.91 NTPC 145.75 5.60 +4.00 TATAPOWER 78.60 3.00 +3.97 GRASIM 2,613.15 93.75 +3.72 BANKBARODA 534.90 17.15 +3.31 Top Losers Company CMP Change % Chg BHEL 130.50 6.05 -4.43 HEROMOTOCO 2,012.00 61.15 -2.95 SESAGOA 177.75 2.80 -1.55 CAIRN 318.85 4.50 -1.39 NMDC 122.70 1.20 -0.97 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg CMAHENDRA 206.00 5.65 +2.82 DENSO 126.00 0.30 +0.24 FSL 15.85 0.70 +4.68 GALLISPAT 190.90 14.25 +8.07 LAOPALA 467.00 18.30 +4.08 Top Losers Company CMP Change % Chg NIFTY 19,962.16 158.13 +0.84 SENSEX 5,899.45 49.25 +0.80 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg GODREJPROP 378.65 -2.70 -0.71 HTMEDIA 82.95 -2.80 -3.27
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Transcript
DAILY REPORT
19th SEPT. 2013
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
Key Asian indices end the day in the green. European mar-
kets edge higher and the US futures indicate a positive
opening for Wall Street.
Asian stocks rose, with the regional benchmark index trad-
ing near a four-month high . Hong Kong’s Hang Seng Index
slipped 0.3 %and Taiwan’s Taiex Index slid 0.5 percent.
China’s Shanghai Composite Index added 0.3 percent,
while Singapore’s Straits Times Index climbed 0.5 %. Asian
shares and currencies looked set to surge today morning
after the U.S. Federal Reserve stunned markets
Wall Street Update
The Federal Reserve unexpectedly refrained from reducing
the $85 billion pace of monthly bond buying, saying it
needs more evidence of lasting improvement in the econ-
omy and warning that an increase in interest rates threat-
ened to curb the expansion.
Wall Street banks, facing a drop in third-quarter trading
revenue. Banks including JPMorgan Chase & Co.
(JPM) and Barclays Plc (BARC) have indicated to investors
that trading revenue for the period probably will be down
from a year earlier.
Previous day Roundup
After opening on a weak note and tepid trading session,
the Sensex closed at 158.13 points or 0.80 %at 19962.16.
The Nifty too managed to end above the 5900 level at
5909.90, up 59.70 points. About 1209 shares have ad-
vanced, 1105 shares declined, and 179 shares are un-
changed.
Index stats
Bank Nifty & Bankex both gained 1.64%& 1.56% respec-
tively, while all the sectors also resulted upside closing in
yesterday’s session; Consumer Durables [up 24.97 pts], IT
[11.82 pts], Oil & Gas [up 74.14pts], TECK [up 10.32pts],
PSU [up 43.12pts], Metals [up 1.18pts], Capital Goods [up
41.03pts], AUTO [up 1.44 pts], Healthcare [up 74.30pts],
STOCKS IN NEWS TVS Motor Co eyes over 10 per cent sales growth this fiscal, launches 'Jupiter' scooter. Suzlon unit REpower UK bags 4 contracts. Power Ministry favors returning surplus coal to Coal India. ICICI Ventures invests Rs 150 crore in Adlabs Imagica. GMR sells 74% stake in Ulundurpet Expressways for Rs 222 crore.
NIFTY FUTURE
Nifty Future as expected closed in the green but facing
strong resistance near 6000 & support near 5850. We
advise buying around 5900-5920 with strict stop loss of
18/09/13 GBP/INR SEP SELL 100.15 99.87-99.40 NOT EXECUTED
18/09/13 JPY/INR SEP SELL 63.20 62.90-62.45 NOT EXECUTED
18/09/13 GBP/INR SEP BUY 101.80 102.24-102.99 NOT EXECUTED
18/09/13 JPY/INR SEP BUY 64.75 65.09-65.42 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
18/09/13 NIFTY FUTURE BUY 5830-5850 5900-5920 5800 NOT EXECUTED
18/09/13 RAYMOND FUTURE BUY 230-232 237-239 225 BOOKED PROFIT
18/09/13 YESBANK FUTURE BUY 300 305-309 292 BOOKED FULL PROFIT
18/09/13 HEIDELBERG CEMENT
CASH BUY 38.50 40-42 34 NOT EXECUTED
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