DAILY REPORT 20th SEPT. 2013 YOUR MINTVISORY Call us at +91-731-6642300 Global markets at a glance The Fed move not to make any cuts in its USD 85 billion- monthly bond buying program surprised global markets positively. The indexes in Thailand and the Philippines rose more than 3 percent, and the S.&P./ASX 200 index in Australia rose 1.1 percent. European stock markets also rose early Thursday. The FTSE 100 rose 1.4 percent soon after trading opened in London, and the main indexes in Germany and France rose 1.2 percent. Wall Street Update J.P. Morgan agreed to pay more than $920 million to settle with the SEC, the Office of the Comptroller of the Cur- rency, the Federal Reserve and the U.K.'s Financial Con- duct Authority over a trading blunder that cost the bank more than $6 billion. Previous day Roundup Market cheered the US Federal Reserve’s decision on bond purchases, lifting the Sensex by 684.48 points to a 34month high of 20646.64 on Thursday and The Nifty gained 216.10 points to close at 6115.55. The market is now keenly awaiting the RBI’s monetary policy on Tomor- row. Index stats Bank stocks were the star performers of the day, on hopes that the RBI would ease some of the liquidity curbs it had placed in July to protect the rupee. The Bank Nifty & Bankex both gained 6.71% & 6.78% respectively. All the other sectors also resulted upside closing in yester- day’s session; Consumer Durables [up 93.18pts], , Oil & Gas [up 268.68pts], TECK [up 32.73pts], PSU [up 200.18pts], Metals [up 320.41pts], Capital Goods [up 377.54pts], AUTO [up 315.82pts], Healthcare [up 124.04pts], Power [up 39.18pts] REALTY [up 69.86pts], FMCG [up 220.54pts]. all traded upward except IT which was down by 15.28pts. World Indices Index Value % Change D J l 15,636.55 -0.26 S&P 500 1,722.34 -0.18 NASDAQ 3,789.38 +0.15 EURO STO 2,936.20 +0.94 FTSE 100 6,625.39 +1.01 Nikkei 225 14,771.62 +0.04 Hong Kong 23,502.51 +1.67 Top Gainers Company CMP Change % Chg PNB 556.00 46.85 +9.20 BANKBARODA 579.00 48.40 +9.12 JPASSOCIAT 42.40 3.45 +8.86 KOTAKBANK 772.60 57.75 +8.08 SBIN 1,808.45 134.80 +8.05 Top Losers Company CMP Change % Chg HCLTECH 1,022.00 6.80 -0.66 INFY 3,010.00 7.15 -0.24 COAL INDIA 297.00 0.40 -0.13 Stocks at 52 Week’s high Symbol Prev. Close Change %Chg BRITANNIA 764.00 11.35 +1.51 CRISIL 1,181.00 36.95 +3.23 DENSO 128.00 2.05 +1.63 PGIL 156.15 4.30 +2.83 RCOM 160.40 17.15 +11.97 Top Losers Company CMP Change % Chg NIFTY 6,115.55 +216.10 +3.66 SENSEX 20,646.6 +684.48 +3.43 Stocks at 52 Week’s Low Symbol Prev. Close Change %Chg FIRSTLEASE 17.40 1.90 -9.84 HTMEDIA 83.00 0.30 -0.36
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DAILY REPORT
20th SEPT. 2013
YOUR MINTVISORY Call us at +91-731-6642300
Global markets at a glance
The Fed move not to make any cuts in its USD 85 billion-
monthly bond buying program surprised global markets
positively.
The indexes in Thailand and the Philippines rose more than
3 percent, and the S.&P./ASX 200 index in Australia rose
1.1 percent.
European stock markets also rose early Thursday. The
FTSE 100 rose 1.4 percent soon after trading opened in
London, and the main indexes in Germany and France rose
1.2 percent.
Wall Street Update
J.P. Morgan agreed to pay more than $920 million to settle
with the SEC, the Office of the Comptroller of the Cur-
rency, the Federal Reserve and the U.K.'s Financial Con-
duct Authority over a trading blunder that cost the bank
more than $6 billion.
Previous day Roundup
Market cheered the US Federal Reserve’s decision on bond
purchases, lifting the Sensex by 684.48 points to a
34month high of 20646.64 on Thursday and The Nifty
gained 216.10 points to close at 6115.55. The market is
now keenly awaiting the RBI’s monetary policy on Tomor-
row.
Index stats
Bank stocks were the star performers of the day, on hopes
that the RBI would ease some of the liquidity curbs it had
placed in July to protect the rupee. The Bank Nifty &
Bankex both gained 6.71% & 6.78% respectively.
All the other sectors also resulted upside closing in yester-
STOCKS IN NEWS Tata Sons, Singapore Airlines to form JV; invest $100 million for carrier in India SBI increases base rate to 9.80 per cent, makes loans costlier Odisha prepares draft pact for Jindal's Rs 42K cr CTL project United States follows India on disclosure of CEO-staff pay ratio at companies.
19/09/13 USD/INR SEP SELL 63.00 62.66-62.20 NOT EXECUTED
19/09/13 GBP/INR SEP SELL 100.30 99.87-99.40 NOT EXECUTED
19/09/13 USD/INR SEP BUY 63.90 64.43-64.67 NOT EXECUTED
19/09/13 GBP/INR SEP BUY 101.60 101.87-102.24 NOT EXECUTED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
19/09/13 NIFTY FUTURE BUY 5900-5920 5950-5980 5860 NOT EXECUTED
19/09/13 ORIENTAL BANK FUTURE BUY 173-175 178-181 169 BOOKED FULL PROFIT
19/09/13 YESBANK FUTURE BUY 315-320 325-335 300 NOT EXECUTED
19/09/13 PANACEA BIOTECH
CASH BUY 135 139-145 128 BOOKED FULL PROFIT
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