Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
09 Dec 2016 | 10:07 PM
Research Report
Daily

Equity Research Report: Religare Morning Digest

Keeping in mnid the broader chart formation, We may see continuation of the down trend in future with intermediate technical bounce and consolidation.
05 Aug 2013 | 07:15 AM

    Highlights for Today
Market Outlook for the day - Keeping in mnid the broader chart formation, We may see continuation of the down trend in future with intermediate technical bounce and consolidation.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 19470 19290 19164.02 19080 18930
NIFTY 5780 5720 5677.90 5650 5600
BANK NIFTY 10150 10060 9997.80 9930 9850
CNXIT 7950 7900 7858.35 7820 7760
 
Corporate News

Siemens reported net loss of Rs 48.82 crore in Q3 June 2013, as against net profit of Rs 36.19 crore in Q3 June 2012.

Bajaj Corp has reported 24.96% increase in standalone net profit at Rs 47.01 crore for the first quarter ended June 30, 2013. Income from operations stood at Rs 170.04 crore during April-June quarter compared with Rs 138.04 crore during the same period last year.

Ashok Leyland commercial vehicle sales during July 2013 fell 10% to 6,259 units compared with 6,982 units in July 2012. For the April-July period this year, the total sales of commercial vehicle were 21,159 units against 27,221 units in the same period last year, marking a fall of 22%.

ITC Ltd plans to invest nearly Rs 300 crore to add 48 MW wind power generation capacity by early next fiscal.

Tata Motors reported 29.96% decline in total vehicle sales at 51,468 units in July, 2013. The company had sold 73,491 units in the same month last year.

Castrol India reported 27% rise in the June quarter net profit at Rs 153.6 crore as against Rs 120.9 crore in the same period a year ago.

Results on 05 August 2013: EIL, Tata Chemicals, Aptech, Radico Khaitan, IL&FS Engineering, NDTV, GTL infra.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
KOTAKBANK SELL FUT 654.5 660-665 678 620 3-5 DAYS
 
Fundamental Picks for delivery (1 - 2 Years)
Large Caps ACC, Bajaj-Auto, HCL Tech, HUL, M&M, NTPC, Sun Pharma, Lupin,
ITC, L&T, TCS, Adani Ports&SEZ
Midcaps & Small Caps GCPL, Bata India, Shriram Transport Finance,
M&M Financial Services, Havells India, Bajaj Corp Ltd, LIC housing, Yes Bank
Note – For our running recommendations and past performance, please click here
    Market Roundup
 
Key benchmark indices edged lower in choppy trade as better-than-anticipated US economic data raised expectations that the Federal Reserve will slow the pace of monetary stimulus to the US economy. Selected Pharma and IT stocks witnessed selective buying only. The Consumer Durable sector was the major gainer, on the flip side Metal, Power and Realty sectorwere the major laggards. The dismal performance of big corporates during the Q1 earnings also adversely affected the sentiments. Market breadth remain negative.
 
 
Regenerate OTP
Thank You for your interest in Religare Online. Our Representative will get in touch with you shortly.