25 May 2017 | 3:35 AM
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Equity Research Report: Religare Morning Digest

Going past 5750 levels will be the key for further run-up towards higher levels.
16 Aug 2013 | 07:00 AM

    Highlights for Today
Market Outlook for the day - Going past 5750 levels will be the key for further run-up towards higher levels.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 19690 19520 19367.59 19240 19090
NIFTY 5850 5790 5742.30 5700 5650
BANK NIFTY 10220 10090 10026.40 9910 9700
CNXIT 8050 8000 7956.10 7870 7840
 
Corporate News

LIC Housing Finance net profit jumped 36.34% to Rs 310.50 crore on 23.23% increase in total income to Rs 2177.93 crore in Q1 June 2013 over Q1 June 2012.

SAIL net profit declined 35.25% to Rs 450.91 crore on 5.08% fall in total income to Rs 10494.08 crore in Q1 June 2013 over Q1 June 2012.

Amara Raja Batteries net profit surged 29% to Rs 97.80 crore on 29% growth in net sales excluding other income to Rs 886.80 crore in Q1 June 2013 over Q1 June 2012.

HDIL consolidated net profit fell 84.57% to Rs 16.25 crore on 23.62% decline in total income to Rs 160.84 crore in Q1 June 2013 over Q1 June 2012.

GSPL net profit rose 1.1% to Rs 126.27 crore on 10.6% growth in net sales to Rs 296.06 crore in Q1 June 2013 over Q1 June 2012.

Escorts net profit jumped 215.6% to Rs 58.30 crore on 16.2% growth in net sales to Rs 1172.89 crore in Q3 June 2013 over Q3 June 2012.

McNally Bharat has bagged a Rs 217 crore order from NTPC for construction of an ash handling plant at the project site of the thermal power company at Kudgi in Karnataka.

GMR Infrastructure Ltd loss has widened in the first quarter to Rs 326.03 crore compared with the corresponding quarter loss of Rs 94.30 crore last year.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
IPCALAB BUY 668.2 660-662 650 698 3-5 DAYS
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
RELIANCE BUY AUG FUT 866.6 855-857 842 885 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 extended intraday gains in late trade. Among the BSE sectoral indices, Auto, Consumer Durables and Oil & Gas were the top gainers and its BSE indices closed 3.34%, 2.91% and 2.89% up respectively. Capital Goods, IT and Healthcare were among the losers. The market sentiment was boosted by data showing that foreign funds remained net buyers of Indian stocks on Tuesday. Tata Motors extended Tuesday's gains triggered by its British luxury car unit Jaguar Land Rover (JLR) reporting strong sales for July 2013. Steel Authority of India fell after declaring poor Q1 result.