Indian Indices
Global Indices
Commodity (SPOT)
Currency (SPOT)
08 Dec 2016 | 3:42 AM
Research Report
Daily

Equity Research Report: Religare Morning Digest

Market Outlook for the day – Considering RBI monetary policy on Tuesday, Nifty is expected to remain volatile hence day traders are advised to trail stoplosses.
28 Jan 2014 | 07:00 AM
TAG's

    Highlights for Today
Market Outlook for the day - Considering RBI monetary policy on Tuesday, Nifty is expected to remain volatile hence day traders are advised to trail stoplosses.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 21000 20870 20707.45 20575 20450
NIFTY 6230 6190 6135.85 6090 6040
BANK NIFTY 10875 10745 10540.40 10412 10275
CNXIT 10125 10020 9938.65 9850 9730
 
Corporate News

Tata Elxsi net profit surged 146.57% to Rs 21.55 crore on 27.73% increase in net sales to Rs 200.12 crore in Q3 December 2013 over Q3 December 2012.

Hindustan Unilever net profit rose 21.91% to Rs 1062.31 crore on 8.51% increase in total income to Rs 7366.01 crore in Q3 December 2013 over Q3 December 2012.

Adani Power reported a consolidated net loss of Rs 545 crore in Q3 December 2013, lower than net loss of Rs 619.01 crore in Q3 December 2012.

Symphony net profit rose 48.18% to Rs 24.79 crore on 29.46% increase in total income from operations to Rs 119.26 crore in Q2 December 2013 over Q2 December 2012.

Adani Ports and Special Economic Zone consolidated net profit rose 25% to Rs 451 crore on 16% growth in total income to Rs 1244 crore in Q3 December 2013 over Q3 December 2012.

Results on 28th January 2014: GIC Housing, IPCA Lab, JSW Steel, Jyothy Lab, Maruti Suzuki, NTPC, Pidillite.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
POWERGRID SELL FUT 96.40 97-98 100 93 3-5 DAYS
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
LUPIN SELL JAN FUT 898 905-907 922 865 3-5 DAYS
 
Fundamental Picks for delivery (1 - 2 Years)
Large Caps

Bajaj-Auto, HCL Tech, HUL, M&M, NTPC, Sun Pharma, Lupin, ITC, L&T, TCS, State Bank of India

Midcaps & Small Caps

Amara raja batteries, 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 plunged over 2% on Monday due to persistent selling by funds and retail investors owing to weak global cues and continued capital outflows. Domestic sentiment was also hit as investors remained cautious ahead of RBI's third quarter monetary policy review, quarterly earnings and the outcome of the Federal Open Market Committee (FOMC) meet. All BSE Sectoral indices were trading in the red with realty, banking, metal and auto indices posting steep losses of 6.82%, 3.97%, 3.81% and 3.33% respectively.
Regenerate OTP
Thank You for your interest in Religare Online. Our Representative will get in touch with you shortly.