RESEARCH VIA DAILY MARKET ANALYSIS ON NIFTY REPORT 30 JAN 2014

ECONOMY ANALYSIS

 ICICI Bank slips 2%, ITC & Reliance weak; Sensex loses
 Bharti Airtel Q3 net up 4.5%, hit by tax provision
 Fed may taper QE by $10bn in today's FOMC meet: JPMorgan
 ICICI Bank Q3 profit grows 13% on higher NII, other income
 FDI in India grew 17% to $28 bn in 2013: UNCTAD
 Heineken makes offer to up United Breweries stake
 Rajan guidance does not rule out rate hikes: Morgan Stanley

MARKET ANALYSIS
 The S&P BSE Sensex gave up intraday gains and slipped in the negative territory as profit-booking picked up in metals, banks and realty sector stocks.

 At 03:00 p.m.; the 30-share index was at 20,640.06, down 43.45 points, or 0.21 per cent. It touched a high of 20,828.68 and a low of 20,622.69 in trade today.

 The Nifty was at 6,116.75, down 9.50 points, or 0.16 per cent. It touched a high of 6,170.45 and a low of 6,113.90 in trade today.

 The S&P BSE Midcap Index was up 0.17 per cent and the S&P BSE Smallcap Index edged 0.06 per cent lower.

 Among sectoral indices, the S&P BSE Metal Index was down 1.50 per cent, the S&P BSE Bankex was 0.90 per cent lower and the S&P BSE Realty Index declined 0.68 per cent.

 Sesa Sterlite (3.23 per cent), Tata Steel (2.59 per cent), Hindalco (2.41 per cent), ICICI Bank (1.70 per cent) and Tata Motors (1.47 per cent) were among the major Sensex losers. 

RESEARCH VIA NIFTY REPORT 25 JAN 2014

ECONOMY ANALYSIS

 USFDA bans Ranbaxy's Toansa API plant, finds cGMP violation
 Sonia Gandhi's office refers traders demand to Anand Sharma
 Market sees Rajan holding rates on Tuesday: RBS survey
 India story intact, investors reposing confidence: Sharma
 Sensex, Nifty weak; Ranbaxy falls 20% post USFDA ban
 Wall St falls as China data trigger selloff in risky assets
 RBI aligns NBFC loan restructuring norms with banks.

MARKET ANALYSIS

 The S&P BSE Midcap Index fell 1.66 per cent and the S&P BSE Smallcap Index was down 1.81 per cent.
 The markets corrected sharply on the last trading day of the week on the back of weakness in global markets. Selling pressure was seen in rate sensitive sectors as as weak hands chose to remain on sidelines ahead of the Reserve Bank of India's policy review meet.

 "Markets were largely ranged during the week as specific stocks reacted to results. There was no major economic data domestically. However, on Friday markets did react to the weak economic data in China and US. Most of the results which have come are in line with our expectations with no major
deviations in most stocks," said Dipen Shah, Head- Private Client Group Research, Kotak Securities.

 The 30-share index ended at 21,133.56, down 240.10 points or 1.12 per cent. It touched a high of 21,333.66 and a low of 21,123.99 in trade today.

 The Nifty closed at 6,268.65, down 77 points or 1.21 per cent. It touched a high of 6,331.45 and a low of 6,263.90 in trade today. 

DAILY MARKET ANALYSIS ON NIFTY UPDATES 23 JAN 2014

ECONOMY ANALYSIS

 L&T Q3 net beats forecast, up 11% but revenues disappoint
 Quant Broking analyses Ashok Leyland Q3 earnings
 Market ends at highest closing level of 2014, pharma leads
 HDFC Q3 meets forecast, net rises 12% to Rs 1278 cr
 BoA, JPMorgan laud RBI report, peg yields way below 9%
 Zee Ent Q3 net up 10.5%, advertising revenues jump 34%
 Indiabulls Housing Fin Q3 PAT up 7%, pays Rs 7/sh dividend

MARKET ANALYSIS

 The BSE benchmark index Sensex today closed at record high of 21,337.67 points gaining 86.55 points as buying emerged in pharma, metal and banking stocks on expectations of strong corporate earnings and rate cut by the Reserve Bank.

 The 30-share barometer, which rose for the third straight day, surpassed its previous all-time high of 21,326.42 points set on December 9 when the results of Assembly elections were announced. The Sensex had gained 187.50 in the previous two trading sessions.

 The S&P BSE Sensex gained momentum in the last half-an-hour of trade and ended at all-time closing high on the back of gains in pharma, metals and oil & gas.

 The 30-share index ended at fresh record closing high of 21,337.67, up 86.55 points, or 0.41 per cent. It touched a high of 21,377.91 and a low of 21,168.43 in trade today. It breached its previous all-time closing high of 21,326.42; made on December 9, 2013. 

RESEARCH VIA DAILY MARKET ANALYSIS ON NIFTY 22 JAN 2014

ECONOMY ANALYSIS
 Kotak Mahindra Bank Q3 disappoints, net dips 6% to Rs 340cr
 Unilever beats forecasts as emerging markets rebound
 Suzlon to list REpower on LSE this year: Sources
 Tarriff cut not in interest of sector: former MERC member
 ONGC, OIL have to pay same dividend as FY13: Fin Min
 New RBI rules to impact unorganised gold loan cos: Muthoot
 Asian Paints slips 3% as Q3 margins decline to 15.6%

MARKET ANALYSIS
 The BSE benchmark index Sensex rose further by 46 points on sustained buying by funds in blue chips led by banks ahead of the RBI monetary policy meet amid a firming global trend.

 The 30-share index, which had gained 142 points in the previous session, advanced by 46.07 points, or 0.22 per cent, to close at 21,251.12 points. It touched a day's high of 21,302.52 points.

 The broad-based National Stock Exchange index Nifty rose by 9.85 points, or 0.16 per cent, to 6,313.80 points.

 Brokers said market sentiment improved after government decided to sell stake in Hindustan Zinc which might narrow down budget deficit.

 Shares of Hindustan Zinc rose 0.15 per cent to Rs 135.20 after the Cabinet Committee on Economic Affairs approved the sale of the government's residual stake.

 A firming trend in global stock markets also influenced the market sentiment to some extent, they added. 

RESEARCH VIA NIFTY REPORT FOR 06 JAN 2014

                                                  DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

 Fund-raising via IPOs sinks to 12-yr low in 2013

 ONGC finds fresh oil, gas reserves in KG field

 May revive GMR project to guard Indian investment: Maldives

 RIL to increase KG-D6 gas output

 Help pouring in for the homeless: Kejriwal

 Foreign retailers wary of entering food biz in India

 Oman's oil exports to India record high growth

MARKET ANALYSIS

 After dropping 157 points in early trade amid weak global cues, the Sensex today recouped some losses in the latter half on the back of continued strength in IT stocks to end the day with a 37-point fall.

 Selling in bluechips led by auto sector on reports of lower vehicle sales and funds offloading power and capital goods shares weighed on the market sentiment, traders said.

 Brokers said the falling auto sales in December dashed hopes of investors. Tata Motors dropped 2.49 per cent after the automaker reported 42 per cent fall in December sales, while Mahindra and

Mahindra lost 3.85 per cent.

 Yesterday, US stocks kicked off the new year in the red, falling in a sell-off following solid gains in 2013. The Dow Jones Industrial Average fell 135.31 points and the S&P 500 declined 16.38 points.

DAILY MARKET ANALYSIS ON NIFTY FROM RESEARCH VIA 2 JAN 2014

ECONOMY ANALYSIS

1. Singapore GDP contracts in Q4, hurt by sluggish manufacturing 
2. Lokpal Bill gets President's nod 
3. Price of non-subsidised LPG hiked by Rs 220 per cylinder 
4. Infosys ex-board member Balakrishnan joins AAP 
5. RBI may lower banks' exposure limit to single group
6. Govt may permit FDI in high speed trains, other projects 
7. ATF price hiked by over 2.7% 

MARKET ANALYSIS

1. The 50-share Nifty index is expected to open flat on Thursday in the absence of any major global cues. Tracking the momentum, the index is expected to retest its crucial psychological level of 6,300 in trade today.
2. At 07:30 a.m., Nifty India stock futures in Singapore were trading 9.50 points higher at 6360, indicating a flat-to-positive opening on the domestic market.
3. "Till the time it is unable to clear the level of 6360 the entire up move from 6129 would be termed as a corrective bounce and there would still be a risk of a retest of 6150 and below that 6000," GEPL Capital said in a note.
4.  Hong Kong's Hang Seng index was trading 0.2 per cent higher at 23,353.12 and South Korea's Kospi index was trading 0.3 per cent lower at 2,004.