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Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

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The next batch of quarterly earnings, movement of rupee, trend in investment by foreign institutional investors and trend in global markets will dictate trend on the bourses in a truncated trading week.

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Page 1: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

Equity Weekly Update For the week 5th August to 9th August 2013

Nifty 5678.45 - 207.75 Nifty Future 5700.00 - 226.85Sensex 19164.02 - 584.17

Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

The next batch of quarterly earnings, movement of rupee, trend in investment by foreign institutional investors and trend in global markets will dictate trend on the bourses in a truncated trading week. The stock market remains closed on Friday, 9 August 2013, on account of Ramzan Id. Shares of Bharat Heavy Electricals, Coal India and Grasim Industries will on Monday, 5 August 2013, react to their respective quarterly results which will be out on Saturday 3 August 2013.

On the macro front, good rains this year may boost farm output which in turn could help ease food inflation. Higher farm production could boost rural incomes and consumer spending at a time overall economic growth has slowed down. Rupee's volatility against the dollar remains a concern. The rupee has declined sharply against the dollar in the past few months.

Page 2: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

Weekly Movement of Market

Key Indices Level Change Change (%)Nifty 5678.45 -207.75 -3.53

Sensex 19164.02 -584.17 -2.96

Bank Nifty 9973.2 -492.05 -4.70

CNX IT 7850.75 187.75 2.45

NSE Midcap 6909.75 -211.15 -2.97

BSE Auto 10349.61 -300.21 -1.52

BSE FMCG 6697.3 -581.81 -7.99

BSE Metal 6515.07 -463.75 -6.65

BSE Oil & Gas 8386.77 -477.75 -5.39

BSE Power 1422.32 -162.39 -10.25

BSE PSU 5174.9 -522.97 -9.18

BSE Reality 1211.82 -209.93 -14.77Top Gainer/ Level Change Change (%)Loser BSE

Wipro Ltd 438.75 46.80 11.94

Sun TV 425.40 42.90 11.22

TTK Prestige 3612.85 247.60 7.36

Titan Ind Ltd. 281.70 19.30 7.36

Ipca Lab 673.60 44.10 7.01

Financial Tech 151.25 -481.75 -76.11

Sun Pharma. 555.05 -572.55 -50.78

MCX 409.65 -305.10 -42.69

JPAssociates 29.70 -17.50 -37.08

Wockhardt 422.45 -238.45 -36.08Global Markets Level Change Change (%)

AsianShanghai 2029.42 18.57 0.92

Nikkei 14466.16 336.18 2.38

HangSeng 22190.97 222.02 1.01European

FTSE 6,647.87 93.08 1.42

CAC 4,045.65 76.81 1.94

DAX 8,406.94 162.03 1.97US

DJIA 15,658.36 99.53 0.64

NASDAQ 3,689.59 76.42 2.12

Weekly Chart Nifty

Technical View – On the daily chart of nifty we can see nifty unable to break its resistance level of 6100 and given profit booking rally from that levels. Currently nifty is trading bellow its 8 day, 13 days and 21 days EMA and near its support level of 5630. Investors with short position can book there profit on current levels.

Weekly Round up: - BSE Small & Mid Cap indices slump

Key benchmark indices edged lower in the week ended Friday, 2 August 2013, as the Reserve Bank of India (RBI) kept its key lending rate viz. the repo rate steady after a monetary policy review, with the central bank focusing on managing the currency volatility rather than pushing for growth. Indian stocks declined in each of the five trading sessions during the week.

In the week ended Friday, 2 August 2013, the 30-share S&P BSE Sensex dropped 584.17 points or 2.96% to 19,164.02. The 50-unit CNX Nifty fell 207.75 points or 3.53% to 5,677.90.

The S&P BSE Mid-Cap index fell 6.07% and the S&P BSE Small-Cap index declined 6.13%. Both these indices underperformed the Sensex

In this week FIIs were the net buyer worth Rs. 629.12 crores & DIIs were the net seller worth Rs. 1278.50 crores.

Page 3: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

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Page 4: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

Institutional Activities (Rs Cr)

FIIs Buy Sold Net

Monday 2180.38 2412.15 -231.77

Tuesday 2545.31 2288.86 256.45

Wednesday 5007 .17 4864.30 142.87

Thursday 3704.13 3526.35 177.78

Friday 3358.14 3074.35 283.79

DIIs Buy Sold Net

Monday 1108.18 1209.44 -101.26

Tuesday 1256.61 1671.61 -415.00

Wednesday 1791.08 1919.10 -128.02

Thursday 1263.28 1556.90 -293.62

Friday 1174.47 1515.07 -340.60

Highlights of the Week

Calls for the Week

Stock on the Move: - M&M

Technical View: - On the daily chart of M&M we can see stock current trend is down. Currently stock is trading bellow its 8 days, 13 days and 21 days EMA. Stock has broken its support level of 865 with good volume. Investor can make short position in stock near 860 with stop loss of 875 for target price of 830.

Page 5: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

National Spot Exchange payment crisis fears ebb

Blow to another MNC as patent for GSK's drug revoked

Ambani-Mamata discuss Haldia Petrochem, 4G

Tatas to open 36 hotels in four years

A new spoke in the urban transport wheel

Tatas to focus on beverages 'power brands'

Deutsche Bank India raises deposit rates

Tech Mahindra inks MoU with select universities

Magma Fincorp mulls financing agricultural equipment

Diageo integration with USL takes off

Karnataka Bank net up 13%

Call for greater industry-academia tie-up

Diageo sees some 'soft spots' in emerging markets as sales riseOdisha defends reservation of mines in favour of OMC

Berger Paints to hike prices in September as rupee weakensApparel retail industry clocks 12% like-to-like sales growth

CCI studying agri market to probe vegetable price rise

Cabinet decision to increase retirement age deferred

EY to promote 'Brand UP'

Iron ore output likely to fall

CFTRI tries its hand at newer areas

Progress on large projects in state satisfactory: Centre

Centre to spend Rs 3,100 cr on road construction in NE

Rupee hits all-time low as RBI struggles to stem fall

Rollback of curbs only after rupee stabilisation, says

SubbaraoSBI sees 20% credit growth

Page 6: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

Derivative Trend

Page 7: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

3000FII'S Activity in F&O Previous Ten Session 450,000

2500400,000

2000 350,000

1500300,000

250,0001000

200,000

500 150,000

0 100,000

1 2 3 4 5 6 7 8 9 10 50,000-500

0-1000 5800

Call

Put

5900 6000 6100 6200 6300

Page 8: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

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Page 9: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

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Page 10: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

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Page 11: Weekly Outlook: - Next batch of Q1 results, rupee movement may dictate trend

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