TECHNICALVIEW

MOVINGAVERAGE 21DAYS 50DAYS 100DAYS 200DAYS

NIFTY 8817 8660 8471 8096BANKNIFTY 19250 19147 18434 16934

NIFTYPIVOTREPORT

DAILY R2 R1 PP S1 S29346 9088 8959 8830 8572

WEEKLY R2 R1 PP S1 S29946 9328 9019 8710 8372

MONTHLY R2 R1 PP S1 S210136 9332 8930 8528 7714

BANKNIFTYPIVOTREPORT

DAILY R2 R1 PP S1 S221245 20287 19808 19329 18371

WEEKLY R2 R1 PP S1 S223741 21285 20057 18829 16373

MONTHLY R2 R1 PP S1 S224156 21228 19764 18300 15372

NSEEQUITYDAILYLEVELS

COMPANY NAME R3 R2 R1 PP S1 S2 S3

ACC EQ 1807 1753 1723 1699 1669 1645 1591ALBK EQ 111 109 107 106 105 103 101

AMBUJACEM EQ 286 279 276 272 269 265 258ASIAN PAINT EQ 861 847 840 834 827 820 807AXISBANK EQ 651 632 624 613 605 594 575BAJAJ-AUTO EQ 2189 2155 2137 2121 2103 2087 2053BANKBARODA EQ 195 188 186 182 180 176 170BANKINDIA EQ 246 237 233 229 224 220 212

BHEL EQ 285 277 273 269 266 262 254BHARTIARTL EQ 363 355 351 347 343 339 332CIPLA EQ 779 758 749 737 727 715 694COALINDIA EQ 393 380 371 366 358 353 340DLF EQ 162 157 155 153 151 149 144DRREDDY EQ 3548 3486 3462 3425 3400 3363 3301GAIL EQ 422 412 405 401 395 391 380GRASIM EQ 4121 3969 3876 3817 3724 3664 3512HCLTECH EQ 2134 2095 2077 2056 2039 2018 1979HDFC EQ 1458 1422 1407 1387 1372 1351 1315HDFCBANK EQ 1134 1107 1096 1079 1069 1052 1024HEROMOTOCO EQ 2711 2659 2630 2607 2578 2555 2503HINDALCO EQ 163 156 152 149 144 142 135HINDUNILVR EQ 998 965 952 932 919 900 867ICICIBANK EQ 365 355 351 345 341 335 326ITC EQ 360 353 350 345 342 338 331INDUSIND BANK EQ 957 932 923 908 898 883 853INFY EQ 2344 2285 2253 2226 2164 2167 2108JINDALSTEL EQ 210 203 199 197 193 190 183KOTAKBANK EQ 1438 1413 1397 1388 1372 1363 1338LT EQ 1848 1832 1826 1815 1809 1799 1782M&M EQ 1256 1237 1229 1217 1209 1197 1177MRF EQ 42322 41777 41508 41231 40963 40686 40140MARUTI EQ 3714 3679 3665 3644 3630 3609 3574ONGC EQ 325 320 318 316 314 311 307ORIENTBANK EQ 249 244 242 238 236 233 228RANBAXY EQ 868 837 824 805 793 774 742RCOM EQ 67.40 66.90 66.30 66.20 65.80 65.60 65.40RELCAPITAL EQ 491 480 473 468 462 457 446RELIANCE EQ 908 897 891 885 879 874 862RELINFRA EQ 507 494 486 480 472 467 453RPOWER EQ 62.52 61.17 60.33 59.82 58.98 58.47 57.12SSLT EQ 218 211 206 203 199 196 189SBIN EQ 299 295 293 291 289 286 282SUNPHARMA EQ 1112 1073 1058 1033 1018 993 953TATAMOTORS EQ 591 579 574 568 563 557 545TATAPOWER EQ 88 85.70 84.25 83.40 81.95 81.10 78.80TATASTEEL EQ 351 346 343 340 337 335 330UNIONBANK EQ 177 173 171 169 167 165 161

NSE WEEKLY NEWS UPDATE

FIIs inflow reaches Rs 21,000cr so far in January

Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital marketssince the beginning of the month owing to easing inflation and rate cut by Reserve Bank ofIndia (RBI). Foreign Institutional Investors (FIIs) have bought shares worth Rs 5,992 crore($977 million) till January 23, while bought debt worth Rs 15,336 crore ($2.5 billion) takingthe total investment to Rs 21,328 crore ($3.45 billion), latest data with Central DepositoryServices Ltd (CDSL) showed.

Pipavav Defense stock crashes 12%Pipavav Defense and Offshore Engineering stock plunged 12% at Rs. 60.The stock has hit ahigh of Rs. 65 and a low of Rs. 60.Total traded quantity on the counter stood at over 19.98 lkshares.Anil Ambani, Chairman, Reliance ADAG Group, says he will leave no stone unturned tomake Pipavav Defence and Offshore Engineering Indias biggest defence manufacturer. AnilAmbani, met with employees of Pipavav Defence and Offshore Engineering workers besidesmeeting Nikhil Gandhi of the Pipavav Group.Pipavav Defence has one of the world's largestInfrastructure facilities - spread over 841 acres of land on the West Coast of India (Gujarat),Gulf of Cambay, with 210 acres of fully developed water front land and 250 acres developedfor shipbuilding.

Sun Pharma-Ranbaxy merger receives HC nod

The Punjab & Haryana High Court has given approval to the merger of Sun Pharma andRanbaxy. After the deal, Sun Pharma will become the worlds fifth-largest generic drug maker,says report.Ranbaxy Laboratories Ltd has announced that the High Court of Punjab & Haryanahas orally pronounced the Order on March 09, 2015, approving the Scheme of Arrangementinvolving merger of Ranbaxy Laboratories Ltd. with Sun Pharmaceutical Industries Ltd. underSections 391 to 394, Sections 78 and 100 of the Companies Act. 1956 and Section 52 of theCompanies Act, 2013.Under the deal, Ranbaxy shareholders will get 0.8 Sun Pharma share foreach Ranbaxy share held.

Suzlon Energy plans to sell forging and foundry company

Suzlon Energy is reportedly planning to sell its forging and foundry company. The company

invested Rs 1,000 crore in forging and foundry company. "We are in the process of divestingstake in our forging company, SE Forge. If and when we get good valuation, we will exit asforging and foundry are not our core business," Suzlon Chairman Tulsi Tanti reported.Thecompany is focused on profitably rationalising all aspects of our overall business and plans tosell, which comprise 3-4 manufacturing units, senior company executive reported.

India's growth will be stronger than the average global rate

Moody's in a statement reportedly said India's growth will be stronger than the average globalrate.Moody's also predicted a robust growth for India.India's budget prioritises growth overdeficit reduction which will increase the needs for new sources of long- term funding, Moody'sreported."While the government has injected its own capital to support various reforminitiatives, securitisation could play a significant role by providing funds to financedevelopment projects," Georgina Lee, assistant vice president at Moody's quoted.

BHEL commissions supercritical Thermal unit in Bihar; stock down 2%

Shares of Bharat Heavy Electricals Ltd were trading down 2% at Rs. 265 on BSE today.Thestock opened at Rs. 269 as against the previous close of Rs. 270 on BSE. It has hit a high of Rs.269 and a low of Rs. 263 on BSE today.Total traded quantity on the counter stood at over 1.32lk shares on BSE.

Bank shares tumble across the board

Banking shares are trading on a weak note this morning on account of profit-taking ahead ofIIP data this Thursday. Also fears of the US Federal Reserve hiking interest ratessooner-than-later have dampened the sentiment in the market.The CNX Bank Nifty index hasdropped 2 per cent at 19,348. Axis Bank is the top loser, down 3 per cent at Rs. 598. Bank ofBaroda plunged over 2.5 per cent at Rs. 179.Canara Bank, ICICI Bank and Kotak Bank haveslipped 2.4 per cent each at Rs. 414, Rs. 339 and Rs. 1,379, respectively.Bank of India and Punjab National Bank have tumbled over 2 per cent each at Rs. 224 and Rs.160, respectively.Federal Bank, Yes Bank, IndusInd Bank, HDFC Bank and SBI are the othersignificant losers.

IOC, ONGC, OIL among 5 companies named by US administration for Iran tiesONGC,

IOC and OIL are among the five global companies named by the US administration for havingenergy ties with Iran, according to reports.A report stated that US government accountabilityoffice named Oil and Natural Gas Corp (ONGC), Indian Oil Corp (IOC) and Oil India Ltd(OIL) along with China's CNPC and Sinopec.The three firms have been named for their stakein the Farsi offshore block in Iran, says the report.IOC's 2013-14 annual report stated that thefirm has a 40 per cent participating share in the Farsi Block Project. ONGC holds 40% in Farsithrough its overseas investment arm, ONGC Videsh Ltd. An earlier report had stated that theFarsi block is estimated to have reserves of up to 21.68 trillion cu. ft (tcf), with recoverablereserves of around 12.8 tcf. Developing the gas field, together with the construction of aliquefied natural gas terminal to transport the gas, was estimated to require an investment of$8-9 billion (approximately Rs35,000-40,000 crore), in 2010.

FPIs buy net shares worth Rs. 31,250 crore till Mar 5

The net foreign fund inflows into Indian capital markets stood at $11.08 billion (over Rs.68,552 crore) till March 5 this year, according to the data compiled by the Central DepositoryServices Ltd (CDSL).The Foreign portfolio investors (FPIs) bought shares worth a net amountof Rs. 31,256 crore till March 5 this year, while in the debt segment, their net inflows stand atRs. 37,296 crore, taking the total to Rs. 68,552 crore, the data indicated.Overseas investorsreported a net inflow of Rs. 24,563 crore February, while the same stood at Rs. 33,688 crore inthe month of January. According to market experts, inflow of funds is expected to continue inthe coming months, as Finance Minister Arun Jaitley announced a number of measures toattract overseas investment in the country in his Union Budget.

GMR Infrastructure stock down 2%

Shares of GMR Infrastructure was down 2% at Rs. 17.40, after the company said that its Rs.1,400 crore rights issue will open on March 24. The stock has hit a high of Rs. 17.75 and a lowof Rs. 17.35.Total traded quantity on the counter stood at over 10.92 lk shares.The closing date for the rights issue is April 8, 2015."The Management Committee of the Boardof Directors of the Company has approved and adopted the Letter of Offer (LOF) and issueschedule, for the issue of equity shares having face value of Re 1 each by the company on arights basis to its existing shareholders," GMR Infrastructure informed BSE. The closing datefor the rights issue is April 8, 2015.

Satyam case verdict deferred till April 9 by CBI court

The judgement for the multi-crore accounting fraud in the erstwhile Satyam Computer ServicesLimited (SCSL) has been deferred to April 9th by a special CBI court today.The decision on the case was expected today, as during the last hearing on December 23, 2014,Special Judge BVLN Chakravarthi, while citing voluminous documents of the case, had said hewould pronounce the verdict on March 9, according to media reports.The Satyam case iscountry's biggest accouting fraud involving the firm's founder B. Ramalinga Raju, where heallegedly confessed to manipulating his company's account books and inflating profits overmany years. Besides Raju, his brother B Rama Raju, former chief financial officer VadlamaniSrinivas, former PwC auditors Subramani Gopalakrishnan and T Srinivas, Raju's anotherbrother B Suryanarayana Raju, former employees G Ramakrishna, D Venkatpathi Raju and ChSrisailam and Satyam's former internal chief auditor VS Prabhakar Gupta are also accused inthe high profile case.In February 2009, the CBI took charge of the investigation and alleged that the fraud causedRs. 14,000 crore loss to the shareholders of Satyam. -

SPARC stock zooms 14%

SPARC stock surged 14% at Rs. 539 after company announced USFDA approval of ELEPSIAXR.The stock has hit a high of Rs. 543 and a low of Rs. 475.Total traded quantity on thecounter stood at over 8.38 lk shares Sun Pharmas market cap zoomed by Rs. 26,162.98 croreto Rs. 2,14,845.98 crore, clocking the biggest gain among the Top- 10 Sensex firms. SunPharmas promoter Dilip Shanghvi recently overtook Mukesh Ambani as India's richest person,with shares of Sun Pharma and Sun Pharma Advanced Research Company, or Sparc (SunPharma's research and development arm), closing at record highs.

Man Infraconstruction gains 4% on order win

Shares of Man Infraconstruction Ltd were trading up 4.3% at Rs.47.30 on BSE today. The stockopened at Rs. 45.35 as against the previous close of Rs.45 on BSE. It has hit a high of Rs. 47.40and a low of Rs. 45 on BSE today. The company has received a new order worth Rs.96.8 croreapproximately for construction of civil works and approach road works for Residentialdevelopment project 'Godrej City- Phase I' at Panvel from Godrej Group.Total traded quantity

on the counter stood at over 4.11 lk shares on BSE.

TCS stock down 2%

TCS stock has cooled by over 2% and is trading at Rs. 2654 as the company is expected toclock revenues similar to last year. The stock hit a high of Rs. 2657 and a low of Rs. 2611.Totaltraded quantity on the counter stood at over 0.29 lk shares.Speaking to analysts, RajeshGopinath, Chief Financial Officer, TCS, says he expects to see some degrowth in the energysector, which will take a while to stabilize.Europe is expected to grow better than average, saysTCS.Tata Consultancy Services has recently been recognized as the fastest growing IT Servicesbrand globally over the last five years by Brand Finance, the worlds leading brand valuationfirm. In the five year period 2010-2015, TCS emerged as the clear growth leader in theindustry, increasing its brand value from US $2.3 billion to US $8.7 billion, while retaining theindustrys highest brand strength rating of AA+. It was also recognized as one of the top fourglobal brands in IT Services for the fourth year in a row, cementing its position in the highestleague of the industry.

ConCor rallies 9% after RBI nod for hike in FII limit

Container Corporation (ConCor) surged 9% to Rs.1,623 following Reserve Bank of India (RBI)approval for higher FII investment limit in the company.According to a release issued by theRBI, the central bank last week notified that FII/NRI/FPI can invest up to 34 per cent of thepaid up capital of Container Corporation of India. SIAM predicts 3-4% growth of 4-wheelermarket in FY16 Society of Indian Automobile Manufacturers has predicted that 4-wheelermarket will grow at 3-4% in FY16.The industry watchdog has also shared its outlook on the2-wheelers market and said that it will continue to grow at 8-10% in FY16. It is also expectedthat growth in FY16 will be better than growth in FY15.However, SIAM had a word of cautionthat if interest rates improve, FY16 growth will be much better. Sales of passenger vehicles inthe domestic market grew by just 3.67 per cent in the April-December period this fiscal at18,94,932 units as against 18,27,866 units in year-ago period.The industry saw a mixed bagresult for the sale of vehicles in February 2015. The big five of the auto industry - Mahindra &Mahindra, Maruti Suzuki, Hyundai Motor India, Honda Cars India and Tata Motors posteddecent gains on YoY. For two wheelers, February was a tough month with only the scootersegment showing growth signs. Hero MotoCorpregistered a fall of 3.85 percent YoY in Feb2015, while Honda Motorcycle witnessed a marginal drop of 2.25% in its motorcycle sales.

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