Daily Equity Report By www.epicresearch.co - 16 October 2012

Daily Equity Report by www.epicresearch.co - 16 October 2012 Daily Indian Market Indian equity markets up by 0.20%. Nifty up by 11.20 pts and settle at 5687.25 Sensex up by 38.37 pts at 18713.55.

Indore, India (prHWY.com) October 16, 2012 - Daily Equity Report by www.epicresearch.co - 16 October 2012
Daily Indian Market
Indian equity markets up by 0.20%.
Nifty up by 11.20 pts and settle at
5687.25
Sensex up by 38.37 pts at 18713.55.
Bank Nifty up by 53.35 pts at 11441.80
Global Market
European markets were down with FTSE
up by 27.44 pts at 5820.76 ,CAC up by
43.30 pts at 3432.38 and DAX up by
54.01 pts at 7286.50
Dow future up by 42.00 pts at 13287.00

Market Analysis
Key benchmark indices edged higher volatile trade, with gains in European stocks supporting
sentiment on the domestic bourses
 The BSE Sensex was up 25.78 points or 0.14% to 18,700.96. The index rose 51.20 points at the day's
high of 18,726.38 in afternoon trade.
 The S&P CNX Nifty was up 9 points or 0.16% to 5,685.05, as per provisional figures. T
 From the 30-share Sensex pack, 19 stocks rose while the rest of them rose.
 Index heavyweight Reliance Industries (RIL) rose 0.5% to Rs 823 ahead of its Q2 results today. India's
largest FMCG company by sales Hindustan Unilever (HUL) rose 0.67% to Rs 577.60. Index
heavyweight and cigarette maker ITC rose 0.78% to Rs 285.20. Wockhardt rose 1.73% to Rs 1,442.
The annual rate of inflation, based on the monthly wholesale price index (WPI) stood at 7.81%
(provisional) for the month of September 2012, data released by the government today, 15 October
2012, showed. It was higher than WPI inflation of 7.55% in August 2012.

News you can use
RIL plans to raise refining capacity
* Jamshedpur expansion will drive Q2
volumes:Tata Steel
* Axis Bank Q2 PAT seen up 21% to Rs
1110 cr
* DoT likely to slap showcause notice on
Bharti Airtel
Factors to watch:
NIFTY
Nifty looks Sideways
 Strategy: Sell on rise
 Support:5640
 Resistance: 5720
BANK NIFTY

Bank Nifty looks Sideways
 Support:11360
 Resistance:11520

STOCKS TO WATCH
APTECH
 FINANCETECH
 BATA INDIA
 BHEL
SCRIPS IN BAN PERIOD
WELCORP
 SUZLON
 MCDOWELL-N
 IVRCLINFRA
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