Daily Equity Report by www.epicresearch.co - 20th February 2013

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips ,mcx gold tips

indore, India (prHWY.com) February 20, 2013 - Indian Market
* Indian equity markets were up 0.70%
* Nifty up by 41.50 pts and settle at 5939.70
* Sensex up by 134.64 pts at 19635.72
* Bank Nifty up by 73.30 pts at 12448.90
Global Market
* European markets were down with FTSE up by 21.18 closed at 6339 ,CAC up by
35.49 closed at 3702 and DAX up by59.07 closed at 7687.
* Dow future was up 26.00 closed at 13974.00
Market Analysis
* Key benchmark indices surged in late trade to hit their highest level in almost a week as European stocks edged higher and as trading of US index futures indicated a positive opening of US stocks later in the global day.
* BSE Sensex was up 162.96 points or 0.84% to 19,664.04.
* CNX Nifty was up 47.50 points or 0.81% to 5,945.70.
* Among the 30-share Sensex pack, 24 stocks gained while the rest of them declined.
* Pharma stocks rose on renewed buying. Sun Pharmaceutical Industries and Wockhardt hit record high. GlaxoSmithKline Pharmaceuticals rose after announcing Q4 December 2012 results. FMCG stocks rose after the Centre after trading hours on Friday, 15 February 2013, said that as per reports received from various states, the sowing of rabi crops is progressing well in different parts of the country. . OMGC (up 4.28%), Bajaj Auto (up 2.36%) and Wipro (up 2.21%) edged higher from the Sensex pack. Bharti Airtel (down 1.96%), Hero MotoCorp (down 1.59%) and Coal India (down 1.57%) edged lower from the Sensex pack. FMCG stocks rose after the Centre after trading hours on Friday, 15 February 2013, said that as per reports received from various states, the sowing of rabi crops is progressing well in different parts of the country. Britannia Industries (up 1.52%), GlaxoSmithkline Consumer Healthcare, Godrej Consumer Products (up 0.13%), Hindustan Unilever (up 1.89%), Marico (up 2.94%) and Tata Global Beverages (up 3.17%) gained.
HEADLINE
* See no change in auto excise structure
in Budget: Hero Moto
* Dr Reddy's hopes to keep margins,
despite high R&D cost
* Hotel Leela surges 15% on sale of IT
park building
* We should be able realise good part of
Rs 1700cr: SBI
STOCKS TO WATCH
* JINDAL STEEL
* BHARTI AIRTEL
* DLF
* IDBI BANK
SCRIPS IN BAN PERIOD
* HDIL
* PUNJLYOD
* SUZLON
* IRB
* RENUKA

FACTORS TO WATCH
NIFTY
* Nifty looks Consolidate
* Strategy: Sell on rise
* Support: 5900
* Resistance: 5980
BANK NIFTY
* Bank Nifty looks Consolidate
* Strategy: Sell on rise
* Support: 12370
* Resistance: 12520
UPCOMING RESULTS
* ABOTT
* NESTLE
* PANTALOON

Epic Research is a leading financial services provider with presence in Indian and other global capital markets. Provides Stock Tips, Forex Tips, Commodity Tips, MCX Tips, Equity Tips, Tips, Intraday Tips, Stock Futures Tips, NSE Tips, BSE Tips, COMEX Tips, NCDEX Tips. We provide services in equity, commodity and Forex market.

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