The Bse Index Closes on Wednesday at 17257 up 21 Points or +0.12% and the Nifty fasten store at 5240, up 11 points from the previous close or +0.22%. The CNX Midcap index was up 0.9% while the BSE Small cap index gains 1.1% in Yesterdays Trade. The market breadth was positive with advances at 947 against declines of 490 on the NSE.
The markets clogged with restrained gains today with healthcare, capital goods and realty being the biggest gainers. Metal and oil & gas closed with significant losses. Top Gainers in Yesterday’s Trade were Cipla, Kotak Mahindra Bank, Ambuja Cement and JP Associates & Losers were Coal India, Sesa Goa,Ongc and Hero Motocorp.
Stock Cipher:
- Delta Corp Q1 cons net profit at Rs 16.1 cr vs Rs 11.8 cr (YoY); cons net sales at Rs 72 cr vs Rs 91.2 cr (YoY).
- Karvy has filed a forgery case against Deccan Chronicle.
- IDBI Q1FY13 YoY Net Profit at Rs.427.3 Cr vs Rs.335 Cr; NII at Rs.1270.6 Cr Vs Rs.1211 Cr.
- Godrej Properties will be developing 1.85 lakh sq ft Ghatkopar Township.
- 3i Infotech has allotted 2.14 cr shares at Rs 19.74/share as per CDR (Corporate Debt Restructure) package to various lenders.
- EID Parry Q1FY13 YoY Consolidated Net Profit at Rs.106 Cr Vs Rs.95.5 Cr; Net Sales at Rs.2,666.3 Cr Vs Rs.2,489 Cr.
- Uninor decides to auction its mobile services business and ancillary operations in various circles; Unitech nominees on the board have opposed the auction.
- State-owned oil companies hike ATF prices by average Rs 2876.75/kl.
- Maruti Suzuki July total sales up 9.2% at 82,234 Units (YoY). Domestic Sales at 71,024 Units Vs 66,504 Units (YoY). Exports at 11,210 Units Vs 8,796 Units (YoY). Dzire Sales at 11,413 Units Vs 3,021 Units (YoY).
- Orissa Minerals Development Company is planning for a bonus share issue and stock split on August 9. The company is looking forward for meger of Bisra Stone Lime with itself on August 9.
- PVR Q1 cons net profit at Rs 7.6 cr vs loss Rs 13.2 cr (QoQ); cons net sales at Rs 176 cr vs Rs 117.7 cr (QoQ).
- Adani Power Q1 cons net loss at Rs 810 cr Vs Rs 181 cr profit (YoY); cons net sales at Rs 1,502 cr Vs Rs 855 cr (YoY).
- M&M July Sales: Total Sales at 47,059 Vs 39,633 units (YoY).
- Cipla has got US FDA nod for Insomnia drug ambient generic.
- July Auto Sales Tata Motors:
Total Sales (GU)15% at 74,159 at units (YoY)
Domestic Sales (GU)18% at 68,627 at units (YoY)
PV Sales (GU)53% at 26,240 at units (YoY)
Nano Sales at 5,485 at units Vs 3,260 at units (YoY)
Exports at 5,532 at units Vs 6,512 at units (YoY) - Orient Paper Q1 net profit at Rs 48.9 cr vs Rs 59.4 cr (YoY); net sales at Rs 657 cr vs Rs 524 cr (YoY)
- Jaypee Infra Q1 net profit at Rs 209 cr vs Rs 238 cr (YoY); net sales at Rs 678 cr vs Rs 617 cr (YoY),
- CEAT Q1 cons net profit at Rs 29 cr vs loss of Rs 41 cr (YoY); cons net sales at Rs 1,225 cr vs Rs 1,110.5 cr (YoY).
- Eicher Motor July Auto Sales: Total Bus, Truck Sales (Reduced) 13.2% at 3,602 Units (YoY).
- GSK Consumer Q2 net profit at Rs 106.6 cr Vs Rs 82.5 cr, net sales at Rs 729.7 cr Vs Rs 653.4 cr (YoY).
Last Close at 5240 up 11 points, Last High at 5246 Low at 5212, Weekly High at 5246 and low at 5032 and 5 DMA at 5162, 20 DMA at 5213, 50 DMA at 5128 and 200 DMA at 5105.
5-Days Relative Strength Index at 68 and 14-Days Relative Strength Index at 56. It Indicates Nifty Placed in BULLISH precinct.
NIFTY: RESISTANCE @ It has the First resistance close to the level 5244 and above the level marks the track point at 5266 later zooper levels at 5288 marks.
SUPPORT@ It has the first support close to the level of 5222 and below this level mark next support is seen at 5200 later dipping levels near 5155 marks.
NIFTY FUT MOMENTUM CALLS FOR 02 Aug’2012:
Buy Nifty August Future above 5266 Sl 5244 Tgt 5288-5311 {Or} Sell Nifty August Future below 5222 Sl 5244 Tgt 5200-5177.