Morning Mantra

13th May 2013

INDEX NIFTY NIFTY FUT. SGX CNX NIFTY INDEX FUT. (8:15.am.) PREV. CLOSING 6107.25 6118.70 6119.50 % CHANGE 0.21% 0.17% +0.24% DAILY TREND SIDEWAYS

OUTLOOK FOR THE DAY

The market is likely to open on firm note taking cues from global markets. U.S. stocks rose Friday as Wall Street racked up a third week of record-setting gains while considering global monetary easing and as finance ministers started a two-day meeting. Asian stocks rose, with the regional benchmark index heading for its first advance in three days, as Japanese exporters rallied after the yen weakened past 102 versus the dollar. Back at home, Reliance Power, 3i Infotech, Eicher Motors, Bank of India, Bank of Baroda, Walchandnagar Ind., Amtek Auto, Aptech and Thomas Cook will announce quarterly results today. As per provisional figures, foreign institutional investors (FIIs) sold shares worth a net Rs 1.77 crore on 11th May 2013. Domestic institutional investors bought shares worth Rs 4.1 crore on that day.

INTERNATIONAL MARKET
INDEX US MARKETS NASDAQ COMPOSITE DOW JONES US MARKETS (FUTURE) NASDAQ 100 DOW JONES ASIAN MARKETS HANG SENG INDEX NIKKEI 225 SHANGHAI COMP. INDEX CLOSING (SPOT) 3436.58 15118.49 2968.75 15039.00 23118.75 14833.28 2237.69 CHANGE (%) +0.80% +0.24% -0.23% -0.19% -0.87% +1.55% -0.41%

SECTOR & STOCKS TO WATCH TODAY

Sectors to Outperform
Healthcare & Consumer Durables

Sectors to Underperform
Power & Teck

MACRO NEWS
Money stock in Japan was up 3.3 percent on year in April, the Bank of Japan said on Monday, standing at 844.5 trillion yen. That beat forecasts for an increase of 3.1 percent - which would have been unchanged from the previous reading following the upward revision from 3.0 percent. M3 money stock was up 2.6 percent to 1,142.0 trillion yen, topping expectations for a gain of 2.5 percent, which also would have been unchanged from the March reading. L money stock was up 2.0 percent on year to 1,480.2 trillion yen following the revised 1.6 increase a month earlier.

STOCKS TREND ON DAILY CLOSING LEVELS FOR SHORT TERM

STOCKS S&P Nifty CNX IT Index CNX Bank Index A.C.C AMBUJA CEMENT ASIANPAINT AXIS BANK BAJAJ AUTO BANKBARODA BHARTI ARTL BHEL BPCL * CAIRN CIPLA COALINDIA DLF DRREDDY GAIL GRASIM HCL TECH H.D.F.C HDFC BANK HEROMOTOCO HINDALCO HINDUNILVR ICICI BANK IDFC INDUSIND INFOSYS ITC JIND STL & PWR JP ASSOCIATES KOTAK BANK LT LUPIN M&M MARUTI NMDC NTPC ONGC PNB POWERGRID RANBAXY RELIANCE REL INFRA SBI SESAGOA SUN PHARMA TATA MOTORS TATA POWER TATA STEEL TCS ULTRACEMCO CLOSING PRICE 6107 6419 12780 1239 189 4740 1472 1857 705 326 196 418 304 402 304 237 2102 342 3036 774 876 705 1715 107 586 1170 154 508 2359 354 310 76 737 1562 769 968 1740 128 154 329 774 112 450 814 407 2311 165 957 308 94 318 1486 1979 TREND UP Down Up Down Down Up Up Down Down Up Down Up Down UP Down Down Up Down Down Up Up Up Down Down UP Up Down Up Down Up Down Down Up UP Up UP Up Down UP Up Down Down Down Down Down UP Down Up Up Up Down Up UP DATE TREND CHANGED 02.05.13 12.04.13 18.04.13 11.01.13 19.03.13 03.08.12 18.04.13 18.03.13 01.03.13 18.04.13 29.10.12 16.04.13 31.01.13 12.04.13 19.02.13 20.03.13 17.07.12 30.01.13 26.03.13 24.01.12 18.04.13 16.04.13 10.08.12 24.01.13 30.04.13 18.04.13 04.03.13 01.04.13 12.04.13 01.03.11 24.01.13 13.02.13 13.01.12 22.04.13 22.04.13 16.04.13 01.04.13 02.05.13 16.04.13 01.03.13 14.02.13 23.01.12 26.02.13 26.02.13 22.04.13 24.01.13 25.10.11 09.05.13 27.09.12 07.02.13 15.01.13 25.04.13 RATE TREND CHANGED 5999 6355 12288 1355 179 3758 1429 1816 711 300 227 408 324 406 338 249 1705 339 2840 427 818 666 1914 113 583 1123 144 2273 174 418 71 476 1538 889 1485 161 331 791 106 467 829 459 2330 178 500 302 106 390 1338 1936 CLOSING STOP LOSS 5650 6850 11500 1300 200 4000 1250 2000 790 290 210 365 330 370 356 265 1740 360 3050 630 765 610 1850 110 520 1060 165 380 2650 300 420 88 600 1420 560 810 1500 155 145 300 850 116 470 870 510 2150 185 700 270 94 360 1300 1760

*These level should not be confused with the weekly trendsheet which is sent in weekly magazine in the name of "Money Wise" For Any Query or Suggestions email at researchfeedback@smcindiaonline.com

Analyst
Dinesh Joshi dineshjoshi@smcindiaonline.com
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