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Daily Indian Stock Market Outlook: FairWealth Securities

Daily Indian Stock Market Outlook: FairWealth SecuritiesIndian market faced heavy selling pressure through out the session with indices closed with 0.75% loses. Realty appeared as worst performer, Banking and Metals also appeared bearish. The Sensex closed at 19292, down 157 points from its previous close, and Nifty shut shop at 5785, down 48 points. The CNX Midcap index was down 0.7% and the BSE Smallcap index was down 0.5%. The market breadth was negative with advances at 399 against declines of 905 on the NSE.

Daily Indian Stock Market Outlook: FairWealth Securities

Daily Indian Stock Market Outlook: FairWealth SecuritiesAgain Indian market had a volatile session, Indices oscillated above and below the dotted line and finally closed with moderate loses. Auto sector attracted good buying. The Sensex closed at 19448, down 96 points from its previous close, and Nifty closed at 5833, down 34 points. The CNX Midcap index was down 0.01% and the BSE Smallcap index was down 0.05%. The market breadth was negative with advances at 538 against declines of 759 on the NSE.

5930 and 5944 may act as strong resistance level for Nifty

5930 and 5944 may act as strong resistance level for NiftyIndian market had a flat day, traded in a small range and closed with marginal losses. The Sensex closed at 19584, down 18 points from its previous close, and Nifty closed at 5874, down 10 points. The CNX Midcap index was up 0.2% and the BSE Smallcap index was also up 0.2%. The market breadth was negative with advances at 556 against declines of 736 on the NSE. Top gainers included Ster, SBIN, Maruti, Infosystch, Wipro, SesaGoa, AmbujaCem, KotakBank while top losers are listed as RIL, DLF, RCom, Jaiprakash Associates, HeroHonda, SAIL and AxisBank.

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

Corporate Highlights - Mahindra & Mahindra, country's largest utility vehicles maker, will invest more than Rs 300 crore in a new tractor plant in Andhra Pradesh. The plant will have a capacity to make 100,000 tractors every year and production will start in 2012, the company said in a statement.

Daily Indian Stock Market Outlook by FairWealth Securities

Daily Indian Stock Market Outlook by FairWealth SecuritiesIndian market continued the bullish trend with Realty and Auto sector as major gainers. Oil&Gas and Healthcare appeared weak. The Sensex closed at 18350, up 144 points from its previous close, and Nifty closed at 5522, up 42 points. The CNX Midcap index was up 0.6% and the BSE Smallcap index was up 0.7%. The market breadth was positive with advances at 786 against declines of 503 on the NSE. The top Nifty gainers were Hindalco, IDFC, Kotak Mahindra Bank and Ambuja Cements and prime losers included GAIL, Dr Reddy's, Suzlon and Cairn.

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

Daily Indian Stock Market Outlook by FairWealth Securities

Daily Indian Stock Market Outlook by FairWealth SecuritiesIndian market attracted buying throughout the day with almost all sectors gained with good volumes. Realty and banking appeared as major gainers. The Sensex closed at 18206, up 217 points from its previous close, and Nifty shut shop at 5480, up 66 points. The CNX Midcap index was up 0.7% and the BSE Smallcap index was up 0.6%. S&P CNX Defty closed at 4229. The market breadth was positive with advances at 782 against declines of 500 on the NSE.

Daily Indian Stock Market Fundamental Picks by FairWealth Securities

fundamental-pickInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

Daily Indian Stock Market Outlook : FairWealth Securities

Indian-market

Positive global cues helped Indian market to attract good buying, Indices closed with moderate gains. Realty and Auto attracted major buying. Sensex closed at 17988, up 149 points and Nifty at 5413, up 48 points from the previous close. CNX Midcap index was up 0.8% and BSE Smallcap index was up 0.5%. S&P CNX Defty closed at 4171. 

Buy SAIL With Target Of Rs 195 : FairWealth Securities

Buy SAIL With Target Of Rs 195 : FairWealth SecuritiesSAIL is all set to bank on the domestic consumption of steel primarily driven by the ongoing infrastructure development in the country, with its ambitious expansion plans, which will increase its crude steel capacity to 23.2mt by 2013 from 14mt currently.

SAIL is banking on the robust demand witnessed for finished and premium steel segment by expanding its value added steelmaking capacity. The value added or premium segment commands 20-25% premium over semi-finished or crude steel

Buy Educomp With Target Of Rs 525 : FairWealth Securities

Buy Educomp With Target Of Rs 525 : FairWealth SecuritiesEducomp big money-maker is Smart class, a range of interactive digital lessons with animation and graphics that's marketed mainly to private schools as they have deeper pockets than public schools. It witnessed strong demand across this segment with no pricing pressure. Smart Class growth is on track as they added 2457 schools and 19,144 classrooms over the past three quarters on the back of a very successful TV advertising campaign. Smart Class currently contributes approx. 70% to the topline.

Buy Reliance Communications With Target Of Rs 155 : FairWealth Securities

Buy  Reliance Communications With Target Of Rs 155 : FairWealth SecuritiesThe country's second biggest mobile network operator by subscribers, has moved up the ladder, in an all India bid for 3G spectrum and has won 13 circles including the metros of Delhi, Mumbai and Kolkata and is the only operator without capacity constraints on 2G in these circles. This advantage puts it in a unique position to offer an excellent 3G user experience.

Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

Corporate Highlights - State-run Hindustan Copper plans will invest Rs 3,677 crore to almost quadruple its existing copper ore production capacity to
12.41 million tonne per annum (mtpa) by 2016-17. The entire expansion would be completed by 2016-17 and in the meantime, the company would also take up greenfield projects for exploration and ore production.

Indian Stock Market Outlook by FairWealth Securities

Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesDespite positive global cues Indian market failed to hold the positive zone and closed with marginal losses. High crude prices affected the market negatively. The Sensex closed at 17839, down 39 points from its previous close, and Nifty closed at 5364, down 8 points. The CNX Midcap index was down 0.1% and the BSE Smallcap index was down 0.3%. The market breadth was negative with advances at 481 against declines of 804 on the NSE.

Buy Lupin With Target Of Rs 450

Buy Lupin With Target Of Rs 450INVESTMENT THESIS - Lupin is among the best players in the generic space given its strong execution capabilities and diversifying business model. To overcome volatilities in price erosion in the pure Vanilla Generic Segment, it has also built a formidable presence in the Branded Generic Segment.

• It has stellar supply-chain execution as it has garnered strong market share gains in the US in most major products, sometimes even from industry leaders like Teva and Sandoz. It is now the sixth-largest pharmaceutical company in the US by volume, indicating the trust it enjoys of major pharmacies and distributors.

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

Daily Indian Stock Market Outlook by FairWealth Securities

Daily Indian Stock Market Outlook by FairWealth SecuritiesIndian market witnessed sharp decline being affected by negative domestic news flows. Almost all sectoral indices closed in red. Oil&Gas appeared as major loser while metals appeared comparatively stronger. The Sensex closed at 17878, down 271 points from its previous close, and Nifty shut shop at 5373, down 72 points. The CNX Midcap index was down 0.8% and the BSE Smallcap index was also down 0.8%. The market breadth was negative with advances at 393 against declines of 908 on the NSE.

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

Daily Indian Stock Market Outlook by FairWealth Securities

Daily Indian Stock Market Outlook by FairWealth SecuritiesIndian market responded to weak domestic sues and domestic news flows of RBI policy negatively. FMCG and It sector appeared as major loser followed by metals, Auto and Realty. The Sensex closed at 18150, down 209 points from its previous close, and Nifty closed at 5447, down 64 points. The CNX Midcap index was up 0.02% and the BSE Smallcap index was down 0.4%. The market breadth was negative with advances at 455 against declines of 824 on the NSE. The top Nifty gainers were RCom, BHEL, Ambuja Cements and Cairn Energy and prime losers included Maruti, HDFC, Hindalco and DLF.

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth Securities

Daily Indian Stock Market Outlook Fundamental Picks by FairWealth SecuritiesInvestors with horizon of 6-12 months can consider following scripts for their investment. These companies have potential to give higher returns than index over a long term.

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Technical View on Stocks
Anil ManghnaniRajat BoseVijay BhambwaniAmbareesh BaligaPrakash GabaSudarshan SukhaniAshwani GujralAshu Madan

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