2. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report INDIAN MARKET
INDIAN EQUITY BENCHMARK hovering in a tight range. After the RBI policy outcome on Tuesday, the market appears to be desperately seeking some direction. Traders chose to stay light and play safe on account of a long weekend. Indian indices ended lower led by weakness in auto, banks and capital goods. However, IT space continues to outperform the main index
Further, Shares of Hero MotoCorp were up 2% at Rs2887 on the back of strong sales.
Infosys was up 2% after company announced that it is extending its relationship with Oracle to enhance support for innovative solutions and services on technology platforms.
Asian stocks worldwide began the fourth quarter on a negative note, with investors wary of lackluster economic data and keeping a cautious eye on civil unrest in Hong Kong.
European shares dipped on following mixed manufacturing data and as sales warnings from J Sainsbury and Nexans fuelled worries over the outlook for European corporate
US stock index futures poised for a lower opening at the Wall Street on Wednesday.
7,964.80 ASIAN MARKET
2,026.60 SECTORIAL INDICES
S&P CNX 500
-0.49 TOP GAINERS
1.47 TOP LOSERS
3. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report MARKET MOVERS UPSIDE
NIFTY SPOT TREND STRATEGY
SELL ON HIGH PIVOT POINTS
8187 NIFTY SUPPORT RESISTANCE
R2-8045 BANK NIFTY FUTURE TREND STRATEGY
SELL ON HIGH PIVOT POINTS
15659 BANK NIFTY SUPPORT RESISTANCE
0.41 MARKET MOVERS DOWNSIDE
[0.53] FII & DII ACTIVITY
NET BUY (CR.)
NET SELL (CR)
1262.41 NSE TOTALS
4. CAPITALSTARS FINANCIAL RESEARCH PVT. LTD.
Daily Equity Report r MARKET TALKS
Month of September 2014 from 15,139 lakh in September 2013. Eicher Motors closed down 1.52% at Rs. 11,805 as against the previous close of Rs. 11,987
Hyundai domestic sales up by 14.5 percent
Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 35,041 units and exports of 16,430 units with cumulative sales of 51,471 units for the month of September 2014. Hyundai volumes have grown by 14.5 % for September and 12.8% for first half of the year with strong performance of new model.
TVS Motor Company grew 27% in volume sales in September 2014
Two-wheeler and three-wheeler-maker TVS Motor Company grew by 27 percent sales growth in September, as per the official filing by the company. As per reports, the company sold 250,835 units (two- wheelers 241,668 units, three-wheelers 9,167 units) last month, which is higher from the last year's volume sales of 197,409 units (two-wheelers 189,609 units, three-wheelers 7,800 units).
M&M closes up; domestic sales at 27,321 units in Sept
Domestic sales of M&M stood at 27,321 units in September 2014 as against 25,922 units during September 2013. Total tractor sales (domestic and exports) during September 2014 stood at 28,739 units as against 26,637 units for the same period last year. Exports for the September month were at 1,418 units.
Jet Airways receives govt approval for appointment of Cramer as CEO
Jet Airways (India) Limited, India's premier international airline, has received approval from the Ministry of Civil Aviation (MoCA) for its appointment of Cramer Ball as the Company’s Chief Executive Officer. The 47 year old Australian national is a certified accountant and an accomplished airline executive with almost two decades of domestic, regional and international aviation experience,
Eicher Motors Sept total sales at 28,020, stock closes down
Eicher Motors total sales of units zoomed 63% to 24,662 in the
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