|
Market Outlook:
Market
ended marginally on a flat note after a volatile session. Buying was
seen in the FMCG sector while Banking and Realty sectors witnessed selling
pressure.
Nifty:
Markets
ended marginally on a flat note after a volatile session. The daily chart
of Nifty suggests a DOJI formation which indicates indecision in the
markets. The 5 DMA at 6357 will continue to act as a strong support.
Resistance is seen at 6380/6400 and a close above this level will further
extend the rally up to 6450/6480 levels. First sign of weakness can be seen
if Nifty closes below 6250 until then every dip can be considered as a good
buying opportunity.
Support: Major
support level 6300/6280.
|
Investment Ideas
- IDEA @ Rs. 172 (Target
Price: Rs. 190)
Trading Ideas
- Positive bias – Biocon
(Target 425), Exide (Target 140), PTC (Target 70), Siemens (Target
700) & Apollo Tyres (Target 90). Traders maintain stop loss
accordingly.
|
|
HUDCO Tax Free Bonds
Coupon Details
for HUDCO Tax Free Bonds (‘CARE AA+’ from CARE
and ‘IND
AA+’ from IRRPL.)
Issue Opening – 2nd December 2013 ; Issue
Closing - 10th January 2014
Issue
Price: 1000 per Bond ; Minimum Application:
Rs 5000(5 bonds).
|
10 Yr
|
15 Yr
|
20 Yr
|
|
Others*
|
Retail**
|
Others*
|
Retail**
|
Others*
|
Retail**
|
|
8.51%
|
8.76%
|
8.58%
|
8.83%
|
8.76%
|
9.01%
|
|
- Derivatives Update
- Advance Decline Ratio
- Sector updates
- Exchange Volumes
- Implied Volatility for ATM
Options
- Put Call Ratio for (Open
Interest)
- FII - MF Activity
- World Markets
- Currency
|
