Daily Report : 11-02-2013

Nifty Future Outlook: In view of the above formation it is evident that the upward sloping trendline mentioned above holds significance. In coming trading session  5880-5850  is crucial support zone for the
indices. Any breach of this zone would lead nifty to test 5830 – 5800 levels in couple of days. On the  up side,  major resistance around 5950 – 5980.
We reiterate our view that, one should adopt a cautious approach at current level and higher level.


Data Alert From Overseas  -
* French Industrial Production m/m at 1:15 pm.
* Eurogroup Meetings.


Domestic Stock Specific News  –
*  Govt source says NALCO divest roadshows to begin from Feb 19
*  DGH says next round of auctions under NELP likely this year
*  Power Minister Scindia meets lenders to discuss loans to sector
*  Power minister says rating system for distribution cos from Apr 1
*  SC to hear Sahara cos' plea on debenture refund in Feb third week
*  High input costs drag BGR Energy Oct-Dec PAT down to 414 mln rupee
*  HCC-Samsung C&T Corp JV gets 8.66-bln-rupee order from Delhi Metro
*  Engineers India to form JV in Algeria with engg arm of Sonatrach
*  Exide Industries to up industrial, automotive battery prices 5-6%
*  Tata Tech eyes buyouts to improve competence, explore geographies
*   Omax Autos may follow clients to Gujarat, Rajasthan.
*  Hindalco Industries Oct-Dec net profit 4.33 bln rupees
* Canara Bank Oct-Dec net profit 7.10 bln rupees vs 8.75 bln
* M&M Oct-Dec net profit 8.36 bln rupees vs 6.62 bln



International News  -
*  German industrial Production increased 0.3 percent from November, when it fell 0.2 percent.

Securities in Ban For Trade Date 11-02-2013
Welcorp, Punjlloyd, Suzlon, IRB

Today’s Result –
Tatapower ,  Insecti  cid , Omnitech , Cubextub , Indterrain , Nsil , Vtxind , Maninfra , Tarajewels , Voltas , Karmaeng , Nagreekexp , Voltamp , Hmvl , Nagreekcap , Vkspl , Ester , Kmsugar , Visasteel , Esl , Kmf , Visakaind , Electherm , Indiancard , Sundrmfast , Alpsindus, Indhotel , Sundrmfast , Bodalchem , Manugraph , Sanghvimov , Blueblends , Kemrock , Stcindia , Bhagwatiho , Kaushalya , Sakthifin , Welinv , Jswispat , Sakhtisug , Vsttillers , Jpinfratec , Trigyn , Tvtoday , Jpassociat  , Rajpalayam , Shreyanind , Jhs , Punjlloyd , Paraspetro , Clutchauto , Punjabchem , Ongc , Heidelberg , Shilpi , Megh , Eurocera , Shilpamed , Jumbo , Ester , Pfs , Mandhana , Celestial , Pel , Maithanall , Celebrity , Texrail , Atninter , Atlanta , Texinfra , Gipcl , Asil , Oswalagro , Dishman , Enil , Orientltd , Bluechip, Asahiindia , Precwire , Sumeetinds , Arrowtex , Mayuruniq , Sakuma , Hanung , Hexaware , Sadbhav , Britannia , Amrutanjan , Pochiraju , Aichamp , Weizmanind , Omaxe , Bindalagro, Weizforex , Inventure , Gabriel , Sunteck , Bglobal , Diapower , Sunteck , Dcw , Deltamagnt.



EX- Dividend  + Board Meeting -


EX- Dividend  - Aarti Drugs, Aarti Inds, Ashoka Buildcon, Container Corp, Cummins India, GMM Pfaudler, Greaves Cotton, IRB 
Infra.
Board Meeting (Purpose) – Cigniti Tech (General ).