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WEEKLY NEWS

Mining sector in limbo, enters 2013 fraught with

worries
Year 2012 for India Inc was disastrous. It was failure after failure that hit the mining industry. First it was Karnataka where mining activates were banned and then Goa. The shortage of iron ore also affected the steel-makers. Input costs surged exponentially

SEBI's revised delisting norms: 45 cos assure of

compliance
Delisting has been a sore point for every corporate looking to exit the markets. The process is so tedious,

WEEKLY EQUITY NEWSLETTER


24TH DECEMBER 2012

even bankers want it to be changed. But market regulator SEBI is in no hurry to review the process. CNBC-TV19s Sajeet Manghat and reports. Ashmit Kumar

CCI dismisses plea against DLF Group


Competition watchdog CCI has dismissed a plea for

MARKET UPDATE:Nifty down by 13 pts and settle at 5847.70 Bank Nifty down by 88 pts at 12315.05

investigating alleged abuse of market dominance by realty major DLF Group that was related to a commercial office project here.In an order released today, the CCI said that there is no need for proceeding with the plea against DLF Commercial Complexes Ltd for alleged abuse of dominance, while allotting office space in its DLF Tower project in West Delhi, as the company "was not dominant in the relevant market determined by the Commission".

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MARKET ANALYSIS
THE MARKET DECLINED MARGINALLY LAST WEEK ON WEAK GLOBAL CUES AMID DIMMING HOPES THAT US POLITICIANS WILL REACH A DEBT DEAL BEFORE THE END OF THE YEAR. U NITED STATES IS THE WORLD'S BIGGEST ECONOMY. G AINS FUELLED BY HOPES OF NEW GOVERNMENT REFORMS ALSO SUBSIDED AS THE WINTER SESSION OF PARLIAMENT ENDED ON THURSDAY, 20 DECEMBER 2012. THE BSE SENSEX FELL 75.25 POINTS OR 0.39% TO 19,242 IN THE WEEK ENDED FRIDAY, 21 DECEMBER 2012. THE 50-UNIT S&P CNX NIFTY DECLINED 31.90 POINTS OR 0.54% TO 5,847.70 IN THE WEEK. AMONG THE 30-SENSEX SHARES, 20 ROSE AND THE REMAINING SHARES DECLINED. TATA STEEL (UP 8.13% TO RS 429.55), HINDALCO INDUSTRIES (UP 7.63% TO RS 129.15), JINDAL STEEL & POWER (UP 5.52% TO RS 454.25) AND STERLITE INDUSTRIES (INDIA) (UP 3.31% TO RS 116.95), EDGED HIGHER. P HARMA MAJOR CIPLA ROSE 3.68% TO RS 418.90. THE STOCK SCALED A RECORD HIGH OF RS 430 IN INTRADAY TRADE ON FRIDAY, 21 DECEMBER 2012. C OMMERCIAL VEHICLES MAJOR TATA MOTORS ROSE 2.57% TO RS 299.40. THE COMPANY EARLY THIS WEEK ANNOUNCED THE LAUNCH OF A NEW VARIANT OF ITS CROSSOVER VEHICLE TATA ARIA VIZ. TATA ARIA P URE LX WITH A BOUQUET OF FEATURES. MORTGAGE LENDER HDFC FELL 2.82% TO RS 828.35. INDIA'S SECOND LARGEST PRIVATE SECTOR BANK BY NET PROFIT HDFC BANK SHED 1.80% TO RS 676.30.

EXPERT OPINION
NIFTY WEEKLY PIVOTS

NIFTY
Nifty looks Consolidate Strategy: Sell on rise Support:5790 Resistance: 5910

BANK NIFTY
Bank Nifty looks Consolidate Strategy: Sell on rise Support: 12115 Resistance: 12515

NIFTY WEELY PIVOTS


PIVOTS NIFTY R4 6217 R3 6101 R2 5985 R1 5916 PP 5869 S1 5800 S2 5753 S3 5637 S4 5521

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NIFTY WEEKLY CHART

WEEKLY BANK NIFTY CHART

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GAINERS AND LOOSERS


WEEKLY NIFTY GAINERS
SCRIPS RATE VOL. (000) PR. CLOSE NET CHANGE % CHANGE

Tata Steel Hindalco Jindal Steel & Power Cipla Sesa Goa
. SCRIPS

430.70 129.30 454.55 419.75 194.70

2634.94 6224.17 3234.00 1224.62 1743.29

397.00 119.95 431.20 403.00 187.75

33.70 9.35 23.35 16.75 6.95

8.49 7.79 5.42 4.16 3.70

WEEKLY NIFTY LOOSERS


RATE VOL. (000) PR. CLOSE NET CHANGE % CHANGE

JP Associate Cairn India Ambuja Siemens ITC

96.70 312.00 199.75 659.40 287.05

13739.47 1622.27 2837.14 115.48 4475.19

101.50 324.65 206.45 680.65 295.95

-4.80 -12.65 -6.70 -21.25 -8.90

-4.73 -3.90 -3.25 -3.12 -3.01

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