EQLine Research and Services Pvt Ltd Advisory Desk - Market Summary November 07, 2014 Market View Indian markets are expected to open on a flat note tracing global markets & SGX Nifty. Yesterday, the US markets ended on a positive note as European Central Bank vowed to increase stimulus efforts if needed and a drop in US Jobless claims blostered optimism in the economy. Today, most of the Asian Markets are trading on a positive note. However, SGX Nifty is trading down by 8 points to 8405 levels. The support levels for NIFTY Cash for today are 8300-8250 and resistance level will be 8400-8450. Key Event for the Day 07:00 pm: US Change in Non-Farm Payrolls is expected to be 235,000 07:00 pm: US Unemployment rate is expected to remain unchanged at 5.9%. Domestic & Global Indices IndicesChg (%) BSE Sensex0.2 Nifty0.2 Dow Jones0.4 NASDAQ0.4 FTSE0.2 Shanghai Com0.1 (Pts) 55 14 70 18 12 2 (Close) 27916 8338 17554 4638 6551 2428 Market Outlook Indices Sensex NIFTY FII MFs 5742 1295 3835 843 1907 453 892 5940 S1 R1 R2 27775 8300 27846 8319 27998 8361 28081 8385 Technical Analysis IndexView NIFTYNeutral BANK NIFTY Net Inflows (October 31, 2014) Rs CrPurchSalesNet MTD S2 Neutral Support Levels 8300 – 8250 Resistance Levels 8400 – 8450 17200 – 17150 17500 – 17600 YTD 83912 15087 FII Derivatives (November 05, 2014) Rs CrPurchSales Net Index Futures23221600 722 Stocks Futures24613297 -836 OI 18144 47788 News Analysis Stock View Remark Hero MotoCorp Gujarat Sidhee Cement Marginally Negative Negative As per media reports, Bain Capital to sell $200mn of shares in Hero MotoCorp Company has informed stoppage of mining on environment ministry order which adversely affects production 1 212/4B, Ramani Srinivasan IInd street, Venkateswara Nagar, New Perungalathur, Chennai 600063. Ph: +919444119602 EQLine Research and Services Pvt Ltd Advisory Desk - Market Summary November 07, 2014 Result Review Stock View Colgate-Palmolive India Ltd Tata Global Beverages Ltd Consol Ashok Leyland Neutral Negative Positive Negative Canara Bank Positive Cummins India Remark Result came in line with estimates. Actual net profit came in at Rs.130cr vs. estimates of Rs.134cr. Result came below estimates. Actual net profit came in at Rs.62.5cr vs. estimates of Rs.95cr. Result came above estimates. Actual net profit came in at Rs.121cr vs. estimates of Rs.21cr. Result came below estimates. Actual net profit came in at Rs.627cr vs. estimates of Rs.702cr. Result came above estimates. Actual net profit came in at Rs.203cr vs. estimates of Rs.144cr. Quarterly Bloomberg Broker's Consensus Estimates 2QFY15E Particulars (Rs cr) Stocks Bank of Baroda Larsen & Toubro Ltd Net profit Net profit 1,269 956 2QFY14 y-o-y (%) 1QFY15 q-o-q (%) 1,168 978 8.6 (2.2) 1,362 894 (6.8) 7.0 EQLINE RESEARCH 2 212/4B, Ramani Srinivasan IInd street, Venkateswara Nagar, New Perungalathur, Chennai 600063. Ph: +919444119602 EQLine Research and Services Pvt Ltd Advisory Desk - Market Summary November 07, 2014 Disclaimer The information herein, together with all estimates and forecasts, can change without notice. This report does not purport to be a complete solicitation of offers to buy or sell any securities. Visitors to the site are advised to consult experts or study prospectus and other legal offer documents issued by companies before taking any decisions based on information provided in the site. Neither http://www.eqinfotech.com or EQLine nor its Directors or Analysts or Employees accept any liability whatsoever nor do they accept responsibility for any financial consequences arising from the use of the research or information provided herein. EQLINE RESEARCH 3 212/4B, Ramani Srinivasan IInd street, Venkateswara Nagar, New Perungalathur, Chennai 600063. Ph: +919444119602