Nasdaq Composite Index 4,698 4, % DII's contribution to the total turnover 21%

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1 Top Gainers BSE Smallcap Top Losers BSE Smallcap Top Gainers BSE Midcap Top Losers BSE Midcap Top Gainers BSE 100 Top Losers BSE 100 Top Gainers CNX Nifty Top Losers CNX Nifty Morning Notes 27-Aug-2015 Indices 26-Aug 25-Aug % Chg. Major Indices 26-Aug 25-Aug % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,715 26, % CAC 40 Index 4,501 4, % 26-Aug Buy Sell Net S&P CNX NIFTY 7,792 7, % DAX Index 9,997 10, % FII / FPI Investments S&P BSE MidCap 10,477 10, % Dow Jones Industrial Average 16,286 15, % DII's Investments S&P BSE SmallCap 10,712 10, % FTSE 100 Index 5,979 6, % FII's contribution to the total turnover 54% BSE Sectoral Indices Nasdaq Composite Index 4,698 4, % DII's contribution to the total turnover 21% S&P BSE POWER 1,829 1, % Major Asian Indices 26-Aug 25-Aug % Chg. FII's in Derivatives Rs.Crs S&P BSE METAL 7,162 7, % Hong Kong 21,080 21, % 26-Aug Index Fut Index Opt Stock Fut Stock Opt S&P BSE REALTY 1,234 1, % Nikkei ,377 17, % Net S&P BSE CONSUMER DURABLES 10,602 10, % Korea 1,894 1, % OI S&P BSE PSU 6,723 6, % Shanghai 2,927 2, % Chg.OI 14.3% 1.8% 0.9% -4.6% S&P BSE AUTO 17,679 17, % Taiwan 7,716 7, % FIIs' contribution to the total Derivatives turnover 26% S&P BSE CAPITAL GOODS 16,069 16, % S&P BSE IT 10,892 10, % Commodities (MCX) 26-Aug 25-Aug % Chg. Curr. Derivatives (NSE) 26-Aug 25-Aug % Chg. S&P BSE FMCG 7,630 7, % Aluminium (31AUG2015) % USDINR 27-AUG % S&P BSE OIL & GAS 8,532 8, % Copper(31AUG2015) % EURINR 27-AUG % S&P BSE TECk 5,928 5, % Crude (21SEP2015) 2,610 2, % JPYINR 27-AUG % S&P BSE HEALTHCARE17,195 17, % Gold (5OCT2015) 26,471 26, % DJIA (18-SEP-2015) % S&P BSE BANKEX 19,395 19, % Silver (4SEP2015) 33,423 34, % S&P500 (18-SEP-2015) % Company LTP Chg % Chg Company LTP Chg % Chg BHEL TECHM TATAPOWER HEROMOTOCO CAIRN AMBUJACEM POWERGRID HEROMOTOCO BAJAJ-AUTO TECHM Company LTP Chg % Chg Company LTP Chg % Chg RELINFRA BHARATFORG GMRINFRA AMBUJACEM RELCAPITAL TATACHEM CROMPGREAV SAIL BHEL TECHM Company LTP Chg % Chg Company LTP Chg % Chg RELINFRA BHARATFORG GMRINFRA TATACHEM JSWENERGY GODREJIND RELCAPITAL BRITANNIA CROMPGREAV UNIONBANK Company LTP Chg % Chg Company LTP Chg % Chg IFGLREFRAC LIFELINE SANDUMA GOLDLINE KESORAMIND CCLINTER UBHOLDINGS TRF NILKAMAL BLISSGVS Domestic Market View F&O series expiry session to get a gap-up start tailing jubilant global cues The Indian markets suffered another big sell-off in last session and markets despite showing some early recovery sign ended lower by over a percent. Today, the start of the F&O series expiry session is likely to be a gap-up one on jubilant global cues. Apart from short covering and bargain hunting traders will be getting some support from a report of India Ratings that the government can spend an additional Rs 37,200 crore more this fiscal year in infra investments or bank recapitalisation and still not miss the 3.9 percent fiscal deficit target, attributing the surplus to the higher indirect tax collections, which till July rose a healthy 39 percent and a massive decline in crude prices. The infra stocks are likely to remain in action, as the Centre has allowed road developers to completely exit BOT (build-operate-transfer) projects two years after completion and invest the funds in incomplete highway projects, power plants or retire debt. However, there will be some cautiousness too, with the RBI Governor Raghuram Rajan s statement that it will be a long time before India can replace China as a growth engine for the global economy, even if it grows at a faster rate. Aviation stocks too will be buzzing, as the Prime Minister has said that the financial aspects of various proposals being included in the civil aviation policy must be considered before making them a part of the policy. Textile stocks may see some action, as the textiles ministry is making out a case for keeping the industry in the lowest slab of the proposed GST.

2 Domestic Market Overview Benchmarks resume southward journey; Nifty slips below 7,800 mark Penultimate session of F&O series expiry turned out to be a daunting one for stock markets in India, with benchmarks ending below their crucial 7,800 (Nifty) and 25,800 (Sensex) levels. Key domestic markets, resuming their southward trend, clobbered out of shape with frontline gauges shaving off over a percentage point on Wednesday as traders booked profit mainly in last leg of trade. Earlier, after a gap-down opening markets witnessed significant recovery as traders got some support with the global rating agency Moody s latest report that it will upgrade India's rating if the government is able to push through reforms, inflation stabilises, regulatory environment improves and infrastructure investment rises. Traders got some sense of relief with Reserve Bank of India Governor Raghuram Rajan s statement that there is confidence that we are actually quite healthy, last time we did not have the confidence that is the big difference this time. However, the sentiments were spooked largely in last leg of trade where frontline gauges once again entered into red terrain as investors feared fresh rate cuts in China may not be enough to stabilise its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Depreciation in Indian rupee too dampened the sentiments. The rupee depreciated by 4 paise to against the US dollar at the Interbank Foreign Exchange at the time of equity market closing due to fresh dollar demand from importers. Moreover, the traders will be keenly watching whether the government succeeds in convening a special session of Parliament to pass the crucial GST bill. The sentiments were also under pressure on reports that foreign portfolio investors (FPIs) sold shares worth a net Rs crore on August 25, 2015, as per provisional data released by the stock exchanges Global Market Overview Asian markets close mostly in green on Wednesday The Asian markets closed mostly in green on Wednesday, while China s stock market has fallen again, for the fifth day running, as the market rout continues despite its central bank s efforts to calm the crisis by cutting interest rates on Tuesday. The People s Bank of China cut its benchmark interest rate and lowered the amount of cash banks are required to hold, as Beijing steps up efforts to support a stock market rout and a deepening economic slowdown. The People s Bank of China cut the one-year lending rate to 4.6% from 4.85% effective Wednesday. China s central bank also reduced its reserve requirement ratio by 0.5%, with that requirement effective on September 6. China s central bank injected 140 billion yuan ($21.8 billion) into the interbank money market via short-term liquidity operations (SLOs). The loans, which mature in six days, have an average interest rate of 2.3%. The PBOC launched SLOs in 2013 to supplement its other monetary policy tools. US markets closed higher; snaps six-day rout The US markets closed higher on Wednesday, snapping the six-day stock-market rout, with Dow and S&P 500 posting their largest gains in nearly four years. The jump attributed to fresh stimulus measures by China s central bank as well as better-than-expected economic data. New York Fed President William Dudley, a pivotal member of Fed Chairwoman Janet Yellen s inner circle, backed away from supporting an interest-rate hike at the US central bank s September meeting. Dudley stated that wild swings in global financial markets, the slowing Chinese economy and falling commodity prices have increased the downside risks to the US economic outlook somewhat. There could be less demand for US goods and services, as strains are rising on emerging economies. And the drop in stock prices effectively has had the same impact as higher interest rates by tightening financial market conditions. The New York Fed President is a fairly dovish US central banker. But more important, he is seen as reflecting Yellen s views. Dudley added that it was important not to overreact to the stock-market tumble and stressed his views could change again before the Fed meeting on September

3 Index Futures (OI in '000 Shares) Future Chg Spot Chg Prem / Total Open Interest 26-Aug (%) 26-Aug (%) Disc 26-Aug Chg (%) NIFTY 7, , , CNXIT 11, , BANKNIFTY 16, , , Increasing OI, Increasing Delivery Qty & Increasing Price in Stock Futures (Open Interest in '000 Shares) Symbol Total OI Del Qty Cash Market Prev Increase Spot Fut Spot Fut Prem / 26-Aug % Chg. 26-Aug % Del. % Del. Del Qty (Rs.) (Rs.) Chg (%.) Chg (%.) Disc PETRONET 4,052 12% 569,995 64% 49% 196, % -1.1% -2.1 OIL % 370,534 67% 63% 107, % 1.0% -3.1 TATAMOTORS 46,970 8% 8,644,502 56% 54% 765, % 1.2% -2.9 KSCL 1,755 4% 439,368 24% 30% 81, % 5.2% 0.4 IBULHSGFIN 5,002 1% 1,743,677 60% 51% 130, % 2.3% -2.6 Increasing OI, Increasing Delivery Qty & Decreasing Price, (Open Interest in '000 Shares) Symbol Total OI Del Qty Cash Market Prev Increase in Spot Fut Spot Fut Prem / 26-Aug % Chg. 26-Aug % Del. % Del. Del Qty (Rs.) (Rs.) Chg (%.) Chg (%.) Disc AMBUJACEM 9,010 25% 14,848,593 81% 60% 11,556, % -4.3% 1.0 HDFC 14,428 16% 6,155,625 75% 73% 1,824, % -3.8% 1.8 HINDZINC 3,704 7% 850,271 60% 54% 112, % 0.2% 0.4 HEROMOTOCO 1,308 6% 1,128,709 81% 63% 735, % -3.1% -0.5 ASIANPAINT 4,403 5% 593,656 43% 37% 39, % 0.1% 1.7 JUSTDIAL 1,406 5% 348,764 35% 28% 44, % -2.3% 1.1 MCLEODRUSS 2,955 4% 169,006 42% 24% 67, % -1.8% 0.4 M&M 5,365 3% 931,246 70% 59% 285, % -3.0% 1.0 ABIRLANUVO 604 3% 126,113 46% 41% 23, % -3.4% 3.9 Open Interest Break-up (Rs. in Cr.) 26-Aug 25-Aug Change in OI % Chg INDEX FUTURES 27,159 25,073 2, INDEX OPTIONS 149, ,588 3, TOTAL INDEX 176, ,661 6, STOCK FUTURES 64,928 65, STOCK OPTIONS 23,696 23, TOTAL STOCKS 88,624 88, GRAND TOTAL 265, ,277 6, FII's 167, , Others 98,084 96,

4 Corporate News Sun TV Network has entered into partnership with HOOQ, a video streaming service provider, for video on demand services. HOOQ has recently entered into the Indian market with over 30,000 hours of movies & TV series and will now carry Sun TV's library that includes a mix of super hit films from Tamil, Telugu, Malayalam & Kannada languages. The content catalogue includes titles 3, Jilla, Naduvula Konjam Pakkatha Kanaom, Manam Kothi Paravai, Mayakkam Enna, Oru Kal Oru Kannadi, Ragalapuram, Kanchana, Neram, Kazhugoo (New), Sundara Pandian, Mankatha and many more. Cairn India is all set to expand its crude oil and natural gas carrying capacity by laying a new gas pipeline from its Barmer (Rajasthan) field. In this regard, the company will invest Rs 1,400 crore. Life Insurance Corporation of India (LIC) has raised its stake in Andhra Bank to 11.48% by acquiring 2.19% stake or 13,199,656 shares. Earlier, the company had 55,997,829 shares amounting to 9.29% of equity in the state-owned bank. In order to develop intermediate and light commercial vehicles, Mahindra & Mahindra (M&M), a flagship company of the Mahindra Group, is planning to invest Rs 700 crore in its commercial vehicle business in the next two years. The company wants to become a full range commercial vehicle player with focus on developing vehicles in the 9-16 tonnes range. As part of the product development project which began last year, the company plans to introduce intermediate commercial vehicles (ICVs), medium commercial vehicles (MCVs), upgrade light commercial vehicles (LCVs) and consolidate its heavy commercial vehicles (HCV) segment. Monnet Ispat and Energy has agreed in-principle to offload its holding in Orissa Sponge Iron & Steel (OSISL), which owns iron ore reserves in the Odisha to Bhushan Steel (BSL). However, no commercial terms and valuations have been finalised. Gammon India is reportedly in talks with Hinduja Group to sell its EPC business and negotiations may be hovering around a valuation of Rs 300 crore. Recently, the company announced its plans to separate its EPC as well as transmission & distribution businesses into subsidiaries called Gammon Retail Infra and Transrail Lighting, respectively. Cambridge Technology Enterprises (CTE), an IT services leader focused on the convergence of big data and cloud, has entered into agreement with a private leading technology company connecting the worlds of print, archive, and online. Mahindra Truck and Bus Division (MTBD), a part of the USD 16.9 billion Mahindra Group, has rolled out its 15,000th heavy commercial vehicle (HCV) from the state-of-the- art plant in Chakan, Maharashtra. In addition, the company also reached a sales milestone of 125,000 light commercial vehicles (LCVs) on Indian roads. AGC Networks and Avaya, a leading global provider of solutions that enable customer and team engagement, have entered into an agreement to deliver cloud-based services to businesses across India. Under the terms of the agreement, AGC Networks will deliver communication and collaboration capabilities for new and existing customers in India, with the support and expertise of the Avaya Private Cloud Services organisation. National Thermal Power Corporation (NTPC) has presented a cheque of Rs 6 crore towards Skill Development. The company has signed a MOU with National Skill Development fund (NSDF), under ministry of skill development and entrepreneurship (MSDE) and NSDC on June 26, for skilling of 25,000 youths. Mindtree, a leading digital transformation and technology services company, has completed the closing conditions and obtained necessary regulatory approvals with respect to the acquisition of entire ownership interest in Relational Solutions, Inc., a US based IT solutions provider specializing in technology services to the consumer goods industry. The company had entered into a definitive agreement on July 16, 2015 for acquisition of Relational Solutions, Inc. Tech Mahindra s in-house developed platform TAP (Tech Mahindra Analytics Platform) for Big Data solutions has been certified by Hortonworks, a technology leader and ecosystem builder for the Apache Hadoop industry. TAP, an asset-based delivery kit, addresses the critical and evolving needs of customers with a multitude of diverse use cases in Big Data Analytics. It is one of the

5 major technology initiatives in the Analytics area and the certification by Hortonworks adds further value to this asset and enables the delivery of analytics solutions on the HWX platform. UCO bank has entered into partnership pact with FreeCharge to enable efficient recharge and bill payments for their consumers. This first public sector bank alliance with FreeCharge will empower PSUs in adapting digital innovation of online transactions serving all the mundane tasks. Larsen & Toubro s (L&T) subsidiary L&T Construction s Power Transmission and Distribution Business has bagged order worth Rs 864 crore from Qatar General Electricity & Water Corporation KAHRAMAA for its ongoing Qatar Electricity Transmission Network Expansion Plan-Phase XII. Gayatri Projects has bagged various orders from National Highways Authority of India (NHAI) worth Rs 3318 crore. Of total, the company has bagged contract worth Rs 741 crore for 4- laning of Ghaghra Bridge to Varanasi Section of NH-233 from km to km ( Package -II from Bhudanpur Urban Section to Start of Gossai Bazar bypass) in the state of Uttar Pradesh under NHDP Phase -IV on EPC mode. The company has also won order worth Rs 785 crore for 4- laning of Ghaghra Bridge to Varanasi Section of NH-233 from km to km (Package -III from Start of Gossai Bazar bypass to Varanasi) in the state of Uttar Pradesh under NHDP Phase - IV on EPC mode. Government of India (GOI) has decided to infuse capital funds to the tune of Rs 5,393 crore in State Bank of India (SBI), the country's largest lender by way of preferential allotment of equity in favour of the GOI. The board of the bank on August 25, 2015 has approved infusion of capital. Morgan Stanley Mauritius Company has sold lakh shares of Federal Bank through the open market route. The shares were sold on an average price of Rs 60.28, valuing the transaction to Rs crore. Foreign Investment Promotion Board (FIPB) has recommended Cadila Healthcare s proposal for equity infusion of Rs 5000 crore to the Cabinet Committee on Economic Affairs (CCEA). The company is seeking approval for fresh equity infusion of up to Rs 5,000 crore under FDI route by QIBs through Qualified Institutional Placement on a private placement basis for the expansion of the business. Currently, the Finance Ministry can approve investments up to Rs 3,000 crore with amounts exceeding that having to be referred to the Cabinet panel. Edelweiss Financial Services subsidiary Edelweiss Tokio Life Insurance has been granted approval by the Foreign Investment Promotion Board (FIPB) for increase in foreign equity from 26% to 49% of the paid up capital. It is proposed that Tokio Marine & Nichido Fire Insurance will invest a sum of not exceeding Rs 540 crore in the company. Government of India (GOI) has decided to infuse capital funds to the tune of Rs 407 crore in Dena Bank by way of preferential allotment of equity in favour of the GOI. The board of the bank on August 20, 2015 has approved infusion of capital. Further, the bank is taking necessary steps / approvals in this regard. Glenmark Pharmaceuticals (GPL) is planning to launch new products in the domestic market during the current financial year ( ) and hopes to report a growth of percent. The company wants to increase its focus on the Indian market across four key areas, including dermatology, diabetes, cardiology and respiratory segments. The company derives about 26% of its revenues from the India, which is its second largest market. IL&FS Transportation Networks is planning to raise upto Rs 1,000 crore to augment its long-term resources. The company would seek shareholders approval for the same in the ensuing annual general meeting, which is scheduled for August 26, Jindal Steel & Power (JSPL), the Naveen Jindal-led firm, will seek shareholders nod for raising up to Rs 15,000 crore via securities for loan refinancing and capital expenditure. The company is also evaluating various options including selling stake in its overseas subsidiaries. The firm will put these proposals before the shareholders at its annual general meeting scheduled next month.

6 JK Paper is aiming to scale up its exports further by 25% during FY16 on the back of availability of additional capacity. The company exported over 40,000 tonnes in FY15, up by 150% Year-on-Year (Y-o-Y). Moreover, the company is actively involved in market expansion beyond the shores of India. Tata Consultancy Services (TCS) has gifted $35 million to Carnegie Mellon University (CMU) marking a new era of partnerships between leaders in industry and academia. Representing the largest corporate gift to CMU and the largest gift from outside the US, this donation will fund a new facility, the Tata Consultancy Services Building, which will support education and cutting-edge research by CMU faculty and students. Niraj Cement Structurals has secured 2 tenders worth Rs crore. The first tender is from Odisha PWD for project - Improvement Khajuripada - Nuagada road (ODR) from 0/000 km to 5/800 km in the district of Gajapati under State Plan for the year shall be developed at a cost of Rs 6.85 crore. Indian Oil Corporation (IOC) has inked a Memorandum of Understanding (MoU) with Nepal Oil Corporation (NOC) in August 25, 2015 for construction of 1.3 MMTPA capacity Raxaul-Amlekhgunj Petroleum product pipeline along with some works at Amlekhganj Petroleum Depot of NOC..Economy Low prices of crude responsible for dip in exports: Commerce Ministry Commerce & Industry Ministry additional secretary J K Dadoo has said that due to fall in fuel prices overseas, the exports of petroleum products have been dipped. Low prices of crude, metal and commodity, dip in manufacturing and slowdown in western markets are some of the factors attributing to the fall. Also there has been increase in demand for petroleum-based products in the domestic markets because of the deregulation of diesel prices. Dadoo further said that trading with the European Union has been impacted due to economic woes of the 27-nation bloc. Reliance, which accounts for over quarter of the country s exports reported over 40% plunge in exports in Q1 of the current fiscal. Essar Oil too reported decline in petroleum products exports during the same quarter as oil prices across the globe were falling, due to fall in demand in the world's largest oil consumer China and increased shale gas production in the US, which is the second largest oil market globally. Govt approves 16 FDI proposals worth Rs 1,153 crore Based on the recommendation of Foreign Investment Promotion Board (FIPB) Government has approved 16 foreign direct investment (FDI) proposals amounting Rs 1, crore approximately, including that of Edelweiss Tokio Life Insurance, Encore Asset Reconstruction Company and News Laundry Media. FIPB cleared proposal of Edelweiss Tokio Life Insurance to increase foreign equity from 26% to 49% of its paid-up capital. Further, government gave nod to News Laundry Media for raising its foreign equity from 6.25% to 18.64%. FDI proposal of Tata Global Beverages was also cleared for issuing shares to foreign collaborators of Mount Everest Mineral Water, a subsidiary of TGBL, pursuant to merger of the two companies. Besides, FIPB also cleared FDI proposals of Arkadin ConferIndia, Zone Startup (India) Advisory, HSS BIM Solutions, Cogniphi Technologies, Move.in (Singapore), Logbase Inc, Celon Laboratories, Elanco India, Kinedex Healthcare, Windlas Biotech, Cairnhill CIPEF and Cairnhill CGPE and that of Akumentis Healthcare. However, 11 proposals, including that of Apollo Hospitals Enterprise, Aegon Religare Life Insurance, Almondz Insurance Brokers, Indian Herbs Specialties, IIFL Holdings and BTI Payments, were recommended for deferment. Meanwhile, similar number of proposals were rejected including that of Bloomberg Data Services India, Taurus Ventures, Architects 49, Afro Asia Equipments and Dhanvantari Technologies.

7 Ratings can be upgraded if government is able to push through reforms: Moody s Global rating agency Moody s has said that it will upgrade India's rating if the government is able to push through reforms, inflation stabilises, regulatory environment improves and infrastructure investment rises. In its latest report the rating agency has said that India's rating could be upgraded if it's expectations of gradual but credit positive reforms are realised in actual policy implementation and if the recent improvement in inflation, fiscal and current account ratios is sustained. Moody s which is having a 'Baa3' rating on India with a positive outlook, said that it had changed its outlook on India in April to positive from stable, based on premise that the proposed policies are likely to lower sovereign credit risk by stabilising inflation, improving the regulatory environment, increasing infrastructure investment while maintaining the ongoing improvement in fiscal ratios. Though, it also cautioned that rating outlook would likely return to stable if there was 'a slowdown or reversal of the policy reform process, if banking system metrics continue to weaken, or if there is a decline in foreign exchange reserves coverage of external debt and imports. It also said that India's performance on political stability, regulatory quality, control of corruption and government effectiveness is weaker than the median for sovereigns rated in the Baa range. Panic should subside soon, we have enough ammunition: RBI governor Trying to soothe the nerves of the investors after the global rout, the Reserve Bank of India Governor Raghuram Rajan has said that there is confidence that we are actually quite healthy, last time we did not have the confidence that is the big difference this time. We know this will pass and at some point the market will wake up and at that point start differentiating.' He further added that Based on what I have seen so far there is no strong reason to believe that we are on the verge of another crisis...but we have to be vigilant about some of those fragilities that have built up.' Talking about the China-led slowdown he said China is a big country and every adverse development has impacts, even as he warned against overburdening central banks to fix struggling economies. He said There is a lot of uncertainty about what the real numbers are...the numbers have to come out but China is a big country, has become very important to the global economy. Every adverse development across the world affects the rest of the world in some ways. The devaluation of the Chinese yuan on August 11 sparked a global selloff in equities, commodities and currencies. Govt to auction 20 major iron ore mines this year to revive mining industry In a bid to revive mining industry, the government is planning to auction about 20 major iron ore mines this year in its first such sale ever. This move will help to curb wrongdoing and is expected that mine sales will bring India closer to its target of tripling the steel capacity to 300 million tonnes by 2025 and relying less on ore imports, however it is unlikely to lead to an immediate boost in iron ore output at a time when there is a global glut. In the last financial year, India had produced 136 million tonnes of iron ore. About 1.5 million tonnes of ore are needed to make 1 tonne of steel, implying India's ore output will have to more than triple in 10 years if steel companies are to be self sufficient. Most of the iron ore mines being sold are in the southern state of Karnataka, known for its high-quality ore. This will greatly benefit local steelmakers like JSW Steel. Led by JSW's purchases, country s ore imports hit a record of over 15 million tonnes previous financial year as global prices collapsed. Mines Secretary Balvinder Kumar has said that Most of the states are in the midst of carrying out their pre-auction activities and hopefully by the end of October and November onwards they will start (auctions) and said that about 80 mines to be auctioned in the first phase, including limestone, gold and about 20 iron ore mines, furthermore, he added that States are estimating reserves. RBI governor also acknowledged that his situation was not typical in the current climate because unlike most global economies India still has high inflation at close to 6 percent. Interest rates are also high at 7.25 percent despite having been cut three times this year to try and stimulate growth. Source: Reuters, Ace Equity & LKP Research

8 Tech View CNX Nifty Technical View Nifty continued to show its pattern of rising during the day and giving up all its gains finally closing with considerable downside. However, Nifty is seen bouncing from levels which implies immediate supports are likely to be around 7800 levels and unless Nifty breaches this level further downside will be restricted. Nifty is expected to face strong resistance at levels. Nifty is expected to open with points gap up and likely to test 7920 levels which if held on closing basis can lead to further upside in momentum and if it fails to hold 7920 levels then an intraday fall till 7850 can be seen. IMPORTANT LEVELS FOR THE DAY Support BSE NSE BANKNIFTY S1 25, S2 25, Resistance R1 26, R2 26, Pivot 25,843 7,833 16,988

9 Tech View PIVOT POINTS Scrip Name CMP RB2 RB1 PP SB1 SB2 Scrip Name CMP RB2 RB1 PP SB1 SB2 ACC GAIL ADANIENT GLENMARK ADANIPORTS GMRINFRA ADANIPOWER GODREJIND ALBK GRASIM AMBUJACEM HAVELLS ANDHRABANK HCLTECH APOLLOHOSP HDFC APOLLOTYRE HDFCBANK ARVIND HDIL ASHOKLEY HEROMOTOCO ASIANPAINT HEXAWARE AUROPHARMA HINDALCO AXISBANK HINDPETRO BAJAJ-AUTO HINDUNILVR BANKBARODA HINDZINC BANKINDIA IBREALEST BATAINDIA ICICIBANK BHARATFORG IDBI BHARTIARTL IDEA BHEL IDFC BIOCON IFCI BPCL IGL CAIRN INDIACEM CANBK INDUSINDBK CENTURYTEX INFY CESC IOB CIPLA IOC COALINDIA IRB COLPAL ITC CROMPGREAV JINDALSTEL DABUR JISLJALEQS DISHTV JPASSOCIAT DIVISLAB JPPOWER DLF JSWENERGY DRREDDY JSWSTEEL EXIDEIND JUBLFOOD FEDERALBNK JUSTDIAL

10 Tech View Scrip Name CMP RB2 RB1 PP SB1 SB2 Scrip Name CMP RB2 RB1 PP SB1 SB2 KOTAKBANK TATACHEM KTKBANK TATACOMM L&TFH TATAGLOBAL LICHSGFIN TATAMOTORS LT TATAMTRDVR LUPIN TATAPOWER M&M TATASTEEL M&MFIN TCS MARUTI TECHM MCDOWELL-N TITAN MCLEODRUSS UBL MRF UCOBANK NHPC ULTRACEMCO NMDC UNIONBANK NTPC UNITECH OFSS UPL ONGC VOLTAS ORIENTBANK WIPRO PETRONET YESBANK PFC ZEEL PNB POWERGRID PTC RCOM RECLTD RELCAPITAL RELIANCE RELINFRA RPOWER SAIL SBIN SIEMENS SRTRANSFIN SUNPHARMA SUNTV SYNDIBANK

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