Morning Notes. Domestic Market View. LKP Advisory. 16-Dec-2015
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1 Morning Notes 16-Dec-2015 Indices 15-Dec 14-Dec % Chg. Major Indices 15-Dec 14-Dec % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,320 25, % CAC 40 Index 4,614 4, % 15-Dec Buy Sell Net S&P CNX NIFTY 7,701 7, % DAX Index 10,450 10, % FII / FPI Investments NIFTY MIDCAP ,941 12, % Dow Jones Industrial A 17,525 17, % DII's Investments NIFTY SMALL 100 5,362 5, % FTSE 100 Index 6,018 5, % FII's contribution to the total turnover 39% Nasdaq Composite Ind 4,995 4, % DII's contribution to the total turnover 18% BSE Sectoral Indices NIFTY AUTO 8,082 7, % Major Asian Indices 15-Dec 14-Dec % Chg. FII's in Derivatives Rs.Crs NIFTY ENERGY 8,102 7, % Hong Kong 21,274 21, % 15-Dec Index Fut Index Opt Stock Fut Stock Opt NIFTY FMCG 19,942 19, % Nikkei ,566 18, % Net NIFTY CONSUMPTIO 3,509 3, % Korea 1,933 1, % OI NIFTY MEDIA 2,437 2, % Shanghai 3,510 3, % Chg.OI -1.6% 1.2% 1.6% 3.8% NIFTY REALTY % Taiwan 8,073 8, % FIIs' contribution to the total Derivatives turnover 27% NIFTY PHARMA 11,555 11, % NIFTY FIN SERVICE 6,802 6, % Commodities (MCX) 15-Dec 14-Dec % Chg. Curr. Derivatives (NSE) 15-Dec 14-Dec % Chg. NIFTY BANK 16,399 16, % Aluminium (31DEC % USDINR 29-DEC % NIFTY INFRA 2,618 2, % Copper(29FEB2016) % EURINR 29-DEC % NIFTY PSU BANK 2,882 2, % Crude (18DEC2015) 2,519 2, % JPYINR 29-DEC % NIFTY METAL 1,736 1, % Gold (05FEB2016) 25,266 25, % DJIA (18-DEC-2015) % NIFTY IT 11,058 11, % Silver (4MAR2016) 33,593 33, % S&P500 (18-DEC-2015) % Top Gainers Top Gainers Top Gainers Top Gainers BSE Smallcap BSE Midcap BSE 100 CNX Nifty Company LTP Chg % Chg Company LTP Chg % Chg BOSCHLTD TECHM Top Losers HINDUNILVR PNB LUPIN IDEA ONGC WIPRO RELIANCE ICICIBANK Company LTP Chg % Chg Company LTP Chg % Chg ABB TECHM Top Losers GODREJCP IDEA UPL PNB TATAMTRDVR GMRINFRA BHARATFORG CROMPGREAV Company LTP Chg % Chg Company LTP Chg % Chg ABB GMRINFRA Top Losers UPL CROMPGREAV BHARATFORG JSWENERGY BERGEPAINT PETRONET BAJFINANCE OBEROIRLTY Company LTP Chg % Chg Company LTP Chg % Chg FORCEMOT IINFOTECH Top Losers MEGH CASTEXTECH RMCL GODFRYPHLP FINANTECH IL&FSENGG GRANDMA SRIPIPES CNX Nifty BSE 100 BSE Midcap BSE Smallcap Domestic Market View Markets to extend the gains on bullish global cues The Indian markets regained momentum in latter half of the trade in last session and posted good gains, with major averages regaining their crucial psychological levels. Today, the start is likely to be in green and the markets will extend the gains for the third day. Though, markets across the globe are heading into Fed decision day on a more positive note, but some cautiousness is likely to creep in towards the end of the trade in Indian market, with Fed widely expected to raise interest rates and traders eyeing the wording of the accompanying statement to gain clues about the outlook for policy. Markets may get some support with Finance Minister Arun Jaitley making a fresh bid to end the deadlock on Goods and Services Tax (GST) bill as he reached out to main opposition Congress. Meanwhile, it has been reported that the draft model law on GST will be finalised in a month's time. However, there will be some concern too, as the exports declined for the 12th month by more than 24 per cent to $20 billion in November, compared with $26.4 billion a year earlier, indicating that tepid global demand continues to be a drag on India's economic recovery. There will be some buzz in the oil & gas sector stocks, as the Oil Minister Dharmendra Pradhan has said that the Petroleum Ministry wants the Finance Ministry to cut cess on crude oil and make it ad valorem in view of the slump in global oil rates.psu oil marketing companies too will see some action, as the Petrol price has been cut by 50 paisa and diesel by 46 paisa a litre.
2 Domestic Market Overview Benchmarks end near day s high; bulls wake-up in late trade Tuesday s session turned out to be a fabulous day of trade for the Indian equity markets, where frontline gauges garnered gains of around half a percent. Hectic buying activity which took place during last leg of trade mainly drove the markets higher, with frontline gauges ending at intraday high levels, recapturing their crucial 25,300 (Sensex) and 7,700 (Nifty) bastions. Earlier, domestic bourses traded listless for most part of the day s trade near their previous closing levels as sentiments remained dampened on the report that retail inflation rose to 5.41 per cent in November, 4th straight month of uptick as prices of vegetables, pulses and fruits went up further to push the rate of price rise above the Reserve Bank s comfort level. However, sentiments took U-turn in last hour of trade as market-participants opted to take positions in beaten down but fundamentally strong stocks. Traders drew some encouragement with report that Global rating agency Fitch has retained India's sovereign rating at BBB-/Stable -- the lowest investment grade and said that the country will continue to post good growth despite subdued prospect for the Asia Pacific region. Meanwhile, market participants will keenly watch the proceedings of the two-day US Federal Reserve meet which begins later today. The US central bank is widely expected to raise interest rates for the first time in almost a decade. Appreciation in Indian rupee too supported the sentiments. The partially convertible rupee was trading at per dollar at the time of equity market closing against the Monday s close of on the Interbank Foreign Exchange. Some support also came from report that foreign institutional investors net bought index futures worth Rs 165 crore and stock futures worth Rs 124 crore on the NSE on Monday. Global Market Overview Asian markets made a mixed on Tuesday Asian equity markets ended mixed on Tuesday after crude oil prices which have been on the decline lately, rose in US trading session. Japanese shares though declined to a 7-1/2-week low, as investors avoided riskier assets ahead of the historic Federal Reserve meeting ending Wednesday. The US central bank is widely expected to raise its target range for the federal funds rate to percent, bringing an end to the seven-year period of near-zero interest rates. Chinese stocks too ended slightly lower, with a correction in banking and resource shares countering a surge in property firms that was triggered by hopes of more support measures for the real estate market. US markets closed higher ahead of Fed decision The US markets closed higher on Tuesday, recording a second session of gains ahead of a long anticipated meeting of the Federal Reserve s interest-rate setting committee. A surge in oil prices helped support the energy sector and gave stocks a lift as the Fed is slated to raise interest rates at the conclusion of its two-day policy meeting. On the economy front, the falling cost of gas and food kept consumer prices in check in November but some inflationary pressure appears to be building in the economy. The consumer price index was flat on a seasonally adjusted basis. Energy prices dropped 1.3% last month - gasoline price fell again - and food costs slipped 0.1% to mark the first decline since March. Inflation, however, is no longer trending lower. From November 2014 to November 2015, consumer inflation climbed 0.5%. Although that s still very low, it s the biggest annualized gain since December Similarly, core consumer prices increased at a 2% rate over the past 12 months for the first time since May The Federal Reserve wants overall inflation to rise to the 2% range, though the central bank relies on a different measure known as the PCE index that s rising at a much slower annualized rate. The PCE had risen a scant 0.2% through the 12 months ended in October.
3 Index Futures (OI in '000 Shares) Future Chg Spot Chg Prem / Total Open Interest 15-Dec (%) 15-Dec (%) Disc 15-Dec 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 / 15-Dec % Chg. 15-Dec % Del. % Del. Del Qty (Rs.) (Rs.) Chg (%.) Chg (%.) Disc TV18BRDCST 40,137 23% 84,78,097 53% 61% 28,46, % 1.9% 0.2 HINDUNILVR 4,039 18% 15,76,415 67% 63% 7,16, % 2.3% 0.9 ULTRACEMCO 1,158 9% 5,57,487 51% 24% 3,95, % 0.9% 3.1 KOTAKBANK 9,554 6% 10,76,246 73% 56% 5,63, % 1.6% -1 UNIONBANK 16,644 4% 6,73,124 25% 16% 2,45, % 0.4% -1 SKSMICRO 7,141 4% 3,56,563 28% 21% 1,77, % 2.7% 2.1 POWERGRID 17,268 3% 6,66,292 60% 33% 3,48, % 0.5% -0.4 RELIANCE 26,119 3% 21,36,291 59% 53% 8,53, % 1.9% 1.8 CESC 2,615 2% 2,00,196 27% 19% 59, % 0.1% 2.8 BAJAJ-AUTO 1,964 2% 80,656 46% 34% 15, % 0.8% -0.2 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 / 15-Dec % Chg. 15-Dec % Del. % Del. Del Qty (Rs.) (Rs.) Chg (%.) Chg (%.) Disc TECHM 8,149 7% 13,09,935 47% 49% 8,73, % -4.2% 2.4 CANBK 14,276 5% 6,71,994 34% 19% 3,70, % -1.1% 1.2 PNB 29,428 5% 19,78,890 37% 31% 1,49, % -1.5% 0.3 STAR 2,069 5% 2,21,075 24% 24% 64, % -0.1% 6.3 ICICIBANK 63,009 5% 70,71,191 57% 55% 4,44, % -1.3% 0.3 RELCAPITAL 11,412 5% 4,34,730 18% 11% 1,41, % -0.8% 2.0 SRTRANSFIN 2,954 2% 7,76,280 70% 54% 3,02, % -0.9% 3.6 TATAPOWER 26,512 2% 14,93,017 26% 32% 78, % -0.6% 0.2 ZEEL 7,073 2% 8,07,908 51% 39% 1,73, % 0.4% 0.3 WIPRO 6,603 2% 8,86,856 64% 40% 4,70, % -1.2% 2.1 Open Interest Break-up (Rs. in Cr.) 15-Dec 14-Dec Change in OI % Chg INDEX FUTURES 21,338 20, INDEX OPTIONS 1,33,615 1,31,716 1, TOTAL INDEX 1,54,953 1,52,624 2, STOCK FUTURES 64,466 63, STOCK OPTIONS 18,224 17, TOTAL STOCKS 82,689 81,237 1, GRAND TOTAL 2,37,642 2,33,861 3, FII's 1,47,250 1,45, Others 90,392 88,
4 Corporate News Bharat Heavy Electricals (BHEL) has added one more coal-based power plant to the grid by successfully commissioning a 500 MW thermal generating unit in West Bengal. The 500 MW (Unit 3) was commissioned at the upcoming Sagardighi Thermal Power Extension Project of West Bengal Power Development Corporation (WBPDCL), located at Sagardighi in Murshidabad district of West Bengal. This is the first unit of Phase II (2x500 MW) of the power plant and the second unit is also in advance stage of completion. Arcotech has received an order from India Government Mint (IGM), Mumbai for supply of 6000 MT Nickel Brass Coils worth Rs crore with an option of another 25% order making it an aggregate order of Rs crore. IDFC Bank -- a subsidiary of India's leading integrated infrastructure finance company -- IDFC, has successfully implemented Intellect Design Arena s Global Transaction Banking (igtb) solution suite. This combined digital solution by the company will play a key role in IDFC Bank's growth plans, as it seeks to introduce a differentiated form of banking. The deployment of the Global Transaction Banking suite was completed by the company in a record-breaking five-month period, with the full range of solutions going live in October KCP s operations at Engineering Unit Tituvottiyur, Chennai have been suspended temporarily, due to heavy rains/flood. The company will be able to assess the losses in due course, upon assessment done by the insurance company. The Andhra Pradesh government has allotted over 623 acres of land to Jain Irrigation Systems for setting up an integrated agriculture and horticulture park at Thangadancha Village, Jupadu Bangalow Mandal, Kurnool district on lease basis for 99 years. The market value of the land is Rs 4.5 lakh per acre and the total cost of the land is Rs 28 crore. Siemens is likely to acquire new businesses to support existing verticals of Energy, Automation and Engineering services. The company has a cash surplus of Rs 2300 crore could acquire new businesses. The company s management will look at the acquisition route either for getting a new technology, which could be used in local and international market, or accessing newer markets based on better dealership network. The company is already having 22 factories, therefore, investment in newer factories will be made when existing capacities are fully utilised. Visa Capital Partners has bought 3.49 lakh shares of Godawari Power & Ispat through the open market route. The shares were purchased on an average price of Rs 64 valuing the transaction to Rs 2.23 crore. Natco Pharma has received approval for the generic version of ledipasvir+sofosbuvir combination from Drugs Controller General (India). The company plans to launch this combination drug immediately, under its brand name Hepcinat LP, and through its strategic partners in India. Ledipasvir+Sofosbuvir is a two-drug fixed-dose combination product that contains 90 mg of ledipasvir and 400 mg of sofosbuvir in a single tablet, and sold globally by Gilead Sciences, Inc., under its brand HARVONI. It is indicated for the treatment of chronic hepatitis C (CHC) genotype 1 infection in adults. This single-tablet regimen is the first of its kind to offer significantly higher cure rates in Genotype-1 CHC infection compared to conventional therapies. Microsoft India is planning to sign a 4G data-bundling pact with India's No 1 carrier Bharti Airtel to encourage the latter's customers to buy the recently launched Lumia 4G smartphones. The 4G data-bundling pact will be extended to the more affordable Lumia 550, a 4G smartphone slated for launch in India around Christmas time. The Windows 10 device works only on a single 4G band (1800 Mhz) and is likely to be priced below Rs 10,000. Life Insurance Corporation of India (LIC) has bought 2.7 lakh shares or 0.1 per cent stake of Bharat Forge from the open market. Following the acquisition, LIC s stake in the forging company rose to 5 per cent from 4.9 per cent earlier. Tech Mahindra, a leading provider of IT, Networks and Engineering solutions and BPO services, and Mahindra & Mahindra (M&M), part of the global $16.9 billion Mahindra Group, have jointly entered into an agreement with Pincar S.r.l., to purchase a controlling stake in Pininfarina S.p.A., an iconic Italian brand in automotive and industrial design.
5 Ramco Cements is upgrading its capacity at Jayanthipuram unit. In this regard, the company has awarded Rs crore contract to Petron Engineering and Construction. Emami has launched its new winter cream, called Fair and Handsome Complete Winter Solution. The new offering is a highly differentiated product for men s winter skincare. It is aimed at those who have varying skincare needs during the winter. Ricoh India, a market leader in Printing & Document solutions and IT services, has launched huddle Room Solutions'. Huddle rooms -- small conference areas that can be equipped with audio, video and display technology -- are vital in the new world of work. Equipped with the right technology, these digital workspaces enable more teamwork and collaboration than traditional meeting and conference rooms. In a bid to expand its fast-growing cattle-feed business, Hatsun Agro Product is planning to acquire feed mill in Tamil Nadu. The company s board will meet on December 23 to consider a proposal to acquire a feed mill. Tata Motors has decided to raise its passenger vehicles' prices by upto Rs 20,000 from January The company is planning to increase the prices due to impact of various macro-economic factors. The Ministry of Water Resources, River Development & Ganga Rejuvenation, Govt. of India has awarded the work to National Buildings Construction Corporation (NBCC) to carry out work on Condition Assessment & Feasibility Study and Entry Level Activities under National Mission for Clean Ganga (NMCG) for all towns and cities of Bihar on the bank of river Ganga. HSIL is going to launch a new product i.e. Air Purifiers under the brand name Moonbow on December 15, The company is also in the process of launching water purifiers for home segment. As a part of its manufacturing consolidation in the US, Sun Pharmaceutical Industries one of wholly owned subsidiaries has entered into an agreement with Nostrum Laboratories Inc. (Nostrum) for the divestment of the Bryan (Ohio) unit in the US. NHPC shall completely shut-down its Parbati-III Power Station (4X130 MW) in Himachal Pradesh with effect from December 15, 2015 to February 15, This shut-down is in order to carry out repair of pressure shaft, sealing of surge shaft gate & MIV seals and annual maintenance of units. Jet Airways, India s premier international airline will be launching daily non-stop services between India and Amsterdam, its new European gateway which is ideally located for convenient onward connections. With effect from March 27, 2016, Jet Airways will operate two daily non-stop flights to Amsterdam Airport Schiphol, one each from its home hubs in Mumbai and New Delhi. Voltas has been honoured with the First Prize in the category Manufacturers of BEE Star Labeled Appliances (Air Conditioner), part of the National Energy Conservation Award The company had previously won the same award in December Conferred by the Ministry of Power s Bureau of Energy Efficiency, the award was presented to Voltas on National Energy Conservation Day. Hotel Leelaventure has completed the sale of hotel in Goa, namely The Leela, Goa on December 14, 2015, on a slump sale basis, for a lump sum consideration of Rs 725 crore..economy Govt looks to include micro, small and medium industries in startup definition In order to boost the Make in India campaign, the government is considering a proposal to include micro, small and medium enterprises (MSMEs) in its definition of startups. The Department of Industrial Policy and Promotion (DIPP) is leading the exercise of formulating the startup policy, along with ministries such as finance, skill development and MSME among others. Including MSMEs, collectively one of the biggest employers of people in India, is seen as positive for manufacturing and therefore employment generation, key aims of the Make in India programme. Besides, officials are also discussing specific criteria that would make an MSME eligible to be called a startup which would determine eligibility for incentives such as fewer compliance conditions,
6 cheaper credit and tax benefits. In order to qualify as a startup, an entity would also have to meet certain financial standards besides having a level of innovation in its product or service. The Start-Up India initiative is scheduled to be announced by Prime Minister Narendra Modi in January 2016 and the policy needs to be finalised by then. India wants to create an ecosystem that encourages entrepreneurship and is collecting suggestions from the startup community for steps that need to be taken to ensure that the Start-Up India initiative is a success. Dept of disinvestment looking at more realistic target of Rs 40,000 crore in FY2017 For the financial year , the Department of Disinvestment is keen on having a less ambitious fund raising target of about Rs 35,000-40,000 crore, through stake sales in public sector units. The issue will be discussed with the Departments of Expenditure and Economic Affairs, which will ultimately finalize Budget targets for However, the Department of Disinvestment is more optimistic about PSU stake sales in , with a policy on strategic sales which likely to be in place soon. For the financial year , Union budget had set a target of Rs 69, 500 crore from PSU stake sales. Out of which Rs 41,000 crore is to be raised from minority stake sales and Rs 28,500 crore through strategic sales. So far the department has been able to raise just Rs 12,701 crore Notably, the reliance on disinvestment proceeds is unlikely to ease even next fiscal year, with the Centre facing heavy and multiple expenditure demands, including those for implementation of the Seventh Pay Commission recommendations and the One Rank, One Pension scheme for defence personnel. Government in its Medium Term Fiscal Policy Statement of Union Budget has outlined plans to raise Rs 55,000 crore and Rs 50,000 crore in and , respectively, as disinvestment proceeds. Government to infuse Rs 5,000 crore into public sector banks Depending on the improvements in performance and efficiency, the finance ministry will infuse Rs 5,000 crore in public sector banks (PSBs) to boost their capital. In total eight lenders are expected to benefit from this last round of capitallisation in the ongoing fiscal year, including Vijaya Bank, Indian Bank and Syndicate Bank. Finance Ministry stated that We are committed to support PSBs but the onus is on them to improve their profitability and return on assets (RoA), which will be the key factors before allocating any further amount. The other parameters on which banks will be assessed include bad loans and growth in low-cost deposits. The finance ministry has also identified six banks - Bank of India, IDBI, Indian Overseas Bank, Bank of Maharashtra, UCO Bank, and United Bank of India which require special focus to arrest bad loans. Parliament's nod was sought for additional spending of Rs 56,256 crore in the second supplementary demand for grants, largely to cover excess expenditure on defence pensions and the Swachh Bharat Abhiyan. CPI inflation in November accelerates to 14 month high of 5.41% The retail or the Consumer Price Index (CPI) inflation for the month of November rose for the 4th-month in a row in November, accelerating to a 14-month high of 5.41 per cent from 5.0 per cent year-on-year in October, on sharp pickup in food prices and posing a challenge to further easing of monetary policy by the Reserve Bank. As per the data released by the Ministry of Statistics and Programme Implementation, the Consumer Price Index (CPI) on Base 2012=100 for Rural, Urban and Combined for the Month of November 2015 stood at 5.95%, 4.71% and 5.41% respectively as against 5.54%, 4.28% and 5.00 in the month of October On the same time, Consumer Food Price Index (CFPI) for all India Rural, Urban and Combined for the month of November 2015 stood at 5.83%, 6.53% and 6.07% respectively. The General Indices (Provisional) for the month of November 2015 for Rural, Urban and Combined are 128.3, and respectively. The CFPI for Rural, Urban and Combined for the same month are 132.5, and respectively. The rise in inflation was largely because of a spike in prices of some select food items that drove consumer food price inflation to 6.07 per cent in November from 5.25 per cent in October. Product wise, the inflation in pulses and products category rose to a
7 staggering percent in November, which pushed up the overall index for food and beverages to 6.08 percent. The price rise in spices category was higher at percent and for Pan, tobacco and intoxicants at 9.50 percent. The inflation of oil and fats stood at 6.59 percent. Fitch retains India's sovereign rating at BBB-/Stable Global rating agency Fitch has retained India's sovereign rating at BBB-/Stable -- the lowest investment grade and said that the country will continue to post good growth despite subdued prospect for the Asia Pacific region amid expected rise in US rates, dollar strength, and lower commodity prices. Fitch said that sovereigns are generally much less reliant on foreign-currency financing, and many countries now have more flexible exchange-rate regimes in place of the more prevalent use of explicit pegs before Adding that this gives authorities greater scope to let exchange rates act as a buffer today compared with the mid-1990s However, the rating agency expects Emerging Asia growth to slow to 6.3 per cent in 2016 from 6.5 per cent, driven almost entirely by a projected slowdown in China. Excluding the two giants China and India, the region is projected to expand 5.2 per cent in 2016 from 5 per cent, the fastest of any emerging region, it said in its report 'Emerging Asia Sovereign Outlook 2016 Source: Reuters, Ace Equity & LKP Research
8 Tech View CNX Nifty Technical View Nifty continued to show some signs of recovery and closed near high point of day at around 7700 levels implying that if it manages to sustain 7720 then a short term uptrend till can be seen, though global events are likely to influence direction in Nifty in coming days. The market breadth has seen some improvement which if continues to see improvement can lead to a sustained upside ahead. Nifty is expected to open on positive note and may test 7730 levels which if held can lead to 7780 levels during the day and any fall below 7700 levels can lead to a fall till 7650 levels. IMPORTANT LEVELS FOR THE DAY Support BSE NSE BANKNIFTY S1 25, S2 24, Resistance R1 25, R2 25, Pivot 25,246 7,677 16,337
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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Support CNX Nifty 7751 7701 50 0.65% S1 7717 Nifty Future 7758 7709 49 0.63% S2 7710 Prem / Disc 7 9 S3 7664 PCR (OI) 0.89 0.91
EAGLE i 17 Dec 15 16-Dec 15-Dec Chg % Chg Support CNX Nifty 7751 7701 50 0.65% S1 7717 Nifty Future 7758 7709 49 0.63% S2 7710 Prem / Disc 7 9 S3 7664 PCR (OI) 0.89 0.91 Pivot PCR (Vol) 0.81 0.83 7748
DOHA BANK DOHA BROKERAGE
Associate of DOHA BANK DOHA BROKERAGE www.dbfsindia.com MORNING REPORT Tuesday, 14th October 2014 BSE Sensex 26,384.07 86.69(0.33%) Nifty 7,884.25 24.30 (0.31%) Market Outlook: Trading of CNX Nifty futures
Support CNX Nifty 7741 7785-44 -0.56% S1 7715 Nifty Future 7750 7803-53 -0.68% S2 7705 Prem / Disc 9 18 S3 7644 PCR (OI) 0.94 0.97
EAGLE i 7 Jan 16 6-Jan 5-Jan Chg % Chg Support CNX Nifty 7741 7785-44 -0.56% S1 7715 Nifty Future 7750 7803-53 -0.68% S2 7705 Prem / Disc 9 18 S3 7644 PCR (OI) 0.94 0.97 Pivot PCR (Vol) 0.76 0.79 7754
Support CNX Nifty 8119 7951 168 2.12% S1 8023 Nifty Future 8133 7977 156 1.95% S2 8008 Prem / Disc 14 26.1 S3 7913 PCR (OI) 1.18 1.
EAGLE i 06 Oct 15 5-Oct 1-Oct Chg % Chg Support CNX Nifty 8119 7951 168 2.12% S1 8023 Nifty Future 8133 7977 156 1.95% S2 8008 Prem / Disc 14 26.1 S3 7913 PCR (OI) 1.18 1.07 Pivot PCR (Vol) 1.10 0.98 8084
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EAGLE i 23 Oct 15 21-Oct 20-Oct Chg % Chg Support CNX Nifty 8252 8262-10 -0.12% S1 8216 Nifty Future 8262 8254 8 0.10% S2 8207 Prem / Disc 11-7.8 S3 8148 PCR (OI) 1.30 1.27 Pivot PCR (Vol) 1.22 1.09 8524
Technical & Derivatives Report
Sensex (24492) / Nifty (7438) Yesterday, our markets opened on a subdued note as compared to Monday s close. Subsequently, we witnessed a range bound action within merely 60 points on Nifty throughout
Support CNX Nifty 7838 7807 31 0.40% S1 7864 Nifty Future 7853 7827 25 0.32% S2 7872 Prem / Disc 15 20.6 S3 7924 PCR (OI) 0.70 0.
EAGLE i 18 Nov 15 17-Nov 16-Nov Chg % Chg Support CNX Nifty 7838 7807 31 0.40% S1 7864 Nifty Future 7853 7827 25 0.32% S2 7872 Prem / Disc 15 20.6 S3 7924 PCR (OI) 0.70 0.68 Pivot PCR (Vol) 0.78 0.80 7830
INDEX PULLERS & DRAGGERS
Market Recap It was a range bound session for our domestic markets amid the firm global cues. However, the momentum remained subdued only for the benchmark indices and not for the individual stocks. The
Equity Bazaar. Indian Markets SENSEX 27,002 0.88% NIFTY 8,270 0.81% SGX Nifty* 8,090-2.60%
Today, We may witness gap down opening in Nifty around 8100 level on back of SGX Nifty and other Asian counters which is trading on positive note today. Bulls which woke up in last leg of trade mainly
INDEX PULLERS & DRAGGERS
Market Recap The benchmark indices marked their seventh losing session today after falling to a fresh 1-1/2-year low on the back of risk aversion ahead of some dismal earnings, including from Tata Consultancy
Morning Notes. Domestic Market View. LKP Advisory. 17-Dec-2015
Morning Notes 17-Dec-2015 Indices 16-Dec 15-Dec % Chg. Major Indices 16-Dec 15-Dec % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,494 25,320 0.69% CAC 40 Index 4,625 4,614 0.22% 16-Dec Buy Sell
Morning Notes. Domestic Market View. LKP Advisory. 3-Nov-2015
Morning Notes 3-Nov-2015 Indices 2-Nov 30-Oct % Chg. Major Indices 2-Nov 30-Oct % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 26,559 26,657-0.37% CAC 40 Index 4,916 4,898 0.38% 02-Nov Buy Sell Net
Morning Notes. Domestic Market View. LKP Advisory. 23-Oct-2015
Morning Notes 23-Oct-2015 Indices 21-Oct 20-Oct % Chg. Major Indices 21-Oct 20-Oct % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 27,288 27,307-0.07% CAC 40 Index 4,802 4,695 2.28% 21-Oct Buy Sell
INDEX PULLERS & DRAGGERS
Market Recap The benchmark indices closed flat after a choppy session today. The participants remained cautious ahead of the January derivative expiry and the minutes from the US fed. As a result, the
Key Market Data Points. Sentiment Indicators MARKET BREADTH
Market Recap After a mild correction in the past couple of sessions the domestic market underwent a consolidation phase during the first half of today s session. The benchmark indices traded in an extremely
Morning Notes. Domestic Market View. LKP Advisory. 1-Feb-2016. Markets to extend the rally mood with a positive start
Morning Notes 1-Feb-2016 Indices 29-Jan 28-Jan % Chg. Major Indices 29-Jan 28-Jan % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 24,871 24,470 1.64% CAC 40 Index 4,417 4,322 2.19% 29-Jan Buy Sell
Key Market Data Points. Sentiment Indicators MARKET BREADTH
Market Recap The melodramatic month of June ended in style for the domestic markets amid the recovery in the world equity markets. The disturbing news of BREXIT and REXIT were gulped by the participants
Morning Notes. Domestic Market View. LKP Advisory. 18-Dec-2015
Morning Notes 18-Dec-2015 Indices 17-Dec 16-Dec % Chg. Major Indices 17-Dec 16-Dec % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,804 25,494 1.21% CAC 40 Index 4,678 4,625 1.14% 17-Dec Buy Sell
Morning Notes. Domestic Market View. LKP Advisory. 22-Dec-2015
Morning Notes 22-Dec-2015 Indices 21-Dec 18-Dec % Chg. Major Indices 21-Dec 18-Dec % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,736 25,519 0.85% CAC 40 Index 4,565 4,625-1.30% 21-Dec Buy Sell
Derivatives Weekly DERIVATIES DESK. Outlook: Outlook: Sell in May and Go Away! DOLAT CAPITAL. Brief Outlook :
18-Mar-16 21-Mar-16 22-Mar-16 23-Mar-16 28-Mar-16 29-Mar-16 30-Mar-16 31-Mar-16 1-Apr-16 4-Apr-16 5-Apr-16 6-Apr-16 7-Apr-16 8-Apr-16 11-Apr-16 12-Apr-16 13-Apr-16 18-Apr-16 20-Apr-16 21-Apr-16 22-Apr-16
Morning Notes. Domestic Market View. LKP Advisory. 13-Jan-2016
Morning Notes 13-Jan-2016 Indices 12-Jan 11-Jan % Chg. Major Indices 12-Jan 11-Jan % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 24,682 24,825-0.58% CAC 40 Index 4,379 4,313 1.53% 12-Jan Buy Sell
Morning Notes. Domestic Market View. LKP Advisory. 8-Jan-2016
Morning Notes 8-Jan-2016 Indices 7-Jan 6-Jan % Chg. Major Indices 7-Jan 6-Jan % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 24,852 25,406-2.18% CAC 40 Index 4,404 4,480-1.72% 07-Jan Buy Sell Net
Nasdaq Composite Index 4,468 4,568-2.18% DII's contribution to the total turnover 15%
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 28-Jan-2016
INDEX PULLERS & DRAGGERS
Market Recap It was almost a black Thursday kind of feel on the Dalal Street in today s session. Although the benchmark indices maintained their losing streak for the fourth consecutive session but today
Morning Notes. Domestic Market View. LKP Advisory. 15-Dec-2015
Morning Notes 15-Dec-2015 Indices 14-Dec 11-Dec % Chg. Major Indices 14-Dec 11-Dec % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,150 25,044 0.42% CAC 40 Index 4,473 4,550-1.68% 14-Dec Buy Sell
Nasdaq Composite Index 4,903 5,007-2.08% DII's contribution to the total turnover 14%
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 5-Jan-2016
Nasdaq Composite Index 5,075 4,986 1.79% DII's contribution to the total turnover 14%
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 19-Nov-2015
MOSt Market Outlook 1st, July 2016
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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 16-Jun-2016
Morning Notes. Domestic Market View. LKP Advisory. 12-Jan-2016
Morning Notes 12-Jan-2016 Indices 11-Jan 8-Jan % Chg. Major Indices 11-Jan 8-Jan % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 24,825 24,934-0.44% CAC 40 Index 4,313 4,334-0.49% 11-Jan Buy Sell
Bulls say happy weekend
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Strong operational performance
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Morning Notes 26-Nov-2015 Indices 24-Nov 23-Nov % Chg. Major Indices 24-Nov 23-Nov % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,776 25,819-0.17% CAC 40 Index 4,893 4,820 1.51% 24-Nov Buy Sell
Nasdaq Composite Index 4,733 4,750-0.35% DII's contribution to the total turnover 23%
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 4-Sep-2015
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Market Recap Yet again the crude remained a dampener for world equity indices in today s trading session. The benchmark indices nosedive almost 1.5% on the back of weakness in the global indices. The index
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Major Index Symbol Spot Future Basis R1 S1 June. RANK BANKNIFTY 11,235.75-12.26 11,287.65 51.9 11,8 11,4 62.4 62.38.46.3 CNXIT 6,587.15 3.8 6,55.95-36.2 6,75 6,298 76.21 55.88 -.55 -.6 NFTYMCAP5 1,833.2-11.58
Nasdaq Composite Index 4,644 4,689-0.98% DII's contribution to the total turnover 17%
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 11-Jan-2016
Nasdaq Composite Index 4,620 4,517 2.28% DII's contribution to the total turnover 20%
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 1-Oct-2015
Gujarat State Petronet Ltd. INR 135
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Morning Notes. Domestic Market View. LKP Advisory. 21-Dec-2015
Morning Notes 21-Dec-2015 Indices 18-Dec 17-Dec % Chg. Major Indices 18-Dec 17-Dec % Chg. FII's & DII's in equity Rs.Crs S&P BSE SENSEX 25,519 25,804-1.10% CAC 40 Index 4,625 4,678-1.12% 18-Dec Buy Sell
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Market Recap Once again the domestic market maintained its losing streak on the back of continuous fund outflows and the global selling due to the concerns over falling crude oil prices. The benchmark
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February 9, 2016 Neutral Bajaj Auto Industry: Auto and Auto Components Industry View: Positive l Result Update Downgrade on export worries Q3 FY16 results came above our expectations despite exports worries
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MARKET MOVEMENT. Major Indices December 04, 2015 December 11, 2015 % Change. BSE Sensex 25,638.11 25,044.43 (2.31) NSE Nifty 7,781.90 7,610.45 (2.
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Emkay. Revenues traction improves; Retain BUY HSIL. Healthy revenue performance; miss on margins
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Market Recap There was a roller coaster ride in the domestic markets on the back of tug of war between the bulls and the bears. Ultimately the bulls succeeded in breaking the losing streak as the benchmark
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Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 SPS Finquest Ltd CMP: 84.60 January 13, 2015 Stock Details BSE code 538402 BSE ID SPS Face value ( ) 10 No of shares
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