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 Net S&P CNX NIFTY 7,510 7,564-0.71% DAX Index 9,985 9,825 1.63% FII / FPI Investments 3090 3631-541 NIFTY MIDCAP 100 13,088 13,184-0.73% Dow Jones Industrial A 16,516 16,399 0.72% DII's Investments 1861 1719 141 NIFTY SMALL 100 5,453 5,511-1.04% FTSE 100 Index 5,929 5,872 0.98% FII's contribution to the total turnover 36% Nasdaq Composite Ind 4,686 4,638 1.03% DII's contribution to the total turnover 19% BSE Sectoral Indices NIFTY PHARMA 11,342 11,301 0.36% Major Asian Indices 12-Jan 11-Jan % Chg. FII's in Derivatives Rs.Crs NIFTY FMCG 19,341 19,330 0.06% Hong Kong 19,712 19,889-0.89% 12-Jan Index Fut Index Opt Stock Fut Stock Opt NIFTY CONSUMPTIO 3,413 3,419-0.18% Nikkei 225 17,219 17,698-2.71% Net -248-15 -408 15 NIFTY INFRA 2,609 2,617-0.31% Korea 1,891 1,895-0.21% OI 15580 69627 50343 3119 NIFTY IT 10,790 10,824-0.31% Shanghai 3,023 3,017 0.20% Chg.OI 1.3% 3.1% 0.0% 5.9% NIFTY AUTO 7,721 7,752-0.39% Taiwan 7,768 7,788-0.26% FIIs' contribution to the total Derivatives turnover 29% NIFTY ENERGY 8,616 8,657-0.46% NIFTY MEDIA 2,496 2,512-0.65% Commodities (MCX) 12-Jan 11-Jan % Chg. Curr. Derivatives (NSE) 12-Jan 11-Jan % Chg. NIFTY METAL 1,725 1,746-1.20% Aluminium (29JAN2016 98 98-0.61% USDINR 27-JAN-2016 67.02 66.97 0.08% NIFTY FIN SERVICE 6,580 6,665-1.28% Copper(29FEB2016) 293 294-0.37% EURINR 27-JAN-2016 72.78 73.03-0.35% NIFTY BANK 15,735 16,016-1.76% Crude (19JAN2016) 2,030 2,089-2.82% JPYINR 27-JAN-2016 56.83 56.89-0.10% NIFTY REALTY 167 170-1.77% Gold (05FEB2016) 25,674 25,870-0.76% DJIA (15-01-2016) 16430 16413 0.11% NIFTY PSU BANK 2,521 2,591-2.73% Silver (4MAR2016) 33,389 33,664-0.82% S&P500 (15-01-2016) 1929 1930-0.04% Top Gainers Top Gainers Top Gainers Top Gainers BSE Smallcap BSE Midcap BSE 100 CNX Nifty Company LTP Chg % Chg Company LTP Chg % Chg NTPC 146 4 2.9 IDEA 124-5 -4.1 Top Losers WIPRO 547 10 1.9 PNB 99.5-3 -3.3 M&M 1182 20 1.7 BANKBARODA 134.7-4 -3.2 ADANIPORTS 237 3 1.4 INDUSINDBK 908-29 -3.1 HINDUNILVR 818 6 0.8 HINDALCO 75.55-2 -3.0 Company LTP Chg % Chg Company LTP Chg % Chg GODREJCP 1269 34 2.8 FEDERALBNK 48-4 -7.7 Top Losers UNITDSPR 2834 72 2.6 RCOM 80-4 -4.2 NTPC 145 4 2.5 JINDALSTEL 80-3 -4.1 WIPRO 549 11 2.1 CANBK 208-9 -4.0 NMDC 90 2 1.7 IDBI 74-3 -3.8 Company LTP Chg % Chg Company LTP Chg % Chg SHRIRAMCIT 1555 61 4.1 INDIANB 100-5 -5.1 Top Losers WOCKPHARMA 1619 59 3.8 ORIENTBANK 118-6 -4.5 ABB 1024 17 1.7 RCOM 80-4 -4.2 CADILAHC 320 5 1.6 JINDALSTEL 80-3 -4.1 SJVN 32 1 1.6 JPASSOCIAT 11-0.5-4.1 Company LTP Chg % Chg Company LTP Chg % Chg VIVIDHA 68 11 20.0 ASHAPURMIN 80-12 -13.2 Top Losers ESSDEE 166 15 10.0 8KMILES 2142-220 -9.3 INFINITE 259 16 6.5 FEDERALBNK 48-4 -7.7 RPPINFRA 121 6 5.4 CASTEXTECH 14-1 -6.8 SHRENUJ 20 1 5.0 INDTERRAIN 127-9 -6.6 CNX Nifty BSE 100 BSE Midcap BSE Smallcap Domestic Market View Markets to make a positive start, initial trade to remain cautious on weak macro data The Indian markets continued their bearish trend and ended the last session with cut of over half a percent, amid global turmoil. Today, the start is likely to be in green on positive global cues. However there will be some cautiousness from the domestic front, as in a double whammy, the industrial production plunged to an over four-year low, contracting 3.2 percent in November, while retail inflation increased marginally to 5.61 percent in December, mainly on costlier vegetables and cereals. Meanwhile, Finance Ministry has attributed the decline in November industrial production to a four-year low to statistical reasons, particularly due to lesser number of working days due to Diwali and the impact of Chennai floods. Markets are likely to get some support with Paris-based think tank OECD stating that India is witnessing firming economic growth while most of the developed economies are seeing mixed trends. The assessment based on Composite Leading Indicators (CLIs) stated that India's CLI inched up to 100.4 in November from 100.2 in October. The IT pack is likely to come under pressure, as India's largest IT services company, Tata Consultancy Services (TCS), has put in a lacklustre performance in December quarter. The dollar revenue of the company dropped 0.3% to $4.15 billion, while net profit was flat sequentially at $926 million, impacted by deluge in Chennai.
Domestic Market Overview Indian equities declines for second straight session; Nifty ends below 7550 level The carnage in Indian stock markets prolonged for yet another session as the benchmarks continued to sway to the tune of depressing global developments and deposed another over half percent on Tuesday. Worries about the Beijing's ability to manage financial markets coupled with deepening fears about a protracted slowdown in the world's No. 2 economy continue to keep investors on edge after sharp losses over the past week. On the domestic front, sentiments got undermined on report that foreign investors sold shares worth Rs. 1,319.24 crore on January 11, 2016. Market participants also remained cautious ahead of Index of Industrial Production (IIP) for November and CPI Inflation data to be released later in the day. Besides, depreciation in Indian rupee too weighed down sentiments. The rupee surrendered its initial gains and was trading lower by 12 paise at 66.93 per dollar on fresh bouts of demand for the American currency from importers and banks amid volatile domestic equities. The benchmarks got off to a positive start in the morning trade as investors were largely influenced by the supportive leads from Asian markets. However, the bourses failed to capitalize on the early momentum and slipped to lower levels in late morning session on expectation that consumer inflation probably edged up for the fifth straight month in December, driven by higher food prices, complicating the central bank s task of steering monetary policy at a time of international deflation. The selling pressure accentuated in the mid afternoon trades as investors took to across the board risk aversion. Though the bourses recovered from the lows of the day but could not succeed in minimizing the huge losses by the end of trading session. Eventually the NSE s 50-share broadly followed index Nifty, plunged by over half a percent to settle above the crucial 7,500 support level while, Bombay Stock Exchange s Sensitive Index Sense deposed over hundred points and closed below the psychological 24,700 mark. Moreover, the broader markets too succumbed to the selling pressure evident in their larger peers and plunged by around a percent. Global Market Overview Asian markets end mostly in red on Tuesday Asian equity markets ended mostly in red on Tuesday in cautious trading, as oil took another tumble and Chinese stocks seesawed before the release of trade data on Wednesday, which is expected to show further declines in both exports and imports. Worries about the Beijing's ability to manage financial markets coupled with deepening fears about a protracted slowdown in the world's second largest economy, fueling volatility in Asian markets. After oscillating between gains and losses, Chinese shares closed higher as the central bank stepped up efforts to stabilize yuan and China's State Council reportedly established a new working group to coordinate between financial and economic regulators. Japanese shares fell sharply to wipe out all of their 2015 gains on speculation the government may raise sales tax next year unless a serious situation prevails. US markets close higher; Nasdaq snaps 8-day losing streak The US markets closed higher on Tuesday with Nasdaq snapping its 8-day losing streak. The main indexes started the day higher but dipped into negative territory by the afternoon, when oil prices plunged to multiyear lows. On the economy front, job openings rose in November, and more people were hired. Labor s Job Openings and Labor Turnover Survey showed 5.43 million job openings, up from 5.34 million in October. That s still shy of the all-time high notched earlier in the year, but moving in the right direction. Even better, hires rose to 5.2 million from 5.17 million, and more people - 2.83 million - quit. That s a sign of worker confidence in their job prospects. A measure of smallbusiness optimism showed an unusual split in December, as owners became more confident about sales at the same time they become more pessimistic about business conditions. The National Federation of Independent Business reported that its small-business optimism index edged up 0.4 points to a reading of 95.2. The readings have ranged between 94.1 and 98 in 2015.
Index Futures (OI in '000 Shares) Future Chg Spot Chg Prem / Total Open Interest 12-Jan (%) 12-Jan (%) Disc 12-Jan Chg (%) NIFTY 7,534-0.66 7,510-0.71 23.8 23,149-0.1 CNXIT 10,795-0.30 10,790-0.31 4.9 19 4.5 BANKNIFTY 15,784-1.91 15,735-1.76 49.2 3,030 15.4 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 / 12-Jan % Chg. 12-Jan % Del. % Del. Del Qty (Rs.) (Rs.) Chg (%.) Chg (%.) Disc BPCL 5,611 3% 871,687 62% 40% 487,206 890 893 0.2% 0.1% 3.1 BOSCHLTD 141 2% 195,596 20% 18% 18,345 18132 18191 0.4% 0.1% 58.9 DIVISLAB 2,355 1% 165,787 59% 57% 68,567 1100 1104 0.3% 0.3% 3.5 WOCKPHARMA 4,161 1% 293,808 21% 14% 199,839 1619 1628 3.8% 4.0% 9.0 BATAINDIA 3,175 0.1% 79,061 35% 20% 28,368 487 477 0.5% -0.2% -10.1 BEL 2,029 0.02% 280,732 52% 30% 186,372 1340 1339 0.2% 0.4% -1.4 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 / 12-Jan % Chg. 12-Jan % Del. % Del. Del Qty (Rs.) (Rs.) Chg (%.) Chg (%.) Disc DABUR 3,632 19% 902,830 58% 68% 39,525 255 256-3.3% -3.2% 1.2 UNITECH 305,998 16% 13,760,951 27% 22% 8,482,262 6 6-6.7% -6.0% 0.0 FEDERALBNK 23,896 15% 11,305,926 39% 56% 9,670,267 48 48-8.0% -8.0% 0.1 ULTRACEMCO 1,289 12% 402,565 44% 32% 130,870 2670 2664-2.1% -2.1% -5.9 BANKINDIA 28,893 11% 696,625 21% 24% 37,292 104 101-2.5% -4.7% -3.5 IOB 16,450 9% 564,115 27% 15% 178,937 29 28-1.9% -2.3% -0.9 CANBK 17,090 9% 578,522 28% 25% 127,917 208 206-3.5% -4.4% -1.7 VOLTAS 5,528 8% 1,463,989 47% 29% 881,974 287 286-3.5% -4.0% -1.0 YESBANK 15,709 6% 1,169,033 34% 27% 274,844 673 676-3.3% -3.1% 3.0 ASIANPAINT 4,709 6% 607,375 60% 48% 211,723 873 877-0.1% -0.1% 4.1 Open Interest Break-up (Rs. in Cr.) 12-Jan 11-Jan Change in OI % Chg INDEX FUTURES 22,381 21,938 442 2.02 INDEX OPTIONS 132,336 128,121 4,215 3.29 TOTAL INDEX 154,717 150,060 4,657 3.10 STOCK FUTURES 64,839 64,783 56 0.09 STOCK OPTIONS 18,479 17,029 1,450 8.51 TOTAL STOCKS 83,318 81,813 1,506 1.84 GRAND TOTAL 238,035 231,872 6,163 2.66 FII's 138,670 136,214 2455 1.80 Others 99,366 95,658 3708 3.88
Corporate News Tata Motors subsidiary Jaguar Land Rover (JLR) is planning to launch an all-new version of its luxury sedan Jaguar XE in India on February 3, 2016 with two petrol engine options. Jaguar retailers have now formally started accepting bookings of this new addition to the Jaguar product portfolio in India. Bank of Maharashtra is proposing to raise Basel III Compliant Tier-ll Bonds amounting to Rs 1,000 crore by way of Private/Public Placement.Bank of Maharashtra offers several products and services in personal banking such as deposits, savings, personal loans, educational loans, demat services, credit cards, etc. The bank also offers services to agricultural and SME sectors. Reliance Industries subsidiary Reliance Jio Infocomm (RJIL) has reportedly received approval from the government's green panel to build the Indian part of the Asia-Africa-Europe One (AAE-1) submarine cable under the Coastal Regulation Zone (CRZ). AAE-1, the largest next generation subsea cable system spanning around 25,000 km and linking South Asia to Africa and Europe via the Middle East, is being constructed by a consortium of 17 global service providers. The Indian part of the project will be implemented by Reliance Jio. The cable will terminate in Mumbai at a Beach Man Hole (BMH) proposed to be located at a beach road connecting JP road to Versova Beach, in front of Harshvardhan Society. Omkar Speciality Chemicals has received Environment Clearance for its Manufacturing Unit - V located at Plot No D- 27/5, M.I.D.C., Lote Parshuram Industrial Area, Chiplun, Taluka Khed, District - Ratnagiri, Maharashtra. The production at this unit shall commence in phased manner. In Phase I the Company plans to produce Vitamin C & Folic Acid. Adani Power is set to expand the capacity of Udupi Power Corporation (UPCL) to 2,800 MW from the present 1,200 MW at an estimated investment of Rs 11,500 crore. The company has acquired UPCL from Lanco Infratech early last year at an enterprise valuation of Rs 6,300 crore. The company is also planning to set up two more units of 800 MW each near Udupi to raise capacity. Rashtriya Ispat Nigam (RINL) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government for expanding its capacity with an investment outlay of Rs 38,500 crore. The MoU envisages an investment of around Rs 38,500 crore to take up various projects at Visakhapatnam with an employment opportunity to around 3000 people. Omax Autos has sold its remaining 51% stake in its subsidiary company Gmax Auto. The shares transfers in this regard have been registered on January 11, 2016 by the board of directors of Gmax Auto. Consequently, the company has no stake in Gmax Auto and it is no more a subsidiary of the company. Larsen & Toubro s (L&T) construction arm -- L&T Constructions has won orders worth Rs 1247 crore across various businesses. Under Buildings & Factories Business, the company has secured a prestigious turnkey order worth Rs 989 crore from a global Information Technology major for the construction of its world class IT Park in Bengaluru. The scope of work includes civil, structural, mechanical, electrical, plumbing, high-end finishes, data centre and other associated works. The project is scheduled to be completed in 30 months. Tata Motors Group global wholesales in December 2015, including Jaguar Land Rover, were at 91,762 units, higher by 7%, over December 2014. Cumulative wholesales for this fiscal were at 754,307 units, higher by 6% over the last fiscal. Global wholesales of all Tata Motors commercial vehicles and Tata Daewoo range in December 2015 were 32,475 units, higher by 6%, compared to December 2014. Cumulative commercial vehicles wholesales for this fiscal declined by 1% over the last fiscal at 273,485 units. Jasch Industries has received in principal approval to demerger of automation division of the company in a wholly owned subsidiary (WOS) of the company. The board of directors at their meeting held on January 11, 2016 has approved for the same. Indian Bank is planning to raise about Rs 1,100 crore to raise Basel III complaint Tier II Bonds. In this regard, the bank is proposing to seek approval of its board in ensuing board meeting. GMO-controlled funds -- GMO Emerging Markets and GMO Emerging Domestic Funds -- have bought 3.01 lakh and 11.78 lakh shares respectively in cable manufacturer CMI. These shares were bought at an average price of Rs 304 a share.
Tata Teleservices (Maharashtra) (TTML) has reported the subscriber figures as on December 31, 2015. The company s total subscribers stood at 10,512,363 of which Wireline contributed 809,266, FWT 699,617 and Mobile 9,003,480 subscribers. NIIT Technologies, a leading global IT solutions organization, has been selected as a strategic partner by Ofcom, the UK s communications regulator. NIIT Technologies will help Ofcom manage its infrastructure and application systems and offer a customer focused service to improve the users experience of ICT services. The value of the contract is 23 million pound over a six year period which includes an initial term of 4 years and extensions. Emami has entered into the packaged honey category under its Zandu brand. The homegrown consumer goods firm has positioned Zandu honey on quality and claims its product has zero sugar. The Emami s Zandu honey has been priced at a 35% premium over Dabur. Supreme Petrochem has commissioned the main plant and it is expected to attain full capacity with commissioning of all connected systems by January 16, 2016. The operations of Chennai plant were disrupted due to floods. IDFC Bank has reportedly acquired a 9.99% stake in ASA International India Microfinance for about Rs 8.5 crore. This is the first investment by the lender in a microfinance institution. ASA International India is a division of Dhaka-headquartered ASA, which operates in over 12 countries and plans to disburse $2.5 billion in loans among 6.6 million clients in 2015-16. PI Industries has commenced the commercial production at its 3rd unit located at Sterling SEZ facility, Jambusar in state of Gujarat with effect from January 11, 2016. Fiem Industries has started commercial production and supply from its newly set-up unit at Mandal taluka, Ahmedabad district in state of Gujarat. This unit has been set-up to manufacture and supply Automotive Parts i.e. Automotive Lighting & Signaling Equipments, Rear View Mirrors and Plastic Molded Parts to new factory of the company s esteemed customer Honda Motorcycle & Scooter India (HMSI) in Gujarat. Gayatri Projects is planning to consider the corporate restructuring of its road assets, which may mean hiving of its roads business as a separate entity. In this regard, the company s management is in the process of finalizing a few options for corporate restructuring of its road assets, which among other things may involve hiving off the entire road asset business as a separate entity..economy Govt to amend law to push mining M&As In a bid to help companies pare debt and enable banks to recover some of the funds that are locked up, the government has proposed amendments to the country's mining law, within a few months of the amended mining law being operational. It will allow transfer of captive mines allotted in the past to new owners in case of a merger or acquisition deal. This move will benefit metal companies, which have been hit by an onslaught of cheap imports from China where there is surplus capacity due to an economic slowdown. It will also help in checking the stressed and non-performing assets of banks by allowing them to liquidate assets where a firm or its captive mining lease is mortgaged. While releasing the draft amendments, the Mines Ministry has said that the transfer provisions will also allow mergers and acquisitions of companies and facilitate ease of doing business for companies to improve profitability and decrease costs of the companies dependent on supply of mineral ore from captive leases. The ministry said that the government would allow the transfer at the time of M&A but specified certain conditions. The transfer of captive leases would be subject to the consideration of enforcing performance security, Mine Development and Production Agreement (MDPA), and realization of an appropriate amount only if found feasible at the time of framing terms and conditions.
India Inc raises $3.16 billion from overseas markets in November 2015 India Inc has raised over $3.16 billion from overseas markets in November 2015 down 9.5 per cent from a year ago, according to RBI data. Of the total borrowings, by way of external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), $2.11 billion was raised through the approval process while $1.05 billion came through the automatic route. Out of the total 57 borrowers, four raised the money through approval route, while the rest by way of automatic route. Through approval route, ONGC Videsh raised $1.78 billion for refinancing of an earlier ECB, Rural Electrification Corporation raised $300 million for on lending, Perkins India Private mobilized $34 million for working capital. Among major borrowers in the automatic route, Railway Finance Corporation raised $400 million for refinancing of an earlier ECB, Power Finance Corporation raised $360 million for on-lending. Adani Hazira Port mopped up $80 million for port-related activity and Inbisco India $18.8 million for refinancing ECB and Vacmet India raised $16.36 million for import of capital goods. India s market outlook to be decided by inflation, Consumption demands, earnings: Moody s Rating agency Moody s had said that India s market outlook for this year will depend on consumption demands, corporate earnings and inflation trends. While maintaining that it expects the country to be the world s fastest growing major economy this year, it expects that the market trends will depend on whether inflation remains under control and corporate profits revive. Moody s further stated that India enters 2016 on the cusp of a cyclical growth recovery, with inflation under control and the economy benefiting from lower commodity prices. Notifying that these reasons place the country at an advantage relative to many similarly rated emerging market peers, Moody s said that it believes that these advantages will only yield sustainable growth acceleration once corporate and bank balance sheets are repaired, and if the private sector remains internationally competitive. Additionally, Moody s said that inflation and corporate profit trends will offer clues as to whether these efforts have created conditions for growth that are sustainable over the next three to four years. While quoting a projection of a boost in consumption following the pay revision for Central government employees and pensioners and a potential upturn in farm, which is expected to boost rural demand, it said that a broad based pick up in investment will only unfold with a lag. Budget 2016-17 to focus on rural economy, infrastructure, banks In order to fire up growth and tackle the growing unease in the farm economy, the government is making a strategy to focus on infrastructure, agriculture and restoring the health of the banking system areas as well as specific measures to ease stress in the rural economy as part of the 2016-17 Budget. There is a need to take effective measures to revive vital sectors and overall growth and the focus of the government is mainly on irrigation and agriculture as this is a very crucial Budget for the government. Further, the infrastructure sector will see greater attention as the government is keen to step up investment despite a challenging fiscal situation. The government has already allocated Rs 5,300 crore to support micro-irrigation, watershed development and the Pradhan Mantri Krishi Sinchai Yojana and has urged states to chip in substantially in this vital sector. In the absence of private investment, indications are that the sector will receive special attention, including unveiling of some innovative financing schemes. For banking sector, the government has taken several measures, including pumping in Rs 70,000 crore to recapitalise state-run banks. There is a view within the government that more needs to be done to secure the health of the crucial sector. The rural economy, a key driver of demand and a support for the broader economy, has taken a knock from the two back-to-back seasons of patchy monsoon rains. The segment drives demand for everything from motorcycles to tractors, televisions and refrigerators. For agricultural sector, Finance minister Arun Jaitley already signaled the government's support by backing calls for raising investment in the crucial farm sector and leveraging technology to fire up growth. Source: Reuters, Ace Equity & LKP Research
Tech View CNX Nifty Technical View Nifty continued to show resilience in breaching 7500 level decisively and managed to hold the crucial level albeit closed below 7540 levels. As long as Nifty trades above 7500 the possibility of temporary bounce till 7650 levels will remain high. The index is expected to open on strong note and is likely to test 7560-7570 levels which if held can lead to further rise till 7620 levels in coming days. If Nifty breaches 7540 today then it can witness a small dip till 7500 levels IMPORTANT LEVELS FOR THE DAY Support BSE NSE BANKNIFTY S1 24,544 7467 15603 S2 24,326 7390 15312 Resistance R1 24,897 7591 16074 R2 25,115 7668 16365 Pivot 24,720 7,529 15,838
Tech View PIVOT POINTS Scrip Name CMP RB2 RB1 PP SB1 SB2 Scrip Name CMP RB2 RB1 PP SB1 SB2 ACC 1280 1321 1302 1285 1269 1250 GAIL 366 381 374 368 363 356 ADANIENT 81 87 84 81 79 75 GLENMARK 849 869 859 851 842 832 ADANIPORTS 237 246 241 237 233 228 GMRINFRA 15 16 15 15 15 14 ADANIPOWER 33 35 34 33 32 31 GODREJIND 376 389 383 377 372 365 ALBK 61 67 64 62 60 58 GRASIM 3550 3773 3659 3568 3476 3363 AMBUJACEM 195 203 199 196 193 189 HAVELLS 290 307 299 292 285 277 ANDHRABANK 59 62 61 60 59 57 HCLTECH 810 838 822 809 796 780 APOLLOHOSP 1361 1393 1376 1362 1348 1331 HDFC 1152 1188 1170 1156 1141 1123 APOLLOTYRE 149 156 152 149 145 141 HDFCBANK 1047 1080 1064 1051 1039 1023 ARVIND 338 358 348 340 331 321 HDIL 79 86 82 79 76 73 ASHOKLEY 92 96 94 92 91 89 HEROMOTOCO 2467 2547 2510 2480 2449 2412 ASIANPAINT 873 897 886 876 867 855 HEXAWARE 231 247 239 233 226 219 AUROPHARMA 841 861 850 841 833 822 HINDALCO 76 81 79 76 74 71 AXISBANK 406 436 421 409 397 382 HINDPETRO 868 899 885 873 861 847 BAJAJ-AUTO 2344 2409 2378 2353 2328 2297 HINDUNILVR 820 840 826 815 805 791 BANKBARODA 135 145 140 136 132 127 HINDZINC 142 145 143 142 140 138 BANKINDIA 104 113 109 105 102 98 IBREALEST 58 63 60 58 56 54 BATAINDIA 487 502 493 486 478 469 ICICIBANK 237 247 242 238 234 229 BHARATFORG 816 855 835 820 804 785 IDBI 74 81 77 75 72 69 BHARTIARTL 315 335 325 318 311 302 IDEA 126 137 131 127 123 117 BHEL 151 157 154 151 148 145 IDFC 45 48 46 45 44 43 BIOCON 519 537 528 521 514 505 IFCI 27 28 28 27 26 25 BPCL 890 914 901 891 880 867 IGL 578 621 601 584 568 548 CAIRN 127 132 129 127 125 123 INDIACEM 98 105 101 99 96 92 CANBK 208 226 218 211 204 196 INDUSINDBK 913 971 943 920 897 869 CENTURYTEX 564 595 580 568 556 541 INFY 1050 1092 1068 1048 1028 1004 CESC 493 507 499 493 487 479 IOB 29 31 30 29 29 28 CIPLA 611 627 618 611 604 596 IOC 440 457 449 442 436 428 COALINDIA 316 323 319 315 312 308 IRB 231 244 238 233 227 221 COLPAL 909 922 915 910 904 897 ITC 315 321 318 315 312 309 CROMPGREAV 187 204 196 189 183 175 JINDALSTEL 80 90 85 82 78 73 DABUR 255 272 264 257 251 242 JISLJALEQS 71 77 74 72 69 67 DISHTV 95 100 97 96 94 91 JPASSOCIAT 11 12 11 11 10 10 DIVISLAB 1100 1127 1112 1099 1087 1071 JPPOWER 7 7 7 7 7 6 DLF 110 118 114 110 106 102 JSWENERGY 84 87 85 83 81 79 DRREDDY 2923 2992 2951 2919 2886 2846 JSWSTEEL 1013 1053 1032 1015 998 977 EXIDEIND 140 143 142 140 139 137 JUBLFOOD 1334 1417 1378 1347 1316 1278 FEDERALBNK 48 56 53 49 46 42 JUSTDIAL 827 856 842 830 819 805
Tech View Scrip Name CMP RB2 RB1 PP SB1 SB2 Scrip Name CMP RB2 RB1 PP SB1 SB2 KOTAKBANK 692 715 702 692 682 670 TATACHEM 389 408 399 391 384 374 KTKBANK 108 118 113 110 106 102 TATACOMM 433 450 439 431 423 412 L&TFH 63 66 64 63 62 61 TATAGLOBAL 140 148 144 140 137 133 LICHSGFIN 492 507 500 494 488 481 TATAMOTORS 355 374 364 357 349 340 LT 1179 1221 1201 1184 1168 1147 TATAMTRDVR 270 282 276 271 265 259 LUPIN 1700 1740 1720 1704 1687 1667 TATAPOWER 67 70 68 67 66 65 M&M 1182 1218 1194 1175 1156 1132 TATASTEEL 246 265 256 248 241 231 M&MFIN 231 244 238 233 228 221 TCS 2327 2419 2370 2331 2292 2244 MARUTI 4267 4373 4324 4284 4244 4194 TECHM 507 521 512 505 498 489 MCDOWELL-N 2832 2926 2864 2814 2763 2701 TITAN 347 353 350 347 344 341 MCLEODRUSS 167 173 170 167 165 162 UBL 881 911 897 886 874 860 MRF 38876 39674 39266 38937 38607 38199 UCOBANK 41 44 43 41 40 39 NHPC 21 22 21 21 20 20 ULTRACEMCO 2670 2789 2732 2687 2641 2585 NMDC 90 92 90 89 88 86 UNIONBANK 127 137 132 129 125 121 NTPC 145 149 147 145 143 140 UNITECH 6 7 7 6 6 6 OFSS 3726 3801 3754 3716 3679 3632 UPL 425 444 434 426 418 408 ONGC 221 228 225 222 219 216 VOLTAS 287 316 303 292 281 268 ORIENTBANK 118 130 124 120 115 110 WIPRO 549 571 556 544 531 516 PETRONET 257 272 265 259 254 247 YESBANK 673 723 699 680 661 637 PFC 187 196 192 188 185 180 ZEEL 407 417 412 408 403 398 PNB 100 107 103 101 98 95 POWERGRID 143 150 147 144 141 137 PTC 68 72 70 68 67 65 RCOM 80 91 85 81 77 72 RECLTD 211 222 216 212 208 202 RELCAPITAL 423 451 437 426 414 401 RELIANCE 1045 1084 1066 1051 1036 1017 RELINFRA 573 613 592 575 558 537 RPOWER 59 65 62 59 56 53 SAIL 46 49 47 46 45 44 SBIN 199 210 205 201 197 192 SIEMENS 1126 1163 1145 1131 1116 1099 SRTRANSFIN 808 839 825 813 801 787 SUNPHARMA 788 803 795 789 783 775 SUNTV 413 423 417 412 408 402 SYNDIBANK 78 86 82 79 76 73
DISCLAIMERS AND DISCLOSURES LKP Sec. ltd. (CIN-U67120MH1994PLC080039, www. Lkpsec.com) and its affiliates are a full-fledged, brokerage and financing group. LKP was established in 1992 and is one of India's leading brokerage and distribution house. LKP is a corporate trading member of Bombay Stock Exchange Limited (BSE), National Stock Exchange of India Limited(NSE), MCX Stock Exchange Limited (MCX-SX).LKP along with its subsidiaries offers the most comprehensive avenues for investments and is engaged in the businesses including stock broking (Institutional and retail), merchant banking, commodity broking, depository participant, insurance broking and services rendered in connection with distribution of primary market issues and financial products like mutual funds etc. LKP hereby declares that it has not defaulted with any stock exchange nor its activities were suspended by any stock exchange with whom it is registered in last five years. However, SEBI and Stock Exchanges have conducted the routine inspection and based on their observations have issued advice letters or levied minor penalty on LKP for certain operational deviations in ordinary/routine course of business. LKP has not been debarred from doing business by any Stock Exchange / SEBI or any other authorities; nor has its certificate of registration been cancelled by SEBI at any point of time. LKP offers research services to clients. The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report. Other disclosures by LKP and its Research Analyst under SEBI (Research Analyst) Regulations, 2014 with reference to the subject company(s) covered in this report-: Research Analyst or his/her relative s financial interest in the subject company. (NO) LKP or its associates may have financial interest in the subject company. LKP or its associates and Research Analyst or his/her relative s does not have any material conflict of interest in the subject company. The research Analyst or research entity (LKP) has not been engaged in market making activity for the subject company. LKP or its associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of Research Report. Research Analyst or his/her relatives have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of Research Report: (NO) LKP or its associates may have received any compensation including for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. LKP or its associates may have received compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. LKP or its associates may have received any compensation or other benefits from the Subject Company or third party in connection with the research report. Subject Company may have been client of LKP or its associates during twelve months preceding the date of distribution of the research report and LKP may have co-managed public offering of securities for the subject company in the past twelve months. Research Analyst has served as officer, director or employee of the subject company: (NO) LKP and/or its affiliates may seek investment banking or other business from the company or companies that are the subject of this material. Our salespeople, traders, and other professionals may provide oral or written market commentary or trading strategies to our clients that reflect opinions that are contrary to the opinions expressed herein, and our proprietary trading and investing businesses may make investment decisions that may be inconsistent with the recommendations expressed herein. In reviewing these materials, you should be aware that any or all of the foregoing, among other things, may give rise to real or potential conflicts of interest including but not limited to those stated herein. Additionally, other important information regarding our relationships with the company or companies that are the subject of this material is provided herein. This report is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject LKP or its group companies to any registration or licensing requirement within such jurisdiction. Specifically, this document does not constitute an offer to or solicitation to any U.S. person for the purchase or sale of any financial instrument or as an official confirmation of any transaction to any U.S. person. Unless otherwise stated, this message should not be construed as official confirmation of any transaction. No part of this document may be distributed in Canada or used by private customers in United Kingdom. All trademarks, service marks and logos used in this report are trademarks or registered trademarks of LKP or its Group Companies. The information contained herein is not intended for publication or distribution or circulation in any manner whatsoever and any unauthorized reading, dissemination, distribution or copying of this communication is prohibited unless otherwise expressly authorized. Please ensure that you have read Risk Disclosure Document for Capital Market and Derivatives Segments as prescribed by Securities and Exchange Board of India before investing in Indian Securities Market. In so far as this report includes current or historic information, it is believed to be reliable, although its accuracy and completeness cannot be guaranteed. All material presented in this report, unless specifically indicated otherwise, is under copyright to LKP. None of the material, nor its content, nor any copy of it, may be altered in any way, transmitted to, copied or distributed to any other party, without the prior express written permission of LKP LKP Securites Ltd, 13th Floor, Raheja Center, Free Press Road, Nariman Point, Mumbai-400 021. Tel -91-22 - 66351234 Fax- 91-22-66351249. www.lkpsec.com