December 31, Soumyadip Raha

Transcription

1 December 31, 2014 Soumyadip Raha

2 MARKET UPDATE INTRA DAY CHART OF SENSEX Indian markets ended the session on a flat led by the consumer durables, power and capital goods sector. Nifty closed at up by 1.95points or 0.02percent over the previous day closing of after witnessing a low of and a high of Sensex closed at up by 7.81points or 0.03percent over the previous day closing of It touched an intraday low of and high of The markets breadth was positive. Out of 2997 stocks traded 1438 stocks advanced, 1423 stocks declined and 136 stocks remained unchanged. In Sensex, Out of 3 0 stocks 19 stocks advanced and 11 stocks declined. MARKET TURNOVER (RS.CR) NAME LAST PREVIOUS DAY NSE CASH NSE F&O NIFTY TOP TURNOVERS COMPANY LAST PRICE SHARE TRADED TOTAL TURNOVER (Rs. Cr) Among the sectors, BSE Consumer Durables, BSE Power and B S E Capital Goods were the main gainers of the day which increased by 1.38percent 1.14percen t and 1.03percent respectively. In BSE Consumer Durables sector, Whirlpool, Symphony and Rajesh Exports increased by 3.65percent, 3.61percent and 2.73percent respectively. In BSE Power sector ABB, Adani Power and JSW Energy advanced by 6.81percent,3.02percent and 2.76percent. In BSE Capital Goods sector BEML, SKF India and BEL increased by 7.15percent,3.22percent and 2.88percent respectively. ABAN YESBANK ADANIPORTS SBIN RIL NIFTY TOP GAINERS COMPANY LAST PRICE CHANGE % CHANGE BHEL DRREDDY BANKBARODA NTPC INDUSINDBK NIFTY TOP LOSERS COMPANY LAST PRICE CHANGE % CHANGE HEROMOTOCO (1.90) TATASTEEL (1.88) CAIRN (1.78) JINDALSTEL (1.75) RIL (1.65) OUTLOOK The Indian markets seems to be rangebound with limited movements on both ends owing to the absence of any major triggers. Year end festive season is likely to see less activity in the market hence equity market may remain range bound. Expecting focus of the government to turn on the economy, core sectors are likely to be in the limelight, though large investors may wait for FII action over the next few days. According to Bloomberg sources excise concessions given to automobile cos may be withdrawn from We may see correction in auto stocks in the early session tomorrow. However the correction would give opportunity for medium to long term investors to accumulate stocks in commercial vehicles whose demand is likely to go up on sharp fall in diesel prices and also increased logistics activities, rail freight increase etc. Tata Motors around 460 and Ashok Leyland around 46 are good BUYs. BUY IDFC, Tata Motors, Tata Chemicals, Blue Star, Whirlpool, IL&FS Transportation, Crompton Greaves on declines. Events for the week are: HSBC PMI Manufacturing data for the month of December,2014 is scheduled on January 02,2015, India Fiscal deficit data in value terms and monthly auto numbers. 2

3 MARKET STATS DOMESTIC INDICES SENSEX NIFTY BSE MID-CAP BSE SMALL-CAP NSE CNX MIDCAP INDEX INDUSTRIAL METALS & ENERGY MARKETS NAME LAST PRICE CHANGE COPPER (USD/T) ALUMINUM (USD/T) ZINC (USD/T) LEAD (USD/T) OIL (USD/BBL) % CHANGE (0.23) (0.45) SECTORAL INDICES AUTO (0.27) CAPITAL GOODS FMCG (0.04) METAL (1.09) OIL & GAS (1.22) HEALTHCARE POWER REALTY (0.24) CONSUMER DURABLES BANKEX IT GLOBAL INDICES DOW JONES (0.09) NASDAQ S&P FTSE (0.90) CAC (0.78) DAX (0.79) MEXICO BOLSA BRAZIL BOVESPA RUSSIAN RTS (2.74) NIKKEI (1.57) HANG SENG (1.14) TAIWAN TAIEX (0.19) SHANGHAI (0.07) KOSPI (0.64) FTSE BURSA MALAYSIA KLCI (0.09) JAKARTA COMPOSITE PSEi - PHILIPPINE SE STOCK EXCH OF THAI (0.04) Data Source: Bloomberg, BSE, NSE, moneycontrol as on December 30,2014 at 5.00 p.m. Provisional FII data as at 5:50p.m. (in crores) B=buy S=Sell N=net NATURAL GAS (USD/MMBTU) (1.66) PRECIOUS METALS GOLD (USD/OZ) SILVER (USD/OZ) INDUSTRY INDICES BALTIC DRY INDEX (0.76) BBG WORLD IRON/STEEL IDX (0.64) CURRENCIES USD-INR (0.47) EUR-INR (0.73) GBP-INR (0.54) INR-JPY (0.48) INSTITUTIONAL FLOW IN CR (12/26/2014) INSTRUMENT PURCHASE SALE NET FII DII FII DERIVATIVE SEGMENT IN CR (12/29/2014) INSTRUMENT PURCHASE SALE NET INDEX FUTURE INDEX OPTION STOCK FUTURE (14.55) STOCK OPTION BULK & BLOCK DEALS 3

4 NEWS Cars, SUVs to become costlier from January as govt ends excise sop Cars, SUVs and two-wheelers will become expensive from January 1 with the government deciding not to extend the reduced excise duty rates provided to the sector. The government is not extending the excise duty concessions on the auto sector. In order to boost the auto sector, the previous government had cut excise duty on cars, SUVs and two-wheelers in the interim Budget in February. Excise duty was reduced to 24% from 30% in the case of SUVs, 20% for mid-sized car from 24 % and 24% for large cars from 27%. In June, the new government extended the excise duty concession by six months to December 31, which is not being further extended. After two successive years of sales slump, the auto industry has shown growth of 10.01% in April-November period this fiscal. Source-zeenews Impact- non extension of reduced excise duty is bad for Automobile sector. 4

5 EVENTS CORPORATE ACTION BONUS / RIGHTS / STOCK SPLIT / ADR & GDR / FCCB / M&A / WARRANTS ETC. COMPANY RECORD DATE Ex-DATE DETAILS OTHER EVENTS India s Fiscal Deficit data in absolute terms Index data for the month of December,2014. U.S. Initial Jobless claims data for the week ended December 27,2014. The Bloomberg consumer comfort data for the week ended December 28,2014. Source of News : The content may have been taken from The Economic Times, Business Standard, Business Line, Mint and other leading financial newspapers and financial portals BSE,NSE, Bloomberg, Moneycontrol & others. 5

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