Market Snap 14 th July 2018

Transcription

1 Weekly ary Market Snap 14 th July 2018 BROKING INVESTMENT BANKING l RESEARCH DISTRIBUTION l DEPOSITORY Index Previous Close Open High Low Close Change Change (%) Sensex % Nifty % Indices shut the week on strong gains. Indian equity benchmark ended on a strong note in the week ended 13 th July, 2018; as gains in blue-chips such as Reliance Industries, Infosys and HUL and positive global cues were boosted domestic sentiment. Key indices fell in one out of five sessions of the week. The S&P BSE Sensex up points or 2.48% to settle at in the week ended 13 th July The CNX Nifty up points or 2.29% to settle at The BSE Mid Cap index rose points or 0.26% to settle at The BSE Small Cap Index rose points or 0.85% to settle at Trading for the week started on green note. Key indices settled with modest gains on Monday, 09 July 2018; firmness in global cues; Sensex up points or 0.78% to settle at 35, Key indices registered heavy gains on Tuesday, 10 July 2018; amid upbeat global stocks; Sensex rose points or 0.85% to settle at 36, Key indices settled almost flats on Wednesday, 11 July 2018; on volatile session; Sensex hike points or 0.07% to settle at Key indices settled with strong gains on Thursday, 12 July 2018; Due to an overnight slump in crude oil prices; Sensex gained points or 0.78% to settle at 36, Key indices registered small losses on Friday, 13 July 2018; on volatile session; Sensex lost 6.78 points or 0.02% to settle at 36, Oil & Gas Sector Reliance Industry GAIL(I) BPCL IOC Hindustan Petroleum Oil(I) ONGC Corp Castrol(I) Petronet LNG The Oil & Gas index ended at up by points or by 3.36%. Reliance Industries, GAIL, BPCL and IOC were among the major gainers in the week rising 13%-01%. Most active (by Value) Most active (by Qty) Name Qty( 000) Pr. Vol. SRTRANSFIN HEXAWARE IDBI JUSTDIAL ASHOKLEY Name Qty( 000) Pr. Vol. ADANIPOWER IDBI GMRINFRA RCOM JPASSOCIAT Top gainers Name Closing Price Previous close %change BIGBLOC MIRCELECTR ADANIPOWER IDBI ADANIENT Top losers Name Closing Price Previous close %change JVLAGRO NDTV KWALITY PVR DEN For Private Circulation Only 1 Hem Research

2 IT Sector KPIT Technologies MPHASIS Mind Tree Wipro HCL Technology Oracle Financial Services TCS Infosys Tech Mahindra The Information Technology index ended at up by points or by 3.17%. KPIT Technologies, MPHA- SIS, Mind Tree and Wipro Ltd were among the major gainers in the week rising 13%-07%. Capital Goods Sector Carborundum UNIV Lakshmi Machine AIA Engineering ABB(I) LT Havells(I) SKF(I) Crompton Greaves Sadbhav Engineering The Capital Goods index ended at up by points or by 1.57%. Carborundum UNIV, Lakshmi Machine, AIA Engineering and ABB were among the major gainers in the week rising 5.00%-4.00%. For Private Circulation Only 2 Hem Research

3 Corporate News: R S Software (India) participated in reverse online auction conducted by National Payments Corporation of India (NPCI) for development and operation of platform for EFRM. The company has been ranked as L1 bidder in the reverse online auction conducted as above, pending award and execution of contract for the same. Cyient fell 3.42% after consolidated net profit fell 32.67% to Rs crore on 1.71% increase in net sales to Rs 1080 crore in Q1 June 2018 over Q4 March Hindustan Oil Exploration Company rose 2.94% after the company announced it completed drilling of two wells. Company s announced the successful completion of a two well re-entry and side track drilling campaign of Mercury and Earth wells which commenced in April Based on the test results of these wells there is an increase in gas production by about 10 mmscfd from the current level of 2 mmscfd. PY-1 block is 100% HOEC owned offshore field with the facilities to handle this production without any additional operating costs. PVR Ltd and INOX Leisure Ltd slumped as much as 12.9% and 14.1%, respectively, after reports that Maharashtra state government said people will to be allowed to carry food items along with them in cinema halls and in multiplexes. Sika Interplant Systems Ltd shares jumped after the company announced it has secured new orders for advanced engineering products and services in the recent past. With these contracts, the company said its order backlog has gone up to Rs 102 crore. Karnataka Bank Ltd shares lost after in terms of asset quality, gross non-performing assets (NPAs) or bad loans rose to 4.72% of gross loans as on 30 June 2018 from 4.34% in the year-ago period. Vakrangee Ltd gained as it has entered an alliance with Reliance Nippon Life Asset Management, which shall offer distribution of mutual fund products to the citizens on PAN India basis. HCL Technologies Ltd fell after the board of HCL Tech on Thursday approved a share buyback plan worth Rs 4,000 crore. The company will buy back the shares at 1,100 per share. The buyback is at a premium of 9.4% to the closing price of the stock on Thursday. For Private Circulation Only 3 Hem Research

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