Daily Dossier. Outlook. Top Stock Drivers For The Day. 7th March Nifty Intraday Chart

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1 Daily Dossier 7th March 2018 Outlook Nifty Intraday Chart Nifty ended 0.93% down at Taking cues from previous session, the Benchmark index opened on a weaker note and continued making lower lows. It touched the support of 10150, day s low was Ending the session with another bearish Marubozu candle suggests, further low towards 200 daily EMA placed around is likely. On the flip side RSI, quoting a value of 31, on daily chart is approaching towards the oversold zone. Hence, possibility of a pullback can t be ruled out. However, considering the midterm downtrend, its looks difficult to sustain at higher levels placed around and Midway minor resistance is placed around On the Nifty hourly chart; RSI is approaching towards the oversold zone. So we don t rule out the possibility of intraday counter pullback. However, ADX suggests, pullback may again get sold off around critical resistances placed around and Nifty patterns on multiple time frames show, it is approaching towards 200 daily EMA placed around levels. And in case of pullback, selling pressure may again gather steam on rise around critical resistances paced around and Open positional callst+5 Positional Sell (5 Trading sessions left)- BEL Fut (CMP ) on rise around 150 for the TGT of 144,SL- above 153 STBT Positional Sell (1 Trading session left)- Sell Amara Raja Batteries Fut (CMP ) on rise around 785 for the TGT of 765, SL- above 795. Nifty Crucial Supports & Resistances for tomorrowsupports , Resistances , Jaydeb Dey Jaydeb.dey@smifs.com Vivek Sethia vivek.sethia@smifs.com Top Stock Drivers For The Day Name News/Views Impact Following news came after market hours and is likely to react tomorrow: SBI (CMP ) RBI imposes INR4 million penalty on SBI. 1

2 Intraday Chart of Sensex FII Derivatives Flow (In Crore) Instrument Purchase Sale Net Index Future Index Option Stock Future Stock Option Institutional Flow (In Crore) Institution Purchase Sale Net Market Turnover (Rs. Crore) Name Last Previous NSE Cash NA* NSE F&O BSE Cash BSE F&O NIFTY Top Gainers Name %1D %5D Day Vol Avg 5 Day Vol HCL ,847,610 1,744,867 ITC ,153,219 8,693,322 Zee Entertainment ,115,998 1,634,226 Maruti Suzuki , ,194 Asian Paints , ,088 NIFTY Top Losers Name %1D %5D Day Vol Avg 5 Day Vol Bharti Airtel ,873,348 8,113,816 ICICI Bank ,472,773 15,899,970 Indiabulls Housing ,774,131 1,210,133 SBI ,262,500 21,951,520 Adani Ports ,951,930 2,472,310 FII DII Market in Retrospect Indian equity benchmark indices ended lower for sixth straight sessions, dragged by Banking and Oil stocks. Sensex and Nifty opened lower mirroring a selloff in global markets. They remained under selling pressure throughout the day and closed at and , down by 0.85% and 0.93% respectively from their previous close. The broader indices also remained under pressure as Nifty Midcap and Nifty Smallcap declined 1.58% and 2.22% in today s session. Sectorwise, Nifty FMCG was the sole gainer among the indices gaining 0.65%. On the other hand, Nifty PSU bank, Nifty Pharma and Nifty Fin Services were the top losers declining 3.57%, 1.54% and 1.43% respectively. Stockwise, HCL, ITC and ZEE Entertainment were the top gainers with 1.80%, 1.33% and 1.00% respectively, whereas, Adani Ports, SBI and Indiabulls Housing were the top losers declining 6.98%, 3.86% and 3.43% respectively. In NSE, 190 stocks advanced, 1358 declined and 22 remain unchanged. INDIA VIX was at against 16.24, on Wednesday. Bulk and Block Deals Energy Markets NYMEX Crude BRENT Crude Natural Gas NA* Data not updated till 5:45 pm 2

3 Indian Indices Sensex Nifty BSE M Cap BSE S Cap Nifty MC BSE Auto BSE Capgoods BSE FMCG BSE Metal BSE Oil&Gas BSE Healthcare BSE Power BSE Realty BSE ConsDur BSE Bank BSE IT Freight Baltic Dry Baltic Dirty Currency Name Rate Net Chng %1D %5D %1M %3M %1Y INR USD Index YUAN GBP EUR YEN Global Indices (Updated at 4:30 pm) Dow Jones Nasdaq S&P FTSE CAC DAX Mexico IPC Brazil Bovespa Russian RTS Japan Nikkei Hang Seng Taiwan Index Shanghai Comp KOSPI Malaysia KLCI Jakarta Comp Philippine SE Thai Exch LME Gold($/Ounce) Silver($/Ounce) Aluminium Copper Zinc Lead Bond Markets Name Yield Net Chng %1D %5D %1M %3M %1Y Agro Commodities US UK Name Price Net Chng %1D %5D %1M %3M %1Y Brazil Coffee Japan Cotton Australia Sugar India Wheat Switzerland Soybean Germany

4 News Impact LML to shut operations with no feasible revival Bankers have rejected a resolution plan for Kanpur-based motorcycle maker LMLBSE % after its top bidder Rimjhim Ispat offered about INR100 crore less than the liquidation value of the mothballed company. The resolution applicants were probably eying the real estate value of the assets. They were not serious in reviving the unit as they were not interested in continuing with workers and employees and because of these reasons bids got rejected. The company has about INR243 crore total debt, while lenders and the workmen together put up a claim of about INR500 crore. There is a consortium of nine secured lenders led by the State Bank of India (SBI). Other lenders include Edelweiss Asset Reconstruction Company, Bank of India, and the Stressed Assets Stabilization Fund (SASF). Essar Steel s USD6 billion sale is said to face fresh delay Essar Steel India Ltd s sale is facing a fresh delay, after creditors of the insolvent firm pushed back a decision on bids from ArcelorMittal and a consortium backed by VTB Group. A committee of Essar Steel creditors has postponed a meeting to discuss the offers. Arcelor Mittal and a separate investor group backed by Russia s state-controlled VTB were the only bidders for Essar Steel, which could fetch a valuation of at least USD6 billion in a sale. Advisers evaluating the offers had recommended all the bids be disqualified. They expressed concerns about ArcelorMittal s eligibility because it had held a stake in Uttam Galva Steels Ltd, which is classified as a delinquent borrower. The VTB investor group was also considered ineligible because its backers include the son of a billionaire Essar Steel founder. 4

5 Events CORPORATE ACTION BONUS / RIGHTS / STOCK SPLIT / DIVIDEND / FCCB / M&A / WARRANTS ETC. Company Record Date Ex-Date Details Housing & Urban Development Corporation Ltd. Cash Dividend of INR0.55 effective CESC Ltd. Cash Dividend of INR12 effective Bullish Bonds & Holdings Ltd. Corporate Meeting effective Domestic Events No Events. Global Events The U.S. Initial Jobless Claims for March 03, 2018, Euro Area Interest Rate decision, Japan GDP growth for Q4 2017, China Balance of Trade for February 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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