Money Morning 22 September 2015

Transcription

1 Index Page No. Page No. Macro-Economic News 2 Bulk Deals 5 Derivative Corner 3 Price Shockers 5 Event Calendar 4 Indian Indices Last Close 1 Day MTD YTD Sensex 26,193 (0.1) (0.3) (4.8) Nifty 7,977 (0.1) 0.1 (3.7) CNX Midcap 12, (1.7) 2.0 CNX IT 11,724 (0.0) Bankex 17, (6.4) Auto 17, (1.5) (5.5) Metal 7,286 (0.1) (2.2) (32.2) FMCG 7,531 (0.8) (3.3) (2.2) Nifty vs Institutional Movement (` Mn) Provisional Figures for Investments (2000) (4000) (6000) (8000) (10000) Source: NSE Source: NSE Nifty vs India VIX Sep 14-Sep 15-Sep 16-Sep 18-Sep 21-Sep FII (LHS) MF (LHS) Nifty (RHS) Sep 11-Sep 14-Sep 15-Sep 16-Sep 18-Sep 21-Sep Nifty Spot (LHS) INDIA VIX (RHS) Global Indices 1 Day MTD YTD Shanghai 3, (0.8) (1.7) Nikkei ,432 (0.6) (4.3) 3.5 Straits Times 2, (0.8) (13.9) Hang Seng 21,757 (0.1) 1.1 (7.2) DJIA 16, (0.1) (7.4) S&P 500 1, (0.3) (4.5) FTSE 6, (2.2) (7.0) Dollar Index 96 (0.1) (0.0) 6.1 Live Markets As on 08:15 hours IST Hang Nikkei SGX Nifty Seng Current Quote 3,181 18,070 7,987 21, % (2.0%) 0.1% 0.7% Volumes Moving Average (Rs bn) 1 Day 5 Day 30 Day BSE CASH NSE CASH NSE F&O Institutional Activities (Net) 1 Day MTD YTD FII (Rs bn) 1.5 (71.4) (74.0) MF (Rs bn) Bond Market 1 Day 1M 1 Yr 10Yr Yield (G-Sec) Currency Market 1day MTD YTD INR/USD (0.1) 1.1 (4.1) INR/EURO INR/GBP (3.7) Commodities Update Last Close Shanghai Last Close Spot market Historical Data (%) Unit Close 1 Day MTD YTD Crude Oil(NYME) $/Bbl 46 (0.9) (6.0) (13.2) Gold (OTC) $/Oz 1, (0.1) (4.3) Copper (LME) $/MT 5, (17.1) Aluminum (LME) $/MT 1,607 (0.5) 1.2 (11.9) Sugar (LIFFE) $/MT 341 (0.6) 0.0 (12.7) Zinc (LME) $/MT 1,657 (1.8) (8.4) (23.9) Baltic Dry Index Source: Bloomberg Page No: 1

2 Macro-Economic and Other News Indian economy to outpace 7.3% growth of last fiscal India has the potential to be the bright spot in the gloomy world economic scenario, he said, adding fiscal deficit is coming down and inflation is very much under control. Showcasing the India growth story to international investors with collective asset under management of $10 trillion, Jaitley asked them to invest in infrastructure, manufacturing and other sectors that have funding needs. Current account deficit is down to 1.2 per cent, foreign exchange reserves are very high, inflation is very much under control and therefore, macroeconomic indications seem to be positive International News China Leading Index Gains 1.0% In August - Conference Board A leading economic index for the Chinese economy advanced sharply in August, the latest survey from the Conference Board showed on Tuesday, advancing 1.0 %.That follows the 0.9 % increase in July and the 0.5% gain in June. The coincident index gained 0.8 % in August after rising 1.1% in July and 0.2 % in June. Source: Economic Times, Business Line, Business Standard, Times of India, DNA Money, Mint, Financial Express, Bloomberg, RTT News Page No: 2

3 < Daily Price (%) < Nifty Grid in Price Short Covering` 2 HINDALCO AXISBANK IDFC NMDC Long Built Up 1 KOTAKBANK BANKBARODA DLF POWERGRID SBIN MARUTI JINDALSTEL 0 LT GAIL TATAMOTORS HDFCBANK TATAPOWER ICICIBANK BPCL NTPC BAJAJ-AUTO TECHM PNB ACC AMBUJACEM (1) SUNPHARMA LUPIN HCLTECH HDFC GRASIM TATASTEEL ONGC COALINDIA INFY TCS BHEL CIPLA HEROMOTOCO ULTRACEMCO HINDUNILVR CAIRN INDUSINDBK RELINFRA Profit Booking / long Unw ind` (2) RELIANCE M&M DRREDDY ITC ASIANPAINT BHARTIARTL Short Built Up ` < > Daily in Open Interest* (Futures Current month) Note: Summation of three series of future Page No: 3

4 Event Calendar Economy Monday21 th Sep Tues 22 Th sep Wed 23 rd sep Thurs 24 th Sep Friday 25 Th sep Domestic Global Eurozone: Market Eurozone Manufacturing PMI Sep ( exp 52.2, prior 52.2) US: Initial Jobless Claims Sep (Prior264K) Continuing Claims Sep (Prior2237K) US: Market US Composite PMI Sep ( Prior 55.7) Germany: Market/BME Germany Manufacturing PMI Sep ( exp 52.8, Prior 53.3) France: Market France Manufacturing PMI Sep ( Prior 48.3) Source: Bloomberg Page No: 4

5 Bulk Deal Company Acquirer Qty Price Seller Qty Price L&T Finance Holdings Ltd Citigroup Global Markets Mauritius Private Limited Larsen & Toubro Limited Kirloskar Oil Eng Ltd Kirloskar Industries Limited N A Prabhat Dairy Limited N.A. = Not Available Source: BSE & NSE Smaller Companies Portfolio Of The Genesis Emerging Markets N A Price Shockers Gainers Company Losers Company IDBI MOTHERSUMI (21.7) (7.6) JPASSOCIAT SUNASIAN (5.7) (5.0) SCI PMCFIN 1.2 (0.1) (4.7) TORNTPOWER CRISIL 1,841.6 (77.3) (4.0) POLARIS HATHWAY 39.6 (1.7) (4.0) AMTEKAUTO OBEROIRLTY (8.5) (3.3) DISHTV SADBHAV (8.8) (3.1) JPPOWER MANAPPURAM 24.4 (0.7) (2.8) MAX CYIENT (15.4) (2.6) PTC L&TFH 66.9 (1.8) (2.6) UCOBANK UPL (11.8) (2.5) PFC BHARATFORG (21.7) (2.3) CEATLTD 1, SKFINDIA 1,208.3 (28.5) (2.3) IFCI BAJAJHLDNG 1,560.0 (36.4) (2.3) ADANIPOWER PIPAVAVDOC 58.6 (1.3) (2.2) Source: BSE Close price (` ) Price (` ) Price (%) Close price (` ) Price (` ) Price (%) Page No: 5

6 Research Team Vivek Mahajan Hemant Thukral Head of Research Head Derivatives Desk Fundamental Team Sunny Agrawal FMCG/Cement/Mid Caps Shreyans Mehta Construction/Real Estate Jaymin Trivedi Banking & Finance Naveen Baid IT Quantitative Team Sudeep Shah Sr.Technical Analyst Rahil Vora Technical Analyst Ammolh Paatil Sr. Derivative Analyst Soni Patnaik Derivative Analyst Advisory Support Avinash Nahata Head - Advisory Desk avinash.nahata@adityabirla.com Suresh Gardas Advisory Desk suresh.gardas@adityabirla.com Salim Hajiani Advisory Desk salim.hajiani@adityabirla.com Pradeep Parkar Advisory Desk pradeep.parkar@adityabirla.com Mohan Jaiswal Sr. Exec.-Research Support mohan.jaiswal@adityabirla.com ABML research is also accessible in Bloomberg at ABMR Page No: 6

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