Premium Equity Daily Journal. Strictly for Client Circulation. Nifty (-0.44%) Sensex (-0.44%)

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1 Published On 14 Feb 2019 Research Analyst Report 14 Feb 2019 Premium Equity Daily Journal Strictly for Client Circulation Nifty (-0.44%) Sensex (-0.44%)

2 Market Wrap IT stocks fall- Key indices cut losses in mid-afternoon trade as European stocks rose in early trade. At 14:15 IST, the barometer index, the S&P BSE Sensex, was down points or 0.23% at 35, The Nifty 50 index was down points or 0.26% at 10, IT stocks fell. Domestic stocks drifted lower in early trade on selling pressure in index pivotals. Key indices extended decline in morning trade. Stocks hovered in negative zone in mid-morning trade. Key equity indices trimmed losses after hitting fresh intraday low in afternoon trade. The S&P BSE Mid-Cap index was up 0.41%. The S&P BSE Small-Cap index was up 0.1%. The market breadth, indicating the overall health of the market, was weak. On the BSE, 1031 shares rose and 1381 shares fell. A total of 113 shares were unchanged. IT stocks fell. TCS (down 1.35%), Infosys (down 1.29%), Wipro (down 0.19%), HCL Technologies (down 0.39%), Oracle Financial Services Software (down 6.74%), Tech Mahindra (down 0.79%) declined. Hexaware Technologies (up 0.65%) rose. Benchmarks hit fresh intraday low- Key equity indices trimmed losses after hitting fresh intraday low in afternoon trade. At 13:23 IST, the barometer index, the S&P BSE Sensex, was down points or 0.42% at 35, The Nifty 50 index was down points or 0.51% at 10, Domestic stocks drifted lower in early trade on selling pressure in index pivotals. Key indices extended decline in morning trade. Stocks hovered in negative zone in mid-morning trade. The S&P BSE Mid-Cap index was down 0.03%. The S&P BSE Small-Cap index was down 0.27%. The market breadth, indicating the overall health of the market, was weak. On the BSE, 919 shares rose and 1417 shares fell. A total of 115 shares were unchanged. Hero MotoCorp (up 2.33%), Sun Pharmaceutical Industries (up 1.66%), IndusInd Bank (up 1.45%), ITC (up 0.67%) and ICICI Bank (up 0.51%), were the major Sensex gainers.

3 Buzzing Stocks Ashok Leyland surges 6% after Q3FY19 profit, Ebitda beat estimates. Indian Sugar mills stock gain after report govt mulling price hike. Balrampur Chini Mills (+6%), Dhampur Sugar Mills, Bajaj Hindusthan Sugar (+4%), Shree Renuka Sugars (+3%). DHFL surges 7% after Mehta's clarification on resignation. VA Tech Wabag bags order worth Rs520cr under Namami Gange; stock surges 4%. Yes Bank stock surges 29% as RBI says no divergence in asset quality. Nifty Metal index slips 1.5%. NALCO (-3.5%), Hindalco, JSW Steel, Jindal Steel, Coal India (-2%). Karur Vysya Bank stock tanks 18% on weak Q3 results.

4 Market Action Feb 14, 15:15 Page Industries 23, (-2.13%) Page Industries Q3 profit jumps 22% to. Rs 102 cr on strong operating income. Feb 14, 14:00 Bharat Forge (0.01%) Ideas for Profit Strong showing by Bharat Forge in Q3 FY19; valuations attractive. Feb 14, 13:15 Mahindra and Mahindra (-1.12%) Mahindra's XUV300 debuts at Rs 7.9 lakh, priced at a premium to Maruti Brezza. Feb 14, 11:00 Yes Bank (31.77%) First Cut RBI s clean chit was what the Yes Bank stock was waiting. Feb 14, 10:45 HeidelbergCement India (0.41%) Heidelberg Cement India: Strong Q3 performance on all parameters; accumulate. Feb 14, 10:00 Bharat Forge (0.01%) Credit Suisse, Citigroup cut target price for Bharat Forge despite healthy Q3 result. Feb 14, 08:00 Dewan Housing Finance Corporation (15.74%) DHFL CEO Harshil Mehta resigns. Feb 14, 08:00 Yes Bank (31.77%) RBI finds no divergence in provisioning, asset classification: Yes Bank.

5 Nifty Spot View NIFTY (-0.44%) Intraday 52 Weeks (Bearish) Open 10, High 10, , Previous Close 10, Low 10, , R2 10,826 R1 10,786 Pivot 10,752 S1 10,712 S2 10,678 Benchmark BSE index on track for its worst run in over 5 months, led by energy stocks after crude oil prices climbed to their highest in nearly three months. After opening lower, the stock markets- Sensex and Nifty extended losses in the afternoon trade on Thursday. The Sensex closed 158 points down at 35, while the Nifty ended 47 points down at 10, Yes Bank shares closed 32% higher at Rs , after the private sector lender said RBI has not found any divergence in the asset classification and provisioning done during ONGC share price slumped by more than 4% to Rs in the morning trade, to emerge among the biggest Sensex losers. State-run Hindustan Petroleum Corp Ltd, Indian Oil Corp Ltd and Bharat Petroleum Corp Ltd were among the top percentage losers on the index, shedding percent. International Brent crude oil futures ticked up to $64.04 a barrel, a level last seen in November. Index heavyweight Reliance Industries Ltd, which has gained nearly 10 percent since reporting its quarterly results mid-january, fell 1.6 percent. The broader Nifty, on track for a fifth straight session of losses, declined 0.39 percent to 10, as of 0606 GMT, while the benchmark Sensex was 0.38 percent lower at 35, As per the pivot table are The intraday support levels for the Nifty index. The intraday resistance in the nifty index is seen in the range of

6 Nifty Spot View NIFTY BANK (0.32%) Intraday 52 Weeks (Bullish) Open 26, High 27, , Previous Close 26, Low 26, , R2 27,151 R1 27,060 Pivot 26,939 S1 26,848 S2 26,727 Shares of YES Bank zoomed 30 per cent to Rs 220 on the National Stock Exchange (NSE) in intra-day trade, after the private sector bank said the Reserve Bank of India (RBI) has not found any divergence in the asset classification and provisioning done by the lender during financial year The stock ended per cent lower at Rs Shares of Zee Entertainment Enterprises (ZEEL) rose 8 per cent to Rs 440 apiece in the intra-day trade, rallying 52 per cent from their January's low on the BSE. The stock closed at Rs , up 6.19 per cent. The S&P BSE Sensex ended at 35,158, down 158 points or 0.44 per cent, while the broader Nifty50 index settled at 10,746, down 48 points or 0.44 per cent. Among the sectoral indices, the Nifty IT index, the top loser of the day, settled 1.12 per cent lower driven by a fall in Oracle Financial Services Software and Infosys. The Nifty Financial Services index, too, ended 0.57 per cent lower weighed by HDFC Bank and Bajaj Finserv. In the broader market, the S&P BSE MidCap index ended 72 points, or 0.52 per cent lower, while S&P BSE SmallCap index settled at 13,363, down 23 points, or 0.17 per cent. Asian stock markets were in a cautious mood on Thursday as investors hung on for any hint of progress in the latest Sino-US tariff talks amid reports the White House could extend the deadline for a deal. MSCI s broadest index of Asia-Pacific shares outside Japan eased 0.2 per cent, though that was off a peak last seen in early October. Japan s Nikkei edged up 0.1 per cent to its highest for the year as a weakening yen boosted export stocks. E-Mini futures for the S&P 500 added 0.15 per cent. As per the pivot table are The intraday support levels for the Nifty Bank index. The intraday resistance in the Bank Nifty index is seen in the range of

7 Key Indices Index LTP High Low % Change Nifty 50 Bank Nifty Nifty Next 50 10, , , Nifty 100 Nifty 200 Nifty 500 Nifty Midcap 100 Nifty Smallcap 100 Advance/Decline Today 10, , , , , , , , , , , , , , , , , , , , , Index Advance Decline Nifty Nifty Next Nifty Nifty Nifty Sector Indices Today Index LTP High Low % Change Nifty Metal Nifty Auto Nifty Energy Nifty Media 2, , , Nifty Realty Nifty Pharma Nifty Financial Services Nifty FMCG Nifty PSU Bank Nifty IT 2, , , , , , , , , , , , , , , , , , , , , , , ,

8 INDEX PULLERS AND DRAGGERS Index Pullers Index Draggers Index LTP Change(%) Contribution Points Index LTP Change(%) Contribution Points Yes Bank (30.57%) ICICI Bank (1.24%) 6.68 Larsen & Toubro 1, (0.90%) 3.35 Zee Entertainmen (6.19%) 3.31 Indiabulls Hous (6.09%) 2.96 Reliance Inds. 1, (-1.75%) HDFC Bank 2, (-1.55%) Infosys (-1.97%) H D F C 1, (-1.54%) TCS 2, (-1.01%) Stock Showing Activity Top Gainers- Nifty 500 Index LTP Change(%) Yes Bank (30.57%) CG Power & Indu (21.99%) Dewan Hsg. Fin (15.06%) MMTC (14.23%) T N Newsprint (10.10%) Top Losers- Nifty 500 Index LTP Change(%) Karur Vysya Bank (-14.30%) Rain Industries (-7.66%) Kaveri Seed Co (-5.59%) NBCC (-4.95%) Oracle Fin.Serv. 3, (-4.94%)

9 52-Weeks High-Low 52-Weeks High- Nifty Weeks Low- Nifty 500 Index LTP Change(%) Index LTP Change(%) UPL (0.47%) Karur Vysya Bank (-14.30%) Rain Industries (-7.66%) NBCC (-4.95%) G N F C (-4.65%) Natco Pharma (-4.32%) Global Indices Index Date Value Change %Change Straits Times 3, % Hang Seng 28, % Nikkei , % SSE (Shanghai) 2, % Nasdaq 7, % 14/02/2019 S&P500 2, % Dow Jones Ind. Avg. 25, % CAC 40 5, % BEL-20 3, % DAX 11, % FTSE 100 7, %

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