Money Morning 07 December 2015

Transcription

1 Index Page No. Page No. International News 2 Board Meetings 3 Macro-Economic News 2 Corporate Actions 3 Event Calendar 3 Indian Indices Last Close 1 Day MTD YTD Sensex 25,638 (1.0) (1.9) (6.8) Nifty 7,782 (1.0) (1.9) (6.0) CNX Midcap 13,191 (0.7) (0.4) 4.8 CNX IT 10,969 (1.0) (2.1) (2.2) Bankex 16,897 (1.2) (3.1) (9.8) Auto 18,480 (1.1) (2.6) (0.8) Metal 7, (32.3) FMCG 7,838 (1.2) (0.9) 1.7 Nifty vs Institutional Movement Global Indices Last Close 1 Day MTD YTD Shanghai 3,525 (1.3) Nikkei ,504 (0.7) Straits Times 2, (13.6) Hang Seng 22,236 (0.4) 1.5 (5.4) DJIA 17, S&P 500 2, FTSE 6,238 (0.6) (1.9) (5.0) Dollar Index (1.7) 9.1 Source: NSE Live Markets As on 08:15 hours IST Hang Nikkei SGX Nifty Seng Current Quote 3,538 19,797 7,865 22, % 1.5% 0.6% 0.4% Volumes Shanghai Moving Average (Rs bn) 1 Day 5 Day 30 Day BSE CASH Nifty vs India VIX NSE CASH NSE F&O Nov 1-Dec 2-Dec 3-Dec 4-Dec Nifty Spot (LHS) INDIA VIX (RHS) Source: NSE Institutional Activities (Net) 1 Day MTD YTD FII (Rs bn) (17.5) (24.0) (196.5) MF (Rs bn) Bond Market 1 Day 1M 1 Yr 10Yr Yield (G-Sec) Currency Market 1day MTD YTD INR/USD (0.0) (0.0) (5.5) INR/EURO (3.0) (2.9) 5.6 INR/GBP (1.3) (0.7) (2.5) Commodities Update Last Close Spot market Historical Data (%) Unit Close 1 Day MTD YTD Crude Oil(NYME) $/Bbl 40 (1.0) (4.9) (25.7) Gold (OTC) $/Oz 1,085 (0.2) 1.9 (8.4) Copper (LME) $/MT 4, (27.6) Aluminum (LME) $/MT 1, (17.5) Sugar (LIFFE) $/MT 415 (0.5) Zinc (LME) $/MT 1, (0.7) (28.7) Baltic Dry Index 563 (1.9) (3.6) (28.0) Source: Bloomberg Page No: 1

2 International News U.S. Trade Deficit Unexpectedly Widens To $43.9 Billion In October The Commerce Department said the trade deficit climbed to $43.9 billion in October from a revised $42.5 billion in September. Economists had expected the trade deficit to narrow to $40.6 billion in October from the $40.8 billion originally reported for the previous month. The unexpectedly wider trade deficit was partly due to a steep drop in the value of exports, which tumbled by 1.4 % to $184.1 billion in October from $186.8 billion in September. Reflecting notable decreases in exports of industrial supplies and materials and capital goods, the value of exports hit a three-year low. The value of imports showed a more modest decrease, falling by 0.6 percent to $228.0 billion in October from $229.2 billion in September. Excluding petroleum, the value of imports actually rose. Japan Consumer Confidence At 2-Year High The seasonally adjusted consumer confidence index rose to 42.6 in November from 41.5 in the previous month. Economists had expected the index to increase slightly to 41.7.The latest reading was the highest since November 2013, when it marked 43.0.The survey was conducted on November 15 among 8,400 households and the response rate was 66.3 %.The component index of employment rose by 0.8 points to 46.7 in November. The index for willingness to buy durable goods improved to 41.6 from 40.3 Source: Economic Times, Business Line, Business Standard, Times of India, DNA Money, Mint, Financial Express, Bloomberg, RTT News Page No: 2

3 Event Calendar Economy Monday 7 Dec Tues 8 Dec Wed9 Dec Thurs 10Dec Friday 11Dec Domestic: Global: UK: Industrial Production YOY (Exp 1.30%, Prior 1.10% China: CPI YOY Nov (Exp 1.4%, prior1.30%) PPI YOY Nov (Exp -6.0%, prior %) Industrial Production YOY Oct (Prior 3.60%) US: Initial Jobless Claims Dec (Prior269K) Continuing Claims Nov (Prior2161K) France: Industrial Production YoY Oct(Prior 1.80%) Source: Bloomberg Corporate Actions Board Meetings Ex Date Company Purpose 4-Dec CCL INTERNATIONAL LTD. Consolidation of Shares 8-Dec INDSIL HYDRO POWER AND Dividend - Rs Dec BINANI INDUSTRIES LTD. Dividend - Rs Dec J.KUMAR INFRAPROJECTS LTD. Stock Split From Rs.10/- to Rs.5/- Date Company Result Dividend 5-Dec KSOILS 14-Dec RR FINANCIAL CONSULTANT 30-Jan VENLON ENTERPRISES LTD. 16-Dec SETCO AUTOMOTIVE LTD. Stock Split From Rs.10/- to Rs.2/- Source: NSE, BSE Source: NSE, BSE Page No: 3

4 Research Team Vivek Mahajan Hemant Thukral Head of Research Head Derivatives Desk Fundamental Team 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 Advisory Team 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: 4

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