August 25, Ujjala Choudhary

Transcription

1 August 25, 2015 Ujjala Choudhary

2 ARKET UPDATE INTRA DAY CHART OF SENSEX Indian markets fell sharply today by more or less 5.92percent in Nifty and 5.94 percent in Sensex. This has been the highest fall in six years. The selling was perpetuated by Global selloff in equities, commodities and emerging market currencies. Ever since China has depreciated their currency fortnight back global markets across equities, commodities and emerging market currencies have become extremely volatile with the negative buyers. Among the sectors Realty, Oil & Gas and Power sector stocks ended up with extreme loss. Nifty closed at down by points or 5.92percent over the previous day closing of after witnessing a low of and a high of Sensex closed at down by points or 5.94percent over the previous day closing of It touched an intraday low of and high of MARKET TURNOVER (RS.CR) NAME LAST PREVIOUS DAY NSE CASH NSE F&O NIFTY TOP TURNOVERS COMPANY LAST PRICE SHARE TRADED NIFTY TOP GAINERS COMPANY LAST PRICE CHANGE % CHANGE NIFTY TOP LOSERS TOTAL TURNOVER (Rs. Cr) AXIS BANK ICICI BANK INFOSYS SBIN RELIANCE COMPANY LAST PRICE CHANGE % CHANGE VEDL (14.85) GAIL (14.16) TATA STEEL (13.83) CAIRN (13.20) PNB (11.36) The markets breadth was negative. Out of 2844 stocks traded 306 stocks advanced, 2486 stocks declined and 52 stocks remained unchanged. In Sensex, Out of 3 0stocks 0 stock advanced and 30 stocks declined. Among the sectors BSE Realty, BSE Oil & Gas and BSE Power were the main losers of the day which decreased by percent, 9.20 percent and 8.12 percent respectively. In BSE Realty sector HDIL, India Bulls Real Estate and DLF decreased by percent, percent and percent respectively. In Oil & Gas Cairn, GAIL and ONGC decreased by percent, percent and percent respectively. In BSE Power sector Adani Power, JSW Energy and Torrent Power decreased by percent, percent and percent respectively. OUTLOOK Commodities led by crude oil is down significantly and Emerging market Currencies trade depreciated vs USD. Fear of global slowdown led by China and unexpected moves by China to prop up their economy continues to weigh on sentiments. As reiterated earlier that global funds may not be in a hurry to put in fresh investments but wait and watch for developments esp. emanating from China. However at these times of volatility fundamentals play an important role in determining stock picks. The fundamental of India is much better placed with medium to longer term perspective as decline in crude oil and other commodity prices favors our fiscal consolidation. Also, the decline in inflation and increase in IIP for the latest months convinces us that India's economic cycle is bottoming out and may regain pace led by consumption and investments. As reiterated last week the decline in INR vs the USD over the past 10 years is very large compared to yuan, hence India's competitiveness would remain in global markets over China. NIFTY composition consists of ~40-45% of exporters hence decline in INR vs USD would help exporters led by IT and pharma. On the other hand decline in oil to help consumption and other oil derivative cos. Therefore, Microsec Fundamental Research strongly belives that Nifty may fall as a knee jerk reaction to global markets but may not remain at lower levels for long, hence long term investors can accumulate IT, Pharma, Oil derivative and consumption based stocks. 2

3 ARKET STATS DOMESTIC INDICES SENSEX (5.94) NIFTY (5.92) BSE MID-CAP (7.68) BSE SMALL-CAP (8.81) NSE CNX MIDCAP INDEX (8.77) SECTORAL INDICES AUTO (7.19) CAPITAL GOODS (7.09) FMCG (4.54) METAL (7.18) OIL & GAS (9.20) HEALTHCARE (6.75) POWER (8.12) REALTY (10.93) CONSUMER DURABLES (7.23) BANKEX (6.99) IT (8.81) GLOBAL INDICES DOW JONES (3.12) NASDAQ (3.52) S&P (3.19) FTSE (2.87) CAC (3.21) DAX (3.08) MEXICO BOLSA (2.03) BRAZIL BOVESPA (1.99) RUSSIAN RTS (4.28) NIKKEI (4.61) HANG SENG (5.17) TAIWAN TAIEX (4.84) SHANGHAI (8.49) KOSPI (2.47) FTSE BURSA MALAYSIA KLCI (2.70) JAKARTA COMPOSITE (3.97) PSEi - PHILIPPINE SE (6.70) STOCK EXCH OF THAI (4.73) Data Source: Bloomberg, BSE, NSE, moneycontrol as on August 24,2015 at 5.00 p.m. INDUSTRIAL METALS & ENERGY MARKETS COPPER (USD/T) (3.09) ALUMINUM (USD/T) (2.49) ZINC (USD/T) (2.72) LEAD (USD/T) (3.79) OIL (USD/BBL) (3.66) NATURAL GAS (USD/MMBTU) (1.16) PRECIOUS METALS GOLD (USD/OZ) (0.59) SILVER (USD/OZ) (2.60) INDUSTRY INDICES BALTIC DRY INDEX (1.97) BBG WORLD IRON/STEEL IDX (4.90) CURRENCIES USD-INR EUR-INR GBP-INR INR-JPY (2.49) INSTITUTIONAL FLOW IN CR (08/20/2015) INSTRUMENT PURCHASE SALE NET FII (958.59) DII FII DERIVATIVE SEGMENT IN CR (08/21/2015) INSTRUMENT PURCHASE SALE NET INDEX FUTURE ( ) INDEX OPTION STOCK FUTURE (439.00) STOCK OPTION (28.98) BULK & BLOCK DEALS 3

4 BIG LOSERS OF NSE CNX 500 EQTY INDEX ut of 500 stocks in NSE CNX 500 EQTY IDX, 2 Stocks remained positive,2 stocks were unchanged and the remaining 496 stocks lipped down. 4

5 BIG LOSERS OF NSE CNX NIFTY INDEX ut of 50 stocks in NSE CNX NIFTY INDEX, 01 Stock remained positive and the remaining 49 stocks slipped down. 5

6 EVENTS CORPORATE ACTION BONUS / RIGHTS / STOCK SPLIT / ADR & GDR / FCCB / M&A / W ARRANTS ETC. COMPANY RECORD DATE Ex-DATE DETAILS Balaji Telefilms Limited. - 08/25/2015 DIVIDEND INR 0.60 PER SHARE Mphasis Limited - 08/25/2015 AGM/ DIVIDEND INR PER SHARE Kajaria Ceramics Limited - 08/25/2015 AGM/ DIVIDEND INR 4.00PER SHARE OTHER EVENTS U.S FHFA House Price Index data for the month of June,2015. U.S S&P/CS Composite data for the month of June,2015. U.S Consumer Confidence Index data for the month of August,2015. U.S New Home Sales data for the month of July,2015. 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. 6

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