DAILY EQUITY NEWSLETTER 20 TH SEPTEMBER 2017 PREPARED BY- RESEARCH TEAM

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1 DAILY EQUITY NEWSLETTER 20 TH SEPTEMBER 2017 PREPARED BY- RESEARCH TEAM

2 Market Update :- The Sensex closed down points at , while the Nifty was down 4.05 points at The market breadth was negative as 1288 shares advanced, against a decline of 1311 shares, while 159 shares were unchanged.midcaps had a good day, outperforming the benchmark indices, while barring pharmaceuticals and PSU banks, all sectoral indices ended in the green.tata Motors, Tata Motors DVR and GAIL were the top gainers on both indices, while Coal India, Sun Pharma and Aurobindo Pharma were the top losers. India's foodgrain production is expected to be around last year's record level of million tonnes despite deficient rains as well as floods in some parts of the country.the government has fixed a target of million tonnes for ongoing crop year (July- June) which is generally conservative. "We have achieved record production of million tonnes in We are going to repeat this performance this year," Agriculture Secretary S K Pattanayak said at a rabi conference that chalked out a strategy for wintersown crops.southwest monsoon, which is key to kharif crops, has been "more or less normal except few pockets." The situation in parts of Maharashtra, Madhya Pradesh and Peninsular India, which witnessed less rain, has improved in last two weeks. Hurricane Harvey had a huge impact on the US refining capacity and the downstream petrochemical industry. With about 16 percent of refining capacity still shut down and expected to start functioning only after a hiatus, GRM (gross refining margin) is expected to remain high in near future. Indian petrochemical prices have recently firmed up which could impact plastic processing industries. In the meantime, stocks of the petrochemical manufacturers have benefitted from the tightness in the market.

3 Market Performance:- Nifty Gainer/losers Symbol LTP % Change Traded Qty Value (in Lakhs) Open High Low Prev. Close GAIL ,27,518 37, TATAMOTORS ,82,08,471 1,19, TATAMTRDVR ,13,688 8, INFRATEL ,56,748 7, KOTAKBANK 1, ,76,618 20, , , , , Symbol LTP % Change Traded Qty Traded Value (in Lakhs) Open High Low Prev. Close COALINDIA ,64,164 13, AUROPHARMA ,08,045 16, SUNPHARMA ,55,599 22, HINDALCO ,38,461 12, SBIN ,43,31,316 38,

4 FII/FPI TRADING:- The following is combined FII/FPI trading data across NSE, BSE and MSEI collated on the basis of trades executed by FIIs/FPIs FII/FPI trading activity on NSE,BSE and MSEI in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value FII/FPI 18-Sep Domestic Institutional Investors trading activity on NSE, BSE and MSEI on Capital Market Segment The following is combined Domestic Institutional Investors trading data across NSE, BSE and MSEI collated on the basis of trades executed by Banks, DFIs, Insurance, MFs and New Pension System DII trading activity on NSE,BSE and MSEI in Capital Market Segment(In Rs. Crores) Category Date Buy Value Sell Value Net Value DII 18-Sep STOCKS IN NEWS Bharat Gears Nalco NHPC Biocon Swan Energy JSW Steel Prestige Estates InterGlobe Aviation Texmaco Rail Sobha Jaypee Infratech Indiabulls Real Estate and Muthoot Finance are stocks, which are in the news.

5 TECHNICAL VIEW:- Recommendation: - Nifty end down 5.50 point close at , major support level and major resistance level nifty is at consolidation zone so trader can make their position on the basic on support and resistance level. RESISITANCE : /10201 PIVOT POINT : SUPPORT : /10103

6 TECHNICAL VIEW:- Recommendation:- Bank Nifty end down 5.35 point close at and Bank nifty is near their life time high of major support level and resistance level and Bank Nifty is in consolidation zone so trader can make their position on the basic of support and resistance level. RESISITANCE : / PIVOT POINT : SUPPORT : / 24935

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