Daily Market Insights

Transcription

1 Daily Market Insights 11 th October 2017 Market Snippet S`4321 Benchmark indices traded higher for the third straight session on account of sustainable buying by DII moreover the buyback of Infosys also contributed to the gains of nifty. Global market cues also remained on bullish side for the day. Nifty ended the session to close at Private banks and Media stocks were the major gainers than of the day while Realty and FMCG stocks were the major losers of the day. Global Markets Update Hong Kong's securities regulator plans to implement a real-time investor identification system around mid-2018 for "northbound" trading under the Stock Connect program with China. World shares ground out a fresh record high on Tuesday, making it almost 50 for the year, although Europe tread cautiously as markets waited to see whether Spain's Catalonia region would push for independence later in the day. INDEX ADVANCE DECLINE UNCHANGED NSE INDEX ADVANCE DECLINE UNCHANGED BSE Gainers LARGECAP %CHANGE MIDCAP %CHANGE UPL +3.89% BIOCON +7.25% LUPIN +2.22% HAVELLS +5.19% BHARTIARTL +1.99% JSWENERGY +4.47% POWERGRID +1.89% STAR +4.37% INDUSINDBK +1.68% NCC +3.79% Losers LARGECAP %CHANGE MID CAP %CHANGE IOC -1.09% SINTEX -2.97% EICHERMOT -1.08% RELCAPITAL -1.91% VEDL -0.93% ABB -1.59% HINDUNILVR -0.92% SRF -1.45% AMBUJACEM -0.91% HINDZINC -1.00% Nifty Indian Markets INDEX VALUE CHANGE %CHANGE NIFTY % SENSEX % NIFTYBANK % INDIA VIX % International Markets INDEX VALUE CHANGE %CHANGE DOW % NASDAQ % FTSE % SHANGHAI % NIKKEI % Intraday super stars OUR PREVIOUS CALLS UPDATE Date Stocks Entry Exit P/L 10/10 HEROMOTOC(S) /10 APOLLOTYRE(S) 236 UNEXE - Multibagger Date Stock Entry Exit P/L 09/10 BPCL(L) Trifid special Date Stock Entry Exit P/L 03/10 TECHM(L) For our next calls click here.

2 Stock Snippets Suven Life Sciences surged over 7% in Tuesday's trade as the company has received a patent from New Zealand for a drug used for the treatment of neuro-degenerative diseases. Vedanta Resources' mined metal production at its Indian zinc unit rose 42% in the first half, boosted by higher ore production across all its mines. Reliance Infrastructure has announced entering into a period of exclusivity until January 15, 2018 with Adani Transmission Ltd (ATL) for its flagship Mumbai distribution business valued at Rs. 10,000-13,000 crore. The proposed transaction is subject to confirmatory diligence, definitive documentation, and customary approvals. - South Indian Bank Q2 profit plunges 96% as provisions rise 3.5 times, but NII up 13%. Profit in the quarter ended September 2016 stood at Rs crore. MAS Financial Services' initial share sale offer has been oversubscribed times on the final day of subscription Tuesday. The Rs 460-crore IPO has received bids for crore equity shares against the total issue. Global Markets European markets opened mostly lower on Tuesday, amid sustained geopolitical concerns and as Catalonia was set to officially declare its independence from the rest of Spain later in the day, heightening local tensions. The EURO STOXX 50 eased 0.07%, France s CAC 40 inched up 0.06%, while Germany s DAX 30 dipped 0.05% and Spain's IBEX 35 was down 0.27%. Japan stocks were higher after the close on Tuesday, as gains in the Insurance, Banking and Non-Metal Minerals sectors led shares higher. At the close in Tokyo, the Nikkei 225 gained 0.63% to hit a new 52-week high. DATE: 10/10/17 FII/DII CASH MTD YTD FII DII Sectoral gainers and losers SECTOR %CHANGE IN MARKETCAP ADV. DEC. Consumer Durables 2.22% 9 2 Retail & Real Estate 1.51% Miscellaneous 1.21% Chemicals 0.99% Telecommunication 0.99% Utilities 0.74% Engineering & Capital Goods 0.63% Food & Beverages 0.63% Media & Entertainment 0.63% Oil & Gas 0.59% 15 7 Pharmaceuticals 0.51% Information Technology 0.50% Banking & Financial Services 0.47% Cement & Construction 0.39% Services 0.35% Conglomerates 0.32% 16 8 Metals & Mining 0.29% Automotive 0.26% Manufacturing 0.26% Consumer Nondurables -0.17% Tobacco -0.62% 3 2 Stocks breakout on moving average STOCKS PRICE 30DMA SYMPHONY NCC HEXAWARE APOLLOHOSP NIIT

3 Intraday super star calls (Premium Section) BIOCON EQ showed bullish move in last trading session and closed near the resistance level. A breakout above it may trigger more buying in the stock. BUY ABOVE TARGETS /379/ SL DELTACORP EQ is trading on its long term buy trend and has given bullish close with increasing volume on daily charts thus expected to move higher if breaks the given level. BUY ABOVE 236 TARGETS /240.75/ SL

4 F&O Multibagger call (Premium Section) IRB FUTURE unable to sustain on higher levels and closed around its support expected to show more negative movements if sustain below it. SELL BELOW TARGETS / SL

5 Trifid Special call (Premium Section) BHARATFIN EQ is hovering around its all time high which can be seen in above charts. The stock is expected to give positive breakout and may mark new highs. BUY ABOVE TARGETS SL

6 Major Indices Movement Nifty Technicals Nifty traded with marginal gains on the second trading session of the week to close above the psychological mark of at The next key support and resistance for the market is at 9950 and Bank Nifty Technicals Nifty bank too traded in line with nifty and ended higher to close at The next key support and resistance for the banking index is at and Index 09-October October-17 Change in OI %Chg NIFTY SCRIPS IN F&O BAN FOR TRADE BEML, DHFL, IBREALEST, JPASSOCIAT, JSWENERGY, RCOM, RELCAPITAL.

7 Up s and Down s Stocks at 52 Week High Stocks New 52 W/H Previous High 63MOONS ADANITRANS APEX BHARATFIN BOMDYEING Stocks Approaching 52 Week High Stocks LTP 52W High HEXAWARE BAJFINANCE TATACHEM HINDALCO DABUR Stocks rising continuously 2-3 days Stocks LTP SUNTV SYNDIBANK BERGEPAINT JUBLIANT Stocks at 52 Week Low Stocks New 52 W/L Previous Low HMVL HONDAPOWER OPTIMUS SABTN TVVISION Stocks Approaching 52 Week Low Stocks LTP 52W Low CRISIL SANOFI AMARAJABAT ZENSARTECH BRFL Stocks falling continuously 2-3 days Stocks LTP CGPOWER TATAMTDVR VEDL ONGC Event Calendar(02 nd OCTOBER to 07 th OCTOBER 17) 02/10/17 (Mon) 03/10/17 (Tues) 04/10/17 (Wed) 05/10/17 (Thur) 06/10/17 (Fri) 07/10/17 (Sat) - - RBI :30 PM.

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