Nifty Continues Selling Pressure For The 6 th Straight Day, On Weak Global Cues Thursday, March 08, 2018 Indian Market Outlook: Indian benchmark index Nifty continued selling pressure for the 6th straight day, on weak global cues. The index fell 429 points or 4.05% in six trading sessions from its close of 10583 on 26 February 2018. Banking stocks remained under pressure after fresh developments in the PSU bank fraud case. Yesterday, Nifty opened at 10233 and closed at 10154 after making a low of 10142. Major players of the market FII & PRO have a net sell position for 306225 contracts till 7th March 2018 and for current expiry, FII & PRO have sell position of 179653 contracts which suggests further weakness in the market. Small cap index also remained under pressure and traded weak throughout the day to close at 7954 after making low of 7934. The index posted a loss of 181 points or 2.22% from its previous close. Nifty Future is opening gap-up by 42 points against last day s close 10171 as indicated by SGX Nifty which is currently trading at 10221. Instrument LTP US 10 Year T-Note Futures 120.06 S&P 500 Futures 2725.00 US Dollar Index Futures 89.60 The US 10 Year T-Note is trading at 120.06. The Bond has broken its important low of 120.03 on 28th Feb 2018. The next support level is at 117.69 which is the low of Jan 2011. The US Dollar Index is trading at 89.60.
Sector Performance as on 7 th Mar Almost all the sectors were down last day Major Sector % Movement TEXTILES AND APPAREL -2.80% POWER -2.64% CEMENT & CEMENT PRODUCTS -2.48% FINANCIAL SERVICES -2.41% FERTILISERS -2.31% INFRASTRUCTURE CONSTRUCTION AND ENGINEERING -2.29% CHEMICALS -2.29% BANKS-PRIVATE AND PSU -2.28% ENERGY-OIL & GAS -2.04% PHARMA -2.02% AUTOMOBILES & AUTO PARTS -1.99% FMCG-FOOD -1.86% INDUSTRIAL MANUFACTURING -1.79% REALTY -1.64% METALS AND MINING -1.41% FMCG -1.04% IT -1.03% Minor Sector % Movement SUGAR -4.77% DEFENCE -3.96% TELECOM -3.71% SERVICES -3.12% CARBON -3.06% PACKAGING -3.05% PAPER -2.96% ELECTRICAL EQUIPMENT -2.86% HOTELS AND LEISURE -2.57% TRANSPORTATION LOGISTICS -2.29% GOLD & JEWELLERY -2.04% HEALTHCARE SERVICES -1.98% FILMS -1.94% AIRLINES -1.49% CONSUMER GOODS -1.46% MEDIA-TV AND NEWSPAPER -1.26% INTERIOR CONSTRUCTION -1.08% BEVERAGES -1.05% HOME APPLIANCES -0.51%
Small Cap gainers from low as on 7 th Mar Share Name Sector LTP % Movement from Low AUTOMOBILES & MINDA INDUSTRIES AUTO PARTS 1142 11.39% MASTEK IT 501 9.02% ADITYA BIRLA MONEY FINANCIAL SERVICES 65 6.89% FDC PHARMA 305 6.14% CEREBRA INTEGRATED TECHNOLOGIES IT 55 6.09% Small Cap loser from high as on 7 th Mar Share Name Sector LTP % Movement from high ADITYA BIRLA MONEY FINANCIAL SERVICES 65-13.76% TEAMLEASE SERVICES SERVICES 2150-10.10% EIH ASSOCIATED HOTELS HOTELS AND LEISURE 522-9.98% VA TECH WABAG SERVICES 474-8.71% ARVIND SMARTSPACES LIMITED REALTY 159-8.71% Large Cap Stocks gainers from low as on 7 th Mar Share Name Sector LTP % Movement from Low VAKRANGEE IT 178 8.92% IDEA CELLULAR TELECOM 80 3.17% NMDC METALS AND MINING 124 3.17% BANK OF BARODA BANKS-PRIVATE AND PSU 133 3.15% UNITED SPIRITS BEVERAGES 3070 3.12% Large Cap Stocks losers from high as on 7 th Mar Share Name Sector LTP % Movement from high ADANI PORTS AND SPECIAL ECONOMIC ZONE TRANSPORTATION LOGISTICS 377-5.51% LIC HOUSING FINANCE FINANCIAL SERVICES 491-4.65% SUN TV NETWORK MEDIA-TV AND NEWSPAPER 891-4.24% BHARAT HEAVY ELECTRICALS INDUSTRIAL MANUFACTURING 85-4.20% NHPC POWER 27-3.80%
Mid Cap Stocks gainers from low as on 7 th Mar Share Name Sector LTP % Movement from low CENTRAL BANK OF INDIA BANKS-PRIVATE AND PSU 66 5.67% ADANI TRANSMISSIONS POWER 181 4.09% NATIONAL ALUMINIUM COMPANY METALS AND MINING 63 3.62% NATCO PHARMA PHARMA 723 3.58% MAHINDRA CIE AUTOMOTIVE AUTOMOBILES & AUTO PARTS 228 3.52% Mid Cap Stocks losers from high as on 7 th Mar Share Name Sector LTP % Movement from high KIOCL METALS AND MINING 246-7.91% ADANI ENTERPRISES SERVICES 172-7.14% ADANI TRANSMISSIONS POWER 181-6.96% CANARA BANK BANKS-PRIVATE AND PSU 249-6.57% KRBL FMCG-FOOD 490-6.46%
NIFTY OUTLOOK & OPEN INTEREST IN INDEX OPTION In the current Expiry, FII and PRO in combined have sold 179653 contracts in Index Options. Date Cash Market Data FII PRO FII+PRO CLI DII Net OI Index Options (FII) Net OI Index Options (PRO) Combined Position Net OI Index Options (CLI) Net OI Index Options (DII) Average(ADM) 1 Year 22000 30000 43000 43000 271 72 240 Expiry Position -39619-140034 -179653 188338-8685 -229-821 10 Day' Net Position (A-B) 100488-46423 54065-60944 6879-243 -803 7-Mar-18(A) -109498-196727 -306225 320000-13774 10154 24134 6-Mar-18-88910 -178253-267163 279405-12241 10249 24448 5-Mar-18-69100 -140093-209193 220735-11541 10359 24819 1-Mar-18-58828 -121865-180693 191786-11091 10458 24903 28-Feb-18-66207 -93968-160175 168666-8491 10493 25107 27-Feb-18-68357 -65588-133945 141786-7841 10554 25384 26-Feb-18-63781 -16511-80292 86034-5741 10583 25688 23-Feb-18-56901 -35228-92129 96539-4409 10491 25303 22-Feb-18-69879 -56693-126572 131662-5089 10383 24955 21-Feb-18(B) -209986-150304 -360290 380944-20653 10397 24937 Nifty Close Bank Nifty Close DATES FII DII FII+DII 7-Mar-18-719.78 409.34-310.44 6-Mar-18 620.08-734.33-114.25 5-Mar-18-366.60-154.20-520.80 1-Mar-18 241.85-3.29 238.56 28-Feb-18-1750.52 1596.89-153.63 27-Feb-18-906.86 1046.67 139.81 26-Feb-18-1119.51 1409.45 289.94 23-Feb-18-486.32 1514.03 1027.71 22-Feb-18-2335.34 1059.42-1275.92 21-Feb-18-1214.18 1375.48 161.30 In last 10 days FII and Pro in combined have sold stocks in cash segment worth Rs. 517.72 Crore.
Disclaimer The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision. Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022 Disclosure Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX & NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their observations have issued advise letters or levied minor penalty on for certain operational deviations. Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research Analyst/ his Relative: Do not have any financial interest / any actual/beneficial ownership in the subject company. Do not have any other material conflict of interest at the time of publication of the research report Have not received any compensation from the subject company in the past twelve months Have not managed or co-managed public offering of securities for the subject company. Have not received any compensation for brokerage services or any products / services or any compensation or other benefits from the subject company, nor engaged in market making activity for the subject company Have not served as an officer, director or employee of the subject company Report Prepared By: Vikash Kandoi - NISM-201500086430