s Phone : +91 33 2359 4612 +91 33 2359 4614 +91 33 2358 1953 E-mail : research@shriraminsight.com Shriram Market Analysis and Research Team For Private Circulation Only mart TUESDAY 06, 2015 Indian Market S&P CNX Nifty 8127.35 8378.40-3.00% SENSEX 26987.46 27842.32-3.07% Exchange Turnover (Rs. in Crore) MARKET CURRENT Previous NSE Cash 17107.09 13676.46 NSE F&O 291940.4 153785.65 Previous FII Positions(In Crore) ACTIVITIES Cash F&O NET BUY 472.00 - NET SELL - 571.10 Economic News Sectoral Indices BSE BANKEX 21115.85 21775.12-3.03% BSE IT 10344.00 10612.39-2.53% BSE CG 15361.22 15875.58-3.24% BSE OIL & GAS 9498.37 9911.98-4.17% BSE FMCG 7681.65 7794.09-1.44% BSE AUTO 18545.93 19050.97-2.65% BSE HC 14290.86 14682.46-2.67% BSE POWER 2046.17 2112.26-3.13% BSE METAL 10535.79 10917.12-3.49% Top Gainers HINDUNILVR 772.00 760.30 1.54% COALINDIA 380.50 380.00 0.13% Asia Pacific Markets Nikkei225 16883.19 17408.71-3.02% HangSeng 23485.41 23721.32-0.99% Straits Times 3283.09 3328.28-1.36% Shanghai 3351.45 3350.52 0.03% Kospi 1882.45 1915.75-1.74% Jakarta 5169.06 5220.00-0.98% Taiwan 9048.34 9274.11-2.43% KLSE Composite 1716.58 1736.62-1.15% Top Losers JINDALSTEL 151.40 162.85-7.03% ONGC 331.75 353.15-6.06% SSLT 208.10 219.80-5.32% TATASTEEL 395.40 416.70-5.11% HDFC 1098.00 1156.40-5.05% Crude Oil traded at US$ 48.87 per barrel and Rupee closed at Rs. 63.3850 against each US$. Corporate News Videocon Industries Ltd (NSE : VIDEOIND) : The Videocon Industries D2H unit has started the year with a bang, with Nasdaq-listed Silver Eagle Acquisition Corp (SEAC) deciding to invest $300 million (Rs 1,900 crore) in it for a minority stake, valuing it at a whopping $1.2 billion. Max India Ltd (NSE : MAX) : The UK s Bupa Insurance would raise stake in its Indian health insurance joint venture, Max Bupa, to 49 % from the current 26 %. Max Bupa, a standalone private health insurer, is a joint venture between Max India (with 74 per cent stake) and UK-based global health care group Bupa (26 per cent). NMDC Ltd (NSE : NMDC) : Public sector iron ore company NMDC Limited achieved a growth of 11.56 per cent and 8.20 per cent in production and sales of iron ore respectively in the nine-month period ending December 2014. Eveready Inds Ltd (NSE : EVEREADY) : Eveready Industries has increased price of dry cell batteries by 2 percent after government rolled back the excise duty concession from January 1, 2015. Godrej Consumer Products Ltd (NSE : GODREJCP) : FMCG major Godrej Consumer Products Ltd acquired South Africa s hair extensions firm Frika Hair (Pty) Ltd for an undisclosed sum in order to consolidate its position in the South African market. EROS International Media Ltd (NSE : EROSMEDIA) : The company announced its foray into the Malayalam market with director Jeethu Joseph s Life of Josutty. Apollo Hospitals Enterprises Ltd (NSE : APOLLOHOSP) : Healthcare major Apollo Hospitals Enterprise today announced its acquisition of Nova Speciality Hospitals in an upto Rs 145 crore deal as it aims to create business of Rs 500 crore in five years from short stay/day surgery centres. *Through Insight Commodities & Futures Pvt. Ltd. EQUITIES DERIVATIVES COMMODITIES* DP SERVICES MUTUAL FUNDS RESEARCH SHRIRAM INSIGHT SHARE BROKERS LTD. CK-5, Sector-II, Saltlake City, Kolkata - 700 091 Tel : 2359 4612, 2359 4614, 2359 4877 Fax : (033) 2321-8429 E-mail : research@shriraminsight.com
Global News Euro zone service sector activity fell in the last quarter to 51.6 from 51.9 in the preceding quarter. German service sector activity rose unexpectedly last month to 52.1 from 51.40 in the preceding month. French service sector activity rose unexpectedly last month to a seasonally adjusted 50.6 from 49.8 in the preceding month. French consumer confidence rose more-than-expected last month to 90 from 88 in the preceding month whose figure was revised up from 87. China s services sector grew at its fastest pace in three months in December as new orders remained strong. The HSBC/Markit Services Purchasing Managers Index(PMI) picked up to 53.4 last month from November s 53. U.S. total vehicle sales rose to a seasonally adjusted 16.92M from 17.20M in the preceding month. Market Talk Power Supply to be disrupted as Coal strike begins Trade unions today began a five-day coal industry strike, terming it as the biggest industrial action for any sector since 1977. The unions have gone on strike to protest against disinvestment and restructuring of state-run Coal India and to press for their ther demands including the rollback of what they call as process of denationalising of coal sector. While All India Coal Workers Federation leader Jibon Roy said in a statement that about seven lakh workers are joining the strike, the government has also called a meeting today with representatives of major trade unions - BMS, INTUC, AITUC, CITU and HMS to sort out the issue. The strike can affect coal production of up to 1.5 million tonnes a day and may also hit supplies to power plants which are already grappling with fuel shortages.
Index Chart Indian bourses witnessed big sell - off on the back of weak global cues. Across the sector selling pushed Sensex below 27K mark. In percentage term, Nifty fell above 3%, which is biggest since Sep 2013. While Nifty closed at 8,127.35 down 251.05 points while as the Sensex lost 854.86 points, ending the day at 26,987.46. NSE Nifty touched an intra-day high of 8,327.85 and low of 8,111.35 while BSE Sensex touched an intra-day high of 27,698.93 and low of 26,937.06. Top gainers were HINDUNILVR ( 1.54% ) and COALINDIA ( 0.13% ). Top losers were JINDALSTEL ( -7.03% ), ONGC ( -6.06% ), SSLT ( -5.32% ), TATASTEEL ( -5.11% ), HDFC ( -5.05% ). BSE All sectoral indices are sharply lower 1.44% -4.17% BSE Midcap Index was down 2.95% and BSE Smallcap Index moved 2.95% lower. Asian markets ends sharply lower on global cues of low oil prices while Europe also traded lower. Nifty may find support at around 8050, 7973 and resistance at around 8267, 8406. INDEX LTP PTS. CHANGE CHANGE(%) SENSEX 26987.46-854.86-3.07% CNX NIFTY 8,127.35-251.05-3.00% CNX NIFTY JUNIOR 18,312.35-539.75-2.86% LIX 15 3,714.90-135.35-3.52% INDIA VIX 17.42 3.27 23.09% CNX 100 8,133.90-249.45-2.98% CNX 500 6,656.80-200.65-2.93% CNX MIDCAP 12,325.70-385.00-3.03% NIFTY MIDCAP 50 3,269.70-135.30-3.97% CNX SMALLCAP 5,167.15-190.15-3.55% CNX 200 4,205.65-128.25-2.96%
Bulk Deals DATE SCRIPS NAME BUYER/SELLER 5-Jan-15 BAFNAPHARM SUBRAMANIAN SHANMUHAM BUY 100000 33.5 5-Jan-15 DRDATSONS DHAVAL JAYANT PAREKH BUY 592023 9.75 5-Jan-15 DRDATSONS MANAV N PATEL BUY 1009727 9.79 5-Jan-15 KILITCH VERMA ARUN BUY 86261 49.07 5-Jan-15 LUMAXAUTO AJAY ASSET MANAGEMENT PRIVATE LIMITED BUY 37311 64.07 5-Jan-15 DRDATSONS AUCTOR INVESTMENTS LIMITED SELL 545094 9.71 5-Jan-15 DRDATSONS DHAVAL JAYANT PAREKH SELL 592023 9.81 5-Jan-15 DRDATSONS HESHIKA GROWTH FUND SELL 624857 9.74 5-Jan-15 DRDATSONS MANAV N PATEL SELL 1009727 9.85 5-Jan-15 ELDERPHARM MONET SECURITIES PRIVATE LTD SELL 151000 161.58 5-Jan-15 GAYAPROJ BLACKROCK SECURITIES PRIVATE LIMITED SELL 163568 165 5-Jan-15 KILITCH VERMA ARUN SELL 46758 50.1 5-Jan-15 LUMAXAUTO AJAY ASSET MANAGEMENT PRIVATE LIMITED SELL 41124 63.66 Forthcoming Event Board Meetings as on 08/01/2015 8K Miles Software Services Limited Results KSS Limited Bonus/Sub-division GM Breweries Limited Results BUY/ SELL QNTY. AVERAGE RATE Corporate Actions as on 08/01/2015 Berger Paints (I) Limited Face Value Split (Sub-Division) - From Rs 2/- To Re 1/- Per Share Electrosteel Steels Limited E-Voting Pondy Oxides & Chemicals Ltd Demerger / Capital Reduction
Derivatives Watch SYMBOL Expiry Prev. Change (%) Open Prev. Open Change (%) Date LTP LTP in change Interest* Interest in* change NIFTY 29-Jan-15 8150.3 8422.85-272.55-3.24% 851559 827940 23619.2 2.85% BANKNIFTY 29-Jan-15 18482.1 19150.15-668.1-3.49% 93616 80554 13062 16.22% HINDUNILVR 29-Jan-15 774.5 764.7 9.8 1.28% 10886 10494 392 3.74% TATASTEEL 29-Jan-15 397 418.75-21.75-5.19% 44678 41928 2750 6.56% JINDALSTEL 29-Jan-15 151.65 163.65-12 -7.33% 24870 22463 2407 10.72% RELIANCE 29-Jan-15 836 882.9-46.9-5.31% 137224 135198 2026 1.50% HDFCBANK 29-Jan-15 946.5 966.35-19.85-2.05% 161539 159641 1898 1.19% SBIN 29-Jan-15 301.1 315-13.9-4.41% 46025 44575 1450 3.25% INFY 29-Jan-15 1970.05 2004.5-34.45-1.72% 34676 33239 1437 4.32% RELCAPITAL 29-Jan-15 476.2 507.1-30.9-6.09% 26082 24695 1387 5.62% AXISBANK 29-Jan-15 498.1 519.05-20.95-4.04% 45209 43847 1362 3.11% TATAMOTORS 29-Jan-15 503.7 526.05-22.35-4.25% 38263 37042 1221 3.30% SAIL 29-Jan-15 76.5 81.7-5.2-6.36% 10857 9654 1203 12.46% SUNPHARMA 29-Jan-15 814.95 830.4-15.45-1.86% 49154 48006 1148 2.39% SSLT 29-Jan-15 208.75 220.65-11.9-5.39% 25421 24533 888 3.62% RELINFRA 29-Jan-15 492 517.55-25.55-4.94% 14424 13594 830 6.11% ITC 29-Jan-15 361.85 371.7-9.85-2.65% 30686 31295-609 -1.95% BHARTIARTL 29-Jan-15 355.7 358.5-2.8-0.78% 27179 27801-622 -2.24% LT 29-Jan-15 1503 1565.9-62.9-4.02% 37046 37686-640 -1.70% KOTAKBANK 29-Jan-15 1257.5 1275.2-17.7-1.39% 16669 17314-645 -3.73% IDFC 29-Jan-15 1257.5 162.05-5.25-3.24% 22995 23760-765 -3.22% BHEL 29-Jan-15 259.4 271.8-12.4-4.56% 29308 30074-766 -2.55% TCS 29-Jan-15 2462.05 2548.9-86.85-3.41% 30372 31145-773 -2.48% ONGC 29-Jan-15 333.35 356.1-22.75-6.39% 58885 60202-1317 -2.19% MARUTI 29-Jan-15 3404 3475.6-71.6-2.06% 20450 21820-1370 -6.28% * figures show no of contracts Nifty January series futures witnessed a fresh short position build up. Open Interest has been increased by 23619.2 contracts at the end of the day. Long position build up for the January series has been witnessed in HINDUNILVR. Short position build up for the January series has been witnessed in BANKNIFTY, TATASTEEL, JINDALSTEL, RELIANCE, HDFCBANK, SBIN, INFY, RELCAPITAL, AXISBANK, TATAMOTORS, SAIL, SUNPHARMA, SSLT, RELINFRA. Unwinding of position for the January series has been witnessed in ITC, BHARTIARTL, LT, KOTAKBANK, IDFC, BHEL, TCS, ONGC, MARUTI. D I S C L A I M E R This document has been prepared by Shriram Insight Share Brokers Ltd. and is meant for sole use by the recipient and not for circulation. This document is not to be reported or copied or made available to others. The information contained herein is from sources believed reliable It should not be considered to be taken as an offer to sell or a solicitation to buy any security or as an official confirmation of any transaction. We do not represent that it is accurate or complete and it should not be relied upon as such. This document is prepared for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The investments discussed or recommended in this report may not be suitable for all investors. Shriram Insight Share Brokers Ltd stock Recommendation Service is a general recommendation service and is not to be construed as an individual investor specific Portfolio Management and Advisory Service. The user assumes the entire risk of any use made of this information. Each recipient of this document should arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult its own advisors to determine the merits and risks of such an investment. Shriram Insight Share Brokers Ltd shall not be responsible for any loss or liability incurred to the user as a consequence of his or any other person on his behalf taking any investment decisions based on the information, recommendations, research reports, analysis, quotes, etc. provided on the web site Shriram Insight Share Brokers Ltd and its affliated company (ies), their directors and employees may; (a) from time to time, having a long or short position in, and buy or sell the securities of the company (ies) recommended. (b) be engaged in any other transaction involving such securities and act as a market maker in the securities of the company (ies) or lender / borrower to such company (ies) or may have any other potential conflict of interests with respect to any recommendation and other related information and opinions. Shriram Insight Share Brokers Ltd shall also not be liable for errors, omissions or typographical errors, disruption delay, interruption, failure, deletion or defect of/in the Service provided by it. All Users of the Service in countries other than India understand that by using the Service, they may be violating the local laws in such countries. If the User chooses