Indian Market Outlook: Tuesday, June 27, 2017 FII's Have Built Short Positions, Might Drag Market Further Down On Tuesday 27 th June,the Indian Benchmark Index Nifty fell 142 points from day s high. Nifty opened at 9594, made a high of 9615 and closed at 9511 after making a low of 9473. Ahead of GST implementation, investors remained cautious and booked profits in Cash market. The Small Cap Index corrected 350 points in last three trading sessions and closed at 7191 after making a low of 7154. The Banking shares gave correction last day, as the Reserve Bank of India asked banks to make higher provisioning on 12 large loan accounts. Bank Nifty fell allmost 730 points in two trading sessions and closed at 23216 after making a low of 23056. Nifty to open gap down by 25 points at 9489 against yesterdays close of 9514.15 as per SGX Nifty. CASH SEGMENT FII AND DII ACTIVITY DATES FII DII FII+DII 27-Jun-17 292.11-148.54 143.57 23-Jun-17 269.95-45.78 224.17 22-Jun-17 192.68 455.21 647.89 21-Jun-17-152.82-41.39-194.21 20-Jun-17-312.84 477.13 164.29 19-Jun-17-250.39 529.90 279.51 16-Jun-17-764.48 890.91 126.43 15-Jun-17-645.35 854.85 209.50 14-Jun-17-161.13 71.65 89.48 13-Jun-17-312.40 304.58-7.82 12-Jun-17-169.25-63.11-232.36 9-Jun-17-100.99 324.7 223.71 8-Jun-17 90.78 738.78 829.56 7-Jun-17 73.79 166.22 240.01 6-Jun-17 61.16-360.01-298.85 5-Jun-17 476.64 13.62 490.26 2-Jun-17-59.13 222.29 163.16 1-Jun-17-517.31 171.65-345.66 31-May-17 1048.93-939.54 109.49 30-May-17-217.10 366.97 149.87 29-May-17-709.97 290.53-419.44 26-May-17-274.14 1008.56 734.42 25-May-17 589.11-236.44 352.67 On 27 th Jun 2017, FII bought Rs.292.11 Crore in cash segment. DII sold Rs.148.54 Crore. In combined FII and DII have a net buy figure of Rs.143.57 Crore.
OPEN INTEREST IN INDEX FUTURES In last 10 days FII and Pro have combined Buy position of 24949 contracts in Index Future. It is expected that Future data does not have major significance in identifying market direction. Thus we recommend to check Option combined data. FII PRO CLIENT DII Nifty Bank Nifty Date Futures Futures Futures Futures Close Close Last 1 Year Average 3577 4177 5372 2201 72 240 Expiry Position 25150 26312-47236 -4226 1 25 10 Day' Net Position (A-B) 12574 12375-19358 -5591-96 -262 27-Jun-17(A) 177851-14075 -154674-9102 9511 23216 23-Jun-17 171485-7453 -154915-9117 9575 23543 22-Jun-17 160313-12859 -142688-4766 9630 23736 21-Jun-17 159829-10415 -144785-4629 9634 23709 20-Jun-17 161499-11361 -145222-4916 9654 23698 19-Jun-17 157141-10225 -143040-3876 9658 23742 16-Jun-17 154938-15977 -136277-2684 9588 23503 15-Jun-17 158592-18933 -136807-2852 9578 23392 14-Jun-17 167043-22843 -141042-3158 9618 23499 13-Jun-17(B) 165277-26450 -135316-3511 9607 23478 12-Jun-17 169885-30426 -135896-3563 9616 23470 9-Jun-17 187980-36661 -147080-4239 9668 23691 8-Jun-17 202135-43310 -154885-3940 9647 23536 7-Jun-17 198465-39455 -154805-4205 9664 23568 6-Jun-17 199927-46316 -149407-4204 9637 23416 5-Jun-17 202601-52836 -145391-4374 9675 23460 2-Jun-17 200252-51754 -144074-4424 9654 23376 1-Jun-17 203083-50281 -148347-4455 9616 23310 31-May-17 197914-47019 -146289-4606 9621 23425 30-May-17 182089-43548 -134106-4435 9625 23307 29-May-17 181396-48620 -128036-4740 9605 23183 26-May-17 163794-47134 -111890-4770 9595 23362 25-May-17 152701-40387 -107438-4876 9510 23191
OPEN INTEREST IN INDEX OPTIONS In last 10 days FII and Pro has created net sell position in Index Option for 2,78,758 contracts and Nifty has fell by 96 points in last 10days. Highlighted cells are day s in which more than average positions has been made. Date FII PRO FII+PRO CLI DII Options (FII) Options (PRO) Combined Position Options (CLI) Options (DII) Nifty Close Bank Nifty Close Average(ADM) 19000 26000 22500 46000 271 72 240 Expiry Position -160866-171653 -332519 360863-28344 1 25 10 Day' Net Position (A-B) -139076-139682 -278758 288886-10128 -96-262 27-Jun-17(A) -347190-66859 -414049 313063 100987 9511 23216 23-Jun-17-297007 -1328-298335 198771 99565 9575 23543 22-Jun-17-255804 81422-174382 72885 101498 9630 23736 21-Jun-17-265363 82681-182682 79185 103498 9634 23709 20-Jun-17-240803 82172-158631 54934 103698 9654 23698 19-Jun-17-234773 81997-152776 50411 102366 9658 23742 16-Jun-17-264764 57007-207757 105144 102614 9588 23503 15-Jun-17-237334 58008-179326 76663 102664 9578 23392 14-Jun-17-214248 87826-126422 22577 103846 9618 23499 13-Jun-17(B) -208114 72823-135291 24177 111115 9607 23478 12-Jun-17-207065 90016-117049 -593 117643 9616 23470 9-Jun-17-173680 137253-36427 -83805 120233 9668 23691 8-Jun-17-167761 134113-33648 -89638 123287 9647 23536 7-Jun-17-154964 142684-12280 -110656 122937 9664 23568 6-Jun-17-155818 136433-19385 -104078 123464 9637 23416 5-Jun-17-145385 169058 23673-147382 123709 9675 23460 2-Jun-17-163821 144904-18917 -104790 123709 9654 23376 1-Jun-17-170513 135694-34819 -88888 123709 9616 23310 31-May-17-168953 149727-19226 -104482 123709 9621 23425 30-May-17-144248 118896-25352 -98362 123715 9625 23307 29-May-17-142079 107741-34338 -94042 128381 9605 23183 26-May-17-149858 132299-17559 -111771 129331 9595 23362 25-May-17-186324 104794-81530 -47800 129331 9510 23191
America Europe Asia INTERNATIONAL MARKET UPDATE Index Country LTP Developed Markets 1Day % Change S&P 500 Futures US 2416.75-0.17% Dow Jones Industrial Average US 21310.66-0.46% DAX Futures Germany 12583.20-0.10% Euro Stoxx 50 Futures Eurozone 3510.00-1.29% CAC 40 Futures Paris 5226.50-1.22% FTSE 100 Futures London 7344.50 0.03% Nikkei 225 Futures Japan 20130.00-0.10% S&P/ASX 200 Futures Australia 5666.50 0.48% Emerging Markets America ibovespa Futures Brazil 62332.00-1.16% Hang Seng Futures China 25478.00-0.72% SET Index Thailand 1586.45 0.05% KOSPI 200 Korea 310.99-0.39% MSCI Emerging Markets Singapore 1016.68-0.24% INTERNATIONAL MARKET MORNING UPDATE International markets witnessed sell off after International Monetary Fund lowered its outlook for U.S. economic growth.the IMF lowered its forecast for GDP growth this year to 2.1 percent from 2.3 percent. S&P500 yesterday fell almost 20 points in a single day from 2437 to 2417 and is currently trading at 2412. German Index Dax yesterday closed at 12577, recently the Index made a high of 12951. MSCI EMERGING MARKETS Index is trading at 1009, recently the Index made a high of 1023.
FUNDAMENTALLY GOOD STOCKS AT CORRECTION Full name SECTOR LTP 24-May-17 Recent_High Correction GOA CARBON METALS AND MINING 247 90% 269 8% RANE HOLDINGS AUTO & TYRES & ANCL 1696 61% 1950 13% SHARDA MOTOR INDUSTRIES AUTO & TYRES & ANCL 2751 60% 3008 9% PHILLIPS CARBON BLACK CHEMICALS 591 56% 663 11% VISAKA INDUSTRIES CEMENTS 510 44% 570 10% SIMPLEX INFRASTRUCTURES INFRA-CONSTRUCTION 506 26% 590 14% ENGINEERING AND MATERIALS GANESHA ECOSPHERE TEXTILES AND APPAREL 363 26% 370 2% IIFL HOLDINGS FINANCIAL SERVICES 587 25% 630 7% GABRIEL INDIA AUTO & TYRES & ANCL 153 23% 165 7% JAIN IRRIGATION SYSTEMS MACHINERY EQUIPMENT 106 23% 111 5% INDIAN HUME PIPE COMPANY INFRA-CONSTRUCTION 501 23% 547 8% ENGINEERING AND MATERIALS TATA ELXSI IT 1610 21% 1664 3% MUNJAL AUTO INDUSTRIES AUTO & TYRES & ANCL 128 20% 140 9% TIME TECHNOPLAST PACKAGING 153 19% 177 14% INDIAN METALS & FERRO ALLOY METALS AND MINING 474 18% 475 0% SHIPPING CORPORATION OF INDIA TRANSPORTATION LOGISTICS 80 18% 92 12% SIYARAM SILK MILLS TEXTILES AND APPAREL 2070 17% 2375 13% SUNDRAM FASTENERS AUTO & TYRES & ANCL 442 17% 469 6% NIIT TECHNOLOGIES IT 564 17% 595 5% KPR MILL TEXTILES AND APPAREL 838 16% 884 5% MUTHOOT FINANCE GOLD & JEWELLERY 447 16% 482 7% JAMNA AUTO INDUSTRIES AUTO & TYRES & ANCL 257 15% 281 9% LAKSHMI MACHINE WORKS MACHINERY EQUIPMENT 4941 13% 5378 8% REPCO HOME FINANCE FINANCIAL SERVICES 843 13% 924 9% TALWALKARS BETTER VALUE MACHINERY EQUIPMENT 293 13% 320 8% FITNESS West Coast Paper Mills Limited PAPER 194 13% 211 8% UFLEX PACKAGING 383 13% 405 5% AARTI INDUSTRIES CHEMICALS 923 12% 1040 11% LIC HOUSING FINANCE FINANCIAL SERVICES 754 12% 794 5% GIC HOUSING FINANCE FINANCIAL SERVICES 568 12% 623 9% COROMANDEL INTERNATIONAL FERTILISERS 425 12% 445 4% NAVNEET EDUCATION PAPER 177 11% 194 8% TATA METALIKS METALS AND MINING 702 11% 759 7% HIMATSINGKA SEIDE TEXTILES AND APPAREL 353 11% 384 8% RELIANCE INDUSTRIES ENERGY-OIL & GAS 1436 11% 1445 1% LG BALAKRISHNAN & BROS AUTO & TYRES & ANCL 771 11% 815 5%
Sector Performance from 24 th May On 24 th May Small Cap made low of 6904 and is currently trading at 7190. Thus Sector Performance from 24 th May Low becomes very important. Major Sector Performance Major Sector 24-May-17 Yesterday's Movt FINANCIAL SERVICES 10.74% -1.48% AUTO & TYRES & ANCL 10.18% -1.82% CEMENTS 8.25% -2.52% TEXTILES AND APPAREL 7.67% -1.89% MACHINERY EQUIPMENT 7.46% -1.18% METALS AND MINING 7.33% -1.08% TRANSPORTATION LOGISTICS 7.26% -1.55% INFRA-CONSTRUCTION ENGINEERING AND MATERIALS 7.20% -1.78% REALTY-HOUSEHOLD 6.52% -1.21% FMCG AND BEVERAGES 6.01% -0.81% CHEMICALS 5.92% -1.34% REALTY 5.68% -1.63% FMCG-FOOD 4.85% -1.17% IT 3.83% -0.94% AUTOMOBILES 3.62% -1.17% INFRA-POWER 2.97% -0.64% PHARMA 1.16% -0.58% BANKS-PRIVATE AND PSU 1.09% -2.19% ENERGY-OIL & GAS -2.33% -0.74% Minor Sector Performance Minor Sector 24-May-17 Yesterday's Movt AIRLINES 29.82% -2.67% FILMS 10.33% -2.49% GOLD & JEWELLERY 9.61% -1.55% DEFENCE 9.22% -2.24% HOTELS AND LEISURE 8.53% -1.63% PACKAGING 5.24% -0.64% FERTILISERS 3.91% -1.70% ETF 3.79% -0.83% FOOTWEAR 3.44% -1.25% TELECOM 2.12% -0.77% PAPER 0.70% -1.57% MEDIA-TV AND NEWSPAPER -0.26% -0.75% SUGAR -4.50% -2.75%
Major Index Performance Benchmarks Last % Change Prev. High Prev. Low Nifty 50 9511-0.66% 9615 9473 Nifty 50 Futures 9528-0.67% 9657 9502 Bank NIFTY Futures 23230-1.43% 23611 23062 NIFTY Free Float Smallcap 100 7191-1.38% 7353 7154 India Vix 12.51 8.22% 12.87 10.93 USD/INR 64.511 0.13% 64.543 64.405 Major Indices Last % Change Prev. High Prev. Low Nifty Pharma 9468-0.11% 9576 9400 Nifty FMCG 26188 0.09% 26491 26118 Nifty IT 10069-1.00% 10203 10045 Nifty Energy 11778 0.08% 11807 11646 Nifty Private Bank 12943-1.15% 13152 12854 Nifty Infrastructure 3184-0.46% 3213 3174 Nifty Metal 2885-0.26% 2907 2862 Nifty Financial Services 9539-1.09% 9676 9470 Nifty PSE 3747-0.46% 3770 3693 Nifty Media 2957-2.69% 3044 2936 Nifty Realty 260-1.29% 266 258 Nifty Auto 10576-0.58% 10680 10502 Nifty PSU Bank 3328-3.38% 3447 3297 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