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 THURSDAY AUGUST 06 2015 Indian Market S&P CNX Nifty 8588.65 8567.95 0.24% SENSEX 28298.13 28223.08 0.27% Exchange Turnover (Rs. in Crore) MARKET CURRENT Previous NSE Cash 18153.61 20416.88 NSE F&O 156549.49 157965.73 Previous FII Positions(In Crore) ACTIVITIES Cash F&O NET BUY 447.90 1301.90 NET SELL - - Economic News Sectoral Indices BSE BANKEX 21864.04 21743.74 0.55% BSE IT 11173.11 11143.00 0.27% BSE CG 18482.31 18176.17 1.68% BSE OIL & GAS 9774.24 9799.53-0.26% BSE FMCG 8147.41 8240.46-1.13% BSE AUTO 19751.88 19641.08 0.56% BSE HC 17578.95 17380.39 1.14% BSE POWER 2094.95 2098.37-0.16% BSE METAL 8753.68 8802.19-0.55% Top Gainers LT 1830.75 1779.60 2.87% KOTAKBANK 706.80 691.90 2.15% PNB 161.95 159.00 1.86% TATAMOTORS 383.10 376.40 1.78% DRREDDY 4266.60 4191.80 1.78% Asia Pacific Markets Nikkei225 20664.44 20614.06 0.24% HangSeng 24375.28 24514.16-0.57% Straits Times 3196.66 3191.39 0.17% Shanghai 3661.54 3694.57-0.89% Kospi 2013.29 2029.76-0.81% Jakarta 4806.56 4850.53-0.91% Taiwan 8449.56 8542.27-1.09% KLSE Composite 1694.64 1725.56-1.79% All Ordinaries 5600.10 5659.50-1.05% Top Losers TECHM 533.90 550.60-3.03% ITC 326.25 331.80-1.67% COALINDIA 431.40 438.50-1.62% CAIRN 165.45 167.20-1.05% RELIANCE 978.95 987.75-0.89% Crude Oil closed at US$ 45.15 per barrel and Rupee closed at Rs. 63.7603 against each US$. Corporate News Larsen & Toubro Limited ( NSE : LT ) told that it shad sold 1.85 million shares representing 13.66% stake in Salzer at an average market price of Rs290.25 per share. Infosys Limited ( NSE : INFY ) is undertaking a complete revamp of its products business under Michael Reh. It s increasing investments to strengthen banking software Finacle s footprint in the US, spending more on marketing brands and building new sets of products and solutions. It aims to generate $2 billion of annual revenue from products and new services by 2020. Punjab National Bank ( NSE : PNB ) reduced term deposit rates by 10-100 bps from August 10. The bank has also reduced interest rate on fixed deposits on select maturities by up to 0.50%. Dr.Reddy s Laboratories Limited ( NSE : DRREDDY ) said it has entered into a strategic collaboration with Amgen to market and distribute Amgen medicines in India. www.shriraminsight.com *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 Bank of England kept its benchmark interest rate unchanged in August and announced no change to its asset purchase facility program, the BOE said it was holding the benchmark interest rate at 0.50%, in a widely expected move. The central bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at 375 billion. U.K. industrial production dropped 0.4% in June from May. Manufacturing output grew 0.2%, reversing a 0.6% drop in May. On a yearly basis, industrial production growth eased to 1.5% from 1.9%. At the same time, growth in manufacturing halved to 0.5% from 1%. U.S. trade deficit widened to $43.8 billion in June from a revised $40.9 billion in May. Imports surged up by 1.2% to $232.4 billion in June from $229.7 billion in May while exports edged down by 0.1% to $188.6 billion in June from $188.7 billion in May. U.S. seasonally adjusted final Markit Services Business Activity Index picked up from 54.8 in June and remained at 55.7 in July. The seasonally adjusted final Markit U.S. Composite PMI registered 55.7 in July. U.S. ISM non-manufacturing index jumped to 60.3 in July from 56.0 in June. New orders index surged up to 63.8 in July from 58.3 in June, while the business activity index climbed to 64.9 from 61.5. The employment index soared to 59.6 in July from 52.7 in June. The prices index also inched up to 53.7 in July from 53.0 in June. U.S. private sector employment climbed by 185,000 jobs in July following a downwardly revised increase of 229,000 jobs in June. Market Talk Airtel launches 4G & ties up with Samsung Bharti Airtel announced the commercial launch of its high-speed 4G services across 296 towns nationwide. Airtel has also entered into an exclusive alliance with mobile handset maker Samsung for 4G devices, a move that is expected to bring down the prices of 4G-enabled handsets. Airtel s move comes ahead of a proposed launch of 4G services later this year by Reliance Jio, the new telecom subsidiary of Mukesh Ambani-promoted Reliance Industries. Ambani earlier this year hinted at that JIo services could cost as little as Rs 300, along with 4G handsets that would be priced lower than Rs 4,000, a price range that could put pressure on other players such as Airtel and Vodafone. Result Announcement PROFIT AFTER TAX NET INTEREST INCOME COMPANY PERIOD CURR PREV CHANGE CURR PREV CHANGE Bajaj Electricals Limited Q1FY16(QOQ) 20.34 5.63 261.28% 1005.86 885.96 13.53%
Index Chart Indian market ended with marginal gains and maintained its momentum. Midcap and Smallcap took breather after persistent recent upswing. While Nifty closed at 8,588.65, up 20.70 points while as the Sensex gained 75.05 points, ending the day at 28298.13. NSE Nifty touched an intra-day high of 8,606.30 and low of 8,551.50 while BSE Sensex touched an intra-day high of 28359.96 and low of 28163.69. Top gainer was LT ( 2.87% ), KOTAKBANK ( 2.15% ), PNB ( 1.86% ), TATAMOTORS ( 1.78% ) and DRREDDY ( 1.78% ). Top losers were TECHM ( -3.03% ), ITC ( -1.67% ), COALINDIA ( -1.62% ), CAIRN ( -1.05% ) and RELIANCE ( -0.89% ). BSE Consumer Durables index was the top gainer up 1.91% followed by Capital Goods and Pharma, up 1.14-1.68%. However, BSE FMCG index was the top sectoral loser, down 1.13%. BSE Midcap Index was up 0.36% and BSE Smallcap Index moved 0.12% lower. Asian markets fell broadly while Europe also stepped lower. Nifty may find support at around 8558, 8527 and resistance at around 8613, 8637. INDEX LTP PTS. CHANGE CHANGE(%) SENSEX 28298.13 75.05 0.27% CNX NIFTY 8,588.65 20.70 0.24% CNX NIFTY JUNIOR 21,594.05 94.15 0.44% LIX 15 3,605.40 27.35 0.76% INDIA VIX 14.73 0.07 0.44% CNX 100 8,744.50 23.85 0.27% CNX 500 7,202.00 15.75 0.22% CNX MIDCAP 14,137.40-12.45-0.09% NIFTY MIDCAP 50 3,544.65 7.80 0.22% CNX SMALLCAP 5,927.90-5.25-0.09% CNX 200 4,524.35 10.00 0.22%
Bulk Deals DATE SCRIPS NAME BUYER/SELLER BUY/ AVERAGE QNTY. SELL RATE 5-Aug-15 ACE INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGY BUY 675000 51.15 5-Aug-15 BALAJITELE GEECEE INVESTMENTS LIMITED BUY 332000 87.54 5-Aug-15 MAXWELL JMP SECURITIES PVT LTD BUY 44000 78.53 5-Aug-15 ONELIFECAP JIGNESHBHAI HIRALAL SHAH BUY 81802 31 5-Aug-15 SHYAMCENT NARANTAK DEALCOMM LTD. BUY 2200000 7.1 5-Aug-15 SUBEX ADROIT FINANCIAL SERVICES PRIVATE LIMITED BUY 14001 16.1 5-Aug-15 SUMEETINDS SHPL ENTERPRISES PRIVATE LIMITED BUY 110000 11.23 5-Aug-15 ACE NEW DELHI CREDITS PVT LTD SELL 717552 51 5-Aug-15 GREENPLY ASHISH DHAWAN SELL 343536 960.26 5-Aug-15 PBAINFRA INDUSTRIAL DEVELOPMENT BANK OF INDIA SELL 77427 15.01 5-Aug-15 SHYAMCENT MITTU AGARWAL SELL 2200000 7.1 5-Aug-15 SUBEX DEUTSCHE BANK AG LONDON SELL 4600000 16.07 5-Aug-15 SUBEX INDUS PORTFOLIO (P) LTD SELL 16727 16.06 5-Aug-15 SUMEETINDS SJM INVESTMENTS DELHI P LTD SELL 547776 11 5-Aug-15 UNITECH ADROIT SHARE & STOCK BROKER PVT. LTD. SELL 108000 7.78 Forthcoming Event Board Meetings as on 07/08/2015 Bharat Heavy Electricals Limited Results Corporation Bank Results Cox & Kings Limited Results EIH Associated Hotels Limited Results Grasim Industries Limited Results Mahindra & Mahindra Limited Results Neyveli Lignite Corporation Limited Results Repco Home Finance Limited Results Rural Electrification Corporation Limited Results Sobha Limited Results Sunil Hitech Engineers Limited Results/Others Tata Motors Limited Results Corporate Actions as on 07/08/2015 HCL Technologies Limited Interim Dividend - Rs 5/- Per Share (Purpose Revised) IndusInd Bank Limited Dividend Rs.4/- Per Share Jay Bharat Maruti Limited Dividend - Rs 2/- Per Share LIC Housing Finance Limited Dividend - Rs 5/- Per Share Sterling Tools Limited Interim Dividend - Rs 5/- Per Share (Purpose Revised)
Derivatives Watch SYMBOL Expiry Prev. Change Change Open Prev. Open Change Change Date LTP LTP in Price Interest* Interest in OI * NIFTY 27-Aug-15 8613.9 8592.65 21.25 0.25% 689968 666100 23868 3.58% LT 27-Aug-15 1832 1784 48 2.69% 48197 46016 2181 4.74% SBIN 27-Aug-15 290.35 286.25 4.1 1.43% 53730 52880 850 1.61% HDFC 27-Aug-15 1313.3 1309.5 3.75 0.29% 36936 36445 491 1.35% INFY 27-Aug-15 1091.6 1089.45 2.1 0.19% 58693 58374 319 0.55% RELIANCE 27-Aug-15 984 991.7-7.7-0.78% 132245 130295 1950 1.50% ICICIBANK 27-Aug-15 312.6 312.85-0.25-0.08% 49486 49102 384 0.78% HDFCBANK 27-Aug-15 1103.5 1099.45 4 0.36% 119114 119858-744 -0.62% ASIANPAINT 27-Aug-15 914.65 925.7-11.05-1.19% 15615 15784-169 -1.07% * figures show no of contracts Nifty August series futures witnessed a fresh long position build up. Open Interest has been increased by 23868 contracts at the end of the day. Long position build up for the August series has been witnessed in LT, SBIN, HDFC, INFY. Short position build up for the August series has been witnessed in RELIANCE, ICICIBANK. Unwinding of position for the August series has been witnessed in HDFCBANK, ASIANPAINT. 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