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 WEDNESDAY JULY 08 2015 Indian Market S&P CNX Nifty 8363.05 8510.80-1.74% SENSEX 27687.72 28171.69-1.72% Exchange Turnover (Rs. in Crore) MARKET CURRENT Previous NSE Cash 20588.68 17613.02 NSE F&O 296097.89 183680.48 Previous FII Positions(In Crore) ACTIVITIES Cash F&O NET BUY 23.54 1873.13 NET SELL - - Economic News Sectoral Indices BSE BANKEX 21207.31 21572.94-1.69% BSE IT 10398.08 10553.51-1.47% BSE CG 17909.73 17998.18-0.49% BSE OIL & GAS 9942.61 10091.84-1.48% BSE FMCG 7799.65 7875.94-0.97% BSE AUTO 18541.44 18966.38-2.24% BSE HC 16866.46 16988.45-0.72% BSE POWER 2043.06 2057.95-0.72% BSE METAL 8833.51 9190.86-3.89% Top Gainers HINDUNILVR 927.65 924.35 0.36% Asia Pacific Markets Nikkei225 19737.64 20376.59-3.14% HangSeng 23516.56 24975.31-5.84% Straits Times 3284.99 3340.93-1.67% Shanghai 3507.19 3727.12-5.90% Kospi 2016.21 2040.29-1.18% Jakarta 4871.57 4906.05-0.70% Taiwan 8976.11 9250.16-2.96% KLSE Composite 1695.83 1712.30-0.96% All Ordinaries 5456.50 5564.00-1.93% Top Losers VEDL 145.70 158.55-8.10% YESBANK 797.50 862.00-7.48% CAIRN 168.00 179.60-6.46% TATAMOTORS 404.95 431.55-6.16% TATASTEEL 283.15 298.20-5.05% Crude Oil closed at US$ 52.33 per barrel and Rupee closed at Rs. 63.5690 against each US$. Corporate News Larsen & Toubro Limited ( NSE : LT ) said Adani Group is in the final stage of getting into an arrangement with L&T to take over the operational and management control of Kattupalli International Container Terminal near Chennai. Infosys Limited ( NSE : INFY ) announced that it has signed a multi-year agreement with Deutsche Bank. Under the terms of the agreement, Infosys will provide services across the Deutsche Bank group and will also be a strategic partner under Deutsche Bank s Supplier Partnership Program. Crompton Greaves Limited ( NSE : CROMPGREAV ) said that it has signed a global supply agreement with cement major Lafarge for electrical motors. 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 U.S. trade deficit widened to $41.9 billion in May from a revised $40.7 billion in April. Market Talk UBS downgrades YES Bank UBS downgraded YES Bank to Sell from Buy. They have also revised the prices target to Rs 740 from the earlier target of Rs 1,000. YES Bank had the highest share of loans backed by unlisted shares and current assets (23%). 10-20% of loan approvals were granted on subservient charges by YES, ICICI and Axis, UBS said in the report. UBS pointed out that YES Bank has one of the highest exposures to stressed assets at 125%. The brokerage house also pointed out that the bank has not factored in an increase in credit cost for the bank. The revision in price target comes on the back of UBS raising the credit cost assumptions by 34-41basis points and cutting the FY16/FY17 earnings estimates by 15-16%. Result Announcement PROFIT AFTER TAX TOTAL SALES / INCOME COMPANY PERIOD CURR PREV CHANGE CURR PREV CHANGE CMC Limited Q1FY16(QOQ) 56.28 70.58-20.26% 672.24 666.04 0.93%
Index Chart Indian market went into a tailspin followed by the Chinese markets. The lingering uncertainty on the Greece front also kept the market participants on the edge. While Nifty closed at 8,363.05, down 147.75 points while as the Sensex lost 483.97 points, ending the day at 27687.72. NSE Nifty touched an intra-day high of 8,457.50 and low of 8,341.40 while BSE Sensex touched an intra-day high of 28031.45 and low of 27635.72. Top gainer was HINDUNILVR ( 0.36% ). Top losers were VEDL ( -8.10% ), YESBANK ( -7.48% ), CAIRN ( -6.46% ), TATAMOTORS ( -6.16% ) and TATASTEEL ( -5.05% ). BSE Metal, Auto, Realty and Bankex counted among the major losers, down 1.69-3.89%. BSE Midcap Index was down 1.30% and BSE Smallcap Index moved 1.28% lower. There was bloodbath across Asia while Europe stabilized in this session. Nifty may find support at around 8317, 8271 and resistance at around 8433, 8503. INDEX LTP PTS. CHANGE CHANGE(%) SENSEX 27687.72-483.97-1.72% CNX NIFTY 8,363.05-147.75-1.74% CNX NIFTY JUNIOR 20,229.75-264.00-1.29% LIX 15 3,503.55-113.40-3.14% INDIA VIX 17.79 1.48 9.09% CNX 100 8,454.00-152.15-1.77% CNX 500 6,931.60-119.45-1.69% CNX MIDCAP 13,287.45-188.25-1.40% NIFTY MIDCAP 50 3,311.35-62.20-1.84% CNX SMALLCAP 5,458.60-93.25-1.68% CNX 200 4,370.95-78.10-1.76%
Bulk Deals DATE SCRIPS NAME BUYER/SELLER BUY/ AVERAGE QNTY. SELL RATE 7-Jul-15 MANGALAM ANU BABU MATHEWS BUY 101627 59.9 7-Jul-15 MHRIL RELIANCE MUTUAL FUND BUY 1143400 254 7-Jul-15 UBL HEINEKEN INTERNATIONAL B.V. BUY 8500000 1030 7-Jul-15 BROOKS RAJIV ARORA SELL 20000 64.42 7-Jul-15 ELDERPHARM BP FINTRADE PRIVATE LIMITED SELL 7768 130.2 7-Jul-15 ELDERPHARM CHETAN RASIKLAL SHAH SELL 15083 129.32 7-Jul-15 GRANULES MORGAN STANLEY ASIA (SINGAPORE) PTE SELL 4330000 86.78 7-Jul-15 MEGASOFT J P M S L A/C COPTHALL MAURITIUS INVESTMENT LTD SELL 223158 8.03 7-Jul-15 MHRIL BNP PARIBAS ARBITRAGE SELL 1000000 254 7-Jul-15 ORTEL KOTAK MAHINDRA OLD MUTUAL LIFE INSURANCE LTD SELL 261174 186 7-Jul-15 RPPINFRA JM FINANCIAL PRODUCTS PVT LTD SELL 204579 87.1 7-Jul-15 SUMEETINDS SHPL ENTERPRISES PRIVATE LIMITED SELL 2500 17.31 7-Jul-15 UBL UNITED SPIRITS LIMITED SELL 8500000 1030 Forthcoming Event Board Meetings as on 09/07/2015 Bajaj Corp Limited Results R. S. Software (India) Limited Results/Dividend Tata Consultancy Services Limited Results/Dividend Thangamayil Jewellery Limited Results Corporate Actions as on 09/07/2015 Axis Bank Limited Dividend Rs 4.60/- Per Share Bajaj Auto Limited Dividend Rs 50/- Per Share Bajaj Finance Limited Dividend - Rs 18/- Per Share Bajaj Finserv Limited Dividend Rs 1.75 Per Share Bajaj Holdings & Investment Limited Dividend Rs 32.50/- Per Share Cyient Limited Dividend Rs 5/- Per Share eclerx Services Limited Dividend - Rs 35/- Per Share GIC Housing Finance Limited Dividend Rs 5/- Per Share Maharashtra Scooters Limited Dividend Rs.30/- Per Share NOCIL Limited Dividend - Re 1/- Per Share Rane Brake Lining Limited Dividend Rs 7/- Per Share Shreyas Shipping & Logistics Limited Dividend - Rs 1.30/- Per Share SIL Investments Limited Dividend - Rs 1.25/- Per Share Sutlej Textiles and Industries Limited Dividend - Rs 10/- Per Share Swaraj Engines Limited Final Dividend - Rs 15/- Per Share And Special Dividend - Rs 18/- Per Share Wendt (India) Limited Dividend - Rs 15/-Per Share Zee Entertainment Enterprises Limited Dividend - Rs 2.25/- Per Share
Derivatives Watch SYMBOL Expiry Prev. Change Change Open Prev. Open Change Change Date LTP LTP in Price Interest* Interest in OI * NIFTY 30-Jul-15 8368.8 8516.6-147.8-1.74% 781344 743918 37426 5.03% RCOM 30-Jul-15 67.5 64.55 2.95 4.57% 14376 13671 705 5.16% RELIANCE 30-Jul-15 997.5 1008.75-11.25-1.12% 121713 120413 1300 1.08% ICICIBANK 30-Jul-15 308.95 314.15-5.2-1.66% 39113 38992 121 0.31% HDFC 30-Jul-15 1282.6 1326.8-44.2-3.33% 38481 36685 1796 4.90% INFY 30-Jul-15 961 984.95-23.95-2.43% 60279 57440 2839 4.94% LT 30-Jul-15 1812.1 1816.85-4.8-0.26% 47006 47361-355 -0.75% SBIN 30-Jul-15 267.95 273.4-5.45-1.99% 56290 57238-948 -1.66% HDFCBANK 30-Jul-15 1073.8 1088.7-14.9-1.37% 106775 108550-1775 -1.64% * figures show no of contracts Nifty July series futures witnessed a fresh short position build up. Open Interest has been increased by 37426 contracts at the end of the day. Long position build up for the July series has been witnessed in RCOM. Short position build up for the July series has been witnessed in RELIANCE, ICICIBANK, HDFC, INFY. Unwinding of position for the July series has been witnessed in LT, SBIN, HDFCBANK. 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