Equity Morning Note 23 October 2013-Mansukh Investment and Trading Solution

1. Morning Note
23 Oct 2013
FIRST LIGHT HEADINGS
DATA MATRIX OF LAST SESSION
INDEX
Close
%Chg
Sensex
20865
-0.09
Nifty
6203
0.23
Midcap
5988
1.58
Smallcap
5871
make more, for sure.
2.32
VALUE TRADED (Rs Crs)
%Chg
BSE
2162
NSE
11268
-8.78
F& O Total
115615
-31.00
Total Volume
129045
-29.10
MARKET INSIGHT
3.40
NET INFLOWS (Rs Crs)
%Chg
FIIs
794.9
-54.65
DIIs
(845.3)
48.82
FII OPEN INTEREST (Crs)
%Chg
FII Index Futures
15343.93
4.75
FII Index Options
60580.69
0.81
FII Stock Futures
28804.84
2.35
FII Stock Options
3101.32
9.81
World Indices
%Chg
Dow Jones
15468
0.45
Nasdaq
3930
0.41
FTSE 100
6696
1.10
Commodity
%Chg
Crude (US$/bl)
98.0
-2.96
Gold (US$/oz)
1341.2
2.15
Top 5 Movers
Close Price
%Chg
TATAPOWER
82.2
2.75
1,113.60
2.72
101.95
2.46
1,200.00
2.05
334.45
2.03
Top 5 Loser
Close Price
%Chg
HINDALCO
116.25
-1.45
875.1
-1.42
2,070.00
164.5
a ratio
of 1497: 1042, while 134 scrips remained unchanged. (Provisional)The BSE Sensex lost 23.56
points or 0.11% to settle at 20870.33.The index touched a high and a low of 20948.91 and 20810.25
respectively. Among the 30-share Sensex, 13 stocks gained, while 17 stocks declined. The BSE
Mid cap and Small cap indices ended higher by 0.66% and 1.13% respectively. (Provisional)
-1.82
393
On October 22 Oct 2013, In sector specific activities, Power stocks in demand on renewed
buying activities. Following it were the stocks of Capital Goods and Public Sector Undertaking
(PSU) counters. Majority of the state-run banks spiked up on the reports that government
earmarked Rs 14,000 crore for capital infusion in the public sector banks during the current
fiscal. Besides, sugar stocks continued their bull run for the second consecutive day, on report
that sugar production dropped by 4.5% to 25.14 million tonnes in 2012-13, nevertheless
sufficient enough to fulfill domestic consumption, which grew by 3.6% to 22.8 million tonnes in
2012-13 over previous year. Banking stocks tied up some gains after the industry body in their
pre-policy meeting with the RBI governor, Raghuram Rajan, demanded announcement that
there would be no further tightening and the Central Bank would start to move to a more
accommodative monetary stance. Meanwhile, most of the earnings reported today were
encouraging, Yes Bank rose over 4% on reporting 21.3% rise in its quarter ended net profit of Rs
371.1 crore on the back higher interest income and growth in non-interest income. Rallis India
too rallied over 2% on reporting 21.42% rise in consolidated net profit at Rs 74.75 crore.
-1.42
-1.2
HCLTECH
POWERGRID
AXISBANK
GAIL
RANBAXY
M&M
HEROMOTOCO
DLF
0.78%,
IT up by 0.47% and Teck up by 0.39% were the top gainers, while Consumer Durables down by
1.01%, Auto down by 0.54%, Oil & Gas down by 0.42%, Realty down by 0.23% and FMCG down
by 0.01% were the only losers in the space. (Provisional)
low
of 6,220.10 and 6,181.80 respectively. Out of the 50 stocks on the Nifty, 24 ended in the green,
while 25 ended in the red and one stock remains unchanged. India VIX, a gauge for markets
short term expectation of volatility lost 1.09% at 19.96 from its previous close of 20.18 on
Monday.
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MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

2. Morning Note
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC
QUANTITATIVE ANALYSIS: Very lackluster and flat closing for the bourses at Dalal Street after a choppy session of trade, which in absence of
any positive trigger, failed to gain any traction, with Sensex ending the session down in red. Market adopted a wait and watch approach ahead of
September's non-farm payrolls data of US, due to release later in the evening, which is likely to offer clues on the strength of the economic
recovery and on how long the Fed might maintain its easy policy stance. Local equity markets, after recovering in green for couple of times,
failed to maintain fervor as vindictive bears fought back with vigor. At close, both Sensex and Nifty ended near their previous closing level,
above psychological 20,850 and 6,200 mark respectively. Meanwhile, broader indices outperforming the larger peers by fat margins, ended with
gains of over half a percent.. For the upcoming sessions spot index may continue its range bound journey however 6230-6260 could be the near
term resistance zone. Any substantial break out above this range with decisive volumes may further strengthens the current sentiment and we
might se 6360-6390 in a short span of time. On the flip side any spiral selling below 5860-5830 may attract some bears and we might see 5630-5650
though any correction could be used as a decent opportunity to go long.....
Index
Support 2
Support 1
Previous Close
Resistance 1
Resistance 2
Trend
SENSEX
20470
20605
20865
20998
21215
Rangebound
NIFTY
6102
6145
6203
6244
6296
Rangebound
10412
10605
10845
11022
11212
Rangebound
BANK NIFTY
Please refer to important disclosures at the end of this report
Mansukh Securities and Finance Ltd
Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar,
New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710,
Email: research@moneysukh.com, Website: www.moneysukh.com
For Private circulation Only
For Our Clients Only
SEBI Reg.No: BSE: INB 010985834, F&O: INFNSE: INB230781431
SEBI Regn No. BSE: INB010985834 / 010985834
NSE: INB 230781431, F&O: INF 230781431,
PMS Regn No. INP000002387
DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000
MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

3. Morning Note
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NAME
DESIGNATION
E-MAIL
Varun Gupta
Head - Research
varungupta@moneysukh.com
Mohit Taneja
Research Analyst
mohit.t@moneysukh.com
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Please refer to important disclosures at the end of this report
Mansukh Securities and Finance Ltd
Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar,
New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710,
Email: research@moneysukh.com, Website: www.moneysukh.com
For Private circulation Only
For Our Clients Only
SEBI Regn No. 010985834, F&O: INF NSE: INB230781431
SEBI Reg.No: BSE: INBBSE: INB010985834 / 010985834
PMS
NSE: INB 230781431, F&O: INF 230781431,Regn No. INP000002387
DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000
MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293