Narnolia Securities Limited Market Diary 20.12.2013
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Narnolia Securities Limited Market Diary 20.12.2013



Narnolia Securities Limited Market Diary 20.12.2013 Click here to read the full report:

Narnolia Securities Limited Market Diary 20.12.2013 Click here to read the full report:



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Narnolia Securities Limited Market Diary 20.12.2013 Narnolia Securities Limited Market Diary 20.12.2013 Document Transcript

  • 20th Dec 2013 MARKET DIARY SGX NIFTY : 6156 ( 30pts Down ) Quote of The Day "The key to making money in stocks is not to get scared out of them." Peter Lynch MARKET Name Sensex Nifty DOW NASDAQ CAC Change (151.24) (50.50) 11.11 (11.92) 67.62 DAX FTSE NIKKIE HANG SENG 9335.74 6584.7 15761.86 22854.9 153.99 92.62 (97.36) (33.85) EW ALL SHARE Chart of the Day Gold Import Trend Value 20708.62 6166.65 16179.08 4058.14 4177.03 9875.74 (38.79) INSTITUTIONAL TURNOVER FII Investor Buy(Cr.) Sale(Cr.) Net(Cr.) 19th Dec, 13 4286.14 2,022.03 2264.11 Dec,13 2013 Index Action-Nifty (19th Dec, 13) 46880.16 729933.46 36,045.67 6,45,535.62 10834.49 84397.84 DII Investor Contents Economic calendar Page 4 Coverage UPDATE News 3 UPDATE Derivative Research 2 UPDATE UPDATE Sale(Cr.) Net(Cr.) 19th Dec, 13 Dec,13 2013 Index Buy(Cr.) 1617.49 14197.34 249283.13 1,659.08 20,679.57 3,17,652.29 (41.59) (6482.23) (68369.16) COMMODITY PRICE COMMODITY/CURRENCIES Value GOLD 28410.00 SILVER 43850.00 CRUDEOIL 110.10 ↓ ↓ ↓ COPPER NATURALGAS 460.80 276.70 ↓ ↑ DOLLAR/RS. EURO/RS. POUND/RS. 62.14 84.76 101.71 ↑ ↓ ↓ Narnolia Securities Ltd. 124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196 email:, website : 1
  • Derivative Research NIFTY SNAPSHOT Nifty Spot Nifty Dec 2013 Future 6166.65(-50.50) 6183 Nifty Jan 2013 Future Nifty Dec 2013 Open Interest 6236 18971200 5896450 6198 Nifty Jan 2013 Open Interest 7 DMA of Spot Nifty 21 DMA of Spot NIfty 50 DMA of Spot Nifty VOLATILITY INDEX (VIX) PUT CALL RATIO 6174 6161 GRAPH 16.58(-0.96) 0.96 Nifty (Dec Series) Option OI Distribution: Index Outlook Activity of Nifty (Dec Series) Strike CALL OI % Chng 5900 323200 -2.3 6000 1623550 -0.7 6100 2058450 23.9 6200 5479950 33.2 6300 7634500 11.0 6400 4898800 -16.4 Fresh Long Seen In (Rising OI -Rising Price) Scrip OI OI ch% PTC 28,84,000 18.4 APOLLOTYRE 349,84,000 13.0 TECHM 25,48,250 8.0 MARUTI 37,15,000 7.5 BHARATFORG 17,50,000 6.6 PCR (OI) STOCK T1 TECHM 0.67 GLENMARK 0.71 LUPIN 0.47 TATACOMM 0.23 HINDZINC 0.33 FIIs Activity (Fig in Cr) Segment PUT OI Buy Sell Net % Chng 3238650 5798150 5517050 4542050 2517450 527300 CMP 63.8 88.9 1791.6 1780.7 325.0 T2 0.42 0.56 0.39 0.19 0.28 0.5 1.9 -2.7 -7.2 -13.4 -65.8 Ch% 0.7 0.3 3.7 3.0 4.0 INDEX FUTURE INDEX OPTION STOCK FUTURE STOCK OPTION TOTAL 2,587 16,971 3,175 1,485 24,218 2,038 17,907 3,316 1,522 24,782 Fresh Shorts Seen In: (Rising OI -Falling Price) Scrip OI OI ch% CMP RELCAPITAL 89,23,000 22.0 343.8 RELINFRA 51,22,000 11.9 413.2 BIOCON 29,33,000 11.8 429.1 RECLTD 26,13,000 8.3 204.4 DISHTV 140,48,000 6.1 59.5 YESTERDAY'S IMPACT TRADE STOCK STRIKE CE STOCK SBIN 1800 CE SBIN POWERGRID 100 CE POWERGRID TCS 2100 CE RELIANCE RELIANCE 880 CE AXISBANK MCDOWELL-N 2600 CE ICICIBANK 549 (936) (140) (37) (564) Ch% -4.4 -3.3 -1.9 -2.9 -3.8 STRIKE PE 1700 PE 95 PE 840 PE 1250 PE 1060 PE
  • Markets Snapshot Top Price Performers Top Performers Top Performers 1D % Change Top Performers 1W % Change WELCORP 19.97 NEULANDLAB 39.73 1M DQE % Change PGEL 17.80 VAIBHAVGEM 38.39 YBRANTDIGI 65.60 NEULANDLAB LIBERTSHOE 16.44 13.13 NITINSPIN MARKSANS 34.32 28.85 SVCRES GLOBOFFS 61.90 54.89 CMC 11.92 MLKFOOD 27.40 MVL 53.15 75.44 Worst Price Performers Worst Performers 1D % Change Worst Performers 1W % Change Worst Performers 1M % Change STAR (57.87) STAR (58.20) STAR (62.66) SANWARIA (19.93) SIGRUN (35.71) MBSWITCH (53.02) VALUEIND (11.29) MBSWITCH (34.91) SIGRUN (50.00) SIGRUN (10.00) SANWARIA (26.66) ZENITHINFO (48.68) MBSWITCH (9.60) KINETICENG (22.33) KINETICENG (48.27) Top News : • Gujarat Gas Company Limited (“GGCL”) has executed an amendment agreement with GAIL (India) Limited (“GAIL”) for - Supply of Administered Price Mechanism ("APM”) gas for 0.429 million metric standard cubic meters of gas per day (mmscmd) on firm basis & PannaMukta and Tapti (“PMI”) gas for 0.059 mmscmd on firm basis and, Revision in allocation for PMT gas from existing 2.13 mmscmd to 1.66 mmscmd. • Bharti Airtel is in advanced talks to sell its Sri Lankan business to UAE-based Etisalat . Airtel is learnt to be seeking USD 500-600 million (Rs 3,000-3,600 crore) from the sale and had originally invested USD 300 million in the business and intends to use the sale proceeds to reduce its debt . •Lupin Limited (Lupin) announced that its US subsidiary Lupin has launched its Abacavir Sulfate, Lamivudine,and Zidovudine Tablets, 300 mg (ba se) /150 mg /300in the US after the US District Court for the District of Delaware ruled that the Lupin’s generic version of Trizivir® did not infringe on patents. • Wockhardt Bio AG, Switzerland has allocated 2,348,000 Ordinary shares of CHF 1.00 each representing 5% of the post diluted capital for subscription at a price of CHF 5.05 per ordinary share for its initial public offering. The Ordinary shares of Wockhardt Bio AG are scheduled to be listed on December 19, 2013 on the Berne Stock Exchange, Switzerland. • GAIL India Ltd, has doubled the marketing margin it charges from customers on sale of a small volume of ONGC. GAIL used to charge Rs 200 per thousand cubic metres (Rs 5 per million British thermal unit) as effort money or marketing margin from consumers like fertiliser plants and power stations, for selling natural gas sourced from fields that Oil and Natural Gas Corp ( ONGC ) had got from the government on nomination basis (called APM gas). • NTPC has signed a loan agreement, at a fixed interest rate facility, for EUR 55 million with KfW, the German government development financial institution. The loan shall be utilized to part finance the capital expenditure of its Mouda Super Thermal Power Project, Stage-II. • European Central Bank said that the euro zone current account recorded a seasonally adjusted surplus of EUR21.8 billion in October, widening from a surplus of EUR14.9 billion in September, whose figure was revised up from a previously reported surplus of EUR13.7 billion. • U.S. Commerce Department said that the number of building permits issued last month declined by 3.1% to a seasonally adjusted 1.007 million from October’s total of 1.039 million. Analysts expected building permits to fall by 4.7% to 0.990 million units in November. • Japanese Ministry of Economy, Trade and Industry said that Japan’s All Industries Activity Index fell to a seasonally adjusted -0.2%, from 0.4% in the preceding month. Analysts had expected Japan’s All Industries Activity Index to fall -0.2% last month. • U.K. Office for National Statistics said retail sales increased by a seasonally adjusted 0.3% last month, matching forecasts. Retail sales for October was revised down to a 0.9% drop from a previously reported 0.7% drop.
  • Management Tweets • Eicher Motors Mgt Guideline : The company expects a better business going forward. The motorcycle business is trending towards 20 percent EBITDA margin. Mgt expect production of 2.5 lakh units in the motorcycle segment next year . Company is not overly worried about the CV business as it has been able to maintain positive margins and expects a recovery in 2014. The company is looking to invest Rs 700 crore in the next 12-18 months, and is planning to invest heavily into new products, including new engines. • Persistent Systems Mgt Guideline : Company has invested USD 150,000-250,000 in a US-based life sciences start-up called DxNow through Persistent Venture Fund. More than 85% of the company’s business comes from the US markets. The company believes it can beat NASSCOM guidance for FY14 . • Petronet LNG Mgt Guideline : Company has been operating below capacity as it is yet to be connected to pipelines reaching different markets . Mgt would not be able to provide a timeline as to when the pipeline would be laid.Because of the Kochi terminal not coming and operating at a higher capacity it will impact our current-year numbers because of the depreciation and the interest burden . Economic Calendar Monday 16-Nov US Tuesday 17-Nov Wednesday 18-Nov Thursday 19-Nov Friday 20-Nov Empire State Manufacturing Index , Revised Nonfarm Productivity q/q , Building Permits , Housing Starts , Crude Oil Unemployment Claims , Existing Home Sales , TIC Long-Term Purchases , Capacity Core CPI m/m , CPI m/m , Current Inventories , FOMC Economic Projections , Final GDP q/q , Final GDP Price Index q/q , Philly Fed Manufacturing Index , CB Leading Utilization Rate , Industrial Account , NAHB Housing Market Index . FOMC Statement , Federal Funds Rate , Flash Manufacturing PMI . Index m/m , Natural Gas Storage . Production m/m , Revised Unit Labor FOMC Press Conference . Costs q/q . UK/EURO ZONE Current Account , CPI y/y , Core CPI y/y , Trade Balance , German Buba Monthly Report . INDIA Advance Tax No , WPI Data CPI y/y , PPI Input m/m , RPI y/y , PPI Output m/m , Core CPI y/y . German PPI m/m , GfK German Claimant Count Change , MPC Asset Consumer Climate , French Flash Purchase Facility Votes , MPC Official Bank Manufacturing PMI , French Flash Rate Votes , Unemployment Rate , Average Services PMI , German Flash Current Account , Retail Sales m/m , Final GDP Earnings Index 3m/y , Public Sector Net Manufacturing PMI , German Flash q/q , Borrowing , German ZEW Economic Services PMI , German Ifo Business Sentiment , ZEW Economic Sentiment , BOE Climate , Flash Manufacturing PMI , Flash Inflation Letter . Services PMI , Net Lending to Individuals m/m , CBI Industrial Order Expectations RBI Monetary Policy Risk Disclosure & Disclaimer :This report/message is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Narnolia Securities Ltd. (Hereinafter referred as NSL) is not soliciting any action based upon it. This report/message is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person in any form. The report/message is based upon publicly available information, findings of our research wing “Eastwind” & information that we consider reliable, but we do not represent that it is accurate or complete and we do not provide any express or implied warranty of any kind, and also these are subject to change without notice. The recipients of this report should rely on their own investigations, should use their own judgment for taking any investment decisions keeping in mind that past performance is not necessarily a guide to future performance & that the the value of any investment or income are subject to market and other risks. Further it will be safe to assume that NSL and /or its Group or associate Companies, their Directors, affiliates and/or employees may have interests/ positions, financial or otherwise, individually or otherwise in the recommended/mentioned securities/mutual funds/ model funds and other investment products which may be added or disposed including & other mentioned in this report/message.