The Dow Jones Industrial Average hit a record high on Monday, helped by Boeing, while selling in Facebook, Alphabet and other technology companies kept the S&P 500 flat and pulled the Nasdaq lower. Asian shares ticked up in early Tuesday trade as investors looked to economic data to confirm signs the global economy is in robust health with contained inflation. The report provides stock market updates, commodity prices, and recommendations to buy and sell futures contracts in metals, energy and agricultural commodities.

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Special Report
01 Aug-2017
Global markets at a glance
The Dow Jones Industrial Average hit a record high on
Monday, helped by Boeing, while selling in Facebook, Al-
phabet and other technology companies kept the S&P 500
flat and pulled the Nasdaq lower. The S&P 500 information
technology dipped 0.51 percent, with Facebook falling 1.82
percent and Alphabet , Google's parent company, down
1.42 percent. "The bull market is sort of broadening out
and people are taking a few profits off the table on some
these stocks that have done exceedingly well," said Randy
Frederick, vice president of trading and derivatives for
Charles Schwab in Austin, Texas.
Gains in world equity markets were capped by fading Euro-
pean markets and retreating U.S. technology shares, while
the U.S. dollar fell to its lowest level since January 2015
against the euro. European shares initially gained on a
boost from HSBC, as Europe's biggest bank unveiled a 5-
percent rise in half-year profits and a third share buyback in
a year. But shares later retreated amid weakness in to-
bacco stocks and some broker downgrades. The pan-
European FTSEurofirst 300 index lost 0.11 percent, while
MSCI's gauge of stocks across the globe gained 0.13 per-
cent. MSCI's index was poised for its best month in a year
while the FTSEurofirst suffered its biggest monthly decline
since June 2016.
Asian shares ticked up in early Tuesday trade as investors
looked to a barrage of economic data around the world to
confirm recent signs the global economy is in robust health
with inflation staying well contained. MSCI's broadest index
of Asia-Pacific shares outside Japan was up 0.1 percent,
while Tokyo's Nikkei rose 0.4 percent.
Previous day Roundup
Trading for the week started on a positive note as key
benchmark indices settled with modest gains. The barome-
ter index, the S&P BSE Sensex, rose 205.06 points or 0.63%
to settle at 32,514.94. The Nifty 50 index advanced 62.60
points or 0.63% to settle at 10,077.10. Both the Sensex and
the Nifty, settled at record closing high.
Index stats
The Market was very volatile in last session. The sartorial in
dices performed as follow; Consumer Durables [up
301.46pts.], Capital Goods [up 248.08pts], PSU [up
141.66pts], FMCG [down 101.31pts], Realty [up 17.08 pts],
Power [down 0.37pts], Auto [up 50.86pts], Health-
care [down 254.41pts], IT [up 108.02pts], Metals [down
172.46pts], TECK [up 34.11pts], Oil& Gas [up 121.48pts].
World Indices
Index Value % Change
DJI 21825.00 +0.56
S&P500 2469.75 +0.32
NASDAQ 6348.12 -0.42
FTSE100 7372.00 +0.05
NIKKEI 19959.41 +0.17
HANG SENG 27451.09 +0.46
Top Gainers
Company CMP Change % Chg
SBIN 312.80 13.70 4.58
POWERGRID 222.95 8.30 3.87
EICHERMOT 30,160.00 871.60 2.98
BANKBARODA 166.30 4.75 2.94
TATASTEEL 567.60 15.70 2.84
Top Losers
Company CMP Change % Chg
SUNPHARMA 530.10 -20.70 -3.76
DRREDDY 2,375.90 -89.05 -3.61
LUPIN 1,031.00 -32.9 -3.09
ITC 285.25 -6.30 -2.16
YESBANK 1,811.90 -29.95 -1.63
Stocks at 52 Week’s HIGH
Symbol Prev. Close Change %Chg
APOLLOTYRE 266.00 2.80 1.06
ASAHIINDIA 292.00 16.25 5.89
ASHOKLEY 109.15 -0.25 -0.23
AVADHSUGAR 462.35 22.00 5.00
BAJAJHLDNG 2,419.00 33.50 1.40
BANKBEES 2,545.00 33.06 1.32
BEML 1,730.00 56.20 3.36
Indian Indices
Company CMP Change % Chg
NIFTY 10077.10 +62.60 +0.63
SENSEX 32514.94 +205.06 +0.63
Stocks at 52 Week’s LOW
Symbol Prev. Close Change %Chg
AJANTPHARM 1,397.50 -23.40 -1.65
BHAGYAPROP 22.50 -0.05 -0.22
CTE 77.15 -1.25 -1.59

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01 Aug-2017
STOCK RECOMMENDATION [CASH]
HEG [CASH]
the stock has shown good upside move and closed with
long bullish candle on daily chart ,the stock rose with high
volume participation and RSI indicator is also bullish for
which we may expect good upside move and new high in
the stock and is good to buy above 496 for the target of
505-520 with SL below 485 .
MACRO NEW
 Results today: JSW Steel, Piramal Enter-
prises, Marico, Power Grid Corporation, Torrent Power,
Century Plyboards, Shriram City Union Finance, PC Jew-
eller, DCM Shriram, Den Networks, EIH, GTPL Hathway,
Orient Paper, Reliance Defence, Taj GVK Hotels, Tata
Investment, TCI Express, TCI Industries, Westlife Devel-
opment
 Vascon Engineers has received letter of award amount-
ing to Rs 80.41 crore for civil construction of a residen-
tial building
 Sobha board meeting on August 4 to consider a proposal
for buyback of equity shares of the company, for an ag-
gregate amount up to Rs 62 crore
 Lenders seek new investor in Rohit–Ferro: FE
 Bharti Airtel (to CNBC-TV18) said it keeps evaluating op-
portunities from time to time
 TV Today Network: Ashish Kumar Bagga resigns as CFO
 Shilpi Cable Tech: Manish Bhatt resigns from the post of
CEO
 Aditya Birla Fashion & Retail seek shareholders’ nod to
issue NCDs worth Rs 1,250 crore
 Amgen & Allergan submit biosimilar biologics license
application for ABP 980 to US FDA
 Satin Creditcare Network has invested Rs 6.9 crore in its
subsidiary 'Taraashna Services Limited'
RECOMMENDATIONS [FUTURE]
1.TATASTEEL [FUTURE ]
Last trading session TATASTEEL future cross major strong
resistance level and ended near this level with bullish can-
dlestick in daily chart. And since last session it rose with ris-
ing OI in long side . we expect the lead to good upside
ahead. So we advise you to Buy above 570 for the target of
575-580 with SL of 565.
2.APOLLOTYRE [FUTURE]
Looking at the daily chart of the APOLLOTYRE Future it has
been clearly seen that the stock is bullish which it has cross
major resistance level and ended near this level, So Buying
Future around 265-265 can be done for the targets of 270-
275 with a stop loss of 260

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01 Aug-2017
MOST ACTIVE CALL OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY CE 25,000 201.00 1,39,394 3,81,880
BANKNIFTY CE 25,200 108.00 1,36,705 4,13,200
BANKNIFTY CE 25,100 150.50 1,21,787 3,61,600
LT CE 1,200 23.60 6,672 12,62,250
SBIN CE 320 8.90 5,754 37,05,000
SBIN CE 310 13.70 5,511 22,38,000
INFY CE 1,020 25.80 4,332 5,90,500
SBIN CE 330 5.50 4,152 19,80,000
MOST ACTIVE PUT OPTION
Symbol Op-
tion
Type
Strike
Price
LTP Traded
Volume
(Contracts)
Open
Interest
BANKNIFTY PE 24,800 59.00 1,12,610 4,71,440
BANKNIFTY PE 24,700 39.55 1,03,481 5,15,800
BANKNIFTY PE 24,900 83.50 1,00,213 2,93,480
SBIN PE 300 5.60 3,651 30,09,000
INFY PE 1,000 18.05 2,611 2,87,000
YESBANK PE 1,800 44.00 2,580 3,57,000
INFY PE 980 11.70 2,429 3,38,000
SBIN PE 290 2.95 2,288 22,65,000
FII DERIVATIVES STATISTICS
BUY OPEN INTEREST AT THE END OF THE DAYSELL
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
No. of
Contracts
Amount in
Crores
NET AMOUNT
INDEX FUTURES 7685 631.71 13320 1057.43 238588 18544.18 -425.72
INDEX OPTIONS 292109 25465.93 276913 24185.08 869951 66937.99 1280.86
STOCK FUTURES 94020 7003.72 95159 6801.74 774403 54705.67 201.98
STOCK OPTIONS 86162 6705.05 82350 6365.41 54914 4222.97 339.64
Net 1396.00
STOCKS IN NEWS
 Persistent Systems Germany subsidiary enteres into an
agreement with PARX Werk AG, Switzerland (PARX) to
acquire PARX, a salesforce certified platinum partner in
DACH region
 Music Broadcast - CRISIL has assigns 'A1+' rating to the
bank facilities of the company
NIFTY FUTURE
Last trading session NIFTY Future finally close near
10000 with bullish harmer candlestick in daily chart, it's
indicted bullish hammer is reversal pattern which form
after decline, it is formed when the nifty traded signifi-
cantly lower then it's opening price and every trading
day Bulls push the nifty either above or near it’s opening
level with help of banking and metal stocks ,also broader
markets ended positive mode, So we can follow buy on
decline strategy. We may see rise for that it will be good
to buy Nifty future above 10120 for the target of 10150-
10200 with SL of 9950
INDICES R2 R1 PIVOT S1 S2
NIFTY 10128.00 10102.00 10059.00 10033.00 9990.00
BANKNIFTY 25373 25238 25033 24898 24693

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01 Aug-2017
COMMODITY ROUNDUP
COMEX Gold futures dropped a bit today after hitting
around two month highs. European stocks edged up amid
supportive economic cues on the last session of the month.
The Eurozone's unemployment rate has dropped to its low-
est level in more than eight years, but the annual rate of
inflation is unchanged, new data showed Monday--
highlighting the challenge at the heart of the European Cen-
tral Bank's decision on dialing down its stimulus programs.
The metal is quoting flat around $1275 per ounce. MCX
Gold futures are down 0.19% at Rs 28525 per 10 grams.The
European Union's statistics agency said the proportion of
workers without jobs across the 19 countries that use the
euro fell to 9.1% in June from 9.2% in May, reaching its low-
est level since February 2009. But consumer prices were
just 1.3% higher in July than a year earlier, as the rate of
inflation was unchanged, at its lowest level in 2017.
Large speculator bets rebounded last week in the Silver fu-
tures markets following six straight weeks of decline, ac-
cording to the latest Commitment of Traders (COT) data
released by the Commodity Futures Trading Commission
(CFTC) on Friday. The non-commercial futures contracts of
Silver futures, traded by large speculators and hedge funds,
totaled a net position of 19,417 contracts in the data re-
ported through Tuesday July 25th. This was a weekly gain of
10,041 contracts from the previous week.
Large speculators added to their net positions in the Copper
futures markets this week for a second consecutive week
and for the fourth out of the past five weeks, according to
the latest Commitment of Traders (COT) data released by
the Commodity Futures Trading Commission (CFTC) on Fri-
day. The non-commercial futures contracts of Copper fu-
tures, traded by large speculators and hedge funds, totaled
a net position of 24,257 contracts in the data reported
through Tuesday July 25th. This was a weekly spurt of 8,927
contracts from the previous week.
The international crude oil price of Indian Basket as com-
puted today by Petroleum Planning and Analysis Cell (PPAC)
under the Ministry of Petroleum and Natural Gas was US$
50.32 per barrel (bbl) on 28.07.2017. This was higher than
the price of US$ 49.73 per bbl on previous publishing day of
27.07.2017. In rupee terms, the price of Indian Basket in-
creased to Rs. 3227.71 per bbl on 28.07.2017 as compared
to Rs. 3189.08 per bbl on 27.07.2017. Rupee closed weaker
at Rs. 64.15 per US$ on 28.07.2017 as compared to Rs.
64.12 per US$ on 27.07.2017.
RECOMMENDATIONS
GOLD
TRADING STRATEGY:
BUY GOLD ABOVE 28680 TGT 28720 28820 SL BELOW
28630
SELL GOLD BELOW 28400 TGT 28350 28250 SL ABOVE
28450
SILVER
TRADING STRATEGY:
BUY SILVER ABOVE 38850 TGT 39050 39350 SL BELOW
38650
SELL SILVER BELOW 38350 TGT 38150 37850 SL ABOVE
38550

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01 Aug-2017
NCDEX INDICES
Index Value % Change
BARLEY 1420 -0.35
CASTOR SEEDS 4471 -0.69
CORIANDER 4883 -0.87
COTTON SEED 1461 -1.35
GUAR SEED 3593 +0.73
JEERA 19315 +0.65
MUSTARDSEED 3693 -0.08
SOYA BEAN 3018 -1.31
TURMERIC 7532 +3.98
WHEAT 1670 -0.24
RECOMMENDATIONS
DHANIYA
BUY CORIANDER AUG ABOVE 4950 TGT 4980 5020
5070SL BELOW 4900
SELL CORIANDER AUG BELOW 4840 TGT 4810 4770 4720 SL
ABOVE 4890
GUARGUM
BUY GUARGUM5 ABOVE 7620 TGT 7650 7590 7540
SL BELOW 7570
SELL GUARGUM5 BELOW 7440 TGT 7410 7370 7320 SL
ABOVE 7490
The total sown area as on 28th July 2017, as per reports
received from States, stands at 791.34 lakh hectare as com-
pared to 765.79 lakh hectare at this time last year. This
marks an increase of 4% It is reported that rice has been
sown in 216.23 lakh ha, up 2.26%, pulses in 114.88 lakh ha,
coarse cereals in 150.19 lakh ha, up 3.40%, sugarcane in
49.15 lakh hectare, up 8.73% and cotton in 111.55 lakh ha,
up 21%. Oilseeds acreage is down though, falling by nearly
9%.
Cardamom futures were trading higher during the evening
trade in the domestic market on Monday as investors and
speculators extended their positions in the agri-commodity
amid rise in physical demand for cardamom in the domestic
spot market. Further insufficient supplies on higher physical
arrivals from the major cardamom producing regions sup-
ported the upward trend in the domestic cardamom prices.
At the MCX cardamom futures for August 2017 contract
was trading at Rs 1189.90 per kg up by 3.99 per cent after
opening at Rs 1150 against a previous close of Rs 1144.20. It
touched the intra-day high of Rs 1189.90
Mentha oil futures were trading higher during the evening
trade in the domestic market on Monday amid pick-up in
demand at domestic spot market and restricted supplies
from producing regions. Market analysts said fresh posi-
tions built up by traders following pick-up in demand from
consuming industries in the spot market against restricted
supplies from Chandausi led to the rise in mentha oil prices
in futures trade. At the MCX mentha oil futures for July
2017 contract is trading at Rs 1085.90 per kg up by 3.99 per
cent after opening at Rs 1075.50 against the previous clos-
ing price of Rs 1044.20. It touched the intra-day high of Rs
1085.90

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Special Report
01 Aug-2017
RBI Reference Rate
Currency Rate Currency Rate
Rupee- $ 64.077 Yen 57.980
Euro 75.220 GBP 84.159
USD/INR
BUY USD/INR ABOVE 64.25 TGT 64.40 64.60 SL 64.05
SELL USD/INR BELOW 64.10 TGT 63.95 63.75 SL 64.30
EUR/INR
BUY EUR/INR ABOVE 75.20 TGT 75.35 75.55 SL 75.00
SELL EUR/INR BELOW 74.90 TGT 74.75 74.55 SL 75.10
CURRENCY MARKET UPDATES
The Indian rupee edged higher against the dollar in early
trades on Monday, 31 July with the American currency
coming under heavy selling by banks and exporters. The
dollar's slide overseas amid concerns over renewed show
of strength on the Korean Peninsula and a stronger open-
ing of domestic equities took the rupee high.
The domestic currency opened at Rs 64.12 against the dol-
lar and climbed further to a high of 64.0475 so far during
the day. In the spot currency market, the Indian unit was
last seen trading at 64.0825. On Friday, the rupee had re-
treated by 4 paise to end at 64.15 against the US dollar
even as the greenback struggled to bounce back globally.
Domestic benchmark indices were trading with small gains
in morning trade after opening higher. At 10:20 IST, the
barometer index, the S&P BSE Sensex, was up 86.15 points
or 0.27% at 32,396.03. The Nifty 50 index was up 13.25
points or 0.13% at 10,027.75. Sentiment was positive on
market buzz that the Reserve Bank of India could cut rates
after its meet later this week on 2 August 2017. Overseas,
Asian stocks were mixed. Meanwhile, there was another
missile launch from North Korea late Friday, 28 July 2017,
and experts said it put the continental US in range of Py-
ongyang's arsenal.
Meanwhile, the dollar struggled on Monday, wallowing
near a 2-1/2-year low against the euro, weighed down by
U.S. political uncertainty and uninspiring U.S. data that
added to doubts about whether there will be another Fed-
eral Reserve rate hike this year. The dollar index, which
tracks the U.S. currency against a basket of six major rivals,
was 0.2 percent higher at 93.450 (DXY), trimming some
losses after dropping 0.6 percent on Friday.
UK mortgage approvals decreased to 64,684 in June from
65,109 in May, figures from the Bank of England revealed
Monday. Approvals were forecast to drop to 65,000. Data
showed that consumer credit increased at a slower pace of
GBP 1.5 billion after rising GBP 1.8 billion in May.

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01 Aug-2017
Date
Commodity/ Cur-
rency Pairs
Contract Strategy Entry Level Target
Stop
Loss
Remark
31/07/17 NCDEX DHANIYA OCT. BUY 4990 5030-5070 4950 TARGET HIT
31/07/17 NCDEX DHANIYA OCT. SELL 4880 4850-4810 4930 NOT EXECUTED
31/07/17 NCDEX GUARGUM SEP. BUY 7430 7460-7500 7380 TARGET HIT
31/07/17 NCDEX GUARGUM SEP. SELL 7150 7120-7080 7200 NOT EXECUTED
31/07/17 MCX GOLD OCT. BUY 28600 28650-28750 28500 OPEN
31/07/17 MCX GOLD OCT. SELL 28500 28450-28350 28600 SL TRIGGERED
31/07/17 MCX SILVER SEP. BUY 38600 38800-39100 38400 TARGET HIT
31/07/17 MCX SILVER SEP. SELL 38400 38200-37900 38600 SL TRIGGERED
Date Scrip
CASH/
FUTURE/
OPTION
Strategy Entry Level Target Stop Loss Remark
31/07/17 NIFTY FUTURE BUY 9950 10200 9830 NOT EXECUTED
31/07/17 PFC FUTURE SELL 122 130 117 OPEN
31/07/17 IOC FUTURE BUY 360 375 350 TARGET HIT
31/07/17 SONASTEER CASH BUY 112.50 116-120 105 OPEN

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01 Aug-2017
NEXT WEEK'S U.S. ECONOMIC REPORTS
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Disclaimer
TIME REPORT PERIOD ACTUAL
CONSENSUS
FORECAST
PREVIOUS
MONDAY, JULY 31
9:45 am Chicago PMI July -- 65.7
10 am Pending home sales June -- -0.8%
TUESDAY, AUG. 1
8:30 am Personal income June 0.4% 0.4%
8:30 am Consumer spending June 0.1% 0.1%
8:30 am Core inflation June 0.1% 0.1%
9:45 am Markit manufacturing PMI July -- 53.2
10 am ISM manufacturing July 56.3% 57.8%
10 am Construction spending June 0.5% 0.0%
Varies Motor vehicle sales July 16.8mln 16.4 mln
WEDNESDAY, AUG. 2
8:15 am ADP employment July -- 158,000
THURSDAY, AUG. 3
8:30 am Weekly jobless claims 7/29 242,000 244,000
9:45 am Markit services PMI July -- 54.2
10 am ISM nonmanufacturing July 56.9% 57.4%
10 am Factory orders June 3.0% -0.8%
FRIDAY, AUG. 4
8:30 am Nonfarm payrolls July 185,000 222,000
8:30 am Unemployment rate July 4.3 4.4%
8:30 am Average hourly earnings July .3 0.2%
8:30 am Trade deficit June -$44.3bln -$46.5bln
Priya
Mory
a
Digitally signed
by Priya Morya
DN: cn=Priya
Morya c=IN
o=Personal
Reason: I am the
author of this
document
Location:
Date:
2017-08-01
08:59+05:30