Talks of long term capital gains tax by prime minister spooks markets

1. Monday, December 26, 2016
Top Nifty Gainers
Symbol LTP % Traded Value Open High Low Prev.
Change Qty (in Lakhs) Close
HINDUNILVR 804 1.84 6,86,679 5,481.62 788 804.9 785.05 789.5
LT 1,344.00 0.49 7,99,152 10,663.64 1,335.60 1,345.00 1,318.35 1,337.45
TCS 2,296.85 0.38 4,48,704 10,278.01 2,266.00 2,301.60 2,266.00 2,288.10
ITC 225.4 0.31 87,35,299 19,602.01 224.9 225.85 222 224.7
INDUSINDBK 1,064.00 0.19 7,05,664 7,459.57 1,061.00 1,064.50 1,048.80 1,062.00
BHARTIARTL 296 0.15 24,51,002 7,198.35 294.5 297 288.7 295.55
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Top Nifty Losers
Talks of Long Term Capital Gains Tax by Prime Minister Spooks
Markets
Indian markets had a negative day in trading with a gap down opening. Nifty opened at 7951 breaching the monthly
support levels of 7914 and after making a low of 7898 it closed at 7917. The intraday movement was in a range with a
pullback of only 40 points. Small Cap Index saw sharp selling and markets can see a negative close for this December
clearing as FII have been net sellers in this expiry. Bank Nifty is trading below the gap level and has closed at 17655
with the next weekly gap level target at 17348. Top Losers of the day were Hindalco, Cipla, Auro Pharma, Bank of
Baroda and Lupin.
Symbol LTP % Traded
Traded
Value
Open High Low Prev.
Change Qty (in Lakhs) Close
HINDALCO 151.3 -5.02 1,02,29,442 15,573.30 157.5 157.5 149.7 159.3
CIPLA 555.3 -4.64 21,06,357 11,777.91 581.3 581.3 548.1 582.3
AUROPHARMA 623.25 -3.75 27,18,624 17,087.37 646 646 621.9 647.55
BANKBARODA 147.75 -3.43 61,51,900 9,139.26 152 152.35 146 153
LUPIN 1,399.05 -3.23 8,77,985 12,551.15 1,445.00 1,463.35 1,397.30 1,445.80
EICHERMOT 20,250.00 -3.21 34,006 6,951.72 20,800.00 20,875.80 20,228.00 20,921.90
TATASTEEL 380 -2.78 32,32,118 12,364.14 388.5 389.6 378.5 390.85
INFRATEL 327.35 -2.69 13,58,368 4,489.13 336.5 339 325.1 336.4
ZEEL 432.5 -2.29 11,39,208 4,954.19 440 441.9 430.1 442.65
SBIN 243.95 -2.09 85,92,983 21,084.60 248 248.3 243.6 249.15

2. A Quick View of the Sectors
SECTOR % CHANGE TODAY
FMCG -0.28%
AUTO- TYRES AND TUBES -0.75%
MEDIA- ENTERTAINMENT -1.10%
INFRA- TELECOM -1.19%
AIRLINES -1.21%
FMCG- FOOD -1.40%
FERTILISERS -1.54%
FOOTWEAR -1.66%
AUTO- AUTOMOBILES AND AUTO PARTS -1.68%
ENERGY-OIL & GAS -1.72%
TRANSPORTATION LOGISTICS -1.76%
ENTERTAINMENT-HOTELS AND LEISURE -1.92%
IT -2.07%
FMCG- BREVERAGES -2.13%
MEDIA -2.17%
INFRA- POWER -2.18%
TEXTILES AND APPAREL -2.28%
BANKS-PRIVATE -2.29%
FMCG- SUGAR -2.32%
REALTY- HOUSEHOLD -2.34%
JEWELLERY -2.37%
CEMENT -2.48%
REALTY -2.52%
CHEMICALS -2.64%
PAPER -2.68%
INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS -2.74%
AUTO-AUTO ANCL AND COMPONENTS -2.74%
METALS AND MINING -2.76%
FINANCIAL SERVICES- NBFC -2.77%
PHARMA -2.83%
INFRA- MACHINERY EQUIPMENT -3.04%
BANKS-PSU -3.18%
DEFENCE -3.25%
FINANCIAL SERVICES -3.37%
FMCG- PACKAGING -3.83%
DIVERSIFIED -13.48%
Dynamic Sector Performance – 26th December 2016
Some Indices turned positive while most of them stayed in the red zone. FMCG gained the most, followed by Auto-
Tyres and Tubes, Media-Entertainment and Infra-Telecom. While, Diversified, FMCG-Packaging, Financial
Services and Defense lost the most in the day’s trade.

3. NSE High Volumes Stock Performer List
TOP GAINER TOP LOSER
SYMBOL LTP %CHANGE SECTOR SYMBOL LTP %CHANGE SECTOR
FINCABLES 420.00 3.92 INFRA-TELECOM GULFOILLUB 581.20 -8.55 ENERGY-OIL & GAS
BALKRISIND 1085.00 3.44 AUTO-TYRES AND TUBES CANFINHOME 1475.00 -7.21 FINANCIAL SERVICES-NBFC
JKLAKSHMI 346.30 2.08 CEMENTS SHILPAMED 699.95 -7.05 PHARMA
ITI 43.75 1.74 INFRA-TELECOM OUDHSUG 93.90 -6.75 FMCG-SUGAR
MGL 776.50 1.66 ENERGY-OIL & GAS EDELWEISS 92.10 -6.21 FINANCIAL SERVICES
ITDCEM 143.90 0.81
INFRA-CONSTRUCTION ENGINEERING AND
MATERIALS LUMAXIND 708.80 -5.76
AUTO-AUTOMOBILES AND AUTO
PARTS
PEL 1477.95 0.65 PHARMA RAMCOCEM 502.90 -5.02 CEMENTS
CUB 131.75 0.38 BANKS-PRIVATE SATIN 306.85 -5.00 FINANCIAL SERVICES
FMGOETZE 468.80 0.25 AUTO-AUTOMOBILES AND AUTO PARTS RICOAUTO 54.55 -4.80
AUTO-AUTOMOBILES AND AUTO
PARTS
TRIGYN 120.80 0.00 IT IGPL 217.55 -4.77 CHEMICALS
SMLISUZU 1043.20 -0.17 AUTO-AUTOMOBILES AND AUTO PARTS SONASTEER 59.60 -4.72
AUTO-AUTO ANCL AND
COMPONENTS
DHAMPURSUG 116.05 -0.17 FMCG-SUGAR GSFC 89.50 -4.33 FERTILISERS
MAGMA 99.20 -0.25 FINANCIAL SERVICES-NBFC NOCIL 63.35 -4.30 CHEMICALS
EIDPARRY 243.00 -0.27 FMCG-SUGAR MUNJALSHOW 180.50 -4.29
AUTO-AUTO ANCL AND
COMPONENTS
CARBORUNIV 240.00 -0.35 AUTO-AUTOMOBILES AND AUTO PARTS TIMETECHNO 87.20 -4.12 FMCG-PACKAGING
GEOMETRIC 243.35 -0.41 IT JUBILANT 564.75 -4.08 PHARMA
BALRAMCHIN 118.40 -0.46 FMCG-SUGAR ESCORTS 278.45 -4.05
AUTO-AUTOMOBILES AND AUTO
PARTS
RALLIS 192.05 -0.47 CHEMICALS SYNGENE 517.65 -4.03 PHARMA
COROMANDEL 274.15 -0.49 FERTILISERS UCALFUEL 157.10 -3.97
AUTO-AUTO ANCL AND
COMPONENTS
BAJAJFINSV 2606.00 -0.55 FINANCIAL SERVICES-NBFC INDIANB 201.25 -3.92 BANKS-PSU
APLAPOLLO 885.05 -0.68 INFRA-MACHINERY EQUIPMENT KIRIINDUS 269.80 -3.90 CHEMICALS
NEULANDLAB 985.65 -0.69 PHARMA SASKEN 398.00 -3.88 IT
DEEPAKFERT 205.40 -0.70 FERTILISERS KESORAMIND 119.15 -3.87 DIVERSIFIED-TYRES & CEMENTS
COSMOFILMS 323.30 -0.72 FMCG-PACKAGING KSL 264.20 -3.84
AUTO-AUTO ANCL AND
COMPONENTS
GAEL 88.30 -0.73 FMCG-FOOD SREINFRA 71.40 -3.83 FINANCIAL SERVICES-NBFC
CENTENKA 260.00 -0.74 AUTO-AUTO ANCL AND COMPONENTS RAMCOIND 183.50 -3.77 REALTY-HOUSEHOLD
FIEMIND 1085.10 -0.77 AUTO-AUTO ANCL AND COMPONENTS CHOLAFIN 900.40 -3.68 FINANCIAL SERVICES-NBFC
INDIANHUME 360.00 -0.83
INFRA-CONSTRUCTION ENGINEERING AND
MATERIALS DWARKESH 277.15 -3.68 FMCG-SUGAR
CERA 1899.90 -0.86 REALTY-HOUSEHOLD KCPSUGIND 27.50 -3.68 FMCG-SUGAR

4. Hot Picks of the Day
Indian Hume Pipe- Invest in the Shining Multibagger
Indian Hume Pipe is one of the multibagger stocks that Dynamic Levels picked out of top
500 stocks list for this month.
What is a Multibagger?
These stocks are selected based on our technical as well as fundamental research, traded in
very high volumes. It has been observed historically that these companies multiply their
earnings per share every year.
Why Knowing The Levels In Bank Nifty Stocks Are Vital?
Ever since the weekly Bank Nifty contracts are introduced by NSE, derivative markets
are witnessing a lot of Volatility. Hence it has become extremely important to keep an
eye on the Bank Nifty Levels and high weighted stock levels in the Index to catch hold of
the day to day trend of the market.
Post Note Ban, PSU Bank Faced a Drop in Loan Demand
Since the time Prime Minister Narendra Modi’s demonetization hit the country on 8th
November, there was a drop in demand for retail loans, including home loans. For public
sector lenders, average daily enquiries for retail loans between 9 and 30 November
slipped nearly half of what they were in the first eight days of the month.
Shares of NBFC crashes in the Course of 10 Days
Shares of non-banking finance companies (NBFCs) crashed further after it was reported
that the Maharashtra government will form a special investigation team (SIT) in order to
investigate violations of norms by microfinance companies.
Centre To Miss 1st April Deadline On GST?
Amid the Demonetization cloud still hovering over the Indian Financial Sky, it looks
like the centre is likely to miss the self-imposed deadline of 1st
April, 2017 to roll out the
Goods and Services Tax (GST) even as the GST Council on Thursday talked of reaching
a “broad consensus” on the draft central law or Central GST.

5. Shares of Balmer Lawrie dipped by more than 6 per cent intraday, to reach an intraday
low of Rs 234.40 within the first few minutes of today’s trading session. The intraday
high so far is Rs 251.60. A total of 1,53,420 shares of the company have been traded on
NSE for a total value of Rs 371.15 lacs by 9.35 AM.
According to an update on 22nd
December 2016, Shares of Balmer Lawrie will turn ex-
bonus on Monday. Its board had recommended issuance of bonus shares in the ratio of
3:1 (three bonus shares for every one equity share held by the shareholders). Investors
who wish to receive the bonus shares were given the opportunity to buy the stock by
Friday, as the company has fixed 27th
December as the record date. In the year 2013,
Balmer Lawrie had announced three bonus shares for every four held in the company.
Balmer Lawrie is a Mini-Ratna-I Public Sector Enterprise, which is under the Ministry of Petroleum & Natural Gas of
India. It has six Strategic Business Units namely Industrial Packaging, Greases & Lubricants, Leather Chemicals,
Travel & Vacations, Logistics and Refinery & Oil Field Services, with offices spread across the country and abroad.
The company has grown enormously in the last 149 years and is currently one of the market leaders in Steel Barrels,
Industrial Greases & Specialty Lubricants, Corporate Travel and Logistics Services.
Currently Balmer Lawrie share price is trading at Rs 249.75, 4.91 per cent or 12.90 points. The share price opened at
Rs 245.00 from the last closing price of Rs 1,050.65 (before the bonus issue on Friday).
Sasken share price dipped 4 per cent after it was reported that it has received shareholders
approval for buyback of up to 28.24 lakh equity shares, at a price not crossing Rs 425 per
share for a total consideration of about Rs 120 crore.
On the NSE, so far 13,252 lakh shares were traded on the counter with a traded value of
Rs. 52.72 lakhs. The stock had hit a high of Rs 405.80 and a low of Rs 393 so far during
the day.
Sasken Communication Technologies Ltd., was incorporated in the year 1989. It is a Small
Cap company which has a cap of Rs. 733.78 (Cr) and operates in the Information
Technology sector.
Sasken Communication Technologies Ltd. key Products/Revenue Segments are Software Services which contributes
Rs 400.19 Cr to Sales Value (99.56 per cent of Total Sales) and Software Products which contributed Rs 1.74 Cr to
Sales Value (0.43 per cent of Total Sales)for the year ending 31st
Mar 2016.
For the quarter ended 30th
Sept 2016, the company has reported a Consolidated sales of Rs. 118.40 Cr., down -2.77
from last quarter Sales of Rs 121.78 Cr. and down -7.37 from last year same quarter Sales of Rs 127.81 Cr. Company
has reported net profit after tax of Rs. 9.58 Cr. in latest quarter.
Balmer Lawrie Share Price Dips Post Bonus Issue
re Price Surges 13% over Q2
Sasken Dips On Getting Shareholders Nod For Buyback
re Price Surges 13% over Q2
Sasken is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and
fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in
the long run.

6. Can fin homes share price tanked by more than 107.70 points. On the NSE, so far 66,444
shares were traded on the counter, with a traded value of Rs 1,004.47 lacs. The stock had hit
a high of Rs 1610.00 and a low of Rs 1476.75 so far during the day.
The stock hit a 52-week high of Rs 1,889.85 (18-OCT-16). The stock hit a 52-week low of
Rs 840.00 (12-FEB-16). The small-cap company has a market cap of Rs 4233.31 (Cr). Face
value per share is Rs 10.
Canara Bank proposed to bring down stake in its housing finance subsidiary Can Fin Homes
to 30 per cent as a part of strategy to exit non-core business. Apart from that, the bank also aspires to reduce its stake
by 70 per cent in unlisted Canbank Factors Ltd. As of now, Canara Bank holds 43.45 per cent stake in the housing
finance company whereas the rest 56.55 per cent is with public shareholders.
The Board has permitted the bank to float a Request for Proposal (RFP) for empanelling the investment bankers for
diluting the bank's stake of 70 per cent in Canbank Factors Ltd and of 13.45 per cent in Can Fin Homes Ltd. For the
quarter ended September 30, Can Fin Homes disclosed 55.6 per cent increase in net profit at Rs 55.06 crore against
that of Rs 35.38 crore in the same quarter of 2015-16. Total income from operations swelled 26.2 per cent to Rs 332.31
crore during July-September of 2016-17 as against Rs 263.38 crore in the year-ago period.
Welspun Enterprises share price advanced 6.5 per cent intraday Monday since it is going
to divest its stake in Welspun Energy. Meanwhile, the BSE Sensex was down 230.23
points, or 0.88%, to 25,810.47.
The company has, subject to the approval of the members of the company, approved sale
of its entire investment of 6,04,93,342 equity shares (15.49 per cent) in the paid up equity
share capital of Welspun Energy. As against its investment of Rs 91.1 crore, the stake is
suggested to be sold to Welshop Trading, for a consideration of around Rs 290 crore plus
contingent consideration, hence implying over 3x returns to the company on its
investment.
Also, other than buying out Welspun Enterprises' stake, Welshop Trading, part of Welspun Group, has decided to buy
out the stake of other shareholders in Welspun Energy at equivalent consideration. The MD OF Welspun Enterprises,
Sandeep Garg, is of the view that with the help of this transaction, the company will continues its journey of
consolidation and value creation for all its stakeholders by upgrading their focus on core businesses. This deal will
further uplift their balance sheet and cash reserve, which has set a stronger platform for future growth.
On the NSE, so far 12,78,577 lakh shares were traded On the counter, compared with average daily volumes of 1.23
lakh shares in the past one quarter. The stock had hit a high of Rs 62.95 and a low of Rs 60.00 so far during the day.
Welspun Enterprises share price had outperformed the market for the past 30 days till 23 December 2016, rising 3.03
per cent as compared with the 0.70 per centrise in the Sensex. The scrip had also underperformed the market in past
one quarter, falling 7.47 per cent as against Sensex's 9.17 per cent decline.
Can Fin Homes Share Price Quotes Lower At 7%
re Price Surges 13% over Q2
Welspun Enterprises Up On Divesting Stake In Welspun Energy
re Price Surges 13% over Q2

7. Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal
views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment
while making investment decision.
Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment
Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX &
NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with
whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their
observations have issued advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:
 Do not have any financial interest / any actual/beneficial ownership in the subject company.
 Do not have any other material conflict of interest at the time of publication of the research report
 Have not received any compensation from the subject company in the past twelve months
 Have not managed or co-managed public offering of securities for the subject company.
 Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
 Have not served as an officer, director or employee of the subject company
Report Prepared By:
Mayank Jain - NISM-201500086427
Vikash Kandoi - NISM-201500086430