Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of India (RBI). Foreign Institutional Investors (FIIs) have bought shares worth Rs 5,992 crore ($977 million) till January 23, while bought debt worth Rs 15,336 crore ($2.5 billion) taking the total investment to Rs 21,328 crore ($3.45 billion), latest data with Central Depository Services Ltd (CDSL) showed.

2. TECHNICAL VIEW
MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS
NIFTY 8757 8512 8387 7969
BANK NIFTY 19049 18874 18681 17320
NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
8957 8853 8801 8749 8645
WEEKLY R2 R1 PP S1 S2
9395 8963 8474 8351 8099
MONTHLY R2 R1 PP S1 S2
9648 9026 8715 8404 7782
BANK NIFTY PIVOT REPORT
DAILY R2 R1 PP S1 S2
19357 19039 18880 18721 18403
WEEKLY R2 R1 PP S1 S2
20495 19332 18751 18170 17007
MONTHLY R2 R1 PP S1 S2
20968 19450 18691 17932 16414
NSE EQUITY DAILY LEVELS
COMPANY NAME R3 R2 R1 PP S1 S2 S3
ACC EQ 1688 1661 1646 1633 1618 1605 1577
ALBK EQ 111 107 106 104 102 100 96
AMBUJACEM EQ 265 261 259 257 255 253 249
ASIAN PAINT EQ 891 872 864 853 845 834 815
AXISBANK EQ 586 577 571 568 562 559 550
BAJAJ-AUTO EQ 2149 2120 2106 2092 2078 2063 2035

3. BANKBARODA EQ 182 177 175 173 171 169 164
BANKINDIA EQ 230 223 221 217 214 210 203
BHEL EQ 244 239 236 234 231 229 224
BHARTIARTL EQ 433 420 415 408 402 395 383
CIPLA EQ 747 725 712 703 690 681 659
COALINDIA EQ 399 393 390 387 384 380 374
DLF EQ 168 163 160 159 156 154 150
DRREDDY EQ 3968 3866 3823 3765 3722 3663 3562
GAIL EQ 413 405 402 398 394 390 383
GRASIM EQ 3886 3836 3812 3782 3760 3730 3678
HCLTECH EQ 1007 985 972 964 950 942 920
HDFC EQ 1344 1319 1304 1293 1278 1267 1242
HDFCBANK EQ 1051 1044 1041 1037 1034 1030 1023
HEROMOTOCO EQ 2624 2606 2595 2588 2577 2570 2552
HINDALCO EQ 142 140 138 137 135 134 132
HINDUNILVR EQ 972 955 949 938 933 922 905
ICICIBANK EQ 322 320 319 318 317 316 314
ITC EQ 353 350 348 346 345 343 340
INDUSIND BANK EQ 962 953 947 944 938 935 925
INFY EQ 2275 2251 2236 2227 2212 2203 2179
JINDALSTEL EQ 163 160 158 156 155 153 150
KOTAKBANK EQ 1443 1429 1421 1415 1407 1402 1388
LT EQ 1795 1787 1782 1779 1774 1770 1762
M&M EQ 1319 1292 1276 1266 1249 1239 1213
MRF EQ 42205 41853 41702 41501 41350 41149 40797
MARUTI EQ 3719 3691 3674 3663 3646 3635 3607
ONGC EQ 317 314 312 311 309 308 306
ORIENTBANK EQ 231 225 223 220 218 215 210
RANBAXY EQ - - - - - - -
RCOM EQ 78.48 75.73 74.52 72.98 71.77 70.23 67.48
RELCAPITAL EQ 470 463 456 453 449 442 435
RELIANCE EQ 934 920 915 906 900 892 878
RELINFRA EQ 489 482 478 474 471 467 460
RPOWER EQ 64.27 63.07 62.58 61.87 61.35 60.67 59.47
SSLT EQ 208 204 202 200 199 196 193
SBIN EQ 295 290 287 285 282 280 275
SUNPHARMA EQ 1174 1150 1140 1126 1116 1102 1078
TATAMOTORS EQ 579 568 560 556 549 545 533
TATAPOWER EQ 82.90 81.35 80.70 79.80 79.15 78.25 76.70
TATASTEEL EQ 355 350 348 346 344 341 336
UNIONBANK EQ 166 164 163 162 161 159 156
COMPANY NAME R3 R2 R1 PP S1 S2 S3

4. NSE WEEKLY NEWS UPDATE
✍ FIIs inflow reaches Rs 21,000cr so far in January
Overseas investors have pumped in a staggering over Rs 21,000 crore in Indian capital markets
since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of
India (RBI). Foreign Institutional Investors (FIIs) have bought shares worth Rs 5,992 crore
($977 million) till January 23, while bought debt worth Rs 15,336 crore ($2.5 billion) taking
the total investment to Rs 21,328 crore ($3.45 billion), latest data with Central Depository
Services Ltd (CDSL) showed.
✍ Adlabs Imagica and Aquamagica exceed 1 million visitor mark in FY 2014-15
Adlabs Imagica, India’s first and only International standard Theme Park and the recently
opened water nation Aquamagica celebrate the milestone record of exceeding 1 million visitor
arrivals in the Fiscal Year 2014-15. The Theme Park and Water Park have entertained guests
with unique and never seen before experiences in the magical land created by Adlabs
Entertainment Ltd.With growing popularity across the country, this summer Adlabs
Entertainment Ltd. is all set to invite holiday - goers to their one-of-its-kind complete
entertainment destination. Visitors can experience Imagica, Aquamagica and adding to the
destination is the soon to open Novotel Imagica Khopoli that will have 287 rooms coupled with
various other attractive facilities during their visit.
✍ EPFO updates 15.5 crore accounts on 1st April itself
For the first time, in the history of Employees' Provident Fund Organisation (EPFO), accounts
of all EPF members have been updated on 1st April itself. Bandaru Dattatreya, Union Minister
of State (IC), Minister of Labour & Employment, has complimented EPFO for achieving this
major mile stone on the first day itself of the financial year (2015-16). Dattatreya stated that the
process on April 1, 2015 has updated 15.54 crore member accounts. Earlier this work used to
take years. The exercise has also enabled EPFO to know the status of inoperative and active
accounts in a fairly reasonable manner. It has been found that 6.56 crore accounts are active,
8.08 crore accounts are inoperative and 89.58 lakh accounts are already settled. It also emerged
that accounts belong to 6.31 lakh establishments. The Chief Provident Fund Commissioner
(CPFC), KK Jalan and his team of officers were working hard for the last two months to make
this unique feat possible and successful. One hundred and twenty field offices also worked hard
to ensure that all legacy pending cases were sorted out before hand so that accounts updation
becomes easier. It was only during 2014-15 that more than 99% of accounts were updated
before the due date, i.e. September 30 of the financial year. In earlier years, the work used to
take years for getting it completed.

5. ✍ SEBI revises FII limit for $-Re pair in F&O
The SEBI has increased the limits in the rupee-dollar currency pair for foreign portfolio
investors (FPIs) in the currency derivatives segment (for both long and short positions) from
$10 million to $15 million without having any underlying exposure.
SEBI in a notification on Wednesday said, “FPIs may take long as well as short positions per
stock exchange upto the following limit without having to establish the existence of any
underlying exposure:
✍ (i) USD-INR currency pair: USD 15 million;
✍ (ii) EUR-INR, GBP-INR and JPY-INR currency pairs (all put together): USD 5
million”
SEBI further said, “FPIs shall ensure that their short positions at a stock exchange across all
contracts in USD-INR pair do not exceed USD 15 million and do not exceed USD 5 million in
EUR-INR, GBP-INR and JPY-INR pairs, all put together.” In the event a FPI breaches the short
position limit, stock exchanges shall restrict the FPI from increasing its existing short positions
or creating new short positions in the currency pair till such time FPI complies with the said
requirement. To take long positions in excess of USD 15 million in USD-INR pair and in
excess of USD 5 million in EUR-INR, GBP-INR and JPY-INR pairs, all put together, FPIs
shall be required to have an underlying exposure in Indian debt or equity securities, including
units of equity/debt mutual funds. F&O total turnover stood at Rs 1,81,220.87 crore on April 8
and the total number of contracts traded on the day were 71,37,137.
✍ MFs report net inflows of Rs. 183.65bn in Feb: SEBI -
Mutual funds saw net inflow of Rs. 18,365 crore in February 2015 as compared to a net inflow
of Rs. 1,06,878 crore in January 2015, according to SEBI Bulletin published for the month of
February. Private sector mutual funds witnessed inflow of Rs. 13,212 crore in February 2015 as
against Rs. 91,162 crore in January 2015. Public sector mutual funds reported inflow of Rs.
5,154 crore in February as compared to Rs. 15,716 crore in January 2015. S&P BSE Sensex
closed at 29361.5 on February 28, 2015, as against 29,183 on January 30, 2015, registering an
increase of 31.2 points (0.6 percent). During February 2015, Sensex recorded an intraday high
of 29,560.3 on February 28, 2015 and an intraday low of 28,044.5 on February 10, 2015. CNX
Nifty closed at 8,901.8 on February 28, 2015 compared to 8,808.9 on January 30, 2015
indicating an increase of 32.8 points (1.1 percent). During February 2015, Nifty recorded an
intraday high of 8,941.1 on February 28, 2015 and an intraday low of 8,470.5 on February 10,
2015.

6. ✍ SEBI to look for possibility of strategy-based derivative contracts -
The Securities and Exchange Board of India (SEBI) is considering the possibility to allow
strategy-based derivative trading, according to a media report. The objective is to help bring in
various new products in the derivative trading segment, the report added. The new proposal,
which is in early stage of consideration, involves allowing derivative contracts based on an
investment strategy linked to different asset classes and different macro-economic and other
factors, the report further said. A derivative is a security whose price is dependent upon or
derived from one or more underlying assets. The derivative itself is merely a contract between
two or more parties. Its value is determined by fluctuations in the underlying asset. The most
common underlying assets include stocks, bonds, commodities, currencies, interest rates and
market indexes.
✍ Inox Wind ends flat
Inox Wind closed flat to Rs. 438 this morning on the second day of trade on the bourses
following strong fund action at the counter
According to reports, Reliance Capital Mutual Fund yesterday bought 13 lakh shares at Rs. 410
per share, and RG Capital purchased 12.39 lakh shares at Rs. 430 per share. The stock has hit a
high of Rs 452 and a low of Rs 433. Total traded quantity on the counter stood at over 15.20 lk
shares.
✍ Inox Wind debuts at 23% premium
Inox Wind listed at Rs. 400 a premium of 23 percent when compared to its issue price of Rs.
325.
The company's Rs. 700 crore IPO (Initial Public Offer) was subscribed over 18 times. The
company further allocated shares worth Rs. 306 crore to anchor investors, thus taking the total
issue size to over Rs. 1,000 crore.
The stock so far has seen trades of around 998,000 shares on the BSE, and there are pending
buy orders for over 125,000 shares at Rs. 400.
Shares of Gujarat Flurochemicals the promoter company of Inox Winds are up 0.6 percent at
Rs. 757.
Meanwhile, the Sensex has slipped into red and is now down 85 points at 28,623.

7. ✍ Adlabs Entertainment lists 10% lower on debut
Shares of Adlabs Entertainment listed at Rs 162, 10% below its issue price of Rs 180, on NSE.
The stock hit high of Rs 194 and a low of Rs 155.The issue was subscribed 1.09 times. Adlabs
had revised price band at Rs 180 -215 a share versus earlier band of Rs 221-230 a share.
✍ Kotak Mahindra Bank revises base rate; ends 1.8% up
Kotak Mahindra Bank has reduced its Base Rate from current level of 10% p.a to 9.85% p.a
with effect from 16th April 2015. All the categories of loans (other than the exceptions
permitted by RBI) will be priced with reference to the revised Base Rate. Shares of Kotak Bank
gained 1.8% higher at Rs. 1,446 on BSE today. The stock has hit a high of Rs. 1,454 and a low
of Rs. 1,411 on BSE today. Total traded quantity on the counter stood at over 0.63 lk shares on
BSE. On Monday, the benchmark BSE Sensex started the day with a positive gap of 76-odd
points at 28,955 on the back of better-than-expected IIP numbers and finally ended with a gain
of 165 points at 29,044.
✍ KNR Constructions bags order worth Rs. 729 crores for upgradation of roads
KNR Constructions has been awarded by Project Director, Tamil Nadu of Rs. 729 crore from a
Tamil Nadu government undertaking for upgradation of roads. The company said its first order
is for developing "Kanchipuram -Vandavasi road and Sdras -Chengalpattu -Kancheepuram
-Arakonam -Thiruthani road" which is to be completed within a period of 36 months from the
appointed date. The second project is for upgrading "Arcot Villupuram Road" which is to be
completed within a period of 42 months and the third order is for "upgrading
Malliyakarai-Rasipuram-Thiruchengode-Erode Road" from the appointed date .
✍ Top corporate news of the day - April 07, 2015
Cairn India has filed a writ petition in the Delhi High Court against Rs204.9bn tax demand
from the government.
Bajaj Auto reported 22% slide in overall two-wheeler volumes in March at 209,937 units as
against 270,578 units sold in the same month last year.
KEC International Ltd has won new orders worth Rs15.65bn under its transmission and
distribution and cables businesses.
MOIL Ltd slashed prices of various grades of manganese ore by up to 25% for the April-June
quarter.

8. Larsen & Toubro said its construction arm has bagged orders worth Rs 54.92bn across various
segments in March.
Maruti Suzuki India it sold 62,996 factory-fitted CNG vehicles in the last financial year
(2014-15), a growth of 23% over the previous year.
Oil Ministry has allowed national oil companies ONGC and Oil India Ltd to sell any new
natural gas supplies from their small and isolated fields through an open tender.
NTPC is looking at bringing its coal import bill to 'zero' in the next five years and will rely on
the fossil fuel made available by Coal India and the company's own mines.
Ramky Infratructure Limited through a joint venture with TK Engineering Consortium has
announced that it has bagged a road project worth Rs8.29bn in Assam.
Canara Bank is looking at raising Rs15.20bn from Life Insurance Corporation of India (LIC)
by making a preferential allotment of 40mn equity shares.
SAIL, Tata Steel and other players in the sector today inked a pact with the government for
setting up a research and development body SRTMI with an initial corpus of Rs2bn.
Mahindra & Mahindra has acquired 450 acres land at Cheyyar in Thiruvannamalai district in
Tamil Nadu to set up a greenfield automobile plant. The company would invest about Rs40bn
in this plant in two phases.
The Aditya Birla Group is working on a restructuring plan to bring all its retail verticals under
Pantaloon Fashion & Retail in a move to unlock value and accrue synergy benefits for the
business.
Oil and Natural Gas Corporation has reversed a seven-year decline in its crude oil
production, showing a marginal increase in output in 2014-15.
Srei Equipment Finance proposed to raise up to Rs2.5bn through a public issue of redeemable
non-convertible debentures with an option to retain oversubscription of additional amount up to
Rs5bn.
Vedanta Group company Sesa Sterlite Ltd said the company has completed the merger of its
subsidiary Sterlite Infra with itself.
Jet Airways welcomed the decision of the US Federal Aviation Administration (FAA) to
restore India's aviation safety ranking to category 1, which paves the way for the airline to

9. expand its operations in the US market.
NTPC is planning to acquire a plant with up to 4,000 MW capacity for about Rs200bn. The
company is in talks with two-three firms, including stranded projects of private companies, and
they are at advance stages.
Power Grid Corp said the call to implement the proposed Rs30bn undersea power
transmission link has to be taken by Sri Lanka.
In the wake of Russia banning imports of dairy products from Europe, Parag Milk Foods is
looking to tap cheese exports to Russia.
Within three months of its launch, Vistara, a joint venture of Singapore Airlines and Tata
Group announced the start of Delhi-Pune-Delhi flight. The airline will operate this flight on a
daily basis.
Aurobindo Pharma Ltd has received final approvals from the US Food & Drug
Administration (USFDA) to manufacture and market Atracurium Besylate Injection, 10mg/mL,
5mL single-dose vials and 10mg/mL, 10mL multi-dose vials.
Cipla Ltd has entered into an agreement to acquire 100% stake in Brazil’s Duomed Produtos
Farmaceuticos Ltda, for about Rs260mn.
RIL's telecom arm Reliance Jio Infocomm has launched its own instant messaging and calling
application 'Jio Chat'.

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