Narnolia Securities Limited Market Diary 20.12.2013 Click here to read the full report: http://www.narnolia.com/index.php/fundamental-newsviews-today/market-diary

1. 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: research@narnolia.com, website : www.narnolia.com
1

2. 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

3. 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.

4. 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
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