India Equity Analytics in Narnolia Securities Limited Daily Dairy 3.1.2014
1. 3rd Jan 2014
MARKET DIARY
SGX NIFTY : 6203 (
55pts Down )
Quote of The Day
"Even the intelligent investor is likely to
need considerable willpower to keep
from following the crowd."
Benjamin Graham
MARKET
Name
Sensex
Nifty
DOW
NASDAQ
CAC
Value
20888.32
6221.15
16441.35
4143.07
4227.28
Change
(252.15)
(80.50)
(135.31)
(33.52)
(68.67)
DAX
FTSE
NIKKIE
HANG SENG
9400.47
6717.91
(152.12)
(31.18)
Chart of the Day
Indian HSBC Manufacturing PMI Trend
Closed
22955.45
(385.05)
EW ALL SHARE
10045.97
32.62
INSTITUTIONAL TURNOVER
FII
Investor
Sale(Cr.)
Net(Cr.)
2nd Jan, 14
2396.16
1,722.11
674.05
Jan,14
2014
Index Action-Nifty (2nd Jan, 14)
Buy(Cr.)
2621.28
2621.28
1,937.07
1,937.07
684.21
684.21
DII
Investor
Contents
Economic calendar
Page
4
Coverage
UPDATE
News
3
UPDATE
Derivative Research
2
UPDATE
UPDATE
Sale(Cr.)
Net(Cr.)
2nd Jan, 14
Jan,14
2014
Index
Buy(Cr.)
914.67
2621.28
2621.28
1,104.42
1,937.07
1,937.07
(189.75)
684.21
684.21
COMMODITY PRICE
COMMODITY/CURRENCIES
Value
GOLD
28975.00
SILVER
45431.00
CRUDEOIL
108.22
↑
↑
↑
COPPER
NATURALGAS
469.50
269.90
↑
↑
DOLLAR/RS.
EURO/RS.
POUND/RS.
62.26
85.12
102.53
↑
↑
↑
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 Jan 2014 Future
6221.15(-80.15)
6255
Nifty Feb 2014 Future
Nifty Jan 2014 Open Interest
6298
19310900
Nifty Feb 2014 Open Interest
7 DMA of Spot Nifty
21 DMA of Spot NIfty
50 DMA of Spot Nifty
VOLATILITY INDEX (VIX)
PUT CALL RATIO
1200300
6282
6251
6192
GRAPH
16.55(+0.97)
0.92
Nifty (Jan Series) Option OI Distribution:
Index Outlook
Activity of Nifty (Jan Series) Strike
CALL
OI
% Chng
6000
870400
9.9
6100
860050
-2.7
6200
1426050
23.6
6300
3207750
21.5
6400
3864400
3.6
6500
5044150
8.2
Fresh Long Seen In (Rising OI -Rising Price)
Scrip
OI
OI ch%
OFSS
2,78,375
12.8
MARUTI
35,36,000
5.4
HAVELLS
4,50,000
4.5
ASHOKLEY
251,10,000
1.9
RANBAXY
111,38,000
0.7
RISE IN PCROI
STOCK
T1
ABIRLANUVO
0.24
SYNDIBANK
0.41
MRF
0.50
ARVIND
0.66
JSWSTEEL
1.22
FIIs Activity (Fig in Cr)
Segment
PUT
OI
Buy
Sell
Net
% Chng
2957600
3281850
3679100
3521350
1306300
705650
CMP
3288.0
1769.4
796.1
17.7
462.8
T2
0.08
0.17
0.25
0.44
0.82
2.0
8.1
-1.3
-15.8
-5.5
0.5
Ch%
0.4
0.3
0.6
2.9
0.1
INDEX FUTURE
INDEX OPTION
STOCK FUTURE
STOCK OPTION
TOTAL
76
1,739
324
263
2,402
Fresh Shorts Seen In: (Rising OI -Falling Price)
Scrip
OI
OI ch%
ADANIENT
41,74,000
15.2
NTPC
243,00,000
14.1
IDEA
117,88,000
13.2
SUNTV
26,88,000
10.3
COALINDIA
87,01,000
8.1
FALL IN PCROI
STOCK
T1
PFC
0.5
INDUSINDBK
1.0
POWERGRID
0.6
RECLTD
0.4
HAVELLS
0.1
91
1,186
300
264
1,842
CMP
255.3
135.0
160.5
367.0
283.0
T2
0.7
1.3
0.8
0.7
0.1
(15)
553
24
(1)
560
Ch%
-5.0
-2.2
-4.6
-4.4
-3.0
3. Markets Snapshot
Top Price Performers
Top Performers
Top Performers 1D
% Change
Top Performers 1W
% Change
MBLINFRA
19.38
UBHOLDINGS
48.94
1M
MLKFOOD
% Change
WINSOMEDJ
13.93
SIGRUN
45.45
DQE
106.80
ORBITCORP
BPL
12.91
11.25
CRESTANI
MAVENSBIO
37.09
35.62
MCDHOLDING
RAMSARUP
89.96
88.89
SIMPLEX
9.95
KAVVERITEL
34.24
SVCRES
86.82
113.29
Worst Price Performers
Worst Performers
1D
% Change
Worst Performers
1W
% Change
Worst Performers
1M
% Change
CMAHENDRA
(12.94)
GLOBALCA
(39.89)
STAR
(56.45)
ONMOBILE
(10.81)
BIHARSPONG
(20.42)
GLOBALCA
(43.18)
DBREALTY
(10.71)
INDINFO
(18.41)
KINETICENG
(37.27)
RAMANEWS
(10.29)
SCANPGEOM
(18.16)
CURATECH
(33.69)
GLOBALCA
(10.00)
ONELIFECAP
(17.68)
INDINFO
(32.84)
Top News :
• HCC has received a Letter of Award from IRCON International Ltd for Construction of One Tunnel and Two bridges between Aprinchala and
Sumber Stations on Dharam and Qazigund Section of the Udhampur-Srinagar-Baramulla New Broad Gauge Railway Line Project in Jammu &
Kashmir. The value of the contract is Rs. 442.52 Crore. The project will be completed in 48 months. The order is 5.25% of sales .
• Eicher Motors Dec 2013 Auto sales : -30.4 % ( YoY ) , +25.5 % ( MoM ) . TATA Motors Dec 2013 Auto sales : - 42.3 % ( YoY ) , -7.4 % ( MoM )
.TVS Motors Dec 2013 Auto sales : 2.1 % ( YoY ) , -1.5 % ( MoM ) . Escorts Agri Machinery tractor Volumes sells is degowth ( -3.7% ) ( 3,852
tractors in December 2013 Vs 4006 tractors in December 2012). ssangyong Motors Dec 2013 Auto sales : +11.8 % ( YoY ) , -5.4 % ( MoM ) .
• Alstom T&D India has secured an order worth Rs 544 million for a turnkey 220kV Air-Insulated substation at Bihta and associated
220/132/33kV bays extensions at various locations for Bihar State Power Transmission Company Limited (BSPTCL) in Bihar
• Kirloskar Brothers Ltd has informed that Kirloskar Brothers International B.V. Netherlands, a wholly owned subsidiary of the Company, has
acquired balance 40% holding in Kirloskar Brothers Europe B.V. Netherlands . As a result, Kirloskar Brothers Europe B.V. has now become 100%
subsidiary of Kirloskar Brothers International B.V.
• Dhanuka Agritech's Credit Rating upgraded by ICRA Limited. Long-term rating of the Company has been upgraded from A to A+ for Rs. 50.0
crores fund based facilities. ICRA has also upgraded the short-term rating from A1 to A1+ for Rs. 50.0 crores non-fund based limits of Company
• The euro zone’s manufacturing purchasing managers’ index held steady at a 31-month high of 52.7 in December, unchanged from a
preliminary reading and up from 51.6 in November.
• U.K. manufacturing PMI fell to a seasonally adjusted 57.3 last month from a reading of 58.1 in November. Analysts had expected the
manufacturing PMI to ease down to 58.0 in December.
• The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, fell to 50.7 in December from 51.3 in the previous month.
The index, which gauges business activity in Indian factories but not its utilities, spent three months below the 50 mark that separates growth
from contraction before rising above it in November.
• China's final HSBC/Markit manufacturing Purchasing Managers' Index (PMI) slipped to 50.5 in December from 50.8 in November, unchanged
from a preliminary reading.
• Italian manufacturing purchasing managers’ index rose to a seasonally adjusted 53.3 last month from a reading of 51.4 in November.
Analysts had expected the index to rise to 51.8 in December.
4. Management Tweets
• Kolte-Patil Mgt Guideline : Slamming the Maharashtra Government’s decision to hike ready reckoner rates by 20 percent with effect from
January 1, 2014, Kolte-Patil , expects property prices to rise by 2-3 percent. A day after the Government announced the rate hike ,
developers will have to pay higher stamp duties and premiums now, thereby causing the property rates to hike.Ready reckoner rates are
calculated using the built-up area of a property and are used to determine its market value. Before 2008, it used to be calculated using the
carpet area. On how the sales trajectory has been for the company, Mgt says the sales in December in Pune were far better than November
as properties below Rs 1 crore still have robust demand.
• Delta Corp Mgt Guideline : The company is in the process of starting a five-star hotel in Daman that will also play host to a casino. Mgt said
earnings in the current year have grown about 60 percent and that for the full year, numbers would be better than estimates. Delta, which
owns three offshore casinos in Goa, logged a half-yearly operating profit of Rs 107 crore on sales of Rs 409 crore in FY14.
• Sangam India Mgt Guideline : Company said that its promoter group company has bought 16.35 lakh shares at Rs 30 per share increasing
their stake upto 42.8 percent in the company. Shares of the company inched around 8 percent to close at Rs 40.95 on Thrusday. Mgt expects
further promoter buying as the stock is under-valued and the company will use this opportunity to consolidate its stake through creeping.
Economic Calendar
Monday
30-Dec
Tuesday
31-Dec
US
S&P/CS Composite-20 HPI y/y ,
Pending Home Sales m/m .
Chicago PMI
UK/EURO
ZONE
Housing Equity Withdrawal q/q
Wednesday
1-Jan
Thursday
2-Jan
Retail PMI
Friday
3-Jan
Unemployment Claims , Final Manufacturing
Crude Oil Inventories , Total Vehicle Sales
PMI , ISM Manufacturing PMI , Construction
, Natural Gas Storage .
Spending m/m .
Spanish Manufacturing PMI , Italian
Manufacturing PMI , Manufacturing PMI .
INDIA
Auto sales no .
Spanish Unemployment Change , M3
Money Supply y/y , Private Loans y/y ,
Construction PMI , BOE Credit Conditions
Survey , Net Lending to Individuals m/m .
Auto sales no .HSBC manufacturing PMI data
Result Calendar Q3FY14
BSE Code
Company Name
Date
BSE Code
Company Name
Date
532131
514358
536709
502700
532857
507488
521248
532187
500209
506894
509567
507984
517326
500086
520066
500266
532978
500034
532977
500490
Triumph Intl
Everlon Syn
VAK POW INF
Arunoday Mills
Glory Polyfilms
GM Breweries
Kitex Garments
Indusind Bank
Infosys
Chemfab Alk
Goa Carbon-$
SER Inds
CMC
Exide Inds
Jay Bharat Marut
Maharashtra Scoot
Bajaj Finserv
BAJFINANCE
Bajaj Auto
Bajaj Holdings
3-Jan-14
4-Jan-14
4-Jan-14
7-Jan-14
7-Jan-14
7-Jan-14
9-Jan-14
10-Jan-14
10-Jan-14
11-Jan-14
11-Jan-14
11-Jan-14
13-Jan-14
13-Jan-14
13-Jan-14
14-Jan-14
15-Jan-14
15-Jan-14
16-Jan-14
16-Jan-14
500490
511288
532894
531841
532218
500180
500820
500411
533573
500010
531049
532652
533179
507598
505250
500165
500414
524038
522261
521038
Bajaj Holdings
Gruh Finance
Indowind Ener
Indus Finance Corp
South Indian Bank
HDFC Bank
Asian Paints
Thermax
Alembic Pharma
HDFC
Neelkanth Rock
Karnataka Bank
Persistent Sys
KLRF
GG Dandekar
Kansai Nerolac
Timex Group-$
Venlon Enter
Dolphin Offsh-$
Tamilnadu Jai
16-Jan-14
16-Jan-14
16-Jan-14
16-Jan-14
16-Jan-14
17-Jan-14
20-Jan-14
21-Jan-14
22-Jan-14
22-Jan-14
23-Jan-14
24-Jan-14
25-Jan-14
27-Jan-14
31-Jan-14
31-Jan-14
31-Jan-14
31-Jan-14
3-Feb-14
3-Feb-14
5. N arnolia Securities Ltd
402, 4th floor 7/ 1, Lord s Sinha Road Kolkata 700071, Ph
033-32011233 Toll Free no : 1-800-345-4000
em ail: research@narnolia.com ,
w ebsite : w w w .narnolia.com
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 from. The report/message is based upon publicly
available information, findings of our research wing “East wind” & 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.