See FIIs Activities like index future, index option, Stock future and Stock option in Narnolia Securities Limited Market Diary 22.1.2014. For more information visit our website http://www.narnolia.com/index.php/category/archieve/market-diary/
The document provides an overview of futures and options trading in India. It defines key terms like futures contracts, options, calls, puts, strike price, expiration date, premium etc. It explains how futures and options work, including the roles of buyers and sellers. It also outlines some advantages of futures trading like high leverage, ability to profit in rising and falling markets, and lower transaction costs compared to other investments. Finally, it provides a table showing the growth of index futures, stock futures, index options and stock options trading in India from 2000-2004 in terms of number of contracts, turnover and average daily turnover.
A summer training project report presentation ondimpishah1989
This document summarizes a presentation on derivatives, specifically futures and options, given at JM Financial Services Ltd. It provides an overview of JM Financial as a large Indian broking firm, introduces various derivative products like forwards, futures, and options. It describes how futures and options are traded on exchanges, including details on contracts, expiration cycles, and pricing. It also outlines the three main types of derivative traders - hedgers who minimize risk, speculators who bet on market movements, and arbitrageurs who profit from pricing discrepancies. The conclusion emphasizes how derivatives allow participants to convert unlimited risks to limited ones and serve as risk management tools.
The document discusses options contracts, including the key parties (buyer and seller), types of options (calls and puts), how option value is determined, and examples of calculating profit and loss for option buyers and sellers. It also defines important option terms and describes the main types of options - stock options, index options, currency options, and futures options.
Want to understand how options work but don\'t have time to go through books? Read this presentation I prepared with couple of my classmates for a case study in Advanced Finance at AIM
This document provides an introduction to options, including the different types (calls and puts), how they work, key terminology, and factors that influence pricing. An option gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price on or before expiration. The buyer pays a premium to the seller for this right. Key terms discussed include strike price, expiration date, and long/short positions. Factors like time to expiration, volatility, and interest rates impact an option's price. The Black-Scholes model is commonly used to price options based on these variables.
A project report on overview of indian stock marketProjects Kart
The document provides an overview of the Indian stock market, including its history dating back nearly 200 years. It discusses the two major stock exchanges in India - the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). It provides details on the establishment of NSE in 1992 to modernize Indian stock trading, and its role in reforming practices and increasing trading volumes through electronic trading and settlement methods. Trading at NSE includes both wholesale debt and capital markets.
The document discusses various options trading strategies, including:
1) Buying call options to profit from an expected rise in the market. This strategy has unlimited upside potential but limited downside risk of the premium paid.
2) Buying put options to profit from an expected fall in the market. This also has unlimited upside potential and limited downside risk of the premium.
3) Holding stock and selling covered calls to generate income from the stock holding when a neutral market is expected. This caps upside potential in exchange for the option premium received.
The document explains the mechanics and risk-reward profiles of these and other options strategies through the use of diagrams and payoff tables.
The document provides several stock recommendations and analyses:
- It recommends buying RTNPOWER near Rs. 8.65, with price targets of Rs. 9.05 and Rs. 9.35, as the stock is rising in an impulse pattern and stochastic is supporting further gains.
- It recommends buying POLARIS near Rs. 207, as the stock has confirmed a wave 4 low and is expected to resume its impulse move, with price targets of Rs. 217.50 and Rs. 223.
- It recommends buying PRESTIGE near Rs. 249, as the stock has confirmed the low of a corrective wave 2 and is expected to rise in wave 3 of a major trend to price targets of Rs
The document provides an overview of futures and options trading in India. It defines key terms like futures contracts, options, calls, puts, strike price, expiration date, premium etc. It explains how futures and options work, including the roles of buyers and sellers. It also outlines some advantages of futures trading like high leverage, ability to profit in rising and falling markets, and lower transaction costs compared to other investments. Finally, it provides a table showing the growth of index futures, stock futures, index options and stock options trading in India from 2000-2004 in terms of number of contracts, turnover and average daily turnover.
A summer training project report presentation ondimpishah1989
This document summarizes a presentation on derivatives, specifically futures and options, given at JM Financial Services Ltd. It provides an overview of JM Financial as a large Indian broking firm, introduces various derivative products like forwards, futures, and options. It describes how futures and options are traded on exchanges, including details on contracts, expiration cycles, and pricing. It also outlines the three main types of derivative traders - hedgers who minimize risk, speculators who bet on market movements, and arbitrageurs who profit from pricing discrepancies. The conclusion emphasizes how derivatives allow participants to convert unlimited risks to limited ones and serve as risk management tools.
The document discusses options contracts, including the key parties (buyer and seller), types of options (calls and puts), how option value is determined, and examples of calculating profit and loss for option buyers and sellers. It also defines important option terms and describes the main types of options - stock options, index options, currency options, and futures options.
Want to understand how options work but don\'t have time to go through books? Read this presentation I prepared with couple of my classmates for a case study in Advanced Finance at AIM
This document provides an introduction to options, including the different types (calls and puts), how they work, key terminology, and factors that influence pricing. An option gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price on or before expiration. The buyer pays a premium to the seller for this right. Key terms discussed include strike price, expiration date, and long/short positions. Factors like time to expiration, volatility, and interest rates impact an option's price. The Black-Scholes model is commonly used to price options based on these variables.
A project report on overview of indian stock marketProjects Kart
The document provides an overview of the Indian stock market, including its history dating back nearly 200 years. It discusses the two major stock exchanges in India - the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). It provides details on the establishment of NSE in 1992 to modernize Indian stock trading, and its role in reforming practices and increasing trading volumes through electronic trading and settlement methods. Trading at NSE includes both wholesale debt and capital markets.
The document discusses various options trading strategies, including:
1) Buying call options to profit from an expected rise in the market. This strategy has unlimited upside potential but limited downside risk of the premium paid.
2) Buying put options to profit from an expected fall in the market. This also has unlimited upside potential and limited downside risk of the premium.
3) Holding stock and selling covered calls to generate income from the stock holding when a neutral market is expected. This caps upside potential in exchange for the option premium received.
The document explains the mechanics and risk-reward profiles of these and other options strategies through the use of diagrams and payoff tables.
The document provides several stock recommendations and analyses:
- It recommends buying RTNPOWER near Rs. 8.65, with price targets of Rs. 9.05 and Rs. 9.35, as the stock is rising in an impulse pattern and stochastic is supporting further gains.
- It recommends buying POLARIS near Rs. 207, as the stock has confirmed a wave 4 low and is expected to resume its impulse move, with price targets of Rs. 217.50 and Rs. 223.
- It recommends buying PRESTIGE near Rs. 249, as the stock has confirmed the low of a corrective wave 2 and is expected to rise in wave 3 of a major trend to price targets of Rs
The Indian equity markets ended the week on a mixed note, with the Sensex declining 0.89% while the Nifty closed 0.80% lower. Several companies such as Everest Industries, Emami, Gati, Visaka Industries, Equitas Holdings and Shoppers Stop have their concall scheduled for today. The markets will continue to watch out for developments around the French elections and movement in US bond yields.
- Indian equity indices gave sharp gains, with the Nifty closing at 9,407.30, up 0.97% led by gains in FMCG, auto and pharmaceutical stocks. Midcap and smallcap indices underperformed.
- Tea production in India fell 21% in March due to dry weather affecting major producing state Assam.
- High concentration of open interest at the 9,300 Nifty put option showed its strength, propelling the Nifty above 9,400.
1. HUDCO is a wholly-owned Indian government company with over 46 years of experience providing loans for housing and urban infrastructure projects.
2. The company's loan book has been growing at a CAGR of 7.5% over the last 4 years, and it is expected to benefit from initiatives like the Pradhan Mantri Awas Yojna aimed at increasing housing.
3. HUDCO is attractively priced at 1.4 times its book value, with a return on equity of 7.6%. The high capital adequacy ratio of 63.9% eliminates the risk of equity dilution in the near term.
INGVYSYA BANK: "BUY" 28th Mar 2014
- INGVYSYA Bank has not participated in recent market rally despite strong liability franchise and stable asset quality due to political uncertainty in Andhra Pradesh.
- Business is now normalizing as both the new states of Telangana and Seemandhra are witnessing improving economic activity.
- The stock is available at an attractive valuation of Rs. 680 per share, which implies a price to book value of 1.8 times for FY14.
Narnolia Securities Limited see Coal India at a attractive valuation to go long from the current dips. So we stick to our previous estimates with revised price premium and recommend Maintain Buy CIL at price dips with a revised target price of Rs.318/-. Which is ~13% upside from the current level.
Narnolia Securities Limited have raised our target price largely due to two factors –(1) margin and return ratio likely to improve from April quarter as permanagement and (2) price would settle at 3.2 times of FY14E book due to showing some positive upturn in economy and boost up of market sentiment. Narnolia Securities Limited recommend buy stock of Indusind bank price target of Rs.540
Jindal Steel & Power is undergoing $9 billion in steel and power expansion projects backed by resource availability and cash flows. Profitability depends on iron ore and coal prices, which are improving. The stock trades at 1.1x FY14 P/B. The analyst initiates coverage with a neutral rating and target price of Rs. 285, citing improving steel business fundamentals but challenging near-term profitability.
Narnolia Securities Limited cover Persistent System as one of the few companies in the tier-II with potential to grow revenue at a range of 18-20%. Considering the company’s premium valuation, we advice “Book Profit” on the stock. At a CMP of Rs 1059, stock trades at 13.4x FY15E earnings. Our view could be change with management guidance, higher currency flactuations and post earnings of coming quarter
1) TCS management commented on its Q4 FY2014 earnings call that revenue growth will be lower than the previous quarter due to weak seasonality, and margins will decline 40-50 bps due to currency movements and higher investments.
2) However, the outlook for FY2015 is positive as management expects robust demand and healthy growth across markets except India.
3) While Q4 growth may be lower than expected, TCS' strong fundamentals including a healthy deal pipeline and focus on emerging technologies support maintaining a "Buy" rating with a target price of Rs. 2510 per share.
Narnolia Securities Limited expect that the KPIT Tech company would report better earnings with margin ramp up and signing of larger deals in next couple of quarters. Now, we upgrade our view on the stock from “Neutral” to “Buy” with a price target of Rs 185. At a CMP of Rs 160, stock trades at 9.5x FY15E EPS.
Narnolia Securities Limited believe the ACC Limited stock's fundamental is still good and price too cheap also , but for the earning upgradation and revised target price we would like to see the 1st quarter earnings,hence we recommend Book Profit on the stock at a price range between Rs.1253 to Rs.1310. Also Hold the Stock of ICIC Bank. For more information please go through this PDF
Narnolia Securities Limited are positive to buy stock of Tata Steel Ltd, V-Guard Industries Ltd and Infosys with target prize Rs.401, Rs.525, Rs 3760 respectively. Also Book profit on Axis bank Stock
Considering management’s aggressive expansion in production capacity and marketing network, Narnolia Securities Limited believe company can deliver good growth in coming years. Further, we expect the company to benefit immensely from the subdued steel prices currently. Narnolia Securities Limited expect the benefit to flow in for the next coming quarters as well. We recommend a "Buy" rating on stock with price target of Rs. 105
HCL tech’s decent level of utilization, focused on cost control andutilization of new market opportunities through vendor’s consolidation would provide a new shape to the company in near future. Narnolia Securities Limited retain BUY onthe stockand revised our target price from Rs 1560 to Rs 1650.
Narnolia Securities Limited believe Bank of Baroda would rally more because of trading at lower side despite of index is running at all time high. But with this fundamental Bank of Baroda would trade in range of Rs.625 to Rs.700 depending upon sentiment as per our view.
The Prestige Estate has moved up form starting of CY12, peaked in May13, then went down gradulally. Narnolia Securities Limited do not recommend additional investment in this stock despite its gains in the current period.
Narnolia Securities Limited recommend on Dabur India Ltd “Buy” view on the stock with a target price of Rs206 as well as CAN FIN HOME stock with price target of Rs.220. Neutral view on DB CORP Share
Narnolia Securities Limited initiated Swaraj Engines Ltd stock CMP of INR 61, the stock discounts its FY14E EPS of Rs. 54.20 by 12.0x and FY15E EPS of Rs. 61.7 We advice to book profit on the stock and BUY rating to the stock of Hindustan Zinc LTD with a target price of Rs. 148
Narnolia Securities Limited initiated Swaraj Engines Ltd stock CMP of INR 61, the stock discounts its FY14E EPS of Rs. 54.20 by 12.0x and FY15E EPS of Rs. 61.7 We advice to book profit on the stock and BUY rating to the stock of Hindustan Zinc LTD with a target price of Rs. 148
Escorts reported strong tractor volume growth in February 2014, with domestic sales up 6.8% YoY to 4,581 tractors. The company remains positive on growth prospects in FY2014 and beyond, expecting demand to improve with economic recovery. While cautious on the construction equipment segment, analysts revised estimates and rating on Escorts from "Reduce" to "Buy" with a revised target price of Rs. 175. The positive tractor volume performance in CY2013 and expected further demand growth support maintaining a positive view on the stock.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
The Indian equity markets ended the week on a mixed note, with the Sensex declining 0.89% while the Nifty closed 0.80% lower. Several companies such as Everest Industries, Emami, Gati, Visaka Industries, Equitas Holdings and Shoppers Stop have their concall scheduled for today. The markets will continue to watch out for developments around the French elections and movement in US bond yields.
- Indian equity indices gave sharp gains, with the Nifty closing at 9,407.30, up 0.97% led by gains in FMCG, auto and pharmaceutical stocks. Midcap and smallcap indices underperformed.
- Tea production in India fell 21% in March due to dry weather affecting major producing state Assam.
- High concentration of open interest at the 9,300 Nifty put option showed its strength, propelling the Nifty above 9,400.
1. HUDCO is a wholly-owned Indian government company with over 46 years of experience providing loans for housing and urban infrastructure projects.
2. The company's loan book has been growing at a CAGR of 7.5% over the last 4 years, and it is expected to benefit from initiatives like the Pradhan Mantri Awas Yojna aimed at increasing housing.
3. HUDCO is attractively priced at 1.4 times its book value, with a return on equity of 7.6%. The high capital adequacy ratio of 63.9% eliminates the risk of equity dilution in the near term.
INGVYSYA BANK: "BUY" 28th Mar 2014
- INGVYSYA Bank has not participated in recent market rally despite strong liability franchise and stable asset quality due to political uncertainty in Andhra Pradesh.
- Business is now normalizing as both the new states of Telangana and Seemandhra are witnessing improving economic activity.
- The stock is available at an attractive valuation of Rs. 680 per share, which implies a price to book value of 1.8 times for FY14.
Narnolia Securities Limited see Coal India at a attractive valuation to go long from the current dips. So we stick to our previous estimates with revised price premium and recommend Maintain Buy CIL at price dips with a revised target price of Rs.318/-. Which is ~13% upside from the current level.
Narnolia Securities Limited have raised our target price largely due to two factors –(1) margin and return ratio likely to improve from April quarter as permanagement and (2) price would settle at 3.2 times of FY14E book due to showing some positive upturn in economy and boost up of market sentiment. Narnolia Securities Limited recommend buy stock of Indusind bank price target of Rs.540
Jindal Steel & Power is undergoing $9 billion in steel and power expansion projects backed by resource availability and cash flows. Profitability depends on iron ore and coal prices, which are improving. The stock trades at 1.1x FY14 P/B. The analyst initiates coverage with a neutral rating and target price of Rs. 285, citing improving steel business fundamentals but challenging near-term profitability.
Narnolia Securities Limited cover Persistent System as one of the few companies in the tier-II with potential to grow revenue at a range of 18-20%. Considering the company’s premium valuation, we advice “Book Profit” on the stock. At a CMP of Rs 1059, stock trades at 13.4x FY15E earnings. Our view could be change with management guidance, higher currency flactuations and post earnings of coming quarter
1) TCS management commented on its Q4 FY2014 earnings call that revenue growth will be lower than the previous quarter due to weak seasonality, and margins will decline 40-50 bps due to currency movements and higher investments.
2) However, the outlook for FY2015 is positive as management expects robust demand and healthy growth across markets except India.
3) While Q4 growth may be lower than expected, TCS' strong fundamentals including a healthy deal pipeline and focus on emerging technologies support maintaining a "Buy" rating with a target price of Rs. 2510 per share.
Narnolia Securities Limited expect that the KPIT Tech company would report better earnings with margin ramp up and signing of larger deals in next couple of quarters. Now, we upgrade our view on the stock from “Neutral” to “Buy” with a price target of Rs 185. At a CMP of Rs 160, stock trades at 9.5x FY15E EPS.
Narnolia Securities Limited believe the ACC Limited stock's fundamental is still good and price too cheap also , but for the earning upgradation and revised target price we would like to see the 1st quarter earnings,hence we recommend Book Profit on the stock at a price range between Rs.1253 to Rs.1310. Also Hold the Stock of ICIC Bank. For more information please go through this PDF
Narnolia Securities Limited are positive to buy stock of Tata Steel Ltd, V-Guard Industries Ltd and Infosys with target prize Rs.401, Rs.525, Rs 3760 respectively. Also Book profit on Axis bank Stock
Considering management’s aggressive expansion in production capacity and marketing network, Narnolia Securities Limited believe company can deliver good growth in coming years. Further, we expect the company to benefit immensely from the subdued steel prices currently. Narnolia Securities Limited expect the benefit to flow in for the next coming quarters as well. We recommend a "Buy" rating on stock with price target of Rs. 105
HCL tech’s decent level of utilization, focused on cost control andutilization of new market opportunities through vendor’s consolidation would provide a new shape to the company in near future. Narnolia Securities Limited retain BUY onthe stockand revised our target price from Rs 1560 to Rs 1650.
Narnolia Securities Limited believe Bank of Baroda would rally more because of trading at lower side despite of index is running at all time high. But with this fundamental Bank of Baroda would trade in range of Rs.625 to Rs.700 depending upon sentiment as per our view.
The Prestige Estate has moved up form starting of CY12, peaked in May13, then went down gradulally. Narnolia Securities Limited do not recommend additional investment in this stock despite its gains in the current period.
Narnolia Securities Limited recommend on Dabur India Ltd “Buy” view on the stock with a target price of Rs206 as well as CAN FIN HOME stock with price target of Rs.220. Neutral view on DB CORP Share
Narnolia Securities Limited initiated Swaraj Engines Ltd stock CMP of INR 61, the stock discounts its FY14E EPS of Rs. 54.20 by 12.0x and FY15E EPS of Rs. 61.7 We advice to book profit on the stock and BUY rating to the stock of Hindustan Zinc LTD with a target price of Rs. 148
Narnolia Securities Limited initiated Swaraj Engines Ltd stock CMP of INR 61, the stock discounts its FY14E EPS of Rs. 54.20 by 12.0x and FY15E EPS of Rs. 61.7 We advice to book profit on the stock and BUY rating to the stock of Hindustan Zinc LTD with a target price of Rs. 148
Escorts reported strong tractor volume growth in February 2014, with domestic sales up 6.8% YoY to 4,581 tractors. The company remains positive on growth prospects in FY2014 and beyond, expecting demand to improve with economic recovery. While cautious on the construction equipment segment, analysts revised estimates and rating on Escorts from "Reduce" to "Buy" with a revised target price of Rs. 175. The positive tractor volume performance in CY2013 and expected further demand growth support maintaining a positive view on the stock.
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
South Dakota State University degree offer diploma Transcriptynfqplhm
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South Dakota State University degree offer diploma Transcript
See FIIs Activities like index future, index option, Stock future and Stock option in Narnolia Securities Limited Market Diary 22.1.2014
1. 22th Jan 2014
MARKET DIARY
SGX NIFTY : 6312 (
14 pts Down )
Quote of The Day
"While enthusiasm may be necessary for
great accomplishments elsewhere, on Wall
Street it almost invariably leads to disaster."
MARKET
Benjamin Graham
Name
Sensex
Nifty
DOW
NASDAQ
CAC
Value
21251.12
6313.8
16414.44
4225.16
4323.87
Change
46.07
9.85
(44.12)
28.18
1.01
DAX
FTSE
NIKKIE
HANG SENG
9730.12
6834.26
15780.79
23059.54
14.22
(2.47)
(15.17)
26.42
EW ALL SHARE
10073.30
(3.44)
Chart of the Day
WPI Trend
INSTITUTIONAL TURNOVER
FII
Investor
Buy(Cr.)
Sale(Cr.)
Net(Cr.)
21th Jan, 14
2862.48
2,906.22
(43.74)
Jan,14
2014
Index Action-Nifty (21th Jan, 14)
40528.38
40528.38
38,842.10
38,842.10
1686.28
1686.28
DII
Investor
Contents
Derivative Research
News
Page
2
Coverage
UPDATE
3
UPDATE
Result Calendar
4 to 12
UPDATE
12
13
UPDATE
UPDATE
Result Q3FY14
Economic calendar
Sale(Cr.)
Net(Cr.)
21th Jan, 14
Jan,14
2014
Index
Buy(Cr.)
1031.91
14422.79
14422.79
850.41
17,087.94
17,087.94
181.50
(2665.15)
(2665.15)
COMMODITY PRICE
COMMODITY/CURRENCIES
Value
GOLD
29260.00
SILVER
44488.00
CRUDEOIL
107.40
↓
↓
↑
COPPER
NATURALGAS
461.30
273.40
↑
↑
DOLLAR/RS.
EURO/RS.
POUND/RS.
61.88
83.95
101.98
↑
↑
↑
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
2. Derivative Research
NIFTY SNAPSHOT
Nifty Spot
Nifty Jan 2014 Future
6313.80(+9.85)
6329
Nifty Feb 2014 Future
Nifty Jan 2014 Open Interest
6364
17656050
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
3050800
6290
6256
6199
GRAPH
15.55(+0.20)
1.02
Nifty (Jan Series) Option OI Distribution:
Index Outlook
Activity of Nifty (Jan Series) Strike
CALL
OI
% Chng
6000
659400
-2.4
6100
780050
-2.3
6200
2128600
-11.3
6300
4802650
-2.0
6400
4740750
10.0
6500
4715200
7.6
Fresh Long Seen In (Rising OI -Rising Price)
Scrip
OI
OI ch%
DIVISLAB
8,05,000
16.9
AUROPHARMA
166,84,000
16.7
BIOCON
38,81,000
9.4
CANBK
79,48,000
7.5
TATAMTRDVR
97,68,000
6.5
RISE IN PCROI
STOCK
T1
HINDZINC
0.55
AUROPHARMA
1.59
TATAMTRDVR
0.29
TATACOMM
0.47
ICICIBANK
0.58
FIIs Activity (Fig in Cr)
Segment
PUT
OI
Buy
Sell
Net
% Chng
5060700
5639700
6617450
5437600
1423650
474250
CMP
-6.8
4.8
-7.8
2.6
4.5
5.6
Ch%
1307.4
435.2
482.3
265.1
197.4
T2
0.29
0.92
0.22
0.37
0.46
1.0
6.3
6.1
2.0
1.8
INDEX FUTURE
INDEX OPTION
STOCK FUTURE
STOCK OPTION
TOTAL
1,815
12,066
2,260
1,615
17,755
Fresh Shorts Seen In: (Rising OI -Falling Price)
Scrip
OI
OI ch%
DABUR
45,14,000
18.5
KOTAKBANK
39,83,000
16.0
RECLTD
45,06,000
10.3
ABIRLANUVO
8,36,500
10.2
BHARTIARTL
184,91,000
9.7
FALL IN PCROI
STOCK
T1
ULTRACEMCO
0.46
HDFCBANK
0.45
KOTAKBANK
0.71
TCS
0.83
HINDUNILVR
0.60
1,916
12,509
2,029
1,687
18,141
CMP
167.6
706.1
190.7
1080.5
305.0
T2
0.79
0.69
0.91
1.03
0.71
(101)
(443)
231
(72)
(386)
Ch%
-1.2
-3.0
-0.6
-1.3
-1.2
3. Markets Snapshot
Top Price Performers
Top Performers
Top Performers 1D
% Change
Top Performers 1W
% Change
SHARRESLTD
19.96
SHARRESLTD
42.26
1M
SIGRUN
% Change
CENTURYPLY
16.60
SAINTGOBAIN
32.70
BVCL
121.95
LITL
EASUNREYRL
12.84
12.43
INFINITE
CHIRAWA
28.18
27.59
FINANTECH
CHIRAWA
88.84
85.81
RAMKASH
11.94
NEWINFRA
27.39
FCSSOFT
85.71
130.00
Worst Price Performers
Worst Performers
1D
% Change
Worst Performers
1W
% Change
Worst Performers
1M
% Change
RAIREKMOH
(9.47)
MAHAPOL
(29.12)
GLOBALCA
(65.21)
PGIL
(8.41)
TANLA
(22.30)
TUNITEX
(49.63)
SMOBILITY
(8.11)
TUNITEX
(22.03)
INDINFO
(48.45)
MUKTAARTS
(6.56)
MURLIIND
(21.39)
MURLIIND
(42.64)
SATRAPROP
(6.32)
REISIXTEN
(21.31)
CHROMATIC
(29.58)
Top News :
• KWALITYLTD Clarification : News regarding , "Kwality eyes stake sale to raise Rs. 500 Cr", Kwality Ltd has clarified to BSE that Company is not
aware of any information/announcement that has not been announced to the Stock Exchanges which could have a bearing on the movement in
trading .
• Finolex Cables has been awarded an advance purchase order of over Rs. 200 crores for Metal Free Optical Fibre Cable (OFC) of the National
Optic Fibre Network ("NOFN") backbone project. The said project is targeted at providing connectivity to over 250000 gram panchayats across
the Country for better e-governance, e-health services, and educational services to the people of India.
• Federal Bk gets CCEA nod to up foreign shareholding to 74% from existing 49 percent . The approval would result in foreign investment of
approximately Rs 1,400 crore in the country.
• SpiceJet, the low-cost airline owned by the Sun Group, is offering a 50% discount on base fares for a period of three days.The sales of the
tickets ends at 23:59 hours on January 23. A Delhi to Mumbai flight will cost Rs 2,830; a Delhi to Goa 3,355; Bengalore to Delhi 3,444 and
Bangalore to Mumbai 1,902.
• TCS Launches New Digital Software & Solutions Group To Transform Digital Commerce and Customer Centricity .
• WIPRO Mgt Guideline : The Company indicated that it continues to see healthy pipeline. It expects budgets to be stable and marginally
increase for the next fiscal and will get the clear idea by the end of January 2014. The Company expects Revenues from IT Services to grow in
the range of 2-4% QoQ to USD 1712 - 1745 million (including the revenues from acquisition) for the quarter ended March 2013. The margins will
be in narrow range with upward bias in the medium term. The Opus CMC acquisition (announced in December 2013) was completed in January
2014, upon completion of customary closing conditions. The Opus CMC's revenue for calendar year 2013, prior to the closing of the acquisition,
was approximately USD 43 million.
• Aurobindo Pharma Mgt Guideline : Expect to be in top 10 companies in west Europe post acquisition -Acquisition does not bring any
additional debt on company's books -Acquisition timing well planned with company's cash flows -Have repaid debt obligations of USD 65 million
up to Q2 -No more immediate debt deadline -Actavis operations have virtually no debt -Product Mix change will be immediate driver to improve
EBITDA .
• U.K. Confederation of British Industry said its index of industrial order expectations tumbled by 14.0 points to a reading of minus 2.0 this
month from December’s reading of 12.0. Analysts had expected the index to decline by 2.0 points to 10.0 in January.
• New Zealand said that CPI rose to a seasonally adjusted 0.1%, from 0.9% in the preceding quarter . Analysts had expected CPI to fall -0.1% in
the last quarter.
• The ZEW Centre for Economic Research said that its index of German economic sentiment dipped by 0.3 points to hit 61.7 this month from
December’s reading of 62.0. Analysts had expected the index to rise by 2.0 points to 64.0 in January.
4. Result Calendar Q3FY14
Bse Code
522273
500008
512247
505506
511501
534816
500067
532792
532913
503978
532839
500630
534063
531399
531531
526899
532960
532814
501314
533519
505320
523704
503015
531096
504882
531049
500672
530367
517536
500314
508941
500162
505817
531447
512105
532083
520141
516108
524727
512257
510245
533121
533655
532156
532794
502015
533138
500027
532382
Company Name
Ahmedabad Steel
Amara Raja
Ashirwad Cap
Axon Infotech
Bharat Bhushan Share
Bharti Infratel
Blue Star
Cairn India
Circuit Sys
Digital Elect
Dish TV India
Essar Ports
Futuristic Sol
GG Automotive
Hatsun Agro
Himalya Intl
Indiabulls Sec
Indian Bank
Kamalakshi Fin
L&T Finance Holdings
Lynx Machinery
Mastek
Modern India-$
Mount Everest Min
National Stand
Neelkanth Rock
Novartis India
NRB Bearings
Onward Tech
Oriental Hotels
Panasonic Carb-$
Parrys Sugar
REIL Elect
ROCKON FIN
Shree Nath Comm
Shri Kalyan Hld
Sibar Auto
South India Pap
Span Diag-$
SVARTCORP
Swasti Vinay Syn
THINKSOFT
Triveni Turbine
VAIBHAVGBL
ZEEMEDIA
Associated Ston
ASTEC
Atul
Balaji Tele
Date
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
Bse Code
500049
503673
506935
506395
530393
533146
532922
532178
536751
523696
532296
532855
532847
505893
504058
532189
532652
532732
507948
532924
532275
511593
500265
532313
513305
503663
521080
509845
512115
523025
537068
531431
530989
513709
531506
523790
533228
532505
500429
512070
534976
531894
519216
531147
532870
513729
516064
524606
531582
Company Name
Bharat Elect
CMM Broadcast
Continental Chem
Coromandel Intl
DB Intl Stock
DLINK IND
Edelweiss Financial
Engineers India
FIVEX FIN
FORTIS MLR
Glenmark Pharma
Haryana Cap
Hilton Metal
Hindustan Hardy
Indo-National
ITDC
Karnataka Bank
Kewal Kiran
Key Corp
Kolte Patil
Landmarc Leis
LIBORD FIN
Maharashtra Seam
Mahindra Lifesp
Moryo Inds
Out of City Travel
Pasari Spin
RJ Shah
Rose Merc
Safari Inds
SATYA MINERS
Shakti Pumps-$
Shantivijay Jew-$
Shilp Gravures-$
Shukra Bullions
Shukra Jewel
SKS Microfinance
Uco Bank
Uniphos Enter
UPL
V-Mart Retail
Vatsa Music
Ajanta Soya
ALICON
Ankit Metal
ARO Granite-$
Arrow Coated
Beryl Drugs
Beryl Sec
Date
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
25-Jan-14
25-Jan-14
25-Jan-14
25-Jan-14
25-Jan-14
25-Jan-14
25-Jan-14
13. Economic Calendar
Monday
20-Jan-14
Wednesday
22-Jan-14
Thursday
23-Jan-14
US
Crude Oil Inventories .
Unemployment Claims , Flash Manufacturing
PMI , CB Leading Index m/m , Flash Services
PMI , Natural Gas Storage .
UK/EURO
ZONE
Italian Retail Sales m/m , Claimant Count
Change , MPC Asset Purchase Facility Votes
, MPC Official Bank Rate Votes ,
Unemployment Rate , Average Earnings
Index 3m/y , Public Sector Net Borrowing ,
German 10-y Bond Auction , BOE Inflation
Letter
Spanish Unemployment Rate , French Flash
Manufacturing PMI , French Flash Services
PMI , German Flash Manufacturing PMI ,
German Flash Services PMI , German Ifo
Business Climate , Current Account , Flash
Manufacturing PMI , Flash Services PMI .
INDIA
German PPI m/m , Spanish HPI q/q ,
German Buba Monthly Report , CBI
Industrial Order Expectations .
Tuesday
21-Jan-14
German ZEW Economic Sentiment ,
ZEW Economic Sentiment .
Friday
24-Jan-14
BBA Mortgage Approvals .
14. 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
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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
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