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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffet MORNING REPORT Have a Good Trading Day
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Page 1: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

- Warren Buffet

MORNING REPORT Have a Good Trading Day

Page 2: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT :13 DECEMBER 2018

GLOBAL INDICES

NAME CMP NET CH. %

Dow 24527.27 157.03 0.64%

Nasdaq 7098.31 66.48 0.95%

Nikkei 21817.62 214.87 0.99%

HANG SENG INDEX 26500.539 313.828 1.20%

SGX NIFTY 10833.00 45.00 0.42%

INDIAN INDICES

NAME CMP NET CH. %

BSE SENSEX 35779.07 629.06 1.79%

Nifty 50 10737.6 188.45 1.79%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 35.91 -3.47

HDFCBANK 98.67 3.25

ICICIBK 9.65 3.99

INFY 9.66 -0.31

TATA MOTOR 11.51 6.57

WIPRO 5.11 1.19

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) -1299

DIIs Eq (Provisional) 1121

FIIs Index Future -489

FIIs Index Options 1301

FIIs Stock Future -5

FIIs Stock Options 191

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 72.0407

EURO 81.5928

YEN 100 63.5000

GBP 90.0393

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE 51.39 0.47%

NATURAL GAS 4.105 -0.75%

GOLD 1249.1 -0.07%

SILVER 14.83 -0.14%

COPPER 2.7765 0.23%

MARKET PULSE MARKET PULSE

TOP STORY

Soril Infra Resources said that the company has initiated the process to foray into financial services business with

primary focus in rural India. The company has started the necessary process of acquiring an existing NBFC.

United Bank of India increased interest rates on domestic term deposits for less than Rs 1 crore by 25 basis points

across various tenors. one-year term-deposit rate at 6.5 percent.

DLF’s board approved QIP of 17.3 crore equity shares. The company’s Saurabh Chawla, Group CFO resigned,

while Ashok Tyagi (who was the CFO till December 2017) will be the new group CFO.

Punjab & Sind Bank to raise equity via QIP upto Rs 500 crore and issue bonds worth Rs 1,500 crore in next 12

months. To issue five crore equity shares to employees.

Infibeam Avenues’ board meet to consider strategic growth opportunities rescheduled to December 17.

Yes Bank’s board meets today to shortlist names for new chairman for RBI’s approval and also consider the

appointment of independent directors.

Indian Oil’s board meet today to consider and approve buyback of equity shares and interim dividend.

Strides Pharma Sciences’ Singapore arm received U.S. FDA approval for Lidocaine Ointment, which is used to

numb the skin. This drug will be immediately launched by the company in the U.S. Sadbhav Engineering received appointed date from NHAI for EPC project worth Rs 981 crores in Uttar Pradesh.

NO IMP RESULTD

RESULTS TODAY

EUR : Main Refinancing Rate

: ECB Press Conference

Page 3: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

MARKET LEVELS

NAME PIVOTNIFTY 10684 10615 10492 10423 10806 10875 10998

USDINR 71.897 71.633 71.502 71.238 72.028 72.292 72.423

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex, gained 629.06 points or 1.79% to settle at 35779.07. The index hit high of 35,826.58 and low of 35,167.47 in intraday trade.

The Nifty 50 index rose 188.45 points or 1.79% to settle at 10,737.60. The index hit high of 10,752.20 and low of 10,560.80 in intraday trade.

Among secondary barometers, the BSE Mid-Cap index rose 2.53%. The BSE Small-Cap rose 2.46%.

The market breadth, indicating the overall health of the market, was strong. On BSE, 1916 shares rose and 647 shares fell. A total of 140 shares were unchanged.

Nifty likely to trade in the range of 10420-11000

NIFTY CHART

Page 4: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

BULK DEALS (BSE) SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

SAHYOGMULT MADHU AGGARWAL B 54,980 11.4

SPRAYKING MAHESH PRABHUDAS PARMAR B 18,000 26.66

SHREESHAY AFFLUENCE SHARES AND STOCKS PRIVATE LIMITED

S 136,000 22.92

SHREESHAY NOPEA CAPITAL SERVICES PRIVATE LIMITED B 496,000 21.84

SHREESHAY HARSHA RAJESHBHAI JHAVERI S 320,000 21.25

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

DRSDILIP FESTINO VINCOM LIMITED BUY 161600 75.25

DRSDILIP SHAH BABULAL VADILAL HUF BUY 88000 75.25

DRSDILIP HARSHA RAJESHBHAI JHAVERI SELL 222400 75.25

GOLDSTAR FESTINO VINCOM LIMITED BUY 90000 27.5

GOLDSTAR H S SHAH SELL 90000 27.5

SCRIP’S IN F&O BAN (To resume for normal trading below 80% of market wide limit required)

In ban: Adani Enterprises, Adani Power New in ban: Adani Enterprises, Adani Power

Out of ban: none

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

Page 5: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 374 361 348 369 382 389

ASIANPAINT 1331 1316 1301 1327 1341 1352

AXISBANK 620 608 596 615 627 634

BAJAJ-AUTO 2848 2772 2696 2815 2891 2934

BAJAJFINSV 5989 5885 5782 5955 6058 6127

BHARTIARTL 306 294 283 303 314 322

BPCL 329 326 322 328 332 334

CIPLA 531 524 516 529 537 542

COALINDIA 247 242 237 245 250 253

DRREDDY 2586 2510 2433 2611 2687 2788

EICHERMOT 23722 22958 22195 23404 24168 24614

GAIL 344 335 326 340 350 355

GRASIM 812 801 790 808 819 827

HCLTECH 971 952 932 963 982 994

HDFC 1940 1914 1888 1930 1957 1973

HDFCBANK 2085 2067 2049 2078 2097 2108

HEROMOTOCO 3259 3108 2958 3191 3342 3425

HINDALCO 221 218 215 220 224 226

HINDPETRO 219 217 214 219 222 224

HINDUNILVR 1839 1808 1778 1827 1857 1876

IBULHSGFIN 734 714 693 728 749 763

ICICIBANK 350 342 335 347 355 359

INDUSINDBK 1582 1562 1541 1576 1596 1610

INFRATEL 251 248 246 252 255 259

INFY 679 673 667 677 683 687

IOC 136 133 130 135 138 140

ITC 276 273 270 275 278 281

KOTAKBANK 1237 1221 1204 1241 1257 1278

LT 1400 1375 1349 1391 1417 1433

LUPIN 822 807 793 827 842 862

M&M 751 730 710 742 762 773

MARUTI 7472 7342 7212 7425 7554 7637

NTPC 141 138 135 140 143 144

ONGC 142 140 137 141 143 145

POWERGRID 183 181 179 182 184 185

RELIANCE 1111 1094 1078 1104 1120 1130

SBIN 285 283 281 284 287 288

SUNPHARMA 431 425 419 429 436 440

TATAMOTORS 164 159 154 163 168 172

TATASTEEL 520 510 499 516 527 533

TCS 2017 1994 1971 2008 2031 2045

TECHM 705 694 682 702 714 723

TITAN 930 921 913 930 938 947

ULTRACEMCO 3932 3888 3843 3919 3964 3995

UPL 790 762 734 778 806 822

VEDL 199 195 191 198 202 205

WIPRO 330 328 326 330 332 334

YESBANK 187 183 179 185 189 191

ZEEL 482 477 473 481 485 488

Page 6: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

s

s

NSE CIRCULARS

BOARD MEETINGS/ CORPORATE ACTION COMPANY NAME DATE PURPOSE

LALPATHLAB 19-Nov-18 Interim Dividend - Rs 2.50 Per Share

TIDEWATER 19-Nov-18 Interim Dividend

CUPID 19-Nov-18 Interim Dividend - Re 1 Per Share

MANAPPURAM 19-Nov-18 Interim Dividend - Re 0.55 Per Share

GULPOLY 19-Nov-18 Interim Dividend

MRF 19-Nov-18 Interim Dividend - Rs 3 Per Share

SAKSOFT 20-Nov-18 Interim Dividend - Re 1 Per Sh

SIYSIL 20-Nov-18 Interim Dividend

MASFIN 20-Nov-18 Interim Dividend - Rs 1.50 Per Sh

PAGEIND 20-Nov-18 Interim Dividend

MAANALU 20-Nov-18 Interim Dividend

PGHH 20-Nov-18 Annual General Meeting/Dividend Rs 40 Per Share

GILLETTE 20-Nov-18 Annual General Meeting/Dividend Rs 23 Per Share

CMICABLES 20-Nov-18 Annual General Meeting/Dividend Re 1 Per Share

AUROPHARMA 20-Nov-18 Interim Dividend - Rs 1.25 Per Share ASTRAL 20-Nov-18 Interim Dividend

AMARAJABAT 20-Nov-18 Interim Dividend - Rs 2 Per Share JAMNAAUTO 29-Nov-18 Interim Dividend - Re 0.50 Per Sh

NSE Circular. : Applicability of Additional Surveillance Measure (ASM) (zip) W.e.f. DEC 13, 2018

NSE Circular: Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip) w.e.f. DEC 13, 2018

NSE Circular: Listing of units issued by Aditya Birla Sun Life AMC Limited (Aditya Birl a Sun Life Fixed Term Plan - Series

RR (1240 days)) (pdf)) (zip)W.e.f. DEC 13, 2018

NSE Circular: Surrender of Membership (pdf)W.e.f. DEC 13, 2018

NSE Circular: Listing of further issues of Astral Poly Technik Limited, Bharat Forge Limited, Eros International Media

Limited, ICICI Bank Limited, RBL Bank Limited and Tech Mahindra Limited (pdf)) W.e.f. DEC 13, 2018

NSE Circular: Introduction of Risk Reduction Mode (pdf)W.e.f. DEC 13, 2018

Page 7: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (Feb) 31354 31525 31790 32074 32355

SILVER (Mar) 36745 37510 38359 39555 40399

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (Feb)

432 437 443 449 455

ZINC (Dec) 181.30 184.60 188.25 191.50 194.40

LEAD (Dec) 136.25 139.30 142.60 146.60 149.40

NICKEL

(Dec) 745 750 776 799 814

ENERGY

COMMDITY

(MCX) S2 S1

PIVOT

POINT R1 R2

CRUDE OIL (Dec)

3501 3645 3770 3939 4041

NATURAL GAS (Dec)

272 290 308 330 345

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 13-Dec- 2018

Gold (Spot Dollar) major support =

$1221/$1195 & Resistance =

$1270/$1296.

Crude oil range (WTI)->$46 to $56.

Stocks Rally on Renewed Trade

Hopes; Pound Climbs: Markets

Wrap: - U.S. stocks joined a global rally

as the outlook for trade took a positive

turn and confidence grew that the

British prime minister will defeat a

challenge to her leadership.

Forex - U.S. Dollar Falls After

Inflation Data: - The U.S. dollar was

lower on Wednesday, as inflation data

underlined expectations that the Federal

Reserve will slow its pace of rate hikes

in 2019. The Labor Department said its

consumer price index was unchanged

from a month earlier, slowing from the

0.3% increase seen in October. Analysts

had forecast a 0.1% increase.

U.S. Crude Oil Inventories Fell by

1.21M Barrels Last Week: EIA: - U.S.

crude oil inventories fell less than

expected last week, the Energy

Information Administration said in its

weekly report on Wednesday. The EIA

data showed that crude oil inventories

decreased by 1.21 million barrels in the

week to Dec. 7. That was compared to

forecasts for a stockpile draw of 2.99

million barrels, after a drop of 7.32

million barrels in the previous week,

amounting to a second straight weekly

decline.

Gold Prices Jump to Session Highs

After U.S. Inflation Data: - Gold

prices ticked higher on Wednesday,

hitting the best levels of the session

after data showed that U.S. consumer

price growth slowed in November.

Natural Gas Price Fundamental Daily

Forecast – Delay in Return of Cold

Weather Could Drive Prices to

$4.082 to $3.873: - The early price

action indicates that traders are reacting

to the change in the forecasts to a

period of warmer temperatures beyond

Christmas and perhaps into the first of

January. Trading on the weak side of the

Federal Budget Balance, SNB Monetary Policy

Assessment, Libor Rate, Main Refinancing

Rate of ECB, ECB Press Conference, Import

Prices m/m, Unemployment Claims, Natural

Gas Storage, 30-y Bond Auction.

Page 8: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

Page 9: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

Page 10: Have a Good Trading Day · MORNING REPORT: 13 December 2018 $1270/$1296 ZINC (Dec had forecast a 0.1% increase. COMMDITY million barrels, after a drop of 7.32 DATA TALKS : TODAY’S

MORNING REPORT: 13 December 2018

Registered Office Indira House, 3rd Floor, 5 Topiwala Lane,

Opp. Lemington Road Police Station, Grant Road (East), Mumbai - 400007.

Corporate Office 204 Amardarshan Building 3rd floor, Saket Nagar, Indore - 452018 (M.P.) Customer Care

Tel: +91-731-4797170/ 71/ 72/ 73/ 74 M. +91 93031 72345 Email: [email protected] www.indiratrade.com

INSTITUTIONAL DEALING UNIT

Africa House, 5, Topiwalla Lane, Lamington Road, Mumbai, 400007

Tel: +91 2230080678; Email: [email protected]


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