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

MORNING REPORT :25 MARCH 2019

GLOBAL INDICES

NAME CMP NET CH. %

DOW 25502.32 -460.18 -1.77%

NASDAQ 7642.67 -196.29 -2.50%

NIKKEI 20951.19 -676.15 -3.13%

HANG SENG 28614.609 -498.75 -1.71%

SGX NIFTY 11415.50 -54.50 -0.48%

INDIAN INDICES

NAME CMP NET CH. %

SENSEX 38164.61 -222.19 -0.58%

Nifty 50 11456.9 -64.1 -0.56%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 39.16 -2.85

HDFCBANK 112.32 -1.34

ICICIBK 11.08 -2.55

INFY 10.88 -1.63

TATA MOTOR 12.42 -5.26

WIPRO 4.01 -2.43

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) 1375

DIIs Eq (Provisional) -675

FIIs Index Future 550

FIIs Index Options 800

FIIs Stock Future -1885

FIIs Stock Options -62

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 68.6607

EURO 78.1368

YEN 100 61.9700

GBP 90.2778

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE OIL 58.4 -2.63%

NATURAL GAS 2.723 -3.47%

GOLD 1314.8 0.57%

SILVER 15.455 0.12%

COPPER 2.851 -1.89%

MARKET PULSE MARKET PULSE

TOP STORY

Jet Airways: Additional seven aircraft grounded due to non-payment of amounts outstanding to lessors.

Escorts: The company appoints Shailendra Agrawal as executive director.

HDFC: The company raises Rs 1,000 crore via bonds with a maturity period of three years

SBI: The board gives an extension of validity period for raising Rs 20,000 crore from market till March 31, 2020.

The lender approves issue of bond worth Rs 1,251.30 crore.

Insecticides (India) naugurates new factory for commercial production agrochemicals

International Paper - Maintenance at Rajahmundry facility from March 25, 2019 to March 30, 2019 would lead to estimated loss of production of around 500 tonnes per day

Amber Enterprises: The company approves to enter into the definitive agreements to acquire 80 percent stake of Sidwal Refrigeration Industries.

Bharat Gears: The company will issue equity shares on rights basis in the ratio of 1:7. Issue price is Rs 105 per share.

Max India: The company appointed Analjit Singh as the non-executive director and chairman.

NONE

RESULTS TODAY

EUR : German Ifo Business Climate

USD : FOMC Member Evans Speaks

MORNING REPORT: 25 March 2019

MARKET LEVELS

NAME PIVOTNIFTY 11488 11403 11350 11265 11542 11626 11680

USDINR 69.130 69.064 69.006 68.940 69.188 69.254 69.312

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex fell 222.14 points or 0.58% to settle at 38,164.61. The index rose 177.96 points, or 0.46% at the day's high of 38,564.71. The index fell 297.39 points, or 0.77% at the day's low of 38,089.36.

The Nifty 50 index fell 64.15 points or 0.56% to settle at 11,456.90. The index rose 51.75 points, or 0.45% at the day's high of 11,572.80. The index fell 86.50 points, or 0.75% at the day's low of 11,434.55.

Among secondary barometers, the BSE Mid-Cap index fell 0.59%. The BSE Small-Cap index fell 0.44%.

The market breadth, indicating the overall health of the market, was weak. On BSE, 1011 shares rose and 1705 shares fell. A total of 143 shares were unchanged.

Nifty likely to trade in the range of 11260-11700

NIFTY CHART

MORNING REPORT: 25 March 2019

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

BENARA RIKHAV SECURITIES LIMITED B 96,000 29.16

RITCO CNM FINVEST PRIVATE LIMITED . S 200,000 71.63

GEL ANKUR J SHAH B 18,000 46.27

INTLCONV ERISKA INVESTMENT FUND LTD S 520,000 30.75

RAWEDGE BISHAL P MORE S 83,200 64.55

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

LAGNAM KETAN V THAKKAR SELL 417000 15.26

OSWALSEEDS RAJAVARSHAN R SELL 96000 29.1

RELIABLE MUKESHKUMAR SHAH REKHABEN BUY 56000 51.46

SUULD VEDANT COMMODEAL PRIVATE LIMITED . SELL 336000 30

TARAJEWELS TANISH TRADEFIN LLP BUY 165000 1.05

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

In ban: JETAIRWAYS, IDBI, , ADANIENT, RPOWER, ADANIPOWER, PNB

New in ban: PNB

Out of ban: none

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

MORNING REPORT: 25 March 2019

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 361 357 353 359 363 366

ASIANPAINT 1471 1456 1441 1468 1483 1495

AXISBANK 757 740 722 753 770 783

BAJAJ-AUTO 2950 2920 2891 2960 2989 3028

BAJAJFINSV 6960 6906 6852 6993 7047 7134

BAJFINANCE 2837 2803 2770 2849 2883 2929

BHARTIARTL 332 325 318 336 343 354

BPCL 379 372 365 383 390 402

CIPLA 527 521 514 530 536 545

COALINDIA 232 230 228 232 234 236

DRREDDY 2751 2734 2716 2756 2774 2797

EICHERMOT 21447 21256 21066 21465 21656 21865

GAIL 349 344 340 352 356 364

GRASIM 820 813 807 821 828 836

HCLTECH 1025 1013 1000 1030 1043 1060

HDFC 1982 1965 1948 1987 2004 2027

HDFCBANK 2276 2262 2248 2285 2299 2321

HEROMOTOCO 2603 2586 2568 2612 2629 2656

HINDALCO 209 206 203 209 212 214

HINDPETRO 268 264 259 271 276 283

HINDUNILVR 1678 1667 1655 1685 1697 1715

IBULHSGFIN 727 716 705 735 746 766

ICICIBANK 392 389 386 393 395 399

INDUSINDBK 1699 1685 1671 1708 1722 1745

INFRATEL 316 310 304 320 326 335

INFY 743 735 727 741 749 755

IOC 157 154 152 158 161 164

ITC 298 297 295 298 300 302

JSWSTEEL 286 283 280 286 289 293

KOTAKBANK 1336 1323 1310 1344 1357 1378

LT 1395 1376 1357 1395 1414 1434

M&M 679 671 663 678 686 692

MARUTI 6553 6485 6417 6600 6669 6784

NTPC 135 131 127 134 137 140

ONGC 152 149 146 151 154 156

POWERGRID 199 197 195 199 201 203

RELIANCE 1342 1325 1309 1353 1370 1397

SBIN 298 295 291 300 304 310

SUNPHARMA 473 469 464 474 479 484

TATAMOTORS 175 173 170 177 180 185

TATASTEEL 518 515 511 519 523 528

TCS 2006 1987 1969 2002 2020 2034

TECHM 789 782 775 790 797 805

TITAN 1103 1089 1076 1107 1120 1138

ULTRACEMCO 3930 3883 3837 3930 3977 4023

UPL 935 928 921 934 942 948

VEDL 174 172 171 175 176 178

WIPRO 261 258 256 261 263 266

YESBANK 253 249 246 253 257 261

ZEEL 435 428 421 438 445 456

MORNING REPORT: 25 March 2019

s

s

NSE CIRCULARS

BOARD MEETINGS/ CORPORATE ACTION

COMPANY NAME DATE PURPOSE

STAN 7-Mar-19 Dividend

NATIONALUM 11-Mar-19 Interim Dividend

RECLTD 11-Mar-19 Interim Dividend - Rs 11 Per Share

VEDL 13-Mar-19 Interim Dividend

POWERGRID 14-Mar-19 Interim Dividend

HDFCLIFE 14-Mar-19 Interim Dividend

SUNCLAYLTD 18-Mar-19 Interim Dividend

TVSMOTOR 18-Mar-19 Interim Dividend

HUDCO 20-Mar-19 Interim Dividend

INDNIPPON 22-Mar-19 Interim Dividend

TIDEWATER 22-Mar-19 Interim Dividend

UNITEDTEA 25-Mar-19 Interim Dividend

NLCINDIA 26-Mar-19 Interim Dividend

CRISIL 28-Mar-19 Annual General Meeting / Dividend Rs - 11 Per Share

NSE Circular. : Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip)W.e.f. MAR 25, 2019

NSE Circular: Applicability of Additional Surveillance Measure (ASM) (zip)W.e.f. MAR 25, 2019

NSE Circular: SEBI Order in the matter of Bhoruka Aluminum Limited (zip)W.e.f. MAR 25, 2019

NSE Circular: SEBI Order in the matter of unregistered Investment Advisory through websites in respect of Mr.

Rishabh Jain ,Mr. Ubaidur Rahman,Mr. G. Kadar Hussain (zip))W.e.f. MAR 25, 2019

NSE Circular : Modification in list of securities of U.P Stock Exchange available on Dissemination Board of NSE

(pdf)w.e.f. MAR 25, 2019

NSE Circular: Settlement Calendar for Buyback offer under Tender Offer scheme by Tech Mahindra Limited (pdf)

w.e.f. MAR 25, 2019

NSE Circular: Adjustment of Futures and Options contracts in the security ONGC (pdf))w.e.f. MAR 25, 2019

MORNING REPORT: 25 March 2019

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (APR) 31567 31800 32060 32391 32650

SILVER (MAY) 36365 37501 38320 39445 40399

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (APR)

425 432 439 445 451

ZINC (MAR) 190.60 193.45 197.25 200.70 203.65

LEAD (MAR) 133.25 136.50 139.75 142.75 146.90

NICKEL(MAR) 855 871 892 909 925

ENERGY

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

CRUDE OIL (APR)

3850 3966 4090 4175 4248

NATURAL GAS (MAR)

182 186 191 196 201

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 25-MAR- 2019

Gold (Spot Dollar) major support =

$1290/$1266 & Resistance =

$1339/$1366.

Crude oil range (WTI)->$53 to $63.

Stocks - Wall Street Declines on

Global Growth, Yield Curve

Concerns: - Wall Street fell on Friday

after a decline in the European

manufacturing sector caused concern

over a global slowdown and a U.S.

Treasury yield-curve inversion caused

jitters.

Forex - Pound Recovers from Brexit

Summit Beating; Ruble at 7-Month

High: - The British pound is recovering

in early trade in Europe on Friday from a

buffeting Thursday after the European

Union agreed to only a minimal

extension of the deadline for Brexit. The

dollar index, which measures the

greenback against a basket of six major

currencies, was at 95.722, down from a

high of 96.088 on Thursday. That’s

some 0.2% lower than it was before the

Federal Reserve announced the results

of its policy meeting on Wednesday.

Oil Prices Slump as Weak European

Data Stoke Slowdown Fears: - Oil

prices slumped on Friday as a

contraction in the euro zone’s

manufacturing sector, led by Germany,

stoked fears about the global economic

slowdown and its potentially negative

impact on demand for fuel.

Gold Rises on Slowing Global

Growth, Treasury Yield Inverse: -

Gold prices were higher on Friday as

disappointing data in the euro zone

drove investors to the safe-haven asset.

Business sectors across Europe declined

in preliminary data readings in March,

with German manufacturing contracting

to its slowest reading in six years. The

fall in European data supports the

Federal Reserve's dovish stance on

Wednesday as the central bank remains

concerned about economic growth in the

U.S. and globally.

German Ifo Business Climate, CB Leading

Index m/m of China, Belgian NBB Business

Climate of EUR.

MORNING REPORT: 25 March 2019

MORNING REPORT: 25 March 2019

MORNING REPORT: 25 March 2019

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: customercare@indiratrade.com www.indiratrade.com

INSTITUTIONAL DEALING UNIT

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

Tel: +91 2230080678; Email: ie@indiratrade.com