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 :16 JANUARY 2019
GLOBAL INDICES
NAME CMP NET CH. %
Dow 24065.59 155.75 0.65%
Nasdaq 7023.83 117.92 1.71%
Nikkei 20371.62 -183.67 -0.89%
HANG SENG INDEX 26700.6 -129.689 -0.48%
SGX NIFTY 10933.00 -10.00 -0.09%
INDIAN INDICES
NAME CMP NET CH. %
BSE SENSEX 36318.33 464.77 1.30%
Nifty 50 10886.8 149.2 1.39%
INDIAN ADR’S
SYMBOL CLOSE GAIN/ LOSS %
DRREDDY 36.78 1.27
HDFCBANK 102.27 1.4
ICICIBK 10.46 0.29
INFY 10.49 1.16
TATA MOTOR 12.99 1.88
WIPRO 5.12 4.49
FII AND MF ACTIVITY
SYMBOL Rs.(in cr.)
FIIs Eq (Provisional) 160
DIIs Eq (Provisional) 417
FIIs Index Future 1153
FIIs Index Options 194
FIIs Stock Future 595
FIIs Stock Options 208
CURRENCY
CURERNCY RBI RATE
RUPEE - $ 71.0298
EURO 81.5048
YEN 100 65.3700
GBP 91.6242
WORLD EVENTS
WORLD COMMODITIES
FUTURE CMP %
CRUDE 52.01 -0.19%
NATURAL GAS 3.46 -1.17%
GOLD 1289 0.05%
SILVER 15.605 -0.10%
COPPER 2.645 0.40%
MARKET PULSE MARKET PULSE
TOP STORY
KPIT Technologies board approved allotting 7.7 crore equity shares to National Engineering Industries and Central
India Industries in 9:22 ratio. On Nov. 29 NCLT had approved merger of KPIT Engineering, KPIT Technologies into Birlasoft. The record date has been fixed as Jan. 25 for the amalgamation scheme which is effective from yesterday.
Indo Rama Synthetics’ board approved allotment of 8.3 crore equity shares worth Rs 299 crore to promoter group
Indorama Ventures and 1.72 crore equity shares to Siam Stock Holdings which is valued at Rs 62 crore. The company
said that the fund will be used for long term working capital and future growth requirements. Century Plyboards incorporated an arm in South Africa with the objective of manufacturing and trading in timber .
Punjab & Sind Bank revised its MCLR across various tenors. One month MCLR at 8.35 percent and one-year MCLR at
8.85 percent. SKF India buyback period from Jan. 23- Feb. 5
Fortis Healthcare draws loan from Citi Bank worth Rs 1,100 crore for financing the contractual commitments and
strategic objectives of the company. DHFL: Rakesh Jhunjhunwala reduces his stake in the company by 0.73 percent to 2.46 percent, as reported in the
exchanges. He sold 22.7 lakh shares aggregating to Rs 51 crore as per current market price from the last quarter
ending September 2018.
Zee Ent, Den Networks, Jay Bharat Maruti,
KPIT, MCX, Network18 ,Speciality
Restaurants, Trident, TV18 Broadcast, Tinplate,
R Systems International, Indo Rama Synthetics
RESULTS TODAY
GBP : Parliament Brexit Vote
: BOE Gov Carney Speaks
: CPI y/y
: PPI Input m/m
: RPI y/y
MORNING REPORT: 16 January 2019
MARKET LEVELS
NAME PIVOTNIFTY 10854 10811 10734 10691 10930 10973 11050
USDINR 71.080 71.050 71.034 71.004 71.096 71.126 71.142
SUPPORT LEVELS RESISTANCE LEVELS
MARKET COMMENTARY
The Sensex rose 464.77 points or 1.30% to settle at 36,318.33, its highest closing level since 20 December 2018. The index rose 495.75 points, or 1.38% at the day's high of 36,349.31. The index rose 96.52 points, or 0.27% at the day's low of 35,950.08.
The Nifty 50 index rose 149.20 points or 1.39% to settle at 10,886.80, its highest closing level since 20 December 2018. The index rose 159.35 points, or 1.48% at the day's high of 10,896.95. The index rose 39.95 points, or 0.37% at the day's low of 10,777.55.
Buying was broad based. The S&P BSE Mid-Cap index rose 0.58%. The S&P BSE Small-Cap index rose 0.70%.
The market breadth, indicating the overall health of the market, was strong. On the BSE, 1552 shares rose and 1013 shares fell. A total of 170 shares were unchanged.
Nifty likely to trade in the range of 10690-11050
NIFTY CHART
MORNING REPORT: 16 January 2019
BULK DEALS (BSE) SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE
ASIANTILES GMO EMERGING DOM OPPORTUNITIES FD S 321,523 130.09
AXITA KRATOS IMPEX LIMITED B 34,000 61.65
GBLIL BHARATBHAI MANGAJI THAKOR . S 48,500 85.23
GUJHYSPIN NIRAJ LAHERCHAND MODI S 220,000 5.00
SPCAPIT ADVANI PRIVATE LIMITED B 100,000 17.10
BULK DEALS (NSE)
SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE
PITTIENG SATISH KUMAR AGARWAL BUY 159941 62.16
PITTIENG BANK OF BARODA SELL 225000 61.67
AJOONI ANIL KUMAR GUPTA BUY 32000 28.98
MIC PINNAMANENI ESTATES PRIVATE LIMITED SELL 1885000 1
AJOONI PRISM MEDICO AND PHARMACY LTD SELL 100000 29.08
SCRIP’S IN F&O BAN (To resume for normal trading below 80% of market wide limit required)
In ban: Adani Power, Jet Airways
New in ban: none Out of ban: none
Initial Public Offering (IPO)
Company Name Security
type Issue Start Date
Issue End Date
Status
MORNING REPORT: 16 January 2019
NIFTY 50 STOCKS: SUPPORT & RESISTANCE
Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 385 378 371 382 389 393
ASIANPAINT 1406 1392 1377 1403 1417 1429
AXISBANK 661 656 651 660 665 669
BAJAJ-AUTO 2726 2709 2692 2722 2739 2752
BAJAJFINSV 6510 6418 6327 6471 6562 6615
BAJFINANCE 2604 2566 2527 2589 2628 2651
BHARTIARTL 338 330 322 335 343 347
BPCL 342 337 333 340 345 348
CIPLA 515 511 507 513 517 519
COALINDIA 233 231 230 232 234 235
DRREDDY 2595 2583 2571 2593 2605 2616
EICHERMOT 20638 20522 20406 20596 20712 20786
GAIL 325 322 320 325 327 329
GRASIM 816 805 794 813 824 833
HCLTECH 948 933 917 944 959 971
HDFC 1992 1972 1952 1984 2004 2016
HDFCBANK 2122 2107 2092 2117 2132 2141
HEROMOTOCO 2911 2879 2848 2899 2930 2950
HINDALCO 209 206 204 208 210 211
HINDPETRO 242 236 231 240 245 248
HINDUNILVR 1790 1774 1758 1784 1800 1810
IBULHSGFIN 809 797 785 804 816 824
ICICIBANK 373 370 368 373 375 378
INDUSINDBK 1495 1486 1477 1495 1504 1514
INFRATEL 280 277 274 280 283 286
INFY 727 713 698 721 735 744
IOC 135 133 132 134 135 136
ITC 297 295 293 296 298 299
JSWSTEEL 292 285 278 289 296 300
KOTAKBANK 1213 1209 1205 1215 1219 1224
LT 1341 1331 1322 1340 1349 1358
M&M 727 724 720 727 730 733
MARUTI 7355 7291 7228 7381 7444 7534
NTPC 146 144 143 145 147 148
ONGC 145 144 143 145 146 146
POWERGRID 192 189 185 194 198 203
RELIANCE 1130 1112 1095 1122 1139 1149
SBIN 302 301 300 302 303 305
SUNPHARMA 452 450 447 452 455 457
TATAMOTORS 185 182 180 184 187 189
TATASTEEL 475 471 466 474 478 481
TCS 1868 1827 1787 1848 1889 1910
TECHM 706 689 671 700 717 728
TITAN 968 959 949 965 974 980
ULTRACEMCO 3828 3784 3741 3815 3858 3889
UPL 776 771 767 777 781 787
VEDL 199 195 191 197 201 204
WIPRO 330 319 308 326 336 343
YESBANK 203 198 192 201 207 210
ZEEL 457 450 443 457 463 470
MORNING REPORT: 16 January 2019
s
s
NSE CIRCULARS
BOARD MEETINGS/ CORPORATE ACTION COMPANY NAME DATE PURPOSE
TCS 17-Jan-19 Interim Dividend
MINDTREE 23-Jan-19 Interim Dividend
SUNCLAYLTD 31-Jan-19 Interim Dividend
PERSISTENT 04-Feb-19 Interim Dividend
GODREJCP 05-Feb-19 Interim Dividend
MARICO 12-Feb-19 Interim Dividend
HARITASEAT 13-Feb-19 Interim Dividend
NSE Circular. : Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip)W.e.f. JAN 16, 2019
NSE Circular: Applicability of Additional Surveillance Measure (ASM) (zip)W.e.f. JAN 16, 2019
NSE Circular: Listing of further issues of Berger Paints (I) Limited, eClerx Services Limited, Max Ventures and
Industries Limited, Reliance Industries Limited and Vaibhav Global Limited (pdf) w.e.f. JAN 16, 2019
NSE Circular: Graded Surveillance Measure (GSM) framework - Update (pdf)W.e.f. JAN 16, 2019
NSE Circular: SEBI Order in the matter of NCL Research & Financial Services Ltd. (zip)w.e.f. JAN 16, 2019
NSE Circular: Unique Identifier for Algorithms (pdf)W.e.f. JAN 16, 2019
MORNING REPORT: 16 January 2019
PRECIOUS METALS:
COMMDITY (MCX)
S2 S1 PIVOT POINT
R1 R2
GOLD (Feb) 30625 30900 32175 32465 32740
SILVER (Mar) 37110 38250 39510 40845 41940
BASE METALS
COMMDITY (MCX)
S2 S1 PIVOT POINT
R1 R2
COPPER (Feb)
402 409 417 424 430
ZINC (Jan) 169.45 172.25 176.10 179.10 183.65
LEAD (Jan) 133.90 137.60 140.25 143.55 146.90
NICKEL (Jan) 781 799 820 846 861
ENERGY
COMMDITY
(MCX) S2 S1
PIVOT
POINT R1 R2
CRUDE OIL (JAN)
3400 3520 3655 3790 3877
NATURAL GAS (JAN)
221 234 248 267 282
DATA TALKS : TODAY’S ECONOMIC DATA :
NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 16-JAN- 2019
Gold (Spot Dollar) major support =
$1260/$1237 & Resistance =
$1323/$1348.
Crude oil range (WTI)->$47 to $57.
Tech Stocks Advance as China
Combats Slowdown: Markets Wrap:
- Technology shares pushed major
indexes higher after China ratcheted up
stimulus measures to combat slowing
growth. Treasuries and the dollar
advanced.
The S&P 500 rose for the first time
in three sessions as senior Chinese
officials vowed to cut taxes to boost the
economy, lifting technology companies
battered by concerns about the rising
impact of the U.S.-China trade war.
Forex - British Pound Edge Up Ahead of
Key Brexit Vote: - The British pound was
in focus and traded slightly higher
against the U.S. dollar on Tuesday in
Asia ahead of a vote on U.K. Prime
Minister Theresa May’s Brexit deal.
The U.K. parliament is expected to
vote down May’s Brexit plan later in
the day. While the defeat is widely
anticipated by the market, it could still
trigger a volatile knee-jerk market
reaction if May loses the vote by a wide
margin, analysts said. As the deal
hammered out between May's
government and the EU is the only
compromise on the table, rejecting it
would raise the risk of the U.K. leaving
without a deal. However, May warned on
Monday that it might also lead to Brexit
not happening at all.
Oil Rises 2% on China Stimulus
Talk; Analysts Warn of More
Volatility: - If it's not the stock market
that's yanking oil around these days,
then it's China.
Gold Prices Rise as PPI Eases Rate
Concerns, Fed Speakers on Tap: -
Gold prices rose slightly on Tuesday as
the first drop in factory gate inflation in
four months reinforced the argument
that the Federal Reserve should pause on
monetary policy tightening, on a day when
three of the central bank's top officials are
due to speak in public.
BOE Gov Carney Speaks, Import Prices m/m,
NAHB Housing Market Index, Crude Oil
Inventories.
MORNING REPORT: 16 January 2019
MORNING REPORT: 16 January 2019
MORNING REPORT: 16 January 2019
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