Daily market outlook by Jainam Research - includes indices watch, corporate news, corporate results and action, technical mirror, commodity mirror, and momentum calls status.
1. Market Mirror
Daily Newsletter
Report Details –
1. Indices Watch
2. Corporate News
3. Corporate Results & Action
4. Technical Mirror
5. Commodity Mirror
6. Momentum Calls Status
December 16 , 2014
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Registered Office: Malhar Complex, Dumas Road, Ichchanath, Surat – 395007.
Tel: 0261-305 5555 E-mail: research.report@jainam.biz
2. Thought on Wealth Creation
Only buy something that you'd be perfectly happy to hold if the market shut
down for 10 years.--Warren Buffett
Corporate News
IDBI Bank looking to sell its 5 percent stake in NSE
WPI Inflation rate at 0% in Nov-2014 v/s 1.77% in Oct-2014.
Seamec -Vessel has completed the charter for LTSOPL Project in
Mumbai High. The value of the contract would be around Rs 54.27
crore.
Jaiprakash Associates delays repayment of fixed deposits to investors.
Jaiprakash Associates withholds principal FD amounts in some cases.
Jaiprakash Associates launched FD scheme in 2012 for tenure of 1, 2,
3 years.
SpiceJet-Have shared a plan with Directorate General of Civil Aviation
(DGCA). Reports of airline suspending operations speculative in
nature.
No fresh proposal by SpiceJet promoters to pump in money. Oil
companies have refused to provide fuel to SpiceJet. Aviation ministry
says do not want passengers to suffer. SpiceJet’s total outstanding at
Rs 2,000 crore, immediate outstanding Rs 1,400 crore.
RBI issues new infrastructure and core sector project finance
restructuring norms. Banks may fix a fresh loan amortisation schedule
for existing project loans once. Only term loans to project exceeding
Rs 500 crore to qualify for refinancing. Lenders can periodically
refinance existing project loans. Flexible restructuring of infra loans
only after project commences commercial operations. NPV of loans
must be the same before & after restructuring.
Maruti Suzuki to hike prices of all models in range of 2-4 % from
January.
IOC cuts petrol, diesel prices cut by Rs 2/litre each w.e.f. last midnight.
Sun-Ranbaxy close to getting US FTC approval for merger. Sun-
Ranbaxy need to sell 1 product for US FTC nod. Sun-Ranbaxy in
advanced stages of talks for sale of product.
Motherson Sumi: Company subsidiary and JV with Samvardhana
Motherson International has signed an agreement for purchase of
assets of Scherer & Trier group (S&T), Germany from its administrator
through its step down subsidiaries
Coal ordinance challenged in SC by CESC, hearing today.
Coal scam: Court to pass order on CBI's Hindalco closure report today.
Tata Motors seeks shareholders approval to increase director’s
remuneration.
Corporate Actions
Ex-dividend :
GATI Rs.0.60/share
ONGC Rs.5.00/share
Securities in Ban for Trade today is: NIL.
Equity Close Chg %chg
Indian Indices
SENSEX 27,319.56 -31.12 -0.11
NIFTY 8,219.60 -4.5 -0.05
BSE MCAP 10,062.58 -46.02 -0.46
BSE SMCAP 10,997.91 -70.57 -0.64
BSE BANKEX 21,048.29 73.08 0.35
BSE METAL 10,559.87 -17.38 -0.16
BSE IT 10,096.67 -200.09 -1.94
BSE FMCG 8,037.95 -79.11 -0.97
BSE OIL & GAS 9,751.79 -48.26 -0.49
BSE AUTO 18,603.98 -70.52 -0.38
World Indices
Dow Jones 17,180.84 -99.99 -0.58
Nasdaq 4,605.16 -48.44 -1.05
Dow Futures* 17,178.00 53.00 0.31
Nikkie* 16,774.92 -324.48 -1.93
Hangseng* 22,836.29 -191.56 -0.84
Net Flows
(Rs.Cr.)
FII (cash) -455.72
DII (cash) 136.02
FII Index Futures 178.62
FII Index Options -960.59
FII Stock Futures -889.34
FII Stock Options -72.13
Indian ADRs
DR REDDY 52.17 -1.73 -3.21
HDFC BANK 49.09 -0.66 -1.33
ICICI BANK 11.33 -0.25 -2.16
INFOSYS 30.88 -0.39 -1.25
MTNL 0.77 -0.01 -1.28
STERLITE 6.22 0 0
TATA MOTORS 41.32 -1.28 -3
WIPRO 11.28 0.1 0.89
Currency
USD/INR 62.94
Put Call Ratio
Index Options 0.91
Stock Options 0.53
India VIX 14.02 0.27 1.95
Source: NW18, BSE, NSE, SEBI, BLOOMBERG, Accord Fintech & Jainam Research.
* figures tend to change as market is opened
Registered Office: Malhar Complex, Dumas Road, Ichchanath, Surat – 395007.
Tel: 0261-305 5555 E-mail: research.report@jainam.biz
MARKET MIRROR
5. Research Team
Tejas Jariwala Research Analyst 0261- 3087016 tejas.jariwala@jainam.in
Yagnesh Patel Research Executive 0261- 3087014 yagnesh.patel@jainam.biz
Nirav Kasariwala Research Executive 0261- 3087015 nirav.kansariwala@jainam.in
Hetal Bhasali Research Executive 0261- 3087015 hetal.bhansali@jainam.biz
Jinal Mandavawala Jr. Research Executive 0261- 3087014 jinal.mandavawala@jainam.biz
Jimit Zaveri Jr. Research Executive 0261- 3087016 jimit.zaveri@jainam.biz
Reports Published By Research Department:
Daily Market Mirror
Daily Derivative Mirror
Weekly Equity Mirror
Weekly Commodity Mirror
Event Analysis Report
IPO/FPO Analysis
Fundamental Analysis Report
Techno- Funda Report
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average, OI= open interest. Some figures are squared up to the nearest.
Registered Office: Malhar Complex, Dumas Road, Ichchanath, Surat – 395007.
Tel: 0261-305 5555 E-mail: research.report@jainam.biz