See the Commodity Price of Gold, Sliver, Copper, doller/Rs and many more. Narnolia Securities Limited Market Diary 17-01-2014 http://www.narnolia.com/index.php/category/archieve/market-diary/
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
See the Commodity Price of Gold, Sliver, Copper, doller/Rs and many more. Narnolia Securities Limited Market Diary 17-01-2014
1. 17th Jan 2014
MARKET DIARY
SGX NIFTY :
6311.50 ( 13pts
Down )
Quote of The Day
"The boom and the bust were normal—just
two more swings in stock returns over the
past century. Reversion to the mean is the
iron rule of the financial markets." John
Bogle
MARKET
Name
Sensex
Nifty
DOW
NASDAQ
CAC
Value
21265.18
6318.9
16417.01
4218.69
4319.27
Change
(24.31)
(2.00)
(64.93)
3.81
(12.80)
DAX
FTSE
NIKKIE
HANG SENG
9717.71
6815.42
15641.94
22881.91
(16.10)
(4.44)
(105.96)
(105.40)
EW ALL SHARE
10130.85
(17.38)
Chart of the Day
Central Govt Fiscal Policy - key Indicators
INSTITUTIONAL TURNOVER
FII
Investor
Buy(Cr.)
Sale(Cr.)
Net(Cr.)
16th Jan, 14
3676.96
3,197.68
479.28
Jan,14
2014
Index Action-Nifty (16th Jan, 14)
30086.62
30086.62
28,816.76
28,816.76
1269.86
1269.86
DII
Investor
Contents
Derivative Research
News
Result Calendar
Economic calendar
Result Q3FY14
Page
2
Coverage
UPDATE
3
UPDATE
3 to 10
UPDATE
11
10
UPDATE
UPDATE
Sale(Cr.)
Net(Cr.)
16th Jan, 14
Jan,14
2014
Index
Buy(Cr.)
868.11
11014.85
11014.85
1,659.86
13,692.68
13,692.68
(791.75)
(2677.83)
(2677.83)
COMMODITY PRICE
COMMODITY/CURRENCIES
Value
GOLD
29006.00
SILVER
44485.00
CRUDEOIL
105.53
↓
↓
↓
COPPER
NATURALGAS
456.16
267.60
↓
↓
DOLLAR/RS.
EURO/RS.
POUND/RS.
61.54
83.75
100.46
↓
↓
↓
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
1
2. Derivative Research
NIFTY SNAPSHOT
Nifty Spot
Nifty Jan 2014 Future
6318.90(-2)
6331
Nifty Feb 2014 Future
Nifty Jan 2014 Open Interest
6367
19025600
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
2436050
6238
6245
6192
GRAPH
15.54(+0.12)
1.08
Nifty (Jan Series) Option OI Distribution:
Index Outlook
Activity of Nifty (Jan Series) Strike
CALL
OI
% Chng
6000
741850
-4.1
6100
879600
-2.3
6200
2463550
-8.1
6300
4730250
-2.4
6400
4763850
-2.4
6500
3965800
2.2
Fresh Long Seen In (Rising OI -Rising Price)
Scrip
OI
OI ch%
MRF
53,250
22.1
PTC
60,72,000
19.7
COALINDIA
126,73,000
13.1
BHARATFORG
21,20,000
9.2
HCLTECH
35,58,750
6.7
RISE IN PCROI
STOCK
T1
HDFC
1.70
COALINDIA
1.14
UBL
0.61
HCLTECH
1.87
BHARATFORG
0.23
FIIs Activity (Fig in Cr)
Segment
PUT
OI
Buy
Sell
Net
% Chng
5055050
5679800
6540750
4507800
1455450
523250
CMP
3.4
4.4
-8.9
8.2
8.8
-0.7
Ch%
19805.8
60.8
302.7
348.8
1391.9
T2
1.11
0.75
0.40
1.27
0.16
3.0
2.4
2.6
4.3
4.2
INDEX FUTURE
INDEX OPTION
STOCK FUTURE
STOCK OPTION
TOTAL
2,431
13,566
1,965
1,512
19,475
Fresh Shorts Seen In: (Rising OI -Falling Price)
Scrip
OI
OI ch%
BHARTIARTL
155,23,000
18.8
BHARTIARTL
155,23,000
18.8
PETRONET
32,54,000
14.7
IDEA
110,90,000
8.0
MCLEODRUSS
34,34,000
7.5
FALL IN PCROI
STOCK
T1
IDEA
0.47
BAJAJ-AUTO
0.43
ONGC
0.66
BIOCON
0.28
IOB
0.45
1,945
14,462
1,927
1,580
19,913
CMP
315.5
315.5
115.5
156.1
286.6
T2
0.60
0.53
0.79
0.33
0.53
487
(895)
38
(68)
(438)
Ch%
-4.8
-4.8
-2.6
-7.3
-4.1
3. Markets Snapshot
Top Price Performers
Top Performers
Top Performers 1D
% Change
Top Performers 1W
% Change
INFINITE
19.49
CHIRAWA
40.05
1M
SIGRUN
% Change
MARKSANS
12.15
RAMANEWS
35.40
FINANTECH
104.07
RBN
BBL
9.97
9.97
GOLDTECH
BVCL
27.30
27.29
RAMANEWS
GATI
89.90
84.76
GITANJALI
9.95
PATEL SAI
27.23
BVCL
82.30
166.67
Worst Price Performers
Worst Performers
1D
% Change
Worst Performers
1W
% Change
Worst Performers
1M
% Change
KIRLOSENG
(9.41)
ADINATHBI
(26.09)
GLOBALCA
(60.78)
MAHAPOL
(9.11)
BLCISER
(22.40)
INDINFO
(48.44)
RUSHIL
(7.85)
CHROMATIC
(22.22)
TUNITEX
(42.65)
IDEA
(7.25)
TUNITEX
(22.19)
MURLIIND
(37.23)
NECLIFE
(6.90)
MOREPENLAB
(21.74)
ZENITHBIR
(31.62)
Top News :
• Corporation Bank News Clarification : News regarding "Corporation Bank signs pact with Geojit for integrated account", Corporation Bank has
clarified to BSE that "The Bank signed an MOU with M/s. Geojit BNP Paribas Financial Services Ltd., on January 10, 2014 to offer Trading account
facilities to its retail customers. This has been done consequent upon withdrawal of Trading account facilities by HSBC Invest Direct to retail
customers of the Bank".
• Ramco Systems announced five new wins its Cloud ERP and Aviation MRO offering in Q3 FY 2013-14. This includes Denmark-based,
DanCopter, Eagle Air, in Iceland, Ellinair in Greece, Aerogulf Sola Engine Centre in Norway and Enspec Power .
• Talwalkars Better Value Fitness Ltd Clarification : Company understand from media reports that one, Mr. Rohit Talwalkar, has been arrested
on account of alleged service tax evasion. Company would like to state that the said Rohit Talwalkar is not associated with Talwalkars Better
Value Fitness Limited in any capacity whatsoever. Whatever entity he represents just happens to share a part of our name and this event has no
connection with our company or its operations.
• EGoM has approved the sale of government stake in Indian Oil through block deals to ONGC and Oil India . The stake sale is likely to happen
within a week, which is likely to fetch the government Rs 4,000-4,500 crore . With Indian Oil expected to make a revenue loss of Rs 74,700 crore
this year on sale of diesel, LPG and kerosene, the government did not find enough interest among the investor community for the stake sale.
• Speciality Restaurants Ltd has been incorporated of a joint venture company at Doha, Qatar . The company purpose of running and operating
of restaurants in Doha, Qatar under the brand name of "Mainland China " . The Al Mohannadi Gr & company will hold 51% & 49 % of the share
capital of the JV .
• L&T Clarification : News regarding " L&T in talks with investors to sell stake in Tamil Nadu terminal, seeks Rs 2,500 crore for its 97% stake".
The Company has clarified that "Company has large portfolio of infrastructure assets, strategic players/investors express interest in some of
these assets from time to time. The Company evaluates these expressions of interest and if found value accretive, proceeds to the next stage.
On this asset, such a stage has not been reached .
• Moody's has given India an investment grade rating of Baa3 with a stable outlook. This follows the World Bank report which projected India’s
growth to rise to over 6 percent in FY2014-15 followed by 7.1 percent growth in FY2016-17.
• Eurostat said consumer price inflation rose by a seasonally adjusted 0.8% last month, unchanged from an initial estimate and in line with
expectations. Euro zone inflation rose by 0.9% in November. The rate remains firmly below the European Central Bank's target of near but just
below 2%.
• Italian Trade Blance fell to a seasonally adjusted 3.09B, from 4.06B in the preceding month whose figure was revised down from 4.07B .
Analysts had expected Italian Trade Blance to fall to 3.88B last month .
• Federal Statistical Office Germany said that German CPI rose to a seasonally adjusted 0.4%, from 0.4% in the preceding month. Analysts had
expected German CPI to rise 0.4% last month.
4. Management Tweets :
• Bajaj Auto Mgt Guideline : Company expects to regain its lost market share in the motorcycle segment through strong sales of its Discover
variants . Lanuching 100-cc Discover variant in october would be give full benifits in current quater . The company is also launching a 125-cc
version of Discover in March. Both models put together will help the company recoup the 2-3 percentage point market share loss it has suffered
over the last few months. The margins would not benefit from the currency advantage going forward. On future plans, Bajaj dismissed any talks
of entering the scooter segment saying as the market for scooters was barely a third of that for motorcycles.Mgt confident that company's
market share and volumes have bottomed out in Q3 and will see better days in Q4.
• South Indian Bk Mgt Guideline : Mgt is confident of sustaining profitability going ahead. NII is the difference between interest earned and
interest expended. Going forward, the bank would aggressively focus on recovery and aims to reduce its gross NPA and net NPA below 1.5
percent and 1 percent respectively by March.
• Jain Irrigation Mgt Guideline : Company is expecting to report significant margin improvement in the seasonally strong fourth quarter . Fourth
quarter is sesaonally strong, almost 40 percent of sales come through in this quarter and company is now seeing all businesses clocking very
good growth . Company is also hopeful of clocking more than 25 percent growth in its standalone operations for FY14. Mgt is also upbeat on
export revenue growth and expects it be around Rs 1,000-1,100 crore for FY14 . Total foreign exchange loan stands at USD 220 million, out of
which around USD 100-110 million is unhedged. Further, Mgt expects receivables to decline from the current 270 days to three months over the
next few quarters.
• YES Bank Mgt Guideline : Bank expects the bank's net interest margin (NIM) to improve hereon due to better liquidity in the system. Company
should be restoring margins as soon as Q4 because the worst of margins was somewhere around September-October period. It is already
normalising and the NII growth therefore should begin to slightly lead the balance sheet growth in terms of the current context . Bank expects
the loan book to grow at 15 percent in the coming quarters, and net interest income to grow at 16-18 percent . Bank should be tracking industry
growth levels and March should be relatively more volume growth oriented. The small expectation is that there will be an increase pick up,
interest rate factors are also beginning to play their role sooner than later .
• Bajaj Fin Mgt Guideline : The company, which has a current loan growth around 30 percent, expects the full year growth at 25 percent .
Comapny think Q4 will be tougher than the first three quarters given what company see on the ground. So it would be lower than the first three
quarters , Mgt would definitely hold full year at 25 percent .
Result Calendar Q3FY14
Bse Code
532166
500033
500183
509162
524378
530129
531626
530419
506690
534804
531209
530805
532475
522134
500820
522005
532645
523229
532548
504671
531775
504340
511072
531162
Company Name
Alka Securities
Force Motors-$
Himachal Futur
Indag Rubber-$
JMDE Pack
Nile
Orosil Smiths-$
Sumedha Fisc
Unichem Lab
Care
Nucleus Soft
Anugraha Jewel
Aptech
Artson Engr
Asian Paints
Austin Engr
Beeyu Overseas
Bharat Seats-$
Century Ply-$
Chase Bright
Cistro Tele
Confidence Trad
Dewan Housing
Emami-$
Date
18-Jan-14
18-Jan-14
18-Jan-14
18-Jan-14
18-Jan-14
18-Jan-14
18-Jan-14
18-Jan-14
18-Jan-14
19-Jan-14
19-Jan-14
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20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
Bse Code
508980
531600
530001
526967
532414
511357
500233
532987
532663
536666
512527
500405
513434
532538
511431
532953
509966
524661
511756
524598
502330
532853
500477
500830
Company Name
Frontier Leas
GOGIA CAP
Gujarat Alk
Heera Ispat
IKF Tech
Kailash Auto
Kajaria Cerm
Rane Brake
Sasken Comm
STAR FERRO
Super Sales-$
Supreme Petro
Tata Metaliks
Ultratech Cem
VAKRANGEE-$
VGuard Inds
VST Inds
Welcure Drugs
Abirami Fin
Aksharchem-$
AP Paper
Asahi Songwon
Ashok Leyland
Colgate Palmolive
Date
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
20-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
5. 532927
533208
500150
533676
532777
507981
590053
500247
530273
526179
500262
532654
503772
532892
532988
532841
530219
523222
508969
532301
500411
500420
519214
519224
504067
533573
531581
520119
509449
503960
532523
514440
500096
500010
519552
505982
535789
505737
532400
500510
532720
523558
512245
532661
500330
524446
502090
505827
530759
509930
519483
Eclerx Serv
Emami Paper
Foseco India
Indo Thai Sec
Info Edge India
Jindal Hotels
KAR Mobiles-$
Kotak Mah Bank
Liberty Phos
Ludlow Jute
Mafatlal Fin
Mcleod Russel
Modella Wool
Motilal Oswal
Rane Engine
Sahyadri Inds
SHREEYASH
SRM Ener
Sulabh Engr
Tata Coffee
Thermax
Torrent Pharma
Williamson Fin
Williamson Magor
Zensar Tech
Alembic Pharma
Alka Diamond
Automotive Stamp
Bhagwati Oxy
Bharat Bijlee-$
Biocon
BPTEX
Dabur India
HDFC
HERITGFOOD
Hinduja Found-$
IBUL HSG FIN
International Comb
KPIT CUMMIN
L&T
Mahindra & Mah Fin
Network
Nivi Trading
Rane Madras
Raymond
Sabero Organics
Sagar Cements-$
SNL Bearings
Sterling Tools-$
Supreme Inds
Tai Inds-$
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
21-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
504961
532804
533258
532893
505412
505537
522273
500008
512247
511501
534816
500067
532792
532913
532839
500630
534063
531399
531531
532960
532814
533519
505320
523704
503015
531096
504882
531049
500672
530367
500314
508941
500162
532083
520141
516108
524727
512257
510245
533655
532156
532794
502015
533138
500027
500049
503673
506395
532178
500650
532296
Tayo Rolls-$
Technocraft
Tirupati Inks
VTM
Wendt India
Zee Entert
Ahmedabad Steel
Amara Raja
Ashirwad Cap
Bharat Bhushan Share
Bharti Infratel
Blue Star
Cairn India
Circuit Sys
Dish TV India
Essar Ports
Futuristic Sol
GG Automotive
Hatsun Agro
Indiabulls Sec
Indian Bank
L&T Finance Holdings
Lynx Machinery
Mastek
Modern India-$
Mount Everest Min
National Stand
Neelkanth Rock
Novartis India
NRB Bearings
Oriental Hotels
Panasonic Carb-$
Parrys Sugar
Shri Kalyan Hld
Sibar Auto
South India Pap
Span Diag-$
SVARTCORP
Swasti Vinay Syn
Triveni Turbine
VAIBHAVGBL
ZEEMEDIA
Associated Ston
ASTEC
Atul
Bharat Elect
CMM Broadcast
Coromandel Intl
Engineers India
Excel Inds
Glenmark Pharma
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
22-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
23-Jan-14
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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
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
24-Jan-14
11. Economic Calendar
Monday
13-Jan-14
US
Federal Budget Balance .
UK/EURO
ZONE
Italian Industrial Production m/m .
INDIA
CPI Data
Tuesday
14-Jan-14
Wednesday
15-Jan-14
Thursday
16-Jan-14
Core CPI m/m , Unemployment Claims , CPI
Core Retail Sales m/m , Retail Sales m/m
PPI m/m , Core PPI m/m , Empire State
m/m , TIC Long-Term Purchases , Philly Fed
, Import Prices m/m , Business
Manufacturing Index , Crude Oil Inventories
Manufacturing Index , NAHB Housing Market
Inventories m/m .
, Beige Book .
Index , Natural Gas Storage .
French CPI m/m , French Gov Budget
Balance , CPI y/y , PPI Input m/m , RPI
y/y , Industrial Production m/m .
Friday
17-Jan-14
Building Permits , Housing Starts ,
Capacity Utilization Rate , Industrial
Production m/m , Prelim UoM Consumer
Sentiment , Prelim UoM Inflation
Expectations , JOLTS Job Openings .
ECB Monthly Bulletin , German Final CPI m/m
French 10-y Bond Auction , Trade Balance ,
German WPI m/m , Retail Sales m/m , 10, Italian Trade Balance , CPI y/y , Core CPI y/y ,
CB Leading Index m/m .
y Bond Auction , 30-y Bond Auction .
Italian 10-y Bond Auction .
WPI Data
12. 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
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