have a good trading day · morning report: 13 december 2018 $1270/$1296 zinc (dec had forecast a...
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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
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
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
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
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
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
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.
MORNING REPORT: 13 December 2018
MORNING REPORT: 13 December 2018
MORNING REPORT: 13 December 2018
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