5th FEB 2016

Husains

MARKET WRAP

The market has ended higher, snapping three days of weakness. The Sensex was up

115.11 points or 0.5 percent at 24338.43, and the Nifty up 42.20 points or 0.6

percent at 7404. About 1074 shares have advanced, 1571 shares declined, and 126

shares are unchanged.

Hindalco, ONGC, L&T, Adani Ports and Tata Motors were gainers while Lupin, NTPC,

Cipla, Bajaj Auto and SBI were losers in the Sensex.

BROAD MARKET INDICES

INDEX P. CLOSE OPEN HIGH LOW CLOSE %CHANGE

NIFTY 50 7,361.80 7,411.45 7,457.05 7,365.95 7,404.00 0.57%

NIFTY NEXT 50 17,859.55 18,050.80 18,089.15 17,729.30 17,858.15 -0.01%

NIFTY100 LIQ15 2,668.30 2,696.35 2,699.30 2,649.00 2,675.05 -2.04%

NIFTY MIDCAP 50 2,965.65 2,997.95 3,009.40 2,905.50 2,941.70 -0.81%

Contact No. +91-903-977-7700 www.moneyclassicresearch.com

ASIAN INDEXES

INDEX OPEN HIGH LOW CLOSE %CHANGE

NIKKEI 225 17,071.11 17,209.56 16,941.88 17044.99 -0.86

HANG SENG 19,190.36 19,338.37 19,166.18 19,183.09 1.01%

TAIWAN 8,117.22 8,117.22 8,036.60 8,063.00 -0.84%

SSE 2,751.43 2,793.30 2,751.31 2,781.80 1.55%

INDIAN MAJOR SECTORAL INDICES

INDEX P. CLOSE OPEN HIGH LOW CURRENT %CHANGE

NIFTY BANK 14,834.05 14,969.20 14,978.35 14,761.40 14,869.15 0.24%

NIFTY FIN SERVICE 6,244.20 6,293.70 6,314.00 6,234.35 6,267.90 0.38%

NIFTY PHARMA 11,343.90 11,424.00 11,465.65 11,065.15 11,215.50 -1.13%

NIFTY IT 11,122.25 11,178.25 11,289.80 11,148.15 11,213.65 0.82%

Contact No. +91-903-977-7700 www.moneyclassicresearch.com

STOCK UPDATE

Bajaj Auto Q3 beats estimates, profit up 4.7% on

other income

Two-wheeler manufacturer Bajaj Auto 's third quarter earnings surpassed analysts’

expectations on Thursday with profit rising 4.7 percent year-on-year to Rs 901.5

crore on better-than-expected operational performance and other income.

Revenue declined 1.6 percent to Rs 5,565 crore in quarter ended December 2015

compared to Rs 5,657.2 crore in year-ago period due to lower sales volume growth.

Sales volume in December quarter declined 3 percent to 9.51 lakh units YoY due to

slowdown in many export markets. Export volumes fell 16 percent YoY to 4.1 lakh

units in Q3 due to sharp slowdown in demand in Africa and Latin America. Lack of

availability of dollars in key markets also impacted export sales.

Contact No. +91-903-977-7700 www.moneyclassicresearch.com

Tata Steel may post Q3 loss at Rs 1000 cr on lower

metal prices

Tata Steel, one of the country's largest steel companies, is likely to disappoint

analysts with third quarter earnings on February 4. It may post a loss of Rs 1,000

crore during the quarter against profit of Rs 157.11 crore in year-ago period,

according to analysts polled by CNBC-TV18. Lower global steel prices and weak

demand may impact overall earnings while higher steel imports may hurt

operations.

Revenue is likely to decline 15.7 percent to Rs 28,355 crore in quarter ended

December 2015 compared to Rs 33,633 crore in corresponding quarter of last fiscal.

Contact No. +91-903-977-7700 www.moneyclassicresearch.com