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 :26 MARCH 2019

GLOBAL INDICES

NAME CMP NET CH. %

DOW 25516.83 14.51 0.06%

NASDAQ 7637.54 -5.13 -0.07%

NIKKEI 21372.63 395.52 1.89%

HANG SENG 28681.23 157.88 0.55%

SGX NIFTY 11364.00 -1.50 -0.01%

INDIAN INDICES

NAME CMP NET CH. %

SENSEX 37808.91 -355.7 -0.93%

Nifty 50 11354.25 -102.65 -0.90%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 40.02 2.2

HDFCBANK 112.17 -0.13

ICICIBK 10.98 -0.9

INFY 10.82 -0.55

TATA MOTOR 12.28 -1.13

WIPRO 3.96 -1.25

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) 150

DIIs Eq (Provisional) -13

FIIs Index Future -153

FIIs Index Options 3617

FIIs Stock Future -785

FIIs Stock Options -80

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 68.9903

EURO 77.9735

YEN 100 62.7600

GBP 90.8731

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE OIL 59.21 0.66%

NATURAL GAS 2.762 0.25%

GOLD 1320.6 -0.15%

SILVER 15.545 -0.14%

COPPER 2.8525 -0.14%

MARKET PULSE MARKET PULSE

TOP STORY

Piramal Health: Company gets tentative US FDA nod for Antipsychotic Drug, Lurasidone Hydrochloride

Indiabulls Real Estate: To raise Rs 600 crore Via NCDs

Titan Company: Appoints Pradyumna Rameshchandra Vyas as Independent Director of company

DCM Shriram: Sumant Bharat Ram resigns as Chief Executive & Financial Officer w.e.f March 31

ICICI Prudential: Prudential Corp to sell up to 2.6% stake via OFS; Floor Price set at Rs 300 per share

Suzlon Energy: Completes sale of Wind & Solar Subsidiaries

Jet Airways: Resolution plan - Conversion of Re 1 of Lenders' debt into 11.4 crore equity shares. Two nominees of promoter - Naresh Goyal and Anita Goyal, and one nominee of Etihad Airways PJSC to step down from the Board. Naresh Goyal to cease the be the Chairman of the company.

Grasim Industries: The Bombay High Court granted a stay against the recovery demand worth Rs 5,872.13 crore on account of dividend distribution tax.

Newgen Software Technologies: Company said it will incorporate Australian arm with an initial investment of 1.5 million Australian Dollars.

NONE

RESULTS TODAY

GBP : MPC Member Broadbent Speaks

USD : CB Consumer Confidence

: Building Permits

MORNING REPORT: 26 March 2019

MARKET LEVELS

NAME PIVOTNIFTY 11354 11312 11270 11228 11396 11438 11480

USDINR 68.943 68.672 68.435 68.164 69.180 69.451 69.688

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex fell 355.70 points or 0.93% to settle at 37,808.91, its lowest closing level since 14 March 2019. The index fell 147.85 points, or 0.39% at the day's high of 38,016.76. The index fell 497.21 points, or 1.30% at the day's low of 37,667.40.

The Nifty 50 index fell 102.65 points or 0.90% to settle at 11,354.25, its lowest closing level since 14 March 2019. The index fell 61.25 points, or 0.53% at the day's high of 11,395.65. The index fell 145.30 points, or 1.27% at the day's low of 11,311.60.

Selling was broad based. The S&P BSE Mid-Cap index fell 1.06%. The S&P BSE Small-Cap index fell 1.16%.

The market breadth, indicating the overall health of the market, was weak. On the BSE, 792 shares rose and 1884 shares fell. A total of 193 shares were unchanged.

Nifty likely to trade in the range of 11260-11500

NIFTY CHART

MORNING REPORT: 26 March 2019

BULK DEALS (BSE) SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

ARNOLD IRIS BUSINESS SOLUTIONS PRIVATE

LIMITED S 801,000 8.00

DHANVARSHA TRUVALUE AGRO VENTURES PRIVATE

LIMITED B 200,000 50.35

MEHAI RATHOD MANOJ CHHAGANLAL HUF S 60,000 74.00

RATNABHUMI RUDRAVEERYA DEVELOPERS LIMITED S 70,000 72.44

REGENCY MITESH KUMAR B 21,000 27.16

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

SOUTHWEST JAIN VIKAS BUY 94400 47.9

GSS MANPHOOL EXPORTS LTD BUY 90000 119.5

RAMASTEEL MADHUKAR SHETH BUY 100000 102.1

SHAIVAL MAYUR INDRAKANT KAMDAR BUY 108000 29.4

RELIABLE NADIYA BIPINKUMAR KHODIDAS SELL 76000 47.27

SCRIP’S IN F&O BAN (To resume for normal trading below 80% of market wide limit required)

In ban: IDBI, , ADANIENT, RPOWER, ADANIPOWER, PNB

New in ban: NONE

Out of ban: JETAIRWAYS

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

MORNING REPORT: 26 March 2019

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 361 355 349 359 365 369

ASIANPAINT 1458 1448 1437 1462 1472 1486

AXISBANK 746 740 733 747 753 761

BAJAJ-AUTO 2958 2927 2896 2946 2977 2997

BAJAJFINSV 6917 6876 6834 6922 6964 7011

BAJFINANCE 2850 2813 2777 2838 2874 2899

BHARTIARTL 327 322 317 328 334 340

BPCL 384 377 371 381 388 392

CIPLA 527 519 511 524 532 536

COALINDIA 237 233 228 236 241 244

DRREDDY 2781 2739 2697 2769 2810 2840

EICHERMOT 21151 21005 20858 21197 21344 21536

GAIL 352 345 339 349 355 359

GRASIM 815 810 804 813 819 822

HCLTECH 1018 1010 1002 1020 1027 1037

HDFC 1946 1930 1915 1954 1969 1992

HDFCBANK 2281 2260 2239 2274 2295 2309

HEROMOTOCO 2576 2539 2502 2574 2611 2646

HINDALCO 205 203 200 205 207 209

HINDPETRO 274 268 263 272 278 281

HINDUNILVR 1674 1660 1646 1674 1688 1701

IBULHSGFIN 713 706 699 714 721 729

ICICIBANK 384 381 379 385 387 390

INDUSINDBK 1684 1672 1661 1686 1697 1711

INFRATEL 307 303 299 309 313 318

INFY 735 730 724 736 742 748

IOC 164 158 151 162 169 173

ITC 295 293 291 295 297 299

JSWSTEEL 279 276 273 279 282 285

KOTAKBANK 1309 1298 1287 1314 1325 1342

LT 1377 1368 1360 1379 1387 1398

M&M 665 660 656 668 672 679

MARUTI 6523 6469 6415 6545 6599 6675

NTPC 135 134 132 136 137 139

ONGC 159 153 147 157 163 166

POWERGRID 202 197 192 200 205 209

RELIANCE 1324 1315 1306 1326 1335 1346

SBIN 0 0 0 0 0 0

SUNPHARMA 465 461 457 465 469 473

TATAMOTORS 171 170 169 172 173 175

TATASTEEL 515 509 503 513 520 524

TCS 1984 1972 1959 1990 2002 2020

TECHM 790 786 781 790 795 800

TITAN 1100 1092 1083 1099 1108 1115

ULTRACEMCO 3871 3844 3816 3877 3905 3938

UPL 913 902 891 917 928 943

VEDL 168 167 166 169 170 172

WIPRO 257 254 252 258 260 264

YESBANK 247 245 244 248 250 252

ZEEL 416 407 398 423 433 449

MORNING REPORT: 26 March 2019

s

s

NSE CIRCULARS

BOARD MEETINGS/ CORPORATE ACTION

COMPANY NAME DATE PURPOSE

STAN 7-Mar-19 Dividend

NATIONALUM 11-Mar-19 Interim Dividend

RECLTD 11-Mar-19 Interim Dividend - Rs 11 Per Share

VEDL 13-Mar-19 Interim Dividend

POWERGRID 14-Mar-19 Interim Dividend

HDFCLIFE 14-Mar-19 Interim Dividend

SUNCLAYLTD 18-Mar-19 Interim Dividend

TVSMOTOR 18-Mar-19 Interim Dividend

HUDCO 20-Mar-19 Interim Dividend

INDNIPPON 22-Mar-19 Interim Dividend

TIDEWATER 22-Mar-19 Interim Dividend

UNITEDTEA 25-Mar-19 Interim Dividend

NLCINDIA 26-Mar-19 Interim Dividend

CRISIL 28-Mar-19 Annual General Meeting / Dividend Rs - 11 Per Share

NSE Circular. : Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip)W.e.f. MAR 26, 2019

NSE Circular: Applicability of Additional Surveillance Measure (ASM) (zip)W.e.f. MAR 26, 2019

NSE Circular: Listing of further issues of Axis Bank Limited, Crompton Greaves Consumer Electricals Limited, D.B.Corp

Limited, Sun Pharma Advanced Research Company Limited, Vaibhav Global Limited and Yes Bank Limited (pdf))W.e.f.

MAR 26, 2019

NSE Circular: Adjustment of Futures and Options contracts in the security IDEA (pdf)))W.e.f. MAR 26, 2019

NSE Circular : Adjustment of Futures and Options contracts in the security ONGC (pdf)w.e.f. MAR 26, 2019

NSE Circular: Suspension of trading in equity shares - Sharon Bio-Medicine Limited (pdf)w.e.f. MAR 26, 2019

NSE Circular: Proposed Offer for Sale of ICICI Prudential Life Insurance Company Limited (zip)))w.e.f. MAR 26, 2019

MORNING REPORT: 26 March 2019

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (APR) 31770 31957 32165 32425 32659

SILVER (MAY) 36630 37700 38470 39445 40390

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (APR)

424 430 436 443 448

ZINC (MAR) 190.60 193.30 196.25 199.60 202.75

LEAD (MAR) 132.10 135.25 138.45 142.65 146.70

NICKEL(MAR) 850 866 885 907 925

ENERGY

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

CRUDE OIL (APR)

3845 3966 4060 4170 4248

NATURAL GAS (MAR)

181 186 190 195 201

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 26-MAR- 2019

Gold (Spot Dollar) major support =

$1293/$1270 & Resistance =

$1348/$1370.

Crude oil range (WTI)->$54 to $64.

Stocks - Wall Street Presses Lower

as Economic Concerns Dominate: -

Wall Street pressed lower on Monday as

concerns over the economic outlook

outweighed positive market

developments and risk aversion

dominated.

Forex - Markets Brace for More

Volatility After Sell-Off Continues in

Asia: - The dollar is edging lower early

Monday in Europe but holding on to

most of the gains it made during

Friday’s big risk-off movement in global

markets. The weekend may have offered

markets the chance to cool down and

reflect on Friday’s events, but they have

opened in negative mood again. Stock

markets and bond yields have

plummeted from Japan to Australia and

Hong Kong as traders zero in on how

10-year Treasury yields fell below 3-

month rates on Friday – a development

that has in the past preceded a

recession.

Gold Prices Rise to 1-Month Highs as

Global Growth Worries Spur Safe-

Haven Demand: - Gold prices rose to a

one-month high on Monday as lingering

concerns over the outlook for the global

economy increased demand for the safe-

haven precious metal, despite positive

data out of Germany and some relief

that the investigation into alleged

collusion in the 2016 election campaign

ended without charges against U.S.

President Donald Trump.

Oil Prices Slip as Global Growth

Concerns Linger: - Oil prices were

struggling to recover from Friday's

tumble on Monday, as concerns over the

outlook for the global economy

continued to weigh on investor

sentiment.

FOMC Member Rosengren Speaks, FOMC

Member Evans Speaks, Building Permits,

Housing Starts, HPI m/m, S&P/CS

Composite-20 HPI y/y, CB Consumer

Confidence, Richmond Manufacturing Index.

MORNING REPORT: 26 March 2019

MORNING REPORT: 26 March 2019

MORNING REPORT: 26 March 2019

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