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 :24 JANUARY 2019

GLOBAL INDICES

NAME CMP NET CH. %

Dow 24575.62 171.14 0.70%

Nasdaq 7025.77 5.41 0.08%

Nikkei 20509.05 -84.67 -0.41%

HANG SENG INDEX 26952.68 -55.52 -0.21%

SGX NIFTY 10861.00 20.00 0.18%

INDIAN INDICES

NAME CMP NET CH. %

BSE SENSEX 36108.47 -336.17 -0.92%

Nifty 50 10831.5 -91.25 -0.84%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 37.65 0.45

HDFCBANK 100.37 -1.52

ICICIBK 10.31 -0.19

INFY 10.53 0

TATA MOTOR 12.64 1.28

WIPRO 5.43 1.5

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) -776

DIIs Eq (Provisional) 584

FIIs Index Future -315

FIIs Index Options -796

FIIs Stock Future -167

FIIs Stock Options -263

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 71.2039

EURO 80.9394

YEN 100 64.9400

GBP 92.2067

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE 52.23 -0.74%

NATURAL GAS 3.028 1.61%

GOLD 1282.3 -0.13%

SILVER 15.36 -0.13%

COPPER 2.6525 -0.08%

MARKET PULSE MARKET PULSE

TOP STORY

MEP Infrastructure: NHAI has given January 21 as appointed date for the project of Construction of Eight Laning of existing Four Lane

Vadape to Thane in Maharashtra to subsidiary MEP Longjian VTR Private Limited.

Apollo Micro Systems: Company has bagged a supply order from Bharat Dynamics worth Rs 12.99 crore.

IDBI Bank: After significant capital infusion by LIC in IDBI Bank, Moody's upgraded ratings in the various instruments of the bank.

Everest Industries: Aditya Vikram Somani has resigned from the position of Chairman of company.

Vodafone Idea: Board approved fund raising up to Rs 25,000 crore by way of a rights issue to existing eligible equity shareholders;

promoter shareholders (Vodafone Group and Aditya Birla Group) intend to contribute up to Rs 11,000 crore and up to Rs 7,250 crore

respectively as part of such rights issue.

Infosys: Company partners with HPE to accelerate enterprise digital transformation

Dil: Company's subsidiary Fermenta Biotech signed a Lease Deed with Gujarat Industrial Development Corporation (GIDC) for plot T -33 + T-

34 in Sayakha Industrial Estate, Gujarat for the purpose of business operations

Bharat Financial Inclusion: Company assigned a pool of receivables of an aggregate value of Rs 832.3 crore to one of the largest public

sector banks on a direct assignment basis. With this transaction, the company has completed direct assignment transactions wo rth Rs

4,697.21 crore in FY19

Blue Dart Express: Board appointed Balfour Manuel, Head - B2B as Chief Executive Officer (CEO) and Key Managerial Personnel of the

company.

Yes Bank, UltraTech Cement, Biocon, Hatsun Agro

Product, Reliance Power, Edelweiss, Sharda Cropchem,

PNB Hous ing Finance, Sintex Industries, Colgate

Pa lmolive (India), Bharat Bijlee, ICRA, Zee Media,

Sunteck Realty, Quess Corp, PVR, Jyothy Laboratories,

RESULTS TODAY

EUR : Main Refinancing Rate

: ECB Press Conference

: French Flash Services PMI

: German Flash Services PMI

: Flash Services PMI

MORNING REPORT: 24 January 2019

MARKET LEVELS

NAME PIVOTNIFTY 10863 10781 10730 10648 10914 10996 11046

USDINR 71.247 71.200 71.114 71.067 71.333 71.380 71.466

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex, fell 336.17 points or 0.92% to settle at 36,108.47. The index hit high of 36,521.47 and low of 36,037.90 in intraday trade.

The Nifty 50 index fell 91.25 points or 0.84% to settle at 10,831.50. The index hit high of 10,944.80 and low of 10,811.95 in intraday trade.

Among secondary barometers, the BSE Mid-Cap index fell 0.28%. The BSE Small-Cap index fell 0.16%.

The market breadth, indicating the overall health of the market, was negative. On BSE, 1068 shares rose and 1477 shares fell. A total of 144 shares were unchanged.

Nifty likely to trade in the range of 10650-11050

NIFTY CHART

MORNING REPORT: 24 January 2019

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

ADVITIYA VAGABOUND TRADEX PRIVATE LIMITED S 72,000 42.37

ARYACAPM SAJANKUMAR RAMESHWARLAL BAJAJ S 135,000 37.15

DHANUKACOM RAJIV GOEL AND SONS HUF B 90,000 8.90

PROFINC RUPAL BHAVIN SHAH S 41,906 200.50

TGBHOTELS ARPIT AGARWAL HUF S 150,000 17.85

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

PITTIENG AMIT KUMAR AGARWAL BUY 150000 56.16

PUNJLLOYD IFCI LTD. SELL 1813012 3.5

SAKETH DOSHI HETAL S SELL 28000 79

SILGO DOSHI HETAL S SELL 36000 36.5

TGBHOTELS ARPIT AGARWAL HUF SELL 150000 17.85

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

In ban: Jet Airways, Relcapital, JISLJALEQS

New in ban: JISLJALEQS Out of ban: Adani Power

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

MORNING REPORT: 24 January 2019

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 385 382 379 387 390 395

ASIANPAINT 1397 1381 1366 1405 1421 1445

AXISBANK 662 658 654 662 666 671

BAJAJ-AUTO 2674 2660 2646 2679 2694 2713

BAJAJFINSV 6493 6423 6352 6475 6546 6598

BAJFINANCE 2634 2613 2591 2633 2655 2675

BHARTIARTL 304 302 299 304 307 310

BPCL 357 355 352 357 359 361

CIPLA 509 507 505 509 512 514

COALINDIA 226 225 224 226 227 229

DRREDDY 2647 2631 2616 2646 2661 2676

EICHERMOT 20089 19979 19869 20101 20211 20333

GAIL 334 331 328 334 337 340

GRASIM 782 771 759 789 800 818

HCLTECH 944 939 933 944 950 956

HDFC 1958 1945 1931 1965 1978 1998

HDFCBANK 2105 2093 2080 2114 2127 2149

HEROMOTOCO 2796 2770 2744 2811 2837 2877

HINDALCO 205 204 202 205 207 209

HINDPETRO 242 239 237 242 244 247

HINDUNILVR 1767 1750 1732 1767 1784 1802

IBULHSGFIN 779 767 754 786 799 818

ICICIBANK 367 365 362 369 372 376

INDUSINDBK 1495 1484 1474 1497 1507 1520

INFRATEL 277 274 271 278 281 284

INFY 732 726 721 734 740 748

IOC 136 135 134 136 137 138

ITC 277 270 263 282 289 302

JSWSTEEL 281 277 273 281 285 289

KOTAKBANK 1277 1265 1254 1282 1293 1310

LT 1301 1294 1287 1301 1308 1314

M&M 696 690 684 700 706 716

MARUTI 7045 7003 6960 7068 7110 7175

NTPC 141 140 138 142 143 145

ONGC 143 142 141 144 145 147

POWERGRID 186 184 182 188 190 194

RELIANCE 1226 1217 1209 1231 1240 1253

SBIN 287 284 281 288 291 296

SUNPHARMA 431 417 403 426 440 448

TATAMOTORS 180 178 176 181 182 185

TATASTEEL 465 458 452 463 469 474

TCS 1876 1862 1848 1884 1898 1920

TECHM 721 713 704 719 727 734

TITAN 962 951 939 969 981 999

ULTRACEMCO 3851 3832 3814 3859 3878 3904

UPL 763 754 746 768 777 791

VEDL 193 191 188 193 195 197

WIPRO 352 348 344 352 356 360

YESBANK 197 194 191 197 200 203

ZEEL 433 425 416 432 441 448

MORNING REPORT: 24 January 2019

s

s

NSE CIRCULARS

BOARD MEETINGS/ CORPORATE ACTION COMPANY NAME DATE PURPOSE

TCS 17-Jan-19 Interim Dividend

MINDTREE 23-Jan-19 Interim Dividend

SUNCLAYLTD 31-Jan-19 Interim Dividend

PERSISTENT 04-Feb-19 Interim Dividend

GODREJCP 05-Feb-19 Interim Dividend

MARICO 12-Feb-19 Interim Dividend

HARITASEAT 13-Feb-19 Interim Dividend

NSE Circular. : Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip)W.e.f. JAN 24, 2019

NSE Circular: Applicability of Additional Surveillance Measure (ASM) (zip)W.e.f. JAN 24, 2019

NSE Circular: Listing of further issue of securities (pdf))w.e.f. JAN 24, 2019

NSE Circular: Listing of Equity Shares of Spencer’s Retail Limited pursuant to the Scheme of Arrangement

(zip)W.e.f. JAN 24, 2019

NSE Circular: Adjustment of Futures and Options contracts in the security KPIT Technologi es Limited (KPIT) (pdf)w.e.f.

JAN 24, 2019

NSE Circular: Cyber Security Advisory (zip)w.e.f. JAN 24, 2019

MORNING REPORT: 24 January 2019

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (Feb) 31660 31900 32140 32355 32650

SILVER (Mar) 37245 38000 39149 40201 41470

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (Feb)

408 414 421 427 433

ZINC (Jan) 181.25 184.90 187.60 191.50 194.75

LEAD (Jan) 138.25 141.10 144.25 148.30 152.70

NICKEL (Jan) 786 804 828 851 869

ENERGY

COMMDITY

(MCX) S2 S1

PIVOT

POINT R1 R2

CRUDE OIL (FEB)

3510 3650 3791 3940 4075

NATURAL GAS (JAN)

202 209 222 234 243

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 24-JAN- 2019

Gold (Spot Dollar) major support =

$1261/$1237 & Resistance =

$1306/$1339.

Crude oil range (WTI)->$48 to $58.

Stocks Gain on Earnings Surprises;

Dollar Declines: Markets Wrap: -

U.S. equities advanced as higher-than-

forecast results from IBM, Procter &

Gamble and United Technologies helped

ease mounting concern over economic

growth, trade talks and the government

shutdown. Treasury bond yields rose

and the dollar’s six-day rally stalled.

Dollar near three-week high as

central banks eyed: - The dollar held

near a three-week high on Wednesday

after the Bank of Japan left monetary

policy unchanged, boosting risk appetite

and sending the yen lower. With Tokyo

sounding a cautious note on the outlook

for global growth, attention shifted to

the European Central Bank, which meets

on Thursday. Markets expect it to

acknowledge growing threats to the euro

zone economy.

Gold Prices Drop as Risk Appetite

Returns: - Gold prices dropped on

Wednesday as investors opted to rotate

out of the safe-haven asset in favor of

stocks after a handful of Dow

components reported better-than-

expected quarterly earnings.

Russian oil output edges up to 11.39

million bpd during January 1-22:

source: - Russia slightly increased its

oil production to 11.39 million barrels

per day (bpd) on average between Jan.

1 and Jan 22, a source familiar with the

Energy Ministry data told Reuters on

Wednesday. Russian oil output averaged

11.38 million bpd between Jan. 1-10.

Under a global oil supply cut deal,

Russia agreed to cut its oil production

from the 11.41 million bpd it pumped in

October. The Energy Ministry did not

immediately reply to a Reuters request

for a comment.

WEF Annual Meetings, ECB Press Conference,

Main Refinancing Rate of ECB, Unemployment

Claims, Flash Manufacturing PMI, Flash

Services PMI, CB Leading Index m/m, Natural

Gas Storage, Crude Oil Inventories.

MORNING REPORT: 24 January 2019

MORNING REPORT: 24 January 2019

MORNING REPORT: 24 January 2019

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