India Equity Analytics for today - Neutral rating on YES BANK, CMC and buy NIIT Tech

8/13/2019 India Equity Analytics for today - Neutral rating on YES BANK, CMC and buy NIIT Tech

http://slidepdf.com/reader/full/india-equity-analytics-for-today-neutral-rating-on-yes-bank-cmc-and-buy 1/6

16th Jan 2014

MARKET DIARY

Index ↓

Contents Page Coverage ↓

2 UPDATE ↑

News 3 UPDATE ↑

4 UPDATE ↑

5 UPDATE ↑

5 UPDATE ↑

↓

1

Result Calendar

15867.45 58.72

Jan,14

(1886.08)

790.58

DII

Net(Cr.)

22973.52 71.52

713.29

82.92EW ALL SHARE 10148.23

25,619.08

26409.66

Economic calendar

781.70 (690.02)

44736.00

GOLD 29005.00

2014 10146.74

10146.74 12,032.82 (1886.08)

12,032.82

1,471.72

COPPER 459.65

NATURALGAS

INSTITUTIONAL TURNOVER

HANG SENG

FII

Sale(Cr.)

Chart of the Day

Net(Cr.)

57.87

193.30

6819.86 53.00

Investor Buy(Cr.) Sale(Cr.)

2014 26409.66

2,921.96

Index Action-Nifty (15th Jan, 14) Jan,14

NASDAQ

CAC

15th Jan, 14 3635.25

DAX

WPI Trend

NIKKIE

Buy(Cr.)Investor

25,619.08

FTSE

4332.07

9733.81

271.40

COMMODITY PRICE

CRUDEOIL

ValueCOMMODITY/CURRENCIES

EURO/RS. 83.84

Narnolia Securities Ltd. 124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196

email: [email protected], website : www.narnolia.com

POUND/RS. 100.76

Result Q3FY14

Derivative Research

DOLLAR/RS. 61.54

MARKET

Name Value Change

Sensex 21289.49 256.61

107.00

15th Jan, 14

SILVER

Nifty 6320.9

790.58

79.05

DOW 16481.94 108.08

4214.88 31.86

Quote of The Day

"Compound interest is the eighth wonder

of the world. He who understands it,

earns it ... he who doesn't, pays it." Albert

Einstein

SGX NIFTY : 6343

16 pts Up )



NIFTY SNAPSHOT

Nifty Spot

6328

Nifty Feb 2014 Future 6361

18204150

Nifty Feb 2014 Open Interest 22379506216

21 DMA of Spot NIfty 6236 GRAPH

6191

VOLATILITY INDEX (VIX)

1.03

Nifty (Jan Series) Option OI Distribution:

Index Outlook

Activity of Nifty (Jan Series) Strike FIIs Activity (Fig in Cr)

CALL PUT Segment Buy Sell Net

OI % Chng OI % Chng6000 772500 -3.8 4885400 11.4 INDEX FUTURE 991 1,405 (413)

6100 899800 -11.2 5428350 5.5 INDEX OPTION 7,688 7,594 94

6200 2663300 -22.1 7123300 12.1 STOCK FUTURE 1,711 1,714 (3)

6300 4844250 -8.0 4136400 25.6 STOCK OPTION 1,335 1,299 36

6400 4876700 -1.4 1326950 24.4 TOTAL 11,725 12,012 (287)

6500 3880300 2.0 526700 6.2

resh Long Seen In (Rising OI -Rising Price) Fresh Shorts Seen In: (Rising OI -Falling Price)

Scrip OI OI ch% CMP Ch% Scrip OI OI ch% CMP Ch%

OB 90,32,000 19.3 49.1 1.1 BATAINDIA 5,82,000 10.8 997.5 -2.0

PTC 50,72,000 18.7 59.4 2.8 BPCL 35,69,000 7.0 327.1 -0.2

ORIENTBANK 54,08,000 17.9 205.2 2.6 CROMPGREAV 94,44,000 6.6 117.4 -0.4BANKINDIA 81,68,000 10.8 241.7 4.1 BIOCON 34,60,000 6.6 459.7 -2.0

HDFC 68,96,000 10.3 845.0 2.6 ABIRLANUVO 7,37,000 4.5 1147.0 -0.2

RISE IN PCROI FALL IN PCROI

TOCK T1 T2 STOCK T1 T2

COALINDIA 0.75 0.34 AXISBANK 0.46 0.59

CIPLA 0.56 0.36 BHARATFORG 0.16 0.20

GLENMARK 0.08 0.05 RANBAXY 0.51 0.65

HDFC 1.11 0.77 KOTAKBANK 0.66 0.77

TITAN 0.51 0.38 HEROMOTOCO 0.34 0.38

2

Derivative Research

6320.90(+79.05)

15.42(-0.32)

7 DMA of Spot Nifty

PUT CALL RATIO

Nifty Jan 2014 Open Interest

Nifty Jan 2014 Future

50 DMA of Spot Nifty



Top Performers 1D % Change Top Performers W % ChangeTop Performers

1M% Change

ANTFRIBEAR 13.16 MANAPPURAM 38.28 SIGRUN 130.00

BPL 12.49 RAMANEWS 38.23 GATI 112.95PATEL SAI 11.83 CHIRAWA 36.97 FINANTECH 93.59

SANWARIA 11.08 MUTHOOTFIN 27.79 RAMANEWS 93.38

SUMEETINDS 10.87 GATI 27.68 RAMSARUP 92.96

Worst Performers

1D% Change

Worst Performers

1W% Change

Worst Performers

1M% Change

CCCL (9.77) TUNITEX (22.27) GLOBALCA (58.92)

RUSHIL (9.59) CHROMATIC (22.24) STAR (58.72)

RPGLIFE (9.32) MICROTECH (21.79) INDINFO (46.57)BIRLACOT (8.33) PDPL (21.39) TUNITEX (40.90)

INFOTECENT (7.76) REISIXTEN (21.09) ZENITHBIR (34.31)

Switzerland’sFederal Statistical Office said that retail sales increased at annualized rate of 4.2% in November, easily surpassing expectationsor a 1.6% gain. Retail sales growth in October was revised to a 1.6% gain from a previously reported increase of 1.2%.

Top Price Performers

Worst Price Performers

• GVK seeks MoEF nod to use HSD for gas-based power project . This comes after a committee under the MoEF opined that usage of HSD for

ower generation will not be as eco-friendly as natural gas and directed the company to obtain views of Ministries of Power, Petroleum and

Natural Gas on the issue .

Ramky Infra Clarification : News Regarding " Company is in talk to sell stake in 3 projects which will fetch around Rs. 900 Cr, Ramky

nfrastructure Ltd has clarified that Sequel to achievement of Provisional Completion Certificate for NAM Expressway Ltd, company has been

eceiving offers from various investors for possible stake sale/securitization for the road projects. These matters are subject to the approval of

he Board of Directors. However the discussions are at preliminary stage. Comapny will keep the exchange informed about the developments or

ear proximity to closing of any sale transaction .

Statistics South Africa Head Office said that South African Retail Sales rose to 4.2%, from 1.4% in the preceding month whose figure was

evised up from 1.3%. Analysts had expected South African Retail Sales to fall to 1.0% last month.

Eurostat said the trade surplus widened to a seasonally adjusted EUR16.0 billion in November from a surplus of EUR14.3 billion in October.

Analysts had expected the euro zone’s trade surplus to widen to EUR16.7 billion in November.

Tilaknagar Industries has informed that the Board of Directors has approved the proposal for sale of P.P. caps manufacturing and printing

ivision of the Company and approved the proposal for divestment of the entire stake held by the Company in P.P. Caps Private Limited, wholly

wned subsidiary.

Reliance Clarification : News regarding "Reliance eyes Petronas 11% in $20-billion Venezuela project". The Company has clarified that

Company continues to look for opportunities to grow its business internationally and cannot make any specific comment on the media report,

ecessary disclosures as appropriate will be made if any such deal is consummated".

Cabinet Committee on Investment has cleared Reliance Power's Tilaiya ultra mega power project in Jharkhand . The company's 4,000 MW

ilaiya plant is now expected to be treated on a par with the other public sector projects and therefore would be exempted from providing

ompensatory afforestation for the loss of forest land.

• Galena Biopharma and Dr. Reddy's Laboratories Ltd have announced a strategic development and commercialisation partnership forormer's NeuVax (nelipepimut-S) in India. NeuVax is a peptide-based vaccine aimed at preventing or delaying the recurrence of breast cancer in

ancer survivors who achieve remission after standard of care treatment.

India's WPI-based inflation cooled-off to 6.16 percent in December . Manufacturing Product inflation @ 2.64 % Vs Unchange ( MoM ) . Fuel

& Power Sector Inflation @ 10.98% Vs 11.08% ( MoM ) . Primary Articles Inflation @ 10.78 % Vs 15.98% ( MoM ) . Food Article Inflation @

3.68 % Vs 19.93% ( MoM ) . Dec Core Inflation @ 2.8 % vs 2.7 % ( MoM )



Bse Code Company Name Date Bse Code Company Name Date

505036 Automobile Corp-$ 16-Jan-14 500074 BPL 17-Jan-14

532215 Axis Bank 16-Jan-14 500469 Federal Bank 17-Jan-14

532977 Bajaj Auto 16-Jan-14 531754 Fintech Comm 17-Jan-14

500490 Bajaj Holdings 16-Jan-14 500180 HDFC Bank 17-Jan-14

500042 BASF India 16-Jan-14 500188 Hindustan Zinc 17-Jan-14

501833 Chowgule Steam 16-Jan-14 500875 ITC 17-Jan-14

532640 Cyber Media 16-Jan-14 500304 NIIT 17-Jan-14

533151 D B CORP 16-Jan-14 526747 PG Foils 17-Jan-14

507886 Dhruv Estates 16-Jan-14 590055 Polyspin Expo 17-Jan-14511288 Gruh Finance 16-Jan-14 532524 PTC India 17-Jan-14

532281 HCL Tech 16-Jan-14 500325 RIL 17-Jan-14

532894 Indowind Ener 16-Jan-14 526885 Sarla Perf-$ 17-Jan-14

531841 Indus Finance Corp 16-Jan-14 513010 Tata Sponge 17-Jan-14

532175 Infotech Enter 16-Jan-14 517506 TTK Prestige 17-Jan-14

526015 Kemrock Inds 16-Jan-14 507685 Wipro 17-Jan-14

530813 KRBL 16-Jan-14 532166 Alka Securities 18-Jan-14

500253 LIC Housing Fin 16-Jan-14 500033 Force Motors-$ 18-Jan-14

532819 Mindtree 16-Jan-14 500183 Himachal Futur 18-Jan-14

500355 Rallis India 16-Jan-14 509162 Indag Rubber-$ 18-Jan-14

517447 RS Software 16-Jan-14 524378 JMDE Pack 18-Jan-14512417 Sharp Trading 16-Jan-14 530129 Nile 18-Jan-14

501267 Shree Rani Sati 16-Jan-14 531626 Orosil Smiths-$ 18-Jan-14

532218 South Indian Bank 16-Jan-14 530419 Sumedha Fisc 18-Jan-14

532540 TCS 16-Jan-14 506690 Unichem Lab 18-Jan-14

530675 York Exports 16-Jan-14 534804 Care 19-Jan-14

531847 Asian Star-$ 17-Jan-14 531209 Nucleus Soft 19-Jan-14

4

Result Calendar Q3FY14

• IndusInd Bank Mgt Guideline : Mgt feels the worst on costly funds is behind and things should start improving from the first quarter of next

inancial year. Around 35% of IndusInd Bank’s funds comprises of wholesale deposits. Bank expects wholesale rates to be slightly cheaper this

uarter.but not very large, but Bank is on the way to more relief on the cost of funds . Mgt expects net interest margins for this quarter to be

n the same lines or slightly better than those for the December quarter. Bank expected the restructuring book to remain stable.

• Idea Mgt Guideline : Company is looking forward to 2014 to be the turnaround year for wireless broadband. Large investments have alreadyone for the 3G space. There is an auction which is coming and if this spectrum is available in contiguous form at the right prices there is a

otential of converting the success that we had in mobility voice to the wireless broadband. This will help grow not only Indian telecom

ndustry but also help grow the overall gross domestic product (GDP) of the country .

• Bharat Forge Mgt Guideline : Company decided to exit the Chinese joint venture (FAW Bharat Forge (Changchun) Company Ltd) because it

was struggling to make money given the economic hardships in China . Since the venture became economically unviable, Bharat Forge's

ndirect subsidiary in Hong Kong sold its 51.85 percent stake in this JV to its joint venture partner , China FAW Corporation for Rs 175 crore,

hus ending the eight-year old partnership. The company had incurred a loss of up to Rs 2 in EPS terms last year due to this JV. In the current

ear, up to October, it (EPS impact) will be about little less than Re 1 . The company’s debt of Rs 500 crore would get reduced from its

onsolidated balance sheet on JV exit and it would receive Rs 175 crore cash . Its subsidiaries in Europe continue to do very well and the auto

omponents maker is eyeing export growth in double digits in near-term.



NSE CODE BSE CODE SALES Rs (cr.) SALES YOY ( %) PAT Rs Cr PAT YOY ( % )

LIBERTSHOE 526596 110.50 22.60 3.20 79.80

GEOJITBNPP 532285 53.06 2.40 15.75 61.50

BAJFINANCE 500034 1070.32 29.80 194.54 21.50

INTENTECH 532326 12.40 27.40 4.10 113.50

BAJAJFINSV 532978 20.77 (16.70) 5.35 (51.90)

SCOPEIND 531886 26.81 (18.20) 0.46 100.40

ATFL 500215 197.06 (10.60) 13.08 0.20

YESBANK 532648 665.00 13.80 415.00 31.74

DCB 532772 93.15 29.37 36.36 35.16

5

Result Q3FY 4

Monday Tuesday Wednesday Thursday Friday

13-Jan-14 14-Jan-14 15-Jan-14 16-Jan-14 17-Jan-14

US Federal Budget Balance .

Core Retail Sales m/m , Retail Sales m/m

, Import Prices m/m , Business

Inventories m/m .

PPI m/m , Core PPI m /m , Empire State

Manufacturing Index , Crude Oil I nventories

, Beige Book .

Core CPI m/m , Unemployment Claims , CPI

m/m , TIC Long-Term Purchases , Philly Fed

Manufacturing Index , NAHB Housing Market

Index , Natural Gas Storage .

Building Permits , Housing Starts ,

Capacity Utilization Rate , Industrial

Production m/m , Prelim UoM Consumer

Sentiment , Prelim UoM Inflation

Expectations , JOLTS Job Openings .

UK/EURO

ZONEItalian Industrial Production m/m .

French CPI m/m , French Gov Budget

Balance , CPI y/y , PPI Input m/m , RPI

y/y , Industrial Production m/m .

French 10-y Bond Auction , Trade Balance ,

CB Leading Index m/m .

ECB Monthly Bulletin , German Final CPI m/m

, Italian Trade Balance , CPI y/y , Core CPI y/y ,

Italian 10-y Bond Auction .

German WPI m/m , Retail Sales m/m , 10-

y Bond Auction , 30-y Bond Auction .

INDIA CPI Data WPI Data

Economic alendar



Narnolia Securities Ltd

402, 4th floor 7/ 1, Lord s Sinha Road Kolkata 700071, Ph

033-32011233 Toll Free no : 1-800-345-4000

email: [email protected],

website : ww w.narn olia.com

Risk Disclosure & Disclaimer: This report/message is for the personal information of

the authorized recipient and does not construe to be any investment, legal or taxation

advice to you. Narnolia Securities Ltd. (Hereinafter referred as NSL) is not soliciting any

action based upon it. This report/message is not for public distribution and has been

furnished to you solely for your information and should not be reproduced orredistributed to any other person in any from. The report/message is based upon publicly

available information, findings of our research wing “East wind” & information that we

consider reliable, but we do not represent that it is accurate or complete and we do not

provide any express or implied warranty of any kind, and also these are subject to change

without notice. The recipients of this report should rely on their own investigations,

should use their own judgment for taking any investment decisions keeping in mind that

past performance is not necessarily a guide to future performance & that the the value of

any investment or income are subject to market and other risks. Further it will be safe to

assume that NSL and /or its Group or associate Companies, their Directors, affiliates

and/or employees may have interests/ positions, financial or otherwise, individually or

otherwise in the recommended/mentioned securities/mutual funds/ model funds and

other investment products which may be added or disposed including & other mentionedin this report/message.

India Equity Analytics for today - Neutral rating on YES BANK, CMC and buy NIIT Tech

Documents

Transcript of India Equity Analytics for today - Neutral rating on YES BANK, CMC and buy NIIT Tech