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Transcript of Weekly Equity Report - starindiaresearch ... for the market, also saw capitulation. Weekly Equity...

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    Weekly Equity

    Report

    08-10-2018 [email protected]

    Nifty Weekly View It was another freaky session for the market as bears retained control over Dalal Street. The Monetary Policy

    Committee's surprise move to hold policy rates spooked stocks and currency alike.Weak global cues also hit

    investor sentiment. Index heavyweights like Reliance Industries, HDFC, ITC etc, considered most defensive plays

    for the market, also saw capitulation.

    Weekly Chart

    By Senior Researcher – Miss NamrataOtwani

    mailto:[email protected]

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    8

    Open interest for the week

    G

    Most Active Nifty option

    Scrip Strike price Option type Open interest

    Nifty 11000 PE 2937525

    Nifty 10800 PE 2829375

    Nifty 11200 CE 2434800

    Monday Tuesday Wednesday Thursday Friday

    16109625

    -

    16888875

    18616875

    20193750

    www.starindiaresearch.com

    Page 2 Weekly Newsletters

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    Bank Nifty Weekly View Bank Nifty Bank Nifty after the Reserve Bank of India (RBI) sprung a surprise and kept the repo rate unchanged at

    6.50 per cent. Most experts had expected the central bank to hike rates by 25 bps.Heavy losses were also visible in

    banking stocks with the Nifty Bank index slipping 1.5 per cent. YES Bank, State Bank of India (SBI), Bank of Baroda

    (BoB), IDFC Bank and ICICI Bank lost up to 5.1 per cent.

    Weekly chart

    Open interest for the week

    Monday Tuesday Wednesday Thursday Friday

    1853000

    -

    1890480

    1635880

    1505640

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    Weekly Newsletters Page 3

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    Most Active Bank Nifty option

    Weekly FII DII

    FII RS CRORE

    DATE GROSS PURCHASE GROSS SALE NET

    PURCHASE/SALE 05-Oct-18 4867.87 8238.01 -3370.14 04-Oct-18 7488.54 9038.58 -1,550.04 03-Oct-18 - - - 02-Oct-18 5687.74 7529.37 -1,841.63 01-Oct-18 5387.49 8148.12 -2,760.63

    DII RS CRORE

    DATE GROSS PURCHASE GROSS SALE NET

    PURCHASE/SALE 05-Oct-18 6434.73 4532.66 1902.07 04-Oct-18 6132.11 4308.52 1,823.59 03-Oct-18 4785.31 3382.84 1,402.47 02-Oct-18 - - - 01-Oct-18 4948.82 3143.88 1,804.94

    Scrip Strike price Option type Open interest

    Bank Nifty 25500 CE 883240

    Bank Nifty 25000 PE 379040

    Bank Nifty 25600 CE 370320

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    Weekly Newsletters Page 4

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    SECTOR SCAN

    Sector % Chg Advance Decline Automotive -3.12% 10 70

    Banking & Financial Services -2.75% 27 166

    Cement & Construction -3.12% 13 83

    Chemicals -2.04% 15 92

    Conglomerates -2.30% 6 29

    Consumer Durables -3.38% 3 7

    Consumer Non-durables -1.08% 5 24

    Engineering & Capital Goods -2.46% 29 101

    Food & Beverages -2.13% 20 63

    Information Technology 1.02% 24 76

    Manufacturing -2.08% 50 150

    Media & Entertainment -3.50% 7 35

    Metals & Mining -3.41% 19 65

    Miscellaneous -1.02% 37 122

    Oil & Gas -9.94% 1 21

    Pharmaceuticals -1.04% 17 68

    Retail & Real Estate -1.75% 8 43

    Services -1.36% 27 57

    Telecommunication -2.07% 5 27

    Tobacco -3.68% 0 5

    Utilities -2.25% 4 21

    Sectoral Indices:

    Name %change NIFTY BANK -1.51

    NIFTY AUTO -3.17

    NIFTY FIN SERVICE -2.53

    NIFTY FMCG -2.64

    NIFTY IT 0.97

    NIFTY MEDIA -3.63

    NIFTY METAL -3.57

    NIFTY PHARMA -0.87

    NIFTY PSU BANK -4.38

    NIFTY PVT BANK -1.56

    NIFTY REALTY -2.73

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    Weekly Newsletters Page 5

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    NEWS CORNER

    1. Delta Corp shares gained 3 percent after global brokerage house UBS initiated coverage on the stock with Buy rating and target price of Rs 310. It believes new casino policy should unlock the sector's potential. "Positives are rising popularity of Goa and casinos, increasing traffic for poker site, less chances of issuance of new casino licenses, high option value of Daman license and increasing traction for the Sikkim casino.

    2. Share price of Punj Lloyd fell nearly 3 percent intraday Friday after International Finance Corporation (IFC) moved an insolvency plea against company before the National Company Law Tribunal (NCLT).

    3. Shares of Goa Carbon shed 5 percent intraday Friday after company reported net loss in the quarter ended September 2018.

    4. Shares of DilipBuildcon added 2 percent intraday Friday after company received orders worth Rs 1,077 crore. The company has received Letter of Acceptance (LOA) for Bhopal and Indore Metro Rail project, Phase -I, valued at Rs 247.06 crore and Rs 228.96 crore respectively by the Madhya Pradesh Metro Rail Co, Urban Administration and Development Department, Bhopal (M.P).

    5. Oil Marketing Companies (OMCs) opened 20-30 percent lower in the on October 5 as the government asked them to absorb Rs 1 per litre of the Rs 2.5 cut Finance Minister ArunJaitley announced on October 4.

    6. Shares of Cadila Healthcare rose nearly 2 percent in the early trade on Friday after company received EIR from USFDA for its Ahmedabad unit. The company's Biologics manufacturing facility (Zydus Biologics) located at the Zydus Biotech Park in Ahmedabad has received an EIR (Establishment Inspection Report) from the USFDA signifying the successful closure of the audit.

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    Weekly Newsletters Page 6

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    STOCK OUTLOOK

    TATAMTRDVR FUT :-Stock ends with big bearish candle and ends near around its important support which can be seen in below charts, if sustain below this mark than selling pressure may

    seen.

    Stock performance

    VWAP 119.85

    Traded Volume 5406800 Traded Value (lacs) 6480.05

    Market Lot 2800

    Weekly High 124.20 Weekly Low 115.10

    Rating Matrix by Researcher

    Rating SELL R1/R2 135/140 S1/S2 110/105 LEVEL 115

    Stock in ban period

    NIL.

    www.starindiaresearch.com

    Weekly Newsletters Page 7

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