Documente Academic
Documente Profesional
Documente Cultură
Market Outlook
Indian markets are expected to open positive taking cues from global
markets. Negative FII flows and uncertainty about the impact of
demonetisation continue to weigh on the markets.
Todays Highlights
UK GDP YoY
Results: Bata India
Index Movement (past month)
30000
8600
28000
Key Developments
BSE (RHS)
Sensex
Nifty
Close Previous
25,860 26,052
7,965.5 8,033.3
24-Nov
22-Nov
18-Nov
16-Nov
11-Nov
24000
9-Nov
7800
7-Nov
26000
3-Nov
8200
1-Nov
32000
9000
28-Oct
Markets Yesterday
Domestic markets ended in the negative territory amid continued
worries on demonetisation and a weakening of the rupee on
expectations of a US Fed rate hike
NSE (LHS)
Institutional Activity
FII (| cr)
DII (| cr)
CY14
99,525
-30,570
CY15
15,919
66,249
YTD CY16
16,600
23,323
Dow Jones
19,083
5.2%
U.K.
6,829
-2.3%
Shanghai
3,233
3.6%
Kospi
1,973
-3.7%
Nasdaq
5,381
2.3%
BSE
25,860
-8.2%
France
4,543
-0.2%
NSE
7,966
-8.5%
119.7
4.1%
1,325.2
1.7%
3,052.0
1.3%
3,483.8
0.9%
137.9
0.3%
223.5
-0.5%
1,217.7
-0.8%
HDFC
Bank
1,165.5
ICICI
Bank
259.3
IDFC
-1.6%
-2.1%
55.3
-2.5%
Hindalco
Ambuja
Cement
Tech M.
BPCL
Cipla
Dr Reddy
HUL
NTPC
RIL
Axis Bank
180.5
3.9%
201.3
1.6%
458.7
1.2%
638.1
0.7%
553.7
0.2%
3,111.7
-0.5%
825.3
-0.8%
157.0
-1.8%
987.4
-2.1%
468.2
-2.6%
Bank of
Baroda
TCS
SBI
Bharti
Airtel
Tata
power
BHEL
ONGC
Lupin
M&M
Sun
Pharma
167.1
3.1%
2,188.5
1.5%
261.8
1.2%
302.4
0.6%
69.4
0.1%
124.4
-0.6%
277.3
-0.9%
Vedanta
Ltd
Tata Steel
Bajaj
Auto
HCL Tech
Grasim
Ind
L&T
Maruti
1,458.5 Indusind
Bank
-1.9%
1,163.7
-2.4%
682.5
-2.7%
GAIL
Kotak
Bank
221.8
2.3%
398.2
1.4%
2,630.9
1.2%
767.8
0.6%
810.3
-0.2%
1,349.7
-0.6%
4,830.2
-1.0%
1,044.4
-1.9%
402.6
-2.4%
742.1
-3.1%
Power
Grid
185.1
Cairn
India
244.3
Infosys
Wipro
Yes Bank
Asian
Paints
Coal India
IDEA
1.9%
1.3%
930.3
1.1%
450.8
0.4%
1,119.9
-0.5%
936.1
-0.6%
300.4
-1.2%
71.5
-2.0%
United
Spirits
1,851.2
Tata
Motors
453.0
-2.5%
-3.9%
Markets Today
Close Previous Change (%) MTD(%)
Commodities
Gold (|/10 gm)
Silver (|/kg)
Crude ($/barrel)
Copper ($/tonne)
Currency
USD/INR
EUR/USD
USD/YEN
ADRs
HDFC Bank
ICICI Bank
Tata Motors
Infosys
Dr Reddys Labs
YTD(%)
29,013
40,413
49.0
NA
29,391
40,831
49.0
NA
-1.3
-1.0
-0.1
NA
-3.4
-3.8
1.3
20.9
16.1
22.5
31.3
24.4
68.75
1.06
113.76
68.57
1.06
113.33
0.3
0.0
0.4
-2.9
-3.9
-7.9
-3.8
-2.9
5.7
62.9
7.7
33.5
14.1
45.6
62.7
7.8
34.0
14.1
45.0
0.3
-0.6
-1.4
0.5
1.3
-13.4
NA
-17.2
-11.0
-2.1
2.0
NA
13.7
-15.6
-1.6
18-Nov
21-Nov
BSE Cash
2,481
23,743
17-Nov
2,499
18,595
22-Nov
23-Nov
24-Nov
NSE Cash
18-Nov
21-Nov
22-Nov
23-Nov
783,338
4.00%
6.50%
6.00%
4.31%
-0.3bln $
22.88bln $
363.82bln $
7.90%
7.30%
31.22bln $
-0.70%
-0.30%
-24.8bln $
8.34bln $
5.75%
5.58%
3.57%
2.48%
536,505
4.00%
6.25%
5.75%
4.20%
-0.3bln $
22.51bln $
365.75bln $
7.10%
7.60%
33.67bln $
0.70%
0.90%
-23.8bln $
10.16bln $
4.34%
6.18%
3.39%
2.67%
2,307
18,360
N/A
N/A
N/A
October
Q2
October
w/e
Q1
12M
October
Septmber
September
Q2
October
October
October
October
October
496,383
25000
20000
15000
10000
5000
0
569,746
Prior Values
2,549
19,467
Latest
346,127
Period
621,194
2,412
17,641
KEY ECONOMICINDICATORS
2,660
18,262
24-Nov
NSE Derivative
Sectoral Index
Sector
Auto
Close
Previous
Change
% Change
Volume
19386.37
19650.34
-263.97
(1.34)
1836000
Banks
BSE Small Cap
Capital Goods
Consumer Durables
20938
21246.51
-308.51
(1.45)
6715000
11792.74
11901.39
-108.65
(0.91)
66926000
5631000
13640.1
13669.18
-29.08
(0.21)
10849.72
10942.43
-92.71
(0.85)
357000
8304.6
8368.14
-63.54
(0.76)
1023000
FMCG
Healthcare
17870.57
18140.06
-269.49
(1.49)
1830000
IT
11396.98
11501.95
-104.97
(0.91)
1254000
Metals
10368.32
10243.72
124.6
1.22
10048000
Mid Cap
10993.02
11070.76
-77.74
(0.70)
64406000
11643.75
11735.39
-91.64
(0.78)
2321000
Power
1942.77
1948.42
-5.65
(0.29)
9800000
PSU
7659.45
7653.76
5.69
0.07
18389000
Real Estate
1235.91
1251.61
-15.7
(1.25)
9788000
Metals
PSU
Power
Oil & Gas
Healthcare
Banks
FMCG
Capital Goods
IT
Mid Cap
Auto
BSE Small Cap
Consumer
Real Estate
-27.0
-0.7
-2.1
-4.2
-4.8
-5.6
-5.9
-8.0
-9.1
-10.0
-11.5
-11.7
-12.7
-14.7
-19.3
-22.0
-17.0
-12.0
(%)
-7.0
-2.0
Company/
Industry
TCS
News
View
ASML has partnered with TCS to simplify ASML, one of the world's leading chipbusiness processes and enhance stakeholder making equipment maker, has selected TCS
experience
for implementation of unified global process
blueprint. TCS would simplify business
processes, improve efficieny and help ASML
to scale up its business. TCS has been
ASML's trusted partner for IT application
portfolio management, cyber secuirty
operationads and support for its product
lifecycle management platform. The deal
would help TCS maintain its growth
momentum
Impact
3.0
Jagran
Prakashan
Steel sector
Media reports indicate the government's directive for state agencies to pay 75% of an arbitral award they wish to
dispute, into an escrow account is not being implemented. No such disbursement (against a margin-free bank
guarantee) has taken place
The Roads Ministry has decided to extend the exemption of toll collection across all national highways till midnight of
December 2, 2016 to facilitate smooth traffic movement post the government's decision to ban | 500 & | 1000 old
currency notes
Cadila is recalling 20500 bottles of anti-depressant Bupropion Hydrochloride extended release tablets for failed
dissolution specifications. This recalls is considered under class III recall category
SBI has announced plans to issue ~21 crore shares at | 269.59 per share to the government for raising ~| 5680 crore
as capital infusion
Indian Navy's seventh landing craft utility, the largest of its kind, was launched today. The ship has a capability to
transport two tanks or four special vehicles and 160 Army troops for landing in remote areas. The ship is built by
Garden Reach Shipbuilders and Engineers
As per media sources, Rio Tinto has indicated that in order to improve cash flow generation, the company is also
prepared to cut iron ore output
As per media sources, China will investigate and severely punish illegal expansion undertaken by coal and steel firms
as part of cutting down the capacity in the two industries
As per media sources, JSW Group is planning to diversify into electric car manufacturing and has already set up a team
of officials to work on the car project
Sensex Chart
Technical Outlook
Pivot Points
Index/Stocks
SENSEX
NIFTY
ACC
AXIS BANK
HDFC BANK
SBI
HDFC
MARUTI SUZUKI
TATA MOTORS
M&M
BAJAJ AUTO
TCS
INFOSYS
CIPLA
ONGC
RELIANCE
BHARTI AIRTEL
DLF
Close
25860.17
7965.50
1325.15
468.20
1165.50
261.75
1217.65
4830.15
452.95
1163.70
2630.90
2188.45
930.30
553.65
277.25
987.35
302.40
113.05
S1
25764.40
7937.10
1319.45
462.95
1155.50
260.75
1209.90
4794.80
446.30
1147.85
2621.95
2183.05
930.75
549.70
274.35
977.85
302.10
111.25
S2
25700.40
7914.45
1305.95
459.40
1150.00
258.65
1197.40
4773.55
441.70
1138.00
2594.95
2165.40
926.60
546.35
272.95
974.25
300.55
109.40
R1
25883.45
7973.25
1346.40
469.75
1168.20
265.00
1218.75
4834.75
454.65
1168.75
2675.95
2218.35
939.05
556.30
277.65
989.55
305.25
113.30
R2
25943.00
7991.30
1356.45
473.15
1174.55
266.40
1223.20
4854.75
458.80
1179.20
2693.10
2227.30
942.40
559.60
279.30
995.35
307.55
114.35
Trend
-ve
-ve
+ve
-ve
-ve
+ve
-ve
-ve
-ve
-ve
+ve
+ve
+ve
Neutral
-ve
-ve
+ve
-ve
36
39
59
56
3
10
45
5
5
60.0
40.0
20.0
32
0.0
Put
20.0
Call
7938-7900
8010-8055
40.0
60.0
80.0
Short Term
Down
8300
7750
8300
8262
8307
Advances / Declines
Advances
1341
838
BSE
NSE
Declines
1215
747
Unchanged
168
91
34
10
Intraday
Range bound
0
0
0
1
14
16
Nifty 50
Trend
Trend Reversal
Support
Resistance
20 Days EMA
200 days EMA
Results/Events Calendar
07
Monday
Eclerx Services
Shree Cement
GSK Consumer
Markit Eurozone Retail PMI
Pitti Laminations
14
28
Tuesday
22
Monday
16
November
Tuesday
29
Monday
23
November
Tuesday
30
November
06
Monday
November
Wednesday
Solar Industries
Markit Eurozone Mfg PMI
Markit US Mfg PMI
0
0
Tuesday
November
Wednesday
Balkrishna Industries
Japan Industrial Prod MoM
0
0
0
December
November
Wednesday
L&T
IRB Infrastructures Ltd
0
0
0
November
November
Wednesday
HPCL
AIA Engineering
GAIL, Concor
Vardhaman Textiles
0
November
Timken India
Cox & Kings
Oil India
Mahanagar Gas
0
05
15
Monday
Sobha Limited
Japan Trade Balance
0
0
0
09
November
November
Aurobindo Pharma
Heidelberg Cement
Kalpataru Power
0
0
21
08
November
07
December
Tuesday
US Trade Balance
Eurozone GDP SA YoY
0
0
0
December
Wednesday
Event
Country
Markit US Manufacturing PMUS
Markit Eurozone ManufacturEU
Markit Eurozone Services PMEU
Nikkei Japan PMI Mfg
JN
Date
Event
25-Nov Markit US Services PMI
25-Nov GDP YoY
10
November
Thursday
17
November
Thursday
Petronet LNG
US CPI YoY
0
0
0
24
November
Thursday
25
December
Thursday
02
Thursday
09
19
Friday
Saturday
November
Saturday
India cements
Siyaram
0
0
0
November
Friday
26
November
03
December
10
December
Saturday
0
0
0
0
0
December
Friday
US Unemployement Rate
0
0
0
0
December
November
November
Bata
UK GDP YoY
0
0
0
08
Friday
18
12
November
NHPC
NBCC
0
0
0
01
11
December
Friday
Saturday
0
0
0
0
0
Saturday
0
0
0
0
0
Result Preview
Period
Nov P
Nov P
Nov P
Nov P
Country Period
US
Nov P
UK
3Q P
Revenue
Q2FY17E
610.0
Chg(%)
EBITDA
YoY
QoQ Q2FY17E
6.1
-9.5
68.8
Chg(%)
PAT
YoY
QoQ Q2FY17E
40.2 -16.2
36.3
Previous
54.80
2.30%
0063
Recent Releases
Date
24 November 2016
Report
24 November 2016
24 November 2016
23 November 2016
23 November 2016
Chg(%)
YoY
QoQ
-33.0
-27.9
Opening Bell
Daily Calls
Daily Derivative
Frequency
Time
frame
Avg. Returns
objective
Location
on ICICIdirect.com
Pre-market open
Daily
1 Day
Market Page,
Trading PageScroller & iCLICK-2-GAIN
Pre-market open
Daily
1 Day
2-3 %
Research page-We
Recommend, Trading Page
Pre-market open
Daily
1 Day
2-3 %
Research page-We
Recommend, Trading Page
Daily
1 2 Days
1 - 2%
Daily
1 Days
1 - 2%
Daily
1 2 Days
1 - 2%
Intraday Recommendation
BTST Calls
Margin Calls
Derivative Calls
Derivative
Strategies
Weekly & Monthly recommendations
Weekly Calls
Weekly Technicals
Weekly Derivatives
Market Trends
Global Derivatives
Monthly Technicals
Identifying Out-performers/Under-performers
vis a vis index along with positional
recommendation on Stocks/Nifty.
Covers stocks, which are likely to show
significant upward movement in the next 15
days due to change in trader sentiment.
Detailed Company
Report
Equity Model
Portfolio
High Dividend
Yield Stocks
Weekly
1-7 days
5%
Research page-We
Recommend, Trading Page,
iCLICK-2-GAIN
& iClick-2-Invest
Weekly
1-7 days
4 5%
Research page-We
Recommend, Trading Page
Weekly
1-7 days
4 5%
Research page-We
Recommend, Trading Page
Monthly
30 days
Trading Page
Monthly
30 days
Trading Page
Monthly
30 days
10%
Research page-We
Recommend, Trading Page,
iClick-2-Invest
Not regularly
recommended
3 months
20%
Fortnightly
Monthly
When published
Quarterly
3 months
> 1 year
15 20%
Pankaj Pandey
Head Research
ICICIdirect.com Research Desk,
ICICI Securities Limited,
1st Floor, Akruti Trade Centre,
Road No 7, MIDC
Andheri (East)
Mumbai 400 093
research@icicidirect.com
pankaj.pandey@icicisecurities.com
Disclaimer
ANALYST CERTIFICATION
We /I, Pankaj Pandey Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately reflect our views about the
subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report.