morning report€¦ · shivam autotech reported 20 percent increase in sales in july. tata...

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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. - Warren Buffet MORNING REPORT Have Good Trading Day

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Page 1: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

- Warren Buffet

MORNING REPORT Have Good Trading Day

Page 2: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT :2 AUGUST 2018

GLOBAL INDICES

NAME CMP NET CH. %

Dow 25,333.82 -81.37 -0.32%

Nasdaq 7,707.29 35.50 0.46%

Nikkei 22,669.17 -77.53 -0.34%

HANG SENG INDEX 28,000.92 -339.82 -1.20%

SGX NIFTY 11,366.00 7.00 0.06%

INDIAN INDICES

NAME CMP NET CH. %

BSE SENSEX 37,521.62 -84.96 -0.23%

Nifty 50 11346.20 -10.3 -0.09%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 31.51 0.9

HDFCBANK 103.67 0.32

ICICIBK 8.77 -0.68

INFY 20.35 0.84

TATA MOTOR 19.04 4.62

WIPRO 5.06 0

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) -95.94

DIIs Eq (Provisional) -562.33

FIIs Index Future 1208.28

FIIs Index Options -106.36

FIIs Stock Future 41.62

FIIs Stock Options 21.34

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 68.6058

EURO 80.1151

YEN 100 61.2100

GBP 89.9344

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE 67.97 0.46%

NATURAL GAS 2.748 -0.36%

GOLD 1229.1 0.12%

SILVER 15.455 0.02%

COPPER 2.752 0.16%

MARKET PULSE MARKET PULSE

TOP STORY

Hindustan Copper: Government to cut stake to 66.13 percent from 76.05 percent.

IDBI Bank: Cabinet approves takeover by LIC

Hero MotoCorp July two wheeler sales up 9 percent at 6.79 lakh units.

Eicher Motors: Royal Enfield’s July motorcycles sales up 7 percent at 69,063 units.

Tata Motors July sales up 21 percent at 51,896 units..

L&T offered to sell L&T Technology Services’ 41 lakh shares or 4 percent equity at Rs 1,400 per

share.

Punjab National Bank to consider capital infusion of Rs 2,816 crore by Government of India on Aug. 6.

Shivam Autotech reported 20 percent increase in sales in July.

Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU.

Gujarat Alkalies and Chemicals PAC plant in Vadodara commences commercial production.

GPT Infraprojects won railways construction order worth Rs 362.2crore in Uttar Pradesh.

Mangalore Chemicals & Fertilizers’ board approved re-classification of three UB Group companies from

promoter to public category.

Excel Crop Care to merge business with Sumitomo Chemicals.

CAPF, GICHSGFIN, GODREJPROPIBULHSGFIN,

KAMDHENU, MAHLOG, MANPASAND, MARICO,

MOLDTEK, NEWGEN, ONGC, RAMCOCEM,

RAMCOSYS, SHANTIGEAR, TCIIND, TCI,

TORNTPHARMA, UTTAMSUGAR, VISAKAIND

RESULTS TODAY

GBP : BOE Inflation Report

: MPC Official Bank Rate Votes

: Monetary Policy Summary

: Official Bank Rate

USD : ADP Non-Farm Employment Change

: Unemployment Claims

Page 3: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

MARKET LEVELS

NAME PIVOTNIFTY 11350 11310 11273 11233 11387 11427 11464

USDINR 68.304 68.256 68.208 68.160 68.352 68.400 68.448

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Stocks drifted lower in volatile trade after the Reserve Bank of India's monetary policy committee raised repo rate by 25 basis points. The barometer index, the S&P BSE Sensex, fell 84.96 points or 0.23% to settle at 37,521.62. The Nifty 50 index fell 10.30 points or 0.09% to settle at 11,346.20.

Trading was volatile. The market opened higher and hit fresh intraday high in early trade. Selling emerged at higher levels, which dragged the market lower in mid-morning trade. Indices sharply recovered in early afternoon trade. Indices hit fresh intraday low in late trade after selling resumed in afternoon trade.

Broader market bucked negative market trend. Among secondary barometers, the BSE Mid-Cap index rose 0.19%. The BSE Small-Cap index rose 0.26%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was positive. On BSE, 1401 shares rose and 1295 shares fell. A total of 144 shares were unchanged.

Nifty likely to trade in the range of 11230-11470

NIFTY CHART

Page 4: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

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

CRPRISK RAKESH HATHIBHAI PATEL B 128,000 50.64

ZENLABS AZMATULLAH MOHAMMED S 49,700 59.88

GFIL PJS SECURITIES LLP S 30,400 80.7

GFIL FESTINO VINCOM LIMITED B 86,400 80.75

RATNABHUMI B K SHAH TRADEX LLP B 150,000 40.8

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

AJMERA ARIIL TRUST . BUY 1130212 209.43

CNOVAPETRO ASIA INVESTMENT CORPORATION MAURITIUS LTD BUY 137500 27

JAKHARIA NOPEA CAPITAL SERVICE PRIVATE LIMITED BUY 108000 185

JAKHARIA ARYAMAN CAPITAL MARKETS LIMITED SELL 67200 184.7

TALWGYM AMERICAN FUNDS INSURANCE SERIES - AMERICAN FUNDS INSURANCE - SELL 798150 153.22

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

In ban: none

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

Page 5: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 399 395 391 399 403 407

ASIANPAINT 1437 1425 1414 1443 1455 1472

AXISBANK 545 537 529 546 554 564

BAJAJ-AUTO 2681 2641 2600 2704 2745 2808

BAJAJFINSV 6990 6896 6803 7035 7129 7267

BHARTIARTL 385 378 372 389 395 405

BPCL 396 393 390 396 400 403

CIPLA 639 636 632 639 642 645

COALINDIA 271 264 258 268 275 279

DRREDDY 2176 2143 2111 2163 2195 2215

EICHERMOT 27299 27007 26715 27426 27718 28138

GAIL 375 370 365 376 382 388

GRASIM 1030 1019 1008 1028 1039 1048

HCLTECH 979 969 960 975 984 990

HDFC 1970 1955 1939 1975 1990 2011

HDFCBANK 2159 2149 2139 2162 2172 2185

HEROMOTOCO 3280 3247 3214 3290 3323 3367

HINDALCO 208 205 201 210 213 218

HINDPETRO 287 275 262 286 298 309

HINDUNILVR 1734 1721 1708 1732 1745 1756

IBULHSGFIN 1284 1266 1247 1286 1304 1324

ICICIBANK 299 296 292 301 304 309

INDUSINDBK 2001 1989 1977 2005 2017 2033

INFRATEL 293 287 280 292 299 304

INFY 1354 1347 1340 1358 1365 1375

IOC 168 166 165 168 169 171

ITC 302 297 293 300 304 307

KOTAKBANK 1313 1303 1293 1315 1324 1336

LT 1298 1291 1284 1300 1307 1316

LUPIN 844 830 816 839 853 862

M&M 930 923 916 933 940 950

MARUTI 9342 9232 9122 9410 9520 9698

NTPC 155 153 151 155 157 158

ONGC 167 165 163 167 169 171

POWERGRID 185 181 178 184 187 189

RELIANCE 1192 1184 1176 1194 1202 1211

SBIN 295 290 284 294 299 303

SUNPHARMA 575 567 559 572 580 585

TATAMOTORS 265 254 243 261 272 279

TATASTEEL 556 549 542 558 565 575

TCS 1977 1957 1938 1969 1989 2001

TECHM 681 673 666 680 688 695

TITAN 917 908 899 914 923 930

ULTRACEMCO 4193 4154 4116 4192 4231 4269

UPL 642 636 630 643 649 655

VEDL 218 213 208 221 226 234

WIPRO 277 275 272 277 279 281

YESBANK 366 361 357 366 371 376

ZEEL 526 522 517 528 533 539

Page 6: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

NSE CIRCULARS

BOARD MEETINGS/ CORPORATE ACTION COMPANY NAME DATE PURPOSE

KIRLOSENG 02-Aug-18 Dividend- Rs 2.50 Per Share

SIL 02-Aug-18 Dividend- Re 0.25 Per Share

KIRLOSIND 02-Aug-18 Dividend Rs 21 Per Share

TAKE 02-Aug-18 Dividend- Re 1 Per Share

HERCULES 02-Aug-18 Dividend- Rs 1.25 Per Share

ALLCARGO 02-Aug-18 Dividend- Rs 2 Per Share

MADHAV 02-Aug-18 Dividend- Re 0.25 Per Share

GODREJIND 02-Aug-18 Dividend- Rs 1.75 Per Share

SHREYANIND 02-Aug-18 Dividend- Rs 1.80 Per Share

GANDHITUBE 02-Aug-18 Dividend- Rs 9 Per Share

ELGIEQUIP 02-Aug-18 Dividend- Rs 1.20 Per Share

EICHERMOT 02-Aug-18 Dividend- Rs 110 Per Share

DPL 02-Aug-18 Dividend- Rs 3.50 Per Share

BAJAJELEC 02-Aug-18 Dividend- Rs 3.50 Per Share

KEYCORPSER 02-Aug-18 Dividend- Rs 2.50 Per Share DECCANCE 02-Aug-18 Dividend- Rs 3 Per Share

CUMMINSIND 02-Aug-18 Dividend- Rs 10 Per Share AMARAJABAT 02-Aug-18 Dividend- Rs 2.15 Per Share

VOLTAS 03-Aug-18 Dividend- Rs 4 Per Share GREAVESCOT 03-Aug-18 Dividend- Rs 1.5 Per Share

ICRA 03-Aug-18 Dividend- Rs 30 Per Share

LALPATHLAB 03-Aug-18 Dividend- Rs 3 Per Share NELCAST 06-Aug-18 Dividend- Re 1 Per Share

MONSANTO 06-Aug-18 Dividend- Rs 15 Per Share OFSS 06-Aug-18 Dividend- Rs 130 Per Share

NSE Download Ref No. : NSE/MSD/38479: POP network changes - Addition of POP (pdf)W.e.f. Aug 02, 2018 NSE Download Ref No. : NSE/CML/38489 : Listing of further issues of Hexaware Technologies Limited, Kotak Mahindra Bank Limited and Oracle Financial Services Software Limited (pdf)W.e.f. Aug 02, 2018 NSE Download Ref No. : NSE/CML/38478: Monitoring of Foreign Investment limits in listed Indian companies (zip)W.e.f. Aug 02, 2018 NSE Download Ref No. : NSE/CML/38482: Suspension of trading in equity shares - Techno Electric & Engineering Company Limited (pdf)w.e.f suspension date NSE Download Ref No. : NSE/SURV/38483: Applicability of Additional Surveillance Measure (ASM) (zip) W.e.f. Aug 02, 2018 NSE Download Ref No. : NSE/CML/38487: Listing of Equity Shares of Ushanti Colour Chem Limited

(SME IPO) (zip) W.e.f. Aug 02, 2018

Page 7: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (OCT) 29223 29470 29745 30036 30265

SILVER (SEPT)

36160 37000 38100 39445 40480

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (AUG)

407 413 420 426 432

ZINC (Aug) 169.45 172.90 178.25 182.65 185.90

LEAD (Aug) 138.15 141.10 146.30 150.55 154.60

NICKEL

(Aug) 877 907 936 966 990

ENERGY

COMMDITY

(MCX) S2 S1

PIVOT

POINT R1 R2

CRUDE OIL (Aug)

4410 4520 4655 4770 4899

NATURAL GAS (Aug)

180 184 190 196 201

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 02-Aug- 2018

Gold (Spot Dollar) major support =

$1202/$1175 & Resistance =

$1267/$1293.

Crude oil range (WTI)->$64 to $74.

Tech Lifts U.S. Stocks, Treasuries

Fall Before Fed: Markets Wrap: -

U.S. stocks rose for a second day, with

Apple Inc.’s results fueling a rebound in

technology shares that offset an

escalation in trade rhetoric. The yield on

10-year Treasuries rose past 3 percent

for the first time since June ahead of the

Federal Reserve’s latest rate decision.

Forex - Dollar Edges Up Ahead of

Fed, Aussie Hit by Trade Concerns: -

The U.S. dollar edged up against a

currency basket on Wednesday ahead of

the conclusion of the Federal Reserve’s

latest policy meeting later in the day,

while the risk sensitive Australian dollar

was pressured lower by renewed trade

concerns.

Gold Falls Ahead of Fed Meeting: -

Gold prices were down on Wednesday as

traders wait for a policy decision from

the Federal Reserve. Higher rates are a

negative for gold as the precious metal,

which does not pay interest, struggles to

compete with yield-bearing assets when

rates rise. The precious metal was also

held down by a stronger dollar. Gold

falls as the dollar rises, as it is

denominated in the U.S. currency and is

sensitive to moves in the dollar.

U.S. crude inventories rise

unexpectedly as imports jump: EIA:

- U.S. crude stocks rose last week as

imports jumped, while gasoline stocks

decreased and distillate inventories rose,

the Energy Information Administration

said on Wednesday. Crude inventories

rose by 3.8 million barrels in the week

to July 27, compared with analysts'

expectations for a decrease of 2.8

million barrels. Gasoline stocks fell by

2.5 million barrels.

BOE Inflation Report & Interest Rate, BOE

Gov Carney Speaks, Challenger Job Cuts y/y,

Unemployment Claims, Factory Orders m/m,

Natural Gas Storage.

Page 8: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

Page 9: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

Page 10: MORNING REPORT€¦ · Shivam Autotech reported 20 percent increase in sales in July. Tata Power’s June quarter’s generation increased to 13,113 MU versus 12,429 MU. Gujarat Alkalies

MORNING REPORT: 2 August 2018

Registered Office Indira House, 3rd Floor, 5 Topiwala Lane,

Opp. Lemington Road Police Station, Grant Road (East), Mumbai - 400007.

Corporate Office 204 Amardarshan Building 3rd floor, Saket Nagar, Indore - 452018 (M.P.) Customer Care

Tel: +91-731-4797170/ 71/ 72/ 73/ 74 M. +91 93031 72345 Email: [email protected] www.indiratrade.com

INSTITUTIONAL DEALING UNIT

Africa House, 5, Topiwalla Lane, Lamington Road, Mumbai, 400007

Tel: +91 2230080678; Email: [email protected]