Sep 26, 2017 - 52 Week High. Price (Rs) ... Interest Rates. Value % ... Steel Ltd and Bank of Baroda Ltd, with investors
Morning Note
MARKET ROUND UP
th
13 Sep, 2017
Indian Markets Indian shares rose for the fourth straight session on Tuesday, led by gains in Tata Steel Ltd and Bank of Baroda Ltd, with investors keeping an eye out for inflation data due later in the day.Both the BSE and the NSE indexes ended 0.87 percent higher at 32,158.66 and 10,093.05, respectively.Jet Airways (India) Ltd, which was expected to report its June-quarter results later in the day, ended 1.58 percent higher. Bharat Financial Inclusion Ltd, fell 2.4 percent after rising more than 5 percent in the previous session. Bank of Baroda and Axis Bank Ltd were up more than 1 percent each, while HDFC Bank gained for a sixth straight session, climbing as much as 0.9 percent
Key Indices SENSEX Nifty 50 DJIA DAX FTSE 100 NIKKEI 225 KOSPI Composite
Index % Chg 32158.66 0.87 10,006.05 0.72 21940 0.85 12475.24 1.37 7400.69 -0.17 19869.82 0.47 2369.01 0.15 -0.08 SSE Composite 3376.63 Nifty 9920 9845 10066 10110
Support Resistance
US & European Markets All three major U.S. stock indexes booked all-time closing highs on Tuesday, though
gains were capped by unsteady trade in technology, after a brisk, broad-market runup in the previous session. The Dow Jones Industrial Average DJIA, +0.28% rose 61.49 points, or 0.3%, to finish at 22,118.86, its 36th record of 2017The S&P 500 SPX, +0.34% added 8.37 points, or 0.3%, to close at 2,496.48, The Nasdaq Composite Index COMP, +0.34% finished up 22.02 points, or 0.3%, at 6,454.28, overcoming early session wobbles to book its 47th all-time high for the technologyladen index this year.. European stocks finished Tuesday mostly higher as investors took stock of the impact of Hurricane Irma while tensions on the Korean Peninsula appeared to abate.The pan-European Stoxx 600 ended trade up 0.52 percent, off session highs, while almost all sectors closed in the black.The German DAX and the French CAC closed the session sharply higher, up 0.4 percent and 0.62 percent respectively; with most periphery bourses ending in the black too. The FTSE 100, however, came under pressure following the latest U.K. inflation data, finishing 0.17 percent down.
Asian Markets Asian stock markets closed mostly higher Monday, as a calm weekend on the geopolitical front and the downgrading of Hurricane Irma saw investors put money back into risk assets.
Index % Chg NIFTY BANK 24784.70 +0.46 NIFTY ENERGY 13,381.90 1.08 NIFTY INFRA 3,394.40 0.79 NIFTY IT 10501.10 +0.4 NIFTY PHARMA 8996.10 2.18 NIFTY MIDCAP 100 18931.40 1.05
Sector Indices
Top Gainers (NSE) BPCL TATAMOTORS GAIL
Top Losers (NSE) INDUSINDBK WIPRO HEROMOTOCO 52 Week High ACC ADANITRANS
52 Week Low ABCAPITAL ADSL
CMP % Chg (Rs) 534.60 388.55 410
4.86 3.85 3.53
CMP % Chg (Rs) 1740 297.95 3913.80
-2.86 1.06 -0.78
Price (Rs) 1857.60 147.95
Price (Rs) 184.45 21.65
Currencies Japan’s Nikkei Stock Average NIK, +0.47% rose 1.2% to close at its highest levelThe major stock indexes in New Zealand and Hong Kong were struggling to rise on Tuesday. Outlook
Volatility Index INDIA VIX Net Flows (Cr)
Net FII Net DII
Sep 12
-1230.74 1313.08
Interest Rates
Value
10 Yr bond yield
Markets are expected to open on positive zone.following the Asian and other global markets
Nifty % Chg 11.75 -4.87
Exchange Rates USD/INR EUR/INR
6.562
% Chg 0.29
Value % Chg 64.14 76.61
0.18 -0.45
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News Flash Economy News
The rupee on Tuesday fell by another 11 paise to 64.04 a dollar, the second straight session loss on persistent demand for the American currency from banks and importers.Foreign capital outflows also had an impact on the rupee trading against the dollar The Centre approved an amendment bill that seeks to double tax-free gratuity for formal sector employees to Rs 20 lakh. India’s retail inflation continued to grow at 3.36 percent in August, mainly due to an increase in foods prices and higher services costs indicating GST’s inflationary impact. India's fuel demand fell 6.1 percent in August compared with the same month last year India Inc's foreign direct investment (FDI) fell by about 15 per cent to USD 1.34 billion in last month .
Corporate News
The second largest airline Jet Airways standalone net income more than doubled to Rs 53.5 crore in the three months to June against Rs 25.9 crore a year ago in spite of a large one-time provisioning of Rs 56.6 crore. State-run Steel Authority of India Limited (SAIL)'s Bhilai plant has received an order for 12 lakh tonne (LT) rails from the Indian Railways for the current fiscal, Emami Cement Limited announced plans to raise its total production capacity to 6 MTPA as its 2 MTPA plant being set up at a cost of Rs 600 crore in Odisha's Jajpur district is likely to be commissioned by March 2018. JSW Group is in talks with Chinese company Zhejiang Geely for a partnership to manufacture electric vehicles.
Commodities News
Crude oil prices rose on Tuesday as OPEC reported lowered production in August—down to 32.755 million barrels daily per month in August Gold bounced up from the lowest level in more than a week on Tuesday as the dollar pared gains
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Commodity Pivot Table for 13/09/2017
Scrip
5-Dec-17
Pivot point 135.0 1262.8 431.5 3085.3 29911.3 24008.7 192.2 754.7 41256.7
29-Sep-17
198.45
ALUMINIUM
29-Sep-17
CARDAMOM COPPER CRUDEOIL GOLD LEAD NATURALGAS NICKEL SILVER ZINC
15-Sep-17 30-Nov-17 19-Sep-17 5-Oct-17 29-Sep-17 26-Sep-17 29-Sep-17
R1 136.1 1285.6 434.3 3111.7 30002.7 24067.3 196.1 770.1 41549.3 194.5
R2 136.8 1299.0 437.7 3131.3 30062.3 24109.7 199.3 779.5 41882.7 197.3
R3 138.6 1335.2 443.9 3177.3 30213.3 24210.7 206.4 804.3 42508.7 203.9
S1 134.3 1249.4 428.1 3065.7 29851.7 23966.3 189.0 745.3 40923.3 199.0
S2 133.2 1226.6 425.3 3039.3 29760.3 23907.7 185.1 729.9 40630.7 195.8
S3 131.4 1190.4 419.1 2993.3 29609.3 23806.7 178.0 705.1 40004.7 193.1
Weekly consolidated call tracker Segment – NSE Cash and F&O Date
Stock
Trade
Entry
Stop loss
Target1
Target2
Booked
Remark
12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17
TRENT BHARATFORG HINDALCO PFC TATASTEEL SEP FUT DIVISLAB SEP FUT TATASTEEL SEP 730 CE DIVISLAB SEP 740 CE NIFTY10100CE ACC1860CE
BUY BUY BUY BUY BUY BUY Sell SELL BUY BUY
295 1187 252.7 126.45 690.5 744 3.8 32.5 66 35
289 1160 246 123 680 727
300.5 1200 260 129.1 695 753
303.5 1213 266 131.8 698 760
304 1229
TARGET TARGET
45 27
85 42
127.4 687 756.5 2.9 37.5 79 34
TARGET SL TARGET TARGET SL TARGET SL
Entry
Stop loss
431 195.5 742 3100
435 196.5 752 3050
Segment – MCX Date
Commodity
12-Sep-17 12-Sep-17 12-Sep-17 12-Sep-17
COPPER SEP FUT ZINC SEP FUT NICKEL SEP FUT CRUDEOIL SEP FUT
Trade
SELL SELL SELL BUY
Target1
427 194.5 732 3150
Target2
Booked
Remark
429.5 196.5 752
TARGET SL SL
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