8th Jan 2014

MARKET DIARY
SGX NIFTY : 6205 ( 20pts Up )

Quote of The Day

"The key to making money in stocks is not to get scared out of them." Peter Lynch

MARKET
Name Sensex Nifty DOW NASDAQ CAC DAX FTSE NIKKIE HANG SENG EW ALL SHARE Value 20693.24 6162.25 16530.94 4153.18 4262.58 9506.2 6755.45 15965.62 22889.62 9996.31 Change (94.06) (29.20) 105.94 39.50 35.14 78.20 24.72 151.25 176.84 (60.27)

Chart of the Day FII Trend in Debt Market

INSTITUTIONAL TURNOVER
FII Investor 7th Jan, 14 Buy(Cr.) 2227.91 8655.07 8655.07 DII Investor 7th Jan, 14 Jan,14 2014 Buy(Cr.) 1115.68 4397.66 4397.66 Sale(Cr.) 1,056.24 5,053.40 5,053.40 Net(Cr.) 59.44 (655.74) (655.74) Sale(Cr.) 2,794.93 8,874.85 8,874.85 Net(Cr.) (567.02) (219.78) (219.78)

Index Action-Nifty (7th Jan, 14)

Jan,14 2014

Contents Economic calendar News Derivative Research

Index

Page 4 3 2

Coverage UPDATE UPDATE UPDATE

COMMODITY PRICE COMMODITY/CURRENCIES Value GOLD 28825.00 SILVER 44525.00 CRUDEOIL 107.36 COPPER NATURALGAS DOLLAR/RS. EURO/RS. POUND/RS. 465.55 268.50 62.30 84.90 102.14

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Derivative Research
NIFTY SNAPSHOT Nifty Spot Nifty Jan 2014 Future Nifty Feb 2014 Future Nifty Jan 2014 Open Interest Nifty Feb 2014 Open Interest 7 DMA of Spot Nifty 21 DMA of Spot NIfty 50 DMA of Spot Nifty VOLATILITY INDEX (VIX) PUT CALL RATIO Nifty (Jan Series) Option OI Distribution: 6162.25(-29.20) 6196 6233 17715150 1360350 6240 6247 6194 16.32(-0.18) 0.97 GRAPH

Index Outlook

Activity of Nifty (Jan Series) Strike CALL OI % Chng 6000 910500 -7.9 6100 1103700 2.3 6200 2894250 23.3 6300 5265800 7.8 6400 3919800 2.3 6500 4911500 4.0 Fresh Long Seen In (Rising OI -Rising Price) Scrip OI OI ch% DABUR 35,16,000 12.3 MARUTI 42,83,750 8.3 CENTURYTEX 50,21,000 4.6 BHARATFORG 17,86,000 4.1 BHARTIARTL 131,20,000 2.3 RISE IN PCROI STOCK T1 SAIL 0.45 ZEEL 0.45 SUNTV 0.60 HDFCBANK 0.58 INFY 0.93

PUT OI 4830650 4140700 4087850 2416250 1057350 650300 CMP 172.6 1846.5 311.3 338.1 331.7 T2 0.35 0.36 0.49 0.48 0.77 % Chng 17.2 4.6 -4.1 -4.7 -8.5 2.0 Ch% 1.7 2.2 1.7 2.0 0.9

FIIs Activity (Fig in Cr) Segment INDEX FUTURE INDEX OPTION STOCK FUTURE STOCK OPTION TOTAL

Buy 1,161 8,075 1,670 1,167 12,072

Sell 1,557 7,607 1,613 1,222 11,999

Net (396) 468 56 (55) 73

Fresh Shorts Seen In: (Rising OI -Falling Price) Scrip OI OI ch% BANKINDIA 62,60,000 13.1 SAIL 247,28,000 11.7 BIOCON 33,44,000 11.5 GODREJIND 9,39,000 8.7 IOC 48,63,000 8.2 FALL IN PCROI STOCK T1 IOB 0.4 INDUSINDBK 0.5 DABUR 0.4 SYNDIBANK 0.3 KOTAKBANK 0.8

CMP 231.1 69.6 476.4 274.0 199.9 T2 0.6 0.7 0.5 0.4 0.9

Ch% -0.5 -3.4 -0.8 -1.9 -2.2

Markets Snapshot
Top Price Performers Top Performers 1D RUSHIL EVERONN EDL REIAGROLTD PFOCUS Worst Price Performers Worst Performers 1D SANWARIA ZENITHBIR WINSOMEDJ BIRLACOT SATHAISPAT % Change (11.09) (9.82) (9.34) (9.09) (7.97) Worst Performers 1W GLOBALCA INDINFO KGL TANEJAERO ORCHIDCHEM % Change (33.66) (18.29) (16.54) (16.36) (15.12) Worst Performers 1M STAR GLOBALCA SANWARIA INDINFO CURATECH % Change (58.50) (46.40) (41.96) (35.37) (34.81) % Change 19.94 19.90 17.88 12.58 12.09 Top Performers 1W MBLINFRA FINANTECH SIMPLEX SIGRUN FIRSTLEASE % Change 64.55 46.41 39.89 35.71 34.27 Top Performers 1M RAMSARUP MLKFOOD BILENERGY GLOBOFFS REISIXTEN % Change 111.89 96.42 90.97 87.05 79.49

Top News :
Kajaria Mgt guideline : Company expects the companys revenues to take a ten percent hit in Q3FY14 owing to the Gujarat High Courts decision to switch to natural gas from coal.Kajaria is bullish on the next fiscal. The industry is growing at 13-14 percent, and company is sure that company will be able to do 18-20 percent without any problem as far as FY15 is concerned . Valecha Engg Mgt guideline : Company would do slightly better revenues in FY14 compared to last year but is confident of doing much better next year on back of robust order inflows . On the margin front, Mgt said from the pilling division project it would be12 percent and that from bridge project would be around 9 percent.The total outstanding order book as of now stands at Rs 2500 crore . Ashok Leyland Mgt Guideline : Ashok Leyland is planning to pare down debt, it is not considering selling its family silver. Mgt is on track to bring it down by Rs 1000 crore . Company expects to end the year with sales lower by 25 percent. Comapny plan to launch a total of 18 different types of trucks for different applications under the Captain range . DB Corp Mgt Guideline : Company is planning to focus on Bihar where established players such as Dainik Jagran and Hindustan are already present. Comapny believes that the newspaper will be the leader from day one itself on the circulation front. Mgt says based on the pre-launch surveys and number of copies already booked, the paper will be number one from day one. These copies have been booked for a one year period . Mgt does not sound too hopeful of ad revenues increasing during the pre-election period. Company expects to deliver 17-20 percent growth in the third quarter too, keeping up with the previous quarters. Andhra Bank Mgt guideline : Andhra Bank , which has exposure to Andhra state electricity board to the tune of Rs 1,000 crore, sees power tariff increasing post 2014 elections. The banks exposure to Discoms stands at Rs 10,000 crore. Andhra Bank has received Rs 200 crore from the government via allotment of 3 crore shares on a preferential basis, allotted at Rs 66.59 per share. For Q3, yield on investment is expected to normalise, hence NIM is expected to be subdued in the second half. Holders of Suzlon Energys foreign currency convertible bonds (FCCBs), which defaulted on a USD 200 million payment in October 2012, are likely to agree to a settlement on the issue. Sources said Suzlon's bondholders have decided not to move court after the energy firm agreed to issue fresh five-year bonds worth USD 500 million. Eurostat said consumer price inflation increased by a seasonally adjusted 0.8% last month, down from 0.9% in November. Economists had expected an unchanged reading. The rate stands below the European Central Bank's target of near but just below 2%. Germany's Federal Statistics Office said the number of unemployed people declined by a seasonally adjusted 15,000 last month, better than expectations for a drop of 1,000. Jobless claims in November were revised down to a gain of 9,000 from a previously reported increase of 10,000. Retail sales in Germany rose by a seasonally adjusted 1.5% in November, easily surpassing expectations for a 0.6% increase. Retail sales fell by 0.8% in October. Eurostat said consumer price inflation increased by a seasonally adjusted 0.8% last month, down from 0.9% in November.

Economic Calendar
Monday 6-Jan-14 Tuesday 7-Jan-14 Wednesday 8-Jan-14 Thursday 9-Jan-14 Friday 10-Jan-14

US

German Prelim CPI m/m , Spanish Services PMI , Italian Services PMI , Final Services PMI , French 10-y Bond Auction , Services PMI .

Trade Balance , IBD/TIPP Economic Optimism , BRC Shop Price Index y/y .

ADP Non-Farm Employment Change , Unemployment Claims , Challenger Job Cuts Crude Oil Inventories , 10-y Bond Auction , y/y , Natural Gas Storage , 30-y Bond Auction . FOMC Meeting Minutes .

Non-Farm Employment Change , Unemployment Rate , Average Hourly Earnings m/m , NIESR GDP Estimate .

UK/EURO ZONE

German Prelim CPI m/m , Spanish German Unemployment Change , CPI Services PMI , Italian Services PMI , Flash Estimate y/y , Spanish 10-y Bond Final Services PMI , French 10-y Bond Auction . Auction , Services PMI .

German Trade Balance , German Constitutional Court Ruling , Retail Sales m/m , Unemployment Rate , Italian 10-y Bond Auction , German Factory Orders m/m .

Halifax HPI m/m , Trade Balance , German 10y Bond Auction , Spanish 10-y Bond Auction , French Industrial Production m/m , German Industrial Production m/m , Asset Manufacturing Production m/m , Purchase Facility , Official Bank Rate , MPC Industrial Production m/m , Final GDP q/q Rate Statement , Minimum Bid Rate , ECB . Press Conference .

INDIA

HSBC India Services PMI , HSBC India Composite PMI.

IIP Data , CPI

Result Calendar Q3FY14 Bse Code 502700 526269 532857 507488 521248 531395 506597 532330 532187 500209 532468 530175 533344 506894 509567 507984 Company Name Arunoday Mills Crestchem Glory Polyfilms GM Breweries Kitex Garments Padam Cotton Amal Biopac India-$ Indusind Bank Infosys KAMAHOLDING-$ Odyssey Tech-$ PTC India Fin Chemfab Alk Goa Carbon-$ SER Inds Date 07-Jan-14 07-Jan-14 07-Jan-14 07-Jan-14 09-Jan-14 09-Jan-14 10-Jan-14 10-Jan-14 10-Jan-14 10-Jan-14 10-Jan-14 10-Jan-14 10-Jan-14 11-Jan-14 11-Jan-14 11-Jan-14

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