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Price is what you pay.Value is what you get.

- Warren Buffet

WEDNESDAY

GOOD MORNINGHave Good Trading Day

MORNING REPORT :17 AUGUST 2016

GLOBAL INDICESNAME CMP NET CH. %

DOW 18552 -84 -0.45NASDAQ 5227 -34 -0.66NIKKEI 16679 +83 +0.50

HANG SENG 23001 +90 +0.40

SGX NIFTY 8644 -17 -0.20

INDIAN INDICESNAME CMP NET CH. %

SENSEX 28064 -87 -0.31NIFTY 8642 -29 -0.34

INDIAN ADR’SSYMBOL CLOSE GAIN/ LOSS %

DRREDDY 44.92 +0.02

HDFCBANK 70.97 +0.45

ICICIBK 7.30 -0.41

INFY 15.95 -1.54

TATAMOTOR 38.63 +0.44

WIPRO 11.23 -0.88

WORLD COMMODITIESFUTURE U$$ CHANGES

CRUDE 46.32 -0.26NATURAL GAS 2.629 +0.012GOLD 1350.4 -6.5SILVER 19.850 -0.024COPPER 2.1645 -0.0075

FII AND MF ACTIVITYSYMBOL In Crs.

FIIs Eq (Provisional) 684.73FIIs Index Future -106.99FIIs Index Options 412.06FIIs Stock Future 430.54FIIs Stock Options -45.48DIIs Eq (Provisional) -108.98

CURRENCYRBI RATE 16-AUG-2016RUPEE - $ 66.8983

EURO 75.0198

YEN 100 66.6800

GBP 86.3389

WORLD EVENTS

MARKET PULSE MARKET PULSE

TOP STORY

Tree House board approves revised merger scheme with Zee Learn Dhanlaxmi Bank - Brickwork downgrades long term rating from BB+ to BB Nila Infra to build medical college & residence in Rajasthan for Rs87.46cr Wipro successfully launched Managed File Transfer as a Service on Microsoft Azure Tata Power subsidiary company sells 50% stake in OTP Geothermal Pte Tata Power commissions 100mw solar power plant for NTPC Minda corporation forms a JV with Shandong beiqi Hai hua auto UFO Moviez sues 20 cinema operators for breach of contract Tata Capital HC admits Tata Cap’s pettion to recover 29cr dues from 3i Info Temasek invests $18 million in ICICI Bank, as the bank moves to clear bad loans Nestle to enter kids breakfast cereal, market pegged at 1300 cr

US: Crude Oil Inventories FOMC Meeting Minutes UK: Average Earnings Index 3m/y Claimant Count Change

MORNING REPORT: 17 August 2016

MARKET LEVELSCMP SUPPORT LEVELS RESISTANCE LEVELS

NIFTY 8642 8635 8615 8585 8565 8655 8675 8695 8725USDINR 66.86 66.8 66.7 66.6 66.5 67 67.1 67.2 67.3

MARKET COMMENTARY

Tuesday’s session turned out to be a choppy day of trade for Indian equity markets with frontline gauges ending the session with marginal losses as investors remained wary on mixed economic data announced after the market hours on Friday. Indian equity benchmarks had started on a flat note and managed to trade in a narrow band in green in the late morning session. For today’s trade Nifty likely to trade in the range between 8655 – 8675 in the upper side and 8635 – 8615 in the lower side.

NIFTY CHART

MORNING REPORT: 17 August 2016

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

SYBLY CCL INTERNATIONAL LIMITED S 600,000 12.19

UNIAUTO HEM SEC LTD B 44,000 38.82

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

ESL ROUNDABOUT FINANCE LTD SELL 12050000 3.4

IBWSL LODHA ANIL BANSILAL BUY 284658 24.5

INVENTURE NIKUNJ AMBALAL PATEL (HUF) SELL 483091 21.63

VAKRANGEECREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAP BUY 4000000 173.8

SCRIP’S IN F&O BAN (To resume for normal trading below 80% of market wide limit required)BANKINDIA, DISHTV, IBREALEST, INDIACEM, JETAIRWAYS, JINDALSTEL, JISLJALEQS, RCOM,Wockpharma

Initial Public Offering (IPO)

Company Name Security type Issue Start Date Issue End Date Status

RBL Bank Ltd Equity 19-Aug-2016 23-Aug-2016 Upcoming

MORNING REPORT: 17 August 2016

CORPORATE ACTION / BOARD MEETINGS

BOARD MEETINGSCOMPANY NAME DATE PURPOSE RS. PER SH.

TRIDENT 18-Aug-16 Dividend 0.6TRITURBINE 18-Aug-16 Dividend 0.45SRIPIPES 18-Aug-16 Annual General Meeting/ Dividend 5TAKE 18-Aug-16 Annual General Meeting/ Dividend 0.4WSTCSTPAPR 18-Aug-16 Annual General Meeting/ Dividend 1CARERATING 18-Aug-16 Dividend 6BANSWRAS 18-Aug-16 Annual General Meeting/ Dividend 2BEL 18-Aug-16 Annual General Meeting/ Dividend 14.5AJMERA 18-Aug-16 Annual General Meeting/ Dividend 0.8GIPCL 18-Aug-16 Dividend 2.7FEDDERLOYD 18-Aug-16 Annual General Meeting/ Dividend 0.75INDRAMEDCO 18-Aug-16 Annual General Meeting/ Dividend 1.8HGS 18-Aug-16 Dividend 2.50LINCPEN 18-Aug-16 Annual General Meeting/ Dividend 3JUBILANT 18-Aug-16 Annual General Meeting/ Dividend 3LLOYDELENG 18-Aug-16 Annual General Meeting/ Dividend 1.3LT 18-Aug-16 Dividend 18.25NATCOPHARM 19-Aug-16 Dividend 0.75SOMANYCERA 19-Aug-16 Annual General Meeting/ Dividend 2.3FEL 19-Aug-16 Dividend 0.1FELDVR 19-Aug-16 Dividend 0.14INDIACEM 19-Aug-16 Annual General Meeting/ Dividend 1

NSE Download Ref No :NSE/FAOP/32916:- Adjustment of Futures and Options contracts in the security HINDPETRO. The adjusted strike price shall be arrived at by dividing the old strike price by the adjustment factor i.e.3. The revised market lot would be 2100 w.e.f September 14, 2016

NSE Download Ref No. : NSE/CML/32942:- Face Value Split - PIL ITALICA LIFESTYLE LIMITED from Rs. 4 to Rs.1 w.e.f August 24, 2016

MORNING REPORT: 17 August 2016

PRECIOUS METALS:COMMDITY

(MCX) S2 S1PIVOT POINT R1 R2

GOLD (Oct) 30852 31131 31410 31667 31966

SILVER (Sep) 44400 45500 46400 47500 48300

BASE METALSCOMMDITY

(MCX) S2 S1PIVOT POINT R1 R2

COPPER (Aug) 312 316 320 325 330

ZINC (Aug) 145.20 148.30 151.20 153.70 156.30

LEAD (Aug) 120.15 122.20 124.50 127.80 130.30NICKEL (Aug) 659 672 691 716 732

ENERGYCOMMDITY

(MCX)S2 S1 PIVOT

POINTR1 R2

CRUDE OIL (Aug) 2850 2970 3060 3175 3290

NATURAL GAS (Aug) 162 168 174 180 185

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 17- Aug- 2016

Gold (Spot Dollar) major support = $1332/$1294 & Resistance = $1386/$1411.

Crude oil range->$41 to $51.

U.S. Stocks Decline with Treasuries after Dudley’s Rate Comments: - U.S. stocks fell from records, Treasuries erased gains and the dollar pared its decline amid hawkish comments from a Federal Reserve official.

Dollar drops to 7-week lows vs. other majors:- The dollar dropped to seven-week lows against the other major currencies on Tuesday, as a flurry of downbeat U.S. data released last week and on Monday continued to weigh heavily on the greenback.

Yen Strengthens Past 100 per Dollar for First Time since June 24:- The yen strengthened past 100 per dollar for the first time since the aftermath of the U.K.’s vote to leave the European Union..

Oil remains supported amid hopes for OPEC action but doubts remain:- Oil prices struggled for direction in European trade on Tuesday, as investors paused for breath following an impressive three-day rally which boosted prices by nearly 10% amid indications major oil producers are reconsidering a collective production freeze in a bid to boost the market.

Gold edges higher as dollar crashes on reduced Fed rate hike bets: - Gold prices edged higher in European trade on Tuesday, extending gains from the prior session as disappointing U.S. economic data tempered expectations of a near-term interest rate hike by the Federal Reserve, weighing on the dollar. The disappointing report led investors to push back expectations for the next U.S. rate hike. Fed funds futures are currently pricing in just a 9% chance of a rate hike by September. December odds were at around 42%.

Claimant Count Change of GBP, Crude Oil Inventories, FOMC Member Bullard Speaks, FOMC Meeting Minutes.

MORNING REPORT: 17 August 2016

MORNING REPORT: 17 August 2016

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