1761388888888888888

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

- Warren Buffet

THURSDAY

GOOD MORNINGHave Good Trading Day

MORNING REPORT :28 APRIL 2016

GLOBAL INDICESNAME CMP NET CH. %

DOW 18041 +51 +0.28NASDAQ 4863 -25 -0.51NIKKEI 17533 +243 +1.41

HANG SENG 21414 +52 +0.25

SGX NIFTY 7998 +8 +0.11

INDIAN INDICESNAME CMP NET CH. %

SENSEX 26064 +56 +0.22NIFTY 7979 ++17 +0.22

INDIAN ADR’SSYMBOL CLOSE GAIN/ LOSS %

DRREDDY 46.79 +0.34

HDFCBANK 63.48 +0.37

ICICIBK 7.48 -0.11

INFY 19.22 -0.01

TATAMOTOR 31.37 -0.18

WIPRO 12.34 +0.01

WORLD COMMODITIESFUTURE U$$ CHANGES

CRUDE 45.17 -0.16NATURAL GAS 2.140 -0.013GOLD 1242.30 -8.10SILVER 17.205 -0.130COPPER 2.2200 -0.0045

FII AND MF ACTIVITYSYMBOL In Crs.

FIIs Eq (Provisional) 411.00FIIs Index Future 843.90FIIs Index Options 359.45FIIs Stock Future 168.93FIIs Stock Options -198.69DIIs Eq (Provisional) -295.07

CURRENCYRBI RATE 27-APR-2016RUPEE - $ 66.5460

EURO 75.1770

YEN 100 59.8500

GBP 96.9242

WORLD EVENTS

MARKET PULSE MARKET PULSE

TOP STORY

Bharti Airtel Q4 Cons net profit up 15.8 percent At Rs 1,290 crore vs Rs 1,117 crore (QoQ). Cons Total Income Up 3.7 percent at Rs 24,983 crore vs Rs 24,103 crore (QoQ).

Ceat Q4 Cons net profit up 11 percent at Rs 104.7 crore vs Rs 93.9 crore ( YoY). Cons Total Income Down 1.3percent At Rs1,459 crore Vs Rs1,473 crore ( Y-o-Y)

Sterlite Tech Bombay HC approves Demerger of Power products biz and Transmission Grid biz Torrent Pharma (BS) Recalls 21000 cartons of hypertension drug in US due to presence of a

‘foreign substance. Infosys invests In US-based Data Wrangling Startup Trifacta Govt says no proposal to merge BSNL and MTNL Suzlon Board approves merger of SE Blades, SE Electricals and Suzlon Wind. Board approves de-

merger of Suzlon Structures

US:Advance GDP q/q Unemployment Claims UK:Nationwide HPI m/m

MORNING REPORT: 28 April 2016

MARKET LEVELSCMP SUPPORT LEVELS RESISTANCE LEVELS

NIFTY 7979 7965 7935 7905 7875 7995 8015 8035 8065USDINR 66.83 66.75 66.65 66.6 66.5 66.9 66.95 67.05 67.15

MARKET COMMENTARY

Wednesday’s trading session was of consolidation and the Indian benchmark indices appeared a bit fatigued remaining in tight range throughout the day. Nevertheless, the benchmarks managed to extend the winning momentum for the second consecutive day of trade, as local sentiments continued to show signs of improvement. There was some support with the SASCOF indication that Central, western and north western parts of India are likely to get above normal rainfall, while most of the remaining parts of the country, barring some exceptions, are set to get normal rainfall. For today’s trade Nifty likely to trade in the range between 7995 – 8015 in the upper side and 7965 – 7935 in the lower side.

NIFTY CHART

MORNING REPORT: 28 April 2016

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

MHRIL MORGAN STANLEY MAURITIUS COMPANY LIMITED S 600,000 390.03

MHRIL HDFC BALANCED FUND B 584,000 389.99

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

EVEREADY AMANSA HOLDINGS PRIVATE LTD BUY 500000 250

RAMASTEELYAMINI INVESTMENTS COMPANY LIMITED SELL 94200 92.2

SUPREMETEX GANDHI PARESH NAGJIBHAI BUY 455614 3.06

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

Initial Public Offering (IPO)

Company Name Security type Issue Start Date Issue End Date Status

Ujjivan Financial Services Equity Apr 28, 2016 May 02, 2016 Forthcoming

Thyrocare technologies Equity Apr 27, 2016 Apr 29, 2016 OPEN

MORNING REPORT: 28 April 2016

NIFTY 50 STOCKS: SUPPORT & RESISTANCESymbol Close Support 1 Support 2 Pivot Point Resistance1 Resistance2

ACC 1430 1417 1405 1431 1444 1458ADANIPORTS 241 232 223 237 246 251AMBUJACEM 225 224 222 226 227 229ASIANPAINT 890 877 864 884 897 904AXISBANK 466 458 450 466 473 481BAJAJ-AUTO 2548 2529 2510 2556 2575 2602BANKBARODA 161 159 158 161 163 165BHARTIARTL 373 363 353 372 382 391BHEL 128 126 125 129 130 133BOSCHLTD 20227 20112 19998 20235 20350 20473BPCL 982 971 959 983 994 1006CAIRN 147 146 145 148 149 150CIPLA 540 535 530 540 545 549COALINDIA 291 288 285 291 294 296DRREDDY 3131 3100 3068 3117 3149 3166GAIL 373 362 350 368 379 386GRASIM 4131 4085 4039 4116 4162 4193HCLTECH 838 827 817 842 852 866HDFC 1122 1114 1106 1121 1129 1136HDFCBANK 1124 1114 1103 1119 1130 1135HEROMOTOCO 2950 2933 2917 2949 2965 2981HINDALCO 102 100 99 102 104 106HINDUNILVR 892 884 876 889 897 902ICICIBANK 245 242 239 246 249 254IDEA 125 123 121 125 127 130INDUSINDBK 1040 1026 1012 1034 1048 1056INFY 1240 1232 1223 1237 1245 1251ITC 334 328 323 331 337 340KOTAKBANK 713 702 692 711 721 730LT 1276 1269 1261 1279 1286 1296LUPIN 1570 1555 1541 1568 1582 1595M&M 1385 1360 1334 1374 1400 1415MARUTI 3859 3816 3772 3874 3918 3977NTPC 141 140 139 141 141 142ONGC 222 217 213 220 225 228PNB 90 89 88 91 92 93POWERGRID 144 143 142 145 146 147RELIANCE 1019 1015 1011 1020 1025 1030SBIN 196 194 192 198 200 203SUNPHARMA 814 810 806 813 817 820TATAMOTORS 419 414 409 419 424 430TATAPOWER 71 70 69 71 72 73TATASTEEL 357 353 350 358 361 366TCS 2511 2486 2462 2501 2525 2539TECHM 479 474 468 479 484 490ULTRACEMCO 3192 3162 3132 3215 3246 3299VEDL 105 103 102 106 107 109WIPRO 560 554 549 558 563 567YESBANK 916 901 887 912 926 937ZEEL 408 404 400 410 414 421

MORNING REPORT: 28 April 2016

CORPORATE ACTION / BOARD MEETINGS

BOARD MEETINGSCOMPANY NAME DATE PURPOSE RS. PER SH.

CRISIL 28-Apr-16 Dividend 5SMARTLINK 28-Apr-16 Buyback Of SharesDISHMAN 2-May-16 Bonus 1:1GDL 4-May-16 DividendITDCEM 4-May-16 Annual General MeetingWIPRO 5-May-16 Buyback Of SharesHCLTECH 5-May-16 DividendLINDEINDIA 6-May-16 Annual General Meeting/ Dividend 0.75MAHINDCIE 9-May-16 Annual General MeetingGODREJCP 10-May-16 DividendGMBREW 10-May-16 Annual General Meeting/ Dividend 2.5NESTLEIND 16-May-16 Dividend 18.5RIIL 20-May-16 Dividend 3.5

NSE Download Ref No:NSE/FAOP/32249:- Exclusion of Futures and Options contracts on IOB and UCOBANK w.e.f. July 01, 2016

MORNING REPORT: 28 April 2016

PRECIOUS METALS:COMMDITY

(MCX) S2 S1PIVOT POINT R1 R2

GOLD (June) 28800 29100 29345 29667 29966

SILVER (May) 38100 39200 40500 41400 42800

BASE METALSCOMMDITY

(MCX) S2 S1PIVOT POINT R1 R2

COPPER (Apr) 314 320 326 331 336

ZINC (Apr) 120.20 122.70 125.70 128.80 131.20

LEAD (Apr) 110.50 112.75 115.90 118.20 120.60NICKEL (Apr) 575 590 609 630 648

ENERGYCOMMDITY

(MCX)S2 S1 PIVOT

POINTR1 R2

CRUDE OIL (May) 2766 2850 2970 3060 3155

NATURAL GAS (May) 132 137 143 148 153

DATE TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 28- Apr- 2016

Gold (Spot Dollar) major support = $1220/$1191 & Resistance = $1285/$1321.

Crude oil range->$39 to $49.

Apple Sinks Stocks as Oil Rally Fades; Bonds Rise before Fed: - Stocks fell around the world as Apple Inc.’s disappointing sales forecast rippled through the global technology sector and a rally in crude oil faded. Treasuries rose, sending 10-year yields lower for the first time in eight days, as markets braced for the Federal Reserve’s latest interest rate decision.

Market players expect one more rate hike this year, most likely in December, while the Fed’s forecasts point to two more. In December, the Fed forecast four rate hikes in 2016.

Gold pushes higher as markets eye FOMC statement: - Gold futures extended gains during North American hours on Wednesday, after advancing overnight as investors awaited the Federal Reserve’s monetary policy statement for fresh guidance on the future path of U.S. interest rates.

Oil majors' results surprise, but output fall, volatile trading lurk:-Major oil companies' first-quarter results have so far not been as bad as feared but volatile trading operations and a likely fall in production mean any respite could be short lived. Total's production rose 4 percent in the quarter, equivalent to the target it had set for the full year, said Alexandre Andlauer, analyst at AlphaValue, which means it is unlikely to exceed that in coming quarters. "The production surprise is a one-shot in our view but a welcomed one," he added.

Iron ore for September delivery fell 3.6 percent to 434.5 yuan or $66.92 a metric ton on the Dalian Commodity Exchange, declining for a fourth day as China’s commodity futures exchanges stepped up efforts to curb speculation in trading in everything from steel to iron ore and coking coal after a credit-fueled

RBNZ Rate Statement, Monetary Policy Statement of JPY, BOJ Outlook Report, German Prelim CPI, BOJ Press Conference, AdvanceGDP, Unemployment Claims, Advance GDP Price Index, Natural Gas Storage.

MORNING REPORT: 28 April 2016

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