23th Dec 2013

MARKET DIARY

Index ↑

Contents Page Coverage ↑

4 UPDATE ↑

News 3 UPDATE ↓

2 UPDATE ↓

UPDATE ↓

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1

4104.74 46.60

NIKKIE

FTSE

107.40

DOW 16221.14 42.06

Closed

50325.03

INSTITUTIONAL TURNOVER

16.74

HANG SENG

FII

Sale(Cr.)

11824.68

Net(Cr.)Buy(Cr.)Investor

38,500.35

Derivative Research

DOLLAR/RS. 62.04

MARKET

Name Value Change

Sensex 21079.72 371.10

111.86

20th Dec, 13

SILVER

Nifty 6274.25

EURO/RS. 84.48

Narnolia Securities Ltd. 124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196

email: research@narnolia.com, website : www.narnolia.com

POUND/RS. 101.35

COPPER 458.70

NATURALGAS 276.70

COMMODITY PRICE

CRUDEOIL

ValueCOMMODITY/CURRENCIES

Chart of the Day

Investor Buy(Cr.) Sale(Cr.)

2013 733378.33

2,454.68

Index Action-Nifty (20th Dec, 13) Dec,13

NASDAQ

CAC 4193.77

20th Dec, 13 3444.87

DAX 9400.18

Global Coal Reserve

6,47,990.30 85388.03

1,403.47

DII

Net(Cr.)

22898.34 86.16

990.19

64.44

6606.58 21.88

158.41 EW ALL SHARE 10034.15

Dec,13

(68617.11)

Economic calendar

1155.52 (247.95)

44007.00

GOLD 28554.00

2013 250438.65

15352.86 22,083.04 (6730.18)

3,19,055.76

Quote of The Day "Acknowledging what you don't know is the dawning of wisdom."Charlie Munger

SGX NIFTY : 6317 (

14pts Up )

NIFTY SNAPSHOT

Nifty Spot

6294

Nifty Jan 2013 Future 6344

Nifty Jan 2013 Open Interest 5896450

21 DMA of Spot NIfty GRAPH

VOLATILITY INDEX (VIX)

0.96

Nifty (Dec Series) Option OI Distribution:

Index Outlook

Activity of Nifty (Dec Series) Strike FIIs Activity (Fig in Cr)

CALL PUT Segment Buy Sell Net

OI % Chng OI % Chng

6000 1623550 -0.7 5798150 1.9 INDEX FUTURE 2,507 3,082 (574)

6100 2058450 23.9 5517050 -2.7 INDEX OPTION 24,280 23,662 618

6200 5479950 33.2 4542050 -7.2 STOCK FUTURE 3,735 3,886 (151)

6300 7634500 11.0 2517450 -13.4 STOCK OPTION 1,640 1,709 (69)

6400 4898800 -16.4 527300 -65.8 TOTAL 32,163 32,339 (176)

6500 4767200 -9.0 625150 -6.9

Fresh Long Seen In (Rising OI -Rising Price) Fresh Shorts Seen In: (Rising OI -Falling Price)

Scrip OI OI ch% CMP Ch% Scrip OI OI ch% CMP Ch%

TATACOMM 54,90,000 18.9 293.6 4.7 ADANIPORTS 52,88,000 8.3 163.4 -2.2

LICHSGFIN 145,95,000 16.2 208.7 3.5 TITAN 97,94,000 6.7 228.7 -1.7

M&M 25,66,250 11.9 969.3 3.3 IDEA 95,10,000 5.5 170.0 -0.1

HEROMOTOCO 19,65,875 11.3 2127.4 2.1 GRASIM 5,79,625 5.3 2631.0 -0.4

HEXAWARE 51,24,000 11.1 127.1 4.1 JINDALSTEL 79,64,000 3.9 250.6 -0.5

PCR (OI) YESTERDAY'S IMPACT TRADE

STOCK T1 T2 STOCK STRIKE CE STOCK STRIKE PE

HAVELLS 0.31 0.05 SBIN 1750 CE SBIN 1700 PE

KTKBANK 0.29 0.17 RELIANCE 880 CE RELIANCE 860 PE

GLENMARK 1.19 0.71 TCS 2100 CE INFY 3500 PE

M&M 0.63 0.38 DLF 160 CE AXISBANK 1250 PE

PFC 0.60 0.38 AXISBANK 1300 CE ICICIBANK 1060 PE

16.02(-0.56)

7 DMA of Spot Nifty

PUT CALL RATIO

6193

6166

Nifty Dec 2013 Future

50 DMA of Spot Nifty

18971200

Derivative Research

6274.25(+107.60)

6187

Nifty Dec 2013 Open Interest

Top Performers 1D % Change Top Performers 1W % Change

Top Performers

1M

% Change

ANANTRAJ 19.74 VAIBHAVGEM 44.08 DQE 88.39

MASTEK 15.00 NEULANDLAB 37.50 SVCRES 71.20

VISASTEEL 14.77 ANANTRAJ 34.85 MVL 60.91

NAKODATEX 14.07 MARKSANS 29.52 YBRANTDIGI 60.89

SHARRESLTD 13.24 WELCORP 28.89 GEINDSYS 55.61

Worst Performers

1D

% Change

Worst Performers

1W

% Change

Worst Performers

1M

% Change

RAJESHEXPO (17.02) STAR (57.28) STAR (61.50)

AMTEKINDIA (14.02) SIGRUN (30.77) ZENITHINFO (53.47)

MAVENSBIO (11.49) SANWARIA (29.86) KINETICENG (50.83)

ONELIFECAP (10.59) MBSWITCH (28.35) MBSWITCH (50.66)

BIRLACOT (10.00) KINETICENG (22.37) SIGRUN (50.00)

• Instituto Nacional de Estadistica said that Spanish trade balance rose to -1.36B, from -2.59B in the preceding month. Analysts had expected

Spanish trade balance to rise to -1.00B last month.

• Canadian consumer price inflation remained unchanged at a seasonally adjusted 0.0%, from -0.2% in the preceding month. Analysts had

expected Canadian consumer price inflation to fall -0.2% last month.

• Federal Reserve Bank of Kansas said that KC Fed Manufacturing Index fell to a seasonally adjusted -3.00, from 7.00 in the preceding quarter.

Analysts had expected KC Fed Manufacturing Index to fall to 6.00 in the last quarter.

• Alstom T&D India has been awarded two contracts with a total value of Rs 298.3 crore to supply two gas-insulated substations (GIS) at

Wangtoo and Gumma in Himachal Pradesh . The projects respectively received from Larsen and Toubro (L&T) and HP Power Transmission

Corporation Limited (HPPTCL), aim to improve the transmission capacity of HPPTCL for the transport of electricity generated by hydropower .

• Asian Paint's Paints Plant situated at Sriperumbudur, Tamil Nadu will be affected due to the strike called by the Asian Paints Employees’ Union

Sriperumbudur and workmen with effect from December 20, 2013.

• Info Edge has invested an amount of about Rs. 45 million through optionally convertible cumulative redeemable preference shares in Canvera

Digital Technologies Private Limited, which is engaged in the business of providing solutions to professional photographers. It owns and

operates the site www.canvera.com.The aggregate investment, including the above, is Rs. 420 million in Canvera Digital Technologies Private

Limited which translates to about 26% stake in the Company on a fully converted and diluted basis.

• Zee Entertainment Enterprises has informed that the High Court of Judicature at Bombay has, at the hearing held on December 20, 2013,

approved the Scheme of Arrangement between the company and its equity shareholders for issuance of bonus preference shares to its equity

shareholders.

• European Commission said that Euro zone consumer confidence fell to an annual rate of -13.6, from -15.4 in the preceding month. Analysts

had expected Euro zone consumer confidence to fall -15.0 last month.

Markets Snapshot

Top Price Performers

Worst Price Performers

• Mastek Ltd Clarification : Company have observed that the share price of Mastek Ltd has sharply increased with very high volumes in the

first hour at trade today. Company is very much concerned about the above activity. Company would like to clarify to your goodselves that

there is no development in Mastek Ltd to warrant such volatility in the share price .

Top News :

• GAIL clarifies marketing margin charges . GAIL is charging marketing margin on APM and Non APM gas at different rates . Gail charges a

uniform marketing margin on non APM Gas at different rates . GAIL charges a uniform marketing margin on non APM supplies and there is no

discrimination amongst the customers .

Risk Disclosure & Disclaimer  :This report/message is for the personal information of the authorized recipient and does not construe to be

any investment, legal or taxation advice to you. Narnolia Securities Ltd. (Hereinafter referred as NSL) is not soliciting any action based upon

it. This report/message is not for public distribution and has been furnished to you solely for your information and should not be reproduced

or redistributed to any other person in any form. The report/message is based upon publicly available information, findings of our research

wing “Eastwind” & information that we consider reliable, but we do not represent that it is accurate or complete and we do not provide any

express or implied warranty of any kind, and also these are subject to change without notice. The recipients of this report should rely on their

own investigations, should use their own judgment for taking any investment decisions keeping in mind that past performance is not

necessarily a guide to future performance & that the the value of any investment or income are subject to market and other risks. Further it

will be safe to assume that NSL and /or its Group or associate Companies, their Directors, affiliates and/or employees may have interests/

positions, financial or otherwise, individually or otherwise in the recommended/mentioned securities/mutual funds/ model funds and other

investment products which may be added or disposed including & other mentioned in this report/message.

Management Tweets

• Cummins Mgt Guideline : Company has launched new models of generators in line with the CPCB II (Central Pollution Control Board)

norms.The company has successfully field-tested 50 units and has already commenced production for the new series . The CPCB II norms

have come after gap of 7-8 years. These are more environment-efficient norms. The company expects a rise in the overall cost for new

product line by 15-20% . These norms are applicable for products up to 800 kVA and may impact 40% of Cummins portfolio.

• Biocon Mgt Guideline : Biocon has inked a pact with California-based Quark Pharma to co-develop medicines based on the emerging siRNA

technology. But company will not get immediate revenue earn from Quark deal .

• Liberty Shoes Mgt Guideline : Company expects to outperform peers by achieving Rs 500 crore revenues in FY14. The footwear maker is

targeting revenue growth of 30-40% in the fiscal.The company is also planning to add almost 30 lakh new customers.

Monday Tuesday Wednesday Thursday Friday

23-Dec 24-Dec 25-Dec 26-Dec 27-Dec

US

Core PCE Price Index m/m , Personal

Spending m/m , Personal Income

m/m , Revised UoM Consumer

Sentiment .

Core Durable Goods Orders m/m ,

Durable Goods Orders m/m , HPI m/m ,

CB Consumer Confidence , New Home

Sales , Richmond Manufacturing Index .

HolidayRevised UoM Consumer Sentiment ,

Revised UoM Inflation Expectations .

UK/EURO

ZONE

Nationwide HPI m/m , CBI Realized

Sales , Italian Retail Sales m/m ,

Italian Prelim CPI m/m , German

Import Prices m/m .

BBA Mortgage Approvals. HolidayUnemployment Claims , Natural Gas Storage ,

Crude Oil Inventories .

German Retail Sales m/m , German

Prelim CPI m/m , French Consumer

Spending m/m , Italian Monthly

Unemployment Rate .

INDIA

Economic Calendar