27th March 2014

MARKET DIARY

Index ↓

Contents Page Coverage ↓

3 UPDATE ↓

4 UPDATE ↓

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Economic calendar

DOW 16288.99 (98.89)

4173.58 (60.69)

DOLLAR/RS. 60.15

Chart of the Day

266.40

News

Buy(Cr.)Investor

FTSE

Index Action-Nifty (26th, Mar, 14) Mar,14

Central Govt Fiscal Policy Trend

HANG SENG

FII

Sale(Cr.)

21893.56

2,000.55

5.81

MARKET

Name Value Change

Sensex 22095.35 40.39

106.77

26th Mar, 14

SILVER

Nifty 6601.4

20893.86

11.86

COMMODITY PRICE

CRUDEOIL

ValueCOMMODITY/CURRENCIES

NASDAQ

CAC

26th Mar, 14 3965.79

DAX

NIKKIE

EURO/RS. 82.91

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. 99.70

41.03

110.18

6605.3 0.41

14304.6 (172.56)

4385.15

9448.58

1004.52

26.45 EW ALL SHARE 10429.50

1,67,752.68

72320.79

INSTITUTIONAL TURNOVER

2,961.27

51,426.93

Net(Cr.)

COPPER 397.25

43044.00

GOLD 28585.00

2014 69349.59

23527.24 35,255.44 (11728.20)

82,246.31

NATURALGAS

Mar,14

(12896.72)

20687.11

DII

Net(Cr.)Investor Buy(Cr.) Sale(Cr.)

2014 188439.79

1644.44 (356.11)

Quote of The"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets."Peter Lynch

SGX NIFTY : 6623

( 12 pts Up )

NIFTY SNAPSHOT

Nifty Spot

6615

Nifty Apr 2014 Future

15422600

Nifty Apr 2014 Open Interest 11692750

6538

21 DMA of Spot NIfty GRAPH

6270

VOLATILITY INDEX (VIX)

1.42

Nifty (Mar Series) Option OI Distribution:

Index Outlook

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

CALL PUT Segment Buy Sell Net

OI % Chng OI % Chng

6300 996750 -38.5 4422600 -5.8 INDEX FUTURE 5,482 5,136 347

6400 1299700 -46.0 6264100 2.5 INDEX OPTION 14,614 13,565 1,050

6500 2104850 -65.9 5231150 -15.0 STOCK FUTURE 14,563 15,294 (731)

6600 4699650 -30.2 4390550 -8.9 STOCK OPTION 1,753 1,865 (112)

6700 5557050 0.3 626900 31.3 TOTAL 36,413 35,860 553

6800 1868350 -10.6 113800 -187.7

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%

NHPC 432,36,000 14.5 17.9 0.6 DRREDDY 14,29,250 12.7 2636.1 -3.1

ICICIBANK 110,01,250 11.9 1256.9 0.3 POWERGRID 201,76,000 8.6 104.1 -1.1

SYNDIBANK 60,64,000 11.4 90.2 0.6 UNITECH 1722,72,000 8.4 11.5 -2.5

IFCI 729,50,000 11.1 24.7 0.6 ZEEL 23,90,000 7.9 279.4 -2.9

TATAPOWER 208,99,090 8.5 81.6 0.3 SUNPHARMA 99,44,500 7.1 566.4 -2.2

PCR (OI) RISING PCR (OI) FALLING

STOCK T1 T2 STOCK T1 T2

ARVIND 0.79 0.47 JISLJALEQS 0.20 0.29

SAIL 0.59 0.39 TCS 0.49 0.68

CENTURYTEX 1.11 0.76 DRREDDY 0.52 0.70

JINDALSTEL 0.64 0.47 BHARATFORG 0.66 0.89

YESBANK 0.89 0.67 ITC 1.14 1.50

7 DMA of Spot Nifty

PUT CALL RATIO

6444

Derivative Research

6601.40(+11.65)

6673

17.77 (0.85)

Nifty Mar 2014 Open Interest

Nifty Mar 2014 Future

50 DMA of Spot Nifty

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

Top Performers

1M

% Change

WIMPLAST 19.99 KECL 48.40 SUMMITSEC 95.29

RML 19.25 SUJANAUNI 41.03 CCCL 75.38

HUBTOWN 12.73 ARTSONENGG 39.12 MUDRA 73.97

SREINFRA 12.08 SURANACORP 35.63 PRAKASHCON 69.70

KESORAMIND 12.06 DYNAMATECH 33.62 ALPHAGEO 62.64

Worst Performers

1D

% Change

Worst Performers

1W

% Change

Worst Performers

1M

% Change

RAMKASH (10.14) SUNDARAM (22.06) SUNDARAM (63.45)

CALSREF (10.00) TANLA (20.78) VAARAD (48.95)

AMTEKAUTO (9.74) INFOMEDIA (18.64) KAVVERITEL (44.36)

PARABDRUGS (9.70) SPECTACLE (17.65) RSYSTEMS (36.50)

EUROCERA (9.09) GNRL (17.26) ELECTHERM (32.80)

• Italian National Institute of Statistics said that Italian Consumer Confidence rose to 101.7, from 97.7 in the preceding month whose figure was

revised up from 97.5 . Analysts had expected Italian Consumer Confidence to rise 98.4 last month.

• Italian Retail Sales remained unchanged at 0.0%, from -0.3% in the preceding month. Analysts had expected Italian Retail Sales to rise 0.4% last

month.

Markets Snapshot

Top Price Performers

Worst Price Performers

• SREI Infrastructure Mgt guideline : SREI Infrastructure says it will take time to rollout the white label ATM machines. There are various

operational issues in rural areas . Apart from this, there have been reports that the Tata Group is mulling to exit Viom and is seeking to raise Rs

8,000-10,000 crore . Viom is a joint venture between Srei Infra and Tata Teleservices (TTSL). TTSL holds 54 percent stake in the JV, while Srei holds

18%.

Top News :

• Bank of India Mgt Guideline : Bank expect to lower the gross and net NPAs (non-performing assets) in the coming quarter . Bank has already

sold bad assets worth Rs 2,000 crore during the quarter and is looking to sell more such loans to asset reconstruction companies in the fourth

quarter. The bank has seen the bulk of credit growth coming from the priority sectors, with corporates contributing only around 11-12 percent.

Bank is expecting 23-25 percent credit growth in FY14, however is not looking at riskier assets to explore credit growth yet. Bank will be able to

grow 18-20 percent in the coming years.

• Gfk said that its index of Germany’s consumer climate remained unchanged at 8.5, from 8.5 in the preceding month. Analysts had expected Gfk

consumer climate to remain unchanged at 8.5 last month.

• Wheels India Mgt Guideline : The main aim of the company was to reduce debt and to bring down the debt/equity ratio to 1:1. The company

raised Rs 86.51 crore via the rights issue. Mgt expects to see growth in FY15 after almost two years of degrowth. The company’s FY14 topline has

slumped 6.5 percent due to sluggish growth in the commercial vehicle segment. However, Mgt believes that the CV industry has bottomed out.

• Suven Life secures (2) Product Patents for their NCEs in USA . The patents, valid till 2029 and 2030, are corresponding to the new chemical

entities (NCEs) for the treatment of disorders associated with neurodegenerative diseases.

• Sintex Industries has decided to disinvest its entire equity stake in Zep Infratech, the wholly owned subsidiary of the company to Khadayata

Decor.

• Hon’ble High Courts of Gujarat and New Delhi have approved the Scheme of Amalgamation of Holcim India Private Limited with Ambuja

Cement. The orders are available on the website of the relevant High Courts. The Hon’ble High Court of Gujarat while sanctioning the Scheme of

Amalgamation has also approved the reduction of capital of the Company as envisaged in the Scheme.

• Tech Mahindra announced the launch of Managed data Service (MDS), a fully managed end-to-end reference data management Business

Process as a Service (BpaaS) solution for the financial services industry in North America. This solution already witnessed a significant traction in

European markets.

• Zicom Electronic Security Systems has sold off its entire shareholding in its wholly owned subsidiary 2020 Imaging India Limited at a lumpsum

price of USD 60,000 (approx INR 36,75,000/-).

Monday Tuesday Wednesday Thursday Friday

24-Mar-14 25-Mar-14 26-Mar-14 27-Mar-14 28-Mar-14

USS&P/CS Composite-20 HPI y/y , CB

Consumer Confidence , New Home

Sales .

Core Durable Goods Orders m/m , Durable

Goods Orders m/m , Crude Oil Inventories

.

Unemployment Claims , Final GDP q/q , Final

GDP Price Index q/q , Pending Home Sales

m/m .

Core PCE Price Index m/m , Personal

Spending m/m , Revised UoM Consumer

Sentiment .

UK/EURO

ZONECBI Realized Sales

CPI y/y , PPI Input m/m , RPI y/y , Core

CPI y/y , HPI y/y .

GfK German Consumer Climate ,

Nationwide HPI m/m , Current Account ,

Final GDP q/q .

M3 Money Supply y/y , Private Loans y/y ,

Retail PMI .

German Retail Sales m/m , German

Import Prices m/m , French Consumer

Spending m/m , Italian Monthly

Unemployment Rate .

INDIA

Economic Calendar

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033-32011233 Toll Free no : 1-800-345-4000

email: research@narnolia.com,

website : www.narnolia.com

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