Weekly Equity Report - starindiaresearch...for the market, also saw capitulation. Weekly Equity...

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; Weekly Equity Report 08-10-2018 [email protected] Nifty Weekly View It was another freaky session for the market as bears retained control over Dalal Street. The Monetary Policy Committee's surprise move to hold policy rates spooked stocks and currency alike.Weak global cues also hit investor sentiment. Index heavyweights like Reliance Industries, HDFC, ITC etc, considered most defensive plays for the market, also saw capitulation. Weekly Chart By Senior Researcher Miss NamrataOtwani

Transcript of Weekly Equity Report - starindiaresearch...for the market, also saw capitulation. Weekly Equity...

Page 1: Weekly Equity Report - starindiaresearch...for the market, also saw capitulation. Weekly Equity Report 08-10-2018 support@starindiaresearch.com8817002233 Nifty Weekly View It was another

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Weekly Equity

Report

08-10-2018 [email protected]

Nifty Weekly View It was another freaky session for the market as bears retained control over Dalal Street. The Monetary Policy

Committee's surprise move to hold policy rates spooked stocks and currency alike.Weak global cues also hit

investor sentiment. Index heavyweights like Reliance Industries, HDFC, ITC etc, considered most defensive plays

for the market, also saw capitulation.

Weekly Chart

By Senior Researcher – Miss NamrataOtwani

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Open interest for the week

G

Most Active Nifty option

Scrip Strike price Option type Open interest

Nifty 11000 PE 2937525

Nifty 10800 PE 2829375

Nifty 11200 CE 2434800

Monday Tuesday Wednesday Thursday Friday

16109625

-

16888875

18616875

20193750

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Bank Nifty Weekly View Bank Nifty Bank Nifty after the Reserve Bank of India (RBI) sprung a surprise and kept the repo rate unchanged at

6.50 per cent. Most experts had expected the central bank to hike rates by 25 bps.Heavy losses were also visible in

banking stocks with the Nifty Bank index slipping 1.5 per cent. YES Bank, State Bank of India (SBI), Bank of Baroda

(BoB), IDFC Bank and ICICI Bank lost up to 5.1 per cent.

Weekly chart

Open interest for the week

Monday Tuesday Wednesday Thursday Friday

1853000

-

1890480

1635880

1505640

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Most Active Bank Nifty option

Weekly FII DII

FII RS CRORE

DATE GROSS PURCHASE GROSS SALE NET

PURCHASE/SALE 05-Oct-18 4867.87 8238.01 -3370.14 04-Oct-18 7488.54 9038.58 -1,550.04 03-Oct-18 - - - 02-Oct-18 5687.74 7529.37 -1,841.63 01-Oct-18 5387.49 8148.12 -2,760.63

DII RS CRORE

DATE GROSS PURCHASE GROSS SALE NET

PURCHASE/SALE 05-Oct-18 6434.73 4532.66 1902.07 04-Oct-18 6132.11 4308.52 1,823.59 03-Oct-18 4785.31 3382.84 1,402.47 02-Oct-18 - - - 01-Oct-18 4948.82 3143.88 1,804.94

Scrip Strike price Option type Open interest

Bank Nifty 25500 CE 883240

Bank Nifty 25000 PE 379040

Bank Nifty 25600 CE 370320

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SECTOR SCAN

Sector % Chg Advance Decline Automotive -3.12% 10 70

Banking & Financial Services -2.75% 27 166

Cement & Construction -3.12% 13 83

Chemicals -2.04% 15 92

Conglomerates -2.30% 6 29

Consumer Durables -3.38% 3 7

Consumer Non-durables -1.08% 5 24

Engineering & Capital Goods -2.46% 29 101

Food & Beverages -2.13% 20 63

Information Technology 1.02% 24 76

Manufacturing -2.08% 50 150

Media & Entertainment -3.50% 7 35

Metals & Mining -3.41% 19 65

Miscellaneous -1.02% 37 122

Oil & Gas -9.94% 1 21

Pharmaceuticals -1.04% 17 68

Retail & Real Estate -1.75% 8 43

Services -1.36% 27 57

Telecommunication -2.07% 5 27

Tobacco -3.68% 0 5

Utilities -2.25% 4 21

Sectoral Indices:

Name %change NIFTY BANK -1.51

NIFTY AUTO -3.17

NIFTY FIN SERVICE -2.53

NIFTY FMCG -2.64

NIFTY IT 0.97

NIFTY MEDIA -3.63

NIFTY METAL -3.57

NIFTY PHARMA -0.87

NIFTY PSU BANK -4.38

NIFTY PVT BANK -1.56

NIFTY REALTY -2.73

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NEWS CORNER

1. Delta Corp shares gained 3 percent after global brokerage house UBS initiated coverage on the stock with Buy rating and target price of Rs 310. It believes new casino policy should unlock the sector's potential. "Positives are rising popularity of Goa and casinos, increasing traffic for poker site, less chances of issuance of new casino licenses, high option value of Daman license and increasing traction for the Sikkim casino.

2. Share price of Punj Lloyd fell nearly 3 percent intraday Friday after International Finance Corporation (IFC) moved an insolvency plea against company before the National Company Law Tribunal (NCLT).

3. Shares of Goa Carbon shed 5 percent intraday Friday after company reported net loss in the quarter ended September 2018.

4. Shares of DilipBuildcon added 2 percent intraday Friday after company received orders worth Rs 1,077 crore. The company has received Letter of Acceptance (LOA) for Bhopal and Indore Metro Rail project, Phase -I, valued at Rs 247.06 crore and Rs 228.96 crore respectively by the Madhya Pradesh Metro Rail Co, Urban Administration and Development Department, Bhopal (M.P).

5. Oil Marketing Companies (OMCs) opened 20-30 percent lower in the on October 5 as the government asked them to absorb Rs 1 per litre of the Rs 2.5 cut Finance Minister ArunJaitley announced on October 4.

6. Shares of Cadila Healthcare rose nearly 2 percent in the early trade on Friday after company received EIR from USFDA for its Ahmedabad unit. The company's Biologics manufacturing facility (Zydus Biologics) located at the Zydus Biotech Park in Ahmedabad has received an EIR (Establishment Inspection Report) from the USFDA signifying the successful closure of the audit.

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STOCK OUTLOOK

TATAMTRDVR FUT :-Stock ends with big bearish candle and ends near around its important

support which can be seen in below charts, if sustain below this mark than selling pressure may

seen.

Stock performance

VWAP 119.85

Traded Volume 5406800 Traded Value (lacs) 6480.05

Market Lot 2800

Weekly High 124.20 Weekly Low 115.10

Rating Matrix by Researcher

Rating SELL R1/R2 135/140 S1/S2 110/105 LEVEL 115

Stock in ban period

NIL.

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