Morning Note
Market Round Up
July 11, 2013
Indian Markets
• Indian markets traded in a narrow range before finally succumbing to selling pressure in the
afternoon session on Wednesday. The main indices were dragged by index heavyweight Reliance
Industries after the finance ministry called for the company to deliver outstanding gas at old price of
USD 4.2 / million metric British thermal units. Recently the Cabinet Committee on Economic affairs
hiked the gas price from USD 4.2 per mmbtu to USD 8.4.
• While the BSE Sensex closed 145.36pts or 0.75% lower at 19,294.12, the Nifty lost 42.3pts or
0.72% to close at 5,816.7. Broad market indices too ended lower as the BSE Mid Cap and Small
Cap indices lost 0.4% and 0.04% respectively.
• Market breadth was negative as the A/D ratio was 0.98:1 on the BSE. NSE cash turnover was
Rs.9,026crs. Vs. Rs.9,229crs. in the previous session.
• The sectoral indices ended with a mixed bag. While the top gainers were the BSE CD, IT and
Healthcare indices, the top losers were the BSE Oil and Gas, Auto and Realty indices. The top
gainers from the BSE 30 were Wipro, Tata Power and Jindal Steel. The top losers were M&M,
Hindalco, Bajaj Auto and Tata Steel.
• As per the provisional figures on Wednesday, FIIs were net buyers of Rs. 75 cr in the cash market,
while they were net sellers of Rs. 717 cr in the F&O markets. DIIs were marginal net buyers of Rs.
29 cr in the cash market.
US and European Markets
• The Federal Reserve was back in the limelight on Wednesday but there was little new news. The
minutes from the Fed's June meeting showed many of the 12 Fed voting officials said they need to
see further improvement in the job market before they'd be willing to gradually start winding down
the stimulus program. U.S. stocks initially bounced but returned to the breakeven line soon after as
investors realized the comments were closely in line with Fed chairman Ben Bernanke's
announcement last month.
• The Dow Jones slipped 0.1%, the S&P 500 finished flat and the Nasdaq gained 0.5%.
• However, after the markets closed, Chairman Ben Bernanke commented that highly accommodative
monetary policy would be needed for the foreseeable future.
• European stock markets ended mix. Traders shifted their focus on Italy after a credit rating
downgrade. Further, weak Chinese trade data added to concerns about economic growth. CAC 40
in Paris & London's benchmark FTSE 100 fell marginally by 0.1%, while DAX in Germany gained
marginally by 0.1%.
• The Indian ADRs ended on a mix note. Infosys & Wipro ended higher by 1.1% & 1% respectively,
while Dr. Reddy’s ended flat. However, Tata Motors, ICICI & HDFC Bank ended lower by 0.6%,
0.7% & 1.4% respectively.
Latin American Markets
• Among the Latin American markets, Mexican markets ended lower by 0.6%, while Brazilian index
ended higher by 0.9%.
Asian Markets
• Barring Nikkei which is trading flat, all the other Asian indices are trading firmly up on Bernanke's
dovish comments. Shanghai & Hang Seng are up by 1.3% & 1.9% respectively. Strait Times is up
by 1.4%, while Kospi & Taiwan are up by 2.2% & 1.4% respectively.
• As of IST 8.25 am SGX Nifty is trading sharply higher by 99 points.
Currencies
• The rupee on Wednesday climbed 49 paise to 59.65 against the dollar, the most since June 28,
after the RBI and Sebi took steps to curb volatility, while banks and exporters sold the US currency
which weakened overseas.
• The dollar dropped against the euro on Wednesday after the Federal Reserve released the minutes
of its June monetary policy meeting that showed monetary authorities favored keeping stimulus
programs in place despite improving economic indicators.
Commodities
• The Metal prices ended higher with Nickel gaining the most by 2.3%. Zinc & Aluminium rose by
1.2% & 1% respectively, while Copper ended in the green by 0.9%.
• Oil prices for August 2013 contract rose by 2.9% to close at $106.52 a barrel.
• Gold for August 2013 delivery rose marginally by 0.1% to $1,247.4 an ounce.
Key events to watch
• Japan – Machine Orders for May 2013.
• US – Chain Store Sales (June 2013), Jobless Claims (Weekly), Import and Export Prices (June
2013), Bloomberg Consumer Comfort Index (Weekly), EIA Natural Gas Report (Weekly), Treasury
Budget (June 2013).
• Australia – Labour Force Survey (June 2013).
• France – CPI (June 2013; M-o-M & Y-o-Y).
Outlook
The Indian markets are likely to open gap up following positive global cues and then stabilize &
consolidate at higher levels throughout the session. Strong support for Nifty is at 5780, while
immediate resistance is at 5900 level. Among the sectoral indices, Banks, Auto & Metals could do well.
For fresh and / or open calls refer to page 4
Retail Research
Key Indices
Sensex
Nifty
BSE 500
DJIA*
Nasdaq*
MSCI Emerging Markets*
MSCI AC Pacific*
MSCI World*
Jul 10
19294
5817
7179
15292
3521
916
130
1473
% Chg
-0.75
-0.72
-0.57
-0.06
+0.47
+0.32
+0.83
+0.33
*= in USD
Jul 10
% Chg
6399
6321
+1.95
+0.66
8588
10526
-1.82
-1.50
CMP (Rs)
% Chg
249.45
1080.10
857.95
+4.31
+3.63
+2.70
CMP (Rs)
% Chg
228.65
691.95
286.65
-3.46
-3.28
-2.90
Sectoral Indices
Major Gainers
BSE CD
BSE IT
Major Losers
BSE OIL&GAS
BSE AUTO
Top Gainers
(BSE-100)
Titan
Tech Mahindra
Lupin
Top Losers
(BSE-100)
HPCL
Shriram Trans
Cairn India
52 Week High
Ajanta Pharma
Dr.Reddy’s Lab
Price (Rs)
1043.70
2296.65
52 Week Low
PC Jeweller
Binny Mills
Price (Rs)
77.05
1352.40
Turnover (Rs bn)
Jul 10
5 days average
NSE
90.25
88.71
BSE
16.15
16.36
Advance-Decline
Jul 10
5 days average
NSE
1.01:1
1.05:1
BSE
0.98:1
1.04:1
Volatility Index (ViX)
Jul 10
5 days average
Nifty
19.98
19.18
CBOE
14.21
14.56
Net Flows (Cr)
July 09
Cumulative for
July
5 days average
Debt FII
-1058.4
FII
+167.2
MF
-
-7481.1
-1032.3
+800.6
-76.38
-
Interest Rates
MIBOR
10 yr bond yield
LIBOR – UK
LIBOR – USA
LIBOR – Europe
Exchange Rates
USD/INR
USD/EURO
USD/YEN
USD/POUND
Other
RJ/CRB Index
Gold ($ / Oz)
Crude Oil ($ / Barrel)
Brent Oil ($ / Barrel)
3 month Chg bps
8.21
-6.00
7.52
-3.00
0.51
0.00
0.27
0.00
0.14
0.00
Value
60.13
0.77
99.68
0.67
% Chg
+0.10
-1.44
-1.46
-0.92
Value
286.17
1247.40
106.52
-
% Chg
+0.91
+0.12
+2.89
-
1
News Flash
July 11 2013
Economy News
• Government plans to announce the long-awaited mergers and acquisitions guidelines by this
month end, paving the way for consolidation in the telecom sector.
For forthcoming Board Meeting on Jul 12, 2013
click on the following link
http://www.bseindia.com/mktlive/board_meeting.asp#1
• Factory production growth probably eased to a three-month low in May dampened by weak
infrastructure sector output, as weak global demand and consumption weigh on a recovery in
Asia's third-largest economy.
• The International Monetary Fund (IMF) lowered growth forecast for India for the current fiscal
and warned emerging economies face a longer growth slowdown and the euro zone a
protracted recession.
Corporate News
• Tata Steel India reported over 26% jump in sales at 2.005 million tonnes (MT) in the first
quarter of this fiscal ended June 30.
• IndusInd Bank reported nearly 42% rise in net profit at Rs 334.84 crore for the first quarter
ended June 30.
• Malaysia's Petronas is in talks to sell 10 percent of its Canadian shale gas assets to Indian
Oil Corp, mirroring a deal it signed earlier this year with a Japanese company.
• After power plants, LPG producing units are the latest to face complete stoppage of natural
gas supplies from Reliance Industries' KG-D6 block after output from the eastern offshore
fields dropped to an all-time low.
• In the first rumbling against India's most expensive LNG deal ever, GAIL has demanded
renegotiation of price of gas from Australia's Gorgon project.
• JSPL is in talks with global steel trader Stemcor for buying their pellet unit in Odisha, Global
steel trading giant, Stemcor, which owns 80% stake in the unit along with an Indian promoter
which owns 20% stake, is expecting a valuation of $300 million.
Bulk Deals
Scrip Name
Quantity (in lakhs) Fund Name
Aagam Cap
Parikh Herbals
Price
+1.05 MONO HERBICIDES PVT. LTD.
-6.00 CHP FINANCE PRIVATE LIMITED
100.95
25.45
Key Corporate Action
SCRIP NAME
ANDHRA BANK
AUTOMOTIVE
BIOCON LTD
CINEMAX
DFM FOODS
ELF Trading
EMPIRE IND
JYOTI STRUCTURE
KARUR VYSYA BANK
KOVAI MEDICAL
LARSEN & TOUBRO
MAHINDRA HOLIDAY
MAHINDRA FORGING
MAHINDRA LIFE
PIRAMAL GLASS
RANE MADRAS
RK FORGING
RPG LIFESCIENCE
SAINT GOBAIN
SHANTI GEAR
THERMAX LTD
THINKSOFT
UNICHEM LAB
V GUARD INDS
VATECH WABA
WPIL LTD
Retail Research
BC/RD
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
RD
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC
BC/RD FROM
15/07/2013
13/07/2013
13/07/2013
15/07/2013
15/07/2013
13/07/2013
13/07/2013
15/07/2013
15/07/2013
13/07/2013
13/07/2013
13/07/2013
15/07/2013
15/07/2013
15/07/2013
13/07/2013
13/07/2013
15/07/2013
15/07/2013
13/07/2013
15/07/2013
15/07/2013
15/07/2013
13/07/2013
13/07/2013
15/07/2013
EX-DATE
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
11/07/2013
PURPOSE
A.G.M., 50% Dividend
A.G.M
A.G.M., 50% Special Dividend, 100% Dividend
A.G.M
A.G.M., 25% Dividend
A.G.M., 20% Final Dividend
A.G.M., 240% Dividend
A.G.M., 40% Dividend
A.G.M., 140% Dividend
A.G.M., 15% Dividend
1:2 Bonus Issue
A.G.M., 40% Dividend
A.G.M
A.G.M., 60% Dividend
A.G.M., 10% Dividend
A.G.M., 50% Dividend
A.G.M., 10% Dividend
A.G.M., 15% Dividend
A.G.M
A.G.M., 60% Dividend
A.G.M., 350% Dividend
A.G.M., 30% Final Dividend
A.G.M., 225% Dividend
A.G.M., 35% Final Dividend
A.G.M., 350% Dividend
A.G.M., 20% Dividend
2
Stock Ideas
July 11, 2013
Update of Index Future Calls:
Date
10-Jul-13
10-Jul-13
9-Jul-13
9-Jul-13
9-Jul-13
8-Jul-13
8-Jul-13
B/S
B
B
B
S
S
B
B
Positional Call
Bank Nifty Fut
Bank Nifty Fut
Bank Nifty Fut
Nifty July Fut
Bank Nifty Fut
Bank Nifty Fut
Bank Nifty Fut
Entry at Sloss
11395.0
11330.0
11501.0
11455.0
11436.0
11380.0
5847.4
5880.0
11480.0
11550.0
11280.45
11236.0
11226.65
11149.0
Exit
Price /
Targets
CMP Exit Date
11600.0 11355.0
11600.0 11549.0 10-Jul-13
11550.0 11487.0
9-Jul-13
5770.0 5824.6 10-Jul-13
11350.0 11426.7
9-Jul-13
11400.0 11368.0
8-Jul-13
11400.0 11266.0
8-Jul-13
% G/L Comments
-0.4 Hold
0.4 Premature Profit Booked
0.4 Premature Profit Booked
0.4 Premature Profit Booked
0.5 Premature Profit Booked
0.8 Premature Profit Booked
0.4 Premature Profit Booked
Time Horizon
2-3 days
2-3 days
2-3 days
1-5 days
2-3 days
2-3 days
2-3 days
Abs.
Avg. Gain/L
Entry
oss
11395.0 -40.0
11501.0
48.0
11436.0
51.0
5847.4
22.8
11480.0
53.3
11280.5
87.5
11226.7
39.4
Time
Horizon
7 days
2-3 days
5 days
2 days
3-5 days
3-5 days
3-5 days
3-5 days
1-5 days
3 days
3-5 days
3-5 days
3-5 days
5 days
3 days
3 days
3-5 days
2 days
3 days
1-5 days
Avg.
Abs.
Entry Gain/Loss
23.1
-2.6
1.0
-0.2
4.1
-0.5
44.7
-9.7
8.3
0.1
4.0
1.0
8.4
2.5
13.0
5.0
3.1
-1.0
10.5
-3.5
20.3
0.5
15.5
4.9
51.0
-10.0
2.2
1.1
6.9
-3.7
12.1
2.5
17.8
-5.8
9.1
-4.1
3.2
-0.2
28.5
-7.7
Update of Stock and Nifty Options Calls:
Date
10-Jul-13
10-Jul-13
9-Jul-13
9-Jul-13
8-Jul-13
5-Jul-13
5-Jul-13
5-Jul-13
5-Jul-13
4-Jul-13
4-Jul-13
4-Jul-13
4-Jul-13
4-Jul-13
3-Jul-13
3-Jul-13
3-Jul-13
2-Jul-13
2-Jul-13
2-Jul-13
B/S Positional Call
B ICICI Bank 1060 Call Option
B JP Associates 60 Call Option
B IDFC 130 Call Option
B SBI 1950 Call Option
B Tata Motors 280 Put Option
B IB Real Estate July 65 Put Option
B DLF July 180 Put Option
B HUL July 610 Put Option
B JP Associates July 55 Call option
B Titan 225 Put Option
B Yes Bank July 470 Call Option
B Canara Bank July 350 Call Option
B SBI July 1850 Put Option
B Dena Bank 64 Put Option
B Karnataka Bank 110 Put Option
B Titan 225 Put Option
B Reliance Ind July 840 Put Option
B RCOM 130 Put Option
B Apollo Tyres 62.5 Call Option
B ICICI Bank July 1100 Call Option
Entry at
Sloss Targets
23.1 17.0
50.0
1.0 0.5
2.5
4.1 2.0
8.0
44.7 35.0
70.0
8.3 5.0
16.0
4.0 2.5
8.0
8.4 5.3
15.0
13.0 8.5
25.0
3.1 2.1
5.5
10.5 7.0
20.0
20.25 12.5
40.0
15.5 10.0
30.0
50.95 35.0
85.0
2.2 1.0
5.0
6.9-4 2.0
12.0
12.35-8 7.0
20.0
18.6-13.5 12.0
35.0
9.2-7 5.0
17.0
3.25-2 1.0
6.0
26-29.7 20.8
50.0
Exit
Price /
CMP Exit Date
20.5
0.8
3.7
35.0 10-Jul-13
8.5
5.0
8-Jul-13
10.9
5-Jul-13
18.0
5-Jul-13
2.1
8-Jul-13
7.0
8-Jul-13
20.8
5-Jul-13
20.4
4-Jul-13
41.0
4-Jul-13
3.3
4-Jul-13
3.2
9-Jul-13
14.6
3-Jul-13
12.0
5-Jul-13
5.0
8-Jul-13
3.0
20.8
5-Jul-13
% G/L Comments
-11.3 Hold
-15.8 Hold
-11.0 Hold
-21.7 Stop Loss Triggered
1.8 Hold
23.8 Premature Profit Booked
29.9 Premature Profit Booked
38.5 Premature Profit Booked
-32.3 Stop Loss Triggered
-33.3 Stop Loss Triggered
2.5 Premature Exit
31.6 Premature Profit Booked
-19.5 Premature Exit
50.0 Premature Profit Booked
-53.6 Premature Exit
20.7 Premature Profit Booked
-32.6 Stop Loss Triggered
-45.1 Stop Loss Triggered
-4.8 Hold
-27.0 Stop Loss Triggered
Update of Intra Day / BTST / STBT/Futures Calls:
Date
10-Jul-13
9-Jul-13
8-Jul-13
4-Jul-13
B/S
B
B
B
B
Trading Call
Lupin
Oriental Bank
United Phosphorous
TCS
Entry at Sloss
854.0
836.0
204.4
197.0
137.2
134.9
1534
1505.0
Targets
890.0
220.0
142.0
1595.0
Exit
Price /
CMP Exit Date
860.9
204.9 10-Jul-13
137.5
9-Jul-13
1558.0
5-Jul-13
% G/L Comments
0.8 Hold
0.2 Premature Exit
0.2 Premature Profit Booked
1.6 Premature Profit Booked
Time Horizon
1 day
1-5 days
1 day
1 day
Abs.
Avg. Gain/L
Entry
oss
854.0
6.9
204.4
0.4
137.2
0.3
1534.0
24.0
Update of Trading/BTST/Futures Calls:
Date
10-Jul-13
10-Jul-13
10-Jul-13
9-Jul-13
9-Jul-13
9-Jul-13
9-Jul-13
9-Jul-13
9-Jul-13
9-Jul-13
8-Jul-13
8-Jul-13
5-Jul-13
5-Jul-13
4-Jul-13
4-Jul-13
4-Jul-13
4-Jul-13
3-Jul-13
2-Jul-13
B/S Positional Call
B Bajaj Financial Services
B Sonata Software
B Jai Corp
B IDBI
B Reliance Infra Fut
B Titan Industries
B SKS Micro Finance
S Adani Ent Fut
B Tilaknagar Industries
B Anantraj Industries
B PFC
B Dishman Pharma
B SBI
B Uttam Steel
B DLF
B Autoline Industries
S Raymond Fut
B Polaris
S Petronet Fut
B TTK Healtcare
Retail Research
Entry at Sloss Targets
646.0
625.0
690.0
30.7
28.9
34.0
48.1
46.0
52.0
72.8
70.0
79.0
379.9
365.0
410.0
238.1
234.5
245.0
109.85
105.8
118.0
205.15
210.1
196.0
51.25
48.8
54.5
51.75
50.0
56.0
137.45
134.0
142.0
57.55
54.0
61.0
1916.8 1870.0 2015.0
59.7
57.3
65.0
180.25
176.5
189.0
73-77
72.0
86.0
237.5
248.0
215.0
116.75
110.0
126.0
122-125
128.0
110.0
510-520
500.0
570.0
Exit
Price /
CMP Exit Date
662.0 10-Jul-13
29.0 10-Jul-13
47.3
72.9 10-Jul-13
374.2
244.5 10-Jul-13
106.5
200.3
9-Jul-13
53.4 10-Jul-13
54.4
9-Jul-13
141.0
9-Jul-13
60.8 10-Jul-13
1870.0
8-Jul-13
57.3
8-Jul-13
176.5
4-Jul-13
79.4
4-Jul-13
234.5
8-Jul-13
110.9
8-Jul-13
127.0
5-Jul-13
524.1
9-Jul-13
%
G/L Comments
2.5 Premature Profit Booked
-5.5 Premature Exit
-1.8 Hold
0.1 Premature Exit
-1.5 Hold
2.7 Premature Profit Booked
-3.0 Hold
2.4 Premature Profit Booked
4.2 Premature Profit Booked
5.1 Premature Profit Booked
2.5 Premature Profit Booked
5.6 Premature Profit Booked
-2.4 Stop Loss Triggered
-4.1 Stop Loss Triggered
-2.1 Stop Loss Triggered
3.3 Premature Profit Booked
1.3 Premature Profit Booked
-5.0 Premature Exit
-3.7 Premature Exit
1.2 Premature Profit Booked
Time
Avg.
Abs.
Horizon
Entry Gain/Loss
3-5 days 646.0
16.0
3-5 days
30.7
-1.7
2-3 days
48.1
-0.9
3-5 days
72.8
0.1
1-5 days 379.9
-5.7
2-3 days 238.1
6.3
3-5 days 109.9
-3.3
2-3 days 205.2
4.8
2-3 days
51.3
2.2
3-5 days
51.8
2.7
2-3 days 137.5
3.5
2-3 days
57.6
3.3
1-5 days 1916.8
-46.8
3-5 days
59.7
-2.5
2-3 days 180.3
-3.8
2-3 days
76.9
2.5
1-5 days 237.5
3.0
2-3 days 116.8
-5.8
1-5 days 122.3
-4.8
1-5 days 517.7
6.4
3
Daily
Leverage
July 11, 2013
Nifty Spot with Nifty Near Month Fut and Nifty Fut OI
1,00,000 Units
Nifty Spot (L.H.S)
Futures OI (R.H.S)
Futures Near (R.H.S)
Market Wrap & Outlook
Markets traded in a narrow range before finally succumbing to selling pressure in the afternoon session. There was a build up of short
positions as Nifty Fut OI increased by 3,977 contracts and the Nifty July Fut premium narrowed to 5.35pts. FIIs were unwinding their longs as
they were net sellers to the tune of 173crs. in the index fut segment and their OI declined. Nifty IV increased to 20.29% while Nifty OI PCR
gave weak signals as it slid to 1.23. In the index option segment, maximum OI continues to be seen in the 6000 calls and 5600 puts indicating
this remains the expected trading range. Unwinding was seen in the 5800 calls and 5500-5400 puts. Technically, the Nifty could remain stuck
within the 5760-5900 levels for the near term.
Nifty Synopsis
Nifty Index
10-Jul-13
Nifty
Near Basis
C-o-C
Fut(OI)*
Fut(Vol)*
Fut(Vol)**
OI/Vol
* - contracts
5,816.70
5.35
2.24
349,988
212,133
6,206.65
1.65
** - Crores
Nifty Sentiment Indicators
PCR OI
1.23
PCR Vol
1.12
IV Call
18.74
IV Put
21.84
21.21
Hist.Vot
9-Jul-13
8-Jul-13
5,859.00
9.35
3.64
346,011
186,593
5,470.66
1.85
5,811.55
17.70
6.54
331,997
270,759
7,862.64
1.23
1.31
1.10
18.11
21.48
20.75
1.32
1.00
18.26
21.41
20.65
3-Jul-13
5,770.90
-3.05
-0.88
324,779
266,826
7,712.04
1.22
1.19
1.00
17.14
19.46
26.15
12-Jun-13
Last Expiry
Chg
(T -(T-1))
5,760.20
11.70
4.94
325,031
291,420
8,422.19
1.12
5,682.35
1.55
1.08
255,858
664,725
18,830.60
0.38
-42.30
-4.00
-1.65
3,977
25,540
735.99
-0.20
-0.72
-42.79
-42.36
1.15
13.69
13.45
-11.03
-0.08
0.03
0.63
0.35
0.46
-6.23
2.47
3.49
1.65
2.21
0.96
0.91
18.86
19.10
12.61
1.24
1.11
16.65
19.48
22.28
Chg
(T -(T-1)) %
Index Snapshots
10-Jul-13
10-Jul-13
OI (Cont)
Index
Auto
Oil & Gas
OI (Cont)
10-Jul-13
Vol (Crs.)
9-Jul-13
10-Jul-13
Vol (Crs.)
OI (Crs)
9-Jul-13
OI (Crs.)
Vol (Cont)
887.00
0.00
0.00
6.00
160.00
0.00
0.00
24.00
1,385.00
0.00
0.00
71.00
957.00
0.00
0.00
71.00
36.49
0.00
0.00
0.19
6.58
0.00
0.00
0.78
57.02
0.00
0.00
2.30
39.37
0.00
0.00
2.31
0.00
78,570.00
123.00
1.00
63,151.00
81.00
1,003.00
55,991.00
279.00
1,003.00
54,301.00
266.00
0.00
2,256.14
4.11
0.03
1,808.75
2.70
28.96
1,594.43
9.33
28.96
1,559.05
8.84
Sectoral Build up
Sector
9-Jul-13
Vol (Cont)
S&P500
CNXINFRA
CNXPSE
FTSE100
NFTYMCAP50
BANKNIFTY
CNXIT
9-Jul-13
Price
Price
Volume Volume
%Chg
%Chg
1,646.75 0.08
887 454.38
901.90 -2.54
6,906
30.77
297.65 -2.02
4,601
52.10
Retail Research
OI
1,385
10,310
9,286
Sectoral Unwinds
OI
Price
Price %Chg
%Chg Sector
44.72 Retail
886.60 -0.90
377.55 -1.31
15.20 Banking &
Finance
Power
375.40 -1.51
8.41
Utilities
Volume
%Chg
2,709
21.64
17,027 -13.25
10,335
-2.15
Volume
OI
OI %Chg
1,667 -12.31
8,348 -9.26
5,368 -8.10
Institutional Flows (Rs.Crs.) as On
10-07-2013
Institutional flows
Stock Opt
Cash
Mutual Fund
Cash
-172.88
236.09
-651.30
-128.82
0.00
0.00
339.28
10,609.76
10,616.30
-371.32
27,226.77
27,401.69
659.68
48,623.21
47,782.84
-63.19
2,054.18
1,803.40
167.20
0.00
-6.54
-174.92
840.37
250.78
Net Buy (10 - Jul)
Net Buy (9 - Jul)
OI (10 - Jul)
OI (9 - Jul)
FII
Index Opt
Stock Fut
Index Fut
Chg in OI
Vol and OI Analysis
10-Jul-13
Vol Breakup
Index Fut
Stock Fut
Index Opt
Stock Opt
Total
8,503.58
13,755.40
76,791.00
9,781.10
108,831.08
OI Breakup
(In cr.)
10-Jul-13
Index Fut
Stock Fut
Index Opt
Stock Opt
Total
11,885.12
28,458.21
58,862.90
11,413.11
110,619.34
9-Jul-13
8-Jul-13
3-Jul-13
7,289.49
9,906.39
9,712.27
12,834.42 13,765.30 15,083.53
60,952.33 84,662.22 77,943.17
7,969.87
9,070.25
8,216.64
89,046.11 117,404.16 110,955.61
9-Jul-13
8-Jul-13
11,795.72 11,258.09
28,701.11 28,109.36
57,999.94 56,563.13
9,396.04
10,248.68
108,745.44 105,326.61
TITAN
TECHM
TATAGLOBAL
HCLTECH
Price
% Chg
4.60
3.51
2.76
2.05
OPTOCIRCUI
JPPOWER
IGL
ASHOKLEY
10,943.43
26,629.57
49,524.17
7,172.90
94,270.07
10,999.13
29,635.20
68,104.89
10,239.90
118,979.12
8,626.25
24,002.19
35,892.67
3,156.25
71,677.36
Chg
(T -(T-1))
Chg
(T -(T-1)) %
1,214.09
920.98
15,838.67
1,811.23
19,784.97
16.66
7.18
25.99
22.73
72.54
Chg
(T-(T-1))
89.40
-242.90
862.96
1,164.44
1,873.90
Chg
(T-(T-1)) %
0.76
-0.85
1.49
11.36
12.76
Stocks With Negative Bias
OI
% Chg
2.31
1.73
2.63
7.49
Vol
% Chg
38.07
97.43
45.96
15.12
DelVol
% Chg
29.50
260.22
28.52
64.92
Scrip
HINDPETRO
TATAMTRDVR
BPCL
NHPC
Price
% Chg
-3.50
-3.26
-3.05
-2.65
OI
% Chg
7.00
5.54
4.52
0.99
Vol
% Chg
63.30
160.38
13.74
147.83
DelVol
% Chg
97.83
64.31
8.25
8.06
Lowest C-O-C
Cash
Futures
C-O-C%
22.80
16.65
279.90
18.40
22.95
16.75
281.55
18.50
16.01
14.61
14.34
13.22
Most Active Nifty Options (Contracts)
Retail Research
23,236.50
34,736.11
237,079.33
10,760.35
305,812.28
12-Jun-13 Last Expiry
Highest C-O-C
Scrip
11,369.47
14,908.29
112,123.39
7,712.90
146,114.06
Last Expiry
3-Jul-13
Stocks With Positive Bias
Scrip
12-Jun-1
3
Scrip
Cash
ANDHRABANK
JSWENERGY
TATASTEEL
MCLEODRUSS
85.90
45.05
256.20
280.20
Futures
80.95
43.25
248.80
273.45
C-O-C%
-140.22
-97.23
-70.28
-58.62
Most Active Stock Options (Contracts)
Call Options
Scrip
UNITECH
RCOM
IFCI
Put Options
Strike
Vol
OI
Chg In OI
23
150
30
954
2,370
1,261
1,113
935
909
31
74
1
Scrip
JPASSOCIAT
RCOM
UNITECH
Strike
Vol
OI
Chg In OI
50
598
1,037
87
130
1,151
703
13
20
202
486
2
Nifty Spot with IV and HV
Nifty Spot (L.H.S)
Nifty IV (R.H.S)
Most Active Near Month Futures
Scrip
JPASSOCIAT
UNITECH
IFCI
GMRINFRA
RENUKA
Derivatives Research
Nifty HV (R.H.S)
Above Average Deliveries
OI
Chg In OI(%)
13,703
9,044
6,766
6,171
4,473
-1.45
0.40
-2.80
0.02
-1.00
Scrip
HDFC
BHARATFORG
EXIDEIND
HINDUNILVR
POWERGRID
Price
% Chg
%Del
5DMA
827.50
216.75
121.90
594.95
108.15
-0.31
-0.09
-0.57
-1.65
-1.55
84.12
83.83
81.68
78.50
77.12
75.89
52.38
63.82
63.38
73.63
Email:
Primer of terms used:Open Interest (OI) - The total number of futures and/or options contracts that are open, undelivered or unsettled on a
particular day. Basis - The difference between the futures price and the spot price of the underlying expressed in terms of basis points i.e.
bps.Put Call Ratio (PCR) -.The ratio of the trading volume or OI of put optionsto call options. A high volume of puts compared to calls indicates
a bearish sentiment in the market and vise-versa.Cost of Carry (CoC) - It explains the relationship between the futures price and the spot
price. It can be defined as interest + storage cost - income earned.It is calculated as an annualised percentage. Implied Volatility (IV) Implied volatility (IV) measures the market's expected best guess of future volatility of the underlying. It is calculated using the market
price of an option, along with other inputs used in price models, and then solving for volatility.Historical Volatility (HV) - The realized volatility
of the underlying over a given time period. It can be calculated simply by taking the past prices and price changes (from close to
close), then taking an average of those price changes in percentage terms over a period of time, and subtracting the daily percentage
price changes from this average change to derive deviations from the daily average change for a period. Moving Average - The average
price of a security over a specified time period (the most common being 5,13, 34, 89 and 200 days), used in order to spot pricing trends by
flattening out large fluctuations."
HDFC Securities Limited, I Think Techno Campus, Building -B, ”Alpha”, Office Floor 8, Near Kanjurmarg Station, Opp. Crompton Greaves,
Kanjurmarg (East),Mumbai 400 042.
Disclaimer: This document has been prepared by HDFC Securities Limited and is meant for sole use by the recipient and not for
circulation. This document is not to be reported or copied or made available to others.It should not be considered to be taken as an
offer to sell or a solicitation to buy any security. The information contained herein is from sources believed reliable.We do not represent
that it is accurate or complete and it should not be relied upon as such. We may have from time to time positions or options on, and buy
and sell securities referred to herein. We may from time to time solicit from, or perform investment banking, or other services for, any
company mentioned in this document. This report is intended for Retail Clients only and not for any other category of clients, including,
but not limited to, Institutional Clients.
Retail Research