MAGNUM EQUITY BROKING LTD MEMBER BSE LTD SEBI REGN. NO.: INB & INF 011123552 & MEMBER NSE LTD SEBI REGN. NO.: INB & INF 230652939 EXCLUSIVE E-MAIL ID FOR INVESTOR GRIEVANCES: [email protected] 27-10-2014 Market likely to continue its upward move today The BSE Sensex and the Nifty rose in a special "muhurat" trading session for Diwali on Thursday, led by gains in Suzlon Energy Ltd. while hopes for continued foreign fund inflows into the country also boosted sentiment. The Sensex closed 0.24 percent higher at 26,851.05 points, while the Nifty rose 0.23 percent to close at 8,014.55 points. However Wipro Ltd. led the losers with a 3.6 percent drop after its quarterly earnings lagged estimates. Sentiment for stocks remains supported by hopes for more economic reforms after the government earlier last week lifted price controls on diesel and set the stage for liberalisation of the coal industry. Investors remain hopeful for further steps after Prime Minister Narendra Modi's party won two state elections earlier this month. Foreign institutional investors have bought shares worth $13.3 billion so far in 2014. Other Asian shares had sagged on Thursday after a retreat on Wall Street and falling crude oil prices rekindled investor anxiety over slowing global growth, while a mixed picture on Chinese manufacturing failed to impress markets. U.S. stocks climbed on Friday, with Wall Street derailing a four-week slide with its best week this year, as quarterly results from companies including Microsoft and Procter & Gamble inspired investor enthusiasm. Asian shares were mixed on Monday following results from the European Central Bank's stress tests and gains on Wall Street last week. Global cues are mixed today, with them SGX Nifty is showing just 32 points up move in morning trade indicating that Indian market may open positive today and Nifty is expected to trade between 8100 and 7940 with some positive bias. Nifty: 8014.55 Resistance: 8085, 8150 Support: 7910, 7860 200DMA: 7136 The Technical Three Closing Statistics Home Indices Index Close Points change Prev. close % Change S&P Nifty 8,014.55 7,995.90 18.65 0.23 SENSEX MIDCAP SMLCAP 26,851.05 9,673.03 26,787.23 9,575.83 63.82 97.20 0.24 1.02 10,662.65 10,504.15 158.50 1.51 Sector Indices Index Close PSU Points change Prev. close % Change 8,086.55 8,056.59 29.96 0.37 AUTO BANKEX CD CG FMCG HC IT 18,025.56 18,857.52 18,020.89 18,822.74 4.67 34.78 0.03 0.18 9,659.41 15,139.90 7,420.21 13,921.69 10,156.75 9,615.74 15,056.50 7,385.46 13,842.83 10,142.88 43.67 83.40 34.75 78.86 13.87 0.45 0.55 0.47 0.57 0.14 METAL OIL&GAS POWER 11,306.88 10,798.05 2,082.81 11,272.75 10,724.58 2,080.62 34.13 73.47 2.19 0.30 0.69 0.11 REALTY TECK 1,488.69 5,716.94 1,486.08 5,707.44 2.61 9.50 0.18 0.17 S&P NIFTY 23/10/2014 8025 These are specially selected stock for traders. Short term trading calls are meant for cash or futures trading, having a holding period of 5-6 days. Short Term Trading ESCORTS:166.35 8020 Entry (Above): 169 Target: 183.90 Stop Loss: 161.70 Holding Period: 5 to 6 days Entry (Above): 45.95 First Target Stop Loss: 45.35 Second Target 47.25 Entry (Below): Stop Loss: 554 561.75 First Target 546.20 Second Target 538.10 8015 Intra Day trading ASHOKLEY: 45.75 WIPRO: 560.25 46.60 8010 6.3 6.45 7 7.15 1 World Market at a glance Index Last Rate SGX Nifty 8,052.50 Prev. Close 8,020 Points %Change 32.50 0.41 Updated On 8.00a.m World Indices Asia Index Last Rate Prev. Close Points %Change Nikkei 225 15,348.93 15,291.64 57.29 0.37 Hang Seng 23,086.81 23,302.20 -215.39 -0.92 StraitsTimes 3,222.40 3,222.55 -0.15 -0.00 Updated On 8.00a.m USA Index Last Rate Dow Jones NASDAQ S&P 500 NYSE Comp Prev. Close Points %Change 16,805.41 16,677.90 127.51 0.76 4,483.72 4,452.80 30.92 0.69 1,964.58 1,950.82 13.76 0.71 10,582.62 10,519.28 63.34 0.60 Europe Index Last Rate Prev. Close Points %Change FTSE 100 6,388.73 6,419.15 -30.42 -0.47 DAX 8,987.80 9,047.31 -59.51 -0.66 CAC 40 4,128.90 4,157.68 -28.78 -0.69 Bel 20 3,077.81 3,071.41 6.40 0.21 China’s economic growth will slow to 7.2 percent in the current quarter, down from the previous three months, as domestic demand weakens. Indonesian President Joko Widodo turned to an economist with a mission to make manufacturing the key growth driver for the nation as the next finance chief. Vietnam plans to set up a working group to help spur share sales of state enterprises as the government takes steps to bolster a flagging privatization program and drive economic growth. Italian banks showed the largest combined capital shortfall in the European Central Bank’s review of the region’s lenders as the country struggles to emerge from its third recession in six years. Pro-European parties are set to control Ukraine’s parliament and form a coalition government after trouncing the Russian-leaning political forces popular in the nation’s war-torn east. The European Union’s toughest-ever stress test was meant to leave banks with nowhere to hide. The results show how the bloc’s capital rules got in the way. A total of 24 lenders failed the European Banking Authority’s stress test with a capital shortfall of 24.6 billion euros ($31.2 billion). The euro rose versus most of its major peers after the results of European Central Bank stress tests eased concern about the capitalization of the region’s lenders. Brazil’s real led global currency gains after a poll showed candidate Aecio Neves ahead of President Dilma Rousseff, reviving speculation that a new government will restore economic growth. Treasuries fell, extending a decline from last week, amid expectations the Federal Reserve will determine the economy is strong enough for it to end its bond-buying program at a two-day policy meeting starting tomorrow. China’s yuan advanced to a seven-month high on speculation the central bank wants a stronger currency to spur domestic demand. The People’s Bank of China raised its reference rate by 0.03 percent to 6.1446 per dollar, the first increase in four days. Economic growth will slow to 7.2 percent this quarter, from 7.3 percent in the previous three months. International Event Today Germany DE:Ifo Survey 5:00 AM ET Rupee v/s USD Great Britain GB:CBI Distributive Trades 7:00 AM ET 61.74 61.62 USA US:PMI Services Flash 9:45 AM ET 61.48 USA US:Pending Home Sales Index 10:00 AM ET 61.44 61.29 61.30 61.24 61.14 16-Oct 17-Oct 20-Oct 21-Oct 22-Oct USA US:Dallas Fed Mfg Survey 10:30 AM ET Japan JP:Retail Sales 7:50 PM ET 2 Private sector banks, which have shied away from tagging Kingfisher Airlines chairman Vijay Mallya a 'wilful defaulter' as some key public sector lenders have done, say that they are exploring "all options" to recover their loans. Corporate contributions towards Narendra Modi-led Government’s two key initiatives of Swachh Bharat and Clean Ganga will now be counted as CSR spend. The Corporate Affairs Ministry has amended Schedule VII of Companies Act to specify that contributions to ‘Swachh Bharat Kosh’ and ‘Clean Ganga Fund’ would be eligible CSR spend. Jet Airways' foreign equity partner, UAE-based Etihad, has dropped its plan to lease three Boeing 777 aircraft from the airline, putting the domestic carrier in a difficult situation. These aircraft, B 777-300 ERs, were with the Turkish Airlines and have recently come back to Jet Airways after completing the lease period. Tata Motors Ltd, the passenger and commercial vehicle manufacturer of the $103 billion Tata Group, has raised a total of $750 million by selling bonds to investors in Asia and Europe in a transaction which closed on Friday. Country's largest lender State Bank of India has set an ambitious target of disbursing Rs 250 crore of home loans every day during the ongoing festive season, which currently stands close to Rs 200 crore. After it waived off the processing fee late September as part of its festive offering, the bank is disbursing close to Rs 200 crore home loans every day. The country's largest supply chain company Future Supply Chains is buying food logistics startup Brattle Foods in a cash, stock and debt deal aimed at strengthening back-end processes for its nearly Rs 1,000-crore food business Oil and Natural Gas Corporation (ONGC) has ramped up output from its biggest fields in Mumbai offshore by 8% in the past seven months, the first growth in many years, and plans to quickly develop discovered fields, including some in deep-sea regions. The risk of India's biggest property developer reneging on its debt in the year has surged to a 2009 high after it was barred from capital markets by the regulator. Tightening the noose around erring foreign-funded NGOs, the government has ordered that all voluntary organisations henceforth will have to make payments exceeding Rs 20,000 through account payee cheques or drafts. Market Breath Advances Declines Unchanged 2031 518 76 BSE India Turnover on NSE Cash 2600.27 F&O 32400.76 Total Turnover on NSE (Rs.crore) 305001 285001 265001 245001 225001 205001 185001 165001 145001 125001 105001 85001 65001 45001 25001 17-Oct 20-Oct 21-Oct 22-Oct 23-Oct Events Today 27-Oct-14 Board Meetings Hindustan Unilever Ltd Linde India Ltd Lakshmi Machine Works Ltd Kajaria Ceramics Ltd State Bank of Mysore Jaiprakash Associates Ltd Astral Poly Technik Ltd Indiabulls Housing Finance Ltd Bharti Infratel Ltd FII trading activity on NSE and BSE (In Rs. Crores) Category Date Buy Value Sell Value FII 23-Oct-14 46.29 58.67 Net Value -12.38 DII trading activity on NSE and BSE (In Rs. Crores) Category Date Buy Value Sell Value DII 23-Oct-14 32.65 21.77 Net Value 10.88 Results Hindustan Unilever Ltd Linde India Ltd Lakshmi Machine Works Ltd Kajaria Ceramics Ltd State Bank of Mysore Astral Poly Technik Ltd Indiabulls Housing Finance Ltd Current Issue IFCI Limited - Debt 20-Oct-2014 -21-Nov-2014 3 Momentum Stock Rupee v/s World Currency The dominating lot gives you upto10 stocks which are technically looking tradable and may have good momentum for the day. Clients can use this lot for trading in market. • • • Date 17-Oct 20-Oct 21-Oct 22-Oct SINTEX INDIANB DIVISLAB USD 61.617 61.287 61.297 61.236 Last Rate Index Best Bull’s of the street Close Previous close Points change % Change VISESHINFO 0.25 0.20 0.05 25.00 SOUISPAT SEPOWER 0.30 6.30 0.25 5.30 0.05 1.00 20.00 18.87 VKSPL 0.35 0.30 0.05 16.67 Previous close Points change % Change Close TFL FMNL SHARIABEES RELCONS 6.35 7.00 -0.65 -9.29 11.00 165.00 11.90 181.75 -0.90 -16.75 -7.56 -9.22 30.25 30.12 0.13 0.43 YEN 58.020 57.140 57.630 57.270 Prev. Close Points %Change Crude (Us$/b) 80.94 81.01 -0.07 -0.09 1231.40 1231.8 -0.40 -0.03 17.20 17.177 0.023 0.13 LME Copper(US$/mt) 6,690.00 6694.00 -4.00 -0.06 LMEAluminium(US$/mt) 1,968.00 1988.0 -20.00 -1.01 LME Zinc (US$/mt) 2,257.00 2257 0.00 0.00 Commodities Update Brent fell for a second day as Goldman Sachs Group Inc. cut its firstquarter crude price forecasts, predicting supply growth from nonOPEC producers will outpace demand. Best Bear’s of the street Index EURO 78.894 78.154 78.589 77.965 Gold (US$/oz) Silver (US$/oz) Index GBP 99.116 98.624 99.160 98.669 Gold held losses from a six-week high as investors expected the Federal Reserve to end its bond- buying program this week and most European banks passed a test of their ability to weather a crisis, paring haven demand. Corn futures fell from a seven-week high and soybeans dropped on speculation that favorable weather will boost harvests forecast to be the biggest ever in the U.S., the world’s top producer of the crops. Wheat declined. Top Traded Future Scrip Close Previous Close Points Change % Change Expiry Date Open Interest Contract traded Contract Value 8015 8023.85 16470 16483.65 952.5 955.2 559.5 559.55 8013.8 16479.5 949.65 583.7 10.05 4.15 5.55 -24.15 0.13 0.03 0.58 -4.14 30-Oct-14 30-Oct-14 30-Oct-14 30-Oct-14 16959450 1901175 32255750 6468000 31565 10402 6853 4743 126608.94 42873.39 16357.43 13250.39 Underlying NIFTY BANKNIFTY RELIANCE WIPRO Top Traded Call Scrip Strike price Close Previous Close Points Change % Change Expiry Date Open Interest Contract traded Contract Value 8000 8100 8200 8050 55.8 14.2 2.7 28.65 51.1 13.65 3 27.5 4.7 0.55 -0.3 1.15 9.20 4.03 -10.00 4.18 30-Oct-14 30-Oct-14 30-Oct-14 30-Oct-14 4278200 6378950 6146050 1295350 85697 52033 26139 23837 345112.25 211090.95 107205.63 96275.29 Strike price Close Previous Close Points Change % Change Expiry Date Open Interest Contract traded Contract Value 8000 7900 7800 7950 34.75 12.3 4.8 20.00 39.55 14.35 5.4 22.95 -4.8 -2.05 -0.6 -2.95 -12.14 -14.29 -11.11 -12.85 30-Oct-14 30-Oct-14 30-Oct-14 30-Oct-14 4978150 5989550 4800100 1003200 69212 62586 33478 18473 278069 247601.5 130643.23 73616.38 NIFTY NIFTY NIFTY NIFTY Top Traded Put Scrip NIFTY NIFTY NIFTY NIFTY Disclaimer The information and views presented in this report are prepared by Magnum Equity Broking. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Magnum Equity Broking nor any person connected with any associate companies of Magnum Equity Broking accepts any liability arising from the use of this information and views mentioned in this document. 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