Download Report

12 January 2015
S&P BSE Sensex
S&P BSE Sensex: Daily
S&P BSE-100
30000
28000
26000
24000
22000
20000
18000
39.56
183.67
.
27,458.38
.
2 S&P BSE-200
83,71.22
Nifty
34,31.17
Sensex P/ E : 18.95
Forward Premia on USD/INR
12/01/2015
7.89
3 Months
7.60
6 Months
7.06
1 Year
LIBOR (USD)
09/01/2015
7.97
7.60
7.01
12/01/2015
0.25
0.36
0.63
09/01/2015
0.25
0.36
0.63
62.12
73.61
52.23
94.17
Euro
JPY
GBP
Indicators
Inflation Rate (CPI)
Interbank Call
91-day T-Bills
62.36
74.43
52.53
94.97
Trades
(lac)
30.91
08-Jan
3231
3232
28.59
07-Jan
3210
2752
28.16
06-Jan
3139
3124
30.18
05-Jan
2729
2956
27.01
India's steel consumption grew by just 1.4% YoY during the April-December period
of current fiscal at 55.24 million tonnes, impacted by economic slowdown. The country,
the fourth largest steel maker in the world, had consumed 54.507 MT of steel during
the corresponding period of the last fiscal, according to a report by Joint Plant
Committee (JPC).
According to Power Minister Piyush Goyal, the government is looking to start a
fresh process of inviting bids for ultra mega power projects (UMPPs) at four locations in
the country
in the next
three-six months.
17/08/2012
13/08/2012
10/08/2012
09/08/2012 08/08/2012
07/08/2012 06/08/2012
03/
Railways 7.30
have carried7.34
808.56 million
traffic during
7.10tonnes (MT)
7.09of freight7.05
7.14AprilDecember
2014, registering
over the freight
6.85
7.35 an increase
6.69of 5.4% YoY
6.66
6.54 carried during
6.71 the
corresponding
period
in
2013.
The
freight
carried
during
April-December
in
2013
6.12
6.82
5.98
5.94
5.88
6.01 was
768.74 MT.
Passenger car sales during the January-December 2014 period rose to 18,51,475
units as against 18,06,965 units in 2013, a growth of 2.46%. With the excise duty
concessions gone, industry body SIAM is expecting a marginal increase of around 1%
in this fiscal against an earlier expectation of 4%.
-0.24
Infosys reported net profit of Rs 3,250 crore for Q3FY15, up 4.9% from Rs 3,096 crore
in Q2FY15. On a YoY basis, Infosys' net profit was up 13%. Infosys revenue for the
quarter was at Rs 13,796 crore, a growth of 3.4% compared to Q2FY15 and 5.9% on a
YoY basis.
-0.82
-0.30
-0.80
BHEL has announced commissioning of 600 MW unit of a thermal power project in
Chhattisgarh. The unit was commissioned at Jindal Power's upcoming 4x600 MW
thermal power project at Tamnar in Raigarh district of Chhattisgarh.
Forex Rates (Direct quote in INR)
Current Previous
+/USD
Shares
(lac)
2954
(2Jan 14 –9Jan 15)
Source: BSE
Total
1328
1570
112
3010
09-Jan
Turnover
(Rs. cr)
3287
Date
8,284.50
Advance Decline Ratio
A
B Others
Advances
118 936 274
Declines
178 1137 255
Unchanged 4
76
32
Total
300 2149 561
3 Months
6 Months
1 Year
27,458.38
49.90
14.25
TURNOVER BSE
Bharat Petroleum Corporation (BPCL) and Videocon Industries Ltd along with their
4.38%
8.10 / 8.15%
8.40%
4.38%
Brazilian partner Petroleo Brasileiro SA (Petrobras) have found more light crude oil in
8.45 / 8.50%
the Sergipe Basin off Brazil's Northeast coast.
8.35 %
7.84%
49.29 (-1.88)
7.93%
Gold Std (Rs./10gm)
26,798 (37)
ABB has bagged a contract worth Rs 256 crore from the Ceylon Electricity Board
(CEB) to supply two 220 kV substations and upgrade an existing substation in Sri
59.38 Lanka.
(-1.86) The new substations will be constructed at Polpitiya in the Central Province and
26,790Padukka
(-164) near
-397
the capital, Colombo.
Silver (Rs/ Kg)
36,815 (-50)
36,535 (-200)
10-yr G-Sec
Brent Crude ($/ Bbl)
World Stock Markets
New York– Dow Jones
NASDAQ
London – FTSE
Hong Kong–Hang Seng
At 9.00 am- Today
Tokyo – Nikkei
At 9.00 am today
1
Tech Mahindra has signed a definitive agreement to acquire Geneva-based SOFGEN
Holdings (SOFGEN), a consulting and services company with presence in private,
wealth, commercial and retail banking solutions. The transaction is expected to close
by March 2015, subject to regulatory approvals.
Close
17,737 -171
4,704
-32
6,501
-69
23,920 84
24053 133
17,198 31
Shut
--


Equity Market Roundup: Sensex opened at 27,404. It made an intra-day high of
27,508 and a low of 27,120 before closing 184 points up at 27,458.
Debt Market Roundup: RBI infused Rs169.86 bn through the Repo window, while Rs
50.65 bn was absorbed under the reverse repo window.
Disclaimer: This communication is being sent by the Investment Advisory Group of HDFC Bank Ltd., registered under SEBI (Investment Advisors) Regulations,
2013
This note has been prepared exclusively for the benefit and internal use of the recipient and does not carry any right of reproduction or disclosure. Neither this
note nor any of its contents maybe used for any other purpose without the prior written consent of HDFC Bank Ltd, Investment Advisory Group. In preparing this
note, we have relied upon and assumed, without any independent verification, accuracy and completeness of all information available in public domain or from
sources considered reliable.
This note contains certain assumptions and views, which HDFC Bank Ltd, Investment Advisory Group considers reasonable at this point in time, and which are
subject to change. Computations adopted in this note are indicative and are based on current market prices and general market sentiment. No representation or
warranty is given by HDFC Bank Ltd, Investment Advisory Group as to the achievement or reasonableness or completeness of any idea and/or assumptions.
This note does not purport to contain all the information that the recipient may require. Recipients should not construe any of the contents herein as advice
relating to business, financial, legal, taxation, or other matters and they are advised to consult their own business, financial, legal, taxation and other experts /
advisors concerning the company regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this note
and should understand that statements regarding future prospects may not be realized. It may be noted that investments in equity and equity-related securities
involve a degree of risk and investors should not invest any funds unless they can afford to take the risk of losing their investment. Investors are advised to
undertake necessary due diligence before making an investment decision. For making an investment decision, investors must rely on their own examination of
the Company including the risks involved. Investors should note that income from investment in such securities, if any, may fluctuate and that each security’s
price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Neither HDFC Bank nor any of its employees shall be liable
for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained
in this material.
This note does not constitute an offer for sale, or an invitation to subscribe for, or purchase equity shares or other assets or securities of the company and the
information contained herein shall not form the basis of any contract. It is also not meant to be or to constitute any offer for any transaction.
HDFC Bank and its affiliates, officers, directors, key managerial persons and employees, including persons involved in the preparation or issuance of this
material may from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies) mentioned herein. HDFC Bank may at
any time solicit or provide commercial banking, credit, advisory or other services to the issuer of any security referred to herein. Accordingly, information may be
available to HDFC Bank, which is not reflected in this material, and HDFC Bank may have acted upon or used the information prior to, or immediately following
its publication.
Disclosures:
Research analyst or his/her relatives or HDFC Bank or its associates may have financial interest in the subject company in ordinary course of business.
Research analyst or his/her relatives does not have actual/ beneficial ownership of 1% or more securities of the subject company at the end of the month
immediately preceding the date of publication of research report: HDFC Bank or its associates may have actual/beneficial ownership of 1% or more securities of
the subject company at the end of the month immediately preceding the date of publication of research report. Subject company may have been client of HDFC
Bank or its associates during twelve months preceding the date of publication of the research report. HDFC Bank or its associates may have received
compensation from the subject company in the past twelve months. HDFC Bank or its associates may have managed or co-managed public offering of
securities for the subject company in the past twelve months. HDFC Bank or its associates may havereceived compensation for investment banking or merchant
banking or brokerage services from the subject company in the past twelve months. HDFC Bank or its associates may have received compensation for products
or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months. HDFC Bank or its
associates has not received compensation or other benefits from the subject company or third party in connection with the research report. Research analyst
has not served as an officer, director or employee of the subject company. Neither research analyst nor HDFC Bank has been engaged in market making
activity for the subject company. Three year price history of the daily closing price of the securities covered in this note is available at www.nseindia.com and
www.bseindia.com.
2