Morning Report
A. K. Stockmart Pvt. Ltd.
A.K. Stockmart Pvt. Ltd.
Market Snapshot & Bulk Deals
Highlights
Sector & Stock Performance
Sector & Corporate News
Economy, Money & Banking
Economy & International news
Overview
Technical & Derivatives update
Recommendations
Morning Raaga
Date: January 9, 2015
January 9, 2015
1
Morning Report
A. K. Stockmart Pvt. Ltd.
Global Indices
Closing
% Chg
% YTD
DOW JONES
NASDAQ
FTSE
CAC
DAX
BOVESPA
NIKKEI
HANGSENG
SHANGHAI
17907.9
4736.2
6570.0
4260.2
9837.6
49943.3
17255.3
24081.1
3275.0
1.8%
1.8%
2.3%
3.6%
3.4%
1.0%
0.5%
1.0%
-0.6%
0.5%
0.0%
0.1%
-0.3%
0.3%
-0.1%
-1.1%
2.0%
1.2%
Indian Indices
Closing
% Chg
% YTD
SENSEX
NIFTY
MSCI INDIA
CNX MIDCAP
BSE SMALL-CAP
INDEX
27274.7
8234.6
1006.2
12575.9
11185.9
1.4%
1.6%
1.4%
1.7%
1.8%
-0.8%
-0.6%
-1.0%
-0.1%
0.9%
FII
Index
Futures
Index
Options
Stock
Futures
Stock
Options
OI at
Buy (cr) Sell (cr) EOD (cr)
1310
1487
Corporate Highlight:

HUL's earnings set to double over FY15-17.

Kotak Bank shareholders approve merger of ING Vysya
Bank.
12633
13068
12654
56382
2651
2143
48428
1560
1563
2604
Economy Highlight:
FII trading activity ( Crores)
Buy
Sell
Net
Category
Value
Value
Value
FII
4685
5152
(466)
DII
2174
1885
288

International Highlight:

ADR Gainers
TATA MOTORS LTD-SPON
ADR
HDFC BANK LTD-ADR
WNS HOLDINGS LTD-ADR
ADR Losers
REDIFF.COM INDIA
LIMITED-ADR
INFOSYS LTD-SP ADR
WNS HOLDINGS LTD-ADR
Last
44.7
26.9
49.7
Last
2.0
32.1
20.2
% Chg
5.7%
4.8%
3.3%
Consumer durable firms hike prices by up to 5%.
Asia stocks gain after upbeat US jobs, euro near 9-year
low.
% Chg
0.5%
0.5%
1.0%
Bulk Deals
Company
NA
January 9, 2015
Client Name
Buy/Sell
Qty
Price
2
Morning Report
A. K. Stockmart Pvt. Ltd.
Sector & Corporate News
Sectoral indices
BANKEX
CG
PSU
CD
REALTY
METAL
POWER
IT
AUTO
TECK
FMCG
HC
OIL & GAS
Nifty Leaders
ASIAN PAINTS LTD
DLF LTD
KOTAK MAHINDRA BANK LTD
BPCL LTD
JINDAL STEEL & POWER LTD
Nifty Laggards
RELIANCE INDUSTRIES LTD
ZEE ENTERTAIMENT
January 9, 2015
Closing
21413.5
15525.4
8146.3
9628.9
1553.5
10521.4
2080.0
10387.4
18828.9
5758.6
7813.0
14434.0
9685.3
% Chg
2.1%
1.0%
1.5%
0.4%
2.6%
1.3%
1.6%
0.9%
1.6%
1.0%
1.9%
1.2%
0.6%
% MTD
-0.2%
0.5%
-1.0%
-0.5%
-0.1%
-2.2%
-0.6%
-1.9%
1.1%
-1.4%
0.6%
-1.8%
-2.1%
% YTD
-0.2%
0.5%
-1.0%
-0.5%
-0.1%
-2.2%
-0.6%
-1.9%
1.1%
-1.4%
0.6%
-1.8%
-2.1%
Price
820
142
1340
677
157
% Chg
6.3
6.05
5.44
5.06
5.02
% MTD
3.38
-11.09
7.6
-1.76
6.26
% YTD
9.05
3.89
6.07
4.89
3.98
Price
842
364
% Chg
-1.43
-0.10
% MTD
-10.86
-2.68
% YTD
-5.51
-4.27

HUL's earnings set to double over FY15-17: Hindustan Unilever
(HUL) is back on the radar of investors as its earnings outlook
appears to be better now, thanks to lower raw material
costs. The company has been battling weak volume growth
for the past several quarters as demand continued to
weaken. Since January, the stock has been up 8% while the
FMCG Index is flat. While some analysts believe the earnings
upgrade cycle is set to kick off, others like Credit Suisse have
already raised the company's earnings estimates on
expectations of revival in volumes and improved margin
outlook. On Monday, Credit Suisse upgraded the stock to
outperform with a new price target of Rs 915, based on 35
times its December 2016 earnings. The brokerage is taking a
stand against conventional wisdom that a sharp fall in input
costs leads to increased competition and lower price-led
growth.

Kotak Bank shareholders approve merger of ING Vysya
Bank: Shareholders of Kotak Mahindra Bank today gave their
approval to merge Bengaluru-based ING Vyaya Bank with
itself. At an extraordinary general meeting, shareholders of
the Mumbai-based private bank approved the merger
proposal. The exchange ratio has been fixed at 725 shares of
Kotak with 1, 000 shares of ING Vysya. The top management
of both banks had made the merger announcement on
November 20 last year. The deal will make Kotak the fourthlargest private bank in the country in terms of total business.
The biggest three are ICICI Bank, HDFC Bank and Axis Bank,
in that order. The combined banking entity will have a
widespread network of 1,214 branches across the country.
3
Morning Report
A. K. Stockmart Pvt. Ltd.
Economy Money & Banking
Forex Rate
USD~INR
EUR~INR
GBP~INR
Economy News:
Last
% Chg
% MTD
% YTD
62.6725
73.7654
94.2800
-0.8%
-1.4%
0.0%
-0.6%
-3.7%
-4.2%
-0.6%
-3.7%
-4.2%

Commodities Update
Commodities
Gold ($/Ounce)
Silver (US $/t oz)
Aluminium ($/t)
Copper ($/t)
Zinc ($/t)
Lead ($/t)
Nickel ($/t)
Crude Oil ($/Bl)
Baltic Dry Index
Dollar Index
Last
1211.3
16.4
1811.5
6175.8
2148.3
1837.3
15486.0
49.2
724.0
92.2
% Chg
0.4%
0.0%
2.8%
-0.1%
1.2%
0.1%
0.0%
0.8%
-2.7%
-0.1%
% MTD
1.0%
1.4%
-0.7%
-3.0%
-0.9%
-0.3%
2.7%
-7.7%
-7.4%
2.2%
Libor rates (US $)
LIBOR 1 Month
LIBOR 3 Month
LIBOR 6 Month
LIBOR 1 Year
January 9, 2015
0.17
0.25
0.36
0.63
-0.7%
0.4%
0.3%
-0.2%
% YTD
1.0%
1.4%
-0.7%
-3.0%
-0.9%
-0.3%
2.7%
-7.7%
-7.4%
2.2%
Consumer durable firms hike prices by up to 5%: Consumer
durable firms, including Haier, Whirlpool, Panasonic, Godrej
Appliances and Daikin, are increasing prices of their
products by up to 5% following the withdrawal of excise duty
sops, coupled with high input costs. "With excise duty
concessions ending, price hike was inevitable. We will also
increase our prices in the range of 3-5% depending on
models," Haier India President Eric Braganza told PTI. The
price hike is effective on new stocks, he said. Another major
player in the consumer durables segment, Godrej
Appliances is also mulling a similar step.
International News:

Asia stocks gain after upbeat US jobs, euro near 9-year low:
Asian stocks gained on Thursday after upbeat US
employment data tempered investor risk aversion that had
pummelled global equities this week, while the euro held
near a nine-year low. Hopes that the European Central Bank
will embark upon bolder stimulus after data showing the euro
zone had slipped into deflation also shored up risk assets, hit
this week by concerns over tumbling oil prices and global
economic weakness. MSCI's broadest index of Asia-Pacific
shares outside Japan rose 0.4%. South Korea's Kospi climbed
0.7%. Tokyo's Nikkei was up 0.9%, but in testimony to the
sharp decline suffered earlier on wide flight from risk, it was
still down 2.3% this week.
4
Morning Report
Nifty Daily Chart:
A. K. Stockmart Pvt. Ltd.
Market Outlook:CNX Nifty futures on the Singapore stock exchange indicates that the
Nifty could gain 61 points at the opening bell.
January 9, 2015
5
Morning Report
A. K. Stockmart Pvt. Ltd.
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January 9, 2015
6
Morning Report
A. K. Stockmart Pvt. Ltd.
A.K. Stockmart Pvt.Ltd.
January 9, 2015
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