Daily Wrap-up

10th March 2016

Research Desk Stock Broking

Index Watch
Index

Market end lower ahead of ECB meet

Levels

Change

24623.34

-170.62

-0.69

7486.15

-45.65

-0.61

15180.65

-98.40

-0.64

17.89

0.39

2.22

S&P BSE MidCap

S&P BSE
SmallCap

10262.09

-33.42

-0.32

10294.96

-19.08

-0.18

S&P BSE FMCG

7413.28

-62.43

-0.84

S&P BSE IT

10830.59

-146.21

-1.33

S&P BSE AUTO

17168.23

-15.34

-0.09

S&P BSE CG

12252.78

-211.39

-1.70

S&P BSE CD

11620.67

-15.50

-0.13

S&P BSE METAL

7532.07

27.27

0.36

S&P BSE O&G

S&P BSE
POWER
S&P BSE
REALTY

8702.96

-91.91

-1.05

1710.89

-8.04

-0.47

1183.00

-12.42

-1.04

S&P BSE
SENSEX
NIFTY
BANKNIFTY
INDIAVIX

Chg
(%)

*CD-Consumer
Durables || CG- Capital Goods.

Advance / Decline
Indices

Advances

Declines

NIFTY

18

32

NSE

589

800

Markets remained choppy throughout the day ahead of ECB meet and closed
lower by 45.65 points or 0.61% to shut
shop at 7486.15. During the day, rally
was seen in the upstream oil
companies as the jump in crude oil prices and the
Union Cabinet clearing
Hydrocarbon, Exploration & Licensing Policy. ONGC,
OIL India traded
higher on the bourses. The sectors which outperformed the
broader indices
include Financial Services, Metal, Pharma, Media and Auto and
the sectors
which underperformed include Energy, FMCG, Banks and Realty.
Cairn, Hindalco,
HDFC, Asian Paint and Maruti were the leaders on Nifty, while
Reliance,
BHEL, INFY, GAIL and Bank of Baroda remained laggards. The
advance and
decline ratio in the Nifty stood at 18:32.

At the time of writing this,

European markets are trading from flat to negative and
the Asian markets
gave a close at flat to positive.

Technically, the immediate support

is placed around 7434 levels and the next
support is placed around 7384
levels. On the higher side, the immediate
resistance is placed around 7534
and the next resistance is placed around
7584-7600 levels.

News Onboard
NSE Turnover (Rs Cr)

Equity

F&O

For the Day

17,858.62

2,00,409.52

Monthly Average

18,594.08

2,24,786.69

Nifty: Top Gainers

& Losers
Gainers (%)

Losers (%)

CAIRN

3.47

RELIANCE

-3.12

HINDALCO

2.96

BHEL

-3.07

Market on 10 Mar 16.htm[3/10/2016 11:10:08 PM]

BSNL in talks with Airtel for spectrum sharing deal:

BSNLis in preliminary
discussions with the country's top operatorBharti
Airtelforspectrum sharing in four circles and the deal is
likely to be finalised by
June. BSNL is looking at
sharing spectrum in Rajasthan, UP (West), Bihar and
Assam and has formed a
committee to look into the feasibility aspect.

BHEL commissions 500 MW Thermal

Unit in Uttar Pradesh:

Bharat Heavy Electricals (BHEL) has

achieved yet another landmark in the
power development programme of the
state of Uttar Pradesh by successfully
commissioning the second 500 MW
thermal unit at Anpara-D Thermal Power
Plant (TPP) in Sonbhadra district of
Uttar Pradesh.

HDFC

2.51

INFY

-3.04

ASIANPAINT

2.15

GAIL

-2.57

MARUTI

1.36

BANKBARODA

-2.48

DLF
set for commercial operations of its DLF Cybercity project,
Bhubaneswar:
DLF is all set with first phase of
its DLF Cybercity project for commercial
operations. The project, coming up
on a sprawling 54-acre campus on the
Bhubaneswars outskirts, is estimated
to cost Rs 1,000 crore.

Daily Wrap-up

Buzzing Stocks

Volume Shockers
Last 1
week
Avg
Volume

Symbol

Volume

HEIDELBERG

2977312

89360

3231.80

BURNPUR

3814120

144753

2534.90

GNFC

1371810

122691

1018.10

KOKUYOCMLN

424851

41105

933.60

DEEPAKFERT

438725

60169

629.10

PERSISTENT

399484

60327

562.20

62399

10055

520.50

165540

27406

504.00

TFCILTD

1010250

187251

439.50

GRANULES

4516328

873926

416.80

PAGE
SUDARSCHEM

Torrent
Power went
up by 8%, after the company announced an
interim dividendof Rs 4.5 per
share (45%) for the current fiscal, a
200% higher as compared to previous
year.

NIITTech soared up by 7%,

after the company bagged the Best Service
Provider award by DB Systel,
the ICT subsidiary of the Deutsche
Bahn (German Railways). The company has
won this award across
the entire partner landscape of DB Systel including
global system
integrators, local and offshore IT partners.

Chg (%)

.
Unichem Labs surged up by 5%,
after the company received ANDA
approval from the USFDA for Queitiapine
Fumarate tablets. These
tablets are theraprutically equivalent to Seroquel
Tablets of Astra
Zeneca Pharmaceuticals, LP. The drug is used for the
treatment of
Schziophernia.

DHFL rose by 4%, after

the company has received an approval for
raising funds upto Rs. 5,100
crore, by a way of unsecured or secured
debt issue by means of a private
placement.

Commodities
Commodity

LTP (USD)

Chg (%)

Crude / bbl

37.93

-0.94

1250.80

-0.52

15.34

-0.20

Gold / Oz
Silver / Oz

Event Tracker

Exchange Rates

Domestic
Symbol

LTP

Chg (%)

67.24

-0.33

EURO / USD

1.0968

-0.28

USD / JPY

113.38

+0.03

USD / INR

11 Mar

:
Foreign Reserves

11 Mar

:
Manufacturing & Industrial Production YoY

International

08 Mar

Indian Economic
Indicators
Indicator

Rates (%)

IIP (Dec)

-1.30

Inflation (Jan)

5.69

Market on 10 Mar 16.htm[3/10/2016 11:10:08 PM]

:
CN Balance of Trade FEB

GDP

7.30

CRR

4.00

SLR

21.50

Repo Rate

6.75

Reverse Repo

5.75

KARVY RESEARCH DESK

STOCK BROKING

QUERIES & FEEDBACK

JK Jain

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Head Research

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Market on 10 Mar 16.htm[3/10/2016 11:10:08 PM]


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Market on 10 Mar 16.htm[3/10/2016 11:10:08 PM]