Nifty opened gap up of 41 points at 5607 on the back of strong asian markets, but soon faltered. However it bounced sharply from the support of 5560 and went again above the level of 5600. The better than expected trade balance data and lower imports boosted the market sentiments. The markets went passed the resistance of 5630 with ease. A sell off occurred around the resistance of 5650 and markets closed with marginal gains. The pull back will continue however the weak banking stocks were a cause of worry.
Stocks in Ban Period:
The
support for nifty is at 5600-5575-5535 and the resistance lies at 5640-5670-5710. Nifty August Future has been trading at 1-10 points premium to the
spot. The implied volatility on the Nifty August Options of ATM strike calls were
at 17.34 and for puts were at 21.87. India VIX closed at 21.28. PCR for Nifty
based on open interest was at 0.95 and PCR for the day based on volumes was at 0.91 for the market. A good amount of put writing is seen in the 5500 PE and call writing is seen in 5900 CE.
Cash
Market:
FII 3227.31 - 2818.95 = 408.36 Cr.
DII 1122.89 - 864.08 = 258.81 Cr.
FII
Derivatives Market:
| In Cr. | buy | sell | net |
| INDEX FUTURES | 2036.93 | 2138.08 | -101.15 |
| INDEX OPTIONS | 14186.26 | 13991.89 | 194.37 |
| STOCK FUTURES | 2258.88 | 1911.11 | 347.77 |
| STOCK OPTIONS | 1148.05 | 1137.54 | 10.51 |
Corporate
Action:
| Ex-Date | Company | Purpose |
| 13-Aug-13 | Electrosteel Castings Limited | Annual General Meeting / Dividend - Re 0.50/- Per Share |
| 13-Aug-13 | Gujarat Gas Company Limited | Annual General Meeting |
| 13-Aug-13 | Jubilant Industries Limited | Annual General Meeting |
| 13-Aug-13 | Hikal Limited | Annual General Meeting And Dividend Rs.2.50 Per Share |
| 13-Aug-13 | HB Stockholdings Limited | Annual General Meeting/Dividend Re 1/- Per Share |
| 13-Aug-13 | Larsen & Toubro Limited | Annual General Meeting / Dividend - Rs 12.33/- Per Share |
| 13-Aug-13 | Maruti Suzuki India Limited | Annual General Meeting / Final Dividend Rs.8/- Per Equity Share |
| 13-Aug-13 | Kewal Kiran Clothing Limited | Annual General Meeting / Final Dividend - Re 1/- Per Share |
| 13-Aug-13 | INOX Leisure Limited | Annual General Meeting |
| 13-Aug-13 | eClerx Services Limited | Annual General Meeting/Dividend Rs 25/- Per Share |
Stocks
In News:**
Results Today: IOC , Tata Steel , Oil India , Hindalco , Mahindra & Mahindra, BPCL , Voltas , Orbit Corporation , Oracle Financial Services Software, Opto Circuits , IVRCL , Gujarat State Petronet , GMR Infrastructure , Future Ventures, Escorts , Max India , VKS Projects, Texmo Pipes, STC , Speciality Restaurants , Scooters India , Sadbhav Engineering , Rain Commodities , Pratibha Industries , Pidilite Industries , Orient Paper, NBCC , MVL, Mukand , KRBL , Kalindee Rail , J Kumar Infra, Hotel Leela , HEG , Educomp Solutions , Dwarikesh Sugar , DCM , Dalmia Bharat , Career Point , BF Utilities , Astrazenca Pharma, Amtek Auto , AB Chem
Import duty on gold may be hiked by 2 percent: Sources
-Import duty on silver may be hiked by 4 percent
-Notification on gold & silver import duty hike likely soon
On CNBC-TV18 - Titan CFO says
-Do not think 2 percent duty hike will make a dent in gold imports
-Gold smuggling has reportedly been increasing
-Gold & silver import duty hike may hurt supplies
Kotak Mahindra Bank
-Raises benchmark prime lending rate (BPLR) by 25 bps Effective today
-Raises base rate by 25 bps to 10 percent Effective today
Mumbai Economic Offences Wing (EOW)
-BJP leader Kirit Somaiya files complaint against NSEL with EOW
-Complaint against NSEL alleges cheat, forgery & fraud
-Somaiya may file complaint wth CBI and CVC on Tuesday in Delhi
-Complaint filed against promoters, owners of NSEL
-Complaint filed against officials of NSEL, FMC & MCA
-Complaint also filed against brokers, warehouse keepers
Tata Motors sales July 2013 Y-o-Y
-JLR sales up 21 percent at 31611 units
-Jaguar sales up 65 percent at 6157 units
-Land Rover sales up 14 percent at 25454 units
Other stocks and sectors that are in news today:- Denso India delisting indicative price Rs 95/share (CMP Rs 106), offer opens of September 17, closes on September 23
- Wockhardt likely to get US FDA relief for its Waluj facility: BS
- GE Shipping buy back at maximum Rs 279/share
- Gujarat Auto Gear open offer at Rs 1137/share
- ICICI Bank to sell Mumbai property for Rs 100 crore: ET
ONGC Q1
-Net profit at Rs 4,015 crore versus Rs 3,389 crore (QoQ)
-Revenue at Rs 19,309 crore versus Rs 21,830 crore (QoQ)
-Other income at Rs 1,196 crore versus Rs 1,245 crore (QoQ)
-Gross realisation at USD 102.90/barrel Versus USD 109.18/barrel (YoY)
-Net realisation at USD 40.17/barrel Versus USD 45.91/barrel (YoY)
-Total crude oil output at 6.01 mt Versus 6.02 mt (YoY)
-Gas output at 6.18 billion cubic meter Versus 6.42 billion cubic meter (YoY)
ONGC Says
-Paid Rs 12,620 crore gross subsidy to PSU marketing companies in Q1
-Cash reserves reduced by more than Rs 2,000 crore in FY13
-Have started FY14 with Rs 13,200 crore cash
-Capex target for FY14 stands at Rs 35,000 crore
ONGC CMD says
-Premature to talk about partnering Shell for deep-water drilling in KG basin
-Initial process of drilling 4 appraisal wells for assessment underway
-Will address issues raised by CAG at the earliest
-Received CAG's concerns on proposal to share RIL's infrastructure on east coast
-Notified 4 hydrocarbon discoveries April-June, one in August
-Not heard from finance ministry yet on overseas borrow plan
HPCL Q1
-Net loss at Rs 1,460 crore versus loss of Rs 9,249 Crore (YoY)
-Revenue At Rs 51,764 crore Versus Rs 44,497.6 Crore (YoY)
-EBITDA loss at Rs 688 crore versus loss of Rs 8,627 Crore (YoY)
-Average GRM at USD 2.58/barrel
- HPCL got Rs 3,486 crore from upstream companies as April-June subsidy share
HPCL Says
-Not facing any loss on petrol sale currently
-Processed 3.44 mt crude in Q1 versus 3.58 mt (YoY)
-Expect to get all govt approvals for Rajasthan refinery by November-December
-RBI approved USD 1 bn loan via foreign currency for working capital
DLF Q1
-Net profit at Rs 181.2 crore versus Rs 292.8 crore (YoY)
-Revenue at Rs 2,314 crore versus Rs 2,197.7 crore (YoY)
-EBITDA at Rs 916 crore versus Rs 1,067 crore (YoY)
-OPM at 39.6 percent Versus 48.5 percent (YoY)
- DLF re-appoints KP Singh as chairman for 5 years w.e.f October 1
JP Power Q1
-Net profit at Rs 93 crore versus Rs 183 crore (YoY)
-Net sales at Rs 786.3 crore versus Rs 545 crore (YoY)
-EBITDA at Rs 588 crore versus Rs 490 crore (YoY)
Gammon India Q1
-Net loss at Rs 50 crore versus loss of Rs 19 crore (YoY)
-Net sales at Rs 1,216 crore versus Rs 1,260.4 crore (YoY)
-Forex loss at Rs 9.3 crore versus Rs 1.4 crore (YoY)
Dhanlaxmi Bank Q1
-Net profit at Rs 3.58 crore versus loss of Rs 11.8 crore (YoY)
-NII at Rs 64 crore versus Rs 75 crore (YoY)
-Gross NPA at 5.78 percent versus 4.82 percent (QoQ)
-Net NPA at 4.10 percent versus 3.36 percent (QoQ)
-Provisions at Rs 10.8 crore versus Rs 35.6 crore (QoQ)
United Bank Q1
-Net profit at Rs 44.7 crore versus Rs 174 crore (YoY)
-NII at Rs 587 crore versus Rs 683 crore (YoY)
-Gross NPA at 5.59 percent Versus 4.25 percent (QoQ)
-Net NPA at 3.86 percent Versus 2.87 percent (QoQ)
-Provisions at Rs 506 crore versus Rs 759 crore (QoQ), Rs 292 crore (YoY)
Jindal Stainless Q1
-Net loss at Rs 475 crore versus loss of Rs 231 crore (YoY)
-Net sales at Rs 2,825 crore versus Rs 2,207 crore (YoY)
Hindustan Copper Q1
-Net profit at Rs 18.6 crore versus Rs 48 crore (YoY)
-Net sales at Rs 222 crore versus Rs 313 crore (YoY)
Novelis (subsidiary of Hindalco ) Q1
-Adjusted EBITDA at USD 204 million
-Net income at USD 21 million; net sales at USD 2.4 billion
Inox Leisure Q1
-Net profit at Rs 14.2 crore Versus Rs 6.8 crore (YoY)
-Net sales at Rs 219.7 crore Versus Rs 176.6 Crore (YoY)
Hathway Cable Q1
-Net profit at Rs 5.3 crore Versus loss of Rs 15.9 crore (YoY)
-Net sales at Rs 231.8 crore Versus Rs 134.6 crore (YoY)
Insecticides India Q1
-Net profit at Rs 14.2 crore Versus Rs 11.7 crore (YoY)
-Net sales at Rs 215 crore Versus Rs 160.5 crore (YoY)
Rajshree Sugars Q1
-Net profit at Rs 8.9 crore Versus Rs 6 crore (YoY)
-Net sales at Rs 248.8 crore Versus Rs 265.8 crore (YoY)
June IIP Data -June IIP at -2.2 percent Versus -2.8 percent (MoM)
-Manufacturing sector growth at -2.2 percent versus -2.0 percent (MoM)
-Electricity sector growth at 0.0 percent Versus 6.2 percent (MoM)
-Mining sector growth at -4.1 percent versus -5.7 percent (MoM)
-Basic goods growth at -1.9 percent versus -0.4 percent (MoM)
-Capital goods growth at -6.6 percent Versus -2.7 percent (MoM)
-Intermediate goods growth at 1.1 percent versus 1.5 percent (MoM)
-Consumer durables growth at -10.5 percent versus -10.4 percent (MoM)
-Consumer non-durables growth at 5 percent versus 1.7 percent (MoM)
-Consumer goods growth at -2.3 percent versus -4 percent (MoM)
-Govt: May IIP data revised to -2.8 percent versus -1.6 percent provisional
CPI Data -July CPI food inflation at 11.24 percent versus 11.84 percent (MoM)
-July CPI inflation at 9.64 percent versus 9.87 percent (MoM)
-July CPI urban inflation rate at 10.26 percent versus 10.13 percent (MoM)
-July CPI rural inflation rate at 9.14 percent versus 9.63 percent (MoM)
Import duty on gold may be hiked by 2 percent: Sources
-Import duty on silver may be hiked by 4 percent
-Notification on gold & silver import duty hike likely soon
On CNBC-TV18 - Titan CFO says
-Do not think 2 percent duty hike will make a dent in gold imports
-Gold smuggling has reportedly been increasing
-Gold & silver import duty hike may hurt supplies
Kotak Mahindra Bank
-Raises benchmark prime lending rate (BPLR) by 25 bps Effective today
-Raises base rate by 25 bps to 10 percent Effective today
Mumbai Economic Offences Wing (EOW)
-BJP leader Kirit Somaiya files complaint against NSEL with EOW
-Complaint against NSEL alleges cheat, forgery & fraud
-Somaiya may file complaint wth CBI and CVC on Tuesday in Delhi
-Complaint filed against promoters, owners of NSEL
-Complaint filed against officials of NSEL, FMC & MCA
-Complaint also filed against brokers, warehouse keepers
Tata Motors sales July 2013 Y-o-Y
-JLR sales up 21 percent at 31611 units
-Jaguar sales up 65 percent at 6157 units
-Land Rover sales up 14 percent at 25454 units
Other stocks and sectors that are in news today:- Denso India delisting indicative price Rs 95/share (CMP Rs 106), offer opens of September 17, closes on September 23
- Wockhardt likely to get US FDA relief for its Waluj facility: BS
- GE Shipping buy back at maximum Rs 279/share
- Gujarat Auto Gear open offer at Rs 1137/share
- ICICI Bank to sell Mumbai property for Rs 100 crore: ET
ONGC Q1
-Net profit at Rs 4,015 crore versus Rs 3,389 crore (QoQ)
-Revenue at Rs 19,309 crore versus Rs 21,830 crore (QoQ)
-Other income at Rs 1,196 crore versus Rs 1,245 crore (QoQ)
-Gross realisation at USD 102.90/barrel Versus USD 109.18/barrel (YoY)
-Net realisation at USD 40.17/barrel Versus USD 45.91/barrel (YoY)
-Total crude oil output at 6.01 mt Versus 6.02 mt (YoY)
-Gas output at 6.18 billion cubic meter Versus 6.42 billion cubic meter (YoY)
ONGC Says
-Paid Rs 12,620 crore gross subsidy to PSU marketing companies in Q1
-Cash reserves reduced by more than Rs 2,000 crore in FY13
-Have started FY14 with Rs 13,200 crore cash
-Capex target for FY14 stands at Rs 35,000 crore
ONGC CMD says
-Premature to talk about partnering Shell for deep-water drilling in KG basin
-Initial process of drilling 4 appraisal wells for assessment underway
-Will address issues raised by CAG at the earliest
-Received CAG's concerns on proposal to share RIL's infrastructure on east coast
-Notified 4 hydrocarbon discoveries April-June, one in August
-Not heard from finance ministry yet on overseas borrow plan
HPCL Q1
-Net loss at Rs 1,460 crore versus loss of Rs 9,249 Crore (YoY)
-Revenue At Rs 51,764 crore Versus Rs 44,497.6 Crore (YoY)
-EBITDA loss at Rs 688 crore versus loss of Rs 8,627 Crore (YoY)
-Average GRM at USD 2.58/barrel
- HPCL got Rs 3,486 crore from upstream companies as April-June subsidy share
HPCL Says
-Not facing any loss on petrol sale currently
-Processed 3.44 mt crude in Q1 versus 3.58 mt (YoY)
-Expect to get all govt approvals for Rajasthan refinery by November-December
-RBI approved USD 1 bn loan via foreign currency for working capital
DLF Q1
-Net profit at Rs 181.2 crore versus Rs 292.8 crore (YoY)
-Revenue at Rs 2,314 crore versus Rs 2,197.7 crore (YoY)
-EBITDA at Rs 916 crore versus Rs 1,067 crore (YoY)
-OPM at 39.6 percent Versus 48.5 percent (YoY)
- DLF re-appoints KP Singh as chairman for 5 years w.e.f October 1
JP Power Q1
-Net profit at Rs 93 crore versus Rs 183 crore (YoY)
-Net sales at Rs 786.3 crore versus Rs 545 crore (YoY)
-EBITDA at Rs 588 crore versus Rs 490 crore (YoY)
Gammon India Q1
-Net loss at Rs 50 crore versus loss of Rs 19 crore (YoY)
-Net sales at Rs 1,216 crore versus Rs 1,260.4 crore (YoY)
-Forex loss at Rs 9.3 crore versus Rs 1.4 crore (YoY)
Dhanlaxmi Bank Q1
-Net profit at Rs 3.58 crore versus loss of Rs 11.8 crore (YoY)
-NII at Rs 64 crore versus Rs 75 crore (YoY)
-Gross NPA at 5.78 percent versus 4.82 percent (QoQ)
-Net NPA at 4.10 percent versus 3.36 percent (QoQ)
-Provisions at Rs 10.8 crore versus Rs 35.6 crore (QoQ)
United Bank Q1
-Net profit at Rs 44.7 crore versus Rs 174 crore (YoY)
-NII at Rs 587 crore versus Rs 683 crore (YoY)
-Gross NPA at 5.59 percent Versus 4.25 percent (QoQ)
-Net NPA at 3.86 percent Versus 2.87 percent (QoQ)
-Provisions at Rs 506 crore versus Rs 759 crore (QoQ), Rs 292 crore (YoY)
Jindal Stainless Q1
-Net loss at Rs 475 crore versus loss of Rs 231 crore (YoY)
-Net sales at Rs 2,825 crore versus Rs 2,207 crore (YoY)
Hindustan Copper Q1
-Net profit at Rs 18.6 crore versus Rs 48 crore (YoY)
-Net sales at Rs 222 crore versus Rs 313 crore (YoY)
Novelis (subsidiary of Hindalco ) Q1
-Adjusted EBITDA at USD 204 million
-Net income at USD 21 million; net sales at USD 2.4 billion
Inox Leisure Q1
-Net profit at Rs 14.2 crore Versus Rs 6.8 crore (YoY)
-Net sales at Rs 219.7 crore Versus Rs 176.6 Crore (YoY)
Hathway Cable Q1
-Net profit at Rs 5.3 crore Versus loss of Rs 15.9 crore (YoY)
-Net sales at Rs 231.8 crore Versus Rs 134.6 crore (YoY)
Insecticides India Q1
-Net profit at Rs 14.2 crore Versus Rs 11.7 crore (YoY)
-Net sales at Rs 215 crore Versus Rs 160.5 crore (YoY)
Rajshree Sugars Q1
-Net profit at Rs 8.9 crore Versus Rs 6 crore (YoY)
-Net sales at Rs 248.8 crore Versus Rs 265.8 crore (YoY)
June IIP Data -June IIP at -2.2 percent Versus -2.8 percent (MoM)
-Manufacturing sector growth at -2.2 percent versus -2.0 percent (MoM)
-Electricity sector growth at 0.0 percent Versus 6.2 percent (MoM)
-Mining sector growth at -4.1 percent versus -5.7 percent (MoM)
-Basic goods growth at -1.9 percent versus -0.4 percent (MoM)
-Capital goods growth at -6.6 percent Versus -2.7 percent (MoM)
-Intermediate goods growth at 1.1 percent versus 1.5 percent (MoM)
-Consumer durables growth at -10.5 percent versus -10.4 percent (MoM)
-Consumer non-durables growth at 5 percent versus 1.7 percent (MoM)
-Consumer goods growth at -2.3 percent versus -4 percent (MoM)
-Govt: May IIP data revised to -2.8 percent versus -1.6 percent provisional
CPI Data -July CPI food inflation at 11.24 percent versus 11.84 percent (MoM)
-July CPI inflation at 9.64 percent versus 9.87 percent (MoM)
-July CPI urban inflation rate at 10.26 percent versus 10.13 percent (MoM)
-July CPI rural inflation rate at 9.14 percent versus 9.63 percent (MoM)
Stocks in Ban Period:
HDIL, FINANTECH
Source:moneycontrol.com , nseindia.com
No comments:
Post a Comment