MOSt Market Roundup
8th March 2017
EQUITY Market
Cash Volumes (Rs in Crores)
Exchange
BSE (Cash)
BSE (Derivatives)
NSE (Cash)
NSE(Derivatives)
Total
Today
NA
0.36
22219
468779
490999
Pev. Day
2933
0.40
19713
222500
245146
Sensex
28901.94
97.62
Nifty
8924.30
22.60
Dealer's Diary
Sensex declined 98 points to close at 28902 and Nifty slipped 23 points
to close at 8924. There was profit booking in the market. Nifty touched
day's high of 8957 and low of 8892 while opening flat at 8951. Weak
Asian and US markets have pulled down the market. Moreover, five
State Assembly election results will be important for the market. Exit
poll likely to be announced tomorrow and Assembly election results
will be announced on 11th March. Metal, Tech, Realty, Oil & Gas and
Capital Goods stocks declined while select pharma and banking stocks
gained.
Bharat Finance surged 4% to close at Rs842 after the media news that
the company is likely to merge with IndussInd Bank. Airlines stocks
like IndiGo and Jet Airlines gained 2% and 3% respectively after the
media news that the Delhi government to cut tax on ATF to 1% from
25% to India's northeastern region. Both Alembic and Natco Pharma
gained 2% each after the Delhi High Court allows export of Rivaroxaban
API for research and development purposes. Metal stocks declined in
the last couple of days on account of fall in global metal price. Vedanta,
Hindalco, Tata Steel, JSW Steel and Jindal Steel & Power declined 2-
3%. HPCL, BPCL and IOC and IOC declined 1-2%.
Advance / Decline
Group
Advance
Decline
Unchanged
NIFTY 50
19
32
0
BSE 201
63
137
1
Top Index Gainers
Scrip
BOSCHLTD
YESBANK
ZEEL
EICHERMOT
KOTAKBANK
LTP
21,900.00
1,480.00
514.40
23,475.50
824.00
% Change
2.51
2.20
1.53
1.14
0.86
Top Index Losers
Scrip
IDEA
TATASTEEL
ONGC
TECHM
BHEL
LTP
106.15
471.90
192.65
492.60
158.00
% Change
-2.26
-2.10
-1.91
-1.47
-1.34
Technical Outlook
'Nifty has been consolidating in between 8860 to 9000 zone from last
eleven trading sessions and is awaiting a decisive range breakout to
commence the next leg of rally. During the day it fell towards 8900 but
recovered some of its intraday losses in the second half of the session.
Now if it sustains below 8920 then it may correct towards next support
of 8860 and 8820 while holding above 9000 would start the fresh up
move towards 9119.
Nifty Futures
8954.00
20.10
Premium
29.70
DERIVATIVE MARKET
Derivative Volumes (Rs in Crores)
Exchange
Index Futures
Stock Futures
Index Options
Stock Options
F&O Total
No. of
Contracts
233342
608387
4886854
334244
6062827
Turn
Over
17,058.79
43,077.12
384211.7
24,431.60
468779.21
Nifty gyrated in the band of 8900-8980 and ended marginal negative by
0.2%. India Vix increased by 1.5% to 14.1%. Further move above 15%
could see volatility inching higher.March series option data depicts
fresh addition in OTM calls of 9000-9300 and OTM put of 8900-8600 PE.
Option indicative band stays at 8800-9000. Stock specific buying was
witnessed in NBFC stocks like Bharatfin, Bjajafin; Pvt banks like Yesbank
and Kotakbank. Selling was witnessed in Metal stocks like Hindalco,
Vedl and Tatasteel.
Most Active Nifty Calls
Most Active Nifty Puts
Index
Option
8,900
8,800
8,700
-
Price
Rs.
96.6
63.0
39.2
-
No. of Contract
Vol
OI
112811
100919
92588
-
53517
55875
54981
-
Most Active Stock Future
Index
Option
9,000
9,200
9,100
-
Price
Rs.
99.0
34.1
60.1
-
No. of Contract
Vol
OI
153282
122002
115977
-
74700
56623
54283
-
Stock
Futures
RELIANCE
GAIL
HINDALCO
YESBANK
Price
Rs.
1288.2
520.0
191.4
1480.0
No. of Contract
Vol
OI
18977
16228
13846
13273
38224
25329
12770
11578
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
1
 Motilal Oswal Financial Services
MOSt Market Roundup
8th March 2017
EQUITY Market
Global Indices
Indices
Dow Fut
Nasdaq Fut
FTSE
Hang Seng
Closing Price
20917
5351.25
7349.77
23782
Change(%)
0.02
0.03
0.15
0.43
News:
3
3
Currency
V/S INR
Dollar
Euro
Pound
Yen
Closing Price
66.72
70.42
81.15
0.59
Change(%)
-0.07
0.12
0.20
0.02
3
3
3
3
Commodity
Indices
Brent Crude
Gold
Silver
Closing Price
55.60
1213.10
17.43
Change(%)
-0.57
-0.23
-0.39
3
3
Note - *Data as of today, 5P.M.
3
3
3
Delhi to Cut Tax on ATF to 1% to Boost Flights to Northeast -
Jet fuel tax cut to 1% from 25% for improving connectivity to
India's northeastern region, Hindustan Times newspaper re-
ports, citing Delhi Deputy Chief Minister Manish Sisodia.
Hindalco raises Rs33.5bn pricing QIP at top range. QIP issue
price sets at Rs189.45 a share
Kotak Mahindra Holders approved raising FII ceiling to 42%
from 40%
JAIN Irrigation wins order valued Rs1.9bn
Alembic, Natco Rise After India Court Allows API Export for
R&D - Delhi High Court allows export of Rivaroxaban API for
research and development purposes. Earlier, India Court Rules
Export of Patented Drugs for R&D Permissible
Everest Organics - USFDA completed inspection of API facility
in Hyderabad
BPCL raises Rs5.58bn via debenture at a coupon of 7.35%
Bharat Financial Said Near Merger Deal With IndusInd Bank -
Merger ratio discussed between Bharat Financial, IndusInd
bank is close to 10:7- ETNow
Cadila gets US FDA final approval for Tizanidine Hydrochlo-
ride Capsules
Hindalco sets QIP issue price at Rs189.45 a share
Avenue Supermarkets IPO gets 110% demand for shares as of
3.30pm
Oil dropped below $53 a barrel as U.S. industry data showed
crude stockpiles expanded last week, adding to an inventory
overhang.
Non-farm productivity- Bloomberg expectation 1.5% (Prior
1.3%)
Asian stocks were little changed after two days of gains as
investors awaited a near certain interest rate hike in the U.S.
European stocks held steady, with gains in lenders and min-
ers undercut by declines in real estate and oil companies, as
investors remained cautious ahead of a European Central Bank
meeting tomorrow. FTSE and CAC bounced back into positive
territory. DAX gained nearly half percent.
Commodity:
3
US Data
3
Global Market:
3
3
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
2
 Motilal Oswal Financial Services
MOSt Market Roundup
8th March 2017
Technical Commentary
The Nifty moved in a narrow band with a negative slant and closed lower by 22 points at 8924 with a 0.25% loss. The Nifty had
opened at 8950 and moved between 8957 and 8891.The broader indices too ended in the red with MID100 closing 0.65% lower
at 16,362 and the SML100 0.85% lower at 6608. India VIX was up 1.44% to 14.0750. The broad market was divided 30:70 between
advances and declines. 47 stocks hit their new 52 weeks' highs while 19 stocks hit their new 52 weeks' lows. Among stocks that hit
their life time highs were Yes Bank, Kotak Bank, L&T Finance, Raymond, VMart, Gujarat Gas, ICICI Pru Life Insurance, Future
Retail, Trident, Future Consumer, PVR and Indraprastha Gas. The Nifty leads its 20, 50, 200 and 100 days' SMAs standing at 8863,
8590, 8466 and 8440 respectively. The Nifty is below its R1 9101 and above its Pivot 8819 for the March F&O series.
Media led the sectors in the green being 0.62% up. Banks, Financial services, Pharma, PSU Banks and Private Banks gained less
than 0.25% each. Metals, CPSE, Realty and Energy were the sectors that lost the most shedding 1.00 to 2.00% each. Auto, IT, Infra
shed a little over 0.50% each. FMCG lost a nominal 0.12%.
'Nifty has been consolidating in between 8860 to 9000 zone from last eleven trading sessions and is awaiting a decisive range
breakout to commence the next leg of rally. During the day it fell towards 8900 but recovered some of its intraday losses in the
second half of the session. Now if it sustains below 8920 then it may correct towards next support of 8860 and 8820 while holding
above 9000 would start the fresh up move towards 9119.
Follow up - Open Recommendations
Date
TRADING CALL
8-Mar
8-Mar
8-Mar
8-Mar
7-Mar
7-Mar
6-Mar
6-Mar
6-Mar
6-Mar
3-Mar
1-Mar
1-Mar
1-Mar
27-Feb
27-Feb
20-Feb
Scrip
ARVINDFUT
SBINFUT
KOTAKBANKFUT
HDFCBANK1400CE
NIFTYFUT
LICHSGFINFUT
HCLTECH
BANKNIFTY21000CE
BANKNIFTY20800CE
CASTROLINDFUT
GRASIMFUT
TATASTEEL530CE
TATASTEEL520CE
BANKNIFTY21500CE
LICHSGFIN600CE
LICHSGFIN580CE
PIDILITIND
Reco
BUY
BUY
BUY
BUY
SELL
BUY
BUY
SELL
BUY
BUY
BUY
SELL
BUY
BUY
SELL
BUY
BUY
Price
392.75
271.35
830.65
17.5
8964
572.45
856.75
32.55
97.5
410.4
1016.85
7.3
10.35
23
9.15
15
689.7
Lot
764
1106
362
500
34
525
351
40
40
731
296
2000
2000
40
1100
1100
435
Close
393.3
271.45
829.3
18.4
8955
570
847.7
9.15
44
410
1007.5
1.6
2.45
0.35
6.45
12.1
670
Target
398
277
845
27
8818
590
930
-
-
423
1065
-
-
70
-
-
750
Stop Loss
389.8
268.7
821
13.25
9040
565
827
-
-
405
995
-
-
0
-
-
657
MTM +/-
257
265
489
331
376
-1853
-4668
933
-1969
-1135
-4375
11450
-15962
-970
2851
-4004
-11665
# Please Watch for Followup Alerts provided on the Trading Screen / Call your MOSL Advisor
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
3
 Motilal Oswal Financial Services
MOSt Market Roundup
8th March 2017
Pivot Table
Co. Name
NIFTY
SENSEX
ACC
ACEM
APNT
AXSB
BJAUT
BOB
BHEL
BPCL
BHARTI
CAIR
CIPLA
COAL
DLFU
DRRD
GAIL
GRASIM
HCLT
HDFCB
HMCL
HNDL
HUVR
HDFC
ICICIBC
IDFC
IIB
INFO
ITC
JPA
JSP
KMB
LT
LPC
MM
MSIL
NMDC
NTPC
ONGC
PWGR
PNB
RIL
SBIN
SUNP
TCS
TTMT
TPWR
TATA
UTCEM
VEDL
WPRO
Close
8,924
28,902
1,388
225
1,022
512
2,870
159
158
638
360
280
590
320
143
2,840
520
1,004
847
1,393
3,280
191
873
1,366
275
52
1,328
1,008
264
15
122
824
1,480
1,450
1,306
5,875
141
157
193
195
141
1,288
270
682
2,516
463
82
472
3,791
251
495
Low
8,892
28815.48
1,386
223
1,015
500
2,851
157
157
630
359
277
583
319
140
2,823
513
995
844
1,381
3,255
187
863
1,361
272
51
1,323
1,004
264
15
119
819
1,469
1,442
1,300
5,800
140
156
192
194
139
1,286
266
673
2,492
461
82
470
3,762
250
489
S2
8,859
28,706
1,372
220
1,004
496
2,836
155
155
619
355
269
579
315
138
2,796
501
987
836
1,373
3,216
184
858
1,352
270
50
1,312
997
262
14
116
808
1,455
1,431
1,287
5,755
135
155
189
192
138
1,272
264
665
2,481
456
81
460
3,738
243
486
S1
8,892
28,804
1,380
223
1,013
504
2,853
157
156
629
358
274
584
317
140
2,818
511
995
842
1,383
3,248
188
865
1,359
273
51
1,320
1,003
263
15
119
816
1,468
1,440
1,296
5,815
138
156
191
194
139
1,280
267
673
2,498
460
82
466
3,765
247
490
PP
8,924
28,913
1,394
225
1,024
508
2,868
159
159
640
361
282
589
322
143
2,845
522
1,004
850
1,391
3,287
191
871
1,368
275
52
1,331
1,010
264
15
122
827
1,481
1,452
1,310
5,860
143
157
194
196
141
1,294
269
681
2,509
465
82
476
3,788
254
493
R1
8,957
29,011
1,403
228
1,033
516
2,885
162
160
649
363
287
595
324
145
2,868
532
1,012
855
1,401
3,320
194
878
1,374
277
52
1,339
1,015
265
15
125
836
1,493
1,462
1,319
5,920
146
159
196
197
143
1,302
272
689
2,526
468
83
482
3,815
258
497
R2
8,990
29,120
1,417
230
1,044
521
2,900
164
162
660
367
295
599
328
148
2,895
544
1,020
864
1,409
3,359
197
884
1,383
279
53
1,351
1,022
266
16
128
847
1,507
1,473
1,333
5,965
151
160
199
199
144
1,316
273
697
2,537
473
84
492
3,838
265
500
High
8,957
29,022
1,409
228
1,035
513
2,883
162
161
650
364
290
593
326
146
2,873
534
1,012
858
1,399
3,327
193
876
1,377
277
52
1,343
1,017
266
16
125
839
1,495
1,463
1,323
5,905
148
159
197
198
142
1,308
270
689
2,520
470
83
486
3,812
261
496
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
4
 Motilal Oswal Financial Services
MOSt Market Roundup
8th March 2017
MOSt Velocity - 10
Account Summary
Cash Market
Model Corpus Value
Total Return till date
Booked Profit
Unrealised Profit
(INR
)
1000000
1006132
1032999
-26866
Benchmarks Comparison
Return %
100.6%
103.3%
-2.7%
Index
BSE 200
9th Sep
2011
2089
CMP
3860
Benchmark
(%)
84.8%
Relative
Performance
15.9%
Open Calls
Stock
Name
AUROPHARMA
LUPIN
SHRIRAMCIT
INFY
M&M
HEROMOTOCO
AMARAJABAT
MARICO
Sector
Name
PHARMA
PHARMA
FINANCIAL
IT
AUTO
AUTO
AUTO
FMCG
Reco
Date
30-Jun-16
28-Feb-17
24-Oct-16
2-Aug-16
1-Nov-16
12-Jan-17
17-Feb-17
7-Feb-17
Wtg.
(%)
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
Reco
Price
743
1470
2300
1080
1334
3102
857
261
CMP
666
1450
1934
1008
1304
3273
832
279
Last 10 Exit Trades
Stock
Name
Past Booked Profit / Loss
BHARATFORG
BANKBARODA
EMAMILTD
LICHSGFIN
BHARTIARTL
INDUSINDBK
BEL
MCX
AMARAJABAT
HEROMOTOCO
Reco
Date
25-Jan-17
14-Sep-16
1-Jun-16
11-Jul-16
1-Jun-16
25-Jul-16
27-Dec-16
1-Jun-16
4-Apr-16
27-Jun-16
Wtg
(%)
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
5.0%
5.0%
10.0%
Reco
Price
943
163
1038
521
364
1144
1345
999
891
3054
Exit
Price
1044
181
1115
568
356
1262
1532
1018
1050
3459
Charges
244445
632
1278
1182
1228
1130
1263
639
575
594
1211
MTM %
Exit
Date
15-Feb-17
3-Feb-17
2-Feb-17
31-Jan-17
30-Jan-17
25-Jan-17
11-Jan-17
22-Sep-16
16-Aug-16
9-Aug-16
10.1
10.3
6.8
8.5
-2.8
9.8
13.2
1.3
17.2
12.6
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
5
 Motilal Oswal Financial Services
MOSt Market Roundup
8th March 2017
MOSt Multi Cap
MOSt Multi Cap
Scrip Name
LIC Housing Fin
Hero Motocorp
Zee Entertainment Enterprises Ltd
HDFC Bank
CG Consumer Electricals ltd
Can Fin Homes Ltd
Sterling Tools Ltd
P I Industries Ltd
SRF Ltd
Shriram City Union Finance Ltd
Castrol India Ltd
Cash
Total
Sector
Financial
Automobiles
Media
Banking
Capital Goods
Financial
Automobiles
Agriculture
Textiles
Financial
Oil & Gas
CMP
569
3273
514
1392
187
1930
210
824
1567
1934
408
Allocation (%)
10
10
10
10
5
5
5
5
5
5
5
15
100
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
6
 Motilal Oswal Financial Services
Dharmesh Kant ( Head - Retail Research)
Dharmesh.Kant@motilaloswal.com
Chandan Taparia (Derivatives & Technical Analyst)
Chandan.Taparia@motilaloswal.com
Tina Gadodia (Derivatives Analyst)
Tina.Gadodia@motilaloswal.com
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