MOSt Market Roundup
7th April 2017
EQUITY Market
Cash Volumes (INR in Crores)
Exchange
BSE (Cash)
BSE (Derivatives)
NSE (Cash)
NSE(Derivatives)
Total
Today
4362
50.21
28151
303790
336353
Pev. Day
3601
35.85
25402
639916
668955
Sensex
29706.61
220.73
Nifty
9198.30
63.65
Dealer's Diary
There was profit booking which pulled down the market over half
percent. Nifty slipped 63 (0.7%) points to close at 9198 and Sensex
declined 220 points to close at 29707. Traders were booking profit on
account of weak global cues, increased oil price and fall in USDINR.
Geo-political factors pulled down market. Select Asian and European
markets slipped after the news that the United States launched missiles
at an airbase in Syria in response to Syrian forces' alleged use of chemical
weapons. USDINR declined 28bps nearly 2-year low 64.25 and Brent
Crude surged nearly 2% at $56/bbl on account of geo-political issue.
Banking stocks recorded sharp declines and Bank Nifty declined nearly
1%. Pharma, Metal, Realty, Infrastructure stocks witnessed profit
booking. However, Oil marketing companies and select Capital Goods
stocks gained.
There was major development overnight that the Rajya Sabha passed
four legislations which will enable the government to roll-out the
historic Goods and Services Tax regime on July 1. Banking stocks like
ICICI Bank declined over 1% to close at Rs277.
Advance / Decline
Group
Advance
Decline
Unchanged
NIFTY 50
14
37
0
BSE 201
52
149
0
Top Index Gainers
Scrip
BPCL
IOC
INFRATEL
TCS
BHARTIARTL
LTP
675.80
397.40
347.95
2432.00
344.85
% Change
4.58
3.02
2.59
1.33
0.89
Technical Outlook
'Nifty index started to form lower highs from last two sessions and
making a Bearish Candle on the daily chart. It has broken immediate
support of 9218 and now a hold below 9191 may drag it towards 9133
and 9090 levels. It formed a Shooting Star candle on the weekly chart
after making its new life time high of 9273 and now if follow up selling
happens then index could drift to lower level. On the upside it has
immediate hurdle near to 9280.
Top Index Losers
Scrip
BANKBARODA
SUNPHARMA
LUPIN
ADANIPORTS
KOTAKBANK
LTP
168.50
667.00
1408.25
348.05
873.00
% Change
-3.66
-2.90
-2.77
-2.41
-2.39
DERIVATIVE MARKET
Derivative Volumes (INR in Crores)
Exchange
Index Futures
Stock Futures
Index Options
Stock Options
F&O Total
No. of
Contracts
171055
657024
2738729
372049
3938857
Turn
Over
12875.16
49272.24
212830.93
28811.27
303789.6
Nifty Futures
9217.00
55.25
Premium
18.70
Amidst Geopolitical fear and currency appreciation Nifty fell in today
session to the extent of 0.70% to 9198. India VIX rose by 3.57% to 11.70%.
Sustain move above 13 could witnessed further pressure accelerating.
April series option data signifies unwinding in 9200 PE while fresh call
writing was witnessed in 9200 and 9300 CE. Immediate Option band
remains at 9100-9300 .Stock specific Long built-up was witnessed in
TVSMotors, IOC, M&MFin, MFSL and Havells. Short built-up was
witnessed in Jindalstel and Indianb.
Most Active Stock Future
Most Active Nifty Calls
Stock
Futures
RELIANCE
TATASTEEL
LT
SUNPHARMA
Price
INR
1406.6
493.2
1685.5
666.0
No. of Contract
Vol
OI
24662
15566
14695
14604
29009
11898
16869
42200
Index
Option
9,300
9,400
9,500
9,200
Price
INR
49.0
20.4
6.1
97.0
No. of Contract
Vol
OI
171841
135254
119802
108603
60236
52753
70744
42960
Most Active Nifty Puts
Index
Option
9,200
9,100
9,000
9,300
Price
INR
83.1
50.3
29.5
132.0
No. of Contract
Vol
OI
174440
109610
109473
58778
50257
64438
73289
22403
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
1
 Motilal Oswal Financial Services
MOSt Market Roundup
7th April 2017
EQUITY Market
Global Indices
Indices
Dow Fut
Nasdaq Fut
FTSE
Hang Seng
Closing Price
20574
5414
7310.99
24267.3
Change(%)
-0.15
-0.16
0.11
-0.03
News:
3
3
Currency
V/S INR
Dollar
Euro
Pound
Yen
Closing Price
64.23
68.34
79.78
0.58
Change(%)
0.48
0.73
0.80
0.79
3
3
3
Commodity
Indices
Brent Crude
Gold
Silver
Closing Price
55.62
1264.81
18.41
Change(%)
1.33
1.05
0.82
3
3
3
3
Note - *Data as of today, 5P.M.
3
3
Company Meetings on 10th April 17
JLR retail sales for the month of Mar -17 came in at 90,838
units, up 21% YoY. Jaguar sales up 83% YoY at 27,820 units,
while Land rover came in at 63,018 units, up 5% YoY.
Shareholders of Grasim Industries approved plans for the In-
dian tycoon to pursue a controversial merger that would tighten
his grip of a business empire with more than $40 billion in
annual revenue. More than 93 percent of Grasim minority share-
holder votes cast were in favor of the plan to merge with affili-
ate Aditya Birla Nuvo Ltd., according to a statement. ABNL
investors are scheduled to vote on the deal by April 9
Reliance Infra wins contract valued at Rs7.11bn
Voltas said to evaluate bid for Kenstar - Times of India
U.S. FDA inspectors find storage, logistics lapses in Dadra plant
on Day 1 of audit, ET Now reports
Reliance Capital approves rising up to Rs30bn via debenture
Alembic gets US FDA approval for fluoxetine Hydrochloride
tablet - Positive
Muthoot Finance to raise Rs20bn via NCD issue
L&T commissions gas turbines at 2 projects in Bangladesh
NTPC commission 660MW unit of Solapur super thermal
projects, total group commissioned capacity at 51,410MW now
IGL seeks Supreme Court hearing against Haryana state, IGL
says Haryana Government not allowing operations in Gurgaon
Oil jumped as the U.S. cruise-missile attack against Syria roiled
global financial markets.
EGM - Aditya Birla Nuvo
Commodity:
3
US Data
3
Corporate Action on 10th April 17
Change in Non-farm pay roll - Bloomberg expectation 180k
(Prior 235k)
Dividends - Colgate
Global Market:
3
3
Events on 10th April 17
Benchmark equity gauges in Japan rose, shaking off a decline
following a U.S. missile strike on Syria.
European stocks pared losses an hour after the opening bell
with London's benchmarks flat due to a hefty weighting to-
ward gold and oil, while markets in Paris and Frankfurt also
calmed. CAC and DAX declined while FTSE bounced back into
positive territory.
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
2
 Motilal Oswal Financial Services
MOSt Market Roundup
7th April 2017
Technical Commentary
TThe Nifty faced a wave of selling on signs of war clouds that saw the Nifty end below 9200. Opening lower on negative
global cues at 9223, the Nifty went up to hit 9250. Late selling on adverse geo-political news sent it reeling to 9188 to
end at 9188, down 63 points for a 0.69% loss. The MID100 shed 0.41% to end at 17,398 and the SML shed 0.92% to end at
7057. India VIX closed 3.56% higher at 11.6925. The overall market was divided 37:63 between advances and declines.
136 stocks hit their new 52 weeks' highs while 11 stocks hit their new 52 weeks' lows. Among the stocks that hit their
life time highs were D Mart, RBL Bank, Yes Bank, Max Financial , TVS Motor , Bajaj Finance, Cadila Health Care, MRF,
Havells, LIC Housing, Finance, Bajaj Finserv and Ultratech Cement. The Nifty is ahead of its 20, 50, 200 and 100 days
SMAs which are at 9120, 8927, 8568 and 8549 respectively. The Nifty is between its Pivot 9084 and R1 9308 for the April
F&O series. The RSIs of the Nifty on its monthly, weekly and daily charts are at 64+, 69+ and 62- respectively. The only
sector that ended in the green was Nifty CPSE which added 0.50%. Pharma led the losers shedding 1.76%. Media,
Metal, PSU Banks and Realty lost 1.00 to 1.50% each. Banks Nifty, Financial Services, Private Banks and Energy shed 0.50
to 1.00% each. Auto, FMCG, Commodity and Infra lost less than 0.50% each. BPCL led the gainers up 3.50%, followed by
IOC up 3.00%.
'Nifty index started to form lower highs from last two sessions and making a Bearish Candle on the daily chart. It has
broken immediate support of 9218 and now a hold below 9191 may drag it towards 9133 and 9090 levels. It formed a
Shooting Star candle on the weekly chart after making its new life time high of 9273 and now if follow up selling
happens then index could drift to lower level. On the upside it has immediate hurdle near to 9280.
Follow up - Open Recommendations
Date
TRADING CALL
3-Apr
7-Apr
7-Apr
7-Apr
Scrip
SRF
ARVINDFUT
ASIANPAINTFUT
NIFTYFUT
Reco
BUY
BUY
SELL
SELL
Price
1647.50
397.45
1085
9229.5
Lot
183
755
277
33
Close
1637.1
397.9
1078.95
9216
Target
1760
403
1070
9090
Stop Loss
1590
394.8
1093
9310
MTM +/-
-5450
129
1783
393
# 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
7th April 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
9,198
29,707
1,468
242
1,083
504
2,830
169
175
675
345
299
590
284
154
2,661
387
1,057
849
1,439
3,215
194
925
1,485
277
57
1,412
982
273
13
129
873
1,686
1,410
1,276
6,259
135
168
186
195
149
1,407
289
666
2,429
468
88
493
4,079
269
512
Low
9,188
29,668
1,461
241
1,073
503
2,795
168
174
643
342
298
585
280
153
2,654
384
1,050
847
1,429
3,196
192
921
1,466
276
56
1,404
979
271
13
128
870
1,671
1,406
1,269
6,236
135
166
186
195
149
1,403
288
662
2,392
467
86
491
4,065
268
509
S2
9,150
29,536
1,445
238
1,065
495
2,773
163
170
629
337
295
581
277
149
2,617
380
1,036
840
1,421
3,178
189
915
1,454
271
55
1,391
965
269
12
124
856
1,643
1,379
1,257
6,177
133
165
184
194
147
1,383
283
648
2,377
458
85
481
4,011
265
507
S1
9,174
29,621
1,457
240
1,074
500
2,802
166
172
652
341
297
586
281
152
2,639
383
1,047
845
1,430
3,196
191
920
1,469
274
56
1,402
973
271
12
127
864
1,664
1,395
1,266
6,218
134
166
185
194
148
1,395
286
657
2,403
463
86
487
4,045
267
509
PP
9,212
29,754
1,473
243
1,082
507
2,824
170
177
666
346
300
590
283
156
2,676
388
1,060
852
1,437
3,215
194
926
1,482
279
57
1,414
987
273
13
131
879
1,692
1,421
1,278
6,277
136
168
187
195
150
1,414
291
671
2,418
472
87
497
4,099
270
511
R1
9,237
29,839
1,485
246
1,091
512
2,852
173
179
689
350
302
594
287
158
2,698
391
1,071
856
1,446
3,234
197
931
1,497
282
59
1,424
995
274
14
133
888
1,713
1,437
1,287
6,318
137
170
188
196
152
1,426
294
680
2,444
477
88
503
4,133
272
514
R2
9,275
29,971
1,501
249
1,099
520
2,874
177
183
703
354
306
598
290
162
2,735
395
1,084
863
1,454
3,253
200
938
1,509
286
60
1,437
1,009
276
15
138
902
1,741
1,463
1,299
6,377
138
171
190
197
154
1,446
298
694
2,459
486
89
512
4,187
275
516
High
9,251
29,886
1,490
247
1,090
515
2,846
175
181
680
350
304
593
286
159
2,713
392
1,074
859
1,445
3,234
198
933
1,494
283
59
1,426
1,001
274
14
135
893
1,720
1,448
1,290
6,336
137
169
188
196
153
1,434
295
685
2,433
481
88
506
4,153
273
514
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
4
 Motilal Oswal Financial Services
MOSt Market Roundup
7th April 2017
MOSt Velocity / High Conviction
MOSt Velocity
Account Summary
Cash Market
Model Corpus Value
Total Return till date
Booked Profit
Unrealised Profit
Historical Performance
INR
1000000
1021091
1044266
-23175
102.1%
104.4%
-2.3%
Return %
Period
Benchmark Return % Portfolio
BSE200
NIFTY
Return %
Inception
92.0%
81.8%
102.1%
36 Months 49.5%
37.4%
72.4%
24 Months 10.1%
5.6%
16.5%
12 Months 25.6%
21.9%
25.5%
6 Months
6.1%
5.8%
1.7%
3 Months
12.8%
11.6%
16.8%
Relative Out Performance %
With Bse 200 With Nifty
10.1%
20.3%
22.9%
35.0%
6.5%
11.0%
-0.1%
3.7%
-4.4%
-4.1%
4.0%
5.2%
MOSt Velocity - Open Position
Stock Name
AUROPHARMA
LUPIN
SHRIRAMCIT
INFY
M&M
HEROMOTOCO
AMARAJABAT
Cash
Total
Sector Name
PHARMA
PHARMA
FINANCIAL
IT
AUTO
AUTO
AUTO
Cash
Reco Date
30-Jun-16
28-Feb-17
24-Oct-16
2-Aug-16
1-Nov-16
12-Jan-17
17-Feb-17
Wtg%
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
10.0%
30.0%
100.0%
CMP
658
1410
2259
982
1276
3215
892
High Conviction
Account Summary
Cash Market
Model Corpus Value
Total Return till date
Booked Profit
Unrealised Profit
High Conviction - Open Position
INR
300000
68355
72284
-3929
22.8%
24.1%
-1.3%
Return %
Stock Name
SRF
Reco Date
03-Apr-17
Reco Price
1658.57
CMP
1637.10
High Conviction Trading Idea Performance from Aug2016 to Mar2017
Remark
No. of Calls
Strike Rate
P&L
Aug'16
4
100%
41065
Sep'16
3
67%
-8626
Oct'16
4
50%
9328
Nov'16
5
60%
-2906
Dec'16
4
25%
-11721
Jan'17
6
67%
14962
Feb'17 Mar'17
4
75%
6327
4
100%
23855
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
5
 Motilal Oswal Financial Services
MOSt Market Roundup
7th April 2017
MOSt Multi Cap
MOSt Multi Cap- Performance
Returns
MOSt Multicap
Sensex
BSE 200
* Inception date: 31st Jan 2016
3mth
14.8%
11.2%
13.7%
6mth
4.1%
6.3%
7.3%
1yr
45.7%
16.9%
22.5%
Since inception*
46.3%
19.1%
25.1%
Data as on 31st March 2017
MOSt Multi Cap- Open Positions
Stock 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
Equitas Holdings Ltd
Ramco Cements Ltd
Cash
Total
Sector Name
Financial
Automobiles
Media
Banking
Capital Goods
Financial
Automobiles
Agriculture
Textiles
Financial
Oil & Gas
Pharma
Cement
CMP
625
3215
548
1439
215
2339
223
832
1637
2259
423
165
674
Allocation (%)
10
10
10
10
5
5
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
MOSt Market Roundup
7th April 2017
Economic Events Calendar, April 2017
Motilal Oswal Securities Ltd., Motilal Oswal Tower, Level 6, Sayani Road, Prabhadevi, Mumbai 400 025
7
 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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Statement in this document. This should, however, not be treated as endorsement of the views expressed in the report.
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Disclosure of Interest Statement
1.Analyst ownership of the stocks mentioned above
2.Served as an officer, director or employee
No
No
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