| Morning Notes |
| 19th Nov, 2019 |
|
 |
| |
Trading Range:
Nifty opened gap up at 11915 on Monday and made a high and low of 11946 and 11868 respectively before closing flat at 11885.
Review/Outlook:
For the day, support for Nifty exists at 11840 and 11790 levels whereas resistance for Nifty stands at 11950 and 12020 levels.
Review/Outlook:
Bank Nifty opened gap up at 31037, made a high of 31204, low of 30902, and closed flat at 30992. For the day, support for Bank Nifty exists at 30800 and 30500 levels whereas resistance for Bank Nifty stands at 31300 and 31500 levels. |
|
| Benchmark Indices |
| Index |
Clsg |
Chg% |
| Sensex |
40,284 |
-0.18 |
| Nifty |
11,885 |
-0.09 |
| BSE 200 |
4,974 |
+0.01 |
| BSE Midcap |
14,838 |
+0.44 |
| BSE Smallcap |
13,363 |
+0.27 |
| Dow Jones |
28,036 |
+0.11 |
| NASDAQ |
8,549 |
+0.11 |
|
|
| |
DERIVATIVES INDICATORS FOR NOV 19, 2019:
| NIFTY |
11884.50 (-10.95) (-0.09%) |
| NIFTY NOV FUTURE |
11920.90 (36.40 Points Premium) |
| NIFTY PCR - OI |
1.32(-0.07) |
| NIFTY OPEN INTEREST |
1.65Cr. (+0.20%) |
| INDIA VIX |
15.75 (+4.82%) |
| NIFTY ROLLOVER |
6% |
|
|
NIFTY OPTIONS ACTIVITY (28-NOV SERIES)
| CALL |
12000 CE +1.64 lac Shares |
| CALL |
11900 CE +1.34 lac Shares |
| PUT |
11800 PE +1.31 lac Shares |
| PUT |
11900 PE +1.23 lac Shares |
|
|
| Sectoral Indices (BSE) |
| Index |
Clsg |
Chg% |
| Auto |
18,175 |
-0.55 |
| Bankex |
35,158 |
+0.04 |
| PSU |
6,967 |
+0.69 |
| Healthcare |
13,160 |
+1.21 |
| IT |
15,211 |
-0.28 |
|
|
| Market Turn Over (`cr) |
| Index |
18/11 |
15/11 |
| BSE Cash |
2,448 |
2,542 |
| NSE Cash |
33,619 |
39,175 |
| NSE F&O |
753,248 |
862,939 |
| BSE Delivery % |
43.74 |
41.03 |
|
|
| Advances / Decines BSE Cash |
|
Adv(%) |
Dec(%) |
| BSE 100 |
56.44 |
43.56 |
| BSE 200 |
52.24 |
46.77 |
| BSE 500 |
49.90 |
48.90 |
| Total BSE |
42.19 |
50.42 |
|
|
| Commodities, Forex & Debt |
|
Clsg |
Chg% |
| Crude Oil NYMEX $ bl |
57.05 |
-1.16 |
| Gold Rs./ 10 Gms |
38229.00 |
+0.62 |
| Silver Rs./ Kg |
44685.00 |
+0.54 |
| Rs.- US $ |
71.94 |
+0.43 |
| Rs.- Euro |
79.66 |
+0.62 |
|
|
| FII (Rs cr ) |
|
18/11* |
15/11* |
| FIIs |
-1166.87 |
-431.03 |
| MFs |
- |
- |
*Date refers to the day of activity and not the day on which it is reported. |
|
|
|
| Details |
Buy |
Sell |
Open interest at the
end of the day |
Net Position |
|
|
No. of
Contracts |
Value
(Rs. Cr) |
No. of
Contracts |
Value
(Rs. Cr) |
No. of
Contracts |
Value
(Rs. Cr) |
Value
(Rs. Cr) |
|
| Index Futures |
25,905.00 |
1,966.13 |
30,730.00 |
2,265.06 |
2,14,873.00 |
17,811.82 |
(298.93) |
| Index Options |
21,62,684.00 |
1,51,563.79 |
21,57,978.00 |
1,51,150.34 |
6,53,364.00 |
54,062.54 |
413.45 |
| Stock Futures |
1,85,028.00 |
10,253.84 |
1,83,299.00 |
10,377.43 |
15,69,560.00 |
92,174.67 |
(123.59) |
| Stock Options |
74,790.00 |
4,481.22 |
75,360.00 |
4,530.64 |
93,383.00 |
5,339.34 |
(49.42) |
| Total |
24,48,407.00 |
1,68,264.98 |
24,47,367.00 |
1,68,323.47 |
25,31,180.00 |
1,69,388.37 |
(58.49) |
|
|
| Corporate News |
HeidelbergCement Group on Monday announced that it is looking for acquisitions, taking up some brownfield expansions and giving a stronger push for ‘Zuari’ brand in the South. (BL). |
Mahindra & Mahindra and Ford India have kicked off the process of forming ‘matched pairs’ to leverage common competencies. (ET). |
Tata Motors on Monday announced a partnership with Lithium Urban Technology, a commercial electric vehicle (EV) fleet provider, bagging an order to supply 500 EVs to Lithium Urban Technologies. Tata Motors and Lithium signed a contract for 400 newly-launched Tigor Sedan EV, with an extended range of 213 km, to be supplied by FY20 and deployed across India, Tata Motors said in a release. (BL). |
Budget carrier GoAir said on Monday it has inked a pact with Dubai-based Emirates National Oil Company (ENOC) for the supply of jet fuel to the carrier. GoAir currently operates to eight international destinations and half of them fall in the Gulf region. (ET). |
Tata Steel will be in focus as the co has outline the proposal to transform and build strong European business.The programme is focused on four areas:1) Increasing sales of higher-value steels by improving product mix and customer focus2) Efficiency gains by optimising production processes, supported by the application of big data and advanced analytics3) Lowering employment costs4) Reduction of procurement costs. (BQ). |
Telecom stocks will be in focus as Bharti Airtel and Vodafone Idea announced plans to increase tariffs from next month, days after the Supreme Court ordered India’s struggling telecom operators to pay pending dues worth thousands of crores. (BQ). |
Maruti Suzuki launched BS-VI compliant Wagon R variant for petrol. The Co Raising Prices Of All Variants Of Wagonr 1.0 Litre (Petrol) Car. (BQ). |
ICICI Bank plans ₹20,000 cr capital boost via QIP. (Mint). |
|
|
| Economy and Sector News |
In further strengthening its position in India’s pharma and healthcare space, global private equity investor, Advent International on Monday announced picking up majority stake in Bharat Serums and Vaccines Limited (BSV). Advent informed that it has entered into a definitive agreement to acquire a majority stake in BSV- a biopharmaceutical leader in women’s healthcare and assisted reproductive treatment. (BL). |
Global trade in goods is expected to be below trend in the fourth quarter of 2019 due to increase in trade tensions and tariffs in key sectors but there is a slight improvement since August this year, according to the latest projections by the World Trade Organisation’s Goods Trade Barometer. The indicator’s reading of 96.6 marks a slight improvement compared to the 95.7 registered in August, but it remains well below the index’s baseline value of 100, signalling below average growth. (ET).
|
Japan's Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. The leak into internal circuit boards will trigger a warning to drivers, which if ignored may lead to a fire in “rare instances,” Nissan said in a filing dated November 8 with the National Highway Traffic Safety Administration (NHTSA) under recall number 18V-601. (BL). |
Indicating some recovery in the aviation sector due to the tourist season, the domestic air passenger traffic this October increased by 3.98 per cent compared to the same month last year, according to data released by the DGCA on Monday. In September this year, the domestic passenger growth was just 1.18 per cent compared to the same month last year. The domestic air traffic last month consisted of 12.31 million passengers compared to 11.84 million passengers in the same month last year, a jump of 3.98 per cent, as per data. On the date for October, Directorate General of Civil Aviation (DGCA) said, the passenger load factor in the month of October 2019 has shown increasing trend compared to previous months primarily due to the onset of tourist season. (ET). |
* ET - Economic Times, BS - Business Standard, BL - Business Line, TOI - Times of India, Mint, IE - Indian Express, BT - Business Today, IE - Indian Express |
|
|
| Global Markets |
| |
DJIA and NASDAQ Composite
US markets on Monday barely extended the previous session’s closing records as investors waited for concrete progress on U.S.-China trade relations after mixed headlines. The Dow Jones Index closed at 28,036,
up 31.33 points by 0.11%. The Standard & Poors 500 index closed at 3,122, up 1.57 points by 0.05%. The Nasdaq Composite Index closed at 8,549, up 9.11 points by 0.11%.
FTSE 100
UK markets edged higher on Monday at the start of the week despite conflicting reports regarding the status of ongoing trade talks between Washington and Beijing and strength in Sterling. The FTSE 100 index closed at 7,308, up 4.76 points by 0.07%. |
| |
|
|
| Global Indices |
| 18/11/2019 |
Clsg |
Chg% |
| Dow Jones |
28,036 |
+0.11 |
| NASDAQ |
8,549 |
+0.11 |
| FTSE 100 |
7,308 |
+0.07 |
| Bovespa |
106,269 |
-0.27 |
| 19/11/2019 |
Latest
(4:50AM IST) |
Chg% |
| Nikkei |
23,417 |
+0.49 |
| Hang Seng |
26,681 |
+1.35 |
|
Nikkei
Asian stocks started trading early in the morning on Tuesday on a positive note as the investors will be watching the markets closely. Nikkei is currently trading at 23,417, up 113.44 points by 0.49%.
Precious Metals
Gold futures ended higher on Monday, getting a boost as Treasury yields fell and the dollar weakened — lifting investor demand for the haven metal.
Base Metals
The three-month lead price on the London Metal Exchange was lower at the close of trading on Monday November 18, with the price settling below the $2,000 per tonne support level for the first time since September, while continued inflows pushed aluminium futures lower.
Crude Oil
Oil futures settled lower on Monday, after posting back-to-back weekly gains on rising hope for a so-called phase-one U.S.-China trade deal. |
| |
|
| |
 |
| |
Retail Research Desk:
Akhil Rathi D: 91 22 2858 3210
Hrishikesh Yedve D: 91 22 2858 3207
Vrinda Aditya D: 91 22 2858 3209
Neeraj Sharma D: 91 22 2858 3208
Rohan Gawale D: 91 22 2858 3213
Karan Desai D: 91 22 2858 3221
Email: retailresearch@acm.co.in
Research Analyst Registration Number:
INH000002483
CIN: U65990MH1993PLC075388 |
| |
 |
| |
Follow us on: |
|
|
 |
| |
     |
|
|
Information pertaining to Asit C. Mehta Investment Interrmediates Limited (ACMIIL):
ACMIIL is a SEBI registered Stock Broker, Merchant Banker and Depository Participant. It is also a AMFI registered Mutual
Fund Distributor. It does not have any disciplinary history. Its associate/group companies are Asit C. Mehta Commodity
Services Limited, Asit C. Mehta Realty Services Pvt. Ltd, Asit C. Mehta Forex Pvt. Ltd, Nucleus IT Enabled Services , Asit C.
Mehta Financial Services Limited (all providing services other than stock broking and merchant banking).
Disclosures
ACMIIL/its associates and its Research analysts have no financial interest in the companies covered on the report. ACMIIL/
its associates and Research analysts did not have actual/beneficial ownership of one per cent or more in the companies
being covered at the end of month immediately preceding the date of publication of the research report. ACMIIL/its associates
or Research analysts have no material conflict of interest, have not received any compensation/benefits for any
reason (including investment banking/merchant banking or brokerage services) from either the companies concerned/third
parties with respect to the companies covered in the past 12 months. ACMIIL/its associates and research analysts have
neither managed or co-managed any public offering of securities of the companies covered nor engaged in market making
activity for the companies being covered. Further, the companies covered neither are/nor were a client during the 12
months preceding the date of the research report. Further, the Research analyst/s covering the companies covered herein
have not served as an officer/director or employee of the companies being covered.
Disclaimer:
This report is based on information that we consider reliable, but we do not represent that it is accurate or complete and
it should not be relied upon such. ACMIIL or any of its affiliates or employees shall not be in any way responsible for any
loss or damage that may arise to any person from any inadvertent error in the information contained in the report. To
enhance transparency we have incorporated a Disclosure of Interest Statement in this document. This should however not
be treated as endorsement of the views expressed in the report. |
| |
|
|
|
|
|
|
|