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Morning Note

18 OCT 2012
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DATA MATRIX OF LAST SESSION


INDEX Sensex Nifty Midcap Smallcap Close 18611 5660 6630 7132 %Chg 0.18 0.21 -0.05 0.30

FIRST LIGHT HEADINGS


Filatex Fashions board to consider fund raising MSP Steel & Power board approves equity share issue BPL reports net loss of Rs 2.40 crore in Q2 Infotech Enterprises reports 76% rise in Q2 net profit Power Grid Corporation of India explores entry into 'Wire Business' Karnataka Bank reports stellar Q2 numbers Unichem Laboratories receives USFDA approval for Irbesartan Tablets

VALUE TRADED (Rs Crs)


BSE NSE F& O Total Total Volume 2067 10453 133762 146282

%Chg
-29.60 -2.66 -7.89 -7.94

MARKET INSIGHT
On Wednesday 17 Oct 2012, Asian pacific markets, tracing overnight gains of Wall Street, climbed the most in the month before U.S. new-home construction report. U.S. data today may show housing starts climbed to the highest level in four years in September, following a report yesterday showing industrial production grew better than economist estimates. Additionally, European shares too were on gaining spree after two German lawmakers said the country is open to credit aid for Spain before a summit of European Union leaders tomorrow. Further, the gains in European markets were also thanks to Spain clinging on to its investment-grade debt rating. Closer home, Consumer Durable, Capital Goods and Auto counters were the bright spot of the trade. Inversely, Realty, Oil & Gas, Metal and Information Technology emerging as the weak spell of trade, dragged the markets lower. Meanwhile, cement stocks were hit by profittaking ahead of a slew of earnings results due on Thursday. ACC, Ultra Tech Cement, Ambuja Cements shares softened in the range of 0.50-2.50%. On the flip side, shares of aviation firms, namely, Kingfisher Airlines, Spicejet, managed a flight of safety after government took-off airport development fee (ADF) from Delhi, Mumbai airports. At present, Delhi Airport charges ADF of Rs 200 per domestic and Rs 1,300 per international passenger, while Rs 100 and Rs 600 respectively at Mumbai. The market breadth on the BSE ended negative; advances and declining stocks were in a ratio of 1331:1543 while 129 scrips remained unchanged. (Provisional)

NET INFLOWS (Rs Crs)


FIIs DIIs 35.5 (248.4)

%Chg
-117.41 -141.72

FII OPEN INTEREST (Crs)


FII Index Futures FII Index Options FII Stock Futures FII Stock Options 14811.46 51894.07 30570.39 2750.95

%Chg
0.29 2.70 0.73 4.23

World Indices
Dow Jones Nasdaq FTSE 100 13557 3104 5911

%Chg
0.04 0.10 0.68

Commodity
Crude (US$/bl)

%Chg
92.2 1751.1 0.05 -0.06

Gold (US$/oz) Top 5 Movers LUPIN TATAPOWER CAIRN RANBAXY LT

Close Price
571.80 103.80 340.30 550.8 1630.05

%Chg
2.93 2.06 1.72 1.64 1.51

The BSE Mid-cap index was down by 0.06% while Small-cap index was up 0.32%. On the BSE Sectoral front, Consumer Durables up by 0.83%, Capital Goods up by 0.66%, FMCG up by 0.46%, Auto up by 0.44% and HealthCare up 0.42% were the top gainers, while Realty down by 0.72%, Oil & Gas down by 0.65%, Metal down by 0.21% and IT down by 0.12% were the only losers in the space. India VIX, a gauge for markets short term expectation of volatility lost 2.56% at 15.17 from its previous close of 15.57 on Tuesday. The S&P CNX Nifty gained 12.25 points or 0.22% to settle at 5,660.25.The index touched high and low of 5,684.35 and 5,633.90 respectively. 28 stocks advanced against 21 declining ones while 1 stock remained unchanged on the index. (Provisional) Most of the Asian stock markets went home with a green mark on Wednesday as Moody's reaffirmed its rating on Spanish debt, which helped Australian and Hong Kong shares to touch biggest gains in almost three weeks. Meanwhile, South Korea's Kospi closed with modest gains, as stronger local currency helped boost airlines and builders. Shanghai Composite ended in green ahead of Thursday's growth data.

Top 5 Loser
DLF AMBUJACEM GAIL ACC RELIANCE

Close Price
200.70 203.85 371.00 1425.85 803.10

%Chg
-3.51 -2.67 -1.96 -1.37 -1.15

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SEBI SEBI Regn No. BSE: INB010985834 / NSE: INB230781431 Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INPMS Regn No. INP000002387 Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Mansukh Securities and Finance Ltd

Morning Note
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

QUANTITATIVE ANALYSIS : After flip-flopping for the entire trading session, benchmark equity indices finally settled in the favour of green in choppy session of trade on Wednesday. Absence of any significant trigger at domestic front, mainly kept the trade lackluster at Dalal Street. However, the support which emerged at intra-day low level in the last leg of the trade pushed the frontline equity indices in the positive terrain. Further, even the positive global set-up spelled some optimism in Indian equity markets. Thus, in the high volume session of trade, 30 share index, Sensex, eked out gains of over quarter points, to shut shop above crucial 18600 levels, while 50 share index, Nifty, too managed to lure modest traction, to end above the psychological 5650 level. For the upcoming sessions we believe spot index may continue its northward journey though next level of resistance could be around 5850-5870. Any break out above this range with substantial volumes may further boost the current sentiment . On the flip side 5380-5400 still act as a crucial support level. HAPPY TRADING.....

TODAY'S MARKET LEVELS


Index
SENSEX NIFTY BANKNIFTY

Support 2
18177 5555 11034

Support 1
18305 5612 11202

Previous Close
18611 5660 11373

Resistance 1
18796 5696 11692

Resistance 2
19098 5722 11779

Trend
Rangebound Rangebound Rangebound

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

SEBISEBI RegnINB 010985834, F&O: INF 010985834 Reg.No: BSE: No. BSE: INB010985834 / NSE: INB230781431 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INPMS Regn No. INP000002387 Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Mansukh Securities and Finance Ltd

Website: www.moneysukh.com

Morning Note
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NAME
Varun Gupta Pashupati Nath Jha Vikram Singh

DESIGNATION
Head - Research Research Analyst Research Analyst

E-MAIL
varungupta@moneysukh.com pashupatinathjha@moneysukh.com vikram_research@moneysukh.com

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Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

SEBI SEBI Regn No. BSE: INB010985834 / NSE: INB230781431 Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INPMS Regn No. INP000002387 Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Mansukh Securities and Finance Ltd

Website: www.moneysukh.com

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