May30,2013

Niftyintraday
6,150
6,120
6,090
6,060
6,030
9:00

11:10

12:15

13:20

14:25

15:30

Niftysectorperformance
6140
6120 6,111

(0)

(2)

(2)

(3) (5)

(13)
6,105

6100
6080
6060

NiftyClose

Banks

IT

CapGoods

6040

ResultsPreview:M&MRevRs101bn(8%yoy)PATRs7.4bn
(3.7%yoy)

10:05

Cement

F&O
MTD
YTD
714 18,708
79,866
(3,093)
(11,684)

%change
1day
3mth
YTD
0.0
1.2
1.5
0.2 (11.6)
(16.7)
(0.8)
(7.1)
(8.5)
0.6
(6.8)
(10.4)
0.8
(9.7)
(9.8)
%change
1day
3mth
YTD
0.4
(3.2)
(2.1)
0.0
(0.2)
(6.9)
0.2
(0.7)
(1.8)
(0.1)
(8.4)
(14.2)

29May13
28May13
514
718
844
667
99
92
0.61
1.08

%chg
9,590
(17.9)
1,712
(3.6)
11,302
(16.0)
40.3
0.0
199,508
381.6

Lastclose
Bpschg
7.17
0.04
7.30
0.00

Metals

Cash
977
(171)
644
(308)

Lastclose
93.2
1,396
7,232
1,829
1,849

Lastclose
56.17
1.51
1.30
101.10

Power

YTD
2.2
(10.4)
(7.0)
0.5
5.1

Telecom

YTD
16.8
14.8
15.6
12.4
9.1
9.5
(0.5)
34.5

Anormalexpiry!

LookslikeyoudidntneedtosellinMayandgoaway

after all. Unless something catastrophic happens,

theindicesaresettomoveintoJunewithgainsfor

the month. The F&O expiry today may show the

usualchoppinessespeciallytowardsclose.

The start is set to be lower given the weak global

cues. US indices fell with the Dow and S&P
shedding 0.7% while Nasdaq weakened by 0.6%.
Asian markets are mixed. Japan's Nikkei is down
over 2% and Hong Kong's Hang Seng index is
marginally higher and so is South Korea's Kospi

index.China'sShanghaiindexwasatadlower.

9 companies are set to roll out their OFS today to

meetminimumshareholdingnormof25%.Thishas
thepotentialtooffsetanyrallyontheboursesinthe
shortterm. The Indian economy pipped Japan to
emerge as the World's third biggest economy. This
ata time whenties betweenthetwocountriesare
atacrescendoasourPMvisitstheislandnation.

Oil&Gas

YTD
3.7
3.4
2.2
1.1
(7.0)
(17.9)
1.2
2.8

Auto

%change
3mth
6.8
7.2
6.7
6.2
4.9
(2.4)
6.7
5.9
%change
1day
3mth
(0.7)
8.9
(0.6)
9.7
(0.7)
8.8
(2.0)
4.2
(1.9)
6.7
(1.7)
7.7
(0.0)
(2.0)
(2.4)
20.9
%change
1day
3mth
(0.2)
(2.0)
(2.5)
(4.9)
(0.3)
(7.9)
0.2
(1.0)
(1.1)
1.8

1day
(0.1)
(0.1)
(0.3)
(0.3)
(0.6)
(0.2)
(0.4)
(2.2)

FMCG

Lastclose
20,148
6,104
6,105
2,452
7,911
6,059
6,094
19,773

Lastclose
15,303
3,468
1,648
6,627
3,974
8,337
22,552
13,977

Lastclose
2,319
54,635
40,639
2,006
3,330

Healthcare

Prvclose

Indianmarket

Sensex
Nifty
BSE100
BSE200
CNXMidcap
BSESmallCap
BSE100Futs
SensexFuts
Developedmarket

DowJones
Nasdaq
S&P500
FTSE
CAC
DAX
HangSeng*
Nikkei*
Emergingmarket

ShanghaiComp
BrazilBovespa
MexicoBolsa
Kospi*
Straits*
*Marketsareopen
Institutionalactivity
(Rscr)
FIIs
MFs
FIIsProv.
MFsProv.
Commodities

Crude(US$/bbl)
Gold(US$/oz)
Copper(US$/mt)
Aluminium(US$/mt)
Zinc(US$/mt)
Currency

Rs/US$
US$/GBP
US$/EUR
Yen/US$
Advance/Declinestocks
(Nos)
Adv
Dec
Unch
A/Dratio(x)*
*A/DexcludingUnch
Tradevalue
(Rscr)
CashNSE
CashBSE
TotalCash
Delivery(%)
Derivatives
BondMarket

10yrGsec
Callrate

News
Corporate snippets

Thursday to meet SEBIsminimum public

shareholdingrequirementof25%.(BL)

S&P has upgraded RILs longterm corporate

credit rating by a notch to BBB+, which is an
investment grade rating. However, the outlook
hasbeenkeptatnegative.(ET)
Apollo Tyres has sold a part of its South African
operations to Sumitomo Rubber Industries for
US$60mn,includingtheLadysmithcartyreplant.
(ET)
Communications Minister has approved a
telecom department proposal to slap Rs6.5bn
penaltyonBhartiAirtel,forprovidingsubscriber
localdiallingservicesin13regionsbetween2003
and2005.(ET)
HDILhasreceivedaterminationnoticefromthe
Mumbai International Airport for its 275acre
slumrehabilitationproject,citingnoncompletion
oftheprojectontime.(ET)

Economy snippets

A group of ministers approved a bill seeking to

set up a regulatory authority for the coal sector
to address issues such as pricing, supply and
quality.(ET)
The 51% FDI cap on multibrand retail may
include foreign portfolio investment, as the
government is keen to ensure the restriction on
foreignownershipisnotbreached.(ET)
Economicslowdownandstressedbalancesheets
of companies are forcing domestic banks to
exercise caution in extending loans, which
dropped by Rs104.77bn in the fortnight to May
17. Lending by commercial banks stood at
Rs53.3trn as on May 17, down nearly 0.2% over
thepreviousfortnightslevel.(ET)

Jubilant Life Sciences is splitting its

pharmaceutical business into two subsidiaries
withdrugdevelopmentsettobecomeaseparate
entityandisexploringoptionstolistthepharma
verticaltoreducedebt.(ET)

The Organisation for Economic Cooperation and

Development lowered itsearlierprojection of
Gross Domestic Product growthonIndiafrom
5.9%to5.3%in2013.(BS)

AftertastingfairamountofsuccessinIndiaanda
few other emerging countries, Tata Consulting
Servicesisforayingintothegovernmentvertical
intheUS.(BS)

The Reserve Bank of India will conduct the

auction of new inflationindexedbondsmaturing
in 2023 on June 4 for a notified amount of
Rs10bn,saidapressrelease.Theauctionwillbe
conductedusingtheuniformpricemethod.(BS)

Neyveli Lignite Corporation hasannouncedits

plans to invest around Rs290bn to set uppower
projectswith a capacity of around 8,450 Mw.
These projects are expected to go on stream by
theendof13thFiveYearPlan.(BS)
Multinational drugmaker Pfizer and a key
associationoftheIndianpharmaceuticalindustry
have locked horns over the protection of
intellectualpropertyinIndia.(BL)

Indias airlines posted a combined loss of

US$1.65bnin201213,downfromapproximately
US$2.28bn the previous year, according to a
reportbyCentreforAsiaPacificAviation.(BL)

Resultstable
Rsm
BEML
BGREnergy
BPCL
Cipla
GodfreyPhillips
HathwayCable
JKLakshmi
Cement
MaxIndia
NMDC
OCLIndia
ONGC
TataMotors

Balmer Lawrie & Co Ltd plans to acquire

adomesticcompany offering tour operating
services. Its travel services arm garnered
revenues of Rs11.32bn during 201213,
accounting for nearly 44% of the companys net
sales.(BL)
Jet Airways said that its promoter, Tail Winds
Ltd, has set a minimum price of Rs 510 a share
for the 5% stakesale that will happen on

Revenues
11,220
10,634
663,107
19,667
6,058
2,312

YoY%
41.4
(6.5)
2.5
5.4
7.3
70.7

PAT
854
539
47,973
2,676
598
283

YoY%
NA
(19.8)
21.1
(8.3)
42.4
NA

5,358

1.7

333

10.0

1,812
32,043
4,860
218,299
560,016

(6.8)
23.5
42.4
12.9
10.0

157
14,649
318
33,887
39,455

NA
(10.8)
NA
(40.0)
(36.7)

Technicals
Niftyprice/volume

TradingStrategy

NSE Nifty [N59901] 6120.45, 6125.05, 6069.80, 6104.30, 510786848 -0.11%

Price Avg3(S,100,S,200,S,50)

Log

McleodRussel(BUY,aboveRs302,TargetRs315,SL
Rs297):Thestockhassignaledatrendreversalafter
it took support around Rs298 following recent
decline from the peak of Rs386 in February 2013.
SamelevelalsocoincideswiththesupportofLower
Bollinger Band. Moreover, an appearance of bullish
engulfinglineonWednesdayalongwithabuysignal
intheRSIsuggestapullbackaftertherecentfall.The
upsideprojectionoftherecoveryisexpectedtotake
stock price back towards Rs320. And hence risk
reward ratio favors argument on the long side from
currentlevels.(Duration5days)

IRIS
6200
6000
5800

5600

5400

Source : www.SpiderSoftwareIndia.Com
Vol

Cr
100
50.00

12:D

13:J

Dly

Markets remained volatile on Wednesday, as late

recovery helped Nifty to regain its control over
6,100.Howevertocomeoutofvolatiletradingzone,
Nifty needs to cement its position above 6,120 this
weekandthatwillconfirmthatthepreviousuptrend
islikelytocontinue.

Support/Resistancelevels*

Nifty
Sensex
CNXIT
CNXBankex
NiftyJunior
*basedonpivotcalculations

Close
6,104
20,148
6,396
12,853
12,423

Support
6,049
19,976
6,259
12,695
12,293

CMP
428
5,250
1,483
748
825
69
68
217
594
306

10Days
MVGavg
422
5,173
1,463
738
814
68
67
214
587
302

Price%
chg
1.6
1.5
1.4
1.4
1.3
1.2
1.2
1.2
1.1
1.1

Volumetoppers
Company
Concor
GEShip
JPInfra
Mphasis
ExideInd.

Delivery
(%)
34.8
94.4
37.7
54.4
25.1
21.9
37.1
41.9
70.8
34.2

Companyname
EIH
EssarOil
ChambalFert.
IIFL
Voltas
IDFC
Biocon
UCOBank
SAIL
CentralBank

Price(Rs)
1,130
252
36
449
139

Price%chg
4.5
2.3
(9.6)
3.0
(1.1)

Vol%chg
4,202
1,065
925
574
528

CMP
58
78
46
66
86
155
273
77
60
67

10Days
MVGavg
59
79
47
68
87
159
279
78
61
69

Price%
chg
(1.8)
(1.9)
(1.9)
(1.9)
(2.0)
(2.0)
(2.0)
(2.1)
(2.1)
(2.1)

Delivery
(%)
83.5
21.0
35.8
52.9
44.3
52.5
46.8
32.0
40.3
39.6

Toplosers

Topgainers
Company
SunPharma
Concor
RajeshExp
PiramalEnt.
GodrejInd
Mphasis
GSKCons.
TataMotors
GEShip
HeroMoto

Negativebreakout

Positivebreakout
SunTV
Nestle
ColgatePal.
HCLTech
BataIndia
JainIrrigation
DishTV
MothersonSumi
HUL
GodrejInd

Resistance
6,130
20,228
6,474
12,932
12,492

Companyname

Price(Rs)
1,066
1,130
128
570
306
449
5,197
304
252
1,789

Price%chg
7.0
4.5
3.8
3.2
3.2
3.0
2.8
2.7
2.3
2.2

Company
JPInfra
AdaniPower
JswEnergy
Unitech
IBReal
IVRCL
UnionBank
JPAssoc.
UnionBank
GMRInfra

%YTDchg
44.8
22.8
(7.5)
9.2
(1.4)
16.8
36.6
(2.8)
(4.8)
(5.9)

Price(Rs)
36
55
57
25
78
19
226
69
226
21

Price%chg
(9.6)
(4.9)
(4.6)
(4.4)
(3.8)
(3.6)
(3.5)
(3.5)
(3.5)
(3.4)

%YTDchg
(30.5)
(11.7)
(15.8)
(25.7)
3.7
(59.4)
(17.6)
(28.6)
(17.6)
9.3

Note:
1. IdeasgivenundertheTechnicalssectionareforintradaypurposeoruptoaperiodofthreetradingsessions.Stocksrecommendedunderthisheadingarenot
necessarilypartofourfundamentalbuyorselllist.
2. DataintheabovetablecomprisesBSE200Indexstocks.

Pivot & Deals

Movingaverage&pivottable(Nifty50)
CMP
Company
(Rs) Support* Resistance*
ACC
1,236
1,206
1,266
AmbujaCem
184
182
187
AsianPaints
4,815
4,735
4,895
AxisBank
1,460
1,434
1,485
BajajAuto
1,825
1,781
1,868
BOB
679
670
689
BHEL
204
197
211
BPCL
379
370
388
BhartiAirtel
315
308
322
CairnIndia
288
282
294
Cipla
402
391
412
CoalIndia
327
323
332
DLF
211
204
217
DrReddy
2,123
2,065
2,180
GAIL
322
311
332
GrasimInd
2,893
2,788
2,998
HCLTech
748
732
763
HDFCBank
716
701
731
HeroMoto
1,789
1,736
1,842
HindalcoInd
110
108
113
HUL
594
589
599
HDFC
911
888
933
ICICIBank
1,215
1,191
1,239
IDFC
155
151
160
INFY
2,352
2,294
2,410
ITC
343
337
348
JPAssoc.
69
66
73
JSPL
300
290
311
KotakBank
777
760
795
L&T
1,446
1,427
1,465
LupinLtd
763
736
790
M&M
961
938
984
Maruti
1,634
1,593
1,675
NTPC
154
152
156
ONGC
335
330
340
PowerGrid
114
112
115
PNB
802
789
816
Ranbaxy
385
375
395
RIL
848
832
864
RelInfra
387
378
397
SesaGoa
159
154
164
Siemens
584
568
599
SBI
2,106
2,065
2,148
SunPharma
1,066
1,005
1,126
TCS
1,497
1,455
1,540
TataMotors
304
294
314
TataPower
90
89
92
TataSteel
315
304
325
UltraCemco
1,978
1,935
2,022
*basedonpivotcalculations

50
DMA
1,200
181
4,776
1,397
1,802
690
189
394
302
293
399
307
239
1,946
328
2,910
754
668
1,607
98
521
841
1,113
151
2,522
319
72
325
696
1,472
690
911
1,535
149
320
109
761
442
805
375
156
543
2,206
918
1,490
285
95
313
1,903

Bulkdeals
200
DMA
1,326
195
4,308
1,292
1,877
744
217
371
298
319
390
341
232
1,823
350
3,089
661
650
1,770
111
513
799
1,086
156
2,528
293
82
382
650
1,527
614
883
1,445
158
296
114
791
485
823
467
172
627
2,206
768
1,376
281
100
373
1,906

Date

24May
24May
24May
24May
23May

AIAEng
TTKHealth
AIAEng
IVRCLLtd
IVRCLLtd

29May
28May
28May
28May

B/S

Avg
price
(Rs)

Idbi

3,000

FarmEnterprises

20,400

828

MacquarieBank

1,533

116

MerrillLynch

1,247

116

Idbi
SmallCapWorld
FndInc
Rbs
HdfcEquityFund
MerrillLynch
AmbitSecurities

2,000

B
B
S
S
B

500
51
500
1,949
2,264

288
573
288
19
20

Institution

Insidertrades
Date
22Apr
10May
10May
13May
17May
17May
17May
13May
13May
07May

Company
IndusindBank
LupinLtd
LupinLtd
AXISBankLtd
AstraMicrowave
ECEInd
ECEInd
AmtekAuto
AmtekAuto
AartiDrugs

Name
AnilMRao
VKothiwale
VKothiwale
UnitedIndiaIns
BReddy
PMohta
PMohta
ForbesBuilders
ForbesBuilders
AartiInd

B/S
S
S
S
S
B
B
B
B
B
S

Qty
('000)
5
0
0
3
27
383
383
73
73
51

FIIstrades
Scripname
FutureRetail
SouthInd.Bank
PNB
Indusind.Bank
Grasim

Volume('000)
0
0
0
0
0

Price(Rs)
137
25
860
523
2,967

Prem/Disc(%)
0.0
1.0
7.1
1.3
2.7

Price%chg
(0.1)
(1.3)
(2.1)
(0.2)
(2.5)
(1.4)
0.4
(0.4)
(2.0)
5.5
0.0
(1.4)

%Prem/Disc
0.1
8.6
8.2
(0.2)
(1.0)
0.3
(0.5)
30.9
0.6
4.8
1.8
0.0

ADR/GDR

Dr.Reddys
HDFCBk
ICICIBk
ITC
Infosys
Ranbaxy
Reliance
Wipro
SBI
TataMotors
Sterlite
L&T

Globalpivottable
Index
CMP(Rs) Supp1 Supp2
Pivot
Res1
DowJones
15,303 15,221 15,132 15,311 15,392
S&P500
1,648
1,640
1,632
1,648
1,657
DAX
8,337
8,287
8,208
8,366
8,416
HangSeng
22,552 22,513 22,453 22,572 22,611
Nikkei
13,977 13,872 13,759 13,985 14,090
Apivotisalevelatwhichthemarketdirectionchangesfortheday.Thesepoints
canbecriticalsupportandresistancelevelsforthatday.Pivotlevelsareonly
broadindicatorsandnotnecessarilyourviewonthestockorindex.

28May

Scripname
S.Kumars
Nation
Reliance
Industries
Standard
ChartPLC
Standard
ChartPLC
S.Kumars
Nation

Qty
('000)

Latest(US$)
37.8
41.5
46.8
6.1
41.5
6.9
30.0
7.9
75.5
28.3
6.7
25.8

NSE Derivatives
Niftysnapshot

Niftyfuturewhichadded~0.79mnsharesinopen

Nearmonthprice
NearmonthPre/Disc
Midmonthprice
MidmonthPre/Disc
OI*(000)
Volume(000)
PCR(OI)
PCR(Vol)
Rollover(%)
VIX

interesthasseenlongaddition.
BankNiftyfuturewhichshed~0.069mnsharesin

openinteresthasseenlongunwinding.
Rollover in Nifty and Bank Nifty stood at ~46%

and~44%respectively.
NiftyMay6,100callwhichadded~0.10mnshares

inopeninteresthasseenbuying.

(Rscr)
IndexFutures
IndexOption
StockFutures
StockOptions

inopeninteresthasseenwriting.
ShortrolloverhasbeenseeninRealty,Infraand

Power.

StocksinBanperiod:RenukaSugars

12,000
Call

Sell
4,703
21,944
8,673
1,326

Net
416
303
(61)
56

Contracts
40,161
(14,862)
53,345
(15,956)

OI%chg
7
(1)
5
(9)

Put

OIin('000)

10,000
8,000
6,000

4,000
2,000
0
5900

6000

6100

6200

6300

6400

6500

6,200
6,000
5,800
5,600
5,400

Hotels

Telecom

Textiles

Sugar

Power

Pharma

17May13

Oil&Gas

Metals

23Apr13

Media

Realty

Infra

Technology

FMCG

Fertilizers

Cement

Capital
Goods

Strategies
Long BHEL May Future above Rs202.5 for the
Target price of Rs209 with a Stop loss placed at
Rs200.75.
Lotsize:1000
Remarks:NetmaximumprofitofRs6,500andnet
maximumlossofRs3,250.

Niftyopeninterestchart

OIcont('000)
Nifty
800

600

400
200

0
26Mar13
1Mar13

SectorwiseOI

4
%chg

(2)

(4)

Finance

Buy
5,119
22,247
8,612
1,382

Niftystrikesopeninterest

Banking

%Chg
(0.3)
659.5
(0.3)
(70.0)
2.8
(23.1)
(0.5)
(2.0)
27.5
4.3

FIIderivativedata

NiftyMay6,000putwhichadded~0.18mnshares

Auto

Current
6,090
(14.1)
6,110
6.1
29,509
17,528
1.2
1.1
45.9
17.9

NSE Derivatives
Futuresopeninterestgainers
Scrip
Suntv
Cipla
Hdil
Pnb
Ongc
Gail
Kotakbank
Denabank
M&M
Tatatea
Ntpc

OI('000)
2,789
10,083
32,332
4,881
14,006
4,034
5,236
18,280
4,078
20,836
16,826

%change
60.0
12.1
11.1
9.5
9.2
8.1
7.5
6.5
6.3
6.2
5.7

CMP(Rs)
428
401
48
801
335
322
779
87
962
143
154

%change
4.6
1.0
(7.2)
(1.2)
0.1
(1.7)
0.2
(2.7)
(1.3)
(1.4)
(1.0)

Volume('000)
5,211
6,442
52,344
2,603
4,855
1,216
1,672
7,232
1,330
9,222
4,544

%change
344.6
30.5
104.3
(2.3)
(10.3)
(70.6)
(43.2)
6.1
(46.7)
(56.9)
(45.7)

Prem/Disc(Rs)
0.6
0.3
0.0
1.0
0.3
0.1
(1.6)
0.0
(0.5)
1.0
0.1

OI('000)
117
676
811
16,332
34,640
10,796
10,170
19,576
6,108
1,466
2,570

%change
(15.7)
(8.6)
(7.7)
(7.0)
(5.4)
(5.1)
(5.0)
(5.0)
(5.0)
(4.7)
(4.7)

CMP(Rs)
1,483
841
336
68
203
84
96
50
62
984
423

%change
0.7
(1.2)
(0.4)
1.7
(0.2)
(2.4)
0.4
(1.1)
(0.8)
(0.3)
(3.2)

Volume('000)
99
679
492
5,624
11,081
8,120
4,672
8,500
6,316
917
1,700

%change
(82.2)
(21.9)
(80.2)
(56.4)
(35.6)
20.5
(40.5)
31.3
92.6
(9.3)
13.7

Prem/Disc(Rs)
0.5
(2.4)
0.0
0.0
0.6
0.0
(0.1)
0.0
(0.1)
(0.5)
(0.5)

Futuresopeninterestlosers
Scrip
Colpal
Finantech
Cesc
Dishtv
Bhel
Idbi
Crompgreav
Sintex
Iob
Techm
Canbk

Mostactivestockcalls
Scrip
Sbin
Reliance
Sbin
McdowellN
Tatamotors
Tatamotors
Sbin
Dlf
Jpassociat
Sbin

Strike
2150
840
2200
2500
300
310
2100
220
70
2250

Mostactiveniftycalls
Expiry
May
May
May
May
May
May
May
May
May
May

OI('000)
524
918
631
301
1,511
2,128
228
2,807
6,160
548

%change
39.1
2.7
(12.5)
18.6
(34.3)
14.4
31.3
(4.0)
14.8
0.0

CMP(Rs)
3
8
1
9
9
4
17
0
0
1

%change
(23.7)
(59.8)
(7.5)
(10.3)
2.6
142.7
(59.3)
16.1
(3.8)
(11.8)

CMP(Rs)
17
52
3
3
4
6
1
1
4
6

Mostactivestockputs
Scrip
Sbin
Sbin
Tatamotors
Sbin
Reliance
Tatamotors
Jpassociat
Tatamotors
Dlf
Mcdowell
*OI= Open Interest

Strike
2100
2150
290
2050
840
300
70
280
210
2400

Strike
6100
6200
6000
6300
6100
6200
6300
6000
6400
5900

Expiry
May
May
May
May
Jun
Jun
Jun
Jun
Jun
May

OI('000)
6,739
7,180
2,977
4,501
2,259
2,549
2,331
2,135
1,234
1,729

%change
1.5
12.7
(3.9)
(5.4)
15.6
2.4
7.5
9.7
5.5
(7.3)

CMP(Rs)
19
2
86
0
113
69
39
172
22
184

OI('000)
5,368
7,327
7,746
5,658
1,270
3,641
1,904
3,343
6,320
2,926

%change
(0.7)
2.6
5.5
(6.6)
(12.0)
12.6
15.1
3.1
(2.0)
0.6

CMP(Rs)
32
4
1
0
114
73
113
47
0
29

Mostactiveniftyputs
Expiry
May
May
May
May
May
May
May
May
May
May

OI('000)
380
136
2,223
235
323
1,551
2,392
1,861
1,759
205

Strike
6100
6000
5900
5800
6200
6000
6100
5900
5700
5800

Expiry
May
May
May
May
May
Jun
Jun
Jun
May
Jun

BSE Derivatives
Sensex May future which shed 12875cont in open
interesthaswitnesslongunwinding.

Onoptionfront,BSE100May6,000strikecallwhich
shed 15850cont in open interest has seen
unwinding,whileputwritingwasseenatMay5,800
strikewhichadded4150continopeninterest.

BSEDerivativessnapshot

Sensexfutureprice

Current

%Chg

20,149

(0.3)

SensexfuturePre/Disc

1.4

0.0

BSE100Futureprice

6,094

(0.4)

BSE100FuturePre/Disc

(10.8)

(0.2)

BSE100FutureOI*(Cont)

329

16.7

Bse100FutureVol(Cont)

4,011

(1.1)

FIIderivativedata

Marketsummary
Cont
Traded
12,687

(RsLacs)
IndexFuture

No.of
Trades
4,993

Turnover
38,369

OI(Cont)
37,078

(RsLakhs)
IndexFutures

Buy
0

Sell
0

Net
0

OI
(Cont)
0

OI
Value
0

IndexOption(Call)

6,51,502

8,156 20,46,680.69

22,560

IndexOption

5,548

15,431

IndexOption(Put)

12,58,129

16,716 37,42,294.72

23,598

StockFutures

6,262

StockOptions

EquityFuture

11,129

6,848

30,898

EquityOption(Call)

40

104

EquityOption(Put)

42

11

84

161

SensexFutvsNIFTYFut
SENSEXfutur

21,000
20,500
20,000
19,500
19,000
18,500
18,000
17,500
17,000
Mar13

BSE100FutvsNIFTYFut
NIFTYFuture

6,300
6,200
6,100
6,000
5,900
5,800
5,700
5,600
5,500
5,400
5,300
5,200
5,100

6,400
6,200
6,000
5,800
5,600
5,400
5,200
5,000

Apr13

Apr13

May13

Mar13

BSE100Future

Apr13

NIFTYFuture

Apr13

May13

BSE100Futures
OI(Cont)

Close

6,400

16010

6,200

14010

6,000
5,800

12010

5,600

10010

5,400

8010

5,200

6010

5,000

4010

4,800

2010

4,600
4,400

10
1Mar13

Note:OI=OpenInterestCont=Contracts

26Mar13

25Apr13

20May13

Mutual Funds
Fundfocus
UTIOpportunitiesFund

Invest

Fundmanager
LatestNAV
NAV52high/low
LatestAUM
Class
Options

AnoopBhaskar
Rs32.4
Rs32.7/24.8
Rs3,609cr
Equitydiversified
Growth&dividend

Mininvestment
Entryload
Exitload
Benchmark
Assetallocation
Expenseratio

Rs5,000
Nil
1%before1year
BSE100
Equity(92%),Cash(8%)
1.94%

TopRecommendedFunds
EquityDiversified/Largecap
Birla SL Frontline Equity Fund(G)

NAV
(Rs)

1wk

1mth

3mth

6mth

1yr

2yr

3yr

5yr

3,227

101.6

(0.39)

3.20

6.74

6.75

28.38

18.31

28.70

59.16

36

11.5

0.26

4.74

6.93

5.62

3,609

32.4

(0.12)

3.77

6.73

3.41

19.56

21.03

38.36

80.57

2,701

55.1

(0.15)

0.47

1.64

1.64

15.25

12.92

26.30

99.85

2,753

18.1

(0.05)

2.93

4.00

1.11

15.55

16.01

34.48

1,369

20.6

(1.17)

2.25

1.57

(2.82)

14.64

14.39

25.10

87.36
109.6
9

731

18.8

(0.19)

4.32

5.84

3.26

22.88

14.06

20.04

39.37

3,354

233.5

(1.25)

2.03

2.29

0.83

12.44

3.08

13.11

56.03

1,436

151.7

(0.37)

2.01

1.96

0.51

17.49

9.70

20.49

53.50

43.01

IIFL Dividend Opp Index Fund(G)

UTI Opportunities Fund(G)

EquityMidcap
HDFCMidCapOppFund(G)
ICICIPruDiscovery(G)
IDFCSterlingEquityFund(G)

EquityTaxsaving
FidelityTaxAdvantage(G)
HDFCTaxSaver(G)
ICICIPrudentialTaxPlan(G)

Hybrid
DSPBRBalancedFund(G)
HDFCPrudenceFund(G)
ICICIPruBalancedFund(G)

DebtMoneymarket
BirlaSLSavingsRet(G)
RelianceMoneyManager(G)
UTITreasuryAdvantageReg(G)

DebtFloatingrate
ICICIPruFloatingRateB(G)
KotakFloaterLTP(G)
TataFloaterFund(G)

(Absolutereturns(in%)arebasedonpreviousclose)

Assets
(RsCr)

594

70.1

(0.49)

2.61

3.87

0.56

11.47

7.79

16.91

5,854

234.4

(1.41)

2.81

4.23

2.58

12.69

11.67

24.69

82.97

494

56.9

(0.14)

2.80

4.04

5.63

20.11

23.27

39.24

50.64

44.67

6,061

220.5

0.09

0.80

2.33

4.47

9.17

19.62

27.92

10,467

133.1

0.12

0.72

2.22

4.23

8.56

18.35

26.19

4,376

15.2

0.13

0.75

2.39

4.51

9.30

19.86

28.49

1,346

193.6

0.12

0.73

2.21

4.16

8.40

17.88

25.66

41.18

4,467

19.0

0.11

0.87

2.59

4.71

9.62

20.11

28.89

47.08

3,287

1,783.7

0.12

0.78

2.33

4.51

9.29

19.95

28.87

46.84

45.97

NFOUpdate
ICICIPrudentialMultipleYieldSeries4A
RelianceDualAdvantageFTFIIIPlanC

Open

Close

Type

Category

17May13
17May13

31May13
31May13

CE
CE

Hybrid Debt
Hybrid Debt

#OE:OpenEnded,CE:CloseEnded

RecentActions
HDFCMutualFunddeclaresdividendunderHDFCFMP370DMay2012(3)DandHDFCFMP370DMay2012(3)DQ.
TherecorddatehasbeenfixedasJune3,2013.
ICICIPrudentialFMPSeries6018MPlanCdeclaresdividend.TherecorddatehasbeenfixedasJune3,2013.
UTIMutualFunddeclaresdividendunderUTIQIntervalFundSrVIRegDirectD,UTIQIntervalFundSrVIInstDand
UTIQIntervalFundSrVIRegD.TherecorddatehasbeenfixedasJune3,2013.
RelianceDualAdvantageFTFPlanADandRelianceFHFXXISeries25Ddeclaresdividend.Therecorddatehasbeen
fixedasMay30,2013.

Disclaimer:MutualFundissubjecttomarketrisk,pleasereadtheofferdocumentcarefullybeforeinvesting.

Exchange Traded Funds (ETFs)

Fundfocus
IIFLNIFTYETF
Fundmanager
LatestNAV
NAV52weekhigh/low
LatestAUM
Bloombergcode
Type
Class

ManishBandi
Rs619.5
Rs625.0/483.18
Rs15.7 cr
IIFLNFTIN
Openended
EquityETF

Invest
Growth
1unit
S&PCNXNIFTY
0.37%
1.48%
0.25%
0%

Options
Mininvestment
Benchmark
Downsiderisk
Trackingerror
Expenseratio
Exitload

TopRecommendedETFs
Absolute(%)
AUM Bloomberg
SchemeName
(Rscr) Code
Category:EquityExchangeTradedFunds
IIFLNiftyETF
19 IIFLNFTIN
GSNiftyBeES
541 NBEESIN
KotakNiftyETF
42 KONIFTYIN
MOStSharesM50
84 MOSTM50IN
MOStSharesMidcap
184 MOST100IN
100ETF
GSJuniorBeES
89 JBEESIN
MOStSharesNASDAQ
62 MOSTNDXIN
100ETF
Category:GoldExchangeTradedFunds
GSGoldBeES
3,334 GBEESIN
RelianceGoldETF
3,040 REGOLDIN
KotakGOLDETF
1,251 KOGOLDIN
HDFCGOLD
HDFCGoldETF
790
IN
ICICIPruGoldETF
201 ICPGOLDIN
SBIGoldETF
1,337 SGETSIN
UTIGoldETF
736 UTIGOLIN
Category:Liquid
GSLiquidBeES
Category:BankingETF
KotakPSUBankETF
RelianceBankingETF

Latest
NAV(Rs)

1
mth

3
mth

6
mth

1yr

2yr

SI* SI*Benchmark
3yr Benchmark Name

619.5
612.7
617.0
79.9

4.2
4.2
4.2
3.3

7.5
6.1
7.5
5.0

6.9
5.5
6.8
1.7

24.2
22.5
23.9
17.1

0.0
10.6
13.8
7.2

0.0
20.5
23.9
0.0

8.1

3.1

5.4

(0.1)

13.9

2.8

0.0

125.8

5.8

8.9

7.5

29.9

13.2

18.2

165.7

7.7

12.5

12.4

18.8

57.6

0.0

2,484.9
2,437.4
2,491.8

(3.1) (10.7) (19.8) (11.0)

(2.7) (10.4) (19.5) (10.8)
(3.1) (10.8) (19.9) (11.2)

14.0
38.5
14.4

37.2
14.9
37.7

GoldIndia

GoldIndia
GoldIndia

2,542.7

(3.1) (10.8) (19.9) (11.2)

14.2

0.0

GoldIndia

2,572.3
2,544.4
2,495.0

551 LBEESIN

1,000.0

11 KOPSUBIN
12 RBETFIN

(2.8) (10.3) (19.4) (10.7)

14.7
0.0
(3.1) (10.7) (19.9) (11.1)
14.6
38.2
(3.1) (10.7) (19.8) (11.1)
14.5
37.9

0.4

324.5
1,356.9

1.3

(2.8)
3.6

2.7

2.1
12.9

5.7

(0.3)
11.2

12.1

S&PCNXNifty
S&PCNXNifty
S&PCNXNifty
S&PCNXNifty

CNXMidcap
CNXNiftyJunior
Nasdaq100

18.0

3.4 (13.7)
(4.5)
34.7 43.1
23.5

0.0
0.0

GoldIndia
GoldIndia
GoldIndia

CrisilLiquid
FundIndex

CNXPSUBank
CNXBank

*SinceInception
th
Calculationason28 May,2013

AboutETFs
ETFsareessentiallyindexfundsthatarelistedonanexchangeandtrackthepriceperformanceofthetarget
indexclosely.TheETFtradingvalueisbasedonthenetassetvalue(NAV)oftheunderlyingstocksinthetarget
index.E.g,aNiftyETFwilllooktoreplicateCNXNiftyreturns.

ETFs are popular world over with nearly 60% of trading volumes on the American Stock Exchange (AMEX)
capturedbyalltypesofETFs.AttheendofJune2011,theglobalETFindustrycomprised2,825ETFsfrom146
providerson49exchangesaroundtheworldwithtotalassetsofUS$1.49trillion.

ETFadvantages
Diversification benefit In case of Nifty ETF, you own the complete basket of 50 stocks and remain
diversified.
LowcostofinvestmentThepassiveinvestmentstylewithlowturnoverhelpskeepcostslow.ETFsare

knowntohaveamongthelowestexpenseratioscomparedtoothersschemes.

Disclaimer:MutualFundissubjecttomarketrisk,pleasereadtheofferdocumentcarefullybeforeinvesting.

House Recommendations
HouseRecommendations
The large cap Buys and Sells are relative outperformer and underperformer bets visvis the Nifty
respectively. Reduce portfolio weight in stocks with Sell rating. Midcap Buys are based on absolute return
expectations.

TopLargecapBuys
Stock
Maruti
ICICIBank
AxisBank
ITC
HCLTech
DrReddy's
Cipla
CairnIndia

Sector
Automobiles
Financials
Financials
FMCG
IT
Pharmaceuticals
Pharmaceuticals
Oil&Gas

SectorView*
Equalweight
Overweight
Overweight
Equalweight
Equalweight
Overweight
Overweight
Overweight

CMP(Rs)
1,634
1,215
1,460
343
748
2,123
402
288

Source:IndiaInfolineResearch
*RelativetoNiftycomposition

BestMidcapBuys
Stock
AmaraRaja
INGVysyaBank
LICHousingFinance
JKLakshmi
MCX
PetronetLNG
DenNetworks
Source:IndiaInfolineResearch

Sector
Automobiles
Financials
Financials
Cement
Exchanges
Oil&Gas
Media

CMP(Rs)
278
637
270
105
890
143
212

MCap(Rsbn)
47.5
99.2
136.4
12.4
45.4
107.2
31.0

MCap(Rsbn)
493.6
1,401.8
683.9
2,707.6
520.6
360.4
322.5
550.3

Event Calendar

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

May01

IDFC

May02
AprHSBCMarkit
manufacturingPMI

CanBank,Bharti
Airtel,KotakBank

May03
RBIPolicyMeet
AprHSBCMarkit
servicePMI

ACC,Titan,Ambuja
Cem

May04

Grasim

May06

May07

AdaniPorts,Adani
Power,ALBK,CEAT,
DewanHousing,
Glenmark,Jubilant
Life,OFSS,Sintex,
ShriramTrans,Uco
Bank

May08

ABB,CorpBk,HDFC,
FutureCap,JaiCorp,
Lupin,PiramalLife,
Ranbaxy,Talwalkars

May09

AsianPaints,Bajaj
Hind,EMCO,Escorts,
GodrejProp,GTL
Infra,HCLInfo,
JublintFood,PNB,
UnionBank

May10
IndiaMarIIPyoy
IndiaAprimport&
exportYoY%(1015
May)

AshokLey,Apollo
Tyres,Balrampur
Chini,CentralBk,
EssarOil,NTPC,Punj
Lloyd,RCom,Sobha,
UnitedBk

May11

JKCem,DenaBk,
SelanExploration,
UnichemLabs

May13
IndiaAprCPIyoy

Nestle,RPower,3i
Infotech,AmaraRaja,
AmtekAuto,Amtek
India,BOB,Bankof
India,ThomasCook

May14
IndiaAprinflation
data

DrReddysLabs,
RelianceInfra,
Satyam,Elder
Pharma,HTMedia,
Bartronics,DCW,
MuthootFin,
Novartis,Pfizer,
SuvenLife,United
Bank

May15

AdaniPorts,Bajaj
Finance,Bajaj
Finserv,CenturyTex,
GVKPower,KTK
Bank,OnMobile

May16

BajajAuto,Bajaj
Hold,InfiniteComp,
TTKPrestige,
KalpataruPower,
OrbitCorp,RelCap,
TTKPrestige,Ucal
Fuel

May17

DhanBank,Balaji
Tele,ITC,ENIL,
MothersonSumi,
NIITTech,PTCIndia,
SunTV

May18

May20

AdaniEnt,India
Cemet,DivisLab,
CUB,CoalIndia,
HotelLeela,IFCI,
ShriramCityUnion,
SreiInfra,Voltas

May21

DeccanCement,
DhampurSug,JSW
Ispat,MahindraForg,
TechM

May22

Thermax,L&T,LMW,
PrakashInd,
Redington,Thermax,
ZeeEnt

May23

PhillipsCarbon,Tata
Steel,DishTV,BHEL,
IGL,JSWSteel,NIIT,
PhillipsCarbon,SBI,
Welcorp,ZeeNews

May24

Britannia,ICRA,
KarurVysyaBank

May25

Concor,MOIL

May27
Eightinfrastructure
industries(2731
May)

TataChem,Coal
India,BEL,Nalco,
Wockhardt

May28

BombayDyeing,
CESC,Colgate,
ChennaiPetro,DLF,
GAIL,GMDC,Havells,
Hindalco,HPCL,Jain
Irrigation,NHPC,
Pidilite,PowerGrid,
PVR,REC,SCI,Sun
Pharma,TataGlobal

May29

AnantRaj,BPCL,
Cipla.HDIL,Mphasis,
NMDC,ONGC,Tata
Motors,Trent

May30

AIAEng,Berger
Paints,Cadila,GMR
Infra,IOC,IPCA,
IVRCL,M&M,PFC,
SAIL,TataPower,
Unitech

May31
Q1GDPyoy%
AnnualQ1govtGDP
estimates
IndiaAprFiscal
deficit

Blue:Economicdata,Black:results

Recommendationparametersforfundamentalreports:
BuyAbsolutereturnofover+10%
MarketPerformerAbsolutereturnbetween10%to+10%
SellAbsolutereturnbelow10%

Publishedin2013.IndiaInfolineLtd2013

Thisreportisforthepersonalinformationoftheauthorisedrecipientandisnotforpublicdistributionandshouldnotbereproducedorredistributedwithoutprior
permission.

The information provided in the document is from publicly available data and other sources, which we believe, are reliable. Efforts are made to try and ensure
accuracyofdatahowever,IndiaInfolineand/oranyofitsaffiliatesand/oremployeesshallnotbeliableforlossordamagethatmayarisefromuseofthisdocument.
IndiaInfolineand/oranyofitsaffiliatesand/oremployeesmayormaynotholdpositionsinanyofthesecuritiesmentionedinthedocument.

Thereportalsoincludesanalysisandviewsexpressedbyourresearchteam.Thereportispurelyforinformationpurposesanddoesnotconstruetobeinvestment
recommendation/adviceoranofferorsolicitationofanoffertobuy/sellanysecurities.Theopinionsexpressedareourcurrentopinionsasofthedateappearingin
thematerialandmaybesubjecttochangefromtimetotimewithoutnotice.

Investorsshouldnotsolelyrelyontheinformationcontainedinthisdocumentandmustmakeinvestmentdecisionsbasedontheirowninvestmentobjectives,risk
profileandfinancialposition.Therecipientsofthismaterialshouldtaketheirownprofessionaladvicebeforeactingonthisinformation.

India Infoline and/or its affiliate companies may deal in the securities mentioned herein as a broker or for any other transaction as a Market Maker, Investment
Advisor,etc.totheissuercompanyoritsconnectedpersons.

This report is published by IIFL India Private Clients research desk. IIFL has other business units with independent research teams separated by 'Chinese walls'
cateringtodifferentsetsofcustomershavingvaryingobjectives,riskprofiles,investmenthorizon,etcandtherefore,mayattimeshave,differentandcontraryviews
onstocks,sectorsandmarkets.

Thisreportisnotdirectedorintendedfordistributionto,oruseby,anypersonorentitywhoisacitizenorresidentoforlocatedinanylocality,state,countryor
otherjurisdiction,wheresuchdistribution,publication,availabilityorusewouldbecontrarytolocallaw,regulationorwhichwouldsubjectIIFLandaffiliatestoany
registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to certain
categoryofinvestors.Personsinwhosepossessionthisdocumentmaycomearerequiredtoinformthemselvesofandtoobservesuchrestriction.

IIFL,IIFLCentre,KamalaCity,SenapatiBapatMarg,LowerParel(W),Mumbai400013.

ForResearchrelatedqueries,writeto:AmarAmbani,HeadofResearchatamar@indiainfoline.comorresearch@indiainfoline.com
ForSalesandAccountrelatedinformation,writetocustomercare:info@5pmail.comorcallon912240071000