Monday, December 26, 2016

Talks of Long Term Capital Gains Tax by Prime Minister Spooks

Markets
Indian markets had a negative day in trading with a gap down opening. Nifty opened at 7951 breaching the monthly
support levels of 7914 and after making a low of 7898 it closed at 7917. The intraday movement was in a range with a
pullback of only 40 points. Small Cap Index saw sharp selling and markets can see a negative close for this December
clearing as FII have been net sellers in this expiry. Bank Nifty is trading below the gap level and has closed at 17655
with the next weekly gap level target at 17348. Top Losers of the day were Hindalco, Cipla, Auro Pharma, Bank of
Baroda and Lupin.

Top Nifty Gainers

Symbol

LTP

Traded

Value

Change

Qty

(in Lakhs)

Open

High

Low

Prev.
Close

804

1.84

6,86,679

5,481.62

788

804.9

785.05

789.5

1,344.00

0.49

7,99,152

10,663.64

1,335.60

1,345.00

1,318.35

1,337.45

2,296.85

0.38

4,48,704

10,278.01

2,266.00

2,301.60

2,266.00

2,288.10

225.4

0.31

87,35,299

19,602.01

224.9

225.85

222

224.7

1,064.00

0.19

7,05,664

7,459.57

1,061.00

1,064.50

1,048.80

1,062.00

296

0.15

24,51,002

7,198.35

294.5

297

288.7

295.55

HINDUNILVR
LT
TCS
ITC
INDUSINDBK
BHARTIARTL

Top Nifty Losers

Symbol

HINDALCO
CIPLA
AUROPHARMA
BANKBARODA
LUPIN
EICHERMOT
TATASTEEL
INFRATEL
ZEEL
SBIN

LTP

Traded

Change

Qty

Traded
Value
(in Lakhs)

Open

High

Low

Prev.
Close

151.3

-5.02

1,02,29,442

15,573.30

157.5

157.5

149.7

159.3

555.3

-4.64

21,06,357

11,777.91

581.3

581.3

548.1

582.3

623.25

-3.75

27,18,624

17,087.37

646

646

621.9

647.55

147.75

-3.43

61,51,900

9,139.26

152

152.35

146

153

1,399.05

-3.23

8,77,985

12,551.15

1,445.00

1,463.35

1,397.30

1,445.80

20,250.00

-3.21

34,006

6,951.72

20,800.00

20,875.80

20,228.00

20,921.90

380

-2.78

32,32,118

12,364.14

388.5

389.6

378.5

390.85

327.35

-2.69

13,58,368

4,489.13

336.5

339

325.1

336.4

432.5

-2.29

11,39,208

4,954.19

440

441.9

430.1

442.65

243.95

-2.09

85,92,983

21,084.60

248

248.3

243.6

249.15

Dynamic Sector Performance 26th December 2016

Some Indices turned positive while most of them stayed in the red zone. FMCG gained the most, followed by AutoTyres and Tubes, Media-Entertainment and Infra-Telecom. While, Diversified, FMCG-Packaging, Financial
Services and Defense lost the most in the days trade.

A Quick View of the Sectors

SECTOR
FMCG
AUTO- TYRES AND TUBES
MEDIA- ENTERTAINMENT
INFRA- TELECOM
AIRLINES
FMCG- FOOD
FERTILISERS
FOOTWEAR
AUTO- AUTOMOBILES AND AUTO PARTS
ENERGY-OIL & GAS
TRANSPORTATION LOGISTICS
ENTERTAINMENT-HOTELS AND LEISURE
IT
FMCG- BREVERAGES
MEDIA
INFRA- POWER
TEXTILES AND APPAREL
BANKS-PRIVATE
FMCG- SUGAR
REALTY- HOUSEHOLD
JEWELLERY
CEMENT
REALTY
CHEMICALS
PAPER
INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS
AUTO-AUTO ANCL AND COMPONENTS
METALS AND MINING
FINANCIAL SERVICES- NBFC
PHARMA
INFRA- MACHINERY EQUIPMENT
BANKS-PSU
DEFENCE
FINANCIAL SERVICES
FMCG- PACKAGING
DIVERSIFIED

% CHANGE TODAY
-0.28%
-0.75%
-1.10%
-1.19%
-1.21%
-1.40%
-1.54%
-1.66%
-1.68%
-1.72%
-1.76%
-1.92%
-2.07%
-2.13%
-2.17%
-2.18%
-2.28%
-2.29%
-2.32%
-2.34%
-2.37%
-2.48%
-2.52%
-2.64%
-2.68%
-2.74%
-2.74%
-2.76%
-2.77%
-2.83%
-3.04%
-3.18%
-3.25%
-3.37%
-3.83%
-13.48%

NSE High Volumes Stock Performer List

TOP GAINER
SYMBOL

LTP

%CHANGE

TOP LOSER

SECTOR

SYMBOL

FINCABLES

420.00

3.92

INFRA-TELECOM

GULFOILLUB

BALKRISIND

1085.00

3.44

AUTO-TYRES AND TUBES

CANFINHOME

JKLAKSHMI

346.30

2.08

CEMENTS

43.75

1.74

MGL

776.50

1.66

ITDCEM

143.90

PEL

LTP

%CHANGE

SECTOR

581.20

-8.55

ENERGY-OIL & GAS

1475.00

-7.21

FINANCIAL SERVICES-NBFC

SHILPAMED

699.95

-7.05

PHARMA

INFRA-TELECOM

OUDHSUG

93.90

-6.75

FMCG-SUGAR

EDELWEISS

92.10

-6.21

0.81

ENERGY-OIL & GAS

INFRA-CONSTRUCTION ENGINEERING AND
MATERIALS

LUMAXIND

708.80

-5.76

FINANCIAL SERVICES
AUTO-AUTOMOBILES AND AUTO
PARTS

1477.95

0.65

PHARMA

RAMCOCEM

502.90

-5.02

CEMENTS

CUB

131.75

0.38

BANKS-PRIVATE

SATIN

306.85

-5.00

FMGOETZE

468.80

0.25

AUTO-AUTOMOBILES AND AUTO PARTS

RICOAUTO

54.55

-4.80

FINANCIAL SERVICES
AUTO-AUTOMOBILES AND AUTO
PARTS

TRIGYN

120.80

0.00

IT

IGPL

217.55

-4.77

1043.20

-0.17

AUTO-AUTOMOBILES AND AUTO PARTS

SONASTEER

59.60

-4.72

CHEMICALS
AUTO-AUTO ANCL AND
COMPONENTS

116.05

-0.17

FMCG-SUGAR

GSFC

89.50

-4.33

FERTILISERS

MAGMA

99.20

-0.25

FINANCIAL SERVICES-NBFC

NOCIL

63.35

-4.30

EIDPARRY

243.00

-0.27

FMCG-SUGAR

MUNJALSHOW

180.50

-4.29

CHEMICALS
AUTO-AUTO ANCL AND
COMPONENTS

CARBORUNIV

240.00

-0.35

AUTO-AUTOMOBILES AND AUTO PARTS

TIMETECHNO

87.20

-4.12

FMCG-PACKAGING

GEOMETRIC

243.35

-0.41

IT

JUBILANT

564.75

-4.08

BALRAMCHIN

118.40

-0.46

FMCG-SUGAR

ESCORTS

278.45

-4.05

PHARMA
AUTO-AUTOMOBILES AND AUTO
PARTS

RALLIS

192.05

-0.47

CHEMICALS

SYNGENE

517.65

-4.03

COROMANDEL

274.15

-0.49

FERTILISERS

UCALFUEL

157.10

-3.97

PHARMA
AUTO-AUTO ANCL AND
COMPONENTS

BAJAJFINSV

2606.00

-0.55

FINANCIAL SERVICES-NBFC

INDIANB

201.25

-3.92

BANKS-PSU

APLAPOLLO

885.05

-0.68

INFRA-MACHINERY EQUIPMENT

KIRIINDUS

269.80

-3.90

CHEMICALS

NEULANDLAB

985.65

-0.69

PHARMA

SASKEN

398.00

-3.88

IT

DEEPAKFERT

205.40

-0.70

FERTILISERS

KESORAMIND

119.15

-3.87

COSMOFILMS

323.30

-0.72

FMCG-PACKAGING

KSL

264.20

-3.84

DIVERSIFIED-TYRES & CEMENTS

AUTO-AUTO ANCL AND
COMPONENTS

88.30

-0.73

FMCG-FOOD

SREINFRA

71.40

-3.83

FINANCIAL SERVICES-NBFC

260.00

-0.74

AUTO-AUTO ANCL AND COMPONENTS

RAMCOIND

183.50

-3.77

REALTY-HOUSEHOLD

1085.10

-0.77

CHOLAFIN

900.40

-3.68

FINANCIAL SERVICES-NBFC

360.00

-0.83

AUTO-AUTO ANCL AND COMPONENTS

INFRA-CONSTRUCTION ENGINEERING AND
MATERIALS

DWARKESH

277.15

-3.68

FMCG-SUGAR

1899.90

-0.86

REALTY-HOUSEHOLD

KCPSUGIND

27.50

-3.68

FMCG-SUGAR

ITI

SMLISUZU
DHAMPURSUG

GAEL
CENTENKA
FIEMIND
INDIANHUME
CERA

Hot Picks of the Day

Indian Hume Pipe- Invest in the Shining Multibagger
Indian Hume Pipe is one of the multibagger stocks that Dynamic Levels picked out of top
500 stocks list for this month.
What is a Multibagger?
These stocks are selected based on our technical as well as fundamental research, traded in
very high volumes. It has been observed historically that these companies multiply their
earnings per share every year.

Why Knowing The Levels In Bank Nifty Stocks Are Vital?

Ever since the weekly Bank Nifty contracts are introduced by NSE, derivative markets
are witnessing a lot of Volatility. Hence it has become extremely important to keep an
eye on the Bank Nifty Levels and high weighted stock levels in the Index to catch hold of
the day to day trend of the market.

Post Note Ban, PSU Bank Faced a Drop in Loan Demand

Since the time Prime Minister Narendra Modis demonetization hit the country on 8th
November, there was a drop in demand for retail loans, including home loans. For public
sector lenders, average daily enquiries for retail loans between 9 and 30 November
slipped nearly half of what they were in the first eight days of the month.

Shares of NBFC crashes in the Course of 10 Days

Shares of non-banking finance companies (NBFCs) crashed further after it was reported
that the Maharashtra government will form a special investigation team (SIT) in order to
investigate violations of norms by microfinance companies.

Centre To Miss 1st April Deadline On GST?

Amid the Demonetization cloud still hovering over the Indian Financial Sky, it looks
like the centre is likely to miss the self-imposed deadline of 1st April, 2017 to roll out the
Goods and Services Tax (GST) even as the GST Council on Thursday talked of reaching
a broad consensus on the draft central law or Central GST.

Balmer Lawrie Share Price Dips Post Bonus Issue

Shares of Balmer Lawrie dipped by more than 6 per cent intraday, to reach an intraday
low of Rs 234.40 within the first few minutes of todays trading session. The intraday
high so far is Rs 251.60. A total of 1,53,420 shares of the company have been traded on
NSE for a total value of Rs 371.15 lacs by 9.35 AM.
According to an update on 22nd December 2016, Shares of Balmer Lawrie will turn exbonus on Monday. Its board had recommended issuance of bonus shares in the ratio of
3:1 (three bonus shares for every one equity share held by the shareholders). Investors
who wish to receive the bonus shares were given the opportunity to buy the stock by
Price
Surges
13%
over Q2as the record date. In the year 2013,
Friday, re
as the
company
has fixed
27th December
Balmer Lawrie had announced three bonus shares for every four held in the company.
Balmer Lawrie is a Mini-Ratna-I Public Sector Enterprise, which is under the Ministry of Petroleum & Natural Gas of
India. It has six Strategic Business Units namely Industrial Packaging, Greases & Lubricants, Leather Chemicals,
Travel & Vacations, Logistics and Refinery & Oil Field Services, with offices spread across the country and abroad.
The company has grown enormously in the last 149 years and is currently one of the market leaders in Steel Barrels,
Industrial Greases & Specialty Lubricants, Corporate Travel and Logistics Services.
Currently Balmer Lawrie share price is trading at Rs 249.75, 4.91 per cent or 12.90 points. The share price opened at
Rs 245.00 from the last closing price of Rs 1,050.65 (before the bonus issue on Friday).

Sasken Dips On Getting Shareholders Nod For Buyback

Sasken share price dipped 4 per cent after it was reported that it has received shareholders
approval for buyback of up to 28.24 lakh equity shares, at a price not crossing Rs 425 per
share for a total consideration of about Rs 120 crore.
On the NSE, so far 13,252 lakh shares were traded on the counter with a traded value of
Rs. 52.72 lakhs. The stock had hit a high of Rs 405.80 and a low of Rs 393 so far during
the day.
Sasken Communication Technologies Ltd., was incorporated in the year 1989. It is a Small
Cap company which has a cap of Rs. 733.78 (Cr) and operates in the Information
Technology sector.

re Price Surges 13% over Q2

Sasken Communication Technologies Ltd. key Products/Revenue Segments are Software Services which contributes
Rs 400.19 Cr to Sales Value (99.56 per cent of Total Sales) and Software Products which contributed Rs 1.74 Cr to
Sales Value (0.43 per cent of Total Sales)for the year ending 31st Mar 2016.
For the quarter ended 30th Sept 2016, the company has reported a Consolidated sales of Rs. 118.40 Cr., down -2.77
from last quarter Sales of Rs 121.78 Cr. and down -7.37 from last year same quarter Sales of Rs 127.81 Cr. Company
has reported net profit after tax of Rs. 9.58 Cr. in latest quarter.
Sasken is a multibagger stock for this quarter as recognized by Dynamic Levels, based on their technical and
fundamental research, it is seen to have traded in very high volumes. Multibagger stocks have a great potential to grow in
the long run.

Can Fin Homes Share Price Quotes Lower At 7%

Can fin homes share price tanked by more than 107.70 points. On the NSE, so far 66,444
shares were traded on the counter, with a traded value of Rs 1,004.47 lacs. The stock had hit
a high of Rs 1610.00 and a low of Rs 1476.75 so far during the day.
The stock hit a 52-week high of Rs 1,889.85 (18-OCT-16). The stock hit a 52-week low of
Rs 840.00 (12-FEB-16). The small-cap company has a market cap of Rs 4233.31 (Cr). Face
value per share is Rs 10.
Canara Bank proposed to bring down stake in its housing finance subsidiary Can Fin Homes
to 30 per cent as a part of strategy to exit non-core business. Apart from that, the bank also aspires to reduce its stake
Price
Q2 43.45 per cent stake in the housing
by 70 per cent in unlisted Canbank re
Factors
Ltd. Surges
As of now,13%
Canaraover
Bank holds
finance company whereas the rest 56.55 per cent is with public shareholders.
The Board has permitted the bank to float a Request for Proposal (RFP) for empanelling the investment bankers for
diluting the bank's stake of 70 per cent in Canbank Factors Ltd and of 13.45 per cent in Can Fin Homes Ltd. For the
quarter ended September 30, Can Fin Homes disclosed 55.6 per cent increase in net profit at Rs 55.06 crore against
that of Rs 35.38 crore in the same quarter of 2015-16. Total income from operations swelled 26.2 per cent to Rs 332.31
crore during July-September of 2016-17 as against Rs 263.38 crore in the year-ago period.

Welspun Enterprises Up On Divesting Stake In Welspun Energy

Welspun Enterprises share price advanced 6.5 per cent intraday Monday since it is going
to divest its stake in Welspun Energy. Meanwhile, the BSE Sensex was down 230.23
points, or 0.88%, to 25,810.47.
The company has, subject to the approval of the members of the company, approved sale
of its entire investment of 6,04,93,342 equity shares (15.49 per cent) in the paid up equity
share capital of Welspun Energy. As against its investment of Rs 91.1 crore, the stake is
suggested to be sold to Welshop Trading, for a consideration of around Rs 290 crore plus
contingent consideration, hence implying over 3x returns to the company on its
re Price Surges 13% over Q2
investment.
Also, other than buying out Welspun Enterprises' stake, Welshop Trading, part of Welspun Group, has decided to buy
out the stake of other shareholders in Welspun Energy at equivalent consideration. The MD OF Welspun Enterprises,
Sandeep Garg, is of the view that with the help of this transaction, the company will continues its journey of
consolidation and value creation for all its stakeholders by upgrading their focus on core businesses. This deal will
further uplift their balance sheet and cash reserve, which has set a stronger platform for future growth.
On the NSE, so far 12,78,577 lakh shares were traded On the counter, compared with average daily volumes of 1.23
lakh shares in the past one quarter. The stock had hit a high of Rs 62.95 and a low of Rs 60.00 so far during the day.
Welspun Enterprises share price had outperformed the market for the past 30 days till 23 December 2016, rising 3.03
per cent as compared with the 0.70 per centrise in the Sensex. The scrip had also underperformed the market in past
one quarter, falling 7.47 per cent as against Sensex's 9.17 per cent decline.

Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal
views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment
while making investment decision.

Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment
Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX &
NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with
whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their
observations have issued advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company

Report Prepared By:

Mayank Jain - NISM-201500086427
Vikash Kandoi - NISM-201500086430