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F r i d a y, 2 9 t h
September 2017
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Friday, 29th September 2017
Market Wrap
the mid-market hours Nifty was at its highest point of the day and
Broader market indices ended Fridays trade in positive zone wherein BSE Midcap index gained
0.83% at Rs 15,436 level and BSE Small Cap index gained 1.09% at 16,113 levels
GAIL was the top Nifty gainer. The stock ended higher by 5.70% at Rs 22.60 per share.
Nifty bank closed at 24,053 level gaining 0.19% or 44.85 points majorly contributed by
Federal Bank.
There were 1077 advances, 569 declines and 317 unchanged stocks on NSE reecting a positive
GAIL, Eicher Motors and Hindustan Petroleum Corporation are the top Nifty gainers, whereas
Hindustan Unilever, Wipro and Dr. Reddys Lab are the top Nifty losers.
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Market Action Friday, 29th September 2017
4:22 PM
4:23 PM
Week -Round Up: Metal stocks remain Week Round- Up : Pharma & PSU Banks
steady drop
Shares of Metal Companies have made Shares of Pharma & PSU Banks have
steady gains for the week; Gainers:Coal
faltered for the week; Losers: Asian
India(+6.74%) GAIL(+5.12%) Hindalco
(+4.2%). Paints(-6.72%)Hin.Unilever(-5.27%)
Dr.Reddys(-5.25%).
4:20 PM 1:25 PM
Thermax closes with a sudden spurt European indices open to minor gains
Shares of Thermax have closed with a European markets open to marginal gains;
sudden spurt; the shares have closed DAX & CAC up by ~0.2%. Indian markets
with gains of ~6%, the most since continue to uptick; Nifty at 9830 (+61 pts).
September 2014.
12:12 PM 10:17 AM
HCC gains after Lender invoke SDR
GAIL rallies most in two months
Shares of HCC have moved up by ~6%,
after lenders have decided to invoke the Shares of GAIL have seen the strongest
Strategic Debt Restructuring (SDR) scheme pickup in the last two months; the shares
for its Lavasa township project. have moved up by ~6% over buzz of
increase in tarriff.
10:15 AM 10:12 AM
Energy & Auto stocks surge Indian markets open in green
Energy & Auto stocks move up, Tech stocks Indian markets open to gains; Nifty at
falter. GAIL (+6.85%) Eicher Motor (+2.21%) 9801, moves up by 32 pts.
Tech Mahindra & TCS move down by ~1%.
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Index Pullers & Draggers Friday, 29th September 2017
HDFC Bank 1,805.70 10.40 (0.58%) 5.53 ITC 258.30 -3.25 (-1.24%) -7.38
GAIL (India) 419.05 22.80 (5.75%) 3.66 TCS 2,435.95 -40.50 (-1.64%) -5.78
Eicher Motors 31,213.30 1,028.10 (3.41%) 3.50 Hind. Unilever 1,173.90 -28.90 (-2.40%) -5.58
M&M 1,254.25 23.70 (1.93%) 2.86 Reliance Inds. 780.90 -5.55 (-0.71%) -4.89
Larsen & Toubro 1,142.05 8.70 (0.77%) 2.81 Wipro 280.25 -5.65 (-1.98%) -1.92
J B Chem & Pharm 279.10 17.10 (6.53%) IRB Infra.Devl. 212.85 -9.05 (-4.08%)
Inox Leisure 235.15 14.00 (6.33%) BEML Ltd 1,585.95 -57.45 (-3.50%)
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Advance/ Decline Friday, 29th September 2017
Nifty 50 34 17
Nifty Next 50 37 12
Nifty 100 71 29
52-Week High-Low
52 Week High Today-Nifty500 52 Week Low Today-Nifty500
Bombay Burmah 1,286.90 106.20 (8.99%) Shilpi Cable 18.00 -0.90 (-4.76%)
Ashok Leyland 123.10 6.35 (5.44%) Hindustan Media 250.90 -1.80 (-0.71%)
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Nifty Spot View Friday, 29th September 2017
R2 9884
R1 9836
Pivot 9805
S1 9757
S2 9726
In Fridays trading session Benchmark Indices Ni y opened on a gap up note and traded with posi ve sen ment in rst
half of the market and made a high of 9854.
Markets showcased bullish momentum throughout the day while in the mid-market hours Ni y was at its highest point
of the day.
But it could not sustain on high levels and a strong selling was observed in second half of the market which leads Ni y
Index to close once again below 9800 mark. Ni y closed at 9,788 levels up 19 points or 0.20%.
Ni y index is trading below its 21 days & 50 days moving averages on daily chart.
In next trading session down side movement can be seen in the index and it can test down side levels of 9720-9690
while up side 9860 will act as a good resistance level
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Bankl Nifty Spot View Friday, 29th September 2017
R2 24320
R1 24185
Pivot 24095
S1 23960
S2 23870
In Fridays trading session Bank Ni y opened on a gap up note and traded with posi ve sen ment in rst half
of the market and made a high of 24227.
In second half of the market Bank Ni y Index shown a strong nega ve moves as some of the major PSUs were
making new 2-3 month low which leads Ni y Bank Index to closed at 24,053 level gaining 0.19% or 44.85
points majorly contributed by Federal Bank.
Bank Ni y index trading above its psychological support levels of 24000.
Bank Ni y index is trading below its 21 days & 50 days moving averages on daily chart.
In next trading session down side movement can be seen in the Bank Ni y index and it can test down side
levels of 23900-23800 while up side 24300 will act as a good resistance level
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Buzzing Stocks Friday, 29th September 2017
Tyre stocks surge on declining rubber prices. MRF (+3%), CEAT, Apollo Tyres (+2%).
BSE Realty Index up nearly 3%. Indiabulls Real Estate (+7%), HDIL, Unitech (+4%).
Indian Metals up 1%; board approves merger of two units into company.
Nifty Auto index up 1%. Ashok Leyland (+3.5%), Eicher Motors, Exide Industries (+2%).
Gas stocks buzzing in trade. GAIL (+7%), Petronet LNG (+5%), Gujarat Gas (+4%).
ONGC surges 1.4% after approval from sharerholders to raise Rs 250 bn.
1.94 cr shares of TFCI change hands in multiple blocks; stock up nearly 2%.
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Bulls Eyes Call Friday, 29th September 2017
R2 324
R1 316
Pivot 311.3
S1 303.3
S2 298.6
BUY CANBK @ 311- 313 TARGET 305/ 302 STOP LOSS 317 (QTY: 3084)
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Bulls Eyes Call Friday, 29th September 2017
R2 1892
R1 1865
Pivot 1847
S1 1820
S2 1803
BUY BAJFINANCE @ 1825- 1830 TARGETS 1870/ 1910 SL 1805 (QTY: 500)
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Key Indices Friday, 29th September 2017
Today
Index LTP % Change High Low
Nifty 50 9,788.60 19.65 (0.20%) 9,854.00 9,775.35
Bank Nifty 24,053.00 44.85 (0.19%) 24,227.45 24,004.80
Nifty Next 50 27,558.90 342.40 (1.26%) 27,736.10 27,322.35
Nifty 100 10,143.90 36.00 (0.36%) 10,210.35 10,128.15
Nifty 200 5,312.70 20.65 (0.39%) 5,347.95 5,304.50
Nifty 500 8,600.00 42.90 (0.50%) 8,653.50 8,586.50
Nifty Midcap 100 18,107.95 166.65 (0.93%) 18,219.15 18,022.40
Nifty Smallcap 100 7,584.50 103.95 (1.39%) 7,636.90 7,534.75
Sector Indices
Today
Index LTP % Change High Low
Nifty Realty 273.50 7.05 (2.65%) 275.60 268.15
Nifty Metal 3,550.30 48.75 (1.39%) 3,569.95 3,520.80
Nifty Auto 10,811.25 127.60 (1.19%) 10,857.65 10,712.85
Nifty Media 2,983.60 21.30 (0.72%) 3,007.85 2,970.35
Nifty Pharma 9,172.60 61.05 (0.67%) 9,245.30 9,112.00
Nifty Energy 12,772.65 50.70 (0.40%) 12,883.30 12,748.15
Nifty Financial Services 9,939.35 21.40 (0.22%) 10,027.85 9,916.15
Nifty PSU Bank 3,042.10 -0.10 (0.00%) 3,076.50 3,035.10
Nifty IT 10,475.35 -46.55 (-0.44%) 10,576.95 10,454.05
Nifty FMCG 24,480.80 -243.85 (-0.99%) 24,838.60 24,427.30
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Global Indices Friday, 29th September 2017
FII Activity
Cash Segment:
FIIs: -5328.46 Crs
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IPO Friday, 29th September 2017
Open IPOs
Upcoming IPOs
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Stocks Specic News Friday, 29th September 2017
The record date for the bonus issue is scheduled on September 28, 2017. As a
result, total share capital of the company increased to 11,44,32,396 equity shares of Rs 10 each aggregating to
Rs 114,43,23,960.
The stock of the Manpasand Beverages was trading marginally lower by 0.99% or Rs 4.7 per share at Rs 470
per share.
Meanwhile, Nifty was trading higher by 63 points to 9,832 level while Sensex was trading higher by 186 points
at 31,469 level. India VIX was lower by 7.02% at 12.24 level.
Ganesh Benzoplast informed in a BSE ling that it has won a case led u/s
138 of the Negotiable Instruments Act, 1881, against Pan Asia Industries
Limited, for recovery of outstanding dues of Rs 5.50 crore plus interest.
The Hon'ble M. M. 33rd Ballard Pier Court passed an order directing Pan Asia Industries Limited ('the
defaulter') to pay a sum of Rs 9.00 crore to Ganesh Benzoplast Limited, it added.
The stock of Ganesh Benzoplast was trading at Rs 96.50 per share, up by Rs 14.25 or 17.33% as at 1417
hours on Friday, on the BSE.
Ganesh Benzoplast is engaged in the manufacture, export and import of a range of specialty chemicals,
food preservatives and industrial lubricants. The company also provides conditioned storage facilities for
bulk liquids and chemicals at various ports in India.
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Stocks Specic News Friday, 29th September 2017
The stock attracted a traded volume of 35,19,916 shares and traded value
of Rs 26.51 crore as of 1438 hours on Friday. The stock was underperforming
the Nifty Media index. The index was trading higher by 0.75% at 2,984 level.
Among other media stocks, Sun TV was the top gainer on the index trading at
Rs 760.65 per share, up by 3.67%. Inox Leisure was also trading higher by 3.19% at Rs 228.2 per share.
DB Corporation, Network 18, Hathway, HT Media and PVR are also trading higher by more than 1%.
Meanwhile, Nifty was trading higher by 44 points to 9,812 level while Sensex was trading higher by 122
points at 31,404 level. India VIX was lower by 7.02% at 12.24 level.
The drug is a tetracycline antibiotic that ghts bacteria in the body and is used to
treat many different bacterial infections including acne, urinary tract infections,
intestinal infections, eye infections and gonorrhoea among others.
Cadila Healthcare hit an intraday high of Rs 476.90 per share and an intraday low of Rs 461.20 per share on
BSE during Fridays trade. At 1236 hours, the stock was trading at Rs 475.30 per share, up by 1.74% on BSE.
The stock had hit its 52-week high of Rs 558 on June 12, 2017 and its 52-week low of Rs 329.95 per share on
December 26, 2016 on BSE.
At 1236, benchmark indices Nifty50 was trading at 9,830.45 level, higher by 0.63% and BSE Sensex was trading
at 31,464.54 level, higher by 0.58% on BSE on Friday.
The company has received over 155 approvals and has led over 300 ANDAs since the commencement of the
ling process in the scal year 2003-04.
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Bulls Eyes Calls Performance Friday, 29th September 2017
7-Sep-2017 BUY ARVIND CASH ABOVE 404.50 TARGET 408.50/ 412.50 SL 399.50 (QTY: 2000) TG 1 @ 408.50 ACHIEVED +8,000
8-Sep-2017 SELL GLENMARK PHARMA @ 580- 590 LEVELS TARGET 570/ 560 SL 600 (QTY: 700) TG 1 @ 570 ACHIEVED +10,500
8-Sep-2017 SELL INFY @ 880- 900 LEVELS TARGET 865/ 850 SL 915 (QTY: 500) CLOSED @ 878 NIL
11-Sep-2017 BUY BERGER PAINTS @ 262- 268 TARGET 275/ 282 STOP LOSS 255 (QTY: 2200) CLOSE AT COST NIL
11-Sep-2017 BUY GAIL INDIA LTD @ 388- 394 TARGET 400/ 410 STOPLOSS 382 (QTY: 1500) TG 2 @ 410 ACHIEVED + 24,000/-
12-Sep-2017 BUY ESCORTS INDIA LTD @ 672- 678 LEVELS TARGET 690/ 705 STOPLOSS 660 (QTY: 1100) TG 1 ALMOST ACHIEVED - 9,900/-
12-Sep-2017 BUY NCC LTD @ 88- 90 LEVELS, TARGET 93- 97 SL 85 (QTY: 4000) CLOSE AT COST NIL
13-Sep-2017 SELL BATA INDIA @ 710- 715 TARGET 695/ 680 STOP LOSS 725 SL TRIGGERED -16,500/-
13-Sep-2017 BUY ORIENTAL BANK OF COMMERCE @ 129- 130.50 TARGET 133.50/ 136.50 SL 126.50 (QTY: 3000) NOT EXECUTED NIL
14-Sep-2017 BUY GRUH @ 538 - 540 LEVELS, TARGET 546 - 550 SL 520 (QTY: 1895) TG 1 ALMOST ACHIEVED + 8,000/-
14-Sep-2017 BUY KRBL @490 - 492 LEVELS, TARGET 500-505 SL 485 (QTY: 2033 ) TG 1 ALMOST ACHIEVED + 15,000/-
15-Sep-2017 SELL LICHSGFIN CASH @ 652-650 TG1 640 TG2 630 SL 660 , QTY 1000 NOT EXECUTED NIL
15-Sep-2017 BUY HDFCBANK CASH @ 1835-1840 TG1 1860 TG2 1880 SL 1820 , QTY 500 TG ACHIEVED + 10,000/-
18-Sep-2017 BUY GNFC CASH @ 325- 335 TARGET 345/ 360 STOPLOSS 315 TG ACHIEVED + 29,800/-
18-Sep-2017 BUY JUST DIAL @ 408- 412 TARGET 422/ 432 STOPLOSS 398 CLOSE AT COST Nil
19-Sep-2017 BUY GAIL INDIA LTD @ 417 -422, TARGET 430/ 440 SL 410 CLOSE AT COST Nil
19-Sep-2017 BUY MFSL CASH @ 638- 648 TARGET 658/ 670 SL 618 CLOSE AT COST Nil
20-Sep-2017 BUY NBCC @ 218- 221 TARGET 227/ 232 SL 212 TG 1 ACHIEVED +18,000/-
20-Sep-2017 BUY INDIGO @ 1150- 1160 TARGET 1120/ 1180 SL 1180 TG ACHIEVED +12,000/-
21-Sep-2017 BUY INDIGO @ 1135- 1140 TARGET 1110/ 1080 SL 1165 TG ACHIEVED +18,000/-
21-Sep-2017 BUY LUPIN @ 1020- 1025 TARGET 1040/ 1055 SL 1010 (QTY: 400) CLOSED @ 1114 -2,400/-
22-Sep-2017 SELL HEROMOTOCO @ 3780- 3800 TARGET 3755/ 3725 STOP LOSS 3825 (QTY: 200) TG ACHIEVED +15,000/-
22-Sep-2017 BUY KSCL @ 525- 520 TARGET 535/ 545 STOP LOSS 515 (QTY: 1500) SL TRIGGER -15,000/-
25-Sep-2017 SELL HDFCBANK @ 1790- 1800 TARGET 1770/ 1750 SL 1815 (QTY: 500) CLOSED @ COST NIL
25-Sep-2017 SELL CANBK @ 325- 327 TARGET 320/ 315 STOP LOSS 331 (QTY: 3000) CLOSED @ COST NIL
26-Sep-2017 BUY OIL @ 342- 346 TARGET 352/ 360 STOP LOSS 337.5 (QTY: 2266) TG ACHIEVED +13,600/-
26-Sep-2017 SELL MARUTI BELOW 7880 TARGET 7820/ 7750 STOP LOSS 7945 (QTY: 150) TG ACHIEVED +19,500/-
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Bulls Eyes Calls Performance Friday, 29th September 2017
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