We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

- Warren Buffet

MORNING REPORT Have a Good Trading Day

MORNING REPORT :7 DECEMBER 2018

GLOBAL INDICES

NAME CMP NET CH. %

Dow 24947.67 -79.4 -0.32%

Nasdaq 7188.26 29.83 0.42%

Nikkei 21541.44 39.82 0.19%

HANG SENG INDEX 26199.82 43.439 0.17%

SGX NIFTY 10691.00 67.00 0.63%

INDIAN INDICES

NAME CMP NET CH. %

BSE SENSEX 35312.13 -572.28 -1.59%

Nifty 50 10601.15 -181.75 -1.69%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 38.07 -0.96

HDFCBANK 101.86 2.59

ICICIBK 9.94 -0.6

INFY 9.83 -0.2

TATA MOTOR 11.46 -5.21

WIPRO 5.21 -0.76

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) 72

DIIs Eq (Provisional) -390

FIIs Index Future -1722

FIIs Index Options 6643

FIIs Stock Future -1047

FIIs Stock Options 18

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 71.0371

EURO 80.5457

YEN 100 62.9900

GBP 90.2953

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE 51.23 -0.50%

NATURAL GAS 4.318 -0.21%

GOLD 1243.6 0.00%

SILVER 14.52 0.08%

COPPER 2.7425 -0.02%

MARKET PULSE MARKET PULSE

TOP STORY

Majesco said it will invest up to $35 mill ion in U.S. unit’s right offering to fund remainder of Exaxe acquisition, pay

off debt and accelerate crowd solution growth. Sagar Cements consolidated November cement sales up 36.3 percent at 3.15 lakh MT versus 2.31 lakh MT on a

yearly on basis. Wipro’s digital business arm announced expanded global partnership with the U.S. based ‘Alfresco’ to offer open

source digital solutions.

Zydus Wellness said it will raise funds by issuing preference shares worth Rs 2,575 crore to Cadila Hea lthcare, Zydus

Family Trust, Pioneer Investment Fund and True North Fund. The board also approved that NCDs worth Rs 1,500 crore will also be raised within one year from now.

Reliance Industries’ Reliance Jio Infocomm board was considering restructuring a nd reorganising proposals on Dec.

11. Finance Minister Arun Jaitley said the Cabinet Committee on Economic Affairs approved strategic sale of 52.63

percent stake in REC to PFC. along with management control. He expected the deal to be completed by the end of

the financial year. A Government official said with PFC buying government’s stake in REC, Government’s divestment receipts will reach around Rs 53,000 crore to Rs 54,000 crore.

IFCI

RESULTS TODAY

USD : Fed Chair Powell Speaks

: Average Hourly Earnings m/m

: Non-Farm Employment Change

: Unemployment Rate

MORNING REPORT: 7 December 2018

MARKET LEVELS

NAME PIVOTNIFTY 10637 10552 10503 10418 10687 10772 10821

USDINR 70.640 70.430 70.314 70.104 70.756 70.966 71.082

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex fell 572.28 points or 1.59% to settle at 35,312.13, its lowest closing level since 22 November 2018. The index fell 177.18 points, or 0.49% at the day's high of 35,707.23. The index fell 617.65 points, or 1.72% at the day's low of 35,266.76.

The Nifty 50 index fell 181.75 points or 1.69% to settle at 10,601.15, its lowest closing level since 22 November 2018. The index fell 60.25 points, or 0.56% at the day's high of 10,722.65. The index fell 194.65 points, or 1.81% at the day's low of 10,588.25.

In broader market, the S&P BSE Mid-Cap index fell 1.54%. The S&P BSE Small-Cap index fell 1.36%.

The market breadth, indicating the overall health of the market, was weak. On the BSE, 740 shares rose and 1809 shares fell. A total of 148 shares were unchanged.

Nifty likely to trade in the range of 10420-10820

NIFTY CHART

MORNING REPORT: 7 December 2018

BULK DEALS (BSE) SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

VOL SAGAR RAJESHBHAI JHAVERI S 144,000 60

VOL VEERAM VENDORS PRIVATELIMITED B 154,500 60

INFLAME BEELINE BROKING LIMITED S 26,000 68.76

INFLAME CORPORATE CAPITALVENTURES PRIVATE LIMITED

S 32,000 70.02

RONI OVERSKUD MULTI ASSET MANAGEMENT PRIVATE LIMITED

B 192,000 20.25

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

KAJARIACER ABU DHABI INVESTMENT AUTHORITY SELL 1010000 435.26

PUNJLLOYD IFCI LTD. SELL 4397267 4.98

SHUBHLAXMI KANADIA FYR FYTER PRIVATE LIMITED SELL 80000 27.5

VIKASECO GARG VIKAS SELL 7500000 12

HIGHGROUND RADHEY SHARMA SELL 860000 9.41

SCRIP’S IN F&O BAN (To resume for normal trading below 80% of market wide limit required)

In ban: none Out of ban: none

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

MORNING REPORT: 7 December 2018

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 364 359 355 367 372 380

ASIANPAINT 1295 1279 1264 1302 1318 1341

AXISBANK 600 594 588 604 610 620

BAJAJ-AUTO 2718 2683 2648 2741 2776 2835

BAJAJFINSV 5668 5563 5458 5736 5841 6015

BHARTIARTL 304 300 297 306 309 315

BPCL 325 321 318 326 330 335

CIPLA 515 508 501 518 525 535

COALINDIA 241 238 236 242 244 248

DRREDDY 2641 2615 2588 2648 2674 2708

EICHERMOT 22211 21951 21690 22360 22621 23030

GAIL 349 343 337 347 353 356

GRASIM 795 783 771 805 817 838

HCLTECH 1013 993 973 1029 1049 1086

HDFC 1946 1933 1919 1951 1964 1983

HDFCBANK 2097 2087 2078 2095 2104 2111

HEROMOTOCO 3027 3003 2980 3029 3052 3077

HINDALCO 218 214 211 218 222 225

HINDPETRO 225 223 220 225 228 231

HINDUNILVR 1802 1784 1766 1815 1833 1865

IBULHSGFIN 733 716 699 744 761 789

ICICIBANK 0 0 0 0 0 0

INDUSINDBK 1569 1555 1540 1575 1589 1609

INFRATEL 256 254 251 256 258 260

INFY 669 660 652 673 681 694

IOC 131 129 128 131 133 135

ITC 273 271 270 273 275 277

KOTAKBANK 305 297 289 302 311 316

LT 1180 1166 1152 1185 1200 1219

LUPIN 1380 1369 1358 1383 1394 1408

M&M 711 704 698 713 720 729

MARUTI 7210 7098 6986 7292 7404 7598

NTPC 140 138 136 140 142 144

ONGC 140 138 136 140 142 145

POWERGRID 0 0 0 0 0 0

RELIANCE 1124 1112 1100 1130 1142 1161

SBIN 276 274 273 277 278 281

SUNPHARMA 420 412 403 422 430 440

TATAMOTORS 163 160 157 164 167 171

TATASTEEL 510 500 490 511 521 532

TCS 1993 1976 1959 1996 2013 2034

TECHM 696 683 670 704 717 737

TITAN 906 899 891 909 917 927

ULTRACEMCO 3865 3807 3750 3881 3939 4013

UPL 747 736 725 747 758 770

VEDL 195 192 189 194 198 200

WIPRO 332 328 325 332 336 340

YESBANK 168 166 164 169 172 175

ZEEL 468 460 453 471 478 489

MORNING REPORT: 7 December 2018

s

s

NSE CIRCULARS

BOARD MEETINGS/ CORPORATE ACTION COMPANY NAME DATE PURPOSE

LALPATHLAB 19-Nov-18 Interim Dividend - Rs 2.50 Per Share

TIDEWATER 19-Nov-18 Interim Dividend

CUPID 19-Nov-18 Interim Dividend - Re 1 Per Share

MANAPPURAM 19-Nov-18 Interim Dividend - Re 0.55 Per Share

GULPOLY 19-Nov-18 Interim Dividend

MRF 19-Nov-18 Interim Dividend - Rs 3 Per Share

SAKSOFT 20-Nov-18 Interim Dividend - Re 1 Per Sh

SIYSIL 20-Nov-18 Interim Dividend

MASFIN 20-Nov-18 Interim Dividend - Rs 1.50 Per Sh

PAGEIND 20-Nov-18 Interim Dividend

MAANALU 20-Nov-18 Interim Dividend

PGHH 20-Nov-18 Annual General Meeting/Dividend Rs 40 Per Share

GILLETTE 20-Nov-18 Annual General Meeting/Dividend Rs 23 Per Share

CMICABLES 20-Nov-18 Annual General Meeting/Dividend Re 1 Per Share

AUROPHARMA 20-Nov-18 Interim Dividend - Rs 1.25 Per Share ASTRAL 20-Nov-18 Interim Dividend

AMARAJABAT 20-Nov-18 Interim Dividend - Rs 2 Per Share JAMNAAUTO 29-Nov-18 Interim Dividend - Re 0.50 Per Sh

NSE Circular. : Applicability of Additional Surveillance Measure (ASM) (zip) W.e.f. DEC 07, 2018

NSE Circular: Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip) w.e.f. DEC 07, 2018

NSE Circular : Clearing, Settlement and Risk Management for Government Securities (G-SEC) in Capital Market

(pdf))W.e.f. NOV 30, 2018

NSE Circular: Changes in price bands from December 07, 2018 (zip))W.e.f. DEC 07, 2018

NSE Circular: Order Sheet of the Hearing of Mumbai Bench of the Hon'ble National Company Law Tribunal on

03.12.2018 in the matter of Union of India, Ministry of Corporate Affairs Versus Infrastructure Leasing and Financial

Services Limited (IL & FS) and others (zip)W.e.f. DEC 07, 2018

NSE Circular: Complete suspension of trading in Equity shares of DS Kulkarni Developers Limited (pdf)W.e.f. DEC 07,

2018

NSE Circular: Listing of further issues of HCL Technologies Limited, Housing Development Finance Corporation

Limited, ICICI Bank Limited, The Phoenix Mills Limited and Varun Beverages Limited (pdf)W.e.f. DEC 07, 2018

MORNING REPORT: 7 December 2018

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (Feb) 30775 30960 31200 31491 31775

SILVER (Mar) 35330 36075 37250 38421 39445

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (Feb)

415 423 430 436 443

ZINC (Dec) 180.25 182.90 186.50 190.50 193.30

LEAD (Dec) 132.60 135.65 139.70 143.75 147.90

NICKEL

(Dec) 720 741 770 790 816

ENERGY

COMMDITY

(MCX) S2 S1

PIVOT

POINT R1 R2

CRUDE OIL (Dec)

3301 3420 3660 3799 3949

NATURAL GAS (Dec)

282 295 309 325 339

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 07-Dec- 2018

Gold (Spot Dollar) major support =

$1212/$1185 & Resistance =

$1274/$1290.

Crude oil range (WTI)->$45 to $55.

Stocks Slump, Treasuries Gain as

Sell-Off Resumes: Markets Wrap: -

U.S. stocks slumped, following European

and Asian shares lower, as concern

resurfaced that trade tensions between

the world’s two largest economies are

far from resolved. Oil slid as OPEC

ministers met in Vienna.

Forex - U.S. Dollar Lower After Jobs

Data: - The U.S. dollar was lower on

Thursday as the arrest of a Huawei

executive spooked investors and

disappointing jobs data dampened

sentiment.

Venezuela signs oil, gold investment

deals with Russia: Maduro: -

Venezuela has signed deals securing

investment from Russia in the South

American country's oil and gold sectors,

President Nicolas Maduro said on

Thursday at the end of a three-day trip

to Moscow.

U.S. Oil Inventories Fall by 7.3

Million Barrels: - Oil inventories in the

U.S. fell by 7.3 million barrels in the

latest week, the Energy Information

Administration said Thursday. The

drawdown snapped a streak of builds

and confounded expectations for drop of

fewer than 1 million barrels. Imports for

the week ended Nov. 30 fell by 1.7

million barrels. Crude oil prices were

down 3.2%, paring losses after the

numbers were released.

Gold Prices Flat as U.S.-Sino Trade

Worries Intensify: - Gold prices were

flat on Thursday after the arrest of a top

executive at China-based Huawei

Technologies sparked worries that it

could reignite the U.S.-Sino trade

dispute.

FOMC Member Williams Speaks, Fed Chair

Powell Speaks, Average Hourly Earnings

m/m, Non-Farm Employment Change,

Unemployment Rate, Prelim UoM Consumer

Sentiment, Final Wholesale Inventories m/m,

Prelim UoM Inflation Expectations, Natural

Gas Storage, FOMC Member Brainard Speaks.

MORNING REPORT: 7 December 2018

MORNING REPORT: 7 December 2018

MORNING REPORT: 7 December 2018

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