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Weekly Market Review – for week ended Feb 01, 2019

Index Ratios (P/E)

01-Feb-19 25-Jan-19

Nifty 26.40 26.14

Sensex 23.70 23.68

Economic Statistics ($ in billion)

25-Jan-19 18-Jan-19 %Change

Forex Reserve

398.17 396.68 0.38%

BSE Sensex

Market Overview

The markets started the week on pessimistic note with Moody's Investors

Service's statement that the steps announced by the government to aid MSMEs

and the measures being planned to support farmers will increase the risk of

fiscal slippage and push deficit to 3.4% of GDP in the current financial year.

Markets made a smart gain on the last 2 trading days of the week as investors

welcomed individual tax exemptions and sops in the farm sector announced in

the interim Budget for FY20. Some support also came with report that the

Nikkei India Manufacturing PMI rose to 53.9 in January from 53.2 in

December.

The Sensex and Nifty closed the week with gain of 444 points (1.23%) and 113

points (1.05%);

Mid Cap index lost 0.28% whereas, Small Cap index lost 0.36% during the

week.

FIIs were the net buyers whereas; DIIs were the net sellers during the week.

Sector Wise Movement

BSE Information Technology up by (649.61 points or 4.39%), BSE TECK up

by (310.99 points or 4.28%), BSE Consumer Discretionary Goods & Services

up by (78.78 points or 2.26%), BSE Consumer Durables up by (461.72 points

or 2.20%) and BSE Auto up by (361.00 points or 1.94%) were the top gainers,

HCL Technologies was up by 10.29 % and Axis Bank was up by 8.08%.

While BSE Metal (down by 192.88 points or 1.80%), BSE Oil & Gas (down by

131.22 points or 0.95%), BSE Finance (down by 35.02 points or 0.60%) and

BSE PSU (down by 10.50 points or 0.15%) were the top losers on the BSE

sectoral front.

Yes Bank was down by 13.83%.

Outlook for Coming week

The market participants will be eyeing the Q3 results of major companies and

outcome of the Reserve Bank of India (RBI)’s sixth bi-monthly monetary

policy meeting on February 7.

The market is expected to consolidate. Traders are, therefore, advised to

invest in fundamentally good companies on decline.

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Q3 FY 19 Result Calendar

Security Code Security Name Company name Result Date

524208 AARTIIND AARTI INDUSTRIES LTD. 03-Feb-19 04-Feb-19 04-Feb-19

535755 ABFRL Aditya Birla Fashion and Retail Ltd

500086 EXIDEIND EXIDE INDUSTRIES LTD.

532809 FSL FIRSTSOURCE SOLUTIONS LTD. 04-Feb-19 04-Feb-19 500660 GLAXO GLAXOSMITHKLINE PHARMACEUTICALS LTD.

500252 LAXMIMACH LAKSHMI MACHINE WORKS LTD. 04-Feb-19 04-Feb-19 04-Feb-19

531039 MSECURI MS SECURITIES LTD.

500672 NOVARTIND NOVARTIS INDIA LTD.

504973 TIFHL TI Financial Holdings Ltd 04-Feb-19 05-Feb-19 500020 BOMDYEING BOMBAY DYEING & MFG.CO.LTD.

532155 GAIL GAIL (INDIA) LTD. 05-Feb-19 05-Feb-19 531608 GORANIN GORANI INDUSTRIES LTD.

532774 INSPIRISYS Inspirisys Solutions Ltd 05-Feb-19

512237 JAICORPLTD JAI CORP LTD. 05-Feb-19 05-Feb-19 507794 KHAICHEM KHAITAN CHEMICALS & FERTILIZERS LTD.

500458 KORE Kore Foods Ltd 05-Feb-19

531642 MARICO MARICO LTD. 05-Feb-19 05-Feb-19 532755 TECHM TECH MAHINDRA LTD.

522113 TIMKEN TIMKEN INDIA LTD. 05-Feb-19

532779 TORNTPOWER TORRENT POWER LTD. 05-Feb-19

506685 ULTRAMAR ULTRAMARINE & PIGMENTS LTD.-$ 05-Feb-19 06-Feb-19 532057 ABHICAP ABHINAV CAPITAL SERVICES LTD.

531147 ALICON Alicon Castalloy Limited 06-Feb-19

532212 ARCHIES ARCHIES LTD. 06-Feb-19 06-Feb-19 500041 BANARISUG BANNARI AMMAN SUGARS LTD.

500087 CIPLA CIPLA LTD. 06-Feb-19 06-Feb-19 06-Feb-19

500147 CMIFPE CMI FPE LTD.-$

500480 CUMMINSIND CUMMINS INDIA LTD.

500228 JSWSTEEL JSW STEEL LTD. 06-Feb-19 06-Feb-19 500338 PRSMJOHNSN Prism Johnson Ltd

512527 SUPER SUPER SALES INDIA LTD.-$ 06-Feb-19 07-Feb-19 07-Feb-19 07-Feb-19

523850 AXTEL AXTEL INDUSTRIES LTD.

523319 BALMLAWRIE BALMER LAWRIE & CO.LTD.

505681 BIMETAL BIMETAL BEARINGS LTD.-$

539405 DITCO Decorous Investment & Trading Co Ltd 07-Feb-19 07-Feb-19 07-Feb-19 07-Feb-19

540153 ENDURANCE Endurance Technologies Ltd

507815 GILLETTE GILLETTE INDIA LTD.

532717 INDOTECH INDO TECH TRANSFORMERS LTD.

518011 KEERTHI KEERTHI INDUSTRIES LTD. 07-Feb-19

500459 PGHH PROCTER & GAMBLE HYGIENE & HEALTH CARE LTD. 07-Feb-19

540293 PRICOLLTD Pricol Ltd 07-Feb-19

505800 RANEHOLDIN RANE HOLDINGS LTD. 07-Feb-19

520151 SHREYAS SHREYAS SHIPPING & LOGISTICS LTD. 07-Feb-19

500414 TIMEX TIMEX GROUP INDIA LTD.-$ 07-Feb-19

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534742 ZUARI ZUARI AGRO CHEMICALS LTD. 07-Feb-19

500780 ZUARIGLOB ZUARI GLOBAL LTD. 07-Feb-19

505690 BRADYM BRADY & MORRIS ENGINEERING CO.LTD. 08-Feb-19

531227 DECOMIC DECO-MICA LTD. 08-Feb-19

526783 DRAGARWQ DR.AGARWALS EYE HOSPITAL LTD.-$ 08-Feb-19

531599 FDC FDC LTD. 08-Feb-19

506943 JBCHEPHARM J.B.CHEMICALS & PHARMACEUTICALS LTD. 08-Feb-19

504840 KAIRA KAIRA CAN CO.LTD. 08-Feb-19

514036 LOYALTEX LOYAL TEXTILE MILLS LTD.-$ 08-Feb-19

524774 NGLFINE NGL FINE-CHEM LTD. 08-Feb-19

532460 PONNIERODE PONNI SUGARS (ERODE) LTD. 08-Feb-19

506655 SUDARSCHEM SUDARSHAN CHEMICAL INDUSTRIES LTD. 08-Feb-19

501391 WHBRADY W.H.BRADY & CO.LTD. 08-Feb-19

590013 XPROINDIA XPRO INDIA LTD. 08-Feb-19

These views expressed in this report are personal views of the analysts. Satco Capital Market Ltd. shall not be responsible for any loss arising from the use thereof. Also, SATCO does not have any investment exposure to any of the stocks covered in this newsletter.

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