Premarket OpeningBell ICICI 21.12.16
Premarket OpeningBell ICICI 21.12.16
Premarket OpeningBell ICICI 21.12.16
Market Outlook
Indian markets are expected to open flat today taking cues from global
markets. Markets will be keenly watching global economic data in the
coming days.
Todays Highlights
US existing home sales MoM
30000
8600
28000
Key Developments
Aurobindo Pharmas Unit I API plant at Hyderabad has received a
Form 483 observation from USFDA. According to the company,
the observation is minor and would not have any material impact
on financials
As per media sources, Cyrus Mistry has filed a suit against Tata
Sons with the National Company Law Tribunal (NCLT). The
petition filed with the NCLT is against mismanagement of Tata
Sons under Section 241 of the Companies Act. The first hearing
on the petition is slated for December 22
As per media sources, Vedanta Resources (parent company of
Vedanta Ltd) has been directed by the London High Court to pay
US$100 million to Zambia Consolidated Copper Mines
Investments Holdings related to a 2013 copper price agreement
with Vedanta's Zambia based Konkola Copper Mines PLC
The SBI board has approved GoIs preferential issue of | 5681
crore and fixed the price at | 269.59/share. Post the capital
infusion, GoIs stake, currently at 60.18% will increase to 61.23%
Tata Steel's EGM for removal of Nusli Wadia as director of the
company is scheduled on December 21
Sensex
Nifty
Close Previous
26,308 26,375
8,104.4 8,139.5
20-Dec
16-Dec
14-Dec
2-Dec
BSE (RHS)
12-Dec
24000
8-Dec
7800
6-Dec
26000
30-Nov
8200
28-Nov
32000
9000
24-Nov
Markets Yesterday
Domestic markets ended in the negative territory on account of
weak bank stocks and on a sense of caution among investors with
respect to geopolitical tensions
NSE (LHS)
Institutional Activity
FII (| cr)
DII (| cr)
CY14
99,525
-30,570
CY15
16,460
66,249
YTD CY16
9,153
27,833
France
4,850
7.7%
Nasdaq
5,484
3.1%
Germany
11,465
7.5%
BSE
26,308
0.6%
Dow Jones
19,975
5.4%
NSE
8,082
0.1%
U.K.
7,044
4.0%
Shanghai
3,119
-2.8%
2,339.3
2.2%
161.9
1.2%
476.8
0.7%
473.2
0.3%
1,057.9
-0.4%
76.6
-0.8%
563.1
-1.1%
224.4
-1.3%
403.5
-1.7%
155.8
-2.3%
Ambuja
Cement
Coal India
Wipro
M&M
BHEL
205.4
2.1%
290.6
1.1%
466.7
0.7%
1,178.6
0.1%
120.9
-0.5%
Bharti
Airtel
302.6
United
Spirits
1,913.6
Axis Bank
Lupin
PNB
-1.0%
-1.1%
461.7
-1.3%
1,449.3
-1.7%
121.5
-2.3%
ACC
GAIL
HCL Tech
BPCL
Sun
Pharma
HDFC Ltd
1,295.2
1.4%
429.9
0.9%
830.2
0.7%
612.1
0.0%
627.9
-0.7%
1,235.6
-1.0%
Power
Grid
182.0
Asian
Paints
865.7
IDFC
SBI
-1.2%
-1.4%
52.6
-1.9%
254.6
-2.6%
ITC
L&T
Grasim
Ind
Maruti
Dr Reddy
Cairn
India
Hindalco
230.0
1.3%
1,355.5
0.8%
828.9
0.6%
5,108.0
-0.1%
3,046.5
-0.7%
251.4
-1.0%
167.2
-1.2%
Hero
Moto
3,059.0
Bajaj
Auto
2,586.0
Yes Bank
-1.6%
-2.1%
1,147.1
-2.8%
Ultratech
Infosys
3,145.6
1.2%
1,012.2
0.7%
HDFC
Bank
1,181.9
Kotak
Bank
718.4
ONGC
HUL
Indusind
Bank
NMDC
ICICI
Bank
IDEA
0.4%
-0.2%
199.9
-0.8%
801.4
-1.0%
1,071.9
-1.2%
125.8
-1.6%
251.6
-2.1%
73.3
-4.1%
Markets Today
Close Previous Change (%) MTD(%)
Commodities
Gold (|/10 gm)
Silver (|/kg)
Crude ($/barrel)
Copper ($/tonne)
Currency
USD/INR
EUR/USD
USD/YEN
ADRs
HDFC Bank
ICICI Bank
Tata Motors
Infosys
Dr Reddys Labs
YTD(%)
27,305
38,715
55.6
NA
27,410
39,102
55.4
NA
-0.4
-1.0
0.5
NA
-5.3
-4.9
10.2
-5.6
9.2
17.4
49.2
16.6
68.04
1.04
117.76
67.88
1.04
117.86
0.2
0.1
-0.1
0.5
-1.8
-2.8
-2.8
-4.3
2.1
60.4
7.5
34.6
14.9
45.1
60.0
7.5
34.6
14.9
45.5
0.7
-0.3
0.0
0.4
-0.7
-7.1
NA
1.4
7.1
-1.8
-2.6
NA
17.3
-11.2
-1.8
KEY ECONOMICINDICATORS
5000
0
13-Dec
14-Dec
15-Dec
BSE Cash
2,470
15,385
10000
2,423
18,134
15000
3,140
18,134
16-Dec
19-Dec
20-Dec
NSE Cash
400000.00
13-Dec
14-Dec
200000.00
0.00
15-Dec
346,779
600000.00
3,422
4.00%
6.50%
6.00%
4.20%
-0.3bln $
23.51bln $
363.82bln $
7.10%
7.30%
33.67bln $
0.70%
0.90%
-23.8bln $
10.16bln $
4.34%
6.18%
3.39%
2.67%
3,422
4.00%
6.25%
5.75%
3.63%
-3.4bln $
20.01bln $
365.75bln $
7.30%
7.60%
33.02bln $
-1.90%
-2.40%
-25.6bln $
13.01bln $
1.54%
7.07%
3.15%
3.20%
667,913
N/A
N/A
N/A
November
Q3
November
w/e
Q2
12M
November
October
October
Q3
November
November
November
November
November
2,582
17,109
20000
240,878
Prior Values
2,383
16,151
Latest
207,344
Period
2,060
18,050
16-Dec
19-Dec
20-Dec
NSE Derivative
Sectoral Index
Sector
Close
Previous
Change
% Change
Volume
Auto
19946.6
20115.35
-168.75
(0.84)
1893000
Banks
20663.13
20927.6
-264.47
(1.26)
5018000
11792.74
11901.39
-108.65
(0.91)
66926000
Capital Goods
13644.86
13656.09
-11.23
(0.08)
2969000
Consumer Durables
10946.72
10912.66
34.06
0.31
526000
8304.6
8368.14
-63.54
(0.76)
1023000
FMCG
Healthcare
17870.57
18140.06
-269.49
(1.49)
1830000
IT
11396.98
11501.95
-104.97
(0.91)
1254000
Metals
10255.7
10346.17
-90.47
(0.87)
5834000
Mid Cap
10993.02
11070.76
-77.74
(0.70)
64406000
11932.4
12012.29
-79.89
(0.67)
1990000
Power
1982.45
1995.36
-12.91
(0.65)
5715000
PSU
7674.07
7743.87
-69.8
(0.90)
12364000
Real Estate
1271.78
1274.62
-2.84
(0.22)
8485000
9.3
IT
Real Estate
Consumer
Metals
Oil & Gas
Mid Cap
BSE Small
Auto
FMCG
Power
Healthcare
Capital Goods
PSU
Banks
2.7
2.0
1.7
1.5
0.8
0.7
0.4
0.2
-0.4
-0.8
-1.6
-1.8
-3.7
-7.0
-2.0
3.0
8.0
(%)
Company/
Industry
Oriental
Carbon &
Chemicals
NIIT Tech
News
View
Impact
TV Today
Jubilant Life announces a price increase of up to 15% for its Beta Picoline, 3-Cyanopyridine and Vitamin B3 (Niacin &
Niacinamide) with immediate effect
Godrej Consumer Products, through its subsidiary, has increased its stake in the Kenyan firm Charm Industries from
51% to 100%. The amount of the transaction remains undisclosed. The company had acquired the 51% stake earlier in
September 2011
As per media sources, Shoppers Stop is likely to raise | 150-200 crore for its subsidiary HyperCity, by selling a 10-15%
stake in HyperCity by March, 2017
Sensex Chart
Technical Outlook
Pivot Points
Index/Stocks
SENSEX
NIFTY
ACC
AXIS BANK
HDFC BANK
SBI
HDFC
MARUTI SUZUKI
TATA MOTORS
M&M
BAJAJ AUTO
TCS
INFOSYS
CIPLA
ONGC
RELIANCE
BHARTI AIRTEL
DLF
Close
26307.98
8082.40
1295.15
461.65
1181.90
254.55
1235.55
5108.00
473.15
1178.60
2585.95
2339.30
1012.15
563.10
199.85
1057.90
302.55
113.05
S1
26221.10
8055.40
1291.95
458.15
1180.70
250.90
1223.60
5070.85
472.80
1174.40
2553.55
2331.55
1011.50
558.80
197.75
1053.70
298.85
112.85
S2
26179.75
8044.25
1285.20
456.60
1177.40
249.90
1216.95
5048.00
471.30
1170.40
2546.90
2317.05
1007.05
555.55
196.95
1050.15
297.00
112.25
R1
26318.15
8086.10
1305.45
462.80
1187.35
255.70
1237.65
5108.60
475.75
1182.40
2596.95
2360.50
1020.35
564.70
199.75
1057.60
302.65
114.10
R2
26366.70
8101.40
1312.25
465.10
1190.30
258.15
1244.65
5127.45
479.00
1186.45
2618.65
2369.60
1023.85
567.65
200.70
1059.60
304.60
114.40
Trend
-ve
-ve
+ve
-ve
+ve
-ve
-ve
-ve
+ve
Neutral
-ve
+ve
+ve
-ve
-ve
-ve
-ve
+ve
22
27
74
46
51
33
41
10
15
60.0
40.0
47
20.0
Put
0.0
20.0
Call
*Due to technical reasons the above chart data is up to December 20, 2016
40.0
60.0
80.0
Short Term
Range bound
0
8000
8350
8171
8285
Advances / Declines
Advances
808
427
BSE
NSE
Declines
1810
1180
61
17
80.0
8050-8010
8124-8155
5
5
31
37
Intraday
Range bound
24
Nifty 50
Trend
Trend Reversal
Support
Resistance
20 Days EMA
200 days EMA
Unchanged
135
74
Results/Events Calendar
05
Monday
12
26
20
Monday
27
Monday
14
December
Tuesday
03
Monday
21
December
Tuesday
December
Wednesday
28
December
Tuesday
December
Wednesday
04
January
Tuesday
January
Wednesday
08
Thursday
SAIL
Japan GDP SA QoQ
China Trade Balance
ECB Main Refinancing Rate
0
15
29
23
Thursday
30
Thursday
Friday
06
January
December
17
December
24
December
31
December
07
January
Saturday
Saturday
0
0
0
0
0
December
Friday
Saturday
0
0
0
0
0
December
Friday
Thursday
10
0
0
0
0
0
December
UK GDP YoY
UK GDP QoQ
0
0
0
December
Friday
EU CPI YoY
0
0
0
0
December
05
16
Thursday
December
NMDC
India Exports YoY
India Industrial Prod YoY
China CPI YoY
US Wholesale Inv MoM
December
22
09
December
January
Friday
US Trade Balance
US Unemployment Rate
0
0
0
Saturday
0
0
0
0
0
Saturday
0
0
0
0
0
Bulk Deals
Date
Event
20-Dec BOJ Policy Rate
19-Dec Markit US Services PMI
Country Period
JN
20-Dec
US
Dec P
Date
22-Dec
23-Dec
23-Dec
Country
US
UK
UK
Event
GDP Annualized QoQ
GDP QoQ
GDP YoY
December
Wednesday
Jagran Prakashan
US Industrial Prod MoM
India Wholesale Prices YoY
Japan Industrial Prod YoY
0
US Consumer Confidence
China Industrial Profits YoY
0
0
0
January
December
Wednesday
December
Tuesday
Coal India
China Industrial Prod YoY
UK CPI YoY
0
0
December
02
13
Monday
07
December
US Trade Balance
Eurozone GDP SA YoY
0
0
0
December
Maharashtra Seamless
India CPI YoY
0
0
0
19
06
December
Period
3Q T
3Q F
3Q F
Actual Expected
-0.10%
-0.10% Company
53.40
55.20 BSE*
Datamatics
Expected
3.30%
0.50%
2.30%
Previous
3.20%
NSE*
0.50%
2.30% Bf Utilities Limited
Client Name
No. of
shares Price (|)
Buy
295153
102.08
Ifci Ltd.
Sell
323823
418.42
0063
Recent Releases
Type
Date
19 December 2016
Report
19 December 2016
19 December 2016
16 December 2016
16 December 2016
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Pankaj Pandey
Head Research
ICICIdirect.com Research Desk,
ICICI Securities Limited,
1st Floor, Akruti Trade Centre,
Road No 7, MIDC
Andheri (East)
Mumbai 400 093
research@icicidirect.com
pankaj.pandey@icicisecurities.com
Disclaimer
ANALYST CERTIFICATION
We /I, Pankaj Pandey Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately reflect our views about the
subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s) in this report.