15th Jan 2014

MARKET DIARY
SGX NIFTY : 6272 ( 12pts Up)

Quote of The Day

"People who know the edge of their own competency are safe, and those who don't, aren't." Warren Buffett

MARKET
Name Sensex Nifty DOW NASDAQ CAC DAX FTSE NIKKIE HANG SENG EW ALL SHARE Value 21032.88 6241.85 16373.86 4183.02 4274.2 9540.51 6766.86 15661.35 22887.76 10065.31 Change (101.33) (30.90) 115.92 69.72 10.93 30.34 9.71 238.95 104.88 (43.62)

Chart of the Day Corporate Debt to GDP Trend

INSTITUTIONAL TURNOVER
FII Investor 14th Jan, 14 Buy(Cr.) 2393.40 22774.41 22774.41 DII Investor 14th Jan, 14 Jan,14 2014 Buy(Cr.) 587.23 9365.04 9365.04 Sale(Cr.) 685.16 10,561.10 10,561.10 Net(Cr.) (97.93) (1196.06) (1196.06) Sale(Cr.) 2,654.28 22,697.12 22,697.12 Net(Cr.) (260.88) 77.29 77.29

Index Action-Nifty (14th Jan, 14)

Jan,14 2014

Contents Derivative Research News Result Calendar Economic calendar Result Q3FY14

Index

Page 2 3 4 4 5

Coverage UPDATE UPDATE UPDATE UPDATE UPDATE

COMMODITY PRICE COMMODITY/CURRENCIES Value GOLD 29097.00 SILVER 44920.00 CRUDEOIL 106.13 COPPER NATURALGAS DOLLAR/RS. EURO/RS. POUND/RS. 455.45 268.40 61.52 83.86 100.91

Narnolia Securities Ltd.

124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196 email: research@narnolia.com, website : www.narnolia.com

Derivative Research
NIFTY SNAPSHOT Nifty Spot Nifty Jan 2014 Future Nifty Feb 2014 Future Nifty Jan 2014 Open Interest Nifty Feb 2014 Open Interest 7 DMA of Spot Nifty 21 DMA of Spot NIfty 50 DMA of Spot Nifty VOLATILITY INDEX (VIX) PUT CALL RATIO Nifty (Jan Series) Option OI Distribution: 6241.85(-30.90) 6262 6296 17744100 1917800 6197 6229 6191 15.74(-0.21) 1.01 GRAPH

Index Outlook

Activity of Nifty (Jan Series) Strike CALL OI % Chng 6000 802200 -3.0 6100 1000500 -16.8 6200 3251450 3.8 6300 5232800 8.5 6400 4946450 9.5 6500 3803600 -1.1 Fresh Long Seen In (Rising OI -Rising Price) Scrip OI OI ch% CAIRN 78,94,000 23.5 CESC 10,07,000 9.9 FEDERALBNK 89,08,000 7.1 MRF 44,125 7.0 SUNPHARMA 70,27,000 5.4 RISE IN PCROI STOCK T1 CANBK 0.58 GODREJIND 0.28 UBL 0.44 JUBLFOOD 1.33 BATAINDIA 0.42

PUT OI 4330550 5129550 6264000 3078950 1003250 % Chng -12.7 -4.9 -3.0 -2.7 4.7

FIIs Activity (Fig in Cr) Segment INDEX FUTURE INDEX OPTION STOCK FUTURE STOCK OPTION TOTAL

Buy 2,182 15,914 2,328 2,817 23,241

Sell 2,037 15,499 2,357 2,935 22,828

Net 145 415 (28) (119) 413

494250
CMP

3.6
Ch% Fresh Shorts Seen In: (Rising OI -Falling Price) Scrip OI OI ch% IOB 75,68,000 41.0 HDIL 296,48,000 14.3 TATASTEEL 156,31,000 12.2 JINDALSTEL 72,08,000 9.2 DISHTV 210,08,000 7.3 FALL IN PCROI STOCK T1 ABIRLANUVO 0.13 UPL 0.59 COALINDIA 0.34 TCS 0.88 ONGC 0.70 CMP Ch%

330.5 460.8 80.1 19245.4 603.6

T2

2.0 3.7 0.3 0.8 0.2

48.6 49.6 374.9 253.8 49.6

T2 0.31 0.91 0.49 1.13 0.86

-0.9 -0.5 -2.9 -2.5 -4.4

0.42 0.23 0.37 1.12 0.35

Markets Snapshot
Top Price Performers Top Performers 1D RUSHIL SOMANYCERA BALAMINES WINSOMEDJ DCW Worst Price Performers Worst Performers 1D CMC SOUISPAT PETRONENGG ZENITHBIR SANWARIA % Change (10.34) (9.76) (9.29) (9.09) (7.44) Worst Performers 1W GLOBALCA TUNITEX CHROMATIC PDPL INDINFO % Change (22.53) (22.30) (22.22) (21.69) (20.90) Worst Performers 1M STAR GLOBALCA INDINFO SANWARIA TUNITEX % Change (60.20) (57.44) (44.98) (40.33) (39.05) % Change 19.93 18.53 14.08 12.23 10.63 Top Performers 1W RAMANEWS MAFATLAIND CHIRAWA GATI MANAPPURAM % Change 50.90 36.10 33.33 32.18 31.15 Top Performers 1M GATI SIGRUN RAMANEWS SIMPLEX FINANTECH % Change 128.42 100.00 96.30 96.29 94.03

Top News :
Zydus Cadila Healthcare Mgt Guideline : Mgt says the increased inspection is a positive for the industry . This, despite the fact that the company has received a warning letter from the US regulator. Mgt Says , Indian pharma will start recoving from April 2014 and that a doubledigit growth is likely. Tech Mahindra Mgt guideline : Ahead of its Q3 results the company said it will continue to focus on growth. Company cant give guidance for FY15, but it expects to maintain a steady profile . Mgt said though the market is clearly better for the IT sector, especially Europe and the emerging markets, the growth wont be dramatic for IT spends . Rolta India Mgt Guideline : Company is seeing traction coming in from such as US and Middle East . In growing verticals, the company is focusing on big data analytics, 3D modeling and defense systems . There is a requirement for battlefield management systems. It is a USD 5 billion contract. Company is quoting for it . If Company gets it, it can change the complexion of the company . HCL Tech Mgt Guideline : Mgt says, the companys success with its employees and customer and said that the company will continue to reinvent itself in 2014. The company is seeing balanced growth in markets like US, Europe and Asia. Further, Mgt said that HCLs infrastructure management service, which is an underpenetrated market, will continue to grow at a rapid pace. HCL Technologies caters to half of total re-bid market worth USD 150 billion . CMC Mgt Guideline : Mgt says 14 clients in the last quarter and saw growth in mining, e-governance and transport verticals. Talking about the outlook for fiscal year 2014-15, Mgt said revenues from India may be pressured as decision making slows around the election, but he said the second half would be better. CMC also sees opportunities in the international markets in FY15 . Reliance Industries is looking to pick up an 11 percent stake in Venezuela's Petrocarabobo project that was recently surrendered by Malaysia's Petronas, and is eyeing exploration assets in Mexico . Company is also looking to participate in the heavy oil upgrades project and a farm-in in the Carabobo-1 block, taking over the participating interest of Petronas Tata Steel has opened the UKs largest profiling centre for steel plate in the WestMidlands, increasing its plate processing capacity in the region by up to 50 per cent. The 3.1 million facility provides a step change in Tata Steels capability to supply plate that has been cut and finished to exact size, shape and quality specifications. Steelparks profiling capacity will be increased to 47,000 tonnes per annum. U.K. Office for National Statistics said the rate of consumer price accelerated at a seasonally adjusted 2% last month, down from 2.1% in November. Analysts had expected consumer price inflation to hold steady at 2.1% last month. Eurostat, the European statistics agency said industrial production increased by a seasonally adjusted 1.8% in November, beating expectations for a 1.4% gain. Industrial production in October was revised to a 0.8% decline, compared to a previously reported drop of 1.1%. U.K. Office for National Statistics said that PPI input rose by a seasonally adjusted 0.1% last month, compared to expectations for a 0.2% decline. PPI input fell by 0.7% in November.

Result Calendar Q3FY14 Bse Code 500215 532978 500034 532772 530581 511128 532326 532648 505036 532215 532977 500490 500042 501833 532640 533151 507886 511288 532281 532894 531841 532175 526015 530813 500253 532819 500355 517447 512417 501267 Company Name Agro Tech Foods Bajaj Finserv BAJFINANCE Dev Credit Bank Ekam Leasing Galaxy Conso Intense Tech-$ Yes Bank Automobile Corp-$ Axis Bank Bajaj Auto Bajaj Holdings BASF India Chowgule Steam Cyber Media D B CORP Dhruv Estates Gruh Finance HCL Tech Indowind Ener Indus Finance Corp Infotech Enter Kemrock Inds KRBL LIC Housing Fin Mindtree Rallis India RS Software Sharp Trading Shree Rani Sati Date 15-Jan-14 15-Jan-14 15-Jan-14 15-Jan-14 15-Jan-14 15-Jan-14 15-Jan-14 15-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14
Economic Calendar
Monday 13-Jan-14 Tuesday 14-Jan-14 Wednesday 15-Jan-14 Thursday 16-Jan-14 Friday 17-Jan-14

Bse Code 532218 532540 530675 531847 500074 500469 531754 500180 500188 500875 500304 526747 590055 532524 500325 526885 513010 517506 507685 532166 500033 500183 509162 524378 530129 531626 530419 506690 534804 531209

Company Name South Indian Bank TCS York Exports Asian Star-$ BPL Federal Bank Fintech Comm HDFC Bank Hindustan Zinc ITC NIIT PG Foils Polyspin Expo PTC India RIL Sarla Perf-$ Tata Sponge TTK Prestige Wipro Alka Securities Force Motors-$ Himachal Futur Indag Rubber-$ JMDE Pack Nile Orosil Smiths-$ Sumedha Fisc Unichem Lab Care Nucleus Soft

Date 16-Jan-14 16-Jan-14 16-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 17-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 18-Jan-14 19-Jan-14 19-Jan-14

US

Federal Budget Balance .

Building Permits , Housing Starts , Core CPI m/m , Unemployment Claims , CPI Core Retail Sales m/m , Retail Sales m/m PPI m/m , Core PPI m/m , Empire State Capacity Utilization Rate , Industrial m/m , TIC Long-Term Purchases , Philly Fed , Import Prices m/m , Business Manufacturing Index , Crude Oil Inventories Production m/m , Prelim UoM Consumer Manufacturing Index , NAHB Housing Market Inventories m/m . , Beige Book . Sentiment , Prelim UoM Inflation Index , Natural Gas Storage . Expectations , JOLTS Job Openings .

UK/EURO ZONE

Italian Industrial Production m/m .

French CPI m/m , French Gov Budget Balance , CPI y/y , PPI Input m/m , RPI y/y , Industrial Production m/m .

ECB Monthly Bulletin , German Final CPI m/m French 10-y Bond Auction , Trade Balance , German WPI m/m , Retail Sales m/m , 10, Italian Trade Balance , CPI y/y , Core CPI y/y , CB Leading Index m/m . y Bond Auction , 30-y Bond Auction . Italian 10-y Bond Auction .

INDIA

CPI Data

WPI Data

Result Q3FY14 NSE CODE

RIIL MAHSCOOTER NIITTECH

BSE CODE
523445 500266 532541

SALES Rs (cr.)
13.81 1.09 328.00

SALES YOY ( %)
(33.70) (53.60) 14.50

PAT Rs Cr
6.09 1.37 39.60

PAT YOY ( % )
(3.00) (13.80) (19.60)

N arnolia Securities Ltd

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