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30th Dec 2013

SGX NIFTY : 6374 ( 10pts Up )

Quote of The Day
"Hold no more stocks than you can remain informed on." Peter Lynch

Name Sensex Nifty DOW NASDAQ CAC DAX FTSE NIKKIE HANG SENG EW ALL SHARE Value 21193.58 6313.8 16478.41 4156.59 4277.65 9589.69 6750.87 16244.29 23299.99 10160.41 Change 118.99 34.90 (1.47) (10.59) 59.24 100.57 56.70 65.35 56.75 50.23

Chart of the Day Export By Destination (Apr - Oct 2013)

FII Investor 27th Dec, 13 Buy(Cr.) 1352.35 58299.94 741353.24 DII Investor 27th Dec, 13 Dec,13 2013 Buy(Cr.) 793.34 19079.62 254165.41 Sale(Cr.) 953.19 26,178.64 3,23,151.36 Net(Cr.) (159.85) (7099.02) (68985.95) Sale(Cr.) 1,056.59 45,259.71 6,54,749.66 Net(Cr.) 295.76 13040.23 86603.58

Index Action-Nifty (27th Dec, 13)

Dec,13 2013

Contents Economic calendar News Derivative Research


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Narnolia Securities Ltd.
124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196 email:, website :


Markets Snapshot
Top Price Performers Top Performers 1D DSKULKARNI TANEJAERO CMAHENDRA MAVENSBIO NELCAST Worst Price Performers Worst Performers 1D ONELIFECAP RUSHIL SMOBILITY EMCO SITICABLE % Change (12.17) (7.71) (7.10) (6.59) (6.17) Worst Performers 1W ONELIFECAP NOVAIRNSTL TFL MAHAPOL SHREERAM % Change (22.83) (18.55) (17.15) (15.85) (13.91) Worst Performers 1M STAR ZENITHINFO KINETICENG GOENKA SIGRUN % Change (62.07) (50.86) (49.10) (41.15) (40.00) % Change 19.98 19.95 19.90 19.18 17.24 Top Performers 1W RICOAUTO GITANJALI A2ZMES ASIANTILES TANEJAERO % Change 67.76 47.92 42.46 41.25 41.06 Top Performers 1M SVCRES RICOAUTO DQE MLKFOOD BFUTILITIE % Change 112.96 109.49 88.04 83.97 80.19

Top News :
• Brigade Enterprises has purchased a prime property measuring 2.25 Acres at Hebbal, Bangalore from M/s. Hindustan Coca-Cola Beverages Pvt. Ltd. for a consideration of Rs. 68.83 Crores, for developing a prime real estate project. • The board of the Multi Commodity Exchange of India Ltd (MCX) asked promoter Financial Technologies India Ltd ( FTIL ) to reduce its stake to 2 percent . Last week, the Forward Markets Commission (FMC) had issued an order declaring FTIL and its chief Jignesh Shah unfit to run any exchange, including the Multi Commodity Exchange of India Ltd (MCX), following a Rs 5,500 crore payment crisis at group company National Spot Exchange Ltd (NSEL) • Elder Pharmaceutical would focus on brand building and enter new therapeutics areas to drive growth. Elder Pharma's anti-infectives division has been contributing more than 10 percent to the total revenue and has been registering annual growth of more than 12 percent.

• Grasim Industries has informed that the operations of the Chemical Plant at Vilayat in Gujarat have resumed now. The Company have also commenced operations of the downstream Epoxy Plant at Vilayat. The full capacity at both the Plants will be achieved in a phased manner. • A2Z Maintenance Clarification : With reference to increase in price, A2Z Maintenance & Engineering Services has clarified that it does not have price sensitive information which it is required to disclose to the exchange as per Clause 36 of the listing agreement. • Canara Bank has decided to raise additional capital of Rs. 1500 Crore through issue of BASEL-III complaint Tier-II Bonds (Series-I) . • Indraprastha Gas CNG Price To Be Increased By Rs 4.50/kg To Rs 50.10/kg In Delhi CNG Price To Be Increased By Rs 5.15/kg In Noida, Ghaziabad To Also Hike PNG Prices In Delhi, Noida & Ghaziabad CNG & PNG Price Hikes . • Govt Says: CCEA Approves Additional Coal Supply For 9 Power Plants’ Tapering Linkage Addl Coal Supply For 3 Yrs Till 2016 Or Prdn From Captive Blocks, Whichever Is Earlier CNBC-TV18 Alert: Dvpt Of Coal Block Delayed For 9 Units Due Environ Clearances Coal Min, Power Min & Plan Comm To Review Additional Coal Supply Every Year Addl Coal Supply Over Tapering Linkage To Be Supplied Under Mou • French PPI rose to a seasonally adjusted 0.5%, from -0.2% in the preceding month. Analysts had expected French PPI to remain unchanged at 0.2% last month. • Japanese Ministry of Health, Labour and Welfare said that Japan’s Average Cash Earnings rose to a seasonally adjusted 0.5%, from -0.1% in the preceding quarter whose figure was revised down from 0.1% . Analysts had expected Japan’s Average Cash Earnings to rise to 0.4% in the last quarter. • The Ministry of Economy Trade and Industry said that retail sales rose to a seasonally adjusted annual rate of 4.0%, from 2.3% in the preceding month. Analysts had expected retail sales to rise at annual rate of to 2.9% last month.

Management Tweets
• CEAT Mgt Guideline : The government recently hiked the customs duty on imported natural rubber from Rs 20/kg or 20 percent (whichever being lower) to Rs 30/kg or 30 percent (lower of the two). Margin on Q3FY13 would roughly be in the region of about 11 to 13 percent if not 13 percent . Company will be able to maintain 15% growth. • JSW Steel Mgt Guideline : Company has decided to hike prices by up to 2 percent across the board from January. According to World Steel Association's estimates, the steel demand is expected to go up by 48 million tonne in 2014 . JSW Steel has USD 1.6 billion open forex payables.It intends to keep hedging costs to zero and plans to balance forex exposure. The company has a net debt of Rs 30, 435 crore.JSW Steel expects the exports In FY15 to be at 4 million tonne versus 3 million tonne (YoY). The company expects sales volumes in FY15 to improve by 1 million tonne to 12.6 million tonne (YoY) and to continue to spend Rs 1,000 crore per quarter.

Economic Calendar
Monday 30-Dec Tuesday 31-Dec Wednesday 1-Jan Thursday 2-Jan Friday 3-Jan


S&P/CS Composite-20 HPI y/y , Pending Home Sales m/m .

Chicago PMI

Unemployment Claims , Final Manufacturing PMI , ISM Manufacturing PMI , Construction Spending m/m .

Crude Oil Inventories , Total Vehicle Sales , Natural Gas Storage .


Housing Equity Withdrawal q/q

Retail PMI

Spanish Manufacturing PMI , Italian Manufacturing PMI , Manufacturing PMI .

Spanish Unemployment Change , M3 Money Supply y/y , Private Loans y/y , Construction PMI , BOE Credit Conditions Survey , Net Lending to Individuals m/m .


Auto sales no .HSBC manufacturing PMI data

HSBC India Services PMI , HSBC India Composite PMI.

Result Calendar Q3FY14
BSE Code
514358 536709 507488 521248 509567 507984 500086 532978 500034 532977

Company Name
Everlon Syn VAK POW INF GM Breweries Kitex Garments Goa Carbon-$ SER Inds Exide Inds Bajaj Finserv BAJFINANCE Bajaj Auto

4-Jan-14 4-Jan-14 7-Jan-14 9-Jan-14 11-Jan-14 11-Jan-14 13-Jan-14 15-Jan-14 15-Jan-14 16-Jan-14

BSE Code
532977 500490 500411 533573 500010 507598 505250 500165 524038 522261

Company Name
Bajaj Auto Bajaj Holdings Thermax Alembic Pharma HDFC KLRF GG Dandekar Kansai Nerolac Venlon Enter Dolphin Offsh-$

16-Jan-14 16-Jan-14 21-Jan-14 22-Jan-14 22-Jan-14 27-Jan-14 31-Jan-14 31-Jan-14 31-Jan-14 3-Feb-14

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