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 :20 DECEMBER 2018

GLOBAL INDICES

NAME CMP NET CH. %

Dow 23323.66 -351.98 -1.49%

Nasdaq 6636.83 -147.08 -2.17%

Nikkei 20690.69 -297.23 -1.42%

HANG SENG INDEX 25729.33 -136.061 -0.53%

SGX NIFTY 10898.00 -88.00 -0.85%

INDIAN INDICES

NAME CMP NET CH. %

BSE SENSEX 36484.33 137.25 0.38%

Nifty 50 10967.3 58.6 0.54%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 36.63 -1.85

HDFCBANK 103.11 0.51

ICICIBK 10.22 -0.29

INFY 9.43 -1.15

TATA MOTOR 11.92 -2.77

WIPRO 5.23 1.16

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) 1209

DIIs Eq (Provisional) -481

FIIs Index Future 502

FIIs Index Options -357

FIIs Stock Future -71

FIIs Stock Options -324

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 70.1094

EURO 79.8153

YEN 100 62.3800

GBP 88.7431

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE 47.96 1.61%

NATURAL GAS 3.714 -0.32%

GOLD 1248.5 -0.63%

SILVER 14.605 -0.66%

COPPER 2.675 -1.51%

MARKET PULSE MARKET PULSE

TOP STORY

Religare Enterprises’ subsidiary filed a criminal complaint against the Singh brothers, former promoters of the parent, and their associates for a llegedly s iphoning and misappropriating Rs 740 crore.

JSW Steel sa id that NCLT approved the resolution plan in the insolvency resolution process for Vardhman Industries.

KPIT Technologies: NCLT approved the merger plan with Birlasoft, which will then split into two -publicly traded companies. The tribunal also approved the demerger of company’s engineering business into KPIT Engineering.

Alembic Pharma received zero observations under Form 483 from the U.S. FDA for its API facility in Gujarat.

Allcargo Logistics sa id i t will explore emerging business opportunities related to Container Freight Stations, Inland Container Depots and Logistics Parks in India.

Thomas Cook board approved amalgamation of i ts three arms with self. The board a lso gave a nod to the demerger of the inbound business of the company to SOTC Travel and demerger of company’s Human Resources Services Business to Quess Corp.

Tata Consultancy Services aunched Cloud Solutions Program in Canada. This solution provides cloud infrastructure and secured functioning between premise and public cloud environment.

Cosmo Films launched sterilisable conduction sealing film. This film is mainly used in dairy industry for flavored milk,

pharma industry and bakery products. Coal India seeks to buy coking coal mines in Australia and Canada. The s tate run -miner has identified “certain assets’, which

are under different s tages of due diligence, Coal Minister Piyush Goyal tells lawmakers in a wri tten reply to questions .

NO RESULTS

RESULTS TODAY

GBP : Reta il Sales m/m

: MPC Official Bank Rate Votes

: Monetary Policy Summary

USD : FOMC Economic Projections

: FOMC Statement

: Federal Funds Rate

MORNING REPORT: 20 December 2018

MARKET LEVELS

NAME PIVOTNIFTY 10960 10935 10903 10878 10992 11017 11050

USDINR 70.756 70.583 70.483 70.310 70.856 71.029 71.129

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex rose 137.25 points or 0.38% to settle at 36,484.33, its highest closing level since 1 October 2018. The index rose 207.91 points, or 0.57% at the day's high of 36,554.99. The index rose 34.79 points, or 0.10% at the day's low of 36,381.87.

The Nifty 50 index rose 58.60 points or 0.54% to settle at 10,967.30, its highest closing level since 1 October 2018. The index rose 76.45 points, or 0.70% at the day's high of 10,985.15. The index rose 19.30 points, or 0.18% at the day's low of 10,928.

The S&P BSE Mid-Cap index rose 1.50%. The S&P BSE Small-Cap index rose 1.09%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was strong. On the BSE, 1644 shares rose and 979 shares fell. A total of 160 shares were unchanged.

Nifty likely to trade in the range of 10880-11050

NIFTY CHART

MORNING REPORT: 20 December 2018

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

BCP HARSHITJAIN S 347,000 30.14

PRISMMEDI SURESH KUMAR . S 50,000 42.43

REGENCY BHAVIK KALPESH SHAH S 21,309 18.20

SAHYOGMULT RADHEY SHYAM AGRWAL B 75,000 11.53

RONI ARYAMAN BROKING LIMITED S 30,000 25.00

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

AKASH SANGHVI ASSOCIATES BUY 88000 74

AKASH SAMIR R SHAH (HUF) SELL 88000 74

PUNJLLOYD IFCI LTD. SELL 5493201 4.37

DRSDILIP ARYAMAN CAPITAL MARKETS LIMITED BUY 200000 75.5

DRSDILIP SHAH BABULAL VADILAL HUF SELL 112000 75.5

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

In ban: Adani Enterprises, Adani Power, Jet Airways and Reliance Capital

New in ban: none Out of ban: none

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

MORNING REPORT: 20 December 2018

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 376 373 370 375 378 380

ASIANPAINT 1400 1378 1356 1392 1415 1429

AXISBANK 642 623 605 637 656 670

BAJAJ-AUTO 2863 2845 2826 2863 2882 2900

BAJAJFINSV 6405 6254 6103 6340 6491 6576

BAJFINANCE 2597 2555 2513 2592 2634 2671

BHARTIARTL 323 319 316 322 325 328

BPCL 362 357 352 360 365 368

CIPLA 525 522 519 525 528 531

COALINDIA 251 250 248 251 253 255

DRREDDY 2614 2582 2550 2616 2648 2683

EICHERMOT 23956 23769 23583 23995 24181 24407

GAIL 359 354 350 357 361 364

GRASIM 855 845 836 861 870 886

HCLTECH 957 946 935 965 976 995

HDFC 1982 1958 1935 1972 1995 2009

HDFCBANK 2123 2105 2086 2132 2151 2178

HEROMOTOCO 3305 3280 3255 3305 3330 3355

HINDALCO 227 225 224 227 229 230

HINDPETRO 236 233 231 236 239 242

HINDUNILVR 1845 1839 1832 1848 1855 1864

IBULHSGFIN 840 802 764 822 860 881

ICICIBANK 367 362 357 366 370 374

INDUSINDBK 1613 1597 1582 1625 1640 1668

INFRATEL 263 256 249 262 269 274

INFY 665 660 655 666 671 676

IOC 146 145 144 146 147 149

ITC 283 280 276 282 285 287

JSWSTEEL 311 306 301 309 314 317

KOTAKBANK 1226 1217 1208 1231 1240 1255

LT 1435 1428 1421 1433 1440 1445

M&M 783 771 759 779 791 799

MARUTI 7936 7828 7720 7889 7997 8058

NTPC 150 148 146 149 151 152

ONGC 148 147 147 148 149 150

POWERGRID 199 196 193 198 201 202

RELIANCE 1137 1131 1125 1139 1145 1153

SBIN 301 296 292 299 304 306

SUNPHARMA 424 420 415 427 431 439

TATAMOTORS 174 172 170 174 176 178

TATASTEEL 527 524 520 528 532 536

TCS 1968 1957 1946 1971 1982 1996

TECHM 709 696 683 705 718 727

TITAN 929 924 919 933 938 947

ULTRACEMCO 4085 4002 3919 4088 4171 4256

UPL 756 747 739 754 762 769

VEDL 207 205 203 207 209 212

WIPRO 341 334 327 338 345 349

YESBANK 180 178 176 180 182 185

ZEEL 465 451 436 462 476 487

MORNING REPORT: 20 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 20, 2018

NSE Circular: Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip) w.e.f. DEC 20, 2018

NSE Circular: Listing of further issues of Future Lifestyle Fashions Limited, Himachal Futuristic Communications

Limited, Quick Heal Technologies Limited and Sical Logistics Limited (pdf)W.e.f. DEC 20, 2018

NSE Circular: Live trading sessions from Disaster Recovery (DR) site (pdf)W.e.f. DEC 20, 2018

NSE Circular: Listing of Equity Shares of Odisha Cement Limited pursuant to the Scheme of Arrangement (pdf)W.e.f.

DEC 20, 2018

NSE Circular: Suspension of trading in Equity Shares for non-compliance with Regulations 31 (pdf))W.e.f. DEC 20,

2018

NSE Circular: Contingency Dril l / Mock Trading schedule for 2019 in the Capital Market Segment (pdf)W.e.f. DEC 20,

2018

MORNING REPORT: 20 December 2018

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (Feb) 30690 30960 31265 31645 31875

SILVER (Mar) 35701 36548 37600 38824 40345

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (Feb)

409 414 420 427 433

ZINC (Dec) 174.25 177.60 180.65 184.70 187.90

LEAD (Dec) 131.20 134.10 137.20 140.40 143.75

NICKEL

(Dec) 725 740 761 786 805

ENERGY

COMMDITY

(MCX) S2 S1

PIVOT

POINT R1 R2

CRUDE OIL (JAN)

3100 3220 3345 3510 3636

NATURAL GAS (Dec)

236 245 256 270 281

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 20-Dec- 2018

Gold (Spot Dollar) major support =

$1220/$1195 & Resistance =

$1279/$1299.

Crude oil range (WTI)->$43 to $53.

Stocks Gain Before Fed Decision;

Treasuries Steady: Markets Wrap: -

Stocks climbed as investors waited to

see whether Federal Reserve policy

makers would strike a dovish stance

when they reveal their rate decision

today.

Forex - U.S. Dollar Falls Amid

Expectations of Fed Hike: - The U.S.

dollar was lower on Wednesday as

investors wait for the Federal Reserve to

raise interest rate hikes later in the day.

Fed officials, including Fed Chairman

Jerome Powell, have said interest rates

are nearing neutral and have become

more cautious about the FOMC policy

amid worry of slowing global growth.

Gold prices climb toward a nearly 6-

month high as Fed decision looms: -

Gold prices on Wednesday climbed

toward their highest finish in nearly six

months, finding support from a weaker

U.S. dollar ahead of the Federal

Reserve’s final monetary policy decision

of 2018.

Natural Gas Price Fundamental Daily

Forecast – Mild Forecast Continues

to Weigh on Prices: - The failure to

follow-through to the upside earlier

today serves as proof that yesterday’s

rally was technical in nature especially

since there were no significant changes

in the weather outlook.

U.S. Crude Oil Inventories Fell by

0.5M Barrels Last Week: EIA: - U.S.

crude oil inventories fell less than

expected last week, the Energy

Information Administration said in its

weekly report on Wednesday. The EIA

data showed that crude oil inventories

decreased by 0.497 million barrels in the

week to Dec. 14. That was compared to

forecasts for a stockpile draw of 2.44

million barrels, after a drop of 1.21

million barrels in the previous week,

amounting to a second-straight weekly

FOMC Economic Projections, FOMC

Statement, Federal Funds Rate, FOMC Press

Conference, Monetary Policy Statement of

JPY, BOJ Press Conference, Monetary Policy

Summary of GBP, Philly Fed Manufacturing

Index, Unemployment Claims, CB Leading

Index m/m, Natural Gas Storage.

MORNING REPORT: 20 December 2018

MORNING REPORT: 20 December 2018

MORNING REPORT: 20 December 2018

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