Market Watch 9th JANUARY 2017

MORNING BRIEFS GLOBAL INDICES

LTP

CHANGE(PTS)

CHANGE (%)

DOW JONES

19963.80

64.51

0.32

NASDAQ

5521.06

33.12

0.60

S&P 500

2276.98

7.98

0.35

FTSE 100

7210.05

14.74

0.20

DAX

11599.01

14.07

0.12

HANG SENG

22492.90

-10.11

-0.04

NIKKEI 225 SHANGHAI 2124.755 INDIAN MAJOR INDEX

19454.33

-66.36

-0.34

3156.99

2.67

LTP

CHANGE(PTS)

0.08 CHANGE (%)

NIFTY

8243.80

-30.00

-0.36

BANK NIFTY

18624

148

0.82

INDIA VIX

14.9125

-0.14

-0.19

SENSEX

26759.23

-119.01

-0.44

NIFTY MIDCAP 50

3766.70

--12.40

-0.33

NIFTY SMALLCAP

6063.25

-24.25

MCX & FOREX

LTP

CHANGE(PTS)

-0.40 CHANGE (%)

GOLD

27887

-61.00

-0.22

SILVER

40342

-106.00

-0.26

CRUDEOIL

3682

46.00

1.27

USDINR

67.96

0.00

0.00

FII & DII DAILY ACTIVITY CASH (FII)

BUY VALUE 3502.2

SELL VALUE 3757.41

NET VALUE -255.21

CASH(DII)

2563.28

2397.99

165.29

INDEX FUTURE

1542.76

1032.35

510.40

INDEX OPTION

26894.80

26063.96

830.84

STOCK FUTURE

7041.39

6872.29

169.10

STOCK OPTION

3212.16

3231.57

-19.41

Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

MARKET CLOSING BRIEFS: Shares gyrated between positive and negative terrain before ending the session lower on last hour of accelerated selling. The barometer index, the S&P BSE Sensex, fell 119.01 points or 0.44% to settle at 26,759.23. The Nifty 50 index fell 30 points or 0.36% to settle at 8,243.80. Investors booked some profits after benchmarks rose to a near two-month high in midmorning trade. The market breadth, which was positive for the last couple of trading sessions, turned negative on 6 January 2017. Shares of telecom and IT companies declined the most. IT shares slumped on worries over H-1B visas issue in the US.

MARKET TODAY’S VIEW: Domestic equity markets are likely to open on a flat note on Monday following Nifty50 futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.

SGX NIFTY: 8240.00 +42.00 +0.51%

MARKET BREADTH: ADVANCE DECLINE UNCHANGED

1813 2443 153

ECONOMIC CALENDER: Events to Watch for the Day Country

Event

Estimate

Prior

CHINA

CPI (YoY) (Dec)

-

2.3%

1

For Private Circulation Only

SECTORAL INDICES:

NIFTY SHORT TERM OUTLOOK: Nifty faces resistance at 38.2% retracement mark The Nifty opened higher but ended the trading session on a negative note. After giving a breakout, it has faced resistance at 8300 (Upper Bollinger Band and 38.2% retracement level). As mentioned last week, we saw a Bullish Engulfing pattern on the weekly chart and double bottom formation in daily chart. A positive close this week has confirmed that the Nifty could inch higher in the coming weeks. However, it is trading above its daily moving averages. We maintain our bullish outlook on the Nifty for a short-term target of 8430 with reversal being 8130.

INDEX TECHNICAL SNAPSHOTS INDICATIONS S2 S1 PIVOT R1 R2

Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

NIFTY FUTURE

BANK NIFTY FUTURE

8186 8213 8260 8287 8334

2

18080 18172 18249 18341 18418

For Private Circulation Only

PRICE- OI ANALYSIS NIFTY PRICE- OI CONCENTRATION: AS PER THE GIVEN GRAPH OF OPEN INTEREST CONCENTRATION OF NIFTY, OPEN INTEREST IN CALL OPTION IS HIGHER AT STRIKE PRICE 8300 LEVEL AND PUT OPTION OPEN INTEREST PUT OPTION IS HIGHER AT STRIKE PRICE 8000. STOCK FUTURE PRICE - OI ANALYSIS: LONG UNWINDING STOCKS

LONG BUILD UP STOCKS SYMBOL

LTP

ONGC

202.6

1.38%

8.78%

80.79%

65.8

6.39%

6.62%

599.28%

PNB

118.9

1.11%

4.07%

45.87%

IOC

PFC

129.9

2.65%

13.36%

83.84%

JETAIRWAYS

373.1

MOTHERSUMI

333.7

1.24%

11.54%

78.36%

IDFCBANK

60.85

JSWENERGY

CHANGE

OI CHANGE

VOL.CHANGE

SHORT COVERING STOCKS SYMBOL

LTP

BANKBARODA

153.8

LTP

HDIL

63.55

-0.39%

-2.98%

373

-4.46%

-12.31%

-79.44%

343.8

-1.42%

-3.09%

-14.46%

-0.61%

-3.64%

-20.83%

-0.08%

-0.34%

4.19%

JUSTDAIL

CHANGE

OI CHANGE

SYMBOL

VOL.CHANGE -29.46%

SHORT BUILDUP STOCKS CHANGE 1.62%

OI CHANGE

SYMBOL VOL.CHANGE

-4.49%

12.79%

ICICIBANK

258.7

0.47%

-0.71%

-11.79%

SBIN

247.2

0.41%

-0.49%

15.54%

ASIANPAINT

931.6

1.42%

-3.21%

-17.90%

EXIDEIND

187.4

1.54%

-1.41%

90.37%

Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

CHANGE

OI CHANGE

IDEA

72

-3.10%

7.00%

23.76%

ICOM

34

-2.16%

3.91%

70.37%

NCC

83.75

-3.24%

19.78%

50.00%

MARICO

261.4

-0.11%

26.33%

270.62%

980

-1.98%

11.98%

46.86%

INFY

3

LTP

VOL.CHANGE

For Private Circulation Only

STOCK IN NEWS Bank of India: State-run Bank of India said it has decided to reduce its interest rates on retail loans, including home and vehicle loans, with effect from today.

8K Miles Software: The Company will announce its financial results for the quarter ended December 31, 2016 today. Pokarna: The Company on Friday after market hours announced that Pokarna Engineered Stone, the wholly owned subsidiary, has partnered IKEA India, to serve as its exclusive quartz surfaces supply and installation partner.

BEML : The company informed bourses that the Ministry of Defence has communicated 'in-principal' approval of the Cabinet Committee on Economic Affairs (CCEA) of the Government of India, for strategic disinvestment of 26 per cent equity shares in BEML Limited out of Government of India shareholding of 54.03 per cent.

Granules India: The Company informed bourses that INFARMED Portugal, had conducted a renewal inspection of the company’s facility located at Gagillapur, Telangana. In this respect, the company on January 6, has received the inspection report from INFARMED with 11 observations. The Gagillapur facility manufactures Pharmaceutical Formulation Intermediates (PFIs) and Finished Dosages (FDs).

Burnpur Cement: The Company on Saturday informed bourses that the account of Burnpur Cement with the lenders has become irregular due to non payment of scheduled payment on account of cash flow mismatch as a result of demonetisation and depressed market. The matter is under discussion with the lenders and the lead bank is positive on suitable restructuring. The other banks are also in the process to follow the decision of consortium meeting.

Manaksia Industries: for the quarter ended December 31, 2016, the company reported a consolidated net profit of Rs 11.38 crore against Rs 0.50 crore in the corresponding quarter last year.

Sobha Ltd: the company during the third quarter ended December 31, 2016 has achieved new sales volume of 613652 square feet valued at Rs 3732 million with an average realisation of Rs 6082 per square feet. The company believes the decrease in sales volume as a short term outcome of the current economic scenario.

Jaiprakash Power Ventures: The Company is seeking holders’ nod for conversion of part of outstanding loan of lenders into shares. Outstanding loan of the company is at around Rs 3,058 crore.

Aurobindo Pharma: The company on January 7 informed bourses that its wholly owned step-down subsidiary, Agile Pharma BV, Netherland has entered into an agreement to acquire 100 per cent shareholdings in Generis Farmaceutica SA, a Portuguese pharmaceutical company engaged in the manufacture and marketing of pharma products in Portugal.

EVENTS & RESULT CALENDER BONUS -

EVENT - RESULT CALENDER BOARD MEETINGS EGM 8K Miles Software

-

RESULTS 8K Miles Software

Kaveri Seed Company

-

-

Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

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IPO & MF NEWS Current IPO IPO Name Maheshwari Logistics Ltd

Issue Size (Rs. In Cr.) 27.17

Issue Type Fixed Price - SME

LARGE CAP Birla SL Frontline Equity (G) SMALL & MID CAP DSP-BR Micro Cap Fund - RP (G) DIVERSIFIED EQUITY ICICI Pru Value Discovery Fund (G) THEMATIC - INFRASTRUCTURE Franklin Build India Fund (G) ELSS Birla SL Tax Relief 96 (G) INDEX » Kotak Nifty ETF BALANCED » Birla Sun Life Bal. 95 Fund (G) DEBT LONG TERM » HDFC High Interest - Dynamic (G) DEBT SHORT TERM » Axis Short Term Fund (G) ULTRA SHORT TERM DEBT Axis Banking & PSU Debt Fund (G) CREDIT OPPORTUNITIES FUNDS Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

5

Price Band (Rs.) 68.00 to 0.00

Open/Close Date 30-Dec to 06-Jan

RETURNS (%) 6 mth 0.8

1 yr 8.2

3 yr 16.1

RETURNS (%) 6 mth 7.4

1 yr 15

3 yr 41.4

RETURNS (%) 6 mth 1.1

1 yr 6.1

3 yr 24.8

RETURNS (%) 6 mth 3.4

1 yr 10.1

3 yr 29.3

RETURNS (%) 6 mth --

1 yr 4.3

3 yr 20.5

RETURNS (%) 6 mth -1.4

1 yr 4

3 yr 10.4

RETURNS (%) 6 mth 3.1

1 yr 10.3

3 yr 18.7

RETURNS (%) 6 mth 9.7

1 yr 15.1

3 yr 12.2

RETURNS (%) 6 mth 5.3

1 yr 9.8

3 yr 9.3

RETURNS (%) 6 mth 4

1 yr 8.5

3 yr 8.7

RETURNS (%) 6 mth

1 yr

3 yr

For Private Circulation Only

Birla SL Short Term Opp-RP (G)

6.6

11.6

10.4

GILT LONG TERM

RETURNS (%) 6 mth 11

1 yr 17.2

3 yr 14

RETURNS (%) 6 mth 7.9

1 yr 14.3

3 yr 15.2

RETURNS (%) 6 mth 3.6

1 yr 7.9

3 yr 8.5

HDFC Gilt Fund- LTP (G) MIP AGGRESSIVE Birla SL MIP II-Wealth 25 (G) LIQUID Indiabulls Liquid Fund (G)

CNX NIFTY HEAT MAP

Source data: moneycontrol.com, cnbc.com, capitalmarket.com, economictimes.com, businessstandards.com, nseindia.com, bseindia.com, sgxnifty.org, ndtvprofit.com, forexlive.com, reuters.com, icharts.in, investing.com Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

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Research Disclaimer Peerless Securities Ltd.( the Company ), a well established and reputed member of all the major stock exchanges, has been offering broking and allied services to clients since 1995. The Company is a registered Research Analyst, as per SEBI (Research Analysts) Regulations, 2014 and provides research services on securities. Research report is a written or electronic communication that includes research analysis, research recommendation or an opinion concerning securities or public offer, providing a basis for investment decisions. The v i e ws e x p r e s s e d t h e r e i n are based solely on information available publicly/internal data/other reliable sources believed to be true. The information is provided merely as a complementary service and do not constitute an offer, solicitation for the purchase or sale of any financial instruments, inducement, promise, guarantee, warranty, or as an official confirmation of anytransactions or contract of any kind. The reports are provided for assistance and are not intended to be and must not alone be taken as the basis for an investment decision. The research report does not constitute an offer, invitation orinducement to invest in securities or other investments and PSL is not soliciting any action based upon it. Before acting on any advice or recommendation in this material, investors should consider whetherit is suitable for their particular circumstances and, if necessary, seek professional advice. The investor assumes the entire risk of any use made of this information. Though disseminated to clients simultaneously, not all clients may receive the reports at the same time. PSL will not treat recipients as clients by virtue of their receiving this report. The reports include projections, forecasts and other predictive statements which represent PSL’s assumptions and expectations in the light of currently available information. These projections andforecasts are based on industry trends, circumstances and factors which involve risks, variables and uncertainties. The actual performance of the companies represented in the report may vary fromthose projected. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice. Reports based on technical analysis is focused on studying charts of a stock's price movement and trading volume, as opposed to focusing on a company's fundamentals and as such, may not match with a report on a company's fundamentals. The reports do not take into account the particular investment objectives, financial situations, risk profile or needs of individual clients. The investor assumes the entire risk of any use made of this information. Each recipient of the reports should make such investigation as deemed necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in such reports (including the merits and risks involved). The recommendations in the reports are based on 12 month horizon, unless otherwise specified. The investment ratings are on absolute positive/negative return basis. It is possible that due to volatile pricefluctuation in the near to medium term, there could be a temporary mismatch to rating. For reasons of valuations/return/lack of clarity/event we may revisit rating at appropriate time. The stocks always carry the risk of being upgraded to buy or downgraded to a hold, reduce or sell. The opinions expressed in the reports are subject to change but we have no obligation to tell our clients when ouropinions or recommendations change. The reports are non-inclusive and do not consider all the information that the recipients may consider material to investments. The reports are issued by PSLwithout any liability/undertaking/commitment on the part of itself or any of its entities. PSL, Research analysts, persons reporting to research analysts and their relatives may have financial interests and material conflict of interest in the subject company. PSL, Research analysts, persons reporting to research analysts and their relatives may have actual/beneficial ownership of 1% or more in the subject company’s securities, at the month immediately preceding the date of publication of this research report. Past performance is not a guide for future performance, future returns are not guaranteed and investors may suffer losses which may exceed their original capital. Compliance Officer: Mr RajKumar Mukkerjee; Tel: 033 40502701; email: [email protected] Contact: [email protected] SEBI Registration details: NSE - INB/INE/INF230821137; BSE - INB010821131; BSE CURRENCY- SEBI Registered; Research Analyst- INH300002365; NSDL - IN-DP-NSDL-96-99, DP ID: IN300958; CDSL: IN-DP-CDSL-505-2009; MUTUAL FUND ARN- 2103; CIN: U67120WB1995PLC067616 For Detail Disclaimer, visit: http://peerlesssec.co.in/Downloads/ResearchDisc.pdf

Peerless Securities Ltd. Peerless Mansion, 1, Chowringhee Square, 2nd Floor, Kolkata- 69

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