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 :3 DECEMBER 2018

GLOBAL INDICES

NAME CMP NET CH. %

Dow 25538.46 199.62 0.79%

Nasdaq 7330.54 57.45 0.79%

Nikkei 22653.08 302.02 1.35%

HANG SENG INDEX 27209.81 703.06 2.65%

SGX NIFTY 10975.00 65.00 0.65%

INDIAN INDICES

NAME CMP NET CH. %

BSE SENSEX 36194.3 23.89 0.07%

Nifty 50 10876.75 18.05 0.17%

INDIAN ADR’S

SYMBOL CLOSE GAIN/ LOSS %

DRREDDY 38.44 0.39

HDFCBANK 101.42 -0.32

ICICIBK 10.17 -1.64

INFY 9.86 1.86

TATA MOTOR 12.20 -2.17

WIPRO 5.22 2.55

FII AND MF ACTIVITY

SYMBOL Rs.(in cr.)

FIIs Eq (Provisional) -333

DIIs Eq (Provisional) 1490

FIIs Index Future 172

FIIs Index Options 1522

FIIs Stock Future 32

FIIs Stock Options 289

CURRENCY

CURERNCY RBI RATE

RUPEE - $ 69.6574

EURO 79.3588

YEN 100 61.4300

GBP 89.0848

WORLD EVENTS

WORLD COMMODITIES

FUTURE CMP %

CRUDE 53.4 3.79%

NATURAL GAS 4.487 -3.42%

GOLD 1229.5 -0.07%

SILVER 14.195 -0.55%

COPPER 2.8465 2.04%

MARKET PULSE MARKET PULSE

TOP STORY

Biocon’s jointly developed product “Fulphila” with Mylan has been granted marketing authorisation from the

European Commission.

Monte Carlo Fashion’s board approved buy back of 4.6 percent of equity paid -up share capital at Rs 550 per

share, aggregating to Rs 55 crore.

Indian Oil Corporation to reduce Delhi’s non-subsidized LPG price by Rs 133 per bottle from Dec. 01,

according to a Bloomberg report.

SAIL’s Durgapur alloy plant is showing improved performance and the unit is geared up to make profit next

year said Steel Minister, Birender Singh. He also added that Durgapur Steel plant is in the process of scaling up

crude output from 1.8 million tons now to 2.2 million tons next year and losses at Salem Mill have been reduced

this year and may drop by around 20 percent

TV Today Network’s Chief Executive Officer Vivek Khanna resigned from his post.

Aviation stocks in focus as ATF prices for October cut by 11 percent pan India due to lower crude prices and

stronger rupee.

The Uttar Pradesh government state advised prices (SAP) for sugarcane at Rs 315 a quintal.

Sandhar Technologies signed JV pact with South Korea's Kwangsung to make plastic-mould parts for cars, trucks.

NO IMP RESULTS

RESULTS TODAY

USD : FOMC Member Clarida Speaks

: FOMC Member Quarles Speaks

: ISM Manufacturing PMI

GBP : Manufacturing PMI

: MPC Member Haldane Speaks

MORNING REPORT: 3 December 2018

MARKET LEVELS

NAME PIVOTNIFTY 10878 10834 10791 10746 10921 10966 11009

USDINR 69.760 69.585 69.400 69.225 69.945 70.120 70.305

SUPPORT LEVELS RESISTANCE LEVELS

MARKET COMMENTARY

The Sensex rose 23.89 points or 0.07% to settle at 36,194.30, its highest closing level since 1 October 2018. The index rose 218.81 points, or 0.60% at the day's high of 36,389.22. The index fell 87.44 points, or 0.24% at the day's low of 36,082.97.

The Nifty 50 index rose 18.05 points or 0.17% to settle at 10,876.75, its highest closing level since 1 October 2018. The index rose 63.75 points, or 0.59% at the day's high of 10,922.45. The index fell 23.60 points, or 0.22% at the day's low of 10,835.10.

Among secondary barometers, the BSE Mid-Cap index rose 0.56%. The BSE Small-Cap index rose 0.52%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was almost even. On BSE, 1300 shares rose and 1303 shares fell. A total of 157 shares were unchanged.

Nifty likely to trade in the range of 10750-11000

NIFTY CHART

MORNING REPORT: 3 December 2018

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

EXCEL SARVOTTAM SECURITIES PRIVATE LIMITED B 540,000 3.6

GARVIND SURENDER KUMAR B 100,000 7.8

ICICIGI RED BLOOM INVESTMENT LTD S 14,278,821 800

REPCOHOME THE PABRAI INVESTMENT FUND IV LP S 684,000 338.17

SUPRBPA JAY BHAVSAR B 30,005 22.41

BULK DEALS (NSE)

SCRIP CLIENT NAME BUY/SELL QUANTITY PRICE

BHEL INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. BUY 30167975 68.57

CARERATING COPTHALL MAURITIUS INVESTMENT LIMITED BUY 152020 957.2

DIVISLAB INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. SELL 1886001 1438.98

SILGO OVERSKUD MULTI ASSET MANAGEMENT PRIVATE LIMITED BUY 42000 36.25

SILGO NOPEA CAPITAL SERVICE PRIVATE LIMITED SELL 42000 36.25

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

In ban: none Out of ban: none

Initial Public Offering (IPO)

Company Name Security

type Issue Start Date

Issue End Date

Status

MORNING REPORT: 3 December 2018

NIFTY 50 STOCKS: SUPPORT & RESISTANCE

Symbol Close Support 1 Support 2 Pivot Point Resistance 1 Resistance 2ADANIPORTS 366 361 357 368 372 379

ASIANPAINT 1346 1338 1330 1350 1358 1370

AXISBANK 626 621 617 628 633 640

BAJAJ-AUTO 2746 2709 2671 2739 2776 2807

BAJAJFINSV 5994 5936 5878 6018 6076 6158

BHARTIARTL 314 308 303 316 322 330

BPCL 324 319 314 326 331 337

CIPLA 541 531 522 537 546 552

COALINDIA 245 240 235 244 249 253

DRREDDY 2722 2675 2627 2705 2752 2782

EICHERMOT 23405 23230 23055 23485 23660 23915

GAIL 343 338 333 343 348 354

GRASIM 866 854 841 863 876 885

HCLTECH 1015 1004 993 1015 1026 1037

HDFC 1989 1968 1948 1984 2004 2019

HDFCBANK 2128 2113 2098 2125 2141 2153

HEROMOTOCO 3055 3030 3004 3046 3071 3087

HINDALCO 226 222 218 225 229 231

HINDPETRO 232 226 220 236 242 252

HINDUNILVR 1754 1731 1709 1765 1787 1821

IBULHSGFIN 716 707 699 716 724 733

ICICIBANK 355 351 347 358 362 369

INDUSINDBK 1632 1612 1592 1643 1663 1695

INFRATEL 257 253 249 259 263 270

INFY 667 662 656 667 673 678

IOC 135 133 131 134 136 138

ITC 286 284 282 287 289 292

KOTAKBANK 1234 1208 1183 1223 1249 1264

LT 1433 1416 1399 1427 1444 1455

LUPIN 887 871 856 881 897 907

M&M 791 780 769 788 799 807

MARUTI 7662 7579 7496 7653 7736 7810

NTPC 140 138 135 140 143 145

ONGC 140 138 136 141 143 146

POWERGRID 180 178 175 181 183 186

RELIANCE 1168 1158 1148 1172 1182 1196

SBIN 285 282 279 286 289 294

SUNPHARMA 493 485 477 489 497 502

TATAMOTORS 172 170 168 172 174 177

TATASTEEL 530 524 519 531 536 542

TCS 1968 1955 1942 1973 1986 2004

TECHM 706 692 678 701 715 724

TITAN 927 920 912 925 933 938

ULTRACEMCO 4000 3963 3927 4022 4058 4117

UPL 758 747 736 766 777 797

VEDL 196 193 191 197 200 203

WIPRO 325 317 309 322 329 334

YESBANK 170 163 156 167 174 178

ZEEL 489 484 478 490 495 502

MORNING REPORT: 3 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 03, 2018

NSE Circular: Applicability of Short Term Additional Surveillance Measure (ST-ASM) (zip) w.e.f. DEC 03, 2018

NSE Circular : SEBI order in the matter of Paradigm Agro Products Limited (zip)W.e.f. NOV 30, 2018

NSE Circular: Quantity Freeze Limits for Indices (pdf)W.e.f. DEC 03, 2018

NSE Circular: Listing of Equity Shares of Techno Electric & Engineering Company Limited pursuant to the Scheme of

Amalgamation & Arrangement (zip)W.e.f. DEC 03, 2018

NSE Circular: Discontinuation of Tick Agent Application (pdf)W.e.f. DEC 03, 2018

MORNING REPORT: 3 December 2018

PRECIOUS METALS:

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

GOLD (Feb) 29755 29970 30290 30645 30875

SILVER (Mar) 34200 35010 36222 37330 38468

BASE METALS

COMMDITY (MCX)

S2 S1 PIVOT POINT

R1 R2

COPPER (Feb)

418 423 433 441 448

ZINC (Dec) 171.25 174.40 178.50 182.70 185.40

LEAD (Dec) 130.30 134.25 137.60 142.75 146.85

NICKEL

(Dec) 730 752 773 799 815

ENERGY

COMMDITY

(MCX) S2 S1

PIVOT

POINT R1 R2

CRUDE OIL (Dec)

3330 3440 3550 3720 3885

NATURAL GAS (Dec)

290 301 316 331 342

DATA TALKS : TODAY’S ECONOMIC DATA :

NEWS & RUMOURS: TRENDS & OUTLOOK – DATE: 03-Dec- 2018

Gold (Spot Dollar) major support =

$1195/$1164 & Resistance =

$1251/$1284.

Crude oil range (WTI)->$46 to $56.

U.S. Stocks Climb, Bonds Rise with Trade

Talks Due: Markets Wrap: - U.S. stocks rose

in early trading, with investors focused on the

outlook for trade ahead of a meeting

between the American and Chinese

presidents. Treasuries edged higher and oil

fell.

Forex - Dollar Rises After Strong

Chicago PMI Data: - The dollar was

higher on Friday after manufacturing

activity in the Chicago area rose to a

four-and-a-half-year high. The Chicago

purchasing managers’ index rose to 66.4

in November, compared to expectations

for a rise to 58.6, the Institute for

Supply Management reported. On the

index, a number above 50.0 indicates an

expansion, while below indicates

contraction.

Oil Prices Extend Losses to Worst

Monthly Selloff in 10 Years: - Oil

prices tumbled again on Friday, turning

negative for the week and chalking up

their worst monthly decline since 2008

as Russia seemed to seesaw again by

giving another sign that output

reductions were not a priority. Russian

Energy Minister Alexander Novak said in

an interview with TASS agency

published on Friday that producers and

consumers were comfortable with

current prices, suggesting little need for

production cuts to go ahead when OPEC

and other major producers meet on Dec.

6 and 7.

Natural gas markets initially fell during the

day on Thursday but turned around and

recovered from the $4.50 level. I think this is

an opportunity to start selling at a higher

level, as I think the $4.75 level is the

beginning of resistance that extends to the

$5.00 level. At this point, I think that the first

signs of exhaustion will be sold on short-term

charts, as we continue to bounce around

Caixin Manufacturing PMI of China, Final

Manufacturing PMI, ISM Manufacturing PMI,

Construction Spending m/m, ISM

Manufacturing Prices, Total Vehicle Sales.

MORNING REPORT: 3 December 2018

MORNING REPORT: 3 December 2018

MORNING REPORT: 3 December 2018

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