< On Monday, the selloff continued on D-Street amid weak global cues. The week kicked off on a pessimistic note yesterday for the benchmark indices, as most of the global markets were trading in the red amid coronavirus fears. The index NIFTY spot started the session near the 12,200 mark and almost tested 12,100 to close with a loss of around 130 points. Meanwhile, the NIFTY BANK index lost more than 400 points from its previous week’s close.
< Initially, the market breadth remained in favour of advancing counters during the first half but turned negative as the day progressed with 632 advances vs 1,034 declines. On the sectoral front, apart from NIFTY PHARMA, all other group indices ended in the red. Among the losers, the NIFTY METAL and NIFTY PSU BANK counters ended with a significant cut.
Market Outlook
< As mentioned in our daily and weekly newsletters, we don’t expect the index to sustain at higher levels. Yesterday, the NIFTY spot tumbled more than 100 points and closed well below Friday’s low of 12,150. Also, it is hovering near the recent swing low of 12,090. A breach of this level might drag the index towards 12,000 or below levels.
< On the upside, the intermediate resistances are placed in the 12,200–12,300 zone, but on a broader perspective, 12,400–12,600 could be a supply zone since that is the placement of a couple of rising trend line resistances on the larger degree charts. Also, we are witnessing a negative divergence in the weekly and monthly RSI of the NIFTY. Based on this observation, we are of the opinion that this could be the final leg of the upward move, and a wiser strategy ahead of the budget could be to book longs in the coming week.
Bank Nifty Outlook
< Similar to the NIFTY, even the NIFTY BANK index breached Friday’s support of 30,879 and close well below this mark. Going ahead, 30,600 would remain a crucial support for the index. A breach of the same might gradually drag the index towards 29,500, which is the target of a head-and-shoulder breakdown.
< On the upside, 31,200–31,400 could be the intermediate resistance for the coming sessions.
Exhibit 4: Participants Activity
FII STATS
FII (Activity in no. of Contracts)
in Rs. Cr.
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
-2269.16
-7763
16407
-24,170
Short addition
-45849
INDEX CALLS
437.82
10009
7854
2,155
Bought CE and PE
64440
INDEX PUTS
9671
7099
2,572
81157
NET
-2522.49
Bearish
PROP (Activity in no. of Contracts)
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
15630
-3252
18,882
Long Addition
3871
INDEX CALLS
807
100071
-99,264
Sold CE
-149257
INDEX PUTS
12346
-28655
41,001
-216154
Bearish
Note on Participants Activity
< In index futures, FIIs remained bearish by adding fresh short positions. However in index options they remained neutral by buying some CE and PE options.
< In rupee terms, FII sold index futures of 2269 crores and index options they were buyers of 438 crores.
< In cash segment, FII were sellers of around 439 crores while DIIs bought equities worth 11 crores.
Derivative Outlook
< Yesterday’s price action of NIFTY future was bearish with rise in OI by +3.05%. Even the volumes were very high which indicates fresh short addition.
< The premium of NIFTY Future is now at 6 from 23 points. The PCR has reached 1.11 from 1.41 which is a comfortable level.
As per the NIFTY option chain overall OI at 12000 strike PE is now at 3.9 million shares which can act as support. On the upside, there is OI built up in 12200 CE options of around 5.5 million shares which indicate resistance there.
Exhibit 6: LONG BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
CHOLAFIN
330.5
1.66%
5607500
35.86%
JUBLFOOD
1816.25
0.48%
3683000
30.60%
DRREDDY
3192.9
5.11%
3682750
11.84%
ESCORTS
729.55
0.83%
5441700
10.01%
LUPIN
751.15
1.40%
9690800
9.50%
Source: Company, IndiaNivesh Research
Exhibit 7: SHORT BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
TORNTPHARM
2027.55
-0.63%
463500
21.02%
RAMCOCEM
860.45
-1.23%
2084800
14.95%
SRTRANSFIN
1077
-0.88%
4747200
11.70%
ONGC
116.65
-1.14%
63275300
10.81%
BANKNIFTY
30879.05
-1.44%
1751880
10.38%
Source: Company, IndiaNivesh Research
Exhibit 8: LONG UNWINDING
SYMBOL
Close
Price change %
OI
OI Change %
NIFTYIT
16346
-0.57%
7300
-11.52%
YESBANK
42.4
-0.93%
242334400
-11.00%
BALKRISIND
1075.2
-2.96%
1703200
-10.02%
WIPRO
245.55
-1.11%
23033600
-9.61%
NBCC
37.15
-1.07%
25768600
-9.58%
Source: Company, IndiaNivesh Research
Exhibit 9: SHORT COVERING
SYMBOL
Close
Price change %
OI
OI Change %
UJJIVAN
366.2
0.66%
7026100
-5.77%
AXISBANK
740.1
0.14%
49698000
-5.51%
PIDILITIND
1474.1
1.03%
3013000
-5.13%
AUROPHARMA
510.7
1.96%
16018000
-2.63%
PEL
1697.3
1.21%
5401629
-2.47%
Source: Company, IndiaNivesh Research
Nifty 50 Pivots
SYMBOL
Close
S2
S1
Pivot
R1
R2
ADANIPORTS
381.25
375.98
378.62
382.43
385.07
388.88
ASIANPAINT
1788.35
1765.62
1776.98
1791.37
1802.73
1817.12
AXISBANK
740.25
722.45
731.35
739.90
748.80
757.35
BAJAJ-AUTO
3082.60
3004.30
3043.45
3083.20
3122.35
3162.10
BAJFINANCE
4164.35
4121.45
4142.90
4175.45
4196.90
4229.45
BAJAJFINSV
9557.60
9466.60
9512.10
9580.50
9626.00
9694.40
BPCL
467.75
458.72
463.23
467.52
472.03
476.32
BHARTIARTL
514.40
504.60
509.50
516.80
521.70
529.00
INFRATEL
241.85
236.95
239.40
241.45
243.90
245.95
BRITANNIA
3174.20
3124.73
3149.47
3179.73
3204.47
3234.73
CIPLA
464.45
449.42
456.93
461.72
469.23
474.02
COALINDIA
193.35
190.45
191.90
193.45
194.90
196.45
DRREDDY
3188.75
2920.25
3054.50
3131.75
3266.00
3343.25
EICHERMOT
21095.20
20624.53
20859.87
21010.33
21245.67
21396.13
GAIL
126.75
124.05
125.40
127.45
128.80
130.85
GRASIM
813.10
793.10
803.10
820.00
830.00
846.90
HCLTECH
604.35
598.45
601.40
604.70
607.65
610.95
HDFCBANK
1213.20
1196.73
1204.97
1219.98
1228.22
1243.23
HEROMOTOCO
2455.75
2386.32
2421.03
2459.77
2494.48
2533.22
HINDALCO
198.25
193.58
195.92
199.73
202.07
205.88
HINDUNILVR
2061.35
2050.28
2055.82
2062.28
2067.82
2074.28
HDFC
2395.80
2353.27
2374.53
2409.77
2431.03
2466.27
ICICIBANK
537.25
524.42
530.83
537.92
544.33
551.42
ITC
234.60
232.33
233.47
235.43
236.57
238.53
IOC
117.45
115.02
116.23
118.22
119.43
121.42
INDUSINDBK
1271.20
1235.73
1253.47
1282.73
1300.47
1329.73
INFY
778.10
768.70
773.40
779.10
783.80
789.50
JSWSTEEL
262.80
254.73
258.77
262.33
266.37
269.93
KOTAKBANK
1618.35
1597.98
1608.17
1618.58
1628.77
1639.18
LT
1348.60
1326.27
1337.43
1351.17
1362.33
1376.07
M&M
578.30
555.10
566.70
574.60
586.20
594.10
MARUTI
7148.80
6980.93
7064.87
7144.93
7228.87
7308.93
NTPC
113.15
110.98
112.07
113.68
114.77
116.38
NESTLEIND
15666.05
15405.28
15535.67
15690.33
15820.72
15975.38
ONGC
117.25
115.82
116.53
117.52
118.23
119.22
POWERGRID
193.00
189.77
191.38
193.92
195.53
198.07
RELIANCE
1506.55
1492.55
1499.55
1512.00
1519.00
1531.45
SBIN
316.20
311.80
314.00
318.00
320.20
324.20
SUNPHARMA
448.40
437.90
443.15
447.45
452.70
457.00
TCS
2169.25
2147.45
2158.35
2175.90
2186.80
2204.35
TATAMOTORS
182.20
177.27
179.73
183.32
185.78
189.37
TATASTEEL
57.05
54.72
55.88
57.67
58.83
60.62
TECHM
791.50
772.53
782.02
789.13
798.62
805.73
TITAN
1213.80
1189.50
1201.65
1221.00
1233.15
1252.50
UPL
537.25
525.68
531.47
540.78
546.57
555.88
ULTRACEMCO
4676.95
4552.25
4614.60
4684.35
4746.70
4816.45
VEDL
148.85
144.82
146.83
150.12
152.13
155.42
WIPRO
245.35
242.85
244.10
246.00
247.25
249.15
YESBANK
42.40
40.97
41.68
42.57
43.28
44.17
ZEEL
278.95
271.98
275.47
278.68
282.17
285.38
Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share.
Posted by Mehul Kothari | Published on 23-JAN-2020
Market Recap
Market Outlook
Bank Nifty Outlook
Exhibit 4: Participants Activity
FII STATS
FII (Activity in no. of Contracts)
in Rs. Cr.
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
-927.18
4301
13268
-8,967
Short addition
-8113
INDEX CALLS
22.71
-3954
16297
-20,251
Sold CE and Bought PE
44832
INDEX PUTS
18937
-1453
20,390
81157
NET
-2532.12
Bearish
PROP (Activity in no. of Contracts)
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
3512
1135
2,377
Long addition
-18282
INDEX CALLS
7706
52614
-44,908
Sold CE
-243566
INDEX PUTS
-5173
-6027
854
-216154
Bearish
Source: Company, IndiaNivesh ResearchNote on Participants Activity
Derivative Outlook
Exhibit 6: LONG BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
PFC
109.25
2.53%
54888600
31.76%
IOC
113.7
0.40%
117188000
27.57%
TORNTPOWER
317.35
0.57%
3891000
16.32%
CADILAHC
270.4
0.39%
8822000
12.61%
NIFTYIT
16287
0.99%
6700
10.74%
Source: Company, IndiaNivesh Research
Exhibit 7: SHORT BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
OIL
135.3
-6.50%
8745627
40.91%
COALINDIA
191.55
-5.10%
29575800
35.37%
NTPC
112.2
-4.59%
79900800
34.40%
POWERGRID
199.1
-1.09%
29636000
30.74%
ONGC
116.15
-5.42%
51250000
23.19%
Source: Company, IndiaNivesh Research
Exhibit 8: LONG UNWINDING
SYMBOL
Close
Price change %
OI
OI Change %
JINDALSTEL
179.2
-3.60%
30545000
-3.86%
TORNTPHARM
2008.9
-0.98%
408000
-3.77%
FEDERALBNK
93.9
-0.90%
62762000
-3.50%
TATACHEM
750
-0.24%
3048300
-3.37%
MRF
67926.55
-0.09%
20100
-3.23%
Source: Company, IndiaNivesh Research
Exhibit 9: SHORT COVERING
SYMBOL
Close
Price change %
OI
OI Change %
BALKRISIND
1101.25
0.76%
2018400
-6.69%
HCLTECH
590.4
1.11%
26108600
-3.50%
INFY
772.85
1.16%
27873600
-3.16%
MCDOWELL-N
588.7
1.89%
12732500
-2.81%
TECHM
781.1
0.07%
15585600
-2.62%
Source: Company, IndiaNivesh Research
Nifty 50 Pivots
SYMBOL
Close
S2
S1
Pivot
R1
R2
ADANIPORTS
383.60
376.53
380.07
382.53
386.07
388.53
ASIANPAINT
1779.25
1736.42
1757.83
1788.27
1809.68
1840.12
AXISBANK
712.60
697.83
705.22
713.98
721.37
730.13
BAJAJ-AUTO
3076.40
3045.60
3061.00
3085.50
3100.90
3125.40
BAJFINANCE
4142.20
4087.53
4114.87
4150.68
4178.02
4213.83
BAJAJFINSV
9547.50
9442.50
9495.00
9547.50
9600.00
9652.50
BPCL
455.45
446.32
450.88
458.67
463.23
471.02
BHARTIARTL
514.50
497.93
506.22
514.98
523.27
532.03
INFRATEL
241.00
231.00
236.00
240.50
245.50
250.00
BRITANNIA
3106.35
3061.52
3083.93
3111.32
3133.73
3161.12
CIPLA
471.60
464.00
467.80
474.05
477.85
484.10
COALINDIA
191.90
185.63
188.77
194.08
197.22
202.53
DRREDDY
3062.05
3013.85
3037.95
3071.50
3095.60
3129.15
EICHERMOT
21100.00
20772.00
20936.00
21108.00
21272.00
21444.00
GAIL
125.90
124.03
124.97
126.43
127.37
128.83
GRASIM
792.90
754.43
773.67
786.33
805.57
818.23
HCLTECH
590.65
575.55
583.10
589.05
596.60
602.55
HDFCBANK
1240.85
1222.82
1231.83
1243.42
1252.43
1264.02
HEROMOTOCO
2399.05
2365.02
2382.03
2396.02
2413.03
2427.02
HINDALCO
203.60
200.00
201.80
204.80
206.60
209.60
HINDUNILVR
2051.70
2011.17
2031.43
2047.47
2067.73
2083.77
HDFC
2416.60
2366.23
2391.42
2437.38
2462.57
2508.53
ICICIBANK
522.85
511.98
517.42
526.18
531.62
540.38
ITC
238.05
235.75
236.90
238.25
239.40
240.75
IOC
113.65
109.22
111.43
114.17
116.38
119.12
INDUSINDBK
1327.40
1307.80
1317.60
1332.80
1342.60
1357.80
INFY
770.20
759.40
764.80
771.40
776.80
783.40
JSWSTEEL
265.85
262.08
263.97
266.63
268.52
271.18
KOTAKBANK
1585.50
1537.90
1561.70
1599.80
1623.60
1661.70
LT
1294.20
1279.40
1286.80
1299.40
1306.80
1319.40
M&M
553.60
545.53
549.57
553.03
557.07
560.53
MARUTI
7135.60
6939.17
7037.38
7206.17
7304.38
7473.17
NTPC
112.15
108.88
110.52
113.13
114.77
117.38
NESTLEIND
15548.70
15194.23
15371.47
15478.23
15655.47
15762.23
ONGC
116.40
112.13
114.27
118.13
120.27
124.13
POWERGRID
200.05
189.18
194.62
198.48
203.92
207.78
RELIANCE
1533.35
1521.42
1527.38
1537.07
1543.03
1552.72
SBIN
316.15
312.32
314.23
315.62
317.53
318.92
SUNPHARMA
446.30
440.00
443.15
448.50
451.65
457.00
TCS
2206.90
2160.57
2183.73
2196.87
2220.03
2233.17
TATAMOTORS
185.60
179.20
182.40
187.45
190.65
195.70
TATASTEEL
58.45
55.08
56.77
59.73
61.42
64.38
TECHM
778.75
767.55
773.15
781.80
787.40
796.05
TITAN
1177.65
1164.58
1171.12
1178.53
1185.07
1192.48
UPL
562.95
536.95
549.95
566.40
579.40
595.85
ULTRACEMCO
4476.95
4416.32
4446.63
4493.32
4523.63
4570.32
VEDL
153.20
149.30
151.25
154.75
156.70
160.20
WIPRO
245.85
241.18
243.52
247.73
250.07
254.28
YESBANK
38.45
37.48
37.97
38.48
38.97
39.48
ZEEL
300.35
260.12
280.23
292.12
312.23
324.12
Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share.
SYMBOL
Close
S2
S1
Pivot
R1
R2
ADANIPORTS
383.60
376.53
380.07
382.53
386.07
388.53
ASIANPAINT
1779.25
1736.42
1757.83
1788.27
1809.68
1840.12
AXISBANK
712.60
697.83
705.22
713.98
721.37
730.13
BAJAJ-AUTO
3076.40
3045.60
3061.00
3085.50
3100.90
3125.40
BAJFINANCE
4142.20
4087.53
4114.87
4150.68
4178.02
4213.83
BAJAJFINSV
9547.50
9442.50
9495.00
9547.50
9600.00
9652.50
BPCL
455.45
446.32
450.88
458.67
463.23
471.02
BHARTIARTL
514.50
497.93
506.22
514.98
523.27
532.03
INFRATEL
241.00
231.00
236.00
240.50
245.50
250.00
BRITANNIA
3106.35
3061.52
3083.93
3111.32
3133.73
3161.12
CIPLA
471.60
464.00
467.80
474.05
477.85
484.10
COALINDIA
191.90
185.63
188.77
194.08
197.22
202.53
DRREDDY
3062.05
3013.85
3037.95
3071.50
3095.60
3129.15
EICHERMOT
21100.00
20772.00
20936.00
21108.00
21272.00
21444.00
GAIL
125.90
124.03
124.97
126.43
127.37
128.83
GRASIM
792.90
754.43
773.67
786.33
805.57
818.23
HCLTECH
590.65
575.55
583.10
589.05
596.60
602.55
HDFCBANK
1240.85
1222.82
1231.83
1243.42
1252.43
1264.02
HEROMOTOCO
2399.05
2365.02
2382.03
2396.02
2413.03
2427.02
HINDALCO
203.60
200.00
201.80
204.80
206.60
209.60
HINDUNILVR
2051.70
2011.17
2031.43
2047.47
2067.73
2083.77
HDFC
2416.60
2366.23
2391.42
2437.38
2462.57
2508.53
ICICIBANK
522.85
511.98
517.42
526.18
531.62
540.38
ITC
238.05
235.75
236.90
238.25
239.40
240.75
IOC
113.65
109.22
111.43
114.17
116.38
119.12
INDUSINDBK
1327.40
1307.80
1317.60
1332.80
1342.60
1357.80
INFY
770.20
759.40
764.80
771.40
776.80
783.40
JSWSTEEL
265.85
262.08
263.97
266.63
268.52
271.18
KOTAKBANK
1585.50
1537.90
1561.70
1599.80
1623.60
1661.70
LT
1294.20
1279.40
1286.80
1299.40
1306.80
1319.40
M&M
553.60
545.53
549.57
553.03
557.07
560.53
MARUTI
7135.60
6939.17
7037.38
7206.17
7304.38
7473.17
NTPC
112.15
108.88
110.52
113.13
114.77
117.38
NESTLEIND
15548.70
15194.23
15371.47
15478.23
15655.47
15762.23
ONGC
116.40
112.13
114.27
118.13
120.27
124.13
POWERGRID
200.05
189.18
194.62
198.48
203.92
207.78
RELIANCE
1533.35
1521.42
1527.38
1537.07
1543.03
1552.72
SBIN
316.15
312.32
314.23
315.62
317.53
318.92
SUNPHARMA
446.30
440.00
443.15
448.50
451.65
457.00
TCS
2206.90
2160.57
2183.73
2196.87
2220.03
2233.17
TATAMOTORS
185.60
179.20
182.40
187.45
190.65
195.70
TATASTEEL
58.45
55.08
56.77
59.73
61.42
64.38
TECHM
778.75
767.55
773.15
781.80
787.40
796.05
TITAN
1177.65
1164.58
1171.12
1178.53
1185.07
1192.48
UPL
562.95
536.95
549.95
566.40
579.40
595.85
ULTRACEMCO
4476.95
4416.32
4446.63
4493.32
4523.63
4570.32
VEDL
153.20
149.30
151.25
154.75
156.70
160.20
WIPRO
245.85
241.18
243.52
247.73
250.07
254.28
YESBANK
38.45
37.48
37.97
38.48
38.97
39.48
ZEEL
300.35
260.12
280.23
292.12
312.23
324.12
Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share.
Disclaimer: This document has been prepared by IndiaNivesh Securities Limited (“INSL”), for use by the recipient as information only and is not for circulation or public distribution. INSL includes subsidiaries, group and associate companies, promoters, employees and affiliates. INSL researches, aggregates and faithfully reproduces information available in public domain and other sources, considered to be reliable and makes them available for the recipient, though its accuracy or completeness has not been verified by INSL independently and cannot be guaranteed. The third party research material included in this document does not represent the views of INSL and/or its officers, employees and the recipient must exercise independent judgement with regard to such content. This document has been published in accordance with the provisions of Regulation 18 of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014. This document is not to be altered, transmitted, reproduced, copied, redistributed, uploaded or published or made available to others, in any form, in whole or in part, for any purpose without prior written permission from INSL. This document is solely for information purpose and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. Recipients of this document should be aware that past performance is not necessarily a guide for future performance and price and value of investments can go up or down. The suitability or otherwise of any investments will depend upon the recipients particular circumstances. INSL does not take responsibility thereof. The research analysts of INSL have adhered to the code of conduct under Regulation 24 (2) of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014. This document is based on technical and derivative analysis center on studying charts of a stock’s price movement, outstanding positions 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. Nothing in this document constitutes investment, legal, accounting and/or tax advice or a representation that any investment or strategy is suitable or appropriate to recipients’ specific circumstances. INSL does not accept any responsibility or whatever nature for the information, assurances, statements and opinion given, made available or expressed herein or for any omission or for any liability arising from the use of this document. Opinions expressed are our current opinions as of the date appearing on this document only. The opinions are subject to change without any notice. INSL directors/employees and its clients may have holdings in the stocks mentioned in the document.This report is based / focused on fundamentals of the Company and forward-looking statements as such, may not match with a report on a company’s technical analysis report. Each of the analysts named below hereby certifies that, with respect to each subject company and its securities for which the analyst is responsible in this report, (1) all of the views expressed in this report accurately reflect his or her personal views about the subject companies and securities, and (2) no part of his or her compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this report: Dharmesh Kant. IndiaNivesh Securities Limited Research Analyst SEBI Registration No. INH000000511 Corporate Office: Lodha Supremus, 17th Floor, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013. Registered Office: 601 & 602, Sukh Sagar, N. S. Patkar Marg, Girgaum Chowpatty, Mumbai - 400 007. Tel (Board): 022 6240 6240 | Fax: 022 6240 6241 e-mail: research@indianivesh.in | Website: www.indianivesh.in
)
Share Market Today 28th January 2020 - Get Daily Stock Market Report
Market Recap
< On Monday, the selloff continued on D-Street amid weak global cues. The week kicked off on a pessimistic note yesterday for the benchmark indices, as most of the global markets were trading in the red amid coronavirus fears. The index NIFTY spot started the session near the 12,200 mark and almost tested 12,100 to close with a loss of around 130 points. Meanwhile, the NIFTY BANK index lost more than 400 points from its previous week’s close.
< Initially, the market breadth remained in favour of advancing counters during the first half but turned negative as the day progressed with 632 advances vs 1,034 declines. On the sectoral front, apart from NIFTY PHARMA, all other group indices ended in the red. Among the losers, the NIFTY METAL and NIFTY PSU BANK counters ended with a significant cut.
Market Outlook
< As mentioned in our daily and weekly newsletters, we don’t expect the index to sustain at higher levels. Yesterday, the NIFTY spot tumbled more than 100 points and closed well below Friday’s low of 12,150. Also, it is hovering near the recent swing low of 12,090. A breach of this level might drag the index towards 12,000 or below levels.
< On the upside, the intermediate resistances are placed in the 12,200–12,300 zone, but on a broader perspective, 12,400–12,600 could be a supply zone since that is the placement of a couple of rising trend line resistances on the larger degree charts. Also, we are witnessing a negative divergence in the weekly and monthly RSI of the NIFTY. Based on this observation, we are of the opinion that this could be the final leg of the upward move, and a wiser strategy ahead of the budget could be to book longs in the coming week.
Bank Nifty Outlook
< Similar to the NIFTY, even the NIFTY BANK index breached Friday’s support of 30,879 and close well below this mark. Going ahead, 30,600 would remain a crucial support for the index. A breach of the same might gradually drag the index towards 29,500, which is the target of a head-and-shoulder breakdown.
< On the upside, 31,200–31,400 could be the intermediate resistance for the coming sessions.
Exhibit 4: Participants Activity
FII STATS
FII (Activity in no. of Contracts)
in Rs. Cr.
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
-2269.16
-7763
16407
-24,170
Short addition
-45849
INDEX CALLS
437.82
10009
7854
2,155
Bought CE and PE
64440
INDEX PUTS
9671
7099
2,572
81157
NET
-2522.49
Bearish
PROP (Activity in no. of Contracts)
Bought
Sold
Net Chg
Conclusion
NET OI
INDEX FUTURES
15630
-3252
18,882
Long Addition
3871
INDEX CALLS
807
100071
-99,264
Sold CE
-149257
INDEX PUTS
12346
-28655
41,001
-216154
Bearish
Note on Participants Activity
< In index futures, FIIs remained bearish by adding fresh short positions. However in index options they remained neutral by buying some CE and PE options.
< In rupee terms, FII sold index futures of 2269 crores and index options they were buyers of 438 crores.
< In cash segment, FII were sellers of around 439 crores while DIIs bought equities worth 11 crores.
Derivative Outlook
< Yesterday’s price action of NIFTY future was bearish with rise in OI by +3.05%. Even the volumes were very high which indicates fresh short addition.
< The premium of NIFTY Future is now at 6 from 23 points. The PCR has reached 1.11 from 1.41 which is a comfortable level.
As per the NIFTY option chain overall OI at 12000 strike PE is now at 3.9 million shares which can act as support. On the upside, there is OI built up in 12200 CE options of around 5.5 million shares which indicate resistance there.Exhibit 6: LONG BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
CHOLAFIN
330.5
1.66%
5607500
35.86%
JUBLFOOD
1816.25
0.48%
3683000
30.60%
DRREDDY
3192.9
5.11%
3682750
11.84%
ESCORTS
729.55
0.83%
5441700
10.01%
LUPIN
751.15
1.40%
9690800
9.50%
Source: Company, IndiaNivesh Research
Exhibit 7: SHORT BUILT UP
SYMBOL
Close
Price change %
OI
OI Change %
TORNTPHARM
2027.55
-0.63%
463500
21.02%
RAMCOCEM
860.45
-1.23%
2084800
14.95%
SRTRANSFIN
1077
-0.88%
4747200
11.70%
ONGC
116.65
-1.14%
63275300
10.81%
BANKNIFTY
30879.05
-1.44%
1751880
10.38%
Source: Company, IndiaNivesh Research
Exhibit 8: LONG UNWINDING
SYMBOL
Close
Price change %
OI
OI Change %
NIFTYIT
16346
-0.57%
7300
-11.52%
YESBANK
42.4
-0.93%
242334400
-11.00%
BALKRISIND
1075.2
-2.96%
1703200
-10.02%
WIPRO
245.55
-1.11%
23033600
-9.61%
NBCC
37.15
-1.07%
25768600
-9.58%
Source: Company, IndiaNivesh Research
Exhibit 9: SHORT COVERING
SYMBOL
Close
Price change %
OI
OI Change %
UJJIVAN
366.2
0.66%
7026100
-5.77%
AXISBANK
740.1
0.14%
49698000
-5.51%
PIDILITIND
1474.1
1.03%
3013000
-5.13%
AUROPHARMA
510.7
1.96%
16018000
-2.63%
PEL
1697.3
1.21%
5401629
-2.47%
Source: Company, IndiaNivesh Research
Nifty 50 Pivots
SYMBOL
Close
S2
S1
Pivot
R1
R2
ADANIPORTS
381.25
375.98
378.62
382.43
385.07
388.88
ASIANPAINT
1788.35
1765.62
1776.98
1791.37
1802.73
1817.12
AXISBANK
740.25
722.45
731.35
739.90
748.80
757.35
BAJAJ-AUTO
3082.60
3004.30
3043.45
3083.20
3122.35
3162.10
BAJFINANCE
4164.35
4121.45
4142.90
4175.45
4196.90
4229.45
BAJAJFINSV
9557.60
9466.60
9512.10
9580.50
9626.00
9694.40
BPCL
467.75
458.72
463.23
467.52
472.03
476.32
BHARTIARTL
514.40
504.60
509.50
516.80
521.70
529.00
INFRATEL
241.85
236.95
239.40
241.45
243.90
245.95
BRITANNIA
3174.20
3124.73
3149.47
3179.73
3204.47
3234.73
CIPLA
464.45
449.42
456.93
461.72
469.23
474.02
COALINDIA
193.35
190.45
191.90
193.45
194.90
196.45
DRREDDY
3188.75
2920.25
3054.50
3131.75
3266.00
3343.25
EICHERMOT
21095.20
20624.53
20859.87
21010.33
21245.67
21396.13
GAIL
126.75
124.05
125.40
127.45
128.80
130.85
GRASIM
813.10
793.10
803.10
820.00
830.00
846.90
HCLTECH
604.35
598.45
601.40
604.70
607.65
610.95
HDFCBANK
1213.20
1196.73
1204.97
1219.98
1228.22
1243.23
HEROMOTOCO
2455.75
2386.32
2421.03
2459.77
2494.48
2533.22
HINDALCO
198.25
193.58
195.92
199.73
202.07
205.88
HINDUNILVR
2061.35
2050.28
2055.82
2062.28
2067.82
2074.28
HDFC
2395.80
2353.27
2374.53
2409.77
2431.03
2466.27
ICICIBANK
537.25
524.42
530.83
537.92
544.33
551.42
ITC
234.60
232.33
233.47
235.43
236.57
238.53
IOC
117.45
115.02
116.23
118.22
119.43
121.42
INDUSINDBK
1271.20
1235.73
1253.47
1282.73
1300.47
1329.73
INFY
778.10
768.70
773.40
779.10
783.80
789.50
JSWSTEEL
262.80
254.73
258.77
262.33
266.37
269.93
KOTAKBANK
1618.35
1597.98
1608.17
1618.58
1628.77
1639.18
LT
1348.60
1326.27
1337.43
1351.17
1362.33
1376.07
M&M
578.30
555.10
566.70
574.60
586.20
594.10
MARUTI
7148.80
6980.93
7064.87
7144.93
7228.87
7308.93
NTPC
113.15
110.98
112.07
113.68
114.77
116.38
NESTLEIND
15666.05
15405.28
15535.67
15690.33
15820.72
15975.38
ONGC
117.25
115.82
116.53
117.52
118.23
119.22
POWERGRID
193.00
189.77
191.38
193.92
195.53
198.07
RELIANCE
1506.55
1492.55
1499.55
1512.00
1519.00
1531.45
SBIN
316.20
311.80
314.00
318.00
320.20
324.20
SUNPHARMA
448.40
437.90
443.15
447.45
452.70
457.00
TCS
2169.25
2147.45
2158.35
2175.90
2186.80
2204.35
TATAMOTORS
182.20
177.27
179.73
183.32
185.78
189.37
TATASTEEL
57.05
54.72
55.88
57.67
58.83
60.62
TECHM
791.50
772.53
782.02
789.13
798.62
805.73
TITAN
1213.80
1189.50
1201.65
1221.00
1233.15
1252.50
UPL
537.25
525.68
531.47
540.78
546.57
555.88
ULTRACEMCO
4676.95
4552.25
4614.60
4684.35
4746.70
4816.45
VEDL
148.85
144.82
146.83
150.12
152.13
155.42
WIPRO
245.35
242.85
244.10
246.00
247.25
249.15
YESBANK
42.40
40.97
41.68
42.57
43.28
44.17
ZEEL
278.95
271.98
275.47
278.68
282.17
285.38
Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share.
Previous Story
Share Market Today 23rd January 2020 - Get Daily Stock Market Report
Market Recap Market Outlook Bank Nifty Outlook Exhibit 4: Participants Activity FII STATS FII (Activity in no. of Contracts) in Rs. Cr. Bought Sold Net Chg Conclusion NET OI INDEX FUTURES -927.18 4301 13268 -8,967 Short addition -8113 INDEX CALLS 22.71 -3954 16297 -20,251 Sold CE and Bought PE 44832 INDEX PUTS 18937 -1453 20,390 81157 NET -2532.12 Bearish PROP (Activity in no. of Contracts) Bought Sold Net Chg Conclusion NET OI INDEX FUTURES 3512 1135 2,377 Long addition -18282 INDEX CALLS 7706 52614 -44,908 Sold CE -243566 INDEX PUTS -5173 -6027 854 -216154 Bearish Source: Company, IndiaNivesh ResearchNote on Participants Activity Derivative Outlook Exhibit 6: LONG BUILT UP SYMBOL Close Price change % OI OI Change % PFC 109.25 2.53% 54888600 31.76% IOC 113.7 0.40% 117188000 27.57% TORNTPOWER 317.35 0.57% 3891000 16.32% CADILAHC 270.4 0.39% 8822000 12.61% NIFTYIT 16287 0.99% 6700 10.74% Source: Company, IndiaNivesh Research Exhibit 7: SHORT BUILT UP SYMBOL Close Price change % OI OI Change % OIL 135.3 -6.50% 8745627 40.91% COALINDIA 191.55 -5.10% 29575800 35.37% NTPC 112.2 -4.59% 79900800 34.40% POWERGRID 199.1 -1.09% 29636000 30.74% ONGC 116.15 -5.42% 51250000 23.19% Source: Company, IndiaNivesh Research Exhibit 8: LONG UNWINDING SYMBOL Close Price change % OI OI Change % JINDALSTEL 179.2 -3.60% 30545000 -3.86% TORNTPHARM 2008.9 -0.98% 408000 -3.77% FEDERALBNK 93.9 -0.90% 62762000 -3.50% TATACHEM 750 -0.24% 3048300 -3.37% MRF 67926.55 -0.09% 20100 -3.23% Source: Company, IndiaNivesh Research Exhibit 9: SHORT COVERING SYMBOL Close Price change % OI OI Change % BALKRISIND 1101.25 0.76% 2018400 -6.69% HCLTECH 590.4 1.11% 26108600 -3.50% INFY 772.85 1.16% 27873600 -3.16% MCDOWELL-N 588.7 1.89% 12732500 -2.81% TECHM 781.1 0.07% 15585600 -2.62% Source: Company, IndiaNivesh Research Nifty 50 Pivots SYMBOL Close S2 S1 Pivot R1 R2 ADANIPORTS 383.60 376.53 380.07 382.53 386.07 388.53 ASIANPAINT 1779.25 1736.42 1757.83 1788.27 1809.68 1840.12 AXISBANK 712.60 697.83 705.22 713.98 721.37 730.13 BAJAJ-AUTO 3076.40 3045.60 3061.00 3085.50 3100.90 3125.40 BAJFINANCE 4142.20 4087.53 4114.87 4150.68 4178.02 4213.83 BAJAJFINSV 9547.50 9442.50 9495.00 9547.50 9600.00 9652.50 BPCL 455.45 446.32 450.88 458.67 463.23 471.02 BHARTIARTL 514.50 497.93 506.22 514.98 523.27 532.03 INFRATEL 241.00 231.00 236.00 240.50 245.50 250.00 BRITANNIA 3106.35 3061.52 3083.93 3111.32 3133.73 3161.12 CIPLA 471.60 464.00 467.80 474.05 477.85 484.10 COALINDIA 191.90 185.63 188.77 194.08 197.22 202.53 DRREDDY 3062.05 3013.85 3037.95 3071.50 3095.60 3129.15 EICHERMOT 21100.00 20772.00 20936.00 21108.00 21272.00 21444.00 GAIL 125.90 124.03 124.97 126.43 127.37 128.83 GRASIM 792.90 754.43 773.67 786.33 805.57 818.23 HCLTECH 590.65 575.55 583.10 589.05 596.60 602.55 HDFCBANK 1240.85 1222.82 1231.83 1243.42 1252.43 1264.02 HEROMOTOCO 2399.05 2365.02 2382.03 2396.02 2413.03 2427.02 HINDALCO 203.60 200.00 201.80 204.80 206.60 209.60 HINDUNILVR 2051.70 2011.17 2031.43 2047.47 2067.73 2083.77 HDFC 2416.60 2366.23 2391.42 2437.38 2462.57 2508.53 ICICIBANK 522.85 511.98 517.42 526.18 531.62 540.38 ITC 238.05 235.75 236.90 238.25 239.40 240.75 IOC 113.65 109.22 111.43 114.17 116.38 119.12 INDUSINDBK 1327.40 1307.80 1317.60 1332.80 1342.60 1357.80 INFY 770.20 759.40 764.80 771.40 776.80 783.40 JSWSTEEL 265.85 262.08 263.97 266.63 268.52 271.18 KOTAKBANK 1585.50 1537.90 1561.70 1599.80 1623.60 1661.70 LT 1294.20 1279.40 1286.80 1299.40 1306.80 1319.40 M&M 553.60 545.53 549.57 553.03 557.07 560.53 MARUTI 7135.60 6939.17 7037.38 7206.17 7304.38 7473.17 NTPC 112.15 108.88 110.52 113.13 114.77 117.38 NESTLEIND 15548.70 15194.23 15371.47 15478.23 15655.47 15762.23 ONGC 116.40 112.13 114.27 118.13 120.27 124.13 POWERGRID 200.05 189.18 194.62 198.48 203.92 207.78 RELIANCE 1533.35 1521.42 1527.38 1537.07 1543.03 1552.72 SBIN 316.15 312.32 314.23 315.62 317.53 318.92 SUNPHARMA 446.30 440.00 443.15 448.50 451.65 457.00 TCS 2206.90 2160.57 2183.73 2196.87 2220.03 2233.17 TATAMOTORS 185.60 179.20 182.40 187.45 190.65 195.70 TATASTEEL 58.45 55.08 56.77 59.73 61.42 64.38 TECHM 778.75 767.55 773.15 781.80 787.40 796.05 TITAN 1177.65 1164.58 1171.12 1178.53 1185.07 1192.48 UPL 562.95 536.95 549.95 566.40 579.40 595.85 ULTRACEMCO 4476.95 4416.32 4446.63 4493.32 4523.63 4570.32 VEDL 153.20 149.30 151.25 154.75 156.70 160.20 WIPRO 245.85 241.18 243.52 247.73 250.07 254.28 YESBANK 38.45 37.48 37.97 38.48 38.97 39.48 ZEEL 300.35 260.12 280.23 292.12 312.23 324.12 Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share. SYMBOL Close S2 S1 Pivot R1 R2 ADANIPORTS 383.60 376.53 380.07 382.53 386.07 388.53 ASIANPAINT 1779.25 1736.42 1757.83 1788.27 1809.68 1840.12 AXISBANK 712.60 697.83 705.22 713.98 721.37 730.13 BAJAJ-AUTO 3076.40 3045.60 3061.00 3085.50 3100.90 3125.40 BAJFINANCE 4142.20 4087.53 4114.87 4150.68 4178.02 4213.83 BAJAJFINSV 9547.50 9442.50 9495.00 9547.50 9600.00 9652.50 BPCL 455.45 446.32 450.88 458.67 463.23 471.02 BHARTIARTL 514.50 497.93 506.22 514.98 523.27 532.03 INFRATEL 241.00 231.00 236.00 240.50 245.50 250.00 BRITANNIA 3106.35 3061.52 3083.93 3111.32 3133.73 3161.12 CIPLA 471.60 464.00 467.80 474.05 477.85 484.10 COALINDIA 191.90 185.63 188.77 194.08 197.22 202.53 DRREDDY 3062.05 3013.85 3037.95 3071.50 3095.60 3129.15 EICHERMOT 21100.00 20772.00 20936.00 21108.00 21272.00 21444.00 GAIL 125.90 124.03 124.97 126.43 127.37 128.83 GRASIM 792.90 754.43 773.67 786.33 805.57 818.23 HCLTECH 590.65 575.55 583.10 589.05 596.60 602.55 HDFCBANK 1240.85 1222.82 1231.83 1243.42 1252.43 1264.02 HEROMOTOCO 2399.05 2365.02 2382.03 2396.02 2413.03 2427.02 HINDALCO 203.60 200.00 201.80 204.80 206.60 209.60 HINDUNILVR 2051.70 2011.17 2031.43 2047.47 2067.73 2083.77 HDFC 2416.60 2366.23 2391.42 2437.38 2462.57 2508.53 ICICIBANK 522.85 511.98 517.42 526.18 531.62 540.38 ITC 238.05 235.75 236.90 238.25 239.40 240.75 IOC 113.65 109.22 111.43 114.17 116.38 119.12 INDUSINDBK 1327.40 1307.80 1317.60 1332.80 1342.60 1357.80 INFY 770.20 759.40 764.80 771.40 776.80 783.40 JSWSTEEL 265.85 262.08 263.97 266.63 268.52 271.18 KOTAKBANK 1585.50 1537.90 1561.70 1599.80 1623.60 1661.70 LT 1294.20 1279.40 1286.80 1299.40 1306.80 1319.40 M&M 553.60 545.53 549.57 553.03 557.07 560.53 MARUTI 7135.60 6939.17 7037.38 7206.17 7304.38 7473.17 NTPC 112.15 108.88 110.52 113.13 114.77 117.38 NESTLEIND 15548.70 15194.23 15371.47 15478.23 15655.47 15762.23 ONGC 116.40 112.13 114.27 118.13 120.27 124.13 POWERGRID 200.05 189.18 194.62 198.48 203.92 207.78 RELIANCE 1533.35 1521.42 1527.38 1537.07 1543.03 1552.72 SBIN 316.15 312.32 314.23 315.62 317.53 318.92 SUNPHARMA 446.30 440.00 443.15 448.50 451.65 457.00 TCS 2206.90 2160.57 2183.73 2196.87 2220.03 2233.17 TATAMOTORS 185.60 179.20 182.40 187.45 190.65 195.70 TATASTEEL 58.45 55.08 56.77 59.73 61.42 64.38 TECHM 778.75 767.55 773.15 781.80 787.40 796.05 TITAN 1177.65 1164.58 1171.12 1178.53 1185.07 1192.48 UPL 562.95 536.95 549.95 566.40 579.40 595.85 ULTRACEMCO 4476.95 4416.32 4446.63 4493.32 4523.63 4570.32 VEDL 153.20 149.30 151.25 154.75 156.70 160.20 WIPRO 245.85 241.18 243.52 247.73 250.07 254.28 YESBANK 38.45 37.48 37.97 38.48 38.97 39.48 ZEEL 300.35 260.12 280.23 292.12 312.23 324.12 Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share. Disclaimer: This document has been prepared by IndiaNivesh Securities Limited (“INSL”), for use by the recipient as information only and is not for circulation or public distribution. INSL includes subsidiaries, group and associate companies, promoters, employees and affiliates. INSL researches, aggregates and faithfully reproduces information available in public domain and other sources, considered to be reliable and makes them available for the recipient, though its accuracy or completeness has not been verified by INSL independently and cannot be guaranteed. The third party research material included in this document does not represent the views of INSL and/or its officers, employees and the recipient must exercise independent judgement with regard to such content. This document has been published in accordance with the provisions of Regulation 18 of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014. This document is not to be altered, transmitted, reproduced, copied, redistributed, uploaded or published or made available to others, in any form, in whole or in part, for any purpose without prior written permission from INSL. This document is solely for information purpose and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. Recipients of this document should be aware that past performance is not necessarily a guide for future performance and price and value of investments can go up or down. The suitability or otherwise of any investments will depend upon the recipients particular circumstances. INSL does not take responsibility thereof. The research analysts of INSL have adhered to the code of conduct under Regulation 24 (2) of the Securities and Exchange Board of India (Research Analysts) Regulations, 2014. This document is based on technical and derivative analysis center on studying charts of a stock’s price movement, outstanding positions 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. Nothing in this document constitutes investment, legal, accounting and/or tax advice or a representation that any investment or strategy is suitable or appropriate to recipients’ specific circumstances. INSL does not accept any responsibility or whatever nature for the information, assurances, statements and opinion given, made available or expressed herein or for any omission or for any liability arising from the use of this document. Opinions expressed are our current opinions as of the date appearing on this document only. The opinions are subject to change without any notice. INSL directors/employees and its clients may have holdings in the stocks mentioned in the document.This report is based / focused on fundamentals of the Company and forward-looking statements as such, may not match with a report on a company’s technical analysis report. Each of the analysts named below hereby certifies that, with respect to each subject company and its securities for which the analyst is responsible in this report, (1) all of the views expressed in this report accurately reflect his or her personal views about the subject companies and securities, and (2) no part of his or her compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed in this report: Dharmesh Kant. IndiaNivesh Securities Limited Research Analyst SEBI Registration No. INH000000511 Corporate Office: Lodha Supremus, 17th Floor, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013. Registered Office: 601 & 602, Sukh Sagar, N. S. Patkar Marg, Girgaum Chowpatty, Mumbai - 400 007. Tel (Board): 022 6240 6240 | Fax: 022 6240 6241 e-mail: research@indianivesh.in | Website: www.indianivesh.in )
Next Story
Share Market Today 29th January 2020 - Get Daily Stock Market Report
Market Recap Market Outlook Bank Nifty Outlook Exhibit 4: Participants Activity FII STATS FII (Activity in no. of Contracts) in Rs. Cr. Bought Sold Net Chg Conclusion NET OI INDEX FUTURES -540.79 919 8735 -7,816 Short addition -53665 INDEX CALLS -549.11 -3828 14446 -18,274 Sold CE and Bought PE 46166 INDEX PUTS 9524 -1449 10,973 81157 NET -2047.34 Bearish PROP (Activity in no. of Contracts) Bought Sold Net Chg Conclusion NET OI INDEX FUTURES 793 -2468 3,261 Short covering 7132 INDEX CALLS 5345 41197 -35,852 Sold CE -185109 INDEX PUTS 2761 4635 -1,874 -216154 Bearish Source: Company, IndiaNivesh Research Note on Participants Activity Derivative Outlook Exhibit 6: LONG BUILT UP SYMBOL Close Price change % OI OI Change % NIFTYIT 16355 0.06% 8250 13.01% MCDOWELL-N 655.95 13.66% 14095000 11.18% SRF 3757.7 2.16% 881500 6.14% NIITTECH 1987.15 2.23% 1143375 5.61% TATAPOWER 60.7 0.08% 83466000 5.54% Source: Company, IndiaNivesh Research Exhibit 7: SHORT BUILT UP SYMBOL Close Price change % OI OI Change % TORNTPHARM 1915.6 -5.52% 582500 25.67% CESC 733.9 -1.78% 2204800 24.48% ESCORTS 728.75 -0.11% 6415200 17.89% TATAGLOBAL 381.6 -0.39% 16259400 9.57% BHARATFORG 500.6 -1.79% 9596600 8.02% Source: Company, IndiaNivesh Research Exhibit 8: LONG UNWINDING SYMBOL Close Price change % OI OI Change % NIFTYIT 16346 -0.57% 7300 -11.52% YESBANK 42.4 -0.93% 242334400 -11.00% BALKRISIND 1075.2 -2.96% 1703200 -10.02% WIPRO 245.55 -1.11% 23033600 -9.61% NBCC 37.15 -1.07% 25768600 -9.58% Source: Company, IndiaNivesh Research Exhibit 9: SHORT COVERING SYMBOL Close Price change % OI OI Change % CASTROLIND 132.8 3.03% 4305000 -28.81% DISHTV 14.8 6.86% 68841900 -11.69% PFC 116.25 0.22% 43400000 -9.08% IOC 118.05 0.47% 100764000 -8.00% KOTAKBANK 1625.4 0.43% 8364800 -6.16% Source: Company, IndiaNivesh Research Nifty 50 Pivots SYMBOL Close S2 S1 Pivot R1 R2 ADANIPORTS 372.95 363.58 368.27 374.88 379.57 386.18 ASIANPAINT 1779.10 1761.03 1770.07 1782.03 1791.07 1803.03 AXISBANK 737.15 728.05 732.60 739.55 744.10 751.05 BAJAJ-AUTO 3060.90 3011.23 3036.07 3072.83 3097.67 3134.43 BAJFINANCE 4213.00 4105.20 4159.10 4204.05 4257.95 4302.90 BAJAJFINSV 9631.30 9443.77 9537.53 9623.77 9717.53 9803.77 BPCL 480.95 462.28 471.62 476.93 486.27 491.58 BHARTIARTL 491.25 468.95 480.10 497.25 508.40 525.55 INFRATEL 237.60 226.77 232.18 238.07 243.48 249.37 BRITANNIA 3181.25 3102.48 3141.87 3175.88 3215.27 3249.28 CIPLA 464.70 454.83 459.77 463.88 468.82 472.93 COALINDIA 189.15 184.75 186.95 190.60 192.80 196.45 DRREDDY 3189.15 3106.75 3147.95 3198.95 3240.15 3291.15 EICHERMOT 21086.65 20710.88 20898.77 21062.88 21250.77 21414.88 GAIL 126.15 124.02 125.08 126.27 127.33 128.52 GRASIM 808.90 783.40 796.15 810.00 822.75 836.60 HCLTECH 601.45 585.72 593.58 600.47 608.33 615.22 HDFCBANK 1223.20 1206.87 1215.03 1221.42 1229.58 1235.97 HEROMOTOCO 2468.85 2403.65 2436.25 2472.60 2505.20 2541.55 HINDALCO 196.00 191.33 193.67 196.53 198.87 201.73 HINDUNILVR 2060.60 2033.80 2047.20 2056.10 2069.50 2078.40 HDFC 2431.60 2376.07 2403.83 2437.77 2465.53 2499.47 ICICIBANK 528.20 514.93 521.57 531.08 537.72 547.23 ITC 230.75 226.98 228.87 232.38 234.27 237.78 IOC 117.90 114.70 116.30 117.95 119.55 121.20 INDUSINDBK 1254.75 1215.32 1235.03 1259.97 1279.68 1304.62 INFY 778.00 767.47 772.73 777.27 782.53 787.07 JSWSTEEL 255.25 246.05 250.65 256.20 260.80 266.35 KOTAKBANK 1626.05 1597.02 1611.53 1624.77 1639.28 1652.52 LT 1346.65 1329.55 1338.10 1346.55 1355.10 1363.55 M&M 572.50 555.67 564.08 576.92 585.33 598.17 MARUTI 6997.05 6803.05 6900.05 7060.00 7157.00 7316.95 NTPC 112.05 109.38 110.72 112.23 113.57 115.08 NESTLEIND 15416.65 15154.62 15285.63 15497.82 15628.83 15841.02 ONGC 116.60 114.53 115.57 116.63 117.67 118.73 POWERGRID 190.45 186.95 188.70 190.85 192.60 194.75 RELIANCE 1471.75 1435.38 1453.57 1481.78 1499.97 1528.18 SBIN 315.10 306.43 310.77 315.38 319.72 324.33 SUNPHARMA 452.90 440.03 446.47 454.48 460.92 468.93 TCS 2183.75 2138.72 2161.23 2174.52 2197.03 2210.32 TATAMOTORS 176.10 169.03 172.57 178.43 181.97 187.83 TATASTEEL 54.95 52.18 53.57 55.58 56.97 58.98 TECHM 794.25 780.38 787.32 791.53 798.47 802.68 TITAN 1195.00 1167.07 1181.03 1202.27 1216.23 1237.47 UPL 536.95 524.58 530.77 539.38 545.57 554.18 ULTRACEMCO 4609.05 4505.15 4557.10 4636.45 4688.40 4767.75 VEDL 142.20 137.63 139.92 143.83 146.12 150.03 WIPRO 244.05 239.68 241.87 243.98 246.17 248.28 YESBANK 41.65 40.02 40.83 42.07 42.88 44.12 ZEEL 272.50 265.40 268.95 275.30 278.85 285.20 Note: The levels for TATASTEEL are of TATASTEEL Partly Paid up Share. Disclaimer: "Investment in securities market and Mutual Funds are subject to market risks, read all the related documents carefully before investing.")