DISHA - WEALTHRAYS RESEARCH

MARKET SNAPSHOT

25TH SEPTEMBER 2013

Market Synopsis Indices end down, but off intraday lows Stock indices ended down, but off intraday lows on account of short covering and long rollovers ahead of expiry of September futures contract tomorrow. Nifty ended at 5873.85, down 18.60 points or 0.3% and Sensex closed at 19856.24, down 63.97 points or 0.3% Shares of banks, oil and gas, and fast moving consumer goods companies fell while those of power, metal, pharmaceutical and capital goods gained. Power Grid Corp of India, Cipla, Sun Pharmaceutical Industries, NTPC, Hindalco Industries, and Bharat Heavy Electricals rose 1-9%. Hindustan Unilever, HDFC Bank, DLF, and Bharat Petroleum Corp fell 1-3%. Nifty Rollovers NSE Top Gainers Nifty rollovers were higher than the three-month average at around 52%, and market wide rollovers at around 55% were also above average. Rollovers in Bank Nifty were 46% on a provisional basis. Buzzing Stocks State Bank of India snapped a two-day losing streak, rising nearly 3% to 1,692 on build-up of long positions and short covering ahead of expiry of September futures contract. Hindustan Petroleum Corp, Bharat Petroleum Corp and Indian Oil Corp declined 1-4% following comments by Oil Minister M. Veerappa Moily that there is no proposal as of now to raise diesel prices. Moily said though the rising fuel subsidy burden remains a major concern, as of now, the hike in diesel prices would be calibrated between 45-50 paise per litre per month. This would mean that concerns over rising under recoveries of these companies would continue for a longer period. Shares of Tilaknagar Industries were down 5% at 55 on a report company has come under the Income Tax Department's scanner after its survey raised doubts over the mega project status claimed by the company for its Shrirampur distillery. The stock had slumped 11.2% to 51.45 in early trade. A report in The Economic Times stated that company had used fake bills to inflate its capital outlay for claiming the status that makes it eligible for sales tax subsidy of about 2.5 billion as per the findings of the tax department based on a survey carried out in March. Symbol BHEL SESAGOA HINDALCO NSE Top Losers Symbol BPCL RELIANCE HDFCBANK CMP 305 846.5 619,85 % change 3.28 % 3.21 % 2.91 % CMP 143 189.95 116.2 % change 8.91 % 4.34 % 3.75 % Indices Watch NIFTY SENSEX : 5,873.85 (- 0.32%) : 19,856.24 (- 0.32%)

BANK NIFTY : 10,081.70 (- 0.93%) CNX IT INDIA VIX : 8,187.55 (+ 0.23 %) : 25.68 (- 3.89%)

FII Corner (Equities) Sept-2013 $ 1.97 billion (net buyers) Year-To-Date $ 13.38 billion (net buyers)

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Events - Week Ahead - September Week 3: Crude, refinery output for August, from petroleum ministry. - September 26: USA GDP data for July to September 2013 - September 27: CPI for industrial workers for August, by Labour Bureau.

Levels to Watch on Indices CMP NIFTY : 5,873.85 SUPPORT-1 5842 9865 SUPPORT-2 5805 9713 RESISTANCE-1 RESISTANCE-2 5913 10295 5980 10403

BANK NIFTY : 10,081.70 Derivatives Corner

25-SEP-2013 PUT-CALL RATIO Stock Futures Top Trades 0.99

24-SEP-2013 1.02

Volume Turnover Underlying Expiry Date Open Price High Price Low Price Prev Close Last Price (Contracts) (lacs.) Underlying Value SBIN RCOM TATAMOTORS AXISBANK ICICIBANK 26-Sep-13 26-Sep-13 26-Sep-13 26-Sep-13 26-Sep-13 1,649.65 155.90 339.9 1035 954.6 1,692.20 1,637.65 161.75 153.60 347.7 339.9 1043.6 1002.6 960 920.45 1,646.00 155.45 337.4 1029.9 948.25 1,690.00 161.35 344 1039.1 942.1 53,109 1,10,233.04 14,121 89,007.49 19,236 66,285.33 24,677 63,078.11 25,323 59,353.31 1,692.00 160.95 342.95 1038.75 939.5

Stock Options Top Trades

Underlying RCOM SBIN RELIANCE TATAMOTORS AXISBANK

Expiry Date 26-Sep-13 26-Sep-13 26-Sep-13 26-Sep-13 26-Sep-13

Option Type CE CE CE CE CE

Strike Price 160.00 1700 860 350.00 1,050.00

Open Price 1.4 7.95 16.25 1.55 12

High Price 3.15 16.9 17.15 3.3 13.95

2

Low Price 0.55 3.1 2.8 1.2 3.05

Prev Close 1.4 9.15 20.05 1.25 13.15

Volume Turnover Last Underlying (Contracts) (lacs.) Price Value 2.85 14.45 3.1 1.8 10 5,400 11,933 7,388 3,987 3,944 34,970.40 25,494.26 15,986.89 14,043.81 10,424.58 160.95 1692 846.5 342.95 1,038.75

DISHA - WEALTHRAYS RESEARCH

Open Interest - Increase

Open Interest - Decrease

BHARTI AIRTEL LIMITED HINDUSTAN ZINC LIMITED RELIANCE INDUSTRIES LTD TATA POWER CO LTD WIPRO LTD

13% 12% 10% 10% 10%

RAYMOND LTD ADANI POWER LTD ZEE ENTERTAINMENT ENT LTD THE INDIAN HOTELS CO. LTD MARUTI SUZUKI INDIA LTD.

-27% -23% -19% -18% -15%

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