Beruflich Dokumente
Kultur Dokumente
Anup Bagchi
MD & CEO
ICICI Securities Ltd.
November 2014
Coordinating Editor
Yogita Khatri
Editorial Board
Editorial Team
November 2014
MD Desk....................................................................................................1
Editorial......................................................................................................2
Contents.....................................................................................................3
News.........................................................................................................4
Markets Round-up & Outlook........................................................................5
Getting Technical with Dharmesh Shah.........................................................8
Derivatives Strategy by Amit Gupta.............................................................10
Stock Ideas: TV Today and UltraTech Cement............................................ . 15
Flavour of the Month: A parents' guide to help children about money
management
Helping our youth to learn effective management of personal
finances is today more important than ever. Here we
discuss how you as a parent can mentor your children to become
financially secure...................................................................................21
Tte--tte: 'Asset allocation offers the best opportunity to balance risk &
reward'
An interview with Tushar Pradhan, CIO, HSBC Mutual Fund..............27
Ask Our Planner: Claiming RGESS tax benefits
Your personal finance queries answered..........................................31
Mutual Fund Analysis: Category - Diversified Equity Funds
The best investment option for beginners as well as seasoned
investors to invest in equities for long-term financial
goals...................................................................................................... 35
Equity Model Portfolio............................................................................... 41
Mutual Fund Top Picks
Here we present our research team's top mutual fund
recommendations, across equity and debt categories....................46
Quiz Time..................................................................................................48
Monthly Trends.........................................................................................49
Premium Education Programmes Schedule..................................................53
November 2014
November 2014
MARKETS ROUND-UP
November 2014
MARKETS ROUND-UP
execution on account of lower
order intake in FY12-14. The
quality of earnings saw an
improvement
with
SBI
reporting
asset
quality
improvement and robust 30%
growth in the bottomline. In the
fast-moving consumer goods
(FMCG) space, the growth was
primarily led by price hikes with
overall volumes remaining
subdued for most companies.
Global markets
The US markets ended on a
positive note as the market took
positive cues from falling crude
prices and strong GDP data,
which stood at 3.9% vs.
expectations of 3.3%. Major
indices, Dow Jones, S&P 500
and the Nasdaq gained about
2.5%, 2.5% and 3.5%,
respectively. European markets
also gained in the month with
the rising investor confidence
data and a hint by the European
Central Bank (ECB) to offer
further stimulus. The UK FTSE
and French CAC gained 2.7%
and 3.7%, respectively, while
the German Dax extended gains
of 7%. Asian markets also
gained in the last two sessions
to end on a positive note with
the Nikkei and Shanghai SSEC
6
November 2014
MARKETS ROUND-UP
gaining 6.4% and 10.9%,
respectively, while the Hang
Seng remained flat.
Domestic markets
The foreign institutional
investors (FIIs) bought heavily
to the tune of ~ ` 14,302.2 crore
on the back of strengthening
confidence on the Indian
economy vis--vis the rest of
the emerging markets. Though
the domestic institutional
investors (DII) investment
remained relatively subdued,
they continued to be net buyers
with a net inflow of ~` 1,676.9
crore.
The Nifty and Sensex ended in
the positive territory for the
month with most sectoral
indices also ending the month
in the green. Except the BSE
Metal Index (-4.6%) and BSE Oil
Index (-2.2%) all other indices
ended November on a strong
note. BSE Realty, BSE Bankex,
BSE Auto, BSE FMCG, BSE
Te c h , B S E I T a n d B S E
Healthcare saw sharp gains of
8.3%, 8.8%, 3.5%, 3.2%, 3.7%,
4.7% and 4.2%, respectively,
while the BSE PSE (0.8%) and
BSE Power (0.0%) ended the
month flat.
Outlook: Markets to take solace
from dovish RBI comments and
positive global cues
ICICIdirect Money Manager
November 2014
TECHNICAL OUTLOOK
Buying opportunity amid consolidation
structure remains positive.
Hence, any cool off towards
27350/8200 (Sensex/Nifty)
should be used as opportunity
to go long to ride the ongoing
uptrend.
November 2014
TECHNICAL OUTLOOK
5 weeks
5 weeks
5 weeks
5 weeks
4 weeks
21 week EMA
4 weeks
Weekly stochastic is poised at its highest level since 2012 with a reading of 96 indicating highly
overstretched conditions and warrants a temporary breather before continuation of the upmove
The views expressed in the article are personal views of the author and do not necessarily
represent the views of ICICI Securities.
November 2014
DERIVATIVES STRATEGY
Amit Gupta
Head - Derivatives Research,
ICICI Securities
Call OI
8800
8700
8600
8500
8400
8300
8200
8100
8000
7800
7900
9
8
7
6
5
4
3
2
1
0
OI in Million Shares
Put OI
Close
10
UBB(2)
LBB(2)
November 2014
Nov-14
Oct-14
Sep-14
Jul-14
Jun-14
May-14
Apr-14
Mar-14
Feb-14
5900
Aug-14
6400
DERIVATIVES STRATEGY
Expiry gains in 2014: including
November series, nine out of 11
expiries closed with gains during the
year
4%
3%
3%
3%
3%
3%
3%
2.0%
0.0%
-1%
-3%
-2.0%
-4.0%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
I n N o v e m b e r, t h e N i f t y
respected its VWAP level of
8350 throughout the month.
The dip towards this level in
the third week was greeted as a
buying opportunity as the Nifty
moved up close to 200 points
in the next three trading
sessions.
6%
11
November 2014
DERIVATIVES STRATEGY
Falling yields on the
benchmark 10-year
government securities (G-sec)
and cooling inflation on the
back of falling crude prices is
likely to improve macros
further. This will also help in
fresh upsides in banking
stocks. Most PSU banking
stocks in such a scenario are
throwing up good risk reward
opportunities.
0.2
0.15
0.1
Metal
0.05
Call OI
Consumer Durable
19000
18800
18600
18400
18200
18000
17800
17600
17400
17200
17000
Nifty
Put OI
CNX Bank
10
-5
5
0
% monthly return
12
November 2014
DERIVATIVES STRATEGY
India VIX : Likely to rise in the near
term
98
Dollar Index
Euro
Australian Dollar
23-Nov
21-Nov
19-Nov
17-Nov
15-Nov
13-Nov
9-Nov
11-Nov
7-Nov
5-Nov
3-Nov
1-Nov
30-Oct
96
Japanese Yen
Thai Bhat
Russian Ruble
Malaysian Ringitt
Indonesian Rupiah
Zimbabwian Rand
Brasilian Real
21-Nov
19-Nov
17-Nov
15-Nov
13-Nov
11-Nov
9-Nov
7-Nov
5-Nov
3-Nov
1-Nov
30-Oct
98
Indian Rupee
Turkish Lira
Philippines Peso
13
November 2014
DERIVATIVES STRATEGY
India VIX : May move towards 15
levels
INR is Cr
20000
15000
10000
5000
0
Oct-14
Nov-14
Sep-14
Jul-14
Aug-14
Jun-14
Apr-14
May-14
Feb-14
Mar-14
Jan-14
Dec-13
Oct-13
Nov-13
-5000
INR in Cr
10000
5000
0
-5000
-10000
Oct-14
Nov-14
Sep-14
Aug-14
Jul-14
Jun-14
Apr-14
May-14
Mar-14
Feb-14
Jan-14
Dec-13
Oct-13
Nov-13
-15000
The views expressed in the article are personal views of the author and do not necessarily
represent the views of ICICI Securities.
14
November 2014
STOCK IDEAS
Investment Rationale
TV industry to grow at 16.2% CAGR
(FY13-18E); sees 12% CAGR in FY0813
The television industry
witnessed 12% compounded
annual growth rate (CAGR) in
CY08-13 despite the economic
slowdown. According to the
Federation of Indian Chambers
of Commerce and Industry
(FICCI)-KPMG report 2014, the
industry is expected to grow at
16.2% CAGR in FY13-18E rising
from Rs. 417 crore at the end of
2013 to ` 885 crore by the end of
2018E. The number of TV
households in India is also
expected to increase to 191
million from 161 million
c u r r e n t l y. T h e t e l e v i s i o n
industry dominates the
domestic media &
entertainment industry forming
45% of the total industry. The
increase in the channel carrying
15
November 2014
STOCK IDEAS
capacity to over 1000 owing to
digitisation and revision of
minimum channels to be
broadcasted to ~500 is
expected to bring in additional
subscription revenues to
broadcasters.
16
November 2014
STOCK IDEAS
Key Financials
FY13
FY14E
FY15E
FY16E
312.7
389.4
480.3
526.6
EBITDA (` crore)
34.6
109.3
143.1
186.6
12.2
61.3
80.3
109.6
2.1
10.3
13.5
18.4
EPS (`)
Valuations Summary
FY13
FY14E
FY15E
FY16E
P/E (x)
108.1
21.5
16.5
12.1
134.6
26.8
20.5
15
37.8
11.6
8.9
6.3
4.1
3.5
2.5
RoNW (%)
3.8
16.2
18.3
20.9
22.4
25.2
28.8
RoCE (%)
Stock Data
Market capitalization (` crore)
1,320.6
57
1,263.6
254 / 98
29.7
3.4
17
November 2014
STOCK IDEAS
Investment Rationale
To benefit from strong recovery in
demand due to pan-India exposure
The cement industry's capacity
utilisation bottomed at ~69% in
FY14. We believe low capacity
addition and demand recovery
should lift utilisation levels from
hereon, given the cyclical
upturn in the economy coupled
with an expected policy push to
drive investments in the
infrastructure sector. By driving
increased cement usage in
sectors like road, power and
irrigation, the industry can
achieve the full potential of
18
November 2014
STOCK IDEAS
cement demand growth over
the next three years. Further,
supply-side bottlenecks, in
terms of quality logistics, skilled
labour and delays in land and
environment clearances, along
with high cost of fuel and
financing have put pressure on
the
cost
of
cement
manufacturing. These, in turn,
we believe, would lead to lower
capacity additions going
forward.
19
November 2014
STOCK IDEAS
Key Financials
FY14
FY15
FY16E
FY17E
20,077.9
24,704.4
28,791.5
34,007.5
3,616
4,246
5,563.3
7,283
2,144.5
2,538.6
3,310.4
4,354.9
78.2
92.6
120.7
158.8
FY14
FY15
FY16E
FY17E
32
27
20.7
15.7
40.7
34.3
26.3
20
EV/EBITDA (x)
19.1
16.5
12.5
9.5
Valuations Summary
P/E (x)
203.2
184.8
164.1
148.8
RoNW (%)
EV/Tonne ($)
12.5
12.9
14.9
16.6
RoCE (%)
11.9
12.3
14.9
18.1
Stock Data
Market capitalization (` crore)
68,577
4,496
4,007
69,066
2,872/1,635
274.2
10
20.6
5.2
Key risks include: Lower than expected recovery in demand and any
future acquisitions at expensive valuations posses a key risk to our
valuations.
(EBITDA: Earnings before interest, taxes, depreciation, and amortization; EPS:
Earnings per share; P/E: Price-to-earnings; EV: Enterprise value; RoNW: Return
on net worth; RoCE: Return on Capital Employed; DII: Domestic institutional
investors; FII: Foreign Institutional Investors)
20
November 2014
Getting started
Youngsters generally don't
know where to start and what
to do. So the first step is to get
them opened a savings and an
investment account.
Assuming that your child
already has a savings bank
account, he needs to open a
demat account.
21
November 2014
22
November 2014
G i v e n t h e l e s s e r
responsibilities and greater
capacity to take risks at young
age is the perfect time for your
children to take the plunge in
equity.
In the teaching process, it is
also important to make our
children understand that
equity may turn volatile in the
short term, but it provides the
best returns in the long run
(see the chart below).
23
November 2014
How SIP of Rs. 5,000 p.m. has grown since April 1, 1979
9,00,00,000
8,28,07,659
8,00,00,000
7,00,00,000
6,00,00,000
5,00,00,000
4,00,00,000
3,00,00,000
2,00,00,000
1,38,98,506
61,61,327
1,00,00,000
0
Equity
Gold
RD
24
November 2014
25
November 2014
26
November 2014
Tte--tte
Asset allocation offers the best opportunity to balance risk & reward
Market is trading at 12-month forward PE (price-to-earnings) of 16x versus
historical average of 15.6x. On this multiple, markets may seem expensive, says
Tushar Pradhan, Chief Investment Officer (CIO), HSBC Mutual Fund. However, this
multiple is placed favourably with its history of positioning at the beginning of the
growth up-cycle, he adds. He suggests investors to continue to follow a
disciplined approach to investing and believes that asset allocation offers the best
opportunity to balance risk and reward. Excerpts:
Tushar Pradhan,
Chief Investment Officer (CIO),
HSBC Mutual Fund
27
November 2014
Tte--tte
possible lower trajectory in
interest
rates.
Fi s c a l
consolidation is happening.
Tr a j e c t o r y
of
fiscal
consolidation is steep but can
be achieved as growth
accelerates and tax reforms
get implemented. All the major
drivers of inflation - food, fuel,
fiscal,
c u r r e n c y,
and
commodity - are pointing
downwards. Crude prices have
fallen over 35% from their
near-term peak. Commodity
prices have declined rapidly
over the last 3 months. Net
commodity trade deficit
peaked at about 7% of gross
domestic product (GDP) in
2012. It had fallen to 5.5% of
GDP in the 12 months ending
August 2014. At the current
commodity price levels, net
deficit from commodity could
fall by another 1%.
28
November 2014
Tte--tte
dampener.
29
November 2014
Tte--tte
individual stock ideas to be
able to construct a suitably
diversified portfolio.
Q: What strategy would you
suggest for investors to adopt at
this point of time in the market?
What according to you is the key to
successful investing?
A: We would suggest investors
to continue to follow a
disciplined approach to
investing. We have been and
continue to be of the view that
investors should make
allocations in keeping with
their risk appetite and
investment horizon. We also
believe that asset allocation
offers the best opportunity to
balance risk and reward.
The views expressed in the interview are personal views of the authors and do not
necessarily represent the views of ICICI Securities.
Mutual fund investments are subject to market risks, read all scheme
related documents carefully.
The article is for general information only and does not have regard to
specific investment objectives, financial situation and the particular
needs of any specific person who may receive this information.
Investors should understand that statements made herein regarding
future prospects may not be realised. The views expressed in the article
are personal views of the author and do not necessarily reflect the
views of HSBC Asset Management (India) Private Limited or any of its
associates. Neither this document nor the units of HSBC Mutual Fund
have been registered in any jurisdiction. The distribution of this
document in certain jurisdictions may be restricted or totally
prohibited and accordingly, persons who come into possession of this
document are required to inform themselves about, and to observe,
any such restrictions.
No part of this publication may be reproduced, stored in a retrieval
system, or transmitted, on any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise, without the prior
written permission of HSBC Asset Management (India) Private Limited.
HSBC Asset Management (India) Private Limited; 16, V. N. Road, Fort,
Mumbai 400 001. Tel: 6614 5000.
Email: hsbcmf@hsbc.co.in.
30
November 2014
- Satish G
November 2014
32
November 2014
Tenure
PPF
Equity MFs
Asset Class
Debt
Fixed return as decided by the
Government of India every year
Return
Tax on return
Capital protection
at
the
No guarantee
past
No fixed return
No exemption (except
ELSS funds, where
investment up to
Rs.1.50 lakh p.a. is
exempt under section
80C, currently)
Exempt from tax, if held
for 12 months or more
Equity
33
November 2014
Yo u h a v e t h e c o m p l e t e
longer period.
scheme?
the
benefits
of
holding
The
benefits
consolidated
being
account
statement,
- Aqeeq Akhter
consolidated
moneymanager@icicisecurities.com.
34
November 2014
Fund Objective:
To generate long-term capital
appreciation from a portfolio of
equity and equity related
securities, generally focused on a
few selected sectors.
Key Information:
NAV as on November 28, 2014 (`)
22.2
Inception Date
Fund Manager
Harsha Upadhyaya
5000
SIP
1000
2.23
1% on or before 1Y,
Nil after 1Y
Benchmark
CNX 200
1220
Product Label:
This product is suitable for investors
seeking*:
Investment in portfolio of
predominantly equity & equity
related securities generally
focussed on a few selected sectors
High risk
35
September 2014
6 Month
1 Year
Fund
3 Year
11
16.3
21.5
29.1
44.6
63.3
31
70
60
50
40
30
20
10
0
17.8
Return%
5 Year
Benchmark
13.3
9.9
2009
12.8 10.6
Return (%)
6.1
33.5
-22.3
20.1
Benchmark (%)
4.4
31.6
-27.0
14.2 86.6
325
368
359
Fund Name
6.4
122
30-Sep-11
30-Sep-12
Fund
58.04
1.66
16.40
CNX200
42.81
-1.26
14.04
38.87
0.56
15.38
19809
Benchmark
16219
CNX Nifty
16489
Portfolio:
The fund has 90% large-cap
stocks in the portfolio with all
heavyweights like ICICI Bank
and State Bank of India (SBI) in
Top 10 Holdings
Asset Type
Domestic Equities
6.3
Infosys Ltd.
Domestic Equities
5.3
Domestic Equities
5.2
Domestic Equities
4.4
Domestic Equities
3.5
Domestic Equities
3.4
Domestic Equities
3.2
Reverse Repo
3.2
Domestic Equities
3.1
Domestic Equities
3.0
36
September 2014
Asset Type
Bank - Private
IT - Software
Domestic Equities
19.0
Domestic Equities
13.5
Domestic Equities
7.6
Refineries
Domestic Equities
7.4
Bank - Public
Domestic Equities
5.7
Auto Ancillary
Domestic Equities
4.8
Domestic Equities
3.9
Automobiles-Trucks/Lcv
Domestic Equities
3.5
Domestic Equities
3.4
Domestic Equities
3.0
Asset Allocation
Large
90
Equity
98.6
Mid
8.5
Debt
0.0
Small
--
Cash
1.4
Dividend History
Portfolio Attributes
Total Stocks
Top 10 Holdings (%)
Fund P/E Ratio
Benchmark P/E Ratio
Fund P/BV Ratio
Dividend (%)
Date
52.0
40.6
23.7
4.6
Sep-29-2014
10
Oct-18-2010
12.5
Fund Name
30-Sep-12
30-Sep-13
31-Sep-11
31-Sep-12
58.04
1.66
16.40
CNX 200
42.81
-1.26
14.04
49.86
0.05
15.25
46.08
-2.49
13.22
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
(Blue) Investors understand that
37
September 2014
Fund Objective:
To
generate
capital
appreciation
by
actively
investing in equity and equity
related securities and for
defensive consideration in
debt/money
market
instruments and derivatives
Performance:
The fund performance can be
attributed to its agility in
limiting the downside via cash
calls/hedging stock positions,
etc. In 2011, when the CNX
Nifty dipped 25%, the fund
managed to limit the downside
for its investors to 20% despite
having higher equity allocation
(~90%). The fund has not just
emerged as a steady
performer in market
downturns but also managed
to deliver above average
returns during rallies. The
fund, as on November 30, 2014
has delivered 16%
compounded annualised
return for a period of five years
as against 12% compounded
annualised return delivered by
the benchmark CNX Nifty
Index for the same period. The
fund has been a steady
performer and has weathered
many market cycles.
Key Information:
NAV as on November 28, 2014 (`)
188.4
Inception Date
Fund Manager
Sankaran Naren
5000
SIP
1000
2.13
1% on or before 12M,
Nil after 12M
CNX Nifty Index
5446
Product Label:
This product is suitable for investors
seeking*:
Long term wealth creation solution
A diversified equity fund that aims for
growth by investing in equity and debt ( for
defensive considerations)
High risk
38
September 2014
16.7
20
11.7
19.5
30
17.2
Return%
40
21
26.2
41
45
10
0
6 Month
1 Year
Fund
3 Year
5 Year
Benchmark
Fund Name
2010
2009
16.3
30.6 -20.3
21.3 79.9
6.8
27.7 -24.6
18.0 75.8
Benchmark (%)
Net Assets (` Cr)
116.1
3666
3953
30-Sep-11
30-Sep-12
Fund
50.04
5.53
16.33
38.87
0.56
15.38
176426
Benchmark
83716
Portfolio:
Asset allocation of the fund is
determined based on market
valuations. The fund manager
has the discretion to take
aggressive or defensive asset
calls, based on market
conditions. Therefore, the
equity allocation fluctuates
between 70% and 90%
Top 10 Holdings
Asset Type
%
11.3
Domestic Equities
9.8
Domestic Equities
7.4
Domestic Equities
6.3
Wipro Ltd.
Government Securities
5.1
Government Securities
4.5
Domestic Equities
4.3
Domestic Equities
3.4
Infosys Ltd.
Domestic Equities
3.4
Domestic Equities
2.7
39
September 2014
Top 10 Sectors
IT - Software
Domestic Equities
13.5
Bank - Private
Domestic Equities
11.9
Power Generation/Distribution
Domestic Equities
11.0
Refineries
Domestic Equities
4.3
Oil Exploration
Domestic Equities
3.3
Bank - Public
Domestic Equities
2.9
Automobiles-Tractors
Domestic Equities
2.7
Shipping
Domestic Equities
2.2
Domestic Equities
2.1
Finance - Investment
Domestic Equities
2.0
Whats In
CESC Ltd.
Whats Out
0.7
0.2
Asset Allocation
Equity
75.2
Large
Debt
Cash
13.2
11.6
Mid
66.1
9.8
Small
Portfolio Attributes
1.7
Risk Parameters
Total Stocks
60
58
Beta
0.69
Sharpe ratio
0.21
R Squared
0.79
Alpha (%)
3.02
19.5
3.2
10.68
Dividend History
Dividend (%)
Date
Oct-13-2014
Oct-28-2013
Nov-05-2012
Sep-02-2011
Feb-28-2011
Aug-23-2010
20
15
22.83
5
10
10
30-Jun-13
30-Jun-14
30-Jun-12
30-Jun-13
50.04
38.87
48.25
38.87
5.53
0.56
5.05
0.56
31-Jun-11
31-Jun-12
16.33
15.38
21.51
15.38
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
(Blue) Investors understand that
their principal will be at low risk
40
September 2014
41
November 2014
42
November 2014
10
2
4
2
2
27
6
6
8
7
13
8
5
10
10
4
4
14
11
3
5
2
3
12
3
6
3
3
3
2
2
43
Model Portfolio
Midcap
(%)
Diversified
(%)
7
1.4
2.8
1.4
1.4
18.9
4.2
4.2
5.6
4.9
9.1
5.6
3.5
7
7
2.8
2.8
9.8
7.7
2.1
3.5
1.4
2.1
8.4
2.1
4.2
2.1
2.1
2.1
1.4
1.4
70
November 2014
Model Portfolio
Midcap
(%)
20
6
6
8
6
6
16
8
8
14
8
6
6
6
8
8
6
6
24
6
6
6
6
100
100
Diversified
(%)
6
1.8
1.8
2.4
1.8
1.8
4.8
2.4
2.4
4.2
2.4
1.8
1.8
1.8
2.4
2.4
1.8
1.8
7.2
1.8
1.8
1.8
1.8
30
100
44
November 2014
100
82.9
82.4
80
62.8
60.1
58.3
60
40
20
0
Large Cap
Midcap
Portfolio
Diversified
Benchmark
5,107,023
6,364,952
4,300,000
4,300,000
3,000,000
4,300,000
4,000,000
5,890,296
6,093,580
5,000,000
6,632,112
7,156,325
6,000,000
2,000,000
Largecap
Investment
Midcap
Value of Investment in Portfolio
Divesified
Value if invested in Benchmark
Start date of SIP: June 30, 2011; *Value as on December 08, 2014
45
November 2014
Top Picks
Largecaps
Midcaps
Diversified
ELSS
Sector - Banking
46
November 2014
Top Picks
Liquid Funds
Short Term
Credit Opportunities
Fund
Income Funds
Gilts Funds
MIP
(Aggressive)
47
November 2014
QUIZ TIME
48
November 2014
MONTHLY TRENDS
WPI INFLATION (FOOD)
3.0
2.70
2.5
(%)
2.0
1.5
1.0
0.63
0.5
0.0
Oct-14
Nov-14
CRUDE OIL
90.0
80.54
80.0
$ per barrel
70.0
66.15
60.0
50.0
40.0
30.0
20.0
10.0
0.0
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
2455.67
1458.78
1500
1000
500
235.00
0
-500
-268.50
-1000
3-Nov
8-Nov
13-Nov
18-Nov
FII
23-Nov
28-Nov
DII
49
November 2014
MONTHLY TRENDS
13.0
12.90
12.0
11.0
10.0
3-Nov
8-Nov
13-Nov
18-Nov
23-Nov
28-Nov
VIX
DOMESTIC INDICES
BSE Sensex
28800
28693.99
28600
28400
28200
2.97%
28000
27800
27865.83
27600
27400
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
NSE Nifty
8650
8600
8588.25
8550
8500
8450
8400
3.20%
8350
8300
8250
8322.20
8200
8150
31-Oct
4-Nov
8-Nov
12-Nov
50
16-Nov
20-Nov
24-Nov
28-Nov
November 2014
MONTHLY TRENDS
GLOBAL INDICES
Dow Jones
18000
17828.24
17700
2.52%
17400
17390.52
17100
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
NASDAQ
4900
4800
4791.63
4700
4,630.74
3.47%
4600
4500
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
EXCHANGE RATES
USD-INR
62.4
62.2
62.20
USD / INR
62.0
61.8
61.6
1.31%
61.4
61.2
61.39
61.0
60.8
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
51
20-Nov
24-Nov
28-Nov
November 2014
MONTHLY TRENDS
POUND-INR
98.5
98.0
98.19
/ INR
97.5
97.31
97.0
0.90%
96.5
96.0
95.5
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
EURO-INR
78.0
77.43
/ INR
0.71%
76.89
76.0
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
BULLION
GOLD
$ per Ounce
1250
1175
1167.04
1173.92
1100
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
SILVER
17.0
$ per Ounce
16.14
15.41
15.0
31-Oct
4-Nov
8-Nov
12-Nov
16-Nov
20-Nov
24-Nov
28-Nov
52
November 2014
City
Hyderabad
Ruchi on 8297362323
Faridabad
07 Dec, 2014
Pune
Kusmakar on 7875442311
Nagpur
KUsmakar on 7875442311
New Delhi
Kolkata
Sumit on 08017516187
Bangalore
Subrata on 9620001478
Sr.
No
City
New Delhi
Sr.
No
Dates
Jamnagar
07 Dec, 2014
Yogesh on 8238053563
10
Ahmedabad
14 Dec, 2014
Yogesh on 8238053563
11
Vapi
21 Dec, 2014
Yogesh on 8238053563
Sr.
No
City
12
Bikaner
07 Dec, 2014
Harneet on 09582158693
13
Ajmer
07 Dec, 2014
Harneet on 09582158693
14
Surat
14 Dec, 2014
Yogesh on 8238053563
15
Ahmedabad
28 Dec, 2014
Yogesh on 8238053563
16
Jamshedpur
30 Dec, 2014
Sr.
No
City
17
Ranchi
07 Dec, 2014
18
Patna
14 Dec, 2014
53
November 2014
Sr.
No
City
19
Chandigarh
20
Mumbai-Andheri
Sr.
No
City
21
Hyderabad
Ruchi on 8297362323
22
Hyderabad
Ruchi on 8297362323
23
New Delhi
24
Bangalore
Subrata on 9620001478
25
Hyderabad
Ruchi on 8297362323
Sr.
No
City
Dates
26
Mumbai-Andheri
Vidhu on 9619716146
27
New Delhi
28
Pune
Kusmakar on 7875442311
29
Thane
Vidhu on 9619716146
30
Kolkata
Sumit on 08017516187
31
Bangalore
Subrata on 9620001478
32
Mumbai-Andheri
Vidhu on 9619716146
33
Thane
Vidhu on 9619716146
34
New Delhi
35
Hyderabad
Ruchi on 8297362323
36
New Delhi
37
Pune
Kusmakar on 7875442311
Sr.
No
City
38
Bangalore
Subrata on 9620001478
39
Hyderabad
Ruchi on 8297362323
40
Pune
Kusmakar on 7875442311
54
November 2014