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DERIVATIVE REPORT
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02 January 2016
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Prepared by: Meenakshi Pal
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Sr. Research Analyst
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02nd January 2016

NIFTY FUTURE

NIFTY DAILY CHART

The Indian stock market ended with smart gains
onNIFTY
FridayOUTLOOK
as investors sentiments were buoyed
by rupee appreciation. U.S. dollar weakened,
while crude oil prices rebounded in Asian trade.
Nifty closed 82 points higher at 8,186 points. It
opened at 8,120 points, hitting a high of 8,197
and low of 8,115. Sensex ended with a gain of
260 points at 26,626. The India VIX (Volatility)
.
index was up 1.19% at 15.46. The BSE Midcap
and Smallcap indices gained over 1% each. Out
of 1,539 stocks traded on the NSE, 414 declined
and 941 advanced today. The rupee was trading
up19 paise at 67.90 per US dollar. On the global
front, Asian markets closed mostly in green on
Friday, the last trading day of 2016, despite the
modest losses posted overnight on Wall Street.
The Shanghai Composite index was up 0.24%
and Hong Kongs Hang Seng index closed
higher by 1%. Nikkei 225 ended lower. In
Europe, the FTSE 100 is trading in red. CAC 40
and DAX are trading down by 0.2% each.

NIFTY FUTURE :
PIVOT :8174

R1:8219
S1:8142

Nifty open Flat on Friday and shown bullish

trend over the full trading hours. Nifty closed
above the 8100 today. 8000 -7900 is the support
of nifty if its break that level down side pressure
will be seen. Above 8150 new level of nifty
would be 8230-8350.

R2:8251
S2:8097

R3:8296
S3:8065

02nd January 2016

NIFTY BANK FUTURE

NIFTY BANK DAILY CHART

NIFTY BANK OUTLOOK
NIFTY
Bank
nifty OUTLOOK
open flat today and showing bullish
movement, over the full trading hours. Bank
nifty closed above 18000. Above 18000 next
target for bank nifty on chart up to 18300-18500.
Ssupport for bank nifty would be in between the
level of 17400-17600. It can be the reversal point
for bank nifty. ICICI BANK
(+1.67%) and
AXIS BANK (+1.28%) is the top gainers of the
day.

Bank nifty Open Flat at 18060.00, to its previous

closing 18072.55 on Friday and touched high of
18285.00. Todays bank nifty made a low of
18043.95. 17400-17600 is the next support of the
bank nifty. As we expect that bank nifty should
take support at that level. and next level of bank
nifty would be 17800-18000.

BANK NIFTY FUTURE :

PIVOT :18174

R1:18305
S1:18064

R2:18415
S2:17933

R3:18546
S3:17823

02nd January 2016

USDINR
The Indian rupee gained in the early trade on Friday. It has opened higher by 15 paise at 67.95 per dollar
versus 68.10 Thursday. Festive fervour is the theme right now across the world. The dollar index has
given up some of the recent gains and is trading below 103. EM currencies are still under cloud. USD-INR
is expected to trade within 67.80-68.10/dollar range. The US dollar slipped against the yen and the euro as
traders use the quiet holiday period to take profits on the dollar's recent gains, while a drop in US treasury
yields on waning risk appetite reduced the greenback's appeal
USDINR :
PIVOT : 68.10

R1:68.18
S1:68.01

R2:68.27
S2:67.93

R3:68.35
S3:67.84

GLOBAL MARKETS

EUROPEAN MARKET
NAME

CHANGE

% CHANGE

FTSE 100
CAC 40
DAX

22.57
23.84
30.01

0.32
0.49
0.26

European markets finished higher as of the most recent closing prices. The FTSE 100 gained 0.32%,
while the DAX led the CAC 40 higher. They rose 0.26% and 0.49% respectively.

ASIAN MARKET
NAME

CHANGE

% CHANGE

NIKKEI 225
STRAITS TIMES
HANG SENG
TAIWAN WEIGHTED

-30.77

-0.16

-8.39
209.65
100.41

-0.29
0.95
1.09

Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.96% and
the Shanghai Composite rose 0.24%. The Nikkei 225 lost 0.16%.

ADVANCES / DECLINES RATIO

ADVANCE
1146

DECLINE
437

UNCHANGED
94

TOTALS
1677

02nd January 2016

INDIAN MARKETS

Name

Change

% Change

82.20
144.05
7.45
134.65
2.20

Nifty 50
Nifty Bank
Nifty Metal
Nifty Pharma
Nifty Realty

Name

Change

Open

1.00
0.79
0.28
1.31
1.33

8119.65
18026.35
2650.40
10174.00
163.55

% Change

Open

High
8197.00
118245.75
2663.20
10285.05
166.45

High

Low
8114.75
18016.80
2640.95
10162.40
163.55

Low

Sensex

260.31

0.98

26441.51

26678.60

26406.53

S&P BSE
Small Cap

91.61

0.76

11971.44

12088.52

11971.44

S&P BSE
Midcap

126.79

1.05

11948.78

12066.12

11948.43

FII/DII ACTIVITY

BUY
No. Of
Contracts
INDEX
FUTURES
INDEX
OPTIONS
STOCK
FUTURES
STOCK
OPTIONS

SELL

Amt.
(In. Crores)

No. Of
Contracts

Amt.
(In. Crores)

OPEN INTEREST AT THE

END OF THE DAY
No. Of
Amt.
Contracts
(In. Crores)

29790

1895.87

17830

1143.11

164026

10337.93

376222

24198.97

353249

22688.26

755617

46923.58

91923

5655.10

76706

4835.19

839368

50525.05

32912

2087.54

30059

1926.64

20068

1233.81

02nd January 2016

TOP GAINERS VS. TOP LOSERS

TOP GAINERS
Company
AUROPHARMA
GAIL
SUN PHARMA
ITC LTD.
GRASIM INDS.

Prev. Close(Rs.)
647.20
425.55
614.70
236
843.50

Current Price(Rs.)
669.30
439.20
630.00
241.65
862.75

% Change
+3.41
+3.21
+2.49
+2.39
+2.28

Prev. Close(Rs.)
2651.45
639.65
392.35
3066.25
191.60

Current Price(Rs.)
2632.20
635.50
391.25
3060.40
191.35

% Change
-0.73
-0.65
-0.28
-0.19
-0.13

TOP LOSERS
Company
BAJAJ AUTO
BHARAT PETRO
TATA STEEL
DR.REDDYS LABS
ONGC

02nd January 2016

ERL RESEARCH TEAM

Member Name

Designation

Mr. Tuhinanshu Jain

Mr. Yogesh Subnani
Miss. Meenakshi Pal

Research Head
Sr. Research Analyst
Sr. Research Analyst

E-mail ID
Tuhinanshu.jain@equityresearchlab.co.in
Yogesh.subnani@equityresearchlab.co.in
Meenakshi.pal@equityresearchlab.co.in

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