Wednesday, October 26, 2016

Nifty Cracks under Bear Assault, Closes Below 8640

Nifty opened this morning, 40 points below its previous close at 8703. The Index remained
weak throughout the day even as it gave away much of its gains and made a low of 8605.
Markets remained shaky right through the day while the outcome of the Tata feud weighed
heavily on the Index. Bank Nifty too gave away 200 crucial points even as it fell from its
intraday high of 19674 and made a low of 19432. The top losers of the day were Axis bank,
Tata Steel,Tata Motors and ICICI Bank.

Top Nifty Gainers

Symbol

IDEA
KOTAKBANK
HEROMOTOCO
BHARTIARTL
MARUTI
HINDUNILVR
DRREDDY
M&M
BAJAJ-AUTO
ONGC

LTP

Traded

Change

Qty

Value
(in
Lakhs)

Open

High

Low

Prev.
Close

78.4

4.12

1,84,78,633

14,472.47

75.95

79.7

75.15

75.3

811.95

3.23

44,31,743

35,939.22

783

821

781.1

786.55

3,411.00

1.65

6,04,984

20,686.22

3,379.00

3,449.00

3,370.00

3,355.55

316.75

1.59

58,92,598

18,792.08

315

322.9

314.8

311.8

5,870.00

1.53

5,90,811

34,552.40

5,796.60

5,898.00

5,785.00

5,781.45

843.1

1.29

19,28,005

16,148.97

831.1

846.8

826.55

832.35

3,236.00

1.11

4,92,547

15,812.63

3,206.00

3,254.90

3,153.15

3,200.60

1,313.60

0.74

6,25,252

8,218.56

1,300.10

1,325.00

1,292.65

1,303.90

2,815.00

0.48

1,57,120

4,444.50

2,795.00

2,845.00

2,790.05

2,801.55

290

0.43

42,29,417

12,265.31

288.5

292.85

286.3

288.75

Top Nifty Losers

Symbol

LTP

%
Change

Traded
Qty

Traded
Value

Open

High

Low

Prev.
Close

(in Lakhs)
AXISBANK
TATAMTRDVR
TATASTEEL
TATAMOTORS
ICICIBANK
INFRATEL
TECHM
AUROPHARMA
ADANIPORTS
TATAPOWER

485.25

-8.29

3,87,80,150

1,90,007.22

499

502

484.5

529.1

343

-5.57

13,68,028

4,767.99

360.1

362

341.05

363.25

392.9

-5.38

83,02,467

33,979.51

414.35

418.8

390.9

415.25

527.25

-4.79

66,65,017

35,727.16

548

548

523.15

553.8

278.65

-3.66

2,72,88,514

76,530.64

284.45

284.45

277

289.25

368.05

-2.98

13,17,261

4,902.45

380.9

380.9

365.95

379.35

422

-2.78

26,85,974

11,463.74

434

435

421.95

434.05

805

-2.41

10,88,439

8,847.59

821.2

823.85

803.05

824.9

305.4

-2.37

1,19,74,635

36,787.28

312.95

316.5

299.35

312.8

80.5

-2.31

49,97,075

4,055.13

82

82.1

80

82.4

Dynamic Sector Performance 26th October 2016

No heavy movement has been noticed in any sectors in todays trading session.

A quick View of the Sectors

SECTOR
AIRLINES
INFRA- MACHINERY EQUIPMENT
FMCG- FOOD
INFRA- TELECOM
REALTY
FOOTWEAR
REALTY- HOUSEHOLD
METALS AND MINING
CEMENT
TRANSPORTATION LOGISTICS
JEWELLERY
INFRA- CONSTRUCTION ENGINEERING AND MATERIALS
IT
AUTO- AUTOMOBILES AND AUTO PARTS
MEDIA- ENTERTAINMENT
MEDIA
TEXTILES AND APPAREL
DEFENCE
ENTERTAINMENT-HOTELS AND LEISURE
CHEMICALS
FERTILISERS
PAPER
FMCG- PACKAGING
INFRA- POWER
FINANCIAL SERVICES- NBFC
FMCG
ENERGY-OIL & GAS
AUTO-AUTO ANCL AND COMPONENTS
PHARMA
FMCG- SUGAR
FMCG- BREVERAGES
BANKS-PRIVATE
AUTO- TYRES AND TUBES
FINANCIAL SERVICES
BANKS-PSU
DIVERSIFIED

% CHANGE TODAY
0.65%
0.28%
0.17%
0.14%
0.14%
0.09%
0.07%
0.04%
0.02%
0.02%
0.01%
-0.01%
-0.05%
-0.05%
-0.08%
-0.10%
-0.13%
-0.24%
-0.30%
-0.38%
-0.39%
-0.44%
-0.46%
-0.61%
-0.62%
-0.63%
-0.69%
-0.72%
-0.79%
-0.84%
-0.84%
-0.85%
-0.88%
-0.94%
-1.07%
-1.14%

Top News of the Day

Maruti Shares makes Record high on strong Q2 Anticipation

Maruti Suzuki, the biggest car manufacturer of the country is expected to report stellar
performance in July-September quarter (Q2FY17) with profit rising a whopping 52 per
cent year on year to Rs 1,868 crores but margin may decline, according to analysts polled
by the market analysts.
Revenue during the quarter is seen rising 30 per cent year on
year to Rs 18,222 crores as the mix shifted towards high
priced vehicles such as Vitara Brezza and Baleno.
Compact car segment growth was 9 per cent due to success of
new Baleno and Celerio. Utility vehicle segment also
witnessed big surge due to success of Vitara Brezza and
Ertiga. Maruti sold 4.2 lakh vehicles in the second quarter,
registering a 19 per cent growth compared with 3.53 lacs
units sold in year-ago period with exports and domestic volumes rising 18 per cent.
Realisations may rise led by higher export selling prices and higher priced recent launches
like Vitara Brezza, Baleno. The company has maintained market share of 45-47 per cent
the last 15 years. EBITDA (earnings before interest, tax, depreciation and amortisation) is
likely to grow 25 per cent YoY to Rs 2,832 crores but margin may contract 80 basis points
to 15.5 per cent as raw material prices were slightly higher than last year due to higher
steel prices. Direct forex exposure is likely to be netted out due to Baleno exports. Forex
impact may be limited to indirect exposure. Analysts see only 40 basis points drag from
forex.
Maruti share price is currently trading at Rs 5,889.75, up by 1.87 per cent or 108.30 points.
The share made a lifetime high of Rs 5,898.00 in todays trading session by breaking the
previous high of Rs 5799.00 made yesterday.
Get the most important support and resistance levels of the share at Maruti share price
forecast.

Delta Corp Stuns the Street with Its Stellar Q2

Delta Corp announced its Q2 results for the ongoing financial
year. The company posted around eight-fold jump in the
consolidated net profit at Rs 32 crore for the quarter ended
September 30, 2016 (Q2FY17). The company occupied in the
gaming and hospitality segment had reported a profit of Rs 4
crore in the same quarter last financial year.
Delta Corp share price traded at the lifetime high of Rs.
195.30 rising around 7% in the NSE intraday trade today.
Total operational income during the quarter under review
went up by 44 per cent at Rs 134 crore as against Rs 93 crore in the corresponding quarter
previous year. EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization
margin improved to 42.2 per cent from 33.3 per cent.
Delta Corp share price closed at Rs. 185.75 with the rise of around 1.5% per cent as
compared to the 0.88 per cent decline in the Benchmark Index Nifty. By the end of trade a
total of over one crore shares had changed hands over the NSE counter alone.
For the first six-months, from April to September, of Financial Year 2017, Delta Corp has
reported a consolidated net profit of Rs 52.32 crore against Rs 3 crore in the same period
of the Financial Year 2016. The trading volumes on the counter almost doubled on both
the bourses.
State Bank of Mysore Clocks Loss of Rs 184 Cr In Q2
State Bank of Mysore, an associate bank of SBI, clocked a loss of Rs 183.5 crore for the
second quarter ended September 30, 2016 since bad loans increased almost three times.
The bank had noted a net profit of Rs 131.98 crore for the
July-September period of FY16. Total income for the JulySeptember quarter of the current financial year also dipped to
Rs 1,947.63 crore from Rs 1,969.96 crore in the year-ago
period. Gross non-performing assets (NPAs) increased threefold to 13.01 per cent of gross advances from 4.19 per cent a
year ago. Net NPAs further rose to 8.43 per cent from 2.22
per cent. As a result, provisions and contingencies increased
nearly five-fold to Rs 518 crore, as against Rs 116.40 crore in
the same quarter a year ago.
th
On 25 Sept share State Bank of Mysore share price rolled below1 per cent. The stock is
trading at Rs. 550.00, opened with a fall of 6 points at Rs. 549 as compared to its previous
closing at Rs. 555.60. The scrip touched the days high and low at Rs. 557 and Rs.545. Till
now, around 17,388 shares are traded in the counter with a traded value of Rs.95.55 lacs,
as per NSE.

NSE Stock Performer List

TOP GAINER
SYMBOL

LTP

%CHANGE SECTOR

TOP LOSER
SYMBOL

LTP

%CHANGE SECTOR

IGPL

269.05

15.22

CHEMICALS

MUNJALSHOW

236.65

-5.92

AUTO-AUTO ANCL AND COMPONENTS

GUJALKALI

400.55

9.48

CHEMICALS

DCMSHRIRAM

264.95

-5.85

DIVERSIFIED

ADFFOODS

165.80

9.37

FMCG- FOOD

VLSFINANCE

74.70

-4.41

FINANCIAL SERVICES

CHEMFALKAL

332.45

8.38

CHEMICALS

RBL

1214.05

-4.36

AUTO- AUTOMOBILES AND AUTO PARTS

TIRUMALCHM

720.00

6.82

CHEMICALS

HERITGFOOD

876.90

-4.02

FMCG- FOOD

GSFC

96.45

4.72

FERTILISERS

MOTILALOFS

597.90

-3.99

FINANCIAL SERVICES

PIIND

868.05

4.65

CHEMICALS

GNFC

272.25

-3.66

FERTILISERS

VIPIND

150.90

3.99

REALTY- HOUSEHOLD

SSWL

673.30

-3.49

AUTO-AUTO ANCL AND COMPONENTS

TFCILTD

66.65

3.41

FINANCIAL SERVICES- NBFC

RPGLIFE

479.00

-3.47

PHARMA

MOIL

321.65

3.11

METALS AND MINING

BPL

87.50

-3.26

REALTY- HOUSEHOLD

MANGLMCEM

358.40

3.02

CEMENT

JUBILANT

666.00

-3.21

PHARMA

GMDCLTD

109.10

2.92

METALS AND MINING

SUNDRMFAST

317.60

-3.20

AUTO-AUTO ANCL AND COMPONENTS

NEULANDLAB

993.85

2.87

PHARMA

TIMETECHNO

96.50

-3.11

FMCG- PACKAGING

BAJAJFINSV

3326.00

2.38

FINANCIAL SERVICES- NBFC

DEEPAKNTR

116.75

-2.99

CHEMICALS

OBEROIRLTY

346.90

2.24

REALTY

SONASTEER

66.55

-2.92

AUTO-AUTO ANCL AND COMPONENTS

MTEDUCARE

139.50

2.24

IT

ATUL

2315.45

-2.74

CHEMICALS

1301.90

2.15

FINANCIAL SERVICES

RALLIS

226.00

-2.59

CHEMICALS

SURYAROSNI

238.70

2.14

REALTY- HOUSEHOLD

OUDHSUG

108.00

-2.57

FMCG- SUGAR

BLUESTARCO

552.00

1.92

REALTY- HOUSEHOLD

PEL

1795.00

-2.52

PHARMA

47.20

1.72

STCINDIA

131.65

-2.45

DIVERSIFIED

SMLISUZU

1283.00

1.68

CHEMICALS
AUTO- AUTOMOBILES AND AUTO
PARTS

TUBEINVEST

631.15

-2.43

AUTO-AUTO ANCL AND COMPONENTS

CENTENKA

317.85

1.63

HGS

559.00

-2.33

IT

JBMA

296.00

1.56

TEXTILES AND APPAREL

AUTO-AUTO ANCL AND
COMPONENTS

J&KBANK

67.10

-2.33

BANKS-PRIVATE

LAKSHVILAS

154.00

1.55

BANKS-PRIVATE

SAKHTISUG

36.15

-2.30

FMCG- SUGAR

KANSAINER

377.00

1.54

REALTY- HOUSEHOLD

DHAMPURSUG

119.95

-2.28

PHILIPCARB

261.00

1.44

INDIANHUME

842.40

-2.27

ESCORTS

400.50

1.30

CHEMICALS
AUTO- AUTOMOBILES AND AUTO
PARTS

FMCG- SUGAR
INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS

DEEPAKFERT

225.10

-2.19

FERTILISERS

WHIRLPOOL

1140.00

1.27

REALTY- HOUSEHOLD

LLOYDELENG

319.15

-2.18

REALTY- HOUSEHOLD

VAKRANGEE

240.00

1.22

IT

BINANIIND

104.60

-2.15

CEMENT

MCX

MEGH

Conclusion
The current quarter expires tomorrow (the last Thursday of the month). We might see
further drop in the Nifty share price in tomorrows trading session.

Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal
views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment
while making investment decision.

Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment
Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX &
NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with
whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their
observations have issued advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company

Report Prepared By:

Mayank Jain - NISM-201500086427
Vikash Kandoi - NISM-201500086430