2nd Jan 2014

MARKET DIARY
SGX NIFTY : 6343 ( 3pts Down )

Quote of The Day

"Stop trying to predict the direction of the stock market, the economy or elections." - Warren Buffett Name Sensex Nifty DOW NASDAQ CAC DAX FTSE NIKKIE HANG SENG EW ALL SHARE

MARKET
Value 21140.48 6301.65 Closed Closed Closed Closed Closed Closed 23211.44 10013.35 Change (30.20) (2.35)

Chart of the Day Indian Equities Institution Trend

(94.84) (166.24)

INSTITUTIONAL TURNOVER
FII Investor 1th Jan, 14 Buy(Cr.) 225.12 225.12 225.12 DII Investor 1th Jan, 14 Jan,14 2014 Buy(Cr.) 359.22 359.22 359.22 Sale(Cr.) 581.34 581.34 581.34 Net(Cr.) (222.12) (222.12) (222.12) Sale(Cr.) 214.96 214.96 214.96 Net(Cr.) 10.16 10.16 10.16

Index Action-Nifty (1th Jan, 14)

Jan,14 2014

COMMODITY PRICE

Index
Contents Economic calendar News Derivative Research Page 4 3 2 Coverage UPDATE UPDATE UPDATE UPDATE

COMMODITY/CURRENCIES GOLD SILVER CRUDEOIL COPPER NATURALGAS DOLLAR/RS. EURO/RS. POUND/RS.

Value 28409.00 43889.00 111.65 468.60 264.20 61.90 85.17 102.63

Narnolia Securities Ltd.

124, 1st floor 7/1, Lords Sinha Road Kolkata -700071. Ph 033-22821500/01/02/03/04 Mob : 9830013196 email: research@narnolia.com, website : www.narnolia.com

Derivative Research
NIFTY SNAPSHOT Nifty Spot Nifty Jan 2014 Future Nifty Feb 2014 Future Nifty Jan 2014 Open Interest Nifty Feb 2014 Open Interest 7 DMA of Spot Nifty 21 DMA of Spot NIfty 50 DMA of Spot Nifty VOLATILITY INDEX (VIX) PUT CALL RATIO Nifty (Jan Series) Option OI Distribution: 6301.65(-2.35) 6360 6401 19806250 1158500 6291 6250 6192 15.58(+0.46) 0.92 GRAPH

Index Outlook

Activity of Nifty (Jan Series) Strike CALL OI % Chng 6000 784350 -0.7 6100 882900 0.5 6200 1090050 1.4 6300 2518400 3.1 6400 3726850 5.2 6500 4628650 5.0 Fresh Long Seen In (Rising OI -Rising Price) Scrip OI OI ch% DISHTV 16,896,000 30.9 CENTURYTEX 5,415,000 14.0 TATACOMM 7,048,000 12.7 IDEA 9,698,000 12.4 ARVIND 7,212,000 11.5 PCR (OI) STOCK T1 IOB 0.90 MRF 0.25 FEDERALBNK 0.20 MCDOWELL-N 0.48 BANKINDIA 0.56

PUT OI 2899100 3016000 3727700 4079000 1377650 701850 CMP 60.8 313.9 309.5 168.1 138.7 T2 0.25 0.17 0.14 0.36 0.44 % Chng 3.3 0.1 4.4 6.9 2.3 2.4 Ch% 0.2 0.1 0.1 0.7 1.5

FIIs Activity (Fig in Cr) Segment INDEX FUTURE INDEX OPTION STOCK FUTURE STOCK OPTION TOTAL

Buy 669 3,467 1,038 379 5,553

Sell 655 3,460 1,255 375 5,746

Net 14 7 (218) 4 (193)

Fresh Shorts Seen In: (Rising OI -Falling Price) Scrip OI OI ch% CMP PFC 5,802,000 13.9 166.3 CESC 873,000 13.4 464.6 RECLTD 2,520,000 11.9 219.1 APOLLOTYRE 39,616,000 7.1 104.9 PTC 2,776,000 6.8 65.5 YESTERDAY'S IMPACT TRADE STOCK STRIKE CE STOCK RCOM 140 CE RELIANCE SBIN 1800 CE RCOM RELIANCE 900 CE SBIN DLF 180 CE INFY MCDOWELL-N 2600 CE MCDOWELL-N

Ch% -0.4 -0.3 -0.7 -2.1 -1.0 STRIKE PE 880 PE 130 PE 1700 PE 3500 PE 2500 PE

Markets Snapshot
Top Price Performers Top Performers 1D UBHOLDINGS OMAXAUTO ASSAMCO RAMANEWS DBREALTY Worst Price Performers Worst Performers 1D GLOBALCA JAIBALAJI TANEJAERO SINCLAIR EICLLTD % Change (19.96) (9.81) (8.36) (7.88) (6.92) Worst Performers 1W GLOBALCA INDINFO BIHARSPONG SCANPGEOM SOUISPAT % Change (32.00) (14.75) (14.75) (14.41) (14.33) Worst Performers 1M STAR KINETICENG GLOBALCA TFL ZENITHINFO % Change (63.43) (40.38) (36.50) (35.96) (34.13) % Change 19.94 19.88 19.05 18.60 16.89 Top Performers 1W SIGRUN UBHOLDINGS MAVENSBIO GTL KAVVERITEL % Change 50.00 46.85 42.03 41.10 40.51 Top Performers 1M DQE MLKFOOD SVCRES RICOAUTO MCDHOLDING % Change 113.59 109.16 96.75 92.98 81.40

Top News :
Talwalkars Mgt Guideline : The company will achieve 30 percent bottomline in FY15. Company hopes on its various value added services like Reduce (diet plans), Zumba (fitness dance), Nuform . Comapny is aiming at providing Zumba in 100 more gyms. Mgt further adds that fee hikes are likely post April 1, 2014. Atul Auto Mgt Guideline : The company is likely to sustain the 18.5 percent growth rate for FY14 and expects the momentum to continue going ahead. The company is likely to introduce 350 KG capacity gasoline three-wheeler in 2014 which can be used with alternate fuel options as well like CNG, LPG and with that hopes to cater urban as well as export market. Ashoka Buildcon has received Letters of Acceptance (LoAs) for the Projects viz. Execution of Distribution strengthening works under Restructured Accelerated Power Development and Reforms Programme (R-APDRP) Part-B Scheme on total turnkey basis aggregating Rs 596.28cr from TANGEDCO. Lakshmi Vilas Bank board will consider rights issue on Friday.A meeting of the board of directors of the bank will be held on January 03, to consider and if thought fit, to approve the proposal for further issue of equity shares on rights basis, to existing shareholders of the bank . M&M Dec 2013 Auto sales : -12.6 % ( YoY ) , 0.9 % ( MoM ) . Maruti Dec 2013 Auto sales : -4.4 % ( YoY ) , -1.3 % ( MoM ) . Atul Auto Dec 2013 Auto sales : +23.4 % ( YoY ) ( 3510 in Dec 2013 Vs 2844 in Dec 2012 ). U.S. Food and Drug Administration gave a tentative approval to Lupin for generic version of cholesterol drug niacin, a form of vitamin B . RBI revises norms on gold dore imports by bullion refineries RBI says -Quantum of gold dore to be imported should be determined lot-wise on the basis of export performance -Before next import, not more than 80 percent shall be allowed to be sold domestically -Dore so imported shall be refined and released based on first-in-first-out basis following 20:80 principle Government -November eight core industries growth at 1.7 percent versus 5.8 percent (YoY) -April-November eight core industries growth at 2.5 percent versus 6.7 percent (YoY) -Nov CPI Industrial Workers Infln At 11.47% Vs 11.06% (MoM) -Nov CPI-IW Food Inflation At 16.17% Vs 15.02% (MoM) China's Purchasing Managers' Index (PMI) dipping to 51.0 . Economists had expected the official PMI, published by the National Bureau of Statistics, to ease to 51.2 from November's 51.4. Delhi distribution companies (Discoms) are out of the Comptroller and Auditor General of India (CAG) ambit: Sources Alert: CAG audits only government owned companies Alert: Delhi Discom 51:49 JV between private companies and government ( Tata Power , Reliance Power in focus) -Accounts regularly audited by CAG empanelled auditors -85 percent of expenses are indirectly under CAG domain - PIL pending in Delhi High Court since February 2011 -Matter is currently sub-judice in Delhi High Court .

Economic Calendar
Monday 30-Dec Tuesday 31-Dec Wednesday 1-Jan Thursday 2-Jan Friday 3-Jan

US

S&P/CS Composite-20 HPI y/y , Pending Home Sales m/m .

Chicago PMI

Unemployment Claims , Final Manufacturing Crude Oil Inventories , Total Vehicle Sales PMI , ISM Manufacturing PMI , Construction , Natural Gas Storage . Spending m/m .

UK/EURO ZONE

Housing Equity Withdrawal q/q

Retail PMI

Spanish Manufacturing PMI , Italian Manufacturing PMI , Manufacturing PMI .

Spanish Unemployment Change , M3 Money Supply y/y , Private Loans y/y , Construction PMI , BOE Credit Conditions Survey , Net Lending to Individuals m/m .

INDIA

Auto sales no .

Auto sales no .HSBC manufacturing PMI data

HSBC India Services PMI , HSBC India Composite PMI.

Result Calendar Q3FY14

BSE Code
532131 514358 536709 502700 532857 507488 521248 532187 500209 506894 509567 507984 517326 500086 520066 500266 532978 500034 532977 500490

Company Name
Triumph Intl Everlon Syn VAK POW INF Arunoday Mills Glory Polyfilms GM Breweries Kitex Garments Indusind Bank Infosys Chemfab Alk Goa Carbon-$ SER Inds CMC Exide Inds Jay Bharat Marut Maharashtra Scoot Bajaj Finserv BAJFINANCE Bajaj Auto Bajaj Holdings

Date
3-Jan-14 4-Jan-14 4-Jan-14 7-Jan-14 7-Jan-14 7-Jan-14 9-Jan-14 10-Jan-14 10-Jan-14 11-Jan-14 11-Jan-14 11-Jan-14 13-Jan-14 13-Jan-14 13-Jan-14 14-Jan-14 15-Jan-14 15-Jan-14 16-Jan-14 16-Jan-14

BSE Code
500490 511288 532894 531841 532218 500180 500820 500411 533573 500010 531049 532652 533179 507598 505250 500165 500414 524038 522261 521038

Company Name
Bajaj Holdings Gruh Finance Indowind Ener Indus Finance Corp South Indian Bank HDFC Bank Asian Paints Thermax Alembic Pharma HDFC Neelkanth Rock Karnataka Bank Persistent Sys KLRF GG Dandekar Kansai Nerolac Timex Group-$ Venlon Enter Dolphin Offsh-$ Tamilnadu Jai

Date
16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 16-Jan-14 17-Jan-14 20-Jan-14 21-Jan-14 22-Jan-14 22-Jan-14 23-Jan-14 24-Jan-14 25-Jan-14 27-Jan-14 31-Jan-14 31-Jan-14 31-Jan-14 31-Jan-14 3-Feb-14 3-Feb-14

N arnolia Securities Ltd

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