Morning Note

27 Sept 2013

make more, for sure.

DATA MATRIX OF LAST SESSION

INDEX Sensex Nifty Midcap Smallcap Close 19894 5882 5628 5480 %Chg 0.19 0.14 0.21 -1.24

FIRST LIGHT HEADINGS

VALUE TRADED (Rs Crs)

BSE NSE F& O Total Total Volume 1601 12395 289957 303953

%Chg
-2.67 11.59 2.67 2.98

MARKET INSIGHT
On Thursday 26 Sept 2013, The trade gained pace in the final hours, as indicated by the rollover

NET INFLOWS (Rs Crs)

FIIs DIIs 172.2 (362.1)

%Chg
-54.98 -23.49

FII OPEN INTEREST (Crs)

FII Index Futures FII Index Options FII Stock Futures FII Stock Options 13049.40 41002.55 24016.36 257.85

%Chg
-33.29 -46.50 -19.33 -88.40

World Indices
Dow Jones Nasdaq FTSE 100 15328 3787 6566

%Chg
0.36 0.69 0.21

till previous session, the mood seemed bullish and the traders extending their bets to next series. Though, the final moment trade depicted the typical expiry moves and trade turned choppy with the benchmarks, which once looked to close firmly in green, suffered profit taking at higher levels, ended flat with a positive bias on the final day of the series. The mood were also dampened by the reversal of early gains in the European markets, while on the domestic front there was not much to support the markets. Meanwhile, the Raghuram Rajan panel report has made a case for ending the 'special category' criteria for providing additional assistance to poorer states and has instead suggested a new methodology for devolving funds on states based on a 'Multi Dimensional Index (MDI)'. Sectorwise, power witnessed good upmove followed by healthcare, capital goods and FMCG. On the F&O front, the September series was another good series for the markets, with major benchmarks gaining well over 8%. CNX Midcap and Smallcap too gained over 6% and 7% respectively, while sectorally Banks, FMCG, Metal and Auto gained near to 9-13% followed by pharma, media and energy, which gained anywhere between 5-6% for the series. The market breadth on the BSE ended positive; advances and declining stocks were in a ratio of 1186: 1129, while 145 scrips remained unchanged. a high and a low of 19997.28 and 19826.99 respectively. Among the 30-share Sensex, 15 stocks gained, while 15 stocks declined. The BSE Mid cap and Small cap indices ended higher by 0.12% and 0.60% respectively. On the BSE Sectoral front, Power up by 1.04%, Health Care up by 0.93%, Capital Goods up by 0.72%, FMCG up by 0.69% and Metal up by 0.61%, were the top gainers, while Consumer Durables down by 0.94%, Oil & Gas down by 0.93%, Realty down by 0.88%, IT down by 0.29% and Teck down by 0.28% were the top losers in the space. (Provisional) from its previous close of 25.68 on Wednesday. The CNX Nifty gained 5.75 points or 0.10% to settle at 5,879.60. The index touched high and low of 5,917.65 and 5,864.10 respectively. Out of the 50 stocks on the Nifty, 22 ended in the green, while 27 ended in the red and one stock remains unchanged. eye on controversial budget negotiations going in Washington. China's Shanghai Composite fell as investors reduced exposure ahead of the long Golden Week holiday starting Tuesday.

Commodity
Crude (US$/bl)

%Chg
102.7 1324.8 0.29 -0.77

Gold (US$/oz) Top 5 Movers BHEL TATASTEEL JPASSOCIAT COALINDIA SUNPHARMA

Close Price
151.15 301.3 38.6 303.45 582

%Chg
5.59 3.5 3.35 2.85 2.28

Top 5 Loser
JINDALSTEL AMBUJACEM PNB GAIL RELINFRA

Close Price
237 184 474.1 328 401.5

%Chg
-3.27 -2.59 -2.22 -1.94 -1.62

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF SEBI Regn No. BSE: INB010985834 / 010985834 NSE: INB230781431 NSE: INB 230781431, F&O: INF 230781431, PMS Regn No. INP000002387 DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Morning Note
make more, for sure.

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

QUANTITATIVE ANALYSIS: The Indian equity markets remained relatively calm on the usually choppy F&O series expiry day, after some initial hiccups, the major indices settled into a narrow range with no major movements taking place till the final hours' of the day. However, amid the dull day of trade, the only bright point was the strength in the rupee, which at one point of time looked strengthening below 62 mark against dollar on the Reserve Bank of India's (RBI) assurance that it would provide liquidity to the market and can also undertake open market operations if required. RBI relaxed the minimum maturity tenure for banks' foreign currency borrowing' to one year from three years, in order to use the central bank's swap facility which was set up to support the ailing rupee. Though, the markets were unable to get any respite with the positive start of the European markets, as they too remained in cautious mood with investors awaiting a report that may show US jobless claims rose last week. While, the US futures were indicating another cautious start of the US markets. For the upcoming sessions spot index may continue its range bound journey however 6190-6230 could be the near term resistance zone. Any substantial break out above this range with decisive volumes may further strengthens the current sentiment and we might se 6360-6390 in a short span of time. On the flip side any spiral selling below 5860-5830 may attract some bears and we might see 5630-5650 in a short span of time.

Index
SENSEX NIFTY BANK NIFTY

Support 2
19430 5762 9702

Support 1
19705 5822 9822

Previous Close
19894 5882 10099

Resistance 1
20068 5948 10405

Resistance 2
20395 6005 10690

Trend
Rangebound Rangebound Rangebound

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 SEBI Regn No. BSE: INB010985834 / NSE: INB230781431 NSE: INB 230781431, F&O: INF 230781431, PMS Regn No. INP000002387 DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Morning Note
make more, for sure.

NAME
Varun Gupta Mohit Taneja Vikram Singh

DESIGNATION
Head - Research Research Analyst Research Analyst

E-MAIL
varungupta@moneysukh.com

mohit.t@moneysukh.com
vikram_research@moneysukh.com

For more copies or other information, please send your query at research@moneysukh.com

Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES.

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website. Please note that our technical calls are totally independent of our fundamental calls. Technical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of the products. -Entry/exit will be on the basis of price or time priority -Use strict stop loss at 15% from your average acquisition price This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated, published in any media, website or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Any unauthorized use, disclosure or public dissemination of information contained herein is prohibited. This data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. While utmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect losses arising from the use thereof and the investors are requested to use the information contained herein at their own risk.

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI Regn No. INB010985834 / 010985834 NSE: INB230781431 SEBI Reg.No: BSE: INBBSE: 010985834, F&O: INF PMS Regn No. INP000002387 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293