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DERIVATIVE REPORT
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27 December 2016
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Prepared by: Meenakshi Pal
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Sr. Research Analyst
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27th December 2016

NIFTY FUTURE

NIFTY DAILY CHART

The Indian equity market fell to the lowest level
inNIFTY
a month
due to sustained selling across the
OUTLOOK
board, the market, which opened lower this
morning, reacting to PM Narendra Modi's hinted
tax hike on stock market income. The Indian
Market expected to remain volatile ahead of the
expiry of December series F&O contracts, as
investors roll over their positions to the January
.
series. The near month contracts will expire on
the coming December 29. Sensex ended with a
loss of 234 points at 25,807, While Nifty closed
with a loss of 77.50 points at 7,908. Nifty fell
about 1% on Monday to a seven-month low
weighed by metal, realty, pharma, banking and
auto stocks. The BSE Midcap and Smallcap
closed down by 2% each. Heavy selling pressure
was witnessed in pharma, finance, oil & gas, IT,
metal, telecom, teck, consumer durables, auto and
capital goods stocks. The India VIX, jumped 12%
to 16.9050 points after Narendra Modi's
comments on stock market's contribution to the
government on Friday spooked traders. Finally it
settled at 14.2350 up by 9.75%. The Rupee was

Nifty open down on Monday and shown

Bearish trend over the full trading hours. Nifty
closed below the 8000 today. 8000 -7900 is the
support of nifty if its break that level down side
pressure will be seen. Nifty may be taste the level
of 7900-7850. Above 8150 new level of nifty
would be 8230-8350.

trading up four paise at 67.78 per US dollar.

NIFTY FUTURE :
PIVOT :7925

R1:7955
S1:7881

R2:7999
S2:7852

R3:8029
S3:7808

27th December 2016

NIFTY BANK FUTURE

NIFTY BANK DAILY CHART

NIFTY BANK OUTLOOK
NIFTY
Bank
nifty OUTLOOK
open Gap down today and showing
Bearish movement, over the full trading hours.
Bank nifty closed below 18000 again . bank nifty
break its support level and support for bank nifty
Swould be in between the level of 17400-17600.
BANK OF BARODA (-3.69%) and YES BANK
(-2.06%) is the top losers of the day.

Bank nifty Open gap down at 17825.25, to its

previous closing 17907.35 on Monday and
touched high of 17849.80. Todays bank nifty
made a low of 17617. 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 :17713

R1:17809
S1:17576

R2:17946
S2:17480

R3:18042
S3:17344

27th December 2016

USDINR
The Indian Rupee depreciated marginally by 0.0 3 percent in the last week owing to the persistent
buying of the American currency buy importers and banks amid higher US Dollar in the overseas
market. The prospect of three more rate hikes in the US prompted the traders to park their funds in dollar
denominated assets which affected Indias foreign inflows in turn.

USDINR :
PIVOT : 67.75

R1:67.79
S1:67.66

R2:67.88
S2:67.62

R3:67.92
S3:67.53

GLOBAL MARKETS

EUROPEAN MARKET
NAME

CHANGE

% CHANGE

FTSE 100
CAC 40
DAX

4.49
5.05
-6.17

0.06
0.10
-0.05

European markets finished mixed as of the most recent closing prices. The CAC 40 gained 0.10% and
the FTSE 100 rose 0.06%. The DAX lost 0.05%.

ASIAN MARKET
NAME

CHANGE

% CHANGE

NIKKEI 225
STRAITS TIMES
HANG SENG
TAIWAN WEIGHTED

-31.03

-0.16

-10.99
-61.44
31.90

-0.38
-0.28
0.35

Asian markets finished mixed as of the most recent closing prices. The Shanghai Composite gained
0.40%, while the Hang Seng led the Nikkei 225 lower. They fell 0.28% and 0.16% respectively.

ADVANCES / DECLINES RATIO

ADVANCE
197

DECLINE
1249

UNCHANGED
53

TOTALS
1499

27th December 2016

INDIAN MARKETS

Name

Change

% Change

-77.50
-228.45
-79.15
-267.35
-6.00

Nifty 50
Nifty Bank
Nifty Metal
Nifty Pharma
Nifty Realty

Name

Change

-0.98
-1.29
-3.11
-2.70
-3.78

% Change

Open

High

Low

7965.10
17825.50
2606.15
10144.55
164.00

7970.05
17860.85
2608.30
10144.55
164.30

7893.80
17606.90
2536.95
9870.05
158.00

Open

High

Low

Sensex

-233.60

-0.91

25992.41

26008.57

25753.74

S&P BSE
Small Cap

-248.20

-2.15

11802.73

11803.82

11541.11

S&P BSE
Midcap

-254.95

-2.22

11778.57

11778.57

11492.19

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)

51269

3203.97

50223

3105.93

262935

16076.18

438905

27471.46

423000

26515.48

1170418

70766.80

259036

14872.41

256077

14796.95

953241

54974.68

59884

4002.97

60453

4051.26

94652

5776.12

27th December 2016

TOP GAINERS VS. TOP LOSERS

TOP GAINERS
Company
HUL
TATA CONSULTAN.
BHARTI AIRTEL
ITC LTD.
L&T

Prev. Close(Rs.)
789.50
2288.10
295.55
224.70
1337.45

Current Price(Rs.)
801.80
2293.10
296.10
225.00
1337.60

% Change
+1.56
+0.22
+0.19
+0.13
+0.01

Prev. Close(Rs.)
159.30
582.30
153
647.55
20921.90

Current Price(Rs.)
151.50
554.95
147.35
624.50
20272.80

% Change
-4.90
-4.70
-3.69
-3.56
-3.10

TOP LOSERS
Company
HINDALCO
CIPLA
BANK OF BARODA
AURO PHARMA
EICHER MOTORS

27th December 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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