FII Activity & Nifty View

FII Activity & Nifty View

Yesterday, FII’s activity in cash market segment was subdued. While in Index Futures they were net buyers of worth Rs.613 crores with rise in open interest. This suggest FII’s did not participated in last half an hours fall in Nifty, in fact they formed fresh longs in Index Futures in last trading session.

In Index Options front they bought to the tune of Rs.633 crores with rise in open interest. In call options, 8700 strike added good amount build-up, which is long position formed by FIIs. On the other hand in put options, we hardly saw any fresh build-up. Some unwinding was seen in 8200 and 8400 put options. Maximum open interest is seen in 8800 call and 8200 put options. 

Seeing the above data, we believe Nifty may remain strong, as FIIs continue to form longs. We suggest to trade with positive bias in Nifty till we see any relevant changes.

BUY NSEPUT NIFTY AUG

BUY NSEPUT NIFTY AUG 8400 @ 53-56 SL 47 TRG 75

Indian Adr/Gdr

Indian Adr/Gdr

Infy:+0.91%,     Wit:+0.64%
Ttm:+1.17%,    Rdy:+0.70%
Hdb:+0.06%,     Ibn:+0.30%
SBID: -0.11%,  RIGD: -0.23%
Yoy

Market Update

Market Update:
Sgx Nifty +28 pts
Dow +241.79 pts ,Nsdq +58.25 pts , S&P +26.71 pts ,Bovespa +775 pts, Ftse +17 pts , Dax +113 pts, Cac +40 pts, Nikkei  +107 pts , now, Crude @ $44.77/brl (-0.19), Brent @ $50.09 (-0.32) , Gold @ $1104.60 (+0.50), Silver @ $15.25 (-0.04), Euro @ $1.1019, JPY @ $124.6200,

SELL MCX COPPER

SELL MCX COPPER AUG AT 329.50 - 330, SL - 333, TARGET - 324(CMP - 329.50)

SELL MCX CRUDE OIL

SELL MCX CRUDE OIL AUG AT 2875 - 2880, SL - 2911, TARGET - 2810(CMP - 2870)

SELL MCX GOLD

SELL MCX GOLD OCT AT 24760 - 24770, SL - 24840, TARGET - 24660(CMP - 24760)

BUY NSECALL NIFTY AUG

BUY NSECALL NIFTY AUG 8700 @ 58-60 SL 53 TRG 78

BUY ABB

Cash Intraday: BUY ABB@1391-1393 SL 1377.5 TRG 1425

BUY NSECALL BANKNIFTY AUG

BUY NSECALL BANKNIFTY AUG 19500 @ 155-160 SL 140 TRG 195

BUY STAR

Cash Intraday: BUY STAR @ 1333-1338 SL 1322 TRG 1375

Business Line

Economic Times

Business Standard
Ø  Fin ministry to seek cabinet nod for monetary policy panel

Ø  Govt working on new coal scheme to aid sick discoms

Ø  Sebi seeks to step up scrutiny of  managers: Sources

Ø  China has spent $147 bn to prop up stocks: Goldman

Ø  Govt approves proposal to divest NTPC, NHPC stake

Ø  Govt to set up special notified zone for diamond trade

Ø  Crisil downgrades Vedanta by one notch to 'AA'

Ø  Commerce Ministry allows bulk export of rice bran oil

Ø  Private players cry foul over 'unfair' project allotment to BHEL

Ø  EPFO makes stock market debut through SBI MF

Ø  Reserving mines for OMC to hurt mineral development: Experts

Ø  Airtel launches 4G services nationally ahead of Jio

Ø  ADAG, Maharashtra govt set for a showdown over Mumbai Metro

Ø  Odisha govt to engage SBI Caps, MSTC for mine auctions

Ø  Srei Infra plans to scale up acquisition of stressed infra projects

Business Line

Mint
Ø  NSE lists SBI MF’s Nifty ETF for trade

Ø  Mozambique eager to build cooperation in agriculture, infrastructure

Ø  Lok Sabha passes Negotiable Instruments (amendment) Bill

Ø  RBS raises $3.1 billion through issue of contingent convertible bonds

Ø  Another blow for Adani in Australia as bank ends adviser role

Ø  Motherson Sumi net profit jumps 62%

Ø  Aviva Investors opposes Vedanta takeover bid for Cairn India

Ø  Oil trades close to multi-month lows, Brent below $50

Ø  US Fed rate hike in sight, but bond markets are quiet

Ø  Dr. Reddy’s plans more R&D alliances with foreign firms

Ø  Jharkhand govt stalls Tata Steel’s iron ore disptaches from Noamundi mine

Ø  Practo raises $90 million from China’s Tencent, others

Financial Express

Financial Chronicle
Ø  Nomura pegs GDP growth at 8% in FY16; Sensex at 33,500 by December

Ø  India defers FTA talks after EU bans 700 pharma products of GVK Bio

Ø  FIIs trim stake in 41 Nifty stocks

Ø  Jet Airways chairman pitches for reducing aviation fuel prices

Ø  SRF Records 22% Jump in Consolidated PAT at Rs.113 Crore

Ø  Rolta bags $15 mn smartcity project in Middle East

Ø  Govt mulls surplus sugar export via barter trade

Ø  Aviva to hike stake to 49 pc in Indian insurance JV

Ø  Govt capital infusion in PSBs credit positive: Moody's

Ø  IRDAI to announce bancassurance norms in three weeks

Ø  Bajaj Electricals net rises over three-fold at Rs 20.34 crore

Ø  Tata Global Beverages reports lower profit

Market Update

Market Update:
Sgx Nifty -35 pts
Dow -120.72 pts ,Nsdq -83.50 pts , S&P -16.23 pts ,Bovespa -275 pts, Ftse -5 pts , Dax -51 pts, Cac -4 pts, Nikkei  -35 pts , now, Crude @ $47.79/brl (+0.13), Brent @ $49.63 (+0.11) , Gold @ $1088.60 (-1.50), Silver @ $14.61 (-0.07), Euro @ $1.0930, JPY @ $124.7100, INR @ $63.7650

Topay's Key Result 7th Aug

Topay's Key Result
7th Aug

Bhel(Cog Est Net 194cr -78% Qoq Res Time-During Mkt)
Grasim(Cog Cons Est Net 488cr -4% Qoq Res Time-After Mkt)
M&M(Cog Est Net 745cr -16% Yoy Res Time-During Mkt)
Tata Motors(Cog Cons Est Net 3650cr -32% Yoy Res Time-After Mkt)
Allsec Tech,Amforge Inds, Apar Inds,Aptech,Corp Bank, Cox&King,Dalmia Sug,D-link,Eih Asso,Finolex Inds, Future Retail,Gateway Dist, Gspl,Gulf Oil,Jindal Stainless,MT Educare, Nagar Agri,Neyvile Lig, Ramkrishna Forge, Ratnamani Metal,Repco Home,Rubfila Int,REC, Shilpa Medi,Sunil Hitech, Take Sol,Ttk Health,Uttam Value Steel, Xchanging Sol,Zee Media

BUY APOLLOHOSP

BTST: BUY APOLLOHOSP @ 1433-1438 SL 1417 TRG 1474

BUY UNIONBANK

BTST: BUY UNIONBANK @ 207.55-209.55 SL 204 TRG 218

BUY NSEPUT NIFTY AUG 8500

BUY NSEPUT NIFTY AUG 8500 @ 78-80 SL 72 TRG 105

Indian Adr/Gdr

Indian Adr/Gdr

Infy:+2.66%,     Wit:+3.43%
Ttm:+1.25%,    Rdy:+2.54%
Hdb:+0.19%,     Ibn: -0.29%
SBID:  0.00%,   RIGD:-0.40%
 

Key Result 6th Aug

Topay's Key Result
6th Aug

Aarti Inds,Arvind,Bajaj Elect,Banco,,Bombay Dying,Claris Life,Control Print, Cummins Ind,Deepak Spin, Escorts,Fortis Health, Gareware Poly,Jp Power,Mang Chem, Motherson Sumi, Omaxe, Ofss,Pbm Poly, Piramal Ent,Praj Inds, Srf Ltd, Sundaram Brake, Talwarkar's,Tata Global,Trent, Tulip Star

Market Update

Market Update:
Sgx Nifty +5 pts
Dow -10.22 pts ,Nsdq +34.40 pts , S&P +6.52 pts ,Bovespa +228 pts, Ftse +65 pts , Dax +180 pts, Cac +84 pts, Nikkei  +164 pts , now, Crude @ $45.22/brl (+0.07), Brent @ $49.74 (+0.15) , Gold @ $1083.90 (-1.70), Silver @ $14.56 (+0.01), Euro @ $1.0915, JPY @ $124.8200, INR @ $63.7550