Morning Note

29 AUG 2013

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DATA MATRIX OF LAST SESSION

INDEX Sensex Nifty Midcap Smallcap Close 17996 5285 5224 5145 %Chg 0.16 -0.04 -1.02 -1.06

FIRST LIGHT HEADINGS

VALUE TRADED (Rs Crs)

BSE NSE F& O Total Total Volume 2621 15453 361777 379851

%Chg
26.92 27.94 23.33 23.53

MARKET INSIGHT
On Tuesday 27 Aug 2013, Sentiment took a hit for the worse after Indian currency continuing its

NET INFLOWS (Rs Crs)

FIIs DIIs (1120.4) 506.8

%Chg
-18.46 5.47

FII OPEN INTEREST (Crs)

FII Index Futures FII Index Options FII Stock Futures FII Stock Options 18807.61 64935.43 29667.21 3405.27

%Chg
4.95 4.13 4.35 2.22

inexorable slide for third successive session, hit historic lows of 68/$ on growing concerns over potential increase in government's subsidy burden following the passage of the food security bill and, uncertainty over a possible US led military strike against Syria, which pressured the equity markets across the globe. While, much of the profit-booking was witnessed in Consumer Durables, Public Sector Undertaking and Banking counters, traders found some value in stocks belonging to Information Technology and Metal. On the global front, Jitters over a possible USled military strike against the Syrian government knocked Asian equities to a seven-week low on Wednesday and pushed oil prices and safe-haven gold to multi-month highs. Meanwhile, European shares following suit, too were trading lower on Wednesday. The market breadth on the BSE remained negative; advances and declining stocks were in a ratio of 849: 1362, while 126 scrips remained unchanged. and a low of 18101.84 and 17448.71 respectively. Among the 30-share Sensex pack, 16 stocks gained, while 14 stocks declined. The BSE Mid cap index ended lower by 1.10% and Small cap index ended higher by 1.04%. On the BSE Sectoral front, IT up by 2.71%, Teck up by 1.71%, Health Care up by 1.52%, Metal up by 1.50% and Power up by 0.11% were the top gainers, while Consumer Durables down by 3.05%, PSU down by 2.37%, Bankex down by 1.91%, Realty down by 1.73% and Oil & Gas down by 1.46% were the top losers. (Provisional) 32.38 from its previous close of 29.42 on Tuesday. The CNX Nifty lost 15.00 points or 0.28% to settle at 5,272.45. The index touched high and low of 5,317.70 and 5,118.85 respectively. 24 stocks advanced against 26 declining on the index. (Provisional) concluded Wednesday's trade in red, as jitters over a possible US-led military strike against the Syrian government continued knocking Asian equities to a seven-week low and pushed oil prices and safe-haven gold to multi-month highs. An acute risk-off mode also boosted the appeal of the Japanese yen, which held near a one-week high against the dollar and euro after having posted its biggest rally in more than two months. Indonesian shares tumbled to a 14-month trough before concluding the trade in green, while Philippine stocks sank hitting more than eightmonth low and Thai equities dropped to near one-year low..

World Indices
Dow Jones Nasdaq FTSE 100 14825 3593 6430

%Chg
0.33 0.39 -0.17

Commodity
Crude (US$/bl)

%Chg
1410.4 109.5 1164.93 -92.28

Gold (US$/oz) Top 5 Movers RANBAXY CAIRN JPASSOCIAT TATAPOWER HCLTECH

Close Price
415.15 324.9 33.8 77.25 981.95

%Chg
9.94 5.23 4 3.76 3.61

Top 5 Loser
BPCL PNB ULTRACEMCO ONGC AXISBANK

Close Price
266.5 430.8 1,459.00 245 831

%Chg
-8.14 -6.14 -5.91 -5.51 -5.32

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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
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MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

QUANTITATIVE ANALYSIS: Indian equity markets changed gears in the dying hours of trade to end a flat, underscoring the cautious undertone of markets on penultimate session of F&O expiry. After trading lower for most part of the day and then giving an impression of positive close, benchmark equity indices ended just below the neutral line, as market-participants lacking conviction in the fundamentals of markets, preferred booking profits ahead of F&O expiry. Rupee's slide to historic lows and global uncertainty kept investors wary of investing into risky asset class such as equities, which undertaking a safer approach bought safe haven instruments, viz bonds and gold. Additionally, challenging global environment also added to investors' woes. Nevertheless, the markets recovered significant from day's low on account of short-covering and bargain-buying activities. By the end of trade, Sensex and Nifty, ended above the 17,950 and 5250 psychological levels respectively. . For the upcoming sessions we believe spot index may continue its range bound scenario however sentiments remain sluggish and we might see 5030-4960 in a short span of time. On the flip side any rebound from current levels could find some strong

resistance around 5530-5555. Happy trading...........

Index
SENSEX NIFTY BANK NIFTY

Support 2
17212 5177 8448

Support 1
17402 5232 8604

Previous Close
17996 5285 8740

Resistance 1
18205 5355 9098

Resistance 2
18490 5402 9344

Trend
Rangebound Rangebound Rangebound

Please refer to important disclosures at the end of this report

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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
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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

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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