Morning Report Equity

Download as pdf or txt
Download as pdf or txt
You are on page 1of 4

Associate of DOHA BANK

DOHA BROKERAGE
WWW.dbfsindia.com MORNING REPORT 23 Mar 2020

Nifty: 8,745.45;+482.00(+5.83%) Sensex : 29,915.96;+1627.73(5.75%)


+ 104.37 (0.41%)
Wall Street retreated on Friday after New York ordered
Global Indices
residents to,268.95
stay home, rattling investors who had welcomed
this week’s fiscal and monetary measures to counter the
US Markets Close Change
coronavirus shock and help revive the safe-haven appeal of
bonds and gold.Dow Jones Industrial Average fell 913.21
points, or 4.55%, to 19,173.98. The S&P 500 lost 104.47
points, or 4.34%, to 2,304.92 and the Nasdaq Composite NASDAQ 6,879.52 -3.79%
dropped 271.06 points, or 3.79%, to 6,879.52.Asian shares
slid on Monday
ss as more countries all but shut down in the fight
against the coronavirus, threatening to overwhelm DOW 19,173.98 -4.55%
policymakers’ frantic efforts to cushion what is clear to be a
deep global recession.MSCI’s broadest index of Asia-Pacific
shares outside Japan lost 2%, with South Korea badly hit. Asian Markets
Japan’s Nikkei added 0.8%, perhaps aided by expectations of
more asset buying by the Bank of Japan, but the commodity-
heavy Australian market shed 5%.Trends on SGX Nifty indicate NIKKIE 16,855.10 1.83%
a negative opening for the index in India with a 1,038 points
loss. The Nifty futures were trading at 7,738 on the HANG SENG 22,022.73 -3.70%
Singaporean Exchange around 07:30 hours IST.

KOSPI 1,507.59
-3.74%

EUROPE

17,169.64
DAX 8,928.95 3.70%

FTSE 5,190.78
0.76%

Currency Derivatives

Pivot R1 R2 S1 S2 Currency DEC- FUT LTP RBI


Price Ref -Rate
Nifty
8602 9026 9307 8321 7897 USD/INR 75.21
Bank
Nifty 20169 21073 21829 19414 18510 GBP/INR 88.56
Sensex EUR/INR 80.62
29422 30912 31908 28426 26937
JPY/INR 68.34
Market Volume

Derivative Statistics Market Volume (in Rs Crore)

Turnover(Cr) NSE &BSE(Total


value)(Rs.
Crore)
INDEX 56,708.35 -3345.95 NSE CASH 57,639.87
FII
FUTURES
INDEX 5,15,948.18 2431.24 NSE F&O 677,811.46
DII
OPTIONS
STOCK 67,294.84 Put Call Ratio
FUTURES 0.49
STOCK 37,860.09
OPTIONS

Major news

 The equity markets continued to bleed profusely in the week ended March 20 as coronavirus fears roiled
investor sentiment worldwide. The carnage was doused, albeit slightly, by the relief rally on Friday, but the
overall mood still remains sombre despite stimulus packages from various central banks across the
world.The BSE Sensex and Nifty cracked more than 12 percent, the biggest weekly loss since October 2008,
the height of the global financial crisis.

 Commodity
Oil prices Price
fell more than $1 $a barrel %
at Change
the start of the trading session on Sunday, as more governments
ordered lockdowns to curb the spread of the global coronavirus pandemic that has slashed the demand
outlook CRUDE
for crude.Brent92.110 -0.01
crude futures fell $1.84, or 6.8%, to $25.14 a barrel by 2215 GMT. West Texas
Intermediate (WTI) crude futures fell $1.26, or 5.6%, to $21.37 a barrel.
GOLD 1752.00 -0.06
 There are 9 stocks under the F&O ban for March 23. Securities in the ban period under the F&O segment
include SILVER
companies in which the security +0.08
33.260 has crossed 95 percent of the market-wide position limit.YES Bank,
Adani Enterprises, Indiabulls Housing Finance, Vodafone Idea, Jindal Steel & Power, Just Dial, NCC, Punjab
National Bank and PVR are present in the list.

 Foreign institutional investors (FIIs) sold shares worth Rs 3,345.95 crore, while domestic institutional
investors (DIIs) bought shares of worth Rs 2,431.24 crore in the Indian equity market on March 20,
provisional data available on the NSE showed.

 The mutual fund industry will continue to function, even though the Maharashtra government announced a
complete lockdown on private offices till March 31 in the wake of the fast-spreading novel coronavirus. A
fund official said, “Since stock exchanges will continue to function as normal so all SEBI-registered
companies such as mutual funds will remain open. So, financial services have been exempted from this
rule.”
Anita
 To mitigate the impact of coronavirus outbreak on the economy, India Inc has sought a host of measures,
including a year-long moratorium by banks on debt repayment, tax cuts and fiscal stimulus amounting to Rs
2 lakh crore to needy citizens through Aadhaar-based direct benefit transfer. India has already been facing
growth deceleration, with GDP growth falling to 4.7 percent in the third quarter of FY2020. The impact of
COVID-19 is likely to drag it down further in the fourth quarter.

 To ensure the soundness of the Indian stock market in the wake of coronavirus outbreak, the National Stock
Exchange of India (NSE) on March 21 temporarily allowed dealers and employees of brokers to log into
trading systems from remote locations to carry out day-to-day activities.The exchange added that the
arrangement will be permitted till April 30 or longer if the situation calls for it. This is the first time stock
brokers have been allowed to access the market from their homes.
RESISTANCE LEVEL SUPPORT LEVEL

R1 R2 R3 PIVOT S1 S2 S3

INFRATEL 164 177 198 144 131 111 98


ONGC 77 81 88 70 65 58 53
GAIL 85 90 97 78 73 66 61
HINDUNILVR 2153 2230 2382 2001 1924 1772 1695
ULTRACEMCO 3765 3969 4282 3453 3249 2936 2732
RELIANCE 1065 1103 1170 998 960 893 855
GRASIM 576 609 653 532 500 455 423
HDFC 1857 1938 2099 1696 1616 1455 1374
DRREDDY 3006 3131 3314 2823 2698 2515 2390
WIPRO 188 199 212 175 165 152 142
VEDL 79 82 87 75 72 67 64
TCS 1899 2005 2141 1763 1657 1521 1415
ITC 180 184 192 173 169 161 157
TATASTEEL 309 323 340 292 278 261 248
JSWSTEEL 183 188 197 174 169 159 154
ASIANPAINT 1806 1875 1993 1688 1619 1502 1433
BAJAJFINSV 6521 6803 7213 6111 5829 5419 5137
HCLTECH 467 490 517 440 417 389 367
NESTLEIND 14639 15177 15922 13894 13356 12611 12073
BAJFINANCE 3122 3294 3544 2872 2700 2450 2277
BPCL 330 339 355 315 306 290 282
COALINDIA 138 143 151 130 125 117 112
TECHM 600 633 670 563 530 492 459
TATAMOTORS 81 84 88 77 74 70 67
INFY 616 652 686 582 547 513 477
SHREECEM 19702 20524 21862 18364 17542 16205 15383
HEROMOTOCO 1887 1952 2058 1781 1716 1610 1545
BRITANNIA 2540 2624 2746 2417 2333 2210 2126
HINDALCO 109 113 118 104 100 95 91
MARUTI 5275 5456 5688 5044 4863 4631 4450
POWERGRID 162 169 175 155 148 141 134
EICHERMOT 16344 16938 17877 15405 14811 13872 13277
KOTAKBANK 1318 1369 1455 1232 1181 1095 1044
BHARTIARTL 477 492 512 457 442 421 406
IOC 93 96 98 91 88 86 84
NTPC 83 86 89 80 77 74 71
BAJAJ-AUTO 2300 2372 2445 2227 2155 2082 2010
CIPLA 399 413 427 386 372 358 344
SBIN 216 224 232 208 201 192 185
M&M 330 339 350 319 310 299 290
ZEEL 153 162 170 145 136 127 119
ICICIBANK 362 379 399 342 325 306 288
UPL 318 336 352 303 284 269 251
LT 876 900 923 854 830 807 783
SUNPHARMA 374 386 392 368 357 351 340
TITAN 937 970 1005 902 869 834 801
AXISBANK 445 465 481 430 410 394 374
INDUSINDBK 478 515 551 441 404 368 330
ADANIPORTS 264 273 281 256 247 238 229
HDFCBANK 922 964 1012 873 832 783 742

DOHA BROKERAGE & FINANCIAL SERVICES LIMITED


Chammany Chambers, K.K Road,Kaloor, Kochi-682 017 Kerala
SEBI Regn. No. PMS:INP000003302 GHF

Disclaimer: This report is only for the information of our customers. Recommendations, opinions or suggestions are given
with the understanding that readers acting on this information assume all risks involved. The information provided herein is
not to be constructed as an offer to buy or sell securities of any kind. DBFSL and/or its group companies do not assume any
responsibility or liability resulting from the use of such information.

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy