Morning Notes
29th Nov, 2019

Trading Range:

Nifty opened gap up at 12132 on Thursday and made a high and low of 12159 and 12100 respectively before closing positive at 12151.


For the day, support for Nifty exists at 12100 and 12020 levels whereas resistance for Nifty stands at 12210 and 12300 levels.


Bank Nifty opened gap up at 31982, made a high of 32157, low of 31906, and closed positive at 32123. For the day, support for Bank Nifty exists at 31900 and 31700 levels whereas resistance for Bank Nifty stands at 32300 and 32500 levels.

Market Scan
Benchmark Indices
Index Clsg Chg%
Sensex 41,130 +0.27
Nifty 12,154 +0.44
BSE 200 5,081 +0.54
BSE Midcap 15,061 +0.97
BSE Smallcap 13,497 +0.45
Dow Jones - -


NIFTY 12151.15 (+50.45) (+0.42%)
NIFTY DEC FUTURE 12186.05 (34.90 Points Premium)
NIFTY PCR - OI 1.71(+0.07)
NIFTY OPEN INTEREST 1.46Cr. (-20.56%)
INDIA VIX 13.98 (-4.31%)


CALL 12200 CE +1.49 lac Shares
CALL 12300 CE +1.94 lac Shares
PUT 12100 PE +5.61 lac Shares
PUT 12000 PE +6.20  lac Shares
Sectoral Indices (BSE)
Index Clsg Chg%
Auto 18,310 -0.22
Bankex 36,437 +0.91
PSU 7,134 +1.24
Healthcare 13,676 +0.21
IT 14,985 +0.73
Market Turn Over (`cr)
Index 28/11 27/11
BSE Cash 2,794 2,207
NSE Cash 42,581 35,216
NSE F&O 2,460,451 1,208,610
BSE Delivery % 38.79 43.94
Advances / Decines BSE Cash
Adv(%) Dec(%)
BSE 100 64.36 35.64
BSE 200 64.68 35.32
BSE 500 58.40 41.20
Total BSE 47.87 44.81
Commodities, Forex & Debt
Clsg Chg%
Crude Oil NYMEX $ bl 57.93 -0.31
Gold Rs./ 10 Gms 37665.00 +0.37
Silver Rs./ Kg 44175.00 +0.31
Rs.- US $ 71.55 +0.44
Rs.- Euro 78.73 +0.41
FII (Rs cr )
28/11* 27/11*
FIIs +4515.33 +4515.33
MFs - -

*Date refers to the day of activity and not the day on which it is reported.

Details Buy Sell Open interest at the
end of the day
Net Position
No. of
(Rs. Cr)
No. of
(Rs. Cr)
No. of
(Rs. Cr)
(Rs. Cr)
Index Futures       75,824.00       6,100.93       84,080.00       6,859.64    1,47,195.00     12,729.78    (758.71)
Index Options  50,76,688.00  3,52,892.67  50,12,673.00  3,47,524.04    4,42,898.00     38,492.86  5,368.63
Stock Futures    4,66,071.00     27,816.80    4,38,082.00     26,016.79  16,07,892.00     98,110.72  1,800.01
Stock Options       34,028.00       2,072.86       31,495.00       1,933.10       14,758.00         888.97     139.76
Total  56,52,611.00  3,88,883.26  55,66,330.00  3,82,333.57  22,12,743.00  1,50,222.33  6,549.69
Corporate News
Tata Steel Europe has begun consultations with the European Works Council (EWC) on restructuring plans for its business, which would include up to 3,000 job losses - 1,000 of which will be in the UK. (BL).
Procter & Gamble (P&G) is to invest Rs 200 crore to create an environmental sustainability fund, which will collaborate with like-minded partners that offer environmentally sustainable business solutions. (ET).
The country’s largest two-wheeler maker Hero MotoCorp has set up an interim council that will oversee the sales and after-sales (SAS) function of the firm after Sanjay Bhan quit as head of the division. (BL).
Billionaire Mukesh Ambani’s Reliance Industries on Thursday denied reports of selling its news media business to Times Group. (ET).
ABB India on Thursday said that the Bengaluru Bench of the National Company Law Tribunal (NCLT) has approved the demerger of its power grids business to ABB Power Products and Systems India Ltd (APPSIL). (ET).
Steel Stocks in focus as according to Steelmint reports Indian steel mills are likely to raise prices by Rs500-1000/t Price hike across flat and long steel products for December Second straight steel price hike after a similar hike in November. (BQ).
Economy and Sector News
Driven by sluggish economic growth and slowing earnings, credit conditions will weaken for most Indian non-financial companies in 2020, Moody’s Investors Service said on Thursday. (BL).
Large companies are cutting down wage cost while start-ups want to hire executives only for a short period. Now, there is a solution for both. Flexi or temporary staffing is fast catching up in India with retail, logistics, FMCG and start-ups with the IT industry taking the lead. (ET).
Raw coal production in the country has increased from 567.77 million tons (MT) in 2013-14 to 730.35 MT in 2018-19, Union Coal and Parliamentary Affairs Minister Pralhad Joshi said in Lok Sabha. He said that India had to import 234 MT coal last year for which it lost Rs 1.7 lakh crore foreign exchange. (BL).
The highways ministry is likely to award road projects with an aggregate length of around 4,500 km worth Rs 50,000 crores, Union minister of road transport and highways Nitin Gadkari informed the Parliament on Thursday. (ET).
* ET - Economic Times, BS - Business Standard, BL - Business Line, TOI - Times of India, Mint, IE - Indian Express, BT - Business Today, IE - Indian Express
Global Markets

DJIA and NASDAQ Composite

US markets were shut on Thursday for the Thanksgiving Day holiday, and Friday will see a shortened day of trade.

FTSE 100

UK markets finished in the red on Thursday, amid renewed concerns about trade relations between the US and China, while ex-dividends were a drag. The FTSE 100 index closed at 7,416, down 13.35 points by 0.18%.

Global Indices
28/11/2019 Clsg Chg%
Dow Jones - -
FTSE 100 7,416 -0.18
Bovespa 108,290 +0.54
29/11/2019 Latest
(7:20AM IST)
Nikkei 23,418 +0.04
Hang Seng 26,615 -1.04


Asian stocks were heading on Friday morning for a mixed end to the month as a retreat in Hong Kong offset muted trading elsewhere in the region. Treasury yields edged higher. Nikkei is currently trading at 23,418, up 8.29 points by 0.04%.

Precious Metals

Gold was at $1456.11 ounce, little changed on Friday.

Base Metals

Base metals prices traded on the London Metal Exchange were little changed at the close on Thursday November 28, with low trading volumes across the board by the 5 pm kerb.

Crude Oil

West Texas intermediate crude held at $58.07 a barrel on Friday.


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