Morning Notes
19th Nov, 2019
 

Trading Range:

Nifty opened gap up at 11915 on Monday and made a high and low of 11946 and 11868 respectively before closing flat at 11885.

Review/Outlook:

For the day, support for Nifty exists at 11840 and 11790 levels whereas resistance for Nifty stands at 11950 and 12020 levels.

Review/Outlook:

Bank Nifty opened gap up at 31037, made a high of 31204, low of 30902, and closed flat at 30992. For the day, support for Bank Nifty exists at 30800 and 30500 levels whereas resistance for Bank Nifty stands at 31300 and 31500 levels.

Market Scan
Benchmark Indices
Index Clsg Chg%
Sensex 40,284 -0.18
Nifty 11,885 -0.09
BSE 200 4,974 +0.01
BSE Midcap 14,838 +0.44
BSE Smallcap 13,363 +0.27
Dow Jones 28,036 +0.11
NASDAQ 8,549 +0.11
 

DERIVATIVES INDICATORS FOR NOV 19, 2019:

NIFTY 11884.50 (-10.95) (-0.09%)
NIFTY NOV FUTURE 11920.90 (36.40 Points Premium)
NIFTY PCR - OI 1.32(-0.07)
NIFTY OPEN INTEREST 1.65Cr. (+0.20%)
INDIA VIX 15.75 (+4.82%)
NIFTY ROLLOVER 6%

NIFTY OPTIONS ACTIVITY (28-NOV SERIES)

CALL 12000 CE +1.64 lac Shares
CALL 11900 CE +1.34 lac Shares
PUT 11800 PE +1.31 lac Shares
PUT 11900 PE +1.23 lac Shares
Sectoral Indices (BSE)
Index Clsg Chg%
Auto 18,175 -0.55
Bankex 35,158 +0.04
PSU 6,967 +0.69
Healthcare 13,160 +1.21
IT 15,211 -0.28
 
Market Turn Over (`cr)
Index 18/11 15/11
BSE Cash 2,448 2,542
NSE Cash 33,619 39,175
NSE F&O 753,248 862,939
BSE Delivery % 43.74 41.03
Advances / Decines BSE Cash
Adv(%) Dec(%)
BSE 100 56.44 43.56
BSE 200 52.24 46.77
BSE 500 49.90 48.90
Total BSE 42.19 50.42
 
Commodities, Forex & Debt
Clsg Chg%
Crude Oil NYMEX $ bl 57.05 -1.16
Gold Rs./ 10 Gms 38229.00 +0.62
Silver Rs./ Kg 44685.00 +0.54
Rs.- US $ 71.94 +0.43
Rs.- Euro 79.66 +0.62
FII (Rs cr )
18/11* 15/11*
FIIs -1166.87 -431.03
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
Contracts
Value
(Rs. Cr)
No. of
Contracts
Value
(Rs. Cr)
No. of
Contracts
Value
(Rs. Cr)
Value
(Rs. Cr)
Index Futures       25,905.00       1,966.13       30,730.00       2,265.06    2,14,873.00     17,811.82  (298.93)
Index Options  21,62,684.00  1,51,563.79  21,57,978.00  1,51,150.34    6,53,364.00     54,062.54   413.45
Stock Futures    1,85,028.00     10,253.84    1,83,299.00     10,377.43  15,69,560.00     92,174.67  (123.59)
Stock Options       74,790.00       4,481.22       75,360.00       4,530.64       93,383.00       5,339.34    (49.42)
Total  24,48,407.00  1,68,264.98  24,47,367.00  1,68,323.47  25,31,180.00  1,69,388.37    (58.49)
Corporate News
HeidelbergCement Group on Monday announced that it is looking for acquisitions, taking up some brownfield expansions and giving a stronger push for ‘Zuari’ brand in the South. (BL).
Mahindra & Mahindra and Ford India have kicked off the process of forming ‘matched pairs’ to leverage common competencies. (ET).
Tata Motors on Monday announced a partnership with Lithium Urban Technology, a commercial electric vehicle (EV) fleet provider, bagging an order to supply 500 EVs to Lithium Urban Technologies. Tata Motors and Lithium signed a contract for 400 newly-launched Tigor Sedan EV, with an extended range of 213 km, to be supplied by FY20 and deployed across India, Tata Motors said in a release. (BL).
Budget carrier GoAir said on Monday it has inked a pact with Dubai-based Emirates National Oil Company (ENOC) for the supply of jet fuel to the carrier. GoAir currently operates to eight international destinations and half of them fall in the Gulf region. (ET).
Tata Steel will be in focus as the co has outline the proposal to transform and build strong European business.The programme is focused on four areas:1) Increasing sales of higher-value steels by improving product mix and customer focus2) Efficiency gains by optimising production processes, supported by the application of big data and advanced analytics3) Lowering employment costs4) Reduction of procurement costs. (BQ).
Telecom stocks will be in focus as Bharti Airtel and Vodafone Idea announced plans to increase tariffs from next month, days after the Supreme Court ordered India’s struggling telecom operators to pay pending dues worth thousands of crores. (BQ).
Maruti Suzuki launched BS-VI compliant Wagon R variant for petrol. The Co Raising Prices Of All Variants Of Wagonr 1.0 Litre (Petrol) Car. (BQ).
ICICI Bank plans ₹20,000 cr capital boost via QIP. (Mint).
Economy and Sector News
In further strengthening its position in India’s pharma and healthcare space, global private equity investor, Advent International on Monday announced picking up majority stake in Bharat Serums and Vaccines Limited (BSV). Advent informed that it has entered into a definitive agreement to acquire a majority stake in BSV- a biopharmaceutical leader in women’s healthcare and assisted reproductive treatment. (BL).
Global trade in goods is expected to be below trend in the fourth quarter of 2019 due to increase in trade tensions and tariffs in key sectors but there is a slight improvement since August this year, according to the latest projections by the World Trade Organisation’s Goods Trade Barometer. The indicator’s reading of 96.6 marks a slight improvement compared to the 95.7 registered in August, but it remains well below the index’s baseline value of 100, signalling below average growth. (ET).
Japan's Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. The leak into internal circuit boards will trigger a warning to drivers, which if ignored may lead to a fire in “rare instances,” Nissan said in a filing dated November 8 with the National Highway Traffic Safety Administration (NHTSA) under recall number 18V-601. (BL).
Indicating some recovery in the aviation sector due to the tourist season, the domestic air passenger traffic this October increased by 3.98 per cent compared to the same month last year, according to data released by the DGCA on Monday. In September this year, the domestic passenger growth was just 1.18 per cent compared to the same month last year. The domestic air traffic last month consisted of 12.31 million passengers compared to 11.84 million passengers in the same month last year, a jump of 3.98 per cent, as per data. On the date for October, Directorate General of Civil Aviation (DGCA) said, the passenger load factor in the month of October 2019 has shown increasing trend compared to previous months primarily due to the onset of tourist season. (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 on Monday barely extended the previous session’s closing records as investors waited for concrete progress on U.S.-China trade relations after mixed headlines. The Dow Jones Index closed at 28,036, up 31.33 points by 0.11%. The Standard & Poors 500 index closed at 3,122, up 1.57 points by 0.05%. The Nasdaq Composite Index closed at 8,549, up 9.11 points by 0.11%.

FTSE 100

UK markets edged higher on Monday at the start of the week despite conflicting reports regarding the status of ongoing trade talks between Washington and Beijing and strength in Sterling. The FTSE 100 index closed at 7,308, up 4.76 points by 0.07%.

 
 
Global Indices
18/11/2019 Clsg Chg%
Dow Jones 28,036 +0.11
NASDAQ 8,549 +0.11
FTSE 100 7,308 +0.07
Bovespa 106,269 -0.27
19/11/2019 Latest
(4:50AM IST)
Chg%
Nikkei 23,417 +0.49
Hang Seng 26,681 +1.35

Nikkei

Asian stocks started trading early in the morning on Tuesday on a positive note as the investors will be watching the markets closely. Nikkei is currently trading at 23,417, up 113.44 points by 0.49%.

Precious Metals

Gold futures ended higher on Monday, getting a boost as Treasury yields fell and the dollar weakened — lifting investor demand for the haven metal.

Base Metals

The three-month lead price on the London Metal Exchange was lower at the close of trading on Monday November 18, with the price settling below the $2,000 per tonne support level for the first time since September, while continued inflows pushed aluminium futures lower.

Crude Oil

Oil futures settled lower on Monday, after posting back-to-back weekly gains on rising hope for a so-called phase-one U.S.-China trade deal.

 
 
 

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