Morning Notes
21st Aug, 2019

Trading Range:

Nifty opened gap up at 11064 on Tuesday and made a high and low of 11076 and 10985 respectively before closing negative at 11017.


For the day, support for Nifty exists at 10940 and 10880 levels whereas resistance for Nifty stands at 11070 and 11140 levels.


Bank Nifty opened gap down at 28164, made a high of 28215, low of 27840, and closed negative at 27982. For the day, support for Bank Nifty exists at 27800 and 27600 levels whereas resistance for Bank Nifty stands at 28200 and 28400 levels.

Market Scan
Benchmark Indices
Index Clsg Chg%
Sensex 37,328 -0.20
Nifty 11,017 -0.33
BSE 200 4,593 -0.40
BSE Midcap 13,437 -0.60
BSE Smallcap 12,570 -0.62
Dow Jones 25,962 -0.66
NASDAQ 7,949 -0.68


NIFTY 11017.00 (-36.90) (-0.33%)
NIFTY AUG FUTURE 11028.10 (11.10 Points Premium)
NIFTY PCR - OI 1.12(-0.05)
NIFTY OPEN INTEREST 2.17Cr. (+2.47%)
INDIA VIX 16.46 (-1.74%)


CALL 11000 CE +1.27 lac Shares
CALL 11100 CE +2.08 lac Shares
PUT 11000 PE +0.52 lac Shares
PUT 10900 PE +0.71 lac Shares
Sectoral Indices (BSE)
Index Clsg Chg%
Auto 15,841 +1.18
Bankex 31,654 -0.75
PSU 6,398 -1.32
Healthcare 12,528 -0.14
IT 15,748 +1.34
Market Turn Over (`cr)
Index 20/08 19/08
BSE Cash 2,307 1,825
NSE Cash 29,067 25,422
NSE F&O 1,069,260 873,915
BSE Delivery % 40.03 44.60
Advances / Decines BSE Cash
Adv(%) Dec(%)
BSE 100 31.68 67.33
BSE 200 28.86 70.65
BSE 500 30.74 68.66
Total BSE 33.88 61.05
Commodities, Forex & Debt
Clsg Chg%
Crude Oil NYMEX $ bl 56.34 +0.23
Gold Rs./ 10 Gms 38004.00 +0.48
Silver Rs./ Kg 43941.00 +1.18
Rs.- US $ 71.53 -0.54
Rs.- Euro 79.37 -0.44
FII (Rs cr )
20/08* 19/08*
FIIs -265.04 +1318.46
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       52,093.00       3,635.43       43,649.00       3,131.64    2,93,211.00     23,027.26   503.79
Index Options  31,94,325.00  2,06,892.50  31,91,367.00  2,06,634.36    7,72,550.00     58,797.71   258.14
Stock Futures    2,14,995.00     11,811.19    2,29,563.00     12,373.16  15,86,388.00     91,426.52  (561.97)
Stock Options       98,582.00       5,433.22       97,741.00       5,402.67    1,00,967.00       5,535.56     30.55
Total  35,59,995.00  2,27,772.34  35,62,320.00  2,27,541.83  27,53,116.00  1,78,787.05   230.51
Corporate News
The new CEO at Fortis Healthcare Ltd, Ashutosh Raghuvanshi, plans to cut a fifth of costs to resuscitate India’s second-largest hospital chain after a regulator found it was defrauded of tens of millions of dollars by its former owners. (BL).
The National Company Law Tribunal (NCLT) on Tuesday admitted an application filed by Bank of India to initiate insolvency proceedings against debt-ridden realty firm HDIL. (ET).
Tata Consultancy Services on Tuesday reclaimed the status as the country’s most-valued company by market valuation replacing Reliance Industries Ltd. (BL).
BG Asia Pacific Holdings (BGAPH), a wholly-owned subsidiary of Shell, has exited Mahanagar Gas. BG Asia Pacific Holdings is part of the promoter group. GAIL (India) has 3.21 crore shares, or 30.77 per cent, stake in Mahanagar Gas. In 2016, Shell took over BG Group Plc, and subsequently acquired its assets worldwide. (ET).
The Rs.12,000-crore Emami Agrotech, part of the diversified Emami Group, is investing Rs.700 crore as cap-ex over the next 12 months. The cap-ex will go towards a Rs.500-crore greenfield plant at Kandla in Gujarat, which is expected to be operational in another 12-odd months. The remaining Rs.200 crore will go towards brownfield expansion at Haldia in West Bengal. (ET).
In a setback to NMDC, the Karnataka government has cancelled its lease for the Donimalai iron ore mine. (BL).
Pharma major Dr. Reddy’s Laboratories Ltd has launched Vigabatrin Powder for Oral Solution in the US market. It is a therapeutic equivalent generic version of Sabril (vigabatrin) Powder for Oral Solution approved by the US Food and Drug Administration (USFDA). (BS).
Maruti Suzuki India (MSIL), on Tuesday announced a comprehensive five-year, 1-lakh km warranty for the diesel variants of Dzire, S-Cross, Swift and Vitara Brezza at its countrywide dealerships across 1,893 towns and cities. (ET).
Economy and Sector News
Hyundai Motor India Ltd (HMIL), the country’s Smart Mobility Solutions Company and the largest exporter on Tuesday launched the all-new Grand i10 Nios priced between Rs.5 lakh and Rs.8 lakh (ex-showroom, across India). (BL).
Armed with a fresh capital infusion, India Grid Trust (IndiGrid), an infrastructure investment trust is looking to buy power transmission assets worth around Rs 8,000 crore in 10 states. (ET).
The Coal Ministry is hopeful of domestic production from auctioned mines to reach pre-cancellation levels when the current financial year comes to an end. The Supreme Court had cancelled allocations of 208 coal blocks in August 2014. This included 42 coal producing mines. (BL).
India recorded 39 Merger & Acquisition (M&A) deals worth $4.3 billion in July, an 2.3 times increase in deal value, but 13 per cent short in deal volume, compared with June 2019. However, compared with July 2018, the reporting period recorded a declining trend both in value and volume terms, according to a Grant Thornton report. (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 closed lower on Tuesday as market participants were focussed on the state of US-China relations and the outlook for monetary policy. The Dow Jones Index closed at 25,962, down 173.35 points by 0.66%. The Standard & Poors 500 index closed at 2,901, down 23.14 points by 0.79%. The Nasdaq Composite Index closed at 7,949, down 54.25 points by 0.68%.

FTSE 100

UK markets finished on Tuesday as sterling snapped higher after the German Chancellor said that the European Union would have to think about "practical solutions" for the Irish Backstop question. The FTSE 100 index closed at 7,125, down 64.65 points by 0.90%.

Global Indices
20/08/2019 Clsg Chg%
Dow Jones 25,962 -0.66
NASDAQ 7,949 -0.68
FTSE 100 7,125 -0.90
Bovespa 99,222 -0.25
21/08/2019 Latest
(7:40AM IST)
Nikkei 20,581 -0.46
Hang Seng 26,232 +0.01


Asian shares fell on Wednesday as fresh worries about a global recession led investors to dump risky assets, with U.S. President Donald Trump showing no signs of backing down in his trade war with China. Nikkei is currently trading at 20,581, down 95.90 points by 0.46%.

Precious Metals

Spot gold was a shade weaker at $1,506.14 an ounce on Wednesday.

Base Metals

The three-month nickel price on the London Metal Exchange continued to fall on Tuesday August 20, ending the day down by 0.3% at the afternoon kerb to $15,860 per tonne, compared with Monday’s close at $15,920 per tonne.

Crude Oil

Prices for Brent oil rose above $60 a barrel for the first time in over a week on Wednesday amid data that showed a larger-than-expected drawdown in U.S. crude inventories, but ongoing worries about a global economic recession capped gains.


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