23RD FEB 2016

Husains

MARKET WRAP
The market ended higher with the Sensex at 23788.79, up 79.64 points or 0.3
percent. The Nifty was up 23.80 points or 0.3 percent at 7234.55. About 1388
shares have advanced, 1163 shares declined, and 150 shares are unchanged.
HUL, Sun Pharma, Reliance, Lupin and Cipla were top gainers while NTPC, ITC,
Maruti, Adani Ports and Wipro are top losers in the Sensex.

BROAD MARKET INDICES

INDEX

P. CLOSE

OPEN

HIGH

LOW

CLOSE

%CHANGE

NIFTY 50

7,210.75

7,208.85

7,252.40

7,200.70

7,235.95

0.35%

NIFTY NEXT 50

17,334.75

17,416.15

17,455.95

17,332.15

17,440.45

0.61%

NIFTY100 LIQ15

2,697.50

2,704.20

2,714.85

2,682.50

2,694.80

-0.10%

NIFTY MIDCAP 50

2,807.10

2,820.60

2,833.35

2,807.95

2,819.30

0.43%

Contact No. +91-903-977-7700

www.moneyclassicresearch.com

ASIAN INDEXES
INDEX

OPEN

HIGH

LOW

CLOSE

%CHANGE

NIKKEI 225

15,851.39

16,187.40

15,816.53

16,111.05

0.90%

HANG SENG

19,374.24

19,524.97

19,374.24

19,464.09

0.93%

TAIWAN

8,315.79

8,396.62

8,296.18

8,326.68

0.02%

SSE

2,888.60

2,933.96

2,880.35

2,927.73

2.37%

INDIAN MAJOR SECTORAL INDICES

INDEX

P. CLOSE

OPEN

HIGH

LOW

NIFTY BANK

14,344.20

14,331.20

14,467.15

14,322.65

14,374.25

0.21%

NIFTY FIN SERVICE

5,954.20

5,938.75

5,986.90

5,936.95

5,959.80

0.09%

NIFTY PHARMA

11,341.65

11,412.35

11,505.05

11,378.90

11,474.35

1.26%

NIFTY IT

10,768.90

10,778.80

10,778.80

10,691.35

10,728.25

-0.38%

Contact No. +91-903-977-7700

CURRENT %CHANGE

www.moneyclassicresearch.com

STOCK UPDATE
Maruti falls 2% on Haryana shutdown; 5000
units per day hit
Shares of Maruti Suzuki India fell over 2 percent intraday on Monday. The auto
manufacturer is reeling under Jat reservation agitation in Haryana. "Due to agitation
in Rohtak, supplies of certain components have been disrupted. The company
has temporarily suspended manufacturing cars at Manesar and Gurgaon starting
February 20," it said in a statement to BSE.
It also said that Maruti is making efforts to arrange components from other sources.
Once the supply of components is restored, nomral operations will resume. Maruti
manufactures 5000 vehicles per day in Manesar and Gurgaon. This may spell more
trouble for Maruti as its sales performance in January was not impressive at all.

Contact No. +91-903-977-7700

www.moneyclassicresearch.com

STOCK UPDATE
IDBI Bank up 3%; to raise Rs 1500cr via
preferential issue
Shares of IDBI Bank gained nearly 3 percent intraday Monday as it is going to raise
Rs 1500 crore via preferential issue of capital.
The company at its meeting held on February 20, 2016 approved the proposal for
preferential issue to Life Insurance Corporation of India aggregating upto Rs 1500
crore which is subject to Government of India's approval. Earlier in this month, the
company had approved issuance of Basel III compliant Additional Tier 1 (AT 1) bonds
in offshore markets upto USD 500 million to enhance Tier 1 capital of the Bank.
At 09:26 hrs IDBI Bank was quoting at Rs 55.80, up Rs 0.95, or 1.73 percent on the
BSE.

Contact No. +91-903-977-7700

www.moneyclassicresearch.com

RECOMMENDED
CASTROLIND :-

CASH CALL BUY CASHTROLIND AROUND 398-400 TGT 403/407/410 SL 393.

CASTROLIND IS MAKING THE SYMMETRICAL TRIANGLE IN THE INDRADAY CHART AND
INDICATORS LIKE RSI SHOWING A GOOD BUY SIGNAL IN THE DAILY CHART SO RECOMMEND
YOU TO BUY CASTROLIND AROUND 398-400 WITH THE ULTIMATE TARGET 410.

Contact No. +91-903-977-7700

www.moneyclassicresearch.com

RECOMMENDED
ONGC:-

CASH CALL BUY ONGC AT 211 TGT 213/215/217 SL 207.

IN THE ONGC CHART 210 IS A GOOD SUPPORT LEVEL AND INDICATOR LIKE RSI ,PSAR IS ALSO
SHOWING A GOOD BUY SIGNAL IN DAILY CHART SO WE RECOMMEND YOU TO BUY ONGC AT
211 WITH TARGETS OF 213/215/217 ,

Contact No. +91-903-977-7700

www.moneyclassicresearch.com