Friday, December 02, 2016

Nifty Closes at 8100 Levels, As Bears Take Control

The Indian Benchmark Nifty opened gap down by 40 points in the morning at 8170, there after the Index lost much of
its gains even as it slipped below the 8150 mark and went on to make a low of 8126 mid way through the days trade.
However, markets bounced back from its 8125 levels and went on to make a low of 8190 back by the new RBI
guidelines of the MSS Scheme. Surprisingly Nifty could not capitalize on the quick recovery after the bulls took
control for a brief while. The Index fell sharply from its intraday high and went on to make a new low of 8092 and
closed at 8109. Bank Nifty opened gap down by 100 points at 18329 and went on to make a low of 18164, as it closed
at 18247. NSE Small Cap opened at 5802 and closed at 5743. The top losers of the day were maruti, tata motors, asian
paint, adani ports and zee ltd.

Top Nifty Gainers

Symbol

EICHERMOT
IDEA
TATAPOWER
BAJAJ-AUTO
ULTRACEMCO
CIPLA
BHARTIARTL

LTP

Traded

Value

Change

Qty

(in Lakhs)

Open

High

Low

Prev.
Close

22,820.00

2.78

1,83,006

41,501.20

22,202.00

22,947.95

22,126.10

22,202.25

73.4

0.82

1,25,03,639

9,083.89

71.05

74

71.05

72.8

73.45

0.82

62,73,560

4,626.75

72.65

74.65

72.3

72.85

2,714.30

0.72

2,20,351

5,922.88

2,674.50

2,715.00

2,653.05

2,694.90

3,590.00

0.54

2,66,078

9,493.50

3,550.00

3,599.25

3,528.00

3,570.70

570.8

0.46

9,84,594

5,616.52

566

573.9

566

568.2

318.45

0.08

16,54,720

5,271.44

315

321.3

314.3

318.2

Top Nifty Losers

Symbol

MARUTI
TATAMOTORS
ASIANPAINT
ADANIPORTS
ZEEL
BPCL
AUROPHARMA
KOTAKBANK
HDFC
TATAMTRDVR

LTP

Traded

Traded
Value

Change

Qty

(in Lakhs)

Open

High

Low

Prev.
Close

5,051.00

-3.83

7,72,281

39,801.97

5,220.00

5,236.20

5,046.00

5,252.10

432.1

-3.59

1,04,50,654

45,870.01

445

453.5

431.15

448.2

906.3

-3.5

21,39,914

19,600.97

936

936.5

902

939.15

265.7

-3.42

28,54,273

7,704.25

273.7

274.4

264.25

275.1

442.45

-3.31

20,48,264

9,239.31

456.35

457

441.15

457.6

610.05

-3

49,17,522

30,025.41

620

624.7

605.45

628.9

722

-2.85

14,57,782

10,603.32

743.45

743.45

717

743.15

724.2

-2.79

28,45,037

20,616.28

740

744

720

744.95

1,237.05

-2.59

28,32,229

35,199.51

1,260.40

1,260.50

1,233.00

1,270.00

285.8

-2.29

25,02,560

7,255.42

290.2

297.7

285.35

292.5

Dynamic Sector Performance 2nd December 2016

Some Indices turned positive while most of them stayed in the red zone. Defense gained the most, followed by
Airlines, Textiles and Apparel and IT. While, Media, Paper, Infra- Construction Engineering and Material and
FMCG - Sugar lost the most in the days trade.

A quick View of the Sectors

SECTOR
DEFENCE
AIRLINES
TEXTILES AND APPAREL
IT
INFRA- TELECOM
ENERGY-OIL & GAS
FMCG
AUTO- TYRES AND TUBES
INFRA- MACHINERY EQUIPMENT
BANKS-PRIVATE
INFRA- POWER
BANKS-PSU
FMCG- BREVERAGES
PHARMA
AUTO-AUTO ANCL AND COMPONENTS
JEWELLERY
REALTY
FMCG- FOOD
FOOTWEAR
METALS AND MINING
FERTILISERS
FINANCIAL SERVICES
TRANSPORTATION LOGISTICS
FMCG- PACKAGING
MEDIA- ENTERTAINMENT
AUTO- AUTOMOBILES AND AUTO PARTS
REALTY- HOUSEHOLD
CHEMICALS
CEMENT
DIVERSIFIED
FINANCIAL SERVICES- NBFC
FMCG- SUGAR
ENTERTAINMENT-HOTELS AND LEISURE
INFRA- CONSTRUCTION ENGINEERING AND MATERIALS
PAPER
MEDIA

% CHANGE TODAY
1.75%
-0.19%
-0.37%
-0.46%
-0.68%
-0.80%
-0.86%
-0.88%
-0.91%
-0.92%
-0.94%
-1.20%
-1.22%
-1.31%
-1.39%
-1.39%
-1.60%
-1.69%
-1.73%
-1.78%
-1.79%
-1.81%
-1.82%
-1.88%
-1.90%
-1.97%
-1.99%
-2.06%
-2.07%
-2.22%
-2.31%
-2.31%
-2.34%
-2.48%
-2.73%
-2.75%

NSE High Volumes Stock Performer List

TOP GAINER
SYMBOL
HINDOILEXP

LTP

%CHANGE

TOP LOSER

SECTOR

SYMBOL

LTP

%CHANGE

SECTOR

BINANIIND

72.20

-5.50

CEMENT

TRIGYN

95.90

-5.38

IT

69.85

4.18

773.00

2.83

ENERGY-OIL & GAS

INFRA- CONSTRUCTION ENGINEERING AND
MATERIALS

51.50

2.38

CEMENT

RAMCOIND

195.20

-5.24

REALTY- HOUSEHOLD

SHARDACROP

431.00

1.50

CHEMICALS

SATIN

416.50

-5.00

FINANCIAL SERVICES

COSMOFILMS

334.45

1.09

FMCG- PACKAGING

IGPL

233.20

-4.99

AARTIIND

728.00

0.96

CHEMICALS

SSWL

603.10

-4.87

CHEMICALS
AUTO-AUTO ANCL AND
COMPONENTS

2964.75

0.87

FINANCIAL SERVICES- NBFC

BHAGERIA

365.80

-4.68

CHEMICALS

VGUARD

170.30

0.83

REALTY- HOUSEHOLD

SURYAROSNI

198.40

-4.66

IIFL

263.30

0.65

FINANCIAL SERVICES

JBMA

220.05

-4.60

REALTY- HOUSEHOLD
AUTO-AUTO ANCL AND
COMPONENTS

FINCABLES

416.05

0.64

INFRA- TELECOM

SYNGENE

577.00

-4.58

PHARMA

ANANTRAJ

40.90

0.61

REALTY

AEGISCHEM

142.65

-4.55

TRANSPORTATION LOGISTICS

JKCEMENT

733.05

0.48

CEMENT

STCINDIA

116.60

-4.23

DIVERSIFIED

KAJARIACER

527.75

0.44

REALTY- HOUSEHOLD

NOCIL

67.15

-4.21

CHEMICALS

CARERATING

1395.00

0.27

FINANCIAL SERVICES

MOIL

365.50

-3.98

METALS AND MINING

VTL

1104.35

0.26

TEXTILES AND APPAREL

KESORAMIND

135.25

-3.77

PEL

1634.00

0.19

PHARMA

SMLISUZU

1090.95

-3.71

DIVERSIFIED
AUTO- AUTOMOBILES AND AUTO
PARTS

SHRIRAMCIT

1878.15

0.12

FINANCIAL SERVICES- NBFC

WHIRLPOOL

918.20

-3.66

REALTY- HOUSEHOLD

DCBBANK

108.95

0.09

BANKS-PRIVATE

GSFC

87.95

-3.56

FERTILISERS

HGS

512.80

0.00

IT

ADFFOODS

151.65

-3.53

FMCG- FOOD

KALPATPOWR

244.05

-0.29

INFRA- POWER

HONDAPOWER

1470.00

-3.51

89.90

-0.44

AUTO-AUTO ANCL AND COMPONENTS

RBL

905.00

-3.50

INFRA- MACHINERY EQUIPMENT

AUTO- AUTOMOBILES AND AUTO
PARTS

FIEMIND

1123.00

-0.50

AUTO-AUTO ANCL AND COMPONENTS

TFCILTD

50.95

-3.41

FINANCIAL SERVICES- NBFC

MONSANTO

2256.60

-0.58

CHEMICALS

CANFINHOME

1636.00

-3.41

FINANCIAL SERVICES- NBFC

TUBEINVEST

578.45

-0.58

AUTO-AUTO ANCL AND COMPONENTS

CENTURYPLY

172.25

-3.39

REALTY- HOUSEHOLD

HIMATSEIDE

278.45

-0.62

TEXTILES AND APPAREL

HERITGFOOD

856.30

-3.35

FMCG- FOOD

IGARASHI

720.00

-0.64

AUTO-AUTO ANCL AND COMPONENTS

OUDHSUG

106.50

-3.31

TIMETECHNO

91.85

-0.65

FMCG- PACKAGING

DELTACORP

109.50

-3.27

FMCG- SUGAR
ENTERTAINMENT-HOTELS AND
LEISURE

NEULANDLAB

1018.95

-0.70

PHARMA

SARDAEN

231.50

-3.20

METALS AND MINING

TIRUMALCHM

779.40

-0.72

CHEMICALS

KIRIINDUS

268.95

-3.20

CHEMICALS

KNRCON
RAIN

BAJAJFINSV

PRICOL

Balkrishna Industries Trades Lifetime High

Balkrishna Industries is a tire manufacturing company placed in Mumbai, India.
The firm manufactures off-highway tires used in specialist segments like mining,
earthmoving, agriculture as well as gardening in five factories located in
Aurangabad, Bhiwadi, Chopanki, Dombivali as well as Bhuj. In the year 2013,
Balkrishna Industries was ranked 41st among the worlds tire makers. On
30th November 2016, the company had announced the results for the second
quarter with its Q2FY17 numbers above the estimates of the market. The revenue
came in 5.5 per cent higher and the net profit came in 84.2 per cent higher than the
marketre
estimates.
Price Surges 13% over Q2
Extending its post Q2 rally, Balkrishna Industries share price traded at the new lifetime high value of Rs.
1,285.75. Its previous lifetime high had been Rs. 1,204.80 at which it had traded on 5thOctober 2016.
Balkrishna Industries is currently an OEM vendor for heavy equipment manufacturers like JCB (company),
John Deere and CNH Industrial. The company at present enjoys 2 per cent market share of the global off-theroad tyre segment. The company has the consolidated PE ratio for the FY 15-16 is 19.98 while its standalone
PE ratio for the FY 15-16 is 20.27. As on 2nd December 2016, the market cap of the company stands at
11505.27 crores. The stocks one month return is 11.87 per cent with the book value of 288.27.

Nelco Share Price Recovers from its 52 Week Low

Nelco share price recovered from its 52 week low and surged over 6 per cent in
todays morning trade. Nelco, Balaji Telefilms, Endurance Technologies, Hotel
Leelaventure, Kamat Hotels (India), Mirza International, Puravankara Projects,
Peninsula Land, MT Educare and others had hit their respective 52-week lows on
the Bombay Stock Exchange (BSE) a few days ago.
A surprise
re Price Surges 13% over
Q2 victory of Donald Trump in the

US Presidential elections, and the

economic (housing and jobless claims)
data from the United States that could
push the US Federal Reserve (US Fed) to
hike rates in the upcoming policy review
this month had dented sentiment.

Fundamentals one should be aware of

Before Investing in the Stock:
Average Daily Movement [ADM]
Average Volume [20 days]
1 Month Return (%)
Consolidated Trailing PE Ratio
Standalone Trailing PE Ratio
Book Value
Market Cap

4.72
91764
-7.8
78.17
78.17
4.24
188.71 (Cr)

Also, Foreign Institutional Investors or

FIIs and foreign portfolio investors or
FPIs had sold equity shares worth over 1
billion dollars in after the government had
demonetized Rs.500 and Rs.1000
currency notes.
At 11:57 am, Nelco share price was
trading at Rs.87, up 5.2 per cent on the
National Stock Exchange (NSE). The
scrip opened at Rs.83 from a previous
closing of Rs.82.70. The upper and lower

Dilip Buildcon Share Price skids during the Morning Trade

On 2nd Dec, Dilip Buildcon share price tanked by more than 11 per cent. The
stock opened with a fall of 30 points at Rs. 237.95 as compared to its previous
closing at Rs.254.05. As of now, the stock is quoting at Rs. 224.05 and touched
the days high and low at Rs. 239.50 and Rs. 221.
Previously during this month, Dilip Buildcon has been given the Letter of Award
(LoA) for two projects. The first project is for Rehabilitation & Up-gradation of
NH-18 (New NH-40) from Km 108/850 to Kml60/200 of (Rayachoti - Kadapa
section) to two lane with paved shoulder in the state of Andhra Pradesh under
corridor approach through EPC basis of contract from Government of Andhra Pradesh (AP) PWD (R & B)
Department.
The second LoA if for Rehabilitation and up-gradation of NH-66 (erstwhile NH-17) from Km 406/030 to
Km 450/170 (Kalmath to Zarap section) to four lane with paved shoulder in the state of Maharashtra under
NHDP-IV on Hybrid Annuity Mode from Government of India, Ministry of Road Transport & Highways.
Dilip Buildcon Limited is a private sector road-focused engineering procurement construction (EPC)
contractor in India. It is a growing infrastructure development firm with around 78.44 per cent y-o-y growth
for the past four years. It is developing infrastructure over the country in many different areas such as roads
and bridges, water sanitation and sewage, irrigation, industrial, commercial and residential buildings.

A2Z Share Price tanks over 7 Per Cent Intraday on NSE

A2Z share price tanked over 7 per cent intraday on the National Stock Exchange
(NSE). From a previous closing of Rs. 43.15, A2Z share price today opened at Rs.
41.75. The stock has an ADM or Average Daily Movement of 2.42. The onemonth return percentage stands at - 3.68. The market cap of A2Z amounts to Rs.
559.32 (Cr) as on 2nd December 2016 while the book value stands at 37.39.
As recognized by the Dynamic Levels, A2Z belongs to the top 500 stocks out of
the 1700 shares listed on the NSE. It has strong fundamentals and impressive
financials.
For the quarter ended 30-Sep-2015, the company has reported a Consolidate sales of Rs. 362.55 Cr, up
108.26 per cent from last quarter Sales of Rs. 174.09 Cr and unchanged from last year same quarter Sales of
Rs. N/A. Company has reported net profit after tax of Rs. -32.00 Cr in latest quarter.
As of 9:27 am, A2Z share price was trading at Rs.40.30, down by 6.60 per cent. The days high of the stock
at the time stands at Rs. 41.75 while the days low read at Rs. 38.95. So far, the traded volume stands at
383577 shares with an aggregated traded value of Rs. 153.74 lac on the National Stock Exchange (NSE).
However, the average volume of 20 days of the scrip reads at 1066550 shares.

Hot Picks of the Day

SBI will Launch Mobile Wallet for Feature Phone
Arundhati Bhattacharya, the chairperson of State Bank of India (SBI) informed that the bank
will launch a mobile wallet for feature phone by the first half of this December. She further
added that the bank has already launched a mobile wallet named 'State Bank Buddy' for smart
phone users. Furthermore, the persons, who do not own smart phones, will be able to use this
software tool for money transaction through their feature phones. Visit page

Global Markets Influenced By Major Events This Month

The market is likely to remain cautious ahead of key events this month. One among
them is the GST council meet that begins today. The dream tax structure will take a
step further towards its realization. The other most important event is the RBI Credit
Policy that will be held on 7th of this month. This credit policy needs to be monitored
even more minutely as Demonetization has already left its unforgettable mark on the
face of Indian Economy. Expectations are that of a rate cut which would be cheered
by the markets and companies like DHFL, Yes Bank and others in the Banking and
Financial Services Sector would be direct beneficiaries. Read more

The Indian Chemical stocks hit by rising Crude Prices

Recently, worlds largest oil producers gathered in Vienna to try to agree a production
cut that could be bigger than expected, taking oil pricesto a jump of more than eight per
cent and to a five-week high. Oil prices surged 4 percent on yesterday, with Brent
crude at its highest in almost 16 months, extending gains after OPEC and Russia settled
to restrict output to reduce the global supply glut more quickly. This, in turn, has pulled
down the entire Chemical Sector on its feet as Crude oil is a major raw material used in
making chemicals. Read more.

Disclaimer
The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal
views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment
while making investment decision.

Dynamic Equities Pvt. Ltd - SEBI Investment Advisory Reg. No.: INA300002022
Disclosure
Dynamic Equities Pvt. Ltd. is a member of NSE, BSE, MCX SX and a DP with NSDL & CDSL. It is also engaged in Investment
Advisory Services and Portfolio Management Services. Dynamic Commodities Pvt. Ltd., associate company, is a member of MCX &
NCDEX. We declare that our activities were neither suspended nor we have defaulted with any stock exchange authority with
whom we are registered. SEBI, Exchanges and Depositories have conducted the routine inspection and based on their
observations have issued advise letters or levied minor penalty on for certain operational deviations.
Answers to the Best of our knowledge and belief of Dynamic/ its Associates/ Research Analyst: DYNAMIC/its Associates/ Research
Analyst/ his Relative:

Do not have any financial interest / any actual/beneficial ownership in the subject company.
Do not have any other material conflict of interest at the time of publication of the research report
Have not received any compensation from the subject company in the past twelve months
Have not managed or co-managed public offering of securities for the subject company.
Have not received any compensation for brokerage services or any products / services or any compensation or other
benefits from the subject company, nor engaged in market making activity for the subject company
Have not served as an officer, director or employee of the subject company

Report Prepared By:

Mayank Jain - NISM-201500086427
Vikash Kandoi - NISM-201500086430