Monday, June 4th, 2018

MARKET INSIGHT

CLOSE PREV CLOSE % CHANGE 50 DMA 200 DMA NSE 10,628 10,696 0.63 10,518 10,352 BANK NIFTY 26,257 26,692 1.63 25,417 25,206

SHORT STORY MARKET BREADTH :NEGATIVE TOTAL ADVANCES DECLINES UNCHANGED TRADED “There seems to be some perverse human characteristic NSE 290 1527 66 1883 that likes to make easy things difficult”

NIFTY RESISTANCE SUPPORT MARKET SUMMARY O 10,675.95 R1 10,726.42 S1 10,574.47

H 10,770.30 R2 10,824.33 S2 10,520.43 The week has started with a negative note where the 50 share index Nifty L 10,618.35 R3 10,976.28 S3 10,368.48 opened higher at 10,765 and erased the gains and made a low of 10,618 C 10,628.50 R4 11,128.23 S1 10,216.53 forming a Bearish Engulfing pattern on daily and weekly charts and closed lower at 10,628 down by 67 points. The Index may touch the levels of BANK NIFTY RESISTANCE SUPPORT 10,573/10,513 and 10,453 and for the upside rally the index needs to O 27,023.70 R1 26,801.43 S1 25,959.78 cross the monthly open of 10,738 to show some positive strength in the H 27,047.55 R2 27,345.32 S2 25,662.02 market. L 26,205.90 R3 28,186.97 S3 24,820.37 C 26,257.55 R4 29,028.62 S4 23,978.72 The sectoral index Bank Nifty has also shown weakness and formed a NEW 52 WEEK HIGH bearish Engulfing pattern on the daily chart and closed at 26,257. The NSE LTP 52 WEEK HIGH next important levels to look for are 26,105/25,819 and 24,994. FSL 76.40 77.60

KPIT 278.90 290.40 Stockwise, GDL, SAIL, Sadbhav, Hexaware were the top gainers of the day PFIZER while the major losers were the banks HUL, Ibullshousing were among 2600 2650 the other losers of the day. NEW 52 WEEK LOW NSE LTP 52 WEEK LOW Globally, The US index traded positively nearly 0.5% to 0.75%, the 928.45 924 European Index traded positively between 0.5% to 1% while the Asian 201 200.35 markets traded between 0.5% to 1%. AMRUTANJAN 252.40 245 STOCKS NEAR 52 WEEK HIGH The Indian rupee traded at Rs. 67.05/$ NSE LTP 52 WEEK HIGH 1239.40 1248.65 CORPORATE ANNOUNCEMENTS NESTLE 9817 10000  Reliance plans to halt oil imports from Iran in a sign that the new M&M 914.50 933.50 US sanctions are forcing buyers to avoid oil purchases from JSWSTEEL 331.85 342.75 Tehran BHARATFIN 1143.80 1183  Lupin Launches generic Methylergonovine Maleate Tabs USP in STOCKS NEAR 52 WEEK LOW the US NSE LTP 52 WEEK LOW  SSWL bagged another Exports order from the US Truck and RANE BRAKE 826.45 825.25 Trailer Aftermarket for its truck Steel wheels plant in Chennai. KOHINOOR FOODS 50.60 50.50 Order comprises of approx. 9500 truck wheels. Total order value INGERSOL RAND 543.40 542 is USD 425,000 IDFC 47.5 47.70  ‘NCC has received one new order worth Rs.178 Cr from PWD, IL&FS Trans 49.50 49.35 Delhi Wins additional Order worth Rs 47 Cr in UP Govt EVENTS CALANDER EX-DIVIDEND  Consortium of Banks led by SBI has moved to Bengaluru bench of the NCLT seeking an investigation into the affairs of some of COMPANY DATE EX-DIVIDEND the companies in the United Breweries Group SHANKARA BLD 07-06-2018 32.5%FINAL  SEBI has extended the ban on the United Spirit’s erstwhile the BOSCH 07-06-2018 1000% FINAL Company’s chairman from the securities markets LUMAX AUTO 07-06-2018 100% FINAL for three years and two other officials of the company for one INDUSIND BANK 13-06-2018 75% FINAL year each for violation of norms INFOSYS 14-06-2018 200% SPECIAL  Titan planning to take its Jewellery business to International INFOSYS 14-06-2018 410% FINAL markets by the end of FY19 14-06-2018 605% FINAL  PVR likely to invest around 250cr Rupees this fiscal to increase

the number of screens and upgrade select screens in metro EX-BONUS

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cities to enhance the earning potential COMPANY DATE EX-BONUS  M&M arm Mahindra Electric Mobility has extended its GRUH 06-06-2018 1:1 partnership with car rental firm Zoomcar to the city LGBALAKRISHN 14-06-2018 1:1  Govt likely to introduce a new price index for Pharma products TRANSCOR 19-06-2018 1:4  Future Retail completed acquisition of the retail business from EX-BONUS Food world Supermarkets COMPANY DATE EX-SPLIT  HUL plans to launch traditional South Asian breakfast options LUMAXTECH 07-06-2018 10 TO 2 such as Khichdi, Upma and Pongal  Dilip Buildcon has received letter of award from NHAI for a new Hybrid Annuity Project valued at Rs 1314 cr in

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