25-JAN-16
Husains
MARKET WRAP The market snapped two-day losses on Friday. The Sensex rallied 473.45 points or 1.98 percent to 24435.66 and the Nifty surged 145.65 points or 2 percent to 7422.45, tracking global rally and oil rebound. The BSE Midcap index gained 1.9 percent and Smallcap surged 2.25 percent. More than three shares advanced for every share declining on the Bombay Stock Exchange. GAIL, Hindalco Industries, Maruti Suzuki, Tata Steel, Hero Motocorp and M&M were top gainers, rising 5-8 percent while Bharti Airtel and Idea Cellular lost 3.36 percent and 6.23 percent, respectively. BROAD MARKET INDICES
INDEX
P. CLOSE
OPEN
HIGH
LOW
CLOSE
%CHANGE
NIFTY 50
7,276.80
7,35.70
7,433.40
7,327.60
7,422.45
2.00
NIFTY NEXT 50
17,715.55
17,930.85
18,151.75
17,839.20
18,107.35
2.21
NIFTY100 LIQ15
2,735.35
2,777.40
2,825.90
2,762.45
2,819.90
3.09
NIFTY MIDCAP 50
2,944.95
2,984.60
3,049.85
2,969.00
3,041.90
3.29
Contact No. +91-903-977-7700
www.moneyclassicresearch.com
ASIAN INDEXES INDEX
OPEN
HIGH
LOW
CLOSE
%CHANGE
NIKKEI 225
16,336.72
16,993.96
16,332.45
16,958.53
5.55
HANG SENG
19,000.79
19,152.80
18,769.61
19,080.51
2.82
TAIWAN
7,729.01
7,774.12
7,706.14
7,756.18
1.19
SSE
2,911.11
2,931.36
2,851.73
2,916.60
1.24
INDIAN MAJOR SECTORAL INDICES INDEX
P. CLOSE
OPEN
HIGH
LOW
NIFTY BANK
15,101.20
15,343.15
15,575.65
15,274.90
15,497.55
2.62
NIFTY FIN SERVICE
6,317.60
6,406.55
6,496.30
6,379.30
6,470.70
2.42
NIFTY PHARMA
10,876.60
10,963.35
11,183.25
10,928.20
11,141.30
2.43
NIFTY IT
10,934.30
11,020.60
11,030.65
10,961.35
11,006.70
0.66
Contact No. +91-903-977-7700
CURRENT %CHANGE
www.moneyclassicresearch.com
STOCK UPDATE Siemens bags Rs 267cr orders; shares gain 3% Shares of Siemens gained 3.3 percent intraday Friday as it has bagged order worth Rs 267 crore. The company has won a order worth Rs 112 crore from Rajasthan Rajya Vidyut Prasaran Nigam Limited, a state power transmission utility owned by Government of Rajasthan and headquartered in Jaipur. "The scope of work for the project involves engineering, supply, installation, testing and commissioning of 400 kv /220kV Air Insulated Substations," as per BSE release. In another deal Siemens together with Siemens Malaysia, has won order worth Rs 155 crore from Malaysia-based PSI International. "The scope of work for the project involves supply of 420kV Gas Insulated Switchgear for PSI International’s new petrochemical (RAPID) Greenfield project, company said in BSE filing.
Contact No. +91-903-977-7700
www.moneyclassicresearch.com
Incremental network cost impacted margins: Idea Cellular After Idea Cellular announced its third quarter numbers on Thursday, the thing that stood out was the margin pressure, despite profit and revenue coming in line with street expectation. Himanshu Kapania, MD of Idea Cellular, said this is on account of the fact that the company is trying to build massive wireless broadband infrastructure. Additionally, the company had also committed Rs 30,000 crore in March 2015 spectrum auction, he added. He further said data volume grew at 76 percent Year-on-Year (YoY), while data realisations declined 17 percent during the same period. Idea Cellular's third quarter consolidated net profit declined 5.6 percent sequentially to Rs 764.2 crore, impacted by lower margin and other income and higher interest cost. Revenue increased 3.7 percent to Rs 9,009.7 crore quarter ended December 2015 compared to Rs 8,689 crore in preceding quarter with better-than-expected volume growth of 5.1 percent. Voice minutes (volume) rose to 199.2 billion minutes during the quarter from 189.5 billion units in previous quarter.
Contact No. +91-903-977-7700
www.moneyclassicresearch.com