India Today
Adani Ports, GAIL India, Zee Entertainment, Colgate Palmolive, InterGlobe Aviation, Bharat Heavy, Oil India, Emami and Reliance Communications are among companies reporting earnings; RBI to hold reverse repo auction.
*Nifty May future closed at 11869.4 with a premium of 25 points, while the Jun futures were at a premium of 63 points towards close. The Nifty rollovers were above average at 23% vs. 16% ,Bank Nifty rollovers (%) were below average at 10% vs. 15%; The SSF roll% were marginally below average at 16% vs 18%.
* June is 4 week expiry.
* The dividend for May expiry is estimated @ 33 points.
* FINANCIALS ,TEXTILES ,CONSTRUCTION ,MEDIA ,TELECOM ,IT ,FMCG , rolled above average, while rolled below average are ,OIL_GAS ,CHEMICALS ,METALS_ETC ,PHARMA ,AUTO_ETC ,POWER ,ENGG_CG.
Open Interest Activity
Nifty Stock :
Long Buildup : ACC | GRASIM | BHEL | ICICIBANK | SBIN | TATAMTRDVR | HDFCBANK | LT | ASIANPAINT | BHARTIARTL
Short Covering : ZEEL | EICHERMOT | TATAPOWER | BOSCHLTD | TATAMOTORS | TATASTEEL | HEROMOTOCO | MARUTI | CIPLA | DRREDDY
Short Buildup : TECHM
Non-Nifty Stock :
Long Buildup : CEATLTD | CONCOR | AJANTPHARM | BEML | CUMMINSIND | FEDERALBNK | CADILAHC | CESC | JISLJALEQS | BEL
Short Covering : BIOCON | DABUR | VEDL | AMARAJABAT | BHARATFIN | KSCL | MRF | ORIENTBANK | SYNDIBANK | KTKBANK
Short Buildup : BATAINDIA | SUNTV | JETAIRWAYS | TORNTPHARM | NIITTECH | RELINFRA | RPOWER | HAVELLS | HEXAWARE |
Long Liquidation : JUSTDIAL
Options Side
Nifty Opt OI:May'19:
*Max CALL is @12500 with Rs56bn (62k ctcs)
*CALL chng is @12100+4k 12000-14k, 12500(-13k), 13000(-12k)
*Max PUT is @11000 with Rs47.6bn (53k ctcs)
*PUT chng is @11700+14k, 11600+9k, 11400+7k
Bank Nifty Opt OI : 30-May'19 :
Max CALL OI is @31500 with Rs17.5bn (28k ctcs),32000(Rs 17bn) & 29000(Rs 15.6bn)
Max PUT OI is @30000 with Rs18.3bn (29k ctcs),29000(Rs 17.3bn) & 29500(Rs 16.6bn)
CALL OI add @31700(4k), 31900(4k), 31200(3k)
PUT OI add @30500(16k), 31000(12k), 30000(10k)
CALL OI reduced @32000(-3k), 31000(-2k)
Rollover Data:
* Low Roll%:
- Nifty: M&M, NTPC, CIPLA, ULTRACEMCO, HEROMOTOCO, HINDUNILVR, COALINDIA, ONGC
- Non-Nifty(front OI >$10m) :ASHOKLEY, MCDOWELL-N, PNB, PEL, ADANIENT, FEDERALBNK, AUROPHARMA, DLF, ,
* Below Average Roll%:
- Nifty: M&M, NTPC, UPL, IOC, HDFC, RELIANCE, JSWSTEEL
- Non-Nifty(front OI >$10m) :IDEA, ADANIENT, PNB, ASHOKLEY, PEL, FEDERALBNK, MCDOWELL-N, BHARATFORG,
ON THE RADAR/ EQUITY PREVIEW:
* Ashok Leyland (AL): 4Q profit 6.53b rupees, beats est. 6.17b
* AstraZeneca India (ASTR): 4Q net income 98.2m rupees, revenue 1.9b
* Bata India (BATA): 4Q net income 882.7m rupees, beats est. 743m
* Biocon (BIOS): Co.’s NDA for Pemetrexed Disodium gets tentative FDA nod
* Dish TV India (DITV): 4Q loss 13.6b rupees, revenue 14b rupees
* Future Retail (FRETAIL): 4Q profit 2.03b rupees, beats est. 1.83b
* Grasim Industries (GRASIM): 4Q profit 4.51b rupees, misses est. 20.5b
* Grasim Industries Plans to Expand Specialty Fiber Business
* IDFC (IDFC): 4Q loss 258.9m rupees, revenue 15.4m
* Indiabulls Ventures (IBVE): Sebi impounds funds in Indiabulls Ventures insider trade matter
* India Cements (ICEM): 4Q profit 438.5m rupees, revenue 15.6b
* Indraprastha Gas (IGL): 4Q net income 2.26b rupees, beats est. 2.07b
* Manpasand Beverages (MANB): Offices searched by tax officials & detained some company representatives, including CFO
* NCC Ltd. (NJCC): 4Q net income 1.74b rupees, est. 1.66b
* NTPC (NTPC): 4Q profit 43.5b rupees, beats est. 29.1b, as other income jumps, cost dip
* Page Industries (PAG): 4Q profit 749.8m rupees, misses est. 1.08b
* REC Ltd. (RECL): 4Q net income 12.6b rupees, misses est. 13.3b
* Suzlon Energy (SUEL): To sell stakes in 2 units to Ostro for total INR151.9m
* Whirlpool India (WHIRL): 4Q profit 1.04b rupees, est. 1.02b
* Zuari Global (ZUAR): 4Q net income 4.14m rupees, revenue 6.68b
* Narendra Modi Appointed India’s Prime Minister for Second Term
* U.S., India, Japan to Hold Meeting at G-20, White House Says
By: via @AlliesFin Serve T.ME/ALLiESFiN
