The document is a daily newsletter providing market analysis and corporate news. It includes the following sections: indices performance; corporate news on mergers, acquisitions and partnerships; technical analysis; commodity prices; and momentum calls status. Some key corporate updates include Kotak Mahindra Bank acquiring ING Vysya Bank, Cipla partnering with Serum Institute of India, and Tech Mahindra acquiring Lightbridge Communications Corporation. Market indices like Sensex and Nifty closed slightly up.
(Vedika) Low Rate Call Girls in Pune Call Now 8250077686 Pune Escorts 24x7
Jainam market mirror
1. Market Mirror
Daily Newsletter
Report Details –
1. Indices Watch
2. Corporate News
3. Corporate Results & Action
4. Technical Mirror
5. Commodity Mirror
6. Momentum Calls Status
November 21 , 2014
Visit us at www.Jainam.in
Registered Office: Malhar Complex, Dumas Road, Ichchanath, Surat – 395007.
Tel: 0261-305 5555 E-mail: research.report@jainam.biz
2. Thought on Wealth Creation
Only buy something that you'd be perfectly happy to hold if the market shut
down for 10 years.--Warren Buffett
Corporate News
Kotak Mahindra Bank acquires ING Vysya Bank. Kotak Mahindra Bank
-Board approves merger with ING Vysya Bank. Share swap ratio of
725:1000. 725 shares of bank for every 1,000 shares of ING Vysya.
Merger with ING Vysya Bank is subject to RBI, CCI, shareholder nod.
Upon merger, Kotak Mahindra Bank will have 1,214 branches. FII
holding in Kotak merged entity at 33.6 percent. Domestic holding in
Kotak merged entity at 19 percent. Promoters holding in Kotak
merged entity at 34 percent. Kotak merged to have 1,794 ATMs
across the country.
Alok Industries is reportedly planning to raise Rs 2,000 crore in the
coming two years by selling UK retail chain, Store 21 and land in
Mumbai, Vapi and Silvassa.
Cipla's wholly owned subsidiary, Cipla Europe NV has signed a
distribution agreement with Serum Institute of India (SII), a global
leader in the production of vaccines. Under the agreement, SII will
develop and manufacture paediatric vaccines, while Cipla will seek
European Medicines Agency approval and market the products in
Europe.
Tech Mahindra signed a definitive agreement to acquire Lightbridge
Communications Corporation (LCC), a global network services leader
for an enterprise value of approximately USD 240 million, subject to
regulatory approvals. Will add 20-30 new clients with acquisition.
EID Parry India, has inked an agreement with Netherlands-based
Rabobank, and WWF India, to collaborate on sustainable sugarcane
production. The partnership will produce tools that will track and
measure two key issues related to sugarcane production - water use
and Green House Gas emissions.
RBI-FII holding in YES Bank below prescribed threshold limit. FIIs can
now buy shares of YES Bank.
Financial Technologies-Prashant Desai appointed MD and CEO of
company. Jignesh Shah resigns as managing director of company.
Jignesh Shah to become chairman-Emeritus of company.
Government-Will rollout a new pharma policy for bulk drugs in 10-15
days. Move will help the sector grow manifold over the next 5-7 years.
Circuit filter revision: Linc Pen and Plastics from 20 % to 10 %
SBI chairman Arundhati Bhattacharya-Have signed MoU with Adani
Group. After MoU with Adani, proper due diligence will have to be
done.
Corporate Actions
ZENTEC - Stock split from Rs 10 to Re 1
ARISINT - Reduction of Capital
Ex-dividend :NIL
Equity Close Chg %chg
Indian Indices
SENSEX 28,067.56 34.71 0.12
NIFTY 8,401.90 19.6 0.23
BSE MCAP 10,203.73 -6.87 -0.07
BSE SMCAP 11,336.73 -31.82 -0.28
BSE BANKEX 20,204.71 74.11 0.37
BSE METAL 11,111.86 -93.85 -0.84
BSE IT 11,001.73 137.65 1.27
BSE FMCG 7,763.15 29.96 0.39
BSE OIL & GAS 10,781.58 33.76 0.31
BSE AUTO 18,822.94 -84.35 -0.45
World Indices
Dow Jones 17,719.00 33.27 0.19
Nasdaq 4,701.87 26.16 0.56
Dow Futures* 17,689.00 -5.00 -0.03
Nikkie* 17,164.23 -136.63 -0.79
Hangseng* 23,354.55 4.91 0.02
Net Flows
(Rs.Cr.)
FII (cash) -477.15
DII (cash) 101.62
FII Index Futures 227.21
FII Index Options 937.60
FII Stock Futures -308.50
FII Stock Options -64.22
Indian ADRs
DR REDDY 56.78 0.53 0.94
HDFC BANK 52.44 -0.19 -0.36
ICICI BANK 58.59 0.1 0.17
INFOSYS 67.22 -0.11 -0.16
MTNL 0.86 -0.03 -3.15
STERLITE 6.22 0 0
TATA MOTORS 46.70 -0.46 -0.98
WIPRO 12.31 -0.13 -1.05
Currency
USD/INR 61.96
Put Call Ratio
Index Options 1.14
Stock Options 0.50
India VIX 14.17 -0.18 -1.25
Securities in Ban for Trade today is: UNITECH.
Source: NW18, BSE, NSE, SEBI, BLOOMBERG, Accord Fintech & Jainam Research.
* figures tend to change as market is opened
Registered Office: Malhar Complex, Dumas Road, Ichchanath, Surat – 395007.
Tel: 0261-305 5555 E-mail: research.report@jainam.biz
MARKET MIRROR
5. Research Team
Tejas Jariwala Research Analyst 0261- 3087016 tejas.jariwala@jainam.in
Yagnesh Patel Research Executive 0261- 3087014 yagnesh.patel@jainam.biz
Nirav Kasariwala Research Executive 0261- 3087015 nirav.kansariwala@jainam.in
Hetal Bhasali Research Executive 0261- 3087015 hetal.bhansali@jainam.biz
Jinal Mandavawala Jr. Research Executive 0261- 3087014 jinal.mandavawala@jainam.biz
Jimit Zaveri Jr. Research Executive 0261- 3087016 jimit.zaveri@jainam.biz
Reports Published By Research Department:
Daily Market Mirror
Daily Derivative Mirror
Weekly Equity Mirror
Weekly Commodity Mirror
Event Analysis Report
IPO/FPO Analysis
Fundamental Analysis Report
Techno- Funda Report
Disclaimer
This document is not for public distribution and has been furnished to you solely for your information and must not be
reproduced or redistributed to any other person. Persons into whose possession this document may come are required to
observe these restrictions.
This material is for the personal information of the authorized recipient, and we are not soliciting any action based upon it.
This report is not to be construed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where
such an offer or solicitation would be illegal. It is for the general information of clients of Jainam Share Consultants Pvt. Ltd.
It does not constitute a personal recommendation or take into account the particular investment objectives, financial
situations, or needs of individual clients.
We have reviewed the report, and in so far as it includes current or historical information, it is believed to be reliable though
its accuracy or completeness cannot be guaranteed. Neither Jainam Share Consultant Pvt. Ltd., nor any person connected
with it nor any author of the reports accepts any liability arising from the use of this document. The recipients of this material
should rely on their own investigations and take their own professional advice. Price and value of the investments referred to
in this material may go up or down. Reports based on technical analysis centers on studying charts of a stock’s price
movement and trading volume, as opposed to focusing on a company’s fundamentals and as such, may not match with a
report on a company’s fundamentals. No part of this material may be duplicated in any form and/or redistributed without
Jainam Share Consultants Pvt. Ltd.’ prior written consent. Abbreviation: Sup= support, Res= resistance, DMA= daily moving
average, OI= open interest. Some figures are squared up to the nearest.
Registered Office: Malhar Complex, Dumas Road, Ichchanath, Surat – 395007.
Tel: 0261-305 5555 E-mail: research.report@jainam.biz