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DERIVATIVE REPORT
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30 December 2016
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Prepared by: Meenakshi Pal
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Sr. Research Analyst
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30th December 2016

NIFTY FUTURE

NIFTY DAILY CHART

Nifty closed with a gain of 69 points at 8,104.
After
opening
with modest gains, indices remained
NIFTY
OUTLOOK
under pressure in the first half. The key benchmark
climbed on the last day of the December series as
investors prepared to close out a volatile year for
financial markets. However, as the day progressed,
late bout of buying in the auto, metal and IT stocks
lifted the benchmarks. Short-covering on the back
.
of futures and options (F&O) expiry and a rupee
appreciation buoyed the Indian equity markets
during the mid-afternoon trade session on
Thursday. Besides, budgetary expectations and
value buying enhanced investors' risk-taking
appetite, though negative global cues hampered the
upward movement. Sentiments got some support
with report that the Cabinet Committee on
Economic Affairs (CCEA) gave approval for over
Rs 11,000 crore projects to improve rural road
connectivity in the worst-affected left-wing
extremism (LWE) districts from security angle.The
India VIX (Volatility) index was down 1.67% at
15.2825. The BSE Midcap and Smallcap indices
closed up by 1% each. The rupee was trading up 14
paise at 68.09 per US dollar.
NIFTY FUTURE :
PIVOT :8078

R1:8131
S1:8047

Nifty open Flat on Thursday and shown Range

bound trend over the full trading hours. Nifty
closed above the 8100 today. 8000 -7900 is the
support of nifty if its break that level down side
pressure will be seen. Above 8150 new level of
nifty would be 8230-8350.

R2:8162
S2:7994

R3:8215
S3:7963

30th December 2016

NIFTY BANK FUTURE

NIFTY BANK DAILY CHART

NIFTY BANK OUTLOOK
NIFTY
Bank
niftyOUTLOOK
open flat
today and showing
consolidated movement, over the full trading
hours. Bank nifty closed at 18000. Above 18000
next target for bank nifty on chart up to 18300S18500. support for bank nifty would be in
between the level of 17400-17600. It can be the
reversal point for bank nifty. YES BANK
(+3.17%) and INDUSIND BANK (+2.18%) is the
top gainers of the day.

Bank nifty Open Flat at 17870.00, to its previous

closing 17864.40 on Thursday and touched high
of 18049.30. Todays bank nifty made a low of
17815.20. 17400-17600 is the next support of the
bank nifty. As we expect that bank nifty should
take support at that level. and next level of bank
nifty would be 17800-18000.

BANK NIFTY FUTURE :

PIVOT :17960

R1:18106
S1:17872

R2:18194
S2:17726

R3:18340
S3:17638

30th December 2016

USDINR
The Indian rupee opened flat at 68.24 per dollar on Thursday versus previous close 68.24. Year-end
holidays expected to keep volumes and activity in currency markets low and thin. USD-INR expected
trading range for the day 68-68.30/dollar. The Japanese yen strengthened against the dollar, meanwhile
the dollar index is firm above 103 mark, remember it has gained 4.7 percent this year. All those gains
have come after the November 8 US election.

USDINR :
PIVOT : 68.28

R1:68.36
S1:68.17

R2:68.47
S2:68.09

R3:68.55
S3:67.98

GLOBAL MARKETS

EUROPEAN MARKET
NAME

CHANGE

% CHANGE

FTSE 100
CAC 40
DAX

14.18
-9.54
-23.94

0.20
-0.20
-0.21

European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.20%,
while the DAX led the CAC 40 lower. They fell 0.21% and 0.20% respectively.

ASIAN MARKET
NAME

CHANGE

% CHANGE

NIKKEI 225
STRAITS TIMES
HANG SENG
TAIWAN WEIGHTED

-256.58

-1.34

-9.15
36.17
-48.31

-0.32
0.17
-0.53

Asian markets finished mixed as of the most recent closing prices. The Hang Seng gained 0.17%, while
the Nikkei 225 led the Shanghai Composite lower. They fell 1.32% and 0.20% respectively.

ADVANCES / DECLINES RATIO

ADVANCE
1078

DECLINE
507

UNCHANGED
93

TOTALS
1678

30th December 2016

INDIAN MARKETS

Name

Change

% Change

68.75
156.45
39.40
-17.00
1.70

Nifty 50
Nifty Bank
Nifty Metal
Nifty Pharma
Nifty Realty

Name

Change

0.85
0.87
1.49
-0.17
1.04

% Change

Open

High

Low

8030.60
17861.45
2603.60
10162.20
161.40

8111.10
18053.30
2653.25
10196.50
163.95

8020.80
17829.40
2600.85
10100.00
160.85

Open

High

Low

Sensex

155.47

0.59

26429.41

26429.63

26166.67

S&P BSE
Small Cap

131.41

1.10

11843.36

11959.28

11834.41

S&P BSE
Midcap

139.73

1.17

11773.12

11917.94

11764.48

FII/DII ACTIVITY

BUY
No. Of
Contracts
INDEX
FUTURES
INDEX
OPTIONS
STOCK
FUTURES
STOCK
OPTIONS

SELL

Amt.
(In. Crores)

No. Of
Contracts

Amt.
(In. Crores)

OPEN INTEREST AT THE

END OF THE DAY
No. Of
Amt.
Contracts
(In. Crores)

62341

3945.71

51398

3242.48

153444

9592.85

1318996

38587.71

1391178

39067.33

661028

40475.59

276108

16703.34

267698

16232.04

828751

49513.18

31783

2181.20

30918

2122.00

2515

151.78

30th December 2016

TOP GAINERS VS. TOP LOSERS

TOP GAINERS
Company
GRASIM INDS.
BHARAT PETRO.
YES BANK
EICHER MOTORS
BOSCH LTD.

Prev. Close(Rs.)
811.10
615.15
1113.05
20884.80
20172

Current Price(Rs.)
843.50
639.65
1148.30
21491.25
20650.00

% Change
+3.99
+3.98
+3.17
+2.90
+2.37

Prev. Close(Rs.)
268.50
621.35
1349.95
651.75
998.50

Current Price(Rs.)
264.65
614.70
1339.20
647.20
992.35

% Change
-1.43
-1.07
-0.80
-0.70
-0.62

TOP LOSERS
Company
ADANIPORTS
SUN PHARMA
L&T
AUROPHARMA
INFOSYS

30th December 2016

ERL RESEARCH TEAM

Member Name

Designation

Mr. Tuhinanshu Jain

Mr. Yogesh Subnani
Miss. Meenakshi Pal

Research Head
Sr. Research Analyst
Sr. Research Analyst

E-mail ID
Tuhinanshu.jain@equityresearchlab.co.in
Yogesh.subnani@equityresearchlab.co.in
Meenakshi.pal@equityresearchlab.co.in

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