Happy listing for Ujjivan! Flat start for indices

India Infoline Research Team | Mumbai | May 10, 2016 08:46 IST

The outlook is a flat start. Indices could swing in a range during the day. Results to watch out for include Zee Entertainment, Repco Home, NIIT, SRF and Radico Khaitan among others.

A happy listing lay in store for Ujjivan Financial Services, which witnessed robust demand for its IPO. The stellar debut of diagnostic chain Thyrocare Technologies at 48% premium on the Indian stock markets has fueled the investors’ sentiment in the IPO market. Volatile market sentiments on Dalal Street has not dampened the positive sentiment of the primary market as 15 out of 27 IPOs (including Thyrocare’s issue) have offered higher returns since April 1, 2015.
 
The outlook is a flat start. Indices could swing in a range during the day. Results to watch out for include Zee Entertainment, Repco Home, NIIT,  SRF and Radico Khaitan among others. The global cues are mixed for now. Japan's Nikkei is higher and so is South Korea's Kospi. China's Shanghai Composite is lower. Chinese CPI for April was flat at 2.3% while PPI for April fell 3.4% as against 4.3% fall in the preceding month. US technology shares ended modestly higher while the S&P 500 finished flat and the Dow industrials closed in the negative territory.
 
Indian market % change
Last close 1 day 3 mth YTD
Sensex 25,689 1.8 8.1 (1.6)
Nifty 7,866 1.7 9.0 (1.0)
BSE 100 7,990 1.7 9.4 (1.3)
BSE 200 3,330 1.6 9.1 (1.4)
CNX Midcap 13,145 1.1 9.2 (1.9)
BSE  Small Cap 10,429 1.5 9.0 (1.9)
BSE 100 Futs 8,024 1.6 8.2 (0.9)
Sensex Futs 25,797 1.8 4.5 (0.9)
Developed market % change
Last close 1 day 3 mth YTD
Dow Jones 17,706 (0.2) 11.3 1.6
Nasdaq 4,750 0.3 10.9 (5.1)
S&P 500 2,059 0.1 11.2 0.7
FTSE 6,115 (0.2) 7.8 (2.0)
CAC 4,323 0.5 6.4 (6.8)
DAX 9,980 1.1 10.7 (7.1)
Hang Seng* 20,085 (0.4) 4.1 (8.3)
Nikkei* 16,465 1.5 4.8 (13.5)
Emerging market % change
Last close 1 day 3 mth YTD
Shanghai Comp 2,826 (0.2) 2.3 (20.2)
Brazil Bovespa 50,990 (1.4) 26.3 17.6
Mexico Bolsa 45,250 0.1 6.4 5.3
Kospi* 1,976 0.4 3.1 0.8
Straits* 2,752 (0.5) 6.6 (4.5)
* Markets are open
Institutional activity
(Rs cr) Cash F&O MTD YTD
FIIs 62 -231 3,322 11,222
MFs 590 - -94 2,986
FIIs Prov. 224
MFs Prov. 351
Commodities % change
Last close 1 day 3 mth YTD
Crude (US$/bbl) 43.4 (0.2) 57.9 17.0
Gold (US$/oz) 1,264 0.0 5.6 19.1
Copper (US$/mt) 4,699 0.3 5.7 (0.1)
Aluminium (US$/mt) 1,562 0.0 5.5 3.6
Zinc (US$/mt) 1,836 0.1 7.5 14.1
Currency % change
Last close 1 day 3 mth YTD
Rs/US$ 66.58 0.0 2.0 (0.6)
US$/GBP 1.44 (0.0) (0.8) (2.3)
US$/EUR 1.14 (0.1) 0.7 4.7
Yen/US$ 108.75 0.4 4.2 10.5
Advance/Decline stocks
(Nos) 30-Dec-15 29-Dec-15
Adv 732 650
Dec 810 916
Unch 81 51
A/D ratio (x)* 0.90 0.71
*A/D excluding Unch
Trade value
(Rs cr) % chg
Cash NSE 14,636 1.1
Cash BSE 2,257 (4.2)
Total Cash 16,893 0.3
Delivery (%) 45.4 0.0
Derivatives 3,24,799 5.6
Bond Market
Last close Bps chg
10yr Gsec 7.43 0.00
Call rate 6.45 -0.25
 
 

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