One Report to Answer all your Questions!

Get your Portfolio Verdict now

Nifty end in green on Friday

01 Jan 2016 Evaluate

The fifty stock index -- Nifty ended in green on first day of 2016, on account of buying by fund and retails investors. Traders were getting encouragement with report that India’ s fiscal deficit for the first eight months of the current financial year narrowed compared to the same period a year ago, led by encouraging tax and non-tax collections, despite high capital spending by the government to boost the economic growth. On the global front, most Asian markets remained closed on account of New Year holiday.

Back home, Nifty have made a weak start as traders remained cautious with the Indian core sector growth contracting by 1.3% in November after expanding for six consecutive months, mainly dragged down by a sharp slowdown in electricity production and a contraction in cement and steel output. Thereafter, market recovered from day’s low and traded near neutral line in noon deals, though sharp Buying was witnessed in last leg of trade that lifted Nifty above its psychological 7,950 level. Finally, Nifty ended with a gain of 16.85 points.

The top gainers from the F&O segment were Reliance Infrastructure, Tata Motors and Adani Ports and Special Economic Zone. On the other hand, the top losers were Jindal Steel & Power, GAIL (India) and Voltas. In the index options segment, maximum OI was being seen in the 8000-8300 calls and 7500-7900 puts. In today's session, while the traders preferred to exit 9600 put, heavy buildup was seen in the 7900 put. On the other hand, traders exited from 9000 Call, while 8300 call witnessed considerable OI addition.

The India Volatility Index (VIX), a gauge for market's short term expectation of volatility increased by 2.81% and reached 14.26. The 50-share Nifty was up by 16.85 points or 0.21% to settle at 7,963.20.

Nifty January 2016 futures closed at 7982.00 on Friday at a premium of 18.80 points over spot closing of 7,963.20, while Nifty February 2016 futures ended at 8001.10 at a premium of 37.90 points over spot closing. Nifty January futures saw addition of 0.46 million (mn) units, taking the total outstanding open interest (OI) to 19.43 million (mn) units. The near month derivatives contract will expire on January 28, 2016.

From the most active contracts, SBI January 2016 futures traded at a premium of 1.05 points at 228.80 compared with spot closing of 227.75. The number of contracts traded were 10,642.

Reliance Communications January 2016 futures traded at a premium of 0.85 points at 91.05 compared with spot closing of 90.20. The number of contracts traded were 7,908. ICICI Bank January 2016 futures traded at a premium of 1.05 points at 263.60 compared with spot closing of 262.55. The number of contracts traded were 7,977. DLF January 2016 futures traded at a premium of 0.85 points at 122.25 compared with spot closing of 121.40. The number of contracts traded were 8,048. Tata Motors January 2016 futures traded at a premium of 2.15 points at 403.95 compared with spot closing of 401.80. The number of contracts traded were 8,945.

Among Nifty calls, 8000 SP from the January month expiry was the most active call with an addition of 0.46 million open interests. Among Nifty puts, 7900 SP from the January month expiry was the most active put with an addition of 0.90 million open interests. The maximum OI outstanding for Calls was at 8000 SP (7.60 mn) and that for Puts was at 8200 SP (4.70 mn). The respective Support and Resistance levels of Nifty are: Resistance 7987.23 --- Pivot Point 7948.52 --- Support --- 7924.48. The Nifty Put Call Ratio (PCR) finally stood at 0.96 for January month contract. The top five scrips with highest PCR on OI were United Breweries (5.50), HCL Technologies (2.66), Mahindra & Mahindra Financial Services (2.57), Indian Overseas Bank (1.88) and Ajanta Pharma (1.03).

Among most active underlying, Reliance Infrastructure witnessed an addition of 0.83 million of Open Interest in the January month futures contract, followed by Jet Airways (India) witnessing an addition of 2.37 million of Open Interest in the January month contract; Reliance Capital witnessed an addition of 0.70 million of Open Interest in the January month contract, Reliance Communications witnessed an contraction of 2.62 million of Open Interest in the January month contract and State Bank of India witnessed a contraction of 0.05 million units of Open Interest in the January month's future contract.

SEBI Registered: Investment Adviser - INA000013323

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity - May 16, 2019 - Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Warning: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Disclaimer: Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provides any assurance of returns to investors.

Compliance Officer:

Name: Shrikant Jagtap

Email: shrikant.jagtap@moneyworks4me.com

Mobile No: +91 97638 00745

Grievance Officer:

Name: Mukta Vaze

Email: mukta.vaze@moneyworks4me.com

Mobile No:+91 98609 19463

Principal Officer:

Name: Atharva Bhide

Email: atharva.bhide@moneyworks4me.com

Mobile No:+91 91758 99463

SEBI regional/local office address -

Plot No. C 4-A , G Block, Near Bank of India, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051

Address:

The Alchemists Ark Pvt. Ltd., B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

*Color code for outperformance consistency

*Number is average 3 year rolling returns

Want to invest successfully in stocks?

How the heck do you select a solution that ensures it?

Check how good is your current solution!

Does it get you focused on meeting your financial goals?

Investing is to means to funding your goals. Your solution must help you get clarity of your goals and how you should invest to reach them. Does your solution include Financial Planning?

Does it have a way of investing that you are confident will work for you?

Are you clear of the rationale behind recommendations?

Do you have a way of answering the most important questions: Which stocks are worth investing in, at what price and how do you build your portfolio?

Does it make it easy to find opportunities without wasting your time?

Are you spending too much time finding opportunities?
Do you have a way of knowing when opportunities from your chosen set of stocks arise in the future?
How confident are you about them?