Pre-market analysis

1)Nifty closed at 10607.35 up 0.53% and banknifty closed at 21852.40 down 0.46%.

2)On friday,Us markets were closed.

3)Today, US and Europe futures are trading positive and asian markets opened in deep green and sgx nifty is trading at 10680 up 0.87%

4) We may open gap up of around 140-150 pts and follow global futures as the day progresses.Today day belong to bulls.

5)Support and resistance for Nifty and Banknifty  for intraday.

6)Nifty option pain is at 10500 and banknifty option pain is at 22000.

7)Nifty may trade between 10400 and 11000 and banknifty may trade between 21000 and 23000 for this week.this are very strong support and resistances as per oi chain.

8)Results and important events today and over the weekends.



9)Stocks in news.

HDFC Bank
Q1 Update
Deposits at Rs 11895 bn, +24.6%YOY & +3.75%QOQ
Advances at Rs 10045 bn, +21.1%YOY & +1.2%QOQ
Low cost deposit share at 40% vs 39.7%YOY & vs 42%QOQ

Induslnd Bank
Q1 update
Net Advances Rs 200357 v/s 193520 cr Up 4% YoY and v/s 206783 Down 3.1% QoQ
Deposits Rs 211970 v/s 200586 cr Up 6% YoY and v/s 202040 Up 4.9% QoQ
CASA Ratio 40.2% v/s 43% YoY and 40.4% QoQ

NFL
NFL has achieved highest-ever fertilizer sale of 12.85 Lakh MT in first quarter (April-June) of this financial year
This is about 21.5% higher than the sales of 10.57 LMT made by company in the first quarter of 2019-20

NLC India / Coal India
Forms a 50:50 JV to develop solar and thermal power assets to the tune of 5000 MW on a pan India basis

BHARTI AIRTEL
UK Government and Bharti win to acquire satellite operator OneWeb

Indigo / SpiceJet
International flights To and From India to remain suspended till July 31

REC / PFC
Power Minister asks REC / PFC to offer cheaper loan to power companies to using local equipment 
PFC-REC loan amount for discoms may increase to Rs 1.25 lakh crore

RITES
Renews MoU with Coal India for Rail Infra works
Company sees increase in fee income due to scope of PACT and project pipeline 

L&T Finance 
To raise up to Rs 2,000 cr to fund biz growth

ICICI Bank
Board Meeting On July 8 To Consider Fund Raising

PVR
Board meeting today to discuss matter in connection with the Rights Issue, including the determination of rights issue price, record date, rights entitlement ratio etc.
Note: Board has already approved right issue of Rs 300 cr

Interesting changes coming in classification of stocks by AMFI 
Effect 
New entrant in Large Cap- SBI cards
 
+ve Upgrade from Mid to Large 
IGL
Adani green 
Abbott india
Cadila healthcare 
Alkem labs 
Tata consumer
MRF 

New entrants in Midcap - Sumitono Chemical 
Upgrade from Small to MidCap 
Escorts 
ITI
Jubilant life 
Metropolis 
TTk prestige

NFL, RCF , Chambal , mangalore chem &fert. , UPL, PI ind 
Fertilizer sales jump 83% to 111.61lak to. In Apr- Jun 

10)Results

Indiabulls Housing Finance
Q4FY20 YoY
Total revenues Up 3.9% to 2954 v/s 2843 cr
PAT down 75.2% to 137 v/s 552 cr
Provided 700 cr provisions from the P&L on account of COVID-19
Moratorium down to 20% from peak of 35%
GNPA ratio at 1.84% vs 1.94%QOQ

Sobha Ltd
Q1 update
Sales volume down 38.9% to 650400 sqft v/s 1063632 sqft
Sales value down 40.5% to  Rs 393.1 cr v/s 660.6 cr
Average price realization Up 2.5% to Rs 7498 v/s 7312 per sqft
we were able to clock 70% of sales volume during Ql-21 as compared to 04-20

Marico 
Q1 Update 
Domestic Volumes To Fall In Low Teens YoY In April-June              
Operations At Near-normal  Levels In June          
Operating Margins To Expand  YoY In April-June 
Saffola Edible Oils posted healthy volume growth

11)F&O BAN
Enters Ban: IBHSGFIN
Still In Ban: Glenmark/ Idea/ Sail

12)Happy Trading

13)Follow our telegram channel 'Optionstraders' for calls on equity and options.

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