Economic Times

Business Standard

Ø  Rel Jio is world’s largest startup: Mukesh Ambani

Ø  Cos with over Rs 500 cr net-worth under new Ind AS

Ø  Credit growth in Indian banks Slows down, says RBI

Ø  RBI allows infra firms to borrow overseas for short tenor

Ø  Fed's Evans sees high hurdle to April rate hike

Ø  Exiting UK operations a logical way of de-risking businesses: Tata Steel

Ø  India, WB sign $1.5 bn loan pact for Swachh Bharat Mission



Ø  Banks may not buy Mallya's settlement offer by September

Ø  RBI's take on liquidity most important in the policy: Economists

Ø  Cameron likely to hold emergency meet on Tata Steel UK business

Ø  ONGC has found hydrocarbon deposit in Mizoram

Ø  Suzlon bags 48.30 Mw wind power project from Indian Oil Corp

Ø  Kalyani eyes tie-up with Italian firm for making small arms

Ø  Adani Group enters defence sector with statement of intent

Business Line

Ø   Small savings interest cut is ‘double taxation’: panel

Ø  Europe exit will help Tata Steel pare debt, trim losses

Ø  India-Australia joint research projects get $5.6 mn funding boost 

Ø  MOPE acquires 4.1% stake in Indian Energy Exchange

Ø  Special dividend for Hind Zinc shareholders

Ø  ‘Start-ups are not a bubble, they are a necessity’

Mint

Ø  RBI gives loan defaulters’ list to Supreme Court, seeks secrecy

Ø  UTI AMC continues to push for IPO; plans to offload 26% stake

Ø  Govt extends import taxes on some steel products till March’18

Ø  Kandla Port poised to reach three-figure mark in cargo handling

Ø  Tata Motors’ defence business bets its future on FICV

Ø  United Bank of India to raise Rs480 crore from govt via preferential allotment

Financial Express                

Ø  Sensex ends 438 points up on buying in metal, realty shares; Nifty settles at 7,735

Ø  Bharti Airtel's low-cost strategy unsustainable: BMI

Ø  Gas prices to dip 17 per cent to $3.15

Ø  Govt proposes strict penalty, jail term for ponzi operators

Ø  Vijay Mallya offers to pay Rs 4,000 cr to settle case



Financial Chronicle

Ø  ADB cuts India's growth forecast to 7.4% for 2016-17

Ø  RIL invests over Rs 1.5L cr in telecom, internet venture

Ø  Nestle dragged to court in UP over 'sub-standard' Maggi

Ø  Swavalamban subscribers can switch to APY: PFRDA

Ø  Sun Pharma shares gain 2%; m-cap up by Rs 4,238 cr

Market Update

Sgx Nifty +13 pts
‎Dow +83.55 pts ,Nsdq +22.67 pts , S&P +8.94 pts ‎, Bovespa +93 pts , Ftse +97 pts , Dax +158 pts  , Cac +77 pts  , Nikkei  +149 pts , now, Crude @ $38.06 brl (-0.26), Brent @ $39.26 brl (+0.12) , Gold @ $1228.80 (+0.20), Silver @ $15.25 (+0.03), Euro @ $1.1335, JPY @ $112.3600, INR @ $66.3850



Today's Corporate Action
31st Mar Ex Date


None


Today's Data Alert


Mar 31: Government finances for Apr-Feb, by CGA.

Mar 31: CPI for industrial workers for February, by Labour Bureau.

Mar 31: Core sector growth for February, by commerce and industry ministry




Today's Global Data



Mar 31: US March agricultural prices; 0030 IST

Mar 31: UK March consumer confidence survey; 0435 IST

Mar 31: Japan February preliminary report on petroleum statistics; 1000 IST

Mar 31: Japan February construction orders; 1030 IST

Mar 31: Japan February housing starts; 1030 IST

Mar 31: Germany February retail trade; 1130 IST

Mar 31: Japan Financial Stability Board briefing with G-20 Financial
Stability  Board Chairman Carney; 1230 IST

Mar 31: European Union March EuroCOIN indicator of economic activity; 1300
IST

Mar 31: Germany March labour market statistics; 1330 IST

Mar 31: UK Oct-Dec national accounts; 1400 IST

Mar 31: UK Oct-Dec revised business investment results; 1400 IST
‎
Mar 31: UK January service sector figures; 1400 IST

Mar 31: UK Oct-Dec balance of payments; 1400 IST

Mar 31: Bank of England February effective interest rates; 1400 IST

Mar 31: UK February monetary, financial statistics; 1400 IST

Mar 31: UK February lending to individuals, businesses, broad money and credit; 1400 IST

Mar 31: European Union March inflation flash estimate; 1430 IST

Mar 31: US March Challenger job-cut report; 1700 IST

Mar 31: US unemployment insurance initial claims for week ended Mar 26; 1800
IST

Mar 31: US weekly export sales; 1800 IST

Mar 31: US Oct-Dec international investment position; 1800 IST

Mar 31: US Federal Reserve Bank of Chicago President Evans to speak; 1900
IST

Mar 31: US March ISM-Chicago business survey; 1915 IST

Mar 31: US EIA natural gas storage report for week ended Mar 25; 2000 IST

NIFTY VIEW @ 09:13

Nifty 50 (7615)

If Nifty maintains below 7580 we can see selling which can take it to 7518/7480

7580..7600 is a strong support zone 

Good bounce can be seen today to 7644/7680/7708

Yesterday did not break 7580, the low was 7582. if breaks today we can see 7518/7480 levels.

And if maintains above 7660 we can see  7644/7680/7708 zone ..

NIFTY VIEW @ 09:26

Nifty 50 (7615)

If Nifty maintains below 7580 we can see selling which can take it to 7518/7480

7580..7600 is a strong support zone 

Good bounce can be seen today to 7644/7680/7708

Market Update

Sgx Nifty -3 pts
‎Dow +19.66 pts ,Nsdq -6.72 pts , S&P +1.11 pts ‎, Bovine  +1180 pts , Ftse Clsd , Dax Clsd , Cac Clsd , Nikkei  -105 pts , now, Crude @ $39.34 brl (-0.05), Brent @ $40.24 brl (-0.03) , Gold @ $1233.40 (+1.40), Silver @ $15.23 (+0.04), Euro @ $1.1200, JPY @ $113.3000, INR @ $66.5700



Today's Corporate Action
29th Mar Ex Date


BALAJITELE
Interim Dividend - Rs. - 0.8000
BALAJITELE
Special Dividend - Rs. - 0.4000
ORICON
Interim Dividend - Rs. - 0.5000
POWERMECH
Interim Dividend - Rs. - 1.0000
RADIXIND
Interim Dividend - Rs. - 1.0000
RAJESHEXPO
Interim Dividend - Rs. - 0.9000




Today's Global Data


Mar 29: UK CBI, PwC financial services survey; 0421 IST

Mar 29: Japan February labour force survey; 0500 IST

Mar 29: Japan February household spending; 0500 IST

Mar 29: Japan February preliminary retail sales; 0520 IST

Mar 29: European Union February monetary developments; 1330 IST

Mar 29: UK Financial Policy Committee press statement; 1530 IST


Mar 29: US The Retail Economist/Goldman Sachs chain store sales index for
week    ended Mar 26; 1715 IST
‎
Mar 29: US Johnson Redbook retail sales index for week ended Mar 26; 1825
IST

Mar 29: US January S&P/Case-Shiller home price index; 1830 IST

Mar 29: US March  consumer confidence index; 1930 IST

Mar 29: US Federal Reserve Chair Yellen to speak at Economic Club of New York;  2100 IST

Economic Times

Business Standard
Ø  Global financial safety net fails many emerging markets: IMF
Ø  Disney in talks with DLF brands for India retail foray
Ø  Govt, RBI taking tough action to recover dues: PM
Ø  ONGC bets $5 billion on east coast assets
Ø  Rajan for guidelines on monetary policy behaviour
Ø  Govt reconstitutes Board of Trade, first meet on Apr 6
Ø  Tata Sons to hold 49% stake in AirAsia India

Ø  Pay dues honourably or face coercive action: FM to Mallya
Ø  Prem Watsa picks up GVK's 33% stake in Bengaluru airport for Rs 2,149 cr
Ø  Govt to infuse Rs 5,050 crore in PSU banks
Ø  Lloyd's India syndicates to retain minimum reinsurance business: IRDAI
Ø  BSE to suspend trading in 31 companies effective March 31
Ø  Dr Reddy's inks Rs 3,266-cr pact with XenoPort
Business Line
Ø   3-year insurance after job cessation on cards for EPFO members 
Ø  Weak economy spurs demand for low-priced coffees 
Ø  JetLite merger: Jet to seek shareholders’ nod on April 22
Ø  ADB, USAID join hands to support India's clean energy expansion plan
Ø  Steel Strips bags €15-mn order from PSA Peugeot Citroen 
Ø  ARSS Infra Proj wins Rs. 109 cr contract in Odisha 
Mint
Ø  LIC increases stake in IDBI Bank to 14.37%
Ø  Coal scam: JIPL and its directors convicted of criminal conspiracy and cheating
Ø  Tata Power SED targets nearly Rs7 trillion in defence opportunities, says CEO
Ø  Biocon’s insulin glargine gets Japanese approval
Ø  Dell sells IT services unit to Japan’s NTT Data for $3 billion
Ø  Regulator defers decision on importing genetically modified animal feed
Financial Express                
Ø  Sensex plunges 371 points on profit booking, Nifty settles at 7,615; Metal stocks tumble
Ø  'Inflation seen at 5 pct in March; RBI to cut rates by 25 bps'
Ø  India internet speed lowest at 2.8 mbps, Korea tops at 26.7 mbps
Ø  State govts likely to run wider fiscal deficit in FY17: HSBC

Financial Chronicle
Ø  Grading of monetary policies needed: RBI paper
Ø  Fertiliser subsidy may come down by Rs 10k cr in FY17
Ø  Jewellery demand set to go down by 40-50 tonnes
Ø  Subsidy scheme to rescue shipbuilding firms
Ø  Earnings season may define FPI enthusiasm for India

Economic Times

Business Standard

Ø  KKR to use $10 bn global pool for India assets

Ø  Rs 4,000-cr wind energy investments to become NPAs

Ø  SBI to set up special China desk to attract Chinese investors

Ø  No bank defaulter to be spared, says NarendraModi

Ø  India has one thing China does not: World-class companies

Ø  Traders want govts to open Ind-Pak trade routes

Ø  Tata to decide fate of its two UK plants this week

Ø  Govt not to coerce Vodafone, Cairn on retro tax case: FM



Ø  Shree Cement readies Rs 6,000 cr for expansion

Ø  Tata Motors to supply 619 trucks to Indian Army

Ø DhirubhaiAmbani, Kher, Saina to be given Padma awards

Ø  USFDA observations on 2 units not to impact products: Natco

Ø  Tata to decide fate of its two UK steel plants this week

Ø  Maharashtra mulls uniform electricity tariff for Mumbai and suburbs

Ø  EPFO to invest more in G-Secs for infra development

Business Line

Ø  ‘Strong patent regime the only way to boost drug innovation’ 

Ø  Model code of conduct may delay coal mine allotment

Ø  DoT plans to begin spectrum auction by mid-July

Ø  IDBI Bank staff going on strike from Monday

Ø  Japan looks to kick-start fintech revolution 

Ø  India’s aluminium consumption to rise to 20 million tonnes, says Vedanta chief 

Ø  Yokohama to buy Alliance Tire in $1,179-million deal 

Mint

Ø  Govt to build 5 lac ponds in rural areas: NarendraModi

Ø  Heineken’s United Breweries gambit, CAD decline and water woes

Ø  Direct transfer of LPG subsidy has saved Rs15,000crore: PM Modi

Ø  Sharp, Foxconn to sign takeover deal next week: report

Ø  JSW said to offer guarantees to fund Jindal Power plant purchase

Financial Express                

Ø  A fourth of all MF debt is now lower-grade paper

Ø  Top 7 companies add Rs 38,623 crore in Market Capitalisation

Ø  Gujarat NRE Coke assets see no takers

Ø  FPIs turn net buyers; pour in $2.5 bn in capital markets

Ø  Equity mutual funds add 39 lakh investor accounts in FY16



Financial Chronicle

Ø  FPIs turn net buyers, pour in $2.5b in capital markets

Ø  Adani offers 49% stake in Dhamra LNG project

Ø  India to pay $334.7m annually till 2019-20 for 8.52% stake in AIIB

Ø  Stocks likely to see volatility on derivatives expiry

Ø  Govt to ensure that jewellers are not harassed: FM

Market Update

Sgx Nifty +9 pts
‎Dow +13.14 pts ,Nsdq +4.64 pts , S&P -0.77 pts ‎, Bovine  -32 pts , Ftse -92 pts , Dax -177 pts , Cac -94 pts , Nikkei  +137 pts , now, Crude @ $39.73 brl (+0.27), Brent @ $40.64 brl (+0.20) , Gold @ $1215.70 (-7.80), Silver @ $15.21 (+0.00), Euro @ $1.1156, JPY @ $113.4500, INR @ $66.6362



Today's Corporate Action
28th Mar Ex Date


GALLISPAT
‎Interim Dividend - Rs. - 1.0000
ASMTEC
Interim Dividend - Rs. - 6.0000
CYIENT
Interim Dividend - Rs. - 4.0000
DEEPAKSP
Interim Dividend - Rs. - 2.0000
DHANUKA
Interim Dividend - Rs. - 4.0000
DLF
Interim Dividend - Rs. - 2.0000
GEOJITBNPP
Interim Dividend - Rs. - 1.0000
LKPFIN
Interim Dividend - Rs. - 7.0000
LLOYDSTEEL
Reduction of Capital 
LLOYDSTEEL
Scheme of Arrangement 
LLOYDSTEEL
Spin Off 
MANPASAND
Interim Dividend - Rs. - 1.0000
NESCO
Interim Dividend - Rs. - 8.5000
PRADPME
Interim Dividend - Rs. - 0.6000
PREMCO
Interim Dividend - Rs. - 2.5000
SASKEN
Interim Dividend - Rs. - 4.0000
SASKEN
Special Dividend - Rs. - 25.0000
SHILPAMED
Interim Dividend - Rs. - 0.6000
TWL
Interim Dividend - Rs. - 0.8000
VMART
Interim Dividend - Rs. - 1.1500

Market Update

Sgx Nifty +6 pts
‎Dow -41.30 pts ,Nsdq +12.79 pts , S&P -1.80 pts ‎, Bovespa  -161 pts , Ftse +8 pts , Dax +41 pts , Cac +4 pts , Nikkei  +2 , now, Crude @ $41.14 brl (-0.31), Brent @ $41.60 brl (-0.19) , Gold @ $1248.80 (+0.20), Silver @ $15.93 (+0.04), Euro @ $1.1215, JPY @ $112.2200, INR @ $66.7175



Today's Corporate Action
23rd Mar Ex Date


DAICHI
Interim Dividend - Rs. - 3.0000
INSECTICID
Interim Dividend - Rs. - 2.0000
NATIONALUM
Interim Dividend - Rs. - 1.2500
NUCLEUS
Interim Dividend - Rs. - 5.0000
SIMMOND
Interim Dividend - Rs. - 0.5000




Today's Global Data


Mar 23: US API Weekly Statistical Bulletin; 0130 IST

Mar 23: US Federal Reserve Bank of Philadelphia President Harker to speak at Money Marketeers event; 0430 IST

Mar 23: European Central Bank to publish annual SSM report; 1430 IST

Mar 23: UK March agents' summary of business conditions; 1500 IST

Mar 23: US MBA weekly mortgage applications survey for week ended Mar 18;1630 IST

Mar 23: US February new residential sales data; 1930 IST

Mar 23: US Energy Information Administration weekly petroleum stats report; ‎2000 IST

Economic Times

Business Standard

Ø  Multinational foreign banks exiting India to protect profitability 

Ø  'Indian oil imports to drop 10% over next 6 yrs'

Ø  Punj Lloyd’s JP Chalasani to join Suzlon as CEO

Ø  BPCL to spend Rs 10k cr to boost refining capacity

Ø  Edelweiss Asset Management to acquire JP Morgan’s MF

Ø  Global coordinated easing won’t last: Goldman Sachs



Ø  PSU general insurers may see up to 10% stake sale

Ø  Indian refiners to import Iranian crude oil at lower prices

Ø  Fiscal deficit range may be set at 30-40 bps

Ø  Sebi impounds Rs 1.4 crore in Gammon insider trading case

Ø  MCX ranking up in global comex futures

Ø  Shadow over SunEdison India's solar projects

Business Line

Ø  Centre rolling in cash, but economy runs dry

Ø  Unions appeal to Tata Steel UK ahead of March 29 meet

Ø  India to host 8th BRICS Summit in October in Goa

Ø  Yen and Swiss franc rise as Brussels explosions spur safety flows

Ø  Rupee ends down 18 paise to 66.71 

Ø  Coal Ministry identifies 14 blocks for CBM extraction 

Mint

Ø  Tariff regulator proposes 7% hike in Mumbai airport charges

Ø  Cadila gets WHO warning for its Moraiya vaccine plant in Gujarat

Ø  Sebi imposes interim ban on Sharepro, promoters

Ø  Tata Sons buys over 1% stake in Titan for around Rs312 crore

Ø  Williamson Magor Group firms to merge with EMC

Ø  Deutsche Bank declines as Moody’s signals downgrade risks

Financial Express                

Ø  BSE Sensex ends 45 points up, NSE Nifty settles at 7,714

Ø  Indian nuke facilities face 'insider threats': US report

Ø  'Airtel, ATC mobile tower sale deal pegged at $200 mn'

Ø  RBI to cut rates by 25 bps on April 5, 50 bps in FY17: BofA-ML

Ø  Banks' asset quality to remain under pressure this year: S&P



Financial Chronicle

Ø  Penalty for delay in settling crop insurance claims: govt

Ø  Renault Nissan factory to begin third shift ops

Ø  Aurobindo stock outshines peers

Ø  Bajaj enters life care segment, eyes Rs 1k cr revenue

Ø  Govt wants 4.5 lakh km roads to be build by 2019

Ø  Max Fashion girds up to battle global brands

CALL OF 21/03/2016 MONDAY

@ 12:14

Buy Tata Steel ltp 302 

intraday sl 300 

trgt 306

MADE A HIGH OF 306.70

SHORT TERM TRGT HIT

NIFTY VIEW @ 09:03

Nifty 50 (7704)

As we have been saying Nifty
Can show a rally of 300..340..380 points above 7600 now its on its way to 7900 ..7940..7980 zone  

Strong support lies around 7600 

Today above 7715 we can again see a rally of 100 points and it will complete its positive pattern formation of 3 shoulders. 


Positional support is 7400 

Close below 7600 can show selling pressure and cooling down of the rally..

Economic Times

Business Standard

Ø  India loves conspiracy theories: FM Jaitley on rift with RBI

Ø  Airbus in talks with Bharat Forge and M&M to forge some of its parts in India 

Ø  Oil up on drawdown data; eyes on US output

Ø  India to get $421 mn from US for solar, internet projs

Ø  Govt may permit 100% FDI in more NBFC segments

Ø  Airtel seals deal to sell towers to ATC in Tanzania

Ø  Excess rainfall in over 72% of the country in March: IMD



Ø  Rajan for global pact for monetary policy issues

Ø  CCI asks PVR to sell some assets to clinch deal with DT Cinemas

Ø  India's current account deficit for Q3 dips to 1.3% of GDP

Ø  Brokers say no to no-frills demat accounts

Ø  ED interrogates IDBI officials in Kingfisher loan case

Ø  Govt permits export of 723 tonne of more sugar to US under low tariff rates

Ø  PE & VC industry welcomes Guidelines for application of sec 9A

Ø  MCX improves global commodity exchanges ranking

Business Line

Ø  FIPB okays 15 FDI proposals worth Rs.7,261 crore, rejects 10

Ø  Brokers’ forum appeals to SEBI for status quo on minimum networth

Ø  Nippon Life gets FIPB nod for increasing stake in Reliance Life to 49%

Ø  BHEL commissiones second 270-MW thermal unit for GVK Power 

Ø  Investments via P-Notes slump to 18-month low of Rs. 2.18 lakh cr

Mint

Ø  Govt prepares bailout for steel sector

Ø  Infibeam’s Rs 450 crore IPO subscribed 0.21 times on Day 1

Ø  Ambit of equalization levy likely to cover more online transactions

Ø  Jindal brothers said to be near $782 million power plant deal

Ø  New defence procurement procedure to be unveiled at Defexpo

Ø  Department of telecom may not auction all 700 Mhz spectrum in one go

Financial Express                

Ø  Sensex ends above 25,000; Nifty50 settles above 7,700

Ø  RBI to cut rates by 25 bps on April 5: Deutsche Bank

Ø  No reply to Income Tax notice would be at own risk: Delhi High Court to Vodafone

Ø  Delhi HC extends till March 28 interim stay on ban of some FDC drugs

Ø  Jewellers divided on excise hike; Delhi, Mumbai shops shut due to strike



Financial Chronicle

Ø  Growth prospects positive as reforms gain traction: D&B

Ø  Govt, industry chambers pledge to protect consumers

Ø  Emerging markets see a reversal of fortunes

Ø  IKEA announces euro 12.4 million grant to Water.org

Ø  Banks on 4-day holiday from Thursday

Ø  Britannia to terminate share transfer agent

Ø  VFS raises Rs 10 cr from Capital First

Market Update

Sgx Nifty +25 pts
‎Dow +21.57 pts ,Nsdq +13.22 pts , S&P +2.02 pts ‎, Bovespa  +356 pts , Ftse -5 pts , Dax -2 pts , Cac -34 pts , Nikkei  +284 , now, Crude @ $41.61 brl (+0.09), Brent @ $41.54 brl (+0.34) , Gold @ $1243.90 (-0.30), Silver @ $15.84 (-0.00), Euro @ $1.1234, JPY @ $112.1300, INR @ $66.5350



Today's Corporate Action
22nd Mar Ex Date


AARTIDRUGS
Interim Dividend - Rs. - 3.0000
AARTIIND
Interim Dividend - Rs. - 3.5000
ACE
Interim Dividend - Rs. - 0.2000
ADANIENT
Interim Dividend - Rs. - 0.4000
ADANIPORTS
Interim Dividend - Rs. - 1.1000
AMARAJABAT
Interim Dividend - Rs. - 4.2500
AMNPLST
Interim Dividend - Rs. - 0.2000
AMRTCORP
Interim Dividend - Rs. - 6.0000
ANUHPHR
Interim Dividend - Rs. - 2.0000
APARINDS
Interim Dividend - Rs. - 5.5000
APARINDS
Special Dividend - Rs. - 1.0000
APOLLOHOSP
Interim Dividend - Rs. - 6.0000
ASAHISONG
Interim Dividend - Rs. - 2.0000
ASHIANA
Interim Dividend - Rs. - 0.5000
AUDICH
Interim Dividend - Rs. - 3.5000
BEARDSELL
Interim Dividend - Rs. - 1.2000
BLUESTARCO
Interim Dividend - Rs. - 6.5000
BRIGADE
Interim Dividend - Rs. - 2.0000
CEATLTD
Interim Dividend - Rs. - 11.5000
DALMIABHA
Interim Dividend - Rs. - 2.0000
DALMIACEM
Interim Dividend - Rs. - 0.6000
DECCANCE
Interim Dividend - Rs. - 5.0000
DENISON
Interim Dividend - Rs. - 10.0000
DYNPRO
Interim Dividend - Rs. - 1.5000
EICHERMOT
Interim Dividend - Rs. - 100.0000
ELEMARB
Interim Dividend - Rs. - 2.0000
EMKAY
Interim Dividend - Rs. - 1.0000
FCL
Interim Dividend - Rs. - 0.2000
GEECEE
Interim Dividend - Rs. - 1.5000
GEOMETRIC
Interim Dividend - Rs. - 3.0000
GOODLUC
Interim Dividend - Rs. - 0.7500
GPTINFRA
Interim Dividend - Rs. - 1.0000
GRAPHITE
Interim Dividend - Rs. - 2.0000
GRINDWELL
Interim Dividend - Rs. - 6.5000
GULFPETRO
Interim Dividend - Rs. - 0.4000
HATSUN
Interim Dividend - Rs. - 1.5000
HIMATSEIDE
Interim Dividend - Rs. - 1.0000
IFGLREFRAC
Interim Dividend - Rs. - 2.0000
KDDL
Interim Dividend - Rs. - 1.5000
KEC
Interim Dividend - Rs. - 1.0000
KNRCON
Interim Dividend - Rs. - 1.0000
LGBBROSLTD
Interim Dividend - Rs. - 2.5000
LUXIND
Interim Dividend - Rs. - 6.0000
MAHSCOOTER
Interim Dividend - Rs. - 30.0000
MAITHANALL
Interim Dividend - Rs. - 2.0000
MANAPPURAM
Interim Dividend - Rs. - 0.4500
MASTEK
Interim Dividend - Rs. - 1.0000
METALCO
Interim Dividend - Rs. - 1.0000
MONSANTO
Interim Dividend - Rs. - 15.0000
MOTHERSUMI
Interim Dividend - Rs. - 2.5000
MOTILALOFS
Interim Dividend - Rs. - 1.5000
NANDAN
Interim Dividend - Rs. - 0.8000
NATFIT
Interim Dividend - Rs. - 2.0000
NELCAST
Interim Dividend - Rs. - 0.4000
NILE
Interim Dividend - Rs. - 3.0000
OCL
Interim Dividend - Rs. - 4.0000
PIIND
Interim Dividend - Rs. - 1.9000
PODARPIG
Interim Dividend - Rs. - 2.5000
PRECAM
Interim Dividend - Rs. - 1.0000
PRIMAPLA
Interim Dividend - Rs. - 1.0000
RAJOOENG
Interim Dividend - Rs. - 0.2500
RAJPALAYAM
Interim Dividend - Rs. - 3.0000
RASRESOR
Interim Dividend - Rs. - 1.0000
RJL
Interim Dividend - Rs. - 2.0000
ROSSELLIND
Interim Dividend - Rs. - 0.5000
RPGLIFE
Interim Dividend - Rs. - 1.6000
RUBYMILLS
Interim Dividend - Rs. - 1.2500
RUPA
Interim Dividend - Rs. - 2.7500
SABTN
Spin Off 
SAGCEM
Interim Dividend - Rs. - 5.0000
SANGHVIMOV
Interim Dividend - Rs. - 3.0000
SARLAPOLY
Interim Dividend - Rs. - 0.8000
SHILCTECH
Interim Dividend - Rs. - 2.0000
SHREEPUSHK
Interim Dividend - Rs. - 1.0000
SIMPLEXCAS
Interim Dividend - Rs. - 0.5000
SKMEGGPROD
Interim Dividend - Rs. - 1.0000
SOTL
Interim Dividend - Rs. - 5.0000
SUPPETRO
Interim Dividend - Rs. - 1.5000
SUPREMEIND
Interim Dividend - Rs. - 5.0000
SWELECT
Interim Dividend - Rs. - 3.0000
SYNTHFO
Stock  Split From Rs.10/- to Rs.5/-
TANLA
Interim Dividend - Rs. - 0.2000
TCI
Interim Dividend - Rs. - 0.9000
TITAN
Interim Dividend - Rs. - 2.2000
TRITURBINE
Interim Dividend - Rs. - 0.7000
ULTRAMAR
Interim Dividend - Rs. - 3.5000
VEERENRGY
Consolidation of Shares 
VISHNU
Interim Dividend - Rs. - 1.0000
ZENSARTECH
Interim Dividend - Rs. - 7.0000





Today's Global Data


Mar 22: Japan March Flash Manufacturing PMI; 0730 IST

Mar 22: Japan financial markets closed for Vernal Equinox

CALL OF 18/03/2016 FRIDAY

@ 09:18

Buy Ambuja Cem abv 221 

sl 217 

trgt 228/232

ALL TRGT HIT

CALL OF 16/03/2016 WEDNESDAY

@ 03:19

Buy Ashok Leyland ltp 96 

sl 94.80 

trgt 100.40


TRGT HIT

CALL OF 18/03/2016 FRIDAY

@ 12:20

Buy HDFC ltp 1120 

sl 1110 

trgt 1140

TRGT DONE 

Market Update

Sgx Nifty +5 pts
‎Dow +120.81 pts ,Nsdq +20.66 pts , S&P +8.99 pts ‎, Bovespa  -99 pts , Ftse -11 pts , Dax +58 pts , Cac +19 pts , Nikkei  Clsd , now, Crude @ $39.11 brl (-0.33), Brent @ $41.11 brl (-0.09) , Gold @ $1253.20 (-0.20), Silver @ $15.81 (+0.00), Euro @ $1.1281, JPY @ $111.3800, INR @ $66.5063



Today's Corporate Action
21at Mar Ex Date


ALBERTDA
Interim Dividend - Rs. - 5.5000
ALLCARGO
Interim Dividend - Rs. - 1.0000
BENGALASM
Interim Dividend - Rs. - 10.0000
CHAMANSE
Interim Dividend - Rs. - 0.4400
COSMOFILMS
Interim Dividend - Rs. - 10.0000
DBCORP
Special Dividend - Rs. - 3.2500
GOLCRSFI
Interim Dividend - Rs. - 1.2500
GRANDFONRY
Reduction of Capital 
GRAUWEIL
Interim Dividend - Rs. - 0.2000
HARITASEAT
Interim Dividend - Rs. - 3.5000
HEROMOTOCO
Interim Dividend - Rs. - 40.0000
HINDUJAVEN
Interim Dividend - Rs. - 17.5000
IGARASHI
Interim Dividend - Rs. - 4.0000
KALPATPOWR
Interim Dividend - Rs. - 1.5000
KARURVYSYA
Interim Dividend - Rs. - 10.0000
KIRLOSBROS
Interim Dividend - Rs. - 0.5000
KIRLOSIND
Interim Dividend - Rs. - 20.0000
KIRLPNU
Interim Dividend - Rs. - 7.0000
MAYURUNIQ
Interim Dividend - Rs. - 0.8500
MMFL
Interim Dividend - Rs. - 3.0000
NILKAMAL
Interim Dividend - Rs. - 4.5000
NRBBEARING
Interim Dividend - Rs. - 1.4000
PHL
Interim Dividend - Rs. - 9.0000
PRECWIRE
Stock  Split From Rs.10/- to Rs.5/-
RAMRAT
Interim Dividend - Rs. - 0.7500
REMIELEK
Interim Dividend - Rs. - 5.0000
REMIPRO
Interim Dividend - Rs. - 1.0000
SHARDACROP
Interim Dividend - Rs. - 3.0000
STERTOOLS
Interim Dividend - Rs. - 5.0000
SUDARSCHEM
Interim Dividend - Rs. - 2.5000
SUNCLAYLTD
Interim Dividend - Rs. - 20.0000
SUNTV
Interim Dividend - Rs. - 7.5000
VICTMILL
Interim Dividend - Rs. - 50.0000
VINATIORGA
Interim Dividend - Rs. - 3.5000
VSTTILLERS
Interim Dividend - Rs. - 15.0000
WELSPUNIND
Interim Dividend - Rs. - 6.0000
WELSPUNIND
Stock  Split From Rs.10/- to Rs.1/-

Economic Times

Business Standard

Ø  'Despite a bad monsoon, India will deliver growth in excess of 6%' 

Ø  India's per capita income to cross Rs 1 lakh in FY17

Ø  Relief for Vodafone: Retro tax settlement scheme from June 1

Ø  Oli in China on maiden visit with eye on key deals

Ø  Corporate Affairs Ministry amends norms related to buyback offers

Ø  Anil Agarwal's $10 billion LCD plant to start production in 2018

Ø  Wheat production to be higher than in the previous year 



Ø  Maruti races ahead to capture nearly half the market

Ø  Fixed-dose drug ban boosts hope for ayurveda

Ø  Lafarge India begins Rs 10,000-cr sell-off

Ø  Historic gas auction witnesses negative bids from power plants

Ø  Govt defends interest rate cut on small savings

Ø  Mallya default singes top auditing companies

Ø  Thousands of Tata Steel UK employees fear rejection of rescue plan

Ø  Sebi mulls allowing bank KYC for securities markets

Business Line

Ø   Exporters risk being blacklisted when new EU rule kicks in

Ø  Centre introduces new norms for plastic waste disposal

Ø  ‘Auto firms should go green, not wait for regulatory push’

Ø  Jewellers call off 19-day strike as Centre sets up task force 

Ø  Exporters risk being blacklisted when new EU rule kicks in

Ø  BERC to announce new power tariff on Monday

Mint

Ø  Patanjali will overtake Colgate and Unilever: Baba Ramdev

Ø  Parliament panel favours bringing tobacco production under regulatory regime

Ø  China’s central bank chief sounds warning over rising debt

Ø  Banks await RBI policy before cutting rates

Ø  Adani’s licence request for CNG-retailing in Lucknow rejected

Financial Express                

Ø  FPIs infuse Rs 11,000-cr in stock markets in March

Ø  Dabhol, GMR, GVK, Lanco secure gas under PSDF scheme

Ø  Top 6 cos add Rs 37,414 cr in M-cap; TCS lead gainer

Ø  IRDA okay with LIC investment in public sector banks

Ø  Online shopping to rise by 78% this year: Assocham-PwC



Financial Chronicle

Ø  Govt to borrow Rs 3.5 lakh cr in April-Sept

Ø  Bullion best performer, but may not sustain gains

Ø  Emerging markets see a reversal of fortunes

Ø  Edible oil imports up on growing demand and slowing production