MORNING UPDATES



31/12/2015
HAPPY NEW YEAR

08/12/2015
Market Update:
Sgx Nifty -55pts 7755
at 7.15am
Dow -117.12 pts ,Nsdq -40.46 pts , S&P -14.42 pts ,Bovespa -138 pts , Ftse -14 pts , Dax +133 pts, Cac +41 pts, Nikkei  -29 pts , now, Crude @ $37.80 brl (+0.15), Brent @ $40.73 (-2.27) , Gold @ $1071.00 (-4.20), Silver @ $14.24 (-0.09), Euro @ $1.0836, JPY @ $123.2700, INR @ $66.7337


 Today's Corporate Action
8th Dec Ex Date
INDSILHYD

Dividend - Rs. - 1.2000

 07/12/2015
Market Update:
Sgx Nifty +39 pts
Dow +369.96 pts ,Nsdq +104.74 pts , S&P +42.07 pts ,Bovespa -1030 pts , Ftse -36 pts , Dax -37 pts, Cac -15 pts, Nikkei  +245 pts , now, Crude @ $39.43 brl (-0.54), Brent @ $42.99 (-0.01) , Gold @ $1082.60 (-1.50), Silver @ $14.47 (-0.05), Euro @ $1.0874, JPY @ $123.2100, INR @ $66.6875

 ADR/GDR

 Cogni: +2.09%
Infy: +1.49%
Wit" +0.33%
IciciBk: +0.38%
HdfcBk: +1.50%
DrRdy: +0.44%
TataMoT: +0.71%
TatSt: +1.10%
Axis: +0.58%
SBI: +0.84%
RIL (-0.34%)

 Today's Corporate Action
7th Dec Ex Date

 INDSILHYD

Dividend - Rs. - 1.2000

 03/12/2015
Market Update:

 Sgx Nifty -48 pts
Dow -158.61 pts ,Nsdq -33.08 pts , S&P -23.12 pts ,Bovespa -132 pts , Ftse +25 pts , Dax -71 pts, Cac -8 pts, Nikkei  -26 pts , now, Crude @ $40.25 brl (+0.31), Brent @ $42.49 (-1.95) , Gold @ $1053.40 (-0.40), Silver @ $13.98 (-0.02), Euro @ $1.0606, JPY @ $123.2600, INR @ $66.6050



 01/12/2015
Economic Times

 ·         IMF approves yuan for benchmark currency

 ·         India's GDP growth at 7.4%: Experts' take

 ·         GDP growth will be better this fiscal: FM Arun Jaitley

 ·         April-Oct fiscal deficit touches 74% of full-year target

 ·         Morgan Stanley to cut up to 25% of fixed-income jobs

 ·         Manappuram Finance to raise Rs 2,000 crore via NCDs

 ·         Natco shareholders approve amalgamation of subsidiary with company

 ·         European shares gain as prospect of ECB boost helps carmakers

 ·         Transport Minister Nitin Gadkari gives nod for road projects in Punjab

 ·         Locomotive factories in Bihar to boost mfg growth: Suresh Prabhu

 ·         DoT speeds up spectrum harmonisation of 1800 Mhz airwaves

 ·         IVRCL says senior lenders to meet this week

 ·         Pidilite Industries buys some assets of CIC Holdings

 ·         Chennai Port mulling relaxing cargo dwell time: Chairman

 ·         Emami to hike paperboard investment to Rs 2,000 crore in 3 years

 ·         Non-banking finance companies step in to fill the void, lend more to SMEs

 ·         PVR to add 23 screens, take total to 500 this fiscal

 ·         Cipla ready to launch low dose HIV drug 'Efavirenz'

 ·         McDowell Holdings' pledged stake in UBL falls to 3.02 per cent

 ·         Kwality starts product sale under brand name 'Kwality'

Mint

 ·         Petrol price cut by 58 paise, diesel price by 25 paise

 ·         Airtel to invest Rs60,000 crore over 3 years to upgrade network

 ·         RBI unlikely to act on policy rate till Union Budget

 ·         Nestle resumes Maggi noodles production at all five plants in India

 ·         Maruti Suzuki plans land acquisition subsidiary for new dealerships

 ·         Transporting coal via waterways can save govt Rs10,000 cr annually: Nitin

 ·         Bookmyshow eyes $4 million in ad sales

 ·         Small NBFCs plan to build sales teams to draw customers

 ·         HDFC to list masala bonds in London

 ·         Relief for Adani Power in additional SEZ tax case

 ·         Bad loans may rise for Shriram Transport Finance

 ·         Smaller infra companies reward investors as larger rivals struggle

 ·         Small NBFCs plan to build sales teams to draw customers

 ·         Excess supply takes sheen off government bonds

 ·         Asset sales point to consolidation in cement sector

 ·         RIL faces 40% cut in marketing margin on KG-D6 gas

 ·         Patanjali to invest Rs1000 crore on expansion-Ramdev

Business Line

 ·         With Jio launch near, Airtel to spend ₹60,000 cr on network

 ·         SEBI outlines new listing norms for exchanges

 ·         Quikr set to buy Commonfloor for $200 million

 ·         Euro Zone banking on Draghi to spur economy

 ·         ‘We have kept staff insulated from board-level happenings’ : USL

 ·         Plea for ban on Volkswagen vehicles’ sale: NGT notice to Centre

 ·         Tata Motors set to launch new hatchback Zica in 2016

 ·         Dr Lal Pathlabs IPO opens next week for its Rs6.4bn IPO

 ·         Softbank leads $120 m funding in Grofers

 ·         Volvo to use FAME India scheme for hybrid bus

 ·         IDBI Bank stock soars on reports of IFC picking up stake

 ·         MFs exposure to bank stocks hits record high of Rs. 85,376 cr

 ·         Rajesh Exports bags export order worth Rs. 1,122 cr

 ·         Subex allots over 1.86 crore shares upon bond conversion

 ·         RBI eases norms for accessing foreign loans

 ·         Defence & Aerosupply conclave begins in Hyderabad

 ·         Pranab: Amul model should be emulated in other agri sectors

 ·         States want NITI Aayog to be a knowledge disseminating body

 ·         Port at Thane Creek in 3 months

 ·         Miles to go for Essar, Rosneft deal

 ·         Aircel bullish on data, launches new packs

Business Standard

 ·         Cochin Shipyard IPO set to sail well

 ·         Listing norm breach may lead to freezing of promoter holding

 ·         Indian firms line up for Welspun's green projects

 ·         Luxury cars get cheaper as makers line up models

 ·         Smallcap index outperform Sensex, midcap second straight month

 ·         Tatas make a foray into branded instant coffee

 ·         SKS Microfinance: Gearing up for competitive days


24/11/2015

India Capital World Mkts Update:
SGX Nifty: 7822(-30)
DJ: 17793(-31)
NASDAQ 5103(-2)
FTSE: 6305(-29)
HANGSENG: 22477(-189)
NIKKEI: 19864(-19)

 Fno ban :
DLF 
IBREALEST 

UNITECH
24/11/2015
Economic Times

 Business Standard

 ·         SC asks Vodafone to pay Rs 2,000 crore for merger

 ·         Two-wheeler makers ride the online wave

 ·         Will Vijay Mallya chair United Spirits meet?

 ·         Nestle India aims to restore fast growth

 ·         Titan, HP to jointly make smartwatches for India, global markets

 ·         Post Maggi blues: All F&B product launches on hold

 ·         Bigger may be better for TV ratings

 ·         Mallya ready to smoke the peace pipe with banks

 ·         Coal for power units to be tested

 ·         GMR's gas power plant begins commercial operation

 ·         Will have full control over Gujarat plant: Maruti

 ·         Govt appoints 3 independent directors on ONGC board

 ·         RIL tanks up on biofuels to cut emissions

 ·         Pfizer-Allergan deal could open up opportunities for Indian drugmakers

 ·         Aurobindo's strong run to continue

Business Line

·         Metals touch new lows, give most Indian firms a high

 ·         Tata Comm renegotiating South African arm sell-off

 ·         Pfizer to buy Allergan in mega $160-billion deal

 ·         Tamil Nadu coast may have to contend with the next ‘low’ in a week’s time

 ·         Qatar’s RasGas may waive penalty on Petronet LNG for lower offtake

 ·         Nestle resumes production of Maggi Noodles at Uttarakhand

 ·         IOC Gujarat refinery to set up 1,400 MW solar power unit

 ·         United Spirits shareholders told to reject adoption of accounts at today’s AGM

 ·         FSSAI nod for use of natural sweetener

 ·         Apollo Group to provide diabetes care to Malaysia

 ·         Ricoh India wins Rs. 400-cr biz order from Vakrangee

 ·         Strides Shasun suspends production at API facility in Cuddalore unit

 ·         Suzlon bags maiden order from Hero Future Energies

 ·         Are Indian supplies to Nepal falling at undisturbed gates, too?

Economic Times

·         D-St bets on GST consensus, bill passage hopes fire up stocks

 ·         Tata Steel likely to raise $1.5 bn to refinance debt

 ·         GAIL to benefit most from RasGas price tweak

 ·         Maggi crisis, ecommerce among Nestle India's 'must-win' battles

 ·         Bupa to raise stake to 49% in Max Bupa for Rs 191 crore

 ·         Bids for transmission projects worth Rs 12,000 crore to be invited soon

 ·         Telecom Minister Ravi Shankar Prasad tells officials to ensure spectrum auctions in current fiscal

 ·         Tata Starbucks generates total revenue of Rs 171.2 crore; 80% jump from previous year

 ·         Tata Steel likely to raise $1.5 billion to refinance debt

 ·         Independent agencies to check quality of coal supplied by Coal India to power firms

 ·         Nielsen launches India’s first digital advertisement measurement system

 ·         FM Arun Jaitley asks PSU banks to remove NPA blotch on balance sheets

 ·         Lanco inks MoU with Chhattisgarh for solar cell plant

 ·         SunEdison to put 400 MW of upcoming solar capacity on sale; calls off Continuum buy

 ·         Lulu group keen on investing in Andhra Pradesh

 ·         Low spending users, special 4G handsets hurdle for Reliance Jio: CLSA

 ·         3 Wockhardt drugs out of price control

 ·         Delhi government tells ecommerce cos to file returns by month end

Mint

·         Congress, BJP may strike deal on GST

 ·         Modi calls for enhanced Malaysian participation in Indian infra sector

 ·         Gammon India lenders to take control of company

 ·         Corporate tax: here’s why 25% is more than 33%

 ·         Why the government’s gold scheme did not work

 ·         Are shell companies behind the over-estimation of GDP?

 ·         CARE Hospitals sale stuck over valuations

 ·         Bajaj Electricals to merge Hind Lamps’ manufacturing business with itself

 ·         September quarter corporate earnings mirror two-speed economy

 ·         Recent track-record belies hype in wind energy

 ·         Yes Bank to issue first credit card by June
·         Bupa to raise its stake to 49% in Max Bupa health insurance

24/11/2015
Market Update:
Sgx Nifty -18 pts
Dow ‎ -31.13 pts ,Nsdq -2.44 pts , S&P‎ -2.58 pts ,Bovespa +11 pts , Ftse -29 pts , Dax -27 pts, Cac -21 pts, Nikkei  +1 pts , now, Crude @ $42.10 brl (+0.35), Brent @ $44.83 (+0.17) , Gold @ $1068.60 (+2.20), Silver @ $14.12 (+0.05), Euro @ $1.0637, JPY @ $122.8700, INR @ $66.4775
Today's Corporate Action
24th Nov Ex Date
MANAPPURAM
Interim Dividend - Rs. - 0.4500
SIMBHSUGAR
Amalgamation 
VIDHIDYE
Interim Dividend - Rs. - 0.2000
‎

 Today's Global Data
Nov 24: Japan November flash manufacturing purchasing managers' index; 0705
IST

 Nov 24: Japan October supermarket sales data; 1030 IST

 Nov 24: Germany Jul-Sep GDP detailed breakdown; 1230 IST

 Nov 24: Germany November Ifo business climate index; 1430 IST

 Nov 24: Bank of England Governor Carney to give evidence to Treasury
Committee;
1530 IST

 Nov 24: UK November CBI quarterly distributive trades survey; 1630 IST

 Nov 24: US Retail Economist/Goldman Sachs chain store sales index for week  ended Nov 21; 1815 IST

 Nov 24: US Jul-Sep preliminary corporate profits; 1900 IST

 Nov 24: US Jul-Sep GDP second estimate; 1900 IST

 Nov 24: US Johnson Redbook retail sales index for week ended Nov 21; 1925
IST

 Nov 24: US September S&P/Case-Shiller home price index; 1930 IST

 Nov 24: US November consumer confidence index; 2030 IST

 Nov 24: Federal Reserve Bank of Richmond November business activity survey;  2030  IST
Nov 24: Japan September final labour survey
19/11/2015
SGX Nifty +65 pts (7792) from last trade 
7727 , 

 Nikkei +293 pts , Hangseng +236 pts , NOW @6.54am ,  

Dow +247.66 pts ,Nsdq +89.19 pts , S&P +33.14 pts ,Bovespa +187 pts , Ftse +10 pts , Dax -11 pts, Cac -30 pts,  Crude @ $40.85 brl (+0.10), Brent @ $44.14 (+0.57) , Gold @ $1071.10 (+2.30), Silver @ $14.14 (+0.06), Euro @ $1.0676, JPY @ $123.5200, INR @ $66.3000

Infy: -0.00%,       Wit:+0.00%
Ttm: -0.16%,      Rdy:+0.25%
Hdb: -0.97%,       Ibn: -1.60% 
SBID: -2.94%,   RIGD: -1.53%
Today's Corporate Action
19th Nov Ex Date
ALLCARGO
Interim Dividend - Rs. - 1.0000
AUROPHARMA
Interim Dividend - Rs. - 0.6000
HGS
Interim Dividend - Rs. - 5.0000
INDAG
Interim Dividend - Rs. - 0.9000
JSL
Spin Off 
KKCL
Interim Dividend - Rs. - 8.5000
MAX
Interim Dividend - Rs. - 1.8000
MEP
Interim Dividend - Rs. - 0.1000
MMFL
Interim Dividend - Rs. - 3.0000
MONSANTO
Interim Dividend - Rs. - 15.0000
NAUKRI
Interim Dividend - Rs. - 1.0000
NILKAMAL
Interim Dividend - Rs. - 2.5000
ORIENTC
Interim Dividend - Rs. - 3.0000
RPOWER
Interim Dividend - Rs. - 1.0000
SQSBFSI
Interim Dividend - Rs. - 4.0000
TRITURBINE

Interim Dividend - Rs. - 0.4000

 19/11/2015
Economic Times
Business Standard

 Ø  Telecom dept seeks PMO help to free up TV waves

 Ø  Real estate slowdown gives investors property pangs

 Ø  India Inc's Oct foreign borrowing dips 24% at $2.11 bn

 Ø  Government extends currency swap facility for SAARC members

 Ø  Govt to raise Rs 21Kcr from CIL stake sale

 Ø  Govt nudges Vodafone with settlement proposal

 Ø  India's top real estate cos stare at Rs 30-k cr debt

Ø  Divestment, exports, infra get govt push

 Ø  RBI workers' strike tomorrow likely to disrupt settlements

 Ø  Modi govt looks to revive stalled road projects, boost exports

 Ø  Confusion reins over FSSAI's product approval regime

 Ø  GAIL rerating on oil & gas policy, Mahanagar Gas IPO

 Ø  Jindal Stainless aims to cut debt by 64% through restructuring

 Ø  Amtek Auto may sell Tekfor for Rs 6,000 crore

 Business Line

Mint

 Ø   Exchange rate must remain competitive: Chief Economic Advisor

 Ø  Japan regulators set to slap Toshiba with record $57 mn fine: Source

 Ø  Competition panel asks Coal India to examine spot e-auction scheme afresh 

 Ø  Cabinet approves modification to bilateral assistance guidelines 

 Ø  GMR Kamalanga Energy gets revised tariff order from CERC

 Ø  Commodity markets in worse shape than in 2009   

Ø  Centre approves direct subsidy for sugarcane growers

 Ø  Glenmark, Sun Pharma, Cipla said to weigh bid for Teva portfolio

 Ø  Ramdev’s Patanjali atta noodles have no approval: FSSAI

 Ø  Essar Steel bankers pushing to convert debt to equity

 Ø  Govt would launch an initial public offering of Cochin Shipyard Ltd

 Ø  ScoopWhoop raises $4 million from Kalaari Capital

 Ø  Dr Reddy’s buys IP rights for anti-coagulant drug from Alchemia for $17.5 mn

 Financial Express

Financial Chronicle

 Ø  Sensex slumps 382 pts to 25,482, Nifty settles below 7,750

 Ø  Productivity gains of internet can transform India

 Ø  Inflation completely under control in India: CEA

 Ø  Govt fixes maximum mktg margin for natural gas

 Ø  Finance Minister Arun Jaitley meets Rahul Gandhi

Ø  Ola raises $500m from Baillie Gifford, SoftBank and others

 Ø  OECD countries to limit overseas financing for coal plants

 Ø  Irdai to regulate non-life, health insurers' expenses

 Ø  India-focussed ETFs grow as demand picks up
Ø  Microfinance industry sees 28% rise in client base in Q2

 17/11/2015
Economic Times

 Business Standard

 Ø  EU, IMF working on easing Greek debt burden: ECB

 Ø  India for global efforts on return of illicit overseas funds

 Ø  ICICI to sell 6% stake in life insurance unit to Premji 

 Ø  Gold imports dip 59.5% to $ 1.7 bn|Exports dip 17.5% in Oct

 Ø  RInfra's Rs 1,263 cr open offer for Pipavav on Dec 2

 Ø  Warren Buffett's Berkshire cuts Goldman stake

 Ø  Sebi asks commodity bourses to frame disaster recovery policy

Ø  Exports fall for 11th straight month, down 17.53% in October

 Ø  Trade deficit narrows to $9.77 bn in October

 Ø  Sugar output may fall by 4.6% to 26.8 mn tonnes this year: ICRA

 Ø  Canadian pension firm buys 49% in RInfra's Mumbai power biz for Rs 3,500 cr

 Ø  DLF gets CCI approval for Rs 1,990-cr deal with GIC

 Ø  8 banks file bids to manage Rs 21k-cr Coal India stake sale

 Business Line

Mint

 Ø  Fitch assigns stable outlook rating to Reliance Ind 

 Ø  KPMG foresees solar tariff at Rs 3.59 in ten years

 Ø  Apollo Tyres buys Reifencom GmbH for €45.6 mn

 Ø  'Drop in scrap steel prices, Re slide versus $ hit Alang ship-breakers'

 Ø  Oil Ministry proposes pricing freedom for natural gas produced from auction of hydrocabon blocks 

Ø  October trade data shows frailty of economic recovery

 Ø  Marriott to buy Starwood to create world’s biggest hotel chain

 Ø  Higher costs, weak e-auction realizations weigh on Coal India

 Ø  Japan’s growing generic market woos more Indian pharma firms

 Ø  Telecom commission approves Trai’s views on spectrum cap

 Financial Express

Financial Chronicle

 Ø  FSSAI moves Supreme Court against lifting ban on Nestle's Maggi noodles

 Ø  GDP to exceed 7.3 per cent in current fiscal year: Jaitley

 Ø  El Nino worst in over 15 years, severe impact likely: UN

 Ø  IRFC set to launch rupee-denominated bonds in Jan

 Ø  Sensex closes 150 points up, Nifty settles above 7,800

Ø  Inflation at (-)3.81% in Oct; pulses, onion expensive

 Ø  India aims 6% share in $300b global IoT industry: DeitY Secy

 Ø  India won't need coal imports by 2017: Goyal

 Ø  Shipyards get a sinking feeling on rupee fall, soft prices
Ø  Shasun Pharma gets US FDA nod to market Carisoprodol

 17/11/2015
SGX Nifty +37 pts (7863) from last trade 7826 , 

 Nikkei +259 pts , Hangseng +304 pts , NOW @6.54am , 

 Dow +237.77 pts ,Nsdq +53.76 pts , S&P +30.15 pts ,Bovespa +329 pts , Ftse +28 pts , Dax +4 pts, Cac -3 pts, Crude @ $41.87 brl (+0.13), Brent @ $44.56 (+0.03) , Gold @ $1082.80 (-0.80), Silver @ $14.22 (+0.03), Euro @ $1.0685, JPY @ $123.2800, INR @ $65.9962


 Indian Adr/Gdr

 Infy: -0.65%,       Wit:+1.03%
Ttm:+1.67%,      Rdy: -2.34%
Hdb:+1.82%,       Ibn:+3.20% 
SBID:+3.78%,   RIGD:+1.42%

Today's Corporate Action
17th Nov Ex Date

 IMPAL
Interim Dividend - Rs. - 2.5000
PIIND
Interim Dividend - Rs. - 1.2000
PPAP

Interim Dividend - Rs. - 1.0000

 16/11/2015
India Capital World Mkts Update:
SGXNifty: 7720(-39)
DJ: 17245(-203)
NASDAQ 4928(-77)
FTSE: 6118(-60)
HANGSENG: 22015(-381)
NIKKEI: 19407(-190)

 Fno ban :
CEATLTD

 JINDAL STEEL
16/11/2015
Economic Times
Business Standard

 Ø  Japan economy shrinks 0.8% in Q3, back in recession

 Ø  Global markets brace for short-lived jolt after Paris attacks

 Ø  Defence ministry changes rules to incentivize foreign firms to form JVs in India

 Ø  India pledges to up renewable energy output to 175GW

 Ø  Sunil Mittal urges G-20 to invest in digital infrastructure

 Ø  India to oppose loan clause on environment at G20

 Ø  Blackstone realty arm sells stake in Synergy

Ø  Petrol price hiked by 36 paise; diesel up 87 paise

 Ø  IMF says optimistic about India's growth prospects

 Ø  Govt to come out with definition of e-commerce: Nirmala

 Ø  Modi govt's gold schemes have potential to perform better: UBS

 Ø  Fertiliser Ministry seeks more than Rs 25,000-cr for urea subsidy bills

 Ø  Tata Steel wants to sell UK plant: Report

 Ø  Low demand eats into input cost benefits

 Business Line

Mint

 Ø   BRICS Bank to fund inclusive needs of emerging nations: Modi 

 Ø  Modi seeks G20 deadline to lower cost of remittances 

 Ø  'Low' may not intensify, but no let-up seen in overall rain 

 Ø  Maruti minority shareholders vote on Gujarat plant starts

 Ø  SEBI wants MFs to lower salary of senior executives 

 Ø  Jindal Steel to cut costs after Q2 loss 

Ø  US fines Alstom record $772 million in foreign bribery charges

 Ø  Volkswagen tags 430,000 new cars with implausible carbon dioxide ratings

 Ø  Bad loans may rise for Shriram Transport Finance

 Ø  GMR Infrastructure Q2 net loss narrows to Rs399 crore

 Ø  Execution delays overshadow strong quarter for NHPC

 Financial Express

Financial Chronicle

 Ø  India can be a pillar of global growth: PM at G20 meet

 Ø  Downward trend in stocks may continue; WPI data key

 Ø  Old sites can’t house Ultra Mega Power Plants

 Ø  Tata Steel gets green nod for sand mining in West Bengal

 Ø  Builders rush to buy land in weak market

Ø  EPFO invests Rs 2,300 cr in ETFs in Aug-Oct

 Ø  PE investments in India touch $14b till Oct: Thornton

 Ø  FPIs take out Rs 2,800 cr in two weeks

 Ø  Top 10 valued firms lose Rs 94,561 cr in market cap

 Ø  Low interest burden may help firms report good earnings in Q3
Ø  J&K Bank Q2 profit up 13.5% at Rs 196 cr

 13/11/2015
Economic Times

 Business Standard
Ø  MSCI to include 14 China ADRs in EM index

 Ø  US budget deficit widens to $136 billion in October

 Ø  NRI deposits grow to $121.8 bn by 55% during April-September 2015: RBI 

 Ø  Indian economy not out of danger zone

 Ø  FDI reforms to revitalise India-UK ties: CII

 Ø  India bond ETF, bond index to launch in London

 Ø  Green nod for Tata Steel's Rs 185-cr Odisha project

 Ø  Raghuram Rajan warns of global threat from easy money
Ø  September IIP slumps to 3.6%, October CPI rises to 5%

 Ø  7th pay panel's draft report riddled with dissent notes

 Ø  Private banks to gain with easing of FDI

 Ø  UK, Indian cos to sign deals worth $13.7 bn: Cameron

 Ø  Call drops compensation to cost telcos Rs 200-cr a quarter: TRAI

 Ø  FDI reform measures a major macroeconomic reform: Fitch Ratings

 Ø  Parliamentary committee calls for one regulator for money pooling schemes

 Business Line

 Mint
Ø   Alstom to supply 800 electric engines to Indian Railways 

 Ø  60,000 Maggi WelcomeKits sold within 5 minutes of flash sale

 Ø  Global gold demand hits more than 2-year high in Q3: WGC

 Ø  Coal India invites global firms to set up washery in Jharkhand

 Ø  Sterling hits 3-month high after Draghi’s comments drag euro down
Ø  SpiceJet posts Rs24 crore profit in Q2 on lower fuel prices

 Ø  RBI staff plan strike on 19 November

 Ø  Reliance Jio’s LYF phones miss Diwali launch, sale restricted to staff

 Ø  Price hikes, lower costs lift Mahindra’s profit margin

 Ø  FDI limit raised for TV channels

 Financial Express

 Financial Chronicle
Ø  India, UK announce 9 billion pounds worth of deals

 Ø  Swachh Bharat cess to be levied on portion of taxable service

 Ø  Over 4,660 tons seized pulses offloaded in open market: Govt

 Ø  Indiabulls Housing to buy 40% in UK bank for $100 mn

 Ø  Pragati Maidan makeover on anvil; to cost around Rs 3K cr

 Ø  DGCA allows airlines to roll out zero baggage charges
Ø  Easing of FDI norms to support investment, GDP growth: Fitch

 Ø  LIC Nomura launches ETF Sensex, eyes to mop up Rs 200 cr

 Ø  Mkt investors poorer by Rs 4.4L cr so far this fiscal

 Ø  Honeywell plans to grow twice the rate of India's GDP

 Ø  Cos listed on VSEL to move on BSE dissemination board
Ø  Sebi lifts curbs on Tea Time in public holding norms case

 13/11/2015
SGX Nifty -67 pts(7761) from last Nifty Fut trade 7828 , 

 Nikkei -252 pts , Hangseng --395 pts , NOW @6.54am , 

 Dow -254.15 pts ,Nsdq -61.94 pts , S&P -29.03 pts ,Bovespa -181 pts , Ftse -118 pts , Dax -125 pts, Cac -95 pts, Crude @ $41.63 brl (-0.12), Brent @ $44.06 (-1.75) , Gold @ $1083.20 (+2.20), Silver @ $14.28 (+0.05), Euro @ $1.0807, JPY @ $122.5600, INR @ $66.3138
Indian Adr/Gdr

 Infy: -0.63%,       Wit: -0.09%
Ttm: -2.32%,      Rdy: -0.60%
Hdb: -2.07%,       Ibn: -1.62% 
SBID: -0.27%,   RIGD: -0.00%
Today's Corporate Action
13th Nov Ex Date
CUPID
Interim Dividend - Rs. - 1.0000
DCMSHRIRAM
Interim Dividend - Rs. - 1.2000
SUNDRMFAST
Interim Dividend - Rs. - 0.8500

Today's Key Result
13th Nov
Coal India( Cog Cons Est Net  2789 Cr +27 % Yoy)

 Abc Ind,Bgr Energy,Datamatics,Eid Parry,Eveready Ind,Gmr Infra,Ivrcl,J&K Bank,Jindal Saw,Kaveri Seed,Mcnally Bharat,Natco Pharma,Prestige Est,Sci,Tv Today,Tyche Inds,Wockhard,Zandu Realty
10/11/2015
Economic Times

 Business Standard

 Ø  GE to supply 1,000 diesel locomotives to Railways

 Ø  India to renegotiate TAPI gas prices

 Ø  Oil India Q2 net profit rises 11% at Rs 674.80 crore

 Ø  DIPP working on aligning FDI policy with NIC code

 Ø  FCI to raise short-term loan of Rs 30,000 crore

 Ø  Chinese internet search co Baidu in talks to buy majority stake in Mydala for $100 mn 

Ø  Adani to buy L&T's Kattupalli port for Rs 2,000 crore

 Ø  Rupee hits 8-week low of 66.44, drops 68 paise

 Ø  Samvat 2071 ending with a loss for gold investors

 Ø  HPCL posts loss of Rs 321 cr for July-Sept quarter

 Ø  BPCL Q2 net more than doubles to Rs 1,018 cr

 Ø  Sun Pharma: Elevated concerns on Halol plant spooks sentiment

 Business Line

Mint

 Ø   Winter Session of Parliament to start from Nov 26 

 Ø  Govt moves to raise PSUs to world standards 

 Ø  Essar Oil may reset delisting price in ₹147-150 range: experts

 Ø  State-run banks sell dollar around 66.49 rupee level 

 Ø  Mittal’s South African steel plant in government bailout

 Ø  Coal imports drop 5% to 14.52 MT in October

Ø  Jet Airways to buy 75 Boeing B737MAX planes

 Ø  For power assets, JSW, Adani go head-to-head

 Ø  Andhra Bank seeks to sell bad loans worth Rs1,388 crore to ARCs

 Ø  Business confidence in India lowest since 2009: Markit survey

 Ø  Underperformance will continue for ONGC

 Financial Express

Financial Chronicle

 Ø  India's prospects relatively robust; to grow at 7.2%: OECD

 Ø  Govt to revise small savings rate by month end

 Ø  Sensex trims most of its losses to end 144 points down, Nifty closes at 7,915

 Ø  Family spend on Diwali in India set to crash 43%: Assocham

 Ø  Maruti Suzuki Swift and Dzire to be next products to get AMT

Ø  Adani coal mine in Australia faces fresh legal challenge

 Ø  NDA defeat in Bihar no setback to economy: Jaitley

 Ø  RPower declares maiden interim dividend, total outgo Rs 281 cr

 Ø  Tata Power posts Rs 247 cr profit in Sep quarter
Ø  FIPB clears four FDI proposals worth Rs 384 cr
10/11/2015
Market Update:
Sgx Nifty -59 pts
Dow -179.85 pts ,Nsdq -51.82 pts , S&P‎ -20.62 pts ,Bovespa -723 pts , Ftse -58 pts , Dax -172 pts, Cac -72 pts, Nikkei  -113 pts , now, Crude @ $44.05 brl (+0.18), Brent @ $47.19 (-0.23) , Gold @ $1090.40 (+2.40), Silver @ $14.53 (+0.11), Euro @ $1.0757, JPY @ $123.1200, INR @ $66.4475
Indian Adr/Gdr

 Infy: -1.34%,        Wit: -3.45%
Ttm:+1.50%,       Rdy:-1.31%
Hdb: -0.59%,        Ibn: -1.59% 
SBID:+0.14%,  RIGD:+0.34%
Today's Corporate Action
10th Nov Ex Date
AARTIDRUGS
Interim Dividend - Rs. - 2.2500
APMIN
Interim Dividend - Rs. - 1.5000
ATULAUTO
Interim Dividend - Rs. - 2.7500
GMM
Interim Dividend - Rs. - 0.7000
GULPOLY
Interim Dividend - Rs. - 1.7500
LGBBROSLTD
Interim Dividend - Rs. - 2.5000
MANAKSIA
Interim Dividend - Rs. - 2.000
MRF
Interim Dividend - Rs. - 3.0000
ONGC
Interim Dividend - Rs. - 4.5000
SONATSOFTW
Interim Dividend - Rs. - 3.5000
TIDEWATER
Interim Dividend - Rs. - 150.0000

Today's Key Result
10th Nov

 ‎Abg Infra, Brfl,Dcw,Dredging Corp,Dcw,Essdee All,Global off,Gvkpil,J kumar,Kokuyo Camlin,Lyka Lab,Marksans Pharma,Nahar Spin,Nmdc,Repro, Suven Life,Tilaknagar Inds,Valecha Eng,Zenith birla

 ‎

 Today's Global Data

 Nov 10: Japan Oct bank lending; 0520 IST

 Nov 10: Japan provisional trade statistics for first 20 days of October;
0520   IST

 Nov 10: Japan Sept balance of payments; 0520 IST

 Nov 10: Japan Oct international transactions in securities; 0520 IST
‎
Nov 10: UK Oct BRC-KPMG retail sales monitor; 0531 IST

 Nov 10: Japan Oct corporate insolvencies; 1000 IST

 Nov 10: European Court of Auditors annual report; 1330 IST

 Nov 10: International Energy Agency world energy outlook report; 1530 IST

 Nov 10: National Federation of Independent Business index of small business Optimism; 1630 IST

 Nov 10: Retail Economist/Goldman Sachs chain store sales index for the week   Ended Nov 7; 1815 IST

 Nov 10: US Oct import & export price indexes; 1900 IST

 Nov 10: Johnson Redbook retail sales index for the week ended Nov 7; 1925
IST

 Nov 10: US Sep wholesale trade data; 2030 IST

 Nov 10: Eurogroup President Jeroen Dijsselbloem attends European Parliament ECON Committee meeting; 2130 IST

 Nov 10: World agricultural supply & demand estimates; 2230 IST

 Nov 10: ECOFIN meeting of Eurozone ministers

 Nov 10: Germany Sep balance of payments

 Nov 10: German Chancellor Angela Merkel meets South African President Jacob Zuma
‎
Nov 10: European Bank for Reconstruction and Development transition report
Nov 10: Japan Oct Economy Watchers Survey
09/11/2015
SGX Nifty -173 pts (7813) from last trade 7986 , 

 Nikkei +281 pts , NOW @6.42am , 

 Dow +46.90 pts ,Nsdq +19.38 pts , S&P -0.73 pts ,Bovespa -1130 pts , Ftse -11 pts , Dax +100 pts, Cac +4 pts, now, Crude @ $44.33 brl (+0.04), Brent @ $47.42 (-0.00) , Gold @ $1088.90 (+1.20), Silver @ $14.20 (+0.00), Euro @ $1.0740, JPY @ $123.2800, INR @ $65.7625
Indian Adr/Gdr
Infy: -1.05%,       Wit:+0.25%
Ttm: -0.43%,      Rdy:-18.01%
Hdb: -1.61%,       Ibn: -0.73% 
SBID:+3.63%,   RIGD:+1.23%

Today's Corporate Action
9th Nov Ex Date
AARTIIND
Interim Dividend - Rs. - 3.0000
ASTRAL
Interim Dividend - Rs. - 0.1500
GRANULES
Interim Dividend - Rs. - 0.1500
MARICO
Interim Dividend - Rs. - 1.7500
MAYURUNIQ
Interim Dividend - Rs. - 0.8000
SOLARINDS
Interim Dividend - Rs. - 9.0000

Today's Key Result
9th Nov

 Bpcl( Cog Est Net 862cr + 82% Yoy Time- During Mkt)
Tata Pow( Cog Cons Est Net 112cr - 225% Yoy Time- During Mkt)
Rec
Ab Nuvo,Allaha Bank,Alok Inds,Ansal House,Balaji Tele,Bank Of India, Bilcare,Central Bank,Dhunseri Tea, Educomp,Filatex,Globus Spirit, Graphite Ind,Gsfc,Havells Ind, Hercules Hoist,Hpcl,Indian Hot,Jain Irrig,Lyod Elect,Mtnl,Nbcc,Nb Venture Naysaa Sec,Oil ind,Pennar Inds, Pfizer,

 Radio Khaitan,Rolta,Shivani Oil,Siti Cable,Ufo Movies,Vst Tiller,Wabco, Walchand Inds,Zodiac Cloth
06/11/2015
Market Update:
Sgx Nifty +19 pts
Dow -4.15 pts ,Nsdq -14.74 pts , S&P‎ -2.38 pts ,Bovespa +336 pts , Ftse -47 pts , Dax +42 pts, Cac +31 pts, Nikkei  +123, now, Crude @ $45.44 brl (+0.25), Brent @ $47.98 (-0.60) , Gold @ $1104.50 (+0.30), Silver @ $14.97 (+0.00), Euro @ $1.0886, JPY @ $121.6900, INR @ $65.7437
Indian Adr/Gdr

 Infy: -0.33%,       Wit: -0.98%
Ttm: -0.76%,      Rdy: -1.61%
Hdb: -1.17%,       Ibn: -2.83% 
SBID: -2.49%,   RIGD: -2.25%

Today's Corporate Action
6th Nov Ex Date
AEGISLOG
Interim Dividend - Rs. - 0.3000
HARITASEAT
‎Interim Dividend - Rs. - 2.5000‎
NAVINFLUOR
Interim Dividend - Rs. - 10.0000
SHILPAMED
Stock  Split From Rs.2/- to Rs.1/-
SHRIRAMCIT
Interim Dividend - Rs. - 5.0000

Today's Key Result
6th Nov

 BOB( Cog Est Net 1067cr -3% Yoy Time- During Mkt)
Bhel( Cog Est Net 152cr + 22% Yoy Time- During Mkt)
Bosch( Cog Est Net 364 Cr + 19% Yoy Time- During Mkt)
M&M( Cog Est Net 884 Cr -7% Yoy Time- During Mkt)
PNB ( Cog Est Net 910Cr + 58% Yoy Time- During Mkt)
Tata Motors( Cog Cons Est Net 1647% Yoy Time - After Mkt)
Aarti Drug,Abbot Ind,Abg Ship, Anantraj,Aries Agro,Asian Oil,Astra Zeneca,Auro Pharma,Axiscades,Bafna Pharma,Bilt,Banco prod,Beml, Camlin Fine,Dhunseri Petro,D-Link,Eicher Motor,Essar Oil,Essar‎ Shipping,Excel Inds,Finolex Inds,Gdl,Glaxo Consumer,Great Ship,Gspl,Gulf Oil,Hathway Cab,Hotel Leela, Huhtamaki Ppl,Kesoram,Liberty shoe, Max Ind,Motherson Sumi,MT Educare,Nirlon,Nitco,Oricon,Oudh Sug,Plastiblend,Punj Llyod,Rcom, Spic,Tata Chem,Tata Inv,TD Power,Tv Today,Ugar Sug,Union Bank,‎Venky's Ind,Voltas,Zenotech Lab


Today's Global Data

 Nov 6: Japan Sep indexes of business conditions - preliminary release; 0930
IST

 Nov 6: Germany Sep industrial production index; 1130 IST

 Nov 6: UK Sep monthly industrial production figures; 1400 IST

 Nov 6: US Oct employment report; 1800 IST

 Nov 6: UK Oct monthly gross domestic product estimates; 1930 IST
Nov 6: Bank of Japan Governor Haruhiko Kuroda speaks at a meeting held by a Japanese research institute.

 05/11/2015
Economic Times

 Business Standard
Ø  Moody's downgrades VW due to emissions scandal

 Ø  'Govt will unveil big power reforms in couple of days' 

 Ø  RBI issues operational guidelines for gold bonds

 Ø  36.5% rise in indirect tax receipts a huge positive: FM

 Ø  Govt dismisses Moody's report, calls it opinion of junior analyst 

 Ø  India, US discuss measures to deepen capital mkts

 Ø  Alstom in major share buyback after GE deal
Ø  Volkswagen fails emission tests in India, gets notice

 Ø  Banks step up pressure on Essar Group

 Ø  Bankruptcy panel submits report and draft law

 Ø  IDBI Bank to raise Rs 2,800 cr through a QIP offering

 Ø  Cairn-Vedanta merger now by June 2016, says Group firm

 Ø  Maggi noodles clears final tests, relaunch likely late November

 Ø  Vedanta Resources net loss widens in H1 FY16; halts dividend

 Business Line

 Mint
Ø   Rajan defends his speech calling for tolerance, mutual respect

 Ø   U.S. private sector adds 182,000 jobs in October

 Ø  Reliance Infrastructure to exit cement, roads businesses

 Ø  Tata Comm building world’s largest IoT network in India

 Ø  NSE extends waiver of processing fee for MF distributors 

 Ø  Solar tariffs in India hit all-time low of Rs. 4.63  
Ø  Standard Chartered said seeking to sell Essar Global loans

 Ø  Rajan to raise pressure on foreign banks to create Indian units

 Ø  Godrej Properties Q2 profit jumps 127%

 Ø  United Spirits to sell French winery by November

 Ø  ONGC to buy into Adani-Welspun’s oil block off Mumbai coast

 Ø  India to remain fastest growing IT market in 2016, says Gartner

 Financial Express

 Financial Chronicle
Ø  Services sector growth hits 8-month high in October

 Ø  Cars, SUVs prices to rise by Rs 6,000 to over Rs 6 lakh in Delhi

 Ø  DLF Q2 net profit rises 21% to Rs 131.50 crore

 Ø  Call drops' Re 1 penalty: Trai, telcos headed for fierce court battle

 Ø  Cognizant Q3 net grows 12% at $397 mn, raises revenue guidance
Ø  Sebi unlikely to challenge SAT order on SRO issue

 Ø  IOC set to open more border routes to Nepal for supplies

 Ø  Ashok Leyland Q2 profit after tax up 137%

 Ø  France reaffirms 2b euros for 3 cities under smart city plan

 Ø  Bata reports Q2 PAT of Rs 54 cr, turnover at Rs 575 cr
Ø  India has only 1% total retail sales in digital commerce

 05/11/2015
Market Update:
Sgx Nifty -14 pts
Dow -50.57 pts ,Nsdq -2.65 pts , S&P‎ -7.48 pts ,Bovespa -343 pts , Ftse +29 pts , Dax -102 pts, Cac +12 pts, Nikkei  +102 , now, Crude @ $46.47 brl (+0.15), Brent @ $48.58 (-1.95) , Gold @ $1108.90 (+2.70), Silver @ $15.06 (+0.00), Euro @ $1.0865, JPY @ $121.5200, INR @ $65.4863

Today's Corporate Action
5th Nov Ex Date

COLPAL
Interim Dividend - Rs. - 4.0000
DABUR
Interim Dividend - Rs. - 1.2500
EXIDEIND
Interim Dividend - Rs. - 1.6000
INFRONICS
Consolidation of Shares 
MHLXMIRU
Consolidation of Shares 
MPSLTD
Interim Dividend - Rs. - 7.0000
MUTHOOTFIN
Interim Dividend - Rs. - 4.0000
RSYSTEMS
Interim Dividend - Rs. - 0.2500
SHREECEM
Final Dividend - Rs. - 14.0000
SRTRANSFIN
Interim Dividend - Rs. - 4.0000
‎‎

Today's Key Result
5th Nov

 Cipla( Cog Est Net 491cr + 65% Yoy Time- After Mkt)
Tata Steel(Cog Cons Est Net 1382cr + 10% Yoy Time- During  Mkt)
Aarti Inds,Aban off,Alembic Ltd,Arvind Ltd,Aurion Pro,Bajaj Elect,Castrol, Clarient,Cummins,Deepak Fert,Dhanuka Agri,Elect Steel,Esab Ind,Frl,Guj Gas,Hathway Cab,Hind Oil,Icra,Ingersoll,Jbf Inds,Jubliant Food,Jyoti Ltd,Kaya Ltd,Kolte patil,Majesco,Novartis,Patel Eng, Ricoh Ind,Talwarkar,Tata Global, Trent,Wanbury

Today's Global Data
Nov 5: US Federal Reserve New York President William Dudley attends 'Looking  Beyond the Macro Economy' press briefing; 0000 IST

 Nov 5: US Federal Reserve Vice Chair Stanley Fischer speaks at National
Economists Club Annual Members Dinner; 0330 IST

 Nov 5: Japan Oct Bank of Japan Oct monetary policy meeting minutes; 0420 IST

 Nov 5: Germany Sep manufacturing orders; 1130 IST

 Nov 5: Eurozone European Central Bank economic bulletin; 1330 IST

 Nov 5: Eurozone Oct retail purchasing managers' index; 1340 IST

 Nov 5: Eurozone Oct-Dec Ifo economic climate for the euro area; 1430 IST

 Nov 5: Eurozone Sep retail trade; 1430 IST

 Nov 5: UK Bank of England inflation report; 1630 IST

 Nov 5: UK Nov Bank of England monetary policy committee meeting minutes;‎ 1630 IST

 Nov 5: UK Nov interest rate decision; 1630 IST

 Nov 5: US International Monetary Fund Managing Director Christine Lagarde,
US‎  Fed Vice Chair Stanley Fischer, and US New York Fed President William‎  Dudley speak at Federal Reserve Bank New York; 1730 IST

 Nov 5: US unemployment insurance weekly claims report - initial claims for
the‎  week ended Oct 31; 1800 IST
‎
Nov 5: US weekly export sales; 1800 IST

 Nov 5: US Energy Information Administration weekly natural gas storage
report;‎   2000 IST

 Nov 5: US Oct monthly retail chain store sales index; 2130 IST
Nov 5: Eurozone autumn economic forecasts

04/11/2015
Economic Times

Business Standard

 Ø  Investment limit in corp bonds likely to hit liquidity

 Ø  Fin & Commerce Min at odds over gold import duty

 Ø  IOC says eyeing stake in Russia's Vankor Field

 Ø  BoA sells money-market fund business to BlackRock

 Ø  Telcos gear up for deals as competition heats up

 Ø  No new offers until plans are merged: Sebi to MFs

Ø  FinMin to ease transfer pricing rules

 Ø  DLF Q2 net rises 21% to Rs 131 cr

 Ø  Price of pulses to ease on harvest, action against hoarders: FM

 Ø  Sundram Fasteners sells stake in German JV

 Ø  GAIL Q2 net profit down 66% at Rs 440 cr

 Ø  IRDAI toughtens norms for global reinsurers opening India branch offices

 Business Line

Mint

 Ø   RBI fixes gold bonds issue price at Rs. 2,684 per gram 

 Ø  Assocham pleads for industry status to gems & jewellery  

 Ø  Finance Minister reviews prices of essential commodities  

 Ø  Dell eyes $10 billion asset sales ahead of EMC merger

 Ø  Over 40 % of China’s online goods shoddy, counterfeit: report

 Ø  Cancer Genetics targets India acquisitions 

Ø  Standard Chartered to pare commodity business in India, China

 Ø  ABB India Q3 profit up 30.6%, misses estimates

 Ø  Tech Mahindra Q2 profit up 9% to Rs785 crore

 Ø  Chinese scare looms over India’s bulk drug industry

 Ø  Moody’s changes Indian banking sector outlook to stable from negative

 Financial Express

Financial Chronicle

 Ø  Commerce, finance ministry at odds over gold import duty

 Ø  Banks get Rs 2,500-cr share in Electrosteel

 Ø  PM to launch 'India gold coin', other schemes on Nov 5

 Ø  Ratan Tata invests in telecom carrier Sabse Technologies

 Ø  Eyeing cost savings, Indian Oil to double pipeline network

Ø  Mobile equity trading to touch 15-16% mark in 3 years

 Ø  Gamesa bags 200mw wind power order from Ostro Energy

 Ø  EPFO to act tough with employers delaying remittance

 Ø  Lupin gets FDA nod for generic Aricept tablets
Ø  Cotton growers federation expects bumper crop this year

 04/11/2015
SGX Nifty +13 pts (8088) , 

 Nikkei +354 pts , Hangseng +169 pts , NOW @6.55am , 

 Dow +89.39 pts ,Nsdq +17.98 pts , S&P +5.74 pts ,Bovespa +2180 pts , Ftse +21 pts , Dax +0.48 pts, Cac +19 pts, Crude @ $47.68 brl (-0.22), Brent @ $50.54 (+1.75) , Gold @ $1120.80 (+6.70), Silver @ $15.28 (+0.04), Euro @ $1.0956, JPY @ $121.1300, INR @ $65.6550
Indian Adr/Gdr

 Infy:+0.49%,        Wit: -0.08%
Ttm:+1.01%,      Rdy:+0.39%
Hdb:+0.90%,       Ibn: -1.83% 
SBID: -0.85%,   RIGD: -0.13%

 Today's Corporate Action
4th Nov Ex Date

 None

 Today's Key Result
4th Nov
Accelya Kale,Ashok Ley,Bajaj Hind, Bata Ind,Can Bank,Chennai Petro, Deepak Spinner,Essar Ports,Fortis Health,Garden Silk,Godrej Prop,Honda Siel,Idbi Bank,Jai Corp,Jb Chem,Ksb Pump,Magma Fin,Manali petro,Marico,,Neyveli lig,Reliance infra,Sci,Styro Abs,Spaarc,Trigyn tech,Whirlpool,Yuken India,ZF Steering
03/11/2015
Economic Times

 Business Standard
Ø  Banks in better shape but NPAs still a concern: Moody's

 Ø  Adani Enterprises Q2 net plunges 40% to Rs 299 crore

 Ø  Global economy stutters as monetary stimulus fails to spur

 Ø  FTIL, MOCBPL files defamation cases against activist Ketan Shah

 Ø  Amtek Auto ropes in Morgan Stanley as advisors to pare debt

 Ø  Rupee ends at one-month low against dollar, down 32 paise at 65.59

 Ø  HP Inc shares outpace those of HPE in first trades since split
Ø  India Inc's sales, profit move in opposite directions

 Ø  Moody's gives banks reason to cheer, upgrades outlook to stable

 Ø  Tata Steel plans to build bridges with tribals

 Ø  September core sector growth rises to 3.2%

 Ø  Tata Motors ropes in Lionel Messi as global brand ambassador

 Ø  IndiGo raises Rs 3,010 cr in IPO, at upper end of range

 Ø  Eros International locked in lower circuit; tanks 10%

 Business Line

 Mint
Ø  Corporate tax may be pruned ahead of schedule 

 Ø  India’s exports will do relatively well in 2016, says UN report

 Ø  Sensex ends 98 points down; weak global cues, manufacturing PMI weigh

 Ø  India’s manufacturing output slips to 22-month low in Oct

 Ø  NSE to auction investment limits for Rs. 852 cr govt bonds

 Ø  Aurobindo board meet on Nov 6 to consider 2nd interim dividend
Ø  R-Com buys Sistema; over to Reliance Jio to make it count

 Ø  United Spirits posts Rs929 crore profit in September quarter

 Ø  Hyundai’s domestic sales jump nearly 24% in October

 Ø  OBC Q2 profit rises marginally by 3%

 Ø  Indian Overseas Bank shares hit 11-year low on disappointing Q2 results

 Ø  Nasscom raises concerns about UK’s move to curb skilled visas

 Financial Express

 Financial Chronicle
Ø  Fertiliser, electricity push core sector growth to 3.2% in Sep

 Ø  India's energy emission growth at 8.2%, highest globally: PwC

 Ø  Brokerages downgrade L&T on weak order outlook, valuation; shares fall

 Ø   China gives biggest boost to its currency Yuan in a decade
Ø  'Sovereign gold bonds to attract investors over other options'

 Ø  LIC Nomura MF plans to mobilise Rs 200 cr via new scheme

 Ø  Oriental Bank profit up over 3% at Rs 301 cr

 Ø  Reliance Capital Q2 net up 15% at Rs 250 cr
Ø  Royal Enfield aims to expand global footprint

 03/11/2015
SGX Nifty +38 pts (8113) from last trade 
8075 , 

 Nikkei clsd , Hangseng +233 pts , NOW @6.53am , 

 Dow +165.22 pts ,Nsdq +73.40 pts , S&P +24.69 pts ,Bovespa Cls , Ftse +0.71 pts , Dax +100 pts, Cac +15 pts, Crude @ $46.27 brl (+0.13), Brent @ $48.79 (-0.77) , Gold @ $1132.70 (-3.20), Silver @ $15.39 (-0.01), Euro @ $1.1014, JPY @ $120.8400, INR @ $65.5850
Infy:+0.55%,        Wit: 0.00%
Ttm:+0.03%,      Rdy:+1.94%
Hdb:+0.23%,       Ibn:+1.39% 
SBID: -0.46%,   RIGD:+1.23%
Today's Corporate Action
3rd Nov Ex Date

 ANGL
Consolidation of Shares 
ICIL
Interim Dividend - Rs. - 1.0000
TIRUMALCHM
Interim Dividend - Rs. - 4.0000
Today's Key Result
3rd Nov

 Tech M( Cog Cons Est Net 729cr +1% Yoy Time- After Mkt )
Gail( Cog Est Net  460Cr -65% Yoy Time- After Mkt )
Powergrid( Cog Est Net 1393cr + 16% Yoy Time-After Mkt )

 Abb,Adani Pow,Asahi ind,Bal Chin,Berger paint,Bomb Dyeing,Chamb Fert,Dai Chi,Digjam,DLF,Fintech,Finolex Cable,Gabriel Ind,Gnfc,Hexaware, Hsil,India Glycol,IOC,Kesar Ent,Krbl,Mcleod Russel,PFC,Prism Cem,Ptc Ind,Pvr,Rel Power,Schenider Elect,Sharda Crop,Tn Petro,Tube Inv,Welspun Proj

 02/11/2015
Economic Times
Business Standard

 Ø  India world's 7th most valued 'nation brand'

 Ø  Piramal, TPG, Baring in race to acquire ICICI Home Fin

 Ø  Ranking should have been higher in WB index: FM Jaitley

 Ø  India to emerge as largest cotton producer

 Ø  NSE to auction investment limits for Rs 852 cr bonds

 Ø  Rajasthan attracts investments of over Rs 1.5 lakh crore

 Ø  Sun Pharma may drop some non-strategic businesses

Ø  Ruias to close Essar Steel's asset sale by FY16-end

 Ø  Govt may garner Rs 5K cr from Phase 3 of FM auctions: Crisil

 Ø  Toyota Kirloskar Motor sells 13,601 units in Oct 2015

 Ø  Mahindra posts 20 per cent jump in October sales

 Ø  IOC eyes 5-10% stake in Russia's Vankor oilfield

 Ø  NDMC defers Taj Mansingh auction yet again

 Ø  Uttam Galva-Posco plant might start by Feb-end

 Business Line

Mint

 Ø  NSE, BSE to conduct 60-minute ‘Muhurat Trading’ on Diwali 

 Ø  Coffee Day to list shares on BSE, NSE on Nov 2

 Ø  NSE extends concessional transaction fee in equity derivatives

 Ø  Gold imports dip 45.6% to $2.05 bn in September

 Ø  Court tells Govt to decide on FTIL-NSEL merger by Dec-end

 Ø  India Post collects Rs. 800 cr from cash-on-delivery facility 

Ø  Greek banks must find up to €14.4 billion after ECB stress test

 Ø  R-Com to consider Sistema Shyam Tele merger on Monday

 Ø  Vedanta seeks cut in iron ore export duty, levies

 Ø  IDFC posts larger-than-expected quarterly loss on provisions

 Ø  India unprepared to tackle online data security: report

 Ø  Profitability is focus of Infosys’s M&A strategy

 Financial Express

Financial Chronicle

 Ø  Tata Motors sales grow 1 pct to 43,486 units in October

 Ø  Sebi attaches 4 companies bank, demat accounts to recover Rs 6 cr

 Ø  Vodafone accounts hit by fraudsters in UK

 Ø  Royal Enfield posts 73 pct jump in Oct sales 

 Ø  Force India's partnership with Sahara stands strong: Vijay Mallya

Ø  MFs raise stake in 260 BSE-500 firms

 Ø  Iron ore mine auction to be completed in 3 months

 Ø  FM hopes for sustained low rates, inflation under control

 Ø  Subsidies can't be essence of survival: FM

 Ø  Mixed week for global markets on US rate hike uncertainty

 Ø  Study the company well before investing in its FDs
EARNINGS: Bloomberg Est

  * Adani Enterprises 2Q
 * Adani Ports & Special Economic Zone 2Q 6.7b (10)
 * AIA Engineering 2Q 1.1b (11)
 * Capital First 2Q
 * Credit Analysis & Research 2Q 424m (4)
 * eClerx Services 2Q 808m (13)
 * Escorts 2Q 140m (3)
 * Geometric 2Q
 * Greaves Cotton 2Q 441m (6)
 * India Cements 2Q 340m (14)
 * Indian Bank 2Q 2.83b (6)
 * Jaypee Infratech 2Q
 * Jaiprakash Power 2Q 473m (3)
 * Monsanto India 2Q 13.2m (3)
 * Oberoi Realty 2Q 906m (7)
 * Oriental Bank of Commerce 2Q 3.12b (7)
 * Pantaloons Fashion & Retail 2Q
 * Reliance Capital 2Q
 * Sonata Software 2Q

  * United Spirits 2Q 864m (11)
02/11/2015
Market Update:
Sgx Nifty -27 pts‎
Dow -92.26 pts ,Nsdq -20.52 pts , S&P‎ -10.05 pts ,Bovespa +240 pts , Ftse -34 pts , Dax +49 pts, Cac +11 pts, Nikkei  -243 pts, now, Crude @ $46.23 brl (-0.36), Brent @ $49.38 (-0.18) , Gold @ $1140.20 (-1.20), Silver @ $15.51 (-0.05), Euro @ $1.1020, JPY @ $120.4500, INR @ $65.2650

 Indian Adr/Gdr

 Infy: -0.71%,        Wit:+0.08%
Ttm: -0.03%,       Rdy: -0.18%
Hdb: -1.77%,       Ibn: -0.46% 
SBID: -0.00%,   RIGD:+0.35%‎
Today's Corporate Action
2nd Nov Ex Date
ABHIIND
Interim Dividend - Rs. - 0.3000
DHFL
Interim Dividend - Rs. - 3.0000
IBULHSGFIN
Interim Dividend - Rs. - 9.0000
IBVENTURES
Interim Dividend - Rs. - 0.5000
MAHAVIRIND

 Stock  Split From Rs.10/- to Rs.5/-
30/10/2015
Economic Times

 Business Standard
Ø  Govt to announce new civil aviation policy today

 Ø  FATCA fact: New US tax law is shaking up Indian Trusts

 Ø  US economy slows to 1.5% growth in Q3

 Ø  RBI opens National Pension System for NRIs

 Ø  India will offer concessional credit of $10 bn to Africa: PM

 Ø  Volkswagen meets Indian government on emissions

 Ø  Sebi cuts IPO paperwork; notifies 5-sheet DRHP
Ø  Dr Reddy's Q2 net up 26% at Rs 722 cr

 Ø  Govt clarifies tax treatment of offshore rupee-denominated bonds

 Ø  Telecom regulator sticks to compensation order on call drops

 Ø  Cipla sells stake in Chinese biotech firm

 Ø  IDFC Bank's net worth pegged at Rs 13,322 cr

 Ø  Airtel to return 50% mobile data used at night,makes Wynk free

 Business Line

 Mint
Ø  US plan to mandate FDA audit of farm imports irks India

 Ø  World Bank retains India's growth rate at 7.5% this fiscal

 Ø  Grasim net up 17% on higher cement volumes 

 Ø  NTPC Q2 net profit rises 40% to Rs. 2,898 cr

 Ø  Nestle India Q3 profit dives 60% on Maggi Noodles ban 

 Ø  Govt approves 16 FDI proposals worth Rs 4,722 crore
Ø  India unprepared to tackle online data security: report

 Ø  BPCL, Oman Oil looking to sell 24% stake in Bina refinery

 Ø  Yes Bank Q2 profit rises 26.5% to Rs610 crore

 Ø  Pfizer in talks to merge with Botox-maker Allergan: report

 Ø  GE said to plan close on $9.3 billion Alstom purchase

 Ø  Volkswagen may recall 100,000 diesel cars in India

 Financial Express

 Financial Chronicle
Ø  Sensex falls for fourth day, ends 201 pts down, Nifty ends at 8,111

 Ø  India Ratings lowers India FY16 growth forecast to 7.5%

 Ø  US Fed decision provides more space to emerging markets: Shaktikanta Das

 Ø  US lawmakers oppose Indian norms on pulses' stock limit
Ø  Small and midcap funds fare well in Q2: CRISIL

 Ø  Interest on rupee denominated bonds to attract 5% tax

 Ø  IRDA clears air on repudiating life covers

 Ø  IPO of IndiGo's parent co over-subscribed 3.63 times
Ø  Make single premium policy tax-free, insurers
30/10/2015
Market Update:
Sgx Nifty -13 pts‎
Dow -23.72 pts ,Nsdq -21.42 pts , S&P‎ -0.94 pts ,Bovespa -1110 pts , Ftse -42 pts , Dax -31 pts, Cac -4 pts, Nikkei  +25 pts, now, Crude @ $45.68 brl (-0.38), Brent @ $48.40 (-0.20) , Gold @ $1146.90 (-0.40), Silver @ $15.61 (+0.04), Euro @ $1.0994, JPY @ $120.9900, INR @ $65.3050

 Indian Adr/Gdr

 Infy: -1.67%,        Wit: -0.56%
Ttm: -0.14%,      Rdy:+3.13%
Hdb: -1.32%,       Ibn: -0.92% 
SBID: -2.29%,  RIGD:+0.58%

 Today's Corporate Action
30th Oct Ex Date

 ASHIMASYN
Right Issue of Equity Shares 
DILIGENT
Stock  Split From Rs.10/- to Rs.5/-
GODREJCP
Interim Dividend Rs 1.0000
KESARPE
Stock  Split From Rs.10/- to Rs.1/-
SSWL
Interim Dividend Rs 1.5000
VEDL
Interim Dividend Rs 3.5000
VYAPAR
Buy Back of Shares 
WELSPUNIND
Interim Dividend - Rs. - 6.5000

Today's Key Result
30th Oct
‎
ICICI Bank( Cog Est Net Rs 2957cr + 9% Time During Mkt)
ITC ( Cog Est Net Rs 2591 Cr + 7% Yoy Time During Mkt)
Kotak Bank( Cog Est Net Rs 264cr +45% Yoy Time After Mkt)
L&T( Cog Cons Est Net 898cr +4% Yoy Result During After Mkt)
3M India,Ajanta Pharma,Apollo Tyre,Asian Hot E,Atul ltd,Bel,Century Tex,Century Enka,Elgi Equip,Ipca lab,Jagran,Jmc Proj,ktk Bank,Mah Seam,Merk Ltd,Munjal Showa,Nocil, Religare Ent,Shopper Stop,Suzlon, Tanla Sol,Titan Inds,Triveni Glass, Uttam Glass,Zuari Agro,Zuari Global


Today's Global Data
Oct 30: US Oct agricultural prices data; 0030 IST

 Oct 30: US money stock measures data; 0200 IST

 Oct 30: US federal discount window borrowings data; 0200

 Oct 30: US foreign central bank holdings data; 0200 IST

 Oct 30: Japan Sep labour force survey; 0500 IST

 Oct 30: Japan Sep consumer price index, ex-food consumer price index; 0500
IST

 Oct 30: Japan Sep household spending data; 0500 IST

 Oct 30: UK Oct consumer confidence survey; 0535 IST

 Oct 30: Japan Sep auto production data; 0930 IST

 Oct 30: Japan Sep auto exports data; 0930 IST

 Oct 30: Japan Sep preliminary report on petroleum statistics; 1000 IST

 Oct 30: Japan Sep housing starts data; 1030 IST

 Oct 30: Japan Sep construction orders data; 1030 IST

 Oct 30: European Union Oct flash estimate euro area inflation; 1230 IST

 Oct 30: Germany Sep retail trade data; 1230 IST

 Oct 30: European Union Oct EuroCOIN indicator of euro area economic activity; 1400 IST

 Oct 30: European Union Sep unemployment data; 1530 IST

 Oct 30: US Sep personal income and outlays data; 1800 IST

 Oct 30: US third quarter employment cost index; 1800 IST

 Oct 30: US Oct ISM-Chicago business survey- Chicago purchasing managers' index; 1915 IST

 Oct 30: San Francisco Federal Reserve president Williams speaks at event on equilibrium interest rates; 1930 IST

 Oct 30: US Oct University of Michigan survey of consumers- final; 1930 IST
Oct 30: Japan monetary policy meeting decision‎
29/10/2015
Economic Times
Business Standard

 Ø  'India among top 10 in total individual wealth globally'

 Ø  Infy, Wipro, HCL, TCS struggle to meet Nasscom’s target

 Ø  ONGC to start cutting costs as oil price fall hits profit

 Ø  'Govts to raise $22bn from carbon pricing in 2015'

 Ø  After IndiGo's success, GoAir eyes up to $150 million via IPO 

 Ø  Sun recalls over 10L boxes of allergy drug in US

 Ø  Carl Icahn says AIG should split into three cos

 Ø  Amtek Auto seeks to sell German unit Tekfor: Sources

Ø  Fed sees 'moderate' pace of growth; rates unchanged

 Ø  OVL to double Africa investments to $16 bn in 3 years

 Ø   Diageo, USL end trademark litigation on Black Label

 Ø  Novartis' generic drug arm gets USFDA warning letter for two plants in India

 Ø  Hindustan Coca-Cola takes over Georgia Tea & Coffee business in India

 Ø  Defence unit at Tata Steel Gopalpur park to start production in Feb

 Business Line

Mint

 Ø  Regulatory reforms can lead to substantial benefits: WB

 Ø   India's chemical industry set to touch $214 bn by 2019: Report

 Ø  It takes 29 days to start a new biz in India: World Bank

 Ø   Textile industry appeals for better weightage to domestic market

 Ø  Emco board nod for Dubai arm establishment

 Ø  Tatas join UK steel industry to petition govt for action

Ø  Govt said to mull higher foreign investment cap for state banks

 Ø  Indian Oil’s Paradip refinery may start commercial operations in March

 Ø  Jet Airways Q2 profit rises 25% to Rs87.59 crore on lower fuel prices

 Ø  Dabur India Q2 profit up 19% to Rs341 crore

 Ø  Syndicate Bank Q2 profit rises 5.3% to Rs332.37 crore

 Financial Express

Financial Chronicle

 Ø  Sensex extends losses for 3rd day in a row, ends 214 points down, Nifty settles at 8,171

 Ø  PSU disinvestment nets 71% of total fund raising in Apr-Sept

 Ø  Two CCI members order fine on JP Associates; Chairman, others overrule

 Ø  Maruti Suzuki Baleno gets over 4,600 bookings within 2 Days

 Ø  Arun Jaitley must revive DTC, reduce income tax burden on common man

Ø  Wipro bags 5-yr deal from Coop Norge Handel

 Ø  MF investos have to give info under FATCA from Nov

 Ø  REC's Rs 700-cr tax-free bonds oversubscribed

 Ø  Future Generali to raise share in health segment
Ø  Indian real estate has to be ready for automation

 29/10/2015
Market Update:
Dow +198.09 pts ,Nsdq +65.55 pts , S&P‎ +24.46 pts ,Bovespa -302 pts , Ftse +72 pts , Dax +139 pts, Cac +43 pts, Nikkei  ++146 pts, now, Crude @ $46.00 brl (+0.06), Brent @ $49.05 (+2.24) , Gold @ $1158.20 (-17.30), Silver @ $15.93 (-0.33), Euro @ $1.0926, JPY @ $120.6900, INR @ $64.9275

Today's Corporate Action
29th Oct Ex Date

 CAPPL
Dividend - Rs. - 5.0000
FAIRDSY
Bonus issue 1:10
FOSECOIND
Interim Dividend - Rs. - 8.0000
KITEX
Interim Dividend - Rs. - 0.7500
LOOKS
Bonus issue 3:4
MITL
Consolidation of Shares 
QUASAR
Consolidation of Shares 
SARLAPOLY
Stock  Split From Rs.10/- to Rs.1/-


 Today's Key Result
29th Oct
Dr Reddy( Cog Cons Est Net 672cr + 17% Yoy Time During Mkt)
Grasim(Cog Cons Est Net 444cr +7% Yoy Time‎ After Mkt)
Ntpc(Cog Cons Est Net 2789Cr -20% Yoy Time During Mkt)
Yes Bank(Cog Est Net 571cr + 18% Yoy)
‎Alstom Td,Asahi Songwon,Astra Micro,Bengal Assam,BEL,Bharat Forge ,City Union,Colpal,Cromp Greav,Dishman Pharma,Essel prop,Gic House,Glenmark,Gujarat Pipavav,Hcc,IFCI,Jubliant Life,Lkp Fin,Mrpl,MRF,Nestle,Sequent Scient,Skf,Supreme Inds,Talbros

 ‎

 Today's Global Data
Oct 29: Japan Sep preliminary industrial production data; 0520 IST

 Oct 29: Japan Oct first 10 days provisional trade statistics data; 0520 IST

 Oct 29: Japan Sep detailed import and export statistics; 0600 IST

 Oct 29: Japan Sep steel imports and exports statistics; 1130 IST

 Oct 29: UK Oct nationwide house price index; 1230 IST

 Oct 29: Germany Oct labour market statistics; 1430 IST

 Oct 29: UK Sep money and credit data; 1500 IST

 Oct 29: UK Sep monetary and financial statistics; 1500 IST

 Oct 29: UK Sep Bank of England effective interest rates data; 1500 IST

 Oct 29: UK third quarter insolvency statistics; 1500 IST

 Oct 29: European Union Oct business and consumer surveys; 1530 IST

 Oct 29: UK Oct Confederation of British Industry's distributive trades
survey; 1630 IST

 Oct 29: US third quarter advance estimate gross domestic product data; 1800
IST

 Oct 29: US unemployment insurance weekly claims report-initial claims
for the week ended Oct 24; 1800 IST

 Oct 29: US weekly export sales; 1800 IST

 Oct 29: Germany Oct provisional consumer price index; 1830 IST

 Oct 29: US Sep pending home sales index; 1930 IST

 Oct 29: US Energy Information Administration's natural gas storage report for the week ended 23 Oct; 2000 IST
Oct 29: UK-Brazil economic and financial dialogue
28/10/2015
Economic Times

Business Standard
Ø  Sebi looks to revise rules for credit rating agencies

 Ø  Airtel sells 700 towers in Burkina Faso to Eaton

 Ø  RasGas contract to cost Petronet LNG Rs 10,000 cr

 Ø  India Inc's external borrowings down 32% at $2.6 bn

 Ø  Easier trade can push global exports $1tn pa: WTO

 Ø  'India overtakes China, now biggest gold consumer'

 Ø  Maruti to pay royalty to Suzuki on new models in Re

 Ø  Govt plans to lower its stake IDBI Bank: Sinha
Ø  India jumps 12 spots on World Bank's ease of doing biz list

 Ø  Tatas, Birlas, Ambanis take discount e-tailers head on

 Ø  Cairn-Vedanta merger deal not to be reworked

 Ø  Govt sets up panel to simplify Income Tax laws

 Ø  Railways receive Rs 2,000 cr assistance from LIC for projects

 Ø  Fitch withdraws IDFC's rating, reaffirms 'good credit quality'

 Ø  IndiGo IPO subscribed 86% on Day-1

 Business Line

Mint
Ø  ‘India may attract $6 b from Canadian pension fund in 8 years’

 Ø  Japan offers conditional support to yuan joining IMF currency basket 

 Ø  Seed industry seeks policy support to boost exports 

 Ø   Japan's Nippon agrees to buy NAB's life unit for $1.7 bln 

 Ø   Tata Trusts, Harvard University announce collaboration 

 Ø   Essar Ports fixes Rs. 93.66/share as delisting floor price
Ø  Trai’s call drop policy may increase tariffs: Telcos

 Ø  Maruti Q2 profit surges 42.1% to Rs1,225 crore

 Ø  Jaitley sure of meeting fiscal deficit target despite disinvestment hiccups

 Ø  US plans to sell down strategic oil reserve to raise cash

 Ø  Lupin’s Q2 results are a rude reality check

 Ø  Crompton Greaves to divest its Canadian power systems business

 Financial Express

Financial Chronicle
Ø  SEBI in process of allowing foreign money into commodity markets

 Ø  Sensex falls for second day, ends 108 points down

 Ø  Vedanta Q2 consolidated net profit falls 41% yoy to Rs 974 cr

 Ø  Tata Communications reports Rs 6.02 crore net profit in Q2

 Ø  IRDAI issues guidlines on FDI in insurance firms
Ø  RBI may seek info from HK on BoB scam

 Ø  CTT removal demand linked to STT: official

 Ø  Nestle looks to resume Maggi production at all plants

 Ø  Dividend from bank lifts HDFC Q2 net
Ø  Bharat Forge reorganises European operations
28/10/2015
Market Update:‎
Sgx Nifty -23 pts‎
Dow -41.62 pts ,Nsdq -4.56 pts , S&P‎ -5.29 pts ,Bovespa -166 pts , Ftse -51 pts , Dax -109 pts, Cac -50 pts, Nikkei  +64 pts, now, Crude @ $43.32 brl (+0.21), Brent @ $46.81 (-0.73) , Gold @ $1166.20 (+0.40), Silver @ $15.87 (+0.00), Euro @ $1.1032, JPY @ $120.5400, INR @ $64.9637


Today's Corporate Action
28th Oct Ex Date

 ASIAN PAINT
Interim Dividend - Rs. - 2.2000
‎‎

Today's Key Result
28th Oct
Ambuja Cem( Cog Est Net 198cr -17% Yoy Time- After Mkts)
Aditya Birla Money,Amaraja Bat,Dabur,Elecon Eng,Emco,Exide Inds,Hikal,HT Media,Jet Airways,JK Tyre,Jsw Energy,Jubliant Inds,Just Dial,Kec Int,Lakshmi Elect,MCX,Nelco,
Onmobile,Pidilite,Raymond,Shanti Gears,Sun Tv,Syndicate Bank,Tata Elxsi,Thiru Chem,Torrent Power,TCI, Zee Learn

 ‎

 Today's Global Data

 Oct 28: US world bank and international finance corporation's annual report

 Doing Business'; 0030 IST
‎
Oct 28: US Treasury Secretary Lew speaks on need to up debt limit; 0130 IST

 Oct 28: US American Petroleum Institute's statistical bulletin for the week ended Oct 23; 0200 IST

 Oct 28: Japan Sep preliminary retail sales data; 0520 IST

 Oct 28: Germany Sep foreign trade price indices; 1230 IST

 Oct 28: Germany Nov GfK consumer climate survey; 1230 IST

 Oct 28: UK Sep land registry house price index; 1500 IST

 Oct 28: US Mortgage Bankers Association's mortgage applications survey for  the week ended Oct 23; 1630 IST

 Oct 28: US Sep metropolitan area employment and unemployment data; 1930 IST

 Oct 28: US Energy Information Administration's weekly petroleum status reportfor the week ended Oct 23; 2000 IST
Oct 28: US Federal Reserve interest rate decision; 2330 IST
27/10/2015
Economic Times
Business Standard

 Ø  Sajjan Jindal plans JSW group ownership restructuring

 Ø  DoD: Disinvestment target to be down to Rs 30k cr 

 Ø  WTO sees up to $3.6 trillion boost to trade from deal to cut red tape

 Ø  'Nestle to resume Maggi sales in India next month'

 Ø  LIC and Indian Railways develop a bond worth Rs 2,000 cr

 Ø  45% crop shortfall likely to keep dal prices high

Ø  IndiGo's anchor book mops up Rs 832 crore

 Ø  India-Africa Forum Summit begins with an aim at stronger trade ties

 Ø  Govt likely to launch 3 gold schemes on November 5

 Ø  Nippon to acquire 23% stake in Reliance Life for Rs 2,500 cr

 Ø  Essar Projects-Saipem JV awarded KNPC's $1.6 billion EPC contract

 Ø  HFCL to start Chennai optical fibre plant from Nov 15

 Business Line

Mint

 Ø   `Centre to address regulatory, financial issues in infra sector’

 Ø  SEBI open to make changes on exchange-traded funds norms: Sinha

 Ø  SEBI’s networth norms may nudge farmers out of NCDEX 

 Ø  Tyre makers staring at lower revenue as Chinese imports soar 

 Ø  Elder Pharma to repay creditors by selling assets 

 Ø   L&T starts two training institutes in Vadodara 

Ø  Bharti Airtel Q2 profit rises 10% to Rs1,523 crore

 Ø  Madhya Pradesh declares drought in 35 districts, seeks Rs2,400 crore aid

 Ø  Sudhir Valia to buy Jaypee wind power assets for Rs180 crore

 Ø  Standard Chartered winding down equity derivatives business

 Ø  Hindustan Media Ventures profit rises 43%

 Financial Express

Financial Chronicle

 Ø  Essar, Saipem win $1.6-billion Kuwait project

 Ø  Sebi may intervene on upfront commission

 Ø   Sensex ends 109 points down at 27,362 on profit-booking, Nifty settles at 8,260

 Ø  No service tax on flat title transfers in Mumbai

 Ø  HDFC Life IPO likely in mid-2016

Ø  HDFC Q2 net profit up 2% at Rs 2,106 cr

 Ø  Investment via P-Notes rises to Rs 2.55L cr in Sept

 Ø  Premji Invest buys minority stake in Hygienic Research
Sterlite Tech Q2 profit doubles to Rs 29 cr

 Ø  Fusion Solar sets up 4 mw solar plant in Telangana
Ø  Government plans to hike sugar cess
27/10/2015
Market Update:
Sgx Nifty -2 pts‎
Dow -23.65 pts ,Nsdq +2.84 pts , S&P‎ -3.97 pts ,Bovespa -387 pts , Ftse -27 pts , Dax +6 pts, Cac -26 pts, Nikkei  -23 pts, now, Crude @ $43.87 brl (-0.11), Brent @ $47.54 (-0.45) , Gold @ $1164.60 (-1.60), Silver @ $15.87 (-0.03), Euro @ $1.1051, JPY @ $120.9200, INR @ $64.9650


Today's Corporate Action
27th Oct Ex Date

CYIENT
Interim Dividend - Rs. - 3.0000
IRB
Interim Dividend - Rs. - 2.0000


Today's Key Result
27th Oct
Axis Bank( Cog Est Net1879 Cr +17% Yoy Time- During mkt)
Lupin( Cog Cons Est Net Rs 707cr +12% Yoy Time- During Mkt)
Maruti(Cog Est Net 1228cr + 42% Yoy Time- During Mkt)‎
Vedanta ( Cog Cons Est Net 500cr -69% Time- During Mkt)

Alembic Pharma, Arshiya,Cat ltd,Dish Tv,Kpr Mill,Mahindra Holiday, Shasun Pharma,Stride Arcolab,Supreme Petro,Tata Comm,Thermax,Trident, Tvs Motor
26/10/2015
Economic Times

Business Standard

 Ø  IMF to include yuan in benchmark currency basket

 Ø  China banks seek more capital as bad loans pile up

 Ø   China growth rate may fall below 7%: Premier Li Keqiang 

 Ø  Volkswagen may offer discounts to owners of cars with illicit software: Report

 Ø  UK nuclear deterrent to cost 167 billion pounds

 Ø  Sebi mulls mandatory 'Dividend Policy' for listed companies

 Ø  Modi govt plans to reward made-in-India innovations

Ø  India's e-tail sees 3-fold growth in a year

 Ø  Bankers expect special audit report on Amtek Auto by next week

 Ø  Welspun Group eyes $5 bn revenue by 2020

 Ø  New energy norms for urea plants may save Rs 800 cr in subsidy

 Ø  Govt telcos in talks with pvt operators to share spectrum

 Ø  Henkel has option to invest in Jyothy

 Ø  Sept raises temperature of fuel sector

 Business Line

Mint

 Ø  ‘The regulator has the right to tell us what to do’ 

 Ø  ‘Sin tax’ for alcohol, tobacco industries in GST regime

 Ø   MEP Infra targets highway projects, seeks private equity partnerships 

 Ø  DLF plans to monetise some more housing projects thu PE 

 Ø  Demand for wellness, preventive-care treatment rising across country

 Ø  Sunteck Realty to invest Rs 1K cr to acquire distressed assets 

Ø  Lava to invest Rs500 crore to set up manufacturing plant in Andhra Pradesh

 Ø  Competitor offers $1 rival to Turing Pharmaceuticals’ $750 pill

 Ø  M&A deals worth $25 bn signed in January-September: Mergermarket

 Ø  IIFL Holdings Q2 profit rises 28% to Rs140 crore

 Ø  Bank unions call for nationwide strike on 2 December

 Financial Express

Financial Chronicle

 Ø  Income Tax department to roll out 'pilot' project for scrutiny assessment

 Ø  Risk-on carry trade back in global financial markets

 Ø  US Fed will weigh up ECB's push as it sets rates message 

 Ø  Air Costa in funding talks ahead of launch of pan-India operations

Ø  Gold-related schemes to be launched on the eve of Diwali: PM

 Ø  FPIs net inflow tops Rs 19k cr in Oct, a 6-mth high

 Ø  Sebi wants MFs to join e-commerce bandwagon
Ø  GE’s India unit to export med equipments to Africa, ASEAN
26/10/2015
Market Update:
Sgx Nifty +48 pts‎
Dow +157.54 pts ,Nsdq +111.81 pts , S&P‎ +22.64 pts ,Bovespa -175 pts , Ftse +67 pts , Dax +302 pts, Cac +121 pts, Nikkei  +184 pts, now, Crude @ $44.63 brl (+0.03), Brent @ $47.94 (+0.06) , Gold @ $1163.30 (+0.30), Silver @ $15.83 (+0.00), Euro @ $1.1029, JPY @ $121.1700, INR @ $64.8288


 Indian Adr/Gdr

 Infy:+2.53%,       Wit:+0.82%
Ttm:+2.06%,      Rdy:+1.81%
Hdb:+0.38%,       Ibn:+1.56% 
SBID:+1.81%,   RIGD:+0.65%
Today's Corporate Action
26th Oct Ex Date

 None 

Today's Key Result
26th Oct

 Bharti Airtel(Cog Cons Est Net 905cr -35% Yoy)
Hdfc( Cog Est Net 1462cr +8% Yoy)

Advanta,Aptech,Asian Granito,Blue Star,Emkay Global,Entertain Net,Hester Science,Hfcl,Hind Media,Hitachi Home,Inox, Moldtek,Peninsula,Rane Eng,Ster Tech,Super Sales,Upl,Vikas Global,Wonderla
23/10/2015
Economic Times

Business Standard
Ø  Japan offers India soft loan for $15-bn bullet train

 Ø  ECB keeps rates on hold, seen opening door to easing 

 Ø  Slow fibre rollout hurting telecom; experts blame low investment in optic fibre

 Ø  Reliance Group to further invest Rs 46,000 crore in MP

 Ø  LIC in talks with PSBs for Nomura stake sale

 Ø  Reliance MF eyes more acquisitions after Goldman

 Ø  Shell cos' patents to come under domestic tax net
Ø  Investors unfazed by dividend row: IndiGo

 Ø  RCom in talks with BSNL, Vodafone, Idea for 2G intra-circle roaming

 Ø  India to meet fiscal targets despite revenue drop: BofA-ML

 Ø  India remains less exposed to external risks, says Moody's

 Ø  RBI issues rules to operate Gold Monetisation Scheme

 Ø  Eyeing $1 billion GMV by early next year: Shopclues officials

 Ø  DLF appoints bankers for selling promoters stake in rental arm

 Business Line

Mint
Ø  Iron, steel exports plunge 41% to $4.57 bn in Sept

 Ø  Indians working in US find their job less stressful: Survey

 Ø  Kerala govt mulls importing pulses to tame price rise 

 Ø  GIC to invest in Tishman Speyer’s Waverock project in Hyderabad

 Ø  Rural inflation running higher than urban: HSBC  
Ø  PE transactions to touch $22 bn by December: report

 Ø  HDFC Bank profit rises 20% to Rs2,869 crore

 Ø  Petronet LNG pays Rs400 crore demurrage as PSUs refuse costly gas import

 Ø  JSW Steel profit falls 84%, beats estimates of a loss

 Ø  Indiabulls Real Estate posts twofold jump in net profit

 Financial Express

Financial Chronicle
Ø  Ratan Tata, American Express invest in digital currency start up Abra

 Ø  'Airline losses to come down 35% to Rs 5,500 cr this FY'

 Ø  Centre clears two ordinances for swift settlement

 Ø  Over 75% real estate projects non-starters: Assocham
Ø  Equity MF folio count up by 21 lakh in Apr-Sept

 Ø  Domestic FIs pitch for easier taxation

 Ø  Oilseeds output in rabi season may be normal

 Ø  Gamesa to set up 100 mw wind plant for HFE in MP
Ø  Coal India takes IT route to track mining projects

 23/10/2015
Market Update:
Sgx Nifty +78 pts‎(8340) Nifty Fut (8262)
Dow +320.55 pts ,Nsdq +79.93 pts , S&P‎ +33.57 pts ,Bovespa +746 pts , Ftse +27pts , Dax +153 pts, Cac +107 pts, Nikkei  +381 pts, now, Crude @ $45.46 brl (+0.08), Brent @ $48.30 (+0.22) , Gold @ $1165.20 (-0.90), Silver @ $15.85 (+0.01), Euro @ $1.1091, JPY @ $120.8700, INR @ $65.1263


 Indian Adr/Gdr

 Infy:+2.89%,       Wit:+1.85%
Ttm:+1.11%,      Rdy:+1.36%
Hdb:+0.19%,       Ibn:+0.56% 
SBID:+0.83%,  RIGD: -0.01%
Today's Corporate Action
23rd Oct Ex Date
ATREYA
Bonus issue 1:3
HATSUN
Interim Dividend Rs 1.00
HCLTECH
Interim Dividend Rs 5.00
HINDZINC
Interim Dividend Rs 1.90
HINDZINC
Special Dividend Rs 1.90
TCS
Interim Dividend - Rs. - 5.50

Today's Key Result 
23rd Oct

 Asian Paint( Cog Cons Est Net 442cr +27% Yoy Time- During Mkt) 
3 I Info,Bharti Infratel,Gsfc, I G Petro,Inox leisure,Kansai Nerolec, Multibase,Omkar Speciality, Raj Tv,Rallis,Symphony,Vip Inds

Today's Global Data
Oct 23: US Federal discount window borrowings data; 0200 IST
‎
Oct 23: US Foreign central bank holdings data; 0200 IST

 Oct 23: US money stock measures data; 0200 IST

 Oct 23: US money stock measures data; 0200 IST

 Oct 23: Japan Oct flash manufacturing purchasing managers' index; 0705 IST

 Oct 23: Japan Aug business conditions indexes; 1030 IST

 Oct 23: Germany Oct flash manufacturing purchasing managers' index; 1300 IST

 Oct 23: Eurozone flash manufacturing purchasing managers' index; 1330 IST

 Oct 23: US flash manufacturing purchasing managers' index; 1915 IST

 Oct 23: US flash manufacturing purchasing managers' index; 1915 IST
Oct 23: US and European Union trade negotiations 11th round concludes

 21/10/2015
Economic Times

Business Standard

 Ø  HSBC, Citibank hire investigators to probe black money trail

 Ø  RCom, Aircel and MTS begin talks for three-way merger

 Ø  Mahindra & Mahindra pips Tata Motors in CV sales

 Ø  RBI invites applications for BBPS units

 Ø  Govt may pay sugarcane growers direct to help mills

 Ø  S&P downgrades Vedanta Resources credit rating

 Ø  Trai call drop norms to hurt telcos' earnings: BofA-ML

 Ø  BSE asks brokers using algorithm trading to submit audit reports

Ø  Impairment for KG-D6 block likely for RIL

 Ø  World Bank poverty estimates are poor, says government

 Ø  US FDA raises concerns on Cipla's Indore plant

 Ø  Oil & gas industry seeks slashing of Rs 4,500 per tonne cess on crude

 Ø  Tata Steel says may cut about 1,200 UK jobs in restructuring

 Ø  Bajaj Finserv consolidated net profit jumps 40% in Q2

 Ø  Biocon Q2 profit 300% up at Rs 306 cr on Syngene windfall

 Ø  RIL's refinery margins will continue to improve: Moody's

 Business Line

Mint

 Ø  ACC Q3 consolidated net down 40% at Rs. 115 cr

 Ø  HCL Tech to buy Volvo’s IT business

 Ø  Vedanta to export over 5.5 mt iron ore from Goa this year

 Ø  Govt mulls raising FDI limit in news media

 Ø  Maruti’s royalty payouts to Suzuki 'extortive', says report 

 Ø  Adani Transmission Q2 consolidated PAT jumps to Rs. 153 cr 

Ø  India in talks to buy coking coal mines in South Africa

 Ø  Hero MotoCorp Q2 profit rises marginally to Rs772 crore

 Ø  Airtel raises $400 million more from sale of Africa assets

 Ø  Govt likely to order audit of telecom firms

 Ø  Rupee closes 25 paise weaker against US dollar at 65.06

 Ø  SKS Microfinance net profit up 37% in September quarter

 Financial Express

Financial Chronicle

 Ø  Employment increases by 5.21 lakh in FY15

 Ø  FY15 coal import bill spills over Rs 1 lakh crore; 27.12% jump

 Ø  Wake up call from S&P: Lot of India’s macro turnaround due to good luck

 Ø  TCS announces global alliance partnership with Tableau Software

 Ø  Govt to tap Rs 10k cr idle funds for BPL age, health cover

Ø  Bond holders could see windfall gain with hike in FPI limit

 Ø  Irdai clears air on control of Indian-owned cos

 Ø  India at rock bottom in global pension index

 Ø  Ramco HCM makes its foray in the US market

 Ø  S&P unlikely to change India's rating till at least 2016
Ø  Attune Technologies raised $10m in series-B funding

 21/10/2015
SGX Nifty +5pts (8260) from last trade 8255 , 

 Nikkei +163 pts , Hangseng clsd , NOW @6.55am , 

 Dow -13.43 pts ,
Nsdq -24.50 pts , 
S&P -2.89 pts ,
Bovespa -370 pts , 
Ftse -7pts , 
Dax -16 pts, 
Cac -30 pts, 
Crude @ $45.90 brl (-0.39), 
Brent @ $48.52 (-0.19) , Gold @ $1176.90 (-0.60), 
Silver @ $15.90 (-0.01), Euro @ $1.1357, 
JPY @ $119.9500, 
INR @ $65.0575


 Indian Adr/Gdr

 Infy:+0.73%,       Wit: -1.76%
Ttm: -0.93%,       Rdy: -3.89%
Hdb:+0.19%,      Ibn:+0.33% 
SBID: -0.42%,  RIGD: -0.30%
Today's Corporate Action
21st Oct Ex Date
ASMTEC
Interim Dividend Rs 1.8000
CRISIL
Interim Dividend Rs 5.000
DHABRIYA
Bonus issue 1:4
MINDTREE
Interim Dividend Rs 5.0000
SASKEN
Interim Dividend Rs 2.500
SINGER
Dividend - Rs. - 2.5000
SUNPHARMA
Dividend - Rs. - 3.0000

Today's Key Result
21st Oct

 Bajaj Auto( Cog Est Net 925cr + 57% Yoy Time -After Mkt)
Cairns( Cog Cons Est Net 533cr -77% Yoy Time- After Mkt)
Hdfc Bank( Cog Est Net 2788cr +17% Yoy Time- During Mkt)
Wipro ( Cog Cons Est Net 2234cr + 7% Yoy)
Idea ( Cog Cons Est Net 783cr +4% Yoy Time-After Mkt
Jsw Steel

Akzo Nobel,Bajaj Holding,Blue Dart,Delta Corp,Elder Pharma,Hcl Info,Ibulls House,IB Real,Intellect Design,Irb Infra,Kpit, M&M Fin,Mahindra Cie,Niit Ltd,Noida Toll,Tata Coffee,Zydus Wellness

 20/10/2015
SGX Nifty -1 pt (8273) from last trade 8275 , 

 Nikkei +55 pts , Hangseng -84 pts , NOW @6.54am , 

 Dow +14.57 pts ,Nsdq +18.79 pts , S&P +0.55 pts ,Bovespa +211 pts , Ftse -25 pts , Dax +59 pts, Cac +1 pts, Crude @ $46.15 brl (+0.26), Brent @ $48.61 (-1.85) , Gold @ $1169.00 (-4.00), Silver @ $15.80 (-0.03), Euro @ $1.1327, JPY @ $119.4800, INR @ $64.8050

US GENERIC GOVT. 10 YEAR YIELD : 2.0175%

 Indian Adr/Gdr
Infy: -0.67%,       Wit: -0.24%
Ttm: -0.21%,      Rdy:+3.58%
Hdb: -0.06%,       Ibn: -1.74% 
SBID:+0.03%,  RIGD:+3.47%
Today's Corporate Action 
20th Oct Ex Date

 None
Today's Key Result
20th Oct
ACC ( Cog Cons Est Net 153Cr -20%Yoy Time-After mkt)
Hero Motoco( Cog Est Net 729cr -4% Yoy Time-After mkt)

Adani Trans,Aro Granite,Bajaj Finance,Bajaj Finserv,Basf,Bayer Crop,Biocon,Canfin Home,Cont Corp,Dewan Hous,Federal Bank, Foseco,Hatsun Agro,Inter Paper Appm,Jyothi Lab,Kajaria Cer, Mphasis,Rane Madras,Sanofi, Syngene,Welspun,Zee Media,Zensar
20/10/2015
Economic Times

Business Standard

 Ø  S&P retains India's rating at BBB-, rules out upgrade

 Ø  Govt hikes import duty on wheat to 25% from 10%

 Ø  Govt to import 3k tonnes of pulses to contain prices

 Ø  DoT may conduct audit of telcos from 2008 onwards

 Ø  R Rajan slams IMF for 'applauding' easy money policies

 Ø  Care Ratings lowers India’s GDP forecast to 7.5-7.6% in FY16

 Ø  Tata Comm eyes acquisitions to improve product

Ø  Walmart paid millions in bribes in India: WSJ

 Ø  Higher growth needs more work: Rajan

 Ø  RBI to provide more bank licences, says Mundra

 Ø  Maggi manufacture, sale allowed in Karnataka

 Ø  Power Ministry proposes compensation at 85% of land value for tower base area

 Ø  IndiGo to retire Rs 1,166 cr debt from IPO proceeds

 Ø  Infosys to acquire US-based Noah Consulting for $70 mn

 Business Line

Mint

 Ø  Govt mulling more FDI in news channels: Rathore 

 Ø  Telangana Government, cement firms in talks over supply pricing 

 Ø  Gujarat lifts ban on sale of Maggi 

 Ø  PFRDA to seek tax exemption for NPS at withdrawal stage

 Ø  HCL Technologies Q1 net profit dips 2.7% to Rs. 1,823 cr

 Ø  L&T supplies first parts of Cryostat for ITER facility 

Ø  Reliance Jio likely to delay its December pan-India launch

 Ø  IndiGo IPO to hit the market on 27 October

 Ø  Square Yards acquires creative design studio Oryden Tech Labs

 Ø  Morgan Stanley profit plunges 42% as trading revenue slumps

 Ø  PNB Housing Finance plans Rs2,500 crore IPO

 Financial Express

Financial Chronicle

 Ø  Sensex gains for third day, Nifty closes at 8,275; Reliance Industries surges 5.5%

 Ø  UltraTech Q2 net up 3%, expects demand to pick in H2 FY16

 Ø  Middle East set to become world leader in Internet devices

 Ø  Coal imports decline by 27% to 12.6 million tonnes in September

Ø  Options get boost as stakes increase in derivatives

 Ø  HCL acquires Concept to Silicon Systems

 Ø  REC plans to garner Rs 700 cr via tax-free bonds
Ø  India at rock bottom in global pension index
19/10/2015
Market Update:
Sgx Nifty -18 pts‎
Dow +74.22 pts ,Nsdq +16.59 pts , S&P‎ +9.25 pts ,Bovespa +74 pts , Ftse +39 pts , Dax +39 pts, Cac +27 pts, Nikkei  -31 pts, now, Crude @ $47.30 brl (+0.04), Brent @ $50.50 (+0.04) , Gold @ $1177.40 (-5.70), Silver @ $16.02 (-0.09), Euro @ $1.1369, JPY @ $119.2800, INR @ $64.8150
Today's Corporate Action 
19th Oct Ex Date

 HINDUNILVR
Interim Dividend- Rs 6.5000
PGHH
Dividend - Rs. - 30.2500


 Today's Key Result
19th Oct
HCL Tech( Cog Cons Est Net 1779cr - 5% Yoy)
Ultratech Cem( Cog Cons Est Net 457cr +10% Yoy)

Blue Star Info,Gati ltd,Gruh Fin,Heritage Food,Hind Zinc,Kesoram,Kitex Garment,Mah Scooter,Mang Chem,Motilal Oswal,Petronet Lng,Rane Brake,Sks Micro,Tinplate
19/10/2015
Economic Times

Business Standard
Ø  FPIs pour in Rs 17,000-crore in capital markets in October

 Ø  ONGC seeks premium pricing for block in KG basin

 Ø  Coal block lease issues end; 10 mines to start ops

 Ø  Govt puts stock limits on pulses by big retailers, importers

 Ø  French police search VW offices in emissions probe

 Ø  Forex scam: Banks face Sebi scrutiny for disclosure lapses

 Ø  Government seeks industry views on GST provisions
Ø  Amtek set to solve debt issue with JPMorgan

 Ø  Centre plugs into power reforms to recharge distribution

 Ø  Indian Railways to be country's next eco-growth engine

 Ø  Pension regulator seeks govt support to widen subscriber base

 Ø  Lanco wins income tax case in Supreme Court

 Ø  7,035 wilful defaulters owe Rs 59,000 cr to PSU banks

 Business Line

Mint
Ø  Reliance Jio to share RCom spectrum in seven circles

 Ø  India among top 10 acquirers in US market this year 

 Ø  Maruti mulls offering safety package as option in mass brands

 Ø  Jaitley pledges a friendly tax regime, 25% corporate tax

 Ø  Eyeing consistency, CBDT streamlines transfer pricing norms 

 Ø   IPO-bound profitable IndiGo has negative networth 
Ø  Govt relaxes norms on import and trade of rough diamonds

 Ø  BoB case: Court extends custody of four accused by 6 days

 Ø  India drug industry says US-led trade deal will raise prices

 Ø  Cement prices drop in Delhi-NCR after builders allege cartelization

 Ø  Reliance Industries Q2 net profit rises 12.5% to Rs6,720 crore, beats estimates

 Ø  Monsanto India JV sues eight seed companies

 Financial Express

Financial Chronicle
Ø  Deutsche Bank splits investment bank in two as part of overhaul

 Ø  Shoppers from smaller towns drive business during Amazon sale

 Ø  Govt seeks views on new guidelines for solar projects

 Ø  MTS planning Rs 1 lakh accidental insurance for new customers
Ø  MFs roll out e-KYC to make it easy for new investors

 Ø  BSE to trawl social media for information on listed cos

 Ø  RIL shifts idle cash to MFs from treasury

 Ø  Govt to lower stake in IDBI Bank to 49%

 Ø  REC plans to garner Rs 700 cr via tax-free bonds
Ø  China Re raises $2b in HK IPO after pricing deal at top
16/10/2015
Economic Times

Business Standard
Ø  Anil and Mukesh Ambani bond over airwaves

 Ø  Govt plans ways to share free data with public

 Ø  RBI to take stock of banks' asset quality: Rajan

 Ø  'Global economic slowdown in real danger of persisting'

 Ø  No significant improvement in call drop issue: Trai

 Ø  September trade deficit drops to $10.5 billion; Exports decline by 24.33%

 Ø  Alibaba gets CCI nod for acquiring 4.14% of Snapdeal

 Ø  Malaysia pitches $30 bn for townships and housing
Ø  Focus on nine more banks over money laundering issue

 Ø  Sahara owns much more than Grosvenor House

 Ø  Forex scam: 7 more banks under ED scanner; 1 arrested

 Ø  Oil companies increase diesel prices by 95 paise/ litre

 Ø  FinMin open to a Vodafone compromise offer

 Ø  Aurobindo Pharma gets USFDA nod for Alzheimer's treatment drug

 Ø  Call drops: Penalties on operators for deficient service doubled

 Ø  Sebi moves SC against DLF's plan to raise money

 Business Line

Mint
Ø  Adani’s $7-b Australian coal project gets green light, again

 Ø  Coal Ministry asks States to expedite clearances for auctioned mines

 Ø  Don’t dilute ‘fit & proper’ norm for stock exchanges: experts 

 Ø  Regulator orders encashing 25% of GAIL’s bank guarantee

 Ø  Textile sector urges govt to take steps to boost exports 

 Ø  Business optimism index for Q4 down 4.1%: D&B report
Ø  L&T to list five road assets via infra investment trust

 Ø  Coffee Day parent IPO subscribed 73% on Day 2

 Ø  Hathway Cable to demerge broadband business

 Ø  Mindtree’s Q2 profit rises 14.5% to Rs158.2 crore

 Ø  China telecom industry restructure pushes China Mobile up

 Ø  New rules to boost India shipping fleet; may dent foreign shippers: report

 Financial Express

Financial Chronicle
Ø  China's Sany Group to invest $3 billion in renewable energy sector in India

 Ø  Indian Railways to buy electricity at Rs 3.69 per unit from Adani Power

 Ø  RBI expected to cut rates just once in next 18 months: Poll

 Ø  Welspun India forays into e-commerce with online store

 Ø  WPI deflation bottoming out; to turn positive from Q1 2016: Nomura
Ø  Investors see 30% jump in their MF assets in one year

 Ø  Venture capitalists make highest investments in 2015

 Ø  Rs 2,000 cr fund to push financial inclusion

 Ø  FinMin denies attempt to stall FTIL, NSEL merger

 Ø  LIC Housing Fin Sep net profit climbs 21% to Rs 412 crore
Ø  Karur Vysya Bank Q2 profit surges 57% to Rs 142 cr
16/10/2015

 Market Update:
Sgx Nifty +33 pts‎
Dow +217.00 pts ,Nsdq -87.25 pts , S&P‎ +29.62 pts ,Bovespa +450 pts , Ftse +69 pts , Dax +148 pts, Cac +66 pts, Nikkei  +143 pts, now, Crude @ $46.89 brl (+0.46), Brent @ $48.71 (-0.44) , Gold @ $1181.60 (-5.90), Silver @ $16.09 (-0.07), Euro @ $1.1366, JPY @ $119.0900, INR @ $64.8250


 Indian Adr/Gdr

 Infy:+1.19%,      Wit:+1.30%
Ttm:+7.53%,     Rdy: -0.26%
Hdb:+1.68%,      Ibn:+2.49% 
SBID:+2.16%,  RIGD:+0.50%

Today's Corporate Action 
16th Oct Ex Date

INFY
Interim Dividend - Rs. - 10.0000
‎

 Today's Key Result
16th Oct

 Reliance( Cog Est Net 6012cr +5% Yoy)
Agro tech Food,Chowgule Steam,Edelweiss,International Comb,Niit Tech,Swaraj Eng,Tata Metals,Tata Sponge



Today's Global Data
Oct 16: US foreign central bank holdings data; 0200 IST

 Oct 16: US Federal discount window borrowings data; 0200 IST

 Oct 16: European Union Aug foreign trade data; 1430 IST

 Oct 16: European Union Sep harmonised consumer price index data; 1430 IST

 Oct 16: US weekly export sales data; 1800 IST

 Oct 16: US Aug treasury international capital data; 1830 IST

 Oct 16: US Sep industrial production and capacity utilisation data; 1845 IST

 Oct 16: US Aug job openings and labour turnover survey; 1930 IST

 Oct 16: US Oct University of Michigan consumer survey-preliminary

 Oct 16: Japan's Bank of Japan governor Haruhiko Kuroda addresses annual  meeting of credit co-operatives
‎
Oct 16: European Union Sep new passenger car registration data

 Oct 16: European Union summit concludes
Oct 16: US president Obama meets South Korean president at the White House
15/10/2015
Market Update:
Sgx Nifty +8 pts‎
Dow --157.17 pts ,Nsdq -13.76 pts , S&P‎ -9.45 pts ,Bovespa -652 pts , Ftse -72 pts , Dax -116 pts, Cac -34 pts, Nikkei  -86 pts, now, Crude @ $46.30 brl (-0.34), Brent @ $49.14 (-0.06) , Gold @ $1185.40 (+5.60), Silver @ $16.14 (+0.02), Euro @ $1.1465, JPY @ $118.9400, INR @ $65.0374


 Indian Adr/Gdr

 ‎Infy: -0.74%,      Wit: -0.89%
Ttm: -0.07%,     Rdy:+0.28%
Hdb: -0.23%,      Ibn: -0.34% 
SBID:-0.13%,  RIGD:+0.85%
‎
Today's Corporate Action 
15th Oct Ex Date
  

 GILLETTE
Dividend - Rs. - 15.0000
GILLETTE
Interim Dividend - Rs. - 19.5200
GREENFIELD
Stock  Split From Rs.10/- to Rs.2/-
LAMBODHARA
Stock  Split From Rs.10/- to Rs.5/-
SYMPHONY
Final Dividend - Rs. - 10.0000
TIGERLOGS
Bonus issue 3:2
TORRCABS
Amalgamation 
ZVINADTR
Bonus issue 47:1

 ‎

 Today's Key Result
15th Oct
‎Ccl Prod,Cyient,Db Corp,Garware 
Marine,Himat Siede,Jaybharat Maruti,Karur Vysa,Lakshmi vilas Bank,Lic‎ House,Mastek,Mind Tree,Sintex,Tata Metal,V-Guard
‎
Today's Global Data
Oct 15: US american petroleum institute's statistical bulletin for week Ended Oct 9; 0200 IST

 Oct 15: Japan Aug revised industrial production data; 1000 IST

 Oct 15: Japan Aug tertiary industry index data; 1000 IST

 Oct 15: US Oct empire state manufacturing survey; 1800 IST

 Oct 15: US jobless claims data for week ended Oct 10; 1800 IST

 Oct 15: US Sep real earnings data; 1800 IST

 Oct 15: US Sep consumer price index data; 1800 IST

 Oct 15: US Oct Philadelphia Fed business outlook survey; 1930 IST

 Oct 15: US New York Federal Reserve president Dudley speaks at event on
'The Fed at a crossroads: Where to go next?'

 Oct 15: US Cleveland Federal Reserve president Mester addresses New York  University Stern School of Business

 Oct 15: US energy information administration's natural gas storage report  for week ended Oct 9; 2000 IST

 Oct 15: US energy information administration's petroleum status report for week ended Oct 9; 2000 IST

 Oct 15: European Union summit begins
15/10/2015
Economic Times

Business Standard
Ø  Blackstone in talks with L&T to buy 1 m sq ft

 Ø  Virtusa set to buy Polaris Consulting for Rs 1,904-cr

 Ø  Government to use stabilisation fund to cool pulses price

 Ø  Wal-Mart sees $20 bn of market value wiped out

 Ø  PSUs to ink pact with domestic ships for 50% of imports

 Ø  France reaches out to India Inc for investment

 Ø  Govt may hike import duty on wheat to 25% to check imports
Ø  One-time fund infusion for stalled road projects

 Ø  ASK Group to raise $1 bn across realty, private equity

 Ø  Railways to ride $140 bn investment plan for safety, modernisation and passenger amenities

 Ø  FTIL sells remaining 11% stake to exit Indian Energy Exchange

 Ø  Urea subsidy: CCEA approves Rs 7,000 cr loan from banks

 Ø  Lupin-Boehringer announce tie up for diabetes drug

 Business Line

Mint
Ø  India most attractive investment destination: EY survey

 Ø   Coal case: Court frames charges against former coal secy, 5 others

 Ø  British unemployment hits seven-year low: data 

 Ø  SEBI asking rating agencies to avoid suspending cos not a ‘right move’

 Ø  Unichem gets USFDA nod to market Alzheimer treatment drug
Ø  Richest 1% own 53% of India’s wealth

 Ø  Govt said to be considering deregulation of natural gas prices

 Ø  Lupin in pact with Germany’s Boehringer to sell diabetes drugs in India

 Ø  Mahindra in talks with banks to raise overseas bond issue

 Ø  Govt battles pharma firms over cough syrup abuse, reducing supplies

 Financial Express

Financial Chronicle
Ø  HUL posts profit of Rs 962.24 cr in Q2, down 2.62% YoY

 Ø  Coffee Day Enterprises IPO subscribed 13% on Day 1

 Ø  Top 500 companies over-leveraged, recovery still away: India Rating

 Ø  Claiming tax benefit on serious ailment expenses made easy
Ø  Swachh Bharat 'cess' may hike petrol, diesel prices

 14/10/2015
Economic Times

Business Standard
Ø   Maruti banks on Baleno for hatchback slot

 Ø  Sun Pharma’s US arm Taro buys Zalicus of Canada

 Ø  Tax refunds for India Inc to ensure fair start to GST

 Ø  Govt may extend anti-dumping duty on cold rolled steel

 Ø  BSE becomes world's fastest stock exchange: Chauhan

 Ø  BoB may appoint audit agency to probe Forex scam

 Ø  Overseas investments by Indian firms fall to $1.24 b in Sept
Ø  TCS Q2 net up 6% q-o-q at Rs 6,055 cr

 Ø  SBI gets RBI's nod for starting real estate subsidiary

 Ø  NPCI, building India's retail banking backbone

 Ø  Indian refiners pay $700 mn oil dues second tranche to Iran

 Ø  Videocon loan conversion enabling resolution passed at EGM

 Ø  Tata Trusts to be a founding partner of Bharat Fund

 Business Line

Mint
Ø  Govt issues spectrum trading guidelines

 Ø  NSE to launch new facility on Wednesday

 Ø  FTIL makes last-ditch effort to avoid NSEL merger 

 Ø  IIP numbers encouraging, govt to continue with reforms: FinMin

 Ø  Chemists to strike nationwide on Oct 14 against e-pharmacy

 Ø  Coffee Day allots shares worth Rs. 334 cr to anchor investors
Ø  Govt frames rules for cab aggregators like Ola, Uber

 Ø  AB InBev to buy SABMiller for $104 billion in record deal

 Ø  DCB Bank Q2 profit falls 10.1% to Rs36.93 cr on higher provisions, tax costs

 Ø  R-Jio starts testing Jio Money for merchants

 Ø  Infosys to start seeing meaningful impact of automation by March 2016: Sikka

 Financial Express

Financial Chronicle
Ø  Bank of Baroda money laundering case: HDFC Bank official among 4 arrested

 Ø  Sensex closes 57 pts down, Nifty settles at 8,132; DB Realty soars 10%

 Ø  China plans to cut GDP target to 6.5% in next five-year plan

 Ø  India in Goldilocks period; GDP likely at 7.6%: Nomura

 Ø  S&P assigns investment grade rating to M&M with stable outlook
Ø  Nippon Life buys 14% more stake in RCAM for 1,196 cr

 Ø  Sebi to take up tax concessions for startups with govt

 Ø  Commercial space absorption up 20% in July-Sept quarter

 Ø  ICICI Pru Life, Tata AIA Life warned for violations

 Ø  Govt to review sugar export policy after prices rise
Ø  Suven Life gets patent for neuro-degenerative drug

 14/10/2015
SGX Nifty -31 pts (8100) from last trade 8131 , 

 Nikkei -368 pts , Hangseng -202 pts , NOW @6.54am , 

 Dow -49.97 pts ,Nsdq -42.03 pts , S&P -13.77 pts ,Bovespa -1980 pts , Ftse -28 pts , Dax -87 pts, Cac -45 pts, Crude @ $46.67 brl (+0.01), Brent @ $49.24 (-0.62) , Gold @ $1167.70 (+2.30), Silver @ $15.89 (-0.01), Euro @ $1.1392, JPY @ $119.6700, INR @ $65.1850


 Indian Adr/Gdr

 Infy: -1.96%,      Wit: -0.80%
Ttm: -0.15%,     Rdy: -1.01%
Hdb: -3.12%,      Ibn: -1.99% 
SBID:-0.53%,  RIGD: -0.33%

Today's Corporate Action 
14th Oct Ex Date

 None

Today's Key Result
14th Oct

 Hind Unilever( Cog Est Net 1034cr +5 % Yoy Time -During Mkt)
Zee Enter( Cog Est Net 238cr +5% Yoy Time -During Mkt)
Dic Ind,Goa Carb,Hinduja Vent,Network 18,Rasoi, Ttk Prestige,Tv18
Today's Data Alert 
14th Oct 12pm
Wpi Inflation

 13/10/2015
Economic Times

Business Standard

 Ø  IIP rises to 3-year high of 6.4% in August 

 Ø  India better placed in EMs to tackle outflows: IMF

 Ø  September retail inflation quickens to 4.41% y/y

 Ø  Dell to buy EMC for $67 billion in record deal

 Ø  IOC to spend Rs 32,500 cr on oil exploration, prodn

 Ø  Large-cap equity, debt funds underperform in last 5 years

 Ø  DLF plans to derisk with pre-sale project completion

Ø  Infosys Q2 net up 12% q-o-q at Rs 3,398 crore

 Ø  Global consultant submits draft report on RIL-ONGC gas issue

 Ø  FIIs cut stakes in PSU banks in September quarter

 Ø  Sebi plans 10-page abridged prospectus for IPOs

 Ø  Pay minimum annuity of Rs 1,000 monthly: IRDAI to insurers

 Ø  Yes Bank gets RBI nod for mutual fund, AMC and trustee co

 Ø  Sebi has no black money problem, says Sinha

 Business Line

Mint

 Ø  S&P cuts Volkswagen’s credit rating

 Ø  Angus Deaton wins 2015 Nobel Prize for Economics

 Ø  Solar sector attracts $6.2 bn corporate funding in Q3

 Ø  Centre circulates model GST laws among states 

 Ø  Hiring up 18% in September, outlook bullish: Naukri

 Ø   Coal scam: Court to hear arguments on charges from Dec 7   

Ø  Indian companies’ second quarter revenues seen at four year-lows

 Ø  Pune-based Kolte Patil buys out 100% stake in Corolla Realty for Rs 164 crore

 Ø  Aon to exit Indian insurance broking market

 Ø  A tale of two ITs and a $1.5 trillion opportunity

 Ø  Vodafone to launch 4G services in Mumbai by December this year

 Financial Express

Financial Chronicle

 Ø  BSE Sensex closes 175 points down, NSE Nifty settles at 8,143.60; IT stocks fall

 Ø  Economic recovery in India much slower than expected: BofA-ML

 Ø  Banks need Rs 5 lakh crore capital for Basel III norms: Study

 Ø  Reliance Industries drilled out at least 9 BCM of ONGC gas: Expert report

 Ø  5 kg subsidized LPG cylinders to be sold in rural India by IOC

Ø  General Motors ups focus on exporting from India

 Ø  NPS assets rise 38 pc to top Rs 1 trillion mark

 Ø  Suspected black money much less than Rs 6,100 cr: BoB

 Ø  5-fold jump in amount raised via IPOs in first half of FY16

 Ø  Commercial space absorption up 20% in July-Sept quarter
Ø  Bandhan Bank deposit base crosses Rs 1,500 cr
13/10/2015
Market Update:‎

 Sgx Nifty -1 pts‎
Dow +47.37 pts ,
Nsdq +8.18 pts , 
S&P‎ +2.57 pts ,
Bovespa Cls, 
Ftse -48 pts , 
Dax +23 pts, 
Cac -12 pts, 
Nikkei  -103 pts, 
now, Crude @ $47.56 brl (+0.46), 
Brent @ $49.87 (-2.79) , Gold @ $1161.70 (-2.80), 
Silver @ $15.83 (-0.02), Euro @ $1.1347, 
JPY @ $119.9700, 
INR @ $64.7525


 Indian Adr/Gdr

 Infy: -6.63%,      Wit: -2.34%
Ttm: -0.04%,     Rdy: -0.69%
Hdb: -0.05%,      Ibn: -0.88% 
SBID:-0.26%,  RIGD:+0.63%

Today's Corporate Action 
13th Oct Ex Date
  
None

 ‎

 Today's Key Result
13th Oct

 Tcs(Cog Cons Est Net 6070cr + 16% Yoy Time - After Mkt)
Alphageo Ind, Dcb Bank,Garware Marine,Sree Rayal Seema Alk

Today's Global Data
Oct 13: UK Sep British Retail Consortium-KPMG retail sales monitor; 0431 IST

 Oct 13: Japan Sep bank lending data; 0520 IST

 Oct 13: Japan Sep Bank of Japan Monetary Policy Meeting Minutes; 0520 IST

 Oct 13: Japan Sep electric power output data; 0730 IST

 Oct 13: Japan Sep consumer confidence survey; 1030 IST

 Oct 13: Germany Sep consumer price index and wholesale price index
data; 1130 IST

 Oct 13: Japan Sep preliminary machine tool orders data; 1130 IST

 Oct 13: UK third quarter Bank of England's bank liabilities survey; 1400 IST

 Oct 13: UK third quarter Bank of England's credit conditions survey; 1400
IST

 Oct 13: UK third quarter Bank of England's credit conditions review; 1400
IST

 Oct 13: UK Aug council of mortgage lenders' lending trends; 1400 IST

 Oct 13: UK Aug office for national statistics house price index; 1400 IST

 Oct 13: UK Sep inflation figures; 1400 IST

 Oct 13: UK Sep producer prices data; 1400 IST

 Oct 13: Germany Oct ZEW indicator of economic sentiment; 1430 IST

 Oct 13: US Sep national federation of independent business index of small
business optimism; 1530 IST

 Oct 13: US retail economist-Goldman Sachs chain store sales index for
 week ended Oct 10; 1715 IST

 Oct 13: US Johnson Redbook retail sales index for week ended Oct 10; 1825
IST

 Oct 13: US Sep treasury statement of government receipts and outlays; 2330
IST

 Oct 13: European Union quarterly report on euro area
Oct 13: UK office for budget responsibility forecast evaluation report
12/10/2015
Economic Times

Business Standard
Ø  High burnout rates pushing investment bank pros to join start-ups 
Ø  India seeks more FDI in insurance, defence: P Mukherjee 
Ø  Arun Jaitley pitches for reforms in World Bank at global meet
Ø  'Kingfisher diverted portion of loans to tax havens'
Ø  India cuts holdings of US govt securities to $116.3 bn
Ø  Coffee Day, IndiGo to beef up IPO mkt to 4-yr record
Ø  Unichem plans sale of domestic formulations biz

Ø  ONGC may not get much compensation in gas dispute with RIL
Ø  Govt committed to upliftment of downtrodden, says Modi
Ø  $15-20bn of commercial space eligible for REITs in 2-3 years
Ø  IMF-WB appreciative of India's policy steps: FinMin
Ø  RBI net seller of dollars in August, sells $1.559 bn
Ø  Bombay HC refuses to grant extension to Elder Pharma to repay Rs 155 cr
Ø  India climbs one rank with a 32% sprint in brand value
Business Line

Mint
Ø  57 coal-based power units identified for upgrade 
Ø  Adhia outlines reforms to bring down graft in I-T Dept
Ø  Novartis buys another 2.5% in Israel's Gamida Cell 
Ø  GMR Infra, Japan’s JGC in pact to co-develop food processing park 
Ø  WTO effect: India may halt export subsidies for raw sugar 
Ø  Vedanta trims opex, capex in second quarter 

Ø  BSE drops plans for separate commodity bourse
Ø  CBI searches BoB branches over suspected black money transfer
Ø  Swan Energy gets shareholders’ nod to mop up Rs.1,200 crore
Ø  EPA’s new Volkswagen probe may reveal failure to disclose
Ø  Bandhan Bank to raise Rs500 crore from investors by March
Financial Express

Financial Chronicle
Ø  Amazon, Flipkart, Snapdeal flouting FDI norms: CAIT
Ø  Consumers to splurge $8 bn on e-commerce this festive season: Assocham
Ø  Market outlook: Earnings from Infosys & TCS, macro data to set trend
Ø  Govt to commission study on impact of FDI in pharma

Ø  Rate cut tempts shoppers to buy new cars, major appliances
Ø  Top 9 cos add Rs 80k cr in mkt cap; ONGC steals show
Ø  Traders asked to pay advance tax rather than returns
Ø  Windows 10 fails to revive sagging PC shipments in Q3
Ø  Irdai panel sets 175% solvency to repatriate capital

Ø  NPS assets rise 38 pc to top Rs 1 trillion mark

 12/10/2015
SGX Nifty +17 pts (8212) , 

 Nikkei clsd , Hangseng +155 pts , NOW @6.54am , 

 Dow +33.7 pts ,Nsdq +19.68 pts , S&P +1.46 pts ,Bovespa +231 pts, Ftse +41 pts , Dax +103 pts, Cac +25 pts, Crude @ $49.82 brl (+0.19), Brent @ $52.85 (+0.85) , Gold @ $1155.10 (-0.80), Silver @ $15.79 (-0.02), Euro @ $1.1374, JPY @ $120.1300, INR @ $64.07350


 Indian Adr/Gdr

 Infy: -0.05%,      Wit:+1.75%
Ttm:+2.85%,     Rdy: -0.35%
Hdb: -1.30%,      Ibn:+1.67% 
SBID:+1.45%,  RIGD: -0.23%

Today's Corporate Action 
12th Oct Ex Date

 None
Today's Key Result
12th Oct
Infy(Cog Cons Est Net 3256cr + 5% Yoy Time- Before Mkt)
Gillette, Pincon Spirit ,Reliance Ind Infra, Welcure Drug
Today's Data Alert
12th Oct

 IIP Data Est 4.5% Vs 3.66%
CPI Retail Est 4.7% Vs 4.2%
Time- 5.30pm

Source -Cogencis

 09/10/2015
Economic Times

Business Standard
Ø  US Fed worries about China slowdown, strong dollar: Minutes

 Ø  Accenture plans to hire nearly 100,000 in FY16, spend $1 bn on acquisitions 

 Ø  'ONGC's natural gas may have gone into RIL fields'

 Ø  Fund houses of Rel, HDFC in race for Goldman’s MF biz

 Ø  IMF chief Lagarde sees tough policy trade-offs 

 Ø  US jobless claims fall to near a 42-year low

 Ø  Digital tie-up failure puts cos at $1.5 tn growth risk

 Ø  Govt gives tax sops on molasses to boost ethanol production
Ø  RBI liberalises norms for booking of forward contracts

 Ø  India pushes for greater trade with Latin America

 Ø  RBI revises risk weight, loan to value ratio norms home loans

 Ø  Cipla ties up with Serum Institute to supply vaccines in South Africa

 Ø  Off-grid wind power projects to face financing issues: India Ratings

 Ø  CARE assigns investment grade BBB- rating to Suzlon

 Ø  Tata Teleservices pins its hope on Viom stake sale

 Ø  Government in FTA talks with Peru

 Business Line

Mint
Ø  Vodafone gets reprieve from HC in transfer pricing case

 Ø  Moody’s assigns lowest investment grade rating to M&M 

 Ø  Green panel nod for import of coal with higher ash content

 Ø  Era of tax avoidance over for corporates: CBDT chief 

 Ø  Police raid VW HQ, US chief admits knew of problem in 2014

 Ø   BSE penalises 370 firms for not getting women on board  
Ø  Urban MFI borrowers outstrip rural counterparts

 Ø  GMR likely to charge user development fee at Hyderabad airport

 Ø  Volkswagen India to recall 389 Polo cars

 Ø  DLF promoters to sell 40% stake in rental arm

 Ø  TVS Logistics buys majority stake in Australia’s Transtar

 Financial Express

Financial Chronicle
Ø  Most major economies weakening, but India's growth firming up: OECD

 Ø  Home buyers can now get more loan for property up to Rs 30 lakh: RBI

 Ø  India not even close where China was 5 yrs ago: Chinese daily

 Ø  14 Indian families in Forbes' 50 richest families in Asia; Ambanis on 3rd

 Ø  Maggi ban: Nestle questions NCDRC's jurisdiction to try suit
Ø  India needs bold reforms to achieve true potential: HSBC

 Ø  PE funding in realty expected to touch $10b this fiscal

 Ø  Payment of $700m to Iran won't impact currency market: RBI

 Ø  Depreciating rupee, appreciating NRI realty market

 Ø  MRPL plans to set up LNG Terminal at Mangalore port
Ø  Reliance Infra to sell cement business to cut debt

09/10/2015
Market Update:
Sgx Nifty +48 pts‎
Dow +138.46 pts ,Nsdq +19.64 pts , S&P‎ +17.60 pts ,Bovespa +192 pts, Ftse +38 pts , Dax +22 pts, Cac +8 pts, Nikkei  +183 pts , now, Crude @ $49.61 brl (+0.18), Brent @ $53.05 (+1.72) , Gold @ $1139.40 (-4.90), Silver @ $15.69 (-0.08), Euro @ $1.1284, JPY @ $119.9200, INR @ $65.0788

US GENERIC GOVT. 10 -  YEAR YIELD : 2.0792%

 Indian Adr/Gdr
Infy:+0.79%,      Wit:+1.13%
Ttm:+0.72%,     Rdy:+0.64%
Hdb: -0.42%,      Ibn: -0.33%
SBID:+3.63%,  RIGD: -2.32%
Today's Corporate Action 
9th Oct Ex Date
  
None
Today's Key Result
9th Oct

 Indus Ind Bank(Cog Est Net 536 Cr +25% Yoy)
Innoventive Ind

Today's Global Data

 Oct 9: US Federal Discount Window Borrowings; 0200 IST

 Oct 9: US foreign central bank holdings; 0200 IST

 Oct 9: US money stock measures; 0200 IST

 Oct 9: UK Aug trade data; 1400 IST

 Oct 9: US Sep import & export price indexes; 1800 IST

 Oct 9: Federal Reserve Bank of Chicago President Charles Evans speech at CFA  Society Milwaukee; 2300 IST
Oct 9: US world agricultural supply & demand estimates
08/10/2015
Economic Times

Business Standard
Ø US budget deficit drops to $435 billion, office says

 Ø Govt plans to seek special dividend from top PSUs to meet tax deficit 

 Ø 'China faces unprecedented eco policy challenge'

 Ø Moody's maintains US credit rating and stable outlook

 Ø US dollar is own worst enemy, says London hedge fund

 Ø Tea Board enforcing PPC to check excess use of chemicals
Ø RBI to be payment aggregator for GST

 Ø Sebi steers clear of fresh probe in NSEL scam

 Ø Redington to acquire Turkey based Linkplus

 Ø SC refuses to modify order restricting use of Aadhaar cards

 Ø Govt should allow FDI in multi-brand through PPP: Assocham

 Ø Insurance Regulator may allow long term products in health

 Business Line

Mint
Ø India’s solar installations set to quadruple in two years 

 Ø Tesco shows signs of recovery after profit collapse

 Ø BSE to conduct PAN-based self-trade prevention checks from Oct 12 

 Ø Indian pharma sector likely to achieve $55 bn turnover by 2020

 Ø Additional spectrum: Court to pass order on charge on Oct 15

 Ø Tata Steel UK’s deficit in pension scheme stands at $138 m 
Ø IMF warns emerging markets of risk from external shocks

 Ø Maharashtra govt orders Lavasa to return 191 acres of land to tribals

 Ø ONGC boosts spending as exploration costs likely to drop

 Ø Volkswagen halts sale of Polo models in India

 Ø 75% of Jaypee Group’s debt has default rating

 Ø ArcelorMittal exits Algeria by handing over stakes to govt

 Financial Express

Financial Chronicle
Ø Sensex jumps 103 points up on global cues, strong rupee, Nifty settles at 8,177;

 Ø Air India to raise Rs 700-cr bank loan to pay for 6 Dreamliners

 Ø RBI's e-Kuber be used for a/c settlement under GST: Panel

 Ø Trucks entering Delhi to pay environmental tax: NGT

 Ø PM Narendra Modi's Make-in-India plan could hurt IAF
Ø HC restrains Glenmark from business of anti-diabetes drugs

 Ø ONGC, Cairn seek relief from high crude tax

 Ø Punj Lloyd enters transmission, distribution segment

 Ø Jubilant Life gets USFDA nod for Indomethacin capsules
Ø Mercedes-Benz India sales up 34% in Jan-Sep period

 08/10/2015
Market Update:
Sgx Nifty +22 pts‎
Dow +122.10 pts ,Nsdq +42.79 pts , S&P‎ +15.91 pts ,Bovespa +137 pts, Ftse +10 pts , Dax +67 pts, Cac +6 pts, Nikkei  -30 pts , now, Crude @ $48.22 brl (+0.41), Brent @ $51.33 (-0.49) , Gold @ $1144.70 (-4.00), Silver @ $16.02 (-0.07), Euro @ $1.1243, JPY @ $119.8800, INR @ $64.9600

‎

 Today's Corporate Action 
8th Oct Ex Date
  

 AMINES & PLASTICIZERS LTD.
Bonus issue 1:1 
Captain Polyplast Ltd
Bonus issue 1:8
Pincon Spirit Ltd
Bonus issue 1:1
SHIVAM AUTOTECH LTD.
Bonus issue 1:1

Today's Key Result
8th Oct

 8K Miles Software Services Ltd

Today's Global Data
‎
Oct 8: US Aug consumer credit; 0030 IST

 Oct 8: US Sep RICS residential market survey; 0431 IST

 Oct 8: UK Sep REC and KPMG report on jobs; 0431 IST

 Oct 8: Japan Sep provisional trade statistics for first 20 days of month;
0520 IST

 Oct 8: Japan Aug balance of payments; 0520 IST

 Oct 8: Japan Apr-Jun revised balance of payments; 0520 IST

 Oct 8: Japan Aug orders received for machinery; 0520 IST

 Oct 8: Japan Sep international transactions in securities; 0520 IST

 Oct 8: Japan Sep corporate insolvencies; 1000 IST

 Oct 8: Japan Sep Economy Watchers survey; 1030 IST

 Oct 8: Japan Oct Bank of Japan report; 1030 IST

 Oct 8: Germany Aug manufacturing turnover; 1130 IST

 Oct 8: Germany Aug foreign trade; 1130 IST

 Oct 8: European Union Apr-Jun Balance of payments - second release; 1430 IST

 Oct 8: Germany Ifo economic forecast of German economic research institutes   1430 IST

 Oct 8: Bank of England Oct monetary policy committee meeting minutes; 1630
IST

 Oct 8: UK interest rate decision; 1630 IST

 Oct 8: European Central Bank's accounts of last monetary policy discussions; 1700 IST

 Oct 8: US weekly export sales; 1800 IST

 Oct 8: US unemployment insurance weekly claims report - initial claims for
the  week ended Oct 3; 1800 IST

 Oct 8: Federal Reserve Bank of St. Louis President James Bullard to speak at the Children's Saving Account Symposium; 1900 IST

 Oct 8: US consumer comfort index; 1915 IST

 Oct 8: US Energy Information Administration natural gas storage report for the week ended Oct 2

 Oct 8: US Sep US retail chain store sales index; 2130 IST

 Oct 8: Federal Reserve Bank of Minneapolis President Narayana Kocherlakota
to  speak at Greater Mankato Growth Luncheon; 2200 IST

 Oct 8: US Federal Open Market Committee meeting minutes and economic forecast;  2330 IST
Oct 8: German Chancellor Angela Merkel meets Israeli Prime Minister Benjamin Netanyahu
06/10/2015
Market Update:
Sgx Nifty +76 pts
Dow +304.06 pts ,Nsdq +73.49 pts , S&P +35.69 pts ,Bovespa +564 pts, Ftse +168 pts , Dax +261 pts, Cac +158 pts, Nikkei  +340 , now, Crude @ $46.34 brl (+0.08), Brent @ $49.33 (+0.08) , Gold @ $1135.30 (-2.30), Silver @ $15.62 (-0.09), Euro @ $1.1188, JPY @ $120.4600, INR @ $65.3000


 Indian Adr/Gdr
Infy:+2.91%,      Wit:+1.72%
Ttm:+5.57%,     Rdy:+2.03%
Hdb:+2.97%,      Ibn:+3.64% 
SBID:+2.83%,  RIGD:+2.57%
Today's Corporate Action 
6th Oct Ex Date
ALPINE HOUSING DEVELOPMENT CORPORATION LTD.
Bonus issue 1:1,
ALPINE HOUSING DEVELOPMENT CORPORATION LTD.
Dividend - Rs. - 1.0000
CADILA HEALTHCARE LTD.

Stock  Split From Rs.5/- to Rs.1/-

 06/10/2015
Economic Times
Business Standard

 Ø  Coal digger: India aims to start Asia's biggest coal mine in 5 yrs 

 Ø  BoB investigating Rs 350-crore bill discounting fraud

 Ø  Ageing Chinese dragon makes way for India in top spot among EMs

 Ø  'Private equity activity may hit record high in 2015'

 Ø  India, Lithuania agree to collaborate in agriculture sector

 Ø  Govt to spend Rs 70k crore on 12 major ports: Gadkari

 Ø  Government to soon decide Monetary Policy Committee structure: Shaktikanta Das

Ø  Tax collections to fall 5-7% short of target

 Ø  Sebi probes JPMorgan's risk assessment system

 Ø  Indian GDP predicted at 7.5% in 2015-16: World Bank

 Ø  Germany offers 2 bn euros for clean energy corridor, solar projects

 Ø  RBI initiates corrective action on Indian Overseas Bank

 Ø  US scraps discriminatory outsourcing fee on Indian firms

 Ø  Educomp sells entire stake in Wiz Learn Technology

 Ø  NMDC cuts iron ore price by 12% for October

 Business Line

Mint

 Ø  ‘No dumping levy’ between provisional, final orders 

 Ø  Cabinet monitoring has fast-tracked projects worth $112 b, says Minister 

 Ø  Crisil downgrades debt worth Rs 2.4 lakh cr in H1 FY16

 Ø  Gas price cut will hit investments in new reserves: Moody’s

 Ø  ‘India’s poverty rate lowest among nations with poor population’ 

Ø  HDFC home loans get cheaper as lender cuts benchmark rate

 Ø  OECD reveals plan for tax clampdown on multinationals

 Ø  Method of computing GDP deflator misleading: RBI

 Ø  Sun Pharma settles US patent litigation with Actavis over skin care drug

 Ø  September quarter corporate earnings may disappoint

 Financial Express

Financial Chronicle

 Ø  Sensex ends 565 points up at 26,785, Nifty settles at 8,119;

 Ø  Govt raises import duty on ghee, butter to 40%

 Ø  Black money disclosure: Govt revises amount higher at Rs 4147 cr

 Ø  'Motherson Sumi expects revenue growth at CAGR of 24-25% in next 5 years'
Ø  Alstom bags Lucknow Metro contract worth Rs 1,100 crore

 05/10/2015

Economic Times

Business Standard

 Ø ONGC to seek govt help for $6-bn KG project

 Ø Adani to buy Welspun’s 2 Ready-to-build power plants

 Ø State Bank of India to charge up to 10% for home loans

 Ø Cabinet to consider Rs 4.3 lakh-crore loan recast of discoms

 Ø India pledges to increase use of non-fossil fuels

 Ø Indiabulls's $1 billion issue gets shareholders' nod

 Ø Center to invite bids for national agri market platform

Ø Volkswagen India sales down after 7 months of growth

 Ø Lower costs, be vigilant of risky assets, Sebi tells AMCs

 Ø NMDC slashes iron ore rates by over 50%; more revision likely

 Ø New gas price will discourage exploration: S&P

 Ø RBI likely to go for final 25 bps rate cut in Feb: BofA-ML

 Ø NTPC may sell power to B’desh from upcoming Assam plant

 Business Line

Mint

 Ø ‘Transmission of interest rates cut will help pick-up in consumption demand’ 

 Ø Govt to make PAN card must for cash transactions beyond a limit

 Ø NSE to launch self-trade prevention system from Oct 12

 Ø Lack of capital affecting first generation entrepreneurs: SIDBI 

 Ø Switzerland to publish 1st list of unclaimed accounts in December 

 Ø India to pay another $700 mn to Iran on Oct 12 

Ø Indian banks forced to inject funds into UK subsidiaries: report

 Ø HDFC raises more than Rs.10,000 cr through issuance of securities

 Ø Maruti board approves pact with Suzuki arm for Gujarat plant

 Ø Adani Ports signs pact with L&T Shipbuilding to evaluate Kattupalli Port

 Ø DLF board to meet on 8 October to prepare road map for rental business

 Financial Express

Financial Chronicle

 Ø Pending tax issues will be referred to Shah panel: CEA Arvind Subramanian

 Ø Tata Steel invests Rs 22K crore in Odisha project; to start operation soon

 Ø SC to examine Essar's plea against Rs 2,300-cr fine by DGVCL

 Ø Regulatory environment key risk for India's airport sector: S&P

 Ø Wary of risks, GAIL to take 10 pct stake in TAPI pipeline

Ø FPIs in exit mode, pull out Rs 6,500 crore in Sep

 Ø Infosys topples HDFC Bank as third most valued co

 Ø Another mixed week for markets as China’s turmoil clouds sentiment

 Ø Guar to trade lower as demand falls on US shale gas slump

 Ø BSE to stop LEIPs on single stock options contracts from Oct 16
Ø Pharma sector growth may remain strong: ICRA

05/10/2015

 Market Update:
Sgx Nifty +53 pts‎ Nifty Fut(7976)
Dow +200.36 pts ,Nsdq +80.69 pts , S&P‎ +27.54 pts ,Bovespa +1720 pts, Ftse +57 pts , Dax +43 pts, Cac +32 pts, Nikkei +246 , now, Crude @ $45.52 brl (-0.02), Brent @ $48.13 (+0.00) , Gold @ $1136.80 (+0.20), Silver @ $15.25(-0.01), Euro @ $1.1224, JPY @ $119.9900, INR @ $65.5125


 Today's Corporate Action 
5th Oct Ex Date


 Ojas Asset Reconstruction Company Ltd

Stock Split From Rs.10/- to Rs.1/-







01/10/2015
Economic Times

 Business Standard

 Ø  Govt infuses Rs 13,955 cr capital into 8 PSU banks

 Ø  Foreign owned assets in India rise to $891.5 bn

 Ø  Dabhol power project to be split to revive plant

 Ø  Investors pull $40 bn from emerging market assets in Q3: IIF

 Ø  NBFC-MFIs chargeable interest rate fixed at 9.82% for December quarter

 Ø  Government should allow FDI in e-commerce retail trading: Report

Ø  April-Aug fiscal deficit at 66.5% of Budget estimate

 Ø  India gets 14% lower rainfall in June-Sept monsoon season

 Ø  RCom to offer 4G with Jio partnership

 Ø  GSK Pharma completes acquisition of Novartis vaccines business

 Ø  Govt expects call drop issue to be resolved by Oct-end

 Ø  Maharashtra raises VAT on cigarettes, liquor, petrol, diesel, gold

 Business Line

Mint

 Ø   Infrastructure sector growth slows down to 2.6% in August

 Ø  Foreign firms to breathe easy as Govt stands by MAT promise

 Ø  S&P cuts Tata Motors rating on China jitters

 Ø  Govt to join Cairn tax arbitration; to appoint arbitrator soon

 Ø  Natural gas price slashed by 16% to $4.24/unit

 Ø  Steel dumping: safeguard duty is no solution, says CII chief  

Ø  Softness in global economy to extend into 2016, says IMF chief

 Ø  India jumps 16 places in WEF competitiveness ranking

 Ø  Jaiprakash Associates to sell wind power plants in Maharashtra, Gujarat

 Ø  HCL Tech revenue warning should curb irrational expectations

 Ø  Ratnagiri Gas to split LNG, Power businesses for restart

 Financial Express

Financial Chronicle

 Ø  State lenders Axis Bank, PNB, BoB, OBC cut base rate by up to 0.40%

 Ø  Toyota Motor clocks 11 pct growth in Jan-Sept 2015

 Ø  Fitch lowers GDP forecast to 7.5 pct for 2015-16

 Ø  Godrej Properties sells Mumbai office space to Abbott for Rs 1,480 cr

 Ø  Sensex closes 376 points up on upbeat global cues, Nifty at 7,949

Ø  Gas price cut to $3.82; will dent govt revenues by Rs 800 cr

 Ø  Govt accounts show Rs 15,808 cr surplus

 Ø  Nippon Life to hike stake in life insurance, MF biz: Ambani

 Ø  Tax-free bonds witness price spike on bourses

 Ø  Rajan says not running for IMF chief's job: Report
Ø  Pharma, tech funds top equity fund mart in Sept
01/10/2015
Market Update:‎
Sgx Nifty +29 pts
Dow +235.57 pts ,Nsdq +102.84 pts , S&P‎ +35.94 pts ,Bovespa +925 pts, Ftse +152 pts , Dax +210 pts, Cac +111 pts, Nikkei  +85 , now, Crude @ $45.31 brl (+0.22), Brent @ $48.37 (+0.08) , Gold @ $1114.60 (-0.70), Silver @ $14.50(-0.01), Euro @ $1.1172, JPY @ $119.8100, INR @ $65.5900


 Indian Adr/Gdr
Infy:+5.76%,      Wit:+2.33%
Ttm:+3.16%,     Rdy:+3.73%
Hdb:+1.61%,      Ibn:+0.96%
SBID: -0.19%,  RIGD:+1.43%
Today's Corporate Action 
1st Oct Ex Date

 IDFC
Spin Off ‎

‎

 Today's Global Data
Oct 1: UK Sep CBI growth indicator survey; 0431 IST

 Oct 1: Jul-Sep Tankan survey of enterprises in Japan; 0520 IST

 Oct 1: Japan Sep manufacturing purchasing manager's index; 0705 IST

 Oct 1: Japan Sep auto sales; 1030 IST

 Oct 1: Germany Sep manufacturing PMI; 1325 IST

 Oct 1: European Union Sep manufacturing PMI; 1330 IST

 Oct 1: UK Sep CIPS/Markit manufacturing PMI; 1400 IST

 Oct 1: UK financial policy committee record of latest meeting; 1400 IST

 Oct 1: US Sep Challenger job-cut report; 1700 IST

 Oct 1: US weekly export sales; 1800 IST

 Oct 1: US Unemployment insurance weekly claims report - initial claims for
week ended Sep 26; 1800 IST

 Oct 1: US G24 committee of the whole meeting; 1900 IST

 Oct 1: US Sep manufacturing PMI; 1915 IST

 Oct 1: US Bloomberg consumer comfort index; 1915 IST

 Oct 1: World Bank President Jim Yong Kim speaks on 'What Works in
Development';
1930 IST

 Oct 1: US Aug construction spending - construction put in place; 1930 IST

 Oct 1: US Sep ISM manufacturing report on business; 1930 IST

 Oct 1: US EIA weekly natural gas storage report for week ended Sep 25; 2000
IST

 Oct 1: US Sep global manufacturing PMI; 2030 IST

 Oct 1: US fiscal year begins
Oct 1: US Atlantic Council Global Citizen Awards dinner
30/09/2015
Economic Times

Business Standard
Ø  World won't achieve goals without India: Bill Gates

 Ø  Rate cut shows RBI considering growth trends subdued: Moody's

 Ø  India need not worry about Glencore troubles: Rajan

 Ø  Govt may invest Rs 3.3L cr in transmission sector

 Ø  EM firms' $18 tn debt needs careful watching: IMF

 Ø  Banks will have to follow new base rate calculation: Rajan

 Ø  RBI allows FPIs to buy up to 49% in Eveready

 Ø  Finmin to compile list of projects for foreign govts
Ø  India up 16 spots to 55th in global competitiveness

 Ø  RBI's 50 bps rate cut takes bond yields near 26-month low

 Ø  RBI allows corporates to raise up to $750 mn via rupee denominated bonds overseas

 Ø  Power Grid commissions first power transmission express highway

 Ø  Renuka Sugar's Brazilian arm applies for bankruptcy protection

 Ø  Suzlon completes commissioning of wind power turnkey project

 Ø  Antrix told to pay Devas $672 million

 Business Line

Mint
Ø   Rain deficit slips back to 14% as monsoon resumes withdrawal 

 Ø  SEBI issues final norms for commodity derivatives brokers 

 Ø   Idea gets shareholders nod to raise up to Rs. 10,000 cr 

 Ø  Imports to help India meet 70% of edible oil demand 

 Ø  MFs exposure to software stocks hits all-time high of Rs 40,602 crore 

 Ø  Jaitley nudges banks to pass on rate cut benefit to borrowers 
Ø  Rupee closes stronger against US dollar at 65.96 after RBI policy

 Ø  Reserve Bank shifts focus from inflation to growth

 Ø  Sun Pharma starts tender offer for InSite Vision buyout

 Ø  Steel producers likely to hike prices by up to Rs 1,500/tonne

 Ø  Govt delays implementation of bigger tobacco pack warnings

 Ø  Infogain to buy IT operations of Blue Star Infotech

 Financial Express

Financial Chronicle
Ø  Sensex closes 162 points up at 25,779 after RBI rate cut lifts sentiments, Nifty settles at 7,843

 Ø  Reserve Bank of India lowers GDP forecast for FY16 to 7.4%

 Ø  Sun Pharmaceutical makes tender offer to acquire InSite Vision

 Ø  Households expect inflation to stay in double digits: Survey

 Ø  Antrix Corp asked to pay $562 mn in damages in Devas Multimedia dispute
Ø  US welcomes diaspora role in India's development: Obama

 Ø  Govt to review interest rate on small saving schemes

 Ø  Chidambaram welcomes RBI rate cut of 0.5%

 Ø  Hindustan Motors misses interest on debentures

 Ø  RBI rate cut to benefit housing, auto, FMCG sectors
Ø  FPI investment limit in G-sec hiked to 5% of outstanding stock
30/09/2015
Market Update:
Sgx Nifty +36 pts
Dow +47.24 pts ,Nsdq -26.65 pts , S&P‎ +2.32 pts ,Bovespa +175 pts, Ftse -49 pts , Dax -33 pts, Cac -13 pts, Nikkei  +334 , now, Crude @ $44.89 brl (-0.34), Brent @ $48.23 (+0.89) , Gold @ $1125.40 (-1.40), Silver @ $14.57(+0.00), Euro @ $1.1257, JPY @ $119.8800, INR @ $65.9550

Today's Corporate Action 
30th Sep Ex Date

 CMC
Amalgamation 
‎
Today's Global Data

 Sep 30: US Sep agricultural prices; 0030 IST

 Sep 30: US API weekly statistical bulletin for week ended Sep 25; 0200 IST

 Sep 30: UK Sep consumer confidence survey; 0435 IST

 Sep 30: Japan Aug preliminary industrial production; 0520 IST

 Sep 30: Japan Aug preliminary retail sales; 0520 IST

 Sep 30: Japan Aug Auto exports; 0930 IST

 Sep 30: Japan Aug Auto production; 0930 IST

 Sep 30: Japan Aug preliminary report on petroleum statistics; 1000 IST

 Sep 30: Japan Aug housing starts; 1030 IST

 Sep 30: Japan Aug construction orders; 1030 IST

 Sep 30: UK Sep nationwide house price index; 1130 IST

 Sep 30: Germany Aug retail trade; 1130 IST

 Sep 30: EU Sep EuroCOIN indicator of euro area economic activity; 1300 IST

 Sep 30: Germany Sep labour market statistics (including unemployment); 1330
IST

 Sep 30: UK Apr-Jun quarterly national accounts (GDP); 1400 IST

 Sep 30: UK Apr-Jun balance of payments; 1400 IST

 Sep 30: UK Jul monthly service sector figures; 1400 IST

 Sep 30: UK Apr-Jun business investment revised results; 1400 IST

 Sep 30: European Union Aug unemployment; 1430 IST

 Sep 30: European Union Sep flash estimate euro area inflation; 1430 IST

 Sep 30: US MBA weekly mortgage applications survey for week ended Sep 25; 1630 IST

 Sep 30: US Sep ADP national employment report; 1745 IST

 Sep 30: US Apr-Jun state quarterly personal income; 1800 IST

 Sep 30: IMF releases currency composition of official foreign exchange reserves quarterly data; 1830 IST

 Sep 30: US Sep ISM-Chicago Business Survey - Chicago PMI; 1915 IST

 Sep 30: US Aug metropolitan area employment & unemployment; 1930 IST

 Sep 30: US Sep online help wanted index; 1930 IST

 Sep 30: US EIA weekly petroleum status report for week ended Sep 25; 2000
IST

 Sep 30: IMF Managing Director Christine Lagarde speaks at Council of the America hosted event; 2000 IST

 Sep 30: IMF Managing Director Christine Lagarde briefs US Senate committee on Ukraine; 2330 IST

 Sep 30: US fiscal year ends

 Sep 30: US latest tpp ministers meeting

 Sep 30: European Union Council of Europe parliamentary assembly annual
debate on OECD
Sep 30: IMF economic counsellor and research department director Olivier Blanchard retires
29/09/2015
Economic Times

 Business Standard

 Ø  'Confident of maintaining fiscal deficit at 3.9%'

 Ø  Govt to borrow $37.7 bn in Oct-Mar: Reports

 Ø  Indian oil cos to pay $700 mn to Iran on Wednesday

 Ø  Bill Gates drops by during Modi-Hollande meeting

 Ø  European corporate offers $5 bn to bail out Sahara

 Ø  FMC reform measures to make it easier for Sebi: Outgoing chief

 Ø  Tata Sons issues pref shares of Rs 47.5 cr to brass

 Ø  Nestle cancels contract manufacturing of Maggi
Ø  India, US sign $3-bn contract for Apache, Chinook helicopters

 Ø  Tata Steel to resume iron ore sourcing from its Jharkhand mines

 Ø  IRDAI to look into financial position for giving listing approval to non-life, health, reinsurers

 Ø  Jaitley hints at cutting govt stake in IDBI Bank below 50%

 Ø  UB Holdings fighting case against lenders on guarantees for Kingfisher Airlines

 Ø  Bajaj Auto sets eye on Russian market, begins export of Pulsar

 Business Line

Mint

 Ø   Banks, FPIs can now invest in commodity futures

 Ø  Quick Heal, L&T arm, two others plan public issues 

 Ø  Nearly 1.29 lakh VW cars in Switzerland affected by diesel scandal 

 Ø  BSE StAR MF processes over 63,000 orders in single day 

 Ø  Crompton Greaves wins €17-mn order from Spanish firm GNF 

 Ø  Lanco Infra assures shareholders of better times ahead 

Ø  Sebi in favour of gradually allowing more commodity products

 Ø  Barack Obama says US willing to work with Russia, Iran on Syria crisis

 Ø  Reliance Defence in pact with Emirates Defence for strategic partnership

 Ø  Audi says 2.1 million cars worldwide fitted with emission-cheating software

 Ø  Accenture results no pointer to Indian IT performance

 Financial Express

Financial Chronicle

 Ø  Sensex ends 247 points down ahead of RBI policy review

 Ø  FMC merges with Sebi; Arun Jaitley solemnises amalgamation

 Ø  Banks will not support stressed power distributors: FM Arun Jaitley

 Ø  Modi US visit: Critical for PM to deliver on Digital India, JAM, SEBs

Ø  Govt open to dilute its stake in PSBs to 52%: Jaitley

 Ø  Govt to extend duty-free import of pulses by 3 months

 Ø  Bullion suffers fresh setback on global cues, falls to 3-week low

 Ø  Credit card spends top Rs 1 lakh cr; rise by 22%

 Ø  Sugar mills may get benefits to boost export
Ø  L&T bags Rs 1,500 cr project
29/09/2015
Market Update:
Sgx Nifty -74 pts
Dow -312.78 pts ,
Nsdq -142.53 pts , 
S&P‎ -49.57 pts ,
Bovespa -874 pts, 
Ftse -150 pts , 
Dax -204 pts, 
Cac -123 pts, 
Nikkei  -392 , 
now, 
Crude @ $44.55 brl (+0.02), 
Brent @ $47.34 (-1.47) , Gold @ $1131.90 (+0.20), 
Silver @ $14.55 (+0.01), Euro @ $1.1248, 
JPY @ $119.6300, 
INR @ $66.0450

Indian Adr/Gdr
Infy:+0.17%,      Wit: -1.19%
Ttm: -5.03%,      Rdy:+2.66%
Hdb: -3.95%,      Ibn: -3.31%
SBID: -1.23%,  RIGD: -0.82%

 Today's Corporate Action 
28th Sep Ex Date
None

 Today's Rbi Monetary Policy: 

Repo and Rev Repo Rate Est 25 basis pts Rate Cut

 28/09/2015
SGx Nifty -14 pts (7882) from last trade nifty Fut 7896 , 

 Nikkei -128 pts , Hangseng clsd , NOW @6.53am , 

 Dow +113.35 pts ,Nsdq -47.98 pts , S&P -0.90 pts ,Bovespa -460 pts, Ftse +147 pts , Dax +260 pts, Cac +133 pts, Crude @ $45.41 brl (-0.29), Brent @ $48.39 (-0.26) , Gold @ $1146.10 (+0.50), Silver @ $15.11 (0.00), Euro @ $1.1209, JPY @ $120.2900, INR @ $66.1563


 Infy:+0.74%,      Wit:+0.51%
Ttm: -0.22%,      Rdy: -0.73%
Hdb:+2.26%,      Ibn:+0.47% 
SBID:+1.67%,  RIGD:+1.60%
Today's Corporate Action 
28th Sep Ex Date

 TANAA

Spin Off

 24/09/2015
Economic Times

Business Standard
Ø  CIL may revise Rs 60K-cr capex: Coal India chief

 Ø  China, Europe & US data show bleak growth outlook

 Ø  Record response to NTPC's tax-free bonds at Rs 4,400 crore subscription

 Ø  Need to infuse more capital into ARCs : Ind-Ra

 Ø  Fitch threatens to downgrade Volkswagen over pollution scandal

 Ø  No progress for business in China without reform, says Xi
Ø  RBI eases overseas borrowing rules for domestic companies

 Ø  L&T to sell assets, dilute stake in non-core businesses: Naik

 Ø  Small banks in Rs 4,000-cr fix to raise domestic funds

 Ø  Rural Electrification Corp to extend Rs 9K cr loan to Andhra

 Ø  Iran has offered natural gas to India at $2.95 per unit for urea plant, says Gadkari

 Ø  Flipkart confirms valuation at $15.2 billion

 Ø  Rating slashed to default for GMR's road project

 Business Line

Mint
Ø   IEX stake: Financial Tech to shed more to five buyers

 Ø  Sterlite Technologies acquires Elitecore Technologies

 Ø  No need for regulating algo now: Jhunjhunwala

 Ø  CCI to conduct survey on healthcare sector

 Ø  Pfizer to sell vintage Thane plant to Vidhi Research for Rs. 178 crore

 Ø  Nestle signs deal with biotech firm to develop Alzheimer's test 
Ø  India’s spending on IT may rise over 5% to $6.88 bn this year: Gartner

 Ø  Govt panel finds no evidence of data manipulation at GVK Biosciences

 Ø  Lenders take over Visa Steel under SDR rules

 Ø  Etihad to buy bonds to help Jet Airways recast debt

 Ø  L&T opts out of GAIL tender to build LNG carriers locally

 Ø  Apollo International, Lycos form e-commerce JV

 Financial Express

Financial Chronicle
Ø  Sensex closes 171 points up on value buying, Nifty settles at 7,846

 Ø  China's pain can't be India's gain: Chinese media

 Ø  Monsoon deficiency has dropped by 3 per cent: IMD

 Ø  Pharma companies growth may remain moderate in Q2: BofA-ML

 Ø  Ajanta Pharma to replace Aditya Birla Nuvo on Nifty Midcap 50
Ø  TRAI to firm up position on net neutrality soon

 Ø  Sahara's Plaza world's top-ranked hotel for super-rich

 Ø  Asian business sentiment crumbles on China shock

 Ø  SKS Micro lowers rate by 1.25% for new disbursals

 Ø  Balmer Lawrie lines up Rs 400 crore capex
Ø  Restrictions on stocking pulses, edible oils extended
24/09/2015
Market Update:
Sgx Nifty -27 pts
Dow -50.58 pts ,Nsdq -3.98 pts , S&P‎ -3.98 pts , Bovespa -924 pts, Ftse +96pts , Dax +41 pts, Cac +4 pts, Nikkei  -295 , now, Crude @ $44.77 brl (+0.29), Brent @ $47.95 (+0.20) , Gold @ $1130.90 (-1.10), Silver @ $14.79(0.00), Euro @ $1.1180, JPY @ $120.1900, INR @ $65.9875

Today's Corporate Action 
24th Sep Ex Date
KESARPE
Dividend - Rs. - 1.0000

 Today's Global Data

 Sep 24: UK Aug monthly automotive manufacturing figures; 0431 IST

 Sep 24: Japan Sep Flash Manufacturing PMI; 0705 IST

 Sep 24: Japan Jul All Industry Index; 1000 IST

 Sep 24: Japan Aug supermarket sales; 1030 IST

 Sep 24: Germany Oct GfK consumer climate survey; 1130 IST

 Sep 24: Japan Aug convenience store sales; 1230 IST

 Sep 24: Germany Sep Ifo Business Climate Index; 1330 IST

 Sep 24: UK Aug BBA main high street banking group statistics; 1400 IST

 Sep 24: US unemployment insurance weekly claims report - initial claims for
wk ended Sep 19; 1800 IST

 Sep 24: US weekly export sales; 1800 IST

 Sep 24: US Aug advance report on durable goods; 1800 IST

 Sep 24: US Aug Chicago Fed National Activity Index; 1800 IST

 Sep 24: US Bloomberg Consumer Comfort Index; 1915 IST

 Sep 24: US Aug new residential sales; 1930 IST

 Sep 24: US WTO Director-General Roberto Azevedo to deliver speech at think
tank

 Sep 24: US EIA weekly natural gas storage report for wk ended Sep 18

 Sep 24: US Sep Federal Reserve Bank of Kansas City Survey of Tenth District

Manufacturing data; 2030 IST

 23/09/2015
Economic Times

Business Standard
Ø  PACL fined Rs 7,269 cr for illegally raising funds

 Ø  $2.5 bn deal for military choppers cleared

 Ø  Dai-ichi plans to raise investment in Indian venture

 Ø  Engineering exports plunge on slowdown in China demand: EEPC

 Ø  India has learnt to live in era of global turmoils: Arun Jaitley

 Ø   Regulator may end supplier monopoly in piped gas

 Ø  BSE monitoring Amtek; seeks reply on bond payment default
Ø  Land acquisition for roads on fast track; 49% projected

 Ø  Govt to withdraw controversial draft encryption policy after backlash

 Ø  Rajan meets Jaitley ahead of monetary policy meet

 Ø  Reliance sells 10% stake of mobile game unit for $15 mn

 Ø  September rain brightens prospects of kharif output

 Ø  Non-regulated power players oppose e-auction of coal linkages

 Ø  Bengaluru court directs Britannia to pay pensioners their dues

 Business Line

Mint
Ø  Telcos write to TRAI, oppose compensation for call drops 

 Ø  NTPC to start production from allocated mines in phases

 Ø  Federal Bank bets big on network expansion, localised services 

 Ø   US may not give India time to lift ban on poultry imports 

 Ø  Cyber espionage is more than an irritant, must stop: US tells China

 Ø  'Govt should rationalise import duty to protect tea industry' 
Ø  Goldman Sachs CEO Blankfein says he has lymphoma

 Ø  Regulators pave the way for better fortunes on road projects

 Ø  L&T Infrastructure toll project downgraded on payment delays

 Ø  Serum Institute halts stake sale talks with funds

 Ø  RIL-appointed arbitrator to stay in Panna-Mukta row

 Ø  Reliance Games sells 10% stake in Zapak to Chinese firm

 Financial Express

Financial Chronicle
Ø  Sensex ends 541 points on global markets sell-off, Nifty settles at 7,812

 Ø  IISL to rebrand its indices; CNX Nifty to be renamed Nifty 50

 Ø  Sushma Swaraj woos US industry to invest in India for win-win outcome

 Ø  Volkswagen sets aside $7.3 billion over emissions scandal
Ø  ADB revises down regional growth as China, India slow

 Ø  Taxation issues concerning high networth individuals

 Ø  US-based healthcare tech company to invest `750 cr

 Ø  ONGC, OIL, Cairn ask govt to cut cess on crude

 Ø  L&T Fin sells 5.3% to Bain Capital for Rs 708 cr
Ø  Asian mkts slump on global growth concerns, US selloff

 23/09/2015
Market Update:‎
Sgx Nifty -5 pts
Dow -179.72 pts ,Nsdq -72.23 pts , S&P‎ -24.23 pts ,Bovespa -325 pts, Ftse -172 pts , Dax -377 pts, Cac -156 pts, Nikkei  Cls , now, Crude @ $46.40 brl (+0.04), Brent @ $49.07 (-0.01) , Gold @ $1122.80 (-2.00), Silver @ $14.73(-0.02), Euro @ $1.1111, JPY @ $120.2800, INR @ $65.8825
Today's Corporate Action 
23rd Sep Ex Date
AKARTOOL
Dividend - Rs. - 0.7000
ALANKIT
Stock  Split From Rs.10/- to Rs.2/-
ANSALHSG
Dividend - Rs. - 0.8000
ARCPR
Dividend - Rs. - 2.5000
ASAHISONG
Final Dividend - Rs. - 3.5000
BHAGYNAGAR
Dividend - Rs. - 0.3000
COLPAL
Bonus issue 1:1
COMCL
Dividend - Rs. - 0.2000
DSKULKARNI
Final Dividend - Rs. - 1.2500
FDC
Final Dividend - Rs. - 2.2500
FOODSIN
Dividend - Rs. - 2.5000
GMDCLTD
Dividend - Rs. - 3.0000
HARYANATEX
Dividend - Rs. - 0.1000
HGS
Final Dividend - Rs. - 5.0000
INDIANVSH
Final Dividend - Rs. - 0.0200
JAMNAAUTO
Dividend - Rs. - 2.2000
JINDWORLD
Dividend - Rs. - 0.5000
JMCPROJECT
Dividend - Rs. - 1.0000
KNRCON
Dividend - Rs. - 1.0000
KSCL
Final Dividend - Rs. - 2.5000
KWALITY
Dividend - Rs. - 0.1000
LINCOPH
Dividend - Rs. - 1.0000
LOKESHMACH
Final Dividend - Rs. - 0.5000
MARKSANS
Dividend - Rs. - 0.1200
MCCHRLS-B
Dividend - Rs. - 8.0000
OMMETALS
Final Dividend - Rs. - 0.2000
ORIENTBELL
Final Dividend - Rs. - 0.5000
PRESTIGE
Dividend - Rs. - 1.5000
RADICO
Dividend - Rs. - 0.8000
RAJESHEXPO
Dividend - Rs. - 1.0000
SACHEMT
Dividend - Rs. - 0.1500
SANDESH
Dividend - Rs. - 4.0000
SATIA
Final Dividend - Rs. - 1.0000
SHILPI
Final Dividend - Rs. - 1.0000
SUNTECK
Dividend - Rs. - 1.0000
SURANASOL
Dividend - Rs. - 0.5000
SURANAT&P
Dividend - Rs. - 0.1200‎
SWIL
Dividend - Rs. - 0.5000
TATACOMM
Dividend - Rs. - 5.5000
TRITRADE
Dividend - Rs. - 0.0030
TYCHE
Final Dividend - Rs. - 0.5000
VAKRANG
Final Dividend - Rs. - 0.2500
VIKRAMTH
Dividend - Rs. - 0.7500
VIPULDYE
Dividend - Rs. - 0.8000



Today's Global Data
Sep 23: US API weekly statistical bulletin for wk ended Sep 18; 0200 IST

 Sep 23: US Federal Reserve Bank of Atlanta President Lockhart to speak at  Alabama World Affairs Council; 0300 IST

 Sep 23: German Chancellor Merkel to meet Finnish Prime Minister Sipila

 Sep 23: Japan financial markets closed for Bridge holiday

 Sep 23: Germany Sep Flash PMI; 1300 IST

 Sep 23: Eurozone Sep Flash PMI; 1330 IST

 Sep 23: US MBA Weekly Mortgage Applications Survey for wk to Sep 18; 1630
IST

 Sep 23: ECB President Draghi to appear at Committee on Economic and Monetary Affairs; 1830 IST

 Sep 23: US Sep Flash Manufacturing PMI; 1915 IST

 Sep 23: US EIA weekly petroleum status report for wk ended Sep 18; 2000 IST

 Sep 23: US Federal Reserve Bank of Atlanta President Lockhart to speak at

Columbus Rotary Club; 2200 IST

 22/09/2015
Economic Times

 Business Standard

 Ø  Infy bags Rs 1,320cr contract to build GST Network

 Ø  India's Ashok Leyland plans to list financing arm

 Ø  Oil prices up 2 per cent after US drilling falls

 Ø  Enhanced southwest monsoon to bring good rains: IMD

 Ø  Adani eyes 20% growth in Rs 20K crore agro biz

 Ø  Declare foreign asset by September 30 or face consequences: Finance Ministry

Ø  Bain Capital acquires 10% stake in L&T Fin for Rs 1370 cr

 Ø  LIC big market player, not only to bailout divestment: FM

 Ø  Call drop issue: Bharti Airtel moves all prepaid users to per-second plan

 Ø  Govt considers FDI cap hike in DTH, cable networks; Dish TV up 4.5%

 Ø  Godrej & Boyce aims at Rs 10,000 cr turnover this year

 Ø  Corporate tax exemptions phase-out may end MAT

 Business Line

Mint

 Ø  Ricoh looking at Digital India projects to drive revenue growth

 Ø  Air India inaugurates Airbus A-320 training for external pilots

 Ø  After 10 years, MakeMyTrip turns to hotels, packages to drive growth

 Ø  Defamation suit against website: HC stays Rs. 50-lakh penalty on NSE  

Ø  Google aims to make India a hub for app development

 Ø  Amtek Auto fails to meet bond redemption deadline

 Ø  Aditya Birla Minerals to sell Australia copper mine to Lighthouse Minerals

 Ø  Power Grid gets shareholders nod to raise Rs14,000 crore in FY17

 Ø  OVL chasing $712 million in dues from foreign govts

 Financial Express

Financial Chronicle

 Ø  GE says no to Nuclear-power plants in India, cites liability risks

 Ø  Give govt access to Whatsapp messages, emails: Draft National Encryption Policy

 Ø  Black money: Declare foreign assets by Sep 30 or face consequences, says FinMin

 Ø  Sensex ends flat to settle at 26,193; Nifty closes at 7,977

Ø  RBI may cut policy rate by 25 bps on Sep 29: Report

 Ø  US-based healthcare tech company to invest `750 cr

 Ø  Domestic MFs have got $18b of inflows in 1 year: Sikka

 Ø  Indian IT cos among world's worst paymasters
Ø  Centre will no longer bail out defaulting discoms

 22/09/2015
Market Update:
Sgx Nifty +2 pts
Dow +125.61pts ,Nsdq +1.73 pts , S&P‎ +8.93 pts ,Bovespa -673 pts, Ftse +4 pts , Dax +32 pts, Cac +49 pts, Nikkei  Cls , now, Crude @ $46.22 brl (-0.46), Brent @ $48.57 (-0.35) , Gold @ $1131.90 (-0.90), Silver @ $15.18(-0.04), Euro @ $1.1194, JPY @ $120.4000, INR @ $65.7388

Today's Corporate Action 
22nd Sep Ex Date

 ADMANUM
Final Dividend - Rs. - 1.0000
ANANTRAJ
Dividend - Rs. - 0.2400
BALLARPUR
Dividend - Rs. - 0.2000
BBARODA
Dividend - Rs. - 1.5000
BMAL
Dividend - Rs. - 0.1000
CARNATIN
Dividend - Rs. - 0.6000
DALMIABHA
Final Dividend - Rs. - 1.5000
DEEPIND
Dividend - Rs. - 1.0000
DHINDIA
Dividend - Rs. - 0.5000
DHUNINV
Dividend - Rs. - 1.5000
DIVSHKT
Final Dividend - Rs. - 1.5000
DREDGECORP
Dividend - Rs. - 3.0000
DUPHARIN
Final Dividend - Rs. - 5.0000
FINANTECH
Final Dividend - Rs. - 5.0000
GARNETINT
Dividend - Rs. - 0.5000
GOODLUC
Final Dividend - Rs. - 0.7500
GUFICBIO
Final Dividend - Rs. - 0.0500
GULFPETRO
Dividend - Rs. - 0.1000
IFSL
Dividend - Rs. - 0.9000
INNOVTEC
Final Dividend - Rs. - 0.1000
INTRGLB
Dividend - Rs. - 0.2500
KALECONSUL
Final Dividend - Rs. - 25.0000
KIRANVYPAR
Dividend - Rs. - 2.5000
MADHUCON
Dividend - Rs. - 0.1000
MANCREDIT
Dividend - Rs. - 0.5000
MANDHANA
Final Dividend - Rs. - 2.0000
MUTHOOTFIN
Dividend - Rs. - 2.0000
NECLIFE
Final Dividend - Rs. - 0.1000
NILE
Dividend - Rs. - 3.0000
OMAXE
Dividend - Rs. - 0.5000
PANAFIC
Dividend - Rs. - 0.0200
PANCHSHEEL
Dividend - Rs. - 0.5000
PARMCOS-B
Dividend - Rs. - 0.6000
PRIMEPRO
Dividend - Rs. - 1.0000
ROLTA
Final Dividend - Rs. - 3.0000
SANGAMIND
Dividend - Rs. - 2.0000
SARLAPOLY
Dividend - Rs. - 8.0000
SEINV
Dividend - Rs. - 1.0000
SRHHYPOLTD
Dividend - Rs. - 1.5000
SSWL
Dividend - Rs. - 2.0000
TINNARUBR
Dividend - Rs. - 2.0000
TIRSARJ
Dividend - Rs. - 0.3500
TITANBIO
Dividend - Rs. - 0.7500
UCALFUEL
Dividend - Rs. - 2.0000
VAMSHIRU
Dividend - Rs. - 1.0000
VARDHIND
Dividend - Rs. - 1.0000
VIKASGLOB
Final Dividend - Rs. - 0.0500
VIVIDHA
Final Dividend - Rs. - 0.0300

Today's Global Data
Sep 22: Eurogroup President Dijsselbloem to attend European parliament ECON  committee meeting; 1230 IST

 Sep 22: UK Aug public sector finances; 1400 IST

 Sep 22: UK Sep CBI monthly industrial trends survey; 1530 IST

 Sep 22: US Retail Economist/Goldman Sachs Weekly Chain Store Sales Index for wk ended Sep 19; 1715 IST

 Sep 22: US Johnson Redbook retail sales index for wk ended Sep 19; 1825 IST

 Sep 22: US Sep Richmond Fed Business Activity Survey; 1930 IST

 Sep 22: Eurozone Sep FCCI Flash Consumer Confidence Indicator; 1930 IST
Sep 22: IMF Managing Director Christine Lagarde to discuss development at US think tank; 2100 IST

 21/09/2015
Economic Times

 Business Standard

 Ø  Resolution of pending tax disputes in works: FM

 Ø  Better return on investment in India: FM

 Ø  Companies Act to be fully implemented by Mar 2016

 Ø  India's merchandise exports slide as commodity prices dip

 Ø  BPCL set to start work on Rs 5k-cr complex in Kochi

 Ø  Govt examining oil cos' demand to lower cess

 Ø  Ambanis unite against GSM rivals' proposals to DoT

Ø  PSUs' capex down 24% in 2014-15

 Ø  Petrol, diesel contribute Rs 30,000 cr addl excise in Apr-Aug

 Ø  Rates should come down, but RBI final authority: Jaitley

 Ø  BSE eyes 10 times faster trading speed in next few months

 Ø  SFIO report on Kingfisher Airlines at least 6 months away

 Ø  Govt may raise FDI cap to 100% in DTH, cable networks

 Ø  PowerGrid to set up lines to link solar parks with ISTS

 Business Line

Mint

 Ø  Steel makers build case for anti-dumping duties on imports

 Ø  Jaitley seeks foreign investments for infra, other sectors 

 Ø  Registered research analysts rises to 121 as of July: SEBI 

 Ø  Stanchart revises FY16 CAD forecast to 1.5% of GDP

 Ø  Fortis to use drones to transport organs 

 Ø  Xander to acquire distressed assets  

Ø  Bad loans: IDFC gets RBI nod for using Rs.2,500 cr reserve as provision

 Ø  Sun Pharma sells Ranbaxy divisions to Strides Arcolab for Rs165 crore

 Ø  Govt policy on spectrum trading, sharing could boost service quality

 Ø  DLF to open Rs300-crore Emporio Mall in Delhi by May 2016

 Ø  NTPC gets shareholders nod to raise Rs.5,000 cr

 Financial Express

Financial Chronicle

 Ø  Sebi widens black money probe; offshore arbitrage under regulator's lens

 Ø  Delhi power gencos charging 50% more than the NTPC’s rate: Tata Power

 Ø  In real distress, developers join forces to get projects off ground

 Ø  Top 10 BSE Sensex companies add Rs 74,521 cr in market cap

Ø  $4b Indian cyber security segment is expected to grow

 Ø  A divided Fed pits world's woes against domestic growth

 Ø  India insulated from economic fallout, says Jaitley

 Ø  Top 10 Sensex cos add Rs 74,521 cr in market cap
Ø  SBI expects less slippages, asset quality improvement

 21/09/2015
Market Update:
Sgx Nifty -56 pts from Nifty fut(7896)
Dow -290.16pts ,Nsdq -66.72 pts , S&P‎-32.17 pts ,Bovespa -1290 pts, Ftse -82 pts , Dax -313 pts, Cac -119 pts, Nikkei  Cls , now, Crude @ $44.93 brl (+0.23), Brent @ $47.62 (+0.15) , Gold @ $1136.50 (-1.30), Silver @ $15.15(-0.01), Euro @ $1.1304, JPY @ $119.8200, INR @ $65.6738

Today's Corporate Action 
21st Sep Ex Date


 ADFFOODS
Dividend - Rs. - 1.5000
ANILPROD
Dividend - Rs. - 2.0000
ANSALBU
Dividend - Rs. - 1.0000
ARNOLD
Dividend - Rs. - 0.1000
BALASORE
Dividend - Rs. - 0.6000
BCL
Final Dividend - Rs. - 0.4000
BHANDHOS
Dividend - Rs. - 0.1000
CARERATING
Final Dividend - Rs. - 8.0000
CHAMANSE
Dividend - Rs. - 2.0000
COMPUAGE
Dividend - Rs. - 2.0000
DENISON
Dividend - Rs. - 10.0000
EMMBI
Dividend - Rs. - 0.3000
FCL
Dividend - Rs. - 0.1000
FINEYE
Final Dividend - Rs. - 0.1000
FLEXITUFF
Dividend - Rs. - 1.0000
GLANCE
Final Dividend - Rs. - 0.7500
GODFRYPHLP
Dividend - Rs. - 8.0000
GUJAUTO
Dividend - Rs. - 0.7000
GUJFLUORO
Final Dividend - Rs. - 3.5000
HALDYNGL
Dividend - Rs. - 0.7500
HBLPOWER
Dividend - Rs. - 0.2000
HILTON
Dividend - Rs. - 0.2500
HITECHGEAR
Final Dividend - Rs. - 1.5000
INTECCAP
Dividend - Rs. - 0.5000
JAGSNPHARM
Final Dividend - Rs. - 0.1000
KALPATPOWR
Dividend - Rs. - 1.5000
KEYCORPSER
Dividend - Rs. - 1.0000
KIL
Dividend - Rs. - 0.7000
KULKPOWT
Dividend - Rs. - 0.5000
LAHOTIOV
Dividend - Rs. - 0.4000
LIBERTSHOE
Dividend - Rs. - 1.5000
MAYUR
Final Dividend - Rs. - 0.5000
MIRZAINT
Dividend - Rs. - 0.5000
MONEYMAST
Dividend - Rs. - 0.0500
MONTECARLO
Dividend - Rs. - 10.0000
MUKESHB
Dividend - Rs. - 1.0000
NANDAN
Dividend - Rs. - 1.0000
NAVNETEDUL
Dividend - Rs. - 2.2000
NMDC
Final Dividend - Rs. - 1.3000
NOIDATOLL
Final Dividend - Rs. - 1.0000
ORIENTABRA
Final Dividend - Rs. - 0.2500
PANORAMUNI
Dividend - Rs. - 0.5000
PRAKASHSTL
Dividend - Rs. - 0.5000
PRATIBHA
Dividend - Rs. - 0.2000
RAIREKMOH
Dividend - Rs. - 0.1000
RAJPACK
Dividend - Rs. - 0.5000
RICOAUTO
Final Dividend - Rs. - 2.0000
SARUPINDUS
Dividend - Rs. - 1.8000
SPICEISL
Dividend - Rs. - 1.5000
SRL
Dividend - Rs. - 0.6000
VAMA
Dividend - Rs. - 0.2000
VEERENRGY
Final Dividend - Rs. - 0.0600
VERITAS
Dividend - Rs. - 0.0500
VIMALOIL
Dividend - Rs. - 1.2000
VMART
Dividend - Rs. - 1.5000
ZENIFIB

Dividend - Rs. - 2.5000
18/09/2015
FWD: ET NOW BROKERAGE

 CLSA ON INFO EDGE
@darshanetnow
Upgrade to Buy from Outperform, Target `950 
Catalysts: Naukri momentum, 99acres respite, Zomato value creation
IT hiring sustains momentum and 99acres sees competitive respite
Zomato's value creation continues with another round of funding
Upgrade stock on back of attractive valuations

 BARCLAYS ON INFOSYS
@darshanetnow
Raise target to `1320 from `1245, Maintain Overweight
Increase our FY17 $ revenue growth estimates of Infosys to 14%
Increased focus with large clients should lead to near-term revenue acceleration
Rupee's recent depreciation should help the company manage its EBIT margins
Taking required risks but market focus to remain on short term

 BARCLAYS ON AUTO ANCILLARIES
@darshanetnow
Downgrade Bharat Forge to Equal Weight from Overweight
Cut Bharat Forge target to `1020 from `1400
Cut Motherson Sumi target to `350 from `410, Maintain Overweight
Bharat Forge and Motherson Sumi face near-term volume pressures
Lower our EPS by 15-20% for both companies for FY16 and FY17

 CITI ON BHARAT ELECTRONICS
@darshanetnow
Initiate coverage with Buy, Target `1491
Pure play on India's defence sector
Defence manufacturing in India is at an inflection point

Significant competitive advantages and healthy growth prospects

 18/09/2015
Market Update
Dow -65.21pts ,Nsdq +4.71 pts , S&P‎-5.11 pts ,Bovespa -2 pts, Ftse -42 pts , Dax +2 pts, Cac +9 pts, Nikkei  -192 pts , now, Crude @ $46.77 brl (-0.13), Brent @ $49.08 (-0.66) , Gold @ $1130.50 (+13.50), Silver @ $15.12(+0.14), Euro @ $1.1417, JPY @ $119.8800, INR @ $66.4000
 ‎
Today's Corporate Action 
18th Sep Ex Date

 ALPHAGE
Dividend - Rs. - 2.0000
AMDIND
Dividend - Rs. - 0.9000
ARCHIES
Final Dividend - Rs. - 0.3000
ARMANFIN
Dividend - Rs. - 1.2000
ASHOKALC
Dividend - Rs. - 1.0000
ATLANTA
Dividend - Rs. - 0.3000
AUDICH
Final Dividend - Rs. - 3.5000
BASML
Dividend - Rs. - 1.5000
BDH
Dividend - Rs. - 1.4000
BDH
Special Dividend - Rs. - 0.3000
BEEKAY
Dividend - Rs. - 1.0000
CCLINTER
Dividend - Rs. - 0.0500
CGVAK
Dividend - Rs. - 0.5000
COMFINTE
Dividend - Rs. - 0.0200
COMPUSOFT
Dividend - Rs. - 0.1000
DHPIND
Dividend - Rs. - 1.5000
FRSHTRP
Final Dividend - Rs. - 1.0000
GENESYS
Dividend - Rs. - 0.1250
GOLCRSFI
Final Dividend - Rs. - 1.2500
GOLDIAM
Final Dividend - Rs. - 1.5000
GOLKUNDIA
Dividend - Rs. - 0.5000
GOWRALE
Dividend - Rs. - 1.0000
GUJHOTE
Dividend - Rs. - 3.5000
HISARMET
Dividend - Rs. - 1.0000
IDEA
Final Dividend - Rs. - 0.6000
INDOTHAI
Dividend - Rs. - 1.0000
INTLCONV
Dividend - Rs. - 0.2500
JINDALPOLY
Dividend - Rs. - 1.0000
KEMP
Final Dividend - Rs. - 1.0000
KGDENIM
Dividend - Rs. - 0.7500
MOLDTEK
Final Dividend - Rs. - 1.5000
MOLDTKPAC
Final Dividend - Rs. - 2.0000
NATIONALUM
Final Dividend - Rs. - 0.5000
NATPLAS
Dividend - Rs. - 1.0000
NGIND
Dividend - Rs. - 3.5000
PCCOSMA
Dividend - Rs. - 1.5000
PITTILAM
Final Dividend - Rs. - 0.6250
PNCINFRA
Dividend - Rs. - 1.5000
PPAP
Dividend - Rs. - 1.0000
PVR
Dividend - Rs. - 1.0000
RADIXIND
Final Dividend - Rs. - 1.0000
RAJTV
Final Dividend - Rs. - 0.5000
RIDDHI
Dividend - Rs. - 3.0000
RUBFILA
Dividend - Rs. - 0.7500
SAKTHIFIN
Dividend - Rs. - 1.0000
SAPPL
Dividend - Rs. - 0.5000
SAVERA
Dividend - Rs. - 1.2000
SHIVTEX
Dividend - Rs. - 1.0000
STARDELTA
Final Dividend - Rs. - 0.5000
TEXMACO
Dividend - Rs. - 0.1500
TEXRAIL
Dividend - Rs. - 0.2500
WHBRADY
Dividend - Rs. - 1.0000
ZBINTXPP
Dividend - Rs. - 2.0000
ZENTEC
Dividend - Rs. - 0.3500
ZICOM
Dividend - Rs. - 1.2000
Today's Global Data

Sep 18: US money stock measures; 0200 IST

 Sep 18: US foreign central bank holdings; 0200 IST

 Sep 18: US federal discount window borrowings; 0200 IST

 Sep 18: UK August Knight Frank house price sentiment index; 0431 IST

 Sep 18: Bank of Japan August monetary policy meeting minutes; 0520 IST

 Sep 18: Japan August steel production; 1030 IST

 Sep 18: Japan August Nationwide department store sales; 1100 IST

 Sep 18: Japan August Tokyo department store sales; 1100 IST

 Sep 18: European union July balance of payments; 1330 IST

 Sep 18: Bank of England on UK banks Apr-Jun external claims; 1400 IST

 Sep 18: UK August capital issuance; 1400 IST

 Sep 18: Bank of England Jul-Sep bulletin; 1630 IST

 Sep 18: US August regional, state employment and unemployment; 1930 IST

 Sep 18: US August leading indicators; 1930 IST
Sep 18: Japan September economic report
18/09/2015
Economic Times

Business Standard
Ø  Fed holds rates steady on global economic weakness

 Ø  India's ranking slips further in Global Innovation Index 2015

 Ø  Worries over global growth weigh as US Fed mulls rate hike

 Ø  US jobless claims at 8-week low; housing starts fall

 Ø  Emerging central banks step in to curb currency falls

 Ø  Government notifies miners contribution to District Mineral Foundation

 Ø  Pvt placement of debts doubled, capex remains limited
Ø  Carrot & stick approach for sick power discoms

 Ø  Sustained low inflation to cut cost of capital: RBI deputy governor

 Ø  Hero Cycles acquires Firefox Bikes in all-cash transaction

 Ø  Govt will 'put to sleep' pending tax disputes: FM

 Ø  Commodity brokers urge Sebi to exempt transaction fee, charges

 Ø  BPCL may import Ethane from US for its petchem unit

 Business Line

Mint
Ø  US current account narrows sharply in second quarter

 Ø  Private equity deals worth $1.7 bn sealed in August: Thornton 

 Ø  CAD to be around 1.5% of GDP this fiscal: RBI 

 Ø  Emerging markets with limited forex at higher risk to US rate hike: Moody’s

 Ø  Govt may raise cap on equity investments by state PF to 15%

 Ø  Labourers clash at RIL colony in Jamnagar 
Ø  ONGC expects a correction in oil prices

 Ø  SABMiller and AB InBev merger likely to lift spirits at India units

 Ø  Blackstone buys Serco’s India BPO operations for Rs2,558 crore

 Ø  Sun Pharmaceutical eyes InSite Vision’s research portfolio

 Ø  Mahindra Auto Steel opens new factory near Pune

 Financial Express

Financial Chronicle
Ø  Goldman Sachs chief 'would not invest in China'

 Ø  Infra projects remain under stress as funds fall short

 Ø  GMR Energy gets gas for two power plants in Andhra Pradesh

 Ø  Kishore Biyani says getting harder to do biz, rues ever-rising permits

 Ø  GAIL re-floats $7 billion tender to hire LNG ships
Ø  Govt mulls raising FDI limit in private banks to 100%

 Ø  NHAI allows 2 developers to divest stake in TN project

 Ø  India all set to witness a wearable tech explosion

 Ø  MMTC to help Goa mine operators sell iron ore
Ø  L&T to build Rs 1,700-cr Bangladesh power plant
18/09/2015
SGX Nifty +50 pts (7948) from Wednesday last trade 7898 , 

 Nikkei -216 pts , Hangseng -47 pts , NOW @6.54am , 

 Dow -65.21pts ,Nsdq +4.71 pts , S&P-5.11 pts ,Bovespa -2 pts, Ftse -42 pts , Dax +2 pts, Cac +9 pts, Crude @ $46.77 brl (-0.13), Brent @ $49.08 (-0.66) , Gold @ $1130.50 (+13.50), Silver @ $15.12(+0.14), Euro @ $1.1417, JPY @ $119.8800, INR @ $66.4000


 Infy: -0.67%,      Wit:+0.25%
Ttm: -0.19%,      Rdy: -0.15%
Hdb:+1.32%,     Ibn:+1.38% 
SBID:+1.39%,  RIGD:+0.82%
16/09/2015
Economic Times

 Business Standard

 Ø  RBI base rate calculation norms may help monetary policy: ICRA

 Ø  Govt to pump Rs 70,000 cr in replacing old power units

 Ø  9 biggest banks to form blockchain partnership

 Ø  Advance tax from steel, banking sectors registers fall

 Ø  Trade data: Exports fall 20.7 per cent y/y in August 

 Ø  Fed meets, decision on rate hike seems like a toss-up

 Ø  SFIO probes fund diversions by Kingfisher Airlines

Ø  Tata front runner for GE Capital's stake in SBI Cards

 Ø  China falls drag world stocks back into red

 Ø  India's FX reserves loss in August fourth highest among EMs

 Ø  Everstone closes its third private equity fund at $730 million

 Ø  Suvidhaa acquires mobile PoS platform AasaanPay

 Ø  ONGC to complete 12 projects worth Rs 13K cr by May 2016

 Ø  Orchid Pharma to convert rupee term loans to foreign currency loans

 Business Line

Mint

 Ø  To check bad loans, RBI for cap on lenders in a consortium

 Ø  Industry body urges Centre to re-define MSMEs

 Ø  Fertiliser cos see good sales growth in Kharif season

 Ø  Corporate agents can now sell policies of up to 3 insurers

 Ø  Modi asks Sri Lankan PM to support Indian investments in infra, energy 

 Ø  Biocon opens new facility to make insulin devices in India

Ø  NPAs grew faster than bank credit during 2011-15: RBI

 Ø  Infosys to announce Q2 results on 12 October

 Ø  Sebi asks MFs to explain corporate bond investments

 Ø  IDFC Alternatives to buy operational road projects

 Ø  Finance ministry falls short on promised contribution to EPS

 Ø  India acquiring energy assets through the oil price roller coaster

 Financial Express

Financial Chronicle

 Ø  Sensex ends 151 pts down on caution ahead of US Fed meet, Nifty settles at 7,829

 Ø  Expecting quick reforms in India unrealistic: US official

 Ø  Reliance Jio launches unlimited free wi-fi at select places in Mumbai

 Ø  Govt cuts import tariff on gold, silver

 Ø  India home to 1.98 lakh millionaires; 11th largest globally

Ø  Govt looks to settle `3L cr combined discom debts

 Ø  Vedanta-Cairn India merger gets go ahead from bourses

 Ø  ING merger will boost Kotak Life’s bancassurance business

 Ø  IOC to invest Rs 1.75 trillion over 7 years

 Ø  TAM acquires Thai electronics brand Abaz World
Ø  FIs allowed to invest through partly paid shares
16/09/2015
Market Update:
Sgx Nifty +83 pts
Dow +228.89pts ,Nsdq +54.76 pts , S&P‎+25.06 pts ,Bovespa +88 pts, Ftse +53 pts , Dax +56 pts, Cac +51 pts, Nikkei  +139 pts , now, Crude @ $45.01brl (+0.42), Brent @ $46.63 (+0.26) , Gold @ $1104.40 (+1.80), Silver @ $14.37(+0.04), Euro @ $1.1278, JPY @ $120.3100, INR @ $66.3638
 ‎
Today's Corporate Action 
16th Sep Ex Date

 AEGISLOG
Stock  Split From Rs.10/- to Rs.1/-
ARCOTECH
Dividend - Rs. - 1.0000
ARFIN
Dividend - Rs. - 1.0000
ARIES
Dividend - Rs. - 2.0000
ASHCAP
Dividend - Rs. - 0.0900
ASL
Final Dividend - Rs. - 0.3000
ASSOSTN-B
Dividend - Rs. - 1.5000
AURIONPRO
Dividend - Rs. - 3.0000
BANARISUG
Dividend - Rs. - 2.5000
BHARAT
Dividend - Rs. - 0.5000
BHARATRAS
Dividend - Rs. - 1.5000
CEEJAY
Dividend - Rs. - 1.4000
CHOICEIN
Dividend - Rs. - 1.0000
COMFINCAP
Dividend - Rs. - 0.2000
COX&KINGS
Final Dividend - Rs. - 1.0000
CUPID
Final Dividend - Rs. - 0.5000
DELTACORP
Dividend - Rs. - 0.1000
DUTRON
Dividend - Rs. - 1.4000
ELDEHSG
Dividend - Rs. - 2.0000
FAIRDSY
Dividend - Rs. - 0.5000
FEDDERLOYD
Dividend - Rs. - 1.0000
FIEMIND
Dividend - Rs. - 7.0000
FLUIDOM
Dividend - Rs. - 2.7500
FORCEMOT
Dividend - Rs. - 5.0000
FRONTCAP
Dividend - Rs. - 1.0000
GANESHHOUC
Dividend - Rs. - 2.6000
GENUSPOWER
Dividend - Rs. - 0.2000
GLOSTER
Dividend - Rs. - 6.0000
GOKUL
Spin Off  
GUJAPOLLO
Dividend - Rs. - 2.5000
INCAP
Dividend - Rs. - 1.0000
INDRAMEDCO
Dividend - Rs. - 1.8000
INDUSFIN
Dividend - Rs. - 0.5000
ITDC
Dividend - Rs. - 2.0000
JAGRAN
Final Dividend - Rs. - 3.5000
JAYAGROGN
Dividend - Rs. - 1.0000
JKLAKSHMI
Dividend - Rs. - 2.0000
JOINDRE
Dividend - Rs. - 0.7500
KALLAM
Dividend - Rs. - 1.0000
KOVAI
Final Dividend - Rs. - 1.5000
KRIINFRA
Final Dividend - Rs. - 0.2000
MANGCHEFER
Dividend - Rs. - 0.6000
MAXWELL
Dividend - Rs. - 0.3000
MCX
Final Dividend - Rs. - 10.0000
MERCURYLAB
Dividend - Rs. - 1.5000
MMTC
Final Dividend - Rs. - 0.2500
NAGAAGRI
Final Dividend - Rs. - 0.1000
OIL
Final Dividend - Rs. - 10.0000
OMKARCHEM
Dividend - Rs. - 1.5000
PBMPOLY
Dividend - Rs. - 6.0000
PFS
Dividend - Rs. - 1.0000
POLYPLEX
Dividend - Rs. - 2.5000
PRIMAPLA
Dividend - Rs. - 1.5000
PTC
Dividend - Rs. - 2.2000
RAINBOWPAP
Dividend - Rs. - 0.2000
RAPICUT
Dividend - Rs. - 1.2000
RELCAPITAL
Dividend - Rs. - 9.0000
RELCHEM
Dividend - Rs. - 1.0000
RELINFRA
Dividend - Rs. - 8.0000
RISHDIGA
Final Dividend - Rs. - 1.0000
RODIUM
Dividend - Rs. - 0.8000
RSWM
Dividend - Rs. - 10.0000
RUBYMILLS
Dividend - Rs. - 2.5000
RUCHINFRA
Dividend - Rs. - 0.0600
RUCHIRA
Final Dividend - Rs. - 1.3000
RUCHISOYA
Dividend - Rs. - 0.1600
SABTN
Dividend - Rs. - 0.6000
SAMBANDAM
Dividend - Rs. - 2.0000
SATRAPROP
Final Dividend - Rs. - 0.1000
SDBL
Dividend - Rs. - 1.5000
SHILGRAV
Dividend - Rs. - 1.2000
SHILPAMED
Dividend - Rs. - 1.1000
SHRPREC
Dividend - Rs. - 1.7000
SMIFS
Dividend - Rs. - 1.0000
SPENTA
Final Dividend - Rs. - 1.1000
SUPERTAN
Dividend - Rs. - 0.0500
SUPPETRO
Dividend - Rs. - 1.5000
SVARTCORP
Dividend - Rs. - 0.2000
SWASTIVI
Dividend - Rs. - 0.0700
SYNCOMF
Dividend - Rs. - 0.0200
TAIIND
Dividend - Rs. - 0.7000
TERASOFT
Dividend - Rs. - 0.8000
THEBYKE
Final Dividend - Rs. - 1.0000
TIGLOB
Dividend - Rs. - 0.5000
TIMETECHNO
Final Dividend - Rs. - 0.5000
TPLPLAST
Final Dividend - Rs. - 2.0000
TREEHOUSE
Final Dividend - Rs. - 2.0000
TWL
Dividend - Rs. - 0.8000
UMANGDAIR
Dividend - Rs. - 1.0000
UNIVCABLES
Right Issue of Equity Shares  
URJAGLOBA
Stock  Split From Rs.10/- to Rs.1/-
USHERAGRO
Dividend - Rs. - 0.5000
ZODJRDMKJ
Dividend - Rs. - 0.5000
Today's Global Data
Sep 16: US API statistical bulletin for week ended Sep 11; 0200 IST

 Sep 16: UK August Scottish retail sales monitor; 0431 IST

 Sep 16: Bank of Japan September report released; 1030 IST

 Sep 16: Japan August revised machine tool orders; 1130 IST

 Sep 16: UK August unemployment figures; 1400 IST

 Sep 16: UK September agents' summary of business conditions; 1400 IST

 Sep 16: European Union August harmonised CPI; 1430 IST

 Sep 16: European Union Apr-Jun labour cost index; 1430 IST

 Sep 16: US MBA mortgage applications survey for week ended Sep 11; 1630 IST

 Sep 16: US August real earnings; 1800 IST

 Sep 16: US August CPI; 1800 IST

 Sep 16: US Apr-Jun travel, tourism satellite account; 1800 IST

 Sep 16: US July treasury international capital data; 1830 IST

 Sep 16: Bank of England Governor Carney gives evidence to treasury
committee 1845 IST

 Sep 16: US September NAHB housing market index; 1930 IST

 Sep 16: US EIA petroleum status report for week ended Sep 11; 2000 IST

 Sep 16: US Federal Open Market Committee meeting
Sep 16: European Central Bank Governing Council non-monetary policy meeting Type a message
15/09/2015
ET NOW
GS ON FINANCIALS
Upgrade Yes Bank to Buy, Target `890
Add Yes Bank to Conviction List
Upgrade Axis Bank to Buy, Target `562
Upgrade ICICI Bank to Buy, Target `340
Upgrade Kotak Bank to Neutral, Target `646
Upgrade Bajaj Finance to Neutral, Target `4810
Remove Kotak, Bajaj Finance from APAC Sell List

 CS ON SUN PHARMA
Raise target to `1000 from `975, Maintain Outperform
Keveyis and Tetrabenazine material contributors
Increase FY16/17 EPS for Sun Pharma by 4%/3%
Tetrabenazine turning out to be good opportunity as Sun sole generic
Keveyis sales forecast to be over $100 mn, blue sky case of $600 mn

 CLSA ON PHARMA
Upgrade Cipla to Underperform from Sell
Raise Cipla target to `725 from `683
Cipla's acquisition of InvaGen  drives 4-12% EPS upgrades
Raise Biocon target to `436 from `430, Maintain Sell
Raise Dr Reddy target to `5000 from `4875, Maintain Buy
Raise Ipca target to `755 from `702, Maintain Underperform
Raise Lupin target to `2210 from `1952, Maintain Buy
Raise Sun Pharma target to `1100 from `1088, Maintain Buy
Raise Torrent Pharma target to `1738 from `1600, Maintain Buy

Assume USDINR at 66.2 for FY16 -FY18

 15/09/2015
Economic Times

Business Standard

 Ø  India ready to face US Fed rate hike: Economic Affairs Secretary Shaktikanta Das

 Ø  Cooling inflation boosts expectations for more rate cuts

 Ø  Drought to cut India's summer-sown corn output by 15 per cent: Industry

 Ø  Texmaco Rail to acquire 76 pc stake in Bright Power

 Ø  Foreign investors allowed to buy upto 40% in Maruti

 Ø  US clears Nokia acquisition of Alcatel-Lucent

 Ø  RBI cancels Sahara Financial Corp's NBFC registration

Ø  Govt imposes 20% safeguard duty on some steel products

 Ø  Urea imports surge 43% to 3.06 million tonnes

 Ø  India's FX reserves loss in August fourth highest among EMs

 Ø  Tata Steel Gopalpur SEZ validity extended

 Ø  BALCO begins procedure to shut down its aluminium rolling mill

 Ø  L&T Finance Holdings rise on stake sell buzz

 Ø  India difficult place for business; reforms needed: WB

 Ø  PM takes stock of sick power distribution companies

 Business Line

Mint

 Ø  GDP growth to exceed 7.5% this fiscal: FinMin

 Ø  India’s potential growth could rise to 9% over next 5 yrs:GS

 Ø  Taking efforts to ensure predictable and fair tax regime: FM

 Ø  Nava Bharat Ventures, Tata Steel in chrome conversion pact

 Ø  Kesoram Industries up on sale of Haridwar tyres unit

 Ø  Arrival of imported pulses to begin from Sept. 23 

Ø  44% of India has received deficient rainfall: IMD

 Ø  Dr Reddy’s inks $198 million pact with Hatchtech to market head lice product

 Ø  Mahindra Group launches e-commerce platform

 Ø  Blackstone to sell three land parcels for Rs1,000 crore

 Ø  Practo acquires Insta Health for $12 million

 Financial Express

Financial Chronicle

 Ø  Sensex closes 246 points up at 25,857, Nifty settles at 7,872;

 Ø  India's retail inflation eases to 3.66% in August

 Ø  RBI to cut rates irrespective of US Fed moves: Ind Ra

 Ø  SEBs wilful defaulters: Banks could see Rs 3-4 lakh cr NPAs

 Ø  Bose panel report has mutual funds sounding bullish

Ø  WPI inflation plunges to historic low of (-)4.95%

 Ø  Jaitley exhorts US cos to invest more in infra

 Ø  DRL enters into commercialisation deal with Hathchtech

 Ø  India to clear $700m Iran oil dues as first tranche
Ø  Centre exploring SPV mode to energise SEBs
14/09/2015
Economic Times

Business Standard
Ø  Sebi considering cross-currency futures pairs

 Ø  FPIs dump shares worth Rs 7K cr from markets

 Ø  Credit funds may face selling as default risks grow

 Ø  Tata Steel Mega Leadership Walk in steel city, other parts

 Ø  Punjab, Haryana receive scanty rains; deficit hovers at 40%

 Ø  'IDBI ready to become a back office for other banks'

 Ø  Punj Lloyd arms move HC for creditor arrangement
Ø  China unveils plans to reform state-owned firms as growth sputters

 Ø  Irdai to make listing a must for large insurers

 Ø  Aluminium industry leaders meet Jaitley, seek import duty hike

 Ø  Govt may extend interest subsidy scheme for exporters by 3 yrs

 Ø  Vedanta used Cairn loan to repay inter-company loan

 Ø  Govt to auction 27 oil fields off Mumbai, 15 in KG basin

 Business Line

Mint
Ø  Fed rate hike or not, Indian economy is unfazed, says former RBI Dy Governor

 Ø  BSE to offer multi-legged order entry in currency futures from Monday 

 Ø  Vivimed Labs to divest specialty chemicals biz forRs. 380 cr

 Ø  NSE adopts annulment policy to check frivolous trades 

 Ø  Spectrum trading norms a forward looking move: Vodafone

 Ø  Income Tax refunds to be sent to taxpayers in 7-10 days
Ø  The Lehman effect on Indian banks

 Ø  JK Group to buy Kesoram’s Haridwar tyre unit for Rs.2,200 cr

 Ø  Air bag makers eye $2 billion opportunity in India

 Ø  Indiabulls Housing Finance raises Rs.3,997 cr

 Ø  Tamil Nadu signs pacts for more than Rs2 trillion

 Ø  Oil could plunge to $20 a barrel amid global glut: Goldman Sachs

 Financial Express

Financial Chronicle
Ø  China economic growth sputters in August, more support measures seen

 Ø  Utility debts threaten PM Narendra Modi's power-for-all drive

 Ø  Naidu seeks Congress support for passage of GST Bill

 Ø  Donald Trump buys NBC’s half stake of Miss Universe Organisation
Ø  Textile sector seeks fresh impetus

 Ø  Macro data points, global leads to dictate market trend

 Ø  Best opportunity for RBI to cut rates: Economists

 Ø  McDonald's India to double outlets with Rs 750 cr investment
Ø  Tea exporters are looking at new markets to brew better earnings

14/09/2015
Market Update:‎

 Sgx Nifty +55 pts
Dow +103 pts ,
Nsdq +39.72  pts , 
S&P +10.25 pts ,
Bovespa -153  pts, 
Ftse -37 pts , 
Dax -92 pts, 
Cac -68 pts, 
Nikkei  -9 pts , 
now, Crude @ $44.82brl (-0.20), 
Brent @ $48.23 (+0.08) , 
Gold @ $1104.60 (+1.30), Silver @ $14.6
51(+0.05), 
Euro @ $1.1344, 
JPY @ $120.7100, 
INR @ $66.5412
 ‎
Today's Corporate Action 
14th Sep Ex Date
ABAN Dividend - Rs. - 3.60
AKCAPIT Final Dividend - Rs. - 6.000
ANDHRSUGAR Dividend - Rs. - 3.00
BEL Bonus issue 2:1
BHARATAGRI Final Dividend - Rs. - 1.5000 
BHEL Final Dividend - Rs. - 0.62
CAPRIHANS Dividend - Rs. - 1.50
DECCANCE Dividend - Rs. - 2.50
GULFOILLUB Final Dividend - Rs. - 3.50
HEG Dividend - Rs. - 3.0000

HSIL Dividend - Rs. - 3.5000 -



11/09/2015
Economic Times

 Business Standard

 Ø  Global economic turmoil will not hit India: Finance Ministry panel

 Ø  Spectrum trading may curb excessive bidding: Fitch

 Ø  Gold monetisation scheme: 2% interest likely on gold deposits

 Ø  Satyam scam: Sebi asks Raju family, others to return Rs 1,800 cr 

 Ø  RBI purchased $4.6 billion in the forward markets in July

 Ø  RCom-Sistema deal may cost $600 million extra

 Ø  Infosys to be global tech services partner for ATP

 Ø  Care downgrades Rs 100 crore Hindustan Organic bond to junk status

Ø  RBI allows importers to raise trade credit in rupee

 Ø  RIL's start-up hub Fall 2015 batch includes two Israeli start-ups

 Ø  RBI intervenes more through forwards in foreign exchange market

 Ø  Tata Motors, Total Lubrifiants sign pact for lubricants supply

 Ø  Vedanta Aluminium goes on workforce reduction, cost cuts

 Ø  Lenders order special audit of Amtek books

 Ø  Centre may hold on to HZL-Balco, SUUTI stakes in foreseeable future

 Business Line

Mint

 Ø  Canada to invest pension funds in India's urban development 

 Ø   Make govt auditor part of legislature, amend Act: PACs 

 Ø  India keeps its fingers crossed as superpowers toss and turn 

 Ø  Tata Steel begins coke production at Kalinganagar plant

 Ø  G20 tightens norms to check conflict of interest for FIIs

 Ø   Winter session could be advanced to pass GST Bill: Venkaiah Naidu 

Ø  Saudi Aramco to open office in India for crude sales: report

 Ø  Delhi HC refuses to interfere in ONGC-RIL gas dispute

 Ø  BPCL to invest Rs1 trillion for its next phase of growth

 Ø  Sun Pharma planning to divest Ireland plant to cut costs

 Ø  Castex Technologies allots shares on FCCB conversion

 Ø  Govt clears Rs9,000 crore Teesta hydropower project in green energy push

 Financial Express

Financial Chronicle

 Ø  Sensex ends 97 points down on weak global cues, Nifty settles at 7,788

 Ø  Hero MotoCorp plans manufacturing units in Mexico, Argentina, Brazil

 Ø  Arvind Panagariya pitches for up to 1% rate cut by RBI

 Ø  Domestic car sales rise 6% in August, bike sales drop 9.59%

 Ø  Cairn Energy set to go to ICJ against India

 Ø  Raymond acquires Robot Systems for Rs 28 crore

Ø  Inflation to ease in Aug, July industrial output to be stable

 Ø  L&T gets shareholders' nod for raising about Rs 9,600 cr

 Ø  Mauritius utilises India’s security concerns to retain tax arrangement

 Ø  MFs invest Rs 4,200 cr in equities so far in Sep

 Ø  IndiGo's profit up four-fold to Rs 1,304 crore in FY2015

 Ø  Suven Life gets patents for neurodegenerative drug

11/09/2015
Market Update:
Sgx Nifty +8 pts
Dow +76.83 pts ,Nsdq +39.72 , S&P +10.25 pts ,Bovespa -153  pts, Ftse -37 pts , Dax -92 pts, Cac -68 pts, Nikkei  -131 pts , now, Crude @ $45.62brl (-0.03), Brent @ $48.67 (-0.22) , Gold @ $1110.80 (+0.04), Silver @ $14.68 (+0.03), Euro @ $1.1279, JPY @ $120.8500, INR @ $66.4337


 Indian Adr/Gdr
Infy:+1.91%,       Wit:+1.48%
Ttm:+2.65%,      Rdy:+0.50%
Hdb:+0.51%,       Ibn: -0.48% 
SBID: -1.59%,   RIGD: -0.98%


Today's Corporate Action 
11th Sep Ex Date

 AREXMIS Final Dividend - Rs. - 0.90 
AUSTENG-B Dividend - Rs. - 1.50 
BENGALASM Dividend - Rs. - 7.00 Dividend - Rs. - 1.00 
BSL Dividend - Rs. - 1.20 CAMPHOR Final Dividend - Rs. - 1.50 
FLORENCE Dividend - Rs. - 1.50 FRONTSEC Dividend - Rs. - 1.00 HOPFL Dividend - Rs. - 2.25 IFCI Final Dividend - Rs. - 0.50 JINDHOT Dividend - Rs. - 0.80 JOONKTOLL Dividend - Rs. - 3.00 
MACK Dividend - Rs. - 0.50 RAMRAT Dividend - Rs. - 1.00 RASIELEC Dividend - Rs. - 0.10 SAMKRG Dividend - Rs. - 3.00 SHEMAROO Dividend - Rs. - 1.20 SIL Dividend - Rs. - 0.75 SIMMOND Dividend - Rs. - 0.50 SURYALA Dividend - Rs. - 1.80
Today's Global Data
Sep 11: US foreign central bank holdings; 0200 IST

 Sep 11: US money stock measures; 0200 IST

 Sep 11: US federal discount window borrowings; 0200 IST

 Sep 11: Japan Jul-Sep business outlook survey; 0520 ISTSep 11: Germany Aug  consumer price index; 1130 IST

 Sep 11: US Aug producer price index; 1800 IST

 Sep 11: U.S. weekly export sales; 1800 IST
Sep 11: Eurozone ECOFIN informal meeting of EU finance ministers

10/09/2015
Economic Times

Business Standard
Ø  Indirect tax collections grow 36.5% to Rs 2.63 L cr

 Ø  China-India cooperation centre formed to boost trade, research

 Ø  Railways to invest $140 bn; Japan to modernise stations 

 Ø  India looking to set up urea plant in Iran: Gadkari

 Ø  Monsoon revives in central India, southern peninsula, says IMD

 Ø  Nestle to use digital marketing platforms for 'Maggi'

 Ø  Piramal likely to scoop up IL&FS in all-stock deal
Ø  Tax exemptions for India Inc to be phased out, says FM

 Ø  Dumping, lack of FTAs, incentives hurting textile industry

 Ø  Safeguards duty proposed on steel imports for 200 days with immediate effect

 Ø  L&T eyes three infra projects worth Rs 3,000 cr in Sri Lanka

 Ø  Tata Steel begins coke production Kalinga Nagar plant

 Ø  US Fed's rate hike unlikely to cause major disruption in Indian markets

 Ø  Adani, HCL, MRF, ITC and others commit over Rs 30,000 cr in Tamil Nadu

 Business Line

Mint
Ø  China changes GDP data calculation method to improve accuracy

 Ø  SEBI tweaks disclosure norms to make them investor friendly 

 Ø  RBI to announce winners of small finance bank licence in the next few days: Mundra 

 Ø  TRAI to hold test drive in 15 days to check service

 Ø  Investment proposals worth over 50Kcr announced on Day1 

 Ø  Cabinet approves offshore wind energy policy 
Ø  No extended monsoon session to pass GST bill

 Ø  FII quarterly outflows breach Lehman level

 Ø  Court fines NSE Rs50 lakh in defamation case against Moneylife

 Ø  Amtek Auto in talks to secure fresh loan for bond repayments

 Ø  Hindalco said to refinance Rs14,700 crore of loans

 Ø  Spectrum trading opens up a range of possibilities for telecom firms

 Financial Express

Financial Chronicle
Ø  Sensex ends 402 points up at 25,719 on firm global cues, Nifty closes at 7,819; Telecom stocks gain

 Ø  S&P places Vedanta on creditwatch with negative implications

 Ø  List of tax exemptions to be phased out in few days: FM

 Ø  Assocham seeks strong dose of monetary easing, fast track clearance for infrastructure project
Ø  Cabinet clears gold bond, monetisation schemes

 Ø  Govt approves 6% hike in DA, 100% FDI in white label ATMs

 Ø  Aditya Birla Money gets Rs 120 crore loan from IFC

 Ø  Airtel may merge Bangladesh operations with Axiata

 Ø  HDFC Bank taps unbanked, under-banked via livelihood finance
Ø  Coal scam: Court asks CBI to provide all documents to accused
10/09/2015
Market Update:
Sgx Nifty -112 pts
Dow -239.11 pts ,Nsdq -55.40 , S&P -27.37 pts ,Bovespa -104  pts, Ftse +82 pts , Dax +31 pts, Cac +66 pts, Nikkei  -568 pts , now, Crude @ $44.15brl (-0.00), Brent @ $47.54 (-0.04) , Gold @ $1105.70 (+3.70), Silver @ $14.58 (+0.00), Euro @ $1.1235, JPY @ $120.2300, INR @ $66.4113

Today's Corporate Action 
10th Sep Ex Date

 AIAENG Dividend - Rs. - 8.00 AMRUTANJAN Final Dividend - Rs. - 2.40 
AVANTEL Dividend - Rs. - 1.50 BGWTATO Dividend - Rs. - 0.50 BNKCAP Dividend - Rs. - 0.50 DAAWAT Final Dividend - Rs. - 2.00 
DISHMAN Final Dividend - Rs. - 2.00 
EXCELCROP Dividend - Rs. - 12.50 
GANECOS Dividend - Rs. - 1.20 GLENMARK Dividend - Rs. - 2.00 
HESTERPH Dividend - Rs. - 3.10 HINDCOMPOS Dividend - Rs. - 1.00 
INSECTICID Final Dividend - Rs. - 2.50 
INTLCOMB Dividend - Rs. - 1.50 JBMA Dividend - Rs. - 2.50 JINDALSAW Dividend - Rs. - 1.00 
JISLDVREQ Dividend - Rs. - 0.50
JISLJALEQS Dividend - Rs. - 0.50 
JUSTDIAL Final Dividend - Rs. - 2.00 
KUANTUM Dividend - Rs. - 1.00 MANALIPE Dividend - Rs. - 0.50 MANPASAND Dividend - Rs. - 1.00 
MARIS Dividend - Rs. - 1.00 NAHARCAP Dividend - Rs. - 1.50 NAHARSPING Dividend - Rs. - 1.0000
NBCC Dividend - Rs. - 5.50 NHPC Final Dividend - Rs. - 0.40 NITINFIRE Dividend - Rs. - 0.20 OCL Final Dividend - Rs. - 4.00 PCJEWELLER Dividend - Rs. - 3.20 
PNBGILTS Final Dividend - Rs. - 1.50 
PREMEXPL Dividend - Rs. - 2.00 RAJOOENG Final Dividend - Rs. - 0.25 Dividend - Rs. - 3.00 SASKEN Final Dividend - Rs. - 4.50 
SHARDACROP Dividend - Rs. - 2.50 
SHRISTI Dividend - Rs. - 0.25 SHRJAGP Dividend - Rs. - 1.00 SHYAM Dividend - Rs. - 2.40 SICAGEN Dividend - Rs. - 0.60 SUPRAJIT Final Dividend - Rs. - 0.50 
TFCILTD Final Dividend - Rs. - 0.80 
TNPL Dividend - Rs. - 6.00 TRANSPEK Dividend - Rs. - 5.00 TVSSRICHAK Dividend - Rs. - 33.80 
USHDI Dividend - Rs. - 2.10 VANTAGE Scheme of Arrangement  
VANTAGE Spin Off VFL Dividend - Rs. - 0.30 ZGOVPOOX Dividend - Rs. - 1.00 
ZSWASTSA Dividend - Rs. - 1.00 
ZWELCAST Dividend - Rs. - 2.00
Today's Global Data
Sep 10: UK Sep interest rate decision; 1630 IST

 Sep 10: UK Sep Bank of England monetary policy committee meeting minutes  1630 IST

 Sep 10: US unemployment insurance initial weekly claims report for the week ended Sep 5; 1800 IST

 Sep 10: US Jul monthly wholesale trade; 1930 IST

 Sep 10: US Energy Information Administration Weekly Natural Gas Storage Report for the week ended Sep 4; 2000 IST

 Sep 10: US Energy Information Administration weekly petroleum status report
forthe week ended Sep 4; 2030 IST
Sep 10: Germany Jul balance of payments

09/09/2015
Economic Times

 Business Standard

 Ø  Wall St jumps 2 per cent as China gains fuel global rally

 Ø  Indian economy sees 'firming growth', says OECD

 Ø  EU approves GE's Alstom buyout, with conditions

 Ø  'India's diamond industry hit by falling Chinese demand'

 Ø  Hindustan Unilever to sell Modern Bakery

 Ø  BSE streamlines OFS bidding process for investors

 Ø  Cabinet may decide on FDI route for white label ATMs

Ø  India to grow at 7% in FY15, CAD to remain low: Moody's

 Ø  NPA crisis to continue for another two-three years: E&Y survey

 Ø  Raghuram Rajan meets DEA Secy; discusses macro issues

 Ø  PM asks industry to take risk, boost investments; India Inc wants rate cut

 Ø  Govt considers safeguard duty on steel after import surge

 Ø  Marble importers-hawala operators nexus alerts FinMin

 Business Line

Mint

 Ø   FTIL case: CLB adjourns hearing to Sept 21

 Ø   India Inc pitches for strong dose of monetary easing to boost economy 

 Ø  Units using hazardous chemicals must take insurance

 Ø  Commexes’ turnover jumps 17.55% to Rs. 29 lakh cr in April-August 

 Ø  Pipavav Shipyard faces opposition from vendors over dues 

Ø  Mahindra said to be close to purchase of Pininfarina

 Ø  FII outflows: India behind only Japan, South Korea in Asia

 Ø  Hindalco says aluminium prices seen rising next year on China boost

 Ø  Adani’s deal with Avantha for Korba may fall through

 Ø  IVRCL to sell Rs1,000 crore assets to pare debt

 Ø  Real estate slowdown takes a toll on domestic steel industry

 Financial Express

Financial Chronicle

 Ø  Sensex closes 424 points up as PM meets India Inc over global economic turmoil

 Ø  JSW Energy buys Jaiprakash power assets for Rs 9,700 cr

 Ø  China exports fall 6.1 per cent, import tumbled by 14.3 per cent

 Ø  Swiss govt discloses new name in black money probe

Ø  India begins probe to impose safeguard duty on steel imports

 Ø  India needs to create jobs for rapid pace of GDP growth

 Ø  Three foreign funds eject before Amtek Auto crash

 Ø  US govt finds no violations in H1-B visa case: Infosys
Ø  Gold continues to be highly productive portfolio asset
09/09/2015
Market Update:
Sgx Nifty +64 pts
Dow +390.30 pts ,Nsdq +128.01 , S&P +48.19 pts ,Bovespa +264  pts, Ftse +71 pts , Dax +162 pts, Cac +48 pts, Nikkei  +604 pts , now, Crude @ $45.93brl (-0.01), Brent @ $49.39 (-0.12) , Gold @ $1122.80 (+0.16), Silver @ $14.80 (+0.05), Euro @ $1.1193, JPY @ $120.2700, INR @ $66.5462


 Indian Adr/Gdr
Infy:+3.07%,       Wit:+1.91%
Ttm:+2.82%,      Rdy:+0.57%
Hdb:+1.10%,       Ibn:+2.06% 
SBID:+2.19%,   RIGD:+2.08%

Today's Corporate Action 
9th Sep Ex Date
DHFL Bonus issue 1:1 
HINDTIN Dividend - Rs. - 1.00 IGL Dividend - Rs. - 6.00 INGERRAND Final Dividend - Rs. - 3.00 
NIRLON Dividend - Rs. - 0.75 ORICON Dividend - Rs. - 0.44 RECLTD Final Dividend - Rs. - 2.70 
SHAWGELTIN Dividend - Rs. - 3.50 
VICTMILL Dividend - Rs. - 50.0 YUKEN Dividend - Rs. - 1.50

Today's Global Data
Sep 9: Japan Aug consumer confidence survey; 1030 IST

 Sep 9: UK Jul monthly industrial production figures; 1400 IST

 Sep 9: UK Jul trade data; 1400 IST

 Sep 9: US Mortgage Bankers Association mortgage application survey for the
week ended Sep 4; 1630 IST

 Sep 9: Retail Economist/Goldman Sachs Weekly Chain Store Sales Index for the
week ended Sep 5; 1715 IST

 Sep 9: US Johnson Redbook Retail Sales Index for the week ended Sep 5; 1525
IST

 Sep 9: US Apr-Jun quarterly services; 1930 IST

 Sep 9: US Jul job openings and labour turnover survey; 1930 IST

 Sep 9: US American Petroleum Institute weekly statistical bulletin for the

week ended Sep 4; 0200 IST

08/09/2015
Economic Times

Business Standard

 Ø  Undisclosed foreign a/cs: CBDT issues compounding rules

 Ø  'Rupee must fall more to save exports, prevent China dumping'

 Ø  Sequoia to become largest India-focussed VC fund

 Ø  JP Morgan AMC goes into damage control mode

 Ø  RBI has less stringent norms on systemically important banks: Moody's

 Ø  Retail investments into Indian shares show jump

 Ø  Reliance Defence in pact with UAE's ADSB

 Ø  JSW to acquire JP's Bina thermal power Rs 3,500 cr

Ø  India Inc set to discuss global crisis with PM today

 Ø  Over a fifth of FMCG products in India are fake or smuggled

 Ø  Mukesh Ambani likely to exit Navi Mumbai SEZ

 Ø  Currency volatility impacts pharma companies' earnings

 Ø  OBC, IOB, YES Bank to be most affected by new base rate methodology: Moody's

 Ø  No proposal to merge Chennai Petroleum with IOC: B Ashok

 Ø  ONGC: Multiple gains from Russian oil deal

 Ø  Firms with annual turnover of Rs 25 lakh might not attract GST

 Business Line

Mint

 Ø   China forex reserves fall record $93.9 bn in Aug 

 Ø   LIC taking advantage of market fall, buying stocks: Chairman 

 Ø  Shanghai stock exchange to tighten rules on options trading

 Ø   Australian partner UGL intends to exit jt venture with Texmaco

 Ø   Oilmeal exports dips 42% on low crushing 

 Ø  Kalpataru Power to raise Rs. 300 cr via NCD route

Ø  Poor demand, excess supply sends coal off-take ratio to multi-year lows

 Ø  Default fears rise as Rs800 crore Amtek bonds set to mature

 Ø  BSNL to increase minimum broadband speed to 2 Mbps

 Ø  Govt tells coal power plants to subsidize 15GW of solar power

 Ø  Havells mulls India purchases, sees revival

 Ø  India eyes energy assets abroad in low price regime

 Financial Express

Financial Chronicle

 Ø  India ranks low on inclusive growth: World Economic Forum

 Ø  Draft base rate guidelines credit negative for banks: Moody's

 Ø  Maharashtra govt to abolish LBT on petrol and diesel within 15 days

 Ø  Trai to be fair: Let’s be clear, telcos stand to lose from call drops

 Ø  New oil & gas policy shifts risks to developers: Report

Ø  Liquid, money market MFs witness Rs 70,000 cr outflow

 Ø  Markets to remain volatile in Sept-Nov: BofA-ML

 Ø  Rupee slips by 36 paise to 2-year low at 66.82 against $

 Ø  Govt to set up low-cost non-major ports to boost trade

 Ø  India rejects Pfizer's patent application for arthritis drug
Ø  Japanese paint Nippon is betting on green products

 08/09/2015
Market Update:
Sgx Nifty +33 pts
Dow Cls pts ,Nsdq Cls pts , S&P Cls pts ,Bovespa Cls  pts, Ftse +31 pts , Dax +70 pts, Cac +26 pts, Nikkei  +86 pts , now, Crude @ $44.65brl (-1.40), Brent @ $48.01(+0.38) , Gold @ $1120.10 (-1.30), Silver @ $14.53 (-0.13), Euro @ $1.1167, JPY @ $119.3500, INR @ $66.8262

Today's Corporate Action 
8th Sep Ex Date
BLISSGVS Final Dividend - Rs. - 0.50 
BRIGHTBR Final Dividend - Rs. - 2.00 
CORALAB Dividend - Rs. - 2.50 ELPROINTL Bonus issue 2:1 
KEI Dividend - Rs. - 0.40 KOLTEPATIL Final Dividend - Rs. - 2.00 
NEYVELILIG Final Dividend - Rs. - 1.00 
PANAMAPET Dividend - Rs. - 2.00 
PATELSA Dividend - Rs. - 2.20 PIIND Final Dividend - Rs. - 1.30 PONDYOXIDE Dividend - Rs. - 2.00 
RPPINFRA Dividend - Rs. - 0.50 SUPERHOUSE Dividend - Rs. - 1.50 
SUPREMEIND Final Dividend - Rs. - 7.00

 Today's Global Data
Sep 8: Japan Apr-Jun second preliminary quarterly gross domestic product estimate; 0520 IST

 Sep 8: Japan Jul balance of payments; 0520 IST

 Sep 8: Eurozone Apr-Jun gross domestic product second estimate; 1430 IST

 Sep 8: US Aug employment trends index; 1930 IST

 Sep 8: US Apr-Jun quarterly industry financial report; 1930 IST
Sep 8: UK Chancellor George Osborne gives evidence at Lords Economic Affairs Committee; 2005 IST

07/09/2015
Economic Times

Business Standard
Ø  China, US Federal worries to keep markets on the edge

 Ø  Make in India push: Modi government keen to scissor red tape to attract FDI

 Ø  Yuan devaluation, Fed impact transient; real economy matters: Jaitley

 Ø  Saudis may follow UAE, cut fuel subsidies: Report

 Ø  Gender parity in workforce can boost India's GDP by 27%: Lagarde 

 Ø  New poll shows UK would vote to leave EU
Ø  Coal output on a high but demand dries up

 Ø  Competition norms compliance can prevent bad days for firms: CCI

 Ø  Call drops: TRAI to float paper on quality of service by cellular operators

 Ø  Textile industry wants govt to extend garment export benefit further

 Ø  Big opportunity in small & payment banks for IT firms: Nasscom

 Ø  EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

 Business Line

Mint
Ø   Govt pursuing loans from ADB, World Bank for smart cities

 Ø  Govt tightens norms for import, transport of ammonium nitrate 

 Ø  AMFI to tweak MF ranking process, cut expense ratio 

 Ø  Aurobindo, Hetero, Rane, Coca-Cola among 16 new units approved in TS 

 Ø  BSE to launch roll-over facility in SLB on Monday 

 Ø  Amara Raja to commission tubular battery plant in Chittoor by Dec
Ø  G20 seals currency peace pact as China sets out bubble cleanup

 Ø  Idea Cellular seeks shareholders nod for raising up to Rs10,000 crore

 Ø  Bombay high court reduces number of Maggi noodles samples for test

 Ø  Sahara Mutual Fund struggles to find buyers

 Ø  Wockhardt to enhance R&D capabilities in drug innovation: MD

 Financial Express

Financial Chronicle
Ø  FPIs dump shares worth Rs 4,000 cr in just 4 trading sessions

 Ø  Top 10 Sensex companies see Rs 84,209 cr erosion in m-cap

 Ø  Finance Ministry may introduce MUDRA Bill in Budget session

 Ø  Diageo may not be able to recover $135 mn loan from Vijay Mallya firm
Ø  China slowdown, Fed decision keep markets on tenterhooks

 Ø  MFs ask investors to look at short, medium term bond funds

 Ø  Precious metals await FOMC meeting outcome

 Ø  Excess production, fall in commodity markets push sugar price to new low
Ø  RIL tests presence of natural gas in contentious discoveries

07/09/2015
SGX Nifty -66 pts (7596) from last trade 7662 , 
Nikkei +6 pts , Hangseng -157 pts , NOW 6.56am , 
Dow -272.38 pts ,Nsdq -49.58 pts , S&P -29.91 pts ,Bovespa -868  pts, Ftse -151 pts , Dax -279 pts, Cac -130 pts,  Crude @ $45.51brl (-0.54), Brent @ $49.03(-0.58) , Gold @ $1118.80 (-2.60), Silver @ $14.62 (+0.08), Euro @ $1.1170, JPY @ $118.8500, INR @ $66.4650


 Infy: -3.59%,       Wit: -3.92%
Ttm: -3.63%,      Rdy: -3.49%
Hdb: -1.87%,       Ibn: -2.94% 
SBID: -4.43%,   RIGD: -3.49%

Today's Corporate Action 
7th Sep Ex Date
BBREALTY Final Dividend - Rs. - 3.00 
BEML Dividend - Rs. - 1.00 CILSEC Dividend - Rs. - 0.50 ENCASH Dividend - Rs. - 0.025 EVERLON Right Issue of Equity Shares 
HINDALCO Dividend - Rs. - 1.00 IITL Dividend - Rs. - 1.00 
JKIL Dividend - Rs. - 4.00 
OLPCL Final Dividend - Rs. - 0.50 
ONGC Final Dividend - Rs. - 0.50 
PATELROD Dividend - Rs. - 0.50 POWERGRID Final Dividend - Rs. - 1.31 
RJSHAH Dividend - Rs. - 1.50 RUPA Dividend - Rs. - 2.75 SANGHVIMOV Final Dividend - Rs. - 0.50 

TINPLATE Dividend - Rs. - 1.60
04/09/2015
Economic Times

Business Standard

 Ø  India will continue to outperform peers: Atsi Sheth, Moody's

 Ø  India loses Rs 2 tn annually to corrosion of infra

 Ø  Shrinking US trade gap shows economy's strength

 Ø  RBI's new base rate norms to hit bank profitability: Crisil

 Ø  Decline in exports "pulled down" GDP growth by 3%: FIEO

 Ø  IREDA plans to raise Rs 600 cr via tax-free bonds

 Ø  Cipla set to buy Hetero’s US ops for $550 million

Ø  Airlines drag govt to court over ground-handling fiat

 Ø  Govt to give priority to infra development: Nirmala

 Ø  UAE government keen to invest in India

 Ø  RBI will consider deflation while deciding interest rates: Jayant Sinha

 Ø  CBDT asks officials not to pursue pending MAT cases

 Ø  Pre-payment issuers petition RBI on payments bank licence issue

 Business Line

Mint

 Ø   Novartis makes history with US launch of biosimilar drug

 Ø  Goa iron ore miners grapple with high taxation, lower ore prices 

 Ø  NSE enters into MoU with Stock Exchange of Mauritius

 Ø  IRB Infra in pact with NHAI for Rs. 2,650 cr road project

 Ø  Hero Cycles bags order for 7.5 lakh bicycles from West Bengal

 Ø  Corp bond private placement hits 4-month high at Rs. 46K cr

Ø  Hedge funds adopt a go-slow approach on Indian start-ups

 Ø  NPS managers can actively manage equity funds: PFRDA

 Ø  India’s economy will achieve 8-8.5% growth rate: Pranab Mukherjee

 Ø  RIL, ONGC face 14% cut in natural gas price

 Ø  Suzuki chairman tells Indian vendors to stop investing in hotels, leisure

 Ø  Coal ministry seeks exemption from forest clearances

 Financial Express

Financial Chronicle

 Ø  Sensex snaps 3-day losing streak, closes 311 points up, Nifty settles above 7,800

 Ø  Empower retail investor to curb mis-selling: Panel

 Ø  'Green Fund' to transform 96,000 km NHs into green Corridor

 Ø  Swiss banks moving 'full speed' on automatic tax info exchange

Ø  Govt to pay state traders Rs 113 cr for import losses

 Ø  Govt to invest Rs 8.5 lakh cr in railways

 Ø  Adani loses key customer for Carmichael mine in Australia

 Ø  China, tumbling commodity prices threaten world economy: IMF
Ø  Pharma giants post profits amid slowdown
04/09/2015
SGX Nifty -43 pts (7804) from last trade 7847 , 
Nikkei -131 pts , Hangseng +224 pts , NOW @6.56am , 
Dow +23.38 pts ,Nsdq -16.48 pts , S&P +2.27 pts ,Bovespa +901  pts, Ftse +110 pts , Dax +269 pts, Cac +98 pts, Crude @ $46.66brl (-0.09), Brent @ $50.71(+0.03) , Gold @ $1124.90 (+0.40), Silver @ $14.68 (-0.03), Euro @ $1.1126, JPY @ $119.9400, INR @ $66.2425

Infy:+0.57%,       Wit:+2.39%
Ttm:+2.66%,      Rdy: -1.41%
Hdb:+0.37%,       Ibn: -0.70% 
SBID: 0.00%,    RIGD:+0.78%
Today's Corporate Action 
4th Sep Ex Date
CORALFINAC Dividend - Rs. - 1.00 
CREST Dividend - Rs. - 0.50 ENIL Dividend - Rs. - 1.00 HIMATSEIDE Dividend - Rs. - 2.00 
IOC Dividend - Rs. - 6.60 IONEXCHANG Dividend - Rs. - 3.00 
JAYSYN Dividend - Rs. - 0.20 MANAPPURAM Interim Dividend - Rs. - 0.45 
RIENTREF Final Dividend - Rs. - 1.40 
PDUMJEPULP Dividend - Rs. - 0.30 
SONASTEER Dividend - Rs. - 0.65 
WEIZFOREX Dividend - Rs. - 7.50 

WEIZMANIND Dividend - Rs. - 0.50

 03/09/2015
Economic Times
Business Standard

 Ø  India among top 5 sovereign EM debt issuers: Moody's

 Ø  'OPEC oil output in Aug falls on Iraq disruption'

 Ø  FMC to be merged with Sebi from September 28

 Ø  Jet Airways to merge its weak-performing arm Jet Lite

 Ø  Fed missed rate-hike opportunity: Bill GrossNext

 Ø  12 mths to be challenging for realtors: Moody’s

Ø  Cabinet okays revenue sharing for oil & gas

 Ø  Singapore wealth fund GIC to invest $300 mn in DLF projects

 Ø  UP sugar mills to get booster shot of Rs 3,200 cr

 Ø  Indian banks face broader capital challenges, says Fitch

 Ø  Last date for e-filing of I-T return extended to Sept 7

 Ø  Tata Motors' Sanand plant to roll out first non-Nano model in December

 Business Line

Mint

 Ø  India seeks WTO members’ views on steel import norm

 Ø  European Commission approves Shell’s purchase of BG Group 

 Ø  India's wind energy potential estimated at 302 GW

 Ø  CLB adjourns hearing on Financial Tech case to Sept 8

 Ø  PTC India seeks shareholders’ nod to pay 22% dividend

Ø  Foxconn plans spend up to $1 billion on India start-ups

 Ø  Welcome to quantitative tightening as $12 trillion reserves fall

 Ø  Jim Rogers exits India, says one can’t invest just on hope

 Ø  $250 billion opportunity to invest in renewables: Piyush Goyal

 Ø  India is on an extremely slow path to economic recovery: Report

 Financial Express

Financial Chronicle

 Ø  Sensex falls for 3rd day in a row, ends 243 points down, Nifty closes at 7,717

 Ø  Oil prices extend losses on US oil inventory, manufacturing data

 Ø  Cabinet clears extension of compensation part of Land Act to 13 other central laws

 Ø  SAIL to spend Rs 7,500 cr on modernisation, expansion

Ø  RBI's new base rate formula to push banks to cut rates more

 Ø  Hedge funds slip as markets plumb new depths in August

 Ø  PFRDA asks intermediaries to comply with FATCA rules

 Ø  Snapdeal acquires Silicon Valley startup Reduce Data
Ø  Monsoon deficit not to impact sales, says Tata Motors
03/09/2015
Market Update:
Sgx Nifty +22 pts
Dow +293.03 pts ,Nsdq +113.87 pts , S&P +35.01 pts ,Bovespa +986  pts, Ftse +24 pts , Dax +32 pts, Cac +13 pts, Nikkei  +371 pts , now, Crude @ $45.97brl (-0.28), Brent @ $50.30(-0.20) , Gold @ $1132.40 (-1.20), Silver @ $14.66 (-0.01), Euro @ $1.1214, JPY @ $120.6700, INR @ $66.1938

Today's Corporate Action 
3rd Sep Ex Date
ADVANIHOTR Final Dividend - Rs. - 0.12 
AROGRANITE Dividend - Rs. - 1.00 
BALMLAWRIE Dividend - Rs. - 18.00 
BANSWRAS Dividend - Rs. - 1.00 
BAYERCROP Final Dividend - Rs. - 17.00 
BLIL Dividend - Rs. - 12.50 
DECNGOLD Right Issue of Equity Shares 
ECOPLAST Dividend - Rs. - 1.20 
ELECTCAST Dividend - Rs. - 0.65 
ESCORTS Dividend - Rs. - 1.20 
EXCELINDUS Final Dividend - Rs. - 4.00 
GEECEE Dividend - Rs. - 1.50 
GINISILK Dividend - Rs. - 0.50 
GRASIM Dividend - Rs. - 18.00 
JK AGRI Dividend - Rs. - 3.000 
JLMORI Dividend - Rs. - 1.00 
KANCHI Dividend - Rs. - 0.50 
KUSHAL Stock Split From Rs.10/- to Rs.2/- 
NTPC Final Dividend - Rs. - 1.75 
OFSS Final Dividend - Rs. - 180.00 
RASOI Dividend - Rs. - 1.00 
REPCOHOME Dividend - Rs. - 1.50 
RKFORGE Dividend - Rs. - 2.00 
SADBHAV Dividend - Rs. - 0.70 
SHARDUL Final Dividend - Rs. - 0.80 
SOTL Dividend - Rs. - 2.50 
SWANENERGY Dividend - Rs. - 0.15 
TALWALKARS Dividend - Rs. - 1.50 
VIDHIDYE Final Dividend - Rs. - 0.25 
VIDHIDYE Interim Dividend - Rs. - 0.20 
ZLEENCON Dividend - Rs. - 0.30

Today's Global Data
Sep 3: Japan August services PMI; 0705 IST

 Sep 3: Germany August services PMI; 1325 IST

 Sep 3: Eurozone August services PMI; 1330 IST

 Sep 3: UK August official reserves data; 1400 IST

 Sep 3: UK August CIPS / Markit services PMI; 1400 IST

 Sep 3: Bank of England's Apr-Jun funding for lending scheme data; 1400 IST

 Sep 3: Eurozone July retail trade data; 1430 IST

 Sep 3: US August challenger job-cut report; 1700 IST

 Sep 3: Eurozone interest rate announcement; 1715 IST

 Sep 3: US unemployment insurance claims report - initial claims data for
week  ended Aug 29; 1800 IST

 Sep 3: US weekly export sales data; 1800 IST

 Sep 3: US July international trade in goods and services data; 1800 IST

 Sep 3: US August services PMI; 1915 IST

 Sep 3: US August ISM non-manufacturing report on business; 1930 IST

 Sep 3: US EIA natural gas storage report for week ended Aug 28; 2000 IST

 Sep 3: US August global services PMI; 2030 IST
Sep 3: US August retail chain store sales index; 2130 IST

 02/09/2015
Economic Times

Business Standard
Ø   Huge relief for FIIs: Gov not to levy MAT prior to April 1,2015 

 Ø  Essar controlled LTL, facts misrepresented: CBI

 Ø  Govt extends deadline for bids to manage CIL's 10% stake sale

 Ø  Sebi seeks public comments to reset clearing corporation norms

 Ø  Sept is historically the stock market's worst month

 Ø  Govt raises import tariff on gold to $369 per 10 grams
Ø  US markets more attractive than India's

 Ø  China, GDP data spook markets

 Ø  Provide subsidy to farmers directly, RBI tells govt

 Ø  2015 El Nino is the strongest since 1997-98

 Ø  Adani Group wins 50 mw solar power plant in UP

 Ø  Fitch Cuts viability rating for PNB, warns IDBI vulnerable to downgrade

 Ø  Oil falls 3% on weak China factory data

 Business Line

Mint
Ø  Fitch affirms ratings on nine Indian banks

 Ø  Maruti sales up 9% at 1.06 lakh units in August

 Ø  Mahindra & Mahindra sales up 1.29% in August

 Ø  L&T wins Rs. 1,070-cr contract in Saudi Arabia 

 Ø  Western disturbance may stop monsoon-on-retreat

 Ø  Oil companies slash Jet fuel price by 11.7% 
Ø  Global growth likely to be weaker than expected, says IMF chief

 Ø  Banks must move to marginal cost for new base lending rate: RBI

 Ø  Global funds eyeing infra assets, betting on govt push for growth

 Ø  UltraTech seeks clarification from govt on cement assets deal with Jaypee

 Financial Express

Financial Chronicle
Ø  Sensex ends 587 points down at 25,696 on weak GDP data, global cues; Nifty closes at 7,786

 Ø  Alstom lowest bidder in Indian Railways locomotives project

 Ø   DLF gets shareholders nod to raise up to Rs 7,500 cr

 Ø  Jindal Steel shutting down coal mine in Australia

 Ø  Bank stocks fall on net interest margins worries
Ø  Factory output growth slips; all eyes on RBI for rate cut

 Ø  Sebi takes actions against unauthoriesed investment schemes

 Ø  Consumers in India 'extremely optimistic' about eco prospects: Survey

 Ø  Tata group exits Taj Palace Hotel, Dubai
Ø  Sun Pharma completes acquisition of GSK Australia opiates biz

 02/09/2015
FWD: ET NOW BROKERAGE RADAR

 CLSA ON SUN PHARMA
@darshanetnow
Maintain Buy, Target `1088
India, core US and generic Gleevec launch critical to drive FY17 EBITDA
Forecast 40% YoY EBITDA growth for Sun Pharma in FY17
Potential synergy benefits of $100m-120m from Ranbaxy in FY17
Delay in new approvals/no Halol resolution key risks to FY17 EBITDA

 CLSA ON INDIA
@darshanetnow
Estimate 8% earnings cut for FY17
Lower Index target by 6%, Dec 2016 Sensex target at 30,000
Index target based on 14.5x the potentially lower forward earnings
IT and Pharma would be among the obvious beneficiaries
Limited earning downside seen in paints, staples, pvt banks, IRB Infra
Limited earning downside seen in state-owned power utilities, Apollo Hospitals
Top picks: ICICI Bank, HDFC Bank, Zee,Bharti Airtel, Maruti, Sun Pharma, Power Grid, PVR

 CLSA ON FINANCIALS
@darshanetnow
Downgrade Bank of Baroda to Outperform from Buy
Upgrade OBC to Outperform from Sell
ICICI and HDFC Bank remain our top-picks in the sector
IndusInd is still our top mid-cap banks pick
SBI remains our top PSU bank pick
Next leg of market share shift to be led by PSUs’ inefficiencies
Need to lift coverage ratio will keep PSUs’ credit costs high

 CS ON GLENMARK
@darshanetnow
Maintain Underperform, Target `775
AR shows Venezuela exposure high at 10-15% of profits
Consensus underappreciating the risk of Venezuela
Glenmark makes ~50-60% EBITDA margin in Venezuela

 KOTAK ON TATA GLOBAL
@darshanetnow
Upgrade to Buy from Reduce, Target `150
Undemanding valuations drive upgrade to Buy
See enough margin of safety in the stock
India core business (ex-Starbucks) now available at 11x FY17

 HSBC ON BALKRISHNA INDS
@darshanetnow
Initiate coverage with Buy, Target `770
Most focussed and cost competitive manufacturers
Significant capex done and capacity commissioned

Company is on track to generate FCF and become debt-free


02/09/2015
Market Update:
Sgx Nifty +4 pts
Dow -469.68 pts ,Nsdq -140.40 pts , S&P -58.33 pts ,Bovespa -1148  pts, Ftse -189 pts , Dax -243 pts, Cac -111 pts, Nikkei  +150 pts , now, Crude @ $44.24brl (-1.17), Brent @ $48.57(-0.99) , Gold @ $1136.20 (-3.60), Silver @ $14.54 (-0.08), Euro @ $1.1280, JPY @ $120.2700, INR @ $66.2175


 Indian Adr/Gdr
Infy: -1.75%,       Wit: -1.11%
Ttm: -4.24%,      Rdy: -2.11%
Hdb: -1.97%,       Ibn: -2.41% 
SBID: -3.50%,  RIGD: -2.62%

Today's Corporate Action 
2nd Sep Ex Date

 ABIRLANUVO Dividend - Rs. - 7.00 
AHLWEST Dividend - Rs. - 1.00 
DAMOTH Bonus issue 1:4 GUJALKALI Dividend - Rs. - 4.50 
HINDPETRO Final Dividend - Rs. - 24.50 
LGBBROSLTD Final Dividend - Rs. - 3.80 
MAITHANALL Dividend - Rs. - 2.00 
MINDACORP Final Dividend - Rs. - 0.200 
PHOENIXLTD Dividend - Rs. - 2.20 
PRADPME Dividend - Rs. - 1.20 
SAKSOFT Dividend - Rs. - 2.50 
SUMEDHA Dividend - Rs. - 0.80 
SWISSGLA Dividend - Rs. - 2.70 
TTL Dividend - Rs. - 1.00


Today's Global Data
Sep 2: Japan August monetary base data; 0520 IST

 Sep 2: UK August CIPS / Markit construction PMI; 1400 IST

 Sep 2: UK August narrow money and reserve balances data; 1400 IST

 Sep 2: Eurozone July PPI; 1430 IST

 Sep 2: US MBA mortgage applications survey data for week ended Aug 28; 1630
IST

 Sep 2: US August ADP national employment report; 1745 IST

 Sep 2: US Apr-Jun revised productivity and costs data; 1800 IST

 Sep 2: US August ISM-NY report on business; 1915 IST

 Sep 2: US July manufacturers' shipments, inventories and orders (M3) data;
1930 IST

 Sep 2: US August online help wanted index; 1930 IST

 Sep 2: US August Energy Information Administration petroleum status report
for week ended Aug 28; 2000 IST
Sep 2: US Federal Reserve beige book data; 2330 IST

01/09/2015
Economic Times

 Business Standard

 Ø  GDP growth dips to 7% in Apr-June: Experts' take 

 Ø  July core industries growth slows to 3-month low 

 Ø  RBI identifies SBI and ICICI Bank as systemically important banks in India 

 Ø  August records monsoon deficiency of 22%

 Ø  Govt allows RIL to sell LPG to private marketers

 Ø  Oil falls back below $49 as glut, China concerns weigh

 Ø  CBDT issue guidance notes on FATCA implementation

Ø  Investors turn wary over JPMorgan redemption cap

 Ø  India Inc borrows less via ECBs due to volatile rupee

 Ø  April-July fiscal deficit at 69% of annual target

 Ø  Petrol price cut by Rs 2/ltr; diesel by Rs 0.50

 Ø  Govt to soon allot 62 offshore mineral blocks for mining

 Ø  HDFC Bank cuts base rate to 9.35%

 Ø  Axis Bank cuts deposit rates by 50 bps

 Ø  August sees highest monthly FII outflow ever

 Business Line

Mint

 Ø  India pitches for rating upgrade by S&P on strong macroeconomic data

 Ø  Liquidity enhancement schemes for ETFs from Sept 15

 Ø  One month to go for US deadline on ICD-10 medical coding system

 Ø  Godrej makes open offer to buy 26% more in Astec Life at Rs. 246.6/share

 Ø  Strides completes acquisition of Aspen’s generic biz in Australia 

Ø  PSU banks must use govt capital to expand balance sheets: RBI official

 Ø  Sebi wants MF players to be prudent while putting money in corporate bonds

 Ø  DII investment in stocks in August highest in over six years

 Ø  JSW Energy in talks to recastRs.6,000 crore debt under 5/25 scheme

 Ø  Punj Lloyd wins Rs1,094 crore contract from Indian Oil

 Ø  ITC to enter dairy market with ghee

 Financial Express

Financial Chronicle

 Ø  Sensex ends 109 points down at 26,283, Nifty closes below 8,000; 

 Ø  Analysts slash BSE Sensex, NSE Nifty targets citing earnings recovery delay

 Ø  Japan factory output turns down in July as China demand slumps

 Ø  US extends anti-dumping duty on Indian preserved mushrooms for five years 

Ø  Hope RBI takes note of low inflation, oil prices: Jaitley

 Ø  L&T wins Rs 1.5k cr water supply project

 Ø  Govt plans to amend RBI Act by Feb to set up monetary panel

 Ø  Reliance Group to expand business cooperation with Qatar
Ø  Suzuki Motor to buy back Volkswagen stake as court settles feud

01/09/2015
Market Update:
Sgx Nifty -50 pts
Dow -114.98 pts ,Nsdq -51.82 pts , S&P -16.69 pts ,Bovespa -528  pts, Ftse -51 pts , Dax -39 pts, Cac -22 pts, Nikkei  -232 pts , now, Crude @ $47.70brl (-1.50), Brent @ $54.15(-+4.10) , Gold @ $1134.60 (+2.10), Silver @ $14.60 (+0.01), Euro @ $1.1224, JPY @ $121.1400, INR @ $66.4825
Today's Corporate Action 
1st Sep Ex Date

 ASTAR Dividend - Rs. - 1.50 
DRAGARW Dividend - Rs. - 1.20 
L&TFH Dividend - Rs. - 0.80 
LAMBODHARA Dividend - Rs. - 1.50 
LT Dividend - Rs. - 16.25 TBZDividend - Rs. - 1.00
Today's Data alert-
1st Sep
1) India Manufacturing PMI
10.30am IST
2) Leading Automobile  Detail Vehicle sales for the Aug Month.

31/08/2015
Economic Times

 Business Standard

 Ø  China fears linger as focus on Fed's rate hike sharpens

 Ø  Land acquisition ordinance lapse setback to reforms: Assocham

 Ø  RBI on wait-and-watch mode on interest rates cut: Raguram Rajan

 Ø  Corrupt banking system creates mountain of bad loans

 Ø  MMTC looking for investors to sell its stake in ICEX

 Ø  Give banks priority sector lending benefit to boost gold monetisation: WGC

Ø  Monetary policy panel appointments: FinMin, RBI agree on key change

 Ø  Rajan hints at rate cut, says inflation down quicker than expected

 Ø  Sebi wants companies to adopt 'Dividend Distribution Policy'

 Ø  Payments banks Rs 14,00,000 cr bonanza for infra sector

 Ø  GMR plans to export power from its Nepal plants to Bangladesh

 Ø  ONGC, partners to invest $24 bn in Mozambique gas field

 Business Line

Mint

 Ø  Govt mulls 2-kg LPG cylinders; starts e-booking for connections

 Ø  SEBI to review surveillance systems; fast-track enforcements

 Ø  Sun Pharma, Wockhardt recall drugs from US market

 Ø  Govt to finalise gas pricing formula soon

 Ø  Maharashtra govt to buy back Kolhapur proj from IRB Infra

 Ø  Majority of unions reject govt appeal to call off Sept 2 strike

Ø  Govt not to go ahead with OIL stake sale soon

 Ø  Infosys gets govt nod for 3 more campuses in Bengaluru

 Ø  Aditya Birla Group’s revenue crosses Rs2.5 lakh crore; up 9%

 Ø  Lower crude oil price gives lubricants a smoother ride

 Ø  No plan to buy Jaypee’s Bhilai cement unit, says UltraTech

 Ø  Indian Oil plans $2.4 billion ethanol investment

 Financial Express

Financial Chronicle

 Ø  Immigration shift in US shows India, China outpacing Mexico

 Ø  Indian pharma industry capable of discovering new drugs: Sun Pharma

 Ø  FDI in services sector dips 14% in April-June quarter

 Ø  Nine top-valued Sensex companies see Rs 93,000 crore m-cap erosion

 Ø  Bharti Airtel, Idea Cellular hike post-paid data tariffs by 20% in Delhi

Ø  Tata's revenue rises to $108.8b; headcount crosses 6 lakh

 Ø  Macro data points, global leads to set market trend

 Ø  Remittances to India surge 25% on yuan devaluation

 Ø  FPIs press exit button, takes out Rs 17,555 cr in Aug

 Ø  FinMin says no plan to take general insurance cos public
Ø  Punj Lloyd eyes Rs 1 lakh cr worth road projects
28/08/2015
Economic Times

Business Standard
Ø  Raghuram Rajan sets inflation fight as priority

 Ø  'Govt, RBI reach consensus on policy committee'

 Ø  Investors stare at Rs 1.6 trillion loss in pledged shares

 Ø  Don't blame yuan devaluation for global mkt rout: China

 Ø  US Q2 GDP growth rate revised up to 3.7%

 Ø  Smart City project expected to boost economy

 Ø  China eases property investment rules for foreigners

 Ø  Government gives nod to 6 new SEZ proposals; rejection of 3 approved
Ø  India can replace China as driver of global growth: Jaitley

 Ø  Uncertain monsoon still a risk to growth, inflation: RBI

 Ø  Govt looking into import duty, FTA issues: Steel Minister

 Ø  Promoters taking advantage of banks in NPA resolution: RBI

 Ø  Future Group-Bharti Retail's Rs 750-crore deal gets CCI nod

 Ø  IOC raises oil import from Latin America to cut costs

 Ø  Tata Sons net profit trebles to Rs 9,060 cr

 Ø  RCom announces partnership with Jasper for IoT services

 Business Line

Mint
Ø  Govt announces 98 smart city nominees; set for second stage of challenge

 Ø  PFRDA defers launch of online version of NPS

 Ø  ‘Market crash an aberration, macro fundamentals in better shape’ 

 Ø   HDFC raises Rs. 2,000 cr via bonds

 Ø  Banks’ credit growth drops as corporates take CP route

 Ø  Ex-JP Morgan hand Ashish Aggarwal accused of insider-trading in US
Ø  Indian drugmakers feel the pressure as US pharmacies consolidate

 Ø  Govt considering 2% cess on air tickets

 Ø  SVG acquires Komli Media’s India business

 Ø  Govt approves bailout package for road builders

 Ø  Bosch opens fifth manufacturing plant in Karnataka

 Ø  RBI extends deadline for issuance of new chip-based cards

 Financial Express

Financial Chronicle
Ø  Sensex ends 517 points up at 26,231, Nifty closes at 7,949, Realty stocks gains over 4%

 Ø  Adani Enterprises says solar pact with SunEdision still in force

 Ø  Monsoon deficiency aggravates further, rises to 12%

 Ø  India’s GDP may have grown more than 7.5% in Q1 of current fiscal: Rajiv Mehrishi
Ø  Vedanta to shut Lanjigarh plant on high production cost

 Ø  ONGC gets one-year extension for Vietnam block

 Ø  Aurobindo gets USFDA nod for its Entecavir

 Ø  Industry leaders join forces to form startup fund

 Ø  GCPL gets shareholders nod to raise up to Rs 300 cr via NCDs
Ø  China market chaos blamed on regulatory 'brain drain'

 28/08/2015
Market Update:
Sgx Nifty +139 pts
Dow +369.26 pts ,Nsdq +115.17 pts , S&P +47.13 pts ,Bovespa +1677  pts, Ftse +212 pts , Dax +318 pts, Cac +157 pts, Nikkei  +401 pts , now, Crude @ $42.54brl (-0.02), Brent @ $47.38(-0.18) , Gold @ $1125.70 (+3.10), Silver @ $14.49 (+0.07), Euro @ $1.1237, JPY @ $121.0600, INR @ $66.0450
Indian Adr/Gdr

 Infy:+1.89%,       Wit:+0.17%
Ttm:+3.29%,      Rdy:+1.50%
Hdb:+0.33%,       Ibn:+1.72% 
SBID:+1.39%,  RIGD:+1.63%
Today's Corporate Action 
28th Aug Ex Date

 ASHOKA Final Dividend - Rs. - 0.70 
BPCL Dividend - Rs. - 22.50 CHAMBLFERT Dividend - Rs. - 1.900 
HINDHARD Dividend - Rs. - 3.00 
JBFIND Dividend - Rs. - 2.00 KSE Final Dividend - Rs. - 20.00 RISHIRUB Amalgamation 
SRF Interim Dividend - Rs. - 5.00 
STHINPA-B Dividend - Rs. - 2.50 EATIME Bonus issue
Today's Global Data
Aug 28: UK Confederation of British Industry's service sector survey

 Aug 28: UK August consumer confidence survey

 Aug 28: Japan July consumer price index inflation; 0500 IST

 Aug 28: Japan July labour force survey; 0500 IST

 Aug 28: Japan July household spending; 0500 IST

 Aug 28: Japan July preliminary retail sales; 0520 IST

 Aug 28: Eurozone EuroCOIN economic activity indicator; 1300 IST

 Aug 28: UK Apr-Jun second estimate of gross domestic product; 1400 IST

 Aug 28: UK Apr-Jun business investment provisional results; 1400 IST

 Aug 28: UK June monthly service sector figures; 1400 IST

 Aug 28: UK July land registry house price index; 1400 IST

 Aug 28: Eurozone business climate, economic sentiment indicator; 1430 IST

 Aug 28: Germany August provisional consumer price index inflation; 1730 IST

 Aug 28: US July personal income and outlays; 1800 IST
Aug 28: Bank of Japan Annual Review

 28/08/2015
Dow:16654      +369   +2.27%
Nasdaq:4812   +115   +2.45%
S&P500:1987   +47     +2.43% 
Nikkei:19030   +455    +2.45%
Infy:+1.89%,       Wit:+0.17%
Ttm:+3.29%,      Rdy:+1.50%
Hdb:+0.33%,       Ibn:+1.72% 
SBID:+1.39%,  RIGD:+1.63%
Us/Inr: $66.05,   Eu/Us:1.12
DIX:  95.78,       JPY: 121.02
Gold: $1125, Silver: $14.49
Oil: $42.57,   Brent: $47.38
US10-YR :2.1929% +0.005
SGX Nifty: 8112.50 +118.00

 🔹 What's on today

 Nikkei 2.4% higher

 Japanese stocks breached the 19,000 mark at the open as the yen retreated further from Monday's near seven-month high and as investors digested mixed July data released before the market open.

 Household spending fell 0.2 percent on year, missing expectations for a 1.3 percent climb. But on the bright side, consumer prices were unchanged from a year earlier, defying expectations for a fall, and retail sales also came in stronger than expected.

 ASX gains 0.5%

 Australia's resource-heavy benchmark S&P ASX 200 index rose for a fourth straight session thanks to a rebound in metal prices overnight.

 Supermarket chain Woolworths could see some selling after reporting a 12.5 percent decline in full year profits early on Friday, the first drop in enarly two decades.

 Kospi up 1.3%

 South Korean stocks also gained for a fourth consecutive session, on track to end the week more than 2 percent higher.

 Overnight developments

 Brent prices surged 10 percent to above $47 a barrel, its best daily performance since 2009, helped by the prospect of lower Nigerian crude exports. Also reassuring investors was a strong revised estimate of second-quarter U.S. gross domestic product (GDP), which came in at 3.7 percent, topping the initial read of an annualized 2.3 percent increase .

 But the mood remained volatile amid conflicting comments from Federal Reserve officials at a key meeting of central bankers at Jackson Hole.

 Kansas Fed President Esther George told CNBC on Thursday that interest rates should be normalized in September, one day after New York Fed chief William Dudley said a interest rake hike next month seemed less compelling.

 🔹 Asian stocks extended their recovery into the final trading day of the week after another rally on Wall Street brought U.S. indices out of correction territory.

 U.S. stocks closed more than 2 percent higher on Thursday in a second straight day of recovery from a recent plunge thanks to a rebound in oil prices and more signs of strength in the domestic economy.

 However, analysts say a sustained recovery in Asian sentiment will depend on whether China's rebound can continue. Thursday saw the Shanghai Composite close up 5.4 percent to reclaim the critical 3,000 mark, its biggest one-day percentage gain in nearly two months. Some traders attributed Thursday's strong performance to more intervention by the People's Bank of China. Reports emerged late in the session that the central bank purchased stocks from big firms and requested state-owned banks to buy more yuan on its behalf.

 "Chinese markets could underpin Asia once again, with the Stabilization Fund speculated at buying blue chip stocks yesterday [Thursday]," Chris Weston, IG's chief market strategist commented in a morning note.

 "I thought it was quite fitting that authorities want a stable stock market ahead of the September 3 war commemorations and while it hasn't occurred of late, this time around I suspect authorities are going to get their wish. In the very short-term, I would not be betting against Chinese wishes."
China's July industrial profits are also on tap at 9:30am local time. June's reading saw profits fall an annual 0.3 percent and another contraction today could dent sentiment.






27/08/2015
Economic Times

Business Standard
Ø  $354-bn forex war-chest too small to fight a crisis: Kaushik Basu

 Ø  Govt nods royalty payment to states on oil production

 Ø  NYSE invokes Rule 48 for market open in anticipation of volatility

 Ø  India can tide over China-driven crisis, says Chanda Kochhar 

 Ø  Developers allowed to divest 100% equity in road projs

 Ø  Trading in Sterling Holidays to be discontinued from Aug 31

 Ø  India, UAE launch forum to evaluate business opportunities
Ø  Govt may pare stakes in some banks to 33%

 Ø  3 stocks account for 1/3 of 2,200-point Sensex fall in 1 week

 Ø  Tata Capital to raise $1 bn for second corpus across 3 funds

 Ø  MMRDA sanctions Rs 35,400 cr for 118-km Mumbai metro network

 Ø  IOCL's ratings unaffected despite stake sale: Fitch

 Ø  Sun TV Network enters into deal with HOOQ to share its library

 Ø  Credai to come up with their own data for real estate sector

 Business Line

Mint
Ø   PBOC injects 140 bn yuan via short-term liquidity operations

 Ø  Long way to go for India to become global growth engine: Rajan 

 Ø  Pakistan’s economy facing existential crisis, says report

 Ø  China to restrict stock index futures trading to curb speculation 

 Ø   Natural rubber prices skid to 6-year low on China-led rout

 Ø  Rajat Gupta files appeal to overturn insider trading conviction
Ø  Raghuram Rajan says not in favour of devaluing rupee: report

 Ø  Airtel acquires Augere Wireless in 4G push

 Ø  L&T Infotech to file draft IPO papers by early September

 Ø  Analysts wary as Ashok Leyland aims to double export revenue

 Ø  Ultratech Cement said to be near deal for Jaiprakash plant in Bhilai

 Ø  NTPC worried as SEBs’ payment security mechanism set to lapse

 Financial Express

Financial Chronicle
Ø  Sensex falls 318 points, Nifty ends below 7,800

 Ø  Icra sees NPAs jumping to 5.9% by March from 4.4% in FY15

 Ø  Commodities price crash could give big push to infrastructure projects

 Ø  China probing brokers, regulators for possible stock crimes
Ø  Cairn to invest Rs 1,400 cr to raise oil, gas carrying capacity

 Ø  Apollo Tyres closes 300m euro financing for Hungary plant

 Ø  Mahindra to invest Rs 700 cr to become full range CV player
Ø  L&T bags Rs 864-cr order from Qatar's KAHRAMAA


27/08/2015
Market Update:
Sgx Nifty +90 pts
Dow +619.07 pts ,Nsdq +191.05 pts , S&P +72.90 pts ,Bovespa +1493  pts, Ftse -102 pts , Dax -130 pts, Cac -63 pts, Nikkei  +325 pts , now, Crude @ $39.14brl (+0.54), Brent @ $43.72(+0.58) , Gold @ $1124.60 (+0.00), Silver @ $14.11 (+0.03), Euro @ $1.1336, JPY @ $120.0500, INR @ $66.1438
Indian Adr/Gdr

 Infy:+2.73%,       Wit:+2.19%
Ttm:+4.68%,      Rdy:+2.03%
Hdb:+0.73%,       Ibn:+0.23% 
SBID: -0.34%,  RIGD: -0.43%
Today's Corporate Action 
27th Aug Ex Date

 BAJAJST Dividend - Rs. - 4.00 CONCOR Final Dividend - Rs. - 5.40 
GAIL27 Aug 2015Final Dividend - Rs. - 3.00 
GPIL Final Dividend - Rs. - 1.00 ITHL Dividend - Rs. - 4.25 JUPITERIN Final Dividend - Rs. - 0.10 
KIFS Final Dividend - Rs. - 0.50 LAKSHMIMIL Dividend - Rs. - 15.00 
LOYALTEX Final Dividend - Rs. - 7.50 
POEL Dividend - Rs. - 1.00 
RAIN Interim Dividend - Rs. - 1.00 
RDBRIL Final Dividend - Rs. - 1.00 
SELVAS Final Dividend - Rs. - 0.50 
SHRIDINE Dividend - Rs. - 1.80 SOLARIND Final Dividend - Rs. - 9.00 
SWARAJMAZD Dividend - Rs. - 6.00 
TASTYBIT Dividend - Rs. - 1.00 VENKYS Dividend - Rs. - 5.00

Today's Global Data
Aug 27: Japan August provisional trade statistics; 0520 IST

 Aug 27: Japan July import and export statistics; 0600 IST

 Aug 27: UK August house price index; 1130 IST

 Aug 27: Japan July steel import and export statistics; 1130 IST

 Aug 27: Germany July foreign trade price indices

 Aug 27: Eurozone July monetary development - M3, private sector loans; 1330
IST

 Aug 27: US preliminary corporate profits; 1800 IST

 Aug 27: US initial jobless claims for week ended Aug 22; 1800 IST

 Aug 27: US weekly export sales; 1800 IST

 Aug 27: US Jan-Mar second gross domestic product estimate; 1800 IST

 Aug 27: US July pending home sales index; 1930 IST

 Aug 27: US Energy Information Administration's natural gas storage report

for week ended Aug 21; 2000 IST Aug 27: US Foreign Central Bank Holdings




26/08/2015
Economic Times

Business Standard
Ø  No basis for continued yuan downturn: China Premier

 Ø  Global market turmoil a big opportunity to grow: FM 

 Ø  Government to infuse Rs 5,393 crore in SBI

 Ø  Majority in RBI's advisory panel favoured rate cut in August

 Ø  ONGC seeks extension to explore Vietnam oil block

 Ø  Govt to name 'systemically important' banks soon: RBI

 Ø  Cabinet note moved on monetary policy panel
Ø  China cuts rates, reserve ratio after stocks plummet again

 Ø  Government pushes for GST but gets little comfort

 Ø  Rana Kapoor gets fresh 3-year term as Yes Bank chief

 Ø  India in strong position to overtake Chinese quicker: Subramanian Swamy

 Ø  Bosch & Siemens aims to consolidate in India

 Ø  L&T wins orders worth Rs 1,563 cr in July & August

 Business Line

Mint
Ø  Japan ready to act if needed to quell market swings 

 Ø  NSE harnesses wind energy for captive power usage 

 Ø  China says will crack down on underground banks, stem capital flight

 Ø  US envoy calls for joint efforts to ensure food security 

 Ø  MCX inks pact with GIFT City to set up intl exchange

 Ø  Sadbhav Infrastructure IPO opens on Aug 31
Ø  Global stocks, dollar rise after China cuts rates

 Ø  India ranks 9th in Brookings financial inclusion scorecard

 Ø  Home sizes shrink in urban India; Mumbai sees 26.4% fall in 5 years

 Ø  Debt-laden companies sink in the turmoil

 Ø  Jain Irrigation to sell food unit to its subsidiary

 Ø  PNB, IDBI not to sell bad loans to ARCs

 Financial Express

Financial Chronicle
Ø  Sensex snaps 3-day losing streak, closes 291 points up

 Ø  Global economy not at risk of recession despite China weakness: Goldman Sachs

 Ø  SBI chief does payment banks U-turn, sees 'opportunity'

 Ø  ITC denies receiving notice from UP government on excess lead in Yippee noodles

 Ø  Britain to crack down on illegal working by migrants
Ø  RBI rate cut hinges on yuan devaluation, Fed action

 Ø  Stock rout costs China's richest man $3.6b in one day

 Ø  South Indian Bank to replace Crompton in Nifty Midcap 50

 Ø  Marico eyes 10% growth with focus on core business

 Ø  Suzlon commissions wind power project for NSE
Ø  Gold corrects as rupee gains

26/08/2015
SGX Nifty-107 pts (7802) from last trade 7907 , 
Nikkei +45 pts , Hangseng +29 pts , NOW @6.52am , 
Dow -204.91 pts ,Nsdq -19.76 pts , S&P -25.60 pts ,Bovespa +208  pts, Ftse +182 pts , Dax +479 pts, Cac -181 pts, Crude @ $39.39brl (+0.08), Brent @ $43.32(+0.11) , Gold @ $1143.50 (+5.20), Silver @ $14.69 (+0.08), Euro @ $1.1523, JPY @ $118.0700, INR @ $66.0961
Indian Adr/Gdr
Infy: -0.24%,       Wit:+0.26%
Ttm:+4.49%,      Rdy:+3.58%
Hdb:+0.74%,       Ibn:+2.00% 
SBID:+3.21%,  RIGD: -2.22%
Today's Corporate Action 
26th Aug Ex Date

 BNRUDY Dividend - Rs. - 1.00 HBPOR Dividend - Rs. - 0.50 JUBLFOOD Dividend - Rs. - 2.50 MARUTI Final Dividend - Rs. - 25.00 

DBRL Final Dividend - Rs. - 0.50


25/08/2015
Bloomberg TV India ‏@BloombergTVInd  1h1 hour ago
@MoodysRatings on India: Baa3 rating factors strong growth potential of economy; rating factors, fiscal gaps, regulatory infra constraints.

@MoodysRatings on India: Robust growth, reforms underpin positive outlook






25/08/2015
India Capital World Mkts Update:
SGXNifty: 7941(+145)
DJ: 15871(-588)
NASDAQ: 4526(-180)
FTSE: 5899(-289)
HANGSENG: 21610(+358)
NIKKEI: 18745(+204)

 Fno ban : 
Indiacem

Jindalsteel







25/08/2015
Economic Times

Business Standard
Ø  China fears wipe 230 bn euros off Euro shares

 Ø  North, South Korea reach agreement to halt tensions

 Ø  France, Germany shrug off China-induced mkt rout

 Ø  US inflation probably lower than reported: Fed study

 Ø  Yuan devaluation, China slowdown a worry: Jaitley

 Ø  FDI reporting module to promote ease of doing business: RBI

 Ø  Govt won't pin foreign portfolio investors on MAT

 Ø  'No immediate advantage to exporters from rupee fall'

 Ø  Sebi approves merger with commodities regulator FMC

 Ø  Real estate offers $11.8 bn opportunity for builders
Ø  Great fall of China sinks world stocks, dollar tumbles

 Ø  India signs pact for South Asia's first trans-national oil pipeline

 Ø  Inflation expectations are still high: Rajan

 Ø  Union Ministry to offer subsidy to ship building Industry

 Ø  Odisha will offer to sell iron ore to Posco for steel project

 Ø  Chennai Petroleum to augment its net worth with Rs 1,000 crore infusion from IOC

 Ø  HPCL posts record profit in FY-2015, highest since 1974

 Ø  Crude prices at six-and-a-half year low; India might gain over Rs 1 lakh crore

 Business Line

Mint
Ø  CBEC gets ready for GST, sets up new directorate 

 Ø  Indian Oil OFS subscribed 1.18 times

 Ø  Monsoon in a lull phase over North-West India 

 Ø  Crude oil hovers below key $40 per barrel mark

 Ø  Stock market wealth crashes below Rs. 100-trillion mark

 Ø  SEBI-FMC merger to take effect from September 28

 Ø  Emerging assets hit new multi-year lows on China contagion
Ø  India has sufficient forex reserves to address rupee volatility: RBI

 Ø  Three state-run banks plan to sell NPAs worth Rs.2,700 crore to ARCs

 Ø  Supreme Court vacates stay granted to DLF

 Ø  Bhushan Steel in talks with Monnet Ispat for stake purchase

 Ø  Amtek unit bondholders look to move UK courts

 Ø  Gateway Distriparks offers to buy Blackstone stake in unit for Rs600 crore

 Financial Express

Financial Chronicle
Ø  Sensex plunges 1,625 points to end at 25,742; Nifty at 7,809

 Ø  Manufacturing sector growth improves in August: SBI Index

 Ø  Fiscal deficit, inflation under control; economy in revival mode: FM Arun Jaitley

 Ø  Market mayhem: PM reviews situation, calls for reforms

 Ø  India has potential to achieve 100 GW solar target: Bosch

 Ø  Heineken eyes control of Indian maker of Kingfisher beer
Ø  Ready to use FX reserves as Sensex tumbles: Rajan

 Ø  BSE to suspend trading in 17 companies from Aug 26

 Ø  Glenmark expects USDFA approval for 4-6 drugs

 Ø  IIB to manage transaction exchange

 Ø  NSE shortens concessions in transaction fee by 1 month
Ø  Adani to invest Rs 25,000 crore in Chhattisgarh






24/08/2015
Economic Times
Business Standard

 Ø  Foreign portfolio investors may get MAT relief

 Ø  China to invest massive PF in volatile stock markets

 Ø  RBI likely to go for 25 bps rate cut in Sept: HSBC

 Ø  India to gain from policy of global alignment: Goyal

 Ø  German Pharma firm Merck to shut down B'lore GeNei

 Ø  Bandhan becomes India's first private bank in 11 yrs

 Ø  USL, Kingfisher Airlines face fine for listing violations

Ø  EPFO's equity investment depends on performance: Bandaru Dattatreya

 Ø  Agri Min pushes for hike in import duty of edible oils

 Ø  Taking legal advice on EU's medicine ban: Comm Secretary

 Ø  Govt approves development of 50 solar cities

 Ø  India's US govt securities holdings touch high at $117 bn

 Ø  Yes Bank to decide on $1 bn share sale in H2

 Business Line

Mint

 Ø  'India moving fast to resolve tax disputes with foreign entities'

 Ø  FPIs pull out Rs. 1,943 cr from stock markets this month

 Ø  ESIC cover for 4.3 crore workers in unorganised sector

 Ø  Piramal to invest Rs 200 cr in Dhobi Ghat project 

 Ø  Nestle plans to bring back Maggi noodles by year-end

 Ø  Godrej to tap rural markets for household insecticides 

Ø  Sebi board to discuss P-Notes issue on Monday

 Ø  Indian Oil stake sale to aid govt post best first half in 7 years

 Ø  OVL shortlisted for Mexican oil bid round

 Ø  GAIL in talks with Iran to revive decade-old LNG deal

 Ø  Oil minister Pradhan to sign MoU for oil pipeline with Nepal

 Ø  Irda chief urges firms to redesign products, offer simpler policies

 Financial Express

Financial Chronicle

 Ø  First set of tax sop phase-out in public domain soon: FM

 Ø  DRDO ties up with Ramdev to market supplements, food products

 Ø  Sebi allows 59 entities to square off existing positions

 Ø  Call drops: TRAI to probe tariff plans, issue draft paper

 Ø  UK Met Office loses weather service contract with BBC after almost 100 years

Ø  Yuan rout starts to infect emerging market currencies

 Ø  Tapping a Rs 1 lakh crore savings deposits opportunity

 Ø  JSPL may bid for ore mines in Odisha

 Ø  Pension biz of life insurers plunges 90% to Rs 2k cr in FY15

 Ø  Inox to invest Rs 320 cr in 3 yrs, eyes regional acquisitions
Ø  Telecom firms better placed to operate payments banks





24/08/2015
SGX Nifty -131 pts (8157) from last trade 8188 , 
Nikkei -389 pts , Hangseng -804 pts , NOW 6.52am , 
Dow -530.94 pts ,Nsdq -171.45 pts , S&P -64.84 pts ,Bovespa -929  pts, Ftse -180 pts , Dax -307 pts, Cac -152 pts, Crude @ $40.04brl (-0.41), Brent @ $45.12(-0.75) , Gold @ $1159.00 (-0.60), Silver @ $15.36 (+0.01), Euro @ $1.1384, JPY @ $121.7900, INR @ $65.8325
Futures Update

 Dow fut -99 , 
Ftse fut -75 , 
Cac fut -59 , 
Dax fut -158 . 

Indian Adr/Gdr
Infy: -1.50%,      Wit: -0.67%
Ttm: -4.71%,     Rdy: -3.89%
Hdb: -0.42%,      Ibn: -3.09% 
SBID: -2.51%,  RIGD: -3.33%
Today's Corporate Action 
24th Aug Ex Date

 HGS Interim Dividend - Rs. - 5.00 
KANORICHEM Dividend - Rs. - 1.50 

KSCL Interim Dividend - Rs. - 2.50







21/08/2015
Economic Times

Business Standard
Ø  No intention of banning P-Notes overnight: Govt

 Ø  Chinese province's crisis exposes economic fault line

 Ø  SBI, PNB, Bank of Baroda may exit UTI Mutual Fund

 Ø  GST rate to be 'as reasonable as possible': Finance Ministry

 Ø  Sebi proposes relaxed norms for infra investment trusts

 Ø  World Bank to look into investment opportunities in Haryana

 Ø  Government not to hike excise duty on petrol, diesel

 Ø  Government to release first quarter GDP data on August 31
Ø  Devaluation of yuan not a cause of worry at current levels: Raghuram Rajan

 Ø  Rajan allays bankers' fear of competition from payments banks

 Ø  Fuel retailing: OMCs gear up for intense competition

 Ø  Greek PM Alexis Tsipras resigns, election on Sept 20

 Ø  FM Arun Jaitley steps up rate cut pressure on RBI

 Ø  US oil falls to $40 on global glut

 Ø  Small finance bank licences next month: Rajan

 Ø  Dredging Corp sets OFS floor price at Rs 382

 Business Line

Mint
Ø  Apex court’s FSSAI order leaves industry looking for clarity

 Ø  No incentives for banks to tackle NPAs: SBI chief

 Ø  Routing commodity trades through brokers may push up costs for hedgers 

 Ø  Cement sector upbeat as Telangana, AP set to buy 3 mnt

 Ø  India Inc may be close to the end of bad times

 Ø  SEBI bars Riddhi Siddhi, 58 other cos from market
Ø  PE fund exits in 2015 so far highest in five years

 Ø  GSPC plans to sell stake in some hydrocarbon blocks

 Ø  Telcos and the tiresome overhang of Reliance Jio’s launch

 Ø  Aditya Birla Group launches Bizlabs to work with start-ups

 Ø  Iran asks India to clear $6.5 billion oil dues in 2 months

 Ø  Dr Reddy’s recalls Rivastigmine Tartrate capsules from US market

 Financial Express

Financial Chronicle
Ø  Rajan asks realty developers to bring down prices

 Ø  Sensex ends 324 points down, Nifty closes below 8,400

 Ø  Reliance Ind raises $225 million through overseas bond issue

 Ø  IMF freezes benchmark currency basket, defers any yuan addition

 Ø  China’s carbon count could be overstated by 14 pct: Nature

 Ø  Need to strengthen anti-dumping mechanism: DIPP
Ø  Govt approves pact with Seychelles to curb black money

 Ø  Payments banks pose risk to public lenders market share: Fitch

 Ø  Aurobindo gets USFDA nod for generic ulcer drug

 Ø  NTPC tax-free bonds oversubscribed 7.25 times

 Ø  3 Indian cos among world's most innovative firms: Forbes
Ø  India Post says open to partnerships for payments bank



21/08/2015
Market Update:
Sgx Nifty -81 pts
Dow -358.04 pts ,Nsdq -141.56 pts , S&P -43.88 pts ,Bovespa +60 pts, Ftse -35 pts , Dax -249 pts, Cac -100 pts, Nikkei  -353 pts , now, Crude @ $41.06brl (-0.26), Brent @ $46.32(-0.64) , Gold @ $1153.50 (+0.30), Silver @ $15.51 (-0.01), Euro @ $1.1238, JPY @ $123.4600, INR @ $65.5500
Indian Adr/Gdr
Infy: -4.68%,      Wit: -4.15%
Ttm: -3.17%,     Rdy: -2.00%
Hdb: -1.99%,      Ibn: -3.60% 
SBID: -4.02%,  RIGD: -3.76%
Today's Corporate Action 
21st Aug Ex Date
ALBERTDA Dividend - Rs. - 5.50 ATULAUTO Final Dividend - Rs. - 2.50 
AUROPHARMA Interim Dividend - Rs. - 0.50 
HINDALUMI Final Dividend - Rs. - 1.50 
ITDCEM Stock Split From Rs.10/- to Rs.1/- 
LUDLOWJUT Final Dividend - Rs. - 0.50 
NILA Final Dividend - Rs. - 0.10 ORIENTLTD Dividend - Rs. - 1.00 
SURYAROSNI Final Dividend - Rs. - 1.00
Today's Global Data
Aug 21: US money stock measures; 0200 IST

 Aug 21: US federal discount window borrowings; 0200 IST

 Aug 21: US foreign central bank holdings; 0200 IST

 Aug 21: UK Aug hometrack cities house price index; 0431 IST

 Aug 21: UK Jul Knight Frank house price sentiment index; 0431 IST

 Aug 21: Japan Aug flash manufacturing purchasing managers' index; 0705 IST

 Aug 21: Japan Jul supermarket sales; 1030 IST

 Aug 21: Germany Sep GfK consumer climate survey; 1130 IST

 Aug 21: Germany Aug flash purchasing managers' index; 1300 IST

 Aug 21: Eurozone Aug flash purchasing managers' index; 1330 IST

 Aug 21: UK Jul public sector finances; 1400 IST

 Aug 21: US Aug flash manufacturing purchasing managers' index; 1915 IST

 Aug 21: European Union FCCI flash consumer confidence indicator; 1930 IST

 Aug 21: US Jul regional and state employment and unemployment; 1930 IST

 Aug 21: US Hawaii Statehood Day
Aug 21: Japan Jun final labour survey - earnings, employment & hours worked




20/08/2015
Economic Times

 Business Standard

 Ø  'Adani in talks with Softbank, Foxconn on $3 bn solar plan'

 Ø  US crude down 4% to hit 6-1/2-yr low on surprise stock build

 Ø  Time to adapt oil prices at $30-40/bbl: Kazakh Prez

 Ø  PE, VC investors manage record exits worth $6 billion

 Ø  Government puts off plans to privatise 4 airports

 Ø  India still far off from turnaround in corp investment cycle: Report

 Ø  Coca Cola takes minority stake in juice maker Suja

Ø  RBI grants payments banks licence to 11 entities

 Ø  Adani Power may be disqualified from Rs 3,662-cr transmission projects

 Ø  Chinese recession is the biggest tail-risk to global markets: BofA-ML survey

 Ø  Sun Pharma secures approval for Ximino capsules

 Ø  Urea imports surge 29% to 21.43 lakh tonnes in Apr-Jul

 Ø  BHEL-constructed thermal power plant under scanner

 Ø  FTIL changes its name to '63 Moons Technologies'

 Business Line

Mint

 Ø  Mahindra Finance eyes 50% stake in proposed Payment Bank

 Ø  Portal soon to sell steel at competitive prices: Gadkari 

 Ø  BSE opens direct market access facility to FIIs

 Ø  Ministry plans changes to business model for ultra mega power projects

 Ø   Govt forms 3-member panel to assess situation in FTII

 Ø    Energy sector set to debut in G-20 ministerial in October

Ø  Coal India trade unions to oppose govt’s stake-sale plan

 Ø  Oberoi to acquire Crompton Greaves Mumbai HQ for Rs 200 crore

 Ø  West Asian cos look to buy Indian green power assets

 Ø  Narendra Modi injects market medicine into state banks along with funds

 Ø  JSPL likely to sell controlling stake in overseas mines

 Ø  Glenmark receives USFDA nod for oral contraceptive drug

 Financial Express

Financial Chronicle

 Ø  Sensex ends 100 points up at 27,932, Nifty closes at 8,495;

 Ø  Over 55,000 home buyers to get possession of flats in Noida

 Ø  PSB fund infusion plan won't fully finance shortfall: S&P

 Ø  Centre announces 30% tax sop for industries in Bihar

 Ø  SoftBank President Nikesh Arora to buy $480 mn of company's shares

 Ø  MF exposure to software stocks hits all-time high in July

Ø  IDFC pegs India GDP growth at 7.7% in FY16

 Ø  E-commerce generates $1.2m revenue every 30 sec

 Ø  IRDAI issues fresh norms on insurance ads

 Ø  Tata group's PE fund to pick up stake in Uber

 Ø  India mobile services market to reach $21.4b in 2015
Ø  Coal prices fall to 12 year lows as China, India join demand slowdown


20/08/2015
Market Update:
Sgx Nifty -55 pts
Dow -162.61 pts ,Nsdq -40.29 pts , S&P -17.31 pts ,Bovespa -862 pts, Ftse -122 pts , Dax -233 pts, Cac -87 pts, Nikkei  -55 pts , now, Crude @ $40.74brl (-0.06), Brent @ $47.12(-0.04) , Gold @ $1133.30 (+5.40), Silver @ $15.29 (+0.11), Euro @ $1.1138, JPY @ $123.8500, INR @ $65.2737
Indian Adr/Gdr
Infy:+0.89%,      Wit: -0.08%
Ttm: -0.97%,     Rdy:+0.88%
Hdb: -0.94%,      Ibn: -1.12% 
SBID:+0.12%,  RIGD:+1.37%
Today's Corporate Action 
20th Aug Ex Date

 BODALCHEM Interim Dividend - Rs. - 0.20 
BOROSIL Dividend - Rs. - 25.00 BOSCHLTD Dividend - Rs. - 85.00 
COSCO Interim Dividend - Rs. - 1.00 
DATAMATICS Final Dividend - Rs. - 0.65 
DUKEOFS Interim Dividend - Rs. - 0.25 
FINOLEXIND Dividend - Rs. - 2.00 
GOYALASS Reduction of Capital JUBILANTORG Dividend - Rs. - 3.00 
KKCL Final Dividend - Rs. - 1.50 MOIL Final Dividend - Rs. - 3.50 NBVENTURES Dividend - Rs. - 5.00 
NEAGI Final Dividend - Rs. - 20.00 
PENINLAND Dividend - Rs. - 0.30 
SINTEX Dividend - Rs. - 0.70 SPANDIA Buy Back of Shares TAKE Final Dividend - Rs. - 0.40 TCFCFIN Dividend - Rs. - 1.50

Today's Global Data
Aug 20: UK Jul automotive manufacturing figures; 0431 IST

 Aug 20: Japan Jul steel production data; 1030 IST

 Aug 20: Germany Jul producer price index; 1130 IST

 Aug 20: Japan Jul convenience store sales; 1230 IST

 Aug 20: UK Jul capital issuances; 1400 IST

 Aug 20: UK Jul CML mortgage lending data; 1400 IST

 Aug 20: UK Jul retail sales figures; 1400 IST

 Aug 20: European Union Apr-Jun balance of payments; 1430 IST

 Aug 20: UK Aug CBI industrial trends survey; 1530 IST

 Aug 20: UK Jul aluminium production report; 1530 IST

 Aug 20: US unemployment insurance weekly claims report - initial claims for
the week ended Aug 15; 1800 IST

 Aug 20: US weekly export sales; 1800 IST

 Aug 20: US Aug Philadelphia Fed business outlook survey; 1930 IST

 Aug 20: US Jul existing home sales; 1930 IST

 Aug 20: US Jul leading indicators; 1930 IST
Aug 20: US EIA weekly natural gas storage report for the week ended 14 Aug;2000 IST






19/08/2015
Economic Times

Business Standard
Ø  India's turn to become 'factory of the world': Chinese media

 Ø  SBI market leader despite facing constraints: FM

 Ø  Overwhelmed Greece says migrant crisis won't be solved with fences

 Ø  Consensus between govt, RBI on policy panel: FinMin

 Ø  Aluminium producers to press for import duty hike

 Ø  Government assures all help to boost pharma exports
Ø  States to put 82 blocks for auction by Oct-Nov: Mines Secy

 Ø  Moody's cuts India's 2015 growth forecast to 7% on deficient monsoon

 Ø  SBI to keep associate bank consolidation plans on hold

 Ø  RBI may delay rate cut if rupee depreciates further

 Ø  Enough is enough, govt tells telecom operators on call drops

 Ø  Modi to bet $1.5 billion on palm oil plan as imports surge

 Business Line

Mint
Ø  SEBI-FMC merger set to be formalised on September 28

 Ø   El Nino shadow looms large over South, Gangetic plains

 Ø  File report on suspicious transactions: BSE to brokers

 Ø  Adani Port, Thermax to gain from rupee’s fall: BofA-ML 

 Ø  Electrosteel Steels turns 'potentially sick'; needs to be reported to BIFR 

 Ø  LIC to launch maiden ULIP product on Wednesday  
Ø  Snapdeal valued at $4.8 billion after raising $500 million fresh funds

 Ø  Hero MotoCorp to develop Gujarat plant into an export hub

 Ø  Lenovo starts manufacturing smartphones in India

 Ø  Aurobindo Pharma to build three formulation plants in Andhra Pradesh, Telangana

 Ø  Defence contracts could turn the tide for L&T shipbuilding

 Ø  Cairn Energy seeks compensation for lost value in Indian driller

 Financial Express

Financial Chronicle
Ø  Securities Appellate Tribunal upholds $7.5 billion refund order against PACL

 Ø  China stocks fall 6% on fears of further yuan depreciation

 Ø  Arun Jaitley hopes RBI notes inflation 'under control'

 Ø  Rajesh Exports bags Rs 1,170-cr order from UAE

 Ø  ONGC, Hindalco among stocks that hit 52-week low on NSE

 Ø  HC extends stay on proceedings against Sahara Group's Subrata Roy in IT case
Ø  Moving towards softening interest rate environment: Kochhar

 Ø  Bosch commissions 12 mw solar project for Cochin Airport

 Ø  L&T Finance to raise Rs 125 cr via NCDs

 Ø  BGR Energy stabilises operations; back on profit path

 Ø  Kinetic ties up with Agusta to sell superbikes in India

 Ø  BSE to shift 17 stocks, NSE 2 scrips to 'T' group from Aug 24
Ø  Vedanta's Goa mine may restart iron ore export to China

19/08/2015
SGX Nifty -18 pts (8462) from last trade 8480 , 
Nikkei -78 pts , Hangseng +80 pts , 
Dow -33.84 pts ,Nsdq -32.35 pts , S&P -5.52 pts ,Bovespa +233 pts, Ftse -24 pts , Dax -24 pts, Cac -13 pts, Crude @ $42.36brl (-0.26), Brent @ $48.48(-0.33) , Gold @ $1116.30 (-0.60), Silver @ $14.83 (+0.04), Euro @ $1.1033, JPY @ $124.3700, INR @ $65.3150
Indian Adr/Gdr

 Infy:+0.56%,      Wit:+0.40%
Ttm: -0.89%,     Rdy:+2.06%
Hdb: -1.43%,      Ibn:+0.41% 
SBID:+0.95%,  RIGD: -1.04%
Today's Corporate Action 
19th Aug Ex Date

 AMNPLST Dividend - Rs. - 0.20 
CENTURYPLY Final Dividend - Rs. - 1.25 
FOMEHOT Dividend - Rs. - 1.00 
HMVL Dividend - Rs. - 1.20 
INDNIPPON Final Dividend - Rs. - 4.50 
KIRLOSIND Dividend - Rs. - 20.00 
MARATHON Dividend - Rs. - 6.00 
MAYURUNIQ Interim Dividend - Rs. - 0.80 
NATCAPSU Dividend - Rs. - 1.50 
PRECWIRE Dividend - Rs. - 2.50 
RCF Final Dividend - Rs. - 1.80 

WEPSOLN Final Dividend - Rs. - 0.50








18/08/2015
Indian markets are expected to trade in a range on Tuesday tracking muted trend seen in other Asian markets.

 "Well, it was not a great rally given that on Monday we were held by metals and PSU banks. Surely, the market will again try to test 8530-8550, but basically the market is contracting," says Ashwani Gujral, Fund Manager, Ashwanigujral.com.

 "Investors might want to take some profits off possibly from metals and PSU banking stocks which could lead the market a bit higher. The other leaders like Amara Raja or individual stocks could do well," he added.

 Here is a list of twelve stocks which are likely to remain in focus today:

 Cipla Ltd: India's third largest drug maker Cipla has emerged as the sole Indian contender for Kremers Urban Pharmaceuticals Inc, the specialty generics drug business of the $4 billion Belgian drug maker UCB.

 Sun TV Ltd: Government has decided to challenge the decisions of the Madras and Delhi High Courts allowing Kalanithi Maran promoted Sun Group to participate in the FM radio phase-III auction.

 Nestle India Ltd: India's food regulator isn't likely to appeal against the Bombay High Court decision setting aside the ban on Maggi noodles, a top government official told ET, thus allowing the process stipulated by the division bench to proceed.

 M&M Ltd: Auto major Mahindra & Mahindra has received shareholders' approval to raise up to Rs 5,000 crore through issuance of securities on private placement basis in domestic and/or international markets.

 Eicher Motors Ltd: To cater to the North American market, niche bike maker Royal Enfield has set up a direct distribution subsidiary in the US, its first outside India.

 Reliance Communications Ltd: Telecom operator Reliance Communications (RCom) said it has short-listed bidders that have sought to acquire up to 100 per cent stake in its tower subsidiary Reliance Infratel.

 TVS Motor Company Ltd: The two-wheeler company expects domestic two-wheeler sales to remain flat during the current fiscal due to "marginal and slow paced" revival in economic activity.

 Adani Ports Ltd: Adani Ports and the Kerala government have signed an MoU for the proposed Rs 7,525-crore Vizhinjam deep sea international terminal and port, 25 years after the project was first mooted, said media reports. 

 Manappuram Finance Ltd: The company said its consolidated net profit in the first quarter ended June 2015 rose by 34.3 per cent to Rs 59.30 crore.

 PSU Banks: The government has asked state-run banks to look for possible merger options before the proposed Bank Board Bureau (BBB) comes into existence, said a senior finance ministry official.

 SAIL: Steel Minister Narendra Singh Tomar inaugurated a steel processing unit under public private partnership (PPP) between SAILBSE 1.77 % and Prime Gold Pvt Ltd at Gwalior which will produce one lakh tonne of TMT steel annually.

 Vedanta Ltd: The company said it will issue non-convertible debentures (NCD) worth Rs 2,000 crore as the mining conglomerate aims to refinance its debt.
ET




18/08/2015
Economic Times

 Business Standard

 Ø  RBI, FIs to give govt 14% more than budget estimates

 Ø  Brazil tells Shell, ONGC to develop 2 oilfields as one

 Ø  UAE to raise India investments to Rs 5-lakh cr; boost trade 

 Ø  Kerala in pact with Adani for Rs7,525crVizhinjam port project

 Ø  Citigroup to pay $180mn to settle fraud charges

 Ø  $26.55-billion order for 250 Airbuses by IndiGo

 Ø  'India to clear dues worth $6.5 bn to Iran in tranches'

Ø  Monsoon deficit to widen to 12%, impact kharif crop: IMD

 Ø  CBDT to clarify bank a/c disclosure norms under black money law

 Ø  Vedanta to issue Rs 2,000-crore NCDs to refinance debt

 Ø  Maharashtra to seek Japanese investment in infra, auto, IT, manufacturing, smart cities

 Ø  Cairn, ONGC and Tata Petro spar over cess, royalty

 Ø  Neyveli Lignite to set up 600-Mw solar power capacity

 Business Line

Mint

 Ø  RIL sells first crude cargo on Platts Dubai 

 Ø  Modi offers $1 trillion investment opportunity to UAE

 Ø  Jack Ma joins Alibaba’s $4 bn share buy-back 

 Ø  LafargeHolcim to sell 2 plants to Birla Corp for Rs 5,000 cr

 Ø  Rate cuts, lower oil prices to boost consumption: BofAML 

 Ø  JM Financial arm ties up with US firm for investment advisory services 

Ø  Irrational exuberance at Bank of Baroda

 Ø  Goldman Sachs picks up minority stake in Piramal Realty for Rs900 crore

 Ø  Govt weighs allowing FDI in rubber, coffee plantations

 Ø  Coffee Day Enterprises gets Sebi nod for Rs.1,150 cr IPO

 Ø  SC orders FTIL to transfer IEX shares in escrow account

 Ø  NTPC close to awarding $4 billion coal mine contract

 Financial Express

Financial Chronicle

 Ø  Not selling overseas properties: Sahara to Supreme Court

 Ø  Sensex ends 189 points down on weak rupee, Nifty below 8,500; Tata Steel, SBI gain

 Ø  India, EU working to end trade huff over generic drugs

 Ø  Govt hikes tariff value on imported gold, silver

 Ø  Jet Airways mulls extending lease of six aircraft with Etihad

Ø  Ratan Tata, Mohandas Pai invest in YourStory.com

 Ø  Bhansali's Talma Chemical buys over 5% in Balaji Telefilms

 Ø  CIL e-auction realisation slips in June quarter

 Ø  RCom short-lists bidders for stake sale in tower arm
Ø  QBE to buy more stakes in Raheja QBE General Insurance




17/08/2015
Economic Times

Business Standard
Ø  Telecom infra cos to save 1,500 cr if diesel under GST

 Ø  Indradhanush could be game changer for banks: Crisil

 Ø  Equity returns 3-times more than gold: Sebi chief

 Ø  RIL again loses most profitable company tag, this time to IOC

 Ø  Global cues, rupee movement to dictate mkt trend

 Ø  CBDT constitutes committee to fine tune transfer policy

 Ø  PE funds bet big on India, pour $7 billion in H1: Report
Ø  Govt drops banker selection process for stake sale in 5 PSUs

 Ø  Modi's visit a chance to chart new course in ties: UAE

 Ø  DoT asks telcos to file weekly update on call drops

 Ø  NITI Aayog offers 30% hike over PlanComm pay to attract talent

 Ø  Gas prices to dip below $4.2/unit from Oct 1

 Ø  BSNL lost 20 mn subscribers in FY15

 Ø  RBI stresses on timely approvals for MSMEs

 Business Line

Mint
Ø  Housing.com acquires HomeBuy360 in $2-mn deal

 Ø  NSEL-FTIL merger sub judice, can't specify timeline, says Centre 

 Ø  Crude oil tumbles to fresh six-year low of $42/barrel on rising US stockpiles

 Ø  Foreign assets of Rs. 6,500 cr disclosed under compliance window: PM

 Ø  CBI files supplementary charge-sheet in Saradha scam  
Ø  Maggi ban: Nestle says confident of defending Rs 640 crore suit by govt

 Ø  Pantaloons to invest Rs 125cr this fiscal, add up to 35 stores

 Ø  DLF to invest Rs 900 crore on construction of new office complex

 Ø  Cipla rides high on Nexium but strikes a cautious note

 Ø  Axis Bank eyes 50,000 NFC-powered POS machines by 2015-end

 Financial Express

Financial Chronicle
Ø  Simple, transparent process to help prevent unlawful disposal of property

 Ø  Small stocks give big returns to investors; outshine blue-chips

 Ø  FPIs take out Rs 800 cr from market in a fortnight

 Ø  Avoid excessive duty free items on board: DGCA asks airlines

 Ø  Govt should sort out internal challenges: Tata Steel
Ø  BSE takes measures to plug tax evasion, money laundering

 Ø  80,000 officers, staff of PSU banks to retire in 2 years

 Ø  Allahabad Bank chalks up Rs 3.85 lakh cr biz target

 Ø  Steel producer Jai Balaji likely to make BIFR reference

 Ø  Global markets face currency rout as commodity prices fall
Ø  Godrej Industries expects revenue growth of 20%


17/08/2015
Market Update:
Sgx Nifty -9 pts
Dow +69.15 pts ,Nsdq +14.68 pts , S&P +8.15 pts ,Bovespa -501 pts, Ftse -17 pts , Dax -29 pts, Cac -30 pts, Nikkei  +110 pts , now, Crude @ $42.04brl (-0.46), Brent @ $48.61 (-0.58) , Gold @ $1114.40 (+1.70), Silver @ $15.22 (0.00), Euro @ $1.1094, JPY @ $124.4100, INR @ $65.0075
Indian Adr/Gdr
Infy: -0.33%,      Wit:+0.40%
Ttm:+0.26%,     Rdy: -1.67%
Hdb:+0.18%,      Ibn:+0.93% 
SBID:+3.30%,  RIGD:+2.84%
Today's Corporate Action 
17th Aug Ex Date
ADORFO Dividend - Rs. - 3.50 
AXISCAP Dividend - Rs. - 1.25 
DLF Dividend - Rs. - 2.00 EVERESTIND Dividend - Rs. - 5.00 
FLFL Dividend - Rs. - 0.40
FRL Dividend - Rs. - 0.60 FRLDVR Dividend - Rs. - 0.64 
INDPRUD Dividend - Rs. - 55.00 
KABRAEXTRU Dividend - Rs. - 2.00 
MORARJEE Dividend - Rs. - 1.75 
PLASTIBLEN Dividend - Rs. - 5.50 
SHARDA Final Dividend - Rs. - 5.00 
SIGNETIND Stock Split From Rs.10/- to Rs.1/- 

THOMASCOOK Dividend - Rs. - 0.50


14/08/2015
Economic Times

Business Standard
Ø  Yuan devaluation: Fin Min says hot money can 'desert' India

 Ø  Reliance Jio to partner with Reliance Communications

 Ø  GST Bill: Govt keeps options open on spl session 

 Ø  ONGC may spend $7 bn to develop oil & gas blocks

 Ø  Essel Group, CII ink pact to form technical consortium for Smart Cities

 Ø  Banks ask RBI to reduce asset risk weights to global levels

 Ø  Jaypee Cement wins Majra coal block in Maharashtra

 Ø  IDBI Bank gets shareholders nod to raise Rs 26,000 cr
Ø  RBI to transfer Rs 65,896 crore surplus to government

 Ø  Tata Sons to raise stake in AirAsia India to 41%

 Ø  RBI warning on infra projects' loan refinancing

 Ø  Cong not averse to GST provided Govt brings 'good' legislation

 Ø  Chinese devaluation could worsen local textile sector woes

 Ø  Ashok Leyland to set up assembling facility in African countries

 Ø  IOC first quarter net jumps 2.5 times to Rs 6,436 crore

 Ø  Govt selects 5 bankers to manage IOC stake sale

 Business Line

Mint
Ø   Indian banks in UK face tougher rules 

 Ø  Nestle India wins a reprieve as court sets aside ban order

 Ø  States may get Central funds support for exploration activity 

 Ø  India set to pay $1.4 bn Iran oil dues

 Ø   MFIs told to cap loans to joint liability groups at Rs60,000

 Ø  IRB Infra forms investment trust to float projects  
Ø  Cabinet clears policy on spectrum sharing

 Ø  Monsoon rains 9% below normal so far, expected to remain weak

 Ø  Govt raises import duty on some steel products

 Ø  Tata Power waits on Mundra, Arutmin stake sale

 Ø  DLF’s Q1 profit dips 4.8% to Rs.121.5 crore

 Ø  Allcargo buys ships to boost coastal shipping business

 Financial Express

Financial Chronicle
Ø  Indian rupee plunges to 2-year low of 65.10 on yuan woes

 Ø  Chinese move to devalue yuan dangerous and unpredictable: Aditya Puri

 Ø  Coal auctions: Govt raises Rs 4,364 crore in third round

 Ø  Symphony acquires Chinese air cooler company for Rs 1.5 cr

 Ø  Nucleus Software Exports shares zoom over 14% after tie-up with Microsoft

 Ø  Unitech posts Rs 281 cr loss in June quarter
Ø  Jaitley says govt determined to meet GST deadline

 Ø  Modi looks to boost trade, economic ties with UAE

 Ø  Banks allowed to tie up with more than one insurer

 Ø  Banks have to incentivised for gold monetisation to work: WGC

 Ø  NSE's SME platform witnesses big wave of listings in Aug
Ø  Reliance Infra reports 12.39% drop in PAT


14/08/2015
Market Update:
Sgx Nifty +7 pts
Dow +5.74 pts ,Nsdq -10.83 pts , S&P -2.66 pts ,Bovespa -378 pts, Ftse -2 pts , Dax +90 pts, Cac +61 pts, Nikkei  -76 pts , now, Crude @ $42.15brl (-0.08), Brent @ $49.22 (+0.00) , Gold @ $1112.90 (-2.70), Silver @ $15.37 (-0.03), Euro @ $1.1159, JPY @ $124.3900, INR @ $65.1050
Indian Adr/Gdr
Infy:+1.01%,     Wit: -1.26%
Ttm: -2.30%,     Rdy: -0.68%
Hdb: -0.32%,      Ibn: -1.12% 
SBID:+0.02%,  RIGD: -4.03%
Today's Corporate Action 
14th Aug Ex Date

 ASHIANA Dividend - Rs. - 0.50 AVTNPL Final Dividend - Rs. - 0.30 CUB Dividend - Rs. - 1.10 DAIKAFFI Dividend - Rs. - 0.80 8ENGINERSIN Final Dividend - Rs. - 2.00 
GIPCL Dividend - Rs. - 2.50 GRNLAMIND Final Dividend - Rs. - 0.50 
IFGLREFRAC Dividend - Rs. - 2.00 
IL&FSTRANS Dividend - Rs. - 4.00 
JINDRILL Dividend - Rs. - 0.50 KAUSAMBI Stock Split From Rs.10/- to Rs.1/- 
KPRMILL Final Dividend - Rs. - 5.00 
MAHSEAMLES Dividend - Rs. - 5.00 
METALCO Final Dividend - Rs. - 1.00 
MYSORPETRO Dividend - Rs. - 2.00 
PIDILITIND Dividend - Rs. - 2.90 SOMANYCERA Dividend - Rs. - 2.00 
SRIPIPES Dividend - Rs. - 3.00 ULTRACEMCO Dividend - Rs. - 9.00 
VINYLINDIA Dividend - Rs. - 1.50
Topay's Key Result
14th Aug

 BPCL(Cog Est Net 1951cr +60% Yoy Res Time-During Mkt)
Cipla(Cog Est Net 453cr +36% Yoy Res Time-After Mkt)
Hindalco(Cog Est Net 116cr -65% Yoy Res Time-During Mkt)

 Akzo Nob,Amaraja Bat,Ang Inds,Bang Overseas,Beml, Bhushan Steel,Bliss Gvs, Bpl,Clutch Auto,Dredging Corp,Elecon Eng,Ess Dee Alum,Essar Ship,Gajra Bevel,Gayatri Proj,Gitanjali Gems,Gipcl,Hind Mot,Indo Rama,Ivrcl,Jet Airways, Liberty Shoes,Lml,Lumax Auto,Mtnl, Maithan Alloys, Monnet Ispat,Neuland Lab.Nitin fire, Opto Circuit, Pipavav Def,PFC, Punj Lloyd,Pvp Vent,Radha Madhav Corp,Rasoya Prot, Ruchi Soya,Savera Ind,Selan Expl,Sree Rayal Seema Alkali,SAIL,Suven Life,Trf, Venkys Ind,Vivimed Lab, Walchand Nag,Zen Tech
Today's Data Alert
14th Aug 
WPI Inflation Data IST 12pm

 Est -2.9% Prior -2.40%
Srcs Cogencis 
Today's Global Data
Aug 14: France Apr-Jun preliminary gross domestic product data; 0700 IST

 Aug 14: Germany Apr-Jun gross domestic product data first release; 0730 IST

 Aug 14: European Union July harmonized consumer price index; 1030 IST

 Aug 14: European Union flash estimate of Apr-Jun gross domestic product;
1030 IST

 Aug 14: US July producer price index; 1400 IST

 Aug 14: US July industrial production and capacity utilisation data; 1515
IST

 Aug 14: US August University of Michigan preliminary consumer survey; 1520

IST




13/08/2015
13-08-2015 : 8.22 AM
India Capital World Mkts Update:
SGXNifty: 8391(+14)
DJ: 17403(-1)
NASDAQ: 5044(+8)
FTSE: 6571(-93)
HANGSENG: 23978(+62)
NIKKEI: 20479(+86)

 Fno ban : 
Amtekauto

Ibrealest



13/08/2015
Market Update:
Sgx Nifty -11 pts
Dow -0.33 pts ,Nsdq +7.60 pts , S&P +1.98 pts ,Bovespa -684 pts, Ftse -71 pts , Dax -369 pts, Cac -173 pts, Nikkei  +49 pts , now, Crude @ $43.27brl (-0.03), Brent @ $49.76 (+0.10) , Gold @ $1122.80 (-0.80), Silver @ $15.49 (+0.01), Euro @ $1.1157, JPY @ $124.3000, INR @ $64.8138
Indian Adr/Gdr
Infy:+2.23%,    Wit:+2.85%
Ttm: -3.55%,    Rdy:+0.18%
Hdb:+1.19%,     Ibn: -1.21% 
SBID: -7.17%,  RIGD: -0.21%
Today's Corporate Action 
13th Aug Ex Date

 APLAPOLLO Dividend - Rs. - 6.00 B
HARTIARTL Final Dividend - Rs. - 2.22 
FINANTECH Interim Dividend - Rs. - 5.00 
FLEXFO Dividend - Rs. - 2.25 GRAUWEIL Dividend - Rs. - 0.22 HEXAWARE Interim Dividend - Rs. - 2.00 
J&KBANK Dividend - Rs. - 2.10 KDDL Dividend - Rs. - 2.00 MAZDALTD Dividend - Rs. - 6.00 
MUNJALAU Dividend - Rs. - 2.50 MUTHTFN Dividend - Rs. - 5.00 SPECIALITY Dividend - Rs. - 1.00 
STAN Interim Dividend - Rs. -14. 
WIMPLAST Final Dividend - Rs. - 10.00

Topay's Key Result
13th Aug

 ONGC(Cog Est Net 6205cr +30% Yoy Res Time-After Mkt)
Tata Power(Cog Cons Net 219cr -298% Yoy Res Time-After Mkt)

 Abg Ship,Ajanta Pharma, Alok Inds,Atlas Cycle,Bajaj Hind,Balaji Tele,Cenlub, Dcm Ltd,Dharni Sug, Digjam,Educomp,Essar Port,Fedder Lloyd,Gammon Infra,Gillander,Global Off, Gmr Infra,Gvkpil,IOC,Irb Infra,Jubliant Food,Kaveri Seed, Kirloskar Elect, Lakshmi Elect,Lloyd Elect, Manugraph, Mayur Uniq, Mirc Elect,Moser Baer, NBCC,Orchid Chem, Phoenix Mill,Rajesh Exp,Rattan Ind Infra,Ricoh Ind,Shree Renuka Sug,Siti Cable, STCI, Surya Roshni, Suryavanshi Spin,Texmo Pipe,Tide Water, Uni abex, Unitech,Valecha Eng

Today's Global Data
Aug 13: Japan June machinery orders data; 0020 IST

 Aug 13: Germany July consumer price index; 0730 IST

 Aug 13: Germany Jul-Sep ifo world economic climate data; 1030 IST

 Aug 13: European Union European Central Bank accounts of last monetary
 policy discussions; 1300 IST

 Aug 13: US July advance sales for retail and food services data; 1400 IST

 Aug 13: US jobless claims data for week ended Aug 8; 1400 IST

 Aug 13: US July import and export price indices; 1400 IST

 Aug 13: US weekly export sales; 1400 IST

 Aug 13: US June manufacturing and trade inventories and sales data; 1530 IST

 Aug 13: US EIA natural gas storage report for week ended Aug 7; 1530 IST

 Aug 13: US New York Federal Reserve Bank's Apr-Jun household debt and credit report; 1600 IST

 Aug 13: US Federal discount window borrowings data; 2200 IST

 Aug 13: US money stock measures data; 2200 IST
Aug 13: US foreign central bank holdings data; 2200 IST





13/08/2015
Economic Times

 Business Standard

 Ø  PM eyes UAE’s $800 bn fund to boost infra spending

 Ø  Rajan best banker, deserves Nobel: Marc Faber

 Ø  Government to sell 10 per cent stake in Coal India

 Ø  Adani Ports gets shareholders nod to raise Rs 10K cr

 Ø  Yuan may fall 10%; see no Fed hike in Sept: Faber

 Ø  No decision yet on FDI in multi-brand retail: N Sitharaman

Ø  July CPI inflation eases to 3.78%; June IIP improves to 3.8%

 Ø  Govt jettisons GST, considers special session of parliament

 Ø  US seeks more clarity on India's FDI stance in e-comm, defence

 Ø  Adani Ports to replace NMDC in Nifty

 Ø  NSEL investor petitions: Sebi probing FTIL, promoters

 Ø  Ashok Leyland swings into net profit of Rs 159 cr in Q1

 Business Line

Mint

 Ø  Dollar drops as China’s currency devaluation raises doubts over Fed hike timing 

 Ø  Tata Steel seeks safeguard, dumping duties on imports 

 Ø  European shares extend sell-off on China concerns 

 Ø  Nestle India ‘disappointed’ by government complaint

 Ø  Steel Exchange India to acquire Lion Impex

 Ø  Cabinet nod for pacts on renewable energy 

Ø  Govt raises import duty on some steel products

 Ø  Higher costs, muted realizations spoil Q1 for Coal India

 Ø  IDBI Q1 net profit rises 27% toRs.135 crore

 Ø  Balco to shut down rolled products business

 Ø  Mah govt-backed NBFC stares at a huge NPA problem

 Ø  Xiaomi ties up with Foxconn to assemble smartphones in India

 Financial Express

Financial Chronicle

 Ø  RBI seen intervening as rupee falls to near 2-year low

 Ø  Cabinet approves spectrum sharing by telcos

 Ø  'Market-oriented' yuan spells more trouble for India

 Ø  Sensex closes 354 points down at 27,512, Nifty closes below 8,400; realty stocks crash 5.4%

 Ø  Oil refiners' stocks slump on GRM worries, inventory gains may come off

Ø  World economies must take note of yuan devaluation: CEA

 Ø  GST can still add 0.6% to GDP growth: HSBC

 Ø  USFDA says lead in Maggi within acceptable levels

 Ø  Crude oil price falls augers well for India

 Ø  Coal auction hits troubles, two mines go off bidding
Ø  CAG raps SAIL as its modernisation, expansion plans fail



13/08/2015
Market Update:
Sgx Nifty -11 pts
Dow -0.33 pts ,Nsdq +7.60 pts , S&P +1.98 pts ,Bovespa -684 pts, Ftse -71 pts , Dax -369 pts, Cac -173 pts, Nikkei  +49 pts , now, Crude @ $43.27brl (-0.03), Brent @ $49.76 (+0.10) , Gold @ $1122.80 (-0.80), Silver @ $15.49 (+0.01), Euro @ $1.1157, JPY @ $124.3000, INR @ $64.8138
Indian Adr/Gdr
Infy:+2.23%,    Wit:+2.85%
Ttm: -3.55%,    Rdy:+0.18%
Hdb:+1.19%,     Ibn: -1.21% 
SBID: -7.17%,  RIGD: -0.21%
Today's Corporate Action 
13th Aug Ex Date

 APLAPOLLO Dividend - Rs. - 6.00 B
HARTIARTL Final Dividend - Rs. - 2.22 
FINANTECH Interim Dividend - Rs. - 5.00 
FLEXFO Dividend - Rs. - 2.25 GRAUWEIL Dividend - Rs. - 0.22 HEXAWARE Interim Dividend - Rs. - 2.00 
J&KBANK Dividend - Rs. - 2.10 KDDL Dividend - Rs. - 2.00 MAZDALTD Dividend - Rs. - 6.00 
MUNJALAU Dividend - Rs. - 2.50 MUTHTFN Dividend - Rs. - 5.00 SPECIALITY Dividend - Rs. - 1.00 
STAN Interim Dividend - Rs. -14. 
WIMPLAST Final Dividend - Rs. - 10.00

Topay's Key Result
13th Aug

 ONGC(Cog Est Net 6205cr +30% Yoy Res Time-After Mkt)
Tata Power(Cog Cons Net 219cr -298% Yoy Res Time-After Mkt)
Abg Ship,Ajanta Pharma, Alok Inds,Atlas Cycle,Bajaj Hind,Balaji Tele,Cenlub, Dcm Ltd,Dharni Sug, Digjam,Educomp,Essar Port,Fedder Lloyd,Gammon Infra,Gillander,Global Off, Gmr Infra,Gvkpil,IOC,Irb Infra,Jubliant Food,Kaveri Seed, Kirloskar Elect, Lakshmi Elect,Lloyd Elect, Manugraph, Mayur Uniq, Mirc Elect,Moser Baer, NBCC,Orchid Chem, Phoenix Mill,Rajesh Exp,Rattan Ind Infra,Ricoh Ind,Shree Renuka Sug,Siti Cable, STCI, Surya Roshni, Suryavanshi Spin,Texmo Pipe,Tide Water, Uni abex, Unitech,Valecha Eng






12/08/2015
Economic Times

Business Standard
Ø  Govt may not link gold monetisation scheme with CRR

 Ø  Govt to announce new gas price formula: Oil Minister

 Ø  Government approves 17,000-crore highways upgradation projects

 Ø  Rlys arm to issue Rs 6,000 cr tax-free bonds

 Ø  Govt bonds over-subscribed; FIIs pump in Rs 974 cr

 Ø  Foxconn's decision to invest in India ruffles Chinese media 

 Ø  ABD calls off buyout talks with Tilaknagar Industries
Ø  Govt lists GST Bill for passage in Rajya Sabha today

 Ø  Centre set to seek Rs 426 cr in damages from Nestle

 Ø  Asset quality pressures to continue for a few more quarters

 Ø  RBI intervenes more through forwards in foreign exchange market

 Ø  Indonesia urges US Fed to hurry up and raise interest rates

 Ø  Back to the future: Nokia prepares for mobile comeback

 Ø  Govt caps kerosene subsidy at Rs 12/ltr, LPG at Rs 18/kg

 Business Line

Mint
Ø  Greece, creditors ‘close’ to deal on third bailout 

 Ø  Poland woos Indian firms to set up manufacturing facilities 

 Ø  Vedanta resumes mining operations in Goa after 3 years

 Ø  Persuading States for single tax structure on bio-fuels: Oil Min

 Ø  State Bank, Sun Pharma, Tata Steel results today 

 Ø  Chambal Fertilisers’ net jumps 81% on higher sales
Ø  Wockhardt’s profitability rises in Q1 but US FDA’s go-ahead remains critical

 Ø  Shapoorji Pallonji raises Rs.2,610 crore in largest infra refinancing deal

 Ø  Videocon to roll out 4G mobile services by year end

 Ø  Lanco lenders to acquire Teesta Hydro Power by converting debt to equity

 Ø  J&K Bank Q1 profit rises 22%

 Financial Express

Financial Chronicle
Ø  Sensex ends 135 points on GST worries, ONGC top loser

 Ø  Recovery in corporate earnings several quarters away

 Ø  Airtel reduces prices for new broadband customers by up to 30%

 Ø  Adani Ports Q1 net profit up 13 per cent at Rs 641 crores
Ø  FPIs go slow on corp bonds, await gilt limit hike

 Ø  Gujarat's all 4 discoms get A+ rating for 2013-14

 Ø  Sadbhav Engineering bags Rs 1,557-cr projects from NHAI

 Ø  Japan marks biggest H1 gain in current account surplus since 2010
Ø  New premium gas pricing policy for deepwater blocks soon



11/08/2015
Market Update:
Sgx Nifty -22 pts
Dow -212.33 pts ,Nsdq -65.01 pts , S&P -20.11 pts ,Bovespa -280 pts, Ftse -71 pts , Dax -311 pts, Cac -96 pts, Nikkei  -66 pts , now, Crude @ $43.55brl (+0.47), Brent @ $49.40 (+0.22) , Gold @ $1109.80 (+2.10), Silver @ $15.34 (+0.06), Euro @ $1.1047, JPY @ $125.0900, INR @ $64.2050
Indian Adr/Gdr
Infy: -1.30%,     Wit: -2.15%
Ttm: -6.10%,    Rdy: -2.21%
Hdb: -1.16%,     Ibn: -2.65% 
SBID:-3.51%,  RIGD: -1.91%

 Today's Corporate Action 
12th Aug Ex Date

 ABMKNO Final Dividend - Rs. - 2.00 
BASF Dividend - Rs. - 4.00 BENARAS Dividend - Rs. - 20.00 EVEREST Reduction of Capital INDOBORAX Final Dividend - Rs. - 1.50 
LUMAXTECH Dividend - Rs. - 7.00 
MERCATOR Dividend - Rs. - 0.20 
ORIENTPPR Dividend - Rs. - 0.10

 Today's Key Result
12th Aug

 Coal India(Cog Cons Est Net 4009cr -1% Yoy Res Time-After Mkt)
Ashok Ley,Aurobindo Pharm,AB Nuvo,Albert David, Alembic Ltd,Anant Raj,Asahi Songwon,Asian Hot(N), Axiscades, Bilt,Balmer Lawrie,Balram Chin, Bank Of Mah,Cadila Health, Cimmco, City Union, Dhanlaxmi Bank, Dhanuka Agri,Dolphin Off, Emco Ltd,Gokal Exp,GTC, Ge Ship, Gtl Infra,Hinduja Global, Honda Siel,Hotel Leela,IDBI Bank,India Cem.Ind Hot, Jayswal Neco,Jindal Steel, Kcp, Kopran, Lovable Ling, Man Infra,Max Ind,Maxwell, Merk Ltd,Natco Pharm,Nat Allum,Oil India, Plastiblend, Rainbow Pap,Rane Hold, Rel Infra,Repro Ind,Rico Auto,Skumar.com, SCI,Spec Rest,Subex,Suryalata Spin, Time Techno,Titagarh Wag, Vidhi Dye,Vipul Ltd,Vst Inds,Voltas,Wonderla,Zuari Agro,Zuari Glob

Today's Data Alert
12th Aug IST 17.30 

 IIP Data & Cpi Data
IIP Est 3.3% Prior 2.7 %
Cpi Est 4.4 % Prior 5.40 %

Cogencis Est



11/08/2015
Economic Times

Business Standard
Ø  Govt may not link gold monetisation scheme with CRR

 Ø  Govt to announce new gas price formula: Oil Minister

 Ø  Government approves 17,000-crore highways upgradation projects

 Ø  Rlys arm to issue Rs 6,000 cr tax-free bonds

 Ø  Govt bonds over-subscribed; FIIs pump in Rs 974 cr

 Ø  Foxconn's decision to invest in India ruffles Chinese media 

 Ø  ABD calls off buyout talks with Tilaknagar Industries
Ø  Govt lists GST Bill for passage in Rajya Sabha today

 Ø  Centre set to seek Rs 426 cr in damages from Nestle

 Ø  Asset quality pressures to continue for a few more quarters

 Ø  RBI intervenes more through forwards in foreign exchange market

 Ø  Indonesia urges US Fed to hurry up and raise interest rates

 Ø  Back to the future: Nokia prepares for mobile comeback

 Ø  Govt caps kerosene subsidy at Rs 12/ltr, LPG at Rs 18/kg

 Business Line

Mint
Ø  Greece, creditors ‘close’ to deal on third bailout 

 Ø  Poland woos Indian firms to set up manufacturing facilities 

 Ø  Vedanta resumes mining operations in Goa after 3 years

 Ø  Persuading States for single tax structure on bio-fuels: Oil Min

 Ø  State Bank, Sun Pharma, Tata Steel results today 

 Ø  Chambal Fertilisers’ net jumps 81% on higher sales
Ø  Wockhardt’s profitability rises in Q1 but US FDA’s go-ahead remains critical

 Ø  Shapoorji Pallonji raises Rs.2,610 crore in largest infra refinancing deal

 Ø  Videocon to roll out 4G mobile services by year end

 Ø  Lanco lenders to acquire Teesta Hydro Power by converting debt to equity

 Ø  J&K Bank Q1 profit rises 22%

 Financial Express

Financial Chronicle
Ø  Sensex ends 135 points on GST worries, ONGC top loser

 Ø  Recovery in corporate earnings several quarters away

 Ø  Airtel reduces prices for new broadband customers by up to 30%

 Ø  Adani Ports Q1 net profit up 13 per cent at Rs 641 crores
Ø  FPIs go slow on corp bonds, await gilt limit hike

 Ø  Gujarat's all 4 discoms get A+ rating for 2013-14

 Ø  Sadbhav Engineering bags Rs 1,557-cr projects from NHAI

 Ø  Japan marks biggest H1 gain in current account surplus since 2010

 Ø  New premium gas pricing policy for deepwater blocks soon

JUST NOW : China weakens Yuan reference rate by 1.9%, most on record
11/08/2015
Bloomberg Earnings Preview 

 #Earnings Preview: @Tatasteelltd Q1 total income seen down 19% at Rs 29,389 Cr vs Rs 36,427 Cr Tatasteelltd Q1 loss seen at Rs 460 Cr vs profit of Rs 337 Cr (YoY).

 #Earnings Preview: @SunPharma net profit seen at Rs 1,104 Cr; Q1 revenues seen at Rs 6,706 Cr
#Earnings Preview: @TheOfficialSBI Q1 NII seen up 8.3% at Rs 14,354 Cr vs Rs 13,252.2 Cr (YoY)

#Earnings Preview: @TheOfficial SBI Q1 net profit seen up 1.5% at at Rs 3,400 Cr vs Rs 3349.1 Cr (YoY)


11/08/2015
SGX Nifty +32 pts (8553) from last trade
 8521 , 
Nikkei +124 pts , Hangseng +174 pts , 
Dow +241.79 pts ,Nsdq +58.25 pts , S&P +26.71 pts ,Bovespa +775 pts, Ftse +17 pts , Dax +113 pts, Cac +40 pts, Crude @ $44.77/brl (-0.19), Brent @ $50.09 (-0.32) , Gold @ $1104.60 (+0.50), Silver @ $15.25 (-0.04), Euro @ $1.1019, JPY @ $124.6200, INR @ $63.8712

 Indian Adr/Gdr

 Infy:+0.91%,     Wit:+0.64%
Ttm:+1.17%,    Rdy:+0.70%
Hdb:+0.06%,     Ibn:+0.30% 
SBID: -0.11%,  RIGD: -0.23%
Today's Corporate Action 
11th Aug Ex Date

 ASMTEC Final Dividend - Rs. - 0.80 
CIPLA Dividend - Rs. - 2.00 DYNAMIND Dividend - Rs. - 1.00 
KCPSUGIND Dividend - Rs. - 0.10 
KPIT Dividend - Rs. - 1.10 PRIYALT Dividend - Rs. - 1.00 RSYSTEMS Interim Dividend - Rs. - 3.30 
SAIL Final Dividend - Rs. - 0.25 SANCTRN Dividend - Rs. - 2.70
Topay's Key Result
11th Aug

 Tata Steel(Cog Cons Est Net -438cr -229% Yoy Res Time-After Mkt) 
SBI(Cog Est Net 3507cr +5% Yoy Res Tim-During Mkt)
Sun Pharma(Cog Cons Est Net 1304cr -6% Yoy Res Time-After Mkt)
BOSCH(Cog Est Net 293cr -4% Yoy Res Time-During Mkt)
NMDC(Cog Est Net 1097cr -43% Yoy Res Time-After Mkt)

Adani Ent,Aksh Opti,Ansal Prop,Apollo Hosp,Apollo Tyre,Aries Agro,Asian Oil,Aurionpro Sol,Deccan Cem,Ginni Fila,Gofrej Inds,Gnfc,Harr Malay, Hathway Cab,Hind Cop, HPCL,IFCI,Jai Corp,Jbf Inds,Jubliant Life,Kabra Extru,Mafatlal Inds,Prem Explo,Rajapalaya Mill,Rel Power,Supra Eng,Suryajyoti Spin,Tata Inv,Vindhya Tele, Vst Till,West Coast Pap





10/08/2015
Economic Times

Business Standard
Ø  Promoters, not investors should first feel the pinch: Sebi

 Ø  Cash-rich PSUs may be asked to submit IPO plans

 Ø  Greece, creditors closing in on third bailout accord

 Ø  India receives $ 24 bn in FDI from EU in last 3 yrs

 Ø  Coal auction's third round to begin on Tuesday

 Ø  Debt to equity: Lanco lenders to take over Teesta

 Ø  Piramal Ent likely to hive off its critical care business
Ø  Some payments banks face dual oversight

 Ø  Power sector's woes now spill over to equipment makers

 Ø  Govt notifies changes in I-T rules to comply with FATCA pact

 Ø  Govt looking for partner to set up Rs 5K-cr urea plant in Iran

 Ø  Significant decline in value of MSEI warrants pushes MCX into red

 Ø  Indian funds as good as foreign peers, need scale: UTI chief

 Ø  Govt in talk with countries to barter sugar for pulses

 Business Line

Mint
Ø  After EPFO, SEBI pitches for more pension funds in market

 Ø  China faces deflation as producer prices slide to 6-year low 

 Ø  NSE to auction investment limits for Rs. 556-cr govt bonds

 Ø  Swiss National Bank hikes exposure to Indian companies 

 Ø  Govt spending should be within means: Jaitley

 Ø  JSPL, Vedanta, Hindalco qualify for third tranche of coal auction 
Ø  Bharti Airtel attempts to steal Reliance Jio’s 4G thunder

 Ø  Foxconn may set up a factory in every Indian state in 10 years: Terry Gou

 Ø  Central Bank of India to raiseRs.3,000 cr capital this fiscal

 Ø  Future Consumer Ent Q1 net loss widens to Rs.32.35 cr

 Ø  FTIL reports loss of Rs.34.15 crore for June quarter

 Financial Express

Financial Chronicle
Ø  Timex Group sees India among top 3 global markets in 5 years

 Ø  Foreign investors infuse Rs 2,200 cr in just 5 trading sessions

 Ø  Telcos initiate steps to curb call drops; submit report to DoT

 Ø  C Rangarajan favours RBI majority in Monetary Policy panel

 Ø   
Ø  PSU players, ICICI Lombard qualify to insure Air India

 Ø  Timex sees India among top 3 global markets in 5 yrs

 Ø  Swiss National Bank hikes exposure to Indian cos

 Ø  Foxconn may pick up stake in Mukta Arts

 Ø  Macro data, CIL, SBI Q1 earnings key for market
Ø  Irdai slaps fines on 3 insurance companies




10/08/2015
SGX Nifty -28 pts (8571) from last trade 8599 , 
Nikkei -32 pts , Hangseng -119 pts , 
Dow -46.37 pts ,Nsdq -12.90 pts , S&P -5.99 pts ,Bovespa --1434 pts, Ftse -28 pts , Dax -94 pts, Cac -37 pts, Crude @ $43.66/brl (-0.48), Brent @ $48.35 (-0.26) , Gold @ $1088.60 (-1.50), Silver @ $14.61 (-0.07), Euro @ $1.0951, JPY @ $124.3800, INR @ $63.8150

 Infy:+1.27%,     Wit: -0.24%
Ttm:+0.91%,    Rdy:+1.13%
Hdb:+0.62%,     Ibn: -0.78% 
SBID: -1.99%,  RIGD:+0.08%
Today's Corporate Action 
10th Aug Ex Date

 BEL1 Final Dividend - Rs. - 23.20
DCM Final Dividend - Rs. - 1.50 LUMAXIND Dividend - Rs. - 5.50 NAGARCON Dividend - Rs. - 0.40 
Topay's Key Result
10th Aug

 Power Grid(Cog Est Net 1398cr +23% Yoy Res Time-During Mkt)

Adani Pow,Chambal Fert, Chennai Petro,Eclerx, Finolex Cable,Garware Wall,Gmdc,Gsfc,Hind Oil, HDIL,India Glycol,Jain Irrig, LMW,Lypsa Gem, Megh Org, Mindteck,Pantaloon Retail, Patel Logistic,Pitti Lam, Radico Khaitan,Rcf,Shirpur Gold,Super Spin, Techno craft,Wockhard,Zenotech Lab







07/08/2015
Economic Times

Business Standard
Ø  Fin ministry to seek cabinet nod for monetary policy panel

 Ø  Govt working on new coal scheme to aid sick discoms

 Ø  Sebi seeks to step up scrutiny of offshore wealth managers: Sources

 Ø  China has spent $147 bn to prop up stocks: Goldman

 Ø  Govt approves proposal to divest NTPC, NHPC stake

 Ø  Govt to set up special notified zone for diamond trade

 Ø  Crisil downgrades Vedanta by one notch to 'AA'

 Ø  Commerce Ministry allows bulk export of rice bran oil
Ø  Private players cry foul over 'unfair' project allotment to BHEL

 Ø  EPFO makes stock market debut through SBI MF

 Ø  Reserving mines for OMC to hurt mineral development: Experts

 Ø  Airtel launches 4G services nationally ahead of Jio

 Ø  ADAG, Maharashtra govt set for a showdown over Mumbai Metro

 Ø  Odisha govt to engage SBI Caps, MSTC for mine auctions

 Ø  Srei Infra plans to scale up acquisition of stressed infra projects

 Business Line

Mint
Ø  NSE lists SBI MF’s Nifty ETF for trade

 Ø  Mozambique eager to build cooperation in agriculture, infrastructure

 Ø  Lok Sabha passes Negotiable Instruments (amendment) Bill

 Ø  RBS raises $3.1 billion through issue of contingent convertible bonds 

 Ø  Another blow for Adani in Australia as bank ends adviser role 

 Ø  Motherson Sumi net profit jumps 62% 
Ø  Aviva Investors opposes Vedanta takeover bid for Cairn India

 Ø  Oil trades close to multi-month lows, Brent below $50

 Ø  US Fed rate hike in sight, but bond markets are quiet

 Ø  Dr. Reddy’s plans more R&D alliances with foreign firms

 Ø  Jharkhand govt stalls Tata Steel’s iron ore disptaches from Noamundi mine

 Ø  Practo raises $90 million from China’s Tencent, others

 Financial Express

Financial Chronicle
Ø  Nomura pegs GDP growth at 8% in FY16; Sensex at 33,500 by December

 Ø  India defers FTA talks after EU bans 700 pharma products of GVK Bio

 Ø  FIIs trim stake in 41 Nifty stocks

 Ø  Jet Airways chairman pitches for reducing aviation fuel prices

 Ø  SRF Records 22% Jump in Consolidated PAT at Rs.113 Crore

 Ø  Rolta bags $15 mn smartcity project in Middle East
Ø  Govt mulls surplus sugar export via barter trade

 Ø  Aviva to hike stake to 49 pc in Indian insurance JV

 Ø  Govt capital infusion in PSBs credit positive: Moody's

 Ø  IRDAI to announce bancassurance norms in three weeks

 Ø  Bajaj Electricals net rises over three-fold at Rs 20.34 crore
Ø  Tata Global Beverages reports lower profit

07/08/2015
Market Update:
Sgx Nifty -35 pts
Dow -120.72 pts ,Nsdq -83.50 pts , S&P -16.23 pts ,Bovespa -275 pts, Ftse -5 pts , Dax -51 pts, Cac -4 pts, Nikkei  -35 pts , now, Crude @ $47.79/brl (+0.13), Brent @ $49.63 (+0.11) , Gold @ $1088.60 (-1.50), Silver @ $14.61 (-0.07), Euro @ $1.0930, JPY @ $124.7100, INR @ $63.7650

Today's Corporate Action 
7th Aug Ex Date
HCLTECH Interim Dividend - Rs. - 5.00 
HINDCOPPER Dividend - Rs. - 0.15 
IGPL Dividend - Rs. - 1.00 INDUSINDBK Dividend - Rs. - 4.00 
JAYBARMARU Dividend - Rs. - 2.00 
JOSTS Dividend - Rs. - 5.00 LICHSGFIN Dividend - Rs. - 5.00 MACPLAS Dividend - Rs. - 1.00 STERTOOLS Interim Dividend - Rs. - 5.00 
VALSON Dividend - Rs. - 1.00 
Topay's Key Result

 7/08/2015

 Bhel(Cog Est Net 194cr -78% Qoq Res Time-During Mkt)
Grasim(Cog Cons Est Net 488cr -4% Qoq Res Time-After Mkt)
M&M(Cog Est Net 745cr -16% Yoy Res Time-During Mkt)
Tata Motors(Cog Cons Est Net 3650cr -32% Yoy Res Time-After Mkt)
Allsec Tech,Amforge Inds, Apar Inds,Aptech,Corp Bank, Cox&King,Dalmia Sug,D-link,Eih Asso,Finolex Inds, Future Retail,Gateway Dist, Gspl,Gulf Oil,Jindal Stainless,MT Educare, Nagar Agri,Neyvile Lig, Ramkrishna Forge, Ratnamani Metal,Repco Home,Rubfila Int,REC, Shilpa Medi,Sunil Hitech, Take Sol,Ttk Health,Uttam Value Steel, Xchanging Sol,Zee Media
Today's Global Data
Aug 7: US Federal discount window borrowings; 0200 IST

 Aug 7: US foreign central bank holdings; 0200 IST

 Aug 7: US money stock measures; 0200 IST

 Aug 7: UK July REC and KPMG report on jobs; 0431 IST

 Aug 7: Japan July international reserves/foreign currency; 0520 IST

 Aug 7: Japan July provisional trade statistics for Jul 1-20; 0520 IST

 Aug 7: Germany June industrial production index; 1130 IST

 Aug 7: Germany June foreign trade; 1130 IST

 Aug 7: UK June trade; 1400 IST

 Aug 7: US July employment report; 1800 IST

 Aug 7: US June consumer credit; 0030 IST
Aug 7: Japan August monetary policy meeting decision.
06/08/2015
Economic Times

Business Standard
Ø  Oz court revokes green nod for Adani’s $7-bn project

 Ø  India to be $5 trillion economy in 10 years

 Ø  PSU banks to raise $17 bn to meet funding needs: FM

 Ø  With crude at $50, oil companies fear deeper crisis than in the 1980s 

 Ø  RBI to facilitate oil payments of $ 6.5 bn to Iran

 Ø  India's exports to Greece fall 15% on debt crisis: Govt

 Ø  Sebi asks cos to make more disclosures about pledged shares
Ø  EPFO to hit stock markets on Thursday

 Ø  Cabinet approves hiving off BSNL tower unit

 Ø  Union Cabinet gives its nod to decentralise shipment of govt cargo

 Ø  India might import 1,000 tonnes of gold in FY16

 Ø  FSSAI trashes all-clear reports to Maggi from Goa, Mysore labs

 Ø  Star exits Balaji; sells 26% stake for Rs 108 cr

 Ø  Only 26% Indian companies have full- time chief compliance officers: survey

 Business Line

Mint
Ø  Govt defers India-EU investment agreement talks

 Ø  Tata Sons to acquire 2.18% in Titan 

 Ø  Cabinet approves direct release of wages to MGNREGA workers 

 Ø  BPCL draws up a roadmap to raise oil refining capacity 

 Ø  Ramco Cements Q1 net up nearly three fold at Rs. 95-cr 
Ø  Airtel to go for basic ADR listing to woo US investors

 Ø  Siemens Q3 net profit jumps 12-fold to Rs168.26 crore

 Ø  India’s services PMI shows modest growth in July

 Ø  Tata Power looking at buying stressed assets: Cyrus Mistry

 Ø  India cancels EU trade talks over ban on GVK Biosciences drugs

 Financial Express

Financial Chronicle
Ø  India will be third largest economy: G P Hinduja

 Ø  FII inflows into equities turn positive in July

 Ø  Inflation, US Fed to decide RBI's next policy move: Brokerages

 Ø  Cognizant Technology revenue, profit beat estimates

 Ø  Tata Steel completes UK business move

 Ø  Marico Q1 net profit up 28% at Rs 238 crore
Ø  RBI can cut rate if inflation stays below 6%: Rajan

 Ø  Sterling & Wilson eyes tapping solar power abroad

 Ø  Deepak Fertilisers seeks to move up the value chain

 Ø  Tata Chemicals Q1 net profit up 13% to Rs 153 cr

 Ø  Mozambique needs greater Indian investment in oil, gas sectors
Ø  Bata to invest Rs 100 cr, sharpens digital focus



06/08/2015
Market Update:
Sgx Nifty +5 pts
Dow -10.22 pts ,Nsdq +34.40 pts , S&P +6.52 pts ,Bovespa +228 pts, Ftse +65 pts , Dax +180 pts, Cac +84 pts, Nikkei  +164 pts , now, Crude @ $45.22/brl (+0.07), Brent @ $49.74 (+0.15) , Gold @ $1083.90 (-1.70), Silver @ $14.56 (+0.01), Euro @ $1.0915, JPY @ $124.8200, INR @ $63.7550
Indian Adr/Gdr
Infy:+2.66%,     Wit:+3.43%
Ttm:+1.25%,    Rdy:+2.54%
Hdb:+0.19%,     Ibn: -0.29% 
SBID:  0.00%,   RIGD:-0.40%

Today's Corporate Action 
6th Aug Ex Date

 7TEC Final Dividend - Rs. - 1.00 AKZOINDIA Dividend - Rs. - 20.00 
AMARAJABAT Dividend - Rs. - 3.61 
CASTROLIND Interim Dividend - Rs. - 4.00 
CHEVIOT Dividend - Rs. - 17.00 CRAVATEX Dividend - Rs. - 2.00 DIVISLAB Dividend - Rs. - 20.00 ELECON Dividend - Rs. - 1.10 GMM Interim Dividend - Rs. - 0.70 
ICRA Dividend - Rs. - 24.00 JBCHEPHARM Dividend - Rs. - 4.00 
JBCHEPHARM Special Dividend - Rs. - 10.00 
MANGLMCEM Dividend - Rs. - 2.00 
MASTEK Final Dividend - Rs. - 1.00 
MRF Interim Dividend - Rs. - 3.00 
MUNJALSHOW Dividend - Rs. - 4.00 
NEULANDLAB Dividend - Rs. - 1.50 
ORBTEXP Final Dividend - Rs. - 2.25 
SARDAEN Dividend - Rs. - 3.00 SHILCTECH Dividend - Rs. - 1.50 
TIPSINDLTD Final Dividend - Rs. - 1.00 
TRITONV Dividend - Rs. - 12.00 UNIABEXAL Dividend - Rs. - 3.00 
VIMTALABS Dividend - Rs. - 1.00


Topay's Key Result
6/08/2015
Aarti Inds,Arvind,Bajaj Elect,Banco,,Bombay Dying,Claris Life,Control Print, Cummins Ind,Deepak Spin, Escorts,Fortis Health, Gareware Poly,Jp Power,Mang Chem, Motherson Sumi, Omaxe, Ofss,Pbm Poly, Piramal Ent,Praj Inds, Srf Ltd, Sundaram Brake, Talwarkar's,Tata Global,Trent, Tulip Star
Today's Global Data
Aug 6: Japan July imported vehicle sales; 0730 IST

 Aug 6: Japan June indexes of business conditions - preliminary release; 1030
IST

 Aug 6: Germany June manufacturing orders; 1130 IST

 Aug 6: UK July halifax house price index; 1230 IST

 Aug 6: UK July monthly car registrations figures; 1330 IST

 Aug 6: Eurozone July Retail purchasing managers' index; 1340 IST

 Aug 6: UK June monthly industrial production figures; 1400 IST

 Aug 6: Germany Jul-Sep Ifo Economic Climate for the Euro Area; 1430 IST

 Aug 6: Bank of England Aug monetary policy committee meeting minutes; 1630
IST

 Aug 6: Bank of England inflation report; 1630 IST

 Aug 6: UK August interest rate decision; 1630 IST

 Aug 6: US July Challenger Job-Cut Report; 1700 IST

 Aug 6: US weekly export sales; 1800 IST

 Aug 6: US unemployment insurance weekly claims report-initial claims for
week ended Aug 1; 1800 IST

 Aug 6: US Bloomberg consumer comfort index; 1915 IST

 Aug 6: UK July NIESR monthly gross domestic product estimates; 1930 IST

 Aug 6: US EIA weekly natural gas storage report for week to Jul 31; 2000 IST

 Aug 6: US July monthly retail chain store sales index; 2130 IST
Aug 6: Bank of Japan August monetary policy meeting


05/08/2015
Economic Times

Business Standard
Ø  Rajan warns of action against banks hiding NPA nos

 Ø  Oil price unlikely to recover as Saudi refining hits market

 Ø  FSSAI-approved lab finds Maggi noodles safe

 Ø  Adani to announce JV worth $5 bn with Foxconn

 Ø  No decision yet on Cairn-Vedanta deal: UIICL

 Ø  I-T Dept searches 20 premises of Claris Lifes ciences
Ø  RBI leaves repo rate unchanged at 7.25%

 Ø  RBI, govt in talks on medium term framework for FPI limit in debt

 Ø  Klesch Group drops plans to buy out Tata Steel unit

 Ø  Coal imports drop by 11% to 19 MT tn in July

 Ø  UK takes 1 billion pounds hit in RBS sell-off

 Ø  AIG profit beats estimates, boosts buyback by $5 billion

 Business Line

Mint
Ø  RBI Governor bats for shifting veto power to monetary policy committee

 Ø  Bharti Airtel Q1 net up at Rs 1,554 cr

 Ø  US restores duty benefits to Indian exporters

 Ø  No plan to hike duty on petroleum products: Pradhan

 Ø  Over 3,500 tonnes plastic waste generated daily 

 Ø  Finance Minister moves Cabinet note on gold monetisation scheme
Ø  Govt may raise Rs 40,000 crore via bonds from LIC

 Ø  Thomson re-entering India market after 11 years

 Ø  Sunteck Realty keen to buy distressed assets from rivals

 Ø  Jay Shree Tea to sell sugar and fertilizer businesses

 Ø  Sony to start manufacturing Bravia TVs in Tamil Nadu

 Ø  Birla in talks with PE firms to sell insulator unit

 Financial Express

Financial Chronicle
Ø  Monsoon, US Federal Reserve impact next trigger for rate cuts: Moody's

 Ø  Govt mulls selling 3 per cent stake in GAIL to raise Rs 1,800 crore

 Ø  Reliance Media Works concludes multiplex sale, debt cut by Rs 700 crore

 Ø  Steel shares jump on likely import duty hike

 Ø  Vedanta Resources bets on India for future growth
Ø  Rajan links more easing to lower bank rates, monsoon, inflation

 Ø  RBI may cut interest rates before next policy: Rajan

 Ø  CCI charges SMTB with violating competition norms

 Ø  SC defers hearing, FIIs wait gets longer on MAT clarity

 Ø  China footwear biz shrinks, India gets a foot in the door
Ø  Arcelor Mittal expects India to be active on M&A in steel, mine




05/08/2015
Market Update:
Sgx Nifty +3 pts
Dow -47.51 pts ,Nsdq -9.84 pts , S&P -4.72 pts ,Bovespa -79 pts, Ftse -2 pts , Dax +12 pts, Cac -8 pts, Nikkei  -2 pts , now, Crude @ $45.89/brl (+0.15), Brent @ $50.12 (+0.13) , Gold @ $1086.00 (-4.70), Silver @ $14.53 (-0.03), Euro @ $1.0874, JPY @ $124.3200, INR @ $63.7525

Today's Corporate Action 
5th Aug Ex Date
AARTIDRUGS Final Dividend - Rs. - 3.00 
ABCBEARS Dividend - Rs. - 2.00 ANUHPHR Bonus issue 2:1 BANARBEADS Dividend - Rs. - 1.0000
EVEREADY Interim Dividend - Rs. - 1.00 
GODREJCP Interim Dividend - Rs. - 1.00 
GRANULES Final Dividend - Rs. - 0.50 
GRANULES Interim Dividend - Rs. - 0.15 
INDAG Final Dividend - Rs. - 1.50 IVC 
Dividend - Rs. - 1.30 
KANPRPLA Dividend - Rs. - 1.20 LAKSELEC Dividend - Rs. - 7.00 MADHAV Dividend - Rs. - 1.50 MANUGRAPH Dividend - Rs. - 0.50 
NATFIT Dividend - Rs. - 1.00 PAGEIND Final Dividend - Rs. - 20.00 
RAJPALAYAM Dividend - Rs. - 2.50 
TVTODAY Dividend - Rs. - 1.50 VHL Dividend - Rs. - 3.00 EVEREADY Interim Dividend - Rs. - 1.00 
GODREJCP Interim Dividend - Rs. - 1.00 
GRANULES Final Dividend - Rs. - 0.50 
GRANULES Interim Dividend - Rs. - 0.15 
INDAG Final Dividend - Rs. - 1.50 
IVC Dividend - Rs. - 1.30 KANPRPLA Dividend - Rs. - 1.20 LAKSELEC Dividend - Rs. - 7.00 MADHAV Dividend - Rs. - 1.50 MANUGRAPH Dividend - Rs. - 0.50 
NATFIT Dividend - Rs. - 1.00 PAGEIND Final Dividend - Rs. - 20.00 
RAJPALAYAM Dividend - Rs. - 2.50 
TVTODAY Dividend - Rs. - 1.50 VHL Dividend - Rs. - 3.00 
VTL Dividend - Rs. - 10.00
Topay's Key Result
5th Aug

 Accelya Kale,Asahi India, Auto Axles,Bata India, Bengal&Assam,Bombay Burmah,Brigade Ent,Camlin Fine,Can Bank,Deepak Fert,Fdc,Glaxo Smith Cons,IGL,Jb Chem,Marico, Mercator,Mah Seam,Manali Petro,Nahar Spin,Ndtv, Parshvanath Dev,Prism Cem,Ptc Ind,Shree Cem,Siemens,Snowman Log,Sonata Soft,Stampede Cap,Tata Chem,Tree House,Uflex,Vardhman Tex

Today's Global Data
Aug 5: US API weekly statistical bulletin for week ended Jul 31; 0200 IST

 Aug 5: UK national institute economic review; 0431 IST

 Aug 5: UK July shop price index; 0431 IST

 Aug 5: Japan July Services purchasing mangers' index; 0705 IST

 Aug 5: ECB governing council non-monetary policy meet; 1230 IST

 Aug 5: Germany July services purchasing mangers' index; 1325 IST

 Aug 5: Eurozone July services purchasing mangers' index; 1330 IST

 Aug 5: UK July official reserves; 1400 IST

 Aug 5: UK July CIPS/Markit services purchasing mangers' index; 1400 IST

 Aug 5: UK July narrow money (notes and coin) and reserve balances; 1400 IST

 Aug 5: Eurozone June retail trade; 1430 IST

 Aug 5: US MBA weekly mortgage applications survey for week to Jul 31; 1630
IST

 Aug 5: US July ADP national employment report; 1745 IST

 Aug 5: US June international trade in goods and services; 1800 IST

 Aug 5: US Department of the Treasury's quarterly refunding; 1830 IST

 Aug 5: US July services purchasing mangers' index; 1915 IST

 Aug 5: US July online help wanted index; 1930 IST

 Aug 5: US July ISM non-manufacturing report on business; 1930 IST

 Aug 5: US EIA weekly petroleum status report for week ended Jul 31; 2000 IST
Aug 5: US July global services purchasing mangers' index; 2030 IST

04/08/2015
EARNINGS: Bloomberg Est

  * Bharti Airtel        - 1Q, Est. 13.6b rupees (23
   analysts)
 * Hexaware Technologies   - 2Q, Est. 1.04b rupees (15)
 * Britannia Industries    - 1Q, Est. 1.56b rupees (14)
 * Godrej Properties       - 1Q, Est. 500m rupees (9)
 * Entertainment Network   - 1Q, Est. 260m rupees (6)
 * JK Tyre & Industries    - 1Q, Est. 990m rupees (6)
 * EIH                     - 1Q, Est. 99.5m rupees (4)
 * Capital First           - 1Q, Est. 353m rupees (3)
 * Clariant Chemicals (I), Hinduja Ventures, AstraZeneca Pharma
   (I), Torrent Power, TV Today Network, EID Parry India,

   Future Lifestyle Fashion, Peninsula Land

04/08/2015
Economic Times

Business Standard

 Ø  Finance ministry, RBI agree on monetary policy panel

 Ø  S&P lowers outlook on EU to negative from stable

 Ø  Land Bill: Panel agrees to withdraw 6 amendments

 Ø  Rating agency ARC ratings affirms 'BBB+' rating on India

 Ø  Greece's battered economy threatens to sink further

 Ø  90,000 acres land acquired for Polavaram irrigation project

 Ø  NTPC to reduce dependence on fossil fuels to 56%

Ø  Hero MotoCorp Q1 net up 33% at Rs 750 cr

 Ø  'India could be topmost gainer with lifting of sanctions in Iran'

 Ø  FTIL proposes to loan Rs 50 cr to NSEL

 Ø  BSE puts off multi-legged order facility indefinitely

 Ø  Sundaram Finance to sell its 49% stake in BNP Paribas Sundaram Global Securities

 Ø  MF inflow in equity markets drop by 58% to Rs 4,300 cr in July

 Business Line

Mint

 Ø   Airtel acquires YTS for mobile payment solutions

 Ø  FinMin to give Rs. 1,300 cr kerosene subsidy 

 Ø  Punj Lloyd bags Rs. 477-cr tankage order 

 Ø  Euro slips as Greek stocks tumble; investors await key US data

 Ø  First advance pricing agreement with rollback facility signed

 Ø   Dr Reddy’s domestic business strategy pays rich dividends 

Ø  RBI may opt for status quo on policy rate

 Ø  CSIR prevents UK company from patenting ancient hair loss formula

 Ø  Sebi seeks fresh clarifications on IndiGo IPO

 Ø  Mudra sanctions loans of Rs240 crore to MFIs

 Ø  Biocon gears up for US generics push

 Ø  HCL Tech Q4 profit drops 2.8% to Rs1,783 crore

 Financial Express

Financial Chronicle

 Ø  Sensex closes 72 points up, banking stocks rally; Nifty settles at 8,543

 Ø  E-commerce rakes up $2.68 tn in China despite slowdown

 Ø  Bajaj Auto sales inch up 3% in July

 Ø  Bharat Forge Q1 net grows 34.7% to Rs 195.32 cr

 Ø  UAE company gets Supertech’s Rs 500 cr Gurgaon contract

Ø  Indian Bank revises FCNR(B) interest rates

 Ø  United Bank Q1 net profit slips 20%

 Ø  HSBC unit hikes stake in Ceat to 5.64% with off mkt purchase

 Ø  BGR Energy revenues jump 41% in Q1

 Ø  HFCL Q1 net profit jumps 62% to Rs 112 cr
Ø  JK Cements Q1 Net nosedives over 99% to Rs 16 lakh



04/08/2015
Today's Global Data
Aug 4: US July domestic auto industry sales; 0130 IST

 Aug 4: Japan July monetary base; 0520 IST

 Aug 4: UK July Nationwide house price index; 1130 IST

 Aug 4: UK July CIPS/Markit construction purchasing mangers' index; 1400 IST

 Aug 4: Eurozone June producer price index; 1430 IST

 Aug 4: US Retail Economist/Goldman Sachs chain store sales index for week
 ended Aug 1; 1715 IST

 Aug 4: US Johnson Redbook Retail Sales Index for week ended Aug 1: 1825 IST

 Aug 4: US July ISM-NY report on business; 1915 IST

 Aug 4: US June manufacturers' shipments, inventories and orders (M3); 1930
IST

 Aug 4: US August IBD/TIPP Economic Optimism Index; 1930 IST

 Aug 4: US government financial agencies to hold outreach meeting on reviewing their regulations; 1930 IST
Aug 4: Japan June provisional labour survey

04/08/2015
Market Update:
Sgx Nifty -6 pts
Dow -91.66 pts ,Nsdq -12.90 pts , S&P -5.80 pts ,Bovespa -726 pts, Ftse -7 pts , Dax +134 pts, Cac +37 pts, Nikkei  -51 pts , now, Crude @ $45.47/brl (+0.30), Brent @ $49.87 (+0.35) , Gold @ $1083.00 (-6.40), Silver @ $14.44 (-0.07), Euro @ $1.0935, JPY @ $124.0700, INR @ $64.0437
Indian Adr/Gdr
Infy:+0.30%,       Wit: -0.73%
Ttm:+0.07%,     Rdy:+1.32%
Hdb:+0.80%,      Ibn:+3.08% 
SBID:+7.84%,  RIGD:+0.05%
Today's Corporate Action 
4th Aug Ex Date
APOLLOTYRE Dividend - Rs. - 2.00 
GESHIP Final Dividend - Rs. - 7.00 
HIKAL Final Dividend - Rs. - 0.50 
HONDAPOWER Dividend - Rs. - 6.00 
IDBI Dividend - Rs. - 0.75 
KAIRA Dividend - Rs. - 5.00 
KCP Dividend - Rs. - 0.75 MAFATIND Dividend - Rs. - 3.00 
MULTIIN Dividend - Rs. - 0.20 
PAUSHAKLTD Dividend - Rs. - 3.00 
REPRO Final Dividend - Rs. - 10.00 
SEAMECLTD Dividend - Rs. - 1.00 
SHASUNPHAR Interim Dividend - Rs. - 1.00 
SHRENUJ Final Dividend - Rs. - 0.20 
SHREYANIND Dividend - Rs. - 1.20 
SUPER Dividend - Rs. - 2.50
VSTIND Final Dividend - Rs. - 70.00 
WIREFABR Dividend - Rs. - 1.80 
WONDERLA Final Dividend - Rs. - 1.50


 Today's Key Result
4th Aug

 Bharti Artl(Cog Cons Est Net 1401cr +26% Yoy Res Time-After Mkt)
Astra Zen,Britania,Capital First,Dion Global,Eid Parry,EIH ltd,Future Life, Godrej Prop,Grindwell Nort,Hexaware, Hinduja Ven,Jayshree Tea,Jk Tyre,Kesar Ent,MM Forg,M ultibase,Noida Toll, Peninsula Land,Sundaram Clay,Tamil Petro,Torrent Pow,Tv Today

 Today's Data Alert
4th Aug

Rbi Monetary Policy



03/08/2015

 EARNINGS: Bloomberg Est

 * HCL Technologies -- 4Q, Est. 18.3b (32 analysts) GROUP
* Hero MotoCorp -- 1Q, Est. 6.79b (37 analysts)
* Bharat Forge -- 1Q, Est. 1.91b (20 analysts)
* Berger Paints -- 1Q, Est. 721m (10 analysts) GROUP
* Aban Offshore -- 1Q, Est. 1.58b (5 analysts) GROUP
* BGR Energy -- 1Q, Est. 83m (4 analysts)
* Monsanto India -- 1Q, Est. 742.5m (4 analysts)
* Carborundum Universal -- 1Q, Est. 344m (4 analysts) GROUP

* Indiabulls Real -- 1Q, Est. 861m (3 analysts) GROUP




03/08/2015
Economic Times

Business Standard

 Ø  'Sebi will not change rules on P-notes in a hurry'

 Ø  Birla Group bets big on disruptive ideas, lines up $10 million investment corpus

 Ø  LIC nets 15% gains from equity play at Rs 24,373 cr in FY15 

 Ø  UTI MF crosses Rs 1-trillion mark; eyes leadership slots

 Ø  USFDA import alert on some Himalaya Drug Co prods

 Ø  India's CAD likely to widen in June quarter: DBS

Ø  Top 10 FPIs' stake in Indian equities at Rs 1.8 lakh crore

 Ø  Competition Commission set for sweeping powers under IFC

 Ø  Govt announces highway projects worth $93 bn to woo investors

 Ø  Govt may import 210 mn tonnes of coal in 2015-16

 Ø  Power sector players bet on acquisition of stressed assets

 Ø  Nokia set to roll out MTNL network expansion plan

 Business Line

Mint

 Ø  EPFO to start investing in equity markets through ETFs on August 6

 Ø  Henkel brands giving Jyothy Labs a leg up 

 Ø  ITC chief hits out at anti-tobacco lobby, says taxes hurting 

 Ø  Emirates looks to buy 70 wide-body planes to replace aging aircraft 

 Ø  CBDT notifies ITR forms for companies, firms 

Ø  RBI may opt for status quo on policy rate

 Ø  Maruti Suzuki sales jump 22% in July

 Ø  Short term reprieve for public sector banks

 Ø  Hero MotoCorp sales fall 7.97% in July

 Ø  Hong Kong fines SBI for anti money-laundering lapses

 Ø  Parliament panel pitches for regulations for mobile towers

 Financial Express

Financial Chronicle

 Ø  Eyes on banks as Greek stock exchange to reopen

 Ø  Drop spectrum caps in new sharing guidelines: Airtel

 Ø  Bharti Airtel to add 1,000 company owned stores by December

 Ø  Not enamoured by size of corporates committing crimes: Sebi's U K Sinha

 Ø  Tata Coffee eyes premium specialty coffee player tag

Ø  GST a Cong Bill, party's negativism hurting economy: Jaitley

 Ø  FIs keen on India, need policy stability: Rothschild

 Ø  Bring brand ambassadors under consumer law: CAIT

 Ø  Insurers now offer covers for Ayush treatments too

 Ø  GREX offers trading platform for unlisted firms, startups
Ø  Magma Fincorp reports 2% rise in Q1 profit

03/08/2015
Market Update:
Sgx Nifty +13 pts
Dow -56.12 pts ,Nsdq +0.50 pts , S&P -4.79 pts ,Bovespa +967 pts, Ftse +27 pts , Dax +51 pts, Cac +36 pts, Nikkei  -70 pts , now, Crude @ $46.83/brl (-0.29), Brent @ $51.81 (-0.40) , Gold @ $1092.50 (-2.60), Silver @ $14.10 (-0.05), Euro @ $1.0976, JPY @ $124.0800, INR @ $64.1362
Indian Adr/Gdr
Infy: -0.24%,       Wit:+0.82%
Ttm:+0.75%,     Rdy:+3.79%
Hdb:+1.17%,      Ibn:+4.90% 
SBID: -0.05%,  RIGD:+0.84%

Today's Corporate Action 
3rd Aug Ex Date
ALEMBICLTD Dividend - Rs. - 0.15 
ASTRAL Final Dividend - Rs. - 0.2250 
BAYERCROP Buy Back of Shares 
CEATLTD Dividend - Rs. - 10.00 CENTUM Final Dividend - Rs. - 2.00 
DHUNTEAIND Dividend - Rs. - 7.50 
EIMCOELECO Dividend - Rs. - 5.00 
ESABINDIA Dividend - Rs. - 1.00 
GRAPHITE Dividend - Rs. - 2.00 INFRATEL Final Dividend - Rs. - 6.50 
MINDTECK Dividend - Rs. - 1.00 RANEHOLDIN Dividend - Rs. - 7.50 
SAKUMA Dividend - Rs. - 1.00 STANROS Dividend - Rs. - 6.00 TALBROSENG Dividend - Rs. - 6.00 
VSTTILLERS Dividend - Rs. - 15.00 

Topay's Key Result
3rd Aug

 Hcl Tech(Cog Cons Est Net 1819cr -1% Yoy)
Hero Mot(Cog Est Net 682cr +11% Yoy)

3m India,Aban Off,Adlab, Atul Auto,Berger Paint,Bgr Energy, Bharat Forge, Ibrealest,Indo Count,Lkp Fin,Mcleod Rus,Mro-Tek, Nitco,Styro Abs, Talbros, Tnpl,Vesuvius,V-Guard, Williamsom Mag

31/07/2015

 EARNINGS: Bloomberg Est

  * ICICI Bank               - 1Q, Est. 29.2b rupees (30
   analysts)
 * Larsen & Toubro group    - 1Q, Est. 8.92b rupees (13)
 * GlaxoSmithkline Pharmaceuticals - 1Q, Est. 1.23b rupees (7)
 * Sun TV Network           - 1Q, Est. 1.87b rupees (13)
 * Titan Co.                - 1Q, Est. 1.96b rupees (20)
 * CESC                     - 1Q, Est. 1.64b rupees (18)
 * Karur Vysya Bank         - 1Q, Est. 1.23b rupees (12)
 * Alembic Pharmaceuticals  - 1Q, Est. 938m rupees (9)
 * Raymond                  - 1Q, Est. -185m rupees (6)
 * Shriram Transport Finance - 1Q, Est. 3.29b rupees (19)
 * Shoppers Stop            - 1Q, Est. 33m rupees (5)
 * Sundaram Finance         - 1Q, Est. 1.17b rupees (4)
 * Cholamandalam Investment - 1Q, Est. 1.22b rupees (9)
 * Mahindra Lifespace Dev.  - 1Q, Est. 300m rupees (5)

 * Suzlon Energy, Religare Enterprises, Archies, Godfrey
31/07/2015
Economic Times

Business Standard
Ø  CAG spots Rs 9,034-crore financial lapses by PSUs

 Ø  Govt notifies norms for composite cap on FDI

 Ø  US economy posts solid 2.3 per cent growth rate in Q2

 Ø  'Chinese economy facing issues but functioning well'

 Ø  Blackstone sells stake in Agile including Tata unit

 Ø  DRI detects 470 cases of misuse of export incentives

 Ø  BofA-ML flags downside risk to $15 billion FPI inflow forecast
Ø  No govt nod needed for 49% FPI in most sectors

 Ø  Moody's expects RBI to cut rate to boost growth

 Ø  Sebi probing UBS on round-tripping

 Ø  RPower takes govt to court on Chhatrasal coal block cancellation

 Ø  Dr Reddy's Q1 net profit up 14% at Rs 625 cr

 Ø   '82% of global Letters of Credit transactions are flawed'

 Business Line

Mint
Ø  US jobless claims increase, but still near cycle lows

 Ø  Good investment opportunity in equities: Sinha

 Ø  Production stabilising at new units of Vizag Steel Plant: CMD 

 Ø  IOC wants more of Cairn’s Rajasthan oil, but at ‘good price’

 Ø  Essar Steel aims to be Flipkart of building biz 

 Ø  Gold set for biggest slump on Fed rate outlook 
Ø  ITC Q1 net profit up 3.6%; agri business, cigarettes pull revenue down by 7%

 Ø  BNP Paribas to buy retail brokerage Sharekhan for Rs2,200 crore

 Ø  Foreign investment in AIFs to help start-ups, SMEs, infrastructure firms

 Ø  Bank of Baroda Q1 profit drops 23% on higher provisioning

 Ø  Oriental Bank of Commerce Q1 profit drops 29%

 Financial Express

Financial Chronicle
Ø  Not seeking refinancing under RBI's 5/25 scheme: Hindalco

 Ø  CAG spots Rs 9,034-cr financial lapses by various PSUs, including ONGC, NTC

 Ø  CG to Support Smart Grid Deployment in Portugal

 Ø  JSW Steel gets shareholders nod to raise up to Rs 14,000 cr

 Ø  Tata Starbucks, Kellogg, McCain fail to get FSSAI approval

 Ø  Kingfisher Airlines caused Rs 290 cr loss to AAI, says CAG
Ø  Even hallmarked jewellery vary in purity: WGC

 Ø  Fund raising via retail NCDs slumps 85%

 Ø  Glenmark Q1 net profit up 3.29% at Rs 191 cr

 Ø  HCC Q1 profit plunges 70% to Rs 8 cr

 Ø  LIC trims stake in Maruti to 6.22 per cent
Ø  Mutual funds go slow on equity investments in July



31/07/2015
Market Update:
Sgx Nifty +26 pts
Dow -5.41 pts ,Nsdq +17.05 pts , S&P +0.06 pts ,Bovespa -347 pts, Ftse +37 pts , Dax +45 pts, Cac +28 pts, Nikkei  -10 pts , now, Crude @ $48.51/brl (-0.01), Brent @ $53.44 (+0.13) , Gold @ $1087.80 (-0.60), Silver @ $14.69 (-0.01), Euro @ $1.0939, JPY @ $124.000, INR @ $64.0412
Today's Corporate Action 
31st July Ex Date
ADANIENT Final Dividend - Rs. - 1.40 
ALANKIT Dividend - Rs. - 1.00 ALLCARGO Final Dividend - Rs. - 1.40 
AMBUJACEM Interim Dividend - Rs. - 1.60 
ELCIDIN Dividend - Rs. - 10.00 EMAMIPAP Dividend - Rs. - 0.60 FULFORD Final Dividend - Rs. - 1.50 
GODREJIND Final Dividend - Rs. - 1.75 
HERCULES Dividend - Rs. - 1.50 LAXMIMACH Dividend - Rs. - 37.50 
MODISNME Dividend - Rs. - 0.75 
POKARNA Dividend - Rs. - 3.00 RAJGLOWIR Dividend - Rs. - 1.00 
SAHYADRI Dividend - Rs. - 1.50 TATACHEM Dividend - Rs. - 10.00 
TATACHEM Special Dividend - Rs. - 2.50 
TATASPONGE Dividend - Rs. - 10.00 
TRITURBINE Final Dividend - Rs. - 0.60 
WPIL Dividend - Rs. - 2.00 

Topay's Key Result
31st July

 L&T(Cog Cons Est Net 579cr -40% Yoy Res Time-During Mkt)
Icici Bank(Cog Est Net 2926cr +10% Res Time-During Mkt)
Agri Tech,Alembic Pharma,Apcotex Inds, Archies,Auto Corp Goa, Bharat Gears, Cesc,Dai Chi Kar,Elgi Equip,Force Motor,Glaxo Pharma, Godfrey Phillip,Jbf Inds, Karur Vysya,Lloyd Metal, Munjal Showa, Mrudeshwar Cer,Nath Pulp,Phillip Carbon,Rane Madras, Raymond,Religare Ent,Shopper Stop,Shriram Transp,Sun Tv,Suzlon, Titan,Uttam Galva
Today's Global Data
Jul 31: US July agricultural prices; 0030 IST

 Jul 31: US money stock measures; 0200 IST

 Jul 31: US federal discount window borrowings; 0200 IST

 Jul 31: US foreign central bank holdings; 0200 IST

 Jul 31: UK July CBI growth indicator survey; 0431 IST

 Jul 31: UK July consumer confidence survey; 0435 IST

 Jul 31: Japan June household spending; 0500 IST

 Jul 31: Japan June labour force survey; 0500 IST

 Jul 31: Japan June CPI, CPI ex-food; 0500 IST

 Jul 31: Japan June CPI (Tokyo), CPI ex-food (Tokyo); 0500 IST

 Jul 31: Japan June petroleum statistics preliminary report; 1000 IST

 Jul 31: Japan June construction orders; 1030 IST

 Jul 31: Japan June housing starts; 1030 IST

 Jul 31: Germany June retail trade; 1130 IST

 Jul 31: European Union July EuroCOIN indicator of economic activity; 1300
IST

 Jul 31: European Union July inflation flash estimate; 1430 IST

 Jul 31: European Union June unemployment; 1430 IST

 Jul 31: US Apr-Jun employment cost index; 1800 IST

 Jul 31: US July ISM-Chicago business survey; 1915 IST

 Jul 31: US July University of Michigan final consumer survey; 1930
Jul 31: Trans-Pacific Partnership ministers meeting ends


30/07/2015
Bloomberg EARNINGS ESTIMATES:

   * ITC                      - 1Q, Est. 23.3b rupees (27)
  * NTPC                     - 1Q, Est. 21.2b rupees (21)
  * Dr. Reddy’s Laboratories - 1Q, Est. 5.54b rupees (28)
  * Bank of Baroda           - 1Q, Est. 8.84b rupees (33)
  * Kotak Mahindra Bank      - 1Q, Est. 8.26b rupees (5)
  * Colgate Palmolive India  - 1Q, Est. 1.56b rupees (29)
  * IDFC                     - 1Q, Est. 3.74b rupees (12)
  * Petronet LNG             - 1Q, Est. 1.61b rupees (28)
  * Glenmark Pharmaceuticals - 1Q, Est. 2.08b rupees (18)
  * Exide Industries         - 1Q, Est. 1.85b rupees (24)
  * IPCA Laboratories        - 1Q, Est. 498m rupees (21)
  * Jyothy Laboratories      - 1Q, Est. 561m rupees (8)
  * Oriental Bank of Commerce - 1Q, Est. 2.39b rupees (10)
  * Gujarat Pipavav Port     - 1Q, Est. 981m rupees (16)
  * SJVN                     - 1Q, Est. 4.12b rupees (3)
  * Vijaya Bank              - 1Q, Est. 1.41b rupees (3)
  * Hindustan Construction   - 1Q, Est. 100m rupees (3)
  * Strides Arcolab          - 1Q, Est. 450m rupees (3)
  * Kansai Nerolac Paints    - 1Q, Est. 850m rupees (6)
  * NCC                      - 1Q, Est. 236m rupees (7)
  * Dena Bank, Shasun Pharmaceuticals, Thomas Cook India, JM
    Financial, GATI, Essel Propack, Satate Bank of Mysore,

    Kokuyo Camlin, Tata Teleservices (Maharashtra)

30/07/2015
moneycontrol.com

 News

 SENSEX

 27563.43  104.2 (0.38%)

 NIFTY

 8375.05  38.05 (0.46%)

 News 

 Stocks in news: Vedanta, ITC, Sterlite Tech, Nestle, Kotak

 30 Jul 2015 08:18 AM

 Share:     

 

 Font Resize: A A

 Here are stocks that are in news today:

 NTPC to sign fresh power purchase pacts with existing customers (ET)
To bundle solar power with thermal

 Hindalco seeks 5/25 protection (FE)
In talks to refinance loans worth `7000 cr

 Vedanta Q1:
Cons Net Profit At `866 Cr Vs `375 Cr (YoY) 
Cons Total Income Down 1% At `17,017 Cr Vs `17,136.7 Cr (YoY)
Cons EBITDA Down 28.7% At `3,992 Cr Vs `5,602 Cr (YoY) 
Cons EBITDA Margin At 23.5% Vs 32.7% (YoY) 
Cons Other Income At `893.4 Cr Vs `1,210 Cr (YoY) 
Cons Forex Gain At `254.6 Cr Vs `141.4 Cr (YoY) 
Vedanta Says
Remain On Track To Restart Iron Ore Production At Goa Following Monsoon 
Vedanta CEO Says 
Still On Course To Meet Capex Of About $1 Bn For FY16
Continue To Work Through Regulatory Nod Process For Cairn India Merger 

 JSW Steel Q1
Cons Net Loss At `107 Cr Vs Profit Of `656 Cr (YoY)
Cons Total Income At `11,576.2 Cr Vs `13,254 Cr (YoY)
Cons Operating Profit At `1,627 Cr Vs 2,611.7 (YoY)
Cons Operating Margin At 14.1% Vs 19.7% (YoY)

 JSW Steel Says
Domestic Steel Industry Struggling With High Inventories
Strategically Increased Domestic Sales & Reduced Export Sales
Q1 Saleable Steel Volume Up 8% At 3.11 mt Vs 2.88 mt (YoY)
Have Increased Proportion Of Value Added Products
Realisations Have Got Hit Owing To Low Steel Prices

 JSW Steel To CNBC-TV18
Expect H2FY16 To Be Better Than First Half 
Expect Pricing & Supply Situation To Stabilise Post Monsoon 
High Imports From Foreign Mkts Significantly Hit Overall Sales Performance
Govt Working To Arrest Imports From Markets Like China, Korea
Not Shifting But Increasing Focus On Domestic Market 
Demand In Some Regions In Domestic Market Remains Robust
Will Increase Focus On Domestic Retail Market In North & South
Working On A Detailed Plan To Refinance &Being Down Costs 
Increasing Capacity Of Long Product In Domestic Market 
Will Balance The Product Mix Between Long & Flat Products

 Nestle India Q2 
Net Loss At `64.4 Cr Vs Profit Of `287.9 Cr (YoY)
One-time Loss Of `451.7 Cr 
Total Income Down 19.5% At `1,957 Cr Vs `2,432 Cr (YoY)
EBITDA Down 22.2% At `395 Cr Vs `507 Cr (YoY)
EBITDA Margin At 20.2% Vs 20.9% (YoY)
Nestle India Says Net Sales Worth `288.4 Cr Reversed In Q1 Due To Withdrawal Of Maggi From Market
Nestle India Appoints Suresh Narayanan As MD w.e.f August 1

 Nestle India MD Says 
Q1 Has Been Extremely Challenging For Co 
Would Like To Reassure Consumers That Co’s Products Are Safe
Making All Efforts & Will Continue To Engage With Authorities To Bring Maggi Noodles Back On The Shelves

 NHPC Q1 
Net Profit Up 24.5% At `767.2 Cr Vs `616 Cr (YoY)
Net Sales Down 2.4% At `1,986 Cr Vs `2,034 Cr(YoY) 
EBITDA Down 5% At `1,231 Cr Vs `1,296 Cr (YoY) 
EBITDA Margin At 62% Vs 63.7% (YoY)

 Essar Oil Q1
Net Profit Up 53.8% At `1,063 Cr Vs `691 Cr (YoY)
GRM At $11.05/bbl Vs $9.04/bbl (YoY)
Total Income Down 34.3% At `16,340 Cr Vs `24,855 Cr (YoY)
EBITDA Up 29.6% At `1,802 Cr Vs `1,390 Cr (YoY)
EBITDA Margin At 11% Vs 5.6% (YoY) 
Raw Materials' Cost Down 39.9% At `13,406 Cr Vs `22,298 Cr

 Butterfly Gandhimathi Q1
Net Profit At `4.2 Cr Vs `0.2 Cr (YoY)
Total Income At `234.4 Cr Vs `107.7 Cr (YoY)

 Navin Fluorine Q1
Net Profit At `18.1 Cr Vs `8.5 Cr (YoY)
Total Income Up 15.7% At `150.4 Cr Vs `130 Cr (YoY)

 WABCO India Q1
Net Profit Up 54.7% At `47.5 Cr Vs `30.7 Cr (YoY)
Total Income Up 19% At `385 Cr Vs `323.6 Cr (YoY)

 Hikal Q1
Net profit Down 68.4% At `1.8 Cr Vs `5.7 Cr (YoY)
Net Sales Up 0.6% At `191.5 Cr Vs `190.4 Cr (YoY)

 Blue Dart Q1
Net Profit Up 33.3% At `45.6 Cr Vs `34.2 Cr (YoY)
TotalIncome Up 17.6% At `619.6 Cr Vs `527 Cr (YoY)
EBITDA Up 41.3% At `81 Cr Vs `57 Cr (YoY)
EBITDA Margin At 13% Vs 10.8% (YoY)

 Excel Crop Care Q1
Net Profit Down 5.1% At `31.5 Cr Vs `33.2 Cr (YoY)
Total Income Down 12.4% At `289.9 Cr Vs `331 Cr (YoY) 

 Sagar Cements Q1
Net Profit At `22.7 Cr Vs Loss Of `8.6 Cr (YoY)
Total Income Up 44% At `194.7 Cr Vs `135.2 Cr (YoY)

 Mphasis Q1
Cons Net Profit Down 12% At `156.3 Cr Vs `177.7 Cr (QoQ) 
Cons Rupee Revenue Up 4.7% At `1,496.4 Cr Vs `1,429 Cr (QoQ) 
Cons EBIT Up 6.4% At `190 Cr Vs `178 Cr (QoQ) 
Cons EBIT Margin At 12.7% Vs 12.5% (QoQ)

 Advanta Q1 
Cons Net Profit Up 39.5% At `21.2 Cr Vs `15.2 Cr (YoY)

Cons Total Income Down 3.9% At `306 Cr Vs `318.3 Cr (YoY)





30/07/2015
Market Update:
Sgx Nifty +8 pts
Dow +121.12 pts ,Nsdq +22.53 pts , S&P +15.32 pts ,Bovespa +643 pts, Ftse +75 pts , Dax +37 pts, Cac +40 pts, Nikkei  +211 pts , now, Crude @ $47.80/brl (-0.18), Brent @ $53.06 (-0.24) , Gold @ $1095.80 (+3.20), Silver @ $14.80 (+0.06), Euro @ $1.065, JPY @ $124.008, INR @ $63.9050
Indian Adr/Gdr
Infy:+0.41%,      Wit:+0.82%
Ttm:+1.25%,     Rdy: -1.91%
Hdb:+0.16%,      Ibn: -1.27% 
SBID: -4.88%,  RIGD: -1.28%

Today's Corporate Action 
30th July Ex Date

 ABHIIND Interim Dividend - Rs. - 0.30 
APARINDS Final Dividend - Rs. - 3.50 
APOLLOHOSP Dividend - Rs. - 5.75 
ARIHCAPM Dividend - Rs. - 0.75 ARVIND Dividend - Rs. - 2.55 AUTOAXLES Final Dividend - Rs. - 1.00 
AVANTI Dividend - Rs. - 27.500 
BENGALT Dividend - Rs. - 0.50 
BHAGCHEM Dividend - Rs. - 1.00 
BLOOM Dividend - Rs. - 0.60 
BOMDYEING Dividend - Rs. - 0.80 
CADILAHC Dividend - Rs. - 12.00 
COSMOFILMS Dividend - Rs. - 3.50 
CUMMINSIND Final Dividend - Rs. - 9.00 
DEEPAKNI Dividend - Rs. - 1.00 
FINCABLES Dividend - Rs. - 1.80 
FOSECOIND Interim Dividend - Rs. - 8.00 
GRAVITA Final Dividend - Rs. - 0.20 
GREAVESCOT Final Dividend - Rs. - 1.10 
IBULHSGFIN Interim Dividend - Rs. - 9.00 
IBVENTURES Interim Dividend - Rs. - 1.00 
ISGEC Final Dividend - Rs. - 10.00 
IVP Dividend - Rs. - 2.00 KAKATCEM Dividend - Rs. - 2.70 
KIRLOSENG Final Dividend - Rs. - 5.00 
LAOPALA Dividend - Rs. - 1.30 
MINDAIND Final Dividend - Rs. - 3.50 
MOTILALOFS Final Dividend - Rs. - 1.00 
MPSLTD Interim Dividend - Rs. - 7.00 
MTEDUCARE Final Dividend - Rs. - 2.05 
NELCAST Final Dividend - Rs. - 0.70 
PTL Dividend - Rs. - 1.00 SALZER Dividend - Rs. - 1.50 SIRCG Dividend - Rs. - 4.00 
SKPSEC Dividend - Rs. - 1.00 
SUDARSCHEM Dividend - Rs. - 1.75 
TAMBOLI Dividend - Rs. - 0.60 
TATATEA Dividend - Rs. - 2.25 
TCPLPACK Dividend - Rs. - 6.00 
TECHNO Final Dividend - Rs. - 1.50 
TTKHEALTH Dividend - Rs. - 4.50 
VARUNSHIP Amalgamation. VARUNSHIP Spin Off 
VOLTAMP Dividend - Rs. - 10.00 
WHEELS Final Dividend - Rs. - 4.50 
ZANMOLTR Dividend - Rs. - 2.00 
ZUARI Dividend - Rs. - 2.00 
ZUARIGLOB Dividend - Rs. - 1.00 

Topay's Key Result
30th July

 Kotak Bank(Cog Est Net 478cr +11% Yoy Res Time-During Mkt)
Dr Reddy(Cog Cons Est Net 574cr +4% Yoy Res Time-During Mkt)
ITC(Cog Est Net 2370cr +8% Yoy Res Time-After Mkt)
NTPC(Cog Est Net 2233cr +1% Yoy Res Time-During Mkt)
Bank Of Baroda(Cog Est Net 966cr -29% Yoy Res Time-During Mkt)
Idfc
Arshiya Lrd,Astra Micro, Chemfab Alk,Colpal,Dena Bank,Electro Steel,Essel Propack,Exide Inds,Gabriel Ind,Glenmark Pharma, Gujarat flouro,Gujarat Pipa, HCC,Ipca Lab,Kokuyo Camlin,Octl, Obc,Petronet Lng,Sequent Science, Shanthi Gears, Shashun Pharma, Sjvn,Stride Arcolab, TTML, Vijaya Bank,Zee Learn

 Economic Times

Business Standard
Ø  Government clears GST amendments

 Ø  Tata Group's profits up; contributes eight billion pounds to UK GDP

 Ø  Greek stock market unlikely to reopen this week

 Ø  China mulls $6.44-bn drinking water industry in Tibet

 Ø  Nomura sees rupee reaching 63.20 by Q3 of 2016

 Ø  Cabinet approves foreign investment in AIFs

 Ø  Record dividends can hurt India Inc’s growth
Ø  MF houses not interested in acquiring Sahara MF's assets

 Ø  SpiceJet hits two-year high on strong Q1 results

 Ø  Wipro gains on strategic partnership with DSM

 Ø  JSW Steel reports loss of Rs 107 cr in Q1, its first in 7 qrtrs

 Ø  Sebi gets 100 alerts a day; strong surveillance in place: Sinha

 Ø  Standard & Poor's cuts Brazil's outlook to negative

 Ø  Govt to assess impact of MAT on IND-AS companies

 Business Line

Mint
Ø  MAT sword hangs over India Inc’s head 

 Ø  BPCL buys first shipment of Russian Far East crude grade

 Ø  GCPL to buy additional 40% stake in Chilean firm

 Ø  Smuggling of foreign cigarette brands on the rise

 Ø  Centre approves 7 FDI proposals worth Rs981 crore, defers 6 others

 Ø  Make National Agri Market inclusive for small farmers
Ø  GM to shut down Gujarat plant; invest $1 bn in consolidation

 Ø  Hero MotoCorp will not bid to buy out bankrupt partner EBR

 Ø  Public sector banks see Q1 profits decline on provisions

 Ø  Nestle reports first quarterly loss in 15 years on Maggi ban

 Ø  Godrej Consumer Q1 profit jumps 39% to Rs199 crore

 Ø  Allahabad Bank Q1 profit up 30.3%; stock jumps 5%

 Financial Express

Financial Chronicle
Ø  US Federal Reserve is likely to delay 1st rate hike in 9 years a bit longer

 Ø  Strategic stake sales: Ministries asked to line up a list of PSUs

 Ø  Essar Oil posts record Rs 1,063 cr Q1 net profit as margins improved

 Ø  DoT mandates telcos to share networks during disasters

 Ø  Dabur India Q1 net up 24% at Rs 261 cr

 Ø  GSK flags up pipeline as HIV drugs help it beat profit forecasts
Ø  'India has potential to become multi-trillion dollar economy'

 Ø  SpiceJet in talks with Boeing, Airbus for $11b deal

 Ø  Yes Bank net up 28% to Rs 551 crore

 Ø  Gold may plunge to Rs 20,500 level: Ind-Ra

 Ø  Vedanta reports a growth of 131% in profit in Q1FY16

 Ø  PFRDA asks banks to process APY contributions quickly
Ø  Beware of illicit money pooling schemes: Sebi

#BreakingNews #Cabinet: Approves Rs 20,000 Cr National Infrastructure & Investment Fund
29/07/2015
Bloomberg  EarningsPreview:

  @VedantaLimited Q1 total income seen up 1.3% at Rs. 17,403 cr vs Rs. 17,187 cr (YoY).
#EarningsPreview: @VedantaLimited Q1 net profit seen down 59.2% at Rs. 547 cr vs Rs. 1,341 cr (YoY).

 #EarningsPreview: @DaburIndia Q1 revenue seen up 11% at Rs. 2,065 cr vs Rs. 1,863 cr (YoY).
#EarningsPreview: @DaburIndia Q1 net profit seen up 20% at Rs. 253 cr vs Rs. 210 cr (YoY).

 #EarningsPreview: @YESBANK Q1 net profit seen up 23.5% at Rs. 543 cr vs Rs. 439.5 cr (YoY).

#EarningsPreview: @YESBANK Q1 NII seen up 36.2% at Rs. 1,015.6 cr vs Rs. 745.3 cr (YoY).
29/07/2015
Economic Times

Business Standard
Ø  Govt to award 273 road projects of Rs 1.26 lakh cr in FY'16

 Ø  ICICI to sell Rs 1,000-cr NPAs from Tulip, Falcon

 Ø  IMF says ECB may need to extend money-printing

 Ø  HSBC lowers 2015, 2016 gold price forecasts

 Ø  RBS in talks to sell Indian banking unit to Sanctum

 Ø  India to sell high-grade iron pellets to Iran as ties strengthen

 Ø  Glenmark's Finacea generic infringes Bayer patent
Ø  RBI eases cash delivery via Liquidity Adjustment Facility

 Ø  Revival signs in IPO market; pricing much better now: Sebi

 Ø  4G bandwagon: Airtel to roll out services before Reliance Jio

 Ø  India can save upto Rs 74,000 cr with crude oil basket at four month-low

 Ø  Power Grid approves Rs 307 cr investment for transmission proj

 Ø  Infosys to set up 7 MW solar plant at Hyderabad campus

 Business Line

Mint
Ø  P-Notes: Govt will not take any steps that will impact investment, says Jaitley

 Ø  TechM Q1 profit rises 7% to ₹676 crore on forex gains 

 Ø  CBDT raises cost inflation index by 5.57% for 2015-16

 Ø  Rajesh Exports buys Valcambi for $400 mn in cash

 Ø  Bharti Land, Eros Group tie up for ‘smart township’

 Ø   Currency derivatives: NSE move to curb self-trade 
Ø  Govt to soon notify a central KYC registry to link all identities

 Ø  MRF Q3 profit surges 94% to Rs447 crore

 Ø  Steel firms cut prices as imports pour in

 Ø  Ambuja cement Q2 profit declines 45% to Rs226.35 crore

 Ø  Banks to take control of Electrosteel Steels invoking SDR rules

 Ø  Rajasthan offers to sell its power projects to NTPC

 Financial Express

Financial Chronicle
Ø  Reserve Bank of India to pause on August 4; 50 bps cut likely in early 2016: BofA-ML

 Ø  Axis Bank cuts bulk deposit rates by 25 bps

 Ø  Rs 200-crore illegal gratification transferred to Kalaignar TV: ED to court

 Ø  BSE Sensex falls over 450 points, Nifty below 8450 on P-Notes concerns, global cues

 Ø  McGraw Hill to buy SNL Financial for $2.23 bn
Ø  Govt signals retreat over plans to clip RBI wings

 Ø  PFC stake sale subscribed over 2 times

 Ø  AUM of equity MFs climbs 55% to Rs 3.72 lakh cr

 Ø  Tata Opportunities to invest `335 crore in Tata Projects

 Ø  Govt plans unified insurance product for farmers
Ø  Aurobindo gets nod for Esomol Hydrochloride Injection
29/07/2015
Market Update:
Sgx Nifty -8 pts
Dow +189.69 pts ,Nsdq +49.43 pts , S&P +25.61 pts ,Bovespa +866 pts, Ftse +50 pts , Dax +117 pts, Cac +49 pts, Nikkei  -11 pts , now, Crude @ $47.80/brl (-0.18), Brent @ $53.06 (-0.24) , Gold @ $1095.30 (-1.40), Silver @ $14.65 (+0.01), Euro @ $1.1073, JPY @ $123.5400, INR @ $63.9150
Indian Adr/Gdr
Infy:+1.14%,      Wit:+0.49%
Ttm:+0.45%,     Rdy: -1.55%
Hdb:+0.65%,      Ibn: -0.94% 
SBID:+0.20%,  RIGD:+0.81%

Today's Corporate Action 
29th July Ex Date
BAJAJELEC Dividend - Rs. - 1.50 CARERATING Interim Dividend - Rs. - 6.00 
DLINKINDIA Dividend - Rs. - 0.70 
GILADAFINS Interim Dividend - Rs. - 0.50 
INDIANCARD Dividend - Rs. - 2.50 
PRAJIND Dividend - Rs. - 1.62 RAMCOCEM Dividend - Rs. - 1.50 
SANOFI Interim Dividend - Rs. - 18.00 
SIMPLXREA Dividend - Rs. - 1.00 
STYABS Dividend - Rs. - 4.00 ULTRAMAR Dividend - Rs. - 3.00 ZODIACLOTH Final Dividend - Rs. - 2.50

Topay's Key Result
29th July

 Yes Bank(Cog Est Net 526cr +26% Yoy Res Time-During Mkt)
Vedanta(Cog Cons Est Net 816cr +117% Yoy)
All Bank,Batliboi,Blue Dart, Castrol,Dabur,Essar Oil, Excel Crop,Godrej Cons,Heg,Hikal,Ifb Agro,Jsw Steel,Lakshmi Mill, Mphasis,Navin flouro, Nestle Ind,Nhpc, Nirlon, Upl,Zydus Welness
Today's Global Data
Jul 29: US API statistical bulletin for week ended Jul 24; 0200 IST

 Jul 29: Japan June preliminary retail sales; 0520 IST

 Jul 29: Germany August GfK consumer climate survey; 1130 IST

 Jul 29: Bank of England June effective interest rates; 1400 IST

 Jul 29: UK Apr-Jun insolvency statistics; 1400 IST

 Jul 29: UK June monetary, financial statistics; 1400 IST

 Jul 29: UK June money, credit statistics; 1400 IST

 Jul 29: UK July CBI distributive trades survey; 1530 IST

 Jul 29: US MBA mortgage applications survey for week ended Jul 24; 1630 IST

 Jul 29: IMF Managing Director Lagarde to hold press conference; 1845 IST

 Jul 29: US June metropolitan area employment, unemployment; 1930 IST

 Jul 29: US June pending home sales index; 1930 IST

 Jul 29: US EIA petroleum status report for week ended Jul 24; 1800 IST
Jul 29: US interest rate decision; 2330 IST

28/07/2015
Economic Times

Business Standard
Ø  Govt to award 273 road projects of Rs 1.26 lakh cr in FY'16

 Ø  ICICI to sell Rs 1,000-cr NPAs from Tulip, Falcon

 Ø  IMF says ECB may need to extend money-printing

 Ø  HSBC lowers 2015, 2016 gold price forecasts

 Ø  RBS in talks to sell Indian banking unit to Sanctum

 Ø  India to sell high-grade iron pellets to Iran as ties strengthen

 Ø  Glenmark's Finacea generic infringes Bayer patent
Ø  RBI eases cash delivery via Liquidity Adjustment Facility

 Ø  Revival signs in IPO market; pricing much better now: Sebi

 Ø  4G bandwagon: Airtel to roll out services before Reliance Jio

 Ø  India can save upto Rs 74,000 cr with crude oil basket at four month-low

 Ø  Power Grid approves Rs 307 cr investment for transmission proj

 Ø  Infosys to set up 7 MW solar plant at Hyderabad campus

 Business Line

Mint
Ø  P-Notes: Govt will not take any steps that will impact investment, says Jaitley

 Ø  TechM Q1 profit rises 7% to ₹676 crore on forex gains 

 Ø  CBDT raises cost inflation index by 5.57% for 2015-16

 Ø  Rajesh Exports buys Valcambi for $400 mn in cash

 Ø  Bharti Land, Eros Group tie up for ‘smart township’

 Ø   Currency derivatives: NSE move to curb self-trade 
Ø  Govt to soon notify a central KYC registry to link all identities

 Ø  MRF Q3 profit surges 94% to Rs447 crore

 Ø  Steel firms cut prices as imports pour in

 Ø  Ambuja cement Q2 profit declines 45% to Rs226.35 crore

 Ø  Banks to take control of Electrosteel Steels invoking SDR rules

 Ø  Rajasthan offers to sell its power projects to NTPC

 Financial Express

Financial Chronicle
Ø  Reserve Bank of India to pause on August 4; 50 bps cut likely in early 2016: BofA-ML

 Ø  Axis Bank cuts bulk deposit rates by 25 bps

 Ø  Rs 200-crore illegal gratification transferred to Kalaignar TV: ED to court

 Ø  BSE Sensex falls over 450 points, Nifty below 8450 on P-Notes concerns, global cues

 Ø  McGraw Hill to buy SNL Financial for $2.23 bn
Ø  Govt signals retreat over plans to clip RBI wings

 Ø  PFC stake sale subscribed over 2 times

 Ø  AUM of equity MFs climbs 55% to Rs 3.72 lakh cr

 Ø  Tata Opportunities to invest `335 crore in Tata Projects

 Ø  Govt plans unified insurance product for farmers
Ø  Aurobindo gets nod for Esomol Hydrochloride Injection



28/07/2015
Market Update:
Sgx Nifty -22 pts
Dow -127.94 pts ,Nsdq -48.85 pts , S&P -12.01 pts , Bovespa -560 pts , Ftse -74 pts , Dax -291 pts, Cac -129 pts, Nikkei  -224 pts , now, Crude @ $47.13/brl, Brent @ $53.09 , Gold @ $1092.00, Silver @ $14.52, Euro @ $1.098, JPY @ $123.28, INR @ $64.25
Indian Adr/Gdr
Infy: -2.84%,      Wit: -1.06%
Ttm: -3.40%,     Rdy: -0.79%
Hdb: -0.72%,      Ibn: -1.75% 
SBID: -3.04%,  RIGD: -2.61%

Today's Corporate Action 
28th July Ex Date
BBTC Dividend - Rs. - 1.00 
DEEPAKFERT Dividend - Rs. - 4.00 
DISA Dividend - Rs. - 2.50 EMAMILTD Final Dividend - Rs. - 3.00 
HAWKINCOOK Dividend - Rs. - 45.00 
MAKERSL Dividend - Rs. - 1.00 MBLINFRA Bonus issue 1:1 
NUCENTFI Dividend - Rs. - 1.10 
PEL Dividend - Rs. - 20.00 SAFARIND Dividend - Rs. - 1.00 
TATAINVEST Dividend - Rs. - 17.00 
VINATIORGA Dividend - Rs. - 3.50

Topay's Key Result
28th July

 Hdfc(Cog Est Net 1378cr +3% Yoy Res Time-During Mkt)
Maruti(Cog Est Net 1247cr +64% Yoy Res Time-During Mkt)
PNB(Cog Est Net 1063cr -24% Yoy Res Time-During Mkt)
3i Info,Apl Apollo,Bank Of India,Basf,Blue Star,Dish Tv,Guj Alkali,Gsfc,Gulf Oil Lub,Idbi Bank,Intelect Design,J Kumar,Mahindra Holiday,Mang Chem, Navneet Edu,Pidilite,Rpg Life,Skipper ltd,Swaraj Eng,Syndicate Bank,Tata Com,Thermax,Tide Water, Torrent Cable,Union Bank,ZF Steering

 Today's Global Data

 Jul 28: UK May service sector figures; 1400 IST

 Jul 28: UK Apr-Jun gross domestic product preliminary estimate; 1400 IST

 Jul 28: UK June Land Registry house price index; 1400 IST

 Jul 28: US Retail Economist/Goldman Sachs chain store sales index for week 
ended  Jul 25; 1715 IST

 Jul 28: US Johnson Redbook retail sales index for week ended Jul 25; 1825
IST

 Jul 28: US May S&P/Case-Shiller home price index; 1830 IST

 Jul 28: US July flash services purchasing managers' index; 1915 IST

 Jul 28: US July consumer confidence index; 1930 IST

 Jul 28: US Apr-Jun housing vacancies; 1930 IST

 Jul 28: Federal Reserve Bank of Richmond July business activity survey; 1930 IST

 Jul 28: US Secretary of State Kerry, Secretary of the Treasury Lew to
testify to House Foreign Affairs Committee on Iranian nuclear deal; 1930 IST

 Jul 28: International Monetary Fund external sector report

 Jul 28: Trans-Pacific Partnership ministers meeting

 Jul 28: European Union June new commercial vehicle registrations statistics
Jul 28: US Federal Open Market Committee meeting starts
27/07/2015
Economic Times

Business Standard
Ø  Tata Motors banks on defence business, exports

 Ø  Dept of Disinvestment wants EPFO to invest Rs 6K cr

 Ø  Greece bailout format still being negotiated: Minister

 Ø  PSUs' Rs 2 lakh crore idle cash to boost infra

 Ø  ONGC to invest $8.8 billion in KG oil and gas discoveries

 Ø  Govt approves Rs 1K cr for India-Bangladesh rail link

 Ø  Costly trade-off: Per capita debt burden at Rs 44,095 in FY15
Ø  P-note crackdown may weigh heavy on markets

 Ø  PFC stake sale: govt sets floor price at Rs 254

 Ø  Govt may issue Rs 15k cr sovereign gold bonds in H2 FY16

 Ø  Iran seeks $8 bn Indian investments, wants expeditious decision

 Ø  5 years on, RIL to soften its fracking in the US

 Ø  Special court to fast-track prosecution cases: Sebi chief

 Ø  Centre considering crop insurance scheme: Venkaiah Naidu

 Business Line

Mint
Ø   NPS: PFRDA to pitch for favourable tax treatment for NRIs 

 Ø  Tata Power eyes Africa, S-E Asia, SAARC for growth 

 Ø  NDMC to give rebate to consumers opting for e-bills

 Ø  JSW Steel to seek shareholders’ nod to raise Rs. 14,000 cr

 Ø  RIL’s share of profit from investments slips to 29%

 Ø  Syngene International: Research holds promise 
Ø  Reliance to launch telecom venture with 1,000+Jio Centers

 Ø  Hindustan Zinc hopes for firmer prices in second half

 Ø  Bajaj Auto eyeing 5% increase in domestic market share

 Ø  IDFC receives final RBI nod to start bank

 Ø  Lupin gets shareholders nod to raise up to Rs7,500 cr

 Ø  Andhra Bank Q1 net profit rises 89% to Rs203 cr

 Financial Express

Financial Chronicle
Ø  Corporates carry clout, but Sebi stands firm: U K Sinha

 Ø  China the main economic espionage threat to US: FBI

 Ø  Gold price likely to fall to Rs 23,000 level: Experts

 Ø  Land bill: Modi govt's hopes hinged on Parliament panel

 Ø  Tata Housing expands global footprint, starts operation in Dubai
Ø  Steel Min approves 83 R&D projects worth over Rs 696 cr

 Ø  AIC, ECGC likely to get Irdai waiver on rural obligation

 Ø  Housing finance firms avoid banks, prefer bonds

 Ø  Asia Index to make India hub for South-East Asia
Ø  Crompton Greaves Q1 net down 75% at Rs 16 cr

27/07/2015
SGX Nifty -28 pts (8512) from last trade 8540 , 
Nikkei -88 pts , Hangseng -221 pts , 
Dow -163.39 pts ,Nsdq -57.78 pts , S&P -22.500 pts , Bovespa -560 pts , Ftse -75 pts , Dax -164 pts, Cac -29 pts, Crude @ $48.00/brl (-0.14) Brent @ $54.63 (+0.01), Gold @ $1096.70 (+10.50), Silver @ $14.66 (+0.17), Euro @ $1.098, JPY @ $123.762, INR @ $64.043

 Infy: -0.52%,      Wit: -2.62%
Ttm: -2.49%,     Rdy: -1.02%
Hdb: -0.87%,      Ibn: -3.47% 
SBID: -1.56%,  RIGD: -1.60%

 Today's Corporate Action 
27th July Ex Date
BANCOINDIA Final Dividend - Rs. - 2.50 
BRITANNIA Dividend - Rs. - 16.00 
CAMLNFINE Dividend - Rs. - 0.45 
CMC Interim Dividend - Rs. - 4.35 
GODREJPROP Dividend - Rs. - 2.00 
GSKCONS Dividend - Rs. - 55.00 
KHAICHEM Dividend - Rs. - 0.050 
NATPEROX Dividend - Rs. - 5.00 NILKAMAL Dividend - Rs. - 4.50 PODDARDEV Dividend - Rs. - 1.50 
SNOWMAN Final Dividend - Rs. - 0.50 
TRANSCOR Dividend - Rs. - 0.80 
TRENT Dividend - Rs. - 7.50 TRENT Special Dividend - Rs. - 2.50 
WABCOINDIA Dividend - Rs. - 5.00

Topay's Key Result
27th July

 Ambuja Cem(Cog Est Net 301cr -26% Yoy Res Time-During Mkt)
Tech M(Cog Cons Est Net 586cr -7% Yoy Res- After Mkt)

Bannari Aman Sug,Century Enka,Century Tex, Geometric, Info Edge,Inox Wind,Ion Exchange,Jindal Saw,Just Dial,Kpr Mill,Kec Int,Kirloskar Broth, Mahindra CIE,Mrf,Pondy Oxide,Subros, Torrent Pharma, Transpeck Inds,Trf, Ucal Fuel

 24/07/2015
BLOOMBERG EARNINGS ESTIMATES:

 Reliance Industries     - 1Q, Est. 62.5b rupees (16 analysts)
Axis Bank               - 1Q, Est. 19.6b rupees (34)
Crompton Greaves        - 1Q, Est. 720m rupees (20)
TVS Motor Co.           - 1Q, Est. 1.01b rupees (19)
Bharat Electronics      - 1Q, Est. 405m rupees (9)
ABB India               - 2Q, Est. 630m rupees (16)
Supreme Industries      - 4Q, Est. 1.17b rupees (9)
M&M Financial Services  - 1Q, Est. 1.93b rupees (14)
Atul                    - 1Q, Est. 539m rupees (3)
Kolte-Patil Developers  - 1Q, Est. 200m rupees (3)

Tata Elxsi, VIP Industries, Eveready Industries

24/07/2015
Economic Times

Business Standard
Ø  Govt to bring shipping containers under Make in India

 Ø  Govt proposes to dilute RBI Guv's power; can't veto on policy rate

 Ø  IMF warns Japan must avoid over-reliance on weak yen

 Ø  After debt crisis, Greece now faces recession

 Ø  Govt tapping overseas markets to push PSU stake sale

 Ø  Reliance ties up with Singapore's Augur in defence biz

 Ø  Japan's Nikkei to buy FT Group for $1.3 billion
Ø  RBI lifts restrictions on FIIs to buy shares in BoB

 Ø  EPFO's investment in equity markets may go beyond 5%: Dattatreya

 Ø  US jobless claims lowest since 1973

 Ø  Lupin buys US generics firm Gavis for $880 mn

 Ø  Iran eyes $185 billion oil, gas projects after sanctions

 Ø  SEBI to bring algo trading guidelines in two months

 Ø  74% Indians feel economy is doing well: Pew Research

 Business Line

Mint
Ø   Wipro records 4% rise in Q1 net to Rs.2,190 crore 

 Ø  7 Indian firms among world’s 500 largest companies:Fortune

 Ø  Adani Ports raises $650 mn via dollar bond issue

 Ø  SEBI-FMC merger process to be complete by Sept: Sinha

 Ø  Biocon Q1 profits surge 23% at Rs 126 cr 
Ø  Unilever sales beat estimates as Latin America, China gain

 Ø  Nestle’s $2.3 bn noodle mess perks up AIG to Allianz

 Ø  Banks opt for offbeat tactics to tackle Rs3.1 tn of bad debts

 Ø  UTI Mutual Fund revives IPO plans, seeks govt approval

 Ø  Irdai seeks to limit insurers’ expenses

 Financial Express

Financial Chronicle
Ø  RBI to maintain status quo on Aug 4: Morgan Stanley

 Ø  Economic growth prospects dim on delays to reforms: Poll

 Ø  Draft financial code proposes committee on policy rate

 Ø  South Korea Q2 GDP growth worst in over 6 yrs as MERS, drought strike

 Ø  Sun TV can participate in mock FM e-auction: High Court
Ø  Bajaj Auto Q1 net surges 37% to Rs 1,015 cr

 Ø  TCS, Cognizant, Infy top employers in FY15: Nasscom

 Ø  L&T Finance Holdings Q1 net profit rises 15%

 Ø  GAIL Q1 net profit drops 32 pc at Rs 424.14 cr

 Ø  Himatsingka Seide Q1 net profit up 93%
Ø  Alstom's proposed JV bags Rs 1,497cr contract from DFCCIL

 24/07/2015
Market Update:
Sgx Nifty -15 pts
Dow -119.12 pts ,Nsdq -25.36 pts , S&P -12.00 pts , Bovespa -1109 pts , Ftse -12 pts , Dax -8 pts, Cac +4 pts, Nikkei  -62 pts , now, Crude @ $48.85/brl (+0.40) Brent @ $55.50 (+0.23), Gold @ $1088.60 (-5.50), Silver @ $14.65 (-0.02), Euro @ $1.099, JPY @ $123.916, INR @ $63.768

Today's Corporate Action 
24th July Ex Date

 BERGEPAINT Dividend - Rs. - 0.65 
BHAGERIA Dividend - Rs. - 2.50 BHAGERIA Special Dividend - Rs. - 2.50 
FUTSOL Dividend - Rs. - 0.50 GEOJITBNPP Final Dividend - Rs. - 1.75 
GRINDWELL Dividend - Rs. - 6.50 
JAYSHREETEA Dividend - Rs. - 1.00 
MCLEODRUSS Dividend - Rs. - 3.00 
MODRNSH Dividend - Rs. - 1.00 REDINGTON Dividend - Rs. - 1.90 
TIRUMALCHM Dividend - Rs. - 4.00 
VGUARD Final Dividend - Rs. - 4.5000 


Today's Global Data
Jul 24: US Federal discount window borrowings; 0200 IST

 Jul 24: US Foreign central bank holdings; 0200 IST

 Jul 24: US Money stock measures; 0200 IST

 Jul 24: UK June Knight Frank house price sentiment index; 0431 IST

 Jul 24: UK July hometrack cities house price index; 0431 IST

 Jul 24: Japan July flash manufacturing purchasing managers' index; 0665 IST

 Jul 24: Germany July flash purchasing managers' index; 1300 IST

 Jul 24: European Union July flash purchasing managers' index; 1330 IST

 Jul 24: US July Flash manufacturing purchasing managers' index; 1915 IST
Jul 24: US June new residential sales; 1930 IST


23/07/2015
Market Update:
Sgx Nifty -9 pts
Dow -68.25 pts ,Nsdq -36.35 pts , S&P -5.06 pts , Bovespa -558 pts , Ftse -101 pts , Dax -84 pts, Cac -24 pts, Nikkei  +102 pts , now, Crude @ $49.27/brl (+0.08) Brent @ $56.09 (-0.04), Gold @ $1093.50 (+2.00), Silver @ $14.75 (+0.02), Euro @ $1.093, JPY @ $124.069, INR @ $63.580
Indian Adr/Gdr
Infy:+1.75%,      Wit:+2.41%
Ttm: -1.53%,     Rdy:+1.20%
Hdb:+0.99%,      Ibn:+1.09% 
SBID:+1.43%,  RIGD:+3.81%

Today's Corporate Action 
23rd July Ex Date

 AHLEAST Dividend - Rs. - 2.00 BOMBCYC Dividend - Rs. - 4.00 BOMOXY Dividend - Rs. - 10.00 CHEMBOND Dividend - Rs. - 3.00 
CHOLAINV Final Dividend - Rs. - 1.00 
COMPEAU Dividend - Rs. - 1.00 CRISIL Interim Dividend - Rs. - 4.00 
DAICHI Final Dividend - Rs. - 2.00 
DAICHI Special Dividend - Rs. - 0.50 
DBCORP Final Dividend - Rs. - 4.25 
DFM Dividend - Rs. - 2.50 
DPL Dividend - Rs. - 4.00 ELGIEQUIP Dividend - Rs. - 1.00 EXIDEIND Final Dividend - Rs. - 0.70 
GLAXO Dividend - Rs. - 62.50 IDFC Dividend - Rs. - 2.60 KANCOTEA Dividend - Rs. - 5.00 
MAGMA Dividend - Rs. - 0.80 MODERN Dividend - Rs. - 0.12 
MONSANTO Final Dividend - Rs. - 18.00 
MOTHERSUMI Bonus issue 1:2 MOTHERSUMI Dividend - Rs. - 3.00 
NESCO Dividend - Rs. - 6.50 NIITTECH Final Dividend - Rs. - 9.50 
ORIENTC Final Dividend - Rs. - 5.50 
RAUNAQINTL Final Dividend - Rs. - 1.00 
SINCLAIR Dividend - Rs. - 4.00 STRTECH Final Dividend - Rs. - 0.60 
SUVEN Dividend - Rs. - 0.60 TATASTEEL Dividend - Rs. - 8.00 
TCI Final Dividend - Rs. - 0.90 TECHM Dividend - Rs. - 6.00 

Today's Key Result
23rd July
Bajaj Auto(Cog Est Net 984cr +33% Yoy Result Time-During Mkt)
Wipro(Cog Cons Est Net 2196cr +4% Yoy Res Time-After Mkt)
Lupin(Cog Cons Est 558cr -6% Yoy Res Time-During Mkt)
Gail
Biocon,Chemo Pharma, Dewan House, Granuels, Himatsingka, Inter Paper, Kewal Kiran,L&T Fin, Lakshmi Vilas Bank,Nocil, Nrb Bearing,Rallis India, Sterling Holiday,Sterlite Tech,Ttk Prest,Ufo Movies, United Spirit
Today's Global Data
Jul 23: UK June Monthly automotive manufacturing figures; 0431 IST

 Jul 23: Japan June provisional trade statistics data; 0520 IST

 Jul 23: UK June retail sales figures; 1400 IST

 Jul 23: UK British Bankers' Association main high street banking groups statistics; 1400 IST

 Jul 23: US unemployment insurance claims report for week ended Jul 18 -initial claims; 1800 IST

 Jul 23: US weekly export sales; 1800 IST

 Jul 23: US June Chicago Fed national activity index; 1800 IST

 Jul 23: US International Monetary Fund regular press briefing; 1900 IST

 Jul 23: US June leading indicators; 1930 IST

 Jul 23: US secretary of state John Kerry to testify on Iranian nuclear deal to US senate foreign relations committee; 1930 IST

 Jul 23: European Union July FCCI flash consumer confidence indicator;1930 IST

 Jul 23: US EIA weekly natural gas storage report for week ended Jul 17;2000 IST
Jul 23: US July Federal Reserve Bank of Kansas City Survey of tenthdistrict manufacturing; 2030 IST
23/07/2015
Economic Times

Business Standard
Ø Airtel plans to raise up to $1 bn through ECB route

 Ø 'Housing scheme can give Rs 15 tn boost to GDP'

 Ø India need not worry about US Fed lift-off: Nomura

 Ø 'ECB increases emergency funding by 900 mn euros'

 Ø Real estate bill to protect small property buyers

 Ø Parliament panel pulls up government for rise in P&K fertiliser prices
Ø Sebi busts Rs 6,000-cr 'tax evasion shops'

 Ø Govt gets Rs 1-lakh-crore spend cushion for FY16

 Ø Stock plunge erases $38 bn of Apple's market value

 Ø RBI begins probe into diversion of agriculture loans

 Ø Glenmark's anti-diabetes drug to help cut cost by 55%

 Ø Trai receives maximum complaints against Airtel for call drops

 Business Line

Mint
Ø GVK Power to seek nod for ₹1,000-cr QIP 

 Ø Rice bran oil producers hail Govt move on bulk exports

 Ø UAE to scrap fuel subsidies from August 

 Ø HC asks Centre to reply on Sun group co Red FM’s plea

 Ø TV18 Broadcast's net loss narrows to Rs. 4.29 lakh in Q1

 Ø All TDS dues have been settled, says SpiceJet 
Ø Govt approves extension of interest subvention scheme on crop loans

 Ø Bombay HC asks FSSAI to justify actions against Maggi

 Ø Moily panel seeks Sebi report on alleged malpractices at NSE

 Ø Bajaj Finance Q1 profit up 30% to Rs275.63 crore

 Ø Hinduja Leyland Finance to set up housing finance arm

 Ø JSW Energy Q1 net profit falls 15% to Rs277 crore

 Financial Express

Financial Chronicle
Ø Cairn Energy set to vote against Vedanta-Cairn India merger: Financial Times

 Ø Sensex closes 322 pts up at 28,504.93; Nifty above 8,600

 Ø Approval delays halt work on Australia coal project: Adani

 Ø Cabinet to take up Gold Monetisation Scheme in few weeks

 Ø Greek PM Alexis Tsipras rallies Syriza backing before bailout vote
Ø RS panel endorses majority provisions of GST bill

 Ø Ceat Q1 net jumps over two-folds to Rs 121 cr

 Ø Gold falls below Rs 25k mark on panic selling

 Ø NRIs can invest in NPS: PFRDA

 Ø NCDEX launches mobile app for investors
Ø No emergency in getting oil dues from India: Iran



22/07/2015
Economic Times

Business Standard
Ø  S&P raises Greece rating on bailout talks with creditors

 Ø  Microsoft sees $3.19 billion loss on Nokia write-down

 Ø  IIP slow but rural economy seems to be picking up

 Ø  IDBI Bank to raise Rs 26,000-cr through equity, bonds

 Ø  Banks' NPAs up at Rs 2.67 lakh cr in FY 2015: Sinha

 Ø  Rajan meets Jaitley ahead of Aug 4 policy review

 Ø  Government to check unbalanced use of fertilisers
Ø  Airtel has the least call drops in Mumbai: Trai

 Ø  NSE drags Moneylife to HC for algo reports, seeks Rs 100cr

 Ø  HDFC Bank Q1 net up 21%, bad loans rise marginally

 Ø  Hindustan Unilever Q1 net rises 4% to Rs 1,059 cr

 Ø  Insurers want better deal from Cairn India

 Ø  No sunshine in FY16 for Sun Pharma

 Ø  Warburg Pincus to invest Rs 1,800 cr in Piramal Realty

 Business Line

Mint
Ø  Infosys profit rises 4.9% to Rs. 3,030 crore in Q1

 Ø  MCX, CME in pact for global exchange in Gift City

 Ø  Pipavav Defence joins hands with Russian ship repair firm

 Ø  Fidelity Growth to invest in Cipla’s consumer healthcare biz

 Ø  Discount stockbrokers turn to apps to wean Indians off gold 

 Ø   ABB India bags Rs. 125-crore PowerGrid order
Ø  Bharti Airtel says no plan to exit Africa, despite Orange talks

 Ø  Maggi ban: HC asks Nestle India for clarifications

 Ø  Yes Bank appeals Bombay HC order

 Ø  Idea Cellular Q1 profit rises 28% to Rs930 crore

 Ø  Pidilite in talks to sell its Brazil business

 Ø  Indiabulls Housing Finance Q1 profit up 20.6% to Rs511 cr

 Financial Express

Financial Chronicle
Ø  Greece seeks bailout deal by August 20; bill in parliament

 Ø  RBI sets rupee reference rate at 63.6506 vs dollar

 Ø  Sensex ends 238 pts down; Nifty below 8,550

 Ø  Tata Coffee Q1 net profit falls 16% to Rs 25.4 crore

 Ø  China receives US Dollars 68.41 billion FDI in first half of this year
Ø  Greece seeks bailout deal by Aug 20

 Ø  Coal scam: Court summons ex-minister, ex-officials

 Ø  Deadline extended for comments on Companies Act

 Ø  Cairn India Q1 net profit falls 24% to Rs 835 cr

 Ø  Eicher Motors Q2 net profit rises 41%
Ø  FIIs can invest up to 49% in retail, e-commerce
22/07/2015
Market Update:
Sgx Nifty -49 pts
Dow -181.12 pts ,Nsdq -10.74 pts , S&P -9.07 pts , Bovespa -125 pts , Ftse -19 pts , Dax -130 pts, Cac -35 pts, Nikkei  -180 pts , now, Crude @ $50.56/brl (-0.30) Brent @ $56.78 (-0.26), Gold @ $1098.50 (-5.00), Silver @ $14.81 (+0.02), Euro @ $1.095, JPY @ $123.762, INR @ $63.553
Indian Adr/Gdr

 Infy:+8.18%,      Wit:+2.47%
Ttm:+0.52%,     Rdy: -2.11%
Hdb: -3.06%,      Ibn: -2.03% 
SBID:-0.72%,  RIGD: -1.88%

Today's Corporate Action 
22nd July Ex Date

 ABBOTINDIA Final Dividend - Rs. - 31.00 ACC Interim Dividend - Rs. - 11.00 ADORWELD Dividend - Rs. - 5.00 
APCOTEXIND Dividend - Rs. - 7.00 
APLLTD Dividend - Rs. - 3.50 CESC Dividend - Rs. - 9.00 CHEMFALKAL Final Dividend - Rs. - 1.25 
DCMSHRIRAM Final Dividend - Rs. - 0.40 
EIDPARRY Final Dividend - Rs. - 1.00 
EIHAHOTEL Dividend - Rs. - 3.00 
EIHOTEL Dividend - Rs. - 1.10 HYDIND Final Dividend - Rs. - 10.00 
INDIANHUME Dividend - Rs. - 3.00 
IPCALAB Dividend - Rs. - 1.00 MAHLIFE Final Dividend - Rs. - 6.00 
MENNPIS Dividend - Rs. - 4.00 NICCOPAR Dividend - Rs. - 0.15 NICCOPAR Special Dividend - Rs. - 0.15 
ORIENTHOT Dividend - Rs. - 0.40 
PHILIPCARB Dividend - Rs. - 1.00 
RML Dividend - Rs. - 4.50 ROSSELLIND Dividend - Rs. - 0.50 
SAREGAMA Dividend - Rs. - 1.50 
SHOPERSTOP Dividend - Rs. - 0.75 
SONATSOFTW Final Dividend - Rs. - 4.25 
SREINFRA Dividend - Rs. - 0.50 SRTRANSFIN Final Dividend - Rs. - 6.00 
STAR Dividend - Rs. - 3.00 SWELECT Dividend - Rs. - 2.50 TUBEINVEST Final Dividend - Rs. - 0.50 
WALCHCAP Final Dividend - Rs. - 1.00 


Today's Key Result
22nd July

 Alsthom Ind,Bajaj Fin,Bajaj Finserv,Bharti Infratel,Ceat Ltd,Cont Corp India,Foseco, HeidelBerg Cem,Heritage Food,Hester Bio,Igarshi Mot,Jsw Energy,Kpit Tech, Muthooth Fin, Network18, Novartis,Pvr Ltd,Sks Micro,Tata Metallik, Texmaco Infra,Tv18,United Brew
Today's Global Data
Jul 22: US API weekly statistical bulletin for week ended Jul 17; 0200 IST

 Jul 22: UK June scottish retail sales monitor; 0431 IST

 Jul 22: Japan May all industry index; 1000 IST

 Jul 22: Japan June supermarket sales; 1030 IST

 Jul 22: Japan June revised machine tool orders data; 1130 IST

 Jul 22: UK July agents' summary of business conditions; 1400 IST

 Jul 22: UK July Bank of England monetary policy committee meeting minutes;1400 IST

 Jul 22: US MBA mortgage applications survey for week ended Jul 17; 1630 IST

 Jul 22: US May monthly house price index; 1830 IST

 Jul 22: US June existing home sales; 1930 IST

 Jul 22: US EIA Weekly petroleum status report for week ended Jul 17; 2000

IST

21/07/2015
Economic Times

Business Standard
Ø  Fed directs 8 biggest US banks to hold extra capital

 Ø  Airtel in talks to sell 4 African arms to Orange

 Ø  Foreigners may soon get direct bite of Indian VC, PE funds

 Ø  'Greece makes overdue payments, no longer in default'

 Ø  F M to hold review meeting on PSU disinvestment

 Ø  IOC to invest Rs 1,000 crore to raise stake in CPCL

 Ø  Kharif crop output likely to be better than last year: Report

 Ø  PayPal valued at about $52 bn in market return
Ø  Select panel arrives at middle ground on GST

 Ø  Nationalisation of banks a historical economic blunder: Subramanian

 Ø  Sun Pharma sees profit hit in FY16 on Ranbaxy costs

 Ø  Defence, banking out of composite FDI caps to avoid 'quick money'

 Ø  ARCs want RBI to relax 10% cap of share sale to single entity in IPO

 Ø  Sebi restricts suspended cos from raising further capital

 Business Line

Mint
Ø  SBI's yearly composite index for July declines sharply

 Ø  Ultratech Cements Q1 consolidated profit falls 6% to ₹591 cr

 Ø  Gujarat plans to relocate electricity infrastructure 

 Ø  Action will be taken if illegal foreign assets not disclosed by Sept 30: I-T dept

 Ø  CRISIL buys back more of its own shares  
Ø  India’s per capita electricity consumption touches 1010 kWh

 Ø  Private equity funds join hands for big-ticket deals in India

 Ø  Status quo on coal blocks end use case: Supreme Court

 Ø  Hindustan Zinc Q1 profit rises 19% to Rs1,921 crore

 Ø  IVFA to invest $30 million in firm behind Indigo chain

 Ø  Kotak Mahindra mutual fund staff told to invest in-house

 Financial Express

Financial Chronicle
Ø  BSE Sensex ends 43.19 points down at 28,420.12; NSE Nifty reclaims 8,600

 Ø  FPIs offload positions in cement stocks for fourth qtr; large caps worst affected

 Ø  Corporates not too optimistic about economic recovery: Assocham

 Ø  Gold slide helps erase half of gains from 12-yr bull run, $1000/ounce on horizon
Ø  Banks reopen, taxes hiked as Greece eyes recovery

 Ø  SpiceJet promoter pledges over half of his stake

 Ø  Welspun Q1 net profit up 55% at Rs 163 cr

 Ø  Tata Coffee Q1 net profit falls 16% to Rs 25.4 cr
Ø  LIC HFL Q1 net profit up 18.6% at Rs 382 cr

21/07/2015
Market Update:
Sgx Nifty -4 pts
Dow +13.96 pts ,Nsdq +8.72 pts , S&P +1.64 pts , Bovespa -742 pts , Ftse +13 pts , Dax +62 pts, Cac +18 pts, Nikkei  +92 pts , now, Crude @ $50.44/brl (-0.77) Brent @ $56.53 (-0.12), Gold @ $1098.20 (-8.40), Silver @ $14.66 (-0.10), Euro @ $1.083, JPY @ $124.378, INR @ $63.668
Indian Adr/Gdr

 Infy: -0.44%,      Wit: -0.57%
Ttm: -1.93%,     Rdy:+0.60%
Hdb: -0.20%,     Ibn: -1.15% 
SBID: -1.53%, RIGD:+0.01%

Today's Corporate Action 
21st July Ex Date

 ANDREWYU Dividend - Rs. - 0.10 
ASTRAMICRO Dividend - Rs. - 1.20 
CARBORUNIV Final Dividend - Rs. - 0.50 
EASTRED Final Dividend - Rs. - 0.50 
GATI Final Dividend - Rs. - 0.80 INDOCO Final Dividend - Rs. - 1.60 
INDORAMA Dividend - Rs. - 1.00 
KIRLPNU Dividend - Rs. - 5.00 MINDTREE Interim Dividend - Rs. - 3.00 
SESHAPAPER Dividend - Rs. - 4.00 
SURYALAXMI Dividend - Rs. - 1.20

Today's Key Result
21st July

 Hdfc Bank(Cog Est Net 2726cr +22% Yoy Result Time-During Mkt Hrs)
Hind Lever 2370cr +15% Yoy Result Time-During Mkt)
Infy(Cog Cons Est Net 3014r +4% Yoy Result Time-Before Mkt)
Cairns(Cog Est Net 929cr -15% Yoy Res Time-After Mkt)
Idea(Cog Est Net 881cr +21% Yoy Res Time-After Mkt)
Asian Paint(Cog Est Net 409cr +20% Yoy Res Time-During Mkt)
Bayer Crop,Can Fin Home, Century Ply, Edelweiss Fin, Eicher Mot,India Bull Fin, Mahasthra Scooter,Maral Overseas,Raj Tv,Rane Eng,Skf Ind,Supreme Petro,Tata Sponge, Whirlpool
Today's Global Data

 Jul 21: Japan June Bank of Japan policy meeting minutes; 0520 IST

 Jul 21: Japan June steel production data; 1030 IST

 Jul 21: Japan May indexes of business conditions - revision; 1030 IST

 Jul 21: Japan June nationwide department store sales data; 1100 IST

 Jul 21: Japan June convenience store sales; 1230 IST

 Jul 21: UK June public sector finances data; 1400 IST

 Jul 21: US retail economist/Goldman Sachs weekly chain store sales index for week ended Jul 18; 1715 IST

 Jul 21: US Johnson Redbook Retail Sales Index for week ended Jul 18; 1825
IST

 Jul 21: US Treasury Committee evidence session with George Osborne on the Summer Budget; 1845 IST

 Jul 21: US annual industrial production and capacity utilization annual revision; 1845 IST

 Jul 21: US June Regional & State Employment & Unemployment data; 1930 IST
Jul 21: Japan July monthly economic report

20/07/2015
Economic Times

Business Standard
Ø  RBI changes tack, steps up spot dollar buys

 Ø  CBI seeks information from SEBI in DLF case

 Ø  India, Russia sign customs pact to boost trade

 Ø  Greece prepares to reopen banks, apply tax hikes

 Ø  Foreign investors add about $1-billion this month

 Ø  More investments in rly will boost economy: Prabhu

 Ø  Airtel in talks to launch branded 4G handset for Rs 4K

Ø  Sebi panel moots new Code for institutional investors

 Ø  RIL to relinquish two gas discoveries off east coast

 Ø  Tata offers to buy out Docomo for Rs 23.34 a share

 Ø  Completion of disinvestment in ten PSUs to depend on market: govt

 Ø  Power exchanges to begin extended market session from Monday
Business Line

Mint
Ø  ONGC Videsh eyes Farzad gas field again as Iran changes contract model

 Ø  Foreign investment sub-limits will apply to defence, banking: DIPP

 Ø  Govt likely to re-promulgate land Ordinance for record fourth time

 Ø  Centre yet to decide on Reliance’s Sasan coal blocks

 Ø  PTC India eyes more medium-term power pacts  

Ø  PE funds eager to take IPO route to exit investments

 Ø  India to build a strategic uranium reserve

 Ø  Return of Iranian oil may cause more OPEC tensions

 Ø  Federal Bank Q1 profit drops 36% to Rs141.39 crore

 Ø  Essar Oil gets BSE nod for delisting, to start reverse book-building process

 Ø  Sun TV’s Red FM to move court against govt’s decision

 Financial Express

Financial Chronicle
Ø  Ownership, easier exit proposed for UMPP firms

 Ø  Parliamentary panel readies report on GST, govt gives in on major demand

 Ø  Top 9 companies add over Rs 77K crore in market cap

 Ø  Tata Motors to raise Rs 4,400 cr via NCDs this fiscal
Ø  Corporates not too optimistic about economic recovery

 Ø  Merger of NSEL with FTIL delayed yet again

 Ø  Oil prices may dip $5-10 per barrel, to aid Indian economy

 Ø  Bajaj Auto skids on poor sales of Discover model
Ø  Scooters India gets a shock: told to go green or face selloff

20/07/2015

 Market Update:
Sgx Nifty +14 pts
Dow -33.80 pts ,Nsdq +46.96 pts , S&P +2.35 pts , Bovespa -727 pts , Ftse -21 pts , Dax -43 pts, Cac +2 pts, Nikkei  Cls pts , now, Crude @ $50.89/brl (-0.02) Brent @ $57.00 (-0.10), Gold @ $1130.30 (-1.60), Silver @ $14.82 (-0.01), Euro @ $1.083, JPY @ $124.069, INR @ $63.474

Today's Corporate Action 
20th July Ex Date
AUROPHARMA Bonus issue 1:1 BATAINDIA Dividend - Rs. - 6.50 BHARATFORG Final Dividend - Rs. - 4.50 
BLUEDART Dividend - Rs. - 20.00 
DLINK Dividend - Rs. - 2.00 GABRIEL Final Dividend - Rs. - 0.60 
HATSUN Interim Dividend - Rs. - 1.50 
JKCEMENT Dividend - Rs. - 4.00 KEC Dividend - Rs. - 0.90 RPGLIFE Dividend - Rs. - 0.80 SHRIRAMCIT Final Dividend - Rs. - 10.50 
TATAPOWER Dividend - Rs. - 1.30 
TCS Interim Dividend - Rs. - 5.50 
THANGAMAYL Dividend - Rs. - 1.00 
WIPRO Final Dividend - Rs. - 7.00
Today's Key Result
20th July

 Ultratch Cem(Cog Est Net 631cr +1% Yoy Result Time-During Mkt )

Ccl Prod,Ds Kulkarni, Hindustan Hardy, Hindustan Zinc,Kajaria Cer,Kitex Garm,Lic Housing,Rane Brakes, Sasken Com,Tata Coffee,Welspun Ind




17/07/2015
Economic Times

Business Standard
Ø   POSCO suspends planned $12 bn Odisha steel project
Ø  GAIL plans to buy US shale gas asset for $1.5 billion
Ø  Greek crisis has shown euro zone is fragile: ECB 
Ø  Iran to remain under threat of sanctions for 15 years
Ø  US jobless claims fall, point to solid labor market
Ø  Govt allows use of its capital to SAARC Fund for infra
Ø  CCI imposes Rs 671 cr penalty on four insurance cos

Ø  Nod to composite cap on foreign investment
Ø  Centre revives plans for HZL-Balco stake sale
Ø  Tata Motors plans to raise up to Rs 4,400 cr this fiscal year
Ø  Cabinet approves Rs 8,548 cr power transmission project
Ø  Sebi asks exchanges to crack down on frivolous trades
Ø  Syngene IPO price band at Rs 240-250
Ø  Weak rains prompt RBI to reverse farm loan norms
Business Line

Mint
Ø  BSE pitches for LTGC tax to check manipulation
Ø  Proposed RE Act gives sweeping powers to the Centre
Ø  New FDI norms may benefit private banks 
Ø  Aluminium industry seeks increase in import duty 
Ø  JSW Steel, Biocon sign MoU for tourism projects
Ø  Mindtree to acquire UK-, US-based firms for Rs 482 cr 

Ø  Allied Blenders buys Telangana distillery for Rs200 crore
Ø  OVL bids for two blocks in Mexico
Ø  RBI tweaks NPA norms for credit card holders
Ø  Tata Motors global sales flat in June; JLR sales decline 3%
Ø  Govt approves bill to scrap 295 obsolete laws
Ø  Titagarh Wagons concludes acquisition of Italy’s Firema Trasporti
Financial Express

Financial Chronicle
Ø  Net neutrality: No free net NLD, local calls
Ø  ADB pegs India's GDP growth at 7.8 pc, sees reforms delay as risks
Ø  BSE Sensex closes at 3-month high; Nifty above 8,600
Ø  Anil Ambani lines up Rs 5K cr more in Pipavav Shipyard
Ø  A P Shah panel on MAT may submit report next week: FM
Ø  Reliance in talks Russia to build frigates

Ø  Govt clears 6-laning of NH NE-II at Rs 7,558 crore
Ø  Listings on BSE’s SME platform cross 100 mark

Ø  Premji buys 1.5% stake in L&T Finance




17/07/2015
SGX Nifty +7 pts (8638) , 
Nikkei +47 pts , Hangseng +84 pts , 
Dow +70.08 pts ,Nsdq +64.24 pts , S&P +16.89 pts , Bovespa +167 pts , Ftse +42 pts , Dax +177 pts, Cac +74 pts, Crude @ $51.10/brl (+0.19) Brent @ $57.15 (+0.23), Gold @ $1142.90 (-1.00), Silver @ $15.00 (-0.01), Euro @ $1.088, JPY @ $124.224, INR @ $63.515
Indian Adr/Gdr

 Infy:+0.95%,     Wit:+0.89%
Ttm:+0.91%,     Rdy:+2.29%
Hdb:+2.69%,     Ibn:+1.17% 
SBID:+1.42%, RIGD:+2.14%
Today's Corporate Action 
17th July Ex Date
CLNINDIA Buy Back of Shares GEOMETRIC Final Dividend - Rs. - 2.50 
GRPLTD Dividend - Rs. - 11.25 NAUKRI Final Dividend - Rs. - 2.00 
ORIENTCEM Final Dividend - Rs. - 1.00 
TATACOFFEE Dividend - Rs. - 1.30 
TITAN Dividend - Rs. - 2.30 TTKPRESTIG Dividend - Rs. - 22.00 
Today's Key Result
17th July

 Acc(Cog Cons Est Net 238cr -2% Yoy)

Bharat Seat,Chowgule Steam,Credit Rating, Crisil,Dishman Pharm,Gic Housing,Inox Leisure, Karnataka Bank, Maithan Alloys,Niit Lld,Omkar Special,Vimta Lab





16/07/2015
Economic Times

Business Standard
Ø  Greek parliament approves tough creditor reforms bill
Ø  IMF threat of Greek bailout pull out challenges Germany
Ø  Government clears 10 FDI proposals worth Rs 1,675 crore
Ø  RIL may look at exporting petrol, diesel to Iran
Ø  Sebi notifies norms for issuance and listing of municipal bonds
Ø  Toshiba to book $3 bn losses over scandal: Sources

Ø  RBI constitutes committee on financial inclusion
Ø  India, Japan paid economic price for sanctions on Iran: Susan Rice
Ø  Sebi speeds up IPO clearing process
Ø  Adani Power sweeps 3 transmission projects  Rs 3,662 cr
Ø  Bharti in talks to buy Idea & Vodafone towers for $1.6 bn
Ø  10 states seek to have their own land laws
Business Line

Mint
Ø  NSE to initiate legal action against perpetrators of misleading reports
Ø  China posts 7% GDP growth in Q2
Ø   Petrol, diesel to be costlier in Delhi as VAT goes up 
Ø  Hero Future Energies wins multiple solar project bids
Ø  Iran's oil return a game changer for OPEC, but not for now 
Ø  GAIL sells 2 mn tonnes US LNG abroad 

Ø  Boeing and Tata announce strategic aerospace partnership to Make in India
Ø  First Fed rate hike likely later this year, says Janet Yellen
Ø  Reliance sells diesel to Indian Railways, first time in a decade
Ø  Thermax acquires 33% stake in First Energy
Ø  Pfizer to shut 55-year-old Mumbai manufacturing plant
Ø  Adani Group looks at Karaikal, 2 other ports for expansion
Financial Express

Financial Chronicle
Ø  BSE fines 530 cos for delay in appointing women directors
Ø  BSE Sensex closes 265 points up at 28,198, Nifty ends above 8520
Ø  Exports continue slide for 7th month; down 15.82 pct in June
Ø  Janet Yellen says economy on track, defends Fed 'transparency'

Ø  Asia ready to buy more Iranian oil when sanctions lifted
Ø  Essar to shut 400,000 bpd refinery for a month from mid-Sept
Ø  Havells India eyes Rs 1,400cr revenue from east in FY16
Ø  IMF calls for Greece debt relief ahead of bailout vote

Ø  Reliance Industrial Infra reports Rs 4.44 cr Q1 net profit

16/07/2015

 SGX Nifty +10 pts (8557) , 
Nikkei +76 pts , Hangseng -79 pts , 
Dow -3.41 pts ,Nsdq -5.95 pts , S&P -1.55 pts , Bovespa -336 pts , Ftse 0.00 pts , Dax +22 pts, Cac +14 pts, Crude @ $51.41/brl (-1.63) Brent @ $57.45 (+0.40), Gold @ $1146.60 (-0.80), Silver @ $15.02 (-0.03), Euro @ $1.094, JPY @ $123.916, INR @ $63.423
Indian Adr/Gdr

 Infy:+1.28%,     Wit:+1.73%
Ttm:+0.33%,     Rdy:+0.13%
Hdb:+0.19%,     Ibn: -0.39% 
SBID: -0.64%, RIGD:+0.29%
Today's Corporate Action 
16th July Ex Date

 BIMETAL Dividend - Rs. - 7.50 CERA Dividend - Rs. - 6.25 COROMANDEL Final Dividend - Rs. - 2.50 
GULPOLY Final Dividend - Rs. - 1.75 
GUPTCIN Reduction of Capital HIGHGROUND Stock Split From Rs.10/- to Rs.1/- 
HITACHIHOM Dividend - Rs. - 1.50 
KELENRG Dividend - Rs. - 2.50 KIRLFER Final Dividend - Rs. - 1.25 
KIRLOSBROS Final Dividend - Rs. - 0.50 
M&M Dividend - Rs. - 12.00 MAYURUNIQ Final Dividend - Rs. - 0.80 
MHRIL Dividend - Rs. - 4.00 NRBBEARING Dividend - Rs. - 1.50 
PERSISTENT Final Dividend - Rs. - 2.50 
PERSISTENT Special Dividend - Rs. - 2.50 
SQSBFSI Final Dividend - Rs. - 20.00 
SUBROS Dividend - Rs. - 0.70 SUKHJITS Dividend - Rs. - 5.00 THERMAX Dividend - Rs. - 7.00 TORRCABS Dividend - Rs. - 1.00 UPL Dividend - Rs. - 5.00 VISAKAIND Final Dividend - Rs. - 5.00 
WABAG Dividend - Rs. - 4.00 ZYDUSWELL Dividend - Rs. - 6.00
Today's Key Result
16th July
A2Z infra,Cmc,Cyient,Db Corp,Delta Corp,Fag Bearing,Mastek,Mind Tree,Tayo Rolls






15/07/2015
#BREAKING NOW: #CHINA Q2 #GDP +7.0 PCT Y/Y (REUTERS POLL +6.9 PCT)

 15/07/2015

 Economic Times

Business Standard
Ø  Iran to have access to $100 bn after curbs: US
Ø  Eurozone to pay 40-50 bn euros of Greek bailout
Ø  S&P thinks India's sovereign rating will remain stable
Ø  Ajay Piramal may invest Rs 300 cr in ReGen Powertech
Ø  Defence proposals worth Rs 30,000 cr cleared, govt to buy 4 spy planes
Ø  Centre to spend Rs 55,000 cr on agricultural sector
Ø  Power Finance Corporation emerges as first issuer 

Ø  RBI sucks out liquidity worth Rs 8,270 cr in OMO sale
Ø  After making loss, Bank of India reports RBI against its auditors
Ø  Sebi releases guidance on AIF's foreign associates
Ø  RBI may lower rates in Aug 4 policy review: Moody's
Ø  TRAI told to clarify revenue impact of landline licence waiver
Ø  Workers' Union at SAIL's Salem Steel Plant issues strike notice
Business Line

Mint
Ø   Service charge collected by hotels is not service tax: FinMin
Ø   Securitisation market set for take-off 
Ø  Divestment: govt calls for pre-bid meeting today 
Ø  L&T Finance acquires 26% stake in Grameen Capital
Ø   Greenko to hit one giga watt generation by Aug-Sept
Ø  Reliance ADAG infused crores in Swan Telecom: CBI 

Ø  China’s healthy 4G ecosystem bodes well for R-Jio in India
Ø  Volvo to export buses manufactured in India to Europe
Ø  Govt to raise energy efficiency targets for industry
Ø  Yes Bank gets RBI nod to open GIFT unit
Ø  Bombay HC sanctions Thomas Cook -Sterling Holiday merger
Ø  Ramco Systems wins multi-million dollar deal from Cobham Aviation
Financial Express

Financial Chronicle
Ø  IOC, HPCL, BPCL to benefit from historic Iranian nuclear deal
Ø  Credit Suisse trims Indian equities' near-term outlook citing premium valuations
Ø  India Inc wants more rate cuts as WPI slips further
Ø  Oil prices tumble further as Iran, global powers reach nuclear deal
Ø  Govt gives security clearance to Chinese telecom Huawei to set up unit in Tamil Nadu

Ø  Forex reserves at 'reasonable' level: RBI
Ø  New category foreigners may get to invest in gilts
Ø  Wholesale inflation at (-)2.4%, in negative zone for 8th month
Ø  Govt moves to prevent stainless steel dumping
Ø  BSE to launch multi-legged order entry in derivatives from Aug

Ø  Fairfax India makes open offer to raise stake to 26% in IIFL



15/07/2015

 Market Update:
Sgx Nifty +10 pts
Dow +75.90 pts ,Nsdq +33.38 pts , S&P +9.35 pts , Bovespa +119 pts , Ftse +15 pts , Dax +32 pts, Cac +34 pts, Nikkei   +85 pts , now, Crude @ $53.28/brl (+0.24) Brent @ $58.75 (+0.24), Gold @ $1154.90 (+1.40), Silver @ $15.33 (+0.01), Euro @ $1.100, JPY @ $123.305, INR @ $63.393
Indian Adr/Gdr

 Infy:+0.26%,     Wit:+0.58%
Ttm: -2.91%,     Rdy:+0.75%
Hdb: -0.16%,     Ibn: -1.34% 
SBID: -0.29%, RIGD: -1.59%

 Today's Corporate Action 
15th July Ex Date

 ALSTOMT&D Dividend - Rs. - 1.80 
BIRLAERIC Dividend - Rs. - 1.00 CENTURYTEX Dividend - Rs. - 5.50 
DHFL Final Dividend - Rs. - 2.00 GHCL Dividend - Rs. - 2.20 HDFC Final Dividend - Rs. - 13.00 
IMFA Dividend - Rs. - 1.50 JYOTHYLAB Final Dividend - Rs. - 4.00 
MAITHANALL Bonus issue 1:11 PANCARBON Dividend - Rs. - 8.00 
SUNILHITEC Dividend - Rs. - 1.80 
TATAELXSI Dividend - Rs. - 11.00 
VINDHYATEL  Dividend - Rs. - 5.00
Today's Key Result
15th July

 Zee Ent (Cog Cons Est 215cr +2% Yoy)
Cera Sanitary,Everest Inds, Gg Dandekar,Hatsun Agro,Ht Media,South Indian Bank,Zensar Tech
Today's Global Data

 Jul 15: US API weekly statistical bulletin for the week ended Jul 10; 0200
IST

 Jul 15: ECOFIN meeting of EU finance ministers, with Greece expected to be discussed

 Jul 15: Bank of Japan July monetary policy meeting

 Jul 15: UK Jun unemployment figures; 1400 IST

 Jul 15: US MBA weekly mortgage applications survey for the week ended Jul
10 1630 IST

 Jul 15: US Jun producer price index; 1800 IST

 Jul 15: US Jul empire state manufacturing survey; 1800 IST

 Jul 15: US Jun industrial production and capacity utilisation data; 1845 IST

 Jul 15: UK Treasury Committee evidence session on Summer Budget; 1915 IST

 Jul 15: US Federal Reserve Chair Janet Yellen presents monetary policy
report To US House Financial Services Committee; 1930 IST

 Jul 15: US EIA petroleum status report for the week ended Jul 10; 2000 IST

 Jul 15: US Federal Reserve Beige Book; 2330 IST
Jul 15: US Federal Reserve Bank of Cleveland President Mester to speak at Columbus Metropolitan Club event





14/07/2015
Economic Times

Business Standard
Ø  Oil traders mount bets on Iran nuclear deal hopes
Ø  Eurozone discusses short-term loan after bailout
Ø  RBI may cut rate by 0.25% next month: BofA-ML
Ø  GMR in race for 5 airports in Philippines worth $2.4 bn
Ø  BPCL to invest $4 bn to double Bina oil refinery
Ø  Impact of Greek developments will be indirect: Fin Secretary

Ø  Greece, euro zone nations reach deal on bailout
Ø  India Ratings: China is bigger concern than Greece for India
Ø  Govt to pay Rs 12/litre kerosene subsidy, full for LPG
Ø  Sebi to auction property related to Pyramid Saimira case
Ø  Steel imports up 50% in Q1; consumption up 7.1%
Ø  Platform Specialty buys UK-based Alent for $2.3 bn
Business Line

Mint
Ø  Consumer price inflation for June spurts to 5.4% 
Ø  $500-m ADB loan likely for Chennai-Vizag corridor 
Ø  China’s faltering economy may hit Indian metals industry 
Ø   Titagarh Wagons acquires Italian firm 
Ø   FMC to bar brokers named in NSEL scam from bourses 
Ø  MCX gains on favourable verdict against Metro SE 
Ø  27% teas unsold at Coonoor sale despite dip in prices

Ø  State-run banks can sell $8 billion non-core assets to raise capital: Jefferies
Ø  SC clears ED proceedings against Vijay Mallya, imposes costs
Ø  Essel Propack to sell lamination packaging unit to Australian firm
Ø  Adani Group gets final go-ahead on Vizhinjam port project
Ø  HCL to buy assets of US-based Trygstad Technical Services
Financial Express

Financial Chronicle
Ø  Global warming may eat up $200 bn crops globally by 2050: Study
Ø  India among 13 countries to host Windows 10 launch on July 29
Ø  Vedanta looks to regain market share after Goa mining resumption
Ø  IndusInd Bank Q1 net profit jumps 25% to Rs 525 crore
Ø  Govt growth estimates not in line with ground reality: Bajaj

Ø  Strong eco growth in India to revive steel demand: Moody's
Ø  Suven Life gets patent for neuro-degenerative related products
Ø  Ventura Power pledges its 2.65% stake in Adani Power
Ø  IGL raises stake in MGNL to 50%
Ø  Sanghi Ind to invest up to Rs 1500 cr for capacity expansion

Ø  Equity exposure to slowly change PF portfolio

14/07/2015
Market Update:
Sgx Nifty +1 pts
Dow +217.24 pts ,Nsdq +73.82 pts , S&P +22.98 pts , Bovespa +528 pts , Ftse +64 pts , Dax +168 pts, Cac +95 pts, Nikkei   +278 pts , now, Crude @ $51.74/brl (-0.46) Brent @ $57.40 (-0.45), Gold @ $1155.90 (+0.50), Silver @ $15.44 (-0.02), Euro @ $1.099, JPY @ $123.069, INR @ $63.518
Indian Adr/Gdr

 Infy:+0.39%,      Wit:+0.67%
Ttm:+0.48%,     Rdy: -0.07%
Hdb:+0.23%,     Ibn:+0.00% 
SBID:+0.13%, RIGD:+0.36%
Today's Corporate Action 
14th July Ex Date

 ACGL  Final Dividend - Rs. - 12.50 
ALSTOMPROJ Dividend - Rs. - 10.00 
ATFL Dividend - Rs. - 2.00 BLUECHIPT Dividend - Rs. - 1.20 
IGARASHI Dividend - Rs. - 4.44 LUPIN Dividend - Rs. - 7.50 NOVARTIND Dividend - Rs. - 10.00 
TIDEWATER Final Dividend - Rs. - 250.00

Today's Key Result
14th July

 Dcb Bank,Gilada Fin,Hinduja Media Ven,Jhs Svend,Niit Tech
Today's Data Alert
14th July 
WPI Inflation Data IST 12pm

 Est -2.2% Prior -2.36%
Srcs Cogencis 

Today's Global Data

 Jul 14: UK Jun BRC-KpmG retail sales monitor; 0431 IST

 Jul 14: Eurozone finance ministers expected to discuss Greece after weekend talks on debt plan

 Jul 14: Germany Jun CPI; 1130 IST

 Jul 14: European Central Bank lending survey; 1330 IST

 Jul 14: UK Jun producer prices; 1400 IST

 Jul 14: UK Jun inflation figures; 1400 IST

 Jul 14: UK May CML monthly housing trends; 1400 IST

 Jul 14: UK May ONS house price index; 1400 IST

 Jul 14: Eurozone May industrial production; 1430 IST

 Jul 14: UK Treasury Committee evidence sessions with Mark Carney on Bank of England's Inflation Report and Financial Stability Report; 1435
IST

 Jul 14: US Jun NFIB index of small business optimism; 1530 IST

 Jul 14: US Jun Retail Economist/Goldman Sachs weekly chain store sales Index for the week ended Jul 11; 1715 IST

 Jul 14: US Jun import and export price indexes; 1800 IST

 Jul 14: US Jun advance monthly sales for retail and food services; 1800 IST

 Jul 14: US Johnson Redbook retail sales index for week ended Jul 11; 1825
IST
Jul 14: US May manufacturing and trade data; 1930 IST
13/07/2015

 Indian markets are expected to trade in a range on Monday tracking muted trend seen in other Asian markets.

 Nifty July Future gave closing at 8376.50 with weekly losses of 111.50 points on Friday. Technically, Nifty Future is trading in narrow range of 8300 - 8500 levels; it is expected to continue to trade sideways.

 Overall, markets are expected to remain volatile. The Nifty has managed to hold on to the 8,350 mark so far. If the outcome in Greece is positive, we could see Nifty touch 8,500 yet again. On the other hand, if the Nifty breaks 8,250, we could see a fall to 8,000 levels again soon.

 "On the upside, if it manages to sustain above its important resistance level of 8500 on closing basis, its next resistance is at 8700 levels and on down side immediate support level is at 8150, if it breaches the range on the lower side," says Vivek Gupta, CMT - Director Research, CapitalVia Global Research Limited.

 Among individual stocks, IndusInd Bank is scheduled to announce Q1 results on Monday. 

 The IIP data for the month of May will also impact trading on Monday.  Manufacturing has slowed down to 2.2 per cent in May.

 The government is set to unveil the Consumer Price Index (CPI) data for the month of June on Monday. 

 Here is a list of twelve stocks which are likely to remain in focus today:

 Asian Paints Ltd: Asian Paints Ltd on Friday informed BSE that the operations at the Company's paint Plant situated at Sriperumbudur, Tamil Nadu, have returned to normalcy.

 IndusInd Bank Ltd: Median of 12 analysts estimate shows IndusInd Bank 1Q profit may rise to 5.08b rupees from 4.21b rupees a yr earlier, Reuters said in a report.

 Dhanalakshmi Bank: A bank union today demanded the merger of beleaguered Kerala-based lender Dhanalakshmi Bank with a nationalised bank, alleging mismanagement.

 Gail India Ltd: Gail has launched a tender to buy two liquefied natural gas ( LNG) cargoes for prompt delivery, linked to demand for gas by various local fertiliser companies, Reuters said in a report quoting two trade sources.

 Novartis India: The pahrma major's transfer of its animal health business to an affiliate of Eli Lilly in India as part of a global deal has been extended till June next year due to pending regulatory approvals here.

 MRPL: The Mangalore Refinery and Petrochemicals (MRPL) has made its first purchase of Brazil's Ostra crude, two trade sources with knowledge of the deal said on Friday.

 M&M Ltd: Auto major Mahindra & Mahindra will seek shareholders' approval to raise up to Rs 5,000 crore through issuance of securities on private placement basis in domestic and/or international markets.

 PowerGrid Corporation of India: The company has scrapped its Rs 3,500-crore bond sale last week as investors balked at its demand for lower pricing after indicating a higher one since the yields began to fall after indicated pricing.

 Emami Ltd: FMCG major Emami is scouting for acquisitions to expand its product offerings as the company enters into next phase of growth in consumer care products segment.

 Tata Steel Ltd: The threat of the first major strike in Britain in nearly three decades seems to have been averted as Tata Steel UK's workers are expected to sign a new deal to end a pensions row.

 ONGC: ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp, has decided not to exit a Vietnam oil block in the contested waters of the South China Sea despite poor hydrocarbon prospectivity.

 VA Tech Wabag Ltd: The Chennai-based multinational in water and waste water treatment, has bagged a contract to operate and manage Istanbul's entire waste water system.
Sintex Industries Ltd: Textile and plastic company Sintex Industries registered a 12 per cent growth in its consolidated net profit at Rs 69 crore during the quarter ended June 30, mainly on account of growth in its custom molding business.



13/07/2015

 Economic Times

Business Standard
Ø  NPA-laden PSBs to get additional Rs 12K-crore
Ø  Eurozone summit aims to keep Greece in single currency
Ø  Chinese police find "clues" of $3.2 tn mkt crash
Ø  MF houses expect EPFO entry to boost equity ETF space
Ø  Tata Steel UK expected to escape first major strike
Ø  FIPB to take up 47 foreign investment proposals
Ø  FPIs turn net buyers, pump in Rs 4,000 crore in July

Ø  No shareholding restrictions on BRICS Bank loans: Kamath
Ø  Prevention better than cure: RBI on farm loan waivers
Ø  Vedanta confident of closing Cairn merger by March 2016
Ø  Sahara asks US court to reject attachment plea for hotels
Ø  OVL not to exit Vietnam block despite poor prospectivity
Ø  Sebi to overhaul disclosure norms for tighter leash on insider trading
Business Line

Mint
Ø  8-10% growth target appears within reach: Jaitley
Ø  BSE asks brokers to submit monthly statement on suspicious transactions
Ø  Green nod for 57 ore mining leases in Goa, but with rider 
Ø  Nabard aims Rs. 30,000 cr farm credit for irrigation
Ø  Factorial allowed to access Indian markets again 
Ø  Over 16 lakh investor a/c added in stock markets in one year 

Ø  Cairn-Vedanta merger will deliver economies of scale: Navin Agarwal
Ø  Dr Reddy’s bets on North America, emerging mkts for growth
Ø  SBI to provide all info of distressed asset under auction
Ø  Snapdeal to invest $200mn to improve logistics, train sellers
Ø  Emami scouting for acquisitions to expand product pipeline
Financial Express

Financial Chronicle
Ø  China troubles not good news for India: Assocham
Ø  Top 6 Sensex companies lose Rs 62,808 crore in m-cap; TCS takes big hit
Ø  Discom Tata Power offers 50% discount on 5-star Acs in Delhi
Ø  Indian exports may face adverse prospects in TPP markets
Ø  NRI forms joint venture to attract Indian investment to United States

Ø  Commexes' Q1 turnover touches Rs 16 lakh cr mark, up 15.84%
Ø  Equity MFs get retail touch, folio count up 9 lakh in June quarter
Ø  China's rich seek shelter from stock market storm in foreign property

Ø  Swedish firm’s electric 3-wheeler Zbee set to hit Indian roads

13/07/2015
Market Update:
Sgx Nifty +6 pts
Dow +211.79 pts ,Nsdq +75.30 pts , S&P +25.31 pts , Bovespa +808 pts , Ftse +91 pts , Dax +319 pts, Cac +145 pts, Nikkei  +159 pts , now, Crude @ $52.15/brl (-0.59) Brent @ $58.06 (-0.67), Gold @ $1161.10 (+3.20), Silver @ $15.59 (+0.10), Euro @ $1.114, JPY @ $122.459, INR @ $63.400
Indian Adr/Gdr
Infy:+0.45%,   Wit:+1.69%
Ttm:+1.19%,   Rdy:+1.81%
Hdb:+2.76%,   Ibn:+3.15% 
SBID:+0.26%, RIGD:+2.11%

Today's Corporate Action 
13th July Ex Date

 UFLEX Dividend - Rs. - 2.70

Today's Key Result
13th July

 Indus Ind Bank(Cog Est Net 508cr +21% Yoy Time-During Mkt Hrs)

I power,Jay Bharat Maruti, Petron Eng,RIIL,Urja Global

13/07/2015

 Breaking News

 "Talks on Greece Bail out fails, after European Union rejects the new proposals" GREECE UPDATE : Germany readies 5-yr temporary Grexit plan : Agencies GREECE UPDATE : Germany readies Grexit plan after Eurogroup fails to reach agmt: Agencies


10/07/2015
8367 + 26 sgx

 10/07/2015
Market Update:


Today's Corporate Action 
10th July Ex Date
ALFREDHE Dividend - Rs. - 2.00 BANKINDIA Final Dividend - Rs. - 5.00 
BLUESTARCO Dividend - Rs. - 5.00 
CCL Final Dividend - Rs. - 1.50 DRREDDY Final Dividend - Rs. - 20.00 
EDELWEISS Final Dividend - Rs. - 0.20 
FCH Dividend - Rs. - 2.20 JSWENERGY Dividend - Rs. - 2.00 
KARURVYSYA Dividend - Rs. - 13.00 
POLYCHEM Dividend - Rs. - 2.50 RANEENGINE Dividend - Rs. - 2.50 
VIPIND Final Dividend - Rs. - 1.00 
VOLTAS Dividend - Rs. - 2.25

Today's Key Result
10th July
Gruh Fin,I G Petro,Kemrock Inds,Revathi equip,Sree Rayaseema Alk,Srs Ltd
Today's Global Data
Jul 10: US foreign central bank holdings; 0200 IST

 Jul 10: US money stock measures; 0200 IST

 Jul 10: US Federal discount window borrowings; 0200 IST

 Jul 10: Japan Jun corporate goods price index; 0520 IST

 Jul 10: Japan electric power output; 0730 IST

 Jul 10: Japan Jun consumer confidence survey sentiment index; 1030 IST

 Jul 10: Eurozone long term interest rate statistics; 1330 IST

 Jul 10: UK May trade balance data; 1400 IST

 Jul 10: US May wholesale trade inventories; 1930 IST

 Jul 10: US World Agricultural Supply and Demand Estimates; 1930 IST
Jul 10: Germany May balance of payments

10/07/2015
Dow:17548     +33   +0.19%
Nasdaq:4922  +12   +0.26%
S&P500:2051   +4    +0.23% 
Nikkei:19751  -103   -0.52%
Infy: -0.26%,      Wit: -0.76%
Ttm:+1.04%,     Rdy:+0.67%
Hdb:+0.94%,     Ibn:+1.20% 
SBID:+1.76%, RIGD: -0.48%
Us/Inr: $63.39,  Eu/Us:1.10
DIX:  96.35,       JPY: 121.60
Gold: $1159, Silver: $15.40
Oil: $52.70,   Brent: $58.50
US10-YR : 2.3427% +0.04  
SGX Nifty: 8329.00 -17.50
Economic Times

Business Standard

 Ø  ICICI Bank may sell Home Finance arm for Rs 4,400 cr

 Ø  Wipro Digital to acquire Denmark design firm Designit

 Ø  India to beat China again as fastest-growing in 2016: IMF

 Ø  US jobless claims rise to highest level since Feb

 Ø  India overtakes China in high-end phone volume growth

 Ø  Deadline puts Greece's euro membership, debt on table

 Ø  P&G to sell beauty business to Coty in $12.5 bn deal

Ø  NYSE crash: Sebi, exchanges review risk management systems

 Ø  A China-like rout is unlikely on Dalal Street anytime soon

 Ø  JSW in talks to buy Monnet Ispat's Odisha power plant

 Ø  Modi proposes 10-point initiative for BRICS nations

 Ø  IDFC to apply for final bank licence July 10

 Ø  Sebi should not dilute RPT norms, says IiAS

 Business Line

Mint

 Ø  TCS posts 13% rise in Q1 net, beats estimates

 Ø  Despite signs of revival, cement demand remains weak 

 Ø  Restore systemic failure in 4 hours: regulator to DPs 

 Ø  1:1 bonus from Aurobindo 

 Ø  Bombay Dyeing gets nod for sale of Pune unit 

 Ø  PMC Fincorp board approves 1:1 bonus issue 

Ø  Banking exposure to stressed firms up 85% since FY12: UBS

 Ø  Bandhan Bank strikes deal to raise Rs.1,500 cr

 Ø  RBI introduces prepaid cards for mass transit systems

 Ø  Aditya Birla Nuvo enters solar power business

 Ø  Bajaj Corp Q1 net up 19.94% at Rs.47.51 crore

 Ø  JSW Energy in pact to acquire Monnet Power

 Financial Express

Financial Chronicle

 Ø  BSE Sensex closes 114.06 points down to 27,573.66, NSE Nifty below 8,350

 Ø  Lenders nod to Bhushan Steel for Rs 30K cr loan restructuring

 Ø  Arun Jaitley hopeful of GST bill passage in upcoming Parliament session

 Ø  Indian Angel Network invests Rs 3.84 cr in Infinity Assurance

Ø  BRICS Bank to keep borrowers' interest in mind: Kamath

 Ø  Wipro to acquire Designit for 85 million euros

 Ø  Indian business dreads lifting of Iran sanctions

 Ø  Govt to create 50 lakh jobs in highways, shipping
Ø  Income Tax Dept eyes Rs 2.56 lakh cr tax mop up from Mumbai in FY16







09/07/2015
hangsang 1300++ 
dow future 128++
09/07/2015
Economic Times

Business Standard
Ø  India, Kazakhstan ink deals on uranium supply & defence
Ø  Greece crisis: Govt prepared to face any situation
Ø  India, US to sign tax information sharing pact : Sources
Ø  Yes Bank plays down bad loan worries after UBS report
Ø  MF global asset base climbs to record $74 tn in 2014
Ø  Lenders nod to Bhushan Steel for Rs 30K crore loan

Ø  India Inc gives Rs 4.5-lakh-cr forex debt headache
Ø  India, Russia sign MoU for funding of hydro-generation projects
Ø  Rosneft signs deal to buy stake in Essar Oil
Ø  India to be made SCO permanent member: Putin to Modi
Ø  India to contribute $18 bn to BRICS forex reserves pool
Ø  FII holding in Indian insurance promoter not part of total FDI
Business Line

Mint
Ø  Greece seeks3-yr loan, pledges to enact reforms next week 
Ø  NHAI, PFC, NTPC, 4 others to issue Rs. 40K cr tax free bonds
Ø  Tata invests in Coimbatore electric vehicle start-up Ampere 
Ø  Watch out for bubbles: SEBI’s advisory body 
Ø  US FDA asks Sharon Bio to pay user fee dues
Ø  CG to supply electrical motors to Lafarge worldwide

Ø  US stocks fall as Treasuries rise amid China rout, Fed concern
Ø  NYSE suspends trading in all securities
Ø  US Ex-Im bank suspends $1 billion loan for energy in India
Ø  Brazilian regulator suspends Lupin’s drug import, stock dips
Ø  Infosys bags multi-million euro deal from Deutsche Bank
Ø  CMC April-June consolidated net profit falls 3.7%
Financial Express

Financial Chronicle
Ø  Confidence level in India continues to rise: S&P
Ø  Reliance Industries completes 49.9% stake sale in US pipeline venture for $1bn
Ø  Greek PM Alexis Tsipras pleads for fair deal for Greece in EU parliament
Ø  June sees 2nd best monthly mutual fund inflows at Rs 123 bn

Ø  Chinese stocks sink on shattered investor confidence
Ø  India invites Canadian firms to invest in energy infra
Ø  Japan’s sportswear brand Asics forays into Indian market
Ø  Microsoft writes off $7.6b in Nokia deal; to cut 7,800 jobs
Ø  WDM witnesses trade worth Rs 1,579.90 crore on NSE
Ø  Premji gives half of his stake in Wipro for charity











09/07/2015
SGX Nifty -30 pts (8339) from last trade 8369 , 
Nikkei -446 pts , Hangseng -81 pts , 
Dow -261.49 pts ,Nsdq -87.70 pts , S&P -34.68 pts , Bovespa -561 pts , Ftse +58 pts , Dax +70 pts, Cac +34 pts, Crude @ $51.81/brl (+0.16) Brent @ $57.19 (+0.14), Gold @ $1157.80 (-5.70), Silver @ $15.08 (-0.09), Euro @ $1.107, JPY @ $120.627, INR @ $63.596

 Indian Adr/Gdr

 Infy: -2.69%,      Wit: -1.41%
Ttm: -6.78%,     Rdy: -1.00%
Hdb: -4.56%,     Ibn:  -3.37% 
SBID: -2.24%, RIGD: -0.80%
Today's Corporate Action 
9th July Ex Date
21STCENMGM Final Dividend - Rs. - 2.00 
AXISBANK Dividend - Rs. - 4.60 BAJAJ-AUTO Dividend - Rs. - 50.00 
BAJAJFINSV Dividend - Rs. - 1.75 
BAJAJHLDNG Dividend - Rs. - 32.50 
BAJFINANCE Dividend - Rs. - 18.00 
BHARATSE Dividend - Rs. - 0.90 BNRSEC Dividend - Rs. - 1.50 CYIENT Final Dividend - Rs. - 5.00 
ECLERX Dividend - Rs. - 35.00 EMPIND Dividend - Rs. - 24.00 GICHSGFIN Dividend - Rs. - 5.00 
JETKING Final Dividend - Rs. - 1.00 
KBIL Amalgamation 
KBIL Spin Off 
MAHSCOOTER Dividend - Rs. - 30.00 
MONEYMATF Final Dividend - Rs. - 1.50 
NOCIL Dividend - Rs. - 1.00 PANAENERG Dividend - Rs. - 7.00 
RBL Dividend - Rs. - 7.00 SHREYAS Dividend - Rs. - 1.30 SILINV Dividend - Rs. - 1.25 SURAJLTD Dividend - Rs. - 1.50 SUTLEJTEX Dividend - Rs. - 10.00 
SWARAJENG Dividend - Rs. - 15.00-
WENDT Final Dividend - Rs. - 15.00 
ZEEL Dividend - Rs. - 2.25


08/07/2015
Economic Times

Business Standard

 Ø  Prospects of new Greek rescue rise at euro zone summit

 Ø  Govt to roll out $20 billion food security plan by December

 Ø  IOU-currency would put Greece in line to quit euro

 Ø  US trade deficit widens on fall in exports

 Ø  Govt orders audit of mobile networks to check call drops

 Ø  Cos put debt over equity, raise Rs 1.33 lakh cr from markets

 Ø  India likely to sign US tax compliance law FATCA on Thursday

Ø  Greek crisis prompts SBI to delay $1.5-billion bond sale

 Ø  India overtakes US as 3rd largest steel producer: Tomar

 Ø  FMC reduces trading time of evening session by two hours

 Ø  Adani Group in advanced talks to take over L&T's Kattupalli terminal

 Ø  Lenders seek new promoter for Electrosteel Steels

 Ø  HUL, Gillette settle trademark dispute amicably

 Business Line

Mint

 Ø  India seeks $2 bn from World Bank, ADB for rooftop solar projects

 Ø  RBI prepares to mop up excess liquidity to counter inflation

 Ø  ‘India needs to keep an eye on China rather than Greece’

 Ø  PNGRB to call fresh bids for city gas distribution licenses

 Ø  IOC-Adani combine bids for CNG retail licence in 5 cities

 Ø  Nestle pays Ambuja Cements Rs 20 cr to destroy Maggi packets

Ø  United Spirits exits from United Breweries via block deal

 Ø  Hindalco said to seek refinancing of $2.4 billion debt

 Ø  HDFC MF sells 2.01% stake in P&G for Rs.429 crore

 Ø  McLeod Russel India, world’s biggest tea producer, set to gain from Kenya dry spell

 Ø  IDBI signs refinance agreement with Mudra Bank

 Ø  Karbonn set to start assembly lines, factory in India

 Financial Express

Financial Chronicle

 Ø  Rate cuts, not reforms, key to immediate recovery: BofA ML

 Ø  Sensex falls 37.07 pts to end at 28,171.69 in volatile trade; Nifty above 8,500

 Ø  Rel Ind to sell 3.1% in Network 18; may get Rs 173.55 cr

 Ø  Govt initiates stake sale in 8 PSUs, CPSE ETF; looks to mop up Rs 18,000-19,000 cr

Ø  Greek crisis likely to impact rupee value

 Ø  Inflation pressure prepares RBI to mop up liquidity

 Ø  Turbo Megha set to take off in south India

 Ø  Maruti confident of double-digit growth despite pressure

 Ø  Raymond aims to Home in on ‘double’ growth
Ø  Oilmeal export down by 34% in June at 1.37 lakh tonnes

08/07/2015

 Nikkei  20,067  -310   -1.52%

 Hang Seng    23,763     -1212 -4.85%

Shanghai   3,452   -275 -7.38 %

08/07/2015
SEBI asks 75 firms to restate financial accounts

 Markets watchdog Sebi and stock exchanges have asked at least 75 listed firms (BSE – 30 firms; NSE- more than 40) to restate their financial accounts after addressing audit red-flags issues.
According to the sources, the companies which have been ordered to restate their financial accounts comprise of Kingfisher Airlines, United Breweries Holdings Ltd (UBHL), Financial Technologies India Ltd (FTIL), Videocon Industries, GMR Infra, NHPC, Lanco Infra, DCM Financial Services, GTL Ltd, Kitply, Oudh Sugar Mills, CESC, Binani Industries, Indowind, Bartronics, Indian Metal and Ferro Alloys (IMFA), Century Extrusions and Next Media works.
08/07/2015
Market Update:
Sgx Nifty -41 pts
Dow +93.33 pts ,Nsdq +5.52 pts , S&P +12.58 pts , Bovespa +194 pts , Ftse -103 pts , Dax -213 pts, Cac -106 pts, Nikkei   -80 pts , now, Crude @ $52.81/brl (+0.48) Brent @ $57.22 (+0.37), Gold @ $1154.70 (+2.10), Silver @ $15.07 (+0.10), Euro @ $1.100, JPY @ $122.399, INR @ $63.460

Today's Corporate Action 
8th July Ex Date
CAIRN Final Dividend - Rs. - 4.00 
ELEMARB Final Dividend - Rs. - 2.00 
FEDERALBNK Bonus issue 1:1 GREENPLY Dividend - Rs. - 3.00 KOTAKBANK Bonus issue 1:1 KTKBANK Dividend - Rs. - 5.00 MANVIJAY Bonus issue 1:1 MBLINFRA Final Dividend - Rs. - 3.00 PALRED Reduction of Capital

Today's Key Result
8th July
8k Miles,Goa Carbon,Jhs Sven,Lee&Nee Soft

Today's Global Data
Jul 8: US May consumer credit; 0030 IST

 Jul 8: American Petroleum Institute's weekly petroleum stocks for week ended Jul 3; 0200 IST

 Jul 8: UK Jun Recruitment and Employment Confederation/KPMG jobs report;
0431 IST

 Jul 8: UK Jun shop price index; 0431 IST

 Jul 8: Japan Jan-Mar revised balance of payments; 0520 IST

 Jul 8: Japan May balance of payments; 0520 IST

 Jul 8: Japan Jun 1-20 provisional trade statistics; 0520 IST

 Jul 8: Japan Jun bank lending; 0520 IST

 Jul 8: Japan Jun international transactions in securities. 0520 IST

 Jul 8: Japan Jun corporate insolvencies; 1000 IST

 Jul 8: Japan Jun economy watchers survey; 1030 IST

 Jul 8: Germany May manufacturing turnover; 1130 IST

 Jul 8: UK Jun Halifax house price index; 1230 IST

 Jul 8: UK Financial Policy Committee latest meeting record; 1400 IST

 Jul 8: US MBA mortgage applications survey for week ended Jul 3; 1630 IST

 Jul 8: UK Chancellor Osborne's summer budget; 1700 IST

 Jul 8: US Treasury Secy Lew to speak on five years of Dodd-Frank Wall Street Reform and Consumer Protect Act; 1800 IST

 Jul 8: US Energy Information Administration petroleum status report for week
ended Jul 3; 2000 IST
Jul 8: UK Office for Budget Responsibility to publish economic forecast
07/07/2015
SGX Nifty -6 pts (8531) from last trade 8537 , 
Nikkei +268 pts , Hangseng +155 pts , 
Dow -46.53 pts ,Nsdq -17.27 pts , S&P -8.02 pts , Bovespa -370 pts , Ftse -50 pts , Dax -167 pts, Cac -96 pts, Crude @ $52.93/brl (+0.40) Brent @ $57.11 (+0.57), Gold @ $1168.60 (-4.60), Silver @ $15.68 (-0.08), Euro @ $1.105, JPY @ $122.699, INR @ $63.400
Indian Adr/Gdr
Infy: -0.50%,      Wit: -0.49%
Ttm: -1.57%,     Rdy:+3.16%
Hdb:+0.21%,     Ibn: 0.00% 
SBID: -0.71%, RIGD:+1.12%

Today's Corporate Action 
7th July Ex Date
HONAUT Dividend - Rs. - 12.50 SOUTHBANK Dividend - Rs. - 0.60 
SUNDARMFIN Final Dividend - Rs. - 6.00
Today's Key Result
7th July

 Cmc ltd,

Jarigold Textile Ltd


07/07/2015
Economic Times

Business Standard
Ø Oil crashes 8 pc as Greek vote, Iran talks set off exodus 
Ø Sebi charts cyber policy for bourses,other bodies
Ø Private Equity firms invest $4 bn in Apr-Jun qtr
Ø Mahindra to make naval equipment with UK firm
Ø Sufficient rains needed this week to save kharif crops: ICAR
Ø Power Grid clears 2,247 cr for green energy push

Ø India insulated from Greece but rupee may get hit: Govt
Ø NSEL seeks legal options against FMC
Ø EPFO proposes curb on premature PF withdrawal
Ø Relief to upstream firms in Q2 as Dubai crude recovers: Moody's
Ø RIL to offload 3.1% stake in Network18
Business Line

Mint
Ø China threat: PSUs may have to buy 35% of steel from domestic firms
Ø Federal Bank to turn ex-bonus on Wednesday
Ø Kerala millers urge Centre not to impose duty on wheat imports 
Ø dmgi invests $5 m in realty data firm Liases Foras 
Ø Violation of Foreign Trade Act: DGFT to impose penalty on Haldia Petro 

Ø Fitch says stressed asset ratios at Indian banks may have peaked in FY15
Ø Greece enters uncharted territory after referendum ‘no’ vote
Ø IOC, other state-run refiners turn sights to Latin America
Ø Hinduja-Everstone consortium in race to buy CARE Hospitals
Ø Mumbai court adjourns Nusli Wadia hearing
Financial Express

Financial Chronicle
Ø Eurozone summit on Greece confirmed for Tuesday: EU chief
Ø Oil falls on Greece referendum 'no' vote, China stock market turmoil
Ø Sterlite Tech eyes defence contract worth Rs 7,000 cr
Ø A month into Maggi fiasco, instant noodles sales crash 90%
Ø Greek co wants damages from Indian-origin investor and Softbank VC Nikesh Arora

Ø Banks may find it a little easy on profitability: Fitch
Ø Govt warns of consequences for non-disclosure of fgn assets
Ø IRDA puts a fine of Rs 10 lakh on Tata AIA Life Insurance
Ø NHPC to develop hydroelectric projects in Darjeeling

Ø Future Retail allots shares worth Rs 92.71-cr to promoter group





06/07/2015
Economic Times

Business Standard

 Ø  Food inflation not much correlated with monsoon: Study

 Ø  Govt, RBI to fast-track foreign inflows into AIFs

 Ø  Sebi to clamp down on broker-promoter nexus

 Ø  JK Tyre leads race for Rs. 2,000 cr Birla Tyres deal

 Ø  Sahara contained world's largest freshwater lake

 Ø  ABCIL gets nod for merger with Grasim Industries

 Ø  BRICS nations to chart out common economic strategy for trade

Ø  Greeks say 'No' to bailout, show partial poll results

 Ø  Apex life insurance body apprehends PMJJBY viability

 Ø  GST, land bill necessary for 8-10% growth: Arun Jaitley

 Ø  Deutsche Bank's $1 billion investment faces fresh probe

 Ø  Subdued demand hits NMDC; cuts iron ore rates by 30% since Jan

 Ø  Chhabria's ABD to acquire Tilaknagar Industries

 Business Line

Mint

 Ø  10 m tonnes of coal will be auctioned to power sector: Goyal

 Ø  China’s brokerages pledge to buy $19.3 bln in shares to stabilise market

 Ø  BSE sets new norms for bidding in OFS segment

 Ø  NTPC, PTC India allowed dollar-linked tariffs for new solar projects

 Ø  SAT defers Reliance Ind case to Aug 12

 Ø  L&T delivers indigenously designed reactor for nuclear plant

Ø  Europeans tried to block IMF debt report on Greece: report

 Ø  NSE plans to seek board approval for listing

 Ø  Maruti to set up new retail outlets to sell premium products

 Ø  Adani Gr to set up solar park in Tamil Nadu for Rs4,536-cr

 Ø  SBI Group’s share in debit card payments touches 25% in FY15

 Ø  Sterlite to invest Rs400crore on optic fibre project

 Financial Express

Financial Chronicle

 Ø  Black money compliance window: Now, overseas stash can be declared online

 Ø  Top 8 Sensex companies add Rs 25,217.48 cr in market valuation

 Ø  Bharti Airtel blames lack of mobile towers for frequent call drops

 Ø  New GDP numbers based on scientific methodology: NITI Aayog's Arvind Panagariya

Ø  DoT panel against Facebook's Internet.Org

 Ø  Low inflation offers scope of RBI rate cut to boost growth: SBI

 Ø  Undue benefits of Rs 156 crore provided to IT companies: CAG

 Ø  FPIs net inflows plunge to Rs 547 cr in June qtr

 Ø  Bandhan to start banking operations from Aug 23
Ø  China's stock market crash may derail govt's economic reforms

06/07/2015
Market Update:

 Sgx Nifty -68 pts
Dow Cls pts ,
Nasdaq Cls pts , 
S&P Cls pts , 
Bovespa -586 pts , 
Ftse -44 pts , 
Dax -40 pts, 
Cac -27 pts, 
Nikkei  -240 pts , 
now, 
Crude @ $55.07/brl (-0.44) 
Brent @ $59.72 (-0.60), Gold @ $1170.90 (+7.40), 
Silver @ $15.67 (+0.10), Euro @ $1.103, 
JPY @ $122.549, 
INR @ $63.439

 Dow fut -176 , 
Ftse fut -124 , 
Cac fut -139 , 
Dax fut -313 , 
Hangseng fut -370


Today's Corporate Action 
6th July Ex Date

 BALKRISIND Final Dividend - Rs. - 2.40 
JSWSTEEL Dividend - Rs. - 11.00 
MENONBE Dividend - Rs. - 0.80 SASKEN Buy Back of Shares VEDL Final Dividend - Rs. - 2.35
Greece rejects bailout .
With 97% vote counted ,
61% voted NO .










03/07/2015
Economic Times

Business Standard
Ø  IMF warns of huge financial hole as Greek vote looms
Ø  ED attaches land worth Rs 1K cr in US fraud case
Ø  Strong dollar knocks off $1 tn from US pension assets
Ø  BP settles US 2010 oil spill claims for $18.7 billion
Ø  Cabinet gives nod to new skill and entrepreneurship policy
Ø  Rajat Gupta fails to void insider trading conviction

Ø  Growth is picking up, says Raghuram Rajan
Ø  Airtel sells towers in 5 African countries for $1.3 bn
Ø  FII- MAT tussle stuck at 'place of business' roadblock
Ø  NCDEX launches gold delivery centre in Hyderabad
Ø  Sebi plans new outsourcing policy for exchanges, key entities
Ø  Nikkei takes over Asia Markit PMI series sponsorship from HSBC
Business Line

Mint
Ø  FII limit in G-secs to be revised twice a year: Rajan
Ø  Sun TV moves apex court against ED attaching its assets
Ø  Finally, national number portability rolls out today
Ø  Lupin buys Russia-based Biocom
Ø  Sundaram Mutual puts entry barrier for high-risk schemes
Ø  Cabinet clears common norms for all skill development schemes

Ø  RBI says economy recovering, exposure to Greece limited
Ø  Rs50,000 cr irrigation scheme cleared to boost agriculture
Ø  DIIs’ equity investment in June quarter at a record high
Ø  Rajesh Exports may buy European firm for up to $500 million
Ø  India in talks with ADB, World Bank for $2 bn loan for PGCIL
Ø  Copper market weighed down by surplus
Financial Express

Financial Chronicle
Ø  Greece must reform before debt relief: IMF chief
Ø  Reliance Power gets 5/25 relief for two thermal projects
Ø  Mobile cos to roll out national MNP today
Ø  Monsoon will be normal in July; sticking to our forecast: Skymet
Ø  Essar created 'corporate veil' to conceal holding in Loop Telecom: CBI
Ø  Ratan Tata joins Jungle Ventures as Special Advisor

Ø  Rate cut fails to boost India consumer sentiment: Survey
Ø  PE investments up 80% to over $4b in Q2, 2015
Ø  Govt allocates Rs 200 cr for national agri market
Ø  Capgemini’s $4b deal to acquire IGATE gets CCI nod
Ø  Dalmia Cement Bharat forays into Maharashtra
Ø  Birla Corp plans to raise cement capacity to 15 mt

Ø  SBI sees rates remaining steady till credit growth moves up

03/07/2015
Market Update:
Sgx Nifty +5 pts
Dow -27.80 pts ,Nsdq -3.91 pts , S&P -0.64 pts , Bovespa +348 pts , Ftse +21 pts , Dax -81 pts, Cac -47 pts, Nikkei  -54 pts , now, Crude @ $56.55/brl (-0.38) Brent @ $61.63 (-0.24), Gold @ $1166.20 (+2.70), Silver @ $15.65 (+0.09), Euro @ $1.109, JPY @ $122.850, INR @ $63.513
Indian Adr/Gdr
Infy:+0.31%,     Wit:+0.91%
Ttm: -0.61%,     Rdy:+0.65%
Hdb: -0.27%,     Ibn:+0.29% 
SBID:+3.04%, RIGD:+2.76%
Today's Corporate Action 
3rd July Ex Date

 PFIZER Dividend - Rs. - 12.50 ZENSARTECH Final Dividend - Rs. - 6.50

Today's Global Data
Jul 3: US money stock measures; 0200 IST

 Jul 3: US federal discount window borrowings; 0200 IST

 Jul 3: US foreign central bank holdings; 0200 IST

 Jul 3: Japan June services purchasing managers' index; 0705 IST

 Jul 3: Germany June services purchasing managers' index; 1325 IST

 Jul 3: European Union June services purchasing managers' index; 1330 IST

 Jul 3: UK June CIPS/Markit services purchasing managers' index; 1400 IST
Jul 3: US Independence Day


02/07/2015
SGX Nifty -20 pts (8435) from last trade 8455 , 
Nikkei +243 pts , Hangseng +209 pts , 
Dow +138.40 pts ,Nsdq +26.26 pts , S&P +14.31 pts , Bovespa -323 pts , Ftse +87 pts , Dax +235 pts, Cac +92 pts, Crude @ $56.95/brl (-0.01) Brent @ $62.17 (+0.16), Gold @ $1167.20 (-2.10), Silver @ $15.51 (-0.07), Euro @ $1.104, JPY @ $123.305, INR @ $63.605
Indian Adr/Gdr

 Infy:+0.38%,      Wit:+0.67%
Ttm:+0.26%,     Rdy:+0.49%
Hdb:+2.13%,     Ibn: -0.48% 
SBID:+3.19%, RIGD:+0.85%
Today's Corporate Action 
2nd July Ex Date

 BCPAL Stock Split From Rs.10/- to Rs.1/- 
HDFCBANK Dividend - Rs. - 8.00 
LLOYDELENG Dividend - Rs. - 1.30 
M&MFIN Dividend - Rs. - 4.00 PUNEETRE Dividend - Rs. - 0.80 RSSOFTWARE Final Dividend - Rs. - 1.25 

SOBHA Dividend - Rs. - 7.00 UNICHEMLAB Final Dividend - Rs. - 2.0000




02/07/2015
Economic Times

Business Standard
Ø  Moody's cuts Greece rating deeper into junk
Ø  Tata-led Neotel's acquisition gets South Africa nod
Ø  JSW Group to acquire RCB: Sajjan Jindal
Ø  Cabinet clears pacts to be signed with Central Asian countries
Ø  Govt expects neem-coated urea supply to rise soon
Ø  NITI Aayog to pay up to 36% more to woo young talent

Ø  Govt's 'Digital India' call gets Rs 4.5-lakh-cr promise
Ø  Greek PM tells voters rejecting austerity will yield better deal
Ø  Nestle plans to relaunch India's favourite snack
Ø  'Adani's Aussie coal project runs into controversy'
Ø  China overtakes India on m-cap to GDP ratio
Ø  World Bank okays $650-mn loan to eastern freight corridor
Business Line

Mint
Ø  Black money: govt gives hoarders 3 months to come clean
Ø   Manufacturing sputters in June on slowdown in new orders
Ø   SEBI may check high-frequency, algo speed to curb manipulation
Ø  Australia wants legal services included in trade pact
Ø  ‘NPS funds of private firms can be invested in ETFs’

Ø  Private equity fund returns fell sharply after 2008: report
Ø  Mahindra revs up to provide in-dash Android access
Ø  Algo trading in domestic commodities sees sharp spike
Ø  Ratan Tata invests in taxi-hailing company Ola
Ø  SBI plans massive branch overhaul; to focus on digital banking
Financial Express

Financial Chronicle
Ø  India Inc’s debt a burden for Reserve Bank of India
Ø  UK Food Standards Agency finds made in India Maggi safe to eat
Ø  Singapore company, Tatas eye Electrosteel
Ø  Greece proceeds with vote plan as creditors rebuff overture
Ø  Private non-financial firms' Q4 net down 12.5%: RBI
Ø  Mahindra & Mahindra sales down 6 per cent in June

Ø  Maruti picks up pace, sales grow 1.8 per cent in June
Ø  HSBC manufacturing PMI shrinks in June, job strain stays
Ø  EMC, Magor infuse `100 crore fresh equity in McNally Bharat
Ø  JSW Cement to invest `2,200 cr to raise capacity to 20 mt in 3 yrs
Ø  Gold rush spawns maverick billionaire jewellers in India

Ø  NxtGen raises $13.5m from IFC, Axon Partners & Intel Capital




We can see selling presure in nifty if maintains below 8370 
Abv 8424 we can see it going up to 8500 
Be cautious on long as it has multiple resistance from 8420..8500
We had given 👇👇👇
Yesterday @11.30

 BE CAUTIOUS 

 CNX NIFTY 

 INTRADAY RESISTANCE 8370...80 ZONE

 POSITIONAL RESISTANCE ZONE
8440...8500

 WE CAN SEE SELLING AND FALL UPTO 

8140..80 IN COMING DAYS
Market Update:
Sgx Nifty -35 pts
Dow -75.71 pts ,Nsdq -10.20 pts , S&P -6.27 pts , Bovespa -666 pts , Ftse -36 pts , Dax +1 pts, Cac -3 pts, Nikkei  -28 pts , now, Crude @ $59.70/brl (-0.57) Brent @ $63.35 (+0.15), Gold @ $1174.40 (+2.60), Silver @ $15.88 (+0.04), Euro @ $1.120, JPY @ $123.536, INR @ $63.625

Today's Corporate Action 
26th June Ex Date

 ALKYLAMINEDividend - Rs. - 4.00
KANSAINER Dividend - Rs. - 1.40 
SIYSIL Dividend - Rs. - 10.00
Today's Global Data
Jun 26: UK Jun Hometrack UK cities house price index; 0431 IST

 Jun 26: Japan May household spending; 0500 IST

 Jun 26: Japan May labour force survey; 0500 IST

 Jun 26: Japan May consumer price index; 0500 IST

 Jun 26: Eurozone May monetary developments in the euro area; 1330 IST

 ALERT : Chinese Market Cracks SHANGHAI Price:4341.8642 Change: -185.9147 Percent Change: -4.11%
Jun 26: UK May land registry house price index; 1400 IST

 Jun 26: US Jun University of Michigan survey of consumers; 1930 IST

 Jun 26: Eurozone May new commercial vehicle registrations in Europe

statistics

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