ICICI Bank Q1

Net Profit At Rs 2,232 Cr Vs CNBC-TV18Poll Of 2,127.7 Cr

Total Income At Rs. 16, 760 Cr

Gross NPA At 5.87% 5.82% (QoQ)

Net NPA At 3.35% Vs 2.98% (QoQ)

NII At Rs 5,158.5 Cr Vs CNBC-TV18 Poll Of Rs  5,342.6 Cr.

L&T Q1

Cons Net Profit At Rs 609 Cr Vs CNBC-TV18 Poll Of Rs 770 Cr 

Total Income At Rs 21,874 Cr Vs CNBC-TV18 Poll Of Rs 22,477 Cr

Order Inflow Grows By 14% At Rs 29,702 Cr (YoY) 

Cons Infra Revenue +9.2% At Rs 9,287 Cr Vs Rs 8,504 Cr (YoY) 

Cons Power Revenue +59.7% At Rs 1,722.6 Cr Vs Rs 1,079 Cr (YoY) 

Cons Heavy Engg +13.9% At Rs 733.8 Cr Vs Rs 644.4 Cr (YoY) 

Cons Electric & Automation -3% At Rs 1,081.2 Cr Vs Rs 1,114 Cr (YoY) 

Cons Hydrocarbon -0.4% At Rs 2,146 Cr Vs Rs 2,154 Cr (YoY)

Cons IT & Tech +15.1% At Rs 2,375 Cr Vs Rs 2,063 Cr (YoY) 

Cons Fin Services +17.3% At Rs 2,091 Cr Vs Rs 1,782 Cr (YoY) 

Cons Heavy Engg EBIT At Rs 67 Cr Vs Rs 24 Cr (YoY)

Pidilite Q1

Net Profit At Rs.272 Cr Vs CNBC-TV18 Poll Of Rs.265.6 Cr

Total Income At Rs.1,692 Cr Vs CNBC-TV18 Poll Of Rs.1,670 Cr

Karnataka Bank Q1

Net Profit At Rs.121.5 Cr Vs Rs.109.3 Cr (YoY)

Gross NPA At 3.92% Vs 3.44% (QoQ)

Net NPA At 2.61% Vs 2.35% (QoQ)

NII +10% At Rs.364.7 Cr Vs Rs.331.4 Cr (YoY)

Total Income At Rs. 1430 Cr Vs  Rs. 1350 Cr YoY

UPL Q1

Cons Net Profit At Rs.402 Cr Vs CNBC-TV18 Poll Of Rs.335 Cr

Cons Total Income At Rs.3,510 Cr Vs CNBC-TV18 Poll Of Rs.3,483 Cr

Business Standard

Ø  India cautions traders about fraud in import-export from China

Ø  Several countries keen to participate in Smart City project: Govt

Ø  Cyrus Mistry to meet Tata group heads on Friday 

Ø  Fosun agrees to buy Gland Pharma for $1.3 bn

Ø  India should continue fiscal consolidation for better prospect

Ø  Govt may block Tata arbitration payment to Docomo

Ø  Oracle buys cloud pioneer NetSuite for $9.3 billion



Ø  India Inc waits for timely rollout of GST

Ø  L&T Infotech net profit grows 34.9% y-o-y in Q1 FY17

Ø  Legal panel allows Vijay Mallya to head United Breweries

Ø  Zen Technologies bags order from Egypt's Defence Ministry

Ø  Eicher Motors Q1 net up 59% at Rs 376.29 crore

Ø  GSK Pharma Q1 net down 23% at Rs 72.27 crore

Ø  Japan says MIP on steel products violates WTO rules

Business Line

Ø  RBI eases norms for individual investor’s access to G-Sec market

Ø  Investors prefer balanced funds to equity: AMFI data 

Ø  Coal linkages: captive power segment comes to CIL’s rescue 

Ø  IDFC in talks with RBI to enhance shareholder value 

Ø  Centre asks States to offer power to industries at fixed rates

Mint

Ø  Bank strike on Friday, services may be affected

Ø  NPCIL seeks new bids for Gorakhpur nuclear power plant

Ø  MOIL fixes 8 August as record date for share buyback

Ø  FTIL claims Rs21 crore as immediate expenses in Bombay high court

Ø  Kesoram Industries may infuse Rs600 crore as capex

Financial Express               

Ø   Sensex climbs 184 points on F&O expiry, GST optimism; Nifty settles at 8,666

Ø  US trade, inventory data pose downside risk to Q2 GDP

Ø  BRICS discusses ways to increase cooperation in services, MSME

Ø  Ceat Q1 net profit dips 17% to Rs 93 cr

 Financial Chronicle

Ø  PNB profit more than halves to Rs 306 cr in Q1

Ø  Green bond issuances to top $75b in 2016: Moody's

Ø  Sunil Munjal to step down from Hero MotoCorp board

Ø  Single window for startups to resolve grievances

Market Update

Sgx Nifty -2 pts
‎Dow -15.82 pts ,Nsdq +15.17 pts , S&P +3.48 pts ‎, Bovespa -185 pts , Ftse -29 pts , Dax -44 pts  , Cac -26 pts , Nikkei  -57 pts , now, Crude @ $41.02 brl (-0.12), Brent @ $42.70 brl (-0.77) , Gold @ $1342.50 (+1.30), Silver @ $20.22 (+0.02), Euro @ $1.1082, JPY @ $104.7600, INR @ $67.0350

US GENERIC GOVT. 10-YEAR YIELD : 1.4925%

Today's Corporate Action
29th July  Ex Date


BRITANNIA
Dividend - Rs. - 20.0000
CONTROLP
Final Dividend - Rs. - 2.0000
DCMSHRIRAM
Dividend - Rs. - 0.8000
FEDERALBNK
Dividend - Rs. - 0.7000
IL&FSTRANS
Dividend - Rs. - 2.0000
IVC
Dividend - Rs. - 1.2000
LAKSELEC
Dividend - Rs. - 8.0000
SIMPLXREA
Dividend - Rs. - 1.0000
SKIPPER
Dividend - Rs. - 1.4000
TCPLPACK
Dividend - Rs. - 7.3500
ZUARIGLOB
Dividend - Rs. - 1.0000


Today's Key Result
29th July 


Icici Bank ( 2240 Cr - 25 % Yoy Time - During Mkt ) 
L&T ( Cons 793 +31% Yoy Time - After Mkt) 
Alembic Pharma ( 100 Cr + 44% Yoy) 
Godrej Consumer ( 254 Cr +28% Yoy) 
Pidilite ( 270 Cr + 20 % Yoy) 
Upl Ltd ( Cons 342 Cr + 25 % Yoy) 
Aditya Birla Money, Alkyl Amines, Asahi Songwon, Astra Micro, Binani Inds, Ccl Prod, Chola Inv, Cromp Greav Cons Elect, Dr Lal Pathlab,Elgi Equip, Gabriel Ind, Harr Malayalam, Heritage Food,Hester Bio, Indoco Rem, Ion Exchange, Ktk Bank,Kec Int,Kokuyo Camlin, Munjal Showa, Ncl Inds,Nestle, Nirlon,Pudumjee Pulp,Pvr Ltd, Religare Ent, Rico Auto, Shopper Stop, Sun Pharma Advance, Thiru Chem, Uniphos Ent, Vst Till
Srcs-Cogencis Est Net 


Today's Data Alert

Jul 29: 14-day variable rate term repo for 185 bln rupees. Bids to be
submitted   between 1100 and 1130 IST.

Jul 29: CPI for industrial workers for June, by Labour Bureau.

Jul 29: Core sector growth for June, by commerce and industry ministry

Jul 29: Government finances for Apr-Jun, by CGA.


Today's Global Data


Jul 29: US foreign central bank holdings data; 0200 IST

Jul 29: US Federal Discount Window borrowings data; 0200 IST

Jul 29: US money stock measures data; 0200 IST

Jul 29: UK July consumer confidence survey; 0435 IST

Jul 29: Japan July consumer price index (Tokyo), consumer price index
ex-food (Tokyo); 0500 IST

Jul 29: Japan June labour force survey; 0500 IST

Jul 29: Japan June household spending data; 0500 IST

Jul 29: Japan June consumer price index, consumer price index ex-food; 0500
IST

Jul 29: Japan June preliminary industrial production data; 0520 IST

Jul 29: Japan June preliminary retail sales data; 0520 IST

Jul 29: Japan June auto production data; 0930 IST

Jul 29: Japan June auto exports data; 0930 IST

Jul 29: Japan June preliminary report on petroleum statistics; 1000 IST

Jul 29: Japan June construction orders data; 1030 IST

Jul 29: Japan June housing starts data; 1030 IST

Jul 29: Germany June retail trade data; 1130 IST

Jul 29: Eurozone July EuroCOIN indicator of economic activity; 1300 IST

Jul 29: Bank of England June effective interest rates; 1400 IST

Jul 29: UK June money and credit - lending to individuals, lending to
businesses, broad money and credit data; 1400 IST

Jul 29: UK June monetary and financial statistics; 1400 IST

Jul 29: European Union June unemployment data; 1430 IST

Jul 29: Eurozone July flash estimate inflation data; 1430 IST

Jul 29: European Union Apr-Jun preliminary flash estimate GDP; 1430 IST

Jul 29: US Apr-Jun employment cost index; 1800 IST

Jul 29: US Apr-Jun advance estimate GDP; 1800 IST

Jul 29: US July ISM-Chicago Business Survey - Chicago purchasing managers'  index; 1915 IST

Jul 29: US July University of Michigan survey of consumers - final; 1930 IST

Jul 29: Japan monetary policy meeting decision

Jul 29: Bank of Japan outlook report

Hexaware Q2

Net Profit At Rs 100 Cr Vs CNBC-TV18 Poll Of Rs 105.5 Cr

Total Income At Rs 869.7 Cr Vs CNBC-TV18 Poll Of Rs 824 Cr

Dollar Revenue At $129.7 m Vs CNBC-TV18 Poll Of $128.6 m

CEAT Q1

Net Profit -14.5% At Rs 104.1 Cr Vs Rs 121.8 Cr (YoY)

Total Income +3.9% At Rs 1,470.3 Cr Vs Rs 1,414.7 Cr (YoY)

Net Sales At Rs. 1461 Cr Vs  Rs. 1404 Cr (YoY)

Eicher Motors Q1

Cons Net Profit At Rs 376.3 Cr Vs CNBC-TV18 Poll At Rs 347.7 Cr

Cons Total Income At Rs 1,555.7 Cr Vs Rs 1,096 Cr (YoY)

Net Sales At Rs. 1550 Cr Vs Rs. 1091 Cr

Dish TV Q1

Cons Net Profit At Rs.40.9 Cr Vs CNBC-TV18 Poll Of Rs.59 Cr

Cons Total Income At Rs.778.6 Cr Vs CNBC-TV18 Poll Of Rs.828 Cr

Average Revenue Per User At Rs.174

Sintex Ind Q1

Cons Net Profit +11.8% At Rs.76 Cr Vs Rs.68 Cr (YoY)

Cons Total Income +16.5% At Rs.1,700.5 Cr Vs Rs.1,459 Cr (YoY)

CALL OF 26/07/2016 TUESDAY

@ 11:15

Buy Maruti 4700 CE strike price ltp 20 

sl 0 

trgt 29/37

ALL TRGT HIT

PNB Q1

Net Profit At Rs.306 Cr Vs CNBC-TV18 Poll Of Rs.9.1 Cr

Gross NPA At 13.75% Vs 12.9% (QoQ)

Net NPA At 9.16% Vs 8.6% (QoQ)

NII At Rs.3,700 Cr Vs CNBC-TV18 Poll Of Rs.3,572.7 Cr

Total Income At Rs. 13,930 Cr Vs Rs. 13, 430 Cr

Syndicate Bank Q1

Net Profit At Rs.79 Cr

Gross NPA At 7.53% Vs 6.7% (QoQ)

Net NPA At 5.04% Vs 4.48% (QoQ)

NII +4.7% At Rs.1,479 Cr Vs Rs.1,412 Cr (YoY)

CALL OF 27/07/2016 WEDNESDAY

@ 12:36

Nifty trade 

Buy Nifty around 8588 

sl 8560 

trgt 8632

TRGT HIT

NIFTY BANK VIEW 

Nifty bank (19021)

Nifty bank has to cross 19160 to catch uptrend, and show 19400..19800.

If faces resistance here 19000 can again show 18500.

NIFTY VIEW 

Nifty (8615)

Nifty has made a neutral signal if trades above 8670 can show higher levels of 8840.

Below 8560 can show 8480.

Market Update

Sgx Nifty +5 pts
‎Dow -1.58 pts ,Nsdq +29.76 pts , S&P -2.60 pts ‎, Bovespa +70 pts , Ftse +26 pts , Dax +71 pts  , Cac +52 pts , Nikkei  -155 pts , now, Crude @ $42.03 brl (+0.11), Brent @ $43.47 brl (-1.40) , Gold @ $1339.30 (+12.60), Silver @ $20.36 (+0.37), Euro @ $1.1073, JPY @ $104.9600, INR @ $67.1463



Today's Corporate Action
28th July  Ex Date



ALANKIT
Final Dividend - Rs. - 0.2000
APCOTEXIND
Dividend - Rs. - 4.5000
ARVIND
Dividend - Rs. - 2.4000
BBTC
Dividend - Rs. - 1.0000
BNRSEC
Dividend - Rs. - 0.8000
BOMBCYC
Dividend - Rs. - 4.0000
BUTTERFLY
Dividend - Rs. - 1.2500
CAMLNFINE
Dividend - Rs. - 0.4500
CREST
Final Dividend - Rs. - 0.5000
CRISIL
Interim Dividend - Rs. - 6.0000
CUMMINSIND
Final Dividend - Rs. - 9.0000
DEEPAKNI
Dividend - Rs. - 1.2000
FINOLEXIND
Dividend - Rs. - 7.5000
FINOLEXIND
Special Dividend - Rs. - 2.5000
FRONTCAP
Bonus issue 1:3
GRAVITA
Final Dividend - Rs. - 0.2000
HINDPETRO
Dividend - Rs. - 16.0000
ISGEC
Dividend - Rs. - 10.0000
MEP
Final Dividend - Rs. - 0.1000
NATIONALUM
Buy Back of Shares 
NELCAST
Final Dividend - Rs. - 0.4000
NICCOPAR
Final Dividend - Rs. - 0.1500
OBIL
Bonus issue 7:10
PENINLAND
Dividend - Rs. - 0.2000
REPRO
Dividend - Rs. - 3.0000
SAMBANDAM
Dividend - Rs. - 2.0000
SINGER
Dividend - Rs. - 2.5000
SONASTEER
Dividend - Rs. - 0.5000
SUBROS
Dividend - Rs. - 0.8000
SUDARSCHEM
Final Dividend - Rs. - 0.5000
SWARAJMAZD
Dividend - Rs. - 8.0000
TAJGVK
Dividend - Rs. - 0.4000
TATASTEEL
Dividend - Rs. - 8.0000
TECHM
Dividend - Rs. - 6.0000
TECHM
Special Dividend - Rs. - 6.0000
TECHNO
Final Dividend - Rs. - 2.0000
THERMAX
Dividend - Rs. - 6.0000
TRANSPEK
Dividend - Rs. - 7.5000
TRITONV
Dividend - Rs. - 12.0000
TTKHEALTH
Dividend - Rs. - 5.0000
VOLTAMP
Dividend - Rs. - 12.5000
WHEELS
Final Dividend - Rs. - 5.5000
ZEEMEDIA
Dividend - Rs. - 0.1500




Today's Key Result
28th July 


Eicher Mot ( Cons 354 Cr + 60% Yoy Time - During Mkt) 
Hexaware ( Cons 104 Cr + 6 % Yoy) 
Dish Tv ( 61 Cr +3 % Yoy) 
Gsk Pharma ( 108 Cr + 16% Yoy) 
Adlabs,Blue Dart, Ceat Ltd, Elgi Rubber, Escorts, Excel Crop, Fedder Llyod,Grindwell Nort,Guj Alk,Gsfc, Hcc,Kcp Sug, Kirloskar Ferro, Muthooth Fin, Octl, Pnb,Redington, Sintex, Supreme Inds, Syndicate Bank, Tn Newsprint, Tree House,Wabco, Welspun Corp   
Srcs-Cogencis Est Net 





Today's Global Data


Jul 28: UK June automotive manufacturing figures; 0431 IST

Jul 28: Japan provisional trade statistics for first 10 days of July; 0520
IST

Jul 28: Japan June detailed import and export statistics; 0600 IST

Jul 28: Japan June steel imports and exports statistics; 1130 IST

Jul 28: UK July house price index; 1130 IST

Jul 28: Germany July labour market statistics; 1330 IST

Jul 28: UK Apr-Jun insolvency statistics; 1400 IST

Jul 28: European Union July business and consumer surveys - business climate indicator and economic sentiment indicator; 1430 IST

Jul 28: Germany July provisional consumer price index; 1730 IST

Jul 28: US unemployment insurance claims report - initial claims for the
week  ended Jul 23; 1800 IST

Jul 28: US weekly export sales data; 1800 IST

Jul 28: US International Monetary Fund regular press briefing with Communications Department Director Gerry Rice; 1900 IST

Jul 28: US Apr-Jun housing vacancies data; 1930 IST

Jul 28: US Energy Information Administration natural gas storage report for

week ended Jul 22; 2000 IST

Jul 28: US July Federal Reserve Bank of Kansas City survey of tenth district
Manufacturing; 2030 IST

Jul 28: Bank of Japan monetary policy mehgeting

Jul 28: Eurozone June new commercial vehicle registrations in Europe
statistics

Business Standard

Ø  Cabinet approves amendments to GST bill, removes 1% addl tax 

Ø  SBI to refinance Rs 28,000cr in RCOM-Aircel merger

Ø  Wall Street ends lower after Fed keeps rates unchanged

Ø  RBI slaps penalty on 13 banks for FEMA violations

Ø  SBI kick-starts merger ops, appoints external parties

Ø  Govt drops plan for Rs 17.5k crore funds for telecom R&D

Ø  RPG Life Sciences to acquire Sun Pharma's brands

Ø  SBI-Macquire in talks to buy Moser Baer’s power assets



Ø  Trade advisory issued against Chinese firms

Ø  Govt plans greater role in RBI's debt market operations

Ø  Shinzo Abe's $265 bn stimulus plan puts pressure on BOJ to ease

Ø  Lok Sabha passes Benami Transactions Amendment Bill

Ø  Sahara spurns $1.3 bn new offer for overseas hotels

Ø  Bharti Airtel reports 30% less profit at Rs 1,462 cr in Q1

Ø  JSW Steel reports highest ever quarterly PAT at Rs 1,109 crore

Ø  Analog Devices to buy chipmaker peer Linear for $14.8 bn

Business Line

Ø  India orders four maritime spy planes from Boeing for $1 bn

Ø  YES Bank gets SEBI nod for sponsoring mutual fund

Ø  Stalled infra projects cause cost overrun of ₹1.6-lakh cr

Ø  Dr Reddy’s pins hopes on new molecules to invigorate profits

Ø  MRPL board to consider raising public holding to 25%

Ø  Apple’s plan to open retail stores in India on track

Mint

Ø  China’s Fosun to buy Gland Pharma for $1.3 billion

Ø  RBI’s forex war chest gears up for uncertainty

Ø  Maharashtra govt orders CAG audit of Tata Power, Rel Infra

Ø  Bajaj Auto Q1 profit rises 2% to Rs978 crore

Ø  RBI asked SBI to rein in CSR spending: Arundhati Bhattacharya

Ø  Yes Bank Q1 profit rises 32% to Rs731 crore

Financial Express               

Ø   Cabinet hikes limit for foreign investment in markets to 15%

Ø  Sensex closes 48 points up in choppy trade, Nifty settles above 8,600

Ø  Amtek looking to sell non-core business, stake in overseas companies

Ø  China considers crackdown on risky wealth management products: Draft rules





Financial Chronicle

Ø  Monsoon to push GDP growth to over 8%: Panagariya

Ø  NAREDCO seeks easy bank finance for realtors

Ø  China's LeEco to buy US TV maker Vizio for $2b

Ø  Canara Bank gets shareholders nod to raise capital

Ø  States asked to speed up implementation of e-NAM

Ø  Defence PSUs can float JVs with foreign firms

CALL OF 27/07/2016 WEDNESDAY

@ 11:56

Buy Bharat finance around 874 

sl 870 

trgt 884

TRGT HIT

Bharti Airtel Q1

Net Profit At Rs 1,462 Cr Vs CNBC-TV18 Poll Of Rs 1,050 Cr

Cons Total Income At Rs 25,572.9 Cr Vs CNBC-TV18 Poll Of Rs 25,495 Cr 

Cons India Wireless Revenue At Rs 15,052.6  Cr Vs Poll Of Rs 15,268 Cr

JSW Steel Q1

Cons Net Profit At Rs.1,109 Cr Vs CNBC-TV18 Poll Of Rs.700 Cr

Total Income At Rs.12,886 Cr Vs CNBC-TV18 Poll Of Rs.12,500 Cr

HDFC Q1

Net Profit At Rs.1,871 Cr Vs CNBC-TV18 Poll Of Rs.1,820.8 Cr

Total Income At Rs.8,382 Cr Vs Rs.7,018 Cr (YoY)

Shriram Trans Q1

Net Profit At Rs.374.1 Cr Vs CNBC-TV18 Poll Of Rs.400.7 Cr

Total Income At Rs.2,685 Cr Vs Rs.2,352 Cr (YoY)

Dabur Q1

Net Profit At Rs.292.8 Cr Vs CNBC-TV18 Poll Of Rs.298.4 Cr

Total Income At Rs.1,928.4 Cr Vs CNBC-TV18 Poll Of Rs.2,261 Cr

Bajaj Auto Q1

Net Profit At Rs.978.4 Cr Vs CNBC-TV18 Poll Of Rs.1,011 Cr

Total Income At Rs.6,089 Cr Vs CNBC-TV18 Poll Of Rs.6,066 Cr

YES BANK Q1

Net Profit At Rs.730 Cr CNBC-TV18 Poll Of Rs.689.8 Cr

Gross NPA At 0.79% Vs 0.76% (QoQ)

Net NPA Unchanged At 0.29% (QoQ)

NII At Rs.1,316.6 Vs CNBC-TV18 Poll Of Rs.1,332.5 Cr

Total Income At Rs. 4760 Cr

Market Update

Sgx Nifty -1 pts
‎Dow -19.31 pts ,Nsdq +12.42 pts , S&P +0.70 pts ‎, Bovespa -89 pts , Ftse +13 pts , Dax +49 pts  , Cac +6 pts , Nikkei  +176 pts , now, Crude @ $42.66 brl (-0.26), Brent @ $44.87 brl (+0.15) , Gold @ $1319.10 (-1.70), Silver @ $19.69 (+0.00), Euro @ $1.0987, JPY @ $104.9100, INR @ $67.2750



Today's Corporate Action
27th July  Ex Date



BOMDYEING
Dividend - Rs. - 0.5000
DPL
Dividend - Rs. - 4.0000
IGARASHI
Final Dividend - Rs. - 1.5000
INDOAMIN
Final Dividend - Rs. - 0.5000
JAYSHREETEA
Dividend - Rs. - 1.0000
JIYAECO
Bonus issue 1:5
LAXMIMACH
Dividend - Rs. - 40.0000
MACPLAS
Dividend - Rs. - 1.0000
MAGMA
Dividend - Rs. - 0.8000
NATPEROX
Dividend - Rs. - 10.0000
PODDAR
Dividend - Rs. - 1.5000
SREINFRA
Dividend - Rs. - 0.5000




Today's Key Result
27th July 



Asian Paint ( Cons 520‎ Cr +14% Yoy Time - During Mkt) 
Bajaj Auto ( 968 Cr -5% Yoy Time - During Mkt) 
Bharti Airtel ( Cons 1131 Cr -27% Yoy Time - After  Mkt) 
Hdfc ( 1830 Cr +34% Yoy Time - During Mkt) 
Yes Bank ( 694 Cr +26% Yoy Time - During Mkt) 
Castrol ( 191 Cr +4 % Yoy) 
Dabur ( 299 Cr +15% Yoy) 
Jsw Steel ( Cons + 669 Cr) 
Shriram Trans ( 399 Cr +24 % Yoy) 
Torrent Pharma ( 327 Cr -27 % Yoy) 
Adf Foods,Agro tech, Bliss Gvs,Elantas Beck,Gic Housing,International Paper,Lumax Auto, Mang Chem, Nocil,Omax Auto, Rpg Life, Sci, Thangamayil Jewel
Srcs-Cogencis Est Net 

‎



Today's Global Data


Jul 27: US American Petroleum Institute statistical bulletin for the week ended   Jul 22; 0200 IST

Jul 27: Germany June foreign trade price indices; 1130 IST

Jul 27: Germany August GfK consumer climate survey; 1130 IST

Jul 27: European Union June monetary developments in the euro area (M3)
data;1330 IST

Jul 27: UK Apr-Jun GDP: preliminary estimate data; 1400 IST

Jul 27: UK May service sector figures; 1400 IST

Jul 27: UK July CBI distributive trades survey; 1530 IST

Jul 27: US MBA mortgage applications survey for the week ended Jul 22; 1630
IST

Jul 27: US June advance report on durable goods; 1800 IST

Jul 27: US June pending home sales index; 1930 IST

Jul 27: US Energy Information Administration petroleum status report for the week ended Jul 22; 2000 IST

Jul 27: US interest rate decision; 2330 IST

Jul 27: US International Monetary Fund Executive Board discusses China and Ireland

Economic Times

Business Standard

Ø  Tata to deposit $1.17B in DoCoMo case in Delhi HC

Ø  Govt must protect central bank's independence: Rajan

Ø  Centre, states make headway on key GST issues

Ø  Sugar mills owe Rs 6,582 crore to cane farmers

Ø  Govt should ignore motivated public criticism, says Rajan

Ø  PSBs write off Rs 59,547-crore loan in FY16

Ø  $15 billion VW emissions deal faces critical test



Ø  Shanghai Fosun to buy Gland Pharma for $1.4 bn

Ø  India Inc foreign borrowing down sharply in June at $1.07 bn

Ø  Govt to miss revenue target from telcos: ICRA

Ø  Educomp to sell entire stake in Vidya Mandir Classes

Ø  Dr Reddy's Q1 net down 80% at Rs 126 crore

Ø  Oil falls towards $44, lowest since May, on glut worries

Ø  Maruti Q1 profit rises 23% to Rs 1,486 cr

Business Line

Ø  CAG picks holes in coal mines auction by NDA govt

Ø  Govt notifies pay panel recommendations

Ø  ‘Freezing of MF accounts’ does not mean ‘impounding’: AMFI 

Ø  Domestic airlines carry 21% more passengers in June 

Ø  Ultra high networth households rise 7 per cent in FY’16: report

Ø  ACC, Ambuja Q2 net up on better realisations, lower production cost

Mint

Ø  Jaiprakash Power lenders to invoke strategic debt revamp

Ø  Jabong may be Flipkart’s best investment yet

Ø  IDFC Bank Q1 profit rises 60% to Rs264.76 crore

Ø  Solar power tariffs expected to fall to as low as Rs3.50 a unit in 3 years

Ø  Alstom T&D gets shareholders’ nod to change company’s name

Ø  Adani Transmission raises Rs500 crore through masala bonds

Financial Express               

Ø   Pharma sector receives Rs 4,975-crore FDI in FY16: Govt

Ø  BRICS policy planning dialogue ends on a successful note: MEA

Ø  RBI slaps penalty on UCO Bank, Allahabad Bank, Bank of India

Ø  TCS, Infosys in Forbes 'Super 50' list; Tata Motors, HUL dropped

Ø  Tata Steel sales up marginally to 2.15 MT in April-June





Financial Chronicle

Ø  ‘India discovers producible natural gas hydrates’

Ø  Emami eyes 2nd slot in edible oil production by 2018

Ø  Unions protest govt order on unclaimed EPFO funds

Ø  Fed defers any possible increase until September

Ø  'Moving to GST regime will be beneficial for economy'

Bharti Infratel Q1

Net Profit At Rs 757 Cr Vs CNBC-TV18 Poll Of Rs 627 Cr

Total Income At Rs 1,453.1 Cr Vs Rs 1,418 Cr (QoQ)

Consol Fuel Expenses At Rs. 503 Cr

Consol Rental Expenses At Rs. 76.1 Cr

Ambuja Q2

Net Profit At Rs 399.5 Cr Vs CNBC-TV18 Poll Of Rs 330 Cr

Total Income At Rs 2,560 Cr Vs CNBC-TV18 Poll Of Rs 2,600 Cr

Sales Volume -2% At 5.76 mt Vs 5.88 mt (YoY)

Zee Ent

Cons Net Profit At  Rs 217 Cr Vs CNBC-TV18 Poll Rs 281 Cr (YoY) 

Total Income At Rs 1,571.6 Cr Vs CNBC-TV18 Poll Of Rs 1,535 Cr 

Revenue At Rs. 1570 Cr Vs Rs. 1330 Cr

Ad Revenue +19.2% Vs CNBC-TV18 Poll Of 15-17%

CALL OF 26/07/2016 TUESDAY

@ 11:36

Buy Nifty ltp 8640 

sl 8620 

trgt 8678/8714

SL HIT

DRL Q1

Cons Total Income At Rs.3,222.5 Cr Vs Rs.CNBC-TV18 Poll Of Rs.3,777 Cr

Cons Net Profit At Rs.153.5 cr

Net Sales At Rs. 3160 Cr Vs Rs. 3700 Cr

TVS Motor Q1

Net Profit At Rs.141 Cr Vs CNBC-TV18 Poll Of Rs.121 Cr

Total Income At Rs.2,881 Cr Vs CNBC-TV18 Poll Of Rs.3,018 Cr

Net Sales At Rs. 2850 Cr

CALL OF 21/07/2016 THURSDAY

@ 09:18

Buy Jubliant food ltp 1160 

sl 1130 

trgt 1220

TRGT HIT

IDFC Bank Q1

Net Profit At Rs.264.8 Cr Vs Rs.165 Cr (QoQ)

Gross NPA At 6.09% Vs 6.16% (QoQ)

Net NPA At 2.32% Vs 2.39% (QoQ)

NII +19.7% At Rs.499 Cr Vs Rs.417 Cr (QoQ)

Maruti Q1

Net Profit At Rs.1,486.2 Cr Vs CNBC-TV18 Poll Of Rs.1,276 Cr

Total Income At Rs.16,706 Cr Vs CNBC-TV18 Poll Of Rs.15,081 Cr

Net Sales At Rs. 14, 650 Cr Vs  Rs. 13,080 Cr

ACC Q2

Net Profit At Rs.237.8 Cr Vs CNBC-TV18 Poll Of Rs.250 Cr

Total Income At Rs.2,917 Cr Vs CNBC-TV18 Poll Of Rs.3,060 Cr

Ajanta Pharma Q1

Cons Net Profit At Rs.119.5 Cr Vs Rs.86 Cr (YoY)

Cons Total Income At Rs.471 Cr Vs Rs.391.3 Cr (YoY)

Bajaj Fin Q1

Net Profit At Rs 424 Cr Vs CNBC-TV18 Poll Of Rs 382.6 Cr

Gross NPA At 1.47%

Net NPA At 0.41%

NII At Rs.1,418 Cr Vs CNBC-TV18 Poll Of Rs.1,217.3 Cr

NIFTY VIEW

Nifty 50 

Nifty has entered into a new rally zone after it broke up the zone of 8470..8600 

Today if maintains above 8640..8660 zone it can show 8840 in coming days. 

It can show volatility due to expiry week 

Support zone lies 8460..8480 zone

NIFTY BANK VIEW:

Nifty bank (18989)

Nifty bank has to cross above on closing basis 19200..19300 zone 

Yesterday it showed good momentum as all banking stocks supported the rally

Today above 19050 can enter into a new rally zone can show 19400..19800 in coming days

Support lies around 18400..around level.

Business Standard

Ø  'India to renegotiate all bilateral investment pacts'

Ø  Rajan in RBI would have helped India: Subbarao

Ø  Modi govt plans mother of all oil companies 

Ø  Merger credit positive for Vedanta: Moody's

Ø  Breach of terms led to debt default: Kingfisher

Ø  US asks India to eliminate customs duties on ICT products

Ø  SBI, IOC link up to empower farmers



Ø  Scrapping of inter-state trade tax under scanner

Ø  RBI fines BoB, HDFC Bank & PNB for violating KYC norms

Ø  Jaitley to meet state ministers to push GST bill

Ø  Telecom Commission sticks to its model for calculating SUC

Ø  CBDT issues draft norms for taxing buy back of unlisted shares

Ø  Sebi to set stringent norms for non-compliant promoters

Ø  ED probing 81 FDI cases over Fema violation: Sitharaman

Business Line

Ø   Verizon confirms Yahoo buy; deal valued at $4.83 bn

Ø  BSE to begin bonds trading based on clean price mechanism 

Ø  MF folio count rises 12.61 lakh to 4.9 cr in June quarter

Ø  Rupee drops 27 paise to end at 67.35

Ø  M&M chooses TVS & Sons for Chennai dealership expansion

Mint

Ø  GAIL seeks to defer Gazprom LNG contract

Ø  Amtek said to expand asset sale to include all overseas units

Ø  New solar projects may benefit from falling component prices

Ø  Indian Railways plans to load up more debt than GDP of some nations

Ø  Quikr acquires Hiree to boost job listings business

Financial Express               

Ø   Sensex gains 292 points to close above 28,000; Nifty settles above 8,630

Ø  Govt to soon notify inflation target under framework agreement

Ø  Bajaj Corp Q1 profit up 10% to Rs 52.19 cr

Ø  India to renegotiate all bilateral investment pacts: Nirmala Sitharaman



Financial Chronicle

Ø  RBI imposes penalty of Rs 5 cr on BoB

Ø  P-Notes investment hit two-year low in June-end

Ø  Oil prices dip on oversupply, economic headwinds

Ø  Govt to provide benefits to small tea growers

Ø  Algo trades in stagnation mode

Ø  RXIL looking to rope in SBI, ICICI as equity partners

Market Update

Sgx Nifty -18 pts
‎Dow -77.79 pts ,Nsdq -2.53 pts , S&P -6.55 pts ‎, Bovespa -129 pts , Ftse -20 pts , Dax +50 pts  , Cac +6 pts , Nikkei  -238 pts , now, Crude @ $43.24 brl (+0.11), Brent @ $44.72 brl (-0.97) , Gold @ $1314.60 (-4.90), Silver @ $19.55 (-0.10), Euro @ $1.0991, JPY @ $105.6100, INR @ $67.3537



Today's Corporate Action
26th July  Ex Date


BERGEPAINT
Final Dividend - Rs. - 1.0000
BRIGHTBR
Final Dividend - Rs. - 2.0000
EMAMILTD
Dividend - Rs. - 7.0000
ENIL
Dividend - Rs. - 1.0000
GATI
Final Dividend - Rs. - 1.0000
GSKCONS
Dividend - Rs. - 70.0000
HAWKINCOOK
Dividend - Rs. - 60.0000
JKCEMENT
Dividend - Rs. - 4.0000
LLOYDSME
Stock  Split From Rs.2/- to Rs.1/-
MCLEODRUSS
Dividend - Rs. - 2.0000
MODEX
Interim Dividend - Rs. - 0.6000
NITTAGELA
Dividend - Rs. - 2.5000
PTL
Dividend - Rs. - 1.0000
RAUNAQEPC
Final Dividend - Rs. - 1.2000



Today's Key Result
26th July 



Maruti (1226 Cr +3% Yoy Time - During Mkt ) 
Acc ( Cons 255 Cr +91% Yoy Time - During Mkt ) 
Dr Reddy ( Cons 484 Cr -23% Yoy Time - During Mkt ) 
Amb Cem ( 335 Cr +48% Yoy Time - After Mkt ) 
Bharti Infratel ( Cons 634 Cr -10% Yoy Time - After Mkt ) 
Zee Ent ( 281 Cr +15% Yoy Time - After Mkt ) 
Ajanta Pharma ( 100 Cr + 20 % Yoy) 
Bajaj Finance ( 378 Cr + 37% Yoy) 
Bajaj Finserv (529 Cr +38% Yoy) 
Idfc ( Cons 184 Cr -28% Yoy) 
Karur Vysya ( 140 Cr + 4% Yoy) 
Tvs Motor ( 124 Cr + 38% Yoy) 
Astec Life, Coromandel Int,Elecon Eng,Excel Inds,Fsl,Idfc Bank,Ingersoll Rand,Mahindra Cie,Niit Ltd, PI Inds,Swaraj Eng,Symphony,Tata Elxsi, Welspun Ind 
Srcs-Cogencis Est Net





Today's Data Alert



Jul 26: 14-day variable rate term repo for 185 bln rupees. Bids to be
submitted between 1100 and 1130 IST.

Jul 26-27: US Federal Open Market Committee meeting.

‎



Today's Global Data



Jul 26: Japan June services producer price index; 0420 IST

Jul 26: UK June BBA main high street banking groups statistics; 1400 IST

Jul 26: US The Retail Economist/Goldman Sachs chain store sales index for the week ended Jul 23; 1715 IST

Jul 26: US Johnson Redbook retail sales index for the week ended Jul 23;
 1825 IST

Jul 26: US May S&P/Case-Shiller home price index; 1830 IST

Jul 26: US July flash services purchasing managers' index; 1915 IST

Jul 26: US July Richmond Fed business activity survey; 1930 IST

Jul 26: US July consumer confidence index; 1930 IST

Jul 26: US June new residential sales data; 1930 IST

Jul 26: US Federal Open Market Committee meeting