BPCL Q1

Net Profit At RS 2620 Cr Vs RS 2360 Cr (YoY)

Total Income From Ops At RS 57000 Cr Vs RS 58800 Cr (YoY)

CALL OF 31/08/2016 WEDNESDAY

@ 01:58

Buy AB Nuvo ltp 1398 

sl 1380 

trgt 1440/1480

SL HIT

CALL OF 30/08/2016 TUESDAY

@ 09:23

Buy Nifty ltp 8696 

sl 8630 

trgt 8840

TRGT HIT

CALL OF 30/08/2016 TUESDAY

@ 09:25

Buy Marico ltp 287 

sl 284 

trgt 291

TRGT HIT

NIFTY BANK VIEW:

Nifty Bank (19531)

Nifty bank had given a breakout in previous weeks as mentioned in our reports

Now its heading towards its all time high.

It needs to maintain above 19000 on closing basis to hit a new high 

19600..19800..19900 are the resistance levels for today and this month⁠⁠⁠⁠

NIFTY VIEW:

Nifty 50 (8744)

Finally nifty has broke the range of 8720..8740 after one month with a gap up and bullish engulfing candle.

Now it is heading towards its all time high,It can show 9000 and a new high in this year 

Today if it trades and maintains above 8750...8760  zone can show 8840 ..8880 zone 

It can form the pattern of white soldiers in coming days in this week 

Support zone lies around 8470..8500

Economic Times

Business Standard

Ø  SWIFT discloses more attacks on banks by hackers

Ø  Indian economy to grow at 7.8% in 2016-17: Survey

Ø  Oil and Gas Ministry seeks uniform taxes on LPG

Ø  Black money: 300% rise in I-T Dept raids, seizures

Ø  GST, reforms to boost India's growth: FM to US CEOs

Ø  Chile breaks Dubai's record of solar power at low cost

Ø  Govt approves Rs 7,457 cr highway projects in 11 states



Ø  Chinese firms invested $2.3 billion in 3 months in India

Ø  EU crackdown on multinational tax deals

Ø  Need to provide more capital to PSBs to deal with NPAs: RBI

Ø  Green panel clears SAIL's Rs 5,419-cr modernisation plans

Ø  Sebi warns investors about schemes offering prize money

Ø  Rcom evaluating options regarding 700 MHz spectrum

Ø  Sebi asks commexes to register traders for price dissemination service

Business Line

Ø   DLF shortlists bidders for stake sale in rental assets arm

Ø  Trade unions stick to Sept 2 strike, reject govt’s wage hike 

Ø  EU orders Apple to pay up to 13 bn euros tax to Ireland 

Ø  NTPC Koldam hydro project achieves 107% capacity utilisation

Ø  RCom to offer 300 minutes of 4G calling at Re 1

Ø  Oil prices rise as dollar comes off 2-week high

Mint

Ø  Govt to amend norms for fixing drug prices

Ø  BSE 500, mid-cap indices scale record high

Ø  India-US nuclear deal: Time to yield concrete results, says John Kerry

Ø  Aircel Cellular moves SC against Madras HC decision on spectrum charge

Ø  Moody’s concerns could thwart GMR’s stock from take off

Ø  Our focus area is small and medium sector: Microsoft’s Pramanik

Financial Express               

Ø  Airtel, Vodafone, Idea cut tariff, bundle plans ahead of Reliance Jio entry

Ø  Sensex jumps 440 points on global cues, corprate earnings; Nifty hits 16-month high

Ø  RBI allows foreign investors higher holding in Ultra Tech

Ø  Indian rupee gains 15 paise to close at 67.03 against US dollar



Financial Chronicle

Ø  Industry pitches for 18% GST, exemptions for e-comm players

Ø  India, US sign logistics pact to cement defence ties

Ø  IOC raises oil import from Iran to 5 MT for FY'17

Ø  Offshore funds, ETF witness over $5b net outflows

Ø  Cipla gets USFDA nod for generic anti-depressant drug

Ø  India-Myanmar scale up ties in China's shadow

Market Update

Sgx Nifty -3 pts
‎Dow -48.69 pts ,Nsdq -9.34 pts , S&P -4.26 pts ‎, Bovespa -34 pts , Ftse -17 pts , Dax +113 pts  , Cac +33 pts , Nikkei  +152 pts  now, Crude @ $46.18 brl (-0.17), Brent @ $48.37 brl (-0.89) , Gold @ $1314.80 (-1.50), Silver @ $18.70 (+0.02), Euro @ $1.1150, JPY @ $102.9000, INR @ $67.0313



Today's Corporate Action
31st Aug  Ex Date


AHMDSTE
Dividend - Rs. - 0.7500
GANECOS
Dividend - Rs. - 1.2000
GENUSPOWER
Dividend - Rs. - 0.2500
GULFOILLUB
Final Dividend - Rs. - 4.0000
HINDCOMPOS
Dividend - Rs. - 1.0000
MALLCOM
Dividend - Rs. - 2.0000
MARUTI
Final Dividend - Rs. - 35.0000
ONGC
Final Dividend - Rs. - 3.2500
PHOENIXLTD
Final Dividend - Rs. - 0.4500




Today's Key Result
31st Aug 


Bpcl( Est Net 2148 Cr -10% Yoy) 
Abfrl,Ansal Prop,Gvkpil, Hathway Cable,Llyod Elect,Mcx,Sadbhav Eng,United Brew Ltd 
Srcs-Cogencis Est Net 



Today's Data Alert



Aug 31: GDP estimate for Apr-Jun, by CSO. 1730 IST.

Aug 31: CPI for industrial workers for July, by Labour Bureau.

Aug 31: Government finances for June, by CGA.

Aug 31: Core sector growth for July, by commerce and industry ministry.



Today's Global Data



Aug 31: UK August consumer confidence survey; 0435 IST

Aug 31: Japan July preliminary industrial production; 0520 IST

Aug 31: Japan July auto production; 0930 IST

Aug 31: Japan July auto exports; 0930 IST

Aug 31: Japan July preliminary report on petroleum statistics; 1000 IST

Aug 31: Japan July construction orders; 1030 IST

Aug 31: Japan July housing starts; 1030 IST

Aug 31: UK August Nationwide house price index; 1130 IST

Aug 31: Germany July retail trade; 1130 IST

Aug 31: European Union August EuroCOIN indicator of economic activity; 1300
IST

Aug 31: Germany August labour market statistics; 1330 IST

Aug 31: European Union August inflation flash estimate; 1430 IST

Aug 31: European Union July unemployment; 1430 IST

Aug 31: US MBA mortgage applications survey for week ended Aug 26; 1630 IST

Aug 31: US August ADP national employment report; 1745 IST

Aug 31: US Treasury Secretary Lew to speak; 1800 IST

Aug 31: Federal Reserve Bank of Minneapolis President Kashkari to speak;1800 IST

Aug 31: US August ISM-Chicago business survey; 1915 IST

Aug 31: US July metropolitan area employment; 1930 IST

Aug 31: US August online help wanted index; 1930 IST

Aug 31: US July pending home sales index; 1930 IST

Aug 31: US EIA petroleum status report for week ended Aug 26; 2000 IST

Crompton Greaves Q1

                   

Net Profit At Rs.40 Cr Vs Loss Of Rs.63.7 Cr (YoY)

Total Income At Rs.1,424 Cr Vs CNBC-TV18 Poll Of Rs.1,428 Cr

NIFTY VIEW:

Nifty 50 (8607)

Nifty has taken support around 8540 our recommended level.

this time it can break the range above and rise to new high

Break down of 8470 zone can only show lower levels

In this rally the stock which will outperform can be 

ADAG GROUP
TATASTEEL
TATAMOTORS 
ABNUVO
DLF
And many more will update with levels in our monthly report

Market Update

Sgx Nifty +17 pts
‎Dow +107.59 pts ,Nsdq +13.41 pts , S&P +11.34 pts ‎, Bovespa +894 pts , Ftse Clsd , Dax -43 pts  , Cac -17 pts , Nikkei  -21 pts  now, Crude @ $47.00 brl (+0.02), Brent @ $49.26 brl (-0.66) , Gold @ $1326.70 (-0.40), Silver @ $18.93 (+0.06), Euro @ $1.1191, JPY @ $101.8600, INR @ $67.1763



Today's Corporate Action
30th Aug  Ex Date


CHENNPETRO
Dividend - Rs. - 4.0000
HSIL
Dividend - Rs. - 4.0000
IONEXCHANG
Dividend - Rs. - 3.0000
KKCL
Final Dividend - Rs. - 1.5000
OFSS
Dividend - Rs. - 100.0000
PPAP
Dividend - Rs. - 1.0000
SHARDA
Final Dividend - Rs. - 6.2500
UBL
Dividend - Rs. - 1.1500
VGUARD
Stock  Split From Rs.10/- to Rs.1/-


‎



Today's Key Result
30th Aug 


Cox & King,Cromp Greaves, Goodyear, Whirlpool
Srcs-Cogencis Est Net 



Today's Data Alert


Aug 30: TERM REPO: 13-day variable rate term repo for 190 bln rupees Bids to  be submitted between 1100 and 1130 IST.‎



Today's Global Data


Aug 30: UK CBI service sector survey; 0431 IST

Aug 30: Japan July household spending; 0500 IST

Aug 30: Japan July labour force survey; 0500 IST

Aug 30: Japan provisional trade statistics for Aug 1-20; 0520 IST

Aug 30: Japan July preliminary retail sales; 0520 IST

Aug 30: Japan July detailed import, export statistics; 0600 IST

Aug 30: Japan July steel import, export statistics; 1130 IST

Aug 30: Germany July foreign trade price indices; 1130 IST

Aug 30: UK July monetary, financial statistics; 1400 IST

Aug 30: UK July money, credit figures; 1400 IST

Aug 30: Bank of England July effective interest rates; 1400 IST

Aug 30: European Union August business, consumer surveys; 1430 IST

Aug 30: US The Retail Economist/Goldman Sachs chain store sales Index for
week ended Aug 27; 1715 IST

Aug 30: Germany August provisional consumer price index; 1730 IST

Aug 30: US Johnson Redbook retail sales index for week ended Aug 27; 1825
IST

Aug 30: US June S&P/Case-Shiller home price index; 1830 IST

Aug 30: US August consumer confidence index; 1930 IST

Business Standard

Ø  Shah Committee report on RIL-ONGC by Aug 31

Ø  Australian Commonwealth Bank to shut down India ops

Ø  Indo-UK free trade pact likely soon: Sitharaman

Ø  Ratan Tata, Vijay Kelkar and Nandan Nilekani to set up a microfinance firm 

Ø  Airtel cuts 4G price by up to 80% to check Jio effect 

Ø  ZEE in discussion with suitors for sale of sports biz



Ø  Infra giants return to highways sector

Ø  Birla plans to exit low-margins business in India, abroad

Ø  Inflation leaves no room for rate cuts, says Rajan

Ø  RBI balance sheet up 12.3% at Rs 32.43 lakh cr in 2015-16

Ø  Tata Sons reaches for the sky, infuses more funds in Vistara, Air Asia

Ø  Shree Renuka Sugars to exit Brazil partially to reduce debt

Business Line

Ø  Indian Oil Q1 net rises 31% on improved margins from petrochem business

Ø  DLF Q1 profit doubles on sale of DT Cinemas

Ø  Pharma pricing body moves to recover money overcharged by firms 

Ø  Mallya deliberately didn’t disclose full assets: banks to Apex court

Ø  With Harvard University, Tata’s JLR hopes to soon steer fleet of driverless cars

Mint

Ø  Gautam Adani’s Carmichael mine project upheld by Australian court

Ø  SBI pushing for Jyoti Structures takeover by Dubai’s Amin Group

Ø  Goldman Sach subsidiary sells stake in Max Ventures

Ø  The biggest challenge in implementing Sebi’s algo curbs could be Sebi

Ø  L&T Technology Services gets Sebi clearance for IPO

Ø  Reliance Jio pre-launch offer now available on Sony, Videocon phones

Financial Express               

Ø  RBI concerned over weak monetary policy transmission

Ø  FSDC's sub-committee discusses global, domestic developments

Ø Government defers mega spectrum auction by 2 days to October 1

Ø  PACL case: Sebi puts on sale properties across 192 districts

Ø  NHAI awards Rs1,646-cr contract to Ashoka Buildcon, Ramky Infra



Financial Chronicle

Ø  Plea to RBI, Sebi to stop SBT-SBI merger

Ø  KNPP Unit-2 synchronised with southern grid

Ø  Jaitley wants Indo-US trade on firmer footing

Ø  India bids for Chinese investments in tourism

Ø  Prospects for Fed rate hike to drive mkt sentiment

Ø  Offshore funds, ETF witness over $5b net outflows

WEEKLY REPORT

                                         
FUNDAMENTAL VIEW:

• The direction of the market for the coming week will be decided by Last phase Indian Corporate Q1 results, Progress of monsoon, Greenback and Crude Volatility and FPIs Flows.
• On 31 August Wednesday Second Quarter GDP data and M3 money supply information are published in India at 5:30 pm. Previous GDP was 7.9%.
• India Infrastructure Output Year on Year July to be out. Previous was 5.2%.
• On 1st September Thursday India Nikkei Manufacturing PMI August to be out at 10:30 am. Previous PMI was 51.8.
• August Auto Sales Nos to be announced on 1st September Thursday. Watch out for auto stock like Maruti, Hero Moto, Bajaj Auto, Tata Motors, Ashok Leyland, Eicher Motors and TVS Motors.
EARNINGS THIS WEEK:
• MONDAY: IOC, DLF
• TUESDAY: CROMPTON GREAVE, Indraprastha.
• WEDNESDAY: BPCL, UB Holdings.
• THURSDAY: APOLLO HOSPITAL, TV TODAY NETWORK, Mahanagar Gas.
• FRIDAY: J KUMAR INFRA.
• SATURDAY: JUBILANT FOOD, MRPL.
GLOBAL EVENTS:
• MONDAY: UK markets closed for August bank holiday, Updated Personal Income Data are to be out in the US, US PCE index (July).
• TUESDAY: The Bank of England publishes Mortgage Data for the UK, Consumer Confidence Numbers are issued in the US alongside the Latest Case-Shiller Home Price Indices.
• WEDNESDAY: Japan sees the Release of Construction Orders, Housing Starts and Industrial Production Figures, Unemployment and Flash Inflation Numbers are published by Eurostat for the currency union. Eurozone Unemployment (July), Inflation (August, flash), ADP Mortgage Data are out in the US, US Chicago PMI (August), US Pending Home Sales (July), US EIA crude inventories.



• THURSDAY: Manufacturing PMI results are published worldwide, including the new Nikkei ASEAN Manufacturing PMI, China Manufacturing and Non-Manufacturing PMI (Aug), China Caixin Manufacturing PMI (Aug), UK manufacturing PMI (August), The US sees the release of Revised Productivity Data, US Initial Jobless Claims: Expected to rise to 264K from 261K, US ISM Manufacturing PMI (August).
• FRIDAY: Producer Price Figures are Released in the Euro Area, UK construction PMI (August): Forecast to rise to 46.6 from 45.9, Factory Orders Data are issued in the US, US non-farm payrolls (August).
TECHNICAL VIEW:
Nifty 50 (8572)
• Nifty last week showed cooling down from its resistance zone of 8700-8740 and now is again heading towards its support zone of 8470..8500.
• It has a bounce back support zone around 8520-8550 which can take it to the resistance zone and this time if holds the support zone of 8470 it can break the range on higher side. 
• If breaks the support zone this time it can fall 8400-8350-8330.
Nifty Bank (19195)
• Nifty bank had given breakout last week and maintained too above 19200 zone 
• But last two days after touching our recommended (19500) it showed some cooling signals.
• This time if breaks 19000 it can show 18800-18600 
• If maintains above 19200 can again show 19500-19600-19800.

CALL OF 26/08/2016 FRIDAY

@ 10:27

Buy Reliance Capital ltp 487 

sl 484 

trgt 514

TRGT HIT

IOC Q1

Net Profit At Rs.8269 Cr

Total Income At Rs.1,07,200.7 Cr Vs Rs.98,704.7 Cr (QoQ)

Board Approves 1:1 Bonus Issue

NIFTY BANK VIEW:

Nifty Bank (19195)

Nifty bank had given breakout last week and maintained too above 19200 zone 

But last two days after touching our recommended (19500) it showed some cooling signals.

This time if breaks 19000 it can show 18800..18600 

If maintains above 19200 can again show 19500..19600..19800

NIFTY VIEW:

Nifty 50  (8572)

Nifty last week showed cooling down from its resistance zone of 8700..8740 and now is again heading towards its support zone of 8470..8500

It has a bounce back support zone around  8520..8550 which can take it to the resistance zone and this time if holds the support zone of 8470 it can break the range on higher side 

If breaks the support zone this time it can fall 8400..8350..8330

Economic Times

Business Standard

Ø  India, US eye bilateral trade worth $500 bn: Report

Ø  Aurobindo, Intas in race for $1 billion buyout of Teva UK

Ø  Govt may advance Parliament session to approve GST

Ø  Forex reserves increases to $367 billion

Ø  Crops cover 5 per cent more area than year ago

Ø  SFIO widens Mallya probe; top bankers under scanner

Ø  $1 bn fund in the works for renewables: Piyush Goyal



Ø  Paytm to raise $300 million, valuation pegged at $5 billion

Ø  RBI unions write to MPs, state FMs against PDMA

Ø  Adani Enterprises promoters pledge shares

Ø  REC to seek shareholder nod on September 21 for raising Rs 50,000 crore

Ø  Draft vehicle scrapping policy to be ready in a fortnight

Ø  NBCC share sale: 8 merchant bankers vie to manage the show

Business Line

Ø  Zee Unimedia eyes ad business from other media outlets, too

Ø  To reduce dependence on IPPs, Suzlon to focus on captive customers

Ø  Madhya Bharat Agro to launch IPO on Monday

Ø  ACC poised to ramp up manufacturing capacity with Jamul, Sindri plants

Ø  Centre working to provide farm loans in timely manner: Minister

Mint

Ø  Sebi mulling relaxed norms for REITs, InvITs, start-ups listing

Ø  Trade unions refuse to call off 2 September strike

Ø  Flipkart valuation downgraded by Morgan Stanley 3rd time in 6 months

Ø  Coal India to spend Rs7,765 crore to increase mining capacity

Ø  Tax resolution scheme: CBDT to write to 2.59 lakh taxpayers

Ø  NSE to complete delisting process of 140 companies in two months

Financial Express              

Ø  India, US set to sign key logistics agreement

Ø  Power Grid to electrify 1,000 km of rail tracks on pilot basis

Ø  Huawei Reaffirms Commitment to ‘Make in India’ Vision

Ø  Insurers to file compliance to investment norms form March

Ø  Gold rebounds on jewellers' buying, silver jumps Rs 280/kg



Financial Chronicle

Ø  Policymakers plan for 'brave new world' as Fed nears rate hikes

Ø  Monsanto lobbies with US lawmakers on Indian norms

Ø  Investors have to track share pledging moves

Ø  India no exception to external trends in a global economy

Ø  Govt moots Rs 1.5kcr security fund for solar projects

Ø  Welspun tangle points to quality challenges

Market Update

Sgx Nifty -10 pts
‎Dow -53.01 pts ,Nsdq +6.71 pts , S&P -3.43 pts ‎, Bovespa -5 pts , Ftse +21 pts , Dax +58 pts  , Cac +35 pts , Nikkei  +349 pts  now, Crude @ $47.22 brl (-0.42), Brent @ $49.59 brl (-0.33) , Gold @ $1322.40 (-3.50), Silver @ $18.57 (-0.17), Euro @ $1.1194, JPY @ $101.9000, INR @ $67.0587



Today's Corporate Action
29th Aug  Ex Date


BAYERCROP
Final Dividend - Rs. - 17.0000
JKLAKSHMI
Dividend - Rs. - 0.2500
KEI
Dividend - Rs. - 0.5000
MMFL
Interim Dividend - Rs. - 5.0000
‎

‎



Today's Key Result
29th Aug 


DLF( 125 Cr +3% Yoy)
IOC( 4107cr -36% Yoy) 
Ashoka Build, Bannari Amman Sug,  Eclerx Ser,Gmdc,Moil,Rcf,Sri Pipes,Tulip Star
Srcs-Cogencis Est Net

Tata Motors Q1

Cons Net Profit At Rs.2,236 Cr Vs CNBC-TV18 Poll Of Rs.2,856 Cr

Cons Total Income +9% At Rs.67,056.1 Cr Vs Rs.61,510.2 Cr (YoY)

CALL OF 26/08/2016 FRIDAY

@ 01:15

Intraday call 

Buy LT ltp 1441 

sl 1432 

trgt 1455/1462

SL HIT

CALL OF 24/08/2016 WEDNESDAY

Pre market call

Buy  Eq Asian Paint cmp 1126 

sl 1098 

trgt 1160/1184

SL HIT

CALL OF 24/08/2016 WEDNESDAY

@ 02:31

Buy CESC sep fut ltp 656 

sl 649 

trgt 669

TRGT HIT

EXIT

NIFTY VIEW:

Nifty 50 ( 8590)

Nifty has made yesterday gave a close with a bearish engulfing candle.

But it is stuck in a range of 8470..8730.

Break through either side will decide the further trend 

Yesterday being expiry day profit book had taken place, today's closing is important to assume the further trend in market 

Nifty is near its support zone of 8530.8470.

if holds this can resume back to resistance zone of 8730, Above 8730..40 zone can show 8840

If breaks 8470 can show 8390.

Business Standard

Ø  SBI and ICICI Bank "too big to fail" for second year in a row

Ø  RBI asks banks to strictly comply with crop insurance scheme

Ø  Russia becomes top wheat exporter to the world

Ø  Govt to transfer PMAY funds directly to beneficiaries

Ø  Liquidity shifting from EU to EM: Ridham Desai 

Ø  Jio extends free trial offer to Gionee, Karbonn owners

Ø  BoB's total business takes Rs 90,000-cr hit in FY16

 Ø  RBI allows banks to raise Masala bonds, opens up currency market

Ø  Decks cleared to shut down 7 PSUs

Ø  Ajay Piramal, Venu Srinivasan join Tata Sons' board

Ø  SBI, ICICI continue to be systemically important: RBI

Ø  IDBI Bank opts for AT-1 bonds to raise Rs 1,500 cr

Ø  Insurers to file compliance to investment norms from Mar2017

Ø  Bloomberg acquires Barclays Risk Analytics

Business Line

Ø  HDFC to issue NCDs worth Rs. 500 cr on Friday

Ø  IOC to consider bonus shares issue

Ø  Natco Pharma gets EIR from USFDA for Chennai facility 

Ø  ITC sues Britannia for allegedly copying biscuit packaging style

Ø  Welspun to appoint external auditor to look into alleged supply lapses

Ø  Gems, jewellery exports up 12% in April-July 

Mint

Ø  RBI says large firms have to pay more for bank loans, starting FY18

Ø  Kingfisher Airlines brands fail to find buyers for the second time

Ø  Brokerages lower growth outlook for IT sector

Ø  Asia-Pacific beats North America in fintech investment: report

Ø  Uber is said to lose at least $1.2 billion in first half of 2016

Ø  Power, port assets to be included in Essar-Rosneft deal

Financial Express               

Ø  Sensex slips 224 points on F&O expiry, Nifty settles below 8,600;

Ø  Vodafone India to delay IPO filing until towards end-2016 - IFR

Ø  EMA accepts Mylan, Biocon Trastuzumab biosimilar for review

Ø  IndiGo seeks shareholder nod to up borrowing cap to Rs 20k cr

Ø  Patanjali becomes 3rd largest FMCG seller at Future Retail


Financial Chronicle

Ø  Back to licence raj, stock limit on sugar mills likely

Ø  MFs asset base from B15 cities up 19% to Rs 2L cr

Ø  IOC to invest Rs 650 cr in Tripura, send tankers via Bangladesh

Ø  India attracts $339 million fintech investments

Ø  Fed eyes public spending to plug $1t investment gap

Ø  Pfizer to buy antibiotics business from AstraZeneca

Market Update

Sgx Nifty -4 pts
‎Dow -33.07 pts ,Nsdq -5.47 pts , S&P -2.97 pts ‎, Bovespa +4 pts , Ftse -18 pts , Dax -93 pts  , Cac -28 pts , Nikkei  -163 pts  now, Crude @ $47.34 brl (+0.01), Brent @ $49.67 brl (+0.62) , Gold @ $1324.00 (-0.60), Silver @ $18.48 (-0.00), Euro @ $1.1287, JPY @ $100.5600, INR @ $67.0550



Today's Corporate Action
26th Aug  Ex Date


FINCABLES
Final Dividend - Rs. - 2.0000
FINCABLES
Special Dividend - Rs. - 0.5000
PFC
Bonus issue 1:1
TCI
Spin Off 

‎



Today's Key Result
26th Aug 


Tata Motors ( Cons 2501 Cr -10% Yoy) 
P& G( 100 Cr - 6% Yoy) 
Finolex Inds,Guj Inds,Jb Chem, Jbf Inds,Pratibha Inds,Shilpa Medi,Triveni Eng 
Srcs-Cogencis Est Net 



Today's Data Alert


Aug 26: TERM REPO: 14-day variable rate term repo for 190 bln rupees. Bids to be submitted between 1100 and 1130 IST.




Today's Global Data



Aug 26: US foreign central bank holdings; 0200 IST

Aug 26: US Federal discount window borrowings; 0200 IST

Aug 26: US money stock measures; 0200 IST

Aug 26: UK August Hometrack UK Cities house price index data; 0431 IST

Aug 26: Japan July consumer price index data; 0500 IST

Aug 26: Japan August Tokyo consumer price index data; 0500 IST

Aug 26: Germany September GfK consumer climate survey data; 1130 IST

Aug 26: European Union July monetary developments in the euro area data; 1330  IST

Aug 26: UK Apr-Jun business investment provisional results data; 1400 IST

Aug 26: UK Apr-Jun gross domestic product second estimate data; 1400 IST

Aug 26: UK June monthly service sector figures; 1400 IST

Aug 26: US Apr-Jun preliminary corporate profits data; 1800 IST

Aug 26: US Apr-Jun gross domestic product second estimate data; 1800 IST

Aug 26: Federal Reserve Chair Yellen to speak at Federal Reserve Bank of
Kansas City's annual monetary policy symposium in Jackson Hole; 2030 IST

Aug 26: US August University of Michigan survey of consumers data; 1930 IST

Aug 26: Bank of Japan annual review

Aug 26: German chancellor Merkel to meet several European leaders

CALL OF 23/08/16 TUESDAY

@ 12:27

Buy Icici bank ltp 250 

sl 246.90 

trgt 256

SL HIT

CALL OF 23/08/16 TUESDAY

@ 03:18

BTST CALL

Tata Steel ltp 385 

sl 377 

trgt 394

SL HIT

Economic Times

Business Standard

Ø  Union Cabinet clears new India-Cyprus DTAA

Ø  SBI may partner LIC, IIFCL for credit enhancement fund

Ø  CCI clears way for setting up of $17-billion entity

Ø  Bad loans of state-run banks double in 15 months

Ø  KFA brands to be auctioned again on Thursday

Ø  Mukesh Ambani's hunts for 100 million Jio subscribers

Ø  Private sector bankers salary misaligned: RBI



Ø  Nirmala Sitharaman plumps for 200 bps rate cut by RBI

Ø  Tata Global Beverages to explore restructuring or selling China operations

Ø  Record German budget surplus fuels investment debate

Ø  Vodafone-Idea merger not easy, unlikely anytime soon: analysts

Ø  Lupin arm gets USFDA nod to market generic Zyvox tablets

Ø  Sebi reviews warehousing norms for agricultural products

Business Line

Ø  GST rate should be lower for essential food items: CII 

Ø  NBCC plans to build on business with Hindustan Steelworks acquisition

Ø  GST to have inflationary impact: Cyrus Mistry

Ø  Strides Shasun gets USFDA nod for Ranitidine tablets

Ø  ‘Energy Efficiency will unlock hidden savings in manufacturing sector’ 

Mint

Ø  LIC won’t hike investment in stocks in 2016-17

Ø  Essar said to face asset sale challenge from IDFC private equity

Ø  Tata Global Beverages looks to enter dairy business

Ø  Infosys may get about $60 million for GST project

Ø  SBI plans to raise Rs11,100 crore through AT-1 bonds

Ø  Kingfisher Airlines brands to be auctioned again at lower price

Financial Express               

Ø  India Inc enduring deepest earnings decline in 20 years: Morgan Stanley

Ø  Assets with portfolio managers up at Rs 11.2L cr in July-end

Ø  India to receive normal rains, not surplus, as La Nina chances fade

Ø  Zydus Cadila recalls over 2lakh bottles of anti-depressant drug in US



Financial Chronicle

Ø  'Realty law to cut litigation, ensure timely delivery'

Ø  Power tariffs to rise, as freight rate hiked

Ø  TCS settles Orange County lawsuit for $26 million

Ø  Walmart reviews cotton certification records of Welspun

Ø  Chinese firms’ bid to buy $1.5b Pakistan utility stake

Ø  Samsung, Tencent to become Asia’s most valuable firm

Market Update

Sgx Nifty +1 pts
‎Dow -65.82 pts ,Nsdq -42.38 pts , S&P -11.46 pts ‎, Bovespa -302 pts , Ftse -32 pts , Dax +30 pts  , Cac +14 pts , Nikkei  -61 pts  now, Crude @ $46.76 brl (-0.01), Brent @ $49.05 brl (-0.91) , Gold @ $1328.80 (-0.90), Silver @ $18.54 (-0.02), Euro @ $1.1263, JPY @ $100.5400, INR @ $67.1013



Today's Corporate Action
25th Aug  Ex Date


BPTEX
Reduction of Capital 
CREATIVE
Final Dividend - Rs. - 3.0000
GNFC
Dividend - Rs. - 2.0000
GPTINFRA
Interim Dividend - Rs. - 1.0000
INDIANCARD
Interim Dividend - Rs. - 10.0000
ITHL
Dividend - Rs. - 4.2500
JAYBARMARU
Final Dividend - Rs. - 2.0000
JBMA
Dividend - Rs. - 1.7500
JINDALSAW
Spin Off 
JKTYRE
Dividend - Rs. - 2.5000
MAYURUNIQ
Buy Back of Shares 
MAYURUNIQ
Interim Dividend - Rs. - 0.2500
NUTRICIRCLE
Reduction of Capital 
SHRIDINE
Dividend - Rs. - 1.5000
STRTECH
Final Dividend - Rs. - 1.0000
USHDI
Dividend - Rs. - 1.0000
VIMTALABS
Dividend - Rs. - 1.0000

‎



Today's Key Result
25th Aug 


Gammon Infra, Jyoti Structure  
Srcs-Cogencis Est Net 


Today's Data Alert


Aug 25: Janmashtami. Central government offices closed.




Today's Global Data



Aug 25: UK July monthly automotive manufacturing figures; 0431 IST

Aug 25: Japan July Services producer price index data; 0520 IST

Aug 25: Germany August Ifo business climate index data; 1330 IST

Aug 25: UK July CML mortgage lending figures; 1400 IST

Aug 25: UK August CBI quarterly distributive trades survey data; 1530 IST

Aug 25: US July advance report on durable goods; 1800 IST

Aug 25: US unemployment insurance claims report for the week ended Aug 19;1800 IST

Aug 25: US export sales data for the week ended Aug 19; 1800 IST

Aug 25: US August Flash services purchasing managers' index data; 1915 IST

Aug 25: US EIA natural gas storage report for the week ended Aug 19; 2000
IST

Aug 25: Federal Reserve Bank of Kansas City August survey of tenth district manufacturing data; 2030 IST

NIFTY BANK VIEW

Nifty bank (19341)

Nifty bank as mentioned earlier it has given a breakout above 19200 it can show 19400..19500 it showed it 
Yesterday it had hold above 19200 and resumed back .

Today above 19380 can touch 19494 

If maintains above 19500 can show 19630..19840..19920 in coming days

Below 19200 can fall to 18800.

NIFTY VIEW

Nifty 50 (8632)

Nifty is trading in a very narrow range of around  8600..8700.

Yesterday it broke 8600 and resumed back ending the day with Hammer candlestick.

Today if nifty maintains above 8650 it can test 8730 and if this time breaks the range above 8730 it can enter into a new rally zone to touch 8840. 

The support zone lies around 8530...8470

Due to expiry volatility can be seen in market