Monday, 6 July 2015

6/7/2015 MONDAY 

INDIAN MARKET
SENSEX:28208.76(+115.97)
NIFTY:8522.15(+37.25)
BANKNIFTY(CASH):18825.15(+95.5)
SGXNIFTY:8534(+42.5)

EUROPEAN MARKETS:
FTSE:6553.3(-32.48)
CAC:4742.48(-65.74)
DAX:10924.7(-133.69)

ASIAN MARKETS:
NIKKIE:20112.12(-427.67)
STRAITS:3332.94(-9.79)
HANGSANG:25236.28(-827.83)

US FUTURES ON NSE:
DOW FUT:17600(-110)
S&P500 FUT:2063(-10.25)

GAINERS:
DRREDDY:+3.59%
CIPLA:+3.51%
BPCL:+3.1%
ACC:+1.66%
BANKBAROS:+1.56%

LOSERS:
VEDANTA:-4.19%
NMDC:-1.87%
TECHM:-1.49%
HINDALCO:-1.4%
POWERGRD:-1.06%

 Sensex gains 135 points to end above 28,200

 Tech Mahindra hits fresh 52-week low

Greek referendum hasn't created a panic-like situation: Samir Arora

Arvind Remedies surges 20% on proposed investment

 Bliss GVS Pharma soars over 30% in two days on bagging $35 million contract

OMCs extend rally on drop in oil prices

 Tilaknagar Industries soars 20% on buyout report

 Kotak Mahindra Bank gains on FIPB nod to increase foreign investment limit

 VA Tech Wabag gains as JV wins Rs 580 crore project in Bahrain

 Suzuki to ride on Indian roads without Maruti

 Coal India goes on a production overdrive to fuel economy

BookMyCab gets licence from Delhi govt

 VA Tech WABAG wins Rs 5,800-cr project in Bahrain

Appelate Tribunal upholds temporary suspension of Gateway Distriparks' Chandra container freight Station

 We plan to take India sales to China levels in 5 years. 
06/07/2015
Buy nifty july fut ltp 8420 sl 8380 trgt 8440..60..94
SGX - 81

Sunday, 5 July 2015

MARKET WEEKAHEAD:

The following are the factors
which is expected to impact market this week and may remain range-bound.

Outcome of Greek referendum

First quarter earnings of IT major TCS.

Industrial production data (IIP)

Progress of monsoon would guide market

Gremek’s sovereign default is behind us and markets now keenly await the Greek vote which would decide the acceptance of creditor’s proposals for bailout package. MARKET WEEKAHEAD:

The following are the factors
which is expected to impact market this week and may remain range-bound.

Outcome of Greek referendum

First quarter earnings of IT major TCS.

Industrial production data (IIP)

Progress of monsoon would guide market

Greek’s sovereign default is behind us and markets now keenly await the Greek vote which would decide the acceptance of creditor’s proposals for bailout package. 

Greek default and exit from Euro region may bring volatility in future, if situation demands.

Markets have already discounted these facts and is to remain range-bound in the near-term: Analysts

Quarterly earnings as Tata Consultancy Services will announce its Q1 results on Thursday.

Moreover, investment trend by foreign investors and movement of rupee against dollar would also influence trading.

Meanwhile, Index of Industrial Production (IIP) data for the month of May is due on Friday.

Even as India Meteorological Department predicted deficient rainfall in July, Skymet, a private weather agency, last week stuck to its forecast of “normal” monsoon in the month.

The Grexit issue seems to be an overhang for quite some time and the clear picture will only emerge after the referendum.

For the past week, the benchmark BSE Sensex rose by 280.95 points to 28,092.79.
Greek default and exit from Euro region may bring volatility in future, if situation demands.

Markets have already discounted these facts and is to remain range-bound in the near-term: Analysts

Quarterly earnings as Tata Consultancy Services will announce its Q1 results on Thursday.

Moreover, investment trend by foreign investors and movement of rupee against dollar would also influence trading.

Meanwhile, Index of Industrial Production (IIP) data for the month of May is due on Friday.

Even as India Meteorological Department predicted deficient rainfall in July, Skymet, a private weather agency, last week stuck to its forecast of “normal” monsoon in the month.

The Grexit issue seems to be an overhang for quite some time and the clear picture will only emerge after the referendum.

For the past week, the benchmark BSE Sensex rose by 280.95 points to 28,092.79.
Greek voting closes with opinion polls predicting victory for 'No' vote #greek referendum 
GREECE UPDATE : EU Parliament chief :Greece has to introduce new currency if "NO" vote wins

Friday, 3 July 2015

BSE banking index rises 0.8 percent, capital goods index up 0.6 percent

Vedanta falls nearly 2 percent, Coal India and Tata Steel down more than 1 percent - top Sensex losers

Shares in HDFC and Hero MotoCorp rise more than 2 percent, Lupin and HDFC Bank up over 1 percent - top Sensex gainers

MARKET UPDATES

INDIAN MARKETS:
SENSEX:28092.79(+146.99)
NIFTY:8484.9(+40)
BANKNIFTY(CASH)18729.65(+144.1)
SGXNIFTY:8497.5(+67.5)

EUROPEAN MARKETS:
FTSE:6612.32(-18.15)
CAC:4819.59(-15.97)
DAX:11091.91(-7.44)

ASIAN MARKETS:
NIKKIE:20539.79(+17.29)
STRAITS:3342.73(+14.89)
HANGSANG:26064.11(-218.21)

US FUTURES ON NSE:
DOW FUT:17710(-25)
S&P500 FUT:2074.75(-2.5)

GAINERS:
INDUSIND:+2.73%
HEROMOT:+2.4%
LUPIN:+1.91%
LUPIN:1.65%
HDFCBANK:+1.52%

LOSERS:
VEDANTA:-1.73%
TECHM:-1.61%
CAIRN:-1.61%
COAL:-1.54%
WIPRO:-1.12%

 Markets finish higher; HDFC twins zoom

 MTNL surges 20% on delisting buzz

 BSE to shift 29 cos to restricted trade; NSE to move 6

Steel Strips Wheels up as June sales rise 15%

 Bajaj Finance hits lifetime high; surges 30% in one month

 Salora International gains on board nod for mobile phone unit

 Bliss GVS Pharma zooms 20% on bagging $35 million contract

 Lupin gains on acquisition of Russian drug firm Biocom

 Rajesh Exports hits new high as board approves acquisition in Europe

BSNL, MTNL merger decision to be taken in 4-5 months

 Airbus to build military choppers in India with Mahindra

 TVS XL moped reaches one crore sales mark

 Infosys to invest $10 million in Irish start-ups

 Volvo launches S60 T6 in India at Rs 42 lakh

 Canada follows suit, seventh country to clear Maggi noodles

 Infrastructure plays: Getting market attention

 Steel companies sell assets, recast loans to cut spiralling debt.
Bonus and split in page ind coming soon.
Lupin shares rise nearly 2 percent after the drugmaker buys generic pharmaceutical company Biocom in Russia
Greece referendum –  
Sunday’s Timetable (IST):   
1130 PM (Sun) ~ 20% of votes counted   
  1.30 AM (mon)~50% counted   
2.30 AM (mon)~70% counted   
4.30 AM (mon)~90% counted
Crude has opened 3632 and has made a low of 3602 below 3600 we can see 3480 coming 
If maintains and give close above 3690 we can see upward momentum
03/07/2015
Intraday nifty below 8430 we can see 8380 sl 8484..

IMPORTANT INFO

Cnx nifty (8444)



As informed earlier nifty has stiff resistance zone 8440..8500 yesterday it traded in this zone 

TODAY'S TRADING WILL DECIDE YESTERDAY'S TRADE WAS A DIP IN NIFTY OR WE CAN SEE AGAIN 8180..7940 LVLS


TODAY IF NIFTY MAINTAINS ABV 8500 ..8520 AND CLOSING ABV IT WE CAN SEE RALLY OF 300 POINTS STRAIGHT TO 8800 

IF FACES RESISTANCE AT 8480..8520 WE CAN SEE LOWER LVLS



ALL THE BEST ALL TRADERS

STOCKS OF 3 JULY




 Hpcl is in strong rally mode if trades abv 784 with volumes we can see 60 points move in coming 2 days with sl 765 
If maintains below 765 we can see 740 lvls

 L&TFh maintains abv 67 we can see 68.60..71.60
If maintains below 67 it can fall to 64


Escorts if maintains abv 132 we can see 143 in coming days if trades below 132 we can see 124

Thursday, 2 July 2015

02/07/2015
LIC HOUSING FIN BUY 460  SL 453 TRGT 467-473

2.07.15
PETRONET (190.30)
Petronet has given breakout abv 190 if it trades abv 192.60 we can see 210 in coming days 
185..188 can be a gud buying zone for entry sl 178

PETRONET TODAY FELT TO BUYING ZONE

NBCC 988.40)


Nbcc has given breakout can show 1018 abv 995 sl 970 

If breaks 900 we can see 848 lvls
HIGH MADE 1024-- TARGET ACHIEVED

MARKSANS (68.15)

 Marksans has given breakout we can see 75 in coming days 
If falls to 60..62 it will be a gud buying zone sl 56
TODAY HIGH MADE OF 72 

CEAT 709

Ceat has a given a positive pattern breakout 
It has a stiff resistance @ 709 abv 710 we can see it going towards 720 ..750..790 sl 630
If faces resistance 709 it can fall to 650
TODAY MADE A HIGH OF 733


JISl (69.80)
It has stiff resistance @ 72 
Abv 73 we can see gud momentum in the stock if falls to 64 it will be a gud buying zone sl 59
MADE A SPIKE OF 73.30

IGL (457)


IGL is near its all time high 487 .It made a high of 485 today 

If it faces resistance and falls to 416..426 lvls it can be a gud buy sl 386
For a trgt of new high

Tata motor sign pact in australia for assemble jaguar and today highway review policy
Buy Infy abv 1004 trgt 1016/1032 sl 985.40
JUST MADE A SPIKE OF 984.
TARO(GET USFDA APPROVAL)
LUPIN(GET USFDA APPROVAL)
ALEMBIC(GET USFDA APPROVAL)
STRIDE(FII WINDOW OPEN)

STOCKS FOR 2 JULY

PETRONET
(190.30)
Petronet has given breakout abv 190 if it trades abv 192.60 we can see 210 in coming days 
185..188 can be a gud buying zone for entry sl 178


Nbcc (988.40)

Nbcc has given breakout can show 1018 abv 995 sl 970 
If breaks 900 we can see 848 lvls


Marksans (68.15)
 Marksans has given breakout we can see 75 in coming days 
If falls to 60..62 it will be a gud buying zone sl 56


Ceat 709
Ceat has a given a positive pattern breakout 
It has a stiff resistance @ 709 abv 710 we can see it going towards 720 ..750..790 sl 630
If faces resistance 709 it can fall to 650




JISl (69.80)
It has stiff resistance @ 72 
Abv 73 we can see gud momentum in the stock if falls to 64 it will be a gud buying zone sl 59


Igl (457)

Igl is near its all time high 487 .It made a high of 485 today 
If it faces resistance and falls to 416..426 lvls it can be a gud buy sl 386
For a trgt of new high

Wednesday, 1 July 2015

Hero Motocorp Total Sales at 5.42 Lakh Units vs 5.41 Lakh (YoY) and market Estimate of 5.77 Lakh Units.
 Today's Economical Data to watch: 

5:45pm USD ADP Non-Farm Employment Change
7:15pm USD Final Manufacturing PMI
7:30pm USD ISM Manufacturing PMI
7:30pm USD Construction Spending m/m
7:30pm USD ISM Manufacturing Prices
8:00pm USD Crude Oil Inventories
All Day USD Total Vehicle Sales

Today crude oil inventories: 
Exp: -1.9M Prev: -4.9M. Actual is at 8.00PM
 US ADP Non-Farm Employment Change
237K VS 201K ===> DATA IS WEAK FOR BULLION



Volume Report : 

Indraprastha Gas [+8.98%] topped by trading 27.9 times its 3-week average volume.

High (rupee) volume activity today was also recorded in 

Kaveri Seed Co [-0.31%],
Jain Irrigation [+3.74%], 
Ceat [+6.84%], 
Marksans Pharma [+6.59%], 
NBCC [+9.26%] and 
Petronet LNG [+2.68%] (descending order). 

They all traded over 3.0 times their average daily volume (BSE+NSE) of the last three weeks.

These are the volume toppers from the 240 most active stocks.
Buy crude ltp 3738 sl 3710 trgt 3780....90
Market Wrap Up:

Sensex reclaims 28,000; Banks, capital goods key gainers

The benchmark indices shrugged off the Greece uncertainty to end at around six-week highs on the back of strong May core sector growth back home and positive cues from the global market front. The above-normal monsoons also boosted sentiment on Dalal Street.

The BSE Sensex reclaimed the psychologically crucial mark of 28,000 to end at 28,020, stronger by 240 points or 0.8% and the Nifty ended above the technically important level of 8450 at 8,453, up 84 points.

The broader markets out-performed their largecap counterparts; the BSE Mid-cap and Small-cap indices ended higher by 1.4% each at 10,828 and 11,232 respectively.

MACRO-ECONOMIC SCENARIO

Growth in production in the eight key infrastructure sectors hit a six-month high of 4.4% in May, after two consecutive months of decline, indicating a recovery in industrial activity. The index of these eight core sectors grew 3.8% in the corresponding month last year.

The rupee pared its initial loss and was trading at 63.64 against the dollar in noon trades amid bouts of dollar selling by banks and exporters. The rupee had opened lower at 63.66 a dollar at the Interbank Foreign Exchange (forex) as against 63.64 in the previous session.

MONSOONS

According to the India Meteorological Department (IMD), the country received around 189.5 millimetres of rain in June as against a normal of around 163.6 millimetres.

GLOBAL MARKETS

Global markets have stabilized, after being rattled in the previous session, even as Greece ended up defaulting on its euro 1.55 billion loan ($1.73 billion) to the International Monetary Fund (IMF) on June 30, with creditors rejecting a last-ditch effort to buy more time.

Meanwhile, rating agency Fitch has cut its long-term rating on Greece to 'CC' from 'CCC' amid turmoil over the country's debt negotiations which resulted in fears that the nation could make an exit from the euro zone.

The Asian stocks edged higher as investors apparently took Greece's missed loan payment to the IMF in their stride. The key benchmark indices in Japan, Indonesia, South Korea, Singapore and Taiwan gaine dupto 1% each. China's Shanghai Composite was, however, down 1.9%, while the Hong Kong market was closed for holiday.

The European mindices, including FTSE, CAC and DAX have gained 1-3% each on hopes that the Greece Prime Minister Alexis Tsipras was likely to accept most bailout conditions.

SECTORS & STOCKS

All the sectoral indices ended in the green, with the exception of the FMCG space. Banking, auto and capital goods ranked among the major gainers.

Among the individual heavyweights, Bhel, Axis Bank and Cipla were the major gainers on the BSE, while Lupin, Bajaj Auto and ITC ende dweak.

On the sectoral front, public sector undertaking (PSU) banks were back into action, gaining 2%-6% each, on reports quoting the Minister of State for Finance Minister Jayant Sinha as saying that the government was drawing up a comprehensive package to help state-run bank and improve the flow of credit to industry.

State Bank of India (SBI), Oriental Bank of Commerce, Union Bank of India, Bank of India, Canara Bank and Punjab National Bank gained  2%-4% each. The private banking space also rose in tandem, with ICICI Bank, Axis Bank and Yes Bank rallying between 1% and 3% each.

Auto stocks gained strength post auto major Maruti Suzuki's June sales numbers. Maruti Suzuki was up nearly 1% after the company sold 114,756 vehicles in June, 2015, registering a growth of 1.8% over the previous year. Tata Motors, M&M and Ashok Leyland ended higher between 1% and 2% each.

In the capital goods space, BHEL, L&T and BEML added 1%-2% each on the back of the core sector growth numbers.

On the other hand, ITC shed 0.4%, dragging the FMCG index lower in the process.

The market breadth was strong, with 1,877 gainers as against 901 losers on the BSE.



1/07/2015
Buy Hdfc bank around abv 1070 add Qty if falls to 1048 ..44 zone sl 1020 trgt 1108

trgt achieved
Today high made 1109.70


1/07/2015 
BUY WIPRO LTP 541 SL 528 TRGT 557 /564
Made high of 553.90
Today made high 556.90 almost 1st trgt done

30/06/2015

Arvind is near its stiff resistance of 271 above this can go 279/289 
Below this we can see 260/58/54

Sun Tv trend down sell near 303 sl 323 trgt 284/274

Page Ind 15214
Trend has reversed abv 15420 ....15638/15899
Below 14664 selling

Ajanta pharma 1574  
Has also reversed abv 1576...can go 1600 /1660
Below 1500 selling

JSW Steel trend down sell on rise to 886..910 levels sl 917

Coal india all time high 324.
Resistance 350.
May rise to 530 levels in upcoming three months.

CLSA ON RIL

Raise target to `1300 from `1150, Maintain Buy
Start of projects worth $25bn in 18 months a key trigger
Option value of $17bn if retail, telecom and fuel retail are successful
Start of downstream expansions will lift Ebitda by 75% over 3 years
Stock price could double over next 3 years

CLSA ON EICHER

Maintain Buy, Target `21800
Dealer survey shows that waiting period for RE bikes has moderated 
Waiting list decline driven by higher supplies and network expansion
Demand continues to remain very strong
RE remains a long-term structural story

CREDIT SUISSE ON BPCL

Raise target to `1000 from `870, Maintain Outperform
Petrobras guidance cut negative for BPCL in the near term
Petrobras cut 2020 oil output targets by 30-35%, E&P capex run-rates
Expect progress at Brazil assets to be muted for the next few months
Divestment can help medium-term outlook for stock

BOFA ML ON GLENMARK

Raise target to `1100 from `1075, Maintain Buy
Zetia approval is positive as it offers launch certainty
Zetia to contribute US$200mn profit between Glenmark, Par Pharma
US business to double in FY15-18 on back of ramp-up in US approvals
Margins to expand, cash flow to improve oveAr FY15 - 18

GOLDMAN SACHS ON REALTY

Downgrade DLF to Neutral from Buy, Target `150 from `162
Cut Sobha Developers target to `557 from `571, Maintain Buy
Raise Oberoi Realty target to `415 from `354, Maintain Buy
Raise Prestige Estates targrt to `361 from `325, Maintain Buy
Raise HDIL target to `132 from `128, Maintain Neutral
Raise Phoenix Mills target to `407 from `389, Maintain Neutral
Raise Godrej Properties target to `250 from `240, Maintain Sell

Economic Times



Business Standard
Ø  Greece becomes first developed country to default on IMF payment
Ø  'Grexit may trigger surge in Indian borrowing costs'
Ø  Literacy rate at 71% in rural India, 86% in urban: Survey
Ø  HSBC faces $2.4 bn bill for new ringfencing rules
Ø  FinMin mulls merging Bhartiya Mahila Bank with SBI
Ø  Hinduja Global to acquire stake in Mphasis' BPO biz
Ø  Govt considers imposing 10% import duty on wheat

Ø  Greece in last-minute rescue appeal as default looms
Ø  Greece seeks two-year bailout programme
Ø  April core sector soars 4.4% after two months of decline
Ø  Pfizer gets CCI nod for Hospira merger
Ø  Shah panel begins stakeholder deliberation on FII MAT issue
Ø  Oil ministry asks refiners to buy dollars, euros to settle Iran oil dues
Ø  NCDEX plans to add more commodities in mini contracts
Business Line

Mint
Ø  Govt to spend more to revive investments 
Ø  Polluting industries get time till Sept to install devices to monitor effluent discharge 
Ø  Two basis points of AUM should be implemented seriously: SEBI
Ø  Financial Technologies Case: CLB adjourns hearing to Sept 2
Ø  SEBI chief wants proper use of investor education fund 
Ø  SEBI bars 239 SME entities from accessing market 

Ø  Sebi chief UK Sinha slams mutual fund industry for high upfront commissions
Ø  India bans oil trade with Islamic State-linked organisations
Ø  Petrol prices cut by 31 paise a litre, diesel by 71 paise
Ø  Infibeam files IPO papers with Sebi, to raiseRs.450 crore
Ø  Airtel becomes world’s third largest mobile operator
Ø  SBI considering two cases for conversion of debt to equity: Arundhati Bhattacharya
Financial Express

Financial Chronicle
Ø  $120 bn to be infused in Railways in 5 years: Minister
Ø  No WhatsApp for NLD or local calls, says DoT
Ø  Further rate cut of 25 bps likely this fiscal: Citigroup
Ø  Bharti Airtel inks 4-year deal with Nokia for 3G services
Ø  Brigade to buy Chennai land for Rs 550 crore from Kansai Nerolac Paints

Ø  Fresh duty hike soon to cut cheap steel imports
Ø  Gionee thinks local, to make handsets in India
Ø  Airbus to make in India in JV with local, S Asia firms
Ø  IndiGo files for Rs 2,500 cr issue on big day for IPOs
Ø  Srei Finance to raise `200 crore through NCDs
Ø  Fiscal deficit data shows sharp drop in May
: CHINA JUNE CFLP MGF PMI 50.2 VS MNI MEDIAN 50.4, MAY 50.2

MARKET UPDATES

 Dow:17619      +23   +0.13%
Nasdaq:4986   +28   +0.57%
S&P500:2063    +5    +0.27% 
Nikkei:20268  +32    +0.16%
Infy: -0.06%,      Wit: -0.99%
Ttm:+1.35%,     Rdy:+2.65%
Hdb:+0.96%,     Ibn:+2.26% 
SBID:+0.28%, RIGD:+1.80%
Us/Inr: $63.61,  Eu/Us:1.11
DIX:  95.57,       JPY: 122.49
Gold: $1171, Silver: $15.58
Oil: $59.47,   Brent: $63.08
US10-YR : 2.3603% +0.027 
SGX Nifty: 8360.00 -24.50
[01/07 06:40] Hitesh Doshi Khabri PG: Market Update:
Sgx Nifty -24 pts
Dow +23.16 pts ,Nsdq +28.40 pts , S&P +5.47 pts , Bovespa +66 pts , Ftse -99 pts , Dax -138 pts, Cac -79 pts, Nikkei  +3 pts , now, Crude @ $58.88/brl (-0.59) Brent @ $63.08 (-0.51), Gold @ $1171.80 (-7.20), Silver @ $15.58 (-0.11), Euro @ $1.114, JPY @ $122.549, INR @ $63.650


Indian Adr/Gdr


Infy: -0.06%,      Wit: -0.99%
Ttm:+1.35%,     Rdy:+2.65%
Hdb:+0.96%,     Ibn:+2.26% 
SBID:+0.28%, RIGD:+1.80%


Today's Corporate Action 
1st July Ex Date

ANUHPHR Final Dividend - Rs. - 5.00 
CENTENKA Dividend - Rs. - 6.00 RELAXO Bonus issue 1:1



Today's Data Alert
Wed, Jul 1, 2015 

1) India Manufacturing PMI
10.30am IST

2) Leading Automobile  Detail Vehicle sales for the June Month.



Today's Global Data


Jul 1: US API statistical bulletin for week ended Jun 26; 0200 IST

Jul 1: Federal Reserve Bank of St. Louis President Bullard to speak; 0330
IST

Jul 1: UK June CBI growth indicator survey; 0431 IST

Jul 1: Japan Apr-Jun Tankan survey of enterprises; 0520 IST

Jul 1: Japan June manufacturing purchasing managers' index; 0705 IST

Jul 1: Japan June auto sales data; 1030 IST

Jul 1: Germany June manufacturing purchasing managers' index; 1325 IST

Jul 1: Eurozone June manufacturing purchasing managers' index; 1330 IST

Jul 1: UK June CIPS/Markit manufacturing purchasing managers' index; 1400
IST

Jul 1: UK June narrow money, reserve balances data; 1400 IST

Jul 1: Bank of England's financial stability report; 1500 IST

Jul 1: US MBA mortgage applications survey for week ended Jun 26; 1630 IST

Jul 1: US June Challenger job-cut report; 1700 IST

Jul 1: US June ADP national employment report; 1745 IST

Jul 1: US June manufacturing purchasing managers' index; 1915 IST

Jul 1: US May construction spending data; 1930 IST

Jul 1: US May metropolitan area employment, unemployment; 1930 IST

Jul 1: US June ISM manufacturing business report; 1930 IST

Jul 1: US June online help wanted index; 1930 IST

Jul 1: US EIA petroleum status report for week ended Jun 26; 2000 IST

Jul 1: Luxembourg takes over European Union presidency

Jul 1: European Central Bank governing council non-monetary policy meeting

Jul 1: Bank of England Jan-Jun systemic risk survey results
BREAKING: Fed's Fischer: Will consider rate hikes at coming meetings » 
U.S. consumer confidence jumps more than expected in June

Consumer confidence climbs to 101.4 in June from 94.6

NEWS

Petrol price cut by .31 and diesel by .71

Volume Report :


Marksans Pharma [+8.43%] topped by trading 6.2 times its 3-week average volume.

High (rupee) volume activity today was also recorded in 

Welspun Corp [+11.61%], 
Tech Mahindra [-1.27%], 
MRPL [+3.81%], 
Nocil [+9.28%], 
L&T Fin Holdings [+2.49%], 
Godrej Consumer [+1.84%], 
Tata Global Bev [+1.96%], 
United Breweries [+5.91%] and 
Igarashi Motors [+6.70%] (descending order). 

They all traded over 2.5 times their average daily volume (BSE+NSE) of the last three weeks.

These are the volume toppers from the 240 most active stocks.

Tuesday, 30 June 2015

Mkt Wrap 30-Jun:
* Indices  : NIFTY 8369 (+50pts); SENSEX 27781 (+136pts); CNXMCAP 13009 (+146pts).
* Adv/Dec  : NSE 1051/440; BSE 1732/982.
* Volumes  : Cash $3.1bn v/s $2.5bn F&O $27.6bn vs $29.6bn.
* INR/$    : 63.68 (63.92). 10Y G-Sec: 7.86% (7.90%). Brent($): 62.70 (61.67).
* Sectoral : REALTY/TECH -2%. AUTO/BANKS/POWER -1%.
* Gainers  : IDEA +4%. COAL/Z/UTCEM/SUNP/LPC/TATA +3%.
* Losers   : TCS -2%. GAIL/TECHM/WPRO/ICICIBC/HCLT -1%.
* Top Vols : UT 57.6m, SUEL 35m, JPA 25.7m, CFLIN 23.1m, SBIN 16.4m, AL 15.7m, IBREL 15.5m, RCOM 15.4m & ICICIBC 14.5m.
* Vol Spike: WLCO 7.4x, TECHM 3.2x, TGBL 2.5x, DABUR 2.5x, SUNTV 2.5x, ABNL 2.4x, COAL 2.2x, GVKP 2x & HUVR 1.9x.
* Crossover: Golden Cross: SPPT.
* Fut Long : ARVND,COAL,Z,UTCEM & DABUR.
* Fut Short: WPRO,JSW,UPLL & TECHM.
* Blocks   : CFIN 11m @110, CRIN 500k @249, PEPL 875k @247, ORIENT 1m @90, ABNL 200 @1766, TGBL 3.1m @132, GDPL 910k @345 & FB 1.5m @145,
* Glob Mkt : Nikkei +0.6%. China +5.1%. Euro Mkts +0.5%. DJIA Fut +85pts.
(1836) Lupin has given breakout from a range of 2 months we can see it going to its all time high in coming months 

In coming week it can show 100 points move 


Sl 1780
Today 100 points complete
Delhi govt. Proposes to increase VAT on Diesel from 12.5% to 30%, which can potentially raise Diesel prices in Delhi by Rs 8/ltr (current Rs 51/ltr). Increase in diesel price would widen the gap with CNG ( Rs 38/kg) aiding conversion to CNG. Positive for IGL.
Economic Times



Business Standard

Ø  Fitch cuts rating for 4 Greek banks to 'restricted default'

Ø  'New textiles policy aims at 35 mn jobs, foreign investment'

Ø  GDP to hit $3 tn mark in five years: Panagariya

Ø  Kotak Mahindra Bank gets nod for 1:1 bonus share

Ø  'Sebi decision on OFS not sufficient boost to PSU divestment'

Ø  JSW Steel seeks shareholder consent for Rs 4K-cr QIP

Ø  RIL to defer gas field development if price outlook remains uncertain



Ø  Greece crisis may have indirect impact on India: finance secretary

Ø  If euro fails, Europe fails, warns Angela Merkel

Ø  RCom in talks with ATC, Carlyle for stake sale in tower biz

Ø  BPCL acquires 19.97% stake in PetronetCCK

Ø  GMR group begins construction of Philippines airport

Ø  SBI steps up recovery of bad loans in retail, realty segments

Ø  Regulate OTT services, recommends DoT panel

Business Line



Mint

Ø  NSE to launch new platform for negotiated trade in debt from July 1

Ø  JSW Steel seeks shareholders' nod to raise Rs 4K cr via QIP 

Ø  NCDEX opens A’bad delivery centre for 'Gold Now' contracts

Ø  Bombardier to supply 162 Movia metro cars to Delhi Metro 

Ø  Dr Reddy’s recalls epilepsy, BP drugs from US market

Ø  Greek crisis not to impact ICICI Bank: Chanda Kochhar 



Ø  Indian power plants find Rs1.2 tn of capacity has no takers

Ø  Adani suspends Australia project’s engineering work over delay in approvals

Ø  Amazon to offer loans to sellers in India, seven other countries

Ø  PNB, Allahabad Bank agree to sell Bharati Shipyard loans to Edelweiss ARC

Ø  TV18, CNN to end 10-year branding deal

Financial Express



Financial Chronicle

Ø  Greece takes a toll on Tata Motors, Bharat Forge, other Indian cos with exposure to Europe

Ø  Rains hold the key to 25 bps RBI rate cut on Aug 4: BofA-ML

Ø  Larsen & Toubro secures new orders worth Rs 2,035 crore

Ø  Tech Mahindra sees weak Q1 revenue on visa costs

Ø  DGCA may make psychometric tests for pilots mandatory



Ø  Banks in India slow in passing on RBI rate changes: IMF

Ø  Coal scam: CBI files probe report, says sanction issue pending

Ø  L&T secures new orders worth Rs 2,035 crore

Ø  HUL increases market share in 90% of its product portfolio

Ø  CERC asks FTIL to transfer stake in IEX to trust a/c by Jul 2
Market Update:
Sgx Nifty -30 pts
Dow -350.33 pts ,Nsdq -122.04 pts , S&P -43.85 pts , Bovespa -1002 pts , Ftse -133 pts , Dax -409 pts, Cac -189 pts, Nikkei  +62 pts , now, Crude @ $58.26/brl (-0.07) Brent @ $61.99 (-0.02), Gold @ $1179.90 (+0.90), Silver @ $15.77 (+0.07), Euro @ $1.120, JPY @ $122.399, INR @ $63.853


Indian Adr/Gdr


Infy: -1.92%,      Wit: -1.39%
Ttm: -2.55%,     Rdy: -1.82%
Hdb: -1.50%,     Ibn: -2.11% 
SBID: -1.97%, RIGD: -1.61%


Today's Corporate Action 
30th June Ex Date

ANDHRABANK Dividend - Rs. - 2.00 
NUCLEUS Dividend - Rs. - 5.00


Today's Global Data

Jun 30: US June agricultural prices data; 0030 IST

Jun 30: UK June consumer confidence survey; 0435 IST

Jun 30: Japan May auto production; 0930 IST

Jun 30: Japan May auto exports; 0930 IST

Jun 30: Japan May petroleum statistics preliminary report; 1000 IST

Jun 30: Japan May construction orders; 1030 IST

Jun 30: Japan May housing starts; 1030 IST

Jun 30: Germany June labour market statistics; 1330 IST

Jun 30: UK Jan-Mar national accounts; 1400 IST

Jun 30: UK April service sector figures; 1400 IST

Jun 30: UK Jan-Mar business investment revised results; 1400 IST

Jun 30: UK Jan-Mar balance of payments; 1400 IST

Jun 30: Reserve Bank of Australia Governor Stevens to speak; 1410 IST

Jun 30: Eurozone June inflation flash estimate; 1430 IST

Jun 30: Eurozone May unemployment data; 1430 IST

Jun 30: US Retail Economist/Goldman Sachs chain store sales index for week ended Jun 27; 1715 IST

Jun 30: US Jan-Mar, annual international investment position; 1800 IST

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

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

Jun 30: US June ISM-Chicago business survey; 1915 IST

Jun 30: US June consumer confidence index; 1930 IST

Jun 30: US June Dow Jones economic sentiment indicator; 2200 IST

Jun 30: US President Obama meets Brazil President Rousseff

Jun 30: Japan May provisional labour survey

Jun 30: Latvia's European Union presidency ends
Breaking News
After Q1 result Macleods pharma will merge into  Sun Pharma.another biggest Deal of Industry worth 4700cr. -
Said by Macleods officials on Business Today.

  •  Greek Govt Official: Pension withdrawals will be limited to €240. 700 bank branches to open on July 2 for pensions.
  • Greece transferes EU 50,000 to EFSF, avoids Default
  •  JUST NOW  : EU approves extension of Greek guarantee program for banks. EU prolongs guarantee program for Greek banks until Dec 31. Positive For Euro. Source
  • GREEK GOVT OFFICIAL : Greece will not pay IMF loan due on  June 30: Reuters

Monday, 29 June 2015

Short  HDIL. 

PRE OPENING FUTURES UPDATE :  DAX -500 ONLY N DOW -250 ONLY.

MARKET UPDATES



*INDIA SAYS MARKETS NOT REACTING VERY KINDLY TO GREECE PROBLEM
*INDIA FINANCE SECRETARY COMMENTS ON GREECE
*INDIA EXPECTS THINGS TO SETTLE DOWN IN A DAY OR 2 ON GREECE
*INDIA SAYS IT'S NOT EXPECTING MAJOR IMPACT FROM GREECE CRISIS
*INDIA GOVT WILL ACT AS GREECE SITUATION UNFOLDS: FIN. SECRETARY
*INDIA WILL TRY TO BOOST EXPORTS, FINANCE SECRETARY SAYS

*INDIA'S VIX INDEX JUMPS 12.4%, MOST SINCE MAY 6

*GREECE MAY IMPACT INDIA IN `SHORT-TERM,' AMBIT'S HOLLAND SAYS
*AMBIT INVESTMENT ADVISORS CEO ANDREW HOLLAND COMMENTS IN E-MAIL
*FALL IN INDIA STOCKS IS A BUYING OPPORTUNITY, HOLLAND SAYS
*INDIA'S RUPEE MAY FALL UP TO 65/DOLLAR ON GREECE, HOLLAND SAYS
Here are the stocks that may face the Greece heat;

Bharat Forge

Derives 25 percent of revenues from export to Europe and hence will be impacted by a weaker euro.

Motherson Sumi

Derives 80 percent of revenues from its subsidiaries that are based in Europe

While consolidating financials, the weaker euro will impact Motherson's earnings in rupee terms

Cox & Kings

Negative primarily due to translational impact

65 percent of the EBITDA comes from UK travel and education business

Havells

Primarily translation impact due to Sylvania operations

Impact on earnings however not likely to be meaningful due to lower profitability in overseas business

HCL Tech

33 percent of direct revenues from Europe

IT Services and Health Care companies are net exporters to Europe

There will be adverse translational revenue impact for companies
SGX NIFTY 116 DOWN
BREAKING: Chinese stock markets open higher on Monday after PBoC cuts rates over the weekend
Shanghai Composite swings from 2.5% gain to 2.1% loss in opening minutes
And now, Shanghai Composite swings back to 0.5% gain!
Sgx down 97 8278
Business Standard
Ø  Greece considering bank closures and capital controls on Monday
Ø  Rajan did not imply world facing new Great Depression: RBI
Ø  American Tower, Carlyle lead race for Rel Infratel; bids value firm at up to Rs 24,000 cr
Ø  Sajjan Jindal's JSW Group bets big on ports sector
Ø  HDFC Bank breaches RBI limits on loans to Reliance
Ø  Germany's oldest remaining nuclear plant shuts down
Ø  Yes Bank plans $1-billion ADR issue next fiscal

Ø  Govt's capital spend in H1 might jump 25% this year
Ø  Govt rejects Cairn's arbitration on tax dispute
Ø  FinMin, RBI meet likely on June 30 on public debt office
Ø  Govt plans to set up Rs 500 cr VC fund for pharma industry
Ø  Road projects worth Rs13k cr awarded under PPP mode this fiscal
Ø  Unitech raises Rs 70 cr from Piramal group for Chennai project
Ø  Govt rejects Cairn's arbitration on tax dispute
Business Line

Mint
Ø  BSE starts work on setting up global stock exchange
Ø  SBI tells officials to take selfies at pledged properties
Ø  ‘Intellectual Property will help move economy forward’
Ø  CA Institute defers call on new revenue recognition concepts 
Ø  Lupin to strengthen branded portfolio through alliances
Ø  Suzlon to focus on domestic market, plans offshore mills in Gujarat 

Ø  Mahindra’s offer for Pininfarina rejected by creditors: report
Ø  Union Bank of India gets shareholders’ nod to raise Rs3,700 crore
Ø  RBI may give payment bank licence to DoP by August: minister
Ø  IMD forecasts less than normal rainfall in July, August
Ø  GVK Power and Infrastructure: airports segment IPO to relieve balance sheet stress
Financial Express

Financial Chronicle
Ø  IMF paper counters RBI's Rajan on easy policy being crisis recipe
Ø  Persistent low rates indicate global eco malaise, warns BIS
Ø  Across spectrum, German leaders condemn Greece's rejection of EU deal
Ø   CoalMin may ask discoms to get clearances before bidding

Ø  RBI cancels bond tranches at auction
Ø  IndiGo to file prospectus for $400m IPO next week
Ø  Indian steelmakers upset as Japan, S.Korea eat local market share
Ø  DBTL success prompts BPCL focus on rural markets

Saturday, 27 June 2015

*CHINA CUTS INTEREST RATES, RRR FOR SOME BANKS
*CHINA CUTS ONE-YEAR DEPOSIT RATE BY 25 BPS
*CHINA CUTS ONE-YEAR LENDING RATE BY 25 BPS
Sun TV: Home Ministry clearance comes for SUN TV. 

Friday, 26 June 2015

INDIAN MARKETS:
SENSEX:27811.84(-84.13)
NIFTY:8381.1(-16.9)
BANKNIFTY(CASH):18371.5(-121.4)
SGXNIFTY:8379.5(-49.5)

EUROPEANMARKETS:
FTSE:6744.78(-63.36)
CAC:5017.04(-24.67)
DAX:11412.34(-60.79)

ASIAN MARKETS:
NIKKIE:20706.15(-65.25)
STRAITS:3320.9(-28.97)
HANGSANG:26663.87(-481.88)
SHANGHAI:4193.64(-334.14)

US FUTURES ON NSE:
DOW FUT:17857.5(-135)
S&P500 FUT:2096.25(-11)

Nifty ends below 8,400; banks, capital goods shares drag

Lactose (India) hits upper circuit

NBCC gains on securing order from Delhi Development Authority

Reliance Communications rallies after multiple block deals

IT shares buck weak market trend; TCS, Infosys up 1%

Cyient gains on FII buying

SRF hits lifetime high

Welspun Corp hits 52-week high on promoters' stake hike

Mastek extends rally after Cover-All Tech shareholders approve merger

MSRTC plans to launch mobile app, on-board food facility

Ericsson appoints Paolo Colella as India head

AirAsia India puts growth on hold while govt dallies over reforms

CreditMantri raises $2.5 mn in first strategic funding round

Reliance, ICICI to manage Rs 60,000-cr coal PF corpus

Essar's UK refinery turns a corner

Further hike in steel import duty unlikely: JSW Steel chief

Essar Oil UK posts $70 million profit in FY15

Reliance Retail floats jewellery scheme

Ericsson appoints Paolo Colella as India Head

Recall on course, Nestle to burn 30,000 tonnes of Maggi by July

GoAir's big test begins from 2016

Bhushan Steel chalks out plan to improve cash flows
Prov Figs as on 26-Jun-2015 

FII/FPI
Buy Value: 3326.73
Sell Value: 3530.47
Net Value: -203.74

DII
Buy Value: 1775.66
Sell Value: 1541.45
Net Value: 234.21
Cnx nifty is trapped in a range of 8330..8440 

Break towards 8440 has multie resistance till 8500 

Break towards 8330 can show 8280..8180 range
Close abv 8500 can show 8800
# DEPOSITS AT GREEK BANKS FALL IN MAY BY 3.6 BLN EUROS TO 135.7 BLN EUROS - ECB - RTRS
# LITHUANIA PRESIDENT SAYS AGREEMENT STILL POSSIBLE ON GREECE - RTRS
# GREEK PM TSIPRAS TO HOLD TALKS WITH GERMANY'S MERKEL AND FRANCE'S HOLLANDE ON FRIDAY - GREEK GOVT OFFICIAL

CALL ON JUST DIAL

Sell just dail ltp 1236 sl 1266 trgt 1188

CALL IN NIFTY

Sell nifty jul fut ltp 8374 sl 8440 trgt 8340/8288
Add qty if rises to 8400
Nifty low made 8350 ...heading near its trgt 8340
FRST TRGT ACHVD

Gave oppurtunity to sell again at 8400
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

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