Economic Times

Business Standard

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

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

Ø  Credit growth in Indian banks Slows down, says RBI

Ø  RBI allows infra firms to borrow overseas for short tenor

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

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

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



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

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

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

Ø  ONGC has found hydrocarbon deposit in Mizoram

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

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

Ø  Adani Group enters defence sector with statement of intent

Business Line

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

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

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

Ø  MOPE acquires 4.1% stake in Indian Energy Exchange

Ø  Special dividend for Hind Zinc shareholders

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

Mint

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

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

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

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

Ø  Tata Motors’ defence business bets its future on FICV

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

Financial Express                

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

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

Ø  Gas prices to dip 17 per cent to $3.15

Ø  Govt proposes strict penalty, jail term for ponzi operators

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



Financial Chronicle

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

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

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

Ø  Swavalamban subscribers can switch to APY: PFRDA

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

Market Update

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



Today's Corporate Action
31st Mar Ex Date


None


Today's Data Alert


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

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

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




Today's Global Data



Mar 31: US March agricultural prices; 0030 IST

Mar 31: UK March consumer confidence survey; 0435 IST

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

Mar 31: Japan February construction orders; 1030 IST

Mar 31: Japan February housing starts; 1030 IST

Mar 31: Germany February retail trade; 1130 IST

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

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

Mar 31: Germany March labour market statistics; 1330 IST

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

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

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

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

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

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

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

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

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

Mar 31: US weekly export sales; 1800 IST

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

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

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

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

NIFTY VIEW @ 09:13

Nifty 50 (7615)

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

7580..7600 is a strong support zone 

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

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

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

NIFTY VIEW @ 09:26

Nifty 50 (7615)

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

7580..7600 is a strong support zone 

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

Market Update

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



Today's Corporate Action
29th Mar Ex Date


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




Today's Global Data


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

Mar 29: Japan February labour force survey; 0500 IST

Mar 29: Japan February household spending; 0500 IST

Mar 29: Japan February preliminary retail sales; 0520 IST

Mar 29: European Union February monetary developments; 1330 IST

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


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

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

Mar 29: US March  consumer confidence index; 1930 IST

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

Economic Times

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

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

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

Economic Times

Business Standard

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

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

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

Ø  No bank defaulter to be spared, says NarendraModi

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

Ø  Traders want govts to open Ind-Pak trade routes

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

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



Ø  Shree Cement readies Rs 6,000 cr for expansion

Ø  Tata Motors to supply 619 trucks to Indian Army

Ø DhirubhaiAmbani, Kher, Saina to be given Padma awards

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

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

Ø  Maharashtra mulls uniform electricity tariff for Mumbai and suburbs

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

Business Line

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

Ø  Model code of conduct may delay coal mine allotment

Ø  DoT plans to begin spectrum auction by mid-July

Ø  IDBI Bank staff going on strike from Monday

Ø  Japan looks to kick-start fintech revolution 

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

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

Mint

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

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

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

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

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

Financial Express                

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

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

Ø  Gujarat NRE Coke assets see no takers

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

Ø  Equity mutual funds add 39 lakh investor accounts in FY16



Financial Chronicle

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

Ø  Adani offers 49% stake in Dhamra LNG project

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

Ø  Stocks likely to see volatility on derivatives expiry

Ø  Govt to ensure that jewellers are not harassed: FM

Market Update

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



Today's Corporate Action
28th Mar Ex Date


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

Market Update

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



Today's Corporate Action
23rd Mar Ex Date


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




Today's Global Data


Mar 23: US API Weekly Statistical Bulletin; 0130 IST

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

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

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

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

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

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

Economic Times

Business Standard

Ø  Multinational foreign banks exiting India to protect profitability 

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

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

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

Ø  Edelweiss Asset Management to acquire JP Morgan’s MF

Ø  Global coordinated easing won’t last: Goldman Sachs



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

Ø  Indian refiners to import Iranian crude oil at lower prices

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

Ø  Sebi impounds Rs 1.4 crore in Gammon insider trading case

Ø  MCX ranking up in global comex futures

Ø  Shadow over SunEdison India's solar projects

Business Line

Ø  Centre rolling in cash, but economy runs dry

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

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

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

Ø  Rupee ends down 18 paise to 66.71 

Ø  Coal Ministry identifies 14 blocks for CBM extraction 

Mint

Ø  Tariff regulator proposes 7% hike in Mumbai airport charges

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

Ø  Sebi imposes interim ban on Sharepro, promoters

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

Ø  Williamson Magor Group firms to merge with EMC

Ø  Deutsche Bank declines as Moody’s signals downgrade risks

Financial Express                

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

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

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

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

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



Financial Chronicle

Ø  Penalty for delay in settling crop insurance claims: govt

Ø  Renault Nissan factory to begin third shift ops

Ø  Aurobindo stock outshines peers

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

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

Ø  Max Fashion girds up to battle global brands

CALL OF 21/03/2016 MONDAY

@ 12:14

Buy Tata Steel ltp 302 

intraday sl 300 

trgt 306

MADE A HIGH OF 306.70

SHORT TERM TRGT HIT

NIFTY VIEW @ 09:03

Nifty 50 (7704)

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

Strong support lies around 7600 

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


Positional support is 7400 

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

Economic Times

Business Standard

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

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

Ø  Oil up on drawdown data; eyes on US output

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

Ø  Govt may permit 100% FDI in more NBFC segments

Ø  Airtel seals deal to sell towers to ATC in Tanzania

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



Ø  Rajan for global pact for monetary policy issues

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

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

Ø  Brokers say no to no-frills demat accounts

Ø  ED interrogates IDBI officials in Kingfisher loan case

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

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

Ø  MCX improves global commodity exchanges ranking

Business Line

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

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

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

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

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

Mint

Ø  Govt prepares bailout for steel sector

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

Ø  Ambit of equalization levy likely to cover more online transactions

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

Ø  New defence procurement procedure to be unveiled at Defexpo

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

Financial Express                

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

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

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

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

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



Financial Chronicle

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

Ø  Govt, industry chambers pledge to protect consumers

Ø  Emerging markets see a reversal of fortunes

Ø  IKEA announces euro 12.4 million grant to Water.org

Ø  Banks on 4-day holiday from Thursday

Ø  Britannia to terminate share transfer agent

Ø  VFS raises Rs 10 cr from Capital First

Market Update

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



Today's Corporate Action
22nd Mar Ex Date


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





Today's Global Data


Mar 22: Japan March Flash Manufacturing PMI; 0730 IST

Mar 22: Japan financial markets closed for Vernal Equinox

CALL OF 18/03/2016 FRIDAY

@ 09:18

Buy Ambuja Cem abv 221 

sl 217 

trgt 228/232

ALL TRGT HIT

CALL OF 16/03/2016 WEDNESDAY

@ 03:19

Buy Ashok Leyland ltp 96 

sl 94.80 

trgt 100.40


TRGT HIT

CALL OF 18/03/2016 FRIDAY

@ 12:20

Buy HDFC ltp 1120 

sl 1110 

trgt 1140

TRGT DONE 

Market Update

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



Today's Corporate Action
21at Mar Ex Date


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

Economic Times

Business Standard

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

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

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

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

Ø  Corporate Affairs Ministry amends norms related to buyback offers

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

Ø  Wheat production to be higher than in the previous year 



Ø  Maruti races ahead to capture nearly half the market

Ø  Fixed-dose drug ban boosts hope for ayurveda

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

Ø  Historic gas auction witnesses negative bids from power plants

Ø  Govt defends interest rate cut on small savings

Ø  Mallya default singes top auditing companies

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

Ø  Sebi mulls allowing bank KYC for securities markets

Business Line

Ø   Exporters risk being blacklisted when new EU rule kicks in

Ø  Centre introduces new norms for plastic waste disposal

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

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

Ø  Exporters risk being blacklisted when new EU rule kicks in

Ø  BERC to announce new power tariff on Monday

Mint

Ø  Patanjali will overtake Colgate and Unilever: Baba Ramdev

Ø  Parliament panel favours bringing tobacco production under regulatory regime

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

Ø  Banks await RBI policy before cutting rates

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

Financial Express                

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

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

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

Ø  IRDA okay with LIC investment in public sector banks

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



Financial Chronicle

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

Ø  Bullion best performer, but may not sustain gains

Ø  Emerging markets see a reversal of fortunes

Ø  Edible oil imports up on growing demand and slowing production

Nifty 50 (7604)

Nifty has showed a good move last week and now it is around its stiff resistance zone 7600....7620..
BE CAUTIOUS
But if this zone is crossed rally of 300..340..380 points around is sure 
If fails to maintain up we can see it falling around its support zone 7580...7550..7520..

Positional sl is 7400 for the rally on closing basis