Wednesday, 20 July 2016

DFHL Q1



Net Profit At Rs. 200 Cr Vs Rs. 173 Cr (YoY)

Total Income At Rs. 1960 Cr Vs Rs. 1650 Cr (YoY)

Sanctioned Loans Amounted To  Rs. 8800 Cr During Q1
VIEW ON NIFTY BANK ON 20/07/2016

Nifty Bank (18905)


Nifty bank is stuck in the narrow zone of 19100..18600.

Break through either side will show further trend. 

Above 19100 to 19500.
Below 18600 to 18400..17900.
NIFTY VIEW @ 20/07/2016

Nifty 50 (8528)

Nifty yesterday showed selling pressure but resumed back and closed above 8500.
 


Today 8540..8560 if crossed the uptrend will resume and if breaks 8560..8540 zone it can show more selling pressure.

MARKET UPDATE

SGX Nifty -2 pts (8550) from last trade 8552 , 

Nikkei -118 pts , Hangseng -27 pts , NOW @6.53am , 

‎Dow +25.96 pts ,Nsdq -19.41 pts , S&P -3.11 pts ‎, Bovespa +213 pts , Ftse +1 pts , Dax -81 pts  , Cac -27 pts , Crude @ $44.63 brl (-0.02), Brent @ $46.66 brl (-0.30) , Gold @ $1333.00 (+0.70), Silver @ $19.94 (-0.06), Euro @ $1.1012, JPY @ $106.1600, INR @ $67.1875


Infy: -1.01%,           Wit: -6.84%
Ttm: -0.27%,         Rdy:+0.00%
Hdb: -0.13%,          Ibn: -0.63% 
SBID:+0.30%,     RIGD:+1.51%


Today's Corporate Action
20th July  Ex Date


APLLTD
Dividend - Rs. - 4.0000
ASTRAMICRO
Dividend - Rs. - 1.2000
GOODRICKE
Dividend - Rs. - 4.0000
HYDIND
Final Dividend - Rs. - 10.0000
INDOCO
Final Dividend - Rs. - 0.2000
KTKBANK
Dividend - Rs. - 5.0000
LALPATHLAB
Dividend - Rs. - 2.4500
MAHLIFE
Dividend - Rs. - 6.0000
PANAENERG
Dividend - Rs. - 7.0000
SHRIRAMCIT
Final Dividend - Rs. - 10.0000
SURYALAXMI
Dividend - Rs. - 1.8000
SWELECT
Final Dividend - Rs. - 1.0000
TUBEINVEST
Special Dividend - Rs. - 3.5000




Today's Key Result
20th July 


Dewan Housing ( Est Net 216 Cr + 25% Yoy) 
Hind Zinc( Est Net 1157 Cr -40% Yoy) 
Foseco,Gammon Ind,IFB Agro, Kabra Ext,Kei Inds,Kitex Gar,Kpit,Lakshmi Vilas Bank,Plastiblend,Sasken Com, Skf Ind
Srcs-Cogencis





Today's Data Alert


Jul 20: CPI for rural and farm labourers for June, by Labour Bureau.

Jul 20: Money supply as on Jul 8, by RBI.

Economic Times



Business Standard
Ø  IMF trims India growth estimate to 7.4%
Ø  RIL to pump in Rs 15,000 crore in Jio through rights issue
Ø  Global warming to cost $2 trillion in lost productivity
Ø  8,100 wilful defaulters owe banks Rs 76,600 cr
Ø  DoT sends demand notices to Airtel, RCom, others
Ø  Govt, RBI monitoring Brexit fallout, taking steps
Ø  Cash collateral not required while placing bids for SGB: BSE

Ø  Govt to infuse Rs 229.15 billion in public sector banks
Ø  Mumbai police secures FTIL assets worth Rs 2,000 cr
Ø  Wipro's weak margins, guidance disappoint
Ø  Govt to relax Companies Act provisions for Gift IFSC
Ø  10% rise in electricity generation may boost power sector earnings
Ø  Wipro calls off agreement to acquire Viteos Group
Business Line
Ø  Afghan deputy agri minister woos Indian investors 
Ø  India’s air traffic growth remains highest in world: Boeing
Ø   Jewellery industry to grow by 3% this year: ICRA 
Ø  Fitch maintains ‘stable’ outlook for Adani Ports 
Ø  India, US agree to enhance cooperation on hydrocarbons, energy
Mint
Ø  Ultratech Cement Q1 profit rises 29% to Rs780 crore
Ø  Tata still India’s most valuable brand
Ø  Nowfloats acquires Lookup in a cash-equity deal
Ø  Jaiprakash Power reports higher-than-expected Q1 net loss
Ø  Airlines cry foul over last-minute fare drops triggered by Air India
Financial Express               
Ø   Govt detects nearly Rs 44K crore in undisclosed income
Ø  RBS to close 6 of 10 branches from Oct 1
Ø  India imports over 7 lakh tonnes of pulses in April-May
Ø  No possibility to use bio-diesel in vehicles: Mercedes
Ø  Air India, SpiceJet, Jet top in reputation rankings

Financial Chronicle
Ø  Japan’s SoftBank plunges after $32b ARM buy
Ø  UK court begins hearing Brexit legality case
Ø  India Inc M&A deals up 12% in first half of 2016
Ø  Monsanto in talks with Bayer over confidentiality pact
Ø  Insurance to cover Ayush treatments
Ø  Oil prices down as Turkey fears ease, glut woes return

Tuesday, 19 July 2016

WIPRO Q1



Net Profit At Rs. 2,051 Cr Vs Estimate Of Rs. 2,180 Cr

Revenues At Rs. 13,700 Cr Vs  Estimate Of Rs. 13,800 Cr

EBITDA Margin At 17.8% Vs 19.7% (QoQ)

UltraTech Q1



Standalone Net Profit At Rs.757.6 Cr Vs CNBC-TV18 Poll Of Rs.740 Cr.

Standalone Total Income At Rs.6,232.5 Cr Vs CNBC-TV18 Poll Of Rs.6,429 Cr

Management Says Cement Demand Expected To Grow 7% This Year

Market Update


Sgx Nifty +19 pts
‎Dow +16.50 pts ,Nsdq +26.20 pts , S&P +5.15 pts ‎, Bovespa +905 pts , Ftse +26 pts , Dax -3 pts  , Cac -14 pts , Nikkei  +18 pts , now, Crude @ $45.25 brl (+0.01), Brent @ $46.96 brl (-0.65) , Gold @ $1328.40 (-0.90), Silver @ $20.07 (-0.01), Euro @ $1.1069, JPY @ $106.2000, INR @ $67.1950



Today's Corporate Action
19th July  Ex Date


AKZOINDIA
Dividend - Rs. - 20.0000
AKZOINDIA
Special Dividend - Rs. - 50.0000
BATAINDIA
Dividend - Rs. - 3.5000
BLUEDART
Dividend - Rs. - 25.0000
BLUEDART
Special Dividend - Rs. - 5.0000
IDFCBANK
Dividend - Rs. - 0.2500
INDPRUD
Bonus issue 2:1
JENBURPH
Dividend - Rs. - 0.9000
MORARJEE
Dividend - Rs. - 1.4000
NOCIL
Dividend - Rs. - 1.2000
REDINGTON
Dividend - Rs. - 2.1000
STANROS
Dividend - Rs. - 6.0000
THANGAMAYL
Dividend - Rs. - 1.0000
WALCHCAP
Final Dividend - Rs. - 1.2500



Today's Key Result
19th July 


‎Ultratech Cemco( Cons Est Net 749 Cr +27% Yoy Time -During Mkt) 
Wipro( Cons Est Net 2151 Cr -2% Yoy Time - After Mkt) 
Crisil( Cons Est Net 74 Cr +15% Yoy) 
Linde Ind
Srcs-Cogencis




Today's Data Alert


Jul 19: NITI Aayog CEO Kant, DLF CEO Talwar to speak on a panel at RICS
Cities Conference 2016. 0930 IST, New Delhi.

Jul 19: 14-day variable rate term repo for 185 bln rupees. Bids at 1100-1130 IST.

Jul 19: IMF to release World Economic Outlook Update. 1830 IST

Jul 19: TERM REPO: 14-day variable rate term repo for 185 bln rupees Bids to be submitted between 1100 and 1130 IST.




Today's Global Data


Jul 19: US May Treasury International Capital data; 0130 IST

Jul 19: European Central Bank lending survey; 1330 IST

Jul 19: UK June inflation figures; 1400 IST

Jul 19: UK June producer prices; 1400 IST

Jul 19: UK May House Price Index; 1400 IST

Jul 19: Germany July ZEW Indicator of Economic Sentiment; 1430 IST

Jul 19: Eurozone May construction output data; 1430 IST

Jul 19: US Retail Economist/Goldman Sachs Weekly Chain Store Sales Index for week ended Jul 16; 1715 IST

Jul 19: US June new residential construction - housing starts and building  permits; 1800 IST

Jul 19: US Johnson Redbook Retail Sales Index for week ended Jul 16; 1825
IST

Jul 19: US IMF World Economic Outlook Update; 1830 IST

Jul 19: UK New Chancellor Philip Hammond expected to be questioned in the Commons

Business Standard



Ø  ndia at BBB-, stable outlook but fiscal weak: Fitch

Ø  Rajan warns against rupee depreciation

Ø  88% Republicans support Trump against Clinton: Pew

Ø  Govt to double generation target from solar parks

Ø  US weapon system may add to global warming: India

Ø  Kerala passes resolution against SBT-SBI merger

Ø  HUL to invest Rs 1K-cr on new unit in Assam



Ø  HUL gains across the board, Q1 grows 9.79% to Rs 1,174 cr

Ø  Government prepares to woo World Bank

Ø  Oil PSUs to pay royalty on gross price to producing states

Ø  Sebi issues draft paper on REIT to attract investors, realtors

Ø  JSW Energy to acquire Jaiprakash's Bina power plant

Ø  Life insurance industry logs 33% growth in first quarter

Ø  NGT blocks 10-year-old diesel vehicles in Delhi

Business Line

Ø  KIOCL renews plea for captive iron ore mines 

Ø  Key supports to limit the downside in MCX-gold

Ø  ‘GST has to be flexible to embrace new businesses’ 

Ø  Index of Mineral Production grows 1.3% in May

Ø  Piaggio to expand scooter portfolio in India with Aprilia

Ø   SoftBank to buy ARM Holdings for $32 bn

Mint

Ø  Bank unions threaten strike on 29 July seeking to stop reforms

Ø  ICICI Prudential Life files DRHP for India’s first insurance IPO

Ø  Sun Pharma partners SPARC to market epilepsy drug in US

Ø  Rupee closes weaker against US dollar at 67.20, bond yield rises

Ø  Tata Steel’s Cyrus Mistry seeks global supply side recast

Ø  Bank of America profits fall 20%, hurt by low rates

Financial Express               

Ø   Textile exports may rise 6% to USD 40 bn in FY17: ICRA

Ø  Tata Steel plans to raise up to Rs 10,000 crore via private placement

Ø  RBI to make funds transfer via smartphones easier

Ø  No proposal to hike EPFO investment in ETFs: Bandaru Dattatreya



Financial Chronicle

Ø  Financial inclusion must for sustainable growth: Rajan

Ø  Draghi to ask govts to chip in to counter Brexit fallout

Ø  India Inc's biz optimism for Jul-Sep touches 8-qtr high

Ø  Coal imports likely to decline to 160mt in FY'17

Ø  Solar heaters lag behind in renewable energy push

Monday, 18 July 2016

Exide Q1



Net Profit At Rs 196.05 Cr Vs CNBC-TV18 Poll Of Rs 192 Cr

Total Income At Rs 2,008.1 Cr Vs CNBC-TV18 Poll Of Rs 1,965 Cr

MINDTREE Q1



Net Profit At Rs. 143 Cr Vs Rs. 130 YoY

Revenue At Rs. 1200 Cr Vs Rs. 9580 Cr

HUL Q1



Net Profit At Rs.1,174 Cr Vs CNBC-TV18 Poll Of At Rs.1,156 Cr

Total Income At Rs.8,128 Cr Vs CNBC-TV18 Poll Of Rs.8,557 Cr

Volume Growth At 4%, Below Estimates

Market Update


Sgx Nifty +16 pts
‎Dow +10.14 pts ,Nsdq -4.47 pts , S&P -2.01 pts ‎, Bovespa +97 pts , Ftse +14 pts , Dax -1 pts  , Cac -13 pts , Nikkei  Clsd, now, Crude @ $45.96 brl (+0.01), Brent @ $47.68 brl (+0.07) , Gold @ $1333.10 (+5.70), Silver @ $20.24 (+0.07), Euro @ $1.1055, JPY @ $105.3900, INR @ $67.0712



Today's Corporate Action
18th July  Ex Date


ALSTOMT&D
‎Dividend - Rs. - 1.8000
ATFL
Dividend - Rs. - 2.0000
CENTURYTEX
Dividend - Rs. - 5.5000
DRREDDY
Dividend - Rs. - 20.0000
ELECON
Dividend - Rs. - 1.1000
MANUGRAPH
Dividend - Rs. - 1.0000
RAJGLOWIR
Dividend - Rs. - 1.2000
SNL
Dividend - Rs. - 2.0000
SRTRANSFIN
Final Dividend - Rs. - 6.0000
SWISSGLA
Dividend - Rs. - 2.2000
TATAMOTORS
Dividend - Rs. - 0.2000
TATAMTRDVR
Dividend - Rs. - 0.3000
TRANSCOR
Dividend - Rs. - 0.8000
VGUARD
Final Dividend - Rs. - 2.5000
VISAKAIND
Dividend - Rs. - 2.0000



Today's Key Result
18th July 


Hind Unilever ( Est Net 1158 Cr +9% Yoy Time  -During Mkt) 
Exide Inds( Est Net 187 Cr +21% Yoy) 
Gruh‎ Fin( Est Net 63 Cr + ‎25 % Yoy) 
MindTree 
Aro Granite, Bharat Bijlee,Jp Power, Tayo Rolls
Srcs-Cogencis





Today's Data Alert


Jul 18: Monsoon session of Parliament to start.

Economic Times



Business Standard

Ø  Reliance Industries clubs petrol pumps with retail arm

Ø  EPFO may invest up to 12% in equity markets: Govt

Ø  Banks can't get 'blanket relief' from CBI, CVC actions: R Rajan

Ø  Industry business confidence rose in June quarter: CII

Ø  47% Indians are not saving for retirement, suggests HSBC report

Ø  Tax rate cap in constitution bill not feasible: Naidu



Ø  Suuti stake in ITC may go to insurance firms

Ø  Ready to support GST, says Congress

Ø  India Inc upbeat on economy, higher profits

Ø  World looking to India for investment: Venkaiah Naidu

Ø  Doubling premium over Singapore benchmark tough for RIL's margins

Ø  Dabur, DRDO unit tie up for high altitude medicinal plants

Business Line

Ø  Textile mills welcome Ministry directive to Cotton Corpn on sales

Ø  Rajan to address seminar on rural development on Monday

Ø   UNIDO, Centre to roll out roadmap to promote concentrated solar thermal 

Ø  FPIs infuse Rs. 9,768 cr in capital market so far this month 

Ø  Investments in equity MFs plunge over 71% in Q1 

Mint

Ø  Raghuram Rajan signals no rate cut in the offing

Ø  Heineken plea for ‘first right’ on United Breweries share sale dismissed

Ø  NSR exits VRL Logistics through Rs147 crore block trade

Ø  Bank union threatens to disclose names of 7,000 defaulters

Ø  Trai to start mobile service quality consultation this month

Ø 

Financial Express               

Ø   Modi govt improving India’s quality of growth: Crisil

Ø  Airlines to pay huge compensation for flight cancellation or denying boarding to flier

Ø  M3M group to sell Gurgaon IT-SEZ to Tata Realty for Rs 500 cr

Ø  Hard to do business in India, but will remain here: AirAsia CEO

Ø  Centre to roll out 100 mw CST road map



Financial Chronicle

Ø  GST can lower cost of logistics industry: Care Ratings

Ø  Recession as Brexit hammers spending, says EY

Ø  Govt fixes Rs 3,119/gm as rate for Gold Bond Scheme

Ø  Irdai expands product list for service units

Ø  Indian market is attractively valued but not over-valued

Friday, 15 July 2016

NIIT Tech Q1



Cons Net Profit At Rs.28.6 Cr Vs CNBC-TV18 Poll Of Rs.65 Cr:

Cons Total Income At Rs.670.7 Cr Vs CNBC-TV18 Poll Of Rs.681 Cr

LIC Hsg Q1



Net Profit At Rs.407.8 Cr Vs CNBC-TV18 Poll Of Rs.447 Cr:

NII At Rs.824.5 Cr Vs CNBC-TV18 Poll Of Rs.807 Cr

Infosys Q1



Cons Net Profit At Rs.3,436 Cr Vs CNBC-TV18 Poll Of Rs.3,447 Cr

Total Income At Rs.16,782 Cr Vs CNBC-TV18 Poll Of Rs.17,089 Cr

Cons $ Revenue At $2,501 m
CALL OF 14/07/16 THURSDAY

@ 12:42

Buy DLF at 158 

sl 155.40 

trgt 163

SL HIT
CALL OF 14/07/16 THURSDAY

@ 12:31

Buy ONGC ltp 231 

sl 229.80 

trgt 236

SL HIT

Market Update


Sgx Nifty +16 pts
‎Dow +134.29 pts ,Nsdq +28.33 pts , S&P +11.32 pts ‎, Bovespa +882 pts , Ftse -15 pts , Dax +130 pts  , Cac +50 pts , Nikkei  +74 pts, now, Crude @ $45.33 brl (-0.35), Brent @ $47.37 brl (+1.11) , Gold @ $133.80 (+2.60), Silver @ $20.38 (+0.05), Euro @ $1.1103, JPY @ $105.1700, INR @ $66.9138



Today's Corporate Action
15th July  Ex Date



BERGEPAINT
Bonus issue 2:5
BIMETAL
Dividend - Rs. - 7.5000
EIMCOELECO
Dividend - Rs. - 5.0000
GLAXO
Dividend - Rs. - 50.0000
HDFC
Final Dividend - Rs. - 14.0000
ICIL
Final Dividend - Rs. - 1.0000
INGERRAND
Final Dividend - Rs. - 3.0000
NAVINFLUOR
Final Dividend - Rs. - 11.0000
ORIENTCEM
Final Dividend - Rs. - 1.0000
ORIENTHOT
Dividend - Rs. - 0.2000
PONNIERODE
Dividend - Rs. - 1.2000
TATAELXSI
Dividend - Rs. - 14.0000




Today's Key Result
15th July 



Infy ( Cog Cons  Est Net 3434 Cr +13% Yoy Time - During Mkt)  
Reliance( Cog Cons Est Net 6557 Cr + 5% Yoy Time - After Mkt) 
Lic House (Cog Est Net 452 Cr +18% Yoy) 
Hatsun Agro,Ind Gelatine,Mastek,Niit Tech

Business Standard



Ø  ONGC seeks buyers for deep-water field in KG Basin

Ø  Banks' gross NPA levels to be at 8-8.5 per cent in FY17: Icra

Ø  India Inc's foreign investment down 3% to $1.86 bn in June

Ø  SIT on black money for ban on cash transactions above Rs 3 lakh

Ø  TCS says watching Brexit as Q1 beats estimates

Ø  JP Morgan results spurs S&P, Dow to new peaks



Ø  TCS result beats the Street, net profit rises 10.6%

Ø  Prabhu writes to Jaitley, seeks merger of two budgets

Ø  Govt extends payment date under black money scheme

Ø  Regulatory ambiguity over NSE's overseas listing plan

Ø  Banks file plea in SC against Vijay Mallya for not disclosing assets

Ø  Poverty in Italy at worst for 10 years in blow for PM Renzi

Ø  Honda recalls over 1.9 lakh cars in India

Business Line

Ø  BoE stuns investors by keeping rates on hold

Ø  Renewable energy sector in consolidation mode

Ø  Chinese delegation woos Indian entrepreneurs for expo 

Ø  Ashok Leyland’s African safari to begin in Kenya

Ø  Centre to raise $100-m ADB loan for projects in Vennar sub-basin

Ø  RBI panel to study regulatory issues relating to Fin Tech, Digital Banking

Mint

Ø  Power Grid’s Rs1 trillion expansion to back Modi’s economic, strategic goals

Ø  Rooftop rights are up for grabs amid solar power push

Ø  Merging Flipkart, Snapdeal the best way to beat Amazon

Ø  IMD warns of heavy rainfall in seven states

Ø  Granules to acquire 12.5% stake in US-based drug maker USpharma

Ø  Trai issues paper on public Wi-Fi networks

Financial Express               

Ø   Govt reaches out to Cong over passage of GST bill in monsoon session

Ø  Yatra, Terrapin 3 Acquisition enter merger pact

Ø  Coal shift a double whammy for Indonesian exporters

Ø  RBI likely to cut repo rate by 25 bps in August: BofA-ML

Ø  Rafale deal to figure in Defence Acquisition Council today



Financial Chronicle

Ø  WPI inflation hardens for 3rd month, hits 1.62% in June

Ø  Dividend policy must for top 500 listed companies

Ø  Tata Advanced Systems, Bell ink pact to build choppers

Ø  Indian Hotels sells Taj Boston for $125 million

Ø  Govt approves revival of three closed urea units

Ø  Norms for transfer of P-Notes tightened

Thursday, 14 July 2016

CALL OF 12/07/2016 TUESDAY

@ 10:32

Buy Nifty ltp 8503 

sl 8460 

trgt 8542/50/65

ALL TRGT HIT

EXIT
NIFTY VIEW @ 09:09

Nifty 50 (8519)

Nifty if trades below 8500 can hold support around 8420.. 8440 zone.

If trades above 8560 can touch 8680 levels.

Market Update


Sgx Nifty -9 pts
‎Dow +24.45 pts ,Nsdq -17.09 pts , S&P +0.29 pts ‎, Bovespa +341 pts , Ftse -10pts , Dax -33 pts  , Cac +3 pts , Nikkei  +21 pts, now, Crude @ $45.10 brl (+0.35), Brent @ $46.26 brl (-2.26) , Gold @ $1346.40 (+2.80), Silver @ $20.48 (+0.06), Euro @ $1.1094, JPY @ $104.1000, INR @ $67.0550



Today's Corporate Action
14th July  Ex Date



AHLWEST
Final Dividend - Rs. - 1.0000
ATUL
Dividend - Rs. - 10.0000
BAJAJ-AUTO
Final Dividend - Rs. - 5.0000
BAJAJHLDNG
Final Dividend - Rs. - 7.5000
BAJFINANCE
Final Dividend - Rs. - 7.0000
CERA
Dividend - Rs. - 9.0000
COROMANDEL
Dividend - Rs. - 4.0000
DFM
Dividend - Rs. - 5.0000
EVEREADY
Dividend - Rs. - 1.0000
EXCELINDUS
Dividend - Rs. - 4.5000
GICHSGFIN
Dividend - Rs. - 5.0000
GRINDWELL
Bonus issue 1:1
HITACHIHOM
Dividend - Rs. - 1.5000
INVPREC
Dividend - Rs. - 0.7000
JYOTHYLAB
Final Dividend - Rs. - 1.0000
KOTAKBANK
Dividend - Rs. - 0.5000
M&MFIN
Dividend - Rs. - 4.0000
MONEYMATF
Final Dividend - Rs. - 1.5000
ORIENTC
Final Dividend - Rs. - 5.5000
SAREGAMA
Dividend - Rs. - 1.5000
SESHAPAPER
Dividend - Rs. - 5.0000
SILINV
Dividend - Rs. - 1.2500
SUNPHARMA
Buy Back of Shares 
SUTLEJTEX
Dividend - Rs. - 13.0000
SWARAJAUTO
Dividend - Rs. - 3.5000
VIPIND
Final Dividend - Rs. - 1.4000
WABAG
Dividend - Rs. - 4.0000
WENDT
Final Dividend - Rs. - 15.0000




Today's Key Result
14th July 


Tcs( Cog Cons Est Net 6033cr + 6% Yoy Time- After Mkt) 
Canfin Homes,Cyient Ltd,Dcb Bank, Guj Foils,Jaybharat Maruti,Muthooth Cap,Techno Elect,Vimta Lab




Today's Data Alert



Jul 14: WPI inflation for June, by commerce and industry ministry.




Today's Global Data



Jul 14: UK June RICS residential market survey; 0431 IST

Jul 14: Bank of England monetary policy committee meeting minutes; 1630 IST

Jul 14: Bank of England interest rate decision; 1630 IST

Jul 14: US unemployment insurance initial claims for week ended Jul 9; 1800
IST

Jul 14: US June producer price index; 1800 IST

Jul 14: US weekly export sales; 1800 IST

Jul 14: US EIA natural gas storage report for week ended Jul 8; 2000 IST

Jul 14: International Monetary Fund Managing Director Lagarde to speak

Wednesday, 13 July 2016

CALL OF 13/07/2016

@ 09:51

Buy Lupin ltp 1668 

sl 1644 

trgt 1720

SL HIT
VIEW ON NIFTY BANK

Nifty bank has entered into a new rally zone can show up move of 3000 points in coming months. 

As of now it has resistance to this rally near 18730..18750. 

Support zone is 18100..18200
VIEW ON NIFTY

Nifty 50( 8521 )

As mentioned in our earlier reports we can see now nifty heading towards 8698 and 8863 and new high positional levels. 

Everyday gap up opening can show these levels soon in coming months. 

As of now nearest resistance is around 8550..8570 zone for the week if again trades above 8600 ...will enter into new zone

Support zone is 8440..8420.

Market Update


Sgx Nifty +21 pts
‎Dow +120.74 pts ,Nsdq +34.18 pts , S&P +14.98 pts ‎, Bovespa +296 pts , Ftse -2 pts , Dax +130 pts  , Cac +66 pts , Nikkei  +321 pts, now, Crude @ $44.44 brl (-0.36), Brent @ $48.47 brl (+2.22) , Gold @ $1335.00 (-0.30), Silver @ $20.23 (+0.05), Euro @ $1.1066, JPY @ $104.8800, INR @ $67.1837



Today's Corporate Action
13th July  Ex Date


ALFREDHE
Dividend - Rs. - 2.0000
ANDHRABANK
Dividend - Rs. - 0.5000
ASHOKLEY
Dividend - Rs. - 0.9500
BPCL
Bonus issue 1:1
CHEMFALKAL
Dividend - Rs. - 1.2500
HATSUN
Bonus issue 2:5
PHILIPCARB
Dividend - Rs. - 2.5000
RSSOFTWARE
Dividend - Rs. - 1.0000
SOLARINDS
Stock  Split From Rs.10/- to Rs.2/-



Today's Key Result
13th July


Infomedia,Network18,RIIL,Tv18





Today's Global Data



Jul 13: US API statistical bulletin for week ended Jul 8; 0200 IST

Jul 13: US Federal Reserve Bank of Minneapolis President Kashkari to speak;0300 IST

Jul 13: Japan May revised industrial production; 1000 IST

Jul 13: Japan May revised retail sales; 1000 IST

Jul 13: UK May CML lending trends; 1400 IST

Jul 13: European Union May industrial production; 1430 IST

Jul 13: US MBA mortgage applications survey for week ended Jul 8; 1630 IST

Jul 13: US June import, export price indexes; 1800 IST

Jul 13: US EIA petroleum status report for week ended Jul 8; 2000 IST

Jul 13: US Federal Reserve Beige book; 2330 IST

Jul 13: US June Treasury statement of receipts, outlays; 2330 IST

Jul 13: US-European Union trade negotiations 14th round stakeholder  presentations, chief negotiators briefing

Economic Times


Business Standard

Ø  Trai's weighted-average plan to make telcos pay more

Ø  Post Brexit, Theresa May starts untangling the UK from the EU 

Ø  Air Asia buys 100 Airbus A321neos for $12.5 bn

Ø  Cairn-Vedanta merger: LIC says still not on board

Ø  UK keen to further boost trade ties with India: Envoy

Ø  Asia Index to change methodology for dividend stability index



Ø  HDFC Bank beats major European peers on m-cap

Ø  China rejects South China Sea tribunal judgement

Ø  Dow, S&P hit record highs, Nasdaq erases 2016 losses

Ø  NSEL scam: ED arrests Jignesh Shah under anti-money laundering law

Ø  Trai reiterates to have a flat rate for SUC

Ø  Cairn Energy seeks $5.6 billion compensation from India

Business Line

Ø  FSSAI gives clean chit to Coca-Cola, PepsiCo, Bisleri

Ø  ‘For 8% growth, India should focus on outward orientation’ 

Ø  Most States are slow in adopting agri market reforms: NITI Aayog 

Ø  Telecom regulator picks holes in DoT’s spectrum levy formula

Ø  Govt invites bids from merchant bankers for HUDCO stake sale

Mint

Ø  June inflation rises to 5.77%, May IIP increases by 1.2%

Ø  Hudco stake sale: Govt seeks bankers’ bids

Ø  L&T Infotech IPO subscribed 3.68 times on Day 2

Ø  Boeing, Airbus duel for $12 billion order from SpiceJet

Ø  Raghuram Rajan’s potenial successor at RBI cheered by stocks, bonds

Financial Express               

Ø   BSE launches online system for SGB, begins mock sessions

Ø  India among top 5 in contingent workforce engagement globally 

Ø  Brexit to hit realty companies having exposure to London: Fitch



Financial Chronicle

Ø  IDFC Bank buys Trichy MFI Grama Vidiyal, eyes more

Ø  Industrial production expands 1.2% in May

Ø  Quess Corp makes a strong market debut

Ø  Govt expects Rs 46,739-cr TDS from Delhi region

Ø  Suven Life gets patents for neuro-degenerative drug

Tuesday, 12 July 2016

CALL OF 11/07/2016 MONDAY

@ 03:17

Buy Axis Bank ltp 547 

sl 543 

trgt 558

TRGT HIT
CALL OF 12/07/2016 TUESDAY

@ 10:52

EQ

Buy Sun pharma ltp 783 

sl 779 

trgt 792

SL HIT
CALL OF 12/07/2016 TUESDAY

@ 11:17

Buy Ab Nuvo ltp 1299 

sl 1292

Trgt 1322/1344

SL HIT
CALL OF 11/07/2016 MONDAY

@ 01:35

Buy IDBI ltp 75.75 

sl 75.20 

trgt 76.80

MADE A HIGH OF 76.90

TRGT DONE

Market Update


Sgx Nifty +27 pts
‎Dow +80.19 pts ,Nsdq +31.38 pts , S&P +7.26 pts ‎, Bovespa +819 pts , Ftse +92 pts , Dax +203 pts  , Cac +73 pts , Nikkei  +493 pts, now, Crude @ $44.68 brl (-0.08), Brent @ $46.25 brl (-0.51) , Gold @ $1355.00 (-1.60), Silver @ $20.36 (+0.05), Euro @ $1.1056, JPY @ $102.5500, INR @ $67.1362



Today's Corporate Action
12th July  Ex Date


BHARATSE
Dividend - Rs. - 0.9000
KARURVYSYA
Final Dividend - Rs. - 4.0000
SHREYAS
Dividend - Rs. - 1.3000




Today's Data Alert



Jul 12: CPI Combined inflation for June, by CSO. 1730 IST

Jul 12: Index of Industrial Production for May, by CSO. 1730 IST



Today's Global Data



Jul 12: UK June British Retail Consortium-KPMG retail sales monitor; 0431
IST

Jul 12: Japan June corporate goods price index; 0520 IST

Jul 12: Japan May tertiary industry index; 1000 IST

Jul 12: Germany June consumer, wholesale price indices; 1130 IST

Jul 12: European Union June long-term interest rates statistics; 1330 IST

Jul 12: UK Financial Policy Committee record of latest meeting; 1400 IST

Jul 12: UK Treasury Committee evidence session on Bank of England's
Financial Stability Report; 1430 IST

Jul 12: US June NFIB small business optimism index; 1530 IST

Jul 12: Bank of England Apr-Jun bulletin; 1630 IST

Jul 12: US The Retail Economist/Goldman Sachs chain store sales index for
week ended Jul 9; 1715 IST

Jul 12: US Johnson Redbook retail sales index for week ended Jul 9; 1825 IST

Jul 12: US Federal Reserve Board Governor Tarullo to speak; 1830 IST

Jul 12: US Federal Reserve Bank of St. Louis President Bullard to speak;
1905  IST

Jul 12: US May wholesale trade; 1930 IST

Jul 12: US May job openings, labour turnover survey; 1930 IST

Jul 12: ECOFIN meeting of European Union finance ministers

Jul 12: Germany May balance of payments