NIFTY VIEW:

Nifty 50 (8551)

Nifty yesterday broke the zone of 8530 ..8540 but managed to close above it.

Today if breaks 8510 it can show 8480..8460 levels.

If holds 8510...8540 zone can resume back to 8600 levels.

Economic Times

·         Jio 4G services to be at 'substantially lower' rates than rivals: RIL

·         Countdown  to 4G launch: Jio deploys 1 lakh small cells, 2.50 lakh route km of OFC

·         Chinese brands are here! Vivo, Gionee gain mkt share at the cost of Samsung, Micromax

·         Airlines fear rise in costs because of GST, leading to higher ticket prices

·         New trend: McDonald’s goes on a healthy diet

·         TalentSprint expands leadership team with three new appointments

·         Parliament okays additional grants of Rs 1.03 lakh crore

·         PM Narendra Modi asks 172 IAS officers to study centre, state sites

·         Government expects 50% states to ratify GST bill in 30 days

·         iD Fresh Foods partners with Nilgiri Dairy Farm to produce dairy products

·         Volkswagen starts IT arm to support global brands from Pune

·         Investments in fintech firms at an all time high; Rs 1,245 crore pumped in so far in 2016

·         Biyani's Future Enterprises plans to raise Rs 1,250 crore

·         French lighting company Mathieu Lustrerie is banking on the new Indian maharajas

·         Suzlon to exit debt restructuring by March 2017: Tulsi Tanti

·         Siemens bags Rs 217 crore order from Power Grid company of Bangladesh

·         Government extends minimum import price on 66 steel products

·         185 mini steel plans in Chhattisgarh facing trouble: Motilal Vohra

·         Dr Reddy's acquires Teva's eight US products

·         Tata Trusts, Gilead sign MoU on viral hepatitis in India

·         Carlyle Group emerges front-runner for Bharat Biotech stake

·         Luxury on offer in India still quite limited: Longchamp CEO

·         LeEco plans to invest $200 million in content for India over 2-3 years



Business Line

·         Apollo Hospitals to invest Rs. 1,200 cr in oncology segment; to offer proton therapy

·         Comedy, web series combination strengthening YouTube viewership

·         RIL sets record with FY16 investment of ₹1.2 lakh cr

·         Deepak Fertilisers to invest ₹550 crore in new Dahej plant

·         ASCI pulls up firms for 109 misleading ads

·         Tube Investments profit doubles in first quarter

·         Minority shareholders allege violation of Listing Agreement by Cairn India

·         Slowdown in biscuits bites into Parle’s budget 8

·         LeEco’s televisions to be available in offline stores soon

·         ONGC, OIL pay differential royalty on crude oil to Assam

·         Future group, Paytm tie up to take Big Bazaar online

·          SAIL approves VRS to 1,038 employees

·         GE to invest up to $31 mn in Mytrah wind project

·         Suzlon wins 75.6 MW turnkey orders



Business Standard

·         Centre may take money Bill route for next GST laws

·         Govt firm on April 1 deadline for GST

·         Oberoi Realty in talks with Morgan Stanley, GIC for JV

·         Reliance to create 'omni-commerce'

·         RIL takes aim at gas pricing formula

·         Amazon looks at more online recruitment



Mint

·         Total rainfall so far 2% excess of long-period average

·         Mukesh Ambani's salary remains capped at Rs15 crore for eighth year

·         GST will help firms cut logistics cost by 1.5-2.5%, say executives

·         Ola says it raised Rs384 crore from Vanguard Group in December 2015

·         Bata India to take franchisee route to tap rural and semi-urban markets

·         Air Costa cancels all flights after trouble with lessors

Market Update

Sgx Nifty +33 pts
‎Dow -2.95 pts ,Nsdq +6.51 pts , S&P +0.46 pts ‎, Bovespa +516 pts , Ftse +105 pts , Dax +57 pts  , Cac +24 pts , Nikkei  +29 pts , now, Crude @ $41.80 brl (-0.15), Brent @ $44.29 brl (+1.19) , Gold @ $1365.70 (-1.70), Silver @ $20.38 (-0.06), Euro @ $1.1133, JPY @ $101.2000, INR @ $66.9175



Today's Corporate Action
5th Aug  Ex Date


BHAGIL
Dividend - Rs. - 5.0000
CASTROLIND
Interim Dividend - Rs. - 4.5000
GODREJCP
Interim Dividend - Rs. - 1.0000
IBULHSGFIN
Interim Dividend - Rs. - 9.0000
ICRA
Dividend - Rs. - 25.0000
MOIL
Buy Back of Shares 
NESTLEIND
Interim Dividend - Rs. - 12.0000
VOLTAS
Dividend - Rs. - 2.6000
WHBRADY
Dividend - Rs. - 0.7500




Today's Key Result
5th Aug 



Bharat Forge (151 Cr -22% Yoy) 
Bel ( 72 Cr +19 % Yoy)
GSK Health( 167 Cr +8 % Yoy) 
Marico ( Cons 269 Cr +13% Yoy)
Pfizer ( 68 Cr +27% Yoy)  
Tata Chem ( Cons 235 Cr +54% Yoy) 
Aegis Logistic, Apar Inds,Bombay Burmah, Caplin Point,Control  Print,Credit Rating,Dhampur Sug,Eid‎ Parry,Eih Associate,Gateway Dist,India Glycol,Kilburn Chem,Ndtv,Sona Koyo Sundaram Clayton, Talbros ,Ttk Health, Uttam Galva Steel, West Life Develop
Srcs-Cogencis Est Net 

‎




Today's Global Data


Aug 5: US money stock measures; 0200 IST

Aug 5: US Federal discount window borrowings; 0200 IST

Aug 5: US foreign central bank holdings; 0200 IST

Aug 5: UK July REC, KPMG report on jobs; 0431 IST

Aug 5: Japan provisional trade statistics for Jul 1-20; 0520 IST

Aug 5: Japan July international reserves/foreign currency; 0520 IST

Aug 5: Japan June indexes of business conditions-preliminary release; 1030
IST

Aug 5: Germany June manufacturing orders; 1130 IST

Aug 5: Germany June manufacturing turnover; 1130 IST

Aug 5: UK July Halifax house price index; 1300 IST

Aug 5: US June international trade in goods, services; 1800 IST

Aug 5: US July employment report; 1800 IST

Aug 5: Japan June provisional labour survey

CALL OF 03/08/2016 WEDNESDAY

@ 02:32

Sell Dabur aug fut ltp 300 

sl 304 

trgt 294

TRGT HIT

NIFTY BANK VIEW:

Nifty bank (18602)

Nifty bank is near its zone of 18400 ..18500 break through this zone can take it too 18300..18200 if holds here with triple bottom formation can take it to 19100..19200 zone

NIFTY VIEW:

Nifty 50 (8544)

Nifty yesterday broke the range of 8600 and cooled down to 8540 ..8530 the short term support zone.

Today we can see a positive opening as sgx is trading in positive zone and on the amendment of gst bill.
But technicals will confirm on today's closing about the further trend

If nifty maintains below 8530..8540 zone it can show  8480..8460 today
If bounches from this support zone and close abv 8700 it can enter into a new rally area

Market Update

Sgx Nifty +61 pts
‎Dow +41.23 pts ,Nsdq +22.01 pts , S&P +6.76 pts ‎, Bovespa +914 pts , Ftse -11 pts , Dax +25 pts  , Cac -6 pts , Nikkei  +71 pts , now, Crude @ $41.13 brl (+0.30), Brent @ $43.10 brl (+1.30) , Gold @ $1363.80 (-0.90), Silver @ $20.45 (-0.01), Euro @ $1.1149, JPY @ $101.2900, INR @ $66.9925



Today's Corporate Action
4th Aug  Ex Date


ABMKNO
Final Dividend - Rs. - 1.2500
ASAHIINDIA
Dividend - Rs. - 0.6000
AVANTI
Dividend - Rs. - 7.0000
DBCORP
Final Dividend - Rs. - 4.2500
FOSECOIND
Interim Dividend - Rs. - 10.0000
GRAUWEIL
Dividend - Rs. - 0.0800
HERCULES
Dividend - Rs. - 1.5000
INDIANCARD
Final Dividend - Rs. - 2.5000
INEOSSTYRO
Dividend - Rs. - 4.0000
IVP
Dividend - Rs. - 2.0000
JAMNAAUTO
Dividend - Rs. - 2.7500
JAYAGROGN
Interim Dividend - Rs. - 1.2500
JMCPROJECT
Dividend - Rs. - 1.0000
MADHAV
Dividend - Rs. - 1.0000
MBLINFRA
Dividend - Rs. - 1.5000
NEULANDLAB
Dividend - Rs. - 2.0000
SANOFI
Interim Dividend - Rs. - 18.0000
SHILCTECH
Final Dividend - Rs. - 0.5000
VALSON
Dividend - Rs. - 1.0000
WOCKPHARMA
Dividend on Preference Shares 
WPIL
Dividend - Rs. - 2.0000




Today's Key Result
4th Aug 


Tata Pow( Cons 326 Cr +35% Yoy Time - After Mkt) 
Arvind ( Cons 80 Cr +39 % Yoy)  
Cummins Ind (198 Cr -6% Yoy) 
Siemens ( 168 Cr) 
3M India,Basf,Bharat Gears,Brigade Ent, Dai Chi Karkaria,Deepak Nitrite, Fortis Health,Gati,Geojit Bnp,Hind Media,Igarashi Motor,Int Comb, Jamna Auto, Kaya Ltd,Manali  Petro, Nelcast, Revathi Equip, Sharda Crop,Snowman,Taj Gvk,Tanla Sol, Thomas Cook, Tube Inv
Srcs-Cogencis Est Net 

‎‎



Today's Global Data


Aug 4: Japan July imported vehicle sales; 0730 IST

Aug 4: European Central Bank economic bulletin; 1330 IST

Aug 4: UK July car registrations; 1330 IST

Aug 4: European Union retail purchasing managers' index; 1340 IST

Aug 4: European Union Ifo economic climate; 1430 IST

Aug 4: UK August interest rate decision; 1630 IST

Aug 4: Bank of England August monetary policy meeting minutes, inflation report; 1630 IST

Aug 4: US July Challenger job-cut report; 1700 IST

Aug 4: US unemployment insurance claims report for week ended Jul 30; 1800
IST

Aug 4: US weekly export sales data; 1800 IST

Aug 4: US June manufacturers' shipments, inventories, orders data; 1930 IST

Aug 4: US EIA natural gas storage report for week ended Jul 29; 2000 IST

Aug 4: US July retail chain stores sales index; 2130 IST

Economic Times

Business Standard

Ø   GST rate of 18-20% to cause mild inflation: Economists

Ø  Telcos penalised for wrong subscriber verification

Ø  Credit and deposit growth remains tepid for banks

Ø  India's July Iranian crude imports surge 21%

Ø  '5,200 MW solar capacity to be added in 2016-17'

Ø  No proposal from Apple to make iPhones in India as yet

Ø  GST to make insurance costlier by 300 bps



Ø  Cabinet nod to bring Uber, Ola under Motor Vehicles Act

Ø  RS passes GST Constitutional Amendment Bill

Ø  Essel group to set up virtual network operation with BSNL

Ø  Cabinet approves a flat SUC of 3% for upcoming spectrum auction

Ø  FIPB clears 7 foreign investment proposals worth Rs 300 cr

Ø  NSE group firm, CERSAI unveil online C-KYC registry

Business Line

Ø  GST to curb black money, April 2017 roll-out tough: Experts 

Ø  Anti-dumping duty plan may boost steelmakers

Ø  NSE Q1 net drops 44% to Rs. 187 cr on SGF transfer

Ø  Petroleum Ministry asks FinMin to reduce crude oil cess

Ø  Dredging Corpn achieves Rs. 676 cr turnover in 2015-16 

Ø  Markets have already priced-in GST passage, say analysts

Mint

Ø  SunEdison India sale said to draw Khazanah, Hindujas

Ø  Reliance Jio gets green nod for AAE-I subsea cable project

Ø  Tata Technologies plans to acquire companies to expand its defence footprint

Ø  ICRA lowers outlook on Adani Ports, reaffirms ratings

Ø  Samsung said in talks to buy assets of Fiat auto-parts unit

Financial Express               

Ø  CCEA okays formula to pay production subsidy to sugar mills

Ø  Government to further import 30,000-tonne tur, urad pulses

Ø  Govt gives nod to monetize 75 road projects; to garner Rs 1L cr

Ø  25-30 yrs needed for lifting poor above international line: Govt

Ø  Cabinet gives nod to new Motor Bill, steep penalties proposed for violation of traffic norms



Financial Chronicle

Ø  Franklin Templeton MF’s assets fall on quality issues

Ø  Global gold ETFs see record inflows, hold 2,240 tonne

Ø  Reforms, monetary policy to push growth to 8%: S&P

Ø  TVS Motor eyes 18% market share in 2 years

Ø  Anti-China steel tariffs bite engg, manufacturing firms

Ø  Bitcoin worth $72m stolen from Bitfinex exchange in HK

Titan Q1

Net Profit At `126.6 Cr Vs CNBC-TV18 Poll Of `184 Cr 

Watches Revenue Up 1.3% At `491.7 Cr Vs `485.2 Cr (YoY)

CALL OF 02/08/2016 TUESDAY

Intraday call

Sell  Beml below 1010 

sl 1024 

trgt 988/984

MADE A LOW OF 989.70

ALL TGRT HIT

 EXIT

NIFTY BANK VIEW:

Nifty bank (18708)

Nifty bank too like Nifty had hold yesterday's range .18550 ..19000.

Break through 18500 can show 18300..18200.

Above 19200 can resume back to uptrend.

Selling  patterns are forming which will be active below 18500 on closing and maintain basis...

Nifty View

Nifty 50 (8622)

Yesterday nifty traded in the range of 8600..8700.

Break through either side will decide the further trend of the day.

Above 8700 can show 8760...8780

Below 8600 can show 8570..8540 zone

Business Standard

Ø  CAG red-flags $1.6 bn excess cost recovery by RIL 

Ø  Infy to bet closer home, $15 million for Indian VC fund

Ø  Eicher set to repeat history, may over take Hero

Ø  PSBs need Rs 2.5 lakh crore capital over 3 yrs: S&P

Ø  India to slap anti-dumping duty on steel from 6 nations

Ø  India legally bound to enforce tribunal award: DoCoMo

Ø  Top 10 corporate groups owe Rs 5.73L-cr to lenders



Ø  Bad debt recovery may get PSU muscle

Ø  Govt may divest SUUTI stakes through new CPSE ETF

Ø  Govt yields on GST umpire, inter-state levy

Ø  Sebi goes after ponzi schemes, files 567 cases so far

Ø  I-T Dept may write off small tax arrears of up to Rs 5,000

Ø  ONGC goes for market price for gas from two fields

Ø  Lupin expands Japan business with Rs 1,000 crore buy

Business Line

Ø  July delivers 7% excess rainfall, says IMD

Ø  Squeeze on US dollars felt ahead of $20-b FCNR deposit redemption

Ø  Sun Pharma gets USFDA nod for generic diabetes treatment drug 

Ø  Dilip Buildcon IPO subscribed 70% on Day 2

Ø  Dewan Housing aims for 18-20% growth in loan disbursals this fiscal

Ø  CAG raps govt over inaccuracy in housing stock data

Mint

Ø  Rupee closes little changed at 66.74 against US dollar

Ø  India seeking merger model for creating a state oil champion

Ø  Nearly 58 lakh pensioner bank accounts to come under PMJDY

Ø  NMDC may enter rare earth minerals, beach sand mining

Ø  Competitive pricing pressure clips IndiGo’s wings

Ø  India’s consumer confidence slips, shows survey

Financial Express               

Ø  Coup costs Turkey economy $100 billion: Minister

Ø  Tata Trusts, Global Fund join hands to fight diseases

Ø  Infrastructure deficit biggest hurdle for 'Make in India': S&P

Ø  AXA, Alibaba, Ant Financial forge global distribution tie-up

Ø  'Indian exports started picking up again in past 2 months'



Financial Chronicle

Ø  Govt circulates amendments to GST to RS members

Ø  Top 200 Indian companies outperform Chinese peers

Ø  Japan approves $130b in fiscal steps to boost growth

Ø  Grain output seen at 252.22 mt this year

Ø  New Greek bailout finds IMF in a political bind

Market Update

Sgx Nifty -27 pts
‎Dow -90.74 pts ,Nsdq -46.46 pts , S&P -13.81 pts ‎, Bovespa -593 pts , Ftse -48 pts , Dax -186 pts  , Cac -81 pts , Nikkei  -195 pts , now, Crude @ $39.69 brl (+0.18), Brent @ $41.80 brl (-0.34) , Gold @ $1370.00 (-2.60), Silver @ $20.68 (-0.02), Euro @ $1.1219, JPY @ $101.0400, INR @ $66.7400



Today's Corporate Action
3rd Aug  Ex Date


ADIRASA
Reduction of Capital 
BASF
Dividend - Rs. - 1.0000
BENARAS
Dividend - Rs. - 20.0000
CLNINDIA
Final Dividend - Rs. - 10.0000
DHUNTEAIND
Dividend - Rs. - 8.0000
GLENMARK
Dividend - Rs. - 2.0000
GPPL
Dividend - Rs. - 1.9000
GRANULES
Final Dividend - Rs. - 0.2000
HONDAPOWER
Dividend - Rs. - 6.0000
INDOBORAX
Final Dividend - Rs. - 1.5000
KAIRA
Dividend - Rs. - 5.0000
MAFATIND
Dividend - Rs. - 3.0000
MINDAIND
Final Dividend - Rs. - 4.0000
MINDTECK
Dividend - Rs. - 1.0000
MRF
Final Dividend - Rs. - 94.0000
NATFIT
Final Dividend - Rs. - 1.0000
PAGEIND
Final Dividend - Rs. - 24.0000
SAFARIND
Dividend - Rs. - 1.2000
SAKSOFT
Dividend - Rs. - 3.0000
ZODIACLOTH
Dividend - Rs. - 1.0000




Today's Key Result
3rd Aug 


Hcl Tech ( Cons 1887 Cr +6 % Yoy Time- Before Mkt) 
Ramco Cem ( 156 Cr +65 % Yoy) 
Emami (  71 Cr -19% Yoy) 
Ttk Prest( 30 Cr +37% Yoy) 
Cadila Health ( Cons 388 Cr +10% Yoy) Bata‎( 59 Cr -35% Yoy) 
Titan ( 185 Cr +23% Yoy) 
Accelya,Bata Ind,Berger Paint, Capital First, Carborundum Univer,Dishman Pharm,Dwarikesh Sug,Esab Ind,Gulf Oil, Kajaria Cer,Kewal Kiran, Multibase, Pricol,Ramco Ind,Ttml, Xpro Ind
Srcs-Cogencis Est Net 

‎


Today's Data Alert


Aug 03: Nikkei services PMI for July, by Markit Economics. 1030 IST




Today's Global Data


Aug 3: US July domestic auto industry sales; 0130 IST

Aug 3: US API statistical bulletin for week ended Jul 29; 0200 IST

Aug 3: UK July shop price index; 0431 IST

Aug 3: UK Jul-Sep CBI SME trends survey; 0431 IST

Aug 3: UK National Institute Economic review; 0431 IST

Aug 3: Bank of Japan monetary policy meeting minutes; 0520 IST

Aug 3: Japan July services purchasing managers' index; 0730 IST

Aug 3: Germany July services purchasing managers' index; 1325 IST

Aug 3: Eurozone July services purchasing managers' index; 1330 IST

Aug 3: UK July narrow money, reserve balances; 1400 IST

Aug 3: UK July CIPS/Markit Services purchasing managers' index; 1400 IST

Aug 3: UK July official reserves data; 1400 IST

Aug 3: European Union June retail trade data; 1430 IST

Aug 3: US MBA mortgage applications survey for week ended Jul 29; 1630 IST

Aug 3: US July ADP employment report; 1745 IST

Aug 3: US Department of Treasury's quarterly refunding announcement; 1800
IST

Aug 3: US July services purchasing managers' index; 1915 IST

Aug 3: US July ISM non-manufacturing report on business; 1930 IST

Aug 3: US EIA petroleum status report for week ended Jul 29; 2000 IST

Aug 3: European Central Bank governing council non-monetary policy meeting

Aug 3: US June metropolitan area employment

HCL Tech Q1

Net Profit At Rs 2047 Cr Vs CNBC-TV18 Poll Of Rs 1,890 Cr 

Dollar Revenue At $1,691 m Vs CNBC-TV18 Poll Of $1,678.5 m

Rupee Revenue At `11,336 Cr Vs CNBC-TV18 Poll Of `11,255 Cr

Voltas Q1

Cons Net Profit At Rs.157.6 Cr VS CNBC-TV18 Poll Of Rs.129 Cr

CALL OF 02/08/2016 TUESDAY

@ 09:18

Buy Auro Pharma ltp 795 

sl 784 

trgt 807

SL HIT

NIFTY BANK VIEW

Nifty bank (18740)

Nifty bank is forming a selling pattern formation which will be active below 18500..18550 zone on closing basis for a target of 18300..18200.

But if holds around 18500..18550 zone it can bounce back towards its resistance zone of 19100..19200.

NIFTY VIEW

Nifty (8636)

Yesterday Nifty made a high of 8711 and closed with a neutral doji.

It can trade both ways today.

If maintains above 8660 it can rise to 8710 ++.

If it maintains below 8630 can fall upto 8590..8570 zone.

Economic Times

Business Standard

Ø  Govt to move 4 amendments in bill to facilitate GST

Ø  Min Rs 500 cr capital for new on-tap license: RBI

Ø  Rajan wants monetary policy panel formed before he departs RBI

Ø  FPIs approach government to renegotiate India-Singapore tax treaty

Ø  Uber shuts shop in China with $35 bn merger, India now its big bet

Ø  Tata Capital Housing unveils home loan scheme

Ø  EPF Act to be amended to include cos with 10 workers



Ø  Indian equities may remain top draw for FIIs

Ø  India's trade deficit with China jumps to $53 bn in 2015-16

Ø  Govt seeks parliament's approval for $15.4 billion extra spending

Ø  Govt clears 89 single-brand retail, 1 multi-brand proposals

Ø  Core sector growth recovers in June, rises 5.2%

Ø  Inflation to ease with monsoon impact on veggie prices: SBI

Ø  Tesla offers $2.6 bn for SolarCity, lower end of expectations

Business Line

Ø  Govt lists GST bill in Rajya Sabha for Wednesday 

Ø  21% of country received deficient rainfall

Ø  SEBI approves RBL Bank’s long pending IPO 

Ø  Steel industry owes over Rs 3 lakh crore to banks: minister

Ø  Centre approves Draft Real Estate Agreement Rules for UTs 

Ø  M&M sales move up 14% to 39,458 units in July

Mint

Ø  RBI puts bank licences on tap, excludes big groups

Ø  Monsoon to be above normal in August and September: IMD

Ø  Tech Mahindra Q1 profit rises 28% to Rs796.5 crore

Ø  Maruti Suzuki cracks down on suppliers over quality

Ø  Bad loan problem at ICICI Bank far from over

Ø  Sebi audit flags discrepancies at warehouses

Financial Express               

Ø   Wipro Infrastructure to acquire Israel's H R Givon

Ø  Maruti Suzuki shares hit new record high on July sales

Ø  Verizon to buy Fleetmatics for about $2.4 billion

Ø  Honda Cars sales plunge 24.57% to 14,033 units in July

Ø  TCHFL unveils low interest home loan at 4 per cent for weaker section



Financial Chronicle

Ø  SBI’s cheaper home loans for 7th pay panel awardees

Ø  GSK, Alphabet create $715m bioelectronics firm

Ø  Nobel Hygiene to ramp up production

Ø  Maruti hikes prices by up to Rs 20,000

Ø  Sensex washes out early gains, slides 49 points

Market Update

Sgx Nifty -13 pts
‎Dow -27.73 pts ,Nsdq +22.06 pts , S&P -2.76 pts ‎, Bovespa -552 pts , Ftse -30 pts , Dax -6 pts  , Cac -30 pts , Nikkei  -170 pts , now, Crude @ $40.17 brl (+0.11), Brent @ $42.14 brl (-1.39) , Gold @ $1359.90 (+0.30), Silver @ $20.48 (-0.02), Euro @ $1.1167, JPY @ $102.3200, INR @ $66.7437



Today's Corporate Action
2nd Aug  Ex Date


ACC
Interim Dividend - Rs. - 11.0000
AHLEAST
Dividend - Rs. - 2.0000
AMBUJACEM
Interim Dividend - Rs. - 1.6000
AVTNPL
Final Dividend - Rs. - 0.2000
DCMSRMIND
Dividend - Rs. - 3.0000
DHUNINV
Dividend - Rs. - 1.5000
DISA
Final Dividend - Rs. - 2.5000
GARWALLROP
Dividend - Rs. - 3.3000
HIKAL
Final Dividend - Rs. - 0.5000
HONAUT
Dividend - Rs. - 10.0000
KHAICHEM
Dividend - Rs. - 0.0500
MAKERSL
Dividend - Rs. - 1.0000
NITINALOY
Dividend - Rs. - 0.7500
PAUSHAKLTD
Dividend - Rs. - 3.0000
PRIMEURB
Final Dividend - Rs. - 0.4000
SHREYANIND
Dividend - Rs. - 1.2000
TATACHEM
Dividend - Rs. - 10.0000
TATATIMKEN
Dividend - Rs. - 1.0000
UJJIVAN
Dividend - Rs. - 0.5000
VSTIND
Final Dividend - Rs. - 70.0000‎
‎



Today's Key Result
2nd Aug 


Indian Bank ( 150 Cr -30% Yoy) 
Voltas ( Cons 127 Cr +15% Yoy) 
Century Ply,Eih Ltd,Heg,Hitech Plast,Indian Bank,Jindal Hotel,Jk Agri,Saregama,Savera,Tata Inv,Torrent Pow,Ufo Movies,Ugar Sug, Wonderla Hol,Zydus Well
Srcs-Cogencis Est Net




Today's Data Alert


Aug 02: 14-day variable rate term repo for 185 bln rupees. Bids to be
submitted   between 1100 and 1130 IST.




Today's Global Data


Aug 2: Japan July monetary base; 0520 IST

Aug 2: Japan July consumer confidence survey; 1030 IST

Aug 2: UK July CIPS/Markit construction purchasing managers' index; 1400 IST

Aug 2: European Union June producer price index; 1430 IST

Aug 2: US Retail Economist/Goldman Sachs chain store sales index for week
ended Jul 30; 1715 IST

Aug 2: US June personal income, outlays; 1800 IST

Aug 2: US Johnson Redbook retail sales index for week ended Jul 30; 1825 IST

Aug 2: US July ISM-NY business report; 1915 IST

Tech Mahindra Q1

Net Profit At Rs 796.5 Cr Vs CNBC-TV18 Poll Of Rs 717 Cr 

Rupee Revenue At Rs 6,921 Cr Vs CNBC-TV18 Poll Of Rs 6,903 Cr

Dollar Revenue At $1,031.5 m Vs CNBC-TV18 Poll Of $1,028.5 m

CALL OF 01/08/2016 MONDAY

@ 12:12

INTRADAY CALL

Buy Nifty ltp 8703 

sl 8690 

trgt 8734

SL HIT

CALL OF 01/08/2016 MONDAY

@ 02:02

Buy jindal steel ltp 84.95

 sl 82

 trgt 90

TRGT HIT

MADE A HIGH OF 92

Monthly view

Nifty 50 (8638)

Nifty has been in rally mode from last 5 months and now is consolidating near its positional resistance zones 
8600....8840..8860.

Here if it cools down to 8300..8100 will be a good entry zone  

With sl of .7940..7900

But if crosses above 8880 ..8920 it can show new high.

Market Update

Sgx Nifty +25 pts
‎Dow -24.11 pts ,Nsdq +7.15 pts , S&P +3.54 pts ‎, Bovespa +641 pts , Ftse +3 pts , Dax +62 pts  , Cac +19 pts , Nikkei  -180 pts , now, Crude @ $41.32 brl (-0.28), Brent @ $43.25 brl (-0.28) , Gold @ $1356.0 (-1.90), Silver @ $20.41 (+0.05), Euro @ $1.1173, JPY @ $102.3700, INR @ $66.9950



Today's Corporate Action
1st Aug  Ex Date



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




Today's Key Result
1st Aug 


Tech Mah( Cons 724 Cr +7 % Time -After Mkt )
Tata Comm (Cons 51 Cr) 
Accel Front,Banco Prod,Bengal Tea,Blue Star,Cent Enka,Delta Corp, Greaves Cot,Inter Globe,Mold Tek,Nitco,Piramal Ent,Tata Comm,Vrl logic
Srcs- Cogencis Net Est




Today's Data Alert



Aug 01: Nikkei Manufacturing PMI for July, by Markit Economics. 1030 IST

Economic Times

Business Standard

Ø  Telcos seek uniform GST rate across India, cap at 15%

Ø  GST stands simplified with govt dropping 1% tax

Ø  'Govt open to deliberating on merger of oil firms'

Ø  Central KYC to hit new equity, commodity investors from Aug 1

Ø  'Despite growth, our economy can't give enough jobs'

Ø  DLF's rental arm stake sale by Sept, may get 12K cr

Ø  'Global investors likely to be cautious on NIIF investments'



Ø  Blackstone, GIC rivalry keeps Indian realty pot boiling

Ø  Petrol price cut by Rs 1.42/litre, diesel by Rs 2.01 a litre

Ø  India's holdings of US govt securities falls to $118 bn in May

Ø  Mallya's assets to go under hammer for Rs 700 cr

Ø  Lok Sabha to take up Debt Recovery Bill today

Ø  Due diligence for merger of Max Life almost complete: HDFC Life

Business Line

Ø   SEBI’s first phase of new enterprise portal goes live

Ø  Exim Bank raises $1 bn from overseas bonds

Ø  Coal linkages panel asks GVK Power to get fuel via e-auction 

Ø   SEBI cautions public against dealing with PACL assets 

Ø  FPI inflows in equities hits 4-month high of Rs. 12,612 cr in July

Mint

Ø  Delhi HC asks SpiceJet to deposit Rs580 crore in dispute with Kal Airways

Ø  L&T’s Q1 profit rises 46% to Rs610 crore

Ø  Tata group’s revenue falls 4.6% on decline in commodity prices

Ø  Godrej Consumer Q1 net profit more than doubles to Rs244.89 crore

Financial Express               

Ø   Govt withdraws tender for procuring mid-air refuellers

Ø  Centre to soon initiate process for making Ethanol from biomass: Nitin Gadkari

Ø  Industry sees uptick in sales, profitability by December: Survey

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



Financial Chronicle

Ø  India to clock GDP growth of 7.5% this fiscal: Deutsche

Ø  After Qatar, India tries to rework Australia LNG maths

Ø  Good rains, low crude prices may push RBI to cut rates

Ø  Production of natural rubber likely to rise 16% in FY17

Ø  Falling export forces guar farmers to shift to other crops