Friday, 9 September 2016

Economic Times

                    
Business Standard

Ø  Rules may be eased for banks and NBFCs under GST

Ø  Brookfield set to buy majority stake in RCom towers

Ø  Gas price for ONGC may be slashed by 20%: CMD

Ø  India's net FDI inflows for FY17 likely at $35 bn: Citigroup

Ø  ONGC may buy stake in GSPC's KG basin block

Ø  4G telecom service to rake over Rs 79K cr in 4 yrs: Study

Ø  Govt issues norms for time-bound closure of CPSEs



Ø  President's nod to Constitution Amendment Bill on GST

Ø  Auto sector clocks robust 26% growth in August

Ø  Shah panel report vindicates our stand, says ONGC

Ø  US cuts anti-dumping duty on our shrimp import

Ø  Volatility forces Yes Bank to defer $1 bn QIP

Ø  HZL plans to double silver production in 5 years: Sunil Duggal

Ø  Maruti Suzuki India to consider stock split

Business Line

Ø  Adani Group, Tata Power emerge top players in solar market

Ø  Just Dial gets RBI’s in-principle nod for its prepaid wallet

Ø  ‘GST law is like India signing a free trade pact with itself’

Ø  SAIL losses rise to Rs 536 cr in first quarter

Ø  Godrej eyes smart cities projects to scale up premium locks segment

Mint

Ø  Byju’s raises $50 million from Chan Zuckerberg Initiative, others

Ø  Reliance Jio, Airtel, Vodafone, Idea to meet Trai over interconnecting charges

Ø  Maharashtra’s mega refinery, petchem project faces land acquisition hurdle

Ø  Cairn-Vedanta merger gets LIC backing

Financial Express               

Ø  Sensex ends 119 points up, Nifty settles above 8,950;

Ø  Government may allow employees to raise New Pension System fund in stocks soon

Ø  RBI cancels registration certificate of 5 NBFCs

Ø  Banks can accept tax dues in cash under IDS: RBI

Ø  Mahindra eyes Rs 2,600-cr incremental revenue from Ola tie-up



Financial Chronicle

Ø  HP Enterprise in $8.8b deal with Micro Focus

Ø  Tesla gets $300m lease credit line from Deutsche Bank

Ø  'India among top M&A markets in emerging Asia'

Ø  TCS warns financial clients delaying spending

Ø  Sebi sets price bands for non-farm commodities

Ø  August sees sharp rise in flows into equity MF, ELSS

Market Update


Sgx Nifty -39 pts
‎Dow -46.23 pts ,Nsdq -24.44 , S&P -4.88 pts‎, Bovespa +102 , Ftse +12 pts , Dax -77 pts  , Cac -15 pts , Nikkei  +11 pts  now, Crude @ $47.33 brl (-0.29), Brent @ $49.99 brl (+2.01) , Gold @ $1340.50 (-1.10), Silver @ $19.65 (-0.02), Euro @ $1.1267, JPY @ $102.3100, INR @ $66.4238



Today's Corporate Action
9th  Ex Date


AKCAPIT
Final Dividend - Rs. - 6.0000
ASL
Dividend - Rs. - 0.9000
BEEKAY
Dividend - Rs. - 1.0000
CHOICEIN
Dividend - Rs. - 1.0000
COMFINTE
Dividend - Rs. - 0.0200
DAAWAT
Final Dividend - Rs. - 1.5000
DHPIND
Dividend - Rs. - 2.0000
DIANATEA
Dividend - Rs. - 0.2500
FIEMIND
Final Dividend - Rs. - 3.0000
FRONTSEC
Final Dividend - Rs. - 0.5000
HTMEDIA
Dividend - Rs. - 0.4000
JKIL
Dividend - Rs. - 2.0000
KCPSUGIND
Dividend - Rs. - 0.2500
MCX
Dividend - Rs. - 6.5000
MOLDTEK
Final Dividend - Rs. - 0.2000
MOLDTKPAC
Final Dividend - Rs. - 1.2500
NCLIND
Final Dividend - Rs. - 1.0000
PCJEWELLER
Dividend - Rs. - 3.3500
THEBYKE
Dividend - Rs. - 1.0000




Today's Key Result
9th Sept


Gspl ( 111 Cr -1% Yoy) 
National Allum (197 Cr +21% Yoy) 
Lanco Infra,National Fert, Sjvn, SOBHA Ltd, Timken Ind, Titagarh Wagon,Vascon Eng, Zee Media,Zuari Agro,Zuari Global 
Srcs-Cogencis Est Net 



Today's‎ Data Alert


Sep 09: TERM REPO: 14-day variable rate term repo for 190 bln rupees. Bids
to be submitted between 1100 and 1130 IST.

Sep 09: Index of Industrial Production for July, by CSO. 1730 IST





Today's Global Data



Sep 9: US July consumer credit data; 0030 IST

Sep 9: US foreign central bank holdings data; 0200 IST

Sep 9: US money stock measures data; 0200 IST

Sep 9: US Federal Reserve discount window borrowings data; 0200 IST

Sep 9: Japan July tertiary industry Index; 1000 IST

Sep 9: Germany July foreign trade data; 1130 IST

Sep 9: Germany July balance of payments data.

Sep 9: France July industrial production data; 1215 IST

Sep 9: UK July trade data; 1300 IST

Sep 9: Canada August Housing starts data; 1745 IST

Sep 9: US weekly export sales data; 1800 IST

Sep 9: US July monthly wholesale trade data; 1930 IST

Sep 9: Eurozone finance ministers meeting

Sep 9: European Union finance ministers meeting

Thursday, 8 September 2016

Economic Times


Business Standard

Ø  S Arabia said to weigh canceling $20 bn of projects

Ø  BHEL reports 54% surge in Q1 net; stock rallies 15%

Ø  India may get 5G with the rest of the world

Ø  ONGC net profit dips 21% in April-June quarter

Ø  Holding on to pvt banks but no fresh buy: Holland

Ø  China's state-owned banks cut thousands of jobs



Ø  GST April 1, 2017 deadline a stiff target: Arun Jaitley

Ø  NITI Aayog bats for strategic sale of 22 central PSUs

Ø  $2 bliion renewable energy fund goes in NIIF lap

Ø  CPEC projects worth $17 billion in advance stage of approval

Ø  IDFC Bank for acquisitions & fintech tie-ups to grow retail book

Ø  ICICI Pru Life gets Sebi nod for Rs 5,000-cr IPO

Business Line

Ø  DoT lobs RJio interconnection row into regulator’s court

Ø  Scaling up: Centre plans to double capacity of solar parks 

Ø  UBL management backs Mallya for continuing as Chairman

Ø  Ashok Leyland agrees to part ways with Nissan

Ø  SEBI fixes daily price limit for non-agricultural commodities

Ø  Nabard to provide funds toCentre for irrigation projects 

Mint

Ø  India to push for WTO trade facilitation deal in services

Ø  Tata Advanced Materials wins contract from Boeing

Ø  IOC to send fuel consignment for Tripura via Bangladesh on 9 September

Ø  Yes Bank set to launch biggest QIP of 2016

Ø  SpiceJet Q1 net profit more than doubles to Rs149 crore

Financial Express               

Ø  India among priority nations in UK's post-Brexit trade agenda

Ø  Sensex closes 52 points down at 28,926, Nifty settles at 8,922; SpiceJet, BHEL soar

Ø  Motherson Sumi Systems acquires auto business unit of Abraham and Co



Financial Chronicle

Ø  India to focus reforms on tax, banks, infrastructure: Arun Jaitley

Ø  India expects $6b investment in airports sector

Ø  Fed says US economy in good shape, wants rate hike

Ø  Parag MF to hold AGM Buffett-style

Ø  FTA negotiations with India complicated: Australia

Ø  STFC targets to double AUM in next five years

Ø  Enbridge buying Spectra in $28 billion deal

Market Update


Sgx Nifty +1 pts
‎Dow -11.98 pts ,Nsdq +8.02 , S&P -0.32 pts‎, Bovespa Clsd , Ftse +20 pts , Dax +65 pts  , Cac +27 pts , Nikkei  -34 pts  now, Crude @ $46.13 brl (+0.63), Brent @ $47.98 brl (+0.72) , Gold @ $1349.80 (+0.60), Silver @ $19.89 (+0.03), Euro @ $1.1240, JPY @ $101.7500, INR @ $66.3675



Today's Corporate Action
8th  Ex Date


ATULAUTO
Final Dividend - Rs. - 2.5000
BAJFINANCE
Bonus issue 1:1
BAJFINANCE
Stock  Split From Rs.10/- to Rs.2/-
COALINDIA
Buy Back of Shares 
CYIENT
Special Dividend - Rs. - 2.5000
EMMBI
Dividend - Rs. - 0.5000
ESCORTS
Dividend - Rs. - 1.2000
GAIL
Final Dividend - Rs. - 3.0000
GUJHOTE
Dividend - Rs. - 3.5000
HIMATSEIDE
Final Dividend - Rs. - 1.5000
INDUSFINL
Dividend - Rs. - 0.4000
KOLTEPATIL
Final Dividend - Rs. - 1.5000
MANALIPE
Dividend - Rs. - 0.5000
MANGLMCEM
Dividend - Rs. - 0.5000
MAZDALTD
Dividend - Rs. - 6.6000
MISHTANN 
Stock  Split From Rs.10/- to Rs.1/-
NAGAAGRI
Final Dividend - Rs. - 0.1000
NAHARCAP
Dividend - Rs. - 1.5000
NAHARSPING
Dividend - Rs. - 1.5000
NBCC
Dividend - Rs. - 2.0000
NHPC
Final Dividend - Rs. - 0.5800
NTPC
Final Dividend - Rs. - 1.7500
PNBGILTS
Dividend - Rs. - 1.1000
POKARNA
Dividend - Rs. - 3.0000
POKARNA
Special Dividend - Rs. - 7.0000
PONDYOXIDE
Dividend - Rs. - 2.0000
POWERGRID
Final Dividend - Rs. - 1.5100
SICAGEN
Dividend - Rs. - 0.6000
SUNPHARMA
Dividend - Rs. - 1.0000
TIPSINDLTD
Dividend - Rs. - 1.0000
UGARSUGAR
Dividend - Rs. - 0.2500
ULTRACAB
Bonus issue 1:2
WIMPLAST
Bonus issue 1:1


Today's Key Result
8th Sept


Jspl(-488 Cr) 
Sail (-115 Cr) 
Cimmco,Eros Int, Essar Shipping, Fintech, Guj Fluoro, Hindustan Comp,Nagarjuna Fert, Puravankara Proj, Seamec, Shree Rama News,Tv Today, Venky's Ind, West Coast Paper 
Srcs-Cogencis Est Net 


Today's Global Data


Sep 8: US API crude stocks data for week ended Sep 2; 0200 IST

Sep 8: UK August RICS housing prices data; 0431 IST

Sep 8: UK August Markit/REC jobs data; 0431 IST

Sep 8: Japan July balance of payments; 0520 IST

Sep 8: Japan Apr-Jun external debt data; 0520 IST

Sep 8: Japan August bank lending data; 0520 IST

Sep 8: Japan Apr-Jun gross domestic product second estimates; 0520 IST

Sep 8: Japan August corporate insolvencies data; 1000 IST

Sep 8: Germany Apr-Jun labour cost index; 1130 IST

Sep 8: France July OECD Composite leading indicators; 1530 IST

Sep 8: European Central Bank interest rate announcement; 1715 IST

Sep 8: US unemployment insurance claims data for week ended Sep 3; 1800 IST

Sep 8: US Bloomberg consumer comfort index; 1915 IST

Sep 8: US Apr-Jun services data; 1930 IST

Sep 8: US EIA natural gas storage data for week ended Sep 2; 2000 IST

Sep 8: UK Chancellor Philip Hammond to appear before Lords Economic Affairs Committee; 2005 IST

Sep 8: US EIA crude oil stocks data for week ended Sep 2; 2030 IST

Wednesday, 7 September 2016

GAIL Q1



Net Profit At Rs 1,335.2 Cr Vs CNBC-TV18 Poll Of Rs 802 Cr 

Total Income At Rs 10,851.8 Cr Vs CNBC-TV18 Poll Of Rs 12,152 Cr 

EBITDA At Rs 1,593.2 Cr Vs CNBC-TV18 Poll Of Rs 1,457 Cr

ONGC Q1



Net Profit At Rs 4,232.5 Cr

Total Income At Rs 17,784.8 Cr Vs CNBC-TV18 Poll Of Rs 23,636 Cr

EBITDA At Rs 8,484.5 Cr Vs CNBC-TV18 Poll Of Rs 8,164 Cr

BHEL Q1



Net Profit At Rs.77.7 Cr

Total Income At Rs.5,622 Cr Vs CNBC-TV18 Poll Of Rs.4,630 Cr
CALL OF 02/09/2016 FRIDAY

@ 10:08

Buy Bank of India ltp 114 

sl 108 

trgt 123 ++

TRGT HIT 

NIFTY BANK VIEW:

Nifty bank (20426)

Nifty bank is heading towards its all time high 
Yesterday it showed nearly 20500 with a high of 20459

It can show 20500..700.900 soon

Support zone lies around 20000..19000
NIFTY VIEW:

Nifty 50 (8943)

Nifty as mentioned earlier can show 9000 very soon it is heading towards it. 

8950..8980..9010 can act as resistance and nifty can cool from there to again its nearest support levels 8900..8860. 

If crosses the resistance zone on closing basis it can show new high soon 

9280..9300.

Business Standard



Ø  SUUTI stake sale: Govt eases rules for bankers

Ø  'India will soon be zero petroleum import country'

Ø  SBI raises Rs 2,100 crore through perpetual bonds

Ø  BSE asks brokers to submit digital signatures

Ø  Niti Aayog working on second list of PSU divestment

Ø  Rupee hits near 4-month peak of 66.52 as dollar crumbles

Ø  Govt includes net broadcasting under Copyright Act



Ø  Power ministry to retire 6,000-Mw thermal capacity

Ø  Share of gas in India's fuel basket is set to zoom to 15%

Ø  BSE to file IPO draft prospectus this week

Ø  37% districts short of rain despite 'normal' monsoon

Ø  Asia needs $7.7 trillion to meet climate change goal: Study

Ø  Glenmark discovers new biologic drug for cancer treatment

Ø  Personal loan delinquencies lower than home loans: Equifax

Business Line

Ø  Jindal Steel to supply head- hardened rails for high-speed, metro projects

Ø  Bayer shareholder says opposes new Monsanto takeover terms 

Ø  Poultry imports: US refuses to drop $450-m compensation demand 

Ø  MRPL targets Sept 2019 for BS6 switchover

Ø  India, Chile expand preferential trading pact to boost economic ties

Ø  Lupin gets tentative nod from USFDA for Silodosin capsules 

Mint

Ø  Vedanta shareholders approve merger with Cairn

Ø  Low US and global growth boosts equities

Ø  Lanco, Dabhol bag half of gas in e-auction by power ministry

Ø  Tata Motors bags order for 5,000 buses

Ø  BSNL to cut tariffs to match Reliance Jio challenge

Ø  US’s inconsistent stand undermines global trade rules, India tells WTO

Financial Express               

Ø  Sensex ends at 18-month high on global cues, strong rupee

Ø  Analysts warn of 'difficult' FY17 for IT sector

Ø  NABARD to raise Rs 77,000 crore to fund irrigation projects

Ø  Govt bonds receive bids worth USD 1.12 bn from FPIs

Ø  Six firms show interest in levitation-based train system

Ø  Karachi Chamber of Commerce cancels Indian envoy's event



Financial Chronicle

Ø  G20 a success for China, but hard issues avoided

Ø  ESIC raises wage threshold to Rs 21,000

Ø  States on board for scrapping plan, non-plan budgeting

Ø  Ramco bags order for aviation software

Ø  MFIs see 29% rise in loan disbursements in Q1

Ø  Gold steady as Sept Fed rate hike views cool

Tuesday, 6 September 2016

CALL OF 02/09/2016 FRIDAY

@ 09:26

Buy Bank Nifty ltp 19932 

sl 19780 

trgt 20060

TRGT HIT
CALL OF 31/08/2016 WEDNESDAY

@ 09:21

Buy Maruti ltp 5105 

sl 5040 

trgt 5264

TRGT HIT
CALL OF 31/08/2016 WEDNESDAY

@ 10:35

Buy Tata Motors ltp 544 

sl 530 

trgt 566

TRGT HIT
NIFTY BANK VIEW:

Nifty bank (19883)

Nifty Bank also like nifty can show 20500..700..900 levels soon above 19940 

All dips can be used as buying opportunity upto 19200.

Closing below 19000 can show selling pressure.
NIFTY VIEW:

Nifty 50 (8809)

Nifty  has given a breakout after long  consolidation from the range of 8470..8840 and now it can show 9000 levels very soon this week,if maintains above 8800..8830 zone 

Any dip can be buying opportunity of support levels like 8780/8700/8650

Sl 8600 on closing basis 

Close below 8500 can bring selling pressure.

Market Update


Sgx Nifty +69 pts (8909 ) (Nifty Fut 8840)
‎US Mkt Clsd‎, Bovespa -50 pts , Ftse -15 pts , Dax -11 pts  , Cac -1 pts , Nikkei  +13 pts  now, Crude @ $45.05 brl (+0.61), Brent @ $47.63 brl (+0.83) , Gold @ $1331.90 (+5.20), Silver @ $19.65 (+0.28), Euro @ $1.1148, JPY @ $103.5000, INR @ $66.8250



Today's Corporate Action
6th  Ex Date



BLISSGVS
Dividend - Rs. - 0.5000
CHEMBOND
Stock  Split From Rs.10/- to Rs.5/-
CHEMBOND
Sub Division of Equity shares 
DATAMATICS
Dividend - Rs. - 0.2500
HINDALCO
Final Dividend - Rs. - 1.0000
INDSILHYD
Dividend - Rs. - 0.6000
JKPAPER
Dividend - Rs. - 0.5000
KUANTUM
Dividend - Rs. - 1.0000
ORIENTBELL
Final Dividend - Rs. - 0.5000
SANDUMA
Dividend - Rs. - 3.0000
SUMEDHA
Dividend - Rs. - 0.5000
TECHNO
Bonus issue 1:1







Today's Key Result
6th Sept


Oil Ind ( 519 Cr -33% Yoy) 
Chennai Petro, Electrosteel Casting,Kolte Patil Dev,Nitin Fire
Srcs-Cogencis Est Net

Economic Times

  
Business Standard

Ø   Tatas seek to set aside London court order

Ø  Urjit Patel assumes charge as new RBI Governor 

Ø  Services growth hits 3-1/2 year high: PMI

Ø  Jio's rates will compel Airtel, Voda to cut call costs

Ø  'India going to be a ‘top 3’ economy in 10 years'

Ø  UK policy may negatively impact Indians: Modi to May

Ø  Vedanta to invest Rs 3K cr to double copper capacity



Ø  Big groups refuse to burn cash, go slow on e-commerce

Ø  New date for Budget only after Acharya panel inputs

Ø  G20 determined to combat 'populist backlash' on trade: IMF

Ø  SIT on black money asks RBI to share info

Ø  Price overcharge: One-time settlement likely for pharma firms

Ø  Airtel could lose revenue, but may withstand Jio: S&P

Ø  Sebi seeks major changes to new KYC process

Business Line

Ø  Raghuram Rajan warns against low rates worldwide

Ø  Asia shares up as US jobs report lowers chance of Fed Sept hike

Ø  Petronet LNG net up 55% at Rs. 377 cr in June quarter

Ø  Online system to check graft in central PSUs 

Ø  MRPL profit jumps 77% in Q1

Ø  Overseas roadshows for NMDC share sale begin on Monday

Mint

Ø  UTI AMC may put Rs2,000 crore stake on sale

Ø  Sebi approves PepsiCo bottler Varun Beverages' Rs1,000 cr IPO

Ø  SoftBank faces Moody’s downgrade rating over $120 billion debt

Ø  PropTiger buys property transaction data provider PropRates

Ø  China agrees on steps toward reducing steel exports

Financial Express               

Ø  Azim Premji meets Nirmala Sitharaman, discusses US visa fee hike

Ø  Bangladesh foreign exchange reserves hit record, top $31 bln

Ø  Domestic tourism expected to attract Rs 50,000 crore investment



Financial Chronicle

Ø  Eliminate safe havens, ensure extradition: PM

Ø  Uniper, IPCL join hands to spur power plants' efficacy

Ø  Primary, secondary markets move in opposite directions

Ø  India may add 4.8 gw solar power capacity this year

Ø  States await Rs 24K cr bounty from excise on oil

Friday, 2 September 2016

Market Update


Sgx Nifty -17 pts
‎Dow +18.42 pts ,Nsdq +13.99 pts , S&P -0.09 pts ‎, Bovespa +335 pts , Ftse -35 pts , Dax -58 pts  , Cac +1 pts , Nikkei  -17 pts  now, Crude @ $43.57 brl (+0.41), Brent @ $45.45 brl (-1.44) , Gold @ $1317.50 (+0.40), Silver @ $18.98 (+0.03), Euro @ $1.1194, JPY @ $103.2900, INR @ $66.9588



Today's Corporate Action
2nd  Ex Date


BOSCHLTD
Buy Back of Shares 
CONCOR
Final Dividend - Rs. - 5.5000
IOC
Final Dividend - Rs. - 8.5000
JAYAGROGN
Dividend - Rs. - 2.5000
JAYAGROGN
Special Dividend - Rs. - 1.2500
KEMP
Final Dividend - Rs. - 0.5000
LOYALTEX
Final Dividend - Rs. - 10.0000
OMAXAUTO
Final Dividend - Rs. - 1.0000
ONMOBILE
Dividend - Rs. - 1.5000
SHHARICH
Dividend - Rs. - 1.0000
UFO
Final Dividend - Rs. - 3.0000




Today's Key Result
2nd Sept


Alstom Ind,Gol Offshore,Inox Wind,Jkil,Mangalore Chem, MEP Infra, Noida Toll, Peninsula land, Technocraft
Srcs-Cogencis Est Net 




Today's Global Data


Sep 2: German Chancellor Merkel to meet European Commission President
Juncker, French President Hollande

Sep 2: US August domestic auto industry sales; 0130 IST

Sep 2: US federal discount window borrowings; 0200 IST

Sep 2: US money stock measures; 0200 IST

Sep 2: US foreign central bank holdings; 0200 IST

Sep 2: Japan August monetary base; 0520 IST

Sep 2: Japan August consumer confidence survey; 1030 IST

Sep 2: UK August CIPS/Markit construction purchasing managers' index; 1400
IST

Sep 2: Bank of England Apr-Jun external business statistics; 1400 IST

Sep 2: European Union July producer price index; 1430 IST

Sep 2: US July international trade in goods, services; 1800 IST

Sep 2: US August employment report; 1800 IST

Sep 2: US August ISM-NY business report; 1915 IST

Sep 2: US July manufacturers' shipments, inventories, orders; 1930 IST

Sep 2: Federal Reserve Bank of Richmond President Lacker to speak; 2230 IST

Economic Times


Business Standard

Ø  Ambani ushers in telecom revolution with Jio 

Ø  RIL wants to “dominate” highway fuel retail market

Ø   Mukesh Ambani urges incumbent telcos to play fair

Ø  Delhi may see 445 MW of power supply shortage

Ø  21 lakh solar certificates remain unsold

Ø  'Independent valuations must before sale of bad loan'

Ø  RIL not to withdraw arbitration against govt: Ambani



Ø  FRBM panel may advise govt against fiscal deficit range

Ø  Maruti Suzuki sales rise 12.2% in August

Ø  Jio may impact profitability of existing operators, say analysts

Ø  RBI widens the market for sale of stressed assets

Ø  LIC would have been most valuable co in India, if listed: FM

Ø  Nestle to buy medical device company Phagenesis in stages

Ø  Piramal Fund Management lends Rs 2,320 cr to Lodha Group

Business Line

Ø  RIL to double cracker capacity at Jamnagar refinery

Ø  Mahindra auto sales jump 14% to 40,591 units in August

Ø  Mukesh Ambani announces Rs. 5,000 crore start up fund

Ø  Rubber Board urges growers not to scale down production

Ø  HDFC to raise up to Rs. 1,000 cr via rupee denominated bonds

Ø  DRL rolls out patient-centric Purple Health initiative

Mint

Ø  Strike by 10 trade unions to hit banking, transport on Friday

Ø  NTPC to cut power supply to BSES discoms in Delhi from Sunday

Ø  HSBC sees $13 billion of RBI buying burnishing Asia’s best bonds

Ø  GM recalls 22,000 units of Chevrolet Cruze in India over engine stall

Ø  Reliance Jio launch erodes Bharti Airtel, Idea market value

Financial Express               

Ø  LIC declares one-time bonus in Diamond Jubilee year

Ø  L&T Technology Services' Rs 900 crore IPO to open on Sep 12

Ø  CCI penalty on cement players credit neutral: India Ratings

Ø  Investors to choose startups for funding in reality show

Ø  Dropbox says 68 million user IDs stolen



Financial Chronicle

Ø Manufacturing growth at 13-month high in August

Ø  Malware attacks on banking, social sites likely to rise

Ø Requirement of 50% states ratifying GST bill complete

Ø  India will be fully insured with economic growth: FM

Ø  Subsidised LPG rate hiked by Rs 2 per cylinder

Ø  Cabinet clears Rs 500 cr fund for South East Asia

Thursday, 1 September 2016

CALL OF 01/09/2016 THURSDAY

@ 01:24

Buy Nifty ltp 8834 

sl 8800 

trgt 8872/8888

SL HIT
CALL OF 01/09/2016 THURSDAY

@ 12:35

Buy Reliance ltp 1063 

sl 1053 

trģt 1076/88

SL HIT
CALL OF 26/08/2016 FRIDAY

@ 09:22

Buy Enginersin ltp 264 

sl 258 

trgt 273

TRGT HIT
CALL OF 29/08/2016 MONDAY

@ 10:31

Buy Amar Raja battery ltp 916 

Can add qty if cools down to 898

sl 880 

trgt 980

TRGT HIT

Market Update


Sgx Nifty -14 pts
‎Dow -53.42 pts ,Nsdq -9.77 pts , S&P -5.17 pts ‎, Bovespa -674 pts , Ftse -39 pts , Dax -64 pts  , Cac -19 pts , Nikkei  +8 pts  now, Crude @ $44.85 brl (+0.15), Brent @ $47.04 brl (-1.37) , Gold @ $1311.70 (+0.30), Silver @ $18.77 (+0.06), Euro @ $1.1158, JPY @ $103.3300, INR @ $66.9637



Today's Corporate Action
1st  Ex Date


ADIFINCHM
Dividend - Rs. - 2.5000
ARFIN
Dividend - Rs. - 1.5000
AROGRANITE
Dividend - Rs. - 1.0000
BANCOINDIA
Final Dividend - Rs. - 4.0000
CHAMBLFERT
Dividend - Rs. - 1.9000
COMFINCAP
Dividend - Rs. - 0.2000
ELECTCAST
Dividend - Rs. - 0.5000
FOODSIN
Dividend - Rs. - 2.5000
GSFC
Dividend - Rs. - 2.2000
HMVL
Dividend - Rs. - 1.2000
JK AGRI
Dividend - Rs. - 3.0000
KANCHI
Dividend - Rs. - 1.5000
NBVENTURES
Bonus issue 1:1
PDMJEPAPER
Dividend - Rs. - 0.1000
PDUMJEPULP
Dividend - Rs. - 0.2000
PREMCO
Dividend - Rs. - 0.5000
RPPINFRA
Dividend - Rs. - 0.5000
SIKA
Dividend - Rs. - 0.8000
SURYAROSNI
Dividend - Rs. - 1.0000
TALWALKARS
Dividend - Rs. - 1.5000




Today's Key Result
1st Sept


Apollo Hosp,( 79 Cr -12% Yoy) 
Allied Digital,Bilt, Bimetal Bearing, Essel Propack,Kalindee Rail
Srcs-Cogencis Est Net 



Today's Data Alert


Sep 01: Nikkei Manufacturing PMI for August, by IHS Markit. 1030 IST.



Today's Global Data



Sep 1: US August agricultural prices; 0030 IST

Sep 1: US portfolio holdings of foreign securities-preliminary results; 0130
IST

Sep 1: Japan Apr-Jun financial statements statistics of corporations; 0520
IST

Sep 1: Japan August manufacturing purchasing managers' index; 0600 IST

Sep 1: Japan August auto sales; 1030 IST

Sep 1: Germany August manufacturing purchasing managers' index; 1325 IST

Sep 1: European Union August manufacturing purchasing managers' index; 1330
IST

Sep 1: UK August CIPS/Markit manufacturing purchasing managers' index; 1400
IST

Sep 1: Bank of England Apr-Jun funding for lending scheme data; 1400 IST

Sep 1: US August Challenger job-cut report; 1700 IST

Sep 1: US weekly export sales; 1800 IST

Sep 1: US Apr-Jun revised productivity, costs; 1800 IST

Sep 1: US unemployment insurance claims report for week ended Aug 27; 1800
IST

Sep 1: US Aug manufacturing purchasing managers' index; 1915 IST

Sep 1: US July construction spending; 1930 IST

Sep 1: US August ISM manufacturing report on business; 1930 IST

Sep 1: US EIA natural gas storage report for week ended Aug 26; 2000 IST

Sep 1: US August retail chain store sales index; 2130 IST

Economic Times



·         Need for speed: A new front in Bharti Airtel-Rel Jio battle

·         Wells Fargo, Amazon end deal to offer discounted student loans

·         Automakers all charged up over tax sops, clean air

·         Samsung unveils bigger Gear S3 smartwatches

·         Novartis to disband cell and gene therapy unit, 120 jobs to go

·         Aviation Min may adopt Rls’ model to beat higher fares during festival

·         Hindustan Unilever reduces organisational layers for quick decision making

·         India powers past 6,000MW mark in nuclear energy

·         India, US set the ball rolling for Westinghouse’s nuclear plants

·         Air India & SpiceJet may be 1st to fly to smaller towns

·         PE funds like Blackstone, GIC and others in talks for 25% stake in Lemon Tree

·         Apis Partner, ICICI Ventures buys minority stake in Star Health Insurance

·         Techprocess Payments Services aims to up government transactions to Rs 100 crore a day

·         MOIL to double manganese ore production to 2 MT by 2020-21

·         Zee Entertainment sells Ten sports to Sony Pictures for Rs 2,600 crore

·         Bangladesh HC approves Robi-Airtel merger

·         Airtel rolls out LTE-A in Mumbai, plans in other cities too to offer up to 135 Mbps speed

·         Micromax to revive Yu brand to take on Chinese smartphone makers like Vivo, Oppo and others



Business Line

·         Auto sector seeks ‘undisturbed’ policy roadmap, single ministry

·         Will take action on ONGC-RIL gas migration dispute by month-end: Pradhan

·         Cox & Kings is cautiously optimistic about Europe business

·         Hero MotoCorp hopeful of double-digit growth this fiscal

·         Shah panel confirms gas migration from ONGC block to RIL field

·         Tata Power in pact with JJV



Mint

·         Shah panel indicts RIL in KG basin case

·         Zee’s TEN Sports sale: good riddance to the white elephant

·         Singur case: Supreme Court declares land acquisition for Tata plant illegal

·         India's GDP grows at 7.1% in Q1 FY17, slowest pace in six quarters

·         PE firm Gaja Capital begins talks to exit John Distilleries

·         Vishal Sikka unhappy with pace of innovation at Infosys

·         RBL Bank makes stellar debut; market cap crosses Rs11,000 crore

·         Ananya Birla to launch luxury venture Curocarte.com in September

·         Dalmia’s diagnostics chain to compete with 1mg, Practo



Business Standard

·         CCI slaps Rs 6,700-crore fine on 11 cement firms

·         SC quashes Singur land buy for Tata Motors' Nano plant

·         Infy clinched $2.9-bn new deals in past four quarters

·         Shah panel says RIL must pay penalty to govt

·         NPCI launches Bharat Bill Payment System pilot project

·         HDFC to raise upto Rs 500 crore via rupee denominated bonds

·         Tata Power to make Javelin missile with Lockheed Martin JV