Thursday, 10 November 2016

City Union Bank Q2


Net Profit at Rs 124 Cr Vs Rs 108 Cr YoY

Gross NPA at 2.69% Vs 2.62% QoQ

Net NPA at 1.63% Vs 1.59% QoQ

Provisions at Rs 67 Cr Vs  Rs 49.8 Cr YoY

Market Update


Sgx Nifty +60 pts
‎Dow +256.95 pts ,Nsdq +57.A59 , S&P +23.70 pts‎, Bovespa -899 pts , Ftse +68 pts , Dax +163 pts  , Cac +66 pts , Nikkei  +927 pts now , Crude @ $45.33 brl (+0.06), Brent @ $46.36 brl (+0.32) , Gold @ $1278.90 (+5.40), Silver @ $18.44 (+0.06), Euro @ $1.0916, JPY @ $105.8900, INR @ $66.4350



Today's Corporate Action
10th Nov  Ex Date


‎
GULPOLY
Interim Dividend - Rs. - 2.0000
INANI
Stock  Split From Rs.10/- to Rs.2/-
INDAG
Interim Dividend - Rs. - 0.9000
NILKAMAL
Interim Dividend - Rs. - 4.0000
STRTECH
Interim Dividend - Rs. - 0.5000
SUNCLAYLTD
Interim Dividend - Rs. - 15.0000
SUNDRMFAST
Interim Dividend - Rs. - 1.7000
TCI
Interim Dividend - Rs. - 0.6000




Today's Key Result
10th Nov



SUN PHARMA
PAGE INDUSTRIES 
TATA CHEMICALS
AB NUVO
PFC
WOCKHARDT
Balmer Lawrie
BASF
BF Utilities 
Blue Star 
CUB
Finolex Cables
GDL
GNFC
Igarashi Motors
La Opala
Lux Industries
Manappuram Fin
Motherson Sumi
Phillips Carbon
Reliance Defence 
Thermax 






Today's Global Data



Nov 10: US World Trade Organization's Director-General Roberto Azevedo participates in UN system Chief Executives meeting;

Nov 10: US Federal Reserve Bank of Minneapolis President Kashkari to speak at the Eau Claire Chamber of Commerce Economic Outlook Luncheon; 0000 IST

Nov 10: Japan September Machinery orders received data; 0500 IST

Nov 10: Japan October Money stock, broadly-defined liquidity data; 0050 IST

Nov 10: Bank of Japan's summary of opinions report; 0500 IST

Nov 10: UK October Royal Institution of Chartered Surveyors' residential
market  survey house prices data; 0531 IST
‎
Nov 10: Japan October Preliminary machine tool orders data; 1130 IST

Nov 10: UK Quarter 3 Mortgage and landlord possession statistics; 1500 IST

Nov 10: UK Quarter 3 Council of mortgage lenders' quarterly arrears and repossessions data; 1500 IST

Nov 10: Germany Quarter 4 IFO world economic climate data; 1530 IST

Nov 10: US weekly export sales data; 1900 IST

Nov 10: US Unemployment insurance weekly claims report for week ended Nov 4  1900 IST

Nov 10: US International Monetary Fund's press briefing with communication department Director Gerry Rice; 2000 IST

Nov 10: US Bloomberg's consumer comfort index data; 2015 IST

Nov 10: US Energy Information Administration's natural gas storage
Report for week ended Nov 4; 2100 IST

Wednesday, 9 November 2016

NIFTY VIEW:

Market has turned around tomorrow above 8500 again.

If maintains and crosses above 8550 the uptrend resumes.

Today's fall was only based on news.

Apollo Tyres Q2



Cons Profit At Rs 260 Cr Vs CNBC-TV18 Poll Of Rs 267.5 Cr, 

Cons Income At Rs 3,312 Cr Poll Of Rs 3,270 Cr

REC Q2


Profit At Rs1,751.3 Cr Vs CNBC-TV18 Poll Of Rs1392.3 Cr, 

NII At Rs2,330.4 Cr Vs CNBC-TV18 Poll Of `2,367.3 Cr

Other Income At Rs151.7 Cr Vs Rs31.4 Cr (YoY),

Karnataka Bank Q2



Net Profit at Rs 124 Cr Vs Rs 102 Cr YoY

Gross NPA at 3.64% Vs 3.92% QoQ

Net NPA at 2.63% Vs 2.61% QoQ

Provisions at Rs 131 Cr Vs Rs 35 Cr YoY

Lupin Q2



Net Profit Rs 662 Cr, 

Total Income At Rs 4,290 Cr Vs CNBC-TV18 Poll Of Rs 4,938.1 Cr

Market Update


Sgx Nifty -268 pts
‎Dow +73.14 pts ,Nsdq +27.32 , S&P +8.04 pts‎, Bovespa +106 pts , Ftse +36 pts , Dax +25 pts  , Cac +15 pts , Nikkei  -37 pts now , Crude @ $44.89 brl (-0.09), Brent @ $46.04 brl (-0.11) , Gold @ $1273.90 (-0.60), Silver @ $18.33 (-0.02), Euro @ $1.1017, JPY @ $105.0500, INR @ $66.6225

Today's Corporate Action
9th Nov  Ex Date


HARITASEAT
Interim Dividend - Rs. - 2.0000
SONATSOFTW
Interim Dividend - Rs. - 3.5000

Today's Key Result
9th Nov

LUPIN
CIPLA
BOSCH
Apollo Tyres
Accelya Kale
Edelweiss 
Eveready Ind
Godrej Prop
Honeywell Autom
Indian Bank
ITD Cementation 
Jk Tyres
J&K Bank
Karnataka Bank
Kesoram 
L&T Infotech
Max India
Narayan Hruday
NCC
Pidilite Ind
Powergrid Corp
Punjab & Sind Bank
REC
Snowman Logistics 
Ujjivan Financial 
UCO Bank
Voltamp Trans
Zandu Realty

Today's Data Alert

Nov 9: Julius Baer Group-India MD Atul Singh and MD-Middle East Diego
Wurgler to be present at launch of Julius Baer-Asia Wealth Report. 1200 IST, Mumbai

Today's Global Data

Nov 9: US API weekly statistical bulletin for week ended Nov 4; 0300 IST

Nov 9: Japan October Provisional trade statistics for 1st 20 days of the
 month; 0520 IST

Nov 9: Japan October International transactions in securities data; 0520 IST

Nov 9: Japan October Bank lending data; 0520 IST

Nov 9: Japan September Balance of payments data; 0520 IST

Nov 9: Japan October Corporate insolvencies data; 1000 IST

Nov 9: Japan October Economy watchers survey data; 1030 IST

Nov 9: UK September trade data; 1500 IST

Nov 9: UK November Agents' summary of business conditions
data; 1500 IST

Nov 9: US mortgage bankers association's mortgage applications  survey for week ended Nov 4; 1730 IST

Nov 9: US September Monthly wholesale trade data; 2030 IST

Nov 9: US Energy Information Administration's Petroleum   status report for week ended Nov 4; 2100 IST

Nov 9: US World agricultural supply and demand estimates data; 2230 IST

Nov 9: US presidential election result

Nov 9: Eurozone autumn economic forecasts

Economic Times



Business Standard
Ø  PM declares Rs 500, 1000 notes to be invalid 
Ø  Note ban: Sebi beefs up risk management systems
Ø  Banks to remain closed tomorrow, ATMs won't function
Ø  Card data breach on account of 3rd party: Banks
Ø  PFRDA asks PAC to study relaxing 40 pc annuity rule
Ø  Foreign lenders question Ruia motive to pay back
Ø  NBCC starts biggest land monetisation drive

Ø  US Election Live: Trump wins Indiana, Kentucky; Clinton wins Vermont
Ø  Indian pharma majors to launch generic of $4 bn antidepressant
Ø  86% of currency by value in India are of Rs 500 & Rs 1,000 denominations
Ø  India, UK seek stronger trade ties, post Brexit
Ø  Retail inflation to soften further, October CPI seen at 4.1%: Report
Ø  Centre plans to allow 100% FDI in e-commerce, with Make in India rider
Business Line

Mint
Ø  GST portal goes live, GSTN software almost ready: Chairman
Ø  Ashok Leyland Q2 net profit jumps 71% to Rs. 294.41 cr
Ø  Adani inaugurates 100 MW solar plant in Bhatinda
Ø  Revised estimates put soyabean output higher, at 114.9 lakh tonnes 
Ø  IndiGo's net profit jumps 24% to Rs. 140 cr in Sept quarter
Ø  India’s gold demand drops 28% in Q3: WGC

Ø  SoftBank Group writes down $555 million in Ola, Snapdeal investments
Ø  Dubai signs deal to evaluate world’s first hyperloop transport system
Ø  PNB may quit IBA-wage packages, plans own salary structure
Ø  Hindalco said to consider $500 million share sale amid rally
Ø  Varun Beverages shares close 3.8% higher than issue price in stock market debut
Financial Express

Financial Chronicle
Ø  Ford to invest Rs 1,300 cr in new tech & biz hub in India
Ø  Tata’s return tarnishes aura of India’s legendary dynasty
Ø  BSE Sensex ends over 95 points down at 27,430.28, NSE Nifty settles at 8,484.95
Ø  Rs 50 crore Oil India Limited StartUp fund for new ideas in oil & gas sector

Ø  Ford to invest Rs 1,300 cr in tech & biz hub in India
Ø  GMR inks deal with Goa govt to develop Mopa airport
Ø  President calls for policy interventions to boost exports
Ø  SAARC satellite to be launched in March next year: ISRO
Ø  Govt to push reforms to woo investment, plug infra deficit: FM
(Click on link to view article)

Tuesday, 8 November 2016

Mcleod Russel Q2


Net Profit At Rs 132 Cr Vs Rs 116 Cr YoY

Total Income Down 13.3% At Rs 443 Cr;

EBITDA Margin At 37.5% Vs 37.6%

Net Sales At Rs 435 Cr Vs Rs 502 Cr YoY

EBITDA Margin At 38.3% Vs 38.4% YoY

BHEL Q2



Net Profit At Rs 110 Cr Vs Loss Of Rs 180 Cr YoY

Net Sales At Rs 6550 Cr Vs  Rs 5840 Cr YoY

Revenue At Rs6,664 Cr Vs CNBC-TV18 Poll Of Rs6,379 Cr

EBITDA At Rs155 Cr Vs CNBC-TV18 Poll Of Rs95 Cr

Outstanding Orderbook Position At Rs1.03 Lakh Cr As On Sep 30

Bharat Forge Q2



Net Profit At Rs 127 Cr

Total Income At Rs 936 Cr

Ashok Leyland Q2



Net Profit Up 71% At Rs 294 Cr  Vs Rs 172 Cr YoY

Total Income At Rs 4,911 Cr Vs Rs 5,274 Cr YoY

Revenue Down 6.9% At Rs 4,911 Cr;

EBITDA Down 14% At 536.5 Cr

Business Standard



Ø  Tata-Mistry feud: Cos may suffer debt blow if Tata guarantees expire

Ø  'UK eager to have free trade agreement with India'

Ø  Indian cos eyeing to raise money through masala bonds

Ø  UK wants India to speed up Vodafone, Cairn arbitration

Ø  'Clinton win may pose pricing challenges for pharma'

Ø  Hotel Industry warns tourism will suffer at 18% GST  

Ø  4G expansion to take tower cos to new heights

Ø  Barack Obama leaves behind a legacy & debt burden

Ø  3 Tata directors hired minutes before AGM

Ø  Rural economy to be 2017-18 Budget's highlight

Ø  $1.55 bn penalty sought from RIL exaggerated, say analysts

Ø  Theresa May visit: India, UK to sign over Rs 8,300 crore business deals

Ø  Cabinet to take final call on listing of PSU insurers this month

Ø  ICICI Bank Q2 net up 2.37% at Rs 3,102 crore
Business Line

Mint

Ø  Cognizant Q3 net up 12% at $444.4 mn

Ø  MCX aluminium hovers at crucial resistance

Ø  Nifty 50 futures listed on Taiwan Futures Exchange

Ø  Britannia Q2 consolidated net up 5.80% at Rs 234 cr

Ø  4% price fluctuation limit in pepper futures irks traders 

Ø  Defence Ministry approves new blacklising policy

Ø  Rupee closes marginally lower against US dollar

Ø  Cairn-ONGC deal: Delhi HC gives Centre one last chance

Ø  Cognizant finds ‘improper payments' of $5 mn made in India

Ø  United Bank of India’s Q2 net profit falls 30% to Rs43.53 crore on bad loans

Ø  Cyrus Mistry said to have proposed doubling dividend to Tata’s owners

Financial Express


Financial Chronicle

Ø  BSE Sensex ends over 95 points down at 27,430.28, NSE Nifty settles at 8,484.95

Ø  Delhi High Court asks Hotel Leela Venture to pay Rs 258 crore royalty to AAI

Ø  India hopes early extradition of Vijay Mallya after May-Modi talks

Ø  Farmers stage protest at WHO tobacco conference venue

Ø  Central govt may opt for fiscal deficit band

Ø  Gold falls most in a month as FBI's late twist favours Clinton

Ø  Future Group signs pact to acquire Heritage Foods biz

Ø  Foreign investors seek speedy resolution of Tata-Mistry feud

Ø  High imported coal price may hit power sector

Ø  Britain's exit from EU a 'positive' for India: Sunil Mittal

Market Update


Sgx Nifty +46 pts
‎Dow +371.32 pts ,Nsdq +119.80 , S&P +46.34 pts‎, Bovespa +2450 pts , Ftse +113 pts , Dax +197 pts  , Cac +83 pts , Nikkei  +16 pts now , Crude @ $44.88 brl (-0.01), Brent @ $46.15 brl (+0.57) , Gold @ $1282.40 (+3.00), Silver @ $18.25 (+0.09), Euro @ $1.1053, JPY @ $104.4800, INR @ $66.7375

US GENERIC GOVT. 10-YEAR YIELD : 1.8172%

Today's Corporate Action
8th Nov  Ex Date

COLPAL
Interim Dividend - Rs. - 4.0000
CUPID
Interim Dividend - Rs. - 1.0000
DCMSHRIRAM
Interim Dividend - Rs. - 2.2000
KKCL
Interim Dividend - Rs. - 9.0000
MRF
Interim Dividend - Rs. - 3.0000
PIIND
Interim Dividend - Rs. - 1.5000
SHRIRAMCIT
Interim Dividend - Rs. - 5.0000


Today's Key Result
8th Nov


ASHOK  LEYLAND
BHEL
BHARAT FORGE
INDIGO
Deccan Cement 
Mc Leod Russel
MRPL
NESCO
Sml Isuzu
Tata Comm
UFO Moviez
WABCO India

Today's Data Alert


Nov 8: One set of 14-day variable rate term repo for 195 bln rupees. Bids for term repo tender may be submitted between 1100 IST and 1130 IST.


Today's Global Data


Nov 8: US September consumer credit data; 0130 IST

Nov 8: Japan October international reserves/ foreign currency data; 0520 IST

Nov 8: UK October Markit/ REC jobs report; 0531 IST

Nov 8: UK October BRC-KPMG retail sales data; 0531 IST

Nov 8: Japan September indexes of business conditions data; 1030 IST

Nov 8: Germany September Industrial production index data; 1230 IST

Nov 8: Germany September Foreign trade data; 1230 IST

Nov 8: UK September monthly industrial production data; 1500 IST

Nov 8: US October National Federation of Independent Business index of small business optimism data; 1630 IST

Nov 8: US retail Economist/Goldman Sachs weekly chain store sales index
data for week ended Nov 5; 1815 IST

Nov 8: US Federal Reserve Bank of Chicago President Evans to speak at the council on foreign relations; 1815 IST

Nov 8: US Federal Reserve Bank of Chicago President Evans to speak at the council on foreign relations in New York; 1830 IST

Nov 8: US Johnson Redbook retail sales index data for week ended Nov 5; 1925 IST

Nov 8: US September Job openings and labour turnover survey data; 2030 IST

Nov 8: UK October The National Institute Of Economic and Social Research's monthly GDP estimates; 2030 IST

Nov 8: US IMF Richard Goode Lecture by Professor Esther Duflo, chaired by
Christine Lagarde; 2030 IST

Nov 8: US Federal Reserve Bank of  Chicago President Evans to speak at UBS knowledge network event; 2250 IST

Nov 8: Japan September Provisional Labour Survey data

Nov 8: EU meeting of eurozone finance ministers

Nov 8: US Presidential election

Nov 8: Germany Chancellor Merkel meets Norwegian PM Solberg

Nov 8: US House elections

Nov 8: EU ECOFIN meeting of EU finance ministers

Nov 8: US Senate elections

Nov 8: US Gubernatorial elections

Monday, 7 November 2016

ICICI Bank Q2



Net Profit At Rs 3,102 Cr Vs Rs 3,030 YoY

Other Income At Rs 9,119 Cr Vs Rs 3,007 Cr (YoY)

Gross NPA At 6.82% Vs 5.87% QoQ

Net NPA At 3.57% Vs 3.35% QoQ

Provisions At Rs 7,038 Cr Vs Rs 942 Cr YoY

NII At Rs 5,253 Cr Vs Rs 5,251 Cr YoY

Godrej Consumer Q2



Cons Net Profit At Rs 318 Cr Vs Rs 221 Cr YoY

Total Income At Rs 2,439 Cr Vs Rs 2,197 Cr YoY

Declares Second Interim Dividend Of Rs 1/share

Rev At Rs 2,439.3 Cr Vs CNBC-TV18 Poll Of Rs 2,495 Cr

EBITDA At Rs 465.8 Cr Vs CNBC-TV18 Poll Of Rs 477 Cr;

EBITDA Margin At 19.1% Vs CNBC-TV18 Poll Of 19.1%

Market Update


Sgx Nifty +78 pts
‎Dow -42.39 pts ,Nsdq -12.04 , S&P -3.48 pts‎, Bovespa -151 pts , Ftse -97 pts , Dax -66 pts  , Cac -34 pts , Nikkei  +185 pts now , Crude @ $44.41 brl (+0.41), Brent @ $45.83 brl (+0.25) , Gold @ $1292.50 (-12.00), Silver @ $18.23 (-0.14), Euro @ $1.1104, JPY @ $105.0300, INR @ $66.7075

US GENERIC GOVT. 10-YEAR YIELD : 1.8207%

Today's Corporate Action
7th Nov  Ex Date

AJANTPHARM
Interim Dividend - Rs. - 6.0000
BIGBLOC
Interim Dividend - Rs. - 0.2500
LAXMIMACH
Buy Back of Shares 
SUPREMEIND
Interim Dividend - Rs. - 3.0000
VEDL
Interim Dividend - Rs. - 1.7500

Today's Key Result
7th Nov

Icici Bank(Est Net 2393 =21% Yoy After Mkt)  
Britannia Inds( Est Net 244 Cr +11% Yoy)
GlaxoSmith C H L(Est Net 195 Cr  -11% Yoy)
Godrej Consumer( Est Net 330 Cr +15% Yoy)
Shree Cem (Est Net 376 Cr +192% Yoy)
8k Miles,Aban Off,Asahi Ind,Cambridge Tech,Ceat,‎eClerx Services,Eid Parry,Hsil,Manali Petro,  Rajasjree Sug,Sanofi India,Shalimar Paints,Simmond Marshall,Tn Petro,Til,Vakrangee,Zen Techno

Economic Times


Business Standard

Ø  Banks, LIC told to monitor Tata Group developments

Ø  Tatas postpone investor meet scheduled for Nov 18

Ø  Reliance Industries partners consider joining arbitration in $1.55 bn gas row

Ø  OIL India asks Assam govt to tackle frequent bandhs, disruptions

Ø  Govt plans to stop financial support to tobacco firms

Ø  New GST structure may be non-inflationary: Citigroup

Ø  Govt working on Policy for E-Pharmacy startups   



Ø  Government pushes for trade pact among Bimstec nations

Ø  Steel turns dearer as coking coal price surges

Ø  UK's immigration stance to decide trade deal path

Ø  Coastal economic zones may get 10-year tax exemption in next Budget

Ø  India rises to 2nd spot on global biz optimism index: Report

Ø  Godrej Properties expects Rs 3K-crore revenue from Greater Noida township

Ø  Coal imports decline 13.7% in October

Business Line



Mint

Ø  FDI in India rises 30% to $21.6 bn in April-Sept

Ø  Boards of Dalmia Bharat, OCL approve merger

Ø  Mumbai Press Club wants Tata Sons to remove TOPS guards

Ø  CII team to visit Bangladesh, explore investment opportunities

Ø  Govt mandates 20% local components in mobiles for export aid

Ø  BSNL approaches Telecom Deptt for 700 MHz spectrum



Ø  GST Compensation Bill to detail revenue foregone by states

Ø  Theresa May flies to India to prepare ground for post-Brexit trade deal

Ø  Apple seeks incentives to set up manufacturing unit

Ø  Private sector NPS subscribers can invest in AIFs, REITs

Ø  Tata Group firms’ independent directors left in the dark on Cyrus Mistry ouster

Ø  Lenders put top NPA cases on standby over S4A norms delay

Financial Express



Financial Chronicle

Ø  Rs 50 crore Oil India Limited StartUp fund for new ideas in oil & gas sector

Ø  Patanjali Ayurved to invest Rs 1,300 crore in Assam

Ø  Rupee One note revived due to better use of technology

Ø  Devendra Fadnavis urges Centre to increase import duty of soyabean to support farmers



Ø  Average size of startup funding up 27% to Rs 4.6 cr

Ø  MF agents oppose Sebi norms for advisory services

Ø  Gilt funds better than direct G-sec investments

Ø  Gold maintains upward trend on global cues

Ø  Private sector needs to invest big-time, says Jaitley

Friday, 4 November 2016

Union Bank Q2



Net Profit At Rs 177 Cr Vs Rs 658 Cr YoY

Gross NPA At 10.73% Vs 10.16% QoQ

Net NPA At 6.39% Vs 6.16% QoQ

Economic Times


Business Standard

Ø  Panel fixes GST rates At 5%, 12%, 18% & 28%

Ø  GST tax structure to bring down inflation: CEA

Ø  'India's energy efficiency market at Rs 1.6 lakh crore'

Ø  Big oil threatens to break PSU monopoly in India

Ø  FIPB to take up 11 investment proposals on Nov 17

Ø  Banks can now issue masala bonds: RBI

Ø  Investors circle Mumbai airport, eye GVK stake

Ø  'Tata board endorsed Mistry's proposal of Welspun'



Ø  Tata, DoCoMo signal thaw, to seek RBI nod to remit $1.7 bn

Ø  Suuti sale: Govt to divest 3% in L&T in block deal

Ø  Luxury cars, SUVs will not turn cheaper with GST

Ø  Tobacco products to be taxed higher than 28% under GST

Ø  Airtel provides additional 7,000 PoIs to Jio

Ø  HDFC, ICICI Bank cut home loan rate by 0.15%

Ø  Energy firms face Rs 730 cr service tax on royalty payments

Ø  Centre to offload 1 mt wheat in open market

Business Line



Mint

Ø  Provisional anti-dumping duty imposed on certain steel products

Ø  ONGC, Cairn face Rs. 730 cr service tax on royalty payments

Ø  Sterlite Technologies board approves 25% interim dividend

Ø  JSPL defaults on interest payment on NCDs

Ø  Volvo-Eicher trucks going up the growth curve steadily

Ø  Ambuja Cement profit zooms 80% in Sept quarter



Ø  Reliance Jio's struggles with 4G speed may deepen data price war: CLSA

Ø  Tata said to seek Modi govt nod to resolve $1.2 billion DoCoMo spat

Ø  FSSAI to spend Rs482 crore to upgrade food testing laboratories

Ø  Investors stay unconvinced about Tech Mahindra’s recovery

Ø  Airtel to get $129 million from Zain in Africa business sale settlement

Financial Express



Financial Chronicle

Ø  BSE Sensex ends over 95 points down at 27,430.28, NSE Nifty settles at 8,484.95

Ø  4 workers killed, 13 injured in leakage at GNFC’s Dahej unit

Ø  India witnessing 'jobless' growth: Kiran Mazumdar-Shaw

Ø  GST to be less regressive with lower tax band at 5 per cent: Experts



Ø  RIAs can use BSE MF platform from tomorrow

Ø  Food law being implemented from Nov: Paswan

Ø  Sebi invites bids from agencies for caretaking services

Ø  Norms on onetime settlement for debt ridden soon

Market Update


Sgx Nifty -37 pts‎
‎Dow -28.97 pts ,Nsdq -47.16 , S&P -9.28 pts‎, Bovespa -1580 pts , Ftse -54 pts , Dax -45 pts  , Cac -2 pts , Nikkei  -249 pts now , Crude @ $44.75 brl (-0.09), Brent @ $46.35 brl (-0.51) , Gold @ $1304.30 (+1.00), Silver @ $18.38 (-0.04), Euro @ $1.1100, JPY @ $103.0200, INR @ $66.7513



Today's Corporate Action
4th Nov  Ex Date


HEXAWARE
Interim Dividend - Rs. - 1.0000
HINDZINC
Interim Dividend - Rs. - 1.9000
NAUKRI
Interim Dividend - Rs. - 1.5000
NAVINFLUOR
Interim Dividend - Rs. - 11.0000
NAVINFLUOR
Special Dividend - Rs. - 7.5000
‎




Today's Key Result
4th Nov


Titan Company
All bank,Auto Corp Goa,Central Bank,Care,Dharni Sug,Eih Associate,Federal Mog,Gati Lltd,Gujarat Pipavav,Ind Hot,Jindal Saw,Kcp Sug,Max Fin,Munjal Auto, Neuland Lab,Pfizer,Pokarna,Ponni Sug,Radico Khaitan, Store One,Tci,Trf, Union Bank,United Brew,Vst Till


Today's Global Data



Nov 4: US Federal discount window borrowings; 0200 IST

Nov 4: US foreign central bank holdings; 0200 IST

Nov 4: US money stock measures; 0200 IST

Nov 4: Japan October services purchasing managers' index; 0600 IST

Nov 4: Germany October services purchasing managers' index; 1425 IST

Nov 4: UK October car registrations figures; 1430 IST

Nov 4: Eurozone October services purchasing managers' index; 1430 IST

Nov 4: European Union September production price index; 1530 IST

Nov 4: US September international trade in goods, services; 1800 IST

Nov 4: US October employment report; 1800 IST

Thursday, 3 November 2016

Ambuja Cem Q3

                     

Standalone PAT At Rs 277 Cr Vs CNBC-TV18 Poll Of Rs 220 Cr;

Rev At Rs 2,031 Cr Vs CNBC-TV8 Poll Of Rs 2,100 Cr

Other Income At Rs 223.2 Cr Vs Rs 74 Cr;

Volume At 4.50 mt Vs CNBC-TV18 Poll Of 4.76 mt

Business Standard



Ø   UK downgrade warned if Brexit deal weakens growth

Ø  Govt, 3 PSUs to set up equity fund for renewables

Ø  Fed resumes meeting, expected to hold rates steady

Ø  Oil down 3 per cent after record US crude build

Ø  As China shifts from oil exporter to importer, fortunes change

Ø  India to launch clean energy equity fund: Sources

Ø  Vodafone case: ICJ rejects plea to replace arbitrator 


Ø  S&P affirms India's sovereign ratings, says outlook is stable

Ø  Leadership changes on Tata Sons not to impact risk profile: CRISIL

Ø  Coal stocks dip in 58 power plants, govt denies shortage

Ø  Tech Mahindra bags two contracts from Nordic region

Ø  LIC cut investments in Tata group during Mistry tenure

Ø  Reliance Jio to install 45,000 mobile towers in 6 months to boost 4G network


Mint

Ø  Govt starts review of foreign trade policy

Ø  Govt proposes annual surveys on employment and labour force

Ø  SEBI revamps secondary market advisory committee

Ø  Lupin gets USFDA nod for birth control pill

Ø  Support may limit downside in NCDEX turmeric

Ø  Welspun India credit rating remains stable 


Ø  Banks cut lending and deposit rates

Ø  Tata empire split as Cyrus Mistry stays chairman of group units

Ø  Airtel planning rural expansion, in wake of Jio entry: CEO Gopal Vittal

Ø  Mutual funds now hold more Indian stocks than LIC

Ø  Bank credit to NBFCs highest in three years: RBI data

Ø  Reliance Jio to install 45,000 mobile towers in 6 months


Financial Chronicle

Ø  BSE Sensex slides close to 350 points to end at 27,527.22, NSE Nifty settles at 8,514

Ø  Fear of Donald Trump Pushes Gold Above $1,300 as Investors Seek Haven

Ø  India-China hold JWG  meet on setting up Industrial Parks in India  


Ø  India Inc believes eco faring better; credit an issue

Ø  Norms on onetime settlement for debt ridden soon

Ø  'Remove anomalies across sectors before GST rollout'

Ø  PM chairs high-level meet,discusses steps to reduce oil import

Market Update



Sgx Nifty -23 pts
‎Dow -77.46 pts ,Nsdq -48.01 , S&P -13.78 pts‎, Bovespa Clsd  , Ftse -71 pts , Dax -55 pts  , Cac -55 pts , Nikkei  Clsd , Crude @ $45.68 brl (+0.34), Brent @ $46.86 brl (-1.28) , Gold @ $1299.10 (-9.20), Silver @ $18.55 (-0.14), Euro @ $1.1093, JPY @ $103.3800, INR @ $66.7425


Today's Corporate Action
3rd Nov  Ex Date


DABUR
Interim Dividend - Rs. - 1.2500
EXIDEIND
Interim Dividend - Rs. - 1.6000
FOSECOIND
Interim Dividend - Rs. - 6.0000
GRANULES
Interim Dividend - Rs. - 0.2000
HESTERPH
Interim Dividend - Rs. - 3.0000
JAYAGROGN
Interim Dividend - Rs. - 1.2500
ONGC
Interim Dividend - Rs. - 4.5000
SASKEN
Interim Dividend - Rs. - 2.5000
SQSBFSI
Interim Dividend - Rs. - 4.0000
SRTRANSFIN
Interim Dividend - Rs. - 4.0000
SYMPHONY
Interim Dividend - Rs. - 1.0000
TVSMOTOR
Interim Dividend - Rs. - 1.2500
ZEELEARN
Interim Dividend - Rs. - 0.0500


Today's Key Result
3rd Nov


Ambuja Cem(Est Net 244 Cr +59% Yoy)
Balmer Lawrie,‎Berger Paints,Century Enka,Cerebra Int,Chemfab Alk,Cosmo Films,Dr Lal Path,Eih Ltd,Esab Ind,Fert&Chem,Geogit Bnp,Grindwell Nort,Icra,Intellect Design,Lkp Fin,Magma Fin,Monsanto,‎MphasiS, Shoppers' Stop,Sundram Clay,Super Spin,Take Solution,Ttk Prestige, Tube Inv,Whirpool‎


Today's Global Data


Nov 3: US October Challenger job report; 1700 IST

Nov 3: Bank of England monetary policy committee announcement, minutes; 1730
IST

Nov 3: Bank of England inflation report; 1730 IST

Nov 3: US export sales for week ended Oct 27; 1800 IST

Nov 3: US Jul-Sep preliminary productivity, costs report; 1800 IST

Nov 3: US jobless claims report for week ended October 29; 1800 IST

Nov 3: US October services purchasing managers' index; 1915 IST

Nov 3: US September manufacturers' shipments, inventories, orders; 1930 IST

Nov 3: US October Institute of Supply Management non-manufacturing report on business; 1930 IST

Nov 3: US EIA natural gas storage report for week ended Oct 28; 2000 IST

Nov 3: US October retail chain store sales index; 2130 IST

Nov 3: Financial markets closed in Japan for Culture Day

Nov 3: European Union autumn economic forecasts

Wednesday, 2 November 2016

NIFTY VIEW:

Nifty 50 (8626)

Nifty if trades below 8610, it can show 8570 which is a bounce back zone.

but if maintains below 8570 can slide to 8500

If holds and bounces back from 8570 this time can break 8700 and resume to uptrend

Close below 8500..8470 can slide nifty to 8300...levels

Tuesday, 1 November 2016

Economic Times



Business Standard
Ø  'Indian economy well-prepared for US Fed rate hike'
Ø  NBCC to redevelop VSNL land assets for Rs 15,000 cr
Ø  China's non-financial debt over $22.7 trillion: Official
Ø  Bumper Madrid deal banks Bale over 115 mn euros
Ø  Banks to report frauds of Rs 1 crore and above to CVC
Ø  China to invest $140 bn to relocate poor citizens
Ø  Notification soon on interest to inoperative PF accounts
Ø  MiG Corp and others paid mn to man under CBI, ED probe

Ø  RIL may be fined over $1 bn for using ONGC gas
Ø  Suzuki India revenue to beat Japan parent
Ø  Opec oil output hits new record on Nigeria, Libya: Survey
Ø  MPEDA to move EU on stiffer norms for shrimp exports
Ø  Asia's Sept imports of Iranian oil rise 73% from year ago
Ø  Govt hikes import tariff on gold and silver
Ø  Fiscal deficit in H1 balloons to two-decade high
Ø  DGCA asks airlines to put in place electronic cigarette policy
Business Line

Mint
Ø   FPIs pull out Rs. 10,306 cr from capital markets in Oct
Ø  OVL completes acquisition of 11% additional stake in Vankor
Ø  Chinese goods sale dips 60% during Diwali: CAIT
Ø  GSTN to borrow Rs 800 cr to meet infra building cost 
Ø  Polished diamond exports up 30% in Sept to $2.5 bn
Ø  Oil falls as non-OPEC producers yet to pledge concrete steps

Ø  Inform broadband users of data usage limit, speed, Trai tells telcos
Ø  Ratan Tata-Cyrus Mistry row: Brickwork Ratings downgrades Tata Steel
Ø  General Electric, Baker Hughes create powerful new player in energy sector
Ø  SBI to allot shares to govt on preferential basis for capital infusion of Rs5,681 crore
Financial Express

Financial Chronicle
Ø  Gig economy on rise in India: Report
Ø  CenturyLink to Buy Level 3 for $34 Billion in Cash, Stock
Ø  India needs to reduce sulphur dioxide from coal-fired plants
Ø  LPG cylinder price hiked by Rs 38.50 to Rs 529 in Delhi
Ø  Indian Oil lines up `1.8L-crore capital expenditure for 5 years
Ø  Anil Agarwal led Vedanta on a steel hunt

Ø  Govt may align flying operator norms with FDI policy
Ø  Andhra, Telangana easiest place to do business in India: World Bank
Ø  Maharashtra most farmer friendly state: NITI Aayog
Ø  MCA extends deadline to submit annual filings
Ø  Kerala declared drought-hit: Govt approach Centre for aid

Market Update



Sgx Nifty + 22
‎Dow -18.77 pts ,Nsdq -0.96 , S&P -0.26 pts‎, Bovespa +616 pts  , Ftse -42 pts , Dax -31 pts  , Cac -39 pts , Nikkei  -84 pts  now, Crude @ $46.91 brl (+0.05), Brent @ $48.30 brl (-1.41) , Gold @ $1277.20 (+4.10), Silver @ $17.88 (+0.07), Euro @ $1.0970, JPY @ $104.7900, INR @ $66.7800

🔹Today's Corporate Action
1st Nov  Ex Date

AARTIDRUGS
Buy Back of Shares 
AARTIIND
Buy Back of Shares 
ASIANPAINT
Interim Dividend - Rs. - 2.6500
HINDUNILVR
Interim Dividend - Rs. - 7.0000
MASTEK
Interim Dividend - Rs. - 1.0000
SUPPETRO
Interim Dividend - Rs. - 1.0000
‎
🔹Today's Key Result
1st Nov

Century Ply,Gna Axles,Hindustan Media,Majesco Ltd,Marsons,Mic Elect,Vst Ind
Estimates-Cogencis