Tuesday, 22 November 2016

Market Update


Sgx Nifty +26 pts
‎Dow +88.76 pts ,Nsdq +47.35 pts , S&P +16.28 pts‎, Bovespa +1100 pts , Ftse +2 pts , Dax +20 pts  , Cac +25 pts , Nikkei  -5 pts now , Crude @ $48.49 brl (+0.25), Brent @ $48.90 brl (+2.04) , Gold @ $1213.70 (+3.90), Silver @ $16.70 (+0.07), Euro @ $1.0635, JPY @ $110.7100, INR @ $68.1650



Today's Corporate Action
22nd Nov  Ex Date


GILLETTE
Dividend - Rs. - 20.0000
HGS
Interim Dividend - Rs. - 2.5000
JAMNAAUTO
Interim Dividend - Rs. - 1.5000
MANAPPURAM
Interim Dividend - Rs. - 0.5000


Today's Key Result
22nd Nov


L&T
Allcargo,Emco,Gtl Infra,Irb Infra,Jbf Inds

Today's  Data Alert


Nov 22: RBI to hold 14-day variable rate term repo for 195 bln rupees. Bids
to be submitted between 1100 and 1130 IST.

Monday, 21 November 2016

NIFTY BANK VIEW:

Nifty bank( 18959)

Nifty bank is showing it can slide down to 18200..17800 with the resistance of 19300..19400 zone.

Close above 19400 can show some pull back.
NIFTY VIEW:

Nifty 50 (8074)

Nifty can see volatile sessions this week due to expiry.

It is trading near its support zone of 8070...8040..8100.

Break through 8000 on closing basis will take it to 7900...and lower levels 
Close abv 8150..8160 can resume some pull back opportunity

Business Standard



Ø  Note ban: Auto industry takes a hit in Nov sales

Ø  Liquidity to stay, rates may fall further: SBI

Ø  Bank account violators will face 7 yrs jail, warns IT dept

Ø  RBI proposes Islamic window in banks

Ø  'Mining can add $70 bn to India's GDP in next 15 yrs'

Ø  Patanjali to acquire more land for Nagpur project

Ø  16 of 22 PSU banks skip dividend in FY16 on mounting NPAs

Ø  Staff crunch likely to restrict I-T scanner on bank deposits

Ø  Cheaper bank loans soon: PM

Ø  PSU bank stocks make the most of demonetisation move

Ø  FPI outflows hit $3 bn in Nov on cash crisis, US rate hike fears

Ø  Govt gets 6 more weeks to respond to Cairn Energy arbitration

Ø  MFs eye Rs 1.5 trillion inflows from HNIs, retail investors

Ø  Oilfield auction: Exxon Mobil, BP, RIL likely to skip
Business Line

Mint

Ø  Informal GST Council meeting remains inconclusive

Ø  TTK Prestige eyes ₹1,700-cr turnover this fiscal

Ø  Global NCAP gives 4-star rating to Tata Zest

Ø  Maharashtra tops list of internet subscribers in India

Ø  Notes ban to swell digital payment platforms’ kitty: Assocham 

Ø  Sebi considers giving a fillip to start-up ecosystem

Ø  New rules on network rollout to reduce call drops: COAI

Ø  APEC summit: China, Russia to push for free-trade area in Asia-Pacific

Ø  Shree Cement in bid to buy Shiva Cement

Ø  Promoter share pledges continue to remain high
Financial Express

Financial Chronicle

Ø  Top companies can shift 40% steel movement to coastal shipping: Government

Ø  Made efforts to ensure actions based on equity: India on COP22

Ø  Stocks may see volatility, demonetisation to hog limelight, say experts

Ø  Fund mop-up via QIP plunges 78% to Rs 2,818 cr in HI FY17

Ø  Mauritius hopes to remain top FDI source despite new treaty

Ø  RBI dispels rumours of fake Rs 10 coins in circulation

Ø  Centre cautions against shady Jan Dhan deposits

Ø  NHPC to refinance Rs 2,000 cr loan; hopes to recover dues

Market Update


Sgx Nifty -14 pts
‎Dow -35.89 pts ,Nsdq -12.46 pts , S&P -5.22 pts‎, Bovespa +191 pts , Ftse -18 pts , Dax -20 pts  , Cac -23 pts , Nikkei  +81 pts now , Crude @ $47.48 brl (+0.62), Brent @ $46.49 brl (-0.14) , Gold @ $1207.20 (-1.50), Silver @ $16.65 (-0.07), Euro @ $1.0580, JPY @ $111.0200, INR @ $68.1375



Today's Corporate Action
21st Nov  Ex Date


GABRIEL
Interim Dividend - Rs. - 0.4500
HINDADH
Interim Dividend - Rs. - 1.0000
LTTS
Interim Dividend - Rs. - 3.0000
MAANALU
Interim Dividend - Rs. - 1.0000
MAYURUNIQ
Interim Dividend - Rs. - 0.2500

‎‎


Today's Key Result
21st Nov


Fintech,Ge Power,Ingersol Ran,Just Dial,Khaitan Elect, Lakshmi Precison,National Alum,Simplex Proj,Sobha Ltd

Friday, 18 November 2016

NHPC Q2



Net Profit up 27.8% at  Rs 1,555 Cr Vs Rs 1,216 Cr YoY

Total Income up 2.5% at  Rs 2,403 Cr Vs Rs 2,345 Cr YoY

Revenue Up 2.55 At Rs 2,403 Cr Vs Rs 2,345 Cr (YoY)
Nifty Bank (19087 )

If is also trading around its support and bounce back zone of 19000...18900

Below this it can slide down ....to 18000
Maintain above 19400 zone it can show reversal
NIFTY VIEW:

Nifty 50( 8079 )

Nifty as mentioned before it is trading near its support and bounce back zone of 8070..8100 

Close above 8160 ..can show reversal. 

Close and maintain below 8070....8060.can show..8000 and lower levels. 

Stocks like Tatamotors Lt hdfc tatasteel hindalco are showing some support holding signs.

Market Update


Sgx Nifty -19 pts
‎Dow +35.68 pts ,Nsdq +39.39 , S&P +10.18 pts‎, Bovespa -988 pts , Ftse +44 pts , Dax +21 pts  , Cac +26 pts , Nikkei  +151 pts now , Crude @ $45.02 brl (-0.40), Brent @ $46.49 brl (-0.14) , Gold @ $1214.60 (-2.40), Silver @ $16.66 (-0.11), Euro @ $1.0618, JPY @ $110.1400, INR @ $67.8275


Today's Corporate Action
18th Nov  Ex Date


ORIENTPPR
Right Issue of Equity Shares with Warrants 


Today's Key Result
18th Nov


JB Chem,Nbcc,Nhpc,Rcf,Sarda Energy,Visa Steel


Today's Global Data


Nov 18: US foreign central bank holdings data; 0300 IST

Nov 18: US Money Stock Measures data; 0300 IST

Nov 18: US Federal discount window borrowings data; 0300 IST

Business Standard



Ø  No shortage, RBI supplying adequate money: FM

Ø  TCS EGM on Dec 13 to remove Mistry as director

Ø  ICICI, HDFC Bank cut FD rates by 0.25%

Ø  RBI forms task force to ease currency exchange in Nepal

Ø  RBI could use proceeds to retire part of govt debt

Ø  Iran overtakes Saudi Arabia as top oil supplier to India

Ø  Microfinance players may be hit: India Ratings

Ø  Sebi tightens insider trading norms at AMCs

Ø  RBI lifts restriction on FPI investment in bonds

Ø  Janet Yellen says Fed could raise interest rates 'relatively soon'

Ø  India software revenue to touch $5.8 billion in 2017: Gartner

Ø  FIIs pulled out $1 billion in five trading sessions

Ø  DIIs emerge as strong counter balance to overseas funds

Ø Demonetisation: Get Rs 2,000 cash from petrol pumps Nov 24 onwards
Business Line


Mint

Ø  CII calls for single-window clearance for mine allocation

Ø  Rupee up 11 paise against dollar in late trade

Ø  Centre moves Supreme Court to stay proceedings against demonetisation

Ø  Lupin gets USFDA nod for generic pain relieving drug

Ø  Federal Bank ties up with Oxigen for cash management services  

Ø  Replacing scrapped Rs500 and Rs1,000 notes may take six more months

Ø  Vedanta revokes suspension of operations at Bicholim mine in Goa

Ø  Facebook buys facial recognition tech start-up FacioMetrics

Ø  JPMorgan to settle US government probe of China hiring: report

Ø  Indian IT sector growth forecast lowered on Brexit, Donald Trump
Financial Express

Financial Chronicle

Ø Demonetisation to have temporary impact on MFIs, borrowers

Ø  Govt approves Rs 6,068 crore highway projects in 8 states

Ø  ,India comes in at 25 among 27 pension systems globally

Ø  Air India posts Rs 246 cr operating loss in April-June quarter

Ø  RCom creates new infra company Towercom

Ø  No question of roll back of demonetisation: Jaitley

Ø  Mistry skips 2 key board meets of Tata group firms

Ø  Sebi eases PAN verification process for FPIs

Ø  Scheme to construct 1 cr house in 3 years on: Govt

Thursday, 17 November 2016

NIFTY BANK VIEW:

Nifty Bank (19108 )

Nifty bank below 19000-18900, can slide to 18200.

If holds 19000...and maintain above 19200 can show 19400 ...19500
NIFTY VIEW:

Nifty 50 ( 8111)

Nifty is trading near its bounce back zone of 8070..8100.

It can reverse from here to 8280..8300,if maintain above 8140. 

Any close below 8070..8060 it will enter  can slide it to 8000..7900 zone 

If nifty maintains below  7900..8100 zone it enters into a free fall zone which can be very sharp to 7400..7300 

Close abv 8300..8320 can show upmove to 8600

MARKET UPDATE

SGX Nifty +3 pts (8102) from last trade 8099 , 

Nikkei -66 pts , Hangseng -43 pts , NOW @6.53am , 

Dow:18868      -54   -0.29%

Nasdaq:5294   +18  +0.36%

S&P500:2176    -3    -0.16%  

Infy:+0.79%,     Wit:+0.86%

Ttm: -1.63%,     Rdy: -4.88%

Hdb: -2.39%,      Ibn: -5.40% 

SBID: -1.10%,     RIGD:+1.03% 

Us/Inr: $67.995   Eu/Us:1.07

DIX:100.24,          JPY: 108.86

Gold:$1226,         Silver: $16.98

Oil: $45.46,          Brent: $46.83

US10-YR : 2.203%   -0.02

Business Standard



Ø  Modi's new strike against black money backfires

Ø  Banks, POs to report cash deposits over Rs 2.5L

Ø  Centre circulates draft GST law with states

Ø  Cabinet may soon consider complete FDI ban in tobacco sector

Ø  Iron-ore production jumps 25% in Apr-Sept

Ø  FSSAI to set up food safety standards review panel

Ø  Airtel may turn around Africa operations in FY18


Ø  Mistry sends legal notice to Tata Global

Ø  Vijay Mallya loan not waived off, says Arun Jaitley

Ø  No intention to demonetise Rs 100/50 notes: Govt

Ø  New Japan real estate loans hit record, eclipse bubble economy peak

Ø  UK, US markets can boost Cipla's fortunes

Ø  Rupee tumbles by 20 paise to 67.94 against a strong dollar

Ø  LafargeHolcim increases stake in ACC & Ambuja

Business Line

Mint
Ø  Expert panel mooted for fixing poverty line

Ø  Former RBI Governor Subbarao hails govt’s decision on note ban 

Ø  Axis Bank cuts MCLR rate by 0.15-0.20% from Friday 

Ø  Nasscom cuts growth forecast to 8-10% for 2016-17

Ø  Hindalco eyes value-added products for margin boost 

Ø  Note ban fallout: LIC extends grace period for premium payment   


Ø  Subbarao warns RBI against taking unclaimed notes as profit

Ø  Narendra Modi faces risk of economic stress as cash runs short

Ø  Tata Tech stake sale talks on; deal may take longer

Ø  NSE may divest 25% stake via OFS route

Ø  Brexit immigration crackdown may affect Google’s future plans: Sundar Pichai

Ø  Bharti Airtel, Robi Axiata complete merger in Bangladesh

Financial Express

Financial Chronicle
Ø  RIL slaps arbitration notice on government over $1.55 bn demand: Dharmendra Pradhan

Ø  Cyrus Mistry takes first legal action, sends notice to Tata Global Beverages

Ø  Cut Corporate tax to 25%, hike exemption limit to Rs 5 lakh: Assocham

Ø  Microsoft chairman Bill Gates meets Prime Minister Narendra Modi


Ø  India Inc overseas direct investment dip 29% to $2.11b in October

Ø  Overall FTA effect on trade positive: Nirmala

Ø  MF industry looks to ramp up investor base to 9cr in 5 years

Ø  RBI set to cut rates in December: Kotak

Ø  Coalscam: Court grants CBI a month more to file probe report

Wednesday, 16 November 2016

NIFTY BANK VIEW:


Nifty bank (19289)

Nifty bank is showing very volatile sessions and breakout on both sides up and down

It has bounce back support around 19000 

Below 19000 it can show steep fall to 18000
NIFTY VIEW:

Nifty 50 (8108)

Nifty charts are showing selling patterns but as nifty is near its positional support and bounce back zone 8060...8100 it can show a pull back upto its resistance zone of 8280..8300 

Intraday levels 

Support 8060..8100

Resistance zone 8150..8200

Below 8060 ...8100 it can show 8000

Market Update


Sgx Nifty +113 pts‎
‎Dow +54.37 pts ,Nsdq +57.23 , S&P +16.19 pts‎, Bovespa Clsd , Ftse +39 pts , Dax +41 pts  , Cac +27 pts , Nikkei  +181 pts now , Crude @ $45.69 brl (-0.12), Brent @ $46.95 brl (+2.52) , Gold @ $1226.30 (+1.80), Silver @ $17.07 (+0.02), Euro @ $1.0723, JPY @ $109.0800, INR @ $67.7425

US GENERIC GOVT. 10-YEAR YIELD : 2.2136%

Today's Corporate Action
16th Nov  Ex Date


GPPL
Interim Dividend - Rs. - 2.0000
MARICO
Interim Dividend - Rs. - 1.5000
ORIENTC
Interim Dividend - Rs. - 3.0000
PIIND
Interim Dividend - Rs. - 1.5000


Today's Key Result
16th Nov


Engineers Ind,Igl,Ramco Inds,Sci,Voltas

Today's Data Alert


Nov 16: Month-long Winter Session of Parliament to start.


Today's Global Data


Nov 16: US Federal Reserve Vice Chairman Stanley Fischer keynotes conference On 'Do we have a liquidity problem post-crisis?'; 0000 IST

Nov 16: US American Petroleum Institute's Weekly Statistical Bulletin for the Week ended Nov 11; 0300 IST

Nov 16: UK October Scottish Retail Sales Monitor data; 0531 IST

Nov 16: UK October monthly unemployment figures; 1500 IST

Nov 16: US Mortgage Bankers Association's Weekly Applications Survey; 1730
IST

Nov 16: Federal Reserve Bank of Minneapolis President Neel Kashkari to speak at an economic club of New York; 1815 IST

Nov 16: US October Producer Price Index data; 1900 IST

Nov 16: US October Industrial Production and Capacity Utilization data; 1945
IST

Nov 16: US November National Association of Home Builders Housing Market Index; 2030 IST

Nov 16: US Energy Information Administration Weekly Petroleum Status Report; 2100 IST

Nov 16: European Central Bank Governing Council non-monetary policy meeting

Nov 16: Germany Deutsche Bundesbank Financial Stability Review

Nov 16: EU Economic and Financial Affairs Council Budget meeting of EU
finance ministers

Business Standard



Ø  All interest rates to fall soon: Arundhati Bhattacharya

Ø  Vodafone lowers value of India unit by 5 bn euros

Ø  Demonetisation a very bold move: Chris Wood 

Ø  Rupee ends near 5-mth low vs dollar; tanks 49 paise

Ø  Petrol price cut by Rs 1.46/litre, diesel by Rs 1.53/litre

Ø  Mistry calls ouster from Tata Global Beverages illegal

Ø  Trai backs open interfaces used in Aadhar, e-KYC

Ø  Govt puts off raising ATM withdrawal limit to Rs 4,000

Ø  Food inflation drops further, pushing WPI lower

Ø  GAIL's net profit rockets 180%

Ø  Demonetisation: Govt announces a 7-point strategy to contain currency crisis

Ø  Wadia to write on Tata's bad overseas buys, massive losses

Ø  Govt hikes wheat MSP by Rs 100/qtl; pulses by up to 550/qtl

Ø  Trade deficit widens to $10.16 bn in Oct

Ø  Cooperative Bank employees planning to protest against RBI
Business Line

Mint

Ø  Union Budget to be presented on February 1

Ø  Govt’s move will not raise inflation: Rajiv Kumar

Ø  FinMin wants speedy dividend payment by PSUs 

Ø  Vodafone loss doubles to $5.5 due to India write-down

Ø   Tata meets Jaitley as boardroom battle rages with Mistry

Ø  Petroleum dealers favour cashless transactions at retail outlets  

Ø  Tata Global Beverages removes Cyrus Mistry as chairman

Ø  Donald Trump’s threat to Indian IT is all bluster

Ø  Supreme Court declines to stay demonetization notification

Ø  Lawsuits against Welspun, Wal-Mart roil cotton industry

Ø  Reliance Group launches IoT services under venture Unlimit

Ø  Axis Bank in talks to sell Mswipe stake

Ø  PNB Housing Finance Q2 profit up 78% at Rs137 crore
Financial Express

Financial Chronicle

Ø  HSBC keeps Sensex target unchanged at 29,000 for December end

Ø  Slash stamp duty to clean up real estate sector: Assocham

Ø  PM Modi urges leaders to cooperate on black money, corruption at all party meet

Ø  NHAI may compensate concessionaires for loss in toll money

Ø  Nitish Kumar’s cabinet approves acquiring land for Bihta airport

Ø  India Inc overseas direct investment dip 29% to $2.11b in October

Ø  India, Israel to intensify defence, anti-terror cooperation

Ø  India Infra funding needs Rs 8.6 lakh crore a year: Crisil

Ø  Food prices help ease Oct retail inflation to 4.20%

Ø  Britain has no Brexit plan, leaked memo claims

Ø  Deadline for banks to clean up books 'stands' at March'17: RBI

Tuesday, 15 November 2016

GAIL Q2



Net Profit at Rs 924 Cr Vs Rs 330 Cr YoY


Total Income at Rs 12,058 Cr Vs Rs 14,240 Cr YoY

HPCL Q2




Net Profit at Rs 701 Cr  Vs Loss Of Rs 317 Cr YoY


Total Income at Rs 47,822 Cr Vs Rs 46,368 Cr YoY


Revenue At Rs 47,822 Cr Vs CNBC-TV18 Poll Of Rs 46,174 Cr
NIFTY VIEW:

Nifty (8296 )

Nifty is showing selling pattern active in short term charts. 

Markets were very volatile last week  due to currency demonitization and U.S elections 

Major support  zone is around 8270..

Bounce back zone lies around 8100....8120 zone 

Major resistance zone is around 8600...8500

Business Standard



Ø  Sebi steps up scrutiny as Tata-Mistry feud escalates

Ø  ATM charges waived on all transactions by savings bank customers till December 30

Ø  Niko Resources keen to sell 10% stake in KG-D6 block

Ø  Ujjivan gets RBI final nod for small finance bank

Ø  Tata Motors's quarterly profit falls short of estimates

Ø  SBI gets deposits of Rs 83,702 crore in five days

Ø  Windfall for MFs, demonetisation could bring up to Rs 16 lakh-crore

Ø  I-T department checking high-value deposits

Ø  Demonetisation is another proof that Modi is reforming India: Chris Wood

Ø  American Apparel files for second bankruptcy in just over a year

Ø  Siemens to buy Mentor Graphics in $4.5 billion deal

Ø  Samsung to buy car tech firm Harman for $8 bn, S Korea's biggest overseas deal
Business Line

Mint

Ø  AIBEA seeks RBI to allow other agencies to exchange notes

Ø  RBI ban on DCCBs accepting demonetised notes irks farmers

Ø  India’s crackdown on black money will help financial system: EU

Ø  Aurobindo Pharma Q2 net up at 33% at Rs. 605 cr

Ø  Professional fees, avocations to join financial mainstream, enter tax net  

Ø  TVS CMD Venu Srinivasan joins Sir Dorabji Tata Trust as trustee

Ø  Paytm claims record number of transactions after govt’s demonetization move

Ø  60% of British firms say they may increase their investment in India: Patricia Hewitt

Ø  Penny stocks may come under long-term capital gains tax net
Financial Express

Financial Chronicle

Ø  Australia, New Zealand dollars hit 1-month lows as USD, US bond yields surge

Ø  NDA stands behind PM Narendra Modi on demonetisation, surgical strikes

Ø  GAIL scraps $7 billion LNG tender from US as bidders don't agree to 'Make in India' terms

Ø  Demonetisation effect: Jewellery sales under taxmen lens amid crackdown on blackmoney

Ø  New measures announced to increase supply of cash

Ø  Sebi begins recruitment drive to hire security official

Ø  Govt to take necessary steps for revival of NAFED: Rupala

Ø  India may have electric highway with Swedish help: Gadkari

Ø  Trade and industry suggest ways to deal with cash crunch

Market Update



Sgx Nifty -84 pts(8244) Nifty Fut(8328)

‎Dow +21.03 pts ,Nsdq -18.72 , S&P -0.25 pts‎, Bovespa +473 pts , Ftse +22 pts , Dax +25 pts  , Cac +19 pts , Nikkei  -40 pts now , Crude @ $43.68 brl (+0.36), Brent @ $44.43 brl (-0.32) , Gold @ $1224.20 (+2.50), Silver @ $18.94 (+0.04), Euro @ $1.0753, JPY @ $108.1400, INR @ $67.2462



Today's Corporate Action
15th Nov  Ex Date


AEGISLOG
Interim Dividend - Rs. - 0.3500
GODREJCP
Interim Dividend - Rs. - 1.0000
MONSANTO
Interim Dividend - Rs. - 15.0000
‎




Today's Key Result
15th Nov


Bal Chini,Concor,Elgi Equipment, HPCL,Renuka Sug




Today's Data Alert


Nov 15: CPI Combined inflation for October, by CSO. 1730 IST

ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : Additions: Advanced Enzymes, Greenply, Carborundum, Dilip Buildcon, Godfrey


ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : Deletions: Sequent Scientific, SFK,  Welspun Corp

ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : 19 stocks added and 12 deleted from Global Small cap Index

ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : Deletions: Ratnamani Metals, Ricoh, REC, Rolta, Sequent Scientific

ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : Deletions: Berger Paints, City Union, Den Networks, MRF, Polaris

ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : Additions: Kaushal Trade, MGL, MCX, RBL  Bank, Siti, Somany, Ujjivan

ET NOW ‏@ETNOWlive
MSCI SMALLCAP INDEX : Additions: GNFC, Heidelberg Cement,  Infibeam, Inox Leisure, JB Chem, JK Tyre

ET NOW ‏@ETNOWlive
MSCI GLOBAL STANDARD INDEX : Changes in constituents for the MSCI as of close of November 30

ET NOW ‏@ETNOWlive
MSCI GLOBAL STANDARD INDEX : Gaxosmithkline Consumer deleted from Global Standard Index

ET NOW ‏@ETNOWlive
MSCI GLOBAL STANDARD INDEX : Bajaj Finserv, HPCL, IDFC Bank added to Global Standard Index

ET NOW ‏@ETNOWlive
MSCI GLOBAL STANDARD INDEX : 3 stocks added and 1 deleted from MSCI  Global Standard Index

Monday, 14 November 2016

Rel Comm Q2



Net Loss At Rs 864 Cr Vs Loss Of Rs 683 Cr;

Total Income Down 9.2% At Rs 2,212 Cr Vs Rs 2,436 Cr (YoY)

TataMotors Q2:




Consol PAT at Rs 848 Cr Vs Loss Of Rs 1,740 Cr (YoY)


Consol Net Revenue at Rs 67,000 Cr Vs Rs 62,647 Cr (YoY)


JLR PAT at Gbp 244 Mn Vs Loss Of Gbp 92 Mn

Friday, 11 November 2016

Bank Of Baroda Q2


Net Profit at Rs 552  Cr  Vs Rs 125 Cr YoY

Gross NPA at 11.35% Vs 11.15% QoQ

Net NPA at 5.46% Vs 5.73% QoQ

Provision Coverage Ratio 62.95% As On Sep 30

Sun TV Q2


Net Profit up 21% at Rs 270 Cr Vs Rs 222 Cr YoY

Total Income up 10% at Rs 625 Cr Vs Rs 568 Cr YoY

Reliance Power Q2


Cons Net Profit at Rs 272 Cr Vs Rs 290 Cr YoY

Cons Net Sales at Rs 2,082 Cr Vs Rs 2,330 Cr YoY


Cons Income At Rs2,472.7 Cr Vs Poll Of Rs2,366 Cr

Apollo Hospitals Q2



Net Profit up 2.7% at Rs 92 Cr Vs Rs 89 Cr YoY

Total Income at Rs 1,634 Cr Vs Rs 1,410 Cr YoY

EBITDA Margin at 13.6% Vs 13.9% YoY


Rev Up 15.9% At Rs 1,634.1 Cr Vs Rs 1,409.7 Cr (YoY)

IOB Q2




Net Loss Of Rs 765 Cr Vs Loss Of Rs 551 Cr YoY

Gross NPA at 21.77% Vs 20.48% QoQ


Net NPA at 14.30% Vs 13.97% QoQ

Provision Coverage Ratio at 50.19% As On Sep 30

Provisions at Rs 1,698 Cr Vs Rs 1,558 Cr YoY

Andhra Bank Q2



Net Profit at Rs 51.42 Cr Vs Rs 250 Cr YoY

Gross NPA at 11.49% Vs 10.3% QoQ

Net Interest Income at Rs14,437 Cr, up 1.3% On Year

Net NPA at 6.99% Vs 6.21% QoQ

Provisions at Rs 960 Cr Vs  Rs 520 Cr

M&M Q2




Net Profit at Rs 1,160 Cr Vs Rs 910 Cr YoY


Total Revenue at Rs 11,364 Cr Vs Rs 9,834 Cr YoY


Total Expense at Rs 10,460 Cr  Vs Rs 9,060 Cr YoY


Input Cost at Rs 5,350 Cr Vs Rs 4,910 Cr YoY


Other Income at Rs 710 Cr Vs Rs 480 Cr YoY

SBI Q2




Net Profit at Rs 2540 Cr Vs Rs 3880 Cr YoY



Gross NPA at 7.14% Vs 6.94% QoQ



Net NPA at 4.19% Vs 4.05% QoQ



Total Income at Rs 50,740 Cr Vs Rs 46,850 Cr YoY



Provision Coverage Ratio at 62.12% As On Sep 30



Other Income at Rs 8424 Cr Vs Rs 6197 Cr YoY



Capital Adequacy Ratio at 13.94%  As On Sep 30

Business Standard



Ø   Dow hits record high as markets ride on Trump win

Ø  Cashless economy: Centre to implement 19 measures to facilitate transition

Ø  Massive cyber attack at five top Russian banks

Ø  India to take up IT sector issues with new US govt

Ø Demonetisation move positive for banking: Goldman

Ø  Oil Ministry probes role of officials in RIL gas case

Ø  'Trump win relief for pharma, note ban to hit HFCs'

Ø  RBI overhauls debt restructuring schemes

Ø  Tata group debt peaked, leverage declined under Mistry

Ø  RBI tweaks rules for reverse repo operations

Ø  NEFT, cheque-clearing operations open on Sat, Sun: RBI

Ø  Govt pegs 2016-17 sugar output at 22.52 MT; down 10.27%

Ø  I-T raids on jewellers to check transactions after demonetisation

Ø  S&P affirms US investment-grade ratings after presidential election

Business Line

Mint

Ø  Tatas charge Mistry with betrayal, mismanagement

Ø  G Mahalingam is SEBI’s new Whole-Time Member

Ø   Donations to temples, FDs in co-op banks under govt scanner

Ø  Tax dept not to hound small depositors: Jaitley 

Ø  US diplomat expects further boost to India-US ties 

Ø  RBI tweaks S4A debt restructuring norms

Ø  Uber plea against Karnataka licence rules rejected by high court

Ø  Mayawati calls currency curb an undeclared economic emergency

Ø  Australia approves Adani coal mine project

Ø  Bad loan troubles continue at banks
Financial Express


Financial Chronicle

Ø  Narendra Modi may reap $45 billion budget gain on black money crackdown

Ø  Rs 2000 note does not have a GPS-nano chip

Ø Demonetisation move negative for near term economic activity: Report  

Ø  PFRDA proposes introducing Securities Lending and Borrowing Mechanism under NPS

Ø  Cash deposits over Rs 10 lakh to attract I-T scrutiny

Ø  Wockhardt Q2 slides 81.6% to Rs 17cr

Ø  Donations to temples, FDs in co-op banks under govt lens

Ø  Complete uploading of KYC papers by March 31: Sebi to MFs

Ø Demonetisation decision will help fight economic terrorism: MEA

Market Update


Sgx Nifty -120 pts
‎Dow +218.19 pts ,Nsdq -42.19 , S&P +4.22 pts‎, Bovespa -2060 pts , Ftse -83 pts , Dax +15 pts  , Cac -12 pts , Nikkei  +230 pts now , Crude @ $44.42 brl (-0.24), Brent @ $45.84 brl (-0.52) , Gold @ $1258.70 (-7.70), Silver @ $18.61 (-0.12), Euro @ $1.0889, JPY @ $106.8400, INR @ $66.6263

US GENERIC GOVT. 10-YEAR YIELD : 2.1501%

Today's Corporate Action
11th Nov  Ex Date


ICIL
Stock  Split From Rs.10/- to Rs.2/-
POLYMED
Interim Dividend ‎Rs 1.0000‎


Today's Key Result
11th Nov


SBI
TATA STEEL
BPCL
M&M
BANK BARODA
APOLLO HOSPITAL 
NATCO PHARMA 
SRF
Alkem Lab
Andhra Bank
Astra Zeneca
Dhanlaxmi Bank 
Excel
FAG Bearing
Gabriel India 
GE Shipping 
IPCA Labs
Liberty Shoes 
Lovable
Merck
Monte Carlo
Muthoot Finance 
On Mobile 
Rajesh Exports
Star Paper
Sun TV

Today's Data Alert


Nov 11: Index of Industrial Production for September, by CSO. 1730 IST.

Today's Global Data

Nov 11: US Securities and exchange commission closed meeting; 0100 IST

Nov 11: US October monthly treasury statement of the government's receipts and outlays; 0100 IST

Nov 11: US Foreign central bank holdings data; 0300 IST

Nov 11: US Money stock measures ; 0300 IST

Nov 11: US Federal discount window borrowings data; 0300 IST

Nov 11: Japan October Corporate goods price index data; 0520 IST

Nov 11: Japan September tertiary industry index data; 0100 IST

Nov 11: Germany October Consumer price index data; 1230 IST

Nov 11: Germany October Wholesale price index data; 1230 IST

Nov 11: EU October long term interest rate statistics; 1430 IST

Nov 11: US November University of Michigan's preliminary survey of
consumers; 2030 IST

Nov 11: US Institute of America's event with OECD secretary-general Gurria; 2230 IST

Nov 11: US Veterans day

Nov 11: US World Trade Organisation Director-General Azevedo to attend
events at ICC and BY school of Law in New York

Nov 11: Germany September balance of payments data

Thursday, 10 November 2016

L&T Tech Svcs Q2




Cons Net Profit at Rs 112 Cr Vs Rs 9.36 Cr YoY


Cons Total Income at Rs 838 Cr Vs Rs 797 Cr YoY

Aditya Birla Nuvo Q2




Cons Net Profit at Rs 283 Cr Vs Rs 322 Cr YoY


Cons Total Income at Rs 3,594 Cr Vs Rs 3,284 Cr YoY

Sun Pharma Q2

                    

Cons Profit At Rs 2235 Cr Vs CNBC-TV18 Poll Of Rs1,685 Cr, 

Cons Income At Rs 8,265 Cr Vs Poll Of Rs 7,772.8 Cr

Cons EBITDA At Rs 3,167.7 Cr Vs CNBC-TV18 Poll Of Rs 2,487 Cr, 

Cons EBITDA Margin At 38.3% Vs Poll Of 32%

Fortis Health Q2




Cons Net Profit at Rs 38.2 Cr Vs Rs 61.1 Cr YoY


Cons Total Income at Rs 1,196 Cr Vs Rs 1,079 Cr YoY

Bank Of India Q2


Net Profit At `126 Cr Vs CNBC-TV18 Poll Of `305.5 Cr Loss;

Gross NPA At 13.45% Vs 13.38% (QoQ)

Net NPA at 7.56% Vs 7.78% QoQ

Provisions at Rs 2,296 Cr Vs Rs 3,237 Cr YoY

Page Inds Q2



Net Profit at Rs 68.6 Cr Vs Rs 60.2 Cr YoY


Total Income at Rs 538 Cr Vs Rs 466 Cr YoY