NIFTY VIEW @ 09:08

Nifty 50 (7048)

Nifty has a major support and reversal zone  around (6860..6880)
It had hold and showed some positive move on Friday 12 Feb
Yesterday 15 Feb it again showed selling pressure but still has maintained its reversal signal 
Today if nifty breaks 7020..7040 zone we can see it falling again to 6944...6925...and the bounce back zone 6860..6880.

Any close below the bounce back zone 6880..6860 can take nifty to 6813...6730..6620

Maintains above 7020...7120 we can see 7240...7320

Market Update

Sgx Nifty +45 pts
‎Dow +222.57 pts ,Nsdq +98.44 , S&P +30.80 pts ‎, Bovespa  +854 pts , Ftse +37 pts , Dax -71 pts , Cac -4 pts , Nikkei  +60 pts , now, Crude @ $29.37brl (+0.33), Brent @ $32.18 (-1.21) , Gold @ $1202.90 (-5.30), Silver @ $15.28 (-0.05), Euro @ $1.1122, JPY @ $114.3000, INR @ $68.3825



Today's Corporate Action
17th Feb Ex Date


AMRUTANJAN
Interim Dividend - Rs. - 1.2000
ARCPR
Interim Dividend - Rs. - 3.0000
BERGEPAINT
Interim Dividend - Rs. - 0.6500
BHARATFORG
Interim Dividend - Rs. - 3.0000
CENTUM
Interim Dividend - Rs. - 1.0000
GULFOILLUB
Interim Dividend - Rs. - 3.0000
HGS
Interim Dividend - Rs. - 3.7500
IFCI
Interim Dividend - Rs. - 1.0000
MCCHRLS-B
Interim Dividend - Rs. - 10.0000
MOIL
Interim Dividend - Rs. - 3.0000
MOLDTEK
Stock  Split From Rs.10/- to Rs.2/-
MOLDTKPAC
Stock  Split From Rs.10/- to Rs.5/-
NICCOPAR
Interim Dividend - Rs. - 0.1500
PAGEIND
Interim Dividend - Rs. - 21.0000
PARTHAL
Reduction of Capital 
PRECWIRE
Interim Dividend - Rs. - 1.5000
PRIMAPLA
Interim Dividend - Rs. - 1.0000
RECLTD
Interim Dividend - Rs. - 12.0000
SUNTV
Interim Dividend - Rs. - 2.0000
SUPRAJIT
Interim Dividend - Rs. - 0.5000
TAKE
Interim Dividend - Rs. - 0.3000
TECHNO
Interim Dividend - Rs. - 3.0000
VIDHIDYE
Interim Dividend - Rs. - 0.2000

Today's Global Data


Feb 17: US December treasury international capital data; 0230 IST

Feb 17: Japan December orders received for machinery; 0520 IST

Feb 17: UK January Scottish retail sales monitor; 0531 IST

Feb 17: Japan January revised machine tool orders; 1130 IST

Feb 17: UK January unemployment figures; 1500 IST

Feb 17: European Union December construction output; 1530 IST

Feb 17: US MBA mortgage applications survey for week ended Feb 12; 1730 IST

Feb 17: US The Retail Economist/Goldman Sachs chain store sales index for
week   ended Feb 13; 1815 IST
‎
Feb 17: US January producer price index; 1900 IST

Feb 17: US January housing starts, building permits; 1900 IST

Feb 17: US Johnson Redbook retail sales index for week ended Feb 13; 1925
IST

Feb 17: US January industrial production, capacity utilisation; 1945 IST

Feb 17: US Oct-Dec retail e-commerce sales; 2030 IST

Feb 17: European Central Bank Governing Council non-monetary policy meeting

Economic Times

Business Standard

Ø  Supreme Court cracks the whip on bank NPAs, air routes

Ø  Iran invites India to invest in projects worth $8 bn

Ø  Gas cos oppose move to end monopoly rights

Ø  FDI inflows in the country improving: Sitharaman

Ø  Don't take back spectrum if cap changes: Trai

Ø  Tax collections reach 72% at Rs 5.74 lakh crore

Ø  Notice to Vodafone part of routine process: CBDT



Ø  Tata Motors & Bharat Forge tie up for $11-bn defence bid

Ø  Bank of Japan says negative rates would apply for $201 bn of reserves

Ø  PF interest revised upwards to 8.8% from existing 8.75%

Ø  RBI, SEBs to file AIR on remittances, power consumption

Ø  Egypt seeks to sign double taxation avoidance pact with India

Ø  HCL Tech wins $2.8 bn deal from Volvo, largest IT outsourcing deal in recent times

Business Line

Ø   COAI wants DoT to retain 'block' size at 20 MHz

Ø  Sensex to include firms only from ‘BSE 100’ from June

Ø  Small savings rates cut by 0.25 per cent 

Ø  I-T dept using technology to eliminate malpractices: Jaitley

Ø  PNB declares United Breweries Holdings as ‘wilful defaulter’

Ø  Punj Lloyd wins orders worth Rs. 2,070 cr in Oman  

Mint

Ø  Saudi Arabia, Russia agree to an oil output freeze

Ø  FTIL moves Bombay high court against merger order

Ø  Govt to tender solar power projects worth 4,431MW in February-March

Ø  Amazon to buy Emvantage Payments

Ø  Bharti Airtel revamps Africa operations

Ø  Sebi in talks with govt for tighter collective investment norms

Financial Express                

Ø  Sensex ends 362 pts down, Nifty50 settles below 7,050

Ø  Govt mulls hiking FDI cap in public sector banks to 49%

Ø  FPIs sell $367 million of Indian debt over last five sessions

Ø  Unmasking defaulters: Forcing RBI to give court defaulter names a good step

Ø  Banking stocks fall on rising NPA concerns



Financial Chronicle

Ø  M&As off to a slow start, deal tally slumps 50% over 2015

Ø  SBI's profits may take further hit in Q4: Bhattacharya

Ø  Govt to open 25 defence projects for private sector

Ø  MFs add nearly 6 lakh folios in January

Ø  Government to meet fiscal deficit targets: Citi

Ø  Poland to set up 2.7 MTPA coking coal plant in India

NIFTY VIEW @ 03:26

Nifty has lost all gains of yesterday and is closing with bearish engulfing.
Tomorrow if maintains below support zone of 7020..7040,
than we can see lower levels again..

CALL OF 16/02/2016 TUESDAY

@ 01:17

Low risk trade 
Buy Tata power around 58.40 sl 58
trgt 59.20/60

FIRST TRGT HIT

CALL OF 15/02/2016
@ 02:50

Crude if maintains above 2020, can show 2094 sl today's low [1851]

TRGT HIT

NIFTY VIEW @ 09:05

Nifty 50 if maintains today yesterday's gains we can see again good move above  7184 to 7260...7340 levels;

If trades below 7120 we can see 7040 again 

CLOSING AND MAINTAIN ABOVE 7020..7040 ZONE IS IMPORTANT TO KEEP THE REVERSAL INTACT.

Business Standard

Ø  Airtel, Reliance, oppose Trai directive to fix net speed

Ø  Govt keen to rope in Ratan Tata, NRN for Bank Board Bureau 

Ø  U K Sinha gets extension as Sebi Chairman

Ø  Business transactions in GIFT City to cross $1 billion by June

Ø  DoT permits sharing of active telecom infrastructure

Ø  FIPB clears 10 FDI proposals worth Rs 607 crore

Ø  Sebi tightens norms for MFs' exposure to riskier bonds



Ø  BoB might sell assets, tap foreign bond market

Ø  Tata to eye smaller diesel engines in wake of SC ban

Ø  BoB forex scam: RBI finds irregularities in banks' transactions

Ø  China exports, imports slump by double digits in January

Ø  Indian power and coal sector a $1 trillion investment opportunity by 2030: Piyush Goyal

Ø  USFDA finds data manipulation, norm violations at 3 Ipca plants

Ø  RBI's Raghuram Rajan says not in favour of devaluing exchange rate

Business Line

Ø  India to add 1,504 MW solar power capacity by March-end 

Ø  India's exports fall for 14th consecutive month

Ø  US FDA calls for uniform drug global regulatory norms

Ø  Biocon gets European nod for Rosuvastatin calcium tablets

Ø  PSU banks gain ground; shares surge up to 9% 

Ø  Oil marketing companies rally on strong results 

Mint

Ø  PM Modi calls all-party meet to save Budget session of Parliament

Ø  Reliance Jio partners with eight telecom companies across the world

Ø  SoftBank plans record $4.4 billion buyback after share slide

Ø  Listed banks’ NPAs surge by Rs1 trillion in December quarter

Ø  LafargeHolcim getting strong interest for India plants, says CEO

Financial Express                

Ø  Value buying, global cues help Sensex gain 568 points; BoB, Tata Steel shares surge

Ø  Japan economy shrinks more than expected

Ø  IOC, HPCL, BPCL shares surge upto 10% post Q3 numbers

Ø  Vedanta, Jindal Steel, Tata Steel gain upto 19% in Monday's trade



Financial Chronicle

Ø  Inflation cools to (-)0.9% in Jan as food prices ease

Ø  Probability of rate cut in the first half of CY16 is high

Ø  Irdai unveils corporate governance norms

Ø  IT highest-paying sector, manufacturing least: Study

Ø  Online platforms want EBP status for debt placement

Market Update

Sgx Nifty +7 pts
US Mkt Clsd, Bovespa  +284 pts , Ftse +116 pts , Dax +239 pts , Cac +120 pts , Nikkei  -102 pts , now, Crude @ $30.64 brl (+1.20), Brent @ $33.39 (+0.03) , Gold @ $1208.30 (-31.10), Silver @ $15.34 (-0.04), Euro @ $1.1174, JPY @ $114.4400, INR @ $68.06



Today's Corporate Action
16th Feb Ex Date


CARBORUNIV
Interim Dividend - Rs. - 1.0000
DCMSHRIRAM
Interim Dividend - Rs. - 1.2000
GAIL
Interim Dividend - Rs. - 2.5000
KKCL
Interim Dividend - Rs. - 8.0000
MAYURUNIQ
Interim Dividend - Rs. - 0.8500
PFC
Interim Dividend - Rs. - 4.5000
SJVN
Interim Dividend - Rs. - 0.6300
SUNCLAYLTD
Interim Dividend - Rs. - 21.0000
TVSSRICHAK
Interim Dividend - Rs. - 30.0000
‎


Today's Global Data


Feb 16: UK January producer prices; 1500 IST

Feb 16: UK December ONS house price index; 1500 IST

Feb 16: UK December CML lending trends; 1500 IST

Feb 16: UK January inflation figures; 1500 IST

Feb 16: Germany February ZEW indicator of economic sentiment; 1600 1530 IST

Feb 16: Federal Reserve Bank of Philadelphia President Harker to speak; 1900 IST

Feb 16: US February Empire State manufacturing survey; 1900 IST

Feb 16: US February NAHB housing market index; 2030 IST

Feb 16: German Chancellor Merkel meets European Commission President Tusk

Feb 16: European Union January new passenger car registrations

WEEKLY REPORT

                                                                            DATE: 15/02/2016                                                               

FUNDAMENTAL VIEW:

·        In the upcoming week, Macro data to dictate trend of the market, as the third-quarter earnings season comes to a close, stock markets would take cues from inflation data to be announced on Monday and are likely to see increased volatility.

·        The next major trigger for the market will be Railway and Union Budget 2016-17, to be announced later this month.

·        IIP and WPI data for January is also scheduled on Monday.

·        Market may have a partial impact on opening of Chinese markets on Monday, after a week-long gap.

·        Sinking to its lowest level in 21 months, Sensex on Thursday crashed 807 points to drop below 23,000-mark on concerns over global economy.

·        Remaining in the negative zone for the second month, industrial output in December shrank 1.3 per cent while retail inflation in January edged up to a 16-month high, prompting the industry to call for urgent policy action in the forthcoming Budget to spur revival.

TECHNICAL VIEW:

·        Nifty 50 has touched its strong support zone in positional charts (6861...6874) zone and has bounced though. It will be too early to say that its a pull back or reversal. So be careful now on short position.

·        If maintains above 6860...6880 [support zone], we can see good up move.

·        Closing above 7040-7030 level can confirm the reversal in Nifty. 

Economic Times

Business Standard

Ø  China’s Sany to invest $ 4 bn in India; aims top spot in construction gear mkt 

Ø  Relocate manufacturing base to India: Kant to Japan

Ø  India only economy not affected by global economic crisis: PM

Ø  Foodgrain output likely to increase to 253 mn tonnes in 15-16

Ø  Tata Steel SEZ to invest Rs 2,000 crore in infra

Ø  You can start factory in 15 days in India: Tata Steel

Ø  Gas prices may dip 17% to $3.15 in April



Ø  Corporate earnings take a knock in Q3

Ø  China says no basis for continued yuan fall

Ø  Birla, Mahindra bat for conglomerate business model

Ø  FTIL-NSEL merger: 96% objections 'orchestrated', says MCA

Ø  Govt may soon approve first ever capital goods policy

Ø  India to evolve into more stable investment destination: KPMG

Ø  Sahara to take back truckloads of documents from Sebi

Business Line

Ø  Jaitley hints at big banking reforms, but no full divestment from PSBs

Ø  RBI to go for 25 bps rate cut on Apr 5: BofA-ML

Ø  Auto sector wants excise on large cars to be reduced to 20%

Ø   ITC to invest Rs. 800 cr in Odisha for hotel, food park

Ø  Auto exports from India decline 19% in January 

Ø  ‘Implementation of 7th Pay Comm to impact govt’s fiscal math’

Mint

Ø  Centre says over Rs21,400 crore worth MoUs signed at Make In India event

Ø  Government confident of passing GST, real estate bills in budget session: Naidu

Ø  Essar Group promoter Ravi Ruia denied permission to visit London

Ø  Anil Agarwal to invest $10 billion in Maharashtra to set up LCD plant

Financial Express                

Ø  On-tap issue of bank licences soon: Raghuram Rajan

Ø  Gold trend says US Fed made policy mistake

Ø  Top 10 companies lose Rs 1.83 lakh crore in m-cap

Ø  Canara Bank Q3 net dives 87 per cent to Rs 85 crore

Ø  Taxman extends Cairn India share freeze

Ø  Service tax to be raised to 16% but with broader credit



Financial Chronicle

Ø  Buy back shares, pay higher dividends: FinMin to PSUs

Ø  Production fall, supply shortage likely to jack up sugar prices

Ø  Fixed maturity MFs out of favour as tax benefits cut

Ø  PSBs book highest ever loss of Rs 12k cr on NPA woes

Ø  Rubber rules low despite efforts to curb imports, support farmers

Ø  Trai to fix inter-connection charges for VoIP calls

Market Update

Sgx Nifty +46 pts
Dow +313.66 pts ,Nsdq +70.67 pts , S&P +35.70 pts, Bovespa  +489 pts , Ftse +170 pts , Dax +214 pts , Cac +98 pts , Nikkei  +602 , now, Crude @ $29.14 brl (-0.30), Brent @ $32.91 (+0.45) , Gold @ $1232.70 (-5.70), Silver @ $15.71 (-0.07), Euro @ $1.1228, JPY @ $113.5000, INR @ $68.2350



Today's Corporate Action
15th Feb Ex Date


CAPPL
Interim Dividend - Rs. - 2.5000‎
GESHIP
Interim Dividend - Rs. - 6.0000
HYDIND
Interim Dividend - Rs. - 7.5000
SRF
Interim Dividend - Rs. - 5.0000
STERTOOLS
Interim Dividend - Rs. - 5.0000
TUBEINVEST
Interim Dividend - Rs. - 1.5000

NMDC Q3

Net Profit At Rs 655 Cr Vs Rs 1,593 Cr (YoY)

Total Income At Rs 1,517 Cr Vs Rs 2,946 Cr (YoY)

CEAT Q3

Cons Net Profit +27.% At Rs 113.4 Cr Vs Rs 89.3 Cr (YoY)

Cons Total Income -2.1% At Rs 1,380 Cr Vs Rs 1,409.4 Cr (YoY)

Nestle Q4:

Net Profit At Rs 183.2 Cr Vs CNBC-TV18 Poll Of Rs 232 Cr

Total Income At Rs 1,959.4 Cr Vs CNBC-TV18 Poll Of Rs 2055 Cr

HPCL Q3

Net Profit At Rs 1,042 Cr

Total Income +3.4% At Rs 43,500.4 Cr Vs Rs 42,072.3 Cr (QoQ)

Sun TV Q3

Net Profit At Rs 216 Cr Vs CNBC-TV18 Poll Of Rs 229.3 Cr

Total Income At Rs 574.1 Cr Vs CNBC-TV18 Poll Of Rs 609 Cr

BPCL Q3

Net Profit At Rs 1,488.6 Cr Vs Rs 1,018 Cr (QoQ)

Total Income At Rs 46,666.6 Cr Vs Rs 46,473.6 Cr (QoQ)

IOC Q3

Net Profit At Rs.3,057 Cr Vs Loss Of Rs.329.2 Cr (QoQ)

Total Income At Rs.83,462 Cr Vs Rs.85,385 Cr (QoQ)

IDBI Bank Q3

Net Loss At Rs.2,184 Cr Vs Profit Of Rs.103 Cr (YoY)

Gross NPA At 8.94% Vs 6.92% (QOQ)

Net NPA At 4.6% Vs 3.16% (QoQ)

Sun Pharma Q3

Cons Net Profit At Rs.1,420 Cr Vs CNBC-TV18 Poll Of Rs.1,157.7 Cr

Cons Total Income At Rs.7,040 Cr Vs CNBC-TV18 Poll Of Rs.6,955 Cr

IFCI Q3

Net Profit At Rs.154 Cr Vs Rs.134 Cr (YoY)

NII -8% At Rs.260 Cr Vs Rs.283 Cr (YoY)

Canara Bank Q3

Net Profit At Rs.85 Cr Vs CNBC-TV18 Poll Of Rs.438 Cr

Gross NPA At 5.84% Vs 4.27 (QoQ) 

Net NPA At 3.9% Vs 2.9% (QoQ)

Adani Ports Q3

Net Profit At 645 Cr Vs CNBC-TV18 Poll Of Rs.571 Cr

Total Income At Rs.1,717 Cr Vs CNBC-TV18 Poll Of Rs.1,741 Cr

Apollo Hosp Q3

Net Profit At Rs.109.2 Cr Vs CNBC-TV18 Poll Of Rs.85 Cr

Total Income At Rs.1,380.5 Cr Vs CNBC-TV18 Poll Of Rs.1,250 Cr:

Andhra Bank Q3

Net Profit At Rs.34.6 Cr

Gross NPA At 7% Vs 5.7% (QoQ)

Net NPA At 3.9% Vs 2.95% (QoQ)

CALL OF 12/02/2016 FRIDAY

@ 09:41

Sell  LT  LTP 1068 with sl today's high[1106]

Trgt 1020

TRGT HIT

CALL OF 12/02/2016 FRIDAY

@ 10:57

Sell Nifty fut ltp 6983 sl 7040 trgt 6908

TRGT HIT

M&M Q3

Net Profit At Rs.808 Cr Vs CNBC-TV18 Poll Of Rs.960 Cr

Total Income At  Rs.11,008 Cr Vs Rs.9,427 Cr (YoY)

CALL OF 11/02/2016 THURSDAY

@ 10:11

Sell M&M fin ltp 200.80 intraday sl 205 

Positional sl 210 trgt 194/192/186

ALL TRGT HIT

CALL OF 11/02/2016 THURSDAY

@ 12:18

Sell LT fut ltp 1114 sl 1138 trgt 1094 / 1068

ALL TRGT HIT

CALL OF 11/02/2016 THURSDAY

@ 10:13

Sell Mindtree ltp 1470 sl 1494 trgt 1460/1440/1408

ALL TRGT HIT

NIFTY VIEW @ 09:13

Nifty 50  (6976)

Nifty has entered into a new lower zone below 7000 
7100..7240 will act as resistance.
In the past downtrend  nifty has mostly  taken support on 50 SMA on monthly charts  apart from the terrible  fall of 2008. 
In 2008 it had breached on 100 SMA 
Nifty mostly bounces back from these zones to its all time high
This time 50 sma zone lies around 6600..6700 zone 
Now the positional support for bounch back lies here 

The stiff resistance for the year as mentioned in our earlier yearly reports lies 8200..8400 zone 

THE BOUNCE ALSO TAKES NIFTY TO A NEW HIGH.

Market Update

Sgx Nifty +9 pts( 7002) Nifty Fut (6993)
Dow -254.56 pts ,Nsdq -16.76 pts , S&P -22.78 pts, Bovespa  -1060 pts , Ftse -135 pts , Dax -264 pts , Cac -164 pts , Nikkei  -287 , now, Crude @ $27.35 brl (+1.14), Brent @ $30.06 (-0.78) , Gold @ $1242.30 (-5.50), Silver @ $15.72 (+0.07), Euro @ $1.1326, JPY @ $112.1700, INR @ $68.30



Today's Corporate Action
12th Feb Ex Date


AARTIDRUGS
Interim Dividend - Rs. - 1.5000
AARTIIND
Interim Dividend - Rs. - 2.0000
HEXAWARE
Interim Dividend - Rs. - 2.4000
KALECONSUL
Interim Dividend - Rs. - 15.0000




Today's Key Result 
12th Feb


M&M (Cog Est Net 905cr -4% Yoy)
Sun Pharma ( Cog Cons Est Net 1214cr -15% Yoy)


Today's Data Alert

Feb 12: Index of Industrial Production for December, by CSO. 1730 IST

Feb 12: CPI Combined inflation for January, by CSO. 1730 IST



Today's Global Data


Feb 12: US money stock measures; 0300 IST

Feb 12: US Federal Discount Window Borrowings; 0300 IST

Feb 12: US foreign central bank holdings; 0300 IST

Feb 12: Meeting of eurozone finance ministers

Feb 12: Financial markets closed in Japan for National Foundation Day

Feb 12: Germany December Balance of Payments

Feb 12: Japan January electric power output data; 0730 IST

Feb 12: Germany Oct-Dec GDP; 1230 IST

Feb 12: Germany January Wholesale Price Index; 1230 IST

Feb 12: Germany January Consumer Price Index; 1230 IST

Feb 12: Eurozone Oct-Dec Flash estimate GDP; 1530 IST

Feb 12: Eurozone December industrial production; 1530 IST

Feb 12: US January import and export prices index; 1900 IST

Feb 12: US January advance monthly sales data for retail and food services;
1900 IST

Feb 12: US February University of Michigan Survey of Consumers; 2030 IST

Feb 12: US December manufacturing and trade data; 2030 IST

Feb 12: US Federal Reserve Bank of New York's Jan-Mar Household Debt and Credit Report launch; 2030 IST

Feb 12: German Chancellor Merkel meets UK PM Cameron for final endorsement
of EU reform deal

Feb 12: Eurozone ECOFIN meeting of finance ministers

Economic Times

Business Standard

Ø  Report liquidity drain in advance: Rajan to MNC banks 

Ø  Global benchmark index drop confirms bear market

Ø  RBI allows 3% more of SLR for LCR

Ø  'Cleaning bank books a priority over credit growth'

Ø  'Christine Lagarde is only candidate to head IMF'

Ø  Vodafone sees market shake-up with Reliance Jio entry

Ø  Daimler pours 2.6 bn euros on next gen diesel engine

Ø  Moody's downgrades Tata Steel credit rating



Ø  RIL U-turn on gas row; accepts Shah panel's role

Ø  Wipro makes first bold buy under Neemuchwala

Ø  ONGC Q3 net down 64% on crude slump, impairment loss

Ø  Odisha to commission 10-Mw solar power plant

Ø  Unions to press for 9% interest on PF deposits for FY16

Ø  Gold hits highest in two years on dovish Fed outlook

Ø  BSE urges govt for separate commodity segment on stock exchanges

Business Line

Ø  Ratify WTO trade facilitation pact soon, US envoy to India

Ø  TRAI recommends licence amendment to facilitate Net calls

Ø  Lanco Infra on turnaround path, posts ₹136 cr profit in Q3 

Ø  Coal India net profit up 14%

Ø  Tata Motors Q3 net profit down 2% on weak sales

Ø  TRAI recommends licence amendment to facilitate Net calls

Mint

Ø  Govt to lower interest rate on small saving schemes

Ø  Bhel posts Rs1,102 crore loss in Q3 on higher expenses, lower revenue

Ø  ST Telemedia set to buy Tata Communications Data Centre

Ø  Ashok Leyland Q3 profit surges six-fold to Rs198.63crore

Ø  Union Bank of India Q3 profit down 74% to Rs78.5 crore

Ø  Cisco beats profit estimates, adds $15 billion to buyback

Financial Express                

Ø  Bloodbath at D-Street: Sensex tanks 807 points, Nifty settles at 6,976; 

Ø  Centre yet to decide on allowing FDI in ecommerce: DIPP

Ø  Maruti Suzuki Ignis to be sold through Nexa dealerships

Ø  Janet Yellen says global risks could pose threat to US growth

Ø  Deep surgery needed to clean up balance sheets: Raghuram Rajan



Financial Chronicle

Ø  Re ends at fresh 29-mth low of 68.30, down 45 paise

Ø  Employees may soon get option to choose between PF, NPS

Ø  Govt to link savings deposit terms to market rates

Ø  Racold to launch solar water heaters

Ø  WGC feels gold demand will be better this year

Ø  Irdai breaks nexus of insurers-motor dealers

CALL OF 10/02/2016 WEDNESDAY

@ 02:16

Sell Crude ltp 1947 sl 1988 trgt 1874/1820

ALL TRGT HIT

Made low of 1811

ONGC Q3

Net Profit At Rs 1,285.6 Cr Vs CNBC-TV18 Poll Of Rs 3,500 Cr

Total Income -10.5% At Rs 18,498 Cr Vs Rs 20,679 Cr (QoQ)

BHEL Q3:

Net Loss At Rs 1,102 Cr Vs Profit Of Rs 212.6 Cr (YoY)

Total Income At Rs 5,325.6 Cr Vs CNBC-TV18 Poll Of Rs 6,248 Cr

Coal India Q3

Cons Net Profit At Rs 3,718 Cr Vs CNBC-TV18 Poll Of Rs 3,515 Cr

Cons Net Sales At Rs 18,971.5 Cr Vs CNBC-TV18 Poll Of Rs 19,438 Cr

Other Income At Rs 1,354 Cr VsRs 1,634.4 Cr (YoY)

Wockhardt Q3

Cons Net Profit At Rs 61 Cr Vs Rs 347 Cr (YoY)

Cons Total Income -22% At Rs 1,075.8 Cr Vs Rs 1,382 Cr (YoY)

Hero Moto

Net Profit At Rs 796 Cr

Total Income At Rs 7,295 Cr Vs CNBC-TV18 Poll Of Rs 7,241 Cr

Ashok Leyland Q3

Net Profit At Rs.198.6 Cr Vs CNBC-TV18 Poll Of Rs.195 Cr

Total Income At Rs.4,085 Cr Vs CNBC-TV18 Poll Of Rs.4,250 Cr

Tata Motors Q3

Cons Net Profit At Rs.3,508 Cr Vs CNBC-TV18 Poll Of Rs.3,100 Cr

Cons Total Income At Rs.72,256 Cr Vs CNBC-TV18 Poll Of Rs.72,800 Cr

Jubilant Food Q3

Net Profit At Rs.31.7 Cr VS CNBC-TV Poll Of Rs.39 Cr

Total Income At Rs.634 Cr Vs CNBC-TV18 Poll Of Rs.663 Cr

CALL OF 28/01/2016 THURSDAY

@ 10:44


Positional call 

Rcom feb fut 
Sell ltp 62.80 sl 64 short term and 67 on closing basis

Trgt 52

TRGT HIT

CALL OF 11/02/2016 THURSDAY

@ 10:13

Sell Mindtree ltp 1470 sl 1494
trgt 1460/1440/1408

SECOND TRGT HIT

Indian Bank Q3

Net Profit At Rs.42.3 Cr Vs Rs.277.5 cr (YoY)

Gross NPA At 5.61% Vs 4.61% (QoQ) 

Net NPA At 3.17% Vs 2.6% (QoQ)

Voltas Q3

Cons Net Profit At Rs.54.2 Cr Vs CNBC-TV18 Poll Of Rs.61 Cr

Total Income At Rs.1,308 Cr Vs CNBC-TV18 Poll Of Rs.1,358 Cr

United Bank Q3

Net Profit At Rs.17 Cr Vs Rs.41.8 Cr (YoY)

Gross NPA At 9.57% Vs 8.9% (QoQ)

Net NPA At 5.91% Vs 5.61 (QoQ)

AB Nuvo Q3

Cons Net Profit At Rs.397.5 Cr Vs Rs.368 Cr (YoY)

Cons Net Profit At Rs.397.5 Cr Vs Rs.368 Cr (YoY)

Bank Of India Q3

Net Loss At Rs.1,510 Cr Vs Profit Of Rs.173.4 cr (YoY)

Net NPA At 5.25% Vs 4.31% (QoQ)

Gross NPA At 9.18% Vs 7.55% (QoQ)

NII -2.6% At 2,708 Cr Vs Rs.2,780 Cr (YoY)

Page Ind Q3

Net Profit At Rs.52 Cr Vs CNBC-TV18 Poll Of Rs.58 Cr

Total Income At Rs.440 Cr Vs CNBC-TV18 Poll Of Rs.453.3 Cr

SBI Q3

Net Profit At Rs 1115 Cr Vs CNBC-TV18 Poll Of Rs 3,250 Cr

Gross NPA At Rs.72,791 Vs Rs.56,834 Cr (QoQ)

Net NPA At Rs.40,249 Cr Vs Rs.28,592 Cr (QoQ)

NII At Rs.13,606 Cr Vs CNBC-TV18 Poll Of Rs.14,375 Cr (YoY)

Union Bank Q3

Net Profit At Rs.78.5 Cr Vs Rs.302.4 Cr (YoY)

Net NPA At 4.07% Vs 3.39% (QoQ)

Gross NPA At 7.05% Vs 6.12% (QoQ)

NII At Rs.1,996 Cr Vs CNBC-TV18 Poll Of Rs.2,150 Cr

OBC Q3

Net Loss At Rs.425 Cr

Gross NPA At 7.75% Vs 5.7% (QoQ)

Net NPA At 4.99% Vs 3.55% (QoQ)

NII +1% At Rs.1,309.3 Cr Vs Rs.1,297.5 Cr (YoY)

CALL OF 11/02/2016 THURSDAY

@ 10:58

Sell Nifty fut ltp 7177 nearest sl 7190 trgt 7148 
Positional sl 7220 trgt 7120

FIRST TRGT HIT

CALL OF 11/02/2016 THURSDAY

@ 10:11

Sell M&M fin ltp 200.80 intraday sl 205 

Positional sl 210 trgt 194/192/186


MADE A LOW OF 192

SECOND TRGT DONE

CALL OF 11/02/2016 THURSDAY

@ 10:13

Sell Mindtree ltp 1470 sl 1494 trgt 1460/1440/1408

FIRST TRGT HIT

MADE A LOW OF 1456

NIFTY VIEW @ 09:17

Nifty 50 (7215)

Nifty has closed below its 52 week low of 7241 .
Nifty has entered again in a new territory of selling zone until any close above 7300 .
We can see 7140/7120 zone

Market Update

Sgx Nifty -66 pts
Dow -99.64 pts ,Nsdq +14.83 pts , S&P -0.35 pts, Bovespa  -215 pts , Ftse +40 pts , Dax +137 pts , Cac +60 pts , Nikkei  Clsd , now, Crude @ $27.41 brl (-0.04), Brent @ $30.84 (+0.52) , Gold @ $1199.50 (+4.90), Silver @ $15.35 (+0.06), Euro @ $1.1284, JPY @ $113.3100, INR @ $67.8550



Today's Corporate Action
11th Feb Ex Date


BANCOINDIA
Interim Dividend - Rs. - 0.6000
CUMMINSIND
Interim Dividend - Rs. - 5.0000
DAMOTH
Interim Dividend - Rs. - 1.5000
GMM
Interim Dividend - Rs. - 0.7000
GREAVESCOT
Interim Dividend - Rs. - 4.5000
HINDPETRO
Interim Dividend - Rs. - 11.5000
ISGEC
Interim Dividend - Rs. - 10.0000
JMFINANCIL
Interim Dividend - Rs. - 0.6000
MOTILALOFS
Interim Dividend - Rs. - 2.0000
NEYVELILIG
Interim Dividend - Rs. - 1.5000
PDUMJEIND
Spin Off 
PDUMJEPULP
Spin Off 
SHARDA
Interim Dividend - Rs. - 6.2500
TORNTPHARM
Interim Dividend - Rs. - 20.0000

Today's Key Result 
11th Feb

Bpcl,Coal Ind, Hero Mot,Ongc, SBI,Tata Motors

Today's Global Data

Feb 11: US Jan monthly treasury statement of government receipts and
outlays; 0050 IST

Feb 11: UK January RICS residential market survey of house prices; 0531 IST

Feb 11: US IMF Managing Director nomination period closes; 1129 IST

Feb 11: UK Oct-Dec mortgage and landlord possession statistics; 1500 IST

Feb 11: UK Oct-Dec CML quarterly arrears and repossessions data; 1500 IST

Feb 11: US weekly export sales data; 1900 IST

Feb 11: US unemployment insurance weekly claims for week ended Feb 6; 1900 IST

Feb 11: US Bloomberg Consumer Comfort Index; 2015 IST

Feb 11: US Treasury Secretary Lew testifies to House Ways and Means
Committee on 2016-17 budget; 2030 IST

Feb 11: US Federal Reserve Chair Janet Yellen presents monetary policy
report to US Senate Banking Committee; 2030 IST

Feb 11: US EIA weekly natural gas storage report for week ended Feb 5; 2100
IST