Nifty 50 (7604)

Nifty has showed a good move last week and now it is around its stiff resistance zone 7600....7620..
BE CAUTIOUS
But if this zone is crossed rally of 300..340..380 points around is sure 
If fails to maintain up we can see it falling around its support zone 7580...7550..7520..

Positional sl is 7400 for the rally on closing basis

Nifty 50 (7512)

Nifty has formed a stiff resistance zone around 7500..7600 
To catch uptrend it has to trade above 7620..7640 on closing basis 

Support zone lies around 7400..7500 

Any close below 7400, nifty can show 7350..7200

Close above 7620..7640 zone can give a move of points 
7900 zone

Market Update

Sgx Nifty +48 pts
‎Dow +155.73 pts ,Nsdq +11.01 pts , S&P +13.37 pts ‎, Bovespa  +3150 pts , Ftse +25 pts , Dax -91 pts , Cac -20 pts , Nikkei  -290 pts , now, Crude @ $41.54 brl (+1.21), Brent @ $40.81 brl (+0.48) , Gold @ $1259.10 (-5.90), Silver @ $15.95 (-0.08), Euro @ $1.1312, JPY @ $111.3800, INR @ $66.7462



Today's Corporate Action
18th Mar Ex Date



ALKEM
Interim Dividend - Rs. - 9.7000
AMBIKCO
Interim Dividend - Rs. - 15.0000
AMRUTANJAN
Interim Dividend - Rs. - 2.6500
BEARDSELL
Interim Dividend - Rs. - 1.2000
BHARATFORG
Interim Dividend - Rs. - 4.0000
CUB
Interim Dividend - Rs. - 1.0000
ECOPLAST
Interim Dividend - Rs. - 1.5000
HOPFL
Interim Dividend - Rs. - 2.5000
IBULHSGFIN
Interim Dividend - Rs. - 9.0000
KIRLOSENG
Interim Dividend - Rs. - 5.0000
KUSHAL
Interim Dividend - Rs. - 1.2000
MENNPIS
Interim Dividend - Rs. - 4.0000
MOLDTEK
Interim Dividend - Rs. - 0.6000
MOLDTKPAC
Interim Dividend - Rs. - 2.0000
NAUKRI
Interim Dividend - Rs. - 2.0000
PIDILITIND
Interim Dividend - Rs. - 3.6500
RAMCOCEM
Interim Dividend - Rs. - 3.0000
RAMCOIND
Interim Dividend - Rs. - 0.5000
SANDESH
Interim Dividend - Rs. - 5.0000
SAVERA
Interim Dividend - Rs. - 1.2000
TVSSRICHAK
Interim Dividend - Rs. - 30.0000
WEIZFOREX
Interim Dividend - Rs. - 7.5000
WEIZMANIND
Interim Dividend - Rs. - 0.500



Today's Data Alert


Mar 18: CPI for rural and farm labourers for February, by Labour Bureau.

Mar 18: WMA and forex reserves as on Mar 11, by RBI.




Today's Global Data


Mar 18: US foreign central bank holdings; 0300 IST

Mar 18: US Federal discount window borrowings; 0300 IST

Mar 18: US money stock measures; 0300 IST

Mar 18: Bank of Japan monetary policy meeting minutes; 0620 IST

Mar 18: UK February Knight Frank house price sentiment index; 0631 IST

Mar 18: Japan February steel production data; 1130 IST

Mar 18: Japan February nationwide department store sales data; 1200 IST

Mar 18: Japan February Tokyo area department store sales data; 1200 IST

Mar 18: UK February capital issuance data; 1600 IST

Mar 18: Bank of England Oct-Dec statistics on UK banks external claims

Mar 18: Eurozone Oct-Dec labour cost index; 1600 IST

Mar 18: Bank of England's Jan-Mar bulletin; 1830 IST

Mar 18: US January metropolitan area employment and unemployment data; 2030
IST

Mar 18: US March University of Michigan's survey of consumers; 2030 IST

Mar 18: Eurozone summit to conclude

Economic Times

Business Standard

Ø  Fed holds rates steady | Full text of Fed statement

Ø  Sector funds beat diversified peers in 10-year SIP returns

Ø  Blackstone leads the race to acquire Mphasis

Ø  Emerging debt swelled $1.6 tn in 2015, poses risks

Ø  Offshore funds can take advance ruling from CBDT

Ø  Russia's Rosneft to buy 49% stake in Essar Oil

Ø  Natural rubber imports drop 11.7% y/y in February: Board

Ø  Trade body cuts cotton output estimate to 34.5 mn bales



Ø  LSE and Deutsche Börse seal $30-bn trading tie-up

Ø  Tata Group defence business expected to have 7.5% growth

Ø  Gas-based power plants forego subsidy in reverse auction

Ø  Safeguard duty on hot-rolled steel imports extended until March 2018

Ø  Ruia-owned Essar Steel to double EBITDA in FY17

Ø  US inflation pushing higher; housing market firming

Ø  Finance ministry body recommends steel import duties

Business Line

Ø  ‘India has to open up economy, free currency’

Ø  SEBI asks MFs to consolidate similar schemes for ease of investors 

Ø  SAARC Business Travelers’ Card expected by May

Ø  Tata Motors bags hybrid buses order from MMRDA

Ø   Auto loan delinquency rate to improve in 2016, says Moody’s

Ø  Move for regulatory body to oversee export standards 

Mint

Ø  Rosneft sells stakes in two Siberian oil fields to Indian firms

Ø  Lok Sabha passes Aadhar Bill rejecting Rajya Sabha recommendations

Ø  Vijay Mallya’s overseas assets come under ED, CBI scanner

Ø  BofA sees Raghuram Rajan pouring in funds as India’s cash crunch worsens

Ø  Reliance Infra-backed discoms say under ‘huge financial stress’

Ø  Banks see a plunge in advance tax payments as NPAs bite

Financial Express                

Ø  Sensex ends 131 points up in last hour rally, Nifty  at 7,499

Ø  Petrol turns dearer by Rs 3.07 a litre, diesel up Rs 1.90

Ø  Mini Cooper Convertible priced at Rs 34.9 lakh in India - Launched

Ø  Investments via P-Notes declined in last decade

Ø  Visa Steel to turn NPA in banks' books



Financial Chronicle

Ø  CAD may narrow to 0.7% of GDP in FY16: Nomura

Ø  Gamesa bags 20-mw solar power order in Sri Lanka

Ø  PSUs to get 16 coal mines for commercial mining

Ø  Nepal, China to sign trade treaty, fuel agreement

Ø  Real estate bill to safeguard rights of home buyers: CII

Ø  New CBDT rules to boost fund mgmt sector in India

CALL OF 16/03/2016 WEDNESDAY

@ 01:37

Buy nifty ltp 7464 

sl 7400

Trgt 7600 on closing basis

TRGT HIT

CALL OF 15/03/2016 TUESDAY

@ 12:40

Buy Tata Steel ltp 298 

sl 292 

trgt 305

TRGT HIT

MADE A HIGH OF 305.50

CALL OF 16/03/2016 WEDNESDAY

@ 03:15

Buy SBI ltp 185 

sl 183.40 

trgt 188.80

MADE A HIGH OF 188.95

TRGT HIT

NIFTY VIEW @ 09:05

Nifty 50 (7498)

As mentioned earlier in our reports we can see 7600 

Today we can see it and a gap up opening too as sgx is trading too higher

CLOSE ABV 7620..7640 ZONE CAN SHOW 7900..7940..8000

SUPPORT 7400 SL

Business Standard

Ø  Fed holds rates steady | Full text of Fed statement

Ø  Sector funds beat diversified peers in 10-year SIP returns

Ø  Blackstone leads the race to acquire Mphasis

Ø  Emerging debt swelled $1.6 tn in 2015, poses risks

Ø  Offshore funds can take advance ruling from CBDT

Ø  Russia's Rosneft to buy 49% stake in Essar Oil

Ø  Natural rubber imports drop 11.7% y/y in February: Board

Ø  Trade body cuts cotton output estimate to 34.5 mn bales



Ø  LSE and Deutsche Börse seal $30-bn trading tie-up

Ø  Tata Group defence business expected to have 7.5% growth

Ø  Gas-based power plants forego subsidy in reverse auction

Ø  Safeguard duty on hot-rolled steel imports extended until March 2018

Ø  Ruia-owned Essar Steel to double EBITDA in FY17

Ø  US inflation pushing higher; housing market firming

Ø  Finance ministry body recommends steel import duties

Business Line

Ø  ‘India has to open up economy, free currency’

Ø  SEBI asks MFs to consolidate similar schemes for ease of investors 

Ø  SAARC Business Travelers’ Card expected by May

Ø  Tata Motors bags hybrid buses order from MMRDA

Ø   Auto loan delinquency rate to improve in 2016, says Moody’s

Ø  Move for regulatory body to oversee export standards 

Mint

Ø  Rosneft sells stakes in two Siberian oil fields to Indian firms

Ø  Lok Sabha passes Aadhar Bill rejecting Rajya Sabha recommendations

Ø  Vijay Mallya’s overseas assets come under ED, CBI scanner

Ø  BofA sees Raghuram Rajan pouring in funds as India’s cash crunch worsens

Ø  Reliance Infra-backed discoms say under ‘huge financial stress’

Ø  Banks see a plunge in advance tax payments as NPAs bite

Financial Express                

Ø  Sensex ends 131 points up in last hour rally, Nifty  at 7,499

Ø  Petrol turns dearer by Rs 3.07 a litre, diesel up Rs 1.90

Ø  Mini Cooper Convertible priced at Rs 34.9 lakh in India - Launched

Ø  Investments via P-Notes declined in last decade

Ø  Visa Steel to turn NPA in banks' books



Financial Chronicle

Ø  CAD may narrow to 0.7% of GDP in FY16: Nomura

Ø  Gamesa bags 20-mw solar power order in Sri Lanka

Ø  PSUs to get 16 coal mines for commercial mining

Ø  Nepal, China to sign trade treaty, fuel agreement

Ø  Real estate bill to safeguard rights of home buyers: CII

Ø  New CBDT rules to boost fund mgmt sector in India

Market Update

Sgx Nifty +73 pts
‎Dow +74.23 pts ,Nsdq +35.30 pts , S&P 11.29 pts ‎, Bovespa  +633 pts , Ftse +35 pts , Dax +49 pts , Cac -9 pts , Nikkei  +191 pts , now, Crude @ $38.84 brl (+0.38), Brent @ $40.81 brl (+0.48) , Gold @ $1262.00 (+32.00), Silver @ $15.63 (+0.41), Euro @ $1.1209, JPY @ $112.8900, INR @ $67.2350



Today's Corporate Action
17th Mar Ex Date


MANINFRA
Interim Dividend - Rs. - 0.9900
AEGISLOG
Interim Dividend - Rs. - 0.3000
AIAENG
Interim Dividend - Rs. - 8.0000
AIAENG
Special Dividend - Rs. - 10.0000
AJANTPHARM
Interim Dividend - Rs. - 8.0000
APMIN
Interim Dividend - Rs. - 2.0000
ARIHCAPM
Interim Dividend - Rs. - 0.7500
ASTRAL
Interim Dividend - Rs. - 0.2500
ATHARVENT
Bonus issue 1:1
BAJAJELEC
Interim Dividend - Rs. - 2.8000
BIOCON
Interim Dividend - Rs. - 5.0000
BODALCHEM
Interim Dividend - Rs. - 0.4000
BOROSIL
Interim Dividend - Rs. - 25.0000
CADILAHC
Interim Dividend - Rs. - 3.2000
CARBORUNIV
Interim Dividend - Rs. - 0.5000
CCL
Interim Dividend - Rs. - 1.5000
CESC
Interim Dividend - Rs. - 10.0000
CHEMBOND
Interim Dividend - Rs. - 3.0000
CHEVIOT
Interim Dividend - Rs. - 17.0000
CUPID
Interim Dividend - Rs. - 2.0000
DEEPAKFERT
Interim Dividend - Rs. - 5.0000
DHFL
Interim Dividend - Rs. - 3.0000
DISHMAN
Interim Dividend - Rs. - 2.0000
DIVISLAB
Interim Dividend - Rs. - 10.0000
EDELWEISS
Interim Dividend - Rs. - 0.2500
EIHAHOTELS
Interim Dividend - Rs. - 3.0000
EIHOTEL
Interim Dividend - Rs. - 1.1000
ELDEHSG
Interim Dividend - Rs. - 10.0000
ELIXIR
Interim Dividend - Rs. - 1.2500
EMPIND
Interim Dividend - Rs. - 20.0000
FDC
Interim Dividend - Rs. - 2.2500
FIEMIND
Interim Dividend - Rs. - 5.0000
FORCEMOT
Interim Dividend - Rs. - 10.0000
GESHIP
Interim Dividend - Rs. - 7.5000
GUJFLUORO
Interim Dividend - Rs. - 3.5000
HESTERPH
Interim Dividend - Rs. - 3.0000
HINDPETRO
Interim Dividend - Rs. - 7.0000
IMPAL
Interim Dividend - Rs. - 6.5000
INDIANHUME
Interim Dividend - Rs. - 3.0000
INDIANHUME
Special Dividend - Rs. - 0.2000
INDOCO
Interim Dividend - Rs. - 1.4000
JBCHEPHARM
Interim Dividend - Rs. - 4.5000
JENBURPH
Interim Dividend - Rs. - 6.3000
JYOTHYLAB
Interim Dividend - Rs. - 4.0000
KCP
Interim Dividend - Rs. - 1.0000
KIRLFER
Interim Dividend - Rs. - 1.2500
KKCL
Interim Dividend - Rs. - 7.0000
KOTHARIPRO
Interim Dividend - Rs. - 3.0000
KRBL
Interim Dividend - Rs. - 1.9000
KRITIIND
Interim Dividend - Rs. - 0.1800
KRITINUT
Interim Dividend - Rs. - 0.1200
LOVABLE
Interim Dividend - Rs. - 1.5000
LUMAXIND
Interim Dividend - Rs. - 12.0000‎
LUMAXTECH
Interim Dividend - Rs. -4.7000
MARICO
Interim Dividend - Rs. - 1.0000
MEGH
Interim Dividend - Rs. - 0.3000
MENONBE
Interim Dividend - Rs. - 1.0000
MUNJALAU
Interim Dividend - Rs. - 1.4000
MUTHTFN
Interim Dividend - Rs. - 5.5000
NOIDATOLL
Interim Dividend - Rs. - 1.5000
OBEROIREAL
Interim Dividend - Rs. - 2.0000
OMMETALS
Interim Dividend - Rs. - 0.3000
PEL
Interim Dividend - Rs. - 17.5000
PERSISTENT
Interim Dividend - Rs. - 3.0000
PHOENIXLTD
Interim Dividend - Rs. - 1.7500
POLYMED
Interim Dividend - Rs. - 2.5000
PRAJIND
Interim Dividend - Rs. - 1.6200
RANEHOLDIN
Interim Dividend - Rs. - 10.0000
RATNAMANI
Interim Dividend - Rs. - 5.5000
RBL
Interim Dividend - Rs. - 10.0000
RELIANCE
Interim Dividend - Rs. - 10.5000
RESPONIND
Interim Dividend - Rs. - 0.1000
RICOAUTO
Interim Dividend - Rs. - 0.5000
RML
Interim Dividend - Rs. - 4.5000
RUSHIL
Interim Dividend - Rs. - 0.5000
SAKUMA
Interim Dividend - Rs. - 1.0000
SAMKRG
Interim Dividend - Rs. - 4.0000
SARDAEN
Interim Dividend - Rs. - 2.0000
SHARDUL
Interim Dividend - Rs. - 0.6000
SHK
Interim Dividend - Rs. - 1.5000
SHOPERSTOP
Interim Dividend - Rs. - 0.7500
SHREECEM
Interim Dividend - Rs. - 12.0000
SKPSEC
Interim Dividend - Rs. - 1.0000
SUKHJITS
Interim Dividend - Rs. - 5.0000
SUNDARMFIN
Interim Dividend - Rs. - 5.5000
SUNDRMFAST
Interim Dividend - Rs. - 1.3000
SYMPHONY
Interim Dividend - Rs. - 20.0000
SYNGENE
Interim Dividend - Rs. - 1.0000
TATAINVEST
Interim Dividend - Rs. - 17.0000
TIIL
Interim Dividend - Rs. - 3.0000
TIRUMALCHM
Interim Dividend - Rs. - 6.0000
TORNTPOWER
Interim Dividend - Rs. - 4.5000
TRENT
Interim Dividend - Rs. - 9.0000
TTKPRESTIG
Interim Dividend - Rs. - 27.0000
TVSMOTOR
Interim Dividend - Rs. - 1.5000
UFO
Interim Dividend - Rs. - 5.0000
UJAAS
Interim Dividend - Rs. - 0.0750
UNICHEMLAB
Interim Dividend - Rs. - 2.0000
VGUARD
Interim Dividend - Rs. - 4.5000
VIRATCRA
Interim Dividend - Rs. - 0.5000
VISAKAIND
Interim Dividend - Rs. - 3.0000
VTL
Interim Dividend - Rs. - 15.0000
VTMLTD
Interim Dividend - Rs. - 0.7500
WIMPLAST
Interim Dividend - Rs. - 12.0000
WONDERLA
Interim Dividend - Rs. - 1.5000
ZFSTEERING
Interim Dividend - Rs. - 12.5000




Today's Global Data


Mar 17: European Central Bank President Draghi's to speak at the
 contemporary art from Poland exhibition; 0030 IST

Mar 17: US Federal Reserve economic projections; 0030 IST

Mar 17: US Federal Reserve's interest rate decision, followed by Chair
Yellen's   press briefing; 0030 IST
‎
Mar 17: Japan February provisional trade statistics; 0620 IST

Mar 17: Bank of Japan Governor Kuroda to speak; 1300 IST

Mar 17: UK February CML mortgage lending figures; 1600 IST

Mar 17: Eurozone January foreign trade data; 1630 IST

Mar 17: Eurozone February harmonised consumer price index data; 1630 IST

Mar 17: Bank of England's March monetary policy committee meeting minutes;1830 IST

Mar 17: UK March interest rate decision; 1830 IST

Mar 17: US March Philadelphia Fed business outlook survey; 1900 IST

Mar 17: US Oct-Dec international transactions; 1900 IST

Mar 17: US unemployment insurance claims report for week ended Mar 12; 1900
IST

Mar 17: US weekly export sales report; 1900 IST

Mar 17: International Monetary Fund press briefing with Communications   Department's Director Rice; 2000 IST

Mar 17: US February leading indicators; 2030 IST

Mar 17: US January job openings and labour turnover survey; 2030 IST

Mar 17: US EIA natural gas storage report for week ended Mar 11; 2100 IST

Mar 17: Eurozone summit

Mar 17: UK Shadow Chancellor to respond to Wednesday's Budget statement

Mar 17: European systemic risk general board meeting

m Dividend - Rs. - 9.0000
TTKPRESTIG
Interim Dividend - Rs. - 27.0000
TVSMOTOR
Interim Dividend - Rs. - 1.5000
UFO
Interim Dividend - Rs. - 5.0000
UJAAS
Interim Dividend - Rs. - 0.0750
UNICHEMLAB
Interim Dividend - Rs. - 2.0000
VGUARD
Interim Dividend - Rs. - 4.5000
VIRATCRA
Interim Dividend - Rs. - 0.5000
VISAKAIND
Interim Dividend - Rs. - 3.0000
VTL
Interim Dividend - Rs. - 15.0000
VTMLTD
Interim Dividend - Rs. - 0.7500
WIMPLAST
Interim Dividend - Rs. - 12.0000
WONDERLA
Interim Dividend - Rs. - 1.5000
ZFSTEERING
Interim Dividend - Rs. - 12.5000




Today's Global Data


Mar 17: European Central Bank President Draghi's to speak at the
 contemporary art from Poland exhibition; 0030 IST

Mar 17: US Federal Reserve economic projections; 0030 IST

Mar 17: US Federal Reserve's interest rate decision, followed by Chair
Yellen's   press briefing; 0030 IST
‎
Mar 17: Japan February provisional trade statistics; 0620 IST

Mar 17: Bank of Japan Governor Kuroda to speak; 1300 IST

Mar 17: UK February CML mortgage lending figures; 1600 IST

Mar 17: Eurozone January foreign trade data; 1630 IST

Mar 17: Eurozone February harmonised consumer price index data; 1630 IST

Mar 17: Bank of England's March monetary policy committee meeting minutes;1830 IST

Mar 17: UK March interest rate decision; 1830 IST

Mar 17: US March Philadelphia Fed business outlook survey; 1900 IST

Mar 17: US Oct-Dec international transactions; 1900 IST

Mar 17: US unemployment insurance claims report for week ended Mar 12; 1900
IST

Mar 17: US weekly export sales report; 1900 IST

Mar 17: International Monetary Fund press briefing with Communications   Department's Director Rice; 2000 IST

Mar 17: US February leading indicators; 2030 IST

Mar 17: US January job openings and labour turnover survey; 2030 IST

Mar 17: US EIA natural gas storage report for week ended Mar 11; 2100 IST

Mar 17: Eurozone summit

Mar 17: UK Shadow Chancellor to respond to Wednesday's Budget statement

Mar 17: European systemic risk general board meeting


Mar 17: European Central Bank's 

NIFTY VIEW @ 09:15

NIFTY VIEW @ 09:15

Nifty 50 (7460)


Strong support zone in nifty is 7400...7440 if holds it can again catch its uptrend to touch 7600
Break of 7440 can show a dip of 7400...7370..7380 zone too

If these supports break on closing basis nifty will again enter in a selling pressure zone to show 7350..7200

To catch uptrend 7620 cross over on closing basis is imp

For a rally of 340..380 points

Economic Times

Business Standard

Ø  On Mallya trail, ED lens on his dad's offshore trust

Ø  FinMin to meet recovery officers of PSBs next wk

Ø  Falling exports, high deficits affect India rating: JCR

Ø  Over Rs 1 lakh crore disbursed under MUDRA Yojana

Ø  Indian workers face deportation under new UK immigration law

Ø  Sebi allows FPIs to invest in REITs under default

Ø  Agriculture sector grows by 1.6% in first 4 years of 12th Five Year Plan



Ø  Cairn Energy gets over Rs 29,000-cr tax demand

Ø  Prominent people hiding income as agri money: Govt

Ø  Sovereign, pension funds may invest $50 billion in India: Report

Ø  Sebi gets cracking on scheme mergers

Ø  Government rules out loan waiver to sugar mills

Ø  Adani gets Queensland backing for Australian coal project

Ø  Govt's red signal for new two-wheeler models in Delhi

Ø  ARCs to face capital challenges despite Budget booster

Business Line

Ø  Reliance Defence, France’s Sagem team up to develop tracking systems 

Ø  Expert seeks more budgetary provision to strengthen banks 

Ø  HAL to manufacture Russian KAMOV Ka-226T helicopters

Ø  Steel market improving after MIP policy: RINL CMD 

Ø  NCC to divest stake in Krishnapatnam power plant to Sembcorp Utilities for Rs. 352 cr

Ø  Oil prices fall as clouds gather over supply picture

Mint

Ø  PSU banks write off 38 accounts worth Rs8,033 crore

Ø  Oldest nuclear reactors at Tarapur near Mumbai may be shut down

Ø  Kingfisher Airlines brand valuer Grant Thornton now in dock

Ø  SpiceJet to pass board resolution within 3 days for issuance of warrants: HC

Ø  P&G India may challenge government ban on Vicks Action 500 Extra

Financial Express                

Ø  Sensex slips 253 points ahead of US Fed meet, Nifty settles at 7,460

Ø  Gold imports contract 29.5 per cent to $1.39 bn in Feb

Ø  Parliament passes Real Estate Bill; homebuyers to gain

Ø  Crude oil will remain range-bound; Good time for India to stockpile oil assets



Financial Chronicle

Ø  RCAM to be renamed as Rel Nippon Life Asset Management

Ø  Jewellers mull alternative tax options

Ø  Solar tool launched to select power components

Ø  EPFO to probe Kingfisher Airlines' PF compliance

Ø  Aurobindo gets final USFDA nod for osteoporosis drug

Market Update

Sgx Nifty +29 pts
‎Dow +22.40 pts ,Nsdq -21.61 pts , S&P -3.71 pts ‎, Bovespa  -1740 pts , Ftse -34 pts , Dax -56 pts , Cac -33 pts , Nikkei  -145 pts , now, Crude @ $36.92 brl (+0.58), Brent @ $38.74 brl (-0.79) , Gold @ $1232.00 (+1.00), Silver @ $15.28 (+0.01), Euro @ $1.1106, JPY @ $113.0600, INR @ $67.3862



Today's Corporate Action
16th Mar Ex Date


ALKYLAMINE
Interim Dividend - Rs. - 10.0000
ASHOKA
Interim Dividend - Rs. - 0.8000
BAJAJ-AUTO
Interim Dividend - Rs. - 50.0000
BAJAJFINSV
Interim Dividend - Rs. - 1.7500
BAJAJHLDNG
Interim Dividend - Rs. - 25.0000
BAJFINANCE
Interim Dividend - Rs. - 18.0000
BALKRISIND
Interim Dividend - Rs. - 3.0000
BALKRISIND
Special Dividend - Rs. - 2.5000
BANARBEADS
Interim Dividend - Rs. - 2.5000
IRB
Interim Dividend - Rs. - 2.0000
KABRAEXTRU
Interim Dividend - Rs. - 2.2500
KPRMILL
Interim Dividend - Rs. - 4.0000
LAHOTIOV
Interim Dividend - Rs. - 0.4000
MODISNME
Interim Dividend - Rs. - 1.0000
MUNJALSHOW
Interim Dividend - Rs. - 4.0000
MUTHOOTFIN
Interim Dividend - Rs. - 2.0000‎
NUCENTFI
Interim Dividend - Rs. - 1.2000
ONGC
Interim Dividend - Rs. - 0.7500
PLASTIBLEN
Interim Dividend - Rs. - 5.7500
PLASTIBLEN
Special Dividend - Rs. - 1.2500
PREMEXPL
Interim Dividend - Rs. - 2.0000
SHRPREC
Interim Dividend - Rs. - 1.7000
SINCLAIR
Interim Dividend - Rs. - 4.0000
SIYSIL
Interim Dividend - Rs. - 11.0000
SOLARINDS
Interim Dividend - Rs. - 13.5000
SONATSOFTW
Interim Dividend - Rs. - 5.5000
SPARC
Right Issue of Equity Shares 
TIDEWATER
Bonus issue 1:1
TIDEWATER
Stock  Split From Rs.10/- to Rs.5/-
TORNTPHARM
Interim Dividend - Rs. - 15.0000
ZYDUSWELL
Interim Dividend - Rs. - 6.5000


Today's Global Data


Mar 16: US January Treasury international capital data; 0200 IST

Mar 16: US API weekly statistical bulletin for week ended Mar 11; 0300 IST

Mar 16: UK February Scottish retail sales monitor; 0631 IST

Mar 16: Japan February revised machine tool orders; 1230 IST

Mar 16: UK February monthly unemployment figures; 1600 IST

Mar 16: Eurozone January construction output; 1630 IST

Mar 16: US MBA weekly mortgage applications survey for week ended Mar 11;   1730 IST

Mar 16: Eurozone January construction output; 1630 IST

Mar 16: UK Chancellor Osborne's Budget statement; 1900 IST

Mar 16: US Oct-Dec travel and tourism satellite account; 1900 IST

Mar 16: US February new residential construction permits; 1900 IST

Mar 16: US February consumer price index data; 1900 IST

Mar 16: US February real earnings; 1900 IST

Mar 16: US February industrial production and capacity utilisation data;   1945 IST

Mar 16: US Treasury Secretary Lew to testify to House Appropriations
 subcommittee on Budget; 2030 IST

Mar 16: EIA weekly petroleum status report for week ended Mar 11; 2100 IST

Mar 16: Eurozone February new passenger car registrations

Mar 16: European Central Bank's governing Council non-monetary policy
meeting

Mar 16: UK office for Budget responsibility to publish its economic forecast

Economic Times

Business Standard

Ø  Inflation down in February; raises hope for interest rate cut

Ø  Cairn India seeking higher price to extract more oil

Ø  New policies to attract investments in oil&gas: S&P

Ø  India's trade deficit with China swells to $51.9 billion in 2015

Ø  RIL, Tata Motors among top 10 sustainable firms: Survey

Ø  India Inc's overseas investment up 40% at $3.14 bn

Ø  'No evidence of money laundering by IDBI bankers'



Ø  Rs 4,000-crore USL funds transfer under scanner

Ø  Jindal Power divests 4.12% holding in India Energy Exchange

Ø  Proposal of 25% corporate tax cut will bring transparency: India Ratings

Ø  Wheat, pulses and seasonal fruits maximum hit in hailstorm

Ø  Sebi rule makes Vijay Mallya's board position at Bayer, Sanofi shaky

Ø  Moody's downgrades Adani Abbot Point Terminal

Business Line

Ø  Crompton Greaves’ businessrejig move arrests value erosion

Ø  Delhi HC stays government ban on Pfizer's Corex cough syrup

Ø  Mallya case: ED writes to banks, multiple probe agencies 

Ø  GST will integrate Indian economy, attract FDI: ADB chief 

Ø  Wipro picks up minority stake in US-based Emailage

Mint

Ø  Opec sees lower 2016 demand for its oil, pointing to higher surplus

Ø  Govt may need an extra Rs25,000 cr in risk to fiscal deficit goal

Ø  Rusty Kingfisher jets on tarmac show besieged Vijay Mallya’s fallen empire

Ø  ICICI Bank to raise $750 million via offshore 10-year bonds

Ø  Bankers in two-day marathon meeting to discuss 10 stressed cases

Financial Express                

Ø  Sensex closes 86 points up, Nifty50 settles at 7,539;

Ø  Glenmark gets final FDA nod for migraine headache relief drug

Ø  Morgan Stanley revises India growth estimate for 2016 to 7.5%

Ø  Air India monetising assets to bounce back

Ø  HSBC cautious, underweight on Indian equities



Financial Chronicle

Ø  No rollback of excise on jewellery: Jaitley

Ø  India is the largest three-wheeler industry globally

Ø  Fairfax to acquire 49% in Quantum Advisors

Ø  Core banking facility available at over 20k post offices

Ø  ONGC mulls drilling nine development wells in 2 fields

Market Update

Sgx Nifty +9 pts
‎Dow +15.82 pts ,Nsdq +1.81 pts , S&P -2.55 pts ‎, Bovespa  -771 pts , Ftse +34 pts , Dax +159 pts , Cac +13 pts , Nikkei  -30 pts , now, Crude @ $37.31 brl (+0.13), Brent @ $39.53 brl (-0.86) , Gold @ $1237.10 (-8.00), Silver @ $15.40 (-0.11), Euro @ $1.1098, JPY @ $113.8200, INR @ $67.1050



Today's Corporate Action
15th Mar Ex Date


CENTURYPLY
Interim Dividend - Rs. - 1.0000
CROMPGREAV
Spin Off 
GODREJIND
Interim Dividend - Rs. - 1.7500



Today's Global Data



Mar 15: Japan January revised retail sales data; 1100 IST

Mar 15: Japan January revised industrial production data; 1100 IST

Mar 15: Japan January tertiary industry index; 1100 IST

Mar 15: UK annual consumer price inflation basket of goods and services  review; 1600 IST
‎
Mar 15: Eurozone Oct-Dec employment data; 1630 IST

Mar 15: US Retail Economist/Goldman Sachs chain store sales index for week   ended Mar 12; 1815 IST

Mar 15: US March Empire State manufacturing survey; 1900 IST

Mar 15: US Feb advance monthly sales for retail and food services data; 1900
IST

Mar 15: US February producer price index; 1900 IST

Mar 15: US Johnson Redbook retail sales index for week ended Mar 12; 1915 IST

Mar 15: US March NAHB housing market index; 2030 IST

Mar 15: US January manufacturing and trade-inventories and sales data; 2030
IST

Mar 15: US Treasury Secretary Lew to testify to House Appropriations  subcommittee hearing; 2100 IST

Mar 15: Japan monetary policy meeting decision

Mar 15: US Federal Open Market Committee meeting

CALL OF 11/03/16 FRIDAY

@ 12:27

Buy Wock Pharma ltp 960 

sl 948 

trgt 970/990


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MADE A HIGH OF 990.50