Indiabulls Hsg Fin Q1

Cons Net Profit At Rs.630 Cr Vs Rs.511.3 Cr (YoY)

Cons Total Income At Rs.2,372 Cr vs Rs.1,829 Cr (YoY)

Gross NPA Unchanged At 0.84% (QoQ)

Net NPA At 0.36% Vs 0.35% (QoQ)

Business Standard

Ø  Modi govt mulls merging 13 state oil companies to create behemoth

Ø  IMF flags decelerating pace of reforms in India

Ø  G20 vows to use all tools to support global growth

Ø  EPFO likely to raise equity investment to 10%

Ø  Centre asks states to remove taxes on essential food items

Ø  FM Arun Jaitley asks profit making PSUs to consider stock split



Ø  GST prospects ambiguous again

Ø  Corporate growth revival elusive in Q1

Ø  Reforms in India not fast enough, says IMF

Ø  Telcos seek clarity on GST on value added services

Ø  FPIs pump in $2 bn in July on GST traction, earnings outlook

Ø  Cairn India, Vedanta merger sealed with revised terms

Ø  Need to restrain controlling mindset: FM Arun Jaitley

Business Line

Ø  FIPB to consider 12 foreign investment proposals on Aug 2 

Ø  Petroleum Minister Pradhan supports merger of CPCL with IOC 

Ø  Dividend is passé; shareholders now want gold coins and gift vouchers

Ø  Expect more acquisitions to happen: Crisil

Ø  Call drop: Sinha’s first meeting with operators on Monday

Mint

Ø  G20 nations warn of Brexit risk to global growth

Ø  Essar Power may sell gas-based plants in Gujarat to pare debt

Ø  IOC in talks to buy GSPC’s stake in Mundra LNG terminal

Ø  Havells India Q1 profit up 36% to Rs145.58 crore

Ø  Karbonn sets up new manufacturing unit in Haryana

Financial Express               

Ø   Govt should resist 'urge of control everything' in a liberalised economy: FM

Ø  Boris Johnson claims India owes UK multi-mn pounds

Ø  TRAI to evaluate consultation papers for stringent call drop norms

Ø  Deptartment of Posts fails to pay tax, CBEC faults officials



Financial Chronicle

Ø  CVC widens probe in Rs 580 cr tax evasion by Cadbury

Ø  RIL, BP spend Rs 4,500cr to maintain KG-D6 gas output

Ø  Rock-bottom rates creates fiscal space for G20: OECD

Ø  China can’t bear global economy's burden: Li

Ø  Top seven cos add Rs 27,904 cr in market valuation

Market Update

Sgx Nifty +29 pts
‎Dow +54 pts ,Nsdq +26 pts , S&P +10 pts ‎, Bovespa +360 pts , Ftse +30 pts , Dax -8 pts  , Cac +4 pts , Nikkei  +34 pts , Crude @ $44.22 brl (+0.03), Brent @ $45.75 brl (+0.06) , Gold @ $1321.90 (-1.50), Silver @ $19.65 (-0.03), Euro @ $1.0967, JPY @ $106.3600, INR @ $67.0813

ADR/GDR
Infy: -0.30%,          Wit: -0.71%
Ttm:+1.44%,        Rdy:+0.02%
Hdb:+0.55%,         Ibn: -0.26% 
SBID: -1.35%,     RIGD:+0.50%

Today's Corporate Action
25th July  Ex Date
BHARATFORG
Final Dividend - Rs. - 0.5000
EIHAHOTELS
Final Dividend - Rs. - 1.0000
ESABINDIA
Dividend - Rs. - 1.0000
KTIL
Dividend - Rs. - 1.0000
LUPIN$
Dividend - Rs. - 7.5000
NBVENTURES
Dividend - Rs. - 3.0000
TCS
Interim Dividend - Rs. - 6.5000
VINATIORGA
Final Dividend - Rs. - 0.5000
WABCOINDIA
Dividend - Rs. - 6.0000

Today's Key Result
25th July 
India Bulls Fin 
Can Bank
Info Edge 
Asian Granito, Bajaj Corp,Eveready Inds,Ghcl,Hind Oil, Hitachi Home,Kpr Mills, Kalyani Steel,Maharasthra Scooter, Merk ltd,Orient Hot,Pincon Spirit, Shanti Gears, Ster Tech, Texmaco Infra, Trans and Rect

Axis Bank Q1

Net Profit At Rs 1,560 Cr Vs CNBC-TV18 Poll Of Rs  1,993.4 Cr

Gross NPA At 2.54% Vs 1.67% (QoQ) 

Net NPA At 1.08% Vs 0.7% (QoQ)

NII At Rs 4,517 Cr 

Total Income At Rs. 13,850 Cr Vs Rs. 12,230 Cr

L&T Fin Q1

Cons Net Profit At Rs.207.4 Cr Vs Rs.192.5 Cr (YoY)

Gross NPA At 4.58%

Net NPA At 3.13% Vs 2.05% (QoQ)

Total Cost At Rs. 575 Cr Vs Rs. 450 Cr⁠⁠⁠⁠

Federal Bank Q1

Net Profit At Rs.167 Cr Vs CNBC-TV18 Poll Of Rs.168.6 Cr

Gross NPA At 2.92% Vs 2.84% (QoQ)

Net NPA At 1.68% Vs 1.64% QoQ

Total Income At Rs. 2250 Cr Vs 2110 Cr

CALL OF 22/07/2016 FRIDAY

@ 09:57

Buy UPL ltp 563 

sl 559 

trgt 570

TRGT HIT

Market Update

Sgx Nifty +7 pts
‎Dow -77.80 pts ,Nsdq -16.03 pts , S&P -7.85 pts ‎, Bovespa +63 pts , Ftse -29 pts , Dax +14 pts  , Cac -3 pts , Nikkei  -144 pts , now, Crude @ $44.69 brl (-0.06), Brent @ $46.20 brl (-0.97) , Gold @ $1332.90 (+1.90), Silver @ $19.85 (+0.03), Euro @ $1.1032, JPY @ $105.8100, INR @ $67.1775

US GENERIC GOVT. 10-YEAR YIELD : 1.5440%

Today's Corporate Action
22nd July  Ex Date


ADORFO
Dividend - Rs. - 3.5000
BENGALT
Dividend - Rs. - 0.5000
NIITTECH
Dividend - Rs. - 10.0000
SUPER
Dividend - Rs. - 2.5000
UFLEX
Dividend - Rs. - 3.2000
WONDERLA
Final Dividend - Rs. - 0.5000
ZANMOLTR
Dividend - Rs. - 4.0000
‎

Today's Key Result
22nd July 


Axis Bank ( Est Net 1991 Cr +1% Yoy) 
Federal Bank ( Est Net 163 Cr +16% Yoy) 
M&M Fin(Est Net 130 Cr +21 % Yoy) 
Atul Ltd,Equitas Hold,Hinduja Vent,L&T Fin,Parry Inds,Praj Inds,Rallis, Rane Madras, Sanofi Ind,TIL,Vijaya Bank
Srcs-Cogencis


Today's Data Alert


Jul 22: WMA and forex reserves as on Jul 15, by RBI.


Today's Global Data


Jul 22: US foreign central bank holdings data; 0200 IST

Jul 22: US Federal Discount Window Borrowings; 0200 IST

Jul 22: Japan July Flash Manufacturing PMI; 0730 IST

Jul 22: Germany July Flash PMI; 1300 IST

Jul 22: Eurozone July Flash PMI; 1330 IST

Jul 22: UK Flash PMI; 1400 IST

Jul 22: US July Flash Manufacturing PMI; 1915 IST]

Jul 22: US June regional and state employment and unemployment data; 1930 IST

Jul 22: US President Obama meets Mexican President Pena Nieto

Jul 22: Japan May final labour survey - earnings, employment and hours
worked

Economic Times

Business Standard

Ø  ONGC should merge with a refiner like IOC: Director

Ø  New RBI chief will face stubborn old foe: rural inflation

Ø  Sebi may help in govt's recap plans for PSU banks

Ø  US warns against devaluation ahead of G20 meet

Ø  Corporate debt demand to swell to $62tn by 2020'

Ø  RBI relaxes rule for Basel III liquidity coverage ratio

Ø  'India's external debt of $474 billion forms 16% of APAC borrowing'



Ø  Greenko closes in on SunEdison India assets

Ø  ITC posts 10% rise in Q1 profit amid sluggish demand conditions

Ø  India link emerges in $3.5-bn forex trading fraud at HSBC

Ø  Sebi to finalise options in commodities today

Ø  Proposal for mandatory Ulip fund investments into G-Secs dropped

Ø  Reliance Jio's 4G rollout in next three months: CLSA

Ø  OVL raises $1 billion through dollar bonds for Vankor stake buy

Business Line

Ø  ONGC Videsh arm raises $1 b through unsecured notes 

Ø  JSW Energy ready for more acquisitions: Jindal

Ø  Hindalco consolidated Q1 net dips 95% to Rs. 44.80 cr 

Ø  Gujarat cotton growers sound pink bollworm alert

Ø  CII infra panel urges govt to fast-track Kelkar report proposals

Ø  Transition from rural to urban will be a key challenge: Debroy

Mint

Ø  Flipkart, Amazon, Jabong tweak models to fit new FDI rules

Ø  HDFC Bank Q1 profit rises 20.15% to Rs3,238.91 crore on higher income

Ø  Advanced Enzyme IPO subscribed 4.27 times on Day 2

Ø  Cairn India working on merger with Vedanta: Navin Agarwal

Ø  State Bank of Bikaner and Jaipur Q1 loss at Rs221.56 crore

Financial Express               

Ø   RBI to monitor banks on customer rights

Ø  Cairn India Q1 net falls 28 per cent on oil price slump

Ø  Silver slips below Rs 46,000, down Rs 1,020/kg on global trend

Ø  Japan preparing $190 billion stimulus, govt spending less than half that: Sources



Financial Chronicle

Ø  HDFC Bank says ‘comfortable’ with higher bad loans in Q1

Ø  L&T Infotech makes weak market debut

Ø  India economic growth to remain solid: Reuters poll

Ø  Ashok Leyland net profit doubles, revenue up 10%

Ø  Little impact of Brexit in long-term: Nasscom

ITC Q1

Net profit At Rs 2384.7 Cr Vs CNBC-TV18 Poll OfRs 2,490.4 Cr

Total Income From Operations At Rs. 13,250 Cr Vs Rs. 12,230 Cr

Cigarette Sales At Rs. 8230 Cr Vs Rs. 7733 Cr (YoY)

FMCG Sales At Rs. 2385 Cr Rs. 2177 Cr  (YoY)

Bharat Fin Inclusion Q1

Net Profit At Rs 235.9 Cr Vs Rs 61.2 Cr (YoY)

Total Income +53.1% At Rs 369 Cr Vs Rs 241 Cr (YoY)

CALL OF 21/07/2016 THURSDAY

@ 01:43

Buy Tata steel ltp 358 

sl 355 

trgt 362.40

SL HIT

CALL OF 21/07/2016 THURSDAY

@ 01:40

Buy Nifty ltp 8548 

sl 8520 

trgt 8604

SL HIT

CALL OF 21/07/2016 THURSDAY

@ 01:31

Sell BPCL ltp 582 

sl 585 

trgt 577

TRGT HIT

JSW Energy Q1

Net Profit At Rs.496 Cr Vs CNBC-TV18 Poll Of Rs.391 Cr

Total Income At Rs.2,450 Cr Vs Vs CNBC-TV18 Poll Of Rs.2,657 Cr

Net Sales At Rs. 2410 Cr Vs  Rs. 2060 Cr

Total Cost At Rs. 1570 Cr Vs Rs. 1460 Cr

KOTAK MAHINDRA BK: Q1

Net Profit At Rs. 742 Cr,  Est. Rs. 740 Cr

Gross NPA At 2.5% Vs 2.36% (QoQ)

NII At Rs.1,919 Cr Vs CNBC-TV18 Poll Of Rs.2,009 Cr

CALL OF 21/07/2016 THURSDAY

@ 11:24

Buy Nifty ltp 8578 

sl 8560 

trgt 8624

SL HIT

ASHOK LEYLAND Q1

Net Profit At Rs. 291 Cr Vs Rs. 144 Cr

Net Sales At Rs. 4180 Cr Vs Rs. 3780 Cr

Forex Gains Of Rs. 50 Cr Vs Loss Of Rs. 18 Cr

Total Costs At Rs. 3900 Cr Vs Rs. 3600 Cr

HDFC BANK Q1

Net Profit At Rs. 3240 Cr Vs Rs. 2690 Cr

Total Income At Rs. 19,320 Cr Vs Rs. 16,500 Cr

NII At Rs.7,781 Cr Vs Rs.6,389 Cr (YoY)

Gross NPA At 1.04% Vs 0.94% (QoQ)

Net NPA At 0.32% Vs 0.28%  (QoQ)

CALL OF 20/07/2016 WEDNESDAY

@ 01:11

Buy Tata Steel ltp 364 

sl 360 

trgt 372

SL HIT

CALL OF 13/07/2016

@ 10:48

Buy Kotak bank abv 770 

sl 758 

trgt 790

TRGT HIT

NIFTY VIEW @ 09:12

Nifty 50 (8584 )

Nifty pulled up on Tuesday after showing selling signal and gave a close with a doji.

Yesterday it again is showing will catch uptrend if maintains above the resistance 8600..8660 zone 

Support zone lies around 8480..8540 

Break of support level can show 8400..8300 in coming days

Above resistance as mentioned in our weekly report can show 8650..8840

Market Update

Sgx Nifty -11 pts
‎Dow +36.02 pts ,Nsdq +53.56 pts , S&P +9.24 pts ‎, Bovespa -120 pts , Ftse +31 pts , Dax +160 pts  , Cac +49 pts , Nikkei  +213 pts , now, Crude @ $44.94 brl (+0.29), Brent @ $47.17 brl (+0.51) , Gold @ $1313.70 (-5.70), Silver @ $19.34 (-0.27), Euro @ $1.1020, JPY @ $107.2300, INR @ $67.1975



Today's Corporate Action
21st July  Ex Date



ADORWELD
Dividend - Rs. - 5.0000
ALKALI
Final Dividend - Rs. - 0.4000
BALAMINES
Dividend - Rs. - 2.0000
CHOLAINV
Final Dividend - Rs. - 2.0000
CLARIS
Final Dividend - Rs. - 2.0000
DLINKINDIA
Dividend - Rs. - 0.7000
ELGIEQUIP
Dividend - Rs. - 1.0000
EMPIND
Dividend - Rs. - 4.0000
EXCELCROP
Dividend - Rs. - 12.5000
EXCELCROP
Interim Dividend - Rs. - 11.5000
GABRIEL
Dividend - Rs. - 0.7500
HESTERPH
Final Dividend - Rs. - 1.1000
KALYANIFRG
Dividend - Rs. - 2.0000
KANCOTEA
Dividend - Rs. - 5.0000
KEYCORPSER
Dividend - Rs. - 1.0000
M&M
Dividend - Rs. - 12.0000
MERCATOR
Dividend - Rs. - 0.1000
MHRIL
Dividend - Rs. - 5.0000
NOVARTIND
Buy Back of Shares 
NOVARTIND
Dividend - Rs. - 10.0000
PANCARBON
Dividend - Rs. - 10.0000
PATELSAI
Dividend - Rs. - 2.2000
QUICKHEAL
Dividend - Rs. - 2.5000
SOBHA
Dividend - Rs. - 2.0000
SQSBFSI
Final Dividend - Rs. - 20.0000
STAR
Dividend - Rs. - 4.0000
TATACOMM
Dividend - Rs. - 4.3000
ZEEL
Dividend - Rs. - 2.2500

‎



Today's Key Result
21st July 


Hdfc Bank (Est Net 3270 Cr + 21% Yoy Time- During Mkt) 
ITC ( Est Net 2470 Cr +9% Yoy Time - During Mkt) 
Kotak Bank ( Est Net 740 Cr +290% Yoy Time - During Mkt) 
Ashok Ley ( Est Net 188 Cr +19% Yoy) 
ABB( Est Net  79 Cr +39% Yoy)
Sks Micro ( Est Net 124 Cr +104% Yoy)
Cairn( Cons Est Net 433cr -48% Yoy) 
Biocon( Cons Est Net 128 Cr 2% Yoy) 
Syngene ( Est Net 64 Cr) 
Jsw Energy ( Cons Est Net 364 Cr +31% Yoy) 
Chemfab Alk,DB Corp, Gnfc, Heidelberg Cem, IFB Ind, Kirloskar Broth,Motilal Oswal, Rane Brake, Raymond, State Bank Bikaner, Tinplate, Zensar Tech
Srcs-Cogencis
‎



Today's Data Alert


Jul 21: Water level in major reservoirs as on Jul 21, by CWC.

Jul 21: Rainfall for week to Jul 20, by IMD.




Today's Global Data



Jul 21: Japan May all industry index; 1000 IST

Jul 21: Japan June supermarket sales; 1030 IST

Jul 21: UK June public sector finances; 1400 IST

Jul 21: UK June retail sales figures; 1400 IST

Jul 21: UK June CML mortgage lending figures; 1400 IST

Jul 21: European Central Bank interest rate announcement; 1715 IST

Jul 21: US unemployment insurance claims report for the week ended Jul 16;1800 IST

Jul 21: US June Chicago Fed National Activity Index; 1800 IST

Jul 21: US July Philadelphia Fed business outlook survey; 1800 IST

Jul 21: US May monthly house price index; 1830 IST

Jul 21: US Bloomberg Consumer Comfort Index; 1915 IST

Jul 21: US June leading indicators; 1930 IST

Jul 21: US June existing home sales data; 1930 IST

Jul 21: US EIA weekly natural gas storage report for week ended Jul 15; 2000
IST

Jul 21: US money stock measures

Jul 21: UK June Knight Frank House Price Sentiment Index

Jul 21: UK July Hometrack UK Cities House Price Index

Economic Times

Business Standard

Ø  Wipro buys back shares over 1K cr from Premji's trusts

Ø  Global investors bet big on India's realty market

Ø  Indian banks will need $90 billion capital by 2019: Fitch

Ø  Difficult to assess the impact of 'Brexit' on India: Govt

Ø  British govt fund CDC to invest Rs 1Kcr in IIFL Fin 

Ø  FDI surges after 'Make in India', up 46% at $62 billion

Ø  'Realty to be $180 bn industry in India by 2020'

Ø  Tata Steel aims to double Indian workforce's productivity



Ø  Bank recapitalisation stares at Sebi hurdles

Ø  Govt infusion in banks still short, say Icra & Fitch

Ø  US seeks $1 bn in 1MDB-tied assets, 'Wolf of Wall Street' royalties

Ø  3 Indian firms get USFDA nod for high-value generic drug

Ø  Centre asks states to lower stamp duty for affordable housing

Ø  No immediate HC relief for Jignesh Shah's company

Ø  Morgan Stanley beats expectations on bond trading & cost cuts

Business Line

Ø  Coal linkage auction for power sector referred to GoM

Ø  De-register all diesel vehicles more than 15 years old first: NGT

Ø  L&T Infotech to list on bourses on Thursday

Ø  Finance Ministry rejects EPFO proposal for workers’ bank 

Ø  S&P takes HDFC Bank’s three bond sales off negative watch list

Ø  Power generation from hydro plants dips in the first quarter

Mint

Ø  SBI, Brookfield to launch stressed asset management fund

Ø  DLF, Blackstone realign shareholding deal

Ø  Myntra to buy Hrithik Roshan’s HRX fashion brand

Ø  Adani Enterprises to raise up to Rs6,000 crore via securities

Ø  Airtel, Vodafone attract most complaints on service quality

Ø  Rupee closes weaker against US dollar at 67.20

Financial Express               

Ø   Sensex closes 128 points up, Nifty settles above 8,560

Ø  New civil aviation policy could spur demand for planes: Boeing

Ø  Cabinet clears 3-year, 30% sourcing exemption in retail; paves way for Apple stores

Ø  Mondelez in talks to buy Cadbury biscuits license from Burton's-Sky News

Ø  Ambuja's proposal to acquire stake in Holcim approved



Financial Chronicle

Ø  GST a game changing indirect tax reform: Nomura

Ø  Monsanto rejects Bayer’s sweetened offer, open to talks

Ø  Cloud business boosts Microsoft's quarterly revenue

Ø  Irdai bans Happy from TPA business

Ø  NTPC targets to spend Rs 30,000 cr in expansion

Ø  Ricoh promoters offer to infuse capital to cover loss

DFHL Q1

Net Profit At Rs. 200 Cr Vs Rs. 173 Cr (YoY)

Total Income At Rs. 1960 Cr Vs Rs. 1650 Cr (YoY)

Sanctioned Loans Amounted To  Rs. 8800 Cr During Q1

VIEW ON NIFTY BANK ON 20/07/2016

Nifty Bank (18905)

Nifty bank is stuck in the narrow zone of 19100..18600.

Break through either side will show further trend. 

Above 19100 to 19500.
Below 18600 to 18400..17900.

NIFTY VIEW @ 20/07/2016

Nifty 50 (8528)

Nifty yesterday showed selling pressure but resumed back and closed above 8500.
 

Today 8540..8560 if crossed the uptrend will resume and if breaks 8560..8540 zone it can show more selling pressure.

MARKET UPDATE

SGX Nifty -2 pts (8550) from last trade 8552 , 

Nikkei -118 pts , Hangseng -27 pts , NOW @6.53am , 

‎Dow +25.96 pts ,Nsdq -19.41 pts , S&P -3.11 pts ‎, Bovespa +213 pts , Ftse +1 pts , Dax -81 pts  , Cac -27 pts , Crude @ $44.63 brl (-0.02), Brent @ $46.66 brl (-0.30) , Gold @ $1333.00 (+0.70), Silver @ $19.94 (-0.06), Euro @ $1.1012, JPY @ $106.1600, INR @ $67.1875


Infy: -1.01%,           Wit: -6.84%
Ttm: -0.27%,         Rdy:+0.00%
Hdb: -0.13%,          Ibn: -0.63% 
SBID:+0.30%,     RIGD:+1.51%


Today's Corporate Action
20th July  Ex Date


APLLTD
Dividend - Rs. - 4.0000
ASTRAMICRO
Dividend - Rs. - 1.2000
GOODRICKE
Dividend - Rs. - 4.0000
HYDIND
Final Dividend - Rs. - 10.0000
INDOCO
Final Dividend - Rs. - 0.2000
KTKBANK
Dividend - Rs. - 5.0000
LALPATHLAB
Dividend - Rs. - 2.4500
MAHLIFE
Dividend - Rs. - 6.0000
PANAENERG
Dividend - Rs. - 7.0000
SHRIRAMCIT
Final Dividend - Rs. - 10.0000
SURYALAXMI
Dividend - Rs. - 1.8000
SWELECT
Final Dividend - Rs. - 1.0000
TUBEINVEST
Special Dividend - Rs. - 3.5000




Today's Key Result
20th July 


Dewan Housing ( Est Net 216 Cr + 25% Yoy) 
Hind Zinc( Est Net 1157 Cr -40% Yoy) 
Foseco,Gammon Ind,IFB Agro, Kabra Ext,Kei Inds,Kitex Gar,Kpit,Lakshmi Vilas Bank,Plastiblend,Sasken Com, Skf Ind
Srcs-Cogencis





Today's Data Alert


Jul 20: CPI for rural and farm labourers for June, by Labour Bureau.

Jul 20: Money supply as on Jul 8, by RBI.

Economic Times

Business Standard
Ø  IMF trims India growth estimate to 7.4%
Ø  RIL to pump in Rs 15,000 crore in Jio through rights issue
Ø  Global warming to cost $2 trillion in lost productivity
Ø  8,100 wilful defaulters owe banks Rs 76,600 cr
Ø  DoT sends demand notices to Airtel, RCom, others
Ø  Govt, RBI monitoring Brexit fallout, taking steps
Ø  Cash collateral not required while placing bids for SGB: BSE

Ø  Govt to infuse Rs 229.15 billion in public sector banks
Ø  Mumbai police secures FTIL assets worth Rs 2,000 cr
Ø  Wipro's weak margins, guidance disappoint
Ø  Govt to relax Companies Act provisions for Gift IFSC
Ø  10% rise in electricity generation may boost power sector earnings
Ø  Wipro calls off agreement to acquire Viteos Group
Business Line
Ø  Afghan deputy agri minister woos Indian investors 
Ø  India’s air traffic growth remains highest in world: Boeing
Ø   Jewellery industry to grow by 3% this year: ICRA 
Ø  Fitch maintains ‘stable’ outlook for Adani Ports 
Ø  India, US agree to enhance cooperation on hydrocarbons, energy
Mint
Ø  Ultratech Cement Q1 profit rises 29% to Rs780 crore
Ø  Tata still India’s most valuable brand
Ø  Nowfloats acquires Lookup in a cash-equity deal
Ø  Jaiprakash Power reports higher-than-expected Q1 net loss
Ø  Airlines cry foul over last-minute fare drops triggered by Air India
Financial Express               
Ø   Govt detects nearly Rs 44K crore in undisclosed income
Ø  RBS to close 6 of 10 branches from Oct 1
Ø  India imports over 7 lakh tonnes of pulses in April-May
Ø  No possibility to use bio-diesel in vehicles: Mercedes
Ø  Air India, SpiceJet, Jet top in reputation rankings

Financial Chronicle
Ø  Japan’s SoftBank plunges after $32b ARM buy
Ø  UK court begins hearing Brexit legality case
Ø  India Inc M&A deals up 12% in first half of 2016
Ø  Monsanto in talks with Bayer over confidentiality pact
Ø  Insurance to cover Ayush treatments
Ø  Oil prices down as Turkey fears ease, glut woes return

WIPRO Q1

Net Profit At Rs. 2,051 Cr Vs Estimate Of Rs. 2,180 Cr

Revenues At Rs. 13,700 Cr Vs  Estimate Of Rs. 13,800 Cr

EBITDA Margin At 17.8% Vs 19.7% (QoQ)

UltraTech Q1

Standalone Net Profit At Rs.757.6 Cr Vs CNBC-TV18 Poll Of Rs.740 Cr.

Standalone Total Income At Rs.6,232.5 Cr Vs CNBC-TV18 Poll Of Rs.6,429 Cr

Management Says Cement Demand Expected To Grow 7% This Year

Market Update

Sgx Nifty +19 pts
‎Dow +16.50 pts ,Nsdq +26.20 pts , S&P +5.15 pts ‎, Bovespa +905 pts , Ftse +26 pts , Dax -3 pts  , Cac -14 pts , Nikkei  +18 pts , now, Crude @ $45.25 brl (+0.01), Brent @ $46.96 brl (-0.65) , Gold @ $1328.40 (-0.90), Silver @ $20.07 (-0.01), Euro @ $1.1069, JPY @ $106.2000, INR @ $67.1950



Today's Corporate Action
19th July  Ex Date


AKZOINDIA
Dividend - Rs. - 20.0000
AKZOINDIA
Special Dividend - Rs. - 50.0000
BATAINDIA
Dividend - Rs. - 3.5000
BLUEDART
Dividend - Rs. - 25.0000
BLUEDART
Special Dividend - Rs. - 5.0000
IDFCBANK
Dividend - Rs. - 0.2500
INDPRUD
Bonus issue 2:1
JENBURPH
Dividend - Rs. - 0.9000
MORARJEE
Dividend - Rs. - 1.4000
NOCIL
Dividend - Rs. - 1.2000
REDINGTON
Dividend - Rs. - 2.1000
STANROS
Dividend - Rs. - 6.0000
THANGAMAYL
Dividend - Rs. - 1.0000
WALCHCAP
Final Dividend - Rs. - 1.2500
‎


Today's Key Result
19th July 


‎Ultratech Cemco( Cons Est Net 749 Cr +27% Yoy Time -During Mkt) 
Wipro( Cons Est Net 2151 Cr -2% Yoy Time - After Mkt) 
Crisil( Cons Est Net 74 Cr +15% Yoy) 
Linde Ind
Srcs-Cogencis




Today's Data Alert


Jul 19: NITI Aayog CEO Kant, DLF CEO Talwar to speak on a panel at RICS
Cities Conference 2016. 0930 IST, New Delhi.

Jul 19: 14-day variable rate term repo for 185 bln rupees. Bids at 1100-1130 IST.

Jul 19: IMF to release World Economic Outlook Update. 1830 IST

Jul 19: TERM REPO: 14-day variable rate term repo for 185 bln rupees Bids to be submitted between 1100 and 1130 IST.




Today's Global Data


Jul 19: US May Treasury International Capital data; 0130 IST

Jul 19: European Central Bank lending survey; 1330 IST

Jul 19: UK June inflation figures; 1400 IST

Jul 19: UK June producer prices; 1400 IST

Jul 19: UK May House Price Index; 1400 IST

Jul 19: Germany July ZEW Indicator of Economic Sentiment; 1430 IST

Jul 19: Eurozone May construction output data; 1430 IST

Jul 19: US Retail Economist/Goldman Sachs Weekly Chain Store Sales Index for week ended Jul 16; 1715 IST

Jul 19: US June new residential construction - housing starts and building  permits; 1800 IST
‎
Jul 19: US Johnson Redbook Retail Sales Index for week ended Jul 16; 1825
IST

Jul 19: US IMF World Economic Outlook Update; 1830 IST

Jul 19: UK New Chancellor Philip Hammond expected to be questioned in the Commons

Business Standard

Ø  ndia at BBB-, stable outlook but fiscal weak: Fitch

Ø  Rajan warns against rupee depreciation

Ø  88% Republicans support Trump against Clinton: Pew

Ø  Govt to double generation target from solar parks

Ø  US weapon system may add to global warming: India

Ø  Kerala passes resolution against SBT-SBI merger

Ø  HUL to invest Rs 1K-cr on new unit in Assam



Ø  HUL gains across the board, Q1 grows 9.79% to Rs 1,174 cr

Ø  Government prepares to woo World Bank

Ø  Oil PSUs to pay royalty on gross price to producing states

Ø  Sebi issues draft paper on REIT to attract investors, realtors

Ø  JSW Energy to acquire Jaiprakash's Bina power plant

Ø  Life insurance industry logs 33% growth in first quarter

Ø  NGT blocks 10-year-old diesel vehicles in Delhi

Business Line

Ø  KIOCL renews plea for captive iron ore mines 

Ø  Key supports to limit the downside in MCX-gold

Ø  ‘GST has to be flexible to embrace new businesses’ 

Ø  Index of Mineral Production grows 1.3% in May

Ø  Piaggio to expand scooter portfolio in India with Aprilia

Ø   SoftBank to buy ARM Holdings for $32 bn

Mint

Ø  Bank unions threaten strike on 29 July seeking to stop reforms

Ø  ICICI Prudential Life files DRHP for India’s first insurance IPO

Ø  Sun Pharma partners SPARC to market epilepsy drug in US

Ø  Rupee closes weaker against US dollar at 67.20, bond yield rises

Ø  Tata Steel’s Cyrus Mistry seeks global supply side recast

Ø  Bank of America profits fall 20%, hurt by low rates

Financial Express               

Ø   Textile exports may rise 6% to USD 40 bn in FY17: ICRA

Ø  Tata Steel plans to raise up to Rs 10,000 crore via private placement

Ø  RBI to make funds transfer via smartphones easier

Ø  No proposal to hike EPFO investment in ETFs: Bandaru Dattatreya



Financial Chronicle

Ø  Financial inclusion must for sustainable growth: Rajan

Ø  Draghi to ask govts to chip in to counter Brexit fallout

Ø  India Inc's biz optimism for Jul-Sep touches 8-qtr high

Ø  Coal imports likely to decline to 160mt in FY'17

Ø  Solar heaters lag behind in renewable energy push

Exide Q1

Net Profit At Rs 196.05 Cr Vs CNBC-TV18 Poll Of Rs 192 Cr

Total Income At Rs 2,008.1 Cr Vs CNBC-TV18 Poll Of Rs 1,965 Cr

MINDTREE Q1

Net Profit At Rs. 143 Cr Vs Rs. 130 YoY

Revenue At Rs. 1200 Cr Vs Rs. 9580 Cr

HUL Q1

Net Profit At Rs.1,174 Cr Vs CNBC-TV18 Poll Of At Rs.1,156 Cr

Total Income At Rs.8,128 Cr Vs CNBC-TV18 Poll Of Rs.8,557 Cr

Volume Growth At 4%, Below Estimates

Market Update

Sgx Nifty +16 pts
‎Dow +10.14 pts ,Nsdq -4.47 pts , S&P -2.01 pts ‎, Bovespa +97 pts , Ftse +14 pts , Dax -1 pts  , Cac -13 pts , Nikkei  Clsd, now, Crude @ $45.96 brl (+0.01), Brent @ $47.68 brl (+0.07) , Gold @ $1333.10 (+5.70), Silver @ $20.24 (+0.07), Euro @ $1.1055, JPY @ $105.3900, INR @ $67.0712



Today's Corporate Action
18th July  Ex Date


ALSTOMT&D
‎Dividend - Rs. - 1.8000
ATFL
Dividend - Rs. - 2.0000
CENTURYTEX
Dividend - Rs. - 5.5000
DRREDDY
Dividend - Rs. - 20.0000
ELECON
Dividend - Rs. - 1.1000
MANUGRAPH
Dividend - Rs. - 1.0000
RAJGLOWIR
Dividend - Rs. - 1.2000
SNL
Dividend - Rs. - 2.0000
SRTRANSFIN
Final Dividend - Rs. - 6.0000
SWISSGLA
Dividend - Rs. - 2.2000
TATAMOTORS
Dividend - Rs. - 0.2000
TATAMTRDVR
Dividend - Rs. - 0.3000
TRANSCOR
Dividend - Rs. - 0.8000
VGUARD
Final Dividend - Rs. - 2.5000
VISAKAIND
Dividend - Rs. - 2.0000
‎


Today's Key Result
18th July 


Hind Unilever ( Est Net 1158 Cr +9% Yoy Time  -During Mkt) 
Exide Inds( Est Net 187 Cr +21% Yoy) 
Gruh‎ Fin( Est Net 63 Cr + ‎25 % Yoy) 
MindTree 
Aro Granite, Bharat Bijlee,Jp Power, Tayo Rolls
Srcs-Cogencis





Today's Data Alert


Jul 18: Monsoon session of Parliament to start.