INDIAN EQUITY MARKET OUTLOOK-30 JUNE 2016

Sgx Nifty

Bulls eye wide open on Dalal Street

Indian Indices:

Indian equity benchmarks are set to witness a gap up opening on Thursday tracking a firm trend across markets in Asia and a bullish finish at Wall Street overnight as jitters over the economic fallout from Britain’s vote to exit from the EU calmed amid optimism that global central banks may step up support to financial markets, bolstering risk taking appetite.

Gains in the CNX Nifty Index Futures for June delivery climbed by 0.61 per cent or by 50 points to 8,258 at 10:35 AM Singapore time signaling that Dalal Street may open higher today. However, volatility may remain high at the local bourses as traders roll over their positions ahead of the expiry of the June Futures & Options (F&O) contracts today.

Marking a third straight rally, the 30-share Sensex surged by a whopping 215.84 points or by 0.81 per cent on Wednesday to end at 26,740.39, the biggest single day percentage gain in two weeks after the Cabinet gave nod to a pay hike for government employees

Global Market:

Global stocks rebounded after Brexit concerns softened. Speculation that central banks worldwide may act if required in the aftermath of Brexit boosted Asian equities today. While the Federal Reserve is unlikely to raise interest rates in the coming months, other central banks have pledged to boost stimulus to restore confidence in financial markets and support economic recovery.

China’s Shanghai Composite logged modest gains, Hang Seng jumped nearly 2 per cent and Japan’s Nikkei 225 advanced as Brexit concerns receded and Bank of Japan Chief Haruhiko Kuroda asserted that more funds can be injected into the market if needed.

Wall Street marked its biggest two-day jump in four months on Wednesday as worries over the fallout of Brexit on the global economy eased.

Major Headlines of the day:
• Natural rubber climbs 12-15% in June 2016 to a 2-month high
• Axis Bank may tie up with Wells Fargo and/or others in Fintech
• Bharti Airtel’s promoter suggests high possibility of pressure on tariff

Trend in FII flows: The FIIs were net buyers of Rs 102.91 Cr in the cash segment on WEDNESDAY while the DIIs were net sellers of Rs -20.19 Cr, as per the provisional figures.

Read our more services below:
CapitalStars Financial Research Financial Advisory Services 
www.capitalstars.com |T:+91-731-6790000,6669900

CS ROCKING PERFORMANCE OF THE DAY-29 JUNE 2016

Nifty Options Tips

STOCK FUTURES:

FUTURES INTRADAY:
JUBLFOOD FUTURE BUY CALL 3 TG 
POWERGRID  FUTURE BUY CALL3 TG
IOC  FUTURE BUY CALL1TG
BOSCHLTD FUTURE BUY CALL1TG

OPTION:
SKSMICROFIN 700 CALL BUY CALL3TG 

STOCK CASH

STOCK CASH INTRADAY:
EMMBI BUY CALL 3 TG
PGEL BUY CALL 3 TG 
INDIACEM BUY CALL 3 TG  (BOOKED AT 112.40)
BOSCHLTD  BUY CALL 2 TG 
MUTHOOT FINANCE BUY CALL 1 TG 

STOCK CASH  PREMIUM:
NILKAMAL BUY CALL 3 TG 
UJJIVAN  BUY CALL 2 TG 
DLF  BUY CALL 1 TG ( BOOKED AT 147.70) & HOLD FOR TOMORROW
ASHOKA BUY CALL 1 TG 
PIDILITE BUY CALL HOLD FOR TOMORROW 

STOCK SUPER PREMIUM 
SKS MICRO FINANCE BUY CALL HOLD FOR TOMORROW 
HIND PETRO IN CASH BUY CALL 1 TG ( MADE HIGH OF 1004.95)

EQUITY KING CALL 
IGL JUNE FUTURES BUY CALL BOOKED AT 626 & HOLD FOR TOMORROW
CESC FUTURES YESTERDAY BUY CALL HOLD FOR TOMORROW
HERO MOTOR CORP FUTURES SELL SL TRIGERRED 


Read our more services below:
CapitalStars Financial Research Financial Advisory Services 
www.capitalstars.com |T:+91-731-6790000,6669900


INDIAN EQUITY MARKET WRAP UP-29 JUNE 2016


Intaday Stock Futures

INDIAN BENCHMARKS: SENSEX RALLIES OVER 200 POINTS, NIFTY 50 ABOVE 8200

The S&P BSE Sensex rallied over 200 points in morning trade on Wednesday led by gains in ITC, HDFC, HUL, Lupin, and L&T. 
The Nifty50 reclaimed its crucial level of 8,200 levels supported by gains in realty, metal, capital goods, auto, and capital goods stocks. 
The market has ended with strong gains ahead of June Future & Options (F&O) expiry. The Sensex closed up 215.84 points or 0.8 percent at 26740.39, and the Nifty was up 76.15 points or 0.9 percent at 8204. About 1833 shares have advanced, 773 shares declined, and 183 shares are unchanged. 

Hero MotoCorp, NTPC, Wipro, BHEL and GAIL were top gainers while Lupin, Coal India, ITC, Bharti Airtel, and Adani Ports were losers in the Sensex.

HEADLINES OF THE DAY
DLF rallies on capital infusion buzz.
Bosch board meeting on July 1 to consider share buyback.
ITC to invest Rs4,000 crore to set up 9 plants for expansion.

The crucial resistance for Nifty spot is now seen at 8215 and above this 8286. Support for the immediate term is now placed at 8170 and next support will be 8085.

Read our more services below:
CapitalStars Financial Research Financial Advisory Services 
www.capitalstars.com |T:+91-731-6790000,6669900


TOP CORPORATE NEWS-29 JUNE 2016


Stock Futures Tips

DLF rallies on capital infusion buzz
Shares of DLF surged nearly 10% touching to Rs146.5, after reports suggested that promoters, KP Singh and his family have decided to wipe out company's debt in a two-step transaction.
According to reports, KP Singh and his family will pump Rs10000 crore into DLF by purchasing shares in a preferential issue by DLF with funds raised from the sale of their stake in the company's rental unit.

ITC to invest Rs4,000 crore to set up 9 plants for expansion
ITC to invest Rs4,000 crore to set up to 9 plants to expand its foods business; new product launches in fast growing categories to sustain – positive read through for the stock
ITC will invest Rs4, 000 crore over the next 2-3 years to set up 8-9 factories across the country for manufacturing of food products. Its branded packaged foods division grew by around 11 y-o-y to clock a turnover of Rs7, 097.49 crore in 2015-16 and is second largest business for the company after the core cigarette business.

Bosch board meeting on July 1 to consider share buyback
Bosch Ltd will hold a board meeting on July 1,2016 to consider share buyback proposal.
Currently, the promoter holding is 71.18%, while the rest is with the public. Positive for the company.

Indian Oil & Gas companies set to invest $27 billion in exploration
Indian Oil & Gas exploration companies set to invest $27 billion in exploration/production as per Bloomberg.
This is positive sentimentally for upstream exploration companies like ONGC, OIL; more positive for oil anci companies like Mercator, Aban, Seamec, Alphageo among others.

Trent plans to raise up to Rs300 cr via NCDs
Tata group retail firm Trent said that it is planning to raise up to Rs300 crore through issuance of non-convertible debentures on a private placement basis.
The board approved an enabling resolution for raising of funds by issue of non-convertible debentures (NCDs) on a private placement basis up to an amount not exceeding Rs300 crore.

Read our more services below:
CapitalStars Financial Research Financial Advisory Services 
www.capitalstars.com |T:+91-731-6790000,6669900


INDIAN EQUITY MARKET OUTLOOK-29 JUNE 2016

Sgx Nifty

Indian markets - Indices signal positive start on global support.

Indian Indices:

Indian equity benchmarks are likely to witness a positive opening on Wednesday tracking a rally across markets in Asia and a bullish finish at Wall Street overnight as speculation heightened that global policymakers may boost stimulus to contain the economic fallout of Britain’s stunning decision last week to leave the EU, helping quell market turmoil, bolstering risk taking appetite.

Gains in the CNX Nifty Index Futures for June delivery which climbed by 0.29 per cent or by 23.5 points to 8,155 at 10:43 AM Singapore time signal that Dalal Street may open higher today.

Hopes that the GST will be passed in the upcoming monsoon session of the Parliament may also support sentiment. However, volatility may remain high at local bourses as traders roll over their positions ahead of the expiry of the June Futures & Options (F&O) contracts this Thursday.

Rebounding from its biggest loss in over four months, the 30-share Sensex, on Tuesday logged modest gains, advancing by 121.59 points or by 0.46 per cent to end at 26,524.55 even as Brexit continued to weigh on sentiment

Trend in FII flows: The FIIs were net buyers of Rs -146.11 Cr in the cash segment on Monday while the DIIs were net sellers of Rs 147.07 Cr, as per the provisional figures.

Read our more services below:

CS CLOSING BELL-27 JUNE 2016

Bank Nifty Futures

CS CLOSING BELL:
NIFTY SPOT UP 6@ 8094
SENSEX UP 5@26402
BANK NIFTY FUTURES UP 97@ 17490
Read Full News-http://www.capitalstars.com/nifty-futures
Quick Trial:- http://capitalstars.com/derivative
HAVE A NICE DAY!

INDIAN EQUITY MARKET OUTLOOK-27 JUNE 2016

Sgx Nifty

Indian markets Brexit becomes scary, Dalal Street signals weak start.

Indian shares are likely to open on a bearish note as the global cues look subdued with SGX Nifty trading 30.50 points lower.

Indian Indices:

Indian equity benchmarks are likely to witness a significant gap down opening on Monday as the Brexit overhang continues to roil trading sentiment at Dalal Street. Losses in the CNX Nifty Index Futures for June delivery which fell by 0.80 per cent or by 64.5 points to 8,014 at 10:17 AM Singapore time signal that key Indian stock indices may open lower today.

UK’s shock exit from the European Union has exacerbated uncertainty surrounding the global economic outlook, curbing risk taking appetite. Volatility may remain high at the stock bourses this week while the rupee which tumbled the most in ten months on Friday may continue to remain under pressure with Brexit likely to prompt a shift away from risky assets including emerging market equities. Meanwhile, caution and volatility ahead of the Futures & Options (F&O) contract expiry for the month of June may also influence domestic bourses this week.

The progress of the monsoon rains and the release of the June auto sales numbers starting Friday will also be eyed this week. On Friday, the 30-share Sensex fell 604.51 points at 26,397.71 after tumbling as much as 1,091 points earlier as Brexit triggered a knee-jerk reaction.

Global Market:

Asian markets were trading mixed on Monday with investors awaiting more policy action from global central banks to quell the market turmoil by pumping liquidity into financial markets.

China’s Shanghai Composite rose after the People’s Bank of China weakened the yuan fixing by the most since August in response to the surge in the dollar. The country’s central bank set the reference rate 0.9 per cent weaker at 6.6375 per dollar.

Hang Seng fell but Japan’s Nikkei 225 rose by over 1.5 per cent, rebounding from the biggest drop since the aftermath of the 2011 earthquake as the yen steadied following its largest jump since 1998 and as Prime Minister Shinzo Abe issued instructions to calm markets following the UK’s stunning decision to quit EU.

On Friday, Wall Street suffered its biggest sell-off since August with the Dow, Nasdaq and S&P 500 sinking over 3 per cent, amid worries that UK’s decision to leave the EU may deal a further blow to an already fragile global economic recovery.

Meanwhile, a 2.2 per cent drop in US durable goods orders in May and a dip in US consumer sentiment in June signaled concerns over the health of the world’s biggest economy.

Major Headlines of the day:

•Bajaj Finserv likely to buy out Allianz’s stake in insurance joint ventures 
•Zuari avails unsecured inter corporate deposit of Rs100 Cr from Adventz finance 
•Crompton Greaves Consumer Electricals board approves raising NCDs worth Rs650 Cr.

 Trend in FII flows: The FIIs were net buyers of Rs -629.14 Cr in the cash segment on FRIDAY while the DIIs were net sellers of Rs 114.94 Cr, as per the provisional figures.

Read our more services below:

RBI always ready to act when markets misbehave


The RBI governor said that all of us had sneakily suspected that the UK opinion polls didn't reflect the true intent. "Hopefully, saner minds will prevail as we look back on this episode and people see the costs of leaving," 

Brexit reflects the mood of a people who are tired of engaging with the world and with immigrants,

"If the UK doesn't want inflation perking up, the Bank of England will have to tighten its monetary policy." 

Read our more services below:

Brexit: Sensex tanks 604 pts, Nifty tad below 8100; Tata Motors down 8%


Bank Nifty futures, Equity Tips, Free Nifty Option Tips, Free Nifty Tips, Nifty Future live, Nifty Futures, share market tips,


The Sensex recouped 500 points loss in last couple of hours of trade, especially after recovery in Europe but still ended sharply lower after the UK voted to leave European Union. The index fell 604.51 points or 2.24 percent to 26397.71 and the Nifty slipped 181.85 points or 2.20 percent to 8088.60.


About 1823 shares declined against 709 advancing shares on BSE. 

Tata Motors cracked 8 percent and Tata Steel fell 6 percent as both companies have huge exposure to Europe. European markets were down 5-8 percent. 

KEY STOCKS

Nineteen sectoral indices on BSE dropped between 2%-6% amid sharp slide on the bourses as global markets roiled after Britain voted to leave the European Union.

Auto, Metal, Realty, PSU & Private Bank indices hit the worst by falling more than 5% each on the NSE as global markets roiled after Britain voted to leave the European Union.

Tata Motors and Motherson Sumi Systems from auto, Vedanta, Tata Steel and Hindalco Industries from metal, Indiabulls Real Estate, Unitech, Housing Development & Infrastructure (HDIL) from real estate and IDBI Bank from the banking dipped upto 8% each.

Shares of Tata Motors, India’s biggest automobile manufacturer, crashed more than 8% in as news of UK’s exit from the European Union spooked markets.

Tata Steel which has large operations in the UK and earns 58% of its total revenues from Europe dropped nearly 7%.


Read our more services below:

INDIAN EQUITY MARKET OUTLOOK-24 JUNE 2016


Gap down opening seen for Sensex as Brexit fears loom

Indian Indices:

Markets are likely to open lower, amid weak Asian cues, after early counting on the EU referendum indicate that 'leave' votes are slightly more than 'remain'. SGX Nifty is trading at 186 points down.

Indian Markets reversed two sessions of losses to close higher on Thursday as poll booths opened for Britons to vote on a referendum about whether or not to exit the European Union. The S&P BSE Sensex and CNX Nifty rose 0.88%-0.81% each today.

On Thursday (June 23, 2016), BSE SENSEX closed at 27002.22, rose by 236.57 points, or by 0.88%, and the NSE Nifty ended at 8270.45, down by 66.75 points, or by 0.81%.

Global Market:

Bets in Asian markets quickly reversed course Friday, with stocks dropping as early results from the U.K. European Union referendum surprised investors and sent them rushing back to haven assets.

U.S. stocks closed higher Thursday, with all three indexes rallying, as investors wagered that the U.K. will choose to remain in the European Union in a historic referendum with far-reaching implications.

European shares rose for the fifth day running on Thursday, assisted by firmer banks and miners and expectations that Britain would vote to stay in the European Union.

Major Headlines of the day:

•Sun announces share buyback
•Impact' effect to fuel change at Tata Motors
•Tata sons ordered to pay NTT DoCoMo $1.2 billion in arbitration award for JV stake

Trend in FII flows: The FIIs were net buyers of Rs 81.87 Cr in the cash segment on Thursday while the DIIs were net buyers of Rs 203.56 Cr, as per the provisional figures.

Read our more services below:
CapitalStars Financial Research Financial Advisory Services 
www.capitalstars.com |T:+91-731-6790000,6669900