Nifty ends Feb series below 10,800; Sensex falls 38 pts; TCS slips 3%.

capitalstars financial research pvt. ltd.

Benchmark indices ended marginally lower on the F&O Expiry day with Nifty closing below 10,800 level.
The Sensex was down 37.99 points at 35867.44, while Nifty was down 8.90 points at 10797.80. About 1463 shares have advanced, 1005 shares declined, and 153 shares are unchanged.
Vedanta, Coal India, BPCL, GAIL and IOC were the top gainers on the Nifty, while losers include TCS, Eicher Motors, Maruti Suzuki, UltraTech Cement and Hero Motocorp.
Among sectors, IT and auto witnessed some selling pressure, while buying seen in the FMCG, PSU bank, metal, pharma, energy and infra.

HEADLINES OF THE DAY
Lupin receives USFDA approval: Company received approval for its Azacitidine for Injection, 100 mg Single-Dose Vial from the USFDA to market a generic version of Celgene Corporations Vidaza.
REC announces interim dividend: The board of directors of REC in its meeting held on February 28 approved declaration and payment of interim dividend at Rs 11 per equity share of Rs 10 each for the financial year 2018-19. The said interim dividend will be paid/dispatched on March 19, 2019.
HEG buyback: The company’s buyback offer is going to open on March 8 and will close on March 22.

The crucial resistance for Nifty spot is now seen at 10870 and above this 10940 Support for the immediate term is now placed at 10750 next support will be 10640.

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Sensex, Nifty end lower amid Indo-Pak tensions; Bharti Airtel gains 2%.

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Benchmark indices ended lower as they remained volatile throughout the day amid tension on LoC.

At close, the Sensex was down 68.28 points at 35905.43, while Nifty was down 28.60 points at 10806.70. About 1141 shares have advanced, 1359 shares declined, and 170 shares are unchanged. 

Bajaj Auto, Sun Pharma, Bharti Airtel, L&T, TCS, UltraTech Cement and UPL were among top gainers on the indices, while losers were Tata Motors, Vedanta, Kotak Mahindra Bank, HUL, NTPC, Bharti Infratel, Wipro and Titan Company.

Among sectors, selling was seen in the IT, metal, FMCG and bank space, while buying seen in the auto, infra and pharma space.

HEADLINES OF THE DAY

Rain Industries Q3 result: Company reported Q3 net loss at Rs 139.1 crore against profit of Rs 307.2 crore. Revenue was up 9.5% at Rs 3,444 crore versus Rs 3,146 crore, YoY.

Brigade Enterprises signs MoU: The company has signed aa MoU with Technopark, government of Kerala for developing World Trade Center, Thiruvanthapuram.

HG Infra bags order: Company has bagged an EPC order worth Rs 189.49 crore from Megawide Construction DMCC for Flexible & Rigid Pavement (Runway, Taxiway & Apron) at Greenfield International Airport at MOPA, GOA.

The crucial resistance for Nifty spot is now seen at 10940 and above this 11120 Support for the immediate term is now placed at 10720 next support will be 10640.

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Nifty ends below 10,850, Sensex falls 239 points; Tata Motors gains 4%.

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Indian indices registered a sharp recovery on Tuesday after it slipped in the morning trade on the back of Indian Air Force (IAF) strike early morning in Pakistan occupied Kashmir (PoK).

The Sensex was down 239.67 points at 35973.71, while Nifty was down 44.80 points at 10835.30. About 930 shares have advanced, 1556 shares declined, and 144 shares are unchanged. 

Top gainers include Zee Entertainment, Tata Motors, TCS, Coal India and IOC, while losers were Indiabulls Housing, HDFC, ICICI Bank, HCL Tech and Infosys.

Among the sectors, PSU bank, energy, infra, IT and FMCG witnessed selling pressure, while some buying was seen in the auto, metal and pharma space.

HEADLINES OF THE DAY

ICRA cuts rating on NCDs of Karur Vysya Bank to ICRA A (stable) from A+ (negative).

Kotak Mahindra Bank approved increase in ceiling limit on the total shareholding of Foreign Institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs) from the current limit of 43% to 45% with immediate effect.

Lupin launches Minocycline Hydrochloride ER tablets: Company announced the launch of Minocycline Hydrochloride Extended-Release Tablets USP 55mg, having received an approval from the United States Food and Drug Administration (FDA) earlier.

Bank of India approves to issue equity shares to government: Board of Directors at their meeting approved for issue of fresh equity shares to Government of India through preferential issue in respect of share application money of Rs 4638 crore received, after obtaining shareholders and other approvals.

The crucial resistance for Nifty spot is now seen at 10920 and above this 11120 Support for the immediate term is now placed at 10700 next support will be 10580.

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Nifty ends above 10,850, Sensex up 341 points; IT stocks led gainers. 25 Feb 2019

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Bulls took the control on the Dalal Street on Monday with the Nifty and Sensex finished nearly 1 percent higher.

The Sensex was up 341.90 points at 36213.38, while Nifty was up 88.40 points at 10,880.10. About 1515 shares have advanced, 1072 shares declined, and 147 shares are unchanged. 

TCS, Grasim Industries, Yes Bank, Infosys and UltraTech Cement were among top gainers on the Nifty, while losers were Adani Ports, Bharti Infratel, BPCL, HPCL and Zee Entertainment.

Among the sectors, except infra, energy and PSU banks all other sectoral indices ended in green led by IT index (up 2%) followed by auto, pharma, metal and FMCG.

HEADLINES OF THE DAY

Tata Elxsi collaborates with NOS: Tata Elxsi and NOS announce the launch of the Digital Operations Transformation Toolbox (DOTT 2.0) for communication and entertainment service providers

Adani Ports and Special Economic Zone shares fell more than 8 percent intraday after its subsidiary Adani Logistics is set to acquire Adani Agri Logistics (AALL) from Adani Enterprises.

Adani Enterprises shares rallied 2.7 percent intraday after a media report indicated that company won bids for five airports.

The crucial resistance for Nifty spot is now seen at 10960 and above this 11120 Support for the immediate term is now placed at 10760 next support will be 10640.

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Sensex, Nifty end a rangebound session flat; metal stocks outperform.

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Benchmark indices ended flat on Friday after traded in narrow range throughout the day.

The Sensex was down 26.87 points at 35871.48, while Nifty was up 1.80 points at 10791.70. 

About 1602 shares have advanced, 906 shares declined, and 148 shares are unchanged. 

IOC, HPCL, JSW Steel, Vedanta and Yes Bank were the top gainers on the Nifty, while losers include Kotak Mahindra Bank, GAIL, HDFC Bank, Reliance Industries and Cipla.

Among the sectors, except energy and bank all other sectoral indices ended in green.

HEADLINES OF THE DAY

NBCC bags order: NBCC (India) Limited has secured following new orders on PMC basis

Suzlon Energy gains 22%: Shares of Suzlon Energy rose more than 22 percent on the back of report that Danish firm may buy controlling stake in the company.

Credit Suisse on Eicher Motors: The research house maintained neutral call on the stock with target at Rs 21,800 per share. According to firm, the state-wise trends is not too encouraging and within domestic motorcycles, company lost share in almost all the states in Q3.

PNB gets capital infusion from Govt: The bank has received Rs 5,908 crore towards contribution of Central Government in the preferential allotment of equity shares of the bank, as Government's Investment.

The crucial resistance for Nifty spot is now seen at 10860 and above this 10980 Support for the immediate term is now placed at 10620 next support will be 10480.

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Nifty ends a tad below 10,800, Sensex gains 142 pts; Tata Motors up 3%

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Benchmark indices closed on positive note with Nifty finished around 10,800 level helped by buying in select pharma, metal and PSU banking names. The Sensex was up 142.09 points at 35898.35, while Nifty was up 54.40 points at 10789.90. About 1555 shares have advanced, 971 shares declined, and 146 shares are unchanged. Except IT, all the sectoral indices ended in green. Midcap and smallcap also gained 0.8 percent and 1 percent respectively.

Indiabulls Housing, Bajaj Finserv, Tata Motors, Dr Reddys Labs and Vedanta were the major gainers, while losers include BPCL, Bharti Infratel, Yes Bank, Infosys and Maruti Suzuki on the Nifty.

HEADLINES OF THE DAY

Reliance Capital invites Nippon Life to acquire 42.88% stake in its mutual fund business Nippon Life Insurance already holds 42.88 percent stake in Reliance Nippon Life Asset Management

Piramal Enterprises rises 2% as SC exempt Saridon from list of banned FDCs The Supreme Court of India has ruled in favor of Saridon by exempting its formulation from the list of banned FDCs (Fixed Dose Combinations).

L&T asks SEBI to reconsider its Rs 9,000cr buyback plan: Report L&T wants to complete the buyback within one year from the date of announcement.

L&T asks SEBI to reconsider its Rs 9,000cr buyback plan: Report L&T wants to complete the buyback within one year from the date of announcement.

The crucial resistance for Nifty spot is now seen at 10871 and above this 10996 Support for the immediate term is now placed at 10653 next support will be 10485.

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Nifty ends close to 10,750, Sensex up 403 pts; metal, oil stock in focus.

capitalstars financial research pvt. ltd.

Indian indices bounced back and broke the 8-day losing streak on Wednesday with Nifty ended near to 10,750 mark helped by metal, IT and oil & gas stocks.

The Sensex was up 403.65 points at 35756.26, while Nifty was up 131.10 points at 10735.50. About 1468 shares have advanced, 1107 shares declined, and 161 shares are unchanged. 

Top gainers include Indiabulls Housing, Vedanta, Tata Steel, Adani Ports and Hindalco Industries, while losers are Zee Entertainment, Hero Motocorp, Dr Reddys Labs, HUL and Bajaj Auto.

All the sectoral indices ended in green led by metal, IT, energy, infra, bank, pharma and auto stocks.

HEADLINES OF THE DAY

HCL Technologies wins contract: HCL Technologies has won a five year IT infrastructure and application services contract with EDF Luminus, the second largest electricity producer and energy supplier in the Belgian energy market.

Yes Bank gained 3%: Moody's has affirmed bank's rating, while changed outlook of the company to stable from negative.

TRF to issue preference shares to Tata Steel: The board approved proposal to issue, offer and allot up to 25,00,00,000 12.5% NCRPS of face value of Rs10 each at par aggregating up to Rs 250 crore to Tata Steel on a private placement basis, subject to the approval of the shareholders of the company.

The crucial resistance for Nifty spot is now seen at 10840 and above this 10960 Support for the immediate term is now placed at 10620 next support will be 10480.

The crucial resistance for Nifty spot is now seen at 10720 and above this 10920 Support for the immediate term is now placed at 10480 next support will be 10370.

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Sensex ends 145 pts lower, Nifty manages to hold 10,600; IT stocks drag.

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Bears dragged the Nifty below 10,600 during last hour trading but managed to close just above the 10,600 level.

At the end, Sensex was down 145.83 points at 35352.61, while Nifty was down 36.60 points at 10604.40. About 1360 shares have advanced, 1169 shares declined, and 122 shares are unchanged.

Wipro, TCS, IndusInd Bank, NTPC and Infosys were the top losers on the Nifty while top gainers include Vedanta, Grasim Industries, BPCL, Zee Entertainment, and JSW Steel.

IT space was a major drag among the sectors followed by pharma and energy, while buying was seen in FMCG, metal and PSU bank index.

HEADLINES OF THE DAY

TCS partners Nanoheal: Tata Consultancy Services announced a partnership with Nanoheal, a predictive workspace automation platform provider, to offer enterprises cognitive, self-healing end-user device management solutions.

Jubilant Food promoter releases pledge on 9.5 lakh shares (0.7% equity) on February 15.

Divi's Labs to exchanges: Officials of Income-Tax Department conducted search at the Company's Head Office, Research Centre and Manufacturing sites from 14th February 2019 to 18th February 2019 under Section 132 of the Income-Tax Act.

The crucial resistance for Nifty spot is now seen at 10720 and above this 10920 Support for the immediate term is now placed at 10480 next support will be 10370.

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Sensex ends 358 pts higher, Nifty above 11,050; IT, metal stks among major gainers.

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Benchmark indices ended at day's high with Nifty closing above 11,050 level.

The Sensex was up 358.42 points at 36975.23, while Nifty was up 128.10 points at 11,062.50. About 1032 shares have advanced, 1512 shares declined, and 144 shares are unchanged. 

Tech Mahindra, Cipla, Zee Entertainment, Grasim and Tata Steel are the top gainers on the Nifty, while losers include Adani Ports, IndusInd Bank, Dr Reddys Labs, Titan Company and NTPC.

All the sectoral indices ended in green led by metal and IT with 2 percent gain, followed by auto, energy, FMCG and Pharma.

HEADLINES OF THE DAY

JSW Steel Q3 result: Net profit down at Rs 1,624 crore, while revenue up at Rs 20318 crore.
Cipla Q3 result: Consolidated net profit fell 171% at Rs 332.2 crore versus Rs 400.5 crore, revenue up at Rs 4,077.5 crore versus Rs 3,914 crore, YoY.
Lupin Q3 result: The company has posted Q3FY19 consolidate net loss at Rs 151.7 crore which included one-time loss of Rs 342.2 crore.
Siemens Q3 net profit at Rs 228 crore, revenue at Rs 2,807 crore.


The crucial resistance for Nifty spot is now seen at 11140 and above this 11300 Support for the immediate term is now placed at 10960 next support will be 10820.

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Flat end for D-Street, Nifty manages to hold 10,900; auto stocks rally.

capitalstars financial research pvt. ltd.

Equities have ended the session on a flat note, with the Nifty closing above 10,900-mark. 

Barring automobiles, weakness was visible among all sectoral indices, with pain visible among energy, consumption, infrastructure, and metals space. The midcap index fell nearly a percent. 

At the close of market hours, the Sensex was up 34.07 points or 0.09% at 36616.81, and the Nifty up 22.10 points or 0.20% at 10934.40. The market breadth was negative as 852 shares advanced, against a decline of 1679 shares, while 146 shares were unchanged.

Hero MotoCorp, IndusInd Bank, Zee Entertainment and Titan were the top gainers, while Tata Motors, Coal India, and Tata Steel lost the most.

HEADLINES OF THE DAY

The Volatility index, India VIX is trading slightly higher than yesterday's close at 15.74 (up 0.11%).
Titan Company is up about 4% intraday. It has also touched its 52-week high today.
PNB Q3 profit at Rs 246.5 crore, NII rises 8% to Rs 4,290 crore; asset quality improves
Among BSE 200 stocks, 7 have touched 52-week low today including Reliance Capital, Reliance Infra and Tata Global beverages. Three stocks among BSE 200 have touched 52-week high including Axis Bank, Divi's Laboratories and Titan Company.

The crucial resistance for Nifty spot is now seen at 11120 and above this 11380 Support for the immediate term is now placed at 10800 next support will be 10690.

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