Showing posts with label Agri Tips. Show all posts
Showing posts with label Agri Tips. Show all posts

Closing Bell: Nifty ends below 11,350, Sensex sheds 305 points; metal stocks gain, Bajaj Finserv falls 5%.



Benchmark indices reported third straight session loss on July 22 but ended off day's low with Nifty below 11,350 level.
At close, the Sensex was down 305.88 points at 38,031.13, while Nifty was down 73.10 points at 11, 346.20. About 816 shares have advanced, 1680 shares declined, and 155 shares are unchanged. 
Bajaj Finserv, HDFC, Kotak Mahindra Bank, HDFC Bank and Eicher Motors were among major losers on the Nifty, while gainers were Yes Bank, Vedanta, Hindalco Industries, Zee Entertainment and Indiabulls Housing.
Among sectors, Banks and FMCG indices ended 1 percent lower, while buying seen in the metal, pharma, energy, IT and auto. On the other hand, midcap index was down 0.6 percent, while smallcap index shed 1%.

HEADLINES OF THE DAY

GSK Pharma Q1: Net profit rose 35% at Rs 113.5 crore versus Rs 84.1 crore, revenue up 7.1% at Rs 788 crore against Rs 735.7 crore. EBITDA up 21.9% at Rs 165.3 crore and margin was at 21%, YoY.
Benchmark indices are recovered from the day's low with Nifty hovering around 11350 level.

The crucial resistance for Nifty spot is now seen at 11480 and above this 11600 Support for the immediate term is now placed at 11200 next support will be 11060.

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Sensex, Nifty lower for second straight session as RBI keeps rates unchanged.

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It’s a negative close for the market for second consecutive session as investors reacted to the stance on interest rates by the Reserve Bank of India. The Monetary Policy Committee (MPC) kept interest rates unchanged, but sharply cut the inflation targets for October-March.
However, equity benchmarks are off their low points as the Sensex had cracked over 300 points, while the Nifty tested 10,750-mark.

Selling was visible across all major sectors, with automobiles, banks, consumption, infrastructure, metals and pharma ending in the red. The Nifty Midcap was down over a percent.
At the close of market hours, the Sensex was down 249.90 points or 0.69% at 35884.41, while the Nifty was lower by 80.20 points or 0.74% at 10789.30. The market breadth was negative as 799 shares advanced, against a decline of 1,744 shares, while 145 shares were unchanged.
HUL and HDFC were the top gainers, while Sun Pharma, Tata Steel, and Hindalco lost the most.

HEADLINES OF THE DAY

REC has reported a net profit of Rs 1,764 crore for the September quarter against Rs 1,408 crore posted during the same quarter of last year.
RBI MPC meet outcome highlights:

- Repo rate unchanged at 6.5%

- CPI inflation has been projected at 2.7-3.2% for October-March

- FY19 GDP growth target maintained at 7.4%

- October-March GDP Growth Forecast at 7.2-7.3%

The repo rate has been unchanged at 6.5 percent.
The Indian rupee is trading flat at 70.48 per dollar against previous close of 70.49.
Dilip Buildcon Ltd fined Rs 33.78 cr for excavation work in Maharashtra.

The crucial resistance for Nifty spot is now seen at 10920 and above this 11200 Support for the immediate term is now placed at 10650 next support will be 10540.


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Sensex closes over 100 points lower, Nifty below 10,900; IT stocks gain.

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Shares have closed lower, amid caution ahead of RBI’s monetary policy committee meeting outcome on Wednesday. Uncertainty over US-China trade truce has also weighed on indices. 
Among sectors, weakness was visible among automobiles, banks, consumption and infrastructure names, while IT and pharma index ended in the green. The Nifty Midcap index was lower by around one-third of a percent. 

At the close of market hours, the Sensex closed down 106.69 points or 0.29% at 36134.31, while the Nifty was lower by 14.30 points or 0.13% at 10869.50. The market breadth is negative as 1154 shares advanced, against a decline of 1393 shares, while 143 shares were unchanged.
ONGC, Wipro, and BPCL were the top gainers, while Sun Pharma and M&M lost the most.  

HEADLINES OF THE DAY

Uflex shares rallied 6.5 percent intraday Tuesday on receiving patent from the United States for BOPET film. Ramco System shares climbed 4.4 percent intraday after the company joined hands with KPMG Malaysia to offer HR & payroll business platform as a service (BPaaS).

Tata Motors Plans Large-scale Overhaul Of Its Sales Network.
Govt Not To Participate In LIC's Open Offer In IDBI Bank.
IL&FS New Board Says Group-level Resolution For Crisis, Debt Unlikely.
IDBI Bank Tuesday said government will not participate in LIC's open offer to acquire 51 percent stake in the bank.

The crucial resistance for Nifty spot is now seen at 10920 and above this 11200 Support for the immediate term is now placed at 10700 next support will be 10590.

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Nifty trades around 10,450, Sensex down; Sept WPI inflation rises to 5.13%

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Indian Indices:              
                                            Equity benchmarks are trading lower, with the Nifty giving up 10,450-mark. The Sensex is down around one-fifth of a percent.

The Sensex is down 71.57 points or 0.21% at 34662.01, while the Nifty is lower by 33.10 points or 0.32% at 10439.40. The market breadth is narrow as 1,024 shares advanced, against a decline of 688 shares, while 1,744 shares were unchanged.

Among sectors, IT and pharmaceuticals are holding the fort for the market, while there is weakness in automobiles, banks, and the metals space. The midcap index is marginally higher.

Global Market:

Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 1.39% while the Hang Seng is down 1.24%. The Shanghai Composite is not trading.

US Markets: Asia stocks fall following sell-off last week.

European markets: European markets finished lower on Friday with shares in France leading the region. The CAC 40 is down 0.20% while London's FTSE 100 is off 0.16% and Germany's DAX is lower by 0.14%.

Major Headlines of the day:

  Asian shares slip on lingering trade, US rates worries
  IndusInd Bank Q2 preview: PAT may grow 23%, but analysts watch out for IL&FS impact
  D-Mart operator Avenue Supermarts posts 19% growth in profit for Q2
  Results to be announced today :- Delta corp,Indiabulls hsg,Indusind bank,Zee learn.


Trend in FII flows:-  The FIIs were Net Value of Rs  -1322.13 segment while the DIIs were Net Value of  1287.29 per the provisional figures.

Securities in Ban For Trade Date 15-OCTOBER-2018
1.Idbi
2.Adanipower

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Sensex falls over 350 pts ahead of MPC rate decision; ONGC tanks 13%

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Indian Indices: 
                                        Benchmark indices pared some of its morning losses with Sensex trading above 34,800, while Nifty is trading around 10,450 level.

Titan Company, Indiabulls Housing, IndusInd Bank, Bharti Infratel and Sun Pharma are the top gainers on the Nifty.

Global Market:

•    Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.80% while the Hang Seng is down 0.49%. The Shanghai Composite is not trading.

•    US Markets: Dow falls the most in 2 months on fears of rising rates as 10-year yield hits highest since 2011.

•    European markets: European markets finished broadly lower today with shares in France leading the region. The CAC 40 is down 1.47% while London's FTSE 100 is off 1.22% and Germany's DAX is lower by 0.35%.

Major Headlines of the day:

•        Rising US bond yields hit global markets, Asian stocks fragile
•        Sandeep Bakhshi dons a heavy hat after Chanda Kochhar's exit from ICICI Bank.

Trend in FII flows:-  The FIIs were Net Value of Rs -2760.63 cash segment while the DIIs were Net Value of  1823.59 per the provisional figures.

Securities in Ban For Trade Date 05-OCTOBER-2018
NIL

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Sensex under pressure amid weakening rupee and Italy woes; Eicher Motors trips 5%

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Indian Indices:        
                                           The market continued to be in bear trap as benchmark indices remained under pressure amid further weakness in rupee and Italy's Budget plan woes.

The 30-share BSE Sensex fell 192.02 points to 36,334.12 and the 50-share NSE Nifty declined 65.10 points to 1,0943.20.

The BSE Midcap index traded lower by 0.7 percent but Smallcap index gained half a percent on positive market breadth. About 1,359 shares advanced against 908 declining shares on the BSE.

Global Market:

•    Asian markets: Japanese shares are lower today as the Nikkei 225 falls 0.70%. The stock markets in Hong Kong and Shanghai are closed at this time.

•    US Markets: Dow notches 14th record of 2018 as index shakes off Italian drama; Nasdaq and S&P 500 lag.

•    European markets: European markets finished lower on Tuesday with shares in France leading the region. The CAC 40 is down 0.71% while Germany's DAX is off 0.42% and London's FTSE 100 is lower by 0.28%.

Major Headlines of the day:

•    IL&FS crisis: MCA ensured swift change of guard with FinMin in agreement.
•    Indian rupee hits fresh all-time low of 73.41/USD

Trend in FII flows:-  The FIIs were Net Value of Rs -1841.63 cash segment while the DIIs were Net Value of  1804.94 per the provisional figures.

Securities in Ban For Trade Date 03-OCTOBER-2018

NIL

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Benchmark indices see volatility, Nifty around 10,900 likely to open lower; Bajaj Auto up 1%,

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Indian Indices:

                                    It’s a weak start to the month on the market on Monday morning, with the Nifty below 11,000, while the Sensex is down almost 100 points.

Among sectors, banks are in the red, along with automobiles and metals. The Nifty Midcap is down over a percent.

The Sensex is down 88.38 points or 0.24% at 36138.76, while the Nifty is lower by 51.80 points or 0.47% at 10878.70.

Infosys, ITC, and GAIL are the top gainers, while Kotak Mahindra Bank, Yes Bank and J Kumar Infra have lost the most.

Global Market:

•    Asian markets: Japanese shares are higher today as the Nikkei 225 gains 0.65%. The stock markets in Hong Kong and Shanghai are closed at this time.

•    US Markets: S&P 500 posts best quarter since 2013.

•    European markets: European markets finished broadly lower on Friday with shares in Germany leading the region. The DAX is down 1.52% while France's CAC 40 is off 0.85% and London's FTSE 100 is lower by 0.47%.

Major Headlines of the day:

•        Rahul Gandhi attacks PM Modi on IL&FS issue
•        Indian rupee opens lower by 12 paise at 72.60 per dollar.

Trend in FII flows:-  The FIIs were Net Value of Rs -1699.94 cash segment while the DIIs were Net Value of  3256.34 per the provisional figures.

Securities in Ban For Trade Date 01-OCTOBER-2018
NIL

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Falling rupee may impact chemical, agrochem sector; Infibeam loses Rs 9,200 crore in m-cap in just 1 day

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Rupee depreciation is likely to hit badly net importers of commodities as they have pay more to buy raw material or finished products. On the contrary, exporters will definitely be major beneficiaries.

More the exposure to imports, severe the impact of rupee fall. One of the sectors that may be impacted is chemicals and agrochemicals, but IIFL feels the impact will not be same for all. While exporters can pass on to customers the cost advantage of rupee fall, in case of importers which can't pass on import cost, the pressure can likely go beyond FY19.

The research house said FY19 earnings are likely to be clouded by hedging losses and debt revaluation, so it focuses on earnings for FY20, by when the recurring impact on earnings should become more visible.

Infibeam Avenues Ltd, the operator of e-commerce firm Infibeam and the parent of payment gateway company CCAvenue, saw more than Rs 9,000 crore getting wiped out from its market capitalisation in a single day. The market capitalisation fell from Rs 13,105 crore recorded on Thursday to Rs 3,900 crore on Friday.

Deliverable quantity data needs to be analysed along with the share price. When the share price of the stock is moving down with a higher percent of deliverable quantity to traded quantity, it indicates bearishness in the share as most sellers are expecting the share price to go down.

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Sensex rebounds, Nifty hovers around 11,300; HDFC AMC

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 Indian Indices:                    
                                           MCX rallied nearly 3 percent on Wednesday after the market regulator, Sebi, said that it would soon come out with revised KYC norms for foreign investors and also overseas entities to trade in commodity derivative market.

With regard to the regulatory framework for permitting foreign entities, having actual exposure to Indian commodity market, to participate in the domestic commodity derivative market, Sebi said that such entities would be classified as Eligible Foreign Entities (EFEs).

Reacting to the new rules, domestic brokerage firms, Motilal Oswal maintains a buy on MCX and with a target price of Rs 1000, which translates into an upside of about 27 percent from current levels.

Global Market:

•    Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 1.52% while the Hang Seng is up 1.17%. The Shanghai Composite is not trading.

•    US Markets: The stock market may be getting it wrong by rallying in the face of new U.S.-Chinese tariffs.

•    European markets: European markets finished mixed as of the most recent closing prices. The DAX gained 0.51% and the CAC 40 rose 0.28%. The FTSE 100 lost 0.03%.

Major Headlines of the day:

•       Indian rupee opens higher by 27 paise at 72.71 per dollar
•       SEBI lowers IPO listing timeline to T+3 from current T+6

Trend in FII flows:- 
The FIIs were Net Value of Rs -1143.73 cash segment while the DIIs were Net Value of  264.66 per the provisional figures.

Securities in Ban For Trade Date 19-SEPTEMBER-2018
1.Adanient
2.Balramchin

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Rising crude and falling rupee is acting as a double whammy for airline stocks

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Starting from RPK, it goes on to ASK, RASK, CASK and so on. Looks like they are designed to deceive rather than to help to dissect.

Still, no harm in understanding what are they. RPK refers to revenue per passenger-kilometer while ASK refers to available seat-kilometer.Rest should be easy with RASK pointing to revenue per available seat-kilometer and CASK representing the cost side of the equation.

If analyst’s job is to distil the complex numbers into a simple insight, here is this simple question that can help to distil and understand the economics of airline business, particularly in the Indian context.

For many industries, demand outlook defines and dictates profitability. A brighter outlook on demand invariably means buoyant profits. But that equation hardly holds for the airline industry.

With buzzing airports and jammed taxiways, demand is the last thing the airlines are anxious about. While there is no dearth of demand for air travel.

The lethal combination of rising crude oil prices and falling rupee is likely to act as a double whammy and could wreck the pricing plans of relatively stronger ones further with significant spare capacity at their disposal.

To answer that simple question we had posted above, the industry’s lack of pricing power may be arising from the rare blend of industry’s inherent fixed cost structures and spare capacity in the hands of weaker players.

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D-Street extends losses on weak rupee, Sensex down over 200 points; Nifty breaks 11,500

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Indian Indices:   
                                        It’s a red start to the truncated week, with the Sensex shedding over 100 points, while the Nifty fell below 11,600.Tepid global market movements along with a weakness in the Indian currency are likely to have weighted on the market. The Indian currency opened at another record low of 72.18 per US dollar, continuing its bearish move in the past few sessions. 

The Sensex is down 116.02 points or 0.30% at 38273.80, while the Nifty is lower by 25.90 points or 0.22% at 11563.20. The market breadth is narrow as 460 shares advanced, against a decline of 440 shares, while 65 shares were unchanged.

Shares of Axis Bank and Infosys are the top gainers, while Sun Pharma, Kotak Mahindra Bank, and Indiabulls Housing have lost the most. Axis Bank’s shares are higher after it announced a successor to Shikha Sharma. Sun Pharma, meanwhile, is down on reports of fresh inspection by US FDA at its Mohali unit. 

Global Market:

•    Asian markets: Asian shares started the week in the red on Monday, faltering for the eighth straight day while the dollar held on to recent gains as US President Donald Trump raised the stakes in the heated trade dispute with China.

•    US Markets: The Nasdaq fell more than 1 percent on Wednesday, dented by technology stocks after Facebook Inc and Twitter Inc executives defended their companies before skeptical U.S. lawmakers.

•    European markets: Europe markets mixed amid earnings; Randstad shares up 2.5%.

Major Headlines of the day:

•     Nifty to consolidate amid IIP, WPI data; top 3 stocks to bet on.
•    The Rupee Is Falling and India Should Let It.

Trend in FII flows:-  The FIIs were Net Value of Rs 37.56 cr. cash segment while the DIIs were Net Value of  942.45 cr. per the provisional figures.

Securities in Ban For Trade Date 07-SEPTEMBER-2018

NIL

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Sensex marginally off its high point, Nifty manages to hold 11,700; metals extend gains

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Indian Indices:  
                                        Shares are marginally off their high points, but the Nifty is managing to hold 11,700. The Sensex is trading above 38,700-mark as well.

The Bank Nifty is trading flat with a negative bias, while all other sectoral indices are trading in the green. IT, metals and pharma have extended their gains, while, autos are trading higher too. Energy stocks are seeing some weakness, with the Nifty energy index falling 0.2 percent. In the broader market, the Nifty Midcap is up around a percent. 

The Sensex is up 79.67 points or 0.21% at 38724.74, and the Nifty up 23.20 points or 0.20% at 11703.70. The market breadth is positive as 1,461 shares advanced, against a decline of 860 shares, while 108 shares are unchanged.

Global Market:

Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.50% while the Hang Seng is down 0.90%. The Shanghai Composite is not trading.

US Markets: Stocks clinch best August performance in over 4 years despite trade turmoil.

European markets: European markets finished sharply lower on Friday with shares in France leading the region. The CAC 40 is down 1.30% while London's FTSE 100 is off 1.11% and Germany's DAX is lower by 1.04%.

Major Headlines of the day:

•     Hero MotoCorp sales rise to 685,047 units in August.

•     Will positive sentiment push Nifty near 11,800 on Monday after strong Q1 GDP data?

Trend in FII flows:-  The FIIs were Net Value of Rs -212.81 cash segment while the DIIs were Net Value of  171.92 per the provisional figures.

Securities in Ban For Trade Date 03-SEPTEMBER-2018

NIL

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Nifty around 11,550, Sensex trades lower; bank, pharma underperform

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Indian Indices:     
                                         Equity benchmarks have marginally extended their gains from the opening minutes, with the Nifty trading around 11,600-mark. The Sensex is up around 50 points. A sharp recovery in banks as well as metals has helped the market. FMCG and pharmaceuticals are trading in the red. Meanwhile, midcaps are trading in the green, up around quarter of a percent.

The Sensex is up 56.53 points or 0.15% at 38393.29, while the Nifty is up 13.50 points or 0.12% at 11596.30. The market breadth is narrow as 942 shares advanced, against a decline of 740 shares, while 94 shares are unchanged.

Global Market:

•    Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.35% while the Hang Seng is down 0.64%. The Shanghai Composite is not trading.

•    US Markets: US stock market sets record-long bull run.

•    European markets: European markets finished lower today with shares in Germany leading the region. The DAX is down 0.16% while London's FTSE 100 is off 0.15% and France's CAC 40 is lower by 0.02%.

Major Headlines of the day:

•    BG Asia Pacific Holdings sells 14% stake in Mahanagar Gas via bulk deals.
•    Asia stocks track Wall Street lower, dollar buoyant.

 Trend in FII flows:-  The FIIs were Net Value of Rs 433.21 cash segment while the DIIs were Net Value of  142 per the provisional figures.

Securities in Ban For Trade Date 24-AUGUST-2018


1.Jisljaleqs
2.Raymond.

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Sensex, Nifty give up gains after record high opening; The Nifty Midcap index has also erased all of its gains

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Indian Indices:                    
                                         Equities are off to a record high start, following the rally on Monday. There is buying seen among all sectors, with banks being one of the top gainers. This is followed by IT, auto, pharamceuticals and metals, among others. The midcap index is also trading in the green.

The Sensex is up 77.31 points or 0.20% at 38356.06, while the Nifty is up 26.70 points or 0.23% at 11578.50.  The market breadth is positive as 405 shares advanced, against a decline of 140 shares , while 51 shares are unchanged.

Among stocks, ONGC, Vedanta, HCL Tech and Tech Mahindra are the top gainers, while Airtel, Power Grid, and ICICI Bank are the top losers.

Global Market:

•    Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.03%  while the Hang Seng is up 0.51%. The Shanghai Composite is not trading.

•    US Markets: U.S. stocks close higher for third session as billion-dollar deals shore up confidence.

•    European markets: European markets finished higher today with shares in Germany leading the region. The DAX is up 0.99%  while France's CAC 40 is up 0.65% and London's FTSE 100 is up 0.43%. 

Major Headlines of the day:

•    MCA probes Jet Airways on suspicion of siphoning funds: Sources.

•    Asia stocks capped, dollar droops following Trump comments.


Trend in FII flows:-  The FIIs were Net Value of Rs -483.04 cash segment while the DIIs were Net Value of  593.22 per the provisional figures.

Securities in Ban For Trade Date 21-AUGUST-2018


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