Closing Bell: Nifty ends below 10,950, Sensex falls 623 pts; RIL up 9%, Yes Bank falls 10%.

After holding on the gains in the first half, the market gave up all its intraday gains in the second half and ended near day's low with Nifty finished below 10,950.

At close, the Sensex was down 623.75 points at 36,958.16, while Nifty was down 183.80 points at 10,925.90. About 870 shares have advanced, 1621 shares declined, and 144 shares are unchanged. 

Yes Bank, M&M, UPL, Bajaj Finance and Bajaj Finserv were among major losers on the Nifty, while gainers were Indiabulls Housing, Reliance Industries, Sun Pharma, GAIL and Hindalco Industries.

Among sectors, except energy (up 1.9 percent), all other indices are ended in the red led by the infra (down 3.6 percent), auto (down 4 percent), PSU bank (down 2.6 percent) followed by metal, pharma, IT and FMCG. BSE Midcap index slipped 2.2 percent, while BSE smallcap index shed 1.4 percent.

HEADLINES OF THE DAY

Sun Pharma Q1 result: Company's consolidated net profit rose 31 percent at Rs 1,387.5 crore against Rs 1,057.3 crore, while revenue up 16 percent at Rs 8,374.4 crore against Rs 7,224.2 crore, YoY.

Motherson Sumi falls nearly 10% on dismal Q1 result: Share price of Motherson Sumi Systems fell nearly 10 percent on August 13 after company reported dismal numbers for the quarter ended June 2019.

Bosch Q1 result: Net profit was down 35 percent at Rs 280 crore against Rs 431 crore, revenue was down 13.5 percent at Rs 2,779 crore against Rs 3,212 crore, YoY.

Sun TV Network hits 3-year low: Shares of Sun TV Network fell more than 4 percent to hit fresh three-year low on August 13 as global brokerages slashed price target on the stock after weak earnings in Q1.

The crucial resistance for Nifty spot is now seen at 11200 and above this 11460 Support for the immediate term is now placed at 10800 next support will be 10660.

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Market at close: The last hour selling has pulled the indices to the day's low level after remained volatile as Reserve Bank of India (RBI) has cut the repo rate by 35 bps at 5.40 in its policy meet.

At close, the Sensex was down 286.35 points at 36,690.50, while Nifty was down 92.80 points at 10,855.50. About 1107 shares have advanced, 1348 shares declined, and 159 shares are unchanged. 

Indiabulls Housing, M&M, Tata Steel, Tata Motors and BPCL were among major losers on the Nifty, while gainers were Zee Entertainment, Cipla, HUL, Yes Bank and Hero Motocorp.

Except IT and pharma, all other sectoral indices ended in the red led by bank, metal, auto, energy and infra. BSE midcap and smallcap index ended with marginal loss.

Adani Ports Q1 earnings:

The company's Q1 net profit at Rs 1,022.4 crore including one-time loss at Rs 58.6 crore. Revenue of the company for the June quarter was at Rs 2,794.5 crore

Its other income was up Rs 422.5 crore versus Rs 292.8 crore. EBITDA margin was up at 66.1% versus 52.8%.

Cipla Q1 result:

The company's Q1 consolidated net profit was up 6 percent at Rs 478.2 crore against Rs 451.3 crore. Revenue was up at Rs 3,989 crore against Rs 3,940 crore, YoY.

Earnings before interest, tax, depreciation and amortization (EBITDA) rose 24.4% at Rs 904.6 crore against Rs 727.4 crore and margin was up 220 bps at 22.7 percent versus 18.5 percent.

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Closing Bell: Nifty ends above 10,800 after slipping below this level for the 1st time since Feb 27

Indian indices ended on negative note but off day's low on August 5 amid government decided to withdraw Article 370 from J&K.

Jammu and Kashmir will be a Union Territory with a legislature, while Ladakh region will be a Union Territory without a legislature, according to the government's plan for J&K, said Amit Shah.

At close, the Sensex was down 418.38 points at 36,699.84, while Nifty was down 134.80 points at 10,862.60. About 742 shares have advanced, 1659 shares declined, and 138 shares are unchanged. 

Bharti Airtel, Tech Mahindra, Coal India, TCS and Bajaj Auto were among major gainers on the Nifty, while losers include Yes Bank, UPL, Tata Motors, Power Grid Corp and Grasim Industries.

RIL subsidiary RIIHL to acquire software firm Fynd

Nestle up 3% on plans to set up 9th factory in India at Sanand, Gujarat

BHEL commissions additional 116MW pumping unit in Telangana

Natco Pharma reports successful completion of USFDA inspection; stock trades flat.

Thanks & Regards

Sourabh Dubey

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Closing Bell: Nifty ends below 11,200, Sensex down 196 points; Metals, auto worst hit.

Indian indices ended on negative note but off day's low on July 29 with Nifty finished below 11,200 level.

At close, the Sensex was down 196.42 points at 37,686.37, while Nifty was down 92.10 points at 11,192.20. About 797 shares have advanced, 1614 shares declined, and 124 shares are unchanged. 

Indiabulls Housing, Grasim Industries, Tata Motors, Vedanta and Bharti Infratel were among major losers on the Nifty, while gainers were ICICI Bank, HCL Tech, IndusInd Bank, TCS and Infosys.

Except IT all other sectoral indices ended in the red led by auto, metal, infra, pharma, FMCG and energy. BSE Midcap index shed 0.7 percent, while BSE Smallcap index fell 1 percent.

HEADLINES OF THE DAY

Chennai Petro Q1: Consolidated net loss at Rs 229.3 crore against loss of Rs 25 crore, revenue up 1.9% at Rs 10,147 crore against Rs 9,957 crore, QoQ.

Alembic Pharma Q1: Consolidated net profit up 36.7% at Rs 123.7 crore against Rs 90.5 crore, revenue up 10% at Rs 948.9 crore versus Rs 862.5 crore, YoY.

SBI reduces interest rate on deposits across all maturities

Infosys opens new cyber defence centre.

The crucial resistance for Nifty spot is now seen at 11300 and above this 11460 Support for the immediate term is now placed at 11060 next support will be 10960.

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Sensex falls over 100 pts, Nifty holds 10,700;

Capitalstars Financial Research Pvt. Ltd.

Indian Indices:                   
                                          Benchmark indices started the day on flat note with Nifty slipped below 10,750 level. Nifty bank and Nifty midcap 100 are trading lower by 0.40 percent.At 09:16 hrs IST, the Sensex is down 88.42 points at 35,686.46, while Nifty down 30.40 points at 10733. About 262 shares have advanced, 502 shares declined, and 34 shares are unchanged.

Global Market:

Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.86% while the Hang Seng is down 1.69%. The Shanghai Composite is not trading.

US Markets: Dow plunges about 400 points as Apple, Amazon and Facebook fall.

European markets: European markets finished lower today with shares in Germany leading the region. The DAX is down 0.85% while France's CAC 40 is off 0.79% and London's FTSE 100 is lower by 0.19%.

Major Headlines of the day:

• Rupee opens higher at 71.45 per dollar.
• Overhaul of Yes Bank board likely, R Chandrashekhar resigns as independent director.
• Jet Airways management to meet pilots on November 20 on salary payments.

 Trend in FII flows:-  The FIIs were Net Value of Rs  1103.36 segment while the DIIs were Net Value of  -310.26 the provisional figures.

Securities in Ban For Trade Date 20-NOVEMBER-2018

1.Adanipower
2.Adanient
3.Jetairways
4.PCJeweller

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Selloff grips D-Street as Sensex falls around 200 points; Nifty hovers around 11,000; Indiabulls Housing rises 7%

Capitalstars Financial Research Pvt. Ltd.

Indian Indices:  
                                       A sharp selloff has gripped the market in the past few minutes. The Sensex has fallen nearly 200 points, while the Nifty is trading near 11,000-mark. 

Financials, particularly PSU banks, are dragging the indices along with automobiles and FMCG names. Nifty IT index is also down over 1 percent. Midcaps, too, have given up all their gains. The Nifty Midcap index is trading quarter of a percent lower.

Tata Motors, ITC, and HCL Tech are the top losers, while Yes Bank, IndusInd Bank, and Indiabulls Housing have gained the most.

Global Market:

•    Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.06% while the Hang Seng is up 1.48%. The Shanghai Composite is not trading.

•    US Markets: Dow falls, erasing earlier gains, after tough trade talk from Trump administration.

•    European markets: European markets finished higher today with shares in London leading the region. The FTSE 100 is up 0.66% while Germany's DAX is up 0.19% and France's CAC 40 is up 0.05%.

Major Headlines of the day:

•       US-China trade war dims Asia's 2019 growth outlook: Asian Development Bank.
•       Banks expect to recover Rs 1.80 lakh cr from NPAs: FM Arun Jaitley.


Trend in FII flows:-  The FIIs were Net Value of Rs -1231.7 cash segment while the DIIs were Net Value of  2284.26 per the provisional figures.

Securities in Ban For Trade Date 26-SEPTEMBER-2018
1.Adapower
2.Dhfl


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BSE, NSE shut on September 20 on account of Muharram; Asian markets follow global shares higher,

Capitalstars financial Research Pvt. Ltd.

Leading stock exchanges, BSE and the National Stock Exchange (NSE) are shut on September 20, 2018 on account of Muharram.

There will be no trading in the equity market. Along with it, all wholesale commodity markets, including those of metals and bullion, are closed.Forex and commodity futures markets will also not conduct any kind of trading.

The week so far has been a rather disappointing one for the bulls. Equities have shed a huge chunk of their gains from last week. The Street had bet big on possible government measures to shore up the rupee and act on rising fuel prices.

At the close of market hours on September 19, 2018, the Sensex closed lower by 169.45 points or 0.45% at 37121.22, while the Nifty was down 44.50 points or 0.39% at 11234.40. The market breadth is negative as 978 shares advanced, against a decline of 1,667 shares, while 186 shares were unchanged.

Asian stocks rose in early trade on Thursday following a second day of gains on global share markets amid easing investor concern over the impact from the US-China trade war, but markets remained cautious.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.05 percent in early trade in Asia, taking support from Wall Street overnight.

US crude ticked up 0.4 percent at USD 71.43 a barrel, adding to a rise Wednesday after new data showed US crude inventories fell 2.1 million barrels last week, its fifth weekly drawdown, to 394.1 million barrels.

That was the lowest level since February 2015.Brent crude fell 0.1 percent to USD 79.31 per barrel.

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Sensex, Nifty under pressure amid rupee weakness, higher crude oil prices

Capitalstars Financial Research Pvt. Ltd.

The board of directors of Mahindra Logistics approved an investment of an amount upto Rs 7 crore in Transtech Logistics Private Limited.

Transtech Logistics Private Limited (TLPL) provides transport management solution to third party logistics companies (3PLs), shippers and transporters on a ‘software as a service’ model (SaaS) under the brand name ShipX.

MLL has been a customer to ShipX for more than three years and using the product for its supply chain management Vertical.

The proposed investment in TLPL, which has built a technology platform, is expected to bring operational efficiencies in SCM function of the company. Further, it would also provide opportunities to the company to offer technology solutions to its customers and business partners.

This is part of the larger end-to-end digitisation plan for the company. This investment will help TLPL in developing more product features and strengthening the organisation.

hares of Tata Chemicals declined 2.2 percent intraday after ICICI Prudential Life Insurance has reduced its stake in the company.

ICICI Prudential Life Insurance sold 52,13,678 shares (more than 2 percent) of the company at an average price of Rs 414.21 per share which were worth Rs 216 crore.Its stake in the company reduced to 2.97 percent from 5.02 percent earlier.

ICICI Prudential was holding 3.99 percent and 3.59 percent in the company for the quarter ended March 2018 and June 2018 respectively.

Share price of Greaves Cotton touched 52-week high of Rs 159.90, rising 9.5 percent in morning trade as company board approved acquisition of majority stake in Ampere Vehicles.

The board has approved the proposal of investment in Ampere Vehicles by acquiring 67 percent in the first phase and further 13 percent in a span of three years.

This acquisition will accelerate the development of clean energy technology solutions for mobility needs of passengers and small businesses, company said in release.

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Sensex at day's high, Nifty around 11,550; L&T up 6%, midcap gains

Capitalstars Financial research Pvt. Ltd.

Indian Indices:  
                                        Strong start for the D-Street, following positive global cues as Nifty surpassed 11,500 for the first time, while the Sensex is up around 150 points.

Among sectors, barring IT index all other sectoral indices are trading higher led by metal, bank, energy, infra and pharma. The Nifty Midcap index is also up over half a percent.

At 09:16 hrs IST, the Sensex is up 154.63 points or 0.41% at 38102.51, and the Nifty up 41.40 points or 0.36% at 11512.20. About 688 shares have advanced, 243 shares declined, and 57 shares are unchanged.

Infosys shed 3 percent on CFO resignation, while shares of Yes Bank, RIL, Future Retail are among major gainers. L&T surged 4 percent as board to consider buyback on August 23.

Global Market:

Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.18% while the Hang Seng is down 0.54%. The Shanghai Composite is not trading.

US Markets: U.S. and China officials are reportedly working on a plan to hold talks to end a trade dispute between the two countries that would result in meetings between Trump and Xi at a summit in November, according to the Wall Street Journal.

European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.03%, while the DAX led the CAC 40 lower. They fell 0.22% and 0.08% respectively.

Major Headlines of the day:

•    Asia shares inch up with yuan, wary on Sino-US talks.

•    The upcoming week will see a new entrant getting listed on the exchanges. CreditAccess Grameen will be listed on bourses  after having a successful initial public offering (IPO) issue.

Trend in FII flows:-  The FIIs were Net Value of Rs 147.31 cash segment while the DIIs were Net Value of  151.89 per the provisional figures.

Securities in Ban For Trade Date 20-AUGUST-2018

1.Adanipower
2.Adanient
3.Jisljaleqs
4.Jetairways
5.Raymond

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D-Street bounces back after 2 days of fall, Nifty reclaims 11,300

Capitalstars financial Research Pvt. Ltd.

Indian Indices:                       
                                           Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 44.5 points or 0.39 percent. Nifty futures were trading around 11,322-level on the Singaporean Exchange.After a weak two sessions, equity benchmarks on Friday morning have started the day on a good note.

At 09:15 hrs IST, the Sensex is up 182.90 points or 0.49% at 37348.06, while the Nifty is up 60.40 points or 0.54% at 11305.10. The market breadth is positive as 451 shares advanced, against a decline of 96 shares, while 41 shares are unchanged.

All sectoral indices are trading in the green, with gains in pharma, metals, energy and auto names, while midcaps have seen a strong start as well. The Nifty Midcap index is up over 0.6 percent.

Global Market:

• Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.14% while the Hang Seng is up 0.02%. The Shanghai Composite is not trading.

• US Markets: S&P 500 and Nasdaq rise as Apple tops $1 trillion market cap.

• European markets: European markets finished broadly lower today with shares in Germany leading the region. The DAX is down 1.50% while London's FTSE 100 is off 1.01% and France's CAC 40 is lower by 0.68%.

Major Headlines of the day:

• Results today :- Balmer Invest,Bank of Mah,Berger Paints,Bharat Gears,Blue Chip Tex,Carborundum,CG Power,Ent Network Ind,Hinduja Venture,Ind & Prud Invt,Laurus Labs,Mangalam Cement,Nestle,Nilkamal,SAIL,Sharda Motor,Titan Company,VIP  Industries.

•  Asia stocks restrained, dollar at two-week high as trade war saps confidence.

•  Mphasis to consider buyback of equity shares on August 7.

•  Trend in FII flows:-  The FIIs were Net Value of Rs  -639.87 in the cash segment while the DIIs were Net Value of  - 340.3 per the provisional figures.

Securities in Ban For Trade Date 03-AUGUST-2018

1.Adanipower

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Sensex, Nifty hit a record high! Nearly 30 stocks rose 20-40%; Intel Corp slips 8%

Capitalstars Financial Research Pvt. Ltd.

Indian markets created history last week with both benchmark indices rallying over 2 percent each. The S&P BSE Sensex gained 840 points or 2.3 percent while the Nifty50 rose 268 points or 2.43 percent for the week ended 27 July.The benchmark indices might have risen by a little over 2 percent but nearly 30 stocks on the BSE rose 20-40 percent in the same period.

As many as 8 stocks from the S&P BSE 500 index rallied over 20 percent in the last five trading sessions which include names like Inox Wind, Vijaya Bank, Prism Johnson, Dilip Buildcon, REC, Shriram Transport Finance, Reliance Capital, and Jindal Saw.The S&P BSE Midcap index rose 4.7 percent while the S&P BSE Smallcap index gained 4.6 percent for the week ended July 27.

Some investors are raising the concern that if the broader market keeps on under performing the rally which we are witnessing in the largecap space might not last for long. However, experts feel otherwise.

Data suggests that the broader market is under extreme pressure with worst performer being the real estate sector which is still trading below 85 percent to its lifetime highs and second-worst performer is the Infra index which is still trading 50 percent below its lifetime high.

The Sensex rose 352 points, or 0.95 per cent, to end at 37,337, led by gains in index heavyweight ITC, whose shares rose 5.24 per cent. The index posted an all-time high every day this week. The Nifty gained 0.99 per cent, or 111 points, to end at 11,278, with 35 of its components ending with gains. The Nifty Smallcap 100 and Nifty Midcap 100 index, too, ended with gains of around a per cen.

Market players said the next big triggers would be policy announcements by the Reserve Bank of India (RBI), European Central Bank and US Federal Reserve. The RBI, which increased policy rates in June for the first time since 2014, is set to review its monetary policy on August 1.

Intel Corp shares sank 8.6 percent after the chipmaker's data centre business missed estimates amid stiff rivalry from Advanced Micro Devices Inc shares rose 3.2 percent.The Dow Jones Industrial Average fell 76.01 points, or 0.3 percent, to 25,451.06, the S&P 500 lost 18.62 points, or 0.66 percent, to 2,818.82 and the Nasdaq Composite dropped 114.77 points, or 1.46 percent, to 7,737.42.The Nasdaq exceeded Thursday's losses to register once again its biggest daily percentage drop in a month.

For the week, the Nasdaq shed 1.06 percent, but the S&P rose 0.61 percent. The Dow, cushioned by promising developments in trade relations between the United States and the European Union earlier this week, added 1.57 percent.

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Sensex trades lower, Nifty may move to hit its life time high of 11,171

Capitalstars financial research pvt. ltd.

 Indian Indices:
                                            The Nifty closed above 11,000 zones after the price and time consolidation of last 24 weeks. It formed an Inside Bar on daily scale while a strong Bullish candle on weekly scale which indicates that overall strength could remain.The Sensex is down 73.57 points or 0.20% at 36468.06, while the Nifty is down 36.10 points or 0.33% at 10982.80. The market breadth is negative as 449 shares advanced, against a decline of 977 shares, while 73 shares were unchanged.All sectoral indices are trading in the red, with cuts visible among pharmaceutical as well as energy names. Midcaps, too, are trading in the red; the Nifty Midcap is down 1 percent.

Global Market:

• Asian markets- Shares in Hong Kong are higher today as the Hang Seng gains 0.04%. The stock markets in Tokyo and Shanghai  are closed at this time.

• US Markets: U.S. Stocks Resilient in Trade Spat, Sparking Complacency Fears

• European markets: European markets finished higher on Friday with shares in France leading the region. The CAC 40 is up  0.43% while Germany's DAX is up 0.38% and London's FTSE 100 is up 0.14%.

• Major Headlines of the day:

• Results today :- Jay BharatMarut, Mah Scooters ,Opto Circuits,Pasari Spinning,Bansisons Tea,HUL,Sintex Plastics,TRC  Finance,Pasari Spinning

• Indian rupee opens lower at 68.55 per dollar

• Asian shares edge lower as investors await China data

• Nifty Market pre-opening for July 16, 2018: Bulls may help Nifty hit earlier record high of 11,171

• Trend in FII flows:-  The FIIs were Net Value of Rs  -1104.65 in the cash segment while the DIIs were Net Value of Rs 872  as per the provisional figures.

Securities in Ban For Trade Date 16-JULY-2018

1. Jetairways

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Nifty likely to retest 10,600, Stocks in the News: Biocon, Idea, Vedanta, Quess Corp, SBI

Nifty likely to retest 10,600, Stocks in the News: Biocon, Idea, Vedanta, Quess Corp, SBI

Indian Indices:
                      
                        The Nifty50 is expected to open lower on Tuesday following muted trend seen in other Asian markets. The index closed 67 points lower at 10,628 on Monday. Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 20.5 points or 0.19 percent. Nifty futures were trading around 10,593-level on the Singaporean Exchange.

Global Market:

• Asian markets- Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.25% while the Hang Seng is up 0.10%. The Shanghai Composite is not trading.

• US Markets: The Dow Jones Industrial Average fell 54.95 points, or 0.22 percent, to 24,713.98, the S&P 500 lost 2.33 points, or 0.09 percent, to 2,720.13 and the Nasdaq Composite dropped 15.82 points, or 0.21 percent, to 7,382.47.

• European markets- European markets finished higher today with shares in France leading the region. The CAC 40 is up 0.98% while Germany's DAX is up 0.91% and London's FTSE 100 is up 0.70%.

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Major Headlines of the day:

• Biocon & Mylan receive USFDA nod for biosimilar Pegfilgrastim

• A penalty of Rs 7 crore has been imposed on SBI under FEMA 1999

• Bajaj Corp: The company participated in an analysts' call on June

• Mahindra Holidays: IDBI Mutual Fund and Motilal Oswal will meet the company's management on June 5 and June 6

• Sunteck Realty approves proposal to raise RFPIs limit from 24% to 49%

• Indian Hotels: Multiple investors will meet the company's management in an investors' conference on June 5.

• EClerx: Emkay, JM Financial, and Matthews International Capital will meet the firm between June 5 and June 19

• PNB Housing Finance raises funds by issue of NCDs

• Idea Cellular gets approval to increase FDI limit in company to 100%

• Vedanta pays Rs 5,300 crore for acquisition of Electrosteel Steel

• Tube Investments divested its entire shareholding in TI Absolute Concepts

• NIIT signs landmark Learning and Development Partnership with Pitney Bowes

• Bank of India files application with NCLT for initiation of corporate insolvency resolution process against Khaitan Electricals


Trend in FII flows:-  The FIIs were Net Value of Rs  +2354.03 in the cash segment MONDAY while the DIIs were Net Value of Rs  -712.41 as per the provisional figures.

Securities in Ban For Trade Date 05 JUNE 2018 :-

NONE

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Top 10 stocks from BSE 100 index with highest buy rating

Consensus might not be able to spot a multibagger but they could spot safe investments. Not all stocks which carry a maximum buy rating have managed to beat the benchmark index by a wide margin, according to a study conducted by Motilal Oswal.

The constituents of the BSE 100 index can be referred to as quality names. Stocks with the highest buy rating in the index include MRF, Vedanta, Mahindra & Mahindra (M&M), ICICI Bank, Aurobindo Pharma, HDFC Bank, Crompton Greaves, Federal Bank, UPL and Tata Chemicals.

Among these companies, MRF has been trending higher since its Q3 FY18 earnings, aided by strong revenue growth and stable rubber prices.

M&M is the best play on a rural recovery, as the recovery in the hinterland improves visibility of volumes in the tractor and utility vehicle businesses. “The tractor business is launching its third brand – Trakstar – which will focus on undercutting lower-priced competitors by 5-10 percent. The intent is to gain 3-5 percent market share,” the report stated.

HDFC Bank has consistently grown its loans and deposits market share across credit cycles. It has also emerged as the best-managed bank in India with robust profitability and growth metrics. The brokerage said increasing granularity of HDFC Bank’s balance sheet, focus on fee income growth, improvement in operating leverage aided by digital initiatives and controlled credit costs backed by strong underwriting has enabled it to outperform most peers.

Aurobindo Pharma, which has delivered negative returns so far in 2018 and the last one year, is a good buy on dips stock for Motilal Oswal. The pharma major has transformed from being a pure active pharmaceutical ingredient (API) player to a formulations manufacturing company.

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