Monday, 4 April 2016
22:35 Bank Nifty, Bank Nifty Live, Bank Nifty Trading Tips, intraday calls, Intraday Stock Futures, Intraday Stock Futures Tips, Intraday Tips No comments
INDIAN BENCHMARKS may see a lower opening; RBI Policy eyed
Indian shares poised to open loweras traders resort to a cautious approach ahead of the much anticipated Reserve Bank of India (RBI) monetary policy review while a bearish trend across markets in Asia amid falling oil prices may also sour risk taking appetite. SGX Nifty is trading 61 points lower. Rate sensitive sectors including auto and banking will be in focus today. Indian shares rose on Monday, tracking gains in Asian equities following an upbeat US jobs report, but caution prevailed a day before the Reserve Bank of India's policy meeting at which it is expected to cut interest rates by at least 25 basis points. The S&P BSE Sensex and CNX Nifty ended 0.51%-0.59% higher each. On Monday (April 05, 2016), the BSE SENSEX closed at 25399.65, up by 130.01 points, or by 0.51%, and the NSE Nifty ended at 7758.80, gained by 45.75 points, or by 45.75%.
• Asian shares and other riskier assets skidded on Tuesday, pressured by slumping crude oil prices and mixed messages from Federal Reserve policymakers on the outlook for U.S. interest rate rises.
• US stocks slumped on Monday as losses for industrials and materials offset sharp gains in health-care shares.
• European shares bounced back from one-month lows on Monday, led higher by gains in defensive stocks, but telecoms fell after talks between Orange and Bouygues on creating a dominant French operator collapsed.
Major Headlines of the day:
Cox & Kings sells majority stake in UK portals.
Adani mulls takeover of SunEdison's India assets.
ICICI Bank tweaks corporate lending norms to trim NPAs.
Trend in FII flows: The FIIs were net sellers of Rs -236.82 Cr in the cash segment on Monday while the DIIs were net buyers of Rs -333.74 Cr, as per the provisional figures released by the NSE.
Monday, 14 March 2016
05:34 Bank Nifty, Bank Nifty Futures, Bank Nifty Live, Bank Nifty Trading Tips, Intraday Stock Futures, Intraday Stock Futures Tips, Intraday Stock Tips, Intraday Tips, Stock Futures, Stock Futures Market Tips No comments
M&M enters farm equipment rental business with Trringo
Mahindra & Mahindra's (M&M) today forayed into the agricultural equipment rental services with the launch of Trringo, an organised rental service, with plans to invest over Rs10 crore on the startup enterprise. Farm Equipment Sector (FES), a part of Mahindra group, has forayed into the agricultural equipment rental services with Trringo that will operate as a franchisee based model and will effectively bring in new age digital technology to the tractor rental business, the company said. The company plans to invest upwards of Rs10 crore on the new venture and intends to enter five states in the current year, it added. This venture would be set up as a new age startup company, it said. As part of first model, Trringo will use a proprietary digital platform as an enabler to process orders and pass them on to the nearest franchisee through location based mapping.
CMI surges ahead of board meeting
CMI rose over 6%, touching to Rs322, after the company said that its board will meet on March 19, 2016, to consider preferential allotment to promoter group, associates and non-promoters. CMI said that its board of directors will meet on March 19, 2016, to consider issue of equity shares/warrants/convertible securities on preferential basis to promoter group, associates and non-promoters and to decide the relevant date for the purpose of preferential issue. The board would also consider the allotment 7 lakh equity shares in lieu of 7 lakh convertible warrants. Further, the board would discuss current business developments and future plans.
February WPI Inflation Unchanged
February Wholesale Price Index (WPI) inflation remained unchanged at -0.9% compared to preceding month but December WPI inflation revised to -1.06% from -0.73%.
February WPI Inflation at -0.9% Vs -0.9% (MOM)
December WPI Inflation revised To -1.06% from -0.73%
Primary Articles Index down 3.4% MoM
Food Articles Index down 3.2% MoM
Non-food Articles Index down 2.9% MoM
Minerals Group Index down 8.1% MoM
Fuel & Power Index down 1.2% MoM
Manufactured Products Index up 0.3% MoM
Food Products Index up 0.8% MoM
Primary Articles Inflation at 1.58% Vs 4.63% (MoM)
Food Articles Inflation at 3.35% Vs 6.02% (MoM)
Vegetable Inflation at -3.34% Vs 12.52% (MoM)
Pulses Inflation at 38.84% Vs 44.91% (MoM)
Cereals Inflation at 1.11% Vs 1.24% (MoM)
Fruits Inflation at -1.95% Vs -2.32% (MoM)
Egg, Meat & Fish Inflation at 3.47% Vs 5.69% (MoM)
Fuel Inflation at -6.4% Vs -9.21% (MoM)
Manufactured Products Inflation at -0.58% Vs -1.17% (MoM)
All Commodities Index Down 1% (MoM).
Apollo Hospitals completes 51% stake in Assam Hospitals
Apollo Hospitals said it has completed acquisition of majority stake in Guwahati-based Assam Hospitals. Apollo Hospitals Enterprise said that, we have now completed the acquisition of a 51% majority stake in Assam Hospitals, Guwahati. The Chennai-based health care major had last year announced to acquire a majority stake in Assam Hospitals for a cash consideration of up to Rs57.25 crore. “The objective of the acquisition is to strengthen Apollo Hospitals’ leadership position in the hospital space, as well as enhance its presence in the North Eastern region where it already has a strong brand equity,” Apollo Hospitals said.
Glenmark gets ANDA nod for Frovatriptan Succinate tablets
Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration ( USFDA) for Frovatriptan Succinate Tablets, 2.5 mg, the therapeutic equivalent to the reference listed drug product, Frova Tablets, 2.5 mg, of Endo Pharmaceuticals, Inc. According to IMS Health sales data for the 12 month period ending January 2016, the Frova Market achieved annual sales of approximately $87.8 million. Glenmark’s current portfolio consists of 108 products authorized for distribution in the U.S. marketplace and 61 ANDA’s pending approval with the U.S. FDA. In addition to these internal filings, Glenmark continues to identify and explore external development partnerships to supplement and accelerate the growth of its existing pipeline and portfolio.
Friday, 4 March 2016
05:01 Bank Nifty Futures, Bank Nifty Live, Bank Nifty Trading Tips, intraday calls, Intraday Stock Calls, Intraday Stock Futures, Intraday Stock Futures Tips, Intraday Tips, intraday trading tips No comments
• Oil India Stock Update: Structural derating, Retain Hold
Oil India Stock Update: Structural derating; PT revised down to Rs360; Retain Hold. Ad valorem CESS to relieve OIL now but gains restricted, in case of crude price recovery: In Union Budget 2016-17, the government has changed the structure of the cess on oil production from a fixed rate of Rs4,500/metric tonne to ad valorem (at 20% of crude oil price).
• Tech Mahindra arm’s new IRIS improves recharge experience in consumers
Tech Mahindra’s subsidiary Mahindra Comviva has launched IRIS, the newest addition to its Revenue Plus suite - a monetization platform for CSPs. Comviva explains that Incremental Revenues through Incremental Sales (IRIS) unifies retailer and subscriber recharge processes by providing a seamless, congruent and concurrent recharge experience to both the parties. IRIS gives the flexibility of treating each customer and retailer differently and rewards their unique combination at various levels of the upgrade.
• Asian Paints operations at paints plant in Rohtak restarts
Asian Paints operations at its paints plant in Rohtak restarts; operation was closed for just 10 days – don’t expect any material impact on sales. Asian Paints operations at its paint Plant situated at Rohtak, Haryana, have restarted. The unit has manufacturing capacity of 2 lakh kilo litre per annum. Since the operation were closed from February 22nd 2016, the company loss the production for just 10 days. We don’t expect it to have any material impact on the sales and earnings of the company.
• RComm: Disagreement with TPG group over valuation of tower assets
Reliance Communications: Disagreement with TPG group over valuation of tower assets, valued tower assets at Rs15000 crore vs earlier valuation of 21500 crore, negative read-thru. As per media news, TPG and Tillman Global Holdings LLC have signalled that they view the assets as worth about Rs15,000 crore, including debt, after conducting due diligence on Reliance Communications Ltd’s tower assets, down from the R.21,500 crore proposed earlier in the negotiations. Reliance Communications said that the bidders have not reduced the enterprise value for the tower business by that amount
• Cipla: Delays and lack of clarity are growing concerns
Cipla: Delays and lack of clarity on launch timeline of inhalers in US market are growing concerns. Event: Mylan recently announced that its abbreviated new drug applications (ANDAs) for fluticasone propionate 100, 250, 500mcg and salmeterol 50mcg inhalation powder have been accepted for filing by the US Food and Drug Administration (USFDA). The USFDA has provided Mylan a goal date of March 28, 2017 (meaning if the product is approved under a standard review period, generic Advair could be launched in 2017). Mylan has now become the third generic player to file for generic Advair after Sandoz and Hikma.
Tuesday, 1 March 2016
03:22 Bank Nifty Futures, Intraday Stock Futures Tips, Intraday Stock Tips, Intraday Tips, Sgx Nifty Futures, Sgx Nifty Live, Share Market Advisory, share market advisory company, Share Trading Tips No comments
LICHSGFIN FUTURE BUY CALL 3 TG
CEAT LTD FUTURE BUY CALL 3 TG
IRB FUTURE BUY CALL 3 TG
JSW STEEL FUTURE BUY CALL 1 TG
LHEROMOTOCO 2600 CALL BUY CALL 3 TG
IRB 220 CALL 2 TG ( BOOKED AT 3.9) & HOLD FURTHER
JSW STEEL 1140 CALL 1 TG ( BOOKED AT 53.65)
ITC 330 CALL BUY CALL 2 TG
STOCK CASH INTRADAY:
HEROMOTOCO BUY CALL 3 TG
ITC BUY CALL 3 TG (BOOKED AT 327)
HEROMOTOCO 2ND BUY CALL 1 TG
ZEEL BUY CALL 1 TG (BOOKED AT 390.50)
BAJAJ-AUTO BUY CALL BOOKED AT 2556.05
IRB INFRA BUY BOOKED AT 224.80 & HOLD FOR TOMORROW
STOCK CASH PREMIUM:
JSW STEEL BUY CALL HOLD FOR TOMORROW
JSW STEEL 2ND BUY CALL COST EXIT 1142-1149
Monday, 29 February 2016
03:52 Bank Nifty, Bank Nifty Futures, Intraday Stock Futures, Intraday Stock Futures Tips, Intraday Tips, Sgx Nifty, Sgx Nifty Live No comments
After a volatile ride, the market has ended with major loses. The Sensex ended down 152.30 points or 0.7 percent at 23002, and the Nifty slipped 42.70 points or 0.6 percent at 6987.05. About 1090 shares have advanced, 1390 shares declined, and 159 shares were unchanged.
ONGC, BHEL, Maruti, Infosys and L&T were major losers while ICICI Bank, HDFC Bank, Reliance, SBI and Dr Reddy's Labs were major gainers in the Sensex.
Standard & Poor's retained its sovereign rating on India despite the government sticking to its fiscal deficit target in Monday's Budget as it waited for further improvement in public finances. S&P said it would wait for the government to improve its net debt and fiscal consolidation and does not expect to change India's BBB- rating with a 'stable' outlook until next year.
HEADLINES OF THE DAY
Union Budget 2016: A Realistic One, Not Just Feel Good
L&T plans to sell 49% stake in L&T General Insurance
UltraTech acquires JP's cement plants for Rs16, 500 crore
The crucial resistance for Nifty SPOT is now seen at 7090 and above this 7145. Support for the immediate term is now placed at 6869 and next support will be 6750.