Bloodbath on D-Street as Sensex plunges over 700 pts; Nifty gives up 10,500.

capitalstars Financial Research Pvt. Ltd.

Bears took complete control on D-Street, as benchmark indices shed nearly 2 percent. Weak global cues, reactions to exit polls as well as weak macro data weighed big on Sensex and the Nifty.
The 50-share index ended the session below 10,500.
Selling was visible across all sectors, with maximum pain seen among banks, automobiles, energy, consumption and pharmaceuticals, among others.

At the close of market hours, the Sensex was down 713.53 points or 2.00% at 34959.72, and the Nifty down 205.20 points or 1.92% at 10488.50. The market breadth was negative as 647 shares advanced, against a decline of 1870 shares, while 134 shares were unchanged.
Coal India, Maruti Suzuki, IOC and BPCL were the top gainers, while Kotak Mahindra Bank, Reliance Industries, and Indiabulls Housing lost the most.

HEADLINES OF THE DAY

HCL Technologies announced a new five-year contract with multinational life insurance, pensions and asset management company Aegon.
CONCOR to consider bonus issue: A meeting of the board of directors of the company is scheduled to be held on December 20 to consider issue of bonus shares to the shareholders of the company which, if approved, will be subject to applicable regulatory provisions and the approvals of shareholders and others as may be required for the same.

Lupin received Establishment Inspection Report (EIR) for its Pithampur (Unit 3) facility. The inspection at the site was conducted between June 12, 2017 and June 16,2017.

Kotak Mahindra Bank shares plunged more than 6 percent intraday Monday after the lender filed writ petition before Bombay High Court to validate its position w.r.t perpetual non-convertible preference shares (PNCPS).

The crucial resistance for Nifty spot is now seen at 10340 and above this 10200 Support for the immediate term is now placed at 10590 next support will be 10680.

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 

  

Get free trial Click here: http://www.capitalstars.com/free-trial 

www.capitalstars.com |T:+91-9977499927

D-Street ends rangebound day on a flat note, Nifty holds 10,550; pharma, IT crack.

Capitalstars Financial Research Pvt. ltd.

The market ended the rangebound session on flat note, with the NIfty finishing above 10,550.
The Sensex is down 2.50 points at 35141.99, while Nifty down 6.20 points or 0.06% at 10576.30.
About 1174 shares have advanced, 1397 shares declined, and 138 shares are unchanged.

HEADLINES OF THE DAY

NBCC ready with new joint development policy, say sources.
IDBI Bank Q2 result: Net loss at Rs 3,602.5 crore against loss of Rs 198 crore. Gross NPA at 31.78% and Net NPA at 17.3%.

Kaveri Seeds Q2: Net Profit shed 43 percent at Rs 11.9 crore against Rs 20.9 crore. Revenue rose 8 percent at Rs 75.2 crore versus Rs 69.6 crore, YoY.
Rupee Update: The Indian rupee erased some of its gains as it is trading at 72.16 per dollar after hitting 72 mark in the early trade.

Central Bank Q2 result: The company has posted net loss at Rs 923.6 crore against loss of Rs 750.4 crore. Gross NPA at 21.48 percent versus 22.17 percent, QoQ.
M&M Q2 net profit up 26% YoY at Rs 1,778.75 crore; tractor revenues grow 1.8%
Cadila received final approval: Zydus Cadila received final approval from the USFDA for Arsenic Trioxide Injection.

The crucial resistance for Nifty spot is now seen at 10640 and above this 10800 Support for the immediate term is now placed at 10410 next support will be 10280.

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 
  
Get free trial Click here: http://www.capitalstars.com/free-trial 

www.capitalstars.com |T:+91-9977499927

D-Street continues to be volatile amid weak rupee, high crude prices; Nifty around 11,500

Capitalstars Financial Research Pvt. Ltd.

Indian Indices:          
                                        The market is witnessing a lot of volatility as benchmarks see wild swings between positive and negative territory. These are currently trading in the red after seeing some recovery minutes ago.

Selloff in banks, FMCG, metals as well as names in the midcaps space are weighing on indices. Higher crude oil prices as well as a bearish rupee continue to spook investors.

The Sensex is down 39.34 points or 0.10% at 38118.58, while the Nifty is down 18.30 points or 0.16% at 11502.00. The market breadth is negative as 733 shares advanced, against a decline of 1,105 shares, while 115 shares were unchanged.

Global Market:

Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.29% while the Hang Seng is down 1.56%. The Shanghai Composite is not trading.

US Markets: Stocks fall on first trading day of September amid increasing trade tensions with Canada and China.

European markets: European markets finished broadly lower today with shares in France leading the region. The CAC 40 is down 1.31% while Germany's DAX is off 1.10% and London's FTSE 100 is lower by 0.62%.

Major Headlines of the day:

•      Dollar climbs, emerging markets under pressure.
•      Facebook, Nike drag Wall Street lower; trade concerns linger.

Trend in FII flows:-  The FIIs were Net Value of Rs 32.64 cash segment while the DIIs were Net Value of  -21.41 per the provisional figures.

Securities in Ban For Trade Date 05-SEPTEMBER-2018

1.Adanient.

for more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 
 
Get free trial Click here: http://www.capitalstars.com/free-trial

www.capitalstars.com |T:+91-9977499927

Sensex advances gains post flat opening, Nifty trades above 10,950; SBI falls 1%

Capitalstars financial research pvt. ltd.

Indian Indices:
                                         Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 35 points or 0.32 percent. Nifty futures were trading around 10,923-level on the Singaporean Exchange.The Sensex is up 10.50 points or 0.03% at 36250.12, while the Nifty is up 2.40 points or 0.02% at 10949.70. The market breadth is narrow as 901 shares have advanced, against a decline of 836 shares, while 91 shares are unchanged.TCS, Bajaj Auto, and Bharti Infratel are the top gainers, while Vedanta, Coal India, and Hindalco have lost the most.

Global Market:

• Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall. The                   Nikkei 225 is off 1.38% while the Hang Seng is down 1.54%. The Shanghai Composite is not trading.

• US Markets: Toronto hits record close, while U.S. markets also gain ground.

• European markets: European markets finished higher today with shares in France leading the region. The CAC 40 is up 0.67%  while Germany's DAX is up 0.53% and London's FTSE 100 is up 0.05%.

Major Headlines of the day:

• Results today :- Rel Ind Infra, Midvalley Enter and MIC Electronics

• Indian rupee opens flat at 68.82 per dollar

• Oil falls after US softens stance on Iranian sanction waivers

• Asia stocks slip, yen rises as US raises stakes in trade conflict

• TCS Q1 earnings beat estimates The stock closed down 0.56 percent at Rs 1,877 ahead of its earnings announced later in day, but during the quarter ended June, it had surged nearly 30 percent to Rs 1,847.20

• Trend in FII flows:-  The FIIs were Net Value of Rs  -20.73 in the cash segment while the DIIs were Net Value of Rs 293.96 as per the provisional figures.

Securities in Ban For Trade Date 11-JULY-2018

1.IDBI

for more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                 Share Tips Expert 

Get free trial Click here: http://www.capitalstars.com/free-trial 

www.capitalstars.com |T:+91-9977499927 , 0731-6690000

Markets open on a flat note:-

Markets open on a flat note:-

Indian Indices:

SGX Nifty is indicating a flat opening for the Indian markets. Indian markets are expected to trade range bound with a negative bias, in-line with Asian markets. In stock specific news, TCS issued press release for extension of the partnership with Virgin Atlantic Airlines for 5 years. Zee Entertainment to make redemption (20%) of listed bonus preference shares.

The domestic equity benchmark indices are likely to witness a flat to negative opening today tracking muted trend in Nifty futures on the Singapore stock exchange and mixed global cues. 

Capitalstars financial research pvt.ltd.

Flat SGX Nifty Index Futures for March delivery, which were trading at 10,230, down by just 1.50 points, at 11:08 AM Singapore time, signalled a soft opening for the domestic equity bourses.

Global Market:

·       Asian markets drop on trade war concerns, Stocks fell in the morning trade as global trade war concerns intensified after the resignation of White House economic adviser Gary Cohn, reports Bloomberg. Overnight, the US stocks closed slightly higher. S&P 500 at 2,728 points is up 0.26%.

·       US Markets: Stocks witnessed a choppy trading session before ending the day marginally in the green. The Dow inched less than a tenth of a percent to 24,884.12, the Nasdaq climbed 0.6% to 7,372.01 and the S&P 500 rose 0.3% to 2,728.12. The choppy trading on the day was partly attributed to concerns about President Donald Trump's top economic advisor Gary Cohn resigning due to the difference in views regarding import tariffs.

·       European markets closed in the green yesterday with the FTSE closing 0.43% higher, CAC ended 0.06% higher, while DAX inched 0.19 higher%.

Major Headlines of the day:

·        Torrent Pharma readies bid for Sanofi’s European unit-Torrent Pharmaceuticals Ltd is readying a €2 billion (Rs16,000 crore) bid for Zentiva N.V., the generic drugs unit of France’s Sanofi.

·        ITC sets sights higher for foods brand Aashirvaad - ITC Ltd has set its sights higher for Aashirvaad, the company’s largest packaged food brand. It has set an internal target of generating Rs10,000 crore from Aashirvaad annually in five years.

·        Airtel acquires India leg of GBI submarine cable- Bharti Airtel said it has acquired India leg of Gulf Bridge International submarine cable which will boost its data carrying capacity.

Trend in FII flows: The FIIs were Net Value of Rs 620.08 the cash segment Tuesday while the DIIs were Net Value of Rs -734.33 as per the provisional figures.

Securities in Ban For Trade Date 07-MAR-2018:

1.DHFL

2.FORTIS

3.HDIL

4.IDBI

5.ORIENTBANK

For more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                  Share Tips Expert 

Get free trial Click here: http://www.capitalstars.com/free-trial

www.capitalstars.com |T:+91-9977499927 

Market's hopes, reflected in rich multiples

UBS Nifty base case, upside and downside scenarios are 10,500, 11,900, and 8,800 respectively which implies unattractive risk-reward at the current level, even more so if uncertainty rises around the outcome and timing of the election.

The global investment bank is positive on Auto Parts, IT services, Oil & Gas, Private Bank, property, and Telecom & Media.

Capitalstars financial research pvt.ltd.

A weaker portfolio inflow could put the rupee under pressure, said the UBS report. The rupee needs a larger amount of portfolio inflow to stay afloat compared with 12 months ago.

Investors should focus more on the individual stocks rather than looking at the index. Top preferred stocks include names like Bank of Baroda, Bharti Airtel, BPCL, Cipla, HDFC Bank, ICICI Bank, ITC, Motherson Sumi, TCS, Titan Company etc. among others.

It has been driven by sharp deterioration in the basic balance from 1.3 percent a year ago to close to zero lately. The widest trade deficit (in January) since 2013 is not helping the cause. “We now think USD-INR could trade around 65 in the next 3 months,” said the report.

For more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                  Share Tips Expert 

Get free trial Click here: http://www.capitalstars.com/free-trial


www.capitalstars.com |T:+91-9977499927 

Stocks to focus for today

Market Now: Over 20 stocks hit fresh 

Equity benchmarks erased the gains of opening session due to selling in bank, pharma and financial stocks. 

GAIL, Tata Consultancy ServicesBSE 0.58 %, Bharti AirtelBSE 1.33 %, Hindustan Unilever and Oil & Natural Gas Corporation were among the top gainers on the NSE, while Ambuja Cements, State Bank of India, Indiabulls Housing Finance, Axis Bank and Kotak Mahindra Bank BSE -0.94 % were among the top losers. 

Capitalstars financial research

Over 20 stocks, including Bajaj Hindusthan Sugar, Gitanjali GemsBSE -4.87 %, Lakshmi Vilas Bank, Oriental Bank of CommerceBSE -2.15 % and Punjab National BankBSE -9.03 % hit fresh 52-week lows on the NSE during Tuesday's trade. 

IT, metal, FMCG and auto indices were marginally up, while all other sectoral indices were in the red on the NSE. 

MACD is a trend-following momentum indicator, and is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect ‘buy’ or ‘sell’ opportunities. 

For more update you can contact us :

CapitalStars Financial Research                     Forex trading tips                                                                                                        stock market tips                                                                                                                  Share Tips Expert 

Get free trial Click here: http://www.capitalstars.com/free-trial


www.capitalstars.com |T:+91-9977499927 

MAJOR HEADLINES FOR TODAY – 06 JULY 2017

Following are the major headlines for day

v J&K Assembly passes resolution for implementing GST

v Tata Motors JLR June UK total sales at 9,161 units vs 8,591 units YoY

v IndiGo will hold a conference call to discuss the Air India deal.

v Sobha has release its real estate operational update for the first quarter, new bookings are up 20%.

v Shriram EPC bags orders worth Rs71 crore.

v ICICI Bank, others move UK court to recover $600-mn loans to Essar arm

v Govt asks Vedanta to make a buyback offer for Cairn's 9.8% stake

v Ramco Systems Bags Order From Airline MRO Parts

v IRB Infra SPV achieves fin closure for Rs2,088 cr road proj

v BSE, NSE may consider extending trading hours only if other one moves first, but ignore MSEI for now

v Qatar signals LNG price war for market share in Asia

v Residential launches decline 41 % in first half of 2017: Survey

v National Insurance plans IPO in Q4

v $13 billion Rosneft-Essar deal gets crucial LIC nod

v Insolvency proceedings against Essar Steel stayed

v IL&FS Engg bags Jharkhand contract for electrification

v Indiabulls Ventures comes under Sebi lens over unusual share price rise 

v ONGC Videsh to acquire 30% petroleum participating interest in Namibia 

v  HDFC has Rs909 crore exposure in a insolvent account & HDFC’s PE subsidiary may sell stake in Windflower.

Get real time advice for  Stock Trading tips , Best Accurate Stock Tips , Stock Market Live , Equity Tips  and all Maket Updates From Capitalstars  .

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647