Sensex closes 373 points higher, Nifty above 10,600; FMCG leads rally

Capitalstars Financial Research pvt. ltd.

Shares were off to a flying start on Monday, thanks to a sharp rally among consumption names in the last couple of hours.

Among sectors, financials, automobiles, consumption, and IT names were in the green, while investors sold metals and pharmaceuticals segments. In the broader markets, Nifty Midcap index underperformed benchmarks, but closed with gains of around 0.2 percent.

At the close of market hours, the Sensex was up 373.06 points or 1.07% at 35354.08, while the Nifty ended higher by 101.80 points or 0.97% at 10628.60. The market breadth was negative as 1,080 shares advanced, against a decline of 1,508 shares, while 160 shares were unchanged.
Hero MotoCorp, Wipro, and HUL are the top gainers, while ONGC, Sun Pharma, and Yes Bank lost the most.

HEADLINES OF THE DAY

Lupin receives USFDA approval for Clomipramine HCL capsules
BEML bags order worth Rs3,015cr for Mumbai Metro
Alembic Pharma JV gets USFDA approval for Lidocaine ointment

The crucial resistance for Nifty spot is now seen at 10700 and above this 10830 Support for the immediate term is now placed at 10500 next support will be 10440.


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

Asian shares edge up, but growth woes offset Brexit progress;

capitalstars financial research pvt. ltd.

SHANGHAI - Asian shares barely budged in early Friday trade as investors were reluctant to make any big bets in the face of trade tensions, signs of slowing earnings and Brexit negotiations.

A draft deal between Britain and the European Union on future relations offered some hope for battered markets, though more evidence of pressure on corporate earnings in Europe kept equity investors sidelined.
Those earnings underscored the lingering anxiety among equity investors as trade tensions, slowing global investment and growth kept stock markets on the backfoot after a torrid October.

In the currency market, the pound was flat, buying $1.2878 after rising more than 1 percent on Thursday on news of the draft agreement between Britain and the EU, which describes a close post-Brexit relationship. The agreement follows a draft treaty last week that set the terms for Britain's departure from the EU in March.

But the deal faces a rocky ride once it reaches a deeply divided British parliament, with hardline eurosceptic and staunch pro-EU factions, and various shades of gray in-between.

The yield on benchmark 10-year Treasury notes rose to 3.0646 percent compared with its U.S. close of 3.061 percent ahead of the Thanksgiving holiday. The two-year yield, sensitive to market expectations of higher Fed fund rates, was barely changed at 2.816 percent.

In commodities markets, crude oil prices extended their recent slump as U.S. inventories hit their highest level since December, adding to concerns about a global crude glut.


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

Indices pull back from lows; Sensex down 100 points, Nifty around 10,200

Capitalstars Financial Research Pvt. Ltd.

Indian Indices:     
                                            Equity benchmarks are off their low points, with the Nifty trading around 10,200-mark. The Sensex is down 117.24 points or 0.34% at 34017.14, while the Nifty is down 42.00 points or 0.41% at 10203.30. The market breadth is negative as 767 shares advanced, against a decline of 1,130 shares, while 1,676 shares are unchanged.
Among sectors, IT is the biggest loser, followed by energy, pharma and PSU banks. The midcap index is marginally lower.

Global Market:

• Asian markets: Japanese shares are lower today as the Nikkei 225 falls 2.27%. The stock markets in Hong Kong and Shanghai are closed at this time.

• US Markets: Banks Lead US Stock Slide, Extending Market's Losing Streak.

• European markets: European markets finished lower on Monday with shares in France leading the region. The CAC 40 is down 0.62% while Germany's DAX is off 0.26% and London's FTSE 100 is lower by 0.10%.

Major Headlines of the day:

•   Ambuja Cements Q2 profit expected around Rs 271-350 crore, margin may grow 16%.
•   Rupee opens weak at 73.70 per dollar

Results to be announced today :- Adani Ports,Ambuja Cements,Bajaj Corp,Bajaj Finance,Bajaj Finserv,Escorts Finance,HCL Tech,HDFC Life,ICICI Prudential,MCX India,RBL Bank,TVS Motor,Zensar Tech..

Trend in FII flows:-  The FIIs were Net Value of Rs  -511.91 segment while the DIIs were Net Value of  303.21 per the provisional figures.

Securities in Ban For Trade Date 23-OCTOBER-2018

1.Adanient
2.Adanipower
3.Jetairways.

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

NSE, MCX in merger talks, could submit proposal to Sebi; crucial for bulls in the coming week

NSE, MCX in merger talks, could submit proposal to Sebi; crucial for bulls in the coming week

The National Stock Exchange (NSE) and the Multi Commodity Exchange (MCX) entered into merger talks ahead of the implementation of the universal exchange framework in October, said a top official. The two entities are planning to approach market regulator Securities and Exchange Board of India (Sebi) as early as this month, according to the official.

Both the exchanges have readied a blueprint for the merger proposal which will be discussed with Sebi.Sources say NSE entered talks with the commodity bourse soon after the market regulator allowed exchanges to dabble both in the equities and commodities space. The decision was taken by the Sebi board at its December 2017 meet.

Capitalstars financial research pvt. ltd. 

Commodity space is still evolving and has great opportunity to develop in the current scenario. So, having a dominant player will help bring in lot of economies of scale,” explained a person in the know.

In the equity derivatives space, NSE has near monopoly, while in commodity derivatives MCX enjoys a lion’s share of 90 per cent.

Currently, MCX has a market capitalisation of Rs 37 billion. In comparison, NSE is much bigger. In December 2016, when NSE filed its offer document with Sebi, it was looking for a valuation of Rs 400 billion. Since then, the valuation has increased further thanks to a good uptick in trading volumes.

Market experts say the merger could be a win-win for both exchanges as competition is set up intensify post October as all existing bourses will look to foray into new segments.

The Nifty50 is now trading above its crucial short-term moving averages and today’s intraday low of 10,524 will be of big importance in the coming week, suggest experts. A break below this level could again put further pressure on the index amid expiry week volatility.

The Nifty50 which opened at 10,533 slipped marginally to hit an intraday low of 10,524. Bulls took control of the index and pushed Nifty above 10,600 to hit an intraday high of 10,628 before closing the day at 10,605, up 91 points.

On the other hand, MCX will need huge capital if it wants to aggressively foray into the equities space.

The proposal could also address NSE’s pet peeve–going public. Despite mounting shareholder pressure, NSE has not been able to list due to legacy issues. As MCX is already listed, the merger could lead to back-door listing for NSE, say experts.

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 , 07316690000

Markets indicating flat opening in line with Asian peers;

Markets indicating flat opening in line with Asian peers;

Indian Indices: 
                             
SGX Nifty is currently trading in the red down 9 points at 10,346. Indian markets could witness bit off profit booking in today’s trade after the strong rally seen in the previous session, as traders would consider closing out some of their positions ahead of the weekend considering the extreme volatility in global equities. Traders would also keep an eye on the Dow futures, which is currently trading in the red down 270 points.

Capitalstars financial research pvt ltd

Global Market:

• Major Asian markets are trading mixed at present Nikkei is down 0.04%, KOSPI is trading 0.22% lower,  Hang Seng is up 1.25% while Shanghai Composite is shut in today’s trade.

• US Markets: Stocks continued the positive momentum ending higher for the third consecutive session. The Dow jumped surged 1% ending at 24,505.22, the Nasdaq rose 0.5% to 7,076.55 and the S&P 500 climbed 0.7% to 2,662.84.

• European markets also ended yesterday’s session strongly in the green with the FTSE closing 2.30% higher, CAC ended up 2.56%, while the DAX surged 2.82% higher.

Major Headlines of the day:

• Glenmark Pharma: The pharma major has recalled over 1 lakh bottles of anti-inflammatory drug in US.
• Coal India: CIL may hike salaries of executives in 2 months.
• Larsen & Toubro: SFIO has received a complaint against L&T Group of financial irregularities, ET Now reported.
• Indian Oil Corporation: Acquires 17 percent participating interest in the Mukhaizna Oil Field, Oman from Shell.
• Kridhan Infra: Gets order worth Rs 134 crore in Singapore
• Kirloskar Oil Engines plans to double topline this year
• Tata Comm shareholders meet on May 10 for surplus land transfer
• IndiGo rules out bidding for Air India
• Cochin Shipyard setting up 42-acre ship repair facility.

Trend in FII flows:
                                              The FIIs were Net Value of Rs -108.02 the cash segment Thursday while the DIIs were Net Value of Rs  615.28 as per the provisional figures.

Securities in Ban For Trade Date 06-APR-2018:

NIL…

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 opens lower; Sensex down by 137 pts;

Market opens lower; Sensex down by 137 pts;

Indian Indices:

Benchmark indices end lower, midcaps outperform. The market failed to hold on to any recovery on Thursday as benchmark indices extended selling pressure in late trade and fell half a percent each despite recovery in Asian peers and positive trade in Europe.   

SGX Nifty is trading at 10323 down by 40 Points. The Dow Jones industrial average rose on Thursday, but the S&P 500 and Nasdaq composite closed lower as investors assessed the possibility of a trade war. Asian markets were on firm footing on the last day of the trading week as investors digested overnight developments related to global trade and an ongoing Russia investigation. The dollar firmed and stock indexes stateside closed mixed in the last session.

Capitalstars financial research pvt. ltd.

Global Market:

·       Asian markets are trading in the flat at present. Nikkei is currently down 0.25%, Hang Seng is trading 0.25% lower, while Shanghai Composite is trading up 0.28%.

·       US Markets: Stocks witnessed a volatile trading session and ended on a mixed note. Dow climbed 0.5% to 24,873.6, the Nasdaq dipped 0.2% to 7,418.7, while the S&P 500 edged 0.1% lower closing at 2,747.3.

·       European markets closed in the green yesterday with the FTSE closing 0.10% higher, CAC ended 0.64% higher, while DAX ended up 0.84%.

Major Headlines of the day:

·       JSW Steel, a part of the O.P. Jindal Group, on Wednesday said that its monthly crude steel production grew 5 per cent year­on­year 

to 1.33 billion tonnes in February 2018. “The company’s crude steel production stood at 1.26 billion tonnes in February 2017,” 

JSW Steel said in a filing to the Bombay Stock Exchange 540025 218.2

·       Ujjivan Small Finance Bank has launched 39 Unbanked Rural Centres (URCs) in the eastern states of West Bengal, Assam, Bihar, 

Jharkhand, Tripura and Orissa.

·       Corporate India announced merger and acquisition (M&A) deals worth USD 1,893 million in February this year, registering a 40 per cent increase in value terms 

over the year ago period driven by big ticket transactions.

Trend in FII flows:  The FIIs were Net Value of Rs -705.40 the cash segment Thursday  while the DIIs were Net Value of Rs 256.45 as per the provisional figures.

Securities in Ban For Trade Date 16-MAR-2018:

1.BALRAMCHIN

2.BANKINDIA

3.BEML

4.DHFL

5.TV18BRDCST

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 

Today’s view on Nifty-22 June 2015

Nifty levels:  

Nifty spot close @8224

Nifty future close @8247

Buying opportunity above 8150 index may show 8300-8350 level, consolidation is expected from lower level.
Visit here: CapitalStars

Today’s view on Nifty - 11 june 2015

Nifty levels:   Nifty spot close @8124 Nifty future close @8119

Bounce back movement is quiet obvious movement from lower level. We are suggesting that once nifty hold above 8175 or give closing above that level then only buying opportunity, otherwise selling opportunity on every rise. Major support level will be 8000 below that more sharp fall expected. For more info. Visit here: CapitalStars

TOP CORPORATE NEWS-01 JUNE 2015

• L&T Construction wins orders valued Rs1099 Crs

Larsen & Toubro has announced that L&T Construction Wins Orders Valued Rs1099 Crores. The orders include Rs517 crores of T&D projects in both the international and domestic markets. The buildings & factories business secured an order worth Rs300 crores, which is primarily to design and construction of an integrated foods manufacturing factory in Punjab. The water smart world & communication business secured orders worth Rs 282 crores.

• VHCL Inds bags export order worth Rs27.50 cr

VHCL Industries has bagged an export order worth Rs27.50 crore for compounded plastic recycled granules from its customer Max Apex. The order has been revised by the same customer from the tune of Rs20.50 crore on account of change in their requirement. The company would like to correct the statement to reflect the actual position. The company would also like to disclose that as per the previous communication, it is undergoing advanced negotiations through the authorized representative of the Board Mr, Pank4 Valia for a stake sale with the same company who has placed this order.

• On Mobile unveils innovative Ring back Tone application

On Mobile Global announced that it has launched a new Ring back Tone (RBT) application. The app, which is now “live” in Spain, showcases a series of ‘firsts' and a great design and provides a truly compelling user experience. This new product is currently available on Android and will soon be introduced on iOS. This app introduces several new features designed to increase user awareness of and engagement with this product. Because it is subscription-based, the application gives users the freedom to change the songs assigned to their contacts as often as they like.

• Ashok Leyland May 2015 volumes up 40.1% (YoY) to 9,294 units

 Ashok Leyland today reported a 40.13% hike in total sales at 9,294 units in May as against 6,632 units in the same period last year. Ashok Leyland medium & heavy commercial vehicle (MHCV) volumes were up 41.1% to 6,892 units. Light Commercial Vehicle ( LCV) volumes were up 37.4% YoY to 2,402 units. While MHCV sales were in-line with estimates, the strong uptick in LCV sales was ahead of our expectation.

• KSS arm enters into MoU with R-Mall

 KSS has announced that K Sera Sera Miniplex Ltd (KSSMPL), subsidiary of KSS Ltd has entered into MOU with ' R-Mall' by Runwal Constructions (RC) for constructing and operating four (1 Gold and 3 Pushback) miniplex screens and carrying on other related activities of Entertainment/Education/E-Learning/F&B- under the trade name ' K Sera Sera Miniplex' located at Ghodbunder Road, Near Runwal Estate, Thane (W)- 400 601. This will take the count to 141 screens which are signed up for miniplexes.

• Mohit Inds board approves demerger of AAC Blocks

Mohit Industries announced that the Board of Directors of the Company at its meeting held on May 30, 2015, has considered and approved the proposal for the demerger of AAC Blocks (Aerated Autoclave Concrete) Business into a Separate company in order to achieve operational, and administrative efficiencies and with a view to concentrate on the focused business, Facilitate Expansion, or any other arrangement depending on the opportunity in the future.

                                                                                                 

• Pratibha Industries surges as Q4 robust execution boosts earnings

Shares of Pratibha Industries surged 6% to Rs41.55 on NSE post Q4FY15 results as robust execution boosts earnings despite higher interest burden .Revenue rise by 51.8% YoY to Rs942 crore: Consolidated revenues of Pratibha Industries Ltd (PIL) rose by 51.8% year on year (YoY) to Rs942 crore. Infrastructure and construction division grew by 64.2%YoY to Rs905 crore. The manufacturing division on the other hand posted a revenue of Rs0.6 crore as against Rs0.05 crore during Q4FY2014.

CapitalStars Company provides  accurate tips to customers about the Best Stock Advisory. And  services are give always good and excellent calls to their clients for getting more profit to Investment.

Our More Services Watch Here.......!!!

Intraday Stock Futures

Stock Futures Premium

Nifty Futures Tips

BTST/STBT Calls

Stock Options Calls

Sensex, Nifty fall further; NMDC plunges, Tata Steel gains

The market opened volatile on first day of the week. The Sensex fell 58.74 points to 28383.36 and the Nifty declined 26.15 points to 8579.85. About 506 shares have advanced, 532 shares declined, and 115 shares are unchanged on the BSE.

NMDC topped the selling list, down 4 percent after CLSA has a sell rating on the stock and sees more downside to the stock. Larsen & Toubro, Bharti Airtel, TCS, M&M, Sesa Sterlite, Idea Cellular, IndusInd Bank, Kotak Mahindra Bank and Ambuja Cements declined 0.5-1.5 percent.

However, Sun Pharma, NTPC, Tata Steel, Hindalco, GAIL and Lupin gained 0.5-1.5 percent.

The Indian rupee slipped in the early trade on Monday. It has opened lower by 18 paise at 62.54 per dollar versus 62.36 Friday.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. CapitalStars also aveliable on linkedin and facebook.

You Can Watch Our Other Services Here....
share market advisory company
intraday stock tips
intraday trading tips
share market tips
stock tips indore
intraday calls 

WEEKLY DERIVATIVE MARKET REPORT-13 APRIL TO 18 APRIL 2015

WEEKLY NIFTY future SPEAKS

Nifty future closed nearly unchanged on Thursday but rose for the second straight week as gains in lenders such as State Bank of India were offset by profit-taking in some of the recent outperformers. The S&P BSE Se nsex fell 0.02% and CNX Nifty ended 0.02% higher each. Nifty future closed at 8805 with a high of 8823 with percentage change of -0.068%. For this week nifty is having the resistance of 8880 and above this level next resistance of 8975 and in down side having the support of 8710 and next support of 8615, Open Interest addition was seen in 9000/8900 Calls and 8500/8700 Puts. Maximum OI concentration is placed at 9000 call indicating resistance for nifty and maximum OI is placed at 8500 put indicating support for market. 

WEEKLY BANK NIFTY SPEAKS

Bank nifty future rose for the second straight week as gains in lenders such as State Bank of India were offset by profit-taking in some of the recent outperformers. Last week bank nifty closed at 18840 with a high of 18968 with percentage change of -0.64 %. For this week bank nifty is having the resistance of 19050 and above this level next resistance of 19450 and in down side having the support of 18405 and next support of 18015.

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market. CapitalStars also aveliable on linkedin and facebook.

You Can Watch Our Other Services Here....
share market advisory company
intraday stock tips
intraday trading tips
share market tips
stock tips indore
intraday calls