INDIAN EQUITY MARKET OUTLOOK-15 DECEMBER 2015

Sgx Nifty

INDIAN BENCHMARKS are likely to open in the red zone on Dalal Street as the global cues look unsupportive with SGX Nifty trading 50.50 points lower.

Headlines for the day:

• CPI inflation for November 2015 comes at 5.41% 
• Sun Pharma announces divestment of US manufacturing unit 
• Natco gets USFDA nod for generic Daclatasvir Dihydrochloride for India 
• Mahindra group to acquire Italian car designer Pininfarina through JV route

CPI Inflation for November 2015 comes at 5.41%

• CPI inflation came in at 5.41%, higher than consensus estimates due to rise in food inflation (6.07% Vs 5.25% MoM).

• Certain parts of the food basket like pulses, vegetables (mainly protein based) have added pressure to CPI inflation.

Trend in FII flows:   The FIIs were net  sellers of  Rs – 157.07 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 386.47 Cr, as per the provisional figures released by the NSE.


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CS ROCKING PERFORMANCE OF THE DAY-14 DECEMBER 2015

Sgx Nifty Futures

STOCK FUTURES:

FUTURES INTRADAY:
TATA STEEL BUY  CALL 3 TG 
DR REDDY BUY CALL 2 TGT ( BOOKED AT 3029)
JUST DIAL  SELL  CALL 1 TG 
            
NIFTY FUTURES:
NIFTY FUTURE BUY  CALL 2 TG 

OPTION:
TATA STEEL 240 CALL  BUY CALL 3 TG 
CANBANK 240 PUT  BUY CALL 1 TG 

STOCK CASH

STOCK CASH INTRADAY:
JSW STEEL BUY CALL 3 TG 
KAJARIACER BUY CALL2 TG 
TATA ELXSI BUY CALL  3 TG  
TITAN BUY CALL 1 TG (BOOKED AT 358.30)

STOCK CASH  PREMIUM:
TATA ELXSI BUY CALL 3 TG  
JSW STEEL BUY CALL  BOOKED AT 1008.60 

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INDIAN EQUITY MARKET WRAP UP-14 DECEMBER 2015

Bank Nifty Live

INDIAN BENCHMARKS: NIFTY TOOK A SMART BOUNCE CLOSES ABOVE 7650

A rally in European stocks, a stronger-than-expected 9.8 per cent growth in October industrial output and a negative November WPI reading helped the domestic equity benchmarks register a smart rebound on Monday despite fears of a Fed liftoff in the two-day rate-setting meeting that begins on Tuesday. Most Asian markets tumbled deep into the red earlier in the day.

The BSE benchmark Sensex opened in the negative and briefly fell below the psychological 25,000 mark to hit a three-month low, but soon pulled off a smart rebound to end the day 105.92 points, or 0.42per cent, higher at 25,150.35. NSE barometer Nifty50 gained 39.60 per cent or 0.52points to settle for the day at 7,650.05. The 50-stock index had fallen below its psychological mark of 7,600 earlier in the day. 

HEADLINES OF THE DAY

WPI Inflation November 2015 comes at -1.99%
DCB Bank reduces Base Rate by 15 bps
Natco receives Generic Daclatasvir approval for India

The crucial resistance for Nifty SPOT is now seen at 7703 and above this 7775. Support for the immediate term is now placed at 7612 and next support will be 7540.

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TOP CORPORATE NEWS-14 DECEMBER 2015

Intraday Stock Futures

WPI Inflation November 2015 comes at -1.99%
Due to rise in food articles inflation (5.2% Vs 2.3% MoM) the WPI inflation was higher than consensus at -1.99% though it continued to remain in negative zone.
The manufacturing inflation was also in negative territory (-1.42%Vs -1.67% MoM)

Natco receives Generic Daclatasvir approval for India
Natco Pharma Ltd has informed regarding a Press Release dated December 14, 2015 titled 'Natco receives Generic Daclatasvir approval for India'

Petron Engineering receives Rs22.50 crore Receipt of Order
Petron Engineering Construction Ltd has informed that the Company has received Letter of Intent from The Ramco Cements Limited for Civil and Mechanical works for Capacity up gradation of Line-1 Cement Plant and Captive Power Plant at Jayanthipuram for a contract value of Rs22,50,00,000/- (Rupees Twenty-two Crores Fifty Lakhs Only).

DCB Bank reduces Base Rate by 15 bps
DCB Bank has announced the reduction in Base Rate by 15 bps.

IOC plans Rs1.75 crore of capex plan for next seven years
Indian Oil Corporation ( IOC) plans to invest Rs1.75 lakh crore over the next seven years on expanding refinery capacity, building petrochemical plants and laying pipelines.
The plan includes spending Rs34,555 crore in the 15 million tons a year towards Paradip oil refinery in Odisha, expansion of refinery projects and raising Panipat refinery capacity to 20.2 million tons from 15 million tons at a cost of Rs15,000 crore as well as raising capacity at Koyali, Mathura and Barauni units by 2020


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INDIAN EQUITY MARKET OUTLOOK-14 DECEMBER 2015

Sgx Nifty


INDIAN BENCHMARKS  are likely to gap down opening on Dalal Street as the global cues look unsupportive with SGX Nifty trading 50.50 points lower.

Headlines for the day:

• October IIP grows by 9.8%, ahead of estimates but on low base 
• Hotel Leela gets CCI nod for Goa property sale for Rs725crore 
• Maruti Suzuki launches S-Cross Premia Special edition at Rs8.99 lakh

Trend in FII flows:   The FIIs were net  sellers of  Rs – 253.73 Cr in the cash segment on Friday while the DIIs were net buyers of  Rs 292.88 Cr, as per the provisional figures released by the NSE.


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CS ROCKING PERFORMANCE OF THE DAY-11 DECEMBER 2015


Sgx Nifty Futures

STOCK FUTURES:

FUTURES INTRADAY:

YES BANK SELL  CALL 3 TG 
JSW ENERGY BUY CALL 3 TGT
CEAT LTD  SELL  CALL 3 TG 
STAR SELL  CALL 2 TG 
JSW STEEL BUY CALL SL TRIGERRED
                                                                                                                                                                                                 
OPTION:
PNB 125 PUT  BUY CALL 3 TG 

STOCK CASH

STOCK CASH INTRADAY:
YES BANK SELL CALL 3 TG 
TITAN  SELL CALL 3 TG 
JSW STEEL BUY CALL 1 TG 
JUST DIAL CALL 1 TG 
BFUTILITIE BUY CALL SL  TRIGERRED 
AUROPHARMA BUY CALL HOLD FOR TOMORROW 

STOCK CASH  PREMIUM:
PNB SELL CALL  3 TG 
HAVELLS SELL CALL  3 TG (BOOKES AT 298.60)


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TOP CORPORATE NEWS-11 DECEMBER 2015

Intraday Stock Futures

RBI to reduce SLR by 0.25% every quarter in FY17
RBI to reduce SLR by 0.25% every quarter in FY17 – long term positive. RBI has released the roadmap to progressively bring down the SLR by 0.25% every quarter till March 31, 2017 and concurrently reduce the abovementioned ceiling on SLR holdings under HTM in alignment with the SLR requirement. While reduction in SLR is structurally positive. It would not have any significant impact in near term as these measures were already discussed by RBI and banks continue to hold excess SLR due to slower credit growth.

NBCC bags order worth Rs188 crore
NBCC bagged orders worth Rs188 crore from Tourism Ministry after recent orders of Rs5828 crore – Positive for NBCC. National Buildings Construction Corporation has bagged orders worth Rs188 crore from from Tourism Ministry for the construction of Indian Culinary Institutes (ICIs) at Tirupati and Noida. The estimated cost of constructing institutes at Noida and Tirupati is Rs98 crore and Rs89 crore respectively. Above the cost, NBCC will levy an additional 7% agency charges for both the works.

Apollo Tyres debt rating upgraded by Crisil
Apollo Tyres debt rating upgraded by Crisil; positive for the company Rating agency Crisil has upgraded the long term rating for Apollo Tyres’ debt program from AA/Positive to AA+/Stable. The agency has maintained the short term debt rating at A1+.

Cipla to transfer healthcare business to Cipla Health
Leading pharma company, Cipla has said that its Board of Directors have approved the transfer of the consumer healthcare business of the company to Cipla Health Limited on a going concern basis by way of a slump sale for a lump sum consideration of Rs16 cr. Cipla Health is a newly incorporated subsidiary of the company and was incorporated on August 27, 2015. It will focus its business activities in the consumer healthcare space. The consumer healthcare business to be transferred to Cipla Health includes the scope of the business as approved on July 09, 2015, along with certain additional business.

Siemens wins order worth Rs102 
Siemens has won an order worth Rs102 crore to supply a 400 kV GIS Substation to West Bengal State Electricity Transmission Company. The scope of the order includes engineering, supply, installation and commissioning of the GIS Substation. – positive for Siemens,

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INDIAN EQUITY MARKET OUTLOOK-11 DECEMBER 2015

Sgx Nifty

INDIAN BENCHMARKS  are poised to open on a flat note, with a negative bias on Friday, as traders stay on the sidelines ahead of the October IIP data.

Ended by 1% higher on Thursday ending a six-session losing streak, as investors bought into beaten down shares even as sentiment remained cautious ahead of the US Federal Reserve meeting next week. The S&P BSE Sensex and CNX Nifty rose 0.86%-0.93% each.

Indian stocks ended by 1% higher on Thursday ending a six-session losing streak, as investors bought into beaten down shares even as sentiment remained cautious ahead of the US Federal Reserve meeting next week. The S&P BSE Sensex and CNX Nifty rose 0.86%-0.93% each.

Major Headlines:

JLR November 2015 global wholesale volumes up 23.5% YoY
Inox Wind acquires 100% equity shares of Sarayu Wind Power
Inox Wind acquires 100% stake in Sarayu Wind Power

Global Indices:

US stock index futures poised for a higher opening at the Wall Street on Thursday.

European shares fell for a third straight session on Thursday, touching a two-month low, with retailers and tech firms under pressure even as commodity shares stabilised.

Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker poured cold water on market expectations of more easing by the European Central Bank.

Trend in FII flows:   The FIIs were net  sellers of  Rs – 580.28 Cr in the cash segment on Thursday while the DIIs were net buyers of  Rs 410.92 Cr, as per the provisional figures released by the NSE.

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INDIAN EQUITY MARKET WRAP UP-10 DECEMBER 2015

Bank Nifty Live


INDIAN BENCHMARKS: SENSEX ENDS 216 POINTS UP, NIFTY 50 ABOVE 7650

A surge in buying of beaten-down stocks like Reliance Industries, Vedanta, among others ensured that the domestic equity benchmarks snapped their six-session losing streak to close higher on Thursday. The indices shrugged off weak global cues and weakness ahead of the crucial US Federal reserve meet next week. 

The S&P BSE Sensex closed higher by 216 points, or 0.86 per cent, at 25,252 while the 50-stock barometer Nifty50 ended at 7,683, up 70 points, or 0.93 per cent. RIL and Tata SteelBSE 2.69 % were the top gainers on the BSE benchmark. 

HEADLINES OF THE DAY

Havells to divest stake in Sylvania; stk up
Bharat Forge signs supply agreement with Rolls-Royce
Aurobindo gets approval for Eptifibatide and Levonorgestrel
Jain Irrigation gains on Rs220 crore contract from Tanzania

The crucial resistance for Nifty SPOT is now seen at 7703 and above this 7775. Support for the immediate term is now placed at 7612 and next support will be 7540.

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TOP CORPORATE NEWS-10 DECEMBER 2015

Intraday Stock Futures

Havells to divest stake in Sylvania; stk up
Havells India gained over 8%, touching to Rs306, after the company said its wholly owned subsidiary, Havells Holdings, proposes to divest 80% stake in Havells Sylvania Malta BV.
Havells India has decided to sell 80% stake in European lighting systems and fixtures company Sylvania, which it acquired in 2007 and became a global player.

Bharat Forge signs supply agreement with Rolls-Royce
Bharat Forge signs supply agreement with Rolls-Royce; positive for the company
Bharat Forge has signed a long term supply agreement with Rolls-Royce for supply of critical and high integrity forged and machined components.

Aurobindo gets approval for Eptifibatide and Levonorgestrel
Aurobindo has received final approval from the US Food & Drug Administration ( USFDA) to manufacture and market Eptifibatide Injection and Levonorgestrel Tablet (OTC), 1.5 mg. Eptifibatide Injection is used in the treatment of acute coronary syndrome.

ABG Shipyard rises on Union Cabinet clearance
ABG Shipyard gained over 6%, touching to Rs67, after the Union Cabinet approved policy measures to promote shipbuilding industry.

Jain Irrigation gains on Rs220 crore contract from Tanzania
Shares of Jain Irrigation rose 2% to Rs63.95 on NSE after the company bagged Rs220 crore contract from Tanzania.
Jain Irrigation Systems has bagged a Rs220 crore contract from Tanzania authority DAWASA for supply and installation of water distribution network in the capital city 'Dar Es Salaam'. The company intends to complete the project in next 15-18 months.

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INDIAN EQUITY MARKET OUTLOOK-10 DECEMBER 2015

Sgx Nifty

INDIAN BENCHMARKS are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 13.50 points higher.
                                                                      
Indian Indices:

Indian shares are likely to start the session on a positive note as the global cues look supportive with SGX Nifty trading 13.50 points higher. Indian shares marked a sixth session of losses on Wednesday, staying near three-month lows hit on Tuesday, as hopes dwindled that a crucial tax reform would be cleared in the ongoing winter session of parliament. The S&P BSE Sensex and CNX Nifty fell 1.08%-1.16% each. On Wednesday (December 09, 2015), the 30-share Sensex closed at 25036.05, down by 274.28 points or by 1.08%, and the NSE Nifty ended 89.2 points lower at 7612.5.

Trend in FII flows:   The FIIs were net  sellers of  Rs – 527.41 Cr in the cash segment on Wednesday while the DIIs were net buyers of  Rs 864.72 Cr, as per the provisional figures released by the NSE.


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CS ROCKING PERFORMANCE OF THE DAY-09 DECEMBER 2015

Sgx Nifty Futures

STOCK FUTURES:

FUTURES INTRADAY:
AJANTA PHARMA SELL CALL 3 TG 
L&T FUTURES   SELL CALL 3 TGT
CENTURYTEX  SELL CALL  3  TG 
                
NIFTY FUTURES:
NIFTY FUTURES SELL CALL 3  TG

OPTION:
COAL INDIA 320 PUT  BUY CALL 3 TG 
L&T 1350 PUT BUY CALL 2 TG 

OPTION PREMIUM:
YES BANK 720 PUT  BUY CALL 1 TG 

STOCK CASH

STOCK CASH INTRADAY:
AJANTA PHARMA SELL CALL 3 TG 
BAJAJ AUTO SELL  CALL 3 TG ( BOOKED AT 2383.35)
CESC  SELL CALL 3 TG 
HAVELLS  SELL CALL 2 TG 
CENTURYTEX  SELL CALL COST EXIT 

STOCK CASH  PREMIUM:
BHEL BUY CALL HOLD FOR TOMORROW 


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INDIAN EQUITY MARKET WRAP UP-09 DECEMBER 2015

Bank Nifty Live

INDIAN BENCHMARKS: SENSEX DOWN YET AGAIN BY  274 POINTS,NIFTY 50 CLOSED AT 7612

The domestic equity market saw a fresh bout of selling on Wednesday as investors grew increasingly concerned about a possible delay in the passage of the goods and services tax (GST) bill and the slump in crude oil prices. Market watchers may already be preparing themselves for another session of no-action on the GST front. 

The S&P BSE Sensex slipped 274 points, or 1.08 per cent, to close at 25,036 while the 50-stock barometer Nifty50 ended at 7,612, down 89 points, or 1.12 per cent. Vedanta and Tata Steel were the top losers in the BSE benchmark 

HEADLINES OF THE DAY

Havells plans to divest majority stake in Sylvania
CESC drops post winning Pune franchise of IPL
BHEL up after govt says no divestment plans

The crucial resistance for Nifty SPOT is now seen at 7685 and above this 7732. Support for the immediate term is now placed at 7540 and next support will be 7469.

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