Cautious start likely: SGX Nifty trades flat

Indian Indices:

The Indian benchmarks are set to open flat on Friday amid mixed cues from Asian peers. On the economic front, the 13th sitting of the GST Council will take place on Friday in the backdrop of four key Goods and Services Tax (GST) Bills - the Centre GST, the Union Territory GST, the Integrated GST, and the compensation law getting the Parliamentary nod.

Also, the Government will unveil external debt data followed by infrastructure output data for the month of February, foreign reserves, bank deposit growth on a year-on-year (YoY) basis and bank loan growth.Muted trend in the SGX Nifty Index Futures for April delivery, which were trading at 9183.50, down by 11 points or 0.12 per cent, at 10:36 AM Singapore time, signalled a flat to lower opening for the domestic bourses.

The market sentiment also got a lift after the Lok Sabha passed four crucial legislations to introduce countrywide Goods and Services Tax (GST) bringing India closer to a unified tax regime.

The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29647.42, up by 115.99 points or by 0.39 per cent, and the NSE Nifty ended at 9173.75, up by 29.95 points or by 0.33 per cent.

Global Market:

Asian markets have opened mostly mixed as investors digested a mixed set of economic data out of east Asia.

Wall Street closed higher on Thursday after data showed US economic growth was stronger than previously reported last quarter, helped by robust consumer spending.

Shanghai Composite was up by 0.11%  & Shenzhen Composite added 0.11%.Hang Seng Index was trading stronger by 0.61% in the early hours of trade.

Major Headlines of the day:

PTC India Fsells stake in IEX.

Vedanta board approves Rs6580 cr dividend payo.

After BS-III vehicles ban, dealers kick off fire sale on bikes, trucks and buses.

Trend in FII flows: The FIIs were net buyers of Rs  67.97  the cash segment on Thursday  while the DIIs were net sellers of Rs 1701.79  as per the provisional figures.

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

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Indices may open in Green: SGX Nifty to add support

Indian Indices:

The Indian benchmarks are set to open marginally higher on Thursday backed by positive global and domestic cues on Thursday.

The market is likely to react positively on Thursday after the Lok Sabha passed four crucial legislations to introduce countrywide Goods and Services Tax (GST) bringing India closer to a unified tax regime. But the market could remain volatile due to March F&O expiry today.

Positive trend in the SGX Nifty Index Futures for March delivery, which were trading at 9153, up by 9 points or 0.10 per cent, at 10:34 AM Singapore time, signalled a flat to marginally higher opening for the domestic bourses. On Wednesday, the Indian equity extended rally, tracking firm global cues, ahead of the expiry of March series futures and options contracts on Thursday.

The market sentiment got a lift on renewed optimism for tax reforms in the US coupled with sustained buying by foreign portfolio investors. The 30-share barometer index of Bombay Stock Exchange, Sensex closed at 29531.43, up by 121.91 points or by 0.41 per cent, and the NSE Nifty ended at 9143.8, up by 43 points or by 0.47 per cent.

Global Market:

The Asian markets have opened mostly higher helped by gains in oil prices, while Wall Street closed mixed on Wednesday after healthcare bill failed to impress Congress

Japan's Nikkei stock index was down 0.2 percent, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the US S&P 500 end higher overnight.

Major Headlines of the day:

After two-wheelers, general insurers want longer term motor policies for cars.

Financials services industry will be more consolidated than it is today: Kotak

ITR form simplified further; e-filing to start from April

Trend in FII flows: The FIIs were net buyers of Rs  460.98  the cash segment on Wends day   while the DIIs were net sellers of Rs 1283.03  as per the provisional figures.

Securities in Ban For Trade Date 30-MAR-2017:  

1. IFCI

2. JINDALSTEL

3. JPASSOCIAT

4. ORIENTBANK

5. TV18BRDCST

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

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Bullish start seen on global support

Indian Indices:

The Indian benchmarks are set to open higher on Wednesday amid positive global cues from its Asian peers.

After ending Monday on a lower note, the market opened on a positive note, driven by a rally in the banks.

Positive trend in the SGX Nifty Index Futures for March delivery, which were trading at 9140, up by 26.50 points or 0.29 per cent, at 10:34 AM Singapore time, signalled a higher opening for the domestic bourses.

On Tuesday, the Indian equity benchmarks rebounded strongly on sustained foreign inflows, following rally in Asian markets as investors shrugged-off President Trump’s failure to push through his healthcare reform.The market witnessed some bargain hunting which pushed bank and auto stocks higher, while realty and oil&gas stocks emerged as top laggards on the BSE.

The currency market was closed on account of Gudi Padwa holiday.

Global Market:

The euro pulled back to USD 1.0814, while the dollar bounced to 111.21 yen. Against a basket of currencies, the dollar was a fraction firmer at 99.759 .

The Dow snapped an eight-day losing streak, its longest run of losses since 2011, in part as a survey showed consumer confidence surged to a more than 16-year high. Japan's Nikkei added 0.1 percent, having climbed over 1 percent the previous day.

Asian shares inched ahead on Wednesday while the dollar and commodities rallied as investors shook off disappointment about US President Donald Trump's failed healthcare bill and focussed on an improving outlook for global growth.

Major Headlines of the day:

Mahindra Lifespace Developers will also be in focus as it turns ex-rights on Thursday. It has fixed the price at Rs 292 a share for its Rs 300-crore rights issue.

Axis Bank soared over 3 per cent after the private sector lender said that it has raised senior notes aggregating to USD 10 million under the medium term note (MTN) programme through its Dubai International Financial Centre (DIFC) branch.

Kotak Bank lines up press conference tomorrow. Kotak Mahindra Bank has been in the news for the past two months.

Trend in FII flows: The FIIs were net buyers of Rs 6415.38  the cash segment on Tuesday while the DIIs were net sellers of Rs 356.23  as per the provisional figures.

Securities in Ban For Trade Date 29-MAR-2017:  

1. BHARATFIN

2. CEATLTD

3. IBREALEST

4. IFCI

5. JINDALSTEL

6. JPASSOCIAT

7. JSWENERGY

8. ORIENTBANK

9.TV18BRDCST

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

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Markets open in red; Healthcare stocks plunge

Indian Indices:

Equity benchmarks saw a higher opening, driven by a rally in the banking stocks and tracking the global cues. Banking stocks Axis Bank, ICICI Bank were among the top gainers on both the indices, while GAIL and ONGC were a drag.

After ending Monday on a lower note, the market opened on a positive note, driven by a rally in the banks.

The 30-share Sensex was up 109.42 points at 29346.57, while the Nifty was up 43.15 points at 9088.35. The market breadth was healthy as 746 shares advanced against a decline of 189 shares, while 39 shares were unchanged.

Banking stocks such as Axis Bank, ICICI Bank were among the top gainers on both the indices, while GAIL and ONGC were a drag. IndusInd Bank, HDFC, DCB Bank and Cimmco touched their 52-week highs. Dishman Pharma surged 20 percent and was locked in upper circuit on the back of a product approval by the US drug regulator.

The currency market was closed on account of Gudi Padwa holiday.

Global Market:

The US stock markets ended mixed on Monday as worries loom over the fate of President Donald Trump’s economic plan, including tax reform and infrastructure spending.

The Dow Jones Industrial Average fell 45.74 points, or 0.22 percent, to 20,550.98, the S&P 500 lost 2.39 points, or 0.10 percent, to 2,341.59 and the Nasdaq Composite added 11.64 points, or 0.2 percent, to 5,840.37.

Asia markets gained on Tuesday morning as investors shrugged off the disappointment from the current US administration's ability to push through legislation to repeal and replace the Obama-era health-care law.

Major Headlines of the day:

UCO Bank: The bank by the way of preferential allotment, has approved issue of shares to the Government of India against proposed capital infusion of Rs 1150 crore.

Shriram EPC: The company from United Republic of Tanzania, Tanzania has received order worth $107.8 million in JV with Larsen & Toubro.

IDFC Bank: The bank has sold nine stressed loan portfolios worth Rs 5000 crore to Edelweiss Asset Reconstruction Company (ARC), which will be the largest such transaction in the financial year.

Trend in FII flows: The FIIs were net buyers of Rs  577.88 the cash segment on Monday  while the DIIs were net sellers of Rs -594.48  as per the provisional figures.

Securities in Ban For Trade Date 28-MAR-2017:  

1. BHARATFIN

2. CEATLTD

3. IBREALEST

4. IFCI

5. JINDALSTEL

6. JPASSOCIAT

7. JSWENERGY

8. ORIENTBANK

9. TV18BRDCST

10.WOCKPHARMA

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

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Markets open in red; Healthcare stocks plunge

Indian Indices:

BSE Sensex opened lower by 25 points at 29395, while the Nifty50 opened lower by 14 points at the 9093 mark.

At 9:15 AM, the BSE Sensex opened lower by 25 points at 29395, while the Nifty50 opened lower by 14 points at the 9093 mark.

Sensex closed at 29167.68, fell by 317.77 points or by 1.08%, and the NSE Nifty ended at 9030.45, slipped by 91.05 points or by 1.00%.

There are 754 advances, 586 declines and 430 unchanged stocks on NSE reflecting fairly positive bias floating in the market. ICICI Bank is the top Nifty gainer and Aurobindo Pharma is the top Nifty loser in the morning hours on Monday. Indian equities markets are likely to open flat to negative on Monday as the cues from Asian peers are subdued. The SGX Nifty, which was trading at 9,104, down by 7 points or 0.08%, also signalled a flat to negative opening.

Nifty50 needs to sustain above the level of 9,170 to continue its upward movement. If it does, it is likely to scale up to levels of 9,220-9,300. On the downside, the level of 9,060 is an immediate support for Nifty50 and the next support is placed around the level of 9,000.

Global Market:

The US stocks closed mostly lower, with major indices posting the biggest weekly losses in months, after House Republican pulled a controversial Healthcare bill from consideration as they did not have enough vote to pass the bill.

Benchmark US stock market indices ended the session. The S&P 500 index ended fractionally lower, the blue-chip Dow Jones Industrial Average slipped about 0.3 percent and the Nasdaq Composite Index rose about 0.2 percent.

Asian markets are trading in the negative terrain on Monday. Japan’s Nikkei 225 has declined about 300 points. Hang Seng is trading flat with negative bias and Shanghai Composite has gained 8 points.

Major Headlines of the day:

D-Mart IPO receives bumper listing on the exchanges.

Stock Update: HCL Technologies.

M&M subsidiary sells 100% stake in MICPL.

Trend in FII flows: The FIIs were net buyers of Rs 543.35 the cash segment on Friday while the DIIs were net sellers of Rs 116.50 as per the provisional figures.

Securities in Ban For Trade Date 27-MAR-2017:  

1. BHARATFIN

2. HDIL

3. IBREALEST

4. IFCI

5. JINDALSTEL

6. JPASSOCIAT

7. JSWENERGY

8. ORIENTBANK

9. RELCAPITAL

10.SINTEX

11.WOCKPHARMA

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

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Market may open slightly higher in early session

Indian Indices:

The key indices are set to open higher on Friday but the market may continue to remain rangebound on mixed global cues. SGX Nifty is trading 8.00 points higher.

Indian shares rose on Thursday, snapping a three-day losing streak as investors saw some of the losses in the previous sessions in sectors such as financials as overdone, with sentiment also boosted by higher global markets. The S&P BSE Sensex and CNX Nifty gained 0.56%-0.62% each.

Sensex closed at 29332.16, rose by 164.48 points or by 0.56%, and the NSE Nifty ended at 9086.30, up by 55.85 points or by 0.62%

Global Market:

European markets closed higher on Thursday as investors continued to monitor developments surrounding U.S. President Donald Trump's pro-growth agenda.

Wall Street fell on Thursday as investors worried about a delay in a vote on a healthcare bill. The US House of Representatives cancelled Thursday's vote on.

Dollar hangs on for US healthcare vote while Asian markets were muted early Friday. Oil prices idled near four-month lows on investor concerns that OPEC-led supply cuts were not yet reducing record US crude inventories..

Major Headlines of the day:
NHPC in power purchase pact with 7 power stations for 35 years.
Union Bank of India sells entire 5% stake in TransUnion CIBIL for Rs191 cr.
ABNL has transferred entire 51% stake in Birla Sun Life to AB Fin Svcs

Trend in FII flows: The FIIs were net buyers of Rs 1094.44  the cash segment on Thursday while the DIIs were net sellers of Rs -590.78 as per the provisional figures.

Securities in Ban For Trade Date 24-MAR-2017:  
1. BHARATFIN
2. CENTURYTEX
3. HDIL
4. IBREALEST
5. IFCI
6. JETAIRWAYS
7. JPASSOCIAT
8. JSWENERGY
9. ORIENTBANK
10.RELCAPITAL
11.SINTEX
12.WOCKPHARMA

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

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Markets likely to open higher on positive Asian cues

Indian Indices:

The Indian benchmarks are set to open higher on Thursday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trading across Asian markets. In the overnight trade.

The key Indian stock indices closed at their lowest levels in nearly two weeks on Wednesday, falling for a third straight session, as Banking and Automobile shares slid. The S&P BSE Sensex and the CNX Nifty lost 1.08% and 1.00%, respectively. The S&P BSE Sensex and CNX Nifty dipped 1.08%-1.00% each

Sensex closed at 29167.68, fell by 317.77 points or by 1.08%, and the NSE Nifty ended at 9030.45, slipped by 91.05 points or by 1.00%.

Global Market:

Asian stocks rose early Thursday, taking their cues from a Wall Street bounce, while the dollar crawled up from a four-month low but remains clouded by concerns about US President Donald Trump's progrowth policies.

Wall Street ended mixed after a choppy session on Wednesday as investors focussed on President Donald Trump's struggle to push through a healthcare bill and snapped up stocks after a steep drop the day befor

Asian stocks fell on Wednesday as a sharp pullback in Wall Street on doubts about Donald Trump's economic agenda prompted investors to rush to safe haven assets such as gold and government bonds.

Major Headlines of the day:

HPCL, IOC and BPCL to consider interim dividend on March 23.

Bank of Baroda raises Rs 1,000 cr via bonds.

DLF completes restructuring of JVs with Blackstoneled Ridgewood Holdings

Trend in FII flows: The FIIs were net buyers of Rs  356.64 the cash segment on Wednesday while the DIIs were net sellers of Rs -779.91 as per the provisional figures.

Securities in Ban For Trade Date 23-MAR-2017:  

1. CENTURYTEX

2. HDIL

3. IBREALEST

4. JETAIRWAYS

5. JPASSOCIAT

6. JSWENERGY

7. KSCL

8. ORIENTBANK

9. SINTEX

10. WOCKPHARMA

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

Visit Here- http://www.capitalstars.com/ 

A weak opening on the D-Street

Indian Indices:

Key indices are poised to open lower on, tracking mixed cues from fellow Asian peers after Wall Street ended lower in overnight trade on fading hopes that the Trump government will deliver its tax cuts promises. Bearish trend in the SGX Nifty Index is trading 68.00 points lower.

Indian shares fell for a second consecutive session on Tuesday, as lenders such as Axis Bank were hit by a Morgan Stanley downgrade while worries of regulatory action from the U.S. Food and Drug Administration triggered selling in drugmakers. The S&P BSE Sensex and CNX Nifty dipped 0.11%-0.06% each.

Sensex closed at 29485.45, fell by 33.29 points or by 0.11%, and the NSE Nifty ended at 9121.50, slipped by 33.20 points or by 0.36%.

Global Market:

European shares ended lower on Tuesday, reversing earlier gains as jitters about U.S. President Donald Trump's ability to push through reforms overshadowed soothing news from the French presidential debateEuropean shares ended lower on Tuesday, reversing earlier gains as jitters about U.S. President Donald Trump's ability to push through reforms overshadowed soothing news from the French presidential debate

Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote.

Asian stocks fell on Wednesday as a sharp pullback in Wall Street on doubts about Donald Trump's economic agenda prompted investors to rush to safe haven assets such as gold and government bonds.

Major Headlines of the day:

United Bank QIP Issue Opens, Floor Price Set at Rs24.44/Share.

Mindtree to consider declaration of interim dividend March 27.

Subex Board Meet On March 24 To Consider Issue Of Equity Shares On Preferential Basis.

Trend in FII flows: The FIIs were net buyers of Rs 1662.72 the cash segment on Tuesday while the DIIs were net sellers of Rs -798.57 as per the provisional figures.

Securities in Ban For Trade Date 22-MAR-2017:  

1. BHARATFIN

2. CEATLTD

3. CENTURYTEX

4. JETAIRWAYS

5. JPASSOCIAT

6. JSWENERGY

7. KSCL

8. ORIENTBANK

9. RELCAPITAL

10.SINTEX

11.WOCKHARD

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

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Flat opening on D-Street: D-Mart listing today

Indian Indices:

Markets poised to open flat with positive bias on Tuesday on sustained buying by foreign institutional investors (FIIs), tracking mixed cues from fellow Asian peers after Wall Street ended lower in overnight trade. SGX Nifty is trading 0.20 points higher.

Avenue Supermarts (D-Mart), which raised Rs1870-crore through initial public offering ( IPO), will remain in focus as it will list on stock exchanges today. Talking about economic, the Union Cabinet has approved four legislations required to implement GST which will be introduced in Parliament this week. Investors will keep an eye on IT bellwether HCL Technologies as it would buyback Rs3,500 crore of shares.

Indian shares snapped a two-session winning streak to end lower on Monday as software service exporters took a hit on concerns over a stronger rupee, and as investors took a breather after the NSE Nifty hit a record high last week. The S&P BSE Sensex and CNX Nifty dipped 0.44%-0.36% each

Sensex closed at 29518.74, fell by 130.25 points or by 0.44%, and the NSE Nifty ended at 9126.85, slipped by 33.20 points or by 0.36%.

Global Market:

Asian shares clung to their month highs early Tuesday while the dollar and US bond yields were on the back foot on the prospects of a less-hawkish Federal Reserve policy trajectory.

European markets closed down on Monday afternoon as investors focused on the potential impact that trade barriers could have on global growth.

Wall Street drifted lower on Monday as investors worried that President Donald Trump's plan to cut taxes and boost the economy could take longer than previously expected. Oil fell as investors continued to unwind bets on higher prices.

Major Headlines of the day:

Larsen arm wins Rs1656 crore contract from ONGC.

Idea Cellular board approves merger with Vodafone India.

Mahindra Lifespace fixes rights issue price at Rs292.

Trend in FII flows: The FIIs were net buyers of Rs  56.67   the cash segment on Monday  while the DIIs were net sellers of Rs -536.21    as per the provisional figures.

Securities in Ban For Trade Date 21-MAR-2017:  

1. BHARATFIN

2. CEATLTD

3. CENTURYTEX

4. JETAIRWAYS

5. JPASSOCIAT

6. JSWENERGY

7. KSCL

8. RELCAPITAL

9. SINTEX

10.WOCKPHARMA

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

Visit Here- http://www.capitalstars.com/  

Flat opening on Dalal Street

Indian Indices:

Indian benchmarks are set to open flat on Monday due to ripples coming from Uttar Pradesh with several marketmen raising concerns over the Centre's future reform policies in view of anointment of hardliner Yogi Adityanath as the Chief Minister.

SGX Nifty is trading 5.00 points lower.

India's broader NSE stock index hit a record high on Friday, as bets on improving earnings and additional economic reforms are fuelling a rally that investors believe will lead equity returns to outpace debt for the first time in two years. The S&P BSE Sensex and CNX Nifty rose 0.21%-0.07% each

Sensex closed at 29648.99, up by 63.14 points or by 0.21%, and the NSE Nifty ended at 9160.05, gained by 6.35 points or by 0.07%.

Global Market:

Asian equities were mixed on Monday as investors mulled headlines out of the G-20 finance ministers meeting in Germany at the weekend and China Development Forum over the next two days.

European markets were mixed in early Friday trading amid a pause in the global equity market rally and a slumping U.S. dollar that helped shares in Asia to their best weekly gain in more than six months.

US stocks edged lower on Friday but managed to post moderate weekly gains with investors awaiting further catalysts before jumping back into the market.

Major Headlines of the day:

Kotak Bank seeks nod to raise foreign investment limit to 49% from existing 42%.

Bharti Airtel close to buying Tikona's 4G spectrum, Overall value of the deal may be 1,500-1,700 cr.

Marico to acquire 45% equity stake in Zed Lifestyle.

Trend in FII flows: The FIIs were net buyers of Rs  1532.39  the cash segment on Friday while the DIIs were net sellers of Rs -711.50   as per the provisional figures.

Securities in Ban For Trade Date 20-MAR-2017:  

1. BHARATFIN

2. CENTURYTEX

3. JETAIRWAYS

4. JPASSOCIAT

5. RELCAPITAL

6. SINTEX

7. WOCKPHARMA

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

Visit Here- http://www.capitalstars.com/