Indian markets likely to open with modest loss;

Indian Indices:

Indian markets likely to open with modest loss. Indian equity markets are likely to open tad lower on Thursday tracking mixed cues from the Asian peers and slightly lower close overnight on Wall Street. The muted trend in the SGX Nifty, which was trading with nominal loss of 11 points at 9,626, indicated that domestic bourses may open with modest loss.

Nifty50 needs to hold above the levels of 9,645-9,650 to extend its upmove towards the levels of 9,670-9,700. On the downside, the support for Nifty50 index is placed at levels of 9,550 and 9,500.

The GDP data were released after market hours on Wednesday. India’s GDP grew at 6.1% Y-o-Y during the January-March period. The GDP growth rate for the full year 2016-17 came in at 7.1%.

Global Market:

US stocks were little changed on Wednesday as financials dropped after JPMorgan and Bank of America warned of revenue weakness, offsetting gains in defensive plays.

Stocks in Asia were mostly flat on Thursday following a slightly lower close on Wall Street in the last session and ahead of the Caixin PMI data from China due later in the morning.

Asian markets were trading mixed on Thursday. Japan’s Nikkei 225 has surged 161 points, whereas Hong Kong’s Hang Seng has slipped 33 points and China’s Shanghai Composite has shed 13 points.

Major Headlines of the day:

IOC, HPCL, BPCL in focus: Petrol price hiked by Rs 1.23 per litre, diesel price hiked by 89 paise per litre

Bharat Gears considered and approved the proposal to avail a term loan of Rs 110 crore from KKR India Financial Services

Dr Reddy's gets US FDA nod for Bivalirudin injectable (a specific & reversible direct thrombin inhibitor)

Capital International sold entire stake in Reliance Communications via block deal on Wednesday

Trend in FII flows:The FIIs were net buyers of Rs 1048.93 the cash segment on Wednesday  while the DIIs were net sellers of Rs -939.54 as per the provisional figures.

Securities in Ban For Trade Date 01-JUN-2017:

1.JPASSOCIAT

2.RCOM

3.RELCAPITAL

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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Muted start likely on flat global cues;

Indian Indices:

Indian shares are likely to witness a flat opening as the global markets are muted with SGX Nifty trading 2.50 points higher @9622. The Indian benchmarks are set to open flat on Wednesday amid mixed cues from Asian peers. Also, Wall Street ended lower in the previous trading session as weakness in the energy and financial sectors outweighed gains in technology shares.

On the economic front, the investors will eye the GDP numbers as the Government will unveil GDP figures for the quarter ended on May 31, Wednesday post market hours. Gross domestic product (GDP) had grown marginally lower, at 7 percent, in the third quarter of FY17, down from 7.4 percent in the second quarter.

The Indian equity benchmarks ended at fresh record closing high with benchmark index Sensex ending nearly 50.12 points higher, while NSE Nifty settled at 9,624.55-mark, as investors cheered the news of early arrival of monsoon and expectation of implementation of GST.

The 30-share barometer index of Bombay Stock Exchange, Sensex closed trade at 31,159.4 up by 50.12 points or 0.16 per cent, while the NSE Nifty ended at 9,624.55 up by 19.65 points or 0.2 per cent.

Global Market:

Asian stocks climbed on Wednesday, capping a fifth consecutive month of gains, as data showed China's factory activity grew at a steady clip this month, bucking expectations of a slowdown.

Oil prices fell on Wednesday, as rising output from Libya added to concerns about increasing U.S. production which is undermining OPEC-led production cuts aimed at tightening the market.

Japan's factory output rebounded in April from March and grew at the fastest pace in almost six years, taking production to its highest level since 2008.

Major Headlines of the day:

Eveready to form JV with McLeod Russel for packet tea business.

EIH Q4 net profit up 78% at Rs 50 crore.

Max Financial net profit jumps 51% at Rs 593 cr in FY17.

JLR slashes select model prices by up to Rs 10.9 lakh to offer GST benefits

Trend in FII flows:The FIIs were net buyers of Rs -217.10 the cash segment on Tuesday while the DIIs were net sellers of Rs 366.97 as per the provisional figures.

UPCOMING RESULTS: CASTROLIND,

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

1. RCOM

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CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Gap down opening likely, Bulls in no mood to start the Day;

Indian Indices:

Indian shares are likely to witness a weak opening as the global markets are seen trading lower with SGX Nifty trading 26.50 points lower @9590.Indian equities are likely to open lower on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trading across Asian markets as investors were spooked by reports of an early election in Italy.

Major markets around the world remained closed today for various holidays, with Hong Kong and China shut for a public holiday, while Wall Street remained closed on Monday for Memorial Day.

Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading 9,589.00, down by 28.00 points or 0.29 per cent, at 10:50 AM Singapore time, also signaled a negative opening for local bourses.

The 30-share barometer SENSEX closed at a new high of 31109.28, up by 81.07 points or by 0.26 per cent, and the NSE Nifty ended at 9604.9, up by 9.8 points or by 0.1 per cent.

Global Market:

The European geopolitical fears sapped risk appetite, weighing on Asian stocks and lifting safe havens including the yen and gold, though trading was thin with several markets closed for holidays.

Concerns about a Greek bailout, early Italian elections and comments by the European Central Bank chief about the need for continued stimulus all kept the euro under pressure on Tuesday.

Euro zone growth may be improving but inflation remains subdued and still requires substantial stimulus, European Central Bank President Mario Draghi said on Monday, tempering expectations for the bank's June 8 policy meeting.

Major Headlines of the day:

Aurobindo Pharma Q4 net dips 4% to Rs532 crore.

BPCL's Q4 standalone net profit down 13%.

BHEL Q4 net profit down 57% at Rs 215 crore.

Trend in FII flows:The FIIs were net buyers of Rs -709.97 the cash segment on Friday while the DIIs were net sellers of Rs -290.53 as per the provisional figures.

UPCOMING RESULTS: AEGIS, APOLLO HOSPITAL, ASHOKA BUILDCON, BERGER PAINT, GODREYPHILLIP, HINDALCO, IRB, JET AIRWAYS, NATCOPHARMA, PVR, RAMCOCEM, REC, SAIL, THERMAX, UFLEX, MCDOWELL, M&M, ECLERX.

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 may see some downfall in opening deals;

Indian Indices:

Indian shares are likely to witness a flat to weK opening as the global markets are seen trading slightly lower with SGX Nifty trading 16 points lower @9840. The broader markets, MidCap and SmalCap, after seeing correction in last few sessions, gained 1.35 per cent and 2.01 per cent.

Indian equities are likely to open lower on the first trading day of the June futures and options contracts, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets.Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading 9,482.50, down by 13.50 points or 0.14 per cent, at 10:44 AM Singapore time, also signaled a negative opening for local bourses.

The 30-share barometer SENSEX closed at a new high of 30750.03, up by 448.39 points or by 1.48 per cent, and the NSE Nifty gained 149.2 points, or 1.59 per cent, to settle at 9509.75.

Global Market:

Asian stocks dropped, turning away from Wall Street's strong performance overnight.

OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years.

The current level of U.S. prices is noticeably lower than what it would be if the Federal Reserve had delivered on its 2-percent inflation target, St. Louis Federal Reserve President James Bullard said, calling the trend 'worrisome.'

Major Headlines of the day:

Nalco's revenue pegged at Rs 8,100 crore in FY18.

Voltas net jumps 22% in Q4, shares gain 6%.

IOC posts 85.5% rise in Q4 profit on back of inventory gains.

Trend in FII flows: The FIIs were net buyers of Rs 589.11 the cash segment on Thursday while the DIIs were net sellers of Rs -236.44 as per the provisional figures.

UPCOMING RESULTS: ALKEMLAB, BEML, CG POWER, DIVIS LAB, HPCL, ITC, NBCC, ONGC, TECHM, SUNTV, SUNPHARMA, TORRENTPHARMA, VIDEOCON.

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/

Markets open in green, Nifty over 25 points;

Indian Indices:

Benchmark indices gained on the opening tick on Thursday, tracking handover from the global markets, with the Nifty looking to reclaim 9400. BSE Sensex opened up by 74 points at 30374, while the Nifty50 opened higher by 26 points at 9386 mark.

The Sensex was up 81.32 points at 30382.96, while the Nifty was up 26.15 points at 9386.70. The market breadth was narrow as 588 shares advanced against a decline of 225 shares, while 39 shares were unchanged. Nifty50 Index has breached its rising trendline support which was formed by joining lows of 7,893.80 and 9088.75. Now, going forward, Nifty50 has support placed around the level of 9,320, and if this level is breached, the index may drift towards the level of 9,270. On the upside, the region of 9,410-9,430 is likely to act as an immediate resistance.

There are 918 advances, 428 declines and 426 unchanged stocks on NSE reflecting some positive bias floating in the market.

Global Market:

Asian shares eked out modest gains on Thursday while the dollar and US bond yields slipped after the US Federal Reserve signalled a cautious approach to future rate hikes and the reduction of its USD 4.5 trillion of bond holdings.

Wall Street rose, while the US dollar and bond yields fell on Wednesday after Federal Reserve meeting minutes signalled a gradual approach to interest rate hikes, and oil prices dipped on a draw of US gasoline stocks that was smaller than expected.

US stocks ended up slightly higher on Wednesday with the S&P 500 hitting a record high close as minutes of the Federal Reserve’s latest policy showed broad agreement on plans to begin shirking the central bank’s balance sheet and also pointed to a likely rate hike next month, as widely expected. The Dow Jones Industrial Average gained 75 points to end at 21,012.

Major Headlines of the day:

Max Financial- Has not received any formal communication from regulator

Telecom-TRAI firm on decision to penalize Big 3 for Choking POI to Jio

M&M has natural strength in aerospace & armoured vehicles, See opportunities of Rs 20,000-50,000 crore in every sector

Trend in FII flows:The FIIs were net buyers of Rs 81.88 the cash segment on Wednesday while the DIIs were net sellers of Rs 197.31 as per the provisional figures.

UPCOMING RESULTS: ASHOKLEY, ASIAN HOTEL, BALKRISHNAIND, BFUTILITY, BOSCH, BRITANNIA, CIPLA, DHAMPUR, GSPL, IOC, MANNAOURAMFIN, NMDC, PAGEIND, VADILA, TIMKEN, THOMASCOOK.

Securities in Ban For Trade Date 25-MAY-2017:  

1.BANKINDIA

2.IBREALEST

3.INFIBEAM

4.JISLJALEQS

5.JPASSOCIAT

6.ORIENTBANK

7.RCOM

8.RELCAPITAL

9.UJJIVAN

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 start likely ahead of F&O expiry; SGX Nifty trades slightly positive;

Indian Indices:

Indian shares are likely to witness a flat to positive opening as the global markets are slightly higher with SGX Nifty trading 13 points higher @9406. The broader markets witnessed hefty selling with MidCap and SmallCap indices falling between 1.5-1.9 per cent.

Indian equities are likely to open flat with positive bias on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets. Back home, bullish trend in the SGX Nifty Index Futures for May delivery, which were trading 9,411.50, up by 18.50 points or 0.20 per cent, at 10:50 AM Singapore time, also signaled a flat to positive opening for local bourses.

The market may see customary volatility amid expiry of May futures and options contracts due today. The 30-share barometer SENSEX closed at 30365.25, down by 205.72 points or by 0.67 per cent, and the NSE Nifty ended at 9386.15, down by 52.1 points or by 0.55 per cent.

Global Market:

Asian shares mostly gained on Wednesday after Moody's downgraded China's credit rating, and as investors awaited minutes from the U.S. Federal Reserve and an upcoming OPEC meeting.

U.S. stocks closed higher for a fourth-straight day Tuesday, as the recent political turmoil weighing on equities eased in the wake of President Trump’s absence, as he continued his first trip abroad since taking office.

Nokia jumps on Apple settlement; UK mid-caps outperform - For more see the European equities Live Markets blog

Major Headlines of the day:

JK Paper-Plans Rs 650 crore for investment, To raise USD 5mn from IFC GAIL, NTPC

GAIL, NTPC-RGPPL demerger: GAIL to own LNG terminal, NTPC to get power plant

Mangalore Chemicals & Fertilizers-CARE has revised the Long Term Rating to BBB Stable from BBB-;Stable and Short Term Rating to BBB from BBB

Trend in FII flows:The FIIs were net buyers of Rs -400.53 the cash segment on Tuesday while the DIIs were net sellers of Rs 352.54 as per the provisional figures.

UPCOMING RESULTS: Adani Enterpris, Adani Ports, Amara Raja Batt, Bharat Forge, Escorts Finance, Lupin, Zee Media.

Securities in Ban For Trade Date 24-MAY-2017:  

1.BANKINDIA

2.BHARATFIN

3.CAPF

4.CEATLTD

5.IBREALEST

6.IDBI

7.INFIBEAM

8.JISLJALEQS

9.JPASSOCIAT

10.ORIENTBANK

11.RCOM

12.TV18BRDCST

13.UJJIVAN

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/

Nifty opens marginally higher by 7 points; Maruti top Nifty gainer;

Indian Indices:

BSE Sensex opened lower by 17 points at 30553, while the Nifty50 opened higher by 7 points at the 9445 mark. Equity benchmark indices began the session on a flat note, with the Sensex and Nifty trading with double digit gains.

Nifty50 has immediate support placed at the level of 9,400, and if the index sustains below the level of 9,400, weakness could drag the index lower up to levels of 9,370-9350. On the upside, if index holds above the levels of 9,500-9,510, it is likely to move toward the level of 9,540 and higher. Maruti is the top Nifty gainer and Sun Pharma is the top Nifty loser.

There were 756 advances, 649 declines and 493 unchanged stocks on NSE reflecting fairly positive bias floating in the market. Midcaps gained marginally higher, along with IT and auto indices on the Nifty, while pharma stocks took a hit on the back of negative news flow. Aurobindo Pharma and Sun Pharma fell over 4 percent.

Global Market:

Asian Markets are trading mixed on Tuesday. Japan’s Nikkei 225 has shed 21 points. Hong Kong’s Hang Seng has advanced 77 points and China’s Shanghai Composite has slipped 7 points.

US stocks rose on Monday, boosted by technology shares and by defence companies, which gained after the United States and Saudi Arabia signed a multi-billion dollar arms deal.

Wall Street ended higher for the third session led by tech and industrial stocks. The Dow Jones Industrial Average advanced 90 points to close at 20,895. The S&P 500 index added 12 points to end at 2,394. The Nasdaq Composite surged 50 points to close at 6,134.

Major Headlines of the day:

SRF setting-up of a facility to produce agrochemical at SRF's Chemical Complex in Dahej, Gujarat at an estimated cost of Rs. 180 Crores

Adani Enterprises-Company to delay decision on Australis mine

Clariant Chemicals-Swiss group Clariant (global parent) announced an all-stock deal to merge with the US-based Huntsman Corp

Trend in FII flows:The FIIs were net buyers of Rs -4137.51 the cash segment on Monday while the DIIs were net sellers of Rs 4458.78 as per the provisional figures.

UPCOMING RESULTS: BALAJI TELIFIM,CENTURY PLYBOARD, DCM SHRIRAM IND, ENT NETWORK, JUBILANT LIFE ,MUNOTH FIN, NCC ,PUDUMJEE IND, TATAMOTORS, TCI EXPRESS, TORRENT POWER, TRF, VOLTAS.

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

1.BANKINDIA

2.BHARATFIN

3.CAPF

4.CEATLTD

5.CESC

6.HDIL

7.IBREALEST

8.IDBI

9.INFIBEAM

10.JINDALSTEL

11.JISLJALEQS

12.JPASSOCIAT

13.JSWENERGY

14.ORIENTBANK

15.TV18BRDCST

16.UJJIVAN

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/

Nifty opens closer to 9500;

Indian Indices:

The BSE Sensex opened at 30,548 up by 113 points, while the Nifty50 opened up by 41 points at 9470 mark. Nifty has broken our major supports at 9470-9450. Hence, in case of more downside, we hold 9405-9370 as the immediate supports for the Nifty. However, if we witness any immediate recovery, we hold 9450-9485 as the support turned resistances for the Nifty.

Bosch is the top Nifty gainer and Asian Paints is the top Nifty loser in the morning hours. Bosch is trading at Rs 24,100 per share up by 3.59% whereas Asian Paints is trading at Rs 1139.85 per share, down by 1%.Nifty opened on Thursday with a gap-down taking cues from the global bourses, but bounced back for gap-filling and then gave a sharp turnaround yet again to close in the red with 1% loss. Hence, we may see some remains of the sell-off initially followed by short covering.

Indian markets may recover on short covering Benchmark indices witnessed a gap-up opening on Friday, following the negative previous session, as the Street cheered the rates for the new goods and services tax (GST).There are 1101 advances, 348 declines and 468 unchanged stocks on NSE reflecting some positive bias floating in the market.

Global Market:

Asian markets are a mixed bag where Japan’s Nikkei 225 is down 0.18% at 19519.  Hong Kong’s Hang Seng is marginally up with 0.22% gains and China’s Shanghai Composite is flat.

US stocks recovered where Nasdaq closed with gain of 0.7% at 6055, S&P 500 closed 0.37% up at 2366 and Dow Jones Industrial Average climbed 0.27% to 20663 level.

Wall Street rebounds from Trump-induced sell-off; dollar rises

Major Headlines of the day:

Lupin gets US FDA approval for generic Seroquel XR tablets, Alert: Tablets used to treat Schizophrenia or Bipolar Disorder

CESC restructures biz, demerges into 4 cos; stock dips 15% on announcement

FMCG lurches between lofty valuation, low growth and Baba Ramdev

Trend in FII flows: The FIIs were net buyers of Rs -360.59 the cash segment on Thursday while the DIIs were net sellers of Rs 897.96 as per the provisional figures.

UPCOMING RESULTS: : GRASIM, JUSTDIAL, MMFORGING, SHAKTIPUMP, TATAPOWER, VGUARD, VRL LOGISTIC, KEC, KALPATRU, MOTHERSUMI, SBI, UNION BANK,  SINTEX.

Securities in Ban For Trade Date 19-MAY-2017:  

1.BHARATFIN

2.CANBK

3.CAPF

4.CEATLTD

5.CESC

6.HDIL

7.ICIL

8.IDBI

9.IFCI

10.INFIBEAM

11.JINDALSTEL

12.JISLJALEQS

13.JPASSOCIAT

14.JSWENERGY

15.ORIENTBANK

16.TV18BRDCST

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/