Bulls fell down and Bears came tumbling after; SGX Nifty down 44 pts;

Indian Indices:

Indian shares are likely to witness a gapdown Friday morning with negative bias as the global markets look subdued with SGX Nifty trading 44 points lower @9485. The Indian benchmarks are set to open flat on Friday tracking muted cues from other Asian peers.

On the corporate front, Central Depository Services (CDSL) is all set to make its debut on exchanges on Friday, June 30. The final issue price is fixed at Rs 149, the higher end of the price band.

HDFC will also be in focus on the news that HDFC Life, one of the country’s leading private sector life insurance companies, will decide on the initial public offering (IPO) in its Board meeting in July.

Muted trends in the SGX Nifty Index Futures for July delivery, which were trading at 9504.50, up by 2 points or 0.02 per cent, at 10:40 AM Singapore time, signalled a flat opening for the domestic bourses.

On Thursday, the Indian equities ended tad higher in choppy trade, tracking firm cues from Asian peers, as traders rolled-over their position on the eve of June derivatives contract expiry. Investors also remained wary ahead of the launch of the long pending new tax regime GST on July 01.

The 30-share barometer SENSEX closed at 30857.52, up by 23.2 points or by 0.08 per cent, and the NSE Nifty ended at 9504.1, up by 12.85 points or by 0.14 per cent.

Global Market:

Asian markets opened lower despite China manufacturing activity beating expectations as select tech shares around the region sold off, while the Wall Street closed lower in the previous trading session as S&P 500 and the Dow industrials suffered losses largely weighed down by technology stocks.

U.S. President Donald Trump will use the premise of a national security review of the U.S. steel industry to demand action by the Group of 20 leaders to reduce excess capacity and other distortions in the global steel market, White House economic adviser Gary Cohn said on Thursday

President Donald Trump on Thursday promoted a 'golden era' of the U.S. energy business by seeking to assert power abroad through a boost in natural gas, coal and petroleum exports.

Major Headlines of the day:

Apollo LogiSolutions raises Rs 485 cr from Piramal.

ICICI Bank-led consortium completes Rs 16,189-crore asset resolution.

Sebi asks mutual funds to hone due diligence, playing on debt funds

Trend in FII flows: The FIIs were net buyers of Rs -1140.77 the cash segment on Thursday while the DIIs were net sellers of Rs 600.23 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.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Muted start likely with positive bias; SGX Nifty up 3 pts @9505;

Indian Indices:

Indian shares are likely to witness a muted Tuesday morning with positive bias as the global markets look subdued with SGX Nifty trading 3 points higher @9505.Indian equities are likely to open flat with positive bias on Thursday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and firm trading across Asian markets.

Back home, muted trend in the SGX Nifty Index Futures for June delivery, which were trading at 9,505.50, up by 3 points or 0.3 per cent, at 10:40 AM Singapore time, also signaled a flat opening for local bourses.

The market is likely to see volatility ahead of June F&O expiry due today and GST rollout lined up for July 01.

On the economy front, capital market regulator Sebi proposed to ease entry norms for foreign portfolio investors willing to invest directly in Indian stock markets. The Union Cabinet on Wednesday approved recommendations of Seventh Central Pay Commission to increased staff allowances with effect from July 1, 2017, which would help to flush in more liquidity in the market.

On the corporate front, Mindtree will remain in focus after its board approved the proposal to buyback the fully paid-up equity shares of the company worth Rs 270 crore. Among others, the initial public offer of AU Small Finance Bank was subscribed 18 per cent on the first day of the three-day bidding.

The 30-share barometer SENSEX closed at 30834.32, down by 123.93 points or by 0.4 per cent, and the NSE Nifty ended at 9491.25, down by 20.15 points or by 0.21 per cent.

Global Market:

Asian stocks were trading higher as investors digested comments from Europe's and Britain's central banks. In the overnight trade, Wall Street ended higher as the interest rate-sensitive financial stocks rose after the Federal Reserve approved the capital return plans of all 34 banks.

U.S. President Donald Trump will press South Korean President Moon Jae-in to improve trade imbalances with the United States during meetings at the White House on Thursday and Friday, a White House official said.

The Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes beyond being a cushion against catastrophe.

Major Headlines of the day:

Tata Motors-Volkswagen alliance: Differences crop up over vehicle platform.

Reliance Jio files 54 global patents in FY17, says it is 'future ready'.

Natural Rubber production up by 8.7% in May.

Trend in FII flows: The FIIs were net buyers of Rs -469.09 the cash segment on Wednesday while the DIIs were net sellers of Rs 168.97 as per the provisional figures.

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

1.FORTIS

2.GMRINFRA

3.IBREALEST

4.IFCI

5.INDIACEM

6.INFIBEAM

7.JPASSOCIAT

8.KSCL

9.ORIENTBANK

10.RELCAPITAL

11.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/

Bears to ring opening bell; SGX Nifty down 30.50 pts @9486;

Indian Indices:

Indian shares are likely to witness a bearish Tuesday morning deals as the global markets look subdued with SGX Nifty trading 30.50 points lower @9486.Indian equities are likely to open lower on Wednesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and negative trading across Asian markets. Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading at 9,485.50, down by 0.31 points or 0.33 per cent, at 10:40 AM Singapore time, also signaled a weak opening for local bourses.

The market may see volatility this week ahead of June F&O expiry due tomorrow and GST rollout lined up for July 01.

On the economy front, the finance minister Arun Jaitley commented that some people may face short term pain from GST rollout, is likely to weigh on investor sentiment. On the corporate front, Jaipur-based AU Small Finance Bank will launch initial public offering today with price band fixed between Rs 355 and Rs 358. The company on Tuesday raised Rs 563 crore by allotting 1.57 crore shares to 34 anchor investors.

Weighed down by sharp losses in rate sensitive realty and bank stocks, the Indian equities ended lower for the second straight session on Tuesday, tracking mixed cues from Asian market.

On the sectoral front, banking stocks emerged as top losers after rating agency raised concerns over mounting loan-loss provisioning and said that banks will have to sacrifice nearly 60 per cent of the value of the loans extended to the 12 indebted companies recognized by the RBI.

The 30-share barometer SENSEX closed at 30958.25, down by 179.96 points or by 0.58 per cent, and then NSE Nifty ended at 9511.4, down by 63.55 points or by 0.66 per cent.

Global Market:

Asian shares slumped on Wednesday after Wall Street was knocked hard in the wake of a delay to a U.S. healthcare reform vote, while the euro rallied after European Central Bank President Mario Draghi hinted that the ECB could trim its stimulus this year.

In the overnight trade, Wall Street ended lower after the vote on a bill to replace Obamacare in the US was delayed by Senate Republicans, which dragged down healthcare and technology stocks.

U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another financial crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash.

Major Headlines of the day:

Sun Pharma to develop chikungunya, zika drugs.

RIL seeks shareholders' nod to cap non-promoter holding at 5%.

Apollo Hospitals launches air ambulance service network.

Trend in FII flows: The FIIs were net buyers of Rs 292.11 the cash segment on Tuesday while the DIIs were net sellers of Rs -148.54 as per the provisional figures.

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

1.DLF

2.FORTIS

3.GMRINFRA

4.IBREALEST

5.IFCI

6.INDIACEM

7.INFIBEAM

8.JPASSOCIAT

9.ORIENTBANK

10.RCOM

11.RELCAPITAL

12.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/

Markets may see flat start; SGX Nifty up 5 pts @9667

Indian Indices:

Indian shares are likely to witness flat trade in morning deals as the global markets look subdued with SGX Nifty trading 5 points higher @9667

Indian equities are likely to open flat with negative bias on Thursday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and mixed trend from global markets.

Back home, muted trend in the SGX Nifty Index Futures for June delivery, which were trading at 9,666.00, up by 04.00 points or 0.04 per cent, at 10:54 AM Singapore time, also signaled a flat opening for local bourses.On Wednesday, the Indian equities ended in negative terrain for the second straight session, tracking weak cues from Asian peers and slump in crude oil prices, as investors remained wary ahead of the release of minutes of a policy meet held by the Reserve Bank earlier this month.

On the economy front, RBI policy minutes showed that five of the six members had voted in favour of status quo on rates, citing risks to inflation.

RBI's Monetary Policy Committee (MPC), which met on June 6-7, revealed that it was for the first time that the decision of the MPC, constituted last September, was not unanimous as Ravindra Dholakia had pitched for a 50 basis point cut in the repo rate, saying several noteworthy developments recently on prices and output fronts warrant a decisive policy action.

Global Market:

Asian markets were trading mixed, with Hang Seng and Shanghai were up, while Nikkei was marginally down, as rebound in crude prices ease investor sentiment which slipped to 10-month low in overnight trade which dragged US and European markets.

U.S. financial regulators could ease rules that keep taxpayer-backed banks out of some risky investments, according to testimony released on Wednesday ahead of a Senate hearing.

In the overnight trade, Wall Street ended mostly lower, dragged by decline in bank and energy stocks, as investors weighed persistent slump in oil prices.

Major Headlines of the day:

Tata Trent raises Rs 100 crore to refinance upcoming repayments.

USFDA audit finds no flaws in Cadila Healthcare Moraiya unit.

GTPL Hathway IPO subscribed 27% on Day 1.

CDSL's Rs 524-cr IPO a massive hit; gets oversubscribed 169 times.

SBI ETF pips HDFC Equity to become country's largest equity scheme.

Trend in FII flows: The FIIs were net buyers of Rs -152.82 the cash segment on Wednesday while the DIIs were net sellers of Rs -41.39 as per the provisional figures.

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

1.ALBK

2.BANKINDIA

3.BEML

4.HDIL

5.IBREALEST

7.IFCI

9.INFIBEAM

10.JPASSOCIAT

11.KSCL

12.ORIENTBANK

13.RCOM

14.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/

Gapdown start seen with SGX Nifty bleeding red

Indian Indices:

Indian shares are likely to witness a bearish trade in morning deals as the global markets look subduded with SGX Nifty trading 37 points lower @9636.50

Indian equities are likely to open lower on Wednesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and negative trend from global markets.

Bearish trend in the SGX Nifty Index Futures for June delivery, which were trading at 9,645.00, down by 28.50 points or 0.30 per cent, at 10:54 AM Singapore time, also signaled a negative opening for local bourses. In absence of any major development on the global front, market may take cues from progress of monsoons and the country's preparedness for GST as government is all set to roll out GST with effective from mid night of June 30, 2017

The 30-share barometer SENSEX closed at 31297.53, down by 14.04 points or by 0.04 per cent, and the NSE Nifty ended at 9653.5, down by 4.05 points or by 0.04 per cent. Tata Group companies hogged the limelight with Tata Motors, Tata Steel, Nelco, Tata Power Company, Titan Company and Tata Sponge Iron rallied between 2 per cent to 20 per cent on slew of developments.

Global Market:

Asian markets retreated on Wednesday as crude oil slips on supply glut concerns, while investors also weighed inclusion of China A-shares in the MSCI Emerging Markets Index.

A renewed slump in oil prices to seven-month lows put Asian investors on edge on Wednesday, overshadowing a decision by U.S. index provider MSCI to add mainland Chinese stocks to one of its popular benchmarks.

In the overnight trade, Wall Street ended lower in volatile trade as energy linked stocks fell on renewed slump in oil prices.

Major Headlines of the day:

L&T bags 50Mw solar project from NHPC.

Ashok Leyland bets on fully built trucks to boost top line.

Piramal Enterprises to raise up to Rs 125 cr via non-convertible debentures.

Trend in FII flows: The FIIs were net buyers of Rs -312.84 the cash segment on Tuesday while the DIIs were net sellers of Rs 477.13 as per the provisional figures.

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

1.ALBK

2.BANKINDIA

3.BEML

4.DLF

5.HDIL

6.IBREALEST

7.IFCI

8.INFIBEAM

9.JPASSOCIAT

10KSCL

11.ORIENTBANK

12.RCOM

13.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/

Sensex, Nifty extend gains in opening; Tata Motors, Infosys gainers;

Indian Indices:

Equity benchmarks extended gains in opening despite mixed Asian cues on Tuesday. The Indian rupee opened marginally lower at 64.48 per dollar against previous close of 64.43.Sensex, Nifty extend gains in opening; Tata Motors, Infosys gainers. The BSE Sensex opened higher by 81 points at 31392, while the Nifty50 opened higher by 13 points at the 9670 mark.Nifty50 index now has immediate resistance placed around the level of 9,685, and if it holds above this level, it may extend its upmove up to the levels of 9,710-9,750. On the downside, supports are seen at 9,620 and 9,580.

ICICI Bank was the top Nifty gainer while Lupin was the top Nifty loser on the opening bell on Tuesday. ICICI Bank was trading higher by 2.01% at Rs 295 per share and Lupin was trading lower by 0.9% at Rs 1121 per share. Tata Power, Tata Motors, Infosys, Tata Motors DVR, ICICI Bank, L&T and Bharti Infratel were strong in early trade whereas TCS, Axis Bank, Kotak Mahindra Bank, Lupin, Bajaj Auto and SBI were losers.

There were 872 advances, 543 declines and 484 unchanged stocks on NSE reflecting fairly positive bias floating in the market. The 30-share BSE Sensex was up 34.09 points at 31,345.66 and the 50-share NSE Nifty rose 9.10 points to 9,666.65 amid consolidation. Equity benchmarks extended gains in opening despite mixed Asian cues on Tuesday.

Global Market:

Asian indexes trekked higher in early Tuesday trade as the dollar strengthened following comments from Federal Reserve officials over future interest rate hikes stateside.

US stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favour again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials.

Major Headlines of the day:

SpiceJet-Signs MOU with Boeing for 40 737 MAX airplanes, valued at USD 4.7 billion,737 Max will be the most profitable single aisle plane.

Fortis Healthcare-SES opposes Fortis's proposal to raise FII limit, IHH set to close deal for Fortis, SRL Fortis stake sale case.

Vedanta-Depositing Cairn Energy's Rs 670 crore with tax department. Rs 670 crore of divided due to Cairn Energy was with company.

Trend in FII flows: The FIIs were net buyers of Rs -250.39 the cash segment on Monday while the DIIs were net sellers of Rs 529 as per the provisional figures.

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

1.ALBK

2.BANKINDIA

3.BEML

4.DLF

5.HDIL

6.IBREALEST

7.INFIBEAM

8.JPASSOCIAT

9.KSCL

10.ORIENTBANK

11.RCOM

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

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

Sensex rebounds 150 pts, Nifty opens above 9600; Tata Steel up 2%;

Indian Indices:

Equity benchmarks started off the week on a positive note after seeing consolidation in previous two weeks, backed by positive Asian cues. The market breadth was strong as about three shares advanced for every share falling on the BSE. The BSE Sensex opened at 31,168 up by 112 points, while the Nifty50 opened up by 38 points at 9,626 mark. Nifty50 index has immediate support placed around the level of 9,550 and if it holds below this level, further corrections up to the level of 9,520 is likely. On the upside, Nifty50 may face resistance around the levels of 9,640-9,650 and if it holds above 9,640-9,650, it may extend its upmove up to the level of 9,700.

Jayant Agro, Indian Hotels, Hume Pipe, Ujjivan Financial and Cadila Healthcare gained 2-4 percent while Amtek Auto, Videocon Industries and Lanco Infratech fell 4-6 percent. Dredging Corporation surged 4 percent on stake sale buzz while Hathway Cable gained 7 percent ahead of its subsidiary IPO launch. Bajaj Auto is the top Nifty gainer and Infosys is the top Nifty loser in the morning hours. Bajaj Auto is trading at Rs 2862.15 per share up by 1.86% whereas Infosys is trading at Rs 934.30 per share, down by 0.63%.

The 30-share BSE Sensex was up 126.50 points at 31,182.90 and the 50-share NSE Nifty rose 33.70 points to 9,621.75 while the broader markets gained half a percent. There are 973 advances, 392 declines and 446 unchanged stocks on NSE reflecting some positive bias floating in the market.

Global Market:

Asian markets mixed: Stock markets in the rest of Asia traded mixed this morning, as investors geared up for the Brexit negotiations between the UK and the European Union, and reports of fresh terror attacks in London and Mali.

The US stocks closed mixed on Friday. The Dow closed at record levels while the Nasdaq closed lower. The Dow Jones Industrial Average finished up 24 points at a record 21,384. The Nasdaq Composite Index closed down 14 points at 6,152. The S&P 500 index finished at 2,433

Major Headlines of the day:

Dr Reddy's Labs' Form 483 issued with one observation by US FDA at Srikakulam plant (SEZ) unit I

Asian Paints-Enters share purchase agreement with Ansa Coatings International, Agreement to divest entire stake in Lewis Berger (overseas holdings)

Bharat Financial assigns pool of receivables of an aggregate value of Rs 539.67 crore to one of the largest public sector banks on a direct assignment basis

Trend in FII flows:The FIIs were net buyers of Rs -764.48 the cash segment on Friday while the DIIs were net sellers of Rs 890.91 as per the provisional figures.

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

1.ALBK

2.BANKINDIA

3.BEML

4.DLF

5.INFIBEAM

6.JPASSOCIAT

7.KSCL

8.ORIENTBANK

9.RCOM

10.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/