Bullish start likely ahead of RBI policy; SGX Nifty up 26 pts;

Indian Indices:

Indian shares are likely to witness a strong opening on Tuesday morning as the global markets look supportive with SGX Nifty trading 26 points higher @10132.Indian equities are likely to continue bullish momentum on Tuesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trading across Asian markets.

Back home, firm trend in the SGX Nifty Index Futures for August delivery, which were trading at 10,127.00, up by 21.00 points or 0.21 per cent, at 10:44 AM Singapore time, also signaled a positive opening for local bourses.

Investors are expected to keep an eye on domestic fiscal deficit for June, numbers on infrastructure output and RBI policy review which could have implications on the market.

According to market experts, RBI's monetary policy review, macroeconomic data like manufacturing PMI and services PMI data, and corporate earnings would set the tone for stock market trend this week. According to rating agencies like ICRA and HSBC, RBI would reduce the repo rate by 25 basis points (bps) in the upcoming policy review scheduled on August 02, 2017.On the sectoral front, auto stocks will remain in focus as automobile companies will unveil sales number for July, first time after GST implementation.

Investors will keep an eye on earnings report of big companies such as JSW Steel, Marico, Power Grid, Piramal Enterprises and Torrent Power, will announce their June quarter results today. On Monday, the Indian equities ended higher on Monday, helped by strong buying across consumer durables, capital goods and metal stocks, undermining weak cues from Asian peers.

The 30-share barometer SENSEX closed at 32514.94, up by 205.06 points or by 0.63 per cent, and the NSE Nifty ended at 10077.1, up by 62.6 points or by 0.63 points. SBI shares jumped over 4 per cent after the country’s largest lender lowered interest rate on savings bank accounts to 3.5 per cent from 4 per cent on balance of Rs 1 crore and below.

Global Market:

Asian stocks were trading higher as investors cheered strong corporate earnings and also better-than-expected China Caixin manufacturing PMI released earlier today.

The U.S. government slapped sanctions on Venezuelan President Nicolas Maduro on Monday, the Trump's administration's toughest move so far against his government in response to Sunday's election of a legislative superbody Washington denounced as a 'sham' vote.

In the overnight trade, Wall Street ended mixed in volatile trade, pulled down by teck stocks, ahead of power pack earnings result lined-up this week, while investors also weighed ongoing global political uncertainty.

Major Headlines of the day:

Max India pulls out of Max Life-HDFC Life deal.

IRB InvIT distributed Rs 90 cr cashflow to unit holders.

SBI cuts savings rate; m-cap up Rs 11,525 cr.

Trend in FII flows: The FIIs were net buyers of Rs -1196.94 the cash segment on Monday while the DIIs were net sellers of Rs 1768.43 as per the provisional figures.

Upcoming Result :JSWSTEEL, MARICO, OPTO CIRCUIT, POWERGRID, TORRENTPOWER, TCIXPS

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

1.IBREALEST

2.INFIBEAM

3.JSWENERGY

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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Monday Blues on Dalal Street; SGX Nifty up 2.50 pts;

Indian Indices:

Indian shares are likely to witness a flattish start on Monday morning as the global markets look muted with SGX Nifty trading 2.50 points higher @10037.50.Benchmark indices are likely to open flat following the global peers following mixed ending for Wall Street on Friday amid geopolitical tensions in the Korean peninsula and rising oil prices. The Street might get a boost on rate cut optimism ahead of the Monetary policy meet, which will start tomorrow.

Markets will also keep an eye at corporate earnings for the day. 92 companies on the BSE will declare their Q1 results later today including Balrampur Chini, Bharat Electronics, Interglobe Aviation, Jaypee Infratech, Jaiprakash Ventures, Reliance Power and Siemens among others.

Equity benchmarks started off the week on a positive note, with the Nifty holding 10,000-mark. Investors awaited the decision of two-day monetary policy committee meeting that will begin on Tuesday .L&T was top gainer among Sensex stocks, up 2.2 percent followed by Lupin, ICICI Bank, Vedanta, Kotak Mahindra Bank with moderate gains. HDFC rebounded after initial fall. Sarda Energy, Coromandel, Capital First and Cholamandalam Finance gained up to 5 percent. Central Bank of India, Dena Bank, Equitas Holdings, Oberoi Realty and Kitex Garments fell up to 5 percent.

The 30-share BSE Sensex was up 45.59 points at 32,355.47 and the 50-share NSE Nifty rose 10.05 points to 10,024.55. About two shares advanced for every share falling on the BSE.

Global Market:

Asian shares dipped on Monday following a lackluster end to last week globally on some earnings disappointments, while the dollar edged up but remained capped by US political uncertainty.

Investors stuck to perceived havens such as the Japanese yen and gold after North Korea conducted another missile test late on Friday that it said proved its ability to strike the US mainland.

The dollar struggled on Monday, wallowing near a 2-1/2-year low against the euro, weighed down by U.S. political uncertainty and uninspiring U.S. data that added to doubts about whether there will be another Federal Reserve rate hike this year.

Major Headlines of the day:

Marico-South Africa Unit acquires business of ISOPLUS, a hair styling brand for Rs 36 crore, Acquisition includes intellectual property rights of ISOPLUS

Reliance Capital-Sunil Singhania, Current CIO - Equities at company, elevated to the position of Global Head Of Equities, Manish Gunwani to join Reliance MF as chief investment officer-equity

Lupin says-Pithampur unit inspection concluded by US FDA without any observations, Pithampur unit inspection started on July 24 & concluded on July 28.

Trend in FII flows: The FIIs were net buyers of Rs -223.12 the cash segment on Friday while the DIIs were net sellers of Rs 424.67 as per the provisional figures.

Upcoming Result : BALRAMPURCHINI, CONCOR, GODREJCP, SIEMENS, SHREECEM, INDIGO, SRTRANSFIN, UPL, VGUARD

Securities in Ban For Trade Date 31-JUl-2017:

1.IBREALEST

2.JSWENERGY

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/

Gap down start likely; SGX Nifty down 74 pts;

Gap down start likely; SGX Nifty down 74 pts;

Indian Indices:

Indian shares are likely to witness a bearish start on Friday morning as the global markets look weak with SGX Nifty trading 74 points lower @9998.50.The markets are likely to witness a gap-down opening in Friday's trade taking lead from Asian markets which sagged after US tech shares retreated from recent rallies, pulling back Wall Street slightly lower.

Back home, investors will also react to June quarter results of companies like Idea Cellular, ONGC, ITC and ICICI Bank, which reported their numbers on Thursday post market hours. Nifty50 has support placed in the region of 9,920-9,930, and if this support is breached, the next support is seen at levels of 9,880 and 9,840. On the way up, the level of 10,100-10,120 will act as a key resistance zone for the Nifty50.Nifty50 has support placed in the region of 9,920-9,930, and if this support is breached, the next support is seen at levels of 9,880 and 9,840. On the way up, the level of 10,100-10,120 will act as a key resistance zone for the Nifty50.

Bank Nifty has opened at 24744 level, down by 178 points. ITC was the top Sensex gainer trading at Rs 293 per share, up by 1.52% whereas Dr Reddy’s was the top Sensex loser trading at Rs 2505 per share, down by 4.44%.

On the broader markets, BSE Mid-cap index was trading at 15221 level, down by 0.23% and BSE Small-cap index was trading at 15980 level, up by 0.22%. S&P BSE Sensex opened marginally lower by 2 points at 32381, while the Nifty50 opened lower by 23 points at 9996 mark.

Global Market:

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8% but was still on track for a 0.4% weekly gain, with Samsung Electric, Asia's largest company by market capitalization, dropping 3.5%. The US stocks ended on a mixed note on Thursday, with the Nasdaq and S&P 500 pulling back into negative territory, while the Dow Jones Industrial Average ending at a record close. The Dow ended at 21,797, higher by 86 points. The Nasdaq Composite Index closed, down by 41 points at 6,382. The S&P 500 edged down 2 points to 2,475.

Japan's Nikkei shed 0.4%, China's Shanghai Composite and Hong Kong's Hang Seng indices were down 0.1% and 0.5%, respectively. A swoon in technology and transportation shares led the S&P 500 slightly lower on Thursday on a day full of corporate earnings reports, but the Dow industrials set a record closing high, helped by a jump in Verizon

Asian stocks are trading in a negative terrain in early trade on Thursday. Japan’s Nikkei 225 has slipped 98 points. Hong Kong's Hang Seng has shed 113 points and China’s Shanghai Composite has lost 7 points.

Major Headlines of the day:

ICICI Bank Q1 net rises 25% QoQ to Rs2,605 cr.

Biocon Q1 profit drops 51% to Rs81 crore.

Crude oil rises on falling US crude supplies.

Trend in FII flows: The FIIs were net buyers of Rs 1869.92 the cash segment on Thursday while the DIIs were net sellers of Rs -660.03 as per the provisional figures.

Upcoming Result : ALEMBIC,  EQUITAS, L&T, LICHSGFIN,  NDTV,  SHAKTIPUMP,  OBEROIREALITY.

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

1. IBREALEST

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 start likely; SGX Nifty up 6 pts

Indian Indices:

Indian shares are likely to witness a flat to positive start on Wednesday morning as the global markets look mixed with SGX Nifty trading 6 points higher @9979.The benchmark indices are expected to open flat ahead of the derivatives expiry of the July series due tomorrow, while investors will also react to the weak quarterly earnings of the heavyweight Bharti Airtel. Cautious sentiment ahead of the US Federal Resrve's policy outcome will also set the market direction.

The Fed concludes a two-day meeting later on Wednesday, and is widely expected to keep interest rates unchanged.

With a rate hike not in the picture this time, the focus will be on the Fed's statement, with markets looking for signs of when the US central bank will begin paring its massive bond holdings and next raise rates.

Global Market:

Asian stocks steadied on Wednesday and the dollar held firm as investors awaited the Federal Reserve's policy decision later in the day for more clues on its tightening plans.

AT&T Inc's quarterly profit topped Wall Street estimates on Tuesday as the No. 2 U.S. wireless carrier lowered operating costs and introduced new promotions bundling video with phone service that helped it compete in a fierce market for customers

U.S. President Donald Trump named on Tuesday two possible candidates to run the Federal Reserve over the next few years: current Fed Chair Janet Yellen and Trump's economic adviser Gary Cohn, according to an interview with The Wall Street Journal.

Major Headlines of the day:

Mahindra Lifespaces Q1 net dips to Rs 14 cr on regulatory changes.

ICICI Prudential Life Q1 net profit flat at Rs 406 cr.

GlaxoSmithKline Q1 net down 63% at Rs 26 cr on GST transition.

Trend in FII flows: The FIIs were net buyers of Rs 270.77 the cash segment on Tuesday while the DIIs were net sellers of Rs -209.50 as per the provisional figures.

Upcoming Result : YESBANK, PVR, NESTLE, HDFC, INOX LEISURE, HDFC, BHAARTFIN, FEDERALBANK, L&TFH.

Securities in Ban For Trade Date 26-JUl-2017:

1.FORTIS

2.GMRINFRA

3.HDIL

4.IBREALEST

5.IFCI

6.INFIBEAM

7.IRB

8.JSWENERGY

9.JUSTDIAL

10.KSCL

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: INA000001647Visit Here- http://www.capitalstars.com/

Bullish start likely; SGX Nifty up 12 pts;

Indian Indices:

Indian shares are likely to witness a positive start on Monday morning as the global markets look supportive with SGX Nifty trading 12 points higher @9975 Nifty hits historic high of 10,000 in opening; Sensex at new high. Equity benchmarks started off Tuesday at fresh record high, with the Nifty hitting historic high of 10,000-mark.

The index is likely to clock the 10000-mark, with even the pre-opening rates settling in above the key milestone. The 50-share NSE Nifty settled at 10,010.55, up 44.15 points in pre-opening while the 30-share BSE Sensex rose 105.01 points to 32,350.88.The BSE Sensex opened higher by 104 points at 32350, while the Nifty50 opened higher by 44 points at 10010 mark. HDFC twins and Reliance are contributing the most to index gains.

Bharti Infratel was top Nifty gainer trading at Rs 418.4 per share, up by 2.32% while Zee Entertainment was top Nifty loser trading at Rs 543.7 per share, down by 1.5%. There were 953 advances, 459 declines and 488 unchanged stocks on NSE reflecting strong positive sentiments floating in the market.

The 30-share BSE Sensex was up 101.98 points at 32,347.85 and the 50-share NSE Nifty rose 31.80 points to 9,998.20. BSE Mid-cap index was trading at 15270 level, up by 0.29% while BSE Small-cap index was trading at 16082 level, up by 0.29%.

Global Market:

The US markets ended mixed on Monday but Nasdaq hit a record high ahead of a big week of technology earnings reports. The S&P 500 and the Dow industrials lagged behind as losses in healthcare heavyweight Johnson & Johnson took a toll, said a Reuters report

Asian markets are trading subdued in early trade on Tuesday. Hong Kong's Hang Seng has advanced 25 points. China’s Shanghai Composite has dipped 1 point and Japan’s Nikkei 225 has edged down 13 points.

Major Headlines of the day:

Hindustan Copper signs MoU with Mishra Dhatu Nigam limited, a CPSE for joint collaboration in production of Copper-Nickel tubes and related items

Infosys' USD 2 billion buyback tied in regulatory knots: BS

Vodafone-Idea merger deal gets CCI nod; to fuel more investments:

Trend in FII flows: The FIIs were net buyers of Rs -366.84 the cash segment on Monday while the DIIs were net sellers of Rs 668.87 as per the provisional figures.

Upcoming Result : ASIAN PAINT, AXIS BANK, BHARTI, PIDILITEIND, RAYMOND, VEDL, ICICIPRU, KPRMILLS, HEROMOTO.

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

1.DLF

2.FORTIS

3.GMRINFRA

4.HDIL

5.IBREALEST

6.INFIBEAM

7.IRB

8.JPASSOCIAT

9.JSWENERGY

10.JUSTDIAL

11.KSCL

12.ORIENTBANK

13.TV18BRDCST

14.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/

Positive Monday morning on D-Street; SGX Nifty up 16 pts:

Indian Indices:

Indian shares are likely to witness a positive start on Monday morning as the global markets look supportive with SGX Nifty trading 16 points higher @9928
Indian equities are likely to open on flat note with positive bias on Monday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and weak trading across Asian markets.

Back home, bullish trend in the SGX Nifty Index Futures for July delivery, which were trading at 9,924.50, up by 12.00 points or 0.12 per cent, at 10:46 AM Singapore time, also signaled a positive opening for local bourses.

On the corporate front, Avenue Supermarts, owner of the DMart retail chain, will remain in focus after the company reported a 47.60 per cent year-on-year (YoY) growth in net profit at Rs 174.77 crore for the June quarter, compared to Rs 118.44 crore profit in the year ago period.
On the earnings front, Ambuja Cements, HDFC Bank, HUDCO, India bulls Realty, Texmaco Rail and Zee Entertainment, will announce their June quarter results today.

On Friday, the Indian equities ended higher in choppy trade, tracking firm cues from Asian peers, led by gains in frontline bluechip such as Wipro, Reliance Industries, Coal India, Tata Consultancy Services, Kotak Mahindra Bank and Infosys. Wipro surged over 6 per cent after IT major reported better-than-expected earnings and announced to buyback equity shares worth Rs 11,000 crore. Mukesh Ambani-led RIL ended nearly 4 per cent higher after the company reported net profit of Rs 9,108 crore for the June 2017 quarter, up 28 per cent from the corresponding period last year.

The 30-share barometer SENSEX closed at 32028.89, up by 124.49 points or by 0.39 per cent, and the NSE Nifty ended at 9915.25, up by 41.95 points or by 0.42 per cent.

Global Market:

Asian stocks were trading mostly lower after Wall Street ended marginally lower on Friday weighed down by disappointing corporate earnings, while fall in oil prices dragged energy companies. The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers will meet today in St Petersburg, Russian to discuss on crude oil production cuts, which was agreed upon earlier this year.

Prospects for tighter monetary policy in Europe and other countries could pose a fresh problem for the Federal Reserve when it meets next week to ponder its plan to reduce its $4.2 trillion bond portfolio purchased after the 2008 financial crisis.

In September 2015, the U.S. Federal Reserve cited risks from China as a key reason for delaying its first interest rate hike in a decade. A wall of Chinese debt maturing in the next few years could jolt the country back into the U.S. central bank's policy deliberations.

Major Headlines of the day:
Pricol agrees to buy car wiper business of PMP Auto Components.
Morgan Stanley increases stake in Redington for Rs 107 cr.
GVK completes residual stake sale in Bangalore Airport to Fairfax India.

Trend in FII flows: The FIIs were net buyers of Rs 12.90 the cash segment on Friday while the DIIs were net sellers of Rs 147.66 as per the provisional figures.

Upcoming Result : J&K BANK,VIJAYA BANK,UNITED SPIRIT, AMBUJACEM, BHARTI, INFRATEL, DELTACORP, GICHSG, HDFCBANK, IBULHSGFIN, IBREALEST, M&MFIN, ZEEL, IRBINFRA

Securities in Ban For Trade Date 24-JUl-2017:
1.DLF
2.FORTIS
3.GMRINFRA
4.HDIL
5.IBREALEST
6.INFIBEAM
7.JPASSOCIAT
8.JSWENERGY
9.KSCL
10.ORIENTBANK
11.SINTEX
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 likely to touch 10K if holds above 9928;

Indian Indices:

Nifty nears 9900; Sensex opens above 32K.the BSE Sensex opened higher by 131 points at 32035, while the Nifty50 opened higher by 26 points at 9899 mark.

Nifty50 has immediate support placed around the level of 9,840 and the next support is likely to come in around the level of 9,780. On the upside, the level of 9,900 is likely to act as a resistance level and the all-time high level of 9,928 may act as the next resistance level.

Sensex, Nifty rebound in opening; RIL, Balaji Tele, JP Associates gain. Equity benchmarks rebounded with moderate gains in opening on Friday, backed by Reliance Industries (up 1.8 percent) and Wipro (up 5 percent) after solid earnings performance. Nifty Midcap was up 0.3 percent as about two shares advanced for every share falling on the BSE. Sintex Industries, Idea Cellular, GMR Infrastructure, RBL Bank, Ashok Leyland, Godfrey Phillips, InterGlobe Aviation and Jet Airways fell up to 4 percent.

 BSE Mid-cap index was trading at 15191 level, up by 0.08% while BSE Small-cap index was trading at 16042 level, up by 0.27%. Wipro is top gainer in Sensex and is trading at Rs 282 per share up by 4.9% while Lupin was top Sensex loser trading at Rs 1142 per share, down by 2.14%.

There were 904 advances, 460 declines and 456 unchanged stocks on NSE reflecting fairly positive sentiments in the market. The 30-share BSE Sensex was up 51.64 points at 31,956.04 and the 50-share NSE Nifty gained 11.80 points at 9,885.10.

Global Market:

Wall Street flat as home improvement retailers get Amazoned. The Dow Jones Industrial Average fell 28.97 points, or 0.13 percent, to close at 21,611.78, the S&P 500 lost 0.38 point, or 0.02 percent, to 2,473.45 and the Nasdaq Composite added 4.96 points, or 0.08 percent, to 6,390.

The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said tapering of its stimulus will be on the table this autumn, while a solid global economic outlook kept Asian share prices near decade highs.

In early Asian trade, the euro stood at USD 1.1630, maintaining its 1 percent gain on Thursday, its biggest since June 27, when Draghi first sparked expectations that the ECB will dial back its bond buying scheme.

Major Headlines of the day:

Aurobindo Pharma gets tentative US FDA nod for Esomeprazole (used to treat acid reflux, ulcers)

PEL goes ex-dividend today, dividend of Rs 21 crore.

GST cost stops Britannia, Tata Tea Kerala supplies

Trend in FII flows: The FIIs were net buyers of Rs 154.91 the cash segment on Thursday while the DIIs were net sellers of Rs 0.08as per the provisional figures.

Upcoming Result : ASHOKLEY, DHFL, INDIANB, MRPL, TATASPONGE, TINPLATE, ATUL, PERSISTENT.

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

1.DLF

2.FORTIS

3.GMRINFRA

4.IBREALEST

5.INFIBEAM

6.JPASSOCIAT

7.JSWENERGY

8.KSCL

9.ORIENTBANK

10.SINTEX

11.TV18BRDCST

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/