Markets may remain volatile due to Aug series F&O expiry;

Indian Indices:

Indian equity markets are likely to start trading on cautious note on Thursday, tracking mixed cues from Asian peers. In the later part of the trading session, markets are expected to witness volatility due to August series F&O expiry. The SGX Nifty, which was trading at 9,869 with a loss of 12 points, is indicating a cautious start for the day.

Now, going forward, on the way up, the index has multiple resistances in the zone of 9,920-9,940, and if it manages to sustain above this resistance area, then it may scale up to the level of 10,000. On the downside, the level of 9,850 is a key support area and the next support is seen around the 9,800 level.

Back home, Indian markets closed higher on Wednesday, with BSE Sensex and Nifty surging about 1%, recovering most of the previous session’s losses as geopolitical tensions eased. The buying in index pivotals such as HDFC twins and Reliance Industries helped the benchmarks recoup their losses.

Global Market:

The US stock market indices ended higher on Wednesday, following the release of some upbeat US economic data, including a report showing a jump in private sector employment. The Dow Jones Industrial Average ended at 21,892 with gains of 27 points. The S&P 500 index jumped 11 points to close at 2,458. The tech-heavy Nasdaq Composite Index climbed 66 points to settle at 6,368. The Nasdaq Composite Index outperformed other benchmarks, courtesy sharp rise in biotechnology shares.

Asian indices were trading mixed in early trade on Thursday. Japan’s Nikkei 225 has surged 138 points, while Hong Kong's Hang Seng has shed 132 points and China’s Shanghai Composite has slipped 4 points.

Major Headlines of the day:

Biocon :US FDA target action date for Trastuzumab reset to December 3, US FDA informed Mylan that it will extend target action date for Trastuzumab.

Reliance Industries: fixed record date for bonus equity shares as September 9.

Fortis Healthcare: sells its stake in Fortis Medicare International Limited to Fortis Global Healthcare.

Ajanta Pharma: gets US FDA nod for Migraine drug, Eletriptan hydro bromide tablet.

Trend in FII flows: The FIIs were net buyers of Rs -12.46 the cash segment on Wednesday while the DIIs were net sellers of Rs 290.78 as per the provisional figures.

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

1.ADANIENT

2.BEML

3.DLF

4.GMRINFRA

5.HDIL

6.IBREALEST

7.INDIACEM

8.JPASSOCIAT

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 opened at 9,859 level, down by 63 points while Sensex opened at 31,534 level, up by 146 points

Indian Indices:

Nifty opened at 9,859 level, down by 63 points while Sensex opened at 31,534 level, up by 146 points. Aurobindo Pharma was top Nifty gainer trading at Rs 747.8 per share, up by 2.29% while NTPC was top Nifty loser trading at Rs 167.3 per share, down by 0.65%. There were 1,135 advances, 294 declines and 486 unchanged stocks on NSE reflecting positive undertone floating in the market.

On the broader markets, BSE Mid-cap index was trading at 15,306 level, up by 0.19% while BSE Small-cap index was trading at 15,707 level, up by 0.33%.

Nifty 50 has major support placed around the levels of 9,740-9,750, and if Nifty sustains below these levels, fresh selling pressure could drag index up to the level of 9,685. On the way up, the level of 9,850-9,860 may act as a stiff resistance level.

Global Market:

The Dow Jones Industrial Average marked its one of the biggest single-day comebacks of the year. The Dow Jones Industrial Average ended 57 points higher at 21,865. The Nasdaq Composite Index surged 19 points to close at 6,302. The S&P 500 edged up 2 points to finish at 2,446.

Asian stock indices were trading on positive territory at the open on Wednesday. Hong Kong's Hang Seng has surged 172 points; Japan’s Nikkei 225 has advanced 99 points and China’s Shanghai Composite has gained 7 points

Major Headlines of the day:

Amtek Auto: Corporate insolvency resolution process has issued advertising seeking EOI (expression of interest) for Amtek Auto

Kesar Terminal : has started dispatching first lot of export cargo through 45 container of 40 FEU each, from the Powarkheda (PRKD) station

Coal India: yet to get a new chairman, current Chairman retires this week: ET-USFDA issues warning letter to Hetero Labs

Trend in FII flows: The FIIs were net buyers of Rs -1459.64 the cash segment on Tuesday while the DIIs were net sellers of Rs 1391.33 as per the provisional figures.

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

1.BEML

2.DLF

3.GMRINFRA

4.HDIL

5.IBREALEST

6.INDIACEM

7.JSWENERGY

8.JUSTDIAL

9.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

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

Markets likely to open lower;

Indian Indices:

Indian equity markets may open in negative terrain on Tuesday following weak cues prevailing in the Asian peers and after reports of North Korea fired a ballistic missile that flew over Japanese airspace. The SGX Nifty, which was trading at 9,863 down by 50 points, indicate a weak start for the day.

Nifty50 index after registering up-move for the fourth session in a row, now needs to cross the major hurdle of 9,930-9,940 and if it does sustain above this resistance zone it may extend its up-move up to levels of 9,980-10,020. On the flip side, the region of 9,870-9,980 is an immediate support level and if this support is breached next support stands at 9,840.

Back home, after starting the fresh week on a firm note, Indian markets held firm throughout the session and ended in positive territory for the fourth straight session on Monday. BSE Sensex gained 155 points to close at 31,751 and Nifty surged 56 points to settle above 9,900 mark.

Global Market:

U.S. stocks spent the day oscillating in a narrow range and ended the session little changed on Monday, with the Dow industrial slipping in negative terrain and on the other hand, Nasdaq and the S&P 500 posting marginal gains as investor gauged the effect of Hurricane Harvey that has left parts of the Houston-area underwater. The Nasdaq Composite Index gained 17 points to finish at 6,383 and the S&P scaled up 1 point to finish at 2,444. While the Dow Jones Industrial Average slipped 5 points to close at 21,808.

Asian indices were under pressure in early trade on Tuesday after reports that North Korea fired a ballistic missile that flew over Japanese airspace. Japan’s Nikkei 225 has shed 143 points. Hong Kong’s Hang Seng has lost 122 points and China’s Shanghai Composite is trading flat.

Major Headlines of the day:

Infosys: The company has informed the bourses that some members of the promoters and promoter group may participate in the proposed buyback.

NTPC: Government has proposed to sell 41.22 crore shares or 5% stake in the company via offer for sale. The floor price is set at Rs 168 per share.

Century Plyboards: The company has acquired additional 2% in Huesoulin wood processing factory increasing its holding to 51%.

Magma Fincorp: The company has acquired 26% stake in Magma ITL Finance from International Tractors Limited.

Trend in FII flows: The FIIs were net buyers of Rs -124.74 the cash segment on Monday while the DIIs were net sellers of Rs 476.26 as per the provisional figures.

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

1.BEML

2.GMRINFRA

3.HDIL

4.IBREALEST

5.INDIACEM

6.JPASSOCIAT

7.JSWENERGY

8.JUSTDIAL

9.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

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

Nifty, Sensex open higher; Infy top Nifty gainer;

Indian Indices:

Nifty opened at 9,907 level, up by 50 points while Sensex opened at 160 level, up by 31,756 points. Infosys is top Nifty gainer trading at Rs 947.9 per share, up by 3.92%.Nifty opened at 9,907 level, up by 50 points while Sensex opened at 160 level, up by 31,756 points.

Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,930. On the way downside, the level of 9,830 is an immediate support level and the next support is seen around 9,770.

Equity benchmarks started off the week on a strong note, with the Nifty reclaiming 9,900 level, largely driven by Infosys. Nifty Midcap gained 0.4 percent as about four shares advanced for every share falling on the exchange.

Infosys surged 4 percent as CLSA upgraded the stock to buy from underperform and raised target price to Rs 1,070 from Rs 940 after co-founder Nandan Nilekani joined the company again as non-executive chairman. CEO choices & strategy should improve, the research house said.

Kotak Mahindra Bank, Eicher Motors, Reliance Industries, Hindalco Industries, Sun Pharma and ONGC were other gainers. Dr Reddy's Labs, Hero MotoCorp, Asian Paints and ITC were under pressure. DLF, Adani Enterprises, Adani Power, Future Enterprises, Suzlon Energy, Ansal Housing, Nestle India, Bajaj Finserv and Bajaj Finance rallied up to 6 percent whereas PC Jeweller, Titan Company, Strides, Wockhardt and Cadila Healthcare were under pressure.

The 30-share BSE Sensex was up 154.47 points at 31,750.53 and the 50-share NSE Nifty gained 40.15 points at 9,897.20. There were 922 advances, 409 declines and 492 unchanged stocks on NSE reflecting positive sentiments floating in the market.

Global Market:

The US stocks displayed lacklustre performance on Friday, with Dow and the S&P ending the session just above neutral line with positive bias, while the tech-heavy Nasdaq pulled back into the red terrain. The Dow Jones Industrial Average inched up 30 points to finish at 21,814. The S&P 500 gained 4 points to close at 2,443, while the Nasdaq Composite Index shed 6 points to finish at 6,266.

Majority of the Asian markets were trading in positive territory in early trade on Monday. Hong Kong’s Hang Seng has surged 186 points and China’s Shanghai Composite has gained 22 points, while Japan’s Nikkei 225 has slipped 28 points.

Major Headlines of the day:

Future Enterprises approves the OFS of shares of its subsidiary co, Future Supply Chain Solutions and participation of the company up to 5 percent of paid up capital of FSCSL.

Meghmani Organics has incorporated a wholly owned subsidiary namely, Meghmani Agrochemicals on August 23, 2017

Lumax Auto has signed a JV Agreement with Francisco Albero S.A.U., Spain to manufacture and supply Oxygen Censors to the Indian automotive industry

REC enters into MOU Maharashtra State Power Generation Co. for extending financial assistance to the tune of 13,000 crore

Trend in FII flows: The FIIs were net buyers of Rs -696.93 the cash segment on Wednesday while the DIIs were net sellers of Rs 1044.38 as per the provisional figures.

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

1.DLF

2.GMRINFRA

3.HDIL

4.IBREALEST

5.JPASSOCIAT

6.JSWENERGY

7.JUSTDIAL

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 open flat due to lack of major triggers;

Indian Indices:

Indian equity markets may open flat with positive bias on Thursday, tracking subdued cues from Asian peers. The SGX Nifty, which was trading with gains of 9 points at 9,864, is hinting a flat start for the day.

Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,950. On the downside, 9,800 is a strong support area, and if this support is breached, the next support stands at 9,750 level.

Back home, Wednesday turned out to be a wonderful day for the Indian markets as markets ended higher for the second straight session, helped by strong rally in the last hour of trading session.

Global Market:

The US stocks ended with marginal losses on Wednesday as traders reacted to comments by President Donald Trump at a rally in Phoenix, Arizona. The Dow Jones Industrial Average fell 88 points to finish at 21,812. The tech-heavy Nasdaq Composite Index shed 19 points to close at 6,278. The S&P 500 slid 8 points to end at 2,444.

Eurozone manufacturing PMI at two-month high. The Eurozone economy maintained growth momentum during August, according to PMI survey data, with output across the currency area rising at a broadly similar pace to July.

Major Headlines of the day:

SREI Infrastructure-Gets approval for Bharat Road Network IPO from registrar of companies,Bharat Road Network IPO from September 6-8.

Tata Sons-Appoints Banmali Agrawala as President of infra, defence, aerospace, Banmali Agrawala will be taking up his new role w.e.f October 1, 2017.

Alembic Pharma has sold its formulations manufacturing facility at Baddi on slump sale basis to Scott Edil Pharmacia.

United Bank of India approves issue and allotment of Basel III compliant tier 2 bonds up to Rs 500 crore.

Trend in FII flows: The FIIs were net buyers of Rs -1157.52 the cash segment on Wednesday while the DIIs were net sellers of Rs 929.84 as per the provisional figures.

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

1.DLF

2.GMRINFRA

3.HDIL

4.IBREALEST

5.JPASSOCIAT

6.JSWENERGY

7.JUSTDIAL

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 Opening; SGX Nifty up by 30 pts;

Indian Indices:

Indian markets are likely to extend gaining momentum for the second session on Wednesday, tracking positive cues from Nifty futures on the Singapore Stock Exchange and firm trend across global markets

On the sectoral front, telecom stocks will remain in focus as the inter-ministerial group on the telecom sector said that they will meet again to further discuss financial stress in the industry. On the corporate front, Fortis Healthcare will remain in focus after Rekha Jhunjhunwala, wife of investor Rakesh Jhunjhunwala, acquired 0.9 per cent stake in Fortis Healthcare at Rs 134.65 per share through a bulk deal on Tuesday.

Indian shares ended with marginal gains on Tuesday, as markets remained range-bound with investors keeping to the sidelines due to a lack of triggers. The S&P BSE Sensex and the CNX Nifty rose by 0.11%.

Global Market:

Asian indexes rose on Wednesday following the rally on Wall Street overnight as risk aversion faded and the dollar found some reprieve.

US stocks ended up on Tuesday, with each of the three major indexes posting their best one-day percentage gains in over a week, as lawmakers' comments on tax reform and the debt ceiling boosted investor optimism. Key data to watch in US today is Manufacturing PMI, Services PMI, New Home Sales data & consumer confidence.

European markets closed higher on Tuesday as investors awaited the annual central banking conference in Jackson Hole later this week.

Major Headlines of the day:

Infosys founder and ex-Chairman Narayana Murthy to hold conference call with investors.

RBI allows up to 49% FPI investment in Eris Lifesciences from existing 24%.

Indo Count Industries denies rejection of orders by customers.

DLF board meet on August 25 for review the status of the proposed sale of compulsorily convertible preference shares to GIC.

Trend in FII flows: The FIIs were net buyers of Rs -828.69 the cash segment on Tuesday while the DIIs were net sellers of Rs 435.05 as per the provisional figures.

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

1.DLF

2.FORTIS

3.GMRINFRA

4.HDIL

5.IBREALEST

6.JPASSOCIAT

7.JSWENERGY

8.JUSTDIAL

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 to open higher; SGX Nifty up 38 pts;

Indian Indices:

Indian equities are likely to open higher on Tuesday, tracking positive cues from Nifty futures on the Singapore Stock Exchange and firm trend across global markets. Indian markets may open positive on encouraging cues from global peers.Indian equity markets are poised to open on a positive territory on Tuesday, following positive sentiments prevailing in the Asian markets. The SGX Nifty, which was trading at 9,806 with gains of 33 points, is signifying positive start for the day.

Now, going forward, Nifty50 has major support around the level of 9,685 which is the recent swing low, and if this swing low is breached, than it may head towards the levels of 9,630-9,600. On the other hand, 9,800 and 9,850 will act as stiff resistance levels.

Back home, Indian market extended their losing streak on Monday on account of weakness in global markets and sharp decline in index heavyweight Infosys, which weighed on the sentiment on the domestic bourses. Sensex dropped 266 points to close at 31,259 and Nifty tumbled 83 points to settle at 9,754.

Global Market:

The US stock market indices closed mostly higher on Monday, with the Dow Industrial Average and S&P 500 eking out slight gains. The Dow Jones Industrial Average gained 29 points to 21,704 and the S&P 500 edged up 3 points to 2,428, while the tech-laden Nasdaq Composite Index edged down 3 points to 6,213.

Majority of Asian markets were trading on positive territory at the open on Tuesday. Hong Kong's Hang Seng has risen 260 points, Japan’s Nikkei 225 has advanced 2 points, while China’s Shanghai Composite has lost 11 points.

Major Headlines of the day:

Lupin; Receives establishment inspection report (EIR) from US FDA for Aurangabad, April 2017 inspection, US FDA inspection of Aurangabad Unit carried out in April 2017 is now closed, This closes all outstanding US FDA inspections at company's Aurangabad unit.

Central Bank Of India: Revises savings bank deposit rate effective August 21,Savings bank deposit rate for balance upto Rs 50 lakh set at 3.5 percent, Savings bank deposit rate for balance above Rs 50 lakh set at 4 percent

BSE Limited ;To 'compulsorily' delist 200 firms on August 23,BSE to bar promoters of the 200 firms from the markets for 10 years, Trading in these shares has remained suspended for over a decade

Trend in FII flows: The FIIs were net buyers of Rs -1983.39 the cash segment on Monday while the DIIs were net sellers of Rs 474.72 as per the provisional figures.

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

1.BEML

2.FORTIS

3.HDIL

4.IBREALEST

5.JPASSOCIAT

6.JSWENERGY

7.JUSTDIAL

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/