Markets to flash green; SGX Nifty up 17 pts;

Indian Indices:

The Indian benchmark indices are set to open higher on Friday amid mixed cues from the Asian peers. The Asian markets have opened on a mixed note after the greenback gave back some gains overnight as markets digested prospects for US tax reform, while Wall Street closed higher in the previous trading session.

SGX Nifty is trading @ 9812, +17.5 Points. Equity benchmarks snapped seven-day losing streak on Thursday, the expiry day for September futures and options contracts, driven by banking & financials and ITC. The NSE F&O segment clocked the highest ever turnover of Rs 15 lakh crore.

Global Market:

Dow closes higher, The small-cap Russell 2000 stock index hit a record Thursday, leading stock market gains after the release of the Republican tax reform framework.

Asian shares were mixed in Friday trade after the greenback gave back some gains overnight as markets digested prospects for U.S. tax reform.

Key data to watch in US today: PCE measure of inflation along with income & spending data.European stocks hit 10-week high led by Banks

Major Headlines of the day:

Petroleum and Natural Gas Regulatory Board (PNGRB) has put up a consultation document on unified pipeline tariff proposing a 60 percent hike in tariff by GAIL.

IOB sells Rs 1600cr exposure in Essar steel to Edelweiss ARC.

Accenture fourth quarter results came in ahead of consensus expectation at the upper end of the guidance.

Shanghai Rubber down further 5%, after 6% correction yesterday. Positive for Tyres Companies.

DLF-GIC deal for 40 percent stake in DLF rental arm enters final lap.

Trend in FII flows: The FIIs were net buyers of Rs -5328.46 the cash segment on Thursday while the DIIs were net sellers of Rs 5196.60 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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Flat opening on D-Street; SGX Nifty down by 13.5 pts;

Indian Indices:

The Indian benchmark indices are set to open flat on Thursday amid mixed cues from the Asian peers. SGX Nifty is trading 13.5 Points down at 9723 level. The markets are expected to react to the Fed Chair Janet Yellen statement that the Federal Reserve needs to continue gradual rate hikes despite broad uncertainty about the path of inflation.

On the corporate front, Air India shares may witness some movement after it has tied up with public sector lender Punjab National Bank and private lender IndusInd to secure loans to the tune of over Rs3,000 crore for meeting working capital requirements. The Markets are expected to remain volatile today ahead of the expiry of September derivative contracts due today. Benchmark indices fell over 1% on Wednesday, losing for seventh straight session after army conducted operation along India-Myanmar border. The BSE nsex");Sensex settled at a 3-month low while the broader Nifty50 index ended at 1.5 month low ahead of the September F&O expiry.

Global Market:

US stocks rose on Wednesday as gains in financial shares were powered by growing expectations for a December interest rate hike and on hopes President Donald Trump's administration may be making progress on a tax plan.

Asian shares buoyed after release of US tax reform plans.

European markets closed higher on Wednesday afternoon, amid some major corporate news and highly anticipated details on tax reform in the U.S. Key data to watch in US today is Jobless claim data.

Major Headlines of the day:

Andhra Bank to cut base rate by 15 basis points to 9.55%.

GE Power India won an order worth Rs328 cr from Doosan Power India.

IDBI Bank sells 9% stake in SIDBI. Power Grid begins commercial operations of Pole II of the Champa-Kurukshetra HVDC Terminal

Trend in FII flows: The FIIs were net buyers of Rs -856.28 the cash segment on Wednesday while the DIIs were net sellers of Rs 1858.29 as per the provisional figures.

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

1.DHFL

2.DLF

3.GMRINFRA

4.IBREALEST

5.JPASSOCIAT

6.JSWENERGY

7.RCOM

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 open lower; SGX Nifty down 13 pts;

Indian Indices:

Markets may open in the green on positive leads from Asian peers. The Indian equity markets are expected to open on a flat-to-positive note on Wednesday on the back of positive leads from the Asian peers. The Indian equity markets are expected to open on a flat-to-positive note on Wednesday on the back of positive leads from the Asian peers. The SGX Nifty was trading at 9,881, indicating that the Nifty may open with gains of 25 points at the opening bell.  

The Indian benchmark indices are set to open marginally higher on Wednesday amid mixed cues from the Asian peers. The Asian markets have opened on a mixed note as investors digested Federal Reserve Chair Janet Yellen's overnight speech and as North Korea tensions took a backseat. SGX Nifty is trading up by 40 Points at 9887Indian shares ended lower for their sixth straight session on Tuesday. Volatile day on D-Street as benchmark indices ended the session in the red after staging a sharp intraday recovery. The investors were cautious over continued tensions on the Korean Peninsula.

Global Market:

The US markets ended flat, comments from Fed Chair Janet Yellen boosted expectations of a December rate hike.

Asian shares mixed as North Korea tensions took a backseat.

Key data to watch in US today are Durable Goods Orders, New Home Sales and Consumer Confidence . Janet Yellen to speak Today.

European shares steadied on Tuesday after Nestle sets margin targets for the first time.

Major Headlines of the day:

TCS' UK based subsidiary Diligenta secured a 15-year deal from Scottish Widows insurance company.

Reliance Industries in talks to acquire DEN Networks; move to help RIL launch home broadband, cable TV services soon.

JSW Energy inks pact with Gujarat for battery operated vehicles production.

Form 483 issued by USFDA against unit-2 Divis laboratories Ltd’s Vizag facility do not appear to be procedural in nature.

Aurobindo Pharma received Form 483 with 2 observations from the U.S. FDA.

Trend in FII flows: The FIIs were net buyers of Rs -1915.54 the cash segment on Tuesday while the DIIs were net sellers of Rs 1537.10 as per the provisional figures.

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

1.BEML

2.DHFL

3.DLF

4.IBREALEST

5.ICIL

6.JPASSOCIAT

7.JSWENERGY

8.RCOM

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 open lower; SGX Nifty down 13 pts;

Indian Indices:

The Indian benchmark indices are set to open lower on Tuesday amid weak cues from the Asian peers. The Asian markets have opened on a lower note as the war of words between North Korea and the U.S. escalated. SGX Nifty is trading 9870 down by 13 points. Market sentiments were badly hit by likely worries over fiscal deficit as BSE Sensex dropped 448 points & NIFTY by over 120 points in intraday trade, however a late recovery in last hour of trade help it trim losses & settle with a loss of 296 points & 92 points respectively.

Back home, Indian markets extended their southward journey for the fifth straight session and hit lowest closing levels in almost four weeks. The Nifty and Sensex breached their important psychological levels of 9,900 and 31,700, respectively, on a closing basis. Intense selling pressure was seen in the stocks of broader indices, i.e. Mid-Cap and Small-Cap, as these indices registered a fall of 1.14% and 2.02%, respectively. The Indian equity markets may extend losses in opening trade on Tuesday on global uncertainties.

Global Market:

The US stock markets ended the first trading session of the fresh week in the red. The tech-laden Nasdaq showed a particularly steep decline. The Nasdaq Composite Index plunged by 56 points to 6,371. The Dow Jones Industrial Average slipped 54 points and the S&P 500 lost 6 points to close at 2,497.

Asia markets slip after North Korea accuses Trump of declaring war. A majority of Asian markets were trading in the negative terrain in early trade on Tuesday. Japan’s Nikkei 225 has shed 47 points, Hong Kong's Hang Seng has lost 25 points while China’s Shanghai Composite has remained unchanged.

European markets inch higher in trade on Monday after Merkel secures fourth term. Wall Street declines on tech selloff, North Korea concern

Major Headlines of the day:

IOC board clears Rs 27,000 crore refinery of its unit Chennai Petroleum. To set up new 9 mmtpa refinery at Nagapattinam.

Aditya Birla Capital receives in principal approval from RBI to set up an ARC.

Brookfield Asset Management is evaluating buying 4-5 toll road assets of Madhucon Projects and is currently conducting diligence on these.

Lupin gets USFDA nod for generic version of Clobex lotion. As per IMS MAT June data, Clobex had sales of USD 14.3 million in the US market.

Brent Jumps to Two-Year High as Turkey Threatens Kurdish Exports.

Trend in FII flows: The FIIs were net buyers of Rs -1249.45 the cash segment on Monday while the DIIs were net sellers of Rs 1009.98 as per the provisional figures.

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

1.BEML

2.DLF

3.IBREALEST

4.ICIL

5.INFIBEAM

6.JSWENERGY

7.RCOM

8.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/

Flat open on D-Street; SGX Nifty up 12 pts;

Indian Indices:

The Indian benchmark indices are set to open flat on Monday amid mixed cues from the Asian peers. The Asian markets have opened on a mixed note as investors digested elections in Germany and New Zealand over the weekend. The BSE Sensex dropped 448 points and NSE was down by 121 points on Friday due to across the board sell-off led by realty, bank, financials and capital goods stocks after renewed threat of North Korea conducting another hydrogen bomb test. Capacit'e Infraprojects IPO will be listing on NSE & BSE today.Market likely to open on subdued note. Back home, Indian markets witnessed a brutal fall on Friday with the BSE Sensex plummets nearly 450 points to close at 31,922 and the Nifty 50 index crashed by 158 points to finish at 9,964. The day began with North Korea threatened to test a nuclear weapon, followed up with S&P Global Ratings downgraded China’s credit rating and the rating agency lowered its sovereign rating on Hong Kong.Friday turned out to be a mixed day for the US stocks with Nasdaq and the S&P 500 index logging minor gains.  The Dow Jones Industrial Average ended the session lower by 10 points to 22,350. The Nasdaq Composite Index gained 4 points at 6,427 and the S&P 500 inched up 2 points at 2,502.

Global Market:

U.S. stocks closed narrowly mixed Friday as health care stocks recovered most of their losses.

Major Asian indexes climbed in early Monday trade as investors digested elections in Germany and New Zealand over the weekend.

Major Headlines of the day:

Amazon buys 5% equity in Shoppers Stop for Rs179.25 crore. Shoppers Stop will use the funds to continue its investments in expanding physical and online retail business. Shoppers Stop will sell over 400 brands through Amazon India

Indigo has grounded one more Airbus A320 neo plane following high engine vibrations experienced by the aircraft. The airline currently has 23 A320s Neos, 9 planes remain out of operations due to the frequent glitches in the Pratt & Whitney engines

GSK Pharma to sell land in Thane to Oberoi Realty for Rs 555 crore. Broking Houses are of the view that land win is strategic & value-accretive for Oberoi Realty. Land deal to add Rs 51/share to company’s net asset value

Bajaj Finance witnessed a sharp rise in EMI card user base in past 12 months. EMI card user base grew from 7.2 million to 9.8 million. Bajaj Finance's consumer finance business now constitutes 41% of the total loan book.

Trend in FII flows: The FIIs were net buyers of Rs -1241.73 the cash segment on Friday while the DIIs were net sellers of Rs 521.17 as per the provisional figures.

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

1.BEML

2.DHFL

3.DLF

4.HDIL

5.IBREALEST

6.ICIL

7.INDIACEM

8.INFIBEAM

9.JSWENERGY

10.RCOM

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

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

D-Street appears Bearish; SGX Nifty down 50 pts;

Indian Indices:

Indian benchmark indices are likely to open lower on Friday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and tepid cues from global peers. SGX Nifty is trading @ 10090, -50 points. Indian indices ended lower for a third straight session yesterday, weighed down by banks, a day after the U.S. Federal Reserve signaled one more rate hike later in the year.

Nifty opened at 10,094 level, down by 27 points while Sensex opened at 32,339 level, down by points. There are 402 advances, 1047 declines and 469 unchanged stocks on NSE reflecting strong negative sentiments floating in the market. Bharti Infratel is top Nifty gainer, trading at Rs 391.8 per share, up by 1.07% whereas Hindalco is top Nifty loser, trading at Rs 238.7 per share, down by 2.39%.Nifty50 index has support placed in the region of 10,080 and 10,040. On the other hand, further upside is expected once the Nifty index sustains above the levels of 10,175-10,180. The rupee opened at 64.80 per USD. It has been hovering at its lowest level against the US Dollar since April 5.

Global Market:

The Dow Jones industrial average fell for the first time in 10 days on Thursday, closing lower even after a small gain after the open of trading took the benchmark to a new record.

Asia markets mixed, with Nikkei rising, after softer lead from Wall Street as Fed signals rate hike on the cards.

Key data to be watched today U.S & Europe: Manufacturing PMI Index.

European stocks drive strong open after US Federal Reserve signals hike in December.

Major Headlines of the day:

KNR Construction JV bags order worth Rs 884.47 crore from Government of Telangana.

Cox and Kings owned Meininger Hotels signs agreement with a Swiss developer for the construction of a hotel in Geneva.

REC to incorporate five project specific SPVs for the development of Intra-state Transmission lines in Jharkhand.

A2Z Infra Engineering to issue 8 crore equity shares aggregating to Rs 850 crore (74 percent of the company’s total debt) towards One Time Settlement to its lending banks.

Iron ore fell -US$5.00 or -7% to US$63.00/t.

Trend in FII flows: The FIIs were net buyers of Rs -1204.95 the cash segment on Thursday while the DIIs were net sellers of Rs 1416.55 as per the provisional figures.

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

1.BEML

2.DHFL

3.HDIL

4.IBREALEST

5.ICIL

6.INDIACEM

7.INFIBEAM

8.JPASSOCIAT

9.JSWENERGY

10.RCOM

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

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

Markets to slip; SGX Nifty down 19 pts;

Indian Indices:

Indian benchmark indices are likely to open lower on Thursday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and soft cues from global peers. The benchmark indices settled the day flat on Wednesday as investors remained on the sidelines ahead of the outcome of US Federal Reserve's policy meeting, which will conclude later in the day. Nifty opened at 10,139 level, down by 2 points while Sensex opened at 32,406 level, up by 6 points on Thursday.. There are 857 advances, 521 declines and 449 unchanged stocks on NSE reflecting strong positive sentiments floating in the market. Dr Reddy’s Lab is top Nifty gainer trading at Rs 2,357 per share, up by 1.86% whereas Coal India is top Nifty loser trading at Rs 254.75 per share, down by 0.7%.On the upside, if Nifty manages to sustain above 10,180 it may scale up to levels of 10,200-10,240, whereas on the downside, a breach of 10,130 may open for correction up to the levels of 10,115-10,080..

Global Market:

Asian equity markets struggled for direction on Thursday morning as the US stock markets closed mixed. The Japan’s Nikkei 225 has surged 159 points. The Hong Kong's Hang Seng has shed 35 points and China’s Shanghai Composite has declined by 6 points.  Asia shares slip after Fed signals December rate hike

Wall Street closes slightly higher after Fed policy decisions that expects another interest rate hike by year-end and disclosed timing for reducing its balance sheet

Key data to watch in US today are Jobless Claim and Bloomberg Consumer Confidence index,European stocks tread softly ahead of Federal Reserve meeting

Major Headlines of the day:

Birla, Kotak looking to pick 24% stake in Max Financial.

Novartis India’s board to consider the proposal for buyback at its meeting on September 2.

Den Networks received NCLT nod to demerge its broadband/internet service arm Skynet Cable.

NBCC bags Rs 3,200 crore project from the finance ministry to develop a residential-cum-office complex in Mumbai.

Gold Sales decline 50% after change in KYC requirement from Aug 23. KYC required for transactions above Rs 50,000 (earlier limit was Rs.2 lac).

Trend in FII flows: The FIIs were net buyers of Rs -1185.44 the cash segment on Wednesday while the DIIs were net sellers of Rs 946.23 as per the provisional figures.

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

1.BEML

2.DHFL

3.HDIL

4.IBREALEST

5.ICIL

6.INDIACEM

7.INFIBEAM

8.JPASSOCIAT

9.JSWENERGY

10.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/