Tuesday, October 31, 2017

Positive opening seen on D-Street; SGX Nifty up 32 pts;

stock tips
Indian Indices:

Indian benchmark indices are likely to open higher on Wednesday, tracking bullish cues from Nifty futures on the Singapore Stock Exchange and firm trend across global peers. Markets across Asia were trading higher amid strong economic data and strong closing of US stocks.SGX Nifty is trading at 10411 up by 32 pts indicating a positive start.

Key benchmark indices settled with small losses as investors took some cash off the table after indices scaled record highs in the previous trading session. The barometer index, the S&P BSE Sensex, fell 53.03 points or 0.16% to settle at 33,213.13.

Global Market:
Wall Street ends strong October, stocks close modestly higher on upbeat earnings news.
Asian stocks surge on Wednesday, with the overnight gains on Wall Street and a weaker yen lifting investor sentiment.
Key data to watch in US today are PMI Mfg Index, ISM Mfg Index, and FOMC meeting announcement

Major Headlines of the day:
IndiGo Q2 profit up 294% to Rs552 crore on better revenue management. The airline had reported a net profit of Rs139.85 crore in the same period a year ago. Total revenue rose 27.2% to Rs5,505.56 crore from Rs4,166.93 crore a year earlier.
Bharti Airtel's second quarter consolidated profit fell 6.6 percent sequentially to Rs343 crore, dented by pricing pressure in India business; but operational earnings and Africa business beat estimates.
IIFL net jumps 25% to Rs 229 crore in Q2 FY'18. IIFL's income surged nearly 42 percent to Rs 944.4 crore in the second quarter of 2017-18.
Sintex Plastics Q2 PAT drops to Rs. 26.06 crores. EBIDTA down 17%; margins at 13.4% vs 15%.
Divis continues to report another weak quarter. Net profit declined by 7.6% to Rs 206.8 crore. Operating profit declined by 27.3% to Rs 277.2 crore. Operating profit margin declined by 569 bps to 31.1%

Trend in FII flows: The FIIs were net buyers of Rs -531.82 the cash segment on Tuesday while the DIIs were net sellers of Rs 596.92 as per the provisional figures.

UPCOMING-RESULTS:- APOLLOTYRE, GODREJCP, HEROMOTO, MAXINDIA, JSWENERGY, RAMCOSYSTEM, SRTRANSFIN, TECHM, TVSMOTOR, TCI EXPRESS.

Securities in Ban For Trade Date 01-NOV-2017:
1.JSWENERGY
2.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

Monday, October 30, 2017

Gap down open seen on D-Street; SGX Nifty down 10 pts;

stock tips
Indian Indices:

Indian benchmark indices are likely to open lower on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across global peers. Markets across Asia were trading lower following weak closing of the Wall Street in overnight trade.
SGX Nifty is trading at 10390 down by 10 points.
Equity benchmark ended at record closing highs led by index heavy weights like Reliance industries and Hdfc bank. Sensex closed up by 109 points at 33266 and Nifty closed up by 40 points at 10364. It was a day of broader markets as the Midcap and Smallcap indices rallied more than 1%.

Global Market:
Wall Street pulled back from record-high territory on Monday, weighed down by a drop in Merck shares and a report that US lawmakers are discussing a gradual phase-in of much-anticipated corporate tax cuts.
Asian stocks were mostly sluggish on Tuesday following weakness on Wall Street, while the dollar sagged following news that investigators probing Russian interference in the 2016 US election.

Major Headlines of the day:

Bharat Electronics
BEL reports strong set of numbers for Q2FY2018
Revenues up 45 percent at Rs 2476 crore
Net profit up 19.1 percent at Rs 412 crore
EBITDA up 75.8 percent at Rs 595 crore
Margin at 24.0 percent from 19.9 percent

IDFC Ltd announces weak set of numbers for Q2FY2018. Revenue from operations fell 2 percent to Rs 2647 crore Net interest income down 22.7 percent at Rs 837 crore Net profit down 35.8 percent at Rs 181 crore. IDFC and Shriram Group: Called off merger as both parties were unable to agree on a mutually acceptable swap ratio

Bain Capital is in advanced talks with Axis to invest between $750 million and $1 billion (Rs 4,800-6,400 crore), in what could be one of the largest private equity investments in the Indian banking sector.

Trend in FII flows: The FIIs were net buyers of Rs -186.04 the cash segment on Monday while the DIIs were net sellers of Rs 139.68 as per the provisional figures.

UPCOMING-RESULTS:- AJANTAPHARMA, BHARTI, CAPF, CHOLAMANDALAM, DABUR,DIVIS, DRREDDY, ESCORT, IDBI BANK, INDIGO, JSWSTEEL, KPIT, STAR, SYNDIBANK, SINTEX, DBCORP

Securities in Ban For Trade Date 31-OCT-2017:
1.IBREALEST
2.JSWENERGY
3.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

Markets to open higher; SGX Nifty up 45 pts;

stock tips
Indian Indices:

Indian benchmark indices are likely to open higher on Monday, tracking bullish cues from Nifty futures on the Singapore Stock Exchange and firm trend across global peers. Nifty HDFC and Tata Steel Q2 to remain in focus today. SGX Nifty is trading up 45 points.

Indian Indexes soared to life-time high in opening trade as the November derivatives series took off on a strong footing amid positive Asian cues
Auto sales data, Quarterly earnings, macroeconomic data points and recapitalization play are going to be the crucial metrics this week.

Global Market:
US stock markets hit new peaks on Friday after forecast-beating results from the technology companies including Google’s parent company Alphabet, Amazon and Microsoft
Asian shares edged higher in early Monday trade as investors awaited quarterly results from regional corporates.

Major Headlines of the day:

SPARC
Revenue down 84.2 percent to Rs 15 crore
Net loss of Rs 62.6 crore versus Net profit of Rs 15 crore
Margin down (413) percent from 14.1 percent

TATA Metaliks
Revenue up 39.3 percent to Rs 450 crore
Net profit up 52.5 percent to Rs 33.55 crore
Margin at 14.88 percent versus 14.08 percent

Jubilant Life Science
Net profit down 13 percent at Rs 125.5 crore EBITDA down 10 percent at Rs 306 crore Margin at 18.6 percent versus 24.6 percent.
Dirty Rooms, Equipment Found At Dr Reddy's formulation manufacturing unit-2 at Bachupally. Banned From Europe Exports, It clocked Rs. 207.5 crore revenues from the region for June 2017 Qtr.Cadila Health gets U.S. FDA approval for generic of Tamoxifen Citrate Tablets. The drug is indicated to treat breast cancer.

Trend in FII flows: The FIIs were net buyers of Rs -640.95 the cash segment on Friday while the DIIs were net sellers of Rs 56.57 as per the provisional figures.

UPCOMING RESULTS:- BHARATFIN, ONGC, HDFC, IDFC, KAJARIA, LICHSGFIN, MARICO, TATASTEEL, WOCKPHARMA, UPL, LUPIN

Securities in Ban For Trade Date 30-OCT-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

Friday, October 27, 2017

Gap up opening seen on D-Street; SGX Nifty up 13 pts;

stock tips
Indian Indices:

Indian benchmark indices are likely to start November series F&O expiry on positive note, tracking bullish cues from Nifty futures on the Singapore Stock Exchange and firm trend across global peers. SGX Nifty is trading @10387, +13 points.

Equity benchmarks as well as Midcap index continued to end at record closing high on Thursday, with the Nifty rallying 6 % in October series (the highest ever gains in a series in 2017).

Global Market:
U.S. stocks closed higher on Thursday as the latest set of earnings reports gave investors a positive surprise.
Asian shares gained on Friday as technology shares were boosted by upbeat earnings from US tech giants while the euro hovered near 3 month low against the dollar after the ECB extended its stimulus

Major Headlines of the day:

Yes Bank
Net profit up 25.1 % at Rs 1002.7 cr
Gross NPA at 1.82 % from 0.97 %, Net NPA At 1.04 % from 0.39 %(QoQ)
Provisions at Rs 447 cr from Rs 285.7 cr (QoQ)

Biocon - Weak results:
Rev at 969 cr vs poll 1027.1 cr
EBITDA at 183 cr vs poll 233 cr
Margins at 19% Vs poll 22.7%

United Spirits - Good Results:
PAT up 85% at 153 cr Vs est 96.4 cr
EBITDA up 56% @ 319 cr
OPM at 16.1% vs 9.9%

Crompton Greaves Consumer - Good Results:
Revenues up 9.8 % at 960 cr. Net profit up 24.56 % at Rs 71 cr
EBITDA @at 121 cr from Rs 101.5 cr, Margin at 12.60 % from 11.61 %

Trend in FII flows:The FIIs were net buyers of Rs -375.63 the cash segment on Friday while the DIIs were net sellers of Rs -523.54 as per the provisional figures.

UPCOMING RESULTS:- IOC, KSCL, HEIDELBERG CEM, CANBK, ITC, MARUTI, PVR, SPARC, NAVIN FLUORINE.

Securities in Ban For Trade Date 27-OCT-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

Wednesday, October 25, 2017

Markets may open higher; SGX Nifty up 123 pts;

 stock tips
Indian Indices:

SGX Nifty indicating a negative opening for the Indian equities. Mkts to open on low note;Indian benchmark indices are likely to open lower on Thursday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across global peers. SGX Nifty is trading 29 points down.

The Indian market soared to a fresh high on Wednesday, as investors cheered the government’s recapitalization package for public sector banks (PSBs) and Rs 7-lakh crore infra boost via the Bharatmala project. Derivative (F&O) expiry for the October series also aided sentiment. S&P BSE Sensex ended over 33,000 for the first time ever - at 33,042 levels, up 435 points for the day. Nifty50, on the other hand, also achieved new milestone, ending at fresh closing high of 10,295, up 87 points

Global Market:
Stocks moved notably lower over the course of the trading session on Wednesday. The Dow fell 0.5% to 23,329.46, the Nasdaq slid 34.54 points or 0.5% to 6,563.89 and the S&P 500 dropped 11.9 points to 2,557.15.
Asian stocks stall on Wall Street pullback, euro gains before ECB. Important data to watch today in US is Jobless claims data.
Europe closed in the red in yesterday’s trade with FTSE down 1.07%, CAC down 0.37%, DAX up 0.46%.

Major Headlines of the day:

HUL announces Strong set of Q2FY2018 Results:
Revenue up 6 percent at Rs 8309 crore
EBITDA up 19.7 percent at Rs 1682 crore
Margins at 20.2 percent versus 17.9 percent
Profit up 16.4 percent at Rs 1276 crore
Volumes up 4 percent

RBL Bank announces strong set of Q2FY2018 performance
NII up 38.7 percent to Rs 420.2 crore
Net profit up 67.8 percent to Rs 151 crore
Gross NPA at 1.44 percent versus 1.46 percent (QoQ)
Net NPA at 0.78 percent versus 0.81 percent (QoQ)

HDFC Life board approves IPO of up to 29.98 crore shares

GVK Power confirmed it has received the order for Navi Mumbai Airport

Trend in FII flows: The FIIs were net buyers of Rs 3582.50 the cash segment on Wednesday while the DIIs were net sellers of Rs -155.71 as per the provisional figures.

UPCOMING RESULTS:-BIOCON, EQUITAS, GICHSG, JUBLFOOD, MASTEK, SREI INFRA, MCDOWELL, VIJAYA BANK, YESBANK, WHIRLPOOL, CUMMINS.

Securities in Ban For Trade Date 25-OCT-2017:
1.DHFL
2.IBREALEST
3.INFIBEAM
4.IRB
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

Tuesday, October 24, 2017

Markets may open higher; SGX Nifty up 123 pts;

stock tips
Indian Indices:
Indian benchmark indices are likely to open higher on Wednesday, tracking bullish cues from Nifty futures on the Singapore Stock Exchange and firm cues from global peers. SGX Nifty is up 123 points.
Key benchmark indices settled with modest gains as firmness in most global stocks supported gains on the domestic bourses. The barometer index, the S&P BSE Sensex gained 100.62 points or 0.31% to settle at 32,607.34. The Nifty 50 index rose 22.85 points or 0.22% to settle at 10,207.70. Market gained for the second day in a row. GIC Re shares to list on bourses today.

Global Market:
Dow soars 168 points to record close on earnings beats by Caterpillar, 3M
Asian shares traded flat in early trade on Wednesday, while U.S. Treasury yields and the dollar got a lift following a report that Republican senators were leaning towards John Taylor to be the next Federal Reserve chief.
Key data to watch in US : Durable Goods Orders, New Home Sales and EIA Petroleum Status Report

Major Headlines of the day:

RAYMOND-Q2, YoY:
Net sales up 2.6 percent to Rs 1595 crore
Net profit up 140 percent to Rs 59.9 crore
EBITDA up 33 percent to Rs 137 crore
Margin at 8.6 percent versus 6.6 percent
Exceptional gain of Rs 21 crore

Lupin got U.S. FDA final approval for Carbidopa tablets, 25 mg a generic version of Aton Pharma Inc's Lodosyn tablets, 25 mg, used for treatment of idiopathic Parkinson's disease.

BANK OF BARODA: Cabinet approved Rs 2.11 lakh crore PSU Banks' recapitalization plan for a two year period.

KNR CONSTRUCTIONS: The government has approved the biggest highway construction plan so far in the country, to develop approximately 83,677 km of roads at an investment of Rs 6.92 lakh crore by 2022

Trend in FII flows:The FIIs were net buyers of Rs -1306.76 the cash segment on Tuesday while the DIIs were net sellers of Rs 592.28 as per the provisional figures.

UPCOMING RESULTS:- EMAMI, ENGINEERSIND, EXIDEIND, HCLTECH, HUL, KOTAKBANK, M&MFIN, MINDTREE,  PNBHOUSING, TATA ELXSI, VGUARD

Securities in Ban For Trade Date 25-OCT-2017:
1.BEML
2.DHFL
3.HDIL
4.IBREALEST
5.INFIBEAM
6.JPASSOCIAT
7.JSWENERGY
8.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