Stocks to look out for today

After moving sideways for the past 6-7 trading sessions, Nifty logged a drastic fall in the previous session and ended the session below 10,250 on the eve of November series derivative expiry. The price action resulted in the formation of sizable bear candle formed post sideways range movement, which suggests bears have a dominant spot. The opening up-side gap which was formed on November 17, 2017, has been filled.  On the daily chart, Nifty is placed at the edge of upward sloping trendline joined by connecting lows of 9,688 and 10,094. Going forward, a decisive move below Thursday’s low of 10,211 could result into further correction up to levels of 10,130 and 10,090. Whereas, on the upside, the level of 10,280 would act as stiff barrier for the bulls.

Stocks to look out for today:

Biocon: European medicines agency accepts marketing authorization applications for Mylan and Biocon's proposed biosimilars Trastuzumab and Pegfilgrastim.

Shilpa Medicare: The scheme of merger of Navya Biologicals Private Limited with Shilpa Medicare Limited has been approved by the National Company Law Tribunal.

Laurus Lab: Laurus Labs announce that the company has received its maiden Tentative Approval from United States Food and Drug Administration (U.S FDA) for Tenofovir Disoproxil Fumarate Tablets 300mg.

Reliance Power:  RPower executes project agreements in respect of its 750 MW LNG based combined cycle power plant and LNG Terminal project in Bangladesh.

LT Foods: LT Foods gears-up to further strengthen their brand presence in the critical European market. Plans to invest $20 Million for overall branding and expansion.

MCX: MCX successfully completes the first settlement cycle in India's first commodity options contract- Options on gold futures.

Thomas Cook: India’s integrated travel and travel related financial services company, strengthened its presence in Pune with two new franchise Gold Circle Partner outlets in Viman Nagar and Kothrud.

Mirza International: The Regional Director, Ministry of Corporate Affairs, Nothern Region has approved the Scheme of Arrangement between Hi-Life Fabricators Private Limited with Mirza International Limited.

Yes Bank: Moody's assigns Baa3 rating to Yes Bank's US$ 1 billion MTN program.

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

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Markets may open in red; SGX Nifty down 54 pts;

Indian Indices:

The Indian benchmark indices are set to open lower on Thursday amid weak cues from other global peers. The Asian markets have opened on a negative note weighed down by a plunge in high-flying technology shares. SGX Nifty is trading at 10306 , down by 54 Points.

The benchmark indices ended flat on Wednesday as sentiment remained cautious ahead of the gross domestic product (GDP) for the July-September quarter due on Thursday post market hours. Derivatives expiry of the November series is also due Today. GDP is likely to grown @6.4% as per media reports

Infosys Rs 13,000 cr share buyback for 11.30crs shares to begin from today at Rs 1150 per share & ends on 14th December.

Global Market:

Technology shares in the U.S. tumbled, while the S&P 500 Index ended the day flat, amid signs of a rotation away from the year’s leaders into financial stocks as tax legislation proceeded through the Senate.

Asian stocks fell with Australian banks tumbling as investors ponder the longevity of the global equity bull run.

Key data to watch out today U.S. is jobless claims data.

Major Headlines of the day:

Indiabulls Housing Finance’s rating upgraded by S&P to AAA.

National Insurance Company and ICICI Lombard may take a combined hit of Rs 300 cr from the fire that gutted the manufacturing unit of Haldiram’s

Mukta Arts

Revenue up 42 % at Rs 37 cr

Net profit of Rs 9.4 cr

EBITDA at Rs 8.5 cr versus a loss of Rs 0.5 cr

Margin at 23 % versus -2 %

Safari Industries

Revenues up 19 % at Rs 88 cr

Net profit up 268 % at Rs 3.5 cr

EBITDA up 98 % at Rs 8.3 cr

Margins at 9.4 % versus 5.7 %

TBZ Ltd

Revenues down 27 % at Rs 326 cr. Net profit down 90 % at Rs 0.8 cr. EBITDA down 48 % at Rs 12 cr. Margins at 3.7 % versus 5.2 %.

Trend in FII flows: The FIIs were Net Value of Rs -859.27 the cash segment on Wednesday while the DIIs were Net Value of Rs 771.07 as per the provisional figures.

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

1.DHFL

2.GMRINFRA

3.INFIBEAM

4.JPASSOCIAT

5.JSWENERGY

6.ORIENTBANK

7.RCOM

8.TV18BRDCST

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 on positive note; SGX Nifty up 27 pts

Indian Indices:

The Indian benchmark indices are set to open higher on Wednesday amid strong cues from other global peers. The Asian markets have opened on a positive note after Wall Street shot to record peaks amid signs of progress on US tax cuts. SGX Nifty is trading at 10396, up by 27 Points. Selling in the final hours of trade dragged benchmark indices lower, forcing them to snap multi-day gaining streak. The Nifty managed to close below 10,400-mark, while the Sensex closed over 100 points lower.

Wipro's Rs 11,000 crore share buyback to begin from today for Rs 320 per share.

Global Market:

Dow soars 255 points to record as Senate gets closer to passing tax reform.

Asian markets traded mixed on Wednesday, but mostly shrugged off North Korea's latest missile launch.

Key data to watch out today U.S. CB Consumer Confidence

European food and beverages index emerges as sectoral gainer

Major Headlines of the day:

Genus Power bags smart meter order worth Rs 453 cr

Technofab Engineering received an order in the domestic water sector worth Rs281cr

ADF Foods

Revenue down 3 % at Rs 48.2 cr

Net profit up 90 % at Rs 5.9 cr

BITDA up 24 % at Rs 6.1 cr

Margin at 12.7 % from 9.8 %

Balrampur Chini: Govt may scrap sugar stock limit to arrest price fall

Coal India is considering hiking salary of its executives, which may cost the company about Rs 800 cr.

Trend in FII flows: The FIIs were Net Value of Rs 12.24 the cash segment on Monday  while the DIIs were Net Value of Rs -428.15 as per the provisional figures.

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

DHFL

FORTIS

GMRINFRA

HDIL

INFIBEAM

JETAIRWAYS

JISLJALEQS

JPASSOCIAT

JSWENERGY

ORIENTBANK

SYNDIBANK

TV18BRDCST

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/  

Stocks to look out for today- 28 Nov 2017

During the previous trading session, Nifty opened the session with an opening downside gap and it took support around its 61.8 per cent retracement levels and thereon, the index recovered and closed the session near the day’s high. The price action formed a long bullish candle. Going forward, the bias continues to remain bullish as long as Nifty hold above 10,340. On the upside, a sustainable move above 10,410 would open gates for further upside up to levels of 10,450 and 10,490. 

Stocks to look out for today:

Infosys: Infosys announced a multi-year partnership with the State of Rhode Island to establish an Infosys Design and Innovation Hub. Infosys will also hire 500 American workers in Rhode Island over the next five years.

Reliance Communication: Reliance Communications Limited (RCOM) has entered into a binding Share Purchase Agreement with Pantel Technologies Pvt Limited and Veecon Media & Television Limited for sale of its subsidiary Reliance BIG TV Limited (RBTV), engaged in the business of Direct-to-Home (DTH) services across India.

Future Enterprises: Proposed Initial Public Offering (IPO) of material subsidiary, M/s. Future Supply Chain Solutions Limited.

TVS Electronics: Approval for the Scheme of Amalgamation between Prime Property Holdings and TVS Electronics.

HDIL: HDIL seeks shareholders nod to issue 2 crore warrants to promoter.

Tata Power: Tata Power Solar Systems, a wholly owned subsidiary of Tata Power, set another landmark by commissioning an unprecedented rooftop project in India- a solar carport on the rooftop of the sprawling 70,000 sq.mtr.

Patel Engineering: Completes implementation of S4A scheme.

L&T:L&T Construction Wins Orders Valued Rs.3572 crore.

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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Stocks to look out for today- 27 Nov 2017

In the last trading session of the week, Nifty started off the session with a positive bias and witnessed up-move in the first half, however, it turned choppy in the last leg of trade. Day’s action resulted in formation of a small body bull candle, which is signalling breakout of sideways range movement during the past three trading sessions. Going forward, a follow through move above Friday’s high (10,404.50) could lead to further upside up to levels of 10,450 and 10,490. On the flipside, the level of 10,350-10,370 would offer good support to the Nifty. Among oscillator, the 14-period RSI has turned up at present quoting at 61, as per the bullish range theory, it may attempt to move up to the levels of 70-75. 

Stocks to look out for today:

Quess Corp:  Quess Corp Limited has signed definitive agreements to acquire 51 per cent equity in Trimax Smart Infraprojects Private Limited

Sun Pharma: Sun Pharmaceutical Industries Inc. Issues Voluntary Nationwide Recall of Riomet (Metformin Hydrochloride Oral Solution) Manufactured by a Contract Manufacturer due to Microbial Contamination.

Ashok Leyland: Stake in Optare Plc increases to 98.31 per cent from 75.11 per cent  post conversion of loan into equity.

Dredging Corporation of India:  The Non-Executive Employees Union of DCI have given a notice of indefinite strike any day on or after 6th December 2017 against the Government decision to 'Privatize/ Entire Stake Sale of DCI'. The management is holding discussions with the Union to call-off the strike.

GE Ship: Delisting of Global Depository Receipts of the Company from Euro MTF Market of the Luxembourg Stock Exchange.

Satin Creditcare: Meeting of Working Committee of the Board of Director of Satin Creditcare Network Limited is scheduled to be held on November 29, 2017 for the issuance of Non-Convertible Debentures up to the amount of Rs. 78 crores through Private Placement. 

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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Stocks to look out for today- 24 Nov 2017

During the previous trading session, Nifty opened the session flat and thereafter witnessed selling pressure during the mid-day session, however, bulls bounced back, erasing most of the intraday losses and ended the session with a minor gain of 6 points. The price action for the day led to formation of high wave like candle. In the past three trading sessions, Nifty is stuck in the range of 10,300 to 10,375 and going ahead only a sustainable move on either side would dictate the near term direction. A breach of 10,300 could result in further correction up to levels of 10,260-10,270. Whereas, a decisive move above 10,375 could lead to an up-move up to levels of 10,450-10,490. 

Stocks to look out for today:

Skipper: The Board of Directors of the company has given in-principal approval to form a Joint Venture (JV) with MetzerPlas Cooperative Agricultural Organization Limited which is one of the largest and most specialised manufacturers of Drip Irrigation Solutions in Israel. 

Cox & Kings: Cox & Kings owned MEININGER Hotels and Peter Simmel signed an agreement for a hotel in Dresden.

Yes Bank: Yes Bank, India’s fifth largest private sector bank, has made it to the MSCI All Country World Index (ACWI) - ESG Leaders Index and MSCI ACWI SRI Index.

CG Power and Industrial Solutions: Company has bagged an order of Rs. 111 crore form the Indian Railways for Drive Propulsion System of Electric Loco at Chittaranjan Locomotive works.

TCS: Eastern Communications Partners with TCS for OSS/BSS Transformation.

Talwalkars Better Value Fitness: The Company and Mickey Mehta have announced a strategic alliance. The two titan of fitness and wellness have partnered in a global endeavour to start wellness revolution.

Swaraj Engines: Company to consider buyback on November, 28.

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CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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Stocks to look out for today - 23 Nov 2017

During the previous trading session, the benchmark index started off session on a slightly positive note and thereafter, it witnessed a choppy trend as it consolidated in a narrow range for the most part of the trading session. The price action formed a high wave like candle. Going forward, the bias remains positive as long as Nifty stays above Monday’s low of 10,261 and nifty moving decisively above the level of 10,380 could possibly result in the upside move up to levels of 10,450 and 10,490. On the other hand, a move below level of 10,260 would negate positive stance. 

Stocks to look out for today:

Bank of India: SEBI has permitted the bank to raise capital by way of issue of equity shares through qualified institutional placement, subject to the receipt of the approval from Government of India. 

Bharti Airtel: Company said that Tala Teleservices customer will start transitioning to the Airtel mobile network under an Intra Circle Roaming (ICR) arrangement. 

Info Edge: Zomato has completed the acquisition of Cathero Technologies Pvt. Ltd. (Runnr), an on-demand logistics and delivery company. 

Thomas Cook: Thomas Cook India Group proposes to raise over Rs. 600 crore via dilution of 5.42 per cent stake in Quess Corp. Will Retain controlling stake. 

Sun Pharma: Stake in ScPharmaceuticals reduces to 12.31 per cent from 14.58 per cent after latter's IPO. 

Karur Vysya Bank: The Capital Raising Committee of the Bank has allotted 11.7 crore share via rights issue. 

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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Positive open on D-Street expected; SGX Nifty up 31 pts;

Indian Indices:

Indian benchmark indices are likely to extend rally on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trend across global peers. SGX Nifty is trading up by 31 points at 10388, indicating a positive opening.

Key benchmark indices settled with modest gains as firmness in global stocks underpinned sentiment. Sensex advanced 118.45 points or 0.36% to settle at 33,478.35 and Nifty rose 28.15 points or 0.27% to settle at 10,326.90. The breadth, indicating the overall health of the market, was positive. On BSE, 1,465 shares rose and 1,223 shares declined..

Global Market:

US stocks jumped on Tuesday, pushing all three major indexes to record closing highs, led by gains in this year's top-performing technology sector.

Asia markets traded higher on Wednesday, after U.S. stocks rose to record highs following a rally in tech names.

Key data to watch in US today: Durable goods Orders, Jobless Claims and EIA Petroleum Status Report.

Major Headlines of the day:

NCC-BGR Infra consortium bags coal mine project from NTPC. The value of the project is estimated to be Rs 25,071 cr to be executed over 25 years and the annual revenue at rated capacity is about Rs 1,000 crore at current prices.

Kishore Biyani unveils plan to make Future Group a trillion-dollar-revenue group by 2047; has partnered with technology companies Google and Facebook and consulting firm Deloitte for the roll out of its Retail 3.0 initiative.

Talbros Automotive Components Q2FY18, YoY

Revenue up 26.25 percent at Rs 101 crore

Net profit up 133 percent at Rs 7 crore

Ebitda up 29.9 percent at Rs 10 crore

Margins at 9.9 percent versus 9.6 percent

Dhariwal infrastructure wins 185 megawatt short-term PPA under flexi-coal scheme

JHS Svendgaard LaboratoriesQ2FY18, YoY

Revenue up 1.3 percent at Rs 31.3 crore

Net profit up 38.5 percent at Rs 1.8 crore

Ebitda up 12.9 percent at Rs 3.5 crore

Margins at 11.2 percent versus 10 percent

Trend in FII flows: The FIIs were Net Value of Rs -727.01 the cash segment on Tuesday while the DIIs were Net Value of Rs 825.50 as per the provisional figures.

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

1.DHFL

2.DLF

3.HDIL

4.ICIL

5.INFIBEAM

6.JISLJALEQS

7.JPASSOCIAT

8.JSWENERGY

9.JUSTDIAL

10.KSCL

11.RCOM

12.RELCAPITAL

13.TV18BRDCST

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/ 

Markets to flash green; SGX Nifty up 43 pts;

Indian Indices:

Indian benchmark indices are likely to open higher on Tuesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trend across global peers. SGX Nifty is trading at 10358 up by 43 points.

Indian Equity benchmarks after a nearly 600-point rally on the Sensex in previous two consecutive sessions had a lacklustre day. However broader markets continued to rally on Monday as Investors digested Moody's India rating upgrade and focussed on global cues

Global Market:

U.S. stocks rose, as Congress took a holiday break from tax talks and markets absorbed political developments in the Americas and Europe.

Stocks in Asia recovered some of their recent losses as traders put on hold concerns about U.S. tax reforms and European political issues.

European stocks on a recovery rally.

Major Headlines of the day:

Quess Corp to Buy 51% Stake Of Tata Business Support For Rs 153 Cr.

Moody's Investors Service has upgraded Vedanta Resources plc's (Vedanta) corporate family rating (CFR) to Ba3 from B1. It has also upgraded the company's senior unsecured bond rating to B2 from B3. The rating outlook is stable.

Infibeam seen in talks to sell minority stake to Fairfax Financial Holdings.

NBCC awards Rs 524 crore order to Simplex Infra for construction of IIT buildings in Bhubaneswar.

TCPL Packaging.- Weak results by TCPL Packaging Revenue up 13 % at Rs 181 crore Net profit down 42 % at Rs 5.9 crore. Ebitda down 19 % at Rs 22.4 crore & Margin at 12.4 % versus 17.2 %.

Trend in FII flows: The FIIs were Net Value of Rs -358.74 the cash segment on MONDAY while the DIIs were Net Value of Rs 613 as per the provisional figures.

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

1.DHFL

2.DLF

3.HDIL

4.ICIL

5.INFIBEAM

6.JETAIRWAYS

7.JPASSOCIAT

8.JSWENERGY

9.JUSTDIAL

10.KSCL

11.RCOM

12.RELCAPITAL

13.TV18BRDCST

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 opening on D-Street; SGX Nifty down by 23 Pts;

Indian Indices:

Indian markets are likely to open flat to lower, tracking bearish cues from Nifty");'> Nifty futures on the Singapore Stock Exchange and soft trend across global peers. SGX Nifty");'> Nifty is trading 23 points down

India's sovereign credit rating jump on Friday gave investors a big reason to cheer as the nsex");'> Se nsex rallied 236 points, underpinned by financial and metal stocks.

Global Market:

U.S. stocks fell on Friday as worries about tax reform lingered on Wall Street. No Key data to watch in US today.

Asian stocks resumed last week’s slide in early trading Monday amid signs of fatigue following a stellar year for the region’s equities.

Major Headlines of the day:

Larsen & Toubro won orders worth Rs 8,650 crore to build two parts of the Mumbai Trans Harbour Link project.

Eris Lifescience is set to acquire Strides Shasun’s domestic business for Rs 500 crore. Analyst's believe these couple of divestments would help Strides to focus on mainly the US and Australia business, and expect these businesses to grow at high double digits.

Media reports says Logistics sector to soon get infrastructure status, a move that will help the industry raise funds at competitive rates and banks to give priority to logistics sector while lending.

Supreme Court on Friday towards nationwide ban on the use of pet coke and furnace oil to power up industries, in a bid to fight pollution. Petcoke usage is the highest amongst all the northern players like Shree Cement, JK Lakshmi Cement and Mangalam Cement.

Media reports says ACC, Ambuja Cements roll back prices to September levels; cut Mumbai prices by Rs 20 per bag.

Trend in FII flows: The FIIs were Net Value of Rs 1276.62 the cash segment on Friday while the DIIs were Net Value of Rs 1466.94 as per the provisional figures.

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

1.DHFL

2.DLF

3.HDIL

4.ICIL

5.INFIBEAM

6.JETAIRWAYS

7.JPASSOCIAT

8.JSWENERGY

9.KSCL

10.RCOM

11.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/