Markets may remain under selling pressure in today’s trade;

Indian Indices:

Indian equity benchmark indices are likely to open o flat note today, tracking muted cues from Nifty futures on the Singapore Stock Exchange and negative

trend across global markets. Flat SGX Nifty Index Futures for January delivery, which were trading at 10,718.00, up by 2.50 points or 0.02 per cent, at

10:48 AM Singapore time, also signaled a flat to positive opening for the domestic equity bourses.

India's largest IT services firm Tata Consultancy Services (TCS) said it has signed an over GBP 500 million (USD 690 million) deal with M&G Prudential, the UK and European savings and investments business of Prudential plc. Under the contract, TCS will digitally transform M&G Prudential's business and deliver enhanced service for its UK savings and retirement customers, TCS said in a statement. "The value of this agreement exceeds GBP 500 million (USD 690 million) over 10 years and covers the support of over 4 million customer policies,".

On the corporate front

Shares of Bharti Airtel will remain in focus after Merrill Lynch sold shares worth Rs 1,931 crore in the company through an open market transaction

On the Earning front

Stocks of Hindustan Unilever Ltd, Adani Power, Mindtree, DCB Bank, Tata Sponge and Zee Entertainment, will remain in focus as they will unveil their

quarterly earnings report today

Previous Day Roundup

The Indian equities ended lower in volatile session on Tuesday, tracking weak cues from Asian peers, as gain in IT and Teck stocks were offset by hefty

selling across realty and metal space.

Global Market:

Major Asian markets are trading mixed at present Nikkei is down 0.43%, Hang Seng is down 0.32%, while Shanghai Composite the is trading  0.66% higher.

US markets: The major averages reached record intraday highs early in the day but eventually closed in negative territory.

European closed mixed yesterday with FTSE down 0.17 %, CAX up 0.07% and DAX up 0.35%.

Major Headlines of the day:

The Directorate General of Safeguards has slapped notice for profiteering on FMCG firm HUL for allegedly not passing on price reduction benefit

to consumers post GST rollout. The notice seeks  details from the company about the pre and post GST prices of its entire products

range.

Merrill Lynch offloaded shares worth Rs 1,931 crore in telecom operator Bharti Airtel, through an open market transaction. According to the bulk deal data available with the BSE, Merrill Lynch.Markets Singapore Pte Ltd sold 3.87 crore shares, amounting to 0.97 percent

stake, in Bharti Airtel.

Trend in FII flows: The FIIs were Net Value of Rs 693.17 the cash segment on Tuesday while the DIIs were Net Value of Rs -246.38 as per the provisional figures.

Securities in Ban For Trade Date 17-JAN-2017:

1. BALRAMCHIN

2. CAPF

3. DISHTV

4. FORTIS

5. HCC

6. IFCI

7. INDIACEM

8. JETAIRWAYS

9. JINDALSTEL

10.JISLJALEQS

11.JPASSOCIAT

12.KSCL

13.RCOM

14.RPOWER

15.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/