Markets indicating a weak opening ahead of March expiry;

Indian Indices:SGX Nifty is currently trading in the red down 48 points. Indian markets are expected to be volatile in today’s session amid March expiry. In stock specific news, Hindustan Aeronautics is set to list on the dalal street today. Fortis board approves demerger of the hospitality business.

Indian equity market is likely to open lower today, tracking weak Nifty futures on the 

Singapore Stock Exchange and bearish trend across the Asian markets bearish trend in the SGX Nifty Index 

Futures for March delivery, which was trading at 10,142, down 68 points or 0.6, at 11:20 AM Singapore 

time, also signaled a  negative opening for the domestic equity bourses. Volatility is likely to remain high 

in today’s trade ahead of expiry of futures and options contracts for the month of March today. 

The domestic equity market is closed on Thursday and Friday for local holidays. Profit booking is likely in 

today’s session as this is the last trading day for the current financial year before the long term capital 

gains tax (LTCG) kicks in from April 2, 2018.Investors will also keep a close eye on the fiscal deficit data to 

be released later in the day

Global Market:

Major Asian markets are trading in the red at present Nikkei is down 1.80%, Hang Seng is down 1.03%, while Shanghai Composite is trading 0.62% lower.

US Markets: Stocks witnessed a sharp selloff in the latter half of the session with Dow correcting 1.4% to 23,857.71, S&P 500 tumbled 1.7% to 2,612.62, while the tech-heavy Nasdaq slipped 2.9 percent to 7,008.81.

European markets closed in the green yesterday with FTSE closing 1.59% higher, CAC ended up 0.97%% while DAX ended 1.53% higher.

Major Headlines of the day:

JMC Projects secures new orders worth Rs 634 crore

Dilip Buildcon incorporates new SPV to undertake six laning project in Andhra Pradesh

Fortis board approves demerger of its hospital biz

REC transfers transmission arm to PowerGrid

KEC International's Saudi Arabia JV becomes its subsidiary

Capital First to raise Rs 1,500-cr via bonds to fund business growth

RIL arm sells assets in Eagle Ford shale for USD 100 mn.

Trend in FII flows: The FIIs were Net Value of Rs 1063.12 the cash segment Tuesday while the DIIs were Net Value of Rs  2172.91  as per the provisional figures.

Securities in Ban For Trade Date 28-MAR-2018:

1.BALRAMCHIN

2.GMRINFRA

3.IFCI

4.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

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Markets indicating a positive opening in line with Asian peers;

Indian Indices:SGX Nifty is currently trading in the green up 27 points. Indian markets are expected to continue the positive momentum built up in yesterday’s session as trade tension ease. In stock specific news, NSE has given the approval for the merger between Capital First and IDFC Bank. Power minister RK Sinha has proposed NTPC, PFC and REC to make SPV in order to handle stressed assets.

Global Market:

Major Asian markets are trading in the green at present Nikkei is up 1.63%, Hang Seng is up 0.82% while Shanghai Composite is trading 0.75% higher.

US Markets: Stocks witnessed a strong rebound after a selloff seen in the previous week. The Dow surged 2.8% to 24,202.60, the Nasdaq soared 3.3% to 7,220.54 and the S&P 500 jumped 2.7% to 2,658.55. Bargain hunting along with along with easing trade tariff concerns mainly fueled the rally

European markets closed in the red yesterday with FTSE closing 0.48% lower, CAC dipped 0.57% while DAX ended 0.84% lower.

Major Headlines of the day:

Govt bows to bond market, to borrow less in April-September FY19- The government chose to borrow a smaller portion of its annual target in the first half of the next fiscal year, departing from its usual practice, amid rising yields and diminishing demand for government securities.

Manipal, Fortis hospitals to meet this week to approve proposed merger- The boards of Manipal Health Enterprises Pvt. Ltd and Fortis Healthcare Ltd will meet in the next couple of days to approve the proposed merger of hospital chains of Fortis and Manipal.

JSW Steel to set up facility in Texas with $500 million investment- JSW Steel Ltd said its US unit would invest up to $500 million to expand its Texas operations, as part of a Memorandum of Cooperation signed with the Texas Governor’s office.

Trend in FII flows: The FIIs were Net Value of Rs -741.19 the cash segment Monday while the DIIs were Net Value of Rs  2017.95 as per the provisional figures.

Securities in Ban For Trade Date 27-MAR-2018:

1.IFCI

2.JETAIRWAYS

3.JPASSOCIAT

4.ORIENTBANK

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 indicating tepid start to the F&O expiry week;

Indian Indices: SGX Nifty is currently trading flat up 6 points. Indian markets are expected to trade range bound with a negative bias as traders await more clarity on the trade war, which has currently affected the global equities. In stock, specific news RIL has forged a deal to combine music platform Saavn with its own entity Jio Music for a deal worth nearly $1bn. India Bulls real-estate has divested 50% stake in India Bulls Properties and India Bulls Real Company for an enterprise value of Rs9,500cr.

Global Market:

Major Asian markets are trading in the red at present Nikkei is down 0.54%, Hang Seng is down 0.26% while Shanghai Composite is trading 1.11% lower.

US Markets: Stocks witnessed a continuation of the selling pressure witnessing yet another volatile session. The Dow dipped 1.8% to 23,533.20, the Nasdaq plunged 2.4% to 6,992.67 and the S&P 500 fell 2.1% ending at 2,588.26. All the major indices closed at multi-month lows. A concern over the escalating trade war was the major reason for the selloff on Wall Street.

European markets also closed in the red on Friday with FTSE closing 0.44% lower, CAC dipped 1.41% while DAX ended 1.80% lower.

Major Headlines of the day:

GST: Firms fear income tax dispute over input tax credits- Indian companies fear that input tax credit claimed for GST paid on raw materials may be disputed by tax officials later and are considering setting aside funds to cover risks arising from rejection of their claims.

IndiGo, SpiceJet report smooth transition to T2 of Delhi airport- IndiGo and SpiceJet shifted partial operations to Terminal 2 (T2) of the Indira Gandhi International Airport in the national capital, with both airlines reporting on time departure of flights and smooth operations.

PNB plans to stake claim in bankruptcy proceedings of Nirav Modi’s Firestar Diamond- Punjab National Bank (PNB) plans to take part in the bankruptcy proceeding of Firestar Diamond, a group company of jewelry designer Nirav Modi who has been accused of defrauding the state-run bank of nearly Rs13,000 crore..

Trend in FII flows: The FIIs were Net Value of Rs 1628.19 the cash segment Friday while the DIIs were Net Value of Rs -935.41 as per the provisional figures.

Securities in Ban For Trade Date 26-MAR-2018:

1.HDIL

2.IDBI

3.IFCI

4.JETAIRWAYS

5.ORIENTBANK

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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Nifty opens below 10,000, Sensex slips 450 pts on US-China trade war fears;

Indian Indices:SGX Markets set to open gap down as trade wars escalate. SGX Nifty is currently trading at 10,001 down 116 points. Indian markets are expected to see a continuation of the selling pressure, as global markets witness steep cuts on account of a potential trade war as both US and China imposed tariffs against each other.

The US has rolled back some tariffs on other countries which is a positive and measures announced By Donald Trump are less aggressive than what we feared, said Chetan Ahya, Co-Head of Global Economics & Chief Asia Economist at Morgan Stanley in an interview to CNBC-TV18. He believes this is going to have moderate impact on trade & growth. Previous experiences indicate impact of global trade war is not severe, he believes. Benchmark indices opened sharply lower on Friday, tracking steep fall in global peers on US-China trade war worries. The Sensex fell more than 450 points and the Nifty breached 10,000-mark for the first time in 2018.About 25 shares declined for every share rising on the NSE.HCC, Union Bank, Reliance Communications, Bank of Baroda, PNB, Bank of India, Canara Bank, IVRCL, GMR Infrastructure, Nalco, JSPL and SAIL fell up to 7 percent.

Global Market:

Major Asian markets are trading in the red at present Nikkei is down 3.67%, Hang Seng is down 3.31% while Shanghai Composite is trading 2.21% lower.

US Markets: Stocks witnessed heavy selling pressure in yesterday’s session with the major averages ending near the low point of the day.

European markets also cracked yesterday with FTSE closing 1.24% lower, CAC dipped 1.4% while DAX ended  01.73 lower%.

Major Headlines of the day:

Allahabad Bank: Bijaya Kumar Sahoo, Sarath Sura and Parthapratim Pal assume office as directors from March 22, 2018.

Union Bank of India: CBI registers a case on a complaint filed by bank against Totem Infra.

Cox & Kings: The company has sold 11.58% stake in subsidiary

Shriram Transport Finance raises Rs 1830cr via bonds

Hero Motocorp: The firm has hiked stake in Colombian jt venture to 68%

Trend in FII flows: The FIIs were Net Value of Rs 161.11 the cash segment Thursday  while the DIIs were Net Value of Rs 409.89 as per the provisional figures.

Securities in Ban For Trade Date 23-MAR-2018:

1.HDIL

2.IDBI

3.IFCI

4.JETAIRWAYS

5.JINDALSTEL

6.JPASSOCIAT

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

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

The equity benchmark indices are likely to witness a flat to positive opening

Indian Indices:SGX Nifty is indicating a marginally positive opening for the Indian markets. Indian markets are expected to trade range bound with a positive bias in today’s session. In stock specific news, Vedanta plans to raise Rs4,500cr via NCDs. According to media reports, Larsen & Toubro is set to win EPC for a new dry dock in Kochi.

Tracking modest gains in Nifty futures on the Singapore Stock Exchange and positive trend across Asian

peers. modest gains in SGX Nifty Index Futures for March delivery, which was trading at 10,177.50, up by

19.50 points or 0.19, at 11:30 AM Singapore time, also signaled a flat to positive opening for the domestic

equity bourses. Dalal Street investors will react to Goldman Sachs’ forecast for India's economy on Tuesday where it downgrades its real gross domestic product (GDP) forecast on India for the year to March 2019

to 7.6% from 8% earlier in the wake of recent fraud at Punjab National Bank. It warned that this would

constrain credit growth.

Global Market:

Major Asian markets are trading in the green at present Nikkei is up 0.48%, Hang Seng is up 0.32%, while Shanghai Composite is trading marginally lower, down 0.21%.

US Stocks witnessed a volatile trading session before ending the session marginally in the red. The Dow edged down 0.2% to 24,682.31, the Nasdaq dipped 0.3% to 7,345.29 and the S&P 500 ended 0.2% lower at 2,711.93. The lower close on Wall Street came after the Federal Reserve announced its widely anticipated decision to raise interest rates by 25 basis points from 1.5% to 1.75%. Fed reiterated its plan to raise interest rates gradually. The central bank continues to project three rate hikes in 2018.

European markets ended mixed yesterday with FTSE closing 0.32% lower, CAC dipped 0.24%, while DAX ended up 0.01 %.

Major Headlines of the day:

UltraTech Cement: The firm’s MD says we were not told about potentially suspect transactions.

Jaiprakash Associates: The Supreme Court has asked the firm to deposit Rs 200 crore by May 10

Reliance Communications: The firm has received bondholders’ approval for asset monetization plan.

Arvind: Adient India and the company have formed joint venture to make automotive fabric in India.

NMDC - Coal handling system charged to pave way for commissioning of coke oven battery at Nagarnar steel plant

Trend in FII flows: The FIIs were Net Value of Rs 98.44 the cash segment Wednesday  while the DIIs were Net Value of Rs 197.78 as per the provisional figures.

Securities in Ban For Trade Date 22-MAR-2018:

1.HDIL

2.IDBI

3.IFCI

4.JINDALSTEL

5.JPASSOCIAT

6.RCOM

7.SAIL

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 amidst negative global cues.

Indian Indices: 

SGX Nifty indicating a negative opening for the Indian markets. Indian markets are expected to trade with a negative bias continuing the negative momentum witnessed in yesterday’s trade. The Indian equity benchmark indices are likely to open on a negative note tracking bearish Nifty futures on the Singapore stock exchange 

and weak cues from Asian peers. Weak SGX Nifty Index Futures for March delivery, which was trading at 10,073, down by 42 points or 0.42

at 11:26 AM Singapore time, also signaled a negative opening for the domestic equity bourses.

Global Market:

Major Asian markets are trading in the red at present. Nikkei is currently down 0.99%, Hang Seng is down 0.66% while Shanghai Composite is down 0.39%.

US Markets saw major dip with Dow Jones shedding 335 points to close 1.35% lower, while Nasdaq index tumbled 1.84% as fresh regulation worries tanked technology stocks.

European markets also saw deep cuts with FTSE closing 1.7% lower, CAC ended 1.1% lower while DAX ended 1.4% lower.

Major Headlines of the day:

L&T set to win EPC contract for new dry dock- Larsen & Toubro Ltd has emerged the lowest bidder in a tender issued by Cochin Shipyard Ltd for the engineering, procurement and construction (EPC) contract of a new dry dock.

Godrej Agrovet may join race to acquire Ruchi Soya- Godrej Agrovet Ltd plans to bid for Ruchi Soya Industries Ltd, which is undergoing bankruptcy resolution, with an eye on its palm oil business.

Nalco to form joint venture for auto-grade aluminium unit- National Aluminium Company Ltd (Nalco) has firmed up plans to set up a joint venture with Canada-based Almex for the production of automotive-grade aluminium. 

Trend in FII flows: The FIIs were Net Value of Rs 292.23 the cash segment Monday while the DIIs were Net Value of Rs -191.52 as per the provisional figures.

Securities in Ban For Trade Date 20-MAR-2018:

1.DHFL

2.HDIL

3.IDBI

4.JPASSOCIAT

5.RCOM

6.SAIL

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/ 

The Indian equity market is likely to open on a flat to positive note.

Indian Indices:SGX Nifty is indicating a marginally positive opening for the Indian markets. Indian markets are expected to trade range bound with a positive bias in today’s session. In stock specific news, Vedanta plans to raise Rs4,500cr via NCDs. According to media reports, Larsen & Toubro is set to win EPC for a new dry dock in Kochi.

Tracking modest gains in Nifty futures on the Singapore Stock Exchange and positive trend across Asian

peers. modest gains in SGX Nifty Index Futures for March delivery, which was trading at 10,177.50, up by

19.50 points or 0.19, at 11:30 AM Singapore time, also signaled a flat to positive opening for the domestic

equity bourses. Dalal Street investors will react to Goldman Sachs’ forecast for India's economy on Tuesday where it downgrades its real gross domestic product (GDP) forecast on India for the year to March 2019

to 7.6% from 8% earlier in the wake of recent fraud at Punjab National Bank. It warned that this would

constrain credit growth.

Global Market:

Major Asian markets are trading in the green at present barring Nikkei, which is currently down 0.47%, Hang Seng is up 1.17% while Shanghai Composite is up 0.58%.

US Stocks staged a comeback in yesterday’s session after the steep fall witnessed on Monday. The recovery was mainly led by strong gains in energy stocks. The Dow Jones advanced 0.5% to 24730, S&P 500 was up 0.2% closing at 2717, while the Nasdaq surged 0.3% ending the session at 7364. Traders also waited on the sidelines, as the Fed began its two-day monetary policy; it will make its interest rate announcement today.

European markets also ended in the green yesterday with FTSE closing 0.26% higher, CAC ended 0.56% higher, while DAX ended up 0.73% .

Major Headlines of the day:

Grounded IndiGo jets to get spare engines from Pratt & Whitney- Pratt & Whitney will provide spare engines within 40 days to 

get all grounded Airbus SE A320neo aircraft at IndiGo, with the first delivery scheduled for Wednesday.

SBI seeks Supreme Court nod for RCom asset sale- State Bank of India (SBI) on Tuesday approached the Supreme Court to seek approval for the sale of Reliance Communications Ltd’s (RCom) assets to Reliance Jio Infocomm Ltd.

GSPC to sell 28.4% stake in Gujarat Gas to subsidiary GSPL- Gujarat State Petroleum Corp. Ltd (GSPC) has decided to sell a 28.4% stake in Gujarat Gas Ltd, its city gas distribution business, to its subsidiary Gujarat State Petronet Ltd (GSPL). Read more

Trend in FII flows: The FIIs were Net Value of Rs 344.16 the cash segment Tuesday while the DIIs were Net Value of Rs 731.17 as per the provisional figures.

Securities in Ban For Trade Date 21-MAR-2018:

1.DHFL

2.HDIL

3.IDBI

4.IFCI

5.JINDALSTEL

6.JPASSOCIAT

7.RCOM

8.SAIL

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/