Markets turn choppy; index heavyweights weigh ,autos in focus

The market is still struggling to get out from red. the Sensex is down 34.25 points at 27465.17 and the Nifty down 13.55 points at 8269.15. Sesa Sterlite, Cipla, Tata Steel, BHEL and Maruti are top gainers while HDFC, NTPC, Coal India, Dr Reddy's Labs and GAIL are among losers in the Sensex. Auto stocks are in focus ahead of auto sales numbers for the month of December to be released today. The overall view is that demand in 2-wheelers is weak...

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INDIAN EQUITY MARKET OUTLOOK -01 JAN 2015

INDIAN BENCHMARK are likely to open year 2015 on a mixed note as the major global markets remain closed on account of New Year.                             FURTHER, IOC website hacked by Turkish group. Glenmark gets shareholders' nod to raise up to $300 million. Sebi passes over Rs 750-cr disgorgement order. Trend...

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CS ROCKING PERFORMANCE OF THE DAY-31 DEC 2014

STOCK FUTURES:FUTURES INTRADAYSTRIDES ARCOLAB FUTURE BUY CALL 3 TGSKS MICRO FINANCE BUY CALL 3 TG MOTHERSON SUMI FUTURE BUY CALL 1 TG  ADANIPORT FUTURE  BUY CALL  COST EXITYES BANK FUTURE BUY CALL COST EXITPREMIUM FUTURESSKS MICRO FINANCE FUTURE BUY CALL 2 TG (BOOKED AT 421.85)M&M FINANCE FUTURE BUY CALL 1 TG JSW ENERGY FUTURE BUY CALL SL TRIGRREDNIFTY FUTURES:OPTION:M&M FINANCE 32O CALL COST EXITSKS MICROFINANCE 410 CALL...

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INDIAN EQUITY MARKET WRAPUP-31 DEC 2014

INDIAN BENCHMARK  rises, posts best yearly gain in five yearsINDIAN EQUITY BENCHMARKS  rose on Wednesday, ending a record-setting year with hopes that the momentum would sustain in 2015 should the government announce additional economic reforms and the central bank start cutting interest rates. The S&P BSE Se nsex and CNX Nifty ended 0.35%-0.42% higher each.                          ...

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BROADER MARKET OUTPERFORM; BSE MIDCAP INDEX GAINS 0.6%

The market has opened last trading day of 2014 on a very flat note.The Sensex is down 6.06 points at 27397.48 and the Nifty down 2.55 points at 8245.70.  In the broader market, both the BSE Midcap and Smallcap indices have performed better than the front-liners with gains of around 0.6% each.  Market breadth in BSE is positive with 1,269 advances against 685 declines. BSE Metal and Power indices up 0.6% each are the lead gainers followed...

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INDIAN EQUITY MARKET OUTLOOK-31 DEC 2014

INDIAN BENCHMARKS are likely to open on a positive note as the global cues look supportive. SGX Nifty is trading 25.50 points higher. FURTHER,  Wockhardt, Cadila, Hospira recall drugs in the US. L&T bags contracts worth Rs 2,521 crore in Dec. Sebi allows exit of Ludhiana Stock Exchange as bourse. Trend in FII flows: The FIIs were net buyers of Rs 277.92 cr in the cash segment on Tuesday while the DIIs were net buyers of Rs. 160.87 cr,...

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INDIAN EQUITY MARKET WRAPUP- 30 DEC 2014

INDIAN BENCHMARKS , Tepid trade, low volumes; minor gains INDIAN EQUITY BENCHMARKS ended flat on weaker regional shares offset optimism over additional reforms a day after the government passed an executive order to ease land-acquisition rules. The S&P  BSE Sensex and CNX Nifty ended 0.03%-0.02% higher each. Lanco Infratech rose 4.27%, after the firm said that its board passed circular resolution approving the allotment of 5.45 crore...

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CS ROCKING PERFORMANCE OF THE DAY - 30 DEC 2014

STOCK FUTURES: FUTURES INTRADAY JSW ENERGY  FUTURE BUY  CALL  2 TG  SYNDICATE BANK  FUTURE  BUY  CALL  1 TG CAIRN  INDIA  FUTURE  SELL  CALL  1 TG JSW STEEL  FUTURE SELL CALL  COST EXIT SESA STERLITE  FUTURE  SELL  COST EXIT PREMIUM FUTURES ANDHRA BANK FUTURE  1 TG NIFTY FUTURES: BANK NIFTY FUTURE  3TG OPTION: ADANI PORT  BUY ...

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TOP CORPORATE NEWS -30 DEC 2014

·RBI plans to bring govt owned NBFCs under prudential regulations RBI plans to bring govt owned NBFCs under prudential regulations—negative for PFC, REC ,RBI in its financial Stability reported suggested that there is need to bring government owned NBFCs ( PFC, REC etc) on par with regulations applicable to other NBFCs.Presently the framework on provisioning, capital adequacy, asset classification etc for government owned NBFCs is softer compared...

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Markets turn choppy; BHEL gains over 1%

Benchmark indices are trading flat after paring early gains as losses in oil and metal shares have wiped off the gains in capital goods and pharmaceutical stocks. BSE midcap and smallcap indices have performed better than the front-liners with gains of around 0.4% each . BSE Consumer Durables and Capital Goods indices, up over 1% each, are the lead gainers among sectoral indices followed by BSE Power index, up 0.9% and BSE Healthcare index,...

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INDIAN EQUITY MARKET OUTLOOK-30 DEC 2014

INDIAN BENCHMARK are likely to open on a flat note as the global cues look mixed. SGX Nifty is trading 12.50 points higher. FURTHER, RINL gets Sebi's nod for IPO.     L&T Hydrocarbon bags Rs894 cr offshore contract from ONGC. RBI eases norms for Indian companies investing abroad. Trend in FII flows: The FIIs were net sellers of Rs -204.22 cr in the cash segment on Tuesday  while the DIIs were net buyers of Rs.360.38...

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CS ROCKING PERFORMANCE OF THE DAY-29 DEC 2014

STOCK FUTURES: FUTURES INTRADAY PETRONET FUTURE BUY CALL 3 TG  (BOOKED AT 213.70) ASIAN PAINT FUTURE BUY CALL 3 TG 767 ( BOOKED AT 766.40) SKS MICRO FINANCE FUTURE SELL CALL 2 TG GLENMARK PHARMA FUTURE SELL CALL 2 TG   (BOOKED AT 787.10) BHARAT FORGE BUY CALL BOOKED AT 951.80 PREMIUM FUTURES MRF FUTURE SELL CALL 3TG TVS MOTORS BUY CALL HOLD FOR TOMMOROW NIFTY FUTURES: BANK NIFTY SELL CALL 1TG NIFTY FUTURE SELL CALL...

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INDIAN MARKET WRAPUP- 29 DEC 2014

INDIAN BENCHMARKS gain for second day as metals shine INDIAN EQUITY BENCHMARKS  rose for the second consecutive session on Monday, led by metals and mining firms such as Tata Steel on expectations the government would pass executive orders to ease land acquisition rules and auction minerals such as iron ore. The S&P BSE Sensex and CNX Nifty ended 0.57%-0.56% higher each.                                                                          Shares...

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TOP CORPORATE NEWS -29 DEC 2014

·HDIL gets relief against FIR for SRA project; stock up Shares of Housing Development & Infrastructure gained 3% at Rs70 after the company which challenged the F.I.R with regards to a SRA project in suburban Mumbai was granted ad-interim relief by the Bombay High Court. The stock opened at Rs68 and touched a high of Rs71.45 on NSE. ·Govt eyes Rs3 lakh crore investments in power transmission business With an ambitious target to give 24X7 electricity...

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Markets edge higher; metal stocks shine

Today Indian Benchmark share indices extended gains following a firm opening led primarily by index heavyweights, information technology and metal stocks. The 30-share Sensex was up 188 points at 27,430 and the 50-share Nifty was up 56 points at 8,257. In the broader market, BSE Mid-cap index is moving in-line with the front-liners with a gain of 0.6% while the Small-cap index is performing marginally lower with a gain of 0.4%. TVS Motor may...

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INDIAN EQUITY MARKET OUTLOOK-29 DEC 2014

INDIAN BENCHMARKS are likely to open on a flat to positive note as the global cues look mixed. SGX Nifty is trading 27.00 points higher. FURTHER,  Lupin eyes acquisitions in US, Europe. KFA's 2-year term to renew its flying permit expires on Dec 31. Sumitomo Mitsui may take up to 10% stake in Reliance Bank. Trend in FII flows: The FIIs were net buyers of Rs 39.97 cr in the cash segment on Friday while the DIIs were net buyers of Rs. 417.29...

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CS ROCKING PERFORMANCE OF THE DAY-26 DEC 2014

STOCK FUTURES: FUTURES INTRADAY ORIENTAL BANK  FUTURE BUY  CALL  3 TG  UNION BANK  FUTURE  BUY  CALL 2 TG BANK OF INDIA  FUTURE  BUY CALL 2 TG IGL  FUTURE SELL BUY CALL  1 TG RECLTD  FUTURE   BUY CALL 1 TG PREMIUM FUTURES UNION BANK FUTURE  1 TG NIFTY FUTURES: OPTION: CANARA BANK  BUY  440  CALL 1 TG UNION BANK  BUY 230   CALL...

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INDIAN EQUITY MARKET WRAPUP - 26 DEC 2014

INDIAN BENCHMARKS , Dalal Street on a tight Leash: Low volumes, Marginal gains INDIAN EQUITY BENCHMARKS closed higher on snapping a two-day losing streak, led by technology stocks such as Infosys on a weaker rupee while broader sentiment was tepid as investors kept away from risky bets ahead of the year-end holidays. The S&P  BSE Se nsex and CNX Nifty ended 0.12%-0.33% higher each. VA Tech Wabag gained 1.19%, after the company announced...

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TOP CORPORATE NEWS-26 DEC 2014

·GSFC drops after RBI restricts FII buy Gujarat State Fertilizers & Chemicals (GSFC) rose nearly 2%, touching to Rs110.75, after the Reserve Bank of India placed restrictions on further purchases of shares of the company by registered foreign portfolio investors. The Reserve Bank of India  on Wednesday, (Dec 24, 2014), notified that the foreign shareholding through Foreign Institutional Investors ( FIIs)/Registered Foreign Portfolios...

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STOCK MARKET TRADING FLAT; ITC, HERO MOTO CORP DOWN 1%

Market remained flat amid range bound trades as gains in bank shares helped offset most of the losses in FMCG and auto shares. However, selling by foreign funds continued to weigh on market sentiment. The 30-share Sensex was down 2 points at 27,206 and the 50-share Nifty was up 9 points at 8,183. The Indian rupee was weak because of month-end dollar buying, and is trading at 63.62 to the dollar compared to the previous close of 63.52. The broader...

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INDIAN EQUITY MARKET OUTLOOK-26 DEC 2014

INDIAN BENCHMARK are likely to open on a flat to positive note as the global cues look mixed. SGX Nifty is trading 10.50 points higher. FURTHER, MTNL launches app for registering complaint, bill payment. Orchid Sumitomo Mitsui to take $58.4 mn stake in Reliance Capital. JPMorgan fund in talks on taking $200 mn stake in Spice Jet. Trend in FII flows: The FIIs were net sellers of Rs -2808.27 cr in the cash segment on Friday while the DIIs were...

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INDIAN EQUITY MARKET WRAPUP -24 DEC 2014

INDIAN BENCHMARKS fall over 1 pct ; China , derivatives expiry weigh INDIA EQUITY BENCHMARKS   fell over 1% to mark a second consecutive session of declines on Thursday after blue-chips such as Housing Development Finance Corp tracked falls in Chinese stocks and the expiry of monthly derivatives contracts. The S&P BSE Sensex and CNX Nifty ended 1.08%-1.12% lower each. .Opto Circuits spurts 16% on Cabinet nod for easing FDI norms ·November...

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CS ROCKING PERFORMANCE OF THE DAY - 24 DEC 2014

STOCK FUTURES: FUTURES INTRADAY LIC HSF FUTURE BUY CALL 2TG HINDALCO  FUTURE SELL CALL 2 TG( BOOKED AT 149.95) SUN TV FUTURE BUY CALL BOOKED AT 376.60 RELIANCE CAPITAL FUTURE BUY CALL EXIT AT 496 PREMIUM FUTURES EICHER MOTORS FUTURE BUY CALL SL TRIGRRED NIFTY FUTURES: BANK NIFTY FUTURES SELL CALL 1TG NIFTY FUTURES SELL CALL EXIT NEAR COST PRICE OPTION: RELIANCE CAPITAL 480 CALL 1TG OPTION PREMIUM: STOCK CASH: STOCK CASH INTRADAY: JUBLFOOD...

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TOP CORPORATE NEWS -24 DEC 2014

·Cabinet approves ordinance for Insurance FDI; stocks rally The Union Cabinet has approved the ordinance for Insurance FDI and Coal block allocations. This is positive for insurers like Max India, Bajaj Finserv, Reliance Capital, Exide. Shares of companies engaged in insurance business rose by up 4% after the Union Cabinet clears the Insurance Laws Amendment Bill. ·Alstom T&D secures order for Rs180 crore from NTPC Alstom T&D India secured...

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INDIAN EQUITY MARKET OUTLOOK-24 DEC 2014

INDIAN BENCHMARK  are likely to open on a flat note as global cues look mixed. SGX Nifty is trading 1.00 point lower. FURTHER, Cipla gets Rs1,100 cr South African order for HIV drugs. Tata Realty to buy majority stake in Madhucon's Agra-Jaipur road project. Exide Industries: Lower costs, demand recovery to improve margins. Trend in FII flows: The FIIs were net sellers of Rs - 444.93 cr in the cash segment on Tuesday while the DIIs were net...

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CS ROCKING PERFORMANCE OF THE DAY-23 DEC 2014

STOCK FUTURES: FUTURES INTRADAY VOLTAS LTD  FUTURE SELL CALL 2 TG GRASIM  FUTURE  BUY  CALL 2 TG SUN TV  FUTURE  BUY CALL 1 TG HINDALCO  FUTURE SELL CALL  COST EXIT PREMIUM FUTURES NIFTY FUTURES: BANK NIFTY FUTURE  SELL  CALL 3 TG NIFTY FUTURE  SELL  CALL  2  TG OPTION: WOCK PHARMA  BUY  960  CALL 3 TG NTPC   BUY 140  CALL 1  TG OPTION...

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INDIAN EQUITY MARKET WRAPUP -23 DEC 2014

INDIAN BENCHMARKS Profit Booking on D-Street: Nifty below 8300 INDIAN EQUITY BENCHMARKS snapped their three-day winning streak as blue-chips such as ICICI Bank fell on risk aversion after Chinese stocks posted their biggest daily drop in two weeks while caution prevailed a day ahead of the monthly derivatives expiry. The S&P BSE Sensex and CNX Nifty ended 0.71%-0.68% lower each. Jet Airways (India) surged 2.13%, after the company said...

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TOP CORPORATE NEWS-23 DEC 2014

·SKS Microfinance issues CPs aggregating Rs25 cr SKS Microfinance announced that the Company issued Commercial Papers of an aggregate amount of Rs25 crore on December 19, 2014, which have been rated A1+ by a leading rating agency Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk. ·Jet Airways successfully...

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CapitalStars Research Expert view on Commodity Market for the week -22 to 27 Dec 2014

PRECIOUS METALS:- IN THIS WEEK WE HAVE SEEN RANGE BOUND MOVEMENT IN BOTH THE PRECIOUS METALS i.e. GOLD & SILVER. SILVER HAS SHOWN MORE BEARISHNES THAN GOLD AS IT HAS IMPACTED FROM BASE METAL AS WELL. IN THE COMING WEEK, PRECIOUS METALS WILL TRADE MIXED TO LOWER AS PRESSURE OF RISE OF INTEREST RATE IN U.S. IS SURE TO HAPPEN. ALSO STRONG DOLLAR & WEAK OIL PRICES WILL FURTHER ACT AS NEGATIVE FACTOR. GOLD FEB CAN MOVE DOWNWARD TO THE LEVELS OF 26200 & THEN 25800 BREAKING SUPPORTS OF 26500 & 26000. REISTANCES ARE AT 27360 &...

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INDIAN EQUITY MARKET OUTLOOK-23 DEC 2014

INDIAN BENCHMARK may open tad higher today tracking a mixed trend in fellow Asian stocks as investors chose to stay on the sidelines ahead of key US economic data today including Q3 GDP numbers, goods and orders and housing data which may offer fresh cues over the health of the world’s biggest economy.                  FURTHER, Bhushan Steel's promoters among...

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