INDIAN EQUITY MARKET WRAPUP- 31 JULY 2015

INDIAN BENCHMARKS end higher; banks lead gainsINDIAN EQUITY BENCHMARKS  rose on Thursday, posting their second consecutive session of gains, backed by strong earnings of Bank of Baroda and Dr Reddy's Laboratories while continued optimism over the proposed national tax bill also helped. The BSE index ended higher 0.51 percent, while the NSE index closed up 0.56 percent. Headlines for the day:L&T Q1 margins below estimate; order inflows...

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TOP COROPRATE NEWS - 31 JULY 2015

·Sun Pharma to seek USFDA approval for 2-3 innovative productsSun Pharma, like most Indian companies, have been selling generic drugs (copies of innovative products of MNC pharma companies going off patent) in US. However, Sun Pharma is hinted that it is close to fling approvals for three New Chemical Entities (NCE) or innovative products developed by its subsidiary SPARC and are in final stages of clinical trials. This confirms progress made...

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INDIAN EQUITY MARKET OUTLOOK-31 JULY 2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 16.50 points higher.                                                  Headlines for...

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CS ROCKING PERFORMANCE OF THE DAY -30 JULY 2015

STOCK FUTURES: FUTURES INTRADAY: BRITANNIA  FUTURES  BUY  CALL  3  TGT CASTROLIND   FUTURES BUY CALL   SL TRIGERRED PREMIUM FUTURES: NIFTY FUTURES: BANK  NIFTY  FUTURES  BUY  CALL  SL TRIGERRED OPTION: M&M 1320   BUY  CALL SL TRIGERRED OPTION PREMIUM: STOCK CASH: STOCK CASH INTRADAY: BANK OF BARODA  BUY  CALL  3  TGT ZENSAR...

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INDIAN EQUITY MARKET WRAPUP- 30 JULY 2015

INDIAN BENCHMARKS extend gains for a second session                                                              INDIAN EQUITY BENCHMARKS ...

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TOP CORPORATE NEWS - 30 JULY 2015

·Cipla gains as partner Sandoz gets USFDA nodShares of Mumbai based pharmaceutical company Cipla rose 3% on the BSE after its partner Sandoz received a USFDA nod to launch a generic version of Pulmicort respules (budesonide).The stock opened at Rs685.10 and touched a high of Rs707.90 on the NSE.  Budesonide is a glucocorticoid steroid for the treatment of asthma, non-infectious rhinitis (including hay fever and other allergies), and for...

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INDIAN EQUITY MARKET OUTLOOK-30 JULY 2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 40 points higher.                                                  Headlines for...

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CS ROCKING PERFORMANCE OF THE DAY - 29 JULY 2015

STOCK FUTURES: FUTURES INTRADAY: CEAT  FUTURES  BUY  CALL  3  TGT ITC   FUTURES SELL CALL   1  TGT TATACOMM   FUTURES    SELL  CALL  1 TGT PREMIUM FUTURES: ASHOK LEYLAND FUTURES BUY CALL 3 TGT YESTERDAY HOLDED NIFTY FUTURES: BANK  NIFTY  FUTURES  SELL  CALL  1  TGT OPTION: APOLLOTYRE  200   BUY  CALL...

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INDIAN EQUITY MARKET WRAPUP-29 JULY 2015

INDIAN BENCHMARKS end higher, snap four-day losing streakINDIAN EQUITY BENCHMARKS snapped a four-day losing streak to end higher on Wednesday as investors churned positions in favour of exporters, including defensive stocks on caution ahead of the outcome of the U.S. Federal Reserve's policy meeting. The S&P BSE Sensex and CNX Nifty ended 0.38%-0.46% higher each.Headlines for the day:Allahabad Bank Q1 net profit up 30%; asset quality improves. Yes...

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TOP CORPORATE NEWS - 29 JULY 2015

·Banks take over management control of ElectrosteelBankers to the loss-making Electrosteel Steels have agreed to use the strategic debt restructuring (SDR) mechanism to convert their debt into equity and takeover the company.Banks have exposure of about Rs10,000 crore to the steel producer and banks like SBI, PNB, Canara Bank, Uco Bank, OBC etc have exposure to the company. The Banks are trying to find buyer for the company which may take time...

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INDIAN EQUITY MARKET OUTLOOK- 29 JULY 2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 15 points higher.                                                  Headlines for...

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CS ROCKING PERFORMANCE OF THE DAY - 28 JULY 2015

STOCK FUTURES: FUTURES INTRADAY: ABIRLNUVO  FUTURES  BUY  CALL  3  TGT IBULHSGFIN  FUTURES BUY CALL   2  TGT DR REDDY   FUTURES    BUY  CALL  1 TGT PREMIUM FUTURES: ASHOKLEYLAND  FUTURES  BUY  CALL  1 TGT NIFTY FUTURES: BANK  NIFTY  FUTURES  BUY  CALL  1  TGT (BOOKED AT 18410) OPTION: DLF  PUT  100  ...

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INDIAN EQUITY MARKET WRAPUP-28 JULY 2015

INDIAN BENCHMARKS marks lowest close in more than a month                                                              INDIAN EQUITY BENCHMARKS...

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TOP CORPORATE NEWS - 28 JULY 2015

·Power Grid approves Rs307 cr investment for transmission projectPower Grid Corporation of India has announced that the Board of Directors of the Company at its meeting held on July 24, 2015, have accorded the investment approval for 'Transmission System associated with RAPP 7 & 8 Part-B’ at an estimated cost of Rs307.18 Crore, with commissioning schedule of 28 months from the date of investment approval, matching with the Implementation...

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INDIAN EQUITY MARKET OUTLLOK-28 JULY 2015

INDIAN BENCHMARKS  are likely to open on a positive note as the global cues look supportive with SGX Nifty trading 26 points higher.                                                 Headlines for the day:Info...

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CS ROCKING PERFORMANCE OF THE DAY -27 JULY 2015

STOCK FUTURES: FUTURES INTRADAY: ENGINEERS INDIA  FUTURES  SELL  CALL  3  TGT UBL  FUTURES BUY CALL  2  TGT SRTRANSFIN   FUTURES  SELL  CALL  2 TGT                                                                                                        ...

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INDIAN EQUITY MARKET WRAPUP- 27 JULY 2015

INDIAN BENCHMARKS marks biggest one-day percentage fall in nearly 2 months                                                              ...

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TOP CORPORATE NEWS - 27 JULY 2015

·ITNL secures Rs2288 cr project from NHAIIL&FS Transportation Networks Ltd ( ITNL) has bagged Rs 2,288.18-crore worth project from NHAI for four-laning of Amravati-Chikhli section of NH-6 in the state of Maharashtra.The company has been awarded the project through issuance of a letter of award dated July 24, 2015 by NHAI. The company had quoted a grant of Rs183.05 crore for project.·Rajesh Exports buys world's largest Gold Refining FirmRajesh...

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INDIAN EQUITY MARKET OUTLOOK -27 JULY 2015

  INDIAN BENCHMARKS  are likely to open on a negative note as the global cues look unsupportive with SGX Nifty trading 51 points lower.                                                  Headlines...

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WEEKLY EQUITY MARKET REPORT 20 JULY - 25 JULY 2015

Weekly fundamental speaks DALAL STREET faceINDIAN BENCHMARK ended higher in the week by 3%. The continuous buying in heavy weights like ITC, HDFC and Reliance Industries supported gains. Sentiment was also boosted after Greece's parliament on July 16, 2015, approved austerity measures to secure a bail out for the country and potentially avoid its exit from the euro zone. The barometer index,the S&P BSE Sensex settled above the psychological...

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