Nifty likely to open higher 3-JAN-2018

Indian Indices: Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 23.5 points or 0.22 per cent. Nifty futures were trading around 10,855-level on the Singaporean Exchange.

Global Market:

Asian markets: Shares in Hong Kong are lower today as the Hang Seng falls 0.60%. The stock markets in Tokyo and Shanghai are closed at this time.

US Markets: Asia shares mostly higher as US futures point to further turmoil stateside.

European markets: European markets finished mixed as of the most recent closing prices. The DAX gained 0.20% and the FTSE 100 rose 0.09%. The CAC 40 lost 0.87%.

Major Headlines of the day:

Stocks To Watch

Tata Power: Maharashtra Electricity Regulatory Commission gave the green signal to Mumbai Transport Undertaking BEST to extend its existing 667MW power purchase agreement with the company for five years till March 2024. This power will be supplied from Tatas Trombay Thermal and Hydro Plants.

 Asian Granito clarified that it has already paid Rs 3.5 crore differential duty under protest based on the findings of Directorate of Revenue Intelligence and cannot assess the impact of such default at this stage.

 Advanced Enzymes Technologies: Piyush Rathi resigned from Chief Business Officers post with effect from Jan. 2.

Equitas Holdings: Equitas Small Finance Bank hiked its interest rate across various tenors with effect from January 1. For deposits from Rs 30-50 crore the rate stands at 7.5 percent.

Bank of Indias board approved increasing authorized capital from Rs 3,000 crore to Rs 6,000 crore and capital raising plans via equity shares and tier-I and tier-II capital bonds, while the shareholders have given their nod in respect issue of preferential shares to the government for Rs 10,086 crores.

 Autoline Industries entered into an investment contract with IndiaNivesh Renaissance Fund wherein the fund will invest Rs 35 crore in the company.

 Jindal Steel and Power named Sudanshu Saraf as CEO of steel operations with effect from Jan. 1.

S Chand and Company extended its first tranche investment from Dec. 31 to Jan. 31 due to certain precedent conditions not yet completed by its target company Chetna Publications LLP.

 ICRA revised its outlook for Motherson Sumi Systems from Positive to Stable across various rated instruments worth Rs 1,808 crore.

 Indian Oil Corporation said it did not plan to recover the losses incurred due the governments decision in October asking the fuel retailers to cut gasoline and diesel prices by Rs 1 per liter says Chairman Sanjiv Singh. (Bloomberg News) Public Sector Bank Update: The cabinet approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Trend in FII flows:- The FIIs were Net Value of Rs -621.06 segment while the DIIs were Net Value of -226.18 the provisional figures.

Securities in Ban For Trade Date 03-DECEMBER-2019

1.Adanipower

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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

Read More

CS OPENING BELL 28-DEC-2018

 
NIFTY SPOT UP 55 @10836
SENSEX SPOT UP 212 @36024
BANK NIFTY FUTURES UP 180 @27210
HAPPY TRADING!

WWW.CAPITALSTARS.COM+919977499927

CS NIFTY FUTURES (JAN ) OVERVIEW

TREND BEARISH
RES2: 11000
RES 1:10810
SUP1:10620
SUP2:10350
 


CS BANK NIFTY FUTURES (JAN ) OVERVIEW

TREND BULLISH 
RES 2: 27300
RES 1: 27100
SUP1: 26800
SUP2: 26610 

---

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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

Read More

CS OPENING BEL 26- DEC-2018

NIFTY SPOT down 74 @10589
SENSEX SPOT down 259 @35215
BANK NIFTY FUTURES down 190 @26704
HAPPY TRADING!

WWW.CAPITALSTARS.COM+919977499927

CS NIFTY FUTURES (NOV ) OVERVIEW

TREND BEARISH
RES2: 11000
RES 1:10810
SUP1:10520
SUP2:10300 

CS BANK NIFTY FUTURES (NOV ) OVERVIEW

TREND BULLISH 
RES 2: 27100
RES 1: 26800
SUP1: 26510
SUP2: 26200 

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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

---

Read More

CS OPENING BELL 07-DEC-2018

NIFTY SPOT UP 40 @10641

SENSEX SPOT UP 161 @35460

BANK NIFTY FUTURES UP 100 @26372

HAPPY TRADING!

WWW.CAPITALSTARS.COM+919977499927

CS NIFTY FUTURES (DEC ) OVERVIEW

TREND BEARISH

RES2: 10920

RES 1:10760

SUP1:10510

SUP2:10430 

CS BANK NIFTY FUTURES (DEC ) OVERVIEW

TREND BULLISH

RES 2: 26510

RES 1: 26380

SUP1: 26100

SUP2: 25900

 Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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

Read More

CORPORATE NEWS 03-DEC-2018

HUL's food & refreshment biz to get a 'boost' as board approves GSK Consumer merger deal

The board of Hindustan Unilever (HUL) has approved the scheme of amalgamating the company and GlaxoSmithKline (GSK) Consumer Healthcare Ltd (GSKCH), subject to further approvals.

The transaction is an all-equity merger with 4.39 shares of HUL being allotted for every share in GSKCH, implying a total equity value of Rs31, 700cr for 100% of the latter. This merger includes the totality of operations within GSKCH, including the selling contract to distribute GSKCH’s OTC and Oral Health products (Crocin, Eno, and Sensodyne) in India.

L&T Construction bags orders worth Rs1,127cr;

Larsen & Toubro (L&T) said its construction arm has won orders worth Rs1,127cr across two of its business segments.

In the metallurgical and material handling business, the company bagged contracts worth Rs755cr, the company said in the filing.

An order has been secured from Hindustan Zinc Ltd for the construction of a 1.5 MTPA Lead Zinc Beneficiation Plant at R D Mines, Rajasthan, thereby continuing to build customer confidence and leadership position in this segment, the company added.

RCom spurts 15% after subsidiary clears payment of corporate guarantee to DoT

Shares of Reliance Communications were trading 15% higher on Monday after a media report said that the company’s arm Reliance Realty has a cleared Rs1, 400cr corporate guarantee to the Department of Telecommunications (DoT) in line with the Supreme Court (SC) directive.

The completion of the payment paves the way for Reliance Communication’s pending spectrum sales to Mukesh Ambani’s Reliance Jio, an ET report said. On Friday, the SC has asked the DoT to clear the company's spectrum sale to Reliance Jio Infocomm on a corporate guarantee of Rs1, 400cr.

Ashok Leyland stock tanks nearly 5% as November volumes disappoint

Ashok Leyland Limited (ALL) reported 9% yoy volume decline (13% mom volume decline) for the month of November 2018. Total sales were 13,121 units in November 2018 vs. 14,457 units in November 2017 and 15,149 units in October 2018. The volume number missed BloombergQuint poll estimate of 14,000 units for October 2018. The volume decline came on a strong base of November 2017 (volume growth of 51% yoy, 12% mom). The stock is trading nearly 5% lower at the lowest point of the day so far.

Sun Pharma dives 7% on report of likely re-opening of insider trading case

Shares of Sun Pharma plummeted 7% in Monday’s morning session after a media report said that the Securities Exchange Board of India (Sebi) is likely to re-open an insider trading case against the company.

As per a PTI report, the update comes after the market regulator received an application that claims various irregularities by the company, its promoter Dilip Shanghvi, and others. The managing director of the company Dilip Shanghvi and nine other entities, in August 2017, settled an insider trading probe on payment of Rs18 lakh towards settlement charges.

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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

Read More

MARKET WRAP-UP 11-OCT-2018

Closing Bell: Sensex ends 750 points lower, PSU banks drag Nifty below 10,250

A sell-off in global markets had its impact on the local market, as the Sensex closed over 700 points lower, while the Nifty ended just around 10,250-mark.

Weakness was visible among banking names, particularly in PSU banks along with metals, automobiles, pharmaceuticals, and IT names. A recovery in rupee from record lows failed to make any impact.

At the close of market hours, the Sensex closed down 759.74 points or 2.19% at 34001.15, while the Nifty ended lower by 225.40 points or 2.15% at 10234.70. The market breadth is negative as 824 shares advanced, against a decline of 1,736 shares, while 866 shares were unchanged.

Yes Bank, ONGC, HPCL and IOC were the top gainers, while State Bank of India, Tata Steel, Indiabulls Housing Finance and Bajaj Finserv lost the most.

HEADLINES OF THE DAY

PTC India signs deals for power supply to Bangladesh

ONGC to buy 27 rigs for up to Rs3,500cr

Yes Bank gains 3% ahead of CEO-search committee meet

The crucial resistance for the Nifty spot is now seen at 10400 and above this 10530 Support for the immediate term is now placed at 10150 next support will be 10000.

RESULTS TOMORROW:  HUL, KTKBANK, TATASPONGE 

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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. 

Read More

MARKET WRAP-UP 21-Sep-2018

Closing Bell: Volatile trade on D-Street, Sensex ends 279 pts lower, Nifty below 11,150; DHFL down 45%

A largely volatile day has come to a close and indices have ended on a negative note. But they are off the day’s low points. The Nifty has managed to give up 11,200 in today’s trade. The Sensex has closed over 200 points lower.

The day began on a strong note as good global cues and stronger opening on the rupee boosted sentiment in D-Street. The Sensex had risen 300 points in intraday trade. But a sharp selloff in the afternoon, led by a 50 percent crash in Dewan Housing Finance’s shares as well as on Indiabulls Housing weighed big on the market. The Sensex fell 1,000 points, while the Nifty had managed to breach 11,000-mark as well.

However, with managements of these NBFCs trying to allay fears and dismissing reports of debt defaults, the market staged a recovery. Reports also emerged that DSP Mutual Fund had managed to sell some short-term paper of DHFL at 11 percent discount in a bid to build liquidity against its exposure to IL&FS. This led to the massive fall in the market as well.

At the close of market hours, the Sensex closed down 279.62 points or 0.75% at 36841.60, while the Nifty ended lower by 91.30 points or 0.81% at 11143.10. The market breadth is negative as 596 shares advanced, against a decline of 2,071 shares, while 155 shares were unchanged.

HEADLINES OF THE DAY

Yes Bank stock plunges 18% as RBI cuts CEO Rana Kapoor's tenure

DHFL stock tanks over 45% intraday on default rumor

Sun Pharma gets Australian TGA approval of ILUMYA

The crucial resistance for Nifty spot is now seen at 11283 and above this 11390 Support for the immediate term is now placed at 11075 next support will be 10940.

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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.

Read More

Nifty likely to open flat.

Indian Indices:                   

Trends on SGX Nifty indicate a 
positive opening for the broader index in India, 
a rise of 14.5 points or 0.13 percent. 
Nifty futures were trading around 11,
444-level on the Singaporean Exchange.

Global Market:

·       Asian markets: Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.24% while the Hang Seng is up 0.74%. The Shanghai Composite is not trading.

·       US Markets: bull market pushes itself toward an endurance record.

·       European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.06%, while the DAX led the CAC 40 lower. They fell 0.14% and 0.03% respectively.

·       Major Headlines of the day:

·        Results today :- AU Small Financ,Balkrishna,Benares Hotels,Birla Corp,Bombay Dyeing,Cambridge Tech,Dhampur Sugar,Edelweiss,Florence Invest,Jindal Hotels,Kalpataru Power,M&M,Merck,Motherson Sumi,PNB,PNC Infratech,SRF,Thomas Cook,Trident,TVS Motor.

·         Trend in FII flows:-  The FIIs were Net Value of Rs  248.7 in the cash segment while the DIIs were Net Value of  218.64 per the provisional figures.

Financial Advisory Company in Indore, Stock Advisory Company in Indore , Equity Tips  , Free Trading Tips  , MCX Tips , sebi registered advisory company , Intraday stock tips , Free commodity tips 

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.

Read More