Nifty likely to open higher 07-JAN-2019

Indian Indices: All sectors are trading in the green, with maximum gains seen among metals, automobiles, consumption, as well as financials.

Global Market: Asian markets: Japanese shares are higher today as the Nikkei 225 gains 2.68%. The stock markets in Hong Kong and Shanghai are closed at this time.
US Markets: Dow jumps more than 700 points, propelled by Powell's comments and a blowout jobs report.
European markets: European markets closed sharply higher on Friday with shares in Germany leading the region. The DAX is up 3.37% while France's CAC 40 is up 2.72% and London's FTSE 100 is up 2.16%.


 Major Headlines of the day:

Rupee gains 30 paise in the opening, trades at 69.42 per dollar.

ONGC to invest Rs 6,000 crore in drilling wells in Assam.


 The trend in FII flows:- The FIIs were Net Value of Rs -157.72 segments while the DIIs were Net Value of 240.6 the provisional figures.


Securities in Ban For Trade Date 07-jan-2019
1.Adani power
2.Jetairways

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 04-JAN-2019

Closing Bell: Sensex ends the week with a gain of 181 pts, Nifty above 10,700.

Buying counters were buzzing in the last couple of hours for the market, helping them not only recover from low points, but also end the week on a strong note.
Except IT names, investors bought across sectors, with maximum gains seen among metals, energy and banks, among others. The Nifty Midcap index ended higher too. 
At the close of market hours, the Sensex was up 181.39 points or 0.51% at 35695.10, and the Nifty up 55.10 points or 0.52% at 10727.40. The market breadth was narrow as 1322 shares have advanced, against a decline of 1255 shares, and 159 shares are unchanged.
Yes Bank, Vedanta, and Bharti Infratel gained the most, while Infosys, TCS, HCL Tech and Tech Mahindra were the top losers.


HEADLINES OF THE DAY
Aviation industry continues to face turbulence, fall in oil prices likely to offer respite
NHPC said Dulhasti Power Station (390 MW) in Jammu & Kashmir has been under complete shutdown w.e.f. 03.01.2019 to 12.01.2019 (tentative) for the work of 'replacement of By-Pass Line valves of MIV'.
Manappuram Finance has made interest payment due on January 1, 2019.
Chinese Central Bank cut bank's reserve requirement ratio by 100 bps.
European shares traded higher following news that the US and China will hold trade talks next week.

The crucial resistance for Nifty spot is now seen at 10860 and above this 10980 Support for the immediate term is now placed at 10620 next support will be 10480.

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 lower 20-DEC-2018

Indian Indices: Trends on SGX Nifty indicate a negative opening for the broader index in India.

Global Market:

 Asian markets: Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 1.70% while the Hang Seng is down 1.06%. The Shanghai Composite is not trading.

 US Markets: US investor appetite grows for Chinese stocks despite market bloodbath and trade worries.

 European markets: European markets finished higher today with shares in London leading the region. The FTSE 100 is up 0.96% while France's CAC 40 is up 0.49% and Germany's DAX is up 0.24%.

Major Headlines of the day:

Stocks To Watch

Pfizer Inc entered into a joint venture agreement with GlaxoSmithKline Plc to create a global consumer company. However, the entity will not include brands like Corex, Gelusil and Becosules and they will be continued to be marketed by Pfizerâ Indian arm in its respective territory.

 Uflex launched three packaging foil solutions for pharma companies. Executive Director Amitava Ray said that the fast tear stripâ foil will prove to be a game-changer for the pharma industry globally and they saw a potential growth market of 5,000 tons annually in India. Reliance Industries clarified on the news regarding Department of Telecommunications rejecting Reliance Communication-Jio spectrum deal stating that correspondence was received by the company from DoT on Dec. 18 with respect to the application and the company is seeking appropriate clarifications in this regard. Coal India seeks to buy coking coal mines in Australia and Canada. The state run-miner has identified certain assets which are under different stages of due diligence, Coal Minister Piyush Goyal tells lawmakers in a written reply to questions. (Bloomberg News) Tata Consultancy Services launched Cloud Solutions Program in Canada. This solution provides cloud infrastructure and secured functioning between premise and public cloud environment. Cosmo Films launched sterilisable conduction sealing film. This film is mainly used in the dairy industry for flavoured milk, pharma industry and bakery products. Religare Enterprisesâ subsidiary filed a criminal complaint against the Singh brothers, former promoters of the parent, and their associates for allegedly syphoning and misappropriating Rs 740 crore. JSW Steel said that NCLT approved the resolution plan in the insolvency resolution process for Vardhman Industries.

KPIT Technologies: NCLT approved the merger plan with Birlasoft, which will then split into two-publicly traded companies. The tribunal also approved the demerger of company engineering business into KPIT Engineering. Alembic Pharma received zero observations under Form 483 from the U.S. FDA for its API facility in Gujarat. llcargo Logistics said it will explore emerging business opportunities related to Container Freight Stations, Inland Container Depots and Logistics Parks in India.  Thomas Cook and Quess Corp: Board approves changes to scheme of arrangements within the group units. Thomas Cook shareholders to get 1,886 shares of Guess Corp for every 10,000 held.

Trend in FII flows:- The FIIs were Net Value of Rs 1209.21 segment while the DIIs were Net Value of -481.46 the provisional figures.

Securities in Ban For Trade Date 20-DECEMBER-2018

1.Adanient

2.Adanipower

3.Jetairways

4.Relcapital 

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 13-DEC-2018

Ashoka Buildcon bags bid worth Rs214cr

Ashoka Buildcon (ABL) has submitted bid to Jharkhand Bijli Vitran Nigam Limited (JBVNL) for the Project viz. "Rural Electrification Works of Package-4 (Comprising Ranchi, Khunti, Gumla, Simdega & Lohardaga District) in Jharkhand State under Jharkhand Sampurna Bijli Achchhadan Yojana (JSBAY) Phase-II", the company said in the BSE filing. In the bid opening meeting on December 12, 2018, the company has emerged as the Lowest Bidder (L-1) for Package 4, the Bid Value of which is Rs214 cr, with a completion period of 18 months, the company added.

Pricol zooms ~15% after announcing JV with Pointer Telelocation

Shares of Pricol zoomed 15% in morning trade on Thursday after the company announced a joint venture with Pointer Telelocation for telematics solution. Read more. Pricol Limited (founded as Premier Instruments and Controls Limited) is an automotive component and precision-engineered products manufacturer based in Coimbatore, India.It manufactures automotive components for motorcycles, scooters, cars, trucks, buses, tractors, and off-road vehicles used in the construction and Industrial segment. The company also manufactures sintered components and products for fleet management solutions.

Tata Motors to increase passenger vehicles prices from January 1

Tata Motors (TML) announced that the company would be increasing prices of its entire passenger vehicles range by up to Rs40,000 (depending on the model and city), starting January 01, 2019.

This hike in price is due to rising input costs and increase in fuel prices.

Mayank Pareek, President, Passenger Vehicle Business Unit, Tata Motors said, "The changing market conditions, rising input costs and various external economic factors have compelled us to consider this price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust portfolio consisting of segment-leading products like TIAGO, HEXA, TIGOR and the NEXON.

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:12-DEC-2018

  

NIFTY SPOT UP 46 @10600
SENSEX SPOT UP 153 @35313
BANK NIFTY FUTURES UP 157 @26403
HAPPY TRADING!

WWW.CAPITALSTARS.COM+919977499927

CS NIFTY FUTURES (DEC ) OVERVIEW

TREND BEARISH
RES2: 10780
RES 1:10640
SUP1:10410
SUP2:10200 

CS BANK NIFTY FUTURES (DEC ) OVERVIEW

TREND BULLISH 
RES 2: 26510
RES 1: 26380
SUP1: 26100
SUP2: 25800 

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-DEC-2018

Closing Bell: Sensex ends 190 pts higher, Nifty around 10,550 despite Patel's exit, setback for BJP. In what was anticipated to be a day of the bloodbath on D-Street, a trend reversal in the last few hours of trade helped Indian shares close on a positive note.  An abrupt resignation by RBI governor Urjjit Patel late on Monday, along with jitters among investors who bet on a stable government added to the negative sentiment. In fact, overnight, the Nifty futures on Singaporean Exchange fell 450 point as well, bracing investors for a similar impact here.  However, some clarity emerging on single party getting a majority in all states could have aided sentiment on the markets.  Among sectors, pharmaceuticals, PSU banks, consumption, IT and automobiles, among others, were the big gainers. 

Meanwhile, the Nifty Midcap index closed with gains of 2 percent.  At the close of market hours, the Sensex was up 190.29 points or 0.54% at 35150.01, while the Nifty was up 60.70 points or 0.58% at 10549.20. The market breadth was positive as 1623 shares advanced, against a decline of 771 shares, while 139 shares were unchanged. Yes Bank and Sun Pharma were the top gainers, while HDFC Bank, Bharti Airtel, HPCL and IOC lost the most. 

HEADLINES OF THE DAY

Country's largest lender State Bank of India (SBI) said extradition of fugitive liquor baron Vijay Mallya from the UK to India will speed up the recovery of over Rs 9,000 crore of loans.

Tata Consultancy Services shares climbed 1.5 percent intraday Tuesday after the sharp depreciation in Indian currency and the launch of new solution for airline industry.

The Indian rupee has recovered sharply from its low points, surging over 50 paise to around 71.88 per US dollar.

The crucial resistance for Nifty spot is now seen at 10660 and above this 10830 Support for the immediate term is now placed at 10470 next support will be 10300.

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 10-DEC-2018

HCL Tech signs new five-year IT transformation deal with Aegon

As per the exchange notification, HCL Tech has announced a new five-year contract with multinational life insurance, pensions, and asset management company, Aegon.

The application services deal will see HCL Tech continue as Aegon’s digital transformation partner, helping it accelerate innovation by establishing and managing a new multi-vendor ecosystem. HCL Tech will also help implement an agile delivery model to reduce Aegon’s time to market and introduce greater efficiencies through improved application lifecycle management and automation.

Tata Motors Group global wholesales down 7% yoy in Nov due to overall weakness

Tata Motors Limited (TML) sold 1,04,964 vehicles globally in November 2018, down 7% yoy. Sales were 4% lower compared to October 2018. The combined sales of Jaguar and Land Rover (JLR) were 49,312 vehicles, 9% lower than November 2017 and 5% higher than October 2018.

At 66,429 vehicles, total passenger vehicle sales were 7% lower yoy and 2% higher mom. Commercial vehicle sales, which were riding on a cyclical upswing, faltered in November 2018 due to weak festive sales in India. Consequently, CV volumes were lower 6% yoy and 13% mom at 38,535 units.

Lupin’s Pithampur unit-3 receives EIR from USFDA

Lupin, in its filing to the exchanges on Monday, informed that its Unit-3 in Indore received the Establishment Inspection Report (EIR) from the US Food & Drug Administration (USFDA). Despite this, shares of the company slumped 3%.

The inspection at the site was conducted between June 12, 2017 and June 16, 2017. "This was a pre-approval inspection for Albuterol Sulfate Inhalation product. Lupin’s Pithampur (Unit 3) facility manufactures Dermatological Products, Dry Product Inhalers and Metered Dose Inhalers," the company said in a press note.

Kotak Mahindra tanks ~6% after it files petition against RBI

Shares of Kotak Mahindra Bank have fallen by ~6% following the news that it has moved the Bombay High Court after the Reserve Bank of India restricted it from reducing promoter holding using preference shares. The bank said that it has filed a writ petition to “protect its interests” as a “matter of abundant caution.”

In August, Uday Kotak proposed to reduce his promoter holding in the bank using preference shares rather than bringing down his share of common equity. Within 10 days of the proposal, the RBI told Kotak that the Perpetual Non-Convertible Preference Shares (PNCPS) route to dilute promoter shareholding was not acceptable.

Escorts enters into JV with Kubota (Japan) for manufacturing high-end tractors

India’s leading agriculture equipment maker Escorts Ltd (Escorts) has entered into JV with Kubota Corporation, Japan, for developing high-end tractors for the domestic and export markets.

As per Escort’s press release to exchanges, the new JV will be formed with an initial investment of Rs300cr. Kubota will own 60% in the JV while Escorts will own the remaining 40%. The plant will have an initial manufacturing capacity of 50,000 tractors and will come up in FY21.

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 06-DEC-2018

NIFTY SPOT DOWN 70 @10714

SENSEX SPOT DOWN 194 @35685

BANK NIFTY FUTURES DOWN 210 @26435

HAPPY TRADING!

WWW.CAPITALSTARS.COM+919977499927

CS NIFTY FUTURES (DEC ) OVERVIEW

TREND BEARISH

RES2: 11100

RES 1:10920

SUP1:10650

SUP2:10520 

CS BANK NIFTY FUTURES (DEC ) OVERVIEW

TREND BULLISH

RES 2: 27400

RES 1: 27100

SUP1: 26560

SUP2: 26100 

 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