NIFTY RECLAIMS 8,650; SENSEX UP 200 POINTS

The market saw major buying interest in last couple of hours of trade today. The Sensex rallied 244.32 points or 0.86 percent to 28504.46 and the Nifty climbed 73.65 points or 0.86 percent to 8659.90.
Sun Pharma, Dr Reddy’s Lab, M&M, ONGC and Cipla are the top 5 gainers on the Sensex and are trading higher between 2.5-6.5%.
Further, foreign institutional investors were net buyers in equities to the tune of Rs 210 crore on Wednesday. 
The Indian rupee was trading higher 62.17 to the US dollar compared to Tuesday's close of 62.50. The forex
All sectoral indices on the BSE except IT were in the green led by BSE Healthcare index up 3.3% followed by FMCG, Consumer Durables, Auto, Oil and Gas among others. The IT index was down 0.4%.
Consumer Durables and FMCG shares firmed up on expectations that the government will move the GST Constitutional Amendment Bill in the Lok Sabha soon.  From the consumer durables pack, PC Jeweller, TTK Prestige, Titan, Bajaj Electricals, Whirlpool are trading higher between 0.5-4%. FMCG major ITC and Hindustan Unilever were up over 2% each.
Sun Pharma was the top gainer up over 6% following the completion of the merger of Ranbaxy Laboratories with itself. Further, trading was suspended in Ranbaxy Labs following the merger process.
Dr Reddy's Labs was up 1.5% after local brokerage Karvy raised the price target by 5.8% to Rs 3,915 rupees with a 'buy' rating. Cipla was up 3.2%.
Mahindra and Mahindra’s (M&M) South Korean subsidiary SsangYong Motor has sold a total of 12,870 units in March 2015 - 7,719 units in domestic sales and 5,151 in exports. The stock is up nearly 3%.
However, SBI was trading up 0.6% after the state-owned bank raised capital by allotting 10.04 crore shares on preferential basis to Government of India at Rs 295.59 per equity share.
Bajaj Auto’s bike sales were down by 22 per cent in March 2015 to stand at around 2.1 lakh units versus 2.7 lakh units in the same month of 2014.  The stock is trading 0.3% lower.
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INDIAN EQUITY MARKET OUTLOOK- 06 APRIL 2015

INDIAN BENCHMARKS are expected to open on a flat note on Monday as some of the key markets continued to stay in festive mode. SGX Nifty is trading 16.50 points down.     

Headlines for the day:

Dena Bank plans lower price to sell around Rs 500 cr NPAs.

NTPC to be 90,000 MW company in 10 years: CMD.

Ceat forays into cricket gear biz.

Trend in FII flows: The FIIs were net  buyers of Rs 209.87 cr in the cash segment on Wednesday while the DIIs were net buyers of Rs. 197.25 cr, as per the provisional figures released by the NSE.

Capitalstars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX. Capitalstars also ave liable on linkedin and facebook.  Get real time advice for Equity Trading Tips , Stock Cash Premium Tips , Equity Intraday Tips , Stock Cash Intraday , Stock Trading Tips, NSE Stock Market Tips  and all market updates. For 2 Days Free Trial ,Please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.

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WEEKLY EQUITY MARKET REPORT- 30 MARCH - 04 APRIL 2015

Weekly fundamental speaks DALAL STREET face
INDIAN BENCHMARK Sedged lower in the week ended Friday, March 27, 2015. Indian markets declined the last week on weak global cues. The S&P BSE Sensex slipped below the psychological 28,000 mark. Global stocks fell as weak US durable goods data sparked concerns about the pace of economic recovery in the world's biggest economy. Geo political worries triggered by escalating conflict in Yemen also weighed on global stocks.
Further,The government today (March 27, 2015) lowered the price of domestically produced natural gas by over 10% to $5.02 per mm Btu from $5.6 per unit, the first ever reduction in the rates of the fuel.The new price will be effective from April 1.Natural gas price was raised from$4.2 per mm Btu to $5.61 per mm Btu effective November 1, 2014. The INDIAN BENCHMARKS fell 802.44 points or 2.84% to settle at 27,458.64. The CNX Nifty dropped 229.50 points or 2.68% to settle at 8,341.40
GLOBAL MARKET chase
ASIAN STOCKS were mostly lower as tensions in the Middle East and losses on Wall Street soured sentiment, while the dollar's Bull Run looked to have stalled for the time being. 

U.S. STOCKS index futures poised for a lower opening at the Wall Street on Friday EUROPEAN STOCKS crawled higher as upbeat U.S. economic data helped revive some risk appetite lost following air strikes on Houthi militants in Yemen, while the dollar rebounded
Week ahead In the coming week,the trend in global markets, investment by foreign portfolio investors(FPIs), the movement of rupee against the dollar, and crude oil price movement will dictate trend on the bourses in the absence of any major domestic macro economic data.Next week is a truncated trading week. The stock market will remain shut on Thursday, (April02, 2015), on account of Mahavir Jayanti and again on Friday, (April 03, 2015), on account of Good Friday. Among micro economic data,The government will unveil Eight Core Infrastructure Industries data for February 2015 on Tuesday, (March 31, 2015). The government will also unveil fiscal deficit data for February 2015 on Tuesday, (March 31, 2015). Also,HSBC India Manufacturing Purchasing Managers' Index (PMI) for March 2015 is due on Thursday, (April02, 2015).

Capitalstars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX. Capitalstars also ave liable on linkedin and facebook.  Get real time advice for Equity Trading Tips , Stock Cash Premium Tips , Equity Intraday Tips , Stock Cash Intraday , Stock Trading Tips, NSE Stock Market Tips  and all market updates. For 2 Days Free Trial , please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.

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INDIAN EQUITY MARKET WRAPUP-01 APRIL 2015

INDIAN BENCHMARKS rise over 1 pct, post first weekly gain in 4

INDIAN EQUITY BENCHMARKS  jumped 3% in the holiday shortened week after falling heavily for the three straight weeks. The Sensex rose by 2.91% and the Nifty up by 2.93%..                                                                                                                             

·Feb core growth slows to 1.4%; lowest in FY15

·India lowers April-Sept gas prices by 8%

·IOC cuts jet fuel prices by 2%

The crucial resistance for Nifty is now seen at 8670 and above this 8695. Support for the immediate term is now placed at 8550 and next support will be 8495.

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CS ROCKING PERFORMANCE OF THE DAY-01 APRIL 2015

STOCK FUTURES:

FUTURES INTRADAY

MARUTI FUTURES SELL  CALL 3 TGT

SUN PHARMA  FUTURES  BUY CALL 3 TGT

STAR  FUTURES  BUY CALL 2 TGT

SUN TV FUTURES BUY CALL SL TRIGERRED

PREMIUM FUTURES

NIFTY FUTURES:

OPTION:

NIFTY  8550 APRIL CALL BUY CALL 3 TGT

INFOSYS  2200  PUT  BUY CALL SL TRIGERRED

OPTION PREMIUM:

BANK NIFTY  18500  APRIL CALL BUY CALL 1 TGT

STOCK CASH:

STOCK CASH INTRADAY:

WALCHANNAG  BUY CALL 3 TGT

LLOYDELENG    BUY  CALL 3 TGT

SUNPHARMA      BUY CALL  3  TGT

CENTURY TEXTILE  BUY CALL 3 TGT

WALCHANNAG  2ND BUY CALL  2 TGT

GODREJIND  LTD  BUY  CALL   2 TGT

LLOYDELENG  2ND BUY  CALL 2 TGT

IDEA LTD  BUY CALL 2 TGT      (BOOKED AT 190.45)

CEAT LTD  BUY CALL  1 TGT

STOCK CASH PREMIUM :

RANBAXY LAB  BUY CALL 3 TGT

BEML  BUY CALL 2  TGT

STAR  BUY CALL  1 TGT

IDEA  CELLULAR  BUY CALL  1 TGT (BOOKED AT 190.45)
Capitalstars is a research house and an investment advisory company carrying out operations in the Indian Equities and commodity market. We generate intraday as well as delivery calls in Stock cash and F&O in NSE & BSE, Commodities including bullions, metals & Agro- commodities traded in MCX and NCDEX. Capitalstars also aveliable on linkedin and facebook. 
For 2 Days Free Trial , please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.  

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TOP CORPORATE NEWS - 01 APRIL 2015

· Airline stocks up on jet fuel price cut

Shares of two airline stocks gained by 0.54% to 3.23% on BSE after PSU OMCs cut jet fuel prices by 2.03% effective April 01, 2015. Jet Airways (India) up 0.54% and SpiceJet up 3.23%

Jet fuel constitutes over 40% of an airline's operating costs. Prices of jet fuel are directly linked to crude oil prices.

·Ashok Leyland March 2015 volumes up 24% YoY

Ashok Leyland March 2015 volumes up 24% YoY to 12,754 units; in-line with estimates .Ashok Leyland medium & heavy commercial vehicle (MHCV) volumes were up 29.8% to 10,027 units.

Light Commercial Vehicle (LCV) volumes were up 6.4% YoY to 2,727 units. The company reported a 17.5% growth in overall volumes for FY15.

·Godrej Properties signs new deal to develop housing project

Godrej Properties has entered into a new deal to develop a housing project at Bengaluru. The proposed project will offer about 79,000 square metres (0.85 million sq ft) of saleable area - positive read thru       

·IOC cuts jet fuel prices by 2%

IOC cuts jet fuel prices by 2%, positive for Airlines companies like Jet Airways, Spice Jet and others.

·Gas price cut 8% to $4.66 per unit from current $5.05 per mmBtu

Gas price cut 8% to $4.66 per unit from the current USD 5.05 per mmBtu – Negative for ONGC/OIL, RIL and Positive for Urea manufacturing companies (Chambal fertilizer, RCF, NFL, Tata Chemicals).Oil Ministry's pricing cell, PPAC said domestically produced natural gas will cost USD 4.66 per million British thermal unit from April 1 to September 30 on gross calorific value basis (GCV) as opposed to USD 5.05 per mmBtu currently.

·Godrej Properties signs new deal to develop housing project

Godrej Properties has entered into a new deal to develop a housing project at Bengaluru. The proposed project will offer about 79,000 square metres (0.85 million sq ft) of saleable area - positive read thru

·Dr Reddy's to acquire select UCB brands for Rs800 crDr Reddys Laboratories announced that it has entered into definitive agreement to acquire a select portfolio of the established products business of UCB, in the territories of India, Nepal, Sri Lanka and Maldives.

The acquired business is being sold on slump sale basis. Dr Reddys will buy select established brands of UCB in India for Rs800 crore (Euro 118 million). The revenues for the acquired business is approximately Rs150 crore for calendar 2014.

·Infosys hires former SAP India's MD Anirban Dey

As per media reports, former SAP India managing director Anirban Dey, who had a quiet exit last June at the Germany-headquartered company's India operations, has joined Infosys, marking yet another top-level hire from the German software supplier to Vishal Sikka's core leadership team at India's second largest software exporter.

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NIFTY ABOVE 8500; RANBAXY LABS UP 4%, AUTO STOCK IN FOCUS

The market gained some strength amid consolidation in afternoon trade. The Sensex climbed 88.75 points to 28046.24 and the Nifty reclaimed 8500, up 21.90 points at 8512.90.
Sun Pharma and Ranbaxy Labs rallied 4 percent each as today is the last day of trading in shares of Ranbaxy before merger of both companies. Morgan Stanley raised target price on the stock to Rs 1,241 apiece from Rs 995 and estimated 24.6 percent CAGR for FY16-FY17 against 18.6 percent for the street.
Dr Reddy's Laboratories gained 1 percent on acquisition of select portfolio of the established products business of Belgium-based company in India for Rs 800 crore. ITC, ICICI Bank, Bharti Airtel, HUL and Hindalco Industries were other gainers on Sensex, up 1-2 percent whereas HCL Technologies tanked 4 percent as the company warned of currency impact owing to the currency fluctuations.  Infosys, TCS, Reliance Industries, BHEL and GAIL were down 0.5-1.5 percent. In auto space, Maruti Suzuki declined more than 1.5 percent on reporting weak sales for March. Total sales fell 1.6 percent and exports took a big knock, down 29 percent to 7836 units year-on-year. Ashok Leyland gained 1 percent on reporting a 24 percent growth in March sales at 12,754 units year-on-year. Eicher Motors advanced 0.5 percent as its motorcycle sales grew 42 percent and exports jumped 58 percent. Mahindra & Mahindra gained 0.8 percent despite a 12 percent decline in sales but its exports jumped 28 percent. Fertilser stocks gained 2-13 percent as cabinet approved gas pooling for the sector for 30 urea manufacturing units. Metal stocks are trading mixed. Tata Steel is up 0.3%, Hindalco is up 1.5% and Sesa Sterlite has shed around 0.6%. Tata Steel has divested its entire stake in Lanka Special Steels Limited to E. B. Creasy & Company for a total consideration of around Rs 20.4 crore in an all cash deal. 
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