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Showing posts from June, 2017

Equity market close higher on Friday

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Recovery in late trade helped the market close higher on Friday, with the Nifty starting July series on a positive note as investors maintained caution ahead of the rollout of much awaited indirect tax reform, the Goods and Services Tax (GST), with effect from midnight today.
The 30-share BSE Sensex was up 64.09 points at 30,921.61 while the 50-share NSE Nifty rose 16.80 points to 9,520.90 after hitting an intraday low of 9,448.75, led by stock specific buying ahead of GST implementation.
Healthy rollover numbers suggest that traders are still positive, and are expecting the headwinds related to the GST implementations to be over soon, Anand James, chief market strategist, Geojit Financial Services said.
The broader markets outperformed benchmarks, with the BSE Midcap and Smallcap indices rising 0.6 percent each on positive breadth. About 1,347 shares advanced against 1,222 declining shares on the exchange.
Select FMCG stocks gained strength ahead of the tax structure reform, while health…

INDIAN EQUITY MARKET OUTLOOK - 30 Jun 2017

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Nifty opens July series below 9500, Sensex sheds 100 pts
The market started off July series on a weak note, with the Nifty falling below 9500 level on weakness in banks stocks.
The 30-share BSE Sensex was down 115.22 points at 30,742.30 and the 50-share NSE Nifty slipped 37.20 points to 9,466.90.
Asian Paints, Tech Mahindra, Tata Motors, Tata Motors DVR, HDFC, HDFC Bank and Kotak Mahindra Bank were under pressure while Bank of Baroda and Sun Pharma gained in early trade.
The broader markets were also under pressure, with the Nifty Midcap down 0.5 percent as about two shares declined for every share rising.
Jaypee Infratech, Aditya Birla Money, Aditya Birla Nuvo, Grasim Industries, Amtek Auto, Metalyst Forging and Shiva Cement gained 1-7 percent.
The Indian rupee slipped 9 paise in the early trade at 64.72 per dollar versus 64.63 Thursday.
HDFC Bank expects the pair to trade in a range of 64.50-64.90/dollar for today.
Asian markets lost ground despite China manufacturing activity beating expec…

PERFORMANCE OF THE DAY - 29 Jun 2017

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STOCK FUTURES:
FUTURES INTRADAY: BUY BPCL FUTURE CALL2 TG SELL MOTHERSUMI JUNE FUTURE EXIT AT CMP 456.6-457
PREMIUM FUTURES: BUY VEDL JULY FUTURE BUY CALL 3RD  TG SELL INDUSINDBANK JULY FUTURE SELL CALL1ST TG
NIFTY FUTURES: BUY NIFTY FUTURE BUY CALL 1ST  TG BUY NIFTY FUTURE 3RD TG BUY BANK NIFTY FUTURE BUY CALL 3RD TG
INDEX OPTION CALL NIFTY PUT 9500 JULY NR FIRST TGT 100
OPTION BUY BPCL JUNE 620 CALL BUY CALL 3RD TG
OPTION PREMIUM BUY TATASTEEL 520 CALL JULY BUY CALL1ST TG
STOCK CASH
STOCK CASH INTRADAY BUY ICICI PRULI IN CASH BUY CALL1ST TG BUY SUNTECK IN BUY CALL3R DTG
STOCK CASH PREMIUM: BUY TATASTEEL IN CASH HOLD FOR TOMORROW BUY BALRAMPUR CHINI IN CASH HOLD FOR TOMORROW ICICI PRUDENTIAL IN CASH WAS BOUGHT NR 458 CMP NOW NR 475 OUR 2ND TG 480, HOLD JET AIRWAYS IN CASH BUY CALL 1ST TG
STOCK SUPER CASH PREMIUM BUY STAR LTD BUY CALL 2ND TG BUY RELCAPITAL HOLD FOR TOMORROW JETAIRWAYS BUY CALL 2ND TG 578 ALMOST
EQUITY KING CALL BOOK 50% PROFIT NR CMP 252.5-252.85 IN VEDL FUTURE BUY CALL,HOLD 50% FOR TGT 254
OPTION …

INDIAN BENCHMARKS: SENSEX ENDS ON POSITIVE NOTE, NIFTY ABOVE 9500

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On the expiry day of June F&O series, benchmark indices ended on a positive note, with the Nifty ending just above 9500-mark. Both Sensex and the Nifty had gained strong during the course of the day, only to trim them into the final hours of trade.
The Sensex closed up 23.20 points at 30857.52, while the Nifty ended 12.85 points higher at 9504.10. The market breadth was positive as 1597 shares advanced against a decline of 980 shares, while 162 shares were unchanged. Axis Bank, Tata Steel and Vedanta were the top gainers, while Kotak Mahindra Bank and Tata Motors DVR lost the most.
HEADLINES OF THE DAY TVS Motor ties up with Abans Auto to launch 3-wheeler in Sri Lanka. Mindtree board approves Rs270 crore buyback plan. Tata Motors-Volkswagen partnership likely to be called off.
The crucial resistance for Nifty spot is now seen at 9560 and above this 9630. Support for the immediate term is now placed at 9472 and next support will be 9420.
Investment & trading in securities market is alw…

INDIAN EQUITY MARKET OUTLOOK - 29 Jun 2017

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Sensex extends gains; Nifty reclaims 9550 ahead of F&O expiry
Equity benchmarks opened strong on Thursday ahead of expiry of June F&O contracts later today and due to positive global cues.
The 30-share BSE Sensex was up 146.19 points at 30,980.51 and the 50-share NSE Nifty rose 44.90 points to 9,536.15.
Axis Bank, Infosys, Tata Motors DVR, Infosys, Tata Steel, Bharti Infratel, Eicher Motors, Bank of Baroda and L&T were trading higher in early trade while Bank Nifty gained 100 points.
Nifty Midcap rose more than 100 points as about six shares gained for every share falling on the NSE.
Tinplate, Goa Carbon, Amtek Auto, Metalyst Forgings, Jaypee Infratech, Jaiprakash Associates, Mindtree, Hexaware, Jet Airways, SpiceJet, Shree Renuka, Bajaj Hindusthan, Sintex and India Cements rallied 1-5 percent. However, RCF fell 5 percent on offer for sale issue.
The Indian rupee has opened higher by 9 paise at 64.46 per dollar against previous close of 64.55.
The dollar fell close to one-year lo…

PERFORMANCE OF THE DAY - 28 Jun 2017

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STOCK FUTURES:
NIFTY FUTURES: BUY BANK NIFTY FUTURE BUY CALL1ST TG ALMOST
STOCK CASH
STOCK CASH INTRADAY BUY GPPL IN CASH BUY CALL1ST TG ALMOST 148.85 BUY INDIANB IN CASH COST EXIT 
STOCK CASH PREMIUM: BUY BALRAMPUR CHINI IN CASH HOLD FOR TOMORROW  BUY ICICI PRUDENTIAL IN CASH HOLD FOR TOMORROW  BUY JET AIRWAYS IN CASH HOLD FOR TOMORROW 
STOCK SUPER CASH PREMIUM BUY RELCAPITAL HOLD FOR TOMORROW  BUY JETAIRWAYS IN CASH HOLD FOR TOMORROW 
EQUITY KING CALL SBIN FUT SOLD NR 279.75 FINAL TGT 276.5 ACHIEVED BOOK FULL PROFIT NR IT LOW 276.30
OPTION STRATEGY BUY NIFTY 9400 JUNE PUT HOLD FOR TOMORROW 
HNI CASH CALL BUY JETAIRWAYS IN CASH HOLD FOR TOMORROW 
HNI FUTURE CALL BOOK 50% PROFIT NR 1271-1272 IN INDIGO FUTURE BUY CALL HOLD 50% FOR TGT 1300  ZEEL FUT SOLD BELOW 491 MADE LOW 481.5 FINAL TG 481 ALMOST ACHIEVED BOOK FULL PROFIT NR IT 
HNI OPTION CALL BUY TATA STEEL 520 JUNE CALL HOLD FOR TOMORROW 
CPE FUTURE CALL UPL FUTURES SELL CALL MADE LOW OF 825.80 BOOK FULL PROFIT NEAR IT CMP -826
Investment & trading in s…

INDIAN BENCHMARKS: SENSEX CLOSES DOWN 123 POINTS NIFTY BELOW 9500

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Equity benchmark indices ended the session on a sluggish note, as frontline indices ended in the red for the second straight day. Cautious stance by the investors ahead of derivatives expiry on June 29 could have kept the market in check.
The Sensex closed down 123.93 points at 30834.32, while the Nifty ended lower by 20.15 points at 9491.25. The market breadth was negative as 1286 shares advanced against a decline of 1336 shares, while 172 shares were unchanged.
Reliance and Asian Paints were the top losers for the day, while Tata Steel, Bharti Airtel, Tech Mahindra and Yes Bank gained the most.
HEADLINES OF THE DAY Capital First gains on fund raising. Motherson approves issue of bonus shares. Fortis gains as arm to list on bourses in August.
The crucial resistance for Nifty spot is now seen at 9560 and above this 9630.Support for the immediate term is now placed at 9472 and next support will be 9420.
Investment & trading in securities market is alwayssubjected to market risks, past perf…

INDIAN EQUITY MARKET OUTLOOK - 28 Jun 2017

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Nifty opens below 9500, Sensex volatile; PSU banks under pressure
Equity benchmarks extended losses in early trade Wednesday, with the Nifty opening below 9500 on further correction in PSU banks, healthcare and FMCG stocks.
The 30-share BSE Sensex was down 19.27 points at 30,938.98 and the 50-share NSE Nifty fell 27.70 points to 9,483.70.
ITC, SBI, Bank of Baroda, L&T, Sun Pharma, Lupin and Dr Reddy's Labs were under pressure while Infosys, ICICI Bank and HDFC continued to support the market.
Nifty Midcap lost 0.5 percent as about two shares declined for every share rising.
Vijaya Bank, OBC, Andhra Bank, Syndicate Bank, Escorts, Berger Paints, Bajaj Finance, DHFL and LIC Housing fell 1-2 percent whereas Jaiprakash Associates, Jaypee Infra, Adani Enterprises, Videocon Industries, Fortis Healthcare and Dish TV gained 1-15 percent.
The Indian rupee opened marginally lower at 64.55 per dollar against previous close of 64.53.
Rupee will take cues from weak domestic equity market and will …

RIL overtakes TCS to become most valued Indian firm

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After a gap of 2-months, Reliance Industries Ltd (RIL)on Friday regained the status of the country's most valued firm, overtaking Tata Group’s Tata Consultancy Services (TCS) in terms of market valuation.
At close of trade, RIL commanded a market capitalisation (m-cap) of Rs 4,66,599.69 crore, which was Rs 1,450.62 crore more than TCS' Rs 4,65,149.07 crore valuation.
Shares of RIL ended flat at Rs 1,435, up 0.13 percent, while Tata Consultancy Services fell by 1.47 percent to close at Rs 2,360.65 on BSE.
So far this year, shares of RIL have gained nearly 33 percent, while TCS is trading flat, down 0.05 percent.
Temporary ups and down in the valuation chart of the two firms were seen in April as well.
On April 24, RIL had managed to close the trading session as the most valued firm.
TCS had replaced RIL as the most valued firm more than four years ago but a sharp rally in the shares of the Mukesh Ambani-led firm in the recent past has helped the company close the gap.
The m-cap figure…

PERFORMANCE OF THE DAY - 22 Jun 2017

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STOCK FUTURES:

FUTURES INTRADAY:
BUY ABIRLANUVO FUTURE BUY CALL3RD  TG

PREMIUM FUTURES:
BUY ABIRLANUVO FUT BUY CALL2ND TG

NIFTY FUTURES:
BUY BANK NIFTY FUTURE BUY CALL3RD TG
BUY NIFTY FUTURE BUY CALL3RD TG
BUY NIFTY FUTURE BUY CALL2ND  TG
BUY BANK NIFTY FUTURE BUY CALL 3RD  TG
BUY NIFTY FUTURE BUY CALL3RD TG -

INDEX OPTION CALL
BANKNIFTY CALL 23700 MADE HIGH 227.95 NR FINAL TGT 230 BOOK FULL PROFIT NR IT

OPTION
BUY GRASIM 1160 CALL JUNE FINAL TG
BUY ASIAN PAINT 1160 CALL JUNE 2ND TG

OPTION PREMIUM
BUY HINDPETRO 520 PUT JUN BUY CALL1ST TG
BUY YES BANK 1460 CALL JUN HOLD FOR TOMORROW

STOCK CASH

STOCK CASH INTRADAY
BUY BEML IN CASH BUY CALL2ND T G
PRABHAT DAIRY IN CASH BUY CALL 1ST TG TG

STOCK CASH PREMIUM:
BUY BALRAMPUR CHINI IN CASH HOLD FOR TOMORROW
HDFC BANK IN CASH BUY CALL TRADING NR 1715 NR TO 1ST TG ,BOOK PARTIAL PROFIT 2ND TG 1738
CHOLAMANDAL FINANCE IN CASH HOLD FOR TOMORROW

STOCK SUPER CASH PREMIUM
BUY RELCAPITAL HOLD FOR TOMORROW
JETAIRWAYS 2ND TG 577 ALMOST ACHIEVED, BOOK MORE PROFIT NEAR IT AND…

INDIAN BENCHMARKS: SENSEX FAILS TO HOLD RECORD HIGH, NIFTY ENDS FLAT

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Equity benchmarks started off day on a positive note Thursday, with the Sensex hitting a record high of 31,522.87 (up 239 points intraday) but failed to hold those gains in last hour of trade.
The 30-share BSE Sensex was up 7.10 points at 31,290.74 and the 50-share NSE Nifty was down 3.60 points at 9,630.
Weak global cues and the sell on rally strategy by traders caused profit booking in late trade while investors cautiously awaited GST implementation effective from July 1.
HEADLINES OF THE DAY Lupin drops as Pithampur plant gets 6 observations. PVR to invest Rs1, 000 crore to open 400 screens by 2020. Grasim surges on approval for demerger with ABFSL.
The crucial resistance for Nifty spot is now seen at 9710 and above this 9750.Support for the immediate term is now placed at 9590 and next support will be 9500.
Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Regist…

INDIAN EQUITY MARKET OUTLOOK - 22 Jun 2017

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Sensex rises 100 pts, Nifty opens above 9650; RIL leads
Equity benchmarks rebounded in opening trade Thursday, with the Nifty reclaiming 9650 level following positive Asian cues.
The 30-share BSE Sensex was up 109.69 points at 31,393.33 and the 50-share NSE Nifty gained 30.25 points at 9,663.85, backed by Reliance Industries.
Reliance Industries, Tata Motors, Tata Motors DVR, HDFC, Asian Paints, Ambuja Cements and Aurobindo Pharma gained 1-1.5 percent while HUL, ONGC, Wipro, Lupin, HDFC Bank, GAIL and Tata Power were under pressure.
Among midcaps, Amtek Auto, Metalyst Forging, Prism Cement, Jaiprakash Assoicates, IDFC, Jaypee Infra, Punj Lloyd, Bhushan Steel, Federal Bank, JM Financial, Geojit Financial and Fortis Healthcare gained 2-9 percent while Videocon Industries was locked at 5 percent lower circuit.
The Indian rupee opened flat at 64.53 per dollar against previous close of 64.52.
Next trigger for rupee appears to be the pace and quality of GST implementation.
He expects the USD-INR p…

PERFORMANCE OF THE DAY- 21 Jun 2017

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STOCK FUTURES:

FUTURES INTRADAY:
BUY SRTRANSFIN FUTURE BUY CALL FINAL TG

NIFTY FUTURES:
BUY BANK NIFTY FUTURE BUY CALL2ND TG
BUY NIFTY FUTURE BUY CALL1ST TG -
SELL NIFTY FUTURE EXIT YOUR POSITIONS NEAR AROUND AT PRICE (CMP-9625-9630)

OPTION
BUY ASIAN PAINT 1160 CALL JUNE HOLD FOR TOMORROW

OPTION PREMIUM
BUY RELICAPITAL 620 CALL JUN 2NDTG ALMOST

STOCK CASH

STOCK CASH INTRADAY
BUY REL CAPITAL IN CASH BUY CA;LL1ST TG
BUY JETAIRWAYS IN CASH BELOW EXIT AT 567

STOCK CASH PREMIUM:
BUY BALRAMPUR CHINI IN CASH HOLD FOR TOMORROW
BUY HDFC BANK IN CASH HOLD FOR TOMORROW

BUY IBREAL ESTATE IN CASH  1ST TG (50%)
CHOLAMANDAL FINANCE IN CASH HOLD FOR TOMORROW

STOCK SUPER CASH PREMIUM
BUY JETAIRWAYS AT HOLD FOR TOMORROW

EQUITY KING CALL
BUY SRTRANSFIN FUTURE HOLD FOR TOMORROW

OPTION STRATEGY
BUY HUL 1100 JUNE CALL HOLD FOR TOMORROW

HNI CASH CALL
BUY REL CAPITAL IN CASH HOLD FOR TOMORROW
DLF 16TH JUNE BUY CALL RECENT MADE HIGH 198.80 BOOK 50 % PROFIT NEAR IT AND 1ST TG 201,
BUY CENTURYTEX HOLD FOR TOMORROW

HNI FUTURE CALL
BUY GODRE…

INDIAN BENCHMARKS: GLOBAL WEAKNESS DRAGS SENSEX NIFTY TO END IN RED

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Equity benchmarks extended losses for second day Wednesday, with the Nifty closing below 9650 on profit booking and weakness in global peers. Investors remained cautious ahead of GST rollout from July 1.
The 30-share BSE Sensex fell 13.89 points at 31,283.64 and the 50-shrae NSE Nifty slipped 19.90 points to 9,633.60. The broader markets outperformed benchmarks despite negative breadth, closing flat with a positive bias. About 1,366 shares declined against 1,263 advancing shares on the exchange.
HEADLINES OF THE DAY Alembic Pharma gets USFDA nod for Candesartan Cilexetil Tablets. ABB in talks to buy out L&T's electrical business. Petronet LNG in talks to buy stake in GSPC.
The crucial resistance for Nifty spot is now seen at 9710 and above this 9750.Support for the immediate term is now placed at 9590 and next support will be 9500.
Investment & trading in securities market is alwayssubjected to market risks, past performance is not a guarantee of future performance. CapitalStars In…