Saturday, September 30, 2017

Festive season mantra: Time to save your money, plan your finances

Equity Tips

Festive season beginning Dussehra is all about enjoying and spending. Many end the festive season with guilt in mind due to overspending on wants. But this situation can be avoided. A focussed approach to saving can help you build a corpus over a period of time.

Millennials are in their early years of career. Here are some tips to boost their savings. While saving is the right thing to do, you have to put your savings to right use. It can help you to achieve your financial goals and protect your family financially too.

If you have just started working, here are some tips to use your salary in the best possible manner. If you are looking for some free cash – some hidden savings in your day to day life, here are some tips.

Women are seen as savvy savers and do look for better investment options. Here are some tips for women to plan their finances better.

While planning one’s finances, many times individuals overemphasise on investments. The race to make more on one’s investments often leads to ignoring protecting one’s assets. The most important among the assets is one life. Many times individuals are seen ignoring their life insurance needs. Life insurance can be bought to achieve one’s financial goals.

As we enter into a long week end, nothing wrong in spending some time understanding how a change in credit rating impacts the prices of bonds.

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

Friday, September 29, 2017

TOP CORPORATE NEWS - 29 Sep 2017

Equity Tips
Godrej Properties enters into JV with Royale Builders
Godrej Properties has entered into a joint venture with Royale Builders and Developers to develop a 13-acre land parcel on Bellary Road in North Bangalore. It plans to develop 1.34 million sq ft residential project on the plot.It is the company’s fifteenth project in Bengaluru.On Thursday, it announced a development management contract with Manyata Developers of Bengaluru to develop a residential project in Bengaluru.On 14 September, it forged a JV with Mumbai based real estate company Nirmal Ventures to develop a 2.1 million sq. ft residential project on 14 acres in Thane near Mumbai.

Cadila gets USFDA approval for doxycycline
Cadila gets USFDA approval for doxycycline tablets USP in strengths of 50mg, 75mg, 100 mg and 150 mg (used to treat many different bacterial infections). The product shall be manufactured at Ahmedabad SEZ – Positive for Cadila; Stock is up 1%+.

HCC lavasa lenders invoke debt restructuring
Hindustan Construction Company (HCC) rose over 7% touching to Rs35.15, after the company said that lenders had decided to invoke the strategic debt restructuring scheme for its Lavasa township project.
Hindustan Construction Company (HCC) said Lavasa lenders will invoke strategic debt restructuring ( SDR). The SDR process will involve lowering of debt burden by converting a part of lenders loans into equity, along with the implementation of the proposed business plan and infusion of fresh capital by a financial or strategic investor to implement the project and help protect the value of the asset within the timelines prescribed by RBI in its notification

BHEL’s outlook revised by India Ratings & Research
India Ratings & Research (Ind-Ra) has revised BHEL’s outlook to stable from negative while affirmed the rating for bank facilities ( fund based as well as non- fund based) at IND AA+ indicating stable outlook; positive.

Zydus Cadila gets final nod for doxycycline tablets
Drug firm Zydus Cadila has received final approval from the US health regulator to market doxycycline tablets, used for treatment of different types of bacterial infections such as acne and eye infection.
The company has received approval from the US Food and Drug Administration (USFDA) to market the drug in strengths of 50 mg, 75 mg, 100 mg and 150 mg.The company will manufacture the drug at the group's formulations facility at the pharma SEZ in Ahmedabad.It has more than 155 approvals and has so far filed over 300 abbreviated new drug applications (ANDAs) since it commenced filings in 2003-04.

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

Thursday, September 28, 2017

INDIAN EQUITY MARKET OUTLOOK - 29 Sep 2017

Equity Tips

Nifty starts Oct series above 9800, Sensex gains 100 pts; GAIL up 6%

Equity benchmarks started off October series on a positive note, with the Nifty reclaiming 9800 level.

The 30-share BSE Sensex was up 97.09 points at 31,379.57 and the 50-share NSE Nifty gained 39.30 points at 9,808.25.

GAIL surged 6 percent after Petroleum & Natural Gas Regulatory Board Of India has floated consultation paper w.r.t unified tariff for company’s pipelines Rs 57 per mmbtu.

Bharti Airtel, HUL, NTPC and Tech Mahindra were mildly lower.Nifty Midcap was up 0.7 percent.

Shares of MEP Infrastructure Developers added 6.3 percent intraday as it has won a contract for collection of toll at all entry points to Delhi.

The company has been awarded the letter of award by the office of the director local bodies (Toll Tax Department) to engage as the contractor for South Delhi Municipal Corporation (SDMC).

The company will collect toll tax & environment compensation charge (ECC) at border points from specified commercial vehicles entering Delhi.

Finance Minister Arun Jaitley said the Goods and Services Tax (GST) collections in the first two months have met the target and going forward the revenue will see further surge.

"We are now just finished second month. As a base year of 2015-16, we had to give two hikes of 14 percent each to the states, and for both the months (July and August), with some part of the compensation cess, we are well within that figure," he said at the release of a book titled 'India@70 Modi@3.5'.

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

PERFORMANCE OF THE DAY- 28 Sep 2017

Equity Tips
STOCK FUTURES:

FUTURES INTRADAY:
SELL SIEMENS FUT SEL CALL 3RD TG
BUY NIITECH FUT BUY CALL CALL 3RD TG

PREMIUM FUTURES:
SELL SIEMENS FUT SEL CALL 3RD TG

STOCK CASH

STOCK CASH INTRADAY
BUY COAL INDIA IN CASH  BUY CALL 2ND TG
BUY ADANITRANS IN CASH BUY CALL 3RD TG

STOCK CASH  PREMIUM:
BUY TATACEM IN CASH HOLD FOR TOMORROW
BUY ADANI TRANSMISSION IN CASH BUY CALL HOLD

STOCK SUPER CASH PREMIUM
BUY NIITTECH IN CASH BUY CALL 3RD TG
BUY UBL IN CASH BUY CALL 1ST TG
BUY IRB INFRA IN CASH BUY CALL 2ND TG

EQUITY KING CALL
SELL TITAN FUT OCT HOLD FOR TOMORROW

OPTION STRATEGY
BUY TCS 2550 CALL HOLD FOR TOMORROW

HNI CASH CALL
BUY NIITTECH IN CASH BUY CALL FINAL TG ALMOST
BUY RIIL IN CASH HOLD FOR TOMORROW

HNI OPTION CALL
NIFTY 9700 SEP. PUT FINAL TG 35 WAS ALMOST ACHIEVED HIGH WAS NR 33.45 BOOK SUPER FULL PROFIT

CPE FUTURE CALL
ROCKING PROFIT IN SIEMENS INDIA FUTURE WAS SOLD NR 1216 FINAL TG 1196 ALMOST ACHIEVED LOW 1196 BOOK FULL PROFIT

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

Wednesday, September 27, 2017

INDIAN EQUITY MARKET OUTLOOK - 28 Sep 2017

Equity Tips

Nifty breaks 9700 on F&O expiry day, Sensex mildly lower

Equity benchmarks opened marginally lower on the day of expiry of September derivative contracts.

The 30-share BSE Sensex was down 36.73 points at 31,123.08 and the 50-share NSE Nifty fell 12.25 points to 9,723.50.

ONGC, Aurobindo Pharma, Bharti Infratel and Dr Reddy's Labs were early losers while Tech Mahindra, Wipro, TCS, HCL Technologies and Axis Bank were early gainers.

Nifty Midcap was down 0.14 percent.In broader space, Ipca Labs, DHFL, Reliance Home Finance, ICICI Lombard General and Titan Company were under pressure.

Nifty rollovers were at 45.99 percent versus the lower than 3-month average of 48.78 percent, ICICIdirect said.

Market wide rollover was at 55.26 percent, lower than 3-month average of 57.34 percent.

Highest rollover was observed in DHFL (80 percent), JSW Steel (76 percent), Indiabulls Real Estate (74 percent), Bharat Forge (71 percent) and Bharat Finance (71 percent).

The rupee took more blows today as it slipped 16 paise to a fresh six and a half month low of 65.88 against the dollar that gained clout overseas on talk of a US rate hike and the prospect of monetary stimulus pullout.

The US Fed's policy decision and commentary led to foreign investors heading to the exit door here.Month-end demand from importers for the US currency is at work, forex dealers said.

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

PERFORMANCE OF THE DAY- 27 Sep 2017

Equity Tips
STOCK FUTURES:

FUTURES INTRADAY:
SELL MCDOWELL FUT SEP FINAL TGT
BUY OILINDIA FUT SEP FINAL TGT

PREMIUM FUTURES:
SELL MARUTI FUT SEP FINAL TGT

NIFTY FUTURES:
SELL NIFTY FUTURE SELL  3RD TG

OPTION
BUY MARUTI 7900 PUT SEP  BUY CALL 3RD TG

STOCK CASH

STOCK CASH INTRADAY
SELL RECLTD IN CASH 3RD TG
SELL SIEMENS IN CASH 3RD TG

STOCK SUPER CASH PREMIUM
BUY ICICI LOMBARD (ICICIGI) IN CASH BUY CALL 3RD TG ALMOST
BUY ICICI LOMBARD (ICICIGI) IN CASH BUY CALL 3RD TG ALMSOT
BUY OIL INDIA IN CASH BUY CALL1ST TG

EQUITY KING CALL
BOOK 50% PROFIT NR CMP 2400 IN MCDOWELL FUT SELL CALL AND HOLD 50% FOR TOMORROW FINAL TGT 2380

OPTION STRATEGY
BUY TCS 2550 CALL SEP HOLD FOR TOMORROW
ONGC CALL 170 OCT BOUGHT NR 5 MADE HIGH 6.35 BOOK 50% PROFIT NR IT HOLD 50% FOR TGT 8.

HNI CASH CALL
BUY RIIL IN CASH HOLD FOR TOMORROW
ICICI LOMBARD (ICICIGI) IN CASH BUY CALL MADE HIGH OF 694 BOOK SUPER BUMPER PROFIT NEAR IT AND FINAL TG 700
         
HNI FUTURE CALL
OIL FUT BOUGHT NR 348 TRADING NR 354-355 BOOK 50% PROFIT NR IT HOLD 50% FOR TGT 368 (YESTERDAY CALL )

HNI OPTION CALL
BOOK PARTIAL PROFIT IN NIFTY 9700 SEP. PUT NEAR CMP AROUND 29, FINAL TG IS 35

CPE  FUTURE CALL
BHARAT FORGE FUTURES MADE HIGH 1286.60 BOOK MORE PROFIT NEAR TO IT, FINAL TG 1300
SELL SIEMENS INDIA FUTURES HOLD FOR TOMORROW
BUY DIVIS LAB 800 SEP. PUT HOLD FOR TOMORROW

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

INDIAN BENCHMARKS: SENSEX ENDS DOWN 439 POINTS LOWER, NIFTY CLOSE BELOW 9800

Equity Tips
Equity benchmark indices witnessed a day of correction, in line with the momentum seen in the past few sessions. The Nifty breached another milestone of 9800 and ended below the mark.
The Sensex closed down 439.95 points or 1.39% at 31159.81, while the Nifty ended lower by 135.75 points or 1.38% at 9735.75. The market breadth was negative as 582 shares advanced against a decline of 1,951 shares, while 135 shares were unchanged.

Midcaps, PSU banks and pharma stocks plummeted, while IT stood against the tide and ended almost flat.
TCS, Coal India and Bharti Infratel were the top gainers, while Adani Ports and Sun Pharma lost the most.

HEADLINES OF THE DAY
Aurobindo Pharma receives USFDA form 483 with 2 observations.
Divi's Labs tumbles over new USFDA observations.
India VIX hits 1-month high as Indian Army strikes Naga militants.

The crucial resistance for Nifty spot is now seen at 9780 and above this 9870.Support for the immediate term is now placed at 9710 and next support will be 9665.

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

Tuesday, September 26, 2017

INDIAN EQUITY MARKET OUTLOOK - 27 Sep 2017

Equity Tips
Sensex, Nifty open higher amid volatility; Divis Labs, Sun Pharma dip

Equity benchmarks opened mildly higher amid volatility on Wednesday, ahead of expiry of September derivative contracts tomorrow.

The 30-share BSE Sensex was up 37.18 points at 31,636.94 and the 50-share NSE Nifty rose 5 points to 9,876.50.

About four shares advanced for every share falling on the BSE.

Sun Pharma lost 2 percent post AGM. Divis Labs fell 7 percent on USFDA observations for unit 2. Dr Reddy's Labs was also under pressure.

ICICI Lombard General Insurance Company is set to debut on the bourses today. It has set final issue price at Rs 661 per share, the higher end of price band.

Analysts don't expect strong listing gains as the initial share sale offer that ended last week was oversubscribed 3 times. In addition, equity markets have been subdued from last week, they said.

The reserved portion of qualified institutional investors has oversubscribed 8.17 times while the retail category showed a subscription of 1.22 times and non-institutional investors 0.82 times.

The Rs 5,700-crore public issue, which was opened during September 15-19, had a price band at Rs 651-661 per share.

ICICI Lombard General Insurance is a joint venture between ICICI Bank and Canadian NRI Prem Watsa-promoted Fairfax Financial Holdings.

Nifty rollovers were at 31.13 percent on Tuesday, lower than 3-month average of 37.67 percent, ICICIdirect said.

The market wide rollover was at 37.65 percent versus 3-month average of 35.5 percent.

Highest rollover was observed in Dewan Housing Finance (62 percent), Dabur (59 percent), Glenmark Pharma (55 percent), Biocon (55 percent) and Muthoot Finance (49 percent).

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

PERFORMANCE OF THE DAY- 26 Sep 2017

Equity Tips
STOCK FUTURES:

FUTURES INTRADAY:
SELL MCDOWELL FUT COST EXIT

NIFTY FUTURES:
SELL NIFTY FUTURE S3LL CALL1ST TG

OPTION
GLENMARK 620 CALL SEP 1ST TG

OPTION PREMIUM
BUY IOC 400 PUT SEP 3RDTG ALMOST & HOLD
INDUSINDBANK 1700 PUT EXIT YOUR POSITIONS NEAR AROUND AT PRICE 14.50-15.95
IOC 410 PUT 22ND SEP ON FIREEEEEEEEEEE OUR 3RD TGT 22 ALMOST ACHIEVED, BOOK FULL PROFIT NEAR TO IT

STOCK CASH

STOCK CASH INTRADAY
SELL BPCL IN CASH 2ND TG
SELL HINDPETRO IN CASH 2ND TG

STOCK CASH PREMIUM:
BUY DMART IN CASHBUY 3RD TG
BUY RAJESHEXPO IN CASH 1ST TG

STOCK SUPER CASH PREMIUM
HCL TECH IN CASH 22ND SEP BUY CALL MADE HIGH OF 886.90 BOOK FULL PROFIT NEAR IT
SELL IOC IN CASH SELL CALL1ST TG

EQUITY KING CALL
ONGC FUT TRADING NR 171.75-172 BOOK 50% PROFIT NR IT HOLD 50% FOR TGT 173.5

OPTION STRATEGY
BUY TCS 2550 CALL SEP HOLD FOR TOMORROW
ONGC CALL 170 OCT BOUGHT NR 5 MADE HIGH 6.35 BOOK 50% PROFIT NR IT HOLD 50% FOR TGT 8.

HNI CASH CALL
BUY RIIL IN CASH HOLD FOR TOMORROW
DMART IN CASH BUY CALL MADE HIGH OF 1215 BOOK 50% PROFIT NEAR IT AND REVISE FINAL TG 1325

HNI FUTURE CALL
WOCKPHARMA FUT BOUGHT NR 640 MADE HIGH 650 BOOK 50% PROFIT NR IT HOLD 50% FOR TGT 660
BUY OIL INDIA SEP. FUTURES HOLD FOR TOMORROW

HNI OPTION CALL
BOOK PARTIAL PROFIT IN BHARAT FORGE 1260 SEP. CALL NEAR 24.95, OUR FINAL TG IS 30

CPE FUTURE CALL
BHARAT FORGE FUTURES MADE HIGH 1279.9 BOOK PARTIAL PROFIT NEAR TO IT, FINAL TG 1300

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

INDIAN BENCHMARKS: SENSEX ENDS DOWN 27 POINTS, NIFTY ENDS DOWN FLAT

Equity Tips
Volatility gripped D-Street on Tuesday as benchmark indices ended the session in the red after staging a sharp intraday recovery.
The Sensex closed down 26.87 points at 31599.76, while the Nifty was down 1 points at 9871.5. About 1,524 shares advanced, 997 shares declined, and 166 shares were unchanged.

ONGC, Tata Steel and Vedanta were the top gainers on both indices, while HUL, Dr Reddy’s, Bharti Infratel and BPCL lost the most.

HEADLINES OF THE DAY
Indian Oil, HPCL, BPCL eye expansion in renewable energy business.
Just Dial completes buyback of 22.41 lakh shares.
Allahabad Bank has raised Rs 100 cr through private placement.

The crucial resistance for Nifty spot is now seen at 9942 and above this 10010. Support for the immediate term is now placed at 9830 and next support will be 9775.

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

Monday, September 25, 2017

INDIAN EQUITY MARKET OUTLOOK - 26 Sep 2017

Equity Tips
Sensex, Nifty open flat after yesterday's sharp fall; ONGC gains

Equity benchmarks opened flat on Tuesday after witnessing sharp fall in previous two sessions, and ahead of expiry of September derivative contracts.

The 30-share BSE Sensex was down 8.55 points at 31618.08 and the 50-share NSE Nifty gained 6.90 points at 9,879.50.

Lupin, ONGC, Power Grid and Sun Pharma were early gainers.

Nifty Midcap was up 0.1 percent. Jet Airways, InterGlobe Aviation, SpiceJet, JK Paper and Alkem Labs were down up to 4 percent while REC, Adani Transmission, Avenue Supermarts, Shoppers Stop and DHFL gained 1-6 percent.

The Indian rupee hit a six-month low, opening lower by 14 paise at 65.24 per dollar today versus 65.10 on Monday.

Asian markets were pressured, following declines on Wall Street overnight, as the war of words between North Korea and the US escalated.

Developing Asia is on track to grow faster this year and next, the Asian Development Bank said today, buoyed by a pick-up in world trade and China's expansion, but it flagged risks from tightening US monetary policy.

Developing Asia is expected to grow by 5.9 and 5.8 percent in 2017 and 2018, respectively, the Manila-based lender said.

Banks can no longer hold more than a 10 percent stake in a deposit taking non-banking finance company, with the exception of lenders owning equity in housing finance companies, and also regulated their commodity derivatives play, according to a Reserve Bank of India circular.

State-owned IDBI Bank said it has sold one percent stake in Small Industries Development Bank of India (Sidbi) for an undisclosed amount in a bid to mobilise funds by exiting non-core business.

The bank has sold 53,19,220 shares constituting 1 per cent of the paid up capital of Sidbi, IDBI Bank said in a regulatory filing.

Without disclosing the name of the buyer, the bank said, the sale took place on September 22.

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

PERFORMANCE OF THE DAY- 25 Sep 2017

Equity Tips
STOCK FUTURES:

FUTURES INTRADAY:
SELL CEAT FUTURE 3 TGT  

PREMIUM FUTURES:
BUY UBL FUT FINAL TGT

INDEX OPTION CALL
NIFTY 10100 PUT FINAL TGT FRIDAY CALL

OPTION
BUY HFDC  1760 PUT 2 TGT

OPTION PREMIUM
INDUSIND BANK PUT 1700 ON HOLD

STOCK CASH

STOCK CASH INTRADAY
SELL  DLF CALL 1 TGT
BUY MOTHERSUMI IN CASH 1 TGT

STOCK CASH  PREMIUM:
UBL IN CASH BUY CALL  2 TGT

STOCK SUPER CASH PREMIUM
BUY HCL TECH IN CASH HOLD FOR TOMORROW
BUY UBL IN CASH 2 TGT AND HOLD

EQUITY KING CALL
BAJFINSV FUT SOLD NR 5285 FINAL TGT FRIDAY CALL.
BUY UBL FUT NR  850 BOOKED 50% PROFIT.

OPTION STRATEGY
BUY TCS 2550 CALL SEP HOLD FOR TOMORROW
VOLTAS PUT 520 BOUGHT NR 9 FINAL TGT 13.50 ACHIEVED.

HNI FUTURE CALL
RELIANCE CAPITAL FUTURES FINAL TGT FRIDAY CALL
SELL BAJAJ FINSERV FUTURES FINAL TGT FRIDAY CALL

HNI OPTION CALL
BANK NIFTYT 24500 SEP. PUT FINAL TGT FRIDAY CALL

CPE FUTURE CALL
BUY BANK NIFTY 24500 SEP. PUT BUY NIFTY 10100 PUT FINAL TGT FRIDAY CALL.
UBL FUTURE BUY CALL 50% BOOKED.

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

INDIAN BENCHMARKS: SENSEX ENDS DOWN 296 POINTS, NIFTY BELOW 9900

Equity Tips
Equity benchmarks fell sharply for second consecutive session Monday, weighed by HDFC Group, FMCG, infra and auto stocks.
The 30-share BSE Sensex was down 295.81 points or 0.93 percent at 31,626.63, and the 50-share NSE Nifty fell 91.80 points or 0.92 percent to 9,872.60.
More than three shares declined for every share rising on the BSE.

HEADLINES OF THE DAY
Tata Global Beverages incorporates subsidiary in Russia.
JK Lakshmi Cement tanks post block deal.
Lupin receives USFDA approval for generic Clobex Lotion.

The crucial resistance for Nifty spot is now seen at 9942 and above this 10010. Support for the immediate term is now placed at 9830 and next support will be 9775.

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

Sunday, September 24, 2017

INDIAN EQUITY MARKET OUTLOOK - 25 Sep 2017

Equity Tips
Sensex falls 200 pts, Nifty breaks 9900; Capacit'e debuts at Rs 399

Equity benchmarks started off the week on a negative note, with the Sensex falling more than 100 points, weighed by HDFC twins.

The 30-share BSE Sensex was down 156.59 points at 31,765.85 and the 50-share NSE Nifty fell 41.35 points to 9,923.

Nifty Midcap was down 0.8 percent as about 596 shares declined against advancing 423 shares on the BSE.

The Indian rupee opened lower by 5 paise at 64.84 per dollar today versus Friday's closing value of 64.79 per dollar.

Reliance Industries, HDFC Bank, IOC, Adani Ports, L&T, HDFC, Kotak Mahindra Bank, Axis Bank and Yes Bank were top negative contributors to Sensex' fall, down 0.7-3 percent.

However, TCS, Power Grid, Bharti Infratel, ICICI Bank, ITC, Vedanta and Infosys outperformed.

The Income Tax Department on Sunday concluded raids on premises linked to former Union minister S. M. Krishna's businessman son-in-law VG Siddhartha, who is also founder-owner of Café Coffee Day, the country's largest coffee retail chain, reports The Times of India.

A senior public relations official of the I-T department in Bengaluru confirmed that the department has detected over Rs 650 crore of undisclosed income linked to Siddhartha, after four days of raids.

Shares of Capacit'e Infraprojects had a stellar listing today on investors' demand.

The stock listed with gains of 59.6 percent on its debut at Rs 399 on the exchanges.

The company had a stellar response to its initial public offering, getting oversubscribed 183.03 times.

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

Nifty above 11,550 mark; Bank Nifty hits 30K

The Bank Nifty is trading higher at 29,975.85 levels and hit 30,000 mark. Shares of HDFC Bank extended gains for the fifth consecutive sess...