Bank Nifty Levels

Bank Nifty Levels
Support 1 – 17730 Resistance 1 – 17960
Support 2 – 17580 Resistance 2 – 18175

Nifty Levels

Nifty Levels
Support 1 – 8230 Resistance 1 – 8320
Support 2 – 8190 Resistance 2 – 8350

Indian Adr/Gdr

Indian Adr/Gdr

Infy: -0.67%,       Wit: -0.24%
Ttm: -0.21%,      Rdy:+3.58%
Hdb: -0.06%,       Ibn: -1.74% 
SBID:+0.03%,  RIGD:+3.47%

Today's Key Result

Today's Key Result
20th Oct

ACC ( Cog Cons Est Net 153Cr -20%Yoy Time-After mkt)
Hero Motoco( Cog Est Net 729cr -4% Yoy Time-After mkt)
Adani Trans,Aro Granite,Bajaj Finance,Bajaj Finserv,Basf,Bayer Crop,Biocon,Canfin Home,Cont Corp,Dewan Hous,Federal Bank, Foseco,Hatsun Agro,Inter Paper Appm,Jyothi Lab,Kajaria Cer, Mphasis,Rane Madras,Sanofi, Syngene,Welspun,Zee Media,Zensar

Market Update

Market Update:
Sgx Nifty +2 pts‎
Dow +14.57 pts ,Nsdq +18.79 pts , S&P‎ +0.55 pts ,Bovespa +211 pts , Ftse -25 pts , Dax +59 pts, Cac +1 pts, Nikkei  +115 pts, now, Crude @ $46.15 brl (+0.26), Brent @ $48.61 (-1.85) , Gold @ $1169.00 (-4.00), Silver @ $15.80 (-0.03), Euro @ $1.1327, JPY @ $119.4800, INR @ $64.8050
 

Today Result

Today's Key Result
19th Oct

HCL Tech( Cog Cons Est Net 1779cr - 5% Yoy)
Ultratech Cem( Cog Cons Est Net 457cr +10% Yoy)
Blue Star Info,Gati ltd,Gruh Fin,Heritage Food,Hind Zinc,Kesoram,Kitex Garment,Mah Scooter,Mang Chem,Motilal Oswal,Petronet Lng,Rane Brake,Sks Micro,Tinplate

Market Update

Market Update:
Sgx Nifty -18 pts‎
Dow +74.22 pts ,Nsdq +16.59 pts , S&P‎ +9.25 pts ,Bovespa +74 pts , Ftse +39 pts , Dax +39 pts, Cac +27 pts, Nikkei  -31 pts, now, Crude @ $47.30 brl (+0.04), Brent @ $50.50 (+0.04) , Gold @ $1177.40 (-5.70), Silver @ $16.02 (-0.09), Euro @ $1.1369, JPY @ $119.2800, INR @ $64.8150

Result Review

Result Review

LIC HOUSING FINANCE (CMP: `490 / TP: `570 /Upside: 16.3%)

LIC Housing Finance reported 2Q FY2016 results, which were above consensus estimates, with PAT at INR 411.7 cr reflecting a growth of 21% yoy. NII grew substantially at 34% yoy, aided by healthy loan book growth of 17% yoy and higher margins, leading to 31% yoy growth in operating income at INR 780.3 cr. Provisioning expenses for the quarter came in at INR 30.1cr as compared to INR 44.3cr in 1QFY2016 and a writeback of INR 19.03 cr in 2QFY2015. We await clarity from the management regarding the asset quality performance during the quarter. The stock currently trades at 2.4x FY2017E ABV. We recommend BUY rating on the stock.

Nifty Levels

Nifty Levels
Support 1 – 8130 Resistance 1 – 8225
Support 2 – 8090 Resistance 2 – 8250

Bank Nifty Levels
Support 1 – 17434 Resistance 1 – 17842
Support 2 – 17350 Resistance 2 – 17910

Today's Key Result

Today's Key Result
16th Oct

Reliance( Cog Est Net 6012cr +5% Yoy)
Agro tech Food,Chowgule Steam,Edelweiss,International Comb,Niit Tech,Swaraj Eng,Tata Metals,Tata Sponge

Indian Adr/Gdr

Indian Adr/Gdr

Infy:+1.19%,      Wit:+1.30%
Ttm:+7.53%,     Rdy: -0.26%
Hdb:+1.68%,      Ibn:+2.49% 
SBID:+2.16%,  RIGD:+0.50%‎

Market Update

Market Update:
Sgx Nifty +33 pts‎
Dow +217.00 pts ,Nsdq -87.25 pts , S&P‎ +29.62 pts ,Bovespa +450 pts , Ftse +69 pts , Dax +148 pts, Cac +66 pts, Nikkei  +143 pts, now, Crude @ $46.89 brl (+0.46), Brent @ $48.71 (-0.44) , Gold @ $1181.60 (-5.90), Silver @ $16.09 (-0.07), Euro @ $1.1366, JPY @ $119.0900, INR @ $64.8250
 

WPI Inflation

September WPI Inflation at -4.54% vs expected -4.42%.

Today's Key Result 14th Oct

Today's Key Result
14th Oct

Hind Unilever( Cog Est Net 1034cr +5 % Yoy Time -During Mkt)
Zee Enter( Cog Est Net 238cr +5% Yoy Time -During Mkt)
Dic Ind,Goa Carb,Hinduja Vent,Network 18,Rasoi, Ttk Prestige,Tv18

Indian Adr/Gdr

Indian Adr/Gdr

Infy: -1.96%,      Wit: -0.80%
Ttm: -0.15%,     Rdy: -1.01%
Hdb: -3.12%,      Ibn: -1.99% 
SBID:-0.53%,  RIGD: -0.33%
‎

Market Update‎

Market Update:‎
Sgx Nifty -11 pts‎
Dow -49.97 pts ,Nsdq -42.03 pts , S&P‎ -13.77 pts ,Bovespa -1980 pts , Ftse -28 pts , Dax -87 pts, Cac -45 pts, Nikkei  -157 pts, now, Crude @ $46.67 brl (+0.01), Brent @ $49.24 (-0.62) , Gold @ $1167.70 (+2.30), Silver @ $15.89 (-0.01), Euro @ $1.1392, JPY @ $119.6700, INR @ $65.1850

FII Activity Yesterday

FII Activity Yesterday :

Yesterday, FIIs were net buyers in both cash market segment and in Index Futures. They bought equities to the tune of Rs. 480 crores and Index Futures of Rs. 251 crores with rise in OI, suggesting good amount of fresh long formation in last trading session.

In Index Options front, FIIs bought of Rs. 468 crores with rise in OI. In call options, 8400-8500 strikes added decent build-up; we believe it’s more of writing. While in put options, huge OI addition was seen in 8000-8200 and 7700 strikes. Maximum OI is seen in 8300 call and 7800 put options. 8150-8200 is a major resistance for market; we suggest waiting and watching these levels before forming any fresh position in Nifty.

News

News

Ø  IMF: India to grow faster than China at 7.5%;

Ø  Open to different options on Land Bill issue: Govt

Ø  Rel Jio may push Airtel to buy Aircel's 4G spectrum

Ø  FM Jaitley promises rational personal taxes

Ø  Adani Enterprises buys out Glencore's stake in JV

Ø  IMF warns slow China, urges Beijing to float yuan

Ø  Government begins roadshows for NTPC, BEL disinvestment

Ø  Govt drops Greenpeace India from its list of environmental NGOs

Ø  Govt hopes to roll out GST next year: Modi

Ø  ONGC-RIL row: Technical consultant report set to be delayed

Ø  Mah clears two Mumbai metro routes worth Rs 12,618 cr

Ø  10-year bond yield may touch 7.40% by end Dec: BS Poll

Ø  Defence companies in India to form industry alliance

Ø  European crisis will bend but not break Tata Steel

Ø  IL&FS, GIFT sign MoU with Siemens to develop smart mobility solutions

Ø  Govt panel recommends parity in taxation of various CSR activities

Ø  Sterling Generators plans Hosur facility to cut logistics cost

Ø  Suzlon bags repeat order from Orange for 100.8 MW

Ø  Arvind to double revenues from Tresca brand in 3 years

Ø  Cafe Coffee Day parent to launch IPO on 14 October

Ø  Aditya Birla Nuvo to sell 49% in renewables unit to Abraaj

Ø  Edelweiss setting up $1 bn real estate fund

Ø  Adani faces further delays over Australian coal mine permit

Ø  Parag Milk Foods files for IPO to raise Rs325 crore

Ø  India takes 17% more Iran oil in September than in August

Ø  Sensex rises for 5th consecutive session, Nifty settles above 8,150

Ø  Anil Ambani's Reliance MediaWorks sells 9.75% in Prime Focus for Rs 155 cr

Ø  Credit Suisse upgrades Coal India, NTPC to 'outperform' from 'neutral'

Ø  Terrorism has long-lasting impact on Indian economy: Moody's

Ø  Profit of Sensex firms likely to fall 3.7% in Q2: BofA-ML

Ø  Rational personal taxes, flat 25% corporate tax in 4 yrs: FM

Ø  Infibeam's Rs 450-cr IPO gets Sebi nod

Ø  Steel sector set to miss 300 mt output goal by 2025

Ø  Over Rs 77,000 cr fly out of mutual funds in Sept

Ø  ndiaFirst receives Rs 150 cr capital from promoters

Indian Adr/Gdr

Indian Adr/Gdr

Infy: -2.26%,      Wit: -0.16%
Ttm:+2.43%,     Rdy: -1.80%
Hdb: -0.50%,      Ibn: -2.85% 
SBID:+0.64%,  RIGD:+1.99%

Market Update

Market Update:                                                                       Sgx Nifty -10 pts‎
Dow +13.76 pts ,Nsdq -32.91 pts , S&P‎ -7.13 pts ,Bovespa +137 pts, Ftse +27 pts , Dax +88 pts, Cat +43 pts, Nikkei  -33 pts , now, Crude @ $48.72 brl (+0.09), Brent @ $51.92 (+2.67) , Gold @ $1146.90 (+0.50), Silver @ $15.92 (-0.06), Euro @ $1.1273, JPY @ $120.2600, INR @ $65.4125