Today's Key Result
27th Oct
Axis Bank( Cog Est Net1879 Cr +17% Yoy Time- During mkt)
Lupin( Cog Cons Est Net Rs 707cr +12% Yoy Time- During Mkt)
Maruti(Cog Est Net 1228cr + 42% Yoy Time- During Mkt)
Vedanta ( Cog Cons Est Net 500cr -69% Time- During Mkt)
Alembic Pharma, Arshiya,Cat ltd,Dish Tv,Kpr Mill,Mahindra Holiday, Shasun Pharma,Stride Arcolab,Supreme Petro,Tata Comm,Thermax,Trident, Tvs Motor
Market Update:
Sgx Nifty -2 pts
Dow -23.65 pts ,Nsdq +2.84 pts , S&P -3.97 pts ,Bovespa -387 pts , Ftse -27 pts , Dax +6 pts, Cac -26 pts, Nikkei -23 pts, now, Crude @ $43.87 brl (-0.11), Brent @ $47.54 (-0.45) , Gold @ $1164.60 (-1.60), Silver @ $15.87 (-0.03), Euro @ $1.1051, JPY @ $120.9200, INR @ $64.9650
26-Oct: Prov Cash: Rs.crs:
FIIs: +724.51 (4111.58-3387.07)
DIIs: -530.78 (1115.08-1645.86)
Cash Vol: 16826 vs 18125, -7%
F&O Vol: 276436 vs 234027, +18%
26-Oct: FIIs F&O: Rs.crs:
# Net BUY +103
Indxfu +1332
Indxop -575
Stkfut -475
Stkopt -179
Bank Nifty Key Levels
Support 1 – 17850 Resistance 1 – 18175
Support 2 – 17720 Resistance 2 – 18300
Nifty Key Levels
Support 1 – 8280 Resistance 1 – 8360
Support 2 – 8215 Resistance 2 – 8400
Financial Express
Ø Income Tax department to roll out 'pilot' project for scrutiny assessment
Ø Risk-on carry trade back in global financial markets
Ø US Fed will weigh up ECB's push as it sets rates message
Ø Air Costa in funding talks ahead of launch of pan-India operations
Ø Gold-related schemes to be launched on the eve of Diwali: PM
Ø FPIs net inflow tops Rs 19k cr in Oct, a 6-mth high
Ø Sebi wants MFs to join e-commerce bandwagon
Ø GE’s India unit to export med equipments to Africa, ASEAN
Business Line
Mint
Ø ‘The regulator has the right to tell us what to do’
Ø ‘Sin tax’ for alcohol, tobacco industries in GST regime
Ø MEP Infra targets highway projects, seeks private equity partnerships
Ø DLF plans to monetise some more housing projects thu PE
Ø Demand for wellness, preventive-care treatment rising across country
Ø Sunteck Realty to invest Rs 1K cr to acquire distressed assets
Ø Lava to invest Rs500 crore to set up manufacturing plant in Andhra Pradesh
Ø Competitor offers $1 rival to Turing Pharmaceuticals’ $750 pill
Ø M&A deals worth $25 bn signed in January-September: Mergermarket
Ø IIFL Holdings Q2 profit rises 28% to Rs140 crore
Ø Bank unions call for nationwide strike on 2 December
Economic Times
Business Standard
Ø IMF to include yuan in benchmark currency basket
Ø China banks seek more capital as bad loans pile up
Ø China growth rate may fall below 7%: Premier Li Keqiang
Ø Volkswagen may offer discounts to owners of cars with illicit software: Report
Ø UK nuclear deterrent to cost 167 billion pounds
Ø Sebi mulls mandatory 'Dividend Policy' for listed companies
Ø Modi govt plans to reward made-in-India innovations
Ø India's e-tail sees 3-fold growth in a year
Ø Bankers expect special audit report on Amtek Auto by next week
Ø Welspun Group eyes $5 bn revenue by 2020
Ø New energy norms for urea plants may save Rs 800 cr in subsidy
Ø Govt telcos in talks with pvt operators to share spectrum
Ø Henkel has option to invest in Jyothy
Ø Sept raises temperature of fuel sector
Indian Adr/Gdr
Infy:+2.53%, Wit:+0.82%
Ttm:+2.06%, Rdy:+1.81%
Hdb:+0.38%, Ibn:+1.56%
SBID:+1.81%, RIGD:+0.65%
Market Update:
Sgx Nifty +48 pts
Dow +157.54 pts ,Nsdq +111.81 pts , S&P +22.64 pts ,Bovespa -175 pts , Ftse +67 pts , Dax +302 pts, Cac +121 pts, Nikkei +184 pts, now, Crude @ $44.63 brl (+0.03), Brent @ $47.94 (+0.06) , Gold @ $1163.30 (+0.30), Silver @ $15.83 (+0.00), Euro @ $1.1029, JPY @ $121.1700, INR @ $64.8288
Today's Key Result
26th Oct
Bharti Airtel(Cog Cons Est Net 905cr -35% Yoy)
Hdfc( Cog Est Net 1462cr +8% Yoy)
Advanta,Aptech,Asian Granito,Blue Star,Emkay Global,Entertain Net,Hester Science,Hfcl,Hind Media,Hitachi Home,Inox, Moldtek,Peninsula,Rane Eng,Ster Tech,Super Sales,Upl,Vikas Global,Wonderla
BUY TCS @ 2490-2500 SL 2448 TGT 2600 | 5-10 Days
In last five months, the prices have been trading in a range of `2450 to `2770 and prices are trading at the support end of the range post recent correction.
Around the support zone, the stock has formed a ‘Gravestone Doji’ candlestick pattern in yesterday’s trading session, which can be a trigger for the short term up move in the counter.
The ‘Stochastic’ indicator is giving positive crossover with its average from the oversold territory in the daily chart, indicating a bounce on cards.
Looking at the above technical evidences, we are expecting a pullback move in the stock. Thus, we advise traders to buy this stock from current level and on a correction up to ` 2490 for a target of ` 2600 in coming 5 to 10 trading sessions. The stop loss for this trade set up can be kept at ` 2448.
Bank Nifty Levels
Support 1 – 17730 Resistance 1 – 17960
Support 2 – 17580 Resistance 2 – 18175
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
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:
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'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
