Economic Times

Economic Times

 

Business Standard

Ø  Sajjan Jindal plans JSW group ownership restructuring

Ø  DoD: Disinvestment target to be down to Rs 30k cr 

Ø  WTO sees up to $3.6 trillion boost to trade from deal to cut red tape

Ø  'Nestle to resume Maggi sales in India next month'

Ø  LIC and Indian Railways develop a bond worth Rs 2,000 cr

Ø  45% crop shortfall likely to keep dal prices high

 

Ø  IndiGo's anchor book mops up Rs 832 crore

Ø  India-Africa Forum Summit begins with an aim at stronger trade ties

Ø  Govt likely to launch 3 gold schemes on November 5

Ø  Nippon to acquire 23% stake in Reliance Life for Rs 2,500 cr

Ø  Essar Projects-Saipem JV awarded KNPC's $1.6 billion EPC contract

Ø  HFCL to start Chennai optical fibre plant from Nov 15

Bank Nifty Key Levels

Bank Nifty Key Levels
Support 1 – 17565 Resistance 1 – 18040
Support 2 – 17430 Resistance 2 – 18220

Nifty key levels

Nifty Key Levels
Support 1 – 8215 Resistance 1 – 8300
Support 2 – 8170 Resistance 2 – 8335

Today's Key Result

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

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, FIIs F&O

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

BUY GODREJCP

Cash Intraday: BUY GODREJCP @ 1285-1290 SL 1273 TRG 1328

Bank Nifty Levels

Bank Nifty Key Levels
Support 1 – 17850 Resistance 1 – 18175
Support 2 – 17720 Resistance 2 – 18300

Nifty Levels

Nifty Key Levels
Support 1 – 8280 Resistance 1 – 8360
Support 2 – 8215 Resistance 2 – 8400

Financial Express

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

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

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

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

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

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

SELL NSEFUT

SELL NSEFUT SKSMICRO OCT @ 458-461 SL 465 TRG 448

BUY TCS

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

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%