Showing posts with label Currency Tips. Show all posts
TOP CORPORATE NEWS 09 September 2014
·
Apollo Tyres at record high, to
set up new plant in Hungary
Shares of
Apollo Tyres is setting up a new plant in Hungary at an investment of Rs 3,450
crore and the investment aid given by the country's government has been cleared
by European Commission.
·
Tyre stocks gain as weak rubber,
oil prices to boost margins
Shares of
tyre companies were up 1-3% as lower raw material costs on account of weak
natural rubber and declining crude oil prices would boost margins going
forward.
·
Shares of five new F&O
entrants gain
Share prices of five new
entrants to the future and options (F&O) segment gained. NSE through a
circular said that F&O contracts on Eicher Motors, Motherson Sumi, SKS
Microfinance, Mindtree and TVS Motor would be available starting September 10,
2014.
·
Indusind Bank expands presence
across New Delhi
Indusind
Bank Ltd has opened a new branch across New Delhi. The Bank plans to further
strengthen its presence and customer reach in the country’s capital with more
branches in the coming quarters.
COMMODITY MARKET STRATEGY 26 August 2014
BASE METAL WRAP: Aluminium in London climbed for a second day following Alcoa Inc.’s decision to close a smelter in Italy and before durable goods orders data from the U.S., the second-largest consumer of industrial metals.
ENERGY WRAP: West Texas Intermediate traded near the lowest price in seven months before supply data that will signal the strength of fuel demand in the U.S, the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold held losses near a two-month low on speculation that the U.S. Federal Reserve will raise borrowing costs next year, strengthening the dollar and damping demand for an alternative investment.
GLOBAL EVENTS TO WATCH: Trade Balance, CB Leading Index m/m, Core Durable Goods Orders m/m, Durable Goods Orders m/m, HPI m/m, S&P/CS Composite-20 HPI y/y, CB Consumer Confidence, Richmond Manufacturing Index.
INDIAN BENCHMARKS end at record closing high
INDIAN EQUITY BENCHMARKS ended at fresh life time high
on positive global cues and a sharp decline in crude oil prices.
·
Tata Motors DVR jumped 5.6 percent after
a report in the Times of India newspaper that Indian exchanges may consider
admitting such shares on their benchmark indexes.
·
Further, Jubilant Foodworks gained 6.2
percent after Bank of America Merrill Lynch started coverage with a buy rating
and a target price of 1,375 rupees, saying the company is in a "sweet
spot" in the large and high-growth quick service restaurants market.
The crucial resistance for Nifty is now seen at 7910
and above this 7945. Support for the immediate term is now placed at
7780 and next support will be 7740.
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TOP CORPORATE NEWS 06 AUGUST 2014
·
Apollo Tyres Q1 net profit jumps
37%, EBITDA disappoints
Apollo Tyres
disappointed with operational performance. Net profit grew by 37.4 percent to
Rs 228 crore in the quarter ended June 2014 aided by other income. Profit in
the year-ago period was Rs 165.9 crore.
·
Amara Raja Batteries Q1 net up 8%
on strong revenue growth
Amara Raja
Batteries reporting a 8.3 percent growth in profit after tax at Rs 106 crore in
April-June quarter of current financial year 2014-15 driven by higher sales
growth despite higher depreciation cost. Profit in the year-ago period was Rs
97.8 crore.
·
Adani Ports Q1 net profit jumps
36% at Rs 568 cr
Adani Ports Q1FY15
(April-June) consolidated net profit jumped 36 percent at Rs 568 crore versus
Rs 417.5 crore in a year ago period. The consolidated total income was down
14.6 percent at Rs 1,261.6 crore versus Rs 1,478.4 crore, Y-o-Y.
·
IDBI Bank Q1 profit falls 66% on
lower other income, NII
IDBI
Bank reported net profit in April-June (Q1FY15) quarter plunged 66
percent to Rs 105 crore on account of lower other income and net interest
income but supported by lower provisions. Profit in the year-ago period was Rs
307 crore.
CS PERFORMANCE MESSAGE 06 AUGUST 2014
STOCK
FUTURES:
FUTURES
INTRADAY:
APOLLO TYRE
FUTURES SELL CALL 3 TG
UPL LTD
FUTURES BUY CALL 2 TG
DABUR INDIA
FUTURES BUY CALL 1 TG
SYNDICATE
BANK FUTURES SELL 1 TG
M&M
FUTURES BUY CALL BOOKED AT 1249
UNION BANK
FUTURES BUY CALL COST EXIT
ADANI PORT
FUTURES SL TRIGGERED
PREMIUM
FUTURES:
AXIS BANK
FUTURES 1 TG
NIFTY
FUTURES:
BANK NIFTY
FUTURES SELL CALL 2 TG
OPTION:
ADANIENT
450 CALL 3 TG
OPTION
PREMIUM:
STOCK
CASH:
STOCK
CASH INTRADAY:
INOX
LESIURE BUY CALL 2 TG
LLIBERTY
SHOES SELL CALL 2 TG
APOLLO
TYRES SELL CALL 2 TG
AMARA RAJA
BATTERIES BUY CALL COST EXIT
STOCK
CASH PREMIUM:
SYNDICATE
BANK SELL CALL BOOKED AT 130.50
CapitalStars Financial Research Pvt. Ltd.
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
Tel.: +91 731 6790000 , 6669900,
E-mail : info@capitalstars.com,
Plot No. 12, Scheme No. 78, Part – II,
Vijay Nagar, INDORE 452010 (M.P)
TOP CORPORATE NEWS 05 August 2014
·
Tata Chemicals gains after strong
Q1 results
Tata
Chemicals rose 1.95% after consolidated net profit jumped 133.34% to Rs 175.50
crore on 17.41% growth in total income from operations to Rs 3846.64 crore in
Q1 June 2014 over Q1 June 2013.
·
Cairn may get 10-year extension
for Rajasthan block
Cairn India
is planning to get a 10-year extension for its license to explore and produce
oil and gas from the prolific Rajasthan block.
·
Ajanta Pharma tumbles after Q1
earnings
Ajanta Pharma slumped
9.22% after net profit surged 80% to Rs 59 crore on 32% growth in revenue from
operations to Rs 287 crore in Q1 June 2014 over Q1 June 2013.
·
Bajaj Auto receives order for
40,000 Discovers from Sri Lanka
Bajaj Auto
has received an order for 40,000 Discover motorcycles from the Sri Lanka
government. The management expects the exports which stood at 1.69 lakh for the
month of July to rise to between 1.85 to 1.90 units in the coming few months.
COMMODITY MARKET STRATEGY 05 AUGUST 2014
BASE METAL WRAP:
Copper rose on Monday as a rally in China's stock markets indicated
improving prospects for demand in the world's largest consumer of the
industrial metal, although growing global supplies kept investors cautious.
ENERGY WRAP: West Texas
Intermediate crude traded near the highest price in three days before supply
data that will signal the strength of fuel demand in the U.S., the world’s
biggest oil consumer. Brent in London was steady.
PRECIOUS METAL WRAP: Gold held below $1,300
an ounce as Portugal’s bailout of Banco Espirito Santo SA reduced concern the
lender’s crisis may spread and tension in Gaza eased, damping demand for a
haven. Silver rose from a six-week low.
GLOBAL EVENTS TO WATCH: Trade Balance, HSBC Services PMI, Cash Rate,
RBA Rate Statement, Services PMI, Final Services PMI, ISM Non-Manufacturing
PMI, Factory Orders m/m, IBD/TIPP Economic Optimism.
Top Corporate News 04 August 2014
• Petronet LNG Q1 net profit at Rs1566mn
Petronet LNG Ltd has posted a net profit of Rs. 1566.00 mn for the quarter ended June 30, 2014 as compared to Rs. 2253.20 mn for the quarter ended June 30, 2013.Total Income has increased from Rs. 84594.40 mn for the quarter ended June 30, 2013 to Rs. 101961.40 million for the quarter ended June 30, 2014.
• Ipca Laboratories Q1 net profit at Rs1454.90 mn
Ipca Laboratories Ltd has posted a net profit of Rs. 1454.90 mn for the quarter ended June 30, 2014 as compared to Rs. 717.70 million for the quarter ended June 30, 2013. Total Income has increased from Rs. 8100.10 million for the quarter ended June 30, 2013 to Rs. 9422.50 million for the quarter ended June 30, 2014.
• OBC turns volatile after Q1 results
Oriental Bank of Commerce rose 0.73% after net profit rose 3.15% to Rs 364.54 crore on 6.09% growth in total income to Rs 5576.02 crore in Q1 June 2014 over Q1 June 2013.
• Tata Power slips in volatile trade
Tata Power Company slipped 0.37%, with the stock reversing initial gain triggered by the company's subsidiary deciding to repay bonds worth $450 million ahead of its due date.
Petronet LNG Ltd has posted a net profit of Rs. 1566.00 mn for the quarter ended June 30, 2014 as compared to Rs. 2253.20 mn for the quarter ended June 30, 2013.Total Income has increased from Rs. 84594.40 mn for the quarter ended June 30, 2013 to Rs. 101961.40 million for the quarter ended June 30, 2014.
• Ipca Laboratories Q1 net profit at Rs1454.90 mn
Ipca Laboratories Ltd has posted a net profit of Rs. 1454.90 mn for the quarter ended June 30, 2014 as compared to Rs. 717.70 million for the quarter ended June 30, 2013. Total Income has increased from Rs. 8100.10 million for the quarter ended June 30, 2013 to Rs. 9422.50 million for the quarter ended June 30, 2014.
• OBC turns volatile after Q1 results
Oriental Bank of Commerce rose 0.73% after net profit rose 3.15% to Rs 364.54 crore on 6.09% growth in total income to Rs 5576.02 crore in Q1 June 2014 over Q1 June 2013.
• Tata Power slips in volatile trade
Tata Power Company slipped 0.37%, with the stock reversing initial gain triggered by the company's subsidiary deciding to repay bonds worth $450 million ahead of its due date.
Sensex hovers around 25,600; auto stocks gain
Rate sensitives gain ahead of RBI's policy review tomorrow
Markets were
firm in early noon trades supported by gains in interest sensitives
ahead of RBI's policy review tomorrow. At 1205 hrs, the Sensex was up 132 points at 25,613 and the Nifty gained 50 points to trade at 7,652.
In the broader market, the smallcap index outperformed the BSE benchmark with gains of 1%. Meanwhile, the midcap index was up 0.6%.
The rupee is trading at 60.90/91 versus Friday's close of 61.18/19, tracking losses in the dollar compared with most other Asian currencies. The pair is seen in 60.80 to 61.20 range during the session.
In the broader market, the smallcap index outperformed the BSE benchmark with gains of 1%. Meanwhile, the midcap index was up 0.6%.
The rupee is trading at 60.90/91 versus Friday's close of 61.18/19, tracking losses in the dollar compared with most other Asian currencies. The pair is seen in 60.80 to 61.20 range during the session.
Sectors & Stocks
Health Care index down 0.2% was the only sectoral index in red.
Consumer Durables, Auto, IT indices were up 1-2.5%.
Banking index up 0.5% have come off day highs.
HDFC twins, Sun Pharma, Coal India, Bharti Airtel and Cipla down 0.8-1.7% were the losers among Sensex-30.
Consumer Durables, Auto, IT indices were up 1-2.5%.
Banking index up 0.5% have come off day highs.
HDFC twins, Sun Pharma, Coal India, Bharti Airtel and Cipla down 0.8-1.7% were the losers among Sensex-30.
COMMODITY MARKET STRATEGY 04 AUGUST 2014
BASE METAL WRAP: London
copper was a tad firmer on Monday after weak U.S. employment data
soothed concerns that the Federal Reserve would soon begin to draw back
liquidity that has cushioned demand for metals.
ENERGY WRAP:
West Texas Intermediate crude traded near the lowest price in six
months before data that will signal the strength of the economy in the
U.S., the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP:
A slew of worries fueled by U.S. and European data, Argentina's default
on its debts and conflict in Ukraine and in the Middle East sent
investors rushing to safe-harbor gold positions on Friday.
GLOBAL EVENTS TO WATCH: Retail Sales m/m, Construction PMI, Loan Officer Survey.
TOP CORPORATE NEWS
·
Union Bank zooms on strong
quarterly results
Union Bank
of India surged 7% after the company posted 19% rise in the net profit at Rs
664 crore for the quarter ended June 30, 2014 as against Rs 560 crore for the
same period last year.
·
DLF Q1 net profit at Rs1277.70 mn
DLF Ltd has
posted a net profit/(loss) after taxes, minority interest and share in
profit/(loss) of associates of Rs. 1277.70 mn for the quarter ended June 30,
2014 as compared to Rs. 1811.90 mn for the quarter ended June 30, 2013.
·
HDIL Q1 net profit at Rs56.7
crores
HDIL has announced its
results for Q1 ended 30th June 2014. Consolidated Total Income stands at Rs.
256.13 crores and PAT available for appropriation is Rs. 56.7 crores.
·
JSW Steel Q1 net profit at Rs. 8bn
JSW Steel
Ltd has announced the result for the quarter ended June 30, 2014. Total Income
has increased from Rs. 94304.10 million for the quarter ended June 30, 2013 to
Rs. 116443.40 million for the quarter ended June 30, 2014
COMMODITY MARKET STRATEGY 01 AUGUST 2014
BASE METAL WRAP:
London copper eased on Friday after a rout on Wall Street over
Argentinian default soured risk appetite and ahead of a deluge of economic
indicators out later in the session, including an assessment of activity in
China's vast manufacturing sector.
ENERGY WRAP: West Texas
Intermediate fell for a fifth day after capping the biggest monthly decline in
more than two years amid signs of weaker fuel demand in the U.S., the world’s
biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold headed for a
third weekly loss in the longest run of declines since September as U.S.
employment data may add to signs that the world’s largest economy is gaining
traction.
GLOBAL EVENTS TO WATCH: Manufacturing PMI,
PPI q/q, HSBC Final Manufacturing PMI, BOJ Gov Kuroda Speaks, Manufacturing
PMI, Non-Farm Employment Change, Unemployment Rate, Average Hourly Earnings
m/m, Core PCE Price Index m/m, Personal Spending m/m, Personal Income m/m,
Final Manufacturing PMI, Revised UoM Consumer Sentiment, Revised UoM Inflation
Expectations, ISM Manufacturing PMI, Construction Spending m/m, ISM
Manufacturing Prices, Total Vehicle Sales.
INDIAN BENCHMARKS snap 8 day rally… Nifty below 7800.
INDIAN EQUITY BENCHMARKS fell
after hitting a record high for a third straight day as investors booked
profits after majority of the quarterly earnings announced by corporate
Inc disappointed.
• Further, Colgate Palmolive India Ltd has announced results for the quarter ended June 30, 2014 net profit down 27.16% at Rs134.91 crore vs Rs185.22 crore YoY. Total Income up 9.86% at Rs963.35 crore vs Rs876.81 crore YoY.
• The government plans to sell a 5% stake in state-run Steel Authority of India Ltd (SAIL) this fiscal year ending March.
The crucial resistance for Nifty is now seen at 7850 and above this 7880. Support for the immediate term is now placed at 7750 and next support will be 7700.
• Further, Colgate Palmolive India Ltd has announced results for the quarter ended June 30, 2014 net profit down 27.16% at Rs134.91 crore vs Rs185.22 crore YoY. Total Income up 9.86% at Rs963.35 crore vs Rs876.81 crore YoY.
• The government plans to sell a 5% stake in state-run Steel Authority of India Ltd (SAIL) this fiscal year ending March.
The crucial resistance for Nifty is now seen at 7850 and above this 7880. Support for the immediate term is now placed at 7750 and next support will be 7700.
NEWS TO WATCH:
• Watch out Quarterly Earnings of Bank of Baroda, Dabur India, L&T, HUL, Havells India, UPL on 28TH July 2014.
For
Quick Trial – 0731-6790000 ✔
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INDIAN BENCHMARKS hit record high on FDI hike in insurance.
INDIAN
EQUITY BENCHMARKS rose to a record high for a second straight session after
cabinet approval for a higher FDI limit in insurance and a reorganization in
foreign debt limits reinforced optimism about the government's reform agenda.
·
Further, Wipro has announced the results for the
quarter ended June 30, 2014 net profit of the company rose by 54.49% to Rs
2067.20 crore Vs Rs 1338.00 crore YoY. Total Income increased by 18.62% to Rs
10574.50 crore Vs Rs 8914.30 crore YoY.
·
Ambuja Cements has announced results for the
quarter ended June 30, 2014 net profit of the company rose by 26.06% to Rs
408.70 crore Vs Rs 324.20 crore YoY. Total Income increased by 16.61% to Rs
2858.14 crore Vs Rs 2450.91 crore YoY.
The
crucial resistance for Nifty is now seen at 7850 and above this 7880.
Support for the immediate term is now placed at 7770 and next
support will be 7750.
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NEWS TO WATCH:
·
Watch out Quarterly Earnings of
Allahabad bank, Indian Bank, Just Dial, Kalindee Rail , PNB, UCO bank, Colgate,
LIC Hsg Finance, Shriram Transport Finance 25TH July 2014.
