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Morning Calls

Rating agency Moody’s upgrades India’s govt bond rating to Baa2 from Baa3 Changed the outlook on the rating to stable from positive Says continued progress on economic and institutional reforms will, over time, enhance India’s high growth potential....

Morning Calls

Religare Enterprises to be on focus, as company’s management change and net loss narrow from first quarter reflect on share price. CRISIL to buy entire stake in Pragmatix Services for Rs 56 crore. RBL Bank acquired additional 2.08 percent stake in Swadhaar Finserve,...

Morning Calls

Indiabulls Housing Finance sells 10% stake in OakNorth Bank for Rs 770 cr to GIC Singapore. HOEC is the first out of the 31 Cos that signed contracts for fields won in the March auction, to have submitted a field development plan. Dr Reddy’s Laboratories launches...

Morning Calls

Bharti Airtel plans to raise $400 million (Rs 2,617.2 crore) by selling 3.5 per cent in listed tower unit Bharti Infratel. Simplex Infra bags Rs 1,080 crore Mumbai metro job. Havells India Signs a pact with South Korea’s Hyundai Electric for supply of low and medium...

Weelky Report on 13.11.2017

We saw a protracted weakness in the past few trading sessions & Nifty finally closed 1.25% lower on weekly basis. However, given the primary bull market that we are in, there is no structural change in the technical evidences as yet and we continue to look for...

Morning Calls

Mcleod Russel to enter 50:50 stake joint venture with Greendale India for development of packaged tea business. AXIS BANK To raise Rs 11,626 Cr in a share & warrants sale to Bain Capital, Capital International & LIC Bain & Capital’s will bring in...

Morning Calls

NTPC: Commissioned 50MW wind project in Gujarat. SAIL: The government on Thursday said it has asked state owned SAIL and the world’s largest steelmaker ArcelorMittal to expedite setting up of their proposed joint venture for a Rs 5,000-crore auto-grade steel...

Morning Calls

Pricol: JV with Hong Kong based-Zorg industries. Indian Hotes: Tata sons raises stake in Indian Hotels by 1.78% to 29.79%. Jet Airways offers up to 30 percent discount on international flight fares till Nov.14. Bombay Dyeing: Revenue up 42.68%. Net profit at 53 cr Vs...

Morning Calls

Three Pillars will sell 19.99 crore shares of #Bharti Airtel in a price range between Rs 473 and Rs 490 per share. India has initiated an anti-dumping probe into imports of a certain kind of paper from Indonesia, Thailand and Singapore. Adlabs to sell Novotel Imagica...

Morning Calls

Government going ahead with the merger of its two trading firms #MMTC and #STCINDIA Reliance Communications inked pact with Veecon Media & TV to sell Reliance Big TV’s DTH operations across India. Tata Chemicals Announces sales of its Phosphatic Fertilizers...

Morning Calls

M&M to consider issuance of bonus shares on Nov. 10. CCI approves Singapore’s GIC’s plan to acquire 33 percent stake in DLF Cyber City Developers for Rs 8,900 cr. Torrent Pharma acquires the Indian formulations business of Unichem Laboratories for Rs 3,600 cr....

Weekly Report on 06.11.2017

Its yet another life-high closing for Nifty last week. The liquidity driven rally is continuing unabated & the market breadth continues to remain very healthy. Trends in all timeframes are upward & immediate support on daily chart is seen only at 10335...

Morning Calls

North America class 8 truck sales up 167%% At 35,700 Units (YoY) and up 62% (MoM). Hindalco subsidiary Novelis reported record strong results. Dr. Reddy’s launched Azacitidine injection in the Canadian market. Himadri Speciality Chemical approved capacity expansion of...

Morning Calls

DIVIS LABS: US FDA says to lift import alert and close out warning letter for co’s unit 2 at Visakhapatanam. NBCC gets Rs 400 cr contract to reconstruct building in Mumbai. Kolte-Patil in talks with global investors to set up Rs500-crore real estate platform....

Morning Calls

India has jumped 30 spots to number 100 in the latest Ease of Doing Business report for 2018 released by the World Bank. Bharti Airtel to mull sale of controlling stake in Bharti Infratel. Syndicate Bank NII up by 6.8% PAT up by 27% Provisions down 33% GNPA 9.39% Vs...

Morning Calls

IDFC-Shriram merger called off on differences over swap ratio. State Bank of India to lend $357 million to solar projects. JSW Energy to be on focus. IOC gets green nod for Rs 273cr KSPL augmentation project. Zen Technologies got Rs 224 crore order from Indian...

Weekly Report on 30.10.2017

This week, the broader index surged to another life high on closing basis. The market at present is being driven by strong liquidity inflow & breadth is absolutely positive. The series of higher bottoms are visible on both weekly & daily timeframes &...

Morning Calls

Indian Railways opens door to private steel manufacturers. Indian Army to spend nearly Rs 40,000 cr to replace its ageing and obsolete weapons. #LT #BEL #BEML to be on focus. Alkem Laboratories: No form 483 issued USFDA conducted inspection at Company’s...

Morning Calls

Aurobindo Pharma: Gets USFDA Nod For Amiodarone Hydrochloride. Cipla’s US arm gets final US FDA nod for generic Renvela tablets. Majesco says U.S. arm of the company partnered with Social media marketing platform Denim. Government raises SAP for sugarcane by 10....

Morning Calls

BHEL bags India’s largest power contract worth Rs 20,400 crore from Telangana. Quess Corp to acquire 70 percent stake in Vedang Cellular Services for Rs 40 cr. Delta Corp signs pact to lease space for Casino at Marriott Hotel in Nepal. GVK Power confirmed it has...

Morning Calls

Cabinet approves Rs 2.11 lakh crore recapitalisation package for PSU banks. Very strong on #SBIN #PNB #ANDHRABANK #BANKBARODA #SYNDIBANK #ORIENTBANK Lupin: Receives U.S. FDA approval for generic Lodosyn tablets used for the treatment of Parkinson’s disease. SAIL...

Morning Calls

The Department of Telecom has cleared the merger of Sistema Shyam Teleservices Ltd. with Reliance Communications Ltd Cochin Shipyard forms joint venture with Hooghly Dock & Port Engineers. Indiabulls Housing Finance Q2FY18 YoY: Net Interest income up 27.1 % to Rs...

Weekly Report on 23.10.2017

Market broke away from its important resistance zone of 10120 earlier this week but in quite of an anticlimax, Nifty unexpectedly dropped 64 points on the specially convened Samvat trading session on Thursday evening to finally settle at 10146. However, this weakness,...

Morning Calls

HCL Infosystems Board Approves Rs 499 crore fund raising via rights issue. Mahindra Lifespace announces JV with HDFC Cap Affordable Real Estate Fund-1 to develop affordable housing projects in India. Hero Motocorp Sold more than 3-lakh motorcycles and scooters on...

Morning Calls

Govt imposes anti-dumping duty on colour coated/pre-painted flat products from China & EU for 5 years. #JSWSTEEL #TATASTEEL #SAIL in focus. Future consumers has formed a joint venture with E.K. Sons Agro Foods Ltd to manufacture and market wheat products. Power...



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