Capitalstars Opening bell : 19 Nov 2018

CS OPENING BELL:

NIFTY SPOT UP 38 @10720
SENSEX SPOT UP 159 @35616
BANK NIFTY FUTURES UP 21 @26275

CS NIFTY FUTURES (NOV ) OVERVIEW

TREND BEARISH
RES2: 10880
RES 1:10790
SUP1:10550
SUP2:10300

CS BANK NIFTY FUTURES (NOV ) OVERVIEW

TREND BULLISH
RES 2: 26800
RES 1: 26450
SUP1: 26100
SUP2: 25800

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capitalstars Opening Bell : 16 Nov 2018

CS OPENING BELL:
NIFTY SPOT UP 39 @10654
SENSEX SPOT UP 154 @35419
BANK NIFTY FUTURES UP 62 @26264

CS NIFTY FUTURES (NOV ) OVERVIEW

TREND BEARISH
RES2: 10880
RES 1:10720
SUP1:10410
SUP2:10300

CS BANK NIFTY FUTURES (NOV ) OVERVIEW

TREND BULLISH
RES 2: 26500
RES 1: 26200
SUP1: 25650
SUP2: 25400

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Sensex ends over 300 points lower, Nifty above 10,100 at end of October series; Airtel down 7%.

The market remained under pressure throughout the session but recovered a bit at the end of October F&O expiry day.
The Sensex was down 343.87 points at 33690.09, while Nifty was down 99.90 points at 10124.90. About 930 shares have advanced, 1559 shares declined, and 1121 shares are unchanged.

Barring IT, all the other sectoral indices ended in red.
Wipro, Coal India, Kotak Mahindra Bank, ITC, Asian Paints are the top gainers on the Sensex, while Bharti Airtel, Vedanta, Yes Bank, Tata Motors and Sun Pharma are the top losers on the Sensex.

HEADLINES OF THE DAY

Praj Industries Q2 numbers: Company's consolidated net profit rose 88.6 percent at Rs 8.9 crore against Rs 4.7 crore. Revenue was up 20.8 percent at Rs 251 crore against Rs 208 crore.

V-Guard Q2 result: The company's Q2 net profit was down 18 percent at Rs 38.2 crore versus Rs 46.5 crore. Revenue was up  6 percent at Rs 598 crore versus Rs 564 crore.

BHEL approves buyback: The company approved share buyback of 18.93 crore shares at Rs 86 apiece, which is upto Rs 1,628.3 crore.
Kajaria Ceramics's second quarter consolidated profit fell 11.2 percent year-on-year to Rs 50.6 crore on weak operational earnings, but revenue grew by 8.1 percent to Rs 725.3 crore.

Maruti Suzuki, the country's largest car maker, has reported a 9.8 percent on year degrowth in second quarter profit to Rs 2,240.4 crore, dented by weak operational performance and subdued sales volume.

PVR reported a rise of 33.5 percent (year-on-year) in its net profit for the September quarter at Rs 33.02 crore. The company had reported a profit of Rs 25.17 crore during the corresponding quarter of last year.

Results to be announced tomorrow :- Atul,Coromandel Int,Dr Reddys Labs,Edelweiss,ICICI Bank,ITC,Kolte-Patil,Kirloskar Oil,Mahindra Life,Nestle,Shoppers Stop,UPL.

The crucial resistance for Nifty spot is now seen at 10280 and above this 10450 Support for the immediate term is now placed at 10110 next support will be 9900.

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Stock market falls as NBFCs take a beating; RIL, HDFC, Infosys stocks down

Capitalstars Financial Research Pvt. Ltd.

The benchmark equity indices fell over 1 per cent for a second straight trading session as stress in the financial sector continued to weigh on investor sentiment. A slide in index heavyweights — Reliance Industries, HDFC, and Infosys — added to woes with the Sensex dropping as much as 640 points.

The biggest sell-off, however, was seen in the shares of NBFCs, particularly housing finance firms, on fears that profitability could be hit because of the liquidity tightening. Speculation that more real estate developers could default on obligations due to rising stress kept investors on tenterhooks. Shares of PNB Housing dropped 18.6 per cent and Indiabulls Housing Finance declined 17 per cent, extending its three-day fall to 30 per cent.

the country's second largest private sector lender, has reported healthy 20.6 percent on year growth in second quarter profit to Rs 5,005.73 crore, driven by NII, other income and operating income. Net interest income, the difference between interest earned and interest expended, grew by 20.6 percent to Rs 11,763.41 crore compared to same quarter last year.

Asset quality was stable for the quarter ended September 2018 as gross non-performing assets (NPA) stood flat at 1.33 percent sequentially. Net NPA fell to 0.40 percent in Q2 against 0.41 percent in June quarter.

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Capitalstars Opening Bell : 16 Oct 2018

CS OPENING BELL:

NIFTY SPOT UP 19 @10536
SENSEX SPOT UP 67 @34953
BANK NIFTY FUTURES UP 9 @25375


CS NIFTY FUTURES (OCT ) OVERVIEW

TREND BEARISH
RES2: 11280
RES 1:11140
SUP1:10910
SUP2:10800


CS BANK NIFTY FUTURES (OCT ) OVERVIEW

TREND BULLISH
RES 2: 25800
RES 1: 25550
SUP1: 24800
SUP2: 24420


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Capitalstars Opening Bell : 15 Oct 2018

CS OPENING BELL:

NIFTY SPOT DOWN 19 @10449
SENSEX SPOT DOWN 41 @34691
BANK NIFTY FUTURES DOWN 233 @25184


CS NIFTY FUTURES (OCT ) OVERVIEW

TREND BEARISH
RES2: 10680
RES 1:10550
SUP1:10200
SUP2:10090


CS BANK NIFTY FUTURES (OCT ) OVERVIEW

TREND BULLISH
RES 2: 25930
RES 1: 25600
SUP1: 25100
SUP2: 24800

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Capitalstars Opening Bell : 5 OCT 2018

CS OPENING BELL:

NIFTY SPOT DOWN 88 @10510
SENSEX SPOT DOWN 163 @35005
BANK NIFTY FUTURES UP 15 @24878


CS NIFTY FUTURES (OCT ) OVERVIEW

TREND BEARISH
RES2: 10850
RES 1:10680
SUP1:10490
SUP2:10330


CS BANK NIFTY FUTURES (OCT ) OVERVIEW

TREND BULLISH
RES 2: 25210
RES 1: 24900
SUP1: 24620
SUP2: 24400

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Bloodbath on Dalal Street; Sensex plunges 806 pts, Nifty ends tad below 10,600

Benchmark indices closed sharply lower on Wednesday with the Sensex losing 806.47 points or 2.24 percent to 35,169.16 as all sectoral indices ended in the red.

The 50-share NSE Nifty plunged 259 points or 2.39 percent to 10,599.30. More than two shares declined for every share rising on the BSE.

HPCL, BPCL and IOC were biggest losers among Nifty50 stocks, falling more than 11 percent after Finance Minister Arun Jaitley said the government cut excise duty on petrol & diesel by Rs 1.50 per litre. "Oil marketing companies will absorb Re 1 per litre w.r.t petrol & diesel prices."

Reliance Industries (6.87 percent) and Eicher Motors (5.71 percent) were other losers while ICICI Bank bucked the trend, rising 4.21 percent followed by Axis Bank (up 2.45 percent), UltraTechCement (2.16 percent), Bharti Infratel (1.77 percent) and Yes Bank (up 1.06 percent).

HEADLINES OF THE DAY

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi to succeed her as MD & CEO.
Indian rupee recovers from record low of 73.81 per dollar.

The crucial resistance for Nifty spot is now seen at 10630 and above this 10720 Support for the immediate term is now placed at 10420 next support will be 10200.

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Sensex tanks 550 points as sell-off intensifies in late trade; metals shine

Benchmark indices extended losses in late trade as the Sensex closed below 36,000 and Nifty below 10,900 levels amid weakening rupee, higher crude oil prices and Italy crisis.

All sectoral indices ended in the red barring Metal while the Nifty Midcap index shed over a percent.

The 30-share BSE Sensex slipped 550.51 points or 1.51 percent to 35,975.63 and the 50-share NSE Nifty dipped 150 points or 1.36 percent to 10,858.30 but the market breadth remained in favour of advances

About 1,444 shares advanced against 1,194 declining shares on the BSE.

Shriram Transport, Can Fin Homes, Reliance Nippon Asset Management, Muthoot Finance, Federal Bank, Jubilant Foodworks, Godrej Consumer, Dabur, GSK Consumer, Bata India, Godfrey Phillips, Ambuja Cements, Pidilite, Adani Enterprises and Apollo Tyres plunged 3-10 percent.
Balrampur Chini, Dhampur Sugar, Nalco, Gati, Hathway Cable, Tinplate and Indiabulls Real Estate rallied 4-20 percent.

HEADLINES OF THE DAY

L&T construction bags order valued Rs3,036cr
Tata Communications acquires Teleena
Vedanta rises ~4% on reports of $4bn investment plan

The crucial resistance for Nifty spot is now seen at 11070 and above this 11190 Support for the immediate term is now placed at 10800 next support will be 10595.


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Capitalstars Opening Bell : 1 october 2018

CS OPENING BELL:
NIFTY SPOT DOWN 48 @10877
SENSEX SPOT DOWN 95 @36107
BANK NIFTY FUTURES DOWN 214 @25000


CS NIFTY FUTURES (OCT ) OVERVIEW

TREND BEARISH
RES2: 11280
RES 1:11140
SUP1:10910
SUP2:10800


CS BANK NIFTY FUTURES (OCT ) OVERVIEW

TREND BULLISH
RES 2: 25800
RES 1: 25550
SUP1: 24800
SUP2: 24420


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Nifty ends September series below 11,000, Sensex down over 200 points; banks drag

It’s a negative close for Nifty in September series and it has ended below 11,000-mark as well. The Sensex concluded the session over 200 points lower.

There was selling across sectors, with maximum cuts visible among banks, automobile, infrastructure, metals and pharmaceuticals. Weakness in the midcaps space also weighed on benchmarks as Nifty Midcap ended over 2 percent lower. 

At the close of market hours, the Sensex closed down 218.1 points or 0.6% at 36324.1, while the Nifty was lower by 76.3 points or 0.6% at 10977.5. The market breadth is negative as 767 shares advanced, against a decline of 1,793 shares, while 167 shares were unchanged.

Shares of Tata Consultancy Services (TCS), Infosys, and Bharti Infratel were the top gainers, while Yes Bank, Maruti, and Indiabulls Housing have lost the most. 

HEADLINES OF THE DAY

Vijaya Bank down 2%; board meeting on Sept 29 to consider merger.
Indian rupee trades flat around 72.56 per dollar.           
Dinesh Engineers IPO opens on Friday.

The crucial resistance for Nifty spot is now seen at 11180 and above this 11320 Support for the immediate term is now placed at 10900 next support will be 10720.

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Capitalstars Opening Bell : 24 sept 2018

CS OPENING BELL:

NIFTY SPOT DOWN 28 @11114
SENSEX SPOT DOWN 44 @36798
BANK NIFTY FUTURES DOWN 194 @25602

CS NIFTY FUTURES (SEP ) OVERVIEW

TREND BEARISH
RES2: 11375
RES 1:11280
SUP1:11075
SUP2:11010

CS BANK NIFTY FUTURES (SEP ) OVERVIEW

TREND BULLISH
RES 2: 26675
RES 1: 26440
SUP1: 26100
SUP2: 25920

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CAPITALSTARS CLOSING BELL : 19 sept 2018

CAPITALSTARS CLOSING BELL:

NIFTY SPOT DOWN 44 @11234
SENSEX SPOT DOWN 169 @ 37121
BANK NIFTY FUTURES DOWN 169 @ 26383

HEADLINES OF THE DAY

Dinesh Engineers IPO to open on September 28, price band set at Rs 183-185/sh.
Liquidity issues at IL&FS are credit negative for banks, debt market: Moody's.
Coal India, ONGC, and BPCL were the top gainers while Bharti Airtel, IndusInd Bank, and Bajaj Finserv lost the most. 

The crucial resistance for Nifty spot is now seen at 11380 and above this 11500 Support for the immediate term is now placed at 11200 next support will be 11050.


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Capitalstars Opening Bell : 14 sept 2018

CS OPENING BELL:

NIFTY SPOT UP 79 @11449
SENSEX SPOT UP 206 @37924
BANK NIFTY FUTURES UP 180 @ 27156


CS NIFTY FUTURES (SEP ) OVERVIEW

TREND BEARISH
RES2: 11700
RES 1:11550
SUP1:11300
SUP2:11180


CS BANK NIFTY FUTURES (SEP ) OVERVIEW

TREND BULLISH
RES 2: 27700
RES 1: 27230
SUP1: 26540
SUP2: 26200


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