CS CLOSING BELL:16, March 2017

CS CLOSING BELL:

NIFTY SPOT UP 71 @ 9156

SENSEX UP 183 @ 29585

BANK NIFTY FUTURES UP 96 @ 21319

HAPPY TRADING

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CS OPENING BELL:15, March 2017

CS OPENING BELL:

NIFTY SPOT UP 2 @9087

SENSEX UP 10 @29452

BANK NIFTY FUTURES DOWN 13 @21133

HAPPY TRADING!!!!!!!!!!!

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CS NIFTY FUTURES (MARCH) OVERVIEW

TREND BULLISH

RES2:9200

RES 1:9120

SUP1:8990

SUP2:8865

WWW.CAPITALSTARS.COM +91731679000

CS BANK NIFTY FUTURES (MARCH) OVERVIEW

TREND BULLISH

RES 2: 21610

RES 1:21350

SUP1: 20550

SUP2:20110

WWW.CAPITALSTARS.COM +917316790000

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

CS CLOSING BELL:15, March 2017

CS CLOSING BELL:

NIFTY SPOT DOWN 3 @ 9083

SENSEX DOWN 44 @ 29398

BANK NIFTY FUTURES UP64 @ 21215

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Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

CS OPENING BELL:14, March 2017

CS OPENING BELL:

NIFTY SPOT UP 155 @9089 

SENSEX UP 509 @29446 

BANK NIFTY FUTURES UP 377 @21174

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CS NIFTY FUTURES (MARCH) OVERVIEW

TREND BULLISH

RES2:9075

RES 1:9025

SUP1:8855

SUP2:8805

WWW.CAPITALSTARS.COM +91731679000

CS BANK NIFTY FUTURES (MARCH) OVERVIEW

TREND BULLISH

RES 2: 21025

RES 1:20965

SUP1: 20575

SUP2:20475

WWW.CAPITALSTARS.COM +917316790000

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

D-Mart operator IPO oversubscribed 104 times on QIB, HNI support : -11 March, 2017

The reserved portion of qualified institutional buyers oversubscribed 144.58 times while the portion set aside for non-institutional investors subscribed 277.73 times and that of retail investors 6.91 times, according to CNBC-TV18.

Investors applied aggressively to the initial public offering (IPO) of Avenue Supermarts, the operator of supermarket retail chain D-Mart. The issue received bids worth Rs 1.38 lakh crore against an issue size Rs 1,326.70 crore (excluding the portion of anchor investors). 

According to data available on the National Stock Exchange (NSE), the issue has been oversubscribed 104.34 times as of 4:30 hours IST on Friday—the closing day of the issue. It received bids worth for 462.96 crore shares against the total issue size of 4.43 crore shares (excluding anchor investors' portion).  

The reserved portion of qualified institutional buyers oversubscribed 144.58 times while the portion set aside for non-institutional investors subscribed 277.73 times and that of retail investors 6.91 times, according to CNBC-TV18.

The company targets raising Rs 1,870 crore at a higher end of the price band of Rs 295-299 through the issue, which opened on Wednesday. On Tuesday, the firm raised nearly Rs 561 crore by allotting shares to anchor investors. 

The IPO is the biggest since PNB Housing Finance's Rs 3,000 crore offer in October last year. 

Avenue Supermarts has reserved 50 percent portion of public issue for qualified institutional buyers and out of which, 60 percent may be allocated to anchor investors.Meanwhile, 15 percent portion of the total issue size is reserved for non-institutional investors and the rest 35 percent for retail investors. 

Kotak Mahindra Capital is a global co-ordinator and book running lead manager to the issue. Its book running lead managers are Axis Capital, Edelweiss Financial Services, ICICI Securities, Inga Capital, JM Financial Institutional Securities, Motilal Oswal Investment Advisor and SBI Capital Markets.

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CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

RBI hikes FII limit in Kotak Mahindra Bank to 42% -10 March, 2017

The Reserve Bank of India (RBI) has notified that Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) can now invest from 40% to 42% of the paid up capital of Kotak Mahindra Bank, under the Portfolio Investment Scheme (PIS). Kotak Mahindra Bank has passed resolutions at its Board of Directors’ level and a special resolution by general body agreeing for enhancing the limit from 40% to 42% of the paid up capital of the bank. 

The Reserve Bank has notified this under FEMA 1999. Kotak Mahindra Bank offers a wide range of banking products and financial services for corporate and retail customers through a variety of delivery channels and specialized subsidiaries in the areas of personal finance, investment banking, life insurance, and wealth management. Meanwhile, shares of the Bank were trading at Rs 829.25 apiece, up 0.53 per cent from the previous close at 10:54 hours on BSE. 

Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

CS OPENING BELL:09, March 2017

CS OPENING BELL:

NIFTY SPOT DOWN 10@8915

SENSEX DOWN 42@28855

BANK NIFTY FUTURES DOWN 25@20732

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Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.

CapitalStars Investment Adviser: SEBI Registration Number: INA000001647