See level to negative opening: ICICI direct

As per ICICIdirect, Nifty is probably going to open level to negative on the back of blended worldwide prompts.

In the wake of solidifying in the primary a large portion of, the Nifty saw a sharp pullback from the level of 8080. Aside from IT, all significant lists finished in the green, which, thus, helped the Nifty end 42 focuses higher. Clever fates premium settled at 36 point. India VIX fell 3.6 percent to 17.3.

FIIs sold Rs 318 crore while DIIs sold Rs 164 crore in the money portion. FIIs sold Rs 179 crore in file prospects and purchased Rs 471 crore in record choices. In stock fates, they sold Rs 207 crore.

The most elevated Put base is at the 8000 hit with 76 lakh offers while the most noteworthy Call base is at the 8300 hit with 46 lakh offers. The 8100 and 8400 Call strikes saw increases of 4.6 and 2.5 lakh offers, separately while the 8200 and 8300 Put strikes saw diminishment of 1.4 and 2.2 lakh offers, individually.

Clever Future: The Nifty is probably going to open level to negative on the back of blended worldwide prompts. Purchase Nifty in scope of 8115-8125 for focuses of 8175, stop misfortune: 8095.

Bank Nifty Future:  Ahead of the RBI arrangement, the list saw short covering. Most saving money stocks performed well. We feel the instability trigger is probably going to keep the Bank Nifty in a more extensive territory with support seen close to 18100-18200. Purchase Bank Nifty in the scope of 18280-18320, targets: 18450-18550, stop misfortune: 18190.

Author : Wealth Research

Indian markets shut for Guru Nanak Jayanti on Monday

The securities exchanges (BSE and NSE), forex, currency markets and all product prospects markets will likewise stay close for the general population occasion.

The Indian markets would stay close on Monday, November 14, 2016 because of 'Master Nanak Jayanti'. All the discount item showcases, including bullion and metal, are shut on Monday. The securities exchanges (BSE and NSE), forex, currency markets and all ware fates markets will likewise stay close for people in general occasion.

Exchanging the Indian markets would continue on Tuesday, November 15, 2016.

Author : Wealth Research

Rupee droops 63 paise against US Dollar

Other than remote reserve outpourings and solid request from merchants, a powerless local value advertise additionally weighed on the rupee. The rupee debilitated past the 67-check to hit close to 11-week low against the US dollar.

The Indian rupee shut at lower level since July 26, 2016 following the misfortunes in the Asian coinage and worldwide value markets. Other than remote store surges and solid request from shippers, a frail household value advertise likewise weighed on the rupee. The rupee debilitated past the 67-check to hit almost 11-week low against the US dollar.

Be that as it may, the rupee eradicated its morning misfortunes because of overwhelming interest for American coin from merchants and banks.

The dollar floated close to a 3-1/2-month high versus the yen, in the wake of making enormous increases overnight as the business sectors arranged for a Donald Trump administration that could animate the US economy financially and lift loan costs.

US dollar is walking ahead especially against the developing business sector monetary standards. Chinese Yuan has broken the administration's resilience level of 6.8 against the greenback in seaward markets, while Indian rupee is has retreated towards 67.3 stamp.

The Indian Rupee shut lower by 63 paise at 66.62/$. The neighborhood unit hit a high of 66.80/$ and a low of 66.42/$ today.

The Reserve Bank of India's (RBI) reference rate for the dollar remained at 67.02 while for the Euro it was 73.11. The RBI's reference rate for the Yen remained at 62.94; reference rate for the Great Britain Pound (GBP) remained at 84.1753.

Stock Cash Tips

Author : Wealth Research

Best 15 stocks in concentrate today: Sun Pharma, Tata Chemicals, Wockhardt

BPCL: The organization will report its Q2 numbers today.

Sun Pharma: Sun Pharma reported a more than two-crease hop in its merged net benefit to Rs 2,235 crore for the September quarter. The organization had posted a net benefit after duties, non controlling interests, share of benefit/loss of partners and joint endeavors of Rs 1,028.8 crore for a similar period a year prior.

Goodbye Chemicals: The organization reported a minor increment in its solidified net benefit at Rs 293 crore for the second quarter of the 2016-17 financial, on lower compost deals. Goodbye Chemicals had posted a net benefit of Rs 293 crore in a similar quarter of the 2015-16 monetary.

Bank of Baroda: The bank will report its Q2 numbers today.

Jain Irrigation: The organization reported a net benefit of Rs 28 for the quarter finished September 30, 2016 against a net loss of Rs 5.4 crore in the relating quarter a year ago.

Wockhardt Ltd: Wockhardt reported net income for the quarter declined 13% to Rs 1064.7 cr amid the relating quarter of earlier year. This was inspite of 8% yoy development in the UK business and 15% yoy development in local business.

Dependence Defense and Engineering: The organization's standalone net misfortune contracted to Rs 116 crore for the quarter finished September 30. It had posted a net loss of Rs 170 crore in the July-September time of the past monetary.

Andrew Yule: Andrew Yule reported 79% expansion in its standalone net benefit at Rs 27.14 crore in the second quarter of 2016-17 by virtue of higher wage. The organization had posted a net benefit of Rs 15 crore in the year-prior period.

Mahindra and Mahindra: The organization will declare its Q2 numbers today.

Polaris Consulting and Services: The IT organization on Thursday reported a decrease of 27.88 for each penny in united net benefit at Rs 41.14 crore for the three-month time frame finished on September 30, 2016, and declared that its CEO Jitin Goyal has stopped. The organization had reported a net benefit of Rs 57 crore for the quarter finished on September 30, 2015.

L&T Technology Services: L&T Technology Services posted 20% expansion in its solidified net benefit at Rs 112 crore amid the second quarter finished September 30, 2016. The organization enlisted a net benefit of Rs 93.5 crore in a similar period a year back.

Balmer Lawrie and Co: Balmer Lawrie reported a peripheral ascent of 5.6% in net benefit at Rs 27.6 crore for the July-September quarter contrasted with Rs 26.2 crore in a similar quarter of the earlier year.

Customers Stop: Shoppers Stop is taking a gander at multiplying its portable application downloads to 2 million and 15 percent deals through its computerized touch focuses by 2020, a senior official said.

Author : Wealth Research

Opening Bell - Sensex revives more than 200 focuses; Banking, Metal stocks lead

At 9:15 AM, the S&P BSE Sensex is exchanging at 27,517, up 265 focuses, while NSE Nifty is exchanging at 8,556 up 123 focuses.

The rupee opened lower at 66.39/$ as against the past close of 66.42/$.

Asian markets opened somewhere down in the green as oversold records saw short covering combined with crisp purchasing as the Dow Jones list touched new highs. This after immense intraday swings with US prospects hitting lows of - 800 focuses at one time. Security yields on the US 10 year paper hit more than 2% as hopefulness on development with infra spending rising saw the yields almost 9 month highs.

The business sectors have been irritated for quite a while as far back as the odds of a Trump triumph surfaced however significant wagers stayed on Hillary who in the end needed to surrender vanquish. For the time being, Trump's acknowledgment discourse recommends he has to be sure left the battle "trumpisms" aside and is set to introduce another world request. The US markets might not have saluted his triumph on Wednesday but rather he is known to be a companion of Wall Street.

Bonds and Gold which saw some keen up move neglected to keep up their additions. Banks in India are venturing up action to adapt to disturbance brought about by the withdrawal of Rs 500 and Rs 100 cash notes. While many people are discovering ways and intends to change their high esteem notes, desires are that profit recuperation could be pushed a couple quarters advance.

Author :Wealth Research

LIVE: PM Narendra Modi says Rs 500 and Rs 1,000 notes will not be legal anymore

Going by his promise in 2014 general elections to bring black market money into the regular financial system, Prime Minister Modi on Tuesday in a televised address to the nation said that high denomination notes of Rs 500 and Rs 1000 will no longer be legal. PM Modi announced a “decisive” war against black money and corruption while disclosing a raft of steps to assure the common man that their money is safe.

PM Modi said banks and ATMs will remain closed on November 9 and in some places ATMs may remain closed on November 10. Across the country, people rushed to ATMs where money could be withdrawn in Rs 100 notes, trying to avoid being caught without cash over the next few days. Welcoming the bold step taken by the government, President Pranab Mukherjee called upon the people not to panic as the move would help unearth unaccounted money as well as counterfeit currency.

 The finance ministry said that new banknotes of Rs 500 and Rs 2,000 would be introduced from November 10. The old notes can be deposited in banks and post offices from Nov. 10 to Dec. 30. Governor of the Reserve Bank of India, Urjit Patel, said he saw no impact on liquidity in the wholesale market and that the bank had ramped up production of the new series of notes over the last few months. Experts said Tuesday’s move was the biggest in decades aimed at fighting graft.
Here are the live updates on PM Modi’s speech Today:
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Mid-Afternoon Market Update: Datalink Surges Following Acquisition News; HSN Shares Slide

Toward the end of trading Monday, the Dow traded up 1.95 percent to 18,237.83 while the NASDAQ climbed 2.35 percent to 5,164.77. The S&P also rose, gaining 2.10 percent to 2,128.93.Leading and Lagging Sectors Monday afternoon, technology shares gained by 2.43 percent. Meanwhile, top gainers in the sector included Datalink Corporation (NASDAQ: DTLK ), and Sothebys (NYSE: BID ).In trading on Monday, telecommunications services shares rose by just 0.9 percent. Meanwhile, top losers in the sector included Shenandoah Telecommunications Company (NASDAQ: SHEN ), down 9 percent, and Internet Initiative Japan Inc. (ADR) (NASDAQ: IIJI ), down 7 percent.

Top Headline

LendingClub Corp (NYSE: LC ) reported a smaller loss than analysts estimated for the third quarter. Similarly, revenue also came in above the estimates.The company reported adjusted loss of $0.04 a share, exceeding expectations by $0.03 per share. Its revenue came in at $112.6 million, beating estimates by $9.29 million.Equities Trading UP Blue Nile Inc (NASDAQ: NILE ) shares shot up 34 percent to $40.73 after the company disclosed a deal with Bain Capital Private Equity and Bow Street LLC for $40.75 a share in cash.Shares of Datalink Corporation (NASDAQ: DTLK ) got a boost, shooting up 18 percent to $11.13 after Insight Enterprises, Inc. (NASDAQ: NSIT ) announced plans to acquire Datalink for $11.25 per share in cash.Medallion Financial Corp (NASDAQ: MFIN ) shares were also up, gaining 27 percent to $4.13 following Q3 results. Medallion Financial reported Q3 earnings of $5 million on revenue of $2 million.

Equities Trading DOWN Concordia International Corp (NASDAQ: CXRX ) shares dropped 38 percent to $1.99 after the company reported downbeat results for its third quarter. Concordia also disclosed that it is suspending its guidance. Shares of HSN, Inc. (NASDAQ: HSNI ) were down 10 percent to $32.45 after the company posted weaker-than-expected Q3 earnings. Plug Power Inc (NASDAQ: PLUG ) was down, falling around 10 percent to $1.27 as the company posted a wider-than-expected Q3 loss.Commodities In commodity news, oil traded up 1.07 percent to $44.54 while gold traded down 1.83 percent to $1,280.60.Silver traded down 1.04 percent Monday to $18.18, while copper rose 2.10 percent to $2.31.

Eurozone

European shares closed higher today. The eurozone's STOXX 600 climbed 1.53 percent, the Spanish Ibex Index rose 1.45 percent, while Italy's FTSE MIB Index surged 2.56 percent. Meanwhile the German DAX climbed 1.93 percent, and the French CAC 40 rose 1.91 percent while U.K. shares rose 1.70 percent.Economics Data on consumer credit for September will be released at 3:00 p.m. ET.

Read more - http://www.wealthresearch.in/

Live Stock Market Updates - Sensex, Nifty choppy; Realty, IT stocks drag

The BSE Mid-cap Index is trading up 0.14% at 13,491 whereas BSE Small-cap Index is trading down 0.14% at 13,563. The INDIA VIX is up 1.196% at 15.6750.

The Indian value showcase opened higher on Tuesday after Chinese assembling gages moved to two-year highs and Bank of Japan kept money related rates unaltered.

At 9:32 AM, the S&P BSE Sensex is exchanging at 27,911 down 19 focuses, while NSE Nifty is exchanging at 8,623 down minor three focuses.

The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) a gage of assembling execution bounce to 54.4 in October from 52.1 in September, demonstrative of a vigorous change in assembling business conditions in the nation. Fabricating segment development in India hit a 22-month high in October, driven by a sharp and quickened increment in new requests, buying movement and yield.

The BSE Mid-top Index is exchanging up 0.14% at 13,491 while BSE Small-top Index is exchanging down 0.14% at 13,563.

HDFC, Hero MotoCorp, Tata Steel, Lupin and Adani Ports are among the gainers, while ONGC, Axis Bank, Infosys, M&M, Coal India and Sun Pharmaceuticals are losing sheen on BSE.

Some purchasing movement is found in telecom, metal and essential materials divisions, while buyer durables, banking,power, IT, teck and FMCG are indicating shortcoming on NSE.

The INDIA VIX is up 1.196% at 15.6750. Out of 1,870 stocks exchanged on the NSE, 816 declined, 677 progressed and 377 stayed unaltered today.

A sum of 72 stocks enrolled a new 52-week high in exchange today, while six stocks touched another 52-week low on the NSE.

Eicher Motors bounced 3% after the organization reported a 33% expansion in complete deals in October 2016 at 59,127 units as against 44,522 units around the same time a year ago. Amid October 2016, the quantity of cruiser units traded, expanded by 95% to 748 units from 384 units in October 2015.

Strides Shasun Limited picked up 1% after the organization declared that it has gotten endorsement from the United States Food and Drug Administration (USFDA) for Abacavir Tablets USP, 300 mg.

Maruti Suzuki dropped 0.32% to Rs 5,880 after its deals dunked in the month of October. The organization sold 1,33,793 units in October contrasted with 1,34,209 vehicles in October 2015.

BGR Energy Systems took off 5.3% after the organization has been granted the Balance of Plant (BoP) Contract from TANGEDCO for 1x800 MW North Chennai Thermal Power Project - Stage III. BGR Energy secured this agreement in an International focused offering which saw hardened rivalry. The estimation of the agreement is Rs 2,600 crore The agreement fulfillment period is 36 months from the date of honor.

Allcargo Logistics rose 1% to Rs 191 after the organization said its board will meet on 7 November 2016, to consider a proposition for buyback of the value shares of the organization.

Sical Logistics rose 2.33% to Rs 222.10 after the organization securing contract from West Bengal Power Distribution Corporation.

Kitex Garments failed 10.4% to Rs 458 on BSE after net benefit fell 52.4% to Rs 12.92 crore on 20.5% decrease in net deals to Rs 95.55 crore in Q2 September 2016 over Q2 September 2015.

The rupee opened higher by seven paise at 66.72/$ as against the past close of 66.79/$.

Asian markets opened on a powerless note taking after the US files which shut barely in the red after exceptionally run bound exchange. Instability on the US decisions which are expected one week from now combined with ascend in security yields kept slant feeble. The main special case keeps on being Brazil and Russia where the records keep on treading higher with more cash pursuing development as economies see better times ahead. Shared Funds pumped in net Rs. 8,106 crore, outside assets hauled out more than Rs. 10,000 crore in October; a heft of the withdrawals was owing debtors.

The dollar has debilitated. China's assembling division saw its quickest pace of extension as of late as Purchasing Managers' Index (PMI) moved higher to 51.2 in October.

Raw petroleum costs, which were curbed for a considerable length of time rose barely on desires of some agreement among OPEC individuals in overseeing creation. The email adventure might frequent Clinton however surveys recommend she is still ahead in the race for US President. The Bank of Japan kept up business as usual on rates. Encouraged result tomorrow will be peered toward however not a lot is normal in front of US presidential decisions.

India's center parts grew 5% in September driven by solid development in the steel and petroleum items divisions. The development in the Index of Eight Core Industries is more grounded than the 3.2% ascent in August.

Hindustan Unilever posts 11.54 per cent rise in standalone net profit

The company had a net profit of Rs 982.17 crore in the July-September quarter of 2015-16.

Total income from operations rose 1.57 per cent to Rs 8,480.26 crore during the quarter under review as against Rs 8,348.6 crore a year ago, the company said in a BSE filing.

Chairman, HUL, Harish Manwani was quoted by PTI as saying: “In challenging market conditions, we delivered another quarter of profitable growth. We remain focused on market development, consumer-led innovations and an even sharper drive on operating efficiency. With a good monsoon, we expect a gradual improvement in market demand and remain positive on the mid-long term outlook for the industry.”

HUL’s other income in second quarter stood at Rs 252.83 crore, as against Rs 107.59 crore a year ago. During the period, it reported exceptional income of Rs 18.24 crore.

In a conference call, HUL Chief Financial Officer P B Balaji said the company expects gradual improvement in the market on account of good monsoon.

During the quarter under review, HUL’s revenue from home segment was up 3.20 per cent at Rs 2,777 crore, while its revenue from personal products declined marginally by 0.32 per cent to Rs 4,027.95 crore.

The refreshment segment revenue was up 8.36 per cent to Rs 1,169.17 crore and that from foods vertical grew by 2.44 per cent to Rs 277.82 crore during the July-September period.

Revenues from other segments which include exports, water, infant care business were down 15.17 per cent to Rs 218.08 crore in the July-September quarter.

HUL’s standalone net profit for the first half of the 2016-17 moved up by 10.63 per cent to Rs 2,269.5 crore as against Rs 2,051.33 crore in the same period last fiscal.

Net sales during the six-month period of the current fiscal were up by 3.01 per cent to Rs 17,283.08 crore as against Rs 16,777.64 crore a year ago.

In a separate filing, HUL informed that its board in a meeting held today declared an interim dividend of Rs 7 per equity share of face value Re 1 each, for the year ending March 31, 2017.
+Wealth Research 

Fedders Lloyd gains on incorporating wholly owned subsidiary in Nigeria

Fedders Lloyd Corporation is currently trading at Rs. 83.10, up by 0.65 points or 0.79% from its previous closing of Rs. 82.45 on the BSE.

The scrip opened at Rs. 83.10 and has touched a high and low of Rs. 83.75 and Rs. 82.50 respectively. So far 6678 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.25 on 03-Dec-2015 and a 52 week low of Rs. 58.10 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 86.00 and Rs. 79.85 respectively. The current market cap of the company is Rs. 256.47 crore.

The promoters holding in the company stood at 47.00%, while institutions and non-institutions held 0.16% and 52.84% respectively.

Fedders Lloyd Corporation (FLCL) has incorporated a wholly owned subsidiary Fedders Lloyd Nigeria (FLNL) in Nigeria on October 20, 2016. The business of FLNL is mainly in line with the company.

FLNL will engage in engineering, procurement and construction activities for various sectors including but not limited to railways, power, infrastructure etc. and undertake projects related to renewable sources of energy including solar energy.

FLCL provides customized solutions on a turnkey basis in the areas of infrastructure, involving manufacturing, engineering, designing of Steel Structures, Engineering and Procurement & Construction (EPC) for transmission of power, manufacture and supply of towers for wind turbines, and environment control systems for industrial and customized applications.
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Live Stock Market Updates - Sensex down over 200 points, slips below 28K

The BSE Mid-cap Index is trading down 0.14% at 13,524 whereas BSE Small-cap Index is trading up 0.02% at 13,515. The Nifty slipped below its crucial psychological support level of 8,650 weighed down by losses in realty, power, oil & gas, metal, consumer durable, and banking stocks.

 The Indian stock exchange declined for a second straight day weighed down by unsatisfactory second quarter earnings from Axis Bank whereas Tata cluster stocks extend their slide. The Sensex was mercantilism over two hundred points lower, whereas the cracking slipped below its crucial psychological damage of eight,650 weighed down by losses in holding, power, oil & gas, metal, shopper sturdy, and banking stocks. At 9:30AM, the S&P mad cow disease Sensex is mercantilism at twenty seven,903 down 240 points, whereas NSE cracking is mercantilism at eight,627 down sixty three points. The mad cow disease Mid-cap Index is mercantilism down zero.14% at 13,524 whereas mad cow disease capitalisation Index is mercantilism up zero.02% at 13,515. Bharti Airtel, Hero MotoCorp, Maruti Suzuki, ONGC, HDFC Bank and Bajaj car square measure among the gainers, whereas Axis Bank, ICICI Bank, Asian Paints, Tata Motors and Dr Reddy's square measure losing refulgency on mad cow disease. Some shopping for activity is seen in media, metal and holding sectors, whereas banking, money services, car and FMCG square measure showing weakness on NSE. The Republic of India VIX is up one.63% at 14.7200. Out of 1,857 stocks listed on the NSE, 897 declined, 547 advanced and 413 remained unchanged nowadays. A total of forty two stocks registered a contemporary 52-week high in trades nowadays, whereas 2 stocks touched a brand new 52-week low on the NSE. The rupee opened marginally higher by 2 paise at sixty six.80/$ as against the previous shut of sixty six.82/$.

Opening Bell - Nifty holds 8700 check; Auto stocks drag

At 9:15 AM, the S&P BSE Sensex is exchanging at 28,174 down insignificant five focuses, while NSE Nifty is exchanging at 8,705 down four focuses.

At 9:15 AM, the S&P BSESensex is exchanging at 28,174 down minor five focuses, while NSE Nifty is exchanging at 8,705 down four focuses.

The rupee opened lower by eight paise at 66.93/$ as against the past close of 66.85/$.

Asian markets opened in the green as overnight US lists energized as business sectors looked past income and crisp merger action re touched off the bulls.

The PNB Housing Finance IPO which saw empowering reaction will hit the market today. Geo-political issues stay in center after aggressors assaulted a police institute in Pakistani city of Quetta murdering many cadets. Goodbye Group stocks will be in concentrate today after Ratan Tata reclaimed control of the Tata Group after Cyrus Mistry was suddenly evacuated as director of the $100 billion espresso to-steel business realm.

Author : Wealth Research

Opening Bell - Sensex, Nifty level in early exchange

At 9:15 AM, the S&P BSE Sensex is exchanging at 28,112 up 61 focuses, while NSE Nifty is exchanging at 8,697 up 19 focuses.

At 9:15 AM, the S&P BSE Sensex is exchanging at 28,112 up 61 focuses, while NSE Nifty is exchanging at 8,697 up 19 focuses.

The rupee opened higher by four paise at 66.68/$ as against the past close of 66.72/$.

A four-piece structure with two standard merchandise and ventures charge (GST) rates of 12% and 18% was proposed at the GST Council meeting on Tuesday. Expect activity in divisions affected by this move.

A freedom of stake deal by the administration in around 20 elements is relied upon to be reported today. Buzz of MSCI rebalancing will likewise affect stocks which are probably going to be incorporated and avoided. Perseverance Technologies gets recorded today. Oil prospects ascended after reports of a decrease in U.S. unrefined supplies for the week finished Oct. 14.

Asian markets to open level after a great rally yesterday which saw lists arrange a sharp rebound. Quality in the US$ could see security offering in Japanese stocks as the "yen hits 103 to the US$. The undercurrent however is by all accounts bullish with the Brazilian 'Bovespa" file driving from the front and hitting new 52 week highs. The product/vitality drove list is seeing gigantic out-execution in the developing business sector bushel of lists and which yesterday observed China and India likewise rebound unequivocally. Everyone's eyes were on the Chinese total national output (GDP) report.

Money Street shut higher on Tuesday. The Dow Jones modern normal rose 75.54 focuses to 18,161.94, the S&P 500 increased 13.1 focuses to 2,139.6 and the Nasdaq Composite added 44.01 focuses to 5,243.84. The S&P 500 posted 4 new 52-week highs and 3 new lows; the Nasdaq Composite recorded 47 new highs and 60 new lows.

PNB Housing Finance, the auxiliary of Punjab National Bank, reported that its Rs 3,000-crore first sale of stock will open for membership on October 25. The value band is settled at Rs 750-775 for each share.

Free Stock Tips

Author : Wealth Research

Live Stock Market Updates - Sensex, Nifty merge pick up

The BSE Mid-top Index is exchanging up 0.72% at 13,388 while BSE Small-top Index is exchanging up 0.80% at 13,212. Out of 1,877 stocks exchanged on the NSE, 356 declined, 1,194 progressed and 356 stayed unaltered today.

The Indian value showcase began the Tuesday's exchanging session in the positive zone. At 10:42 AM, the S&P BSE Sensex is exchanging at 27,717 up 187 focuses, while NSE Nifty is exchanging at 8,576 up 55 focuses.

The BSE Mid-top Index is exchanging up 0.72% at 13,388 though BSE Small-top Index is exchanging up 0.80% at 13,212.

Goodbye Steel, HDFC, ICICI Bank, RIL, ITC, GAIL and Adani Ports are among the gainers, though Asian Paints, Bharti Airtel, ONGC and TCS are losing sheen on BSE.

Some purchasing action is found in realty, saving money, fund, metal, IT, oil and gas, mechanical and customer durables parts, while telecom is indicating shortcoming on BSE.

The INDIA VIX is down 3.19% at 15.1550. Out of 1,877 stocks exchanged on the NSE, 356 declined, 1,194 progressed and 356 stayed unaltered today.

A sum of 71 stocks enrolled a crisp 52-week high in exchanges today, while nine stocks touched another 52-week low on the NSE.

The rupee opened higher by nine paise at 66.79/$ as against the past close of 66.88/$.

Asian markets opened in the green following quite a while of union as business sectors appear to be set to bob again from oversold region.

The occasion line up of US races toward the beginning of November and the Fed rate standpoint is by all accounts getting for the most part estimated in as business sectors rebate the vulnerability.

The significant worry of security yields ascending in the US may even now be the main imponderable market will need to think about going ahead. Select outperformance in developing markets keeps on being the subject of 2016 with Ibovespa the Brazilian stock record hitting crisp new 52 week highs.

Clever broke 8550 with audacious shorts constraining new late lows and hitting feeling in an oversold showcase. However given the late change in full scale's this auction could be the possibility most speculators who missed the late spring rally to purchase stocks. Enormous corporate deleveraging, low swelling, recovery in capital extension and security yields at the most reduced in 7 years combined with stable rupee all mean Indian economy fit as a fiddle.

With worldwide instability now apparently getting for the most part estimated in we anticipate that November will see Nifty making a beeline for late highs after the profit and US decisions play out.

On the political front, the GST committee is slated to start today. RBI minutes of money related strategy meet will be discharged today.

Money Street shut unassumingly bring down on Monday. The Dow Jones modern normal fell 51.98 focuses, or 0.29% to 18,086.4, the S&P 500 lost 6.48 focuses, or 0.3% to 2,126.5 and the Nasdaq Composite dropped 14.34 focuses, or 0.27% to 5,199.82.

In forex markets, significant monetary forms were bound in wide exchanging ranges on the back of soaked US information and the nonattendance of new triggers. Gold value rose, halfway lifted by unfaltering streams into trade exchanged assets and a plunge in the dollar subsequent to touching seven-month highs. Central bank Vice Chairman Stanley Fischer said frail efficiency, maturing populace and moderate outside monetary development are keeping down loan fees. US mechanical yield in the mean time climbed hardly in September. Oil costs stay at more elevated amounts.

Free Stock Tips

Author : Wealth Research

Live Stock Market Updates - Nifty exchanges beneath 8,550 stamp; Auto, Telecom stock drag

The INDIA VIX is up 5.70% at 15.7375. Out of 1,889 stocks exchanged on the NSE, 900 declined, 726 progressed and 263 stayed unaltered today.

The Indian securities exchanges are exchanging level to somewhat higher on Monday in spite of blended signs from other Asian markets. The Sensex opened 102.54 focuses, or 0.37% up at 27,776.14, while Nifty opened 29.55 focuses, or 0.34% up at 8,612.95.

The Sensex hit a 14-week low, while the Nifty hit its least level in over 10 weeks. European securities exchanges were exchanging lower as financial specialists stayed wary in front of profit, key information and an European Central Bank meeting not long from now.

The Sensex and Nifty pared pick up and turned uneven weighed around misfortunes in metal, auto, telecom, and capital merchandise stocks.

At 2:18 PM, the S&P BSE Sensex is exchanging at 27,5894 down 84 focuses, while NSE Nifty is exchanging at 8,539 down 45 focuses.

The BSE Mid-top Index is exchanging down 0.59% at 13,341 while BSE Small-top Index is exchanging down 0.14% at 13,159.

ICICI Bank, NTPC, Coal India, Tata Steel and SBI are among the gainers, while M&M, Hero MotoCorp, HDFC Bank and Asian Paints are losing sheen on BSE.

Some purchasing movement is found in managing an account and customer durables segments, while auto, telecom, capital goods,IT, modern and pharma are demonstrating shortcoming on BSE.

The INDIA VIX is up 5.70% at 15.7375. Out of 1,889 stocks exchanged on the NSE, 900 declined, 726 progressed and 263 stayed unaltered today.

An aggregate of 86 stocks enlisted a crisp 52-week high in exchanges today, while 11 stocks touched another 52-week low on the NSE.

UltraTech Cement slipped 0.74% to Rs 4009. The organization has posted a net benefit after expenses and Minority enthusiasm of Rs 614 crore for the quarter finished September 30, 2016 when contrasted with Rs 490 crore for the quarter finished September 30, 2015.

Ujaas Energy zoomed 4% to Rs 24.20 after the organization has won request from Uttarakhand Renewable Energy Development Agency (UREDA) for Grid Interactive Rooftop and little Solar PV Power Plant of up to 5Kwp.

SBI progressed 1% to Rs 254.50. State Bank of India will strip up to 5% of its stake in its life coverage backup SBI Life Insurance Co. Ltd.

Granules India picked up 2%. The organization educated BSE that Gagillapur office situated at Hyderabad, Telangana, India has effectively finished USFDA investigation with no perceptions. This office fabricates Finished Dosages (FDs) and Pharmaceutical Formulation Intermediates (PFIs).

Vedanta crawled up 0.43% to Rs 196. Vedanta has suspended mining operations at its Bicholim press mineral mine in Goa from Thursday because of work turmoil.

Cipla increased 0.59%. Cipla has consented to an update of arrangement for South Africa's first biosimilars fabricating office to be set up at a cost of almost USD 91 million.

NIIT Technologies dropped 4.4% to Rs 420.50. NIIT Tech reported superior to anything expected income of Rs 692 crore in the September quarter helped by development in its managing an account, monetary administrations and protection business (BFSI) business from the US.

Amtek Auto picked up 2% to Rs 44.50. ICRA has downsized rating for term advances of JMT Auto, a unit of sickly Amtek Auto Ltd (AAL), to 'BB-" from 'BB+', on unfavorable impact of the vast estimated obligation supported by remote acquisitions.

Mawana Sugars increased 1.6%. Mawana Sugars has put its Titawi sugar process on the piece to cut down the obligation and clear sugarcane duty to ranchers.

Alok Industries bounced 2.4%. Alok Industries will look for assurance from banks as its plays to approach BIFR on grounds that half of its total assets has been wiped out as on March 2016.

Oil stocks is exchanging lower on the BSE. Petrol cost was climbed by Rs 1.34 a liter and diesel by Rs 2.37 a liter on back of spike in worldwide rates.

Lakshmi Vilas Bank energized 3%. The bank will declare its Q2 numbers today.

ICICI Bank zoomed 6.8% to Rs 258. Rosneft purchased a 49% stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pteand Russian speculation Fund United Capital Partnerssplit another 49% value similarly. The rest of the 2% is held by minority shareholders subsequent to delisting of Essar Oil. Rajiv Sabharwal the mind behind ICICI Bank's thriving retail loaning business has given it up and will be supplanted by ICICI veteran Anup Bagchi.

DCB Bank mobilized 6.5%. The bank reported 31% year-on-year development in the net benefit to Rs 48.5 crore for the quarter finished September 30 contrasted and 36.9 crore reported in the year-prior perio

Author : Wealth Resesrch

State Bank of India to strip up to 5% in SBI Life

The bank said that the ECCB has endorsed to weaken up to 5% stake of SBI in SBI Life to a non-promoter substance.

State Bank of India has educated BSE that the Executive Committee of the Central Board (ECCB) at its meeting hung on October 14, 2016 has endorsed to weaken up to 5% stake of SBI in SBI Life to a non-promoter element.

SBI Life is a joint wander between State Bank of India and BNP Paribas Cardiff. SBI possesses 74% in the life safety net provider.

Stock Commentary:

State Bank of India finished at Rs 251.9, up by Rs 2.2 or 0.88% from its past shutting of Rs 249.7 on the BSE.

The scrip opened at Rs 251.25 and touched a high and low of Rs 253.3 and Rs 249.7 separately. A sum of 15608518(NSE+BSE) shares were exchanged on the counter. The present market top of the organization is Rs 195544.35 crore.

The BSE bunch "A" supply of face esteem Rs 1 touched a 52 week high of Rs 271.55 on 08-Sep-2016 and a 52 week low of Rs 148.3 on 12-Feb-2016. Most recent one week high and low of the scrip remained at Rs 260.2 and Rs 246.1 separately.

The promoters holding in the organization remained at 60.18 % while Institutions and Non-Institutions held 28.64 % and 9.48 % individually.

Bank Nifty Tips

Author : Wealth Research

Aditya Birla Nuvo's Managing Director Lalit Naik leaves

The abdication might be powerful from the end of business hours on November 30, 2016.

Aditya Birla Nuvo Ltd has educated BSE that Lalit Naik, Managing Director of the Company has offered his acquiescence from the administrations of the Company. The acquiescence might be compelling from the end of business hours on November 30, 2016.

Aditya Birla Nuvo Ltd is at present exchanging at Rs 1396.6, around Rs 1.2 or 0.09% from its past shutting of Rs 1397.8 on the BSE.

The scrip opened at Rs 1392 and has touched a high and low of Rs 1400 and Rs 1392 individually. So far 18871(NSE+BSE) shares were exchanged on the counter. The present market top of the organization is Rs 18202.95 crore.

The BSE aggregate "A" load of face esteem Rs 10 has touched a 52 week high of Rs 1664 on 09-Aug-2016 and a 52 week low of Rs 685 on 29-Feb-2016. Most recent one week high and low of the scrip remained at Rs 1451.8 and Rs 1385 individually.

The promoters holding in the organization remained at 58.4 % while Institutions and Non-Institutions held 25.81 % and 15.78 % separately.

The stock is at present exchanging over its 50 DMA.

Author : Wealth Research

Beat 18 stocks in concentrate today: TCS, IndusInd Bank, Sun Pharma

Look at the organizations which will be in center amid exchange today in view of later and most recent news advancements.

TCS: The IT Company will report its Q2 numbers today.

IndusInd Bank: IndusInd Bank reported a 26% YoY increment in net benefit to Rs 704.26 crore for the quarter finished September 30.

Zee Ent: Zee Entertainment Enterprises Ltd achieved a consent to purchase Reliance Broadcast Networks Ltd, according to media reports.

Cipla: The US Food and Drug Administration has cleared Cipla Ltd's assembling office at Indore's extraordinary monetary zone of assembling practice infringement that it had seen amid an investigation in July-August 2015.

GAIL, IL&FS Engineering and Construction: IL&FS Engineering and Construction Company Ltd (IL&FS Engineering Services) has packed away a Rs.162.58 crore pipeline contract in Bihar from GAIL (Gas Authority of India Ltd).

Sun Pharma: Sun Pharma is reviewing 31,762 jugs of bupropion hydrochloride developed discharge tablets in the US, utilized for treatment of real depressive issue, according to media reports.

KEC International: KEC International has stowed orders worth Rs 1,192 crore, the organization said.

Piramal Enterprises: Piramal Enterprises has consented to get five injectable anesthesia and torment administration results of Janssen Pharmaceutica for about $175 million or Rs 1,164 crore.

MT Educare: MT Educare Ltd is in chats with private value firms and organized back assets to raise as much Rs150 crore, as per two individuals with direct information of the advancement, according to media reports.

Bharti Airtel: Moody's financial specialists benefit anticipates that Bharti Airtel Ltd will see proceeded with development in spite of an expansion in focused power.

Cyient: The organization will declare its Q2 result today.

Blue Dart: The coordinations organization reported a 21% decrease in its net benefit to Rs 42.8 crore for the quarter finished September.

Sagar Cement: Sagar Cements said the firm wants to raise assets to back the development of its crushing unit and in addition setting of a power plant.

GAIL India: GAIL India has set requests for laying work of a 345-km segment of the Jagadishpur-Haldia-Bokaro-Dhamra gas pipeline, assisting the Rs 13,000-crore extend.

Gruh Finance: Gruh Finance reported 19.9 for each penny YoY development in the net benefit for the quarter finished September 30 to Rs 62 crore contrasted and Rs 51.7 crore reported in the year-prior period.

Dr. Redyy's Laboratories: Dr. Reddy's Lab propelled Lamotrigine Orally Disintegrating Tablets in the US advertise taking after an endorsement by the US Food and Drug Administration

BHEL: The organization dispatched yet another 660MW coal-based supercritical warm power unit in Uttar Pradesh.

Asian Granito India Ltd: The organization said it has finished the extension at Crystal Ceramics Industries Pvt Ltd - a backup of the organization. The organization has made an aggregate speculation of Rs. 170 crore in Crystal Ceramics.

Author : Wealth Research

Rupee picks up 14 paise against US Dollar

The rupee shut higher on Monday on expanded offering of the American coin by banks and exporters.

The Indian rupee shut higher on Monday on expanded offering of the American money by banks and exporters.

The benchmark 10-year government security yield shut down at 6.715% contrasted and Friday's end of 6.735%. Security yields and costs move in inverse bearings.

Additionally, managed outside store inflows, dollar's shortcoming against different monetary forms abroad after a week ago's gentler than-gauge US occupations information, and a firm household value advertise helped the rupee esteem against the dollar.

India's outside trade saves went up to $371.99 billion as on 30 September, the Reserve Bank of India said.

The Indian coin finished higher by 14 paise at 66.53/$. The Reserve Bank of India's (RBI) reference rate for the dollar remained at 66.58 and for the Euro remained at 74.40.

The RBI's reference rate for the Yen remained at 64.56; reference rate for the Great Britain Pound (GBP) remained at 82.4796.

Author : Wealth Research              

 

Live Stock Market Updates - Nifty drifts around 8700 stamp

The BSE Mid-top Index is exchanging up 0.39% at 13,595 while BSE Small-top Index is exchanging up 0.55% at 13,295. Out of 1,871 stocks exchanged on the NSE, 519 declined, 1,021 progressed and 331 stayed unaltered today.

The Indian value showcase snapped a three-day losing streak, opening with increases of 0.5%. The local market exchanged level to positive after lukewarm worldwide signals.

At 10:57 AM, the S&P BSE Sensex is exchanging at 28,116 up 55 focuses, while NSE Nifty is exchanging at 8,718 up 20 focuses.

The BSE Mid-top Index is exchanging up 0.39% at 13,595 while BSE Small-top Index is exchanging up 0.55% at 13,295.

Markets got some backing with NITI Aayog bad habit executive Arvind Panagariya's announcement that India can turn into a $10 trillion economy in the following 15 years, from the current $2 trillion, similar to China did in last one and a half decade.

Goodbye Steel, Asian Paints, Cipla, M&M, Power Grid and Hero MotoCorp are among the gainers, while Bharti Airtel, TCS, Adani Ports, Infosys, HDFC and Sun Pharma are losing sheen on BSE.

Some purchasing movement is found in metal, fundamental materials, buyer durables,pharma, utilities and FMCG segments, while telecom, realty and back are indicating shortcoming on BSE.

The INDIA VIX is down 1.98% at 14.1975. Out of 1,871 stocks exchanged on the NSE, 519 declined, 1,021 progressed and 331 stayed unaltered today.

An aggregate of 49 stocks enrolled a crisp 52-week high in exchanges today, while 5 stocks touched another 52-week low on the NSE.

Punjab Chemicals and Crop Protection Ltd is at present exchanging at Rs. 220.85, up by Rs. 14.6 or 7.08% from its past shutting of Rs. 206.25 on the BSE. The top managerial staff of the organization in their meeting hung on October 10, 2016, to use the past due fare continues of Euro 34,76,978 and USD Rs 87,500 esteeming Rs 25,94,19,394/ - according to the overall swapping scale at the season of post facto endorsement from the RBI, from SD Agchem (Europe) N.V, Belgium, an entirely possessed backup of the Company, by underwriting the fare continues by gaining offers in the Company's progression down auxiliary viz. Sintesis Quimica SAIC, Argentina, as per the endorsement got from Reserve Bank of India dated March 31, 2016.

Repco Home Finance Ltd is presently exchanging at Rs. 774, around Rs. 50.1 or 6.08% from its past shutting of Rs. 824.1 on the BSE.

Aarti Industries Ltd has educated BSE that a meeting of Board of Directors of the Company is planned to be hung on October 17, 2016, to consider proposition of buyback of the completely paid-up value shares of the Company including matters related/coincidental thereto. The stock is as of now exchanging at Rs. 690.65, up by Rs. 19.55 or 2.91% from its past shutting of Rs. 671.1 on the BSE.

ITC crawled up 1% to Rs 241. The FMCG major ITC would strip 100% of its value stake in US-based King Maker Marketing Inc for an expected thought of $24 million, according to BSE information.

Goodbye Steel took off 2.4% after the organization is accepted to edge nearer to striking another arrangement over the 15-billion-pound benefits pot that hinders an understanding over of its UK steelworks, as indicated by reports.

Gruh Finance increased 0.60%. The organization will report its money related results for the second quarter finished September 30, 2016.

IRB Infrastructure Developers slipped 1.8%. The organization said the Maharashtra State Road Development Corp had ended the Mumbai-Pune Phase II extend granted to its arm, Mhaiskar Infrastructure Pvt Ltd, in September 2014.

Piramal Enterprises increased 0.82% after the organization declared that its entirely possessed Critical Care auxiliary in the UK has gone into a consent to secure five anesthesia and torment administration injectable items from Janssen Pharmaceutica NV, in an all money bargain for a forthright thought of US$155 million, and up to an extra US$20 million.

MOIL increased 0.67%. The organization submitted to BSE a Post-Buyback open declaration for the buyback of 3,48,12,196 completely paid-up value shares of the Company of the face estimation of Rs. 10 each at a cost of Rs 248 for each value share on a proportionate premise from the value shareholders of the Company, through the delicate offer course.

Dr. Reddy's Laboratories progressed 0.91%. Dr. Reddy's Laboratories declared its entrance into the Colombian market with its arrangement of growth medications.

Oil India is exchanging around 0.31% on the BSE. The organization got environment leeway for Rs 220 crore advancement penetrating venture in Jaisalmer region of Rajasthan.

A2Z Infra Engineering climbed 4.7% to Rs 38.15. The organization has sacked request worth Rs 96 crore from Jharkhand Urja Sancharan Nigam (JUSNL). The request is for plan, building, supply, erection, testing and appointing on turnkey premise of store work of SAIL.

Deepak Nitrite increased 0.83% to Rs 121.50. Deepak Nitrate by means of uncommon determination endorsed the issue of value shares through qualified institutional arrangement.

Ajanta Pharma crept up 0.46% after the pharma organization said its new plans office at Guwahati will be marketed before March 2017.

Dependence Communications progressed 0.53% to Rs 47.65. Dependence Communications said Bombay High Court has endorsed its arrangement to obtain Russian aggregate Sistema's Indian telecom unit, Sistema Shyam Teleservices Ltd, that works under the MTS mark, according to media reports.

Redington (India) dropped 1.7% to Rs 106.85. Standard Chartered Private Equity has expanded its stake in Redington (India) by getting 3.48% partakes in the organization, taking up the aggregate shareholding to 15.41%, worth over Rs 1.50 billion, according to media report.

Dependence Defense is exchanging hardly bring down at Rs 61.55 on the BSE. Dependence Defense and Engineering Ltd, an auxiliary of Reliance Infrastructure Ltd, has marked a reminder of comprehension (MoU) with ALLRIG USA for administrations in the oil and gas part in India and the south-east area.

Adani Transmission zoomed 2% after the organization finished the procurement of the GMR Energy transmission resources, which it purchased in July this year.

ONGC slipped 1.5%. The organization marked a preparatory agreement to procure a stake and work the KG Basin piece of Gujarat State Petroleum Corp. (GSPC), which had declared a noteworthy common gas disclosure and burned through $3 bn to create it.

JSW Steel increased 2.2% after the organization reported most astounding ever Quarterly Crude Steel Production of 3.98 Million Ton for 2Q FY 2016-17 with a development of 22% over comparing quarter. The organization will annouced its Q2 numbers on October 27. The organization to consider sub division of the Equity Shares.

Author : Wealth Research