Interviews for PSU Banks CMD and ED posts are likely to be held in the second week of Nov. A panel headed by RBI chief will hold interviews of eligible candidates. Eight posts of CMDs and a dozen posts of EDs are to be filled.
Friday, October 31, 2014
BSE LISTED COMPANIES MARKET CAP TOUCHES NEW HIGH
Market cap of BSE listed companies has touched all time of Rs 96.85 lac crores as on today.
INDIA'S GROWTH SLOWS DOWN
India's eight core industries grew only by 1.9% in Sept, the slowest pace in eight months, against 9% in the same month last year due to fall in output of crude oil, natural gas, refinery products and fertiliser.
This will have negative impact stock market when it opens on Monday.
This will have negative impact stock market when it opens on Monday.
FIIs have net bought for Rs 1755, DIIs scale down net selling
FIIs are net buyers in cash market again. In last two trading days they have net bought in excess of Rs 2500 cr in cash market. DIIs in today's market were net sellers to the extent of Rs 276 crores.
BSE REVISES CIRCUIT FILTER FOR 15 STOCKS
BSE has revised circuit filter for the following stocks WEF 03-11-2014.
Sr. No.
|
Scrip Code
|
Scrip Name
|
Circuit Filter % Revised to
|
1
|
538707
|
Rajasthan Cylinders & Containers Ltd
|
20
|
2
|
538715
|
Dhabriya Polywood Ltd
|
20
|
3
|
501370
|
Walchand Peoplefirst Ltd
|
10
|
4
|
524440
|
Camex Ltd
|
10
|
5
|
526687
|
Polo Hotels Ltd
|
10
|
6
|
531175
|
BLS Infotech Ltd
|
5
|
7
|
531650
|
Vax Housing Finance Corporation Ltd
|
5
|
8
|
531686
|
Advik Laboratories Ltd
|
5
|
9
|
532858
|
Decolight Ceramics Ltd
|
5
|
10
|
511682
|
IFL Promoters Ltd
|
5
|
11
|
517288
|
Gujarat Poly Avx Electronics Ltd
|
5
|
12
|
523248
|
Machino Plastics Ltd
|
5
|
13
|
523732
|
Ecoboard Industries Ltd
|
5
|
14
|
530843
|
Cupid Ltd
|
2
|
15
|
538364
|
Birdhi Chand Pannalal Agencies Ltd
|
2
|
SBI CAP SECURITIES : OCTOBER ROLLOVER HIGH LIGHTS
F&O Rollover Highlights : Oct 2014
- Nifty Oct future Settled at 8169.2 against Sep future settlement of 7911.85 gaining 3.25%.
- Market wide rollover 85.38% compared to 83.55% of previous month and 3 month's average of 84.2%.
- Nifty rollover seen at 63.6%, lower compared to previous expiry rollover of 72.35% and 3 month's average of 71%.
- Nifty future OI Stands at 195 L shares, higher by 15.66% compared to the previous Expiry.
- Maximum open interest build up in Nifty options observed at 8300 Call and 8000 Put
- Sector wise strong rollover observed in Textile, Telecom, Infra and Realty.
- Sector wise weak rollover observed in Metals, FMCG and Technology.
- Individual highest rollover observed in IBREALEST, KTKBANK, INDIACEM, RCOM, BATA INDIA, and ABIRLANUVO.
- The significant gain in rollover compared to previous rollover observed in GAIL, IDBI, IOB, ANDHRA BANK, IDEA, and RELINFRA, while drop of rollover observed in PTC, AMBUJACEM, PETRONET, ULTRACEMCO, and TECHM.
11 NIFTY STOCKS HIT NEW 52 WEEK HIGH
Eleven NIFTY stocks have hit new 52 week high. They are - GAIL, BPCL, Cipla, Maruti Suzuki, Infosys, Kotak Mahindra Bank, Axis Bank, HDFC Bank, Indusind Bank, Bajaj Auto and ICICI Bank.
NIFTY : TOP GAINERS, LOSERS
GAINERS
| Symbol | LTP | % chng | Volume |
| IDFC BPCL HDFC LT TATAPOWER | 156.25 728.25 1,103.55 1,655.50 93.90 | 5.40 3.73 3.65 3.62 3.59 | 1,82,45,948 16,27,964 32,05,500 24,94,430 56,17,883 |
| Losers | |||
| Symbol | LTP | % chng | Volume |
| BHARTIARTL ZEEL ACC ITC - | 399.85 344.00 1,494.20 354.65 - | -1.88 -0.96 -0.18 -0.07 - | 1,46,54,576 16,35,634 3,62,808 96,50,775- |
48 OUT 50 FIFTY STOCKS ARE IN GREEN
NIFTY is 94 points as of now and 48 out of 50 stocks are in green. Only DLF and Bharti Airtel are in the red.
RIL WILL BE SECOND MOST VALUED COMPANY BY NOV END.
RIL is up Rs 12 in the morning trade and its market cap stands at Rs 3.21 lac crore as against ONGC's Rs 3.44 lac core. RIL has woken up from its slumber and the up move to continue in November too. We expect the RIL to move to second position in terms of market cap in Nov overtaking ONGC. TCS is the most valued company with market cap over Rs 5 lac crores.
LINKEDIN REVENUES UP, NET DOWN
LinkedIn has posted net loss for the Sept quarter also. The company reported a 45 per cent rise in quarterly revenue. The company's net loss stood at $4.3 million, in the quarter ended Sept. 30, as against $3.4 million loss reported in the June quarter.
TODAY’S PICK FOR TRADING
BUY CALL
(AMOUNT IN RUPEES)
|
COMPANY
|
BUY
AT
|
STOP
LOSS
|
TARGET
|
|
|
|
|
|
|
SUN
|
823
|
818
|
847
|
|
|
|
|
|
|
HUL
|
727
|
722
|
739
|
|
|
|
|
|
|
JSPL
|
155
|
153
|
162
|
|
|
|
|
|
|
ULTRATECH
|
2508
|
2494
|
2561
|
|
LUPIN
|
1341
|
1334
|
1373
|
MARKET TURNOVER AT RECORD HIGH
As against the daily average turnover around Rs 3 lac crores, the combined market turnover, including F&O and cash markets on BSE and NSE, touched a record R10.52 lakh, on 30-10-2014. Yesterday was the last day for unwinding positions in F&O.
Thursday, October 30, 2014
FORTHCOMING IPO: POWER MECH PROJECTS LIMITED
|
ISSUE SIZE
|
42,69, 000 EQUITY SHARES
|
|
PROMOTERS
|
S KISHORE BABU
|
|
BUSINESS
|
CONSTRUCTION – POWER, INFRA AND
PETRO CHEMICALS
|
|
FACE VALUE
|
RS 10
|
|
ISSUE PRICE
|
TO BE DECIDED
|
|
|
|
|
LISTING
|
BSE / NSE
|
|
BRLM
|
KOTAK MAHINDRA CAPITAL, IIFL
AND MOTILAL OSWAL
|
|
REGISTRAR
|
KARVY
|
|
|
NSE NEWS : NIFTY FUTURES LOT SIZE CUT TO 25
NSE has halved the lot size of Nifty Futures to 25 from October 31, the day on which new contracts for January 2015 will be available for trading. The Nifty lot size has been 50 since March 2007. The resizing comes on the back of doubling of the Nifty value over this period.
IFCI's NCD FULLY SUBSCRIBED
IFCI's Rs 250 cr NCD has been fully subscribed as on date. It has received 1.1 times subscription as on today and the offer closes on 21-11-2014. IFCI has the option to retain over subscription to the extent of Rs 2000 crores.
FIIs NET BUY IN EXCESS OF RS 1250 CR
FIIs have stepped up their delivery based buying in today's trade. They have net bought for Rs 1257 crores in cash market. DIIs have net sold for Rs 94 crores. Benchmark Sensex was up by 248 and NIFTY by 79 points due to this.
SBI's FACE VALUE SPLIT WEF 20-11-2014
SBI's face value will be split from Rs 10 to Rs 1 with effect from 20-11-2014.
NIFTY : TOP GAINERS
| Symbol | LTP | % chng | Volume |
| DLF HCLTECH TECHM RELIANCE INDUSINDBK | 124.00 1,578.50 2,482.00 980.25 711.40 | 4.95 4.40 3.55 3.01 2.75 | 3,65,74,990 18,35,059 24,46,479 73,27,657 17,21,348 |
MARUTI's Q2 NET BEATS ESTIMATES
Maruti Suzuki has posted a net profit of Rs. 862 crores for the quarter ended September 30, 2014 as compared to Rs. 670 crores for the quarter ended September 30, 2013. Analysts were expecting net profit around Rs 840 crores. Total Income has increased from Rs. 10569 crores for the quarter ended September 30, 2013 to Rs. 12497 crores for the quarter ended September 30, 2014.
SUN PHARMA FY 15 Q2 RESULTS ON 13-11-2014
Sun Pharmaceutical Industries has informed the exchanges that a meeting of the Board of Directors of the Company will be held on November 13, 2014, inter alia, to consider and take on record the unaudited financial results of the Company for the second quarter ended September 30, 2014 (Q2).
TODAY’S PICK FOR TRADING
BUY CALL
(AMOUNT IN RUPEES)
COMPANY
|
BUY
AT
|
STOP
LOSS
|
TARGET
|
LUPIN
|
1350
|
1341
|
1374
|
SUN
|
824
|
818
|
844
|
TCS
|
2500
|
2487
|
2548
|
JSPL
|
154
|
151
|
163
|
RIL
|
947
|
936
|
969
|
AVOID TRADING IN BANK AND AUTO STOCKS FOR TODAY
|
MOTILAL OSWAL RECOMMENDS BUYING LUPIN
Motilal Oswal has maintained ‘buy’ rating on Lupin with a revised target price of Rs 1,630 valuing the stock at 22x FY17e EPS. Lupin is their top pick among large cap pharma companies. They marginally lower our sales and ebitda estimates for FY15e-17e. While Q2FY15 missed estimates operationally, the long-term growth drivers continue to be in place. They estimate core EPS of Rs 48/ Rs 60.9/ Rs 73.8 for FY15e/ FY16e/ FY17e — 34% EPS CAGR for FY14-17e.
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