MARKET SUMMARY FOR 18 MAY 2015

FUTURE:

“BUY HEXAWARE ABOVE 468 TGT 472 SL 465”

“SELL IDEA BELOW 172 TGT 169 SL 175”

Sensex up 118 pts at 27324, Nifty ends up 0.3% and 38.15 points at 8262; metals fall, Banks, infra, auto and FMCG stocks support benchmark indices. Lupin, State Bank of India, HDFC, IndustInd Bank and  Bharti Airtel, M&M, Axis Bank stood gainers stocks with gain of 3.83 per cent, 2.15 per cent, 1.78 per cent, 1.71 per cent,1.45 per cent,1.2 percent and 0.7 percent respectively. Among the losers are Bank of Baroda, Punjab National Bank, Vedanta, NTPC and Cain India, Coal India, Tata Steel and GAIL dipped 2.55 per cent, 2.42 per cent, 2.26 per cent, 1.91 per cent and 1.26 per cent,1.1 percent,1.00 percent, 1.00 percent About 1451 shares have advanced, 1239 shares declined, and 166 shares are unchanged. Nifty closed on a slight negative note at 8224 level. So on upside first resistance is at 8296-99 level. Next resistance are Nifty is in still bearish zone but a strong move above 8283 is good for bulls and on downside if below 8179 be very alert and avoid all longs Have a look at weekly trend. Indian equity ended the Friday’s session with a gain of around half a percent as investors remained hopeful of Reserve Bank of India (RBI) slashing the key policy rate to fuel investments and propel growth. Markets, after a cautious start, gained traction and traded mostly in the green terrain throughout the session and hold their crucial levels Sensex 27,300 and Nifty 8250.top gainers and losers:

MARKET SUMMARY FOR 14 MAY 2015

Sensex flat, Nifty ends above 8200 up by 0.5%;After a volatile session, the market ended flat but the Nifty managed to hold the crucial 8200-level. The 50-share index ended down 11.25 points at 8224. The Sensex was lower 45 points at 27206. These are the times when you have a very good chance to build a good portfolio especially after the recent correction because the stocks with great earning prospects are trading at the cheaper valuations at the moment, and those stocks which have participated in the previous rally can still be considered once again and moreover even some of the small caps and the mid caps can be bought keeping in mind the medium to long term prospective. Among the Nifty stocks, Asian Paints, Punjab National Bank, Hindalco, BPCL and State Bank of India are the top performing stocks with gain of 4.26 per cent, 3.49 per cent, 3.07 per cent, 2.87 per cent and 2.62 per cent, respectively.However, Lupin, Vedanta, Power Grid Corporation of India, HCL Technologies and Sun Pharmaceuticals are top losers with lose 3.17 per cent, 1.60 per cent, 1.24 per cent, 1.23 per cent and 1.20 per cent,About 1486 shares advanced, 1215 shares declined and 156 shares were unchanged. Oil, metals and auto stocks lend major support to the market. Hindalco and SBI rose 3 percent each while Bajaj Auto was up 2 percent. M&M and Tata Steel were other gainers. IT drags, oil & auto up Technology stocks were under pressure. Infosys and Wipro were down around 1 percent each. Vedanta, Sun Pharma and HDFC were other losers in the Sensex.top gainers and losers are:

MARKET EYEING RESULTS TODAY AND TOMORROW

Nifty ended up 108 points 1.4% at 8256; bank , auto & infra up Banks moves through out the day with big gainers like Axis Bank, ICICI Bank and SBI. GAIL and BHEL were other top gainers . Among the losers were Hindalco, Bharti Airtel, NTPC, Vedanta and Bajaj Auto. After a volatile day, the market ended at higher levels.The Sensex was up 373 points or 1.4 percent at  27251. About 1652 shares  advanced, 1051 shares declined and 160 shares were unchanged. global financial volatility will additional risks to India's growth this year, but the GDP is likely to average around 7.5 per cent over the next months due to improvement in business environment and reforms. The current growth conditions in India reflect both global and domestic factors.Top gainer and losers are:

                                   Top Gainers 

Company		Price		% Gain
Axis Bank		558.50		4.91
ICICI Bank		317.65		3.07
GAIL		378.40		3.04
Ambuja Cements		235.15		2.75
IDFC		157.95		2.73

                                    Top Losers 

Company			Price		% Loss
Lupin			1,689.50		-3.36
Hindalco			133.50		-2.98
Bharti Airtel			382.55		-2.30
NTPC			138.40		-2.29
Zee Entertain			305.20		-1.07

TODAY RESULT

LUPIN FALLS BY 4.1% ENDED AT 1684 Lupin  net profit of Rs 621 crore, up 12.4 percent in the quarter ended March 2015 as against Rs 553 crore in the year-ago period. During the period, its revenue is likely to grow 10.2 percent to Rs 3362.8 crore versus Rs 3051.6 crore year-on-year.

ADANI ENTERPRISES UP BY 7.7% ENDED AT 727 adani enterprises fourth quarter consolidated net profit was down 74 percent at Rs 737 crore versus Rs 2,847.8 crore, in the same quarter last year. The company’s other income rose 48 percent at Rs 366.7 crore against Rs 247.7 crore. This quarter includes exceptional gain of Rs 59.6 crore.

UPCOMING RESULT ON 14 MAY 2015

MARKET SUMMARY FOR 12 MAY 2015

Sensex falls 630 points 2.4 percent at 26855, Nifty ends down 207 points 2.5 percent at 8118. Tata Steel, Cairn India,Vedanta, BHEL, ICICI Bank and Tata Power were top losers Dr Reddy's Labs and Hero Motocorp were top gainers. Today’s sell off was broad with every single sector index closing in the red. Worst hit were shares from the capital goods, banking, oil & gas, power, realty and auto sectors. About 772 shares advanced, 1943 shares declined, and 147 shares were unchanged. After hitting record highs in this year, indices have been on a downtrend, making lower highs on each rebound and lower lows on each correction.

TODAY RESULT

Dr Reddy’s up by 3.3%.Dr Reddy's Labs Q4 net up 8% Dr Reddy's Labs  has net profit of Rs 519 crore in the quarter ended March 2015 up 7.8% from Rs 481.6 crore in the corresponding quarter last fiscal. During the period, total income was up 11.2 percent at Rs 3870 crore.

Apollo tyres falls by 1.1%.Apollo Tyres Q4 net up 9%at Rs 307 cr for the fourth quarter ended March 31.The company had posted a consolidated net profit of Rs 281 crore during the same period of previous fiscal. Net sales of the company, however, declined to Rs 3,098 crore during the same period compared with Rs 3,211 crore in the same period of previous financial year. top gainers and losers are

MARKET UPDATE FOR 11 MAY 2015

CALLS GIVEN ON 8 MAY 2015

TATAMOTOR CALL ROCKS..!!!!! ACHIEVED TGT 525 AND MADE A HIGH OF 531

AXISBANK CALL  HIT THE TGT 552 MADE A HIGH OF 554.85

CALLS FOR 12 MAY 2015

FUTURE:

"BUY SUNPHARMA ABOVE 969 TGT 985.00 SL 949.00"

"BUY APOLLOTYRE ABOVE 173.50 TGT 179.00 SL 168.00"

MARKET SUMMARY FOR TODAY

 The Nifty closes at 8325 up 133 points or 1.63%. Sensex closed at 27507, up 402  points or 1.48 %. up 133.75 points or 1.63 percent. HDFC, State Bank of India, Infosys, ICICI Bank, Tata Motors and Sun Pharma were among the major contributors to the rally. SBI and Vedanta up over 5 % while Hero, Tata Motors and Tata Steel were lead gainers while HUL, ITC, Wipro and Bharti Airtel were losers .
TODAY RESULT

Bank of baroda rising 17 percent. Because of improvement in asset quality was better .but Bank of Baroda ’s net profit fell 48%  to Rs 598 crore in the March quarter from Rs 1157 crore in the corresponding quarter last fiscal. fall in profit is due to increase in non-performing loan (NPLs) provisionmainly due to higher restructuring.Top gainers and losers are