Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Capitalstars | Commodity tips |INDIAN EQUITY MARKET OUTLOOK | Share Tips Expert:- 15 Dec, 2017

Indian equities cheer expected BJP victory;

Indian Indices:

SGX Nifty indicating a positive opening for the Indian Equities. All the major exit polls predict a comfortable victory for BJP in Gujarat and Himachal Pradesh state elections.

The domestic equity benchmark indices are likely to open higher today, tracking positive cues from Nifty futures on the Singapore Stock Exchange and 
mixed cues from global peers. positive trend in the SGX Nifty Index Futures for December delivery, which were trading at 10,366, up by 77.50 points or 
0.75%, at 11:36 AM Singapore time, also signaled a positive start for the domestic equity bourses. The investors are likely to cheer Exit polls which 
predicted that BJP would win Gujarat assembly elections and a clean sweep in Himachal Pradesh.

Indian equity benchmarks closed volatile trade on a positive note as investors waited for early forecasts on the winner of a key state election, 
with sentiment also muted as inflation ticked higher and industrial output weakened.

On the economy front

After retail inflation, wholesale price index (WPI) inflation accelerated to 3.93 per cent in November due to a sharp rise in onion 
prices and costlier seasonal vegetables, government data showed on Thursday. It was 3.59 per cent in October this year, and 1.82 per cent in November 
last year.

On the corporate front

 Shalby, a multi­specialty hospital chain, which recently concluded its Rs 504 crore initial public offering, will debut on bourses today. 
Among others, shares of IDBI Bank will remain in focus after Fitch Ratings has placed the stat­run bank on ‘rating watch evolving.

Global Market:

·       Major Asian markets are trading in the red with Shanghai Composite, down 0.71%, Hang Seng trading flat down 1.03% while Nikkei is trading 0.89% lower.

·       US Markets: After an early move to the upside, stocks turned lower over the course of the trading session on Thursday. While the Dow ended 0.3% lower at 24,508.66, the Nasdaq fell 19.27 points to 6,856.53 and the S&P 500 also closed in the red down 0.4% at 2,652.01.

·       European markets also closed in the red yesterday with FTSE down 0.65%, CAC down 0.79% and DAX also ended 0.45% lower.
Major Headlines of the day:

·        Religare Enterprises
o   Bay Capital Advisors Private Limited buys 21,25,294 shares at Rs 58.50 per share
o   IDBI Trusteeship Services sells 1,13,02,355 shares at Rs 58.51 per share
o   India Horizon Fund buys 71,50,000 shares at Rs 58.50 per share

·        Donear Industries Q2FY18 YoY
o   Revenue up 5 percent at Rs 135.5 crore
o   EBITDA up 24 percent at Rs 14.4 crore
o   Margins up 160 bps at 10.6 percent
o   PAT up 58 percent at Rs 5.2 crore

·        HDFC Bank
o   Board meeting on December 20 to mull a proposal for raising funds
o   To mull fund-raising by issue of shares/ depository receipts/ QIP/ ADR

Trend in FII flows: The FIIs were Net Value of Rs 232.17 the cash segment on Thursday while the DIIs were Net Value of Rs -374.21 as per the provisional figures.

Securities in Ban For Trade Date 15-DEC-2017:



Commodity tips
stock market tips
Free Commodity Tips
Share Tips Expert
Share Tips
Nifty Futures Tips
capitalstars payment
capitalstars Services

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

This post first appeared on Capitalstars| Commodity Trading Tips Provider| Intraday Stock Tips, please read the originial post: here

Share the post

Capitalstars | Commodity tips |INDIAN EQUITY MARKET OUTLOOK | Share Tips Expert:- 15 Dec, 2017


Subscribe to Capitalstars| Commodity Trading Tips Provider| Intraday Stock Tips

Get updates delivered right to your inbox!

Thank you for your subscription