Stock Market Live - ICICI Bank drops 1.8% after block deal

ICICI Bank Ltd is currently trading at Rs 255.1, down by Rs 4.75 or 1.83% from its previous closing of Rs 259.85 on the BSE. Around 21.3 lakh shares were traded in a single block. 

Technical Research Report On Benchmark Indices Of India

https://www.capitalheight.com/blog/technical-research-report-benchmark-indices-india-2/

The scrip opened at Rs 257 and has touched a high and low of Rs 257 and Rs 254.25 respectively. So far 19788742 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 151,230.49 crore. 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 298.2 on 10-Nov-2016 and a 52 week low of Rs 180.8 on 26-Feb-2016. Last one week high and low of the scrip stood at Rs 267.4 and Rs 255 respectively.  

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 65.5 % and 9.13 % respectively.  

The stock is currently trading below its 50 DMA.

Top Stocks For Today--इन शेयरों पर ध्यान तो जरा, भर जाएगा आपका खजाना

एचडीएफसी सिक्योरिटीज में हेड ऑफ सेल्स, पराग ठक्कर का कहना है कि जब भी किसी भी सेक्टर का बुरा दौर चल रहा है, तो उस सेक्टर के शेयरों में जरूर खरीदारी करनी चाहिए। कभी मेटल में 200 रुपये के भाव पर मॉयल में खरीदारी की सलाह दी है, और आज इसका भाव 350 रुपये के आसपास है। लिहाजा बुरे माहौल में किया गया निवेश आगे चलकर अच्छे रिटर्न देने का पूरा दमखम जरूर रखता है। हालांकि, अभी मौजूदा माहौल में मेटल में ज्यादा तेजी की रणनीति बनाने की सलाह नहीं होगी। लेकिन मेटल में नाल्को में खरीदारी की जा सकती है, क्योंकि यहां ज्यादा तेजी देखने को नहीं मिली है।

नोटबंदी पर मोदी जी ने साधा निशाना 

Click Here: goo.gl/GtwNa6

पराग ठक्कर के मुताबिक आईटी सेक्टर में अभी छोटी तेजी दिख चुकी है। साथ ही यूस बैंकिंग के मुनाफे में बढ़त दिखी है जिससे आगे आईटी पर खर्च बढ़ने के आसार हैं। वहीं हाल में टीसीएस की कमेंटरी काफी पॉजिटिव रही थी, ऐसे में अगर आईटी शेयरों में पोजीशन है तो उसे जरूर बनाए रखें। एचसीएल टेक का 12-14 फीसदी की ग्रोथ का गाइडेंस है, जो काफी अच्छा कहा जा सकता है। लिहाजा आईटी शेयरों में एचसीएल टेक में निवेश करना सुरक्षित दांव हो सकता है। आईटी शेयरों में टीसीएस पर भी फोकस किया जा सकता है।

पराग ठक्कर ने कहा कि शहरी इलाकों में घरों के निर्माण में सुस्ती रहने का अनुमान है, जबकि ग्रामीण इलाकों में भी 1-2 तिमाहियों तक यही स्थिति बनी रह सकती है। हालांकि 1-2 तिमाहियों के बाद ग्रामीण इलाकों में इंफ्रा से जुड़ी गतिविधियों में तेजी देखने को मिल सकती है। इस लिहाज से सीमेंट शेयरों में ग्रासिम पर फोकस करना चाहिए।

For Free Trading Tips Click Here:

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

वहीं ऑटो सेक्टर पर अपनी राय देते हुए पराग ठक्कर ने कहा कि 15 दिसंबर के बाद डॉलर की तेजी थम सकती है, ऐसे में एफआईआई की बिकवाली भी रुक जाएगी। नोटबंदी से ऑटो शेयरों में काफी करेक्शन देखने को मिला है, ऐसे में मौजूदा स्तरों पर ऑटो शेयरों में खरीदारी करने का काफी अच्छा मौका नजर आ रहा है। हालांकि ऑटो शेयरों में एक साथ सारा पैसा ना डालें, बल्कि हर गिरावट पर धीरे-धीरे निवेश की रणनीति अपनाएं। ऑटो शेयरों में मारुति सुजुकी, हीरो मोटोकॉर्प और बजाज ऑटो में निवेश करने का अच्छा मौका है।

Live Commodity Updates: Local Gold Tracks Weak Rupee

Local Gold Tracks Weak Rupee, INR Tests All Time Low Near 69 Levels

MCX Gold futures dropped near Rs 28600 per 10 grams as the massive selling pressure in global market hit the local futures. COMEX Gold is currently trading around its nine month low and sentiments have turned heavily against the metal after prices fell below $1200 per ounce. However, the traders are a bit cautious ahead of the Thanksgiving Day holiday in US and a further drop from hereon could be curtailed due to limited trading activity. COMEX Gold is quoting around $1188 per ounce, down 0.22% on the day. MCX Gold futures are trading at Rs 28730 per 10 grams, down 0.34% on the day.

https://www.capitalheight.com/blog/sensex-nifty-post-biggest-loss-series-since-aug-2013/ 

Visit @ www.capitalheight.com/freetrial.php

Or Missed call @830-630-830-8

Indian Crude Oil Basket Nears $47 Level

Commodities Buzz: Indian Crude Oil Basket Nears $47 Level

The international crude oil price of Indian Basket as computed today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 46.73 per barrel (bbl) on 23.11.2016. This was higher than the price of US$ 46.58 per bbl on previous publishing day of 22.11.2016.

Stock Market News -- दिसंबर अंत तक डॉलर के मुकाबले रुपया 70 तक टूटेगा!

दिसंबर अंत तक डॉलर के मुकाबले रुपया 70 तक टूटेगा! 
डॉलर के मुकाबले रुपये में कमजोरी बढ़ गई है और ये रिकॉर्ड निचले स्तर पर आ गया है। फिलहाल डॉलर के मुकाबले रुपया 68.70 के आसपास कारोबार कर रहा है। दिग्गज एजेंसियों ने रुपये में और कमजोरी बढ़ने की आशंका जताई है। डॉएश बैंक ने कहा है दिसंबर के अंत तक डॉलर की कीमत 70 रुपये तक जा सकती है। वहीं बार्कलेज ने भी रुपये को 70 तक टूटने का अनुमान दिया है। सीएलएसए को भी लगता है कि डॉलर की कीमत 70 रुपये तक जाने की पूरी संभावना है। 

आज के परिणाम 

Manpasand Beverages Q2 FY17 PAT jumps 25% YoY

Click Here: https://www.capitalheight.com/blog/manpasand-beverages-q2-fy17-pat-jumps-25-yoy/

अधिक जानकारी के लिए लिंक पर क्लिक करे 

www.capitalheight.com/freetrial.php

हमें मिस्ड कॉल भी कर सकते हे :830-630-830-8

दरअसल अमेरिका में अगले महीने ब्याज दरें बढ़ने की संभावना बढ़कर 94 फीसदी पर चली गई है, ऐसे में डॉलर 14 साल की ऊंचाई पर है। अमेरिका में इकोनॉमी के अच्छे आंकड़ों से भी डॉलर को सपोर्ट मिला है, जबकि नोटबंदी से घरेलू बाजार में रुपये पर दोहरा दबाव है।

Commodity Market Live - सोना हुआ सस्ता, दाम ₹29000 के नीचे

कारोबार के लिए ट्रेडिंग टिप्स

Click Here: https://www.capitalheight.com/blog

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

सोना काफी सस्ता हो गया है। घरेलू बाजार में सोना 8 महीने और ग्लोबल मार्केट में सोना करीब 9 महीने के निचले स्तर पर आ गया है। घरेलू बाजार में इस हफ्ते सोना 29000 रुपये के नीचे आ गया है। सिर्फ 10 दिन में सोने का दाम करीब 2500 रुपये गिर चुका है। दरअसल अगले महीने अमेरिका में फेडरल रिजर्व की बैठक है और इससे पहले डॉलर पिछले 13 साल के ऊपरी स्तर पर पहुंच गया है। डॉलर में आई मजबूती से ग्लोबल मार्केट में सोने की कीमतों पर दबाव बढ़ गया है। जानकार मान रहे हैं कि आने वाले दिनों में सोने में गिरावट और गहरा सकती है।

Nifty to Open at 8235, Down 100 Points

Indian Market Outlook:

Market outlook: 8,600 key resistance level of Nifty50; experts advise caution

Click Here: https://www.capitalheight.com/blog/ 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

India's Benchmark Nifty is opening 100 points gap down today. FII's have been heavy sellers in both cash and F&O segment. This is the result of Dollar outflows from the country because of the increased probability of a December Rate hike by the US FED. The chances of December rate hike has increased as confirmed by the upside breakout in the 3 month US treasury yield. Similar phenomena occurred during FED's last rate hike in Nov-Dec 2015, where Nifty fell by 500 points.  

The big support for Nifty stands at 8076, the panic low of last week when the US presidential election results were announced. Banking stocks continue to outperform their peers globally which makes 19500 a major support for Bank Nifty and an important resistance at 20300.  

Nifty Futures is expected to open at 8235 as per SGX Nifty at 8:30 am IST, which is 100 points below its previous close of 8335.

Live Stock Market Updates

Sensex tanks 554 points as Trump's win, Modi's surgical strike on black money rattle investors 

More Details: https://www.capitalheight.com/blog/

Indian stocks and the rupee fell on Wednesday as Republican Donald Trump stunned the world on Tuesday by defeating heavily favoured Hillary Clinton in the race for the White House, ending eight years of Democratic rule and sending the United States on a new, uncertain path.

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

Domestic sentiment was also hit due to uncertainty sparked by the country's move to withdraw larger banknotes from circulation.  

At 1.20 p.m., the 30-share BSE index Sensex was down 554.12 points or 2,01 per cent at 27,037.02 and the 50-share NSE index Nifty was down 182.85 points or 2.14 per cent at 8,360.70.  

Among BSE sectoral indices, realty index plunged the most by 13.76 per cent, consumer durables 7.08 per cent, infrastructure 4.36 per cent and auto 4.28 per cent.  

Major Sensex losers were Adani Ports (-6.34%), Hero MotoCorp (-6.31%), ICICI Bank (-5.37%), TCS (-4.81%) and Maruti (-4.35%).  

Early trade  

The Sensex opened sharply lower at 26,251.38 points and moved further down within seconds to touch a low of 25,902.45 points — down 1,689 points from its previous close — with all 30 stocks from the benchmark index trading deep in the red.  

However, buying at lower levels helped the Sensex to recover some lost ground in the afternoon trade.  

The overall investors’ wealth, measured in terms of valuation of all listed stocks, was down by nearly Rs. 6 lakh crore in early morning trade from nearly Rs. 111.44 lakh crore at the end of yesterday’s trade.

Stock Updates - Stocks In Focus 08-Nov-2016

Sensex rallies over 100 points; Nifty above 8,500 mark

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

At 9:35 AM, the S&P BSE Sensex is trading at 27,563 up 104 points, while NSE Nifty is trading at 8,526 up 28 points. The BSE Mid-cap Index is trading up 0.35% at 12,959 whereas BSE Small-cap Index is trading up 0.71% at 13,123.
          Tata Motors, ICICI Bank, Bajaj Auto, Dr Reddy's and Asian Paints are among the gainers, whereas ITC, HDFC, Adani Ports, L&T, HDFC Bank and M&M are losing sheen on NSE. Some buying activity is seen in auto, industrial, realty, consumer durables and IT sectors, while FMCG is showing weakness on BSE.
        The INDIA VIX is down 0.51% at 16.4225. Out of 1,861 stocks traded on the NSE, 389 declined, 1,064 advanced and 408 remained unchanged today. A total of 18 stocks registered a fresh 52-week high in trade today, while three stocks touched a new 52-week low on the NSE.

Stock Updates - Stocks In Focus 28-Oct-2016

Sensex Falls Over 100 Points, Nifty Trades Below 8,600

Current Market Live Updates

Click Here: https://www.capitalheight.com/blog/

9:34 a.m.: Sensex fell over 100 points and Nifty moved below its crucial psychological level of 8,600 on the back of selling pressure in select IT and banking shares. As of 9:19 a.m., the Sensex traded 78 points lower at 27,837 and Nifty was down 20 points at 8,595. From the Nifty basket of shares, 30 were declining while 21 were advancing.  

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

Stocks In Focus

• Bajaj Auto: The company will report its September quarter numbers later in the day. Analysts polled by NDTV Profit expect the company to post net profit of Rs. 1,025 crore on sales of Rs. 6,109 crore. Its operating profit or EBITDA is expected to come in at Rs. 1,252 crore compared with 1,317 crore during the same quarter last year.  
• Eicher Motors: Analysts expect Eicher Motors to report net profit of Rs. 393 crore on sales of Rs. 1,777 crore.  
• Vedanta Ltd: The mining conglomerate promoted by Anil Agarwal will also report its September quarter numbers later in the day. Analysts expect Vedanta to report net profit of Rs. 1,106 crore on sales of Rs. 15,741 crore. EBITDA or operating profit is expected to come in at Rs. 4,139 crore compared with Rs. 3,493 crore during the previous quarter.  
• Bharat Financial Inclusion: Formerly known as SKS Microfinancce is expected to report net profit of Rs. 144 crore on net interest income of Rs. 214 crore.  
• Tech Mahindra: The IT company on Thursday reported strong set of September quarter earnings. Its net profit came in at Rs. 644.7 crore on sales of Rs. 7,167 crore. During the quarter, Tech Mahindra reported strong revenue growth as its dollar revenues grew at 4 per cent against expectation of 1.3 per cent.  
• United Spirits: The liquor maker reported September quarter earnings post market hours on Thursday. The company reported net profit of Rs. 82.5 crore on sales of Rs. 2,037 crore. Overall margins for United Spirits were flat during the quarter.

Top Stock Picks for Today 27-Oct-2016

Live: Sensex slips over 110 points, Nifty hits below 8,600; Tata stocks widen losses

Current Market Live Updates

Click Here: https://www.capitalheight.com/blog/

10.40am: The BSE Sensex is down by 111.10 points, or 0.40%, to 27,725.41, while the Nifty50 of the National Stock Exchange (NSE) shed 47.25 points, or 0.55%, to 8,568.  

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

10.30am: Eclerex Services Ltd falls 8.2% to Rs1,534.35 on the back of higher volumes.  

10.20am: Lakshmi Machine Works Ltd falls 5% to Rs4,271.95 after the company said its net profit for the September quarter fell 31.7% to Rs37.92 crore against Rs55.54 crore a year ago.  

10.10am: IIFL Holdings Ltd rises 5% to Rs296.85 after the company said its September quarter rose 31% from a year ago to Rs183 crore.  

10.00am: ITC Ltd rises 1.4% to Rs242.20 after the company said its second-quarter profit rose 10.5% from a year earlier largely on account of an increase in operating profit from its cigarette business. Net profit rose to Rs2,500 crore in the three months ended 30 September from Rs2,262.5 crore a year ago, the company said on Thursday.

Result Today - Just Dial Q2 profit seen down

 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

Just Dial Q2 profit seen down 30% on operational pressure

India's local search engine Just Dial is expected to report a 30 percent degrowth in second quarter profit at Rs 32.5 crore on weak operational performance quarter-on-quarter, according to analysts polled by CNBC-TV18.  

Revenue during the quarter is seen rising 8.9 percent to Rs 186.5 crore from Rs 171.3 crore on sequential basis.  

Operating profit may fall 20.7 percent quarter-on-quarter to Rs 31.5 crore and margin may contract 630 basis points to 16.9 percent in Q2. The company increased its sales force to drive sales growth and hence margin may see a further correction QoQ. Q1 margin was at 25.06 percent.  

Core business growth is expected to remain tepid as information becomes increasingly commoditised.  

JD Omni sales were stopped during Q2. JD Omni is a billing and inventory management system and is basically B2B.

Live Stock Market News ; Sensex Volatile, Midcap Outperforms

Equity benchmarks continued to consolidate after yesterday's sharp run as investors awaited more quarterly earnings. The broader markets marginally outperformed benchmarks. Endurance Technologies surged 22 percent on debut. The stock opened at Rs 572 per share against issue price of Rs 472 per share.

For More Market Details Visit Us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

Equity benchmarks continued to consolidate after yesterday's sharp run as investors awaited more quarterly earnings. The broader markets marginally outperformed benchmarks. The 30-share BSE Sensex was down 26.22 points at 28024.66 and the 50-share NSE Nifty fell 4.75 points to 8673.15. About 1307 shares advanced against 640 declining shares on the BSE. Endurance Technologies surged 22 percent on debut.

The stock opened at Rs 572 per share against issue price of Rs 472 per share. BHEL and GAIL topped the buying list, up 3-4 percent followed by Reliance Industries, Sun Pharma, Lupin, Axis Bank, ONGC and L&T. ITC, ICICI Bank, HDFC Bank, TCS, Tata Motors, HDFC and HUL saw profit booking.

BHEL, Asian Paints, HDFC Bank, Sun Pharma and Axis Bank are top gainers while Tata Motors, Coal India and L&T are losers in the Sensex. The Indian rupee opened marginally higher at 66.68 per dollar on Wednesday against previous close 66.72.

Latest Stock Market News ; Nifty eyes 8600, Sensex climbs over 200 pts

ICICI Bank, Adani Ports, Axis Bank, Tata Motors and Tata Steel are top gainers in the Sensex.

Today's Latest Updates Visit Our Site Now

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8" 

The stock market is still surging with the Sensex up 207.49 points or 0.7  percent at 27737.46. The Nifty is up 61.95 points or 0.7 percent at 8582.35. About 1397 shares have advanced, 335 shares declined, and 85 shares are unchanged. 

Tata Steel, Adani Ports, HDFC, ICICI Bank and BHEL are top gainers in the Sensex. Asian Paints, Bharti and Hero are losers in the Sensex. 

The Indian market has opened in positive territory with support from banks. The Sensex is up 189.61 points or 0.7 percent at 27719.58 and the Nifty is up 51.40 points or 0.6 percent at 8571.80. About 729 shares have advanced, 134 shares declined, and 33 shares are unchanged. 

ICICI Bank, Adani Ports, Axis Bank, Tata Motors and Tata Steel are top gainers in the Sensex. The Indian rupee gained in the early trade. It has opened higher by 10 paise at 66.79 per dollar versus previous close 66.89.

Stock Market Tips ; Nifty hits 8600 but soon slips into red; ICICI, Infosys, SBI up

For  Latest Market Details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

The Indian stock market opened higher Monday but soon run out of breath. After touching 8600 briefly, the Nifty is down 1.25 points at 8582.15 and the Sensex is up 15.52 points at 27689.12. ICICI Bank, NTPC, Infosys, SBI and GAIL are top gainers while Reliance, Bajaj Auto, TCS and HDFC are losers in the Sensex. The Indian rupee opened lower by 10 paise at 66.80 per dollar versus 66.70 Friday.

The dollar on Friday posted its best weekly performance in more than seven months after strong US retail sales and producer prices data for September reinforced expectations the Federal Reserve would raise interest rates in December. 

Asian shares dipped while the dollar held firm near seven-month high against a basket of major currencies after comments from Federal Reserve Chair Janet Yellen boosted long-dated US bond yields. Crude oil prices fell on Friday as a stronger dollar weighed on the market and an industry report showed US oil drillers continue to ramp up activity with prices holding above USD 50 a barrel.

CapitalHeight -- Last Week Performance

WEEKLY STOCK TIPS PERFORMANCE 
CLIENT GET PROFIT IN JUST 3 TRADING SESSION

STOCK FUTURE PREMIUM 
No. OF CALL : 7 
PROFIT : 7,06,440 
ACC. : 97%

STOCK OPTION PREMIUM 
NO. OF CALLS : 7 
PROFIT : 2,91,233 
ACC. : 92%

STOCK CASH PREMIUM 
NO. OF CALLS : 7 
PROFIT : 4,22,200 
ACC. : 96%

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

Infosys Q2 Results: Falls On FY17 Guidance Cut

9:55 a.m.: Infosys shares slump 5.3 per cent to hit intraday low of Rs 996 after the IT company cut its revenue growth guidance to 8-9 per cent for FY17. 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "830-630-830-8"

9:49 a.m.: Infosys reports net profit of Rs 3,606 crore in September quarter, beats estimates; shares turn highly volatile after rising 2.88 per cent. The stock fell over a per cent. 

9:40 a.m.: Stock markets were trading near day's highest level. The Sensex was up 0.25 per cent or 70 points at 27,713 and Nifty was at 8,588, up 15 points. TCS which fell as much as 1.6 per cent recovered from low levels and was up nearly 2 per cent.  

9:30 a.m.: Sensex and Nifty edged higher in opening deals on Friday tracking gains in select oil & gas, auto and capital goods stocks. However, the gains were capped owing to losses in heavyweight IT stocks.  

From the Nifty basket of shares, 32 were advancing while 19 were declining.  

GAIL India was the top Nifty gainer, up 1.7 per cent at Rs 420. Tech Mahindra, Reliance Industries, Adani Ports, Axis Bank, Tata Motors, BHEL and Cipla were also among the gainers. On the other hand, TCS fell as much as 1.62 per cent to Rs 2,291 after the closely its dollar revenue inched 0.3 per cent higher in the September quarter to $4,374 million, which was below the Street's expectation of $4,441 million. Infosys which is due to report its September quarter numbers was also among the laggards, down 0.6 per cent at Rs 1,046. Lupin, Bharti Airtel, Hindustan Unilever, Zee Entertainment, HDFC Bank, Yes Bank and Sun Pharma were also among the laggards.

Stock Market - Results Today 12-Oct-2016

Blue Dart Express Ltd to approve Q2 results on Oct 12, 2016  

A Meeting of the Board of Directors of Blue Dart Express Ltd will be held on October 12, 2016, to take on record the Un-Audited Financial Results for the quarter ended September 30, 2016 (Q2). Further, in terms of the Circular directing the Listed Companies to notify the Stock Exchange about 'Trading Window Closure', the 'Trading Window' of the Company shall remain closed from October 03, 2016 to October 14, 2016 for the aforesaid purpose.  

Shares of BLUE DART EXPRESS LTD. was last trading in BSE at Rs.5488.15 as compared to the previous close of Rs. 5437.45. 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "989-33-582-33" 

The total number of shares traded during the day was 461 in over 125 trades. The stock hit an intraday high of Rs. 5495 and intraday low of 5404.05.  The net turnover during the day was Rs. 2512394.  

IndusInd Bank Q2 PAT seen up 6% to Rs 701 cr  

We expect strong loan/deposit growth of 29 percent/31 percent Y-o-Y in 2Q FY17. Continuation of positive growth trend in the CV/CFD segment would remain a key factor to monitor. Overall, NIM is likely to remain largely stable Q-o-Q at 3.8-3.9 percent, led by lower cost of funds and an increase in the share of high-yielding loans.  

We expect non-interest income growth to be strong at 31 percent. Opex growth would remain high at 30 percent + Y-o-Y, led by continued investments in branches, people and technology. Strong PPP growth (+30 percent Y-o-Y) would keep earnings growth strong at 25 percent + YoY, despite factoring in 50 percent + Y-o-Y increase in provisions. IIB trades at 2.9x FY18E BV and 17.4x FY18E EPS, with best-in-class RoA of 2 percent and RoE of 17-18 percent. Delay in CV cycle revival and sharp moderation in fees remain the key risks to our estimates.

Stock Updates -- Sensex up 83 Points; Nifty Rises to 8,735

The Nifty and the Sensex opened and traded flat to positive following tepid global cues. The Nifty opened 37 points up at 8,735, while the Sensex opened 83 points up at 28,144. 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "989-33-582-33" 

A report by IFA Global said "Asian stock markets are trading on a lower note, with Hang Seng index trading lower by 100 points and Nikkei index is trading lower by 39 points as markets saw less chance a victory by Republican nominee Donald Trump in his US presidential bid. US stock markets closed in the red. The Dow Jones Industrial Average closed lower by 28 points and Nasdaq index closed lower by 14 points. US equities ended lower after non-farm payrolls showed the economy added lower jobs in September compared to previous month. European stock markets closed on a mixed note, with FTSE closing higher by 44 points and CAC closing lower by 30 points, European indices ended on a mixed note after data showed German industrial production rose in August." 

All sectoral indices barring financial services,IT and realty were trading flat to positive. Volatility was close to nil with the India Vix quoting at 14.5025.

Gold -- Largest Weekly Loss in 3 Years

Gold futures post largest weekly loss in over 3 years 

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "989-33-582-33" 

Gold futures on Friday stretched their losing streak to a sixth straight session and posted a roughly 5% loss for the week—the largest such loss in about 3 years. Prices were volatile Friday, giving up early gains as traders looked to the latest monthly U.S. employment data for clues on the likelihood of a U.S. interest-rate increase before the end of the year. December gold GCZ6, +0.45% fell $1.10, or 0.1%, for the session to settle at $1,251.90 an ounce after tapping a high of $1,267.60. Prices held ground at their lowest level since early June. Prices lost about 5% for the week, according to FactSet data. That was the largest one-week decline since mid-September 2013. Thursday’s finish pushed prices below their 200-day moving average, a move which could signal further declines.  

Gold had initially extended an earlier advance after government data showed the U.S. economy created 156,000 new jobs in September. That showed another solid gain in employment, but the figure came in below the 172,000 job gain expected by economists polled by MarketWatch. But prices for the metal took a sharp turn lower in late morning trading, as some analysts and traders decided that the figures don’t rule out a rate hike before year’s end. The ICE U.S. Dollar Index DXY, -0.22% seesawed between losses and gains Friday, but was trading about 1.3% higher for the week.  

Gold’s more volatile sister metal, silver, saw much larger losses this week. December silver SIZ6, +1.33% fell 3.5 cents, or 0.2%, to $17.38 an ounce Friday, ending about 9.6% lower for the week. December copper HGZ6, +0.53% was up less than a cent at $2.164 a pound, finishing about 2.1% lower on the week. January platinum PLF7, +0.65% fell $3.70, or 0.4%, to $962.60 an ounce, to lose 7% for the week, while December palladium PAZ6, +0.53% added $1.25, or 0.2%, to $667.40 an ounce, but still lost 7.5% for the week.

Stock Specific Report On-Godfrey Phillips India Limited

COMPANY PROFILE:  

Godfrey Phillips India Limited, the flagship company of K.K. Modi Group, is one of the largest  players in the Indian cigarette industry an annual turnover of approximately Rs. 4,348 crores (2015-16). The company has expanded its business interests to tea, pan masala, chewing and confectionery products. Godfrey Phillips India has operations across the country with the northern and western parts being the areas of strength. Our extensive distribution infrastructure allows us to reach consumers across India. The company launched Pan Vilas pan masala, which has already shown great potential. Our recent product launches include Raag, a pan masala in the popular price segment, and Silver Dewz – a silver-coated Elaichi (cardamom seed) mouth freshener. Together, the two brands are poised to significantly grow our presence in the pan masala category. In cigar distribution Godfrey Phillips India is a pioneer and the market leader. We were the ones who organised the fragmented cigar market in India.

For details visit us @  

www.capitalheight.com/freetrial.php

Give a Missed Call at "989-33-582-33" 

TECHNICAL VIEW 

On weekly chart stock recover from the support of 1129 level and prepared a doji pattern. Major trend of this stock is bullish on monthly as well as weekly chart. If we draw Fibonacci Retracement from its life-time high of 1662 made in November 2015 to the previous significant low of 800 made in May 2016, the stock recovered around 78.6% from the strong psychological support of 800 and then fell back to the strong support of 38.2% of this retracement. Now we expect that this stock maintain uptrend if it may cross 1300 then it may continue its primary bullish trend on monthly chart and we may see fresh life time highs in next 6 to 8 weeks.

Our Recommendation:-