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CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX. Read More

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In this service we provide 3-4 intraday calls in MCX with a high level of accuracy. The calls are given in Precious Metals, Base Metals and Energies. You can also avail Free Tips for two days to test our accuracy and if satisfied you can join the services with Capital Stars. Read More

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CapitalStars provides Free Trial in Intraday as well as in Positional Services of Equity, Derivatives, and Commodities and Forex Markets. We provide recommendations in NSE, BSE, MCX, NCDEX, and MCX-SX etc. We render you enough entry and exit time in our calls so clients can easily maximize their profits. Read More

Monday 31 July 2017

JBF Industries extends fall on credit rating downgrade: 31 Jul 2017



JBF Industries dipped 11% to Rs 199 on BSE in early morning trade, extending its Friday’s 13% fall, after the rating agencies downgraded the rating of the company on delays in servicing its debt obligations by JBF group. In past one week, the stock slipped 28% from Rs 278, against 0.48% rise in the S&P BSE Sensex.

“The rating of the company has been downgraded to “D” default rating by rating agencies predominantly due to delays by JBF group in servicing its debt obligations,” JBF Industries said in a regulatory filing.

JBF is a manufacturer of Polyester value chain products. The Company is one of the largest polyester chips and yam manufacturers in India and around 7 5yo of the total domestic sales of the company find applications in the textile segment.

The company said, due to the recent policy changes by the Government of India namely, Demonetisation exercise and Goods & Service Tax (GST) implementation, there have been protesting shut downs in the domestic unorganized textile segment.

This has resulted in the cash flows of the company to be severely affected and delays in servicing some of its debt obligations with the lenders. In turn this has led to a formation of a Joint Lending Forum (JLF) by the lenders as per applicable guidelines of the Reserve Bank of India (RBI), it added.

However, the Company is of the view that these policy changes by the GOI, viz. Demonetization exercise and GST implementation, will have an overall positive effect on the Industry and the company in due course, JBF Industries said.

At 09:58 am; the stock was down 6% to Rs 210 on BSE, as compared to 0.29% rise in the S&P BSE Sensex. A combined 404,357 shares changed hands on the counter on BSE and NSE so far.


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* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

Monday Blues on Dalal Street; SGX Nifty up 2.50 pts: 31 Jul 2017


Equity Market Outlook

Indian Indices:

Indian shares are likely to witness a flattish start on Monday morning as the global markets look muted with SGX Nifty trading 2.50 points higher @10037.50.Benchmark indices are likely to open flat following the global peers following mixed ending for Wall Street on Friday amid geopolitical tensions in the Korean peninsula and rising oil prices. The Street might get a boost on rate cut optimism ahead of the Monetary policy meet, which will start tomorrow.

Markets will also keep an eye at corporate earnings for the day. 92 companies on the BSE will declare their Q1 results later today including Balrampur Chini, Bharat Electronics, Interglobe Aviation, Jaypee Infratech, Jaiprakash Ventures, Reliance Power and Siemens among others.

Equity benchmarks started off the week on a positive note, with the Nifty holding 10,000-mark. Investors awaited the decision of two-day monetary policy committee meeting that will begin on Tuesday .L&T was top gainer among Sensex stocks, up 2.2 percent followed by Lupin, ICICI Bank, Vedanta, Kotak Mahindra Bank with moderate gains. HDFC rebounded after initial fall. Sarda Energy, Coromandel, Capital First and Cholamandalam Finance gained 
up to 5 percent. Central Bank of India, Dena Bank, Equitas Holdings, Oberoi Realty and Kitex Garments fell up to 5 percent.

The 30-share BSE Sensex was up 45.59 points at 32,355.47 and the 50-share NSE Nifty rose 10.05 points to 10,024.55. About two shares advanced for every share falling on the BSE.

Global Market:

Asian shares dipped on Monday following a lackluster end to last week globally on some earnings disappointments, while the dollar edged up but remained capped by US political uncertainty.

Investors stuck to perceived havens such as the Japanese yen and gold after North Korea conducted another missile test late on Friday that it said proved its ability to strike the US mainland.

The dollar struggled on Monday, wallowing near a 2-1/2-year low against the euro, weighed down by U.S. political uncertainty and uninspiring U.S. data that added to doubts about whether there will be another Federal Reserve rate hike this year.

Major Headlines of the day:

Marico-South Africa Unit acquires business of ISOPLUS, a hair styling brand for Rs 36 crore, Acquisition includes intellectual property rights of ISOPLUS
Reliance Capital-Sunil Singhania, Current CIO - Equities at company, elevated to the position of Global Head Of Equities, Manish Gunwani to join Reliance MF as chief investment officer-equity
Lupin says-Pithampur unit inspection concluded by US FDA without any observations, Pithampur unit inspection started on July 24 & concluded on July 28.

Trend in FII flows: The FIIs were net buyers of Rs -223.12 the cash segment on Friday while the DIIs were net sellers of Rs 424.67 as per the provisional figures.

Upcoming Result : BALRAMPURCHINI,CONCOR,GODREJCP,SIEMENS,SHREECEM,INDIGO,SRTRANSFIN,UPL,VGUARD

Securities in Ban For Trade Date 31-JUl-2017:

1.IBREALEST
2.JSWENERGY



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* 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

CS OPENING BELL: 31 Jul 2017

CS OPENING BELL

NIFTY SPOT UP 15@10030
SENSEX UP 97@32420
BANK NIFTY FUTURES UP 42 @24977

CS NIFTY FUTURES (AUG) OVERVIEW

TREND BULLISH
RES2: 10115
 RES 1:10075
SUP1:9975
SUP2:9925

CS BANK NIFTY FUTURES( AUG) OVERVIEW

TREND BULLISH
RES 2: 25175
RES 1:25055
SUP1: 24750
SUP2: 24575


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* 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

Saturday 29 July 2017

Indian ADRs end with mixed sentiments on July 28: 29 July 2017


Indian ADRs closed with mixed sentiments in the market during the trading hours of July 28.

In the IT sector, Infosys closed higher by 0.77% at USD 15.71; while Wipro closed lower by 0.33% at USD 6.1.

In the banking sector, ICICI Bank closed lower by 2.22% at USD 9.27; and HDFC Bank closed higher by 0.57% at USD 96.84.

In the other sectors, Tata Motors closed higher by 0.32% at USD 34.6; and Dr Reddy’s Laboratories closed lower by 3.94% at USD 36.79.

The tech-heavy Nasdaq Composite Index ended marginally lower by 7 points to 6,374. The Dow Jones Industrial Average closed up by 33 points to 21,830. The S&P 500 closed almost lower by 3 points at 2,472.



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* 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

FIIs were net sellers in cash markets on July 28: 29 July 2017



Nifty closed at 10014 level, down by 6 points while Sensex closed at 32309 level, down by 73 points. There were 646 advances, 743 declines and 53 unchanged stocks on NSE reflecting negative sentiments in floating in the market.

On the broader markets, BSE Mid-cap index closed at 15329, up by 0.48% while BSE Small-cap index closed at 16071, up by 0.35%. The foreign institutional investors (FIIs) were net sellers in the cash market with net cash outflow of Rs 223 crore and domestic institutional investors (DIIs) were net buyers with net cash inflow of Rs 424 crore.

FIIs were net sellers in index futures with net cash outflow of Rs 1744 crore however they poured in around Rs 538 crore in index options.

The following is combined FII/FPI and DII trading data across NSE, BSE and MSEI collated on the basis of trades executed by FIIs/FPIs and DIIs:


CategoryDateBuy Value (Rs crore)Sell Value (Rs crore)Net Value (Rs crore)
FII/FPI28-Jul-20175141.275364.39-223.12
DII28-Jul-20173627.123202.45424.67


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* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

HDFC clears 9.57% stake dilution in subsidiary HDFC Life: 29 July 2017

HDFC


HDFC will sell 9.57% stake in HDFC Life through an IPO in the coming months, becoming the third major life insurer to list on stock markets. The company has approved sale of 19,12,46,050 shares, it said in a notice to BSE on Friday night. British insurer Standard Life, which owns 35% in the insurance JV, is also expected to sell a portion of its shares. 

The announcement follows last week’s decision by the HDFC Life board to sell up to 20% of its equity in a public offering. The move casts doubts over whether the HDFC Life and Max Life merger, which is yet to receive the regulator’s approval, will go through. 

The two companies have a standstill agreement till July 31 which prevents HDFC Life from filing a draft prospectus with the Securities and Exchange Board of India. The insurer has, however, sought approval of the Insurance Regulatory Authority of India.

For some weeks, HDFC’s priority has been the IPO even as Max Life was confident of working out a new structure for the merger. 

HDFC holds 61.52% of the issued and paid-up share capital of HDFC Life, Standard Life owns 35%, while the remaining is with employees and PremjiInvest. Size of the offer, price and other details will be determined in due course, the firm said. 



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Friday 28 July 2017

Sebi, bourses meet to beef up systems: 28 Jul 2017


The Securities and Exchange Board of India (Sebi) has called for a meeting of stock exchanges on Friday to discuss beefing up of systems and process following a three-hour technical glitch at the National Stock Exchange (NSE) earlier this month.

This would be the first meeting of the newly-constituted Sebi panel on cyber security, aimed at safeguarding the capital markets from technical glitches and cyber attacks. The four-member panel, set up in May, is headed by Sebi’s whole-time member Madhabi Puri Buch; Executive Director S V Murali Dhar Rao and experts from the information technology sector are other members.

Sources said exchanges have been asked to give representation on overall risk management and their preparedness to ensure prudent response, corrective measures for any technical glitch or cyber threat. On July 10, the NSE suffered one of its worst-ever technical glitches, forcing the exchange to stop trading for over three hours as stock prices failed to update. 

Sebi and exchanges may discuss new processes to follow in case of a similar event in future. The regulator may also suggest ways to maintain cyber-resilience requirements aligned with global practices and industry standards in accordance with the needs of India’s capital market structure said a person in the know. Sebi had in July 2015 issued a set of guidelines for exchanges and other market infrastructure institutions to safeguard their systems. 

It had said MIIs need to have a robust cyber-security framework to provide essential facilities and perform systemically critical functions relating to trading, clearing, and settlement in the securities market. Despite this, the regulator witnessed issues with the exchange systems. Hence, it wants to ensure proper governance, monitoring, and detection, responses and recovery and periodic audit by the exchanges, said the source cited above.


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Gap down start likely; SGX Nifty down 74 pts: 28 Jul 2017

Equity Market Outlook

Indian Indices:

Indian shares are likely to witness a bearish start on Friday morning as the global markets look weak with SGX Nifty trading 74 points lower @9998.50.The markets are likely to witness a gap-down opening in Friday's trade taking lead from Asian markets which sagged after US tech shares retreated from recent rallies, pulling back Wall Street slightly lower.

Back home, investors will also react to June quarter results of companies like Idea Cellular, ONGC, ITC and ICICI Bank, which reported their numbers on Thursday post market hours. Nifty50 has support placed in the region of 9,920-9,930, and if this support is breached, the next support is seen at levels of 9,880 and 9,840. On the way up, the level of 10,100-10,120 will act as a key resistance zone for the Nifty50.Nifty50 has support placed in the region of 9,920-9,930, and if this support is breached, the next support is seen at levels of 9,880 and 9,840. On the way up, the level of 10,100-10,120 will act as a key resistance zone for the Nifty50.

Bank Nifty has opened at 24744 level, down by 178 points. ITC was the top Sensex gainer trading at Rs 293 per share, up by 1.52% whereas Dr Reddy’s was the top Sensex loser trading at Rs 2505 per share, down by 4.44%.

On the broader markets, BSE Mid-cap index was trading at 15221 level, down by 0.23% and BSE Small-cap index was trading at 15980 level, up by 0.22%. S&P BSE Sensex opened marginally lower by 2 points at 32381, while the Nifty50 opened lower by 23 points at 9996 mark.

Global Market:

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8% but was still on track for a 0.4% weekly gain, with Samsung Electric, Asia's largest company by market capitalization, dropping 3.5%. The US stocks ended on a mixed note on Thursday, with the Nasdaq and S&P 500 pulling back into negative territory, while the Dow Jones Industrial Average ending at a record close. The Dow ended at 21,797, higher by 86 points. The Nasdaq Composite Index closed, down by 41 points at 6,382. The S&P 500 edged down 2 points to 2,475.

Japan's Nikkei shed 0.4%, China's Shanghai Composite and Hong Kong's Hang Seng indices were down 0.1% and 0.5%, respectively. A swoon in technology and transportation shares led the S&P 500 slightly lower on Thursday on a day full of corporate earnings reports, but the Dow industrials set a record closing high, helped by a jump in Verizon

Asian stocks are trading in a negative terrain in early trade on Thursday. Japan’s Nikkei 225 has slipped 98 points. Hong Kong's Hang Seng has shed 113 points and China’s Shanghai Composite has lost 7 points.

Major Headlines of the day:

• ICICI Bank Q1 net rises 25% QoQ to Rs2,605 cr.
• Biocon Q1 profit drops 51% to Rs81 crore.
• Crude oil rises on falling US crude supplies.

Trend in FII flows: The FIIs were net buyers of Rs 1869.92 the cash segment on Thursday while the DIIs were net sellers of Rs -660.03 as per the provisional figures.

Upcoming Result : ALEMBIC, EQUITAS, L&T, LICHSGFIN, NDTV, SHAKTIPUMP, OBEROIREALITY.

Securities in Ban For Trade Date 28-JUl-2017:

1. IBREALEST


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* 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

CS OPENING BELL: 28 Jul 2017

CS OPENING BELL

NIFTY SPOT DOWN 57@9965
SENSEX DOWN 215@32172
BANK NIFTY FUTURES DOWN127 @24862

CS NIFTY FUTURES (AUG) OVERVIEW

TREND BULLISH
RES2: 10095
RES 1:10055
SUP1:9975
SUP2:9925

CS BANK NIFTY FUTURES( AUG) OVERVIEW

TREND BULLISH
RES 2: 24975
RES 1:24925
SUP1: 24725
SUP2: 24675


Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

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* 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

Wednesday 26 July 2017

Bharti Airtel Q1 net tanks 75% on Jio impact, African worries: 26 Jul 2017


Pricing pressures continue to impact the performance of India’s largest telecom services player, Bharti Airtel, which reported a 14 per cent year-on-year (YoY) fall in the April-June quarter with a consolidated revenue of Rs 21,958 crore. Revenues were, however, better than the consensus estimates of Rs 21,903 crore. 

Though the Naira (Nigerian currency) devaluation did impact the company’s consolidated revenues, yet the key reason for the downfall was the poor performance of the mobile segment in the country. 

Indian mobile revenues fell 14 per cent YoY to Rs 12,914 crore. Though the subscriber base of the company increased by 10 per cent YoY, decline in revenue collection was largely on account of a 21 per cent fall in the average revenue per user (ARPU) to Rs 154 per month.

Reliance Jio’s attractive offers forced the incumbent operators to match the new entrant's schemes, thereby, resulting in 34 per cent lower realisations from the voice segment on a year-on-year basis. Pricing pressure on the data front was even worse. Data realizations were down by 73 per cent over the corresponding period last year.

The silver lining, however, is on the volumes front that remains elastic and has gone up by 200 per cent in case of data, and 34 per cent in case of voice, thereby, cushioning the fall t some extent. 

The fall comes after two quarters (December and March quarter of FY17) of sequential revenue decline of 6 per cent each. The stability in revenues on a sequential basis is also visible in the results of Vodafone India that reported a 1.4 per cent increase, while revenues were down 15 per cent in the year-ago period.

Vodafone India’s performance, too, was boosted by volumes growth of 26-136 per cent in voice/data segment, while realisations were down by around 32 to 67 per cent on a year-on-year basis. 

The muted revenue performance also impacted the company’s operating profits that stood at Rs 7,823 crore, down by 18 per cent from last year’s figures in the same quarter. Profits were, however, exceeded the estimates for the period under review that stood at Rs 7,556 crore. 

Higher interest costs on account of spectrum debt as well as weaker operating performance led to a 75 per cent YoY fall in net profit to Rs 367 crore. But again, this is better than consensus estimates, which had pegged the company’s net profit at Rs 282 crore. However, on a sequential basis its net profit is flat with the March quarter number standing at Rs 373 crore. 




Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

Get more details here:-

* 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

Flat start likely; SGX Nifty up 6 pts: 26 Jul 2017


Equity Market Outlook

Indian Indices:

Indian shares are likely to witness a flat to positive start on Wednesday morning as the global markets look mixed with SGX Nifty trading 6 points higher @9979.The benchmark indices are expected to open flat ahead of the derivatives expiry of the July series due tomorrow, while investors will also react to the weak quarterly earnings of the heavyweight Bharti Airtel. Cautious sentiment ahead of the US Federal Resrve's policy outcome will also set the market direction.

The Fed concludes a two-day meeting later on Wednesday, and is widely expected to keep interest rates unchanged.
With a rate hike not in the picture this time, the focus will be on the Fed's statement, with markets looking for signs of when the US central bank will begin paring its massive bond holdings and next raise rates.

Global Market:

Asian stocks steadied on Wednesday and the dollar held firm as investors awaited the Federal Reserve's policy decision later in the day for more clues on its tightening plans.

AT&T Inc's quarterly profit topped Wall Street estimates on Tuesday as the No. 2 U.S. wireless carrier lowered operating costs and introduced new promotions bundling video with phone service that helped it compete in a fierce market for customers

U.S. President Donald Trump named on Tuesday two possible candidates to run the Federal Reserve over the next few years: current Fed Chair Janet Yellen and Trump's economic adviser Gary Cohn, according to an interview with The Wall Street Journal.

Major Headlines of the day:

• Mahindra Lifespaces Q1 net dips to Rs 14 cr on regulatory changes.
• ICICI Prudential Life Q1 net profit flat at Rs 406 cr.
• GlaxoSmithKline Q1 net down 63% at Rs 26 cr on GST transition.

Trend in FII flows: The FIIs were net buyers of Rs 270.77 the cash segment on Tuesday while the DIIs were net sellers of Rs -209.50 as per the provisional figures.

Upcoming Result : YESBANK, PVR, NESTLE, HDFC, INOX LEISURE, HDFC, BHAARTFIN, FEDERALBANK, L&TFH.

Securities in Ban For Trade Date 26-JUl-2017:

1.FORTIS
2.GMRINFRA
3.HDIL
4.IBREALEST
5.IFCI
6.INFIBEAM
7.IRB
8.JSWENERGY
9.JUSTDIAL
10.KSCL
11.UJJIVAN


Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

Get more details here:-

* 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

CS OPENING BELL: 26 Jul 2017

CS OPENING BELL

NIFTY SPOT 17 @9982
SENSEX UP 45@32275
BANK NIFTY FUTURES DOWN 2 @24520

CS NIFTY FUTURES (JULY) OVERVIEW

TREND BULLISH
RES2: 10025
RES 1:9995
SUP1:9950
SUP2:9875

CS BANK NIFTY FUTURES (JULY) OVERVIEW

TREND BULLISH
RES 2: 24675
RES 1:24575
SUP1: 24425
SUP2: 24275

Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

Get more details here:-

* 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

Tuesday 25 July 2017

Cipla, DRL, Dabur, TVS Motor trade flat on proposal to refund CGST: 25 Jul 2017



Stocks of companies invested in excise-free zones in Himachal Pradesh, Uttarakhand and the North-East were trading flat following news report that a proposal to refund the central goods and services tax (GST) to those firms has been presented to the Cabinet. 

Many auto, FMCG and pharma companies will benefit if the proposal gets approval from the government. 

At 10:30 am, Cipla, Dr Reddy's, Dabur, TVS Motor and Wockhardt etc were trading flat. 

Big pharmaceutical companies such as Cipla, Dabur, Dr Reddy’s, Johnson & Johnson and Wockhardt have plants in excise-free zones in Himachal Pradesh, while TVS Motor, Lloyd Electric, TAFE and other automobile component makers also have units in the state, said a report in Economic Times. 

A few companies in the cement sector also have plants in such zones in the North-East, the report added. 

Department of Industrial Policy and Promotion will move the proposal for cabinet consideration, the report said.  

The move comes after the government earlier in July moved a proposal to make a budgetary provision for refunding its share of area-based exemptions on indirect taxes given to certain states in the past. 


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* 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