dated: 14th june 2018 - mehta group · results calender-0.36 0.25% 0.06% 0.30% 0.08% purpose...

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Indices CMP Market Outlook Sensex 35739 Nifty 10856 BSE-Midcap 16077 BSE-Smallcap 17028 SGX Nifty 10808 Index FY18 FY19E FY20E Top Domestic News Sensex EPS 1528 1751 2249 P/E 23 20 16 Nifty EPS 477 557 702 P/E 22 19 15 Global Current Indices Value DowJones 25201 Nasdaq 7695 DAX 12890 Nikkei 225 22886 FTSE 100 7703 Hang Seng 30520 Shanghai 3048 Straits Times 3380 Date 13 June Net MTD FY19 FII -70 -1227 -22858 DII 486 5342 28899 Forex Rate Global News USD/INR 67.62 EUR/INR 79.39 GBP/INR 90.33 JPY/INR 61.15 Corporate Action Stock Name Ex Date ASIAN PAINTS Dividend Rs 6.05 14th June INFOSYS Dividend Rs 20.5 14th June INFOSYS Dividend Rs 10 14th June JAGRAN Buyback 14th June LGBBROSLTD Bonus Iss 1:1 14th June TINPLATE Dividend Rs 2 14th June G-Sec Yield Price 14-Jun-18 F&O Ban List 1yr Bond Yield 7.10 10yr Bond Yield 7.93 %1D -0.35 -0.05 0.38 -0.35 -0.01 -0.67 -0.47 -0.11 -0.34 %1D 0.13 0.13 -0.46 -0.21 Trading activity in cash Rs Cr Results Calender -0.36 0.25% 0.06% 0.30% 0.08% Purpose Change% 0.28 Tata Power: It has signed a power purchase agreement with GE for 5 MW solar projects. City Union Bank: The bank allotted 6.23 lakh shares under the ESOP scheme. Adani Transmission: The firm has received a letter of intent of one Intra State Transmission Project in Uttar Pradesh Bank of Maharashtra: R Thamodharan appointed as elected Director of the Bank. Canara Bank: Vinay Mohta appointed as company secretary from June 13, 2018 Triveni Engineering's subsiadiry Mathura Wastewater Management incorporats SPV for implementation of a project of Rs 438 cr awarded by Yamuna Pollution Control Unit, UP Lupin: Launches Generic Tobramycin Inhalation Solution USP In The US. It is used to treat lung infections. HDFC Bank: The Cabinet has approved HDFC Bank's Rs 24,000 crore FDI Proposal. Dish TV India: Rare Enterprises bought 130,00,000 shares at Rs 71.30 per share Kansai Nerolac Paints commencement commercial production for sale at the new manufacturing unit in Gujarat Infosys partners Rhode Island School of Design to train 1,000 designers in 2 yrs Hindusthan National Glass to sell 11.23 percent stake in HNG Float Glass joint venture Canara Bank to raise up to Rs 7,000 cr in FY19 Container Corp and Bangalore Airport Terminal Services signed MOU to work together for providing Ground Handling and various other airport related services on PAN India basis ICICI Bank to sell 2% stake in life insurance arm Fitch downgrades viability rating of SBI, BoB on poor asset quality HCL Technologies seeks govt nod to set up SEZ in Andhra Pradesh Cipla receives final approval for generic Isuprel Tata Power renewables signs PPA with GE for 5MW solar projects Oberoi Realty' QIP committee meeting to be held on or after June 19 Sicom sold 44,00,000 shares of Kwality at Rs 26.48. Evershine Oleochem sold 25,00,000 shares of Ruchi Soya at Rs 12.66 Smallcap World Fund Inc sold 13,00,000 shares of Supreme Industries at Rs 1,250.20. US stocks ended a choppy session lower on Wednesday after the US Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year. The Dow Jones Industrial Average fell 119.53 pts, or 0.47 %, to 25,201.2, the S&P 500 lost 11.22 pts, or 0.40 %, to 2,775.63 and the Nasdaq Composite dropped 8.10 pts, or 0.11 %, to 7,695.70.Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about US-China trade frictions kept investors on edge.MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25 % in early trade. South Korea's KOSPI was off 0.9 %, while Australia's market slipped 0.2 %. Japan's Nikkei shed 0.7 %. Indian markets are expected to open on negative note on the back of US Fed raises rates second time in a year, signals two more hikes and mixed global cues. Nifty index managed to take support at the previous day’s closing level and headed towards 10,856 by scaling the highest level in last four months since February 1, 2018. Index formed a Bullish candle and negated the negative effect of the Doji candle of the previous session. Now, it has to continue to hold above 10,770 to extend its move towards 10,888 then 10,929 while major supports are shifting higher to 10,777 and 10,720. Dated: 14th June 2018 BALRAMCHIN, DHFL, JETAIR, JUSTDIAL Vakrangee

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Page 1: Dated: 14th June 2018 - Mehta Group · Results Calender-0.36 0.25% 0.06% 0.30% 0.08% Purpose Change% 0.28 Tata Power: It has signed a power purchase agreement with GE for 5 MW solar

Indices CMP Market Outlook

Sensex 35739

Nifty 10856

BSE-Midcap 16077

BSE-Smallcap 17028

SGX Nifty 10808

Index FY18 FY19E FY20E Top Domestic NewsSensex EPS 1528 1751 2249

P/E 23 20 16

Nifty EPS 477 557 702

P/E 22 19 15

Global Current

Indices ValueDowJones 25201

Nasdaq 7695

DAX 12890

Nikkei 225 22886

FTSE 100 7703

Hang Seng 30520

Shanghai 3048

Straits Times 3380

Date 13 June Net MTD FY19FII -70 -1227 -22858

DII 486 5342 28899

Forex Rate Global NewsUSD/INR 67.62

EUR/INR 79.39

GBP/INR 90.33

JPY/INR 61.15

Corporate Action Stock Name Ex Date

ASIAN PAINTS Dividend Rs 6.05 14th June

INFOSYS Dividend Rs 20.5 14th June

INFOSYS Dividend Rs 10 14th June

JAGRAN Buyback 14th June

LGBBROSLTD Bonus Iss 1:1 14th June

TINPLATE Dividend Rs 2 14th June

G-Sec Yield Price 14-Jun-18 F&O Ban List1yr Bond Yield 7.10

10yr Bond Yield 7.93

%1D

-0.35

-0.05

0.38

-0.35

-0.01

-0.67

-0.47

-0.11

-0.34

%1D

0.13

0.13

-0.46

-0.21

Trading activity in cash Rs Cr

Results Calender

-0.36

0.25%

0.06%

0.30%

0.08%

Purpose

Change%

0.28

Tata Power: It has signed a power purchase agreement with GE for 5 MW solar projects. City Union Bank: The bank allotted 6.23 lakh shares under the ESOP scheme. Adani Transmission: The firm has received a letter of intent of one Intra State Transmission Project in Uttar Pradesh Bank of Maharashtra: R Thamodharan appointed as elected Director of the Bank. Canara Bank: Vinay Mohta appointed as company secretary from June 13, 2018 Triveni Engineering's subsiadiry Mathura Wastewater Management incorporats SPV for implementation of a project of Rs 438 cr awarded by Yamuna Pollution Control Unit, UP Lupin: Launches Generic Tobramycin Inhalation Solution USP In The US. It is used to treat lung infections. HDFC Bank: The Cabinet has approved HDFC Bank's Rs 24,000 crore FDI Proposal. Dish TV India: Rare Enterprises bought 130,00,000 shares at Rs 71.30 per share Kansai Nerolac Paints commencement commercial production for sale at the new manufacturing unit in Gujarat Infosys partners Rhode Island School of Design to train 1,000 designers in 2 yrs Hindusthan National Glass to sell 11.23 percent stake in HNG Float Glass joint venture Canara Bank to raise up to Rs 7,000 cr in FY19 Container Corp and Bangalore Airport Terminal Services signed MOU to work together for providing Ground Handling and various other airport related services on PAN India basis ICICI Bank to sell 2% stake in life insurance arm Fitch downgrades viability rating of SBI, BoB on poor asset quality HCL Technologies seeks govt nod to set up SEZ in Andhra Pradesh Cipla receives final approval for generic Isuprel Tata Power renewables signs PPA with GE for 5MW solar projects Oberoi Realty' QIP committee meeting to be held on or after June 19 Sicom sold 44,00,000 shares of Kwality at Rs 26.48. Evershine Oleochem sold 25,00,000 shares of Ruchi Soya at Rs 12.66 Smallcap World Fund Inc sold 13,00,000 shares of Supreme Industries at Rs 1,250.20.

US stocks ended a choppy session lower on Wednesday after the US Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year. The Dow Jones Industrial Average fell 119.53 pts, or 0.47 %, to 25,201.2, the S&P 500 lost 11.22 pts, or 0.40 %, to 2,775.63 and the Nasdaq Composite dropped 8.10 pts, or 0.11 %, to 7,695.70.Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about US-China trade frictions kept investors on edge.MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.25 % in early trade. South Korea's KOSPI was off 0.9 %, while Australia's market slipped 0.2 %. Japan's Nikkei shed 0.7 %.

Indian markets are expected to open on negative note on the back of US Fed raises rates second time in a year, signals two more hikes and mixed global cues. Nifty index managed to take support at the previous day’s closing level and headed towards 10,856 by scaling the highest level in last four months since February 1, 2018. Index formed a Bullish candle and negated the negative effect of the Doji candle of the previous session. Now, it has to continue to hold above 10,770 to extend its move towards 10,888 then 10,929 while major supports are shifting higher to 10,777 and 10,720.

Dated: 14th June 2018

BALRAMCHIN, DHFL, JETAIR, JUSTDIAL Vakrangee

Page 2: Dated: 14th June 2018 - Mehta Group · Results Calender-0.36 0.25% 0.06% 0.30% 0.08% Purpose Change% 0.28 Tata Power: It has signed a power purchase agreement with GE for 5 MW solar

Technical View

Dated: 14th June 2018

NIFTY

NIFTY BANK

Page 3: Dated: 14th June 2018 - Mehta Group · Results Calender-0.36 0.25% 0.06% 0.30% 0.08% Purpose Change% 0.28 Tata Power: It has signed a power purchase agreement with GE for 5 MW solar

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Tel: +91 22 6150 7101, Fax: +91 22 6150 7102 Email:[email protected] Website:www.mehtagroup.in