INTRADAY TRADING CALLS FOR 18TH NOVEMBER

BUY HDIL @ 65 TARGET 68-70 STOPLOSS 64

BUY RELINFRA @ 416 TARGET 428-432 STOPLOSS 412

BUY BHEL @ 180 TARGET 186-190 STOPLOSS 178

GOOD LUCK

Intraday Trading Calls for 17th November

BUY HDIL @ 63.5 TARGET 66-68 STOPLOSS 62

BUY DLF @ 112.5 TARGET 116-118 STOPLOSS 111

BUY VEDL @ 91 TARGET 94-95 STOPLOSS 90

BUY MOTHERSON SUMI @ 281 TARGET 288-292 STOPLOSS 278

GOOD LUCK

INTRADAY TRADING CALLS FOR 16TH NOVEMBER

BUY HDIL @ 62.5 TARGET 66-68 STOPLOSS 61

BUY DLF @ 110/ TARGET 114-115 STOPLOSS 108

BUY IDBI @ 87.5 TARGET 90-92 STOPLOSS 86

BUY BHEL @ 178 TARGET 184-186 STOPLOSS 176

GOOD LUCK

INTRADAY TRADING CALLS FOR 9TH NOVEMBER

BUY BANKINDIA @ 135 TARGET 139-142 STOPLOSS 132

BUY BHEL @ 185 TARGET 191-194 STOPLOSS 183

BUY RELIANCE CAPITAL 410 TARGET 418-425 STOPLOSS 405

GOOD LUCK

INTRADAY TRADING CALLS FOR 06TH NOVEMBER

BUY MOTHERSON SUMI @ 246 TARGET 253-258 STOPLOSS 243

BUY ORIENTAL BANK OF COMM @ 142.5 TARGET 146-148 STOPLOSS 141

BUY BHEL @ 192 TARGET 198-200 STOPLOSS 190

BUY ICICI BANK @ 265 TARGET 274-278 STOPLOSS 263

GOOD LUCK

INTRADAY TRADING CALLS FOR 05TH NOVEMBER

BUY MOTHERSON SUMI @ 243 TARGET 249-252 STOPLOSS 240

BUY RELIANCE CAPITAL @ 416 TARGET 426-430 STOPLOSS 415

BUY COAL INDIA @ 332 TARGET 338-340 STOPLOSS 329

BUY PNB @ 131 TARGET 135-137 STOPLOSS 129

GOOD LUCK

INTRADAY TRADING CALLS FOR 4TH NOVEMBER

BUY VEDL @ 99 TARGET 102-104 STOPLOSS 97

BUY IBREALEST @ 63 TARGET 65-67 STOPLOSS 62

BUY UNION BANK @ 161 TARGET 164-167 STOPLOSS 159

BUY ICICI BANK @ 278 TARGET 283-288 STOPLOSS 275

GOOD LUCK

INTRADAY TRADING CALLS FOR 03RD NOVEMBER

BUY ICICI BANK @ 281 TARGET 288-291 STOPLOSS 278

BUY COAL INDIA @ 326 TARGET 332-334 STOPLOSS 324

BUY HDIL @ 71 TARGET 73-74 STOPLOSS 70

BUY RELIANCE CAPITAL @ 420 TARGET 428-435 STOPLOSS 417

GOOD LUCK

INTRADAY TRADING CALLS 02ND NOVEMBER

BUY HDIL @ 70.50 TARGET 73-74 STOPLOSS 69

BUY ICICI BANK @ 279 TARGET 286-290 STOPLOSS 276

BUY BHEL @ 201 TARGET 208-212 STOPLOSS 198

BUY SYNDICATE BANK @ 94.5 TARGET 98-100 STOPLOSS 93

GOOD LUCK

INTRADAY TRADING CALLS FOR 30TH OCTOBER

BUY ICICI BANK @ 275 TARGET 282-285 STOPLOSS 272

BUY IGL @ 496 TARGET 504-510 STOPLOSS 491

BUY JINDAL STEEL @ 78 TARGET 80-82 STOPLOSS 77

BUY CANARA BANK @ 284 TARGET 291-295 STOPLOSS 281

GOOD LUCK

INTRADAY TRADING CALLS FOR 29TH OCTOBER

BUY MOTHERSON SUMI @ 247 TARGET 254-260 STOPLOSS 244

BUY BANKINDIA @ 135.5 TARGET 141-142 STOPLOSS 134

BUY TVSMOTOR @ 269  TARGET 276-280 STOPLOSS 267

BUY IGL @ 494 TARGET 504-510 STOPLOSS 490

GOOD LUCK

INTRADAY TRADING CALLS FOR 28TH OCTOBER

BUY MOTHERSUMI @ 244 TARGET 249-252 STOPLOSS 241

BUY TITAN IND @ 345 TARGET 352-355 STOPLOSS 342

BUY TECHM @ 544 TARGET 553-558 STOPLOSS 539

BUY CANARA BANK @ 288 TARGET 295-300 STOPLOSS 285

GOOD LUCK

INTRADAY TRADING CALLS FOR 27TH OCTOBER

BUY BANK OF INDIA @ 137 TARGET 141-142 STOPLOSS 135

BUY UPL @ 465 TARGET 474-480 STOPLOSS 460

BUY MOTHERSON SUMI @ 244 TARGET 249-252 STOPLOSS 241

BUY CIPLA @ 678 TARGET 688-692 STOPLOSS 674

GOOD LUCK

INTRADAY TRADING CALLS FOR 26TH OCTOBER

BUY BHEL @ 215 TARGET 219-222 STOPLOSS 213

BUY BANKINDIA @ 138 TARGET 141-142 STOPLOSS 136

BUY SUNTV @ 382 TARGET 388-392 STOPLOSS 379

BUY UPL @ 464 TARGET 472-478 STOPLOSS 460

GOOD LUCK

INTRADAY TRADING CALLS FOR 21ST OCTOBER

BUY CAIRN INDIA @ 154.5 TARGET 162-165 STOPLOSS 152

BUY ONGC @ 256 TARGET 263-265 STOPLOSS 252

BUY JINDAL STEEL @ 76 TARGET 78-80 STOPLOSS 74.5

SELL TECHMAHINDRA @ 544 TARGET 536-530 STOPLOSS 548

GOOD LUCK

INTRADAY TRADING CALLS FOR 20TH OCTOBER

BUY MOTHERSUMI @ 253 TARGET 258-260 STOPLOSS 250

BUY BHEL @ 215.5 TARGET 219-222 STOPLOSS 213

BUY TECHMAHINDRA @ 545 TARGET 554-560 STOPLOSS 540

BUY SUNTV @ 371 TARGET 378-382 STOPLOSS 368

GOOD LUCK

INTRADAY TRADING CALLS FOR 19TH OCTOBER

BUY HDIL @ 78.25 TARGET 81-82 STOPLOSS 77

BUY ITC @ 349 TARGET 356-358 STOPLOSS 346

BUY CAIRN INDIA @ 161 TARGET 167-170 STOPLOSS 159

BUY BHEL @ 214 TARGET 218-221 STOPLOSS 212

GOOD LUCK

INTRADAY TRADING CALLS 16TH OCTOBER

BUY RCOM @ 80.50 TARGET 83-84 STOPLOSS 79

BUY HDIL @ 77.25 TARGET 80-82 STOPLOSS 76

BUY BHEL @ 211 TARGET 216-218 STOPLOSS 208

BUY IBREALEST @ 68.50 TARGET 72-74 STOPLOSS 67

GOOD LUCK

INTRADAY TRADING CALLS 15TH OCTOBER

BUY APOLLOTYRE @ 190 TARGET 196-200 STOPLOSS 188

BUY MOTHERSUMI @ 247 TARGET 252-255 STOPLOSS 244

BUY TATASTEEL @ 250 TARGET 256-262 STOPLOSS 247

BUY ITC @ 349.5 TARGET 356-360 STOPLOSS 347

GOOD LUCK

INTRADAY TRADING CALLS FOR 14TH OCTOBER

BUY IBREALEST @ 69 TARGET 72-74 STOPLOSS 67.5

BUY TVSMOTOR @ 245 @ 251-255 STOPLOSS 242

BUY CIPLA @ 672 TARGET 683-688 STOPLOSS 668

BUY BHEL @ 208 TARGET 213-215 STOPLOSS 206

GOOD LUCK

INTRADAY TRADING CALLS 13TH OCTOBER

BUY MOTHERSUMI @ 253 TARGET 258-262 STOPLOSS 250

BUY IBREALEST @ 67.25 TARGET 71-74 STOPLOSS 66

SELL VOLTAS @ 270 TARGET 265-262 STOPLOSS 273

BUY SUNTV @ 362 TARGET 368-372 STOPLOSS 359

GOOD LUCK

INTRADAY TRADING CALLS FOR 12TH OCTOBER

BUY BHEL @ 204 TARGET 209-212 STOPLOSS 201

BUY IBREALEST @ 67 TARGET 71-74 STOPLOSS 65.5

BUY ICICIBANK @ 288 TARGET 294-299 STOPLOSS 285

BUY ITC @ 244 TARGET 248-250 STOPLOSS 242

GOOD LUCK

INTRADAY TRADING CALLS 09TH OCTOBER

BUY ICICIBANK @ 286 TARGET 292-295 STOPLOSS 283

BUY IBREALEST @ 69.5 TARGET 73-75 STOPLOSS 68

BUY BHEL @ 205 TARGET 211-215 STOPLOSS 202

BUY RELIANCE CAPITAL @ 385 TARGET 394-398 STOPLOSS 381

GOOD LUCK

INTRADAY TRADING CALLS 08TH OCTOBER

BUY APOLLO TYRE  @ 194 TARGET 199-202 STOPLOSS 192


BUY BHEL @ 201 TARGET 207-210 STOPLOSS 198

BUY IBREALST @ 69.5 TARGET 72-74 STOPLOSS 67

BUY CIPLA @ 678 TARGET 688-694 STOPLOSS 674

GOOD LUCK

INTRADAY TRADING CALLS 7TH OCTOBER

BUY ITC @ 344 TARGET 350-354 STOPLOSS 341

BUY CAIRN @ 160 TARGET 164-167 STOPLOSS 157

BUY HINDALCO @ 75.5 TARGET 77-78 STOPLOSS 74

GOOD LUCK

INTRADAY TRADING CALLS 30TH SEPTEMBER

BUY FEDERAL BANK @ 65 TARGET 67-68 STOPLOSS 64

BUY TVSMOTORS @ 230 TARGET 236-240 STOPLOSS 227

BUY APOLLO TYRES @ 182 TARGET 187-190 STOPLOSS 180

BUY HINDALCO @ 71.5 TARGET 73-74 STOPLOSS 70

GOOD LUCK

INTRADAY TRADING CALLS 30TH SEPTEMBER

BUY BHEL @ 200 TARGET 207-210 STOPLOSS 198

BUY HINDALCO @ 70 TARGET 73-75 STOPLOSS 69

BUY TATASTEEL @ 209 TARGET 214-218 STOPLOSS 207

BUY RCOM @ 65.5 TARGET 67-68 STOPLOSS 64.5

GOOD LUCK

Intraday Trading Calls 29th September

BUY BHEL @ 195 TARGET 201-205 STOPLOSS 193

BUY HINDALCO @ 69 TARGET 71-72 STOPLOSS 68

BUY VOLTAS @ 251 TARGET 257-262 STOPLOSS 248

BUY RECLTD @ 260 TARGET 266-270 STOPLOSS 257

GOOD LUCK

INTRADAY TRADING CALLS 28TH SEPTEMBER

BUY TVSMOTOR @ 236 TARGET 242-245 STOPLOSS 233

BUY BHEL @ 197 TARGET 204-210 STOPLOS 195

BUY BANKBARODA @ 187.5 TARGET 191-194 STOPLOSS 186

SELL ARVIND LTD @ 285 TARGET 278-272 STOPLOSS 288

GOOD LUCK

INTRADAY TRADING CALLS 24TH SEPTEMBER

BUY REC LTD @ 267 TARGET 275-278 STOPLOSS 264

BUY SUNTV @ 369 TARGET 378-385 STOPLOSS 365

BUY ITC @ 316 TARGET 321-324 STOPLOSS 314

BUY ARVIND LTD @ 288 TARGET 296-302 STOPLOSS 284

GOOD LUCK

INTRADAY TRADING CALLS 23RD SEPTEMBER

BUY TVS MOTOR @ 228.5 TARGET 236-240 STOPLOSS 226.5

BUY RELCAPITAL @ 335 TARGET 348-355 STOPLOSS 331

BUY RCOM @ 64.5 TARGET 67-68 STOPLOSS 63.5

BUY ITC @ 312 TARGET 318-321 STOPLOSS 309

GOOD LUCK

INTRADAY TRADING CALLS 22ND SEPTEMBER

BUY BHEL @ 209 TARGET 216-220 STOPLOSS 207

BUY ITC @ 317 TARGET 322-325 STOPLOSS 314

BUY RCOM @ 66 TARGET 68-70 STOPLOSS 64.5

SELL YES BANK @ 765 TARGET 752-745 STOPLOSS 772

GOOD LUCK

INTRADAY TRADING CALLS 21ST SEPTEMBER

SELL YES BANK @ 767 TARGET 755-745 STOPLOSS 772

SELL ARVIND LTD @ 288 TARGET 280-276 STOPLOSS 292

BUY ITC @ 315 TARGET 320-324 STOPLOSS 312

GOOD LUCK

INTRADAY TRADING CALLS 18TH SEPTEMBER

BUY RCOM @ 66.7 TARGET 69-72 STOPLOSS 65

SELL YES BANK @ 770 TARGET 758-745 STOPLOSS 776

SELL ARVIND LTD @ 279 TARGET 272-268 STOPLOSS 282

SELL VOLTAS @ 258 TARGET 252-248 STOPLOSS 261

GOOD LUCK

EXIT LONGS

EXIT ALL LONGS OR HOLD WITH TIGHT STOPLOSS

OPTION TRADING CALLS 16TH SEPTEMBER

BUY RELICANCE CAPITAL 340 SEPT CALL @ 11 TARGET 22-25 STOPLOSS 7

BUY ONGC 230 SEPT CALL @ 6 TARGET 10-12 STOPLOSS 4

GOOD LUCK

INTRADAY TRADING CALLS 16TH SEPTEMBER

BUY ICICIBANK @ 271 TARGET 278-283 STOPLOSS 268

BUY PFC @ 223.5 TARGET 229-232 STOPLOSS 221

BUY TATASTEEL @ 230 TARGET 237-242 STOPLOSS 227

BUY TVSMOTOR @ 239 TARGET 245-248 STOPLOSS 236

GOOD LUCK

INTRADAY TRADING CALLS 15TH SEPTEMBER

BUY ONGC @ 231.5 TARGET 237-242 STOPLOSS 228

BUY VOLTAS @ 263 TARGET 271-275 STOPLOSS 259

BUY FEDERAL BANK @ 61 TARGET 63-64 STOPLOSS 60

BUY ITC @ 316 TARGET 321-324 STOPLOSS 313

BUY ONGC 240 SEPT CALL @ 3.7 TARGET 5-7 STOPLOSS 2.9

GOOD LUCK

Intraday Trading Calls 14th September 2015

BUY ARVIND LTD @ 267 TARGET 273-278 STOPLOSS 262

BUY PFC @ 221 TARGET 226-230 STOPLOSS 218

BUY RELCAPITAL @ 342 TARGET 355-362 STOPLOSS 338

GOOD LUCK

Intraday Trading Calls 11th September 2015

BUY FEDERAL BANK @ 61.50 TARGET 63-65 STOPLOSS 60

BUY VOLTAS @ 259 TARGET 267-272 STOPLOSS 255

BUY RELCAPITAL @ 345 TARGET 354-360 STOPLOSS 339

BUY BHEL @ 214 TARGET 221-225 STOPLOSS 211

GOOD LUCK

Intraday Trading Calls 10th September 2015

BUY APOLLOTYRE @ 178 TARGET 182-185 STOPLOSS 175

BUY FEDERALBANK @ 58.90 TARGET 62-63 STOPLOSS 57.5

BUY BANKBARODA @ 174 TARGET 178-182 STOPLOSS 171

BUY RELCAPITAL @ 329 TARGET 338-343 STOPLOSS 324

GOOD LUCK

TRADING CALLS 09TH SEPTEMBER 2015

BUY RELCAPITAL 350 SEPT CALL @ 5.5 TARGET 12-15 STOPLOSS 2

BUY FEDERAL BANK 65 SEPT CALL @ 0.75 TARGET 2.5-4 STOPLOSS 0.2

BUY CAIRN INDIA 160 SEPT CALL @ 3.5 TARGET 8-10 STOPLOSS 1.75

GOOD LUCK

TRADING CALL 21ST AUGUST 2015

AUGUST EXPIRY SPECIAL CALLS

BUY ITC 340 AUG CALL @ 0.9 TARGET 2.5-4 STOPLOSS 0

BUY FEDERAL BANK 70 AUG CALL @ 0.4 TARGET 2-3 STOPLOSS 0

GOOD LUCK

TRADING CALLS (F&O) 05TH AUGUST 2015

KEEP AN EYE ON FEDERAL BANK ABOVE 69.20 IT CAN BLAST UPTO 78-80 INTRADAY.

BUY FEDERAL BANK 75 AUG CALL @ 0.5 TARGET 2.5-4 STOPLOSS 0

BUY NMDC 110 AUG CALL @ 1.75 TARGET 3-4 STOPLOSS 0.75


GOOD LUCK

TRADING CALLS (OPTIONS) 31ST JULY 2015

BUY FEDERAL BANK AUG 75 CALL @ 0.75 TARGET 2-3 STOPLOSS 0.2

BUY RELINFRA AUG 440 CALL @ 11 TARGET 20-25 STOPLOSS 6

GOOD LUCK

LOW RISK TRADING CALLS (OPTION) 23 JULY 2015

BUY ITC JULY 320 CALL @ 2.25 TARGET 5-7 STOPLOSS 1

BUY PNB JULY 150 CALL @ 0.90 TARGET 2.5-3 STOPLOSS 0

GOOD LUCK

LOW RISK TRADING CALLS (OPTION) 22 JULY 2015

BUY SAIL JULY 60 CALL @ 0.3 TARGET 1.5-2 STOPLOSS 0

BUY TATAMTRDVR JULY 250 CALL @ 1.5 TARGET 5-7 STOPLOSS 0

GOOD LUCK

TRADING CALLS (OPTION) 20TH JULY 2015

BUY ITC 320 JULY CALL @ 4.5 TARGET 10-15 STOPLOSS 2.5

BUY RCOM 75 JULY CALL @ 1.2 TARGET 2.5-3 STOPLOSS 0.5

GOOD LUCK

TRADING CALLS (OPTION) 15 JULY 2015

BUY TATAMOTORS DVR JULY 240 CALL @ 6.25 TARGET 12-15 STOPLOSS 3.75

BUY ICICI BANK JULY 320 CALL @ 5.5 TARGET 9-12 STOPLOSS 3.5

BUY PNB JULY 150 CALL @ 2.5 TARGET 4.5-6 STOPLOSS 1

GOOD LUCK

TRADING CALLS 12TH JULY 2015

BUY PETRONET LNG JULY 200 CALL @ 1.75-2 TARGET 5-8 STOP LOSS 0.5

BUY TCS JULY 2500 CALL @ 45 TARGET 85-100 STOP LOSS 28

GOOD LUCK

TRADE CALLS 09TH JULY 2015

BUY PNB JULY 150 CALL @ 3.7 TARGET 5-7 STOPLOSS 2.75.

BUY TATA STEEL JULY 300 CALL @ 3.5 TARGET 6-8 STOPLOSS 2.

BUY NMDC @ 113 TARGET 122-125 STOPLOSS 110/- (INTRADAY)

GOOD LUCK

5 Best Stocks from Cement & Banking Sectors

TRADING CALLS 06TH JULY 2015

BUY CROMPTON GREAVE 175 JULY CALL @ 2.5-2.7 TARGET 5.0-7.0/- STOP LOSS 1.5

BUY ICICI BANK 320 JULY CALL @ 4.5-4.7 TARGET 8-10 STOP LOSS 2/-

BUY CANBANK 300 JULY CALL @ 4.5-4.7 TARGET 8-10 STOP LOSS 2/-

GOOD LUCK

Result Update: Action Construction Equipments Ltd

Action Construction Equipment (ACE) reported lower than expected revenues for4QFY2015, mainly owing to lower than expected revenue from the Cranessegment. Reported revenues were down 3.2% yoy, but were up 13.4% sequentially to164cr. Despite revenue is appointment, ACE impressed us by reporting a good set of EBITDA and PAT margins. The EBITDA margin expanded from 3.5% in 4QFY2014 to 4.5% in 4QFY2015, reflecting (1) 4.6% decline in raw material expenses (to136cr), and (2) 5.0% decline in employee expenses (to12cr). The PAT margin improved 21bp yoy to 1.2% for the quarter. This is despite 57.9% yoy decline in other income (to1cr), and sharp increase in effective tax rate to 40.1% (vs 14.0% in 4QFY2014). Key Positives: Turnaround in the Material Handling & Construction Equip (MH-CE) segment, Margin expansion ahead of our estimates. 

 

Key Negatives: Miss on the Cranes segment sales.

 

Outlook and Valuation: At the current market price of 39/share, ACE is trading at FY2016E and FY2017E P/E multiple of 37.7x and 10.1x, respectively. We are optimistic that ACE would be able to maintain its numero uno position in the domestic Pick and Carry cranes business. This, when coupled with a wide range of product offerings, wide pan-India distribution network, along with their recent cost cutting initiatives, comforts us. We estimate ACE to report an 18.4% and

138.1% top-line and bottom-line CAGR, respectively, during FY2015-17E.

 

Accordingly, we expect the RoE to improve from 1.3% in FY2014 to 11.3% in FY2017E. At the backdrop of sharp growth in profitability and RoE expansion, we assign 14.0x P/E multiple to our FY2017E EPS estimate of 3.9/share to arrive at a price target of 54.Given the 38.4%  upside in the stock from the current levels,we recommend a Buy rating on the stock. 

Source: Angelbroking.com

Result Update: Power Grid Corporation

Result Updates

Buy

CMP  143   Target Price   170

Revenue and earnings growth in-line with estimate Power Grid Corporation of India (PGCIL) reported a healthy 19.6% yoy increase in transmission revenues at Rs4,426cr, marginally below our estimate of Rs4,487cr. Consultancy revenues from services increased 6% yoy to Rs157cr, well ahead of our estimate of Rs133cr. Telecom revenues too were ~15% ahead of our estimate at Rs79cr. The increase in consultancy and telecom income more than offset the lower than expected transmission revenues, resulting in total operating income of Rs4,703cr, 0.3% higher than our estimate of Rs4,689cr. EBITDA margin increased 140bp yoy to 86.3% led by higher income from consultancy and telecom. Net profit increased ~20% yoy to Rs1,412cr vs our estimate of Rs1,378cr. Capitalisation below expectations, capex guidance maintained 4QFY2015 capitalisation came in lower than expected at Rs4,986cr, vs our estimate of Rs6,383cr. This was largely on account of delay in the commissioning of certain projects, which would be capitalized in 1QFY2016. PGCIL incurred a capex of ~Rs22,456cr in FY2015 in line with its target of Rs22,500cr. 

The company has guided for ~Rs45,000cr capex (Rs22,500cr in FY2016 and Rs22,550cr in FY2017) over the next two years. The current capital work in progress (CWIP) stands at ~Rs56,576cr. With total outlay upwards of Rs1,00,000cr, capitalisation is expected to remain healthy, providing strong earnings visibility. Outlook and valuation Led by strong capex plans and a healthy capitalisation rate, we expect PGCIL to report a revenue and EBITDA CAGR of ~15%. At the current market price of Rs143, the stock trades at a P/B of 1.8x and 1.6x its FY2016E and FY2017E BV of Rs81.5 and Rs91.2, respectively. We remain positive on the stock with a target price of `170, based on ~1.85x FY2017E book value, implying an 18% upside from the current levels. Maintain Buy.

Source: Angelbroking 

Market News

Reliance Power signs MoU with Govt of Bangladesh to develop 3,000 MW of Power Capacity

June 06, 2015 12:02 IST

The project is the largest foreign investment in Bangladesh with a potential investment of about US$3 bn in phases.

Kotak Mahindra Bank and ING Bank sign MoU for cross border business

June 06, 2015 11:34 IST

The MoU covers an array of co-operation areas such as trade finance, remittances and services related to Non-Resident Indians, Nostro and Vostro accounts, funding to counterparties corporate relationships, fee-based products (including but not limited to foreign exchange, letters of credit, and guarantees), direct banking and digital strategy, and cross-border debt capital markets and M&A.

Volvo Eicher Motors enters into a JV agreement to create VECV

June 06, 2015 11:21 IST

As a part of the transaction, in addition to acquiring 45.6% of the shareholding of VECV, AB Volvo had also acquired 22.75 lac shares of EML representing 8.4% of equity capital of the company.

Ashwani Kumar, CMD, Dena Bank, On reduced base rate

June 06, 2015 11:17 IST

Going forward in the current year, the bank doesnt foresee any further rate cut by RBI primarily because of an uncertain monsoon and food inflation worries.

MK Dhanuka, MD, Dhanuka Agritech On lower-than-expected monsoons

June 06, 2015 11:12 IST

The low rainfall will definitely impact the magnitude of crop sowing and consequently pesticide consumption.

Kapil Mehan, MD, Zuari Agro Chemicals On IMDs downgraded rainfall estimate

June 06, 2015 11:02 IST

Agricultural produce in actuality never falls in tandem with rain deficiency. However, theres an urgent need to incentivize it through governmental intervention.

Pension scheme for staff: Tata Steel says ballot result disappointing

June 06, 2015 10:53 IST

"We have worked hard to find a fair and balanced way of overcoming these challenges. We are disappointed therefore that no shared recommendation with the unions could be reached," according to a Tata Steel statement.

MF assets claw back to Rs. 12 trillion mark: CRISIL Research

June 06, 2015 10:32 IST

Positive sentiment for equity funds rubbed off onto balanced funds, which invest a major portion of their AUM in equity. The category attracted net inflows of Rs 12.02 billion in May, marking the 12th consecutive month of gains.

Forex reserves rises by $917.5 mn to $352.47 bn

June 05, 2015 18:51 IST

Foreign currency assets jumped by $980.4 million to $327.82 bn.

Alstom T&D India bags order worth Rs.108.8 cr from Power Gird

June 05, 2015 18:42 IST

The transformers located at Vindhyachal will help transmit power from the surplus energy in the northern region to southern region. In addition, the transformers installed at Vemagiri will strengthen the transmission system of the southern grid.

The Week That Was

June 05, 2015 18:41 IST

There appears to be no end to this carnage on Dalal Street. Just when markets made recovery in last weeks trade, selling pressure was on the rise yet again as Nifty tumbled by 3% this week. There's a lengthy menu of unappetizing factors, which has led to recent decline. The wording of monetary policy remained cautious and indicated a long pause before the next move on the interest rates. Despite a repo cut by 25bps, the policy statement mentioned that there is an element of uncertainty to the inflation outlook, wherein the probability of poor monsoon and volatility in oil prices pose as a serious risk. The central banks concerns about monsoon and likely pause for a while sent banking stocks in a tizzy.

Wockhardt recalls 2 drugs in US

June 05, 2015 18:19 IST

The USFDA reportedly said the reason for the recall is cGMP deviations and current good manufacturing practice.

Rupee ends upbeat! Snaps three consecutive sessions' depreciating streak

June 05, 2015 17:26 IST

Finally the Rupee ended at 63.75, stronger by 25 paise from its previous close of 64.00 on Thursday

No sharp decline seen in Rupee: PHD Chamber

June 05, 2015 17:01 IST

During the last one year, the rupee depreciated from around 59/USD in May 2014 (average) to about 64/USD (average) in May 2015.

Despite clarifications, Nestle India stock slips again

June 05, 2015 16:44 IST

The company decided to take Maggi noodles off the shelves across the country after six state governments banned the sale of popular noodles, despite the product being safe, the management said at a press conference today.

Just Dial gains after board approves share buyback proposal

June 05, 2015 16:40 IST

The company's board approved a proposal to buy back shares up to 25 percent of the aggregate of paid-up capital at a maximum price Rs. 1,550 per share.

Weekly: Sensex, Nifty crash 3.8% each

June 05, 2015 16:39 IST

For the week, BSE Sensex closed at 26,768 and NSE Nifty closed at 8,114 losing by 3.8% each.

Central Bank ends marginally down after fund raising plan

June 05, 2015 16:37 IST

Central Bank of India informed BSE that Capital Raising Committee of the board approved the proposal to raise Tier I capital upto Rs. 5,000 crore in one or more tranches during financial year 2015-16 through various modes.

Fresh lows: Bank of India, Adlabs Ent among stocks that hit 52-week low

June 05, 2015 16:28 IST

The broader market managed to finish into the green. The CNX Smallcap and the CNX Midcap indices added 0.2 percent each at 5,260 and 12,721, respectively.

Source: http://www.indiainfoline.com

TRADING CALLS 29 MAY 2015

Buy L&T Finance June 70 Call @ 0.3-0.35 For Target 3-5 Stop Loss 0.

Buy Cairn India June 200 Call @ 4.5-5.0 For Target 12-15 Stop Loss 2.

Buy IDBI Bank June 80 Call @ 0.7 For Target 2.5-4 Stop Loss 0.2.

GOOD LUCK

TRADING CALLS FOR 16 APRIL 2015

BUY EXIDE IND APRIL 200 CALL @ 3/- TARGET 5-7-10/- STOP LOSS 1.8/-

GOOD LUCK

TRADING CALLS FOR 13 APRIL

BUY FEDBANK 140 APRL CE @ 1.25 TARGET 3-5. STOPLOSS 0.5.

BUY ASIANPAINTS 880 APRIL CE @ 15 TARGET 28-35-50 STOPLOSS 8.

GOOD LUCK.

Book Profits

Book Profits in RCOM,  RELINFRA & PPWERGRID.

TRADING CALL 09 APRIL 2015

BUY POWERGRID 155 APRIL CALL @ 1.75 TARGET 3.5-5/- STOP LOSS 0.5/-

GOOD LUCK

TRADING CALLS FOR 07TH APRIL 2015

BUY RCOM APRIL 70 CALL @ 0.6/- TARGET 2-3.5/- STOP LOSS 0.10.

BUY RELINFRA APRIL 460 CALL @ 10/- TARGET 18-25/- STOP LOSS 4.

GOOD LUCK