Todays Market Nifty 8337.90 (+1.95) (+0.02%)

Sensex 270201.49 (+34.62) (+0.13%)
ITC allots equity shares

ITC announced that the Company on 07 July 2016 issued and allotted 402,66,57,100 Ordinary Shares of Re. 1 /- each, as Bonus Shares to those Members of the Company entitled thereto as on July 04, 2016, being the Record Date fixed for the purpose.

Consequently, with effect from 07 July 2016, the Issued, Subscribed and Paid-up Share Capital of the Company stands increased to Rs. 1207,99,71,301/- divided into 1207,99,71,301 Ordinary Shares of Rs. 1/- each.

Remember Our Reports

On Sunday Night we posted

Monthly update: we started month with nifty 7800 -8000. With the  fear of brexit sudden Rajan surprised and REXIT happend , due to this major event our market has given tremendous opportunities to make money. As discussed with many client on 24th also inform our HNI clients to  go long on that day ,

So we got very good chance to earn in script like NIFTY LUPIN GLENMARK  COAL INDIA and many more .... We see market breath is positive for this month also.

There are few events will give you great opportunity to make money script wise ,so be ready for rocking July 2016 . Monday market  likely to open positive note.

Those who made money and added in Angel family Thank you and happy earning .......

 Monday Report

As expected market open up and finally end green with eight month high today. I see some cooling off in few stocks as some momentum indicators become overbought in few stock on intraday basis , so expect retracement in some counters . Today we have booked profit in Bhel which has given good return  within 3trading sessions also booked profit in Cipla  . We still in position like Glenmark Lupin and ceat and Adani port which could be stock of the month in July series . Tomorrow morning in first hour if nifty go up just don't jump and buy . Book profit and enjoy

Tuesday Report

As expected market cooled off and ended red today on profit booking , ADAG group showing buying  relcap  rcom and relinfra  is the good gainer today,

Stock like reliance gain  helped nifty to maintain above 8325 level .

Adani port coal India Glenmark were maintains above our buying level.

After 6   consecutive days  gain nifty should take break for profit booking , so got good chance to book profit in reliance ind which has given  good profit .

Also we booked partial profit in nifty  8400 put  @136  which we bought   yesterday.

We maintain our buying in few counters which is mention yesterday.

Whats now ?

Asian,Europe Down

Nifty hovering around 7335 near 20 day moving average on hourly chart,

Support seen 8200 on daily chart,  always hedge your position it will save your money because trader blood is money.  

Todays Market Nifty 8335.95 (-34.75) (-0.42%)

Sensex  27166.87 (-111.89) (-0.41%)

Coal India gains as board to consider buyback of equity shares

The announcement was made during market hours today, 5 July 2016.

Meanwhile, the S&P BSE Sensex was down 113.38 points or 0.42% at 27,165.38

On BSE, so far 3.45 lakh shares were traded in the counter as against average daily volume of 5.12 lakh shares in the past one quarter. The stock hit high of Rs 323.10 and low of Rs 317 so far during the day. The stock had hit a record high of Rs 447.25 on 5 August 2015. The stock had hit a 52-week low of Rs 272.05 on 12 April 2016. The stock had outperformed the market over the past 30 days till 4 July 2016, rising 2.75% compared with Sensexs 1.62% rise. The scrip also outperformed the market in past one quarter, rising 14.98% as against Sensexs 9.63% gain.

The large-cap company has equity capital of Rs 6316.36 crore. Face value per share is Rs 10.

Shares of Coal India rose 2.37% to settle at Rs 317.45 yesterday, 4 July 2016 after the company said that Coal India and its subsidiaries on a provisional basis achieved 99% of targeted production at 42.72 million tonnes in June 2016. With respect to coal offtake, 95% of target was achieved for the month. The total offtake stood at 44.96 million tonnes in June 2016. The company announced the monthly coal production and offtake performance market hours on Friday, 1 July 2016.

Coal Indias consolidated net profit rose 0.2% to Rs 4247.93 crore on 0.7% decline in total income to Rs 22904.36 crore in Q4 March 2016 over Q4 March 2015.

State-run Coal India is Indias biggest coal miner. The Government of India currently holds 79.65% stake in Coal India (as per the shareholding pattern as on 31 March 2016)

Todays Market Nifty 8370.70 (+42.35) (+0.51%)

Sensex 27278.76 (+133.85) )(+0.49%)

SBI gains after reducing stake in NSE

Meanwhile, the BSE Sensex was up 130.57 points, or 0.48%, to 27,275.48.

On BSE, so far 15.11 lakh shares were traded in the counter, compared with average daily volume of 27.45 lakh shares in the past one quarter. The stock hit a high of Rs 224.40 and a low of Rs 221.65 so far during the day. The stock hit a 52-week high of Rs 291.85 on 5 August 2015. The stock hit a 52-week low of Rs 148.30 on 12 February 2016. The stock had outperformed the market over the past 30 days till 1 July 2016, rising 9.52% compared with 1.12% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 12.24% as against Sensexs 7.42% rise.

The large-cap state-run bank has an equity capital of Rs 776.28 crore. Face value per share is Re 1.

State Bank of India (SBI) announced after market hours on Friday, 1 July 2016, that it sold 5% stake in National Stock Exchange of India (NSE) to Mauritius-based foreign institutional investor Veracity Investments at Rs 4,050 per share. Post this transaction, SBI holds 5.19% stake in NSE while its subsidiary SBI Capital Markets holds another 4.33% in the NSE.

Meanwhile, SBI and Reliance Industries (RIL) signed shareholders agreement on 30 June 2016 for setting up payments bank. RIL will hold a majority 70% stake and SBI as joint venture partner with hold 30% equity stake in the proposed payments bank. All requisite regulatory and statutory approvals will now be sought for operationalizing the payments bank. The announcement was made after market hours on Friday, 1 July 2016.

SBIs net profit fell 66.2% to Rs 1263.81 crore on 10.1% increase in total income to Rs 53526.97 crore in Q4 March 2016 over Q4 March 2015.

Tata Motors announces sales figures

Tata Motors continued to witness year-on-year growth in certain key segments in June 2016, with the companys LCV sales growing by 14% and its passenger cars growing by 22%. The companys total passenger and commercial (including exports) in July 2016 were at 44,276 vehicles, a growth of 8%, over 40,869 vehicles sold in June 2015. The companys domestic sales of Tata commercial and passenger vehicles for June 2016 was at 38,673 nos., a growth of 8%, over June 2015.

Cumulative sales (including exports) of the company for the fiscal was at 123,729 nos., higher by 6% over 116,504 vehicles, sold last year.

In June 2016, Tata Motors passenger vehicles in the domestic market, recorded a sale of 12,509 nos. a year-on-year growth of 22%, compared to 10,281 nos. sold in June 2015.

Sales of passenger cars in June 2016 was higher by 37% at 11,705 nos., compared to 8,516 nos., in June 2015, as Tata Motors hatchback sales grew by over a 100% at 7,126 units in June 2016, due to strongdemand for the recently launched Tiago. Cumulative sales growth of all passenger vehicles in the domestic market, for the fiscal was flat at 31,621 nos.

In commercial vehicles, sales of Tata Motors Light Commercial Vehicles, continued to grow in the domestic market at 16,017 nos., an increase of 14% over June 2015. M&HCV sales were at 10,147 nos., lower by11%, over June 2015. The overall commercial vehicles sales in June 2016, in the domestic market were at 26,164 nos., a growth of 2%, over June 2015.

Cumulative sales of commercial vehicles in the domestic market for the fiscal was at 78,292 nos., higher by 10% over last year. Cumulative LCV sales is at 43,191 nos., an increase of 11% over last year, whileM&HCV sales of 35,101 nos., was higher by 8% over last year.

The companys sales from exports was at 5,603 nos., in June 2016, a growth of 11% compared to 5,046 vehicles sold in June 2015. The cumulative sales from exports for the fiscal was at 13,816 nos., higher by2%, over 13,510 nos., sold last year.