Capitalstars:-After arrest, Bank Of Maharashtra CEO-MD removed

In an abrupt move, the Board of Directors of the Bank of Maharashtra on Friday resolved to remove arrested CEO and Managing Director Ravindra P. Marathe from all functional responsibilities with immediate effect.

According to a statement, Executive Director A.C. Rout, has been appointed in his place, of the Pune-headquartered bank.

The development came nine days after the Pune police's Economic Offences Wing (EOW) swooped on the bank and nabbed Marathe and six others in a case of around Rs 2,43 crore fraudulent loans extended to the Pune-based DSK Group.

The EOW has also arrested the public sector bank's Executive Director Rajendra K. Gupta, Zonal Manager Nityanand Deshpande from Ahmedabad and former CMD Sushil Muhnot from Jaipur.

The 83-year-old bank is ranked among the leading PSBs in India.

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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

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Nifty ends June series with a cut of over 1%

Indian Indices:                             The Nifty5o slipped below its crucial support at 10,600 but the real carnage was seen in the small and midcap space on Thursday. The index finally closed 82 points lower at 10,589.

Global Market:

·       Asian markets- Asian markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.34% while the Hang Seng is up 0.98%. The Shanghai Composite is not trading.

·       US Markets: Stocks end decisively lower as major tech and internet names sell off; indexes close at lowest level of June

·       European markets: European markets finished broadly lower today with shares in Germany leading the region. The DAX is down 1.39% while France's CAC 40 is off 0.97% and London's FTSE 100 is lower by 0.08%.

·       Major Headlines of the day:

·        Sebi fines individual for fraud trading in BGIL Films and Technologies

·        One Year of GST: Steady state in sight after 12 months of rough and tumble as focus shifts to compliance, easier procedures

·        HDFC Mutual Fund gets Sebi go-ahead for IPO

·        The Nifty50 slipped below its crucial 50-EMA but closed above its 100-EMA placed around 10,571. The Nifty bounced back from its crucial support placed around 10,550.

Trend in FII flows:-  The FIIs were Net Value of Rs  -951.51 in the cash segment while the DIIs were Net Value of Rs 442.64 as per the provisional figures.

Securities in Ban For Trade Date 29-JUNE-2018 :-

1. NILL

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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

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Nifty likely to open flat

Indian Indices:                             Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 30 points or 0.28 percent. Nifty futures were trading around 10,645-level on the Singaporean Exchange.

Global Market:

·       Asian markets- Asian markets are higher today as Chinese and Hong Kong shares show gains. The Shanghai Composite is up 0.22% while the Hang Seng is up 0.50%. The Nikkei 225 is not trading.

·       US Markets: Stocks end decisively lower as major tech and internet names sell off; indexes close at lowest level of June.

·       European markets: European markets finished broadly higher today with shares in London leading the region. The FTSE 100 is up 1.11% while Germany's DAX is up 0.93% and France's CAC 40 is up 0.87%.

·       Major Headlines of the day:

·        BSE SME aims to list 300 firms on its platform by December

·        Asian shares flirt with 9-month low on mounting trade war fears

·        Wall Street tumbles on renewed US-China trade jitters

·        The Nifty slipped below its crucial support placed at the 10,700 level in Wednesday’s trading session where it hit an intraday low of 10,652.40 and then bounced back to marginally close above its 50-day exponential moving average (EMA) placed around 10,670.

Trend in FII flows:-  The FIIs were Net Value of Rs  67.44 in the cash segment while the DIIs were Net Value of Rs 84.31as per the provisional figures.

Securities in Ban For Trade Date 28 JUNE 2018 :-

1.  DHFL  

2.  Infibeam

3.  JP Associat

4.  Wockpharma &

5.  Jisljaleqs

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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

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Nifty likely to open flat

Indian Indices:                             Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 17.5 points or 0.16 percent. Nifty futures were trading around 10,743-level on the Singaporean Exchange.

Global Market:

·       Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.41% while the Hang Seng is down 0.47%. The Shanghai Composite is not trading..

·       US Markets: Markets sell-off led by tech stocks as U.S.-China trade war hits sectors

·       European markets: European markets finished mixed as of the most recent closing prices. The FTSE 100 gained 0.37%, while the DAX led the CAC 40 lower. They fell 0.29% and 0.05% respectively.

·       Major Headlines of the day:

·        Tech, energy lead Wall Street rebound as trade worries ease

·        ITC seeks shareholders’ nod to extend YC Deveshwar’s term

·        Sebi receives 8 counter bids for PACL group properties

·        The Nifty-50 index Futures continues to oscillate back and forth in a narrow range indicating consolidation going on currently.

Trend in FII flows:-  The FIIs were Net Value of Rs  -538.4 in the cash segment while the DIIs were Net Value of Rs 238.05 as per the provisional figures.

Securities in Ban For Trade Date 27 JUNE 2018 :-

 1.  DHFL  

2.  Infibeam

3.  JP Associat

4.  CG Power

5.  IDBI

6.  Wockpharma &

7.  Jisljaleqs

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Mcx tips,  Intraday stock tips, Financial Advisory Company

* 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

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CapitalStars Kamyabi Ki Raah on CNBC Awaaz

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Nifty may retest critical support around 10,700

Indian Indices:                             Benchmark indices are flat in pre-opening trade amid global weakness on ongoing trade tensions between US and China. The Sensex rose 21.98 points to 35,492.33 while the Nifty fell 23.20 points to 10,739.30.

Global Market:

·       Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.52% while the Hang Seng is down 0.95%. The Shanghai Composite is not trading.

·       US Markets: Markets sell-off led by tech stocks as U.S.-China trade war hits sectors

·       European markets: European markets finished sharply lower today with shares in Germany leading the region. The DAX is down 2.46% while London's FTSE 100 is off 2.24% and France's CAC 40 is lower by 1.92%.

·       Major Headlines of the day:

·        Asian markets are under pressure amid escalated trade tensions between US and China and crude worries.

·        Indian rupee opens flat at 68.13 per dollar

·        Oil drops after OPEC+ output deal, but markets to stay tight

·        The Nifty50 is likely to open lower on Tuesday following muted trend seen in other Asian markets. The Nifty closed 59 points lower at 10,762 on Monday.

Trend in FII flows:-  The FIIs were Net Value of Rs  198.68 in the cash segment while the DIIs were Net Value of Rs -86.22 as per the provisional figures.

Securities in Ban For Trade Date 26 JUNE 2018 :-

1.  DHFL  

2.  Infibeam

3.  JP Associat

4.  CG Power

5.  IDBI &

6.  Wockpharma

Get more details here:-

Mcx tips,  Intraday stock tips, Financial Advisory Company

* 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

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Nifty to face resistance around 10,860 levels

Indian Indices:                             Nifty patterns on multiple timeframes show it ended the week with a Dragonfly Doji. Bank Nifty ended Friday 1.02 percent higher at 26,766.85.

Global Market:

·       Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.37% while the Hang Seng is down 0.60%. The Shanghai Composite is not trading.

·       US Markets: The threat of a full-blown trade war isn’t having the impact on investor sentiment and stock prices that might be expected judging by double-digit gains for the Nasdaq and modest but positive returns for the S&P 500 so far.

·       European markets: European markets finished broadly higher on Friday with shares in London leading the region. The FTSE 100 is up 1.67% while France's CAC 40 is up 1.34% and Germany's DAX is up 0.54%.

·       Major Headlines of the day:

·        Asian shares dogged by trade worries, oil keeps gains

·        Charges for high algo OTR to be imposed in equity segment from June 29

·        Crude prices trading below 50 & 20-day SMA suggesting weakness in prices

·        Rupee may hit all-time low if it breaks 68.10/$

·        Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 54.5 points or 0.51 percent.

                                                                                                                Nifty futures were trading around 10,782.5-level on the Singaporean Exchange.

Trend in FII flows:-  The FIIs were Net Value of Rs  -1343.44in the cash segment while the DIIs were Net Value of Rs 1105.76 as per the provisional figures.

Securities in Ban For Trade Date 25 JUNE 2018 :-

    1.  DHFL  

    2.  Infibeam

    3.  JP Associat

    4.  CG Power&

    5.  IDBI

Get more details here:-

Mcx tips,  Intraday stock tips, Financial Advisory Company

* 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

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Amid volatility equity indices rise for 5th straight week

Despite volatility and a broadly bearish momentum, the key Indian equity indices rose for the fifth consecutive week, although with marginal gains.

Value buying by investors, primarily in banking, healthcare and auto stocks on Friday helped the indices end higher than the previous week's levels.

The gains in the week ended Friday, were limited by global trade war concerns due to imposition of tariffs and counter-tariffs internationally.

Index-wise, the barometer 30-scrip Sensitive Index (Sensex) of the BSE rose by 67.46 points or 0.19 per cent to close at 35,689.60 points on a weekly basis.

The wider Nifty50 of the NSE closed the week's trade at 10,821.85 points -- up 4.15 points or 0.04 per cent -- from its previous close.

According to analysts, market breadth was negative in all the five trading sessions of the week. 

"Markets ended the week with marginal gains after trading in a rangebound manner for a major part of the week. It was nevertheless the fifth consecutive week of gains for the Nifty50," said Deepak Jasani, Head of Retail Research at HDFC Securities.

Shibani Kurian, Senior Vice President and Head of Equity Research at Kotak Mutual Fund told IANS: "Volatility in the market continued during the week ended June 22, 2018 amidst rhetoric of intensifying trade wars between the US and China and the possibility of imposition of further tariffs against imports from China."

According to Equity99's Senior Research Analyst, Rahul Sharma, stock specific actions were the flavor of the week, "wherein HDFC twins (HDFC, HDFC Bank) shimmered, gaining more than 2 per cent".

Further, during the week all eyes were on the outcome of the Organisation of Petroleum Exporting Countries' (OPEC) meet, said Prateek Jain, Director of Hem Securities. OPEC, was expected to decide on raising its oil production to cool down oil prices and eventually on Friday it announced an agreement to raise oil output by nearly one million barrels per day.

On the currency front, the rupee closed at 67.84 against the US dollar appreciating by 18 paise from its previous week's close of 68.02 per greenback.

In terms of investments, provisional figures from the stock exchanges showed that foreign institutional investors sold scrip worth Rs 2,088.81 crore, while the domestic institutional investors purchased stocks worth Rs 4,720.76 crore during the week.

Figures from the National Securities Depository (NSDL) revealed that foreign portfolio investors (FPIs) divested equities worth Rs 4,528.63 crore, or $665.71 million, in the week ended on June 22.

Sectorally, the top gainers were the Bank Nifty, pharma and energy indices, while the top losers were metal, public sector banks and IT indices, Jasani told IANS.

The top weekly Sensex gainers were ICICI Bank (up 6.57 per cent at Rs 300.85); HDFC (up 3.86 per cent at Rs 1,902.40); HDFC Bank (up 2.52 per cent at Rs 2,081.80); Tata Motors (up 1.63 per cent at Rs 308.15); and Yes Bank (up 1.41 per cent at Rs 335.20 per share).

The major losers were Coal India (down 5 per cent at Rs 265.10); Vedanta (down 4.23 per cent at Rs 228.65); ONGC (down 3.63 per cent at Rs 159.45); Wipro (down 3.34 per cent at Rs 257.95); and Infosys (down 2.66 per cent at Rs 1,246.45 per share).

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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

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Nifty likely to open flat

Indian Indices:                             Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 34.5 points or 0.32 percent. Nifty futures were trading around 10,698-level on the Singaporean Exchange.

Global Market:

·       Asian markets- Asian markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.85% while the Hang Seng is down 0.08%. The Shanghai Composite is not trading.

·       US Markets: U.S. stocks close lower on Thursday, with major indexes suffering one of their worst sessions ... Charting a market divergence, Dow industrials violate 50-day average.

·       European markets: European markets finished broadly lower today with shares in Germany leading the region. The DAX is down 1.44% while France's CAC 40 is off 1.05% and London's FTSE 100 is lower by 0.93%.

·       Major Headlines of the day:

·        Crucial support for Nifty around 10,680

·        Sebi approves changes to IPO norms

·        OPEC strives for oil deal as Iran insists on modest rise in output

·        ICICI Bank gains over 2% on reports of likely appointment of new chairman

·        Asian shares flirt with 6-month lows as signs of tariff effects appear

Trend in FII flows:-  The FIIs were Net Value of Rs  1126.75 in the cash segment while the DIIs were Net Value of Rs 663.57as per the provisional figures.

Securities in Ban For Trade Date 22 JUNE 2018 :-

    1.  DHFL  

    2.  Infibeam

    3.  JP Associat &

   4.  CG Power

Get more details here:-

Mcx tips,  Intraday stock tips, Financial Advisory Company

* 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

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