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Morning Tea 05th May 2017

World Market: Wall Street ended flat on Thursday as a steep fall for the energy sector countered some solid earnings reports,

with major stock indexes closing little changed after the US House of Representatives passed a healthcare overhaul.

The House on Thursday afternoon narrowly voted to repeal major portions of the 2010 Affordable Care Act, known as Obamacare, and replace it with a Republican healthcare plan, sending it to the Senate for consideration. The bill's passage comes after House Republicans pulled healthcare legislation earlier this year in a setback, raising questions among investors about President Donald Trump's ability to enact his agenda.

The Dow Jones Industrial Average fell 6.43 points, or 0.03 percent, to 20,951.47, the S&P 500 gained 1.39 points, or 0.06 percent, to 2,389.52 and the Nasdaq Composite added 2.79 points, or 0.05 percent, to 6,075.34.

Asian Market: Asian stocks are set for a third straight day of losses on Friday as a retreat in crude oil and other commodities

prices knocked global sentiment, although receding concerns about France's presidential election kept the euro near six-month highs.

MSCI's broadest index of Asia-Pacific shares outside Japan opened flat on Friday. Japan and South Korea markets are closed for trading.

The Indian equity market is expected to open negative today tracking Asian indices. SGX Nifty is trading at 9353.00, Down by 34 points.

SBI says bad loan mess will be resolved in 3 years HDFC Q4 net profit dips 22% to Rs 2,044 crore Falling crude oil to boost HPCL, BPCL, IOC Adani signs steel supply deal with Australian group Arrium JP Associates defaults on interest payment on NCDs

SUVEN Buy in the range of 184.50-186.35 for Target of 194.60 with SL of 179 On a daily chart, the stock has formed a Bullish Engulfing candlestick with above average volume which indicates bullish reversal movement after a passing correction from 195 level. Moreover, the stock has managed to close above its 200 days moving average which is placed at 183.75 level which shows that the stock has gained enough strength to move ahead. A momentum indicator RSI reading is at 57.04 level with a positive crossover which points out for a positive breath in the stock. So for trading perspective, one could Buy in the range of 184.50-186.35 for Target of 194.60 with SL of 179. RCF Buy in the range of 87.95-88.85 for Target of 94 with SL of 85 On a daily chart, the stock has given a breakout of its range bound movement which shows robust upside movement in the counter. Furthermore, the stock has been trading above its 21 days moving average which is placed at 83.85 level which shows that near term trend is up. A momentum indicator RSI reading is at 70.55 level with a positive crossover which points out for a positive breath in the stock. So for trading perspective, one could Buy in the range of 87.95-88.85 for Target of 94 with SL of 85.

Stock/Sector - News

Global Update

As per Yester’s Morning Tea,

GSFC Up by 6.75%

As per Yester’s Morning Tea,

INDIANB Up by 3.49%

Hatsun Agro Product Limited; Interim Dividend Rs 3/- Per Share Tata Consultancy Services Limited; Buyback Hexaware Technologies Limited; Interim Dividend Re 1/- Per Share Kewal Kiran Clothing Limited; Interim Dividend Rs 7/- Per Share Result Calendar: APCOTEXIND, APOLLOTYRE, ATUL, BLUEDART, CHOKSI, CLLIMITED, DAICHI, DALMIASUG, EICHERMOT, EQUITAS, FSL, GARODCH, GESHIP, GLOBALCA, GNA, INDAG, INDPRUD, MAFATIND, MONSANTO, NGLFINE, NIITTECH, ORIENTCEM, PGHH, RAIN, RAJATH, SANOFI, SHANKARA, SHANTAI, SHOPERSTOP, SPARC, TRIL, UNIVCABLES, VICTMILL, VISAKAIND.

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Morning Tea 05th May 2017

Corporate Action / Result Calendar

ADANIENT, BHARATFIN, JSWENERGY & UJJIVAN

Security in Ban

Bulk Deal

Deal Date Security Code Security Name Client Name Deal Type Quantity Price

4/5/2017 532659 IDFC THE ROYAL BK OF SCOT PLC AS DEP OF FIR ST ASI PAC LEADERS FD A SUS 25,638,473 61

4/5/2017 532919 ACIASIA HARITIMA INFRASTRUCTURE PRIVATE LIMITED S 4,864,654 0.85

4/5/2017 532919 ACIASIA ZUBER TRADING LLP B 4,252,894 0.85

4/5/2017 502465 SPECIAPP ANUMITA INFRASTRUCTURE PRIVATE LIMITED S 4,074,658 0.48

4/5/2017 502465 SPECIAPP ZUBER TRADING LLP B 3,955,024 0.48

4/5/2017 538422 JACKSON GOLDENSIGHTCOMMOTRADE PVT LTD B 3,888,898 3.97

4/5/2017 508939 BLCISER POLPIK TRADERS PVT LTD S 3,000,000 3.96

4/5/2017 531898 SANGUI ZUBER TRADING LLP B 2,965,754 0.83

4/5/2017 531611 AADHAARVEN ZUBER TRADING LLP B 2,381,053 0.79

4/5/2017 531611 AADHAARVEN ETHAN CONSTRUCTIONS PRIVATE LIMITED S 2,152,086 0.79

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Morning Tea

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05th May 2017