GOLDEN RULES FOR TRADING

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

 May rise next week; Jan-Mar earnings in focus Local share indices are expected to rise next week, and we expect the Nifty 50 to test 9800-point mark in the nearto-medium term given the strong momentum in the market. Yesterday's strong movement reiterated our belief that the Nifty 50 might test 9800-point much faster than anticipated earlier. However, global cues and Jan-Mar earnings remain a key factor. Benchmark indices yesterday extended their gains, with the Nifty 50 briefly touching the psychologically important 9600-mark to end at a record closing level of 9595.10 points, up 85.35 points or 1% from its previous close. The S&P BSE Sensex index ended at 31028.21 points, up 278.18 points or 1%, the second straight record closing for the 30-stock index. The index also hit a lifetime high intraday. Cues from global markets will also affect the movement in the broader market. Market participants will keep an eye on the declining crude oil prices, after energy stocks dropped following the decision of the Organization of Petroleum Exporting Countries not to make deeper cuts in production. The OPEC and some non-OPEC producers, on Thursday, agreed to extend oil production cut for nine months more, but the 1.8-mln-barrel-per-day output cut disappointed the market. Crude oil prices plummeted the most in three weeks. Markets will also eye the Bank of Japan governor Haruhiko Kuroda's speech scheduled over the weekend. European Central Bank's President Mario Draghi is set to appear at the Committee on Economic and Affairs on Monday. Apart from global cues, robust Jan-Mar earnings are also going to bolster sentiment. With many companies yet to detail their Jan-Mar earnings, action is likely to remain stockspecific.

Source : Cogencis Information Services Ltd.


Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Seen rising next week, Maruti Suzuki in focus Stocks of most automobile companies are seen rising next week on the back of a strong general market sentiment and continuous uptick in Maruti Suzuki India Ltd, the heavyweight in the automobile index. Yesterday, share indices rose nearly 1% each and helped the Nifty 50 breach the 9600-point mark to test a fresh lifetime high of 9604.90 points. We remain positive on Maruti Suzuki's growth story on the back of strong volume growth led by consistent volume uptick of Ciaz sedan, Vitara Brezza compact sports utility vehicle and Baleno premium hatchback. The company has also been a top pick by most brokerage houses due to increasing average selling price led by an expanding portfolio in the premium segment and fresh capacity addition from the Gujarat facility. Uptick in rural demand, supporting macro tailwinds like seventh pay commission payout, falling interest rates, urbanisation and growing middle class also aid a strong outlook on the company. Mumbai-based Tata Motors Ltd has also gained from the strong performance of the company's arm Jaguar Land Rover during Jan-Mar. Jaguar Land Rover sales rose 13% on year in the March quarter to 179,509 units. With relatively lower margin volatility expectations and strong model cycle on the back of ramp-up of Discovery sports utility vehicle, Velar sports utility vehicle, new Range Rover Sport sports utility vehicle, and E-Pace compact sports utility vehicle (over next 12-15 months). Ashok Leyland, the third largest commercial vehicle manufacturer, has also retained a positive outlook from market participants as the company beat estimates of Jan-Mar earnings and posted a net profit of 4.8 bln rupees. Company maintains its positive outlook for 2017-18 (Apr-Mar) and is optimistic that the industry will grow at nearly 10-15% in the current financial year led by strong economic growth, mining and infrastructure activities.

Source : Cogencis Information Services Ltd.

Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017

Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017

Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Private Banks to have upward bias, PSU banks seen down Trade in bank stocks is expected to be a mixed bag in the coming week, with private banks seen extending this week's gains, whereas public sector banks are seen down, continued to be weighed down by concerns of capital constraint and weak asset quality. The largest hit this week was taken by IDBI Bank, stocks of which fell 8.87% during the week. The bank's debt papers were downgraded by several rating agencies such as CRISIL and ICRA. On Thursday, Moody's Investors Service also downgraded the bank's rating to Ba2 from Baa3, minutes after which the lender announced a 'turnaround plan' to control and manage the bad loan book, and measures to improve the capital adequacy. The bank was one of the 10 public sector lenders asked by the government to submit a turnaround plan, before further capital infusion into them. On May 9, the RBI had initiated prompt corrective action on IDBI Bank, citing a high net non-performing asset ratio and negative return on assets, subsequent to which the bank reported that its net loss for 2016-17 (Apr-Mar) widened to 51.58 bln rupees from 36.65 bln rupees the previous year. However, analysts remain positive on the overall sector, especially private sector banks, given the strong rollover demand at the time of expiry of the May derivative contracts. The Nifty Bank ended the May series on an optimistic note. The move was largely supported by private sector leaders whereas follow-up buying was also seen in the June series. Rollover spreads continued to remain muted which will support the broader move going forward as short traders will cover their positions in case of selling.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Stocks of metal and mining companies are seen positive next week as they track movement of the broader market, sentiment for which remains upbeat. Nifty 50 and Sensex hit their lifetime highs this week, gaining close to 2% each during the week. This is the third consecutive week for which share indices have ended higher. If the positive run in the market continues, the metal space is likely to outperform benchmark indices given its hi-beta nature, and the recent correction in these shares. Analysts are particularly positive on companies in the non-ferrous space, as they reap the benefit of robust year-on-year production growth in April. Hindustan Zinc, Hindalco Industries and Vedanta have all seen strong production volumes in April. Overall, we expect non-ferrous companies to sustain earnings momentum on higher base metal prices and operating leverage benefits. In the earnings space, Hindalco Industries, which is scheduled to detail its Jan-Mar numbers on Tuesday, will be watched. Aditya Birla group owned-Hindalco Industries is seen posting a 53% sequential rise in its net profit for Jan-Mar, led by higher prices of copper and aluminium even as its volumes remain stable sequentially. Market participants sees the Mumbai-based company's net profit at 4.91 bln rupees, while net sales are seen at 103.50 bln rupees, up 4.4% on quarter and 19.4% on year. Other companies in the metal space announcing their earnings include Bhushan Steel and Sarda Energy and Minerals.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017

FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Prospects of a good monsoon, recovery in sales growth from the demonetisation-led slump for most companies, and underlying bullish sentiment in the market are likely to push stocks of fast moving consumer goods companies higher next week. Pre-monsoon showers accompanied by thunderstorms are likely to cover most parts of the country by Sunday, private weather forecaster Skymet said yesterday. Next week, shares of ITC are likely to rise further, aided by strong cigarette sales in Jan-Mar. Yesterday, the company's stock surged to a fresh lifetime high after the company reported a 6.2% on-year rise in net sales to 150.1 bln rupees due to a near 5% growth in cigarette revenue, its main business, to 89.5 bln rupees. Yesterday, the scrip ended 3% higher at 309.10 rupees and is likely to test 352 rupees in the near term. Stocks of Hindustan Unilever, which gained 3.3% this week, are likely to inch higher as the company has hiked product prices by 2-7% in May. HUL's stock is moving in an uncharted territory with ample volumes. We expects shares of Britannia Industries to plunge further as the stock is trading below the 21-day moving average amid high volumes. The company's failure to improve its operating margin during the quarter ended March--earnings before interest, taxes, depreciation and amortization margin was flat on year at 13.30%--weighed on its stock yesterday and the scrip ended 2.9% lower from the previous close. Through this week, the Nifty FMCG index gained 4.7%, aided by favorable rates under goods and services tax. Yesterday, the index scaled to a lifetime high of 25711.15 points. Next week, stocks of United Spirits, Godfrey Phillips India, Ruchi Soya Industries, Parag Milk Foods, and Manpasand Beverages will be on investors' radar as these companies are set to detail their earnings for the Jan-Mar.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Stocks of cement companies are seen range-bound next week as recent price cuts by these companies are seen weighing on sentiment. Cement companies, which had hiked prices in March and April due to a recovery in demand after demonetisation, cut prices in May as the recovery in demand has been slower than expected. Cogencis had reported last week that ACC Ltd, Ambuja Cements Ltd, and UltraTech Cement Ltd cut prices by 10-20 rupees per 50-kg bag in the Delhi-National Capital Region in May. Demand had slowed in May, which led companies to undertake price cuts. Demand for cement had been hit by the government's decision to withdraw old 500- and 1,000-rupee currency notes from circulation from Nov 9. However, as the availability of currency notes in circulation improved, cement companies started hiking prices across India. In April, ratings agency ICRA said in a report that cement prices had reached pre-demonetisation levels. However, the recent price cuts have raised doubts on the pace of recovery in the sector. Analysts, however, are positive about the cement sector, as they see higher spending by central and state governments on infrastructure. The government's decision to give infrastructure status to affordable housing in the Union Budget for 2016-17 (Apr-Mar) is also likely to boost demand. The cement industry is also seen gaining from the implementation of the goods and services tax, which is likely to come into effect from Jul 1. While the 28% tax rate under the goods and services tax regime is seen as neutral for the cement sector, lowering of tax on coal to 5% from around 11% is seen positive, as it would reduce input costs for cement companies.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Stocks of most telecommunication companies are likely to recover next week as investors may buy the stocks that have witnessed a weak spell over the past month. Fundamental analysts remain negative on the sector and expect Reliance Jio Infocomm Ltd's aggressive tariff plans to continue to put pressure on margins and revenue of other operators. Bharti Airtel Ltd's consolidated net profit for the March quarter fell 25.9% on quarter to 3.7 bln rupees, while Idea Cellular Ltd's consolidated revenue, including other operating income, fell 6.2% on quarter to 81.26 bln rupees. Expecting intense tariff competition over the next several quarters among operators, Moody's Investors Service on Tuesday cut Bharti Airtel's rating outlook to negative from stable. It affirmed the company's rating at Baa3. Taking cognizance of the pressure on the sector, an inter-ministerial panel has been set up by the government to study the financial health of the sector and recommend steps for resolution. It has met once so far. To ease pressure on companies, the Cellular Operators Association of India has sought from the panel reduction of spectrum usage charge to 1% of adjusted gross revenue, and reduction in licence fee to 3% of adjusted gross revenue from 8%. Analysts believe a goods and services tax rate of 18% is likely to bleed companies further. Rising competition after the entry of Reliance Jio has also led to consolidation. Bharti Airtel has announced two separate acquisitions of Tikona Digital Networks Pvt Ltd and the Indian arm of Norway's Telenor ASA. Vodafone India and Idea Cellular have also announced a merger, which is pending regulatory approvals. Stocks of Reliance Communication could recover.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Stocks of capital goods companies are likely to rise next week, taking cues from Larsen and Toubro and Bharat Heavy Electricals, as both the sector majors are projected to report positive Jan-Mar earnings. L&T should lead the pack in the upcoming week on the back of expected decent Q4 (Jan-Mar) numbers. The engineering behemoth will detail its earnings for the March quarter on Monday, along with Bharat Heavy Electricals. L&T's consolidated net sales are expected to rise nearly 15% on year to 376.47 bln rupees in the reporting quarter, while consolidated net profit is likely to see a growth of 7% at 26.29 bln rupees. State-owned Bharat Heavy Electricals should see an upside to 175 rupees in the next few trading sessions. The company's net profit for Jan-Mar is estimated to grow 53.3% on year to 5.5 bln rupees. Net sales are seen at 110.1 bln rupees, up 10.0% year-on-year. Stocks of CG Power & Industrial Solutions, however, are likely to fall next week after the company's net loss widened to 4.4 bln rupees in Jan-Mar from 929 mln rupees a year ago. Income from operations, too, fell 7.6% on year to 17.1 bln rupees during the quarter. Market participants would also keep an eye on Thermax as it details its fourth quarter earnings on Tuesday

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Pharmaceutical companies will continue to be under pressure next week due to weak earnings for the March quarter and uncertainties in both domestic and the US markets. This week, the Nifty Pharma index slumped nearly 11% as investors sold shares on account of worry over the US Food and Drug Administration's observations, delay in product approvals, and a slowdown in growth prospects for Indian drug companies in the US. In the domestic market, there are uncertainties over the Goods and Services Tax, pricing regulations and the government's emphasis on generic drugs as against branded ones. Sun Pharmaceutical is likely to continue falling next week after it reported, post market hours yesterday, its lowest consolidated net profit in the last seven quarters and worst net sales in five quarters as the company grappled with challenges in its US operations. Stocks of India's largest
pharmaceutical company may fall. This week, the stock has slumped 13.5% on account of the company's weak Jan-Mar earnings and bleak business outlook for the current financial year. Glenmark Pharmaceuticals is also expected to continue its decline next week. The stock has slumped by nearly a third after giving a weak guidance for sales from its generic of anti-cholesterol drug Zetia, on which it as a six-month exclusivity. In a post earnings conference call, the company said its generics business in the US was under severe stress and that revenue may grow in a single digit in 2017-18 (Apr-Mar) due to price erosion in the US, increased competition, and supply channel consolidation.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017
  www.rupeedesk.in )

Stocks of information technology companies are seen trading sideways with a negative bias in the week ahead asinvestors would stay cautious. The Nifty IT index is seen in the range of 10600-10900 points next week. Significantgain in Sensex and Nifty 50 might also reflect on Nifty IT index next week. Strong rupee coupled with persistentworries over US visa norms has been keeping the stocks under pressure. Companies in the sector largely exportsoftware to the US. The rupee, which had appreciated nearly 5% during Jan-Mar, has been volatile over the lastfew weeks.Companies are planning to increase their onsite headcount after coming under pressure due to tightened H-1B
norms by the US, but this would weigh on their margins. Recently Infosys had announced its plan to hire 10,000workers in the US over the next two years. IT Stocks has been bouncing back after ottoming out, but is still underpressure and only stock-specific movement will be seen in the next week.Tech Mahindra, which reported a lower-than-expected result for Jan-Mar yesterday, is seen opening lower on Monday. Tech Mahindra, the last among the Nifty IT constituents to announce its Jan-Mar results, posted a 30.2% on-quarter fall in its consolidated net profit to 5.9 bln rupees. The company's consolidated income from operations stood at 74.95 bln rupees during the quarter, down nearly 1% on quarter.

Source : Cogencis Information Services Ltd.

Indian Market Outlook for the week – 29.05.2017 to 02.06.2017
Auto Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Bank Stocks Outlook for the Outlook – 29.05.2017 to 02.06.2017
Metal Stocks Outlook for the week – 29.05.2017 to 02.06.2017
FMCG Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Cement Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Telecom Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Capital Goods Stocks Outlook for the week – 29.05.2017 to 02.06.2017
Pharma Stocks Outlook for the week – 29.05.2017 to 02.06.2017
IT Stocks Outlook for the week – 29.05.2017 to 02.06.2017

Indian Market Outlook for the week – 22 to 26.05.2017

Indian Market Outlook for the week – 22 to 26.05.2017



Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Indian Market Outlook for the week – 15 to 19.05.2017


  www.rupeedesk.in )

The benchmark indices are likely to trade in a narrow range next week, with global markets and quarterly corporate results likely to lend Direction. Also, investors would study the impact of the goods and services tax and buy stocks in segments for which rates are largely favourable. We feel the stock markets will be steady ahead of the expiry of the May futures and options series on Thursday, and investors won't be building fresh aggressive positions. Next week, the Nifty 50 is seen between its crucial support levels of 9370 and 9500. The initial jump in the S&P BSE Sensex today to a lifetime high was due to a rise in the fast moving consumer goods sector on broadly lower rates in the new tax regime. These stocks closed off the day's highs, an indication that investors would not aggressively buy at higher rates. The S&P BSE Sensex ended up 30.13 points, or 0.1% higher at 30464.92 points today, after having hit a lifetime high of 30712.35 points. The Nifty 50 ended down 1.55 points at 9427.90 points, while the Nifty FMCG hit a lifetime high of 24922.50 points and ended up over 2% at 24352.90 points, following the announcement of the rates under the tax regime. The new tax rates under the goods and services tax for most of the fast moving consumer goods are near their existing indirect tax rates. However, for toothpaste, hair oil and soaps, the tax will come down from the current 23% to 18%. With sector leaders like Hindustan Unilever and ITC moving to lifetime high levels, the brokerage now expects Britannia Industries to move higher. Stocks of cigarette major ITC closed up 3% at 286.20 rupees, while Hindustan Unilever ended up 1.8% at 1,008 rupees, and Britannia Industries closed up 0.8% at 3,582.70 rupees. Next week, investors are likely to focus on shares in the automobile, telecom, information technology, metals, textiles, and hotels segments, following the announcement of the goods and services tax rates. Stocks of healthcare and education may attract some buying as they are exempt from the tax regime. Next week, Adani Ports and Special Economic Zone, Cipla, GAIL India, ITC, Lupin, Sun Pharmaceutical, Tata Motors, Bosch, Indian Oil Corp and Tech Mahindra are likely to be in focus as they are the Nifty 50 companies that will announce their Jan-Mar earnings.

Source : Cogencis Information Services Ltd.

Auto Stocks Outlook for the week – 22 to 26.05.2017

Auto Stocks Outlook for the week – 22 to 26.05.2017



Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Auto Stocks Outlook for the week – 22 to 26.05.2017
  www.rupeedesk.in )

Stocks of most automobile companies are seen trading higher next week. Focus will be on stocks of Maruti Suzuki India Ltd and Tata Motors Ltd. The much waited announcement on Goods and Services Tax rates on automobiles is unlikely to have any impact on shares of automakers, as the final tax was along expected line. Most vehicles were kept at 28% rate under GST, with varying cess, taking the total indirect tax on vehicles to levels similar to the current structure. We don't see any material difference on companies as these prices (GST rate) will be passed on to the consumers and demand will not be hit severely by 2-3% price increase. On Tuesday, Maruti Suzuki had launched new Dzire compact sedan, which is likely to push its sales up. So far, Vitara Brezza compact sports utility vehicle and Baleno hatchback have been the primary driver of the company's Growth. The company's aggressive network expansion strategy has boosted its prospects. The carmaker has planned a capital expenditure of 45 bln rupees for 2017-18 (Apr-Mar), and a large chunk of which would go towards buying new properties to open sales and service outlets. Stocks of Tata Motors are seen extending gains from this week. The company had last week. India Meteorological Department's revised projection of a near normal monsoon rains is also seen helping the company, which has a substantial demand in rural regions. A good monsoon rain is likely to increase rural demand as it would increase disposable income. This is likely to benefit most automobile companies, especially Hero MotoCorp Ltd. A good season for agriculture is also likely to benefit tractor-makers and commercial vehicle manufacturers like Escorts Ltd and Tata Motors Ltd. The leader in the entry-level motorcycle segment, Hero MotoCorp Ltd, is likely to see a sharp rise in demand with the onset of good monsoon as it derives a large share of the demand from rural markets. The company also plans to launch six new models in 2017-18 (Apr-Mar). The automaker plans to invest 25 bln rupees in business development and capacity expansion over a period of two years. The two-wheeler manufacturer also plans to expand its scooter segment to Consolidate its position in the two-wheeler market across rural and urban markets. Bajaj Auto Ltd, which reported Jan-Mar earnings on Thursday, said its margins in the coming quarters are expected to contract due to a rise in prices of raw materials. However, the company remained optimistic about a steady recovery in exports this year.

Source : Cogencis Information Services Ltd.

Bank Stocks Outlook for the week – 22 to 26.05.2017

Bank Stocks Outlook for the week – 22 to 26.05.2017



Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Bank Stocks Outlook for the week – 22 to 26.05.2017
www.rupeedesk.in )

Bank stocks are expected to trade mixed in the coming week, with large-sized state-owned banks such as State Bank of India and Bank of Baroda likely to register gains. Most public sector bank stocks may see some consolidation at the current levels, as the earnings season for Jan-Mar comes to an end, while private sector lenders are expected to witness a correction. Private lenders ICICI Bank and HDFC Bank are expected to continue trading with an upward bias next week after reporting profits, despite an increase in their provisions for Jan-Mar. SBI is expected to continue its gaining streak next week after having reported a net profit of 28.1 bln rupees for Jan-Mar yesterday. During the day, stocks of SBI hit an over two-year high of 315.30 rupees on the National Stock Exchange after the lender reported strong growth in net interest income in Jan-Mar and its bad loans fell during the quarter. Earlier yesterday, YES Bank as its top pick in the mid-sized private banking space because of the bank's healthy capitalization, strong capital allocation, and market-leading growth rates. However, a few PSU banks that are grappling with high capital requirements amidst piling bad loans, are expected to trade weak. Banks such as Indian Overseas Bank, UCO Bank, IDBI Bank may trade with a downward bias subject to balance sheets, NPA numbers. Corporation Bank is set to declare its Jan-Mar results on Saturday while Bank of India will detail its numbers on Monday. Bank of India's earnings in Jan-Mar are likely to improve on a yearly basis, due to loan recoveries and healthy rise in non-interest income.

Source : Cogencis Information Services Ltd.

Oil Stocks Outlook for the week – 22 to 26.05.2017

Oil Stocks Outlook for the week – 22 to 26.05.2017


Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

Oil Stocks Outlook for the week – 22 to 26.05.2017
  www.rupeedesk.in )

Stocks of public sector oil refiners and retailers—Indian Oil Corp Ltd, Bharat Petroleum Corp Ltd, and Hindustan Petroleum Corp Ltd--are seen trading on a mixed note in a run-up to their Jan-Mar earnings over the next fortnight. In terms of fundamentals, however, these companies are on solid ground and have been benefiting from the rise in domestic demand for fuels and robust refining and marketing margins, which lends them a positive outlook for the medium to long term. In the absence of any major sectoral triggers, stocks of oil companies may be affected by their Jan-Mar earnings, crude oil prices, news flow, and sentiment in the broad market. Indian Oil will detail its Jan-Mar earnings on Thursday, while Hindustan Petroleum and Oil and Natural Gas Corp Ltd will do so on Friday. Bharat Petroleum and Oil India Ltd will detail their earnings on May 29. Crude oil futures globally are seen rising next week as optimism over the likely extension of the output cut deal between major producers beyond June continues to strengthen. Earlier in the day, prices of global crude oil breached the $50-a-barrel level to hit a three-week high of $50.07 a bbl. Investors now await the decision by the Organization of the Petroleum Exporting Countries and other producers regarding the extension of the cuts. The producers are scheduled to meet on Thursday in Vienna. Kuwait also joined major producers Saudi Arabia and Russia in supporting an extension of production cuts through the remainder of the year and into 2018. It is widely expected an extension will occur, and energy officials from Saudi Arabia and Russia this week signaled they back a nine-month extension. OPEC and other producers had agreed to cut output by 1.8 mln barrels per day for the six-month period ending June to boost prices. Consequently, stocks of upstream players such as ONGC and Oil India may witness some strength on account of the likely appreciation in oil prices. Any major shift in the dollar-rupee exchange rate can also impact shares of oil companies. If the dollar weakens against the rupee, it could add to the woes of upstream companies. This is because upstream companies price oil and gas in dollars and a weak greenback leads to a decline in actual price realisation in rupee terms. On other hand, refining companies stand to gain from a weaker dollar, as it would reduce their outgo towards purchase of crude oil and gas.

Source : Cogencis Information Services Ltd.

Telecom Stocks Outlook for the week – 22 to 26.05.2017

Telecom Stocks Outlook for the week – 22 to 26.05.2017



Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

 Telecom Stocks Outlook for the week – 22 to 26.05.2017
  www.rupeedesk.in )

Movement in shares of telecommunication companies is likely to remain stock specific next week, with those of Reliance Communications Ltd seen falling. Expect continue to be negative on the sector and expect aggression by Reliance Jio Infocomm Ltd to hit operators in the sector. The Reliance Industries Ltd subsidiary launched operations in September offering free data and voice services till March, and announced competitive tariff April onwards. This has forced incumbent operators such as Bharti Airtel Ltd and Idea Cellular Ltd to announce matching tariff plans to compete, leading to pressure on margins and revenue. Hit by Reliance Jio's free services, Bharti Airtel Ltd's consolidated net profit for the March quarter fell 25.9% on quarter to 3.7 bln rupees. The company's average revenue per user in India fell 8.4% on quarter to 158 rupees in Jan-Mar. Though Idea Cellular Ltd's consolidated net loss narrowed to 3.28 bln rupees in Jan-Mar from 3.84 bln rupees the previous quarter, its consolidated revenue, including other operating income, fell 6.2% on quarter to 81.26 bln rupees. In a recent report, ratings agency ICRA said the ongoing pricing pressure, stress on operating metrics in the sector, and rising debt levels were seen weighing on the financial performance of telecom operators. The Reserve Bank of India has voiced similar concerns and has asked banks to give immediate attention to the telecom sector, and review banks' exposure by Jun 30. With an aim to recommend resolution of stressed assets at the earliest, the government too has formed an inter-ministerial group to study the financial health of the telecom sector. Rising competition in the sector after the entry of Reliance Jio has also led to consolidation. Bharti Airtel has announced two separate acquisitions of Tikona Digital Networks Pvt Ltd and the Indian arm of Norway's Telenor ASA.

Source : Cogencis Information Services Ltd.

I.T Stocks Outlook for the week – 22 to 26.05.2017

I.T Stocks Outlook for the week – 22 to 26.05.2017



Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

I.T Stocks Outlook for the week – 22 to 26.05.2017
  www.rupeedesk.in )

Stocks of information technology companies are seen trading sideways next week as market participants are expected to remain cautious with their investments. Additionally, trade in the broader market is likely to remain in a narrow range in the upcoming week. The Nifty IT index is seen in the range of 10000-10950 points in the near term. Tech Mahindra is scheduled to report its earnings for the March quarter on May 26. It is the last among the Nifty IT index constituents to post its earnings. Stocks in the IT sector had declined over the past few weeks due to rising protectionist views across the globe. While the stocks have bottomed out, large gains are not expected and movement is likely to be stock-specific the following week. Stocks of Infosys and Tata Consultancy Services are seen rising 1% during the week, that these stocks will remain preferred on low valuations. The Indian currency is seen rising next week which would weigh on sentiment in the sector. The sector comprises large software exporters to the US. The rupee, which had appreciated nearly 5% during Jan-Mar, has been volatile over the last few weeks.

Source : Cogencis Information Services Ltd.