Morning Bell: May 29, 2013

Key Indian indices are set to open on a soft note today tracking volatile cues from other Asian markets. Back home, caution ahead of Q4 GDP data due on 31st May 2013 & derivative contract expiry may infuse volatility in the market.


Key Events For The Day:

Quarterly Results: ONGC, Tata Motors, NMDC, Cipla.

India M3 Money Supply.

Canada BoC Interest Rate Decision.


Derivative Strategy For The Day:

Buy NIFTY (CMP: 6109) with a Target of 6170 & a Stoploss of 6080.

Buy ONGC (CMP: 334) with a Target of 340 & a Stoploss of 331.

Sell CIPLA (CMP: 397) with a Target of 391 & a Stoploss of 400.

Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit-DailyMorningOutlook_Mailer_29_May_2013.pdf

Please follow us on https://twitter.com/AlankitGroup1

Read more ...

Morning Bell: May 28, 2013

Key Indian indices are set to open on a flat note today tracking volatile trading from other asian markets. Back home, the slightly higher than expected results from Coal India may bring optimism while the cautious sentiment due to Q4 GDP data to be released on 31st May 2013 & derivatives contract expiry due on thursday may keep the markets rangebound today.


Key Events For The Day:

Quarterly Results: Gail India, Colgate Palmolive, DLF Infra.

US Consumer Confidence.


Derivative Strategy For The Day:

Buy NIFTY (CMP: 6083) with a Target of 6145 & a Stoploss of 6050.

Buy BATAINDIA (CMP: 829) with a Target of 841 & a Stoploss of 823.

Sell BIOCON (CMP: 274) with a Target of 268 & a Stoploss of 277.

Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit-DailyMorningOutlook_Mailer_28_May_2013.pdf

Please follow us on http://bit.ly/135pRGP

Read more ...

Morning Bell: May 27, 2013

Key Indian indices are likely to open on a subdued note today following mixed cues from other Asian markets. Back home, the derivatives contract expiry due on Thursday is likely to keep the markets choppy.


Key Events For The Day:

Quarterly Results: Bhushan Steel, Jindal Saw, Jindal Stainless.

US Memorial Day.

UK Spring Bank Holiday.


Derivative Strategy For The Day:

Sell NIFTY (CMP: 5985) with a Target of 5925 with a Stoploss of 6015.

Sell CIPLA (CMP: 409) with a Target of 403 & a Stoploss of 412.

Buy LT (CMP: 1457) with a Target of 1471 & a Stoploss of 1450.

Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit-DailyMorningOutlook_Mailer_27_May_2013.pdf

Follow us on http://bit.ly/135pRGP

Read more ...

Qualified Depository Participant

Qualified Depository Participant (QDP) is a SEBI registered Depository Participant authorized to facilitate the investments by Qualified Foreign Investors (QFIs) & Non Resident Indians (NRIs). Now any Qualified Foreign Investors (QFI) & Non Resident Indian can easily invest in Indian Stock Market by opening a Demat account with a Qualified Depository Participant (QDP).

Benefits of availing services of QDP:

- Only one Demat account with any one of the Qualified DPs
- Multiple trading accounts with one or more SEBI registered stock brokers
- Transactions through one designated overseas bank account, repatriation/ remittances to be transferred to the same account
- The sale proceed of equity shares to be repatriated within five working days of credit of funds to the single rupee bank account of the QDP
- Clear segregation of funds in the rupee pool account with appropriate records including audit trails on an ongoing basis.
Services we provide as a Qualified Depository Participant (QDP):

We provide the following services in India as a SEBI registered Qualified Depository Participant (QDP) in zero friction manner at most competitive prices. We have been granted QDP Registration by both the Depositories e.g. NSDL & CDSL.

- Opening the Investor Accounts under a self regulated mechanism.
- Administration of the transactions
- Open Centralized Financial Services Account
- For centralized services to investors, due diligence on the QFI obtaining PAN card and KYC conclusion
- Complete Account Servicing using their Automated Order Management System
- Open the QFI's share trading account with their designated broker
- Offer ERP based Custodian Clearing & Settlement
- QFI & Private Banker reporting through their direct log-in facility
- Local compliance including holding of tax deduction and payments
- Remittance of funds back to the investors in their designated convertible currency under the QFI instructions

To know more about us, visit https://www.alankit.com/index.html

Follow us on http://bit.ly/135pRGP

Read more ...

Daily Commodity Outlook: May 24, 2013

The domestic commodity indices ended Thursday’s session on a mixed note. Fall in the Chinese manufacturing index dimmed the demand for industrial commodities as the world’s
second largest economy showed further signs of slowdown.

Out of the four indices at the MCX, two closed lower while two ended in the positive terrain. MCXCOMDEX closed at 3,565.36 down by 0.18%, while MCXMETAL closed at 4,448.04 up by 0.36%, MCXENERGY closed at 3,679.80 down by 1.11% and MCXAGRI ended at 2,284.17 up by 0.78%.


Key Commodities @ MCX:

Crude Oil futures tumbled by more than 1.45% in the domestic market on Thursday as weak manufacturing data from the US and China signaled a deepening economic slowdown in the world’s two biggest crude oil consuming nations, dimming the demand outlook for the fuel.
At the MCX, the June 2013 futures contract for Crude Oil closed at 5215 falling 1.55% whiule the July 2013 contract closed at 5242 falling 1.50%.

Gold futures rebounded in the domestic market on Thursday, rising by more than 1.80% as investors and speculators created fresh positions in the precious metal tracking a rally in the overseas markets as a slump in Chinese manufacturing this month raised concerns over the global economic recovery, dimming the appeal of risky assets including equities, bolstering the demand for the precious metal as a safe haven asset.
At the MCX, the June 2013 futures contract for Gold closed at 26440 gaining 1.54% while the August 2013 contract closed at 26644 gaining 1.85%.


Market Trend For The Day:

Upside Trend: Gold, Silver, Natural Gas.

Downside Trend: Crude Oil, Copper, Nickel, Lead, Zinc.


Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit_Commodity_Daily_Morning_Outlook_Mailer_24_05_13.pdf

Read more ...

Morning Bell: May 24, 2013

Key Indian indices are likely to open on a high note today following positive cues from toehr Asian markets. Back home, in absebce of any significant local data, the markets will take cues from Q4FY14 earnings report of corporates due to release today.


Key Events For The Day:

Quarterly Results: Britannia Industries, Crompton Greaves.

US Durable Goods Order.

Japan's MNI Business Sentiment Indicator.


Derivative Strategy For The Day:

Buy NIFTY (CMP: 5966) with a Target of 6025 & a Stoploss of 5936.

Buy HDFC (CMP: 904) with a Target of 914 & a Stoploss of 899.

Sell RELIANCE (CMP: 786) with a Target of 776 & a Stoploss of 791.


Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit-DailyMorningOutlook_Mailer_24_May_2013.pdf

Read more ...

Daily Commodity Outlook

The domestic commodity indices ended on a mildly positive note on Tuesday on hopes that improvement in the world’s biggest economy may boost the demand for top industrial commodities in the near future as a top US official said that the Federal Reserve should continue with its bond buying program in the near-term. 

At the Multi Commodity Exchange (MCX), all the indices closed higher on Tuesday. MCXCOMDEX closed at 3,577.09 (up by 0.16 per cent), MCXMETAL closed at 4,410.59 (up by 0.05 per cent), MCXENERGY closed at 3,750.62 (up by 0.24 cent) and MCXAGRI ended at 2,278.45 (up by 0.32 per cent).


Key Commodities @ MCX:

Crude Oil futures posted marginal losses in the domestic market on Tuesday after a report said that US crude oil stockpiles rose last week, signaling weakening demand for the fuel in the world’s biggest crude oil consuming nation.
At the MCX, the Crude Oil futures for May 2013 closed at 5347 gaining 0.06% while the June 2013 contract closed at 5373 gaining 0.04%.

Gold futures posted slim gains in the domestic market on Tuesday as investors eyed the US Federal Reserve Chairman Ben Bernanke’s testimony on the US economy to the Congress and the minutes from the latest FOMC meet on Wednesday which were likely to provide further cues over the next course of policy action from the Fed.
At the MCX, the Gold futures for June 2013 closed at 26110 gaining 0.08% while the August 2013 contract closed at 26243 gaining 0.15%.


Market Trend For The Day:

Upside Trend: Crude Oil, Copper, Natural Gas, Nickel, Lead, Zinc.

Downside Trend: Gold.

Sideways Trend: Silver.

Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit_Commodity_Daily_Morning_Outlook_Mailer_22_05_13.pdf

Read more ...

Grow With Us

Invest in markets – Now

Corporate earnings have bottomed out and with the Reserve Bank of India cutting interest rates to boost growth; the market is invariably propelled northwards. The market lull is the best time entry time for maximizing the exposure in the market.

Investors have to be patient and have a long crack at the stock market – say 5-7 years. It’s the inflection point that the Indian economy has touched. This is a point when the corporate earnings and the GDP have touched the lowest. Economic momentum is something we look forward to.

India has seen the worst of the macro-economic factors and things can only get better. As there have been literally no returns over a five year period (BSE30 - 21000 in Jan, 2008), corrections are awaiting equities.

Predicting the market is the most unpredictable thing to do, and with major events such as the general elections in a year’s time, being safe and away from the daily volatility is heaven. However, its important to benefit from such an environment. The answer comes with the letters, SIP. Corrections and events in mind, its best to take systematic investment plans (SIP) route for equity investments. The interest rates expected to fall resulting a boost in the equity market. The competition – real estate, gold and FDs are fading. These have been the safe house for investors but the roof is falling off. Gold prices falling by 20% from its peak and with the FD rates declining, every indicator points to the lucrative equity market.

Be here for more...
Follow Us on Twitter @ https://twitter.com/AlankitGroup1

Read more ...

Morning Bell - 20/05/2013

Key Indian indices are likely to open on an upbeat note today following firm cues from other Asian markets. Back home, inflows of foreign funds into domestic markets & next batch of corporate earnings are likely to dictate trends for the markets.


Key Events For The Day:

Quarterly Results: Hotel Leela, Voltas, Coal India.

Japan's Leading Economic Index.

Japan's Machine Tools Orders.


Derivative Strategy For The Day:

Buy NIFTY (CMP: 6196) with a Target of 6260 & Stoploss of 6165.

Buy PNB (CMP: 837) with a Target of 847 & Stoploss of 832.

Sell SUNTV (CMP: 430) with a Target of 424 & Stoploss of 433.

Click on the following link to view the full report:
http://alankit.com/financialservices/pdf1.asp?file=ResearchReports%2FAlankit-DailyMorningOutlook_Mailer_20_May_2013.pdf

Read more ...

Know Us

Alankit Group is a conglomerate of 8 Group companies with diversified activities into Financial Services, Wealth Management, e-Governance, Health Care and Insurance. Alankit Assignments Ltd., the flagship company was incorporated in 1991 by a talented Visionary Entrepreneur, Mr. Alok Kumar Agarwal and made unhindered steady progress since then. The Group has its headquarter in Delhi with 20 Regional Offices in Mumbai, Kolkata, Chennai, Ahmadabad, Bengaluru, Hyderabad, Jaipur, Lucknow, Chandigarh, Indore, Bareilly, Kochi, Amritsar, Ludhiana, Patna, Bhubaneswar, Guwahati, Pune, Ranchi and Visakhapatnam. The Group has also expanded its wings in the global arena with its 3 overseas offices at London, Singapore and Dubai. With a consistent expansion of Alankit’s business, the Group has evolved from a largely Financial & Share Broking Company into a diversified Business House. Alankit is a professionally managed Group, led by a team of level headed personnel with outstanding managerial acumen. We are determined to provide the best and state-of-the-art investment products & services to our esteemed clients, appreciating their increasing needs & demands. With a customer base of over 17 Million, our services ranges from offline and online trading in Equity, Future & Option segments, Commodities, Currency Derivatives, Debt Market, Interest Rate Futures, Institutional Broking, Portfolio Management, Tax Information Network, PAN Facilitation Center, Central Record Keeping Agency – Facilitation Center (CRA-FC), UID Enrolment Agency, 3rd party financial products like Mutual Funds, IPO's, Equity Broking , Bonds, Fixed Deposit, Point of Presence (POP) for New Pension System (NPS) and Aggregator for Swavalamban Pension Scheme. Its Group Companies also deal in Pharmaceutical Retail, Electronic Health Record (recordxpert), Third Party Administrator (TPA), and Insurance Broking for Life & Non-Life insurance along with issuance of online Policies.

Read more ...