27 May 2017 | 8:05 PM
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Equity Research Report: Religare Morning Digest

From hereon, all eyes are on winter session of Parliament, which is starting on Thursday. Besides, derivate expiry of November month contract will further add to the volatility.
26 Nov 2015 | 07:00 AM

    Highlights for Today
 
Market Outlook for the day - From hereon, all eyes are on winter session of Parliament, which is starting on Thursday. Besides, derivate expiry of November month contract will further add to the volatility.
Key Indices – Levels to watch out for the day
INDEX (Spot) RESISTANCE 2 RESISTANCE 1 LTP SUPPORT 1 SUPPORT 2
SENSEX 26100 25950 25775.74 25650 25440
NIFTY 7920 7880 7831.60 7790 7720
BANKNIFTY 17350 17180 16988.65 16800 16650
CNX-IT 11260 11150 11057.35 10950 10800
News -
  • Nippon Life Insurance (NLI) has signed definitive agreements to increase its stake in Reliance Life Insurance (RLIC), a part of Reliance Capital Ltd, from the existing 26% to 49%.
  • Berger Paints India Ltd and the Nippon group of Japan had agreed to strengthen their 49:51 joint venture for manufacture of coatings for plastic substrates — BNB Coating India Pvt Ltd.
  • Vijaya Bank has sought Rs. 5,000 crore from the Centre under the capital infusion plans.
  • Azure Power has commissioned a 5-MW solar power plant at Sarkaritala, Jaisalmer in Rajashtan to electrify the border posts around the region.
 
    Trading/ Investment Ideas
Technical Calls
Company
Name
Recommendation CMP Initiation
Range
Stop
loss
Target Time
Frame
LICHSGFIN BUY 475 470 - 472 459 498 3-5 Days
CANBK SELL DEC FUT 265.55 268 - 270 275 252 3-5 Days
 
Derivatives Call
Company
Name
Recommendation CMP Initiation
Price
Stop
loss
Target Time
Frame
BANKINDIA BUY 125 PE 1.25 1 0.3 3 Expiry
 
Fundamental Picks for delivery ( 9 Months - 1 Year)
Company
Name
Recommendation CMP Initiation
Range
Target
DIVISLAB BUY 1145.05 1189.60 1305
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