Infosys Q4 net profit rises 16.4% y-o-y to Rs 3,597 crore

India's second-largest software firm, Infosys, reported a 16.14 % rise in fourth quarter profits to Rs 3,597 crore, while the company’s revenue grew 23.4% to Rs 16,550 crore.

Infosys, the first large Indian IT services firm to post results, had reported Rs 3,097 crore profit on revenue of Rs 13,411 crore in the January to March quarter last year. 

The Bengaluru-based IT bellwether forecast dollar revenue to grow between 11.5% and 13.5% in constant currency and 11.8% and 13.8% in March 2016 exchange rates for the year ahead.

Read our more services below:

Stock Trading Tips
Stock Market Tips
Equity Trading Tips
Sgx Nifty
Nifty Futures Tips
Nifty Options Tips

CapitalStars Financial Research Financial Advisory Services 

www.capitalstars.com | T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK- 13 Apr 2016

Sensex jumps 400 pts, Nifty eyes 7850; ICICI, M&M soar 4-5%

The Sensex climbing 400 points and the Nifty eyeing 7850 level. All sectoral indices continued to be positive, tracking good monsoon forecast, better-than-expected CPI & IIP data and positive global cues.

The 30-share BSE Sensex rallied 398.43 points or 1.58 percent to 25544.02. The 50-share NSE Nifty rose 121.45 points or 1.58 percent to 7830.40 that recovered 1000 points from February low of 6825. 

The broader markets also participated in rally with the BSE Midcap and Smallcap indices rising more than 1 percent. About four shares advanced for every share declining on Bombay Stock Exchange.

ICICI Bank and Mahindra & Mahindra were top contributors to Sensex's rally, up 4-5 percent followed by HDFC, ITC, HDFC Bank, Tata Motors, L&T, SBI, Wipro, Bharti and Maruti Suzuki with 1-3.6 percent.

Read our more services below:

Stock Trading Tips
Stock Market Tips
Equity Trading Tips
Sgx Nifty
Nifty Futures Tips
Nifty Options Tips

CapitalStars Financial Research Financial Advisory Services 

www.capitalstars.com | T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-12 APRIL 2016

INDIAN BENCHMARKS Flat opening seen for Indian markets.

Indian markets are likely to open little changed on Tuesday as traders stick to a cautious approach ahead of the March retail inflation and February IIP data due today. SGX Nifty is trading 5.00 points lower. Indian shares gained in line with global markets on Monday, though caution crept in, as market awaits March-quarter earnings for companies, beginning with Infosys. The S&P BSE Sensex rose 1.41% and CNX Nifty gained 1.54%.

Global Markets:

• Asian stocks rose on Tuesday, led by a rebound in Japanese stocks, while commodities such as crude oil stood tall thanks to a sagging dollar.

• US stocks slipped at the start of a first-quarter earnings season that is expected to paint a bleak picture of corporate profits.

• European shares rose on Monday, reversing earlier losses thanks in part to gains in Italian banks and mining stocks.

Major Headlines of the day:

Tata Steel sells UK long-product plant.

Tax liability cloud over Cairn-Vedanta merger.

AC major Blue Star to set up 2 units at Rs215 crore investment.

Trend in FII flows:   The FIIs were net  sellers of  Rs -107.23 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 303.88 Cr, as per the provisional figures released by the NSE

Read our more services below:

Stock Trading Tips

Stock Market Tips

Equity Trading Tips

Sgx Nifty

Nifty Futures Tips

Nifty Options Tips

CapitalStars Financial Research Financial Advisory Services 

www.capitalstars.com | T:+91-731-6790000,6669900

This Navratri Get Exciting Offer

This Navratri Get Exciting Offer On Our All Services Of Equity, Commodity, Forex, Cash, Premium, Nifty, F&O etc

Get Quick Trial- http://capitalstars.com/free-trial Register Your Contact Number in the Form Now..

Offer Date: 11 April To 17 April 2016

For more details call on: 0731-6669900

INDIAN EQUITY MARKET OUTLOOK-08 APRIL 2016

INDIAN BENCHMARKS may see a lower opening; RBI Policy eyed 

Indian equity benchmarks are likely to witness a mild gap up opening today as the sharp losses in the previous session. SGX Nifty is trading 1.50 points higher. However, caution ahead of the Q4 earnings numbers due in the coming sessions may continue to weigh on local bourses and restrict gains in the markets. Indian shares fell to a three-week low on Thursday as investors took gains off the table, continuing to book profits in recent outperformers as the upcoming quarterly reporting season is expected to be weak. The S&P BSE Sensex and CNX Nifty ended 0.86%-0.89% lower each.

Global Markets:

a. Asian shares extended losses to three-week lows on Friday after bank shares slumped globally, while the yen soared to a 17-month high against the dollar as investors unwound bets against the yen, calculating that any effort by Japan to drive down the yen would be vigorously opposed by other major economies.

b. U.S. stocks tumbled Thursday amid what has been a choppy start to April after a strong run-up since the market low back in mid-February.

c. European equities ended lower on Thursday, with financial shares losing ground and stocks like Skanska and Daimler slumping after trading without the attraction of their latest dividend payouts..

Major Headlines of the day:

SBI, ICICI Bank cut home loan rates.

RCom to migrate CDMA users to Jio's 4G network.

ITC renews 40-year partnership with Starwood Hotels

Trend in FII flows:   The FIIs were net  sellers of  Rs -294.72 Cr in the cash segment on Wednesday while the DIIs were net buyers of  Rs 16.06 Cr, as per the provisional figures released by the NSE.

Read our more services below:

Stock Trading Tips
Stock Market Tips
Equity Trading Tips
Sgx Nifty
Nifty Futures Tips
Nifty Options Tips

CapitalStars Financial Research Financial Advisory Services 

www.capitalstars.com | T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-07 APRIL 2016

INDIAN BENCHMARKS may see a lower opening; RBI Policy eyed 

Indian equity benchmarks are likely to open on a soft note on Thursday as traders stick to a cautious approach ahead of the March quarter earnings numbers in the coming sessions. SGX Nifty is trading 11.50 points lower. Indian shares ended slightly higher on Wednesday, rebounding from their worst fall in nearly two months in the previous session, but broader sentiment remained cautious as companies gear up to report their quarterly earnings. The S&P BSE Sensex and CNX Nifty ended 0.07%-0. 15% higher each

Global Markets:

a. Asian share markets edged ahead on Thursday after a sharp rise in oil prices whetted risk appetites and boosted Wall Street, with even Japanese stocks regaining a little ground despite a rising yen.

b. US stocks closed with solid gains Wednesday, boosted by soaring oil prices, while minutes from the Federal Reserve’s latest policy meeting signaled reluctance to raise rates as early as this month.

c. European shares rose on Wednesday after steep declines in the previous session, with the retail sector boosted by a smaller-than-expected fall in profits at Hennes & Mauritz.

Major Headlines of the day:

Tata Motors to resize diesel engines to skirt New Delhi ban.

PNB Housing raises Rs500 cr from IFC to finance Green Projects.

GVK fails to pay $560 million for mines in Australia.

Tata Steel to launch UK sale process by Monday - UK minister

Trend in FII flows:   The FIIs were net  sellers of  Rs -493.56 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs 258.68 Cr, as per the provisional figures released by the NSE.

Read our more services below:

Stock Trading Tips
Stock Market Tips
Equity Trading Tips
Sgx Nifty
Nifty Futures Tips
Nifty Options Tips

CapitalStars Financial Research Financial Advisory Services 

www.capitalstars.com | T:+91-731-6790000,6669900

INDIAN EQUITY MARKET OUTLOOK-05 APRIL 2016

INDIAN BENCHMARKS may see a lower opening; RBI Policy eyed 

Indian shares poised to open loweras traders resort to a cautious approach ahead of the much anticipated Reserve Bank of India (RBI) monetary policy review while a bearish trend across markets in Asia amid falling oil prices may also sour risk taking appetite. SGX Nifty is trading 61 points lower. Rate sensitive sectors including auto and banking will be in focus today. Indian shares rose on Monday, tracking gains in Asian equities following an upbeat US jobs report, but caution prevailed a day before the Reserve Bank of India's policy meeting at which it is expected to cut interest rates by at least 25 basis points. The S&P BSE Sensex and CNX Nifty ended 0.51%-0.59% higher each. On Monday (April 05, 2016), the BSE SENSEX closed at 25399.65, up by 130.01 points, or by 0.51%, and the NSE Nifty ended at 7758.80, gained by 45.75 points, or by 45.75%.

Global Markets:

• Asian shares and other riskier assets skidded on Tuesday, pressured by slumping crude oil prices and mixed messages from Federal Reserve policymakers on the outlook for U.S. interest rate rises.

• US stocks slumped on Monday as losses for industrials and materials offset sharp gains in health-care shares.

• European shares bounced back from one-month lows on Monday, led higher by gains in defensive stocks, but telecoms fell after talks between Orange and Bouygues on creating a dominant French operator collapsed.

Major Headlines of the day:

Cox & Kings sells majority stake in UK portals.

Adani mulls takeover of SunEdison's India assets.

ICICI Bank tweaks corporate lending norms to trim NPAs.

Trend in FII flows:   The FIIs were net  sellers of  Rs -236.82 Cr in the cash segment on Monday while the DIIs were net buyers of  Rs -333.74 Cr, as per the provisional figures released by the NSE.

Read our more services below:

Stock Trading Tips

Stock Market Tips

Equity Trading Tips

Sgx Nifty

Nifty Futures Tips

Nifty Options Tips

CapitalStars Financial Research Financial Advisory Services 

www.capitalstars.com | T:+91-731-6790000,6669900