Markets end in the red zone with volatile movements, Pharma, Auto shares dragged:
It seems that the markets have taken reversals as after testing the resistance marks, indices have dropped for the consecutive four sessions and closed on lower notes. Nifty after surpassing 100 day SMA in the previous session traded below in today’s session remaining cautious ahead of FOMC meet. Now, it stands ahead of strong support of 8310 on the daily charts closing below which may further, drag it on lower sides while 8420 is still seen as important resistance.
HEADLINES FOR THE DAY:
• Day of lackluster for indices; CNX Infra Index saw selling pressure, tested 52 week low.
• Public sector Oil Marketing Companies (OMC s) traded flat, even after the drop in Crude Oil prices hit four months low; HPCL gained the most.
• Their stocks were trading in a bull trend today on releasing good quarterly nos. And upon expectation both OEM (Original Equipment Manufacturers) and replacement demand to rise in unison.
• Shares of Power Finance Corporation (PFC) witnessed selling pressure after its successful conclusion of Offer For Sale (OFS) yesterday.
KEY STOCKS FOR THE DAY:
• Adani Enterprises plan to raise Rs 6000 Cr through securities issuance for business growth.
• Hermit Corp Ltd settled an agreement with Eric Buell Racing to acquire some assets of the latter for USD 2.8 mn.
• An arm of IRB Infrastructure Developers Ltd tied up with the National Highway Authority of India (NHAI) worth Rs 1400 Cr.
• Prakash Steelage Ltd (PRAKASHSTL) hiked as it entered into a Joint Venture transferring its seamless stainless steel tubes and pipes business to Tubacex Prakash India.
RESULTS BLOG:
• HDFC fails to post the Q1 results as per market expectations, although its profit rose by 1.2% at 1361 Cr while Total Income from operations grew by 9.5%.
• Maruti Suzuki Q1 net profit rose by 56.5% YoY TO Rs 1193 Cr (below forecasts) while Total Income grew by 18% @ Rs 13425 Cr.
• Thermax Ltd. Q1 announced its net profit of Rs 61.6 Cr v/s Rs 41.4 Cr (YoY) and sales also increased by 19.3%.
• Union Bank Of India posted its first quarter net profit at Rs 519 Cr (fall of 21.8% YoY); NII increased by 0.6%; Gross NPA rose to 5.53% from 4.96% while Net NPA stands at 3.08% from 2.71%.
• Punjab National Bank misses the street expectations as its Q1 net profit falls 48.7% YoY but its asset quality improved as Gross NPA reduced to 6.47% v/s 6.54% and net NPA declined to 4.05% from 4.06%.
• Bank Of India dragged down and hits 52 week low as its net profit tanked 84% at Rs 129.7 Cr v/s Rs 805.7 Cr (YoY); NeT NPA stood @ 4.11% vs 3.36% and Gross NPA @ 5.53% vs 5.39% for the same mentioned period above.
• KPR Mill jumped approx 10% as it announced a 28 % hike in consolidated net profit @ Rs 50.49 Cr for Q1 vs Rs 39.40 Cr YoY.
• OCL India gained on Exchange as it reported Rs 49 Cr net profit, which is as increase of 36% as compared to the corresponding quarter in the last fiscal.
• Syndicate Bank dropped down as it reported a loss of 38% in its net profit, which stands at Rs 485 Cr vs Rs 302 car last year in Q1.
• Dish Tv increased its net profit by 55.3% recording Rs 54.2 Cr while Total Income stood at Rs 7629 mn as compared to Rs 6322.60 men last year in the same quarter.
• Just Dial reported a 18 % increase in its net profit to Rs 33.17 Cr from Rs 28.11 Cr in the last fiscal.
CALLS FOR NEXT TRADING SESSION:
• SBIN EQ has been trading on the lower side after it took resistance of the 100 day SMA and selling pressure can be further seen below the level of 258 for targets of 255.50/253/251.50 sl 260.60.
• M&MFIN EQ traded below 100 day SMA since last four consecutive seasons and closed around the lower consolidation of 256. Sell below 256 for targets of 253.50/251/248.50 sl 258.60.
NEWS TO WATCH OUT:
• Watch out for the Quarterly numbers Allahbad Bank, Castrol, Dabur India, Essar Oil, Godrej Consumer, JSW Steel, NHPC, Mphasis, Nestle, UPL, Vedanta., Yes Bank on Wednesday i.e. on 29th July 2015.
Difference Between Future and Stock Trading
In stock trading both options and futures provide the special facilities to set leveraged bets on the fluctuation of the stock market or prices for commodities. The major utilization of leverage lets stock traders multiply by the increase of the price variation of the underlying tool. There is a major difference between options and futures agreement, and these differences intend to focus to the traders because it provides variation in the way of trading so that trader may use their major skills in the trading and help to make proper strategies or tips like as Free Stock Trading Tips and Online Forex Tips.
Value of an Agreement
The real value of a future agreement and an option agreement will be exceptionally different in the process. A futures agreement is for an important amount of the fundamental asset. An option agreement provides the right to trade the underlying asset at a definite cost. The agreed value is evaluated by the variance between the exercise price value and the fundamental asset price. For evaluation, an e-mini S&P 100 futures agreement is charged at 50 times more the S&P 100 stock index.
Agreement Pricing
The prices of a future bond will approximate match the worth of the underlying tools, with some modification for futures with releasing dates additional in the future. We consider an instance; with the gold spot price of $1,740; the current price and future of the subsequent next month's gold would both be within 50 % to the spot price. The price of an option contains time premium as well as the fundamental value of the agreement. In the case of a call option, it will terminate a next month, providing the right to purchase gold at the price of $30. To perform like an expert you need an expert tips like as Nifty Future Tips, Stock Tips and Commodity Tips. So trader always be making sure their own effort
Profit and Loss Feasibility
A main disparity between the two kinds of derivatives is the risk or reward outline. In the case of the option agreement, the risk/reward ratio is one-sided in nature and depending on how the option was purchased or sold. Most of times options buyers have a partial amount of money at risk combined with a big profit possibilities. On the other hand options sellers have partial profit possibilities against big potential losses trough expert Free Option tips.
Variety of Available Stock Agreement
Even though there are futures agreements covering an extended accumulation of trade goods and financial tools, but a few dissimilar agreements will trade alongside a definite underlying benefit. Through options, a big number of deal trade against an asset. Primary are divide puts and calls to support the two sides of price changes. Afterward there will be a series of ending dates. With every termination date will be frequent strike prices. Most of times one accepted and expensive stock has options trading facilities at 150 dissimilar strike prices. Options trade alongside numerous of individual stocks, numerous of exchange delayed funds, stock indexes and still futures agreement.
It seems that the markets have taken reversals as after testing the resistance marks, indices have dropped for the consecutive four sessions and closed on lower notes. Nifty after surpassing 100 day SMA in the previous session traded below in today’s session remaining cautious ahead of FOMC meet. Now, it stands ahead of strong support of 8310 on the daily charts closing below which may further, drag it on lower sides while 8420 is still seen as important resistance.
HEADLINES FOR THE DAY:
• Day of lackluster for indices; CNX Infra Index saw selling pressure, tested 52 week low.
• Public sector Oil Marketing Companies (OMC s) traded flat, even after the drop in Crude Oil prices hit four months low; HPCL gained the most.
• Their stocks were trading in a bull trend today on releasing good quarterly nos. And upon expectation both OEM (Original Equipment Manufacturers) and replacement demand to rise in unison.
• Shares of Power Finance Corporation (PFC) witnessed selling pressure after its successful conclusion of Offer For Sale (OFS) yesterday.
KEY STOCKS FOR THE DAY:
• Adani Enterprises plan to raise Rs 6000 Cr through securities issuance for business growth.
• Hermit Corp Ltd settled an agreement with Eric Buell Racing to acquire some assets of the latter for USD 2.8 mn.
• An arm of IRB Infrastructure Developers Ltd tied up with the National Highway Authority of India (NHAI) worth Rs 1400 Cr.
• Prakash Steelage Ltd (PRAKASHSTL) hiked as it entered into a Joint Venture transferring its seamless stainless steel tubes and pipes business to Tubacex Prakash India.
RESULTS BLOG:
• HDFC fails to post the Q1 results as per market expectations, although its profit rose by 1.2% at 1361 Cr while Total Income from operations grew by 9.5%.
• Maruti Suzuki Q1 net profit rose by 56.5% YoY TO Rs 1193 Cr (below forecasts) while Total Income grew by 18% @ Rs 13425 Cr.
• Thermax Ltd. Q1 announced its net profit of Rs 61.6 Cr v/s Rs 41.4 Cr (YoY) and sales also increased by 19.3%.
• Union Bank Of India posted its first quarter net profit at Rs 519 Cr (fall of 21.8% YoY); NII increased by 0.6%; Gross NPA rose to 5.53% from 4.96% while Net NPA stands at 3.08% from 2.71%.
• Punjab National Bank misses the street expectations as its Q1 net profit falls 48.7% YoY but its asset quality improved as Gross NPA reduced to 6.47% v/s 6.54% and net NPA declined to 4.05% from 4.06%.
• Bank Of India dragged down and hits 52 week low as its net profit tanked 84% at Rs 129.7 Cr v/s Rs 805.7 Cr (YoY); NeT NPA stood @ 4.11% vs 3.36% and Gross NPA @ 5.53% vs 5.39% for the same mentioned period above.
• KPR Mill jumped approx 10% as it announced a 28 % hike in consolidated net profit @ Rs 50.49 Cr for Q1 vs Rs 39.40 Cr YoY.
• OCL India gained on Exchange as it reported Rs 49 Cr net profit, which is as increase of 36% as compared to the corresponding quarter in the last fiscal.
• Syndicate Bank dropped down as it reported a loss of 38% in its net profit, which stands at Rs 485 Cr vs Rs 302 car last year in Q1.
• Dish Tv increased its net profit by 55.3% recording Rs 54.2 Cr while Total Income stood at Rs 7629 mn as compared to Rs 6322.60 men last year in the same quarter.
• Just Dial reported a 18 % increase in its net profit to Rs 33.17 Cr from Rs 28.11 Cr in the last fiscal.
CALLS FOR NEXT TRADING SESSION:
• SBIN EQ has been trading on the lower side after it took resistance of the 100 day SMA and selling pressure can be further seen below the level of 258 for targets of 255.50/253/251.50 sl 260.60.
• M&MFIN EQ traded below 100 day SMA since last four consecutive seasons and closed around the lower consolidation of 256. Sell below 256 for targets of 253.50/251/248.50 sl 258.60.
NEWS TO WATCH OUT:
• Watch out for the Quarterly numbers Allahbad Bank, Castrol, Dabur India, Essar Oil, Godrej Consumer, JSW Steel, NHPC, Mphasis, Nestle, UPL, Vedanta., Yes Bank on Wednesday i.e. on 29th July 2015.
Difference Between Future and Stock Trading
In stock trading both options and futures provide the special facilities to set leveraged bets on the fluctuation of the stock market or prices for commodities. The major utilization of leverage lets stock traders multiply by the increase of the price variation of the underlying tool. There is a major difference between options and futures agreement, and these differences intend to focus to the traders because it provides variation in the way of trading so that trader may use their major skills in the trading and help to make proper strategies or tips like as Free Stock Trading Tips and Online Forex Tips.
Value of an Agreement
The real value of a future agreement and an option agreement will be exceptionally different in the process. A futures agreement is for an important amount of the fundamental asset. An option agreement provides the right to trade the underlying asset at a definite cost. The agreed value is evaluated by the variance between the exercise price value and the fundamental asset price. For evaluation, an e-mini S&P 100 futures agreement is charged at 50 times more the S&P 100 stock index.
Agreement Pricing
The prices of a future bond will approximate match the worth of the underlying tools, with some modification for futures with releasing dates additional in the future. We consider an instance; with the gold spot price of $1,740; the current price and future of the subsequent next month's gold would both be within 50 % to the spot price. The price of an option contains time premium as well as the fundamental value of the agreement. In the case of a call option, it will terminate a next month, providing the right to purchase gold at the price of $30. To perform like an expert you need an expert tips like as Nifty Future Tips, Stock Tips and Commodity Tips. So trader always be making sure their own effort
Profit and Loss Feasibility
A main disparity between the two kinds of derivatives is the risk or reward outline. In the case of the option agreement, the risk/reward ratio is one-sided in nature and depending on how the option was purchased or sold. Most of times options buyers have a partial amount of money at risk combined with a big profit possibilities. On the other hand options sellers have partial profit possibilities against big potential losses trough expert Free Option tips.
Variety of Available Stock Agreement
Even though there are futures agreements covering an extended accumulation of trade goods and financial tools, but a few dissimilar agreements will trade alongside a definite underlying benefit. Through options, a big number of deal trade against an asset. Primary are divide puts and calls to support the two sides of price changes. Afterward there will be a series of ending dates. With every termination date will be frequent strike prices. Most of times one accepted and expensive stock has options trading facilities at 150 dissimilar strike prices. Options trade alongside numerous of individual stocks, numerous of exchange delayed funds, stock indexes and still futures agreement.