SENSEX GAINS 16% IN FY 17

Investors richer by Rs 26 trn

Benchmark Sensex slipped 27 points today to end at 29,620.50 on the last trading day of 2016-17, but scored a gain of over 16 per cent for the full fiscal during which investors' wealth grew by over Rs 26 lakh crore. The broader 50-share index Nifty, which today ended flat at 9,173.75 points, scored even better for the full year with a surge of 18.55 per cent. Measured in terms of total market capitalisation of all listed stocks on the BSE, the overall investor wealth grew to a record high of Rs 121 lakh crore -- up from Rs 94.75 lakh crore at the end of fiscal 2015-16. The Sensex has gained 4,278.64 points, or 16.88 per cent, for the entire fiscal 2016-17. The gauge had touched the year's high of 29,824.62 (intra-day) on March 17 this year. The broader Nifty ended the fiscal with gains of 1,435.55 points, or 18.55 per cent, after scaling the year's high of 9,218.40 (intra-session) on March 17. The index had lost about 9 per cent in the previous fiscal, but had ended 2014-15 with gains of 26.65 per cent. For the day, the BSE Sensex snapped its three-session winning streak to end lower by 26.92 points, or 0.09 per cent at 29,620.50. It hovered between 29,687.64 and 29,552.61 during the day. The gauge had rallied 410.27 points in the past three sessions. The broader market sentiment remained strong, with the mid-cap and small-cap indices outperforming the Sensex by rising 0.79 per cent and 0.72 per cent, respectively. The NSE Nifty ended the day flat at 9,173.75 after shuttling between 9,191.70 and 9,152.10 On a weekly basis, the Sensex rose 199.10 points, or 0.67 per cent, while the Nifty gained 65.75 points, or 0.72 per cent. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 67.97 crore yesterday, as per provisional data. "Sectoral performance on the NSE was mixed. While banking and FMCG stocks traded lower, metals and media stocks invited buying interest. "US stocks closed higher yesterday after it was announced that the US economy, as measured by gross domestic product, expanded at a 2.1 per cent annualised pace in the fourth quarter, slightly faster than the previously reported 1.9 per cent," said Karthikraj Lakshmanan, Senior Fund Manager – Equities, BNP Paribas Mutual Fund. RIL was the day's best performer in the Sensex pack, rallying 3.93 per cent to Rs 1,319.20, its highest in nine years, with the company's telecom unit Jio set to charge for its services from April 1. ICICI Bank, Axis Bank, HDFC Bank, HDFC Ltd, Cipla, ITC, Asian Paint, TCS, GAIL, HUL, Lupin, Bharti Airtel, Infosys, Bajaj Auto, Tata Motors and Hero MotoCorp were under pressure largely on profit booking after recent gains. In contrast, NTPC, Maruti Suzuki, L&T, M&M, Coal India, SBI, Tata Steel, Power Grid, Dr Reddy's, Adani Ports and ONGC notched good gains. Sector-wise, energy rose 2.52 per cent, oil and gas 1.65 per cent, metal 1.13 per cent, consumer durables 1.05 per cent and capital goods 0.98 per cent. However, telecom fell 0.92 per cent, followed by bankex (0.73 per cent), finance (0.52 per cent) and realty (0.53 per cent). The market breadth remained positive as 1,625 stocks ended higher, 1,118 declined, while 230 ruled unchanged. The total turnover rose to Rs 4,953.97 crore from Rs 4,606.56 crore yesterday. Overseas, Asian markets closed lower as the quarter drew to a close, with investors ignoring better-than-expected US economic growth data. Hong Kong ended 0.65 per cent down, Japan's Nikkei shed 0.81 per cent, while China's Shanghai Composite Index gained 0.36 per cent. European stocks were down in their initial deals. Paris's CAC declined by 0.25 per cent, Frankfurt's DAX fell 0.11 per cent and London's FTSE shed 0.36 per cent. 

Investors' wealth surges Rs 27 lakh cr

Investors' wealth soared Rs 26.79 lakh crore during 2016-17 fiscal helped by robust foreign fund inflow and impressive stock market sentiment where the benchmark Sensex surged nearly 17 per cent. The Sensex ended 2016-17 fiscal with a gain of 16.88 per cent or 4,278.64 points to 29,620.50, making investors richer by Rs 26.79 lakh crore. The surge in investors' wealth was in contrast with fall of nearly Rs 7 lakh crore during the 2015-16 fiscal. During 2016-17 fiscal, the 30-share index touched a 52-week high of 29,824.62 on March 17 this year and a one-year low of 24,523.20 on April 11. Led by the strong show in the market, the total market capitalisation of BSE-listed companies rose by Rs 26.79 lakh crore to Rs 1,21,54,525 crore, its all-time high. Market valuation of BSE firms stood at Rs 94.75 lakh crore in 2015-16 fiscal. The benchmark index today ended the last day of the current fiscal on a flat note at 29,620.50, down 26.92 points. A large number of successful IPOs also ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rise. Overseas investors pumped in over Rs 55,000 crore in equity during the curent fiscal.

 

NIFTY ENDS @ RECORD HIGH

Benchmark Nifty closed at an all-time high of 9,173.75 while the Sensex rose for the third straight session today on optimism surrounding the GST amid expiry of derivatives contracts. The Lok Sabha yesterday cleared four GST legislations to pave the way for the rollout of the new indirect tax regime from July 1, boosting market sentiment. Sustained foreign capital inflows and covering up of short positions on the last trading session of March series derivatives contracts supported the momentum, traders said. The 50-share NSE Nifty edged higher by 29.95 points, or 0.33 per cent to a record closing of 9,173.75 after hovering between 9,183.15 and 9,136.35. This is Nifty's highest closing since March 17, when it had ended at 9,160.05. The 30-share Sensex, after touching the day's high of 29,684.54, succumbed to profit-booking and hit a low of 29,521.65 before settling 115.99 points, or 0.39 per cent higher at 29,647.42. The gauge had gained 294.28 points in the previous two sessions. "Market sentiment got a boost after the Lok Sabha yesterday passed four bills relating to the implementation of the Goods and Services Tax (GST)...," said Karthikraj Lakshmanan, Senior Fund Manager – Equities, BNP Paribas Mutual Fund. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 460.98 crore yesterday, as per provisional data released by the stock exchanges. Logistics stocks saw increased buying after the GST legislations were cleared by the Lok Sabha. Shares of Arshiya Ltd, Allcargo Logistics, Transport Corp of India, Blue Dart Express, Snowman and Container Corp of India ended higher by up to 4.98 per cent. Adani Ports was the top performer in the Sensex pack, surging 5.77 per cent to Rs 338.85, followed by HDFC Bank (2.51 per cent to Rs 1,463.75). Other gainers included Bharti Airtel, GAIL, RIL, Wipro, Cipla, SBI, HUL and L&T, gaining up to 1.67 per cent. Auto stocks, including M&M, Hero MotoCorp, Maruti Suzuki and Ashok Leyland, recovered on value buying, a day after recording steep losses following the Supreme Court's decision banning sale and registration of BS-III vehicles from April 1. The broader markets too were in a better shape as investors widened their bets, lifting the BSE small-cap index by 0.95 per cent and mid-cap index by 0.39 per cent. Sector-wise, realty gained the most by rising 2.17 per cent, followed by consumer durables (1.38 per cent), bank (0.82 per cent), capital goods (0.55 per cent) and power (0.37 per cent). Market breadth turned positive as 1,739 stocks ended higher, 984 declined, while 232 ruled unchanged. The total turnover fell to Rs 4,606.56 crore from Rs 14,854.52 crore yesterday. Globally, other Asian markets saw a lower trend, with Japan's Nikkei falling 0.80 per cent, Hong Kong's Hang Seng losing 0.37 per cent and Shanghai Composite Index shedding 0.96 per cent. European stocks were slightly better in their early trade with London's FTSE rising 0.12 per cent, Paris CAC up 0.10 per cent and Frankfurt gaining 0.11 per cent.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 31, March 2017

Forenoon Session Better

Tithi ::Chaitra Sukla Chathurdhi

Nakshatra: Krittika

Persons   born in  Aardra, Swathi and Sathabhisham constellations  and those born in Gemini and Libra are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 12.30 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open  Better and remain Better till about 1.30PM and could remain subdued thereafter till about close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above ATP/ Open level by about 9.30 AM , Long  Positions can be taken with suitable   SL, and such positions can be closed by about 1.15 PM. If Nifty fut trades below  ATP by 1.30 PM , Short  positions can     be taken with suitable SL , and such positions can be closed by end of the day.

Technical Levels...

Resistance : 9210, 9245 Support : 9135, 9100

----------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

ASTRO TECHNICAL GUIDE FOR NIFTY

for 30, March 2017

Closing Session Better

Tithi ::Chaitra Sukla Thadiya  

Nakshatra: Bharani (from 9.22AM).

Persons   born in  Mrigasira, Chitta and Dhanishta constellations  and those born in Taurus and Virgo are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 9.22AM; 1.15 PM; 2.50 PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and remain Better till about 11.10AM and remain subdued from 11.10 to 1.15 PM and recover from 1.30 PM till close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below   ATP by 11.15 AM, Short    Positions can be taken with suitable   SL, and such positions can be closed by about 1.15 PM. If Nifty fut trades above ATP by 1.30 PM , Long positions can     be taken with suitable SL , and such positions can be closed by end of the day.

Technical Levels...

Resistance : 9185, 9220 Support  : 9105, 9070 

-------------------------------- 

esistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

ASTRO TECHNICAL GUIDE FOR NIFTY

for 29, March 2017

 

Mid Session Better

Tithi ::Chaitra Sukla Vidiya

Nakshatra: Revathi (11.37 AM) & Aswini.

Persons born in  Krittika, Uttara and Uttarashadha & Rohini , Hastha, Sravanam constellations  and those born in Taurus and Virgo are advised to be alert in their dealings. 

Sensitive / Trend change Timings : 11.40AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Subdued and remain Better from 10.25 AM to 2.45PM and could remain subdued towards close.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  ATP by 10.30 AM, Long Positions can be taken with suitable   SL, and such positions can be closed by about 2.30 PM;

Technical Levels...

Resistance : 9140, 9175 Support : 9060, 9025

------------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

NEGATIVE SUPPLY IN INDIAN RETAL SPACE

Limited supply coupled with closure of certain malls resulted in a negative supply in retail space for the first time ever in 2016, a recent survey said. According to property consultant Jones Lang LaSalle (JLL), closure and change in usage of failed malls, limited new supply led to net negative supply of 3 lakh sqft in 2016. "For the first time in India's mall history, a net negative supply of retail space was observed in 2016 due to closure of some failed malls coupled with limited new supply," the report said. "While five malls shut down last year, 10 others changed their usage to offices, educational institutes, shopping clusters, hospitals and banquet halls," it added. This resulted in 3.5 million sqft of retail space, across 15 malls across India, getting withdrawn from the operational stock. These malls were operational in Chennai, Delhi-NCR, Mumbai and Pune. According to the report, it is not the first time that a withdrawal of mall space was done but the quantum this time around was far higher than all previous withdrawals between Q1 2010 and Q4 2015 put together. "This is in large part due to the long continuing bipolar dichotomy in the Indian retail sector starting to reach its end. Therefore, a few more malls are expected to meet a similar fate in the next few years," it said. In 2016, the total net absorption of retail space in India was 2.7 million sqft with Delhi-NCR recording an absorption of 1 million sqft followed by Mumbai at 6 lakh sqft and Bengaluru at 4 lakh sqft. While 13 malls got completed in 2016, 15 malls were withdrawn from the operational stock, resulting in a net effect of 3 lakh sqft reflecting on the supply side. "Despite these withdrawals, the Indian retail story still remains intact. In the past few quarters, a new interest of private equity investors towards the retail real estate is witnessed. Moreover, 2017 appears to be a strong year, with over 9.1 million sqft of supply expected to come in. "Completions expected to be ready by end of this year have highly-skewed pre-commitment levels," said the report.

Falling sales to affect refinancing of realty sector

Falling sales have dimmed the hopes of cash-strapped real estate developers for refinancing their debt obligations in FY18, says India Ratings and Research.
The sector has mainly relied on refinancing to meet debt servicing obligations given the negative cash flows, and is unlikely to witness a revival in sales in FY18 and refinancing will increasingly become difficult, it said.
"Such refinancing has provided a cushion for developers to hold prices despite slowing sales, and the high prices will further delay recovery in sales and cash flows," the rating agency said in a statement issued here.
Realty players have been less reliant on bank credit, and the growth in banking credit to the commercial real estate sector slowed down in FY17, with a growth of mere 0.4 per cent since the start of the FY17 till January 20, it said.
Also, a significant interest had been observed from non-banking finance companies and private equity investors for refinancing debt in the last three years.
"Finances of real estate developers continue to remain stretched due to elevated inventory and debt. It is estimated that debt levels will further rise given the negative operating cash flows," the agency said.
It noted that the Indian realty market is currently grappling with a double whammy: cash shortage caused by the impact of demonetisation and the imminent introduction of the Real Estate Regulator (RERA).
"This, along with the increasing refinancing risk, would shake up the sector, with developers with high leverage losing out. The sector also needs to undergo a structural change in the way it does business and move towards a model where projects are completed before sale. Such a structure would favour real estate companies having better access to funding," it said.

The agency further pointed out that larger players with access to multiple funding sources, such as NBFCs, PE funds and FDI in addition to banks, are likely to have an advantage.
"This could lead to consolidation, which may be in the form of land sales or joint development of land with larger organised and well-funded developers. This will usher in a new phase for the sector which is overcrowded with plenty of players with weak financials," it said.
"We are likely to witness a series of joint developments and joint ventures between landowners and financially weak small developers with bigger, better-funded, better-organised players or weaker developers getting taken over by well-funded larger players, and struggling developers cashing in their land banks by selling them to players with stronger balance sheets and appetite for growth," the report stated.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 28, March 2017

Mid Session Better

Tithi ::Chaitra Sukla Padyami

Nakshatra: Uttarabhadra .

Persons born in Mrigasira, Chitta and Dhanishta constellations  and those born in Aries and Leo are advised to be alert in their dealings.

Sensitive / Trend change Timings : 1.40PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Subdued and remain Steady from 10.30 AM to 12.30 PM and recover from 12.30PM to 2.40PM and could remain subdued towards close.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  ATP by 12.30 PM, Long    Positions can be taken with suitable   SL, and such positions can be closed by about 2.30 PM;

Technical Levels...

Resistance : 9085, 9110 Support : 9010, 8975

--------------------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

WEEKLY ASTRO TECHNICAL GUIDE FOR NIFTY

Outlook for the Week 27.3.2017 to 31.03.2017

First Half Range Crucial

NIFTY :: 9108 (- 52)

Nifty traded in a narrow range of 9019 to 9168 during last week and closed at the Middle range for the week at 9108 with a LOSS of 52 Points, a Loss of about 0.55%. Market gained about 56 points on Thursday during the week with a net loss of about 52 points during the week.

Market had closed with a light negative positive outlook with a Loss of about 0.55% i.e.,52 points . The short term trend has turned Up. It is Bullish both for Medium and Long term, short term could be quite Bullish Unless Nifty comes and closes below 8950.

- 20 DMA, 50DMA, 100DMA and 200 DMA are placed at about 9006, 8787, 8487 and 8522 respectively and would act as Supports and Resistances as Nifty is trading above all the averages.

-Nifty continues to trade above the 200 DMA and also the 50 DMA and 50 DMA too has come above 200 DMA (Golden Cross has come about Five weeks back) suggesting that the Long term outlook has become Bullish and Nifty continues to trade above both the Averages and hence can be considered Bullish for Long term too.

Technical Levels...

Breakout level : 9200 and the Breakdown level : 8950

Bullish above 9175 with Resistance at 9250, 9325

Bearish below 9040 with Supports at 8965, 8900 ,8825.

Advice for Traders...

Weekly Open level is very important for the entire week. Long positions may be considered  as long as it maintains above the Weekly open level.

-----------------------------------------

Planetary Position...

- Moon would be transiting from Poorvabhadra 3 rd Pada in Aquarius  to Krittika 2 nd Pada in Taurus.

- Sun transits from  Uttarabhadra  3 rd  Pada in Pisces to Revathi 1 st Pada in Pisces .

- Mercury  transits from Aswini 1 st  Pada to Aswini 2 nd Pada  in Aries.

- Venus, in Retro motion,  transits from  Uttarabhadra 2 nd  Pada in Pisces   to Uttarabhadra. 2 nd   Pada in Pisces.

- Mars transits in  Bharani 2 nd    Pada in Aries to Bharani 3 rd  Pada in Aries.

- Saturn, in  Sagittarius,  transits in  Moola 2 nd  Pada  to Moola 2 nd Pada in Capricorn Navamsa.

- Jupiter transits in Chitta 1 st Pada in Virgo and in Leo Navamsa.

- Rahu and Ketu transit in Leo and Aquarius and in Gemini  and Sagittarius  Navamsas.

Moon would transit between Poorvabhadra and Revathi in Aquarius and Pisces between Monday and Wedneday next Week . If the High of this range is crossed, it would become Bullish and on the other hand, if it breaches the Low, it would become become Bearish.

-------------------------------------------

Closing Subdued (for Monday)

Tithi ::Phalguna Bahula Amavasya

Nakshatra: Poorvabhadra.

Persons born in Aswini, Makha and Moola constellations  and those born in Aries and Leo are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.40 AM; 9.55 AM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady/ Subdued and remain Better  from 10.00 AM to 12.00 PM and remain Subdued thereafter and could remain weak in the  closing Hour.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above   ATP by about 10.00 AM, Long  Positions can be taken with suitable   SL, and such positions can be closed by about 12.00 PM; If Nifty fut trades below by 2.30 PM, Short Positions can be taken with suitable SL , and such Positions can be closed by end of the day.

Technical Levels...

Resistance : 9145, 9180 Support : 9070, 9025

---------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

INDIAN Co's LINE UP Rs.20000 CRORE IPO's

The IPO lane is getting busy as companies have lined up initial public offerings worth Rs 20,000 crore in the coming months to fund their business expansion and meet working capital requirements. Hudco, NSE, Central Depository Services Ltd, Nakshatra World and Cochin Shipyard are among the names that plan to launch share-sale offers in coming months. Most of these companies plan to utilise initial public offer (IPO) proceeds for business expansion as well as working capital requirements. Besides, the firms are taking IPO route to achieve benefits of listing the equity shares on the bourses. Some of the firms believe the listing of the equity shares will enhance their brand name and provide liquidity to the existing shareholders. At present, five companies -- Hudco, Central Depository Services Ltd, S Chand and Company, Genesis Colors and Security & Intelligence Services (India) Ltd -- have secured Sebi's go-ahead to float their respective public offers. In addition, 11 companies including GTPL Hathway, NSE, Bharat Road Network, Tejas Networks, Eris Lifesciences, Salasar Techno Engineering, Au Financiers, Prataap Snacks, PSP Projects are awaiting the regulator's approval to float IPOs. Together, these companies are expected to raise about Rs Rs 20,000 crore. Moreover, companies like SBI Life Insurance are expected to file IPO papers in the near future. Besides, five companies including leading bourse BSE and Avenue Supermarts, the operator of retail chain D-Mart, have already hit the Dalal Streets this year so far. NSE's IPO will see existing shareholders offloading 20-25 per cent shares to the public through the OFS route. It is expected to be one of the biggest in recent times, with an estimated size of over Rs 10,000 crore, sources said. According to experts, the IPO market is expected to see some activity this year as half a dozen companies have filed their draft papers with Sebi in 2017 so far to launch public offers and many are awaiting the regulator's nod. Also, proactive regulatory environment coupled with general uplift in investor sentiment has helped the IPO market. Market watchdog Sebi has taken numerous steps that are encouraging companies to sell shares. One key enabler was making Asba (Application Supported by Blocked Amount) mandatory for all investors, including retail. Also, Sebi's proactive approach to the market has ensured that investors need not fear about frauds. Quantum AMC Director I V Subramaniam said, "Attractively priced IPO will get a solid response from investors as its chances of listing with gains get higher. Conversely, if an IPO is over-priced, it may not be able to list attractively". The year 2016 saw 26 companies collectively raising over Rs 26,000 crore trough their respective IPOs, making it the best in six years.

INDIA...The 3rd LARGEST AVIATION MARKET

India has become the third largest aviation market in terms of domestic passenger traffic, beating Japan, an industry report has said. India's domestic air passenger traffic stood at 100 million in 2016 and was behind only the US (719 million) and China (436 million), Sydney-based aviation think-tank Centre for Asia Pacific Aviation (CAPA) said in its latest report.
India acquired the third spot globally by unseating Japan, which flew 97 million domestic passengers in 2016, CAPA said. Domestic air traffic has shown a consistent growth of 20 -25 per cent throughout 2015 and 2016, peaking in January this year at 25.13 per cent. However, the domestic travel demand rose 16 per cent in February this year, ending the long streak of over 20 per cent. According to CAPA, India which enjoyed the fourth position in terms of overall air passenger traffic (both domestic and international) along with the UK, has also inched closer to becoming the third largest one by March next year. "India will become the third largest market 2-3 years ahead of what was projected. This is because the growth has been much higher," Kapil Kaul, head of CAPA India, said. Japan, which flew 141 million passengers in 2016, was ahead of India whose total air passenger traffic was 131 million in the previous year, as per CAPA. United States with 815 million passengers in 2016 enjoyed the top position, followed by China with 490 million, according to the report. "While we will reach the third spot for both domestic and international air travel ahead of the projected period, we will remain at that position for a very long time because it will not be easy to surpass China and the US," Kaul said.

MUTUAL FUNDS INFLOWS @ Rs. 3.98 LAKH CRORES

Investors have pumped in more than Rs 30,000 crore into various mutual fund schemes in February, with liquid, income and equity funds attracting the most of the inflows.
With this, total inflows have reached Rs 3.98 lakh crore in the first eleven months of the current fiscal (2016-17). In comparison, Rs 2.07 lakh crore was invested in various mutual fund products during April-February period of 2015-16.
"Investors may have seen the volatility of the current fiscal as a positive to average out costs. Retail investors also appear to have become savvier, using liquid schemes to either earn higher returns or to run Systematic Transfer Plan (STPs) into equity funds to average costs," said Srikanth Meenakshi, the COO of Fundsindia.com, an investment portal for mutual funds. "Apart from equity, inflows into debt funds have risen. Deposit rates have been falling, resulting in lower returns for investors. Falling rates help debt fund returns as yields instruments rally, which could have additionally helped draw in investors," Srikanth added.
According to the data by the Association of Mutual Funds in India (Amfi), a net sum of Rs 30,273 crore has been invested in mutual funds in the month of February.
The latest inflows have been mainly driven by contribution from liquid, income and equity funds. Income funds attracted Rs 10,864 crore last month, while liquid or money market fund category saw net inflows of Rs 8,227 crore. Equity and equity-linked schemes saw inflows of around Rs 6,462 crore.
Liquid and money market funds invest mainly in money market instruments like commercial papers, treasury bills, term deposits and have a lower maturity period and do not have any lock-in period. An income fund emphasises on current income, either on a monthly or quarterly basis, as opposed to capital appreciation. Such funds usually hold a variety of government, municipal and corporate debt obligations, preferred stock and dividend-paying stocks. Total assets under management (AUM) of all the active 43 active fund houses soared to a record Rs 17.89 lakh crore at the end of February this year, from Rs 12.33 lakh crore at the end of preceding fiscal.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 24, March 2017

Mid Session Subdued

Tithi ::Phalguna Bahula Ekadasi

Nakshatra: Sravana.

Persons born in Punarvasu. Visakha, Poorvabhadra constellations and those born in Aquarius and Gemini are advised to be alert in their dealings.

Sensitive / Trend change Timings : 10.35AM; 12.15PM; 2.30PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets Market is expected to open Steady and remain Subdued from12.15PM to 2.30PM and remain Steady thereafter.

Astro Technical Trading Strategy...

If Nifty Fut. Trades below ATP by 12.15 PM, Short Positions can be taken with suitable SL, and such positions can be closed by about 2.30 PM;

Technical Levels...

Resistance : 9125, 9160 Support : 9050, 9015

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- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

FIRM COMMODITY PRICES SUPPORT INDIA Inc GROWTH

Despite reverses of note ban, India Inc was able to post a 5.1 per cent revenue growth in the December quarter on commodity price recovery and a low-base effect, a report said today. "Indian corporate sector posted healthy revenue growth of 5.1 per cent in Q3FY2017...revenue growth was supported by recovery in commodity prices and low-base effect," domestic rating agency Icra said in a note. In the analysis of 497 companies, the agency said the 5.1 per cent revenue growth, which is significantly higher than the preceding quarters of the fiscal, was supported by commodity prices which is reflected in performance of sectors such as metals, oil and gas and capital goods. On demonetisation, it said consumption-driver sectors like auto, cement and fast moving consumer goods suffered a contraction of revenues during the quarter. Companies had to adopt strategies like offering credit to its channel partners, higher incentives and supply chain efficiencies to reduce the impact of demonetisation, it said. For the consumer durable segment, which witnessed a contraction in sales during November and December, the impact was limited as most companies were entering new product segments during the time. Cement volumes contracted by 0.8 per cent during the October-December period, with the north and west regions impacted the most, it said. "Demonetisation impact was felt across many domestic economy-oriented sectors," it said, specifying that e-commerce, toll roads, realty, construction and commercial vehicles were among other sectors hurt by the move. It, however, said that margins of the corporate sector expanded by 1 percentage point to 18.1 per cent but said this was on account of a low base effect where the earnings of metal and capital goods companies were impacted severely in the same period last year. Companies in the airlines, automobiles and auto components, logistics, tyres, telecom and shipping sectors, however, witnessed a contraction in margins, it said. The interest coverage ratio was stable at 3.3x, while that for stressed sectors like steel and construction improved.

ASTRO TECHNICAL GUIDE FOR NIFTY

for 23, March 2017

Forenoon Session Better

Tithi : Phalguna Bahula Dasami

Nakshatra : Uttarashadha.

Persons born in Aardra , Swathi and Sathabhisham constellations  and those born in Aquarius and Gemini are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.25AM;11.40 AM; 1.25PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Subdued and recover from 9.35 AM to 1.40 PM and could remain subdued thereafter.

Astro Technical Trading Strategy for the day ::  If Nifty Fut. Trades above  Open Level /  ATP by 9.45AM, Long Positions can be taken with suitable   SL, and such positions can be closed by about 1.30 PM; If Nifty futures trades below  ATP by about 2.00 PM , Short   Positions can be taken with suitable Stop loss and such positions can be closed by about 3.30 PM.

Technical Levels...

Resistance : 9070, 9105 Support  : 8990, 8955

-------------------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..

ASTRO TECHNICAL GUIDE FOR NIFTY

 for 22, March 2017

 Opening Session Better

Tithi ::Phalguna Bahula Dasami

Nakshatra: Poorvashadha and Uttarashadha(From 2.05PM).

Persons born in Mrigasira, Chitta and Dhanishta and Aardra , Swathi and Sathabhisham constellations and those born in Capricorn and Taurus are advised to be alert in their dealings.

Sensitive Trend change Timings : 1.15PM; 2.05PM;

Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets, Market is expected to open Steady / Better and remain so till about 11.40AM and remain Subdued  thereafter till about1.50PM and again remain Steady  till close of the day.

Astro Technical Trading Strategy...

If Nifty Fut. Trades above  Open Level /  ATP by 9.30AM, Long    Positions can be taken with suitable   SL, and such positions can be closed by about 11.30 AM; If Nifty futures trades below  ATP by about 12.00 PM , Short   Positions can be taken with suitable Stop loss and such positions can be closed by about 3 PM.

Technical Levels...

Resistance: 9160, 9195 Support : 9080, 9045

----------------------------------------

- IF resistance levels are achieved in the forenoon session, buying may be avoided at higher levels and risky traders can consider short positon for a pull back to Bullish trigger level. IF Support levels are achieved in the forenoon session, selling may be avoided at lower levels and risky traders can consider buying for a pull back upto  Bearish trigger level / other support levels.

- Intraday trend given above is relative and based purely on the basis of planetary positions / aspects and needs to be understood and and astrological portion given above should be considered together and applied for taking proper trading decisions.

-------------------------------

Disclaimer :  Intraday trading is risky and Astro guidance is to be depending on intraday movements . applied depending on the real time market movement.  used as an additional tool in addition to technicals and adapted  Technical portion. Loss / Gain in market depends on Individual natal chart.  Creator only knows what is going to happen and astrologer can only indicate what is likely to happen.

Investment decisions made on the above analysis would be at your own risk and I take no responsibility for your decisions based on the above analysis.'

Trade only with stop loss..

Stay Disciplined for Successful Trading and Investing..