The Market has opened in a cautious note on Monday the 50 shares Nifty down by 68 points or 0.83 percent at 8102.

2. TECHNICAL TREND ( NIFTY - BANK NIFTY FUTURES )
NIFTY FIFTY : The Market has opened in a cautious note on Monday the 50 shares
Nifty down by 68 points or 0.83 percent at 8102. After the few day of Euphoric rise in the
market. The Investors has Surrender due to fear over the Fed Policy and Brexit vote from
European Union on 23 June. Although the Bank of Japan & Federal Reserve kept
unchanged the interest rate for the fourth time in its Policy meet as the most participants of
the Market were expecting no changes . Not once did the market entered the green
territory as investors reacted to the poor industrial production data for April, which fell 0.8
per cent for the first time in three months also influence the market. Now the uncertainty
about the Britain Exit from European union due to death of Britain law maker and
monsoon will lead the market ahead. The Nifty is facing the Stiff resistance around 8250-
8300 break above 8300 will lead the Nifty toward 8450-8500 in near term. The crucial
levels for Nifty is 8050-8100 down side and 8250-8300 is upside for upcoming week.
BANK NIFTY : - The Bank Nifty is opened in a negative territory on Monday down by
208 points or 1.17 per cent at 17620. The cabinet has approved the takeover of State Bank
of India on its several subsidiaries. The Reserve Bank of India has thrown a lifeline for
over leveraged companies and banks to put an end to future bad loans by permitting
capital restructuring which would see banks taking equity in companies. The credit rating
agency ‘Icra ’ said the Reserve Bank of India new debt recast policy is a positive
turnaround for the Banks, it will helps to the Banks to decrease the Net-Performing Assets
by 30-100 points. The Bank Nifty Technically seem range bound for Next week. The
Crucial levels for Bank Nifty 17450-17600 down side and 17880-18160 is Up side.
Monday, 20 June 2016

3. TECHNICAL VIEW (NIFTY- BANK NIFTY FUTURES )
NIFTY
DAILY R2 R1 PP S1 S2
8340 8222 8163 8104 7986
WEEKLY R2 R1 PP S1 S2
8588 8292 8144 7996 7700
MONTHLY R2 R1 PP S1 S2
8864 8404 8174 7944 7484
BANK NIFTY
DAILY R2 R1 PP S1 S2
18459 17961 17712 17463 16965
WEEKLY R2 R1 PP S1 S2
18965 18139 17726 17313 16487
MONTHLY R2 R1 PP S1 S2
19800 18402 17703 17004 15606
MOVING AVERAGE 21 DAYS 50 DAYS 100 DAYS 200 DAYS
NIFTY 8120 7954 7680 7786
BANK NIFTY 17339 16906 15984 16470
PARABOLIC SAR DAILY WEEKLY MONTHLY
NIFTY 8285 7830 6913
BANK NIFTY 17540 16512 13506

4. PATTERN FORMATION ( NIFTY )
Detail of Chart -
On the Above given daily chart of Nifty Applied the Parabolic SAR along with Bollinger
Band the both the indicator is in crucial points to decide the trend of the Nifty for next
week. In the Nifty chart the Channel line Draw for more then week which shows the
strong Resistance for the Nifty. If the Nifty is able to break the level of 8300 or 8350 we
could witness the Upward rally for upcoming time. Although the Bollinger Band line is
indicating the upward movement and Nifty may test the level of 8300-8350n the crucial
levels for Nifty is 8100-8150 down side and 8300-8350 is upside break below and up will
lead the Nifty for 8020 down side and 8400-8450 is upside.

5. PATTERN FORMATION ( BANK NIFTY )
Details of Chart-
On the Above given chart of Bank Nifty has Applied the Bollinger Band and Parabolic
SAR along with Channel line the Bollinger Band break above and below decide the trend
and the price movement of the Security. The break above band signal for buying and the
breakout below the Band opportunity for Short.however in the Chart the Bank Nifty price
is above its middle band till is it is not break the level of either side we could not decide
the trend Bank nifty may trade between 17600-17850 range for next week. The crucial
levels for Bank Nifty is around 17500-17650 down side and 17850-18100 up side.

6. NSE EQUITY DAILY LEVELS
COMPANY NAME R2 R1 PP S1 S2
ACC EQ 1568 1561 1553 1546 1538
ALBK EQ 59 58 57 56 55
AMBUJACEM EQ 238 237 235 234 232
ASIAN PAINT EQ 1022 1009 1002 989 982
AXISBANK EQ 537 532 529 524 521
BAJAJ-AUTO EQ 2609 2594 2575 2560 2541
BANKBARODA EQ 155 153 150 148 145
BANKINDIA EQ 96 94 93 91 90
BHEL EQ 125 124 123 122 121
BHARTIARTL EQ 366 361 353 348 340
CIPLA EQ 493 490 487 484 481
COALINDIA EQ 317 315 311 309 305
DLF EQ 137 135 134 132 131
DRREDDY EQ 3126 3063 3031 2968 2936
GAIL EQ 391 389 386 384 381
GRASIM EQ 4375 4351 4327 4303 4279
HCLTECH EQ 759 756 752 749 745
HDFC EQ 1249 1238 1224 1213 1199
HDFCBANK EQ 1185 1178 1172 1165 1159
HEROMOTOCO EQ 3072 3051 3033 3012 2994
HINDALCO EQ 121 120 118 117 115
HINDUNILVR EQ 888 881 876 869 864
ICICIBANK EQ 245 242 238 235 231
ITC EQ 363 361 358 356 353
INDUSIND BANK EQ 1120 1110 1098 1088 1076
INFY EQ 1199 1189 1182 1172 1165
JINDALSTEL EQ 68 67 66 65 64
KOTAKBANK EQ 764 757 752 745 740
LT EQ 1515 1497 1485 1467 1455
M&M EQ 1367 1356 1347 1336 1327
MRF EQ 32073 31702 31476 31105 30879
MARUTI EQ 4180 4136 4115 4071 4050
ONGC EQ 215 214 212 211 209
ORIENTBANK EQ 103 102 98 97 93
RCOM EQ 49 48 47 46 45
RELCAPITAL EQ 405 400 396 391 387
RELIANCE EQ 981 979 976 974 971
RELINFRA EQ 549 543 537 531 525
RPOWER EQ 55 54 53 52 51
SBIN EQ 219 216 213 210 207
SSLT( VEDL) EQ 125 124 123 122 121
SUNPHARMA EQ 764 753 746 735 728
TATAMOTORS EQ 470 466 462 458 454
TATAPOWER EQ 78 75 74 71 70
TATASTEEL EQ 337 331 327 321 317
UNIONBANK EQ 129 127 126 124 123

7. TOP 15 ACHIEVERS // TOP 15 LOOSERS
NEXT WEEK STARS (AS PER TECHNICAL ANALYSIS)
Cash Pack
NSE CASH : BUY INDRAPRASTHA GAS LTD ABOVE 625 TGT 665 SL 605
NSE CASH : BUY SYNDIBANK NSE CASH ABOVE 73 TGT 77 SL 70.50
NSE CASH : BUY ADANIPORTS NSE CASH ABOVE 210 TGT 225 SL 203
Futures Pack
NSE FUTURE : BUY BEML FUTURE ABOVE 852.50 TGT 867.50 SL 843
NSE FUTURE : BUY IBULHSGFIN FUTURE ABOVE 708 TGT 720 SL 702
NSE FUTURE : BUY BAJAJ-AUTO FUTURE ABOVE 2600 TGT 2630 SL 2580
SR.NO SCRIPT NAME PREV CLOSE CMP % CHANGE
1 BHARTI INFRA 374 338
-9.57 %
2 ICICI BANK 252 238
-5.60 %
I
C
I
C
I
B
A
N
K
2
5
2
2
3
8
-
5
.
6
0
%
I
C
I
C
I
B
A
N
K
2
5
2
2
3
8
-
5
.
6
0
%
I
C
I
C
I
B
A
N
K
2
5
2
2
3
8
-
5
.
6
0
%
I
C
I
C
I
B
A
N
K
2
5
2
2
3
8
-
5
.
6
0
%
I
C
I
C
I
B
A
N
K
2
5
2
2
3
83 ONGC 218 210
-3.41 %
4 TATA POWER CO 76 73
-3.28 %
T
A
T
A
P
O
W
E
R
C
O
7
6
7
3
-
3
.
2
8
%
T
A
T
A
P
O
W
E
R
C
O
7
6
7
3
-
3
.
2
8
%
T
A
T
A
P
O
W
E
R
C
O
7
6
7
3
-
3
.
2
8
%
T
A
T
A
P
O
W
E
R
C
O
7
6
7
3
-
3
.
2
8
%
T
A
T
A
P
O
W
E
R
C
O
7
6
7
3
5 TATA STEEL 334 325
-2.68 %
6 AXIS BANK LTD. 541 526
-2.62 %
A
X
I
S
B
A
N
K
L
T
D
.
5
4
1
5
2
6
-
2
.
6
2
%
A
X
I
S
B
A
N
K
L
T
D
.
5
4
1
5
2
6
-
2
.
6
2
%
A
X
I
S
B
A
N
K
L
T
D
.
5
4
1
5
2
6
-
2
.
6
2
%
A
X
I
S
B
A
N
K
L
T
D
.
5
4
1
5
2
6
-
2
.
6
2
%
A
X
I
S
B
A
N
K
L
T
D
.
5
4
1
5
2
67 ULTRATECH CEM 3384 3303
-2.41 %
8 M&M 1375 1344
-2.31 %
M
&
M
1
3
7
5
1
3
4
4
-
2
.
3
1
%
M
&
M
1
3
7
5
1
3
4
4
-
2
.
3
1
%
M
&
M
1
3
7
5
1
3
4
4
-
2
.
3
1
%
M
&
M
1
3
7
5
1
3
4
4
-
2
.
3
1
%
M
&
M
1
3
7
5
1
3
4
4
9 IDEA CELLULAR 103 101
-2.22 %
10 AURO PHARMA 743 727
-2.06 %
A
U
R
O
P
H
A
R
M
A
7
4
3
7
2
7
-
2
.
0
6
%
A
U
R
O
P
H
A
R
M
A
7
4
3
7
2
7
-
2
.
0
6
%
A
U
R
O
P
H
A
R
M
A
7
4
3
7
2
7
-
2
.
0
6
%
A
U
R
O
P
H
A
R
M
A
7
4
3
7
2
7
-
2
.
0
6
%
A
U
R
O
P
H
A
R
M
A
7
4
3
7
2
711 DR. REDDY’S 3065 3002
-2.05 %
12 ZEEL 458 450
-1.82 %
Z
E
E
L
4
5
8
4
5
0
-
1
.
8
2
%
Z
E
E
L
4
5
8
4
5
0
-
1
.
8
2
%
Z
E
E
L
4
5
8
4
5
0
-
1
.
8
2
%
Z
E
E
L
4
5
8
4
5
0
-
1
.
8
2
%
Z
E
E
L
4
5
8
4
5
013 HERO MOTOCORP 3069 3030
-1.27 %
14 BHEL 123 122
-1.13 %
B
H
E
L
1
2
3
1
2
2
-
1
.
1
3
%
B
H
E
L
1
2
3
1
2
2
-
1
.
1
3
%
B
H
E
L
1
2
3
1
2
2
-
1
.
1
3
%
B
H
E
L
1
2
3
1
2
2
-
1
.
1
3
%
B
H
E
L
1
2
3
1
2
2
15 INDUSIND BANK 1109 1099 - 0.96 %
SR.NO SCRIPT NAME PREV
CLOSE
CMP % CHANGE
1
GAIL INDIA LTD 368.95 387.25 +4.96 %
2 SBIN 205 213 +3.64 % S
B
I
N
2
0
5
2
1
3
+
3
.
6
4
%
S
B
I
N
2
0
5
2
1
3
+
3
.
6
4
%
S
B
I
N
2
0
5
2
1
3
+
3
.
6
4
%
S
B
I
N
2
0
5
2
1
3
+
3
.
6
4
%
S
B
I
N
2
0
5
2
1
3
3
HINDALCO 115 118 +3.04 %
4 BANK BARODA 146 150 +2.94 % 1. B
A
N
K
B
A
R
O
D
A
1
4
6
1
5
0
+
2
.
9
4
%
2. B
A
N
K
B
A
R
O
D
A
1
4
6
1
5
0
+
2
.
9
4
%
3. B
A
N
K
B
A
R
O
D
A
1
4
6
1
5
0
+
2
.
9
4
%
4. B
A
N
K
B
A
R
O
D
A
1
4
6
1
5
0
+
2
.
9
4
%
5. B
A
N
K
B
A
R
O
D
A
1
4
6
1
5
0
5
BOSCH LTD. 21492 22075 +2.71 %
6 ITC LIMITED 350 359 +2.61 % I
T
C
L
I
M
I
T
E
D
3
5
0
3
5
9
+
2
.
6
1
%
I
T
C
L
I
M
I
T
E
D
3
5
0
3
5
9
+
2
.
6
1
%
I
T
C
L
I
M
I
T
E
D
3
5
0
3
5
9
+
2
.
6
1
%
I
T
C
L
I
M
I
T
E
D
3
5
0
3
5
9
+
2
.
6
1
%
I
T
C
L
I
M
I
T
E
D
3
5
0
3
5
9
7
ADANI PORTS 202 207 +2.44 %
8 COAL INDIA LTD 306 313 +2.14 % C
O
A
L
I
N
D
I
A
L
T
D
3
0
6
3
1
3
+
2
.
1
4
%
C
O
A
L
I
N
D
I
A
L
T
D
3
0
6
3
1
3
+
2
.
1
4
%
C
O
A
L
I
N
D
I
A
L
T
D
3
0
6
3
1
3
+
2
.
1
4
%
C
O
A
L
I
N
D
I
A
L
T
D
3
0
6
3
1
3
+
2
.
1
4
%
C
O
A
L
I
N
D
I
A
L
T
D
3
0
6
3
1
3
9
CIPLA LIMITED 476 486 +2.10 %
10 LUPIN LIMITED 1437 1464 +1.85 % L
U
P
I
N
L
I
M
I
T
E
D
1
4
3
7
1
4
6
4
+
1
.
8
5
%
L
U
P
I
N
L
I
M
I
T
E
D
1
4
3
7
1
4
6
4
+
1
.
8
5
%
L
U
P
I
N
L
I
M
I
T
E
D
1
4
3
7
1
4
6
4
+
1
.
8
5
%
L
U
P
I
N
L
I
M
I
T
E
D
1
4
3
7
1
4
6
4
+
1
.
8
5
%
L
U
P
I
N
L
I
M
I
T
E
D
1
4
3
7
1
4
6
411
TCS 2555 2602 +1.83 %
12 POWERGRID CO 154 157 +1.72 % P
O
W
E
R
G
R
I
D
C
O
1
5
4
1
5
7
+
1
.
7
2
%
P
O
W
E
R
G
R
I
D
C
O
1
5
4
1
5
7
+
1
.
7
2
%
P
O
W
E
R
G
R
I
D
C
O
1
5
4
1
5
7
+
1
.
7
2
%
P
O
W
E
R
G
R
I
D
C
O
1
5
4
1
5
7
+
1
.
7
2
%
P
O
W
E
R
G
R
I
D
C
O
1
5
4
1
5
7
13
BHARTI AIRTEL 351 357 +1.68 %
14 TATA MOTORS 456 464 +1.63 % T
A
T
A
M
O
T
O
R
S
4
5
6
4
6
4
+
1
.
6
3
%
T
A
T
A
M
O
T
O
R
S
4
5
6
4
6
4
+
1
.
6
3
%
T
A
T
A
M
O
T
O
R
S
4
5
6
4
6
4
+
1
.
6
3
%
T
A
T
A
M
O
T
O
R
S
4
5
6
4
6
4
+
1
.
6
3
%
T
A
T
A
M
O
T
O
R
S
4
5
6
4
6
4
15
WIPRO LIMITED 542 552 +1.23 %
AM
BUJ
A
CEM
ENT
204 232 +13.67
%
AMBUJA CEMENT
1. B
O
S
C
H
L
T
D
.
18128 20371 +12.37
%
2. B
OSCH
LTD.
1
8
1
2
8
2
0
3
7
1
+
1
2
.
3
7
%
3. B
O
S
C
H
L
T
D
.
1
8
1
2
8
2
0
3
7
1
+
1
2
.
3
7
%
4. B
O
S
C
H
L
T
D
.
1
8
1
2
8
2
0
3
7
1
+
1
2
.
3
7
%
5. B
O
S
C
H
L
T
D
.
1
8
1
2
8
2
0
3
7
1
+
1
2
.
3
7
%
6. B
O
S
C
H
L
T
D
.
1
8
1
2
8
2
0
3
7
1
+
1
2
.
3
7
%
ACC 1240 1385 +11.68
%
ACC

8. NSE - WEEKLY NEWS LETTERS
✍ TOP NEWS OF THE WEEK
FDI inflows in 2016-17 to be higher than 15.3% in 2015-16: Economic Affairs Sec -
FDI inflows in the current fiscal will top 15.3 per cent rise in 2015-16 on the back of
reforms and liberalisation of FDI norms, Economic Affairs Secretary Shaktikanta Das
said today. Stating that the current account deficit at 1.1 per cent of GDP is a "robust
macro economic indicator", Das said efforts will continue on the reforms front."Net FDI
inflow rose by 15.3 per cent in 2015-16 over the previous year. Should be more this year
due to full-year impact of FD "Net FDI inflow rose by 15.3 per cent in 2015-16 over the
previous year. Should be more this year due to full-year impact of FDI liberalisation in
November 2015," Das tweeted.For the full year, CAD stood at $22.1 billion About 1.1
per cent of GDP as against $26.9 billion 1.8 per cent in 2014-15.
India's CA deficit may widen to 1.4 per cent of GDP in FY17: Nomura - India's
current account deficit is likely to widen to 1.4 per cent of GDP in the current fiscal from
an estimated 0.9 per cent in 2015-16, says a Nomura report. According to the Japanese
financial services major, the global demand recovery is likely to stay sluggish but imports
are expected to rise towards end of this year, following which the country's trade deficit is
expected to widen. In our base case, we expect the global demand recovery to stay
sluggish but imports to rise towards end-2016. As a result, we expect the current account
deficit to widen to 1.4 per cent of GDP in FY17 from an estimated 0.9 per cent in FY16,"
Nomura said in a research note.
Government says closely monitoring possible fallout of Brexit - Government is
keeping a watch on the global risk factors to the economy including Brexit, turmoil in the
Middle East and spike in oil prices in the international market, Minister of State for
Finance Jayant Sinha said today."There are a number of risk factors that we routinely
consider. We discussed, for example, what will happen with oil prices and turmoil in the
Middle East. We discussed Brexit as well, along with the risk factors that India has," he
told reporters on the sidelines of the Rajasva Gyan Sangam. On June 23, UK will vote on
whether to remain in the 28-nation European Union or to leave. Britain's exit from the
EU, or Brexit, is being debated globally as it could have implications for the international
financial market and exchange rates.
Role of monsoon in reviving rural economy not significant: UBS - Forecast of above-

9. normal monsoon this year has rekindled hopes of a rural recovery, but its role in doing so
is not that "significant", says a UBS report, thus striking a contrarian tone to the
mainstream idea. According to the Swiss financial services firm, sentiment plays a role
and can help rural spending "though not necessarily backed by a sharp improvement in
rural incomes". "Agri GDP comprises 15 per cent of India's GDP and 40 per cent of rural
economy. Our analysis implies that around 20 per cent of Agri GDP is directly dependent
on monsoons. Thus, the direct role of monsoon overall appears insignificant," UBS said
in a research note.
22 per cent rain deficiency due to slow-progress of south-west monsoon - India's
monsoon deficit has widened to 25% since the beginning of this month as rainfall in the
past day was less than half of the normal level, increasing the anxiety of farmers although
forecasters say that heavy showers are just a few days away. Weather scientists say total
rainfall is well below average, primarily because of the monsoon hit peninsular India a
week late and has not progressed smoothly after that. Rainfall in the past day was 52%
below normal with central India, which should have been covered by the monsoon by
now, getting barely 10% of the rainfall it normally receives at this time.
‘ Buy one get one Free ’ deal to soon lose charm, GST may apply to free articles -
The popular 'buy one get one free' deals stand to lose some of their charm as the proposed
goods and services tax may apply to free articles given away with those purchased. As
per Section 3 of the model GST law that the government has unveiled for stakeholder
comments, supplies specified in Schedule I, made without a consideration, are also liable
to GST. This means that the buyer will have to pay GST on the article that comes free,
said tax experts, confirming that the provision will impact the popular sales.They called
for clarity on the issue as the wider implication is that even free samples given by way of
business promotion could attract GST."Any form of direct or indirect GST on free
supplies could have a significant impact on the sales & marketing spend of companies,
specifically those dealing in consumer products," said Pratik Jain, National Indirect Tax
leader at PwC.
Listing of PSU insurers to happen one-by-one: DEA Secretary Shaktikanta Das -
The process of listing of four public sector general insurance companies will begin one by
one and "lot of action" is expected on the front in next few months, a top official said
today."In the last Budget, government has announced listing of various public sector
insurance companies and that is work in progress."We expect that the process of listing of
the insurance companies will begin one-by-one. Modalities are being worked out and I
think we should see lot of action on that front in the next few months," Economic Affairs

10. Secretary Shaktikanta Das said at the Economic Times 'BFSI Best Brands' Summit.
India’s current account deficit narrows to $300 million, lowest level in 7 years -
India's current account deficit narrowed to its lowest level in seven years in the quarter
ended March, mainly due to lower trade gap as both exports and imports fell. Reserve
Bank of India data released on Thursday showed that the current account deficit —
difference between the value of all imports, including goods, services and investment
incomes, and the value of all exports — had shrunk to $300 million in the fourth quarter
of 2015-16, down from $700 million a year a year earlier and sharply lower from $7.1
billion recorded in the previous quarter.
✍ TOP ECONOMY NEWS
Industrial output growth in the country disappointed at -0.8% in April 2016, pulled down
by the manufacturing sector, which contracted by 3.1% over the same month in 2015.
India's foreign exchange reserves hit a record high at USD 363.46 billion for the week
ended June 3, mostly due to the central bank taking delivery of its forward-dollar
contracts and dollar buying in spot foreign exchange markets.
The power regulator has allowed power plants owned by central and state power utilities
to swap coal for its efficient usage and reduction of transportation charges, a move that
will lead to lowering of electricity tariffs.
Centre’s indirect tax mop-up rose by 33% in May likely led by high excise collections,
signaling a pick-up in economic activity.
Reserve Bank has cancelled registration of three NBFCs including Escorts Finance,
Express Trading & Securities and Jayant Security & Fin.
Consumer Price Index for May 2016, rose to 5.76% — the highest in at least 17 months
— compared with 5.39% in April 2016 and 5.01% in May 2015.
Cochin Shipyard in consortium with Global United Shipping India have proposed a joint
bid to build-own-operate six new LNG vessels for GAIL, making it the very first Indian
bid for the country's biggest shipping tender.
The Finance Ministry has set up a working group to examine the consequential issues

11. arising out of recent amendments to the India-Mauritius Double Taxation Avoidance
Agreement.
The Wholesale Price Index rose 0.79% in May, after rising 0.34% in April 2016 and
coming in at -2.20% during the corresponding month of the previous year.
Concerned over ‘wilful violation of its drug pricing control rules, the National
Pharmaceutical Pricing Authority has slapped show-cause notices on ten top drugmakers
for failing to register their products on its online database and submit the mandatory
disclosures.
India recorded a 10-year low in investments in public-private sector in 2015, adding to
contraction that pulled down the global investment to below its five-year average of USD
124 billion.
Petrol price was marginally hiked by 5p/l and diesel by Rs. 1.26/l, the fourth increase in
rates in six weeks.
Reserve Bank's new debt recast norms are credit positive for banks and will help in
reducing the gross non-performing asset levels by 30-100 basis points after one year.
The Ministry for New & Renewable Energy, launched a scheme for setting up 1,000 MW
of wind power projects connected to the transmission network of Central Transmission
Utility to provide wind power to non-windy states at a price discovered through a
transparent bidding process.
The Union Cabinet cleared the Civil Aviation Policy, which is set to open door to a
number of passenger-friendly measures including capping of airfares at Rs. 2,500 for an
hour-long flight.
✍ TOP CORPORATE NEWS -
Reliance Communications Limited is geared up for the launch of its 4G services across
the country starting mid-August, as per reports. 4G services would be initially launched
in Mumbai, Delhi, Kolkata gradually spreading throughout India considering the
spectrum sharing agreement with Reliance Jio, according to reports.
Tata Power arm signs Share Purchase Agreement to acquire Welspun Renewables Energy

12. Private Limited. Tata Power's Generation Capacity to cross 10,000 MW reinforcing its
position as India's largest integrated power company. Tata Power Renewable Energy
Limited's renewable assets portfolio grows to about 2,300 MW making it the largest
Renewable Power Company in India.
Tata Consultancy Services announced a global partnership with Randstad Global IT
Solutions, to design and deploy one of the world’s largest end-to- end public cloud
marketplaces for IT infrastructure services. Randstad, as part of its IT transformation
strategy, is keen to improve its current IT Infrastructure operations through assets and
vendor optimization, process standardization , automation and deriving economies of
scale.
Tata Power Renewable Energy , subsidiary of Tata Power, has acquired 1,140MW solar
and wind power assets of Welspun Energy Pvt.
Dr Reddy’s Labs has inked a pact with Teva Pharmaceutical and an affiliate of Allergan
Plc to buy a portfolio of eight abbreviated new drug applications in the US for USD 350
million around Rs. 23 billion in cash.
Vedanta is planning to acquire coal mines via auctions as the mining conglomerate seeks
to ensure fuel security for its energy guzzling aluminium plants.
Coffee Day Enterprises, said its subsidiary Sical Logistics plans to raise Rs. 1 billion
through issuance of non-convertible debentures on a private placement basis.
Premier Explosives has bagged an order worth Rs. 730 million for the supply of
explosives and accessories for use in blasting works for overburden removal work at all
the open cast projects of Singareni Collieries Co.
Fortis Healthcare said its subsidiary has received an order from the Directorate General
of Health Services to deposit Rs. 5.03 billion for non-compliance of conditions of land
allotment lease.
Amtek Auto is close to selling its profitable German unit, Tekfor, for about USD700
million Rs 46.90 billion to an foreign buyer in a bid to reduce its debt.
Coal India Limited two subsidiaries Mahanadi Coalfields and Northern Coalfields will
buyback total shares worth around Rs19.78bn from their shareholders.

13. NTPC Limited has traded surplus power from its four thermal power stations, including
Vidhyanchal and Unchahar, at the Indian Energy Exchange.
International Finance Corp has emerged as the top contender to buy around 15% in
IDBI Bank, even as talks have been held with at least three other players-GIC of
Singapore, ADB and CDC.
In 2015-16, ONGC's exploration cost write-off was Rs. 57 billion, sharply lower from
Rs. 108.70 billion in FY15, Rs78.43bn in FY14, and Rs100.88bn in FY13.
An Adani Group company has won the project to set up a 100MW solar power unit in
Chhattisgarh, in an auction where none of the bidders quoted below the reserve price.
ABB India Limited has commissioned five sub-stations to integrate 648MW solar
project at Kamuthi in Tamil Nadu to the national transmission grid.
Jet Airways has announced its move to operate new daily services from Hyderabad to
Dammam and from Mangaluru to Sharjah from August 7.
Siemens Limited has won an order worth around Rs. 780 million from the Power Grid
Corp for engg, procurement and construction project at Bhuj in Gujarat.
Havells India will increase its stake in Bangalore-based Promptec Renewable Energy
Solutions up to 70% for an undisclosed sum.
Amara Raja Batteries has drawn up plans to increase its batteries manufacturing
capacity for supply to two and four wheelers, both original equipment manufacturers and
after-market.
Maruti Suzuki Limited resumed production at its Manesar unit and is working at more
than 90% capacity to make up for the loss.
Kerala government has promised all support to Kochi Port in resolving the pipeline issues
of the Petronet LNG Terminal.
Ajanta Pharma announced the launch of anti-dementia Memantine Hydrochloride

14. tablets in the US market.
IVRCL has allotted 0.65mn shares to Bank of Nova Scotia as part of a strategic debt
restructuring.
Bharti Airtel and Singapore Telecommunications have combined resources into one
network to form one of the largest Internet Protocol Virtual Private Networks globally to
deliver high-speed, secure data network coverage to enterprise customers in Asia-Pacific,
the Middle East, Africa, Europe and the US.
Blackstone Group, GIC of Singapore and Brookfield Asset Management have fired
slightly over USD 1 billion separate bids to acquire a 40% stake in DLF commercial
property unit that owns rent-yielding assets.
Suven Life Sciences was granted one product patent from Canada and one product patent
from Hong Kong corresponding to the new chemical entities for the treatment of
disorders associated with neurodegenerative diseases and were valid through 2032 and
2030 respectively.
BHEL Limited has commissioned another 195MW unit at Muzaffarpur thermal power
station in Bihar.
Bharti Infratel will buy back 47 million shares for Rs. 425 each in a deal valued at Rs.
20 billion, in a bid to return surplus funds back to shareholders.
A court has ordered initiation of proceedings against Unitech Ltd and its top bosses in a
case of alleged cheating lodged by an investor for not giving him possession of a flat
booked in 2006 in Greater Noida.
SBC, offloaded over 2.6 million shares of Reliance Infrastructure for an estimated Rs.
1.44 billion through an open market transaction.
✍ TOP BANKING AND FINANCIAL NEWS OF THE WEEK
India's largest bank, State Bank of India and MasterCard announced pilot launch of a
distribution alliance with travel prepaid cards distributor Centrum. This partnership will
aid the distribution strength of the Bank for it's multicurrency prepaid card and will
largely target the corporate customers of the bank.

15. Reserve Bank of India new debt recast norms are credit positive for banks and will help
in reducing the gross non-performing asset levels by 30-100 basis points after one year,
report. "Implementation of the guidelines would help bridge the gap between the actual
expected losses and provisioning cover, therefore it would be a credit positive," domestic
rating agency Icra said in a report here.
Union Cabinet on Wednesday approved the takeover by State Bank of India of several
subsidiaries, a government official said, in a first move to consolidate the country's
struggling public sector banks. As earlier proposed, SBI was to take over five units that
had been run at arms-length, as well as state-run Bharatiya Mahila Bank, a bank for
women set up in 2013
State Bank of India is set to launch civil proceedings against promoters of defaulting
companies hoodwinking banks, as the nation's largest lender steps up efforts to clean up
its books. This will allow it to approach civil courts seeking the arrest of errant borrowers.
The Reserve Bank of India has thrown a lifeline for overleveraged companies and banks
to put an end to future bad loans by permitting capital restructuring which would see
banks taking equity in companies. But the plan comes with a lot of riders that limit scope
for promoters gaming the system, and banks don't sweep doubtful loans under the carpet.
In a big step towards resolution of bad loans, Indian banks, Reserve Bank of India and
the union finance ministry are discussing setting up two special funds to resurrect
troubled investments through equity infusion or more debt funds. The two funds proposed
are Stressed Assets Equity Fund and Stressed Assets Lending Fund.

16. LEGAL DISCLAIMER
This Document has been prepared by Ways2Capital (A Division of High Brow Market
Research Investment Advisor Pvt Ltd). The information, analysis and estimates contained
herein are based on Ways2Capital Equity/Commodities Research assessment and have
been obtained from sources believed to be reliable. This document is meant for the use of
the intended recipient only.
This document, at best, represents Ways2Capital Equity/Commodities Research opinion
and is meant for general information only. Ways2Capital Equity/Commodities Research,
its directors, officers or employees shall not in any way to be responsible for the contents
stated herein. Ways2Capital Equity/Commodities Research expressly disclaims any and
all liabilities that may arise from information, errors or omissions in this connection. This
document is not to be considered as an offer to sell or a solicitation to buy any securities
or commodities.
All information, levels & recommendations provided above are given on the basis of
technical & fundamental research done by the panel of expert of Ways2Capital but we do
not accept any liability for errors of opinion. People surfing through the website have
right to opt the product services of their own choices.
Any investment in commodity market bears risk, company will not be liable for any loss
done on these recommendations. These levels do not necessarily indicate future price
moment. Company holds the right to alter the information without any further notice. Any
browsing through website means acceptance of disclaimer.

17. DISCLOSURE
High Brow Market Research Investment Advisor Pvt. Ltd. or its associates does
not do business with companies covered in research report nor is associated in any
manner with any issuer of products/ securities, this ensures that there is no actual
or potential conflicts of interest. To ensure compliance with the regulatory body,
we have resolved that the company and all its representatives will not make any
trades in the market.
Clients are advised to consider information provided in the report as opinion only
& make investment decision of their own. Clients are also advised to read &
understand terms & conditions of services published on website. No litigations
have been filed against the company since the incorporation of the company.
Disclosure Appendix:
The reports are prepared by analysts who are employed by High Brow Market
Research Investment Advisor Pvt. Ltd. All the views expressed in this report herein
accurately reflects personal views about the subject company or companies & their
securities and no part of compensation was, is or will be directly or indirectly
related to the specific recommendations or views contained in this research report.
Disclosure in terms of Conflict of Interest:
(a) High Brow Market Research Pvt. Ltd. or his associate or his relative has no
financial interest in the subject company and the nature of such financial interest;
(b) High Brow Market Research Pvt. Ltd. or its associates or relatives, have no
actual/beneficial ownership of one percent or more in the securities of the subject
company,
(c) High Brow Market Research Pvt. Ltd. or its associate has no other material
conflict of interest at the time of publication of the research report or at the time of
public appearance;
Disclosure in terms of Compensation:
High Brow Market Research Investment Advisor Pvt. Ltd. policy prohibits its
analysts, professionals reporting to analysts from owning securities of any
company in the analyst's area of coverage.

18. Analyst compensation: Analysts are salary based permanent employees of High
Brow Market Research Pvt. Ltd.
Disclosure in terms of Public Appearance:
(a) High Brow Market Research Pvt. Ltd. or its associates have not received any
compensation from the subject company in the past twelve months;
(b) The subject company is not now or never a client during twelve months
preceding the date of distribution of the research report.
(c) High Brow Market Research Pvt. Ltd. or its associates has never served as an
officer, director or employee of the subject company;
(d) High Brow Market Research Pvt. Ltd. has never been engaged in market
making activity for the subject company.