LICHSGFIN- Buy in the range of 477-480 for the Target of 490 with the SL of 472 INDUSINDBK- Buy in the range of 928-933 for the Target of 952 with the SL of 918

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Global View
India Update
Today’s Event/ Stock in News
LIC Housing Finance will acquire 19.3 percent stake in LIC Nomura Mutual Fund Asset Management Company for Rs 27 crore. Besides, the
companywillalsobuystakeofasimilarpercentageinLICNomuraFundTrusteeCompanyforaboutRs1.5lakh.Boththeproposalswereapproved
atitsboardmeetingheldonDecember15,2015.LICHousingFinanceisoneofthelargestHousingFinancecompanyinIndia.Themainobjectiveof
the Company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and
renovationofexistingflat/houses.
TechnicalOutlook:Ondailychart,thestockhasmanagedtocloseaboveits21and50DMAwhichisplacedat469.40&468.80respectively,which
shows that near to medium term trend is up. Moreover, volume is also gradually increasing along with rise in price, which indicates for healthy
buying activity. A momentum indicator RSI reading is at 55.65 level with positive crossover, which point out for positive breath in the stock. so for
tradingperspective,onecouldBuyintherangeof477-480 fortheTargetof490 withtheSLof472
LICHSGFIN
INDUSINDBK
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
17th Dec 2015
Buy in the range of 928-933 for the Target of 952 with the SL of 918
Buy in the range of 477-480 for the Target of 490 with the SL of 472
IndusInd Bank has inaugurated a new branch in Indore, the business and trading capital of the state. The new branch is located at Ground Floor,
‘Shirish Chambers’,25/1, Yashwant Niwas Road,Shivshakti Nagar,Indorein MadhyaPradesh.With the inaugurationofnew branch, the banknow
has 3 branches in Indore and 51 branches in Madhya Pradesh state. The Bank plans to further strengthen its presence and customer reach in
Madhya Pradesh with more branches in the coming quarters. The increase in new branch will allow more number of customers to avail Induslnd
Bank's unique customer propositions along with full range of services ranging from Saving & Current Accounts, Loan products to Wealth
ManagementandCreditcards.InnovativefacilitiessuchasVideoBranch,MyAccount,MyNumber,ChoiceMoneyATM,DirectConnect,Checkon
ChequeandCashonMobile.
TechnicalOutlook:Ondailychart,thestockhasmanagedtocloseaboveits21and50DMAwhichisplacedat927.40&924.10respectively,which
shows that near to medium term trend is up. Moreover, stock has given close above the high of Spinning Top’s candlestick which it formed day
before yesterday, which is a bullish reversal sign. A momentum indicator RSI reading is at 53.00 level with positive crossover, which point out for
positivebreathinthestock.sofortradingperspective,onecouldBuyintherangeof928-933 fortheTargetof952withtheSLof918.
US stocks closed higher after the Federal Reserve raised rates for the first time in nearly a decade. Only the energy sector lagged as oil prices
resumed their decline. The major averages extended gains after Fed Chair Janet Yellen said in a press conference that policy would remain
accommodative and that the significance of the first hike should not be overblown. Oil traded lower Wednesday after two days of recovery from
near-seven-year-lows.UScrudeoilfuturessettledatUSD35.52abarrel.
After having a widespread cautious sentiment on Wednesday, the Indian equity market is likely to open in the green today. The SGX Nifty, an
indicator of the market opening, was trading at 7779.50, up 19.50 points at 7:30 am. On the global front, the US Federal Reserve hiked its
benchmarkinterestrateby0.25percentforthefirsttimeinadecade.Themove,closelywatched,acrosstheglobeisseenasadovishcommentary
byFedchairperson JanetYellen.Yellensaid theFed'smonetarypolicyremains"accommodative"andtherewillbea"gradual"increaseinFedfund
rates.

2. SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
Corporate Action:
SMS Pharmaceuticals Limited; Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re
1/- Per Share
Gujarat Gas Limited; Dividend-Rs 5 Per Share
eClerx Services Limited; Bonus 1:3
Sadbhav Infrastructure Project Limited; Annual General Meeting
HCL Technologies Limited; Annual General Meeting
Orbit Corporation Limited; Annual General Meeting
UB Engineering Limited; Annual General Meeting
Visa Steel Limited; Annual General Meeting
Aftek Limited; Annual General Meeting
Result Calendar:
ALOKTEXT, GAMMONIND & MYSPAPE.
17th Dec 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 16/12/2015 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED B 2981546 0.74
2 16/12/2015 534060 PMCFIN VIBRANT SECURITIES PRIVATE LIMITED S 2681546 0.74
3 16/12/2015 534060 PMCFIN SEABIRD RETAILS PRIVATE LIMITED S 2600411 0.75
4 16/12/2015 534060 PMCFIN SONICTOWN COMPRIVATE LIMITED B 2500000 0.75
5 16/12/2015 534741 VIRTUALG MANI ENTERPRISE S 2450000 11.01
6 16/12/2015 534741 VIRTUALG MALVI AND CO B 2450000 11.48
7 16/12/2015 534060 PMCFIN SONICTOWN COMPRIVATE LIMITED S 1400000 0.74
8 16/12/2015 512048 SMIL DHANISHKUMAR j JAIN S 687541 0.84
9 16/12/2015 512048 SMIL PRAVINKUMAR NANUBHAI PADSALA B 680000 0.84
10 16/12/2015 532413 CEREBRAINT HANSA DHIRENDRA SHAH S 506323 25.39
IBREALEST, JISLJALEQS, JPASSOCIATE and UNITECH

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Morning Tea
17th Dec 2015
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