HDFC Bank reported a 20.12% rise in net profit to Rs. 3356.84 crore for the third quarter of FY2016, compared to Rs. 2794.51 crore in the same quarter of the previous year. Total income increased 22.45% to Rs. 18283.31 crore. Gross NPAs improved to 0.97% while net NPAs stood at 0.29%. The document provides a technical analysis of HDFC Bank and HCL Technologies stocks, recommending buy ranges and targets. It also lists recent corporate actions and upcoming quarterly earnings results.

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Global View
India Update
Today’s Event/ Stock in News
HDFC Bankhasregistered arise of 20.12% in its net profit at Rs3356.84 crore for third quarter ended December 31, 2015 as compared to
Rs 2794.51 crore for the same quarter in the previous year. Total income of the bank has increased 22.45% at Rs 18283.31 crore for
Q3FY16 as compared Rs 14930.74 crore for the corresponding quarter previous year. Gross non-performing assets (NPAs) improved to
0.97%intheOctober-Decemberquarterasagainst0.99%inthesamequarterpreviousyear,whilenetNPAsstoodat0.29%.
TechnicalOutlook:Onhourlychart,stockhasbeentradingaboveits50HoursMovingAveragewhichisplacedat1032 level,whichshows
that near term intraday trend is up. Even stock has given positive breakout of its neck line of Inverse Head & Shoulder pattern which is a
bullishreversalpatternandindicatingforupsidemovement.Amomentumindicatorreadingisat58.90 levelwithpositivecrossover,which
point out for positive breath in the stock. so for trading perspective, one could Buy in the range of 1035-1041 for the Target of 1062 with
theSLof1024.
HDFC BANK
HCL TECH
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Morning Tea
27th Jan 2016
Buy in the range of 835-839 for the Target of 856 with the SL of 826
Buy in the range of 1035-1041 for the Target of 1062 with the SL of 1024
Indian global IT services company HCL Technologies Ltd on Monday said it has entered into an IT infrastructure partnership with Alstom, a
world leader in the supply of the most complete range of systems, equipment and services in the railway sector. HCL will leverage its IT
infrastructure capabilities to provide workplace engineering services, roll out PC as a Service (PCaaS) for 30,000 users worldwide and will
enablelocalend-usersupportservicesacross360locationsin62countries,thecompanysaidinafilingtotheBSEonJanuary25,2016.
Technical Outlook : On hourly chart, stock has been trading with positive crossover of 50*100 HMA which shows that stock is in uptrend
and could further accelerates its upside movement from the present level. Even stock has been trading in a higher top higher bottom
formation where recently stock is trading near to lower band of formation form where bounce back is expected. A daily momentum
indicator RSI reading is at 48.90 level with positive crossover which point out for positive out for breath in the stock. So for trading
perspective,onecouldBuyintherangeof835-839fortheTargetof856withtheSLof826.
U.S. stock markets pointed to a higher open on Tuesday, with the Dow futures erasing a triple-digit loss as oil prices battled back to return
above the $30-a-barrel level. The blue-chip Dow futures inched up 25 points, or 0.15%, by 12:00GMT, or 7:00AM ET, after being down
more than 100 points earlier. The S&P 500 futures tacked on 6 points, or 0.29%, while the Nasdaq 100 futures rose 9 points, or 0.2%. Oil
pricesturnedhigherinNorthAmericatradeonTuesday,after fallingbelowthe$30-levelovernight,astraderscoveredshortpositionsamid
speculationOPECandnon-OPEC producersmaybeedging closer toadeal to cutproductioninanefforttostemthe persistentslumpin oil
prices.
After achoppyMonday withapositiveclosing,Niftyislikelytoopeningreenfor trade onWednesday.SGXNiftywastradingat7,436 level,
up 13 points at 7:49 AM. In earnings, HDFC will report its third quarter numbers today. As per a CNBC-TV18 poll, the net interest margins
(NII) will be at near 8.3 percent and profits could rise 10 percent. Asian markets bounced back strongly today to make up for losses on
Tuesday. However, Shanghai market hit its lowest level since December 2014. In US, Wall Street rose aided by bounce in oil prices and
positive earnings. All eyes will be on the Federal Reserve’s meet today. The federal open committee kicked off its two-day meeting on
Tuesdayandisscheduledtoreleaseitsfirststatementtoday.

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Bulk Deal
Corporate Action / Result Calendar
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Morning Tea
Corporate Action:
Max India Limited; Scheme Of Arrangement,
HCL Technologies Limited; Interim Dividend Rs 6/- Per Share (Purpose Revised)
Result Calendar:
BEL, COLPAL, GNFC, GODREJCP, GRAPHITE, GUJNRECOKE, HAVELLS, HDFC, HEG, HTMEDIA,
IDFCBANK, INFRATEL, JUSTDIAL, KAJARIACER, KIRLOSENG, KPRMILL, LGBROSLTD, MIRZAINT,
NEYVELILIG, NOCIL, POWERGRID, SHANTIGEAR, SKSMICRO, TATACOFFEE, UNITDSPR.
27th Jan 2016
Security in Ban
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Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 25/01/2016 526506 SYSTMTXC TRINITY INVESTMENTS PVT LTD S 464998 18.50
2 25/01/2016 526506 SYSTMTXC SUPERSTAR EXPORTS PRIVATE LIMITED B 464998 18.50
3 25/01/2016 506852 PACL DELHI IRON AND STEEL COMPANY PRIVATE LIM S 348402 11.96
4 25/01/2016 538566 POTENTIAL RANJIT KUMAR S 218340 13.21
5 25/01/2016 532942 KNRCON COPTHALL MAURITIUS INVESTMENT LIMITED B 195356 500.00
6 25/01/2016 538566 POTENTIAL RAHUL GUPTA B 192383 13.21
7 25/01/2016 534422 LOOKS TIRUPATI TRADE & FINANCE COMPANY B 185500 27.00
8 25/01/2016 534422 LOOKS GOSWAMI INFRATECH PRIVATE LIMITED S 184100 27.00
9 25/01/2016 524634 ALUFLUOR RAMACHANDRA RAO NEMANI S 181360 20.40
10 25/01/2016 532442 MWTEXX UNION BANK OF INDIA S 175000 3.74
IBREALEST, JETAIRWAYS, JPASSOCIATE, RELINFRA & UNITECH

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Morning Tea
27th Jan 2016
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