Morning Tea 18-09-15

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Global View
India Update
Today’s Event/ Stock in News
Suven Life Sciences has secured two product patents from Canada and one product patent from China corresponding to its New Chemical
Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases and these Patents are valid through 2029 and 2030.
The granted claims of the patents include the class of selective alpha-4-beta-2 compounds discovered by Suven and are being developed as
therapeutic agents for major depressive disorder (MDD).
Technical Outlook : On daily chart, stock has given breakout of flag pattern at 239.20 levels with above average volume, which suggest sharp up
move can be seen in coming trading session. Moreover, prices are trading above 100 DEMA, which indicating that the short to long term trend
is up. The momentum indictor RSI has hovering around 60 levels on daily chart, which point out for positive breath in the stock. So for trading
perspective, one could Buy in the range of 241-243 for the Target of 246-249 with the SL of 238.
Life Insurance Corporation of India (LIC) continued to see a decline in individual new business premium during April-July, losing 7.4% market
share to private players. On an individual adjusted first year premium (APE) basis that gives full weightage to regular premium but takes into
account 10% of single premium, LIC's first year premium fell by 14% to Rs 5,386 crore during the four months ended July. Its market share on
APE basis stood at 52% during the 4 months of the current financial year compared with 59.4% during the corresponding period last year. LIC's
individual first year premium has been declining since product regulations kicked in from January 2014 due to the absence of a Unit-linked
insurance plan (Ulip) in its product portfolio when customer preference shifted towards Ulips with the stock markets reviving. To drive its
market share, LIC has launched its new Ulip product 'New Endowment Plus', last month. Private life insurers reported 17% growth during April-
July in individual first year premium at Rs 4,987 crore on the back of Ulip sales.
Technical Outlook: The stock prices have been taking support of horizontal trend line which placed at 440 levels on hourly chart. Furthermore,
Prices are trading above 100 DEMA which indicting short to long term trend is up. The Momentum indictor RSI has remained above 40 levels on
daily chart, which gives positive confirmation to the prices. So for trading perspective, one could buy in the range of 441-439 for the Target of
449-455 with the SL of 435.
SUVEN
LICHSGFIN
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Morning Tea
18th Sept 2015
Buy in the range of 441-439 with SL of 435 for the Target of 449-455
Buy in the range of 241-243 with SL of 238 for the Target of 246-249
Major Wall Street indexes gave up a 1-percent rally to end lower on Thursday after the Federal Reserve cited concerns about
global economic growth in its decision to hold off on raising interest rates. The US central bank held rates steady in a bow to
worries about the global economy, financial market volatility and sluggish inflation at home, but it left open the possibility of a
modest policy tightening later this year. The S&P financial index led the decline after being among the top performers throughout
the prior five sessions. Trading was extremely choppy after the Fed's 2 p.m. statement, with major US indexes swinging between
session highs and lows. The three major US indexes all rose more than 1 percent for a while during Fed Chair Janet Yellen's 2.30
p.m. press conference, but then retreated.
The India equity market may shrug off the negative news from Fed and open mildly higher. The market indicator SGX Nifty too is
trading in the green with 23 points up at around 7963 around 7.30 am in the morning. Asian shares outside Japan mostly
rebounded early Friday, recovering from early losses after the Federal Reserve cited concerns about global economic growth in
its decision to hold off on its first rate hike in nearly a decade. There was no move by the US Federal Reserve on interest rates as
Fed Chair Janet Yellen said global conditions are having an impact on the FOMC's decision making process.

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Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
18th Sept 2015
Security in Ban
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Corporate Action:
Jai Corp Limited; Annual General Meeting/ Dividend - Re 0.50/- Per Share.
Emco Limited; Annual General Meeting/ Dividend - Re 0.10/- Per Share.
Aarti Industries Limited; Annual General Meetin/ Dividend - Rs 1.75/- Per Share.
Astec LifeSciences Limited; Annual General Meeting/ Dividend - Rs 1.25/- Per Share.
Vadilal Industries Limited; Annual General Meeting/ Dividend - Re 1/- Per Share.
Ujaas Energy Limited; Annual General Meeting/ Dividend - Re 0.05/- Per Share.
Gulf Oil Corporation Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share.
Skipper Limited; Annual General Meeting/ Dividend - Rs 1.30/- Per Share.
Brigade Enterprises Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share.
HT Media Limited; Dividend - Re 0.40/- Per Share.
Aditya Birla Chemicals (India) Limited; Dividend - Rs 5/- Per Share.
Max India Limited; Annual General Meeting/ Dividend - Re 1/- Per Share.
Action Construction Equipment; Annual General Meeting/ Dividend - Re 0.20/- Per Share.
Power Finance Corporation; Annual General Meeting/ Dividend - Re 0.60/- Per Share.
Ramco Industries Limited; Annual General Meeting/ Dividend - Re 0.30/- Per Share.
Heritage Foods Limited; Annual General Meeting/ Dividend - Rs 3/- Per Share.
Petronet LNG Limited; Annual General Meeting/ Dividend - Rs 2/- Per Share.
Puravankara Projects Limited; Dividend - Rs 1.55/- Per Share.
KRBL Limited; Annual General Meeting/ Dividend - Rs 1.70/- Per Share.
Nitin Spinners Limited; Annual General Meeting/ Dividend - Re 1/- Per Share.
Relaxo Footwears Limited; Annual General Meeting/Dividend Re 0.50 Per Share.
TD Power Systems Limited; Annual General Meeting/ Dividend - Rs 2.645/- Per Share.
Balaji Amines Limited; Annual General Meeting/ Dividend - Rs 1.20/- Per Share.
Gujarat State Petronet Limited; Annual General Meeting/ Dividend - Rs 1.20/- Per Share.
Sr.No Deal Date Security Code Security Name Client Name Deal Type Quantity Price
1 16/09/2015 532343 TVSMOTOR TVS MOTOR HARITA EMPLOYEES WELFARE FOUNDATION PRIVATE LIMITEDS 3,492,336 231.48
2 16/09/2015 538962 MINDACORP ALMIGHTY INTERNATIONAL PTE. LTD S 1,350,000 71.00
3 16/09/2015 538962 MINDACORP MINDA CAPITAL LIMITED B 1,350,000 71.00
4 16/09/2015 526735 EXCAST BP FINTRADE PRIVATE LIMITED S 746,883 7.66
5 16/09/2015 532614 IMPEXFERRO SPRINGTIME ENGINEERING PRIVATE LIMITED B 692,450 2.08
6 16/09/2015 532614 IMPEXFERRO MEGMA LOGISTICS PRIVATE LIMITED S 440,000 2.08
7 16/09/2015 532172 SPHEREGSL RAVIKAANTH PORTFOLIO SERVICES PRIVATE LIMITED S 434,266 32.10
8 16/09/2015 526735 EXCAST BP COMTRADE PVT LTD S 380,025 7.65
9 16/09/2015 526735 EXCAST JMP SECURITIES PVT LTD S 302,002 7.67
10 16/09/2015 526735 EXCAST LODARIYA VARSHA JIGNESH B 220,000 7.67
AMTEKAUTO & CENTURYTEX

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Research Team
Mr. Sumeet Bagadia Associate Director
Kunal Parmar Research Associate
Ritesh Patel Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
18th Sept 2015
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website