1) US stocks rose as investors bet that President-elect Trump's plans to boost infrastructure, ease regulations and cut taxes will help the economy. The Fed is expected to raise interest rates in December. 2) Japanese stocks rose on a weaker yen and following gains in the US market. Asian markets pulled back facing the prospect of higher US interest rates. 3) The Indian market is expected to open lower tracking declines in Asian indices. Yes Bank waived debit card charges and companies announced dividends, buybacks, and stake purchases.

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Morning Tea
24th Nov 2016
 US Market:
Bets that President-elect Donald Trump's plans to boost infrastructure spending, ease regulations and reduce taxes
have lifted industrials as well as financials and other sectors since the vote. Stocks had little reaction to minutes from
the latest Federal Reserve meeting, which showed policymakers appeared confident on the eve of the U.S. election on
Nov. 8 that the economy was strengthening enough to warrant interest rate increases soon. Expectations among
investors remained high that the Fed will raise rates in December. Volume was lighter than usual, with many market
participants heading out early ahead of the US Thanksgiving Day holiday on Thursday. The U.S. stock market will be
closed on Thursday and will close early on Friday. The Dow Jones industrial average rose 59.31 points, or 0.31 percent,
to end at 19,083.18, while the S&P 500 gained 1.78 points, or 0.08 percent, to 2,204.72 and the Nasdaq Composite
dropped 5.67 points, or 0.11 percent, to 5,380.68.
 Asian Market:
Japanese stocks rose to a near 11-month high on Thursday on a weaker yen and after Wall Street shares closed at
record highs overnight, while the dollar's bull run continued as upbeat economic data took US bond yields to multi-year
highs. The dollar index was at 101.76 , not far from 101.91 touched overnight, its highest since March 2003. Japan's
Nikkei was up 1.1 percent, touching its highest level since early January. MSCI's broadest index of Asia-Pacific shares
outside Japan pulled back from a 12-day high scaled the previous day to dip 0.2 percent facing the prospect of higher
US interest rates diverting money from emerging markets. Australian shares shed. 0.1 percent and South Korea's Kospi
was also down 0.1 percent. The Indian equity market is expected to open gap down today tracking Asian indices. SGX
Nifty is trading at 7969 Don by 39.50 points.
 Yes Bank waives MDR charges for all debit card transaction
 Rallis India signed agreement to increase stake in Zero Waste Agro
– Organics to 100%
 Infosys to invest Rs31.6cr in Stellaris Venture Partners
 NBCC executed MoUs with Rosinformexport, Dept for International
Development of India and ITI
 Cadila - 20,000 bottles of anti-depressant recalled in US: BS
 ARVIND Buy in Range of 343-345 for Target 352 with SL of 339
On daily chart, stock has trading above strong horizontal support which confluence zone with 20 simple Weekly Moving
Averages and upward sloping trend line. Yesterday, we got conformation of bullish reversal candlestick pattern which is
homing pigeon. Apart from this, a momentum indicator RSI is reading at 41 with positive cross over which point out for
positive breath in the stock. So for trading perspective, one could Buy in Range of 343-345 for Target 352 with SL of 339.
 BHEL Sell in range of 125-127 for Target of 120 with SL of 130
On daily chart, stock has given breakout of its strong support of 130 level, a level from which stock gave good bounce back
in past. Moreover, stock has been trading below its 200 day moving average which is placed at 139.40 level which shows
that near to medium term trend is down. A momentum indicator RSI reading is at 34.85 level with negative crossover
which point out for negative breath in the stock. So for trading perspective, one could Sell in range of 125-127 for Target
of 120 with SL of 130.
Stock in News
Global Update
As per Yester’s
Morning Tea,
HINDUNILVR Up by 1.83%

2. Astral Poly Technik Limited; Interim Dividend Re 0.20 Per Share (Purpose Revised)
Vidhi Dyestuffs Manufacturing Limited; Interim Dividend Re 0.20 Per Share
Aurobindo Pharma Limited; Interim Dividend Rs 1.25 Per Share
Navneet Education Limited; Buy Back
Procter & Gamble Hygiene and Health Care Limited; Dividend Rs 36/- Per Share
Precision Wires India Limited; Interim Dividend Rs 1.25 Per Share
UB Engineering Limited; Annual General Meeting
Result Calendar:
ABFRL, ADVNCMIC, ESCORTSFIN, FLEXFO, JINDALPOLY, KGL, MANPASAND, OPTOCIRCUI &
SUVEN.
SEBI Registered – Research Analyst www.choicebroking.in * Please Refer Disclaimer on Website
Morning Tea
24th Nov 2016
Corporate Action / Result Calendar
IBREALEST
Sr. No. Deal Date Script Code Security Name Client Name Deal Type Quantity Price
1 23/11/2016 530977 KATWAUD KATWA INFOTECH LIMITED B 1279084 81.33
2 23/11/2016 532711 SUNILHITEC VIGRAH TRADING PRIVATE LIMITED . S 825609 168.38
3 23/11/2016 532711 SUNILHITEC VIGRAH TRADING PRIVATE LIMITED . B 799439 167.75
4 23/11/2016 530977 KATWAUD DEEPAK HANMANTSA KATWA S 323596 81.83
5 23/11/2016 530977 KATWAUD VILAS HANMANTSA KATWA S 323490 81.83
6 23/11/2016 530977 KATWAUD KATWA ROOPA VENKATESH S 251350 82.00
7 23/11/2016 532711 SUNILHITEC CHETAN RASIKLAL SHAH B 219948 167.28
7 23/11/2016 523694 APCOTEXIND ABHIRAJ ATUL CHOKSEY (HUF) S 200000 307.00
7 23/11/2016 523694 APCOTEXIND SALDHAR INVESTMENTS AND TRADING COMPA B 200000 307.00
7 23/11/2016 530977 KATWAUD VENKATESH HANMANTSA KATWA S 199650 77.56
Security in Ban
Bulk Deal

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Morning Tea
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Mr. Sumeet Bagadia Associate Director
Kkunal Parar Sr. Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Kapil Shah Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
www.choicebroking.incustomercare@choiceindia.com
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Instrument (s): - No.
24th Nov 2016
Kkunal Parar
Digitally signed by Kkunal Parar
DN: cn=Kkunal Parar, o=Choice Equity
Broking Pvt Ltd., ou=Research Dept.,
email=kkunal.parar@choiceindia.com,
c=IN
Date: 2016.11.24 08:41:36 +05'30'