2
For private circulation only May 2017 Issue:II Vol: 50 KNOWLEDGE POWER. WEALTH ENHANCER Stock Picks INR Fund Picks ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ S��: N��: D�� J�: N��: USD/INR: G��: O��: Company Name Performance as on 18/05/17 3Yr Returns (CAGR) 5Yr Company Name (June future contract) (June future contract) CPM (Rs) Target (Rs) UPL Ltd 804 887 Apollo Tyres Ltd. 231 271 Transport Corp of India Ltd 242 280 Global: India: MARKET UPDATE UAE Round Up The UAE participated in the first discussion sessions on trade and investment between the Gulf Cooperation Council for Arab States, GCC, and the European Union, EU, which concluded on Wednesday at the headquar- ters of the GCC General Secretariat in Riyadh. Profitability of UAE banks continues to be under pressure, largely driven by conserva- tive lending, although liquidity and risk metrics have been improving over the last 12 months, according to a new report 30,464.92 9,427.90 20,804.84 6,083.70 64.46 $1,253.60 $50.33 YOUR TRUSTED PARTNER IN WEALTH CREATION INDIAN & INTERNATIONAL MARKETS # # # # # # # # Sundaram Select Midcap Midcap 29.89 28.01 SBI BlueChip Fund-Reg Largecap 19.18 21.52 Reliance Equity Oppo Flexicap 16.51 18.96 Birla SL Frontline Equity Largecap 16.17 20.62 Earn Invest Save Let your Money work hard for you EQUITIES MUTUAL FUNDS DGCX REAL ESTATE Index Started Week Ended Week Change Change% YTD % DJIA 20896.61 20804.84 -91.77 -0.4 5.3 Nasdaq 6121.23 6083.70 -37.53 -0.6 13.0 S&P 500 2390.90 2381.73 -9.17 -0.4 6.4 After opening the week with a record-high close, equities took a hit in the midweek session after an article in the New York Times highlighted a potential obstruction of justice move by President Trump. However, the bulk of Wednesday's loss was retraced in the second half of the week as a ‘buy the dip' mentality set in. The major averages ended the second session of the week little changed, but a solid performance from mega-cap names like Microsoft (MSFT) and Amazon (AMZN) pushed the Nasdaq to another record high. Led by NVIDIA (NVDA), chipmakers also underpinned the tech-heavy Nasdaq with the PHLX Semiconductor Index adding 1.5% for the second day in a row. On Wednesday, equities suffered their worst one-day decline since September following a New York Times article that claimed President Trump asked former FBI Director James Comey to shut down the Bureau's investigation of former National Security adviser Michael Flynn. The allegation forced Wall Street to come to a quick realization that President Trump's pro-growth agenda items (i.e. tax reform, deregulation, and infrastructure spending) might not come to fruition as quickly as envisioned or perhaps not at all. The S&P 500 settled Wednesday's session with a loss of 1.8%. However, the bearish sentiment didn't last long as investors ‘bought the dip' on Thursday. Underpinned by the semiconductor and biotechnology industries, the S&P 500 advanced 0.4% on Thursday in the face of a Reuters report that the Trump campaign might have had at least 18 undisclosed contacts with Russian officials and others with Kremlin ties leading up to, and after, the U.S. presidential election Crude oil came back into focus once again, jumping 2.0% to $50.33/bbl, following reports that top oil producers will consider increasing the size of the OPEC/non-OPEC production cut when they meet on May 25. Nifty lost momentum after touching the historic peak of 9533 in Wednesday’s trade, even as selling pressure dragged the index towards 9400 levels. India’s consumer inflation during April declined sharply to 3% from 3.9% in the prior month. The base year for calculating inflation has changed from 2010 to 2012, with effect from the month of January 2015. CPI levels for April in rural and urban areas are reported at 3.02% and 3.03% respectively. Food inflation has witnessed a sharp dip, with Consumer food price index reported at 0.6% (YoY), when compared with 2.0% rise during the previous month. The Goods and Service Tax (GST) has been a topic of discussion since quite a few days given its impact on various companies. Following the last GST meeting and its outcome, the stocks of FMCG and Power compa- nies reacted positively on the indices. A large number of items that we use in our day-to-day lives have been kept under the 12% and 18% slab rate. This is going to have an impact on each and every individual. Trade on Over 100 markets, across 24 countries from Single Trade login

CPM (Rs) Global · Dubai: Tel: +971 4 3060900 Abu Dhabi: Tel: +971 2 4125000 Sharjah: Tel: +971 6 5932000 Al Ain: Tel: +971 3 7648100 NRI The first Dirham released ed the watermark

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Page 1: CPM (Rs) Global · Dubai: Tel: +971 4 3060900 Abu Dhabi: Tel: +971 2 4125000 Sharjah: Tel: +971 6 5932000 Al Ain: Tel: +971 3 7648100 NRI The first Dirham released ed the watermark

For private circulation only

May 2017 Issue:II Vol: 50

KNOWLEDGE POWER . WEALTH ENHANCER

Stock Picks

INR Fund Picks

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

S�����: N����: D�� J����: N�����: USD/INR: G���: O��:

Company Name

Performance as on 18/05/17

3Yr Returns (CAGR)

5Yr

Company Name

(June future contract) (June future contract)

CPM (Rs) Target (Rs)

UPL Ltd 804 887

Apollo Tyres Ltd. 231 271

Transport Corp of India Ltd 242 280

Global:

India:

MARKET UPDATE

UAE Round Up

The UAE participated in the �rst discussion sessions on trade and investment between the Gulf Cooperation Council for Arab States, GCC, and the European Union, EU, which concluded on Wednesday at the headquar-ters of the GCC General Secretariat in Riyadh.

Pro�tability of UAE banks continues to be under pressure, largely driven by conserva-tive lending, although liquidity and risk metrics have been improving over the last 12 months, according to a new report

30,464.92 9,427.90 20,804.84 6,083.70 64.46 $1,253.60 $50.33

YOUR TRUSTED PARTNER IN WEALTH CREATION

INDIAN & INTERNATIONAL MARKETS

#

#

#

#

#

#

#

#

Sundaram Select Midcap Midcap 29.89 28.01

SBI BlueChip Fund-Reg Largecap 19.18 21.52

Reliance Equity Oppo Flexicap 16.51 18.96

Birla SL Frontline Equity Largecap 16.17 20.62

Earn InvestSave

Let your Money work hard for you

EQUITIES MUTUAL FUNDS DGCX REAL ESTATE

Index Started Week Ended Week Change Change% YTD %

DJIA 20896.61 20804.84 -91.77 -0.4 5.3

Nasdaq 6121.23 6083.70 -37.53 -0.6 13.0

S&P 500 2390.90 2381.73 -9.17 -0.4 6.4

After opening the week with a record-high close, equities took a hit in the midweek session after an article in the New York Times highlighted a potential obstruction of justice move by President Trump. However, the bulk of Wednesday's loss was retraced in the second half of the week as a ‘buy the dip' mentality set in. The major averages ended the second session of the week little changed, but a solid performance from mega-cap names like Microsoft (MSFT) and Amazon (AMZN) pushed the Nasdaq to another record high. Led by NVIDIA (NVDA), chipmakers also underpinned the tech-heavy Nasdaq with the PHLX Semiconductor Index adding 1.5% for the second day in a row.

On Wednesday, equities su�ered their worst one-day decline since September following a New York Times article that claimed President Trump asked former FBI Director James Comey to shut down the Bureau's investigation of former National Security adviser Michael Flynn.

The allegation forced Wall Street to come to a quick realization that President Trump's pro-growth agenda items (i.e. tax reform, deregulation, and infrastructure spending) might not come to fruition as quickly as envisioned or perhaps not at all. The S&P 500 settled Wednesday's session with a loss of 1.8%. However, the bearish sentiment didn't last long as investors ‘bought the dip' on Thursday.

Underpinned by the semiconductor and biotechnology industries, the S&P 500 advanced 0.4% on Thursday in the face of a Reuters report that the Trump campaign might have had at least 18 undisclosed contacts with Russian o�cials and others with Kremlin ties leading up to, and after, the U.S. presidential election

Crude oil came back into focus once again, jumping 2.0% to $50.33/bbl, following reports that top oil producers will consider increasing the size of the OPEC/non-OPEC production cut when they meet on May 25.

Nifty lost momentum after touching the historic peak of 9533 in Wednesday’s trade, even as selling pressure dragged the index towards 9400 levels.

India’s consumer in�ation during April declined sharply to 3% from 3.9% in the prior month. The base year for calculating in�ation has changed from 2010 to 2012, with e�ect from the month of January 2015. CPI levels for April in rural and urban areas are reported at 3.02% and 3.03% respectively. Food in�ation has witnessed a sharp dip, with Consumer food price index reported at 0.6% (YoY), when compared with 2.0% rise during the previous month.

The Goods and Service Tax (GST) has been a topic of discussion since quite a few days given its impact on various companies. Following the last GST meeting and its outcome, the stocks of FMCG and Power compa-nies reacted positively on the indices. A large number of items that we use in our day-to-day lives have been kept under the 12% and 18% slab rate. This is going to have an impact on each and every individual.

Trade on Over

100 markets,

across 24

countries from

Single Trade

login

Page 2: CPM (Rs) Global · Dubai: Tel: +971 4 3060900 Abu Dhabi: Tel: +971 2 4125000 Sharjah: Tel: +971 6 5932000 Al Ain: Tel: +971 3 7648100 NRI The first Dirham released ed the watermark

DGCX Single Stock Futures (SSF) is the first International equity futures product in the Middle East. It provides a proxy to the price performance of global blue chip shares. Participants can replicate their trading and investment strategies using contracts that are traded on the DGCX platform and settled in cash.DGCX SSF caters to the need of speculators and investors seeking offshore exposure to blue chips stocks.

All About

SSFSingle Stocks Future

REAL ESTATE ROUND UP

Dubai: Tel: +971 4 3060900 Abu Dhabi: Tel: +971 2 4125000 Sharjah: Tel: +971 6 5932000 Al Ain: Tel: +971 3 7648100

www.barjeel.ae

NRI

The first Dirham

banknote released

in 1973 displayed

the watermark of

Arabian Horse,

which was later

changed to Falcon.

FOREIGN – Securities Promotion | Shares & Bonds Broker DGCX (Broker / Clearing Member): License No.: 607007 A SCA Regulated Company

INVESTMENT IDEA

QUIZ

It’s

Time20.05.01

What is the minimum denomination of Treasury Bills to Issue in India ?

Share the answer at [email protected]

The answer to the question along with the Winners Name will be published in the next issue of Market Digest. All the best!

SSF CONTRACT USES:

Bank Account?

Disclaimer:(I) Investments in Financial instruments are subject to market risks, please read the relevant risk disclosure documents before investing.(II) Past performance does not guarantee returns in the future.(III) Barjeel Geojit Securities LLC (Barjeel Geojit) does not offer any products with guaranteed returns.(IV) You are aware and agree that your personal information provided by you through this document and or any other means such as website, social media, campaigns, etc. will be used by Barjeel Geojit for regulatory and business purposes.You permit Barjeel Geojit to update you the new offerings, changes and developments in the product offerings and regulatory environment(V) Barjeel Geojit does not sell personal data to third parties and all reasonable steps are taken to ensure strict confidentiality.(VI) Barjeel Geojit facilitates you to trade in the Indian Stock Market with Geojit Financial Services Limited. All your trade dealings, rights / obligations as an investor, rights / obligations to remedies in NSE and BSE executed through Geojit Financial Services Limited will be governed by the prevailing relevant rules and regulation in India and dealt with by Geojit Financial Services Limited.

Trade the volatility of Global StocksTurn your stock market views into profitsGo short (sell) and profit from a downward price movementReplicate Pair trade strategies using highly correlated SSFTrade Calendar spreads at zero margins

SSF FEATURES:Trade Global Stocks via DGCX PlatformHarmonised Contract SpecificationsNo foreign exchange risk on the underlying equityUS $ denominated; Cash SettledRetail sized stock futures for ease of tradeCompetitive transaction costs, optimal leverageNo Transaction Tax and Zero Capital Gains taxKeep your money locally while you trade international stocks

Answer to the last quiz, Q. Money Lent for more than one day but less than 15 days in the money market is known as? NOTICE MONEY

Own your desirable freehold Luxury Villas, Quad Homes, Water front villas, Forest Villas and Park & Pool facing Luxury apartments. Residents will have easy access to various attractions across Dubai such as: • Meydan Racecourse; home of the world’s richest horse race • District One 8.4KM cycling and running track • Dubai International Financial Centre • Dancing and water fountains • World’s longest indoor ski slope • Dubai Country Club • Dubai Equestrian Centre • Dubai One Tower; World’s tallest residential tower • Ras Al Khor Wildlife sanctuary • Residents will also have easy access to the Dubai Canal and Metro

NRIs can own in India two types of bank accounts with repatriation rights —

1. Non Resident External (NRE) 2. Foreign Currency Non Resident (FCNR). The third account is Non-Resident Ordinary (NRO), which is non-repatriable except for some types of income and capital receipts.

The NRE account is maintained in Indian rupees and the FCNR in foreign currencies. The interest on NRE and FCNR is free from Indian taxes. These accounts can be opened and maintained by remitting funds through normal banking channels in freely convertible currency from abroad or by transfer of funds from other NRE or FCNR accounts.

NRO account mostly consists of funds owned by the holder of the account when he was a Resident in India.

Persons who have gone abroad for employment or business are treated as NRIs by FEMA and are entitled to open NRI-related accounts.

The interest on NRE and FCNR is free from Indian taxes. However, just as global income of a Resident Indian is taxable in India (with DTAA relief ), the global income of a PIO may be taxable in his host country.

Choose your best Investment options from us

Kindly post your queries if any here. We will get back to you soon. [email protected]

Thank you for the quick responses. The first two right answers of the quiz were given by:Mr. AK Prakashan &Mr. Sawe Vipul Congra

tulations!