Market Outlook: Indian markets likely to be on the flat in negative note taking mixed earning. Tracking the momentum, markets should hold above 8320 level which acts as a major support near 8350 and resistance is near 8480-8500 in near terms.

Results today: , Goa Carbon, Gruh Finance, IL&FS Transportation

Global Market: Asian markets are lower as the British pound fell more than 1 percent on fears preparing the United Kingdom is ready for a hard exit from the European Union. The British pound tumbled from levels above USD 1.2176 to about USD 1.2036 Monday morning during Asian hours. The euro gained against the pound, climbing to 0.8824, from levels near 0.8720. The Shanghai Composite and Shenzhen Composite dropped over 1 percent, while Hong Kong’s Hang Seng declined 0.7 percent.

Stocks in action for the day: Fortis, CoalInd, DHFL, SicalLog, DCB.

MCX Q3 -Net profit up 93.7 percent at Rs 33.9 crore versus Rs 17.5 crore (YoY) - Total income up 20.4 percent at Rs 68.6 crore versus Rs 57 crore (YoY) -EBITDA down 4 percent at Rs 19.3 crore versus Rs 20.1 crore (YoY) -EBITDA margin at 28.1 percent versus 35.3 percent (YoY) -Other income up 53.7 percent at Rs 31.2 crore versus Rs 20.3 crore (YoY)

DCB Bank Q3 -Net profit up 25 percent at Rs 51 crore versus Rs 41 crore (YoY) - NII up 31 percent at Rs 209 crore versus Rs 160 crore (YoY) -Gross NPA at 1.55 percent versus 1.75 percent (QoQ) -Net NPA at 0.74 percent versus 0.84 percent (QoQ) -Deposits up 33.7 percent at Rs 18,840 crore versus Rs 14,083 crore (YoY) -Net interest margin at 3.95 percent versus 3.96 percent (YoY) -DCB Bank capital adequacy ratio at 13.33 percent as on December 31, 2016

Network18 Q3 -Consolidated net loss at Rs 79.8 crore versus profit of Rs 50.3 crore (YoY) -Consolidated total income at Rs 372.8 crore versus Rs 401.2 crore (YoY)

TV18 Broadcast Q3 -Consolidated net profit at Rs 19.7 crore versus Rs 84.9 crore (YoY) -Consolidated total income at Rs 250 crore versus Rs 247.7 crore (YoY)

Maruti Suzuki: -Launches Ignis, Petrol Variant Priced At Rs 4.59 Lakh-Rs 6.69 Lakh (Ex-Delhi) -Diesel Variant Priced At Rs 6.39 Lakh-Rs 7.8 Lakh (Ex-Delhi)

Boeing Says: -SpiceJet Deal Enhances Footprint In -Near-term Growth Seen At 15 percent -Continue To Stay Bullish On India

Coal India: -Increases coking coal prices by 20 percent -Price Of Steel-grade Coal & Direct Feed Coal Linked To Washed Coking Coal -Expect To Earn Addl Revenue Of Rs 702 Cr Due To Price Revision In Remaining FY

NTPC -To Pay 700 Cr Raj Government Stake -Amount wasn't known earlier Godrej Prop -Planns Plotted Land Development Foray -Scouting for Large Land Parcels in NCR & Bengaluru Outskirts - Mint

Varun Beverages () -Increasing Competition? -Hindustan Coca Cola To invest 1000 Cr To Set Up 2 new Plants

2017 Mehta Equities Ltd

-Petrol price hiked by Rs 0.42/litre; diesel price by Rs 1.03/litre –

IP Rings - Ex date for rights issue

-Atlas Cycles circuit filter revised to 10 percent

-NSE Listings - Capital Trust -Tata Sponge

- ICRA reaffirms long term rating of AA and short term rating of A1+

-Rajapalayam Mills - CRISIL upgrades rating to A- and A2+

- - Moodys maintains rating at BAA3

-Modi Naturals BM on 19 Jan to consider allotment of convertible warrants on preferential basis

-Jindal Stainless approved price of Rs39.1 per share for issuing shares to lenders on preferential basis

-MCX approved acquisition up to 24 percent stake in proposed CDSL led commodity repository

-IFCI reduced benchmark rate from 11.5 percent to 10.75 percent and short term benchmark rate from 8.6 percent to 8.35 percent

-Pokarna subsidiary plans to expand production capacity by 130 percent with investment of Rs325cr

- increase in coking coal prices by ~20 percent

-Maruti launched Ignis Starting at Rs4.59lk ex showroom price in Delhi

- cuts MCLR by 65-70bps

-Sical Logistics gets LoA worth Rs304.92cr from Northern coal fields, MP

-Indag Rubber approved investment of USD 1.8mn in CCPS of SRL 142 Holdings

-Aksh Optifibre approved amalgamation of AAksh Broadband with itself

-Precision Camshafts received Rs62cr towards redemption of investment

-Vedavaag Systems BM on 18 Jan to consider allotment of warrants to promoters

-Network 18 Approved amalgamation of 14 subsidiaries with itself

-TV18 Broadcast approved amalgamation of 4 subsidiaries with itself

2017 Mehta Equities Ltd

-Jain Irrigation subsidiary proposes issue of NCDs up to USD 200mn with USD 50mn over allotment option

-YES BANK: Moody's Maintains Rating At Baa3 With Stable Outlook

-Bajaj Finvest: Board To Consider Buyback Of Up To Rs 10 Cr On Jan 18

- - Borrowing costs could fall 20-30bps after appointment of Chandra as Chairman of Tata Sons: ET

-ICICI Bank - Blocked payments by customers on Flipkarts wallet and PhonePe app due to security concerns over data: ET

-BSE IPO price band at Rs 805-806/sh; to offer 1.54 cr shares in IPO

-United - Unlikely to get Rs200cr from GoI as it failed on performance parameters & QIP worth Rs500cr-Rs600cr to be put on hold: ET

-Gruh, Repco, DHFL - - Low cost housing likely to get Infra status in upcoming budget: ET

- - TPG Bids Rs 3000 Cr for Fortis Healthcare Stake - Mint

-IDFC Alternatives to acquire 2 road profjects from GR infraprojects - Mint

-HPCL in talks with 6 Foreign Suppliers for Gas at LNG terminal - Mint

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2017 Mehta Equities Ltd