Most Market Roundup BLACK FOX A… · Most Market Roundup May 25th,2017 BLACK FOX EQUITY Market Sensex 30750.03 (+1.48) Nifty 9509.75 (+1.59) Nasdaq Rs141 crore, the company said

Most Market Roundup May 25th,2017

BLACK FOX

EQUITY Market Sensex 30750.03 (+1.48) Nifty 9509.75 (+1.59)

Closing Bell: BSE Sensex closed higher by 448.39 points, or 1.48%, at 30,750.03 even as NSE’s Nifty 50 index rose 149.20 points, or 1.59%, to 9,509.75. The benchmark 30-share S&P BSE Sensex closed at a new peak of 30,750, while the NSE Nifty 50 closed over 9,500 mark. Earlier, it rose over 300 points in the afternoon trade on Thursday after rebounding about 123 points in early trade on fresh buying by investors, tracking a firm trend in other Asian bourses. The NSE Nifty too gained over 100 points, rising over 9,450 points. Short-covering of bets, today being the last session of May expiry in the derivatives segment, supported the recovery. Shares of Raymond came under massive selling pressure on Thursday, plunging nearly 10% in early trading session after proxy advisory firm IiAS warned that a proposed real estate deal will result a loss of over Rs650 crore for the company and its shareholders. Larsen & Toubro Ltd rose 4.1% to Rs1,754.55. The company will announce its March quarter earnings on 29 May. According to 20 Bloomberg analyst estimates, the company may post net profit of Rs2,650.50 crore, while revenues will be at Rs36,582.20 crore. PC Jeweller Ltd rose 3.1% to Rs444 after the company said it reported 40% jump in its net profit for March quarter to Rs110.05 crore against Rs78.78 crore a year ago. Jaiprakash Associates Ltd rose 7.6% to Rs10.05. The company has said in a notice to BSE that it will hold meeting on 15 June in Singapore to seek bond holders consent on extraordinary resolution. Sintex Industries Ltd surged 26% after it fixed record date of 26 May for the purpose of determination of entitlement for allotment equity shares as per the Composite Scheme of Arrangement. Lupin Ltd fell 7.7% to Rs1,143 after its consolidated net profit in the Mach quarter fell 49% from a year ago to Rs380.21crore Dish TV India Ltd fell 7% to Rs85.60 after the company posted surprised net loss of Rs28.30 crore in March quarter. Its revenue fell 6.3% to Rs708.60 crore. Videocon Industries Ltd hits lower circuit for fourth consecutive sessions. The stock fell 10% to Rs 52.55 a share. Since last four days it fell over 50%. GVK Power & Infrastructure Ltd fell 8.3% to Rs 5.10 after the company said its net loss widened to Rs 205.85 crore in March quarter from Rs 105.59 crore a year ago. Shares of Electrotherm Ltd., Kesar Enterprises, Lakshmi Finance, Shakti Pumps, Emmbi Industries, PPAP Auto, TVS Motor, Hindustan Unilever, Voltas and Eimco Elecon hit their fresh 52-week high during the trade on NSE. Crude oil prices rose ahead of an Opec meeting on Thursday that is expected to extend a production cut aimed at tightening the market well into 2018, adding at least nine months to an initial six-month cut in the first half of this year. Brent crude futures were trading at $54.40 per barrel, up 44 cents, or 0.82 per cent from their last close. WTI crude futures CLc1 were at $51.76, up 40 cents, or 0.78 per cent.

Exchange Toady Pre. Day BSE (CASH) NA 3833

BSE(Derivative) 32.78 41.84

NSE (Cash) 35118 27371

NSE(Derivative) 1260962 886113

Exchange Today Pev. Day

BSE (Cash) 3480 3740

BSE(Derivative) 0.23 1.03

NSE (Cash) 24585 30617

NSE(Derivative) 272282 865138

Total 300348 899497

Group NIFTY IND BSE INDEX

Advance 42 159

Decline 09 41

Unchanged 00 1

Symbol LTP % Change LT 1765.00 +4.78

BANKBARODA 181.60 +3.33

ICICIBANK 316.85 +3.31

INDUSINDBK 1459.45 +3.24

ACC 1633.00 +3.16

Symbol LTP % Change LUPIN 1140.00 -7.20

DRREDDY 2423.00 -3.73

CIPLA 504.70 -2.88

SUNPHARMA 595.00 -1.41

ULTRACEMCO 4152.00 -0.48

Exchange No. of Contracts

Turn Over Index Futures 604418 47412

Stock Futures 2142345 143124 Index Options 12558724 1018815

Stock Options 722024 51611 F&O Total 16027511 1260962

CASH VOLUME (Rs In Cr.)

ADVANCED / DECLINE

TOP INDEX GAINERS

TOP INDEX LOSERS

DERIVATIVE VOL

417.

1561.05

UME In Cr.

Stock future Price Rs. Qty Value Contract

HDFCBANK 1613.3 40252 32235 ICICIBANK 316.9 31123 21542 RELIANCE 1301.5 24725 23272

YESBANK 1456.0 24501 16803

ACTIVE STOCK IN FUTURE


BLACK FOX


News: Investors in both bond and stock markets have become increasingly

jittery about Reliance Communications Ltd’s (RCom’s) high leverage. Its shares have fallen more than 15% this week, after Credit Analysis and Research Ltd downgraded the credit rating on some of RCom’s long-term and short-term debt late last week.

Attorney general Mukul Rohatgi, India’s top law officer, has declined a request from the law ministry seeking legal opinion on the proposed merger of Max Life Insurance Co. Ltd and HDFC Standard Life Insurance Co. Ltd (HDFC Life), four people with direct knowledge of the development said.

Indian Oil Corp said on Thursday net profit rose 85% in the fourth quarter, in line with analysts’ expectations, as revenue from operations grew.

India’s Ashok Leyland posted a net profit in the fourth quarter against a net loss in the same period last year, as the truck maker sold more medium and heavy commercial vehicles. Net profit stood at Rs476 crore ($73.72 million) in the quarter ended 31 March, compared with a loss of Rs141 crore, the company said on Thursday.

The Union Cabinet has approved the much-awaited strategic partnership model which will allow local private sector companies to form manufacturing joint ventures with foreign defence equipment makers—a shot in the arm for the government’s ‘Make in India’ programme as well as efforts by the Indian private sector to make inroads into the lucrative defence equipment business

General Bhavesh Gupta, a former top executive at IDFC Bank Ltd, has joined Clix Capital Ltd (formerly GE Capital India) as chief executive, according to the company’s management.

Bhasin, founder of business process management firm Genpact Ltd and former CEO of GE Capital India and Asia, and Anil Chawla, a former head of GE Capital’s commercial business, acquired the commercial lending and leasing business of GE Capital in India with the backing of AION Capital Partners Ltd in September. The business was renamed Clix Capital.

Brent Crude Erases Gains After Iran Oil Minister Comments - Crude erased earlier gains of nearly 1 to trade lower

Iran is content for now with the existing OPEC deal, Bloomberg reported citing oil minister Bijan Zanganeh

Zanganeh comments come ahead of the OPEC meeting in Vienna

Brent crude for July settlement slid 0.8% to $53.53 per barrel on the London-based ICE Futures Europe exchange while West Texas Intermediate for June delivery dropped 1% to $50.86 a barrel on the New York Mercantile Exchange.

Sugar Stocks Gain As Govt Raises Purchase Price Of Cane -

Sugar stocks gain between 1% to 2%

Union cabinet approved a 10.6% hike in the fair and remunerative price (FRP) for sugarcane to Rs 255 for 2017-18

The hike takes into account the rising cost of production and millers’ capacity to pay the rate in view of better sugar prices

Bajaj Hindusthan (+1.7%), EID-Parry (+1%), Ugar Sugar Works (+1.6%), Dwarikesh Sugar (2%)

Indices Closing Price Change(%)

Dow 30 21012.42

+0.36

Nasdaq 6163.02 +0.40

FTSE 100 7506.25 -0.12

DAX 12616.00 -0.24

S&P/TSX 15419.49 -0.37

CAC 40 5336.50 -0.09

Nikkei 225 19813.13 +0.36

Shanghai 3107.87 +1.43

Hang Seng 25630.78 +0.80

V/S INR Closing Price Change(%)

Dollar 64.61 -0.19

Euro 72.45 -0.25

Pound 83.74 -0.31

JPY 0.58 +0.00

Aus 48.22 -0.70


Crude OIL 50.62 -1.44

Gold 1258.16 +0.41

Silver 17.235 +0.69

Aluminium 1957.25 +0.57

Copper 2.582 +0.02

GLOBAL COMMODITY

GLOBAL INDICES

GLOBAL CURRENCIES


Crude OIL 3276.00 -1.59

Gold 28744.00 +0.11

Silver 39910.00 +0.20

Aluminium 126.25 +0.12

Copper 369.55 -0.52


Sensex 30750.03 +1.48

Nifty 50 9509.75 +1.59

Nifty Next 50 25407.70 +1.03

Nifty Mid 50 4415.20 +1.92

Indices Today Closing Previous Clo

FII +589.11 -400.53

DII -236.44 352.54

Note - *Data as of today, 5 P.M

DOMESTIC COMMODITY

DOMESTIC INDICES

INSTITUTIONAL ACTIVITY


BLACK FOX


Stocks To Watch: HCL Technologies:

Announces buyback of shares worth Rs 3,500 crore.

State Bank of India: Puts up assets worth Rs 1,471 crore for sale to asset reconstruction companies and financial institutions.

Sun Pharma: Announces acceptance of U.S. FDA filing of the biologics license application for tildrakisumab.

Sintex Industries: Credit Suisse (Singapore) sells 0.6 percent stake at Rs 104.13 each while Merrill Lynch Markets Singapore sells 0.55 percent stake at Rs 105.11 each.

Equitas Holdings: DEG Deutsche sells 4 percent stake at Rs 153 each which was bought by Cinnamon Capital Ltd. at the same price.

Earnings Today GE T&D India (+1.4%):

Q4 net income Rs 46.1 crore vs Rs 26.9 crore last year

Gujarat Gas (-2.1%): Q4 net income Rs 33.1 crore vs estimate Rs 59 crore

Jubilant Industries (+1%): Q4 net loss Rs 2.4 crore vs loss Rs 1.1 crore last year

Praj Industries (-2.9%): Q4 net income Rs 22.8 crore vs estimate Rs 34.1 crore

Wonderla Holidays (-2.4%): Q4 net income Rs 3.4 crore vs estimate Rs 4.8 crore

Jain Irrigation (+7.2%): Q4 profit rises 24% to Rs 78 crore GVK Power (-3.9%): Q4 loss widens to Rs 206 crore Bajaj Hindustan (+12.8%): Q4 net income Rs 259 crore vs

estimate Rs 129 crore

Talking Points

India cabinet approves strategic partnership policy for defense; abolishes FIPB

Bangladesh approves electricity purchase from Reliance Power Health care and tech seen boosting India offshore loan volumes After decades of neglect, India build roads along China border TRAI says penalty on Vodafone valid under terms of license Nepalese PM resigns as part of pre-arranged power-sharing

deal, PTI reports Electric vehicle costs must fall by 20% in India, Mahindra Says Global funds bought Rs 81.9 crore of local stocks; domestic

funds bought Rs 197 crore on May 24:


BLACK FOX


INDEX

CLOSE POINT CHANGE %CHANGE

NIFTY BANK 23190.80 +654.50 +2.90

NIFTY IT 10738.35 +229.15 +2.18

NIFTY REALTY 254.70 +5.25 -2.10

NIFTY INFRA 3207.05 +65.10 +2.07

NIFTY ENERGY 11627.55 +81.20 +0.70

NIFTY FMCG 25056.65 +70.15 +0.28

NIFTY MNC 11624.60 +147.55 +1.29

NIFTY PHARMA 9199.15 -247.80 -2.62

NIFTY PSE 4022.60 +29.20 +0.73

NIFTY PSU BANK NIFTY SERV SECTOR NIFTY MEDIA NIFTY METAL NIFTY AUTO

3558.55

12409.60

3034.95

2899.80

10588.10

+91.10

+262.40

+12.35

+51.70

+201.80

+2.63

+2.16

+0.41

+1.82

+1.94


BLACK FOX


BRITANNIA - Britannia Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2017 has recommended the dividend for the financial year ended March 31, 2017 @ 1100% i.e. Rs.22 (Rupees Twenty Two Only) per equity share of Rs. 2/-each to be declared at the Annual General Meeting of the Company to be held on August 07, 2017. KSL – Kalyani Steels Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on May 25, 2017 have recommended, a Dividend of Rs.5/- per Equity Share of Rs.5/- each (i.e. 100%), on the Equity Share Capital of the Company for the Financial Year 2016-17 subject to approval of the shareholders of members. RUCHIRA - Ruchira Papers Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2017, recommended Final Dividend of Rs. 2.25 per equity share. APLAPOLLO - APL Apollo Tubes Limited has informed the Exchange the Q4 and FY17 Earnings Presentation - APL Apollo. NOTICE AND CIRCULAR :

Notice No Subject Segment Name

Category Name Department

20170525-19 Listing of new debt securities of Edelweiss Finvest Pvt. Ltd.

Debt Company related DCS-Listing

20170525-18 Listing of new debt securities of Mahindra Rural Housing Finance Limited


20170525-17 Listing of new debt securities of HDB FINANCIAL SERVICES LIMITED


20170525-16 Listing of new debt securities of L&T Infra Debt Fund Limited


20170525-15 Listing of new debt securities of Reliance Capital Limited


20170525-14 Compulsory Delisting of Companies Equity Company related Regulatory Correspondence Dept.

20170525-13 Listing of New Securities of 3i Infotech Ltd Equity Company related DCS-Listing

20170525-12 Listing of New Securities of 3i Infotech Ltd Equity Company related DCS-Listing

20170525-11 Suspension of trading in the Units of Mutual Fund Scheme of Reliance Mutual Fund.

Mutual Fund Corporate Actions Listing Operations

20170525-10 Tender Offer (Buyback) of Equity Shares of Cheviot Co. Limited.

Equity Corporate Actions Listing Operations

20170525-9 Listing of Equity Shares of PSP Projects Limited (IPO)

Equity Company related DCS-Listing

20170525-8 Commencement of business by Trading Member – Pentad Securities Pvt. Ltd. (Clg. No. 6560) in Currency Derivatives segment.

Currency Derivatives

Others Membership Compliance

20170525-7 Listing of new securities of Premier Explosives Limited

Equity Company related DCS-Listing

Corporate Action Calendar

http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20170525-19

























BLACK FOX


Deal Date Security Code

Security Name Client Name Deal Type *

Quantity

24/05/2017 511463 ALEXANDER ANIRUDH PRADUMAN SETHI S 52,548

24/05/2017 511463 ALEXANDER ANIRUDH PRADUMAN SETHI B 59,808

24/05/2017 513422 BLOIN SUNITA SHARADKUMAR GUPTA S 57,000

24/05/2017 513422 BLOIN VIKASH GUPTA B 60,000

24/05/2017 526829 CONFIPET GAS POINT PETROLEUM (INDIA) LIMITED B 9,299,998

24/05/2017 526829 CONFIPET VINOD PRAKASH VIJAYVARGIYA S 1,420,000

24/05/2017 526829 CONFIPET NITESH VIJAYVARGIYA S 6,193,000

24/05/2017 539884 DARSHANORNA JIGISH KIRTILAL SHAH S 34,000

24/05/2017 539884 DARSHANORNA RAKSHIT MAHENDRA SHAH S 48,000

24/05/2017 539884 DARSHANORNA MOHAMED HUSSAIN PUNJANI B 100,000

24/05/2017 539844 EQUITAS DEG DEUTSCHE INVESTITIONSENTWICKLYNG SGESELLS CHA FT MBH

S 14,564,471

24/05/2017 539844 EQUITAS CINNAMON CAPITAL LIMITED B 14,534,858

24/05/2017 533090 EXCEL J G SECURITIES PVT LTD S 200,000

24/05/2017 535667 IFINSEC GOPAL BANSAL B 125,000

24/05/2017 535667 IFINSEC AUTOLITE AGENCIES PRIVATE LIMITED S 125,000

24/05/2017 524202 LACTOSE RAJESH JOSEPH B 49,000

24/05/2017 540401 MAXIMUS ROOPSHRI FINVEST PVT LTD B 48,000

24/05/2017 540401 MAXIMUS ARYAMAN BROKING LIMITED S 48,000

24/05/2017 540401 MAXIMUS ARYAMAN BROKING LIMITED B 6,000

24/05/2017 509040 NETLINK POOJA BORDIA S 18,900

24/05/2017 509040 NETLINK MOTI LAL LAXKAR B 20,091

24/05/2017 540416 OCTAWARE OVERSKUD MULTI ASSET MANAGEMENT PRIVATE LIMITED

B 100,800

BLOCK DEAL


BLACK FOX


24/05/2017 540416 OCTAWARE ARYAMAN BROKING LIMITED S 100,800

24/05/2017 540416 OCTAWARE ARYAMAN BROKING LIMITED B 6,400

24/05/2017 538742 PANACHE YASH KETAN PATEL B 30,000

24/05/2017 538742 PANACHE AAKASH DEEPAK SAVLA S 29,003

24/05/2017 539814 RADHEY PIYUSH JENTILAL MALDE S 20,081

24/05/2017 533608 RDBRL SHREENATH FINSTOCK PRIVATE LIMITED S 105,244

24/05/2017 533608 RDBRL SHREENATH FINSTOCK PRIVATE LIMITED B 106,696

24/05/2017 531569 SANJIVIN NINJA SECURITIES PRIVATE LIMITED S 45,822

24/05/2017 531569 SANJIVIN BANHEM STOCK BROKING PRIVATE LIMITED B 45,822

24/05/2017 534741 VIRTUALG MANI ENTERPRISE S 2,144,143

24/05/2017 534741 VIRTUALG GARNA FINVEST PRIVATE LIMITED S 1,000,000

24/05/2017 534741 VIRTUALG GARNA FINVEST PRIVATE LIMITED B 5,000,000

24/05/2017 511642 WISEC MANSHWI MAHESH BHINGRADIA B 55,000


BLACK FOX


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There are no material disciplinary action that been taken by any regulatory authority impacting equity

research analysis activities

Analyst Certification The views expressed in this research report accurately reflect the personal views of the analyst(s) about the subject securities or issues, and no part of the compensation of the research analyst(s) was, is, or will be directly or indirectly related to the specific recommendations and views expressed by research analyst(s) in this report. The research analysts, strategists, or research associates principally responsible for preparation of research receive compensation based upon various factors, including quality of research, investor client feedback, stock picking, competitive factors and firm revenues

Disclosure of Interest Statement Analyst ownership of the stock No Served as an officer, director or employee No

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Documents

Most Market Roundup BLACK FOX A… · Most Market Roundup May 25th,2017 BLACK FOX EQUITY Market Sensex 30750.03 (+1.48) Nifty 9509.75 (+1.59) Nasdaq Rs141 crore, the company said