Most Market Roundup R K GLOBAL · 2017-03-07 · Most Market Roundup March 06th,2017 R K GLOBAL EQUITY Market Sensex 29048.19 (+0.75) Nifty 8963.45 (+0.74) R K GLOBAL 61, 6th Floor,

Most Market Roundup March 06th,2017

R K GLOBAL

EQUITY Market Sensex 29048.19 (+0.75) Nifty 8963.45 (+0.74)

R K GLOBAL 61, 6th Floor, Mittal Chambers, 228 Nariman Point, Mumbai, Maharashtra 400021 61, 6th Floor, Mittal Chambers

228 Nariman Point

Dealer's Diary BSE Sensex closed higher by 216 points, or 0.75%, to 29,048, while the Nifty 50 rises 66 points, or 0.74%, to 8,963. Sentiment was also boosted as the country moved a step closer towards launching a long-awaited Good and Services Tax from July after a panel of central and state finance officials finalised two key bills to be put before parliament. “The expectation is that the BJP government will come into power in UP, and that is possibly driving the market a little more confident than before,” said Deven Choksey, managing director at KR Choksey Shares and Securities. Reliance Industries Ltd was the top gainer, rising 4% to its highest since May 2008. Shares in the energy conglomerate have risen 15% since telecom unit Jio said it would start charging for its services in April. Financial stocks accounted for nearly half of the gains on the NSE index, with State Bank of India and Axis Bank Ltd leading the rise. Shares of SBI and Axis Bank rose up to 1.5% each. Coal India Ltd climbed as much as 2% after unit Central Coalfields approved share buyback of up to Rs1,002 crore according to an exchange filing on Saturday. IT stocks were among the top losers, with Tata Consultancy Services Ltd and Infosys Ltd falling over 1% each, amid lack of clarity over processing of H1B visas in the United States. Reliance Industries Ltd shares rise 3.4% to Rs 1301.05 a share. Last time it crossed Rs 1300-mark on 23 May 2008. Since 13 Feb, the stock is up 26.5%. According to a Bloomberg report, around 1.65 million shares of the company changed hands in a block deal. However, details of the buyers and sellers were not known. Auto stocks trade higher. Maruti Suzuki India Ltd shares rise 1.3%, Mahindra & Mahindra Ltd 1.3%, Tata Motors Ltd 1.1%, Bajaj Auto 1%, Hero MotoCorp Ltd 0.8%. Gokul Agro Resources Ltd shares jump 15% to Rs 29.15 after Securities Exchange Board Of India rejected open offer exemption request from its promoters. JSW Steel Ltd rose 0.6% to Rs 184.85. A consortium led by JSW Steel Ltd are vying to take control of the struggling Ilva steel plant in southern Italy. JSW has submitted a bid along with Cassa Deposit e Prestiti, Italy’s sovereign fund, and Italian steel company Arvedi. Bharti Airtel Ltd rose 2% to Rs 359.35 after the company said it will issue five shares ot Telenor Communications. A strong hint from US Fed Chair Janet Yellen about a possible March rate hike looms over equity markets today, though Asian markets seem to have shrugged it off. The undercurrent is buoyant and the Nifty50 is interestingly poised. Watch this space as we bring you all the action in a live blog from Dalal Street. Japanese shares fell on Monday in thin trade as the yen firmed and as global geopolitical tensions rose after North Korea fired four missiles, three of which landed in Japan's exclusive economic zone. The Nikkei share average fell 0.5 percent to 19,379.14 points. The local currency opened at 66.77 a dollar. At 9.15am, the home currency was trading at 66.76, up 0.07% from its Friday close of 66.81. Asian currencies were trading stronger. Taiwan dollar was up 0.24%, Japanese yen 0.2%, Indonesian rupiah 0.17%, China renminbi 0.14%, China offshore 0.08%, Malaysian ringgit 0.05% and South Korean won 0.05%. However, Thai baht was down 0.1%.

Exchange Toady Pre. Day BSE (CASH) 2988 3002

BSE(Derivative) 0.21 0.91

NSE (Cash) 19153 21993

NSE(Derivativ) 289617 241936

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 37 131

Decline 14 69

Unchanged 00 01

Symbol LTP % Change RELIANCE 1308.00 +3.93

ADANIPORTS 304.00 +2.58

TATAMOTORS 470.25 +2.24

SBIN 270.20 +1.94

BAJAJ-AUTO 2885.70 +1.87

Symbol LTP % Change GRASIM 1004.50 -1.62

AUROPHARMA 1370.50 -1.16

IDEA 225.05 -0.95

TECHM 1015.00 -0.73

TCS 23168.00 -0.67

Exchange No. of Contracts

Turn Over Index Futures 161778 11830.03

Stock Futures 506203 36400.98 Index Options 2852241 218606.28

Stock Options 314556 22779.67 F&O Total 3834778 289616.96

CASH VOLUME (Rs In Cr.)

ADVANCED / DECLINE

TOP INDEX GAINERS

TOP INDEX LOSERS

DERIVATIVE VOLUME In Cr.

Stock future Price Rs. Vol OI Contract

RELIANCE 1305.4 46511 40138 HINDALCO 199.6 17405 13700 RELINFRA 583.8 11430 5710

RELCAPITAL 545.4 11330 7479

ACTIVE STOCK IN FUTURE


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News: Tata Asset Management Ltd is in talks to sell 26-49% in its mutual fund

business to a foreign strategic partner like world’s largest fund managers, including US-based Vanguard Group and Germany’s Allianz.

IDFC Ltd on Sunday said it will acquire the 25% stake currently held by Natixis Global Asset Management in IDFC Asset Management Co. Ltd and IDFC AMC Trustee Co. Ltd for Rs244.24 crore, through IDFC Financial Holding Co. Ltd.

At the upper end of Rs295-299 price band, D-Mart’s will have market cap of Rs18,660 crore, which translates to a price-to-earnings ratio of 39.

Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about $4.7 billion, creating one of Europe’s biggest fund managers.

Karnataka Solar Power Development Corp. has managed to acquire 12,000 acres of the 13,000 acres identified for the Pavagada solar park project, and related infrastructure work has started in earnest.

China has hinted at changing its long-standing yuan policy to liberalise its currency against the dollar, signalling willingness to alter course on exchange rates amid US President Donald Trump’s threats of a trade war.

The change in the baseline for IIP and WPI, currently at 2004-05, is expected to bring in more accuracy in mapping the level of economic activity and calculating other numbers like national accounts.

PSA Group agreed to buy General Motors Co.’s Opel unit in a transaction valued at €2.2 billion ($2.3 billion), creating Europe’s second-largest carmaker in a bid to better compete in the region’s saturated market.

IDG Ventures India has forged an alliance with early-stage start-up accelerator and seed fund Axilor Ventures to invest in local technology start-ups and ventures that are working on disruptive ideas.

Tata Steel has been working on finding a solution to the crisis in the steel industry since it announced a major restructuring in March 2016.

FMCG major Nestle India on Wednesday reported a decline of 8.66% in its standalone net profit to Rs167.31 crore for the fourth quarter ended on 31 December 2016.

Cipla will sell its South African animal health business to Ascendis Health for 375 million rand (about Rs190 crore).

Sprint Corp. won a $139.8 million damage award after a jury in Kansas found that Time Warner Cable infringed patents for digital voice telephone services.

Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand and ongoing concern over Russia’s compliance with a global deal to cut oil output, Brent crude futures dropped 29 cents, or 0.5%, to $55.61 a barrel as of 12.08pm after settling 1.5% higher in the previous session.

Coal India’s fourth largest mining subsidiary, Western Coalfields Ltd (WCL) is likely to abstain from partially extinguishing its own shares in the ongoing buyback process and thereby will not transfer any of its free reserves to its mother company.

The Supreme Court on Monday issued notices to the central government and the Reserve Bank of India (RBI) on a plea seeking response on why people are not being allowed to deposit old high-value currency notes banned during the demonetisation drive till March 31, 2017, as it was promised earlier.

Digital streaming service Netflix has partnered with Airtel, Videocon d2h and Vodafone in India as it looks to ramp up its presence in the market.

European shares were pulled lower as Deutsche Bank AG tumbled and metals slumped. Investors weighed growth prospects for China and Janet Yellen’s statements on interest rates, while escalating geopolitical tensions bolstered the yen.

Indices Closing Price Change(%)

Dow 30 21005.71

+0.01

Nasdaq 5870.75 +0.16

FTSE 100 7349.80 -0.34

DAX 11976.00 -0.43

S&P/TSX 15608.50 +0.46

CAC 40 4973.25 -0.44

Nikkei 225 19379.14 -0.46

Shanghai 3234.40 +0.50

Hang Seng 23596.28 +0.18

V/S INR Closing Price Change(%)

Dollar 66.71 -0.14

Euro 70.63 -0.31

Pound 81.79 -0.29

JPY 0.58 +0.00

Aus 50.65 -0.16


Crude OIL 52.75 +0.25

Gold 1231.55 +0.41

Silver 17.843 +0.58

Aluminium 1863.25 -1.45

Copper 2.662 -1.28

GLOBAL COMMODITY

GLOBAL INDICES

GLOBAL CURRENCIES


Crude OIL 3541.00 -0.42

Gold 29091.00 +0.24

Silver 42658.00 +0.30

Aluminium 124.30 -1.47

Copper 393.30 -1.30


Sensex 29048.19 +0.75

Nifty 50 8963.45 +0.74

Nifty Next 50 24228.35 +0.57

Nifty Mid 50 4185.20 +0.84

Indices Today Closing Previous Clo

FII 564.15 1529.48

DII -481.96 -7.37

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

DOMESTIC COMMODITY

DOMESTIC INDICES

INSTITUTIONAL ACTIVITY

http://www.business-standard.com/search?type=news&q=Western+Coalfields


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Page

INDEX

CLOSE POINT CHANGE %CHANGE

NIFTY BANK 20663.65 +168.05 +0.82

NIFTY IT 10779.05 -27.20 -0.25

NIFTY REALTY 199.25 +1.75 +0.88

NIFTY INFRA 3003.15 +37.60 +1.27

NIFTY ENERGY 11539.60 +234.55 +2.07

NIFTY FMCG 22392.30 +111.60 +0.50

NIFTY MNC 10607.60 +24.15 +0.23

NIFTY PHARMA 10612.85 -1.20 -0.01

NIFTY PSE 4017.10 +35.80 +0.90

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

3272.95

11474.65

2999.65

3189.40

9800.00

+49.00

+56.20

+19.00

+2.30

+119.50

+1.52

+0.49

+0.64

+0.07

+1.23

STATEMENT OF INDEXS ON THE NATIONAL STOCK EXCHANGE


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BSE CLOSING BELL NSE CLOSING BELL


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EMAMILTD - Emami Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on March 06, 2017, has declared payment of interim dividend of Rs. 1.75 per equity share on the face value of Re.1/- per equity share for the financial year 2016-17. TVSMOTORS - TVS Motor Company Limited has informed the Exchange that the Board of Directors, at its meeting held on March 06, 2017 has declared second interim dividend, for the financial year ending March 31, 2017 at the rate of Rs 1.25 per share (125%) on 47,50,87,114 equity shares of Re.1/- each fully paid up, absorbing a sum of Rs.71 Cr, including dividend distribution tax. BHARTIAIRTEL - Bharti Airtel Limited has informed the Exchange that In continuation intimation dated February 23, 2017, it is hereby informed that subject to all requisite approvals, the Board of Directors has March 05, 2017 approved the Scheme of amalgamation ( "Scheme" ) between Telenor (India) Communications Private Limited ( 'Transferor Company / Telenor India' ) and Bharti Airtel Limited ( 'Transferee Company / Airtel' ) and their respective shareholders and creditors (under Sections 230 to 232 of the Companies Act, 2013). The aforesaid Scheme inter-alia envisages the issuance and allotment of 5 (five) fully paid up equity shares of face value Rs. 5/- (rupees five only) of Airtel to Telenor South Asia Investment Pte. Limited (the shareholder of the Telenor India) upon the Scheme becoming effective. DRREDDY - Dr. Reddy's Laboratories Limited has informed the Exchange regarding a press release dated March 03, 2017, titled "Dr. Reddy's Laboratories announces acquisition of 100% stake in Imperial Credit Private Limited, a Non-Banking Finance Company (NBFC)". JPASSOCIATES -Jaiprakash Associates Limited has informed the Exchange that Hon'ble National Company Law Tribunal, Allahabad Bench has sanctioned the Scheme of Arrangement whereby the Company proposes to transfer identified cement plants owned by the Company and its wholly owned subsidiary, M/s Jaypee Cement Corporation Limited, to M/s UltraTech Cement Limited on slump exchange basis. NOTICE AND CIRCULAR :

Launch of New Fund Offer of ICICI Prudential Mutual Fund on BSE StAR MF Platform. Change in Market Lot Size of Akme Star Housing Finance Limited. Change in Market Lot Size of Tejnaksh Healthcare Limited (Scrip Code: 539428). Redemption of Non Convertible Debentures of L&T Vrindavan Properties Ltd. Redemption of Non Convertible Debentures of IndoStar Capital Finance Ltd. Listing of units of Reliance Fixed Horizon Fund - XXV - Series 18, a scheme under Reliance Mutual Fund, after Re-rollover Listing of units of Kotak FMP Series 140 a scheme under Kotak Mahindra Mutual Fund after rollover FMP Series 140-1095 D.

Corporate Action Calendar

http://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20170306-9














R K GLOBAL



228 Nariman Point

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2.Served as an officer, director No

Documents

Most Market Roundup R K GLOBAL · 2017-03-07 · Most Market Roundup March 06th,2017 R K GLOBAL EQUITY Market Sensex 29048.19 (+0.75) Nifty 8963.45 (+0.74) R K GLOBAL 61, 6th Floor,