Most Market Roundup March 07th,2017 BLACK FOX EQUITY Market Sensex 28999.56 (-0.17) Nifty 8946.90 (-0.18) BLACK FOX FINANCIAL PVT LTD. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi 110019 Dealer's Diary BSE Sensex closed lower by 49 points, or 0.17%, to 29,000, while the Nifty 50 fell 17 points, or 0.18%, to 8,947. The stocks were a picture of contrast on Tuesday as the Sensex developed cold feet ahead of the key exit poll findings, coming off its two-year high and slipping marginally below the 29,000-mark. The broader Nifty too could not keep its earlier gains. Traders said caution set in as investors decided to cut down their bets ahead of the key exit poll outcome on Thursday for the ongoing assembly elections. Besides, the prospect of the Federal Reserve raising interest rates next week dampened trading sentiment here. The BSE Sensex after opening higher advanced on the back of strong foreign inflows, but quickly slipped into the negative zone and hit a low of 28,957.68 as participants locked-in gains. From the Sensex pack, Tata Steel was the biggest loser, with a fall of 2.22%, to Rs 482, followed by Infosys 1.37%, to Rs 1,019.70. Shares of RIL which recorded strong rally yesterday, succumbed shed 0.01%. Among other losers, Lupin, Axis Bank, Maruti Suzuki, NTPC, Tata Motors, SBI, Hero MotoCorp, Sun Pharma, Asian Paints, M&M, Cipla, Coal India, ICICI Bank and Bharti Airtel tanked up to 1.36%. However, Adani Ports hogged limelight as it rose the most by surging 1.97%. ONGC, TCS, HDFC Bank, GAIL, PowerGrid, L&T, ITC Ltd, Hind Unilever and Wipro also rose. Among BSE sectoral and industry indices, metal fell the most 1.79% followed by auto, healthcare and realty. Outperforming the Sensex, the broader markets continued to show a firm trend, with the BSE mid-cap index rising 0.14% and the small-cap gaining 0.03%. Meanwhile, foreign funds bought shares net Rs564.15 crore on Monday as per the provisional figures. Overseas, Asian stocks witnessed a mixed trend amid weak closing on the Wall Street overnight. US stocks registered modest losses yesterday as the chances of a tighter monetary policy from the Federal Reserve sank in for investors while geopolitical concerns increased. Federal Reserve Chair Janet Yellen last Friday said raising interest rates this month would likely be appropriate. Among other Asian markets, Japan’s Nikkei ended 0.18% lower, while Hong Kong’s Hang Seng closed 0.36% higher and Shanghai Composite Index was up 0.26%. European markets were trading mixed in their early deals as Paris CAC 40 fell 0.16% but Frankfurt’s DAX rose 0.21%. London’s FTSE rose 0.15%.Gold prices were little changed on Tuesday, hovering above a two-week low hit on Friday, amid expectations of a U.S. interest rate hike this month and ahead of key economic data due later in the week. The U.S. monthly jobs report due on Friday includes the non-farm payrolls, seen rising by 190,000 in a Reuters poll. Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and non-OPEC members. Brent crude dipped 7 cents, or 0.1 percent, to $55.94 a barrel as of 0229 GMT, with a firmer dollar, which rose slightly against a basket of other currencies, putting some pressure on dollar denominated oil prices. Exchange Toady Pre. Day BSE (CASH) 2933 2988 BSE(Derivative) 0.40 0.21 NSE (Cash) 19713 19153 NSE(Derivativ) 222500 289617 Exchange Today Pev. Day Total 300348 899497 Group NIFTY IND BSE INDEX Advance 17 85 Decline 34 111 Unchanged 00 05 Symbol LTP % ADANIPORTS 309.00 +1.93 TCS 2505.00 +1.31 BPCL 645.15 +1.19 INDUSINDBK 1335.00 +1.16 ONGC 196.00 +1.14 Symbol LTP % Change HINDALCO 193.05 -3.26 TATASTELL 482.40 -2.09 INFY 1018.80 -1.46 LUPIN 1457.00 -1.37 IDEA 108.35 -1.28 Exchange No. of Contract s Tu rn Ov Index Futures 114666 8320.16 Stock Futures 492021 35821.97 Index Options 2043634 157888.36 Stock Options 277128 20469.53 F&O Total 2927449 222500.02 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 1306.4 31389 38842 HINDALCO 193.1 12893 13613 TATAMOTORS 466.6 11730 26729 RELCAPITAL 545.3 10089 7549 ACTIVE STOCK IN FUTURE
BLACK FOX FINANCIAL PVT LTD. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi 110019 61, 6th Floor, Mittal Chambers
Dealer's Diary BSE Sensex closed lower by 49 points, or 0.17%, to 29,000, while the Nifty 50 fell 17 points, or 0.18%, to 8,947. The stocks were a picture of contrast on Tuesday as the Sensex developed cold feet ahead of the key exit poll findings, coming off its two-year high and slipping marginally below the 29,000-mark. The broader Nifty too could not keep its earlier gains. Traders said caution set in as investors decided to cut down their bets ahead of the key exit poll outcome on Thursday for the ongoing assembly elections. Besides, the prospect of the Federal Reserve raising interest rates next week dampened trading sentiment here. The BSE Sensex after opening higher advanced on the back of strong foreign inflows, but quickly slipped into the negative zone and hit a low of 28,957.68 as participants locked-in gains. From the Sensex pack, Tata Steel was the biggest loser, with a fall of 2.22%, to Rs 482, followed by Infosys 1.37%, to Rs 1,019.70. Shares of RIL which recorded strong rally yesterday, succumbed shed 0.01%. Among other losers, Lupin, Axis Bank, Maruti Suzuki, NTPC, Tata Motors, SBI, Hero MotoCorp, Sun Pharma, Asian Paints, M&M, Cipla, Coal India, ICICI Bank and Bharti Airtel tanked up to 1.36%. However, Adani Ports hogged limelight as it rose the most by surging 1.97%. ONGC, TCS, HDFC Bank, GAIL, PowerGrid, L&T, ITC Ltd, Hind Unilever and Wipro also rose. Among BSE sectoral and industry indices, metal fell the most 1.79% followed by auto, healthcare and realty. Outperforming the Sensex, the broader markets continued to show a firm trend, with the BSE mid-cap index rising 0.14% and the small-cap gaining 0.03%. Meanwhile, foreign funds bought shares net Rs564.15 crore on Monday as per the provisional figures. Overseas, Asian stocks witnessed a mixed trend amid weak closing on the Wall Street overnight. US stocks registered modest losses yesterday as the chances of a tighter monetary policy from the Federal Reserve sank in for investors while geopolitical concerns increased. Federal Reserve Chair Janet Yellen last Friday said raising interest rates this month would likely be appropriate. Among other Asian markets, Japan’s Nikkei ended 0.18% lower, while Hong Kong’s Hang Seng closed 0.36% higher and Shanghai Composite Index was up 0.26%. European markets were trading mixed in their early deals as Paris CAC 40 fell 0.16% but Frankfurt’s DAX rose 0.21%. London’s FTSE rose 0.15%.Gold prices were little changed on Tuesday, hovering above a two-week low hit on Friday, amid expectations of a U.S. interest rate hike this month and ahead of key economic data due later in the week. The U.S. monthly jobs report due on Friday includes the non-farm payrolls, seen rising by 190,000 in a Reuters poll. Oil prices were little changed for a third session on Tuesday, with investors searching for direction as concern over rising U.S. shale output offsets production cuts by OPEC and non-OPEC members. Brent crude dipped 7 cents, or 0.1 percent, to $55.94 a barrel as of 0229 GMT, with a firmer dollar, which rose slightly against a basket of other currencies, putting some pressure on dollar denominated oil prices.
Exchange Toady Pre. Day BSE (CASH) 2933 2988
BSE(Derivative) 0.40 0.21
NSE (Cash) 19713 19153
NSE(Derivativ) 222500 289617
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 17 85
Decline 34 111
Unchanged 00 05
Symbol LTP % Change ADANIPORTS 309.00 +1.93
TCS 2505.00 +1.31
BPCL 645.15 +1.19
INDUSINDBK 1335.00 +1.16
ONGC 196.00 +1.14
Symbol LTP % Change HINDALCO 193.05 -3.26
TATASTELL 482.40 -2.09
INFY 1018.80 -1.46
LUPIN 1457.00 -1.37
IDEA 108.35 -1.28
Exchange No. of Contracts
Turn Over Index Futures 114666 8320.16
Stock Futures 492021 35821.97 Index Options 2043634 157888.36
Stock Options 277128 20469.53 F&O Total 2927449 222500.02
BLACK FOX FINANCIAL PVT LTD. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi 110019 61, 6th Floor, Mittal Chambers
News: Reliance Capital has sold its nearly 1% stake in Paytm to China’s Alibaba
group in a deal reaping huge gains for the Anil Ambani-led group firm. 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.
Coal India Ltd, the world’s biggest miner of the fuel, lowered an interim dividend payout to shareholders by almost a third from a year earlier as employee costs increased.
Polymer emulsions maker Visen Industries’s fundraising from Edelweiss Specials Opportunities will provide exit to Carlyle Group
Uday Kotak is in discussions about the potential sale of more than 3% stake in Kotak Mahindra to the Canadian pension fund.
United Breweries appeals against an 8 February order of the Karnataka high court that directed winding-up of the company
Tata Motors CEO Butschek said although the company has set sights on becoming among the top three passenger vehicle makers in India by 2019, it might not be enough to get the scale up effects.
Mumbai-based Piramal Realty, the real estate arm of Piramal Group, will invest around Rs 1,800 crore in its new residential project in suburban Mumbai.
Tata Sons chairman N.Chandrasekaran and Guenter Butschek, CEO & MD, Tata Motors pose with TAMO Racemo, showcased at 87th Geneva International Motor Show in Switzerland on Tuesday.
Tech Mahindra to pay upfront $89.5 million for the acquisition of 84.7% stake in CJS Solutions, the remainder will be acquired over three years.
Polymer emulsions maker Visen Industries’s fundraising from Edelweiss Specials Opportunities will provide exit to Carlyle Group.
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).
BLACK FOX FINANCIAL PVT LTD. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi 110019 61, 6th Floor, Mittal Chambers
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.
BLACK FOX FINANCIAL PVT LTD. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi 110019 61, 6th Floor, Mittal Chambers
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