Most Market Roundup February 23th,2017

BLACK FOX

EQUITY Market Sensex 28892.97 (+0.10) Nifty 8939.50 (+0.14)

BLACK FOX FINANCIAL PVT LTD. Office No. 601, 6th Floor, 58 Sahyog Building, Nehru place New Delhi, 110019 Page 1

Dealer's Diary BSE Sensex closed higher by 28 points, or 0.10%, to 28,893, while the Nifty 50 rose 13 points, or 0.14%, to 8,940. BSE index rose to a five-and-a-half month high on Thursday morning, with IT stocks leading the rally, while Bharti Airtel hit an 18-month high on its plan to buy Telenor India. the momentum could wane and the market may enter a consolidation phase as global factors, including potential US rate hikes, gain prominence. Some volatility in trading is also likely ahead of the expiry of derivatives contracts later in the day. The Reserve Bank of India is expected to keep rates on hold this year, with minutes of its 7 February to 8 February meeting showing concerns about inflation, and three of the six members of the monetary policy panel voicing the need to shift the policy stance to “neutral” from “accommodative.” “The Indian market has been fairly positive in the last few days. Some consolidation and correction can be seen but the gains have been mostly triggered by stock-specific moves,. Shares of Bharti Airtel rose as much as 11.1% to their highest since 13 August 2015 after it said it would buy Norwegian Telenor’s India unit, in yet another consolidation move driven by upstart rival Jio’s disruptive pricing. Meanwhile, IT stocks recovered, with the Nifty IT Index rising 1.6% after having shed 1.55% a day earlier. Adlabs Entertainment Ltd shares surge 14% to Rs90.50 after huge block deal. Around 13.4 lakh or 1.7% stake of the company changed hands in two block deal. However details of the deals were not known. ICICI Bank shares fall 1% after block deal. Around 1 million shares of the company changed hands in single block deal. However, details of the buyer and sellers were not known. Amtek Auto Ltd shares rise 3.2% to Rs37.20 ahead of its board meeting due later on Thursday to consider issue of shares.. Housing finance companies trade higher after Sebi eases curbs on mutual fund exposure on housing finance companies. Gruh Finance Ltd shares rise 1.7%, PNB Housing Finance Ltd shares 1.5%, Repco Home Finance Ltd shares 2.1%, Dewan Housing Finance Ltd shares 3%, and GIC Housing Finance Ltd shares rise 2.4%. Jyoti Structures Ltd shares surge 8% to Rs9.78 after The Financial Express reported that the Essel Infraprojects and Shriram EPC may bid for stake in the company. IT stocks trading higher.Tata Consultancy Services Ltd shares rise 2%, Infosys Ltd shares rise 1.1%, Wipro Ltd shares 1%, HCL Technologies Ltd shares 1%, Tech Mahindra Ltd shares rise 1.4%. Idea Cellular Ltd shares rise 4.4% to Rs 117.40 after The Economic Times reported that SoftBank is in talks with Vodafone Plc to buy a minority stake in its Indian unit which is likely to be merged with Idea Cellular.. The local currency opened at 66.94 a dollar. At 9.15am, the home currency was trading at 66.93, up 0.05% from its previous close of 66.97. India’s 10-year bond yield rose to 6.937% compared to its Wednesday’s close of 6.939%. Bond yields and prices move in opposite directions. Most of the Asian currencies were trading higher. South Korean won was up 0.28%, Taiwan dollar 0.15%, Malaysian ringgit 0.09%, Thai baht 0.06%, Philippines peso 0.06%, Indonesian rupiah 0.04%. However, Singapore dollar was down 0.21%, China offshore 0.11%.

Exchange Toady Pre. Day BSE (CASH) 3278 3276

BSE(Derivative) 0.35 0.74

NSE (Cash) 33075 26448

NSE(Derivativ) 958907 681634

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 23 15

Decline 28 15

Unchanged 0 00

Symbol LTP % Change TCS 2481.65 +2.99

WIPRO 485.55 +2.53

INFOSYS 1009.05 +1.73

BHARTI AIRTEL 366.05 +1.36

ITC 265.70 +0.83

Symbol LTP % Change RELIANCE 1182.60 -2.07

ASIAN PAINTS 1008.80 -1.10

ADANI PORTS 297.45 -0.87

NTPC 165.30 -0.78

HUL 858.35 -0.75

Exchange No. of Contracts

Turn Over Index Futures 514328 37286.20

Stock Futures 1681781 117477.92 Index Options 10167289 757240.26

Stock Options 653895 46975.04 F&O Total 13017293 958979.42

CASH VOLUME (Rs In Cr.)

ADVANCED / DECLINE

TOP INDEX GAINERS

TOP INDEX LOSERS

DERIVATIVE VOLUME In Cr.

Stock future Price Rs. Vol Turn In Lacs Contract RELIANCE 1186.80 14229234 170230

BHARTIARTL 366.40 35600168 134778 HDFCBANK 1391.00 8623745 121160

IDEA 119.80 91523977 109352

ACTIVE STOCK IN FUTURE

Most Market Roundup February 23th,2017

BLACK FOX

EQUITY Market Sensex 28892.97 (+0.10) Nifty 8939.50 (+0.14)

BLACK FOX FINANCIAL PVT LTD. Office No. 601, 6th Floor, 58 Sahyog Building, Nehru place New Delhi, 110019 Page 2

News: India’s largest telco Bharti Airtel Ltd on Thursday said it has entered a

definitive agreement with Telenor South Asia Investments Pte Ltd to acquire Telenor Communications Pvt. Ltd (Telenor India).

Airtel will buy Telenor’s India operations in seven circles—Andhra Pradesh, Bihar, Maharashtra, Gujarat, Uttar Pradesh (East), Uttar Pradesh (West) and Assam.

The Modi govt plans to come out with a policy to promote manufacturing of the entire range of solar power generation equipment in the country. Currently, most of the solar power developers in India have been sourcing solar modules and equipment from countries such as China as they are cheaper.

Real estate sales dropped significantly in November-December. Sales have picked up now but still below the September levels.

HDFC Bank shares climbed as much as 9.24% on Friday after RBI lifted the ban on FPI buying as the bank’s foreign holding fell below 74%. RBI reinstated the ban at 1.38pm but hasn’t annulled the trades.

Govt seeks to double power generation under solar parks scheme to 40,000 MW, proposes to extend Rs8,100 crore in assistance to fund 30% of initial project cost. Power minister Piyush Goyal. India had solar capacity of 9,012.69MW as of 31 December 2016. Photo

In the SECI tender for 1 GW wind power, bidders are allowed to locate projects in the state of their choice and most have opted for Tamil Nadu and Gujarat. Wind power firms will bid for the 1 GW tender issued by Solar Energy Corp. of India,

Indian banks are sitting on a bad loan pile of at least Rs6.8 trillion; though a lot of PE firms have expressed interest in the stressed assets sector, there haven’t been too many deals.

Reliance AIF Asset Management Co. Ltd is raising its first credit fund of Rs1,000 crore called Reliance Yield Opportunity AIF Scheme 1, a company executive said.

India's GDP growth during the current fiscal ending March has been estimated by the International Monetary Fund to slow down to 6.6%.

The adoption of the GST could help raise India's medium-term GDP

growth to over eight per cent and create a single national market for

enhancing the efficiency of the movement of goods and services, the

IMF said today.

At the same time, the International Monetary Fund (IMF) also

expressed concerns over the implementation of the Goods and Service

Tax (GST).

Relatively smaller firms Dhanuka Agritech Ltd and Sharda Cropchem Ltd are holding out a better outlook for 2017-18. Dhanuka, for example, has guided for 15% revenue growth. Based on current market conditions, Sharda has maintained 15-20% growth guidance.

India’s airlines have ordered about 850 planes valued at about $85 billion in recent years. SpiceJet Ltd., a budget carrier, says that’s still not enough to meet demand.

SpiceJet—having ordered as many as 205 jets worth $22 billion—is being conservative with its purchases, says chairman Ajay Singh.

Indices Closing Price Change(%)

Dow 30 20775.60

+0.16

Nasdaq 5860.63 -0.09

FTSE 100 7291.50 -0.15

DAX 11995.25 -0.03

S&P/TSX 15830.22 -0.58

CAC 40 4900.02 +0.11

Nikkei 225 19371.46 -0.04

Shanghai 3251.09 -0.31

Hang Seng 24114.86 -0.36

V/S INR Closing Price Change(%)

Dollar 66.83 -0.21

Euro 70.47 -0.19

Pound 83.24 -0.05

JPY 0.59 +0.00

Aus 51.38 -0.39

Indices Closing Price Change(%)

Crude OIL 54.36 +1.41

Gold 1238.95 +0.46

Silver 17.983 +0.18

Aluminium 1882.25 -0.36

Copper 2.714 -0.70

GLOBAL COMMODITY

GLOBAL INDICES

GLOBAL CURRENCIES

Indices Closing Price Change(%)

Crude OIL 3638.00 +1.03

Gold 29256.00 +0.16

Silver 42650.00 -0.15

Aluminium 125.15 -0.71

Copper 398.95 -1.16

Indices Closing Price Change(%)

Sensex 28892.97 +0.10

Nifty 50 8939.50 +0.14

Nifty Next 50 24376.85 -0.35

Nifty Mid 50 4150.75 +0.18

Indices Today Closing Previous Clo

FII NA -259.21

DII NA +917.97

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

DOMESTIC COMMODITY

DOMESTIC INDICES

INSTITUTIONAL ACTIVITY

Most Market Roundup February 23th,2017

BLACK FOX

EQUITY Market Sensex 28892.97 (+0.10) Nifty 8939.50 (+0.14)

BLACK FOX FINANCIAL PVT LTD. Office No. 601, 6th Floor, 58 Sahyog Building, Nehru place New Delhi, 110019 Page 5

Page

INDEX

CLOSE POINT CHANGE %CHANGE

NIFTY BANK 20876.65 +8.20 +0.04

NIFTY IT 10689.65 +174.85 +1.66

NIFTY REALTY 194.50 +1.50 +0.78

NIFTY INFRA 3013.35 +3.20 +0.11

NIFTY ENERGY 11311.15 -107.40 -0.94

NIFTY FMCG 22434.75 +8.35 +0.04

NIFTY MNC 10672.15 -76.00 -0.71

NIFTY PHARMA 10561.60 -20.70 -0.20

NIFTY PSE 4100.85 -9.95 -0.24

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

3297.55

11550.00

2995.05

3120.25

9761.75

-16.30

+44.80

+3.35

+13.10

-6.70

-0.49

+0.39

+0.11

+0.42

-0.07

STATEMENT OF INDEXS ON THE NATIONAL STOCK EXCHANGE

Most Market Roundup February 23th,2017

BLACK FOX

EQUITY Market Sensex 28892.97 (+0.10) Nifty 8939.50 (+0.14)

BLACK FOX FINANCIAL PVT LTD. Office No. 601, 6th Floor, 58 Sahyog Building, Nehru place New Delhi, 110019 Page 6

BSE CLOSING BELL NSE CLOSING BELL

Most Market Roundup February 23th,2017

BLACK FOX

EQUITY Market Sensex 28892.97 (+0.10) Nifty 8939.50 (+0.14)

BLACK FOX FINANCIAL PVT LTD. Office No. 601, 6th Floor, 58 Sahyog Building, Nehru place New Delhi, 110019 Page 7

PRAKASH - Prakash Industries Limited has informed the Exchange regarding allotment of 1059957 equity shares on conversion of FCCBs. LTTS - L&T Technology Services Limited has informed the Exchange regarding a press release dated February 23, 2017, titled "L&T Technology Services Limited & UTC Commercial Businesses Establish Innovation Lab for Intelligent Buildings, Connected Homes and Cold Chain Logistics". BHARTIARTL - Bharti Airtel Limited has informed the Exchange that regarding a press release dated February 23, 2017 titled "Bharti Airtel to acquire Telenor India". NTPC - NTPC Limited has informed the Exchange that 115 MW out of 260 MW of Bhadla Solar Power Project of NTPC Limited has been commissioned. With this, the installed capacity of NTPC's solar power projects touches 475 MW. The total installed capacity of NTPC on standalone basis has become 41177 MW and that of NTPC group has become 48143 MW. PAPERPROD - Huhtamaki PPL Limited has informed the Exchange that the Hon ble Mumbai Bench of National Company Law Tribunal ( NCLT ) at its hearing held on February 22, 2017, sanctioned the Scheme of Arrangement of Positive Packaging Industries Limited and Webtech Labels Private Limited with Huhtamaki PPL Ltd., and their respective shareholders and creditors. Further, on receipt of the Certified True copy of the NCLT Orders, the same will be filed with the Registrar of Companies and the Scheme/Merger would become effective on such filing. BOMDYEING - Bombay Dyeing & Mfg Company Limited has submitted to the Exchange a copy of Notice of National Company Law Tribunal ( NCLT ) Convened Meeting of Equity Shareholders of the Company. KINGAFA - Kingfa Science & Technology (India) Limited has informed the Exchange that a Meeting of the Rights Issue Committee of the Company has been scheduled to be held on February 28, 2017 to consider and take on record , inter-alia, the pricing , ratio and record date for the Rights Issue of Equity Shares. NOTICE AND CIRCULAR :

Relisting of Birla Sun Life FTP Series KC (1159D), a scheme under Birla Sun Life Mutual Fund after re-rollover. Suspension of trading in the Units of Mutual Fund Scheme of Kotak Mahindra Mutual Fund. Part Redemption of Redeemable Non Convertible Debentures of Intrepid Finance And Leasing Pvt. Limited. Redemption of Debentures of JM Financial Products Ltd. Part Redemption and payment of interest on Debentures of JSW Infrastructure Limited Part Redemption and payment of interest on Debentures of Suncity Constructwell Pvt. Limited Redemption of Debentures of Kotak Mahindra Prime Ltd. Redemption of Debentures of L&T Infrastructure Finance Company Ltd. Part Redemption of Debentures of Classic Mall Development Company Pvt. Ltd. Listing of new securities of 3i Infotech Ltd.. Part Redemption and payment of interest on Non Convertible Debentures of JSW Steel Limited.

Redemption of Non Convertible Debentures of SREI Infrastructure Finance Ltd. Update regarding debt securities of Shree Renuka Sugars Ltd. Listing of new debt securities of L&T Infra Debt Fund Limited.

Corporate Action Calendar

Most Market Roundup February 23th,2017

BLACK FOX

EQUITY Market Sensex 28892.97 (+0.10) Nifty 8939.50 (+0.14)

BLACK FOX FINANCIAL PVT LTD. Office No. 601, 6th Floor, 58 Sahyog Building, Nehru place New Delhi, 110019 Page 8

Listing of Equity Shares of JITF Infralogistics Ltd. Rights issue of Equity Shares of Vishal Fabrics Ltd. Opening of Offer to Buy – Acquisition Window (Takeover) for Swiss Glascoat Equipments Limited. Merger of schemes of TATA Mutual Fund on BSE StAR MF Platform. Suspension of Trading in Non-Convertible Debentures of Future Lifestyle Fashions Ltd.

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