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MAXIMUS SECURITIES LTD
Thursday, 30th June 2016
Enfs
inja Daily Report
• New Developments.
GAIL India Ltd, has begun supplying gas to the India
unit of the world's largest automotive aluminium wheel
producer Wanfeng Group, as reported by Business
Standard.
ICRA has downgraded the outlook on Syndicate
Bank's tier II bonds from "Stable" to "Negative" on
more than expected weakening of asset quality and
profitability, as reported by Business Standard.
UCO Bank expects to return to profitability only by the
financial year 2017-18, as it foresees stress in banking
sector to continue this fiscal, as reported by Business
Standard.
Private equity fund TVS Shriram Growth Fund
Scheme 1B has fully exited its investment in the theme
park operator Wonderla Holidays Limited as
reported by Business Standard.
US based CME group is keen on picking a 15% stake
in MCX. It can buy shares straight from the market if
the limits, toting up to 49%, are made fungible, as
reported by Economic Times.
LT Foods Ltd has incorporated a subsidiary named
as "LT Foods International Limited" in the United
Kingdom for strengthening its presence in Europe , as
reported by Economic Times.
A government overhaul of the British Steel Pension
Scheme - crucial to convincing anyone to buy Tata
Steel's British assets - is in jeopardy after Britons' vote
to leave the European Union deepened the fund's
debts and depleted its assets, as reported by
Economic Times.
MSL
Market Snapshot
Index
Days Close
% Change
Sensex
26740
0.81
Nifty
8204
0.94
Dow Jones
17694
1.64
NASDAQ
4779
1.86
S&P 500
2070
1.70
FTSE
6360
3.58
Nikkei
15722
1.00
Hang Seng
20793
1.75
Shanghai
2934
0.10
As on 30th June 2016 at 8.04 am
Day's Top Gainers
Scrip Name
%
BOSCHLTD
HEROMOTO
NTPC
BHEL
WIPRO
5.92
4.23
2.74
2.56
2.43
Day's Top Losers
Scrip Name
%
LUPIN
COALINDIA
ITC
BANKBARODA
BHARTIARTL
FIIs & DIIs Activity
Particulars
Buy
FII
3567
DII
1566
Rs in crores
Sell
Net
3464
103
1586
-20
Provisional as on 29th June 2016
Most Active contracts
Strike Price Change in open interest
CE 8100
-1493100
CE 8300
965025
PE 8150
1787850
PE 8200
1694175
ADRs (USD $ )
Company Closing %Chg Company Closing %Chg
Dr Reddy
49.57 1.12 Wipro
12.14 2.02
HDFC Bank 65.37 0.74 MTNL
0.48 0.00
ICICI Bank
7.10 2.90 Sterlite
Infosys
17.78 1.31 Tata Mot
33.66 0.87
Economy News
According to India Ratings & Research, the 7th Pay
Commission raise will boost consumption in the
economy by Rs 45,110 crore (or 0.3% of GDP) and
increase savings by Rs 30,710 crore (0.2% of GDP).
The ratings agency also said the central government’s Turnover
net tax revenue (after sharing with states) will increase
BSE
NSE
by Rs 14,100 crore (0.09% of GDP) this financial year,
as reported by Business Standard.
Cash
2699.45
17509.59
Raw sugar futures shot up more than 6%, fuelled as F&O
1.37 481932.58
strength in the real out of its previous trading range, to
Cross Currency Rates
its highest level in four years, as reported by Economic
Currencies
Rate
Times.
•
• F&O Outlook
Nifty PCR-OI has increased to 1.36 from 1.21. The
rise in the ratio may be due to increase in PE of 8100
and decrease in CE of 8100.
PE of 8150 and CE of 8200 are the highest number of
contracts traded.
-0.89
-0.73
-0.57
-0.42
-0.35
Total
20209.04
481933.95
Change
USD Rs/$
67.40 ▼0.38
Euro Rs/€
74.93 ▼0.05
JPY Rs/(100) ¥
65.70 ▼0.45
GOLD (1318 $/oz)
31,315 ►000
Oil ($ Per Barrel)
50.02 ▲1.13
As on 30th June 2016 at 8.10am.
• Opening for the Day:
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain
53 points at the opening bell.
Research Team.
Sterling Centre, 1st Floor, Opp. Divine Child School, Andheri-Kurla Road, Andheri (E) Mumbai 400093
Telephone No.: 022 61418700. Fax No.: 022 28302047
Maximus Securities Research
Registered Office_____________________________________________________
MAXIMUS SECURITIES LTD.
Sterling Centre, 1st Floor,
Opp. Divine Child High School,
Andheri-Kurla Road, Andheri (East)
Mumbai 400093
Fax: 28302047
DISCLAIMER
This information has been compiled from the sources believed to be reliable, but we do not hold ourselves
responsible for its completeness or accuracy. This is not an offer to sell or solicitation to buy any securities. Whilst
all reasonable care has been taken to ensure that the facts stated are fair and accurate and the opinions given
are fair and reasonable, Maximus Securities Ltd., its directors, officers or employees shall not in any way be
responsible for the actions taken on the basis of its contents.
SEBI Research Analyst Registration Number INH000001147.
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