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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. Page 2/2