CORPORATE NEWSLETTER

5th October 2015

SWASTIKA INTELLIGENCE GROUP

MARKET ROUND-UP

INDIAN MARKETS
BSE
26220.95
+66.12
+0.25
26431.80
26168.71
26154.83

Particulars

Key indices may surge in early trade tracking firmness in

Asian stocks. Trading of CNX Nifty futures on the Singapore
stock exchange indicates that the Nifty could surge 80
points at the opening bell.
In overseas stock markets, Asian stocks rose after
prospects of a near-term interest rate hike by the Federal
Reserve ebbed in the wake of last week's weaker-thanexpected US employment data. Data released Friday, 2
October 2015, showed US non-farm payrolls rose by
142,000 in September, considerably lower than the market
expectations. The possibility of the Fed delaying the lift-off
date for rates also meant its loose policy, which has helped
shore up risk assets globally by providing cheap cash,
would continue a little longer. US stocks closed on a
positive note on Friday, 2 October 2015 thanks to a lateafternoon rally, but a weak US jobs report added to
worries that the economy is slowing.
foreign portfolio investors (FPIs) bought shares worth a net
Rs 116.08 crore yesterday, 30 September 2015, as per
provisional data released by the stock exchanges. Domestic
institutional investors (DIIs) sold shares worth a net Rs
191.78 crore yesterday, 30 September 2015, as per
provisional data.
In commercial vehicles, medium and heavy commercial
vehicles (M&HCV) sales grew by 52% to 15,915 units in
September 2015 over September 2014. The light & small
commercial vehicle sales however continued to reflect
industry decline and were down by 29% to 13,124 units in
September 2015 over September 2014. These impacted
the overall commercial vehicles sales for Tata Motors in the
domestic market, that were flat at 29,039 units in
September 2015
TURNOVER IN CASH (RS. IN CR.)
NSE
BSE
17401.66

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2937.39

Current Value
Points
% Change
High
Low
Previous Close

NSE
7950.90
+2.00
+0.03
8008.25
7930.65
7948.90

WORLD INDICES
Close
8039.00
17941.62
3053.32
21910.00
16472.37
4707.77
6129.98
4458.88
9553.07

Index
SGX Nifty
Nikkei 225
Shanghai
Hang Seng
Dow Jones
Nasdaq
FTSE
CAC
DAX

Change
+80.50
+216.49
+15.18
+403.91
+200.36
+80.69
+57.51
+32.34
+43.82

COMMODITIES

UNITS

VALUE

CHANGE

Crude Oil (Brent)

Comex Gold
Comex Silver

$/bbl
$/oz.
$/oz.

48.29
1137.40
15.25

+0.16
+0.80
-0.02

FII DERIVATIVES STATISTICS (RS. IN CR.)

SEGMENT
Buy
Sell
Open Interest
INDEX FUTURES
2163.15
1199.49
17915
INDEX OPTIONS
9893.77
9870.96
60142.5
STOCK FUTURES
2265.14
2395.71
44988.2
STOCK OPTIONS
1351.13
1371.19
1566.96

MARKET METER
Group
NSE
BSE

Advance
24
1375

Decline
26
1325

Unchanged
0
119

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CORPORATE NEWSLETTER
5th October 2015

SWASTIKA INTELLIGENCE GROUP

.

NIFTY TOP GAINERS/LOSERS

NIFTY TOP GAINERS

NIFTY TOP LOSERS

Symbol

LTP

% Change

Volume

Symbol

LTP

% Change

Volume

ULTRACEMCO
LUPIN
ZEEL
SUNPHARMA
ADANIPORTS

2,776.00
2,099.10
401.55
888.20
305.35

3.84
3.20
2.32
2.28
2.12

6,77,149
27,49,646
22,31,208
22,78,061
44,50,444

HCLTECH
BHEL
GAIL
MARUTI
VEDL

859.00
198.80
293.50
4,579.00
83.45

-12.54
-3.28
-2.91
-2.28
-1.48

1,33,83,212
63,83,947
8,46,665
10,87,189
90,19,521

NEWS DIGEST

Revision in base rates

- ICICI Bank cuts base rate by 35 basis points (bps) to 9.35 percent effective October 5
- Central Bank Of India cuts base rate by 25 bps to 9.70 percent w.e.f October 8
- Karnataka Bank cuts base rate by 25 bps to 10.25 percent w.e.f October 5
- Dena Bank cuts base rate by 30 bps to 9.7 percent w.e.f October 5
- Syndicate Bank cuts base rate by 30 bps to 9.70 percent effective October 1
- Karur Vysya Bank cuts base rate by 35 bps to 10.40 percent from October 5
- United Bank of India cuts base rate by 25 bps to 9.65 percent from October 5
Biocon Says
-Acquires business assets of Vizag manufacturing unit of Acacia Life
-Says Acacia Life's Vizag unit manufactures advanced intermediates of potent APIs
Navin Fluorine International
-Subsidiary NFIL UK acquires balance 49 percent stake in Manchester Organics, UK at pound 6.3 million
-In May 2011, company had acquired 51 percent stake in Manchester Organics, UK
-Manchester Organics engaged in specialised chemical research

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Page 2 of 5

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

5th October 2015

Hitachi Home says

-Hitachi Appliances divests its stake in company into a global joint venture
-Johnson Controls & Hitachi complete global air conditioning joint venture
-Johnson Controls to have 60 percent stake in the new entity, Hitachi to have 40 percent
-Operations of Johnson Controls-Hitachi Air Conditioning to begin immediately
September Auto Sales: Tata Motors
-Total sales down 2 percent at 45,215 units (YoY)
-Passenger vehicle sales flat at 11,774 units (YoY)
-Commercial vehicle sales flat at 29,039 units (YoY)
-Medium & heavy commercial vehicle sales up 52 percent at 15,915 units (YoY)
-Exports down 16 percent at 4,402 units (YoY)
-Jaguar Land Rover domestic sales at 247 units versus 215 units (YoY)
TVS Motor
-Total sales down 1.7 percent at 2.32 lakh units (YoY)
-Total exports up 33 percent at 41,435 units (YoY)
-TVS Motor says sales during Q2 increased to 6.79 lakh units
Gujarat Industries Power Company (GIPCL) says
-Have signed agreements Power System Development Fund (PSDF) support scheme
-To supply incremental 17.59 million units of electricity to the state grid from Vadodara Power Plant
-In agreement with GAIL to supply 39.61 million SCM e-bid R-LNG
-In power purchase agreement with Gujarat Urja Vikas Nigam (GUVNL) for generation & supply of incremental 17.59
million Units to state grid
Larsen and Toubro (L&T) says
-L&T Shipbuilding in MoU with Adani Ports to evaluate operations at Kattupalli port
-L&T Shipbuilding enters into a non-binding MoU with Adani Ports for a month
-Definitive agreements with Adani Ports would be entered into later
Bank of India
-Bank allots 12,70,04,655 equity shares to government on September 30
-Consequently, government shareholding increases from 64.43 percent to 70.13 percent
-Correspondingly, non-government shareholding decreases from 35.57 percent to 29.87 percent
L&T , AM Naik says
-Need a bigger rate cut to boost the economy
-Major issue is that bank is not transmitting rate cut to consumers -Happy with 125 bps rate cut from the RBI so far
-Companies not participating in public
-private partnership projects due to financial stress -Pick-up in on-ground activities still slow
-Expect savings of Rs 100 crore for company post rate cut
-Dont think world picture is gloomy
-8 Out of 10 companies facing a financial crunch
-As many as 75 road projects stalled due to the financial trouble
-Rate cut impact to be seen only in the long-term
-China slowdown is an opportunity
-Government will meet 30 kilometre per day target, so far on track
-National power grid needs to be strengthened
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Page 3 of 5

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

5th October 2015

-Major problem apart from power generation is power distribution

Other stocks and sectors that are in news today:
- Maruti Suzuki India board approves contract manufacturing agreement and lease deed proposed to be signed by
company with Suzuki Motor Gujarat
- L&T mulls raising USD 180 million via external commercial borrowings for Hyderabad Metro
-CNG price cut by 80 paise per kg in Delhi; piped cooking gas rate cut by 70 paise per unit
-Government notifies final spectrum sharing guidelines
-RBI says foreign shareholding in Prestige Estates reaches trigger limit
- Power Finance Corporation cuts interest rates on rupee term loan by 35-100 bps effective October 1
- NBCC bags orders worth Rs 277 crore in September
- Greenply Industries commences commercial production of UV coated panels at manufacturing unit at Pantnagar,
Uttarakhand
- Union Bank of India allots 5,16,62,281 equity shares at issue price Rs 209.05 per share on preferential basis to
government

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CORPORATE NEWSLETTER
5th October 2015

SWASTIKA INTELLIGENCE GROUP

Report Prepared By
Sandeep Choubey

Designation
Technical Research Analyst

E-Mail ID
sandeep.choubey@swastika.co.in

Research Team
Santosh Meena
Anisha Agrawal
Amit Khare
Manish Bimal
Khwaja Mansoori

Designation
Senior Research Analyst
Fundamental Research Analyst
Senior Research Analyst
Technical Research Analyst
Technical Research Analyst

E-Mail ID
santosh.meena@swastika.co.in
anisha.agrawal@swastika.co.in
amit.khare@swastika.co.in
manish.bimal@swastika.co.in
khwaja.husan@swastika.co.in

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document should make necessary investigations as they consider important to arrive at an independent evaluation of an investment in the securities of the companies referred
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