HeadStart
30 October 2017
Stocks in the News & Views
Larsen & Toubro (L&T) (Rs 1223.50): handed over an offshore patrol vessel (OPV), entirely developed in-house by company, to the Coast Guard. The vessel named ‘Vikram’, built at Larsen and Toubro's Kattupalli shipyard, about 45 km from here, was handed over to the Coast Guard ahead of the March 2018 delivery schedule. This is the first of the seven vessels for which the Rs 14.32 billion contract had been awarded by the Ministry of Defence in March 2015.

Cipla (Rs 623.30): said its subsidiary InvaGen Pharmaceuticals Inc has received final approval from the US health regulator for Sevelamer Carbonate tablets, indicated for the control of serum phosphorus in adults with chronic kidney disease (CKD) on dialysis. Cipla said "its subsidiary, InvaGen Pharmaceuticals Inc. has received final approval for its abbreviated new drug application (ANDA) for Sevelamer Carbonate Tablets, 800 mg, from the United States Food and Drug Administration (USFDA)". The approved product is a generic equivalent to the reference listed drug (RLD), Renvela tablets, 800 mg of Genzyme Corporation, it added.


Jaypee Infratech (Rs 13.86): The interim resolution professional (IRP) appointed in the Jaypee Infratech insolvency case has invited companies, investment firms and fund houses with a net worth of over Rs 10bn to complete the developer’s delayed projects, including Noida’s Wish Town, by infusing Rs 20 bn or more.


Ashok Leyland (Rs 128.0): is looking at investing Rs 400-500 crore in its electric vehicle business over the next three to five years.


Sunteck Realty (Rs 345.0): has raised over Rs 650 crore from global financial institutions through Qualified Institutional Placement (QIP) and promoter's capital infusion. The company is planning to use the money raised to support business growth through new land and projects acquisitions.



Corporate Diary for the day
Company Purpose
HDFC, Tata Steel, Lupin, Marico, IDFC, Wockhardt, Bharat Electronic, LIC Hsg, EIH
Results

Research Team
Quantum Securities

Tel: 91-22-66321300
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India Indices
  Close Change
Nifty 10323.0 -20.8
Nifty Futures 10356.8 -3.7
Sensex 33157.2 +10.1
BSE Mid-Cap 16379.6 +45.2
BSE Small-Cap 17303.7 +46.9
BSE Bankex 28096.5 -233.7
BSE IT 10417.1 +8.5
BSE PSU 9519.6 -142.2
Nifty Top Gainers
  Close % Change
BAJAJFIN 1823.5 4.4
ADANIPORTS 431.8 4.2
SUNPHARMA 551.0 3.9
Advances / Declines
NSE 849/776
BSE 1371/1349
Currencies
Re / $ 64.90
Re / Euro 75.33
Re / Pound 85.26
Yen / $ 113.63
Derivatives
Open Interest - % Increase  
V-Guard
59.4
JSW Energy
29.2
Ajanta Pharma
26.8
Open Interest - % Decrease  
Canara Bank
14.8
Bank of India
12.8
SAIL
9.6
Bulk Deals (Inst / MFs)
Stock Client  
Qty
Rate
NA NA      
Global Indices
 
Close
Change
Nikkei 21990.3 -18.1
Hang Seng 28451.0 +12.0
DJIA 23434.2 +33.3
Nasdaq 6701.3 +144.5
FTSE 100 7505.0 +18.5
Shanghai 3377.2 -39.6
Straits Times 3379.6 -6.8
Brazil Bovespa 75975.7 +79.4
Nifty Top Losers
 
Close
% Change
INFRATEL 419.0 7.9
YESBANK 307.7 7.1
IOC 413.0 5.4
Market Turnover (Rs Bn)
  27 Oct 30 Day Avg
BSE Cash 55.95 39.19
NSE Cash 369.41 299.29
F&O (NSE) 3413.28 7142.40
Total 3838.64 7480.88
Commodities
  Close Change
Crude Brent ($/bl) 60.40 -0.04
Gold (Rs/10gms) 29200 -400
FII Activity (Derivatives)(Rs bn) 27th Oct 2017
Index Futures -0.66
Stock Futures -2.23
Total -2.90
FII Activity (Equity) (Rs Mn)
26 October +13800
MTD +17290
YTD +367080
MF Activity (Equity) (Rs Mn)
24 October +6910
MTD +88730
YTD +965250