MARKET LENS. Positional Pick. Intraday Picks NIFTY 9108 IN FOCUS STOCK IN FOCUS. Institutional Equity Research

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Transcription:

EQUITY INDICES Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 29,421.4 89.2 0.3% 2.1% 10.5% CNX Nifty 9,108.0 21.7 0.2% 2.4% 11.3% S&P CNX 500 7,905.3 19.6 0.2% 2.6% 13.2% CNX IT INDEX 10,769.0 (81.8) -0.8% 0.6% 3.6% International Last Trade Change 1-D 1-Mth YTD DJIA 20,596.7 (59.9) -0.3% -1.2% 4.2% NASDAQ 5,828.7 11.0 0.2% -0.6% 8.3% NIKKEI 18,972.4 (290.2) -1.5% -0.7% -0.7% HANGSENG 24,380.2 21.9 0.1% 1.9% 10.8% MSCI Emerging Mkts 969.1 1.2 0.1% 3.1% 12.4% STOCK IN FOCUS Majesco s stock price rose 3.2% in yesterday s trade, while the BSE Sensex rose by 0.3%. Majesco s 3QFY17 revenue fell 3.3% qoq in USD terms (-2.7% qoq in INR terms), owing to lack of client addition and currency headwinds, mainly GBP depreciation vs the USD. Client-specific issues continued during the quarter owing to delays in execution of a transformational project for a top-tier insurer. However, we believe key underlying industry fundamentals remain on track, with greater third party software aoption by insurers continuing to be witnessed. Majesco has entered into several strategic alliances with leading systems integrators like IBM for a joint go-to-market approach, which should boost revenue growth. After a relatively soft FY17 (around 10% USD revenue growth), we expect FY18E/FY19E revenue growth to bounce back at around 17-18% annually. We have a BUY rating on Majesco, with a target price of Rs 546. (CMP: 275) BUY For today s trade, long position can be initiated at Rs270 for target of Rs288-293 with a strict stop loss of Rs260. s (LTP: 320) BUY For today s trade, long position can be initiated at around Rs313 for target of Rs322-325 with a strict stop loss of Rs310. (LTP: 388) SELL For today s trade, short position can be initiated at around Rs392 for target of Rs383-380 with a strict stop loss of Rs396. ADRs / GDRs Last Trade Change 1-D 1-Mth YTD Dr. Reddy s Lab (ADR) 39.7 0.1 0.2% -8.3% -12.4% Tata Motors (ADR) 35.7 0.0 0.1% 5.1% 3.9% Infosys (ADR) 15.7 (0.0) -0.3% 3.0% 5.7% ICICI Bank (ADR) 8.4 0.1 1.1% 1.2% 12.1% HDFC Bank (ADR) 72.9 (0.2) -0.2% 1.9% 20.1% Axis Bank (GDR) 37.4 (0.1) -0.1% -2.1% 14.0% Reliance Ind (GDR) 39.3 0.5 1.4% 6.8% 24.6% COMMODITY MARKET Key Commodities Last Trade Change 1-D 1-Mth YTD Brent Crude ($/bl) 50.8 (0.0) -0.1% -9.2% -10.7% Silver ($/Oz) 17.9 0.1 0.6% -2.2% 12.3% Gold ($/Oz) 1,256.6 13.1 1.0% 0.3% 9.5% Copper LME ($/MT) 5,777.0 (20.5) -0.4% -2.3% 4.6% Aluminium LME ($/MT) 1,928.8 6.0 0.3% 2.3% 13.2% Baltic Dry 1,240.0 44.0 3.7% 41.2% 29.0% CURRENCY RATES Last Trade Change 1-D 1-Mth YTD USD/INR 65.4 65.5-0.2% -2.1% -3.7% EUR/INR 70.6 70.7 0.0% 0.2% -1.4% RATES Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 5.8 5.8 0.0% -4.7% -6.0% 10 Year G-sec Yield 6.8 6.8 0.0% -1.2% 4.9% INVESTMENT ACTIVITY (RS. CR) Category BUY SELL NET Prev FII 5,351.9 4,808.6 543.4 1,094.4 DII 2,903.1 2,786.6 116.5-590.8 EXCHANGE TURNOVER Exchange Rs Crore BSE Equity 5,566.6 BSE Derivatives 13.06 NSE Equity 26,737.5 NSE Derivatives 3,89,126.6 1

Technical Research MARKET SYNOPSIS On Friday, NSE-NIFTY reclaimed 9,100 mark in the initial trades, but later remained sideways during the day. Finally, after oscillating in 9,089-9,134 range during the day, NIFTY finished trade with gain of 22 points at 9,108 level. NSE Cash segment has reported turnover of Rs26,737 crore as compared to Rs24,331 crore earlier. Overall market breadth remained flat to negative, where 790 stocks advanced against 833 declined stocks. Mixed trend was observed across all the sectoral indices during the day. PSU Bank index emerged as a top gainer with the increase of 3.31% and IT index emerged as a top loser with the decrease of 0.8%. NSE-NIFTY OUTLOOK In the last week, NSE-NIFTY failed to continue prior uptrend amidst profit booking at higher levels, but recovery in last two trading sessions helped index to trim the loss. As mentioned earlier we believe that overall trend will remain positive, but high volatility cannot be ruled out in market amidst negative news flow about one of the market heavyweight. On the lower side, psychological mark-9,000 will continue to work as key reversal point for NIFTY, but break-down below that mark will trigger fresh selling pressure in market and that will drag index towards 8,850-8,800 range in the near-term. On the higher side, 9,170 will remain crucial level to watch out for. As for the day, support is placed at around 9,020 and then at 8,970 levels, while resistance is observed at 9,170 and then around at 9,220 levels. 2

Technical Research : CMP: 275 RECO: BUY AROUND: 270 TARGET: 288-293 STOP LOSS: 260 ICICI Bank reversed after taking support of its long-term moving average 200-day SMA and also the lower band of rising channel. Positive cross-over in key technical indicators-stochastic & RSI from their oversold zone is signaling that stock is on verge of turnaround and soon it will resume the uptrend. On the higher side, the stock will initially face hurdles around intermediate falling trend line and later around prior swing high, which are placed at Rs288 and Rs293 respectively. In case of major decline, long-term moving average 200-day SMA and also the lower band of rising channel (i.e. Rs260) will work as key reversal point for the stock. Thus, long position can be initiated at around Rs270 for the target of Rs288-293 with a strict stop loss of Rs260. 3

Derivatives Snapshot Nifty opened higher as Bank nifty led the momentum on the up move, but it declined from the high of 9,130 levels to close marginally positive for the day. Nifty ended 22 points higher at 9,108 levels. Among the nifty stocks 22 stocks advanced and 29 declined during the day. Sectorally it was a mixed bag with the highest gains in PSU Banks, FMCG and Realty to gain by 3.3%, 0.5% and 0.4% respectively while IT, Media and Pharma declined by 0.5% for the day. Broader market indices remained flat with NIFTY 100,200 and 500 to gain by 0.2% while midcap and small cap indices gained by 0.2% and 0.3% respectively. Nifty March futures end with 20 points premium at 9,118 mark while on other hand, Bank Nifty March futures ended with the premium of 18 points at 21,140 mark. Nifty has closed by 0.5% from last week, with the derivatives expiry next week we expect markets to be volatile, sustenance above 9,000 levels will be key for the up-move. Nifty 9,200 CE has the highest OI of 66 lakhs shares while on the downside multiple strikes of 8,900-8,800 PE has an average OI of 50 lakhs. Sectoral Activity: Amongst sectoral index, IT & Metals remained in focus with negative momentum. Stock Activity: TCS and Jindal Steel observed build up in short position. TOP 5 PRICE GAINERS ORIENTAL BANK OF COMMERCE 145.30 6.56% 344.42% -14.72% 137 143 151 BANK OF INDIA 133.05 5.18% 559.51% 3.88% 128 132 137 RURAL ELEC CORP. LTD. 173.85 4.38% 108.74% 4.76% 169 172 178 SYNDICATE BANK 69.40 4.28% 356.25% 3.92% 67 69 71 BANK OF BARODA 169.05 4.22% 214.96% -2.34% 164 168 173 TOP 5 PRICE LOSERS JINDAL STEEL & POWER LTD 119.75-4.58% 285.57% 15.80% 117 122 125 GRASIM INDUSTRIES LTD 1058.30-3.08% 174.06% 2.00% 1044 1071 1086 ADITYA BIRLA NUVO LIMITED 1536.00-2.40% -48.82% -1.77% 1518 1550 1568 RELIANCE CAPITAL LTD 599.80-2.01% -67.65% -10.43% 593 603 609 GAIL (INDIA) LTD 381.30-1.98% -9.89% -3.07% 377 380 385 TOP 5 OI GAINERS JINDAL STEEL & POWER LTD 119.75-4.58% 285.57% 15.80% 117 122 125 KAVERI SEED CO. LTD. 560.25 1.83% 147.01% 11.66% 553 561 568 TATA CONSULTANCY SERV LT 2427.20-1.35% 94.60% 8.57% 2410 2440 2457 ADANI ENTERPRISES LIMITED 105.75 1.15% 19.13% 8.23% 104 106 107 CG POWER AND IND SOL LTD 77.30 3.76% 111.89% 8.17% 75 76 79 TOP 5 OI LOSERS ORIENTAL BANK OF COMMERCE 145.30 6.56% 344.42% -14.72% 137 143 151 NIIT TECHNOLOGIES LTD 423.30 2.53% 164.62% -14.22% 416 420 428 HINDUSTAN ZINC LIMITED 323.25 1.16% -63.55% -12.66% 319 322 326 RELIANCE CAPITAL LTD 599.80-2.01% -67.65% -10.43% 593 603 609 JET AIRWAYS (INDIA) LTD. 492.55 2.34% 28.78% -8.42% 485 493 500 4

Derivatives Snapshot TOP 5 RISE IN % DEL CHG HERO MOTOCORP LIMITED 3375.25 0.23% 7.78% 6784.47% 3350 3365 3390 BANK OF INDIA 133.05 5.18% 559.51% 518.20% 128 132 137 DISH TV INDIA LTD. 107.05-1.02% 102.59% 465.67% 106 108 109 JINDAL STEEL & POWER LTD 119.75-4.58% 285.57% 436.31% 117 122 125 ALLAHABAD BANK 71.85 3.31% 96.71% 416.70% 70 71 73 TOP 5 DECLINE IN % DEL CHG STRIDES SHASUN LIMITED 1139.65-0.84% 49.55% -90.58% 1134 1142 1148 LTD 388.20 0.58% -68.82% -90.08% 386 389 391 HEXAWARE TECHNOLOGIES LTD 220.80-1.30% -83.54% -87.37% 219 222 224 RELIANCE CAPITAL LTD 599.80-2.01% -67.65% -78.00% 593 603 609 PC JEWELLER LTD 409.80 1.24% -29.03% -77.46% 403 410 417 SECTORAL ACTIVITY Value Average of OI Average of Price Total Average of Total OI Change % Change % Volume Volume Change % Consumer Discretionary 298709685 1.22% -0.02% 27967872-0.22% Consumer Staples 160860900 0.69% -0.18% 14051714-18.18% Energy 237743644-0.95% -0.35% 27004926-16.83% Financials 1955585722-0.49% 1.56% 275727258 84.41% Health Care 136486600-0.43% -0.30% 11647936 28.52% Industrials 970468950 0.86% 0.27% 117516355 1.24% Information Technology 108570550 1.40% -0.23% 13023001-6.95% Materials 534173850 1.17% -0.06% 79590152 32.22% Telecommunication Services 510237300 1.11% 0.07% 47367468 5.59% Utilities 878402700 0.49% 0.01% 49242164 2.07% Grand Total 5791239901 0.43% 0.32% 663138846 23.49% 5

Pivot Table Name LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 Nifty 50 9108.0 9066.2 9087.1 9110.3 9131.2 9154.5 Nifty Bank 21122.6 20830.3 20976.4 21075.3 21221.4 21320.2 ACC LIMITED 1396.5 1383.0 1389.7 1399.9 1406.6 1416.8 ADANI PORT & SEZ LTD 323.3 318.2 320.7 324.3 326.8 330.4 AMBUJA CEMENTS LTD 229.9 225.5 227.7 231.1 233.3 236.7 ASIAN PAINTS LIMITED 1064.3 1054.2 1059.2 1066.1 1071.2 1078.1 AUROBINDO PHARMA LTD 688.8 678.3 683.6 690.3 695.5 702.2 AXIS BANK LIMITED 489.4 479.1 484.2 490.0 495.1 500.8 BAJAJ AUTO LIMITED 2843.0 2807.7 2825.4 2852.7 2870.3 2897.6 BANK OF BARODA 169.1 158.0 163.5 167.5 173.1 177.1 BHARTI AIRTEL LIMITED 340.5 332.6 336.6 342.1 346.1 351.6 BHEL 167.1 164.6 165.8 167.8 169.0 171.0 BOSCH LIMITED 22972.9 22728.0 22850.5 22937.7 23060.2 23147.4 BHARAT PETROLEUM CORP LT 649.7 642.0 645.9 648.9 652.8 655.8 CIPLA LTD 594.0 587.8 590.9 594.6 597.6 601.3 COAL INDIA LTD 297.9 293.5 295.7 297.8 300.0 302.2 DR. REDDY S LABORATORIES 2628.4 2601.3 2614.8 2629.9 2643.5 2658.6 EICHER MOTORS LTD 24350.2 23976.8 24163.5 24406.7 24593.4 24836.6 GAIL (INDIA) LTD 381.3 371.8 376.5 379.8 384.5 387.8 GRASIM INDUSTRIES LTD 1058.3 1028.8 1043.5 1070.8 1085.6 1112.9 HCL TECHNOLOGIES LTD 873.1 868.2 870.6 873.6 876.0 878.9 HDFC LTD 1462.6 1442.7 1452.7 1460.0 1469.9 1477.2 HDFC BANK LTD 1424.4 1414.5 1419.4 1426.9 1431.9 1439.4 HERO MOTOCORP LIMITED 3375.3 3324.7 3350.0 3365.0 3390.3 3405.3 HINDALCO INDUSTRIES LTD 194.9 190.0 192.4 194.7 197.2 199.5 HINDUSTAN UNILEVER LTD. 900.2 892.6 896.4 900.8 904.6 909.0 LTD. 274.8 266.6 270.7 273.8 277.9 281.0 IDEA CELLULAR LIMITED 90.9 89.1 90.0 91.3 92.2 93.5 INDUSIND BANK LIMITED 1389.6 1366.8 1378.2 1391.4 1402.8 1416.0 BHARTI INFRATEL LTD. 310.4 306.1 308.3 311.4 313.6 316.7 INFOSYS LIMITED 1031.4 1018.1 1024.7 1034.4 1041.0 1050.7 ITC LTD 281.0 276.7 278.8 280.9 283.1 285.2 KOTAK MAHINDRA BANK LTD 879.4 854.1 866.7 876.6 889.2 899.1 LARSEN & TOUBRO LTD. 1551.2 1533.7 1542.5 1550.2 1559.0 1566.7 LUPIN LIMITED 1487.8 1463.9 1475.9 1486.9 1498.9 1509.9 MAHINDRA & MAHINDRA LTD 1275.8 1262.3 1269.1 1278.0 1284.8 1293.7 MARUTI SUZUKI INDIA LTD. 6004.7 5959.7 5982.2 6014.6 6037.1 6069.5 NTPC LTD 164.6 162.5 163.6 164.6 165.6 166.6 OIL AND NATURAL GAS CORP. 191.9 190.2 191.0 192.2 193.1 194.3 POWER GRID CORP. LTD. 193.8 192.2 193.0 194.1 194.9 196.0 RELIANCE INDUSTRIES LTD 1286.8 1258.9 1272.8 1282.4 1296.4 1306.0 STATE BANK OF INDIA 276.5 264.4 270.5 274.7 280.8 285.0 SUN PHARMACEUTICALS IND. 703.9 695.1 699.5 704.6 709.0 714.0 TATA MOTORS LIMITED 470.4 463.7 467.0 470.9 474.3 478.2 TATA MOTORS DVR A ORD 280.9 277.8 279.3 281.4 282.9 285.0 TATA POWER CO LTD 86.6 84.9 85.7 86.9 87.8 89.0 TATA STEEL LIMITED 493.2 485.9 489.6 494.7 498.4 503.5 TATA CONSULTANCY SERV LT 2427.2 2393.6 2410.4 2440.1 2456.9 2486.6 TECH MAHINDRA LIMITED 474.2 466.1 470.1 476.1 480.1 486.1 ULTRATECH CEMENT LIMITED 3974.0 3910.1 3942.0 3976.0 4008.0 4042.0 WIPRO LTD 513.3 507.7 510.5 512.2 515.0 516.8 YES BANK LIMITED 1529.1 1512.6 1520.8 1532.8 1541.0 1553.0 ZEE ENTERTAINMENT ENT LTD 518.5 509.6 514.0 520.0 524.4 530.4 6

Simple Moving Average Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK NIFTY 9108.0 9005.7 8787.1 8487.4 8524.3 9218.4 7516.9 BANK NIFTY 21122.6 20848.4 20209.5 19372.6 19168.9 21336.1 15440.3 ACC 1396.5 1406.6 1412.8 1380.6 1501.5 1736.4 1256.6 ADANIPORTS 323.3 310.0 303.9 290.0 267.7 329.8 169.7 AMBUJACEM 229.9 230.4 229.6 220.4 239.2 281.7 191.0 ASIANPAINT 1064.3 1044.1 1002.4 968.0 1034.2 1227.3 842.7 AUROPHARMA 688.8 676.1 684.4 698.5 741.7 895.0 621.9 AXISBANK 489.4 507.8 491.1 477.5 515.5 638.3 417.5 BAJAJ-AUTO 2843.0 2857.4 2809.2 2741.6 2766.0 3120.0 2332.0 BANKBARODA 169.1 163.3 166.3 162.0 160.0 191.7 128.3 BHARTIARTL 340.5 356.0 347.8 329.5 335.4 401.0 283.1 BHEL 167.1 162.3 150.2 139.2 138.1 172.1 110.5 BOSCHLTD 22972.9 22226.6 22124.4 21198.9 22228.8 25670.9 17671.6 BPCL 649.7 638.2 659.3 640.2 605.2 715.5 421.5 CIPLA 594.0 592.3 588.1 575.7 560.2 621.3 457.5 COALINDIA 297.9 309.1 313.4 309.3 316.3 350.0 271.7 DRREDDY 2628.4 2772.7 2899.5 3021.8 3100.4 3689.9 2555.2 EICHERMOT 24350.2 24036.7 23843.3 22959.6 22453.9 26641.3 18000.0 GAIL 381.3 380.9 367.7 344.8 318.5 400.6 251.2 GRASIM 1058.3 1031.8 979.5 917.6 929.5 1098.1 746.7 HCLTECH 873.1 854.2 842.5 821.4 797.9 880.0 706.4 HDFC 1462.6 1408.8 1369.7 1317.4 1330.2 1473.5 1060.2 HDFCBANK 1424.4 1405.7 1340.0 1272.3 1254.6 1454.0 1041.7 HEROMOTOCO 3375.3 3292.7 3214.0 3163.4 3241.9 3740.0 2820.4 HINDALCO 194.9 191.8 187.0 177.1 159.2 202.3 82.6 HINDUNILVR 900.2 885.7 865.4 844.7 870.5 954.0 782.0 ICICIBANK 274.8 276.8 276.1 269.1 262.7 298.4 213.2 IDEA 90.9 105.9 98.7 86.1 89.8 128.4 65.8 INDUSINDBK 1389.6 1346.3 1306.2 1208.0 1187.0 1404.6 911.7 INFRATEL 310.4 305.0 317.9 337.8 348.8 413.7 281.8 INFY 1031.4 1023.9 986.9 979.8 1033.7 1279.3 901.0 ITC 281.0 270.1 266.0 250.7 249.2 292.2 202.9 KOTAKBANK 879.4 834.1 792.6 769.8 772.3 886.4 655.5 LT 1551.2 1510.1 1481.9 1426.4 1462.5 1615.0 1177.8 LUPIN 1487.8 1462.7 1472.6 1475.9 1513.4 1750.0 1280.0 M&M 1275.8 1307.9 1278.4 1248.3 1330.4 1509.0 1141.4 MARUTI 6004.7 6006.8 5961.6 5607.7 5264.5 6233.9 3418.5 NTPC 164.6 160.3 167.1 163.5 159.1 178.3 125.1 ONGC 191.9 192.8 195.8 194.0 177.0 211.8 133.3 POWERGRID 193.8 193.5 198.3 191.1 181.4 209.3 136.5 RELIANCE 1286.8 1270.8 1139.9 1084.6 1056.0 1327.0 925.7 SBIN 276.5 271.5 267.8 262.4 250.6 288.8 166.4 SUNPHARMA 703.9 692.1 667.0 666.5 719.8 855.0 571.9 TATAMOTORS 470.4 467.0 492.0 484.4 498.1 598.4 361.5 TATAPOWER 86.6 84.1 82.1 78.2 76.8 88.1 60.4 TATASTEEL 493.2 487.3 475.1 440.9 404.5 508.8 296.3 TCS 2427.2 2495.3 2393.6 2323.6 2413.6 2744.8 2051.9 TECHM 474.2 488.9 485.0 474.8 475.9 557.2 405.5 ULTRACEMCO 3974.0 3888.9 3734.1 3592.4 3659.7 4129.7 3050.0 WIPRO 513.3 495.6 481.6 470.4 494.5 607.0 408.1 YESBANK 1529.1 1479.0 1427.0 1302.7 1260.5 1545.5 826.5 ZEEL 518.5 515.2 506.0 482.7 490.6 589.9 372.6 7

Bulk Deals Snapshot Deal Date Scrip Code Company Client Name Deal Type* Quantity Price ** 24/03/2017 538734 ADCC SHEETAL SOMANI B 270,000 136.5 24/03/2017 538734 ADCC AMIT KEDARNATH SOMANI S 270,000 136.5 24/03/2017 539693 ALORA MITESHKUMAR MANUBHAI SHARMA B 75,000 23 24/03/2017 539693 ALORA RIPALBEN DAHYABHAI CHAUDHARI B 75,000 23 24/03/2017 539693 ALORA JILLA AND MEHTA FINANCIAL SERVICES PVT LTD. B 100,000 23.85 24/03/2017 538465 AMARSEC PADMA REWACHAND ADVANI S 15,150 29.5 24/03/2017 538465 AMARSEC PADMA REWACHAND ADVANI B 15,150 29.6 24/03/2017 539265 AMRAFIN NITIN PARIKH BROKERAGE SERVICES LIMITED B 80,400 68.85 24/03/2017 539265 AMRAFIN ANMOL SHARE TRADERS LIMITED B 224,400 68.85 24/03/2017 539265 AMRAFIN AMPS GLOBAL PVT LTD S 108,000 68.85 24/03/2017 539265 AMRAFIN PRIME FINVEST B 345,600 68.85 24/03/2017 539265 AMRAFIN NITIN PARIKH S 300,000 68.85 24/03/2017 539265 AMRAFIN ORANGE MIST PRODUCTIONS PVT LTD B 177,600 68.85 24/03/2017 539265 AMRAFIN HETALBEN N VORA S 163,200 68.85 24/03/2017 531761 AMULEAS ATUL SALUJA S 72,000 330.27 24/03/2017 531761 AMULEAS ATUL SALUJA HUF B 46,919 330.69 24/03/2017 539251 BALKRISHNA MANOJ HARJIVANDAS MODI B 421,333 70.5 24/03/2017 539251 BALKRISHNA KHUSHBOO RAJIV PODDAR S 421,333 70.5 24/03/2017 502355 BALKRISIND MANOJ HARJIVANDAS MODI B 1,874,563 1,413.75 24/03/2017 502355 BALKRISIND KHUSHBOO RAJIV PODDAR S 1,874,563 1,413.75 24/03/2017 502761 BLUBLND-B GEDALIA MULTITRADING PRIVATE LIMITED S 108,995 41.55 24/03/2017 538965 CONCORD MEENAKSHI VIJAYWARGI B 57,278 61.61 24/03/2017 531556 CORALFINAC INDIA MAX INVESTMENT FUND LIMITED B 50,000 157 24/03/2017 508814 COSMOFILMS HANUMAN TEXTILE MFG & INVESTMENT CO LTD S 2,389,000 381.1 24/03/2017 508814 COSMOFILMS GAYATRI & ANNAPURNA B 2,389,000 381.1 24/03/2017 538521 CROWNTOURS VIPUL BHANDARI S 190,000 35.5 24/03/2017 538521 CROWNTOURS SUMAN BHANDARI S 190,000 35.5 24/03/2017 538521 CROWNTOURS SHAILA BHANDARI B 600,000 35.5 24/03/2017 538521 CROWNTOURS BHARAT RAJ BHANDARI S 600,000 35.5 24/03/2017 538521 CROWNTOURS ABHILASHA BHANDARI B 380,000 35.5 24/03/2017 539596 DELTA NAMASKAR DEALCOM PRIVATE LIMITED. S 34,900 25.3 24/03/2017 539596 DELTA LAGAN BARTER PRIVATE LIMITED. S 35,000 25.34 24/03/2017 539596 DELTA KAMAL KISHORE RATHI B 40,000 25.3 24/03/2017 540144 DRA ASHISH. S 60,000 46 24/03/2017 540144 DRA ASHISH. B 60,000 42.65 24/03/2017 540144 DRA RAJESH BIDHURI S 60,000 42.65 24/03/2017 540144 DRA RAJESH BIDHURI B 60,000 46 24/03/2017 531486 FILME GIRISHKUMAR PRABHUDAS RUPAREL B 386,260 0.86 24/03/2017 531486 FILME AMRUT SECURITIES LIMITED S 386,260 0.86 24/03/2017 531813 GANGAPA RAS POLYTEX PRIVATE LIMITED S 500,000 10.4 24/03/2017 531813 GANGAPA AMIT CHAUDHARY B 500,000 10.4 24/03/2017 500655 GARWARPOLY B D GARWARE RESERACH CENTRE B 175,000 128.5 24/03/2017 500655 GARWARPOLY GREAT VIEW REAL ESTATES PRIVATE LIMITED B 200,000 128.5 24/03/2017 500655 GARWARPOLY S. B. GARWARE FAMILY TRUST S 375,000 128.5 24/03/2017 506109 GENESYS TAIYO GREATER INDIA FUND LTD B 466,100 190 24/03/2017 506109 GENESYS SAJID MALIK S 510,401 190.56 24/03/2017 533761 GPTINFRA GPT Sons Private Limited. B 150,000 237.27 *B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price 8

Monthly Economic Calendar Date Country Event Period Prior 28-Mar-17 US Conf. Board Consumer Confidence Mar -- 30-Mar-17 US GDP Annualized QoQ 4Q T -- 30-Mar-17 US Initial Jobless Claims Mar/17 -- 31-Mar-17 JN Jobless Rate Feb -- 31-Mar-17 JN Industrial Production MoM Feb P -- 31-Mar-17 UK GDP QoQ 4Q F 0.7% 31-Mar-17 UK GDP YoY 4Q F 2.0% 31-Mar-17 IN Fiscal Deficit INR Crore Feb -- 9

Corporate Actions Ex-Dividend Company Name Ex-Date Purpose Indiabulls Ventures Limited 27-Mar-17 Interim Dividend Re 1/- Per Share PTL Enterprises Limited 27-Mar-17 Scheme Of Arrangement Hindustan Zinc Limited 29-Mar-17 Interim Dividend (Date Revised) MphasiS Limited 30-Mar-17 Buyback Muthoot Finance Limited 30-Mar-17 Interim Dividend The United Nilgiri Tea Estates Company Limited 30-Mar-17 Interim Dividend Container Corporation of India Limited 5-Apr-17 Bonus 1:4 Linde India Limited 7-Apr-17 Annual General Meeting/Dividend Re 0.75 Per Share Varun Beverages Limited 7-Apr-17 Annual General Meeting KSB Pumps Limited 12-Apr-17 Annual General Meeting/Dividend - Rs 5.50 Per Share Sanofi India Limited 25-Apr-17 Annual General Meeting/Dividend Rs 50/- Per Share Rain Industries Limited 26-Apr-17 Annual General Meeting Result Calendar Company Name Board Meeting Date Purpose GM Breweries Limited 6-Apr-17 Results/Dividend Prime Securities Limited 6-Apr-17 Results GM Breweries Limited 6-Apr-17 Results Goa Carbon Limited 11-Apr-17 Results/Dividend Infosys Limited 13-Apr-17 Results/Dividend HDFC Bank Limited 21-Apr-17 Results/Dividend Persistent Systems Limited 25-Apr-17 Results Mahindra Lifespace Developers Limited 28-Apr-17 Results POLARIS CONSULTING & SERVICES LIMITED 15-May-17 Results/Others Rane (Madras) Limited 16-May-17 Results Rane Brake Lining Limited 17-May-17 Results TCI Developers Limited 17-May-17 Results Transport Corporation of India Limited 17-May-17 Results Rane Engine Valve Limited 18-May-17 Results Rane Holdings Limited 26-May-17 Results 10

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