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Daily Newsletter-Equity 30/09/2015

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EQUITY INDICES Indices Absolute Change Percentage Change Domestic Last Trade Change 1-D 1-Mth YTD BSE Sensex 31,904.4 (50.9) -0.2% 2.0% 19.8% CNX Nifty 9,873.3 (26.3) -0.3% 2.5% 20.6% S&P CNX 500 8,641.6 (20.5) -0.2% 2.3% 23.8% SENSEX 50 10,240.2 (23.6) -0.2% 2.5% 21.5% International Last Trade Change 1-D 1-Mth YTD DJIA 21,611.8 (29.0) -0.1% 0.9% 9.4% NASDAQ 6,390.0 5.0 0.1% 2.5% 18.7% NIKKEI 20,092.8 (51.8) -0.3% -0.2% 5.1% HANGSENG 26,695.3 (44.9) -0.2% 3.9% 21.3% MSCI Emerging Mkts 1,059.4 (0.7) -0.1% 5.3% 22.9% STOCK IN FOCUS ABB India reported strong earnings in 2QCY17. Its PAT grew by 34.9% YoY at Rs0.75bn in 2QCY17 while revenue rose by 6.0% YoY to Rs23.3bn in line with our estimate owing to better execution in Electrification Products (+20% YoY). ABB India was among the earliest players to tap solar opportunity in India via range of solar inverters (50% market share) and power evacuation solutions. In T&D space, high technology products i.e. HVDC, Static Compensators, FACTS & GIS are its key focus areas. On the Rail side, it supplies Traction Transformers & Converters, which constitute 4-5% of annual orders. Urban infrastructure including Metros & Real Estate are the key markets, where ABB is sees growth opportunities in next few years. We expect ABB to see 34.5% CAGR in earnings through CY16-18E, while RoE is expected to improve to 15.4% in CY18E from 11.5% in CY16. On the back of strong presence in power T&D space, we expect ABB would continue to command higher multiple, going forward. Valuing at 50x CY18E (15% discount to its mean multiple of 60x (2005-15) earnings of Rs32.1/share, we have BUY recommendation with a Target Price of Rs1,607. (LTP: 2445) BUY For today s trade, long position can be initiated at 2420 for target of Rs 2580 with a strict stop loss of Rs 2340 s (LTP: 461) SELL For today s trade, short position can be initiated at Rs 467 for target of Rs 454 with a strict stop loss of Rs 472. Traders are advised to avoid early morning whipsaw. (LTP: 184) BUY For today s trade, long position can be initiated at Rs 182 for target of Rs 189 with a strict stop loss of Rs 178. Traders are advised to avoid early morning whipsaw. ADRs / GDRs Last Trade Change 1-D 1-Mth YTD Dr. Reddy s Lab (ADR) 42.2 (0.3) -0.7% 0.8% -6.7% Tata Motors (ADR) 35.4 (0.5) -1.3% 1.2% 3.1% Infosys (ADR) 15.5 0.1 0.9% 3.6% 4.7% ICICI Bank (ADR) 9.3 (0.0) -0.3% 4.0% 36.1% HDFC Bank (ADR) 92.0 0.5 0.5% 4.4% 51.6% Axis Bank (GDR) 41.6 1.5 3.7% 5.7% 26.8% Reliance Ind (GDR) 47.3 0.2 0.4% 7.5% 49.8% COMMODITY MARKET Key Commodities Last Trade Change 1-D 1-Mth YTD Brent Crude ($/bl) 49.3 0.0 0.0% 10.0% -13.2% Silver ($/Oz) 16.3 (0.0) -0.1% -1.1% 2.5% Gold ($/Oz) 1,244.4 (0.1) 0.0% -0.2% 8.4% Copper LME ($/MT) 5,925.3 (4.3) -0.1% 5.2% 7.3% Aluminium LME ($/MT) 1,892.3 (1.8) -0.1% 0.8% 11.0% Baltic Dry 948.0 16.0 1.7% 12.3% -1.4% CURRENCY RATES Last Trade Change 1-D 1-Mth YTD USD/INR 64.4 64.3 0.2% -0.1% -5.1% EUR/INR 74.1 74.1 0.0% 3.0% 3.3% RATES Last Trade Change 1-D 1-Mth YTD T-Bill - 91 D 6.1 6.1-0.3% -2.6% -1.4% 10 Year G-sec Yield 6.5 6.5 0.0% 0.4% -1.0% INVESTMENT ACTIVITY (RS. CR) Category BUY SELL NET Prev FII 4,299.1 4,144.2 154.91 1,046.7 DII 3,220.9 3,220.9.08-12.5 EXCHANGE TURNOVER Exchange Rs Crore BSE Equity 3,894.3 BSE Derivatives 3.92 NSE Equity 25,832.4 NSE Derivatives 9,90,732.7 1

Technical Research MARKET SYNOPSIS On Thursday, NSE-NIFTY rose to 9,923 level post a firm opening on back of positive global cues, but later due to higher level profit booking index remained in pressure during the day and finally, settled the session near the day s low of 9,863 mark, with cut of 26 points. NSE Cash segment reported turnover of Rs25,832 crore as compared to Rs27,627 crore earlier. Overall market breadth remained negative, where 777 stocks advanced against 897 declined stocks. Mixed trend was observed across all the sectoral indices during the day, where none of the sectoral indices advanced more than 0.5%. PSU Bank index emerged as a top loser with the decrease of 1.2%. NSE-NIFTY OUTLOOK NSE-NIFTY failed to continue prior daily up-trend and lost 9,900 mark, where index has formed Dark-cloud Cover pattern on the daily chart. The Dark-cloud Cover pattern is a bearish trend reversal or top reversal pattern that appears in an uptrend, signaling a change in sentiment. Fall in key technical indicators from their higher levels are also indicating the same. Despite all odds, our view will remain positive on NIFTY, where one should utilize any decline from here to create fresh long position. On the lower side, its short-term and medium-term moving averages (i.e. 20-day and 50-day EMAs) will continue to work as key reversal point for the index, which are now placed at 9,755 and at 9,605 levels respectively. On the higher side, NIFTY will face major hurdles around the psychological mark- 10,000 and then at 10,100 level. As for the day, support is placed at around 9,840 and then at 9,790 levels, while resistance is observed at 9,930 and then around at 10,000 levels. 2

Technical Research : CMP: 2445 RECO: BUY AT: 2420 TARGET: 2580 STOP LOSS: 2340 The stock has bounced from its long term averages with sustained positive price momentum in the past few days confirming an uptrend. The key technical indicator has also reversed from their lower levels and is expected to break on the upside. The stock has strong support on its weekly charts holding the short and medium term averages and the positive divergence in the last week candle confirms the up-move. Thus, one can initiate long position at the lower range near Rs.2420 for target of Rs2580 with a stop loss of Rs 2340. 3

Derivatives Snapshot Nifty opened higher but failed to sustain at higher levels and corrected in the second half of the day to close near the low point of the day. Nifty closed down by 26 points at 9,873 levels. Among the nifty stocks 12 stocks advanced and 39 declined during the day. Sectorally it was a mixed bag with Banks and Realty to gain by 0.3% average while profit booking was observed in Metals, Pharma and IT to decline by 0.9% average. Broader market indices remained flat to negative with NIFTY 100,200 and 500 to close down by 0.3% average while midcap indices and small cap indices declined by 0.2% and 0.1% respectively. Nifty July futures ends with 14 points premium at 9,888 mark, while on other hand, Bank Nifty July futures ended with the premium of 22 points at 24,235 mark. We continue to believe Nifty will consolidate in range of 9,800-9950 levels for few days, post that we could see some momentum depending upon the breakout levels. The trend will turn negative if we break 9,750 levels on the downside. Nifty 10,000 CE continue to remain the heaviest at 70 lakh shares while on the downside 9,800 PE has the highest put OI of 65 lakhs shares. Sectoral Activity: Amongst sectoral index, Pharma and FMCG remained in focus with negative momentum. Stock Activity: Lupin and Pidilite observed build up in short position. TOP 5 PRICE GAINERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance SINTEX INDUSTRIES LTD 37.85 7.83% 106.28% 11.74% 36 37 39 JUSTDIAL LTD. 378.05 6.66% 594.38% -21.89% 362 381 397 ENGINEERS INDIA LTD 164.70 4.60% 683.47% 16.30% 159 162 168 SREI INFRASTRUCTURE FINAN 131.90 4.19% 319.18% 14.66% 126 132 137 FORTIS HEALTHCARE LTD 157.00 4.18% -26.65% -4.19% 153 156 160 TOP 5 PRICE LOSERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance CANARA BANK 351.90-5.21% 170.74% 4.94% 347 354 358 MINDTREE LIMITED 484.30-4.41% 102.30% 8.03% 478 489 495 HINDUSTAN PETROLEUM CORP 367.85-4.13% 16.37% 1.59% 362 369 375 MRPL 126.00-3.56% -22.23% 3.63% 123 128 131 CADILA HEALTHCARE LIMITED 525.80-3.51% -47.94% 4.21% 516 531 541 TOP 5 OI GAINERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance INFIBEAM INCORP. LIMITED 1248.80 2.97% -33.46% 48.62% 1207 1232 1275 RELIANCE INDUSTRIES LTD 1528.90-0.26% 15.57% 19.45% 1518 1534 1545 ENGINEERS INDIA LTD 164.70 4.60% 683.47% 16.30% 159 162 168 ICICI PRU LIFE INS CO LTD 461.50-2.69% 123.10% 14.72% 456 466 471 SREI INFRASTRUCTURE FINAN 131.90 4.19% 319.18% 14.66% 126 132 137 TOP 5 OI LOSERS Stock Name LTP % Price Chg % Vol Chg %OI Chg Support Pivot Resistance JUSTDIAL LTD. 378.05 6.66% 594.38% -21.89% 362 381 397 REPCO HOME FINANCE LTD 814.20 0.13% 28.62% -13.88% 799 816 831 OIL INDIA LTD 285.25 0.60% 13.51% -12.23% 278 287 294 HAVELLS INDIA LIMITED 463.35-0.72% -87.33% -9.61% 459 464 468 CUMMINS INDIA LTD 974.45 0.83% 54.60% -9.10% 965 971 980 4

Derivatives Snapshot TOP 5 RISE IN % DEL CHG Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance SRF LTD 1502.30-1.69% 271.94% 1204.41% 1489 1513 1526 HINDUSTAN ZINC LIMITED 280.40-0.14% 505.99% 586.39% 275 280 286 NMDC LTD. 123.40 2.79% 464.61% 584.74% 121 123 125 ENGINEERS INDIA LTD 164.70 4.60% 683.47% 349.80% 159 162 168 L&T FINANCE HOLDINGS LTD 152.80 1.66% 150.35% 260.91% 151 153 155 TOP 5 DECLINE IN % DEL CHG Stock Name LTP % Price Chg % Vol Chg %Del Chg Support Pivot Resistance GODREJ CONSUMER PRODUCTS 957.85-0.11% -84.41% -89.86% 948 957 967 HAVELLS INDIA LIMITED 463.35-0.72% -87.33% -87.61% 459 464 468 NESTLE INDIA LIMITED 6869.40-0.99% -74.99% -84.14% 6833 6896 6933 BHARAT FIN INCLUSION LTD 777.10 0.58% -67.62% -83.14% 772 779 783 CONTAINER CORP OF IND LTD 1180.10 0.04% -59.98% -79.63% 1173 1183 1190 SECTORAL ACTIVITY Value Average of OI Average of Price Total Average of Total OI Change % Change % Volume Volume Change % Consumer Discretionary 670838225 1.32% -0.20% 135652124 9.03% Consumer Staples 230419150-0.87% -0.63% 25109045-23.84% Energy 299361766 0.89% -0.52% 47920281-9.95% Financials 1835877281 1.72% -0.01% 186952926 17.94% Health Care 187687800 0.58% -0.74% 22399498-25.30% Industrials 204264550 0.85% 0.56% 28146898 85.86% Information Technology 104030450 3.46% -0.32% 26211079 82.05% Materials 1422437500 2.56% -0.58% 196527271 59.98% Telecommunication Services 325196900 0.51% -1.02% 30482985-39.74% Utilities 1062922300 1.19% -0.05% 58122138 18.24% Grand Total 6343035922 1.42% -0.27% 757524245 19.98% 5

Pivot Table Name LTP Support 2 Support 1 Pivot Resistance 1 Resistance 2 Nifty 50 9873.3 9827.3 9850.3 9886.4 9909.4 9945.5 Nifty Bank 24213.4 24098.9 24156.1 24227.9 24285.1 24356.8 ACC LIMITED 1712.0 1672.1 1692.1 1725.1 1745.1 1778.1 ADANI PORT & SEZ LTD 380.0 374.4 377.2 379.9 382.7 385.3 AMBUJA CEMENTS LTD 261.6 254.0 257.8 264.3 268.1 274.6 ASIAN PAINTS LIMITED 1155.6 1125.2 1140.4 1149.1 1164.3 1173.0 AUROBINDO PHARMA LTD 750.5 732.7 741.6 756.4 765.3 780.2 AXIS BANK LIMITED 540.0 511.5 525.7 535.0 549.2 558.5 BAJAJ AUTO LIMITED 2818.6 2769.1 2793.9 2824.9 2849.6 2880.6 BANK OF BARODA 161.9 159.0 160.4 162.9 164.4 166.9 BHARTI AIRTEL LIMITED 419.8 411.7 415.8 420.1 424.2 428.5 BOSCH LIMITED 24048.3 23689.5 23868.9 24149.5 24328.9 24609.4 BHARAT PETROLEUM CORP LT 467.2 459.3 463.3 467.4 471.3 475.4 CIPLA LTD 571.9 556.2 564.0 570.5 578.4 584.9 COAL INDIA LTD 255.3 251.8 253.5 256.0 257.8 260.3 DR. REDDY S LABORATORIES 2750.1 2720.8 2735.5 2756.9 2771.6 2793.0 EICHER MOTORS LTD 29252.7 28732.4 28992.5 29164.4 29424.6 29596.5 GAIL (INDIA) LTD 379.2 373.7 376.4 378.7 381.4 383.7 HCL TECHNOLOGIES LTD 885.7 872.4 879.0 889.0 895.6 905.6 HDFC LTD 1651.0 1630.6 1640.8 1653.0 1663.2 1675.3 HDFC BANK LTD 1710.9 1677.8 1694.4 1704.7 1721.2 1731.5 HERO MOTOCORP LIMITED 3729.9 3673.3 3701.6 3744.8 3773.1 3816.2 HINDALCO INDUSTRIES LTD 213.7 209.9 211.8 213.2 215.1 216.5 HINDUSTAN UNILEVER LTD. 1152.9 1136.9 1144.9 1153.0 1161.0 1169.0 INDIABULLS HSG FIN LTD 1158.8 1132.1 1145.4 1155.9 1169.2 1179.7 ICICI BANK LTD. 300.6 297.3 299.0 301.4 303.1 305.5 INDUSIND BANK LIMITED 1560.0 1539.2 1549.6 1565.3 1575.7 1591.4 BHARTI INFRATEL LTD. 406.1 398.1 402.1 408.5 412.5 418.9 INFOSYS LIMITED 969.5 959.2 964.3 972.1 977.2 985.0 INDIAN OIL CORP LTD 374.6 369.0 371.8 374.8 377.6 380.6 ITC LTD 289.5 284.4 287.0 290.9 293.5 297.4 KOTAK MAHINDRA BANK LTD 980.0 949.7 964.9 990.6 1005.8 1031.5 LARSEN & TOUBRO LTD. 1185.7 1166.9 1176.3 1185.4 1194.7 1203.8 LUPIN LIMITED 1166.1 1154.8 1160.4 1168.2 1173.8 1181.6 MAHINDRA & MAHINDRA LTD 1393.5 1374.4 1383.9 1390.9 1400.4 1407.4 MARUTI SUZUKI INDIA LTD. 7491.0 7414.1 7452.5 7518.5 7557.0 7623.0 NTPC LTD 165.5 162.4 163.9 166.4 167.9 170.3 OIL AND NATURAL GAS CORP. 165.9 159.5 162.7 165.3 168.4 171.0 POWER GRID CORP. LTD. 218.7 216.4 217.6 218.8 219.9 221.1 RELIANCE INDUSTRIES LTD 1528.9 1507.9 1518.4 1534.2 1544.7 1560.5 STATE BANK OF INDIA 291.0 287.6 289.3 291.8 293.5 296.0 SUN PHARMACEUTICAL IND L 582.1 573.0 577.5 584.5 589.0 596.0 TATA MOTORS LIMITED 460.2 453.6 456.9 460.6 463.9 467.6 TATA MOTORS DVR A ORD 272.9 269.0 270.9 273.9 275.8 278.8 TATA POWER CO LTD 82.9 81.7 82.3 82.9 83.5 84.1 TATA STEEL LIMITED 557.2 551.6 554.4 559.1 561.9 566.6 TATA CONSULTANCY SERV LT 2444.7 2417.6 2431.2 2444.0 2457.6 2470.4 TECH MAHINDRA LIMITED 391.5 383.2 387.4 394.2 398.3 405.1 ULTRATECH CEMENT LIMITED 4141.7 4070.6 4106.2 4169.9 4205.5 4269.2 VEDANTA LIMITED 269.6 265.0 267.3 270.5 272.8 276.1 WIPRO LTD 269.2 264.6 266.9 270.6 272.9 276.6 YES BANK LIMITED 1571.6 1552.8 1562.2 1570.6 1580.0 1588.4 ZEE ENTERTAINMENT ENT LTD 539.0 527.3 533.1 541.4 547.3 555.6 6

Simple Moving Average Scrip Name Close Rate 20-SMA 50-SMA 100-SMA 200-SMA HIGH_52WEEK LOW_52WEEK NIFTY 9873.3 9705.3 9618.5 9378.5 8898.7 9928.2 7893.8 BANK NIFTY 24213.4 23605.5 23376.8 22424.5 20760.2 24299.6 17606.9 SENSEX 50 10240.2 10067.3 9965.6 9704.2 9190.2 10282.3 8144.6 ACC 1712.0 1648.8 1644.2 1564.7 1491.6 1809.0 1256.6 ADANIPORTS 380.0 372.5 361.4 342.9 313.2 384.1 219.8 AMBUJACEM 261.6 254.1 247.1 242.7 233.5 281.7 191.0 ASIANPAINT 1155.6 1129.5 1137.2 1103.6 1046.7 1225.2 849.6 AUROPHARMA 750.5 700.7 638.1 646.0 688.0 895.0 503.1 AXISBANK 540.0 510.7 509.1 507.7 494.1 638.3 424.4 BAJAJ-AUTO 2818.6 2789.5 2842.4 2847.1 2790.9 3120.0 2510.0 BANKBARODA 161.9 161.7 171.5 172.1 166.7 202.5 135.3 BHARTIARTL 419.8 390.7 377.8 364.3 342.7 430.0 283.1 BHEL 146.5 138.3 144.8 156.9 145.5 182.8 116.1 BOSCHLTD 24048.3 23862.7 23845.3 23233.6 22254.4 25670.9 17671.6 BPCL 467.2 442.5 461.8 456.2 441.9 512.8 363.1 CIPLA 571.9 548.0 543.4 562.1 568.1 621.3 480.2 COALINDIA 255.3 249.6 259.1 276.4 293.8 350.0 242.6 DRREDDY 2750.1 2685.8 2632.8 2660.1 2877.2 3664.0 2380.4 EICHERMOT 29252.7 27887.4 28362.4 26746.0 24964.7 30051.0 19530.0 GAIL 379.2 367.7 384.0 387.9 359.9 433.7 268.3 GRASIM 1073.0 1046.2 984.5 943.1 850.2 1147.1 652.3 HCLTECH 885.7 853.5 855.3 848.7 830.2 909.6 720.2 HDFC 1651.0 1641.9 1610.4 1542.3 1426.0 1682.2 1183.2 HDFCBANK 1710.9 1674.1 1642.8 1547.2 1395.7 1748.0 1158.0 HEROMOTOCO 3729.9 3727.2 3709.9 3493.9 3341.4 3880.6 2849.5 HINDALCO 213.7 198.9 197.6 194.5 182.0 214.6 130.4 HINDUNILVR 1152.9 1112.0 1081.2 996.2 917.3 1195.1 782.0 ICICIBANK 300.6 293.9 289.1 271.7 257.1 306.0 215.1 IDEA 95.1 85.7 83.4 88.8 84.6 123.5 65.8 INDUSINDBK 1560.0 1530.5 1493.9 1444.5 1312.8 1585.0 1036.7 INFRATEL 406.1 399.9 386.7 359.5 354.7 424.8 281.8 INFY 969.5 956.1 959.1 971.8 976.1 1096.5 901.0 ITC 289.5 321.0 309.4 292.4 268.6 367.7 222.0 KOTAKBANK 980.0 968.9 965.8 916.7 838.5 1016.4 692.5 LT 1185.7 1151.0 1162.6 1119.3 1032.5 1222.6 863.4 LUPIN 1166.1 1105.1 1155.8 1285.1 1383.8 1750.0 1036.2 M&M 1393.5 1374.1 1378.6 1340.5 1298.7 1509.0 1141.4 MARUTI 7491.0 7400.7 7213.0 6698.9 6123.4 7591.5 4405.0 NTPC 165.5 161.5 160.0 161.3 161.3 178.3 143.3 ONGC 165.9 160.4 169.0 178.6 185.5 211.8 145.1 POWERGRID 218.7 211.4 208.4 203.8 195.8 220.0 161.8 RELIANCE 1528.9 1467.2 1393.7 1359.7 1202.7 1559.6 930.0 SBIN 291.0 283.7 288.3 285.4 272.4 315.3 222.1 SUNPHARMA 582.1 558.3 562.6 618.2 648.0 855.0 492.7 TATAMOTORS 460.2 445.9 453.2 456.0 478.2 598.4 417.3 TATAPOWER 82.9 82.2 81.4 83.2 80.2 91.2 67.0 TATASTEEL 557.2 547.0 514.6 493.7 459.3 572.4 348.7 2444.7 2390.7 2457.3 2435.3 2369.3 2744.8 2051.9 TECHM 391.5 385.5 398.8 427.5 444.7 515.3 356.7 ULTRACEMCO 4141.7 4102.1 4158.7 4094.6 3852.2 4533.1 3050.0 WIPRO 269.2 261.6 262.7 256.2 244.8 284.0 204.1 YESBANK 1571.6 1504.2 1478.6 1511.0 1387.0 1651.9 1090.6 ZEEL 539.0 508.0 513.7 518.1 502.3 589.9 427.7 7

Bulk Deals Snapshot Deal Date Scrip Code Company Client Name Deal Type* Quantity Price ** 20/07/2017 540615 7NR MANOHARPRASAD GHANSHYAMBHAI VAISHNAV S 36,000 26.82 20/07/2017 540615 7NR MANOHARPRASAD GHANSHYAMBHAI VAISHNAV B 28,000 27 20/07/2017 531611 AADHAARVEN UNIFOUR GARMENTS LLP B 1,013,000 0.65 20/07/2017 531611 AADHAARVEN CHARAMSUKH IT MARKETING PVT LTD S 1,645,537 0.65 20/07/2017 531611 AADHAARVEN CHANDIKA INFRASTRUCTURE PVT LTD S 791,170 0.65 20/07/2017 534064 AIML MANI ENTERPRISE B 67,000 184.9 20/07/2017 534064 AIML MALVI AND CO S 70,000 184.58 20/07/2017 531400 ALMONDZ DARSHANA ANANT SANGHVI B 129,500 23.6 20/07/2017 530245 ARYAMAN TIA ENTERPRISES PRIVATE LIMITED B 77,000 32.4 20/07/2017 530429 ASHISHPO RAJ KUMAR PASRICHA B 30,587 14.95 20/07/2017 530429 ASHISHPO VSL SECURITIES PVT LTD S 27,775 15 20/07/2017 540361 DWEKAM NILAMBEN MANOJBHAI RATHOD S 359,532 2.81 20/07/2017 540455 ESCORP EMRALD COMMERCIAL LIMITED B 152,000 16 20/07/2017 540455 ESCORP BCB BROKERAGE PRIVATE LIMITED S 64,000 16 20/07/2017 540455 ESCORP SAJANKUMAR RAMESHWARLAL BAJAJ S 88,000 16 20/07/2017 533329 INDTERRAIN AMITABH SURI S 200,000 202 20/07/2017 523704 MASTEK MILLENNIUM STOCK BROKING PVT LTD S 155,222 345.29 20/07/2017 523704 MASTEK MILLENNIUM STOCK BROKING PVT LTD B 155,222 361.38 20/07/2017 523704 MASTEK GRAVITON RESEARCH CAPITAL LLP S 138,196 349.88 20/07/2017 523704 MASTEK GRAVITON RESEARCH CAPITAL LLP B 138,196 350.2 20/07/2017 523820 NEOCORP PUNJAB NATIONAL BANK S 500,000 3.24 20/07/2017 538860 PANAFIC VISHWAMURTE TRAD INVEST PE LTD B 1,300,000 3.15 20/07/2017 538860 PANAFIC ILA JIGNESHKUMAR VAKHARIA S 636,288 3.15 20/07/2017 538860 PANAFIC ILA JIGNESHKUMAR VAKHARIA B 830,563 3.15 20/07/2017 538860 PANAFIC EXPERT INVESTMENT ADVISORY PVT LTD S 500,000 3.15 20/07/2017 506122 PANKAJPIYUS RAJ KUMAR PASRICHA S 2,960 45.72 20/07/2017 536659 PVVINFRA VENTURA SECURITIES LTD (ERROR TRANSACTIONS) S 26,084 20.45 20/07/2017 537840 RAUNAQEPC SONAL LOHIA B 17,224 155.42 20/07/2017 537840 RAUNAQEPC ANUJKUMAR JAGDISHKUMAR MEHRA S 23,250 155.41 20/07/2017 539520 SHAILJA RAJESH BASANT RAO B 20,000 12.95 20/07/2017 505729 SINGER SACHIN KUMAR BHARTIYA B 55,000 257.38 20/07/2017 503657 VEERENRGY KALPESH DINESHBHAI PATEL S 67,500 22.77 20/07/2017 503657 VEERENRGY KALPESH DINESHBHAI PATEL B 67,500 22.77 20/07/2017 503657 VEERENRGY UDAY ANUBHAI SHAH S 134,200 22.73 20/07/2017 503657 VEERENRGY UDAY ANUBHAI SHAH B 134,200 22.79 20/07/2017 503657 VEERENRGY CHANDRIKABEN NATUBHAI PANCHAL S 62,078 22.77 20/07/2017 503657 VEERENRGY CHANDRIKABEN NATUBHAI PANCHAL B 62,078 22.76 20/07/2017 503657 VEERENRGY NARESHBHAI PAPPUBHAI PARMAR S 64,453 22.77 20/07/2017 503657 VEERENRGY NARESHBHAI PAPPUBHAI PARMAR B 64,453 22.77 20/07/2017 534976 VMART GMO EMERGING DOMESTIC OPPORTUNITIES FUND B 286,335 1,143 20/07/2017 534976 VMART FIDELITY FUNDS-ASIAN SMALLER COMPANIES POOL S 439,760 1,143.02 *B - Buy, S - Sell, ** = Weighted Average Trade Price / Trade Price 8

Monthly Economic Calendar Date Time Country Event Period Prior 25-Jul-17 IN Eight Infrastructure Industries Jun -- 26-Jul-17 UK GDP QoQ 2Q A -- 26-Jul-17 UK GDP YoY 2Q A -- 26-Jul-17 US FOMC Rate Decision (Upper Bound) 26-Jul 1.3% 27-Jul-17 US Initial Jobless Claims 22-Jul -- 28-Jul-17 JN Jobless Rate Jun -- 28-Jul-17 US GDP Annualized QoQ 2Q A -- 31-Jul-17 JN Industrial Production MoM Jun P -- 31-Jul-17 IN Fiscal Deficit INR Crore Jun -- 9

Corporate Actions Ex-Dividend Company Name Ex-Date Purpose Atlanta Limited 21-Jul-17 Annual General Meeting/Dividend - Re 0.30 Per Share Birla Corporation Limited 21-Jul-17 Annual General Meeting/Dividend - Rs 6.50 Per Share GATI Limited 21-Jul-17 Annual General Meeting/Dividend - Re 0.80 Per Share GE Power India Limited 21-Jul-17 Dividend-Rs 3 Per Share V-Guard Industries Limited 21-Jul-17 Annual General Meeting/Dividend - Re 0.70 Per Share Shree Cements Limited 21-Jul-17 Dividend - Rs 24 Per Share Monsanto India Limited 21-Jul-17 Annual General Meeting/Dividend - Rs 15/- Per Share Piramal Enterprises Limited 21-Jul-17 Dividend - Rs 21/- Per Share DCM Shriram Limited 21-Jul-17 Annual General Meeting/Dividend - Re 0.80 Per Share Lupin Limited 24-Jul-17 Annual General Meeting/Dividend - Rs 7.50 Per Share CARE Ratings Limited 24-Jul-17 Annual General Meeting/ Dividend - Rs 10/- Per Share Wockhardt Limited 24-Jul-17 Annual General Meeting Titan Company Limited 24-Jul-17 Dividend - Rs 2.60 Per Share Century Enka Limited 24-Jul-17 Dividend - Rs 7/- Per Share Kalyani Steels Limited 24-Jul-17 Annual General Meeting/Dividend - Rs 5 Per Share Sanghvi Movers Limited 24-Jul-17 Annual General Meeting/Dividend-Rs 4 Per Share (Purpose Revised) Tata Consultancy Services Limited 24-Jul-17 Interim Dividend - Rs 7/- Per Share Taj GVK Hotels & Resorts Limited 24-Jul-17 Annual General Meeting/Dividend - Re 0.40/- Per Share Thomas Cook (India) Limited 24-Jul-17 Annual General Meeting/Dividend - Re 0.375 Per Share VST Industries Limited 24-Jul-17 Annual General Meeting/Dividend - Rs 75/- Per Share EIH Limited 24-Jul-17 Annual General Meeting/Dividend - Re 0.90/- Per Share Kaya Limited 25-Jul-17 Annual General Meeting TCI Developers Limited 25-Jul-17 Annual General Meeting ACC Limited 25-Jul-17 Interim Dividend Magma Fincorp Limited 25-Jul-17 Dividend-Re 0.80 Per Share Eimco Elecon (India) Limited 25-Jul-17 Dividend - Rs.5 Per Share PNB Housing Finance Limited 25-Jul-17 Annual General Meeting/ Dividend - Rs 6/- Per Share Ponni Sugars (Erode) Limited 25-Jul-17 Annual General Meeting/Dividend - Rs 2.50 Per Share Igarashi Motors India Limited 25-Jul-17 Annual General Meeting/Dividend - Rs 6.61 Per Share TCI Express Limited 25-Jul-17 Annual General Meeting/Dividend - Re 0.80 Per Share GKW Limited 25-Jul-17 Annual General Meeting Navneet Education Limited 25-Jul-17 Annual General Meeting/Dividend - Rs 2.50 Per Share Tata Teleservices (Maharashtra) Limited 25-Jul-17 Annual General Meeting Hitech Corporation Limited 25-Jul-17 Annual General Meeting/ Dividend Re 0.90 Per Share Sunteck Realty Limited 25-Jul-17 Face Value Split (Sub-Division) - From Rs 2/- Per Share To Rs 1/- Per Share Transport Corporation of India Limited 26-Jul-17 Annual General Meeting NRB Industrial Bearings Limited 26-Jul-17 Annual General Meeting 10

Result Calendar Company Name Board Meeting Date Purpose Ashok Leyland Limited 21-Jul-17 Results Atul Limited 21-Jul-17 Results Can Fin Homes Limited 21-Jul-17 Results Dewan Housing Finance Corporation Limited 21-Jul-17 Results DIC India Limited 21-Jul-17 Results Hindustan Dorr-Oliver Limited 21-Jul-17 Results Indian Bank 21-Jul-17 Results Mafatlal Finance Limited 21-Jul-17 Results/Others Mangalore Refinery and Petrochemicals Limited 21-Jul-17 Results Onward Technologies Limited 21-Jul-17 Results Persistent Systems Limited 21-Jul-17 Results Quess Corp Limited 21-Jul-17 Results Quess Corp Limited 21-Jul-17 Results Tata Sponge Iron Limited 21-Jul-17 Results The Tinplate Company of India Limited 21-Jul-17 Results Uttam Value Steels Limited 21-Jul-17 Results 3i Infotech Limited 22-Jul-17 Results Amtek Auto Limited 22-Jul-17 Results Aro Granite Industries Limited 22-Jul-17 Results Avenue Supermarts Limited 22-Jul-17 Results Divi's Laboratories Limited 22-Jul-17 Results IIFL Holdings Limited 22-Jul-17 Results Lumax Industries Limited 22-Jul-17 Results S.E. Investments Limited 22-Jul-17 Results SREI Infrastructure Finance Limited 22-Jul-17 Results The Jammu & Kashmir Bank Limited 22-Jul-17 Results Thirumalai Chemicals Limited 22-Jul-17 Results Vijaya Bank 22-Jul-17 Results United Spirits Limited 23-Jul-17 Results/Others Ambuja Cements Limited 24-Jul-17 Results/Dividend Bharti Infratel Limited 24-Jul-17 Results Delta Corp Limited 24-Jul-17 Results Excel Crop Care Limited 24-Jul-17 Results Flexitu International Limited 24-Jul-17 Board Meeting Postponed GIC Housing Finance Limited 24-Jul-17 Results Gulf Oil Lubricants India Limited 24-Jul-17 Results/Others HDFC Bank Limited 24-Jul-17 Results Housing & Urban Development Corporation Limited 24-Jul-17 Results IG Petrochemicals Limited 24-Jul-17 Results Indiabulls Housing Finance Limited 24-Jul-17 Results/Dividend Indiabulls Real Estate Limited 24-Jul-17 Results/Others Info Edge (India) Limited 24-Jul-17 Results IRB Infrastructure Developers Limited 24-Jul-17 Results/Dividend 11

Result Calendar Company Name Board Meeting Date Purpose JM Financial Limited 24-Jul-17 Results Just Dial Limited 24-Jul-17 Results/Others Kaushalya Infrastructure Development Corporation 24-Jul-17 Results/Others Limited Larsen & Toubro Infotech Limited 24-Jul-17 Results Mahindra & Mahindra Financial Services Limited 24-Jul-17 Results Navkar Corporation Limited 24-Jul-17 Results NELCO Limited 24-Jul-17 Results Patel Engineering Limited 24-Jul-17 Results Petron Engineering Construction Limited 24-Jul-17 Results Swaraj Engines Limited 24-Jul-17 Results Tata Communications Limited 24-Jul-17 Results Texmaco Infrastructure & Holdings Limited 24-Jul-17 Results/Others Texmaco Rail & Engineering Limited 24-Jul-17 Results/Others Vinyl Chemicals (India) Limited 24-Jul-17 Results Wendt (India) Limited 24-Jul-17 Results Zee Entertainment Enterprises Limited 24-Jul-17 Results Zee Learn Limited 24-Jul-17 Results Asian Paints Limited 25-Jul-17 Results Axis Bank Limited 25-Jul-17 Results Bharti Airtel Limited 25-Jul-17 Results Coral India Finance & Housing Limited 25-Jul-17 Results/Others FAG Bearings India Limited 25-Jul-17 Results GE T&D India Limited 25-Jul-17 Results Genus Paper & Boards Limited 25-Jul-17 Results Geojit Financial Services Limited 25-Jul-17 Results GlaxoSmithKline Pharmaceuticals Limited 25-Jul-17 Results GlaxoSmithKline Pharmaceuticals Limited 25-Jul-17 Results Hero MotoCorp Limited 25-Jul-17 Results Hindustan Motors Limited 25-Jul-17 Results ICICI Prudential Life Insurance Company Limited 25-Jul-17 Results India Grid Trust 25-Jul-17 Results Indiabulls Ventures Limited 25-Jul-17 Results International Paper APPM Limited 25-Jul-17 Results K.P.R. Mill Limited 25-Jul-17 Results Kirloskar Industries Limited 25-Jul-17 Results KSB Pumps Limited 25-Jul-17 Results L&T Technology Services Limited 25-Jul-17 Results/Others Lakshmi Vilas Bank Limited 25-Jul-17 Results Mahindra Lifespace Developers Limited 25-Jul-17 Results Navin Fluorine International Limited 25-Jul-17 Results Oriental Hotels Limited 25-Jul-17 Results/Others Pidilite Industries Limited 25-Jul-17 Results 12

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