CORPORATE NEWSLETTER

15th September 2015

SWASTIKA INTELLIGENCE GROUP

MARKET ROUND-UP
Particulars

Market may edge lower in early trade tracking weakness in

Asian stocks and overnight decline on Wall Street. Trading
of CNX Nifty futures on the Singapore stock exchange
indicates that the Nifty could slide 12 points at the
opening bell.
In overseas markets, China led decline in Asian stocks. US
stocks closed lower yesterday, 14 September 2015 as
investors awaited the Federal Reserve meeting later in the
week. The Fed's policy-making committee holds a two-day
meeting on 16 and 17 September 2015. The Fed has held
its benchmark short-term interest rate near zero since
December 2008.

Current Value
Points
% Change
High
Low
Previous Close

Index
SGX Nifty
Nikkei 225
Shanghai
Hang Seng

INDIAN MARKETS
BSE
25856.70
+246.49
+0.96
25891.73
25531.07
25610.21

NSE
7872.25
+82.95
+1.06
7879.95
7761.85
7789.30

WORLD INDICES
Close
7856.50
17,965.70
3,114.80
21,561.90
16,433.09
4822.34
6119.75
4542.02
10120.59

Change
-17.50
-298.52
-85.43
+57.53

Back home, foreign portfolio investors (FPIs) bought shares

worth a net Rs 58.75 crore yesterday, 14 September 2015,
as per provisional data released by the stock exchanges.
Domestic institutional investors (DIIs) bought shares worth
a net Rs 183.90 crore yesterday, 14 September 2015, as
per the provisional data.

Dow Jones

Among macro data, data released after market hours

yesterday, 14 September 2015 showed that the all-India
general CPI inflation was nearly flat 3.66% in August 2015
(new base 2012=100), compared with 3.69% (revised)
reading in July 2015. The corresponding provisional
inflation rate for rural area was 4.5% and urban area 2.7%
in August 2015 as against 4.4% and 2.9% in July 2015. The
core CPI inflation declined to 3.8% in August 2015 from 4%
in July 2015..

COMMODITIES

UNITS

VALUE

CHANGE

Crude Oil (Brent)

Comex Gold
Comex Silver

$/bbl
$/oz.
$/oz.

46.59
1106.60
14.38

+0.22
-1.10
+0.01

TURNOVER IN CASH (RS. IN CR.)

NSE
BSE
12,444.27

Visit us at: www.swastika.co.in

Nasdaq
FTSE
CAC
DAX

+102.69
+26.09
+1.99
-6.70
-2.97

FII DERIVATIVES STATISTICS (RS. IN CR.)

SEGMENT
Buy
Sell
Open Interest
INDEX FUTURES
1084.32
1118.08
22666.37
INDEX OPTIONS 13841.90
14013.64
96524.35
STOCK FUTURES
2139.46
1651.41
46822.83
STOCK OPTIONS
1393.66
1399.83
2614.60

MARKET METER
Group
NSE
BSE

Advance
43
1714

Decline
6
940

Unchanged
1
107

Page 1 of 6

CORPORATE NEWSLETTER
15th September 2015

SWASTIKA INTELLIGENCE GROUP

NIFTY TOP GAINERS/LOSERS

NIFTY TOP GAINERS

NIFTY TOP LOSERS

Symbol

LTP

% Change

Volume

Symbol

LTP

% Change

Volume

NTPC

125.70

5.06

47,85,185

CAIRN

143.45

-1.51

17,21,265

VEDL

101.00

4.12

78,54,101

IDEA

147.30

-1.07

21,58,922

BPCL

884.95

4.04

15,32,674

BAJAJ-AUTO

2,317.70

-0.35

1,55,057

HINDALCO

78.95

3.75

62,15,669

MARUTI

4,310.30

-0.17

2,07,396

TATASTEEL

241.00

3.46

71,59,139

TCS

2,548.00

-0.16

7,94,659

NEWS DIGEST
Veritas (India) Says
-I-T Officials Carried Out Search Proceedings For 3 Days From September 10 At Cos
-Premises In Process Of Collating
-Responding To All Queries Raised By I-T Authorities
Carnival Chairman To CNBC-TV18:
-Industry In Consolidation Phase For 1.5-2 Yrs; Focussing On Organic Growth
-Setting Up Multiplexes In MP, Bihar, UP & Jharkhand
-Growth Rate In Near-Term To Be Above 50%
-Will Come Up With Another 250 Screens This Year; Targeting 1000 Screens By 2017
-Internal accruals, debt & PE, Promoters To Fund Near-term Acquisitions
-Debt Currently Stands At `400 Cr
- Targeting EBITDA Of 19-20%; Industry EBITDA Margin Is 14%
-Will Look At Listing After Operational Targets Are Achieved
-In Talks With Cos In Indonesia & West Asia To Expand Overseas
IL&FS Engineering Says:
-To Explore Legal Rights w.r.t `100 Cr Penalty Imposed By SEBI
-Alert: SEBI Imposed Penalty On IL&FS Engg For Alleged Insider Trading Activity
-SEBIs Allegation Is For Period When Co Was U/Erstwhile Promoters Control

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Page 2 of 6

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

15th September 2015

World Bank Releases States' Business Reforms Study World Bank Report:
-Gujarat Tops Ease Of Doing Business With 71.14%
-Andhra Pradesh Is Second With 70.12% Followed By Jharkhand & Chhattisgarh
- Madhya Pradesh Ranked 5 With 62% Followed By Rajasthan & Odisha
- Maharashtra Ranked 8 With 49.43% Followed By Karnataka & Uttar Pradesh
-West Bengal Ranked 11 With 46.9% Followed By Tamil Nadu & Telangana
-Haryana Ranked 14 With 40.66% Followed By Delhi & Punjab
-Himachal Pradesh Ranked 17 With 23.95% Followed By Kerala & Goa
- Puducherry Ranked 20th With 17.72% Followed By Bihar & Assam
-Uttarakhand Ranked 23rd With 13.36% Followed By Chandigarh, Andaman & Nicobar
- Alert: States Were Judged On Implementation Of 98-point Action Plan
- States Were Judged On Setting Up Of Biz, Allotment Of Land, Taxation
- States Were Judged On Construction Permits & Complying With Environ Nods
-States Were Judged On Labour Regulations & Enforcing Contracts
-No States Attained Status Of 'Leaders'
World Bank Report:
-Easiest State To Set Up A Biz: Punjab #1, Followed By Andhra & Chhattisgarh
-Easiest State To Set Up A Biz: Odisha At #4 & Rajasthan At #5
-Land Allotment & Construction Permits: MP At #1 Followed By Gujarat & Maha
-Land Allotment & Construction Permits: Rajasthan At #4, Andhra Pradesh At #5
World Bank Report:
-Complying With Green Norms: Gujarat At #1 Followed By Andhra Pradesh & Rajasthan
-Complying With Green Norms: Punjab At #4 & Madhya Pradesh At #5
-Complying With Labour Laws: Jharkhand At #1 Followed By Gujarat & Chhattisgarh
-Complying With Labour Laws: Andhra Pradesh At #4 & Uttar Pradesh At #5
-Obtaining Infra-Related Utilities: Maharashtra At #1 Followed By #2 Gujarat & MP
-Obtaining Infra-Related Utilities: Delhi At #4 & Andhra Pradesh At #5
-Registering & Complying With Tax Procedures: Karnataka Tops The List & Andhra At #2
-Registering & Complying With Tax Procedures: Rajasthan At #3 & Odisha #4 & MP At #5
Exclusive DIPP Secy Says:
-Need States To Accelerate In A Bigger Way
-Federal Competitiveness Will Make States Undertake Labour Reforms
-Maharashtra Is A Big State & Will Have To Bring A Lot More Online
-Tamil Nadu Had Gone Online In July But Missed This Study's Deadline
-Punjab Has Excelled In A Single Window Clearance Mechanism
-Each State Must Do Away With All Physical Interfaces For Approvals
-Jharkhand & Chhattisgarh Have Made Radical Changes
- Need To Create Competitive Spirit For India To Grow At 9-10%
-Ease Of Doing Business Is A Major Parameter To Drive Investment
-New Parameters To Include SMEs, Start-ups
-Dont Worry About The Ranks, Look At The Opportunities To Improve

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Page 3 of 6

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

15th September 2015

Rajasthan Chief Secy On CNBC-TV18:

-Rajasthan Has Online Single Window Mechanism For Clearances
- Have A Tatkal Scheme For Single Window Clearances
- No Construction Permits Needed In RIICO For Construction Upto 40000 sq m
- Will Focus On Areas Where We Have Not Made It In Top 5
-RIICO Has Rationalised Construction Permits, To Be Spread Across The State
Steel & Mines Minister Says
-Steel Sector Is Currently Stressed
-Govt Is Aware Of Steel Sector Worries, Considering Viable Duty Impositions
-Will Consider DG Safeguards Recommendation On Safeguard Duty
-Steel Sector Has Huge Exposure To Banks, Govt Working To Resolve Issues
-Govt Has Approved District Mineral Fund (DMF)
-30% Of Royalty Will Be Set Aside For Existing Mining Leases
-10% Of Royalty Will Be Set Aside For New Mining Leases
-Proceeds From District Mineral Fund Will Be Utilised Under PMMAWS
- Alert: PMMAWS Is Pradhan Mantri Mining Area Welfare Scheme
-Expect Mineral Auctions To Begin From November
-Ministry Is In Constant Touch With States w.r.t Preparedness
-Not Fair To Compare Issues Of Steel Sector With Aluminium
- Have Been Apprised Of Aluminium Sector's Demand For Hike In Duty
-Will Consider Steps For Aluminum Sector After Deliberations
August CPI Inflation At 3.66% Vs 3.69% (MoM)
-Govt Revises July CPI Inflation To 3.69% From 3.78% Earlier
-August CPI Inflation:
-Food Inflation At 2.20% Vs 2.15% (MoM)
-Rural Inflation At 4.47% Vs 4.44% (MoM)
- Urban Inflation At 2.67% Vs 2.94% (MoM)
-Vegetable Price Inflation At -6.36% Vs -7.93% (MoM)
-Combined Fuel & Light Inflation At :: 5.70% Vs 5.36% (MoM)
-Clothing, Footwear Inflation At 5.77% Vs 5.88% (MoM)
-Cereals & Products Inflation At 1.22% Vs 1.06% (MoM)
-Urban Consumer Housing Price Inflation At 4.68%
Alok Industries
-Gets Additional Advance Amounting To $50 m Under EPBG Scheme
- Alert: EPBG Is Export Performance Bank Guarantee Scheme
-Additional Advance Takes Total Export Advance Received Till Date To $825 m
Finance Minister Says:
-Have Seen A Sudden Surge In Steel Imports In Country In Last Few Weeks
-DG Safeguards Studying If Import Surge Is Hurting Domestic Steel Industry
-To Levy Safeguard Duty On Steel Imports
- To Levy Safeguards Duty On Steel Imports As Suggested By DG Safeguards
-A Provisional Duty Of 20% On Select Steel Imports Effective Immediately
-20% Provisional Safeguard Duty On Select Steel Products For 200 Days
-Have Right To Levy Provisional Duty Pending Enquiry Of DG Safeguards
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Page 4 of 6

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

15th September 2015

-Overall Inflation Broadly Under Control, Continuing Its Downward Momentum

Other stocks and sectors that are in news today:
-Vedanta subsidiary BALCO to shut its Chhattisgarh plant and likely to cut 1000 jobs
-Abbot India disputes West Bengals drug regulator finding excessive codeine in cough syrup
-Jet might make Amsterdam its gateway to US, Canada
-ONGC, RIL may get better pricing for Coal Bed Methane blocks this fiscal
-RBI Signs MoU With Nepal Rastra Bank
- Nava Bharat Ventures In Agreement With Tata Steel For Conversion Of Chrome Ore Into Ferro
-Chrome Texmaco Rail To Acquire Majority Equity Share Capital Of 76% In Bright Power At Enterprise Value Of `100 Cr
-Govt To Give Additional 50 Days Work To Farmers Under NREGA In Drought-hit Areas
- Tamil Nadu To Launch Mobile App To Check Land Records
- InterGlobe Aviation Gets SEBI Nod For `2,500 Cr IndiGo IPO
-PM Modi to meet power producers today to review their performance
- Commerce Ministry to hire consultant for promoting start-ups
-Karnataka approves 2 projects with over `550 cr investment

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Page 5 of 6

CORPORATE NEWSLETTER
15th September 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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Page 6 of 6