Stocks To Watch: Blue Star, Dabur, United Spirits, TVS Motors, TCS 

The Singapore-traded SGX Nifty, an early indicator of Nifty 50 Index’s performance in India, rose 0.3 to 9,884 as of 8:05 a.m.

Here are the stocks to watch out for in today’s session:

• TCS: TCS’ U.K. based subsidiary Diligenta secured a 15-year deal from Scottish Widows
• Aurobindo Pharma: Received Form 483 with 2 observations from the U.S. FDA
• Dabur: Partners with Amazon to strengthen international business
• United Spirits: Settled Pioneer Distilleries case with SEBI
• IDBI Bank: Ties up with Boston Consulting Group to boost financial health
• Petron Engineering: Received order worth Rs 280 crore from JSW Steel
• Madhucon Projects: Says it is looking to sell its road projects but buyers for the same are not yet finalised
• RCF: DGFT permits RCF, National Fertilizer to import Urea only for 3 months
• TVS Motors: Says Jupiter scooter sales crossed 2 million mark in 4 years
• Infinite Computer Solutions: To issue bonus shares in the ratio of 1:26
• MT Educare: Says NCLT approves merger of subsidiaries of the company
• APL Apollo Tubes: Said NCLT approved merger with Lloyds Line Pipes
• IDFC: Under investor pressure, IDFC and Shriram to redo merger formula (Economic Times) reported
• Reliance Industries: In talks to acquire DEN Networks; move to help RIL launch home broadband, cable TV services soon (Economic Times)
• NMDC: To seek major investor for steel plant (Bloomberg)

Other Corporate Announcements

• Piramal Enterprises: Ajay Piramal to make strategic announcement at 11 am
• Blue Star: Forays into engineering facility management (EFM)
• Capacit'e Infraprojects: To be added to the BSE IPO Index
• Manpasand Beverages & MOIL: Ex-date for 1:1 bonus
• Elpro International: Ex date for stock split from Rs 2 to Re 1 per share
• Bharat Forge & BEL: Last trading day before 1:1 bonus
• BHEL: Last trading day before 1:2 bonus
• Transformers and Rectifiers: Last before 10:1 stock split
• Nagarjuna Agrichem: name changed to NACL Industries

IPO Watch

• Prataap Snacks IPO was subscribed 46.9 times on final day of bidding
• ICICI Lombard General Insurance to list today with an issue price Rs 661 per share

Today’s Nifty Call

F&O Setup

• Nifty September Futures closed with a discount of 4.5 points from a premium of 6 points
• Nifty October Futures trading with a premium of 28 points versus 39 points at 9899.8
• Rollover: Nifty at 31 percent, Bank Nifty at 26 percent
• Nifty Futures open interest across series up 5 percent and Bank Nifty up 10 percent
• India VIX closed 3 percent lower at 12.9
• September series highest Call base at 10,000 (open interest at 59.2 lakh shares, down 8 percent)
• September series highest Put base shifts to 9800 (open interest at 43.7 lakh shares, up 17 percent)
• September strikes 9900 Call and 9800 Put see open interest addition
• October options data show maximum open interest at 10,000 Call and 9700 Put strikes

Active Stock Futures

• DHFL sees open interest addition of 21 percent on long side
• CholaFin sees open interest addition of 17 percent on short side
• JP Associates sees open interest addition of 14 percent on short side
• Oil India sees open interest addition of 11 percent on long side
• Wockpharma sees open interest addition of 10 percent on long side
• Just Dial sees open interest addition of 10 percent on short side
• Hexaware sees open interest shedding of 12 percent, short covering seen
• Godfrey sees open interest shedding of 8 percent, short covering seen

F&O Ban

• Bharat Earth Movers
• DHFL
• DLF
• Indiabulls Real Estate
• Indo Count Industries
• JP Associates
• JSW Energy
• Reliance Communication
• Reliance Capital

Bulk Deals

IOL Chemicals and Pharmaceuticals

• India Star (Mauritius) ltd sold 3 lakh shares or 0.5 percent stake at Rs 50 each

Monnet Ispat

• Sri Silverdale Opportunities fund bought 13.88 lakh shares or 0.7 percent stake at Rs 29 each
• APMS Investment Fund sold 13.88 lakh shares or 0.7 percent stake at Rs 29 each

Brokerage Radar

• Alkem Labs: Credit Suisse initiated coverage on the stock with price target of Rs 2,150
• ITC: Morgan Stanley upgraded stock rating to ‘Overweight’ from ‘Equalweight’ and hiked price target to Rs 320 from Rs 285
• Shree Cement: Nomura initiated coverage on the stock with a ‘Buy’ rating and price target of Rs 23,500
• Ultratech Cement: Nomura initiated coverage on the stock with a ‘Buy’ and price target of Rs 5,150
• Ambuja Cements: Nomura initiated coverage on the stock with a ‘Neutral’ stance and price target of Rs 300
• ACC: Nomura initiated coverage on the stock with a ‘Neutral’ rating and price target of Rs 1,890
• Vedanta: Morgan Stanley maintained ‘Overweight’ on the stock with price target hiked to Rs 391 from Rs 310
• Hindalco: Morgan stanley retained its ‘Overweight’ rating with price target hiked to Rs 290 from Rs 241
• Maruti Suzuki: CLSA maintained ‘Buy’ on the stock with price target of Rs 9,230
• Grasim: HSBC reiterated its ‘Hold’ rating on the stock with price target hiked to Rs 1,200 from Rs 960
• Emami: Macquarie maintained ‘Outperform’ on the stock with price target of Rs 1,314