Stocks To Watch: RCom, Bank Of Baroda, GTPL Hathway, Lupin

Indian equity benchmarks edged lower led by losses in State Bank of India, HDFC and Kotak Mahindra Bank as derivative contracts for the month of December expired.

The S&P BSE Sensex fell 0.19 percent or 64 points to 33,848 and the NSE Nifty 50 Index declined 0.12 percent or 13 points to 10,478. For most of the day, the Sensex and Nifty traded in narrow band.

Here Are The Stocks To Watch Out For In Friday’s Trade

• Reliance Communications will sell its wireless business to Reliance Jio; proceeds will be used entirely for debt reduction.
• SEBI puts a 10 percent cross-shareholding cap in mutual funds and credit rating agencies.
• Lupin receives USFDA approval for generic Dovonex Scalp Solution
• Bank of Baroda to buy UniCredit’s 51 percent stake in Baroda Pioneer AMC, increasing its shareholding to 100 percent
• Jindal Worldwide sells its entire investment in Jindal Synthetics
• GTPL Hathway to acquire remaining 49 percent stake in GTPL Surat Telelink and additional 23.5 percent stake in GTPL Ahmedabad cable network
• Quess Corp to acquire additional 10 percent stake in Golden Star Facilities and services for Rs 5 crore.
• Sheela Foam says Rangoli Resorts has acquired entire 13.43 percent stake of polyflex marketing as per NCLT order
• Srikalahasthi Pipes allots 69.34 lakh shares at Rs 360.5 each via QIP.
• Mahindra Lifespaces gets NCLT nod for merger of 3 units with Mahindra World City
• Bombay Burmah says Bombay Dyeing has acquired entire 10.8 percent stake of Archway Investment as per NCLT order
• Centrum Capital to consider fund raising through securities on Jan. 3

Bulk Deals

Reliance Infrastructure: Macquarie Emerging Markets Asian Trading Pte Ltd sold 16.46 lakh shares or 0.6 percent equity at Rs 556 each.

Dredging Corp: Kedia Securities bought 1.75 lakh shares or 0.6 percent equity at Rs 790.92 each.

Nandan Denim: LTS Investment Fund bought 4.65 lakh shares or 1 percent equity at Rs 165.5 each.

Uttam Galva Steel: Eriska Investment Fund sold 8.5 lakh shares or 0.6 percent equity at Rs 21.92 each.

PG Electroplast

• New Leaina Investment Ltd. bought 1.75 lakh shares or 1.1 percent equity at Rs 400 each.
• Aviator Global Investment Fund bought 1.25 lakh shares or 0.8 percent equity at Rs 400 each.
• Promoter Neela Gupta sold 97,094 shares or 0.6 percent equity at Rs 400 each.
• Promoter Sudesh Gupta sold 2.40 lakh shares or 1.5 percent equity at Rs 400 each.

Amulya Leasing & Finance

• Promoter Sameer Gupta sold 17.62 lakh shares or 35.3 percent equity at Rs 557.13 each.
• Param Value investments bought 4 lakh shares or 8 percent equity at Rs 555 each.
• Fidelity India Fund bought 33,981 shares or 0.7 percent equity at Rs 560 each.
• FIL Investments (Mauritius) bought 4.66 lakh shares or 9.3 percent equity at Rs 560 each.
• Vertex Suppliers bought 60,000 shares or 1.2 percent equity at Rs 552 each.
• Vallabh Bhansali bought 1 lakh shares or 2 percent equity at Rs 554 each.
• Suraj Vallabh Bhansali bought 87,000 shares or 1.8 percent equity at Rs 554 each.
• Ajay Kumar Relan bought 50,000 shares or 1 percent equity at Rs 554.5 each.
• Rohit Dhoot bought 1 lakh shares or 2 percent equity at Rs 554 each.

F&O Setup

• Nifty Jan. Futures trading at 10,518, premium of 30 points versus premium of 40 points.
• Across all series: Nifty open interest up 14 percent; Bank Nifty open interest down 6 percent.
• Nifty rollover at 73 percent, Bank Nifty rollover at 75 percent.
• India VIX ended at 12.2, down 1.5 percent.
• Max open interest for Jan. series at 11,000 Call (open interest at 33.7 lakh, up 56 percent).
• Max open interest for Jan. series at 10,000 Put (open interest at 37.7 lakh, up 19 percent).

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