Stocks To Watch: Future Retail, Jubilant Foodworks, IDFC Bank, Tata Steel

• Future Retail to acquire Hypercity for Rs 655 crore in cash, stock deal
• Ramky Infra to hold an EGM on October 30 to consider convertible warrants to promoters and non-promoters
• IDFC Bank and Shriram group extended exclusivity pact till November 8

• Pheonix Mills bought additional 1.8 acres land in Pune for Rs 21.25 crore

• IDBI Bank shareholders approved Rs 1,861 crore share allotment to the government

The Singapore-traded SGX Nifty, an early indicator of Nifty 50 Index's performance in India, gained 0.15 percent to 9,935.50 as of 7:30 a.m.

All you need to know going into trade today.https://t.co/MQRbXTSDPu pic.twitter.com/HM0l08LIHo

October 6, 2017

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

• Future Retail: To acquire Hypercity for Rs 655 crore in a cash-and-stock deal
• Ramky Infrastructure: Extraordinary general meeting on October 30 to consider convertible warrants to promoters and non-promoters like Aadi Financial
• IDFC Bank: Lender and Shriram group extended exclusivity pact till November 8
• Tata Steel: Second quarter output higher at 3.02 million tonne compared to 2.72 million tonne a year ago
• Pheonix Mills: Bought additional 1.8 acres land in Pune for Rs 21.25 crore
• Bank of Baroda: Cuts MCLR by 5 basis points from October 7
• Suzlon: Said banks are afraid of funding renewable projects with tariff below Rs 3/KwH
• IDBI Bank: Holders approved Rs 1861 crore share allotment to the government
• Patel Engineering: To issue optionally convertible debentures up to Rs 1,240 crore to lenders of the company under S4A
• KEC International: Undertakes restructuring of its subsidiaries

Kishore Biyani acquires Hypercity for Rs 655 crore from Shoppers Stop.https://t.co/kLOkdZ0HGz pic.twitter.com/EmIfWhfpYs

October 6, 2017

Other Corporate Announcements

• Dishman Carbogen Amcis: Circuit filter revised to 20 percent and shifted to B group
• Reliance Home Finance: Last trading day under ‘T' group. To be shifted to ‘B' group with effect from Monday
• Graphite India: Circuit filter revised to 5 percent

IPO Watch

• Godrej Agrovet IPO continues on day 3. The issue subscribed 2.33 times on day 2
• MAS Financial Services IPO opens for sale at Rs 456-459 a share, closes on Oct. 10. The company allocates 29.6 lakh shares at Rs 459 a share to 15 anchor investors

KKR ready with long-term funds to buy bad assets, says Sanjay Nayar.https://t.co/GPSlJ0hunu pic.twitter.com/3yu50ZB7Ia

October 5, 2017

Today's Nifty Call

F&O Setup

• Nifty October Futures closed with a premium of 20 points versus 15.5 points at 9908
• Rollover: Nifty open interest up 4 percent, Bank Nifty open interest down 2 percent
• India VIX closed lower by 0.7 percent at 11.7
• October series highest Call base at 10,000 (open interest at 47.7 lakh, up 11 percent)
• October series highest Put base at shifts to 9800 (open interest at 46.8 lakh, up 4 percent)
• October Call strikes 9900, 10,000, 10,100 sees open interest addition
• October Put strikes 9800 & 9900 see open interest addition

Active Stock Futures

• Jubilant Food saw open interest addition of 25 percent on long side
• Powergrid saw open interest addition of 15 percent on short side
• NIIT Tech saw open interest addition of 12 percent on long side
• Engineers India saw open interest addition of 10 percent on short side
• Indo Count saw open interest addition of 9 percent on long side
• Just Dial saw open interest addition of 8 percent on long side
• Tata Elxsi saw open interest addition of 7 percent on long side

F&O Ban

• Bharat Earth Movers
• DHFL
• Indiabulls Real Estate
• JP Associates
• JSW Energy

Here's a quick look at corporate insider trades on Thursday.https://t.co/MQRbXTSDPu pic.twitter.com/I1GVXXIWmo

October 6, 2017

Bulk Deals

Prataap Snacks

• SBI Mutual Funds bought 4.40 lakh shares at Rs 1,272.68 each
• Smallcap World Fund bought 4.25 lakh shares at Rs 1,245.79 each

Worth Peripherals

• HSBC Mutual Funds bought 99,000 shares at Rs 74.3 each
• They had bought 4.98 lakh shares in the company on September 29

Kesar Petroproducts

• Hema Ramesh Ajwani sold her entire 2.07 percent stake of 20 lakh shares at Rs 52.56 apiece
• Principal mutual fund bought 21 lakh shares at Rs 52.5 each

Vadivarhe Speciality Chemicals

• Garnet International Ltd. bought 87,000 shares at Rs 128.46 each

Here's a line up of all major corporate/investor meetings over the next few days.https://t.co/MQRbXTSDPu pic.twitter.com/xXIXuddrAY

October 6, 2017

Brokerage Radar

• Jubilant FoodWorks: Morgan Stanley upgraded stock rating to ‘Overweight' from ‘Underweight' and hiked price target to Rs 1,780 from Rs 900
• BASF India: Emkay initiated coverage on the stock with a ‘Buy' and price target of Rs 2,212
• Shilpa Medicare: Motilal Oswal maintained ‘Buy' on the stock with price target of Rs 805
• Prestige Estate: JPMorgan retained its ‘Overweight' on the stock with price target of Rs 275
• Colgate: Jefferies reiterated its ‘Hold' on the stock with price target of Rs 1,025
• Emami: Jefferies maintained its ‘Hold' on the stock with price target of Rs 1,190
• Godrej Consumers: Jefferies maintained its ‘Hold' on the stock with price target of Rs 970
• HUL: Jefferies reiterated its ‘Buy' rating on the stock with price target of Rs 1,320
• ITC: Jefferies maintained ‘Hold' on the stock with price target of Rs 305
• Marico: Jefferies retained ‘Hold' on the stock with price target of Rs 295
• Nestle India: Jefferies maintained its ‘Hold' rating on the stock with price target of Rs 7,800
• United Spirits: Jefferies retained its ‘Hold' rating on the stock with price target of Rs 2,500

ABB India submits bid for 4,500 electric vehicle charging stations.@sajeetkm reports.https://t.co/icSeg6UOUV pic.twitter.com/JQEvdaJ40Q

October 5, 2017

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