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Morning Note Market Snapshot February 26, 2021 Market Snapshot (Updated at 8AM) Key Contents Indian Indices Close Net Chng. Chng. (%) Market Outlook/Recommendation Sensex 51039.31 257.62 0.51 Today’s Highlights Nifty 15097.35 115.35 0.77 Global News, Views and Updates Global Indices Close Net Chng. Chng. (%) Links to important News highlight DOW JONES 31402.01 559.85 1.75 Top News for Today NASDAQ COM. 13119.43 478.54 3.52 FTSE 100 6651.96 7.01 0.11 HCL Technologies: HCL America Inc., a wholly-owned step-down subsidiary of the company has approved the proposal for issuance of U.S. Dollar denominated CAC 40 5783.89 14.09 0.24 unsecured notes aggregating to an amount not exceeding $500 million. The DAX 13879.33 96.67 0.69 Notes are backed by a corporate guarantee of the company. The guarantee is NIKKEI 225 29408.38 762.98 2.53 subject to the aggregate liability of the company not exceeding $525 million, (105 % of the principal amount of the notes). SHANGHAI 3511.69 64.50 1.80 Infosys: Has announced its commitment to add 300 American workers in HANG SENG 29228.64 823.18 2.74 Pennsylvania in continuation of its overall hiring plan in the U.S. The company will recruit for a range of opportunities across technology and digital services, Currency Close Net Chng. Chng. (%) client administration, and operations as it expands its new Retirement Services Center of Excellence. USD / INR 72.43 0.08 0.12 Bank of Baroda: The Board of Directors has approved raising of funds not USD / EUR 1.22 0.00 0.40 exceeding Rs 4,500 crore through issue of equity shares through qualified USD / GBP 1.40 0.01 0.48 institutional placement subject to the approval of the regulatory and statutory USD / JPY 106.16 0.16 0.15 authorities. Zensar Technologies: Has consented and authorised its wholly-owned subsidiary Zensar Technologies Inc. to divest 100% equity shareholding in Aquila Precious Metals Close Net Chng. Chng. (%) Technology Corp. to Business Integra Technology Solutions - which is a global Gold (USD) 1770.68 0.03 0.00 provider of I.T. services and solutions. The sale consideration will comprise of Silver 27.29 0.38 1.37 $6,00,000 in cash followed by an additional deferred earnout of $6,00,000 based on the performance, set out in the agreement for sale. The company intends to complete the process on or before March 4, 2021. Energy Close Net Chng. Chng. (%) Aptech: The company currently operates in two business segments – Retail and NYMEX Crude 63.11 0.43 0.68 Institutional. As part of re-organisation of the business, the two segments were evaluated during the meeting of the Strategy Committee. The company has Brent Crude 66.59 0.29 0.43 decided to focus on the Retail business and has recommended that, the Natural Gas 2.76 0.02 0.68 Institutional (B2B) business be evaluated for a potential exit Mahindra Lifespace Developers: Has acquired 7.89 acres of land to develop a Bond Close Net Chng. Chng. (%) residential project in Kanakpura Road, Bengaluru. The project will offer approximately 5 lakh sq. ft. of carpet area. The launch of the project is planned 10 Yrs G-Sec 6.18 0.04 0.57 for FY22. South Indian Bank: The Board of Directors has approved issuance of up to 28.30 Indian ADRs Close Net Chng. Chng. (%) crore shares of face value of Re. 1 each to HDFC Life Insurance Company, Kotak Dr. Reddy's Lab 60.61 0.39 0.64 Mahindra Life Insurance Company, SBI Life Insurance Company and ICICI Lombard General Insurance Company, at a price of Rs 8.48 per equity share HDFC Bank 81.80 0.70 0.85 aggregating to Rs 239 crore, on a preferential basis. ICICI Bank 17.17 0.51 2.88 Events of the Day Infosys Ltd 17.39 0.29 1.64 Tata Motors 22.12 0.01 0.05 Result: ABB Power Products & Systems Vedanta Ltd 11.26 0.28 2.43 Today’s Concall: 4:30 PM ABB Power Products Wipro 6.26 0.11 1.73 Hindustan Aeronautics and KEI Industries to consider mid-yr dividend Institutional Flow (In Crore) 25-02-2021 Eicher Motors: To meet Comgest Singapore on February 26. Indian Energy Exchange: To meet Trident on February 26. Institution Purchase Sale Net INOX Leisure: To meet Sharekhan on February 26. FII 14123.81 13935.73 188.08 Brigade Enterprises: To meet Zeus Capital and Arth Capital on February 26. DII 5174.63 5921.20 746.57 Symphony: To meet Taiyo Pacific Partners on March 2. SMIFS Limited Page No. 5F, Vaibhav, 4 Lee Road, Kolkata – 700020, India 1 Morning Note Market in Detailed (Updated at 8AM) Indian Indices Index Net Chng %1D %5D %1M %3M %1Y Global Indices Index Net Chng %1D %5D %1M %3M %1Y Sensex 51039.31 257.62 0.51 0.56 5.57 15.32 27.95 Dow Jones 31402.01 559.85 1.75 0.29 1.50 5.12 16.49 Nifty 15097.35 115.35 0.77 0.14 6.03 16.25 29.27 Nasdaq 13119.43 478.54 3.52 5.38 3.72 8.48 46.08 BSE M Cap 20333.80 219.94 1.09 0.21 9.63 22.51 34.03 S&P 500 3829.34 96.09 2.45 2.16 0.53 5.50 22.88 BSE S Cap 20304.98 285.01 1.42 1.44 11.50 23.21 41.70 FTSE100 6651.96 7.01 0.11 0.53 0.03 4.54 5.55 Nifty MC 100 23646.80 356.00 1.53 0.63 10.21 23.18 35.03 CAC40 5783.89 14.09 0.24 0.97 4.71 3.90 1.75 BSE Auto 23670.80 170.07 0.72 3.11 0.67 19.36 45.46 DAX 13879.33 96.67 0.69 0.05 0.06 4.46 8.65 BSE Capgoods 22125.20 1.57 0.01 0.14 10.82 30.36 38.97 Mexico IPC 44310.27 841.11 1.86 0.44 1.65 4.47 3.68 BSE FMCG 12153.76 28.63 0.24 1.20 3.32 3.71 8.14 Brazil Bovespa 112256.4 3411.40 2.95 5.82 3.61 1.84 6.18 BSE Metal 14096.11 460.23 3.38 7.77 21.86 37.98 57.56 Russian RTS 1450.39 4.48 0.31 0.26 1.93 10.96 0.74 BSE Oil&Gas 16144.31 548.30 3.52 3.43 13.70 21.62 22.49 Japan Nikkei 29408.38 762.98 2.53 2.75 3.01 10.81 31.12 BSE Healthcare 21181.74 158.90 0.76 2.24 1.63 5.26 52.29 Hang Seng 29228.64 823.18 2.74 4.55 0.48 9.07 9.57 BSE Power 2448.21 42.94 1.79 0.44 18.68 22.86 37.78 Taiwan Index 16080.52 377.01 2.29 1.63 2.66 16.10 40.60 BSE Realty 2838.38 45.15 1.62 1.21 12.70 41.44 26.40 Shanghai Comp 3511.69 64.50 1.80 4.75 1.37 4.48 17.83 BSE ConsDur 32180.81 305.52 0.96 0.33 4.47 21.89 21.70 KOSPI 3011.08 87.23 2.81 3.06 4.07 14.72 45.06 BSE Bank 40977.00 17.76 0.04 0.50 15.85 21.08 17.79 Malaysia KLCI 1584.67 3.23 0.20 0.01 0.60 1.70 5.99 BSE IT 24988.82 117.18 0.47 1.88 4.13 14.42 55.96 Jakarta Comp 6246.32 43.33 0.69 0.23 1.73 8.44 9.80 Philippine SE 6697.38 58.57 0.87 2.22 5.29 4.34 6.82 LME Index Net Chng %1D %5D %1M %3M %1Y Thai Exch 1496.78 5.67 0.38 0.94 1.06 4.41 9.54 Gold($/Ounce) 1770.68 0.03 0.00 0.77 4.34 2.49 7.90 Silver($/Ounce) 27.31 0.11 0.40 0.10 7.25 16.64 52.43 Freight Index Net Chng %1D %5D %1M %3M %1Y Aluminium 2237.35 65.35 3.01 5.43 10.74 14.63 32.92 Baltic Dry 1709.00 18.00 1.04 3.45 3.01 40.20 230.56 Copper 9456.25 116.25 1.24 10.30 18.72 29.84 66.99 Baltic Dirty 669.00 1.00 0.15 6.70 28.65 46.39 18.12 Zinc 2878.75 45.25 1.60 1.53 7.30 5.13 43.20 SG Dubai HY 1.76 0.23 11.56 175.00 2833.33 141.10 0.57 Lead 2145.00 39.25 1.86 2.01 5.78 6.34 12.16 Energy Markets Index Net Chng %1D %5D %1M %3M %1Y Currency Rate Net Chng %1D %5D %1M %3M %1Y NYMEX Crude 63.11 0.43 0.68 6.52 19.94 38.04 29.49 INR 72.43 0.08 0.12 0.31 0.72 2.06 0.74 BRENT Crude 66.59 0.29 0.43 5.85 19.68 39.13 24.68 USD Index 90.32 0.18 0.20 0.05 0.16 1.82 8.77 Natural Gas 2.76 0.02 0.68 7.79 3.57 0.88 26.11 YUAN 6.47 0.02 0.28 0.24 0.12 1.58 8.49 GBP 1.40 0.00 0.12 0.13 1.91 4.79 8.47 Bond Markets Yield Net Chng %1D %5D %1M %3M %1Y EUR 1.22 0.00 0.09 0.37 0.03 2.11 11.79 US 1.48 0.04 2.72 10.63 42.89 67.71 10.58 YEN 106.16 0.05 0.05 0.67 2.39 1.79 4.02 UK 0.78 0.05 7.10 26.05 199.24 146.54 51.06 Brazil 3.91 0.20 5.28 10.55 9.16 17.31 25.64 Agro Commodities Price Net Chng %1D %5D %1M %3M %1Y Japan 0.17 0.01 7.84 51.38 323.08 534.62 291.86 Coffee 140.05 2.80 2.04 8.31 11.68 17.69 17.89 Australia 1.80 0.06 3.52 25.19 61.33 96.71 95.43 Cotton 89.69 4.00 4.27 0.68 7.67 22.51 31.88 India 6.18 0.04 0.57 0.77 4.43 5.05 2.35 Sugar 16.84 0.33 1.92 1.51 12.12 20.72 16.86 Switzerland 0.16 0.07 30.53 40.98 65.94 68.22 80.05 Wheat 671.25 4.50 0.67 2.40 1.05 11.92 20.03 Germany 0.23 0.07 23.68 32.95 57.82 59.16 54.69 Soybean 1397.50 10.00 0.71 1.27 2.04 18.03 53.70 SMIFS Limited Page No.
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