IDBI Bank Jet Airways Reliance Infrastructure Reliance Power

IDBI Bank Jet Airways Reliance Infrastructure Reliance Power

14th March, 2019 Nifty 50 Sensex Open 11,326.20 Open 37,608.29 High 11,352.30 High 37,797.29 Low 11,276.60 Low 37,478.87 Close 11,341.70 Close 37,752.17 % Chg +0.36% % Chg +0.58% STOCK INDICES Closing 10% Domestic- SENSEX 37,752.17 +0.58% Corporate- NIFTY 50 11,341.70 +0.36% BSE MIDCAP 15,127.93 -0.43% Wipro: Azim Premji said all earnings from 34 per cent shares worth about NIFTY MIDCAP 50 4,884.60 -0.68% Rs 52,750 crore ($7.5 billion) — would be transferred to the endowment Nifty 50 Top Gainers LTP % Chg. Prev. Close that supports the Azim Premji Foundation. With this, Premji has INDUSINDBK 1,636.90 4.32 1,569.05 committed earnings from 67 per cent of Wipro’s shares to his charitable YESBANK 244.25 3.56 235.85 foundation. BAJFINANCE 2,832.00 2.87 2,753.05 HDFCBANK 2,229.00 2.67 2,171.00 SBIN 293.85 2.42 286.9 DHFL: Private equity firms Kedaara Capital and Warburg Pincus have Nifty 50 Top Losers LTP % Chg. Prev. Close emerged as the highest bidders for Avanse Financial Services, an BHARTIARTL 336.75 -4.28 351.8 educational services financier owned by the holding company of DHFL. IOC 148.45 -3.67 154.1 Meanwhile, NHB has concluded its inspection of books for DHFL's ZEEL 447.8 -3.41 463.6 alleged misappropriation of loans. SUNPHARMA 455.6 -3.13 470.3 VEDL 172 -2.6 178.45 Zee Entertainment: According to a media report, promoters may sell 20 Securities Ban in Trade per cent stake in Zee to Sony for Rs 13,000 crore. The amount will be used to repay debt. IDBI Bank Jet Airways PNB: Punjab National Bank has put its stake in CRIF High Mark, a credit Reliance infrastructure information company that tracks individual and corporate payment Reliance Power history, on sale as it looks to sell all non-core investments and offset the BEML delay in monetising its stake in life insurance business. Jet Airways: Three airline, which is in the midst of restructuring its operations, has become a standard account for most of the lenders as it has begun meeting payment in the past two months, said two people familiar with the matter. Larsen & Toubro: The company's image with customers hinges on a transparent probe into its alleged involvement in the Cognizant bribery case, as India’s biggest engineering group expands its business to cement its credentials as a global technology leader. Comments – Equity market ended firm on Wednesday, with the S&P BSE Sensex closing over 200 points higher, powered by financial and energy stocks. Wallfort Research Page 1 of 2 14th March, 2019 Wallfort Research is also available on Bloomberg <Code WFSR> Disclaimer: This document has been prepared by the Research Division of Wallfort Financial Services Ltd. Mumbai, India (WFSL) and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of WFSL. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, WFSL has not independently verified the accuracy or completeness of the same. Neither WFSL nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either WFSL or its affiliates or its directors or its employees or its representatives or its clients or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior to publication. We may from time to time solicit or perform investment banking or other services for any company mentioned in this document. Disclosure: Wallfort Financial Services Ltd. / its affiliates entities / employees may hold a position in the stock(s) recommended above. Wallfort Research Page 2 of 2 .

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