Capital gains arising from sale of shares foreign company

Dear Friends

The assessee holds shares of a foreign company which are listed in stock exchange outside india.

1. Whether the capital gains arising from sale of such shares is available for set-off and carry forward?

2. In case of Loss, can any other gains from capital asset be adjusted against such loss?

3. Also, suggest whether exemption u/s 54F and 54EC is available in respect of gains arising from sale of such shares with case laws..

Thanks in advance..