The key points from the document are: 1) Indian markets surged on Wednesday with the NSE Nifty recapturing 5000 and the BSE Sensex ending above 16,500. Gains were led by IT, metals, banking and oil & gas stocks. 2) US stocks also rallied on signs that European leaders support keeping Greece in the eurozone and hopes China may help indebted European nations. 3) In India, Reliance Industries is not allowed to recover costs for underutilized gas facilities, while Suzuki Motor is expected to locate a new factory in Gujarat.

1. Sept 15, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 14-Sep 13-Sep % Change COMMENTARY
BSE Sensex 16,710 16,467 1.47 INDIA
NSE Nifty 5,013 4,941 1.46 After flattening out in the previous trading session, the Indian markets surged higher on Wednesday with the
BSE Midcap 6,332 6,319 0.21 NSE Nifty recapturing the 5000 mark while the BSE Sensex ended well above the 16,500 levels. Benchmark
BSE Smallcap 7,195 7,169 0.37 indices were on a roll as market players are hoping for a pause from the RBI on Friday besides some positive
Nifty Junior 9,995 9,932 0.64 development from the eurozone. The rally was led by all sustained buying in IT, Telecom, Metals, Banking
CNX Midcap 7,263 7,241 0.31 and Oil & Gas stocks. Auto and FMCG indices too closed higher. Realty and Capital Goods indices were rather
muted. IT stocks were up smartly after the rupee touched its lowest level against the dollar since September
2009. Keeping the inflation numbers in view, RBI is likely to increase key rates on Friday's credit policy review.
Markets are also likely to watch the corporate advance tax figures, which is set to come out on Thursday.
GLOBAL MARKETS 14-Sep 13-Sep % Change Finally, the BSE Sensex ended at 16,710, adding 242 points. It had earlier touched a day's high of 16,754 and a
Dow Jones Ind (USA) 11,247 11,106 1.27 day's low of 16,387 after opening at 16,523. The NSE Nifty closed at 5,013, up 72 points. BSE market breadth
Nasdaq Composite(USA) 2,573 2,532 1.60 was positive as 1,527 stocks advanced while 1,268 declined in trades.
S&P 500 (USA) 1,189 1,173 1.35 GLOBAL MARKETS
FTSE 100 (UK) 5,227 5,174 1.02 US stocks rallied, sending the Standard & Poor’s 500 Index higher for a third day, and the euro extended
DAX (Germany) 5,340 5,167 3.36 gains as German and French leaders expressed support for Greece to remain in the euro monetary union and
Nikkei 225 (Tokyo) 8,519 8,617 (1.14) speculation grew that China may help Europe’s most-indebted nations. U.S. stocks rose even after the
Hang Seng (Hong Kong) 19,046 19,031 0.08 Commerce Department said retail sales were unchanged in August, following a 0.3 percent gain for July that
was smaller than previously estimated. Crude oil declined after the U.S. government reported that fuel
Shanghai Comp (China) 2,485 2,471 0.54
inventories climbed (gasoline supplies rose 1.94 million barrels last week, the biggest gain since
KOSPI (South Korea) 1,749 1,813 (3.52)
June), demand dropped and retail sales stalled. The S&P 500 gained 1.4 percent to close at 1,189. DJIA closed
STI (Singapore) 2,740 2,729 0.37 at 11,247, up 1.3 percent.
MSCI Emerging Market 373 375 (0.53) Asian stocks are trading higher after German and French leaders said they’re convinced Greece will remain in
MSCI Frontier Market 495 491 0.81 the euro zone. New Zealand’s dollar slid after the central bank held interest rates amid the risk of slower
global growth. Nikkei is up 1.6 percent, Hang Seng is 0.55 percent and Strait Times is up 0.5 percent.
BOND MARKETS 14-Sep 13-Sep Change
10yr G-Sec Yield 8.29 8.32 (0.03) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.34 8.34 0.00 The Solicitor General of India (SGI) has held that Reliance Industries (RIL) should not be allowed to
LIBOR (6m) 0.39 0.39 0.00 recover the cost of facilities that remain underutilised due to lower than anticipated output at its KG-
LIBOR (1m) 0.16 0.16 0.00 D6 gas field. RIL has built facilities to handle up to 80 million standard cubic metres per day of gas but
Interbank Call rate 8.0 8.0 (0.04) current production is less than 45 mmscmd, a phenomenon that oil regulator DGH blames on drilling
of lesser number of wells than what the company had committed in 2006 when it won approval for
investing $8.8 billion.
BSE Turnover Rs Cr('000) Sensex Suzuki Motor will likely locate a planned new Rs 6,235 crore ($1.3 billion) passenger car factory in
17400 3.5 Gujarat, Japan's Kyodo news agency said on Wednesday. The report came two days after the company
17200 3.0 said it wanted to end its alliance with Volkswagen , a tie-up that had been expected to help Europe's
biggest carmaker expand on the Indian subcontinent.
17000 2.5
16800 2.0 Fast Retailing plans to ramp up overseas openings of its Uniqlo stores to 200 to 300 shops a year, as
16600 1.5 Japan's largest clothing seller aims to leap frog foreign rivals and other global mass-market apparel
16400 1.0 giants. The ambitious plan to soar past Gap and H&M will not come easily, as the Japanese retailer saw
sales and profits decline last year.
16200 0.5
16000 0.0 Business conglomerate Sahara India announced a mega expansion plan in the fast-moving consumer
8-Sep 9-Sep 12-Sep 13-Sep 14-Sep goods retail space, with plans to launch a range of food and non-food items at over 10,000 retail
outlets across 285 cities in India.
State-owned miner NMDC said it has submitted a formal binding bid to acquire 50% stake in
NSE Turnover Rs Cr('000) Nifty Australian exploration firm Legacy Iron Ore for an undisclosed amount.
5200 14
5150 12 Mahindra Satyam, which provides infrastructure management services to international football body
5100 10 Fifa, today unveiled plans to leverage this association to position itself as a one-stop shop in the Middle
5050 88.38 #DIV/0! East for addressing the sports industry's technological needs.
8
5000
6 India's leading telecom operator Bharti Airtel said it expects to touch revenues of $5 billion (about Rs
4950
4900 4 24,000 crore) from its Africa operations by March 2013.
4850 2
Tata Steel said it will cut about 1,000 jobs over the next four years at Ijmuiden plant in the
4800 0
Netherlands as part of cost-cutting measures.
8-Sep 9-Sep 12-Sep 13-Sep 14-Sep

2. Sept 15, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 14-Sep 13-Sep % Change CORPORATE NEWS
IT 5,040 4,833 4.27% The labour issue at Maruti Suzuki India's (MSI) Manesar plant spread to three factories of
TECk 3,158 3,068 2.92% two different firms of Suzuki in India, with workers going on strike in support of their
METAL 12,137 11,911 1.90% colleagues at MSI.
BANKEX 10,865 10,708 1.46%
OIL&GAS 8,631 8,510 1.42% Japanese air-conditioner maker Daikin said it would invest Rs 250 crore to increase AC
1.31% production and enhance service network in India within a year as it looks to strengthen its
AUTO 8,592 8,481
position in the country.
FMCG 3,995 3,949 1.17%
PSU 7,572 7,518 0.72% Jubilant Life Sciences said its has signed a contract manufacturing agreement with an
POWER 2,176 2,165 0.53% undisclosed US pharmaceutical firm to produce an OTC product in women health and
HC 5,948 5,925 0.39% personal care segment. The four-year deal could help the company garner over Rs 330
CD 6,475 6,459 0.25% crore (over $70 million), Jubilant Life Sciences said in a statement.
REALTY 1,723 1,721 0.12%
CG 12,087 12,131 -0.36% Rice exporter Kohinoor Foods said it had completed the Rs 520-crore deal with US-based
spice maker McCormick to set up a joint venture for marketing basmati rice and other
food products in India. In the joint venture Kohinoor Speciality India, McCormick has 85%
stake and rest is with Kohinoor Foods.
Drug firm Strides Arcolab said the US health regulator has extended its approval for the
company's Bangalore facility.
BSE Upper Circuit Breakers
Company Name 14-Sep 13-Sep % Change In its bid to tide over the coal crisis, National Aluminium Company (Nalco) has placed
Parenteral Drug-$ 118 107 10.00 order to import 2 lakh tonnes of coal and feed its captive power plant (CPP).Sourcing coal
United Van Der 13.2 12.0 10.00 from Mahanadi Coalfields (MCL), a subsidiary of Coal India, Nalco's 1,200 MW thermal
DJS Stock 95.8 87.1 10.00 captive power plant at Angul in Orissa supplies power to the company's aluminium
smelter located nearby.
HB Est Developer 24.3 22.1 10.00 0
STANROSE MAFATLAL 78.8 75.0 5.00 National Aerospace Laboratories (NAL), a constituent laboratory of Council for Scientific
and Industrial Research and Mahindra Aerospace,announced the successful maiden
flight of their jointly developed C-NM5 aircraft, marking an important "milestone" in their
collaborative aircraft development programme.
Oil explorer Cairn India said on it had received approval from its shareholders to accept
BSE Lower Circuit Breakers conditions imposed by the government necessary to clear Vedanta Resources' deal to buy
Company Name 14-Sep 13-Sep % Change a 40% stake in the company.
BNK Cap Markets 24.8 26.1 (5.00)
Chinese power equipment company Shanghai Electric Group today signed two
GK Consultants 16.2 17.1 (5.00) agreements with CESC and is contemplating setting up a manufacturing base in India.The
Laser Dot 10.5 11.0 (5.00) second agreement was for supplying boilers, turbines and generators to the Haldia
LE WATERINA 5.9 6.2 (5.00) Thermal Power Project, a CESC subsidiary for a 600 MW (2x300MW) thermal power plant.
Nath Seeds 13.7 14.4 (5.00)
Vijay Mallya-promoted Kingfisher Airlines has found itself parrying questions about its
survival after its auditor raised doubts over the company's ability to stay in business for
long.
Infosys is close to acquiring the health care business of Thomson Reuters in a $700-750
million deal. This will be the largest acquisition by India’s second largest information
technology services firm.
COMMODITY 14-Sep 13-Sep % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 112 112 (0.04)
Gold (Rs/10gm) 28,155 28,292 (0.48) Brent Crude Oil ended lower at $111.8 per barrel. Gold ended lower by 0.48 percent at Rs
28,155 and Silver closed down by 1.31 percent at Rs 64,755.
Silver (Rs/kg) 64,755 65,612 (1.31)
CURRENCY 14-Sep 13-Sep % Change The Indian Rupee closed lower against the dollar at Rs 47.58 as the Indian equity
INR / USD 47.58 47.51 0.15 benchmarks ended on a positive note.
USD / Euro 1.36 1.36 -
Yen / USD 76.70 76.92 (0.29)

3. Sept 15, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
DABUR 107.2 108.6 1.31
With inflation moving closer to the double-digit mark, bankers expect the Reserve Bank
ABGSHIP 379.1 384.0 1.29 of India (RBI) to increase its key policy rates by 25 basis points (bps) in the upcoming
STRTECH 39.8 40.3 1.26 policy review on Friday. As long as inflation does not decline to a significant level, the
MCLEODRUSS 251.1 253.9 1.12 RBI would continue its tight monetary stance. The general view is that RBI would go in
PATNI 278.4 281.0 0.93 for another rate hike as inflation is hovering around the double-digit mark, Indian
MPHASIS 341.4 344.5 0.92 Overseas Bank Chairman and Managing Director M Narendra said.
BGRENERGY 323.5 314.4 (2.83)
KSOILS 12.6 12.3 (2.38) General Electric (GE) said on Tuesday it would buy back Berkshire Hathaway's preferred
IOC 320.0 312.5 (2.34) stake in the largest US conglomerate, handing back a lifeline it grabbed during the 2008
GLAXO 2100.0 2,051.1 (2.33) financial crisis. The company said in a regulatory filing it would pay $3.3 billion, plus
unpaid dividends, to cash in famed US investor Warren Buffett's stake, which paid a 10%
ABAN 393.1 384.2 (2.26)
dividend. The redemption date has been set for October 17.
ASHOKLEYLAND 26.0 25.5 (2.12)
A leak from a shallow water crude oil pipeline in the Main Pass Area of the Gulf of
INSTITUTIONAL ACTIVITY (Rs Cr) 30-Aug 29-Aug YTD Mexico has led Chevron to shut down its offshore Louisiana Main Pass pipeline
FII Cash Net 678.2 485 4,157 network, the company said on Tuesday.
FII Stock Futures 464.01 361.22 1,601
FII Index Futures 515.01 1079.21 11,379 Despite increasing insecurity in Afghanistan and gun battles with Taliban rebels in the
Mutual Fund 266.2 49 6,314 capital Kabul, Indian firms are bidding billions of dollars for a contract to mine iron ore
in a central district of the country.
VALUATIONS P/E P/B DIV YLD A consortium led by state-run Steel Authority of India (SAIL) could invest up to Rs
28,700 crore ($6 billion) in the mine, railroads and a steel plant in a race with China to
BSE 18.4 3.4 1.5
lock in raw materials for two of the world's fastest-growing economies.
NSE 18.2 3.1 1.4
BSE500 Mcap/GDP Ratio 0.59
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Infosys 2341.4 5.26 Hindusthan Nat 205.1 7.66 Indosolar 10.5 19.95
Jaiprakash Asso 67.5 5.14 A2Z Maint & Engg 227.7 7.61 Electrotherm 142.7 17.84
Wipro 343.0 4.40 Deccan Chron 58.3 7.27 Western India Ship 8.8 12.74
Hindustan Unilever 351.3 2.95 Madras Cements 103.8 6.79 Ruchi Infra 19.7 11.30
TCS 1019.0 2.43 Hexaware Tech 76.5 6.55 Gemini Comm 23.8 11.21
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Tata Power 963.6 -1.92 GTL 61.6 -10.47 Nectar Life 20.6 -6.38
L&T 1609.5 -1.52 Pantaloon Retl 256.9 -7.71 Neha Intl 118.3 -5.13
Cipla 282.9 -1.48 KGN Inds 24.0 -4.95 Karma Ind 49.7 -4.97
Bharti Airtel 378.6 -0.70 GTL Infra 13.2 -3.66 Empower India 4.4 -4.95
SBI 1831.5 -0.47 Opto Circuits 240.3 -3.05 Prabhav Inds 74.0 -4.95
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
MindTree Limited Coffee Day Resorts Pvt Ltd BUY 5.68% 428.0
MindTree Limited Ashok Soota SELL 5.50% 428.0
Bharat Forge Ltd Barclays Capital Mauritius Limited SELL 0.55% 307.6
Balrampur Chini Mills Balrampur Chini Mills Ltd BUY 0.86% 62.9
Balrampur Chini Mills Barclays Capital Mauritius Limited SELL 0.87% 61.9
BSE
Bedmutha Inds INVENTURE GROWTH & SECURITIES LTD. BUY 1.23% 123.0
BGIL Films KAILASH CHANDRA BUY 0.80% 4.7
Gemstone Invest SUKRATI CONSULTANCY SERVICES SELL 2.25% 8.9
Monnet Ispat BLACKSTONE MANAGEMENT PARTNERS BUY 1.80% 478.1
Sanraa Media JMP SECURITIES PVT LTD BUY 2.30% 0.1