1.
India Morning Note
a
Thurs
sday, August 30, 2012
t
mestic Markets Snapshot
Dom t V
Views on ma
arkets today
y
Nam of Index
me Aug 28 Aug 29 Change (%) • Indian markets fell yesterday for a fourth straight
m h
Sens
sex 17,631.71 17,490.81
1 -0.80% session to mark its longest losing streak s since mid-
July to hit their lowest level in over three weeeks after
CNX Nifty 5,334.60 5,287.80 -0.88%
the RBI ggovernor, D Subbarao m maintained his hawkish
BSE Mid-cap 5,994.43 5,962.21 -0.54%
tone in a speech delivered in the US on Tues
e sday. Euro
BSE IT 5,797.71 5,746.28 -0.89% zone de ebt worries also weighed on the markete
BSE Banks 11,544.33 11,500.83
1 -0.38% sentimen Broader sentiment remained we
nt. eak ahead
of the exxpiry of Augu derivativ contracts and April-
ust ve
FII Ac
ctivity (`Cr)
June economic growt data on Fr
th riday.
Date
e Buy Sell Net • FMCG sttocks rose a pick-up in monsoon rains this
as n
28-Aug 2,007 1,838 169 month will lead to a recovery in yields in summer-
w
27-Aug 1,802 1,169 632 sown crrops including rice an nd oilseeds. Aviation
Total Aug
l 37743 30783 6960 shares declined acro
d oss the boar as crude oil prices
rd
2012 YTD
2 411713 351453 60260 remain high as avia
h ation turbine fuel (ATF) typically
e )
makes up almost hal of an airlin
lf ne's operating cost.
MF A
Activity (`Cr)
• ONGC fe 2% after Morgan Stanley downgraded the
ell
Date
e Buy Sell Net stock to "equalweig
o ght", citing potential ddownward
28-Aug 494 718 -224 revisions to domestic crude o volumes for fiscal
s oil
27-Aug 213 584 -371 2014 an uncertain
nd nty on inteernational production.
Jaiprakas Associate fell 9.2% its single biggest
sh es %, e
Total Aug
l 7936 9578 -1641
daily fall since Sept 2011 as conncerns about net debt
t
2012 YTD
2 79905 89361 -9456
levels inccreased a da after the cement maker raised
ay
Global Markets $150mn in foreign currency c convertible bonds, in
part, to redeem prior debt. Infosys fell 1.4% after
Index
x Latest Values
t Change (%) Deutsche Bank warn
e ned the softw
ware services exporter
s
DJIA 13
3,107.48 0.03% has not seen any ch hanges to it near-term business
ts m
NASD
DAQ 3,081.19
3 0.13% outlook, citing a connversation with compan CFO V.
w ny
Nikke *
ei 9,002.73
9 -0.74% Balakrishhnan.
Hang Seng *
g 19
9,592.49 -0.99% • Market b
breadth was negative at ~0.80x as investors
t
* as of 8.25AM IST
f sold large cap sto ocks. On pr rovisional b
basis, FIIs
bought eequity of `1.43bn while domestic innstitutions
Curre
ency Snapsh
hot
sold equity of `2.39b in cash se
bn egment.
Future contract RBI
Latest Previous • Asian markets declined after wweak retail s
sales data
expir on
re Reference
R
Quote Close from Japan and d declining coommodity prices put
29/08/12 Rate
India Rupee per $
an 55.67 55.68 55.67 pressure on major m
e markets a day ahead of a much-
f
awaited speech from Fed chief Ben Bernanke
m B e.
India Rupee per €
an 69.94 69.88 88.05
India Rupee per £
an 88.08 87.97 69.92 • We expe ect a weak opening for the Indian markets
n
today following the c cues from th Asian ma
he arkets and
India Rupee per ¥
an 70.90 70.78 70.90
rising poolitical uncertainty on account of c
a coal block
* NSE Exchange allocation issues
Economic and Corporate Developm
a ments
• India's G
GDP growth during the April-June q quarter is
expected at 5.2% and the econ
d nomy will coontinue to
perform below poten ntial for the entire year, research
,
firm Mooody's said.
Keyno Capitals Research
ote (research h@keynotecapitals.net) (+9122-3026 66000)
Keyno Capitals R
ote Research is also available on
Bloom
mberg KNTE <GO>, Thom mson One Ana alytics, Reute Knowledge, Capital IQ, TheMarkets.com and sec
ers , curities.com
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K itals Institutio
onal Research - winner of “India’s Best IPO Analyst Award 2009” by MCX-Zee Business
h t ” e
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2.
TOP GAINERS
G Buzzing Stocks
(BSE A-Group) • Redingto to hive of its supply chain busine into a
on ff ess
Previous Current Change separate entity.
e
Company Name
Close(`) Price(`) (%) • ONGC Videsh in talk to buy sha gas asset in US &
ks ale ts
Wock
khardt 1115.20 1190.35 6.74
Canada.
WELC
CORP 86.45 91.55 5.90
• Alembic Pharma’s major par of manu
rt ufacturing
Unite Spirits
ed 928.05 978.75 5.46
operatio at Halol, V
on Vadodara res
stored.
Pipav
vav Defence 63.60 65.60 3.14
Coromandel Intl 279.55 288.00 3.02 • Ricoh India to seek s
shareholders nod for delisting.
s
• Aarti Ind
dustries boar meets to c
rd consider dem
merger of
(BSE Mid-Cap)
E
the man nufacturing b
business.
Previous Current Change
Company Name • Gati planning to rope in a stra
ategic partner for its
Close(`) Price(`) (%)
Wock
khardt 1115.20 1190.35 6.74 shipping division.
g
WELC
CORP 86.45 91.55 5.90 • Jaypee Infra loses `1
1100Cr road infra project in UP as
t
Stand
dard Charter 96.10 101.45 5.57 new gov has shelve land for de
vt ed evelopment model.
JUBIL
LANT 165.50 173.05 4.56 • Bain, KKR vie for 30% stake in Lanco’s power
e
PHOE
ENIX MILL 157.05 164.00 4.43 projects.
TOP LOSERS
L
(BSE A-Group)
Previous Current Change
Company Name
Close(`) Price(`) (%)
Jaipra
akash Asso 70.45 63.95 -9.23
Mana
appuram Fin 36.70 33.80 -7.90
SAIL 82.75 78.00 -5.74
Relia
ance Comm 51.00 48.25 -5.39
Sesa Goa 182.30 172.60 -5.32
(BSE Mid-Cap)
E
Previous Current Change
Company Name
Close(`) Price(`) (%)
Resp
ponsive Inds 93.90 86.00 -8.41
Educ
comp Sol 147.80 136.10 -7.92
Mana
appuram Fin 36.70 33.80 -7.90
Jet Air India 362.30 339.50 -6.29
IB Re Est
eal 46.40 44.05 -5.06
Keyno Capitals Research
ote (research
h@keynotecapitals.net) (+9122-3026
66000)

3.
India and Global Economic C
Calendar
Cou
untries / Thursd
day Friday
y Monday Thursday
Reg
gions 30/Au
ug 31/Au
ug 3/Sep
p 30/Aug
g
Forex Reserv
F ves
India
a Data; Federa Fiscal
D al
Deficit
D
GDP Quaterly (YoY) ;
G y
Infrastructure
Output (YoY)
O )
Factory Orde
F ers
(MoM); Chica
( ago
US Initial Jobles Claims
ss
Purchasing
P
Manager's In
M ndex
Personal
Consumption Fed's Bernan
F nke
Expenditure - Price
es Speech
S
Index (MoM))
Reuters/ Michigan
R
EIA Natural Gas
Consumer Se
C entiment
Storage change
Index
Japan's
J Eurozone Consumer
E UK's Halifax H
U House
Glob
bal
Unemployment Rate Price Index (Y
P YoY) Prices (3m/YooY)
Japan Vehiclee
Eurozone's
Production (Y
P YoY); Germany's Markit
G
Economic Seentiment
Construction Orders
C Manufacturing PMI
M
Indicator
(YoY)
(
Germany's Japan Housin Starts
ng
Unemployment (YoY); Annua
( alized
Change Housing Star
H rts
KEYNOTE CAPITALS LTD.
E
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, S apat Marg, Dadar (W), M
D Mumbai – 40 028
00
Tel. : +912
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0 • www.ke
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als.com
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o
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unless stated otherw
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