1. K E Y N O T E
INSTITUTIONAL RESEARCH
India Morning Note
Tuesday, February 7, 2012
Domestic Markets Snapshot Views on markets today
Name of Index Feb 3 Feb 6 Change (%) • Indian markets continued its winning streak for fifth
Sensex 17,604.96 17,707.31 0.58% straight sessions and closed on positive note
CNX Nifty 5,325.85 5,361.65 0.67% yesterday tracking firm global markets after last
BSE Mid-cap 6,046.10 6,122.57 1.26% week's robust U.S. jobs data, which helped improve
BSE IT 5,912.40 5,949.41 0.63% risk appetite amongst investors. Markets also got
support as the Congress led coalition government at
BSE Banks 11,643.84 11,798.19 1.33%
the centre got a relief after a special court
FII Activity (`Cr) investigating the telecom licenses scam dismissed a
Date Buy Sell Net petition to investigate Home Minister P
3-Feb 3,192 2,218 974 Chidambaram's alleged role in a 2G scam. A bout of
2-Feb 5,125 2,990 2135 volatility was witnessed in mid-afternoon trade as key
Total Feb 13,544 8,343 5202 benchmark indices trimmed intraday gains as
European shares dropped in early trade there. Except
2012 YTD 66,493 50,202 16291
pharma, all sectoral indices closed on positive note
MF Activity (`Cr) with real estate, capital goods, metal and bank stocks
Date Buy Sell Net were major gainers. Cement shares surged after
3-Feb 470 860 -390 cement firms reported higher dispatches for the
2-Feb 803 916 -113 month just gone by. Dena Bank closed 8.71% up after
Total Feb 2,223 2,541 -318 the bank reported a better-than-expected 20.7% rise
in December-quarter net profit. IL&FS Transportation
2012 YTD 12,632 14,752 -2120
Networks gained 3.83% after it received an `18.18bn
Volume & Advances / Declines road contract from the National Highways Authority of
NSE BSE India. Piramal Healthcare closed down 1.14% after
Trading Volume (Cr) 98.67 34.10 rising more than 7% in last trading day as the
Turnover (`Cr) 15,032 3,194 company said that it would buy a 5.5% stake in
Advances 1,003 1,855
Vodafone's India unit from Essar for `30bn. Hindustan
Unilever fell 3.57%, despite reporting a better-than-
Declines 497 1,054
expected net profit. The company lowered its
Unchanged 66 105
spending on advertising and promotions in the
Total 1,566 3,014
quarter, raising concerns it may not be able to hold on
Global Markets to its market share.
Index Latest Values Change (%) • Market breadth was strong at ~1.76x as investors
DJIA 12,845.13 -0.13% bought large cap stocks. On provisional basis, FIIs
NASDAQ 2,901.99 -0.13% bought equities worth `9.98bn while domestic
Nikkei * 8,913.44 -0.18% institutions sold equities of `1.83bn.
Hang Seng * 20,747.64 0.18% • Asia markets mostly rose early Tuesday, as investors
* as of 8.25AM IST shifted through batch of corporate earnings reports,
Currencies / Commodities Snapshot but Japanese stocks lost ground.
Latest Previous • We expect a flat opening for the Indian markets,
Quote Close considering the mixed opening for the Asian shares.
Indian Rupee per $ 49.05 48.65
Economic and Corporate Developments
Indian Rupee per € 64.33 64.38
NYMEX Crude Oil($/bbl) 97.12 96.91 • The government has asked upstream oil companies to
Gold ($/oz) 1,723.50 1,722.80
compensate state-run oil refiners for 37.91% of
revenue losses on fuel sales during April to December
Silver ($/oz) 33.63 33.75
2011, a government source told reporters.
Keynote Capitals Institutional Research (research@keynotecapitals.net) (+9122-30266000)
Keynote Capitals Institutional Research is also available on
Bloomberg KNTE <GO>, Thomson One Analytics, Reuters Knowledge, Capital IQ, TheMarkets.com and securities.com
Keynote Capitals Institutional Research - winner of “India’s Best IPO Analyst Award 2009” by MCX-Zee Business
To unsubscribe from this mailing list, please reply to unsubscribe@keynotecapitals.net

2. K E Y N O T E
INSTITUTIONAL RESEARCH
TOP GAINERS Buzzing Stocks
(BSE A-Group) • L&T has bagged an order worth `1937Cr from GVK
Previous Current Change for four-laning of a major portion of Shivpuri-Dewas
Company Name
Close(`) Price(`) (%) section of NH-3 in Madhya Pradesh.
Unitech 26.00 29.40 13.08
• Tulip Telecom is looking to generate `1,000Cr annual
Voltas 93.35 103.30 10.66
revenue within three years from Tulip Data Centre
TTK Prestige 2309.40 2494.40 8.01 (TDC) which was launched commercially yesterday.
Corporation Bk 429.80 461.25 7.32
• Subex was extending the maturity date of its
Ultratech Cem 1274.70 1363.05 6.93
outstanding foreign currency convertible bonds
(BSE Mid-Cap) (FCCBs). The proposal is subject to approval from
the Reserve Bank of India and its bondholders.
Previous Current Change
Company Name
Close(`) Price(`) (%) • Manappuram Finance, which provides loans using
India Infoline 57.05 70.10 22.87 gold as collateral, is not allowed to accept or renew
Responsive Inds 113.95 130.00 14.09 deposits from the public, the Reserve Bank of India
Unitech 26.00 29.40 13.08 said, noting the firm gave up its licence to take
D B REALTY 62.35 69.85 12.03 deposits in March 2011.
Page Inds 2572.50 2877.10 11.84 • Venus Remedies received patent approval from the
Japanese health regulator for Vancoplus, which is
TOP LOSERS used in treating bacterial resistance.
(BSE A-Group) US markets
Previous Current Change U.S. stocks dropped Monday as Greece struggled for an
Company Name
Close(`) Price(`) (%)
agreement on spending cuts needed to ensure another
Tata Power 112.35 107.45 -4.36
round of rescue funds.
Thermax 522.35 501.60 -3.97
The Dow Jones Industrial Average on Monday shed
Manap Gen Fin 58.85 56.75 -3.57
17.10 points, or 0.1%, to 12,845.13. The S&P 500 shed
Hind Unilever 400.70 386.70 -3.49
0.57 point, or 0.04%, at 1,344.33. The Nasdaq
Neyveli Lignite 97.25 94.05 -3.29
Composite declined 3.67 points, or 0.1%, to 2,901.99.
(BSE Mid-Cap)
Previous Current Change
Company Name
Close(`) Price(`) (%)
Zydus Wellness 430.85 411.00 -4.61
Thermax 522.35 501.60 -3.97
Manap Gen Fin 58.85 56.75 -3.57
Arvind 95.95 92.85 -3.23
Gujarat Pipavav 59.40 57.55 -3.11
Keynote Capitals Institutional Research (research@keynotecapitals.net) (+9122-30266000)

3. K E Y N O T E
INSTIT UT IONAL R ES EAR C H
India and Global Economic Calendar
Countries / Tuesday Wednesday Thursday Friday
Regions 7/Feb 8/Feb 9-Feb 10/Feb
India M3 money supply Forex Reserves Data
Weekly Supplement
of RBI
US IBD/TIPP Economic Continuing & Initial Reuters/ Michigan
Optimism (MoM) Jobless Claims Consumer
Sentiment Index
ICSC-Goldman Store Monthly Budget
Sales Statement (Jan)
Trade Balance (Dec)
Global Japan's Current Eco watchers survey ECB & BOI Interest UK Product Price
Account n.s.a. data and outlook Rate Decision Index - Input (YoY &
MoM) n.s.a
Japan's Leading Germany Trade UK Industrial UK Product Price
Economic Index balance Data production Index - Output (YoY
& MoM) n.s.a
Japan's Coincident Consumer price China Trade Balance
Index Index (China) (Jan)
KEYNOTE CAPITALS LTD.
4th Floor, Balmer Lawrie Building, 5, J. N. Heredia Marg, Ballard Estate, Mumbai 400 001. INDIA
Tel. : 9122-2269 4322 / 24 / 25 • www.keynotecapitals.com
Disclaimer: This report is purely for information purpose and is based on public information. News content is attributable to
various media, unless specified otherwise. All market related statistical data pertains to the immediately preceding trading day,
unless stated otherwise. Neither the information nor any opinion expressed in this report constitutes an offer, or an invitation to
make an offer, to buy or sell the securities mentioned herein. We or any of our directors, officers or employees shall not in any
way be responsible for any loss arising from the use of this report. Investors are advised to apply their own judgment before
acting on the contents of this report. The report has not been edited due to time constraints.