1.
INSTITUTIONAL RESEARCH
India Morning Note
a g
Wednesday, Ma 16, 2012
ay
Dom
mestic Mark
kets Snapsh
hot Views on markets t
today
Nam of Index
me May 14 May 15 Change (%)
) • India shares s
an snapped five days of losing streak and
close on positive note ye
ed esterday as Larsen & T Toubro
Sensex 16,215.84 16,328.25 0.69%
surgged after poositive results, while an improvement in
n
CNX Nifty
X 4,907.80 4,942.80 0.71%
globbal risk s sentiment and the central b bank's
BSE Mid-cap 5,888.95 5,925.77 0.63% interrvention in currency m markets helpped provide some
BSE IT 5,504.56 5,590.27 1.56% stabbility. Europeean market also inche up follow
ts ed wing a
BSE Banks 10,661.64 10,744.45 0.78% betteer-than-exppected econ nomic data. Indian ma arkets
FII A
Activity (`Cr) lost ~4.12% over the previous five sessions as w worries
abou India's economic outlook have inten
ut h nsified
Date
e Buy Sell Net following poor industrial output dat and con
ta ncerns
14-M
May 2,101 1,697 404 abou inflation. The RBI als stepped in aggressiv
ut so i vely in
11-M
May 1,526 1,350 176 curreency marke ets, after the rupee fell to as lo as
f ow
Tota May
al 19,978 19,527 450 54.1 to the d
15 dollar durin the day threatening to
ng y,
2012 YTD 256,356 212,445 43912 touc a record low of 54.30 hit in December. E
ch Except
FMCG, all secto oral indices closed on positive note with
p e
MF A
Activity (`Cr) capital goods, m metal, IT and pharma st
d tocks were major
Date
e Buy Sell Net gainers. Engine eering congl lomerate Laarsen and TToubro
14-M
May 362 308 54 rose 5.42% a day afte reporting stronger-than-
e er g
11-M
May 348 491 -144 expe ected earnings, guida ance of 15 5-20% grow wth in
reveenue and go ood order wwins. BPCL gained 2.1% after
g %
Tota May
al 4,027 4,448 -422
its U.S. partner, Anadarko Petroleum Corp, said it had
U
2012 YTD 49,021 55,543 -6522
discoovered a m major new gas field in Mozamb bique.
Volu
ume & Adva
ances / Dec
clines Bhar rti Airtel fell 1.2% a Indian authorities were
as
NSE BSE investigation th compan under provisions o the
he ny p of
counntry's mone launder
ey ring and fooreign exch hange
Trad
ding Volume (Cr) 59.60 19.13
ruless.
Turn
nover (`Cr) 9,728 1,924
• Mark
ket breadth was high
h her at ~1.0 03x as inve
estors
Advances 789 1,365
boug large ca stocks. O provisiona basis, bot FIIs
ght ap On al th
Declines 663 1,329
and domestic institutions sold equitie worth `1
es 1.84bn
Unchanged 85 132 and `0.83bn, re
espectively.
Tota
al 1,537 2,826 • Asia’s markets f fell sharply Wednesday after new that
y, ws
Glob Markets
bal Greeece’s politic impasse would forc new elections
cal e ce
in th country, raising concerns of an exit from the
he a m
Inde
ex Late Values
est Change (%)
)
euro zone.
o
DJIA
A 12,632.00 -0.50%
• We expect a w weak openin for the Indian stoc
ng cks as
NAS
SDAQ 2,893.76 -0.30%
there is possible weakening of the Ind
e dian rupee i line
in
Nikk *
kei 8,820.79 -0.90%
with the falling global currencies Euro sh
s. harply
Hang Seng * 19,447.06 -2.25% declined agains dollar to 1
st 1.273 levels (a 4 month low)
s h
* as o 8.25AM IST
of depicting stron sense o fear among the fo
ng of oreign
Curr
rencies / Co
ommodities Snapshot
s investors. Along with globa economic situation India's
g al c
dommestic scenaario led by s
slow growth and high prices
h
Latest Previous
Quote Close is no very cond
ot ducive.
Indian Rupee per $ 53.79 53.92 Econom and Cor
mic rporate Dev
velopments
s
Indian Rupee per € 68.50 69.17 • The Direct Taxxes Code ( (DTC) Bill, which seeeks to
NYM
MEX Crude Oil($/bbl) 92.87 93.98 over
rhaul the 5 year-old Income-ta laws, w
50 d ax will be
Gold ($/oz)
d 1,541.40 1,556.80 brou
ught in Parrliament in the monso oon session and
n
most of the recommen ndations of the Sta anding
Silve ($/oz)
er 27.69 28.05
Com
mmittee will be accepted.
Keyn
note Capitals Institutional Researc
ch (research@@keynotecapitals.net) (+
+9122-3026 66000)
Keynote Capitals Insttitutional Res
search is als available o
so on
Bloo
omberg KNTE <GO>, Tho
E omson One A Analytics, Re
euters Know wledge, Capit IQ, TheMa
tal arkets.com and securitie
a es.com
Keynote Capitals Institu
utional Resea
arch - winner of “India’s Best IPO Analyst Award 2009” by MCX-Zee Business
To unsubsc cribe from th mailing lis please reply to unsub
his st, bscribe@keyynotecapitals
s.net

2.
INSTITUTIONAL RESEARCH
TOP GAINERS Buzzin Stocks
ng
(BSE A-Group)
E • GAIL will be set
L tting up a jo
oint venture with the T
e Tamil
Previous Currennt Change Nad Industria Developm
du al ment Corpo oration (Tid
dco).
Com
mpany Name
e
Close(`
`) Price(`
`) (%) The new comp pany will mmake an inv vestment to the
o
Unit
ted Spirits 628.75
5 666.05 5.93 tune of `10,00
e 00Cr over t the next fiv years ac
ve cross
Rash
htriya Chem 54.15
5 57.35 5.91 Tam Nadu for setting up a power pla and pipe
mil ant eline
JSW ENERGY 42.30
0 44.75 5.79 infra
astructure to carry LNGG.
JSW Steel 619.55
5 653.20 5.43 • IVRC Limited has bagge orders worth `652.6
CL ed w 65Cr
L&T
T 1159.80
0 1222.50 5.41 under its irrigat
tion, buildin and wate divisions.
ngs er
(BSE Mid-Cap)
E • Adani Gas Ltd, a subsidiar of Adani Enterprises Ltd
ry s
has increased prices of compresse natural gas
ed
Previous Currennt Change
Com
mpany Name
e (CNG) and natu ural gas for industrial consumers with
r c
Close(`
`) Price(`
`) (%)
INDI
IAB POWER 10.73 11.80 9.97 effect from midnight of M May 15, 2012, a comp pany
India Infoline
a 45.90 50.45 9.91 offic
cial informed. The company has at ttributed hik in
ke
Nati
ional Fert 72.20 77.55 7.41 gas prices to increase in price of im mported liqu uified
Tube Invest 131.45 139.90 6.43 natuural gas (LNG) and fluctuation in curre
ns ency
exchhange rates s.
Rash
htriya Chem 54.15 57.35 5.91
• The CNG price are hike by `2.80 per kg f
es ed from
TOP LOSERS `50.
.20 a kg to Rs 53 a kg. This in
o ncludes 14.42%
exci duty and 15% value added tax (VAT).
ise d e
(BSE A-Group)
E
• The Electrotherm (India a) Ltd ha
as approacched
Previous Currennt Change
Com
mpany Name
e Supreme Cour challenging Gujarat High Court's
rt
Close(`
`) Price(`
`) (%)
Obe
eroi Realty 246.50
0 238.70
0 -3.16 rece
ent order to shut d down its steel and pipe
s
NTPC 147.85
5 143.50
0 -2.94 mannufacturing plant in Bhachau block of K
b Kutch
Eich Motors
her 2074.70
0 2017.00
0 -2.78
district.
Adit
tya Birla Nuv 828.85
5 807.30
0 -2.60 • Vide
eocon Induustries will raise $5
l 51.02mn (over
Maruti Suzuki 1246.90
0 1214.80
0 -2.57 `270
0Cr) throug issue o securities on a private
gh of s
plac
cement basi from over
is rseas marke
et.
(BSE Mid-Cap)
E
US markets
Previous Currennt Change
Com
mpany Name
e US markets declin
ned Tuesday with the Dow indust
y, trials
Close(`
`) Price(`
`) (%)
REI Agro 9.79 9.14 -6.64 ending near a four-month low, with the la
g atest
FDC
C 80.65 77.50 -3.91 breakd
down in Gree mpts to form a coalition.
ece’s attem
Fres
senius Kabi 126.45 121.55 -3.88 The Do Jones Ind
ow dustrial Ave
erage shed 63.35 point or
6 ts,
Sadbhav Engr 135.35 130.20 -3.80 0.5%, to 12,632. T
t The S&P 50 Index fell 7.69 point or
00 l ts,
S Mo
obility 62.10 59.75 -3.78 0.6%, to 1,330.66. The N Nasdaq Co omposite Inndex
decline 8.82 poin
ed nts, or 0.3% to 2,893.7
%, 76.
Keyn
note Capitals Institutional Researc
ch (research@
@keynotecapitals.net) (+
+9122-3026
66000)

3.
INSTITUTIONAL RESEARCH
India and Globa Economic Calendar
a al c
Countries / Wedn
nesday Thu
ursday Friday
F Monday
M
Reg
gions 16/
/May 17
7/May 18/May 21/May
2
Ind
dia M3 Money Supply
y Forex Re
eserves Dat
ta
Bank Loa Growth
an
US Housing S
Starts Initial Job
bless Claims
s American Petroleumm Chicago Fed
o
(MoM) Institute Monthly
e Nationa Activity
al
Report Index
Industrial
l Leading Indicators
Production (MoM)
n (MoM)
FOMC Min nutes
Glo
obal UK's Averrage Japan Ind
dustrial G8 Meet
ting
Earnings including productio
on
Bonus (3M Mo/Yr)
Eurozone's
Consumer Price
r
Index (YoY and
Y)
(MoM)
UK's Bank of
k
England Q Quarterly
Inflation R
Report
KEYN
NOTE CAPITTALS LTD.
The Rub 9th Floo Senapati Bapat Marg, Dadar (W), Mumba – 400 028
by, or, ai 8
Tel. : +9
9122-30266
6000 • www
w.keynotec
capitals.com
m
Disclaiimer: This re
eport is purely for informa ation purpose and is bassed on public information News cont
c n. tent is attribu
utable to
various media, unle specified otherwise. A market related statistic data perta
ess All cal ains to the im
mmediately preceding trad ding day,
unless stated other
s rwise. Neithe the informa
er ation nor any opinion expressed in this report constitutes an off
y s fer, or an invitation to
make an offer, to bbuy or sell the securities m
mentioned he erein. We or any of our directors, offic
cers or emplo
oyees shall not in any
way be responsible for any loss arising from the use of this report. Investors are advised to apply their own judgmen before
e e s m e o nt
acting on the conteents of this re port has not been edited due to time c
eport. The rep d constraints.