1.
June 1, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 31-May 30-May % Change COMMENTARY
BSE Sensex 18,503 18,232 1.49 INDIA
NSE Nifty 5,560 5,473 1.59 It was an outstanding trading session for the Indian stock market on Tuesday with the NSE Nifty ending
BSE Midcap 6,911 6,788 1.81 above the 5550 levels, while the BSE Sensex shut shop above the 18500 levels. After Monday’s lacklustre
BSE Smallcap 8,236 8,155 0.99 session, the benchmark indices posted healthy gains yesterday amid a worldwide rally in equities and to
Nifty Junior 11,444 11,241 1.80 some extent commodities as well. The Asian markets ended sharply higher and European stocks also surged.
CNX Midcap 8,065 7,946 1.50 US stock futures also pointed to a higher opening later yesterday. The BSE Sensex ended at 18,503 adding
271 points. The NSE Nifty closed at 5,560 adding 87 points. The rally was led by Realty, FMCG, Banking, Metals
and Pharma stocks. The smart gains yesterday came despite lower than expected quarterly GDP numbers.
GLOBAL MARKETS 31-May 30-May % Change The disappointing GDP data sparked speculation that the RBI may just temper its aggressive monetary
stance in the growth-inflation trade off.
Dow Jones Ind (USA) 12,570 12,442 1.03
Nasdaq Composite(USA) 2,835 2,798 1.33 The market breadth was positive. Of the total 2943 stocks traded on the BSE, 1831 stocks advanced while
S&P 500 (USA) 1,346 1,331 1.09 1001 declined.
FTSE 100 (UK) 5,960 5,939 0.35
DAX (Germany) 7,294 7,160 1.87 GLOBAL MARKETS
Nikkei 225 (Tokyo) 9,694 9,505 1.99 U.S. stocks advanced, trimming the biggest monthly drop since August for the Standard & Poor’s 500
Hang Seng (Hong Kong) 23,684 23,184 2.16 Index, amid speculation about additional aid for Greece. Apple Inc. (AAPL) rallied 3.1 percent after saying
Shanghai Comp (China) 2,744 2,706 1.40 Chief Executive Officer Steve Jobs will introduce a cloud-computing product and new software next week.
KOSPI (South Korea) 2,142 2,094 2.32 Intel Corp. (INTC) gained 1.4 percent as the world’s largest chipmaker seeks to challenge tablet makers with a
STI (Singapore) 3,160 3,140 0.64 new type of thinner laptop called an “ultrabook.”. The S&P 500 rose 1.1 percent to 1,346, for its fourth
consecutive day of gains. The index declined 1.4 percent in May. The Dow Jones Industrial Average added 1
MSCI Emerging Market 440 436 0.92
percent, to 12,570 yesterday. Equities advanced even as data on consumer confidence and business activity
MSCI Frontier Market 546 545 0.18 trailed economists’ estimates.
Asian markets have opened up on soft note. Nikkei and STI are trading marginally in green and Hang Seng is
BOND MARKETS 31-May 30-May Change
10yr G-Sec Yield 8.41 8.43 (0.02) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.29 8.29 0.00 The GDP for Q4 FY11 stood at 7.8% as against expectations of 8.2%, At the same time, the Government
LIBOR (6m) 0.46 0.46 0.00 revised Q3 GDP to 8.3% from 8.2% earlier. The Indian economy had expanded by 9.4% in the fourth
LIBOR (1m) 0.25 0.25 0.00 quarter of last fiscal year.
Interbank Call rate 7.33 7.39 (0.06)
Tata Steel said that it has offloaded 51% stake in group company Tata Refractories (TRL) to Nippon Steel's
associate Krosaki Harima Corporation (KHC) and inducted the Japanese firm as a strategic partner.The deal
is valued at Rs 576.3 crore, going by the TRL's valuation at Rs 1,130 crore.
BSE Turnover Rs Cr('000) Sensex
18600 4.0 Maruti Suzuki India Ltd. is reportedly contemplating setting up a greenfield plant in Gujarat.
18400 3.5
Polaris Software (POLS.BO), a leading global Financial Technology Company, has announced the launch
3.0
18200 of Intellect Liquidity Risk Management (LRM) solution which enables the banks and financial institutions
2.5 worldwide to comply with BASEL III.
18000 2.0
17800 1.5 Fertiliser maker Coromandel International said on Tuesday it would pay about Rs 284 crore to buy
1.0 42.22% stake in Sabero Organics Gujarat.The company's board also approved buying up to 31% from
17600 0.5 shareholders of Sabero Organics.
17400 0.0
25-May 26-May 27-May 30-May 31-May Shipping Corporation of India, India's largest shipping services firm, plans to raise $500-600 million
through external commercial borrowings in FY12 to fund expansion
S. Kumars Nationwide announced its Q4FY11 results where its consolidated net profit jumped 140.3% to
NSE Turnover Rs Cr('000) Nifty
Rs. 124.67 crore on 48.9% increase in net sales to Rs. 1459.40 crore in Q4 March 2011 over Q4 March 2010.
5600 18
5550 16 Godrej Industries announced its Q4FY11 results where its consolidated net profit rose 42.3% to Rs.
5500 14 108.76 crore on 41.5% rise in net sales to Rs. 1367.15 crore in Q4 March 2011 over Q4 March 2010.
5450 88.38 12
#DIV/0!
10 Aditya Birla Retail (ABRL), the retail arm of the $29.2 billion diversified Aditya Birla Group, said that it is
5400
8
5350 considering to enter speciality retail segment, even as it plans to add over 160 new stores under its 'more'
6
5300 4 brand this fiscal at an investment of Rs 300 crore.
5250 2
5200 0 GMR Infra got environmental clearance for Chhattisgarh power project. Co said 6 highway projects are
25-May 26-May 27-May 30-May 31-May currently under operation.

2.
June 1, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 31-May 30-May % Change CORPORATE NEWS
REALTY 2,178 2,124 2.53% State-run NMDC said that it is looking for a partner to set up a 400 Mw power plant in
FMCG 3,858 3,773 2.25% Chhattisgarh to meet the requirements of its upcoming three million tonne steel plant in
BANKEX 12,543 12,282 2.13% the state.
HC 6,393 6,276 1.87%
METAL 15,411 15,146 1.75% Persistent Systems Ltd has announced that they have signed an agreement to
POWER 2,556 2,516 1.58% acquire French Software Business from Agilent Technologies.
PSU 8,582 8,450 1.57%
CD 6,549 6,463 1.33% Life Insurance Corporation's (LIC) Eastern Division has set a target for Rs 6,700 crore in
new business premium during the 2011-12 financial year.
CG 13,092 12,925 1.29%
OIL&GAS 9,594 9,481 1.20% GMR Infrastructure posted a consolidated net loss of Rs 1,007 crore for the fourth
AUTO 8,933 8,847 0.97% quarter ended March 31, 2011.The company had a net profit of Rs 73 crore in the same
TECk 3,624 3,602 0.61% period last fiscal. It may also pump in Rs 3,000 crore equity investments to part fund it's
IT 5,994 5,964 0.50% road and power projects in the next two years. It also reported that it has bid for two coal
assets in Australia and Indonesia, aiming to secure raw material needs for its upcoming
power projects.
Micro Focus, the leading provider of enterprise application modernization, testing and
management solutions, has announced Redington (India) Limited, a leading provider of
IT products, logistics management and other services, as a Value-added Distributor in
BSE Upper Circuit Breakers India. This alliance will help Micro Focus leverage the strong reseller base of Redington
Company Name 31-May 30-May % Change India to expand its customer reach and solutions in India.
Orissa Minerals Development 53,446.1 44,538.4 20.00
Rajapalayam Mills 612.0 510.0 20.00 DLF Ltd has launched integrated township, Garden City at Indore, according to a
ARORA FIBRES 38.2 31.9 20.00 report.The report stated this project is spread over 192 acres and expects sales realisation
BOMBAY SWADESHI STORES 33.0 30.0 10.00 of about Rs. 3bn from the project.
0
GANDHINAGAR HOTELS 66.6 60.6 10.00
Insecticides (India) Limited, one of the fastest growing companies in agrochemicals
Industry, posted a 20 % rise in revenues and a 14 % jump in the net profit for the FY 2010-
11, over the previous year. While the company saw its net profit touching Rs. 3221 Lacs
for FY2010-11, against Rs. 2821 Lacs during the corresponding period of last year, its net
sales increased by nearly 20 % to Rs. 47790 lacs in the FY 2010-11.
BSE Lower Circuit Breakers Ahluwalia Contracts (India) Ltd, India’s leading Engineering, Procurement and
Company Name 31-May 30-May % Change Construction service provider in urban infrastructure sector, announced its audited
Sanghvi Forging And Engineering 77.4 96.7 (20.00) financial results for the financial year ended March 31st, 2011. The company has posted
KAR MOBILES 184.9 205.4 (10.00) the total income at Rs. 17.60bn as compared to Rs. 16.24bn in FY10. EBIDTA was at Rs.
1.65bn as compared to Rs. 1.80bn in FY10.
ASAHI INFRASTRUCTURE & PROJECTS 9.0 10.0 (10.00)
Veljan Denison 445.0 468.4 (5.00) Services and consulting firm Serco have signed an agreement to acquire Indian BPO
Visagar Polytex 149.0 156.8 (5.00) company Intelenet for up to 385 million pound (Rs 2,772 crore).
Omaxe Ltd sees its infrastructure order book growing to Rs 1,800-1,900 crore in FY12 as
it hopes to win a few government contracts this year.
Fashion garments maker Provogue have reported a 24.67% jump in consolidated net
profit to Rs 26.17 crore for the year ended March 31, 2011.The company had posted a net
profit of Rs 20.99 crore for the year ended March 31, 2010.
Mumbai-based Sezal Glass said that its shareholders have approved to sell its float glass
business to Saint Gobain Glass India for Rs 686 crore.
COMMODITY 31-May 31-May % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 117 115 1.60
Gold (Rs/10gm) 22,496 22,493 0.01 Brent Crude Oil closed up at $117 per barrel. Gold closed flat Rs 22,496 and silver closed
flat Rs 57,594.
Silver (Rs/kg) 57,594 57,566 0.05
CURRENCY 31-May 31-May % Change The Indian Rupee closed higher by 0.04% against the dollar at Rs 45.05 as the Indian
INR / USD 45.05 45.07 (0.04) equity benchmarks ended on a positive note.
USD / Euro 1.44 1.42 1.34
Yen / USD 81.58 80.80 0.96

3.
June 1, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
BIOCON 348.9 354.2 1.52
Coal Ministry has proposed to finance the purchase railway of racks to speed up
NAGARFERT 31.7 32.2 1.42
dispatches of coal to various sectors. Dispatches of coal to power sector in April 2011 as
GTLINFRA 32.9 33.3 1.37 grown 12.8 percent over the corresponding period of the last year.
NCC 86.1 87.1 1.22
ONMOBILE 110.6 111.9 1.18 Indian companies have raised a total of $15.7 billion so far this year through debt
MOSERBAER 41.1 41.5 1.10 securities, out of which mining major Vedanta Resources' $1.7 billion bond issue was
BAJAJHLDNG 766.0 738.0 (3.66) the biggest.
ANDHRABANK 143.7 138.6 (3.52)
PNB 1100.0 1,065.3 (3.16)
SYNDIBANK 117.2 113.9 (2.82)
BANKINDIA 447.0 435.7 (2.53)
UNIONBANK 319.5 311.5 (2.49)
INSTITUTIONAL ACTIVITY (Rs Cr) 23-May 20-May YTD
FII Cash Net (138) (75) 1,116
FII Stock Futures (120) 451 (1,718)
FII Index Futures (817) 66 (5,798)
Mutual Fund (89) 226 1,262
VALUATIONS P/E P/B DIV YLD
BSE 19.4 3.4 1.1
NSE 21.1 3.5 1.1
BSE500 Mcap/GDP Ratio 0.59
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Jaiprakash Asso 86.50 4.59 Punj Lloyd 68.2 17.50 SRS Real Infra 43.0 19.11
HDFC Bank 2388.30 3.47 Sterling Intl-$ 307.6 17.09 Fulford India-$ 944.3 11.75
DLF 238.55 3.27 Gujarat Pipavav 68.6 11.45 PVR 110.1 10.27
ITC 193.35 3.07 JSL 107.4 9.76 Meghmani Org 12.7 9.81
SBI 2297.80 2.76 Marico 149.4 8.38 Claris Lifesciences 184.0 9.39
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Cipla 325.1 1.4 Kirloskar Oil Engines 114.6 -7.39 Ashapura Mine 20.15 -12.2
- - - Motilal Oswal 109.0 -4.8 Consolid Constr 30.20 -8.76
- - - Astrazeneca Phar 1238.1 -3.61 Simplex Proj 111.85 -6.83
- - - Gammon Infra 16.2 -3.57 SARASWATI 789.00 -5.51
- - - Patni Computer 353.9 -2.92 Ganesh Hous-$ 120.00 -5.33
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Paramount Printpack Ltd Crosseas Capital Services Pvt. Ltd. BUY 0.71% 27.1
Prithvi Information Solut Rajat Gandhi BUY 0.84% 37.4
Ramco Industries Ltd Ramasubrahmaneya Rajha Ramasamy Rajha Poosapadi BUY 0.15% 43.9
Neha International Ltd A3N Holdings SELL 0.58% 161.5
Shalimar Paints Ltd R.M. Share Trading Pvt Ltd SELL 2.29% 498.4
BSE
Asahi Infra Indravarun Trade Impex Pvt Ltd BUY 0.71% 10.9
Paramount Print Crosseas Capital Services Private Limited BUY 2.87% 27.6
SCOPE IND Lakshmanarao Kondaveti BUY 0.75% 63.2
Tata Coffee A K G Securities And Consultancy Ltd SELL 2.01% 820.3
Micro Forge Rekha Garg SELL 1.29% 2.2