1. March 10, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET * 09-Mar 08-Mar % Change COMMENTARY
BSE Sensex 18,470 18,440 0.16 INDIA
NSE Nifty 5,531 5,521 0.18
BSE Midcap 6,605 6,562 0.65 A bad day on Monday was followed by a strong rally on Tuesday. But, yesterday the Indian markets chose
BSE Smallcap 8,010 7,945 0.81 to take a break with the two key stock indices ending almost unchanged amid some choppiness. The flat
Nifty Junior 10,833 10,779 0.49 finish comes when the markets looked all set to extend the post-Budget gains. Markets struggled for
direction yesterday despite crude oil prices moderating over the past couple of days and US stocks rallying
CNX Midcap 7,677 7,632 0.59
overnight. Barring Pharma and IT indexes, all the other BSE sectoral indices ended in the green. The BSE
Mid-Cap and the BSE Small-Cap outperformed the benchmark indices. Both the indices gained 0.6% and
0.8% respectively. The BSE Sensex gained 30 points to end at 18,470,while the NSE Nifty gained 10 points
GLOBAL MARKETS 09-Mar 08-Mar % Change to close at 5, 531.
Dow Jones Ind (USA) 12,213 12,214 (0.01)
Nasdaq Composite(USA) 2,752 2,766 (0.52) The market breadth remained positive, with 1,645 advances versus 1,218 declines.
S&P 500 (USA) 1,320 1,322 (0.15)
FTSE 100 (UK) 5,937 5,975 (0.64)
DAX (Germany) 7,132 7,164 (0.45) GLOBAL MARKETS
Nikkei 225 (Tokyo) 10,590 10,525 0.61
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower a third time in four days, as escalating
Hang Seng (Hong Kong) 23,810 23,712 0.41
violence in Libya tempered optimism that the biggest equity rally since 1955 will extend into a third year.
Shanghai Comp (China) 3,003 3,000 0.10 The S&P 500 dropped 0.1 percent to 1,320. The Dow Jones Industrial Average ended flat at 12,213.
KOSPI (South Korea) 2,001 1,996 0.26
STI (Singapore) 3,093 3,104 (0.34) The Asian markets have opened on a negative note. Nikkei is down by a percent. Hang Seng is down by
MSCI Emerging Market 428 430 (0.47) half a percent.
MSCI Frontier Market 598 602 (0.66)
BOND MARKETS 09-Mar 08-Mar Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.06 8.03 0.03 Reliance Communications Limited has signed final documentation with China Development Bank (CDB)
1yr G-Sec Yield 7.67 7.67 0.00 for a Rs. 60bn (US$ 1.33bn) loan facility.
LIBOR (6m) 0.46 0.46 0.00
LIBOR (1m) 0.26 0.26 0.00 JSW Steel plans to raise up to Rs. 2300 crore to fund its 2.3 million tonne cold rolling mill to be set up at its
Interbank Call rate 6.9 6.9 (0.02) flagship Vijayanagar steel factory.
Mercator Lines is to boost its Indonesian coal production to 3.5 million tonne a year with a new mine.
BSE Turnover Rs Cr('000) Sensex Power Exchange India (PXIL) will start trading in Renewable Energy Certificates (RECs) from March 30.REC
18550 4.0 is a market-based instrument to promote renewable energy.
18500 3.5
18450 3.0 The Bangalore headquartered Puravankara Projects Ltd, a leading real estate company which operates in
18400 mid and luxury segment, is aiming to go aggressive in the affordable housing segment in the country and
18350 2.5
18300 2.0 is looking at investing between rs 500 crore to rs 1000 crore in Kerala in all the segments in the next two
18250 1.5 years.
18200 1.0
18150 Home-grown pharma major Dr Reddy's Laboratories may launch three new drugs in the US market next
18100 0.5
fiscal after the settlement of disputes with foreign players over the rights to two of them and a favorable
18050 0.0
court ruling in a third case.
3-Mar 4-Mar 7-Mar 8-Mar 9-Mar
Reliance Industries (RIL), which has seen output from its prolific KG-D6 fields fall by 15%, can raise
production to 67-68 million metric standard cubic meters of gas a day (mmscmd) by next month if it can
drill additional wells.
NSE Turnover Rs Cr('000) Nifty
5560 16
Ipca Laboratories said its formulations manufacturing unit at a Special Economic Zone in Indore has
5540 14 received the UK health regulator's approval for good manufacturing practices.
5520 12
88.38 10
#DIV/0! The country's largest two-wheeler maker Hero Honda said that its promoter Hero Investments has raised
5500
8 Rs 900 crore by pledging shares to Axis Trustee Services.
5480
6
5460 4 Global investors have pulled out a whopping $21 billion (Rs 94,485 crore) so far this year from equity funds
5440 2 in emerging markets, amid rising inflation concerns and continuing political turmoil in the West Asia.
5420 0
3-Mar 4-Mar 7-Mar 8-Mar 9-Mar
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2. March 10, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 09-Mar 08-Mar % Change CORPORATE NEWS
Realty 2,106 2,070 1.74 Ashok Leyland, the flagship of the Hinduja Group, significantly expanded their
Cd 5,791 5,741 0.88 operations in Punjab and Himachal Pradesh with the inauguration of four dealership
Auto 8,855 8,792 0.72 outlets – CM Automobiles (Mohali), TR Enterprises (Hoshiarpur), Grover Motors (Moga)
Power 2,598 2,585 0.48 and CM Associates (Kangra, Himachal Pradesh). With this, the Company now has eight
Cg 12,750 12,698 0.40 dealership outlets in Punjab along with 126 Service Bays and six dealership outlets in
Oil&Gas 9,673 9,643 0.32 HP. The Mohali dealership outlet also marks the Company’s 350th customer touch
Metal 15,874 15,833 0.26 point across the country.
Bankex 12,458 12,427 0.25
Reliance Communications, India’s largest integrated telecom operator today
Psu 8,588 8,582 0.07
announced a tariff with special roaming rates for its CDMA & GSM subscribers in Tamil
Fmcg 3,507 3,505 0.04 Nadu.
Teck 3,677 3,676 0.02
It 6,276 6,285 (0.14) Tata Teleservices Limited Executive President, Mobility Business,Deepak Gulati and
Hc 5,852 5,873 (0.36) Future Group Group CEO, Kishore Biyani will be announcing a New Strategic Initiative
and Unveil Their Plans for Year 2011.The event will be held in Mumbai. The
announcement is expected at 12noon on 10th March, 2011.
Hanung Toys has acquired controlling stake in Cody Direct Corp.
Cody Direct Corp is an 18 years Home Furnishing "Marketing and Distribution"
Company based out of New York with showroom at Fifth Avenue, New York,NY
BSE Upper Circuit Breakers
Company Name 09-Mar 08-Mar % Change Lovable Lingerie Ltd. plans to raise Rs. 933mn selling shares at Rs195 to Rs205 each in
Kerala Ayurveda 78.0 65.0 20.00 an initial public offering. The company will sell 4.55 million shares starting March 8.The
Shree Global 252.0 210.0 20.00 Initial Public Offering (IPO) of Lovable Lingerie Ltd has hardly got any subscription on
Cupid Traders 93.5 85.0 10.00 the second day of the IPO. The IPO has been subcribed 0.24 times.
Kopran 25.9 23.5 10.00 0
Prerna Infrabuild 33.0 30.0 10.00 HCL Infosystems Ltd., India’s premier Hardware, Services and ICT System Integration
Company, announced the awarding of an order from Punjab and Sind Bank (PSB) to
provide smart card based solutions in over 1500 villages across the country. The
partnership aims to facilitate the provision of smart card-based technology solutions
for financial inclusion, besides engaging and managing business correspondents
deployed in unbanked villages allotted to PSB.
BSE Lower Circuit Breakers DLF Pramerica Life Insurance Company announced opening of its new office
Company Name 09-Mar 08-Mar % Change here, with an aim to expand its footprints in Gujarat.
Aadi Industries 32.3 40.3 (20.00)
Nouveau Multimedia 151.6 168.4 (10.00) Tea stocks rallied in an insipid market on hope of better realisations following reports
that India's tea production slumped 23% in January due to bad weather in key
Best Eastern Hotels 178.7 188.1 (5.00)
producing states.
Shaily Engineers 217.6 229.1 (5.00)
Madhur Industries 42.8 45.1 (5.00) Camlin Fine Chemicals said that it has acquired Italian chemicals firm Borregaard for
an undisclosed sum.
State-run power utility Gujarat Power Corporation (GPCL) said that it has zeroed in
on a site suitable for the commissioning of 50 Mw tidal power project.
NTPC said that it has moved the Supreme Court against the Delhi High Court's ruling
that allowed Ansaldo Caldaie Boilers (ACB) to bid for providing super-critical power
equipment to the state-run power major.
COMMODITY 09-Mar 08-Mar % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 105.2 104.5 0.63
Gold (Rs/10gm) 21,060.0 21,070.0 (0.05)
Silver (Rs/kg) 54,042.0 53,864.0 0.33 Light Sweet Crude Oil on Wednesday gained 0.63% closing at $105.20 per barrel. Gold
closed up by 0.33% at Rs 21,060 and Silver closed down by 1.41% at Rs 53,864
CURRENCY 09-Mar 08-Mar % Change The Indian Rupee closed higher against the dollar at Rs 45.00 as the Indian equity
INR / USD 45.00 45.03 (0.07) benchmarks ended on positive note.
USD / Euro 1.39 1.39 -
Yen / USD 82.68 82.56 0.15

3. March 10, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
NAGARFERT 27.5 27.8 1.28 The Cabinet is likely to consider giving approval to the Vedanta Resources' $9.6 billion
3IINFOTECH 42.4 42.8 1.06 buyout of Cairn India next week.
OIL 1230.1 1,242.5 1.01
HCC 35.1 35.4 1.00 Domestic passenger car sales touched a record 1,89,008 units in February this year, a
ESCORTS 119.2 120.4 0.96 growth of 22.63% vis-a-vis the figure for the same month of 2010, as customers
EKC 74.6 75.3 0.94 advanced their purchases fearing a possible excise duty hike in the Budget.
NATIONALUM 460.3 440.5 (4.31)
UAE-based engineering, procurement and construction company Dodsal Group has
COREPROTEC 316.7 308.3 (2.64)
acquired Chennai-based AE&E IDEA (India) Private Limited, it was announced here on
PIRHEALTH 464.9 454.1 (2.32) Tuesday.
ACC 1004.5 981.3 (2.31)
GLAXO 2182.8 2,150.8 (1.47) Credit offtake from public and private sector banks in the country grew by over 23.3%
ABB 726.2 716.4 (1.36) for the one-year period ended February 25, indicating an upswing in the industrial
activity, says the RBI.
INSTITUTIONAL ACTIVITY (Rs Cr) 01-Mar 28-Feb YTD
FII Cash Net 467 (69) (7,122) India is targeting a 40% jump in its trade with the Asean to $70 billion in 2012 with the
FII Stock Futures (1,485) (453) 6,854 signing of Free Trade Agreement with the 10-nation trade grouping, Commerce and
FII Index Futures Industry Minister An and Sharma reported yesterday.
1,606 1,105 (2,227)
Mutual Fund 413 306 2,465 Net direct tax collections grew by 20.75% to Rs 3,36,117 crore during the April-
February period of the current financial year. Direct tax collections stood at Rs 2,78,411
VALUATIONS P/E P/B DIV YLD crore in the same period last fiscal.
BSE 20.0 3.5 1.1
NSE 21.2 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 %
Reliance Comm 99.3 9.36 Shree Global Trd 252 20 Entegra 28.4 19.83
Reliance Infra 620.5 2.37 Mcleod Russel 248.85 8.64 Bhagwati Banq 113.55 13.04
Bajaj Auto 1418.2 2.27 Cox & Kings 401.65 6.82 Tata Coffee 759.4 13.02
DLF 225.3 1.33 Bajaj Finserv 572.55 6.54 TALWALKAR 224.2 11.88
ICICI Bank 1033.6 1.24 Raymond 288.1 6.49 Midfield Industries 59.05 9.96
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Cipla 302.2 -1.74 Glenmark Pharma 279.15 -3.59 Urja Glob 32.75 -9.9
Sterlite Inds 166.6 -1.19 Kirloskar Bros 122.15 -3.02 Maharashtra Scoot 329.55 -5.83
NTPC 178.1 -1.03 Sadbhav Engr 110.55 -2.9 SHASUNPHAR 53.75 -5.54
Jindal Steel 666.8 -0.69 Motilal Oswal 130 -2.62 Greenply Inds 165.05 -4.95
Hindustan Unilever 279.6 -0.66 Himadri Chem 33.65 -2.46 Graviss Hospitality 26.85 -4.79
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Nu Tek India Trans Financial Resources Ltd BUY 3.23% 17.6
Emami Infrastructure Crosseas Capital Services Pvt. Ltd. BUY 2.45% 47.6
Kalindee Rail Nirman (Eng Crosseas Capital Services Pvt. Ltd. BUY 3.60% 197.5
Subex Manish Vrajlal Sarvaiya SELL 1.23% 84.0
Fiem Industries Fiem Industries Limited SELL 2.57% 176.0
BSE
Birla Shloka Philipa John Dmello SELL 1.28% 15.7
Kalindi Rail Deepak Popatlal Vora BUY 0.65% 126.5
Marico Oppenheimer International Value Fd BUY 3.35% 114.0
Dhanus Tech Grantview Properties SELL 2.30% 11.4
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0