1. June 17, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 16-Jun 15-Jun % Change COMMENTARY
BSE Sensex 17,986 18,133 (0.81) INDIA
NSE Nifty 5,397 5,447 (0.92)
BSE Midcap 6,872 6,920 (0.70) At the end of a volatile session, the Indian markets closed in the red for a second straight trading session on
BSE Smallcap 8,250 8,344 (1.13) Thursday, after the RBI increased policy rates for the 10th time in the past 15 months to contain inflation. The
Nifty Junior 11,126 11,211 (0.76) Indian market was also pressured by all-round weakness in world equities on the back of heightened tension
over Greece's worsening fiscal health and increasing evidence of a slowdown in the US economy. The BSE
CNX Midcap 7,969 8,014 (0.56)
Sensex and the NSE Nifty index closed near day’s low as heavy offloading was seen in the frontline stocks like
Reliance Industries, Bharti Airtel, TCS and L&T. Meanwhile, inflation in the Primary Articles group increased to
12.86% in the week under consideration from 11.52% in the week ended May 28. Inflation in the Fuel &
GLOBAL MARKETS 16-Jun 15-Jun % Change Power group rose to 12.84% in the week ended June 4 from 12.46% in the preceding week. The BSE Sensex
Dow Jones Ind (USA) 11,962 11,897 0.54 ended at 17,986 losing 147 points. The NSE Nifty closed at 5,397 losing 51 points.
Nasdaq Composite(USA) 2,624 2,631 (0.29) The overall breadth was negative as 1,085 stocks advanced while 1,744 stocks declined.
S&P 500 (USA) 1,268 1,265 0.18
FTSE 100 (UK) 5,699 5,743 (0.76)
DAX (Germany) 7,110 7,115 (0.07) GLOBAL MARKETS
Nikkei 225 (Tokyo) 9,411 9,575 (1.70)
U.S. stocks rebounded, a day after the Standard & Poor’s 500 Index declined to a three-month low, as better-
Hang Seng (Hong Kong) 21,953 22,344 (1.75)
than-estimated housing starts and jobless claims reports tempered concern about a slowdown in the
Shanghai Comp (China) 2,664 2,705 (1.51) economy. The S&P 500 rose 0.2 percent to 1,268 while the Dow Jones Industrial Average advanced 64 points,
KOSPI (South Korea) 2,047 2,087 (1.91) or 0.5 percent, to 11,962.
STI (Singapore) 3,020 3,055 (1.14)
MSCI Emerging Market 433 432 0.23 Asian markets are trading negative as Nikkei is down 0.20%, Hang Seng is down 0.26% and Strait Times is
MSCI Frontier Market 550 548 0.36 down 0.32%.
BOND MARKETS 16-Jun 15-Jun Change
10yr G-Sec Yield 8.31 8.39 (0.08) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.34 8.34 0.00 The Reserve Bank of India (RBI) on Thursday hiked the key policy rates by 25 basis points (bps) in its
LIBOR (6m) 0.46 0.46 0.00 ongoing fight against stubborn inflation, showing increasing preference for price stability in the growth-
LIBOR (1m) 0.25 0.25 0.00 inflation tradeoff. The repo rate now stands at 7.50%. The reverse repo rate will be 100 bps lower than the
Interbank Call rate 7.45 7.35 0.10 repo rate at 6.50%.The bank rate and the CRR have been left unchanged at 6% each.
Food inflation went down marginally to 8.96% for the week ended June 4 on the back of cheaper
pulses and vegetables.Food inflation, as measured by the Wholesale Price Index (WPI), stood at 9.01% in
BSE Turnover Rs Cr('000) Sensex the previous week, while it was over 21% in the first week of June last year.
18400 4.5
4.0 Oil & Natural Gas Corporation (ONGC) is likely to come out with its FPO in July, Divestment Secretary
18300 Sumit Bose was quoted as saying. ONGC is expected to raise up to US$2.8bn.
3.5
18200 3.0
2.5 Wind turbine maker Suzlon Energy said on Thursday it had got a 50.4 megawatt order from National
18100
2.0 Aluminium Co Ltd.The order is to set up, operate and maintain wind energy projects in the southern Indian
18000 1.5 state Andhra Pradesh and is scheduled for completion by January 2012.
1.0
17900
0.5 GVK Power and Infrastructure will buy two of Hancock Prospecting's thermal coal mines in Australia for
17800 0.0 around $2.4 billion.
10-Jun 13-Jun 14-Jun 15-Jun 16-Jun
Steel pipe maker PSL Ltd said that it expects to bag projects worth over $120 million from India and West
Asia in the July-September quarter and aims to have an order book of about Rs 3,500 crore by March 2012.
NSE Turnover Rs Cr('000) Nifty Textiles firm Mafatlal Industries said that its shareholders have approved the proposal to sell its land at
5520 12 Mazgaon in Mumbai to Gliders Buildcon LLP for Rs 605 crore.
5500
10
5480 Alfa Laval India - the Indian subsidiary of Swedish Alfa Laval Group -has received an order for a complete
5460 88.38 8
#DIV/0! solution to a vegetable oil plant in India. The order value is about Rs. 455 million and delivery is scheduled
5440
6 for early 2012, Alfa Laval's products such as separators, mixers, and heat exchangers will be used for
5420
5400 4 refining different types of crude oils - e.g. soyabean and palm - into high quality oils.
5380
2 The 13-day-long strike at Maruti Suzuki India Limited’s Manesar plant finally came to an end around
5360
5340 0 midnight on Thursday after hectic negotiations between the management, striking workers and Haryana
10-Jun 13-Jun 14-Jun 15-Jun 16-Jun labour department officials.

2. June 17, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 16-Jun 15-Jun % Change CORPORATE NEWS
HC 6,377 6,386 -0.14% Housing Development Finance Corp (HDFC), India's largest mortgage lender, aims to
FMCG 3,879 3,891 -0.31% post an average of 20% annual growth in new lending in coming years, its chief executive
REALTY 2,115 2,123 -0.37% said, despite surging interest rates and competition.
PSU 8,400 8,431 -0.37%
POWER 2,546 2,557 -0.45% Hotel Leela Venture said that it is exploring opportunities to partner with real estate
firms on a revenue sharing basis to develop its land bank in Hyderabad and Bangalore.
BANKEX 12,077 12,143 -0.55%
AUTO 8,555 8,624 -0.80%
HCL Technologies Ltd, a global IT services provider have announced its partnership with
OIL&GAS 9,117 9,197 -0.87% Trintech, a financial software provider. HCL will leverage Trintech's Last Mile of Finance
CD 6,621 6,695 -1.10% platform to deliver its customers with cost reduction and process improvement
METAL 14,457 14,628 -1.17% capabilities.
CG 13,196 13,376 -1.35%
TECk 3,598 3,650 -1.42% The government has approved over 54% increase in cost of the nation's first strategic
IT 5,934 6,034 -1.66% crude oil storage being built as insurance against supply disruptions.
Australia and New Zealand Banking Group Limited (ANZ) yesterday have announced
the commencement of banking operations in India with the opening of its first branch in
Mumbai.
Airbus has received an order worth $7.2 billion for 72 planes from GoAir, the latest in a
BSE Upper Circuit Breakers series of Indian airlines scrambling to meet growing demand in India.The order for A320
Company Name 16-Jun 15-Jun % Change planes brings GoAir's total order book with Airbus to $9.6 billion, Managing Director Jeh
Rajratan Global 182.2 151.8 20.00 Wadia told reporters on Thursday.
GUJARAT BOROSIL 12.0 10.0 20.00
Financial Eyes 53.0 48.2 10.00 Datamatics Software Services Limited, domestic subsidiary of Datamatics Global
GMETCOAL 78.9 71.7 10.00 Services Ltd, a0Global Information Technology (IT) and Knowledge Process Outsourcing
SOFTBPO GLOBAL SERVICES 265.7 253.0 5.00 (KPO) organization, today signed a definitive agreement to acquire a controlling stake in
Vista Infosystems, an unlisted entity specializing in the Embedded Systems space.
Uninor announced that it has crossed the significant 25 million subscriptions milestone
in India. Uninor launched its commercial service in eight telecom circles in December
2009. With the launchof an additional 5 circles the company reached its current
commercial footprintof 13 circles in June 2010. The 25 million milestone was thus
BSE Lower Circuit Breakers reached in 18months of the first circle launch and within 12 months of completing
Company Name 16-Jun 15-Jun % Change itscurrent commercial footprint.
Parenteral Drug 104.7 110.2 (5.00)
Solix Tech 18.1 19.1 (5.00) Auto component maker Amtek Auto said that it has redeemed its convertible bonds,
(5.00) which were due for maturity for $145.97 million (about Rs 654.33 crore).
Techno Forge 14.8 15.6
Unitech Intl 46.6 49.1 (5.00)
The government has cancelled five coal blocks allocated to power companies, including
Ankush Finstock 5.7 6.0 (5.00) three to National Thermal Power Corporation (NTPC), due to their failure to develop
them, within days of Coal Minister Sriprakash Jaiswal's remarks that the decision to cancel
the fields allocated to the PSU will be reviewed.
The country's largest two-wheeler maker Hero Honda said that it had launched refreshed
versions of its motorcycles Glamour and Glamour F1.
Tata Steel said that it has sold its 26.27% stake in Australian coal miner Riversdale to
global mining major Rio Tinto for AUD 1.06 billion ($1.11 billion).
COMMODITY 16-Jun 15-Jun % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 114 114 0.25
0.22 Brent Crude Oil closed flat at $114 per barrel . Gold closed up by 0.22% at Rs 22,499
Gold (Rs/10gm) 22,499 22,450
and silver closed down by 0.58% at Rs 53,344.
Silver (Rs/kg) 53,344 53,655 (0.58)
The Indian Rupee closed lower against the dollar at Rs 44.91 as the Indian equity
CURRENCY 16-Jun 15-Jun % Change benchmarks ended on a negative note.
INR / USD 44.91 44.77 0.31
USD / Euro 1.41 1.43 (1.40)
Yen / USD 80.68 80.66 0.02

3. June 17, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
RUCHISOYA 96.6 97.5 0.93 Boeing forecasts a $4 trillion market for new aircraftover the next 20 years with a
HEXAWARE 71.0 71.7 0.92 significant increase in forecasted deliveries.That's according to the Boeing 2011
HINDZINC 132.2 133.4 0.91 Current Market Outlook (CMO) released todayin Paris. The company's annual
ESCORTS 113.5 114.5 0.88 commercial aviation market analysis foresees a market for33,500 new passenger
MRF 6800.0 6,859.0 0.87 airplanes and freighters between 2011 and 2030.
CENTRALBK 116.3 117.3 0.86
BAJAJHLDNG 764.3 728.3 (4.70) Tractor sales in India, may reportedly reach a record for a second year. The increase in
tractor sales may be attributed to the rising farm output and all-time high commodity
VIJAYABANK 71.8 69.5 (3.20)
prices. According to reports, the demand may increase between 12% and 15% in the
BAJAJ-AUTO 1352.5 1,316.0 (2.70)
year that began on April 1, from about 540,000 units a year earlier.
IOB 146.3 142.9 (2.32)
SOBHA 254.0 249.9 (1.63) Flipkart, India's leading e-commerce destination, today announced the Series C
APIL 561.1 552.4 (1.55) funding of US $20 million from existing investor Tiger Global. The funding, raised
earlier this year from Tiger Global, will be used by Flipkart for building more capacity
INSTITUTIONAL ACTIVITY (Rs Cr) 09-Jun 08-Jun YTD in supply chain and logistics, upgrading technology capabilities and expanding
FII Cash Net 146 175 4,898 marketing initiatives. This funding takes the total investment in Flipkart close to US
FII Stock Futures (145) (270) (2,469) $31 million.
FII Index Futures (392) (268) 10,171
Mutual Fund 45 22 1,792 The Export-Import Bank of India (Exim Bank) has entered into an agreement with
Ethiopia for extending a $91 million line of credit to finance exports and consultancy
services for development of the sugar industry in the East African nation.
VALUATIONS P/E P/B DIV YLD
BSE 19.4 3.6 1.1
NSE 20.3 3.4 1.3
BSE500 Mcap/GDP Ratio 0.60
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Reliance Infra 574.9 2.00 Century Tex 359.3 6.02 Shriram Epc 167.2 15.36
Hindustan Unilever 320.4 1.10 D B REALTY 78.1 5.33 LOVABLE 449.0 14.84
SBI 2205.8 1.09 SKS Microfinance 399.2 5.00 Genus Power 17.5 13.55
BHEL 1943.0 0.67 Punj Lloyd 69.8 3.56 Entertainment Netw 272.8 10.65
ONGC 269.3 0.35 Torrent Pharma 653.1 3.49 RBN 75.3 8.90
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
TCS 1151.7 -2.4 IVRCL LTD 70.5 -4.92 MIC Electronics 15.25 -13.35
Sterlite Inds 159.0 -2.33 TTK Prestige 2654.4 -4.72 Zenith Info 203.00 -7.28
L&T 1679.7 -2 Anant Raj Inds-$ 69.5 -4.4 SE Investments 11.74 -6.68
Wipro 415.8 -1.99 Bank of Maharashtra 56.3 -4.33 WELPROJ 67.15 -6.48
Maruti Suzuki 1189.5 -1.74 India Infoline 83.9 -4.17 Kalyani Invest 707.00 -5.57
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