1. January 20, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 19-Jan 18-Jan % Change COMMENTARY
BSE Sensex 18,978 19,092 (0.60) INDIA
NSE Nifty 5,691 5,724 (0.58) After a two-day relief rally, the Indian market gave back some of those gains as bears resurfaced on Dalal
BSE Midcap 7,166 7,155 0.15 Street. The benchmark stock indices slipped in the afternoon trade after being rangebound-to-positive in
BSE Smallcap 8,902 8,893 0.10 the morning trade. Capital Goods space was under pressure and IT stocks witnessed some profit booking
Nifty Junior 11,326 11,256 0.63 while Oil & Gas stocks also declined. On the other hand, Metals and Realty stocks managed to buck the
CNX Midcap 8,173 8,157 0.19 negative trend with smart gains. The Mid-Cap and Small-Cap indices retreated from their day's high owing
to some profit taking.The BSE Sensex lost 114 points to close at 18,978 and the NSE Nifty fell 33 points to
end at 5,691.But there was outperformance on the broader market front; the BSE Midcap and BSE
Smallcap indices eked out marginal gains of 10 points and eight points at 7166 and 8902 respectively.
GLOBAL MARKETS 19-Jan 18-Jan % Change
Dow Jones Ind (USA) 11,825 11,838 (0.11) The market breadth was marginally positive, though. Out of 2993 stocks traded on the BSE, there were
Nasdaq Composite(USA) 2,725 2,766 (1.48) 1416 advancing stocks as against 1387 declines.
S&P 500 (USA) 1,282 1,295 (1.00)
FTSE 100 (UK) 5,977 6,056 (1.30)
DAX (Germany) 7,083 7,136 (0.74) GLOBAL MARKETS.
Nikkei 225 (Tokyo) 10,557 10,519 0.36 U.S. stocks fell, driving the Standard & Poor’s 500 Index to its biggest drop since November, after Goldman
Hang Seng (Hong Kong) 24,419 24,153 1.10 Sachs Group Inc. failed to beat profit estimates and housing starts slid more than forecast.Goldman Sachs
Shanghai Comp (China) 2,758 2,709 1.81 slumped 4.7 percent, the most since April, after earnings tumbled 52 percent because of lower revenue
from trading and investment banking. The S&P 500 slumped 1 percent to 1,281 after a two-day rally of 0.9
KOSPI (South Korea) 2,116 2,096 0.92
percent. The Dow Jones Industrial Average declined 0.11 % ending at 11,825.
STI (Singapore) 3,242 3,250 (0.23)
MSCI Emerging Market 440 440 0.00 The Asian markets have opened on a negative note Nikkei 225 is down almost by a percent and Hang
MSCI Frontier Market 611 611 (0.03) Seng is also trading in red.
BOND MARKETS 19-Jan 18-Jan Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.20 8.20 0.00 Orchid Chemicals & Pharmaceuticals posted a consolidated net profit of Rs 56.62 crore for the third
1yr G-Sec Yield 7.50 7.50 0.00 quarter ended December 31, 2010.The company's net sales stood at Rs 427.14 crore for the third
LIBOR (6m) 0.45 0.45 0.00 quarter.For the same period last fiscal the company's net sales stood at Rs 308.83 crore.
LIBOR (1m) 0.26 0.26 0.00
Interbank Call rate 6.7 6.7 0.00 Bajaj Auto, India's second-largest two-wheeler maker, announced a 40.42 per cent growth in its stand-
alone net profit for the third quarter ended December 31, 2010.The Pune-based company posted Rs 667
crore as net profit for the period, which was in-line with market estimates, as against Rs 475 crore posted
for the corresponding period last year.Net sales for the period rose to Rs 4,028 crore, a growth of 27.26 per
BSE Turnover Rs Cr('000) Sensex cent as compared to Rs 3,165 crore posted in the same period last year.
19300 3.6
19200 3.5 Reliance Industrial Infrastructure (RIIL) reported a 16.69 per cent dip in net profit for the quarter ended
3.4 December 31, 2010, to Rs 4.89 crore.The company, which is engaged in the infrastructure business, had
19100
3.3 posted a net profit of Rs 5.87 crore for the same quarter last fiscal.
19000
3.2
18900 Berger Paints said that it is planning to set up 300 exclusive franchisee in one year.The company would
3.1
18800 3.0 set up such shops in the first phase in Andhra Pradesh and Gujarat after test marketing in Tamil Nadu,
18700 2.9
LIC Housing Finance posted its third quarter results today with a net profit of Rs 213 crore, up 38.31 per
18600 2.8
cent compared to Rs 154 crore in the same period a year ago.The total income has increased to Rs 1354.42
13-Jan 14-Jan 17-Jan 18-Jan 19-Jan crore for the quarter ended December 31, 2010, up 53.82 per cent from Rs 880.49 crore for the same period
in the previous year.
Torrent Pharmaceuticals said that its consolidated net profit declined by 7.28 per cent to Rs 76.91 crore
NSE Turnover Rs Cr('000) Nifty for the third quarter ended December 31, 2010, over the same period previous fiscal.The Ahmedabad-
5780 16 based company had a consolidated net profit of Rs 82.95 crore in the same period last fiscal.
5760 14
5740 12
5720 Bajaj Holdings & Investment said its consolidated net profit rose by 91.14 per cent to Rs 500.98 crore for
88.38 10
#DIV/0! the third quarter ended December 31, 2010, over the same period previous fiscal.The company had a net
5700
8 profit of Rs 262.1 crore in the same period last fiscal.
5680
5660 6
5640 4 Vedanta group firm Hindustan Zincsaid that it is set to become one of the top producers of silver in the
5620 2 world, with an estimated output of 500 tonnes by March 2011, more than double its production at present.
5600 0
13-Jan 14-Jan 17-Jan 18-Jan 19-Jan
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2. January 20, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 19-Jan 18-Jan % Change CORPORATE NEWS
Metal 16,823 16,529 1.78 Coal India Ltd, the country's largest coal producer, will operationalise a new
Realty 2,513 2,472 1.66 underground mine having a reserve of 20 million tonnes in Jharkhand.
Auto 9,302 9,292 0.10
Bankex 12,054 12,049 0.04 Tata Steel said that it has raised Rs 507.82 crore through allotment of about 83 lakh
PSU 8,743 8,748 (0.06) shares to a clutch of anchor investors at the upper end of price band of its public
(0.25) offer, which is open for subscription.
Healthcare 6,535 6,551
FMCG 3,632 3,646 (0.40)
Glenmark Pharmaceuticals said that it has received US health regulator's approval to
Power 2,766 2,779 (0.47) market atovaquone amd proguanil hydrochloride tablets, used in treating malaria, in the
Consumer Durables 6,006 6,050 (0.72) American market.
Teck 3,901 3,935 (0.87)
Oil&Gas 9,817 9,931 (1.15) HCL Infosystems has been selected by KELTRON as the leading vendor to provide over
IT 6,642 6,721 (1.18) 6500 units of laptops and netbooks.
Capital Goods 13,518 13,682 (1.20)
India's largest low fare airline, IndiGo, has been granted international traffic rights, by
the Government of India, to operate services from several cities in India to
Singapore, Bangkok, Dubai and Muscat during the forthcoming summer schedule.
Rolta Ltd has announced that it has sold its 50% share in Shaw Rolta Ltd to its joint
venture partner, Stone and Webster Inc, a subsidiary of The Shaw Group.
BSE Upper Circuit Breakers
Company Name 19-Jan 18-Jan % Change GEI Industrial Systems Ltd, one of the leading manufacturers of Air Cooled Heat
Rama Vision 11.1 10.1 10.00 Exchangers (ACHE) and Air Cooled Vacuum Steam Condensers (ACSC),announced the
Lords Chemicals 125.5 119.5 5.00 unaudited results for the third quarter and nine months ended as on December
Gujarat Auto 411.9 392.4 5.00 31, 2010.The Company posted a 79% rise in net sales at Rs. 1.09bn as compared to Rs.
612.9mn in the corresponding quarter last fiscal.Net profit during the quarter under
Paraan 1,791.6 1,706.3 5.00 0
review grew by 122% to Rs. 86.8mn as compared to Rs. 39.1mn in the corresponding
Sampada Chemical 275.6 262.5 5.00 quarter last fiscal.
Infotech Enterprises Ltd has posted results for the third quarter ended 31st December
2010.The net profit stood at Rs. 368.4mn, a decrease of 2.8% as compared to Rs379.1mn
in Q3 FY10. The operating revenue stood at Rs. 3138.2mn, an increase of 31% as
compared to Rs2390.7mn for Q3FY10.
BSE Lower Circuit Breakers
Company Name 19-Jan 18-Jan % Change Hindustan Zinc Ltd has posted a net profit of Rs. 12895.80 mn for the quarter ended
December 31, 2010 as compared to Rs. 11486.50 mn for the quarter ended December
Agre Developers 48.0 50.6 (5.00)
31, 2009. Total Income has increased from Rs. 23798.20 mn for the quarter ended
KEN Financials 107.8 113.5 (5.00) December 31, 2009 to Rs. 28372.60 mn for the quarter ended December 31, 2010.
Kalyani Investment 832.5 876.3 (5.00)
Centrum Capital 1250.5 1316.3 (5.00) SBI Life Insurance, the leading new generation life insurer, has posted impressive
Vipul 17.2 18.1 (5.00) results during the first nine months of the FY 10 - 11. Growing by 52%, the company has
set a new milestone, by crossing the landmark figure of Rs. 3bn in net profit during the
period.
Essar Energy Plc said that it has raised $500 million through a convertible bonds issue
to fund acquisitions, projects and refinance debt.
Real estate developer AIPL Ambuja Housing and Urban Infrastructure said that it
would invest Rs 2,000 crore for setting up housing and mall projects at various places in
Punjab.
COMMODITY 19-Jan 18-Jan % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 90.8 91.5 (0.78)
Gold (Rs/10gm) 20,375.0 20,352.0 0.11
Silver (Rs/kg) 44,596.0 44,345.0 0.57 Light Sweet Crude Oil on Wednesday was down by 0.78% at $90.8 per barrel. Gold closed
up by 0.11% at Rs 20,375 and Silver closed up by 0.57% at Rs. 44,596.
CURRENCY 19-Jan 18-Jan % Change The Indian Rupee closed lower against the dollar at 45.45 as the Indian equity
INR / USD 45.45 45.42 0.07 benchmarks ended on negative note.
USD / Euro 1.34 1.34 -
Yen / USD 82.08 82.71 (0.76)

3. January 20, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
NAGARCONST 115.5 116.4 0.82
Cash-strapped railways has sought an over two-fold increase in gross budgetary
RUCHISOYA 114.0 114.8 0.66
support from the Finance Ministry in the coming Rail Budget to tide over its financial
STERLINBIO 100.2 100.8 0.60 crisis and expedite various ongoing projects. It has asked for Rs 39,600 crore as
GVKPIL 34.7 34.9 0.58 gross budgetary support against Rs 15,875 crore it got in the last budget.
EKC 88.9 89.4 0.56
DIVISLAB 619.2 622.4 0.52 Leading private and state-run steel firms including Tatas, Essar and SAIL are among
CHENNPETRO 228.6 225.3 (1.44) the 14 Indian companies that have evinced interest in developing the Hajigak
PFC 285.4 282.7 (0.93) mines, containing an estimated 1.8 billion tonnes of iron ore, in Afghanistan.
MARUTI 1272.7 1,261.3 (0.90)
ACC 1013.9 1,005.1 (0.87) Reserve Bank of India-appointed Malegam Committee yesterday recommended
interest rate cap of 24 per cent to be charged by the Microfinance Institutions (MFIs)
PNB 1141.4 1,132.8 (0.75)
with upper limit of individual loans at Rs 25,000 to streamline the sector.
HCLTECH 508.1 505.0 (0.60)
INSTITUTIONAL ACTIVITY (Rs Cr) 5-Jan 4-Jan YTD
FII Cash Net (92) 779 131,633
FII Stock Futures (495) (487) 12,779
FII Index Futures (109) (82) (8,006)
Mutual Fund (177) (293) (28,566)
VALUATIONS P/E P/B DIV YLD
BSE 21.7 3.6 1.1
NSE 22.5 3.6 1.1
BSE500 Mcap/GDP Ratio 0.64
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
DLF 257.00 3.13 Manappuram Gen 142.5 8.49 Tata Coffee 671.75 15.33
Sterlite Inds 182.00 2.74 Arss Infra Proj 703.6 7.49 Sequent Scientific 83.05 13.85
Reliance Infra 721.35 2.71 Ruchi Soya 114.15 5.99 Zee Learn 26.7 11.95
Hindalco Inds 235.85 2.63 SRF 336.9 5.63 Odyssey Corp 159 10.57
Bajaj Auto 1,319.85 1.96 Opto Circuits 263.2 5.53 Reliance Broadcast Network 79.65 8.96
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Infosys 3,252.00 -1.99 Future Capital 155.85 -4.36 SE Investments 20.55 -8.46
L&T 1,651.95 -1.87 Sintex Inds 153.45 -4.18 Sterling Hol Res 80.4 -6.18
SBI 2,508.70 -1.86 ING Vysya Bank 328.3 -3.98 Sahara One 167 -5.01
HDFC Bank 2,077.60 -1.48 BAJFINANCE 628.5 -3.6 Centrum Cap 1250.5 -5
Hero Honda 1,762.65 -1.46 AIA Engineering 383 -3.4 Vipul 17.15 -4.99
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
Vivimed Labs Niraj Rajnikant Shah BUY 4.54% 304.0
Gravita India Crosseas Capital Services BUY 1.50% 266.1
Everonn H P Share Shoppe BUY 2.34% 693.5
XPRO India Chander Kanta SELL 2.30% 70.3
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0