1. Aug 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET * 19-Aug 18-Aug % Change COMMENTARY
BSE Sensex 16,142 16,469 (1.99) INDIA
NSE Nifty 4,846 4,944 (1.99) The Indian markets ended the week on a sour note, with the NSE Nifty losing almost 100 points and the BSE
BSE Midcap 6,127 6,211 (1.35) Sensex sinking by over 300 points. After opening gap down, the benchmark indices showed some signs of
BSE Smallcap 7,005 7,148 (2.01) recovery but, the Nifty was unable to reclaim 4900 amid another round of sell-off in the European markets.
Nifty Junior 9,864 9,940 (0.76) Main European equity indices fell by 2.5-4% following Thursday's massive losses. Asian stock markets also
finished sharply lower and the US stock futures too pointed to another bad opening on Wall street. Finally,
CNX Midcap 7,131 7,206 (1.04)
the BSE Sensex ended at 16,142, losing 328 points. It had earlier touched a day's high of 16,287 and a day's
low of 15,987 after opening at 16,237. The NSE Nifty closed at 4,846, down 99 points. Friday’s slump was led
by IT and Capital Goods indices, both of which fell by over 4%. The Bank Nifty lost 2% while Consumer
GLOBAL MARKETS 19-Aug 18-Aug % Change Durables, FMCG, Power and Pharma indices dropped 1-2%. From the broader markets, the midcap and the
Dow Jones Ind (USA) 10,817 10,991 (1.58) smallcap indices fell over 1% each.
Nasdaq Composite(USA) 2,342 2,380 (1.62) Market breadth was extremely negative, 2,083 stocks have declined, for 773 stocks which advanced.
S&P 500 (USA) 1,124 1,141 (1.50)
FTSE 100 (UK) 5,041 5,092 (1.01) GLOBAL MARKETS
DAX (Germany) 5,480 5,603 (2.20) U.S. stocks tumbled on Friday, sending the Standard & Poor’s 500 Index to its biggest four-week loss since
Nikkei 225 (Tokyo) 8,719 8,943 (2.50) March 2009, on concern that the global economy is stalling. It has sunk 16 percent since July 22 as about
USD3 trillion was erased from the value of U.S. equities. The Dow Jones Industrial Average fell 174 points, or
Hang Seng (Hong Kong) 19,400 20,016 (3.08)
1.58 percent, to 10,817 on Friday, extending its four-week decline to 1,863 points. The S&P 500 has fallen 18
Shanghai Comp (China) 2,535 2,559 (0.96) percent from an almost three-year high on April 29 amid concern about Europe’s government debt crisis and
KOSPI (South Korea) 1,745 1,860 (6.19) a global economic slowdown.
STI (Singapore) 2,733 2,824 (3.21)
MSCI Emerging Market 384 389 (1.29) Asian stocks are trading positive on speculation that the U.S. Federal Reserve will announce further measures
MSCI Frontier Market 494 496 (0.48) to stimulate the economy amid concern that German chancellor Angela Merkel’s resistance to common
euro-area bonds will prolong the region’s debt crisis. Nikkei is trading marginally in green, up 5 points while
Hang Seng is up by 124 points.
BOND MARKETS 19-Aug 18-Aug Change
10yr G-Sec Yield 8.25 8.25 0.00 CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.16 8.17 (0.01) Anil Ambani-led Reliance Infrastructure Ltd has challenged an order passed by the State Information
LIBOR (6m) 0.39 0.44 (0.05) Commission bringing the company under the ambit of the Right to Information Act in the Bombay High
LIBOR (1m) 0.16 0.16 0.00 Court, arguing that it is a private company and not a public authority.
Interbank Call rate 7.97 8.03 (0.06)
Reliance Industries (RIL) is likely to close its $7.2 billion deal to sell stake sale in 21 oil and gas blocks to
UK's BP Plc in the next 7-10 days.With the government formally communicating its approval for sale of
30% stake in the 21 blocks, the closing documents are likely to be signed before month-end.
BSE Turnover Rs Cr('000) Sensex
17000 3.0 As its strengthens the R&D activities, the country's largest carmaker Maruti Suzuki India is aiming higher
16800 with plans to roll out a global car by 2017.The company will develop the car, with some assistance from
2.5 parent Suzuki Motor Corp (SMC), targeting the European and Japanese markets.
16600 2.0
16400 State-run NTPC has said that lack of "politico-administrative" support to tackle commercial losses and
1.5
16200 poor health of government utilities are among the main reasons for low foreign direct investment (FDI)
16000 1.0 inflows into the Indian power sector.
15800 0.5
Non-banking finance company Religare Finvest plans to raise up to Rs 800 crore from retail investors
15600 0.0 through issue of bonds early next month.
12-Aug 16-Aug 17-Aug 18-Aug 19-Aug
State-owned aluminium producer Nalco plans to invest Rs 57,903 crore by 2020 on expansion, including
the setting up of two large aluminium smelters in India and abroad.The Navratna firm would invest Rs
16,500 crore in Indonesia for setting up a 5 million tonne (MT) smelter, with 1,250 MW power
NSE Turnover Rs Cr('000) Nifty plant.Besides, Nalco has plans to construct a new alumina refinery of 1.4 MT in Andhra Pradesh and 1,000-
5100 14 MW power project as independent power producer.Both the projects would require an investment of Rs
5050 12 10,600 crore.
5000 10
4950 88.38 #DIV/0! Navaratna PSU National Aluminum Company (Nalco) has posted 32 per cent growth in net profit in the
8
4900 first quarter of the current financial year ended June 30 at Rs 377 crore, as against Rs 284 crore recorded in
6 the corresponding period of last fiscal.The rise in net profit was on the back of higher alumina exports.The
4850
4800 4 alumina exports jumped to 183,000 tonne in the first quarter, almost double compared to the same
2 period of 2010-11
4750
4700 0
12-Aug 16-Aug 17-Aug 18-Aug 19-Aug

2. Aug 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 19-Aug 18-Aug % Change CORPORATE NEWS
REALTY 1,675 1,662 0.77% Sterlite Technologies Ltd, a leading global provider of connectivity solutions for the
METAL 11,767 11,813 -0.39% power and telecom industries, announced that Bharat Sanchar Nigam Ltd (BSNL) has
AUTO 8,188 8,246 -0.70% chosen it to enhance its network for promotion of higher education in India.
OIL&GAS 8,155 8,219 -0.78%
PSU 7,717 7,783 -0.85% Car market leader Maruti Suzuki India said that it will source diesel engines from Fiat to
meets its domestic requirement as it has decided not to make further big investments in
HC 5,835 5,911 -1.29%
powertrains in the absence of a fuel pricing policy.
POWER 2,191 2,225 -1.52%
FMCG 3,899 3,960 -1.55% Tata Consultancy Services, a leading IT services firm announced the launch of iON—-
CD 6,123 6,227 -1.68% the first-of-its-kind fully integrated information technology solution for small and
BANKEX 10,763 10,972 -1.90% medium businesses (SMB) in national capital region.
TECk 3,024 3,140 -3.70%
CG 11,536 12,038 -4.17% Billionaire Anil Ambani's Reliance Communications has hired UBS to sell its 95% stake
IT 4,738 4,957 -4.41% in tower unit Reliance Infratel and has reached out to several strategic and private-
equity firms, including Blackstone and UAE's Etisalat, asking for about Rs 22,870 cr for
the stake, three sources with direct knowledge said.
Drug firm Elder Pharmaceuticals will launch 12 new products this fiscal in the areas of
gynaecology, pain management and nutraceuticals.The company is also planning to
spend up to Rs 55 crore in the next two years for increasing its manpower, mainly the
BSE Upper Circuit Breakers sales force, updating its research and development facilities and for brand building
Company Name 19-Aug 18-Aug % Change exercises.
RAJDHANI LEASING & INDUS 134.8 122.3 10.20
HESTER BIOSCIENCES 123.0 117.1 5.00 State-owned Corporation Bank has sought Rs 300 crore capital support from the
BOMBAY OXYGEN CORP 7,676.0 7,310.5 5.00 government to fund business growth.On the back of robust monitoring mechanism and
CHAKKILAM INFOTECH 16.4 15.6 5.00 system, the bank intends to become a zero net NPA bank by the end of the current
0
SS ORGANICS 7.8 7.4 5.00 fiscal.Current net Non-Performing Asset level of the bank stood at 0.47% at the end of
June 2011.
Muthoot Finance, the largest gold-loan non-banking finance company is planning to
raise another Rs 1,000 crore through listed retail non-convertible debentures (NCD), if its
first such exercise closes successfully.The NCDs will be listed on the NSE and the BSE and
will be used for debt repayments and increasing its market base in the north, east and
BSE Lower Circuit Breakers west zones.
Company Name 19-Aug 18-Aug % Change
Inventure Growth & Securities 165.5 206.8 (20.00) Competition watchdog CCI has cleared state-run Coal India Ltd of charges of anti-
KANCHAN INTERNATIONAL 42.7 53.4 (20.00) competitive practices while placing orders for supply of mining explosives.However,
(10.00) after investigations and subsequent hearing of both parties, the Competition
REAL STRIPS 83.9 93.2
Commission of India (CCI) decided that even when Coal India has decided to source part
GUJARAT RECLAIM & RUBBER 1007.9 1060.5 (5.00)
of explosives from IOC-IBP to ensure continued supplies without disruptions, overall
BINAYAK TEX PROCESSORS 338.8 356.5 (5.00) competition in the market prevails.
Bajaj Auto, India’s second-biggest two-wheeler maker, may set up an assembly plant in
Indonesia in a bid to increase presence in Southeast Asia and gain from the lower duty
structure in the world’s third-largest market.The plant, which would be the company’s
first major facility outside India, shall be ready by late 2013.However, it’s not clear
whether Bajaj Auto would upgrade its existing facility, where it assembles semi-knocked
down (SKD) parts, or set up a new one.
Sport utility vehicle major Mahindra & Mahindra on Friday surpassed Tata Motors’
market capitalisation to become India's most valued auto company.
COMMODITY 19-Aug 18-Aug % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 109 107 1.05
3.22 Brent Crude Oil ended 1.05 percent higher at $109 per barrel. Gold ended up by 3
Gold (Rs/10gm) 27,977 27,105
percent at Rs 27,977 and Silver closed up by 3 percent at Rs 66,252.
Silver (Rs/kg) 66,252 64,142 3.29
The Indian Rupee closed lower against the dollar at Rs 45.741as the Indian equity
CURRENCY 19-Aug 18-Aug % Change benchmarks ended on a negative note.
INR / USD 45.74 45.74 -
USD / Euro 1.43 1.43 -
Yen / USD 76.43 76.49 (0.08)

3. Aug 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
DHANBANK 74.6 76.0 1.88 Hewlett-Packard Co may spin off the world's largest PC business, part of a wrenching
SKUMARSYNF 41.6 42.2 1.56 series of moves away from the consumer market, including killing its new tablet and
GESHIP 221.1 223.5 1.09 buying British software company Autonomy Corp for as much as $11.7 billion.
PUNJLLOYD 54.4 55.0 1.01
IOB 110.0 111.1 0.95 Prime Minister David Cameron pledged to fight the “the wrong-headed ideas,
ONMOBILE 55.1 55.6 0.91 bureaucratic nonsense and destructive culture” that led to riots across England earlier
COREPROTEC 297.1 265.4 (10.65) this month.
ASHOKLEY 25.6 24.7 (3.71)
VIDEOIND 178.0 172.3 (3.20) Four Deutsche Bank AG (DBK) employees and its South Korean brokerage were
CHAMBLFERT 104.0 101.3 (2.55) indicted for causing a rout in stocks, the lender’s latest setback in the Asian nation
after a six-month trading ban over the incident.
BEML 418.0 407.6 (2.48)
TULIP 144.9 141.9 (2.04)
Signs that consumer prices are rising even as the U.S. economy slows may delay
additional moves by Federal Reserve Chairman Ben S. Bernanke to spur growth.
INSTITUTIONAL ACTIVITY (Rs Cr) 09-Aug 08-Aug YTD
FII Cash Net (1,960) (1,108) 8,140 Treasuries surged, pushing yields on five-, seven- and 10-year notes to historic lows, as
FII Stock Futures 719 532 (651) investors sought a refuge on concern U.S. growth is slowing and Europe’s sovereign-
FII Index Futures (169) 127 7,388 debt crisis is getting worse. Yields on 30-year bonds dropped this week the most since
Mutual Fund 525 326 4,890 2008 after the Federal Reserve said earlier in August it would keep borrowing costs
unchanged until at least mid-2013 and Standard & Poor’s lowered the top U.S. credit
VALUATIONS P/E P/B DIV YLD rating.
BSE 18.4 3.4 1.5
NSE 18.2 3.1 1.4
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 59.5 2.50 Graphite India 75.9 10.24 Entegra 22.5 15.13
DLF 186.9 2.47 IRB Infra 147.7 7.62 Emco 43.2 12.08
HEROMOTOCO 1993.7 2.19 Spicejet 22.1 7.02 MIC Electronics 12.8 10.62
Hindalco Inds 139.3 1.13 Ashok Leyland 25.4 6.28 DEN NETWORK 42.0 8.95
Tata Power 1052.8 1.03 3M India 4,825.4 5.94 GSS America 130.0 8.29
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Infosys 2225.4 -5.79 Voltas 116.8 -10.02 Falcon Tyres 50.5 -19.92
Tata Motors 713.4 -5.28 Rolta India 93.1 -8.95 Dunlop India 23.5 -19.83
L&T 1545.0 -4.95 CMC 918.5 -8.39 INFINITE 68.0 -15.33
BHEL 1683.3 -4.63 HATHWAY CAB 79.2 -7.15 Arss Infra Proj 311.3 -13.17
ICICI Bank 833.2 -3.65 REI Agro 23.3 -7 PVP Vent 5.5 -10.79
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
MindTree Limited Coffee Day Resorts Pvt Ltd BUY 5.68% 428.0
MindTree Limited Ashok Soota SELL 5.50% 428.0
Bharat Forge Ltd Barclays Capital Mauritius Limited SELL 0.55% 307.6
Balrampur Chini Mills Balrampur Chini Mills Ltd BUY 0.86% 62.9
Balrampur Chini Mills Barclays Capital Mauritius Limited SELL 0.87% 61.9
BSE
Bedmutha Inds INVENTURE GROWTH & SECURITIES LTD. BUY 1.23% 123.0
BGIL Films KAILASH CHANDRA BUY 0.80% 4.7
Gemstone Invest SUKRATI CONSULTANCY SERVICES SELL 2.25% 8.9
Monnet Ispat BLACKSTONE MANAGEMENT PARTNERS BUY 1.80% 478.1
Sanraa Media JMP SECURITIES PVT LTD BUY 2.30% 0.1