February 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 21-Feb 18-Feb % Change COMMENTARY
BSE Sensex 18,438 18,212 1.25 INDIA
NSE Nifty 5,519 5,467 0.94
BSE Midcap 6,660 6,662 (0.03) The Indian markets suddenly sprung back to life in the last half and hour after languishing in the red zone
BSE Smallcap 8,121 8,129 (0.09) for most part of the day. This shows the underlying volatility in the market. This sudden bounce back in the
Nifty Junior 10,880 10,818 0.58 late trade might have taken many by surprise.The IT, Oil & Gas and the Metal stocks led from the front.
CNX Midcap 7,746 7,707 0.50 Buying in the index heavyweights like Wipro, TCS, ONGC and Reliance Industries lifted the NSE Nifty above
the 5500 levels.Even the broader indices which were down over 1% each also recovered from their intra-
day lows and closed nearly unchanged. The BSE Sensex surged 227 points to end at 18,438 and the NSE
Nifty rose 60 points to close at 5,519.
GLOBAL MARKETS 21-Feb 18-Feb % Change
Dow Jones Ind (USA)* 12,391 12,391 0.00 The market breadth was negative, with 1,395 advances, versus 1,465 declines.
Nasdaq Composite(USA)* 2,834 2,834 0.00
S&P 500 (USA)* 1,343 1,343 0.00
FTSE 100 (UK) 6,015 6,083 (1.12) GLOBAL MARKETS.
DAX (Germany) 7,322 7,427 (1.41)
Nikkei 225 (Tokyo) 10,858 10,843 0.14 U.S. stocks advanced, giving the Standard & Poor’s 500 Index its third straight weekly rally on Friday, as
Hang Seng (Hong Kong) 23,485 23,596 (0.47) higher-thanestimated corporate earnings overshadowed the Chinese central bank’s attempts to control
inflation. More than USD 8 billion flowed into US equity funds for the week ended February 16, according
Shanghai Comp (China) 2,933 2,900 1.14
to reports.The S&P 500 rose 0.19 percent to 1,343. The Dow Jones Industrial Average increased 0.59
KOSPI (South Korea) 2,005 2,013 (0.39) percent, to 12,391 and the Nasdaq ended in red down by 0.62 percent ending the week at 2834.
STI (Singapore) 3,071 3,087 (0.53) * US Markets were closed on Monday on account of The President's Day.
MSCI Emerging Market 433 430 0.70
MSCI Frontier Market 597 601 (0.67) The Asian markets have opened up on a negative note Nikkei is down by almost 2 percent.Hang Seng is
down by 1.30 percent
BOND MARKETS 21-Feb 18-Feb Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.11 8.20 (0.09) Reliance Industries Limited and BP (British Petroleum) yesterday announced a historic partnership
.
1yr G-Sec Yield 7.67 7.67 0.00 between the two companies. Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries
LIBOR (6m) 0.46 0.46 0.00 Limited, and Mr. Robert Dudley, BP Group Chief Executive, signed the relationship framework and
LIBOR (1m) 0.25 0.25 0.00 transactional agreements in London.The partnership across the full value chain comprises BP taking a 30
Interbank Call rate 6.8 6.8 (0.03) per cent stake in 23 oil and gas production sharing contracts that Reliance operates in India, including the
producing KG D6 block, and the formation of a 50:50 joint venture between the two companies for the
sourcing and marketing of gas in India.
BSE Turnover Rs Cr('000) Sensex Central Bureau of Investigation (CBI) reportedly questioned Videocon Chairman Venugopal Dhoot and
18600 4.0 Rajkumar Dhoot in connection to the 2G scam at the CBI headquarters in Delhi. The CBI is probing the
3.5 funding and transactions of Datacom Services, among the firms awarded a 2G license in January 2008.
18500
3.0
18400 2.5 Wipro, the global IT services major and a leading provider of IT and business transformation services has
18300 2.0 announced that the commencement of its eleventh year of operations in the Middle East.
18200 1.5
The Ministry of Environment and Forests has cleared seven to eight more projects of Coal India (CIL) that
1.0 have been stranded for about a year.
18100 0.5
18000 0.0 Iron ore miner NMDC said that it is in talks with Tata Steel to sign an equal joint venture for setting up a 2-
15-Feb 16-Feb 17-Feb 18-Feb 21-Feb million tonne per annum steel plant at Bastar in Chhattisgarh.
Kolkata-based Ruia Group said that it has acquired the 134-year old German-based Acument GmbH &
Co, that deals in mechanical fastening systems, for an undisclosed amount.
NSE Turnover Rs Cr('000) Nifty
5560 16 Gem and jewelry exports from India, reportedly climbed 39 % in the April-to-January period. According to
5540 14 reports, shipments advanced to US$30.6bn from US$22bn a year earlier. Exports in January gained 23% to
5520 12 US$2.9bn.
88.38 10
#DIV/0!
5500
8 Mahindra Satyam BPO, the BPO arm of Mahindra Satyam, a global consulting and IT services provider
5480
6 had announced the renewal of its contract with NAVTEQ, a global provider of digital map data, for a further
5460 4 period of two years. The contract renewal marks an extension of the BPO's five-year relationship with
5440 2 NAVTEQ.
5420 0
15-Feb 16-Feb 17-Feb 18-Feb 21-Feb The income tax department is probing a case against 15 foreign institutional investors (FIIs) for alleged
undisclosed investment. The 15 FIIs include ABN Amro Fund, AIG Global Investment Corp, Asia Pacific
Fund, American Century World MF, Union Investment Luxembourg, Threadneedle Investment Fund
`
and Asia Pacific Region Trust.

February 22 , 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 21-Feb 18-Feb % Change CORPORATE NEWS
It 6,400 6,228 2.76 The Godrej group, a major player in the FMCG segment,said that it could hike soap
Teck 3,725 3,648 2.11 prices in order to offset rising input costs, particularly those of vegetable oils.
Cd 5,832 5,719 1.97
Anant Raj Industries Ltd has clarified that neither the Company nor any of its
Oil&Gas 9,499 9,330 1.81
Holding, Subsidiary or Group Company or its Promoters and Directors has direct or
Metal 16,101 15,892 1.31 indirect connection or interest in any Telecom Company or Telecom Business.
Bankex 12,543 12,420 0.99
Fmcg 3,327 3,295 0.95 Punj Lloyd Infrastructure (PLIL), a Punj Lloyd Group subsidiary, received an order
Realty 2,065 2,052 0.61 worth Rs 735 crore from the National Highways Authority of India (NHAI) yesterday.
Psu 8,574 8,522 0.60
Cg 13,207 13,133 0.57 Marks & Spencer Reliance India Pvt Ltd, a joint venture between UK's leading retailer
Hc 5,982 5,951 0.51 Marks & Spencer and India's Reliance Retail, announced two senior appointments.While
James Munson will head the company's retail and marketing division, Maneesh Gaur will
Power 2,620 2,612 0.30
head property and projects to drive the store opening programme for the firm.
Auto 8,615 8,718 (1.18)
Steel Authority of India (SAIL) said it plans to put up four 3-mtpa manufacturing
facilities -- one each in Indonesia, Mongolia, South Africa and Oman -- at a cumulative
investment of $12 billion.
SKIL Infrastructure plans to raise Rs 1,000 crore via an intial public offer of
BSE Upper Circuit Breakers shares, Chairman Nikhil Gandhi told on Monday.
Company Name 21-Feb 18-Feb % Change
Max India said that its shareholders have approved an investment of up to Rs 750 crore
Visesh Info 7.9 7.2 10.00
in Max Healthcare Institute, one of the diversified group's arms.
Alpha Graphics 9.8 8.9 10.00
Shree Ajit Paper 74.4 67.7 10.00 Tata Steel, the world's seventh-largest steelmaker by output, expects to start
Sampada Chemicals 375.2 357.3 5.00 0
production from a new Orissa plant by end-March 2013.
Tak Machinery 205.9 196.1 5.00
92.7 Big FM, the radio arm of Reliance Broadcast Network (RBNL) has entered into a
strategic marketing and sales alliance with the leading 92.7 High FM of Bhutan. Big FM
which is currently available in 45 cities in India will reach out to new territories of Siliguri
and Bhutan through this alliance.
Tata Motors' Jaguar and Land Rover unit is in talks with top Chinese sport utility
BSE Lower Circuit Breakers vehicle maker Great Wall Motor Co about a potential China tie-up.
Company Name 21-Feb 18-Feb % Change
Sri Nachamni Cotton 32.9 36.6 (10.00) McDonald's is selling its 50% stake in one of its Indian joint ventures to the local partner
Amrit Banaspati 240.7 253.4 (5.00) for an undisclosed amount and converting it into a franchisee operation.
Tayo Rools 95.5 100.5 (5.00)
ASM Tech 61.0 64.2 (5.00) Steel Authority of India (SAIL) will invest $12 billion to set up steel plants in
Trade Winds 84.9 89.4 (5.00) Indonesia, Oman, Mongolia and South Africa.
Mahindra Satyam has announced that its business process outsourcing arm, Mahindra
Satyam BPO has renewed its existing contract with NAVTEQ-the leading global provider
of digital map data-for a further period of two years.Mahindra Satyam BPO's relationship
with the customer is over five years old, and it currently provides a wide portfolio of
services to the customer.
COMMODITY 21-Feb 18-Feb % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 90.4 87.3 3.54
Gold (Rs/10gm) 20,720.0 20,546.0 0.85
Silver (Rs/kg) 50,033.0 #DIV/0! Light Sweet Crude Oil on Monday gained 3.54% closing at $90.4 per barrel. Gold closed
flat at Rs 20,720 and Silver closed up at record high at Rs. 50,033 up by 5.06%..
CURRENCY 21-Feb 18-Feb % Change The Indian Rupee closed higher against the dollar at 44.98 as the Indian equity
INR / USD 44.98 45.13 (0.33) benchmarks ended on positive note.
USD / Euro 1.36 1.36 -
Yen / USD 83.13 83.26 (0.16)

February 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
KFA 41.3 42.1 2.06 The Prime Minister's Economic Advisory Council on Monday projected the economic
SKUMARSYNF 63.4 63.8 0.63 growth in the country at 8.6% for the current fiscal on the back of rebound in farm
SREINFRA 43.0 43.3 0.58 output and inflation to come down to 7% by March-end due to declining food prices.
CROMPGREAV 265.7 267.2 0.56
CUMMINSIND 671.6 675.1 0.52 Indian exports in the fiscal year to end-March are seen at $230.3 billion, and would
OIL 1275.0 1,281.5 0.51 rise to $271.9 billion in the next year, C Rangarajan, the chairman of the Prime
HEXAWARE 114.1 112.3 (1.58) Minister's Economic Advisory Council, said on Monday.He also said he saw foreign
direct investment at $27.6 billion in FY11, rising to $40 billion in FY12.
NATIONALUM 405.7 402.6 (0.76)
APIL 566.8 563.8 (0.52) More than half the sugar produced so far this year in Maharashtra — about 3.4
BAJAJHLDNG 752.5 749.4 (0.41) million tonnes valued at Rs 8,398 crore — remains unsold. It is lying in the godowns
BANKINDIA 445.4 444.0 (0.33) of the state’s sugar mills.
SOBHA 257.2 256.4 (0.31)
Mumbai-based Centrum Group is in advanced talks with Citibank to buy a part of its
INSTITUTIONAL ACTIVITY (Rs Cr) 15-Feb 14-Feb YTD Indian consumer finance arm’s portfolio for Rs 550-700 crore.
FII Cash Net - 428 (5,588)
FII Stock Futures 352 345 5,390 The 10th edition of the ICC Cricket World Cup kicked off with a bang, with the
FII Index Futures (1,077) 865 (3,975) opening match between India and Bangladesh drawing nearly 39 million viewers
across the country yesterday. But, the figures are about 80 per cent less in some
Mutual Fund (236) 191 1,021
cases, when compared with the opening match of Indian Premier League-3.
VALUATIONS P/E P/B DIV YLD
BSE 20.0 3.5 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 %
TCS 1,136.65 4.24 Gujarat Pipavav 60 7.14 Page Inds 1624.8 7.25
Wipro 450.25 4.12 A2Z Maint & Engg 270.1 5.55 Zenith Info 167.95 6.3
Sterlite Inds 165.60 3.31 Petronet LNG 118.6 5.24 Transformers Rect 276 6.26
ONGC 276.25 2.98 National Fert 114.1 5.21 Insecticides India 279.8 5.96
Jaiprakash Asso 87.75 2.93 MVL 29.5 4.98 Ashoka Buildcon 277 5.85
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Tata Motors 1161.95 -3.33 Nava Bharat Vent 237 -7.42 Aksh Optifibre 7.05 -9.27
Hero Honda 1439.35 -1.66 EIH 87.25 -5.66 Vipul 14.7 -6.96
Maruti Suzuki 1212.65 -1.31 Onmobile Global 206.3 -5.24 Kirloskar Oil 333 -6.46
NTPC 176.65 -1.04 Kingfisher Air 41.25 -4.95 Venkys India 502.95 -6.45
Tata Power 1251.7 -1 Coromandel Intl 275 -4.94 Camlin 44.95 -6
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