1.
July 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 21-Jul 20-Jul % Change COMMENTARY
BSE Sensex 18,436 18,502 (0.36) INDIA
NSE Nifty 5,542 5,567 (0.46) The Indian markets ended in red for the second straight trading session on Thursday as investors turned
BSE Midcap 6,959 6,989 (0.43) cautious amid a few disappointing corporate results and weak cues from the international equity markets.
BSE Smallcap 8,394 8,432 (0.45) Indian markets opened lower but quickly recovered to hit day's high in the early trades. However, the main
Nifty Junior 11,140 11,253 (1.00) indices were unable to hold on to their gains despite the Finance Minister stating that the pessimism over
the economy was overdone. Heavy offloading was seen in consumer durables, realty, banking and pharma
CNX Midcap 8,048 8,108 (0.74)
stocks. The BSE mid-cap and the BSE small-cap indices saw some selling pressure as well. The annual rate of
inflation in the food space decreased for the second week of July while inflation in the fuel group remained
unchanged. Annual inflation in the Food Articles group declined to 7.58% in the week ended July 9, from
GLOBAL MARKETS 21-Jul 20-Jul % Change 8.31% in the previous week which was ignored by the markets. The BSE Sensex ended at 18,436, falling 66
Dow Jones Ind (USA) 12,724 12,572 1.21 points. The NSE Nifty closed at 5,541, dropping 25 points.
Nasdaq Composite(USA) 2,834 2,814 0.72 Market breadth was positive as 1,187 stocks advanced for 1,643 stocks which declined.
S&P 500 (USA) 1,344 1,326 1.35
FTSE 100 (UK) 5,900 5,854 0.79 GLOBAL MARKETS
DAX (Germany) 7,290 7,221 0.95 The euro surged the most in six months and stocks rallied as European officials detailed a plan to halt the
Nikkei 225 (Tokyo) 10,010 10,006 0.04 region’s debt crisis. Treasuries fell and the Dollar Index slid the most since December. European officials said
Greece will receive aid worth 160 billion euros ($230 billion) and empowered their bailout fund to buy the
Hang Seng (Hong Kong) 21,987 22,004 (0.07)
debt of stressed nations and offer emergency credit lines. Also, better-than- estimated quarterly results from
Shanghai Comp (China) 2,766 2,794 (1.01) Morgan Stanley (MS) and other companies also boosted U.S. stocks. DJIA closed at 12,724, up 1.2 percent
KOSPI (South Korea) 2,145 2,155 (0.46) and S&P closed at 1,344, up 1.3 percent.
STI (Singapore) 3,139 3,127 0.38
MSCI Emerging Market 438 435 0.69 Asian stocks are trading positive as a new aid plan for Greece eased concern Europe’s debt crisis will spread,
MSCI Frontier Market 533 532 0.19 reducing uncertainty over earnings at financial companies. Nikkei is up 0.85 percent, Hang Seng is up 1.24
percent, Strait Times is up 0.94 percent and Shanghai is up 0.39 percent.
BOND MARKETS 21-Jul 20-Jul Change
10yr G-Sec Yield 8.26 8.27 (0.01) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.23 8.23 0.00 The country's largest two-wheeler maker Hero Honda reported a 13.46% jump in net profit for the
LIBOR (6m) 0.36 0.36 0.00 quarter ended June 30 to Rs 557.89 crore. The company had posted a net profit of Rs 491.69 crore for
LIBOR (1m) 0.16 0.16 0.00 the April-June quarter last year. The company sold 15,29,577 vehicles in April-June, 2011, up 23.95%
Interbank Call rate 7.45 7.50 (0.05) from 12,34,039 units in the corresponding period a year ago.
YES Bank has posted a net profit of Rs 216.08 crore for the quarter ended June 30, 2011, up 38.15% as
compared to Rs 156.37 crore for the same quarter last year. Total income has increased to Rs 1,564.83
BSE Turnover Rs Cr('000) Sensex crore for the quarter from Rs 883.03 crore for the same quarter in the previous fiscal year. Net Interest
18700 3.5 Income was reported at 354 crore.
18650 3.0
18600 Financial services firm Reliance Capital is in talks with state-run and private-sector lenders to sell a 23%
2.5 stake in its life insurance business to boost distribution network.
18550
2.0
18500
1.5 State-run mining giant Coal India (CIL) said that it plans to invest about Rs 30,000 crore to augment its
18450 capacity over the next five years and the funds will be spent on new mining projects, washeries,
18400 1.0
machinery and equipment.
18350 0.5
18300 0.0 Food inflation fell to a three-week low of 7.58% for the week ended July 9 on the back of cheaper
15-Jul 18-Jul 19-Jul 20-Jul 21-Jul pulse prices and a high base last year. Food inflation, as measured by the Wholesale Price Index (WPI)
stood at 8.31% in the previous week. It was as high as 19.52% in the corresponding week of July, 2010,
suggesting a high base.
NSE Turnover Rs Cr('000) Nifty Jagran Prakashan Ltd. said on Thursday that Blackstone GPV Capital Partners (Mauritius) V-Q Ltd. has
5620 12 invested Rs. 2.25bn in Jagran Media Network Investment Pvt. Ltd. (JMNIPL).
5600 10
Orissa government signed a MoU with central public sector National Hydro-Power Corporation
5580 88.38 #DIV/0! 8 (NHPC) for setting up three hydel units down Hirakud reservoir at an investment of Rs. 3,000 crore.
5560 6
Tecpro Systems Ltd. said on Thursday that it has received an order worth Rs. 1.27bn from Tata Projects
5540 4 Ltd. The order is for the completion of stock house for the 3.0 MTPA integrated steel plant at Nagarnar,
5520 2 Chhattisgarh.
5500 0
Country's second-largest drug maker Dr Reddy's Laboratories is looking for partners to develop its
15-Jul 18-Jul 19-Jul 20-Jul 21-Jul New Chemical Entity (NCE), an anti-cholesterol molecule.

2.
July 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 21-Jul 20-Jul % Change CORPORATE NEWS
IT 5,842 5,834 0.14% Godrej Properties, the real estate arm of Godrej Group, has entered into a
TECk 3,565 3,562 0.09% memorandum of understanding (MOU) with State Bank of India (SBI) to create
FMCG 4,082 4,083 -0.01% multiple platforms to make their projects and services available to customers across
CG 13,479 13,491 -0.09% India and abroad.
PSU 8,489 8,516 -0.32%
AUTO 8,707 8,735 -0.33% Diversified firm Mahindra & Mahindra have launched an open offer as per a revised
plan to acquire 20% additional stake in EPC Industries from public shareholders as per
POWER 2,546 2,556 -0.39%
a revised schedule.
METAL 14,600 14,678 -0.53%
OIL&GAS 9,058 9,130 -0.78% Buoyed by an about 33% jump in profits during 2010-11, fertiliser firm Paradeep
HC 6,341 6,393 -0.80% Phosphates (PPL) has launched new projects worth Rs 600 crore to substantially raise
BANKEX 12,638 12,763 -0.98% capacities and efficiencies at its different plants.
REALTY 2,198 2,230 -1.43%
CD 6,811 6,964 -2.20% Zensar Technologies, the IT services and solutions firm from RPG Groups, reported net
profit of Rs 27 crore, down 16.8% from Rs 32.48 crore in the corresponding quarter last
year. The firm's revenue for the quarter was up 61.75% at Rs 403.9 crore from Rs 249.7
crore in the same quarter last year.
Zee Entertainment Enterprises Ltd on Thursday reported a 13% drop in its
consolidated net profit of Rs 130 crore compared with Rs 150 crore a year ago. Revenue
BSE Upper Circuit Breakers inched up 3% to Rs 698 crore, helped by a healthy 16.7% rise in income from
Company Name 21-Jul 20-Jul % Change subscriptions.
SITA SHREE FOOD PRODUCTS 7.4 6.2 20.00
SAMPRE NUTRITIONS 12.1 10.1 20.00 State-run National Aluminium Co Ltd (Nalco) is in talks to invest in an aluminium
AGRO DUTCH INDUSTRIES 11.2 10.2 10.00 smelter in Indonesia's Kalimantan province.
KALYANI FORGE 176.5 168.1 5.00 0
BLUE CIRCLE SERVICES 168.0 160.0 5.00 Indiabulls Financial Services posted a net profit of Rs 219.5 crore in the first quarter
ended June, 2011, up by 67.55% from Rs 131 crore in the corresponding quarter in the
previous fiscal year. Income from operations increased by 74.65% to Rs 758 crore for the
quarter as compared to Rs 434 crore in the same quarter last year.
Biotech firm Biocon said its consolidated net profit declined by 8.71% to Rs 70.05 crore
for the first quarter ended June 30, 2011. The company had posted a net profit of Rs
BSE Lower Circuit Breakers 76.74 crore for the same period of the previous fiscal.
Company Name 21-Jul 20-Jul % Change
CLARUS FINANCE & SECURITIES 160.4 200.5 (20.00) Coromandel International Ltd posted a net profit from Ordinary activities after tax of
AVT NATURAL PRODUCTS 379.9 399.8 (5.00) Rs. 1593.50 mn for the quarter ended June 30, 2011 as compared to Rs. 1214.50 million
SHAILY ENGINEERING PLASTICS 200.0 210.5 (5.00) for the quarter ended June 30, 2010.
RICH CAPITAL & FINANCIAL SERVICES 66.6 70.1 (5.00)
India's lucrative polypropylene market dominated by Reliance Industries is occupying
SHAH FOODS 66.0 69.4 (5.00)
centre stage in diplomatic relations between India and Saudi Arabia as the oil-rich
kingdom is mounting intense pressure on New Delhi to withdraw anti-dumping duty on
the plastics raw material.
JSW Energy reported a decline in its net profit at Rs.190.26 crore for the quarter ended
June 30 as against Rs.327.20 crore during the like period of the previous financial year.
Entertainment Network India Ltd Q1 PAT jumped by 125% while Rallis (a Tata group
entity) reported a PAT increase by 59% at Rs 231.2mn.
COMMODITY 21-Jul 20-Jul % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 118 118 0.21
(0.23) Brent Crude Oil ended up at $,118.4 per barrel. Gold closed flat at Rs 23,025 and silver
Gold (Rs/10gm) 23,025 23,079
closed flat at Rs 58,842.
Silver (Rs/kg) 58,842 59,030 (0.32)
CURRENCY 21-Jul 20-Jul % Change The Indian Rupee closed lower against the dollar at Rs 44.51 as the Indian equity
INR / USD 44.51 44.44 0.16 benchmarks ended on a negative note.
USD / Euro 1.41 1.42 (0.70)
Yen / USD 78.81 78.90 (0.11)

3.
July 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
ABGSHIP 373.2 377.2 1.07 Internet search firm Google is in preliminary talks with InterDigital about a possible
BEML 568.7 572.8 0.72 acquisition of the wireless technology developer and licencer, says a report.
COREPROTEC 302.0 303.8 0.61
TTKPRESTIG 3115.9 3,135.0 0.61 The government gave its approval to two highway projects worth over Rs 2,330 crore
ESCORTS 104.8 105.4 0.57 covering Chhattisgarh, Orissa and Kerala, with a view to expediting the infrastructure
BHARATFORG 329.1 330.9 0.56 work in these states. This includes the project for development of four laning of 150
PIRHEALTH 397.1 387.0 (2.53) km long Chhattisgarh-Orissa Border – Aurang section on National Highway-6 in
Chhattisgarh under NHDP.
GESHIP 276.3 270.0 (2.28)
TATACHEM 379.3 370.8 (2.24)
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has
ZEEL 132.0 129.0 (2.24) reportedly stated that the gems and jewellery market is expected to grow up to Rs.
CENTURYTEX 360.9 353.9 (1.94) 2.13 lakh crore by 2015 following increasing domestic demand.
PETRONET 168.7 165.9 (1.66)
Bharti Airtel have signed a five-year service management agreement with Ericsson for
INSTITUTIONAL ACTIVITY (Rs Cr) 13-Jul 12-Jul YTD its Africa operations for an undisclosed amount.
FII Cash Net 150 (917) 13,507
FII Stock Futures 18 (377) (6,912) As the government faces heat over corruption and black money, it is planning to
FII Index Futures 357 (645) 13,766 bring a law to prevent the misuse of benami transactions, a key source of illicit funds.
Mutual Fund (44) (44) 2,976 The Cabinet on Thursday approved a Bill to replace the Benami Transactions
(Prohibition) Act, 1988.
VALUATIONS P/E P/B DIV YLD
BSE 19.6 3.4 1.4
NSE 19.9 3.5 1.1
BSE500 Mcap/GDP Ratio 0.57
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1788.85 1.57 Mindtree 397.6 10.69 India Glycols 162.6 12.45
Tata Motors 975.55 0.71 CRISIL 7889.55 9.42 TTK Healthcare 641.7 8.72
Hindustan Unilever 333.1 0.6 SKS Microfinance 548.45 9.19 Amtek India 116.1 8.30
Wipro 400.9 0.58 Petronet LNG 167.05 9.08 Kirloskar Pneu 500.15 7.04
Infosys 2767.3 0.57 Hexaware Tech 79.4 5.94 Dishman Pharma 94.55 6.30
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Reliance Comm 90.45 -4.24 Apollo Tyres 74.5 -5.1 Clarus Finance 160.4 -19.98
RIL 860.75 -1.66 NCC 79.5 -5.02 Hinduja Glob 385.65 -7.52
Jaiprakash Asso 74.65 -1.39 Shree Global Trd 282.45 -4.99 Shree Ganesh Jewel 217.75 -6.90
HDFC Bank 496.3 -1.3 Orchid Chem 229.15 -4.52 KARMA ISP 239.9 -6.89
NTPC 182.95 -1.16 Dish TV India 85.4 -4.1 Hinduja Found 79.95 -6.00
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
Aarey Drugs Thakorlal Atma Ram Modi BUY 1.23% 21.5
ACROPET TEC Oudh Finance & Investment BUY 0.80% 17.0
Zenu Infotech Anuradha Pankaj Dhoot SELL 2.25% 38.0
Tata Coffee A K G Securities And Consultancy Ltd BUY 0.66% 882.2
RCL FOODS Span Stock Broking SELL 0.65% 54.1