March 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 21-Mar 18-Mar % Change COMMENTARY
BSE Sensex 17,839 17,879 (0.22) INDIA
NSE Nifty 5,365 5,374 (0.16)
BSE Midcap 6,492 6,510 (0.27) It was a dull start to the week for the Indian equity markets on Monday. After two straight sessions of
BSE Smallcap 7,775 7,798 (0.29) selling, the Indian markets ended on a flat note amid choppy trades. FII selling in the past couple of
sessions, coupled with the threat of inflation and hardening interest rates could be among the pressure
Nifty Junior 10,578 10,588 (0.10)
points that are keeping investors in India on tenterhooks.Most global equity markets were in the rally mode
CNX Midcap 7,583 7,592 (0.12)
today after last weeks tumble. In comparison, the Indian markets underperformed today amid thin
volume.Realty, IT and the Telecom stocks were among the major losers. Even, the BSE Mid-Cap and the
Small-Cap index were under pressure. On the other hand, Pharma and the Banking stocks saw some buying.
GLOBAL MARKETS 21-Mar 18-Mar % Change The BSE Sensex ended at 17,839 losing 0.22%. It had earlier touched a day's high of 18,007 and a day's low
Dow Jones Ind (USA) 12,037 11,859 1.50 of 17,792. It opened at 17,984. While, the NSE Nifty lost0.16% to close at 5,365.
Nasdaq Composite(USA) 2,692 2,644 1.82
S&P 500 (USA) 1,298 1,279 1.52
FTSE 100 (UK) 5,786 5,696 1.58 GLOBAL MARKETS
DAX (Germany) 6,816 6,657 2.39
Nikkei 225 (Tokyo)* 9,207 9,207 0.00 U.S. stocks rallied, sending the Standard & Poor’s 500 Index higher for a third day, as concern eased that
Japan will suffer a nuclear meltdown and after AT&T Inc. (T) agreed to buy T-Mobile USA for $39 billion. The
Hang Seng (Hong Kong) 22,685 22,300 1.73
S&P 500 rose 1.5 percent to 1,298 and has rallied 3.3 percent in three days, the longest winning streak in
Shanghai Comp (China) 2,910 2,909 0.01 about a month. The Dow Jones Industrial Average added 1.5 percent, to 12,037..
KOSPI (South Korea) 2,003 1,981 1.13
STI (Singapore) 2,984 2,936 1.64 Asian markets have kicked off the day in green Nikkei is up by 3.5% and Hang Seng is up 0.25%.
MSCI Emerging Market 422 418 0.96
MSCI Frontier Market 558 555 0.54
* Nikkei markets were closed on 21/03/2011.
BOND MARKETS 21-Mar 18-Mar Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.07 8.09 (0.02)
Reliance Broadcast Network (RBNL)reported that it will spend over Rs 10 crore on promotion and
1yr G-Sec Yield 7.58 7.58 0.00
marketing to support the launch of its new English lifestyle channel -- Big CBS Love-- that could also
LIBOR (6m) 0.46 0.46 0.00 include advertising during the upcoming IPL
LIBOR (1m) 0.25 0.26 (0.01)
Interbank Call rate 7.5 7.5 0.02 State-run Hindustan Copper plans to invest Rs 3,677 crore to almost quadruple its existing copper ore
production capacity to 12.41 million tonne per annum (mtpa) by 2016-17.
Monnet Global (MGL), a wholly owned subsidiary of Monnet Ispat and Energy, has acquired a 100
BSE Turnover Rs Cr('000) Sensex million tonne Indonesian coal company, PT Sarwa Sembada Karya Bumi at $24 million, the company said
18400 4.0 in a release.
18300 3.5
18200 3.0 Voltas has decided to form a joint venture with German-based Linde Material Handling GmbH (LMH), a
18100 2.5 part of KION Group, for materials handling business.
18000
2.0
17900
17800 1.5 Lanco Infratech yesterday said it has started the trial run of the first 600 Mw unit of Anpara Power
17700 1.0 project in Uttar Pradesh.
17600 0.5
17500 0.0 Leading IT company Tata Consultancy Services (TCS) have announced plans to ramp up its customers
15-Mar 16-Mar 17-Mar 18-Mar 21-Mar base for its product meant for Small and Medium Business (SMB) to more than 1,000 by the end of
current year.
Viceroy Hotels (VHL) yesterday said it is looking to hive off its Rs 560 crore Chennai project into a
separate company to cut debt on its balance sheet.
NSE Turnover Rs Cr('000) Nifty
5550 14
Ovira Logistics has bought 51.1 million shares or about 7.7% in Pipavav Shipyard at Rs 80.83 a
5500 12
share, bulk deal data from the BSE showed on Monday.Infrastructure Leasing and Financial
5450 10 Services, IL&FS Financial Services and IL&FS Employee Welfare Trust sold the shares.
88.38 #DIV/0!
8
5400
6 Two private equity firms, BC India Investors II and Lathe Investment, will together pick up a 29% stake in
5350 4 Hero Investments (HIPL) -- a promoter firm of the country's largest two-wheeler maker, Hero Honda -- for
5300 Rs 3,650 crore.
2
5250 0 Ranbaxy shares slipped on Monday after reports emerged that US-based Mylan Laboratories has
15-Mar 16-Mar 17-Mar 18-Mar 21-Mar dragged the US Food and Drug Administration (USFDA) to court in a bid to block attempts by the Indian
company to launch a generic copy of Lipitor in the American market.
`

March 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 21-Mar 18-Mar % Change CORPORATE NEWS
Hc 5,795 5,787 0.15 Japan's Honda Motor Corp's fully owned Indian bike unit expects to sell 2.1 million
Bankex 12,190 12,184 0.04 units in the fiscal year that starts in April and will spend Rs 2,000 crore ($444.3 million)
Fmcg 3,396 3,396 0.01 to boost production and expand capacity.
Metal 15,275 15,275 (0.00)
Oil&Gas 9,676 9,688 (0.13) London-listed Essar Energy said that it expects to sign by month-end a deal to
Psu 8,473 8,488 (0.17) acquire Royal Dutch Shell's Stanlow refinery in northwest England for $350 million.
Auto 8,462 8,485 (0.27)
Standard Chartered Bank (Mauritius) has picked up a 3% stake in the United Stock
Power 2,538 2,546 (0.30)
Exchange (USE), thereby becoming the first foreign bank to invest in the Exchange.
Cg 12,332 12,372 (0.32)
Cd 5,750 5,775 (0.43) Ruias-owned Essar Steel's capacity expansion at its Hazira plant is 'almost'
Teck 3,508 3,531 (0.63) complete, which will take its total production capacity to 10 million tonnes per annum
It 5,956 6,000 (0.73) (MTPA).
Realty 2,034 2,053 (0.92)
Buoyed by increasing media intake and strong recovery in advertising spends, the
Indian Media & Entertainment (M&E) industry is expected to grow at a CAGR of 14%
to touch Rs 1,27,500 crore ($28 billion) by 2015, a FICCI-KPMG report said yesterday.
Coal India Limited's (CIL) 77 projects having a production capacity of almost 185
million tonnes (MT), have been cleared by the government and are under different
BSE Upper Circuit Breakers phases of completion.
Company Name 21-Mar 18-Mar % Change
Adarsh Plant 15.6 13.0 20.00 State-run Bharat Petroleum (BPCL) has deferred shutdown of a hydrogen unit at its
Fame India 69.9 63.6 10.00 Mumbai refinery and a diesel unit at the Kochi plant to meet local fuel demand, its
Betex India 156.5 149.1 5.00 head said on Monday.
Amrit Banaspati 214.8 204.6 5.00 0
Blue Coast 220.0 209.5 5.00 State-run Indian Oil Corp may consider deferring shutdowns of units at some of its
refineries to meet local fuel demand, its head of refinery BN Bankapur said on Monday.
India's Hindustan Petroleum (HPCL) may defer the planned 15-day shutdown of a
60,000 barrels per day crude unit at Mumbai refinery to Septmber to meet local fuel
demand, its head of refineries K Murali said on Monday.
BSE Lower Circuit Breakers Chennai-based Bafna Pharmaceuticals is set to buy haemoglobin drug Raricap from
Company Name 21-Mar 18-Mar % Change Johnson & Johnson for Rs 21 crore.
SAAG RR Infra 20.3 22.6 (10.00)
(5.00) India-focused refiner and power generator Essar Energy's said a number of key power
Vertex Securities 137.7 144.9
projects would be delayed, hurting its shares and overshadowing full-year earnings
VXL Instruments 21.9 23.1 (5.00)
which beat forecasts.Additional it reported a 20% jump in net profit for the year 2010
KGN Industry 111.2 117.1 (5.00) on the back of higher refinery margins.Net profit in the 2010 calendar year was $248.3
Dollex Industries 6.9 7.3 (5.00) million, as against $206.8 million in the previous year.
COMMODITY 21-Mar 18-Mar % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 103 102 0.99
Gold (Rs/10gm) 21,030 20,887 0.68
Silver (Rs/kg) 54,125 52,930 2.26 Light Sweet Crude Oil on Monday gained 0.99% closing at $103 per barrel. Gold closed
up by 0.68% at Rs 21,030 and silver closed up by 2.26% at Rs 54,125.
CURRENCY 21-Mar 18-Mar % Change The Indian Rupee closed higher against the dollar at Rs 45.01 as the Indian equity
INR / USD 45.01 45.19 (0.40) benchmarks ended on negative note.
USD / Euro 1.41 1.41 -
Yen / USD 81.14 81.51 (0.45)

March 22, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
GTLINFRA 36.6 37.2 1.64 India's import of sensitive items, including foodgrains and milk products, has gone up
EKC 73.4 74.2 1.16 by 8.1% to Rs 52,492 crore during the April-December period of the current fiscal, from
BAJAJHLDNG 730.4 738.0 1.03 Rs 48,548 crore a year ago.
GSPL 99.3 100.3 1.01 Foodgrains' import soared to Rs 226.54 crore during the first nine months of this fiscal
ALOKTEXT 20.8 21.0 0.96 from a mere Rs 41.49 crore in the year-ago period, according to the latest official data.
RUCHISOYA 99.2 100.2 0.96
PIRHEALTH 470.3 459.7 (2.24) Gujarat Gas Company Ltd. said that in order to meet the natural gas requirements for
its markets, the Company has entered into an agreement with BG India Energy
ACC 1025.4 1,004.4 (2.05)
Solutions Pvt. Ltd. (BGIESPL), for the purchase on a firm basis of re-gasified LNG (RLNG)
COREPROTEC 309.4 304.4 (1.60) as follows :
BHUSANSTL 439.8 435.7 (0.92) i) 0.7 mmscmd for the period from April 01, 2011 to June 30, 2011 and;
SUNTV 435.1 431.4 (0.85) ii) 1.0 mmscmd for the period from July 01, 2011 to December 31, 2011.
BHEL 1964.0 1,949.7 (0.73) The above agreement is expected to make available higher quantities of RLNG to
maintain supplies to the Company's markets.
INSTITUTIONAL ACTIVITY (Rs Cr) 09-Mar 08-Mar YTD
FII Cash Net 261 368 (5,885)
FII Stock Futures (123) (57) 5,660
FII Index Futures 93 418 (3,467)
Mutual Fund 181 53 2,499
VALUATIONS P/E P/B DIV YLD
BSE 19.4 3.4 1.2
NSE 20.5 3.4 1.2
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 %
Jindal Steel 662.45 1.95 Kansai Nerolac 860 9.39 Tata Metaliks 119.5 16.36
Mahindra & Mahindra 641.75 1.39 Hindustan Oil 179 9.31 Tata Sponge 356.25 12.03
Sterlite Inds 159.9 1.07 Sun Pharma Adv 72.7 7.86 Fame India 69.9 9.99
HDFC 626.65 0.92 AKZOINDIA 770 7.09 Bhansali Engr-$ 39 9.7
Tata Steel 601.5 0.87 Monsanto India 1687 7 Tinplate Co 65.9 9.47
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hindalco Inds 191.1 -3.12 Gujarat Gas 375.6 -6.24 Piramal Life 110.75 -9.52
Hero Honda 1433.8 -2.74 MVL 28.1 -5.7 Sujana Towers 27.6 -7.54
Maruti Suzuki 1131.4 -2.33 KGN Inds 111.2 -5 Arshiya Intl 199 -6.07
Cipla 287.6 -2.11 State Bank BikJpr 509 -4.23 Comfort Intech-$ 2.52 -5.97
Wipro 431.0 -1.9 Shree Ashtavina 5.5 -4.01 Shristi Infra 165.15 -5.87
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
SUDAR GARM Crosseas Capital Services Pvt. Ltd. SELL 2.30% 119.5
Tata Coffee A K G Securities And Consultancy SELL 1.23% 890.0
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