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1. December 23, 2010
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 22-Dec 21-Dec % Change COMMENTARY
BSE Sensex 20,016 20,060 (0.22) INDIA
NSE Nifty 5,984 6,000 (0.27) The benchmark indices ended marginally lower, for the first time in three days after touching fresh five-
BSE Midcap 7,626 7,618 0.11 week highs in the earlier part of the session. Profit-taking in select index heavyweights and the not-so-
BSE Smallcap 9,337 9,308 0.31 encouraging cues from the global front dragged both the benchmarks below their respective
Nifty Junior 12,093 12,095 (0.02) psychological levels of 20k and 6k respectively midway through the session before a partial recovery
CNX Midcap 8,711 8,703 0.09 saw the BSE Sensex regaining the pivotal level towards close to end at 20016, lower by 0.22%. The Nifty,
however, ended at sub-6k levels at 5984, down by 0.27%. There was relative outperformance on the
broader market front, with the midcap index ending at 7626, higher by 0.11% and the smallcap index
GLOBAL MARKETS 22-Dec 21-Dec % Change ending at 9337, up by 0.31%.
Dow Jones Ind (USA) 11,559 11,533 0.23
Nasdaq Composite(USA) 2,671 2,667 0.15 The market breadth was mildly positive at close. Out of 3061 stocks traded on the BSE, there were 1505
S&P 500 (USA) 1,259 1,254 0.40 advancing stocks as against 1397 declines.
FTSE 100 (UK) 5,983 5,952 0.52
DAX (Germany) 7,068 7,078 (0.14) GLOBAL MARKETS
Nikkei 225 (Tokyo) 10,347 10,371 (0.23) Stocks climbed to hit fresh two-year highs Wednesday, as investors begin to pack up for the holidays
Hang Seng (Hong Kong) 23,045 22,990 0.24 and prepare for 2011. The Dow Jones industrial average added 26 points to end 0.2% higher at
Shanghai Comp (China) 2,878 2,904 (0.90) 11,559.49 -- its highest level since August 28, 2008. The S&P 500 added 0.3% to end at its highest level
KOSPI (South Korea) 2,038 2,037 0.04 since September 19, 2008. Meanwhile the tech-heavy Nasdaq ticked up 0.2% to its highest settle since
STI (Singapore) 3,144 3,151 (0.21) December 28, 2007.
MSCI Emerging Market 429 427 0.57
Asian markets are trading on a positive note with the Hang Seng up by 0.4% & the Straits Times up by
MSCI Frontier Market 583 589 (0.97)
0.45%
BOND MARKETS 22-Dec 21-Dec Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 7.96 8.01 (0.05) ING Vysya Bank is looking at hiking its base rate in next quarter, a top official told reporters on
1yr G-Sec Yield 7.34 7.34 0.00 Wednesday.
LIBOR (6m) 0.46 0.46 0.00
LIBOR (1m) 0.25 0.26 (0.01) An Indian consortium of state-run companies will meet later on Wednesday to appoint a merchant bank to
Interbank Call rate 7.0 7.0 0.05 advise on whether it should bid for a stake in Africa-focused Riversdale Mining . The members of the
International Coal Ventures consortium are NTPC , Steel Authority of India, NMDC , Coal India and
Rashtriya Ispat Nigam Ltd.
BSE Turnover Rs Cr('000) Sensex
20100 6.0 Public sector powerhouse Bharat Heavy Electricals Ltd (BHEL) is mulling a partnership with Japanese
automaker Toyota to make electric vehicles (EVs) in India, the second fastest growing auto market in the
20000 5.0 world.
19900 4.0
19800 Tyre manufacturer Apollo has forayed into the Bangladesh market by partnering with Rahimafrooz
3.0
19700 Distribution Ltd, manufacturer and distributor of automotive and industrial batteries.
19600 2.0
19500 1.0 India's No. 2 liquor maker, Radico Khaitan, is in advanced talks for marketing tie-ups with three overseas
19400 0.0 companies, a senior official told Reuters on Wednesday.
15-Dec 16-Dec 20-Dec 21-Dec 22-Dec
Leading Indian companies -- ITC Ltd and Reliance Industries Ltd (RIL) -- have received top rating in Asia
for their corporate social responsibility (CSR) initiatives, according to report by the Hong Kong-based
brokerage and investment firm, CLSA.
NSE Turnover Rs Cr('000) Nifty
6050 20 BS TransComm, an end to end Turnkey Services and Technology Solutions Provider to Power T&D and
Telecom Sector has announced today that its consortium has bagged the project worth Rs 300 crore from
6000 15 Rural Electrification Corporation
5950 88.38 #DIV/0!
10 Jubilant Foodworks' Domino's Pizza, one of the leading players in the domestic organised pizza home
5900 delivery segment, has entered Orissa with its first store in the state's capital Bhubaneswar.
5850 5
Dr Reddy's Laboratories plunged over four per cent in the early trade on BSE, amid reports of gas leakage
5800 0 in the pharma giant's Bollaram facility in Hyderabad.
15-Dec 16-Dec 20-Dec 21-Dec 22-Dec
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2. December 23, 2010
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 22-Dec 21-Dec % Change CORPORATE NEWS
Metal 17,208 17,097 0.65 The Petroleum and Natural Gas Regulatory Board (PNGRB) today said it will hear
PSU 9,370 9,345 0.27 Reliance Gas Transportation India Limited's (RGTIL's) stand on delay in pipeline
FMCG 3,556 3,546 0.26 works between Kakinada and Haldia and take a call on the cancellation of
Teck 3,930 3,923 0.19 authorisation soon.
Power 2,916 2,914 0.05
Realty 2,769 2,768 0.02 IT bellwether Tata Consultancy Services (TCS) today said it has entered into a multi-
Auto 10,153 10,168 (0.15) year agreement to accelerate hospitality firm Hilton Worldwide's technology
Healthcare 6,470 6,482 (0.19) strategy as part of the 'Hilton Worldwide Innovation Collaborative' initiative.
IT 6,663 6,679 (0.24)
Consumer Durables 6,066 6,094 (0.47) The country's largest car maker Maruti Suzuki India (MSI) today said it would
Bankex 13,006 13,078 (0.55) reorient the production of 'Swift' and 'DZiRE' in its two facilities at Gurgaon and
Capital Goods 15,227 15,321 (0.61) Manesar to enhance output.
Oil&Gas 10,655 10,732 (0.71)
India's top car maker Maruti Suzuki raised its sales forecast for the current fiscal year
on surging demand, despite a maintenance shutdown that would create a dip in
December sales. Maruti expects sales this fiscal year to rise 31 per cent from a year
earlier
BSE Upper Circuit Breakers Fortis Global Healthcare Holdings today said it will acquire 30 per cent stake in
Company Name 22-Dec 21-Dec % Change Australia's Dental Corporation for about Rs 450 crore. The company, promoted by
Dharani Finance0 6.9 6.6 5.00 Malvinder Mohan Singh and Shivinder Mohan Singh, will get for $100 million
(Australian) nearly 30 per cent stake in Dental Corp
Jumbo Bag 41.0 39.0 5.00
MVL 22.1 21.0 5.00
State Bank of Travancore (SBT) has plans to raise funds via rights issue. Earlier this
Cravatex 568.3 541.3 5.00 0
month, reports suggested that the bank was looking to raise around Rs 500-700
OMDC 62211.7 59248.9 5.00
crore via rights issue which would be used to fund credit growth and improve capital
to risk weighted assets ratio (CRAR) under Basel III.
The rising prospect of the Nano doing well in international markets has prompted
Tata Motors to hold customer clinics in several countries.
BSE Lower Circuit Breakers State-run miner NMDC resumed full transportation of iron ore from Chhattisgarh on
Company Name 22-Dec 21-Dec % Change Tuesday, after a strike called by Maoist rebels ended, a senior company official said
Inter State Oil 9.0 10.0 (10.00) on Wednesday.
Spectacle 58.6 61.7 (5.00)
Bheema Cem 37.7 39.7 (5.00) South Africa's Neotel, a unit of Tata Communications, said it is considering
Shree Ashtavinayak 11.2 11.8 (5.00) restructuring as it faces tough competition in Africa's biggest economy. Launched in
Centrum Capital 1482.3 1560.0 (5.00) 2006 after long delays, the company began offering telephone and internet services
to corporate customers in March 2007, and has yet to turn a profit.
The Reserve Bank of India (RBI) said on Wednesday it has disallowed purchase of
shares by foreign investors in IndusInd Bank as their holding in the private lender
has reached the trigger limit.
State-owned NTPC today said it hoped to get liquefied natural gas (LNG) from Qatar
by next financial year.
COMMODITY 22-Dec 21-Dec % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 90.6 90.0 0.64
Gold (Rs/10gm) 20,513.0 20,571.0 (0.28)
Silver (Rs/kg) 44,436.0 44,519.0 (0.19) Light Sweet Crude Oil on Wednesday was up by 0.64% at $90.6 per barrel. Gold closed
down by 0.28% at Rs 20,513 and Silver closed down by 0.19 % at Rs. 44,436.
CURRENCY 22-Dec 21-Dec % Change
INR / USD 45.08 45.22 (0.31) The Indian Rupee closed higher against the dollar at 45.08 as the Indian equity
USD / Euro 1.30 1.31 (0.94) benchmarks ended on negative note.
Yen / USD 83.56 83.79 (0.27)

3. December 23, 2010
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY NEWS
COREPROTEC 323.4 329.1 1.76
The Oil Ministry on Wednesday said the "delay" in deciding on Vedanta Resources' $9.6
IOB 144.1 145.0 0.66
billion acquisition of Cairn India will not have any impact on the 9th round of auction of
ORBITCORP 77.4 77.9 0.65 oil and gas areas under the New Exploration Licencing Policy (NELP).
INDHOTEL 93.3 93.9 0.64
TATAGLOBAL 113.6 114.3 0.62 According to industry body Nasscom, the Indian IT-BPO industry is well-poised to reach
GAIL 509.3 503.4 (1.16) the $70 billion-mark by the end of the current fiscal.
IDEA 68.2 68.0 (0.29)
DRREDDY 1676.9 1,672.4 (0.27) India may revise customs and excise duties on crude oil and refined products in the
CONCOR 1278.3 1,275.0 (0.25) Budget, if required, Finance Secretary Ashok Chawla said on Wednesday.
ASIANPAINT 2941.5 2,935.7 (0.20)
PFC 320.0 319.5 (0.14) The government is willing to bear one-third of fuel subsidies in the fiscal year that ends
GLAXO 2201.4 2,199.3 (0.10) in March 2011, Finance Secretary Ashok Chawla said on Wednesday. Oil marketing
companies' revenue loss on fuel sales in the current fiscal year is estimated at Rs 66,000
INSTITUTIONAL ACTIVITY (Rs Cr) 02-Dec 01-Dec YTD crore ($14.6 billion), S Sundareshan, Oil Secretary said on Tuesday.
FII Cash Net 463 447 1,29,858
FII Stock Futures 697 753 (11,902) Worried over microfinance institutions’ future profitability, banks want to diversify their
FII Index Futures 606 937 (11,184) risks by lending to the sector in a consortium. Leading bankers are meeting Reserve
Mutual Fund 229 294 (29,460) Bank of India Deputy Governor Shyamala Gopinath on Wednesday to make a case for
consortium lending.
VALUATIONS P/E P/B DIV YLD
BSE 23.0 3.4 1.1 Reflecting a big cash crunch in the system, banks made huge borrowings from the
NSE 23.5 3.3 1.1 Reserve Bank for the second consecutive day today, amounting to Rs 1,57,625 crore -- a
BSE500 Mcap/GDP Ratio 0.64 little less than yesterday's record.
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Bharti Airtel 343.25 3.12 Ispat Inds 23.6 11.32 Jindal World 250.3 12.17
Hindalco Inds 238.00 1.91 Nava Bharat Vent 331.85 6.04 Oscar Invest 378.95 11.08
Jindal Steel 695.80 1.56 MVL 22.05 5 Kiri Dyes 383.25 9.99
Tata Motors 1,365.60 1.19 Essar Ship Ports 103.05 4.99 Accentia Tech 207.6 9.78
Sterlite Inds 178.45 1.16 KGN Inds 221.25 4.98 Jindal Poly 533.25 9.61
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Maruti Suzuki 1398.75 -2.11 Money Matters 159.75 -5 Elpro Intl 323.1 -8.12
Reliance Infra 794.45 -1.74 Shree Ashtavina 11.3 -4.64 Aditya Birla Money 33.6 -7.57
HDFC Bank 2179.45 -1.51 Sterling Intl 196.35 -4.45 Graviss Hospitality 26.1 -5.78
Wipro 478.45 -1.42 Sintex Inds 170.15 -3.63 Centrum Cap 1482.05 -5
RIL 1057.05 -1.34 Simplex Infra 400.15 -3.59 Comfort Intech 4.2 -4.98
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
ASHCONIUL Bp Fintrade Private Limited BUY 0.98% 5.8
CINEMAX Union Investment Luxembourg Uniasia BUY 1.07% 53.5
ISPATIND Jaypee Capital Services Ltd. BUY 0.53% 22.4
R.P.P. Infra Projects Ltd Crosseas Capital Services Pvt. Ltd. SELL 0.55% 60.8
Talwalkar Fitness Ltd Credit Suisse (Singapore) Limited A/C Credit Suisse (Singap SELL 0.52% 256.6
BSE
ABG Shipyard Reliance Mutual Fund BUY 0.60% 367
Amulya Leas Sangeeta Pareeku BUY 0.52% 36.5
Arvind Intl Jmp Securities Pvt Ltd BUY 0.26% 20.56
MOIL LTD Crosseas Capital Services Private Limited SELL 0.64% 465.5
Kinetic Engr Iifl Capital Mumbai Fund SELL 0.48% 163.6