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1. March 23, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 22-Mar 21-Mar % Change COMMENTARY
BSE Sensex 17,988 17,839 0.84 INDIA
NSE Nifty 5,414 5,365 0.91
BSE Midcap 6,544 6,492 0.79 Indian equity benchmarks bounced back on Tuesday, with surging 149 points on the Sensex led by global
BSE Smallcap 7,818 7,775 0.54 support and some short covering after fell in previous three sessions on rate hike fears, Middle East tensions
and likely drop in RIL gas production. However, it slipped a bit from day's high as there were reports that
Nifty Junior 10,659 10,578 0.77
Libyan Leader Gaddafi's forces attacked Libyan town of Zintan using heavy weapons. The 50-share NSE
CNX Midcap 7,645 7,583 0.82
Nifty gained 49 points, to close at 5,414, added support by oil &
gas, infrastructure, auto, realty, metal, telecom and select financial companies' The Mid-Cap and Small-Cap
stocks were also in demand. up by 0.50 and 0.80% respectively.
GLOBAL MARKETS 22-Mar 21-Mar % Change
Dow Jones Ind (USA) 12,018 12,037 (0.15) Market breadth was positive, 1555 stocks advanced for 1294 stocks which declined.
Nasdaq Composite(USA) 2,684 2,692 (0.30)
S&P 500 (USA) 1,294 1,298 (0.34)
FTSE 100 (UK) 5,763 5,786 (0.40)
DAX (Germany) 6,781 6,816 (0.51) GLOBAL MARKETS
Nikkei 225 (Tokyo) 9,608 9,207 4.36
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for the first time in four days, as oil rose amid
Hang Seng (Hong Kong) 22,858 22,685 0.76 unrest in Libya and concern grew that Europe won’t find an immediate solution to its debt crisis. The S&P
Shanghai Comp (China) 2,919 2,910 0.32 500 retreated 0.34 percent to 1,294. . The gauge had rallied 3.3 percent over the previous three sessions.
KOSPI (South Korea) 2,014 2,003 0.51 The Dow Jones Industrial Average declined 0.15 percent, to 12,018.
STI (Singapore) 3,003 2,984 0.64
MSCI Emerging Market 425 422 0.71 Asian markets have opened up on a negative note Nikkei is down by 1.30%, Hang Seng is down by 0.40%.
MSCI Frontier Market 560 558 0.36
BOND MARKETS 22-Mar 21-Mar Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.12 8.07 0.05 The Karnataka government yesterday said it will allot 1,500 acres land to world's largest steel maker
1yr G-Sec Yield 7.58 7.58 0.00 ArcelorMittal within a month to set up a 6 million tonne per annum (MTPA) steel plant.
LIBOR (6m) 0.46 0.46 0.00
LIBOR (1m) 0.25 0.25 0.00 Lanco Infratech yesterday reported that it has emerged as the largest independent power producer in
Interbank Call rate 7.7 7.5 0.18 India with an installed capacity of 3292 megawatts.
Garware Offshore Services Ltd has announced on Tuesday that the vessel M. V. Beaucephalus' owned
by the Company's wholly Owned Subsidiary, viz., Global Offshore Services P. V. (the Netherlands) has
been awarded a 4 year contract in Brazil. The approximate annual value of the contract stands at Rs.
BSE Turnover Rs Cr('000) Sensex
18400 4.0 490mn.
18300 3.5
18200 3.0
18100 Patel Engineering has bagged a road construction contract worth Rs. 160.69 crore from the state
2.5
18000 government of Karnataka.
2.0
17900
17800 1.5 PSL reported that the company's unit at Sharjah has received a contract worth about $80 million from
17700 1.0 the Kingdom of Saudi Arabia for supply of bare line pipes.
17600 0.5
17500 0.0 The Munjal family promoted Hero Group has increased its shareholding in Hero Honda Motors Ltd. to
16-Mar 17-Mar 18-Mar 21-Mar 22-Mar 52.21% by buying a 26% stake from Japan's Honda Motor Co.
Kotak Realty Fund, the property investment arm of India's Kotak Mahindra Bank, plans to raise as much
as $500 million by the second quarter of this year, in a bet on the long term case for property in India.
NSE Turnover Rs Cr('000) Nifty
5550 12 The country's largest car maker Maruti Suzuki India (MSI) yesterday said it will consider taking different
5500 10 measures after April to protect its margins due to fluctuation of Japanese yen, post the devastating
earthquake and tsunami.
5450 8
88.38 #DIV/0!
5400 6 Drugmaker Elder Pharmaceuticals plans to raise Rs 105 crore through seven-year bonds at 11.25%.
5350 4
Edinburgh-based Cairn Energy Plc yesterday reported record revenues on the back of higher output
5300 2 from its Indian unit where it is selling majority stake to mining group Vedanta Resources.The company
5250 0 said it was confident of winning government approval for the sale of up to 51% stake in Cairn India to the
16-Mar 17-Mar 18-Mar 21-Mar 22-Mar London-listed mining group.Revenues in full year 2010 surged to $1.6 billion as compared to $234
million in the previous year.
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2. March 23, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 22-Mar 21-Mar % Change CORPORATE NEWS
Realty 2,079 2,034 2.19
Auto 8,592 8,462 1.53 Steel pipemaker Jindal Saw Ltd is in talks to acquire a logistic firm that operates
Hc 5,859 5,795 1.10 container trains and owns terminals for about Rs 100-150 crore and expects to close the
Psu 8,564 8,473 1.08 deal in three months, its Managing Director, Indresh Batra said on Tuesday.
Cd 5,806 5,750 0.97
Oil&Gas 9,764 9,676 0.91 Indian paper producer BILT Paper Plc plans to raise at least $330 million from a London
Cg 12,440 12,332 0.88 listing to fund its expansion and pay down debt.BILT Paper, a unit of India's largest
paper maker Ballarpur Industries, has increased its paper production capacity by nearly
Power 2,558 2,538 0.79
90% over the last two years and plans to grow it by another 50% by the end of 2014.
Teck 3,534 3,508 0.73
Metal 15,352 15,275 0.51 Vedanta Group firm Sesa Goa said that it had acquired the assets of the upcoming
Fmcg 3,411 3,396 0.44 steel plant of Bellary Steel and Alloys, put on the block by a consortium of lenders led
It 5,980 5,956 0.40 by IFCI for Rs 220 crore.
Bankex 12,237 12,190 0.39
Cairn Energy expects to receive approval from the government for a long-delayed deal
to sell a stake in its Indian unit, the UK explorer said on Tuesday, as it announced a
swing to annual profit.Cairn agreed seven months ago to sell up to 51% in Cairn India
to Vedanta Resources for up to $9.6 billion.
Mundra Port and Special Economic Zone (MPSEZ), top private multi-port
BSE Upper Circuit Breakers
operator, has secured a bid to develop a coal import terminal at Visakhapatnam. The
Company Name 22-Mar 21-Mar % Change terminal will be built at cost of over Rs 300 cr.This marks the entry of MPSEZ on the
Mirza Internatonal 20.9 19.0 10.00 eastern coast of the India.
Fame India 76.9 69.9 10.00
Commercial Engineers 32.6 29.6 10.00 China's Yanzhou Coal Mining Co and Aditya Birla group are among parties preparing
Betex India 156.5 149.1 5.00 to submit second-round bids for Australian coal miner Whitehaven Coal which is
0
Allied Digital 86.4 82.3 5.00 seeking offers of more than $3.5 billion, it said on Tuesday.
Jyothy Laboratories said that its subsidiary has fully acquired Delhi-based laundry
player Diamond Fabcare Private Limited (DFPL) for an undisclosed sum.
Times Internet and Nimbus Communication said that they are looking for global
partners across media platforms to sublicense IPL rights that they have bagged this
BSE Lower Circuit Breakers week from the BCCI.
Company Name 22-Mar 21-Mar % Change
ParichaY Investments 200.6 211.2 (5.00) Country's largest private power producer Tata Power have announced its partnership
Vertex Securities 137.7 144.9 (5.00) with Australian company Sunengy for executing a solar power project in India this year.
KBS Capital 36.2 38.1 (5.00)
(5.00) The Income Tax Department has issued a notice to Mahindra Satyam, the new brand
KGN Industry 105.7 111.2
identity of Satyam Computer Services Ltd, to pay Rs 616.53 crore in taxes, the
BCC Finance 62.0 65.3 (5.00)
company said in a stock exchange filing yesterday.
Mylan Inc has sued the US Food and Drug Administration to get generic versions of
Pfizer Inc's Lipitor on the market in late June and block Ranbaxy from receiving 180
days of marketing exclusivity for its version of the medicine.
COMMODITY 22-Mar 21-Mar % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 104 103 1.00
Gold (Rs/10gm) 20,894 21,030 (0.65)
Silver (Rs/kg) 54,281 54,125 0.29 Light Sweet Crude Oil on Tuesday gained 1.00% closing at $104per barrel. Gold closed
down by 0.65% at Rs 20,894 and silver closed up by 0.29% at Rs 54,281.
CURRENCY 22-Mar 21-Mar % Change The Indian Rupee closed higher against the dollar at Rs 45.00 as the Indian equity
INR / USD 45.00 45.01 (0.02) benchmarks ended on positive note.
USD / Euro 1.42 1.41 0.71
Yen / USD 80.95 81.14 (0.23)

3. March 23, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
SUZLON 45.5 46.0 1.10 ArcelorMittal, a leading global steel company, signed a $6 billion five-year revolving
BRFL 257.3 259.7 0.93 credit facility. The facility will replace the €5 billion revolving credit facility under
BOSCHLTD 5974.0 6,029.0 0.92 ArcelorMittal's existing €17 billion Credit Facility Agreement dated 30 November
OIL 1268.1 1,279.3 0.88 2006, and will be used for the general corporate purposes of the ArcelorMittal group.
NAGARFERT 26.1 26.3 0.77
IGL 295.7 298.0 0.76 To meet ever-increasing energy demand, the Ministry of New and Renewable Energy
PIRHEALTH 471.7 453.4 (3.88) (MNRE) is looking at the possibility of generating 10,000 MW of power in the next 10
years from surplus biomass.
COREPROTEC 322.8 316.9 (1.81)
ACC 1023.7 1,005.6 (1.76)
HINDUNILVR 267.7 266.4 (0.49)
ABB 746.0 742.9 (0.42)
SAIL 162.0 161.7 (0.22)
INSTITUTIONAL ACTIVITY (Rs Cr) 10-Mar 09-Mar YTD
FII Cash Net (37) 261 (5,922)
FII Stock Futures (225) (123) 5,528
FII Index Futures (547) 93 (4,014)
Mutual Fund (51) 181 2,447
VALUATIONS P/E P/B DIV YLD
BSE 19.6 3.4 1.2
NSE 21.1 3.5 1.2
BSE500 Mcap/GDP Ratio 0.59
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Maruti Suzuki 1171.85 3.58 Wabco TVS India 987 9.33 Sequent Scientific 81.2 14.53
DLF 228.1 3.17 Anant Raj Inds-$ 87.2 7.46 Zenith Info 164.5 11.79
Bharti Airtel 325.85 2.68 Glodyne Tech 387.1 7.1 Gulf Oil Corp-$ 82.55 10.51
Jaiprakash Asso 84.7 2.05 Mahindra & Mah Fin 764.35 6.28 Tatia Global 7.7 10
HDFC 637.15 1.68 Amtek Auto-$ 141.8 6.18 Commercial Engineers 32.55 9.97
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Jindal Steel 660.4 -0.31 Shree Global Trd 199.5 -16.72 Modern India-$ 88 -8.52
TCS 1069.0 -0.28 KGN Inds 105.65 -4.99 Sigrun Holdings 2.33 -5.67
ICICI Bank 1003.4 -0.27 Sunteck Realty 281 -4.65 Balkrishna Inds-$ 124.8 -5.35
HDFC Bank 2151.6 -0.13 Puravankara Proj 100.15 -3.93 Bheema Cem 33.6 -4.82
Bajaj Auto 1357.0 -0.01 MVL 27.1 -3.56 Henkel India 42.7 -4.79
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