1. January 24, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 21-Jan 20-Jan % Change COMMENTARY
BSE Sensex 19,007 19,047 (0.21) INDIA
NSE Nifty 5,697 5,712 (0.27) After two successive weeks of heavy losses, the bulls managed to retrieve some of the lost ground this
BSE Midcap 7,191 7,176 0.21 week. But, the bears continue to fight and are in no mood to give up easily. The tug of war has led to
BSE Smallcap 8,946 8,905 0.46 increased volatility.The market participants have been doing their own rebalancing of portfolios besides
Nifty Junior 11,404 11,352 0.45 sector rotation.Markets ended with modest losses, as sustained selling in IT, FMCG and select Telecom
CNX Midcap 8,216 8,203 0.16 stocks was countered by gains in Oil & Gas and Banking stocks. The Mid-Cap and Small-Cap stocks
managed to buck the negative trend in the frontline counters.In the coming week all eyes would be on
two big events i.e. the F&O expiry and the RBI monetary policy meet. They would set the tone for the
Indian equity markets in the near term at least along with the quarterly results, and global cuesThe BSE
GLOBAL MARKETS 21-Jan 20-Jan % Change Sensex lost 39 points to close at 19,007 and the NSE Nifty slipped 15 points to end at 5,697.
Dow Jones Ind (USA) 11,872 11,823 0.41
Nasdaq Composite(USA) 2,689 2,704 (0.55) The market breadth was positive, though. Out of 2875 stocks traded on the BSE, there are 1521 advancing
S&P 500 (USA) 1,284 1,280 0.31 stocks as against 1239 declines.
FTSE 100 (UK) 5,904 5,868 0.61
DAX (Germany) 7,063 7,024 0.56 GLOBAL MARKETS.
Nikkei 225 (Tokyo) 10,274 10,437 (1.56) US markets ended flat as Wall Street staged a gradual climb in afternoon action. For the second straight
Hang Seng (Hong Kong) 23,877 24,003 (0.52) session the Nasdaq was hit the hardest. The selling was motivated by worries that China might have to
tighten monetary policy to contain inflation after its economy expanded at a torrid clip of 9.8% in the
Shanghai Comp (China) 2,716 2,678 1.42
fourth quarter.n economic data in US, existing home sales for December spiked 12.3% to an annualized
KOSPI (South Korea) 2,070 2,106 (1.71)
rate of 5.28 million units.Dow Jones Industrial Average was up 0.41% at 11872. Nasdaq Composite slipped
STI (Singapore) 3,185 3,205 (0.64) 0.55% at 2689 Standard & Poor's 500 gained 0.31% at 1284.
MSCI Emerging Market 432 442 (2.26)
MSCI Frontier Market 607 607 0.00 Asian markets have opened up on a positive note Nikkei is up by 0.30% . Hand Seng is also trading in
green.
BOND MARKETS 21-Jan 20-Jan Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.24 8.17 0.07 Corporate giant Reliance Industries (RIL) reported a 28.14 per cent rise in its third-quarter net profit at Rs
1yr G-Sec Yield 7.48 7.50 (0.02) 5,136 crore, helped by robust performance in its refining and petrochemicals businesses.The turnover
LIBOR (6m) 0.45 0.45 0.00 rose by about 6 per cent to Rs 62,399 crore for the quarter ended December 31, 2010, from Rs 58,848 crore
LIBOR (1m) 0.26 0.26 0.00 in the year-ago period.
Interbank Call rate 6.7 6.7 0.01
State-run NMDC plans to set up its second steel plant at an investment of Rs 10,000 crore in Chhattisgarh
and announce its partner for this joint venture by March.
BSE Turnover Rs Cr('000) Sensex Chambal Fertilisers and Chemicals reported a net profit of Rs 107.42 crore for the quarter ended on
19150 3.5 December 31, 2010, a growth of 34.7 per cent over the corresponding period, an year ago.The company
19100 3.4 had reported a net profit of Rs 79.74 crore for the quarter ended on December 2009.During the October-
19050 December period of the current fiscal, the net sales of the company rose to Rs 1,352.80 crore as against Rs
3.3 1,141.66 crore in the comparable period, previous fiscal.
19000
3.2
18950
3.1 Hinduja flagship firm Ashok Leyland reported 58.55 per cent fall in its net profit for the quarter ended
18900
3.0 December 31, 2010, at Rs 43.37 crore.The company had posted a net profit of Rs 104.63 crore in the year-
18850 ago three-month period,
18800 2.9
18750 2.8 Mahindra Group, which spans a wide range of businesses from auto to aerospace to finance and farm
17-Jan 18-Jan 19-Jan 20-Jan 21-Jan equipment to IT, plans to hire around 25,000 professionals by end-this year.
With the government clearing decks for video calling on mobile phones, the country's largest telecom
operator Bharti Airtel said that it will commercially launch 3G mobile services within a week.
NSE Turnover Rs Cr('000) Nifty
5740 14 Packaging and sun-control films manufacturer Garware Polyester Ltd reported its net profit grew more
5720 13 than four-fold to Rs 51.08 crore for the third quarter ended December 31, 2010, over the corresponding
13 period a year ago.The company had a net profit of Rs 10.77 crore for the same quarter last fiscal.
5700
88.38 #DIV/0!
12
5680 Hospitality firm, Royal Orchid Hotels has posted 46 per cent growth in consolidated net profit at Rs 4.38
12
5660 crore for the quarter ended December 31, 2010.For the same period last year, the company's net profit
11 was Rs 3 crore.
5640 11
5620 10 Indian Overseas Bank (IOB) is planning to increase its branches to 3,000 and touch an equal number in
17-Jan 18-Jan 19-Jan 20-Jan 21-Jan ATMs, across the country by the next financial year (FY).
`

2. January 24, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 20-Jan 19-Jan % Change CORPORATE NEWS
Oil&Gas 9,745 9,670 0.78 Dhanlaxmi Bank plans to raise up to Rs 1,000-crore of capital to meet its business growth over
Bankex 12,349 12,254 0.77 the next 12-15-months and has already obtained its Board approval for the same.
Power 2,788 2,769 0.67
Cd 6,054 6,022 0.53 Indian Overseas Bank (IOB) is planning to increase its branches to 3,000 and achieve an equal
number in ATMs, across the country by the next financial year (FY), a top official said here. IOB
Psu 8,792 8,766 0.29 Chairman and Managing Director M Narendra said the bank wants to expand from existing 2019
Cg 13,538 13,515 0.17 branches to 3,000 and increase the number of ATMs from 900 to 3,000.
Auto 9,309 9,299 0.12
Hc 6,535 6,546 (0.17) Kotak Mahindra Bank said that it has increased its term deposit rates by up to 0.50 per cent. The
change in interest rates is with effect from January 22. Deposits of a tenor of one-year and above
Realty 2,495 2,507 (0.50)
and inclusive of 389-days will now carry a rate of 8.75 per cent as against the earlier 8.25 per cent.
Metal 16,734 16,857 (0.73)
Teck 3,890 3,930 (1.02) Giving in to rising input cost pressures, the country's largest carmaker by sales, Maruti
Fmcg 3,543 3,589 (1.28) Suzuki India has increased prices of its vehicles by up to Rs 8,000 across models, except its newly
(1.29) launched compact car Alto K10.
It 6,630 6,717
FMCG major Unilever said that it will launch its water purifier , Pureit, in emerging overseas
markets in Asia, South Africa and Eastern and Central Europe. Pureit is used by 15 million people
and the company plans to take this number to 500 million across the globe by 2020.
Oil and Natural Gas Corp.'s daily oil output from the country's biggest oil fields , off the west
coast , has declined 6.3 per cent. Operations at Western offshore were nearly normal, the state-
BSE Upper Circuit Breakers run explorer said in a statement, adding the fields were presently producing at the rate of
Company Name 20-Jan 19-Jan % Change 300,000 barrels per day (bpd) as against normal level of 320,000 bpd.
Compact Disc 45.9 38.3 20.00
Infrastructure firm C&C Constructions on Sunday said it plans to raise $100 million (about Rs 450
Llyods Metals 52.5 43.8 20.00 crore) by December, mainly to fund highways projects. Currently the company has about Rs
Surana Industries 278.0 252.7 10.00 2,500 crore BOT road projects at hand besides schemes worth Rs 1,000 crore in the pipeline.
Kaycee Industries 5,985.0 5,700.0 5.00 0
LS Industries 131.3 125.1 5.00 Engineering firm Era Infra said that it has achieved financial closure for Rs 1,951 crore Bareilly-
Sitapur road project in Uttar Pradesh, awarded to it by the National Highways Authority of India
(NHAI).
Godrej Consumer Products Ltd (GCPL) said that it has posted 40 per cent increase in net profit
at Rs 119 crore for the quarter ended December 31, 2010.
Bharat Forge Ltd's standalone net profit has jumped by 118 per cent during the October-
BSE Lower Circuit Breakers December quarter this year. The Pune-based company had reported consolidated net profit to Rs
Company Name 20-Jan 19-Jan % Change 83 crore during the quarter, as compared to net profit of Rs 38 crore during the same period a
Agre Developers 45.6 48.0 (5.00) year back .
Gandhinagar Hotels 146.4 154.0 (5.00)
Tata Steel raised $770 million from a share sale after pricing the issue at the top end of the
Rosell Tea 86.5 91.1 (5.00) indicative range on strong investor response to the Indian steelmaker's offering. The issue, which
BF Investment 96.9 102.0 (5.00) was launched on January 19 and ended on Friday, was covered more than six times.
Jay Energy 122.9 129.4 (5.00)
The country's largest lender State Bank of India reported a 13.45 per cent rise in its consolidated
net profit at Rs 3,806.49 crore for the third quarter ended December 31, over the same period last
year. The bank had a consolidated net profit of Rs 3,354.94 crore in the year-ago period, SBI said
in a filing to the Bombay Stock Exchange.
Navratna PSU Coal India's subsidiary Bharat Coking Coal Ltd will open seven new underground
mines in Jharkhand, a step aimed at nearly tripling its underground coal production capacity to
12 million tonnes per annum.
COMMODITY 20-Jan 20-Jan % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 89.3 88.8 0.54
Gold (Rs/10gm) 20,032.0 20,157.0 (0.62)
Silver (Rs/kg) 42,680.0 42,729.0 (0.11) Light Sweet Crude Oil on Friday was up by 0.54% at $89.3 per barrel. Gold closed down
by 0.62% at Rs 20,032 and Silver closed down by 0.11% at Rs. 42,680.
CURRENCY 20-Jan 20-Jan % Change The Indian Rupee closed lower against the dollar at 45.62 as the Indian equity
INR / USD 45.62 45.53 0.20 benchmarks ended on neagtive note.
USD / Euro 1.35 1.34 0.75
Yen / USD 82.63 83.04 (0.49)

3. January 24, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
Nagarconst 115.5 116.4 0.82
The Indian pharmaceuticals market looks poised to grow to $55 billion in
Ruchisoya 114.0 114.8 0.66
2020, according to a new McKinsey & Company report — “India Pharma 2020:
Sterlinbio 100.2 100.8 0.60 Propelling access and acceptance, realising true potential”. This will be a
Gvkpil 34.7 34.9 0.58 quadrupling of the market from the $12.6 billion the industry made in 2009. The
Ekc 88.9 89.4 0.56 report states that the pharma market has the further potential to reach $70 billion
Divislab 619.2 622.4 0.52 by 2020 if aggressive growth efforts are embraced.
Chennpetro 228.6 225.3 (1.44)
Pfc 285.4 282.7 (0.93) The Institute of Chartered Accountants of India (ICAI) will introduce Unique Code
Maruti 1272.7 1,261.3 (0.90) Numbers (UCD) from next month for Chartered Accountants (CAs) to help them
Acc 1013.9 1,005.1 (0.87) check increasing incidents of fraudulent practices, including forged
attestations, ICAI President Amarjit Chopra said.
Pnb 1141.4 1,132.8 (0.75)
Hcltech 508.1 505.0 (0.60)
With less than a month to go for the cricket World Cup followed by season four of
much hyped IPL, multiplex and theatre owners are gearing up to finalise plans for
INSTITUTIONAL ACTIVITY (Rs Cr) 5-Jan 4-Jan YTD live screening of the matches
FII Cash Net (92) 779 131,633
FII Stock Futures (495) (487) 12,779
FII Index Futures (109) (82) (8,006)
Mutual Fund (177) (293) (28,566)
VALUATIONS P/E P/B DIV YLD
BSE 21.6 3.6 1.1
NSE 22.4 3.6 1.1
BSE500 Mcap/GDP Ratio 0.64
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Reliance Infra 737.10 2.81 Motilal Oswal 155.75 11.05 Lloyds Metal 52.5 20
SBI 2,597.95 2.49 Sterling Intl 215.8 6.91 Valecha Engr 125.3 19.22
Reliance Comm 136.10 2.14 India Infoline 77 5.05 Hanung Toys 228.3 12.71
BHEL 2,217.50 1.75 Money Matters 105.5 4.98 Surana Inds 278 10.03
RIL 986.50 1.73 Cholamandalam Inv 189.65 4.95 Kama Holdings 485 9.68
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Wipro 456.05 -4.59 Sanwaria Agro 144.05 -6.28 Kirloskar Pneu 444.85 -6.13
ONGC 1,105.05 -2.57 Financial Tech 712.55 -6.18 Rossell Tea 86.5 -5
ITC 168.95 -1.63 Persistent Sys 410.3 -6.14 Nilkamal 316.9 -4.95
DLF 252.35 -1.56 Kirloskar Bros 165.9 -4.87 SVC RES 15.55 -4.89
Sterlite Inds 177.80 -1.52 Britannia Inds 370.55 -4.53 SPECTACLE 23.4 -4.88
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
Vivimed Labs Niraj Rajnikant Shah BUY 4.54% 304.0
Gravita India Crosseas Capital Services BUY 1.50% 266.1
Everonn H P Share Shoppe BUY 2.34% 693.5
XPRO India Chander Kanta SELL 2.30% 70.3
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0