1.
January 25, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 24-Jan 21-Jan % Change COMMENTARY
BSE Sensex 19,151 19,007 0.76 INDIA
NSE Nifty 5,743 5,697 0.82 Markets gained for a third straight trading session, extending previous week's slender gains in what will be
BSE Midcap 7,252 7,191 0.85 an eventful but truncated week. Monday's rally was led by Banking stocks as major lenders like SBI and
BSE Smallcap 9,017 8,946 0.79 ICICI Bank announced better than expected quarterly numbers. Consumer Durables, PSU and Capital
Nifty Junior 11,485 11,404 0.71 Goods stocks were among the other major gainers. The broader indices also saw decent buying, as both
CNX Midcap 8,284 8,216 0.83 the BSE Mid-Cap and the BSE Small-Cap indices ended with smart gains. The BSE Sensex gained 143 points
to close at 19,151 and the NSE Nifty gained 47 points to end at 5,743.The BSE Mid-Cap index gained 0.8%
and BSE Small-Cap index 0.8%.
GLOBAL MARKETS 24-Jan 21-Jan % Change The market breadth was positive. Out of 2976 stocks traded on the BSE, there were 1629 advancing stocks
Dow Jones Ind (USA) 11,980 11,872 0.91 as against 1143 declines.
Nasdaq Composite(USA) 2,717 2,689 1.04
S&P 500 (USA) 1,291 1,284 0.55
FTSE 100 (UK) 5,944 5,904 0.68 GLOBAL MARKETS.
DAX (Germany) 7,068 7,063 0.07 U.S. stocks advanced, sending the Dow Jones Industrial Average to the highest level since June 2008, as
Nikkei 225 (Tokyo) 10,345 10,274 0.69 acquisitions, share-buyback plans and dividend prospects bolstered investors’ optimism.The Standard &
Hang Seng (Hong Kong) 23,801 23,877 (0.32) Poor’s 500 Index climbed 0.6 percent to 1,291 a second straight advance. The Dow rose 109 points, or 0.91
percent, to 11,980 extending gains after an eight-week rally.Nasdaq was up by 1.04% ending at 2,717
Shanghai Comp (China) 2,697 2,716 (0.71)
KOSPI (South Korea) 2,082 2,070 0.58
Asian markets have opened up on a positive note HangSend is up by 0.40%. Nikkei 225 is up by 0.30%
STI (Singapore) 3,186 3,185 0.04
MSCI Emerging Market 430 432 (0.46)
MSCI Frontier Market 609 607 0.33
BOND MARKETS 24-Jan 21-Jan Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.22 8.24 (0.02) ICICI Bank posted net profit (consolidated) of Rs 2,039 crore for the third quarter ended December
1yr G-Sec Yield 7.48 7.48 0.00 31, 2010, up 77.5 per cent from Rs 1,149 crore in the corresponding quarter last fiscal.Total income for the
LIBOR (6m) 0.45 0.45 0.00 quarter was up 8.7 per cent at Rs 15,415.8 crore from Rs 14,176.8 crore.
LIBOR (1m) 0.26 0.26 0.00
Interbank Call rate 6.6 6.7 (0.02) Sesa Goa Ltd has posted a net profit of Rs. 10652.90 mn for the quarter ended December 31, 2010 where
as the same was at Rs. 8275.10 mn for the quarter ended December 31, 2009. Total Income is Rs. 23768.20
mn for the quarter ended December 31, 2010 where as the same was at Rs. 19551.30 mn for the quarter
ended December 31, 2009.
BSE Turnover Rs Cr('000) Sensex
19200 3.5 Welspun Corp Ltd. (WCL) the flagship Company of the US$3bn Welspun Group announced its results for
19150 3.4 the 3rd Quarter of FY 2011. Total Sales for the quarter has dipped to RS15,862 mn in Q3 FY11 compared to
3.3 Rs16,395mn.
19100 3.2
19050 3.1 Jindal Steel & Power Ltd posted a net profit of Rs. 9511 mn for the quarter ended December 31, 2010 as
19000 3.0 compared to Rs. 8743.50 mn for the quarter ended December 31, 2009. Total Income has increased from
18950 2.9 Rs. 27074.40 mn for the quarter ended December 31, 2009 to Rs. 31827.00 mn for the quarter ended
2.8 December 31, 2010.
18900 2.7
18850 2.6 Canadian firm Americas Petrogas Inc, in which Indian fertiliser major IFFCO has about 15 per cent
18-Jan 19-Jan 20-Jan 21-Jan 24-Jan stake, said it has invited Oil India and GAIL to invest in its shale gas exploration project in Argentina.
Mobile tower firm Indus Towers is expected to come out with an initial public offer (IPO) sometime in the
next fiscal (2011-12).
NSE Turnover Rs Cr('000) Nifty
5750 14
SKS Microfinance reported a 38.41 per cent decline in net profit at Rs 34.15 crore for the October-
5740 13
5730 December period owing to higher provisioning and bad loan write-offs during this quarter.SKS, the only-
5720 13 listed microfinance company in the country, had a net profit of Rs 55.45 crore in the December quarter of
5710 88.38 #DIV/0!
12 the previous fiscal (2009-10).
5700 12
5690 Diversified business house Godrej reported 38.74 per cent jump in its consolidated net profit for the
11 quarter ended December 31, 2010 at Rs 60.77 crore.The company had posted a net profit of Rs 43.80 crore
5680
5670 11 in the corresponding period of the previous year.
5660 10
18-Jan 19-Jan 20-Jan 21-Jan 24-Jan Jindal Steel and Power said that it will commission 3 million tonnes per annum capacity plant in Orissa by
year-end, while announcing a 54.14 per cent rise in its net profit for the October-December quarter.
`

2.
January 25, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 24-Jan 21-Jan % Change CORPORATE NEWS
Bankex 12,646 12,349 2.40 The net profit of Birla Corporation Limited has declined 38 per cent during the third
Cd 6,171 6,054 1.93 quarter ended December 31, 2010 to Rs 70 crore, as compared to Rs 112.29 crore in the
Psu 8,898 8,792 1.20 same period last fiscal.The turnover of the company also decreased 11.51 per cent
Cg 13,669 13,538 0.97 during the third quarter at Rs 546 crore as against Rs 617.84 crore in the corresponding
Realty 2,518 2,495 0.91 previous quarter.
Auto 9,388 9,309 0.84
Engineering construction company Om Metals Infra Projects said that it is eyeing 75
Power 2,805 2,788 0.61
per cent growth in revenue by 2011-12 at Rs 350 crore.
Metal 16,824 16,734 0.54
It 6,646 6,630 0.23 Asian Paints said that it will form a second new joint venture with US-based PPG
Teck 3,896 3,890 0.16 Industries, besides expanding their existing JV in order to accelerate growth of non-
Fmcg 3,547 3,543 0.12 decorative coatings business in India.As per the plan, Asian paints Limited (APL) and PPG
Hc 6,533 6,535 (0.03) will establish a second 50:50 JV.
Oil&Gas 9,725 9,745 (0.21)
Hospitality major EIH reported 27.14 per cent jump in its profit after tax (PAT) for the
quarter ended December 31, 2010, at Rs 28.39 crore.The Oberoi Group firm had posted a
profit after tax of Rs 22.33 crore in the corresponding period previous year.
Idea Cellular posted its consolidated net profit at Rs 243 crore, up 43 per cent from the
corrosponding quarter last year.Total Income was registered at Rs 3955.61 crore for the
BSE Upper Circuit Breakers quarter ended December 31, 2010 compared to Rs 3149.47 crore for the same quarter a
Company Name 24-Jan 21-Jan % Change year ago.
TTK Prestige 1,804.4 1,503.7 20.00
Odyssey Corp 216.5 180.4 20.00 Boosted by robust festive season sales, retail chain Shoppers Stop reported 45 per cent
Chandni Textiles 113.3 103.0 10.00 increase in its standalone net profit for the third quarter ended December 31, 2010 to Rs
27.9 crore.Net profit in the same quarter last fiscal was at Rs 19.2 crore.
Acro Tech 33.1 30.1 10.00 0
Blue Coast Hotels 238.5 227.1 5.00 Amara Raja Batteries Ltd reported a marginal decline it its net profit for the third
quarter ended December 31, 2010, at Rs 39.65 crore.The company had posted a net
profit of Rs 39.86 crore in the same period last fiscal.Net sales during the third quarter
this fiscal were at Rs 424.92 crore, as against Rs 366.84 crore in the year ago period, up
15.83 per cent.
BSE Lower Circuit Breakers Telecom service provider Reliance Communications announced to launch 3G services
Company Name 24-Jan 21-Jan % Change in 12 cities of Rajasthan, including Jaipur within a month.
Maharaja Shree Umaid 225.5 250.6 (10.00)
Union Bank reported nearly 8.5 per cent increase in its net profit to Rs 579.57 crore for
Exedy India 181.9 191.5 (5.00) the quarter ended December 31, 2010.The Bank recorded a profit of Rs 534.13 crore in
Lords Chemicals 131.4 138.3 (5.00) the same period last year.
BF Investment 92.1 96.9 (5.00)
Jay Energy 116.8 122.9 (5.00) Indian Bank has reported a net profit of Rs 491.29 crore during the quarter
ended December 31, 2010 as compared to Rs 441.38 crore, an increase of around 11 per
cent.
Vijaya Bank reported about 22 per cent growth in net profit to Rs 151.8 crore for the
third quarter ended December 31, 2010.It had net profit of Rs 124.5 crore in the year-ago
period.
Torrent Power Ltd has posted a net profit of Rs. 1975.40 mn for the quarter ended
December 31, 2010 as compared to Rs. 2458.30 mn for the quarter ended December
31, 2009. Total Income has increased from Rs. 14998.20 mn for the quarter ended
December 31, 2009 to Rs. 15799.20 mn for the quarter ended December 31, 2010.
COMMODITY 24-Jan 21-Jan % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 87.9 89.3 (1.58)
Gold (Rs/10gm) 19,997.0 20,032.0 (0.17)
Silver (Rs/kg) 42,374.0 42,680.0 (0.72) Light Sweet Crude Oil on Monday was down by 1.58% at $87.9 per barrel. Gold closed
down by 0.17% at Rs 19,997 and Silver closed down by 0.72% at Rs. 42,374.
CURRENCY 24-Jan 21-Jan % Change The Indian Rupee closed higher against the dollar at 45.67 as the Indian equity
INR / USD 45.67 45.62 0.11 benchmarks ended on positive note.
USD / Euro 1.36 1.35 0.74
Yen / USD 82.53 82.63 (0.12)

3.
January 25, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
GTLINFRA 40.3 40.6 0.74 India's top iron ore producing state Orissa said on Monday it has allowed six mines to
PANTALOONR 324.1 326.4 0.71 restart, three days after they were ordered to shut down in a crackdown on illegal
SUNTV 501.7 504.4 0.55 mining.
GLAXO 2241.4 2,253.6 0.54
MAX 145.1 145.9 0.52 Iron ore exports in December have gone down by 24.64 per cent to 9.69 million
COREPROTEC 315.6 317.2 0.49 tonnes, continuing its declining trend for the sixth consecutive month.According to
PNB 1150.1 1,140.7 (0.82) the data by industry body FIMI, the country had shipped 12.86 million tonnes of iron
ore, a vital steel-making raw material, during the same period last year.
MARUTI 1292.5 1,285.2 (0.57)
ACC 1003.1 997.5 (0.56) China is starting to pass on the rising cost of labour and other manufacturing inputs
INFOSYSTCH 3284.7 3,271.7 (0.40) as it restructures its economy, creating a potential new inflation headache for
ABB 738.9 736.0 (0.39) Western countries already grappling with surging commodity prices.
HINDUNILVR 298.0 297.0 (0.34)
Real estate firm Sobha Developers reported a 20 per cent increase in its net profit to
INSTITUTIONAL ACTIVITY (Rs Cr) 14-Jan 13-Jan YTD Rs 49 crore for the quarter ended December, as against Rs 40.8 crore in the same
FII Cash Net (695) (113) 129,439 period a year ago.The turnover rose by 17 per cent to Rs 364.7 crore in the third
FII Stock Futures 207 438 (12,040) quarter of this fiscal as compared with Rs 310.4 crore in the corresponding period of
FII Index Futures (36) 208 (10,840) the previous year.
Mutual Fund (99) (93) (27,937)
Foreign cigarette companies could soon find it harder to sell their products in India.
The government is looking into a proposal to ban foreign direct investment (FDI) in
VALUATIONS P/E P/B DIV YLD the wholesale marketing arms of these companies. It is also exploring the possibility
BSE 21.6 3.6 1.1 of shifting the import of tobacco products from the open general licence (OGL) to the
NSE 22.3 3.6 1.1 restricted list.
BSE500 Mcap/GDP Ratio 0.62
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
SBI 2,693.10 3.66 Core Projects 315.7 9.94 TTK Prestige 1804.4 20
Tata Steel 648.85 3.06 Glodyne Tech 745.05 9.81 Odyssey Corp 216.45 19.98
ONGC 1,138.70 3.05 Prestige Estates 157.7 9.02 IFB Inds 122.45 16.4
Maruti Suzuki 1,291.05 2.96 KSK Energy 116.05 8.92 TTK Healthcare 420.15 15.92
HDFC 669.30 2.53 Monnet Ispat 598.3 8.76 REISIX TENR 67 15.32
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Wipro 444.35 -2.57 Sunteck Realty 499.8 -5.11 Kennametal 550 -9.67
RIL 971.05 -1.57 KGN Inds 204 -4.38 Premier 94.65 -7.3
Cipla 348.25 -1.49 Jyothy Lab 258.8 -3.77 Madhucon Proj 89.05 -6.9
Hindalco Inds 232.05 -1.11 HATHWAY CAB 139 -3.47 Lloyds Steel 20.94 -5.12
Reliance Comm 134.65 -1.07 Gujarat NRE Coke 60.65 -3.42 Surana Inds 263.05 -5.1
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