January 27, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET* 25-Jan 24-Jan % Change COMMENTARY
BSE Sensex 18,969 19,151 (0.95) INDIA
NSE Nifty 5,687 5,743 (0.97) The markets was cruising along in the morning session and in fact touched an intra-day high of 19340 as
BSE Midcap 7,223 7,252 (0.41) the banking space flared in a knee-jerk reaction to the rate hike announcement. But banks reversed
BSE Smallcap 8,985 9,017 (0.35) direction from thereon and the markets lost their way in the later half of the day in a seemingly belated
Nifty Junior 11,384 11,485 (0.88) reaction to the rate hike announced by the Reserve Bank. The Sensex surrendered almost 400 points from
CNX Midcap 8,243 8,284 (0.50) the day's highs to end at 18969, weaker by 182 points and the Nifty shut shop at 5687, down 56 points.
The BSE Midcap index ended at 7223, weaker by 29 points and the BSE Smallcap index ended at
8985, down 32 points. Rate sensitive stocks did a bulk of the damage in wake of the RBI decision to hike
the rates for the seventh time since March last year.
GLOBAL MARKETS 26-Jan 25-Jan % Change
Dow Jones Ind (USA) 11,985 11,977 0.07 The market breadth has turned weak. Out of 2917 stocks traded on the BSE, there are 1188 advancing
Nasdaq Composite(USA) 2,740 2,719 0.77 stocks as against 1608 declines.
S&P 500 (USA) 1,297 1,291 0.43
FTSE 100 (UK) 5,969 5,918 0.87 GLOBAL MARKETS.
DAX (Germany) 7,127 7,059 0.96 Stocks finished modestly higher Wednesday, after the Dow Jones Industrial Average rose past the 12,000
Nikkei 225 (Tokyo) 10,402 10,464 (0.59) mark for the first time since June 2008 during intra-day action on the back of better-than-expected home
Hang Seng (Hong Kong) 23,843 23,788 0.23 sales.The Dow finished 8 points, or 0.07% higher, at 11,985. During the session, the benchmark index
flitted above and below the 12,000 mark several times, swinging from a low of 11,961 to a high of
Shanghai Comp (China) 2,709 2,677 1.17
12,020.The S&P 500 inched closer to its own psychological milestone of 1,300, finishing up 5 points, or
KOSPI (South Korea) 2,110 2,087 1.12
0.4%, at 1297 and the Nasdaq Composite tacked on 20 points, or 0.7%, to close at 2740.
STI (Singapore) 3,221 3,181 1.25
MSCI Emerging Market 434 431 0.70 Asian Markets have opened on a mixed note Nikkei 225 is up by 0.23 % .Hang Seng is down by 0.30%.
MSCI Frontier Market 614 611 0.49 (* Indian markets were closed on 26th January 2011 on account of Republic Day)
BOND MARKETS 24-Jan 24-Jan Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.19 8.22 (0.03) Allcargo Global Logistics, the Mumbai-based Rs 2500 crore end-to-end logistics provider, has chalked
1yr G-Sec Yield 7.48 7.48 0.00 out Rs 40 crore investment plan to expand warehousing capacity from the existing 3,00,000 sq feet to one
LIBOR (6m) 0.45 0.45 0.00 million sq feet in the next three years.
LIBOR (1m) 0.26 0.26 0.00
Interbank Call rate 6.7 6.6 0.08 Hurt by rising input costs, JK Tyre & Industries reported a 74.93 per cent decline in net profit for the
quarter ended December 31, 2010, to Rs 9.14 crore.The company had posted a net profit of Rs 36.46 crore
for the same quarter last fiscal.Net sales during the third quarter this fiscal stood at Rs 1,174.4 crore, as
against Rs 798.7 crore in the year-ago period, translating into a 47 per cent increase.
BSE Turnover Rs Cr('000) Sensex
19200 4.0 Vedanta Group firm Sesa Goa has secured a stay order from the Delhi High Court against the decision
19150 3.5 taken by Industrial Financial Corporation of India on Bellary Steel sell-off in which JSW Steel was declared
3.0 the highest bidder.
19100
2.5
19050 Tyre maker CEAT said that its net profit declined by 79.14 per cent to Rs 5.01 crore for the third quarter
2.0
19000 ended December 31, over the same period previous fiscal.The company had a net profit of Rs 24.02 crore
1.5
18950 for the same period last fiscal.
1.0
18900 0.5 Grasim Industries reported a 13.5 per cent dip in consolidated net profit at Rs 501.76 crore for the third
18850 0.0 quarter of the current fiscal on higher raw material and fuel costs.
19-Jan 20-Jan 21-Jan 24-Jan 25-Jan
Tata group firm Trent reported a net profit of Rs 14.01 crore for the third quarter ended December
31, 2010.The company had a net profit of Rs 15.86 crore in the same period last fiscal.
NSE Turnover Rs Cr('000) Nifty State-run Steel Authority of India (SAIL) will set up a 3 million tonne plant at Central Kalimantan
5750 14 province of Indonesia, entailing a likely investment of up to Rs 15,000 crore.
5740
5730 13
5720 EIH Associated Hotels said its net profit rose by 49.32 per cent to Rs 9.96 crore for the quarter ended
13
5710 88.38 #DIV/0! December 31, 2010.The company had posted a net profit of Rs 6.67 crore, in the corresponding period last
5700 12 fiscal.
5690
5680 12
5670 Ahluwalia Contracts (India) said that it has bagged construction orders worth Rs 580 crore in the third
11 quarter of the present fiscal.The orders were for construction of residential and institutional
5660
5650 11 buildings, hotel, factories among others.
19-Jan 20-Jan 21-Jan 24-Jan 25-Jan
Chemicals maker Deepak Fertilisers & Petrochemicals Corp may invest up to Rs 100 crore over 18
months to set up a customised fertiliser unit.
`

January 27, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 25-Jan 24-Jan % Change CORPORATE NEWS
Consumer Durables 6,278 6,171 1.73 Non-ferrous metals and mining company Sterlite Industries reported a whopping
Capital Goods 13,707 13,669 0.28 60.27 per cent rise in its consolidated net profit at Rs 1,101 crore for the third quarter of
Power 2,813 2,805 0.28 the current fiscal on higher sales.Sterlite's net sales increased 24.37 per cent to Rs
PSU 8,883 8,898 (0.17) 8,294.32 crore during the quarter compared to Rs 6,669.28 crore during the October-
Metal 16,786 16,824 (0.22) December quarter of the last fiscal.
Teck 3,885 3,896 (0.29)
Agrochemicals maker United Phosphorus reported a consolidated net profit of Rs
Oil&Gas 9,685 9,725 (0.42)
82.68 crore for the quarter ended December 31, 2010, a growth of 26.8 per cent
IT 6,606 6,646 (0.60) compared to the corresponding year-ago period.The company had reported a net profit
Auto 9,290 9,388 (1.05) of Rs 65.1 crore for the quarter ended December 31, 2009.
Realty 2,487 2,518 (1.20)
Healthcare 6,451 6,533 (1.25) Aditya Birla Group firm Ultratech Cement said that it will invest around Rs 10,000 crore
FMCG 3,488 3,547 (1.67) over the next three years to enahnce its annual capacity by 9.2 million tonnes, expecting
Bankex 12,350 12,646 (2.34) up to 10 per cent growth in demand.
Drug firm Aurobindo Pharma said that it has received approval from the US health
regulator to manufacture and market generic levofloxacin tablets, used for treating
bacterial infections, in the American market.
Ipca Laboratories reported a 9.79 per cent jump in its net profit after tax for the quarter
BSE Upper Circuit Breakers ended December 31, 2010, at Rs 63.95 crore.The total revenue from active
Company Name 25-Jan 24-Jan % Change pharmaceutical ingredients business of the firm in the three-month period also surged
Filatex Fashions 10.0 9.1 10.00 by 8.70 per cent to Rs 118.72 crore from Rs 109.22 crore.
Visesh INFO 7.8 7.1 10.00
Kalyani Investment 865.9 824.7 5.00 Indian iron ore exporter Sesa Goa expects to sell higher volumes of iron ore in the
March quarter on strong demand from local and overseas steel firms and higher output
Intellivate Capital 630.0 600.0 5.00 0
in its home state of Goa.
Symphony 875.4 833.8 5.00
Deepak Fertilisers & Petrochemicals Corporation Ltd (DFPCL), a multi-product
company, posted 24 per cent decline in net profit at Rs 40.26 crore in the third quarter of
the current fiscal year.
Navratna PSU Coal India (CIL) is likely to float tenders for 18 mines that were
BSE Lower Circuit Breakers abandoned despite holding an estimated 1.6 billion tonnes of reserves in April and not
Company Name 25-Jan 24-Jan % Change this month, as announced earlier.
Lords Chemicals 124.8 131.4 (5.00)
Jeypore Sugar 149.7 157.5 (5.00) Drug firm Dr Reddy's Laboratories posted a consolidated net profit of Rs 273.14 crore
for the third quarter ended December 31, 2010.The company had a net loss of Rs 521.70
Jay Energy 111.0 116.8 (5.00)
crore in the same period last fiscal.The company's net income from sales and services
Simplex Papers 10.5 11.0 (5.00) stood at Rs 1,898.51 crore for the third quarter ended December 31, while the same was
Hindustan Hardy 85.1 89.6 (5.00) Rs 1,729.64 crore in the same period last fiscal.
Hindustan Unilever (HUL), the country's largest fast moving consumer goods
company, has posted a marginal decline of 1.78 per cent in net profit at Rs 637.51 crore
in the third quarter ending December 31, 2010 as compared to Rs 649.11 crore in the
corresponding quarter of the previous year. Total income during the period under
consideration, however, increased from Rs 4,573.23 crore to Rs 5,127.71 crore.
Healthcare chain Apollo Hospitals Enterprise said that it had received shareholders'
approval to raise about Rs 1,054.8 crore through issue of securities.
Bharat Forge, the world's second largest forgings maker, expects its joint venture with
France's Alstom to start production in 2013, as it continues to increase non-automotive
COMMODITY 25-Jan 24-Jan % Change revenue.
COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 87.5 87.9 (0.39)
Gold (Rs/10gm) 19,903.0 19,997.0 (0.47)
Silver (Rs/kg) 41,780.0 42,374.0 (1.40) Light Sweet Crude Oil on Tuesday was down by 0.39% at $87.5 per barrel. Gold closed
down by 0.47% at Rs 19,903 and Silver closed down by 1.40% at Rs. 41,780.
CURRENCY 25-Jan 24-Jan % Change The Indian Rupee closed higher against the dollar at 45.48 as the Indian equity
INR / USD 45.48 45.67 (0.42) benchmarks ended on negative note.
USD / Euro 1.36 1.36 -
Yen / USD 82.21 82.53 (0.39)

January 27, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
OIL 1273.9 1,283.0 0.71 McDonald's Corp plans to raise prices this year to help offset an expected rise in its
RUCHISOYA 116.6 117.2 0.56 grocery bill for the 10 commodities that account for around 75 per cent of its food
SOBHA 279.7 281.1 0.50 preparation costs.
BOMDYEING 428.4 430.4 0.48
COREPROTEC 321.2 322.6 0.45 The International Monetary Fund today raised growth forecast for global economy
BANKBARODA 868.9 872.6 0.43 to 4.4 per cent while retaining the projection for India at 8.4 per cent for calendar
CONCOR 1224.8 1,215.0 (0.80) year 2011.
GESHIP 328.4 326.1 (0.70)
The Reserve Bank of India (RBI) today said efforts should be made to attract more
ACC 1018.6 1,011.6 (0.69) Foreign Direct Investment (FDI) in the country, as they are more stable than
ALBK 218.9 217.4 (0.66) portfolio investments.
BPCL 631.0 627.3 (0.59)
DABUR 98.6 98.1 (0.56) India and Indonesia today agreed to commence negotiations on a bilateral market
opening pact to enhance trade between the two nations to $25 billion by 2015 from
INSTITUTIONAL ACTIVITY (Rs Cr) 14-Jan 13-Jan YTD about $11 billion last fiscal.
FII Cash Net (695) (113) 129,439
FII Stock Futures 207 438 (12,040) The Reserve Bank of India (RBI) raised interest rates on Tuesday by 25 basis
FII Index Futures (36) 208 (10,840) points, as expected, to clamp down on resurgent inflation, warning higher food
prices could become entrenched if steps to boost output are not taken.Even though
Mutual Fund (99) (93) (27,937)
the RBI has raised its policy rates seven times since March, it said that the balance of
risks had tilted towards stronger inflation and it stood ready to respond if price
VALUATIONS P/E P/B DIV YLD pressures increased.
BSE 21.3 3.6 1.1
NSE 22.0 3.6 1.1
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 %
NTPC 195.90 1.85 Blue Star 433.25 8.41 Camlin 60.9 19.06
Hero Honda 1,778.50 1.62 Eclerx Serv 656.25 6.74 Hercules Hoist 278.55 11.49
Hindalco Inds 235.10 1.31 Anant Raj Inds 104.1 6.28 Splash Media 129.4 9.75
Tata Steel 655.10 0.96 Money Matters 116.25 4.97 Well Pack Papers 14.35 9.54
Bharti Airtel 336.85 0.9 Shree Ashtavina 7.5 4.9 Timex Group 38.85 7.77
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hindustan Unilever 281.65 -5.45 BOC India 312.15 -6.18 Shristi Infra 211 -8.32
ICICI Bank 1,038.30 -4.21 Manappuram Gen 132.35 -5.46 Sezal Glass 5.16 -7.69
HDFC Bank 2,087.00 -2.85 Simplex Infra 333.95 -4.86 Hyderabad Inds 437.7 -6.69
Mahindra & Mahindra 770.50 -2.25 Redington India 67.55 -4.72 Astral Poly 136.95 -5.81
Tata Motors 1,165.30 -1.91 Kirloskar Oil Engines 172.35 -4.41 Indiabulls Sec 20.7 -5.48
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