1. April 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 27-Apr 26-Apr % Change COMMENTARY
BSE Sensex 19,448 19,545 (0.50) INDIA
NSE Nifty 5,833 5,868 (0.60)
BSE Midcap 7,238 7,239 (0.01) Indian equities could not sustain early gains and closed lower in a choppy session, as investors across the
BSE Smallcap 8,897 8,897 0.00 globe awaited the outcome of the Federal Reserve's policy meeting and Ben Bernanke's news conference.
Nifty Junior 11,598 11,559 0.34 Wipro's downbeat earnings and guidance set the negative tone, sending the company's stock down. The
CNX Midcap 8,338 8,331 0.08 broader indices managed to perform slightly better than the main indices. The mood in the past few sessions
has been impacted by FII selling and mixed earnings from India Inc. Also, macro concerns such as inflation
and crude oil continue to be elevated and way beyond the comfort zone of policymakers. The BSE Sensex
GLOBAL MARKETS 27-Apr 26-Apr % Change closed at 19,448, down 97 points over the previous close. The NSE Nifty finished at 5,833, down 34 points
from the last close. The BSE Small-Cap index and the BSE Mid-Cap index finished unchanged for the second
Dow Jones Ind (USA) 12,691 12,595 0.76 day running.
Nasdaq Composite(USA) 2,870 2,848 0.78 The market breadth was marginally negative. Out of 2,987 stocks traded on the BSE, there were 1,317
S&P 500 (USA) 1,356 1,347 0.62 advances as against 1,558 declines.
FTSE 100 (UK) 6,068 6,070 (0.03)
DAX (Germany) 7,404 7,356 0.65 GLOBAL MARKETS
Nikkei 225 (Tokyo) 9,691 9,559 1.38
Hang Seng (Hong Kong) 23,892 24,007 (0.48) U.S. stocks rose, giving the Standard & Poor’s 500 Index the fifth gain in six days, as the Federal Reserve
Shanghai Comp (China) 2,925 2,939 (0.48) renewed its pledge to stimulate growth with low rates and said a pickup in inflation is likely to be temporary.
KOSPI (South Korea) 2,206 2,206 (0.01) The Fed left its benchmark interest rate in a range of zero to 0.25 percent and retained a pledge in place
since March 2009 to keep it “exceptionally low” for an “extended period.” The S&P 500 added 0.6 percent to
STI (Singapore) 3,182 3,172 0.32
1,356. The Dow Jones Industrial Average gained 0.76 percent, to 12,691.
MSCI Emerging Market 458 459 (0.22)
MSCI Frontier Market 570 570 0.00 Asian markets have opened positive on the back of Fed’s move to keep the rate unchanged. Nikkei is up by
1.32 percent and Hang Seng is up by 0.64 percent.
BOND MARKETS 27-Apr 26-Apr Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.09 8.12 (0.03) India’s third-largest IT services company Wipro’s consolidated net profit registered a year-on-year (y-o-y)
1yr G-Sec Yield 7.76 7.75 0.01 growth of 14% for the fourth quarter ended on March 31, 2011, powered by the demand from outsourcing
LIBOR (6m) 0.46 0.46 0.00 services from the clients. The net revenue of the company’s flagship IT services business stood at Rs 6,289
LIBOR (1m) 0.26 0.26 0.00 crore an increase of 20% y-o-y. For the January-March period of the FY11, the revenues of the company
Interbank Call rate 7.0 6.9 0.01 stood at Rs 8,302 crore an increase of 18% y-o-y.
Mid-sized IT firm Patni Computer Systems reported a growth of 3.33% in consolidated net profit to Rs
162.28 crore for the first quarter ended March 31, 2011. As per Indian accounting standards, the company
BSE Turnover Rs Cr('000) Sensex
registered a net profit of Rs 157.04 crore in the same period last year,
19600 4.0
3.5 United Breweries reported a net profit of Rs 40.09 crore for the quarter ended March 31, 2011. The
19550 3.0 company had posted a net profit of Rs 26.15 crore in the corresponding quarter of previous fiscal.
19500 2.5
Drug firm Abbott India posted a net profit of Rs 5.94 crore for the quarter ended March 31, 2011.The
2.0
19450 company had a net profit of Rs 11.80 crore for the quarter ended February 28, 2010
1.5
19400 1.0 Mahindra & Mahindra, one of India's leading auto makers, has announced the launch of its next
0.5 generation passenger carrier Maxximo Mini Van priced at Rs 3.2 lakh.
19350 0.0
20-Apr 21-Apr 25-Apr 26-Apr 27-Apr Tata Power Company (TPC) said that it will invest Rs 1,300 crore in 2011-12 to add 185 MW generation
capacity from wind and solar energy.
Consumer products major Dabur reported a 10.4% hike in net profit for the quarter ended March 31, 2011
NSE Turnover Rs Cr('000) Nifty to Rs 147.03 crore versus Rs 133.23 crore reported last year. Net sales, on the other hand, was up 30.4% for
5890 16 the quarter under review to Rs 1,108.22 crore versus Rs 848.58 crore reported last year.
5880 14
5870 12 Fabric whitener and detergent maker Jyothy Laboratories Ltd is in advanced talks to buy Henkel AG's
5860 88.38 10
#DIV/0! 51% stake in its Indian arm Henkel India for Rs 900 crore ($202.8 million). On March 16, Jyothy picked up a
5850 8 14.9% stake in Henkel India from Tamilnadu Petroproducts for Rs 60.73 crore.
5840 6
5830 4 IT firm Tata Elxsi reported a decline of 33.39% in its consolidated net profit at Rs 32.51 crore for the year
5820 2 ended March 31, 2011.
5810 0
20-Apr 21-Apr 25-Apr 26-Apr 27-Apr Automobile lubricant maker Castrol India Ltd reported a jump of 16.55% in its net profit at Rs 136.6 crore
for the first quarter ended March 31, 2011. The company had a net profit of Rs 117.2 crore in the same
period last year.
Financial technology company Polaris Software Lab have made a foray into the cloud computing space
by making an investment in a digital identity authentication services provider, IdenTrust.

2. April 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 27-Apr 26-Apr % Change CORPORATE NEWS
PSU 9,214 9,169 0.49% Battery maker Exide Industries posted a 22% jump in its net profit to Rs 164 crore in
FMCG 3,757 3,739 0.49% the fourth quarter ended March 31, 2011 as compared to the same quarter previous
CD 6,508 6,491 0.26% fiscal. During the period the company clocked a net sales of Rs 1,226 crore, a 19%
HC 6,199 6,191 0.14% increase over the corresponding quarter previous fiscal.
TECk 3,763 3,764 -0.04%
AUTO 9,663 9,678 -0.16% Blue Dart Express Limited, an express air and integrated transportation, distribution
IT 6,231 6,244 -0.21% and logistics company, declared its financial results for the first quarter (Q1) ended
March 31, 2011. The company posted Rs 36.11 cr profit after tax for the quarter ended
OIL&GAS 10,046 10,093 -0.47%
March 31, 2011.
BANKEX 13,423 13,520 -0.72%
POWER 2,704 2,724 -0.76% Telecom services provider Tata Communications said that its shareholders have
METAL 16,587 16,723 -0.81% given nod to merge Tata Communications Internet Services with itself.
CG 13,546 13,710 -1.20%
REALTY 2,310 2,346 -1.55% State-owned Oil and Natural Gas Corp (ONGC) said that it has made two oil and gas
discoveries in Gujarat.
Thermax, solution provider in energy and environment engineering, today said it has
bagged an order worth Rs 366 crore for setting up a 120-MW captive power plant.
Travel services provider Cox & Kings said that its board has approved a proposal to
BSE Upper Circuit Breakers
split its stock besides plans to raise up to Rs 1,500 crore through issue of fresh shares
Company Name 27-Apr 26-Apr % Change or other instruments.
Cubical Financial Services Ltd. 26.0 24.8 5.00
Bcc Finance Ltd. 51.5 49.0 5.00 Software-to-soaps firm Wipro said that it has received court approval to merge Wipro
Devine Impex Ltd. 13.7 13.0 5.00 Yardley Consumer Care, a subsidiary firm, with itself.
Neelamalai Agro Industries Ltd. 332.9 317.0 5.00 0
Sumeru Industries Ltd. 0.4 0.4 5.00 Toys and gift articles maker Hanung Toys & Textiles Ltd said that it has extended
the closing date of its $32 million (over Rs 140 crore) Global Depositary Receipts (GDR)
issue till May 6, 2011.
Areva T&D India said that it has bagged an order worth Rs 120 crore related to an
upcoming super thermal power plant in Chattisgarh.
BSE Lower Circuit Breakers Leading consumer good firms Dabur, Godrej and Wipro Consumer Care & Lighting
Company Name 27-Apr 26-Apr % Change said that they will consider going for another round of price hike to offset high input
Real Strips 89.5 99.4 (10.00) cost as high raw material prices continue to be a challenge.
Alpha Hi-Tech Fuel Ltd. 2.2 2.4 (9.70)
Sampada Chem 159.8 168.2 (5.00) Smart Q1 numbers lifted Bosch stock to 1-yr high as the company reported 35.45%
Twilight Litaka Pharma Ltd 59.7 62.8 (4.90) increase in net profit for the quarter ended March 31, 2011.
Ram Kaashyap 8.1 8.5 (4.90)
Kinobeo Software, which runs e-commerce site mydala.Com, said that it will
received investment of Rs nine crore from Info Edge, which runs recruitment portal
Naukri.Com. The funds will be used to expand operations and widening geographical
reach as well as customer acquisition, Kinobeo Software said in a statement.
Hindusthan National Glass Industries Ltd said it plans to invest up to Rs 5,000 crore
in the next five years to set up new facilities and expand existing capacity. The firm,
which had a total production capacity of 9.40 lakh tonnes in the last fiscal expects it to
go up to 12 lakh tonnes in 2011-12.
Financial services firm Religare Enterprises said that it will raise as much as Rs 800
crore through issuance of equity shares on rights basis.
COMMODITY 27-Apr 26-Apr % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 125 124 0.91
Gold (Rs/10gm) 21,960 21,871 0.41 Brent Crude Oil gained 0.91% and closed at $125 per barrel. Gold closed up by 0.41% at
Rs 21,960 and silver closed unchanged at Rs 66,973.
Silver (Rs/kg) 66,973 66,975 (0.00)
The Indian Rupee closed higher against the dollar at Rs 44.47 as the Indian equity
CURRENCY 27-Apr 26-Apr % Change benchmarks ended on a negative note.
INR / USD 44.47 44.49 (0.04)
USD / Euro 1.47 1.46 0.43
Yen / USD 82.29 81.65 0.78

3. April 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
Cummins India 708.0 714.0 0.85 Tata Power Company (TPC) said that it will invest Rs 1,300 crore in 2011-12 to add 185
OFSS 2085.0 2,098.5 0.65 MW generation capacity from wind and solar energy.
Kotak Bank 456.2 458.8 0.58
Arevat&D 291.2 292.9 0.57 The UK economy bounced back in the first quarter of 2011 from the previous quarter's
Neyveli Lignite 115.7 116.4 0.56 contraction, spurred by the strongest expansion in the service industry in four years.
Havells 410.1 412.3 0.54 Gross Domestic Product (GDP) expanded by 0.5% compared to the final quarter of
Patni 460.0 442.9 (3.72) 2010, the Office for National Statistics (ONS) reported on Wednesday. Compared to
Core Project 309.1 307.0 (0.66) the first quarter of 2011, UK's GDP grew by 1.8%.
Ranbaxy 469.8 467.1 (0.56)
Two of the world's leading steel-makers, ArcelorMittal and Posco, had proposed to
Essaroil 136.9 136.2 (0.55)
invest Rs 91,000 crore for setting up mega steel units in Orissa, but their actual
Cairn 348.2 346.8 (0.39)
investment was negligible even about half a decade after signing MoUs with the state
ABB 853.3 850.7 (0.30) government.
INSTITUTIONAL ACTIVITY (Rs Cr) 21-Apr 20-Apr YTD Leading private sector insurer SBI Life Insurance today reported a 33% growth in net
FII Cash Net 623 463 8,510 profit at Rs 366 crore for the financial year ended March 2011 on the back of increase
FII Stock Futures 84 (121) (2,000) in renewal premium income.
FII Index Futures 204 859 863
Mutual Fund (56) (4) (479) BP reported a 2% drop in first-quarter profits, falling short of analysts' forecasts, as
the lingering effects of the oil spill frustrated Chief Executive Bob Dudley's attempts to
VALUATIONS P/E P/B DIV YLD turn around the oil giant.
BSE 20.9 3.7 1.1
US healthcare conglomerate Johnson & Johnson is expected to announce a $21.5
NSE 21.8 3.7 1.1
billion deal to buy Swiss medical device maker Synthes on Wednesday,
BSE500 Mcap/GDP Ratio 0.63
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
ONGC 311.6 2.57 Raymond 366.8 10.43 Shasunphar 78.45 20.0
Mahindra & Mahindra 768.5 1.61 Blue Dart 1492.6 8.68 Kirloskar Bros 178.3 15.7
Maruti Suzuki 1315.5 1.1 Hindusthan Nat 222.4 6.39 Oil Country Tub 90.7 14.4
ITC 193.3 0.86 Honeywell Auto 2555.0 5.92 Mahindra Forg 77.9 7.7
Bharti Airtel 384.6 0.77 Motherson Sumi 230.0 5.58 Manali Petro 15.6 7.6
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Wipro 450.8 -2.86 Sunteck Realty 330.4 -5.44 Subex 69.4 -8.3
Jaiprakash Asso 97.1 -2.66 KGN Inds 85.5 -4.95 Birla Power-$ 1.1 -5.8
BHEL 2020.0 -2.3 Sadbhav Engr 137.7 -4.58 Genesys Intl 161.3 -5.3
Reliance Infra 667.6 -2.22 Ballarpur Inds 34.4 -4.45 Aditya Birla Chem 132.3 -5.3
Hero Honda 1741.7 -1.67 City Union Bank 44.5 -3.68 NIIT Tech 192.1 -5.1
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Glory Polyfilms Planet Investments & Finance BUY 1.50% 4.0
Rohit Ferro Kanta Agarwal BUY 1.26% 43.1
MSP Steel Padmini Viniyog BUY 1.15% 68.0
Gujarat Foils Vardhman Investment SELL 0.84% 102.1
Intl Conveyors Mavi Investment Fund SELL 0.75% 18.2
BSE
Agio Paper Pratik Kantilal Paleja BUY 0.54% 7.1
Amrutanjan Health Eureka Stock & Share Broking Services Ltd BUY 0.66% 746.5
Asahi Infra Indravarun Trade Impex Pvt Ltd BUY 0.80% 10.3
Bafna Spinning Kanika Batra SELL 5.40% 0.4
Dhoot Indl Fin Bafna Earth Movers Limited SELL 0.74% 16.0