January 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 27-Jan 25-Jan % Change COMMENTARY
BSE Sensex 18,684 18,969 (1.50) INDIA
NSE Nifty 5,604 5,687 (1.46) After remaining relatively calm through most of the day the Indian markets caved in during the last one
BSE Midcap 7,087 7,223 (1.88) hour, forming a Sanctum of bears. Heavy selling was seen across the board with the NSE Nifty nose-diving
BSE Smallcap 8,864 8,985 (1.35) below its 200 DMA and the BSE Sensex cracking by almost 300 points. The weakness was accentuated by
Nifty Junior 11,120 11,384 (2.31) the F&O expiry as traders seemed to rollover their short positions to the next month’s series amid
CNX Midcap 8,068 8,243 (2.13) persistent uncertainty over the near-term prospects for the Indian markets. The Nifty and the Sensex fell
by about 8% each during the January series.The BSE Sensex slipped 285 points to close at 18,684 and the
NSE Nifty lost 83 points to end at 5,604.The BSE Mid-Cap index lost 2% and BSE Small-Cap index lost
1.35%.
GLOBAL MARKETS 27-Jan 26-Jan % Change
Dow Jones Ind (USA) 11,990 11,985 0.04 The market breadth was negative. Out of 2885 stocks traded on the BSE, there are 1051 advancing stocks
Nasdaq Composite(USA) 2,755 2,740 0.55 as against 1719 declines.
S&P 500 (USA) 1,299 1,297 0.19
FTSE 100 (UK) 5,965 5,969 (0.07) GLOBAL MARKETS.
DAX (Germany) 7,156 7,127 0.41 U.S. stocks rose, with the Standard & Poor’s 500 Index gaining a fifth day, as home sales and Qualcomm
Nikkei 225 (Tokyo) 10,479 10,402 0.74 Inc.’s forecast beat projections, offsetting Japan’s credit downgrade and higher-than-estimated jobless
Hang Seng (Hong Kong) 23,780 23,843 (0.26) claims.The Dow average rose above 12,000 for the first time since June 2008 yesterday after the Federal
Shanghai Comp (China) 2,749 2,709 1.49 Reserve maintained stimulus measures and new-home sales topped projections.The S&P 500 rose 0.2
percent to 1,299. The index has gained 1.5 percent over its five-day advance. The Dow Jones Industrial
KOSPI (South Korea) 2,115 2,110 0.22
Average added 4.39 points, or less than 0.1 percent, to 11,990.
STI (Singapore) 3,220 3,221 (0.02)
MSCI Emerging Market 436 434 0.46 Asian markets have opened on a mixed note Nikkei 225 is down by 1 percent and Hang Seng is having a
MSCI Frontier Market 612 614 (0.33) volatile opening session.
BOND MARKETS 27-Jan 25-Jan Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.18 8.19 (0.01) Arvind Ltd reported its Q3FY11 results its consolidated net profit galloped 611% to Rs. 48 crore on 22%
1yr G-Sec Yield 7.22 7.48 (0.26) rise in revenue at Rs. 1004 crore in Q3 December 2010 over Q3 December 2009.The mid-cap stock had
LIBOR (6m) 0.45 0.45 0.00 outperformed the market over the past one month till 25 January 2011, declining 0.70% compared with
LIBOR (1m) 0.26 0.26 0.00 the Sensex's 5.50% fall. It had also outperformed the market in past one quarter, rising 12.55% as against
Interbank Call rate 6.7 6.7 (0.03) Sensex's decline of 6.57%.
Private sector lender HDFC Bank reported a 32.9 per cent growth in net profit at Rs 1,087.83 crore for the
third quarter ended December 2010.Total income of the bank rose to Rs 6,357.8 crore at the end of
BSE Turnover Rs Cr('000) Sensex December quarter, from Rs 4,933.9 crore in the same period last year.
19200 4.0
19100 3.5 JSW Steel the Mumbai-based steel maker reported a 25.65 per cent dip in net to Rs 382.30 crore though
19000 3.0 sales touched a record.The Sajjan Jindal-led firm, which clocked its highest-ever quarterly sales during the
18900 2.5 period at 1.593 million tonnes on enhanced production at its Vijaynagar facility, had reported Rs 514.23
18800 crore net profit in the same quarter last fiscal.
2.0
18700
18600 1.5
The government said that the Rs 7,000-crore follow-on public offer of the state-owned Power Finance
18500 1.0
Corporation (PFC) is likely to come around April or May this year.
18400 0.5
18300 0.0 Faced with a financial crisis, Railways have put on hold all PPP projects including proposed plants at
20-Jan 21-Jan 24-Jan 25-Jan 27-Jan Kanchrapara in West Bengal and Madhepura and Marhora in Bihar.
Pharmaceutical firm Lupin reported a 39.50 per cent rise in its consolidated net profit at Rs 224.03 crore
for the quarter ended December 31, 2010.The company had posted a net profit of Rs 160.60 crore in the
NSE Turnover Rs Cr('000) Nifty corresponding period previous fiscal.
5800 18
16 IRB Infrastructure Developers Limited, one of the largest toll road operating companies in India has
5750
14 declared its results for quarter ended December 31, 2010. IRB has declared a profit of Rs1.36bn on total
5700 12
88.38 #DIV/0! income of Rs. 6.81bn for the Q3FY11. Income from operations increased to Rs. 6.69bn, up by 55%, from Rs.
10
5650 4.33bn for Q3FY10.
8
5600 6
4 Textile major S Kumars Nationwide (SKNL) said that it plans to come out with a Rs 1,000 crore-IPO for its
5550 subsidiary, Reid & Taylor India (RTIL), by end-this fiscal
2
5500 0
20-Jan 21-Jan 24-Jan 25-Jan 27-Jan Marico reported 11.78 per cent increase in its consolidated net profit for the quarter ended December
31, 2010 at Rs 69.53 crore, helped by a robust performance in the rural areas.The company had posted a
net profit of Rs 62.20 crore in the corresponding period previous year.
`

January 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 27-Jan 25-Jan % Change CORPORATE NEWS
FMCG 3,448 3,488 (1.14) Bajaj Electricals reported a 19.07 per cent rise in its net profit at Rs 40.59 crore for the
IT 6,529 6,606 (1.17) quarter ended December 31, 2010.The company had posted a net profit of Rs 34.09
crore in the corresponding period previous year.
Power 2,777 2,813 (1.27)
Auto 9,168 9,290 (1.30)
Mukesh Ambani-led Reliance Retail plans to open 20 toy stores of the UK-based
Capital Goods 13,513 13,707 (1.42) Hamleys in India over the next seven years at an investment of Rs 120 crore.
PSU 8,752 8,883 (1.47)
Teck 3,826 3,885 (1.53) Hindustan Motors, maker of iconic Ambassador cars, reported a net profit of Rs 15.80
Oil&Gas 9,529 9,685 (1.61) crore for the quarter ended December 31, 2010.The company had posted a net loss of Rs
Consumer Durables 6,164 6,278 (1.81) 24.89 crore in the corresponding period previous year.The net sales during the third
Bankex 12,122 12,350 (1.85) quarter of this fiscal stood increased by 1.06 per cent to Rs 151.60 crore from Rs 150.01
Metal 16,455 16,786 (1.98) crore in the year-ago period.
Healthcare 6,283 6,451 (2.61)
Media firm UTV Software Communications, which posted a 6 per cent rise in its third-
Realty 2,399 2,487 (3.57) quarter consolidated net profit, plans to launch two new channels next fiscal.
Low-cost carrier SpiceJet reported a 13.31 per cent dip in its net profit for the quarter
ending December 31 at Rs 94.44 crore.The airline had posted a net profit of Rs 108.94
crore in the October-December quarter last fiscal.
BSE Upper Circuit Breakers Public sector lender Dena Bank reported a 15.38 per cent jump in its net profit to Rs
Company Name 27-Jan 25-Jan % Change 155.21 crore in the quarter ended December 31, 2010.The bank had posted a net profit
of Rs 134.52 crore in the corresponding period the previous year.
Compact Disc 52.8 44.0 20.00
Reliable Ventures 19.8 18.0 10.00 Reliance Ventures (RVL), a wholly-owned subsidiary of Reliance Industries (RIL), and
Rotam Commercials 21.5 19.5 10.00 Infrastructure Leasing and Financial Services (IL&FS) will jointly develop a model
Sri Nachammai Cotton 48.4 44.0 10.00 0
economic township and other infrastructure facilities at Jhajjar in Haryana.IL&FS will
Symphony 919.2 875.4 5.00 acquire a 45 per cent equity interest in the new company. RVL and Haryana government
will hold 45 per cent and 10 per cent, respectively.
Hair oil major Marico said it will increase the prices of its products by up to nine per
cent in a bid to offset high input costs.The company is also planning to invest about Rs
60 crore during 2011-12 financial year in its capital assets.
BSE Lower Circuit Breakers IT firm HCL Technologies have entered into a partnership with the Indonesia-based
Company Name 27-Jan 25-Jan % Change Lippo Group to offer IT outsourcing in that country.PT Multipolar Technology, the
Lords Chemicals 118.6 124.8 (5.00) subsidiary of the Lippo Group, has signed a memorandum of understanding with the
Jeypore Sugar 142.2 149.7 (5.00) Indian IT firm.
Jay Energy 105.5 111.0 (5.00)
Simplex Papers 10.0 10.5 (5.00) Thermax Ltd has posted a net profit of Rs. 1002.20 mn for the quarter ended December
Binny 111.5 117.3 (5.00) 31, 2010 as compared to Rs. 565.07mn for the quarter ended December 31, 2009.Total
Income has increased from Rs. 7556.12mn for the quarter ended December 31, 2009 to
Rs. 12528.54mn for the quarter ended December 31, 2010.
Telecom operators has added a 22.88 mn mobile subscribers in November
2010, according to a report.
Tata Power (TPC) said that its retail consumer base in Mumbai has crossed 1-lakh mark
in the last one year.
Phoenix Mills reported an over two-fold rise in its consolidated net profit after tax (PAT)
for the quarter ended December 31, 2010, at Rs 23.77 crore and net profit after tax of Rs
10.19 crore in the corresponding period previous year
COMMODITY 27-Jan 26-Jan % Change COMMODITY explorer Oil India will relinquish two exploration blocks in Libya.
India's state-run / CURRENCY NEWS
Crude Oil (USD/bbl) 85.8 87.5 (1.95)
Gold (Rs/10gm) 19,706.0 19,903.0 (0.99)
Silver (Rs/kg) 41,787.0 41,780.0 0.02 Light Sweet Crude Oil on Thrusday was down by 1.95% at $85.8 per barrel. Gold closed
down by 0.99% at Rs 19,70 and Silver closed flat at Rs. 41,787.
CURRENCY 27-Jan 26-Jan % Change The Indian Rupee closed lower against the dollar at 45.68 as the Indian equity
INR / USD 45.68 45.48 0.44 benchmarks ended on negative note.
USD / Euro 1.37 1.36 0.74
Yen / USD 83.01 82.21 0.97

January 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
ISPATIND 24.6 24.6 0.20 Snapping the downward trend oftwo consecutive weeks, food inflation inched up
NATIONALUM 390.7 391.4 0.18 marginally to15.57 per cent for the period ended January 15, on account
STRTECH 61.6 61.7 0.16 ofescalating vegetable prices, particularly,onions.Food inflation for the week ended
GLAXO 2234.8 2,237.9 0.14 January 8, was recordedat 15.52 per cent.
GMRINFRA 40.1 40.2 0.12
MRF 6651.0 6,659.0 0.12 India-China bilateral trade in 2010 surpassed $60 billion target at $61.7
3IINFOTECH 53.7 53.5 (0.28) billion, driven by the surge in Indian imports of Chinese telecom and power
generation machinery to aid the country's infrastructure expansion.
TATACOMM 241.2 240.7 (0.23)
NHPC 25.8 25.7 (0.19) Faced with extensive damage to the kharif crop due to unseasonal rain during the
ALOKTEXT 26.8 26.8 (0.19) harvesting period in December, Orissa government today targeted production of
ORBITCORP 65.8 65.7 (0.15) about 22 lakh tonnes crop during the rabi cultivation.
GVKPIL 33.3 33.3 (0.15)
After registering positive growth for three months in a row, India's apparel exports
INSTITUTIONAL ACTIVITY (Rs Cr) 14-Jan 13-Jan YTD again slipped about three per cent to $716 million in November year-on-year, due to
FII Cash Net (695) (113) 129,439 less demand from the West and rising input cost.
FII Stock Futures 207 438 (12,040)
FII Index Futures (36) 208 (10,840) Standard & Poor's (S&P) on Thursday said that it was cutting Japan's long-term
sovereign credit rating to "AA-" from "AA", and reaffirmed the short-term ratings at
Mutual Fund (99) (93) (27,937)
"A-1 plus".
VALUATIONS P/E P/B DIV YLD Foreign direct investment in the country's service sector declined by 24 per cent to
BSE 20.9 3.5 1.1 $2.59 billion (Rs 11.885 crore) during April-November of the current fiscal, according
NSE 21.6 3.5 1.1 to industry ministry's latest data.The financial and non-financial services sector had
BSE500 Mcap/GDP Ratio 0.61 attracted FDI worth $3.43 billion (Rs 16,566 crore) during April-November 2009-10.
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Tata Motors 1,194.25 2.48 Atlas Copco 2129.65 13.92 PI Inds 589.4 15.06
TCS 1,199.15 0.62 Sterling Intl 245.4 6.1 Andhra Cements 10.3 9.93
- - - IBN18 Broad 98 5.83 Well Pack Papers 15.45 7.67
- - - Money Matters 122.05 4.99 KPR Mill 184.85 5.96
- - - Network18 Media 147.6 4.98 Atco Corp 98.3 5.59
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
DLF 239.95 -5.42 Jyothy Lab 237.5 -11.6 TALWALKAR 209.05 -13.08
Sterlite Inds 169.45 -5.28 Sanwaria Agro 143.5 -9.97 SREI Infra 89.6 -11.07
Mahindra & Mahindra 733.00 -4.87 Blue Star 395.2 -8.78 Pricol 18.3 -10.51
Reliance Comm 127.65 -3.88 Deccan Chron 91.7 -7.56 Splash Media 117 -9.58
Hindustan Unilever 271.00 -3.78 Spicejet 68.7 -7.35 AQUA LOGIST 30 -9.09
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