1.
May 31, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 30-May 27-May % Change COMMENTARY
BSE Sensex 18,232 18,266 (0.19) INDIA
NSE Nifty 5,473 5,476 (0.05) The Indian stock markets started off the week on a quite note. It was another day of lackluster trading; the
BSE Midcap 6,788 6,730 0.85 NSE Nifty was stuck in a 20 points narrow trading range and was unable to find any specific direction
BSE Smallcap 8,155 8,110 0.55 throughout the day ahead of the quarterly GDP numbers to be announced today.
Nifty Junior 11,241 11,149 0.83 Market sentiment got a boost after reports stated that monsoon hit Kerala two days ahead of schedule.
CNX Midcap 7,946 7,875 0.90 Besides the GDP data, monthly auto sales, manufacturing PMI and exports figures during the course of the
week also would play important market determinants. Technically, 5520 levels on the NSE Nifty might act as
a critical resistance on the breach of which the Nifty would surge towards the 5600 levels in the coming
GLOBAL MARKETS 30-May 27-May % Change days, all eyes would be on the GDP numbers to be released today. The BSE Sensex ended at 18,232 shedding
34 points. While, the NSE Nifty closed flat at 5,473. The BSE Small-Cap index ended higher by 0.8% and 0.55%
Dow Jones Ind (USA)* 12,442 12,442 0.00
respectively.
Nasdaq Composite(USA)* 2,798 2,798 0.00
S&P 500 (USA)* 1,331 1,331 0.00 GLOBAL MARKETS *
FTSE 100 (UK)* 5,939 5,939 0.00 The Dow and S&P 500 closed out their fourth week of losses with a small gain on Friday, but only with the
DAX (Germany) 7,160 7,163 (0.04) help of a weaker dollar boosting metals prices and basic materials stocks. . The greenback fell broadly after
Nikkei 225 (Tokyo) 9,505 9,522 (0.18) weaker-than-expected U.S. consumer spending and housing data stoked worries that the economic recovery
Hang Seng (Hong Kong) 23,184 23,118 0.29 is losing momentum. The Dow Jones industrial average added 0.31%, to 12,442. The Standard & Poor's 500
Shanghai Comp (China) 2,706 2,709 (0.11) Index rose r 0.38%, to 1,331. The Nasdaq Composite Index gained 0.54%, to 2,798.
KOSPI (South Korea) 2,094 2,100 (0.30)
STI (Singapore) 3,140 3,135 0.16 Asian stocks rose, with the regional benchmark index paring the biggest monthly decline in a year, amid
speculation European officials will sanction more assistance for Greece.Nikkei is up by a percent and Hang
MSCI Emerging Market 439 434 1.15
Seng is also up by half a percent.
MSCI Frontier Market 545 543 0.37
*US & UK market were closed on Monday 30th May 2011 on account of Memorial Day.
BOND MARKETS 30-May 27-May Change
10yr G-Sec Yield 8.43 8.44 (0.01) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.29 8.29 (0.00) Mahindra & Mahindra (M&M), country's top utility vehicle maker, reported a 6.3% rise in net profit for
LIBOR (6m) 0.46 0.46 0.00 the quarter ended March 31, 2011, at Rs 606 crore ($134 million) as compared to Rs 570 crore in the
LIBOR (1m) 0.25 0.25 0.00 corresponding quarter last year.The company also reported a 27.5% jump in its net profit for the fiscal
Interbank Call rate 7.39 7.40 (0.01) year ended March 31, 2011. The net profit stood at Rs 2,662.1 crore against Rs 2,087.8 crore in the previous
year.It also plans to launch eight new vehicles in the current fiscal year that started on April 1, its
automotive president Pawan Goenka said on Monday.
BSE Turnover Rs Cr('000) Sensex
State-owned Oil and Natural Gas Corporation (ONGC) reported 26% drop in its quarterly consolidated
18400 4.0 net profit on increase in fuel subsidy burden.Consolidated net profit in January-March dropped 26% to Rs
18300 3.5 2,791 crore, from Rs 3,776 crore in the same period a year ago.
18200 3.0
State-owned Bharat Petroleum Corp Ltd (BPCL) reported a 33% jump in its consolidated net profit in
18100 2.5 the quarter ended March 31 on back of higher refining margins.Net profit rose to Rs 935.18 crore in fourth
18000 2.0 quarter of 2010-11 fiscal from Rs 703.18 crore in the same period the previous year
17900 1.5
17800 1.0 Tata Consultancy Services (TCS) have announced the launch of TCS Bancs Treasury 5.0, an
17700 0.5 integrated, multi-entity, multi-currency treasury solution, for providing support to front, mid- and back-
17600 0.0 offices.
24-May 25-May 26-May 27-May 30-May
Sun Pharmaceutical Industries have posted consolidated net profit rose 12.2% to Rs 442.75 crore for the
quarter ended March 31, 2011, while its consolidated net profit for the financial year ended March
31, 2011, stood at Rs 1,816.06 crore.The company, which reported consolidated net sales of Rs 5,721 crore
for the year ended March 31, 2011, said it expected a growth of 28-30% in the current fiscal.
5500 NSE Turnover Rs Cr('000) Nifty 16
14 IVRCL Limited, a Hyderabad-based engineering and construction company, has bagged orders
5450 12 aggregating to Rs 893.66 crore for execution of water, buildings, power and transportation works.
5400 88.38 #DIV/0!
10
8 Pipavav Shipyard on Monday said it won an order from the Indian Navy worth Rs 2,975 crroe and swung
5350 6 to a consolidated net profit in full year FY11.
5300 4
2 Diversified firm Aditya Birla Nuvo said that its consolidated net profit surged over two-fold to Rs 223.91
5250 0 crore for the quarter ended March 31, 2011, over the same period previous fiscal.The company had
24-May 25-May 26-May 27-May 30-May reported a net profit of Rs 109.70 crore in the same period previous fiscal.
JK Paper said that it has issued foreign currency convertible bonds (FCCBs) worth 35 million euro (about
Rs 225 crore) to various global investors to partially fund its capacity expansion.

2.
May 31, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 30-May 27-May % Change CORPORATE NEWS
HC 6,276 6,139 2.24% Media firm UTV Software Communications Ltd have reported over two-fold increase in
CD 6,463 6,336 2.01% its consolidated net profit for the year ended March 31, 2011, at Rs 135.47 crore.For the
REALTY 2,124 2,087 1.77% 12 months ended March 31, 2010, the company's net profit was Rs 53.33 crore.Its sales for
BANKEX 12,282 12,220 0.50% the year ended March 31, 2011, increase 39.97% to Rs 929.50 crore from Rs 664.05 crore
PSU 8,450 8,410 0.47% in the previous fiscal.
IT 5,964 5,951 0.23%
TECk 3,602 3,594 0.20% Japan's Kokuyo Co will acquire 50.3% stake in stationery products maker Camlin for an
-0.02% estimated Rs 360 crore.The two companies have signed a deal under which the Japanese
POWER 2,516 2,517
firm will acquire a majority stake in Camlin in three tranches, after which the Indian firm
FMCG 3,773 3,777 -0.10%
will be converted into a joint venture.
METAL 15,146 15,172 -0.17%
CG 12,925 12,964 -0.30% Drug firm Sharon Bio Medicine have said that it has received approval from the
OIL&GAS 9,481 9,542 -0.64% European health regulator to market its product Trimetazidine Dihydrochloride used for
AUTO 8,847 8,981 -1.50% treating angina and vertigo in the European market.
Realty firm Earth Infrastructure said that it will invest Rs 1,000 crore over the next three
years to develop three projects in the National Capital Region.
Navratna public sector National Aluminium Company Limited (Nalco) has posted a net
profit of Rs 1,069.30 crore in FY11, up by 31% over previous year's figure of Rs 814.22
BSE Upper Circuit Breakers crore.The company registered impressive results both in sales and profit for FY11.
Company Name 30-May 27-May % Change
Wendt (India) 1,440.0 1,200.0 20.00 Hexaware Ltd, a leading global provider of IT, BPO and consulting services, today
Rajapalayam Mills 510.0 425.0 20.00 announced that it has signed a three-year contract in of more than $25 million for
Remsons Industries 22.2 18.5 20.00 providing remote infrastructure management services to an existing client in Europe.
Tci Developers 216.3 180.3 20.00 0
Solid Stone Company 55.0 50.0 10.00 Hospitality firm Asian Hotels (East) Ltd, that operates hotel Hyatt Regency in Kolkata
have posted a consolidated net profit of Rs 31.12 crore for the year ended March
31, 2011.The company's net profit for the nine months period concluded March 31, 2010
was Rs 14.74 crore.
India Cements posted an 81.69% decline in the net profit in the year ended March, 2011
to Rs 65 crore as compared to Rs 355 crore in the previous year.The net sales for the year
BSE Lower Circuit Breakers ended March, 2011 were posted at Rs 3,622 crore, as compared to Rs 3,829 crore a year
Company Name 30-May 27-May % Change ago.
Sanghvi Forging And Engineering 96.7 120.8 (20.00)
Cimmco Birla 116.9 123.1 (5.00) Torrent Pharmaceuticals Ltd said that its consolidated net profit had declined by
27.56% to Rs 42.84 crore for the fourth quarter ended March 31, 2011, over the same
Kbs India Limited 35.2 37.1 (5.00)
period previous fiscal.The company had a net profit of Rs 59.14 in the same period
Rasoi 321.1 337.9 (5.00) previous fiscal.
Visagar Polytex 149.0 156.8 (5.00)
Reliance Capital reported a consolidated net profit of Rs 291.18 crore for the year ended
March 31, 2011 as compared to Rs 435.69 crore for the year ended March 31, 2010, a dip
of 33.1%.Total Income has decreased 10.4% from Rs 6,140.60 crore for the year ended
March 31, 2010 to Rs 5,498.47 crore for the year ended March 31, 2011.
FMCG firm Colgate Palmolive have posted a marginal decline in its net profit at Rs
114.06 crore for the quarter ended March 31, 2011.The company posted a net profit of Rs
114.39 crore in the quarter ended March 31, 2010.
COMMODITY 30-May 27-May % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 115 115 (0.26)
Gold (Rs/10gm) 22,493 22,524 (0.14) Brent Crude Oil closed flat $115 per barrel. Gold closed flat Rs 22,493 and silver closed
flat Rs 57,566.
Silver (Rs/kg) 57,566 57,563 0.01
CURRENCY 30-May 27-May % Change The Indian Rupee closed higher by 0.53% against the dollar at Rs 45.07 as the Indian
INR / USD 45.07 45.31 (0.53) equity benchmarks ended on a negative note.
USD / Euro 1.42 1.41 0.71
Yen / USD 80.80 81.90 (1.34)

3.
May 31, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
DCHL 68.0 68.9 1.32
Two Indian airports have asked Kingfisher Airlines and state-run Air India to pay
MRF 6651.0 6,725.0 1.11
outstanding dues, according to a report.
GTL 412.7 417.0 1.05
SREINFRA 38.1 38.5 1.05 Boosted by increased foreign exchange reserves and overseas investment, China's
MRPL 73.4 74.1 1.02 external financial assets expanded 19% from a year earlier to $4.126 trillion by the end
TATACOMM 212.3 214.4 0.99 of last year.
BAJAJHLDNG 762.0 733.7 (3.71)
ANDHRABANK 141.8 137.2 (3.28) A ministerial panel is likely to meet on June 9 to consider allocation of natural gas from
ORIENTBANK 348.0 337.1 (3.13) fields like Reliance Industries' KG-D6 and state-owned ONGC's C-Series to power plants.
SYNDIBANK 115.0 111.6 (2.91)
UNIONBANK 315.9 307.0 (2.80) The southwest monsoon set in over Kerala on May 29, three days in advance to the
normal onset on June 1, said IMD.
BAJAJ-AUTO 1326.0 1,294.9 (2.35)
INSTITUTIONAL ACTIVITY (Rs Cr) 20-May 19-May YTD
FII Cash Net (75) (7) 1,254
FII Stock Futures 451 110 (1,598)
FII Index Futures 66 332 (4,979)
Mutual Fund 226 28 1,351
VALUATIONS P/E P/B DIV YLD
BSE 19.4 3.4 1.1
NSE 21.1 3.5 1.1
BSE500 Mcap/GDP Ratio 0.59
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Cipla 330.00 3.69 Patni Computer 364.6 8.90 Consolid Constr 33.10 5.20
Reliance Comm 87.50 2.94 Godfrey Phil 2094.5 7.24 Arss Infra Proj 436.10 66.05
DLF 231.00 2.58 Strides Arco 388.3 5.80 Gabriel India-$ 51.25 5.75
HDFC 667.00 1.63 Gujarat Gas 368.5 5.27 ICSA India-$ 119.55 9.80
Bajaj Auto 1330.00 1.19 Sintex Inds 189.4 5.14 Sahara One-$ 163.00 12.85
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Mahindra & Mahindra 664.6 -5.3 Torrent Pharma 586.2 -4.39 IFB Inds 117.20 -23.05
Hindalco Inds 192.9 -2.33 NCC 83.4 -3.58 Hindustan Dorr 61.75 -10.15
ONGC 278.4 -1.63 Amara Raja 203.5 -3.28 Man Inds-$ 129.75 -10.55
Jindal Steel 635.7 -0.96 Infotech Enter 142.0 -3.07 Tilaknagar Inds-$ 47.10 -3.7
Tata Motors 1078.2 -0.96 BAJFINANCE 611.7 -2.81 INFINITE 147.05 -11.3
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Paramount Printpack Ltd Crosseas Capital Services Pvt. Ltd. BUY 0.71% 27.1
Prithvi Information Solut Rajat Gandhi BUY 0.84% 37.4
Ramco Industries Ltd Ramasubrahmaneya Rajha Ramasamy Rajha Poosapadi BUY 0.15% 43.9
Neha International Ltd A3N Holdings SELL 0.58% 161.5
Shalimar Paints Ltd R.M. Share Trading Pvt Ltd SELL 2.29% 498.4
BSE
Asahi Infra Indravarun Trade Impex Pvt Ltd BUY 0.71% 10.9
Paramount Print Crosseas Capital Services Private Limited BUY 2.87% 27.6
SCOPE IND Lakshmanarao Kondaveti BUY 0.75% 63.2
Tata Coffee A K G Securities And Consultancy Ltd SELL 2.01% 820.3
Micro Forge Rekha Garg SELL 1.29% 2.2