1.
Sept 26, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 23-Sep 22-Sep % Change COMMENTARY
BSE Sensex 16,162 16,361 (1.22)
INDIA
NSE Nifty 4,868 4,924 (1.13) The Indian stock indices extended their losing streak to a third straight trading session, capping a
BSE Midcap 6,223 6,276 (0.84) tumultuous week with heavy losses. Benchmark indices witnessed wild intraday gyrations with the NSE Nifty
BSE Smallcap 7,041 7,122 (1.13) swinging almost 100 points while the BSE Sensex fluctuating nearly 300 points in intra-day. Although the
Nifty Junior 9,896 9,967 (0.71) fall wasn't nearly as bad as the one witnessed in the previous session, the undercurrent remained nervous
CNX Midcap 7,186 7,233 (0.65) due to persistent worries over the glum global economic scenario. A G20 communique to calm global
markets and recovery in the Rupee also could not lift the sagging spirits of the markets.Finally, the BSE
Sensex ended at 16,162, dropping 199 points. It had earlier touched a day's high of 16,368 and a day's low of
GLOBAL MARKETS 23-Sep 22-Sep % Change 16,052. It opened at 16,222. The NSE Nifty closed at 4,868, down 56 points. Even the BSE Mid-Cap and the
Dow Jones Ind (USA) 10,771 10,734 0.35 Small-Cap index declined 1% each
Nasdaq Composite(USA) 2,483 2,456 1.12
S&P 500 (USA) 1,136 1,130 0.61 GLOBAL MARKETS
FTSE 100 (UK) 5,067 5,042 0.50 The Dow Jones industrial average on Friday suffered its worst week since the depths of the financial crisis in
DAX (Germany) 5,196 5,164 0.62 2008, stung by severe anxiety over Europe's spiralling debt crisis and a warning from the Federal Reserved
Nikkei 225 (Tokyo) 8,560 8,560 0.00 about the US economy. But stocks ended higher after a disastrous four days of selling, which helped push
Hang Seng (Hong Kong) 17,669 17,911 (1.35) down the S&P 500 index 6.6% for the week. Stocks seesawed between gains and losses on Friday, but the
Shanghai Comp (China) 2,433 2,444 (0.43) S&P was able to hold above the August 8 low of 1,119, a key support level that served as a trigger for buyers
KOSPI (South Korea) 1,697 1,801 (5.74) during the week. The primary trigger for the rebound came from policymakers suggesting additional steps
STI (Singapore) 2,699 2,721 (0.80) will be taken to support Europe's financial system. The Dow Jones industrial average gained 0.35%, to 10,771.
The Standard & Poor's 500 Index gained 0.60%, to 1,136. The Nasdaq Composite Index gained 1.12%, to
MSCI Emerging Market 365 364 0.27
2,483.
MSCI Frontier Market 492 492 0.00
Asian markets have opened up on a negatuve note. Nikkei is down by 1.60%, Starits Times is down by 1.32%.
Hang Seng is trading in marginally in green. Seeing the global markets we expect the market to start up in
BOND MARKETS 23-Sep 22-Sep Change
10yr G-Sec Yield 8.26 8.29 (0.03) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.34 8.45 (0.11) Reliance Industries has drilled two new wells in its KG-D6 gas block, but both have turned out to be
LIBOR (6m) 0.31 0.31 0.00 almost dry, with very little hydrocarbon presence, vindicating the company's stand that indiscriminate
LIBOR (1m) 0.16 0.21 (0.05) drilling will not help solve the problem of falling gas output.
Interbank Call rate 8.26 8.27 (0.01)
Hindustan Petroleum Corporation Limited (HPCL) has reportedly kept aside capital expenditure of Rs
450bn over the next six years. According to reports, of this, Rs 320bn will go towards setting up new
refineries and expanding existing ones. The balance will be spent on exploration & production, gas
BSE Turnover Rs Cr('000) Sensex distribution, tankages, pipelines and retail infrastructure.
17200 3.0
17000 VA Tech Wabag Ltd has reportedly secured orders valued €12.9mn for projects in Switzerland.
2.5
16800 According to reports, the orders include a Andermatt waste water treatment plant worth € 8mn, work
16600 2.0 on which will be completed by the end of 2013. The company has also won other orders worth €4.9mn
in Switzerland for water treatment related works.
16400 1.5
16200 1.0 Managing Director Rajesh Vedvyas, Indraprastha Gas Ltd has said that they are planning to raise the
16000 prices of compressed natural gas Managing Director Rajesh Vedvyas said Friday. The company is
15800 0.5
planning to invest Rs5-6 bn and plans to raise Rs2.5bn this financial year, says Rajesh Vedvyas.
15600 0.0 The company also said that they have a Capex plan of Rs30bn for the 5 year plan..
19-Sep 20-Sep 21-Sep 22-Sep 23-Sep
Sun Pharmaceutical Industries Ltd has received approval from the U.S. Food and Drug Administration
for its ranitidine hydrochloride syrup, the generic version of GlaxoSmithKline Plc’s Zantac heartburn
medicine, according to a statement on the regulator’s website.
NSE Turnover Rs Cr('000) Nifty
5200 14 Ashok Leyland, the flagship company of the Hinduja Group, may launch a passenger van on the
5150 12 platform of its recently launched light commercial vehicle Dost.
5100
5050 10
88.38 #DIV/0! Realty firm Omaxe over the weekend said it has shelved its Rs 80,000-crore investment plan aimed at
5000 8
4950 developing 10 lakh affordable houses across the country over a period of five years.
4900 6
4850 4 Dubai-based Varkey Group said it would further acquire 20% stake in India's Everonn Education
4800 through open offer for a total consideration of Rs 237 crore. The company will buy about 44.8 million
4750 2
additional shares at price of Rs 528 a piece, aggregating to a total of Rs 237 crore, it said in a public
4700 0
announcement.
19-Sep 20-Sep 21-Sep 22-Sep 23-Sep

2.
Sept 26, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 23-Sep 22-Sep % Change CORPORATE NEWS
FMCG 3,831 3,825 0.15% Gravita India rose , extending Thursday's 0.76% rise triggered by the company's
TECk 3,123 3,125 -0.08% announcement that it has raised its stake in Jammu & Kashmir-based unit, Metal Inc, to
POWER 2,138 2,141 -0.14% 100% from 80% earlier.
HC 5,872 5,884 -0.20%
IT 4,986 5,002 -0.33% Brickwork Ratings, a Sebi-approved credit ratings agency, has signed an MoU with
REALTY 1,723 1,733 -0.58% public sector lender Bank of India for certification of units in the MSME sector.
PSU 7,485 7,554 -0.91%
Software services provider HCL Technologies sees more deals coming through in Europe
OIL&GAS 8,263 8,375 -1.34% this year despite the economic troubles, with clients not pulling out of IT investments as
BANKEX 10,761 10,908 -1.35% they did during the banking crisis in 2008, its regional chief said on Friday.
CD 6,648 6,746 -1.44%
AUTO 8,420 8,556 -1.59% Swajas Air Charters has fixed the price band at Rs 90-100 per share for the Rs 37.5-crore
CG 11,164 11,374 -1.84% initial public offer, which opens on Monday.
METAL 11,514 11,783 -2.28%
UK's telecom major BT has bagged a contract worth 200 million euros (nearly Rs 1,330
crore) from the chemical group BASF to provide networked IT services. BT (British
Telecommunications Plc) will interconnect about 900 BASF sites in more than 80
countries, the company said in a statement. The contract also includes the provision of
Internet Protocol (IP) telephony and local network services (managed LAN services) at 300
sites in North and South America as well as in Asia.
BSE Upper Circuit Breakers
Company Name 23-Sep 22-Sep % Change Drug firm Ind Swift Laboratories said that it had received approval from the Australian
Samyak Intl 22 21 5.00 health regulator to make seven active pharmaceutical ingredients at its Dera Bassi plant in
Shubham Gran 52.5 50.0 5.00 Punjab. The company has received approval from Australia's Therapeutic Goods
Simplex Trad 159.6 152.0 5.00 Administration (TGA) to manufacture seven APIs including Clarithromycin and
Letrozole, Ind Swift Laboratories said in a filing to the Bombay Stock Exchange (BSE).
Softbpo Global 180.6 172.0 5.00 0
Trans Asia Corp 8.0 7.6 5.00 Drug firm Elder Pharmaceuticals said that its promoters have pledged 10 lakh more
shares of the company, taking the quantum of such shares of the firm to 9.4%.
Semit Pharmaceuticals Chemicals Pvt Ltd, a part of the promoter group has pledged ten
lakh shares of the company on September 19, 2011, Elder Pharmaceuticals said in a filing
to the BSE.
BSE Lower Circuit Breakers Engineering and construction major Larsen & Toubro's hydrocarbon division has bagged
Company Name 23-Sep 22-Sep % Change a Rs 700 crore contract from Petroleum Development Oman to set up a 3-MMSCMD
greenfield gas treatment plant. The gas treatment plant will comprise gas
Gayatri Sugars 3.60 4 (10.00)
desulphurisation and gas dehydration units, with required utilities and supporting
Cat Tech 8.1 9.0 (10.00) facilities, as well as flow lines, well-pad piping, a remote manifold station and liquid and
RELIGAR TEC 55.6 61.7 (10.00) gas export pipelines.
Shalimar Paint-$ 514.1 541.2 (5.00)
SKS Microfinance 285.1 300.0 (5.00) The Small Industries Development Bank of India (SIDBI) plans to set up a venture
capital fund with an initial corpus of Rs 300 crore dedicated for social ventures in the
near future, a top bank official reported over the weekend.
State-run Steel Authority of India Ltd (SAIL) plans to spend Rs 14,340 crore ($2.9
billion) in the current fiscal ending March on capacity expansion projects.
COMMODITY 23-Sep 22-Sep % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 104 105 (1.07)
Gold (Rs/10gm) 26,549 27,910 (4.88) Brent Crude Oil ended down at $104 per barrel. Gold ended lower by 4.88 percent at Rs
26,549 and Silver closed down close to 15.0% lower circuit at Rs 52,850.
Silver (Rs/kg) 52,850 61,687 (14.33)
CURRENCY 23-Sep 22-Sep % Change The Indian Rupee closed higher against the dollar at Rs 49.42 as the Indian equity
INR / USD 49.42 49.57 (0.30) benchmarks ended on a negative note.
USD / Euro 1.34 1.34 -
Yen / USD 76.32 76.37 (0.07)

3.
Sept 26, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
RUCHISOYA 114.6 116.5 1.70
India’s foreign-exchange reserves rose $266 mn to $316.8 bn in the week ended Sept.
NCC 65.5 66.4 1.38 16,Reserve Bank of India reportedly said.The report stated that Foreign-currency assets
AUROPHARMA 131.6 132.8 0.87 advanced $202 mn to $280.9bn, while the nation’s gold reserves were unchanged at
DHANBANK 76.4 77.0 0.79 $28.3 bn, says report. Total reserves climbed by $29 bn in the past year, says report.
SKUMARSYNF 44.3 44.6 0.79
SRTRANSFIN 605.2 609.9 0.78 Regus, the world's largest provider of flexible workplaces, is set to make major
DJIA 11355.0 10,855.0 (4.40) investments to capitalise on the accelerating global trend toward flexible
MOSERBAER 22.0 21.0 (4.33) working. Research data from the last 18 months has shown remarkable strengthening
S&P500 1184.5 1,138.5 (3.88) in flexible work policies, not just in mature markets, but also in emerging
ABAN 365.0 356.0 (2.47) economies, including India.
BHUSANSTL 324.4 318.8 (1.71)
Despite a reported selling of the dollars in the market, India's forex reserves rose by
INDIANB 201.0 198.0 (1.49) $266 million to $316.763 billion for the week ended September 16, according to the
data released by the Reserve Bank of India (RBI) on Saturday. The reserves had fallen by
INSTITUTIONAL ACTIVITY (Rs Cr) 14-Sep 13-Sep YTD a massive $4.29 billion to $316.50 billion in the previous reporting week.
FII Cash Net -9 -369 5,141
FII Stock Futures 413.35 289.3 4,700
FII Index Futures -614.51 132.61 8,259
Mutual Fund -157.1 -62 5,210
VALUATIONS P/E P/B DIV YLD
BSE 18.4 3.4 1.5
NSE 18.2 3.1 1.4
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 283.85 2.09 HCL Infosystems 64.9 6.48 Nectar Life 21.8 10.97
Tata Power 989.8 1.37 Kirloskar Oil Engines 135.9 6.09 Marathon Next 280.6 10.00
SBI 1955.5 1.03 Shree Global Trd 384.0 5.73 NOUVEAU 8.2 9.81
Bharti Airtel 374.85 0.77 KGN Inds 24.7 4.89 AGCNET 131.8 8.88
Jaiprakash Asso 67.5 0.67 Opto Circuits 230.7 4.25 Consolid Constr 21.2 6.82
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Tata Motors 147.4 -4.81 Jain Irrigation 152.3 -7.62 AP Paper 279.8 -9.73
Hindalco Inds 134.2 -3.77 Prism Cement 41.1 -7.22 Astral Poly 198.0 -8.61
HDFC Bank 457.7 -3.10 Chambal Fert 99.2 -6.85 Poly Medicure 283.0 -7.08
HDFC 626.0 -2.82 IL&FS TRANS 195.2 -5.47 Uflex 151.9 -6.38
L&T 1452.3 -2.70 SKS Microfinance 285.1 -5.00 HSIL 172.4 -6.18
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
Everonn Education Limited JMP SECURITIES PVT LTD BUY 2.30% 329.5
K S Oils Limited VASANTI SHARE BROKERS LIMITED BUY 1.05% 12.3
UFLEX Limited WISDOMTREE TRUST BUY 2.55% 170.9
Novopan Industries INDIRA KRISHNA REDDY SELL 0.86% 43.9
Balrampur Chini Mills Barclays Capital Mauritius Limited SELL 0.87% 61.9
BSE
Arora Fibres GREENFIELD DEVELOPERS BUY 1.56% 27.5
BGIL Films S. K. INVESTMENTS BUY 1.89% 6.3
Gemstone Invest JINAL APURVA RAWAL SELL 2.25% 8.9
SV Electricals PARIND SUSHIL PAREKH SELL 1.80% 11.2
Sanraa Media JMP SECURITIES PVT LTD BUY 2.30% 0.1