1.
Sept 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 27-Sep 26-Sep % Change COMMENTARY
BSE Sensex 16,524 16,051 2.95
INDIA
NSE Nifty 4,972 4,835 2.82 Markets advanced 3%, snapping four sessions of losses as risk appetite returned on expectations that
BSE Midcap 6,230 6,131 1.60 European officials will be able to contain the euro-zone debt crisis. The Sensex commenced the day on an
BSE Smallcap 7,017 6,923 1.36 upbeat note after a rally in Asian markets on expectations that European officials would expand the
Nifty Junior 9,935 9,748 1.92 European Financial Stability Facility to bail out debt ridden countries in the Euro-zone. Bourses in Europe also
CNX Midcap 7,170 7,071 1.39 jumped during opening trades, which helped Sensex touch a high of 16,552 in the afternoon. Short covering
was witnessed in the interest rate sensitive sectors like Realty, Banking and Auto stocks, as markets witnessed
a relief rally after the recent drubbing. All the sectoral indices were in the green with the IT and realty space
GLOBAL MARKETS 27-Sep 26-Sep % Change leading the gains, up 5% and 4% each. IT shares surged after the recent battering as the Rupee depreciated 8
Dow Jones Ind (USA) 11,191 11,044 1.33 per cent in the past month which would help boost the companies’ margins. Technically, after a gap-up
opening above Monday’s hammer reinforced bullish momentum and actually accelerated throughout the
Nasdaq Composite(USA) 2,547 2,517 1.20
day. The BSE Sensex ended at 16,524, surging 473 points. The NSE Nifty closed at 4,972, up 137 points; the
S&P 500 (USA) 1,175 1,163 1.07 BSE Sensex and the Nifty both closed near the best levels of the day.
FTSE 100 (UK) 5,294 5,089 4.02 Market breadth on the Bombay Stock Exchange was positive. Out of 2,933 stocks which traded, 1,873 stocks
DAX (Germany) 5,628 5,346 5.29 advanced and 952 stocks declined.
Nikkei 225 (Tokyo) 8,610 8,374 2.81 GLOBAL MARKETS
Hang Seng (Hong Kong) 18,130 17,408 4.15 Global stocks rose the most in six weeks, with U.S. shares weathering a late-day selloff, as Greece made
Shanghai Comp (China) 2,415 2,394 0.90 progress in meeting requirements for more international aid and Germany vowed continued support for the
KOSPI (South Korea) 1,736 1,652 5.05 country. U.S. stocks retreated from their session highs following a Financial Times report that some euro-area
STI (Singapore) 2,726 2,655 2.69 countries are demanding private creditors take bigger write-downs on their Greek bond holdings. Stocks
rallied earlier as Greek Prime Minister George Papandreou won a vote on a new property tax in the
MSCI Emerging Market 330 328 0.61
parliament. The S&P 500 Index rose 1.1 percent to 1,175 after surging as much as 2.8 percent. Silver
MSCI Frontier Market 479 483 (0.83)
rebounded after a three-day, 26 percent slide.
Asian markets are trading mixed; Nikkei is up 0.3 percent, Shanghai is up 0.26 percent while Hang Seng is
down 1.4 percent and Strait Times is down 0.6 percent.
BOND MARKETS 27-Sep 26-Sep Change
10yr G-Sec Yield 8.29 8.29 0.00 CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.34 8.34 0.00 Reliance Infrastructure CEO Lalit Jalan has reportedly said that Mumbai metro project to be complete
LIBOR (6m) 0.23 0.23 0.00 by 2012 end. The report stated that company is planning to complete 20 out 0f 27 projects by March.
LIBOR (1m) 0.16 0.16 0.00
Interbank Call rate 8.29 8.29 0.00 Industrialist Anil Ambani said that his group's financial services arm Reliance Capital will explore all
possible opportunities to enter the banking sector and plans to unlock value in all its major businesses.
The banking entity of the group could be called Reliance Bank, Ambani told the shareholders of
Reliance Capital.
BSE Turnover Rs Cr('000) Sensex
17200 3.5 ICSA India Ltd along with its lead consortium partner Dongfang Electronics Company Ltd
17000 3.0 (Dongfang), China has bagged a LOA worth Rs. 1397.9mn from Tamil Nadu Generation & Distribution
16800 Corporation Ltd. (TANGEDCO) for the establishment of SCADA/ DMS projects in 7 cities in the state
16600 2.5 under RAPDRP scheme.
16400 2.0
16200 1.5 Glenmark Generics Inc., USA, the United States subsidiary of Glenmark Generics Limited, announced
16000 1.0 that the U.S. Food and Drug Administration has granted tentative approval for their generic version of
15800 IPR's migraine treatment Zomig tablets.
15600 0.5
15400 0.0 JSW Steel Ltd. might have to shut down its Vijayanagar Plant in Bellary, Karnataka if the shortage of
21-Sep 22-Sep 23-Sep 26-Sep 27-Sep iron ore continues, JSW Group Vice-Chairman Sajjan Jindal warned on Tuesday.
ABG Infralogistics Ltd has said that a subsidiary of the company, ABG Ports Private Limited in
consortium with PSA Mumbai Investments Pte. Ltd. (PSA) has been issued a Letter of Award dated
NSE Turnover Rs Cr('000) Nifty September 26, 2011 by the Jawaharlal Nehru Port Trust (JNPT) for the Development of 4th Container
5200 14 Terminal at Jawaharlal Nehru Port on Design, Build, Finance, Operate and Transfer (DBFOT) Basis.
5100 12
10 Reliance Power Ltd. reportedly expects to commission 5,000 megawatts of capacity by the end of
5000 88.38 #DIV/0! 2012. Also, the company will commence coal production from its Indonesian mine next year.
8
4900
6 FMCG firm Dabur said that it will invest around Rs 125 crore in three years in Sri Lanka as it enters the
4800 4 island nation by forming a new subsidiary and setting a manufacturing facility there.
4700 2
4600 0
21-Sep 22-Sep 23-Sep 26-Sep 27-Sep

2.
Sept 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 27-Sep 26-Sep % Change CORPORATE NEWS
REALTY 1,788 1,708 4.66% With a final dividend payout of 179%, Bharat Heavy Electricals Limited (BHEL) has paid
IT 5,184 5,006 3.56% an equity dividend of 311.5% for fiscal 2010-11, as against 233% paid in the year before.
OIL&GAS 8,417 8,134 3.47% This includes an interim dividend of 133% paid earlier. At Rs. 15,248 Million, this is the
TECk 3,233 3,138 3.02% highest-ever dividend paid by the company so far. With this, the company has maintained
CD 6,498 6,319 2.82% its unmatched track record of earning profits and rewarding investors by paying
2.74% dividends uninterruptedly for over three decades without a break.
BANKEX 11,033 10,739
AUTO 8,553 8,328 2.71%
Kirloskar Brothers Limited (KBL), a global fluid management company launched its
METAL 11,470 11,183 2.56% innovative product - Tamper Proof Kinetic Air Valve on at its state-of-the-art valve
POWER 2,156 2,109 2.23% manufacturing facility in Kondhapuri near Pune in India. The launch was performed at the
PSU 7,509 7,353 2.13% hands of P. B. Tupe, Additional City Engineer - Pimpri Chinchwad Municipal Corporation
FMCG 3,856 3,782 1.96% and Vinod Bodhankar, President – Jalbiradari Pune District and a renowned water
CG 11,204 11,009 1.77% conservationist. Many esteemed customers and senior officials and associates of KBL were
HC 5,885 5,847 0.65% also present during the event.
Reliance Communications Ltd. (RCOM) is in advanced talks with several potential
investors to sell its telecom tower unit, raising hope that the debt-stricken company could
be close to sealing a deal it has been working on for more than a year. Also, the company
reportedly expects to spend as much as Rs. 15bn in capital expenditure in the year ending
March.
BSE Upper Circuit Breakers
Company Name 27-Sep 26-Sep % Change Praj Industries Limited has reportedly said that the company has formed a new wholly
PG Electroplast 494 412 20.00 owned step subsidiary by name Praj Industries (Tanzania) Ltd. at Dar Es Salaam, Tanzania
Cravatex 492.4 447.7 10.00 through its subsidiary Praj Industries (Africa) (Pty) Ltd. in South Africa. This subsidiary has
Prima Plast 15.4 14.0 10.00 been formed to look after Company's business interest in Tanzania.
Sanraa Media 0.1 0.1 10.00 0
The Oil Ministry representative on the panel that oversees operations in Reliance
Shekhawati Poly-Yarn 22.6 20.6 10.00 Industries' (RIL's) KG-D6 block has not approved almost half the gas finds the company
has made, even though over years have elapsed since they were struck, oil regulator DGH
has said.
GMR Infrastructure said it has won the country's first mega road project for widening the
555 km long Kishangarh-Udaipur-Ahemadabad highway, estimated to entail an
BSE Lower Circuit Breakers investment of Rs 5,387 crore. The Bangalore-based group won the first highway project in
Company Name 27-Sep 26-Sep % Change Western India through international competitive bidding at Rs 636 crore annual premium
for 26 years.
B2B Software 13.50 14 (5.00)
Clarus Finance 105.5 111.1 (5.00) French firm Areva's Indian arm Areva T&D said it has bagged a contract from Reliance
Mahaveer Infoway 21.5 22.6 (5.00) Power for the execution of a solar power project. Areva T&D India's transmission
Nilchem Inds 45.5 47.8 (5.00) business, now part of Alstom Grid, has been awarded a Rs 40 crore contract by Reliance
Shetron 16.2 17.0 (5.00) Power for design and construction of the 350-MW Doorsar solar power plant in
Rajasthan, a company statement said.
Lenovo, the world's third-largest PC brand, has entered into a $300 million joint venture
with contract laptop PC maker Compal to manufacture computers. Lenovo will own 51%
of the joint venture company with Compal holding the rest, the PC brand said in a filing to
the Hong Kong stock exchange.
Japanese car major Honda announced its foray into the highly competitive low-price
compact car segment in India with the launch of its Brio model, priced between Rs 3.95
lakh and Rs 5.1 lakh
COMMODITY 27-Sep 26-Sep % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 106 104 2.24
Gold (Rs/10gm) 26,337 25,671 2.59 Brent Crude Oil ended up by 2.24% at $106 per barrel. Gold ended higher by percent at
Rs 26,337 and Silver closed up by 5.73% at Rs 54,435.
Silver (Rs/kg) 54,435 51,485 5.73
CURRENCY 27-Sep 26-Sep % Change The Indian Rupee closed higher against the dollar at Rs 49.09 as the Indian equity
INR / USD 49.09 49.44 (0.71) benchmarks ended on a very positive note.
USD / Euro 1.35 1.34 0.75
Yen / USD 76.43 76.37 0.08

3.
Sept 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
RUCHISOYA 122.7 126.0 2.73
The Telecom Regulatory Authority of India (TRAI) is reportedly sticking to its cap of 100
TULIP 156.0 158.4 1.54 SMSs per post-paid and pre-paid user per day beginning September 27, except on
BEL 1503.0 1,521.9 1.26 festive and special days. According to reports, the regulator has no plans to do away
DCHL 58.5 59.1 1.03 these restrictions. TRAI's action came two days before the filtering mechanism for
JPPOWER 33.3 33.6 0.90 unsolicited calls and messages finally comes into effect from September 27.
MAX 204.2 205.9 0.83
INDIANB 214.0 210.0 (1.87) The Union Minister of Commerce, Industry and Textiles Anand Sharma has set the target
TATACOMM 196.0 193.9 (1.07) of doubling the existing US$1.5 billion trade between India and Myanmar by 2015.
TATAPOWER 101.5 100.5 (0.99)
BHUSANSTL 331.0 328.0 (0.91) In what may have repercussions for industrial growth in August, eight core industries
grew at their slowest in 11 months at 3.5 per cent in that month, down more than half of
DLF 217.3 215.7 (0.74)
their highest growth in a year, which was 7.8 per cent in July. The major drop of these
BOMDYEING 361.7 359.3 (0.66) industries from 4.4 per cent in the same month last year could be attributed to
contraction in coal and natural gas production by a shocking 15.3 per cent and 5.3 per
INSTITUTIONAL ACTIVITY (Rs Cr) 19-Sep 16-Sep YTD cent, respectively.
FII Cash Net -4 395 5,699
FII Stock Futures -254.6 265 5,114 The government is set to relax the equity exposure norms for Life Insurance
FII Index Futures -34.12 88.19 13,915 Corporation (LIC), the largest institutional investor in the country, albeit with some
Mutual Fund -78.6 150 5,388 riders. A finance ministry official said LIC would be allowed to increase its exposure to
more than 10 per cent in corporate entities.
VALUATIONS P/E P/B DIV YLD
BSE 17.7 3.2 1.6
NSE 17.6 3.1 1.6
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 %
DLF 217.35 8.46 HATHWAY CAB 102.9 16.73 DEN NETWORK 72.7 17.54
Jaiprakash Asso 73.2 5.93 Dewan Housing 221.4 9.09 Spanco 131.1 10.17
Tata Motors 155.7 5.92 Sun Pharma Adv 80.6 7.54 Sundaram Clayton 143.8 8.90
RIL 797.85 5.09 Rajesh Exports 123.4 7.07 Bombay Burmah 442.2 7.66
Hindalco Inds 134.55 4.26 Hexaware Tech 78.4 6.52 SYMPHONY 1363.2 7.45
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Cipla 285.8 0.28 Shree Global Trd 313.8 -10.00 Zenith Info 169.9 -10.13
- - - PIPAVAVSHIP 77.8 -4.42 Marathon Next 227.0 -9.99
- - - Jyothy Lab 160.5 -2.82 MSP Steel 44.9 -6.36
- - - Kirloskar Oil Engines 140.1 -2.81 Emami Paper 38.0 -5.82
- - - Manappuram Finance 52.0 -2.07 Parenteral Drug 95.4 -5.08
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
Gitanjali Gems Limited JAIWANTI MERCANTILES PRIVATE LIMITED BUY 1.53% 346.3
Hexaware Technologies Lim ELDER VENTURE LLP BUY 2.53% 74.7
Rushil Decor Limited PRAKASHBHAI ISHWARBHAI RANA BUY 1.27% 185.0
Gravita India Limited CROSSEAS CAPITAL SERVICES PVT SELL 0.63% 442.7
Savera Industries Ltd MANOJ KUMAR GOEL BUY 1.23% 40.5
BSE
Beryl Drugs GLOBALWORTH SECURITIES LIMITED BUY 0.80% 12.8
Bloom Dekor SUNIL SITARAM GUPTA BUY 1.20% 14.7
Eastern Sugar INDO AUSTRO CORPORATION PVT LTD SELL 1.52% 17.3
Gemstone Invest KIRAN BHIKU BHANAES BUY 2.50% 8.8
Vertex Sec MANISH RAMESHBHAI VYAS SELL 0.63% 206.9