1.
Sept 8, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET * 07-Sep 06-Sep % Change COMMENTARY
BSE Sensex 17,065 16,863 1.20 INDIA
NSE Nifty 5,125 5,064 1.20
BSE Midcap 6,474 6,394 1.24 Indian markets had a positive session on Wednesday, with the main indices notching strong gains on the
BSE Smallcap 7,307 7,197 1.53 back of a global surge in equities and persistent inflows from the overseas investors. The Nifty recaptured
Nifty Junior 10,333 10,152 1.78 the 5100 mark while the BSE Sensex re-conquered the 17,000 level. The rally was not restricted to the Large-
Caps only, with the non-index counters also joining the party. Markets extended the upswing led by
CNX Midcap 7,508 7,398 1.49
sustained strength in Realty, Power, Capital Goods and the Banking space. The BSE Mid-Cap index gained
1.2%, while BSE Small-Cap index added 1.5%. Markets started off with smart gains amid positive cues from
the Asian markets. The gains accelerated after European indices posted solid gains following a recent
GLOBAL MARKETS 07-Sep 06-Sep % Change drubbing. FII inflows have gained some traction lately which has partly been the driving force behind the
Dow Jones Ind (USA) 11,415 11,139 2.48 recovery from recent lows. Finally, the BSE Sensex ended at 17,065, adding 202 points. The NSE Nifty closed
Nasdaq Composite(USA) 2,549 2,474 3.04 at 5,125, up 60 points.
S&P 500 (USA) 1,199 1,165 2.90 BSE market breadth was positive. Out of 2,960 stocks traded, 1,823 stocks advanced while 1,004 stocks
FTSE 100 (UK) 5,319 5,157 3.14 declined on the BSE.
DAX (Germany) 5,404 5,194 4.03
Nikkei 225 (Tokyo) 8,764 8,591 2.01 GLOBAL MARKETS
Hang Seng (Hong Kong) 20,048 19,711 1.71
US stocks rose, rebounding from a four -day global slump amid speculation of President Obama's plan for
Shanghai Comp (China) 2,516 2,470 1.85 more than USD 300bn in economic stimulus will boost growth. The dollar weakened against the euro after
KOSPI (South Korea) 1,833 1,767 3.78 legal challenges to Germany's role in the region's rescue funds were rejected by the nation's top court. DJIA
STI (Singapore) 2,832 2,774 2.08 closed at 11,415, up 2.4 percent while S&P closed at 1,199, up 2.9 percent.
MSCI Emerging Market 382 382 0.00
MSCI Frontier Market 494 497 (0.60) Asian stocks are trading mixed amid speculation that U.S will do more to stimulate its economy and Europe
may resolve its debt crisis, boosting outlook for exporters. Nikkei is up 0.45 percent, Shanghai is up 0.17
percent, Kospi is up 0.45 percent, Hang Seng is down 0.2 percent and Strait Times is trading flat.
BOND MARKETS 07-Sep 06-Sep Change
10yr G-Sec Yield 8.31 8.28 0.03 CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.30 8.30 0.00 First Solar, the world's largest solar company by market value, said it will supply 100 megawatts (MW)
LIBOR (6m) 0.39 0.39 0.00 of solar modules to Reliance Power in what it called the biggest supply deal in the fast-growing
LIBOR (1m) 0.16 0.16 0.00 market. Due of India's abundant solar resource and significant energy demand, the country's market is
Interbank Call rate 7.9 8.0 (0.09) expected to be one of the fastest growing in the world, although most solar product makers have had
difficulties getting significant deals there.
Education solutions provider Educomp Solutions said it has received a Rs 60.72 crore order from the
BSE Turnover Rs Cr('000) Sensex Chhattisgarh government for implementation of ICT solutions across 582 government high schools
17100 3.5 and higher secondary institutes. The order, received on August 27, 2011, covers six districts, namely
17000 3.0 Sarguja, Jashpur, Korba, Korea, Raigarh and Janjgir Champa, Educomp said in a statement.
16900 2.5 The Indian unit of Britain's BG Group is in talks with state-run Oil and Natural Gas Corp (ONGC) to
16800 2.0 acquire a stake in a gas block off the country's east coast, the BG India's president said on Wednesday.
16700 1.5
16600 1.0 Tata Motors said it has cut production in both the passenger and commercial vehicle segments in
order to align its output with market demand.
16500 0.5
16400 0.0 Sistema Shyam TeleServices (SSTL), which operates telecom services under the MTS brand, reported
30-Aug 2-Sep 5-Sep 6-Sep 7-Sep a net loss of Rs 657.6 crore for the second quarter ended June 30, 2011. The company had posted a net
loss of Rs 661.3 crore for the same quarter of the previous fiscal, SSTL said in a statement.
Country's largest two-wheeler maker Hero MotoCorp said it will start dropping the Honda brand from
NSE Turnover Rs Cr('000) Nifty its existing products this fiscal.
5140 14
5120 Jubilant Foodworks, the master franchise of Dominos's International in South Asia, plans to enter
5100 13
5080 Bangladesh after opening the first Domino's Pizza outlet in Sri Lanka earlier this month.
88.38 13
#DIV/0!
5060
5040 12 Aurobindo Pharma Ltd and OJSC Diod, Russian manufacturer of ecological healthcare equipment
5020 and nutrition supplements, have established a 50:50 JV in Russia to market and sell in Russia, Belarus
5000 12 and Kazakhstan.
4980 11
4960
4940 11
30-Aug 2-Sep 5-Sep 6-Sep 7-Sep

2.
Sept 8, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 07-Sep 06-Sep % Change CORPORATE NEWS
REALTY 1,807 1,747 3.42% The Society of Indian Automobile Manufacturers (SIAM) said the size of the
POWER 2,252 2,199 2.43% domestic passenger vehicles market is likely to touch 5.6 million units by 2017, despite
CG 12,467 12,208 2.12% the market witnessing a slowdown in recent months.
BANKEX 11,283 11,049 2.12%
METAL 12,796 12,543 2.02% TVS Motor Co, India's third-largest two-wheeler maker, plans to raise 3-wheeler
capacity to 8,000 per month from 6,000 by April, HS Goindi, president of marketing, told
PSU 7,780 7,637 1.87%
reporters on the sidelines of an industry conference.
OIL&GAS 8,698 8,616 0.95%
CD 6,565 6,532 0.51% Honda Motorcycle & Scooter India (HMSI) said it will launch a 100-cc motorcycle
TECk 3,181 3,166 0.49% priced between Rs 40,000 and Rs 45,000 next financial year. The company also said it
HC 6,004 5,980 0.40% will review the prices of its existing products next month in order to minimise the
AUTO 8,795 8,766 0.33% impact of escalating raw material costs.
IT 4,990 4,981 0.18%
FMCG 3,978 3,983 -0.13% State-run Shipping Corp of India is in the process of conducting due diligence to buy a
10-15% stake in an Indian shipbuilder, but the process could take time, its Chairman said
on Wednesday.
Aurobindo Pharma said it has formed an equal joint venture with Russian healthcare
equipment company Ojsc Diod to manufacture and sell drugs in Russia, Belarus and
Kazakhstan. Aurospharma Company, the new JV will set up a plant to make Non
BSE Upper Circuit Breakers Penicillin and Non Cephalosporin Rx generics and other drugs that are categorised as
Company Name 07-Sep 06-Sep % Change Over-the-Counter (OTC) products in Russia, the company said in a release.
Rossell India 49 41 20.00
VASCON ENG 54.0 45.0 20.00 Tata Group-owned luxury car maker Jaguar Land Rover (JLR) said it is looking to
VBC Ferro-$ 203.8 169.9 20.00 increase manufacturing of its vehicles in India in order to escape the high duty on its
RELIGAR TEC 59.5 49.6 20.00 products imported to the country.
0
Morganite Cruc 417.9 380.0 10.00
The Oil Ministry has rebuked its technical arm, the DGH, for reopening the issue of the
marketing margin that RIL (Reliance) charges on selling KG-D6 gas, but may seek the
Law Ministry's opinion to ascertain if the firm can be asked to share those revenues with
the government. The ministry has conveyed its displeasure to the Directorate General of
Hydrocarbons (DGH) at the highest levels over the reopening of a long-settled issue,
sources privy to the development said.
BSE Lower Circuit Breakers
Company Name 07-Sep 06-Sep % Change Aditya Birla Capital Advisors, the private-equity arm of the Aditya Birla Group, said on
Morgan Ventures 9.7 10.2 (5.00) Wednesday it had raised Rs 220 crore ($48 million) in its second private equity fund that
Neemtek Org 105.6 111.2 (5.00) would invest in to proven business concepts across sectors that were in early stages of
(5.00) exponential growth. This was the initial closing for the Aditya Birla Private Equity -
Polytex India 227.4 239.3
Sunrise Fund, while it will continue to receive investments before its final closing
Ranjeev Alloys 10.7 11.2 (5.00)
shortly, it said, without clearly mentioning the timeline.
Thakkers Dev 83.9 88.3 (5.00)
The government said that the state-run BSNL had entered into an arrangement with
Swan Telecom, which is under CBI scanner for 2G scam, for intra-circle roaming services
and infrastructure sharing, but clarified that no irregularity was found in the PSU.
COMMODITY 07-Sep 06-Sep % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 115 111 3.48
(2.90) Brent Crude Oil ended higher at $115 per barrel . Gold ended lower by 2.90 percent at
Gold (Rs/10gm) 27,217 28,030
Rs 27,217 and Silver closed down by 3.89 percent at Rs 66,655.
Silver (Rs/kg) 66,655 69,354 (3.89)
CURRENCY 07-Sep 06-Sep % Change The Indian Rupee closed higher against the dollar at Rs 46.07 as the Indian equity
INR / USD 46.07 46.11 (0.09) benchmarks ended on a positive note.
USD / Euro 1.40 1.41 (0.71)
Yen / USD 77.34 77.26 0.10

3.
Sept 8, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
TRIVENI 23.9 24.2 1.26 Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday,
KSOILS 9.9 10.0 1.01 ending a tumultuous two-year tenure marked by stagnating growth and a rift with
GVKPIL 18.2 18.3 0.83 Chinese partner Alibaba.
LITL 18.4 18.6 0.82
TULIP 145.8 147.0 0.82 Amid fears of slowdown in the global economy resurfacing, the Plan panel yesterday
FSL 12.9 13.0 0.78 said it will not be easy to achieve 9% growth during the 12th Plan (2012-17).
HINDPETRO 391.8 377.9 (3.56)
IOC 317.1 308.4 (2.76) Terror struck the Capital when a powerful bomb placed in a briefcase ripped through a
BGRENERGY 343.1 334.1 (2.61) crowded reception area at the entrance to the High Court this morning killing 11
SCI 87.3 85.1 (2.52) people and leaving 64 injured. The "high intensity" bomb blast outside the High Court
compound between Gate No. 4 and 5 occured at 10.14 AM when 100 to 200 litigants
PTC 75.6 74.0 (2.05)
were waiting to get passes to enter the premises. Some lawyers were also present at
VIPIND 913.6 895.7 (1.95)
that time.
INSTITUTIONAL ACTIVITY (Rs Cr) 25-Aug 24-Aug YTD The Indian animation industry is poised to touch Rs 4,375 crore by 2013, growing at a
FII Cash Net -1494 -757.4 3,090 compound annual growth rate (CAGR) of 23%, driven by a strong demand from
FII Stock Futures 382.47 166.95 903 entertainment and other sectors, a study said.
FII Index Futures -179.53 338.61 9,190 According to a joint study by industry chamber Assocham and Deloitte, the Indian
Mutual Fund 202.5 94.4 6,050 animation industry is expected to touch Rs 4,375 crore by 2013, from Rs 2,325 crore in
2010.
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 %
Jaiprakash Asso 71.4 7.70 IVRCL LTD 44.7 14.63 VASCON ENG 54.0 20.00
HDFC Bank 488.0 3.42 Tata Invest 510.2 11.24 SML Isuzu 407.5 18.88
Coal India 391.3 3.38 Eicher Motors 1468.7 7.49 Genesys Intl 224.0 14.85
Tata Power 1038.7 3.38 Torrent Pharma 630.0 7.05 Amar Remedies 113.3 13.53
NTPC 167.4 2.95 Abbott India 1563.8 6.74 Nilkamal 278.0 12.94
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
ITC 200.2 -0.99 JUBL FOOD 957.3 -3.81 Modern India 39.0 -9.30
Mahindra & Mahindra 786.6 -0.99 Infotech Enter 121.0 -2.85 Sical Logistics 67.7 -8.58
Infosys 2291.2 -0.53 Redington India 94.6 -2.77 KIRL INDUS 302.4 -5.40
Bajaj Auto 1640.0 -0.20 Gujarat Mnrl 185.6 -2.62 Oriental Hotels 26.9 -5.11
Hindustan Unilever 319.5 -0.13 TTK Prestige 2971.1 -2.60 Prabhav Inds 95.5 -4.98
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
MindTree Limited Coffee Day Resorts Pvt Ltd BUY 5.68% 428.0
MindTree Limited Ashok Soota SELL 5.50% 428.0
Bharat Forge Ltd Barclays Capital Mauritius Limited SELL 0.55% 307.6
Balrampur Chini Mills Balrampur Chini Mills Ltd BUY 0.86% 62.9
Balrampur Chini Mills Barclays Capital Mauritius Limited SELL 0.87% 61.9
BSE
Bedmutha Inds INVENTURE GROWTH & SECURITIES LTD. BUY 1.23% 123.0
BGIL Films KAILASH CHANDRA BUY 0.80% 4.7
Gemstone Invest SUKRATI CONSULTANCY SERVICES SELL 2.25% 8.9
Monnet Ispat BLACKSTONE MANAGEMENT PARTNERS BUY 1.80% 478.1
Sanraa Media JMP SECURITIES PVT LTD BUY 2.30% 0.1