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1. January 17, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 14-Jan 13-Jan % Change COMMENTARY
BSE Sensex 18,860 19,183 (1.68) INDIA
NSE Nifty 5,654 5,752 (1.70) What a volatile day of trade we had on Dalal Street on Friday, with the NSE Nifty swinging almost 200
BSE Midcap 7,224 7,310 (1.18) points intraday while the BSE Sensex gyrated over 600 points. This was the continuation of the week's
BSE Smallcap 8,994 9,088 (1.04) pattern with the main indices surging on Wednesday before diving again on Thursday. The start on Friday
Nifty Junior 11,293 11,461 (1.47) was subdued but the indices started rising just ahead of inflation numbers and touched day's highs
following the release of the inflation data. But, a vicious turn of events saw the market again taking a nasty
CNX Midcap 8,211 8,325 (1.37)
turn down, dragging the two key indices to the day's low. The BSE Sensex slumped 322 points or 1.7% to
close at 18,860 after being as high as 19,447 and as low as 18,811. The NSE Nifty tumbled 97 points to end
at 5,655. It had earlier touched a day's high of 5,833 and a day's low. The BSE Small-Cap index was down
GLOBAL MARKETS 14-Jan 13-Jan % Change 1% while the BSE Mid-Cap index shed 1.2%.
Dow Jones Ind (USA) 11,787 11,732 0.47
Nasdaq Composite(USA) 2,755 2,735 0.73 The breadth was weak with 879 shares rising and 1,956 shares falling on the BSE.
S&P 500 (USA) 1,293 1,284 0.70
FTSE 100 (UK) 5,988 6,024 (0.59) GLOBAL MARKETS.
DAX (Germany) 7,076 7,075 0.01 The US markets ended the week with modest gains after a choppy week. Disappointing economic news
Nikkei 225 (Tokyo) 10,499 10,590 (0.86) like unemployment rate which stood at highest levels since October. Claims totalled 445,000, which is
more than the 415,000 expectation. The producer price index for December climbed a sharper-than-
Hang Seng (Hong Kong) 24,283 24,239 0.18
expected 1.1%, but core producer prices increased 0.2%, as had been expected. The November trade
Shanghai Comp (China) 2,791 2,828 (1.31) deficit received less attention. It totalled $38.3 billion, which is only slightly changed from the prior
KOSPI (South Korea) 2,108 2,089 0.92 month. All this news halted the market rally The Dow ended the Friday up by 0.47 percent, the Nasdaq
STI (Singapore) 3,246 3,256 (0.31) ended higher by 0.73 percent & the S&P ended 0.70 percent higher.
MSCI Emerging Market 440 456 (3.51)
MSCI Frontier Market 610 603 1.16 The Asian markets are trading mixed with Nikkei up 0.44% and Kospi up 0.27% while Shanghai down
0.59%.
BOND MARKETS 14-Jan 13-Jan Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.18 8.16 0.02 Market regulator Sebi have barred Anil Ambani-led Reliance Infra and RNRL from investing in
1yr G-Sec Yield 7.48 7.48 0.00 secondary market till 2012, besides imposing a charge of Rs 50 crore for settling a probe into
LIBOR (6m) 0.45 0.46 (0.01) alleged unfair market dealings by the two firms.
LIBOR (1m) 0.26 0.26 0.00
Interbank Call rate 6.3 6.3 0.06 Housing finance company HDFC has announced its results for the quarter ended December 2010. It has
reported net profit at Rs 891 crore as against Rs 671.3 crore, a growth of 32.8% on year-on-year basis.Net
interest income jumped 25.6% to Rs 1,328 crore in Q3 from Rs 1,058 crore in same quarter of previous
year.
BSE Turnover Rs Cr('000) Sensex
19600 4.5 Hindustan Media Ventures Ltd (HMVL), the publisher of vernacular newspaper ,posted a net profit of Rs
4.0 11.66 crore for the quarter ended December 31, 2010.For the corresponding three-month period of the
19400 previous year, the company's net profit stood at Rs 4.33 crore.HMVL's net sales stood at Rs 130.22 crore
3.5
19200 3.0 during the quarter under review. It had registered net sales of Rs 41.29 crore during the same period last
2.5 year.
19000
2.0
18800 1.5 Career Point Infosystems, a tutorial services provider for competitive entrance examinations has inked a
1.0 Memorandum of Understanding (MoU) with the Government of Gujarat to invest Rs 300 crore in the
18600
0.5 formal education space.
18400 0.0
10-Jan 11-Jan 12-Jan 13-Jan 14-Jan Godrej Properties expects sales to double in the current fiscal from a year ago. The firm has sold 1.5
million sq ft in the first three quarters of FY11 and it posted a 25 per cent dip in December quarter net
profit to Rs 13.25 crore.
NSE Turnover Rs Cr('000) Nifty Drug firm Natco Pharma said that its US-based arm K&C Pharmacy has exited from a local drugs retail
6000 18 chain, Nick's Drugs based in New Jersey.
16
5900
14 Television content provider Balaji Telefilms reported on Friday that it plans to sell its mobile, internet
5800 12
88.38 #DIV/0! and education divisions.
10
5700
8
5600 6 FMCG giant Hindustan Unilever (HUL) reported that ,Life Insurance Corporation of India (LIC) has
4 reduced its stake in the company to 6.949 per cent by selling its share in the market.
5500
2
5400 0 Drug firm Lupin said that it has received final approval from US health regulator to market Nabumetone
10-Jan 11-Jan 12-Jan 13-Jan 14-Jan tablets, used in treating arthritis, in the American market.
Zee Entertainment Enterprises Ltd (ZEEL) reported a jump of 6.15 per cent in its net profit after tax at
Rs 155.45 crore for the quarter ending December 31, 2010.Total revenue of the company also grew to Rs
`
824.88 crore in the December quarter from Rs 530.93 crore in the year-ago period

2. January 17, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 14-Jan 13-Jan % Change CORPORATE NEWS
It 6,439 6,445 (0.09) US engine maker Cummins Inc aims to more than triple its investment in India to $500
Teck 3,814 3,831 (0.43) million by 2015 as it introduces at least five new business segments, a top official told
Hc 6,483 6,530 (0.72) reporters.
Fmcg 3,586 3,619 (0.90)
Cd 5,958 6,014 (0.94) SAIL has inked a pact with IRCON International, a PSU under the Ministry of Railways
for jointly working on rail infrastructure projects in India and overseas. SAIL is
Power 2,811 2,841 (1.04)
undertaking a Rs 70,000-crore expansion plan to take its capacity to 23 million tonnes
Oil&Gas 9,978 10,125 (1.45) (MT) by 2013 from the present 14 MT.
Psu 8,736 8,883 (1.66)
Cg 13,818 14,084 (1.89) The country's largest lender State Bank of India (SBI) plans to raise up to Rs 2,000
Auto 9,259 9,478 (2.31) crore through bonds to be offered to retail investors next month after third quarter
Metal 16,372 16,782 (2.44) results are announced. The bank intends to deploy the proceeds to augment its capital
Bankex 11,851 12,170 (2.62) base in line with its growth strategy.
Realty 2,524 2,596 (2.77)
Tata Steel have fixed the price band of Rs 594-610 a share for its follow-on public offer
of 5.7 crore shares, which will hit the capital markets between January 19 to 21. At the
higher end of the price band at Rs 610 per share, the company will garner Rs 3,477
crore from the FPO; Rs 1,875 crore will be used to "part-finance the capital expenditure
for expansion of its existing works at Jamshedpur from the proceeds of the FPO and
another Rs 1,090 crore to pay its debt. Tata Steel has a net debt of $10.7 billion.
BSE Upper Circuit Breakers
Company Name 14-Jan 13-Jan % Change Rising losses on the sale of petrol and diesel has prompted Reliance Industries Ltd
Tata Coffee 555.7 463.1 20.00 (RIL) to shelve its plans of reopening its retail outlets. The company had earlier
Amit Internatinal 5.5 5.0 10.00 resumed operations in 750 of the 1,433 outlets it had shut down in 2008.
KGN Industries 213.2 203.0 5.00
Symphony 911.2 867.9 5.00 Rising input costs may force Maruti Suzuki India (MSIL) to increase the prices of its
0
Kemp & Com 267.8 255.1 5.00 range of products. Top management of MSIL will take the final call on this during its
meeting called next week.
Coal India Limited (CIL) has decided to open at least 20 coal washing points in
various coal belts of the country.
Glenmark has lost a patent case against US firm Abbott Laboratories over
BSE Lower Circuit Breakers hypertension drug Tarka, subsequently it will pay $16 million in damages to the US
Company Name 14-Jan 13-Jan % Change firm.
Shekhawati 30.4 38.0 (20.00)
KEN Financials 119.3 125.5 (5.00) Jaiprakash Power Ventures Ltd has posted a net profit of Rs 22.77 crore, for the
Neha International 83.5 87.9 (5.00) quarter ended December 31, 2010, up 35.05 per cent over the corresponding quarter
the previous year. The Company has registered a net of Rs 16.86 crore last year. The
Bheema Cements 36.2 38.1 (5.00)
firm's total income rose from Rs 119.03 crore for the quarter ended December 31, 2009
Spectacle Infotech 24.8 26.1 (5.00) to Rs 181.3 crore for the quarter under review.
Max Healthcare said that it is in the process of investing nearly Rs 540 crore to open
four new hospitals in North India by September this year.
Magma Fincorp reported an 80 per cent jump in its net profit for the third quarter at
Rs 32.3 crore as against Rs 17.9 crore a year ago for the corresponding period. Income
from operations saw a 28.4 per cent leap at Rs 212 crore as compared to Rs 165 crore
Y-o-Y.
COMMODITY 14-Jan 13-Jan % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 91.1 91.0 0.16
Gold (Rs/10gm) 20,223.0 20,440.0 (1.06)
Silver (Rs/kg) 43,614.0 44,630.0 (2.28) Light Sweet Crude Oil on Friday was up by 0.16% at $91.1 per barrel. Gold closed down
by 1.06% at Rs 20,223 and Silver closed down by 2.28% at Rs. 43,614.
CURRENCY 14-Jan 13-Jan % Change The Indian Rupee closed higher against the dollar at 45.36 as the Indian equity
INR / USD 45.36 45.24 0.27 benchmarks ended on negative note.
USD / Euro 1.33 1.33 -
Yen / USD 82.98 82.71 0.33

3. January 17, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
SOBHA 283.0 285.9 1.04 Snapping the five-week rising trend, food inflation softened to 16.91 per cent for
PATELENG 265.1 267.2 0.77 the week ended January 1, 2011, although vegetables, onions and protein-based
GTLINFRA 41.4 41.7 0.73 items continued to remain costly. The food inflation fell by 1.41 percentage points
KFA 55.5 55.9 0.72 from 18.32 per cent recorded in the previous reporting week.
NMDC 257.9 259.5 0.60
CONCOR 1210.2 1,217.1 0.57 India’s exports have registered a growth of 36.4% during December 2010, at
DCHL 102.1 100.1 (2.01) US$22.5bn. Stating this at a press interaction, Rahul Khullar, Commerce Secretary,
informed that during the period April-December 2010, exports have reached a
BANKBARODA 827.1 816.4 (1.29)
level of US$164.7bn at a growth of 29.5% while the imports were US$247.1bn
PNB 1119.1 1,108.4 (0.95)
with a growth of 19% and a trade deficit of US$82.4bn.
PFC 279.0 276.7 (0.84)
SIEMENS 754.2 748.3 (0.78) The wholesale price index (WPI), India's main inflation gauge, rose an annual 8.43
CHENNPETRO 225.9 224.5 (0.62) per cent in December compared with an expected 8.35 per cent rise in a Reuters
poll and above 7.48 per cent in November.
INSTITUTIONAL ACTIVITY (Rs Cr) 04-Jan 03-Jan YTD
FII Cash Net 779 428 1,31,633 State-owned oil companies have raised petrol prices by Rs 2.50-Rs 2.54 per liter,
FII Stock Futures (487) (296) 12,779 the second hike in a month, on back of rising crude oil prices.
FII Index Futures 109 (82) (8,006)
Mutual Fund (293) (90) (28,566) Sebi is mulling over steps to increase the public offer allocation for mutual funds,
as retail investors prefer to invest through MFs because of risks being less in
comparison to direct investment in stocks.
VALUATIONS P/E P/B DIV YLD
BSE 21.7 3.6 1.1 Nearly half of H-1B work visa holders in the US were from India, who were mostly
NSE 22.5 3.6 1.1 hired for technology-related positions, according to an official report.
BSE500 Mcap/GDP Ratio 0.62
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Tata Power 1,375.00 2.11 KGN Inds 213.15 5 Tata Coffee 555.7 20
Wipro 463.05 1.77 Shree Ashtavina 5.36 4.89 Sahara One 177 12.67
Jindal Steel 679.85 0.31 GODREJ PROP 610 3.83 Insecticides India 234.5 7.79
Mahindra & Mahindra 739.05 0.13 INDIAN MET 640 3.33 Sterling Hol Res 80.5 6.48
Hindustan Unilever 302.60 0.07 Aventis Pharma 1907 3.1 Simplex Proj 234 6.34
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Tata Motors 1,178.60 -4.62 BOC India 296.5 -7.46 Graviss Hospitality 25 -7.41
HDFC Bank 2,053.00 -4.16 Unichem Lab 207.8 -7.4 Zee Learn 23.05 -7.06
HDFC 641.55 -3.95 Mahindra & Mah Fin 629.2 -6.23 Modern India 105.5 -6.55
Sterlite Inds 176.35 -3.45 Sobha Dev 282.95 -6.12 DHANLAK BANK 105.05 -6.5
Bajaj Auto 1,246.90 -3.09 JUBL FOOD 562 -5.66 Man Inds 70.45 -6.38
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