1. February 10, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 9-Feb 8-Feb % Change COMMENTARY
BSE Sensex 17,593 17,776 (1.03) INDIA
NSE Nifty 5,254 5,313 (1.11) The Mayhem continued on Dalal Street as the NSE Nifty further lost another ~60 points to end below the
BSE Midcap 6,299 6,538 (3.65) 5300 levels amid all round selling in scrips across the sectors. It was the fourth straight trading session of
BSE Smallcap 7,652 7,995 (4.30) losses and the fall was led by the Metals, Realty, Consumer Durables and Power stocks. The broader indices
Nifty Junior 10,162 10,453 (2.78) also were not spared as the BSE Mid-Cap and the BSE Small-Cap index slipped 3.6% and 4.3% respectively.
CNX Midcap 7,285 7,505 (2.93) The ADAG stocks crashed severely amid the ongoing 2G probe, stocks like Reliance Infra, RCom, RPower fell
over 10% each. The BSE Sensex lost 183 points to close at 17,593 and the NSE Nifty fell 59 points to end at
5,254.The bear hammering at the ADAG counters was the highlight of the day.
GLOBAL MARKETS 9-Feb 8-Feb % Change Event to watc out for :-Food Inflation.
Dow Jones Ind (USA) 12,240 12,233 0.06
Nasdaq Composite(USA) 2,789 2,797 (0.29)
S&P 500 (USA) 1,321 1,324 (0.23) GLOBAL MARKETS.
FTSE 100 (UK) 6,075 6,091 (0.26) US stocks ended flat after Federal Reserve Chairman Ben S. Bernanke said the unemployment rate is likely
DAX (Germany) 7,340 7,323 0.22 to remain high “for some time” even after the biggest two-month drop in the jobless rate since 1958.Action
Nikkei 225 (Tokyo) 10,618 10,636 (0.17) was largely listless all session. That left the Nasdaq and S&P 500 to muddle along and log modest losses.
Hang Seng (Hong Kong)* 23,164 23,484 (1.36) However, the Dow eked out a slight gain in the final few minutes to score its eighth straight advance. S&P
500 ended the session in red down by 0.23 percent.The Nasdaq also lost some of its gorund ending the day
Shanghai Comp (China)* 2,773 2,799 (0.94)
at 2789 losing 0.29 percent.
KOSPI (South Korea)* 2,046 2,070 (1.16)
STI (Singapore)* 3,151 3,185 (1.09) The Asian markets have opened up on a mixed note Nikkei is trading in red and Hang Send is down almost
MSCI Emerging Market 425 428 (0.77) by a percent.
MSCI Frontier Market 598 602 (0.66)
BOND MARKETS 9-Feb 8-Feb Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.22 8.22 0.00 Coal India (CIL), the world's largest coal producer, may buy up to a 15% stake in US-based Peabody Energy
1yr G-Sec Yield 7.59 7.59 0.00 Corp's Australian assets early next fiscal for an estimated $100 million (about Rs 450 crore).
LIBOR (6m) 0.46 0.46 0.00
LIBOR (1m) 0.25 0.26 (0.01) Japanese consumer durables firm Hitachi said that it plans to double its turnover to $2 billion in India by
Interbank Call rate 6.6 6.6 (0.05) 2013 and it will set up a new research and development (R&D) centre in the country by next fiscal.
Reliance Infrastructure (R-Infra), part of the Anil Dhirubhai Ambani Group (ADAG), said on Wednesday its
board will meet on February 14 to consider a share buyback.
BSE Turnover Rs Cr('000) Sensex
18600 4.5 State-owned oil major Bharat Petroleum Corporation Ltd (BPCL) reported a sharp 50.57 per cent dip in
18400 4.0 its net profit at Rs 187.38 crore for the third quarter ended December 31, 2010.The company had posted a
18200 3.5 net profit of Rs 379.09 crore in the October-December quarter last fiscal.
18000 3.0
2.5 Auto major Mahindra & Mahindra (M&M) reported 77.59% increase in its net profit for the quarter ended
17800
2.0 December 31, 2010, at Rs 734.68 crore on account of robust demand and various cost saving measures. The
17600 1.5
17400 company had posted a net profit of Rs 413.70 crore in the corresponding period previous year. During the
1.0 quarter, the company sold 56,211 units of utility vehicles in the domestic market, enjoying 62.2% share in
17200 0.5 the segment.
17000 0.0
3-Feb 4-Feb 7-Feb 8-Feb 9-Feb Logistics firm Gati Ltd is in talks with an international player to form a strategic partnership in its shipping
business.
Leading packaging firm Uflex Ltd said that it will set up a plant in Wrzesnia in Poland with an investment
NSE Turnover Rs Cr('000) Nifty of $80 million (around Rs 360 crore), which is expected to be operationalised in June 2012.
5550 18
5500 16
14 Patni Computer Systems, in which U.S.-based iGate is buying a majority stake for $1.2 billion, expects
5450 12 operating margins to remain under pressure in year ending December 2011.
5400 88.38 #DIV/0!
10
5350 8 Texmaco Rail & Engineering, formed after demerger of Texmaco, expects to get approval from the Indian
6 capital market regulator Sebi (Securities and Exchange Board of India) to list on the stock exchanges soon.
5300
4
5250 2 Sajjan Jindal-owned JSW Energy is likely to join the race with Essar group, Hyderabad-based GVK and
5200 0 Lanco Infratech to bid for the coal mines that have been put on the block by Australian coal mining major
3-Feb 4-Feb 7-Feb 8-Feb 9-Feb Hancock Coal.
`

2. February 10, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 9-Feb 8-Feb % Change CORPORATE NEWS
IT 6,243 6,263 (0.33)
Patni Computer Systems reported a decline of 2.71% in net income for the quarter
Bankex 11,478 11,530 (0.46) ended December 31, 2010, to $39.4 million (Rs 177.3 crore), as per the United States'
Teck 3,652 3,681 (0.79) GAAP accounting standards. The company had registered a net income of $40.5 million
Oil&Gas 9,214 9,299 (0.91) (Rs 182.25 crore) in the same period last year.
FMCG 3,195 3,232 (1.15)
Healthcare 5,810 5,902 (1.56) BASF India Limited has declared its unaudited consolidated financial results for the
Auto 8,211 8,350 (1.67) quarter and nine month period ended December 31, 2010. The Company’s profit before
PSU 8,285 8,485 (2.36) tax was Rs. 75 million for the quarter ended December 31, 2010, as compared to Rs.
169mn for the corresponding period of the previous year.
Capital Goods 12,379 12,707 (2.58)
Consumer Durables 5,405 5,605 (3.57) IL&FS Transportation Networks Ltd has posted a net profit of Rs. 616.30 mn for the
Realty 2,085 2,167 (3.81) quarter ended December 31, 2010. Total Income is Rs. 7510.10 mn for the quarter
Metal 15,264 15,880 (3.87) ended December 31, 2010.
Power 2,506 2,616 (4.23)
Rural Electrification Corporation Ltd has posted a net profit of Rs. 6640.90 mn for the
quarter ended December 31, 2010 as compared to Rs. 4740.70 mn for the quarter
ended December 31, 2009. Total Income has increased from Rs. 17061.80 mn for the
quarter ended December 31, 2009 to Rs. 21780.40 mn for the quarter ended December
31, 2010.
BSE Upper Circuit Breakers Elecon Engineering Company said that it has received orders worth Rs 82 crore from
Company Name 9-Feb 8-Feb % Change Tecpro Systems and Adani Murmugao Port Terminal to design, manufacture and supply
Jhaveri Credit & Capital 6.4 5.8 10.00 equipments.The Gujarat-based firm has received Rs 64.45 crore order from Tecpro
Pearl Polymers 15.4 14.0 10.00 Systems for supply of spares for coal handling plant
DFM Foods 126.0 120.0 5.00
Polytex India 120.4 114.7 5.00 NIIT Technologies is looking to acquire assets in verticals such as healthcare, insurance
0
Symphony 1116.9 1063.8 5.00 and manufacturing. The company has a cash balance of about Rs 120 crore.
Liquor company United spirits said that sustained sales have pushed its net profit to
Rs 129.96 crore for the third quarter ended December 31, 2010.The company had
posted a net profit of Rs 96.85 crore for the corresponding quarter last fiscal.
Swan Telecom and Unitech Telecom companies had together caused a loss of over Rs
BSE Lower Circuit Breakers 7,000 crore to government exchequer as both had offloaded their shares for hefty sums
Company Name 9-Feb 8-Feb % Change after getting the 2G spectrum.
Parsvanath Developers 32.7 40.8 (20.00)
Prakash Industries 74.6 93.2 (20.00) With the country adopting a tighter monetary policy, state-run Rural Electrification
Kewal Kiran 451.0 501.1 (10.00) Corporation (REC) said that it plans to increase its lending rates by 50 basis points
(bps) within two weeks.
Centrum Capital 1006.1 1059.0 (5.00)
KGN Industries 159.0 167.3 (5.00) Tata Consultancy Services (TCS) has signed a five year contract with du – the
integrated telecom service provider in the United Arab Emirates. As an IT Managed
Services Partner, TCS will support du in its efforts to enhance customer excellence and
service delivery levels.
The total approximate earnings of Indian Railways on originating basis during 1st April
2010 – 31st January 2011 were Rs. 76187.27 crore compared to Rs. 70696.03 crore
during the same period last financial year, registering an increase of 7.77%.
COMMODITY 9-Feb 8-Feb % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 87.6 87.0 0.70
Gold (Rs/10gm) 20,406.0 20,315.0 0.45
Silver (Rs/kg) 46,058.0 45,073.0 2.19 Light Sweet Crude Oil on Tuesday gained 0.70% closing at $87.6 per barrel. Gold closed
up by 0.45% at Rs 20,406 and Silver closed up by 2.19% at Rs. 46,058.
CURRENCY 9-Feb 8-Feb % Change The Indian Rupee closed lower against the dollar at 45.41 as the Indian equity
INR / USD 45.41 45.24 0.38 benchmarks ended on negative note.
USD / Euro 1.36 1.36 0.29
Yen / USD 82.58 82.07 0.62

3. February 10, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
ONMOBILE 186.2 187.8 0.89 Anil Ambani group firm Reliance Mutual Fund today launched a new Gold Savings
MAX 146.2 147.4 0.86 Fund, a first-of -its-kind investment scheme focused on gold, to tap a market that it
GVKPIL 24.9 25.1 0.80 expects to become bigger than even equity mutual funds.
CENTRALBK 142.4 143.5 0.77
PTC 84.4 85.1 0.77 Chevron has settled a lawsuit against its proposed $3.2 billion Atlas Energy takeover
FEDERALBNK 338.3 340.8 0.74 by agreeing to pay an extra 10 cents per share to non-director shareholders in the US
DLF 241.7 233.1 (3.56) natural gas producer.Excluding the approximately 4% of shares held by
directors, the payment will total more than $7 million.
SCI 109.6 107.0 (2.37)
NATIONALUM 400.8 392.0 (2.21) Car sales in India rose 26.3% in January, defying an expected slowdown as a growing
AMBUJACEM 119.1 117.9 (1.05) middle class, easier access to loans and a wider choice of models kept up the pace of
CUMMINSIND 626.1 620.9 (0.82) growth in Asia's third largest economy.
RECLTD 246.5 244.6 (0.75)
India's telecoms regulator on Tuesday said about 1.71 million mobile users have
INSTITUTIONAL ACTIVITY (Rs Cr) 2-Feb 1-Feb YTD opted to switch operators while retaining their numbers by February 5, following the
FII Cash Net (46) (453) (4,608) launch of mobile number portability (MNP) in the world's fastest-growing mobile
FII Stock Futures (78) 294 (49) market.
FII Index Futures (814) (923) (5,358)
With yet another scam suspected in a spectrum deal, the government is likely to
Mutual Fund 873 730 856
cancel the contract between ISRO's commercial arm Antrix and Devas Multimedia
allowing it the use of scarce S-band spectrum.A decision to cancel the suspect deal is
VALUATIONS P/E P/B DIV YLD likely to be taken at a meeting of the Union Cabinet to be held next week.
BSE 19.2 3.3 1.2
NSE 20.1 3.3 1.2
BSE500 Mcap/GDP Ratio 0.57
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Mahindra & Mahindra 654.20 4.06 DEN NETWORK 124.95 10.53 SYMPHONY 1116.9 5
HDFC 609.55 3.16 Nava Bharat Vent 279.9 4.69 Prabhav Inds 99.55 4.96
DLF 242.00 1.13 ING Vysya Bank 295 2.57 Avance Tech 7.46 4.34
Infosys 3,127.00 0.98 Max India 149.5 2.54 Forbes & Co 385.95 4.31
HDFC Bank 2,021.90 0.89 Sanwaria Agro 124 2.23 EVERONN 502.05 4.05
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Reliance Infra 534.70 -18.79 Parsvnath Dev 32.65 -19.98 Polyplex Corp 191.6 -18.68
Reliance Comm 94.85 -14.32 Prakash Inds 74.6 -19.96 Bliss GVS 22.5 -18.63
Jaiprakash Asso 72.35 -10.68 Man Infra 129.9 -14.51 Ferro Alloys 10.51 -16.85
Hindalco Inds 219.70 -6.17 Jai Corp 133.2 -14.42 MIC Electronics 22.05 -16.32
Hero Honda 1,439.65 -4.86 Aban Offshore 528.85 -14.4 Reliance Media 129.9 -16.11
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
Birla Shloka Philipa John Dmello SELL 1.28% 15.7
Kalindi Rail Deepak Popatlal Vora BUY 0.65% 126.5
Marico Oppenheimer International Value Fd BUY 3.35% 114.0
Dhanus Tech Grantview Properties SELL 2.30% 11.4
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0