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1. December r 16, 2010
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 15-Dec 14-Dec % Change COMMENTARY
BSE Sensex 19,648 19,799 (0.76) INDIA
NSE Nifty 5,892 5,944 (0.87) After managing to retrieve some lost ground in the last three days, the Indian markets were unable to
BSE Midcap 7,544 7,651 (1.40) continue the upswing on Wednesday. The NSE Nifty closed below the 5900 mark in the process. Today's
BSE Smallcap 9,139 9,283 (1.54) fall was led by Realty, Banking and Consumer Durables while IT stocks escaped the selling pressure. The
Nifty Junior 11,960 12,142 (1.50) BSE Sensex fell 151 points to close at 19,648 and the NSE Nifty slipped 52 points to close at 5,892.The
CNX Midcap 8,631 8,743 (1.28) broader indices also ended in red, the BSE Mid-Cap index was down 1.3% and BSE Small-Cap index fell
1.5%.
GLOBAL MARKETS 15-Dec 14-Dec % Change BSE market breadth was negative. Out of 3,008 stocks traded, 1,920 declined while 946 advanced in
Dow Jones Ind (USA) 11,457 11,477 (0.17) trades.
Nasdaq Composite(USA) 2,616 2,627 (0.42)
S&P 500 (USA) 1,235 1,241 (0.48)
FTSE 100 (UK) 5,882 5,884 (0.03) GLOBAL MARKETS
DAX (Germany) 7,017 7,027 (0.15) December has been a good month for U.S. stocks, so this week's lackluster action isn't upsetting
Nikkei 225 (Tokyo) 10,310 10,317 (0.07) investors much. Stocks have managed to eke out gains over the past few sessions and are up 5% for the
Hang Seng (Hong Kong) 22,975 23,431 (1.95) month. On Wednesday, the Dow Jones industrial average lost 19 points to end 0.2% lower at 11,457.47.
Shanghai Comp (China) 2,911 2,927 (0.55) The S&P 500 shed 6 points, or 0.5%, and the Nasdaq fell 11 points, or 0.4%.
KOSPI (South Korea) 2,017 2,009 0.40
Asian Markets are trading on a negative note, with the Nikkei and Hang Seng down by 0.1% each.
STI (Singapore) 3,147 3,176 (0.91)
MSCI Emerging Market 425 428 (0.75)
MSCI Frontier Market 591 588 0.48
BOND MARKETS 15-Dec 14-Dec Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.09 7.96 0.13 State-run MOIL made a handsome debut on the bourses on Wednesday and got listed at a premium of
1yr G-Sec Yield 7.33 7.27 0.06 nearly 47 per cent on the BSE, against the issue price of Rs 375. The scrip listed at Rs 551 on the BSE, up by
LIBOR (6m) 0.46 0.46 0.00 46.93 per cent against the issue price. Additionally MOIL plans to invest around Rs 1,200 crore over the
LIBOR (1m) 0.25 0.25 0.00 next 4-5 years for capacity addition and production of ferro-alloy.
Interbank Call rate 6.7 6.6 0.04
Leading lights of India Inc such as RIL, major Tata group companies and auto majors Mahindra &
Mahindra (M&M) and Bajaj Auto seem to have clocked a robust performance so far this fiscal if their
higher advance tax outgoes are any indication.
BSE Turnover Rs Cr('000) Sensex
20000 6.0
Drug firm Strides Arcolab said that it has cancelled its licensing and supply agreement with US-based KV
19800 5.0 Pharmaceuticals and will pay $7.25 million (about Rs 33 crore) as part of settlement.
19600 4.0
19400 3.0 The initial public offering (IPO) of Punjab & Sind Bank have been subscribed 27.44 times.
19200 2.0 The Hinduja Group flagship Ashok Leyland will inaugurate a vehicle assembly plant in UAE’s Ras Al
19000 1.0 Khaimah Investment Authority (RAKIA) today.
18800 0.0
9-Dec 10-Dec 13-Dec 14-Dec 15-Dec ONGC Tripura Power Co (OTPC), a unit of state-owned Oil and Natural Gas Corp, has signed an MoU
with Dhaka to open up a new transport corridor through Bangladesh for transporting heavy equipment for
its power plant at Tripura.
Tata Motors has announced a special finance scheme by which a customer will get a loan for its small car
NSE Turnover Rs Cr('000) Nifty
6000 20 Nano in 48 hours.
5950
5900 15 Resource Generation Ltd has reportedly said that Bhushan Steel Ltd. will purchase coal for 20 years from
5850 its Boikarabelo mine in South Africa.
10
5800
Bank of Baroda has entered an MoU with BBVA (Banco Bilbao Vizcaya Argentaria) to form a JV for
5750 5 credit card business. Onregulatory approval, the agreement between both entities will allow BBVA to
5700 acquire a 51% stake in the existing credit card subsidiary of Bank of Baroda i.e. Bobcards Ltd.
5650 0
9-Dec 10-Dec 13-Dec 14-Dec 15-Dec SRM Energy signed a $1.4 billion (Rs 6,357.4 crore) loan agreement with China Datang for setting up a
2,000-MW thermal power project in Tamil Nadu, in the presence of Chinese Premier Wen Jiabao.
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2. December 16, 2010
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 15-Dec 14-Dec % Change CORPORATE NEWS
IT 6,399 6,302 1.53 Tata Motors reported its global vehicle sales in November rose 6 per cent from a
Teck 3,817 3,769 1.27 year ago to 79,959 units. Jaguar and Land Rover sales in the month rose 22 per cent
Oil&Gas 10,648 10,658 (0.09) to 22,957 units.
Capital Goods 15,377 15,449 (0.47)
Power 2,932 2,948 (0.53) Maini Materials Movement, the Bengaluru-based Maini Group company, has inked
FMGC 3,540 3,567 (0.75) a strategic agreement with the world’s third largest Forklift and materials handling
Auto 9,874 9,961 (0.88) equipment manufacturer, Nacco Material Handling Group (NHMG), USA.
Metal 16,404 16,588 (1.11)
PSU 9,346 9,461 (1.21) VA Tech Wabag Ltd in joint venture with Nagarjuna Construction Company
Healthcare 6,537 6,633 (1.44) International LLC, bagged an order worth Rs 170 crore from Oman based Majis
Consumer Durables 6,059 6,207 (2.38) Industrial Services SAOC. Wabag is scheduled to commence construction of sea
Bankex 12,723 13,140 (3.18) water desalination plant on the basis of RO technology for Sohar Industrial Area,
Realty 2,745 2,845 (3.53) Oman from January 2011 and the scheduled completion is around 20 months.
(ADAG) companies, Reliance Power and Reliance Communications, will sew up
about $3 billion in loans from mostly Chinese banks.
Indian steel ministry is in talks with the South African government for buying
BSE Upper Circuit Breakers manganese ore mining assets for state-run Manganese Ore India Ltd (MOIL).
Company Name 15-Dec 14-Dec % Change
Mefcom Capital Markets 23.1 19.3 20.00 India's Oil & Natural Corp (ONGC) has offered 600,000 barrels of February Nile Blend
Modi Rubber 102.9 93.5 10.00 Crude after being absent for about five months, coming at a time when firm diesel
margins have supported crude oil prices.
Suryalata Spinning 174.5 158.7 10.00
Cupid Traders 46.2 44.0 5.00 0
India's Lanco Infratech said that its Australian unit has agreed to acquire Griffin Coal
Pondy Oxides 40.0 38.1 5.00
Mining Co and Carpenter Mine Management (Griffin Coal) for an undisclosed sum.
State Bank of India, the country's largest lender, has paid Rs 1,850 crore as advance
tax for the Oct-Dec quarter, as per an income tax department .The firm had paid an
advance tax of Rs 1,795 crore a year ago.
BSE Lower Circuit Breakers Reliance Power said that its wholly owned unit has received a letter of intent from
Company Name 15-Dec 14-Dec % Change NTPC Vidhyut Vyapar Nigam for the purchase of 100 MW of solar power.
Glodyne Technoserve 712.5 791.7 (10.00)
Sandur Manganese 742.1 824.6 (10.00) Axis Bank, said that it has signed a MoU with IDEA Cellular, whereby Idea will act
Spectacle Inds 71.8 75.6 (5.00) as a business correspondent of Axis Bank to provide the bank’s financial products
Midfield Industries 159.2 167.5 (5.00) and services through its retail outlets.
NCL Research 46.1 48.5 (5.00)
PBA Infrastructure Ltd has bagged Contract from "Pimpri Chinchwad Municipal
Corporation, Pimpri". for Construction of Road - BRTS & the contract is worth Rs.
256.97mn.
Essar Steel Limited announced that it has signed MOUs with Kobe Steel Ltd. of
Japan for collaboration in the areas of technology for manufacturing advanced high-
strength steel (AHSS) grade steel sheets used in automotive and other relevant
applications.
COMMODITY 15-Dec 14-Dec % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 88.7 88.5 0.28
Gold (Rs/10gm) 20,643.0 20,614.0 0.14
Silver (Rs/kg) 44,470.0 44,530.0 (0.13) Light Sweet Crude Oil on Wednesday was up by 0.28% at $88.7 per barrel. Gold closed
up by 0.14 % at Rs 20,643 and Silver closed down by 0.13 % at Rs. 44,470.
CURRENCY 15-Dec 14-Dec % Change
INR / USD 45.40 44.95 1.00 The Indian Rupee closed lower against the dollar at 45.4 as the Indian equity
USD / Euro 1.32 1.33 (0.75) benchmarks ended on negative note.
Yen / USD 84.17 83.54 0.75

3. December 16, 2010
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY NEWS
NHPC 27.3 27.5 0.92
Airlines around the world could face sharp rises in the cost of buying aircraft if new
SCI 132.6 133.6 0.75
export financing rules to be discussed by government officials in Paris are
Patel Eng 318.7 320.9 0.71
approved this week.
FSL 21.4 21.55 0.70
Sterling BioTech 100.4 101.1 0.70
The indirect tax collection rose by 42.3 per cent to Rs 2.07 lakh crore during April-
JP Power 51.0 51.35 0.69
November this year as compared to corresponding period last year, indicating
ONGC 1323.8 1293.3 (2.30)
uptick in economic activities.
Core Project 283.9 280.5 (1.20)
GAIL 502.5 499.7 (0.57)
After multi-billion dollar deals with US and French companies, Indian businesses
Mundra Port 148.3 147.5 (0.54)
are inking $16 billion worth deals with China's industry, whose representatives are
Mphasis 625.4 622.0 (0.54)
accompanying Premier Wen Jiabao on his three-day India visit.
ACC 1064.8 1059.8 (0.47)
INSTITUTIONAL ACTIVITY (Rs Cr) 29-Nov 26-Nov YTD
FII Cash Net 2,727 (672) 1,27,758
FII Stock Futures 526 359 (13,964)
FII Index Futures 400 168 (13,257)
Mutual Fund (49) 235 (29,677)
VALUATIONS P/E P/B DIV YLD
BSE 23.5 3.7 1.1
NSE 22.7 3.7 1.1
BSE500 Mcap/GDP Ratio 0.65
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
TCS 1101.25 1.93 KS Oils 48.2 16.57 Odyssey Corp 136.15 8.92
Infosys 3203.65 1.67 MVL 18.2 4.9 Vakrangee Soft 270.4 6.12
Tata Motors 1320.2 1.26 Indraprastha Gas 340.45 4.87 INFINITE 179.5 5.77
Bharti Airtel 339.3 1.24 Patni Computer 482.65 4.71 Shree Nath Comm 65.1 5
Wipro 457.4 0.95 Puravankara Proj 118.75 3.76 Carol Info 105.45 4.98
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1621.3 -5.4 Glodyne Tech 712.8 -9.96 Sandur Mang 742.1 -10
DLF 278 -5.15 Dena Bank 113.9 -6.18 SEL Mfg Company 17.95 -9.34
ICICI Bank 1078.05 -3.65 JUBL FOOD 553.25 -6.05 Ankur Drugs 80.8 -6.97
SBI 2696.05 -3.46 Uco Bank 113.8 -5.95 Delta Corp 95.55 -6.87
HDFC Bank 2161.45 -3.34 Spicejet 75 -5.42 Kingfisher Air 59.25 -6.69
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
ABG Shipyard Abg International BUY 1.56% 360.2
Ambika Cotton Mills Aum Securities BUY 0.67% 180.7
K S Oils Baghmar Finlease BUY 0.80% 34.7
Amar Remedies Wishbone Global Investment Holdings SELL 1.23% 99.1
Development Credit Bank Pace Stock Broking Services SELL 1.65% 51.3
BSE
ACC Ambuja Cement India BUY 2.50% 1074.95
Amtek India Olympia Builders BUY 1.23% 59.3
Master Trust Gala Finance And Investment BUY 1.20% 71.6
Tutis Tech Prime Dprime Dyes & Chemicals SELL 1.69% 22.41
Rama Newsprint Shweta Vanijya SELL 1.58% 17.55