Major Bulk Deals:
UBS has bought Jupiter bioscience, Spentex Industries and Pochiraju; Bear Stearns has picked up Rain Commodities; Goldman Sachs has sold Spentex Industries.
Market Volumes:
The turnover on NSE was down by 3% to Rs89.08bn. BSE Metal index was the major loser and lost 5.46%. BSE Capital Good index (down 5.17%), BSE Consumer Durable in (down 3.80%), BSE Auto index (down 3.41%) and BSE PSU index (down 3.10%) were among the other major losers.
Volume Toppers:
IFCI, Hindalco, IDBI, TTML, R Com, SAIL, Nagarjuna Fertilizer, GBN, NTPC, Balrampur Chini, Ashok Leyland, India Cement, Tata Steel, MTNL, Bajaj Hindusthan, HLL, Aftek and Cairn.
Delivery Delight:
3M INDIA, ABG Shipyard, HLL, Tata Power and United Breweries.
Lower Circuit Filters:
Amara Raja, Ansal Infrastructure, GMR Industries, Zandu Pharma, Goldiam International, Goldstone Technology, Fedders Lloyd, Swan mills, Nesco, Anant Raj industries, Aurionpro Solutions, BSEL Infrastructure, Electrotherm, Ganesh Housing, Gemini Communication, Heritage Foods, HOV Services, BF Utilities, Tanla and McNally Bharat.
Brokers Recommendation:
IDFC – Sell from Brics
Long Term Investment:
Bharti Airtel
Major News Headlines
Moser Baer to enter K'taka Home Video market
Sesa Goa Board declares Interim Dividend of Rs15 per share
Subhash Projects enters into Extra high Voltage segment in Power projects
HDFC funds raise stake in United Phosphorous to 5%
Essar in JV with two Vietnamese companies for steel plant
Dec industrial production rises 11.1% yoy
Ansal Properties Board recommends 1:1 bonus
Singapore Telecom may raise Bharti Airtel stake under ' right term'
ICSA India to hike FII limit from 49% to 74%
Sunil Hitech secures orders worth Rs62.88Cr
Baba Arts to hike FII limit to 74%