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Wednesday, October 22, 2008
Post Session Commentary - Oct 22 2008
Indian market snapped its two days of gain and tumbled due to huge selling across the board. Weakness continued during the trading session on the back of weak global cues and sustained selling by foreign funds. Along with that fears of recession and deteriorating corporate earnings dragged down equity markets all over the world. Domestic markets opened sharply lower tracking nervousness in global markets. The US markets fell on sharp sell off and on feeble earnings. Market slipped further on the back of profit booking as well as weak Asian markets. Further, stocks continued to trade sharply lower to end with huge losses. BSE Sensex ended below 10,200 level along with NSE Nifty below 3,100 mark. On the sectoral front, most of the indices remained under pressure and among those, Metal, Oil & Gas, Capital Goods, Bank and IT stocks witnessed most of the selling from these baskets. However, FMCG stocks were in limelight. Profit booking was also witnessed in Midcap and Smallcap stocks.
Among the Sensex pack 28 stocks ended in negative terrain while 2 in positive. The market breadth was negative as 1733 stocks closed in red while 778 stocks closed in green and 77 stocks remained unchanged.
The BSE Sensex closed lower by 513.49 points at 10,169.90 and NSE Nifty ended down by 169.75 points at 3,065.15. The BSE Mid Caps and Small Caps closed with losses of 96.85 points 3,490.39 and by 84.59 points at 4,111.69. The BSE Sensex touched intraday high of 10,484.85 and intraday low of 10,128.22.
Losers from the BSE Sensex pack are Tata Steel (12.04%), Sterlite Industries (10.04%), Reliance Communication Ltd (8.79%), ICICI Bank (8.04%), JP Associates (7.88%), Tata Motors (7.87%),), Bharti Airtel (7.76%), M&M Ltd (7.14%), ACC Ltd (7.11%), SBI (6.56%), Wipro Ltd (5.61%) and Reliance Infra (6.37%).
The BSE Metal index ended down by 482.31 points at 5,619.45. Major losers are Tata Steel (12.04%), Sterlite Industries (10.04%), Jindal Steel (9.45%), Nalco (9.10%), Steel Authority (7.13%) and Wespan Gujarat Sr (6.89%).
The BSE Oil & Gas index plunged 376.70 points to close at 6,397.58. Major losers are Cairn Ind (9.64%), BPCL (8.15%), Gail India (7.05 %), HPCL (6.85%), Reliance Petroleum (5.97%) and Reliance (5.83%).
The BSE Bank index lost 337.65 points to close at 5,504.58 as Bank of Baroda (8.53%), ICICI Bank (8.04%), Union Bank (7.73%), SBI (6.56%), Bank of India (6.41%) and Punjab National Bank (5.78%) in negative territory.
The BSE Capital Goods index closed lower by 336.49 points at 7,226.93. Losers are Areva (80.35%), Usha Martin (12.37%), Praj Industries (9.18%), ABB Ltd (8.26%), Gammon Indi (8.01%) and Suzlon Energy (7.16%).
The BSE Reality index ended down by 199.23 points at 2,433.70. Losers are Indiabull Real (12.75%), Phoenix Mill (12.42%), Anant Raj (11.63%), Unitech Ltd (9.87%), Parsvnath (8.98%) and Mahindra Life (7.41%).
The BSE FMCG index gained 12.20 points to close at 1,969.56 as United Spr (5.08%), ITC Ltd (1.04%), HUL (0.50%) and Colgate Palm (0.41%) ended in positive territory.
BSE Bulk Deals to Watch - Oct 22 2008
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
22/10/2008 531223 ANJANI SYNTH RAKESH NIRANJANLAL AGARWAL B 106000 16.35
22/10/2008 533016 AUSTRAL COKE AAKARSHAN TRACON PRIVATE LIMIT S 185000 68.45
22/10/2008 531216 COMFORT INTC MADINA GULAMALI GHEEWALA B 55000 18.83
22/10/2008 512047 NATRAJ FIN PARACHIT SALES MKT SERVICES B 30000 33.00
22/10/2008 512047 NATRAJ FIN MANDVI DYES AND CHEMICALS PVT B 30000 33.00
22/10/2008 512047 NATRAJ FIN DASH PHARMACEUTICALS PVT LTD B 30000 33.00
22/10/2008 512047 NATRAJ FIN TUTIS TECHNOLOGIES LIMITED B 30000 33.00
22/10/2008 512047 NATRAJ FIN RAJENDRAKUMAR G LAHOTI HUF S 75000 33.00
22/10/2008 506590 PHIL CAR BLK GRANTHAM ACCOUNT GMO EMERGING MARKET F B 139300 97.10
22/10/2008 511730 TRC FINAN SE MAXSOL FINANCIAL CONSULTING PVT LTD B 25000 10.15
22/10/2008 532765 USHER AGRO R U RAMCHANDANI B 101730 130.16
NSE Bulk Deals to Watch - Oct 22 2008
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
22-OCT-2008,20MICRONS,20 Microns Limited,PRASHANT JAYANTILAL PATEL,BUY,172,21.23,-
22-OCT-2008,ASIANELEC,Asian Electronics Ltd,PRASHANT JAYANTILAL PATEL,BUY,203557,35.01,-
22-OCT-2008,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,BUY,1417843,148.91,-
22-OCT-2008,IBREALEST,Indiabulls Real Estate Li,ORIENT GLOBAL CINNAMON CAPITAL LIMITED,BUY,1300000,125.72,-
22-OCT-2008,MASTEK,Mastek Ltd,NALANDA INDIA FUND LIMITED,BUY,1400000,217.50,-
22-OCT-2008,PAGEIND,Page Industries Limited,NALANDA INDIA FUND LIMITED,BUY,97500,423.34,-
22-OCT-2008,20MICRONS,20 Microns Limited,PRASHANT JAYANTILAL PATEL,SELL,75172,20.88,-
22-OCT-2008,ASIANELEC,Asian Electronics Ltd,MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. SVB,SELL,180000,31.59,-
22-OCT-2008,ASIANELEC,Asian Electronics Ltd,PRASHANT JAYANTILAL PATEL,SELL,203557,31.34,-
22-OCT-2008,AUSTRAL,Austral Coke & Projects L,AAKARSHAN TRACON PRIVATE LIMITED,SELL,224804,69.49,-
22-OCT-2008,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,SELL,1417843,148.99,-
22-OCT-2008,MASTEK,Mastek Ltd,KOTAK MAHINDRA INTERNATIONAL LTD,SELL,1400000,217.50,-
Market drubbed over 500 pts
The market witnessed an across-the-board selling, as the sentiment remained bearish on the back of liquidity squeeze in the domestic market and a sharp fall in the Asian indices. Sustained selling in metal, realty and banking stocks too added pressure on the domestic indices. The major Asian indices like Hang Seng (Hong Kong), Kospi (South Korea), Straits Times (Singapore) and Nikkei (Japan) shed over 5-6% each. After resuming 228 points below its previous close at 10,683, the market remained under the grip of sustained selling pressure. Extensive correction in heavyweights and index pivotal stocks towards the close dragged the index to the day's low of 10,128. The Sensex finally ended the session at 10,170, down 513 points, while Nifty shed 170 points to close at 3,065.
All the sectoral indices were hammered on the back of relentless selling pressure. The BSE Metal dropped 7.90% at 5,619, BSE Realty lost 7.57% at 2,433, BSE Bankex shed 5.78% at 5,504 and BSE Oil & Gas fell 5.56% at 6,398. The broader market was weak. Of the 2,588 stocks traded on the BSE, 1,732 stocks declined whereas 780 stocks advanced. Seventy six stocks ended unchanged.
Except ITC and Hindustan Unilever, all the stocks in the Sensex basket ended in the red. Among the major losers, Tata Steel tanked 12.04% at Rs244.80, Sterlite Industries tumbled by 10.04% at Rs265.10, Reliance Communications declined by 8.79% at Rs235.50, ICICI Bank slumped 8.04% at Rs396.45, Jaiprakash Associates fell 7.88% at Rs72.50, Tata Motors plunged 7.87% at Rs228.25, Bharti Airtel dropped 7.76% at Rs667.40, Mahindra & Mahindra slipped by 7.14% at Rs379.35 and ACC was down 7.11% at Rs452.15. Other front-line stocks were down 4-6% each.
HDIL witnessed volumes of over 99 lakh shares on the BSE followed by Chambal Fertilisers and Chemicals (79 lakh shares), IFCI (65 lakh shares), Reliance Petroleum (61 lakh shares) and Reliance Natural Resources (59 lakh shares).
Nifty October 2008 futures below 3100
Turnover increases
Nifty October 2008 futures were at 3051, at a discount of 14.15 points as compared to spot closing of 3065.15. NSE's futures & options (F&O) segment turnover was Rs 50,046.83 crore, which was higher than Rs 49,845.05 crore on Tuesday, 21 October 2008.
NTPC October 2008 futures were at discount at 143.85 compared to the spot closing of 144.30.
Reliance Industries (RIL) October 2008 futures were at discount at 1312.90 compared to the spot closing of 1316.80.
Bharti Airtel October 2008 futures were at 666.75, near the spot at closing of 666.25.
In the cash market, the S&P CNX Nifty lost 169.75 points or 5.25% at 3065.15.
Asian markets shattered as wall street sinks deeper
Shanghai, Hang Seng extend losses while Nikkei also enters the losers club with 6.7% fall
The stock markets across the Asian region closed lower after Wall Street fell overnight on profit taking from recent sharp rises and recession fears following disappointing earnings reported by big name companies such as Dupont, Caterpillar, and Texas Instruments. The Dow Jones Industrial Average ended the day down by 231 points, to 9,033. The Nasdaq Composite Index finished lower by 73 points at 1,696. S&P 500 finished lower by 30 points at 955.
Crude oil prices fell for a second day after the U.S. dollar climbed to a 20-month high against the euro, reducing the appeal of commodities as a hedge. Crude oil for December delivery declined as much as $3.28, or 4.5%, to $68.90 a barrel in electronic trading on the New York Mercantile Exchange, and traded at $69.10 a barrel at 2:33 p.m. Singapore time. The November contract expired yesterday, after declining $3.36 to settle at $70.89 a barrel. Prices, which have tumbled 53 percent from the record $147.27 on July 11, are down 21 percent from a year ago.
In currency trading, the U.S. dollar fell against the Japanese yen. The U.S. dollar fell to the mid 99-yen levels in late Tokyo deals from the lower 100-yen range in early trade and lower 101-yen levels late Tuesday in Tokyo. The Japanese yen also gained against the euro.
The Australian dollar closed down 3.28% as ongoing fears about a global recession dragged commodity prices and high-yielding currencies lower. The Aussie finished the domestic session at US$0.6687-0.6692, down from Tuesday's close of US$0.6914-0.6919.
The New Zealand dollar fell against the U.S. dollar ahead of the Reserve Bank of New Zealand's interest rate decision. The central bank is expected to cut the official cash rate by 100 basis points. The kiwi finished the domestic session at US$0.6020, down from US$0.6144 in early trade and US$0.6178 late Tuesday.
The South Korean won fell 3.1% against the dollar. The won finished the session at 1,362.0-1,363.1 a dollar, after hitting a low of 1,399.9 a dollar, its weakest since October 10, compared to Tuesday's domestic close of 1,320.1 a dollar.
The Philippines peso edged down to a new 18-month low against its US counterpart today morning in Asia. The peso plunged to 48.6650 against the US dollar, compared to yesterday's close of 48.1750.
Coming back in equities, the Japanese stock market tumbled nearly 7%, ending its three-day winning streak. Worries about the grim outlook for Japanese firms' earnings and a stronger yen dented investor sentiment. The market opened lower following an overnight retreat on Wall Street, but Japanese stocks widened their losses in the afternoon on a flurry of bad news that aggravated fears about the global slowdown. The benchmark Nikkei 225 Stock Average plunged 631.56 points or 6.79% to end at 8,674.69, posting its biggest loss in a week, and the broader Topix index of all first-section issues lost 67.41 points or 7.05% to 889.23.
On economic front, all industry activity index, which captures the monthly change in overall production by all industries of the Japanese economy, fell 1.8%. The indices of all industry activity except agriculture, forestry and fisheries declined 1.8% in August as compared to a 0.8% rise in July. Indices of Industrial Production plunged 4.1%, while indices of building work and indices of tertiary industry activity declined 2.4% and 1.4% respectively in the month of August as against the previous month.
In Mainland China, the benchmark index closed sharply lower after some key companies reported weaker-than-expected quarterly earnings, heightening worries about the impact of the global slowdown. In addition to this yesterday, the Ministry of Finance and the State Administration of Taxation said in a joint statement that China will raise export rebates on textiles, toys and apparel and some other products next month to support exporters amid declining external demand. The Shanghai Composite Index finished lower for a second day, down 62.71 points or 3.20% to end at 1,895.82 while the Shenzhen A-share Index fell 8.84 points or 1.62 pct to 536.53.
In Hong Kong, the Hang Seng Index struggled for a came back in the positive territory closing the day in negative territory. The benchmark index closed down by 5.15% at 14,266.50, while the Hang Seng China Enterprises Index slumped by 7.79% to 6,700.87.
The Australian stock market plunged more than 3% on profit taking after posting sharp gains in the previous two trading sessions. The key S&P/ASX index lost most of the previous session's gains, led by BHP Billiton and Westfield. The benchmark S&P/ASX200 index closed down 146.4 points, or 3.4%, at 4,156.1, its lowest point for the day. The broader All Ordinaries index lost 131.4 points or 3.1% to 4,120.0.
On the economic front, Australia's rate of inflation increased by more than expected in the third quarter. The Australian Bureau of Statistics reported that the country's Consumer Price Index for the three months to September increased 1.2% over the previous quarter. Annually, CPI grew to 5.0%.
The New Zealand stock market closed sharply lower, ending a three-day winning streak. The benchmark NZX 50 index closed down 52.62 points or 1.78% at 2,899.40 after surging 2.15% on yesterday. The broader NZX All Capital index shed 40.21 points or 1.34% to 2,953.46.
On the economic front, Statistics New Zealand reported that visitor arrivals in September dropped 7.0% to 157,700 from the 168,800 reported for September 2007. For the full year to September 2008, there were 2.469 million visitor arrivals, down 6,200 or less than 1% from the previous 12-month period. New Zealand resident departures were down 8.0% compared to September 2007.
The South Korean stock market plunged more than 5% to a new three year-low on deepening economic fears, extending its modest losses registered yesterday. The benchmark Korea Composite Stock Price Index or Kospi closed down 61.51 points or 5.14% at 1,134.59 points, its lowest close since September 6, 2005. In intraday trading, the key index fell more than 8% to hit a low of 1,095.56. The Kospi has shed 22% over the month, and is down 40% from the year's high of 1,901 hit in mid-May.
In Taiwan, Taiex - the benchmark index continued to remain below the key 5,000 points level breaching the previous five-year low level. The weighted index closed down 80.13 points or 1.62% at 4,862.59 - the lowest level since 11 June 2003 when it ended at 4,804.65 points. The market was distracted by fears that an anti-government demonstration planned by the opposition for Saturday could turn violent.
On the economic front, Taiwan's unemployment rate was 4.27% in September, versus 4.14% in August and 3.99% in September 2007, the Directorate General of Budget, Accounting and Statistics (DGBAS) said. In the first nine months of the year, unemployment averaged 3.96%, versus 3.92% a year earlier. On a seasonally adjusted basis, the September unemployment rate was 4.12%, compared with 3.93% in August and 3.89% a year earlier.
In Malaysia, the Kula Lumpur composite index was down by 13.88 points or 1.51% at 904.28. On economic front, the international reserves of Bank Negara Malaysia amounted to RM371.8 billion, equivalent to USD107.6 billion as on 15 October 2008, 2% down from RM379.3 billion as recorded on 30 September 2008. The reserves position is sufficient to finance 8.7 months of retained imports and is 4 times the short-term external debt.
In India, the weakness prevailed on the regional bourses in mid-afternoon trade on declined in global markets, cautious outlook by IT firm Wipro and sustained selling by foreign funds. At 15.20 IST the BSE Sensex was down 522.16 points or 4.86%. The S&P CNX Nifty was down 5.33% to 3,062.40.
Elsewhere, the Philippines stock market tumbled 1.12% or 23.73 points to 2,093.01 while Singapore Strait Times was trading lower by 99.66 points or 5.19% trading at 1,821.13.
In other regional markets, European shares fell with commodity-sector firms leading decliners as BHP Billiton added to growing evidence that the global economy continues to deteriorate.
The U.K. FTSE 100 index fell 1.9% to 4,150.07, the German DAX 30 index dropped 2.5% to 4,662.77 and the French CAC-40 index slid 2.5% to 3,389.53.
Market tumbles as Asian stocks slump on global recession worries
The market gave away a large part of the last two days' gains on weak global markets, cautious outlook by IT firm Wipro and sustained selling by foreign funds. The BSE Sensex slumped 513.49 points or 4.81%. Though in the red, both the both the BSE Mid-Cap and Small-Cap indices outperformed the Sensex.
Index heavyweight Reliance Industries fell more than 5.5%. Tata Steel fell more than 12% after Moody's Investors Service lowered outlook on corporate family rating to negative from stable. Sterlite Industries fell more than 10%. The market breadth was weak.
IT stocks fell on Wipro's cautious outlook at the time of announcing Q2 results before trading hours. Metal stocks declined sharply on weak global metal prices. Banking stocks fell in weak market after recent gains triggered by the central bank's repo rate cut.
Down 6.79%, Japanese stocks led decline in Asian equities as poor US corporate results and falling commodity prices fanned worries of a protracted global economic slowdown. Stocks in Hong, China, Singapore, South Korea and Taiwan were down by bewteen 1.62% to 5.07%.
European markets which opened after Indian market, fell on global recession worries. Key benchmark indices in France, Germany and UK fell by between 3.51% to 3.69%. Trading in US index futures suggested the Dow would fall 185 points at the opening bell.
The BSE 30-share Sensex lost 513.49 points or 4.81% to 10,169.90. The Sensex fell 555.17 points at day’s low of 10,128.22 in late trade. The index declined 198.84 points at the day's high of 10,484.85 in early trade.
The S&P CNX Nifty was down 169.75 points or 5.25% to 3,065.15.
After an earlier steep slide, the Sensex had risen 708.04 points or 7.09% in two trading sessions to 10,683.39 on Tuesday, 21 October 2008, from its close of 9,975.35 on 17 October 2008, boosted by a repo rate cut by the central bank and on short covering on the stock market regulator's warning to foreign funds against overseas lending of shares.
There has been a massive erosion in investors' wealth this year. The barometer index is down 10,117.09 points or 49.86% in the calendar year 2008 so far from its close of 20,286.99 on 31 December 2007. It is 11,036.87 points or 52.04% below its all-time high of 21,206.77 struck on 10 January 2008.
BSE clocked a turnover of Rs 3,087 crore today as compared to a turnover of Rs 3,882.49 crore on 21 October 2008.
Nifty October 2008 futures were at 3051, at a discount of 14.15 points as compared to spot closing of 3065.15. NSE's futures & options (F&O) segment turnover was Rs 50,046.83 crore, which was higher than Rs 49,845.05 crore on Tuesday, 21 October 2008.
The BSE Mid-Cap index was down 2.7% at 3,490.39 and the BSE Small-Cap index was down 2.02% at 4,111.67. Both the indices outperformed the Sensex.
BSE Metal index (down 7.9% to 5,619.45), BSE Realty index (down 7.57% to 2,433.70), BSE Bankex (down 5.78% to 5,504.48), BSE Oil & Gas index (down 5.56% to 6,397.58), BSE Teck index (down 5.37% to 2,160.07) underperformed the Sensex.
BSE FMCG index (up 0.62% to 1,969.56), BSE HealthCare index (down 3.16 % to 3,199.32), BSE Consumer Durables index (down 3.63% to 2,189.33), BSE IT index (down .4.01% to 2,790.27), BSE PSU index (down 4.22% to 5,046.33), BSE Power index (down 4.27% to 1,676.62), BSE Auto index (down 4.42% to 2,985.16), BSE Capital Goods index (down 4.45% to 7,226.93), underperformed the Sensex.
The market breadth was weak. On BSE, 778 shares advanced as compared to 1733 that declined. 77 shares remained unchanged.
India’s largest private sector company by market capitalization and oil refiner Reliance Industries (RIL) fell 5.83% to Rs 1,315.55, ahead of Q2 September 2008 result tomorrow, 23 October 2008. The Bombay High Court, on Tuesday, 21 October 2008, allowed the central government to implead itself in the RIL-Reliance Natural Resources (RNRL) case on gas supply after RNRL said it had no problem to the government being a party in the matter. The hearing of the case is now likely to continue after Diwali vacation.
Jaiprakash Associates (down 7.88% to Rs 72.50), ACC (down 7.11% to Rs 452.15), Larsen & Toubro (down 5.34% to Rs 815.15) were the major losers from the Sensex pack.
Reliance Infrastructure fell 6.56% despite 15.5% rise in net profit to Rs 288.97 crore on 51.11% rise in total income to Rs 2674.86 crore in Q2 September 2008 over Q2 September 2007.
Metal stocks declined on slump in metal prices on the London Metal Exchange. The BSE Metal index was down 7.9% and was the major loser from the sectoral indices on BSE. Sterlite Industries, Hindustan Zinc, National Aluminum Company, Steel Authority of India and Tata Steel fell by between 7.13% to 10.04%.
India’s largest steel maker by sales Tata Steel fell 12.04% after Moody's Investors Service lowered outlook on corporate family rating to negative from stable. The change in outlook reflects the more challenging operating conditions now facing Tata Steel UK as a result of the likely deterioration in demand in Europe and the UK in the next 18 months, with declining steel prices and reduced production volumes. Tata Steel, will declare Q2 September 2008 results on 24 October 2008.
India’s largest aluminum maker by sales Hindalco Industries skidded 5.67% reports it may sell a part of its Rs 2,081.34-crore stake in group companies, including Grasim Industries, Idea Cellular and Aditya Birla Nuvo, to raise funds to repay a part of the $3-billion bridge loan it obtained to buy Novelis.
Telecom stocks fell on reports telecom firms may have to shell out Rs 6,000 crore for failing to verify their customers. India's largest telecom services provider by market share Bharti Airtel fell more than 7.5%. India's second largest telecom services provider by market capitalisation Reliance Communications fell more than 8.5%. The government on Monday, 20 October 2008, announced that it would impose a fine of Rs 1,000 for every unverified subscriber.
Banking majors fell after recent gains on hopes lower rates will boost lending. ICICI Bank, HDFC Bank and State Bank of India fell by between 3.64% to 8.04%. The BSE's banking sector index Bankex declined 5.57%. ICICI Bank, State Bank of India and HDFC Bank have a weightage of 24.21%, 22.44% and 20.55%, respectively, in the Bankex.
Yes Bank was almost fell 2.92% in an otherwise weak market, as net profit jumped 40.50% to Rs 63.62 crore in Q2 September 2008 over Q2 September 2008.
Bank of India declined 6.41% after providing for Rs 108.60 crore on account of exposure to troubled US investment bank Lehman Brothers, in Q2 September 2008.
Power Finance Corporation fell 0.09% even on 16.70%rise in net profit to Rs 329.33 crore in Q2 September 2008 over Q2 September 2007.
The Reserve Bank of India cut repo rate by 100 basis points to 8% on 20 October 2008. The repo rate is the rate at which the RBI provides funds to banks against the collateral of government bonds for a day to three days.
IT stocks slumped on overnight fall in American depository receipts (ADRs) and on cautious outlook by IT major Wipro. Weak rupee which augurs well for the sector did not stem the slide. The BSE IT index fell 4.37%.
India's fourth largest IT exporter by sales Wipro fell 5.79% after it said the outlook is cautious in the near term given the extent of strain on the global economy. Wipro ADR fell 2.87% on Tuesday, 21 October 2008, ahead of the results. Wipro reported 56.13% spurt in net profit to Rs 852.50 crore on a 15.48% increase in total income to Rs 5551.60 crore in Q2 September 2008 over Q1 June 2008.
India's third largest IT exporter by sales Satyam Computer Services lost 2.93%. Its ADR skidded 1.63% overnight. The company raised its earnings guidance in rupee terms at the time of announcing Q2 September 2008 results on Friday, 17 October 2008.
India's second largest IT exporter by sales Infosys fell 3.56%. Infosys ADR lost 5.21% overnight. India's largest IT services provider by sales Tata Consultancy Services lost 2.63%, ahead of Q2 results today.
Infosys, Satyam Computer Services, Tata Consultancy Service and Wipro have a weightage of 55.06%, 16.01%, 10.45% and 7.09%, respectively, in the BSE IT index.
Tech Mahindra rose 1.3% as net profit rose 16.36% to Rs 295.98 crore in Q2 September 2008 over Q1 June 2008.
Compucom Software surged 4.93%, on proposal to consider issue of bonus shares.
Geodesic rose 2.93% as net profit jumped 23.54% to Rs 48.95 in Q2 September 2008 over Q1 June 2008.
Educomp Solutions tumbled 11.47% on BSE, on profit taking, as net profit soared 51.40% to Rs 25.39 crore in Q2 September 2008 over Q1 June 2008.
The rupee weakened to a record low against the dollar on Wednesday as losses in the stock market fuelled concerns more foreigners would likely pare their risk exposure and repatriate investments. At the Interbank foreign exchange (Forex) market, the rupee, which ended steady at 49.00/49.01 yesterday, fell by 25 paise to 49.25 against the greenback.
PSU OMCs fell despite crude oil falling nearly $3 to hit a one-week low below $70 a barrel and extending a 4% slide in the previous session, on mounting worries that output cuts by Organisation of Petroleum Exporting Countries (OPEC) will not be enough to offset slackening energy demand. BPCL, HPCL and Indian Oil Corporation fell by between 2.09% to 8.15%. Lower oil prices will reduce underrecoveries at the state-run oil firms on domestic sale of petrol, diesel, LPG and kerosene at a controlled price
Bongaigaon Refinery & Petrochemicals slumped 7.23%, on slipping into the red in Q2 September 2008
Most realty stocks declined today after yesterday’s rise despite hopes cut in lending rates will spur demand for residential properties. The BSE Realty index fell 7.57% and was the second major loser from the sectoral indices on BSE. Realty majors, DLF, Indiabulls Real Estate Unitech fell by between 5.05% to 12.75%.
BSE FMCG index rose 1.26% and was the only gainer from the sectoral indices on BSE. United Spirits, Hindustan Unilever and REI Agro rose by between 0.05% to 5.08%. India’s largest cigarette maker by sales ITC rose 3.05%. The company will announce the Q2 September 2008 result on 24 October 2008.
Rate sensitive auto stocks fell despite hopes rate cuts would spur auto demand which is largely driven by finance. Maruti Suzuki India, Mahindra & Mahindra, Hero Honda Motors declined between 1.95% to 7.14%.
India’s largest commercial vehicle maker by sales Tata Motors declined 4.94% on reports of missing its original Nano rollout deadline of October-December 2008.
Ashapura Minechem dropped 19.7% on reports the company faces three lawsuits in New York federal court seeking a total of more than $47 million.
Reliance Natural Resources declined 3.43% on BSE on muted growth in net profit in Q2 September 2008.
Kirloskar Brothers jumped 7.41% on its consortium winning an order worth Rs 1446 crore, with the company’s share pegged at Rs 270 crore.
Pantaloon Retail India gained 0.07% as net profit surged 21.90% to Rs 36.18 crore in Q1 September 2008 over Q1 September 2007.
Champagne Indage was locked at lower limit of 5%, a 52-week low on plan to raise up to Rs 120 crore.
Max India provisionally ended down 6.57% as net profit declined 30.67% to Rs 11.73 crore in Q2 September 2008 over Q2 September 2007.
Piramal Healthcare fell 7.57% as net profit fell 14.2% to Rs 69.44 crore on 19.7% rise in total income to Rs 636.9 crore in Q2 September 2008 over Q2 September 2007.
Housing Development & Infrastructure clocked the highest volume of 99.89 lakh shares on BSE. Chambal Fertilisers & Chemicals (79.51 lakh shares), IFCI (65.13 lakh shares), Reliance Petroleum (61.34 lakh shares), Reliance Natural Resources (59.23 lakh shares) were the other volume toppers in that order.
Reliance Industries clocked the highest turnover of Rs 189.32 crore on BSE. Reliance Capital (Rs 169.53 crore), ICICI Bank (Rs 149.63 crore), Housing Development & Infrastructure (Rs 148.64 crore) and State Bank of India (Rs 135.48 crore) were the other turnover toppers in that order
Daily Call - Oct 22 2008
The markets are likely to be in a consolidation mood after yesterday’s surge, despite weakening of the Asian markets. While the key US indices posted moderate losses, better results from Apple and Yahoo cheered the Nasdaq After Hours Market. But with Samsung bowing out of the offer to acquire SanDisk could neutralize the fervor generated by Apple.
Dupont’s weak guidance could marginally affect Reliance, where we saw surge in prices on account of short covering. IT stocks like Oracle could be bought at declines. Do not read too much into the Norwegian Fund news. If the markets do rise discounting this news, book profits
Pre Session Commentary - Oct 22 2008
Today markets are likely to open negative as there are negative cues coming from the US and other Asian markets. After yesterday’s strong trend, today one could witness some selling pressures on the back of weak sentiments and negative cues from other markets. There is no other news in the domestic macro economic front which could affect the market sentiments. Therefore domestic markets are likely to follow the trend of Asian and European markets. Since Asian markets opened with a blood bath one could expect the domestic markets to open with a negative gap. Short selling pressures could hack the markets further.
On Tuesday, domestic markets opened positive as the investors very receptive to the positive assertions made by our Honourable Prime Minister Dr. Manmohan singh day before yesterday. Further the other Asian markets also exuded signs of positive sentiments which helped the domestic markets close in green. After the opening there was some volatility in the trading, however in the later trading session sectors like Realty, CD and IT added buoyancy in the markets. Realty bourses have had suffered brutal hack in the previous trading days, therefore today it witnessed some value buying. In Consumer Durables sector, Titan was the top gainer with a phenomenal gain of 17.39%. However in Realty and IT, IndiaBull Realty and TCS were the fore runners with staggering gains of 27.65% and 12.86% respectively. During the trading session we expect the market to be trading with a negative gap.
The BSE Sensex closed higher by 460.30 points at 10,683.39 and NSE Nifty ended up by 112.1 points at 3,234.90. The BSE Mid Caps and Small Caps closed with gains of 80.89 points at 3,587.24 and by 83.46 points at 4,196.28. The BSE Sensex touched intraday high of 10,750.20 and intraday low of 10,250.23.
On Tuesday, US markets tumbled on the back of cautious sentiments on the credit markets and the mixed results coming from several companies. On the other hand the credit markets are showing some improvement and the Fed is also buying commercial papers from the mutual funds in an effort to inject more liquidity in the markets. But the investors are still skeptic about the current economic scenario. Some companies that top the quarterly results were 3M, American Express, DuPont and Pfizer, however Blackrock, Caterpillar and Texas instruments missed the estimates. Crude oil futures for the month of November delivery fell $3.36 to $70.89 a barrel on New York Mercantile Exchange after touching the low of $69.77 a barrel. Oil tumbled below $71 as a stronger dollar hurt investor demand for commodities and outweighed concerns about an expected cut in OPEC output. The November contract expired at the close of trading Tuesday. Crude oil fof December delivery fell $2.21, to close at $72.18 a barrel.
The Dow Jones Industrial Average (DJIA) closed lower by 231.77 points at 9,033.66. NASDAQ index lost 73.35 points at 1,696.68 and the S&P 500 (SPX) also decreased by 30.35 points to close at 955.05 points.
Indian ADRs ended negative. In technology sector, Infosys slipped (5.2%) and Wipro lost by (1.63%) followed by Satyam that ended low by (3.83%) and Patni Computers closing low by (4.19%). In banking sector ICICI Bank was down by (2.87%), while HDFC Bank lost (4.14%). In telecommunication sector, Tata Communication declined by (4.32%), while MTNL was low by (6.05%). Sterlite Industries was down by (3.48%).
Today the major stock markets in Asia opened negative. The Shanghai Composite is trading low by 19.35 points, at 1,939.18. Hang Seng is low by 361.19 points at 14,685.36. Further Japan''s Nikkei is low by 368.94 points at 8,937.31. Straits Times is trading is also trading low by 62.62 points at 1,862.55 and South Korea’s Seoul Composite is low by 33.59 points at 1,162.58.
The FIIs on Tuesday stood as net sellers in equity and in debt. Gross equity purchased stood at Rs1870.20 Crore and gross debt purchased stood at Rs0.0 Crore, while the gross equity sold stood at Rs2710.30 Crore and gross debt sold stood at Rs227.70 Crore. Therefore, the net investment of equity and debt reported were (Rs840.10 Crore) and (Rs227.70 Crore) respectively.
On Tuesday, the partially convertible rupee ended at 49.04/06 per dollar, 0.1% weaker than Monday''s close of 48.97/98. The rupee fell to level of 49.15 during the trading. Rupee ended down as central bank strike hit volumes and due to dollar demand from importers.
On BSE, total number of shares traded was Rs. 26.46 crores and total turnover stood at Rs. 3,882.49 crores. On NSE, total volume of shares traded was Rs. 55.61 crores and total turnover was Rs 11,076.44 crores.
Top traded volumes on NSE Nifty – Reliance Petro with total traded volume of 20428352 shares, followed by ICICI with 13856773 shares, Idea Celluar with 13665405 shares, Suzlon with 12492181 shares and Unitech with 12099881 shares respectively.
On NSE Future and Options, total numbers of contracts traded in index futures were 1085573 with a total turnover of Rs 16375.17 Crore. Along with this total number of contracts traded in stock futures were 1093114 with a total turnover of Rs 13114.71 Crore. Total numbers of contracts for index options were 1163074 and total turnover was Rs 19682.64 Crore and total numbers of contracts for stock options were 49272 and notional turnover was Rs 672.53 Crore.
Today, Nifty would have a support at 3,085 and resistance at 3,205 and BSE Sensex has support at 10,025 and resistance at 10,495.
Global cues see markets open low
Weakness in global indices and expiry pressures in the derivates segment may weigh on the sentiment. Action today is likely to be stock-specific. However, the mood of the market is expected to remain negative on weak global indices and decline in FII inflows in domestic equities may drag the local indices decline further. Among the key indices, the Nifty is likely target 3250 in near term and on breaching this level it is likely to target 3300, while the index has a key support at 3200. The Sensex has a likely support at 10500 and may face resistance at 10850.
Bajaj Finserv, Bank Of India, Cadila Healthcare, Century Textile, Cipla, Educomp, Essel Propack, Gillette India, Jindal Saw, Kirloskar Oil, Max India, Morepen Lab, Neyveli Lignite, Patni Computers, Pidilite, Reliance Infra, Rpower, Sesa Goa, TCS, United Breweries, Wipro and Yes Bank are expected to announce their earnings numbers.
Stocks slumped Tuesday as mixed corporate earnings reports gave investors a reason to retreat after the previous session's big rally and Dow Jones tumbled 232 points at 9034 and the Nasdaq sank about 73 points at 1697.
Fall in US markets weighted heavely on the Indian floats trading on the US bourses. HDFC Bank was the major loser and tanked 6.05% while Infosys, Tata Motors, MTNL, Patni Computer, Rediff, VSNL, Wipro and Satyam slumped over 1-5% each. Dr Reddy ended with marginal gain of over 0.50%.
Crude oil prices slipped marginally, with the Nymex light crude oil for November delivery slipped $3.36 to close at $70.89 a barrel. In the commodity segment, the Comex gold for December series moved down by $22 to settle at $768 an ounce.
Gold drops but silver rises
Strong dollar pushes yellow metal further down
Gold prices dropped on Tuesday, 21 October, 2008 as other commodity prices like oil also slipped down. A strong dollar was the main reason behind this. Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies. During the last week, precious metals, mainly gold, had dropped as traders tried to gain back some of the money that had lost in other markets. But silver prices rose today.
On Tuesday, Comex Gold for December delivery fell $22 (2.8%) to close at $768 an ounce on the New York Mercantile Exchange. Prices fell to a low of $766.4 earlier during the day. On 17 March, 2008 prices had skyrocketed to a high of $1,034/ounce. But prices have dropped significantly since then. Last week, gold prices ended lower by 8.3%.
This year, gold prices have lost 8.4% till date. For the third quarter ended September, 2008, gold prices ended lower by 5.1%. It was the first quarterly loss for the yellow metal since the second quarter in FY 2007. Prior to that, the yellow metal ended second quarter with a marginal gain of 0.7%. For first quarter prices gained 10.7%.
On Tuesday, Comex silver futures for December delivery rose 38.5 cents (4%) to $10.075 an ounce. Last week, silver coughed up 12%. Till date, silver has lost 32% this year. Silver had ended month and quarter of September 2008 with a loss of 10%. For the second quarter, it had gained a paltry 1.4%. Silver had gained 16% in Q1. The metal also had gained for seven straight years.
In the crude market on Tuesday, Monday, crude prices fell by more than 5% and closed just above $70/barrel as OPEC hinted at a production cut at its 24 October, 2008 meeting due to the current low prices of crude.
Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies. On the other hand, a lower dollar pushes up precious metal prices as their demand lessens as it becomes cheaper for traders holding other currencies. Gold has traditionally been used as a safe-haven asset against rising inflation. Investor sentiments are boosted by the fact that gold and silver are alternate sources of good investment in the face of declining dollar and rising energy prices and vice versa.
In the currency market on Tuesday, the dollar rose to the highest level in 20 months against the euro, as investors focused on the U.S. financial rescue package and further stimulus hoped to provide a needed boost to the economy. The dollar index, the weighted basket of six major currencies, climbed to the highest since March 2007. The dollar rose to a 19-month high against the euro on bets that the European Central Bank will cut borrowing costs at a faster pace than the Federal Reserve.
Earlier this year, the weakening dollar and higher global demand for raw materials had led to records this year for commodities including gold. Gold reached a record in March as a U.S. housing slump and credit crisis spurred the Federal Reserve to slash borrowing costs. The Federal Reserve halted cuts to its target bank lending rate in April, after slicing it in seven steps to 1.5% currently from 5.25% in September, 2007.
Gold had witnessed the greatest annual gain in twenty eight years by gaining $200/ounce (31%) in FY 2007 as lower interest rates had sent the dollar tumbling, and crude-oil prices rose to a record. Silver had climbed 16% in FY 2007. In 2006, silver had jumped 46% while gold gained 23%.
At the MCX, gold prices for December delivery closed lower by Rs 280 (2.25%) at Rs 12,370 per 10 grams. Prices rose to a high of Rs 12,748 per 10 grams and fell to a low of Rs 12,307 per 10 grams during the day’s trading.
At the MCX, silver prices for December delivery closed Rs 157 (0.9%) higher at Rs 17,704/Kg. Prices opened at Rs 17,640/kg and rose to a high of Rs 17,750/Kg during the day’s trading.
Crude above 70$
CRUDE OIL
Crude back at $70
Strong dollar pushes down dollar denominated commodities
Crude prices fell today, Tuesday, 21 October, 2008 and closed at the $70 level once again. Prices fell as Organization of Petroleum Exporting Countries (OPEC) mulled over a production cut at its 24 October, meeting at Vienna for the current low crude prices. The strong dollar was the main reason for the falling crude price. Last week, OPEC had cut its 2009 demand forecast because of ``dramatically worsening'' conditions in financial markets.
Crude-oil futures for light sweet crude for November delivery closed at $70.89/barrel (lower by $3.36 or 4.5%) on the New York Mercantile Exchange. Prices reached a high of $147 on 11 July but have dropped almost 52% since then. Last week, prices dropped by 7.5%. On a yearly basis, crude price is lower by 20%. For this year in 2008, crude prices have dropped 27%. The November contract expired today. The more-active December contract fell $2.21 (3%) to settle at $72.18 a barrel.
Chakib Khelil, OPEC’s president said yesterday that OPEC might pare production by 1 million to 2 million barrels a day in stages at an 24 October meeting to stabilize prices.
In the currency market on Tuesday, the dollar rose to the highest level in 20 months against the euro, as investors focused on the U.S. financial rescue package and further stimulus hoped to provide a needed boost to the economy. The dollar index, the weighted basket of six major currencies, climbed to the highest since March 2007. The dollar rose to a 19-month high against the euro on bets that the European Central Bank will cut borrowing costs at a faster pace than the Federal Reserve.
In the latest monthly prediction, the Organization of the Petroleum Exporting Countries said last week that global oil consumption will grow 550,000 barrels a day this year compared with a year ago, down 330,000 barrels from last month's forecast. Total consumption will stand at 86.5 million barrels a day. For the next year, demand will grow 800,000 barrels a day, down 100,000 barrels from OPEC's September prediction.
The Energy Information Administration, the statistics arm of the U.S. Energy Department, also lowered its growth outlook for this year's global oil consumption by 350,000 barrels from a month ago last week.
For the third quarter of the year crude prices ended lower by 28%. This was the biggest quarterly drop since 1991. Before that, crude prices had gained 38% in the second quarter of this year. It was the biggest quarterly increase in nine years. For the month of September, prices registered drop of 13%.
Against this background, November reformulated gasoline fell 2.8 cents, or 1.6%, to end at $1.6919 a gallon. November heating oil fell 3.3 cents, or 1.5%, to close at $2.1771 a gallon.
November natural-gas futures finished at $6.844 per million British thermal units, up 10.3 cents.
At the MCX, crude oil for November delivery closed at Rs 3,589/barrel, lower by Rs 156 (4.1%) against previous day’s close. Natural gas for November delivery closed at Rs 348.2/mmbtu, higher by Rs 0.3/mmbtu (0.08%).
EIA will report the latest inventory status of crude and crude products tomorrow at 10 am E.T from Washington.
Market may drift lower on weak global cues
Weak Asian stocks may pull the market lower after last two days’ rebound from an earlier steep fall caused by global recession worries. Cautious outlook by IT firm Wipro at the time of announcing Q2 results today and sustained selling by foreign funds may continue to weigh on the sentiments. But short covering following the stock market regulator Securities & Exchange Board of India’s warnings to foreign funds against overseas lending of shares and signs of a soft credit policy may cap the downside.
At the time of announcement of Q2 September 2008 results just a while back, Wipro said the global economic environment has deteriorated significantly over the past couple of months, and our outlook is cautious in the near term given the extent of strain on the global economy. Wipro’s net profit rose 19% to Rs 978 crore on 36% growth in revenue to Rs 6507 crore in Q2 September 2008 over Q2 September 2007.
Asian stocks fell as poor US corporate results and falling commodity prices fanned worries of a protracted global economic slowdown. Key benchmark indices in Hong Kong, Japan, China, South Korea, Singapore and Taiwan were down by between 0.9% to 3%.
Overnight, US stocks fell on an array of disappointing corporate results from companies such as industrial machine maker Caterpillar Inc and the largest publicly traded copper producer Freeport-McMoRan Copper & Gold Inc. The Standard & Poor's 500 index dropped 3.1%.
The market regulator Sebi, on Monday, 20 October 2008, said it has disapproved overseas lending and borrowing activity of foreign funds and the consequent selling pressure in the cash market in India. Sebi said this after data showed FIIs had lent equities worth Rs 348 crore to overseas entities for the purpose of short selling, during 10 October-14 October 2008.
Signs of a soft interest rate regime may support stocks as lower interest rates means lower borrowing costs for corporates. The Reserve Bank of India (RBI), on Monday, 20 October 2008, cut the repo rate, by 100 basis points to 8%, with immediate effect. The repo rate is the rate at which the RBI provides funds to banks against the collateral of government bonds for a day to three days.
Oil fell over $1 to around $71 a barrel on Wednesday, 22 October 2008, extending a 4% slide in the previous session, on mounting worries that output cuts by the oil cartel Organisation of Petroleum Exporting Countries (Opec) will not be enough to offset slackening energy demand in leading consumers.
The Sensex jumped 708.04 points or 7.09% in two trading sessions to 10,683.39 on Tuesday, 21 October 2008, from its close of 9,975.35 on 17 October 2008.
US markets fall
Mixed earning reports take toll on the market sentiments
US Market ended Tuesday, 21 20 October, 2008 with substantial losses. Earning reports dominated market sentiments since the very morning. Quite a few Dow components reported earnings today morning which were very mixed in nature. Market started the day in the red and continued its journey in the red throughout the day. The weakness in market was broadcasted. The energy sector was a main laggard with crude prices once again slipping back to $70/barrel. Technology sector was another setback as Texas Instruments plunged considerably.
During the afternoon session, indices had pared half of their losses with help from the financial sector. American Express was trying to give some solid direction. But in the last hour, indices plunged once again.
The Dow Jones Industrial Average ended the day down by 231 points, to 9,033. The Nasdaq Composite Index, finished lower by 73 points at 1,696. S&P 500 finished lower by 30 points at 955.
Twenty six out of thirty Dow stocks was trading in the red led by Exxon Mobil, Chevron, Citigroup, Caterpillar and Du Pont.
Among the batch of today’s earning reports, some notable names that topped third quarter earnings estimates included 3M, American Express, DuPont and Pfizer. American Express reported a smaller-than-forecast 24% profit fall for the third quarter late on Monday.
But there were a few that missed expectations too. Caterpillar reported a third-quarter profit decline of 6% from the year-ago period, but held firm to its full year profit estimate. Chemical giant DuPont slipped 6.2% after cutting its earnings outlook.
Technology sector was considerably weak today following gloomy outlook from Texas Instrument and earnings miss from Sun Microsystems. Texas Instruments posted a larger-than-expected 17% decline in earnings per share and lowered its fourth quarter earnings outlook, citing weak orders. On the other hand, Sun Microsystems forecast a larger than expected loss for the year.
In the latest effort to solve the credit crisis in recent times, the Fed announced that it will buy commercial paper (short-term corporate debt that many businesses rely on) from money market mutual funds. The Fed said it created the facility because money market mutual funds and other investors have had difficulty selling assets to satisfy redemption requests and meet portfolio rebalancing needs. The Fed had already announced plans to buy commercial paper directly from companies.
Volume on the New York Stock Exchange exceeded 1.1 billion, and decliners topped advancers more than 2 to 1. On the Nasdaq, almost 899 million shares traded, and one stock traded higher for every three on the decline.
Crude prices fell today and closed at the $70 level once again. Prices fell as Organization of Petroleum Exporting Countries (OPEC) mulled over a production cut at its 24 October, meeting at Vienna for the current low crude prices. The strong dollar was the main reason for the falling crude price. Crude-oil futures for light sweet crude for November delivery closed at $70.89/barrel (lower by $3.36 or 4.5%) on the New York Mercantile Exchange. The more-active December contract fell $2.21 (3%) to settle at $72.18 a barrel.
In the currency market on Tuesday, the dollar rose to the highest level in 20 months against the euro, as investors focused on the U.S. financial rescue package and further stimulus hoped to provide a needed boost to the economy. The dollar index, the weighted basket of six major currencies, climbed to the highest since March 2007. The dollar rose to a 19-month high against the euro on bets that the European Central Bank will cut borrowing costs at a faster pace than the Federal Reserve.
Earning reports will dominate the sentiment tomorrow as a number of Dow components are expected to come out with their earning results. AT&T, Boeing, Mc Donalds and Merck are the major ones among them. Among economic reports for the day, the weekly inventory report by the energy department is expected to be the major one.
Daily News Roundup - Oct 22 2008
Reliance Industries to commence work on Haryana SEZ by April 2009. (FE)
Tata Motors likely to rollover bridge loan. (FE)
Tata Motors to miss its original Nano roll-out deadline of October-December 2008. (ET)
ONGC seeks permission in Russia to buy Imperial Energy. (DNA)
Hindalco’s US$1bn overseas borrowing program faces a deadline extension. (ET)
Hindalco may dilute part of its cross holdings stakes in group firms like Grasim, Idea and AB Nuvo to raise funds for repaying US$3bn bridge loan. (BS)
JP Associates plans rights issue to raise Rs18bn. (BL)
Reliance Petroleum says refinery will commence by December 2008. (BL)
Maruti Suzuki launches petrol engine plant. (Mint)
BHEL bags a Hydro power project worth Rs6.4bn. (BS)
ITC has accumulated losses worth Rs7bn over last seven years in its foods business. (BS)
Reliance Power ties up with IDBI led consortium to secure the debt portion of second phase of 600MW Rosa Power Project. (BS)
Pantaloon Retail exits airport retailing JV with UK based Alpha Airports Group Plc. (ET)
UB Group to sell South African wines from 10 Chapter Pty in India soon. (ET)
Wipro ties up with Sun Microsystems to widen its reach within the Gulf Cooperation Council Countries. (ET)
Idea Cellular to invest Rs80bn in expanding operations during the current fiscal. (ET)
SpiceJet announces special fares starting Rs99 across its network. (ET)
Government to become a party in Reliance-RNRL gas dispute. (BL)
Novartis looking to enter new areas within OTC division. (BL)
Jet Airways to suspend flights, lease aircrafts to cut costs. (BL)
GE arm – BHEL JV to compete for tender issued by railways to manufacture 1000 diesel locomotives. (FE)
HCC bags an order worth Rs3.6bn from Lanco Infra. (FE)
Essar Group’s Cayman Island based holding firm gets FIPB nod for its proposed investment in Asia MotorWorks Holdings. (ET)
NMDC may be forced to lower the 35-40% provisional hike in iron ore prices affected a couple of days ago. (DNA)
Glenmark sets up a global R&D unit in UK. (DNA)
Commercial banks are planning to cut home loan rates by about 50bps. (ET)
PM asks PSU banks to resume lending to priority sector and industry. (ET)
Government may soon provide protection to domestic steel companies by levying a 10% import duty on all grades of steel. (ET)
RBI likely to ease cap on foreign currency deposits. (ET)
3G auction to take place by January 15, 2009. (BL)
Petroleum minister to meet Aviation minister, oil companies and airlines today. (FE)
Fertilizer ministry to pay full fertilizer subsidy in cash. (DNA)
Indian banks seek dollar credit line from RBI. (Mint)
Bulls can’t find much space!
We may go to the moon, but that's not very far. The greatest distance we have to cover still lies within us.
The bulls may have expected to soar like the Chandrayaan - the name of India's unmanned spacecraft to moon, which successfully took off this morning. However, the gravity of the situation is such that after two days of solid gains, things are likely to cool down a little. Nothing earth shaking has happened though. US stocks slid overnight as mixed corporate earnings offset the continuing softening in global inter-bank lending rates. European shares too ended lower amid growing pessimism towards earnings growth, notwithstanding the thaw in world credit markets for a third straight day. Markets in Asia have also opened on a soft note.
We expect the Indian market to open lower, as the two-day rally has largely been on account of short covering. The wide section of the market still lacks confidence to make a full-fledged return. Given the persistent uncertainty over the impact of the credit crisis on the global economy and weak macro-economic factors we will continue to advocate caution. We have miles to go before the smiles can come back.
Meanwhile, Wipro has reported a consolidated net profit of Rs9.78bn for the second quarter ended September 30, 2008 as against Rs8.98bn in the previous quarter, translating into a sequential growth of about 9%. The Bangalore-based IT major has posted consolidated net sales of Rs65.19bn for the July-September quarter compared to Rs59.81bn in the April-July quarter. Global IT Revenue for the quarter in dollar terms is at $1.11bn. The company has predicted Global IT Revenue of $1.12bn in Q3 FY09, which is flat.
FIIs were net sellers of Rs2.58bn (provisional) in the cash segment on Tuesday while the local institutions poured in Rs8.84bn. In the F&O segment, the foreign funds were net buyers at Rs9.15bn. On Monday, FIIs were net sellers of Rs8.4bn in the cash segment, taking their total outflows this year to above $11.9bn.
US stocks slumped in the wake of some missed earnings reports and bleak forecasts, especially by technology companies, giving investors a reason to step back after the previous session's big rally.
The Standard & Poor's 500 Index lost 30.35 points, or 3.1%, to 955.05. The Dow Jones Industrial Average tumbled 231.77, or 2.5%, to 9,033.66. The Nasdaq Composite Index decreased 73.35, or 4.1%, to 1,696.68.
Market breadth was negative. More than five stocks fell for each that rose on the New York Stock Exchange.
Lending rates continued to improve, helping to reassure investors that the efforts to try and stabilise global financial markets continue to bear fruit. But relief about the credit markets was countered by broader fears about a recession and the health of US companies.
Treasury prices rallied, lowering the yield on the 10-year note to 3.70% from 3.84% late on Monday. Treasury prices and yields move in opposite directions.
US light crude oil for November delivery fell $3.36 to settle at $70.89 a barrel on the New York Mercantile Exchange after hitting a 13-month low last week. Oil prices have been slowing since crude peaked at an all-time high of $147.27 a barrel on July 11.
Gasoline prices fell another 3.4 cents overnight, to a national average of $2.889 a gallon, according to a survey of credit-card activity by motorist group AAA. It was the 34th consecutive day that prices have decreased - in the past month alone, they're down more than 93 cents a gallon.
COMEX gold for December delivery fell $22 to $768 an ounce.
After the close, Yahoo reported earnings of four cents a share, versus 11 cents a year ago and short of analysts' forecasts for a profit of 9 cents per share. The company also said it will cut at least 10% of its workforce, or around 1,500 people, through the end of the year as a result of the weak economy.
Looking forward, Yahoo warned that 2008 revenue won't meet its earlier forecasts. However, shares gained 7% in extended-hours trading.
Also after the close, Apple reported fourth-quarter sales and earnings that jumped from a year ago due to strong sales of its new iPhone. Earnings topped forecasts, while sales missed expectations.
Looking forward, Apple forecast fiscal first-quarter sales and earnings that are short of analysts' projections. The company said forecasting the December quarter was a challenge because of the weak economy. Shares gained 4% in extended-hours trading.
In Europe, The pan-European Dow Jones Stoxx 600 index declined 0.5% to 220.91, snapping a two-session win streak. Germany's DAX 30 fell 1.1% to 4,784.41 and the UK's FTSE 100 dropped 1.2% to 4,229.73.
The French CAC-40 rose 0.8% to 3,477.50, with banks performing well after the French government said that it would inject 10.5 billion euros ($14 billion) into the country's top six banks.
Markets opened with a positive gap led by firm cues from the US and the Asian markets. However, nervousness in early trades saw the key indices erase early gains. However, as the day progressed buying in the IT, realty and capital goods stocks lifted the Indian bourses to end with smart gains. The BSE benchmark Sensex surged 460 points or 4.5% to close 10,683 and the NSE Nifty index was up 112 points to close at 3,234.
Among the 30-components of Sensex, 28 stocks were in the positive terrain and 2 stocks were in the red.
Titan Industries rallied by over 17% to Rs997 after the company’s net income in the three months ended September 30 rose 88% to Rs871.4mn. Sales rose to Rs10.9bn in the quarter from Rs7.11bn a year ago. The scrip touched an intra-day high of Rs1013 and a low of Rs860 and recorded volumes of over 1,00,000 shares on BSE.
Shares of Sun TV surged by over 4% to Rs173 after the company announced that it would consider buying back of equity shares on October 30, 2008. The scrip touched an intra-day high of Rs179 and a low of Rs170 and recorded volumes of over 5,000 shares on BSE.
LIC Housing Finance rallied by over 7% to Rs243 after the company announced results for the quarter ended September 30, 2008
The Company posted a net profit after tax of Rs1350.6mn (up 16%) for the quarter ended September 30, 2008 as compared to Rs1163.78mn for the quarter ended September 30, 2007.
Total Income rose to Rs7077.23mn up by 34.8% for the quarter ended September 30, 2008 from Rs5247.70mn for the quarter ended September 30, 2007. The scrip touched an intra-day high of Rs249 and a low of Rs224 and recorded volumes of over 5,00,000 shares on BSE.
Shares of Marico surged by over 7% to Rs55 after the company announced its consolidated results for the quarter ended September 30, 2008
The Group has posted a net profit of Rs471.24mn (up 11.5%) for the quarter ended September 30, 2008 as compared to Rs422.36mn for the quarter ended September 30, 2007.
Total Income increased by 30% to Rs6047.18mn for the quarter ended September 30, 2008 from Rs4643.03mn for the quarter ended September 30, 2007.
Shares of Opto Circuits advanced by over 6% to Rs148.9 after the company announced that it posted a net profit for the period of Rs567.293mn (up 104%) for the quarter ended September 30, 2008 as compared to Rs278.105mn for the quarter ended September 30, 2007.
The total income increased by 125% to Rs2203.85mn for the quarter ended September 30, 2008 from Rs977.33mn for the quarter ended September 30, 2007.
The scrip touched an intra-day high of Rs151 and a low of Rs143 and recorded volumes of over 4,00,000 shares on BSE.
Shares of Crompton Greaves surged by over 6% to Rs178 after the company announced results for the quarter ended September 30, 2008.
The group posted a net profit from ordinary activities after tax, minority interest and share of profit / (loss) of associate companies of Rs1201.2mn (up 32.1%) for the quarter ended September 30, 2008 where as the same was at Rs909.4mn for the quarter ended September 30, 2007.
Total Income rose by 32.4% to Rs21052.8mn for the quarter ended September 30, 2008 where as the same was at Rs15895.8mn for the quarter ended September 30, 2007.
Current period figures include the results of the subsidiary acquired during the current period, Consequently, the figures for the current period are not comparable with the figures of the previous period and figures for the previous period have been regrouped and reclassified, wherever necessary.
SAIL announced Q2 results for the quarter ended September 30, 2008.
The company posted a net profit from the ordinary activity after tax of Rs20096mn (up 18.1%) for the quarter ended September 30, 2008 as compared to Rs17002.4mn for the quarter ended September 30, 2007.
Total Income increased by 33.7% to Rs126609.9mn for the quarter ended September 30, 2008 from Rs94677.5mn for the quarter ended September 30, 2007
The stock down by 2.5% to Rs105 after hitting an intra-day high of Rs110 and a low of Rs101 and recorded volumes of over 26,00,000 shares on BSE.
Stick to the frontline stocks and lock in gains at higher levels. Keep some cash handy to take advantage when the market eases further. Wait for a clear signal of stability from the market before stepping up the shopping spree.Tata Chemicals - BUY
We recommend a buy in Tata Chemicals from a short-term horizon. It evident from the charts of Tata Chemicals that it was on an intermediate-term downtrend from its 52-week high of Rs 440 (recorded on May 29), forming lower bottoms and lower peaks. During early September, the stock’s intermediate-term downtrend accelerated and the stock witnessed a sharp decline. In a short span of four weeks, the stock lost almost 54 per cent as it tumbled from Rs 330 to Rs 150.
However, the stock found support at Rs 150 (long-term support level, 2005 low) and bounced up shaping a bullish engulfing candlestick pattern, a bullish reversal pattern. Reinforcing the bullishness, the stock surged 5 per cent accompanied with above average volume on October 21. Both the daily and weekly relative strength indexes have recovered from the oversold zone.
The daily moving average convergence and divergence is signalling a buy. We are bullish on the stock from a short-term perspective. We expect the stock to rally until it hits our price target of Rs 195 in the approaching trading sessions. Traders with short-term perspective can buy the stock while maintaining a stop-loss at Rs 168
via BL
FIIs short selling!!
The Securities Exchange Board of India on Tuesday released the second set of data on securities lent overseas by FIIs between October 15 and October 17.
NTPC is on the top , with more than 21.19 lakh of its shares lent to overseas investors, the SEBI data showed.
The data was compiled from reports submitted by 33 of 34 participatory notes-issuing FIIs, said SEBI.
The regulator intends to study the data to check for correlation between overseas lending of these securities and domestic sale of shares by FIIs.
Analysts said it is too early to tell if such securities lending by FIIs leads to selling in the domestic market.
The stock price of NTPC, for instance, recorded a drop of more than nine per cent from October 15 to October 20, but analysts said there were so many factors at play.
The second stock on the list was Hindustan Unilever Ltd (15.75 lakh shares). This stock rose 3.50 per cent from October 15 to October 20.
Reliance Capital, of which more than 7.28 lakh shares were lent to overseas investors, fell more than 8 per cent during the period, while L&T, 6.32 lakh shares of which were lent, fell 9.15 per cent.
BHEL, whose shares were also lent, fell by close to 21 per cent between October 15 and October 20.
FIIs have been net sellers for Rs 48,368 crore or about $12 billion in 2008, according to the data on SEBI Web site.
SEBI had last week asked FIIs and their agents to provide information of Indian securities lent to entities overseas, which would have the effect of a short sale in the security in the Indian market.
It had announced it would give details of lending by overseas funds and their sub-accounts abroad on a consolidated basis twice a week, on Tuesdays and Fridays, providing the first set of data on Oct. 17.
SEBI displeasure
Later on Monday, SEBI said it disapproves of the overseas lending/borrowing activity of FIls and the consequent selling pressure in the cash market in India. It also said that it has communicated its disapproval to FIls.
It has also warned that if necessary stronger measures will be taken.
There is some speculation in the market on what these stronger measures would constitute. A ban on short selling by FIIs was the most common speculation. In fact, part of the reason for the gain in stocks on Tuesday was attributed to SEBI’s implied warning to FIIs that it does not approve of short selling in Indian securities.
“In any free market there should be no ban on short selling, but a fool-proof mechanism should be worked out,” said Mr Manish Sonthalia, VP-Equity Strategy, Motilal Oswal financial Services.
While the regulator has indicated that they are still studying the data, they have already expressed their disapproval of overseas lending and borrowing of Indian shares, he said.
According to the SEBI Web site there are 1,541 registered FIIs as on October 21, 2008, while there are 4,735 registered sub-accounts
via BL
Results Calendar - Oct 2008
| Oct 22 2008 | 3i Infotech Ltd |
| Oct 22 2008 | A.K.Capital Services Ltd |
| Oct 22 2008 | Advani Hotels & Resorts (India) Ltd |
| Oct 22 2008 | Agro Tech Foods Ltd |
| Oct 22 2008 | Apcotex Industries Ltd |
| Oct 22 2008 | Ashima Ltd |
| Oct 22 2008 | Ashish Polyplast Ltd |
| Oct 22 2008 | Assam Petrochemicals Ltd |
| Oct 22 2008 | Bajaj Auto Finance Ltd |
| Oct 22 2008 | Bajaj Electricals Ltd |
| Oct 22 2008 | Birla Capital & Financial Services Ltd |
| Oct 22 2008 | Birla Precision Technologies Ltd |
| Oct 22 2008 | Blue Blends Finance Ltd |
| Oct 22 2008 | Burnpur Cement Ltd |
| Oct 22 2008 | Cadila Healthcare Ltd |
| Oct 22 2008 | Century Enka Ltd |
| Oct 22 2008 | Century Textiles & Industries Ltd |
| Oct 22 2008 | CitiPort Financial Services Ltd |
| Oct 22 2008 | Conart Engineers Ltd |
| Oct 22 2008 | Coromandel Fertilisers Ltd |
| Oct 22 2008 | Decolight Ceramics Ltd |
| Oct 22 2008 | Deepak Nitrite Ltd |
| Oct 22 2008 | Eastern Treads Ltd |
| Oct 22 2008 | Enkei Castalloy Ltd |
| Oct 22 2008 | Envair Electrodyne Ltd |
| Oct 22 2008 | Essel Propack Ltd |
| Oct 22 2008 | First Winner Industries Ltd |
| Oct 22 2008 | Frontier Springs Ltd |
| Oct 22 2008 | G G Dandekar Machine Works Ltd |
| Oct 22 2008 | Gati Ltd |
| Oct 22 2008 | Gillette India Ltd |
| Oct 22 2008 | Goldcrest Finance (India) Ltd |
| Oct 22 2008 | Greenply Industries Ltd |
| Oct 22 2008 | GSL (India) Ltd |
| Oct 22 2008 | GTN Industries Ltd |
| Oct 22 2008 | Gujarat Narmada Valley Fertilisers Company Ltd |
| Oct 22 2008 | H K Finechem Ltd |
| Oct 22 2008 | Hella India Lighting Ltd |
| Oct 22 2008 | Hercules Hoists Ltd |
| Oct 22 2008 | Hikal Ltd |
| Oct 22 2008 | Himatsingka Seide Ltd |
| Oct 22 2008 | Hind Syntex Ltd |
| Oct 22 2008 | Hinduja Foundries Ltd |
| Oct 22 2008 | Hotel Leela Venture Ltd |
| Oct 22 2008 | IndiaNivesh Ltd |
| Oct 22 2008 | Indowind Energy Ltd |
| Oct 22 2008 | Indraprastha Medical Corporation Ltd |
| Oct 22 2008 | International Combustion (India) Ltd |
| Oct 22 2008 | Jaisal Securities Ltd |
| Oct 22 2008 | Jenburkt Pharmaceuticals Ltd |
| Oct 22 2008 | Jindal Drilling & Industries Ltd |
| Oct 22 2008 | Jindal Saw Ltd |
| Oct 22 2008 | Kabra Extrusion Technik Ltd |
| Oct 22 2008 | Kappac Pharma Ltd |
| Oct 22 2008 | Kirloskar Oil Engines Ltd |
| Oct 22 2008 | Krishna Filaments Ltd |
| Oct 22 2008 | KSL and Industries Ltd |
| Oct 22 2008 | L T Foods Ltd |
| Oct 22 2008 | Liberty Shoes Ltd |
| Oct 22 2008 | Macmillan India Ltd |
| Oct 22 2008 | Madhav Marbles and Granites Ltd |
| Oct 22 2008 | Magma Fincorp Ltd |
| Oct 22 2008 | Magnum Ltd |
| Oct 22 2008 | Maharashtra Scooters Ltd |
| Oct 22 2008 | Mahindra Composites Ltd |
| Oct 22 2008 | Malar Hospitals Ltd |
| Oct 22 2008 | Mangalore Chemicals & Fertilizers Ltd |
| Oct 22 2008 | Mardia Samyoung Capillary Tubes Company Ltd |
| Oct 22 2008 | Max India Ltd |
| Oct 22 2008 | McDowell Holdings Ltd |
| Oct 22 2008 | Morepen Laboratories Ltd |
| Oct 22 2008 | Munoth Capital Market Ltd |
| Oct 22 2008 | Nachmo Knitex Ltd |
| Oct 22 2008 | NELCO Ltd |
| Oct 22 2008 | Netlink Solutions (India) Ltd |
| Oct 22 2008 | Nicco Parks & Resorts Ltd |
| Oct 22 2008 | Nippo Batteries Company Ltd |
| Oct 22 2008 | NOCIL Ltd |
| Oct 22 2008 | Orient Paper & Industries Ltd |
| Oct 22 2008 | P I Drugs & Pharmaceuticals Ltd |
| Oct 22 2008 | Padam Cotton Yarns Ltd |
| Oct 22 2008 | Panasonic Carbon India Company Ltd |
| Oct 22 2008 | Paramount Communications Ltd |
| Oct 22 2008 | Pet Plastics Ltd |
| Oct 22 2008 | Pidilite Industries Ltd |
| Oct 22 2008 | Pioneer Investcorp Ltd |
| Oct 22 2008 | Plastiblends India Ltd |
| Oct 22 2008 | Poddar Pigments Ltd |
| Oct 22 2008 | Pooja Entertainment & Films Ltd |
| Oct 22 2008 | Prime Focus Ltd |
| Oct 22 2008 | Prism Finance Ltd |
| Oct 22 2008 | Radhe Developers (India) Ltd |
| Oct 22 2008 | Rane Engine Valve Ltd |
| Oct 22 2008 | Ras Resorts & Apart Hotels Ltd |
| Oct 22 2008 | Resonance Specialities Ltd |
| Oct 22 2008 | Robinson Worldwide Trade Ltd |
| Oct 22 2008 | Samkrg Pistons & Rings Ltd |
| Oct 22 2008 | Schablona India Ltd |
| Oct 22 2008 | Shalimar Paints Ltd |
| Oct 22 2008 | Shilp Gravures Ltd |
| Oct 22 2008 | Shree Krishna Paper Mills & Industries Ltd |
| Oct 22 2008 | SHRI Krishna Devcon Ltd |
| Oct 22 2008 | Shyam Star Gems Ltd |
| Oct 22 2008 | SI Group - India Ltd |
| Oct 22 2008 | Silktex Ltd |
| Oct 22 2008 | Simplex Mills Company Ltd |
| Oct 22 2008 | Simplex Papers Ltd |
| Oct 22 2008 | Simplex Realty Ltd |
| Oct 22 2008 | SJ Corporation Ltd |
| Oct 22 2008 | SKF India Ltd |
| Oct 22 2008 | Sona Koyo Steering Systems Ltd |
| Oct 22 2008 | Stovec Industries Ltd |
| Oct 22 2008 | Subhkam Capital Ltd |
| Oct 22 2008 | Subuthi Finance Ltd |
| Oct 22 2008 | Sukhjit Starch & Chemicals Ltd |
| Oct 22 2008 | Sunraj Diamond Exports Ltd |
| Oct 22 2008 | Suryodaya Plastics Ltd |
| Oct 22 2008 | TCI Industries Ltd |
| Oct 22 2008 | Tips Industries Ltd |
| Oct 22 2008 | Titan Trading and Agencies Ltd |
| Oct 22 2008 | Tourism Finance Corporation of India Ltd |
| Oct 22 2008 | Transformers & Rectifiers India Ltd |
| Oct 22 2008 | Transpek Industry Ltd |
| Oct 22 2008 | Transport Corporation of India Ltd |
| Oct 22 2008 | Transwarranty Finance Ltd |
| Oct 22 2008 | Tuticorin Alkali Chemicals & Fertilisers Ltd |
| Oct 22 2008 | Upsurge Investment & Finance Ltd |
| Oct 22 2008 | Victoria Mills Ltd |
| Oct 22 2008 | Vikas Granaries Ltd |
| Oct 22 2008 | Vivid Chemicals Ltd |
| Oct 22 2008 | VLS Finance Ltd |
| Oct 22 2008 | Vyapar Industries Ltd |
| Oct 22 2008 | Z F Steering Gear (India) Ltd |
| Oct 22 2008 | Zenith Birla (India) Ltd |
| Oct 23 2008 | Aaswa Trading and Exports Ltd |
| Oct 23 2008 | ABC India Ltd |
| Oct 23 2008 | ACC Ltd |
| Oct 23 2008 | Adinath Exim Resources Ltd |
| Oct 23 2008 | Ajanta Pharma Ltd |
| Oct 23 2008 | Alkyl Amines Chemicals Ltd |
| Oct 23 2008 | Amforge Industries Ltd |
| Oct 23 2008 | Andhra Pradesh Paper Mills Ltd |
| Oct 23 2008 | Apollo Tyres Ltd |
| Oct 23 2008 | Aptech Ltd |
| Oct 23 2008 | Arrow Coated Products Ltd |
| Oct 23 2008 | Asahi India Glass Ltd |
| Oct 23 2008 | Ashapura Minechem Ltd |
| Oct 23 2008 | Astrazeneca Pharma India Ltd |
| Oct 23 2008 | Aventis Pharma Ltd |
| Oct 23 2008 | Axis Capital Markets (India) Ltd |
| Oct 23 2008 | Benares Hotels Ltd |
| Oct 23 2008 | Bharat Bijlee Ltd |
| Oct 23 2008 | Bhartiya International Ltd |
| Oct 23 2008 | Binani Cement Ltd |
| Oct 23 2008 | Birla Power Solutions Ltd |
| Oct 23 2008 | BOC India Ltd |
| Oct 23 2008 | Bodal Chemicals Ltd |
| Oct 23 2008 | Britannia Industries Ltd |
| Oct 23 2008 | BSEL Infrastructure Realty Ltd |
| Oct 23 2008 | CEAT Ltd |
| Oct 23 2008 | Champagne Indage Ltd |
| Oct 23 2008 | Ciba India Ltd |
| Oct 23 2008 | City Union Bank Ltd |
| Oct 23 2008 | Clariant Chemicals (India) Ltd |
| Oct 23 2008 | Cords Cable Industries Ltd |
| Oct 23 2008 | Cravatex Ltd |
| Oct 23 2008 | Cybertech Systems & Software Ltd |
| Oct 23 2008 | D S Kulkarni Developers Ltd |
| Oct 23 2008 | Dabur Pharma Ltd |
| Oct 23 2008 | Dagger-Forst Tools Ltd |
| Oct 23 2008 | Deepak Fertilizers & Petrochemicals Corp Ltd |
| Oct 23 2008 | Dena Bank |
| Oct 23 2008 | Dharani Finance Ltd |
| Oct 23 2008 | Dharani Sugars & Chemicals Ltd |
| Oct 23 2008 | Empee Distilleries Ltd |
| Oct 23 2008 | Empee Sugars & Chemicals Ltd |
| Oct 23 2008 | Escorts Finance Ltd |
| Oct 23 2008 | ETP Corporation Ltd |
| Oct 23 2008 | Everest Kanto Cylinder Ltd |
| Oct 23 2008 | Excel Crop Care Ltd |
| Oct 23 2008 | Ficon Lease & Finance Ltd |
| Oct 23 2008 | Fulford (India) Ltd |
| Oct 23 2008 | Futuristic Offshore Services and Chemical Ltd |
| Oct 23 2008 | G M Breweries Ltd |
| Oct 23 2008 | G P Electronics Ltd |
| Oct 23 2008 | Galaxy Entertainment Corporation Ltd |
| Oct 23 2008 | Ganesh Benzoplast Ltd |
| Oct 23 2008 | Garware Offshore Services Ltd |
| Oct 23 2008 | GIVO Ltd |
| Oct 23 2008 | Godavari Drugs Ltd |
| Oct 23 2008 | Golkunda Diamonds & Jewellery Ltd |
| Oct 23 2008 | Gopal Iron & Steels Co.(Gujarat) Ltd |
| Oct 23 2008 | Gujarat Alkalies & Chemicals Ltd |
| Oct 23 2008 | Gujarat Apollo Industries Ltd |
| Oct 23 2008 | Gujarat Terce Laboratories Ltd |
| Oct 23 2008 | Gupta Synthetics Ltd |
| Oct 23 2008 | Haryana Capfin Ltd |
| Oct 23 2008 | HEG Ltd |
| Oct 23 2008 | Hinduja Ventures Ltd |
| Oct 23 2008 | Hindustan Composites Ltd |
| Oct 23 2008 | Hindustan Oil Exploration Company Ltd |
| Oct 23 2008 | Indage Restaurants & Leisure Ltd |
| Oct 23 2008 | Indian Extraction Ltd |
| Oct 23 2008 | Indian Infotech and Software Ltd |
| Oct 23 2008 | Indoco Remedies Ltd |
| Oct 23 2008 | Infomedia 18 Ltd |
| Oct 23 2008 | Infotech Enterprises Ltd |
| Oct 23 2008 | Innovative Foods Ltd |
| Oct 23 2008 | Insilco Ltd |
| Oct 23 2008 | IO System Ltd |
| Oct 23 2008 | Ircon International Ltd |
| Oct 23 2008 | Ishwarshakti Holdings & Traders Ltd |
| Oct 23 2008 | Jaybharat Textiles & Real Estate Ltd |
| Oct 23 2008 | Jhaveri Credits & Capital Ltd |
| Oct 23 2008 | Jindal South West Holdings Ltd |
| Oct 23 2008 | JK Tyre & Industries Ltd |
| Oct 23 2008 | Joy Reality Ltd |
| Oct 23 2008 | Jyothy Laboratories Ltd |
| Oct 23 2008 | K E C International Ltd |
| Oct 23 2008 | Kakatiya Textiles Ltd |
| Oct 23 2008 | Kapashi Commercial Ltd |
| Oct 23 2008 | Kar Mobiles Ltd |
| Oct 23 2008 | Kirloskar Brothers Ltd |
| Oct 23 2008 | Kolte Patil Developers Ltd |
| Oct 23 2008 | Lanco Industries Ltd |
| Oct 23 2008 | Machino Plastics Ltd |
| Oct 23 2008 | Madras Cements Ltd |
| Oct 23 2008 | Mafatlal Industries Ltd |
| Oct 23 2008 | Maharashtra Elektrosmelt Ltd |
| Oct 23 2008 | Maharashtra Seamless Ltd |
| Oct 23 2008 | Mahindra Ugine Steel Company Ltd |
| Oct 23 2008 | Master Chemicals Ltd |
| Oct 23 2008 | Metal Coatings (India) Ltd |
| Oct 23 2008 | Millennium Beer Industries Ltd |
| Oct 23 2008 | MIRC Electronics Ltd |
| Oct 23 2008 | Morganite Crucible (India) Ltd |
| Oct 23 2008 | Moschip Semiconductor Technology Ltd |
| Oct 23 2008 | Mount Everest Mineral Water Ltd |
| Oct 23 2008 | Mukand Engineers Ltd |
| Oct 23 2008 | Munjal Showa Ltd |
| Oct 23 2008 | N R Agarwal Industries Ltd |
| Oct 23 2008 | Nagarjuna Agri Tech Ltd |
| Oct 23 2008 | Navkar Builders Ltd |
| Oct 23 2008 | Nilkamal Ltd |
| Oct 23 2008 | Nirma Ltd |
| Oct 23 2008 | Nitco Ltd |
| Oct 23 2008 | Nova Petrochemicals Ltd |
| Oct 23 2008 | Numech Emballage Ltd |
| Oct 23 2008 | Oudh Sugar Mills Ltd |
| Oct 23 2008 | P. H. Capital Ltd |
| Oct 23 2008 | Padmanabh Alloys & Polymers Ltd |
| Oct 23 2008 | Pan India Corporation Ltd |
| Oct 23 2008 | PFL Infotech Ltd |
| Oct 23 2008 | Polymechplast Machines Ltd |
| Oct 23 2008 | Precious Trading & Investments Ltd |
| Oct 23 2008 | Premier Ltd |
| Oct 23 2008 | Prime Textiles Ltd |
| Oct 23 2008 | PTC India Ltd |
| Oct 23 2008 | PTL Enterprises Ltd |
| Oct 23 2008 | Punj Lloyd Ltd |
| Oct 23 2008 | Rajesh Exports Ltd |
| Oct 23 2008 | Rajshree Sugars & Chemicals Ltd |
| Oct 23 2008 | Ram Ratna Wires Ltd |
| Oct 23 2008 | Rico Auto Industries Ltd |
| Oct 23 2008 | RPG Life Sciences Ltd |
| Oct 23 2008 | Saamya Biotech (India) Ltd |
| Oct 23 2008 | Sadbhav Engineering Ltd |
| Oct 23 2008 | Sahara One Media and Entertainment Ltd |
| Oct 23 2008 | Saksoft Ltd |
| Oct 23 2008 | Samtel Color Ltd |
| Oct 23 2008 | Scanpoint Geomatics Ltd |
| Oct 23 2008 | Scenario Media Ltd |
| Oct 23 2008 | Selan Explorations Technology Ltd |
| Oct 23 2008 | SER Industries Ltd |
| Oct 23 2008 | Sharp India Ltd |
| Oct 23 2008 | SIL Investments Ltd |
| Oct 23 2008 | SNL Bearings Ltd |
| Oct 23 2008 | Solvay Pharma India Ltd |
| Oct 23 2008 | South Asian Enterprises Ltd |
| Oct 23 2008 | South India Paper Mills Ltd |
| Oct 23 2008 | Spel Semiconductor Ltd |
| Oct 23 2008 | SRF Ltd |
| Oct 23 2008 | Suryanagri Finlease Ltd |
| Oct 23 2008 | Sutlej Textiles and Industries Ltd |
| Oct 23 2008 | Swaraj Mazda Ltd |
| Oct 23 2008 | Sylph Technologies Ltd |
| Oct 23 2008 | Tamil Nadu Petro Products Ltd |
| Oct 23 2008 | Tanfac Industries Ltd |
| Oct 23 2008 | Tanla Solutions Ltd |
| Oct 23 2008 | TECIL Chemicals & Hydro Power Ltd |
| Oct 23 2008 | Thirumalai Chemicals Ltd |
| Oct 23 2008 | Tinplate Company of India Ltd |
| Oct 23 2008 | Transchem Ltd |
| Oct 23 2008 | TVS Electronics Ltd |
| Oct 23 2008 | Ultramarine & Pigments Ltd |
| Oct 23 2008 | Uni Abex Alloy Products Ltd |
| Oct 23 2008 | United Breweries Ltd |
| Oct 23 2008 | VCK Capital Market Services Ltd |
| Oct 23 2008 | Veejay Lakshmi Engineering Works Ltd |
| Oct 23 2008 | Vijaya Bank |
| Oct 23 2008 | Vikram Thermo (India) Ltd |
| Oct 23 2008 | Vimal Oil and Foods Ltd |
| Oct 23 2008 | VTM Ltd |
| Oct 23 2008 | West Coast Paper Mills Ltd |
| Oct 23 2008 | Whirlpool of India Ltd |
| Oct 23 2008 | Wires & Fabriks (S.A) Ltd |
| Oct 23 2008 | Wyeth Ltd |
| Oct 23 2008 | Zee News Ltd |
| Oct 24 2008 | Abee Info Consumables Ltd |
| Oct 24 2008 | Abhishek Industries Ltd |
| Oct 24 2008 | ABM Knowledgeware Ltd |
| Oct 24 2008 | Advance Multitech Ltd |
| Oct 24 2008 | Advance Petrochemicals Ltd |
| Oct 24 2008 | Ajmera Realty & Infra India Ltd |
| Oct 24 2008 | AksharChem (India) Ltd |
| Oct 24 2008 | Albright & Wilson Chemicals India Ltd |
| Oct 24 2008 | Alcobex Metals Ltd |
| Oct 24 2008 | Alumeco India Extrusion Ltd |
| Oct 24 2008 | Amit Spinning Industries Ltd |
| Oct 24 2008 | Andhra Cements Ltd |
| Oct 24 2008 | Anil Special Steel Industries Ltd |
| Oct 24 2008 | Ansal Buildwell Ltd |
| Oct 24 2008 | Anuh Pharma Ltd |
| Oct 24 2008 | Anukaran Commercial Enterprises Ltd |
| Oct 24 2008 | Arrow Webtex Ltd |
| Oct 24 2008 | Aryaman Financial Services Ltd |
| Oct 24 2008 | Asahi Songwon Colors Ltd |
| Oct 24 2008 | Ashirwad Capital Ltd |
| Oct 24 2008 | Asian Granito India Ltd |
| Oct 24 2008 | Atlas Copco (India) Ltd |
| Oct 24 2008 | Atul Ltd |
| Oct 24 2008 | Automotive Stampings & Assemblies Ltd |
| Oct 24 2008 | Avery India Ltd |
| Oct 24 2008 | B2B Software Technologies Ltd |
| Oct 24 2008 | Baba Arts Ltd |
| Oct 24 2008 | Banco Products (India) Ltd |
| Oct 24 2008 | Bank of Maharashtra |
| Oct 24 2008 | Best Eastern Hotels Ltd |
| Oct 24 2008 | Bhagawati Gases Ltd |
| Oct 24 2008 | Bhagwati Autocast Ltd |
| Oct 24 2008 | Bhagwati Banquets & Hotels Ltd |
| Oct 24 2008 | Bhagyanagar India Ltd |
| Oct 24 2008 | Bharat Heavy Electricals Ltd |
| Oct 24 2008 | Binani Industries Ltd |
| Oct 24 2008 | Birla Cotsyn India Ltd |
| Oct 24 2008 | Bisil Plast Ltd |
| Oct 24 2008 | BITS Ltd |
| Oct 24 2008 | Black Rose Industries Ltd |
| Oct 24 2008 | Bliss GVS Pharma Ltd |
| Oct 24 2008 | Bloom Dekor Ltd |
| Oct 24 2008 | Borax Morarji Ltd |
| Oct 24 2008 | BPL Ltd |
| Oct 24 2008 | Carborundum Universal Ltd |
| Oct 24 2008 | Cheviot Company Ltd |
| Oct 24 2008 | Chowgule Steamships Ltd |
| Oct 24 2008 | Cil Securities Ltd |
| Oct 24 2008 | CMS Infotech Ltd |
| Oct 24 2008 | Coral India Finance & Housing Ltd |
| Oct 24 2008 | Coral Laboratories Ltd |
| Oct 24 2008 | Cosmo Ferrites Ltd |
| Oct 24 2008 | D-Link (India) Ltd |
| Oct 24 2008 | Dai-ichi Karkaria Ltd |
| Oct 24 2008 | Daikaffil Chemicals India Ltd |
| Oct 24 2008 | Datamatics Technologies Ltd |
| Oct 24 2008 | Deep Industries Ltd |
| Oct 24 2008 | Deepak Spinners Ltd |
| Oct 24 2008 | Devinsu Trading Ltd |
| Oct 24 2008 | Diamines & Chemicals Ltd |
| Oct 24 2008 | Dish TV India Ltd |
| Oct 24 2008 | Dishman Pharmaceuticals and Chemicals Ltd |
| Oct 24 2008 | DJS Stock & Shares Ltd |
| Oct 24 2008 | Dolphin Offshore Enterprises (India) Ltd |
| Oct 24 2008 | Elango Industries Ltd |
| Oct 24 2008 | Elcid Investments Ltd |
| Oct 24 2008 | Emkay Global Financial Services Ltd |
| Oct 24 2008 | Emmsons International Ltd |
| Oct 24 2008 | Encore Software Ltd |
| Oct 24 2008 | Engineers India Ltd |
| Oct 24 2008 | Ensa Steel Industries Ltd |
| Oct 24 2008 | Enso Secutrack Ltd |
| Oct 24 2008 | Ester Industries Ltd |
| Oct 24 2008 | Eveready Industries India Ltd |
| Oct 24 2008 | Excel Industries Ltd |
| Oct 24 2008 | Fairfield Atlas Ltd |
| Oct 24 2008 | Fem Care Pharma Ltd |
| Oct 24 2008 | Fortune Financial Services (India) Ltd |
| Oct 24 2008 | Freshtrop Fruits Ltd |
| Oct 24 2008 | Gammon Infrastructure Projects Ltd |
| Oct 24 2008 | Garnet Construction Ltd |
| Oct 24 2008 | Garnet International Ltd |
| Oct 24 2008 | Garware Marine Industries Ltd |
| Oct 24 2008 | GCCL Construction & Realities Ltd |
| Oct 24 2008 | GCCL Infrastructure & Projects Ltd |
| Oct 24 2008 | Genus Power Infrastructures Ltd |
| Oct 24 2008 | Glance Finance Ltd |
| Oct 24 2008 | Glodyne Technoserve Ltd |
| Oct 24 2008 | Gokul Refoils and Solvent Ltd |
| Oct 24 2008 | Goldiam International Ltd |
| Oct 24 2008 | Goodluck Steel Tubes Ltd |
| Oct 24 2008 | Goodyear India Ltd |
| Oct 24 2008 | Graphite India Ltd |
| Oct 24 2008 | Graviss Hospitality Ltd |
| Oct 24 2008 | Gravity (India) Ltd |
| Oct 24 2008 | Great Offshore Ltd |
| Oct 24 2008 | Greycells Entertainment Ltd |
| Oct 24 2008 | GTN Textiles Ltd |
| Oct 24 2008 | Gujarat Credit Corporation Ltd |
| Oct 24 2008 | Gujarat Foils Ltd |
| Oct 24 2008 | Gujarat Investa Ltd |
| Oct 24 2008 | Gujarat JHM Hotels Ltd |
| Oct 24 2008 | Gujarat Reclaim & Rubber Products Ltd |
| Oct 24 2008 | HB Stockholdings Ltd |
| Oct 24 2008 | Hester Biosciences Ltd |
| Oct 24 2008 | Hexaware Technologies Ltd |
| Oct 24 2008 | Hilton Metal Forging Ltd |
| Oct 24 2008 | HTMT Global Solutions Ltd |
| Oct 24 2008 | Hyderabad Industries Ltd |
| Oct 24 2008 | IL & FS Investsmart Ltd |
| Oct 24 2008 | IMP Powers Ltd |
| Oct 24 2008 | Indian Hume Pipe Company Ltd |
| Oct 24 2008 | Indokem Ltd |
| Oct 24 2008 | Indraprastha Gas Ltd |
| Oct 24 2008 | Info Edge (India) Ltd |
| Oct 24 2008 | Informed Technologies India Ltd |
| Oct 24 2008 | Inox Leisure Ltd |
| Oct 24 2008 | Insecticides India Ltd |
| Oct 24 2008 | Integral Knit Company Ltd |
| Oct 24 2008 | International Data Management Ltd |
| Oct 24 2008 | Ion Exchange (India) Ltd |
| Oct 24 2008 | Ishita Drugs & Industries Ltd |
| Oct 24 2008 | Ishwar Bhuvan Hotels Ltd |
| Oct 24 2008 | J L Morison (India) Ltd |
| Oct 24 2008 | J.K. Agri Genetics Ltd |
| Oct 24 2008 | Jaysynth Dyestuff (India) Ltd |
| Oct 24 2008 | JBF Industries Ltd |
| Oct 24 2008 | Jenson & Nicholson (India) Ltd |
| Oct 24 2008 | Jhunjhunwala Vanaspati Ltd |
| Oct 24 2008 | Josts Engineering Company Ltd |
| Oct 24 2008 | JSW Steel Ltd |
| Oct 24 2008 | Jyoti Structures Ltd |
| Oct 24 2008 | K B S Capital Management Ltd |
| Oct 24 2008 | Kachchh Minerals Ltd |
| Oct 24 2008 | Kaira Can Company Ltd |
| Oct 24 2008 | Kalpataru Power Transmission Ltd |
| Oct 24 2008 | Kalptaru Papers Ltd |
| Oct 24 2008 | Kalyani Steels Ltd |
| Oct 24 2008 | Kamanwala Housing Construction Ltd |
| Oct 24 2008 | Kamron Laboratories Ltd |
| Oct 24 2008 | Kanpur Plastipack Ltd |
| Oct 24 2008 | Kansai Nerolac Paints Ltd |
| Oct 24 2008 | Khaitan Chemicals & Fertilizers Ltd |
| Oct 24 2008 | Kirloskar Pneumatic Company Ltd |
| Oct 24 2008 | Koa Tools India Ltd |
| Oct 24 2008 | Kriti Industries (India) Ltd |
| Oct 24 2008 | La Mere Apparels Ltd |
| Oct 24 2008 | Lakshmi Mills Company Ltd |
| Oct 24 2008 | Lalphul Investments Ltd |
| Oct 24 2008 | Lead Financial Services Ltd |
| Oct 24 2008 | Libord Infotech Ltd |
| Oct 24 2008 | Libords Securities Ltd |
| Oct 24 2008 | Lloyd Rock Fibres Ltd |
| Oct 24 2008 | Lyka Labs Ltd |
| Oct 24 2008 | Mackinnon Mackenzie & Company Ltd |
| Oct 24 2008 | Madhusudan Industries Ltd |
| Oct 24 2008 | Magico Exports & Consultants Ltd |
| Oct 24 2008 | Mahan Industries Ltd |
| Oct 24 2008 | Mahindra Forgings Ltd |
| Oct 24 2008 | Mahindra Lifespace Developers Ltd |
| Oct 24 2008 | Majestic Auto Ltd |
| Oct 24 2008 | Mangalam Drugs and Organics Ltd |
| Oct 24 2008 | Manugraph India Ltd |
| Oct 24 2008 | Marathon Nextgen Realty Ltd |
| Oct 24 2008 | Maxwell Industries Ltd |
| Oct 24 2008 | Mayur Uniquoters Ltd |
| Oct 24 2008 | Mazda Ltd |
| Oct 24 2008 | Meghmani Organics Ltd |
| Oct 24 2008 | Minda Industries Ltd |
| Oct 24 2008 | Mirza International Ltd |
| Oct 24 2008 | Miven Machine Tools Ltd |
| Oct 24 2008 | Monsanto India Ltd |
| Oct 24 2008 | Moser Baer (India) Ltd |
| Oct 24 2008 | MPIL Corporation Ltd |
| Oct 24 2008 | Mudra Lifestyle Ltd |
| Oct 24 2008 | Multi Arc India Ltd |
| Oct 24 2008 | Nagpur Power & Industries Ltd |
| Oct 24 2008 | Navneet Publications (India) Ltd |
| Oct 24 2008 | Network Ltd |
| Oct 24 2008 | Neuland Laboratories Ltd |
| Oct 24 2008 | NGL Fine Chem Ltd |
| Oct 24 2008 | Nissan Copper Ltd |
| Oct 24 2008 | Nivi Trading Ltd |
| Oct 24 2008 | NRB Bearings Ltd |
| Oct 24 2008 | NRC Ltd |
| Oct 24 2008 | Nutraplus Products (India) Ltd |
| Oct 24 2008 | Omkar Overseas Ltd |
| Oct 24 2008 | PAE Ltd |
| Oct 24 2008 | Parker Agrochem Exports Ltd |
| Oct 24 2008 | Patspin India Ltd |
| Oct 24 2008 | Phillips Carbon Black Ltd |
| Oct 24 2008 | Phoenix Lamps Ltd |
| Oct 24 2008 | Piramal Glass Ltd |
| Oct 24 2008 | Platinum Corporation Ltd |
| Oct 24 2008 | Platinum Ocean Energy Ltd |
| Oct 24 2008 | Polyspin Exports Ltd |
| Oct 24 2008 | Pondy Oxides & Chemicals Ltd |
| Oct 24 2008 | Popular Estate Management Ltd |
| Oct 24 2008 | Pritish Nandy Communications Ltd |
| Oct 24 2008 | PSL Ltd |
| Oct 24 2008 | Pudumjee Industries Ltd |
| Oct 24 2008 | Pudumjee Pulp & Paper Mills Ltd |
| Oct 24 2008 | Punjab Chemicals & Crop Protection Ltd |
| Oct 24 2008 | PVR Ltd |
| Oct 24 2008 | R Systems International Ltd |
| Oct 24 2008 | Rain Commodities Ltd |
| Oct 24 2008 | Raj Rayon Ltd |
| Oct 24 2008 | Ratnabali Capital Markets Ltd |
| Oct 24 2008 | Ratni Investments Company Ltd |
| Oct 24 2008 | Ravindra Trading and Agencies Ltd |
| Oct 24 2008 | Redington India Ltd |
| Oct 24 2008 | Relic Technologies Ltd |
| Oct 24 2008 | Responsive Industries Ltd |
| Oct 24 2008 | Revathi Equipment Ltd |
| Oct 24 2008 | RFL International Ltd |
| Oct 24 2008 | Roman Tarmat Ltd |
| Oct 24 2008 | Rose Investments Ltd |
| Oct 24 2008 | Sadhana Nitro Chem Ltd |
| Oct 24 2008 | Sai Service Station Ltd |
| Oct 24 2008 | Sakuma Exports Ltd |
| Oct 24 2008 | Sanco Trans Ltd |
| Oct 24 2008 | Sandesh Ltd |
| Oct 24 2008 | Sarang Chemicals Ltd |
| Oct 24 2008 | Sarla Performance Fibers Ltd |
| Oct 24 2008 | Satyam Silk Mills Ltd |
| Oct 24 2008 | Shamken Cotsyn Ltd |
| Oct 24 2008 | Shamken Multifab Ltd |
| Oct 24 2008 | Shamken Spinners Ltd |
| Oct 24 2008 | Shardul Securities Ltd |
| Oct 24 2008 | Shasun Chemicals & Drugs Ltd |
| Oct 24 2008 | Sheetal Bio-Agro Tech Ltd |
| Oct 24 2008 | Shivalik Bimetal Controls Ltd |
| Oct 24 2008 | Shivam Autotech Ltd |
| Oct 24 2008 | Shri Jagdamba Polymers Ltd |
| Oct 24 2008 | Shri Keshav Cements & Infra Ltd |
| Oct 24 2008 | Shyamal Holdings & Trading Ltd |
| Oct 24 2008 | Sika Interplant Systems Ltd |
| Oct 24 2008 | Sita Enterprises Ltd |
| Oct 24 2008 | SKM Egg Products Export (India) Ltd |
| Oct 24 2008 | Sonal Adhesives Ltd |
| Oct 24 2008 | Sovereign Diamonds Ltd |
| Oct 24 2008 | Specular Marketing & Financing Ltd |
| Oct 24 2008 | SPS International Ltd |
| Oct 24 2008 | Standard Industries Ltd |
| Oct 24 2008 | Standard Surfactants Ltd |
| Oct 24 2008 | State Trading Corporation of India Ltd |
| Oct 24 2008 | Sterling Green Woods Ltd |
| Oct 24 2008 | Sterling International Enterprises Ltd |
| Oct 24 2008 | Stewarts & Lloyds of India Ltd |
| Oct 24 2008 | Sugal & Damani Finlease Ltd |
| Oct 24 2008 | Sulabh Engineers & Services Ltd |
| Oct 24 2008 | Sumeru Industries Ltd |
| Oct 24 2008 | Sundaram Multi Pap Ltd |
| Oct 24 2008 | Sunteck Realty Ltd |
| Oct 24 2008 | Super Bakers (India) Ltd |
| Oct 24 2008 | Supreme Holdings Ltd |
| Oct 24 2008 | Surana Telecom and Power Ltd |
| Oct 24 2008 | Swasti Vinayaka Gems Corporation Ltd |
| Oct 24 2008 | Swasti Vinayaka Synthetics Ltd |
| Oct 24 2008 | Symphony Comfort Systems Ltd |
| Oct 24 2008 | Tai Industries Ltd |
| Oct 24 2008 | Tak Machinery & Leasing Ltd |
| Oct 24 2008 | Taparia Tools Ltd |
| Oct 24 2008 | TCFC Finance Ltd |
| Oct 24 2008 | Technocraft Industries (India) Ltd |
| Oct 24 2008 | Television Eighteen India Ltd |
| Oct 24 2008 | Torrent Cables Ltd |
| Oct 24 2008 | Torrent Pharmaceuticals Ltd |
| Oct 24 2008 | Transcorp International Ltd |
| Oct 24 2008 | Turbotech Engineering Ltd |
| Oct 24 2008 | UB Engineering Ltd |
| Oct 24 2008 | Ugar Sugar Works Ltd |
| Oct 24 2008 | Unity Infraprojects Ltd |
| Oct 24 2008 | Universal Starch Chem Allied Ltd |
| Oct 24 2008 | Usha Martin Ltd |
| Oct 24 2008 | Varun Industries Ltd |
| Oct 24 2008 | Vintage Securities Ltd |
| Oct 24 2008 | Virat Industries Ltd |
| Oct 24 2008 | Vishal Exports Overseas Ltd |
| Oct 24 2008 | Vishal Retail Ltd |
| Oct 24 2008 | Volga Air Technics Ltd |
| Oct 24 2008 | Walchand Peoplefirst Ltd |
| Oct 24 2008 | Wendt India Ltd |
| Oct 24 2008 | Yash Management & Satelite Ltd |
| Oct 24 2008 | Zicom Electronic Security Systems Ltd |
| Oct 24 2008 | Zodiac-JRD-MKJ Ltd |
| Oct 25 2008 | 20 Microns Ltd |
| Oct 25 2008 | Abhishek Corporation Ltd |
| Oct 25 2008 | Adlabs Films Ltd |
| Oct 25 2008 | Agarwal Holdings Ltd |
| Oct 25 2008 | Ahmedabad Steelcraft Ltd |
| Oct 25 2008 | AI Champdany Industries Ltd |
| Oct 25 2008 | Alfa Ica (India) Ltd |
| Oct 25 2008 | Allied Digital Services Ltd |
| Oct 25 2008 | Allsec Technologies Ltd |
| Oct 25 2008 | Almondz Capital & Management Services Ltd |
| Oct 25 2008 | Amrit Banaspati Company Ltd |
| Oct 25 2008 | Andhra Sugars Ltd |
| Oct 25 2008 | Anjani Finance Ltd |
| Oct 25 2008 | Anshuni Commercials Ltd |
| Oct 25 2008 | Apar Industries Ltd |
| Oct 25 2008 | Aplab Ltd |
| Oct 25 2008 | Archies Ltd |
| Oct 25 2008 | Arex Industries Ltd |
| Oct 25 2008 | Aro Granite Industries Ltd |
| Oct 25 2008 | Arvind Ltd |
| Oct 25 2008 | Ashiana Agro Industries Ltd |
| Oct 25 2008 | Asian Oilfield Services Ltd |
| Oct 25 2008 | Associated Stone Industries (Kotah) Ltd |
| Oct 25 2008 | Atharv Enterprises Ltd |
| Oct 25 2008 | Bell Ceramics Ltd |
| Oct 25 2008 | Bengal Tea & Fabrics Ltd |
| Oct 25 2008 | Bhageria Dye-Chem Ltd |
| Oct 25 2008 | Bhilwara Spinners Ltd |
| Oct 25 2008 | BLB Ltd |
| Oct 25 2008 | BNR Udyog Ltd |
| Oct 25 2008 | Bobshell Electrodes Ltd |
| Oct 25 2008 | Bombay Cycle & Motor Agency Ltd |
| Oct 25 2008 | Bosch Chassis Systems India Ltd |
| Oct 25 2008 | BSL Ltd |
| Oct 25 2008 | Cable Corporation of India Ltd |
| Oct 25 2008 | Capman Financials Ltd |
| Oct 25 2008 | Cenlub Industries Ltd |
| Oct 25 2008 | Central Bank of India |
| Oct 25 2008 | Century Extrusions Ltd |
| Oct 25 2008 | Chartered Capital & Investment Ltd |
| Oct 25 2008 | Chordia Food Products Ltd |
| Oct 25 2008 | Cinemax India Ltd |
| Oct 25 2008 | Cinerad Communications Ltd |
| Oct 25 2008 | Consolidated Construction Consortium Ltd |
| Oct 25 2008 | Contil India Ltd |
| Oct 25 2008 | Control Print Ltd |
| Oct 25 2008 | Corporation Bank |
| Oct 25 2008 | Cybele Industries Ltd |
| Oct 25 2008 | Deco-Mica Ltd |
| Oct 25 2008 | DIL Ltd |
| Oct 25 2008 | E.Com Infotech (India) Ltd |
| Oct 25 2008 | Euro Ceramics Ltd |
| Oct 25 2008 | Everest Buildcon Ltd |
| Oct 25 2008 | Everest Fintrade Ltd |
| Oct 25 2008 | Exdon Trading Company Ltd |
| Oct 25 2008 | Fairdeal Filaments Ltd |
| Oct 25 2008 | FDC Ltd |
| Oct 25 2008 | Fiem Industries Ltd |
| Oct 25 2008 | Gandhidham Spg. & Mfg. Co. Ltd |
| Oct 25 2008 | Gandhinagar Hotels Ltd |
| Oct 25 2008 | Gandhinagar Leasing & Finance Ltd |
| Oct 25 2008 | Gitanjali Gems Ltd |
| Oct 25 2008 | Global Vectra Helicorp Ltd |
| Oct 25 2008 | Godawari Power & Ispat Ltd |
| Oct 25 2008 | Gujarat Ambuja Exports Ltd |
| Oct 25 2008 | Gujarat Flourochemicals Ltd |
| Oct 25 2008 | Gujarat Organics Ltd |
| Oct 25 2008 | Gujarat Themis Biosyn Ltd |
| Oct 25 2008 | Harleystreet Pharmaceuticals Ltd |
| Oct 25 2008 | HB Estate Developers Ltd |
| Oct 25 2008 | HB Portfolio Ltd |
| Oct 25 2008 | Hindustan Organic Chemicals Ltd |
| Oct 25 2008 | Hipolin Ltd |
| Oct 25 2008 | Hitech Plast Ltd |
| Oct 25 2008 | ICRA Ltd |
| Oct 25 2008 | Ind-Swift Laboratories Ltd |
| Oct 25 2008 | Ind-Swift Ltd |
| Oct 25 2008 | Indergiri Finance Ltd |
| Oct 25 2008 | India Nippon Electricals Ltd |
| Oct 25 2008 | Inhouse Productions Ltd |
| Oct 25 2008 | J K Cements Ltd |
| Oct 25 2008 | Jasch Industries Ltd |
| Oct 25 2008 | Jolly Board Ltd |
| Oct 25 2008 | Jyoti Cosmetics (Exim) Ltd |
| Oct 25 2008 | Jyoti Ltd |
| Oct 25 2008 | Jyoti Resins and Adhesives Ltd |
| Oct 25 2008 | Kajaria Ceramics Ltd |
| Oct 25 2008 | Kallam Spinning Mills Ltd |
| Oct 25 2008 | Kalyani Forge Ltd |
| Oct 25 2008 | Kalyanpur Cements Ltd |
| Oct 25 2008 | Kamat Hotels (India) Ltd |
| Oct 25 2008 | Karnataka Bank Ltd |
| Oct 25 2008 | Karuturi Global Ltd |
| Oct 25 2008 | Kemrock Industries & Exports Ltd |
| Oct 25 2008 | Kirloskar Ferrous Industries Ltd |
| Oct 25 2008 | KLG Systel Ltd |
| Oct 25 2008 | Lippi Systems Ltd |
| Oct 25 2008 | Lumax Automotive Systems Ltd |
| Oct 25 2008 | Mapro Industries Ltd |
| Oct 25 2008 | Mather & Platt Fire Systems Ltd |
| Oct 25 2008 | Mather & Platt Pumps Ltd |
| Oct 25 2008 | Melstar Information Technologies Ltd |
| Oct 25 2008 | Metrochem Industries Ltd |
| Oct 25 2008 | Mid India Industries Ltd |
| Oct 25 2008 | Modi Rubber Ltd |
| Oct 25 2008 | Modison Metals Ltd |
| Oct 25 2008 | Mohit Paper Mills Ltd |
| Oct 25 2008 | Multiplus Holdings Ltd |
| Oct 25 2008 | Munjal Auto Industries Ltd |
| Oct 25 2008 | National Steel & Agro Industries Ltd |
| Oct 25 2008 | NCJ International Ltd |
| Oct 25 2008 | Nelcast Ltd |
| Oct 25 2008 | Netvision Web Technologies Ltd |
| Oct 25 2008 | Nidhi Polyester Ltd |
| Oct 25 2008 | Orient Ceramics & Industries Ltd |
| Oct 25 2008 | Oswal Yarns Ltd |
| Oct 25 2008 | Panchsheel Organics Ltd |
| Oct 25 2008 | Parekh Platinum Ltd |
| Oct 25 2008 | PBM Polytex Ltd |
| Oct 25 2008 | Pearl Engineering Polymers Ltd |
| Oct 25 2008 | Pearl Polymers Ltd |
| Oct 25 2008 | PNB Gilts Ltd |
| Oct 25 2008 | Pradeep Metals Ltd |
| Oct 25 2008 | Pratibha Industries Ltd |
| Oct 25 2008 | Pratiksha Chemicals Ltd |
| Oct 25 2008 | Precision Electronics Ltd |
| Oct 25 2008 | Precision Wires India Ltd |
| Oct 25 2008 | Pro Fin Capital Services Ltd |
| Oct 25 2008 | Punctual Trading Ltd |
| Oct 25 2008 | Radha Madhav Corporation Ltd |
| Oct 25 2008 | Rajasthan Tube Manufacturing Co Ltd |
| Oct 25 2008 | Rajdarshan Industries Ltd |
| Oct 25 2008 | Rap Media Ltd |
| Oct 25 2008 | Rathi Graphic Technologies Ltd |
| Oct 25 2008 | Remsons Industries Ltd |
| Oct 25 2008 | Renaissance Jewellery Ltd |
| Oct 25 2008 | Riba Textiles Ltd |
| Oct 25 2008 | Ridhi Synthetics Ltd |
| Oct 25 2008 | Rolcon Engineering Company Ltd |
| Oct 25 2008 | Roselabs Ltd |
| Oct 25 2008 | Roto Pumps Ltd |
| Oct 25 2008 | RSWM Ltd |
| Oct 25 2008 | Ruby Mills Ltd |
| Oct 25 2008 | Ruttonsha International Rectifier Ltd |
| Oct 25 2008 | S.Kumars Nationwide Ltd |
| Oct 25 2008 | Saboo Sodium Chloro Ltd |
| Oct 25 2008 | Sagar Cements Ltd |
| Oct 25 2008 | Sahyadri Industries Ltd |
| Oct 25 2008 | Salzer Electronics Ltd |
| Oct 25 2008 | Sangam (India) Ltd |
| Oct 25 2008 | Saurashtra Cement Ltd |
| Oct 25 2008 | Savita Chemicals Ltd |
| Oct 25 2008 | Shree Narmada Aluminium Industries Ltd |
| Oct 25 2008 | Shree Rama Multi-Tech Ltd |
| Oct 25 2008 | Shree Rubber Industries Ltd |
| Oct 25 2008 | Shri Chlochem Ltd |
| Oct 25 2008 | Simplex Trading & Agencies Ltd |
| Oct 25 2008 | Sinnar Bidi Udyog Ltd |
| Oct 25 2008 | Sir Shadi Lal Enterprises Ltd |
| Oct 25 2008 | Siyaram Silk Mills Ltd |
| Oct 25 2008 | SKP Securities Ltd |
| Oct 25 2008 | Solid Stone Company Ltd |
| Oct 25 2008 | South Asian Petrochem Ltd |
| Oct 25 2008 | Spectrum Foods Ltd |
| Oct 25 2008 | Stanpacks (India) Ltd |
| Oct 25 2008 | Stock Net International Ltd |
| Oct 25 2008 | Sudarshan Chemical Industries Ltd |
| Oct 25 2008 | Suniti Commercials Ltd |
| Oct 25 2008 | Supertex Industries Ltd |
| Oct 25 2008 | Surabhi Chemicals & Investments Ltd |
| Oct 25 2008 | Swastika Investmart Ltd |
| Oct 25 2008 | T T Ltd |
| Oct 25 2008 | Tainwala Chemicals & Plastics (India) Ltd |
| Oct 25 2008 | Tayo Rolls Ltd |
| Oct 25 2008 | Techno Electric & Engineering Company Ltd |
| Oct 25 2008 | Techtran Polylenses Ltd |
| Oct 25 2008 | Themis Medicare Ltd |
| Oct 25 2008 | Tokyo Finance Ltd |
| Oct 25 2008 | Tokyo Plast International Ltd |
| Oct 25 2008 | Triochem Products Ltd |
| Oct 25 2008 | Tulip Telecom Ltd |
| Oct 25 2008 | Uniflex Cables Ltd |
| Oct 25 2008 | United Van Der Horst Ltd |
| Oct 25 2008 | Valson Industries Ltd |
| Oct 25 2008 | Vardhman Holdings Ltd |
| Oct 25 2008 | Vardhman Textiles Ltd |
| Oct 25 2008 | VCCL Ltd |
| Oct 25 2008 | Vipul Dye Chem Ltd |
| Oct 25 2008 | White Diamond Industries Ltd |
| Oct 25 2008 | Wim Plast Ltd |
| Oct 25 2008 | Windsor Machines Ltd |
| Oct 25 2008 | Xo Infotech Ltd |
| Oct 25 2008 | Zenith Computers Ltd |
| Oct 25 2008 | Zenith Infotech Ltd |
| Oct 27 2008 | ABG Shipyard Ltd |
| Oct 27 2008 | Action Financial Services (I) Ltd |
| Oct 27 2008 | Alok Industries Ltd |
| Oct 27 2008 | Anant Raj Industries Ltd |
| Oct 27 2008 | Areva T&D India Ltd |
| Oct 27 2008 | Artheon Finance Ltd |
| Oct 27 2008 | Asian Tea & Exports Ltd |
| Oct 27 2008 | Associated Marmo & Granites Ltd |
| Oct 27 2008 | Available Finance Ltd |
| Oct 27 2008 | Bagadia Colourchem Ltd |
| Oct 27 2008 | Bagalkot Udyog Ltd |
| Oct 27 2008 | Bal Pharma Ltd |
| Oct 27 2008 | BCL Forgings Ltd |
| Oct 27 2008 | Bemco Hydraulics Ltd |
| Oct 27 2008 | Bhagyodaya Marketing Company Ltd |
| Oct 27 2008 | Bluechip Tex Industries Ltd |
| Oct 27 2008 | Brushman (India) Ltd |
| Oct 27 2008 | C & C Constructions Ltd |
| Oct 27 2008 | C J Gelatine Products Ltd |
| Oct 27 2008 | Carol Info Services Ltd |
| Oct 27 2008 | Chartered Logistics Ltd |
| Oct 27 2008 | Chhattisgarh Industries Ltd |
| Oct 27 2008 | Clarus Finance & Securities Ltd |
| Oct 27 2008 | Continental Controls Ltd |
| Oct 27 2008 | Core Emballage Ltd |
| Oct 27 2008 | Credence Sound & Vision Ltd |
| Oct 27 2008 | Dharamsi Morarji Chemicals Co Ltd |
| Oct 27 2008 | Dynemic Products Ltd |
| Oct 27 2008 | ELF Trading And Chemicals Manufacturing Ltd |
| Oct 27 2008 | Empire Industries Ltd |
| Oct 27 2008 | Esquire Money Guarantees Ltd |
| Oct 27 2008 | Filmcity Media Ltd |
| Oct 27 2008 | Foods & Inns Ltd |
| Oct 27 2008 | Futura Polyesters Ltd |
| Oct 27 2008 | GDL Leasing & Finance Ltd |
| Oct 27 2008 | Glenmark Pharmaceuticals Ltd |
| Oct 27 2008 | Gulf Oil Corporation Ltd |
| Oct 27 2008 | Hindusthan National Glass & Industries Ltd |
| Oct 27 2008 | Hitkari Fibres Ltd |
| Oct 27 2008 | Indo Asian Fusegear Ltd |
| Oct 27 2008 | International Travel House Ltd |
| Oct 27 2008 | Jayaswal Neco Industries Ltd |
| Oct 27 2008 | Jayshree Chemicals Ltd |
| Oct 27 2008 | JM Financial Limited |
| Oct 27 2008 | Kamadgiri Synthetics Ltd |
| Oct 27 2008 | Lahoti Overseas Ltd |
| Oct 27 2008 | LCC Infotech Ltd |
| Oct 27 2008 | Lok Housing & Constructions Ltd |
| Oct 27 2008 | Lynx Machinery & Commercials Ltd |
| Oct 27 2008 | Madhusudan Securities Ltd |
| Oct 27 2008 | Maestros Mediline Systems Ltd |
| Oct 27 2008 | Mahindra & Mahindra Financial Services Ltd |
| Oct 27 2008 | Martin Burn Ltd |
| Oct 27 2008 | Muller & Phipps (India) Ltd |
| Oct 27 2008 | National Fertilizer Ltd |
| Oct 27 2008 | Nijjer Agro Foods Ltd |
| Oct 27 2008 | Olympic Management & Financial Services Ltd |
| Oct 27 2008 | Omega Interactive Technologies Ltd |
| Oct 27 2008 | Polar Industries Ltd |
| Oct 27 2008 | Prem Somani Financial Services Ltd |
| Oct 27 2008 | Punit Commercials Ltd |
| Oct 27 2008 | Rose Merc. Ltd |
| Oct 27 2008 | Royal Orchid Hotels Ltd |
| Oct 27 2008 | Royale Manor Hotels & Industries Ltd |
| Oct 27 2008 | RPG Cables Ltd |
| Oct 27 2008 | Rubber Products Ltd |
| Oct 27 2008 | Sanjivani Paranteral Ltd |
| Oct 27 2008 | Shilchar Electronics Ltd |
| Oct 27 2008 | Shiva Suitings Ltd |
| Oct 27 2008 | Shri Ganesh Spinners Ltd |
| Oct 27 2008 | Silicon Valley Infotech Ltd |
| Oct 27 2008 | SKS Logistics Ltd |
| Oct 27 2008 | Stone India Ltd |
| Oct 27 2008 | Suashish Diamonds Ltd |
| Oct 27 2008 | Suditi Industries Ltd |
| Oct 27 2008 | Sumedha Fiscal Services Ltd |
| Oct 27 2008 | Sun Pharma Advanced Research Company Ltd |
| Oct 27 2008 | TIL Ltd |
| Oct 27 2008 | Times Guaranty Ltd |
| Oct 27 2008 | Timken India Ltd |
| Oct 27 2008 | Tirupati Foams Ltd |
| Oct 27 2008 | Uniproducts (India) Ltd |
| Oct 27 2008 | UTV Software Communications Ltd |
| Oct 27 2008 | V R Woodart Ltd |
| Oct 27 2008 | Wadala Commodities Ltd |
| Oct 27 2008 | Watson Software Ltd |
| Oct 27 2008 | Zenith Health Care Ltd |
| Oct 27 2008 | Zodiac Clothing Company Ltd |
| Oct 28 2008 | Aroni Commercials Ltd |
| Oct 28 2008 | Jumbo Bag Ltd |
| Oct 28 2008 | Karur Vysya Bank Ltd |
| Oct 28 2008 | Saraswati Commercial (India) Ltd |
| Oct 28 2008 | Western India Cottons Ltd |
| Oct 28 2008 | Winro Commercial (India) Ltd |
| Oct 29 2008 | 3M India Ltd |
| Oct 29 2008 | Aishwarya Telecom Ltd |
| Oct 29 2008 | Alka Securities Ltd |
| Oct 29 2008 | Beeyu Overseas Ltd |
| Oct 29 2008 | Blue Chip India Ltd |
| Oct 29 2008 | Cairn India Ltd |
| Oct 29 2008 | California Software Company Ltd |
| Oct 29 2008 | CLIO Infotech Ltd |
| Oct 29 2008 | Disa India Ltd |
| Oct 29 2008 | Dolat Investments Ltd |
| Oct 29 2008 | First Leasing Company of India Ltd |
| Oct 29 2008 | Fortis Healthcare Ltd |
| Oct 29 2008 | JMDE Packaging & Realties Ltd |
| Oct 29 2008 | JRG Securities Ltd |
| Oct 29 2008 | JSL Ltd |
| Oct 29 2008 | Labh Construction and Industries Ltd |
| Oct 29 2008 | Lotus Eye Care Hospital Ltd |
| Oct 29 2008 | Mahindra & Mahindra Ltd |
| Oct 29 2008 | Monica Electronics Ltd |
| Oct 29 2008 | Nettlinx Ltd |
| Oct 29 2008 | Nitta Gelatin India Ltd |
| Oct 29 2008 | Numeric Power Systems Ltd |
| Oct 29 2008 | Onida Saka Ltd |
| Oct 29 2008 | Pix Transmission Ltd |
| Oct 29 2008 | Reliable Ventures India Ltd |
| Oct 29 2008 | Sicagen India Ltd |
| Oct 29 2008 | Subex Ltd |
| Oct 29 2008 | V-Guard Industries Ltd |
| Oct 29 2008 | Vesuvius India Ltd |
| Oct 30 2008 | ABC Paper Ltd |
| Oct 30 2008 | Abirami Financial Services (India) Ltd |
| Oct 30 2008 | Alagendran Finance Ltd |
| Oct 30 2008 | Alka India Ltd |
| Oct 30 2008 | Allied Computers International (Asia) Ltd |
| Oct 30 2008 | Alna Trading & Exports Ltd |
| Oct 30 2008 | Amara Raja Batteries Ltd |
| Oct 30 2008 | Amarjothi Spinning Mills Ltd |
| Oct 30 2008 | Ambika Cotton Mills Ltd |
| Oct 30 2008 | Amrit Corp Ltd |
| Oct 30 2008 | Anna Infrastructures Ltd |
| Oct 30 2008 | Apple Credit Corporation Ltd |
| Oct 30 2008 | Ashiana Ispat Ltd |
| Oct 30 2008 | ATN International Ltd |
| Oct 30 2008 | Avantel Ltd |
| Oct 30 2008 | B & A Multiwall Packaging Ltd |
| Oct 30 2008 | B N Rathi Securities Ltd |
| Oct 30 2008 | Bannari Amman Spinning Mills Ltd |
| Oct 30 2008 | Bannari Amman Sugars Ltd |
| Oct 30 2008 | Bervin Investments & Leasing Ltd |
| Oct 30 2008 | Bijoy Hans Ltd |
| Oct 30 2008 | BKV Industries Ltd |
| Oct 30 2008 | Camson Bio Technologies Ltd |
| Oct 30 2008 | Celestial Labs Ltd |
| Oct 30 2008 | Century 21st Portfolio Ltd |
| Oct 30 2008 | Chamanlal Setia Exports Ltd |
| Oct 30 2008 | CMI FPE Ltd |
| Oct 30 2008 | CNI Research Ltd |
| Oct 30 2008 | Coastal Roadways Ltd |
| Oct 30 2008 | Cochin Minerals & Rutile Ltd |
| Oct 30 2008 | Compuage Infocom Ltd |
| Oct 30 2008 | Country Condos Ltd |
| Oct 30 2008 | Dabur India Ltd |
| Oct 30 2008 | Daulat Securities Ltd |
| Oct 30 2008 | DHP India Ltd |
| Oct 30 2008 | DIC India Ltd |
| Oct 30 2008 | Easun Reyrolle Ltd |
| Oct 30 2008 | Elgi Finance Ltd |
| Oct 30 2008 | Esab India Ltd |
| Oct 30 2008 | GRM Overseas Ltd |
| Oct 30 2008 | Highstreet Filatex Ltd |
| Oct 30 2008 | Himachal Futuristic Communications Ltd |
| Oct 30 2008 | Impex Ferro Tech Ltd |
| Oct 30 2008 | Ind Tra Deco Ltd |
| Oct 30 2008 | Inwinex Pharmaceuticals Ltd |
| Oct 30 2008 | Jaipan Industries Ltd |
| Oct 30 2008 | Kakatiya Cements Sugar & Industries Ltd |
| Oct 30 2008 | KCP Sugar & Industries Corporation Ltd |
| Oct 30 2008 | KDDL Ltd |
| Oct 30 2008 | KLRF Ltd |
| Oct 30 2008 | KNR Constructions Ltd |
| Oct 30 2008 | KSE Ltd |
| Oct 30 2008 | Lakshmi Automatic Loom Works Ltd |
| Oct 30 2008 | Lakshmi Machine Works Ltd |
| Oct 30 2008 | Magna Eletrocasting Ltd |
| Oct 30 2008 | Maruti Securities Ltd |
| Oct 30 2008 | Mcleod Russel India Ltd |
| Oct 30 2008 | Merck Ltd |
| Oct 30 2008 | Murudeshwar Ceramics Ltd |
| Oct 30 2008 | Nagarjuna Fertilizers & Chemicals Ltd |
| Oct 30 2008 | Natural Vanaspati Ltd |
| Oct 30 2008 | NCL Industries Ltd |
| Oct 30 2008 | Neelkanth Rockminerals Ltd |
| Oct 30 2008 | NEPC Agro Foods Ltd |
| Oct 30 2008 | NEPC Textiles Ltd |
| Oct 30 2008 | NEPC-India Ltd |
| Oct 30 2008 | New Bombay Printing & Dyeing Mills Ltd |
| Oct 30 2008 | Ortin Laboratories Ltd |
| Oct 30 2008 | Pioneer Agro Extracts Ltd |
| Oct 30 2008 | Pithampur Steels Ltd |
| Oct 30 2008 | PRICOL Ltd |
| Oct 30 2008 | Raj Agro Mills Ltd |
| Oct 30 2008 | Rasoi Ltd |
| Oct 30 2008 | Roopa Industries Ltd |
| Oct 30 2008 | Serveall Enterprise Solutions Ltd |
| Oct 30 2008 | Sharat Industries Ltd |
| Oct 30 2008 | Shiva Texyarn Ltd |
| Oct 30 2008 | Shriram EPC Ltd |
| Oct 30 2008 | Singer India Ltd |
| Oct 30 2008 | Sobha Developers Ltd |
| Oct 30 2008 | Sri Nachammai Cotton Mills Ltd |
| Oct 30 2008 | Sri Vajra Granites Ltd |
| Oct 30 2008 | Super Sales India Ltd |
| Oct 30 2008 | Suprajit Engineering Ltd |
| Oct 30 2008 | Suraj Products Ltd |
| Oct 30 2008 | Surya Chakra Power Corporation Ltd |
| Oct 30 2008 | Thyrocare laboratories Ltd |
| Oct 30 2008 | Trans Asia Corporation Ltd |
| Oct 30 2008 | Trijal Industries Ltd |
| Oct 30 2008 | TVS Motor Company Ltd |
| Oct 30 2008 | Venus Remedies Ltd |
| Oct 30 2008 | Vintron Informatics Ltd |
| Oct 30 2008 | Vinyoflex Ltd |
| Oct 30 2008 | VST Tillers Tractors Ltd |
| Oct 30 2008 | W S Industries (India) Ltd |
| Oct 30 2008 | Yuvraj International Ltd |
| Oct 31 2008 | A B C Gas (International) Ltd |
| Oct 31 2008 | Accel Transmatic Ltd |
| Oct 31 2008 | AD Manum Finance Ltd |
| Oct 31 2008 | Adinath Textiles Ltd |
| Oct 31 2008 | Ajanta Soya Ltd |
| Oct 31 2008 | Alfavision Overseas Ltd |
| Oct 31 2008 | Amco India Ltd |
| Oct 31 2008 | Ankush Finstock Ltd |
| Oct 31 2008 | Ansal Housing & Construction Ltd |
| Oct 31 2008 | Apple Finance Ltd |
| Oct 31 2008 | Aravali Securities & Finance Ltd |
| Oct 31 2008 | Arcee Industries Ltd |
| Oct 31 2008 | Arihant Capital Markets Ltd |
| Oct 31 2008 | Arihant Tournesol Ltd |
| Oct 31 2008 | Artillegence Bio-Innovations Ltd |
| Oct 31 2008 | Arvind Chemicals Ltd |
| Oct 31 2008 | Arvind International Ltd |
| Oct 31 2008 | Asia HR Technologies Ltd |
| Oct 31 2008 | Asian Films Production & Distribution Ltd |
| Oct 31 2008 | Asian Hotels Ltd |
| Oct 31 2008 | Asit C Mehta Financial Services ltd |
| Oct 31 2008 | Astra Microwave Products Ltd |
| Oct 31 2008 | Aunde Faze Three Ltd |
| Oct 31 2008 | Auro Laboratories Ltd |
| Oct 31 2008 | Auto Pins (India) Ltd |
| Oct 31 2008 | Avon Mercantile Ltd |
| Oct 31 2008 | Axis IT&T Ltd |
| Oct 31 2008 | B & A Ltd |
| Oct 31 2008 | Bacil Pharma Ltd |
| Oct 31 2008 | Ballarpur Industries Ltd |
| Oct 31 2008 | Bansisons Tea Industries Ltd |
| Oct 31 2008 | Basant Agro Tech (India) Ltd |
| Oct 31 2008 | Bee Electronic Machines Ltd |
| Oct 31 2008 | Berger Paints (India) Ltd |
| Oct 31 2008 | Bhagiradha Chemicals & Industries Ltd |
| Oct 31 2008 | Bhagyanagar Wood Plast Ltd |
| Oct 31 2008 | Bharat Gears Ltd |
| Oct 31 2008 | Bharat Rasayan Ltd |
| Oct 31 2008 | Bhatinda Chemicals Ltd |
| Oct 31 2008 | Bihar Sponge Iron Ltd |
| Oct 31 2008 | Biofil Chemicals & Pharmaceuticals Ltd |
| Oct 31 2008 | Bombay Paints Ltd |
| Oct 31 2008 | Brakes Auto (India) Ltd |
| Oct 31 2008 | Castrol India Ltd |
| Oct 31 2008 | Ceenik Exports (India) Ltd |
| Oct 31 2008 | Centenial Surgical Suture Ltd |
| Oct 31 2008 | Chennai Meenakshi Multispeciality Hospital Ltd |
| Oct 31 2008 | CHL Ltd |
| Oct 31 2008 | Chokhani Securities Ltd |
| Oct 31 2008 | Clutch Auto Ltd |
| Oct 31 2008 | Colinz Laboratories Ltd |
| Oct 31 2008 | Competent Automobiles Ltd |
| Oct 31 2008 | Cosboard Industries Ltd |
| Oct 31 2008 | COSCO (India) Ltd |
| Oct 31 2008 | Crazy Infotech Ltd |
| Oct 31 2008 | Cupid Ltd |
| Oct 31 2008 | Cupid Trades & Finance Ltd |
| Oct 31 2008 | Dalmia Cement (Bharat) Ltd |
| Oct 31 2008 | Deccan Cements Ltd |
| Oct 31 2008 | Denso India Ltd |
| Oct 31 2008 | Dhampure Speciality Sugars Ltd |
| Oct 31 2008 | Dhanalakshmi Bank Ltd |
| Oct 31 2008 | Dhanalaxmi Roto Spinners Ltd |
| Oct 31 2008 | Dhanlaxmi Cotex Ltd |
| Oct 31 2008 | Dhanlaxmi Fabrics Ltd |
| Oct 31 2008 | Dhanprayog Investments Company Ltd |
| Oct 31 2008 | Dhoot Industrial Finance Ltd |
| Oct 31 2008 | Dhunseri Tea & Industries Ltd |
| Oct 31 2008 | Donear Industries Ltd |
| Oct 31 2008 | Doon Valley Rice Ltd |
| Oct 31 2008 | Dutron Polymers Ltd |
| Oct 31 2008 | Easy Fincorp Ltd |
| Oct 31 2008 | EIH Associated Hotels Ltd |
| Oct 31 2008 | EL Forge Ltd |
| Oct 31 2008 | Enrich Industries Ltd |
| Oct 31 2008 | Epsom Properties Ltd |
| Oct 31 2008 | Era Infra Engineering Ltd |
| Oct 31 2008 | Eurotex Industries and Exports Ltd |
| Oct 31 2008 | Everlon Synthetics Ltd |
| Oct 31 2008 | Expo Gas Containers Ltd |
| Oct 31 2008 | Faze Three Ltd |
| Oct 31 2008 | Federal-Mogul Goetze (India) Ltd |
| Oct 31 2008 | Fluidomat Ltd |
| Oct 31 2008 | Frontier Leasing & Finance Ltd |
| Oct 31 2008 | Galaxy Bearings Ltd |
| Oct 31 2008 | Gangotri Textiles Ltd |
| Oct 31 2008 | Garg Furnace Ltd |
| Oct 31 2008 | Gee Gee Granites Ltd |
| Oct 31 2008 | Geefcee Finance Ltd |
| Oct 31 2008 | Gillanders Arbuthnot & Company Ltd |
| Oct 31 2008 | Global Capital Market Ltd |
| Oct 31 2008 | Godfrey Phillips India Ltd |
| Oct 31 2008 | Gontermann Peiper (India) Ltd |
| Oct 31 2008 | Gorani Industries Ltd |
| Oct 31 2008 | Grabal Alok Impex Ltd |
| Oct 31 2008 | Grauer & Weil (India) Ltd |
| Oct 31 2008 | GSB Finance Ltd |
| Oct 31 2008 | GSL Securities Ltd |
| Oct 31 2008 | Gujarat Craft Industries Ltd |
| Oct 31 2008 | Gujarat Petrosynthese Ltd |
| Oct 31 2008 | Haldyn Glass Gujarat Ltd |
| Oct 31 2008 | Hanung Toys and Textiles Ltd |
| Oct 31 2008 | Hardcastle & Waud Mfg Co Ltd |
| Oct 31 2008 | Haria Exports Ltd |
| Oct 31 2008 | Harita Seating Systems Ltd |
| Oct 31 2008 | Hawkins Cooker Ltd |
| Oct 31 2008 | Himalaya Granites Ltd |
| Oct 31 2008 | Hisar Metal Industries Ltd |
| Oct 31 2008 | Hisar Spinning Mills Ltd |
| Oct 31 2008 | Hotel Rugby Ltd |
| Oct 31 2008 | House of Pearl Fashions Ltd |
| Oct 31 2008 | IFGL Refractories Ltd |
| Oct 31 2008 | IMC Finance Ltd |
| Oct 31 2008 | India Cements Capital Ltd |
| Oct 31 2008 | India Cements Ltd |
| Oct 31 2008 | India International Marketing Centre Ltd |
| Oct 31 2008 | India Lease Development Ltd |
| Oct 31 2008 | Indo Count Industries Ltd |
| Oct 31 2008 | Indo-Castle Multimedia Ltd |
| Oct 31 2008 | Indo-City Infotech Ltd |
| Oct 31 2008 | IndoCount Finance Ltd |
| Oct 31 2008 | Industrial & Prudential Investment Company Ltd |
| Oct 31 2008 | ING Vysya Bank Ltd |
| Oct 31 2008 | Integrated Financial Services Ltd |
| Oct 31 2008 | Integrated Hitech Ltd |
| Oct 31 2008 | Interfit Techno Products Ltd |
| Oct 31 2008 | International Diamond Services Ltd |
| Oct 31 2008 | ITL Industries Ltd |
| Oct 31 2008 | IVR-Prime Urban Developers Ltd |
| Oct 31 2008 | J J Finance Corporation Ltd |
| Oct 31 2008 | J R Foods Ltd |
| Oct 31 2008 | Jagatjit Industries Ltd |
| Oct 31 2008 | Jainex Aamcol Ltd |
| Oct 31 2008 | Jalgaon Re-Rolling Industries Ltd |
| Oct 31 2008 | Jay Shree Tea & Industries Ltd |
| Oct 31 2008 | JMD Telefilms Industries Ltd |
| Oct 31 2008 | Kaiser Press Ltd |
| Oct 31 2008 | Kanohar Electricals Ltd |
| Oct 31 2008 | Kanumanek Trading Company Ltd |
| Oct 31 2008 | Karma Ispat Ltd |
| Oct 31 2008 | Karuna Cables Ltd |
| Oct 31 2008 | Kedia Construction Company Ltd |
| Oct 31 2008 | Kennametal India Ltd |
| Oct 31 2008 | Kilpest India Ltd |
| Oct 31 2008 | Kitex Garments Ltd |
| Oct 31 2008 | Kosian Industries Ltd |
| Oct 31 2008 | Kothari Products Ltd |
| Oct 31 2008 | Lactose (India) Ltd |
| Oct 31 2008 | Lakshmi Electrical Control Systems Ltd |
| Oct 31 2008 | Lalit Polymers & Electronics Ltd |
| Oct 31 2008 | Leena Consultancy Ltd |
| Oct 31 2008 | M B Parikh Finstock Ltd |
| Oct 31 2008 | Mahanivesh (India) Ltd |
| Oct 31 2008 | Mahashree Trading Ltd |
| Oct 31 2008 | Malwa Cotton Spinning Mills Ltd |
| Oct 31 2008 | Market Creators Ltd |
| Oct 31 2008 | McNally Bharat Engineering Company Ltd |
| Oct 31 2008 | Medi Caps Ltd |
| Oct 31 2008 | Media Video Ltd |
| Oct 31 2008 | Mid East Portfolio Management Ltd |
| Oct 31 2008 | Mid-Day Multimedia Ltd |
| Oct 31 2008 | Midas Pharmasec Ltd |
| Oct 31 2008 | Monotona Securities Ltd |
| Oct 31 2008 | Morarka Finance Ltd |
| Oct 31 2008 | Motor & General Finance Ltd |
| Oct 31 2008 | Mrugesh Trading Ltd |
| Oct 31 2008 | Munoth Communication Ltd |
| Oct 31 2008 | Munoth Financial Services Ltd |
| Oct 31 2008 | MVL Ltd |
| Oct 31 2008 | N D Metal Industries Ltd |
| Oct 31 2008 | N G Industries Ltd |
| Oct 31 2008 | Nagreeka Capital & Infrastructure Ltd |
| Oct 31 2008 | Nagreeka Exports Ltd |
| Oct 31 2008 | National Plywood Industries Ltd |
| Oct 31 2008 | Natraj Proteins Ltd |
| Oct 31 2008 | NDA Securities Ltd |
| Oct 31 2008 | Neo Corp International Ltd |
| Oct 31 2008 | New Markets Advisory Ltd |
| Oct 31 2008 | NHN Corporation Ltd |
| Oct 31 2008 | Nicco Corporation Ltd |
| Oct 31 2008 | Nidhi Granites Ltd |
| Oct 31 2008 | Nikhil Adhesives Ltd |
| Oct 31 2008 | Nirlon Ltd |
| Oct 31 2008 | Nitin Alloys Global Ltd |
| Oct 31 2008 | Nouveau Multimedia Ltd |
| Oct 31 2008 | Nuchem Ltd |
| Oct 31 2008 | Nuway Organic Naturals (India) Ltd |
| Oct 31 2008 | Omax Autos Ltd |
| Oct 31 2008 | Oregon Commercials Ltd |
| Oct 31 2008 | Oswal Agro Mills Ltd |
| Oct 31 2008 | Oxford Industries Ltd |
| Oct 31 2008 | Pace Textiles Ltd |
| Oct 31 2008 | Paragon Finance Ltd |
| Oct 31 2008 | Parichay Investments Ltd |
| Oct 31 2008 | Parijat Trading Ltd |
| Oct 31 2008 | Parsharti Investment Ltd |
| Oct 31 2008 | Pasupati Acrylon Ltd |
| Oct 31 2008 | Pearl Global Ltd |
| Oct 31 2008 | Pee Cee Cosma Sope Ltd |
| Oct 31 2008 | Phaarmasia Ltd |
| Oct 31 2008 | Plethico Pharmaceuticals Ltd |
| Oct 31 2008 | Polycon International Ltd |
| Oct 31 2008 | Polytex India Ltd |
| Oct 31 2008 | Pranavaditya Spinning Mills Ltd |
| Oct 31 2008 | Pratik Panels Ltd |
| Oct 31 2008 | Praveen Properties Ltd |
| Oct 31 2008 | Precision Containeurs Ltd |
| Oct 31 2008 | Precision Pipes & Profiles Company Ltd |
| Oct 31 2008 | Procal Electronics India Ltd |
| Oct 31 2008 | Procter & Gamble Hygiene and Health Care Ltd |
| Oct 31 2008 | Puravankara Projects Ltd |
| Oct 31 2008 | R J Shah & Company Ltd |
| Oct 31 2008 | R M Mohite Textiles Ltd |
| Oct 31 2008 | Radico Khaitan Ltd |
| Oct 31 2008 | Raghunath International Ltd |
| Oct 31 2008 | Rainbow Denim Ltd |
| Oct 31 2008 | Rainbow Foundations Ltd |
| Oct 31 2008 | Rajkamal Synthetics Ltd |
| Oct 31 2008 | Rama Petrochemicals Ltd |
| Oct 31 2008 | Rama Vision Ltd |
| Oct 31 2008 | Rathi Steel & Power Ltd |
| Oct 31 2008 | Regal Entertainment & Consultants Ltd |
| Oct 31 2008 | Rexnord Electronics & Controls Ltd |
| Oct 31 2008 | Rich Capital & Financial Services Ltd |
| Oct 31 2008 | Richirich Inventures Ltd |
| Oct 31 2008 | Ricoh India Ltd |
| Oct 31 2008 | Rotam Commercial Ltd |
| Oct 31 2008 | Safari Industries (India) Ltd |
| Oct 31 2008 | Sahil Financial Services Ltd |
| Oct 31 2008 | Samrat Pharmachem Ltd |
| Oct 31 2008 | Sanmitra Commercial Ltd |
| Oct 31 2008 | Santosh Fine Fab Ltd |
| Oct 31 2008 | Sarda Plywood Industries Ltd |
| Oct 31 2008 | Sarla Gems Ltd |
| Oct 31 2008 | Sarup Tanneries Ltd |
| Oct 31 2008 | Sawaca Business Machines Ltd |
| Oct 31 2008 | Sawaca Communication Ltd |
| Oct 31 2008 | SCIL Ventures Ltd |
| Oct 31 2008 | Sejal Architectural Glass Ltd |
| Oct 31 2008 | Sharon Bio-Medicine Ltd |
| Oct 31 2008 | Shiva Fertilizers Ltd |
| Oct 31 2008 | Shoppers Stop Ltd |
| Oct 31 2008 | Shree Global Tradefin Ltd |
| Oct 31 2008 | Shree Mahaganga Sugar Mills Ltd |
| Oct 31 2008 | Shree Pacetronix Ltd |
| Oct 31 2008 | Shree Rajasthan Syntex Ltd |
| Oct 31 2008 | Shree Steel Wire Ropes Ltd |
| Oct 31 2008 | Shree Surgovind Tradelink Ltd |
| Oct 31 2008 | Simran Farms Ltd |
| Oct 31 2008 | Sirpur Paper Mills Ltd |
| Oct 31 2008 | Sobhagya Mercantile Ltd |
| Oct 31 2008 | Sparc Systems Ltd |
| Oct 31 2008 | Spectra Industries Ltd |
| Oct 31 2008 | Spice Islands Apparels Ltd |
| Oct 31 2008 | SPL Industries Ltd |
| Oct 31 2008 | Sri Malini Spinning Mills Ltd |
| Oct 31 2008 | Sterling Guaranty & Finance Ltd |
| Oct 31 2008 | STI India Ltd |
| Oct 31 2008 | STL Global Ltd |
| Oct 31 2008 | Sudal Industries Ltd |
| Oct 31 2008 | Sungold Capital Ltd |
| Oct 31 2008 | Super Spinning Mills Ltd |
| Oct 31 2008 | Superhouse Ltd |
| Oct 31 2008 | Syncom Formulations (India) Ltd |
| Oct 31 2008 | Tantia Constructions Ltd |
| Oct 31 2008 | Temptation Foods Ltd |
| Oct 31 2008 | Thana Electric Supply Company Ltd |
| Oct 31 2008 | Tide Water Oil Co (I) Ltd |
| Oct 31 2008 | Tivoli Construction Ltd |
| Oct 31 2008 | Tonira Pharma Ltd |
| Oct 31 2008 | Towa Sokki Ltd |
| Oct 31 2008 | Tuni Textile Mills Ltd |
| Oct 31 2008 | Twin Roses Trades & Agencies Ltd |
| Oct 31 2008 | Unistar Multimedia Ltd |
| Oct 31 2008 | Unisys Software and Holding Industries Ltd |
| Oct 31 2008 | United Textiles Ltd |
| Oct 31 2008 | Universal Prime Aluminium Ltd |
| Oct 31 2008 | UV Boards Ltd |
| Oct 31 2008 | Valiant Communications Ltd |
| Oct 31 2008 | Vamshi Rubber Ltd |
| Oct 31 2008 | Varun Mercantile Ltd |
| Oct 31 2008 | Vas Infrastructure Ltd |
| Oct 31 2008 | Venlon Enterprises Ltd |
| Oct 31 2008 | Vertex Spinning Ltd |
| Oct 31 2008 | Vidhi Dyestuffs Manufacturing Ltd |
| Oct 31 2008 | Vijay Solvex Ltd |
| Oct 31 2008 | Viksit Engineering Ltd |
| Oct 31 2008 | Vinay Cements Ltd |
| Oct 31 2008 | Vishvprabha Trading Ltd |
| Oct 31 2008 | Vora Constructions Ltd |
| Oct 31 2008 | Warner Multimedia Ltd |
| Oct 31 2008 | Weizmann Ltd |
| Oct 31 2008 | Welcure Drugs & Pharmaceuticals Ltd |
| Oct 31 2008 | Western India Shipyard Ltd |
| Oct 31 2008 | Yashraj Containeurs Ltd |
| Oct 31 2008 | York Exports Ltd |
| Oct 31 2008 | Zenith Exports Ltd |
| Oct 31 2008 | Zylog Systems Ltd |
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