Sensex ends lower; Bharti Airtel plummets

The Sensex ended on a negative note on inflation worries and also weighed by Bharti Airtel, Sterlite Industries and Reliance Communications. Consumer durables, tech and oil & gas stocks lost ground, while healthcare and IT gained. After flat to positive start, the index fell into the negative terrain and gain bounced back into the green to trade flat amid volatility. Later in the second half, Sensex slipped further due to selling activity seen in frontliners and continued to trade in red rest of the day, after touching a high of 16,227.04 and low of 16,011.82.

At the close, the benchmark 30-share index, BSE Sensex lost 112.41 or 0.70% at 16,040.18 with 20 components posting drop. Meanwhile, the broad based NSE Nifty fell by 24.90 or 0.52% at 4,801.95 with 33 components posting drop.

On global front, European stocks rose, extending the Dow Jones Stoxx 600 Index`s first weekly advance in a month. Standard & Poor`s 500 Index futures expiring in March slipped less than 0.1%.

Sensex Movers

Bharti Airtel contributed fall of 50.05 points in the Sensex. It was followed by ICICI Bank (14.53 points), Larsen & Toubro (12.06 points), Reliance Industries (11.88 points) and Sterlite Industries (India) (11.14 points).

However, HD F C Bank contributed rise of 7.52 points in the Sensex. It was followed by Bharat Heavy Electricals (7.04 points), ITC (4.81 points), Hindalco Industries (4.12 points) and Tata Steel (2.43 points).

Biggest gainers in the 30-share index were Hindalco Industries (1.63%), Bharat Heavy Electricals (1.33%), H D F C Bank (0.92%), Wipro (0.62%), Hero Honda Motors (0.60%), and I T C (0.55%).

On the other hand, Bharti Airtel (9.40%), Sterlite Industries (India) (2.94%), Reliance Communications (2.77%), Reliance Capital (2.25%), Tata Power Company (2.04%), and Reliance Energy (1.61%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Midcap index was at 6473.07 down by 36.67 points or by 0.56%.The major losers were A I A Engineering (2.32%), Reliance MediaWorks (1.51%), Alfa-Laval (India) (1.26%), Core Projects and Technologies (1.24%) and Ackruti City (0.34%).

The BSE Smallcap index was at 8272.69 down by 30.38 points or by 0.37%. The major losers were A B G Shipyard (5.41%), Abhishek Industries (1.97%), INEOS ABS (India) (1.76%), A B G Infralogistics (1.58%) and Provogue (India) (1.45%).

Sectors in Limelight

The Consumer Durables index was at 3,975.92, down by 60.17 points or by 1.49%. The major losers were Videocon Industries (2.47%), Blue Star (2.03%), Rajesh Exports (1.62%), Gitanjali Gems (0.91%) and Titan Industries (0.86%).

The TECk index was at 3,136.95, down by 41.4 points or by 1.3%. The major losers were Bharti Airtel (9.4%), Dish TV India (1.44%), Mphasis (0.82%), Balaji Telefilms (0.56%) and Idea Cellular (0.51%).

The Oil & Gas index was at 9,720.78, down by 91.85 points or by 0.94%. The major losers were Hindustan Petroleum Corporation (2.62%), Essar Oil (2.13%), Bharat Petroleum Corporation (1.43%), G A I L (India) (1.32%) and Cairn India (1.2%).

On the other hand, the HC index was at 4,792.77, up by 19.12 points or by 0.40%. The major gainers were Dr Reddy`S Laboratories (1.6%), Cipla (1.09%), Divis Laboratories (0.99%), Ipca Laboratories (0.49%) and Dishman Pharmaceuticals & Chemicals (0.29%).

Market Breadth

Market breadth was negative with 1,153 advances against 1,618 declines.

Value and Volume Toppers

Syncom Healthcare topped the value chart on the BSE with a turnover of Rs. 2,186.64 million. It was followed by Bharti Airtel (Rs. 1,301.17 million), Tata Steel (Rs. 900.31 million) and Vascon Engineers (Rs. 833.60 million).

The volume chart was led by Cals Refineries with trades of over 42.05 million shares. It was followed by Syncom Healthcare (24.99 million), Camlin (6.54 million) and Unitech (6.32 million).

Corporate News

Bharti Airtel and Zain have agreed to enter into exclusive discussion until Mar. 25, 2010 for the acquisition of Zain`s African unit (Zain Africa BV) based on an enterprise value of USD 10.7 billion.

BSE Bulk Deals to Watch - Feb 15 2010

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
15/2/2010 517356 ACI Infocom SATYAVACHA FINANCIAL ADVISORY SERVICES PRIVATE LIMITED B 104520 18.50
15/2/2010 517356 ACI Infocom REENA GOPANI S 85814 18.53
15/2/2010 517356 ACI Infocom JASMIN A GOPANI S 135900 18.49
15/2/2010 530901 ACIL Cot Inds BIMAL DESAI B 65000 16.50
15/2/2010 530901 ACIL Cot Inds ARVIND CHHOTALAL MORZARIA B 65000 16.50
15/2/2010 530901 ACIL Cot Inds NILESH KRUSHNA PALANDE S 233660 16.54
15/2/2010 530901 ACIL Cot Inds ABHIJAI INVESTMENT S 197000 16.58
15/2/2010 520119 Automotive Stamp LOTUS GLOBAL INVESTMENTS LIMITED B 624164 56.00
15/2/2010 520119 Automotive Stamp TATA AUTOCOMP SYSTEMS PRIVATE LIMTED S 638790 56.02
15/2/2010 531591 Bampsl Sec PRAKASH CHAND GUPTA B 438000 1.05
15/2/2010 531591 Bampsl Sec ASHOK KUMAR SONI B 444717 0.97
15/2/2010 531591 Bampsl Sec NAVAL KISHORE GUPTA S 374639 0.97
15/2/2010 531591 Bampsl Sec KAUSHALYA GARG S 781172 1.00
15/2/2010 523207 Camlin ANAGHA INVESTMENT PVT LTD. B 6000000 23.00
15/2/2010 523207 Camlin NOTZ STUCKI ET CIE S A A/C. ARUNA FUND S 6000000 23.00
15/2/2010 505923 Ceekay Daikin NITIN PRAVINCHANDRA PAREKH S 25000 168.87
15/2/2010 511636 DJS Stock DOLEX COMMERCIAL PRIVATE LIMITED B 30000 35.70
15/2/2010 511636 DJS Stock INDO CASTLE FERTILIZERS LTD B 40000 35.63
15/2/2010 511636 DJS Stock BIPIN JAYANT THAKER B 50000 35.90
15/2/2010 511636 DJS Stock SUNIL KUMAR AGARWALLA B 30000 35.60
15/2/2010 511636 DJS Stock KHOZEMA JAORAWALA B 100000 35.60
15/2/2010 511636 DJS Stock SHOHESH PRAKASH SHAH S 363200 35.67
15/2/2010 504351 Empower Inds HITESH SHASHIKANT JHAVERI B 70000 30.85
15/2/2010 504351 Empower Inds Naman Securities & Finance Pvt. Ltd. B 300000 30.85
15/2/2010 504351 Empower Inds DYNAMIC STOCK BROKING INDIA PVT LTD B 65000 30.85
15/2/2010 504351 Empower Inds JIGNESH CHANDRAKANT SHAH S 98897 30.85
15/2/2010 504351 Empower Inds A S STOCK BROKING AND MANAGEMENT PVT LTD S 200000 30.85
15/2/2010 504351 Empower Inds Naman Securities & Finance Pvt. Ltd. S 100474 30.85
15/2/2010 508906 Everest Inds EVEREST STAFF WELFARE TRUST S 101150 159.39
15/2/2010 507552 Foods & Inns ORANGE MAURITIUS INVETMENTS LTD B 10000 262.00
15/2/2010 532424 Godrej Cons SMALLER CAP WORLD FUND INC B 1814900 256.00
15/2/2010 531439 Goldstone Tech PREM MOHANLAL PARIKH B 100000 37.20
15/2/2010 531439 Goldstone Tech HEMANT MADHUSUDAN SHETH B 100000 37.20
15/2/2010 531439 Goldstone Tech ANKIT RAJENDRA SANCHANIYA S 127600 37.20
15/2/2010 508918 Greycells Enter SAFE ENTERPRISES S 75000 56.95
15/2/2010 513059 GS Auto DEVPRAKASH YADAVA B 50000 50.50
15/2/2010 513059 GS Auto RITU MERCANTILES PVT LTD S 70000 50.51
15/2/2010 504036 Hind Rectifiers TRANSGLOBAL SECURITIES LTD. B 81893 78.00
15/2/2010 504036 Hind Rectifiers MATRIX EQUITRADE PRIVATE LIMITED LIMITED B 74009 80.78
15/2/2010 504036 Hind Rectifiers VASANTI SHARE BROKAERS LTD B 95782 79.41
15/2/2010 504036 Hind Rectifiers BP FINTRADE PRIVATE LIMITED B 48464 81.50
15/2/2010 504036 Hind Rectifiers TRANSGLOBAL SECURITIES LTD. S 80893 77.53
15/2/2010 504036 Hind Rectifiers MATRIX EQUITRADE PRIVATE LIMITED LIMITED S 74009 80.78
15/2/2010 504036 Hind Rectifiers VASANTI SHARE BROKAERS LTD S 95782 79.33
15/2/2010 504036 Hind Rectifiers BP FINTRADE PRIVATE LIMITED S 50441 81.20
15/2/2010 530117 HK Finechem ROHAN HEMANT SHAH B 200000 25.00
15/2/2010 530117 HK Finechem MAMTABEN BIMALBHAI PARIKH B 150000 25.00
15/2/2010 530117 HK Finechem HEMANT NAVINCHANDRA SHAH B 688692 25.10
15/2/2010 530117 HK Finechem BIMAL DASHRATHBHAI PARIKH HUF B 190000 25.00
15/2/2010 530117 HK Finechem BIMALBHAI DASHRATHBHAI PARIKH B 548692 25.10
15/2/2010 530117 HK Finechem UTKARSH BHIKHOOBHAI SHAH B 1100090 25.10
15/2/2010 530117 HK Finechem SUKOON VIPOOLBHAI SHAH B 380740 25.13
15/2/2010 530117 HK Finechem RAJ BHIKHOOBHAI SHAH B 551009 25.10
15/2/2010 530117 HK Finechem SHRI ARYA INVESTMENT PVT LTD S 432268 25.00
15/2/2010 530117 HK Finechem SHRI ABHYUDAYA CHEMICALS PVT LTD S 131801 25.00
15/2/2010 530117 HK Finechem RAJAN R HARIVALLABHDAS HUF S 100000 25.00
15/2/2010 530117 HK Finechem DHARMESH RAJANHARI VALLABHDAS S 2951250 25.11
15/2/2010 530117 HK Finechem AJA IMPEX PRIVATE LIMITED S 191401 25.00
15/2/2010 531025 Inca Finlease R R P MANAGEMENT SERVICES P.LTD. B 20999 83.35
15/2/2010 531025 Inca Finlease VEENA GUPTA S 28000 83.44
15/2/2010 532658 Indo Asian Fuse PKR HITECH INDUSTRIAL COPORATION LLP B 126200 63.70
15/2/2010 532658 Indo Asian Fuse VPM INDUSTRIAL CORPORATION LLP S 126200 63.70
15/2/2010 531447 Insutech India SHREE NATH COM AND FINAN LTD B 58900 16.63
15/2/2010 523467 Jai Mata Glass ASMAH SHARES & STOCK BROKERS PVT LTD B 70187 3.70
15/2/2010 523467 Jai Mata Glass M/S RUKHMANI TRADERS B 130000 3.70
15/2/2010 523467 Jai Mata Glass INDUSTRIAL DEVELOPMENT BANK OF INDIA S 75000 3.70
15/2/2010 506520 Jayshree Chem BDS SHARE BROKERS PVT LTD B 28755 33.25
15/2/2010 506520 Jayshree Chem BDS SHARE BROKERS PVT LTD S 28755 33.35
15/2/2010 506520 Jayshree Chem POOJA BAGRI S 26845 32.53
15/2/2010 523810 Kaleidoscope Films NITIN PUNMIYA S 500000 4.33
15/2/2010 530255 KAY Power NAVAL KISHORE GUPTA B 132404 17.78
15/2/2010 530255 KAY Power BAMPSL SECURITIES LTD B 53900 17.51
15/2/2010 530255 KAY Power BAMPSL SECURITIES LTD S 139964 17.09
15/2/2010 523218 Kilburn Office SHIRIN JIKER CHUNAWAL B 34000 9.31
15/2/2010 523218 Kilburn Office CHIRAG BHARAT HUF S 51602 9.26
15/2/2010 531602 Koffee Break VIJAY GULABCHAND DESAI S 403355 1.79
15/2/2010 500311 Nuchem DB (INTL) OWN TRADING B 205046 14.92
15/2/2010 500311 Nuchem DB (INTL) OWN TRADING S 198221 14.95
15/2/2010 531496 Omkar Overseas SANTOSH ABHAYRAJ SHUKLA B 39330 49.54
15/2/2010 531496 Omkar Overseas VIJAY VELJIBHAI PADHARIA B 37285 49.95
15/2/2010 531496 Omkar Overseas VICKY RAJESHBHAI JHAVERI B 48000 50.07
15/2/2010 531496 Omkar Overseas AMBIKA SHYAM SHUKLA S 97800 50.07
15/2/2010 531496 Omkar Overseas JHAVERI TRADING AND S 48000 49.43
15/2/2010 512097 Oregon Comm KRUPA SANJAY SONI B 10570 173.83
15/2/2010 512097 Oregon Comm SONI KRUPA SANJAY B 6493 174.55
15/2/2010 512097 Oregon Comm KRUPA SANJAY SONI B 10010 172.75
15/2/2010 512097 Oregon Comm PALAK AGENCY PVT LTD B 6745 173.75
15/2/2010 512097 Oregon Comm HALAN PROPERTIES PRIVATE LTD. B 25280 172.40
15/2/2010 512097 Oregon Comm OMPARKASH GUPTA B 5420 175.33
15/2/2010 512097 Oregon Comm DHWANI NARESH RUPANI S 10000 172.03
15/2/2010 512097 Oregon Comm HALAN PROPERTIES PRIVATE LTD. S 27066 174.13
15/2/2010 512097 Oregon Comm OMPARKASH GUPTA S 5420 173.03
15/2/2010 512097 Oregon Comm PRADIPBHAI RAMBHAI PATEL S 15000 172.75
15/2/2010 512097 Oregon Comm VICTOR IMPEX LTD S 12000 172.00
15/2/2010 531280 Pankaj Poly SARYU PANDEY HUF B 30000 17.11
15/2/2010 531280 Pankaj Poly INDIRA GAGGAR S 31000 17.17
15/2/2010 531280 Pankaj Poly SARYU PANDEY HUF S 30000 18.90
15/2/2010 511702 Parsharti Inv PATEL SHAILESH JIVANLAL S 15150 31.75
15/2/2010 590077 Ranklin Sol VENKATA BADRINARAYANAMMA GOLLAPUDI B 33000 55.97
15/2/2010 530271 Rich Capital SCOPE VYAPAR PRIVATE LIMITED B 92800 57.20
15/2/2010 530271 Rich Capital SWAGATAM MARKETING PRIVATE LIMITED S 50000 57.10
15/2/2010 531099 Rubra Med K M REDDY B 40000 19.00
15/2/2010 531099 Rubra Med NARENDER KUMAR GUPTA S 50000 19.00
15/2/2010 532793 Shree Ashtavina SUMAN DEVI S 838264 19.24
15/2/2010 531693 Shri Ganesh Spi KAUSHIK GANGARAM RATHOD S 425256 11.13
15/2/2010 526479 SKY Inds VIJAY JAMNADAS VORA B 30968 129.92
15/2/2010 526479 SKY Inds VIJAY JAMNADAS VORA S 25331 130.68
15/2/2010 530651 Softech Inf ASHWIN JAMNUDAS MERCHANT S 28200 99.98
15/2/2010 531645 Southern Ispat SUDHEER KUMAR JAIN S 56240 34.32
15/2/2010 532669 Southern Onlin IDEAL STOCK BROKING PRIVATE LIMITED B 200000 23.00
15/2/2010 532669 Southern Onlin ARPIT SHARE BROKERS PRIVATE LIMITED B 250000 23.00
15/2/2010 532669 Southern Onlin ANKUSH VYAPAAR PRIVATE LIMITED S 450000 23.00
15/2/2010 512413 Spectacle Inds VIVEK KISHANPAL SAMANT S 541000 83.21
15/2/2010 522085 Stone India HITESH SHASHIKANT JHAVERI B 70004 79.05
15/2/2010 522085 Stone India BP FINTRADE PRIVATE LIMITED B 38487 78.72
15/2/2010 522085 Stone India HITESH SHASHIKANT JHAVERI S 64305 78.49
15/2/2010 522085 Stone India Naman Securities & Finance Pvt. Ltd. S 51828 76.53
15/2/2010 526133 Supertex Inds ASHISH SURESHBHAI SHAH B 723373 3.33
15/2/2010 526133 Supertex Inds VIPUL VIRENDRAKUMAR PATEL B 501188 3.32
15/2/2010 526133 Supertex Inds SONAL BHUPENDRABHAI KAMODIA S 500000 3.33
15/2/2010 526133 Supertex Inds SUPER INFINCON PVT LTD S 500000 3.32
15/2/2010 533157 SYNCOM HEAL ALIVE CONSULTANTS B 293151 96.04
15/2/2010 533157 SYNCOM HEAL REGENT FINANCE CORPORATION PVT. LTD. B 104953 86.88
15/2/2010 533157 SYNCOM HEAL HIMANSHU RAMESH NISSAR B 95058 95.16
15/2/2010 533157 SYNCOM HEAL GENUINE STOCK BROKERS PVT. LTD. B 2153982 94.83
15/2/2010 533157 SYNCOM HEAL V N SHAH B 104773 94.24
15/2/2010 533157 SYNCOM HEAL SMART EQUITY BROKERS PRIVATE LIMITED B 402291 91.36
15/2/2010 533157 SYNCOM HEAL TRANSGLOBAL SECURITIES LTD. B 1065081 94.95
15/2/2010 533157 SYNCOM HEAL KHANDWALA TRADE LINK CO B 243558 94.15
15/2/2010 533157 SYNCOM HEAL AMAR KANAIYALAL CHAUHAN B 187878 88.54
15/2/2010 533157 SYNCOM HEAL A K G STOCK BROKERS PRIVATE LIMITED B 129363 94.25
15/2/2010 533157 SYNCOM HEAL ALFA FISCAL SERVICES PVT LTD B 147485 90.52
15/2/2010 533157 SYNCOM HEAL ASSET ALLIANCE SECURITIES PVT. LTD B 129401 96.56
15/2/2010 533157 SYNCOM HEAL MATRIX EQUITRADE PRIVATE LIMITED LIMITED B 637793 98.37
15/2/2010 533157 SYNCOM HEAL CHANDARANA INTERMIDIARY BROKERS PVT LTD B 182198 97.04
15/2/2010 533157 SYNCOM HEAL MARWADI SHARES AND FINANCE LTD. B 583321 93.68
15/2/2010 533157 SYNCOM HEAL EUREKA STOCK & SHARE BROKING SERVICES LTD B 123464 96.81
15/2/2010 533157 SYNCOM HEAL SANJAY SINGHAL & SONS (HUF) B 107870 95.30
15/2/2010 533157 SYNCOM HEAL SANJEEV SINGHAL B 792164 95.14
15/2/2010 533157 SYNCOM HEAL OPG SECURITIES P LTD B 1395444 95.51
15/2/2010 533157 SYNCOM HEAL MANSUKH SECURITIES & FINANCE LTD B 122134 95.04
15/2/2010 533157 SYNCOM HEAL RAJESHKUMAR LAXMANPRASAD BHATT B 90000 90.76
15/2/2010 533157 SYNCOM HEAL RAJESH AGRAWAL HUF B 107250 92.27
15/2/2010 533157 SYNCOM HEAL ANGEL INFIN PRIVATE LIMITED B 103011 92.82
15/2/2010 533157 SYNCOM HEAL M/S ARV ENTERPRISES B 330000 94.12
15/2/2010 533157 SYNCOM HEAL R M SHARES TRADING PRIVATE LIMITED B 352930 93.54
15/2/2010 533157 SYNCOM HEAL PRABHUDAS LILLADHAR PVT LTD B 122654 97.67
15/2/2010 533157 SYNCOM HEAL ANAND KUMAR B 111626 91.13
15/2/2010 533157 SYNCOM HEAL Naman Securities & Finance Pvt. Ltd. B 211931 98.80
15/2/2010 533157 SYNCOM HEAL JMP SECURITIES PVT LTD B 510883 96.11
15/2/2010 533157 SYNCOM HEAL ARPITA ENTERPRISE B 120849 95.61
15/2/2010 533157 SYNCOM HEAL JHAVERI TRADING & INVESTMENT PVT. LTD B 112622 97.07
15/2/2010 533157 SYNCOM HEAL H J SECURITIES PVT LTD B 99598 95.70
15/2/2010 533157 SYNCOM HEAL RAKHI KALPESH BHANDARI B 276306 93.98
15/2/2010 533157 SYNCOM HEAL MAGNUM EQUITY BROKING LIMITED B 103304 94.99
15/2/2010 533157 SYNCOM HEAL NAVEEN TAPARIA B 191066 94.58
15/2/2010 533157 SYNCOM HEAL ALIVE CONSULTANTS S 293151 95.80
15/2/2010 533157 SYNCOM HEAL REGENT FINANCE CORPORATION PVT. LTD. S 104953 89.89
15/2/2010 533157 SYNCOM HEAL HIMANSHU RAMESH NISSAR S 95058 95.33
15/2/2010 533157 SYNCOM HEAL GENUINE STOCK BROKERS PVT. LTD. S 2153982 94.74
15/2/2010 533157 SYNCOM HEAL V N SHAH S 102248 90.98
15/2/2010 533157 SYNCOM HEAL SMART EQUITY BROKERS PRIVATE LIMITED S 402291 91.27
15/2/2010 533157 SYNCOM HEAL TRANSGLOBAL SECURITIES LTD. S 1065082 94.47
15/2/2010 533157 SYNCOM HEAL KHANDWALA TRADE LINK CO S 252558 93.14
15/2/2010 533157 SYNCOM HEAL AMAR KANAIYALAL CHAUHAN S 187878 93.62
15/2/2010 533157 SYNCOM HEAL MAVI INVESTMENT FUND S 250000 91.23
15/2/2010 533157 SYNCOM HEAL A K G STOCK BROKERS PRIVATE LIMITED S 129363 92.69
15/2/2010 533157 SYNCOM HEAL ALFA FISCAL SERVICES PVT LTD S 121485 89.53
15/2/2010 533157 SYNCOM HEAL ASSET ALLIANCE SECURITIES PVT. LTD S 129401 96.49
15/2/2010 533157 SYNCOM HEAL MATRIX EQUITRADE PRIVATE LIMITED LIMITED S 637793 98.44
15/2/2010 533157 SYNCOM HEAL CHANDARANA INTERMIDIARY BROKERS PVT LTD S 182198 96.36
15/2/2010 533157 SYNCOM HEAL MARWADI SHARES AND FINANCE LTD. S 583321 93.60
15/2/2010 533157 SYNCOM HEAL EUREKA STOCK & SHARE BROKING SERVICES LTD S 123464 96.63
15/2/2010 533157 SYNCOM HEAL SANJAY SINGHAL & SONS (HUF) S 107870 95.29
15/2/2010 533157 SYNCOM HEAL SANJEEV SINGHAL S 792164 95.20
15/2/2010 533157 SYNCOM HEAL OPG SECURITIES P LTD S 1395444 95.55
15/2/2010 533157 SYNCOM HEAL MANSUKH SECURITIES & FINANCE LTD S 122134 94.12
15/2/2010 533157 SYNCOM HEAL CRESTA FUND LIMITED S 187000 87.64
15/2/2010 533157 SYNCOM HEAL RAJESH AGRAWAL HUF S 97250 92.15
15/2/2010 533157 SYNCOM HEAL ANGEL INFIN PRIVATE LIMITED S 100011 91.84
15/2/2010 533157 SYNCOM HEAL M/S ARV ENTERPRISES S 295000 92.90
15/2/2010 533157 SYNCOM HEAL R M SHARES TRADING PRIVATE LIMITED S 352930 93.30
15/2/2010 533157 SYNCOM HEAL PRABHUDAS LILLADHAR PVT LTD S 122654 97.40
15/2/2010 533157 SYNCOM HEAL ANAND KUMAR S 111626 93.60
15/2/2010 533157 SYNCOM HEAL Naman Securities & Finance Pvt. Ltd. S 159129 98.19
15/2/2010 533157 SYNCOM HEAL JMP SECURITIES PVT LTD S 486883 95.83
15/2/2010 533157 SYNCOM HEAL ARPITA ENTERPRISE S 120849 95.69
15/2/2010 533157 SYNCOM HEAL JHAVERI TRADING & INVESTMENT PVT. LTD S 112622 95.71
15/2/2010 533157 SYNCOM HEAL H J SECURITIES PVT LTD S 99598 95.93
15/2/2010 533157 SYNCOM HEAL RAKHI KALPESH BHANDARI S 276306 93.43
15/2/2010 533157 SYNCOM HEAL MAGNUM EQUITY BROKING LIMITED S 103304 93.25
15/2/2010 533157 SYNCOM HEAL NAVEEN TAPARIA S 191066 95.44
15/2/2010 501242 TCI Finance MAHENDRA AGARWAL B 200000 22.25
15/2/2010 501242 TCI Finance GATI INFRASTRUCTURE LTD S 200000 22.25
15/2/2010 533121 THINKSOFT A K G STOCK BROKERS PRIVATE LIMITED B 82291 505.94
15/2/2010 533121 THINKSOFT A K G STOCK BROKERS PRIVATE LIMITED S 81391 506.66
15/2/2010 526113 Uniroyal Marine MANISH GARODIA B 37200 5.56
15/2/2010 526113 Uniroyal Marine SANJAY GARODIA S 37200 5.56
15/2/2010 531831 Unisys Soft ARTI SINGAL B 253575 18.15
15/2/2010 531831 Unisys Soft SANJAY SINGAL B 300000 18.15
15/2/2010 531831 Unisys Soft SANJAY SINGAL(HUF) B 300000 18.15
15/2/2010 531831 Unisys Soft AMRIT SALES PROMOTION PVT LIMITED S 250000 18.15
15/2/2010 531831 Unisys Soft AMRIT SALES PROMOTION PVT LIMITED S 131267 18.15
15/2/2010 531831 Unisys Soft WINSHER SALES PVT LIMITED S 175000 18.15
15/2/2010 531574 VAS Infra RAJESH GOPALKRISHNA RATHI B 100000 48.85
15/2/2010 531574 VAS Infra HITESH SHASHIKANT JHAVERI B 286758 48.85
15/2/2010 531574 VAS Infra ATUL N SALVI B 73580 48.65
15/2/2010 531574 VAS Infra BP FINTRADE PRIVATE LIMITED B 175162 48.80
15/2/2010 531574 VAS Infra SUKETU JAYENDRARAY SHUKLA B 76500 48.46
15/2/2010 531574 VAS Infra SETU SECURITIES PVT LTD S 65203 48.80
15/2/2010 531574 VAS Infra SHRADHA TRADE LINKS PVT LTD S 65000 48.85
15/2/2010 531574 VAS Infra EMERGING STAR INVESTMENT PVT L S 65000 48.85
15/2/2010 531574 VAS Infra EMERGING STAR INVEST PVT LTD S 65000 48.85
15/2/2010 531574 VAS Infra SHRADHA TRADELINKS P. LTD S 65000 48.85
15/2/2010 531574 VAS Infra EMERGING STAR INVESTMENT S 65000 48.85
15/2/2010 531574 VAS Infra HITESH SHASHIKANT JHAVERI S 262241 48.79
15/2/2010 531574 VAS Infra SHRADHA TRADELINKS PVT LTD S 65000 48.84
15/2/2010 531574 VAS Infra EMERGING STAR INV PVT LTD S 65000 48.85
15/2/2010 531574 VAS Infra BP FINTRADE PRIVATE LIMITED S 194845 48.72
15/2/2010 533156 VASCON ENG GENUINE STOCK BROKERS PVT. LTD. B 640560 152.59
15/2/2010 533156 VASCON ENG GENUINE STOCK BROKERS PVT. LTD. S 640560 152.56
15/2/2010 511110 VB Desai SHROFF KAMLESH JITENDRA B 42304 26.02
15/2/2010 511110 VB Desai SHROFF KAMLESH JITENDRA S 107304 25.01
15/2/2010 531249 Well Pack Papers SHOBHNABEN R PARMAR B 29370 434.78
15/2/2010 531249 Well Pack Papers PANDYA YAMINIBEN M B 23000 434.85
15/2/2010 531249 Well Pack Papers LAXMAN DHIRUBHAI PARMAR B 36919 434.09
15/2/2010 531249 Well Pack Papers LAXMAN DHIRUBHAI PARMAR S 25569 433.01
* B - Buy, S - Sell

NSE Bulk Deals to Watch - Feb 15 2010

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
15-FEB-2010,ATLANTA,Atlanta Limited,PRIMORE SOLUTIONS PVT.LTD,BUY,100870,192.24,-
15-FEB-2010,GODREJCP,Godrej Cons Products Ltd,SMALLER CAP WORLD FUND INC,BUY,1814300,256.00,-
15-FEB-2010,HIRECT,Hind Rectifiers Limited,VASANTI SHARE BROKERS LIMITED,BUY,124448,78.74,-
15-FEB-2010,ITI,ITI Ltd.,OM INVESTMENTS,BUY,113464,56.91,-
15-FEB-2010,NUCHEM,Nuchem Ltd,DB (INTERNATIONAL) STOCK BROKERS LTD.,BUY,186092,14.95,-
15-FEB-2010,ONMOBILE,OnMobile Global Limited,BIRLA SUN LIFE TRUSTEE COMPANY PVT LTD A/C BIRLA SUN LIFE FR,BUY,460000,370.00,-
15-FEB-2010,ONMOBILE,OnMobile Global Limited,IDFC ASSET MANAGEMENT CO. PVT. LTD. A/C - IDFC PREMIER EQUIT,BUY,300000,370.00,-
15-FEB-2010,ONMOBILE,OnMobile Global Limited,SBI LIFE INSURANCE COMPANY LTD,BUY,400000,370.00,-
15-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,JMP SECURITIES PVT LTD,BUY,810035,18.97,-
15-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,SUMAN,BUY,647719,19.07,-
15-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TRANS FINANCIAL RESOURCES LTD,BUY,1202718,19.17,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AANIR SHARES SERVICES,BUY,111000,89.30,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,BUY,107743,92.41,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ALFA FISCAL SERVICES PVT LTD,BUY,111800,91.28,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AMAR KANAIYALAL CHAUHAN,BUY,339515,87.72,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AMIT MANILAL GALA,BUY,217717,94.20,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ANAND KUMAR,BUY,105000,90.04,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ARCHITA C GADA,BUY,266104,98.43,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AVICHAL REALITY PRIVATE LIMITED,BUY,657199,98.67,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BAFNA RAMESH KUMAR,BUY,89217,92.23,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BHAVIN SURESH CHHEDA,BUY,451185,97.16,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BIRMI DEVI,BUY,137000,87.75,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BP FINTRADE PRIVATE LIMITED,BUY,1047045,97.31,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,C D INTEGRATED SERVICES LTD.,BUY,112935,95.63,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,166898,96.62,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CPR CAPITAL SERVICES LTD.,BUY,512896,93.09,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DEEPAK SHANTILAL CHHEDA,BUY,489152,94.88,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DINESH G. PARMAR,BUY,366127,88.31,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DINESH MUNJAL(HUF),BUY,622685,95.29,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DISHITA ANKIT PARIKH,BUY,116372,91.41,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DKG SECURITIES PVT. LTD.,BUY,261100,86.98,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,EDELVALUE PARTNERS,BUY,122648,95.03,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,EDELWEISS COMMODITIES LIMITED,BUY,88651,95.79,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,FRONTIER TRADERS PRIVATE LIMITED,BUY,200000,86.00,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,G RAMAKRISHNA,BUY,213951,95.96,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,G.S.V. COMMODITIES PRAVITE LIMITED,BUY,117932,92.18,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,GEETHA DHAYALAN,BUY,156405,93.16,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,GENUINE STOCK BROKERS PVT LTD,BUY,2525594,94.31,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,INDIA ADVANTAGE SECURITIES LTD.,BUY,264064,92.71,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,INDRA KUMAR BAGRI,BUY,180663,100.13,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,JHAVERI TRADING AND INVESTMENT PVT LTD,BUY,97500,97.23,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,KALASH SHARES & SECURITIES PRIVATE LIMITED,BUY,838151,95.84,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,KHANDWALA TRADELINK CO,BUY,276354,94.39,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LAXMI GOVIND KULKARNI,BUY,187971,92.40,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LEO FINANCIAL SERVICES LTD.,BUY,186785,90.77,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LISTO HOLDINGS PRIVATE LIMITED,BUY,174251,97.05,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LPC SECURITIES LTD,BUY,119795,97.97,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,M/S RUKHMANI TRADERS,BUY,119193,101.36,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANIPUT INVESTMENTS PVT. LTD.,BUY,1191054,96.18,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANIYAR BADRESH,BUY,136500,92.47,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANSUKH SECURITIES & FINANCE LIMITED,BUY,103775,95.48,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MARWADI SHARES AND FINANCE LIMITED,BUY,664787,93.72,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MEENAXI KISHORE BHATIA,BUY,215000,96.72,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MLB CAPITAL PRIVATE LIMITED,BUY,180188,95.90,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NAMAN SECURITIES & FINANCE PVT. LTD,BUY,1404789,94.21,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NEPTUNE FINCOT PVT LTD,BUY,857150,97.22,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NIKON FINLEASE PVT. LTD,BUY,124548,94.81,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,OM INVESTMENTS,BUY,859214,92.87,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,OPG SECURITIES PVT. LTD.,BUY,101340,95.71,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PARESH PRAMODCHANDRA THAKKAR,BUY,200000,95.00,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRAMESH DILIP WAGHELA,BUY,164791,97.10,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRASHANT JAYANTILAL PATEL,BUY,184044,98.77,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRB SECURITIES PRIVATE LTD.,BUY,210552,97.08,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRIYAL INTERNATIONAL PVT LTD,BUY,100000,98.21,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R B K SHARE BROKING LIMITED,BUY,200000,98.03,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R SS INVESTMENTS PVT. LTD.,BUY,108652,99.70,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R WADIWALA SECURITIES PVT. LTD.,BUY,165326,96.51,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R.M. SHARE TRADING PVT LTD,BUY,382176,93.50,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,RAHUL DOSHI,BUY,683098,95.66,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SAHARIA BROTHERS,BUY,90000,100.09,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANDIP RASIKLAL SHAH HUF,BUY,140612,94.61,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANJAY BHANWARLAL JAIN,BUY,127579,94.67,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SETU SECURITIES LTD,BUY,162391,94.74,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SMART EQUITY BROKERS PRIVATE LIMITED,BUY,172066,91.88,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SMITA M PATEL,BUY,148613,91.44,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SS CORPORATE SECURITIES LIMITED,BUY,121550,96.59,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SURESH KUMAR ASHKARAN,BUY,197940,99.79,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,TRANSGLOBAL SECURITIES LTD.,BUY,993317,94.31,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,TRIPTI SINGHVI,BUY,518486,97.72,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,V N PORTFOLIO (P) LIMITED,BUY,87670,91.51,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,V N SHAH,BUY,140372,93.32,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VICKY M GUPTA,BUY,328043,90.36,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VIJETA BROKING INDIA PRIVATE LIMITED,BUY,214517,96.92,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VIREN RAMNIKLAL KENIA,BUY,124266,98.50,-
15-FEB-2010,TCIFINANCE,TCIFinanceLtd-Roll Sett,MAHENDRA AGARWAL,BUY,366260,23.02,-
15-FEB-2010,THINKSOFT,Thinksoft Global Ser Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,BUY,116094,506.62,-
15-FEB-2010,VASCONEQ,Vascon Engineers Ltd,GENUINE STOCK BROKERS PVT LTD,BUY,590503,152.70,-
15-FEB-2010,ATLANTA,Atlanta Limited,PRIMORE SOLUTIONS PVT.LTD,SELL,95870,195.37,-
15-FEB-2010,BHARTISHIP,Bharati Shipyard Limited,CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAP,SELL,162132,282.47,-
15-FEB-2010,CANDC,C & C Constructions Limit,M & G INVESTMENT MANAGEMENT LTD A/C PRUDENTIAL IN,SELL,98012,231.04,-
15-FEB-2010,HIRECT,Hind Rectifiers Limited,VASANTI SHARE BROKERS LIMITED,SELL,124448,78.87,-
15-FEB-2010,ITI,ITI Ltd.,OM INVESTMENTS,SELL,113464,56.95,-
15-FEB-2010,NUCHEM,Nuchem Ltd,DB (INTERNATIONAL) STOCK BROKERS LTD.,SELL,181658,14.96,-
15-FEB-2010,ONMOBILE,OnMobile Global Limited,ONMOBILE SYSTEMS INC,SELL,2612943,370.02,-
15-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,JMP SECURITIES PVT LTD,SELL,800035,19.02,-
15-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,SUMAN,SELL,860719,19.03,-
15-FEB-2010,SHREEASHTA,Shree Ashtavinayak Cine V,TRANS FINANCIAL RESOURCES LTD,SELL,1202718,19.20,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AANIR SHARES SERVICES,SELL,71000,90.64,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,SELL,104743,93.88,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ALFA FISCAL SERVICES PVT LTD,SELL,104800,91.77,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AMAR KANAIYALAL CHAUHAN,SELL,339515,91.35,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AMIT MANILAL GALA,SELL,217717,94.15,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ANAND KUMAR,SELL,105000,90.09,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,ARCHITA C GADA,SELL,266104,98.51,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,AVICHAL REALITY PRIVATE LIMITED,SELL,808595,91.04,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BAFNA RAMESH KUMAR,SELL,89217,92.88,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BHAVIN SURESH CHHEDA,SELL,451185,97.03,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BIRMI DEVI,SELL,137000,93.30,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,BP FINTRADE PRIVATE LIMITED,SELL,1042033,97.27,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,C D INTEGRATED SERVICES LTD.,SELL,112935,95.61,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,SELL,166898,97.26,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CPR CAPITAL SERVICES LTD.,SELL,512896,93.09,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CRESTA FUND LTD,SELL,400000,86.00,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,CRESTA FUND LTD.,SELL,577960,88.08,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DEEPAK SHANTILAL CHHEDA,SELL,489152,94.63,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DINESH G. PARMAR,SELL,366127,94.07,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DINESH MUNJAL(HUF),SELL,622685,95.35,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DISHITA ANKIT PARIKH,SELL,116585,91.86,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DKG SECURITIES PVT. LTD.,SELL,261100,86.38,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,DSP BLACKROCK MUTUAL FUND,SELL,98000,98.00,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,EDELVALUE PARTNERS,SELL,122648,97.66,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,EDELWEISS COMMODITIES LIMITED,SELL,88651,95.47,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,FRONTIER TRADERS PRIVATE LIMITED,SELL,200000,96.44,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,G RAMAKRISHNA,SELL,213951,95.61,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,G.S.V. COMMODITIES PRAVITE LIMITED,SELL,117932,91.98,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,GEETHA DHAYALAN,SELL,156405,93.30,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,GENUINE STOCK BROKERS PVT LTD,SELL,2525594,94.45,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,INDIA ADVANTAGE SECURITIES LTD.,SELL,262564,92.75,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,INDIA HORIZON FUND LTD,SELL,100000,98.24,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,INDRA KUMAR BAGRI,SELL,226029,96.16,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,JHAVERI TRADING AND INVESTMENT PVT LTD,SELL,97500,95.51,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,KALASH SHARES & SECURITIES PRIVATE LIMITED,SELL,833151,95.91,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,KHANDWALA TRADELINK CO,SELL,260353,95.61,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LAXMI GOVIND KULKARNI,SELL,187971,96.39,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LEO FINANCIAL SERVICES LTD.,SELL,186785,90.83,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LISTO HOLDINGS PRIVATE LIMITED,SELL,174251,99.17,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,LPC SECURITIES LTD,SELL,117795,98.04,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,M/S RUKHMANI TRADERS,SELL,119191,101.42,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANIPUT INVESTMENTS PVT. LTD.,SELL,1188593,96.37,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANIYAR BADRESH,SELL,136500,94.71,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MANSUKH SECURITIES & FINANCE LIMITED,SELL,102275,96.32,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MARWADI SHARES AND FINANCE LIMITED,SELL,664787,93.85,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MAVI INVESTMENT FUND,SELL,250000,91.23,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MEENAXI KISHORE BHATIA,SELL,215000,95.90,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,MLB CAPITAL PRIVATE LIMITED,SELL,176188,94.43,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NAMAN SECURITIES & FINANCE PVT. LTD,SELL,1327589,94.64,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NEPTUNE FINCOT PVT LTD,SELL,838548,97.33,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,NIKON FINLEASE PVT. LTD,SELL,124548,94.87,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,OM INVESTMENTS,SELL,859214,92.92,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,OPG SECURITIES PVT. LTD.,SELL,101340,95.81,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PARESH PRAMODCHANDRA THAKKAR,SELL,200000,103.64,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRAMESH DILIP WAGHELA,SELL,164791,97.21,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRASHANT JAYANTILAL PATEL,SELL,184044,98.13,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRB SECURITIES PRIVATE LTD.,SELL,210552,97.06,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,PRIYAL INTERNATIONAL PVT LTD,SELL,100000,97.32,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R B K SHARE BROKING LIMITED,SELL,200000,95.53,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R SS INVESTMENTS PVT. LTD.,SELL,108652,99.45,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R WADIWALA SECURITIES PVT. LTD.,SELL,162326,96.69,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,R.M. SHARE TRADING PVT LTD,SELL,382176,93.81,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,RAHUL DOSHI,SELL,683098,95.61,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SAHARIA BROTHERS,SELL,120000,92.58,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANDIP RASIKLAL SHAH HUF,SELL,140612,95.23,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SANJAY BHANWARLAL JAIN,SELL,127579,94.63,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SETU SECURITIES LTD,SELL,151987,95.17,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SMART EQUITY BROKERS PRIVATE LIMITED,SELL,172066,91.91,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SMITA M PATEL,SELL,148613,91.64,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SS CORPORATE SECURITIES LIMITED,SELL,120150,96.93,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SUN FINLEASE GUJARAT LTD,SELL,155549,97.70,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,SURESH KUMAR ASHKARAN,SELL,197940,96.68,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,TRANSGLOBAL SECURITIES LTD.,SELL,993317,94.87,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,TRIPTI SINGHVI,SELL,518486,96.17,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,V N PORTFOLIO (P) LIMITED,SELL,87670,91.70,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,V N SHAH,SELL,140372,95.73,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VICKY M GUPTA,SELL,328043,94.51,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VIJETA BROKING INDIA PRIVATE LIMITED,SELL,214517,97.25,-
15-FEB-2010,SYNCOM,Syncom Healthcare Ltd,VIREN RAMNIKLAL KENIA,SELL,124266,98.40,-
15-FEB-2010,TCIFINANCE,TCIFinanceLtd-Roll Sett,GATI INFRASTRUCTURE LTD,SELL,366260,23.02,-
15-FEB-2010,THINKSOFT,Thinksoft Global Ser Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,SELL,116094,506.69,-
15-FEB-2010,VASCONEQ,Vascon Engineers Ltd,GENUINE STOCK BROKERS PVT LTD,SELL,590503,152.95,-

Inflation & Airtel weigh IIP down

Today's major news

Healthy listing for Syncom Healthcare: the stock closes 17.13% higher

Vascon Engineers list with 5% premium; the stock closes 10.79% lower

Zain Telecom’s board accepts Bharti Airtel’s offer; the stock drops 9.22%

Castrol’s board to consider bonus issue; the stock jumps 3.02%

Four Soft wins WMS contract from Len Lothian; the stock rises 1.22%

Click here for more stories

Post-market summary

Global signals

European indices rose on Monday ahead of Euro zone finance ministers meet. At the time of writing this report FTSE 100 was up by 0.69%.

All Asian indices except Shanghai Composite closed lower. SGX Nifty closed 39 points lower.

US markets will be closed today to mark President’s Day.

Indian indices

In spite of robust index of industrial production (IIP) numbers for December 2009, the domestic indices closed lower on the back of weak global indicators combined with rising inflation worry and continuing selling in Bharti Airtel. The Sensex that opened 34 points higher at 16187 briefly stayed in green and touched the day’s high of 16227. However, it soon turned negative and touched the day’s low of 16011 after inflation figures were announced. At finish line the Sensex closed at 16038, 114 points lower while Nifty closed 25 points down at 4802.

Market sentiment

The market breadth was negative. Of the 2,869 stocks traded on the BSE, 1,634 stocks declined, 1158 stocks advanced. Seventy seven stocks ended unchanged.

Sectoral & stock screening

In a rather listless session, investors evinced mild interest in health care (HC), information technology (IT) and metal stocks. BSE HC was up by marginal 0.40%, BSE IT was up by slight 0.26% and BSE Metal was up meagre 0.23%. However consumer durable (CD), technology and oil and gas fell out of favour. BSE CD was down 1.49%, BSE TECk was 1.30% lower and BSE Oil & Gas fell by 0.94%.

Of the stocks that rose the most for the day, Jain Irrigation moved up 5.69%, followed by KSK Energy that advanced 3.69% and HCL Technologies that surged 3.63% for the day. Those stocks that were hit the worst includes Bharti Airtel that fell 9.22% followed by Bank of India that declined 3.94%, Shriram Transport Finance that dipped 3.49% and Religare Enterprises that was down by 3.23%.

Viewing volumes

The shares that drew investor interest includes Unitech, the leading real estate company, as over 0.69 crore Unitech shares changed hands on BSE, followed by the largest domestic telecom operator Bharti Airtel (0.50 crore shares), wind power major Suzlon Energy (0.37 crore shares), leading integrated steel maker Ispat Industries (0.33 crore shares) and Industrial finance company IFCI (0.24 crore shares).

Market falters on fears policy makers may start withdrawing stimulus measures

The key benchmark indices fell on worries the central bank may take more monetary action to check inflation after the latest data showed that the headline inflation jumped in January 2010. The BSE 30-share Sensex fell 114.24 points or 0.71%, off close to 190 points from the day's high and up close to 25 points from the day's low. Consumer durables, capital goods, realty, FMCG, banking shares fell. Index heavyweight Reliance Industries (RIL) reversed early gains.

India's largest mobile services provider by sales Bharti Airtel fell more than 9% on concerns the leading mobile firm's $10.7 billion offer for Kuwaiti Zain's African assets could strain its finances. The market breadth, which was strong at the onset of the trading session, turned weak later.

The market was volatile. Stocks turned negative soon after a firm start. The Sensex moved in a narrow range in morning trade. The market edged lower after moving between the positive and negative terrain in mid-morning trade. The market slumped in early afternoon trade as inflation jumped. The market weakened again after recovering sharply from the day's low in mid-afternoon trade.

India VIX, a volatility index based on the S&P CNX Nifty index option prices, rose 3.02% to 29.68. India VIX is a measure of the market's expectation of volatility over the next 30 calendar days.

EPFR Global, the Massachusetts-based research firm that tracks global fund flows said investors took $2.9 billion out of all emerging-market equity funds in the first week of February 2010, the highest weekly decline since 9 July, 2008. Global funds in particular were hurt as investors pulled $1.76 billion, a 60-week high. Stocks funds focused on Asia aside from Japan saw their biggest outflows since mid-August.

Closer home, the wholesale price index (WPI) rose 8.56% in January 2010 from a year earlier, driven by higher food prices, government data showed on Monday. The latest reading on the WPI was the highest since November 2008. It was higher than an annual 7.3% rise in December 2009.

The rise was driven by a 17.4% jump in food prices, which rose on weak monsoon rains and flooding from last year. Inflation in manufacturing picked up to 6.55% from about 5% in December 2009, a sign that inflationary pressures were spreading to other sectors of the economy. Meanwhile, the government revised upwards WPI inflation for November 2009 to 5.55% from 4.78% earlier. In January, the Reserve Bank of India (RBI) had raised the wholesale price inflation forecast for the current year to end-March to 8.5 % from 6.5%.

RBI Governor Duvvuri Subbarao said over the weekend the large government borrowing influences monetary policy. The government completed its market borrowing of Rs 4.51 lakh crore ($97 billion) for the current fiscal year to end-March early this month and the RBI expects its gross market borrowing next year to be slightly higher than this year.

Industrial output grew at its fastest pace in at least a decade in December 2009, in further evidence of a strong economic recovery that could allow the government to follow the Reserve Bank in withdrawing stimulus. Industrial output grew 16.8% in December from a year earlier, up from revised annual rise of 11.8% in November, data showed on Friday 12 February 2010. The RBI has already started to unwind stimulus, surprising markets by raising banks' cash reserve requirements by more than expected at its January policy review. It is widely expected to tighten rates at its April meeting.

Factory output, which grew for the 12th consecutive month, is riding on a revival in consumer demand following aggressive rate cuts by the central bank and stimulus via tax breaks put in place after the global downturn. Since December 2008, the government has announced stimulus packages equivalent to about 12% of GDP to boost infrastructure and support economic recovery, while the Reserve Bank of India cut its key lending rate by 425 basis points between October 2008 and April 2009.

Purchasing managers' index showed last week manufacturing activity in January grew at its fastest pace in almost 1-1/2 years, boosted by a sharp rise in new export orders, while car sales in January rose an annual 32.3%.

The government has been reluctant to commit any rollback in fiscal stimulus but with the economy increasingly looking on a solid footing, there are expectations that it would lay out a roadmap for a stimulus withdraw in its 26 February 2010 annual budget. Last week, the finance minister said India's economy would grow around 7.75% in the fiscal year ending March.

The economy is likely to grow more than 8% in the fiscal year 2010-11, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said on Friday 12 February 2010. The high industrial output figures show robust economic growth and the economy is likely to do well in the quarter through December, Finance Minister Pranab Mukherjee said on Friday.

Mukherjee will reportedly not present a major tax reform to bring down corporate tax and simplify income tax rules this month. The Direct Taxes Code bill was expected to be presented in the budget session of parliament beginning on 22 February 2010, with the aim of coming into effect from April next year. There are several complications in the Direct Taxes Code in its present form, and it required further scrutiny. Reports added that the government may delay the major tax reform bill to the next session of parliament, which starts in July.

Meanwhile, the government has amended rules for foreign currency convertible bonds (FCCBs) issuance allowing companies that have issued FCCBs prior to 27 November 2008, a six-month window for revising their conversion price.

European shares rose on Monday, with banks and commodity stocks taking the lead as investors awaited the euro zone finance ministers meeting. The key benchmark indices in France, Germany and UK rose by between 0.7% to 0.9%.

Although European stocks inched higher, concerns about debt restructuring of government-backed Dubai World weighed on sentiment and investors appetite for risk. Dubai denied on Sunday a media report that the firm was mulling a two-part deal, including one that may repay lenders 60% over seven years.

Meanwhile, there were few expectations that a meeting of euro zone finance ministers on Monday and Tuesday would yield specific measures to bail out Greece after European Union leaders pledged to support it last week but failed to agree financial aid. ECB President Jean-Claude Trichet said on Sunday that Greece must take extra measures to fix its budget deficit and scrutiny of its economic indicators must be heightened

Asian stocks fell on Monday, 15 February 2010 for the first time in a week, led by commodity producers after BlueScope Steel swung to a loss and China bolstered steps to curb inflation. The key benchmark indices in Japan and Indonesia fell 0.66% and 0.78% respectively. Most Asian markets are shut on Monday and Tuesday for the Lunar New Year holidays.

Japan's economic growth accelerated last quarter as a global trade revival fueled demand for the nation's exports. Gross domestic product rose at an annual 4.6% pace in the three months ended 31 December 2010, the Cabinet Office said in Tokyo today.

China ordered banks on 12 February 2010 to set aside more deposits as reserves for the second time in a month, as loan growth quickened and property prices surged. The reserve requirement will increase 50 basis points effective 25 February 2010.

Trading in US index futures indicated the Dow could fall 11 points at the opening bell on Tuesday, 16 February 2010. US markets are closed on Monday for the Presidents' Day holiday.

US stocks fell on Friday 12 February 2010 as a surprise move by China to restrict bank lending to cool its surging economy weighed on commodity prices and resource shares. The hike by China in bank reserve requirements is the second increase in as many months and raised worries about the impact of monetary tightening on global growth. Markets were also pressured by weaker-than-expected reads on US consumer sentiment and business inventories, and brushed aside a higher-than-forecast figure on January US retail sales, which rose 0.5%. The Dow Jones industrial average fell 45.05 points, or 0.45% to 10,099.14. The Nasdaq Composite index was marginally up. It added 6.12 points, or 0.28% to 2183.53.

The BSE 30-share Sensex fell 114.24 points or 0.71% to 16038.35. The Sensex fell 140.77 points at the day's low of 16,011.82 in late trade. It gained 74.45 points at the day's high of 16227.04 in early trade.

The S&P CNX Nifty fell 24.90 points or 0.52% to 4801.95. Nifty February 2010 futures were at 4,795, at a discount of 6.95 points as compared to the spot closing of 4,801.95. Turnover in NSE's futures & options (F&O) segment was Rs 59,415.62 crore, much lower than Rs 73,749.79 crore on Thursday, 11 February 2010.

The BSE Mid-Cap index fell 0.56% and the BSE Small-Cap index fell 0.37%. Both the indices underperformed the Sensex.

Most of the sectoral indices on BSE fell. The BSE HealthCare index (up 0.4%), BSE IT index (up 0.26%), BSE Metal index (up 0.23%), BSE Capital Goods index (down 0.1%), BSE FMCG index (down 0.17%), BSE Power index (down 0.24%), BSE Auto index (down 0.33%), and BSE Realty index (down 0.47%) outperformed the Sensex.

The BSE Consumer Durables index (down 1.49%), BSE Teck index (down 1.3%), BSE Oil & Gas index (down 0.94%), BSE PSU index (down 0.76%), and BSE Bankex (down 0.74%), underperformed the Sensex.

The market breadth, indicating the overall health of the market was weak. On BSE, 1155 shares advanced as compared with 1628 that declined. A total of 74 shares remained unchanged. The breadth was strong earlier in the day.

From the 30-member Sensex pack, 20 fell and rest rose.

BSE clocked a turnover of Rs 2988 crore, much lower than Rs 3970.72 crore on Thursday, 11 February 2010.

Index heavyweight Reliance Industries (RIL) fell 0.64% reversing early gains. RIL recently submitted a $2 billion expression of interest for Value Creation Inc, a Canada-based private firm which holds oil sands assets.

India's largest mobile services provider by sales Bharti Airtel fell 9.22% on concerns the leading Indian mobile firm's $10.7 billion offer for Kuwaiti Zain's African assets could strain its finances. The stock fell on heavy volume with 50.07 lakh shares changing hands on BSE.

Bharti Airtel said on Monday it is in talks to buy the African assets of Kuwaiti telecom Zain for $10.7 billion, a deal that would give India's leading mobile operator a foothold in a largely untapped region with significant growth potential. Zain's board has reportedly approved the sale to Bharti, which is controlled by billionaire Sunil Mittal and 30% owned by Singapore Telecommunications.

Bharti said in a statement on Monday that it has entered into exclusive talks with Zain over the assets, which exclude operations in Morocco and Sudan, until 25 March 2010.

India's largest engineering and construction firm by sales Larsen & Toubro fell 1.06%. The company said last week it won orders worth Rs 582 crore.

Among other capital goods stocks, SKF India, Praj Industries and Punj Lloyd fell by between 0.43% to 1.93%.

India's largest power equipment maker by sales Bharat Heavy Electricals rose 1.41% extending Thursday's 0.76% gains. The company last week secured a contract for the electro-mechanical equipment package for a 1,200 megawatt hydroelectric project in Bhutan valued at Rs 1,016 crore.

Rate sensitive realty shares fell on possible hike in interest rates by the central bank to check a surge in inflation as economy shows a sign of pick up. Among realty stocks, Akruti City, DLF, Phoenix Mills and Housing Development and Infrastructure fell by between 0.29% to 1.25%.

But, Unitech rose 0.2%. Recently Telenor bought a further 7.15% stake in its telecom joint venture Unitech Wireless by pumping in additional Rs 2022 crore of fresh equity.

Consumer durables stocks fell on profit taking. Rajesh Exports, Titan Industries, Videocon Industries, Blue Star, Gitanjali Gems fell by between 0.83% to 2.73%.

FMCG stocks fell on profit taking. TaDabur India, United Spirits, Hindustan Unilever, Nestle India fell by between 0.36% to 1.3%.

Rate sensitive banking shares fell on possible hike in interest rates by the central bank to check surge in inflation as economy showed a sign of pick up. India's largest private sector bank by net profit ICICI Bank fell 1.16%. Its ADR fell 0.11% on Friday, 12 February 2010. India's largest bank by net profit and branch network State Bank of India fell 1.25%. But, India's second largest private sector bank by net profit HDFC Bank rose 1.11%. Its ADR fell 0.53% on Friday.

The central bank said on last week it will introduce from 1 April 2010 a new base rate to price credit more transparently, replacing the existing benchmark prime lending rate (BPLR). The Reserve Bank of India said the base rate will be the new reference rate for determining lending rates. According to draft guidelines, the RBI has proposed that the actual lending rate charged to borrowers would be the base rate plus borrower-specific charges including product-specific operating cost, credit-risk premium and tenure premium said.

India's second largest mobile services provider by sales Reliance Communications fell 2.92%. The company said it added 2.8 million mobile users in January 2010.

IT stocks rose on positive economic data in the US. US is the biggest market for Indian IT firms. India's third largest software services exporter Wipro rose 0.64% extending Thursday's 1.2% gains. Its ADR was flat on Friday. As per recent reports, Wipro Consumer Care and Lighting, the FMCG arm of Wipro, is in advanced talks to buy Nigeria-based skincare company, Tura International. India's largest IT exporter by sales Tata Consultancy Services rose 0.45% extending Thursday's 1.44% gains. Reportedly TCS' Passport Seva Project, which aims to issue passports in flat three days, is all set to be launched in a week or two.

India's second largest IT exporter by sales Infosys was flat. Its ADR fell 0.44% on Friday.

Shares of oil exploration firms declined, after crude oil prices fell more than $1 a barrel on the New York Mercantile Exchange, on Friday, 12 February 2010. India's second biggest oil and gas exploration firm by revenue, Oil India, declined 1.48%. Cairn India dropped 1.12%. India's biggest state-run oil exploration firm by revenue Oil & Natural Gas Corporation (ONGC) fell 1.08%. Fall in crude oil prices would result in lower realizations from crude sales for oil exploration firms. Light, sweet crude oil declined $1.15, or 1.53%, to $74.13 a barrel on the New York Mercantile Exchange on Friday, 12 February 2010 after US government data showed a surprise rise in inventories stockpiles last week.

India's largest power utility firm by sales NTPC fell 0.47%. The company's follow on public offer managed to scrape through with the issue getting subscribed 1.2 times. The issue, through which the government is divesting 5% of its stake, at a floor price of Rs 201 a share, opened on 3 February 2010 and closed on 5 February 2010. At the floor price, the follow-on-public offer (FPO) is valued at Rs 8,286 crore.

Among other power stocks, Tata Power Company, Reliance Infrastructure, Reliance Power fell by between 0.46% to 1.99%.

Metal stocks fell after LMEX, a gauge of six metals traded on the London Metal Exchange, fell 0.92% on Friday, 12 February 2010. Steel Authority of India, Sesa Goa, National Aluminum Company, Hindustan Zinc, Jindal Steel & Power fell by between 0.31% to 2.91%.

But, Hindalco Industries rose 1.81% extending Thursday's 1.28% gains on reports the company hopes to complete raising Rs 4900 crore of debt in the next two weeks to achieve financial closure for Utkal Alumina Refinery, a 15 lakh tonne per annum project in Orissa.

India's largest drug maker by sales Ranbaxy Laboratories fell 1.24%. Daiichi Sankyo said it will launch new innovative products in Mexico through the marketing division of Ranbaxy's Mexican subsidiary Ranbaxy Mexico.

But other healthcare stocks rose. Cipla, Pfizer, Sun Pharmaceutical Industries, Dr Reddy's Laboratories, Wockhardt rose by between 0.16% to 1.58%.

Rate sensitive auto stocks fell on concerns of rate hike by the central bank. India's largest commercial vehicle maker by sales Tata Motors fell 0.78%. The company said on Monday its global vehicle sales for January nearly doubled to 85,714 units from a year earlier. The sales include UK-based luxury brands Jaguar and Land Rover, whose sales nearly trebled in the month to 16,269 units from a year ago, the company said in a statement. It had earlier said domestic sales, including trucks, buses and cars, jumped an annual 77 % in January.

India's top small car manufacturer by sales Maruti Suzuki India fell 1.47%. As per reports the company expects a 20% growth in sales and hopes to double its exports to around 1.6 lakh units this fiscal ended March 2010. India's biggest tractor maker by sales Mahindra & Mahindra (M&M) rose 1.96% extending Thursday's 3.17% gains.

Among two-wheeler makers, TVS Motor Company and Bajaj Auto fell by between 0.09% to 1.65%.

Cals Refineries clocked the highest volume of 4.26 crore shares on BSE. Syncom HealthCare (2.61 crore shares), Unitech (0.69 crore shares), Camlin (0.65 crore shares) and Vascon Engineers (0.59 crore shares) were the other volume toppers in that order.

Syncom HealthCare clocked the highest turnover of Rs 229.30 crore on BSE. Bharti Airel (Rs 142.94 crore), Tata Steel (Rs 96.77 crore), Vascon Engineers (Rs 87.6 crore) and Titagarh Wagons (Rs 77.31 crore) were the other turnover toppers in that order.

Latest Grey Market Premiums - Feb 15 2010

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac Application)
Aqua Logistics	220	5 to 6	--
Syncom Healthcare	75	12 to 13	--
Thangamayil Jewellery	75	2.50 to 3	--
Vascon Engg.	165	7 to 8	--
D. B. Realty	468	8 to 8.50	--
Emmbi Polyarns	40 to 45	2 to 3	--
NTPC (FPO)	201	2 to 2.50	--
ARSS Infrastructure Projects	410 to 450	140 to 145	--
Hathway Cable & Data Comm.	240 to 265	6 to 7	--
Texmo Pipes	85 to 90	11 to 12	1950 to 2000
Man Infraconst.	243 to 252	45 to 48	1800 to 1950

Sensex may open higher

Headlines for the day

Zain board agrees to $10.7 billion Bharti bid for operations in Africa - DNA

SEBI wants breather on 25% public holding norm - Business Standard

Jaihind Projects bags Rs1100 crore contract - Business Standard

CLP Power to invest $800 mn in renewable energy by December - Business Standard

Dahej SEZ aims at exports worth Rs70 crore for Fiscal 2009-10 - Business Standard

Events for the day

Major corporate action:

Ex-date for interim dividend of India Motor Parts & Accessories

Vascon Engineers Ltd to list today

Syncom Healthcare Ltd to list today

Pre-market report

Global signals

On Friday, European stocks end its four-day winning streak and closed lower after china raise bank’s reserve requirement. FTSE 100 closed 0.37% lower at 5142.

In US markets, Dow Jones closed lower by 0.44% while Nasdaq closed 0.28% higher.

In today's trade, all the Asian indices are trading lower except Shanghai composite. At the time of writing of this report, SGX Nifty trades 14 points higher.

Indian markets

Domestic market may open higher on the back of better than expected IIP numbers for December and mixed overseas markets.

Among the local indices, the Nifty could test the 4850-4900 range on the up side, while on the down side it could find support at 4750 and 4800. While the Sensex is likely to get support at 15700 and may face resistance at 16400.

Indian ADR's

Among the Indian ADRs trading on the US bourses, Satyam surged the most with gains of 0.80%, on other hand MTNL fell the most with loss of 0.95%.

Commodity cues

In the commodity space, wherein the Crude oil prices recorded marginal gain, with the Nymex light crude oil for March series rose by $0.08 to settle at $74.21 a barrel.

In the metals space, Comex Gold for April series down by $4.50 to settle at $1090.20 to a troy ounce.

In the metals space, Comex Silver for March series down by $0.18 to settle at $15.41 to a troy ounce.

Daily trend of FII/MF investment in equities

On February 11, 2010, FIIs were the net sellers of the Indian Stocks in the tune of Rs23.60 crore (with the gross purchase of Rs2376.80 crore and gross sales of Rs2400.40 crore).

While the Domestic mutual funds, on February 10, 2010, were the net buyers of the stocks in the tune of Rs267.10 crore (with gross purchase of Rs761.50 crore and gross sales of Rs494.50 crore).

Technology sector takes US stocks higher

Wall Street ends its weekly losing streak

US stocks ended their weekly losing steak and managed to sport modest gains for the week that ended on Friday, 12 February 2010. It was mainly the technology sector that helped market register the gains. Other than that, the dollar fluctuated as and when Fed came out with its statements regarding chances of interest rate hike. Solution to Greece's debt problems thereby improving the country's fiscal health was another factor that dictated market momentum during the week.

For the week, that ended on Friday, 12 February 2010, Dow ended higher by 86.91 points (0.9%) at 10,099.14. Nasdaq ended higher by 42.41 points (2%) at 2183.53. S&P 500 gained 9.52 points (0.9%) at 1075.91. Eight of ten economic sectors ended in the green led by materials, technology, consumer discretionary and energy sectors.

During the week, the big story was a potential aid package for Greece. The news propped up the market on Tuesday, 9 February 2010, helping it more than regain Monday's, 8 February's declines.

The stories were speculative and conflicting at first. But as per latest reports the European Union met to discuss Greece's plans to reduce its large deficit. EU President Rompuy pledged to help Greece, but he did not provide any specific details. Specifically, the IMF also pledged support for Greece, while the European Central Bank and the European Commission said they will monitor Greece and draw up "necessary additional measures" to maintain stability in the eurozone.

The dollar was also influenced this week by Federal Reserve Chairman Bernanke's prepared testimony on unwinding the central bank's emergency liquidity programs. Mr. Bernanke suggested the possibility of an increased discount rate "before long," resulting in a spike in the dollar.

On Friday, 12 February 2010, leadership from the tech sector helped stocks trim steep losses that stemmed from a stronger dollar. The stock market gapped down in the early going to trade with a loss of as the Dollar Index climbed to a near 1% gain amid a sharp decline in the euro, which was weakened by a weaker-than-expected fourth quarter eurozone GDP reading. But at the end, Nasdaq was the only major index to end in the green. Economic reports dominated the day.

On that day, the Dow Jones Industrial Average ended lower by 45.05 points at 10,099.14. Nasdaq ended higher by 6.12 points at 2183.53. S&P 500 ended lower by 2.96 points at 1075.51. Dow was trading lower by 131 points earlier during the day. Nine of ten sectors ended lower for the day led by utilities, industrials, and energy sectors. Technology sector was the sole gainer.

Among economic data expected for the day, the Commerce Department reported on Friday, 12 January 2010, that U.S. businesses cut their inventories for the first time in three months, but strong sales reduced the key inventory-to-sales ratio to below its pre-recession average. Paced by a large drawdown in autos, business inventories fell 0.2% in December. Inventories had risen in October and November, which had ended a 13-month span of declines. Market was expecting inventories to remain flat.

On the other hand, the University of Michigan and Reuters reported on Friday that American consumers were more pessimistic about the path of the economy in February. The UMich index fell to 73.7 in February from 74.4 in January. Consumers were more upbeat about currrent economic conditions, with the current index rising from 81.1 in January to 84.1, the highest since March 2008. However, attitudes about the near-term deteriorated, with the expectations index falling to 66.9 in February from 70.1 in January. Expectations had risen three months in a row.

Separately, January retail sales surprised to the upside. Specifically, total retail sales rose 0.5% (consensus +0.3%) from the prior month, which was revised up to a decline of 0.1% from a decline of 0.3%, while sales excluding autos jumped 0.6% (consensus +0.5%). Sales gains were broad-based in January.

Semiconductor stocks in the technology sector supported the market for second straight day. Intel was a main gainer for the day.

After four consecutive days of rise, crude oil prices fell on Friday, 12 February 2010. An interest rate move by China strengthened the dollar thereby pressuring commodities. Nevertheless, crude gained for the week. Economic data also pressured crude oil prices. On Friday, crude-oil futures for light sweet crude for March delivery closed at $74.13/barrel (lower by $1.15 or 1.5%). For the week, crude gained 4%. In January 2010, crude ended lower by 8.3%. On a year to date basis, crude is lower by 6.6%.

On Friday, the Energy Information Administration reported an increase of 2.42 million barrels in U.S. crude inventories in the week ended 5 February 2010, a bigger buildup than had been expected. The report was delayed by two days because of a snowstorm that shut down government offices in Washington, D.C.

The EIA also said gasoline supplies rose by 2.3 million barrels, while distillate stocks fell by 356,000 barrels. Market was looking for an increase of 1 million barrels for gasoline and a decline of 1.75 million barrels for distillates.

In the currency market on Friday, the dollar index, which weighs the strength of dollar against the basket of six other currencies, went up by almost 0.3%. However, the greenback pared some of its gains at the end.

Heavy selling pressure was seen in Asian trade on Friday after the People's Bank of China said it would raise the ratio of reserves banks must set aside by 0.5 of a percentage point, the second such move this year.

Indian ADRs ended mixed on Friday. Tata Motors was a gainer adding 0.5%. WNS and HDFC Bank were the main losers shedding 1.1% and 0.5% respectively.

For the year, Dow, Nasdaq and S&P 500 are lower by 3.2%, 3.8% and 3.6% respectively. Next week, U.S. markets will be closed on Monday in observance of Presidents Day. While fourth quarter earnings season will continue to wind down next week, with a few exceptions, the economic calendar will pick up. Industrial Production and the Minutes from the 26-27 January 2010 FOMC meeting are due next week.

Market may edge lower on weak Asian stocks; inflation data eyed

The market may edge lower tracking losses in Asian stocks triggered by China's measures to curb inflation. Closer home, the government will announce the wholesale price index data for the month of January 2010 today. The wholesale price index is expected to rise to 8.21% in January 2010 from a year earlier. Financial markets were closed on Friday 12 February 2010 for Mahashivratri holiday.

Asian stocks fell on Monday, 15 February 2010 for the first time in a week, led by commodity producers after BlueScope Steel swung to a loss and China bolstered steps to curb inflation. The key benchmark indices in Japan and Indonesia fell by between 0.41% to 0.42%. Most of the Asian markets were shut for Lunar New Year holidays.

Japan's economic growth accelerated last quarter as a global trade revival fueled demand for the nation's exports. Gross domestic product rose at an annual 4.6% pace in the three months ended 31 December 2010, the Cabinet Office said in Tokyo today.

China ordered banks on 12 February 2010 to set aside more deposits as reserves for the second time in a month, as loan growth quickened and property prices surged. The reserve requirement will increase 50 basis points effective 25 February 2010.

US stocks fell on Friday 12 February 2010 as a surprise move by China to restrict bank lending to cool its surging economy weighed on commodity prices and resource shares. The hike by China in bank reserve requirements is the second increase in as many months and raised worries about the impact of monetary tightening on global growth. Markets were also pressured by weaker-than-expected reads on US consumer sentiment and business inventories, and brushed aside a higher-than-forecast figure on January US retail sales, which rose 0.5%. The Dow Jones industrial average fell 45.05 points, or 0.45% to 10,099.14. The Nasdaq Composite index was marginally up. It added 6.12 points, or 0.28% to 2183.53.

Euro zone finance ministers will pile up pressure on Greece on Monday to fully implement planned budget deficit cuts so that the euro area would never have to deliver on its last week's pledge of support for Athens. European Union leaders issued a statement last week saying Greece had to do everything it could to reduce its budget gap of 12.7% of GDP to below the EU ceiling of 3 percent in 2012, including a 4 percentage point cut this year. But leaders also said the euro zone would take determined and coordinated action, if needed, to safeguard financial stability in the euro area as a whole, sending a signal to markets that they would not let Greece default on its debt.

Closer home, fuel costs in India flared up in late January and food prices rose for a third straight week, threatening to push headline inflation into double-digits, and raising pressure on the Reserve Bank of India (RBI) to tighten monetary policy. Food prices rose 17.9% in the 12 months to 30 January 2010, higher than an annual rise of 17.6% in the previous week, the data released on Thursday 12 February 2010 showed. Fuel prices rose an annual 10.4% in the same week, sharply up from a rise of 5.88% on year the previous week.

The industrial output grew at its fastest pace in at least a decade in December 2009, in further evidence of a strong economic recovery that could allow the government to follow the Reserve Bank in withdrawing stimulus. Industrial output grew 16.8% in December from a year earlier, up from revised annual rise of 11.8% in November, data showed on Friday 12 February 2010. The RBI has already started to unwind stimulus, surprising markets by raising banks' cash reserve requirements by more than expected at its January policy review. It is widely expected to tighten rates at its April meeting.

Factory output, which grew for the 12th consecutive month, is riding on a revival in consumer demand following aggressive rate cuts by the central bank and stimulus via tax breaks put in place after the global downturn. Since December 2008, the government has announced stimulus packages equivalent to about 12% of GDP to boost infrastructure and support economic recovery, while the Reserve Bank of India cut its key lending rate by 425 basis points between October 2008 and April 2009.

Purchasing managers' index showed last week manufacturing activity in January grew at its fastest pace in almost 1-1/2 years, boosted by a sharp rise in new export orders, while car sales in January rose an annual 32.3%.

The government has been reluctant to commit any rollback in fiscal stimulus but with the economy increasingly looking on a solid footing, there are expectations that it would lay out a roadmap for a stimulus withdraw in its 26 February 2010 annual budget. Last week, the finance minister said India's economy would grow around 7.75% in the fiscal year ending March.

The economy is likely to grow more than 8% in the fiscal year 2010-11, Montek Singh Ahluwalia, deputy chairman of the Planning Commission, said on Friday 12 February 2010. The high industrial output figures show robust economic growth and the economy is likely to do well in the quarter through December, Finance Minister Pranab Mukherjee said on Friday.

Mukherjee will reportedly not present a major tax reform to bring down corporate tax and simplify income tax rules this month. The Direct Taxes Code bill was expected to be presented in the budget session of parliament beginning on 22 February 2010, with the aim of coming into effect from April next year. There are several complications in the Direct Taxes Code in its present form, and it required further scrutiny. Reports added that the government may delay the major tax reform bill to the next session of parliament, which starts in July.

In stock-specific news, Kuwaiti telecom group Zain has reportedly agreed to offload its African assets to Bharti Airtel, in a deal valued at $10.7 billion. The deal marks one of the biggest cross-border transactions in the Middle East in years.

The key benchmark surged on Thursday, 11 February 2010, as firm Asian stocks and gains in US index futures boosted sentiment. The government's decision to ease foreign investment rules also underpinned sentiment. The BSE 30-share Sensex rose 230.42 points or 1.45% to 16,152.59 on that day.

As per provisional figures on NSE, foreign funds bought shares worth Rs 211.90 crore and domestic funds bought shares worth Rs 60.82 crore on Thursday, 11 February 2010.

Gammon India

Gammon India

Daily News Roundup - Feb 15 2010

The board of Kuwait’s Zain Telecom accepts a US$10.7bn offer from Bharti Airtel for the bulk of its African assets. (ET)

The Comptroller and Auditor General of India has decided to audit the accounts of Bharti Airtel, Reliance, Tata, Vodafone and BSNL for 2009-10. (BS)

Oil regulator DGH asks Reliance Industries to club marketing margin with sale price for royalty calculation. (ET)

BHEL plans to step up focus on other areas of operations, including the transportation sector, transmission equipment and renewable energy. (BL)

Bharti Airtel is set to announce another US$2bn mega equipment contract. (ET)

Mahindra & Mahindra plans to foray into the motorcycle segment with a full range of products by this year. (ET)

PNB plans to enter South Africa and Indonesia to expand its international business operations and raise its share in the total business to 7% in next three years. (BS)

Reliance Communications plans to buy 2mn CDMA handsets for Rs3.4bn from Chinese telecom vendor Huawei Technologies. (BS)

SAIL denies any dialogue with South Korea’s Posco for a possible joint venture at Kulti in West Bengal. (ET)

JSW Steel is evaluating proposals to acquire coal mines overseas. (BS)

SCI plans to acquire in phases Capesize vessels and VLCCs four each. (BL)

NMDC is likely to file a revised draft papers for follow-on public offer. (mint)

Arvind plans to scale up organic denim biz. (ET)

Shriram Transport Finance is looking aggressively for more acquisitions. (BS)

Cabinet is likely to approve SAIL’s share sale plan on February 18. (DNA)

GSS America plans to raise up to US$75mn through QIP, FCCB, and GDR & ADR to fuel its inorganic growth plans. (BS)

Dewan Housing plans to launch a new subsidiary, NewCo for an investment of Rs1bn and also plans to divest 20% to PE investor. (BS)

West Bengal allots 505 acres for Rs70bn Adhunik Corp proposed steel & power Facility. (ET)

Hinduja Ventures board approves the acquisition of IDL Speciality Chemicals. (BS)

Tata Teleservices enters into a franchisee agreement with Future Group to offer GSM mobile telephony services under a new brand T24. (BS)

Maruti to stop selling M-800 in 13 major cities from April 2010. (ET)

Emami Group hikes stake in Rama Newsprint to 5%. (ET)

Tube Investments acquired 77% stake in Sedis Group, France, in order to strengthen the industrial chains business. (ET)

Board of Directors of Ruchi Soya approved for merger with Palm Tech. (BS)

Future Group plans to reorganise fruit and vegetables business. (ET)

The Union Mines Ministry to seek Cabinet approval for its proposal to divest 20% stake in Hindustan Copper. (BL)

American Tower Corp, USA’s is close to acquiring Essar Telecom Infrastructure for over US$425mn. (ET)

Industrial production grew 16.8% in December 2009 from a year earlier, boosted by a 46% increase in consumer durables and a 38.8% jump in capital goods. (ET)

Finance Minister and petroleum minister failed to reach a consensus on a hike in fuel prices. (DNA)

CERC draft proposes to streamline power pricing to facilitate integration of electricity markets. (BS)

Reserve Bank of India relaxes exposure limits for banks lending to Infra Finance companies. (ET)

Domestic passenger traffic increased by 23% last month over the same period last year, passengers carried by all airlines in January stood at 41.41 lakh, compared with 33.76 lakh in 2009. (ET)

The Government is expected to take a final decision on the timing of auctioning third generation (3G) spectrum this week. (BL)

Realtors seek infrastructure status for affordable homes. (BL)

The government may announce a major capital infusion into public sector banks, or PSBs. (ET)