Wednesday, March 31, 2010
12 to 14
120 to 122
Shree Ganesh Jewellery
137 to 145
18 to 20
Goenka Diamond & Jewellery
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
31/3/2010 590006 Amrutanjan Health OPG SECURITIES P LTD B 24229 1007.08
31/3/2010 590006 Amrutanjan Health OPG SECURITIES P LTD S 24229 1006.35
31/3/2010 507828 Ansal Housing APV SHARES & SECURITIES PRIVATE LIMITED B 86530 53.75
31/3/2010 507828 Ansal Housing MONEY MATTERS ADVISORY SERVICES LIMITED S 86530 53.75
31/3/2010 532914 Arcotech TEJINDER SINGH S 100000 23.10
31/3/2010 532995 Avon Corp PANKAJ PRATAPSINH SARAIYA B 400000 6.50
31/3/2010 532995 Avon Corp VINOD AMRATLAL NAAI S 431574 6.51
31/3/2010 500035 Balaji Dist DSP MERRIL LYNCH LTD B 900000 45.55
31/3/2010 500035 Balaji Dist IDFC MUTUAL FUND B 1100000 45.55
31/3/2010 500035 Balaji Dist ICICI BANK LTD S 2000000 45.55
31/3/2010 511664 BGIL Films VIJAY UDAYKUMAR UDANI B 60100 15.26
31/3/2010 511664 BGIL Films MANSUKH PURUSOTTAM RABADIA S 60000 15.26
31/3/2010 532845 Bhagwati Banq NARENDRA GORMUKHDAS SOMANI B 600000 66.95
31/3/2010 532845 Bhagwati Banq KASHIBA FINANCE PVT LTD S 600000 66.95
31/3/2010 533108 BHILWRA TEC SHEKHAR AGARWAL B 1111972 7.52
31/3/2010 533108 BHILWRA TEC N R FINVEST PVT. LTD. S 523125 7.40
31/3/2010 533108 BHILWRA TEC AKUNTH TEXTILE PROCESSORS PVT. LTD. S 523111 7.60
31/3/2010 590061 Brushman India SRINIVAS LAXMAI AHMACHERLA B 62297 10.57
31/3/2010 590061 Brushman India SICPA INDIA LTD S 75448 10.61
31/3/2010 590076 Camson Bio SBI MF - MBAL B 260000 184.33
31/3/2010 500083 Century Extr BHARAT SHANKAR PHAPALE B 226265 11.15
31/3/2010 531358 Choice Intl SHYAMCHANDRA H SHARMA S 50000 75.36
31/3/2010 511672 Clarus Finance SHANTI KUMAR SURANA B 109698 16.17
31/3/2010 511672 Clarus Finance YORK FINANCIAL SERVICES PVT LT S 94618 16.17
31/3/2010 526141 Compact Disc JMP SECURITIES PVT LTD S 56694 77.01
31/3/2010 532751 Easun Reyrolle P F H ENTERTAINMENT LTD B 194845 93.09
31/3/2010 532751 Easun Reyrolle LOYAL APPARELS PVT LTD S 210541 93.13
31/3/2010 504351 Empower Inds KUNTAL PRATIK SHAH B 50000 4.85
31/3/2010 504351 Empower Inds MEHTA INVESTMENT B 50000 4.85
31/3/2010 504351 Empower Inds SAROJDEVI RANKA B 50000 4.85
31/3/2010 504351 Empower Inds MAHENDRAKUMAR CHAMPALAL RANKA B 50000 4.85
31/3/2010 504351 Empower Inds RAKSHITA ASHOK MEHTA S 375000 4.67
31/3/2010 504351 Empower Inds ALPESHKUMAR FAKIRCHAND AGRAWAL S 172500 4.85
31/3/2010 504351 Empower Inds SHREE BAHUBALI INTERNATIONAL LTD S 98251 4.85
31/3/2010 512369 Ennore Coke SANJAYKUMAR JAGDISHPRASAD PODDAR B 500000 79.57
31/3/2010 512369 Ennore Coke PREMIER HOUSING AND INDUSTRIAL ENTERPRISES LTD S 450000 75.09
31/3/2010 530337 Exelon Infra KAMALA KANTA GUPTA S 25000 16.07
31/3/2010 511668 Fact Enterprise EPOCH SYNTHETICS PRIVATE LIMITED B 50000 41.00
31/3/2010 511668 Fact Enterprise SAMRIDHI SHARE AND STOCK BROKER LIMITED B 50000 42.40
31/3/2010 511668 Fact Enterprise ARPIT SHARE BROKERS PRIVATE LIMITED S 100000 41.70
31/3/2010 511668 Fact Enterprise KALPESH JASUBHAI PATEL S 30560 39.79
31/3/2010 513059 GS Auto NILESH EKNATH BHOIR B 55286 45.53
31/3/2010 513059 GS Auto NILESH EKNATH BHOIR S 55287 44.67
31/3/2010 513059 GS Auto DEVPRAKASH YADAVA S 49500 43.96
31/3/2010 513059 GS Auto ASHWIN JAMNUDAS MERCHANT S 57604 45.12
31/3/2010 532770 Hanung Toys AJMERA SHARES TRADING PRIVATE LIMITED B 679281 228.78
31/3/2010 532770 Hanung Toys AJMERA SHARES TRADING PRIVATE LIMITED S 630358 227.95
31/3/2010 500206 Indocount Fin A K JAIN HUF B 200000 2.10
31/3/2010 500206 Indocount Fin INDO COUNT INDUSTRIES LIMITED S 200098 2.10
31/3/2010 523467 Jai Mata Glass SHAIL INVESTMENTS PRIVATE LIMITED B 119107 3.50
31/3/2010 523467 Jai Mata Glass KIRSHAN KUMAR S 105000 3.51
31/3/2010 505840 Jaipan Inds KAILASH RAM GOPAL CHHAPARWAL S 44609 26.36
31/3/2010 531784 Kadamb Constr SHRUTI GUPTA S 100000 51.15
31/3/2010 523810 Kaleidoscope Films NIDHI MAHENDRA SHAH B 273018 5.37
31/3/2010 523810 Kaleidoscope Films PRAKASH BI.DHEBAR HUF S 275000 5.37
31/3/2010 530255 KAY Power BAMPSL SECURITIES LTD S 54510 14.06
31/3/2010 509011 Livingroom Life ASHOK KUMAR MOHANLAL RAWAL B 11754 33.00
31/3/2010 509011 Livingroom Life VIMAL OMPRAKASH AGARWAL B 9000 33.00
31/3/2010 509011 Livingroom Life TURABALI CADERBHAI NAGREE S 17250 33.00
31/3/2010 500267 Majestic Auto Naman Securities & Finance Pvt. Ltd. B 99097 95.31
31/3/2010 502250 Marathwada Refrac ROHINI ENTERPRISES B 33000 274.71
31/3/2010 502250 Marathwada Refrac ASHOK KUMAR RUIA S 35100 274.61
31/3/2010 590111 MASTER DEVAIANH MONDI S 30201 36.02
31/3/2010 506261 Modison Metals P F H ENTERTAINMENT LTD B 609913 24.15
31/3/2010 506261 Modison Metals LOYAL APPARELS PVT LTD S 653302 24.15
31/3/2010 531287 National Plast Tec SUDERSHAN PARAKH B 129948 17.26
31/3/2010 531287 National Plast Tec JEEVI BAI S 97415 17.45
31/3/2010 504112 NELCO OPG SECURITIES P LTD B 136452 150.32
31/3/2010 504112 NELCO OPG SECURITIES P LTD S 136452 150.34
31/3/2010 532986 Niraj Cement ASHA VIJAYKUMAR CHOPRA B 103664 53.06
31/3/2010 511523 Niyati Inds VEENABEN PRAKASHBHAI SHAH S 324000 0.62
31/3/2010 506991 Noble Explochem NEETA RAVINDRA LAD S 111915 4.41
31/3/2010 532481 Noida Toll HDFC MUTUAL FUND S 1207000 33.21
31/3/2010 500311 Nuchem APV SHARES SECURITIES PRIVATE LIMITED B 500000 9.70
31/3/2010 500311 Nuchem MONEY MATTERS ADVISORY SERVICES LIMITED S 500000 9.70
31/3/2010 531496 Omkar Overseas PRAKASH CHANDRA SHETH B 25000 67.44
31/3/2010 531496 Omkar Overseas DHARMENDRA HARILAL BHOJAK B 36527 67.10
31/3/2010 531496 Omkar Overseas KARAN DIPAKBHAI SHAH B 39700 67.41
31/3/2010 531496 Omkar Overseas FALGUNIBEN MAHAVIRBHAI GOHIL S 66401 67.58
31/3/2010 531496 Omkar Overseas ARVIND KASHMIRILAL PUNJABI S 28500 67.31
31/3/2010 531496 Omkar Overseas CHMPABEN DEVJIBHAI MAKWANA S 36000 67.10
31/3/2010 512097 Oregon Comm NIMAI AGENCIES PRIVATE LIMITED B 18830 197.31
31/3/2010 512097 Oregon Comm NIMAI AGENCIES PRIVATE LIMITED S 19580 190.23
31/3/2010 524820 Panama Petro SHELI NAARIFALI RAYANI B 48356 215.17
31/3/2010 531726 Panchsheel Org NERUPAMA D SANGHRAJKA S 40000 15.35
31/3/2010 530923 Passari Cellu J V STOCK BROKING PRIVATE LIMITED B 42118 36.25
31/3/2010 530923 Passari Cellu PRIMEX LTD. B 102379 36.02
31/3/2010 530923 Passari Cellu S JAI KUMAR B 25000 36.00
31/3/2010 530923 Passari Cellu SOUTHERN CONTAINER LEASING COMPANY B 41549 36.70
31/3/2010 530923 Passari Cellu J V STOCK BROKING PRIVATE LIMITED S 42118 36.65
31/3/2010 530923 Passari Cellu CHETAN DOGRA HUF S 86669 35.95
31/3/2010 532718 Pratibha Inds PANKAJ GHISULAL RATHOD B 102765 372.83
31/3/2010 532718 Pratibha Inds AKSHITA RAVINDRA LAD S 96268 373.00
31/3/2010 590077 Ranklin Sol SHALU KAPOOR S 30452 54.89
31/3/2010 526723 RDB Inds SAINATH HERBAL CARE MARKETING P.LTD B 59000 115.76
31/3/2010 532923 Renaissance Jew APV SHARES & SECURITIES PRIVATE LIMITED B 113368 77.25
31/3/2010 532923 Renaissance Jew MONEY MATTERS ADVISORY SERVICES LIMITED S 113368 77.25
31/3/2010 512359 Rotam Comm NIMAI AGENCIES PRIVATE LIMITED S 9500 131.79
31/3/2010 500368 Ruchi Soya PACIFIC CORPORATE SERVICES LTD B 1925000 99.72
31/3/2010 500368 Ruchi Soya NAVRATAN CAPITAL & SECURITIES PVT. LTD. S 1913302 99.72
31/3/2010 531898 Sanguine Media BRIJ BALLABH CHANDAK HUF B 100000 3.01
31/3/2010 531898 Sanguine Media B B CHANDAK S 100000 3.01
31/3/2010 531569 Sanjivani Par RATNAMANI MARKETING PRIVATE LIMITED B 34115 49.37
31/3/2010 532404 Saven Tech KAMALESHWAR SINGH B 67455 7.15
31/3/2010 512289 Shirpur Gold MEHTA NEMISH JAYKISHOR B 295760 200.73
31/3/2010 512289 Shirpur Gold JMP SECURITIES PVT LTD B 235554 214.47
31/3/2010 512289 Shirpur Gold MEHTA NEMISH JAYKISHOR S 295806 199.80
31/3/2010 512289 Shirpur Gold JMP SECURITIES PVT LTD S 196034 215.63
31/3/2010 526479 SKY Inds MANJU KANWAR RATHORE S 40000 83.21
31/3/2010 505827 SNL Bearings VIPUL MANAGEMENT & CONSULTANTS PRIVATE LIMITED B 25000 38.65
31/3/2010 512413 Spectacle Inds KISHORE B CHAUHAN S 264908 105.01
31/3/2010 512413 Spectacle Inds VIVEK KISHANPAL SAMANT S 292500 105.03
31/3/2010 526500 Sterling Green JAGDISH VISHWAKARMA S 22500 14.01
31/3/2010 522087 Sulzer India FINQUEST FINANCIAL SOLUTIONS PVT. LTD. S 25600 1159.21
31/3/2010 532516 Surya Pharma CREATIVE CAPITAL SERVICES LTD S 192000 179.03
31/3/2010 533157 SYNCOM HEAL VICKY MADANMOHAN GUPTA B 200000 134.44
31/3/2010 533157 SYNCOM HEAL GENUINE STOCK BROKERS PVT. LTD. B 412891 128.93
31/3/2010 533157 SYNCOM HEAL SMART EQUITY BROKERS PRIVATE LIMITED B 198891 126.80
31/3/2010 533157 SYNCOM HEAL TRANSGLOBAL SECURITIES LTD. B 195502 130.29
31/3/2010 533157 SYNCOM HEAL AMAR KANAIYALAL CHAUHAN B 165852 131.44
31/3/2010 533157 SYNCOM HEAL A K G STOCK BROKERS PRIVATE LIMITED B 157200 129.52
31/3/2010 533157 SYNCOM HEAL AKSHAR ENTERTAINMENT PRIVATE LTD B 241157 133.45
31/3/2010 533157 SYNCOM HEAL MARWADI SHARES AND FINANCE LTD. B 170035 130.13
31/3/2010 533157 SYNCOM HEAL OPG SECURITIES P LTD B 172800 128.94
31/3/2010 533157 SYNCOM HEAL NAVEEN TAPARIA B 117149 129.74
31/3/2010 533157 SYNCOM HEAL VICKY MADANMOHAN GUPTA S 200000 130.75
31/3/2010 533157 SYNCOM HEAL GENUINE STOCK BROKERS PVT. LTD. S 412891 128.92
31/3/2010 533157 SYNCOM HEAL SMART EQUITY BROKERS PRIVATE LIMITED S 198891 126.78
31/3/2010 533157 SYNCOM HEAL TRANSGLOBAL SECURITIES LTD. S 195502 130.21
31/3/2010 533157 SYNCOM HEAL AMAR KANAIYALAL CHAUHAN S 165852 135.48
31/3/2010 533157 SYNCOM HEAL A K G STOCK BROKERS PRIVATE LIMITED S 157200 129.36
31/3/2010 533157 SYNCOM HEAL AKSHAR ENTERTAINMENT PRIVATE LTD S 241157 127.75
31/3/2010 533157 SYNCOM HEAL MARWADI SHARES AND FINANCE LTD. S 170035 130.19
31/3/2010 533157 SYNCOM HEAL OPG SECURITIES P LTD S 172800 128.89
31/3/2010 533157 SYNCOM HEAL EL DORADO BIOPTECH PVT.LTD S 125000 135.00
31/3/2010 533157 SYNCOM HEAL NAVEEN TAPARIA S 117149 131.31
31/3/2010 507205 Tilaknagar Inds AAP INVESTMENTS B 176617 132.27
31/3/2010 507205 Tilaknagar Inds AMIT ARUN DAHANUKAR S 190000 130.37
31/3/2010 507205 Tilaknagar Inds AAP INVESTMENTS S 201617 131.04
31/3/2010 517228 Trend Elect EVANS FRASER AND COMPANY (INDIA) LIMITED B 112000 47.27
31/3/2010 517228 Trend Elect ASHOK KUMAR PARMAR S 110882 47.25
31/3/2010 526921 Twentyfirst Cent Mgt TWENTY FIRST CENTURY MONEY GROWTH FUND LIMITED B 67500 27.90
31/3/2010 526921 Twentyfirst Cent Mgt ANMOL FINPRO PVT LTD S 65000 27.90
31/3/2010 532646 Uniply Inds HITESH RAMJI JAVERI B 67959 12.63
31/3/2010 532389 Valecha Engr JMP SECURITIES PVT LTD B 314251 175.63
31/3/2010 532389 Valecha Engr JMP SECURITIES PVT LTD S 211054 175.84
31/3/2010 526755 Velan Hotels NEHA B RAVAL S 56702 28.85
31/3/2010 531950 Vertex Sec PANDYAYAMINI BEN M S 36590 38.70
31/3/2010 531518 Vikas Granaries IFCI LTD. S 265650 27.51
31/3/2010 519307 Vikas WSP ARCADIA SHARE & STOCK BROKERS PVT. LTD B 749587 31.74
31/3/2010 500444 West Coast Paper LEHMAN BROTHERS ASIA LTD A/C GRA FINANCE CORPORATION LTD S 533957 59.24
31/3/2010 531396 Women Networks SANJU KABRA B 43176 26.21
31/3/2010 531396 Women Networks JAI HIND MARMO PVT. LTD. S 20000 26.65
31/3/2010 531396 Women Networks KREPTON TRADERS PVT. LTD. S 22500 26.58
* B - Buy, S - Sell
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
31-MAR-2010,AMRUTANJAN,Amrutajan Health Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,BUY,16429,1005.24,-
31-MAR-2010,AMRUTANJAN,Amrutajan Health Ltd,BP FINTRADE PRIVATE LIMITED,BUY,17964,1016.01,-
31-MAR-2010,AMRUTANJAN,Amrutajan Health Ltd,MANIPUT INVESTMENTS PVT. LTD.,BUY,16461,1011.86,-
31-MAR-2010,CRANESSOFT,Cranes Software Internati,PASHUPATI CAPITAL SERVICES PVT. LTD.,BUY,794875,16.37,-
31-MAR-2010,CREATIVEYE,Creative Eye Ltd.,PATEL PRAGNESH JAGDISHBHAI,BUY,148362,10.00,-
31-MAR-2010,ESSDEE,Ess Dee Aluminium Limited,Bharat Patel,BUY,178304,404.50,-
31-MAR-2010,GLORY,Glory Polyfilms Limited,HANURANG VINIMAY PVT LTD,BUY,202340,24.45,-
31-MAR-2010,HANUNG,Hanung Toys and Textiles,AJMERA SHARES TRADING PVT LTD,BUY,687356,227.46,-
31-MAR-2010,HANUNG,Hanung Toys and Textiles,GENUINE STOCK BROKERS PVT LTD,BUY,164398,227.70,-
31-MAR-2010,HANUNG,Hanung Toys and Textiles,MANSUKH SECURITIES & FINANCE LIMITED,BUY,142036,225.18,-
31-MAR-2010,KIRIDYES,Kiri Dyes and Chemicals L,VICKY RAJESH JHAVERI ,BUY,75000,700.00,-
31-MAR-2010,MARG,Marg Limited,VECTOR FINANCIAL & MANAGEMENT CONSULTANT,BUY,165000,180.10,-
31-MAR-2010,NELCO,Nelco Ltd.,MANISH VRAJLAL SARVAIYA,BUY,246870,149.78,-
31-MAR-2010,NOIDATOLL,Noida Toll Bridge Company,MACQUARIE BANK LIMITED,BUY,979380,33.33,-
31-MAR-2010,NUCHEM,Nuchem Ltd,APV SHARES & SECURITIES PRIVATE LIMITED,BUY,650000,9.66,-
31-MAR-2010,PRATIBHA,Pratibha Industries Limit,PRADEEP G RATHOD,BUY,104902,372.75,-
31-MAR-2010,PSTL,Pyramid Saimira Theatre L,VIJIT SHARES AND COMMODITIES PVT.LTD.,BUY,128109,17.03,-
31-MAR-2010,RUCHISOYA,Ruchi Soya Inds Ltd.,PACIFIC CORPORATE SERVICES LTD,BUY,1075000,98.85,-
31-MAR-2010,SEJALGLASS,Sejal Architectural Glass,KHAKHKHAR BHAVISH DHIRAJLAL,BUY,159680,76.74,-
31-MAR-2010,SEJALGLASS,Sejal Architectural Glass,SWATI ATUL REGE,BUY,200000,77.86,-
31-MAR-2010,SPECTACLE,Spectacle Industries Ltd,VIVEK KISHANPAL SAMANT,BUY,275000,105.11,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,BUY,154856,129.31,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,AKSHAR ENTERTAINMENT PVT. LTD,BUY,271075,134.88,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,AMAR KANAIYALAL CHAUHAN,BUY,185331,131.53,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,AUM SECURITIES PRIVATE LTD.,BUY,74776,134.65,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,95872,128.65,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,GENUINE STOCK BROKERS PVT LTD,BUY,644629,129.06,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,MANIPUT INVESTMENTS PVT. LTD.,BUY,105671,125.55,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,MARWADI SHARES AND FINANCE LIMITED,BUY,225894,129.22,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,OM INVESTMENTS,BUY,131164,126.20,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,TRANSGLOBAL SECURITIES LTD.,BUY,222658,130.02,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,VICKY M GUPTA,BUY,356265,129.57,-
31-MAR-2010,VAKRANSOFT,Vakrangee Softwares Limit,MANISH VRAJLAL SARVAIYA,BUY,167227,104.05,-
31-MAR-2010,VALECHAENG,Valecha Engineering Limit,JMP SECURITIES PVT LTD,BUY,265059,175.32,-
31-MAR-2010,WEBELSOLAR,Websol Energy Systems Ltd,VINCENT COMMERCIAL CO. LTD.,BUY,156154,124.05,-
31-MAR-2010,AMRUTANJAN,Amrutajan Health Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,SELL,16429,1006.07,-
31-MAR-2010,AMRUTANJAN,Amrutajan Health Ltd,BP FINTRADE PRIVATE LIMITED,SELL,17964,1017.54,-
31-MAR-2010,AMRUTANJAN,Amrutajan Health Ltd,MANIPUT INVESTMENTS PVT. LTD.,SELL,16461,1014.19,-
31-MAR-2010,BLUEBIRD,Blue Bird (India) Limited,KARVY FINANCIAL SERVICES LIMITED,SELL,262438,15.20,-
31-MAR-2010,CRANESSOFT,Cranes Software Internati,PASHUPATI CAPITAL SERVICES PVT. LTD.,SELL,787875,16.43,-
31-MAR-2010,CREATIVEYE,Creative Eye Ltd.,PATEL PRAGNESH JAGDISHBHAI,SELL,146519,9.95,-
31-MAR-2010,DLINKINDIA,D-Link India Ltd,Gandiv Investment Pvt Ltd,SELL,377000,20.51,-
31-MAR-2010,ESSDEE,Ess Dee Aluminium Limited,Bharat Patel,SELL,183,405.02,-
31-MAR-2010,ESSDEE,Ess Dee Aluminium Limited,FIDELITY MULTITRADE PVT. LTD.,SELL,210000,404.62,-
31-MAR-2010,GLORY,Glory Polyfilms Limited,HANURANG VINIMAY PVT LTD,SELL,3990,24.07,-
31-MAR-2010,HANUNG,Hanung Toys and Textiles,AJMERA SHARES TRADING PVT LTD,SELL,622807,228.16,-
31-MAR-2010,HANUNG,Hanung Toys and Textiles,GENUINE STOCK BROKERS PVT LTD,SELL,164398,227.73,-
31-MAR-2010,HANUNG,Hanung Toys and Textiles,MANSUKH SECURITIES & FINANCE LIMITED,SELL,172036,225.56,-
31-MAR-2010,KIRIDYES,Kiri Dyes and Chemicals L,VICKY RAJESH JHAVERI ,SELL,75000,729.00,-
31-MAR-2010,MARG,Marg Limited,PVT LTD PASHA FINANCE,SELL,165000,180.10,-
31-MAR-2010,NELCO,Nelco Ltd.,MANISH VRAJLAL SARVAIYA,SELL,246870,150.18,-
31-MAR-2010,NOIDATOLL,Noida Toll Bridge Company,HDFC MUTUAL FUND,SELL,2700000,33.26,-
31-MAR-2010,NUCHEM,Nuchem Ltd,MONEY MATTERS ADVISORY SERVICES LTD ,SELL,652112,9.66,-
31-MAR-2010,PRATIBHA,Pratibha Industries Limit,PRITI RAVINDRA LAD,SELL,100000,372.85,-
31-MAR-2010,PSTL,Pyramid Saimira Theatre L,VIJIT SHARES AND COMMODITIES PVT.LTD.,SELL,146409,16.97,-
31-MAR-2010,RUCHISOYA,Ruchi Soya Inds Ltd.,ANAND RATHI SHARE AND STOCK BROKERS LTD,SELL,1075000,98.85,-
31-MAR-2010,SADBHAV,Sadbhav Engineering Limit,GAMMON INDIA LIMITED,SELL,90000,1295.56,-
31-MAR-2010,SEJALGLASS,Sejal Architectural Glass,KHAKHKHAR BHAVISH DHIRAJLAL,SELL,159680,76.72,-
31-MAR-2010,SPECTACLE,Spectacle Industries Ltd,VIVEK KISHANPAL SAMANT,SELL,150000,105.08,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,SELL,154856,129.69,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,AKSHAR ENTERTAINMENT PVT. LTD,SELL,271075,132.45,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,AMAR KANAIYALAL CHAUHAN,SELL,185331,135.44,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,AUM SECURITIES PRIVATE LTD.,SELL,99776,128.47,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,SELL,95872,128.75,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,ELDORADO BIOTECH PVT LTD,SELL,125000,135.00,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,GENUINE STOCK BROKERS PVT LTD,SELL,644629,129.12,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,MANIPUT INVESTMENTS PVT. LTD.,SELL,105671,125.71,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,MARWADI SHARES AND FINANCE LIMITED,SELL,225894,129.29,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,OM INVESTMENTS,SELL,131164,126.27,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,TRANSGLOBAL SECURITIES LTD.,SELL,222661,130.23,-
31-MAR-2010,SYNCOM,Syncom Healthcare Ltd,VICKY M GUPTA,SELL,356265,126.52,-
31-MAR-2010,VAKRANSOFT,Vakrangee Softwares Limit,MANISH VRAJLAL SARVAIYA,SELL,167227,104.49,-
31-MAR-2010,VALECHAENG,Valecha Engineering Limit,JMP SECURITIES PVT LTD,SELL,258359,175.60,-
31-MAR-2010,WEBELSOLAR,Websol Energy Systems Ltd,CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED,SELL,162500,124.05,-
31-MAR-2010,WEBELSOLAR,Websol Energy Systems Ltd,VINCENT COMMERCIAL CO. LTD.,SELL,8,124.50,-
Where monetary tightening by the Reserve Bank of India’s (RBI hiking the repo and reverse repo by 25 basis points each) and deepening crises in Euro zone — Greece’s debt problems and Fitch Ratings downgrading Portugal's sovereign credit outlook— had a sobering effect on the market in the month, there were panoply of positives that the market can rejoice on. And the long list included — the surge in manufacturing and services activity in February, rise in exports for the third month straight in January 2010, record auto sales, strong index of industrial production (IIP) reading for January (16.7% year-on-year growth) combined with encouraging Q4FY 2010 advanced tax payouts by the top Indian corporates, food inflation contained at its four-month low (16.3% year on year) and Standard & Poor’s upgrading India’s outlook from ‘negative’ to ‘stable’.
In the month the Sensex swung 1,355 points while Nifty moved 394 points. Sensex and Nifty touched their two-year high of 17793 and 5329 respectively. The BSE bellwether ended the month 1,098 points (6.27%) higher at 17528 and the NSE benchmark posted gains of 327 points (or 6.64%) to close at 5249.
Of the 13 sector indices on the BSE all posted gains except BSE PSU that ended 1.91% lower. With the global economy looking up, commodities were the first to gain. This saw BSE Metal post the highest gains (up 9.58%). BSE Bankex (up 8.48%) was at second spot and Indian pharmaceutical and device makers set to benefit from the passage of US Healthcare Reform bill led BSE Health Care (up 8.45%) occupy the third spot.
As mad as a March hare stocks were Sintex Industries (up 23.76%), Chennai Petroleum (higher 20.33%) and Gujarat NRE Coke (20.15% up). The stocks that received max bashing for the month were public sector utilities NMDC (down 31.86%) and Rashtriya Chemicals and Fertilisers (slid 14.33%) and sugar major Balrampur Chini (12.48% lower).
Foreign institutional investors (FIIs) were the net buyers all through March, buying stocks worth Rs19,087 crore, whereas domestic institutional investors (DIIs) were the net sellers shedding Rs3,325 crore worth of shares in the month.
The coming months will see Domestic indices witness lot of volatility on Q4 earnings and guidance, auto sales numbers, cements production figures, export numbers, IIP numbers and inflation figures. However, most anticipated event for the month — RBI’s quarterly monetary policy review scheduled on April 20, 2010 — along with global signals will play instrumental role in deciding the market’s course.
Tata Motors April 2010 futures at discount
Nifty April 2010 futures were at 5,263.95, at a premium of 14.85 points over spot closing of 5,249.10. Turnover in NSE's futures & options (F&O) segment rose to Rs 66,792.46 crore from Rs 60,233.04 crore on Tuesday, 30 March 2010.
ICICI Bank April 2010 futures were at premium at 957 compared to the spot closing of 955.
Tata Steel April 2010 futures were near spot price at 632.10 compared to the spot closing of 632.25.
Tata Motors April 2010 futures were at discount at 747.20 compared to the spot closing of 755.50.
In the cash market, the S&P CNX Nifty fell 13.35 points or 0.25% at 5,249.10.
The key benchmark indices edged lower on the last day of the financial year 2010, extending losses for the second straight day as Asian stocks and US index futures fell. Nevertheless, the market logged huge gains in the year ended March 2010 (FY 2010). The BSE 30-share Sensex fell 62.40 points or 0.35%, off close to 170 points from the day's high and up close to 40 points from the day's low. The Sensex rose 62.96 points or 0.36% in the quarter ended March 2010, gaining for the fifth quarter in a row. The barometer index vaulted 7,819.27 points or 80.5% in FY 2010.
In today's trade, FMCG and IT stocks fell. Index heavyweight Reliance Industries (RIL), too, edged lower. But the market breadth, indicating the overall health of the market was positive.
The market was volatile on the last day of the fourth quarter and the financial year. Stocks surged in early trade, shrugging off weak Asian stocks. The market pared gains in morning trade. Stocks slipped into the red in mid-morning trade. The market came off the day's low in early afternoon trade. The market regained positive zone in afternoon trade as European stocks edged higher. The market once again slipped into the red in mid-afternoon trade. The market cut losses after hitting a fresh intraday low.
NSE's volatility index, India VIX, rose 0.35% to 19.87. The index had risen sharply in the preceding three trading sessions. India VIX is a measure of the market's expectation of volatility over the next 30 calendar days. The lower the index, which is based the S&P CNX Nifty option prices, the higher the market's desire to take risk.
Industrial output in February is expected to have grown 16% year-on-year, Industry Secretary said on Wednesday. The output in January grew an annual 16.7%.
Foreign direct investment rose 15.4% to $1.72 billion in February 2010 over February 2009, government said today.
Exports in February grew 34.8% on year to $16.09 billion, Trade Minister Anand Sharma said on Wednesday. Exports are expected to grow 15-20% in the year that starts on 1 April 2010, Sharma said
Foreign institutional investors have made heavy purchases of Indian stocks in the past few weeks helping stocks register strong gains this month. The Sensex had jumped 1,457.15 points or 8.96% to a 2-year closing high of 17711.35 on Monday, 29 March 2010, from a low of 16,254.20 on 25 February 2010. As per data from the stock exchanges, foreign institutional investors (FIIs) bought stocks worth a net Rs 14,358.81 crore this month, till 30 March 2010. Finance secretary Ashok Chawla said on Tuesday, 23 March 2010, that foreign capital flows into India are currently not posing any concern.
Meanwhile, stock brokers have advised investors not to sell shares bought today, 31 March 2010, the next day i.e. on Thursday, 1 April 2010, due to clubbing of settlement by the stock exchanges. There will be no settlement of shares/funds on 1 April 2010 due to annual closing of books of accounts of commercial banks. The current financial year ends today, 31 March 2010.
Traders may refrain from building large positions ahead of a long weekend. The stock market remains closed on Friday, 2 April 2010, on account of Good Friday.
Encouraging Q4 March 2010 advance tax figures of top Indian firms, indicating good Q4 March 2010 results, boosted Indian equities over the past few days. The market also witnessed a strong post-Budget rally driven by sustained buying by foreign funds since the presentation of the Union Budget 2010-2011 on 26 February 2010. Global credit rating agency Standard & Poor's recently revised the outlook on India to stable from negative due to improved government finances.
The stock market gave a thumbs up to the Union Budget 2010-2011 due to its thrust on infrastructure development, government's pledge to reduce fiscal deficit over the next three years, a smaller-than-expected 2% hike in excise duties, and reduction in taxes for individuals which will boost disposable income. The Finance Minister has assumed GDP growth of about 8% and inflation of about 4.5% for 2010-2011.
The forecast for the southwest monsoon for 2010 is the next major trigger for the market. Good rains this year after last year's drought will boost farm output and rural incomes. But another monsoon failure will add to inflationary pressure which in turn may hamper the current strong economic rebound.
Tokyo-based Research Institute for Global Change has predicted normal monsoon rains in India for the current year. Agriculture secretary Prabeer Kumar Basu had also told media in Delhi last week that the monsoon rains for the year will be normal. The Indian Meteorological Department (IMD) issues a monsoon forecast, usually in the second half of April after considering weather observations in different parts of the world and extrapolating statistical data.
A weakening El Nino is a positive sign for the monsoon, Ajit Tyagi, director general at the India Meteorological Department, said on 18 March 2010. The cyclical heating of the Pacific Ocean known as El Nino will continue to fade, US forecasters said this month. The weather event, which occurs every four to seven years, brings more rain to South America and less precipitation to Asia.
The headline inflation was near 10% in February, prompting the RBI to unexpectedly raise its key lending and borrowing rates by 25 basis points each on 19 March 2020. The Reserve Bank has said it is imperative to anchor inflationary expectations and analysts have forecast another rate hike during the policy review on 20 April 2010.
The government will sell 63% of its bond issuance for the new fiscal year in the first half, slightly less than expected, giving a near-term respite to satiated bondholders and helping send yields sharply lower. The government on Monday said it will sell Rs 2.87 lakh crore ($64 billion) of bonds in the first half of 2010/11, which starts on 1 April 2010. The bulk of the government's first-half borrowing, or Rs 2 lakh crore, will be in the 10-year and longer segment.
European stocks were slightly higher on Wednesday, as steady oil prices boosted energy stocks, eclipsing a dip in heavyweight mining shares. The key benchmark indices in France, Germany rose by between 0.03% to 0.12%. But, UK's FTSE100 fell 0.02%,
Germany's jobless total fell by a seasonally-adjusted 31,000 in March, the Federal Labor Office reported Wednesday. On an unadjusted basis, the total fell by 75,000 to 3.568 million. Economists had expected the adjusted figure to rise by around 10,000.
Most Asian stocks declined on Wednesday amid concerns a rally that took the MSCI Asia Pacific Index to a 10- week high yesterday had overvalued earnings prospects. The key benchmark indices in China, Taiwan, Indonesia, Hong Kong, Japan South Korea and Singapore were down by between 0.06% to 1.57%.
Trading in US index futures indicated that the Dow could fall 15 points at the opening bell on Wednesday, 31 March 2010.
US stocks rose in a slow session on Tuesday on data showing more stabilization in the economy, while Apple Inc rallied on a report that it was developing a new iPhone. The Dow Jones Industrial Average rose 11.56 points, or 0.11%, to end at 10,907.42. The Nasdaq Composite Index gained 6.33 points, or 0.26%, to close at 2,410.69. The Standard & Poor's 500 Index was flat at 1,173.27.
The economic news in US was positive. US consumers gained confidence in March as the gloom over job prospects began to lift, indicating employment will be central to preserving the recent acceleration in spending. The Conference Board's confidence index rose to 52.5, exceeding the median forecast.
Home prices unexpectedly rose in January for an eighth month, another data showed. Home prices in 20 US cities rose 0.3% in January, indicating the housing market is stabilizing as the economy expands. The S&P/Case-Shiller home-price index climbed from the prior month on a seasonally adjusted basis after a similar gain in December.
The ADP Employment report for March 2010, due later in the global day today is likely to be keenly eyed ahead of the all-important US March non-farm payrolls numbers to be released on Friday, 2 April 2010. The ADP report is expected to show the private sector created 40,000 jobs in March as the world's largest economy emerges from recession. The government's non-farms payroll data is expected to show that the US economy added some 200,000-odd jobs in March, the largest gain since the recession.
Key Group of 20 leaders and the International Monetary Fund urged governments on Tuesday to redouble efforts in tightening up financial rules as some countries lag in curbing bank pay.
Closer home, the BSE 30-share Sensex fell 62.40 points or 0.35% to 17,527.77. The barometer fell 101.62 points at the day's low of 17,488.55 in late trade. At the day's high of 17699.50, the Sensex rose 109.33 points in early trade.
The S&P CNX Nifty was down 13.35 points or 0.25% to 5,249.10.
The BSE Mid-Cap index rose 0.25% and the BSE Small-Cap index rose 0.49%. Both the indices outperformed the Sensex.
Most sectoral indices on BSE edged lower. The BSE HealthCare index (up 0.74%), Power index (up 0.29%), PSU index (up 0.21%), Auto index (up 0.15%), Realty index (up 0.08%), Metal index (down 0.03%), Bankex (down 0.11%), outperformed the Sensex.
The BSE FMCG index (down 1.36%), BSE IT index (down 1.18%), BSE Teck index (down 0.76%), Consumer Durables index (down 0.64%), Oil & Gas index (down 0.49%), Capital Goods index (down 0.4%), underperformed the Sensex.
The market breadth, indicating overall health of the market was strong. On BSE, 1578 shares advanced as compared with 1188 that declined. A total of 106 shares remained unchanged.
BSE clocked a turnover of Rs 3855 crore, lower than Rs 4638.33 crore on Tuesday, 30 March 2010.
From the 30 Sensex shares, 13 stocks rose and the rest fell.
Index heavyweight Reliance Industries (RIL) fell 1.21% to Rs 1074.65, on profit taking after recent strong gains. The stock was volatile. It hit a high of Rs 1094 and a low of Rs 1072.50. As per the market buzz, RIL's Q4 advance tax surged to Rs 770 crore in Q4 March 2010 from Rs 365 crore a year ago. Reliance Industries on 14 March 2010 announced a sports and entertainment joint venture with IMG Worldwide, a global leader in sports marketing and management. The equal venture, IMG Reliance, will set up modern infrastructure and coaching facilities for sports and create and operate sports and entertainment assets including celebrity management.
PSU OMCs fell on higher crude oil prices. Indian Oil Corporation and BPCL fell by between 0.96% to 1.2%. But, HPCL rose 0.49%. Sudhir Bhargava, additional secretary in the oil ministry said the government will raise the prices of petrol by 1.1% from Thursday in major cities that will migrate to Euro IV-compliant fuel, to help oil firms recover investment made for plant upgrade. Diesel price in leading cities including Mumbai would be hiked by Rs 0.26 a litre, while in Delhi it will rise by more than Rs 2 because of taxes.
IT stocks extended recent losses triggered by a recent rally of the rupee against the dollar. India's largest software services exporter by sales Tata Consultancy Services (TCS) fell 2.49%, extending preceding three days' losses. The company said recently it signed a five year contract with Malaysia Airlines for providing end-to-end information technology infrastructure services.
India's second largest software services exporter by sales Infosys fell 1.09%, extending preceding three days' losses . Infosys' fourth quarter advance tax payment doubled. Its ADR fell 0.95% on Tuesday. But, India's third largest software services exporter by sales Wipro rose 0.63%. Its ADR rose 0.3% on Tuesday.
The rupee was wedged in a tight band on Wednesday as demand for the US unit from oil refiners. The partially convertible rupee was at 44.95/96 per dollar, higher than 45.08/09 at close on Tuesday when it high 44.88 during trade, its strongest since 10 September 2008. A firm rupee adversely affects operating profit margin of IT firms as the sector derives a lion's share of revenue from exports.
India's largest FMCG maker by sales Hindustan Unilever fell 0.85% on profit taking after gaining in the preceding two days after the company sold remaining 49% in Capgemini Business Services (India) to Cap Gemini S.A.
Among other FMCG stocks, Marico, United Spirits Dabur India Tata Tea, Nestle India fell by between 0.18% to 1.57%.
India's largest cigarette maker by sales ITC fell 2.14%. The $6-billion cigarettes-to-hotels conglomerate has teamed up with La Aurora, one of the oldest cigar makers run by the Leon Jimenes family of Santiago in the Dominican Republic, to unveil a mint-fresh line of premium handrolled cigars.
Rate sensitive realty shares rose on bargain hunting after a recent fall triggered by worries higher interest rate on housing loans may crimp demand. Phoenix Mills, DLF, Omaxe, Sobha Developers, Omaxe, Unitech, rose by between 0.01% to 1.51%.
Meanwhile, the introduction of the contentious service tax on apartments that are still under construction in the Union Budget 2010-2011 may reportedly put pressure on property prices.
Auto stocks fell on profit taking after the recent surge. India's largest tractor maker by sales Mahindra & Mahindra (M&M) fell 0.79%. The company's board has approved demerger of the agri inputs business along with other common assets and liabilities of Mahindra Shubhlabh Services (MSSL), a subsidiary of the company into M&M. Meanwhile, M&M paid Rs 236 crore in advance tax in Q4 March 2010 versus nil payment a year earlier.
India's largest bike maker by sales Hero Honda Motors fell 1.23%. The company's board at a meeting held on Tuesday, 30 March 2010, declared a silver jubilee special dividend of Rs 80 per share.
India's largest commercial vehicle maker by sales Tata Motors fell 0.08% after company said that it has successfully completed its bond conversion and successfully extinguished debt worth $ 345-million at current exchange rates. Tata Motors had earlier offered bondholders an option to convert their bonds into ordinary shares during the 23 March to 29 March 2010 period. The Tata Motors ADR rose 4.4% on Tuesday.
The Tata Motors stock had risen 2.25% on Tuesday on BSE after the company sold a 20% stake in Telco Construction Equipment Company to Japan's Hitachi Construction Machinery Company for a consideration of Rs 1159 crore. Telcon supplies a wide range of construction equipment such as excavators, mining shovels and dumpers to the construction and earth-moving sector.
But, India's largest car maker by sales Maruti Suzuki India rose 0.51%, on bargain hunting after a recent slide triggered by fears increase in competition may dent sales. Recently, Ford India entered the small car market with 'Figo'.
Bajaj Auto rose 1.51%. The company said recently it is targeting sales of 40 lakh vehicles in the year ending March 2011. The company sold 25.78 lakh vehicles in the first eleven months of the current fiscal year ending March 2010.
Increase in raw material prices coupled with costs associated with new emission norms could force auto makers to increase prices further, which may hit volumes. The government raised excise duties on large cars and sport utility vehicles by 2%, which was immediately passed on by vehicles makers, including top carmaker Maruti Suzuki and utility vehicle makers Mahindra & Mahindra and Tata Motors. From 1 April 2010, all vehicles will have to comply with Euro IV emission norms across 13 major cities, adding to costs and setting the stage for another round of price hikes.
India's largest mobile services provider by sales Bharti Airtel rose 0.31% after company clinched a deal on Tuesday to buy most of the African operations of Kuwait's Zain for $9 billion, making it the No.2 cellular company on the African continent and setting India's biggest carrier a tough financial and management challenge. The two companies, which entered exclusive talks in mid-February, signed a legally binding definitive agreement in Amsterdam, where Zain's Africa subsidiary is based.
India's largest drugmaker by sales Ranbaxy Laboratories fell 0.21% after falling 0.99% on Tuesday on reports Daiichi Sankyo plans to delist Ranbaxy Laboratories. The Japanese drugmaker owns 64% in Ranbaxy. The report said the third-largest Japanese drugmaker was working on the buyback price to gain full control of Ranbaxy and integrate the Indian firm with itself. Daiichi had bought a majority stake in Ranbaxy in 2008 to diversify its operations into generic drugs and emerging markets.
Among other pharma stocks, Sun Pharmaceutical Industries, Lupin Pfizer, Cipla, Wockhardt, Sterling Biotech rose by between 0.09% to 1.83%.
Metal stocks fell on profit taking after recent gains. Hindalco Industries, JSW Steel, Hindustan Zinc, Gujarat NRE Coke, Jindal Saw, NMDC fell by between 0.17% to 4.8%.
India's largest steel maker by sales Tata Steel fell 0.37%, extending Tuesday's 1.14% losses. The company reportedly plans to tap the global depository receipt (GDR) market for raising at least $500 million (Rs 2,300 crore). The money is to be raised within the next two quarters, to capitalise the balance sheet, report said. Tata Steel's Q4 advance tax payment rose to Rs 513 crore from Rs 406 crore a year earlier.
Rate sensitive banking stocks fell on profit taking after recent strong gains. India's largest bank by net profit and branch network State Bank of India (SBI) fell 0.15%, falling for the second straight day.
India's largest private sector bank by net profit ICICI Bank fell 0.77%. Its ADR rose 1.19% on Tuesday. The bank's Q4 advance tax payment surged to Rs 350 crore versus Rs 250 crore a year ago. But, India's largest private sector bank by net profit HDFC Bank rose 1.37%. Its ADR fell 1.27% on Tuesday.
India's largest mortgage lender, Housing Development Finance Corporation (HDFC) rose 2.85%. As per recent reports the company plans to rejig its investments in unlisted companies to capture their value. It will transfer shares of select securities to a special purpose vehicle (SPV) and bring in strategic investors in the SPV. HDFC has investments in companies such as Lafarge, Chalet Hotels, IL&FS , IL&FS Education, National Stock Exchange (NSE), L&T Urban Infrastructure and Maruti Countrywide, which it does not consider as strategic to its business.
India's largest engineering and construction firm by sales, L&T, fell 0.8%, falling for the second straight day on profit taking. The company announced today it bagged orders worth Rs 1017 crore. The company said on Tuesday it bagged orders worth Rs 1126 crore for metallurgical, material handling & water sector projects.
Cement stocks rose on reports cement prices are likely to increase by up to Rs 7 per bag on Thursday. UltraTech Cement, India Cements and Ambuja Cements rose by between 0.46% to 1.29%.
Cals Refineries clocked the highest volume of 1.84 crore shares on BSE. Birla Power Solutions (1.23 crore shares), Syncom HealthCare (0.61 crore shares), NHPC (0.55 crore shares) and Bellary Steels (0.52 crore shares) were the other volume toppers in that order.
Hanung Toys clocked the highest turnover of Rs 86.68 crore on BSE. Sesa Goa (Rs 75.38 crore), Reliance Industries (Rs 73.69 crore), Syncom HealthCare (Rs 73.48 crore) and IL & FS Transportation (Rs 67.19 crore) were the other turnover toppers in that order.
Bharti Airtel closes deal to acquire most of African assets of Kuwait’s Zain Telecom. (ET)
Government intends to review the allocation of gas produced from Reliance Industries’ KG-D6 field. (BL)
NMDC plans to increase iron ore prices by 70% for both domestic and export markets. (BS)
Hero Honda declared an interim dividend of Rs80 per share. (ET)
Hero Honda is looking to set up a Rs20bn manufacturing plant in Himachal Pradesh. (BS)
ITC has tied up with La Aurora to sell a mint based cigar in India. (ET)
Tata Motors sells 20% stake in Telcon to its JV partner Hitachi for a sum of Rs11.6bn. (ET)
Tata Motors reduced its debt by Rs15bn as a large section of its bond holders opted for conversion of bonds into share before maturity. (ET)
M&M is merging its two tractor JVs in China into a single entity. (BL)
GAIL has commenced supply of 0.33mmscmd of gas to Maruti’s Manesar plant. (BL)
Bank of Baroda raised US$350mn by way of 5.5 years senior unsecured bonds. (ET)
Crompton Greaves acquired a UK based company Power Technology Solutions for Rs2.04bn. (BS)
Jet Airways deposited Rs1.37bn in the Bombay High Court in relation with Sahara case. (ET)
Omaxe Ltd to raise Rs8bn through QIP. (BS)
JSL raised Rs2.5bn via sale of shares to qualified institutional buyers. (ET)
Pyramids Saimira to sell all businesses and investments to pay up Rs5.8bn high cost debt. (FE)
Bridgestone a Japanese Tyre major to invest Rs26bn at Chakan in Maharashtra. (BS)
Retail investors could be offer up to 10% discount on the issue price for future government disinvestments. (BS)
Rupee touched a 19-month high to 44.97 against the dollar. (BS)
Service tax on railway freight deferred by 3 months to July 1, 2010. (BS)
The telecom ministry has cleared all nine telecom companies to participate in 3G auction scheduled to commence on April 9. (ET)
Implementation of number portability has been postponed by three months to June 30. (ET)
RBI has released guidelines on how banks must classify capital in their balance sheets to ensure uniformity in reporting. (ET)
Cement prices are likely to increase by Rs7 from tomorrow. (ET)
For the majority, the past is a regret, the future an experiment – Mark Twain.
Looks like we could someday unravel the secret behind the way our planet earth was born following some success of the Large Hadron Collider. Some may have regrets for failing to perform in line with the indices, but, as far as markets are concerned, it’s not the time to experiment. In short, no ‘Big Bang’ movements are in the offing today going by the subdued mood in global markets.
We expect a flat to slightly positive opening. On the whole, the trend will remain lackluster till the first batch of earnings start kicking in. Though the small-cap and mid-cap counters may remain abuzz one should resist the temptation of buying into illiquid, fundamentally weak stocks. Thursday heralds a new fiscal year. Having completed “year-end” commitments, it will be time to do proper due diligence of your portfolio.
A cooling was due for some time now. Once the key indices touched new 52-week highs it was only a matter of time. Interestingly, the market breadth, which had been negative for a few sessions, turned in favour of the bulls.
Indian markets snapped a four-day winning streak on Tuesday after the NSE Nifty slipped 40 points to end below the 5300 mark. Profit booking was seen in IT heavyweights like Infosys, TCS and Wipro as the rupee continued to appreciate hitting its 52-week high of Rs44.88 against the US dollar. The Oil & Gas major Reliance Industries, a pillar in the recent rally, which took the main indices to 52-week highs, also witnessed some offloading towards the end. In addition, banking heavyweights HDFC Bank and SBI were among the other major laggards.
Till Monday, the situation appeared to be quite under control with the NSE Nifty and BSE Sensex closing at 52-week highs. Bulls succumbed to supply pressure as technically stocks looked to be in an overbought zone. What was surprising was that, market breadth for the first time ended in favour of the bulls, out of total 2883 stocks on the BSE, 1,690 advanced against 1,099 declines while 94 stocks remained unchanged.
Finally, the BSE Sensex slipped 121 points to end at 17,590 and NSE Nifty lost 40 points to close at 5,262.
In Asia, the Nikkei in Japan ended higher by 1%, Australia's S&P/ASX also ended higher by 0.4%. Shanghai SE Composite rose 0.2% and Hang Seng index in Hong Kong was up 0.7%.
In Europe, stocks were trading flat. The DAX in Germany was flat, the CAC 40 index in France was up 0.2% and the FTSE in the UK was flat.
Tata Motors, Hitachi Construction Machinery Co. Ltd. (Hitachi) and Telco Construction Equipment Company Limited (Telcon), a 60:40 joint venture company between Tata Motors and Hitachi, signed an agreement under which Tata Motors has sold a further 20% stake in Telcon in favour of Hitachi for a consideration of Rs11.59bn.
Consequently Telcon will be owned 60% by Hitachi and 40% by Tata Motors.
Standard Chartered Bank and AZB Partners acted as Financial and Legal Advisors respectively for the company to this transaction.
Shares of Tata Motors ended higher by 2.2% at Rs756. The scrip opened at Rs746 it touched an intra-day high of Rs760 and a low of Rs742 and recorded volumes of over 0.73mn shares on BSE.
Shares of LIC Housing Finance fell by 2.8% to Rs861 after the company clarified that it has not made any application to the Reserve Bank of India (RBI) for a banking licence. The appropriate decision in this regard will be taken only after the RBI notifies the guidelines for issuing banking licence, LIC Housing said. LIC Housing said that it does not know the source of a newspaper report stating that the company may get a banking licence from the RBI.
Shares of Hero Honda slipped by 2% to end at Rs1966. The company declared a Silver Jubilee Special Dividend @ 4000% i.e. Rs80/- per equity share of Rs2/- each.
Daiichi Sankyo is reportedly planning to delist Ranbaxy Labs from the Indian stock exchanges in 4 months. Shares of Ranbaxy shot up to an intra-day high of Rs490 post the news. However, it finally settled at Rs476 losing 1%.
According to reports, Daiichi Sankyo which owns 64% of Ranbaxy is finalizing the modalities for the delisting as it may help the Daiichi to fully integrate the Indian drugmaker with itself.
However, Daiichi Sankyo has denied reports that it will delist Ranbaxy in the next 4 months. Ranbaxy will remain listed in India, said Michiko Igarashi, a spokeswoman for Daiichi Sankyo.
Shares of Supreme Infrastructure advanced by over 1.4% to end at Rs180 after it bagged new order worth Rs442.2mn from Executive Engineer, Construction Division No. 2, PWD B & R Br of Kapurthala for Construction of Judicial Court Complex at Kapurthala over a span of 24 months.
Shares of Pyramid Saimira were locked at 10% upper circuit to end at Rs15.45 after the company announced that the board of directors of the company has approved to sell its film exhibition operations and also Company’s investments in the subsidiaries.
Prices slip as dollar firms up
Precious metal prices ended lower on Tuesday, 30 March 2010. Prices slipped as the dollar firmed up today.
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 and also vice versa.
On Tuesday, gold for April delivery ended at $1,105.7 an ounce, lower by $5.8 (0.5%) an ounce on the New York Mercantile Exchange. Last week, gold ended marginally lower by 0.2%. In FY 2010, gold touched a high of $1,154 in January.
On Tuesday, May Comex silver futures ended lower by 6 cents (0.3%) at $17.33 an ounce. Last week, silver ended lower by 0.7%.
In the currency market on Tuesday, the dollar index, which measures the strength of the dollar against basket of six other currencies rose by 0.2%. But the British pound continues to outperform the buck. Strength in the British pound comes amid news that Britain's fourth quarter GDP was upwardly revised to reflect a 0.4% increase.
In a report released yesterday, the World Gold Council said that demand for gold from China could double in the next decade due to higher investment demand. As per the report, demand for gold in China reached 423 metric tons, or 466 short tons, last year, but domestic mines contributed only 314 metric tons, or 346 short tons. This shortfall creates a "snowball" effect as China's gold industry has to rely on imports.
Gold had ended FY 2009 higher by 24%. Silver futures had ended 2009 up 50%. The dollar index had lost 4.2% against its counterparts last year.
Last year, after hitting a low at $807.30 per ounce on 15 January 2009, gold futures rallied almost 51% to hit an all-time high at $1217.40 per ounce during early December of 2009 but fell from those levels at the end. Silver futures had hit a low at $10.42 on 15 January 2009 and hit a high at $19.30 per ounce on 2 December 2009. Like gold, silver also ended lower than its all time high level.
At the MCX, gold prices for June delivery closed lower by Rs 16 (0.09%) at Rs 16,379 per ten grams. Prices rose to a high of Rs 16,475 per 10 grams and fell to a low of Rs 16,342 per 10 grams during the day's trading.
At the MCX, silver prices for May delivery closed Rs 21 (0.07%) lower at Rs 26,830/Kg. Prices opened at Rs 26,847/kg and fell to a low of Rs 26,718/Kg during the day's trading.
Prices crawl up due to positive consumer confidence data
Crude oil prices ended marginally higher, off their intra day highs, on Tuesday, 30 March 2010. Prices ended higher due to better than expected consumer confidence report.
On Tuesday, crude-oil futures for light sweet crude for May delivery closed at $82.37/barrel (higher by $0.2 or 0.2%). It stayed above the $82 mark for most part of the day. Prices lost 1.2% last week.
Crude prices rose 9.3% in February as supply-and-demand issues began to take hold in a market for months dominated by moves in the dollar. Prices have ranged between $69 and $84 a barrel since October. Crude has risen 72.7% in last one year.
The Conference Board in US reported on Tuesday, 30 March 2010 that U.S consumer confidence rebounded in March after falling sharply in the prior month. As per the report, the consumer confidence index rose to 52.5 in March from 46.4 in February. Confidence had dropped significantly in February from 56.5 in January.
The gain in confidence was above forecasts. Market had expected the index to rebound to 51. The February confidence index was revised up from the initial estimate of 46. The present situation index rose to 26 from 21.7, while the expectations index improved to 70.2 from 62.9.
In the currency market on Tuesday, the dollar index, which measures the strength of the dollar against basket of six other currencies rose by 0.2%. But the British pound continues to outperform the buck. Strength in the British pound comes amid news that Britain's fourth quarter GDP was upwardly revised to reflect a 0.4% increase.
This week's weekly inventory report for crude and crude products is scheduled for Wednesday. The report is expected to show another build up in crude inventories for last week. The EIA reported last Wednesday that crude-oil inventories rose by 7.245 million barrels against an expected buildup of 1.67 million barrels for week ending 19 March. Despite the surprising inventories number, traders had focused more on data declines in stockpiles of gasoline and distillates such as diesel and heating oil. The EIA had also showed a combined decline of 5.14 million barrels in stocks of gasoline and distillates.
Last week, Organization of Petroleum Exporting Countries decided to keep its production quota unchanged.
Elsewhere, natural gas for May delivery ended higher by 1.5% at $3.98 per British thermal units.
Crude ended FY 2009 higher by 78%, the highest yearly gain since 1999. It reached a high of $82 earlier in October 2009 and hit a low of $33.98 on 12 February 2009. Oil prices had reached a high of $147 on 11 July, 2008 but have dropped almost 45% since then. Crude prices had ended FY 2008 lower by 54%, the largest yearly loss since trading began at Nymex.
At the MCX, crude oil for April delivery closed lower by Rs 3 (0.08%) at Rs 3,703/barrel. Natural gas for April delivery closed at Rs 178.9/mmbtu, lower by Rs 0.6 (0.33%).