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Thursday, June 24, 2010
BSE Bulk Deals to Watch - June 24 2010
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
24/6/2010 517356 ACI Infocom GOKUL PRIVATE LIMITED B 50000 23.75
24/6/2010 517356 ACI Infocom ANJALI COMMODITIES PVT LTD B 100000 23.70
24/6/2010 517356 ACI Infocom DIVYA ALOK GUPTA S 400000 23.72
24/6/2010 513513 Aditya Ispat ANILKUMAR BHAGWANJI LALCHETA B 30201 7.48
NSE Bulk Deals to Watch - June 24 2010
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
24-JUN-2010,BRFL,Bombay Rayon Fashions Lim,IDFC MUTUAL FUND,BUY,641380,255.62,-
24-JUN-2010,DIGJAM,Digjam Limited,HI-GROWTH CORPORATE SERVICES PVT. LTD.,BUY,618076,13.21,-
24-JUN-2010,DIGJAM,Digjam Limited,INVENTURE GROWTH & SECURITIES LIMITED,BUY,807722,13.64,-
Bearish week extends for Asian stocks
Markets at unease by Fed statement, weak housing data from the US
Asian stocks ended mostly lower as a bearish week continued. The sentiments were largely mixed in cautious trading as the strength in the US dollar and worries over the global economic recovery kept the buying activity under check. DOW futures fell sharply in the afternoon, keeping possibilities of major gains in Asian shares limited. The markets eyed dovish language in the FED statement yesterday. The US Fed kept its rates near zero percent as widely expected but stated that financial conditions have become less supportive of economic growth.
HCL Tech, Kotak Mahindra Bank slide after bulk deals
The key benchmark indices registered marginal losses amid high volatility as traders rolled over positions in the derivatives segment from the near-month June 2010 contracts to July 2010 contracts. The near-month June 2010 derivatives contracts expired today, 24 June 2010. Weakness in global stocks caused by US Federal Reserve's more downbeat language on economic growth in the world's biggest economy weighed on investor sentiment.
Exclusive Group for Employees of Brokerage Houses
Update 1 : Thanks for the overwhelming response already. Again, please send a mail from your official company email adress. You can change your email address later. Your privacy would be protected.
Update 2:
WOW !! Very nice superb response to our initiative. We had over 60 applications! and are in the process of verifying them. Do apply if you are in the financial industry and part of any brokerage house.
Update 3:
YOU HAVE TO PROVIDE YOUR COMPANY EMAIL ADDRESS WHEN JOINING THE GROUP. Else, we WON'T APPROVE.
We are starting a exclusive group for employees of brokerage houses who can share reports and share exclusive news with the other members of the group.
This would be a closed group and would require you to be a member with your official id. Please make sure that you put give your official company email address (atleast for verification purposes, you can change that id later)
To become a member of this group - please request a invite by sending out a mail to dpstock@gmail.com with Subject "EXCLUSIVE RESEARCH" or request a invite here
Don't be late to be part of this exclusive new group! Feel free to recommend your colleagues, acquaintances and friends
Aster Silicates, Technofab Engineering Grey Market Premiums
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| Parabolic Drugs Ltd. | 75 to 85 | Discount |
| Aster Silicates Ltd. | 112 to 118 | 2 to 2.50 |
| Technofab Engineering | 230 to 240 | 7 to 7.50 |
Strong dollar pushes bullion metals lower
Prices remain a bit volatile ahead of Fed's interest rate decision
Bullion metal prices ended lower on Wednesday, 23 June 2010 at Comex. A strong dollar pushed prices lower. Also, traders remained a bit cautious ahead of Fed's interest rate decision in US this week.
Market may open flat to lower
The key benchmark indices may open flat to lower after the US Federal Reserve gave a more cautious tone about the strength of the US economic recovery. Trading of the S&P CNX Nifty on the Singapore stock exchange indicated that the Nifty could fall 15.50 points at the opening bell. Asian markets were mixed. Volatility is expected to remain high as traders roll over positions in the derivatives segment from the near-month June 2010 contracts to July 2010 contracts ahead of the expiry of the near-month June 2010 derivatives contracts today, 24 June 2010.
F&O Expiry...This is it
In a world filled with despair, we must still dare to dream. - Michael Jackson
There's not much despair on the street as the bulls managed to eke out slim gains after a fairly insipid session on Wednesday. With the global cues not supportive, it is not really easy to Just Beat It, especially with F&O expiry. While India’s macro fundamentals are sound, the smooth criminal remains the external scenario.
Flat to negative start likely; Weekly inflation eyed
Headlines for the day:
Fotis may overcome Khazanah hurdle in Parkway buy
Essar Shipping plans $250 million FCCB issue
SAIL in talks with kobe for technology alliance
Daily News Roundup - June 24 2010
Tata Motors is considering raising Rs25bn via equity or FCCB to trim debt pile. (ET)
RCom may sign a 5-year deal with Africa’s Attijariwafa Bank for managing the bank’s Ethernet services. (BS)
NTPC seeks 30mmscmd more of gas for expansion of gas based power projects. (DNA)
Flat finish for Nifty ahead of F&O expiry
The Indian markets ended almost unchanged on Wednesday as the consolidation phase continued for a second straight day ahead of the F&O expiry. Markets opened on a soft note on account of subdued global cues. In fact, the NSE Nifty fell below 5300 levels before bouncing back in the afternoon.
Annual Report - Puravankara Projects - 2009-2010
PURAVANKARA PROJECTS LIMITED
ANNUAL REPORT 2009-2010
DIRECTOR'S REPORT
Your Directors are pleased to present their report for the financial year
ended 31 March, 2010.
Annual Report - Indiabulls Financial Services - 2009-2010
INDIABULLS FINANCIAL SERVICES LIMITED
ANNUAL REPORT 2009-2010
DIRECTOR'S REPORT
Dear Shareholders,
Your Directors have pleasure in presenting the 11th Annual Report together
with the audited statement of accounts of the Company for the financial
year ended March 31, 2010.
Annual Report - CMC - 2009-2010
CMC LIMITED
ANNUAL REPORT 2009-2010
DIRECTOR'S REPORT
TO
THE MEMBERS OF
CMC LIMITED
Your Directors have pleasure in presenting the 34th Annual Report and the
Audited Statement of Accounts for the year ended March 31, 2010.
Annual Report - Century Enka - 2009-2010
CENTURY ENKA LIMITED
ANNUAL REPORT 2009-2010
DIRECTOR'S REPORT
Dear Shareholders
We have great pleasure in presenting the 44th Annual Report and Audited
Statements of Accounts of the Company for the year ended 31st March, 2010.
The performance has improved significantly. The revival of demand in Nylon
Tyre Cord Fabrics (NTCF) and the efforts made by your Company in improving
efficiencies in all areas of operations including working capital
management resulting in lower interest cost and foreign currency risk
management, have contributed greatly towards the improved performance. We
trust you will be quite satisfied with the performance of your Company.
Gitanjali Gems
We recommend a ‘buy' in Gitanjali Gems from a short-term trading perspective. The stock gained 3.4 per cent in the last trading session accompanied by above-average volumes. It has gained 10 per cent in the last three trading sessions. The stock has been in a sideways movement between Rs 90 and Rs 150 since last June. Within this sideways move, a short-term uptrend is in motion in the stock since the May low of Rs 92.5. Third leg of this uptrend is currently in motion that can take the stock higher towards its June 2009 peak once more.
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