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Tuesday, September 14, 2010
BSE Bulk Deals to Watch - Sep 14 2010
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
14/9/2010 513513 Aditya Ispat SHRADDHA GORLE B 38100 11.13
14/9/2010 513513 Aditya Ispat SHAHIR YUSUFBHAI BAJOWALA S 30000 11.13
NSE Bulk Deals to Watch - Sep 14 2010
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
14-SEP-2010,BAGFILMS,B.A.G Films and Media Ltd,ALFA FISCAL SERVICES PVT LTD,BUY,1176567,11.47,-
14-SEP-2010,BAGFILMS,B.A.G Films and Media Ltd,TRANS FINANCIAL RESOURCES LTD,BUY,1602851,11.54,-
14-SEP-2010,GULFOILCOR,Gulf Oil Corporation Ltd,MANISH G. LAKHI,BUY,540000,91.80,-
Post Market Review - Sep 14 2010
After yesterday's heady rise, market continued their northward journey even in today's trade, albeit closed off the high of the day. Benchmark indices gave up half of the intraday gains to close higher by about two third of a percent. Sensex gained 138 points to close at 18346 while Nifty finished at 5796, up 36 points. Broader market however, was under pressure as depicted by BSE Mid-cap and Small-cap indices that lost 0.6% and 0.8% respectively. WPI inflation for the month of August based on new WPI series came in at 8.51% as compared to 9.78% for the previous months. The figure as per the old base year stood at 9.5%. European markets along with US stock indices futures were trading lower by about a fifth of a percent ahead of data on US retail sales.
BSE Consumer Durable and IT indices were the top gainers among the sectoral indices, up 1.6% and 1.4% respectively while Metal and Realty indices lost 0.5% and 0.4% respectively. Kotak Bank and Wipro surged 4.9% and 4% respectively, becoming the top gainers among the Nifty stocks while Hindalco and ACC lost the most, down 2.5% and 2.1% respectively. BSE advance-decline ratio stood at 1:2.
Nifty shy of 5800
Major headlines
Inflation stands at 8.5% in August
Suzlon Energy bags 50MW repeat order; the stock closes 1.37% higher
ABB India to buy Metsys; the stock closes higher by 0.76
Nifty September 2010 futures above 5,800
Turnover rises
Nifty September 2010 futures were at 5,816.45, at a premium of 20.90 points compared to spot closing of 5,795.55. Turnover in NSE's futures & options (F&O) segment increased to Rs 1,56,375.34 crore from Rs 1,49,175.14 crore on Monday, 13 September 2010.
Asian markets end mixed
Select indices stumble slightly after recent gains as investors take some money off the table
Asian stocks witnessed a mixed movement today as select indices stumbled slightly after recent gains. Investors took some money off the table by booking profits and the US and rose along with Gold prices, indicating a bounce back in the risk aversion at a global scale. The global stocks rose by notable margins to open the week on Monday, as less rigorous than anticipated bank capital requirements from the latest Basel summit. The US markets saw additional buying to close the day at their best closing levels in a month. The Dow gained 81.36 points or 0.8% to end at 10,544.13.
Indosolar IPO subscribed 20%
Gets bids for 2.41 crore shares
The initial public offer (IPO) of solar photo-voltaic cells manufacturer Indosolar was subscribed 20% by 16:00 IST on the second day of the issue today, 14 September 2010. The IPO received bids for 2.41 crore shares, compared with 12.31 crore shares on offer.
Sensex, Nifty scale 32-month highs as FIIs step up buying
The key benchmark indices rose for the sixth straight day on data showing heavy buying by foreign funds during the past two trading sessions on Thursday, 9 September 2010 and Monday, 13 September 2010. Data showing easing of inflation also helped equities score further gains. The BSE Sensex and the 50-unit S&P CNX Nifty scaled 32-month highs. The focus today, 14 September 2010, was on large-cap stocks as many mid and small-cap stocks declined on profit booking after recent strong gains. The market breadth was weak.
Grey Market Premiums - Sep 14 2010
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| Indosolar Ltd. | 29 to 32 | 3 to 3.50 |
| Tirupati Inks (FPO) | 41 to 43 | -- |
| Career Point Infosystems | 295 to 310 | 21 to 22 |
| Eros International | -- | 30 to 32 |
| Microsec Fin | 113 to 118 | 30 to 31 |
| CTV Network | 100 to 110 (Approx) | 21 to 23 |
| Ashok Buildcon | 280 to 300 (Approx) | 50 to 52 |
| VA Tech Wabag | 1200 to 1300 (Approx) | 265 to 270 |
Market may open flat to slightly higher; inflation data eyed
The market may open flat to slightly higher as consolidation may happen after a recent sharp rally over the past few days. Trading of the S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could fall gain 2.50 points at the opening bell.
Sensational to subdued!
Subdue your passion or it will subdue you - Horace.
What a sensational start and finish as bulls conquered Mount 19K. But then today is a different day as the start is likely to be a bit subdued. Asian markets are mixed and the US stocks didn’t exactly set Wall Street afire.
Markets may see a flat start
Headlines for the day:
Cairn selective in government okay for stake sale
Suzlon plans R&D centre, listing in China
Nestle to invest Rs500 crore in food processing unit
Daily News Roundup - Sep 14 2010
Tata Teleservices crossed the 75mn subscriber milestone to become the fourth largest telecom operator in the country. (BS)
Suzlon Energy plans a research and development centre and listing its Chinese subsidiary, Suzlon Energy (Tianjin) Ltd, on the Hong Kong Stock Exchange, in a few years. (BS)
Kalpataru Power Transmission has secured three orders worth over Rs5.5bn from the Kenya Electricity Transmission Company and Parbati Koldam Transmission Company. (ET)
The Supreme Court adjourned the hearing on the Sasan coal dispute between Tata Power Company and Reliance Power to November 8, after Attorney General G E Vahanvati submitted that Tata Power had filed an affidavit containing wrong statements. (BS)
Nifty ends above 5750...SBI, RIL lead
Bulls went on rampage today, extending last weeks solid gains, as world markets roared back to life amid easing concerns over the ongoing economic recovery. Better than expected July IIP data, coupled with encouraging Chinese economic reports over the weekend lifted the mood on Dalal Street. Banks led from the front on optimism that lending will pick up in a fast-growing Indian economy and that they are well capitalised.
SREI Infrastructure Finance
Investors with a short-term trading perspective can buy the stock of SREI Infrastructure Finance. The stock is moving in a sideways channel with an upward bias since last June. Within this channel, the stock is in a medium term uptrend since February 2010.
Base metals turn strong
Chinese reports lead strength to prices
Copper prices registered strong gains on Monday, 13 September at Comex. Prices rose as China came out with some optimistic economic reports and as dollar weakened.
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