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Monday, October 04, 2010

BSE Bulk Deals to Watch - Oct 4 2010

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
4/10/2010 511706 Action Fin VIRSEN MARUTI DHOTRE B 69681 46.61
4/10/2010 511706 Action Fin BP FINTRADE PRIVATE LIMITED B 46576 47.92

Microsec Financial Services Listing Date

Microsec Financial Services Listing Date : Oct 5 2010

Nifty October 2010 futures at premium

Turnover declines

Nifty October 2010 futures were at 6,177.25, at a premium of 17.80 points over spot closing of 6,159.45. Turnover in NSE's futures & options (F&O) segment declined to Rs 1,11,924.51 crore from Rs 1,18,232.26 crore on Friday, 1 October 2010.

Steady gains for most Asian indices

Markets remain on edge ahead of key interest rate decisions tomorrow

Asian markets ended on a steady note today with some profit selling emerging in the late session moves as investors awaited key central banking decisions in Japan and Australia tomorrow. The markets had gotten off to a decent start as positive closing for US stocks on Friday supported the sentiments. However, the DOW futures slipped into red as the trading progressed and early gains were cluttered somewhat. US dollar also rose from its six-month lows and some selling emerged in commodities too. Chinese markets remained shut for a weeklong holiday.

NSE Bulk Deals to Watch - Oct 4 2010

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
04-OCT-2010,ASTEC,Astec LifeSciences Ltd,MANISH VRAJLAL SARVAIYA,BUY,85195,85.25,-
04-OCT-2010,DCB,Development Credit Bank L,BLACKSTONE ASIA ADVISORS LLC,BUY,1128554,58.88,-

Markets end with modest gains

Major headlines

Ashok Leyland September vehicle sales up by 90%; the stock closes 2.80% higher

JP Associates cement shipments up by 61% in September; the stock ends 2.06% up

IVRCL Infrastructure bags Rs1,119.76 crore orders; the stock closes 1.35% higher

ICICI Bank strikes 52-week high

Profit profit at higher level wiped off most of the strong initial gains as the key benchmark indices ended just a tad higher. Weakness in European stocks and US index futures, triggered profit taking. Nine out of 13 sectoral indices on BSE were in positive zone. Healthcare stocks were in demand while FMCG and IT stocks fell. The market breadth turned negative, in contrast with a strong breadth in early trade. The BSE 30-share Sensex rose 30.69 points or 0.15%, off close to 231 points from the day's high.

Morning Notes - Oct 4 2010

Morning Notes - Oct 4 2010

Grey Market Premiums - Coal India, CEBBCO

Company Name

Offer Price




Career Point Infosystems

310 (Upper Band)

155 to 160

Eros International

175 (Upper Band)

42 to 44

Microsec Fin

118 (Upper Band)

20 to 22

Ramky Infrastructure Ltd.


11 to 12

Orient Green Power

47 (Lower Band)


Electro Steel

11 (Upper Band)

1.25 to 1.50

Gallantt Ispat

50 (Fixed Price)

+ / - 3 to 5

VA Tech Wabag

1310 (Upper Band)

300 to 310

Cantabil Retail

135 (Upper Band)

3 to 5

Tecpro Systems

355 (Upper Band)

55 to 57

Ashoka Buildcon

324 (Upper Band)

20 to 22

Sea TV Network

100 (Upper)

16 to 18

Bedmutha Ind.

95 to 102

17 to 18

Commercial Engg.

125 to 127

5 to 6

Oberoi Realty

253 to 260


B.S. Trans

257 to 266


Coal India

225 to 250 (Approx)

16 to 17

Daily News Roundup - Oct 4 2010

L&T sells 28mn shares of Mahindra Satyam in the open market for ~Rs2.95bn last month. (BS)

Tata Motors plans to raise US$525mn through a QIP of ordinary and differential voting rights shares as part of its Rs47bn fund raising plan, aimed mainly at reducing debt. (BS)

Sensex, Nifty add 2% this week

It was a super September indeed with indices racing closer to previous highs. While the long wait over the Ayodhya dispute ended with the Allahabad High Court declaring a split but pragmatic verdict. On the street, the verdict was very clear, Bullishness reigned supreme. A broad-based rally on Friday closed the indices around 2% higher. Being the F&O expiry week, volatility was at its peak especially on Thursday.

Common Wealth Gains

Wealth is the ability to fully experience life. - Henry David Thoreau.

A spectacular start to Commonwealth Games on Sunday will shift the focus away from controversies to the actual sports. A few new records will be set for sure. Records are also being broken on the bourses. FII inflows have already surpassed last year’s record. The key indices are also within striking distance of record highs. A slew of stocks are hitting new highs too.

Market may extend last two days gains on firm Asian stocks

The market may extend last two days gains to hit fresh 33 month highs tracking firm Asian stocks. The recent strong foreign fund inflows may further aid sentiment. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could gain 38 points at the opening bell.

Markets may see a strong start

Headlines for the day:

Airline debt recast hinges on RBI cues

Department of Telecommunications backs regulator's 2G plan

LIC to approach IRDA for floating infra bonds

Electric Utilities

Electric Utilities

Top 10 Midcaps

Top 10 Midcaps

Tata Motors

Tata Motors

Monsoon Update - Oct 1 2010

Monsoon Update - Oct 1 2010

Economic data keep US stocks steady

Stocks register little losses for the week

US stocks ended with little losses for the week that ended on Friday, 01 October 2010. Corporate news was light and economic data came in mixed, with an upside surprise to consumer spending and disappointing consumer sentiment reading. The last day of the week, registered modest gains though.

Copper gathers strength

Prices rise on anticipation of higher demand from China and US

Copper prices ended higher on Friday, 01 October at Comex. Prices rose riding on the back of strong economic data both at home and at China. Prices also rose due to the weak dollar.

SGX Nifty Live Update - Oct 4 2010

6,199.50 +23.50

Talbros Automotive Components

Investors with medium-term horizon can consider buying the stock of Talbros Automotive Components (Rs 87.7). The company manufactures gaskets, steering and suspension components, stampings, rubber products and forgings.