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Wednesday, October 06, 2010

Nifty October 2010 futures above 6,200


Turnover rises

Nifty October 2010 futures were at 6,211, at a premium of 24.55 points over spot closing of 6,186.45. Turnover in NSE's futures & options (F&O) segment rose to Rs 92,035.12 crore from Rs 87,646.91 crore on Tuesday, 5 October 2010.

Clean sweep for bulls in Asia


Markets extend gains on ideas of persistently supportive central banking action

Asian markets shot higher today, extending the rally witnessed in the last session as strong overnight cues and ideas that U.S. Federal Reserve would be bringing back its quantitative easing measures pushed the indices up around the region. A stronger than expected reading on U.S. service sector activity also helped to drive the major averages to multi-month closing highs. The US stocks rallied yesterday and the Dow closed at a five-month closing high while the Nasdaq and the S&P 500 reached their best closing levels in well over four months.

Oberoi Realty gets anchor investors


To issue 71.21 lakh shares to anchor investors at Rs 260 per share

The initial public offer of Oberoi Realty was subscribed 4% by 16:00 IST on the first day of the issue today, 6 October 2010. The IPO received bids for 17.79 lakh shares, compared with 3.95 crore shares on offer.

Career Point Infosystems sparkles on debut


Settles at Rs 632.35 on BSE

Career Point Infosystems settled at Rs 632.35 on BSE, a 103.98% premium over the initial public offering price of Rs 310. The stock debuted at Rs 461, a 48.70% premium over its initial public offering (IPO) price. The stock hit a high of Rs 674 and low of Rs 450.

India Strategy - Oct 6 2010


India Strategy - Oct 6 2010

Smart Invest and Smart Trade - Oct 6 2010


Smart Invest and Smart Trade - Oct 6 2010

Daily Derivative Strategy - Oct 7 2010


Daily Derivative Strategy - Oct 7 2010

Daily Fundamental Report - Oct 7 2010


Daily Fundamental Report - Oct 7 2010

Daily Market Outlook - Oct 7 2010


Daily Market Outlook - Oct 7 2010

Allahabad Bank


Allahabad Bank

Q2FY11 IT Preview


Q2FY11 IT Preview

BSE Bulk Deals to Watch - Oct 6 2010


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
6/10/2010 513729 ARO Granite SAR AUTO PRODUCTS LIMITED S 55448 64.78
6/10/2010 531320 Arsi Cosmetics AMITA SUSMITBHAI SUTARIA S 39700 16.30

NSE Bulk Deals to Watch - Oct 6 2010


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
06-OCT-2010,CCCL,Consolidated Construction,FRANKLIN TEMPLETON MUTUAL FUND,BUY,4000000,83.00,-

BS Transcomm IPO Analysis


BS Transcomm, promoted by Sunil Agarwal, Mukesh Agarwal and Rakesh Agarwal, is enaged in the business of manufacturing towers and turnkey services for telecom and power transmission sector.

Oberoi Realty IPO Analysis


Oberoi Realty, promoted by Vikas Oberoi, is engaged in the business of real estate development with major/strong focus on the Mumbai market. The company is focused on the premium residential segment of real estate development and also develops office space, retail, hospitality and social infrastructure projects in mixed use and single segment developments.

Sensex, Nifty attain 33-month closing highs


The key benchmark indices -- the barometer index BSE Sensex and the 50-unit Nifty, attained their highest closing levels in nearly 33-months, led by rally in metal and realty stocks. Barring the BSE FMCG index, all the sectoral indices, rose. The market breadth was strong as the broader market outperformed the key benchmark indices for the second consecutive session. The Sensex jumped 135.37 points or 0.66%, off close to 127 points from the day's high and up close to 96 points from the day's low.

Grey Market Premiums - Oct 6 2010


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Career Point Infosystems

310 (Upper Band)

140 to 150

Eros International

175 (Upper Band)

40 to 45

Ramky Infrastructure Ltd.

450

9 to 11

Orient Green Power

47 (Lower Band)

Discount

Electro Steel

11 (Upper Band)

1.30 to 1.40

Gallantt Ispat

50 (Fixed Price)

+ / - 4 to 6

VA Tech Wabag

1310 (Upper Band)

290 to 300

Cantabil Retail

135 (Upper Band)

3 to 5

Tecpro Systems

355 (Upper Band)

52 to 55

Ashoka Buildcon

324 (Upper Band)

18 to 20

Sea TV Network

100 (Upper)

15 to 17

Bedmutha Ind.

102 (Upper)

15 to 17

Commercial Engg.

125 to 127

-8 to -10 (Discount)

Oberoi Realty

253 to 260

14 to 15

B.S. Trans

257 to 266

10 to 11

Coal India

225 to 250 (Approx)

15 to 16

Market may surge at open on firm Asian stocks


The market may surge in opening trade, tracking firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could gain 44 points at the opening bell.

Markets set for a strong opening


Headlines for the day:

CCEA okays divestment in Shipping Corporation

RIL, Bechtel firm up power plans

NELP-IX norms to give firms more time to explore oil

Daily News Roundup - Oct 6 2010


Reliance Industries is finalising a new alliance with engineering and project management partner Bechtel Corporation, as it prepares to enter the power sector. (BS)

The Jharkhand government has rejected a forest clearance for a railway link being planned for evacuation of coal from the North Karanpura coalfield operated by Coal India. (BS)

Sensex, Nifty soften...But broader market dazzles


The main Indian stock indices ended the day with losses for the first time in four straight trading sessions, continuing its pullback from 33-month high from the previous session.

Set to soar at start!


One can never consent to creep when one feels an impulse to soar. - Helen Keller.

A surprisingly aggressive monetary easing by Japan and strong growth in the US services PMI lifted the spirits across world markets. Expectations are mounting that the Fed and other central banks in the developed world may also have to follow suit to shore up growth. Risk appetite seems to have improved amid some evidence that double-dip fears may have been exaggerated.

Daily Derivative Strategy - Oct 6 2010


Daily Derivative Strategy - Oct 6 2010

India Real Estate Sector Update


India Real Estate Sector Update

Daily Technical Report - Oct 6 2010


Daily Technical Report - Oct 6 2010

Oberoi Realty IPO Review


Oberoi Realty IPO Review

India Economy


India Economy

India Strategy - Oct 6 2010


India Strategy - Oct 6 2010

CEBBCO IPO subscribed 2.03 times


Gets bids for 2.29 crore shares

The initial public offering (IPO) of Commercial Engineers & Body Builders Company (CEBBCO) was subscribed 2.03 times by 16:00 IST on the last day of its issue today, 5 October 2010. The issue garnered bids for 2.29 crore shares, compared with 1.13 crore shares on offer. The price band for the IPO is Rs 125-127 per share.

Sensex ends in red after 3 trading sessions


The Indian markets closed negative today, October 5, first time after three trading sessions, erasing earlier gains. The Sensex ended the range bound session on a sluggish note amid volatility. FMCG, metal and banking stocks dipped, while consumer durable, power and auto moved up.

Nifty October 2010 futures at premium


Turnover declines

Nifty October 2010 futures were at 6,176.15, at a premium of 30.35 points, compared to spot closing of 6,145.80. Turnover in NSE's futures & options (F&O) segment declined to Rs 87,646.91 crore from Rs 1,11,924.51 crore on Monday, 4 October 2010.

GSPL Ltd


GSPL

Microsec Financial Services falls below IPO price


Settles at Rs 110.90 on BSE

Microsec Financial Services settled at Rs 110.90 on BSE, a 6.01% discount to the initial public offer price of Rs 118.

Smart Invest and Smart Trade - Oct 5 2010


Smart Invest and Smart Trade - Oct 5 2010

Andhra Bank


Andhra Bank

IBN 18


IBN 18

Syndicate Bank


Syndicate Bank

Automobile Sector


Automobile Sector

Daily Market Outlook - Oct 6 2010


Daily Market Outlook - Oct 6 2010

Daily Fundamental Report - Oct 6 2010


Daily Fundamental Report - Oct 6 2010

Exide Industries


Exide Industries