Infosys Technologies, India Economy, Shree Cement
India Equity Analysis, Reports, Recommendations, Stock Tips and more!
Search Now
Recommendations
Monday, October 18, 2010
BSE Bulk Deals to Watch - Oct 18 2010
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
18/10/2010 531761 Amulya Leas SECUROCROP SECURITIES INDIA PRIVATE LIMTED B 28600 46.71
18/10/2010 531448 Arrow Sec TUSHAR RAMESHBHAI PATEL B 34000 75.22
NSE Bulk Deals to Watch - Oct 18 2010
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
18-OCT-2010,BEDMUTHA,Bedmutha Indust Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,BUY,209747,206.88,-
18-OCT-2010,BEDMUTHA,Bedmutha Indust Ltd,AJAY,BUY,112047,207.57,-
18-OCT-2010,BEDMUTHA,Bedmutha Indust Ltd,AKSHI FINANCE PRIVATE LIMITED,BUY,340839,205.31,-
Sensex ends above 20k; TCS, NTPC, Tata Steel rise
Indian equities bounced back on Monday snapping earlier losses. The Sensex ended the volatile session in green as it saw a stunning recovery at close. On sectoral front, consumer durable, FMCG, power and healthcare declined, while IT, oil & gas and realty gained.
Markets recover at fag-end
Major headlines
Housing Development Finance Corporation Q2 net profit surges 22% yoy; the stock closes lower by 0.34%
Larsen & Toubro Q2 net profit jumps 31% yoy; the stock ends 1.19% higher
LIC Housing board to consider stock split; the stock closes 2.17% lower
Coal India IPO subscribed 34% on day one
FIIs put in bids for 15.55 crore shares
The initial public offer (IPO) of state-run Coal India was subscribed 34% on the first day of the issue today, 18 October 2010, data on NSE website showed. The IPO got bids for 21.34 crore shares, compared with 63.16 crore shares on offer.
IT stocks help bulls emerge victorious in choppy trade; turnover drops
Volatility ruled the roost as the market snapped a two-day steep slide on bargain hunting. L&T and HDFC, both, bounced back after reporting strong Q2 results during trading hours. European stocks and US index futures came off days' lows, which aided the smart intraday rebound on the domestic bourses.
Grey Market Premiums - Oct 18 2010
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| Commercial Engg. | 127 (Upper) | 2 to 3 |
| Oberoi Realty | 260 (Upper) | 11 to 13 |
| B.S. Trans | 248 to 257 | Discount |
| Prestige Estate | 172 to 183 | 6 to 7 |
| Gyscoal Alloy | 65 to 71 | 11 to 12 |
| Coal India | 225 to 245 | 23 to 25 |
Market seen extending two-day slide; Coal India IPO opens for bidding
The market is likely to weak start on subdued global cues. Most Asian markets were trading lower. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could slide 33 points at the opening bell. Investor response the initial public offering (IPO) of state-run Coal India, which opens for bidding today, will be closely watched. The IPO is India's biggest ever.
Pre-mkt session at BSE & NSE from today
In a bid to reduce volatility in stock prices, a new system of trading is being introduced from today. BSE and NSE, the two premier stock exchanges in the country, will start a 15-minute pre-open session for the 50 stocks that comprise the Nifty index from today.
Sensex set for a gap-down start
Headlines for the day:
Coal India eyes Rs15,000 crore mop-up from IPO
Rural Electrification Corporation to issue zero-coupon, infra bonds
ONGC to invest Rs8,800 crore in Mumbai High redevelopment
Shaky start…Coal India IPO in focus!
Some have been thought brave because they were afraid to run away. - Thomas Fuller.
The bulls are bravely hanging on so far though we’ve had two weekly losses for the main indices. Today’s start is likely to be slightly shaky. It remains to be seen whether the indices manage to bounce back this week. The outlook is a little murky and calls for extra caution. Brace for some volatility too, as we are in the midst of an earnings season. The anxiety over global economy continues.
Daily News Roundup - Oct 18 2010
State Bank of India would raise Rs10bn by issuing long-term bonds of 10 and 15-year duration to retail investors. (BL)
ONGC reported oil find in its pre-NELP on land block in Cauvery Basin and gas discovery in its shallow offshore block in Krishna Godavari Basin. (BL)
Coal India received assurance from PMO that it could fully exploit its coal reserves, which were earlier constrained by the environment ministry. (BS)
Correction continues...Sensex slips 0.6% in the week
The markets closed lower for the second consecutive week, despite a phenomenal attempt to take out its all time high of 6,357 on Thursday. Key indices digested the nasty IIP surprise, but succumbed to selling pressure later on in the week as Infosys FY11 guidance failed to cheer the street. Meanwhile, FII inflows jumped to the record levels ahead of the Coal India IPO. Nifty for the week slipped 0.7% for the week and Sensex closed lower by 0.6%.
Sensex dips 125.21 pts in a week; Smallcap index outperform
Indian stocks dropped for the second consecutive week due to disappointing IIP numbers, weak global cues and sustained profit booking seen in index pivotal. However, the broader markets managed to close stronger for the week. Power and Capital goods index dipped over 2% over the week in the BSE sectoral space followed by Consumer durable index and PSU declined 1.82 and 1.58% respectively. However, Metal, Auto and IT indices gained in the range of 0.58% to 0.37% week-on-week.
Alstom Projects
Investors can consider taking profits off the stock of Alstom Projects India (Alstom Projects). Even as the stock has rallied 42 per cent over the last one year — way ahead of the 23 per cent climb of the broader market index CNX 500, its valuations have become stiff compared with peers, as earnings growth has failed to keep pace in the last few quarters.
Dish TV Ltd
Investors with a two-year horizon can buy the shares of Dish TV, a DTH service provider, given its well-positioned offerings in a rapidly growing digital television market.
Robust subscriber additions, maintenance of a healthy market share despite several new entrants and stabilising ARPU(average revenue per user) are key positives for the company.
Coal India IPO Review
Investors can subscribe to the initial public offer of Coal India, the only unlisted navaratna public sector company. Coal India is the largest coal mining company in the world in terms of reserve-base and annual production.
This is by far the largest IPO in India (Rs 15,100 crore). Coal India is a holding company for 11 subsidiaries which are engaged in the development and operation of coal mines as well as exploration and design, making it an integrated coal mining company.
Pre Open Scrips
ACC ACC LIMITED
AMBUJACEM AMBUJA CEMENTS LTD
AXISBANK AXIS BANK LIMITED
BAJAJ-AUTO BAJAJ AUTO LIMITED
BPCL BHARAT PETROLEUM CORP LT
BHARTIARTL BHARTI AIRTEL LIMITED
BHEL BHEL
CAIRN CAIRN INDIA LIMITED
CIPLA CIPLA LTD
DLF DLF LIMITED
DRREDDY DR. REDDY'S LABORATORIES
GAIL GAIL (INDIA) LTD
HCLTECH HCL TECHNOLOGIES LTD
HDFCBANK HDFC BANK LTD
HDFC HDFC LTD
HEROHONDA HERO HONDA MOTORS LTD
HINDALCO HINDALCO INDUSTRIES LTD
HINDUNILVR HINDUSTAN UNILEVER LTD.
ICICIBANK ICICI BANK LTD.
INFOSYSTCH INFOSYS TECHNOLOGIES LTD
IDFC INFRA. DEV. FIN. CO. LTD
ITC ITC LTD
JPASSOCIAT JAIPRAKASH ASSOCIATES LTD
JINDALSTEL JINDAL STEEL & POWER LTD
KOTAKBANK KOTAK MAHINDRA BANK LTD
LT LARSEN & TOUBRO LTD.
M&M MAHINDRA & MAHINDRA LTD
MARUTI MARUTI SUZUKI INDIA LTD.
NTPC NTPC LTD
ONGC OIL AND NATURAL GAS CORP.
POWERGRID POWER GRID CORP. LTD.
PNB PUNJAB NATIONAL BANK
RANBAXY RANBAXY LABS LTD
RELCAPITAL RELIANCE CAPITAL LTD
RCOM RELIANCE COMMUNICATIONS L
RELIANCE RELIANCE INDUSTRIES LTD
RELINFRA RELIANCE INFRASTRUCTU LTD
RPOWER RELIANCE POWER LTD.
SESAGOA SESA GOA LTD
SIEMENS SIEMENS LTD
SBIN STATE BANK OF INDIA
SAIL STEEL AUTHORITY OF INDIA
STER STERLITE INDS (IND) LTD
SUNPHARMA SUN PHARMACEUTICALS IND.
SUZLON SUZLON ENERGY LIMITED
TCS TATA CONSULTANCY SERV LT
TATAMOTORS TATA MOTORS LIMITED
TATAPOWER TATA POWER CO LTD
TATASTEEL TATA STEEL LIMITED
WIPRO WIPRO LTD
Subscribe to:
Posts (Atom)