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Friday, October 22, 2010
BSE Bulk Deals to Watch - Oct 22 2010
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
22-OCT-2010,BILPOWER,Bilpower Limited,PITAMBAR J KANSARA,BUY,89971,197.44,-
22-OCT-2010,BINDALAGRO,Oswal Chem & Fert Ltd.,OSWAL AGRO MILLS LIMITED,BUY,39235457,19.58,-
Volatile markets end lower
Major headlines
Wipro dips on weak Q2 results; the stock ends 4.54% down
Coal India IPO price by October 24, exit option till October 25
Bank of India slides on below expectation Q2 results; the stock ends 2.78% lower
BSE Mid-Cap, Small-Cap indices outshine Sensex
The market logged marginal gains in the week ended Friday, 22 October 2010, halting a two-week declining trend, on strong initial September 2010 quarterly earnings. Markets across the globe were inflicted with high volatility during the week. Closer home, the key benchmark indices -- the BSE Sensex and S&P CNX Nifty -- slipped below the psychological 20,000 and 6,000 levels respectively only to regain those levels later. The market slipped in 3 out of 5 trading sessions in the week.
Next batch of Q2 results in focus
Strong initial Q2 September 2010 corporate results and ample global liquidity will ensure buying support for equities though volatility may rise as traders roll over positions in the derivatives segment from the near-month October 2010 series to November 2010 series ahead of the expiry of the October 2010 contracts on Thursday, 28 October 2010.
TCS jumps after strong Q2 results; Wipro slumps
The key benchmark indices edged lower amid high volatility, tracking weak European stocks and lower US index futures, as caution prevailed ahead of G-20 meet. Volatility was high as traders rolled over positions in the derivatives segment from the near-month October 2010 series to November 2010 series ahead of the expiry of the October 2010 contracts next Thursday, 28 October 2010. The BSE 30-share Sensex was down 94.72 points or 0.47% off close to 185 points from the day's high and up close to 80 points from the day's low.
Coal India Allotment Chances - Subscription Figures
| | |||
| Issue Dates: 18-10-2010 to 21-10-2010 | |||
| Subscription Levels - EOD 21-10-2010 | |||
|
| Book Size | Subscription | No. of times (x) |
|
| No. Of Shares | ||
| QIB | 284,236,398 | 7,019,464,125 | 24.70 |
| Non-Institutional | 85,270,919 | 2,166,004,875 | 25.40 |
| Retail | 198,965,479 | 458,621,225 | 2.31 |
| Employee | 63,163,644 | 6,174,300 | 0.10 |
|
|
|
|
|
| Total | 631,636,440 | 9,650,264,525 | 15.28 |
| No of Bids ~ 17,25,000 | |||
| After spill over from un-subscribed Employee Quota | |||
|
| Book Size | Subscription | No. of times (x) |
|
| No. Of Shares | ||
| QIB | 312,731,070 | 7,019,464,125 | 22.45 |
| Non-Institutional | 93,819,321 | 2,166,004,875 | 23.09 |
| Retail | 218,911,749 | 458,621,225 | 2.10 |
| Employee | 6,174,300 | 6,174,300 | 1.00 |
|
|
|
|
|
| Total | 631,636,440 | 9,650,264,525 | 15.28 |
Markets shut week with modest gains
Major news for the week:
Food inflation eases to 15.53%
Larsen & Toubro Q2 net profit jumps 31% yoy
Tata Consultancy Services hits all-time high on strong Q2 results
Cairn-Vedanta deal seeks our approval: ONGC
India's April-September direct tax receipts up 19%
Grey Market Premium - Coal India increases
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| B.S. Trans | 248 (Lower) | Discount |
| Prestige Estate | 183 (Upper) | 6 to 7 |
| Gyscoal Alloy | 71 (Upper) | 11 to 12 |
| Coal India | 225 to 245 | 35 to 37 |
Precious metals shed glaze
Prices drop as dollar strengthens following economic data
Precious metal prices dropped from their recent all time highs on Thursday, 21 October 2010 at Comex. Prices fell as the dollar strengthened. Better than expected batch of economic and earning reports pushed momentum towards equities today leaving commodities a bit behind.
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