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Tuesday, October 26, 2010

Hindustan Unilever, REC, Mundra Port and SEZ, IDEA, Crompton Greaves, Titan Industries, Petronet LNG, Reliance Industries, Bharat Forge

Hindustan Unilever, REC, Mundra Port and SEZ, IDEA, Crompton Greaves, Titan Industries, Petronet LNG, Reliance Industries, Bharat Forge



Daily Derivative Strategy - Oct 27 2010

Daily Derivative Strategy - Oct 27 2010

Daily Market Outlook - Oct 27 2010

Daily Market Outlook - Oct 27 2010

Daily Technical Report - Oct 27 2010

Daily Technical Report - Oct 27 2010

Daily Fundamental Report - Oct 27 2010

Daily Fundamental Report - Oct 27 2010

Nifty October 2010 futures at premium

Turnover declines

Nifty October 2010 futures were at 6,108.10, at a premium of 26.10 points over spot closing of 6,082. Nifty November 2010 futures were at 6,138.25, at a premium of 56.25 points over spot closing of 6,082.

No more gains for Asia

Equities witness a mostly bearish outing

Asian equities witnessed a mostly bearish outing today, as the late pullback in the US dollar in the yesterday's New York trades and worries on the US housing front kept the buying momentum under check. Investors were seen not getting carried away ahead of the upcoming G20 meeting and the currency markets continued to keep a tab on the risk appetite with the Japanese not far off 15-year highs against the dollar. The US housing markets remain weak and high levels of mortgage defaults may well persist for some time to come, according the Federal Reserve Chief Ben Bernanke. Media reports quoted Bernanake saying that the Fed is concerned about reported irregularities in foreclosure practices at a number of large financial institutions, and the Fed is looking into whether systematic weaknesses are leading to improper foreclosures.

Markets end lacklustre session lower

Major headlines

India to grow at 8.25-8.75% in current fiscal: FM

Sterlite Industries Q2 consolidated net profit rises marginally; the stock ends 0.09% lower

JSW Steel Q2 consolidated net profit up 16% yoy; the stock ends 0.96% down

BSE Bulk Deals to Watch - Oct 26 2010

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
26/10/2010 590116 7SEAS TECH MEENU JAINBHANSHALI S 35398 99.21
26/10/2010 530513 Accurate Trans PRADEEP KR AGGARWAL B 15213 111.18

NSE Bulk Deals to Watch - Oct 26 2010

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
26-OCT-2010,ARCHIDPLY,Archidply Industries Limi,BP FINTRADE PRIVATE LIMITED,BUY,189157,38.25,-
26-OCT-2010,CREWBOS,Crew B.O.S. Products Limi,AARKEN ADVISORS PRIVATE LIMITED,BUY,100000,204.57,-

Market drifts lower on weak global stocks

The key benchmark indices edged lower in a choppy trading session as weak global stocks weighed on investor sentiment. Index heavyweights Reliance Industries (RIL) edged higher. The market breadth was negative, compared with a strong breadth earlier in the day. The BSE 30-share Sensex was down 81.73 points or 0.4%, up close to 35 points from the day's low and off close to 120 points from the day's high. Banking and metal stocks fell. Sterlite Industries reversed losses after reporting Q2 result. Auto stocks bucked the weak market, with shares of commercial vehicles major Tata Motors hitting a record high.

Coal India - IPO Grey Market Premium - Update

Company Name

Offer Price




B.S. Trans

248 (Lower)


Prestige Estate

183 (Upper)

6 to 7

Gyscoal Alloy

71 (Upper)

13 to 15

Coal India


39 to 41

Crude prices stay steady

Somber dollar and supply disruptions at France keep crude prices on higher side

Crude oil prices ended higher on Monday, 25 October 2010 at Nymex. Somber dollar and supply disruptions at France kept crude and crude product prices steady for the day.

Market may open marginally lower; Sterlite Industries Q2 result eyed

The market may open slightly lower if trading of S&P CNX Nifty futures on the Singapore stock exchange is of any indication. It indicates that the Nifty could fall 9 points at the opening bell. Jindal Steel & Power, NTPC and Sterlite Industries are due to report Q2 results today, 26 October 2010.

Daily News Roundup - Oct 26 2010

Dr Reddy's Laboratories has entered into an agreement with drug major Cipla and UK-based Vitabiotics to market over-the-counter (OTC) and prescription drugs, besides nutraceutical products, in Russia and CIS countries. (ET)

IVRCL Infrastructures & Projects Ltd bagged three projects worth Rs19.7bn from Saudi Arabia and Nepal marking the entry of the company into international projects. (BL)

Sensex inches higher…Small-caps outperform

The Indian markets ended with smart gains on Monday starting off the week on a positive note. The Auto, Metals and the Pharma stocks led the rally which lifted the NSE Nifty to end above the 6100 levels. Even the broader indices participated in the rally, infact the Mid-caps and the Small-Caps outperformed the benchmark indices. However, the IT and the FMCG stocks were under pressure.

Hoping to sustain

Today’s start is likely to be lackluster owing to indecisive global cues. If you think your holdings will not sustain the volatility, abstain from doing too much. Just hang on till a clearer picture emerges either way.

Precious metals glitter

Weak dollar and buying spree keep prices high

Precious metal prices ended substantially higher on Monday, 25 October 2010 at Comex. Drop in dollar and anticipation that gold will be bought in India during first week of November kept prices high on Monday. Last week, gold had registered first weekly loss in six weeks.

Markets expect a negative start

Headlines for the day:

SEBI doubles retail limit, tightens IPO norms

Madras HC dismisses Subhiksha's merger proposal

Vedanta to miss deadline for shareholders' nod

SGX Nifty Live Update - Oct 26 2010

6,127.50 -9.00

Morning Notes - Oct 26 2010

Morning Notes - Oct 26 2010

Market remains firm in a choppy session

Firm global markets helped the Indian stocks score gains in a choppy
trading session. Stocks were volatile as traders rolled over positions
in the derivatives segment. The market edged higher in early trade.
After moving in a narrow range for a while, the key indices hit fresh
intraday highs in mid-morning trade. BSE Sensex closed at 20303, up
137 points and the Nifty was at 6105, up 40 points. High beta metal
and realty stocks showed some momentum. Consumer durables, cement and
auto stocks also were up. Most Asian markets climbed on expectations
that further monetary easing by the US Federal Reserve would boost
liquidity in the region.