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Tuesday, December 14, 2010

BSE Bulk Deals to Watch - Dec 14 2010

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
14/12/2010 532975 Aishwarya Tele JMP SECURITIES PVT LTD B 120580 10.15
14/12/2010 532975 Aishwarya Tele JMP SECURITIES PVT LTD S 123885 10.15
14/12/2010 532664 Amar Remedies WISHBONE GLOBAL INVESTMENT HOLDING S 151000 81.20

Midcaps Buys

Midcaps have taken the brunt of the recent selling.

We ran a business-quality filter on some hard-hit midcaps, and got this list. We believe these stocks have been wrongly punished, and do not deserve to fall with many of their less-worthy peers. In fact, the current correction provides a great window of opportunity to enter quality mid-size businesses whose fundamentals are in sync with theIndia story. Market sentiment may turn on a dime, but our analysts are willing to stand by their BUY calls on this WORTHY DOZEN.

NSE Bulk Deals to Watch - Dec 14 2010

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
14-DEC-2010,AHLWEST,Asian Hotels (West) Ltd,RADHE SHYAM SARAF,BUY,224428,200.00,-
14-DEC-2010,AMRUTANJAN,Amrutajan Health Ltd,RAHUL DOSHI,BUY,19305,757.15,-

Sensex ends up near 19,800; Sterlite, RInfra surge

Indian markets continued to rally for the third day on Tuesday. It had opened on a positive note and witnessed some selling in the early hours of trade but soon moved up making higher levels all the day boosted by declining inflation and finally came to a close with the markets near to the day`s high of 19,836.82. Barring auto, all sectors closed in the green zone with consumer durables leading the most followed by metal and PSU.

Markets get inflation booster, end strong

The Indian markets rose for the third consecutive day and shut on a strong note as investor sentiment remained upbeat after the fall in monthly inflation

Major headlines

Inflation inches down to 7.48% in November

NTPC signs PPA with Bengal government; the stock closes 1.12% higher

Sterlite Industries gains as Supreme Court extends stay over High Court order; the stock ends higher by 3.46%

Stocks eke out marginal gains in Asia

Overall undertone flat, strong economic data supports sentiments

Asian markets mostly rose ahead of the US Federal Reserve meet amid a continued firm undertone in the overall risky assets. Investors betted that world economic momentum would remain supportive given that China has refrained from hiking its benchmark interest rates and the US president Barack Obama's tax-cut package had gained enough votes in the Senate. The Organization for Economic Cooperation and Development's (OECD) composite leading indicators (CLIs), designed to anticipate turning points in economic activity, suggests stabilization in the pace of expansion across the OECD, ensuring that the world economic recovery remains on track. In overnight trades, the US stocks closed on a mixed note on amid lack of economic pointers. Markets were also seen poised for the Federal Reserve's interest rate decision due today. Dow gained 18.24 or 0.2% to close at 11,428.56. .

Market ekes out gains for third straight session on easing rate hike worries

Buying demand in second half on waning fears of a near term interest rate hike helped the key benchmark indices log gains for the third running day. Firm Asian markets also boosted sentiment. The BSE 30-share Sensex was up 107.41 points or 0.55%, up close to 180 points from the day's low and off close to 40 points from the day's high.

Hope floats on D-Street

The most important thing about recovery is to pass the message on. - Maurice Gibb.

Monday’s late rebound from day’s low saved the day for the bulls. However, it is not clear whether the advance has enough steam left to lift the main indices near all-time highs. The start today is likely to be muted and choppy. Beware of the heightened volatility even as the near-term outlook remains murky in the face of a few headwinds (local and global).

RCOM launches 3G services in Metros

Mr Anil Ambani-promoted Reliance Communications has become the first private telecom operator to launch third generation or 3G services in Mumbai, Delhi, Kolkata and Chandigarh.

Punjab and Sind Bank - Grey Market - MOIL

Company Name

Offer Price




Claris Life science

228 (Lower)


Manganese Ore Ltd.

375 (Upper)

167 to 170

Shipping Corporation

140 (Upper)


Ravi Kumar Distilleries

56 to 64

1.5 to 2

A 2 Z Maintenance

400 to 410

3 to 4

One 97 Communication


3.50 to 4

Punjab & Sind Bank

113 to 120

35 to 37

Daily News Roundup - Dec 14 2010

The Munjal family is set to acquire Honda Motors’ 26% stake in their joint venture Hero Honda Motors for around US$1bn or half the current value of the stake in the stock market. (ET)

ONGC is in talks with Russia's Bashneft to help the oil firm develop the giant Arctic Trebs and Titov oil fields. (ET)

Strong recovery...Nifty regains 5900

The Indian markets showed resilience and recovered completely from their day’s low in the second half of the trading session. The BSE Sensex recovered nearly 350 points and the NSE Nifty recovered nearly 100 points from their intra-day lows. The strong upswing was led by the Realty, Power and the Metals stocks. Even the Mid-Cap and the Small-Cap stocks were in the limelight. Infact the broader indices outperformed the benchmark index.

Market may open tad higher on firm Asian stocks; inflation data eyed

The market may open flat to slightly higher,extending two-day gains, tacking cues from firm Asian stocks. Trading of Nifty futures on the Singapore stock exchange indicate a gain of 6 points at the opening bell. The government will today, 14 December 2010 announce inflation data for the month of November 2010. The rate of inflation stood at 8.58% in October 2010, marginally lower than 8.62% in September 2010.

Flat start on cards; Inflation nos eyed

The Indian equities are set to start on a flat note mirroring subdued Asian markets; the inflation numbers for November will be eyed

Headlines for the day:

RBI to open Rs12,000-crore fund line to tackle liquidity crunch

IRDA plans to set up investor protection fund

DoT starts sending showcause notices to erring telcos

Weekly Newsletter - Dec 14 2010

Weekly Newsletter - Dec 14 2010

Market Mantra - Dec 14 2010

Market Mantra - Dec 14 2010

SGX Nifty Live Update - Dec 14 2010

5,937.50 +6.00