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Tuesday, December 21, 2010

BSE Bulk Deals to Watch - Dec 21 2010

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
21/12/2010 532975 Aishwarya Tele JMP SECURITIES PVT LTD B 541768 8.58
21/12/2010 532975 Aishwarya Tele JMP SECURITIES PVT LTD S 495770 8.89
21/12/2010 532975 Aishwarya Tele VENKATRAMI REDDI GORLA S 420000 8.47
21/12/2010 532664 Amar Remedies CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAPO B 131262 100.99

NSE Bulk Deals to Watch - Dec 21 2010

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks

Markets edge higher amid thin trades

Easing worries about Korean warfare support sentiments

Asian markets had a very good outing today as investors eyed softening of tensions on the Korean peninsula after the South's live-fire drill passed off without response from the North. Markets had slipped on the previous day as Seoul went ahead with the US-backed exercise on the island of Yeonpyeong, which prompted an emergency session of the UN Security Council.
However, concerns eased as Pyongyang said only that it would show restraint while news that US negotiator Bill Richardson had persuaded the North to permit the return of UN nuclear inspectors also lifted sentiment. The markets had slipped on across the board profit selling as the benchmark indices had stuck two and a half year highs in the last week.

Markets regain key levels on strong global cues

It The Indian markets regained crucial levels, with the Sensex closing above 20000 and the Nifty up 6000 on encouraging set of global cues

Major headlines

JSW Steel to buy controlling stake in Ispat Industries

Satyam Computer shoots up on NYSE re-listing plan

Sun Pharmaceuticals dips on suit over patent infringement

Nifty settles at 6,000; Sensex at 5-week closing high

The key benchmark indices clocked modest gains, with the Sensex achieving a five-week closing high, as reports of higher advance tax payment by top Indian firms and firm global stocks boosted sentiment. The Sensex extended gains for the third straight day. The market breadth was strong. Metal, consumer durables, realty and banking stocks rose. But, index heavyweight Infosys reversed gains after hitting a record high. Another index heavyweight Reliance Industries (RIL) extended gains in late trade. The BSE 30-share Sensex jumped 171.44 points or 0.86%, up close to 135 points from the day's low and off close to 30 points from the day's high.

Precious metals rise despite a strong dollar

Prices remain steady due to Korean tensions and European debt problems

Precious metals ended higher on Monday, 20 December 2010 at Comex. Prices rose despite the dollar staying strong. Investors bought gold and other precious metals as a hedge against military tensions on the Korean peninsula and ongoing concerns about European sovereign debt.

Market may edge higher on firm Asian stocks

The market may edge higher on reports of increase in combined advance tax payment by top 100 firms and on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate a gain of 8 points at the opening bell.

Higher start…good way to begin with

Genuine beginnings begin within us, even when they are brought to our attention by external opportunities. - William Bridges.

We expect a higher start and a better day in office for the bulls today even as a few external irritants remain. Lack of buying from the big institutions has led to a drop on the volume front. Price erosion appears to have been done with on most counters, though one cannot really expect some Hero Honda kind of run in large counters.

Grey Market Premiums - Dec 21 2010

Company Name

Offer Price




Ravi Kumar Distilleries

64 (Upper)

9.50 to 10

A 2 Z Maintenance

400 (Lower)

1.50 t o 2

Punjab & Sind Bank

113 to 120

30 to 32

Daily Market News - Dec 21 2010

Indian equities are likely to open flat on Tuesday, Dec. 21, 2010. SGX Nifty is trading at 5,962 (7.44 am), 9 points higher than Monday closing of 5,953.

Asian stocks rose as commodity prices advanced and a Federal Reserve official said U.S. economic growth next year may be stronger than some economists forecast, boosting confidence in a global economic recovery. Japanese benchmark index Nikkei 225 rose 67.33 points, or 0.66%, to trade at 10,283.70.

Gap-up start likely on strong global cues

The Indian equities head towards a positive start on the back of strong support from the global counterparts.

Headlines for the day:

JSW Steel leads race for Ispat Industries

Tata Steel in talks to sell South African assets

Coal India, Shipping Corporation sign MoU for coal import

Market Insight - Dec 21 2010

Market Insight - Dec 21 2010

Daily News Roundup - Dec 21 2010

JSW Steel is close to buying a 45% equity stake in Ispat Industries for Rs21.6bn. (ET)

DoT has directed telecom service providers Tata Teleservices (TTSL) and Reliance Communications (RCom) to stop launch of 3G mobile services till a lawful interception mechanism is in place. (BS)

Ranbaxy Laboratories' South African joint venture (JV) has bagged a two year government order to supply HIV medicines worth Rs6.03bn. (ET)

Sensex, Nifty end flat...Hero Honda, Ispat zooms

It was a dull start to the Christmas week, with the benchmark stock indices finishing nearly flat even as some of the Small-Cap stocks held their own. The BSE Auto index zoomed as Hero Honda surged on more clarity from the management on the termination of JV with Honda. IT shares continued their recent good run while Banking and Realty were at the receiving end.

SGX Nifty Live Update - Dec 21 2010

5,966.50 +13.50