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Thursday, January 06, 2011
Realty Bets
Investor sentiment in realty stocks have dampened as new home buyers are starting to feel the squeeze of high property prices and rising interest rates.
November and December have been slow months for residential sales in major markets. Commercial and retail leasing trends remain strong, but are extremely geography specific, Macquarie Securities said in its recent report.
Profit booking, inflation drag markets for 3rd day
The Indian markets witnessed losses for the third consecutive day owing to consistent selling pressure across the board coupled with inflation concerns.
Major headlines
Food inflation soars to 18.32%
Economy to grow by 8.8% in 2010-11: IMF
Suzlon Energy inks pact with Hindustan Zinc
BSE Bulk Deals to Watch - Jan 6 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
6/1/2011 530513 Accurate Trans TARINI ENTERPRISES PRIVATE LIMITED S 17224 101.82
6/1/2011 530973 Alfa Ica TIKMANI CORPORATION B 22695 14.47
6/1/2011 530973 Alfa Ica AMRUT GOYAL DEVELOPERS PVT LTD S 30000 14.50
NSE Bulk Deals to Watch - Jan 6 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
06-JAN-2011,AHLWEST,Asian Hotels (West) Ltd,FOREX FINANCE PRIVATE LIMITED,BUY,861377,176.71,-
06-JAN-2011,AMARJOTHI,Amarjothi Spinning Mills,DINESH RAJ SHARMA,BUY,35000,65.73,-
06-JAN-2011,AMARJOTHI,Amarjothi Spinning Mills,SENTHILNATHAN JAYANTHISE S,BUY,40000,59.99,-
Market extends losses for the third day
Weakness persisted on the bourses for the third day in a row as data showing a surge in food inflation in late December 2010 rekindled fears of interest rate hike by the Reserve Bank of India (RBI). European markets were trading firm while Asian markets ended mixed. The BSE 30-share Sensex was down 116.36 points or 0.57%, up close to 80 points from the day's low and off close to 240 points from the day's high. From a seven-week closing high of 20,561.05 on 3 January 2011 the Sensex has lost 376.31 points or 1.83% in last three trading sessions. The market breadth was weak in contrast with a strong breadth in early trade.
Daily Market Review - Jan 6 2011
Benchmark indices extend the losing streak to third consecutive day by closing lower by half a percent in today’s trade. Sensex lost 116 points to close at 20184 while Nifty shut shop at 6048, down 32 points. BSE mid-cap and small-cap indices were down more, losing 1.2% and 1% respectively. Realty, Auto and Banking stocks continued to reel under pressure while software stocks maintained their outperformance. Food inflation for the week ended December 25 shot up to 18.32% from 14.44% in the previous week. Fuel inflation was unchanged at 11.63%. Primary Article index rose by 20.20% versus 17.24%. European markets, after a flattish opening, picked up and were trading higher by nearly a percent while US stock indices futures were up about a fourth of a percent ahead of jobs data.
Grey Market Premiums - Jan 6 2011
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| Shekhawati Poly Yarn | 30 (Fixed Price) | 1 to 1.50 |
| C. Mahendra Export | 95 to 110 | 5 to 5.50 |
| Mid Valley Enter | 64 to 70 | 6 to 7 |
Out of sync with the world
"Fortune sides with him who dares". - Virgil.
Slight change in the political fortunes has rendered UPA II paralysed in the past several weeks. After last week’s postponement of the EGoM on diesel price, the Centre has now deferred a call on urea deregulation as well. Also, Murli Deora has confirmed there won’t be any hike in diesel or LPG prices for now.
Daily News Roundup - Jan 6 2011
Reliance Industries has abandoned the second exploratory well in a Krishna-Godavari block after encountering "disappointing" results. (BS)
TCS to set up Rs15bn global learning centre in Kerala.(ET)
Two more Hero executives have been implicated in the multi-crore Citibank financial fraud case. (BS)
Sensex extends weekly loss...Nifty ends below 6100
After yet another positive start, the Indian market failed to build on the early gains and instead lost further ground later in the day to finish sharply lower. The BSE Sensex lost 200 points while the NSE Nifty closed below important support level of 6100. The decline in the Indian market was broad based with the broader indices also succumbing to the selling pressure.
Mkts to start firm ending 2-day fall
Markets are expected to resume trading on a firm note tracking positive global markets. The weekly inflation numbers are to be released later today.
Headlines for the day:
Tata Motors misses delivery target of one lakh Nanos in 2010
TCS to set up 1500-crore training centre in Kerala
Merck drops $100m research alliance with Ranbaxy
Crude rises as crude inventory drops more than expected
Crude prices managed to pare initial weakness and end higher on Wednesday, 05 January 2011 at Nymex. Prices rose as energy department reported a drop in crude and crude stockpiles for last week. Strong economic data also pulled up prices.
Precious metals tumble
Prices continue to fall as dollar strengthens
Precious metals ended considerably lower once again on Wednesday, 05 January 2011 at Comex. Prices fell as the dollar witnessed considerable gains and traders took to profit taking after the holiday season.
Market may halt two-day slide on positive global cues
Market is likely to open higher, ending a two-day declining trend, on positive global cues. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate a rise of 26.50 points at the opening bell. Most Asian indices were trading in the green today, 6 January 2011 while the US market closed with modest gains on Wednesday, 5 January 2011. On the macro front, the government will unveil data on some wholesale price indices for the year through 25 December 2010 viz. the food price index, the primary articles index and the fuel price index at about 12:00 IST.
Here they are! Top Stock Picks for 2011
Anonymous said...
Shree Renuka Sugar Cairn India
December 22, 2010 9:47 AM
neeraj said...
adani power
coal india
larsen and toubro
infosys
punjab national bank
sun pharma
December 22, 2010 9:48 AM
Karthik said...
IT sector shoudl be the top pick.
I like:
1. Mphasis
2. YES Bank
3. DCB
4. Pochiraju Industries
5. Sterlite Technologies
6. Subex
7. Ludlow Jute & Specialities
8. TCS
9. Usha Martin
10. K S Oil
December 22, 2010 10:10 AM
Anonymous said...
1) Anant Raj Industries
2) U-Flex
3) Pratibha Industries
4) ADF Foods
5) Jayant Agro Organics
6) Allied Digital
December 22, 2010 10:13 AM
Jignesh Dungrani said...
Cairn India
Yes Bank
REC
Sterlite Ind
MphasiS
IDBI Bank
December 22, 2010 10:29 AM
Anonymous said...
ORISSA MINING IS A BLUE CHIP
December 22, 2010 10:30 AM
Dinesh C Nagpal said...
Top 6 picks for 2011: GSFC, TINPLATE, HEXAWARE, DCB, SUNTV & ABG SHIPYARD -- investor can accumulate these stocks slowly in dips.
December 22, 2010 10:48 AM
Debjit said...
IDBI Bank
Hindalco
Great Offshore
Godrej Ind
December 22, 2010 11:23 AM
Anonymous said...
Sterlite Industries
ITC
Tata Steel
Tata Motor DVR
M&M
Cairn
TCS
Wipro
L&T
Adani Power
City Union Bank
December 22, 2010 11:28 AM
Anonymous said...
IDBIBank
HCC
REC
Allied Digital
NHPC
Reliance Power
SJVN
December 22, 2010 12:27 PM
Anonymous said...
Graphite India
IDBI Bank
Allied Digital
Cimmco Birla
December 22, 2010 1:08 PM
Mohan Iyer said...
Orient Green Power
Zee Learning
JSW Energy
Pipavav Shipyard
DCB
December 22, 2010 4:34 PM
Essjay said...
Sterlite
DishTV
Ranbaxy
Fortis
LNT
StanChart
OMDC
December 22, 2010 5:07 PM
Anonymous said...
GODREJ PROPERTIES
December 22, 2010 5:59 PM
Anonymous said...
IDBI Bank
SKS Microsystems
Sterlite
REC
Nagarjuna constructions
December 22, 2010 9:18 PM
Anonymous said...
Allied Digital
REC
IDBI Bank
December 22, 2010 9:24 PM
VICTORYGURU said...
Top picks for 2011 are
1. Bharat Forge
2. Tinplate Company
3. Allied Digital
4. Sterlite Tech
5. Punj Lloyd
December 23, 2010 10:59 AM
M.Bhat said...
L & T
Shriram Transport Finance Co. Ltd
Jindal Steel & Power
Petronet
HDIL
Renuka Sugars
Great Offshore
IRB
December 23, 2010 11:43 AM
Anonymous said...
Companies which can benefit from Rural area Developments:
Sintex Industries,
Bajaj Electricals,
KLG Systel,
Tata Chemicals.
Rgds
MC
December 23, 2010 12:17 PM
onyx said...
BUY DELTA CORP, MANAPPURAM FINANCE , SGJHL, BPCL , IOC , VIDEOIND FOR MEGA AND SURE SHOT PROFITS
December 23, 2010 1:43 PM
Anonymous said...
all waste
December 23, 2010 3:18 PM
Anonymous said...
surya pharma,omnitech infosolutions,talwalkars,cerebra integrated.
December 23, 2010 4:00 PM
Anonymous said...
People are posting only well known scrips which are already richly valued.Real genius is in finding unknown and out of favour stocks which can take off.
December 23, 2010 5:29 PM
Praveen Shamain said...
My Picks For 2011 Are (Random Order) -
1. Reliace Capital
2. IFCI
3. Reliance Communications
4. Punj Lloyd
5. HDIL
6. Century Textiles
7. Bombay Dyeing
8. DB Realty
December 23, 2010 10:25 PM
Anonymous said...
Hanung Toys
December 24, 2010 12:27 AM
Anonymous said...
Adani power
Irb Infra
Cox and Kings
December 24, 2010 5:42 AM
Anonymous said...
Boss,
IFCI
Reliance
Punj Llyod
JP Associates
Suzlon
Spice Jet
Bharti
December 24, 2010 10:24 AM
Anonymous said...
BUY JUBILANT FOODS FOR NEXT 2 YEARS.
December 24, 2010 10:56 AM
RAHUL said...
PFC
IRB
REC
OPTO
ONMOBILE
ARSHIYA
APAR
SPML
HIND DORR
GSPL
GPIL
December 24, 2010 11:47 PM
Anonymous said...
Airtel
Shasun Pharmaceuticals
Federal Bank
SKS Microfinance
Vishal Retail
December 25, 2010 5:51 PM
Anonymous said...
jbf ind
hanung toys
mphasis
tech mahindra
idfc
moil
December 26, 2010 7:07 PM
Anonymous said...
my top picks
tata steel
tata sponge iron
bluestar
unitech
jyoti structures
unity infra
patel engineering
reliance capital
dish tv
sterlite industries
December 27, 2010 5:19 PM
pravin boisar said...
krbl,reiagro,hul,karutari global,prism cement, eastern silk,alok,dhampur sugar,triveni engg.
December 27, 2010 10:40 PM
Research said...
Vivimed Labs,
Tata Steel,
Coal India,
Power Grid,
January 01, 2011 7:48 AM
Anonymous said...
ARTSON ENgg,
Visaka Ind,
Indian Hotels
Rallis
Tata Chemicals
Bata India
century enka
godrejInd
Geometric
Tata Elxsi
Gammon Ind
SCI
Reliance Broadcast
Reliance Media Works,
January 01, 2011 6:18 PM
Anonymous said...
you guys should now summarize this and make a new post.
thanks.
January 03, 2011 11:28 AM
Anonymous said...
IDBI BANK
REC
ALLIED DIGITAL
SJVN
NHPC
January 03, 2011 5:05 PM
SUNIL BHAVSAR said...
1 & ONLY ONE DIVIS LAB
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