Reliance Industries Limited
Monday, January 24, 2011
Financials advanced on rate hike anticipation in RBI’s quarterly monetary policy meet scheduled tomorrow, which led the markets to end strong
Jindal Steel Q3 consolidated net profit up 9% yoy
ICICI Bank Q3 net profit soars 30.5% yoy
Idea Cellular Q3 consolidated net profit at Rs243.05 crore
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
24/1/2011 531678 Anand Credit PARMAR BHARATKUMAR B B 150740 7.74
24/1/2011 531678 Anand Credit LALITKUMAR PARASMAL (HUF) B 32500 7.70
24/1/2011 531678 Anand Credit SUNDAR DAS AND SONS HUF S 31275 7.70
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
24-JAN-2011,CANFINHOME,Can Fin Homes Ltd,RAJEN CHANDRAKANT SHARE A/C,BUY,102219,124.81,-
24-JAN-2011,CMAHENDRA,C.Mahendra Exports Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,878258,114.01,-
24-JAN-2011,HANUNG,Hanung Toys and Textiles,FIDELITY FOCUS NATURAL RESOURCES FUND,BUY,166698,237.47,-
The key benchmark indices logged decent gains on the back of good results from front-line banking firms and ahead of the Reserve Bank of India's monetary policy on Tuesday, 25 January 2011. But, index heavyweight Reliance Industries (RIL) declined on concerns about slow ramp up in gas production from the KG-D6 field due to technical and other issues. The BSE 30-share Sensex jumped 143.75 points or 0.76%, up close to 150 points from the day's low and off close to 40 points from the day's high. The market breadth was positive. Most European stocks were in the red. Asian stocks were mixed.
Of late, there have been a lot of news on reorganisation or rejig . First there was the Cabinet reshuffle, which was a disappointing affair. Then came a string of corporate shake ups, including the surprising ouster of joint CEOs at Wipro. On Dalal Street too, the market participants have been doing their own rebalancing of portfolios besides sector rotation.