Mundra Port and SEZ
Tuesday, February 08, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
8/2/2011 521131 Anjani Fabrics TARAPORWALA FAREDUN HOMI B 100100 55.97
8/2/2011 521131 Anjani Fabrics PATEL KAPILABEN SOMABHAI S 99181 55.56
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
08-FEB-2011,ATLASCYCLE,Atlas Cycles (Haryana) Lt,B M TRADERS,BUY,16727,234.50,-
08-FEB-2011,ATLASCYCLE,Atlas Cycles (Haryana) Lt,CNB FINWIZ PRIVATE LIMITED,BUY,22364,234.49,-
Worries over Egyptian crisis offset overnight gains in US markets
Asian markets closed mixed today with select indices gaining modestly. The concerns over Egyptian crisis offset the overnight gains in Wall Street, which closed firm on hopes of a steady global economic recovery. The Consumer credit in the US expanded by much more than expected in the month of December, according to a report released by the Federal Reserve on yesterday. The report showed that consumer credit increased by $6.1 billion in December following an upwardly revised $2.0 billion increase in November. Non-revolving credit, such as car loans, continued to increase in December, rising by $3.8 billion after a revised $5.5 billion increase in the previous month. US stocks managed to start the week with moderate gains following the merger-and-acquisition activity. The Dow added 69.48 points or 0.6% to close at 12,161.63 while the tech heavy the Nasdaq added14.69 points or 0.5% to 2,783.99 – its three-year closing high.
Relentless bear onslaught triggered a sell-off on the bourses, with the key benchmark indices diving to 7-month lows. The sentiment was hit by media reports of a possible probe into two new cases involving the allocation of telecoms spectrum. Mounting concerns about slowing corporate profits and fears of further monetary tightening to tame high inflation, also kept investors away. The BSE 30-share Sensex was down 261.49 points or 1.45%, off close to 365 points from the day's high and up close to 35 points from the day's low. The Sensex fell below the psychological 18,000 mark. European markets were trading mixed while most Asian markets were in the red.
The market is likely to see a flat start on mixed global cues. Asian markets were trading mixed today, 8 February 2011 while financials led US stocks to fresh multi-year highs on Monday, 7 February 2011. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 6 points at the opening bell. Among prominent corporate results, Power Grid Corporation of India is due to report third quarter results today, 8 February 2011.
Gold slips marginally but silver climbs up
Precious metals ended on a steady note on Monday, 07 February 2011 at Comex. Gold turned marginally lower while silver went up. Gold traded higher earlier in the day. The dollar witnessed a flat finish for the day.
Gasoline remains the only crude product to register gains
Crude prices ended substantially lower on Monday, 07 February 2011 at Nymex. Prices dropped following a steady dollar and as conditions in Egypt eased a bit since last weekend.
Coal India may soon come out with a solution for all land-related issues faced by the mining companies. (BS)
Wipro announced sweeping changes across its IT business that will now be driven by six new business units aimed at quicker decision making and accountability. (ET)
With the natural gas all set to reach Uttarakhand, the government-owned State Infrastructure and Industrial Development Corporation of Uttarakhand Limited is holding talks with GAIL to set up two 300-Mw gas-based plants at Kashipur and Haridwar areas. (BS)
Indian markets ended on a flat note amid a lackluster trading session on Monday. After opening on a positive note, markets turned dull and directionless for majority of the day, until, benchmark indices witnessed some heavy offloading in last half an hour of the day. The NSE Nifty was unable to end above the 5400 levels for the second consecutive day, and the selling was seen in the Pharma, Banking and the Infra stocks. Even the Mid-Cap and the Small-Caps bore the brunt.
The universe is not hostile, nor yet is it friendly. It is simply indifferent. - JH Holmes
A better economic forecast in terms of 8.6% GDP growth did bring some cheer but profit booking came sooner than one would have anticipated. The indifference continues on the street as any good news hardly keeps the buying momentum on.