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Monday, March 21, 2011

Hindalco, Infosys, TCS, HCL Tech, Wipro, Punj Lloyd, Lanco Infratech, Fortis Healthcare, MindTree, Power Grid, Oil India


Hindalco, Infosys, TCS, HCL Tech, Wipro, Punj Lloyd, Lanco Infratech, Fortis Healthcare, MindTree, Power Grid, Oil India

Strides Arcolabs


Strides Arcolabs

Sobha Developers


Sobha Developers

BSE Bulk Deals to Watch - Mar 21 2011


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
21/3/2011 533330 ACROPET TEC HEMKANAK MERCANTILE PRIVATE LIMITED B 364530 133.10
21/3/2011 533330 ACROPET TEC FINANCECORP CAPITAL INDIA PRIVATE LIMITED B 542607 131.88

NSE Bulk Deals to Watch - Mar 21 2011


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
21-MAR-2011,ACROPETAL,Acropetal Tech Ltd,CPR CAPITAL SERVICES LTD.,BUY,207760,133.60,-
21-MAR-2011,ACROPETAL,Acropetal Tech Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,1589509,132.88,-

Volatile trade ends in red


Markets remain highly volatile in trade today and close the session in the red zone despite of gains across the globe

Major headlines

Ranbaxy Laboratories falls as Mylan seeks to block Lipitor

Bafna Pharma to buy Raricap

Voltas to form joint venture with Germany's Kion Group

Tata Motors


Tata Motors

IDBI Bank


IDBI Bank

Persistent Computers, PTC India, Economy Monetary Policy


Persistent Computers, PTC India, Economy Monetary Policy

Grey Market Premiums - Mar 21 2011


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Lovable Lingerie Ltd.

205

(Upper Price Band)

58 (Seller)

PTC India Financial Services

26 to 28

0.75 to 1 (Discount)

SHILPI Cable

65 to 69

4 to 5

Daily News Roundup - Mar 21 2011


Tata Motors plans to hike prices of its passenger vehicles by up to Rs36,000 from April 1. (ET)

Reliance Industries sees 13% drop in KG gas output. (BL)

Maruti Suzuki India and Hyundai mulling to hike prices of its passenger vehicles. (ET)

Sensex nose-dives below 18k…RIL skids


Red was the color of the day, as far as the Indian markets were concerned, with the key stock indices extending the losing streak to a second straight week. After opening in the green territory, the benchmark stock indices witnessed selling pressure throughout the day.

Reliance Industries was by far the biggest culprit for the sudden turnaround in sentiment after a fairly good opening. The index bellwether slipped on reports that its gas production from the KG-D6 block may fall sharply in FY13. Among the other major laggards were, Reliance Infra, M&M and HDFC.

Courage at start


In the world of securities, courage becomes the supreme virtue after adequate knowledge and a tested judgment are at hand – Benjamin Graham.

After another tumultuous week, we are headed for a positive start despite oil prices climbing in the wake of the air strikes on Libya. Most Asian markets have for now shrugged off the new developments in MENA, Japan’s continuous struggle to contain nuclear contamination and China’s latest RRR hike. Japan’s markets are shut today for a holiday.

Copper stays steady


Copper rises more than 3% for the week

Copper prices ended mildly lower at Comex on Friday, 18 March 2011. Prices dropped as Libyan crisis continued and on fears that recovery in Japan will take some time before demand picks up again.

Marginal drop for crude prices


Prices drop despite a weak dollar

Oil prices ended little lower on Friday, 18 March 2011 at Nymex. Prices fell despite a weak dollar after Libyan officials announced intentions of ceasefire following the UN's decision to implement a no-fly zone over the country.

Precious metals shine


Prices witness weekly losses though

Precious metal prices rose on Friday, 18 March 2011 at Comex. Prices went up as tensions in Middle East, especially in Libya continued. Investors mulled over the fact whether Libyan officials will stick to their comments. Prices also rose as dollar index fell.

Market seen opening firm on positive global cues


A firm start is on the cards as Asian stocks edged higher on optimism Japanese factories may restart operations soon after the devastating earthquake that struck the World's third largest economy earlier this month, bringing industrial activity to a standstill in that country. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 15 points at the opening bell. However, uncertainty prevailing on the crisis in the Middle East and North Africa region and high oil prices may play weigh on the sentiment.