Earnings Preview
Most Popular Posts right now!
- Stock Picks for 2012
- BHEL, LIC Housing Finance, Phoenix Mills, India Cements, Jai Balaji Industries
- Better Investor
- Yes Bank
- 26+ Stock Picks for 2012
- India Real Estate Sector
- Daily News Roundup - Jan 30 2012
- Don’t give up
- BHEL
- Wipro, Ultratech Cement, Bajaj Auto, ITC, Hero Motocorp, Geometric Software, Shree Cement, Patel Engineering, Maruti Suzuki and more
Thursday, April 07, 2011
BSE Bulk Deals to Watch - Apr 7 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
7/4/2011 533296 Agre Developers YUGA STOCKS AND COMMODITIES PRIVATE LIMITED S 75121 57.42
7/4/2011 502330 AP Paper BAKULESH TRAMBAKLAL SHAH B 225025 391.97
7/4/2011 502330 AP Paper KBS REALTORS PRIVATE LIMITED S 225000 391.97
NSE Bulk Deals to Watch - Apr 7 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
07-APR-2011,APPAPER,Andhra Pradesh Paper,BAKULESH TRAMBAKLAL SHAH,BUY,415065,394.01,-
07-APR-2011,APTECHT,Aptech Limited,NUCO MERCHANDISE PRIVATE LIMITED,BUY,300000,115.84,-
Directionless markets end flat
The Indian markets ended the volatile trade on a flat note with a negative bias, with technology shares leading the decline
Major headlines
Food inflation at 9.18% versus 9.5%
Cairn India dips as Vedanta deal gets delayed
Glenmark Pharma inks pact with Canada's IDC
Asian markets witness choppy moves
All eyes on the ECB interest rate decision, strong overnight cues support sentiments
Asian markets managed to hold onto their recent gains though the overall trend remained quite choppy as traders' monitored progress at the Japan's stricken Fukushima Daiichi atomic plant, which was crippled by the twin disaster and led to concerns of a nuclear catastrophe. Meanwhile, the US dollar edged slightly higher ahead of a critical interest rate setting meet on the other side of the Atlantic where the ECB is forecast to hike rates for the first time since July 2008 as price pressures continue to escalate in the region. In the overnight moves, the US markets ended mildly up amid thin buying interest. The Dow added 32.85 points or 0.3% to close at 12,426.75 points – its highest closing level in almost three years.
BSE Mid-Cap, Small-Cap indices extend recent strong gains
The key benchmark indices edged lower in choppy trade, extending last two days' losses, as oil prices hovering near 2-1/2-year highs sparked inflation and interest rates worries. The BSE 30-share Sensex was down 21.02 points or 0.11%, off close to 75 points from the day's high and up close to 55 points from the day's low. Nevertheless, the board market depicted strength. The market breadth was strong. The BSE Mid-Cap and Small-Cap indices rose, extending recent strong gains.
Markets expect a flat opening
Today's start is likely to be on a flat note owing to mixed Asian cues. Weekly inflation numbers will be announced today
Headlines for the day:
Maruti Suzuki to recall 13,157 diesel cars
M&M to bring acquired Boeing unit to Bangalore
Bank loans grow 21.4% in 2010-11, deposits rise 15.8%
Precious metals continue to eke out new highs
Weak dollar, European debt problem, and Mid East crisis pull up prices
Precious metal prices once again witnessed new record highs on Wednesday, 06 April 2011 at Comex. Prices glittered following the continuing mid east crises, and Europe's sovereign debt problems. Investors continued to return to bullions as a safe haven for investment amid a weak dollar. Higher oil prices additionally in recent times helped gold not only by heightening fears of inflation but also by pushing pan-commodities indexes higher.
Market may open flat to slightly lower; food inflation data eyed
The key benchmark indices may open flat to slightly lower tracking weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 2 points at the opening bell. On the macro front, the government will unveil data on some wholesale price indices for the year through 26 March 2011 viz. the food price index, the primary articles index and the fuel price index at about 12:00 IST.
Wednesday, April 06, 2011
Markets end lower in volatile trade
Major headlines
Satyam surges on settling US SEC fraud probes
Four Soft jumps on Japanese contract
DQE rises on inking pact for 3D series
NSE Bulk Deals to Watch - Apr 6 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
06-APR-2011,AGRE,Agre Developers Ltd,KARAN G MEHTA,BUY,91000,53.01,-
06-APR-2011,APPAPER,Andhra Pradesh Paper,MARYADA BARTER PVT LTD,BUY,225000,397.50,-
06-APR-2011,ARSSINFRA,ARSS Infra Proj. Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,100434,624.29,-
BSE Small-cap, Mid-cap indices extend gains
The key benchmark indices dropped in volatile trade as crude oil prices near 2-1/2-year highs triggered profit taking after the market scaled 3-month high at the onset of the trading session. Nevertheless, select side counters surged and the market breadth was strong, with revival of inflow from foreign funds boosting sentiment. Small-cap and mid-cap indices on BSE extended recent strong gains. The BSE 30-share Sensex was down 74.62 points or 0.38%, off close to 200 points from the day's high and up close to 60 points from the day's low.
Tuesday, April 05, 2011
BSE Bulk Deals to Watch - Apr 5 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
5/4/2011 532937 ABC Paper DELHI IRON AND STEEL COMPANY PRIVATE LIMITED B 174448 50.71
5/4/2011 532937 ABC Paper VIJAY KUMAR AGGARWAL S 171901 50.72
5/4/2011 533330 ACROPET TEC DECENT FIN SER (P) LTD B 200000 54.00
5/4/2011 531678 Anand Credit BIJENDER SINGH B 37000 7.02
5/4/2011 531678 Anand Credit BRIJESH ASHOKBHAI HALARI S 73268 6.98
NSE Bulk Deals to Watch - Apr 5 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
05-APR-2011,ACROPETAL,Acropetal Tech Ltd,DECENT FIN. SER. (P) LTD,BUY,200000,53.99,-
05-APR-2011,ACROPETAL,Acropetal Tech Ltd,S V ENTERPRISES,BUY,230000,54.00,-
05-APR-2011,AGRE,Agre Developers Ltd,MOHAMMED MUAZ JAN TRUST,BUY,74138,56.08,-
05-APR-2011,ARSSINFRA,ARSS Infra Proj. Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,128264,599.00,-
Bulls March! Markets up 9% as FIIs pump money
The rally in the month of March was primarily driven by FIIs, with the markets touching new highs and closing the month 9% higher.
Major news for the month
January IIP at 3.7% versus 1.6%
Inflation in February at 8.31% versus 8.23%
Per capita income during FY10 rises 14.5%
FDI down by 30% in February to $1.2 billion
Nifty scales 3-month closing high
The key benchmark indices took a breather after Monday's (4 April 2011)'s 1.45% rally amid a divergent trend in pivotals. Intraday volatility was high. The BSE 30-share Sensex was down 14.91 points or 0.08%, up close to 165 points from the day's low and off close to 80 points from the day's high. The 50-unit S&P CNX Nifty ticked slightly higher scaling 3-month closing high. The broad market depicted strength as a number of small-cap and mid-cap stocks extended recent gains. The market breadth was strong. European stocks and US index futures were trading lower. Asian stocks ended mixed.
Daily News Roundup - Apr 5 2011
Suzlon Energy is all set to acquire the residual stake in German company REpower, to get 100% control of the company. (BS)
Petroleum secretary said that Cairn Energy Plc will need to take the consent of partner ONGC before selling majority stake in its Indian unit to Vedanta. (BS)
United Spirits has acquired 41.5% stake in Karnataka-based Sovereign Distilleries Ltd. (FE)
Sensex tops 19,700...Nifty pierces 5900
After taking a breather in the previous trading session, the Indian stock market began the week with a bang, well supported by rising global equities and FII inflows. The NSE Nifty closed above the 5900 levels for the first time in almost three months. The BSE Sensex ended above 19,700 on the back of all-round buying across sectors and is inching closer to the 20,000 milestone.
Capital Goods, IT, Auto and Banking stocks were among the major gainers. The BSE Mid-Cap and the BSE Small-Cap indexes outperformed the benchmark indices as traders seek value in outside the main indices.
Stay focused…cooling likely later
The ability to focus attention on important things is a defining characteristic of intelligence. - Robert J. Shiller.
There is no stopping the Indian juggernaut these days with the steady flow of FII money keeping the interest alive in the market. Another quarter more or less in line with expectations for India Inc. is something many are anticipating. Stay focused as we do have a few macroeconomic headwinds in the form of high inflation and rising cost of capital. Right now it’s all about momentum, which is driving the stocks up.
Flat start on the cards
Headlines for the day:
GVK set to buy Hancock Coal
Risng crude prices: OMCs lose Rs78,000 crore
Pfizer to sell its Capsugel unit to KKR for $2.38 billion
Crude trades at thirty-month high level
Prices stay above $108 mark on supply worries
Oil prices gave up early weakness and ended at thirty-month high levels on Monday, 04 April 2011 at Nymex. Continuing Mid East and North African crisis together with a weak dollar pushed up crude prices today.
On Monday, crude oil futures for light sweet crude for April delivery closed higher by $0.53 (0.5%) at $108.47/barrel. Earlier prices traded as high as $108.78. Last week, prices gained 2.4%.
Precious metals turn higher
Prices shine as crude soars and dollar drops
Precious metal prices shot up on Monday, 04 April 2011 at Comex. Prices rose in tandem with higher crude prices, which induced fears of inflation. Additionally, a weak dollar also pushed prices higher. Silver closed at new 31 year high levels.
Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies and also vice versa. But bullion metals have registered increase in prices despite strong dollar in recent times and vice versa.
Market likely to see a muted start on mixed global cues
The market is likely to see a flat-to-positive start following mixed global cues. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 2.5 points at the opening bell. The recent buying spree by the foreign funds and a slight decline in crude oil prices may support upmove.
As per provisional figures, foreign funds bought shares worth Rs 604.51 crore and domestic funds sold shares worth Rs 389.33 crore on Monday, 4 April 2011.
Monday, April 04, 2011
Sensex tops 19,700...Nifty pierces 5900
After taking a breather in the previous trading session, the Indian stock market began the week with a bang, well supported by rising global equities and FII inflows. The NSE Nifty closed above the 5900 levels for the first time in almost three months. The BSE Sensex ended above 19,700 on the back of all-round buying across sectors and is inching closer to the 20,000 milestone.
Capital Goods, IT, Auto and Banking stocks were among the major gainers. The BSE Mid-Cap and the BSE Small-Cap indexes outperformed the benchmark indices as traders seek value in outside the main indices.
BSE Bulk Deals to Watch - Apr 4 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
4/4/2011 530027 Aadi Inds SOMESH HEMANDAS MULANI B 50000 20.10
4/4/2011 526347 ACCLAIM IND VIRAL JAYANT FURIA S 25000 29.66
4/4/2011 512344 Aravali Sec RAKESHKUMAR MANGILAL RANKA (HUF) S 162605 17.42
4/4/2011 512535 Asahi Infra BLUEDIAMOND SUPPLIERS PVT LTD B 196765 11.91
NSE Bulk Deals to Watch - Apr 4 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
04-APR-2011,APTECHT,Aptech Limited,SARAVANA STOCKS PRIVATE LIMITED,BUY,500000,104.00,-
04-APR-2011,ARSSINFRA,ARSS Infra Proj. Ltd,SARAVANA STOCKS INVT. P LTD.,BUY,90000,539.00,-
04-APR-2011,ATLANTA,Atlanta Limited,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,461241,119.23,-
04-APR-2011,BEDMUTHA,Bedmutha Indust Ltd,KHAKHKHAR BHAVISH DHIRAJLAL,BUY,168824,134.90,-
Nifty closes near 3-month high, crosses 5900
The Indian markets moved higher all through the day on the back of consistent inflow of funds from FIIs, with the Nifty crossing the 5900 mark.
Major headlines
BHEL rallies on strong provisional FY11 numbers
RCom, DB Realty, Unitech slip on 2G scam charges
Cairn-Vedanta deal may get nod on Wednesday
Sensex jumps 10.4% in 10 trading sessions on revival of FII inflow
Investors cheered India's emphatic win over Sri Lanka to clinch 2011 Cricket World Cup title over the weekend, sending the key benchmark indices to 3-month highs. Higher auto and cement sales in March 2011, recent strong macroeconomic data and expectations of a normal monsoon this year, aided the rally. Revival of inflow from foreign institutional investors (FIIs) has also boosted sentiment. The BSE 30-share Sensex jumped 281.34 points or 1.45%, up close to 250 points from the day's low and off close to 30 points from the day's high. Today's rally on the domestic bourses was quite broad-based. The market breadth was strong.
Daily News Roundup - Apr 4 2011
Wipro buys part of SAIC IT business for US$150mn. (ET)
Hindalco raised Rs78.8bn in debt for a greenfield aluminium smelter plant at Mahan, Madhya Pradesh. (ET)
Communications ministry obtained a stay on the 2008 merger between Idea Cellular and Spice Communications from the Delhi High Court. (ET)
Sensex snaps 8-day rally...Small-Caps, Mid-Caps shine
The key Indian stock indices ended in the red on Friday, snapping an eight-day winning streak as traders took some profit ahead of the weekend. The BSE Sensex and the NSE Nifty cooled off after the Nifty hit a high of 5860 in the early trades. From there on, the key indices were stuck in a narrow trading range and were unable to find a specific direction throughout the day. In contrast, the broader market indices did really well after under-performing the Large-Cap peers in the past several sessions.
That victorious feeling!
"Victory has a thousand fathers, but defeat is an orphan." John Fitzgerald Kennedy quotes.
The Indian cricket team has attained World Cup glory again after over two decades. It was a splendid team effort indeed and a proud moment to cherish for years to come. The Indian stock market too has been in terrific form in the past two weeks, thanks largely to strong FII inflows. But there might be some cooling as Brent oil trades near $120 a barrel. Nymex is hovering around $110.
Market seen opening firm on upbeat global cues
The market is likely to open on a firm note on positive global cues. Positive US jobs data boosted Asian markets. But, the rise in crude oil prices may cap gains in Indian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 15 points at the opening bell.
Friday, April 01, 2011
BSE Bulk Deals to Watch - Apr 1 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
1/4/2011 530027 Aadi Inds SOMESH HEMANDAS MULANI B 50000 20.30
1/4/2011 530027 Aadi Inds HEMANT NAVNITLAL SARVAIYA S 92716 20.30
1/4/2011 524075 Albert David-$ ATRUN FISCAL PVT LTD B 30000 118.30
NSE Bulk Deals to Watch - Apr 1 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
01-APR-2011,ARSSINFRA,ARSS Infra Proj. Ltd,SARAVANA SECURITIES D.SATHYAMOORTHI,BUY,220000,533.91,-
01-APR-2011,EXCELINFO,Excel Infoways Limited,BASANTRAJ MEGHRAJ SETHIA,BUY,124000,41.10,-
Markets break 8-day winning run
Major headlines
Maruti Suzuki March sales up 28% yoy
February exports soar 49.7%
AP Paper surges 10% on open offer at huge premium
Market jumps on strong FII inflow
The key benchmark indices jumped on the back of heavy buying by foreign funds and on firm global stocks. The market gained in four out of five trading session in the week just gone by as it snapped eight-day winning streak on Friday, 1 April 2011. FII inflow totaled Rs 8548.14 crore in eight trading sessions from 22 March 2011 to 31 March 2011 as per data from the stock exchanges.
High crude oil prices may cap upside
The near term major trigger for the market is Q4 March 2011 results, with IT bellwether Infosys kickstarting the result season on 15 April 2011. Investors will scrutinize post-result management commentary to gauge outlook on earnings at a time when rising salaries, raw materials prices and interest rates are pressurizing profit margins of India Inc.
Market snaps eight day winning streak; breadth strong
The key benchmark indices settled with small losses in a volatile trading session as profit booking emerged after recent strong gains. The broad market depicted strength. The BSE 30-share Sensex was down 24.83 points or 0.13% to 19,420.39, up 38.04 points from the day's low and off 142.16 points from the day's high. The market breadth was strong, supported by data strong manufacturing in March 2011, higher auto sales in the month just gone by and surge in merchandise exports in February 2011. The market sentiment was firm on data showing recent heavy buying by foreign funds and on firm world stocks.
Subscribe to:
Posts (Atom)