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Monday, April 11, 2011

BSE Bulk Deals to Watch - Apr 11 2011

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
11/4/2011 532331 Ajanta Pharma CROSSEAS CAPITAL SERVICES PRIVATE LIMITED B 114432 232.26
11/4/2011 532331 Ajanta Pharma A K G SECURITIES AND CONSULTANCY LTD B 80540 232.28
11/4/2011 532331 Ajanta Pharma CROSSEAS CAPITAL SERVICES PRIVATE LIMITED S 114432 232.01

NSE Bulk Deals to Watch - Apr 11 2011

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
11-APR-2011,AJANTPHARM,Ajanta Pharma Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,114454,232.14,-

Sensex falls 189 points on lower IIP, oil concerns

Weak IIP numbers and rising crude prices, which may result in a fiscal strain on the economy, exerted pressure on the market, with the Sensex closing 189 points lower

Major headlines

February IIP at 3.6% versus 3.7%

Essar Oil Q4 net profit soars 78% yoy

Sun Pharma signs pact with Merck

Auto shares lead decline

The key benchmark indices fell for the fourth day in a row to settle at their lowest level in almost two weeks as world stocks declined and after the latest data showed slower-than-expected growth in industrial output in the month of February 2011. The BSE 30-share Sensex was down 188.91 points or 0.97% off close to 165 points from the day's high and up close to 20 points from the day's low. Concerns over corporate earnings growth and macroeconomic worries arising from high crude oil prices also weighed on the domestic bourses.

The market breadth was weak. Interest rate sensitive realty stocks declined on worries higher interest rates could dent demand for residential and commercial properties. Auto stocks fell on concerns higher interest rates could crimp sales of automobiles. Fears of a hike in domestic fuel prices also weighed on auto stocks as crude hovered near 2-1/2-year high. Shipping stocks fell after the Baltic Dry Index, which tracks rates to ship dry commodities, dropped. Metal stocks also declined. The mid and small-cap indices on BSE managed to outperformed the Sensex.

Market may extend recent losses

The market may extend three days losses as higher crude oil prices sparked inflation and interest rate concerns. Most Asian stocks were in the red. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 21 points at the opening bell.

High global commodity prices will add to pressure on profit margins of Indian firms caused by rising salaries and higher interest rates. Prices of aluminum and copper are seen rising further as Japan rebuilds after last month's massive quake and tsunami.

Technical Picks - Apr 11 2011

Technical Picks - Apr 11 2011

Daily Reports - Apr 11 2011

Daily Reports - Apr 11 2011

Flat start likely; IIP data in focus

Headlines for the day:

Govt eases rules for bank top jobs

BHEL firms up JV with BEL for solar PV plant

Tatas bag record deal to modernise Air force bases

Daily News Roundup - Apr 11 2011

BHEL firms up JV with BEL for solar PV plant. (BS)

BHEL-Bangalore unit to up capacity to 20,000MW in FY12. (BS)

RIL, NTPC head for another faceoff as RIL is insisting on a more relaxed contract for committing more gas to NTPC. (BS)

Tata Steel will hold its board meeting today to consider a proposal to restructure Centennial Steel Company, a wholly owned subsidiary. (BL)

Seeking a change!

Only I can change my life. No one can do it for me. - Carol Burnett

The wave of Anna Hazare has swept the nation like never before in recent years. The public have finally found a rallying point against corruption and are seeking an overall change. Lets see how long this fervor lasts.

Sensex falls for 3rd day…Nifty below 5850

The Indian market extended its losing streak to the third straight trading session on Friday, ending the week with marginal gains. Today’s fall was gradual with the key indices constantly under pressure after opening at day’s high. The decline was led by Realty, Auto, Consumer Durables and PSU stocks. Even the Mid-Cap and the Small-Cap stocks were under pressure after outperforming the benchmark indices for the past three days.

India Retail Sector

India Retail Sector

Titan Industries

Titan Industries

India IT Services

India IT Services

Tech Mahindra

Tech Mahindra



SGX Nifty Live Update - Apr 11 2011

5,842.00 -17.00

Record close for precious metals

Silver touches $40 mark for first time in three decades

Precious metal prices glittered and registered new record on Friday, April 2011 at Comex. Fears of inflation stemming from higher crude oil prices coupled with a weak dollar pushed up prices higher. Yellow metal once again touched record high while silver surpassed the $40 mark for the first time in three decades. Gold ended higher for fourth straight day. For silver, it was the fifth day of straight gains.

Crude takes a big leap

Supply concerns, weak dollar and mid east crisis take prices higher

Oil prices soared on Friday, 08 April 2011 at Nymex. Prices shot up as crisis in the Middle East and North Africa continued and also as the dollar turned substantially weak. A fire at an oilfield in Libya added to concerns about supplies.