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Tuesday, August 30, 2011
HP Touchpad in India for sale ?
HP Touchpad is not directly available in India, however, you could order it through sites like these
Ebay.in
20North (Not sure if they have stock, they keep flip flopping)
Shop your world/
In all of the above cases, you won't be getting the tablet for 99$, they are usually double the price or more. I would recommend waiting for the prices to come down and not buy from all of these who are trying to make some quick money.
SKS Microfinance expands into other businesses
SKS Microfinance is reportedly scaling up its non-core businesses of financing Samgam stores, which are retail grocery stores owned by poor women, and increasing its gold lending operations in efforts to diversify its revenue stream. In the Samgam scheme, SKS Microfinance stores lend to Samgam stores and connects them with wholesale suppliers such as Hydera bad-based Metro Cash and Carry India Private Limited. SKS Microfinance receives some commission from the suppliers. Mr M R Rao, managing director and chief executive officer of SKS Microfinance, said, “We are scaling up our pilot on the ‘Samgam’ stores scheme and expanding it to Bangalore. Subsequently, this may be extended to all other States later.” SKS is also considering increasing the number of its branches that offer gold loans. Mr Rao added, “The number of [gold loan] branches is being increased from the present five to 20 as there is huge demand-supply gap in rural micro credit.”
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Nifty September 2011 futures above 5000
Turnover jumps
Nifty September 2011 futures were at 5,014.05, at a premium of 13.05 points over spot closing of 5,001. Turnover in NSE's futures & options segment jumped to Rs 108801.62 crore from Rs 90130.66 crore on Monday, 29 August 2011.
Manappuram Finance leads gainers in 'A' group
Sesa Goa, Pipavav Shipyard, DLF and HCL Technologies are among the other gainers.
Manappuram Finance vaulted 14.81% to Rs 50.40. The stock topped the gainers in the BSE's 'A' group. Manappuram Finance's public issue of non convertible debentures (NCDs) aggregating to Rs 400 crore with an option to retain over-subscription up to Rs 350 crore for issuance of additional NCDs aggregating to a total of up to Rs 750 crore opened for subscription on 18 August 2011. The issue closes on 5 September 2011.
NSE Bulk Deals to Watch - Aug 30 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
30-AUG-2011,ESSELPACK,Essel Propack Ltd.,GANJAM TRADING CO PVT LTD,BUY,2500000,36.15,-
30-AUG-2011,GITANJALI,Gitanjali Gems Limited,JAIWANTI MERCANTILES PRIVATE LIMITED,BUY,25000,315.89,-
30-AUG-2011,INVENTURE,Inventure Gro & Sec Ltd,ALFA FISCAL SERVICES PVT LTD,BUY,204600,151.71,-
30-AUG-2011,INVENTURE,Inventure Gro & Sec Ltd,NITIN BABAJI PALANDE,BUY,50625,150.20,-
30-AUG-2011,INVENTURE,Inventure Gro & Sec Ltd,SAAKSHI SHARES PVT.LTD.,BUY,179113,150.80,-
30-AUG-2011,MANINDS,Man Industries (I) Ltd,NIKHIL RAMESHCHANDRA MANSUKHANI ,BUY,1272814,126.00,-
30-AUG-2011,NCC,NCC Limited,WARHOL LIMITED,BUY,4318600,53.50,-
30-AUG-2011,OILCOUNTUB,Oil Country Tubular Ltd,UNITED STEEL ALLIED INDUSTRIES PRIVATE LIMITED,BUY,300000,65.00,-
30-AUG-2011,TREEHOUSE,Tree House Edu Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,383750,127.20,-
30-AUG-2011,DCM,DCM Ltd,YAMALA INFRASTRUCTURE PVT LTD,SELL,104141,47.37,-
30-AUG-2011,ESSELPACK,Essel Propack Ltd.,LAZARUS INVESTMENTS LTD,SELL,2500000,36.15,-
30-AUG-2011,GITANJALI,Gitanjali Gems Limited,JAIWANTI MERCANTILES PRIVATE LIMITED,SELL,476100,310.98,-
30-AUG-2011,INVENTURE,Inventure Gro & Sec Ltd,ALFA FISCAL SERVICES PVT LTD,SELL,167600,150.98,-
30-AUG-2011,INVENTURE,Inventure Gro & Sec Ltd,NITIN BABAJI PALANDE,SELL,157625,149.72,-
30-AUG-2011,INVENTURE,Inventure Gro & Sec Ltd,SAAKSHI SHARES PVT.LTD.,SELL,166633,151.22,-
30-AUG-2011,MANINDS,Man Industries (I) Ltd,VAZE NAKUL DILIP,SELL,1272814,126.00,-
30-AUG-2011,NCC,NCC Limited,J P M S L A/c Copthall Mauritius Investment Ltd,SELL,3600000,53.50,-
30-AUG-2011,OILCOUNTUB,Oil Country Tubular Ltd,MARUTI TRADERS AND INVESTORS,SELL,256961,65.00,-
30-AUG-2011,TREEHOUSE,Tree House Edu Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,SELL,383750,127.07,-
BSE Bulk Deals to Watch - Aug 30 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
30/8/2011 511750 Ascent Exim MAHAVIRSINGH N CHAUHAN S 37300 4.53
30/8/2011 532435 Asia HR Tech HEMALI MITESH PUJARA B 99999 4.50
30/8/2011 532435 Asia HR Tech M SARASWATHY S 61780 4.50
30/8/2011 530187 Atharv Enter MEENAKSHI JATIA B 75000 19.96
30/8/2011 530187 Atharv Enter SURBHI BAJORIA B 36639 19.96
Rally continues; Sensex closes 260 points higher
The Indian markets stood strong for the second consecutive day. The Sensex rose 260 points and the Nifty surged 81 points.
Major headlines
Q1FY12 GDP at 7.7% vs 9.3% yoy
ONGC plunges on share sale nod
Q1 GDP growth disappointing: FM
Market settles near 2-week high on strong Q1 GDP data
Strong Q1 June 2011 GDP growth data helped Indian shares extend Monday's (29 August 2011) strong rally, with the key benchmark indices attaining their highest closing level in nearly two weeks. The 50-unit S&P CNX Nifty regained the psychological 5,000 level. The market breadth was strong. The barometer index BSE Sensex jumped 260.42 points or 1.59%, up about 230 points from the day's low and off close to 40 points from the day's high. Index heavyweight Reliance Industries (RIL) jumped, extending Monday's rally. Hero MotoCorp and Idea Cellular hit 52-week highs.
Daily News Roundup - Aug 30 2011
Wockhardt plans to launch 12-15 products in the US market this financial year and also increase its reach in the European market.(BS)
ONGC is likely to start oil and gas production from Krishna-Godavari basin field GS-15 next month.(BS)
Maruti is gearing up for a major product onslaught with the launch of 15-20 new vehicles in the next five years.(ET)
The Anna effect…Sensex skyrockets; Nifty tops 4900
Indian equity indices rallied on Monday, with the BSE Sensex jumping by nearly 600 points and the NSE Nifty ending above the 4,900 mark. The Sensex and the Nifty closed near their intraday highs on the back of short covering and some bargain hunting following the recent drubbing.
Finally, the BSE Sensex ended at 16,416, adding 567 points. It had earlier touched a day's high of 16,462 and a day's low of 15,068. It opened at 16,080. The NSE Nifty closed at 4,919, adding ~171 points.
Appetite picking up!
Appetite, with an opinion of attaining, is called hope; the same, without such opinion, despair. – Thomas Hobbes.
The long hunger for gains has resulted in risk appetite picking up in equities during the past few sessions. After being on a slippery slope for quite a while, global stock markets are turning around. The recent fall was pretty ferocious and a lot of ground still needs to be covered. Whether the current recovery is sustainable cannot be ascertained. Wait for some more clarity and stability before committing larger amounts.
Crude jumps up
Prices gain on hopes of fast economic turnaround
Crude prices ended substantially higher on Monday, 29 August 2011 at Nymex. Latest data from the Commerce Department regarding the income and spending of US consumers revived strong hopes of economic turnaround once again. U.S equities opened higher on relief that Hurricane Irene, while deadly, stopped short of creating complete havoc along the East Coast. These in turn helped crude prices rise again on hopes of higher demand of crude in coming months
Bullions lose luster
Prices drop modestly lower as investors return to equities
Precious metals ended modestly lower on Monday, 29 August 2011 at Comex. Prices dropped as investors returned to equities thereby reducing the luster of bullions to some extent. Latest data from the Commerce Department regarding the income and spending of US consumers revived strong hopes of economic turnaround once again. U.S equities opened higher on relief that Hurricane Irene, while deadly, stopped short of creating complete havoc along the East Coast.
Market may extend gains for the second straight day; Q1 GDP data in focus
The market may extend Monday (29 August 2011)'s 3.58% surge on firm Asian stocks. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a gain of 63 points at the opening bell. On the macro front, the government will unveil data on first quarter GDP growth today, 30 August 2011, which may provide cues on the central bank's likely policy stance at its mid-quarter policy review on 16 September 2011.
An optimistic assessment of the US economy from Federal Reserve Chairman Ben Bernanke on Friday, 26 August 2011, boosted stocks across the globe and Indian shares were no exception on Monday, 29 August 2011. The US is the world's biggest economy. The end of a standoff between the government and anti-corruption activist Anna Hazare during the weekend over anti-corruption bill, also aided the rally on the domestic bourses as the barometer index BSE Sensex regained the psychological 16,000 mark. The BSE Sensex jumped 567.50 points or 3.58% to settle at 16,416.33, its highest closing level since 23 August 2011.
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