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Wednesday, September 07, 2011
BSE Bulk Deals to Watch - Sep 7 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
7/9/2011 590006 Amrutanjan Health-$ CROSSEAS CAPITAL SERVICES PRIVATE LIMITED B 24916 848.71
7/9/2011 590006 Amrutanjan Health-$ A K G SECURITIES AND CONSULTANCY LTD B 36068 851.12
7/9/2011 590006 Amrutanjan Health-$ CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED B 15380 845.35
NSE Bulk Deals to Watch - Sep 7 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
07-SEP-2011,AMRUTANJAN,Amrutajan Health Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,15488,844.48,-
07-SEP-2011,AMRUTANJAN,Amrutajan Health Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,24945,847.33,-
07-SEP-2011,BROOKS,Brooks Lab Limited,BP FINTRADE PRIVATE LIMITED,BUY,175532,43.96,-
Market at 4 week closing high
The recent resumption of buying by foreign funds along with upbeat global markets helped Indian bourses scale 4 week closing high. The BSE Sensex was up 202.19 points or 1.2%, up close to 140 points from the day's low and off close to 90 points from the day's low. BSE Sensex regained psychological 17,000 mark. The market breadth, indicating the overall health of the market, was strong.
Market seen advancing on positive Asian equities
The market is likely to see a firm start tracking positive Asian equities. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a rise of 22 points at the opening bell. The recent resumption of buying by foreign funds will also support gains.
Foreign institutional investors (FIIs) bought shares worth Rs 431.48 crore on Tuesday, 6 September 2011, as per provisional data from the stock exchanges. Domestic institutional investors (DIIs) sold shares worth Rs 415.17 crore on that day.
Positive Asian cues may lift markets at start
Today the Asian indices look positive and may lift the Indian markets in the opening trade.
Headlines for the day:
Cairn to seek ONGC nod on Vedanta deal
DLF to challenge CCI order in Competition Appellate Tribunal
Slowdown blues upset FMCG companies' plans
DGH reopens issue of sharing RIL's earnings on D6 gas
Major corporate action
Ex-date for 1st interim dividend of Greaves Cotton
Ex-date for dividend of Simplex Infrastructures, Tantia Constructions
Sensex climbs on European bounce, FII flows
After last week’s strong show and Monday’s resilient performance, Tuesday turned out to be even better for the Indian market, with the main equity indices managing to close with smart gains after a bad start.
Finally, the BSE Sensex ended at 16,862, adding 149 points. It had earlier touched a day's high of 16,894 and a day's low of 16,488. It opened at 16,663. The NSE Nifty closed at 5,064, up 47 points.
Some comfort!
As long as you derive inner help and comfort from anything, keep it.- Mahatma Gandhi.
You can take some comfort from the fact that the Indian indices have been showing resilience. The trend is likely to stay intact, at least at start today with a positive one. Asian markets are mostly up. US stocks did well to recover but still closed in the red. European indices were mixed. UK stocks bucked a broad negative trend.
Copper stays weak
Concerns over global growth impact prices
Copper prices at Comex ended lower on Tuesday, 06 September 2011. Prices dropped as the dollar headed up. Copper also declined amid concern that the euro-zone nations will be unable to control the sovereign-debt crisis, damping the outlook for the global economy and curb demand for raw materials.
Bullions shed intra day gains
Gold and silver drops as strong dollar pressures commodities
Precious metals pared their intra day gains and ended lower on Tuesday, 06 September, 2011 at Comex. Prices shone following big sell-off at Wall Street despite a stronger than expected ISM service index data. But a strong dollar pressured the prices and the same ended lower for the day.
Crude ends marginally lower
Prices continue to stay weak on overall demand concerns
Crude prices ended lower on Tuesday, 06 September, 2011 at Nymex. Prices stumbled after the weakest jobs data in nearly a year drove U.S. stocks sharply lower since last Friday. A strong dollar and global economic problems also pressured oil prices today. Prices slipped hand in hand with US equities.
Tuesday, September 06, 2011
BSE Bulk Deals to Watch - Sep 6 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
6/9/2011 590006 Amrutanjan Health-$ A K G SECURITIES AND CONSULTANCY LTD B 22728 825.26
6/9/2011 590006 Amrutanjan Health-$ A K G SECURITIES AND CONSULTANCY LTD S 22728 825.76
6/9/2011 524760 Arvind Intl-$ PRESTIGE EXPORTS PRIVATELIMITED B 49947 16.62
NSE Bulk Deals to Watch - Sep 6 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
06-SEP-2011,AMRUTANJAN,Amrutajan Health Ltd,SHREE NAMAN SECURITIES & FINANCE PVT. LTD,BUY,18762,820.91,-
06-SEP-2011,BFUTILITIE,BF Utilities Limited,QUADEYE SECURITIES PRIVATE LIMITED,BUY,201449,528.74,-
06-SEP-2011,BROOKS,Brooks Lab Limited,AMPLE HOTELS AND RESORTS PRIVATE LIMITED,BUY,86753,55.64,-
06-SEP-2011,BROOKS,Brooks Lab Limited,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,137654,54.79,-
06-SEP-2011,BROOKS,Brooks Lab Limited,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,635334,54.63,-
06-SEP-2011,BROOKS,Brooks Lab Limited,DEEPAK SHANTILAL CHHEDA,BUY,105423,54.13,-
Rakesh Jhunjhunwala to donate his wealth
Billionaire investor Rakesh Jhunjhunwala, often referred to as India's Warren Buffet for his investment strategy, has decided to pledge one-fourth of his wealth for charity -- marking yet another common-ground with the legendary American investment guru.
Besides his investment acumen, Buffett is also known for his philanthropy and recently asked wealthy Indians to give away part of their wealth towards charity.
Markets under bear grip in Aug, post biggest monthly fall since Jan
The Indian markets have been turbulent in August 2011 on the back of global uncertainty and FII selling. The Sensex tumbled 8.36% and the Nifty dropped 8.77%
Major news for the month:
July inflation at 9.22% versus 9.44%
June IIP at 8.8% versus 5.6%
L&T Q1 net profit up 12%
Bharti Airtel Q1 consolidated net profit down nearly 28%
Tata Motors Q1 consolidated net profit at Rs2,000 crore
India’s factory output falls to a 20-month low in July
Q1FY12 GDP at 7.7% versus 9.3% yoy
Nifty September 2011 futures at premium
Turnover surges
Nifty September 2011 futures were at 5,068.25, at a premium of 3.95 points over spot closing of 5,064.30. Turnover in NSE's futures & options segment surged to Rs 109932.97 crore from Rs 82058.49 crore on Monday, 5 September 2011.
Reliance Industries September 2011 futures were at 824.55, near spot closing of 825.10.
Market scales 3-1/2 week closing high
The key benchmark indices edged higher amidst high volatility to scale 3-1/2 week closing highs aided by firm European stocks. The BSE Sensex was up 149.48 points or 0.89%, up close to 375 points from the day's low. The market breadth was positive. Index heavyweight Reliance Industries jumped more than 4%. Other index heavyweights, Larsen & Toubro, Infosys and ICICI Bank too gained.
The S&P CNX Nifty settled above the psychological 5,000 mark after sliding below that level at the onset of the day's trading session. Auto stocks were in demand on reporting good sales figures for August 2011. Bike makers Hero MotoCorp and Bajaj Auto retreated after scaling record peaks. Software stocks rose on bargain hunting reversing an intraday fall triggered by concerns that a likely economic slowdown in the US and Europe will hit technology spending by overseas clients. Banking pivotals were mixed and were off day's low.
Bond Market News - Sep 6 2011
The investors of bond market got jolted with discount listing of Shriram City Union
The attraction for Bond issue has finally subsided, Uphill task for new bond issue
Muthoot Finance got 35,000 application,
Strong possibility of withdrawal and stop payment worth Rs. 80/85 crore
Most negative atmosphere for the bond issue, laid in pipeline following numerous
Application were reported withdrawn from Muthoot finance and Mannapuram
Mutual Fund market is too impacted badly as the
SBI Gold Scheme, opened on August 22, worth Rs. 800 crore
Could raise merely Rs. 80 crore
via Grey Market Sources
Grey Market Premiums - Sep 6 2011
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| Vaswani Ind. | 49 | Discount |
| SRS Ltd. | 58 | 2 to 2.50 |
| T. D. Power Systems | 256 | 4 to 5 |
| P. G. Electroplast | 190 to 210 | -- |
| Manappuram Finance | 1000 | 7 to 8 |
| Muthoot Finance | 1000 | 10 to 11 |
Markets may open lower
Euro zone debt worries and US recession woes may again drag the Indian markets in the opening trade. The markets will follow global cues for direction
Headlines for the day:
Cabinet clears land acquisition Bill
Maruti's 3rd plant at Manesar to be delayed due to labour & sales woes
Hero Group enters hospitality business
A weak opening on cards on global market jitters
The market is geared for a weak session of trade on weak global cues marred by fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a fall of 41.50 points at the opening bell. However the recent resumption of buying by foreign funds may cap steep fall.
Foreign institutional investors (FIIs) bought shares worth Rs 133.22 crore on Monday, 5 September 2011, as per provisional data from the stock exchanges. Domestic institutional investors (DIIs) bought shares worth Rs 147.23 crore on that day.
Daily News Roundup - Sep 6 2011
Mahindra & Mahindra has raised prices by up to 2% for its entire range of products last month to offset the impact of high raw material rates. (FE)
BHEL has bagged a Rs13bn contract from NMDC for handling raw material at its steel plant at Nagarnar in Chhattisgarh. (BL)
Neyveli Lignite Corporation plans to invest Rs402bn to build power plants in Tamil Nadu, Rajasthan and Uttar Pradesh. (BS)
Sensex shows resilience…Nifty retains 5000
It was a strong show of resilience by the Indian equity markets even as the equities in other parts of the world sank on downbeat US jobs data and concerns over European debt crisis. Turnaround came in the afternoon after a disappointing morning session. Markets even ignored sharp drop in Indian service sector PMI for August.
Indian markets took heart from the recent turnaround in FIIs flows. Foreign investors have been net buyers over the last few sessions after offloading more than US$2bn last month. Moreover, monsoon has been good over the past couple of weeks, raising hope of some softening in food inflation once the new crop comes to the market.
Sensex shows resilience…Nifty retains 5000
It was a strong show of resilience by the Indian equity markets even as the equities in other parts of the world sank on downbeat US jobs data and concerns over European debt crisis. Turnaround came in the afternoon after a disappointing morning session. Markets even ignored sharp drop in Indian service sector PMI for August.
Indian markets took heart from the recent turnaround in FIIs flows. Foreign investors have been net buyers over the last few sessions after offloading more than US$2bn last month. Moreover, monsoon has been good over the past couple of weeks, raising hope of some softening in food inflation once the new crop comes to the market.
Starting trouble!
"I never had a policy; I have just tried to do my very best each and every day." - Abraham Lincoln.
The government is trying to do its best these days. UPA II has been besieged by a spate of corruption cases over the past several months. This has left crucial policy making in a limbo. Lately, the Centre has been able to reverse the drift and has announced some promising measures. The new Land Acquisition Bill is one of them. The arrest of mining barons – the Reddy brothers – is seen as another.
Sensex slips 108 points on global growth worries
After three consecutive sessions of gains, the Indian markets came under pressure today on renewed concerns that the United States may again slip into recession
Major headlines
BF Utilities shoots up on land development deal
India's services sector growth slow in August
Everonn Education hits lower circuit after MD's arrest
BSE Small-Cap, Mid-Cap indices in green
Key benchmark indices edged lower in a volatile trading session as data showing a slowdown in India's services sector growth in August 2011, US recession worries and the ongoing euro-zone debt crisis offset Moody's Investors Services' positive outlook on India's rupee-denominated bonds, a likely fall in inflation due to lower global commodity prices and also due to good monsoon rains and expectations of increase in rural income due to good rains. The 50-unit S&P CNX Nifty regained the psychological 5,000 level after falling below that level in intraday trade. The barometer index BSE Sensex shed 108.13 points or 0.64%, up close to 150 points from the day's low and off close to 50 points from the day's high.
Monday, September 05, 2011
Latest Grey Market Premiums - Sep 5 2011
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| Vaswani Ind. | 49 | Discount |
| Brooks Lab. | 100 | 3 to 4 |
| SRS Ltd. | 58 | 2 to 2.50 |
| T. D. Power Systems | 256 | 4 to 5 |
| P. G. Electroplast | 190 to 210 | -- |
| Manappuram Finance | 1000 | 7 to 8 |
| Muthoot Finance | 1000 | 10 to 11 |
Markets expect a weak opening
The US labour market woes have hit the overall sentiment. Today's opening is likely to be in the red zone tracking negative global cues.
Headlines for the day:
LIC to give 6% annual return on Pension Plus
Firstsource plans to sell US-based MedAssist
Indian IT hiring down 49% in August amid US, Europe crisis
For more news......Click Here
Major corporate action
Brooks Laboratories to list today
Ex-date for dividend of BPCL, Bombay Rayon Fashions
Ex-date for final dividend of Monsanto India, Supreme Industries
Market seen opening weak on subdued global cues
The market is likely to open lower on weak global cues on disappointing US jobs data and sustained worries about the euro zone debt crisis. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a slide of 79 points at the opening bell.
Foreign institutional investors (FIIs) bought shares worth a Rs 1158.38 crore on Friday, 2 September 2011, as per provisional data from the stock exchanges. Domestic institutional investors (DIIs) sold shares worth Rs 346.28 crore on that day.
Daily News Roundup - Sep 5 2011
Under pressure from NTPC to clear dues, Reliance Infrastructure subsidiaries BSES Rajdhani and BSES Yamuna are expected to pay Rs800mn by Monday. (BS)
Maruti Suzuki India has rolled out 150 cars from its Manesar plants with another batch of 125 people joining production operations, even as the impasse between management and workers at the first unit of the facility continues. (ET)
Sensex advances for third straight day
The Indian stock indices closed higher on Friday despite a weak trend across world markets, as market players bet on the nation's strong macro-economic fundamentals even as FII flows are showing some signs of improvement. The NSE Nifty shut shop above the 5000 mark for the first time since August 17. Barring a brief scare in the afternoon, the undercurrent on the domestic bourses was positive throughout the session.
Pressure at start!
In the game of life it's a good idea to have a few early losses, which relives you of the pressure of trying to maintain an undefeated season. - Lee Trevino.
Just when it looked like the Indian market was getting into a groove comes yet another shocker from the offshore markets. Indian equities will face selling pressure early on, tracking Friday’s big fall on Wall Street. US stocks sank after the government’s jobs report re-ignited fears of double-dip recession.
Bullions shine
Gold and silver rise following weak job data
Precious metals shot up on Friday, 02 September, 2011 at Comex. Prices shone following big sell-off at Wall Street following a disappointing job report for the month of August from the Labor Department.
Gold for December delivery rose $47.8 or 2.6%, to end at $1,876.9 an ounce on the Comex division of the New York Mercantile Exchange on Friday. On the week, gold rallied 10%. It rose by $201 or 12% during the month of August.
US stocks slump following disappointing August job report
Stocks register mild weekly losses
US stocks ended with little losses for the week that ended on Friday, 02 September 2011. Aggressive selling on Friday following a disappointing job report extended a slide that started a day before on Thursday. That effectively erased gains staged in the first half of the week, giving the stock market a fractional weekly loss.
Sunday, September 04, 2011
Market to take cues from global equities
On Monday, 5 September 2011, Indian stocks will react to US employment report for August 2011 due on Friday, 2 September 2011. Economists expect US non-farm payrolls to rise by a paltry 46,000 after a less-than-impressive 117,000 rise in July 2011. The unemployment rate is forecast to remain unchanged at 9.1%. The US market remains closed on Monday, 5 September 2011, for the Labour Day holiday.
Markets surge 6% after 5-week fall
The Indian markets had a good time this week as investors went bargain hunting. The Sensex was outperformer of the week
Major news for the week
Q1FY12 GDP at 7.7% versus 9.3% yoy
RBI may hike rates as food inflation hits double digits
Exports rise 82% in July
RBI issues guidelines for new bank licences
India’s PMI falls to 52.6 in August
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