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Monday, September 26, 2011

Pidilite Industries


Pidilite Industries

Bajaj Corp


Bajaj Corp

Jaiprakash Associates, Marico, Reliance Infrastructure, Unitech, Lanco Infratech, HCL Technologies, India Pharma, India Banking


Jaiprakash Associates, Marico, Reliance Infrastructure, Unitech, Lanco Infratech, HCL Technologies, India Pharma, India Banking

Mindtree, India Banks


Mindtree, India Banks

CESC


CESC

Cement Sector


Cement Sector

Sliding INR


Sliding INR

Coal India - Buy, Reliance Industries - Hold


Coal India - Buy, Reliance Industries - Hold

DLF, Eros International, Pharma


DLF, Eros International, Pharma

VA Tech Wabag


VA Tech Wabag

BEML


BEML

BSE Bulk Deals to Watch - Sep 26 2011


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
26/9/2011 524606 Beryl Drugs GLOBALWORTH SECURITIES LIMITED B 105001 12.75
26/9/2011 524606 Beryl Drugs GOVIND GURJAR B 30500 12.75
26/9/2011 524606 Beryl Drugs BERYL SECURITIES LTD B 51600 12.75
26/9/2011 524606 Beryl Drugs AILISH TRADERS PRIVATE LIMITED S 97963 12.76
26/9/2011 524606 Beryl Drugs ADDO CONSTRUCTIONS PVT LTD S 133547 12.76

NSE Bulk Deals to Watch - Sep 26 2011


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
26-SEP-2011,GITANJALI,Gitanjali Gems Limited,JAIWANTI MERCANTILES PRIVATE LIMITED,BUY,440000,346.26,-
26-SEP-2011,GRAVITA,Gravita India Limited,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,117966,441.93,-
26-SEP-2011,GRAVITA,Gravita India Limited,VICKY RAJESH JHAVERI ,BUY,85537,450.03,-

Commodity market turmoil pushes Sensex 111 points lower


After showing some recovery during the day, the Indian markets fell again and closed the volatile session on a lower note

Major headlines

Dr Reddy, JB Chemicals scrap proposed Russian deal

Titan Industries slips as gold prices fall

Gold, Silver decline on recession fears

EIH, EIH Associate spurts on new takeover code

Coal India falls as workers to strike on October 10

Finance Ministry considers trimming STT

Sensex slumps 6.1% in four days as FIIs step up selling


Key benchmark indices dropped for the fourth day in a row to hit one-month closing lows as fears of weak Q2 September 2011 results and data showing heavy selling by foreign funds recently, weighed on investor sentiment. The market was volatile. The market breadth was weak. The barometer index BSE Sensex settled above the psychological 16,000 mark, having alternately swung above and below that mark in intraday trade. The Sensex lost 110.96 points or 0.69%, up close to 260 points from the day's low and off close to 160 points from the day's high.

Daily News Roundup - Sep 26 2011


The Mines Ministry has said NMDC’s foray into steel making is not in the best interest of mineral development and utilisation. (BS)

IVRCL Assets and Holdings Limited, is in the process of signing an MOU for developing a Rs1bn automated multi-level car parking terminal in Kenya (BS)

Cairn Energy will have to fork out about US$1.5bn as tax for its stake sale deal with Vedanta Resources in Cairn India. (BL)

Sensex turns lower again after brief relief


Another attempt by the key Indian stock indices to bounce back into positive terrain came a cropper with the BSE Sensex and the NSE Nifty failing to reverse the day's gains. The Sensex and the Nifty briefly turned positive in the mid afternoon trade but retraced back soon. The recovery could not last long as the European indices gave up some of the early morning's gains.

At 03:03 pm (IST), the BSE Sensex was trading at 16,221, down 139 points or 0.85% over the last close.

Waiting to be transformed!


"..A truly stable system expects the unexpected, is prepared to be disrupted, waits to be transformed." - Tom Robbins.

After a tumultuous week and a nervous weekend, market participants can at least look forward to a stable opening. The US and European stock indices managed to claw their way back on Friday. But on the week markets across the globe were down substantially. Asian markets too seem to be struggling to stage a meaningful comeback. Hence, one must be careful and guarded in approaching the markets in the near term.

Markets may open in green


The Indian markets are expected to see some green in the opening trade on supportive global cues.

Headlines for the day:

Maruti ramps up Swift production

Job growth to slow down in non-IT sectors

Omaxe scraps Rs80,000-cr housing project

Market seen opening sideways


Trading of S&P CNX Nifty on the Singapore stock exchange indicates a gain of 7 points at the opening bell. Asian stocks today, 26 September 2011, extended last week's heavy losses triggered by worries about global economic outlook. Volatility is expected to rise this week as traders roll over positions in the futures & options (F&O) segment from the near-month September 2011 series to October 2011 series. The September 2011 derivatives contracts expire on Thursday, 29 September 2011.