Tuesday, October 11, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
11/10/2011 531560 Aroma Enterprises JAIN BABITA B 49300 72.16
11/10/2011 506027 Bhoruka Alum SHREE BHUVANAKARAM TRADINVEST PRIVATE LIMITED B 202671 9.23
11/10/2011 506027 Bhoruka Alum SHREE BHUVANAKARAM TRADINVEST PRIVATE LIMITED S 202671 9.14
11/10/2011 511672 Clarus Finance BRAHAMPUTRA ENTERPRISES LTD S 90000 66.70
11/10/2011 532180 DHANLAK BANK CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED B 599697 58.91
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
11-OCT-2011,AMRUTANJAN,Amrutajan Health Ltd,RAHUL DOSHI,BUY,19334,789.40,-
11-OCT-2011,APPAPER,Andhra Pradesh Paper,TRINITY INFRATECH.PVT.LTD,BUY,200000,162.80,-
11-OCT-2011,ATLASCYCLE,Atlas Cycles (Haryana) Lt,RAHUL DOSHI,BUY,26908,350.12,-
11-OCT-2011,DCB,Development Credit Bank L,PRAKASH K SHAH SHARES & SECURITIES PVT. LTD,BUY,1126237,40.02,-
Today’s decline was led by losses in the technology stocks, with the Sensex falling by 21 points and the Nifty declining by 5 points at the close
Dhanlaxmi Bank tumbles as questions raised over business operations
Telecom stocks surge after Kapil Sibal unveils new telecom policy
Goa Carbon advances on better Q2 numbers
Denso India shoots up on re-structuring plans
Key benchmark indices edged lower amid intraday volatility as European stocks declined and US index futures edged lower ahead of a parliamentary vote in Slovakia on changes to the euro zone's rescue fund and ahead of the release of minutes from the Federal Reserve's latest meeting. The market snapped two-day winning streak. The 50-unit S&P CNX Nifty settled below the psychological 5,000 mark, having alternately swung above and below that level in intraday trade. The barometer index BSE Sensex lost 20.76 points or 0.13%, off close to 235 points from the day's high and up about 25 points from the day's low. The market breadth was positive. Small-cap and mid-cap indices rose on BSE rose.
The market may extend last two days' 4.8% rally on firm Asian stocks. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a gain of 40.50 points at the opening bell. Asian stocks on Tuesday, 11 October 2011, extended recent strong gains triggered by easing of euro-zone debt worries. Euro-zone debt worries have eased after assurances from French and German leaders over the weekend that they will do everything necessary to support Europe's banks.
Telecom stocks will be in focus after the government on Monday, 10 October 2011, draft of the new telecom policy. The new policy seeks to do away with roaming charges--a fee users pay for operating mobile phones outside their home territories, and aims to issue telecom licenses and spectrum bandwidth separately rather than bundling them, as is now the practice. The new policy also proposes to sell bandwidth at market-determined prices. A major point of controversy after the 2008 spectrum sale was the government pricing of the frequencies.
Hopes that the European leaders are finally taking action to protect the continent's banks from its festering sovereign debt crisis have been driving the sentiments. Today’s start is likely to be on a strong note.
Headlines for the day:
UB Holdings to raise borrowing power
Maruti cuts output at Gurgaon plant
Wipro to take on Godrej in men's soap segment
Government may soon free interest rates
MRF eyes cos abroad to offset high duty
BHEL has bagged a Rs40.7bn contract for a 1,200 MW thermal power project in Andhra Pradesh. (BL)
MRF said its turnover for the first time has crossed Rs100bn in one year, becoming the first Indian tyre maker to achieve this mark, and announced plans to acquire plantations or companies abroad to neutralise the impact of high import duty on rubber. (ET)
Tata Steel will invest £2mn in creating a facility to manufacture jacket foundation structures for wind turbines at its Hartlepool tube plant in the UK, a move that will step up its presence in the renewable energy market. (BL)
Indian equity markets kicked off new trading week on a solid note, with the main indices ending near day's high, as investors welcomed an agreement between the leaders of Germany and France to strengthen European banks. The NSE Nifty finished above the 4950 mark while the BSE Sensex ended over the 16,500 levels owing to all-round buying. Both the indices gained 2% each, notwithstanding mixed cues from US and Asian markets.
Benchmark Indian stock indices started the day near session lows. But, from then on there was no looking back as they went from strength to strength led by strength in Realty, IT, Oil & Gas and Telecom stocks. The Mid-Cap and the Small-Cap stocks too witnessed smart gains.
Life is a series of natural and spontaneous changes. Don't resist them - that only creates sorrow. Let reality be reality. Let things flow naturally forward….- Lao Tzu.
It’s been raining gains on every street for few days. News that France and Germany have worked out a plan to deal with the region’s debt problems, including recapitalisation of banks has done the trick so far. The details of the proposed plan will be out by the end of this month.
The plan will be presented to world leaders at the G20 meeting in Cannes Nov. 3 and 4. Some people are still a bit skeptical about the much-hyped program. Understandable, as a number of measures taken earlier haven’t worked well.
Prices brighten as dollar falters
Precious metals ended substantially higher on Monday, 10 October 2011 at Comex. Prices rose as investors turned their focus back to commodities and the US dollar dropped considerably lower.
Gold for December delivery rose $35 or 2.1%, to end at $1,670.8 an ounce on the Comex division of the New York Mercantile Exchange on Monday. Prices rose to a high of $1,676.7 during intra day trading. For the month of September, gold shed 11%. It registered a rise of 8% for the third quarter ending September.