Daily Market Report - Nov 9 2011
Tuesday, November 08, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
8/11/2011 512161 8K Miles Software SURENDRA MANGALDAS MARFATIA B 60000 46.89
8/11/2011 512161 8K Miles Software BHAVINI VIJAYKUMAR SHAH S 37000 47.11
8/11/2011 590006 Amrutanjan Health-$ CROSSEAS CAPITAL SERVICES PRIVATE LIMITED B 41160 832.76
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
08-NOV-2011,ALKALI,Alkali Metals Limited,HEENA GANDHI,BUY,67000,45.25,-
08-NOV-2011,AMRUTANJAN,Amrutajan Health Ltd,A.P.T. PORTFOLIO PRIVATE LIMITED,BUY,32282,831.05,-
08-NOV-2011,AMRUTANJAN,Amrutajan Health Ltd,AJAY ASSET MANAGEMENT PRIVATE LIMITED,BUY,39361,833.65,-
Nifty November 2011 futures were at 5311, at a premium of 21.65 points over spot closing of 5,289.35. Turnover on NSE's futures & options segment declined to Rs 82073.20 crore from Rs 93428.60 crore on Friday, 4 November 2011.
State Bank of India (SBI) November 2011 futures were at 2014.90, at a premium over spot closing of 2001.
Key benchmark indices ended marginally higher on Tuesday as index heavyweight Reliance Industries (RIL) inched up in volatile trade. The barometer index BSE Sensex and the 50-unit S&P CNX Nifty attained their highest closing level in more than a week. The Sensex rose 6.92 points or 0.04%, off close to 63 points from the day's high and up about 114 points from the day's low. The market breadth was positive. Investors were cautious ahead of a vote in Italy that will show whether Prime Minister Silvio Berlusconi has enough support to stay in power and implement austerity measures.
After a long-weekend, the Indian markets are set for a positive start following gains in Asia and US
Headlines for the day
Maruti's Manesar workers apply for re-registration of union
ONGC board okays acquisition of ADB stake in Petronet
NTPC to raise capacity to 128,000MW by 2032
TVS Motor to invest in West Bengal plant
Motherson Sumi to seek shareholder nod for QIP
Axis Bank said it continues to be bullish on lending to small industries despite concerns over asset quality coupled with doubtful macroeconomic situation and is targeting to grow the book by up to 25 % each over the next two years.(ET)
State Bank of India said a bank officers' body has deferred a two-day nationwide strike it had earlier called for, restoring normal operations at the bank. (ET)
Reliance Power has tied up funds for its 40 MW solar power project, with loans worth Rs5.25bn coming from the Asian Development Bank and the US Exim Bank.(ET)
Indian equity benchmarks managed moderate gains but retreated from intraday highs, as investors turned a bit wary ahead of a crucial confidence vote in Greek parliament amid mounting anxiety over the fate of the highly indebted eurozone nation.
Market players were also awaiting the outcome of the G20 summit in Cannes (France) later today where the eurozone debt crisis is the main topic of discussions among world leaders. US monthly jobs data is also due out before the opening bell on Wall Street.
Dwelling on the negative simply contributes to its power. - Shirley MacLaine
Greece may appear to be getting its house in order but Italy is giving the jitters now.
Prime Minister Silvio Berlusconi has denied reports of his resignation. Borrowing costs in Italy fired up with the yield on the 10-year note hitting record highs of 6.68%.
Crude Oil prices rose on Monday on elevated concerns about Iran's nuclear program and on hopes that a new Greek government will allow Europe to contain its debt crisis.
Stock in news:
No word from government on petrol price hike rollback: Hindustan Petroleum Corporation Limited ( HPCL).
Maruti's Manesar workers apply for re-registration of union..
NTPC to raise capacity to 128,000MW by 2032.
Gold manages to eke out weekly gains
Precious metals ended lower on Friday, 04 November 2011 at Comex. Mixed bag of economic data and strong dollar pushed prices lower in a market where also traders retorted to profit booking after bullions' recent rally.
Gold for December delivery ended lower by $9.4 or 0.5%, to end at $1,755.7 an ounce on the Comex division of the New York Mercantile Exchange on Friday. For the week, gold gained 0.5%. For the month of October, gold gained 6.3%. It registered a rise of 8% for the third quarter ending September.
Prices register 1% weekly gains
Crude prices traded lower for most part of the day on Friday, 04 November at Nymex. Prices pared earlier losses at the end and managed to end marginally higher going into close. Mixed bag of economic data and strong dollar pushed prices lower earlier during the day.
Light and sweet crude for November delivery rose $0.19 (0.4%) to $94.26 a barrel on the New York Mercantile Exchange on Friday. For the week, crude gained 1%. For the month of October, oil futures gained 18%. During the third quarter ending in September, crude incurred losses of 17%. It was the worst quarterly performance for crude in almost two years.