Monday, December 05, 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
05-DEC-2011,AUTOIND,Autoline Industries Limit,JAINAM INVESTMENTS,BUY,121960,109.20,-
05-DEC-2011,BEDMUTHA,Bedmutha Indust Ltd,NITIN BABAJI PALANDE,BUY,209355,45.30,-
05-DEC-2011,ECEIND,ECE Industries Limited,BLUEBIRD MERCANTILES PVT LTD,BUY,70000,96.36,-
05-DEC-2011,ECEIND,ECE Industries Limited,PAT Financial Consultants Pvt Ltd,BUY,70000,98.06,-
05-DEC-2011,EXCELINFO,Excel Infoways Limited,ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED,BUY,300000,10.10,-
It turned out to be a volatile Monday, with the Sensex closing 42 points lower and the Nifty down by 11 points.
Headlines for the day
India’s services sector rebounds in November
Stone India executes MOU with German firm; stock gains
Retail shares tumble after govt puts FDI on pause
Praj Industries accelerates as board approves buyback
Nifty December 2011 futures were at 5072.25, at a premium of 33.10 points compared to spot closing of 5039.15. Turnover on NSE's futures & options (F&O) segment declined to Rs 88751.86 crore from Rs 113536.82 crore on Friday, 2 December 2011.
State Bank of India (SBI) December 2011 futures were at 1902, at a discount compared to spot closing of 1916.
Key benchmark indices snapped a three-day rally in a volatile trading session today (5 December 2011) as investors booked profit. Trading volumes were light as market remains closed on Tuesday, 6 December 2011, on account of Moharum. The BSE Sensex fell 41.50 points or 0.25%, up about 114 points from the day's low and off close to 58 points from the day's high. The market breadth was positive.
Index heavyweight Reliance Industries (RIL) trimmed losses in volatile trade. FMCG stocks declined. Metal stocks dropped on weak economic data in China, the world's largest consumer of copper and aluminum. Capital goods stocks gained. IT stocks were mixed after a strong economic data in US. Shares in Indian retailers fell after reports the government had paused on plans to open up the country's $450 billion retail sector to foreign supermarkets.
Koutons Retail India has shut 150 more shops, mostly of its casual menswear brand Charlie Outlaw, as part of its ongoing reorganization to meet the conditions of the corporate debt-restructuring package approved by the Reserve Bank. (ET)
Emami Group has bought 850 acres of prime real estate in a countrywide property expansion binge and has spent more than Rs2bn to buy land in Hyderabad, Chennai, Coimbatore, Jhansi and Kolkata for developing up-market large scale residential and commercial complexes. (ET)
Reliance Infrastructure is evaluating projects in Vietnam, Turkey, Oman and Nepal as it seeks to build a portfolio of US$1.5bn in two years and expand its footprint beyond India. (ET)
What a day to end the week! Frontline Indian stock indices finished with a big flourish, ending near the day’s high after opening at day’s low. The way morning session went hardly anyone would have bet on a second-half rally. But, markets have their own way of surprising investors. Today was one such day.
In the process, the Indian market capped one of its best weeks in recent memory. The BSE Sensex and the NSE Nifty notched their first weekly gains in five, notwithstanding a plethora of bad news. The Sensex is now close to 17,000 and the Nifty is back above the psychological 5,000 mark. Part of the bounce this week could be attributed to short covering as traders covered their bearish bets.
Constant repetition carries conviction. - Robert Collier
If only we could have a repeat of last week, which was particularly good one for Indian stocks. Tuesday’s trading holiday will make movement choppy with a slightly negative bias. The opening is set to be lower. Asian markets are quite subdued following a flat finish on Wall Street on Friday. European indices did close with decent gains.
Retail stocks will be in focus amid reports that the Centre has put the proposed opening of retail to FDI in cold storage. The parliament, which has been paralysed during the ongoing winter session, will resume on Wednesday. It is likely to be a stormy affair yet again.
Better than expected job report help prices rise
Crude prices remained volatile for most part of the day on Friday, 02 December 2011 at Nymex. Prices ended modestly higher but off their session highs. Prices gained following a better than expected job report at Wall Street on Friday. Prices also rose on hopes of more central bank stimulus measures ahead of the euro zone summit.
Light and sweet crude for January delivery rose $0.76 (0.8%) to $100.96 a barrel on the New York Mercantile Exchange on Friday. Prices rose to a high of $101.56 during intra day trading. For the week, crude gained 4.3%. For the month of November, oil futures gained 7.7%.
The market may open lower as most Asian stocks declined. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 32.50 points at the opening bell. The market remains closed on Tuesday, 6 December 2011 on account of Moharum.
Key benchmark indices gained for the third straight day to hit more than 2-week highs on Friday, 2 December 2011 on firm European stocks and higher US index futures. The 50-unit S&P CNX Nifty index regained psychological 5,000 mark. The BSE Sensex was up 363.38 points or 2.2% to 16,846.83, its highest closing level since 15 November 2011.
Yellow metal registers first weekly gains in three weeks
Precious metals ended mixed on Friday, 02 December 2011 at Comex. Gold prices ended higher despite a strong dollar. Silver fell. Yellow metal prices rose on hopes of more central bank stimulus measures ahead of the euro zone summit. Gold and silver were trading up as much as 1.6% and 3.0% respectively before the rally in the dollar wiped away their strong gains.
Gold for February delivery ended higher by $11.5 or 0.7%, to end at $1,751.3 an ounce on the Comex division of the New York Mercantile Exchange on Friday. For the week, gold gained 3.9%. It was first weekly gain for gold in three weeks.
Today’s opening is likely to be on a negative note on the back of unsupportive global cues. Investors await for cues from Europe on austerity measures.
Headlines for the day
Bank of India buys 51% in Bharti Axa MF
DLF divests stake in IDFC JV, gets Rs 200cr as 1st tranche
Cosmetics, soaps to get pricey as rupee skids
GMR Infra may expand Petronas agreement
SRF to invest Rs 1,400 cr in diversification
Events for the day
New Listing: GPT Infraprojects