Sunday, December 18, 2011
Indian bourses are expected to remain highly volatile with a downward bias in the week ahead, but may see a positive opening on Monday after witnessing a steep fall last week, according to analysts.
"Markets will be highly volatile with a downward bias this week. A combination of global news on the euro zone crisis, currency fluctuation and foreign funds investment will determine the market trend through the week," IIFL President - Retail Broking Prashanth Prabhakaran said.
Billionaire investor Rakesh Jhunjhunwala, whose long-term bets have earned him popular titles such as 'the big bull', now faces a lot of red in his portfolio.
Since December 1, as the market benchmark declined 6%, stocks that Jhunjhunwala owns have lost up to 30%. VIP Industries, a big chunk of the billionaire's portfolio, led the list with the maximum notional loss of 30.5%.
Other losers include Provogue India, Subex and Reliance Broadcast Network, Aptech and Delta Corp, all of which are down 16-25%. Broadly, Jhunjhunwala's entire portfolio is in the red, with 25 out of 28 stocks analysed by ET recording a decline in December.
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
16-DEC-2011,BEDMUTHA,Bedmutha Indust Ltd,ARISTRO CAPITAL MARKETS PRIVATE LIMITED,BUY,120000,41.69,-
16-DEC-2011,KWALITY,Kwality Dairy (India),EPOCH SYNTHETICS PVT LTD,BUY,1030000,32.60,-
16-DEC-2011,PARAPRINT,Paramount Printpack Ltd,BP FINTRADE PRIVATE LIMITED,BUY,354125,4.84,-
16-DEC-2011,PARAPRINT,Paramount Printpack Ltd,MULTIPLIER S AND S ADV PVT LTD,BUY,200037,4.80,-
16-DEC-2011,PARAPRINT,Paramount Printpack Ltd,SHAILESH LAVAJIBHAI GOHEL,BUY,250000,4.86,-
16-DEC-2011,BARTRONICS,Bartronics India Limited,RELIGARE FINVEST LTD,SELL,300000,22.82,-
16-DEC-2011,BIRLACOT,Birla Cotsyn (India) Limi,JITENDRA B SALECHA HUF,SELL,16000000,0.25,-
16-DEC-2011,EMAMIINFRA,Emami Infrastructure Ltd,SHOPARNA BROTHERS PRIVATE LIMITED,SELL,175000,19.69,-
16-DEC-2011,KWALITY,Kwality Dairy (India),EPOCH SYNTHETICS PVT LTD,SELL,12000,33.10,-
16-DEC-2011,PARAPRINT,Paramount Printpack Ltd,BP FINTRADE PRIVATE LIMITED,SELL,478195,4.84,-
16-DEC-2011,PARAPRINT,Paramount Printpack Ltd,MULTIPLIER S AND S ADV PVT LTD,SELL,300044,4.96,-