Search Now

Recommendations

Saturday, June 30, 2012

SAIL


 SAIL

India Property Sector


 India Property Sector

VA Tech Wabag


 VA Tech Wabag 

Market gains for fourth week in a row


Key benchmark indices surged after European Union (EU) leaders agreed on a growth and bank recapitalization plan for Europe which is designed to alleviate the worst of the current debt crisis gripping euro-zone. The market sentiment also improved after the government said Prime Minister Dr. Manmohan Singh who took charge of the finance ministry on Wednesday, 27 June 2012, is chalking out plan for the country's economic revival. The barometer index, BSE Sensex, regained psychological 17,000 level. The Sensex gained in four out of five trading sessions of the week that ended on Friday, 29 June 2012. The Sensex and the Nifty gained for the fourth week in a row. Volatility was high during the week as traders rolled over positions from June 2012 series to July 2012 series. The June 2012 derivatives contracts expired on Thursday, 28 June 2012.

Market jumps as euro-zone debt worries ease after EU growth, bank plan


Key benchmark indices jumped on the last trading session of the month after European Union (EU) leaders agreed on a growth and bank recapitalization plan for Europe which is designed to alleviate the worst of the debt crisis gripping euro-zone. The barometer index, BSE Sensex, surged past the psychological 17,000 level. The Sensex attained its highest closing level in more than 10 week. The 50-unit S&P CNX Nifty attained its highest closing level in 10-weeks. The Sensex jumped 439.22 points or 2.59%, up 295.37 points from the day's low and off 18.50 points from the day's high. The market breadth was strong. All the 13 sectoral indices on BSE were in the green. Index heavyweight Reliance Industries advanced. The Sensex jumped 1,211.45 points or 7.46% in June 2012 (till 29 June 2012). The barometer index has gained 1,975.06 points or 12.77% in calendar 2012 so far (till 29 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,294.12 points or 15.15%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 1,701.72 points or 8.89%.

Thursday, June 28, 2012

NTPC


NTPC

Reliance and India Economy


 Reliance and India Economy

Dena Bank


 Dena Bank 

Mindtree


 Mindtree 

LIC Housing Finance


 LIC Housing Finance 

Dividend Yield Stocks


 Dividend Yield Stocks 

BSE Bulk Deals to Watch - June 28 2012


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 28/6/2012 524412 Aarey Drugs LEADAGE TRADING PRIVATE LIMITED B 110790 25.49 28/6/2012 524412 Aarey Drugs LEADAGE TRADING PRIVATE LIMITED S 76446 25.50 28/6/2012 532682 ABG Shipyard NIPPON INVESTMENT AND FINANCE COMPANY PRIVATE LIMITED B 498000 361.93 28/6/2012 532682 ABG Shipyard BARCLAYS CAPITAL MAURITIUS LIMITED S 530000 358.84 28/6/2012 531560 Aroma Enterprises UMESH GIRDHARILAL BARALIYA B 25000 12.00 28/6/2012 531560 Aroma Enterprises SHREE MALLIKARJUN TRAD INVEST PRIVATE LIMITED S 25000 12.00

NSE Bulk Deals to Watch - June 28 2012


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 28-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,GAJANAN ENTERPRISES,BUY,78380,47.08,- 28-JUN-2012,BALKRISIND,Balkrishna Ind. Ltd,FRANKLIN TEMPLETON INVESTMENT FUNDS,BUY,1270000,240.00,- 28-JUN-2012,BALKRISIND,Balkrishna Ind. Ltd,PRUDENTIAL ICICI TRUST A/C-ICICI PRUDENTIAL DYNAMIC PLAN,BUY,1250000,240.00,- 28-JUN-2012,BALKRISIND,Balkrishna Ind. Ltd,RELIANCE CAPITAL TRUSTEE CO LTD A/C RELIANCE LONG TERM EQUIT,BUY,500000,240.00,- 28-JUN-2012,BALKRISIND,Balkrishna Ind. Ltd,SBI MUTUAL FUND A/C MSFU-EBF-81,BUY,1153081,240.00,- 28-JUN-2012,BALKRISIND,Balkrishna Ind. Ltd,TEMPLETON MUTUAL FUND A/C FRANKLIN INDIA FLEXICAP FUND,BUY,600000,240.00,-

Green for the 3rd straight day; Markets end flat


After facing modest gains for two consecutive days, the key benchmark indices closed today's June F&O expiry day with a marginal rise. The Sensex closed 23 points higher while the Nifty advanced 7 points. Major Headlines: Brigade Ent soars on signing JV with Singapore firm SBI cuts interest rate on loans to exporters Axis Bank slips on huge volumes e-Payment compulsory for PSUs from July 1: Fin Ministry

Market ekes out small gains


Key benchmark indices edged higher after the government said Prime Minister Dr. Manmohan Singh who took charge of the finance ministry on Wednesday, 27 June 2012, is chalking out plan for the country's economic revival. The barometer index, BSE Sensex, settled below the psychological 17,000 mark, having alternately moved above and below that level in intraday trade. The market breadth was positive. The Sensex rose 23 points or 0.14%, off close to 40 points from the day's high and up about 70 points from the day's low. Volatility was high as traders rolled over positions from the near-month June 2012 series to July 2012 series. The June 2012 derivatives contracts expired today, 28 June 2012. Index heavyweight Reliance Industries declined. Gas distribution major GAIL (India) lost on profit booking after recent rally. Interest rate sensitive banking stocks were mostly lower. Software pivotals were mostly higher. Truck major Tata Motors recovered in late trade. Private sector aluminium major Hindalco Industries reversed intraday gains triggered by the company reporting strong financial performance for the year March 2012 after trading hours on Wednesday.

Wednesday, June 27, 2012

India Strategy - Earnings


 India Strategy - Earnings

Titan Industries


 Titan Industries

BSE Bulk Deals to Watch - June 27 2012


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 27/6/2012 532682 ABG Shipyard NIPPON INVESTMENT AND FINANCE COMPANY PRIVATE LIMITED B 280369 364.91 27/6/2012 533163 Arss Infra Proj GAJANAN ENTERPRISES B 94501 45.05 27/6/2012 533163 Arss Infra Proj GAJANAN ENTERPRISES S 117448 45.05 27/6/2012 533163 Arss Infra Proj CHETAN RASIKLAL SHAH S 104520 45.05

NSE Bulk Deals to Watch - June 27 2012


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 27-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,CHETAN RASIKLAL SHAH,BUY,75022,45.05,- 27-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,GAJANAN ENTERPRISES,BUY,133421,45.02,- 27-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,SVS SECURITIES PVT. LTD.,BUY,76019,45.05,- 27-JUN-2012,CEBBCO,Commercial Eng & Co. Ltd,SS CORPORATE SECURITIES LIMITED,BUY,200,86.95,- 27-JUN-2012,CEBBCO,Commercial Eng & Co. Ltd,UNITED AIR PRODUCTS P LTD,BUY,299699,86.84,- 27-JUN-2012,ELNET,Elnet Tech. Ltd,KAMALA KETHINENI,BUY,20000,48.20,- 27-JUN-2012,ELNET,Elnet Tech. Ltd,SURENDRA KUMAR SONI,BUY,29816,47.25,- 27-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,BUY,2117071,84.89,- 27-JUN-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,BUY,5486761,12.38,- 27-JUN-2012,THINKSOFT,Thinksoft Global Ser Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,116236,83.04,- 27-JUN-2012,ZEELEARN,Zee Learn Limited,ORANGE MAURITIUS INVETMENTS LTD,BUY,1332035,23.00,- 27-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,CHETAN RASIKLAL SHAH,SELL,150005,45.05,- 27-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,GAJANAN ENTERPRISES,SELL,53310,45.05,- 27-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,SVS SECURITIES PVT. LTD.,SELL,50018,45.05,- 27-JUN-2012,CEBBCO,Commercial Eng & Co. Ltd,SS CORPORATE SECURITIES LIMITED,SELL,300200,86.84,- 27-JUN-2012,ELNET,Elnet Tech. Ltd,SAR AUTO PRODUCTS LIMITED,SELL,29752,48.64,- 27-JUN-2012,ELNET,Elnet Tech. Ltd,SURENDRA KUMAR SONI,SELL,28116,46.91,- 27-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,SELL,2117071,84.92,- 27-JUN-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,SELL,5470261,12.40,- 27-JUN-2012,THINKSOFT,Thinksoft Global Ser Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,SELL,116236,83.01,-

IT, power generation stocks advance


Key benchmark indices edged higher in choppy trade on hopes the government will speed up its long-awaited reforms program after Prime Minister Manmohan Singh took additional charge of the finance ministry after Pranab Mukherjee on Tuesday resigned as finance minister to contest the presidential polls next month. The barometer index, BSE Sensex, settled below the psychological 17,000 mark, having alternately moved above and below that mark in intraday trade. The Sensex advanced 61.18 points or 0.36%, up 36.96 points from the day's low and off 61.51 points from the day's high. The market breadth was positive. Software pivotals were mostly higher on upbeat data on housing market in the United States. Metal stocks rose on speculation China will introduce additional economic stimulus. Index heavyweight Reliance Industries (RIL) moved into positive zone from negative zone in late trade. Shares of public sector oil marketing companies (PSU OMCs) were mostly lower on reports PSU OMCs are likely to slash the price of petrol due to falling international crude oil prices. Truck major Tata Motors fell on reports that a top-level government panel has recommended an overhaul of the diesel subsidy system. Interest rate sensitive banking stocks were mostly higher.

Tuesday, June 26, 2012

Daily News Roundup - June 26 2012


The merger proposal of Anil Agarwal promoted Vedanta Resources flagship firms Sesa Goa and Sterlite Industries managed to scrape through after a large number of votes were found invalid at the court-convened meeting. (ET) The government has asked Reliance Industries to sign agreements to increase supply of natural gas from KG-D6 fields to urea manufacturing units of IFFCO and Indo Gulf Fertilizer. (ET) LKP Finance, a Mumbai-based non-banking financial services company has acquired optionally convertible debentures worth Rs1.6bn of Kingfisher Airlines which will translate into an equity stake of up to 8% upon conversion. (ET)

Assumptions go awry!


Incorrect assumptions lie at the root of every failure. Have the courage to test your assumption. - Brian Tracy. It was assumed that something big lay in store as the FM himself had indicated. However, the RBI’s package to shore up the battered rupee failed to impress the markets. Top government officials are talking of more economic measures in the days to come. Stick to a cautious approach given the weakened domestic fundamentals and worsening global climate. Meanwhile, the Finance Ministry will turn headless from today, as Pranab Mukherjee braces for the presidential polls. Who takes charge of this crucial ministry could have a bearing on the sentiment temporarily. What eventually will matter is the kind of policy action that UPA II opts for to revive the comatose economy. The start today is likely to be sedate in the wake of a steep selloff in ‘western’ markets.

Markets may continue negative trend


The Indian markets may begin the trade on a lower note led by negative global peers. SGX Nifty is trading 11 points higher. Events for the day: Ex-date for dividend of JMT Auto. Ex-date for right issue of National Oxygen.

Market seen opening slightly higher


Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 4.50 points at the opening bell. Asian markets were trading lower on Tuesday as investors remained skeptical that the European leaders summit later this week will produce any substantial measures to solve the region's debt crisis. Adani Ports And Special Economic Zone's board of directors at its meeting held on 25 June 2012 had approved the re-appointment of Mr. Gautam S. Adani as a Managing Director of the company for a further period of five years with effect from 1 July 2012 Key benchmark indices dropped in choppy trade on Monday as Reserve Bank of India's announcement of measures to attract greater foreign investment in government bonds and increase in the total amount that Indian companies can borrow by way of external commercial borrowing (ECB), fell short of investors' expectations. The BSE Sensex lost 90.35 points or 0.53% to settle at 16,882.16, its lowest closing level since 19 June 2012.

NSE Bulk Deals to Watch - June 25 2012


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,Bharat Patel,BUY,152000,40.58,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,CHETAN RASIKLAL SHAH,BUY,79664,40.50,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,GAJANAN ENTERPRISES,BUY,139338,40.91,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,HRIDAYNATH CONSULTANCY PRIVATE LIMITED,BUY,403650,40.48,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,YES EQUITIES PRIVATE LIMITED,BUY,156403,40.66,- 25-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,BUY,5073073,84.15,- 25-JUN-2012,PEARLPOLY,Pearl Polymers Ltd,AMIT SETH,BUY,332000,9.55,- 25-JUN-2012,SURYALAXMI,Suryalakshmi Cotton Mills,Gandiv Investment Pvt Ltd,BUY,72500,61.37,- 25-JUN-2012,THINKSOFT,Thinksoft Global Ser Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,53450,72.42,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,Bharat Patel,SELL,152000,40.15,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,CHETAN RASIKLAL SHAH,SELL,67134,40.58,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,GAJANAN ENTERPRISES,SELL,119357,40.44,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,IFCI LTD.,SELL,850000,40.63,- 25-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,YES EQUITIES PRIVATE LIMITED,SELL,11142,40.32,- 25-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,SELL,5073073,84.19,- 25-JUN-2012,PEARLPOLY,Pearl Polymers Ltd,PEARL APARTMENTS LTD,SELL,325000,9.54,- 25-JUN-2012,THINKSOFT,Thinksoft Global Ser Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,SELL,53450,72.63,-

Thumbs down to RBI again; Sensex slips below 17K


Markets witnessed a complete turnaround in trade today and ended in red due to measures announced by the government to boost dollar inflows. Markets slipped and ended in red with Sensex falling 90 points and Nifty down by 31 points. Major Headlines: RBI takes steps to boost economy by raising ECB limits India rating stable despite challenges: Moody's RIL surges on buyback of equity shares Shareholders OKs Sesa Goa, Sterlite merger deal

Market loses ground as RBI's latest measures disappoint


Key benchmark indices dropped in choppy trade as Reserve Bank of India's announcement of measures to attract greater foreign investment in government bonds and increase in the total amount that Indian companies can borrow by way of external commercial borrowing (ECB), fell short of investors' expectations. Weakness in world stocks also hit sentiment adversely. World stocks dropped on Monday, 25 June 2012, as investors grew concerned that a key European summit later this week to deal with the ongoing euro-zone debt crisis may not come up with strong measures to resolve euro-zone debt woes. Intraday volatility was high as the barometer index the BSE Sensex settled below the psychological 17,000 mark, which it had crossed in opening trade. The BSE Sensex was down 90.35 points or 0.53%, off 248.99 points from the day's high and up 29.11 points from the day's low. Index heavyweight Reliance Industries (RIL) reversed intraday gains. The market breadth was positive.

SGX Nifty Live Update - June 26 2012


5117.75 -4.75 (-0.09%)

Monday, June 25, 2012

HDIL


 HDIL

GSPL


 GSPL

Reliance Industries


 Reliance Industries 

Crude ends higher but stays below $80/barrel


Prices register weekly losses of more than 5% Crude prices at Nymex ended higher on Friday, 22 June 2012. Prices rose due to a low dollar. Prices also rose as traders mulled over the fact that recent losses in crude price were overdone and that prices will head up from here. Oil briefly touched its lowest in 18 months, before bouncing back, and European stocks fell. Light and sweet crude oil for August delivery rose $1.56, or 2%, to end at $79.76 a barrel on the New York Mercantile Exchange. Prices stayed below $80 for most of the session, capping a week that set prices back 5.4%.

Beat Inflation with Good Investment


 Beat Inflation with Good Investment

DLF - Sell


 DLF - Sell 

India Battery Sector


 India Battery Sector

Coal India, Reliance Industries, Banks, Strategy


 Coal India, Reliance Industries, Banks, Strategy

Reliance Power


 Reliance Power

India Monsoon Watch


 India Monsoon Watch

Daily News Roundup - June 25 2012


Hotel Leelaventure Ltd is planning to shed some of its properties and be an ‘operator/manager’ in its future expansion projects. (BL) The Odisha Government will soon transfer about 2,000 acres to South Korean Posco to begin work on its US$12-bn project near Paradip in Odisha, stuck for seven years now. (BL) CIL has hiked the prices by an average of 10-15 % for non-coking coal mined from selected blocks in Western Coalfields. (BL)

Yes Bank


 Yes Bank 

Farewell fix from FM


And by the way, everything in life is writable about, if you have the outgoing guts to do it, and the imagination to improvise...- Sylvia Plath. Outgoing Finance Minister Pranab Mukherjee has promised measures to restore investor confidence in the Indian economy and rescue the sliding rupee. The Prime Minister too has vowed to lift the sagging Indian economy from the current gloom. He has also assured positive movement action on the policy front. So, it remains to be seen what new measures the Government and/or the RBI announce this week to check the freefall in the rupee. Markets will also be keen to know as to who would take charge of the Finance Ministry once Pranab Mukherjee moves to Rashtrapati Bhavan.

India Strategy - June 25 2012


 India Strategy - June 25 2012

Markets may open lower on weak Asian cues


Tracking losses in the Asian stocks, the Indian markets may begin the trade on a lower note. SGX Nifty is also trading 26.50 points lower. Events for the day: Ex-date for bonus issue of 8K Miles Software Services, Info Edge (India). Ex-date for final dividend of Granules India.

Market seen opening lower on weak Asian stocks


Market may kickstart trading for the week on a subdued note on negative Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 26 points at the opening bell. Asian markets edged lower on Monday as concerns about the global economy and the debt crisis in Europe continued to weigh on investor sentiment. State-run Coal India (CIL) has reportedly hiked the prices by an average of 10-15% for non-coking coal mined from selected blocks in Western Coalfields. The increase in the prices came into effect from midnight of 21 June 2012. Larsen & Toubro is reportedly looking to raise $400-500 million by selling stake in its infrastructure development subsidiary-L&T Infrastructure Development Projects.

SGX Nifty Live Update - June 25 2012


5160.75 -11.50 (-0.22%)

Friday, June 22, 2012

Sensex fails to hold 17,000


Key benchmark indices snapped three-day winning streak after state-run India Meteorological Department (IMD) cut the expected quantum of total rainfall in the country for 2012. The barometer index, BSE Sensex, fell below the psychological 17,000 mark, a day after regaining that mark on Thursday, 21 June 2012. The Sensex shed 60.05 points or 0.35%, off 43.55 points from the day's high and up 164.71 points from the day's low. The market breadth was negative. Weakness in global stocks also weighed on sentiment. The Sensex has risen 753.98 points or 4.64% so far in this month (till 22 June 2012). The barometer index has gained 1,517.59 points or 9.81% in calendar 2012 so far (till 22 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1,836.65 points or 12.13%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 2,159.19 points or 11.28%.

CCI Order on Cement Companies


 CCI Order on Cement Companies

India Infrastructure


 India Infrastructure

Sesa Goa


Sesa Goa

Ranbaxy


 Ranbaxy

Reliance Capital, India Media, India Economy


 Reliance Capital, India Media, India Economy

Daily News Roundup - June 22 2012


Tatas-owned Land Rover said it has tied up with the UK-based racing vehicle maker Bowler to supply technologies and jointly brand the latter’s products. (BL) Order backlog is expected to ease with Honda Motorcycle and Scooter India (HMSI)’s third plant in Karnataka set to commence operations next year. (BL) The Competition Commission of India (CCI) has levied a penalty of over Rs63bn on 11 cement companies for price cartelisation. (BL)

Sensex ends above 17k...Nifty tops 5150


The benchmark Indian stock indices ended with smart gains on Thursday, extending its winning streak to a third straight trading session. After consolidating in the first half, the markets galloped in the mid afternoon trades on the back of short-covering and fresh buying in Banking and Real Estate shares. Capital Goods, Power and PSU shares also accelerated. However, sustained weakness in index heavyweights Reliance Industries and TCS kept the gains in check. The market participants cheered a sharp drop in crude oil prices. Oil futures trading in New York declined to the lowest level in eight months after US stockpiles unexpectedly swelled and the Federal Reserve cut its outlook on the world's largest economy. In addition, a report today signaled that China’s manufacturing will shrink for an eighth straight month in June. The BSE Sensex ended at 17,032 gaining by 0.8% or 136 points. It had earlier touched a day’s high of 17,050 and a day’s low of 16,799. It opened at 16,855.

Frantic Friday


"Life is mostly froth and bubble, Two things stand like stone, Kindness in another's trouble, Courage in your own" - Adam Lindsay Gordon The froth seems to be coming off now. Crude oil has plunged and so has safe haven gold. US dollar appears to be the king right now. Despite a bailout for Spanish banks and a favourable Greek election, uncertainties abound about the Eurozone debt crisis. The troublesome Europe has gradually taken toll on US and China, two largest economies of the world. Markets are clamouring for fresh round of stimulus from the central banks.

Gap-down opening likely on weak global cues


The markets head towards a negative opening on account of weak global markets. SGX Nifty is also trading 59 points lower. Events for the day: Ex-date for bonus issue of 8K Miles Software Services, Info Edge (India). Ex-date for final dividend of Granules India.

SGX Nifty Live Update - June 22 2012


5122.00 -53.25 (-1.03%)

Sensex, Nifty scale 7-week highs as FIIs resume buying


Key benchmark indices edged higher for the third straight trading session and attained seven-week closing highs after data showed resumption of buying of Indian stocks by foreign institutional investors on Wednesday, 20 June 2012. The barometer index, BSE Sensex, moved past the psychological 17,000 level. The Sensex jumped 135.93 points or 0.8%, up close to 235 points from the day's low and off about 20 points from the day's high. Banking, realty and capital goods stocks led the rally. Bank shares rose after Financial Services Secretary D.K. Mittal said India is very well poised to tackle a global economic crisis and played down concerns over the health of state-run banks. From a recent low of 16,705.83 on 18 June 2012, the Sensex has risen 326.73 points or 1.95% in three trading sessions. The Sensex has risen 814.03 points or 5.01% so far in this month (till 21 June 2012). The barometer index has gained 1,577.64 points or 10.2% in calendar 2012 so far (till 21 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1,896.70 points or 12.53%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 2,099.14 points or 10.97%.

Thursday, June 21, 2012

Retirement Calculator


Are you planning for your retirement?

Here is a neat calculator that would help you find out how much you have to invest now.


Retirment Calculator


Are you planning for your retirement?

Here is a neat calculator that would help you find out how much you have to invest now.


HDIL - Overweight


 HDIL - Overweight

Recent IPO Listings - Review



Co. Name
BSE
Code
Offer
Price
Listing
Date
Listing
Price
Prakash Constrowell
533605
138
4-10-11
145.00
RDB Rasayans
533608
79
7-10-11
85.00
Tijaria Polypipes
533629
60
14-10-11
62.00
One Life Capital
533632
110
17-10-11
115
Flexituff International
533638
155
19-10-11
155
Taksheel Solutions
533639
150
19-10-11
157.40
M & B Switchgears
533644
186
20-10-11
180.00
Vaswani Industries
533576
39.20
24-10-11
33.45
Indo Thai Securities
533676
74
2-11-11
75.00
MCX
534091
1032
9-3-2012
1387
BCB Fin. (SME Platform)
534109
25
13-3-2012
27.00
Olympic Cards Limited
534190
30
28-3-2012
29.95
NBCC
534309
106
12-4-2012
100.00
M.T. Educare
534312
80
12-4-2012
86.05
Samvardhana Motherson Fin.
--
113 to 118

Withdrawn
Tribhovandas Bhimji Zaveri
534369
120
9-5-2012
115.00
Plastene India Ltd.

81 to 84

Withdrawn
Monarch Health (BSE � SME)
534422
40
30-5-2012
42.00
Speciality Restaurant
534425
150
30-5-2012
153.00

SKS Microfinance - 128 Target


 SKS Microfinance - 128 Target

Economy Ratings - Standard and Poor, Fitch


 Economy Ratings - Standard and Poor, Fitch

Daily Market Strategy - June 21 2012


 Daily Market Strategy - June 21 2012

Market seen opening lower on weak global cues


The market is likely to see a negative start on negative Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 22.50 points at the opening bell. Asian markets declined on Thursday as the US Federal Reserve did not signal a third round of quantitative easing. Telecom stocks may see action ahead of today's Empowered Group of Ministers (EGoM) meeting to decide on the base price for the 2G spectrum auction. The base price of Rs 3622 crore per MHz (Mega Hertz) recommended by sector regulator Trai was roundly criticised by telecom operators, after which the Telecom Commission sought a regulatory report on the base price's impact on tariffs. Key benchmark indices edged higher for the second straight trading session on Wednesday, 20 June 2012, as world stocks rose on the back of upbeat US housing data and on prospects of more monetary easing by the Federal Reserve. The BSE Sensex advanced 36.83 points or 0.22% to settle at 16,896.63, its highest closing level since 15 June 2012.

Daily News Roundup - June 21 2012


The top four cement makers — ACC, Ambuja Cement, UltraTech Cement and Shree Cement — may have to shell out Rs21.98bn, if the Competition Commission of India (CCI) charges a penalty of eight per cent on the average turnover of the last three years.(BL) Tata group is developing an electric car that is expected to be priced below US$20,000in partnership with France’s Dassault Systemes.(BL) Max India, has shelved plans to build a five-star hotel in Noida’s premium Delhi One project over concerns that upcoming hotels in the city would lead to a glut of upmarket rooms, according to people close to the development.(ET) The ministry of defence (MoD) has chosen a private sector consortium to compete with Bharat Electronics Ltd (BEL), to develop a backbone communications network for the 21st century battlefield. The project is worth an estimated Rs.100bn. (BS)

Twisting and turning


What separates the winners from the losers is how a person reacts to each new twist of fate. - Donald Trump. The Federal Reserve may not have delivered a QE3 but the so-called "Operation Twist" plan - aimed at keeping rates low - has been extended to the end of the year. It was due to end this month. On the flip side, the Fed has scaled down its projections of GDP growth and inflation while warning that unemployment will stay largely elevated. US markets closed virtually flat at the end of a choppy session. European markets were encouraged by Bank of England minutes that showed that some of the policymakers were inclined to consider fresh QE. There were also reports that the eurozone bailout fund could be used to buy bonds of troubled members. The same were denied later.

Markets may see a lower opening


Weak Asian cues may drag the Indian markets in the opening trade. SGX Nifty is also trading 17 points lower. Events for the day: Results: Bharat Electronics, Indraprastha Gas. Headlines for the day: AI loses around Rs500 cr, extends contingency plan till July. SBI to reduce lending rates to exporters soon. Reliance Life Insurance launches online life cover plan. EGoM to discuss spectrum price today.

SGX Nifty Live Update - June 21 2012


5106.50 -25.50 (-0.50%)

Sensex ekes out modest gains…Cement shares recover


Indian stock indices closed with slender gains in a rather dull session, as investors chose to remain cautious ahead of the important announcement by the Federal Reserve. The broader market out-performed the frontline indices today, leading to a positive market breadth. However, the Nifty managed to climb up and close above 5100 for a second straight day. The BSE Sensex ended at 16,840 gaining by 0.2% or 37 points. It had earlier touched a day’s high of 16,962 and a day’s low of 16,840. It opened at 16,903. The NSE Nifty settled at 5120 up by 16 points or 0.3%. It touched a day’s low of 5,100 and day’s high of 5,142. ACC, Sterlite Industries, HCL Tech, Tata Motors, Jindal Steel, Dr Reddy’s, Sesa Goa, Tata Power and JP Associates were the notable gainers on the Sensex and the Nifty today.