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Wednesday, February 08, 2012

SpiceJet Ltd


SpiceJet Ltd

NHAI Listing News


What should the 20% and 30% tax bracket folks do?

India Telecom Sector


India Telecom Sector

India Cements


India Cements

Adani Power


Adani Power

Bharti Airtel


Bharti Airtel

It's neck and neck!


Bull vs Bear!

Vote Now on the Poll which on the right top of this page

Hindustan Unilever, Pidilite Industries


Hindustan Unilever, Pidilite Industries

Manappuram Finance Ltd


Manappuram Finance

Mahindra and Mahindra


Mahindra and Mahindra

Canara Bank Ltd


Canara Bank

BSE Bulk Deals to Watch - Feb 8 2012


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
8/2/2012 507852 Addi Inds-$ ALKYONE REALTORS PRIVATE LIMITED B 390000 3.87
8/2/2012 507852 Addi Inds-$ YAMUNOTRI FINANCIAL P.LTD. S 390000 3.87
8/2/2012 531560 Aroma Enterprises BIPIN HARILAL GANDHI S 28200 10.37
8/2/2012 531448 ARROW SECURI BHARAT DALSUKHRAI KAMDAR B 85080 13.70
8/2/2012 531448 ARROW SECURI NIRAV PRAVINCHANDRA SHAH B 62500 13.60
8/2/2012 531448 ARROW SECURI DINESHKUMAR HARIBHAI PATEL S 62500 13.60
8/2/2012 531448 ARROW SECURI AMBUSINH PUNJAJI GOL S 82640 13.71
8/2/2012 531420 BMB Music VXL FINANCE PRIVATE LIMITED B 49900 4.90

NSE Bulk Deals to Watch - Feb 8 2012


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
08-FEB-2012,BEDMUTHA,Bedmutha Indust Ltd,JAYNEEL SECURITIES PRIVATE LIMITED,BUY,28215,30.01,-
08-FEB-2012,BEDMUTHA,Bedmutha Indust Ltd,NITIN BABAJI PALANDE,BUY,115771,30.25,-
08-FEB-2012,ICICIBANK,ICICI Bank Ltd.,GOLDMAN SACHS INVESTMENTS MAURITIUS I LTD,BUY,6465783,924.00,-
08-FEB-2012,IFCI,IFCI Ltd.,ADROIT SHARE & STOCK BROKER PVT. LTD.,BUY,3715013,33.55,-
08-FEB-2012,IVRCLINFRA,IVRCL Limited,ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED,BUY,1464827,55.74,-

SBI February 2012 futures at discount


F&O turnover rises

Nifty February 2012 futures were at 5394.75, at a premium of 26.60 points compared to spot closing of 5368.15. Turnover on NSE's futures & options (F&O) segment rose to Rs 122040.93 crore from Rs 119562.86 crore on Tuesday, 7 February 2012.

State Bank of India (SBI) February 2012 futures were at 2169, at a discount compared to spot closing of 2178.10.

Tata Steel February 2012 futures were at 451.80, near spot closing of 451.40.

Nifty scales 27-week closing high on buying by FIIs


Key benchmark indices edged higher amid volatility in the second half of the trading session. The 50-unit S&P CNX Nifty attained its highest closing level in 27 weeks. The barometer index, BSE Sensex, attained its highest closing level in more than 14-1/2 weeks. The Sensex,advanced 84.87 points or 0.48%, off close to 100 points from the day's high and up about 120 points from the day's low. Data showing sustained buying of Indian stocks by foreign institutional investors (FIIs) boosted sentiment. BSE Small-Cap and Mid-Cap indices outperformed the Sensex.

The Sensex has gained 513.77 points or 2.98% in February 2012 so far. The barometer index has surged 2,252.40 points or 14.57% in calendar 2012 so far. From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,571.46 points or 16.98%. From a 52-week high of 19,811.14 on 6 April 2011, the Sensex has lost 2,103.82 points or 10.61%.

Patel Engineering


Patel Engineering

BGR Energy Systems


BGR Energy Systems

PFC, Marico, Prakash Industries


PFC, Marico, Prakash Industries

Coal India Ltd


Coal India

India Strategy - Feb 8 2012


India Strategy - Feb 8 2012

AIA Engineering


AIA Engineering

Grey Market Premiums - IRFC - Hudco - PFC


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Kostak

(Rs. 1 Lac

Application)

Kostak

(Rs. 5 Lac

Application)

NHAI

1000

40 (Buyer)

--

--

PFC (Bond)

1000

23 to 24 (Buyer)

--

--

Hudco

1000

3 (Seller)

--

--

IRFC

1000

18 (Buyer)

--

--


Markets expect higher opening


The Indian markets are likely to begin the session on a positive note tracking higher global stocks. Uncertainty may remain over European debt issues

Headlines for the day

RBI gives banks more power on customers' overseas loans
SBI eyes higher profits in FY12, plans expansion abroad
Oil Min rejects RIL's gas price hike plan: Sources
Temasek to sell 1.4% in ICICI Bank
Net direct tax mop-up rises 9% at Rs 3.46 lakh-cr in Apr-Jan
EGoM nod to extra 1 MT sugar export, basmati rice MEP slashed

Crude pares earlier weakness and ends higher


Low dollar and geo political concerns help prices move up

Crude prices pared earlier weakness and ended higher on Tuesday, 07 February 2012 at Nymex. Prices ended higher as rose as the dollar slipped and after Greece reportedly neared a deal that would pave the way to more international financial aid to the embattled euro-zone country. Geo political tensions also played a role in prices moving up.

Light and sweet crude for March delivery rose $1.5(1.6%) to $98.41 a barrel on the New York Mercantile Exchange on Tuesday. Prices rose to a high of $99.13 and fell to a low of $95.84 during intra day trading. Prices fell 1.7% last week. Prices fell 0.4% for the month of January.

Market may open higher on firm Asian stocks


The market may open higher on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 17 points at the opening bell. Bharti Airtel, ONGC, Power Grid Corporation of India and Tech Mahindra unveil Q3 results today, 8 February 2012.

Singapore state investor Temasek Holdings is reportedly selling 1.38% stake in ICICI Bank. Temasek held 3.98 crore shares of ICICI Bank, or 3.46% as of 31 December 2011, via its unit Allamanda Investments Pte

GMR Infrastructure announced after market hours on Tuesday that net profit jumped 344.06% to Rs 75.98 crore on 196.79% rise in total income to Rs 429.04 crore in Q3 December 2011 over Q3 December 2010.

Adani Power


Adani Power

Spicejet


Spicejet

Chennai Petroleum


Chennai Petroleum

SKS Microfinance


SKS Microfinance

Daily News Roundup - Feb 8 2012


Jindal Steel and Power plans to spend US$300mn on developing new and existing mines in Africa to meet raw material demand. (ET)

Mahindra & Mahindra said it has closed the second phase of booking for its latest sports utility vehicle XUV500 and has received over 25,000 orders in a period of 10 days. (ET)

Kingfisher is in talks with Reliance Industries to use its infrastructure and logistics support to transport imported jet fuel from ports to airports and deliver it to the aircraft. (ET)

Tuesday phenomenon ends...Sensex snaps 5-day rally


After five weeks, the Tuesday phenomenon has come to an end. The Indian equity indices ended with modest losses as traders preferred to book some profits following the recent rally.

The main benchmarks retreated from their intraday highs in the afternoon trade after the Government's advance estimate for FY12 showed that GDP is likely to grow by less than 7%. Although the numbers are not surprising, they certainly gave market players an excuse to step back after a five-week winning streak.

The Government today released it's advance GDP estimate for the year ending on March 31, 2012. India's GDP is expected to expand by 6.9% in FY12 as against a healthy 8.4% in the last two years. The Indian economy had expanded by a modest 6.7% in FY09 in the wake of the global financial crisis.

If only…


To create more positive results in your life, replace ‘if only’ with ‘next time.’ – Anonymous.

If only the rally could continue like the five previous weeks when the frontline indices had galloped on Tuesdays. That wasn't the case on Tuesday with the Sensex and the Nifty breaking a five-session winning streak.

The start today will be sedate at best. Asian markets are mostly up while the US and Europe stocks pared losses overnight. Reports point to some progress in talks to save Greece from a default. Also, Fed chief Bernanke has reiterated his readiness for more stimulus if the need arises. One must remain on guard after a sharp and swift rally.

Bullions add glaze


Precious metals rise as dollar slips and Greece nears a deal finalization

Yellow metal prices ended higher for first time in three days on Tuesday, 07 February 2012 at Comex. Both gold and silver rose as the dollar slipped and after Greece reportedly neared a deal that would pave the way to more international financial aid to the embattled euro-zone country. Part of the rally in precious metals on Tuesday is attributed to Fed Chairman Ben Bernanke telling the U.S. Senate that despite last Friday's stronger-than-expected U.S. jobs report, the U.S. economy remains overall weaker than many realize.

Gold for April delivery ended higher by $23.5 or 1.4%, to end at $1,748.4 an ounce on the Comex division of the New York Mercantile Exchange on Tuesday. It overcame a weak start, picking up momentum as the dollar turned lower on the Greek reports. Higher crude price also attributed to the rise. Last week, gold gained 0.5%.

SGX Nifty Live Update - Feb 8 2012


5376.25 +15.00 (+0.28%)