Monday, March 26, 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
26/3/2012 531161 ABM Knowledge AEGIS TRANSPORTATION PRIVATE LIMITED B 150000 79.00
26/3/2012 531161 ABM Knowledge LIPSITA PROPERTIES PVT. LTD. S 150000 79.00
26/3/2012 590114 Arunjyoti Enterprises DHRUV SAWHNEY B 40000 25.60
26/3/2012 590114 Arunjyoti Enterprises PUKHRAJ HANJARIMAL MEHTA S 40000 25.60
26/3/2012 509053 Banas Finance VORA FINANCIAL SERVICES PRIVATE LIMITED S 698000 16.05
26/3/2012 512608 Bhandari Hos REKHA UPESH SHAH B 57089 35.75
26/3/2012 512608 Bhandari Hos ALPESH DINESHBHAI KANABAR B 80000 35.09
26/3/2012 512608 Bhandari Hos VALUE PLUS SHARES N SECURITIES PRIVATE LIMITED S 65001 35.00
26/3/2012 512608 Bhandari Hos ALPESH DINESHBHAI KANABAR S 80000 35.75
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
26-MAR-2012,AMLSTEEL,AML Steel Limited,GAJANAN ENTERPRISES,BUY,74859,11.50,-
26-MAR-2012,ARSHIYA,Arshiya International Ltd,CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAP,BUY,923403,135.75,-
26-MAR-2012,IVRCLINFRA,IVRCL Limited,ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED,BUY,1601421,59.70,-
26-MAR-2012,IVRCLINFRA,IVRCL Limited,DAMANI MANMOHAN,BUY,1438557,59.36,-
26-MAR-2012,IVRCLINFRA,IVRCL Limited,JAY PROPERTIES PVT LTD,BUY,2900000,59.46,-
The Indian bourses witnessed yet another drastic fall in today's trade with Nifty closing below the crucial 5200 mark and Sensex plunging 309 points.
RIL drops on E&P concerns
Realty Sector drops on stamp duty hikes
Gammon Infra receives the letter of award
MT Educare, promoted by Mahesh R. Shetty, is one of the leading coaching services providers in Maharashtra, with primary operations in Mumbai. The company is an education support and coaching services provider for students in the secondary and higher secondary school and for students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.
Key benchmark indices reached their lowest closing level in eight weeks on reports the adoption of the new tax norms viz. the General Anti-Avoidance Rules (GAAR) which come into effect from 1 April 2012, could affect FII investments through the Mauritius tax haven and through participatory notes (P-notes) route. Also dampening sentiments were concerns of high crude oil prices and its adverse impact on already high fiscal deficit of the government. The barometer index, BSE Sensex, lost 308.96 points or 1.78%, off about 325 points from the day's high and up close to 30 points from the day's low. The market breadth was weak. All the 13 sectoral indices on BSE in the red. All the 30 stocks from the Sensex pack declined.
Index heavyweight Reliance Industries (RIL) edged lower. Interest rate sensitive banking declined on fears banks' bad loans could increase in a slowing economy. Auto stocks dropped on worries increase in vehicle prices following a hike in excise duty in Union Budget 2012-13 will dampen demand. IT pivotals edged lower in volatile trade. Power generation stocks saw across the board slide. Cigarette maker ITC slipped on profit booking.
(Rs. 1 Lac
(Rs. 2 Lac
(Rs. 5 Lac
1 to 1.50 (Seller)
Olympic Cards Ltd.
30 (Flore Price)
-1 to -1.50
90 to 106
13 to 14
MT Educare Ltd
74 to 80
7 to 7.50
The Indian bourses may open on a negative note on account of mixed global cues.
Headlines for the day
Maruti hikes prices of cars by up to Rs17K.
KFA to pay only Rs 10 cr dues till Mar-end.
L&T General Insurance bullish on growth in FY13.
Tata Comm gears up for Cable & Wireless Worldwide bid battle.
GAIL mulls doubling capacity of Dabhol LNG terminal.
Events for the day
Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 28.50 points at the opening bell. Asian markets edged lower on Monday on fears of the impact of an economic slowdown in China.
Maruti Suzuki India has reportedly increased the prices of its vehicles by up to Rs 17,000 pe unit following the hike in excise duty in the Budget 2012-13. Maruti Suzuki chairman R C Bhargava on Saturday, 24 March 2012, said the company will invest Rs 1700 crore to set up a new diesel-engine plant in Gurgaon to cater to the rising demand for cheaper fuel vehicles. The new plant will initially produce 1.50 lakh diesel engines and the plans are to double production by 2014, Bhargava said.
Reliance Retail plans to raise up to US$900mn from its parent company, Reliance Industries, to accelerate store openings and grow aggressively in select formats. (ET)
Maruti Suzuki India has increased the prices of its vehicles by up to Rs17,000 following the hike in excise duty in the Budget. (ET)
Dr Reddys Laboratories is all set to launch the generic antipsychotic drug Seroquel in the US market this week with Britain’s drug firm AstraZeneca, which earned US$5.83bn on the drug, set to lose its patent on the product on March 26. (ET)
Sensex top gainers: The top gainers in the Sensex were Hindustan Unilever (up 3.3%), Hero Motocorp (up 3.1%), ITC (up 2.9%), Ambuja Cements (up 2.7%) and Bharti Airtel (up 2.6%).
Sensex losers: The top losers in the Sensex were Hindalco (down 6.7%), Reliance Power (down 6.7%), Reliance Infra (down 6%), Tata Power (down 5.6%) and Maruti Suzuki (down 4.9%).
The BSE IT Index (up 0.4%):The top gainers in the IT sector were Mahindra Satyam (up 16.4%), Oracle Financial (up 5.3%), Patni Computer (up 3.1%), Sasken Communication (up 1.6%) and TCS (up 1.3%).
Be not afraid of growing slowly, be afraid only of standing still.- Chinese Proverb.
The Nifty came tantalizingly close to breaking below its 200-DMA recently but managed to rebound on the back of steady FII inflows. However, the threat of the main indices slipping below the key technical barrier remains in place.
In the meantime, the rupee has suffered a fresh setback amid concerns about elevated oil prices and its impact on India’s external account. FII inflows have been fairly solid throughout this year owing to easy money policies being pursued by central banks in the developed world. But, doubts persist regarding the sustainability of this trend going forward.
Gold gains on a weekly basis while silver slips
Gold futures rebounded on Friday, 23 March 2012 from sharp losses in the prior session, tacking on nearly $20 an ounce to finish higher for the week as a decline in the U.S. dollar fed a broad rally in commodity markets. Weakness in the dollar, which makes dollar-denominated commodities such as gold more attractive for holders of other currencies, contributed to gains as well as to strength across a broad spectrum of commodities on Friday.
Gold for April delivery rose $19.90, or 1.2%, to settle at $1,662.40 an ounce on the Comex division of the New York Mercantile Exchange, its highest settlement price since Monday. Prices ended 0.4%, or $6.60, higher for the week.
Iran's oil export data and weak dollar push up prices
Crude futures closed higher at Nymex on Friday, 23 March 2012 buoyed by concerns about global supplies following a report of a drop in Iranian oil exports, as traders digested the week's economic data, searching for hints on the prospects for demand. Weak dollar also affected prices.
Light and sweet crude oil for May delivery rose $1.52, or 1.4%, to settle at $106.87 a barrel on the New York Mercantile Exchange. Prices ended the week 0.2% lower versus the week-ago close for the April contract, which was the front-month contract last Friday. April crude closed at $107.06 a week ago.