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Monday, April 02, 2012
BSE Bulk Deals to Watch - Apr 2 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 2/4/2012 524448 Ahlcon Par SEWASTUTI FINANCE P.LTD B 51600 420.59 2/4/2012 524448 Ahlcon Par KAILASH RELAN S 41100 420.63 2/4/2012 524448 Ahlcon Par SRIHARI BABU KANCHERLA S 38600 419.13 2/4/2012 512344 Aravali Sec SECURITIES CAPITAL INV.LTD B 79117 11.30 2/4/2012 512344 Aravali Sec ANAND KUMR KESARI S 90005 11.30 2/4/2012 533272 Commercial Engineers RAJEEV GUPTA B 999011 60.00 2/4/2012 533272 Commercial Engineers NEW YORK LIFE INVESTMENT MANAGEMENT INDIA FUND FVCI II LLC S 1007377 60.05
NSE Bulk Deals to Watch - Apr 2 2012
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 02-APR-2012,DHANBANK,Dhanlaxmi Bank Limited,OHM ENTERPRISES,BUY,435532,69.31,- 02-APR-2012,HEIDELBERG,HeidelbergCement (I) Ltd,FIDELITY INVESTMENT SERVICES LIMITED A/C FIDELITY,BUY,1404279,38.70,- 02-APR-2012,IVRCLINFRA,IVRCL Limited,ARCADIA SHARE & STOCK BROKERS PRIVATE LIMITED,BUY,1558393,68.17,- 02-APR-2012,MVL,MVL Limited,PREM ADIP RISHI,BUY,4000000,8.15,- 02-APR-2012,OMKARCHEM,Omkar Spl Chem Ltd,ALMONDZ FINANZ LIMITED,BUY,101728,59.15,- 02-APR-2012,ONELIFECAP,Onelife Cap Advisors Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,105448,322.88,- 02-APR-2012,PONNIERODE,Ponni Sugars (Erode) Limi,Bharat Patel,BUY,1052,113.20,-
Markets end flat on 1st day of FY13
Indian markets closed a volatile session on a flat note on the first trading day of FY13. Sensex ended up by 74 points and nifty rose 22 points. Major Headlines: February imports up 20.7% to $39.8 bln Real estate regulator to make registration compulsory ACL dispatches for March 2012 grew by 12.4% on yoy Maruti Suzuki March sales at 1.25 lakhs: Highest ever in its history M&M March sales up 25%
Coal India slips on buzz UK shareholder to file petition in Indian court
Coal India fell 2.13% at Rs 335.80 at 10:41 IST on BSE on reports The Children's Investment Fund has appointed a law firm to fight its case against the state-run firm and its directors for alleged breach of corporate governance practices. Meanwhile, the BSE Sensex was down 6.49 points, or 0.04%, to 17,397.71. On BSE, 57,000 shares were traded in the counter as against an average daily volume of 6.91 lakh shares in the past one quarter. The stock hit a high of Rs 341.40 and a low of Rs 334.75 so far during the day. The stock had hit a record high of Rs 422.30 on 31 May 2011. The stock had hit a 52-week low of Rs 293.75 on 22 December 2011. The stock had outperformed the market over the past one month until 30 March 2012, gaining 2.99% compared with the Sensex's 1.96% fall. The scrip had also outperformed the market in past one quarter, rising 14.04% as against 12.61% rise in the Sensex.
Sensex, Nifty scale over 1-/2-week highs
Key benchmark indices edged higher reach their highest closing level in over 1-1/2 weeks on the first trading session of Q1 June 2012 and the year ending March 2013 (FY 2013). The market edged higher for the second straight day as mostly higher global stocks aided sentiment. The barometer index, BSE Sensex, was up 73.95 points or 0.42%, off close to 50 points from the day's high and up close to 95 points from the day's low. Tata Motors and M&M gained after reporting strong vehicle sales in March 2012. The Sensex has gained 419.54 points or 2.45% in two trading sessions from a recent low of 17,058.61 on 29 March 2012. The index has surged 2,023.23 points or 13.09% in calendar 2012 so far (till 2 April 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,342.29 points or 15.47%. From a 52-week high of 19,811.14 on 6 April 2011, the Sensex has lost 2,332.99 points or 11.77%. Coming back to today's trade, index heavyweight Reliance Industries (RIL) dropped in choppy trade. Interest rate sensitive banking and realty stocks rose for the second straight day on expectations that the Reserve Bank of India (RBI) will start cutting interest rates in the coming months to prop up slowing economy. Capital goods stocks also gained. Titan Industries jumped over 6% on reports the Directorate General of Foreign Trade has allowed the jewellery retailer to import gold directly for domestic sales. The market breadth was strong. BSE Small-Cap and Mid-Cap indices gained more than 1% each, outperforming the Sensex.
Bright day for precious metals
Gold and silver gain 6.7% and 16% respectively during first quarter Comex gold futures rallied on Friday, 30 March 2012 breaking a three-day losing streak. Gold futures for June delivery rose $17, or 1%, to end the day at $1,671.90 an ounce on the Comex division of the New York Mercantile Exchange. Support on Friday also came from a lower dollar and as buyers came back to the gold market after the recent selloff. That brought quarterly gains of gold to 6.7% in Q1, which follows a 3.4% decline in the fourth quarter of 2011 and yearly gains of 10%. On the month, gold declined 2.3%, as it ended February at $1,711.30 an ounce. May silver rose 50 cents, or 1.5%, to settle at $32.48 an ounce on Friday. On the quarter, silver jumped 16%, which follows three quarters of losses in 2011 and yearly losses of 9.8%. On the month, silver declined 6%.
Red metal gains 11% during first quarter
Copper declines 1.3% on a monthly basis Copper prices at Comex rose on Friday, 30 March 2012 capping its biggest quarterly gain since late 2010, as the dollar weakened and a bullish trend in warehouse stockpiles boosted prices even as investors remained worried about the Chinese demand outlook. May copper futures at Comex gained 3 cents, or 0.8%, to $3.83 per pound on Friday. Quarterly gains for copper reached 11%, after 2011 losses of 23%. Monthly, however, copper declined 1.3%. At London Metal Exchange (LME), benchmark copper closed up $95 (1.1%) at $8,445 a tonne.
Crude inches up
Crude ekes out quarterly gains but incurs monthly losses Crude-oil futures at Nymex inched higher on Friday, 30 March 2012. With Friday's gains, prices managed to recoup at least some of their recent steep losses. Light and sweet crude oil for May delivery rose 24 cents, or 0.2%, to settle at $103.02 a barrel on the New York Mercantile Exchange on Friday. It managed to end the quarter with gains of 4.2%. The quarterly advance follows a 25% increase in the fourth quarter of 2011, and gains of 8.2% for 2011. On the month, oil lost 3.8%, the worst result since September. Disappointing U.S. data, reverberations from a massive weekly increase in supplies, and talk of a release from emergency oil supplies of several developed countries also contributed to the bearish tone that had gripped the oil market most of the week.
Grey Market Premiums - NBCC, MT Educare
ompany Name
|
Offer Price
(Rs.)
|
Premium
(Rs.)
|
Kostak
(Rs. 1 Lac
Application)
|
Kostak
(Rs. 2 Lac
Application)
|
Kostak
(Rs. 5 Lac
Application)
|
REC
|
1000
|
-12 to -15 (Discount)
|
--
|
--
|
--
|
NBCC
|
106
|
3 to 3.50
|
--
|
--
|
--
|
MT Educare Ltd
|
74 to 80
|
5 to 6
|
Market may open slightly lower
Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 13 points at the opening bell. Tata Motors reported a 20% jump in total vehicle sales at 1,00,414 units in March 2012 over March 2011. Mahindra & Mahindra (M&M) posted a 25% increase in sales at 47,001 units in March 2012 over March 2011. Airline stocks and shares of PSU OMCs will be in action as state-owned oil companies on Saturday hiked jet fuel price by about 3%, the third time they have increased rates in March month. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 1,850.96 per kilolitre (kl), or 2.8%, to Rs 67,800.30 per kl from 31 March 2012. Key benchmark indices surged on the last trading session of Q4 March 2012 and the year ended March 2012 (FY 2012) on Friday, 30 March 2012 after Finance Minister Pranab Mukherjee said holders of participatory notes, or P-notes, will have no tax liability in India on the investments they make in the local equity market. The BSE Sensex jumped 345.59 points or 2.03% to settle at 17,404.20, its highest closing level since 21 March 2012.
Daily News Roundup - Apr 2 2012
Reliance Power proposes to take its solar capacity to 300 MW by 2015, with an investment of Rs 60bn. (BL) Syndicate Bank plans to open 200 branches during the 2012-13 fiscal.(BL) Seven years after entering into a 50:50 partnership, Zee group is close to buying out Dainik Bhaskar (DB) Corp from Diligent Media Corporation, which publishes DNA, the daily English language newspaper.(BS) Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital.(BS) Oil and Natural Gas Corporation (ONGC) is to shortly sell stake in its four coal-bed methane (CBM) blocks to companies which have bid for this.(BS)
All is well, at start
The ability to concentrate and to use time well is everything - Lee Iacocca Everything appears fine at start for the day thanks to the overseas cues and positive push last week. Markets broke a five week declining trend post FM announcement that the government does not intend to levy any tax on the holders of participatory notes. However will the respite for bulls continue in this truncated week? The overhang of the GAAR issue continues to persist. Rising crude oil prices and expanding current account deficit also remains a major dampener for the investors. In the coming week watch out for the FII flows, which have tapered off due to confusion over GAAR. Results will be important as well, and so will be the data on IIP and inflation. The RBI meet on April 17 will be the biggest event for our market. The talk of a fuel price hike continues to loom over the investors and traders mind for quite sometime now. The remaining Budget session will be a stormy affair if indeed there is a fuel price hike. Global markets might remain choppy and rangebound in the absence of big-ticket catalysts.
Markets to see green on the first trading day of FY13
Headlines for the day M&M March sales up 25% R-Power plans over Rs6K cr investment in Rajasthan Aviation sector contributes 0.5% of GDP Govt allows Titan to import gold directly Oil cos may lose Rs2 lakh cr in fuel sales this fiscal FII inflows into Indian stocks touch $9 bn this year Events for the day Monthly auto sales and cement dispatches Release of import and export data
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