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Tuesday, April 03, 2012

India Pharma


India Pharma

United Spirits


United Spirits

BSE Bulk Deals to Watch - Apr 3 2012


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 3/4/2012 590114 Arunjyoti Enterprises PIYUSH PUKHRAJ MEHTA B 30000 22.05 3/4/2012 590114 Arunjyoti Enterprises DHRUV SAWHNEY S 30000 22.05 3/4/2012 590122 Ashika Credit Cap MADHU AGARWAL B 40000 50.00 3/4/2012 590122 Ashika Credit Cap PRAVEEN AGGARWAL B 40000 50.00 3/4/2012 590122 Ashika Credit Cap SCOPE VYAPAR PRIVATE LIMITED S 153243 50.00 3/4/2012 512149 Avance Tech B M TRADERS B 4911211 0.26 3/4/2012 512149 Avance Tech VORA FINANCIAL SERVICES PRIVATE LIMITED B 13085452 0.26 3/4/2012 512149 Avance Tech VORA FINANCIAL SERVICES PRIVATE LIMITED S 11785452 0.26 3/4/2012 512149 Avance Tech B M TRADERS S 8319205 0.26

NSE Bulk Deals to Watch - Apr 3 2012


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 03-APR-2012,ASSAMCO,Assam Company India Ltd,DUNE LEASING AND FINANCE LTD,BUY,15488048,7.20,- 03-APR-2012,INVENTURE,Inventure Gro & Sec Ltd,ASHROJ CREDIT INDIA PRIVATE LIMITED,BUY,97989,328.67,- 03-APR-2012,IVRCLINFRA,IVRCL Limited,JAY PROPERTIES PVT LTD,BUY,3390513,69.41,- 03-APR-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,BUY,6512486,16.55,- 03-APR-2012,NEHAINT,Neha International Ltd,HITEN MEHTA B,BUY,103585,53.55,- 03-APR-2012,PDUMJEPULP,Pudumjee Pulp & Paper ,HALAN PROPERTIES PRIVATE LIMITED,BUY,370000,16.46,- 03-APR-2012,STEL,Sentinel Tea and Exp Ltd,CARNIWAL INVESTMENTS LIMITED,BUY,350000,13.00,-

Markets rise for 3rd day; Sensex ends 119 points higher


Indian markets maintained its uptrend for third straight day and closed the rangebound session in positive terrain. The Sensex ended with 119 points gain and the Nifty rose 41 points. Major Headlines: Govt cuts import tariff value of gold to $539 BHEL FY-12 profit rises to Rs6,868 cr Few banks cut home loan rates; Realty stk up Aviation stk boom on report of foreign airlines likely to pick up stake

Sensex, Nifty near two-week closing highs


Key benchmark indices logged gains for the third consecutive trading session, with data showing buying of Indian stocks by foreign institutional investors (FIIs) for the second day in a row supporting sentiment. The barometer index BSE Sensex, and the 50-unit S&P CNX Nifty attained their highest closing level in almost two weeks. The Sensex jumped 119.27 points or 0.68%, off 66.68 points from the day's high and up 27.41 points from the day's low. Ten of the 13 sectoral indices on the BSE logged gains. Foreign institutional investors (FIIs) bought shares worth Rs 245.94 crore on Monday, 2 April 2012, as per provisional data from the stock exchanges. Their inflow totaled Rs 1208.59 crore in two sessions on 30 March 2012 and 2 April 2012, as per provisional data from the stock exchanges. The Sensex has gained 538.81 points or 3.15% in three trading sessions from a recent low of 17,058.61 on 29 March 2012. The index has surged 2,142.50 points or 13.86% in calendar 2012 so far (till 3 April 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,461.56 points or 16.26%. From a 52-week high of 19,811.14 on 6 April 2011, the Sensex has lost 2,213.72 points or 11.17%.

Manappuram Finance


Manappuram Finance

Coal India - Target 411


Coal India - Target 411

Bhel gains as provisional FY 2012 PAT rises 14.25%


Firmness persisted on the domestic bourses in afternoon trade as European markets opened higher. The market breadth was strong. The barometer index, BSE Sensex, was up 151.79 points or 0.87%, off 22.78 points from the day's high and up 59.67 points from the day's low. Index heavyweight Reliance Industries (RIL) rose more than 2%. Power equipment maker Bharat Heavy Electricals (Bhel) rose close to 3% after the company reported good provisional results for the year ended March 2012 (FY 2012). Interest rate sensitive realty stocks rose for the third straight day on reports some banks have cut home loan rates for new borrowers, sparking hope of increased property sales in the country. Auto and IT stocks were mixed. The market edged higher to hit its highest level in more than 1-1/2 weeks in early trade. The market pared gains in volatile trade later. The Sensex surged to fresh intraday high in mid-morning trade. The market held firm in early afternoon trade. Firmness continued n afternoon trade.

Muthoot Finance


Muthoot Finance

Mindtree


Mindtree

Daily News Roundup - Apr 3 2012


Marico is eyeing a five % stake sale to fund its Rs.6bn acquisition of Paras Pharmaceuticals' personal care portfolio.(BS) Rejecting chairman Vijay Mallya’s assurances, Kingfisher Airlines’ staff have threatened to stop work from tomorrow night, if the airline does not disburse at least two months salaries.(BS) Indian Oil Corp (IOC) said its refineries have recorded the highest ever crude processing of 55.6 million tonnes (mt) during 2011-12, surpassing the previous best of 53.0 mt achieved in the previous year.(BS) BEML Limited is moving forward in the aerospace vertical as part of the expansion of its defence business and has begun work on an aerospace manufacturing division at SEZ near the Bangalore International Airport, Devanahalli.(BS)

Positive start for FY13…Nifty ends above 5300


The Indian stock markets started off FY13 on a positive note as the benchmark indices ended almost near days high on Monday. Bulls extended its winning streak to third straight trading session. After opening near days low, the benchmark indices were on an uptrend in the first half. However, a sharp dip in the European indices dampened the sentiment. The decline was nevertheless short lived as key indices bounced back led by the Power, Capital Goods, Realty, Banking and Consumer Durables index. Market participants seem to have ignored the manufacturing data. The country’s manufacturing activity slowed in March. HSBC's manufacturing purchasing index slowed to 54.7 in March from 56.6 in February. Technically, the NSE Nifty just managed to end at the 50 DMA. A higher opening in today’s trading session indicates bullish implication of hammer which it had formed in the previous week. Major resistance is seen at 5490 levels.

April’s altering attitudes!


The greatest discovery of my generation is that a human being can alter his life by altering his attitudes of mind. - William James The market seems to be swaying to the tune of whatever comes its way in terms of data. The data which may not have much relevance but can still benefit sentiment is the fact that the S&P 500 has risen every April for the past five years, says a report. The PMI data revealed slower growth and saw local indices cooling. Some warmth came in from hopes that the RBI may mull a rate cut on account of the slowdown. US indices gained ground. While the March manufacturing was a tad above expectations, the rejoicing came from the fact that US prices rose less than expected, which promoted less worries on the inflation front. All eyes are now on March jobs report due on Friday (which is a public holiday).

Precious metals add glitter


Gold and silver move up following US manufacturing data Bullion metal prices ended higher on Monday, 02 April 2012 at Comex. Comex gold futures ended the U.S. day session modestly higher on Monday, on some short covering and bargain hunting following recent selling pressure. The key “outside markets” also turned bullish for the precious metals late Monday morning, as the U.S. dollar index was weaker and crude oil prices were solidly higher. Gold is also closer to more physical demand with wedding season in India ahead. Gold for June delivery ended higher by $7.8 or 0.5%, to end at $1,679.7 an ounce on the Comex division of the New York Mercantile Exchange on Monday. The metal had spent most part of the earlier week in the red. That brought first quarterly gains of gold to 6.7%. For March 2012, gold declined 2.3%. On Monday, silver prices for May delivery ended higher by $0.06 or 1.9% at $33.1. Silver gained 6.5% during February 2012. On the first quarter, silver jumped 16%, which follows three quarters of losses in 2011. For the month of March, silver declined 6%.

Crude moves up


Prices get a boost from US manufacturing data Crude prices ended higher on Monday, 02 April 2012 at Nymex. Prices rose following better than expected manufacturing data at Wall Street on Monday. A relatively weak dollar and news of a halt in oil exports from Iraq's Kurdish region also pushed up prices. Light and sweet crude for May delivery rose $2.21 (2.2%) to $105.23 a barrel on the New York Mercantile Exchange on Monday. It managed to end the first 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 of March, oil lost 3.8%, the worst result since September.

Markets may open higher inline with global peers


The Indian markets may open on a positive note inline with positive global peers and SGX Nifty trading 73.95 points higher. Headlines for the day SpiceJet seeks DGFT permission for importing ATF. RBI relaxes overseas direct investment norms. Piramal Healthcare to change name to Piramal Enterprises. Now, firms need RBI nod to operate foreign currency a/c abroad. 2G case: SC to take up review petition on licence cancellation. RBI relaxes overseas direct investment norms. Auto LPG prices up by Rs6 per litre.

BEML


BEML