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Tuesday, June 05, 2012
BSE Bulk Deals to Watch - June 5 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 5/6/2012 512608 Bhandari Hos ANUBHAV KACKER B 60000 47.24 5/6/2012 511672 Clarus Finance GRD FINANCE PRIVATE LIMITED B 100000 22.74 5/6/2012 500142 FGP UNIVERSAL INDUSTRIAL FUND LIMITED B 225000 2.62 5/6/2012 500142 FGP RPG CELLULAR INVESTMENTS & HOLDINGS P LTD S 225000 2.62 5/6/2012 531820 Finalysis Cred PANKAJ JAYANTILAL DAVE B 32610 62.00 5/6/2012 532938 Future Capital RAJASTHAN GLOBAL SECURITIES LTD B 373210 150.91 5/6/2012 514394 Gee El Woollens ZAYAT CONSTRUCTION PRIVATE LIMITED B 100000 33.96 5/6/2012 514394 Gee El Woollens KIRATI PRAFULLKUMAR SHAH S 40000 33.99 5/6/2012 514394 Gee El Woollens PANKAJKUMAR PARASMAL PAREKH S 60000 33.94 5/6/2012 530547 KEN Fin Serv S UTTAMCHAND B 213008 57.00 5/6/2012 530547 KEN Fin Serv YOKE COMMODITIES PRIVATE LIMITED S 149000 57.00 5/6/2012 530547 KEN Fin Serv YOKE SECURITIES LIMITED S 73008 57.00 5/6/2012 590117 Mahaveer Infoway-$ RAMAVADH JANGU YADAV B 37610 16.17 5/6/2012 590117 Mahaveer Infoway-$ RAMAVADH JANGU YADAV S 49331 16.20 5/6/2012 516007 Mangalam Timb CIRCLE TRACOM PRIVATE LIMITED B 300000 30.50 5/6/2012 516007 Mangalam Timb LOK PRAKASHAN LIMITED S 300000 30.50 5/6/2012 530497 Marvel Capital MAHAN TRADING PRIVATE LIMITED S 43785 21.00 5/6/2012 532986 Niraj Cement LIBRA TECHCON LIMITED S 192316 11.67 5/6/2012 531694 Rainbow Found SURUCHI TIE UP PRIVATE LIMITED B 72600 13.52 5/6/2012 531207 Raymed Labs SUNDEEP CREDITS PVT LTD B 71998 28.35 5/6/2012 531695 SHREYCHEM SANGITABEN HITESHBHAI RUPARELIYA B 34638 61.92 5/6/2012 531695 SHREYCHEM VORA BHAVIK PRAFULCHANDRA S 52000 62.11 5/6/2012 531695 SHREYCHEM SANGITABEN HITESHBHAI RUPARELIYA S 38528 60.19 5/6/2012 504973 Tube Invest GAGANDEEP CREDIT CAPITAL PRIVATE LIMITED B 1800000 135.00 5/6/2012 504973 Tube Invest MARUICHI STEEL TUBE LIMITED S 1803000 135.00 5/6/2012 590111 VAISHNAVI SAI NITHISHA PARVATHANENI B 180525 5.35 5/6/2012 590111 VAISHNAVI B SREEDHAR PRASAD S 120644 5.05 5/6/2012 531874 Venus Power Ventures DHANA ENERGY PRIVATE LIMITED B 100000 24.43
NSE Bulk Deals to Watch - June 5 2012
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 05-JUN-2012,FCH,Future Capital Holdings L,RAJASTHAN GLOBAL SECURITIES LTD,BUY,716108,150.83,- 05-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,BUY,2189582,64.73,- 05-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,IFCI LTD.,SELL,113684,57.16,- 05-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,SELL,2189582,64.73,- 05-JUN-2012,SADBHAV,Sadbhav Engineering Limit,WELLINGTON MANAGEMENT COMPANY LLP AC BAY POND MB,SELL,904860,120.00,-
Volatile session ends flat; Sensex regains 16K
The Indian markets closed a volatile session on a flat note. Sensex ended up by 32 points while the Nifty rose 15 points. Major Headlines: SBI up on signing pact with Brokerage firm Geojit Bank shares rise on hopes of rate cut CCI orders on tyre, cement cartels in final stage India HSBC May services PMI jumps to 3-month high
Sensex ends above 16,000 mark
Key benchmark indices eked out small gains amid a volatile trading session. Latest data showing that India's services sector rising at its fastest pace in three months during May supported the bourses. The barometer index, BSE Sensex, managed to end above the psychological 16,000 mark after falling below that mark for a brief period in mid-afternoon trade. The BSE Sensex rose 32.24 points or 0.20%, off close to 118 points from the day's high and up close to 41 points from the day's low. The market breadth was positive. The barometer index has gained 565.72 points or 3.66% in calendar 2012 so far (till 5 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 884.78 points or 5.85%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 3111.06 points or 16.26%. Index heavyweight Reliance Industries (RIL) held firm. FMCG and realty stocks edged lower. Capital goods stocks rose on bargain hunting after recent losses. Telecom stocks fell across the board ahead of the meet of an empowered group of ministers (EGoM) headed by Finance Minister Pranab Mukherjee, today to decide on the base price for the much-awaited auction of telecom spectrum.
Greece has 1-in-3 chance of leaving eurozone: S&P
However, Standard & Poor's notes that the potential impact on other peripheral sovereigns in the eurozone would be less clear cut. Standard & Poor's Ratings Services on Monday published a report that examines the likelihood of Greece leaving the eurozone and the potential impact of this on the creditworthiness of other sovereigns in the region. The report is titled "Sovereign Rating Implications Of A Possible Greek Withdrawal From The Eurozone." "We believe there is at least a one-in-three chance of Greece exiting the eurozone in the coming months, following national elections on June 17. This could be brought about by Greece rejecting the reforms demanded by the troika - the European Commission, International Monetary Fund (IMF), and European Central Bank (ECB) - and a consequent suspension of external financial support," Standard & Poor's said in a statement. "Such an outcome would, in our view, seriously damage Greece's economy and fiscal position in the medium term and most likely lead to another Greek sovereign default," the credit rating agency said. However, Standard & Poor's notes that the potential impact on other peripheral sovereigns in the eurozone would be less clear cut. It believes that other sovereigns would be unlikely to follow any Greek exit, having witnessed the resulting economic hardships and long delay in harnessing benefits from national currency devaluation, and that in the meantime their European partners would provide additional support to discourage further departures. The Standard & Poor's report says that European policymakers would be keen to demonstrate that Greece is a special case. "We would expect growing financial support and leniency in the face of slipping targets for other sovereigns embroiled in the debt crisis," Standard & Poor's said. Accordingly, the ratings firm currently does not consider that a Greek withdrawal would automatically have any permanently negative consequences for other peripheral sovereigns' prospects of continuing eurozone membership. For the same reasons, it is Standard & Poor's base-case assumption that a Greek exit by itself would not automatically trigger further downward sovereign rating actions elsewhere. Subsequently, much would depend on the robustness of the response from European policymakers, the ECB, and the IMF. S&P expects that a Greek exit would likely strengthen the resolve of other countries receiving external support to pursue reforms and avoid the economic consequences of an exit, and it considers it likely that the ECB would respond vigorously to any sustained rise in borrowing costs for other sovereigns. However, S&P believes the response of core eurozone member states is less predictable. Without appropriately sized and flexible financial mechanisms, the likelihood of a lasting restoration of confidence in major eurozone financial institutions over the near term is doubtful, especially at the periphery. "Although such a reluctant policy response is not our base-case assumption, it could lead to further sovereign debt restructurings in countries other than Greece and downward pressure on our ratings on affected sovereigns," says S&P. The S&P report also examines the potential losses that official creditors might face, including the IMF, European Financial Stability Facility (European Financial Stability Facility, and European Investment Bank European Investment Bank, in the event of a Greek exit.
Precious metals turn pale on the first trading day of the week
Prices fail to find support from lower dollar and weak data Bullion metal prices ended lower on Monday, 04 June 2012 at Comex. A lower dollar and weak economic data failed to provide the impetus to the bullions and make them attractive on their safe-haven investment appeal. The market consolidated and saw a downside price correction following big and impressive price gains scored on Friday. Gold for August delivery ended lower by $8.2 or 0.5%, to end at $1,613.9 an ounce on the Comex division of the New York Mercantile Exchange on Monday. During the session, it traded between a high of $1,629.70 and a low of $1,610.
Markets may see a flat opening
The Indian markets may begin the trade on a flat note on the back of mixed Asian cues. SGX Nifty is trading 2.50 points higher Events for the day: Ex-date for 1st interim dividend of Page Industries. Headlines for the day: Hero MotoCorp to merge with investment arm. Pranab writes to CMs for cut in taxes on petrol. Three striking AI pilots appear before DGCA. BJP to launch country-wide movement against petrol price hike. Indian Indices: The Indian markets are likely to open the trade on a flat to positive note on account of positive Asian cues. The markets are likely to trade rangebound. SGX Nifty is trading 8.50 points higher. On Monday (June 04, 2012), the Sensex closed at 15988, up by 23 points while Nifty settled at 4848, rising by 6 points. Global Indices: Asian shares staged a mild recovery on Tuesday (June 5, 2012), as investors looked towards European policymakers and the wider G7 to take decisive action to address the worsening euro zone crisis. European shares were mixed on Monday (June 04, 2012), after grim economic data from across the globe spurred some investors to bet on a greater likelihood of the central bank policy action to stimulate growth. US stocks were flat on Monday after a steep drop in the previous session that erased the Dow industrials' gains for the year. Daily trend of FII/MF investment in equities: The FIIs have been the net sellers Indian stocks to the tune of Rs138.40 crore on June 03, 2012. The domestic investors sold Indian shares worth a net of Rs457.30 crore on May 31, 2012. The data is as per the SEBI website. Commodity Cues: Oil prices edged higher on Monday, snapping a string of four lower closes, as a drop to multi-month lows attracted bargain hunters and as the euro rose against the dollar on hopes that Europe's leaders can keep the euro zone intact.
Market ends higher on rate cut hopes
In a dramatic turn around, key benchmark indices wiped off intraday losses to hit the day's high in late trade as hopes for further rate cuts triggered bargain hunting in stocks. Subir Gokarn, Reserve Bank of India (RBI) deputy governor, has hinted at a rate cut in the upcoming policy review of the central bank, saying below trend growth and falling crude oil prices offer RBI a window to ease policy stance. The barometer index, BSE Sensex, settled a tad below the psychological 16,000 mark. The Sensex rose 23.24 points or 0.15%, up close to 239 points from the day's low and off about 24 points from the day's high. From a recent high of 16,438.58 on 29 May 2012, the Sensex declined 473.42 points or 2.87% in three trading sessions to 15,965.16 on Friday, 1 June 2012. The barometer index has gained 533.48 points or 3.45% in calendar 2012 so far (till 4 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 852.54 points or 5.63%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 3143.30 points or 16.43%.
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