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Saturday, June 16, 2012

Coal India - Buy

 Coal India - Buy

Kotak Mahindra Bank

 Kotak Mahindra Bank

India Economy - Inflation

 India Economy - Inflation

BSE Bulk Deals to Watch - June 15 2012

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 15/6/2012 530901 ACIL B M TRADERS B 1567077 0.13 15/6/2012 530901 ACIL SHOBHIT KUMAR GARG B 1410003 0.13 15/6/2012 530901 ACIL ROHNIL BORADIA S 1483938 0.13 15/6/2012 530901 ACIL B M TRADERS S 1467077 0.14 15/6/2012 524760 Arvind Intl-$ PIYUSH PVT. LTD. S 100000 14.38

NSE Bulk Deals to Watch - June 15 2012

Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 15-JUN-2012,HOTELRUGBY,Hotel Rugby Ltd.,ANIL CHHOTUBHAI DESAI,BUY,3000,20.29,- 15-JUN-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,BUY,3425837,13.75,- 15-JUN-2012,SAVERA,Savera Industries Ltd,LOK PRAKASHAN LTD,BUY,54000,37.00,- 15-JUN-2012,TIJARIA,Tijaria Polypipes Ltd,STELLAR CAPITAL SERVICES PRIVATE LIMITED,BUY,123393,7.80,- 15-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,IFCI LTD.,SELL,122561,45.01,- 15-JUN-2012,HOTELRUGBY,Hotel Rugby Ltd.,ANIL CHHOTUBHAI DESAI,SELL,89732,18.70,- 15-JUN-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,SELL,3425838,13.75,- 15-JUN-2012,SAVERA,Savera Industries Ltd,RAVIRAJ DEVELOPERS LTD,SELL,54214,36.99,-

Sensex ends 272 points higher ahead of RBI monetary policy

The Indian markets stayed higher throughout the day on the back of positive global cues and ahead of RBI monetary policy. The Sensex closed 272 points higher while the Nifty rose 84 points. Major Headlines of the Day: PSU bank employees threatens for a strike on June 25-26 Petrol price may be cut by up to Rs2 a litre today UltraTech, Lafarge in talks to buy JP Assoc cement biz Tata Motors up on rise of 12% in global vehicle May sales Pranab Mukherjee may quit as FM on June 24

RBI policy review, Greece elections in focus

Outcome of a parliamentary election in Greece, Reserve Bank of India's mid-quarter monetary policy review, progress of the monsoon rains, a two-day meeting of the Federal Open Market Committee on US interest rates and G20 summit will decide the near-term trend on the bourses. The Reserve Bank of India is seen cutting its key policy rate viz. the repo rate by 25 basis points at mid-quarter monetary policy review on Monday, 18 June 2012. Easing of core inflation, falling crude oil prices, weak industrial production data for April 2012, sharp deceleration in GDP growth in Q4 March 2012 and latest data showing decline in exports in May 2012 have raised expectations that the central bank will cut interest rates to revive economic growth. On the flip side, the hike in minimum support prices of various kharif (June-October) crops 2012 is expected to further fuel persistently high food inflation in the coming months. Food inflation has been in double digits for around a year and has been contributing significantly to overall inflation. The government on Thursday, 14 June 2012, raised the minimum support prices of various kharif (June-October) crops 2012 in the range of 15.3% to 53.1%

All 13 sectoral indices on BSE in green

Key benchmark indices surged to attain their highest closing level in over 6 weeks as stocks rose across the globe on reports central banks of major economies are ready to provide liquidity if needed after crucial elections in Greek on Sunday, 17 June 2012. The vote is expected to determine the Greece's future in the euro zone. The barometer index, BSE Sensex, jumped 271.95 points or 1.63%, up about 250 points from the day's low and off close to 20 points from the day's high. The market breadth was positive. All the 13 sectoral indices on BSE were in the green. The Sensex has risen 731.30 points or 4.5% so far in this month (till 15 June 2012). The barometer index has gained 1,494.91 points or 9.67% in calendar 2012 so far (till 15 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1,813.97 points or 11.98%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 2,181.87 points or 11.4%.

Market rises for 2nd consecutive week

The market spurted for the second week in a row on expectations the Reserve Bank of India (RBI) will cut interest rates at mid-quarter monetary policy review on Monday, 18 June 2012, to prop up slowing economy after the latest data showed industrial production grew just 0.1% in April 2012. The market rose for three out of five trading sessions. The barometer index, BSE Sensex rose 230.96 points or 1.38% to 16,949.83. The 50-unit S&P CNX Nifty rose 70.70 points or 1.39% to 5,139.05. The BSE Mid-Cap index fell 0.50%. The BSE Small-Cap index rose 0.40%. Both these indices underperformed the Sensex. Industrial production in April rose a dismal 0.1% from a year earlier as manufacturing output remained weak and mining output shrank, deepening worries of a slowdown in the economy. Manufacturing output, which has a 75.5% weight in the index of industrial production, grew a mere 0.1% from a year earlier in April, government data showed Tuesday (12 June 2012). Capital goods production in April shrank 16.3% while mining output contracted 3.1%. The government slightly revised upwards March industrial output data to a contraction of 3.2% from a contraction of 3.5% reported earlier.