Thursday, July 05, 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 5/7/2012 523395 3M India ACACIA BANYAN PARTNERS B 115100 3900.00 5/7/2012 523395 3M India ACACIA PARTNERS L.P S 115100 3900.00 5/7/2012 524412 Aarey Drugs LEADAGE TRADING PRIVATE LIMITED B 79877 26.51 5/7/2012 532749 Allcargo Logistics ACACIA BANYAN PARTNERS B 667400 130.50 5/7/2012 532749 Allcargo Logistics ACACIA PARTNERS L.P S 667400 130.50 5/7/2012 532919 Allied Comp DIPIKA KRUSHNAKUMAR BRAHMBHATT B 600000 3.74
The Indian indices closed marginally higher amid rangebound trade. The Sensex closed near the day's high, rising 76 points to 17,539, while the Nifty gained 25 points to 5,327 in trade today. Major Headlines: Retail sector already welcoming FDI; hopes high Indian OMCs gets a thumbs down from Goldman Sachs Rice exporters cheer government move KFA faces hard time again; lenders turn harsh Agriculture loan gets cheaper
Reliance Infrastructure Ltd today announced that it had commissioned a 400 kV double circuit transmission line between Solapur and Kolhapur in Maharashtra. (BL) L&T Construction has secured orders worth Rs.15.23bn during June across different business segments. (BL) DHL group plans to invest close to €300 mn (in the coming years in India, according to Mr Malcolm Monteiro, CEO-South Asia, DHL Express. (BL) Telenor has sent feelers to Tata Teleservices for a possible strategic alliance. The two companies have had initial rounds of discussions and will take a final call after the rules for the upcoming auctions are clear, the sources added.(BL)
A universe that came from nothing in the big bang will disappear into nothing at the big crunch. – Paul Davies. While the so-called 'God particle' seems to have been found, the markets globally are looking for visible and invisible forces to bring about a big bang. Brace for a quiet start as investors await the outcome of monetary policy meetings in Europe and the UK. Market participants will also examine US data on weekly jobless claims, ADP private sector employment and ISM service sector PMI before Friday’s crucial monthly payroll report. US markets were shut on Wednesday for the Independence Day holiday. European markets finished lower. Economists widely expect the ECB to deliver a 25 bps rate cut today. The Bank of England too is likely to announce fresh monetary easing.
Indian markets may open in a red zone on the back of unsupportive global cues and also SGX Nifty trading 12.50 points lower. Events for the day: Rotam Commercials board to consider bonus issue. Headlines for the day: Mahindra inaugurates two-wheeler R&D centre to launch 3 bikes. Reliance Infra commissions Solapur-Kolhapur transmission line. Govt asks state banks to cut high-cost deposits. SBI launches eFile service for filing I-T returns. Federal Bank ties up with Samba Bank.
The market may open lower on weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 10 points at the opening bell. Asia stocks fell in choppy trade Thursday, as investors looked ahead to European Central Bank and Bank of England meetings expected to unveil more easing. Key benchmark indices edged higher for the second straight day on Wednesday, 4 July 2012 after data showed that foreign funds remained buyers of Indian stocks on Tuesday, 3 July 2012. The BSE Sensex rose 37.10 points or 0.21% to settle at 17,462.81, its highest closing level since 19 April 2012. Foreign institutional investors (FIIs) bought shares worth a net Rs 239.19 crore on Wednesday, 4 July 2012, as per provisional data from the stock exchanges.