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Thursday, August 23, 2012

BSE Bulk Deals to Watch - Aug 23 2012

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 23/8/2012 524412 Aarey Drugs DEEPIKA JASMIN SHAH B 81238 35.71 23/8/2012 524412 Aarey Drugs DEEPIKA JASMIN SHAH S 78840 35.35 23/8/2012 514332 Anuvin Inds PRIYAL CHETAN KOTHARI S 50000 10.58 23/8/2012 590033 APW President APW ELECTRONICS GROUP LIMITED S 35000 206.69 23/8/2012 524760 Arvind Intl-$ HARJEET SINGH B 100000 15.50 23/8/2012 503722 Banswara Syn-$ SUCHITA BHANDARI B 100759 68.87 23/8/2012 503722 Banswara Syn-$ PINKY EXHIBITORS PRIVATE LIMITED S 91934 68.91

Markets end flat; IT stocks outperform, Gold hits all time high

The Indian markets trimmed most of its gains to end flat in trade today as profit booking weighed on the market sentiment. Both BSE and NSE shut shop nearly 3 point higher. Major Headlines Shree Cement hits 52-week high on strong Q1 nos IT sector tops the sectoral list RCom hits 52-week low Gold shines to record high of Rs31,029

Revival in monsoon boosts FMCG shares

Shares of seven FMCG shares rose by 0.05% to 4.08% at 15:19 IST on reports of revival of monsoon rains this month. Marico (up 4.08%), Nestle India (up 2.06%), Hindustan Unilever (up 1.36%), ITC (up 0.9%), Jubilant FoodWorks (up 0.56%), Dabur India (up 0.13%) and Colgate-Palmolive (India) (up 0.05%), edged higher. The BSE FMCG index was up 0.78% at 5,277.14 . It outperformed the Sensex, which was down 0.06% at 17,835.72. The BSE FMCG index had outperformed the market over the past one month until 22 August 2012, rising 6.04% compared with the Sensex's 4.01% rise. The index had also outperformed the market in past one quarter, gaining 13.80% as against 11.36% rise in the Sensex. India's monsoon rains were slightly below average in the past week, but heavy downpours in Rajasthan eased fears of a repeat of the widespread drought that gripped the country three years ago. According to reports, overall rainfall deficit has narrowed from 36% earlier to 15% in the last few days, which has pushed up sowing of rice and cotton over their normal acreage. The monsoon rains--which make up around 70% of India's annual rainfall--are crucial to the nation's agriculture sector and broader economy. More than 60% of the country's farmland is rain-fed. The timing, distribution and quantity of rainfall are all important for crops. The four-month southwest monsoon season that starts from June accounts for almost 70% of total annual moisture that Indian soil receives in a year. FMCG firms derive substantial revenue from rural sales

IT stocks reboot on expectations of Fed stimulus for US economy

Key benchmark indices eked out marginal gains in volatile trade as world stocks rose amid hope weak Chinese manufacturing data could lead to fresh monetary easing from Beijing. Expectations of a possible further monetary policy easing from the US central bank aided gains on the bourses as minutes from the US Federal Reserve meeting on July 31-Aug. 1 showed that the central bank's policy committee discussed a third round of quantitative easing. US is the world's biggest economy and China is the second biggest. The Indian government's announcement on Wednesday of easing of rules regarding overseas borrowing by local companies also aided gains on the domestic bourses. The barometer index, BSE Sensex, advanced 3.38 points or 0.02%, off about 120 points from the day's high and up close to 60 points from the day's low. The market breadth was negative.