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

India Market NSE BSE Trading Holidays - 2011

S No Date Day Description
1 26-Jan-11 Wednesday Republic Day
2 02-Mar-11 Wednesday Mahashivratri
3 12-Apr-11 Tuesday Ram Navmi
4 14-Apr-11 Thursday Dr. Ambedkar Jayanti
5 22-Apr-11 Friday Good Friday
6 15-Aug-11 Monday Independence Day
7 31-Aug-11 Wednesday Ramzan ID
8 01-Sep-11 Thursday Ganesh Chaturthi
9 06-Oct-11 Thursday Dasara
10 26-Oct-11 Wednesday Laxmi Puja*
11 27-Oct-11 Thursday Diwali - Balipratipada
12 07-Nov-11 Monday Bakri Id
13 10-Nov-11 Thursday Gurunanak Jayanti

NSE BSE Market Timings from Jan 4 2010

NSE		BSE
MARKET OPEN 09:00 hrs. to 15:30 hrs.		MARKET OPEN 09:00 hrs. to 15:30 hrs.
CLOSING SESSION 15:50 hrs. to 16:00 hrs.		CLOSING SESSION 15:40 hrs. to 16:00 hrs.

BSE-NSE to extend trading amid protests

Things would not be the same for stock market participants like traders, brokers, banks and others come January 4. A major rivalry between BSE and NSE to garner more volumes and thus boost profits has ensured that trading in the cash as well as derivatives segments will begin at 9 am. The game of one-upmanship was kicked off by BSE when it decided to advance the trading hours by 10 minutes, to 9:45 am, from Dec. 18. Two days later, the NSE decided to go a step ahead by saying that it would open trading from 9 am. The NSE move sparked widespread uproar, mostly among local brokers. Some even accused the exchanges of announcing the move to boost their bottomlines and to appease the foreign shareholders. Others complained about the lack of adequate infrastructure and other systemic problems to support the move. All this forced both the exchanges to defer the plan to advance trading up to January 4. A lot will be said and written about the extended trading time in the coming days. But, that may not prevent BSE and NSE from going ahead with their planned move. Which means that the new year will begin on a different note for all connected with the stock markets.

NSE - BSE - Christmas Card for YOU!

BSE index inclusions and exclusions

The Index Committee of the Bombay Stock Exchange, has decided to revise the composition of the BSE indices.

While the revision in the Sensex will be effective from July 28, revisions in the BSE-100, BSE-200 and BSE-500 will become effective from June 23, an exchange statement said here today.

Among the Sensex scrips, Sterlite Industries and Tata Power Company were included while Ambuja Cements and Cipla were excluded.

In the BSE 100 indices, the BSE has decided to include scrips of Asian Paints, Bajaj Auto, Bajaj Finserv, Educomp, Housing Dev & Infrastructure, MMTC, Mundra Port, National Aluminium, NMDC, Reliance Power and Welspun Gujarat Stahl Rohren.

Among the leading scrips which are excluded from the BSE 100 list are Bharat Electronics, Glaxosmithkline, i-Flex Solutions, Patni Computers, Titan Industries and Ultratech Cement.

The BSE 200 indices will have Adlabs Films, Bajaj Holdings, Bajaj Auto, Bajaj Finserv, Chambal Fertilisers, Edelweiss Capital, Essar Shipping, Godrej Industries, Gujarat Mineral, Gujarat NRE Coke, Indiabulls Securities, IRB Infrastructure, Jai Corp, Jubilant Organosys, LIC Housing Finance, MMTC, Mundra Port, NMDC, Rural Electrification Corp, Rei Agro, Shree Renuka Sugars and Shriram Transport Finance.

Facts about NSE and BSE

Market Cap: At the beginning of this bull run, the Indian stock market, as represented by NSE, was just another stock exchange in developing world. Though it was admired for its online trading platform, its gyrations hardly mattered to the world. Five years hence, NSE now ranks among the world’s 10 biggest stock exchanges and India is inching closer to the status of being a global asset class. Since ’03, NSE’s market capitalisation has recorded a compounded annual growth rate (CAGR) of 55%.

Obviously, no global fund manager will have the courage to ignore such high returns. In contrast, developed markets have witnessed a CAGR of 10-15%. What’s more, with each 10% rise in NSE’s market cap, it is improving its ranking by one notch. Don’t be surprised if India breaks into the top five in next 2-3 years. As the market cap rises, so does the market breadth and its ability to absorb greater amount of capital. Besides, it reduces the probability of wide fluctuations and price aberrations.

Number Of Trades: Critics may describe the rise as a fluke and temporary in nature, without realising the fact that the NSE is already the world’s third busiest stock exchange in terms of the number of shares bought and sold. The bull run has been supported by an over 25% compounded growth in the number of trades. The fact that NSE can handle such a heavy load without a hitch proves the resilience of its system and raises the confidence of the global investment community in the Indian capital market. This will prove positive in attracting capital in Indian over the longer term.

Value Of Shares Traded: In October this year, shares worth $564 billion were traded on the NSE — almost two-and-a-half times more than at the beginning of ’03. Though volume growth in India lags that of other emerging markets, it has now crossed a psychological barrier of half-a-trillion dollars.

BSE - epitomising India's growth - via ET

Having traded on the Bombay Stock Exchange (BSE) for decades, Brijmohan Sagarmal Agarwal, 85, recalls how the 132-year-old bourse has grown to epitomise corporate India's development since independence.

"The BSE at that time was housed in a four-story building and the trading ring was on the ground floor," recalls the resident of suburban Mumbai who has seen the trading system transform from loud cries by brokers to the sophisticated computer deals.

"During the 1940s, my family was a member of the cotton exchange, bullion exchange, oilseed and grain trade. All these more or less closed in 1957 and we became members of BSE. Since then we have been here," Brijmohan told IANS.

"Share trading or brokerage in those days was done on speculation where I had some experience. The trading volume was low and the number of people involved was also few with a few scrips," he remembers. Tata Steel, Century Textiles, Gujarat Fertilizer, Indian Iron, National Rayon and Hindustan Motor were among the few, he recollects, as opposed to 7,707 scrips that trade on it daily today.

"In fact, there was no television or computer to track the status of the markets. There was no system for gauging the sensitivity of the market as there was no Sensex or similar index."

Today, as India celebrates 60 years of independence, the bourse has weathered a horrific bomb blast targeted at its premises and several scams to emerge as one of the top bourses globally.

It operates one of the largest private networks in India, comprising a local area network and a wide area network connecting 417 cities by way of a V-Sat network to facilitate trading.

It has also emerged as a separate corporate entity as against a membership-based organisation earlier. On any given weekday, more than 10,000 terminals at 7,500 brokerages come alive to trade in the 7,707 scrips.

The Pheroze Jeejeebhoy Towers at Dalal Street, where the present-day exchange is located, is the most televised structure in the country-edging out the Taj Mahal and Rashtrapati Bhavan, the presidential palace. "Today every information on stock trading is available on TV and the Net and it is not difficult to gauge the market trend as the BSE has several indices," says Santkumar Agarwal, who has now taken over the reins from his father Brijmohan.

Kicking off in 1875 as the Native Share and Stock Brokers Association under a banyan tree, six people started trading in the stocks of the British East India Company and a few commodities.

In 1956, it became the first stock exchange in the country to obtain permanent recognition from the government of India under the Securities Contracts (Regulation) Act and turned into a corporate entity in 2005. The Sensex itself was born in 1986 as a representative index for Indian shares with a basket of 30 constituent stocks drawn from a sample of large, liquid and representative companies.

Today, as the country is running towards a double-digit growth, the Sensex, in many ways, has come to represent the growth of the Indian corporate in particular, and the country's overall economic development in general. Last month, the key index crossed the magical 15,000 points. And veterans like Agarwal are gung-ho on its future.

"Like the good old days India is again fast becoming a golden sparrow. I feel by the end of 2008 or even earlier, the Sensex should touch 20,000."

Market Watch Screener- World Indices, BSE-Sectoral Indices, Nifty Technical as on 01-06-2007

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1,100 cos hit 52-wk lows during bull run

Skeptics of the stock market rally never tire of pointing out that only a handful of shares have participated in the recovery between June till now.

In the past 100 trading sessions, even as benchmark equity indices continued to soar, 1,100 companies listed on the BSE hit 52-week lows. But, supporters of the bull run argue there is a strong reason for the market to have ignored these companies. A majority, if not all, of these companies have seen their earnings decline over the past one year.

For the purpose of analysis, recent listings and companies whose comparative net profit figures were unavailable were excluded, leaving a total of 946 companies. These firms were categorised in the different groups and their group-wise four-quarter trailing net profit from September 2005 to September 2006 was analysed.

The hardest hit has been companies in the B2 Group comprising 420 companies, followed by B1 with 172 and S Group having 149 firms. At the same time, these B2 group companies posted a combined 24% decline in net profit over the past four quarters. This included 50 companies whose bottomlines slipped into the red during this period.

The combined net profit of the 946 companies has shown an increase of 23%, but that is mainly because high profits by a handful of them. In the A group, the combined net profit has risen by 28% from Rs 4,805 crore to Rs 6,157 crore. Here again, the increase is due to companies like National Aluminium, Canara Bank and Dena Bank, which together comprised about Rs 1,750 crore of increase in profit.

Similarly, the combined 25% rise in net profits in the B1 group was mainly because of companies like EID Parry and UB Holdings that together posted a net profit of over Rs 500 crore. In the Z group, the increase of 140% is due to the effect of one or two companies.

Harendra Kumar, head-research, ICICIDirect, says, “When a company hits a 52-week low, there is something fundamentally wrong with it. Just because the rally is happening, it does not mean that all companies in the industry are performing accordingly. There are large numbers of them unable to catch up with the growth witnessed by the industry.

Their stock prices could have tumbled down due to various reasons like rising operational costs, increasing input costs and margin pressures, lacklustre sales growth and lack of entrepreneurial skill sets et al. It is the big companies that benefit first when the growth in the economy takes place.”

He says some of these stocks also provide an opportunity as investment candidates. This cannot be interpreted as a buy signal, but there are many stocks that represent value and investing opportunity for those who complain that they have missed the bus.

“There has been a sharp increase in the profitability of large companies like information technology, financial and financial services like banking that witnessed a four-month rally, beginning late July on the back of falling bond yields, lower loan losses and investment provisions, as seen in the September quarter profits. Many small industries have not been able to catch up with the productivity factor and that is reflecting the stock prices of these companies,” says another analyst.