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Monday, January 14, 2008

NSE Bulk Deal Watch - Jan 14 2008


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
14-JAN-2008,ARIES,Aries Agro Limited,CPR CAPITAL SERVICES LTD.,BUY,79777,221.86,-
14-JAN-2008,ARIES,Aries Agro Limited,CREDENTIAL STOCK BROKERS LIMITED,BUY,113900,225.84,-
14-JAN-2008,ARIES,Aries Agro Limited,DINESH MUNJAL,BUY,170759,219.91,-
14-JAN-2008,ARIES,Aries Agro Limited,FIN BRAINS SECURITIES (INDIA) LTD.,BUY,84965,227.78,-
14-JAN-2008,ARIES,Aries Agro Limited,HARBUX SINGH SIDHU,BUY,224294,224.67,-
14-JAN-2008,ARIES,Aries Agro Limited,KARIMJEE PVT.LTD.,BUY,124898,225.00,-
14-JAN-2008,ARIES,Aries Agro Limited,PACE FINCAP PRIVATE LIMITED,BUY,119195,223.64,-
14-JAN-2008,ARIES,Aries Agro Limited,R.M. SHARE TRADING PVT LTD,BUY,159794,227.46,-
14-JAN-2008,ARIES,Aries Agro Limited,YOKE SECURITIES LIMITED,BUY,143895,223.68,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,ASTUTE COMMODITIES & DERIVATIVES Pvt Ltd,BUY,395809,41.30,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,NISSAR BROTHERS,BUY,349853,39.30,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,SANJAY BHANWARLAL JAIN,BUY,255866,39.41,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,TRANSGLOBAL SECURITIES LTD.,BUY,499371,39.70,-
14-JAN-2008,NICCO,Nicco Corporation Limited,RAPID ESTATES PRIVATE LIMITED,BUY,788670,38.00,-
14-JAN-2008,OMNITECH,Omnitech Infosolutions Li,MANISH VRAJLAL SARVAIYA,BUY,107108,223.04,-
14-JAN-2008,PPAP,Precision Pipes And Profi,FIN BRAINS SECURITIES (INDIA) LTD.,BUY,103853,145.89,-
14-JAN-2008,PPAP,Precision Pipes And Profi,NEPTUNE FINCOT PVT LTD,BUY,71498,149.26,-
14-JAN-2008,PPAP,Precision Pipes And Profi,PRASHANT JAYANTILAL PATEL,BUY,211324,148.67,-
14-JAN-2008,SHLAKSHMI,Shri Lakshmi Cotsyn Limit,DEEPAK B DESAI,BUY,97386,154.91,-
14-JAN-2008,SHLAKSHMI,Shri Lakshmi Cotsyn Limit,JRK CONSULTANTS PVT LTD,BUY,200000,174.88,-
14-JAN-2008,ARIES,Aries Agro Limited,CPR CAPITAL SERVICES LTD.,SELL,79777,222.23,-
14-JAN-2008,ARIES,Aries Agro Limited,CREDENTIAL STOCK BROKERS LIMITED,SELL,113900,225.71,-
14-JAN-2008,ARIES,Aries Agro Limited,DINESH MUNJAL,SELL,170759,220.62,-
14-JAN-2008,ARIES,Aries Agro Limited,FIN BRAINS SECURITIES (INDIA) LTD.,SELL,84965,228.31,-
14-JAN-2008,ARIES,Aries Agro Limited,HARBUX SINGH SIDHU,SELL,224294,224.75,-
14-JAN-2008,ARIES,Aries Agro Limited,KARIMJEE PVT.LTD.,SELL,124898,223.45,-
14-JAN-2008,ARIES,Aries Agro Limited,PACE FINCAP PRIVATE LIMITED,SELL,119195,222.96,-
14-JAN-2008,ARIES,Aries Agro Limited,R.M. SHARE TRADING PVT LTD,SELL,159794,227.61,-
14-JAN-2008,ARIES,Aries Agro Limited,YOKE SECURITIES LIMITED,SELL,141895,223.79,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,ASTUTE COMMODITIES & DERIVATIVES Pvt Ltd,SELL,348996,41.07,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,NISSAR BROTHERS,SELL,349853,39.24,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,SANJAY BHANWARLAL JAIN,SELL,255866,39.62,-
14-JAN-2008,BURNPUR,Burnpur Cement Limited,TRANSGLOBAL SECURITIES LTD.,SELL,489374,39.64,-
14-JAN-2008,NICCO,Nicco Corporation Limited,NIRAJ REALTORS & SHARES PVT. LTD.,SELL,800000,38.00,-
14-JAN-2008,OMNITECH,Omnitech Infosolutions Li,MANISH VRAJLAL SARVAIYA,SELL,80108,216.62,-
14-JAN-2008,PPAP,Precision Pipes And Profi,FIN BRAINS SECURITIES (INDIA) LTD.,SELL,103853,147.02,-
14-JAN-2008,PPAP,Precision Pipes And Profi,NEPTUNE FINCOT PVT LTD,SELL,71497,148.06,-
14-JAN-2008,PPAP,Precision Pipes And Profi,PRASHANT JAYANTILAL PATEL,SELL,211324,148.21,-
14-JAN-2008,PPAP,Precision Pipes And Profi,PRIME INDIA INVESTMENT FUND LTD,SELL,145185,150.19,-
14-JAN-2008,PPAP,Precision Pipes And Profi,RAHN AND BODMER,SELL,136066,150.20,-
14-JAN-2008,SHLAKSHMI,Shri Lakshmi Cotsyn Limit,DEEPAK B DESAI,SELL,83263,160.26,-
14-JAN-2008,SHLAKSHMI,Shri Lakshmi Cotsyn Limit,JRK CONSULTANTS PVT LTD,SELL,200000,149.50,-
14-JAN-2008,SHLAKSHMI,Shri Lakshmi Cotsyn Limit,RELIANCE CAPITAL LTD,SELL,102252,167.35,-
14-JAN-2008,SHLAKSHMI,Shri Lakshmi Cotsyn Limit,SONATA INVESTMENTS LIMITED,SELL,107485,171.87,-

BSE Bulk Deals to Watch - Jan 14 2008


14/1/2008511706ACTION FINDINESH MEHTA AND SONS HUFS6600046.72
14/1/2008532919ALLIED COMPJHUNJHUNWALA ENTERPRISESB10000045.00
14/1/2008532919ALLIED COMPACCORD CAPITAL MARKETS LTDS35000045.12
14/1/2008531400ALMONDZ GLOINNOVATE SECURITIES PVT LTD PRO ACCOUNTB100000119.40
14/1/2008590049APOLLO SINDHMORGAN STANLEY MAU CO LTDB14685821.87
14/1/2008532935ARIES AGROPACE FINCAP PRIVATE LIMITEDB125063225.12
14/1/2008532935ARIES AGROPRATIK H. PAREKHS67339229.27
14/1/2008532935ARIES AGROPACE FINCAP PRIVATE LIMITEDS125063226.04
14/1/2008532935ARIES AGROJMP SECURITIES PVT. LTD.S155918239.48
14/1/2008505506AXON INFOTECUNIFLEX CARRYING CO. PVT LTDB3000072.45
14/1/2008505506AXON INFOTECCLOCK SIGN TRADING CO. PVT LTD.B2150072.45
14/1/2008505506AXON INFOTECRIDHIMA HOLDINGS PVT LTDS2985072.00
14/1/2008505506AXON INFOTECPARAS FINVEST PVT LIMITEDS550072.00
14/1/2008505506AXON INFOTECBINDUBALA SHARMAS739471.49
14/1/2008505506AXON INFOTECPARAS KUMAR JAINS1600072.25
14/1/2008505506AXON INFOTECJYOTHI NS400075.40
14/1/2008532931BURNPURN D NISSARB23839538.39
14/1/2008532931BURNPURJMP SECURITIES PVT. LTD.B26811942.15
14/1/2008532931BURNPURKETAN MAMANIYAB23811339.37
14/1/2008532931BURNPURN D NISSARS23839538.36
14/1/2008532931BURNPURKETAN MAMANIYAS23811339.52
14/1/2008505923CEEKAY DIAKII S F SECURITIES LTDB50833137.12
14/1/2008505923CEEKAY DIAKIMAHENDRA KUMAR JAINB29483135.26
14/1/2008505923CEEKAY DIAKII S F SECURITIES LTDS55833135.72
14/1/2008505923CEEKAY DIAKIMAHENDRA KUMAR JAINS25553138.37
14/1/2008505923CEEKAY DIAKISHILPA KETAN SHAHS40000137.53
14/1/2008526917CHD DEV LTDJMP SECURITIES PVT. LTD.B37082929.84
14/1/2008522231CONART ENGINHAFEEZ S CONTRACTORS3200044.01
14/1/2008500117DCW LTDJMP SECURITIES PVT. LTD.B102821437.36
14/1/2008500117DCW LTDJMP SECURITIES PVT. LTD.S95291237.77
14/1/2008517973DMC INTERHITECH COMPUTECH PRIVATE LTDB4500037.62
14/1/2008517973DMC INTERJ A FINANCIAL AND MANAGEMENT CONSULTANTS PVT LTDS2800037.94
14/1/2008532318GEMINI COMMUPAVAN GANDHIB122723298.14
14/1/2008532318GEMINI COMMUPAVAN GANDHIS151586298.10
14/1/2008531137GEMSTONE INVSUPREME INDIA COTTEX PVT LTDB5000032.65
14/1/2008524184GULSHA SUG CKAMAL KUMAR DUGAR AND COB22344765.91
14/1/2008500500HIND MOT LTDJMP SECURITIES PVT. LTD.B88900678.34
14/1/2008531025INCA FINLEASGLOBAL FILM AND BORD CASTING LB30200148.46
14/1/2008531025INCA FINLEASJATIN RAMNIKLAL CHHADWAS15000150.00
14/1/2008531025INCA FINLEASRAKESH JATIN CHHADWAS15000147.00
14/1/2008524342INDO BORAX CNISHA SUMAN JAINB26240154.30
14/1/2008530405JINDAL CAP.HITESH SHASHIKANT JHAVERIB2500181.95
14/1/2008530405JINDAL CAP.JMP SECURITIES PVT. LTD.B9761975.30
14/1/2008530405JINDAL CAP.JMP SECURITIES PVT. LTD.S3954080.49
14/1/2008512413KHAITAN WVGBHAROSEMAND COMMODITIES PVT.LTD.B679465.90
14/1/2008507435KHODAY INDIAHONEYWELL BUSINESS PVT LTDS150000294.13
14/1/2008523550KRYPTON INDUCHAINROOP SURAJMAL DUGARB2982475.41
14/1/2008523550KRYPTON INDUNILESH KUMAR LAHOTIS3226175.44
14/1/2008523550KRYPTON INDUCHAINROOP SURAJMAL DUGARS3667374.16
14/1/2008531261KUSHAGRA SOV R P FINANCIAL SERVICES PVT LTDB49874512.30
14/1/2008531261KUSHAGRA SOTRIJAL INDUSTRIES LIMITEDS50000012.30
14/1/2008505523MAH IND LEASAYODHYAPATI INVESTMENT PVT. LTDB2598656.77
14/1/2008505523MAH IND LEASENCA FINLEASE LTD.B3550057.15
14/1/2008505523MAH IND LEASAYODHYAPATI INVESTMENT PVT. LTDS2184657.15
14/1/2008501209MAST MEDI SYBAKLIWAL FINANCIAL SERVICES INDIA PVT LTDB6084370.01
14/1/2008532850MIC ELECTCITI GROUP GLOBAL MARKET MAURITIUS LIMITEDB150000914.00
14/1/2008532850MIC ELECTBSMA LIMITEDS175000914.00
14/1/2008519287MODERN DAIRESHAILAJA FINANCE LTDS4700075.00
14/1/2008531096MOUNT EVE MIDSP MERRILL LYNCH CAPITAL LIMITEDB155292179.00
14/1/2008531096MOUNT EVE MIMERILL LYNCH CAPITAL MARKETS ESPANA S A SVS275292181.62
14/1/2008531452NCC FINANC LSANTOSH JAIPURIAS3500016.91
14/1/2008590028NICCO CORPRAPID ESTATES PRIVATE LIMITEDB69684938.00
14/1/2008590028NICCO CORPNIRAJ REALTORS AND SHARES PVT LTDS80819538.01
14/1/2008531465NOUVEA MULTIBHAROSEMAND COMMODITIES PVT.LTDB3360030.15
14/1/2008507864PIONEER INVEALOSHA VANIJYA PVT LTD.B53536859.51
14/1/2008532933PORWAL AUTOYES INVESTMENTSB13900084.39
14/1/2008532933PORWAL AUTONILESH K SHAHB45232289.90
14/1/2008532933PORWAL AUTOSPJSTOCKB14001185.10
14/1/2008532933PORWAL AUTOPRABHUDAS LILLADHER PVT. LTD.B42370786.14
14/1/2008532933PORWAL AUTON D NISSARB39937784.52
14/1/2008532933PORWAL AUTOKAUSHIK SHAH SHARES SEC P LB42511988.93
14/1/2008532933PORWAL AUTODEEPAK S CHHEDAB40683484.87
14/1/2008532933PORWAL AUTOAMIT M GALAB42008185.99
14/1/2008532933PORWAL AUTOHIMANSHU R NISSARB21115684.17
14/1/2008532933PORWAL AUTOAMU SHARES AND SEC LTDB15978486.04
14/1/2008532933PORWAL AUTOSONI JIGNESH BALKRISHNAB13785686.16
14/1/2008532933PORWAL AUTOYES INVESTMENTSS13900086.30
14/1/2008532933PORWAL AUTONILESH K SHAHS45232288.47
14/1/2008532933PORWAL AUTOSONI JIGNESH BALKRISHNAS13785682.06
14/1/2008532933PORWAL AUTOSPJSTOCKS14001185.25
14/1/2008532933PORWAL AUTOPRABHUDAS LILLADHER PVT. LTD.S42339286.41
14/1/2008532933PORWAL AUTON D NISSARS39937784.74
14/1/2008532933PORWAL AUTOKAUSHIK SHAH SHARES SEC PLS41091989.21
14/1/2008532933PORWAL AUTODEEPAK S CHHEDAS40683485.19
14/1/2008532933PORWAL AUTOAMIT M GALAS42008186.35
14/1/2008532933PORWAL AUTOHIMANSHU R NISSARS21115684.22
14/1/2008532933PORWAL AUTORAHN AND BODMERS15096089.96
14/1/2008532933PORWAL AUTOPRIME INDIA INVESTMENT FUND LTDS15096094.08
14/1/2008532933PORWAL AUTOKEYNOTE COMMODITIES LTDS46350490.02
14/1/2008532933PORWAL AUTOCONCEPT COMMUNICATIONS LTDS39731290.00
14/1/2008532933PORWAL AUTOKEYNOTE CAPITALS LTD.S13238490.12
14/1/2008532933PORWAL AUTOAMU SHARES AND SEC LTDS15978486.20
14/1/2008531646RFL INTERNATR MALHOTRA AND ASSOCIATESB1000002.71
14/1/2008531646RFL INTERNATASHVIN PATANGIYAB900002.80
14/1/2008531646RFL INTERNATFIRDOUS MUNIRUDDIN DADANB950002.58
14/1/2008531646RFL INTERNATNILESH VEDB300002.76
14/1/2008531646RFL INTERNATARUNKUMAR CHAMPALAL HUFB500002.79
14/1/2008531646RFL INTERNATVIJAY KUMAR DALMIAB500002.72
14/1/2008531646RFL INTERNATPAWAN KUMAR HIRALAL PODDARS413892.75
14/1/2008531646RFL INTERNATSUNIL CHAUDHARYS300002.79
14/1/2008531646RFL INTERNATHEMANT KUMAR GUPTAS3250002.78
14/1/2008531646RFL INTERNATARUNKUMAR CHAMPALAL SURANAS300002.78
14/1/2008532031SARANG CHEMINILESH RASIKLAL PANDYAB300006.74
14/1/2008514264SEASONS TEXTAJD LEASING AND FIN LTDB4873819.97
14/1/2008512499SHALIMAR PROENCA FINLEASE LTD.B2538532.88
14/1/2008526049SHRILAKSHMIAPEX SECURITIESS117235163.01
14/1/2008526049SHRILAKSHMISONATA INVESTMENTS LIMITEDS100000168.95
14/1/2008526049SHRILAKSHMIRELIANCE CAPITAL LIMITEDS91318166.12
14/1/2008530155TONIRA PHARMIPCA LABORATORIES LIMITEDB5627128.50
14/1/2008531703TRIBHVAN HSGKASTURI TOWERS LIMITEDS8458336.96
14/1/2008511246WHITE LION ALOGIC INFOTECH LIMITEDS2021523.45
11/1/2008511706ACTION FINCHIMANLAL MANEKLAL SEC.PVT.LTDS5056648.12
11/1/2008532935ARIES AGROMATRIX EQUITRADE PVT LTDB2364317224.50
11/1/2008532935ARIES AGROSANJEEV SINGHALB179737220.87
11/1/2008532935ARIES AGROSANJAY GUPTA HUFB293900293900.00
11/1/2008532935ARIES AGRORAJIV GUPTAB216349233.06
11/1/2008532935ARIES AGROOPG SECURITIES PVT LTDB1010409225.72
11/1/2008532935ARIES AGROMAHANAND PRASADB328943222.66
11/1/2008532935ARIES AGROSETU SECURITIES PVT LTDB136695225.23
11/1/2008532935ARIES AGROA A DOSHI SHARES AND BROKB68998218.50
11/1/2008532935ARIES AGROMATRIX EQUITRADE PVT LTDS2364317225.27
11/1/2008532935ARIES AGROSANJEEV SINGHALS179737221.43
11/1/2008532935ARIES AGROSANJAY GUPTA HUFS293900231.37
11/1/2008532935ARIES AGRORAJIV GUPTAS216349234.02
11/1/2008532935ARIES AGROOPG SECURITIES PVT LTDS1010409226.07
11/1/2008532935ARIES AGROMAHANAND PRASADS328943222.61
11/1/2008532935ARIES AGROSETU SECURITIES PVT LTDS136694218.61
11/1/2008532935ARIES AGROWINSTAR INDIA INV CO LTDS75000168.33
11/1/2008532935ARIES AGROA A DOSHI SHARES AND BROKS68998211.46
11/1/2008505506AXON INFOTECVIDHATA SECURITIES PVT LTDB1830069.83
11/1/2008505506AXON INFOTECKUSHAGRA SOFTWARE LTDB5400069.99
11/1/2008505506AXON INFOTECABSOLUTE LEASING AND FINVEST PVTB2062669.99
11/1/2008530457CINERAD COMMPRANIDHI HOLDUNGS PVT LTDS20000017.30
11/1/2008517973DMC INTERSFS INFINITE LTDS2000034.00
11/1/2008517973DMC INTERIFL PROMOTERS LTD.S2000034.28
11/1/2008532022FILAT FASHCHIRANJILAL.JAYRAM.VYASS10000027.70
11/1/2008524624GAGAN GASE LMADHU PARWALB3500011.00
11/1/2008531784KADAMB CONSTANITA VYAPAAR PRIVATE LIMITEDB2000056.99
11/1/2008505523MAH IND LEASGLOBAL FILM AND BORD CASTING LTDB2500055.00
11/1/2008501209MAST MEDI SYMAVI INVESTMENT FUND LTDB5078069.95
11/1/2008526169MULTIBASE 1VISHAL SHAHB10586849.81
11/1/2008532934PRECISIONMATRIX EQUITRADE PVT LTDB205264143.34
11/1/2008532934PRECISIONOPG SECURITIES PVT LTDB226202143.96
11/1/2008532934PRECISIONMAHANAND PRASADB101384141.98
11/1/2008532934PRECISIONMATRIX EQUITRADE PVT LTDS205264143.28
11/1/2008532934PRECISIONOPG SECURITIES PVT LTDS226202143.45
11/1/2008532934PRECISIONMAHANAND PRASADS101384141.49
11/1/2008531646RFL INTERNATNITIN GUPTA HUFB300002.66
11/1/2008531646RFL INTERNATCHINTAN GUPTA HUFB300002.66
11/1/2008531646RFL INTERNATJAGJIT SINGH CHAUDHARYS550002.66
11/1/2008532887SUJANATOWERDMA INVESTMENT PVT LTDB370683207.58
11/1/2008531418SYSTEL INFOTRASHEL AGROTECH LTD.S3144001.00
11/1/2008531703TRIBHVAN HSGSIGRUN REALITIES LTDB8500035.48
10/1/2008505506AXON INFOTECVIRENDER KUMAR MITTAL HUFB680375.90
10/1/2008505506AXON INFOTECKASHIRAM KADAMB3400075.21
10/1/2008505506AXON INFOTECVIRENDER KUMAR MITTAL HUFS680376.32
10/1/2008505506AXON INFOTECKASHIRAM KADAMS1092075.28
10/1/2008531137GEMSTONE INVVIPUL HIRALAL SHAHB20000030.59
10/1/2008531137GEMSTONE INVMALA HEMANT SHETHB5100029.83
10/1/2008531137GEMSTONE INVKISHORE BALUBHAI CHAUHANB5000029.63
10/1/2008531137GEMSTONE INVHEMANT MADHUSUDAN SHETHS12550030.46
10/1/2008532067KILPEST INDIHEMANT MADHUSUDAN SHETHS4000097.11
10/1/2008531646RFL INTERNATLALITA Y MEHTAS591332.49
9/1/2008531223ANJANI SYNTHTEJAS JAYANTILAL SHAHB27861135.78
9/1/2008531223ANJANI SYNTHTEJAS JAYANTILAL SHAHS31420132.76
9/1/2008506874ASKME IN HUV PRASAD BABUB700002.42
9/1/2008531682CAT TECHNOLSHYAM ALCOHOL AND CHEMICALS LTDB22500015.36
9/1/2008531270DAZZEL CONFIPARESH POPATBHAI BALLARB425007.71
9/1/2008531863GEEKAY FINANC R RAJESH NAIRB2500056.80
9/1/2008531137GEMSTONE INVPREM MOHANLAL PARIKHB2750029.16
9/1/2008531137GEMSTONE INVKISHOR BALUBHAI CHAUHANB2650028.69
9/1/2008531137GEMSTONE INVBHAVESH PRAKASH PABARIB1950029.01
9/1/2008531137GEMSTONE INVPREM MOHANLAL PARIKHS1500028.90
9/1/2008531137GEMSTONE INVKISHOR BALUBHAI CHAUHANS1500028.90
9/1/2008531137GEMSTONE INVBHAVESH PRAKASH PABARIS2000029.02
9/1/2008531137GEMSTONE INVANKIT RAJENDRA SANCHANIYAS1500028.90
9/1/2008532067KILPEST INDIHEMANT MADHUSUDAN SHETHB76650102.31

Reliance Power - 1 day to go!


Applying for Reliance Power IPO ?

Yes ! Anil bhai's dream! 834 (66.08%)

No! Scam !! 428 (33.92%)

Votes so far: 1262


The "No Scam!!" vote has slowly and steadily increased. While the last "BIG" issue DLF had so many against votes, Reliance Power is still a clear winner garnering 2/3 of the votes

Eveninger - Jan 14 2008


Eveninger - Jan 14 2008

Maruti Suzuki - Jan 11 2008


Maruti Suzuki - Jan 11 2008

Infosys Technologies - Jan 11 2008


Infosys Technologies - Jan 11 2008

Sensex sheds 99 points


The market ended the volatile session in the red as index heavyweights ICICI Bank and Infosys Technologies drifted lower. Reliance Industries moved higher. NTPC soared. Bharti Airtel, Maruti Suzuki and Wipro slumped. Oil & gas shares were in demand. IT and consumer durables stocks slipped. The market breadth was positive. 19 out of 30 stocks from the Sensex pack were in red.

Asian markets, which opened before Indian markets, were mixed. European markets, which were mixed in early trades, were in green.

The market regulator Securities and Exchange Board of India (Sebi) on Friday, 11 January 2008, gave its go-ahead for the launch of long duration options on the popular Sensex and Nifty indices with tenures up to three years. At present maximum duration for any futures & options contract is three months.

The 30-share BSE Sensex lost 99.40 points or 0.48% to 20728.05. Sensex hit a low of 20,661.90 in the mid-afternoon trade. At day’s low, Sensex shed 165.55 points. Sensex hit a high of 20,985.62 at the onset of the trading session. At the day's high, Sensex rose 158.17 points.

The broader CNX S&P Nifty rose 6.70 points or 0.11% at 6206.80.

The BSE Mid-Cap index was up 1.04% to 9,537.05. The BSE Small-Cap index was up 1.38% to 12,869.30. Both these indices outperformed the Sensex.

The market breadth was positive. On BSE, 1553 shares advanced as compared to 1301 that declined. 24 remained unchanged.

The BSE clocked a turnover of Rs 7033 crore as compared to Rs 8,018.66 on Friday, 11 January 2008.

Nifty January 2008 futures were at 6225.45, at a premium of 18.65 points as compared to spot closing of 6206.80.

The NSE's futures & options (F&O) segment turnover was Rs 53245.37 crore, which was lower than Rs 68449.32 crore on Friday, 11 January 2008.

NTPC jumped 4.65% to Rs 284.95, Bharat Heavy Electricals gained 1.59% to Rs 2473.95, and HDFC Bank rose 1.45% to Rs 1787.90.

India’s second largest telecom service provider by sales Reliance Communications rose 1.47% to Rs 805.15 on reports it has received additional spectrum to start GSM services in 14 circles.

India’s largest commercial bank State bank of India (SBI) rose 1.03% to Rs 2462.25 after its board approved a proposal to raise Rs 16736 crore through a rights share issue. SBI will issue one share for every five shares held. The issue will be priced at Rs 1,590 each.

India’s largest listed cellular service provider by market share Bharti Airtel slumped 6.05% to Rs 907.30 after rival company Reliance Communications was allocated Global System for Mobile (GSM) communications spectrum in 14 circles in India.

Maruti Suzuki slipped 4.87% to Rs 854.95, Housing Development Finance Corporation declined 2.73% to Rs 2977.25, Mahindra & Mahindra shed 2.47% to Rs 755.65, and ACC fell 2.46% to Rs 875.90.

India's largest private sector firm by market capitalization and oil refiner Reliance Industries (RIL) rose 2.82% to Rs 3216.30 on reports the company is venturing into synthetic fuels through a $6-8 billion project that will turn coal into oil. Globally, this is called coal-to-liquid, or CTL, technology. RIL aims to produce about 80,000 barrels of oil per day through the process. The Rs 30,000 crore project will consume about 30 million tonnes of coal annually, reports suggest.

Another reason for the upmove in the stock was expectations of strong Q3 December 2007 results. RIL unveils Q3 results on Thursday, 17 December 2007.

The BSE Oil & Gas index rose 2.13% to 14,126.83. It outperformed the Sensex. BPCL soared 7.42% to Rs 467.10, Reliance Natural Resources jumped 7.14% to Rs 222, HPCL spurted 4.75% to Rs 349.75, Reliance Petroleum rose 2.50% to Rs 225.25 and Essar Oil moved up 1.09% to Rs 305.05.

IT stocks fell on US recession fears. The BSE IT index fell 2.85% to 3,987.06. It underperformed the Sensex.

India's second largest software exporter by sales Infosys Technologies fell 3.16% to Rs 1530.20. Infosys Technologies on Friday, 11 January 2008, reported 11.9% growth in consolidated net profit as per Indian GAAP to Rs 1231 crore on 4% rise in sales to Rs 4271 crore in Q3 December 2007 over Q2 September 2007.

Wipro slipped 5.05% to Rs 461.05, TCS skid 2.86% to Rs 960.80, and Satyam Computers fell 2.76% to Rs 399.40. Indian IT firms derive more than half of their revenues from the US market.

The BSE Consumer Durables index fell 1.46% to 6,119.67. It underperformed the Sensex. Videocon Industries fell 5% to Rs 600.90, Gitanjali Gems declined 1.19% to Rs 409.90, and Titan Industries fell 0.48% to Rs 1560.70.

The BSE Bankex rose 0.64% to 12,558.80. It outperformed the Sensex. India’s largest private sector bank by assets ICICI Bank fell 2.18% to Rs 1408. The stock had surged last week on reports it plans to list four for its subsidiaries starting with its securities arm, ICICI Securities.

Axis Bank soared 8.37% to Rs 1265.20, Karnataka Bank spurted 5.79% to Rs 268.45, Bank of Baroda climbed 5.35% to Rs 467.90, Indian Overseas Bank flared up 4.32% to Rs 194.25 and Centurion Bank of Punjab rose 3.98% to Rs 70.50.

Fertiliser stocks galloped on reports that the Department of Fertilisers is planning to approach the Cabinet next month to seek its approval for setting up a regulator for the sector to determine the pricing of fertilisers. Godavari Fertilisers and Chemicals jumped 9.54% to Rs 179.75, Coromandel Fertilisers moved up 5.56% to Rs 126.25, Rashtriya Chemicals and Fertilisers soared 5% to Rs 121.60, and Chambal Fertilisers and Chemicals rose 3.09% to Rs 80.15.

MIC Electronics, which makes the light-emitting diode (LED) video display system, rose 4.25% to Rs 919 after the company today, 14 January 2008, said its board has approved buying a stake of up to 51% in a power electronics firm and up to 74% in an entertainment firm.

Civil engineering and construction firm Hindustan Construction Company rose 2.72% to Rs 235.85 on reports the company has emerged as the lowest bidder to construct the first strategic crude reserve in India. The company is likely to be awarded the contract this week, the reports added.

Energy Development Company spurted 5.71% to Rs 293.55 after the power producer said it has signed agreements to develop five hydropower projects in the north-eastern state of Arunachal Pradesh.

Porwal Auto Components settled at Rs 79.65 on BSE, a premium of 6.2% over the IPO price of Rs 75. The stock debuted at Rs 79.85, a premium of 6.45% over the IPO price.

Reliance Natural Resources clocked the highest turnover of Rs 488.28 crore on BSE. Jaiprakash Associates (Rs 322.53 crore), Reliance Communications (Rs 196.69 crore), Reliance Petroleum (Rs 189.72 crore) and Relaince Industries (Rs 176.68 crore), were the other turnover toppers on BSE in that order.

Reliance Natural Resources registered highest volumes of 2.22 crore shares on BSE. Porwal Auto Components (1.99 crore shares), Ispat Industries (1.43 crore shares), Centurion Bank of Punjab (1.02 crore shares) and Relaince Petroleum (84.67 lakh shares), were the other volume toppers on BSE in that order.

In Europe, France’s CAC 40 was up 0.16%, UK’s FTSE 100 was up 0.10% and Germany’s DAX was up 0.22%.

Asian markets were trading mixed today, 14 January 2008. Hong Kong's Hang Seng was down 1.48%, South Korea's Seoul Composite was down 0.92% and Japan’s Nikkei 225 was down 1.93%. However, Taiwan's Taiwan Weighted was up 1.79% and China’s Shanghai Composite was up 0.24%.

US stocks declined sharply on Friday, 11 January 2008 on a warning by American Express of mounting credit-card defaults and a slowdown in consumer spending. Dow Jones Industrial Average slumped 246.79 points, or 1.92%, at 12,606.30, Standard & Poor's 500 Index fell 19.31 points, or 1.36%, to 1,401.02 and Nasdaq Composite Index dropped 48.58 points, or 1.95%, at 2,439.94.

Market Close: Profit booking continues but RIL up..


After a modest start indices lost the gains on ground on some selling pressure. Profit booking was seen in Large caps while midcaps and small caps saw some value buying. IT and Auto took the hit while among the gainers were Banks, oil and gas, realty, metals and power stocks. Markets remained ranged bound between 200 points for most part of the day. Though the global cues were negative Indian markets seems to be isolating slowly from the US markets. RIL was major gainer as investors are expecting it to come out with Reliance Fresh IPO. Results season is on cards and expectations are high. Asian markets ended in red. European Indices are trading mix.

Sensex was down by 99 points at 20728.05.Weighing on the Sensex were losses in Bharti Tele (907.3,-6 percent), Wipro (461.4,-5 percent), Maruti (854.95,-5 percent), Infosys (1530.2,-3 percent) and TCS (960.8,-3 percent). Losses were restricted by gains in Hero Honda (704.15,+7 percent), NTPC (284.95,+5 percent), RIL (3216.3,+3 percent), BHEL (2473.95,+2 percent) and RCVL (805.15,+1 percent).
Sayaji Hotels is mainly in the hotel and restaurant business. The hotels of the company are located in Indore and Baroda. The restaurant business of the company is managed by a 100% subsidiary 'Sanchi Hotels Pvt Ltd' which was formed in October 2006. The restaurants of the company are operational under the brand name of 'Barbeque-Nation' and come in the category of high end restaurants. Restaurant business seems to be the next revenue driver for the company. Sayaji is now in the transition phase. Sayaji can be considered as an investment option with 2-3 year time frame the back of favorable macro scenario. Do read our note on the company to know why. Sayaji closed higher by 6% for the day.

Balkrishna Industries is into manufacturing of Agri and OTR tyres. 80% of the tyre revenues are from exports. Majority of the exports are to Eastern Europe with 60% to the Agriculture sector. The company's performance was good especially in the headwinds of higher raw material prices. It is in the process of expansion and that is because the demand supply remains in favour of the company. There are not much global capacities coming on and the demand scenario is quite robust. The company is extremely confident of having price hikes and maintaining its margins. The stock has performed since our coverage. Do read our research note to know more.

Technically Speaking: Sensex traded volatile in both territories to finally end in red. It made intraday high of 20,959 and days low of 20,662. Volume was a bit dull at Rs 7033crs. The breath was in favor of Advances, where Advances stood at 1551 and Declines at 1304. Sensex resistance stands at 21,000 and support lies at 20500 - 20200 on daily charts.

Stocks Data of 3600 companies on BSE


Stocks Data of 3600 companies on BSE

Post Market Commentary - Jan 14 2008


The Indian market closed mixed as the Nifty closed up with marginal gains while BSE Sensex closed on a negative note. The market opened on a firm note on the back of heavy buying across the counters but was unable to sustain its gains. A lot of volatility was seen in today''s trading session as the investor''s took calculated steps in booking their positions. However, the Small Caps and Mid Caps stocks that faced the downturn for the last so many trading session remained in the limelight today as most buying was seen from these baskets. The BSE Small cap and Mid Caps closed with hand some gain of 168.37 points and 98.42 points at 12,862.39 and 9,536.90 respectively. The BSE Sensex closed lower by 99.40 points at 20,728.05 and NSE Nifty grew by 6.7 points to close at 6,206.80.

BSE Metal index closed higher by 105.40 points at 18,856. Scrips that grew are Jindal Steel (7.20%), Gujarat NRE (6.82%), Jindal Stainless (4.05%), JSW Steel (2.56%).

BSE Realty index closed up by 164.27 points at 13,647.15. Scrips that jumped are Anant Raj (12.15%), Mahindra Life (4.11%), HDIL (2.81%), Parsvnath (1.54%) and Unitech (1.05%).

BSE Bankex index increased by 79.84 points to close at 12,558.80 as Axis bank (8.37%), BOB (5.35%), IOB (4.32%), Andhra Bank (3.69%), BOI (3.22%), HDFC Bank (1.45%) closed higher.

BSE Oil & Gas index grew by 294.33 points to close at 14,126.83. Scrips that advanced are BPCL (7.42%), RNRL (7.14%), HPCL (4.75%), Reliance Inds (2.82%), RPL (2.50%) and Essar Oil (1.09%).

BSE Capital Goods index inched up by 35.47 points to close at 19,521.35. Scrips that grew are Jyoti Structures (3.69%), AIA Eng (2.27%), Alstom Projects (1.47%) and BHEL (1.59%).

BSE Health Care increased by 13.60 points to close at 4,196.54 as Glenmark (5.75%), Fortis Health (4.42%), Lupin (4.13%)

BSE IT index slipped by 116.82 points to close at 3,987.06. Scrips that fell are Karut Net (4.99%), Wipro (5.05%), Infosys (3.16%), TCS (2.86%), Satyam (2.76%)

Sensex drops amid choppy trades


Today domestic indices remained choppy on the back of profit bookings in index pivotal stocks. The Sensex moved 91 points up, above its previous close to open at 20,918 and advanced further to touch an intra-day high of 20,986 in the early trades. After displaying firm trend for a while the Sensex drifted into the red by mid-morning session. It tumbled sharply in the noon trades to touch the day's low of 20,662, down 324 points from its day's high. However, buying in oil, power and realty stocks helped the market to cease the fall. The Sensex witnessed hectic activity in the last hour of the trading, before selective buying saw the Nifty end in the green with a gain of seven points at 6,207. However, the Sensex dropped 99 points to close at 20,728.

The market breadth was positive, with the gainers outpacing the losers. Of the 2,881 stocks that traded on the BSE, 1,576 stocks advanced, 1,283 stocks declined and 22 stocks ended unchanged. Most of the sectoral indices ended in the green. The BSE Oil & Gas index gained 2.13% at 14,127 followed by the BSE Power index (up 1.37% at 4,921) and the BSE PSU index (up 1.25% at 10,529). However, the BSE IT index dropped 2.85% at 3,987, the BSE Teck index (Down 2.17% at 3,721) and the BSE CD index (Down 1.46% at 6,120).

Among the Sensex stocks, NTPC was the leading gainer and its stock price soared 4.65% at Rs285. Among the other stocks, Reliance Industries advanced 2.82% at Rs3,216, BHEL jumped 1.59% at Rs2,474, while Reliance Communication, HDFC Bank, SBI and Ranbaxy closed with the gains 1% each. Among the laggards, Bharti Airtel slipped 6.05% at Rs907, Wipro shed 5.05% at Rs461, Maruti declined by 4.87% at Rs855, Infosys fell by 3.16% at Rs1,530 and TCS lost 2.86% at Rs961.

Over 2.22 crore RNRL shares changed hands on the BSE followed by Porwal Auto (1.99 crore shares), Ispat Industries (1.43 crore shares), Centurion Bank of Punjab (1.02 crore shares) and Reliance Petroleum (84.67 lakh shares).

RNRL registered a turnover of Rs488 crore on the BSE followed by JP Associates (Rs322 crore), RCom (Rs196 crore), Reliance Petroleum (Rs189 crore) and Reliance Industries (Rs176 crore).

Market ends lower


The market ended the volatile session in the red as index heavyweights ICICI Bank and Infosys Technologies drifted lower. Reliance Industries moved higher. NTPC soared. Bharti Airtel, Maruti Suzuki and Wipro slumped. Oil & gas shares were in demand. IT and consumer durables stocks slipped. The market breadth was positive. 19 out of 30 stocks from the Sensex pack were in red.

Asian markets, which opened before Indian markets, were mixed. European markets, which were mixed in early trades, were in green.

The market regulator Securities and Exchange Board of India (Sebi) on Friday, 11 January 2008, gave its go-ahead for the launch of long duration options on the popular Sensex and Nifty indices with tenures up to three years. At present maximum duration for any futures & options contract is three months.

The 30-share BSE Sensex provisionally ended down 126.07 points or 0.61% to 20701.38. Sensex hit a low of 20,661.90 in the mid-afternoon trade. At day’s low, Sensex shed 165.55 points. Sensex hit a high of 20,985.62 at the onset of the trading session. At the day's high, Sensex rose 158.17 points.

The broader CNX S&P Nifty provisionally ended up 13.65 points or 0.22% at 6213.75.

The BSE Mid-Cap index was up 1.04% to 9,537.05. The BSE Small-Cap index was up 1.38% to 12,869.30.

The market breadth was positive. On BSE, 1553 shares advanced as compared to 1301 that declined. 24 remained unchanged.

The BSE clocked a turnover of Rs 7033 crore as compared to Rs 8,018.66 on Friday, 11 January 2008.

India's largest private sector firm by market capitalization and oil refiner Reliance Industries (RIL) rose 3.03% to Rs 3223 on reports the company is venturing into synthetic fuels through a $6-8 billion project that will turn coal into oil. Globally, this is called coal-to-liquid, or CTL, technology. RIL aims to produce about 80,000 barrels of oil per day through the process. The Rs 30,000 crore project will consume about 30 million tonnes of coal annually, reports suggest.

Another reason for the upmove in the stock was expectations of strong Q3 December 2007 results. RIL unveils Q3 results on Thursday, 17 December 2007.

India’s largest private sector bank by assets ICICI Bank fell 3.47% to Rs 1390. The stock had surged last week on reports it plans to list four for its subsidiaries starting with its securities arm, ICICI Securities.

India's second largest software exporter by sales Infosys Technologies fell 3.15% to Rs 1530. Infosys Technologies on Friday, 11 January 2008, reported 11.9% growth in consolidated net profit as per Indian GAAP to Rs 1231 crore on 4% rise in sales to Rs 4271 crore in Q3 December 2007 over Q2 September 2007.

NTPC soared 5.33% to Rs 286.80, Bharat Heavy Electricals moved up 1.64% to Rs 2475, HDFC Bank gained 1.46% to Rs 1788, State bank of India rose 1.14% to Rs 2464.95 and Ranbaxy Laboratories gained 0.92% to Rs 399.

Bharti Airtel slumped 6.54% to Rs 905.50, Wipro slipped 5.36% to Rs 459.90, Maruti Suzuki skid 3.19% to Rs 870, Housing Finance Development Corporation (HDFC) fell 2.95% to Rs 2970.50 and TCS gave away 2.73% to Rs 962.05.

In Europe, France’s CAC 40 was up 0.16%, UK’s FTSE 100 was up 0.10% and Germany’s DAX was up 0.22%.

Asian markets were trading mixed today, 14 January 2008. Hong Kong's Hang Seng was down 1.48%, South Korea's Seoul Composite was down 0.92% and Japan’s Nikkei 225 was down 1.93%. However, Taiwan's Taiwan Weighted was up 1.79% and China’s Shanghai Composite was up 0.24%.

US stocks declined sharply on Friday, 11 January 2008 on a warning by American Express of mounting credit-card defaults and a slowdown in consumer spending. Dow Jones Industrial Average slumped 246.79 points, or 1.92%, at 12,606.30, Standard & Poor's 500 Index fell 19.31 points, or 1.36%, to 1,401.02 and Nasdaq Composite Index dropped 48.58 points, or 1.95%, at 2,439.94.

Nifty January 2008 futures at premium


Turnover in F&O segment declines

Nifty January 2008 futures were at 6225.45, at premium of 18.65 points as compared to spot closing of 6206.80.

The NSE's futures & options (F&O) segment turnover declined to Rs 53,245.37 crore as compared to Rs 68,449.32 crore on Friday, 11 January 2008.

Reliance Natural Resources January 2008 futures were at premium, at 223.20, compared to the spot closing of 222.20. It was the most active contract on NSE's F&O segment with turnover of Rs 3148.78 crore

Reliance Industries January 2008 futures were at premium, at 3239, compared to the spot closing of 3233.

State Bank of India January 2008 futures were at premium, at 2461, compared to the spot closing of 2454.

In the cash market, the S&P CNX Nifty gained 6.70 points or 0.11% at 6206.80

J Kumar Infraprojects IPO Analysis


J Kumar Infraprojects (JKIL), promoted by Jagdishkumar M Gupta and his family, is a small civil engineering company focussed on construction of roads, flyovers, civil construction of buildings, irrigation projects and piling works. Operations are largely confined in Maharashtra and to a large extent in Mumbai. The company is a registered contractor with various government agencies.

JKIL had executed transportation contracts totaling Rs 83.95 crore and civil construction work amounting to Rs 13.78 crore end March 2007. The biggest project executed was the construction of a flyover covering Kalyan Naka junction to ST Depot junction in Thane District amounting to Rs 21 crore. The company has executed some irrigation projects in the Vidarbha region. Designing and construction of four flyovers at Dr Babasaheb Ambedkar Marg in Mumbai with project cost of Rs 111.90 crore is the biggest project in its unexecuted order backlog. This project was bagged by the 50:50 joint venture with Nagarjuna Construction Company (NCC).

About 69% (37% from road, and 32% from flyovers) of the revenues were from transportation projects in the six months ended September 2007. The share of the relatively better margin civil construction was 18% and of high margin piling business about 7%.

The current IPO is to fund the purchase of capital equipments, meeting working capital requirement and to achieve the benefits of stock-exchange listing. Purchase of Rs 50.84-crore capital equipment will be completely funded from the proceeds of the issue. About Rs 18 crore of the issue proceeds will be used to meet working capital requirement.

Strengths

Order book was Rs 461.15 crore end November 2007. Orders included new contracts and unfinished contracts. The current order book translates into four times the financial year ending March 2007 (FY 2007) revenue, providing strong revenue visibility.

Piling contracts is a high-margin business. Efforts to add another four piling rigs to the current fleet of 11 piling rigs using IPO proceeds are part of the scaling up operations. Contribution of piling operations to total revenue was about 7% in the half year ended September 2007 and FY 20’07 compared with just 4% in FY 2006 and nil in FY 2005. Moreover, the piling operation is also devoid of geographical-concentration risk. If the piling contracts business, a niche segment, can be scaled up, margin can improve.

Weaknesses

As the nature of contracts handled are not very complex, there is strong competition with lots of operators. This and the small size of operations is a concern. The ability to move up to higher ticket and complex jobs has to be seen.

Most of the construction operations are centered in Mumbai or Maharashtra. The geographical concentration raises concern on order flow, linked to policy, political and financial environment in the state.

The share of low-margin transportation projects in the current order book is over 78%.

Valuation

JKIL’s sales were up 391% to Rs 112.66 crore and net profit was higher by 642% to Rs 8.01 crore in FY 2007. On post-issue equity capital of Rs 20.72 crore, EPS for FY 2007 works out to Rs 3.9. At a offer price of Rs 110 to Rs 120, P/E is 28.2 to 30.8 times. In comparison, industry peers Roman Tarmat, PBA Infrastructure and Supreme Infrastructure are available at a PE of around 20 times FY 2007 earning.

Market to remain volatile - Jan 14 2008


Recent sell-off in US and European indices coupled with subdued Asian markets in morning trades may weigh on the local indices in early trades and thereafter could exhibit volatility during intra-day trades. However, a smart recovery in Friday's trades and the prevailing bullish trend may add to the market advantage and help the sentiment turn positive. Among the domestic indices, the Nifty could test 5,980 and below this level may slip to 5,675, while on the upside it could edge higher to 6,400. The Sensex has a likely support at 19,500 and may face resistance at 21,000. Among the major results, CMC, Exide Industries, Geometric and many more are expected to announce their quarterly numbers.

US indices tanked on Friday on revival of fearers of recession after American Express's profit warning and Merrill Lynch's potential $15 billion writedown. The Dow Jones fell 247 points to close at 12,606 and the Nasdaq ended 49 points lower at 2,440.

Most of the Indian ADR's fell on the US bourses. Infosys was the biggest loser and dropped over 6.30% followed by Satyam, Wirpo and VSNL declined over 5% each, while ICICI Bank, MTNL, Patni Computer, Tata Motors and HDFC Bank were down around 0.5%-1% each. However, Rediff soared over 2%.

Crude oil prices in the US market edged lower, with the Nymex light crude oil for February delivery was down by $1.20 to close at $92.69 per barrel. In the commodity segment, the Comex gold for February series surged by $4.10 to settle at $897.70 an ounce.