Company Name
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Offer Price
(Rs.)
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Premium
(Rs.)
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Kostak
(Rs. 1 Lac
Application)
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Kostak
(Rs. 2 Lac
Application)
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Tribovandas Bhimji Zaveri
|
120 to 126
|
3 to 3.50
|
--
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--
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Samvardhana Motherson Fin.
|
113 to 118
|
--
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Friday, April 27, 2012
Grey Market Premiums - Tribovandas Bhimji Zaveri
Daily News Roundup - Apr 27 2012
MRF has started production at its new plant in Tiruchi (Tamil Nadu). The company has invested around Rs.9bn on the 200-acre plant, which will manufacture a full range of tyres, including truck tyres and radials.. (BL) Power generators who do not have power purchase agreements (PPA) with electricity distribution companies will not get Coal India supplies.(BL) ONGC said it is open to set up more urea and gas-based thermal power plants in the areas it has a presence in the hydrocarbon sector. Mahindra South Africa, an affiliate of Mahindra and Mahindra, will market SsangYong products here, the first country outside India, after M&M acquired a 70 % stake in the Korean car maker last year. BL)
Sensex struggles in dull trade...Nifty flat on F&O expiry
The F&O expiry session turned out to be quite tepid to say the least with the main Indian equity indices closing nearly unchanged. Today’s session was unusually low on volatility and lacked any specific direction right from start to end, with the NSE Nifty gyrating in a narrow trading band. The struggle for direction today came in the wake of Standard & Poor's move to lower the outlook on India's debt ratings to 'negative' from 'stable'. Indecisive Asian markets and renewed weakness in European markets added to the uncertainty. The BSE Sensex ended at 17,131, down 21 points or ~0.12% over the previous close. It had earlier touched a day’s low of 17,084 and a day’s high of 17,193. It opened at 17,191. The NSE Nifty settled at 5,189, down 13 points or 0.25% over the previous close. It touched a day’s low of 5,179 and day’s high of 5,215. Out of the 50 stocks in the Sensex notable losers were Gail India, Hero Motocorp, Hindalco, Tata Power, Bajaj Auto and Sterlite Industries. Among the major gainers were, Coal India, Jindal Steel, TCS, RIL and ITC.
Sell in May and go away!
In all things it is better to hope than to despair - Goethe. There’s despair on the street given that for many years, May to September has been more or less challenging for equities. We are staring at another boring opening after an unusually sedate F&O expiry. However, there is a silver lining in the dark clouds. Things might just perk up a wee bit amid reports that the Government could dilute the controversial GAAR to pacify agitating FIIs and breathe some life into the market. Another positive news is that monsoon is likely to be normal yet again. Also, the Cabinet has approved raising the cap on voting rights in private banks. The Nifty will see two new entrants today in Asian Paints and Bank of Baroda. They will replace R Power and RCOM. Important results for the day include ICICI Bank, Axis Bank, Jindal Steel, HCC, Hexaware and Siemens.
Market may open flat to slightly higher.
Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 6 points at the opening bell. ICICI Bank unveils FY 2012 results today, 27 April 2012. Axis Bank, Jindal Steel & Power and Siemens also unveil quarterly results today, 27 April 2012. Banking stocks will be in focus as in a push to financial sector reforms, the Cabinet reportedly on Thursday cleared the much awaited Banking Law (Amendment) Bill. It approved a proposal to cap shareholders' voting rights in private banks at 26% irrespective of their total holding. To find common ground with the Opposition, the Cabinet diluted the provisions of an earlier legislation to increase entities' voting rights in proportion to their shareholding. Key benchmark indices registered small losses in a lacklustre trading session on Thursday, 26 April 2012 as traders rolled over positions in the derivatives segment from the near-month April 2012 series to May 2012 series. The BSE Sensex shed 20.62 points or 0.12% to 17,130.67, its lowest closing level since 23 April 2012.
Thursday, April 26, 2012
BSE Bulk Deals to Watch - Apr 25 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 25/4/2012 512161 8K Miles Software BHAVINI VIJAYKUMAR SHAH B 70001 50.00 25/4/2012 512161 8K Miles Software RAVI PUKHRAJ SURANA S 45000 50.00 25/4/2012 530901 ACIL PRAGATI SHARES & STOCK SERVICES PRO.NARESH NAGINDAS SHAH S 4180000 0.44 25/4/2012 590122 Ashika Credit Cap SCOPE VYAPAR PRIVATE LIMITED S 79000 78.00 25/4/2012 531194 Brahmaputra Infra MUSKAN AGENCIES & TRADING PVT. LTD. B 500000 51.00 25/4/2012 531194 Brahmaputra Infra BRAHMAPUTRA FINLEASE PRIVATE LIMITED S 500000 51.00
NSE Bulk Deals to Watch - Apr 25 2012
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 25-APR-2012,FEDDERLOYD,Fedders Lloyds Corporatio,MACQUARIE BANK LIMITED,BUY,856204,56.00,- 25-APR-2012,HOTELRUGBY,Hotel Rugby Ltd.,JIVRAJBHAI KARSHANBHAI DAKHRA,BUY,100000,12.20,- 25-APR-2012,HOTELRUGBY,Hotel Rugby Ltd.,SURESHBHAI SHAMJIBHAI DAKHARA,BUY,100000,12.20,- 25-APR-2012,JKLAKSHMI,JK Lakshmi Cement Limited,THE GREAT EASTERN SHIPPING CO,BUY,659683,66.00,-
Wipro slumps on high volume after guiding flat IT services revenue in Q1
Firm European shares helped Indian stocks recover from an intraday slide caused by global credit rating agency S&P cutting its outlook on India's long-term rating to negative from stable. Volatility was high as the 50-unit S&P CNX Nifty recovered after hitting its lowest level in nearly 4 weeks in early afternoon trade. The barometer index BSE Sensex trimmed losses after hitting its lowest level in more than one week. The Sensex lost 56 points or 0.33%, up close to 130 points from the day's low and off about 100 points from the day's high. Wipro tumbled over 7% after the company at the time of announcing its Q4 March 2012 results before market hours today said it expects revenue to remain flat sequentially in Q1 June 2012. Index heavyweight Reliance Industries (RIL) edged higher in volatile trade. Bank stocks were mixed. Realty stocks declined. Auto stocks were mostly higher, with bike major Hero MotoCorp hitting record high. The Sensex has declined 252.91 points or 1.45% so far in April 2012 (till 25 April 2012). The index has surged 1,696.37 points or 10.97% in calendar 2012 so far (till 25 April 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,015.43 points or 13.31%. From a 52-week high of 19,633.63 on 27 April 2011, the Sensex has lost 2,482.34 points or 12.64%.
Tuesday, April 24, 2012
Markets may see flat opening
The Indian markets may begin the trade on a flat note on the back of mixed Asian cues. Headlines for the day: FII holding in BoB falls below threshold limit: RBI. Maruti Suzuki to set up R&D centre at Rohtak. Govt allows RIL-BP to survey only 5 gas fields in KG-D6 block. TRAI sets steep minimum price for 2G spectrum auction.
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