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Friday, June 15, 2012
Rakesh Jhunjhunwala - Top Holdings and Performance
via Economic Times Billionaire investor Rakesh Jhunjhunwala has made a fortune and attracted a large following in India with his bold bets on domestic stocks. Many call him 'India's Warren Buffett'. Unlike the famed Omaha investor, Jhunjhunwala is a fan of leverage, which perhaps best defines his investment strategy. Following are the top six holdings held by Jhunjhunwala, based on stock exchange filings. Company -- Aptech Stake -- 32.19% YTD Performance (to June 13) -- +10.6% Company -- A2Z Maintenance Stake -- 19.10% YTD Performance (to June 13) -- +20.5%
Market may open higher on firm Asian stocks
The market may edge higher in early trade on firm Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 24.50 points at the opening bell. Asian stocks gained on Friday, 15 June 2012, on reports that the major central banks around the world are considering bolstering liquidity support in the event that the Greek election goes badly this weekend. HDFC said its management completely disagrees with the contents of the Macquarie report dated 14th June 2012 as the concerned analyst has not attempted to meet anyone from HDFC before making the aforesaid report and verify the facts and statements made therein. Moreover it is surprising that Macquarie in its report as recently as May 7, 2012 had put a price target of Rs.775 on HDFC stock with an outperform rating based on the same facts and figures, HDFC said in a statement. "We are therefore unable to understand as to what prompted the analyst to change his recommendation and outlook within a months time", HDFC said.
Flat to positive start likely
Indian markets may open on a flat to positive note tracking positive Asian cues and on account of SGX Nifty trading 23.50 points higher. Events for the day: Ex-date for dividend of Uco Bank and Corporation Bank. Ex-date for final dividend of Prism cement and VST Industries.
Thursday, June 14, 2012
Market snaps two-day winning streak
Key benchmark indices snapped two-day winning streak as the latest data showed inflation accelerating in May 2012 and after the government revised upwards inflation for March 2012 to 7.69% from a provisional reading of 6.89%. Weakness in global stocks caused by euro-zone debt worries also weighed on sentiment. The market breadth was weak. The barometer index, BSE Sensex, was down 202.63 points or 1.2%, up about 20 points from the day's low and off about 240 points from the day's high. From a recent low of 16,668.01 on 11 June 2012, the Sensex had risen 212.50 points or 1.27% in two trading sessions to 16,880.51 on Wednesday, 13 June 2012. The Sensex has risen 459.35 points or 2.83% so far in this month (till 14 June 2012). The barometer index has gained 1,222.96 points or 7.91% in calendar 2012 so far (till 14 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1,542.02 points or 10.18%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 2,453.82 points or 12.82%.
Wednesday, June 13, 2012
BSE Bulk Deals to Watch - June 13 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 13/6/2012 533163 Arss Infra Proj IFCI LTD. S 155371 51.27 13/6/2012 509026 Artheon Fin SANJAY HANUMAN PRASAD MALOO B 30000 60.90 13/6/2012 509026 Artheon Fin COSCO VANIJYA PVT LTD B 8000 62.40 13/6/2012 509026 Artheon Fin LAXMI MERCANTILE PRIVATE LIMITED S 31300 61.72 13/6/2012 509026 Artheon Fin ASHISH SANTOSHKUMAR GANERIWAL S 25800 61.48 13/6/2012 531346 Eastern Treads SHAILESH SHAH SECURITIES LTD. S 34300 10.46 13/6/2012 533400 Future Ventures FUTURE CORPORATE RESOURCES LIMITED B 10020000 8.50 13/6/2012 514312 Jaihind Syn VINOD RAM B 108500 13.15
NSE Bulk Deals to Watch - June 13 2012
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks 13-JUN-2012,DPTL,Dhunseri Petroc & Tea Ltd,PLENTY VALLEY INTRA LTD,BUY,275335,106.03,- 13-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,BUY,2248468,75.81,- 13-JUN-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,BUY,4284532,13.89,- 13-JUN-2012,LITL,Lanco Infratech Limited,SUNTECK WEALTHMAX CAPITAL PRIVATE LIMITED,BUY,11688817,13.98,- 13-JUN-2012,MCDOWELL-N,United Spirits Limited,CREDIT SUISSE (SINGAPORE) LIMITED A/C CREDIT SUISSE (SINGAP,BUY,921241,673.29,- 13-JUN-2012,3IINFOTECH,3i Infotech Limited,KOTAK MAHINDRA INTERNATIONAL LIMITED FCCB,SELL,1900000,10.01,- 13-JUN-2012,ARSSINFRA,ARSS Infra Proj. Ltd,IFCI LTD.,SELL,158193,51.18,- 13-JUN-2012,HDIL,Housing Development and I,GENUINE STOCK BROKERS PVT LTD,SELL,2248468,75.84,- 13-JUN-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,SELL,4288127,13.91,- 13-JUN-2012,LITL,Lanco Infratech Limited,SUNTECK WEALTHMAX CAPITAL PRIVATE LIMITED,SELL,12692817,14.00,- 13-JUN-2012,SURANAT&P,Surana Telecom and Pow Lt,RUPENDER JAIN,SELL,200000,16.50,-
Markets wind up day ahead of Inflation in green
The Indian markets closed today's volatile session on a flat note. The Sensex inched 18 points higher while the Nifty rose by 6 points. Major Headlines: RCom surges on nod for Flag Telecom listing Auto stocks dip on increase in excise duty on diesel cars UB Group on a high spirit, UB Holdings rallies 20% Rate cut expected on June 18, but will it help? Go Gold: An in-depth analysis of investing in the yellow metal!
FMCG, cement stocks advance
Key benchmark indices edged higher for the second straight day on expectations the Reserve Bank of India (RBI) will cut interest rates at mid-quarter monetary policy review on 18 June 2012 to prop up slowing economic growth. The barometer index, BSE Sensex, attained its highest closing level in over 5 weeks. The 50-unit S&P CNX Nifty reached its highest closing level in nearly 6 weeks. The Sensex advanced 17.71 points or 0.11%, up about 90 points from the day's low and off close to 60 points from the day's high. The market breadth was positive. Index heavyweight Reliance Industries (RIL) edged lower. From a recent low of 16,668.01 on 11 June 2012, the Sensex has risen 212.50 points or 1.27% in two trading sessions. The Sensex has risen 661.98 points or 4.08% so far in this month (till 13 June 2012). The barometer index has gained 1,425.59 points or 9.22% in calendar 2012 so far (till 13 June 2012). From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 1,744.65 points or 11.52%. From a 52-week high of 19,131.70 on 8 July 2011, the Sensex has lost 2,251.19 points or 11.76%.
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