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Wednesday, July 18, 2012
BSE Bulk Deals to Watch - July 18 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 18/7/2012 530027 Aadi Inds NADIM AHMAD SIDDIQUE B 67200 4.46 18/7/2012 530027 Aadi Inds MANSI RUSHABH SHAH S 76376 4.46 18/7/2012 524448 Ahlcon Par GLOBE CAPITAL MARKET LIMITED S 51430 435.77 18/7/2012 534535 BIOGRPAPER RAJESH VIJAYVARGIYA B 46293 7.33 18/7/2012 531458 BOSTON BIO MAHENDRA RAMNIKLAL SANGHAVI B 50000 3.90 18/7/2012 531458 BOSTON BIO RUDOLF MAELZER B 64000 3.90 18/7/2012 531458 BOSTON BIO HEMA GOVINDBHAI PATEL S 500000 3.90
Mkts play volatile innings; Sensex closes trade with smart gains!
The Indian markets emerged from a gloomy session of the opening bell and shut shop with smart gains. The Sensex rose 80 points while the Nifty surged 23 points in trade today. Major Headlines of the Day: Reliance MediaWorks plans to raise fund June consumer inflation at 10.02% Y-o-Y Bajaj Auto Q1 FY13 results flash: Disappointed on margins Sanwaria Agro jumps after posting Q1 results Decision on reserved spectrum price deferred
Pantaloon Retail (India) leads gainers in 'A' group
Financial Technologies (India), Tata Communications, Century Textiles & Industries and GMR Infrastructure are among the other gainers. Organised retailer Pantaloon Retail (India) jumped 6.83% to Rs 186.85. The stock topped the gainers in the BSE's 'A' group. The government is planning to persuade the chief ministers of individual states to back the entry of foreign supermarket chains, Commerce and Industry minister Anand Sharma said in an interview to a news agency on Tuesday, 17 July 2012. Mr. Sharma said chief ministers of at least eight out of 28 states had publicly declared their support for the policy. The main opposition Bharatiya Janata Party is staunchly opposed.
Aviation stocks, retailers advance on reform hopes
Key benchmark indices edged higher on expectations that the government will kick-start economic reforms after the upcoming presidential election. The barometer index, BSE Sensex, jumped 79.71 points or 0.47%, up 146.42 points from the day's low and off 20.25 points from the day's high. The market breadth turned positive from negative in late trade. Data showing sustained buying of Indian stocks by foreign funds this month and gains in European shares underpinned sentiment. Auto stocks reversed intraday losses as data released early this week showed the rate of growth in inflation based on the wholesale price index slowed in June 2012. India's second largest motorcycle maker by sales Bajaj Auto surged over 5% after the company said at the time of announcement of Q1 June 2012 results it has undertaken proactive measures like rationalizing the end-user cost of vehicles in Sri Lanka and with these measures the company expects normalcy in exports to resume by end of Q2 September 2012.
Infosys Stock Concerns
Infosys sank to its 52- week low on Monday, raising concerns about not only the company’s performance but the sector as a whole.The stock hit a yearly low of Rs 2,164 on the BSE before pulling back to Rs 2,172.60, a loss of Rs 55.20, at the close. Infosys shares have corrected by almost 10 percent since July 12 after the company announced its first quarter numbers and cut its FY13 dollar revenue guidance growth to five percent from the earlier eight-10 percent
Daily News Roundup - July 18 2012
Reliance Industries and its partner BP said that KGD6 might stop production in 2015 if the government did not approve its long-pending investment proposals and revised capital expenditure plans. (BS) Jindal Steel Bolivia Ltd, a subsidiary of JSPL, terminated the contract signed with the Bolivian government for an investment of US$2.1bn for the El Mutun mines. The company cited "non-fulfilment of contract conditions by the Bolivian government" for the action. (BS) RIL-owned Infotel Broadband, which has so far been focused on data transfer, is likely to bid aggressively in category A circles. (ET) NTPC has proposed to import 16mn tons of coal this fiscal up from 12mn tons last fiscal to meet its requirements. (BL)
Sensex ends static…Broader market falls; VIX slips
The NSE Nifty has now closed in the red for the past five trading sessions. Also, this was the third consecutive occasion when the Nifty opened with a positive gap but closed lower after failing to capitalize on the early gains. Markets erased early morning gains and were on a constant declining trend throughout the day, as investors remained cautious amid cloudy outlook for monsoon and its impact on the sluggish Indian economy. In addition, the enthusiasm over a possible rate cut has been dampened after the RBI Governor said that inflation remains beyond the central bank's comfort levels. Investors seem to be taking a breather of sorts after lifting the Nifty to 5300 recently on optimism about reforms under the stewardship of Dr. Manmohan Singh.
Less suffering, less enjoyment
The happiest is the person who suffers the least pain; the most miserable who enjoys the least pleasure. – Rousseau. There is hardly any pleasure left in the market for the time being as market participants digest the latest quarterly earnings amid persistent worries about the murky macro-economic situation. The opening is likely to be a sedate one amid mixed global cues. Watch out for the consumer price inflation for June and Bajaj Auto results. Asian markets are indecisive, with the Hang Seng among the big losers so far. Japanese indices are trading modestly higher. US markets advanced as encouraging earnings from Coca-Cola and Goldman Sachs offset disappointment over Fed chairman Ben Bernanke’s comments.
Markets may open flat
Indian markets are set to begin on a flat note led by mixed global cues. SGX Nifty is trading 1 point higher. Events for the day: Results: Bajaj Auto, Crisil, Bajaj Holdings & Investment. Headlines for the day: Jyothy Laboratories issues bonus shares. Uttam Sugar promoter to sell nearly 8 lakh shares. RIL, BP warn govt of KG-D6 closure in absence of funds. TRAI open to discussions on ad time limits in TV channels. Two-day bank employees strike from July 25. <1--more--> Indian Indices: Today, the opening on Dalal Street is expected to be on a flat note tracking mixed global cues. SGX Nifty is trading 1 point higher. VKS Projects will list its equity shares on exchanges today. The issue price has fixed at lower end of price band of Rs55-60 a share. The Company is engaged in the business of undertaking EPC contracts of CS/SS/alloy steel turnkey piping, civil land development, industrial / commercial infra projects, structural fabrication and erection of equipments, fire fighting projects and commissioning of chemical plants. Major companies reporting results today — Bajaj Auto, Crisil, Bajaj Holdings & Investment. On Tuesday (July 17, 2012), the Sensex settled at 17105, up by 1.99 points while the Nifty closed at 5192, slipping by 4.40 points. Global Indices: Asian stock markets edged higher on Wednesday (July 18, 2012) on hopes that the US central bank has left the door open for more stimulus measures later in the year, after chairman Ben Bernanke outlined a gloomy view of the US economic recovery. European shares turned negative on Tuesday (July 17, 2012) after the U.S. Federal Reserve Chairman Ben Bernanke offered few new clues about another round of stimulus measures to support the economy. US stocks surged, erasing earlier losses on Tuesday, as Federal Reserve Chairman Ben S. Bernanke told senators the central bank is prepared to act to boost growth if the labor market doesn’t improve. Daily trend of FII/MF investment in equities: The FIIs have been the net buyers Indian stocks to the tune of Rs355.80 crore on July 16, 2012. The domestic investors bought Indian shares worth a net of Rs10.60 crore on July 16, 2012. The data is as per the SEBI website. Commodity Cues: Oil hovered on Tuesday amid hopes China and the US will take new steps to bolster their economies.
Markets may open flat
Indian markets are set to begin on a flat note led by mixed global cues. SGX Nifty is trading 1 point higher. Events for the day: Results: Bajaj Auto, Crisil, Bajaj Holdings & Investment. Headlines for the day: Jyothy Laboratories issues bonus shares. Uttam Sugar promoter to sell nearly 8 lakh shares. RIL, BP warn govt of KG-D6 closure in absence of funds. TRAI open to discussions on ad time limits in TV channels. Two-day bank employees strike from July 25. <1--more--> Indian Indices: Today, the opening on Dalal Street is expected to be on a flat note tracking mixed global cues. SGX Nifty is trading 1 point higher. VKS Projects will list its equity shares on exchanges today. The issue price has fixed at lower end of price band of Rs55-60 a share. The Company is engaged in the business of undertaking EPC contracts of CS/SS/alloy steel turnkey piping, civil land development, industrial / commercial infra projects, structural fabrication and erection of equipments, fire fighting projects and commissioning of chemical plants. Major companies reporting results today — Bajaj Auto, Crisil, Bajaj Holdings & Investment. On Tuesday (July 17, 2012), the Sensex settled at 17105, up by 1.99 points while the Nifty closed at 5192, slipping by 4.40 points. Global Indices: Asian stock markets edged higher on Wednesday (July 18, 2012) on hopes that the US central bank has left the door open for more stimulus measures later in the year, after chairman Ben Bernanke outlined a gloomy view of the US economic recovery. European shares turned negative on Tuesday (July 17, 2012) after the U.S. Federal Reserve Chairman Ben Bernanke offered few new clues about another round of stimulus measures to support the economy. US stocks surged, erasing earlier losses on Tuesday, as Federal Reserve Chairman Ben S. Bernanke told senators the central bank is prepared to act to boost growth if the labor market doesn’t improve. Daily trend of FII/MF investment in equities: The FIIs have been the net buyers Indian stocks to the tune of Rs355.80 crore on July 16, 2012. The domestic investors bought Indian shares worth a net of Rs10.60 crore on July 16, 2012. The data is as per the SEBI website. Commodity Cues: Oil hovered on Tuesday amid hopes China and the US will take new steps to bolster their economies.
Market may open flat to slightly higher
Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 4 points at the opening bell. Asian stocks were mostly lower. Bajaj Auto unveils Q1 June 2012 results today, 18 July 2012. Tata Motors turns ex-dividend today, 18 July 2012, for dividend of Rs 4 per share for the year ended 31 March 2012 (FY 2012). Foreign institutional investors (FIIs) bought shares worth a net Rs 474.95 crore on Tuesday, 17 July 2012, as per provisional data from the stock exchanges.
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