Weekly Technicals - Aug 10 2008
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Tuesday, August 12, 2008
A deep plunge for bullion metals
Gold and silver erase all of their gains for the year till date
Strong US dollar and sliding crude prices sent bullion metal prices to their lowest levels in almost a year today, Monday, 11 August, 2008. Gold and silver prices had also registered sufficient losses last week. Silver prices also fell for the day.
Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies. On the other hand, a lower dollar pushes up precious metal prices as their demand lessens as it becomes cheaper for traders holding other currencies. Gold has traditionally been used as a safe-haven asset against rising inflation. Investor sentiments are boosted by the fact that gold and silver are alternate sources of good investment in the face of declining dollar and rising energy prices and vice versa.
Comex Gold for December delivery fell $36.5 (4.2%) to close at $828.3 ounce on the New York Mercantile Exchange. It fell to an intra day low price of $824.5. Last week, it ended lower by 5.8%. On 17 March, 2008 prices had skyrocketed to a high of $1,034/ounce. But prices have dropped 20% since then.
This year, gold prices have lost 1.2% till date as the dollar rallied against the euro. In August, 2008 itself, gold has shed its glaze in each trading session. It has lost almost $95 in August till now. Gold ended July, 2008 lower by $11 (1.1%). The yellow metal ended second quarter with a marginal gain of 0.7%. It ended June, 2008 with a gain of 4.1%. In May, it ended with a gain of higher by $22.5 (2.5%). Before May, in April, prices closed lower by 6.3%. For first quarter prices gained 10.7%. In January, prices gained 11%, the highest monthly gain since April 2006. For February, it gained 6%. But in March, prices succumbed and fell by 5.5%.
On Monday, Comex silver futures for September delivery fell 71 cents (4.6%) to $14.62 an ounce. With today’s drop silver erased all of its gains and has lost almost 2% in 2008 till date. Last week it lost 12.5%. It ended July 2008 with a gain of 3%. For the second quarter, it had gained a paltry 1.4%. Silver had gained 16% in Q1. The metal also had gained for seven straight years.
At the currency markets on Monday, the dollar extended its last week rally against the euro. The dollar index which measures the U.S. dollar against a basket of major currencies, rose to 76.25, up from 75.82 in during last Friday. A combination of factors drove the dollar's rise last week, such as the European Central Bank admitting weakness in the euro-zone economy.
At the crude market on Monday, crude oil fell and closed below the $115/barrel level for the first time in three months. Crude oil fell to a 14-week low on signs that the U.S. economic slump will extend into 2009, crimping fuel demand. Crude oil for September delivery fell 75 cents (0.7%) to settle at $114.45 a barrel.
Earlier this year, the weakening dollar and higher global demand for raw materials had led to records this year for commodities including gold.
Gold had witnessed the greatest annual gain in twenty eight years by gaining $200/ounce (31%) in FY 2007 as lower interest rates had sent the dollar tumbling, and crude-oil prices rose to a record. Silver had climbed 16% in FY 2007. In 2006, silver had jumped 46% while gold gained 23%.
At the MCX, gold prices for October delivery closed lower by Rs 446 (3.8%) at Rs 11,395 per 10 grams. Prices rose to a high of Rs 11,938 per 10 grams and fell to a low of Rs 11,305 per 10 grams during the day’s trading.
At the MCX, silver prices for September delivery closed Rs 827 (3.8%) lower at Rs 20,816/Kg. Prices opened at Rs 21,819/kg and fell to a low of Rs 20,714/Kg during the day’s trading.
Crude slips below $115
Natural gas remains the lone gainer in the sector
A strong dollar and overall economic concerns related to the US economy pushed crude prices below the $115/barrel level for the first time in three months. Prices rose above $116 earlier during the day as five days of clashes between Russia and Georgia threatened alternative export routes from Azerbaijan, needed because of a pipeline fire. Crude had lost almost $10 last week too.
Crude-oil futures for light sweet crude for September delivery closed at $115.2/barrel (lower by 4.82 or 4.4%) on the New York Mercantile Exchange. Futures earlier fell to an intraday low of $112.72 a barrel. Last week, crude prices ended lower by $9.9 (8%). Before that crude lost $15.92 (11%) in July, 2008, the biggest ever in dollars.
At the currency markets on Monday, the dollar extended its last week rally against the euro. The dollar index which measures the U.S. dollar against a basket of major currencies, rose to 76.25, up from 75.82 in during last Friday. A combination of factors drove the dollar's rise last week, such as the European Central Bank admitting weakness in the euro-zone economy. The dollar also gained on speculation the economic slowdown that started in the U.S. is spreading.
Crude prices gained 38% in the second quarter of this year. It was the biggest quarterly increase in nine years. It ended June 2008 higher by 9.9%. Prices are 60% higher than a year ago. For the year, crude is up by 18% till date.
Brent crude oil for September settlement fell 66 cents (0.6%) to settle at $112.67 a barrel on London's ICE Futures Europe exchange.
Against this background, September reformulated gasoline closed down 2.1 cents at $2.8666 a gallon, while September heating oil shed 0.9 cent to end at $3.1195 a gallon.
September natural gas futures were the lone gainer in the crude sector today as natural gas in New York advanced as industrial users and utilities bought supplies after the fuel tumbled more than $5 in the past six weeks and forecasts signaled tropical storm development. Natural gas for September delivery rose 10.1 cents (1.2%) to settle at $8.349 per million British thermal units.
At the MCX, crude oil for August delivery closed at Rs 4,765/barrel, lower by Rs 74 (1.5%) against previous day’s close. Natural gas for August delivery closed at Rs 349/mmbtu, lower by Rs 0.7/mmbtu (0.2%).
Vishal Information Technologies surges on debut
Attracts 29.43% premium over IPO price
Vishal Information Technologies settled at Rs 194.15 on BSE, a premium of 29.43% over the initial pubilc offer (IPO) price of Rs 150 on its debut today.
The stock debuted at Rs 150, at the same price as the initial public offer price (IPO). The stock hit a high of Rs 197.20 and a low of Rs 145.
On BSE, 1.17 crore shares were traded on the counter.
The current price of Rs 194.15 discounts the company's year ended March 2008 EPS of Rs 11.6, by a PE multiple of 16.73.
The Vishal Information Technologies IPO which closed on 24 July 2008 was subscribed 1.19 times. The IPO received bids for 33.28 lakh shares as compared to 27.90 lakh shares on offer.
Vishal Information Technologies provides IT-enabled services (ITeS) in the areas of data digitisation, e-publishing and digital library.
The company came out with IPO to fund its expansion plans including setting up a bigger campus and marketing offices in the US and UK.
The company reported a net profit of Rs 12.36 crore on sales of Rs 40.87 crore in the year ended March 2008.
Monday, August 11, 2008
BSE Bulk Deals to Watch - Aug 11 2008
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
11/8/2008 520077 AMTEK AUTO L SANSAR CAPITAL MAURITIUS LTD B 5361964 186.50
11/8/2008 520077 AMTEK AUTO L DEUTCHE SECURITIES MAU LTD S 2915656 186.50
11/8/2008 520077 AMTEK AUTO L MACQUARIE BANK LIMITED S 2446308 186.50
11/8/2008 526652 CALS REF LTD MARUTI SECURITIES LTD B 4104000 4.10
11/8/2008 532631 FAME INDIA L CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTD S 178704 41.58
11/8/2008 513361 ISW LTD SIRIUS SECURITIES PVT LTD B 1500000 9.10
11/8/2008 513361 ISW LTD SHAKTIMAN STEEL CASTINGS PVT LTD S 1500000 9.10
11/8/2008 532081 K SERA SERA S V ENTERPRISES B 462701 24.02
11/8/2008 532081 K SERA SERA S V ENTERPRISES S 459932 24.10
11/8/2008 502933 KATARE SPG. JYOTIK MAHESHBHAI HADVANI B 15000 24.58
11/8/2008 531602 KOFF BR PICT DEEPAL CORPORATION B 40000 22.32
11/8/2008 531602 KOFF BR PICT LAXMI CAP BROKING PVT LTD S 31362 21.89
11/8/2008 515059 MADHUSUD IND UMESH PURUSHOTTAM CHAMDIA B 47000 8.40
11/8/2008 515059 MADHUSUD IND AGARWAL SHARE INVESTMENT S 82000 8.40
11/8/2008 532906 MAN ALUMIN THE BANK OF NEWYORK GDR S 46147 32.45
11/8/2008 531832 NAGAR AGRITE CARWIN MERCANTILES PVT LTD B 375100 9.92
11/8/2008 531832 NAGAR AGRITE MICRO MANAGEMENT LTD S 375100 9.92
11/8/2008 533010 OCTAV INVES MANSUKH STOCK BROKERS LTD B 34026 91.30
11/8/2008 533010 OCTAV INVES MANSUKH SECURITIES AND FINANCE LTD B 33051 87.55
11/8/2008 533010 OCTAV INVES STANDARD SECURITIES AND INVST INTER LTD B 21675 88.64
11/8/2008 533010 OCTAV INVES N.C.JAIN B 21147 92.49
11/8/2008 533010 OCTAV INVES HITESH SHASHIKANT ZAVERI B 44818 95.52
11/8/2008 533010 OCTAV INVES MANISH HASMUKH MEHTA B 19000 92.38
11/8/2008 533010 OCTAV INVES MEENAL NITISH THAKUR B 187414 90.96
11/8/2008 533010 OCTAV INVES MANSUKH STOCK BROKERS LTD S 40226 89.22
11/8/2008 533010 OCTAV INVES MANSUKH SECURITIES AND FINANCE LTD S 35790 87.63
11/8/2008 533010 OCTAV INVES STANDARD SECURITIES AND INVST INTER LTD S 21952 88.87
11/8/2008 533010 OCTAV INVES N.C.JAIN S 22652 92.47
11/8/2008 533010 OCTAV INVES B K SHAH CO S 17235 89.82
11/8/2008 533010 OCTAV INVES MANISH HASMUKH MEHTA S 19000 89.03
11/8/2008 533010 OCTAV INVES MEENAL NITISH THAKUR S 187414 92.81
11/8/2008 526407 RIT PRO IND GIRISHBHAI CHANDULAL SANGHVI B 58514 110.23
11/8/2008 526407 RIT PRO IND GIRISHBHAI CHANDULAL SANGHVI S 65485 110.47
11/8/2008 524194 ROCK HARD PE DEEPAK P. GALIA S 50000 9.30
11/8/2008 524194 ROCK HARD PE ISHA PIYUSH SHAH S 40800 9.30
11/8/2008 531312 SANRA SOFTW RAMESH T VALA B 200000 50.05
11/8/2008 532886 SEL MANUF HARDIK M MITHANI B 132278 497.65
11/8/2008 532886 SEL MANUF B K SHAH CO B 223594 489.89
11/8/2008 532886 SEL MANUF HARDIK M MITHANI S 132278 493.80
11/8/2008 532886 SEL MANUF B K SHAH CO S 223575 482.26
11/8/2008 500295 SESA GOA LTD LLOYD GEORGE INVESTMENT MANAGEMENT BERMUDA LTD LG INDIA FUND LTD S 270740 182.18
11/8/2008 505075 SETCO AUTO SETCO ENGINEERING PVT LTD B 125000 179.64
11/8/2008 505075 SETCO AUTO SNEHA HARISH SHETH S 125000 179.64
11/8/2008 527005 SHREE PACETR ARUNKUMAR BAHL S 30000 42.12
11/8/2008 500389 SILVERLINE T BSMA LTD S 198743 18.43
11/8/2008 513530 STELCO STRIP INDEX SECURITIES AND RESEARCH PV B 123364 19.50
11/8/2008 512070 UNITED PHOSP SANSAR CAPITAL MAURITIUS LTD B 3132519 350.00
11/8/2008 512070 UNITED PHOSP LEHMAN BROTHERS ASIA LTD AC LB INDIA HOLDINGS CAYMAN II LTD S 1711571 350.00
11/8/2008 533011 VISHAL INFO MANSUKH STOCK BROKERS LTD B 114114 183.46
11/8/2008 533011 VISHAL INFO R M SHARES TRADING PVT LTD B 219900 187.23
11/8/2008 533011 VISHAL INFO SANDEEP SABOO B 55000 182.29
11/8/2008 533011 VISHAL INFO STANDARD SECURITIES AND INVST INTER LTD B 71613 186.89
11/8/2008 533011 VISHAL INFO B K SHAH CO B 151428 184.46
11/8/2008 533011 VISHAL INFO SHREE BHIKSHU FIN PVT. LTD B 54003 185.10
11/8/2008 533011 VISHAL INFO MEENAL NITISH THAKUR B 92000 185.49
11/8/2008 533011 VISHAL INFO MANSUKH STOCK BROKERS LTD S 114114 183.26
11/8/2008 533011 VISHAL INFO R M SHARES TRADING PVT LTD S 219900 186.09
11/8/2008 533011 VISHAL INFO STANDARD SECURITIES AND INVST INTER LTD S 71613 186.61
11/8/2008 533011 VISHAL INFO B K SHAH CO S 151430 184.18
11/8/2008 533011 VISHAL INFO SHREE BHIKSHU FIN PVT LTD S 54003 175.80
11/8/2008 533011 VISHAL INFO MEENAL NITISH THAKUR S 92000 184.01
NSE Bulk Deals to Watch - Aug 11 2008
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
11-AUG-2008,GOACARBON,Goa Carbon Ltd,YUVAK SHARE TRADING PVT LTD,BUY,48686,141.96,-
11-AUG-2008,OCTAV,Octav Investments Limited,AMBIT SECURITIES BROKING PVT. LTD.,BUY,33574,89.64,-
11-AUG-2008,OCTAV,Octav Investments Limited,ANKITA VISHAL SHAH,BUY,15585,90.18,-
11-AUG-2008,OCTAV,Octav Investments Limited,ASHWIN STOCKS AND INVESTMENT PRIVATE LIMITED,BUY,40820,97.79,-
11-AUG-2008,OCTAV,Octav Investments Limited,B K SHAH CO KETAN BHAILAL SHAH,BUY,27378,92.35,-
11-AUG-2008,OCTAV,Octav Investments Limited,BATHLA & CO PVT LTD,BUY,33553,87.83,-
11-AUG-2008,OCTAV,Octav Investments Limited,CPR CAPITAL SERVICES LTD.,BUY,51769,89.95,-
11-AUG-2008,OCTAV,Octav Investments Limited,DHYAN SECURITIES PVT LTD,BUY,18749,91.32,-
11-AUG-2008,OCTAV,Octav Investments Limited,HARBUX SINGH SIDHU,BUY,27544,92.62,-
11-AUG-2008,OCTAV,Octav Investments Limited,KAUSHIK SHAH SHARES & SECURITIES PVT LTD,BUY,37944,93.06,-
11-AUG-2008,OCTAV,Octav Investments Limited,MANIPUT INVESTMENTS PVT LTD,BUY,16558,90.61,-
11-AUG-2008,OCTAV,Octav Investments Limited,MANSUKH SECURITIES & FINANCE LTD,BUY,71052,89.47,-
11-AUG-2008,OCTAV,Octav Investments Limited,MBL & COMPANY LTD.,BUY,36267,87.21,-
11-AUG-2008,OCTAV,Octav Investments Limited,NAMAN SECURITIES & FINANCE PVT LTD,BUY,37193,96.63,-
11-AUG-2008,OCTAV,Octav Investments Limited,NIKUNJ K SHAH,BUY,17182,81.87,-
11-AUG-2008,OCTAV,Octav Investments Limited,OPG SECURITIES PVT. LTD.,BUY,15379,89.27,-
11-AUG-2008,OCTAV,Octav Investments Limited,PRASHANT JAYANTILAL PATEL,BUY,65384,94.67,-
11-AUG-2008,OCTAV,Octav Investments Limited,SANTOSH KUMAR AGARWAL,BUY,15884,90.63,-
11-AUG-2008,OCTAV,Octav Investments Limited,STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED,BUY,25039,90.50,-
11-AUG-2008,OCTAV,Octav Investments Limited,SUMITA SAXENA,BUY,24706,89.62,-
11-AUG-2008,OCTAV,Octav Investments Limited,TRANSGLOBAL SECURITIES LTD.,BUY,27662,91.33,-
11-AUG-2008,OCTAV,Octav Investments Limited,VIJIT ASSET MANAGEMENT PRIVATE LIMITED,BUY,41761,97.81,-
11-AUG-2008,OCTAV,Octav Investments Limited,YUVAK SHARE TRADING PVT LTD,BUY,146678,93.00,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,B K SHAH CO KETAN BHAILAL SHAH,BUY,241439,478.80,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,DKG SECURITIES PVT. LTD.,BUY,68385,511.78,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,HARBUX SINGH SIDHU,BUY,82092,456.16,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,HARDIK M MITHANI,BUY,85696,487.76,-
11-AUG-2008,VALECHAENG,Valecha Engineering Limit,ROYAL BANK OF SCOTLAND PLC AS TRUSTEE OF CITI BANK N.A.,BUY,100000,154.00,-
11-AUG-2008,VITLINFO,Vishal Information Techno,AMBIT SECURITIES BROKING PVT. LTD.,BUY,70330,188.67,-
11-AUG-2008,VITLINFO,Vishal Information Techno,ARCHITA C GADA,BUY,69363,177.34,-
11-AUG-2008,VITLINFO,Vishal Information Techno,ASHWIN STOCKS AND INVESTMENT PRIVATE LIMITED,BUY,107330,182.43,-
11-AUG-2008,VITLINFO,Vishal Information Techno,ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD,BUY,140912,186.62,-
11-AUG-2008,VITLINFO,Vishal Information Techno,B K SHAH CO KETAN BHAILAL SHAH,BUY,177030,184.13,-
11-AUG-2008,VITLINFO,Vishal Information Techno,CHOKHANI SECURITIES LTD,BUY,180646,183.25,-
11-AUG-2008,VITLINFO,Vishal Information Techno,CPR CAPITAL SERVICES LTD.,BUY,99027,180.53,-
11-AUG-2008,VITLINFO,Vishal Information Techno,DINESH MUNJAL,BUY,123903,182.96,-
11-AUG-2008,VITLINFO,Vishal Information Techno,DIPAN MEHTA SHARE & STOCK BROKERS PVT. LTD.,BUY,118468,184.30,-
11-AUG-2008,VITLINFO,Vishal Information Techno,HARBUX SINGH SIDHU,BUY,238091,186.16,-
11-AUG-2008,VITLINFO,Vishal Information Techno,JAGDISH PRASAD MODI,BUY,155050,189.34,-
11-AUG-2008,VITLINFO,Vishal Information Techno,JHAVERI TRADING AND INVESTMENT PVT LTD,BUY,59466,190.84,-
11-AUG-2008,VITLINFO,Vishal Information Techno,JIGNESH VAGHJIBHAI SHAH,BUY,55500,191.23,-
11-AUG-2008,VITLINFO,Vishal Information Techno,KAUSHIK SHAH SHARES & SECURITIES PVT LTD,BUY,284395,180.97,-
11-AUG-2008,VITLINFO,Vishal Information Techno,LATIN MANHARLAL SECURITIES PVT. LTD.,BUY,81516,185.38,-
11-AUG-2008,VITLINFO,Vishal Information Techno,MANIPUT INVESTMENTS PVT LTD,BUY,193758,185.23,-
11-AUG-2008,VITLINFO,Vishal Information Techno,MANSUKH SECURITIES & FINANCE LTD,BUY,85302,183.79,-
11-AUG-2008,VITLINFO,Vishal Information Techno,MLB CAPITAL PVT LTD,BUY,145000,184.53,-
11-AUG-2008,VITLINFO,Vishal Information Techno,NISSAR BROTHERS,BUY,108957,182.08,-
11-AUG-2008,VITLINFO,Vishal Information Techno,OPG SECURITIES PVT. LTD.,BUY,83103,183.28,-
11-AUG-2008,VITLINFO,Vishal Information Techno,PRASHANT JAYANTILAL PATEL,BUY,387736,187.26,-
11-AUG-2008,VITLINFO,Vishal Information Techno,PUJA TAPARIA,BUY,125767,184.39,-
11-AUG-2008,VITLINFO,Vishal Information Techno,R APPALA RAJU,BUY,255000,187.31,-
11-AUG-2008,VITLINFO,Vishal Information Techno,R.M. SHARE TRADING PVT LTD,BUY,224816,184.28,-
11-AUG-2008,VITLINFO,Vishal Information Techno,SMC GLOBAL SECURITIES LTD.,BUY,156325,184.50,-
11-AUG-2008,VITLINFO,Vishal Information Techno,SS CORPORATE SECURITIES LIMITED,BUY,56980,183.02,-
11-AUG-2008,VITLINFO,Vishal Information Techno,STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED,BUY,66388,186.00,-
11-AUG-2008,VITLINFO,Vishal Information Techno,TRANSGLOBAL SECURITIES LTD.,BUY,265405,183.15,-
11-AUG-2008,VITLINFO,Vishal Information Techno,VAIBHAV DOSHI,BUY,196651,186.82,-
11-AUG-2008,VITLINFO,Vishal Information Techno,YUVAK SHARE TRADING PVT LTD,BUY,273285,182.93,-
11-AUG-2008,CUBEXTUB,CUBEX TUBINGS LTD,ELOQUENT SYSCON PVT LTD,SELL,38394,57.90,-
11-AUG-2008,FAME,Fame India Limited,CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTD,SELL,205000,41.53,-
11-AUG-2008,GOACARBON,Goa Carbon Ltd,YUVAK SHARE TRADING PVT LTD,SELL,48118,142.30,-
11-AUG-2008,GOLDTECH,Goldstone Tech Ltd.,SUMMIT COMMUNICATIONS PRIVATE LIMITED,SELL,116659,118.22,-
11-AUG-2008,OCTAV,Octav Investments Limited,AMBIT SECURITIES BROKING PVT. LTD.,SELL,33574,89.93,-
11-AUG-2008,OCTAV,Octav Investments Limited,ANKITA VISHAL SHAH,SELL,15585,90.36,-
11-AUG-2008,OCTAV,Octav Investments Limited,ASHWIN STOCKS AND INVESTMENT PRIVATE LIMITED,SELL,3030,97.89,-
11-AUG-2008,OCTAV,Octav Investments Limited,B K SHAH CO KETAN BHAILAL SHAH,SELL,22369,89.92,-
11-AUG-2008,OCTAV,Octav Investments Limited,BATHLA & CO PVT LTD,SELL,35368,87.79,-
11-AUG-2008,OCTAV,Octav Investments Limited,CPR CAPITAL SERVICES LTD.,SELL,51769,90.08,-
11-AUG-2008,OCTAV,Octav Investments Limited,DHYAN SECURITIES PVT LTD,SELL,19249,91.62,-
11-AUG-2008,OCTAV,Octav Investments Limited,HARBUX SINGH SIDHU,SELL,27544,92.26,-
11-AUG-2008,OCTAV,Octav Investments Limited,KAUSHIK SHAH SHARES & SECURITIES PVT LTD,SELL,32946,92.99,-
11-AUG-2008,OCTAV,Octav Investments Limited,MANIPUT INVESTMENTS PVT LTD,SELL,16558,90.68,-
11-AUG-2008,OCTAV,Octav Investments Limited,MANSUKH SECURITIES & FINANCE LTD,SELL,71077,89.42,-
11-AUG-2008,OCTAV,Octav Investments Limited,MBL & COMPANY LTD.,SELL,36267,86.95,-
11-AUG-2008,OCTAV,Octav Investments Limited,NAMAN SECURITIES & FINANCE PVT LTD,SELL,10712,94.83,-
11-AUG-2008,OCTAV,Octav Investments Limited,NIKUNJ K SHAH,SELL,17182,83.06,-
11-AUG-2008,OCTAV,Octav Investments Limited,OPG SECURITIES PVT. LTD.,SELL,15379,89.82,-
11-AUG-2008,OCTAV,Octav Investments Limited,PRASHANT JAYANTILAL PATEL,SELL,65384,95.98,-
11-AUG-2008,OCTAV,Octav Investments Limited,SANTOSH KUMAR AGARWAL,SELL,15934,90.69,-
11-AUG-2008,OCTAV,Octav Investments Limited,SBI MF- MAGNUM EQ FD MMS-90 -7,SELL,26358,91.95,-
11-AUG-2008,OCTAV,Octav Investments Limited,STANDARD SECURITIES & INVESTMENT INTERMEDIATES LIMITED,SELL,25044,90.65,-
11-AUG-2008,OCTAV,Octav Investments Limited,SUMITA SAXENA,SELL,24706,90.52,-
11-AUG-2008,OCTAV,Octav Investments Limited,TRANSGLOBAL SECURITIES LTD.,SELL,27762,92.25,-
11-AUG-2008,OCTAV,Octav Investments Limited,VIJIT ASSET MANAGEMENT PRIVATE LIMITED,SELL,3061,97.88,-
11-AUG-2008,OCTAV,Octav Investments Limited,YUVAK SHARE TRADING PVT LTD,SELL,105019,91.86,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,B K SHAH CO KETAN BHAILAL SHAH,SELL,241432,479.97,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,DKG SECURITIES PVT. LTD.,SELL,132924,472.69,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,HARBUX SINGH SIDHU,SELL,82092,452.71,-
11-AUG-2008,SELMCL,SEL Manufacturing Company,HARDIK M MITHANI,SELL,85980,499.24,-
11-AUG-2008,VALECHAENG,Valecha Engineering Limit,PINNACLE TRADES & INVESTMENTS LIMITED,SELL,128000,154.18,-
11-AUG-2008,VITLINFO,Vishal Information Techno,AMBIT SECURITIES BROKING PVT. LTD.,SELL,70266,188.55,-
11-AUG-2008,VITLINFO,Vishal Information Techno,ARCHITA C GADA,SELL,69363,177.39,-
11-AUG-2008,VITLINFO,Vishal Information Techno,ASHWIN STOCKS AND INVESTMENT PRIVATE LIMITED,SELL,107330,183.05,-
11-AUG-2008,VITLINFO,Vishal Information Techno,ASIT C MEHTA INVESTMENT INTERRMEDIATES LTD,SELL,140912,186.69,-
11-AUG-2008,VITLINFO,Vishal Information Techno,B K SHAH CO KETAN BHAILAL SHAH,SELL,177031,184.87,-
11-AUG-2008,VITLINFO,Vishal Information Techno,CHOKHANI SECURITIES LTD,SELL,180646,183.80,-
11-AUG-2008,VITLINFO,Vishal Information Techno,CPR CAPITAL SERVICES LTD.,SELL,99027,180.68,-
11-AUG-2008,VITLINFO,Vishal Information Techno,DINESH MUNJAL,SELL,123903,183.59,-
11-AUG-2008,VITLINFO,Vishal Information Techno,DIPAN MEHTA SHARE & STOCK BROKERS PVT. LTD.,SELL,118468,184.28,-
11-AUG-2008,VITLINFO,Vishal Information Techno,HARBUX SINGH SIDHU,SELL,233091,186.16,-
11-AUG-2008,VITLINFO,Vishal Information Techno,JAGDISH PRASAD MODI,SELL,155050,182.86,-
11-AUG-2008,VITLINFO,Vishal Information Techno,JHAVERI TRADING AND INVESTMENT PVT LTD,SELL,59466,187.47,-
11-AUG-2008,VITLINFO,Vishal Information Techno,JIGNESH VAGHJIBHAI SHAH,SELL,34726,194.01,-
11-AUG-2008,VITLINFO,Vishal Information Techno,KAUSHIK SHAH SHARES & SECURITIES PVT LTD,SELL,282895,181.33,-
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Post Session Commentary - Aug 11 2008
The domestic market ended with handsome gains after showing positive run for throughout of trading session on account of heavy buying activity across the board. Market opened on strong note tracking favorable cues from global markets and sharp drop in crude oil prices. Oil tumbled $4.82, to $115.20 a barrel. Further, market continued its northward journey to trade sharply higher and gain more grounds during final trading hours to close with smart gains. Positive cues from the European markets also added to the positive sentiment. NSE Nifty ended above 4,600 mark and BSE Sensex crossed 15,500 level. Rate sensitive stocks, infrastructure and oil stocks had played key role in today’s rally. From the sectoral front, Reality stocks outperformed the benchmark index and closed with gain of more than 5%. Along with this, Oil & Gas, Bank, Metal and Auto stocks were also in limelight as witnessed most of the buying pressure from these baskets. However, Consumer Durables and IT stocks remained out of favor as most of the selling was seen from these baskets. The market breadth was positive as 1738 stocks closed in green while 970 stocks closed in red and 68 stocks remained unchanged.
The BSE Sensex closed higher by 336.10 points at 15,503.92 and NSE Nifty ended up by 90.90 points at 4,620.40. The BSE Mid Caps and Small Caps closed with gains of 95.71 points and 89.61 points at 5,982.68 and 7,271.35 respectively. The BSE Sensex touched intraday high of 15,520.71 and intraday low of 15,367.97.
Gainers from the BSE are JP Associates (7.68%), Reliance Infra (6.86%), ICICI Bank Ltd (5.74%), Maruti Suzuki (5.27%), SBI (4.65%), ONGC (3.70%), Reliance Com Ltd (3.65%), DLF Ltd (3.57%) and Reliance (3.36%).
The BSE Bank index closed higher by 307.32 points at 7,702.35. Gainers are Canara Bank (7.39%), ICICI Bank Ltd (5.74%), SBI (4.65%), Bank of India (4.28%), Karnataka Bank (3.89%) and Bank of Baroda (3.64%).
The BSE Oil & Gas index ended up by 298.17 points at 10,437.27. As ONGC (3.70%), Reliance (3.36%), Gail India (2.86%), HPCL (2.70%) and IOC (2.58%) closed in positive territory.
The BSE Reality index ended higher by 290.49 points at 5,799.37. Major gainers are Indiabull Real (13.73%), Unitech Ltd (6.27%), DLF Ltd (3.57%), Mahindra Life (2.84%), Omaxe Ltd (2.61%) and Penland Ltd (2.51%).
The BSE Capital Goods index closed higher by 280.57 points at 12,846.45. Gainers are Gammon India (8.39%), Elecon Eng C (7.02%), Jyoti Struct (6.75%), Aiaengineer (5.67%), Bharat Bijli (4.68%) and Thermax Ltd (4.66%).
The BSE Auto index ended up by 87.23 points at 4,057.50. As Maruti Suzuki (5.27%), Bharat Forge (3.49%), Bajaj Auto (3.16%), Apollo Tyre (2.95%), Amtek Auto L (2.90%) and M&M Ltd (2.78%) closed in positive territory.
The BSE Consumer Durables index lost 4.27 points to close at 3,981.31. Major lossers are Videocon Ind (1.99%) and Blue Star L (0.22%).
The BSE IT index closed down by 3.79 points at 3,882.07. Major lossers are Mphasis Ltd (2.40%), Patni Computer (1.37%), TCS Ltd (1.06%), Infosys Tech (0.58%) and Rolta India (0.12%).
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