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Friday, July 08, 2011

Grey Market Premiums - July 8 2011


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Vaswani Ind.

49

4 to 6

Ready Made Steel

90 to 108

5 to 5.50

Bharatiya Global

75 to 82

4 to 4.50

Market seen opening firm on positive global cues; HDFC results eyed


The market is likely to see a firm start on positive global cues. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a gain of 27 points at the opening bell. The market sentiment remains firm on sustained buying by foreign institutional investors (FIIs) over the past few days. FIIs bought shares worth a net Rs 868.71 crore on Thursday, 7 July 2011, as per provisional data from the stock exchanges. Domestic institutional investors (DIIs) sold shares worth Rs 161.03 crore on that day. The results season kickstarts today, 8 July 2011, with housing finance major HDFC unveiling its Q1 June 2011 results.

Markets may extend rally on global support


The Indian markets are expected to begin the session on a higher note on account of positive global cues. HDFC and Indusind Bank results will be eyed.

Headlines for the day:

SBI loans now costlier; deposits to earn more

GoM approves 26% profit-sharing for coal companies

JSW Steel to halt expansion of Vijayanagar unit

Major corporate action

Results: HDFC, Indusind Bank

Ex-date for special dividend of Jyoti Structures

Ex-date for final dividend of Hindustan Unilever, Pratibha Industries

India Utilities


India Utilities

Bank of India


Bank of India

India Cement Sector


India Cement Sector

India Banks


India Banks

Sterlite Industries


Sterlite Industries

Torrent Power


Torrent Power

India Strategy - Earnings Preview


India Strategy - Earnings Preview

ONGC


ONGC

NMDC


NMDC

Exide Industries


Exide Industries

Punj Lloyd


Punj Lloyd

SGX Nifty Live Update - July 8 2011


5,769.50 +24.00