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Friday, October 22, 2010

Markets shut week with modest gains


Major news for the week:

Food inflation eases to 15.53%

Larsen & Toubro Q2 net profit jumps 31% yoy

Tata Consultancy Services hits all-time high on strong Q2 results

Cairn-Vedanta deal seeks our approval: ONGC

India's April-September direct tax receipts up 19%

Grey Market Premium - Coal India increases


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

B.S. Trans

248 (Lower)

Discount

Prestige Estate

183 (Upper)

6 to 7

Gyscoal Alloy

71 (Upper)

11 to 12

Coal India

225 to 245

35 to 37

Precious metals shed glaze


Prices drop as dollar strengthens following economic data

Precious metal prices dropped from their recent all time highs on Thursday, 21 October 2010 at Comex. Prices fell as the dollar strengthened. Better than expected batch of economic and earning reports pushed momentum towards equities today leaving commodities a bit behind.

SGX Nifty Live Update - Oct 22 2010


6,135.50 +15.50

Deepak Fertilizers


Deepak Fertilizers

Ambuja Cements


Ambuja Cements

Sterlite Technologies


Sterlite Technologies

GNFC


GNFC

ACC


ACC

Allahabad Bank


Allahabad Bank

eClerx Limited


eClerx Limited

South Indian Bank


South Indian Bank

Earnings Preview - Oct 22 2010


Earnings Preview - Oct 22 2010

Thursday, October 21, 2010

Coal India Final Subscription Figures


Qualified Institutional Buyers (QIBs) 24.7000
Non Institutional Investors 25.4000
Retail Individual Investors (RIIs) 2.3100
Cut Off 392048500
Price Bids 66585525

Nifty October 2010 futures above 6,100


Turnover surges

Nifty October 2010 futures were at 6,121, at a premium of 19.50 points over spot closing of 6,101.50. Turnover in NSE's futures & options (F&O) segment surged to Rs 1,51,314.66 crore from Rs 1,35,874.27 crore on Wednesday, 20 October 2010.