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Tuesday, August 24, 2010

Rollover Analysis - Aug 24 2010


Rollover Analysis - Aug 24 2010

Daily Fundamental Report - Aug 25 2010


Daily Fundamental Report - Aug 25 2010

Daily Technical Report - Aug 25 2010


Daily Technical Report - Aug 25 2010

Daily Market Outlook - Aug 25 2010


Daily Market Outlook - Aug 25 2010

India Strategy - Aug 24 2010


India Strategy - Aug 24 2010

Aggressive and Conservative Portfolio


Aggressive and Conservative Portfolio

Grasim Industries


Grasim Industries

Astral Poly Technik


Astral Poly Technik

PTC India


PTC India

Gujarat Pipavav Port - IPO Note


Gujarat Pipavav Port - IPO Note

Reliance Industries


Reliance Industries

HDFC, India Economy


HDFC, India Economy

Smart Trade and Smart Invest - Aug 24 2010


Smart Trade and Smart Invest - Aug 24 2010

Post Market Review - Aug 24 2010


After opening marginally in the green, markets witnessed a sustained selling pressure through the trading session to close half a percent lower. Sensex lost 98 points to close at 18311 while Nifty finished at 5505, down 38 points. BSE Mid-cap and Small-cap indices lost 0.7% each. Cairn jumped 3% on the back of reports that ONGC, OIL, GAIL may make a counter bid for the stake in the company. Sterlite Industries plunged 4% on the back of reports that environment ministry has rejected stage II forest approval for Vedanta’s bauxite mining project in Orissa and that government is examining penal action against Vedanta. European markets were down by more than a percent while US stock indices futures too were lower by about two third of a percent ahead of existing home sales data.

West Coast Paper


West Coast Paper

Sensex slides on weak global cues


Major headlines

Tulsi Extrusions’ board approved stock split; the stock closed lower by 0.91%

DQ Entertainment International signed European footwear licensing pact; the stock ended 1.41% higher

Econet Group deployed Subex’s fraud management solution; the stock closed 0.27% higher

Asian stocks float in a sea of red


Sustained selling hurts the regional equities as global worries stay firmly in place

Asian stocks eased further today, as the weak global economic recovery continued to act as the central theme in the global asset markets. The US economic data has been quite poor off late and with the Eurozone also flashing a number of negative data surprises yesterday, the traders saw little incentive to by anything than the US dollar, which neared its six week high against the Euro in the last session. US stocks closed lower, falling in late slide as amid a flurry of mergers and acquisitions. The Dow fell by 39.21 points or 0.4 percent to 10,174.41.

Gujarat Pipavav Port IPO subscribed 23%


Gets bids for 2.53 crore shares

Investors put in bids for a total 2.53 crore shares in the initial public offer of Gujarat Pipavav Port by the end of the second day of the bidding for the issue today, 24 August 2010. The IPO was subscribed 23%.

Realty, metal stocks lead decline


Fears of a slowdown in global growth spooked equity and commodity markets across the globe, with Indian stocks being no exception. Nevertheless, the 50-unit S&P CNX Nifty found support at the 5,500 level after falling below that mark in intraday trade. There was no panic on the domestic bourses as some side counters rallied. But, intraday volatility was high as traders rolled over positions in the derivatives segment from the August 2010 series to the September 2010 series ahead of the expiry of the near-month August 2010 contracts on Thursday, 26 August 2010.

Opening Bell - Aug 24 2010


Opening Bell - Aug 24 2010

Simplex Infrastructures


Simplex Infrastructures

Shree Cement


Shree Cement

Morning Reports - Aug 24 2010


Morning Reports - Aug 24 2010

Market seen opening lower on weak global cues


The market may see a negative start on weak global cues. Asian markets were trading lower following an overnight decline in US stocks, which fell on lingering worries about the health of the US economy. Trading of the S&P CNX Nifty futures on the Singapore stock exchange indicated that the Nifty could fall 14 points at the opening bell.

Grey Market Premiums - Aug 24 2010


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Prakash Steelage

110

9 to 10

Gujarat Pipavav Port

42 to 48

8 to 9

Soft start, stay safe



For safety is not a gadget but a state of mind. ~ Eleanor Everet.

Equities head towards a soft start


Headlines for the day:

RBI stalls proposed changes to FDI policy

ONGC-OIL-Gail may counter Vedanta offer

Cairn India strikes oil, gas in K-G basin

Daily News Roundup - Aug 24 2010


M&M has signed an agreement to acquire a majority stake in beleaguered South Korean auto manufacturer Ssangyong Motor Company (SYMC). (BS)

State-owned ONGC, OIL and Gail may make a joint bid to counter Vedanta Resources’ US$8.48bn offer for majority stake in Cairn India, and have already got US$10bn in loan commitments from international banks for the move. (BS)

Flat finish for Sensex…Nifty misses 5550 again


The Indian markets ended on a flat note on Monday starting off the week on a sluggish note. The benchmark indices stayed in a narrow trading range and were unable to find any specific direction. However, in the second half, key indices witnessed some upswing after the European markets opened in the green.

Daily Market Outlook - Aug 24 2010


Daily Market Outlook - Aug 24 2010

Daily Fundamental Report - Aug 24 2010


Daily Fundamental Report - Aug 24 2010

Daily Technical Report - Aug 24 2010


Daily Technical Report - Aug 24 2010

Daily Derivative Strategy - Aug 24 2010


Daily Derivative Strategy - Aug 24 2010

Top SIP Mutual Funds - Aug 24 2010


Top SIP Mutual Funds - Aug 24 2010

Lanco Infratech


Lanco Infratech

SGX Nifty Live Update - Aug 24 2010


5,529.50 -4.50