Monday, August 30, 2010
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
30/8/2010 530901 ACIL Cot Inds JAYSHREE SHANKAR BHOSLE B 66605 36.31
30/8/2010 531761 Amulya Leas SALASAR TECHNO ENGINEERING PRIVATE LIMITED B 70000 38.00
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
30-AUG-2010,AQUA,Aqua Logistics Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,145527,617.51,-
30-AUG-2010,ATLASCYCLE,Atlas Cycles (Haryana) Lt,CNB FINWIZ PRIVATE LIMITED,BUY,64980,247.46,-
Pantaloon Retails’ Q4FY10 net profit up 168% yoy; the stock closes 1% lower
Mundra Port and Special Economic Zone commences operations at Dahej; the stock closes 0.56% down
Glenmark Pharmaceuticals discovers new molecule for pain; the stock ends lower by 1.36%
The key benchmark indices registered small gains in what was a choppy trading session. Volatility rose during the last one hour of trade after reports filtered in that the government has tabled the much-awaited Direct Taxes Code bill (DTC) in the Lok Sabha, which proposes to raise the exemption limit on income tax from the current Rs 1.6 lakh to Rs 2 lakh. IT, realty and FMCG stocks fell. But, metal stocks rose. Capital goods reversed initial gains. Index heavyweight Reliance Industries (RIL), too, turned negative from positive. The BSE 30-share Sensex rose 33.70 points or 0.19%, off about 185 points from the day's high and up close to 70 points from the day's low.
The market may edge higher, recovering from Friday's (27 August 2010) broad-based decline, tracking gains in Asian stocks, which rose on rally in US stocks on Friday. Trading of the S&P CNX Nifty futures on the Singapore stock exchange indicated that the Nifty could rise 57.50 points at the opening bell.
To succeed you need to find something to hold on to, something to motivate you, something to inspire you - Tony Dorsett.
A slightly better than expected US GDP data and some inspiring talk by Federal Reserve chairman Ben S. Bernanke lifted the sagging spirits on Wall Street and elsewhere. Not surprisingly, Asian markets are all up smartly. News that Bank of Japan is holding an emergency meeting to check unbridled gains in the yen has also buoyed sentiment.
Weekly gains come after two weeks of consecutive losses
Crude prices registered gains on Friday, 27 August 2010. Prices swerved in and out positive territory for much of the session, but gains prevailed as the U.S. stock market rose and the dollar came off its highs for the day.
Tata Motors has entered into an understanding with IndusInd Bank for financing its range of passenger vehicles. (BL)
GMR Infrastructure said it has withdrawn a proposal to raise Rs50bn by issue of securities. (BL)
The F&O week saw some range-bound choppiness. Fears of a slower global recovery got re-ignited this week. Existing home sales in the US fell to their lowest level in 15 years, sending US markets lower, dragging the global markets lower. Despite strong roll-overs to the September series, Nifty failed to sustain at support of 5,450 levels. Finally, both the Nifty and Sensex fell by 2.2%.