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Tuesday, October 12, 2010

India Strategy, Sintex Industries, Infosys Technologies, Results Calendar


India Strategy, Sintex Industries, Infosys Technologies, Results Calendar

Reliance Industries


Reliance Industries

Daily Market Outlook - Oct 13 2010


Daily Market Outlook - Oct 13 2010

Daily Fundamental Report - Oct 13 2010


Daily Fundamental Report - Oct 13 2010

Daily Derivative Strategy - Oct 13 2010


Daily Derivative Strategy - Oct 13 2010

Daily Technical Report - Oct 13 2010


Daily Technical Report - Oct 13 2010

KSK Energy Ventures


KSK Energy Ventures

JB Chemicals and Pharma


JB Chemicals and Pharma

Kajaria Ceramics


Kajaria Ceramics

Sintex Industries


Sintex Industries

Asian stocks mostly slip


Regional benchmarks record substantial losses on China measures, US Fed in focus

The Asian markets slipped today, giving up the gains in the last few days as the risk appetite went for a toss amid rising global worries that a combination of tight lending in China and liberal quantitative easing in the western economies does not bode well for the global economy. The US dollar rallied after slipping to 1.4000 against the Euro in overnight trades, its lowest level in nearly eight months and commodities witnessed an across the board collapse as well, pulling down the safe haven gold too.

Coal India IPO price band set at Rs 225-245 per share


Retail investors will get 5% discount

The government has set Rs 225-245 per share price band for the initial public offer (IPO) of state-run Coal India. Retail investors will get shares at 5% discount on the final issue price to be discovered through the book-building route. The IPO opens for bidding on 18 October 2010 and closes on 21 October 2010.

The government plans to raise about Rs 15000 crore from divestment of 10% stake in Coal India. The Coal India IPO is billed as the country's largest issue ever. The Indian government is selling roughly 63.16 crore Coal India shares, or 10% of the company.

Market drifts lower on disappointing August industrial production data


The key benchmark indices edged lower in choppy trade as the latest data showed industrial production growth slowed in August 2010. Weak global stocks also weighed on investors sentiment. But, banking stocks and some auto shares came off lows as slowdown in industrial production growth in August 2010 could ease pressure on the central bank to again raise rates at a policy review early next month. Index heavyweight Reliance Industries (RIL), too, recovered from lower level.

VA Tech Wabag IPO Listing Date


VA Tech Wabag IPO Listing Date - Oct 12 2010

BSE Bulk Deals to Watch - Oct 12 2010


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
12/10/2010 533022 20 Microns VIKING INDUSTRIES PRIVATE LIMITED B 93506 56.35

NSE Bulk Deals to Watch - Oct 12 2010


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
12-OCT-2010,20MICRONS,20 Microns Limited,VIKING INDUSTRIES PRIVATE LIMITED,BUY,86494,56.35,-
12-OCT-2010,ACKRUTI,Ackruti City Limited,M/S CELLO PEN & STATIONARY PVT. LTD,BUY,480000,519.95,-

Market Reports - Oct 12 2010


Market Reports - Oct 12 2010

Daily Grey Market Premiums - Oct 12 2010


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

VA Tech Wabag

1310 (Upper Band)

360 to 365

Cantabil Retail

135 (Upper Band)

+ / - 5 to 8

Tecpro Systems

355 (Upper Band)

50 to 60

Ashoka Buildcon

324 (Upper Band)

20 to 22

Sea TV Network

100 (Upper)

16 to 17

Bedmutha Ind.

102 (Upper)

15 to 17

Commercial Engg.

125 to 127

+ / - 3 to 5

Oberoi Realty

253 to 260

6 to 8

B.S. Trans

248 to 257

Discount

Prestige Estate

172 to 183

Discount

Gyscol Alloy

65 to 71

14 to 16

Coal India

220 to 245 (Approx)

16 to 17

US stocks end mildly higher


Technology and energy sectors try to boost stocks on a quiet day

US stocks closed mildly higher on Monday, 11 October 2010. Optimism regarding positive earning reports scheduled later during the week helped stocks end in the green at the end. An absence of catalysts this morning made for a rather quiet start to the session, but stocks were able to attract some support. A stronger dollar restrained buying this session, but stocks were still up with modest gains. The U.S. Treasury market was closed for observance of Columbus Day holiday.

Morning Notes - Oct 12 2010


Morning Notes - Oct 12 2010

Market may open flat to slightly lower; industrial production data eyed


The market may open flat to slightly lower amid mixed Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could fall 7 points at the opening bell.

Sensex set for a negative start; IIP nos eyed


Headlines for the day:

Cairn India raises Rs2,250 crore by selling bonds for first time

Tata Housing launches new residential project

Suzlon Energy gets board nod for Rs5000-crore issue

SGX Nifty Live Update - Oct 12 2010


6,148.00 -7.00

Daily News Roundup - Oct 12 2010


ING Vysya Bank ups base rate by 0.50%. (BL)

Patni Computer opens first centre in China. (BL)

Vedanta Group has ruled out raising the open offer price for Cairn India. (BL)

Vivimed Labs gets Govt nod to develop SEZ in AP. (BL)

Sensex advances...Auto, Metals rally


After two days of selling, the Indian markets started off the eventful week with smart gains. Positive cues from the Asian markets lifted the sentiment in the early trades. However, as the day progressed the key indices were unable to hold on to their early morning gains.

IIP could moderate market


Industry, perseverance, and frugality make fortune yield. - Benjamin Franklin.

The trend of sideways consolidation for the large caps may continue even as side counters continue to hog the limelight. The start is expected to be subdued with global markets trading mixed to lower. After a surprisingly strong show in July, IIP growth is likely to moderate in August and may slip below 10%. The IIP figures will be announced at 11:00 am today.

Crude registers mild losses


Prices end modestly lower as dollar heads up

Crude oil prices ended little lower on Monday, 11 October 2010 at Nymex. Prices fell as the dollar pared its initial losses. Prices also remained a bit somber following last week's employment report from the Labor Department.

Coal Industry


Coal Industry

Marico


Marico

Precious metals continue to shine


Prices remain high despite dollar paring early losses

Precious metals remained strong on Monday, 11 October 2010 at Comex, even as the dollar erased earlier losses and inched up. Last week's disappointing job report weighed on the dollar initially as the traders anticipated that Fed would take additional steps to boost the economy.

Result Expectations - Strategy


Result Expectations - Strategy

Mahindra Satyam


Mahindra Satyam

Consolidated Results Preview


Consolidated Results Preview

JB Chemicals


JB Chemicals

Daily Market Outlook - Oct 12 2010


Daily Market Outlook - Oct 12 2010

Daily Derivative Strategy - Oct 12 2010


Daily Derivative Strategy - Oct 12 2010

Daily Technical Report - Oct 12 2010


Daily Technical Report - Oct 12 2010

Daily Fundamental Report - Oct 12 2010


Daily Fundamental Report - Oct 12 2010

Tecpro Systems IPO Listing


Tecpro Systems IPO Listing on Oct 12 2010

Asia starts on strong note


Markets edge up as weak US jobs report strengthens case for more monetary stimulus from the Federal Reserve

Prestige Estates Projects IPO Analysis


Prestige Estates Projects (PEPL), promoted by Irfan Razack, Rezwan Razack and Moaman Razack, is one of the leading real estate development companies operating in the southern part of the country and more specifically in Bangalore. The company has developed 150 real estate projects of approximately 34.23 million square feet (sft) since inception. In the last five years (since FY 2005), it has completed and delivered about 20.4 million sq ft.

Markets dance on global tunes


Major headlines

Sintex Industries Q2 net profit surges 54% yoy; the stock closes 1.30% higher

Indusind Bank Q2 net profit zooms 71% yoy; the stock ends 1.68% lower

Gallantt Ispat makes a stellar debut

BSE Mid-Cap, Small-Cap indices outshine Sensex


Trading for the week began positive as the key benchmark indices snapped losses in the preceding two trading sessions as world stocks rose on expectation the US Federal Reserve and other central banks will step in to boost the economy. The market breadth was strong. Mid and small-cap indices on BSE outperformed the Sensex. Index heavyweight Reliance Industries (RIL) extended initial gains. The BSE 30-share Sensex was up 89.63 points or 0.44%, off close to 120 points from the day's high. Buying was conspicuous in realty, consumer durables, auto and metal stocks.