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Friday, October 29, 2010

Grey Market Premium - Coal India stable despite market drop


Company Name

Offer Price

(Rs.)

Premium

(Rs.)

Coal India

245.00

39 to 40

Gravita India Ltd.

120 to 125

16 to 18

Daily News Roundup - Oct 29 2010


RPower has places US$8.2bn order with Shanghai Electric for equipment to generate 23,760MW power. (ET)

ONGC may acquire 60% stake in exploration block AA-ONJ/2 from the Indian arm of UK based Tullow Oil. (ET)

Expiry of bullishness…Nifty ends below 6000


It was an absolute bear attack in the last half an hour of the day. Selling in the Realty, Power and the Metals stocks dragged the NSE Nifty to end below the 6000 levels. Even the broader indices were under pressure. In the past three days the index has now lost nearly 120 points. Selling was so severe in the last half and hour, it was whip-saw, markets just crashed and it was on huge volumes. The turnover crossed all time high surging past the 2.43 lakh crores",

Sensex may see a weak opening


The Indian indices head towards a negative start following the weak Asian markets, as investors remained cautious ahead of the release of the US economic growth data

Headlines for the day:

Reliance Power awards $8.2 billion order to Shanghai Electric

Core Projects bags Rs26 crore order from Gujarat govt

Banks hope for status quo in mid-term policy review

Suddenly, it gets erratic!


The sudden and swift drop has made the near-term outlook turn slightly bleak. There are more chances of the key indices going down than up. The start today is likely to be down.

Nifty November 2010 futures at huge premium


Turnover soars to a staggering Rs 2.5 lakh crore

Nifty November 2010 futures were at 6,074.90, at a premium of 87.20 points over spot closing of 5,987.70. Turnover in NSE's futures & options (F&O) segment surged to Rs 252504.79 crore from Rs 206567.50 crore on Wednesday, 27 October 2010, as traders rolled over positions from the near-month October 2010 series to November 2010. The near-month October 2010 derivatives contracts expired today, 28 October 2010.

Mindtree Limited


Mindtree Limited

Daily Market Outlook - Oct 29 2010


Daily Market Outlook - Oct 29 2010

DB Corp


DB Corp

Patni Computers


Patni Computers

Ultratech Cement Ltd


Ultratech Cement Ltd

United Phosphorus


United Phosphorus

NTPC Ltd


NTPC Ltd

Asian Paints


Asian Paints

Voltas Ltd


Voltas Ltd

Marico Limited


Marico Limited

TRF


TRF

Andhra Bank


Andhra Bank

Dish TV


Dish TV

Deepak Fertilizers Ltd


Deepak Fertilizers

Hindustan Unilever Ltd


Hindustan Unilever Ltd

Marico


Marico

India Mobile Sector


India Mobile Sector

Glenmark Pharma


Glenmark Pharma

Voltas


Voltas

BSE Bulk Deals to Watch - Oct 28 2010


Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
28/10/2010 532682 ABG Shipyard SMART EQUITY BROKERS PRIVATE LIMITED B 307371 464.74
28/10/2010 532682 ABG Shipyard SMART EQUITY BROKERS PRIVATE LIMITED S 307371 464.94

NSE Bulk Deals to Watch - Oct 28 2010


Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
28-OCT-2010,ABGSHIP,ABG Shipyard Limited,C D INTEGRATED SERVICES LTD.,BUY,255560,463.14,-
28-OCT-2010,ABGSHIP,ABG Shipyard Limited,GENUINE STOCK BROKERS PVT LTD,BUY,257169,462.51,-

SGX Nifty Live Update - Oct 29 2010


6,041.50 -33.50

Nifty settles below 6,000


The key benchmark indices fell for the third straight day in a highly volatile trading sessions as traders rolled over positions in the derivatives segment from the near-month October 2010 series to November 2010. The near-month October 2010 derivatives contracts expired today, 28 October 2010. The barometer index BSE Sensex below the psychological 20,000 and the 50-unit S&P CNX Nifty fell below the psychological 6000 mark. A trend reversal was witnessed shortly after the market scaled a fresh intraday high in mid-afternoon trade. Turnover on NSE's futures & options segment surged to a staggering over Rs 2.5 lakh crore.