Tuesday, April 05, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
5/4/2011 532937 ABC Paper DELHI IRON AND STEEL COMPANY PRIVATE LIMITED B 174448 50.71
5/4/2011 532937 ABC Paper VIJAY KUMAR AGGARWAL S 171901 50.72
5/4/2011 533330 ACROPET TEC DECENT FIN SER (P) LTD B 200000 54.00
5/4/2011 531678 Anand Credit BIJENDER SINGH B 37000 7.02
5/4/2011 531678 Anand Credit BRIJESH ASHOKBHAI HALARI S 73268 6.98
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
05-APR-2011,ACROPETAL,Acropetal Tech Ltd,DECENT FIN. SER. (P) LTD,BUY,200000,53.99,-
05-APR-2011,ACROPETAL,Acropetal Tech Ltd,S V ENTERPRISES,BUY,230000,54.00,-
05-APR-2011,AGRE,Agre Developers Ltd,MOHAMMED MUAZ JAN TRUST,BUY,74138,56.08,-
05-APR-2011,ARSSINFRA,ARSS Infra Proj. Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,128264,599.00,-
The rally in the month of March was primarily driven by FIIs, with the markets touching new highs and closing the month 9% higher.
Major news for the month
January IIP at 3.7% versus 1.6%
Inflation in February at 8.31% versus 8.23%
Per capita income during FY10 rises 14.5%
FDI down by 30% in February to $1.2 billion
The key benchmark indices took a breather after Monday's (4 April 2011)'s 1.45% rally amid a divergent trend in pivotals. Intraday volatility was high. The BSE 30-share Sensex was down 14.91 points or 0.08%, up close to 165 points from the day's low and off close to 80 points from the day's high. The 50-unit S&P CNX Nifty ticked slightly higher scaling 3-month closing high. The broad market depicted strength as a number of small-cap and mid-cap stocks extended recent gains. The market breadth was strong. European stocks and US index futures were trading lower. Asian stocks ended mixed.
Suzlon Energy is all set to acquire the residual stake in German company REpower, to get 100% control of the company. (BS)
Petroleum secretary said that Cairn Energy Plc will need to take the consent of partner ONGC before selling majority stake in its Indian unit to Vedanta. (BS)
United Spirits has acquired 41.5% stake in Karnataka-based Sovereign Distilleries Ltd. (FE)
After taking a breather in the previous trading session, the Indian stock market began the week with a bang, well supported by rising global equities and FII inflows. The NSE Nifty closed above the 5900 levels for the first time in almost three months. The BSE Sensex ended above 19,700 on the back of all-round buying across sectors and is inching closer to the 20,000 milestone.
Capital Goods, IT, Auto and Banking stocks were among the major gainers. The BSE Mid-Cap and the BSE Small-Cap indexes outperformed the benchmark indices as traders seek value in outside the main indices.
The ability to focus attention on important things is a defining characteristic of intelligence. - Robert J. Shiller.
There is no stopping the Indian juggernaut these days with the steady flow of FII money keeping the interest alive in the market. Another quarter more or less in line with expectations for India Inc. is something many are anticipating. Stay focused as we do have a few macroeconomic headwinds in the form of high inflation and rising cost of capital. Right now it’s all about momentum, which is driving the stocks up.
Prices stay above $108 mark on supply worries
Oil prices gave up early weakness and ended at thirty-month high levels on Monday, 04 April 2011 at Nymex. Continuing Mid East and North African crisis together with a weak dollar pushed up crude prices today.
On Monday, crude oil futures for light sweet crude for April delivery closed higher by $0.53 (0.5%) at $108.47/barrel. Earlier prices traded as high as $108.78. Last week, prices gained 2.4%.
Prices shine as crude soars and dollar drops
Precious metal prices shot up on Monday, 04 April 2011 at Comex. Prices rose in tandem with higher crude prices, which induced fears of inflation. Additionally, a weak dollar also pushed prices higher. Silver closed at new 31 year high levels.
Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of other currencies and also vice versa. But bullion metals have registered increase in prices despite strong dollar in recent times and vice versa.
The market is likely to see a flat-to-positive start following mixed global cues. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 2.5 points at the opening bell. The recent buying spree by the foreign funds and a slight decline in crude oil prices may support upmove.
As per provisional figures, foreign funds bought shares worth Rs 604.51 crore and domestic funds sold shares worth Rs 389.33 crore on Monday, 4 April 2011.