Tuesday, September 27, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
27/9/2011 517356 ACI Infocom BARRY MERCANTILE PRIVATE LIMITED B 248681 53.10
27/9/2011 517356 ACI Infocom SANJAY AGARWAL HUF S 250000 53.10
27/9/2011 506027 Bhoruka Alum CHETAN LAXMIKANT DAVE B 163291 10.87
27/9/2011 506027 Bhoruka Alum CHETAN LAXMIKANT DAVE S 163291 10.90
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
27-SEP-2011,HEXAWARE,Hexaware Technologies Lim,ELDER VENTURE LLP .,BUY,5200000,74.75,-
27-SEP-2011,INDOWIND,Indowind Energy Limited,SHREE BHUVANAKARAM TRADINVEST PRIVATE LIMITED,BUY,617432,13.26,-
27-SEP-2011,PGEL,PG Electroplast Ltd,ADROIT FINANCIAL SERVICES PRIVATE LIMITED,BUY,84021,439.57,-
27-SEP-2011,PGEL,PG Electroplast Ltd,ALFA FISCAL SERVICES PVT LTD,BUY,103007,398.99,-
The Indian markets have turned a bit volatile ahead of the F&O expiry on Thursday. After Monday’s 30 point decline, the NSE Nifty today rallied by 3% led by gains in the index heavy weights like RIL, ICICI Bank and Infosys. Short covering was witnessed in the interest rate sensitive sectors like Realty, Banking and Auto stocks.
The BSE Sensex and the Nifty both closed near the best levels of the day.
It was a strong pullback rally after four-day fall following robust gains on global front. Investors were in buoyant mood today on hopes that European Finance Ministers would take strong steps to tackle Greece’s debt crisis. Buying interest was seen across the board, which kept the markets strong all throughout the day amid global optimism. Gains in the ADAG pack and index heavyweights like RIL, SBI, TCS, Infosys, ICICI Bank, JP Associates and HDFC also led the upmove.
Sensex movements: Global rally pushed the Sensex 238 points higher at 16289 in the opening trade. Then the index gathered pace and maintained its uptrend on good buying interest and positive global cues. In the last half hour of trade, buying intensified across the board and strong gains in the European stocks led the index to touch the day’s high of 16552 . The Sensex jumped 473 points to close at 16524 and the Nifty gained 136 points to settle at 4971.
Sharekhan presents a list of companies that buzzed on D-street the moment billionaire investor Rakesh Jhunjhunwala eyed them.
Rakesh Jhunjhunwala, Partner, Rare Enterprises and our very own Indian Warren Buffet, has made some companies buzz on the street with his expression of interest in them. Sharekhan presents a list of such companies that did magic on D-streets the moment billionaire investor Rakesh Jhunjhunwala eyed them. The list is sorted with recency from lastest to last.
Nifty September 2011 futures were at 4983, at a premium of 11.75 points over spot closing of 4971.25. Nifty October 2011 futures were at 4999.40, at a premium of 28.15 points over spot closing of 4971.25.
Turnover in NSE's futures & options segment decreased to Rs 166532.87 crore from Rs 193404.14 crore on Monday, 26 September 2011. The near month September 2011 derivatives contracts expire on Thursday, 29 September 2011
Media reports that the finance ministry is considering some tax cuts on equities to lower transaction costs and broaden participation in the market helped the market snap 4-day losing streak. A rally in world stocks triggered by reports that European policy makers are considering new plans to support European countries struggling with debt, further aided the surge on the domestic bourses today, 27 September 2011. The BSE Sensex jumped 472.93 points or 2.95%, up close to 240 points from the day's low and off close to 30 points from the day's high. The Sensex and the 50-unit S&P CNX Nifty attained their highest closing level in nearly one week.
The Ministry of Defence has decided to put on hold the JV of MDL with Pipavav Shipyard till a policy on JVs is put in place by the government. (BS)
DB Realty is in talks with major real estate companies for joint developments in two of its prime properties in the Mumbai which are valued around Rs30bn. (BS)
Goldman Sachs has invested about Rs10bn in ReNew Wind Power. (BL)
After a turbulent previous week and an anxious weekend, the Indian equity indices ended in the negative terrain, starting off the new week on a sour note. The NSE Nifty extended its losing streak to a third straight trading session amid sustained selling by FIIs as they continue to be risk averse amid uncertainty over the eurozone credit crisis and economic slowdown in the US.
Finally, the BSE Sensex ended at 16,051, dropping 111 points. It had earlier touched a day's high of 16,209 and a day's low of 15,801. It opened at 16,209. The NSE Nifty closed at 4,835, down 32 points.
Be life long or short, its completeness depends on what it was lived for -David Jordan.
After long, a relief rally appears to be underway. How long it lasts, remains to be seen. The trigger is some new-found optimism that European leaders will be able to brush aside political differences to quell the region’s credit crisis.
Relief about the possibility that there might be a solution to Europe's debt problems is boosting sentiment today. The opening is expected to be on a strong note.
Headlines for the day:
Pipavav warship joint venture put on hold
DB Realty in JV talks with other firms
GMR to sell 30% stake in Singapore arm to Petronas
Gas supply shortage short-circuits power output
Gains remain checked on fears of another recession
Crude prices ended little higher on Monday, 26 September, 2011 at Nymex. Though prices rose in tandem with US equities, fears of another recession hitting the economy put a brake on this rise.
Light and sweet crude for October delivery rose $0.39 (0.5%) to $80.24 a barrel on the New York Mercantile Exchange on Monday. Prices fell to a low of $77.11 and rose to a high of $80.85 during intra day trading. Last week, crude lost 9.2%. For the month of August, 2011, crude shed 7.1%.
The market is likely to see a strong start on upbeat global cues. Also bargain hunting after prior four days of decline may support gains. Trading of S&P CNX Nifty on the Singapore stock exchange indicates a surge of 85 points at the opening bell. Volatility is expected to rise this week as traders roll over positions in the futures & options (F&O) segment from the near-month September 2011 series to October 2011 series. The September 2011 derivatives contracts expire on Thursday, 29 September 2011.
Prices continue to turn pale even on Monday after their last week's huge drop on Friday
Precious metals continued their downward slide following their last Friday's huge drop and ended substantially lower once again on Monday, 26 September 2011 at Comex. Prices fell as investors hedged against a possible global liquidity crunch and reacted to increases in margin requirements for gold.
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