Tuesday, November 15, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
15/11/2011 524760 Arvind Intl-$ DINESH CHANDRA BAJORIA B 83819 13.48
15/11/2011 524760 Arvind Intl-$ ARVIND BAJORIA B 100000 13.50
15/11/2011 524760 Arvind Intl-$ SUNDRM CONSULTANTS PRIVATE LIMITED S 100000 13.50
15/11/2011 590122 ASHIKACR GREENVIEW DISTRIBUTORS PRIVATE LIMITED S 36500 49.61
15/11/2011 511664 BGIL Films CNB FINWIZ LIMITED B 125000 6.01
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
15-NOV-2011,ARVIND,Arvind Limited,SWISS FINANCE CORPORATION (MAURITIUS) LIMITED,BUY,1300000,93.59,-
15-NOV-2011,LOVABLE,Lovable Lingerie Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,109565,382.90,-
15-NOV-2011,LOVABLE,Lovable Lingerie Ltd,CROSSEAS CAPITAL SERVICES PVT. LTD.,BUY,191006,387.35,-
15-NOV-2011,LOVABLE,Lovable Lingerie Ltd,QUADEYE SECURITIES PRIVATE LIMITED,BUY,103464,385.20,-
15-NOV-2011,LOVABLE,Lovable Lingerie Ltd,R.M. SHARE TRADING PVT LTD,BUY,100976,386.05,-
15-NOV-2011,ONELIFECAP,Onelife Cap Advisors Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,145514,277.81,-
The Indian markets came under bear grip in the last one and half hour of trade and closed the session with heavy losses. The Sensex dropped 236 points and the Nifty slid 80 points
Kingfisher Airlines not seeking bailout: Vijay Mallya
Rupee hits 32-month low
Cipla zooms on posting good Q2 numbers
Tata Power hits 52-week low after poor Q2 results
Key benchmark indices fell for the fourth straight day to hit 3-1/2-week closing lows as world stocks fell amid renewed worries about euro-zone debt. The barometer index BSE Sensex fell below the psychological 17,000 mark. The Sensex lost 236.07 points or 1.38%, up close to 45 points from the day's low and off close to 290 points from the day's high. All the 13 sectoral indices on BSE were in red. The market breadth was quite weak. Realty stocks extended recent losses as leading realty firms reported weak Q2 results, with realty giant DLF slumping nearly 7%. Car major Maruti Suzuki India hit 52-week low. Bank stocks declined on fears of increase in bad loans in a slowing economy.
Banks belonging to the consortium which has funded Kingfisher Airlines have raised concerns over the viability of a further conversion of the airline's debt into equity. (BL)
Jet Airways said it will ‘rationalise' its manpower to cut losses; to go for sale, lease-back of aircraft. (BL)
Cairn Lanka, a fully-owned subsidiary of Cairn India, said it has discovered more natural gas reserves in Mannar basin in Sri Lanka. (BL)
In the field of observation, chance favors only the prepared mind. - Louis Pasteur.
As expected, the euphoria surrounding new leadership in Greece and Italy has been short-lived. World equities are mostly down as yields on Italian and Spanish bonds reflect persistent fears over the precarious fiscal health of the eurozone.
Despite the recent political response, doubts prevail over the ability of the eurozone leaders to quickly deal with the credit crisis. Investors are likely to remain wary until they see clear signs of the measures taking effect.
Technically, markets around the globe continue to consolidate after October's big gains. The start today will be more sedate owing to shaky global cues. Asian markets are subdued following weak finishes on Wall Street and European markets.
Euro-zone industrial production slipped 2% in September from the previous month. Data on Q3 GDP growth in Germany and the eurozone will be released on Tuesday. Investors will also be tuned into data on US retail sales and PPI.
Back home, earnings may remain in the spotlight with Tech Mahindra being the only top company declaring results today. We expect Indian indices to remain rangebound and choppy. The Nifty might trade between 5075 and 5185.
Today’s opening is likely to be on a negative note tracking fall across the globe on concerns euro zone debt crisis could still spin out of control.
Headlines for the day:
M&M to make open offer for Swaraj Automotives
Maruti hikes diesel car prices by Rs 10k
Cairn makes second gas discovery in Sri Lanka
Motilal Oswal launches 10-yr gilt fund