Tuesday, November 22, 2011
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
22/11/2011 531247 Alpha Hitech MUKHTYARBEGUM NOORMIYAN SHAIKH B 21638 5.54
22/11/2011 524760 Arvind Intl-$ DINESH CHANDRA BAJORIA B 118252 12.40
22/11/2011 531568 Ashutosh Paper NIFTYS TECHNOLOGIES PRIVATE LIMITED B 33000 171.48
22/11/2011 531568 Ashutosh Paper MUKESH AGGARWAL S 33900 172.00
22/11/2011 531568 Ashutosh Paper SALASAR TECHNO ENGINEERING PRIVATE LIMITED S 40000 170.00
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
22-NOV-2011,GITANJALI,Gitanjali Gems Limited,CHOKSI MEHUL CHINUBHAI,BUY,450000,331.67,-
22-NOV-2011,KIRLOSENG,Kirloskar Oil Eng Ltd,KIRLOSKAR INDUSTARIES LIMITED,BUY,2029000,139.99,-
22-NOV-2011,MOTOGENFIN,Motor & Gen Fin Ltd,BHAUBALI SERVICES LTD,BUY,130156,40.00,-
22-NOV-2011,PRAKASHCON,Prakash Constrowell Ltd,CHANDARANA INTERMEDIARIES BROKERS P. LTD,BUY,78210,204.54,-
Rural Electrification Corporation jumped 3.77% at Rs 188.50 at 13:47 IST on BSE, extending Monday's 2.02% rise triggered by reports that Tamil Nadu Electricity Board has sought the regulator's approval to increase tariffs by 38%.
Meanwhile, the BSE Sensex was up 238.02 points, or 1.49%, to 16,184.12.
On BSE, 2.18 lakh shares were traded in the counter as against an average daily volume of 3.19 lakh shares in the past one quarter.
The stock hit a high of Rs 189.60 and a low of Rs 181.30 so far during the day. The stock had hit a 52-week low of Rs 155 on 4 October 2011. The stock had hit a 52-week high of Rs 364.90 on 1 December 2010.
Thomas Cook (India) tumbled 10.53% to Rs 39.50 at 15:30 IST on BSE on a rub-off effect after shares of the company's UK-based parent Thomas Cook Group Plc slumped over 70% in London stock market today, 22 November 2011.
Meanwhile, the BSE Sensex was up 122.69 points, or 0.77%, to 16,068.79.
On BSE, 15.78 lakh shares were traded in the counter compared with average volume of 51,000 shares over the past two weeks.
Key benchmark indices snapped an eight-session losing streak as bargain hunting emerged after a recent steep slide in share prices. Gains in European stocks aided recovery on the domestic bourses, with the barometer index, BSE Sensex, regaining the psychological 16,000 mark. The Sensex surged 119.32 points or 0.75%, off close to 145 points from the day's high and up about 95 points from the day's low. The market breadth was negative.
Bargain hunting emerged on the bourses today, 22 November 2011, after share prices witnessed steep slide recently. Indian stocks had tumbled recently on weak September 2011 corporate earnings and as European and US debt problems pulled world markets lower. The BSE Sensex had tumbled 1,623.43 points or 9.24% in eight trading sessions to settle at 15,946.10 on Monday, 21 November 2011, its lowest closing level since 5 October 2011, from a recent high of 17,569.53 on 8 November 2011.
MAN Truck and Bus AG of Germany is buying out its Pune-based joint venture partner Force Motors, in the venture that makes trucks and buses, for about Rs9.5bn.(BL)
NTPC Ltd has floated a tender for importing 4 mn tonnes of coal to bridge the shortfall of the fuel from domestic sources.(BL)
Reliance Infrastructure said it has commissioned a 140-km 400 kV double circuit transmission line between Ranchodpura (Vadavi) and Zerda (Kansari) in Gujarat.(BL)
We live in a moment of history where change is so speeded up that we begin to see the present only when it is already disappearing. - RD Laing.
The worries are not disappearing anytime soon but after a really terrible start to the week, we are set for a mildly positive to flattish opening. Asian markets are pretty mixed. In fact, Japanese, Korean and Australian stocks are trading off their worst levels. US stocks tumbled after a congressional panel formally admitted to the failure of stitching a deal to slash the nation’s soaring deficit.
But, S&P and Moody’s say they won’t lower US credit ratings. President Obama says he will veto any measure designed to override automatic budget cuts. So, there is a chance of slight recovery in sentiment after eight successive sessions of losses.
Sovereign debt problems in Europe and US hammer red metal prices
Red metal prices at Comex witnessed the largest one day drop in three weeks on Monday, 21 November 2011. Prices dropped to a month low on mounting fears that heavy debt loads in Europe and the United States will hinder global economic growth, and with it, demand for industrial metals.
Copper for December delivery ended lower by 10 cents (2.9%) at $3.3 a pound at Comex on Monday. Last week, copper shed 1.7%.
Concerns about debt problems in Europe and the US pressure crude oil prices today
Crude prices ended lower on Monday, 21 November at Nymex. Concerns about debt problems in Europe and the US pressured crude oil prices today.
Light and sweet crude for January delivery fell $0.75 (0.8%) to $96.92 a barrel on the New York Mercantile Exchange on Monday. The contract fell to a low of $95.24 during intra day trading. It was lowest settlement for crude in almost two weeks. Last week, crude lost 1.6%. For the month of October, oil futures gained 18%. During the third quarter ending in September, crude incurred losses of 17%. It was the worst quarterly performance for crude in almost two years.
Margin selling, caused by the sharp pullback in equities, pressured bullions today
Precious metals ended lower on Monday, 21 November 2011 at Comex. Margin selling, caused by the sharp pullback in equities, pressured gold and silver today. The strong dollar also pressured overall commodities including bullions.
Gold for December delivery ended lower by $46.5 or 2.7%, to end at $1,678.6 an ounce on the Comex division of the New York Mercantile Exchange on Monday. It fell to a low of $1,670.5 during intra day trading. Gold has been under pressure since past few sessions as many large funds have been selling positions in gold and other commodities. Last week, the yellow metal lost 3.5%. For the month of October, gold gained 6.3%. It registered a rise of 8% for the third quarter ending September.
Market is likely to open firm on Tuesday, 22 November 2011 on likely bargain hunting after posting losses in prior eight trading sessions. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a rise of 37 points at the opening bell. Global cues were mixed with Asian markets trading mixed today while US markets ended with steep losses on Monday.
Key benchmark indices skidded for the eighth straight day on Monday, 21 November 2011 to hit 6-1/2-week lows as European and US debt problems pulled world stocks lower. The BSE Sensex tumbled 425.41 points or 2.6% to settle at 15,946.10, its lowest closing level since 5 October 2011. The Sensex has lost 1,623.43 points or 9.24% in the past eight trading sessions from a high of 17,569.53 on 8 November 2011.
Weak global environment alongwith rupee falling to record low led to a severe fall in the Indian markets today. The Sensex slid 425 points and the Nifty fell 127 points
FY12 fiscal deficit to exceed 4.6% of GDP target: Montek
Infosys may miss upper end of FY12 $ revenue guidance
Jet Airways awarded 'Best Domestic Airline’
REC rises on buzz of tariff hike
RIL slips as oil min sanctions 'scrupulous' action
Bharti Airtel falls after CBI raid
Nifty November 2011 futures were at 4787, at a premium of 8.65 points compared to spot closing of 4778.35. Nifty December 2011 futures were at 4812.25, at a premium of 33.90 points over spot closing. Turnover on NSE's futures & options (F&O) segment declined to Rs 172938.68 crore from Rs 195058.74 crore on Friday, 18 November 2011.
State Bank of India (SBI) November 2011 futures were at 1670, same as spot closing of 1670.
Key benchmark indices skidded for the eighth straight day to hit 6-1/2-week lows as European and US debt problems pulled world stocks lower. Data showing substantial selling by foreign funds recently hurt sentiment adversely. The barometer index, BSE Sensex, fell below the psychological 16,000 level. The BSE Sensex was down 425.41 points or 2.6%, off close to 350 points from the day's high and up close to 45 points from the day's low. The market breadth was weak. All the 13 sectoral indices on BSE were in the red.
The Sensex has lost 1,623.43 points or 9.24% in the past eight trading sessions from a high of 17,569.53 on 8 November 2011. The Sensex has lost 1,758.91 points or 9.93% this month so far. The Sensex has slumped 4,562.99 points or 22.24% in calendar 2011. From a 52-week high of 20,664.80 on 3 January 2011, the Sensex has lost 4,718.70 points or 22.83%. From a 52-week low of 15,745.43 on 4 October 2011, the Sensex has risen 200.67 points or 1.27%.