Tuesday, December 13, 2011
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
13-DEC-2011,AHLEAST,Asian Hotels (East) Ltd,AXIS BANK LTD,BUY,55000,275.00,-
13-DEC-2011,INDIANHUME,Indian Hume Pipe Co. Ltd,ORANGE MAURITIUS INVETMENTS LTD,BUY,187837,110.00,-
13-DEC-2011,IVRCLINFRA,IVRCL Limited,MACQUARIE BANK LIMITED,BUY,4000000,33.50,-
13-DEC-2011,PRAKASHCON,Prakash Constrowell Ltd,NITIN BABAJI PALANDE,BUY,58466,194.59,-
13-DEC-2011,STAN,Standard Chartered PLC,MORGAN STANLEY MAURITIUS COMPANY LTD,BUY,3048503,82.00,-
13-DEC-2011,AHLEAST,Asian Hotels (East) Ltd,AXIS BANK LTD,SELL,60200,275.00,-
13-DEC-2011,FARMAXIND,Farmax India Ltd,BMD EXPORTS PRIVATE LIMITED,SELL,4850000,1.80,-
13-DEC-2011,INDIANHUME,Indian Hume Pipe Co. Ltd,RUCHIT B. PATEL,SELL,165613,110.00,-
13-DEC-2011,IVRCLINFRA,IVRCL Limited,PRISM COMMODEAL PVT LTD,SELL,1633249,33.48,-
13-DEC-2011,PRAKASHCON,Prakash Constrowell Ltd,NITIN BABAJI PALANDE,SELL,108466,190.18,-
13-DEC-2011,STAN,Standard Chartered PLC,GOLDMAN SACHS INVESTMENTS MAURITIUS I LTD,SELL,3000000,82.00,-
Today’s start is expected to be on a weak note as anxiety about the euro zone's debt crisis resurfaced. Rating agency warnings will bring down markets.
Headlines for the day:
Unitech puts on hold demerger of infra biz
IDFC sells 25% in MF biz to Natixis Global
IOC tops Fortune India 500 list, RIL at second spot
Cabinet to discuss draft Food Security Bill today
Maruti cars to cost more from January
The CBI charges Essar group vice-chairman Ravikant Ruia and his nephew Anshuman Ruia, director with cheating and criminal conspiracy. (BS)
South Indian Bank is aiming at a 50% growth in its fee income in the next two to three years. (BS)
The promoter of Kingfisher Airlines, Mr Vijay Mallya, called on the Chairman of the CBEC, Mr S. K. Goel, seeking operationalisation of the airlines frozen bank accounts. (BL)
Trade unions have demanded a whopping 50% pay hike by Coal India Ltd in the forthcoming National Coal Wage Agreement-IX. (BL)
The Indian markets ended in deep red on Monday, extending the fall to a third straight trading session with the BSE Sensex closing below the 16,000 mark and the NSE Nifty shutting under the 4800 mark.
A weaker-than-expected IIP data for October coupled with fresh weakness in the rupee were the chief factors that dampened the sentiment today. However, expectations of a pause at this week's RBI policy meet sent yields on the benchmark 10-year government bonds to two-month low. Weak opening in Europe also weighed on the sentiment as Moody's warned of continued risk to sovereign credit ratings despite last week's EU pact on tighter fiscal integration.
There can be economy only where there is efficiency. – Benjamin Disraeli.
The prospects for Indian economy are going from bad to worse. Nothing is going right at the moment. IIP was expected to show a contraction but the actual drop has turned out to be quite grim. The Government’s FY12 GDP growth forecast of 7.5% is under threat. In fact, things may remain downbeat even in FY13 given the policy inaction and a deteriorating external backdrop. Five states will reportedly go to polls in February. So, expectations of a fiscally prudent budget might not get fulfilled.
Discouraging data from China further pressure prices which drop to two week low
Red metal prices ended substantially lower on Monday, 12 December 2011 at Comex. Copper hit a near two-week low on Monday, pressured by worries about weaker demand for industrial metals as Europe's move towards greater economic integration failed to calm fears of a deepening debt crisis and a potential regional recession.
Copper for March delivery ended lower by 9 cents (2.6%) at $3.46 a pound at Comex on Monday. Last week, copper lost 0.6%. Copper ended the month of November lower by 1.9%.
Prices settle at lowest levels in one and half months
Precious metals ended substantially lower on Monday, 12 December 2011 at Comex. Prices turned pale as the dollar headed up substantially higher. The dollar turned strong mainly against the euro. U.S. stocks and the euro extended a decline in midday trading on Monday after Fitch Ratings said Europe's debt crisis will continue in 2012 as a comprehensive solution remains elusive, leading to a significant economic downturn there. Prices settled at almost seven-week lows.
Gold for February delivery ended lower by $48.6 or 2.8%, to end at $1,668.2 an ounce on the Comex division of the New York Mercantile Exchange on Monday. Last week, gold lost 2%.
Prices settle at almost two week lows
Crude prices ended considerably lower on Tuesday, 12 December 2011 at Nymex. Prices turned pale due to demand concerns and as the dollar headed up substantially higher. The dollar turned strong mainly against the euro. U.S. stocks and the euro extended a decline in midday trading on Monday after Fitch Ratings said Europe's debt crisis will continue in 2012 as a comprehensive solution remains elusive, leading to a significant economic downturn there. Prices settled at almost two week lows.
The market may extend three day 5.96% decline on weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 39.50 points at the opening bell.
Key benchmark indices declined for the third straight day to settle at their lowest level in more than 2 weeks on Monday, 12 December 2011 as data showing decline in industrial production in October 2011 for the first time in more than two years and weak European stocks dampened sentiment. The BSE Sensex lost 343.11 points or 2.12% to settle at 15,870.35, its lowest closing level since 25 November 2011.
Foreign institutional investors (FIIs) sold shares worth Rs 428.30 crore on Monday, 12 December 2011, as per the provisional data from the stock exchanges. FIIs had sold shares worth Rs 248.57 crore on Friday, 9 December 2011.
Concerns over growth slowdown, weak rupee coupled with negative global cues pulled the markets lower, with the Sensex falling 343 points and the Nifty declining 102 points at the close
Headlines for the day
October IIP at -5.1% versus 1.9% in September
Kinetic Engg, Kinetic Motor surge after board approves merger
Emami plunges after AMRI Hospital fire incident
Aviation stocks make smart gains
Key benchmark indices declined for the third straight day to settle at their lowest level in more than 2 weeks as data showing decline in industrial production in October 2011 for the first time in more than two years and weak European stocks dampened sentiment. The barometer index, BSE Sensex, fell below the psychological 16,000 mark. The BSE Sensex shed 343.11 points or 2.12%, off about 490 points from the day's high and up close to 30 points from the day's low. The market breadth was weak.
From a recent high of 16,877.06 on 7 December 2011, the Sensex has tumbled 1,006.71 points or 5.96% in three trading sessions. The Sensex has fallen 253.11 points or 1.56% so far this month. The Sensex has slumped 4,638.74 points or 22.61% in calendar 2011. From a 52-week high of 20,664.80 on 3 January 2011, the Sensex has lost 4,794.45 points or 23.2%. From a 52-week low of 15,478.69 on 23 November 2011, the Sensex has risen 391.66 points or 2.53%.