Monday, March 05, 2012
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
05-MAR-2012,SAKSOFT,Saksoft Limited,EMPRESS ASSOCIATES PRIVATE LIMITED,BUY,67250,76.96,-
05-MAR-2012,SAKSOFT,Saksoft Limited,LAKSHIMINARAYANA S,BUY,2000,77.20,-
05-MAR-2012,SAKSOFT,Saksoft Limited,RAJINIKANTH B,BUY,4530,76.78,-
05-MAR-2012,SESHAPAPER,Seshasaye Pap & Boards ,FIDELITY MULTITRADE PVT. LTD.,BUY,235000,155.50,-
05-MAR-2012,REFEX,Refex Refrigerants Ltd,PAM PHARMACEUTICAL& ALLIED MACHINERYCO PVTLTD,SELL,78237,5.08,-
05-MAR-2012,SAKSOFT,Saksoft Limited,LAKSHIMINARAYANA S,SELL,70000,76.94,-
05-MAR-2012,SAKSOFT,Saksoft Limited,RAJINIKANTH B,SELL,60076,77.72,-
05-MAR-2012,SESHAPAPER,Seshasaye Pap & Boards ,Bharat Patel,SELL,235000,155.50,-
This data was last updated on Monday, March 05, 2012 5:30:32 PM
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
5/3/2012 512161 8K Miles Software PANKAJ NARAYANDAS PATEL B 87630 58.88
5/3/2012 512161 8K Miles Software COMFORT INTECH LIMITED S 90150 58.89
5/3/2012 531560 Aroma Enterprises JIGNASHABEN HARISHBHAI PATEL B 42000 7.91
5/3/2012 531560 Aroma Enterprises AARAV FINANCIAL SERVICES PRIVATE LIMITED S 50000 7.92
5/3/2012 509026 Artheon Fin AMIT ARUNKUMAR SHROFF B 25000 61.20
The frontline Indian stock indices ended Monday with sharp losses, starting off the truncated week on a sore note. Traders preferred to stay light by booking more profits ahead of the outcome of the five assembly elections. The results of the votes will be announced on Tuesday. There are concerns that a disappointing performance by the Congress party could force the Centre to put economic reforms on the back-burner.
Another dampener is that crude oil prices continue to be uncomfortably high for the past few days. As if that is not enough there are reports of an impending fuel price hike post the state elections. This may lift inflation again and prompt the RBI to postpone its rate cuts.
Finally, the Sensex ended at 17,359, down 277 points or 1.5% from the last close. It earlier touched a day's high of 17,598 and day's low of 17,312.
Key benchmark edged lower to reach their lowest closing level in 4-1/2 weeks as weakness in global stocks hit sentiment adversely. Investors remained cautious ahead of the outcome tomorrow, 6 March 2012, of assembly elections held in five states. The barometer index, BSE Sensex, lost 274.12 points or 1.55%, off about 235 points from the day's high and up close to 50 points from the day's low. The market breadth was weak. World stocks fell as China cut its economic growth forecast to its lowest level in eight years. China is the world's second largest economy after the US.
The barometer index has lost 389.81 points or 2.19% in March 2012 so far (till 5 March 2012). The Sensex had jumped 559.13 points or 3.25% in February 2012. The index has surged 1,907.95 points or 12.34% in calendar 2012 so far (till 5 March 2012) on the back of heavy inflow from foreign funds. From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 2,227.01 points or 14.71%. From a 52-week high of 19,811.14 on 6 April 2011, the Sensex has lost 2,448.27 points or 12.35%.
Today’s start is likely to be on a flat note on the back of subdued Asian cues
Headlines for the day
Infosys to set up Rs100 crore devt centre in Nagpur
Realtors seek relaxation in FDI, ECB norms
MCX plans post-Holi listing on BSE
LPG transporters to decide on strike today
ACC to add 5 mtpa capacity in next 3 years
HCC yet to decide on debt restructuring, lenders adamant
ICICI, Citi, BoB to form NBFC to fund core sector
Most Asian indices are up following overnight gains on Wall Street. Oil spiked on reports of a pipeline explosion but the same was later denied by Saudi Arabia.
Democracy is the only system that persists in asking the powers that be whether they are the powers that ought to be. ~Sydney J. Harris.
Elections are hogging the headlines and the final outcome of the five assembly elections, especially that in UP, will be crucial. While the media reports are throwing up disparate possibilities, one has to bear in mind that elections in India are as unpredictable as a game of cricket. So to jump to any conclusion at this juncture will be a little premature. Also, political equations change rapidly in India, particularly after the verdict is out. ‘Wait and watch’ would be the best approach to take.
Bullions also register modest weekly losses
Gold and silver futures at Comex slipped on Friday, 02 March 2012 as the U.S. dollar pushed higher and investors sold the metals alongside other assets considered riskier such as stocks and oil.
Gold futures for April delivery ended $12.40, or 0.7%, lower at $1,709.80 an ounce on the Comex division of the New York Mercantile Exchange on Friday. On the week, gold was down 3.7%, off nearly $70 per ounce.
Prices give up recent gains as dollar strengthens and Mid East tension eases
Crude futures on Friday, 02 March 2012 dropped substantially at Nymex after a denial that a pipeline was attacked and as the U.S. dollar strengthened.
Light, sweet crude for April delivery fell $2.14, or 2%, to settle at $106.70 a barrel on the New York Mercantile Exchange. On the week, oil declined 2.8%, snapping a three-week string of gains that included a 6% advance the previous week. Crude prices have risen about 9.8% so far in 2012.
The market may edge lower in early trade on mostly weak Asian stocks. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 12 points at the opening bell.
Cipla said after market hours on Friday, 2 March 2012 that company has received further demand notices from the National Pharmaceutical Pricing Authority, Government of India for Rs 424.64 crore towards interest upto January 2012, on the allegedly overcharged amounts in respect of the same drugs which are subject matter of litigation in the Supreme Court of India. These demands are contrary to the orders of the Supreme Court of India and the company has received legal advice that entire amounts demanded by the Government are not tenable and sustainable, company said.