Monday, April 16, 2012
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
16/4/2012 512161 8K Miles Software RANGAWALA ASLAMBHAI YUSUFBHAI B 45000 54.46
16/4/2012 512161 8K Miles Software RUPAL PIYUSH AVLANI S 35000 54.54
16/4/2012 512161 8K Miles Software PAULOMI KETAN DOSHI S 35000 54.48
16/4/2012 531194 Brahmaputra Infra BRAHMAPUTRA FINLEASE PRIVATE LIMITED S 75000 51.60
16/4/2012 532871 CELESTIAL SUNIL AGRAWAL B 138056 26.00
16/4/2012 530337 Exelon Infra HARSHA JAIN B 100000 9.90
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
16-APR-2012,CELESTIAL,Celestial Biolabs Limited,SUNIL AGRAWAL,BUY,124000,26.14,-
16-APR-2012,IVRCLINFRA,IVRCL Limited,GENUINE STOCK BROKERS PVT LTD,BUY,1898311,70.49,-
16-APR-2012,IVRCLINFRA,IVRCL Limited,MERRILL LYNCH CAPITAL MARKETS ESPANA S.A. SVB,BUY,2125000,70.83,-
16-APR-2012,IVRCLINFRA,IVRCL Limited,PENGUIN DEALTRADE PRIVATE LIMITED,BUY,1725000,70.96,-
16-APR-2012,KFA,Kingfisher Airlines Ltd.,TRANSGLOBAL SECURITIES LTD.,BUY,4306632,20.02,-
16-APR-2012,MTEDUCARE,MT Educare Ltd,ASHISH KACHOLIA,BUY,300000,99.46,-
The Indian markets closed a volatile session on a flat note. Sensex ended up by 56 points and Nifty rose 19 points.
Major Headlines of the Day:
March Inflation at 6.89% versus 6.95% in February
RBI may cut CRR, repo by 0.25%
Tata Motors global vehicle sales up 26% in March
Castrol Q1 net profit down 10%
Tata Steel to invest in Wales over the next 5 years
Key benchmark indices settled with small gains in a lackluster trading session ahead of the Reserve Bank of India's monetary policy review for 2012-13 tomorrow, 17 April 2012. The BSE Sensex was up 56.44 points or 0.33%, up about 140 points from the day's low and off close to 20 points from the day's high. The market breadth was positive. Index heavyweight Reliance Industries (RIL) was marginally lower.
Interest rate sensitive auto, realty and banking stocks edged higher ahead of Reserve Bank of India's (RBI) monetary policy review tomorrow, 17 April 2012. Cigarette maker ITC hit record high in intraday trade today, 16 April 2012. Auto major Tata Motors hit record high on reporting good global sales figures. Infosys declined for second day after setting a weak forecast in dollar terms for the current year ending 31 March 2013 on uncertain global economic environment before market hours on Friday, 13 April 2012.
The government is working on a proposal under which Coal India Ltd would engage private sector companies to undertake mining on behalf of the public sector undertaking. (BS)
The ministry of petroleum and natural gas has opposed a proposal of Reliance Industries Ltd for an increase in the price of gas, saying that would lead to an additional burden of US$8bn on the exchequer. (BS)
NALCO is looking to set up a new aluminum smelting facility with a capacity of 0.5mn tons and 1,250-MW captive power plant in Odisha’s Sundargarh district at an investment of Rs180bn. (BL)
The Export-Import Bank of the US has approved US$80.3mn direct loan for Reliance Power’s purchase of solar power technology from American companies. (ET)
It was a Freaky Friday for the Indian market as the equity benchmarks ended the week on a negative note amid disappointing quarterly earning by the IT bellwether Infosys and below par revenue guidance.
Infosys reported Q4 FY12 consolidated net profit of Rs. 23.16bn versus Rs. 23.72bn in the preceding quarter. Infosys' consolidated revenues for Q4 FY12 stood at Rs. 88.52bn versus Rs. 92.98bn in the quarter ended Dec. 31, 2011.
The IT pack was battered today, led by Infosys. The stock was down ~12%, while TCS, Wipro and HCL Tech too were hit hard. The IT indices on the BSE and NSE were down nearly 9%.
As if the disappointment of Infosys results was not enough, the European markets slipped amid worries about the precarious financial health of debt laden Spain and Italy.
The minute one utters a certainty, the opposite comes to mind. - May Sarton.
There is no certainty on what the RBI governor will do even as the shocking IIP numbers have increased hopes of a repo rate cut on Tuesday. IIP data spooked the markets and more or less vindicated the RBI governor who has dubbed it "analytically bewildering". D. Subbarao may choose not to go with the popular sentiment in light of a string of macro-economic headwinds. The markets will of course rejoice if the RBI does lower its key lending rate. That decision in part will hinge on how the WPI data for March turns out today.
The opening today is likely to be lower due to continued selloff across global markets. US stocks notched their worst week of the year so far after consumer sentiment weakened while European indices slumped on worries about Spain's deteriorating fiscal health. Spanish stocks plunged to a three-year low. Disappointing Q1 GDP data from China added to the pain.
Prices end 0.5% lower for the week
Crude futures at Nymex declined on Friday, 13 April 2012. Prices fell in tandem with US stocks after data showing a slowdown in China prompted concerns about oil demand.
Light and sweet crude futures for delivery in May ended down 81 cents, or 0.8%, at $102.83 a barrel on the New York Mercantile Exchange. The contract trimmed some of its losses as the floor session progressed, but ended the week off 0.5%.
U.S. stocks opened lower and oil futures retreated on Friday. European stock also traded lower, led by losses for Spanish stocks after data showed bank borrowing in the country from the European Central Bank soared in March.
Trading for the week is likely to begin on a subdued note on negative Asian cues. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a fall of 23 points at the opening bell. The government will unveil data on inflation based on the wholesale price index (WPI) for March 2012 today, 16 April 2012. WPI inflation stood at 6.95% (provisional) for the month of February 2012.
Coal India may decline on reports the UK-based hedge fund The Children's Investment Fund (TCI) would initiate a legal action against state-run Coal India within a week for failing to protect the interest of minority shareholders.
Aviation stocks may advance after state-run oil marketing firms on Sunday slashed jet fuel prices by a marginal Rs 170 per kilolitre (kl).
On the first day of the week, the Indian markets may open on a negative note on the back of unsupportive global cues.
Headlines for the day:
Air India invites merchant bankers to raise $1 bn.
DGH wants Oil Min to decide on RIL-BP gas investments.
Sahara, ICICI, Bhushan Steel in fray to buy Parsvnath land.
TCI to sue Coal India within a week.
OBC cuts interest rates by up to 0.5%.
The Indian markets broke its two week gaining trend and ended the week with losses. The Sensex shut shop falling 2.24% and the Nifty dropped 2.17%.
Major news for the week:
IGL gets Rs1K cr hit from regulator
RIL falls after kotak cuts its price target
KFA pays 2nd installment to IT dept
Jhunjhunwala ups stake in Viceroy Hotels
Feb IIP at 4.1% vs 6.8% in Jan
Disappointing FY13 guidance drags Infosys