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Tuesday, September 25, 2012

Sensex struggles to a flat close…Metals fall, FMCG gain

The main Indian equity benchmarks ended with slender gains on Tuesday at the end of another rangebound session, as market participants continued to be cautious after pushing the BSE Sensex to 14-month high recently. Earlier, the main Indian indices had opened with a slightly positive gap, outperforming other Asian peers as the Government continued to take important policy measures aimed at restoring business confidence in a slowing economy. Shares of select power-related companies gained after the Cabinet on Monday unveiled steps to address the power sector's long-standing problems.

BSE Bulk Deals to Watch - Sep 25 2012

Deal Date Scrip Code Company Client Name Deal Type * Quantity Price ** 25/9/2012 524412 Aarey Drugs DEEPIKA JASMIN SHAH B 161668 48.99 25/9/2012 524412 Aarey Drugs DEEPIKA JASMIN SHAH S 186200 48.36 25/9/2012 524412 Aarey Drugs AJITKUMAR JOGENDARPRASAD SINGH S 90301 49.87 25/9/2012 531568 Ashutosh Paper NIKHIL BANSAL S 60000 42.50 25/9/2012 506285 Bayer Crop BILAG INDUSTRIES PRIVATE LIMITED B 5982948 1002.85 25/9/2012 506285 Bayer Crop BAYER CROPSCIENCE AKTIENGESELLSCHAFT S 4082948 1002.85

Markets end with modest gains

Indian stocks rose marginally higher with no major action on the D street owing to profit booking and selling pressure backed by subdued global cues Sensex rose 21 points and the Nifty gained 4 points in today's trade. Major Headlines of the day: 3 oil cos’ bid $5 billion for ConocoPhillips oil assets IFCI sells shares of Ansal Properties Banks to meet KFA on Sept 27 to discuss plan of action FDI up 60% to $1.76 bn in July United Spirits confirms in talks with Diageo; stk up over 4%

Market ekes out small gains

Key benchmark indices eked out small gains as index heavyweights ITC and Reliance Industries (RIL) edged higher. The barometer index, BSE Sensex, advanced 21.07 points or 0.11%, up about 58 points from the day's low and off close to 96 points from the day's high. Data showing that foreign funds remained net buyers of Indian stocks on Monday, 24 September 2012, underpinned sentiment. The market breadth was positive. BSE Small-Cap and Mid-Cap indices both outperformed the Sensex. The Sensex has gained 1,264.85 points or 7.26% in this month so far (till 25 September 2012). The Sensex has jumped 3,239.49 points or 20.96% in calendar 2012 so far (till 25 September 2012). From a 52-week high of 18,866.87 on 21 September 2012, the Sensex has fallen 172.46 points or 0.91%. From a 52-week low of 15,135.86 on 20 December 2011, the Sensex has risen 3,558.55 points or 23.51%.