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Domestic Markets Snapshot
Name of Index Jan 27 Jan 30 Change (%)
Sensex 17,233.98 16,863.30 -2.15%
CNX Nifty 5,204.70 5,087.30 -2.26%
BSE Mid-cap 5,872.36 5,756.98 -1.96%
BSE IT 5,721.74 5,689.03 -0.57%
BSE Banks 11,282.33 10,969.09 -2.78%
FII Activity (`Cr)
Date Buy Sell Net
27-Jan 4,096 2,732 1364
25-Jan 3,891 2,718 1172
Total Jan 46,911 36,388 10524
2012 YTD 46,911 36,388 10524
MF Activity (`Cr)
Date Buy Sell Net
27-Jan 545 827 -281
25-Jan 584 793 -209
Total Jan 9,271 10,839 -1568
2012 YTD 9,271 10,839 -1568
Volume & Advances / Declines
NSE BSE
Trading Volume (Cr) 75.80 26.66
Turnover (`Cr) 11,784 2,475
Advances 415 997
Declines 1,086 1,820
Unchanged 60 98
Total 1,561 2,915
Global Markets
Index Latest Values Change (%)
DJIA 12,653.72 -0.1%
NASDAQ 2,811.94 -0.2%
Nikkei * 8,827.38 0.4%
Hang Seng * 20,333.46 0.9%
* as of 8.25AM IST
Currencies / Commodities Snapshot
Latest
Quote
Previous
Close
Indian Rupee per $ 49.65 49.39
Indian Rupee per € 65.48 65.30
NYMEX Crude Oil($/bbl) 99.40 98.78
Gold ($/oz) 1,736.60 1,731.00
Silver ($/oz) 33.60 33.50
Views on markets today
• Indian markets snapped six days winning streak and
slumped more than 2% yesterday as the global sell-off
on account of caution ahead of European Union
Summit tempted investors to book profits. European
markets were also down as worries about debt swap
talks between Greece and its private creditors
continued to weigh on investor sentiment before
European Union summit about the region's debt crisis.
Indian markets opened lower tracking weak Asian
stocks after the US economy posted disappointing
GDP numbers. All sectoral indices closed on negative
note with capital goods, power, real estate and metal
stocks were major losers. IT stocks turned negative
after the rupee dropped sharply against dollar, as
foreign investors sold equities on rising worries over
Greek debt issue. Global sell-off pulled down the metal
and mining stocks, led mostly by Sterlite Industries
and Hindalco, lost 6% and 4.8%, respectively. Heavy
equipment maker BHEL plunged over 10% as order
inflows in the third quarter tuned negative after many
years. The company witnessed order cancellations of
`5,800Cr during the third quarter ending December
2011 which resulted in a negative order inflow of
`3,500Cr for the third quarter. Havells India gained
3.44% after reporting higher-than-expected profit for
its fiscal third quarter while Jyoti Structures fell 7.6%
after the company posted slower-than-expected sales
growth in third quarter. Hatsun Agro Product rose
7.6% after the company said its board will meet on
February 13 to consider a bonus share issue and a
special interim dividend.
• Market breadth was weak at ~0.55x as investors sold
large cap stocks. On provisional basis, both FIIs and
domestic institutions sold equities worth `2.02bn and
`5.34bn, respectively.
• Asian stocks are positive today, after the US markets
posted a late night recovery.
• We expect a positive opening for the Indian markets
today, following the cues from the Asian markets.
Economic and Corporate Developments
• The eight core industries grew by 3.1% in December
mainly due to slackening output of crude oil, steel and
natural gas.
India Morning Note
Tuesday, January 31, 2012

2. K E Y N O T E
INSTITUTIONAL RESEARCH
Keynote Capitals Institutional Research (research@keynotecapitals.net) (+9122-30266000)
TOP GAINERS
(BSE A-Group)
Company Name
Previous
Close(`)
Current
Price(`)
Change
(%)
Hindustan Copp 278.65 299.40 7.45
JUBL FOOD 855.85 904.20 5.65
MMTC 833.25 870.40 4.46
Rashtriya Chem 63.45 65.85 3.78
JSW ENERGY 52.95 54.85 3.59
(BSE Mid-Cap)
Company Name
Previous
Close(`)
Current
Price(`)
Change
(%)
National Fert 76.90 82.05 6.70
JUBL FOOD 855.85 904.20 5.65
HMT 41.35 43.50 5.20
Honeywell Auto 2221.65 2337.00 5.19
KSK Energy 54.25 56.95 4.98
TOP LOSERS
(BSE A-Group)
Company Name
Previous
Close(`)
Current
Price(`)
Change
(%)
BHEL 273.65 245.15 -10.41
Jain Irrigation 104.00 94.45 -9.18
REC 198.25 182.85 -7.77
Suzlon Energy 28.55 26.35 -7.71
Crompton Greav 144.30 133.30 -7.62
(BSE Mid-Cap)
Company Name
Previous
Close(`)
Current
Price(`)
Change
(%)
Jain Irrigation 104.00 94.45 -9.18
India Infoline 55.95 51.40 -8.13
BGR Energy 246.35 226.35 -8.12
Suzlon Energy 28.55 26.35 -7.71
Hotel Leela 35.60 33.00 -7.30
Buzzing Stocks
• Starbucks Coffee Company entered into an
agreement with Tata Coffee Ltd to source and roast
coffee arabica beans in India, it has formed a joint
venture (JV) with Tata Global Beverages (TGB), the
parent of Tata Coffee, to roll out its cafes
nationwide.
• Suzlon announced fresh orders of 80 megawatts
(Mw) in India, and a total of 189 Mw of orders in
Brazil and US, over a period of one month, excluding
orders announced separately. The cumulative orders
are valued at approximately `2,000Cr.
• Bharat Heavy Electricals Limited (BHEL) is planning
to commission its piping plant in Thirumayam in April
this year, even as it is modernising its seamless steel
tubes plant at Thiruchirappalli (Trichy) with an outlay
of `160Cr.
• Coal India Ltd’s plan to strike a long-term coal
offtake deal is now on the backburner. It is now
compelled to drop the plans as most of the
consumers were unwilling to accept the offers.
• The government has approved capital infusion of
`7,900Cr in SBI.
US markets
U.S. stocks closed with moderate losses as
telecommunications and technology stocks advanced,
offsetting concern that came with Portugal’s soaring
borrowing costs.
The Dow Jones Industrial Average closed down 6.74
points, or less than 0.1%, to 12,653.72. The S&P 500
Index declined 3.32 points, or 0.3%, to 1,313.01. The
Nasdaq 100 turned higher to close up 3.55 points, or
0.1%, to 2,465.32.

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