K E Y N O T E INSTITUTIONAL RESEARCHIndia Morning NoteMonday, January 9, 2012Domestic Markets Snapshot Views on markets today Name of Index Jan 6 Jan 7 Change (%) • Indian markets fell 0.12%, with financial stocks leading Sensex 15,867.73 15,848.80 -0.12% the losses, in choppy trade during a special trading CNX Nifty 4,754.10 4,746.90 -0.15% session on Saturday that saw low institutional BSE Mid-cap 5,259.24 5,297.62 0.73% participation. The stock markets were open for one- BSE IT 5,878.21 5,887.62 0.16% and-a-half hours on Saturday because the National BSE Banks 9,736.04 9,704.22 -0.33% Stock Exchange was upgrading its futures and options trading system infrastructure to improve processingFII Activity (`Cr) capability and handle increased activities. Fertiliser Date Buy Sell Net stocks got a boost after news channel ET NOW cited 5-Jan 2,248 1,699 549 the junior minister for fertiliser as saying that the 4-Jan 1,840 1,583 257 government would unveil a plan to help urea Total Jan 5,917 4,824 1093 manufacturers and boost investment in the urea 2012 YTD 5,917 4,824 1093 industry. State-run Rashtriya Chemicals & FertilisersMF Activity (`Cr) jumped 16% after the ministers comments. Chambal Fertilisers and Tata Chemicals also rose 6.4% and 3%. Date Buy Sell Net Airlines rose after the Economic Times reported the 5-Jan 411 469 -58 civil aviation ministry is likely to drop its opposition to 4-Jan 395 527 -132 higher investment by foreign airlines in domestic Total Jan 1531 1461 70 carriers, a move that would come as a lifeline to 2012 YTD 1,531 1,461 70 Indias struggling airlines. The downward movementVolume & Advances / Declines was mainly led by selling pressure in bank, FMCG, oil NSE BSE & gas and auto stocks while real estate, consumer durables, capital goods and power stocks witnessed Trading Volume (Cr) 9.05 4.64 some buying activities which help the markets to Turnover (`Cr) 1095 366 recover from day low. Engineering conglomerate Advances 930 1,570 Jaiprakash Associates fell about 2.5% after the Indian Declines 380 652 capital market regulator fined top executives, Unchanged 52 84 including its chairman, for insider trading in the Total 1,362 2,306 companys stocks in 2008.Global Markets • Market breadth was however strong at ~2.41x as Index Latest Values Change (%) investors bought large cap stocks Both FIIs and DJIA 12,359.92 -0.4% domestic institutions sold equities worth `0.28bn and NASDAQ 2,674.22 0.2% `0.07bn, respectively. Nikkei * 8,390.35 -1.2% • Asian shares declined on Monday, as concerns about Hang Seng * 18,471.79 -0.7% Europe rose after the euro hovered around 2010 lows.* as of 8.25AM IST • We expect a weak opening for the Indian markets,Currencies / Commodities Snapshot following the cues from the Asian markets. Concerns Latest Previous that Indian prime minister expressed about slow Quote Close growth of Indian economy may dampen the Indian Rupee per $ 52.72 52.73 sentiments. Indian Rupee per € 66.91 67.08 Economic and Corporate Developments NYMEX Crude Oil($/bbl) 101.03 101.56 Gold ($/oz) 1,611.00 1,616.10 • Indias Prime Minister Dr. Manmohan Singh expressed Silver ($/oz) 28.85 28.67 concerns about Indias slowing economy which he expects will rose by around 7%.Keynote Capitals Institutional Research (firstname.lastname@example.org) (+9122-30266000) Keynote Capitals Institutional Research is also available onBloomberg KNTE <GO>, Thomson One Analytics, Reuters Knowledge, Capital IQ, TheMarkets.com and securities.com Keynote Capitals Institutional Research - winner of “India’s Best IPO Analyst Award 2009” by MCX-Zee Business To unsubscribe from this mailing list, please reply to email@example.com
K E Y N O T E INSTITUTIONAL RESEARCHTOP GAINERS Buzzing Stocks(BSE A-Group) • National Thermal Power Corposration (NTPC) plans Previous Current Change to foray into power distribution across the country in Company Name Close(`) Price(`) (%) a big way. Rashtriya Chem 56.45 65.55 16.12 • Kingfisher Airlines is downsizing. Over the next few MMTC 826.70 895.65 8.34 months, the airline may cut its fleet from the Hindustan Copp 270.90 291.70 7.68 existing 64 planes as it struggles to stay afloat. Engineers India 224.30 240.95 7.42 • AV Birla Group eyes Lafarges S-Africa biz. Shree Chambal Fert 79.00 84.05 6.39 Cement may join race; units in 3 more African(BSE Mid-Cap) countries may be sold. Previous Current Change • Apollo Pharmacy, the retail pharmacy chain under Company Name Close(`) Price(`) (%) Apollo Hospitals Enterprise Ltd, is looking to grow its National Fert 67.65 81.15 19.96 private label business by expanding its product Rashtriya Chem 56.45 65.55 16.12 portfolio with 35 more health and wellness products HMT 37.10 41.60 12.13 soon. The company also plans to add generic Gujarat Narm Val 78.30 84.35 7.73 medicine portfolio to the product basket in the near Shoppers Stop 278.60 297.80 6.89 future. • Jaiprakash Associates chairman Manoj Gaur willTOP LOSERS move the Securities Appellate Tribunal (SAT)(BSE A-Group) challenging market regulator Securities and Exchange Board of Indias (Sebis) order, penalising Previous Current Change Company Name him and his family for insider trading. Close(`) Price(`) (%) Jaiprakash Asso 53.15 51.90 -2.35 US markets CRISIL 862.70 851.10 -1.34 U.S. stocks mostly declined Friday, cutting into weekly Motherson Sumi 137.70 136.00 -1.23 gains, as investors measured further evidence of an Syndicate Bank 77.00 76.10 -1.17 improving labor market against Europe’s troubles, EIH 86.10 85.30 -0.93 illustrated by the euro’s decline.(BSE Mid-Cap) The Dow Jones Industrial Average closed down 55.78 points, or 0.5%, to 12,359.92. The S&P 500 Index fell Previous Current Change Company Name 3.25 points, or 0.3%, to 1,277.81. The Nasdaq Close(`) Price(`) (%) Shri Ganesh Spi 0.53 0.51 -3.77 Composite bucked the trend, closing up 4.36 points, or Kwality Dairy 38.60 37.40 -3.11 0.2%, to 2,674.22. Tube Invest 115.60 113.00 -2.25 Mindtree 429.00 421.00 -1.86 S Mobility 82.00 80.60 -1.71Keynote Capitals Institutional Research (firstname.lastname@example.org) (+9122-30266000)
K E Y N O T E INSTIT UT IONAL R ES EAR C H India and Global Economic Calendar Countries / Monday Tuesday Wednesday Thursday Regions 9/Jan 10/Jan 11/Jan 12/Jan India Weekly Inflation Data US Consumer Credit Job Openings MBA mortgage Retail sales data for November Applications Wholesale Beige Book Initial jobless claims Inventories IBD/TIPP Economic Optimism for Jan Global Germany Trade UK BRC Retail Sales Japan Economic UK industrial Balance (Nov) Monitor - All (YoY) Index production (Dec) Germany Industrial UK RICS Housing Germanys GDP data UK Manufacturing Production (Nov) Price Balance (Dec) Production UK trade balance ECB and BoE data non EU Interest Rate Decision KEYNOTE CAPITALS LTD. 4th Floor, Balmer Lawrie Building, 5, J. N. Heredia Marg, Ballard Estate, Mumbai 400 001. INDIA Tel. : 9122-2269 4322 / 24 / 25 • www.keynotecapitals.comDisclaimer: This report is purely for information purpose and is based on public information. News content is attributable tovarious media, unless specified otherwise. All market related statistical data pertains to the immediately preceding trading day,unless stated otherwise. Neither the information nor any opinion expressed in this report constitutes an offer, or an invitation tomake an offer, to buy or sell the securities mentioned herein. We or any of our directors, officers or employees shall not in anyway be responsible for any loss arising from the use of this report. Investors are advised to apply their own judgment beforeacting on the contents of this report. The report has not been edited due to time constraints.