1. March 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET * 01-Mar 28-Feb % Change COMMENTARY
BSE Sensex 18,447 17,823 3.50 INDIA
NSE Nifty 5,522 5,333 3.54
BSE Midcap 6,577 6,373 3.21 We saw the Indian markets reverse sharply on the Budget Day after notching strong gains initially. That
BSE Smallcap 8,003 7,817 2.38 performance led to some skepticism about the Finance Minister's Budget proposals, especially on fiscal
Nifty Junior 10,803 10,448 3.40 deficit, spending and subsidies. But, the bulls had other ideas and even the bears had to fall in line once the
rally gathered pace on Tuesday.In the process, the BSE Sensex shot up by over 600 points for the first time
CNX Midcap 7,605 7,370 3.19
since October 2010. With Tuesday's stellar rally, the Sensex has reclaimed the 18,000 levels while the NSE
Nifty regained the 5,550 level.Bulls put up a powerful show on Tuesday with all the indices on the BSE
clocking robust gains. The Mid-Cap stocks matched their Large-Cap peers in terms of percentage gains
GLOBAL MARKETS 02-Mar 01-Mar % Change while the Small-Cap shares underperformed slightly.In terms of sectors, Autos dominated with more than
Dow Jones Ind (USA) 12,067 12,058 0.07 5% gain, followed by Banking, Capital Goods, Metals and Realty.The BSE Sensex shot up 623 points to end
Nasdaq Composite(USA) 2,748 2,737 0.39 at 18,447 and the NSE Nifty surged 189 points to close at 5,522.Even the BSE Mid-Cap and the Small-Cap
S&P 500 (USA) 1,308 1,306 0.16 index rose 3.2% and 2.5% respectively.
FTSE 100 (UK) 5,915 5,937 (0.37)
DAX (Germany) 4,034 4,067 (0.80) GLOBAL MARKETS
Nikkei 225 (Tokyo) 10,492 10,754 (2.43)
U.S. stocks rose, rebounding from yesterday’s tumble, as signs of a strengthening job market bolstered
Hang Seng (Hong Kong) 23,049 23,396 (1.48)
optimism the economy can withstand a surge in oil. The S&P 500 advanced 0.2 percent to 1,308 the third
Shanghai Comp (China) 2,914 2,920 (0.19) gain in four days. The Dow Jones Industrial Average increased 0.07 percent, to 12,067. Oil rallied 2.6 percent
KOSPI (South Korea) 1,928 1,939 (0.55) as forces loyal to Libyan leader Muammar Qaddafi counterattacked against rebels.
STI (Singapore) 3,027 3,068 (1.32)
MSCI Emerging Market 425 421 0.95 Asian markets have opened up in green Nikkei is up 0.55%.
MSCI Frontier Market 602 598 0.67
BOND MARKETS 01-Mar 28-Feb Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.08 8.08 0.00
RPP Infra Projects said that it has bagged a Rs 1,500 crore order from the government of Gabon for
1yr G-Sec Yield 7.53 7.53 0.00
construction of 10,000 housing units over three years.
LIBOR (6m) 0.46 0.46 0.00
LIBOR (1m) 0.25 0.26 (0.01) Power equipment maker Bharat Heavy Electricals (BHEL) said on Tuesday it has won an order worth Rs
Interbank Call rate 7.0 6.9 0.01 3,220 crore related to a thermal power project in West Bengal.
In a setback to Coal India's (CIL) investment plans for the next fiscal, the government has scaled down
the capital expenditure target of the company by almost 57% to Rs 4,220 crore for 2011-12.
BSE Turnover Rs Cr('000) Sensex
18600 3.7 Auto-maker Tata Motors on Tuesday reported a 11.69% increase in sales during February to 77,543 units
18400 3.6 from 69,427 units in the same month of 2010.The homegrown firm's total passenger vehicles sales in the
3.5 domestic market stood at 31,909 units in February, an 18.25% increase from 26,985 units in the same
18200 3.4
18000 month last year.
3.3
17800 3.2
The country's largest car-maker Maruti Suzuki India on Tuesday reported a 15.51% jump in sales during
17600 3.1
3.0 February, 2011, to 1,11,645 units.Sales in the same month last year stood at 96,650 units.
17400 2.9
17200 2.8 Confidence Petroleum India Ltd has announced that Hindustan Petroleum Corporation Ltd. has
23-Feb 24-Feb 25-Feb 28-Feb 1-Mar awarded the LPG Bottling contract on Company's subsidiary EnnEnn LPG Bottling Company (A unit of
Chattisgarh Gas Point Bottling Pvt. Ltd.) for providing LPG Bottling assistance through the Koraput LPG
Bottling Plant. The Company's bottling capacity will increase substantially with the award of this contract.
Gujarat Gas Company Ltd. reported its Q3FY11 results where the Profit after Tax (PAT) was Rs. 825
5550 NSE Turnover Rs Cr('000) Nifty
20 million as compared to Rs. 462 million in the corresponding quarter in the previous year and the net sales
5500 of Rs. 5,043 million, as compared to Rs. 3,779 million in the corresponding quarter of the previous year.
5450 15 The total volume of gas sold during the quarter was 309 mmscm compared to 274 mmscm in the
5400 corresponding period of the previous year.
5350 88.38 #DIV/0!
10
5300 Bosch, supplier of technology and services in automotive, industrial and consumer goods, on Tuesday
5250 said it plans to invest more than Rs 1,300 crore over three years and expected its capex to touch Rs 400
5200 5 crore mark by 2011 end.
5150
5100 0 Tyre maker Michelin yesterday said it will raise the prices of its entire range of products in the country by
23-Feb 24-Feb 25-Feb 28-Feb 1-Mar up to 12% with effect from April 1, 2011, on account of high input costs.
US-based IT firm iGate said that it has bagged a five-year Federal GSA Schedule IT contract.
`

2. March 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 01-Mar 28-Feb % Change CORPORATE NEWS
Auto 8,718 8,253 5.64 Automobile sales in India continued to race ahead in February 2011 despite a
Bankex 12,355 11,840 4.35 string of headwinds confronting the industry in the form of hardening interest
Realty 2,065 1,982 4.20 rates, spiraling inflation, rising fuel prices and costlier vehicles.
Cg 12,919 12,400 4.19 In two-wheelers, TVS Motor has clocked impressive volumes for February while in
Metal 15,983 15,349 4.13 four-wheelers Maruti and Mahindra have topped the charts. Tata Motors too has
Hc 5,896 5,718 3.11 registered decent volumes, with Nano sales doubling year on year. MNC automakers
Psu 8,628 8,381 2.95 also recorded strong numbers for the month under review, with Ford India nearly
2.43 tripling its sales.
Oil&Gas 9,690 9,459
Automakers sold 184,332 vehicles in January, up 26.3% from a year ago. Vehicle sales
Power 2,584 2,523 2.40
in India, one of the fastest growing auto markets in the world, grew by 31% in 2010 on
It 6,251 6,107 2.37 the back of a rapidly growing economy and higher incomes.
Teck 3,657 3,573 2.36
Fmcg 3,513 3,432 2.34 Mahindra & Mahindra Ltd. (M&M Ltd.), a part of the US$7.1 billion Mahindra
Cd 5,728 5,632 1.71 Group, announced a 20% rise in its auto sales numbers, which stood at 33378 units
during February 2011 as against 27894 units during February 2010.The company’s
domestic sales stood at 31967 units during February 2011, as against 26580 units
during February 2010, an increase of 20%.
Hotel Leelaventure reports that the company plans to raise Rs. 950 crore by
developing residential projects in Pune, Bangalore and Hyderabad and selling a
BSE Upper Circuit Breakers property in Chennai.
Company Name 01-Mar 28-Feb % Change
JB Chemicals 132.7 110.6 20.00 Media firm Zee Entertainment Enterprises is expanding its online offerings as it
Shree Bhawani Paper 9.3 7.8 20.00 targets global sales of up to $100 million in the next 3-5 years from its digital media
OMDC 47,674.4 43,340.3 10.00 business.
SpiceJet 41.8 38.0 10.00 0
Prithvi Software 15.4 14.0 10.00 State-run Union Bank of India said on Tuesday its board will meet on March 5 to
consider share allotment to the government on a preferential basis.
The government will infuse capital in public sector banks, in which it holds less than
58%, it added.
Power Finance Corporation (PFC) is targeting 26% growth at Rs 33,000 crore in
disbursement for the current fiscal.
BSE Lower Circuit Breakers
Company Name 01-Mar 28-Feb % Change State Bank of India received subscriptions for Rs 8,580 crore for a bond sale, or more
Wires & Fabriks 89.1 99.0 (10.00) than 8.5 times the minimum on offer.
Polytex 160.7 169.2 (5.00)
State-owned Indian Oil Corp (IOC) said that it is losing about Rs 3 on the sale of
Paternal Drug 184.5 194.2 (5.00)
every litre of petrol, but will decide on raising prices at an "appropriate" time.
Fussion Fittings 95.4 100.4 (5.00)
Bright Brothers 55.1 58.0 (5.00) Shares of drugmaker Strides Arcolab rose more than 19% on Tuesday after the
company said it received USFDA approval to manufacture vancomycin injections at its
new facility in Bangalore.
Ranbaxy Laboratories Ltd, controlled by Japan's Daiichi Sankyo, will market four of
the parent's drugs in Singapore, the companies said on Tuesday.
Ambuja Cements Ltd, said on Tuesday shipments in February rose 5% from a year
ago to 1.77 million tonnes.The company, in which Swiss cement maker Holcim holds
about 46%, said production in February rose to 1.79 million tonnes from 1.68 million
tonnes a year earlier.
COMMODITY 01-Mar 28-Feb % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 102.7 100.4 2.27
Gold (Rs/10gm) 21,060.0 20,947.0 0.54
Silver (Rs/kg) 51,360.0 50,108.0 2.50 Light Sweet Crude Oil on Wednesday gained 2.27% closing at $102.7 per barrel. Gold
closed up 0.54% at Rs 21,060 and Silver closed up by 2.50 % at Rs 51,360.
CURRENCY 01-Mar 28-Feb % Change The Indian Rupee closed higher against the dollar at Rs 45.27 as the Indian equity
INR / USD 45.27 45.33 (0.13) benchmarks ended on positive note.
USD / Euro 1.38 1.37 0.73
Yen / USD 81.90 81.75 0.18

3. March 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
GTOFFSHORE 241.1 244.5 1.39 The world's largest chip-maker, Intel Corp, yesterday announced the completion of its
RUCHISOYA 104.2 105.5 1.25 $7.68 billion acquisition of security software company McAfee.
DCHL 60.4 61.2 1.24
PATELENG 152.6 154.4 1.18 The government yesterday said soaring international foodgrain prices are not likely to
LITL 39.3 39.7 1.15 have any impact on domestic rates as the requirement of import of vital foodgrain
HCC 35.3 35.7 1.13 items like wheat and rice is almost zero.
COREPROTEC 311.3 287.9 (7.52)
Worried over the rising current account deficit, the government yesterday said that it is
ACC 982.2 951.6 (3.12)
providing incentives to exporters to encourage overseas shipment to bridge the rising
NATIONALUM 428.2 419.5 (2.04) gap.
INDIAINFO 79.2 77.8 (1.71)
PIRHEALTH 459.4 452.4 (1.52) Tata Housing Development Company said that it would invest up to Rs 3,000 crore next
SUNTV 413.1 407.8 (1.28) fiscal to develop affordable homes across the country.
INSTITUTIONAL ACTIVITY (Rs Cr) 23-Feb 22-Feb YTD
FII Cash Net (13) 92 (5,041)
FII Stock Futures (8,765) 7 4,620
FII Index Futures (328) (1,129) (5,058)
Mutual Fund 314 203 1,652
VALUATIONS P/E P/B DIV YLD
BSE 20.1 3.5 1.1
NSE 21.4 3.5 1.1
BSE500 Mcap/GDP Ratio 0.60
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Mahindra & Mahindra 665.5 8.36 Strides Arco 357.75 15.53 JB Chemicals 132.65 19.99
Maruti Suzuki 1292.9 7.14 United Brew 467.45 15.39 KRBL 25.4 19.53
Jaiprakash Asso 83.0 7.1 Glenmark Pharma 287.3 14.1 Kama Holdings 444.9 14.02
NTPC 180.8 6.32 TVS Motor 56.35 11.03 Hinduja Found 92 13.37
Hindalco Inds 212.4 5.78 Gujarat Gas 374.55 10.31 Force Motors 800.3 12.25
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
- - - Shoppers Stop 341 -3.92 Surana Inds 260 -8.55
- - - Kirloskar Bros 130.15 -3.2 EIH Associated 154 -6.67
- - - REI Agro 28.05 -2.6 Parrys Sugar 128 -6.54
- - - KGN Inds 143 -2.05 Emami Paper 47.5 -5.28
- - - Bajaj Corp 502.6 -1.9 Hinduja Vent 250.35 -5.21
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Nu Tek India Trans Financial Resources Ltd BUY 3.23% 17.6
Emami Infrastructure Crosseas Capital Services Pvt. Ltd. BUY 2.45% 47.6
Kalindee Rail Nirman (Eng Crosseas Capital Services Pvt. Ltd. BUY 3.60% 197.5
Subex Manish Vrajlal Sarvaiya SELL 1.23% 84.0
Fiem Industries Fiem Industries Limited SELL 2.57% 176.0
BSE
Birla Shloka Philipa John Dmello SELL 1.28% 15.7
Kalindi Rail Deepak Popatlal Vora BUY 0.65% 126.5
Marico Oppenheimer International Value Fd BUY 3.35% 114.0
Dhanus Tech Grantview Properties SELL 2.30% 11.4
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0