1. April 29, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 28-Apr 27-Apr % Change COMMENTARY
BSE Sensex 19,292 19,448 (0.80) INDIA
NSE Nifty 5,785 5,833 (0.82) Indian equities continued their southbound journey on Thursday as concerns about rising inflation and
BSE Midcap 7,168 7,238 (0.96) possible rate hike next week offset the positive vibes emanating from the global markets. In the process, the
BSE Smallcap 8,854 8,897 (0.48) Indian market ignored the Federal Reserve's move to maintain the monetary stimulus for an extended period
Nifty Junior 11,521 11,598 (0.66) and the mostly benign commentary from Fed chairman Ben S Bernanke. The benchmark indices started
CNX Midcap 8,278 8,338 (0.72) higher but could not hold on to the early gains and stayed in the red throughout the morning trade. The
selling started getting worse in the afternoon trade and accelerated slightly towards the close. The BSE
Sensex closed at 19,292, down 157 points or 0.8% over the previous close. The NSE Nifty finished at 5,785,
GLOBAL MARKETS 28-Apr 27-Apr % Change down 48 points or 0.8% from the last close. The BSE Small-Cap index was down 0.5% while the BSE Mid-Cap
index finished 1% lower.
Dow Jones Ind (USA) 12,764 12,691 0.57
Nasdaq Composite(USA) 2,873 2,870 0.10 The market breadth was negative. Out of 2,991 stocks traded on the BSE, there were 1,099 advancing stocks
S&P 500 (USA) 1,360 1,356 0.36 as against 1,786 declines.
FTSE 100 (UK) 6,079 6,068 0.18
DAX (Germany) 7,475 7,404 0.96
Nikkei 225 (Tokyo) 9,850 9,691 1.64 GLOBAL MARKETS
Hang Seng (Hong Kong) 23,806 23,892 (0.36) U.S. stocks rose to multi-year highs on Thursday, as investors dismissed a series of mixed earnings reports as
Shanghai Comp (China) 2,888 2,925 (1.28) well as disappointing economic news.The Dow Jones industrial average (INDU) rose 72 points, or 0.6%; to
KOSPI (South Korea) 2,208 2,206 0.11 close at 12,764. S&P 500 (SPX) rose 5 points, or 0.4%, to 1,360; and the Nasdaq Composite (COMP) rose a
modest 3 points, or 0.1%, to 2,873.Both the Dow and the S&P 500 ended at levels not seen since May 2008
STI (Singapore) 3,185 3,182 0.09
MSCI Emerging Market 458 458 0.00 Asian markets have opened negative as Hang Seng is down by a quarter percent and Shanghai is marginally
MSCI Frontier Market 572 570 0.35 negative. Nikkei is shut today.
BOND MARKETS 28-Apr 27-Apr Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.10 8.09 0.01 LIC Housing Finance Ltd. posted a net profit of Rs 314.77 crore for the fourth quarter ended March 31, up
1yr G-Sec Yield 7.76 7.76 0.00 47% compared to Rs 213.51 crore in the same period a year ago.The total income has increased to Rs
LIBOR (6m) 0.46 0.46 0.00 1,391.92 crore from Rs 967.74 crore for the corresponding quarter in the previous year, a growth of 44%.
LIBOR (1m) 0.26 0.26 0.00
Interbank Call rate 6.9 7.0 (0.10) Hexaware Technologies posted a net profit of Rs 53.8 crore for the first quarter ended March, 2011, up by
367% from 11.55 crore in the corresponding quarter a year ago, according to a release sent to Bombay
Stock Exchange (BSE).The net sales for the March, 2011 quarter have increased by 6.3% to Rs 318.5 crore
from Rs 299.6 crore in the previous quarter the same year.
BSE Turnover Rs Cr('000) Sensex
19700 4.0 Banking and insurance software provider Polaris Software Lab Ltd reported a 26% growth in
3.5 consolidated net profit for the Jan-March quarter, helped by growth in its products business.
19600
3.0
19500 2.5 Biotechnology major Biocon reported a growth of 25.04 per cent in consolidated net profit to Rs 100.81
crore for the fourth quarter ended March 31, 2011.The company had posted a net profit of Rs 80.62 crore
19400 2.0
for the same period last year.
19300 1.5
1.0 BPO services provider Firstsource Solutions reported a growth of 7.30% in consolidated net profit to Rs
19200 0.5 38 crore for the fourth quarter ended March 31, 2011.The company registered a net profit of Rs 35 crore in
19100 0.0 the same period last year.
21-Apr 25-Apr 26-Apr 27-Apr 28-Apr
Bank of Baroda has posted its consolidated net profit for the fourth quarter ended March 2011 at Rs 1,294
crore, up 42.8% from Rs 906 crore in the corresponding quarter a year ago.Net interest income (NII) for the
quarter ended March, 2011 rose by 49.7% at Rs 2,613 crore from Rs 1,745 crore in the same quarter a year
NSE Turnover Rs Cr('000) Nifty ago. Additionally it is planning to increase the number of overseas branches to 100 in FY12 from 85 now.
5900 18
5880 16 Country's largest private sector lender ICICI Bank reported a 16.85% rise in consolidated net profit to Rs
5860 14 1,567.93 crore for the quarter ended March 31, 2011.The bank's net profit stood at Rs 1,341.8 crore in the
5840 12 corresponding period of the previous fiscal.
5820 88.38 #DIV/0!
10
5800 8
5780 6 IT firm HCL Infosystems reported a decline of 11.2% in consolidated net profit at Rs 53.28 crore for the
5760 4 quarter ended March 31, 2011.The company had a net profit of Rs 60 crore in the same period last year.
5740 2
5720 0
21-Apr 25-Apr 26-Apr 27-Apr 28-Apr

2. April 29, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 28-Apr 27-Apr % Change CORPORATE NEWS
HC 6,195 6,199 -0.08% Indian biotechnology firm Biocon's Chairwoman Kiran Mazumdar-Shaw said on
OIL&GAS 10,006 10,046 -0.39% Thursday the total value of consideration for its divestment of German unit AxiCorp
CD 6,477 6,508 -0.47% was $58.2 million (40 million euros). Biocon roughly met estimates with a 25% rise in
PSU 9,166 9,214 -0.52% the fourth-quarter net profit.
AUTO 9,607 9,663 -0.58%
POWER 2,685 2,704 -0.70% The Sajjan Jindal-led JSW Energy has lined up a Rs 3,000 crore capex for this fiscal
BANKEX 13,311 13,423 -0.83% and hopes to achieve financial closure for three projects during FY12.
FMCG 3,722 3,757 -0.92%
The IPO of Future Ventures Ltd. has been subscribed 1.49 times as of the end of
TECk 3,728 3,763 -0.93% Tuesday. The IPO has received bids for 1117755000 shares as against total issue size of
CG 13,402 13,546 -1.06% 750,000,000 shares.
IT 6,161 6,231 -1.12%
METAL 16,388 16,587 -1.20% State-run lender Vijaya Bank posted a two-fold jump in net profit at Rs 130.92 crore
REALTY 2,240 2,310 -3.03% for the March quarter of the 2010-11 fiscal.
The bank had a net profit of Rs 54.23 crore in the corresponding quarter of the
previous fiscal
Textile and apparel manufacturer Raymond Ltd is targeting the low-priced fabric
segment of the garments market to boost sales volumes.
BSE Upper Circuit Breakers ICICI Bank, India's second-largest lender, expects credit growth of at least 20% in
Company Name 28-Apr 27-Apr % Change fiscal 2012.
Vadilal Enterprises 162.1 135.1 20.00
Nitin Fire 94.0 78.4 20.00 Pipavav Shipyard said it has signed an agreement with UK-based Babcock group to
Comp-U-Tech 13.2 12.0 10.00 jointly build aircraft carriers for the Indian Navy.
Bombay Oxygen 7,071.8 6,735.1 5.00 0
Farry Inds 26.3 25.0 5.00 Sajjan Jindal-promoted JSW Energy posted a consolidated net profit of Rs 841.82
crore for the year 2010-11, up by 13% compared to Rs 745.49 crore last fiscal.Total
income for the year rose 82% to Rs 4,294.37 crore, compared with a total income of Rs
2,365.49 crore. The fuel cost rose to Rs 2,372.13 crore from Rs 982.88 crore yoy.
HCL Infosystems Ltd posted a 11% decline in net profit in Jan-March, trailing
estimates, as the computer-maker said it failed to convert backlog into sales at its
BSE Lower Circuit Breakers system integration (SI) business and expected the trend to continue.
Company Name 28-Apr 27-Apr % Change
Real Stripes 80.9 89.9 (10.00) Piramal Glass said its consolidated net profit surged nearly three-fold to Rs 32.71
Lee & Nee Softwares 16.7 17.6 (5.00) crore for the fourth quarter ended March 31, 2011, over the same period previous
Arrow Securities 8.8 9.2 (5.00) fiscal.The company's net sales rose to Rs 328.86 crore for the fourth quarter ended
Chandni Textiles 51.5 54.2 (5.00) March 31, 2011, compared to Rs 283.55 crore in the same period last fiscal.
Axtel Industries 16.8 17.7 (5.00)
Telecom service provider Idea Cellular said it has enrolled one million third
generation (3G) users within the first month of launch in India.
Powersoft GlobalSolutions Ltd has received orders of Rs. 300 lakhs for its RFID
solution for the SME sector.
Electrical equipment maker Crompton Greaves Ltd (CGL) said its consolidated net
profit declined 17.97% to Rs 251.43 crore for the fourth quarter ended March 31, over
Q4 of last fiscal.However, the company's net sales increased to Rs 2,908.03 crore in Q4,
compared to Rs 2,507.89 crore in 2009-10,
COMMODITY 28-Apr 27-Apr % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 125 125 (0.32)
Gold (Rs/10gm) 22,290 21,960 1.50 Brent Crude Oil lost 0.32% and closed at $124.73 per barrel. Gold closed up by 1.50% at
Rs 22,290 and silver closed up by 6.62% at Rs 71,409.
Silver (Rs/kg) 71,409 66,973 6.62
The Indian Rupee closed higher against the dollar at Rs 44.44 as the Indian equity
CURRENCY 28-Apr 27-Apr % Change benchmarks ended on a negative note.
INR / USD 44.44 44.47 (0.07)
USD / Euro 1.48 1.47 0.93
Yen / USD 81.71 82.29 (0.70)

3. April 29, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
TV-18 82.3 83.5 1.40 Food inflation went up to 8.76% for the week ended April 16, raising fears of another
Glaxo 2200.2 2,229.0 1.31 hike in the key policy rates by the Reserve Bank in its annual policy to be announced
Esaar oil 132.3 134.0 1.25 next week.
Lupin 431.0 434.8 0.88
Dr Reddy 1664.7 1,679.3 0.88 Nippon Steel, the world's fourth largest steelmaker, reported a quarterly net loss, hit
Bharat Forge 351.5 354.5 0.85 by earthquake-related losses, and did not give a forecast for the current financial
JP Power 50.3 49.4 (1.89) year due to an uncertain outlook for demand.
3i Infotech 50.8 50.1 (1.38)
The global merger and acquisition deals space is heating up as the total tally has
IRB 186.5 184.5 (1.07)
reached $1 trillion so far this year driven by as many as 180 billion- dollar deals, says
Videocon 191.1 189.2 (0.99) global deal tracking firm Dealogic.Global M&A volume reached $1 trillion mark on
Triveni 107.3 106.3 (0.98) April 23 of this year, a month earlier as compared to the similar amount reached in
Sterling Biotech 92.5 91.6 (0.97) 2010 (May 25).
INSTITUTIONAL ACTIVITY (Rs Cr) 25-Apr 21-Apr YTD German business software maker SAP's first quarter earnings fell short of results
FII Cash Net (1,270) 623 7,240 from its rivals and market expectations, despite double-digit growth in sales and
FII Stock Futures (308) 84 (2,308) operating profit.SAP was expected to do well after US technology bellwethers Oracle
FII Index Futures 32 204 896 and IBM showed strong results signalling unimpaired global tech spending.
Mutual Fund 208 (56) 1,464
The Group of Ministers (GoM) to consider approval for a deal between Cairn and
Vedanta Resources will meet on May 2, an oil ministry source said on Thursday.
VALUATIONS P/E P/B DIV YLD
BSE 20.9 3.7 1.1
NSE 21.8 3.7 1.1
BSE500 Mcap/GDP Ratio 0.63
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
ONGC 317.8 1.99 Greaves Cotton 97.0 5.49 Nitin Fire 94 20.0
ICICI Bank 1117.6 0.92 3M India 4200.0 5.48 Paper Products 67.5 18.8
Bharti Airtel 386.8 0.56 Alok Inds 26.9 3.86 Kirloskar Bros-$ 201.8 13.2
Bajaj Auto 1476.6 0.26 Cox & Kings 428.6 3.75 Honda Siel Power 441.2 13.1
Sterlite Inds 183.1 0.14 Godfrey Phil 2070.0 3.11 Rain Commodities 184.5 9.1
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Reliance Comm 99.9 -5.13 Polaris Soft 194.9 -6.52 National Perox 575.0 -12.4
Cipla 309.5 -2.77 Patni Computer 430.4 -6.32 Birla Power-$ 1.0 -10.5
DLF 228.3 -2.71 IRB Infra 185.2 -5.85 Oil Country Tub 82.4 -9.2
Hero Honda 1696.1 -2.62 Vijaya Bank 85.8 -5.72 Nouveau Multi 18.4 -7.8
Jindal Steel 677.4 -2.17 Jyothy Lab 200.7 -5.47 Om Metals 41.1 -6.6
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Glory Polyfilms Planet Investments & Finance BUY 1.50% 4.0
Rohit Ferro Kanta Agarwal BUY 1.26% 43.1
MSP Steel Padmini Viniyog BUY 1.15% 68.0
Gujarat Foils Vardhman Investment SELL 0.84% 102.1
Intl Conveyors Mavi Investment Fund SELL 0.75% 18.2
BSE
Agio Paper Pratik Kantilal Paleja BUY 0.54% 7.1
Amrutanjan Health Eureka Stock & Share Broking Services Ltd BUY 0.66% 746.5
Asahi Infra Indravarun Trade Impex Pvt Ltd BUY 0.80% 10.3
Bafna Spinning Kanika Batra SELL 5.40% 0.4
Dhoot Indl Fin Bafna Earth Movers Limited SELL 0.74% 16.0