1. January 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 31-Dec 30-Dec % Change COMMENTARY
BSE Sensex 20,509 20,389 0.59 INDIA
NSE Nifty 6,135 6,102 0.54 Sensex strikes another ton...Ends above 20,500.The Indian markets ended the last trading session of
BSE Midcap 7,802 7,723 1.02 2010 on a positive note, as investors extended their buying spree of the previous two sessions. The NSE
BSE Smallcap 9,670 9,552 1.24 Nifty firmed up above the 6100 levels, while the BSE Sensex ended above the 20,500 levels. Today’s rally
Nifty Junior 12,232 12,089 1.18 was led by Realty, Banking, Auto and Power stocks. Even the broader indices put up a decent show. The
CNX Midcap 8,857 8,752 1.20 BSE IT index was the only sectoral index in the red, falling 0.2% after the recent gains. The BSE Sensex
advanced 120 points to close at 20,509 and the NSE Nifty gained 33 points to close at 6,135. Among the
BSE sectoral indices, the BSE Realty index was the top gainer the index gained 2.4%, followed by BSE
GLOBAL MARKETS 31-Dec 30-Dec % Change Banking index was up 1.4% and the BSE Auto index gained 1%.The broader indices also ended in green,
Dow Jones Ind (USA) 11,577 11,568 0.08 the BSE Mid-Cap index was up 1.1% and BSE Small-Cap index was up 1.2%.
Nasdaq Composite(USA) 2,652 2,663 (0.41)
S&P 500 (USA) 1,257 1,258 (0.08) The market breadth was positive. Out of 3067 stocks traded on the BSE, there were 1,502 advancing
FTSE 100 (UK) 5,900 5,971 (1.19) stocks as against 1250 declines.
DAX (Germany) 6,914 6,914 0.00
Nikkei 225 (Tokyo) 10,229 10,229 0.00 GLOBAL MARKETS
Hang Seng (Hong Kong) 23,035 22,999 0.16
In the US markets, the S&P 500 settled lower as a late recovery effort stalled at the neutral line. Stocks
Shanghai Comp (China) 2,809 2,760 1.78
spent the entire session confined to a relatively narrow range. Economic data failed to move the
KOSPI (South Korea) 2,051 2,051 0.00
markets either.Dow Jones Industrial Average ended marginal in green up by 0.08% settling the year at
STI (Singapore) 3,190 3,212 (0.68)
11.577.Nasdaq ended lower by 0.41% at 2652 and S&P 500 ended flat at 1257.
MSCI Emerging Market 437 435 0.46
MSCI Frontier Market 600 598 0.29 The Hang Seng has opened on a positive note, trading 0.3% higher, while the Nikkei is closed.
BOND MARKETS 31-Dec 30-Dec Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 7.98 8.05 (0.07) Tata Motors have hiked the prices of some its passenger vehicles and all of its commercial vehicles by a
1yr G-Sec Yield 7.33 7.33 0.00 range of Rs 3,000-30,000 due to rising input costs with immediate effect. Additionally it reported 30.63 per
LIBOR (6m) 0.45 0.46 (0.01) cent increase in its December sales last year at 67,441 units sold as compared to 51,627 units sold in the
LIBOR (1m) 0.26 0.25 0.01 same month in 2009.
Interbank Call rate 6.8 7.0 (0.15)
Auto-maker Mahindra & Mahindra reported a 41.92 per cent jump in its sales at 34,062 units in
December 2010 over the same period previous year. The company had sold 24,001 units in the
corresponding month of 2009.
BSE Turnover Rs Cr('000) Sensex
20600 4.0
20500 TVS reported 42 per cent growth in sales in December 2010 at 1,71,790 units. The company registered
3.5
20400 sales of 1,20,913 units in the same month of previous year.
3.0
20300 2.5
20200 The state-run Coal India Limited will make its second attempt to buy the house of Mahatma Gandhi in
2.0
20100 Johannesburg, where he had lived for over a year, with the desire to build a memorial there.
20000 1.5
19900 1.0
0.5 Tata Steel plans to ink an agreement with Japan-based Nippon Steel Corporation (NSC) by end this month
19800
19700 0.0 to set up Rs 2,400—crore steel plant for producing auto grade steel.
27-Dec 28-Dec 29-Dec 30-Dec 31-Dec
Realty firm AMR Infrastructure said that it will invest about Rs 1,100 crore by 2014 to develop its four
different projects, including an IT Special Economic Zone (SEZ) in Greater Noida.
Yash Birla Group company Birla Wellness & Healthcare is eyeing up to Rs 300 crore revenue in the next
NSE Turnover Rs Cr('000) Nifty
6150 16 three years time.
14
6100 12 The country’s largest iron ore miner NMDC said that it has raised iron ore prices by 5.22 per cent for the
6050 88.38 10
#DIV/0! January—March quarter, a move which could prompt domestic steel makers like JSW and Tata Steel to
8 increase prices.
6000 6
5950 4 Electronic retail chain major, Next Retail India, is eyeing Rs 4,000-crore turnover in the next 3-4 years and
2 expects to increase its share in the total retail market to 10 per cent.
5900 0
28-Dec 29-Dec 30-Dec 30-Dec 31-Dec Kolkata-based FMCG firm Emami is expecting a 15-20 per cent growth in its Chyawanprash segment even
as its plans to consolidate all its brands under the category. The company will also spend Rs 12-15-crore in
the current fiscal to boost the sales of its popular brands through its new marketing initiative.
`

2. January 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 31-Dec 30-Dec % Change CORPORATE NEWS
PSU 9,388 9,310 0.84 Auto parts maker Tata Autocomp Systems Ltd has filed for an initial public offering of
Consumer Durables 6,276 6,229 0.76 shares including a fresh issue to raise up to Rs 750 crore ($167.4 million), .
IT 6,804 6,757 0.68
Capital Goods 15,318 15,223 0.62 Navratna public sector unit BHEL has approached the government for remedial action
Teck 4,019 3,998 0.52 to counter the threat posed by Chinese power equipment suppliers. BHEL has urged
Realty 2,768 2,755 0.51 the government to impose duties on Chinese imports, so that a level playing field is
FMCG 3,673 3,656 0.47 created
Power 2,951 2,940 0.37
Auto 10,084 10,054 0.29 The Electrical & Gulf Projects Operating Company (E&GP OC), a unit of Larsen &
Bankex 13,196 13,167 0.22 Toubro’s (L&T) Construction Division, has secured orders aggregating to Rs 2503 crore
Metal 17,349 17,339 0.05 from transmission, substation and railway construction projects in the domestic and
Oil&Gas 10,564 10,560 0.04 international markets during the third quarter of 2010-11.
Healthcare 6,671 6,671 0.00
Private sector lender Kotak Mahindra Bank hiked its minimum rate of lending or
base rate by 0.25 per cent to 8.25 per cent, in line with peers across the industry.
Prism Cement said that it has resumed production of clinker in Unit-II at Satna, which
had been temporarily suspended due to an accident earlier.
BSE Upper Circuit Breakers
Private sector Dhanlaxmi Bank announced an increase of 0.75 per cent in its base
Company Name 31-Dec 30-Dec % Change
rate and Benchmark Prime Lending Rate (BPLR).
Welspun Invest 106.0 88.3 20.00
Novagold Petro 5.4 4.5 20.00
State-run lender, Corporation Bank, has revised the Base Rate for lending from 8.25%
Natura Hue Chem 12.2 11.1 10.00
pa to 8.90% pa with effect from January 03, 2011.Corporation Bank last revised its rates
Chisel 247.8 236.0 5.00 0
raising its Benchmark Prime Lending Rate by 25 basis points to 13%.
Kacyee Industries 6428.1 6122.0 5.00
JSW Energy Ltd, an independent arm of JSW Group, announced on the BSE that it has
successfully commissioned the second unit of the four 300-MW power projects at
Jaigad in Ratnagiri district of Maharashtra. It has achieved the Commercial Operation
Date (COD) effective from December 30, 2010, totalling the aggregate operating
capacity at Ratnagiri to 600 MW. The company is targeting to commission the
BSE Lower Circuit Breakers remaining two in the current fiscal.
Company Name 31-Dec 30-Dec % Change
Shaily 327.8 345.0 (5.00) Sun Pharmaceuticals Industries Ltd, an integrated and speciality pharmaceutical
Spectacle 41.0 43.1 (5.00) company, announced that USFDA has granted approval for an Abbreviated New Drug
SVC Resources 33.1 34.8 (5.00) Application (ANDA), a generic version of Bonita, Ibandronate Sodium Injection.
Mayur Leather 51.0 53.7 (5.00)
Midfield Industries 90.7 95.5 (5.00) Buoyed by retail investors' enthusiastic response to its maiden public issue of bonds,
State Bank of India is planning to mop up Rs 10,000 crore in various tranches in the
remaining period of the current fiscal and the next through these bonds.
Shares of state-run Hindustan Copper nosedived by over 18 per cent in the early
trade on the BSE on Friday amid reports that the company’s follow-on public offer may
be priced at a discount of nearly 72 per cent against the previous closing price
COMMODITY 31-Dec 30-Dec % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 91.4 89.7 1.87
Gold (Rs/10gm) 20,704.0 20,701.0 0.01
Silver (Rs/kg) 46,103.0 45,925.0 0.39 Light Sweet Crude Oil on Friday was up by 1.87% at $91.4 per barrel. Gold closed up by
0.01% at Rs 20,704 and Silver closed up by 0.39% at Rs. 45,103.
CURRENCY 31-Dec 30-Dec % Change
INR / USD 44.70 44.95 (0.56) The Indian Rupee closed higher against the dollar at 44.70 as the Indian equity
USD / Euro 1.33 1.32 0.76 benchmarks ended on positive note.
Yen / USD 81.36 81.63 (0.33)

3. January 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY NEWS
MRF 7202.5 7,280.8 1.09 The output of six key infrastructure sectors grew 2.3% in November from a year
Apollo Tyre 66.7 67.4 1.05 ago, the slowest pace in the last 21 months, raising the prospects of a drop in
Patel Engineering 304.8 307.9 1.02 industrial growth for the month. The six core industries — crude oil, petroleum
Sri RamTransport Finance 781.1 788.9 1.00 refining, coal, electricity, cement and finished steel — have a combined weight
Chambal Fertilizers 90.3 91.2 1.00 of 26.7% in the index of industrial production and are considered an advance
Sterlingling BioTech 103.3 104.3 0.97 indicator of industrial activity.
ACC 1075.6 1,067.5 (0.76)
OIL 1411.2 1,401.6 (0.68) The Calcutta Stock Exchange (CSE) today said it has received Securities and
Core project 291.0 289.3 (0.57) Exchange Board of India's nod to allow trading on NSE platform.
ABB 795.9 791.7 (0.53)
Nationalum 393.2 391.8 (0.34) The Textiles Ministry today said it will soon seek Cabinet clearance for a
Bajaj-Auto 1541.0 1,536.1 (0.32) National Fibre Policy, which is aimed at ending the tax disparity between
cotton and man-made (synthetic) fibre.
INSTITUTIONAL ACTIVITY (Rs Cr) 10-Dec 09-Dec YTD
FII Cash Net (966) (1,197) 1,27,565 The growth of aggregate deposits in Indian banks registered a slower growth
FII Stock Futures (91) 4 (11,455) in the first quarter of this fiscal at 14.5 per cent, much below the government
FII Index Futures 812 451 (13,063) target of 20 per cent for the fiscal, as deposit rates fetched negative returns
Mutual Fund 406 150 (29,881) due to high inflation.
VALUATIONS P/E P/B DIV YLD The government has collected Rs 73.73 crore as penalty from new telecom
BSE 23.5 3.8 1.0 operators for missing the network roll-out deadline, but is still keeping open
NSE 24.4 3.8 1.0 the option of cancelling the licences.
BSE500 Mcap/GDP Ratio 0.66
The country’s cotton production is all set to reach a new high of over 345 lakh
MOVERS & SHAKERS the Cotton Association of India (CAI) said.
bales in 2010—11,
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Reliance Comm 145.10 4.99 Dewan Housing 296.35 8.61 Emami Paper 61.35 19.94
Bajaj Auto 1,541.50 4.37 KEC Intl 104.6 7.84 Nectar Life 31.15 12.45
Reliance Infra 842.00 4.00 United Brew Hldg 305.8 7.32 Nirlon 65.6 11.56
Jaiprakash Asso 105.90 2.97 Parsvnath Dev 57.95 6.33 BAG Films 11.01 11.55
SBI 2,811.05 2.24 Gammon Infra 25.35 5.85 Shriram Epc 234.15 11.55
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Sterlite Inds 186.6 -0.98 Core Projects 290.25 -12.34 Rollatainers 250.7 -6.1
Jindal Steel 713.2 -0.79 Network18 Media 131.75 -6.16 Elpro Intl 365.8 -5.67
NTPC 200.6 -0.64 Shree Ashtavina 8.05 -4.73 Ushdev Intl 387 -5.08
BHEL 2324.75 -0.51 Apollo Hosp 454.15 -3.7 Midfield Industries 90.7 -4.98
Hero Honda 1986.1 -0.29 Rajesh Exports 131.3 -3.38 SPECTACLE 41.1 -4.97
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
ASHCONIUL Bp Fintrade Private Limited BUY 0.98% 5.8
CINEMAX Union Investment Luxembourg Uniasia BUY 1.07% 53.5
ISPATIND Jaypee Capital Services Ltd. BUY 0.53% 22.4
R.P.P. Infra Projects Ltd Crosseas Capital Services Pvt. Ltd. SELL 0.55% 60.8
Talwalkar Fitness Ltd Credit Suisse (Singapore) Limited A/C Credit Suisse (Singap SELL 0.52% 256.6
BSE
ABG Shipyard Reliance Mutual Fund BUY 0.60% 367
Amulya Leas Sangeeta Pareeku BUY 0.52% 36.5
Arvind Intl Jmp Securities Pvt Ltd BUY 0.26% 20.56
MOIL LTD Crosseas Capital Services Private Limited SELL 0.64% 465.5
Kinetic Engr Iifl Capital Mumbai Fund SELL 0.48% 163.6