1. May 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 05-May 04-May % Change COMMENTARY
BSE Sensex 18,211 18,469 (1.40)
INDIA
NSE Nifty 5,460 5,537 (1.39)
BSE Midcap 6,801 6,866 (0.95) The Indian markets sold off ahead of the policy meeting of the ECB and the BOE, as the bear onslaught
BSE Smallcap 8,287 8,390 (1.23) continued for the ninth straight trading session. The key indices ended with heavy losses following a sharper
Nifty Junior 10,775 10,902 (1.17) than expected rate hike by the RBI on May 3. Interest rate sensitives like the Banking, Auto and Realty
CNX Midcap 7,833 7,908 (0.94) extended the week’s decline amid concerns of rising borrowing costs. Heavyweights like Ranbaxy, RCOM,
PNB, Tata Power, ACC and Sterlite Industries were among the major losers in the Nifty index. While bucking
the negative trend were the likes of Hero Honda, Kotak Mahindra Bank, Maruti and Gail India. Market players
GLOBAL MARKETS 05-May 04-May % Change will also keep a watch on the US jobs data which will be released on Friday. The BSE Sensex ended at 18,211
losing 1.40% & the NSE Nifty lost 1.39% to close at 5,460 BSE Mid-Cap index and BSE Small-Cap index ended
Dow Jones Ind (USA) 12,584 12,724 (1.10)
1% and 1.2% respectively. On the BSE, out of the total 2,936 stocks, 1,855 shares declined while only 907
Nasdaq Composite(USA) 2,815 2,828 (0.48)
scrips advanced.
S&P 500 (USA) 1,335 1,347 (0.91)
FTSE 100 (UK) 5,920 5,984 (1.07) GLOBAL MARKETS
DAX (Germany) 7,377 7,374 0.04
Nikkei 225 (Tokyo)* 10,004 10,004 0.00 US markets saw weakness in trade amid broad based sell off in commodities and dollar surging on the back
Hang Seng (Hong Kong) 23,259 23,324 (0.28) of commentary from ECB head. The free fall in silver prices continued, weighed by news that CME raised
Shanghai Comp (China) 2,837 2,867 (1.03) margin for the fifth time in eight days while crude is off its highs due to resurgence in dollar coupled with
KOSPI (South Korea) 2,181 2,181 0.00 demand concerns indicated by poor economic data. DJIA closed at 12,584, down 1.1%; Nasdaq closed at
STI (Singapore) 3,110 3,134 (0.76) 2,815, down 0.48% while S&P closed at 1,335, down 0.91%.
MSCI Emerging Market 447 458 (2.40)
Asian markets have opened weak following the biggest slump in commodities since 2009. Nikkei is trading
MSCI Frontier Market 569 571 (0.35) lower by 1.8% even as yen fell from a seven-week high against the dollar. Hang Seng is down 0.9% while
Strait Times is down 0.6%.
BOND MARKETS 05-May 04-May Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.26 8.15 0.11 The annual rate of inflation in the food space decreased in the penultimate week of April and stayed
1yr G-Sec Yield 7.76 7.76 0.00 below the double digit mark for the sixth straight week, data released by the Government showed on
LIBOR (6m) 0.46 0.46 0.00 Thursday. Fuel inflation remained steady in the week under review. India’s annual food inflation
LIBOR (1m) 0.25 0.25 0.00 declined to 8.53% in the week ended April 23 from 8.76% in the previous week, the Commerce &
Interbank Call rate 6.7 6.8 (0.11) Industry Ministry said in a statement.
Cipla Ltd has posted a net profit of Rs. 2,140mn for the quarter ended March 31, 2011 as compared to Rs.
2,755.30mn for the quarter ended March 31, 2010. The Company has posted a net profit of Rs.
BSE Turnover Rs Cr('000) Sensex
9,671.20mn for the year ended March 31, 2011 as compared to Rs. 10,814.90mn for the year ended March
19400 3.2 31, 2010.
19200 3.1
19000 After being deferred twice, state-owned Oil and Natural Gas Corporation's (ONGC) Rs 11,500 crore
18800 3.0 public offer has now been scheduled to open on July 5.The government plans to sell 5% (427.77 million
18600 2.9 shares) through the follow-on public offer (FPO) that will open on July 5 and close on July 8.
18400 2.8
18200 2.7 Bharti Airtel Ltd, India's top mobile phone carrier, has earmarked as much as Rs 13,812 crore in capital
18000 expenditure for its various operations in this fiscal year that started on April 1. Additionally India's top
17800 2.6 mobile phone carrier, on Thursday reported a higher-than-expected fall in quarterly profit (31.5%), hit by
17600 2.5 losses at its African operations. Sales figures stand at Rs 16,260 crore as compared to Rs 10,749 crore, a
29-Apr 2-May 3-May 4-May 5-May 51% surge in sales.
Strides Arcolab has receives US FDA approval for Midazolam Injection Multi-Dose Vials.
Industrialist Naveen Jindal-led Jindal Steel and Power (JSPL) said that it will build a 2.52 million tonne
5800 NSE Turnover Rs Cr('000) Nifty 16 per annum natural gas based Direct Reduction Iron (DRI) plant in Puerto Suarez, Bolivia.
14
5700 12 Edinburgh-based Cairn Energy Plc said that it will sell a maximum of 40% stake in its Indian unit to
5600 88.38 10
#DIV/0! mining group Vedanta Resources for $6.8 billion.
8
5500 6 Ceat Ltd, India's fourth largest tyre maker, has earmarked Rs 150 crore as capital expenditure in FY12
4 and expects exports to rise by as much as 50%.
5400
2
5300 0 Surface transport infrastructure firm IL&FS Transportation Networks Ltd (ITNL) expects fresh orders
29-Apr 2-May 3-May 4-May 5-May worth Rs 4,000 in FY12.
The European Central Bank (ECB) on Thursday kept its benchmark interest rate unchanged at 1.25% after
increasing it in the previous month.

2. May 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 05-May 04-May % Change CORPORATE NEWS
CD 6,159 6,146 0.22% Godrej Properties Ltd has signed a Development Agreement with Capsulation
OIL&GAS 9,783 9,782 0.01% Services Private Ltd to develop a plot of land admeasuring approximately 5,895
AUTO 8,939 8,988 -0.55% square metres located at Deonar near Chembur in Mumbai as a residential project.
PSU 8,730 8,824 -1.07%
CG 12,606 12,744 -1.09% Ranbaxy Laboratories' shares came under pressure on Thursday amid media reports
IT 5,947 6,015 -1.12% that the US Federal prosecutors are negotiating a settlement with the Company that
TECk 3,569 3,625 -1.54% could result in penalties to the tune of US$1bn.
METAL 15,283 15,534 -1.61%
Kotak Mahindra Bank Ltd has announced the following results for the quarter & year
BANKEX 12,217 12,423 -1.66% ended March 31, 2011. The Bank has posted a net profit of Rs. 2,487.013 million for the
HC 6,017 6,120 -1.68% quarter ended March 31, 2011 as compared to Rs. 2,025.012 million for the quarter
FMCG 3,616 3,682 -1.82% ended March 31, 2010. Total Income has increased from Rs. 11,322.587 million for the
POWER 2,563 2,626 -2.40% quarter ended March 31, 2010 to Rs. 14,239.297 million for the quarter ended March
REALTY 2,065 2,126 -2.89% 31, 2011.
Andhra Bank has announced the following results for the quarter & year ended
March 31, 2011. The Bank has posted a net profit of Rs. 3,127.825 million for the
quarter ended March 31, 2011 as compared to Rs. 2,402.645 million for the quarter
ended March 31, 2010. Total Income has increased from Rs. 19,770.514 million for the
quarter ended March 31, 2010 to Rs. 26,624.746 million for the quarter ended March
BSE Upper Circuit Breakers 31, 2011.
Company Name 05-May 04-May % Change
Indus Finance Corporation 158.0 143.6 10.00 Bharti Walmart will invest over $40 million (around Rs 180 crore) in India by March
Piramal Life Sciences 103.7 94.3 10.00 next year to set up six new 'Best Price Modern Wholesale' stores to expand presence
Intellivate Capital Ventures 95.6 91.1 5.00 in the country. The company, a 50:50 joint venture between India's Bharti Enterprises
Vertex Securities 261.6 249.2 5.00 and US-based 0 Walmart Stores, announced opening of a new cash-and-carry store in
Denison Hydraulics India 460.6 438.7 5.00 Ludhiana in Punjab.
Film exhibitor and distributor PVR said that has entered into an agreement with
Infinite India Investment Management, a part of JM Financial Group, for sale and
leaseback of its multiplex property in Mumbai for Rs 100 crore.
Essar Steel said it has become the first Indian producer of steel plates approved by
BSE Lower Circuit Breakers the government for supply to the Indian Navy for building strategic warships.
Company Name 05-May 04-May % Change
Sri Nachammai Cotton Mills 31.9 39.9 (20.00) NHPC Ltd hopes to generate over 18.6 billion kilowatt hour (bkwh) of power in the
Allied Digital Services 74.2 78.1 (5.00) current financial year to March 2012, based on expectations of normal monsoon rains,
Neelamalai Agro Industries 332.0 349.5 (5.00) its chairman A.B.L. Srivastava said on Thursday.
Sampada Chemicals 117.6 123.7 (5.00)
Neemtek Organic Products 125.7 132.3 (5.00) Domino’s Pizza (Jubilant Food), a leading food services brand and the market leader
in the organized pizza home delivery segment in India is taking trial of credit card
payments over the phone. In a move to make ordering Domino’s Pizza even more
convenient for customers, the service will allow customers to pay for their pizzas
through credit cards over phone.
The Coal Ministry today took a decision to deallocate 14 coal blocks and 1 lignite
block awarded to public sector companies like NTPC and DVC, besides 3 private firms,
over their failure to develop the same for captive use.
Drug firm Glenmark said that it has opened its new facility in Argentina which would
serve as a global hub for cancer treatment drugs.
COMMODITY 05-May 04-May % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 113 121 (6.61)
(1.69) Brent Crude Oil lost 6.61% and closed at $113 per barrel. Gold closed down by 1.69% at
Gold (Rs/10gm) 21,746 22,120
Rs 21,746 and silver closed down by 6.50% at Rs 55,305.
Silver (Rs/kg) 55,305 59,151 (6.50)
CURRENCY 05-May 04-May % Change The Indian Rupee closed higher against the dollar at Rs 44.47 as the Indian equity
INR / USD 44.47 44.52 (0.11) benchmarks ended on a negative note.
USD / Euro 1.48 1.48 -
Yen / USD 79.83 81.10 (1.57)

3. May 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
Ruchi Soya 100.0 101.4 1.40 Audi, the German luxury car manufacturer, recorded an impressive 98% growth in
Divis Lab 672.4 681.4 1.35 April 2011 with a sale of 375 cars (189 cars: April 2010). For the period January – April
Chennai Petro 218.6 221.3 1.24 2011, the company sold 1986 cars – a growth of 105% over the same period last year
Triveni 39.3 39.8 1.15 (967 cars: Jan – April 2010).
GTL Infra 35.3 35.7 1.13
OIL 1355.7 1,370.0 1.06 The worldwide enterprise software market showed broad growth and recovery in
Core Projects 301.0 290.0 (3.65) 2010 with total software revenue increasing 8.5% annually to a worldwide market size
PFC 215.5 208.9 (3.06) of $245 bn, according to Gartner, Inc. In 2009, worldwide revenue declined 2.5% to
Alhabad Bank 194.8 189.7 (2.62) $226 bn.
Bhushan Steel 474.0 464.7 (1.97)
IBM has announced that it has signed an agreement with Everfresh Bakeries, a
Maruti 1254.0 1,229.0 (1.99)
complete bakery retail chain from Indore, Madhya Pradesh, now Head Quartered in
ABB 875.0 860.0 (1.71) Mumbai to help integrate their business processes, data and systems across the value
chain and facilitate seamless cross-channel customer experience. A complete bakery
INSTITUTIONAL ACTIVITY (Rs Cr) 29-Apr 28-Apr YTD retail chain 'Everfresh' is into freshly baked products catering to communities spread
FII Cash Net (195) (270) 5,724 around Indore in central India covering Bhopal, Dewas, Ujjain, Mohw, Khandwa, Dhar,
FII Stock Futures (252) (351) (4,612) Soankuch etc.
FII Index Futures (919) (1,241) (802)
Mutual Fund (193) 296 1,485 Mexico has bought 93.3 metric tons of gold since January, increasing holdings from
about 6.9 tons, according to the International Monetary Fund (IMF) data.
VALUATIONS P/E P/B DIV YLD
BSE 19.9 3.5 1.1 The Asian Development Bank (ADB) and the Government of the Republic of Korea
yesterday have signed an agreement to extend and expand Korea’s support for ADB
NSE 20.7 3.5 1.1
development projects in Asia and the Pacific.
BSE500 Mcap/GDP Ratio 0.60
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1697.6 6.11 Jyothy Lab 222.1 6.99 Warren Tea-$ 360.55 11.1
RIL 949.6 0.26 Apollo Hosp 485.4 5.49 Piramal Life 103.7 10.0
Maruti Suzuki 1255.8 0.06 United Phos 156.4 5.39 Nouveau Multi 17.8 9.2
- - - Tulip Telecom 156.1 4.17 Kanani Inds 231.6 7.1
- - - Religare Enter 474.8 3.51 Shree Ashtavina 6.0 5.6
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Reliance Comm 89.1 -5.52 HDIL 139.7 -8.09 Sujana Towers 37.7 -7.7
Tata Power 1228.8 -5.21 Shriram City Uni 555.0 -5.93 Vikas WSP 16.5 -7.6
Reliance Infra 616.6 -4.23 Redington India 82.5 -5.88 EIH Associated-$ 143.5 -7.4
Sterlite Inds 170.1 -3.27 HATHWAY CAB 111.1 -5.25 Hinduja Vent 248.1 -6.2
Bharti Airtel 357.6 -3.25 Marico 130.4 -5.17 Prime Focus 53.5 -6.1
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
Amrutanjan Health Crosseas Capital Services BUY 0.80% 799.5
Gemstone Invest Ritu Jain BUY 1.24% 9.2
Twilight Litaka Ifci Factors Ltd SELL 0.64% 55.0
Rotam Comm Sarij Devi Munot SELL 1.35% 27.8
Carol Info Venktesh Securities Limited SELL 0.74% 126.9