1. March 7, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET * 04-Mar 03-Mar % Change COMMENTARY
BSE Sensex 18,486 18,490 (0.02) INDIA
NSE Nifty 5,539 5,536 0.05 After three straight days of solid gains, the Indian markets ended flat on Friday, as investors decided to take
BSE Midcap 6,592 6,599 (0.11) a pause after the post-Budget rally. Markets started off with a gap up opening in the morning, tracking
BSE Smallcap 7,999 8,020 (0.26) strong cues from the overseas markets, especially Wall Street. US stocks had their best day in three months
after the weekly jobless claims hit nearly three-year low. Asian and European markets extended their gains
Nifty Junior 10,807 10,803 0.04
on Friday, notwithstanding concerns over the Middle-East tension and its impact on oil prices. However, as
CNX Midcap 7,654 7,635 0.25
the day progressed, the benchmark Indian indices were unable to hold on to their gains.Capital
Goods, Metals and FMCG stocks were among the major laggards which kept the NSE Nifty above the 5500
levels. The BSE Mid-Cap and the BSE Small-Cap stocks were under pressure. On the other
GLOBAL MARKETS 04-Mar 03-Mar % Change hand, Banking, Auto and Realty stocks were in demand.The BSE Sensex ended flat at 18,486 and the NSE
Dow Jones Ind (USA) 12,170 12,258 (0.72) Nifty closed flat at 5,538.BSE mid and small cap indices underperfomed. The indices dropped marginally
Nasdaq Composite(USA) 2,785 2,799 (0.50) into red and ended at 6,592 and 7,999, respectively.
S&P 500 (USA) 1,321 1,331 (0.75)
FTSE 100 (UK) 5,990 6,005 (0.25)
DAX (Germany) 7,179 4,061 76.78 GLOBAL MARKETS
US stocks declined on Friday, erasing almost half of the biggest daily gain in three months, amid investor
Nikkei 225 (Tokyo) 10,694 10,586 1.02
concern that the surge in crude oil price to a 29-month high will curtail the expansion in the world’s
Hang Seng (Hong Kong) 23,409 23,122 1.24 biggest economy. . The Dow Jones Industrial Average finished 0.72 per cent lower on the last day of the
Shanghai Comp (China) 2,942 2,903 1.33 week at 12,170, while the broader S&P 500 lost 0.75%, to 1321. The tech-heavy Nasdaq also lost 0.50%, to
KOSPI (South Korea) 2,005 1,971 1.74 end the week at 2785.
STI (Singapore) 3,061 3,037 0.79
MSCI Emerging Market 430 428 0.47 Asian markets have started the week on a negative note. Nikkei is down by 1.30% and Hang Seng is also
MSCI Frontier Market 602 605 (0.50) down marginally.
BOND MARKETS 04-Mar 03-Mar Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.07 8.05 0.02 BGR Energy Systems said that it has bagged two orders worth Rs 30 crore for Adani Power's projects in
1yr G-Sec Yield 7.67 7.82 (0.15) Maharashtra and Rajasthan.
LIBOR (6m) 0.46 0.46 0.00
LIBOR (1m) 0.25 0.25 0.00 Iron ore miner NMDC Ltd said that it has awarded a Rs 760 crore order to a consortium of four
Interbank Call rate 6.9 6.9 0.02 firms, including Siemens VAI, for turnkey execution of a sinter plant complex for its proposed Nagarnar
steel making facility.
Drugmaker Indoco Remedies Ltd is in talks to extend its tie-up with Watson Pharmaceuticals Inc to cover
BSE Turnover Rs Cr('000) Sensex four to six more products in the US, an executive with the Indian company said on Friday.
18600 4.0
18400 3.5 Canara Bank has raised $ 350 million through issuance of senior unsecured bonds under medium term
3.0 note (MTN) programme through its London branch.
18200
2.5
18000 The back-office processing arm of India's second-largest software firm, Infosys Technologies Ltd, expects
2.0
17800 revenue growth of 18-20% in the next fiscal year, driven by the banking and financial services sector, its
1.5
17600 1.0 chief said on Friday.
17400 0.5
State-run Indian Oil Corp, Bharat Petroleum and Hindustan Petroleum have lost about Rs 2,000 crore
17200 0.0
because of not raising petrol prices in sync with international rates.
25-Feb 28-Feb 1-Mar 3-Mar 4-Mar
Public sector Steel Authority of India (SAIL) has contributed Rs 7,737 crore to the national exchequer
during the first nine months of 2010-11.
NSE Turnover Rs Cr('000) Nifty Strides Arcolab said on Friday its fully owned unit Onco Therapies Ltd has received European Union
5600 18
approval for its oncology drug carboplatin.The drug has annual sales of $138 million in Europe, it said in a
5550 16
14 statement.
5500
5450 12
88.38 #DIV/0!
10 Lanco Infratech has finalised its acquisition of Australia's Griffin Coal assets for A$750 million ($760
5400 million), in what it said was the largest investment in Australia by an Indian company.
8
5350 6
5300 4 BP's $7.2-billion deal to jump into India's oil and gas sector with Reliance Industries is the first sign of new
5250 2 investment that could attract more players, helping to boost output and meet surging demand.
5200 0
25-Feb 28-Feb 1-Mar 3-Mar 4-Mar
`

2. March 7, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 04-Mar 03-Mar % Change CORPORATE NEWS
Bankex 12,445 12,379 0.53 Pharma major Dr Reddy's Laboratories aims to earn $1 billion revenue per year from
Auto 8,919 8,880 0.44 branded generics for the next three years.
It 6,230 6,210 0.31
State-run National Thermal Power Corporation (NTPC), which plans to set up a 15
Oil&Gas 9,649 9,625 0.25
MW solar power plant at Anta in Rajasthan, is in talks with a German bank KfW, among
Realty 2,077 2,073 0.23 others, to tie-up for funds.
Power 2,595 2,591 0.18
Teck 3,639 3,633 0.16 The government will infuse Rs 4,376 crore as equity capital in PSU lenders Bank of
Hc 5,876 5,875 0.03 Baroda and Union Bank of India as part of a recapitalisation package to shore up their
Cd 5,743 5,754 (0.18) equity capital.
Fmcg 3,509 3,515 (0.18)
Metal 15,827 15,857 (0.19) Realty firm Raheja Developers is in advanced stages of negotiations with a Saudi Arab-
Psu 8,571 8,592 (0.25) based developer to form a joint venture for mainly constructing housing properties in
the two nations.
Cg 12,951 13,223 (2.06)
Flipkart Online Services, which runs the online book retailer Flipkart.Com, is eyeing an
ambitious Rs 4,500-crore turnover by FY15 on the back of increased penetration of
broadband and the firm's massive expansion plans.
Country's top iron ore producer NMDC plans to invest Rs 3,309 crore on expansion
BSE Upper Circuit Breakers projects in 2011-12, and a bulk of the amount will be spent on building the 3 million
Company Name 04-Mar 03-Mar % Change tonnes steel plant in Chhattisgarh.
Gujarat Foils 86.2 71.8 20.00
The increase in coal prices by Coal India Limited (CIL) will cost utility company CESC
Kailash Ficom 47.2 39.4 20.00
Ltd an additional Rs 300 crore annually which would translate to an increase in power
Jindal World 266.2 242.0 10.00 tariff by about 50 paise per unit.
Lippi Systems 11.4 10.4 10.00 0
Shetron 17.6 16.0 10.00 State-run MTNL is becoming increasingly overburdened by its huge staff cost, which
touched Rs 4,666 crore during 2009-10, while its income has declined by 3% to Rs 5,058
crore year-on-year.
Healthcare major Apollo Hospitals said that it will add 2,000 beds in the next 24
months for an estimated outlay of nearly Rs 1,200 crore.
BSE Lower Circuit Breakers
Kaiser Press Ltd has announced that a meeting of the Board of Directors of the
Company Name 04-Mar 03-Mar % Change Company will be held on March 11, 2011, to consider the matter of acquiring more than
Sri Laskhmi 35.2 39.1 (10.00) 50% shareholding of M/S Xicon International Limited as it may be more beneficial and
Industrial Invest 147.4 155.2 (5.00) advantageous for the business activities of the Company.
Blue Coast 227.7 239.6 (5.00)
Allied Digital 80.9 85.1 (5.00) .Private equity deals worth $300 million were announced in February, with the financial
Bright Brothers 55.1 58.0 (5.00) sector accounting for over half of the total transaction value, according to global
consultancy Ernst & Young.
Zee Learn Ltd has announced that pursuant by an order dated on the February
25, 2011, in the above Company Summons for Directors, the High Court of Judicature at
Bombay has directed that a meeting of the Equity Shareholders of the Company will be
held on March 28, 2011., for the purpose of considering and, if thought
fit, approving, with or without modification(s), the proposed arrangement embodied in
the Scheme of Amalgamation of Essel Entertainment Media Ltd. with Zee Learn Ltd.
and their respective Shareholders and Creditors.
COMMODITY 04-Mar 03-Mar % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 104.9 101.7 3.14
Gold (Rs/10gm) 21,078.0 20,945.0 0.63
Silver (Rs/kg) 52,200.0 50,656.0 3.05 Light Sweet Crude Oil on Thrusday lost 0.93% closing at $101.7 per barrel. Gold closed
down by 0.55% at Rs 20,945 and Silver closed down by 1.37% at Rs 50,656.
CURRENCY 04-Mar 03-Mar % Change The Indian Rupee closed higher against the dollar at Rs 44.96 as the Indian equity
INR / USD 44.89 44.96 (0.16) benchmarks ended on positive note.
USD / Euro 1.39 1.39 -
Yen / USD 82.31 82.28 0.04

3. March 7, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
ADANIPOWER 110.4 111.5 1.00 M Karunanidhi’s DMK on Saturday withdrew its ministers from the United Progressive
ABAN 585.5 591.2 0.96 Alliance (UPA) government led by the Congress and offered only issue-based support.
OIL 1242.1 1,254.0 0.96
ALOKTEXT 20.9 21.1 0.96 The state housing board has lodged a complaint (First Information Report) against 33
MTNL 41.8 42.2 0.96 developers for retaining approximately 1.5 lakh sq ft of surplus area in violation of
NAGARFERT 27.2 27.5 0.92 section 33 (7) of the development control rules for redevelopment of dilapidated
COREPROTEC 308.3 291.0 (5.61) (cessed) properties, according to a report.
INDIAINFO 79.3 76.8 (3.15)
The US economy added 192,000 non-farm jobs in February as against expectation of
NATIONALUM 442.5 430.3 (2.76) around 200,000.
ACC 987.3 960.8 (2.68)
PIRHEALTH 463.7 453.5 (2.19) Bajaj Finserv Ltd has clarified that Berkshire Hathaway will enter Indian insurance
MARUTI 1312.1 1,284.1 (2.13) business as a Corporate Agent for Bajaj Allianz General Insurance Company Ltd
(BAGIC), a 74% subsidiary of Bajaj Finserv Ltd. Berkhsire India, which is a Berkshire
INSTITUTIONAL ACTIVITY (Rs Cr) 24-Feb 23-Feb YTD Hathaway subsidiary, will sell and distribute general insurance products through its
FII Cash Net (2,249) (13) (7,291) online distribution portal and a telemarketing channel on behalf of BAGIC. It will
FII Stock Futures (5,404) (1,461) 5,819 initially sell motor insurance policies. BAGIC has about 40 corporate agents. The tie up
FII Index Futures will help expand its customer base. The Company does not have any plan, at present or
(497) (328) (5,555)
in the foreseeable future, to sell its equity to Berkshire Hathaway group of companies.
Mutual Fund 154 314 1,806
VALUATIONS P/E P/B DIV YLD
BSE 20.0 3.5 1.1
NSE 21.2 3.5 1.1
BSE500 Mcap/GDP Ratio 0.59
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Tata Power 1218.7 2.27 Essar Ship Ports 89.35 9.97 Vindhya Tele 262.95 11.02
Hero Honda 1534.5 2.15 PTC India 90.6 4.98 Lloyds Metal 42.75 10.47
Bajaj Auto 1377.7 2 Motilal Oswal 138.65 4.76 Jindal World 266.2 10
HDFC 681.6 1.63 Deccan Chron 72.7 4.53 Sequent Scientific 70.95 8.24
Reliance Infra 606.7 1.38 Strides Arco 374.85 4.4 Nectar Life 25.7 8.21
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
L&T 1610.8 -3.08 Ramky Infra 288.1 -5.39 SMLISUZU 351.9 -7.39
Jaiprakash Asso 84.0 -2.04 Gammon India 122.45 -4.86 TTK Healthcare 396.2 -5.24
BHEL 2085.0 -1.94 Jindal Poly 420.4 -4.79 Vipul 14 -5.08
TCS 1134.5 -1.37 Phoenix Mills 172.35 -4.75 Allied Digit 80.85 -4.99
Bharti Airtel 326.8 -1.19 Money Matters 84.5 -4.63 Polyplex Corp 217.6 -4.98
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