The Indian markets ended lower for a third straight session due to monetary tightening by the RBI and concerns about the global economic situation. The BSE Sensex closed at 17,871, down 0.64% while the NSE Nifty ended at 5,366, down 0.57%. Overseas, Asian markets rose but analysts said uncertainty around resolving Greece's debt crisis could continue weighing on investor sentiment. Domestically, Maruti resumed normal production and Essel Propack signed a deal with Colgate, while the government cancelled coal blocks allocated to NTPC.

1. June 20, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 17-Jun 16-Jun % Change COMMENTARY
BSE Sensex 17,871 17,986 (0.64) INDIA
NSE Nifty 5,366 5,397 (0.57)
BSE Midcap 6,815 6,872 (0.83) The Indian markets ended in red for a third straight trading session on Friday, closing the week with losses, as
BSE Smallcap 8,175 8,250 (0.91) fresh monetary tightening by the RBI and a fragile global situation continued to keep potential investors at
Nifty Junior 11,051 11,126 (0.67) bay. Friday’s slide was led by IT, Oil & Gas, Pharma and Telecom stocks. Even the Mid-Cap and the Small-Cap
CNX Midcap 7,921 7,969 (0.60) stocks were under pressure today. On the other hand, the Consumer Durables, Banking and Power stocks
managed to escape the selloff. The NSE Nifty index ended near day’s low after opening in the positive
terrain, hurt by the RBI's latest monetary tightening, erratic start to the monsoon season and FII selling. In
addition, the worsening global economic landscape has kept the world markets on the edge for quite some
GLOBAL MARKETS 17-Jun 16-Jun % Change time and continues to dent investor confidence. Global investors are concerned amid growing speculation of
Dow Jones Ind (USA) 12,004 11,962 0.36 a possible default by debt-strapped Greece sooner or later and its ramifications for the world markets. The
Nasdaq Composite(USA) 2,616 2,624 (0.28) BSE Sensex ended at 17,871 losing 115 points. The NSE Nifty closed at 5,366 losing 31 points.
S&P 500 (USA) 1,272 1,268 0.30
FTSE 100 (UK) 5,715 5,699 0.28 GLOBAL MARKETS
DAX (Germany) 7,164 7,110 0.76 The Dow and S&P 500 rose on Friday after France and Germany outlined an agreement to aid debt-burdened
Nikkei 225 (Tokyo) 9,351 9,411 (0.64) Greece, but analysts said a recent bearish trend may not be over.The Dow managed to close just above
Hang Seng (Hong Kong) 21,695 21,953 (1.17) 12,000, but the S&P 500 barely squeaked out a gain for the week after six straight weeks of losses. The
Shanghai Comp (China) 2,644 2,664 (0.78) uncertainty surrounding a resolution of the debt crisis kept investors wary of committing more cash to
equities. The Dow Jones industrial average rose 0.36%, to end at 12,004.. The Standard & Poor's 500 Index
KOSPI (South Korea) 2,032 2,047 (0.72)
gained 0.30%, to 1,272. But the Nasdaq Composite Index fell 0.28%, to 2,616.
STI (Singapore) 3,005 3,020 (0.49)
MSCI Emerging Market 425 433 (1.85) Asian stocks rose, snapping seven straight weeks of decline. Nikkei is up by 0.60% followed by Hang Seng up
MSCI Frontier Market 547 550 (0.55) by 0.74%. SGX Nifty is up by 16 points which indicatrs that our markets will kick off the trade in green on back
of positive global cues.
BOND MARKETS 17-Jun 16-Jun Change
10yr G-Sec Yield 8.26 8.31 (0.05) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.34 8.34 0.00 Maruti Suzuki India reported that the normal production will resume at its Manesar plant from
LIBOR (6m) 0.46 0.46 0.00 tomorrow, following the end of 13-day long strike by workers.
LIBOR (1m) 0.26 0.25 0.01
Interbank Call rate 7.62 7.45 0.17 The government has cancelled another two coal blocks allocated to power major NTPC for not developing
them within the stipulated time frame.
Packaging materials maker Essel Propack has signed a long-term agreement with Colgate-Palmolive India
BSE Turnover Rs Cr('000) Sensex to set up a plant in Goa at an investment of Rs 40 crore.
18400 4.5
18300 4.0 The electronics division of Bangalore-based Bharat Heavy Electricals Ltd (BHEL) has won a major turnkey
18200 3.5 contract for setting up an eco-friendly, grid-connected solar power plant of 5MW capacity.
18100 3.0
2.5 Anil Ambani Group firm Reliance Power's (R-Power) 4,000-Mw Krishnapatnam ultra-mega power project
18000
2.0 (UMPP) is facing roadblocks due to various reasons, including a recent change in Indonesian law which
17900 1.5 mandates all parties to sell coal at market prices.
17800 1.0
17700 0.5 Upbeat about growth in the IT and telecom sector, leading system integration solutions and services
17600 0.0 provider Gemini Communications is expecting a 30-35% growth in revenues this fiscal (2011-12).
13-Jun 14-Jun 15-Jun 16-Jun 17-Jun
The shares of Reliance Industries Ltd. (RIL) traded below Rs. 900 after touching a new 52-week low, as
investors turn wary of future growth prospects amid no sign of a pick-up in natural gas production from its
KG-D6 block off the east coast of India. The market capitalisation (m-cap) of corporate leader has fallen
NSE Turnover Rs Cr('000) Nifty sharply by Rs 24,750 crore during the past week to Rs 2,84,297.66 crore, following the CAG report which
5550 12 said the Oil Ministry and DGH have allegedly favoured the company.
5500 10
Major textile makers, including Grasim, Modi Polymer and Bombay Dyeing, have been dragged to the
5450 88.38 8
#DIV/0! competition watchdog CCI for allegedly abusing their dominant market position by dictating prices and
5400 6 sale terms.
5350 4
After cancelling NTPC's five coal blocks last week, the coal ministry is likely to soon warn the power
5300 2 company that its two more fields will be deallocated if they are not developed immediately.
5250 0
13-Jun 14-Jun 15-Jun 16-Jun 17-Jun In its pursuit to become a leading player in telecom space, Mukesh Ambani-led Reliance Industries group
may have to acquire younger brother Anil-run Reliance Communications (RCom), a report has said.

2. June 20, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 17-Jun 16-Jun % Change CORPORATE NEWS
CD 6,682 6,621 0.92% Tata Motors Marcopolo Ltd. has developed the CNG-Electric Hybrid Starbus for cleaner
BANKEX 12,092 12,077 0.12% and more efficient urban transportation. Two Tata CNG-Electric Hybrid Low-floor Star
POWER 2,549 2,546 0.12% buses have been given to BEST on trial in Mumbai. It has also got a a favourable response
METAL 14,449 14,457 -0.06% for its CNG-electric hybrid buses and has received orders from overseas markets.
CG 13,179 13,196 -0.13%
PSU 8,368 8,400 -0.38% Max India Ltd. said on Friday that its Board of Directors has approved the acquisition of
REALTY 2,104 2,115 -0.52% the entire shareholding of 16.37% held by the Warburg Pincus group in Max Healthcare
-0.62% Institute Ltd. (MHC) Accordingly, Max India will acquire 47,617,924 equity shares of Rs. 10
FMCG 3,855 3,879
each of MHC at an acquisition price of Rs. 29.40 per share for a consideration of Rs.
AUTO 8,464 8,555 -1.07%
1.4bn. The acquisition of shares in MHC is expected to be completed no later than
TECk 3,555 3,598 -1.21% December 15 after the receipt of all regulatory approvals. With this acquisition, Max
HC 6,295 6,377 -1.29% India's equity shareholding in MHC would stand increased to 91.84%.
OIL&GAS 8,975 9,117 -1.56%
IT 5,819 5,934 -1.94% Jyoti Structures reported that the company secured three orders aggregating Rs. 524
crore.
Italian fashion house Prada SpA cut the final price of its IPO by almost a fifth, raising $2.1
billion, as investors balked at a rich valuation and weak global markets.
The proposal to grant conditional Maharatna status to BHEL and GAIL will be taken to the
BSE Upper Circuit Breakers Cabinet soon even as they do not meet the criteria at present.
Company Name 17-Jun 16-Jun % Change
Rajratan Global 218.6 182.2 20.00 The Indian biotech and lifesciences industry recorded the fastest pace of growth in the
Padmalaya Telefilms 6.4 5.4 20.00 last five years in 2010-11 to touch revenues of $4 billion (Rs 18,399.34 crore), according to
Man Industries 150.8 137.1 10.00 a survey.
Scenario Media 88.4 84.2 5.00 0
Money Matters Financial 76.9 73.3 5.00 Bata India Ltd (BIL), leading footwear maker, has denied news of a share sale. In a press
release on Friday the company said it is not aware of any such purported acquisition of
substantial shares of BIL and there does not appear to be any basis for such speculation.
India's coffee production may decline by about 10% in FY12 season beginning
October due to sporadic rains early this year, industry experts have said.
BSE Lower Circuit Breakers Maruti Suzuki ended a 13-day strike by employees that had crippled production and led
Company Name 17-Jun 16-Jun % Change to more than $90 million in lost output for India's largest car maker, a spokesman said on
Acrow India 135.1 142.2 (5.00) Friday.
Arrow Sec 8.6 9.0 (5.00)
Infrastructure Development Finance Co (IDFC) has signed an agreement with Africa
Bombay Oxygen 6651.8 7001.3 (5.00)
Finance Corp (AFC) to help Indian companies enter the continent to expand in
Frontline Bsns 27.6 29.1 (5.00) infrastructure, logistics, mining, power and telecom.
Indian Terrain Fashions 134.3 141.4 (5.00)
Packaging materials maker Essel Propack has signed a long-term agreement with
Colgate-Palmolive India to set up a plant in Goa at an investment of Rs 40 crore.
Cadila Healthcare, a part of Zydus Group, said its US-based unit has entered into an
agreement to acquire the assets of Nesher Pharmaceutical Inc for an undisclosed amount.
Betting big on online retailing, Future Group said it was targeting daily sales of at least Rs
1 crore from its online portal FutureBazaar by the end of the current fiscal.
COMMODITY 17-Jun 16-Jun % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 113 114 (1.16)
Gold (Rs/10gm) 22,604 22,499 0.47 Brent Crude Oil closed down by 1.16% at $113 per barrel . Gold closed up by 0.47% at Rs
22,604 and silver closed up by 0.81% at Rs 53,775.
Silver (Rs/kg) 53,775 53,344 0.81
The Indian Rupee closed lower against the dollar at Rs 44.91 as the Indian equity
CURRENCY 17-Jun 16-Jun % Change benchmarks ended on a negative note.
INR / USD 44.86 44.91 (0.11)
USD / Euro 1.42 1.41 0.71
Yen / USD 80.29 80.68 (0.48)

3. June 20, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
VIDEOIND 181.0 185.0 2.21 KEFI Minerals, an AIM-quoted gold and copper exploration company with projects in
RUCHISOYA 96.5 97.8 1.30 Turkey and the Kingdom of Saudi Arabia, is pleased to announce the grant of the first
CHENNPETRO 226.1 229.0 1.28 mineral Exploration Licence in Saudi Arabia to the Gold & Minerals ("G&M") Joint
OPTOCIRCUI 280.0 283.0 1.05 Venture (the "Licence"). The Licence has been granted by the Kingdom of Saudi
TRIVENI 38.1 38.5 1.05 Arabia's Deputy Ministry for Mineral Resources ("DMMR").
HEXAWARE 68.5 69.2 0.95
BAJAJHLDNG 753.5 720.6 (4.37) India will award a record 7,300 kms of road building contracts this year worth about
$12 billion, as a huge privatisation drive makes developers more willing to take on
BAJAJ-AUTO 1333.6 1,300.1 (2.51)
projects and foreign funds eager to invest.
ASHOKLEY 49.1 48.3 (1.73)
BANKBARODA 859.7 845.0 (1.71) The Securities and Exchange Board of India (Sebi) may finalize takeover rules by end-
CESC 288.8 284.5 (1.49) June, a senior finance ministry official said on Friday, adding the trigger point for
COREPROTEC 291.0 287.0 (1.37) making open offers may be raised to 25% from 15% currently.
INSTITUTIONAL ACTIVITY (Rs Cr) 09-Jun 08-Jun YTD Bank credit grew by Rs 282.63bn during the fortnight ended June 3, 2011. According to
FII Cash Net 146 175 4,898 the latest RBI data, bank credit rose by ~21% on a year-on-year basis to Rs 39.8 lakh
FII Stock Futures (145) (270) (2,469) crore at the end of June 3, from Rs 32.9 lakh crore in the year-ago period. Deposits
FII Index Futures (392) (268) 10,171 during the fortnight went up by Rs 583.41bn. On a year-on-year basis, deposits grew by
18.2% during the fortnight ended June 3. For the current financial year, the RBI has
Mutual Fund 45 22 1,792
projected a 19% growth in credit and 17% rise in deposits. In the last financial
year, bank advances expanded by 21%, exceeding RBI’s expectations, while deposits
VALUATIONS P/E P/B DIV YLD grew by just 16%. Banks' investments in government securities that qualify for
BSE 19.4 3.6 1.1 statutory liquidity ratio (SLR) went up by Rs 292.94bn during the fortnight ended June
NSE 20.3 3.4 1.3 3.
BSE500 Mcap/GDP Ratio 0.60
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Tata Steel 572.3 3.45 Jyothy Lab 216.7 7.55 Company 150.8 9.99
Bharti Airtel 380.4 2.58 Shriram City Uni 566.8 3.48 Man Inds-$ 235.4 5.18
Reliance Comm 95.1 1.49 Godrej Inds 202.7 3.13 Timken India 32.6 5.00
Reliance Infra 580.5 0.97 Eclerx Serv 808.4 2.75 NEWINFRA 76.9 4.98
NTPC 178.7 0.93 Parsvnath Dev 44.3 2.43 Money Matters 27.7 4.93
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
TCS 1110.5 -3.6 GTL 339.9 -16.48 Tilaknagar Inds-$ 36.15 -9.74
RIL 868.4 -2.21 GTL Infra 29.7 -7.33 Sutlej Textiles 192.30 -9.68
Mahindra & Mahindra 645.0 -2.02 TTK Prestige 2503.0 -5.71 SE Investments 10.87 -7.41
Hindalco Inds 169.9 -1.96 COX KINGS 386.4 -5.14 LLOYDS MET E 41.50 -6.74
Maruti Suzuki 1167.4 -1.85 Prism Cement 44.8 -5.08 Om Metals 38.60 -6.31
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Paramount Printpack Ltd Crosseas Capital Services Pvt. Ltd. BUY 0.71% 27.1
Prithvi Information Solut Rajat Gandhi BUY 0.84% 37.4
Ramco Industries Ltd Ramasubrahmaneya Rajha Ramasamy Rajha Poosapadi BUY 0.15% 43.9
Neha International Ltd A3N Holdings SELL 0.58% 161.5
Shalimar Paints Ltd R.M. Share Trading Pvt Ltd SELL 2.29% 498.4
BSE
Asahi Infra Indravarun Trade Impex Pvt Ltd BUY 0.71% 10.9
Paramount Print Crosseas Capital Services Private Limited BUY 2.87% 27.6
SCOPE IND Lakshmanarao Kondaveti BUY 0.75% 63.2
Tata Coffee A K G Securities And Consultancy Ltd SELL 2.01% 820.3
Micro Forge Rekha Garg SELL 1.29% 2.2