The Indian market extended its rally to a fourth straight session, led by gains in IT stocks. The Sensex ended up 465 points at 18,816 and the Nifty rose 132 points to close at 5,654. In global markets, the US indices ended higher while most Asian markets opened mixed. Commodity prices were mixed with gold closing lower but crude oil ending flat. The rupee closed slightly weaker against the dollar.

1. March 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 25-Mar 24-Mar % Change COMMENTARY
BSE Sensex 18,816 18,351 2.53 INDIA
NSE Nifty 5,654 5,522 2.39
BSE Midcap 6,722 6,655 1.00 The bulls had an excellent day on Friday. The Indian market extended its rally to a fourth straight trading
session on Friday, ending the week with smart gains. Friday’s rally was led by IT heavyweights like Infosys,
BSE Smallcap 8,002 7,921 1.02
TCS and Wipro after reports stated that Nasscom has requested the Centre to extend the Software
Nifty Junior 10,944 10,808 1.25
Technology Parks of India scheme for one year. IT stocks also received a boost following strong results from
CNX Midcap 7,824 7,747 0.99 Oracle and Accenture. Telecom, Banking and Realty stocks were among the other big gainers. Technically,
after breaching the 50 DMA on Thursday, the NSE Nifty jumped started its upswing on Friday, inching closer
to the 200DMA which is placed at 5684 levels. The BSE Sensex ended at 18,816 gaining 465 points while,
GLOBAL MARKETS 25-Mar 24-Mar % Change the NSE Nifty rose 132 points to close at 5,654.BSE Mid-Cap index gained 1%, while the BSE Small-Cap index
Dow Jones Ind (USA) 12,221 12,170 0.42 added 1%.
Nasdaq Composite(USA) 2,743 2,736 0.26
S&P 500 (USA) 1,314 1,310 0.32
FTSE 100 (UK) 5,901 5,880 0.35 GLOBAL MARKETS
DAX (Germany) 6,947 6,933 0.20
The US markets ended higher as markets shrugged off weak global cues from West Asia, Japan and
Nikkei 225 (Tokyo) 9,536 9,435 1.07
Portugal. Expectation of positive earnings helped sentiment as Dow Jones Industrial Average gained 0.42%
Hang Seng (Hong Kong) 23,159 22,915 1.06 12,221. Nasdaq Composite added 0.26% 2,743. Standard & Poor's 500 was up 0.32% 1314.In economic data,
Shanghai Comp (China) 2,978 2,946 1.09 jobless claims fell by 5000 to 3,82,000. The four week moving average dropped to 3,85,250, the lowest level
KOSPI (South Korea) 2,054 2,036 0.89 in more than two and a half years.
STI (Singapore) 3,071 3,043 0.92
MSCI Emerging Market 432 430 0.47 Asian markets have open mixed as Nikkei is down 0.36% at 9501 whereas Shanghai is up 0.75% at 3000.
MSCI Frontier Market 562 568 (1.06) SGX Nifty indicates a flat opening as it trades up 8 points.
BOND MARKETS 25-Mar 24-Mar Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.01 7.64 0.37 Reliance Industries said it had restarted its fluidised catalytic cracking unit (FCCU) at its refinery in
1yr G-Sec Yield 7.64 7.58 0.06 Jamnagar, Gujarat.
LIBOR (6m) 0.46 0.46 0.00
Financial services provider Future Capital said that it will exit from its joint venture -- FCH Centrum Direct -
LIBOR (1m) 0.26 0.26 0.00
- with Centrum Capital.
Interbank Call rate 7.7 7.7 0.03
Arvind Mills has entered into an exclusive tie-up with Birla Cellulose, an Aditya Birla Group firm, to create
the world's softest denim fabric for women, marking the textile major's foray into the women's wear
segment.
BSE Turnover Rs Cr('000) Sensex
19000 3.6
18800 3.5 Dubai-based D M Healthcare said that it plans to invest nearly Rs 2,000 crore in the next five years in India
18600 3.4 as its looks to expand operations and increase revenues from the country.
18400 3.3
18200 3.2 Essar Energy is out of the race to buy Royal Dutch Shell Plc's stake in four Nigerian oil fields after the
18000 3.1 Netherlands-based firm rejected its bid.
17800 3.0
17600 2.9 Tata Steel reported that it has transferred the ownership of the assets of its Teesside plant in UK to
17400 2.8 Sahaviriya Steel Industries, for which a pact was reached last month. The company's subsidiary Tata Steel
17200 2.7 UK, which had agreed to sell certain assets of Teesside Cast Products (TCP) to Sahaviriya Steel Industries,
21-Mar 22-Mar 23-Mar 24-Mar 25-Mar has completed the transfer of ownership yesterday, Tata Steel said in a filing to the Bombay Stock
Exchange.
The steel ministry has asked MOIL to initiate steps to increase its manganese ore production capacity to 15
lakh tonne by 2015-16 from 10.93 lakh tonne in 2009-10.
NSE Turnover Rs Cr('000) Nifty
5700 14
12 Leading automobile company Tata Motors said that it has became the first Indian company producing
5600 one lakh commercial vehicles in a financial year.
10
5500 88.38 #DIV/0!
8 Diversifying into renewable energy, state-run SJVN Ltd will set up wind power project having a capacity of
5400 6 50 MW by next year entailing an investment of Rs 300 crore. Hydroelectric power major SJVN has received
4 the board approval for the plans to enter the wind energy sector.
5300
2
State-run Power Finance Corporation's (PFC's) Rs 6,000-crore follow-on public offer (FPO) is likely to hit
5200 0
the market in the second week of May. The FPO of the Navratna PSU is expected to open on May 10 and
21-Mar 22-Mar 23-Mar 24-Mar 25-Mar close on May 13.
Facing a huge penalty of over Rs 26 crore for not following guidelines on re-verification of pre-paid
`
subscribers in the troubled Jammu and Kashmir, Bharti Airtel has asked the J&K division of DoT to take a
lenient view and review the penalty.

2. March 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 25-Mar 24-Mar % Change CORPORATE NEWS
It 6,345 6,100 4.02 State Bank of India, the country's largest lender, is considering raising as much as $5
Teck 3,729 3,603 3.49 billion in dollar bonds to fund high-value loans to Indian firms having international
Bankex 12,926 12,584 2.72 operations.
Realty 2,238 2,179 2.72
Cg 13,019 12,735 2.23 Pipavav Shipyard Ltd said that it has received clearance from the Foreign Investment
Power 2,650 2,606 1.67 Promotion Board for warship building in the defense sector. The clearance will help
Fmcg 3,510 3,455 1.58 Pipavav bid for warship projects of the Indian Navy.
Auto 8,848 8,718 1.49
The Coal Ministry has said state-owned Neyveli Lignite Corporation's (NLC) Rs 312
Oil&Gas 9,980 9,852 1.29 crore wind power project in Tamil Nadu will be commissioned by early next year.
Psu 8,762 8,655 1.24
Metal 15,843 15,716 0.81 Bharti Airtel has no immediate plans for an initial public offering of its telecoms
Cd 5,927 5,881 0.78 tower unit, Akhil Gupta, deputy group CEO at Bharti Enterprises said.
Hc 5,964 5,942 0.37
JSW Steel has raised offer price to acquire up to 20% stake in Ispat industries to Rs
22.25 a share from an earlier offer of Rs 20.54 a share, the manager to the offer said on
Thursday.
Steel pipe maker PSL reported that it will commission its second pipe mill of 75,000
tonne a year capacity at Sharjah in May as the company is anticipating strong demand
BSE Upper Circuit Breakers from West Asia in the coming months.
Company Name 25-Mar 24-Mar % Change
Maan Aluminium 51.4 42.8 20.00 The sectoral tribunal TDSAT yesterday stayed Rs 50 crore penalty imposed by
ZEN Technologies 136.7 114.0 20.00 Department of Telecom (DoT) on Idea Cellular for violating licence conditions by
Bio Pac India 17.9 16.3 10.00 merging the Aditya Birla group firm with Spice Telecom.
Coromandel 229.4 218.5 5.00 0
Neha International 133.5 127.2 5.00 India's top software services exporter Tata Consultancy Services Ltd said that it had
received a contract to provide its banking software technology solution to Shanghai
Rural Commercial Bank.
Improper evaluations by ONGC Videsh (OVL), the overseas arm of state-owned Oil
and Natural Gas Corporation (ONGC) while investing in assets abroad has resulted in a
loss of nearly Rs 2,300 crore, the Comptroller and Auditor General (CAG) said on
BSE Lower Circuit Breakers Saturday.
Company Name 25-Mar 24-Mar % Change
Chennai Meenakshi 7.8 8.6 (10.00) The Balrampur Chini (sugar) Mills Limited has bought back as on date 3,441,536
Fame India 68.6 72.2 (5.00) equity shares through BSE and NSE for a total consideration of approximately Rs 24
RM Mohite 205.5 216.5 (5.10) crore. This represents 21.82 per cent of the Buy Back size of Rs 110 crore, according to
Woodsvilla 36.2 38.1 (5.00) a public notice put up by Company Secretary.
Blue Coast 198.6 209.1 (5.00)
Textiles maker and retailer Raymond plans to invest Rs 25-30 crore in FY12 to expand
its accessories business and add sunglasses to its range.
Power Grid Corp of India said on Friday it plans to add about 18,000 MVA of
transformation capacity in FY12.The state-run firm has targeted an addition of about
6,450 gigawatt-circuit kilometres of extra high voltage transmission lines, it said.
COMMODITY 25-Mar 24-Mar % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 106 106 0.33
Gold (Rs/10gm) 20,805 20,995 (0.90)
Silver (Rs/kg) 55,375 56,856 (2.60) Light Sweet Crude Oil on Friday gained 0.33% closing at $106 per barrel. Gold closed
down by 0.90% at Rs20,805 and silver closed down by 2.60% at Rs 55,375.
CURRENCY 25-Mar 24-Mar % Change The Indian Rupee closed lower against the dollar at Rs 44.76 as the Indian equity
INR / USD 44.76 44.75 0.02 benchmarks ended on positive note.
USD / Euro 1.41 1.42 (0.70)
Yen / USD 81.16 80.91 0.31

3. March 28, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
BOSCHLTD 6181.4 6,246.5 1.05 Foreign ministers from more than 35 countries have so far confirmed they will attend
RELMEDIA 151.1 152.3 0.79 a London conference Tuesday to discuss coalition military action against Libya,
DCB 44.1 44.5 0.79 Britain said.
DABUR 95.9 96.7 0.78
BEL 1683.5 1,696.7 0.78 The Directorate of Factories, Andhra Pradesh, has filed a case against pharma major
SUZLON 45.5 45.9 0.77 Dr Reddy’s Laboratories over lapses in safety aspects at its manufacturing facility at
PIRHEALTH 482.0 450.4 (6.56) Bollaram, in Medak District, around 30 kilometre from here.
COREPROTEC 330.9 324.4 (1.96)
The Central Bureau of Investigation (CBI) will file this week its first charge sheet into
ACC 1037.8 1,023.7 (1.36) the 2G spectrum scam against former Telecom Minister A Raja and some of his close
BATAINDIA 380.3 375.2 (1.34) aides besides a couple of real estate companies for allegedly defrauding the
ABB 783.9 774.9 (1.14) exchequer and entering into a criminal conspiracy in securing the telecom licences.
HEXAWARE 64.45 64 (0.70)
Japanese companies' demand for funding has soared since the March 11 earthquake
INSTITUTIONAL ACTIVITY (Rs Cr) 15-Mar 14-Mar YTD and tsunami, with the country's top three banks seeing a surge in new loan requests,
FII Cash Net 219 507 (5,412) lenders said on Sunday.
FII Stock Futures (61) 289 4,845
FII Index Futures (1,614) 1,262 (2,855) Japanese authorities yesterday detected radioactivity 10 million times higher than
Mutual Fund (85) 32 2,262 normal in water in one of the six reactors at the crippled Fukushima nuclear plant
forcing evacuation of workers, as the government warned that the crisis was far from
over.
VALUATIONS P/E P/B DIV YLD
BSE 20.4 3.5 1.1
NSE 21.5 3.6 1.1
BSE500 Mcap/GDP Ratio 0.61
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
DLF 248.6 6.17 VA Tech Wabag 1290.3 14.07 UB Engineering 89.9 19.95
Infosys 3162.0 5.23 Cox & Kings 426.45 10.02 Thomas Cook 52.95 19.93
NTPC 182.3 3.82 Shree Ashtavina 6.69 9.85 Falcon Tyres-$ 100.95 15.44
Wipro 455.9 3.68 Financial Tech 822.6 6.95 AQUA LOGIST 17.15 13.58
Tata Power 1315.0 3.67 Sterlite Tech 50.5 6.77 Bhagwati Banq 113.05 12.77
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
- - - Shree Global Trd 157.9 -7.17 Tatia Global 7.81 -9.92
- - - Prestige Estates 134.25 -5.16 JINDALCOTEX 102.8 -8.17
- - - KGN Inds 90.65 -4.98 Dion Global Sol 56 -6.28
- - - Jubilant Life 154.9 -3.22 Kama Holdings-$ 412.5 -6.24
- - - DEN NETWORK 93 -2.77 Sezal Glass 2.92 -5.81
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
SUDAR GARM Crosseas Capital Services Pvt. Ltd. SELL 2.30% 119.5
Tata Coffee A K G Securities And Consultancy SELL 1.23% 890.0
Fiem Industries Fiem Industries Limited SELL 2.57% 176.0
BSE
Lovable Lingeri CROSSEAS CAPITAL SERVICES PRIVATE LIMITED BUY 14.00% 259.5
Acropetal Tech JIGYASA PROPERTIES PRIVATELIMITED BUY 3.00% 83.7
Piramal Life PIRAMAL INTERNATIONAL PRIVATE LIMITED SELL 4.00% 106.6
Indian Acrylics DHEERAJ GARG BUY 1.00% 5.3
Splash Media KEMFIN SERVICES PVT LTD SELL 1.00% 35.2