The document summarizes Indian stock market performance on December 29, 2010. It reports that the key BSE Sensex and NSE Nifty indices closed higher by over 1% each, led by gains in consumer durables, FMCG, banking and metals stocks. Broader market indices also closed in positive territory with strong market breadth. Global markets showed mixed performance on the day with US indices closing slightly higher while most Asian markets opened mixed. The document also provides corporate and economic news briefs from India on that date.

1. December 30, 2010
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 29-Dec 28-Dec % Change COMMENTARY
BSE Sensex 20,256 20,025 1.15 INDIA
NSE Nifty 6,060 5,996 1.07 After several days of lackluster trading, the bulls had something to cheer about with the benchmark
BSE Midcap 7,658 7,619 0.52 Indian stock indices closing near the day's high on the back of all-round buying. After starting off at day's
BSE Smallcap 9,511 9,405 1.13 low, markets witnessed a gradual upswing before accelerating the advance in the afternoon trade. The
Nifty Junior 12,016 11,914 0.86 NSE Nifty ended above the 6,050 levels while the BSE Sensex shut shop above the 20,200 levels.The rally
CNX Midcap 8,704 8,648 0.66 was led by Consumer Durables, FMCG, Banking and Metals stocks. Even the broader indices fared
well, leading to a pretty strong market breadth.The BSE Sensex advanced 231 points to close at 20,256
and the NSE Nifty gained 64 points to close at 6,060.The broader indices also ended in green, the BSE
Mid-Cap index was up 0.5% and BSE Small-Cap index was up 1.1%.
GLOBAL MARKETS 29-Dec 28-Dec % Change
Dow Jones Ind (USA) 11,585 11,576 0.08 The market breadth was positive. Out of 3050 stocks traded on the BSE, there were 1489 advancing
Nasdaq Composite(USA) 2,667 2,663 0.15 stocks as against 1265 declines.
S&P 500 (USA) 1,258 1,258 0.00
FTSE 100 (UK) 5,996 6,009 (0.22) GLOBAL MARKETS
DAX (Germany) 6,996 6,972 0.34 In the US markets, late selling pressured stocks, but the major averages still made out with another
Nikkei 225 (Tokyo) 10,344 10,293 0.50 modest gain. Treasuries ticked higher, too. Little attention was paid to the dollar, which dropped
Hang Seng (Hong Kong) 22,969 22,622 1.54 markedly.In key data to watch in US today the weekly jobless claims is seen lower than the previous
Shanghai Comp (China) 2,752 2,734 0.64 week at 415,000 as compared to 420,000. Meanwhile the December Chicago PMI may see a slight dip to
62 after it strengthened in November to 62.5 from 60.6 in October.Dow ended up by 0.08%,S&P 500
KOSPI (South Korea) 2,044 2,033 0.51
ended flat with no gains , Nasdaq ended up by 0.15 %.
STI (Singapore) 3,208 3,184 0.76
MSCI Emerging Market 426 427 (0.23) Asian markets have opened on a mix note Nikkei is down by 1.25%,Hang Seng is up by 0.50%.
MSCI Frontier Market 598 596 0.34
BOND MARKETS 29-Dec 28-Dec Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.04 7.99 0.05 Arab Petroleum Investment Corporation (Apicorp) will sell its 12 per cent stake in Egypt-based
1yr G-Sec Yield 7.33 7.33 0.00 Alexandria Carbon Black Company (ACBC) to Aditya Birla Group , the majority shareholder in the
LIBOR (6m) 0.46 0.46 0.00 company.
LIBOR (1m) 0.25 0.26 (0.01)
Interbank Call rate 6.8 6.9 (0.09) Pratip Chaudhuri , State Bank of India’s deputy managing director, is expected to be the next
chairman of the country’s largest bank.
Punjab & Sind Bank will list today the initial public offering (IPO) of Punjab & Sind Bank has been
BSE Turnover Rs Cr('000) Sensex subscribed 50.75 times.
20300 3.5
20250 3.0 Shares of Gitanjali Gems soared by nearly 10 per cent in early trade on the BSE today amid reports that
20200 the jewellery-maker plans to raise $100-150 million through the sale of an 8-10 per cent stake to private
20150 2.5
investors.
20100 2.0
20050
20000 1.5 Four new thermal power plants of 1,320 Mw each will be set up in Uttar Pradesh to meet the state's
19950 1.0 growing energy needs. While NTPC will be setting up a plant in Bihlaur, Kanpur, Torrent Power will set
19900 up one in Sandila, Wellspun Energy in Ghazipur and TSBC in Khurja.
19850 0.5
19800 0.0 India’s first undersea power transmission project with Sri Lanka is likely to be implemented by 2014. The
23-Dec 24-Dec 27-Dec 28-Dec 29-Dec Power Grid Corporation, India’s largest electricity transmission firm, which will execute the project, will
give the detailed project report (DPR) to the Centre within a month.
Real estate firm, Parsvnath Developers said that it has received occupation certificate for one of its
NSE Turnover Rs Cr('000) Nifty luxury project 'Parsvnath Panorama' in Greater Noida from Greater Noida Industrial Development
6080 14 Authority.Parsvnath Panorama has total 246 units with an approximate area of 7 lakh sq ft and is located
6060 12 at Kachnar Estate in Greater Noida.
6040 10
6020 88.38 #DIV/0! Engineering and construction firm Gayatri Projects said that it has bagged a Rs 1,130.67 crore order for
8
6000 widening of roads in Nagaland in consortia with Maytas Infra.
6
5980
5960 4 Godawari Power and Ispat Ltd has announced that the Board of Directors of the Company has
5940 2 decided to set-up the 50 MW Solar Thermal Power Project awarded to the Company under Jawaharlal
5920 0 Nehru National Solar Mission (JNNSM) Scheme through its 100% subsidiary Company M/s. Godawari
23-Dec 24-Dec 27-Dec 28-Dec 29-Dec Green Energy Ltd. (GGEL).
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2. December 30, 2010
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 29-Dec 28-Dec % Change CORPORATE NEWS
Consumer Durables 6,229 6,111 1.93
After completion of nine upcoming NTPC projects in the eastern states likely in the
FMCG 3,656 3,597 1.64 next five years,Bihar would receive another 2960 MW of electricity, sources in the Power
Metal 17,339 17,087 1.48 ministry said here.
Bankex 13,167 12,978 1.46
Auto 10,054 9,972 0.83 Ruia-led conglomerate Essar Group is in favour of allowing foreign direct investment in
Teck 3,998 3,966 0.82 limited liability partnerships (LLP) as it will help attract overseas funds in capital
PSU 9,310 9,236 0.80 intensive sectors.
Capital Goods 15,223 15,143 0.53
Anil Dhirubhai Ambani Group company Reliance Life Insurance has emerged as the
IT 6,757 6,731 0.40
leading private sector insurer in the country in terms of the number of policies it sold in
Power 2,940 2,929 0.39 the first eight months of the current financial year.
Healthcare 6,671 6,652 0.29
Oil&Gas 10,560 10,530 0.29 MAS GMR Aerospace Engineering Company, 50:50 joint venture between GMR
Realty 2,755 2,747 0.26 Hyderabad International Airport and Malaysian Aerospace Engineering has achieved
financial closure.
The Board of Industrial & Financial Restructuring (BIFR) has declared Alps Industries a
Sick Industrial Company. The company had filed a reference with BIFR in June 2010.
The board of directors of EID Parry India have authorised the company to make
BSE Upper Circuit Breakers necessary application to Luxembourg Stock Exchange (LSE) to delist the company's
Company Name 29-Dec 28-Dec % Change GDRs listed on LSE.
Binani Industries 199.1 165.9 20.00
Symphony 721.8 656.2 10.00 China National Petroleum Corp (CNPC) has approached India's state-run Oil and
Jindal World 340.6 309.6 10.00 Natural Gas Corp to forge an agreement that could provide it access to India’s oil and
ASM Tech 57.8 55.0 5.00 gas assets, an0Indian financial daily reported on Wednesday, citing two unnamed
TAK Machinery 160.7 153.1 5.00 officials with direct knowledge.
The government will decide on developer Lavasa Corp's township project near Pune
by January 10, Environment Minister Jairam Ramesh said on Wednesday.
UAE-based telecom major, Etisalat, has launched a high capacity fibre optic submarine
cable in collaboration with eight other global telecom players, including Bharti Airtel
BSE Lower Circuit Breakers and Tata Communications.
Company Name 29-Dec 28-Dec % Change
Centrum Capital 1149.7 1210.1 (5.00) India-based Welspun Corp has bought 35 per cent of Australian Leighton Holdings for
Spectacle 45.3 47.7 (5.00) around USD 104 million in a bid to build strategic partnership.
SVC Resources 36.7 38.6 (5.00)
Production house UTV, which has satiated the appetite of viewers with a mixed
Mayur Leather 56.5 59.4 (5.00)
bouquet of eight movies, including big budget multi-starrer "Raajneeti" and small but
Midfield Industries 100.5 105.7 (5.00) successful outings like "Udaan" and "Peepli Live", is eyeing revenues of Rs 450 crore
($100 million) by March 2011.
Genesys International Corporation Ltd has announced that the Board of Directors of
the Company , has approved to raise additional funds by way of issue of Foreign
Currency Convertible Bonds (FCCBs) and / or Global Depository Receipts (GDRs) and /
or American Depository Receipts (ADRs) and / or Qualified Institutions Placement (QIP)
or through any other mode of securities to the extent of Rs. 3.5bn and to.increase in the
borrowing powers of the Company to the extent of Rs. 4bn.
COMMODITY 29-Dec 28-Dec % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 91.4 91.4 (0.03)
Gold (Rs/10gm) 20,766.0 20,692.0 0.36
Silver (Rs/kg) 45,968.0 45,392.0 1.27 Light Sweet Crude Oil on Wednesday was down by 0.03% at $91.4 per barrel. Gold closed
up by 0.36% at Rs 20,766 and Silver closed up by 1.27% at Rs. 45,968.
CURRENCY 29-Dec 28-Dec % Change The Indian Rupee closed higher against the dollar at 45.04 as the Indian equity
INR / USD 45.04 45.16 (0.27) benchmarks ended on positive note.
USD / Euro 1.31 1.32 (0.76)
Yen / USD 82.20 82.36 (0.20)

3. December 30, 2010
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY NEWS
Core Project 322.1 323.4 0.42
The sales of mobile phones in India grew 3.6 per cent to touch 40 million units
MRPL 72.3 72.6 0.42
during the quarter ended Sep 30, said a study by advisory firm IDC's India quarterly
PFC 308.7 309.9 0.40 mobile handsets tracker, 3Q 2010.
ACC 1083.3 1,087.6 0.40
Nagarjuna Construction 139.0 139.6 0.40 Firms with net worth less than Rs 100 crore are now barred from cost-reduction
Mundra Port 141.4 141.9 0.39 derivative deals that are done to lower loan interest and strike a better exchange
Cumminsind 765.5 760.0 (0.72) rate for exports and imports.
Glaxo 2281.3 2,268.1 (0.58)
Chennpetro 245.9 245.2 (0.28) Industry chamber Assocham asked the Finance Ministry today to reduce corporate
Oil 1400.0 1,396.1 (0.28) tax to 25 per cent from the existing rate of 30 per cent so that India Inc is left with
more money to make big-ticket investments.
GTL Infra 42.5 42.4 (0.24)
Bosch 6291.3 6,277.5 (0.22)
INSTITUTIONAL ACTIVITY (Rs Cr) 10-Dec 9-Dec YTD
FII Cash Net (966) (1,197) 127,565
FII Stock Futures (91) 4 (11,455)
FII Index Futures 812 451 (13,063)
Mutual Fund 406 150 (29,881)
VALUATIONS P/E P/B DIV YLD
BSE 23.3 3.8 1.0
NSE 24.2 3.8 1.0
BSE500 Mcap/GDP Ratio 0.66
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Hindustan Unilever 304.55 3.48 Gujarat Fluo 221.95 7.46 Binani Inds 199.05 19.98
Bharti Airtel 354.00 3.45 Mindtree 544.75 7.04 AP Paper 161.95 19.08
Sterlite Inds 185.15 3.38 Ruchi Soya 110.45 6.46 PVP Vent 12.12 18.82
HDFC Bank 2,330.05 3.23 Greaves Cotton 104 4.73 TTK Healthcare 410.85 17.39
HDFC 717.10 2.44 Hindustan Const 47.4 4.41 Maharashtra Poly 147 13.95
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Cipla 367.3 -0.82 Money Matters 123.7 -4.99 Asian Hotels 248.35 -8.76
Wipro 488.15 -0.66 Shree Ashtavina 8.85 -4.84 Graviss Hospitality 27.75 -6.72
Reliance Comm 138.5 -0.5 United Brew 500.05 -3.6 Elpro Intl 378 -6.44
- - - Amtek Auto 139.15 -2.56 Oscar Invest 376 -6.19
- - - Sterling Intl 194.1 -2.56 Centrum Cap 1149.7 -5
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