1. February 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 02-Feb 01-Feb % Change COMMENTARY
BSE Sensex 18,090 18,022 0.38 INDIA
NSE Nifty 5,432 5,417 0.27 After a solid start and a promising day,the bears re-asserted their supremacy in the last hour of trade
BSE Midcap 6,754 6,756 (0.03) to cut short the dominance of the bulls through most part of the trading session the close was highly
BSE Smallcap 8,362 8,356 0.07 disappointing with the key stock indices ending just a tad higher owing to a sudden decline in the last
half an hour or so. The Indian markets ended the day with modest gains, snapping a five-day losing
Nifty Junior 10,742 10,737 0.04
streak. The benchmark indices took an ugly turn in late trading led by weakness in select index
CNX Midcap 7,756 7,776 (0.26) heavyweights like L&T, Hero Honda, Bajaj Auto, Cipla and SBI.However, bucking the negative trend
were stocks such as RIL, ICICI Bank, TCS, Tata Motors, Bharti and Sterlite Industries.The BSE
Sensex gained 68 points to close at 18,090 and the NSE Nifty was down 14 points to end at
GLOBAL MARKETS 02-Feb 01-Feb % Change 5,432.The broader indices under-performed their frontline peers, dragging the market breadth down
Dow Jones Ind (USA) 12,042 12,040 0.02 in late trade.
Nasdaq Composite(USA 2,749 2,751 (0.07) The market breadth was marginally positive. Out of 2979 stocks traded on the BSE, there were 1421
S&P 500 (USA) 1,304 1,308 (0.31) advancing stocks as against 1382 declines.
FTSE 100 (UK) 5,996 5,958 0.64
DAX (Germany) 7,184 7,184 0.00 GLOBAL MARKETS.
Nikkei 225 (Tokyo) 10,457 10,274 1.78 Stocks were mixed Wednesday, a day after the Dow Jones industrial average closed at its highest
level in two and a half years.Most U.S. stocks fell, with the Standard & Poor’s 500 Index dropping
Hang Seng (Hong Kong 23,908 23,483 1.81
from near its highest valuation since June, as earnings reports from companies including Broadcom
Shanghai Comp (China) 2,799 2,791 0.29
Corp. and Aflac Inc. disappointed investors and anti-government protests in Egypt worsened. About
KOSPI (South Korea) 2,072 2,070 0.10 four stocks declined for every three that rose on U.S. exchanges. The S&P 500 retreated 0.3 percent
STI (Singapore) 3,211 3,185 0.82 to 1,304. The Dow Jones Industrial Average advanced 1.81 points, or less than 0.1 percent, to
MSCI Emerging Market 422 425 (0.71) 12,042.
MSCI Frontier Market 605 600 0.83 Asian markets have opened on a mixed note Nikkei is 0.34% .
BOND MARKETS 02-Feb
02 F b 01-Feb
01 F b Change
Ch CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.17 8.18 (0.01) State-owned Indian Oil Corporation (IOC) said it is losing Rs 189 crore per day on selling auto
1yr G-Sec Yield 7.22 7.22 0.00 and cooking fuel below cost as global crude oil prices shot up to $102 per barrel.
LIBOR (6m) 0.45 0.46 (0.01)
LIBOR (1m) 0.25 0.26 (0.01) Bajaj Auto reported an 18 per cent jump in sales during January, 2011, driven by smart growth in
Interbank Call rate 6.8 6.9 (0.17) demand for the company's popular Pulsar and Discover motorcycle models.The company sold
313,583 units during the month, with Pulsar and Discover constituting 68% of the total volume.
Bharti Airtel, India's top mobile phone carrier, posted a bigger-than-expected 41.01% fall as
BSE Turnover Rs Cr('000) Sensex weaker margins from its African operations and currency fluctuations took a toll. The net profit was
18800 4.0 posted at Rs 1,303 crore for the third quarter December 2010 as compared to Rs 2,209 crore in the
18600 corresponding quarter in the previos year.The total income increased to Rs 15,781.8 crore for the
3.8 quarter ended December 31, 2010, up 52.87% from Rs 10,323.5 crore for the third quarter in the
18400 previous year.
3.6
18200
3.4 Offshore and oilfield services firm Great Offshore on Wednesday posted a 96% fall in net profit in
18000 October-December, dragged down by lower operating income, soft charter hire rates and lower
17800 3.2 revenue days.The firm's net profit during the quarter was Rs 1.83 crore compared with Rs 49.54
crore while total income fell nearly 21% to Rs 198 crore.
17600 3.0
27-Jan 28-Jan 31-Jan 1-Feb 2-Feb
Tata group firm Voltas registered a 9.9% decline in its net profit at Rs 68.83 crore for the quarter
ended December 31, 2010 over the same period last fiscal.During the quarter under review, the
company's net sales increased by 5.2% to Rs 1,039.28 crore from Rs 987.46 crore in the year ago
period.
NSE Turnover Rs Cr('000) Nifty
5650 18
16 The country's premier bourse Bombay Stock Exchange (BSE) reported a net profit of Rs 54.45
5600 crore for the third quarter ended December 31, 2010.While, the company's profit after tax was Rs
14
5550 12 55.42 crore in the October-December quarter of 2009.
5500 88.38 #DIV/0!
10
5450 8 Hinduja Group flagship firm Ashok Leyland reported 2.03% decline in its commercial vehicle sales
5400 6 at 7,711 units for January 2011 compared to the same month previous year.The company had sold
4 7,871 units in the same month 2010.
5350 2
5300 0 Engineering firm Greaves Cotton said that it has entered into a long term agreement with
27-Jan 28-Jan 31-Jan 1-Feb 2-Feb Mahindra & Mahindra (M&M) to supply single cylinder engines for three-wheelers.
`

2. February 3, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 02-Feb 01-Feb % Change CORPORATE NEWS
Realty 2,190 2,139 2.40 SJVN Ltd (formerly Satluj Vidyut Nigam Ltd) reported a 3.25% rise in its net profit to Rs
Oil&Gas 9,455 9,283 1.85 191.50 crore for the quarter ended December 31, 2010, over the same period a year
Teck 3,726 3,686 1.09 ago.The company had reported a Rs 185.46 crore net profit in the same quarter last fiscal.
It 6,360 6,303 0.90
Jet Airways has reported an increase in its Q3 net profits at Rs 118 cr against Rs 106 cr
Metal 16,124 15,987 0.86
yoy.Income from operations reported at Rs 3,260 cr compared to Rs 2,720 cr yoy.
Fmcg 3,301 3,298 0.09
Hc 6,152 6,152 0.01 Two wheeler maker Hero Honda posted a 19.9% decline in its net profit to Rs 429 crore in
Auto 8,635 8,643 (0.09) the third quarter ended December 31, 2010 over the same period last fiscal. The
Psu 8,619 8,631 (0.13) company had a net profit of Rs 535.7 crore in the quarter ended December
31, 2009. During the quarter under review, the company's net sales stood at Rs 5,118.19
Bankex 11,869 11,890 (0.17) crore, a 34.1% increase from Rs 3,814.4 crore posted in the corresponding quarter last
Cd 5,922 5,941 (0.32) fiscal.
Cg 13,062 13,189 (0.96)
Power 2,666 2,702 (1.34) State-run India Infrastructure Finance Company (IIFCL) is planning to raise Rs 1,200
crore through issue of tax-free bonds for funding infrastructure projects.
The Rourkela Steel Plant (RSP) is all set to reach its production target of 2.3 million tonne
in the current fiscal after maintaining its growth momentum during the first ten months of
year.
India's top cigarette maker ITC, which also makes packaged food, consumer goods and
BSE Upper Circuit Breakers runs hotels, plans to raise packaged food prices by 7-8% going forward.
Company Name 02-Feb 01-Feb % Change
Asian Star 1,032.0 860.0 20.00 Jai Corp Ltd has posted a net profit of Rs. 239.90 mn for the quarter ended December
Circuit Systems 9.9 9.0 10.00 31, 2010 as compared to Rs. 155.90 mn for the quarter ended December 31, 2009. Total
Income has increased from Rs. 1069.00 mn for the quarter ended December 31, 2009 to
Galaxy Entertainment 22.0 20.0 10.00
Rs. 1327.70 mn for the quarter ended December 31, 2010.
INCA Finlease 494.0 470.5 5.00 0
Symphony 880.2 838.3 5.00 ICICI Bank Ltd, India’s largest private sector bank, and the Indian Army has signed a
Memorandum of Understanding (MoU) on extending the modern banking products and
services to the army personnel.
GlaxoSmithKline Consumer Healthcare Limited (GSKCH) declared its financial results
for the year ended December 31, 2010. Net sales at Rs23.06bn recorded an impressive
growth of 20% over 2009 with PAT at Rs3bn growing by 29 % for the same period.
BSE Lower Circuit Breakers
Persistent Systems, a leader in outsourced software product development (OPD)
Company Name 02-Feb 01-Feb % Change
services, announced that it has entered into a definitive agreement to acquire the OPD
Shree Global Trade 260.4 325.5 (20.00) business of Infospectrum, Inc and its subsidiary - Infospectrum India Private Limited.
Pioneer Dist 84.1 93.4 (10.00) Persistent Systems’ acquisition of Infospectrum’s business will contribute to the Company’s
Neha Int 103.7 109.1 (5.00) strategic thrust by providing better customer foothold in domains identified by them as their
Ensa Steel 13.0 13.6 (5.00) growth areas.
Blue Coast 257.5 271.0 (5.00) KNR Constructions secured an order worth Rs. 333 crore from Oriental Structural
Engineering for construction of four laning roads in the state of Madhya Pradesh.
Drug firm Wockhardt posted a consolidated net profit of Rs 141.67 crore for the third
quarter ended December 31, 2010.The company had a net loss of Rs 181.23 crore in the
same period previous fiscal.
Hindustan Construction Company (HCC) bagged a Rs 345.30 crore
engineering, procurement and construction (EPC) order from Gujarat government's
undertaking Sardar Sarovar Narmada Nigam for the construction of a 57 km canal.
COMMODITY 02-Feb 01-Feb % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 90.6 91.2 (0.64)
Gold (Rs/10gm) 19,814.0 19,736.0 0.40
Silver (Rs/kg) 43,475.0 43,410.0 0.15 Light Sweet Crude Oil on Wednesday lost 0.64% closing at $90.6 per barrel. Gold
closed up by 0.40% at Rs 19,814 and Silver closed up by 0.15% at Rs. 43,475.
CURRENCY 02-Feb 01-Feb % Change
The Indian Rupee closed higher against the dollar at 45.58 as the Indian equity
INR / USD 45.58 45.79 (0.46) benchmarks ended on positive note.
USD / Euro 1.38 1.37 0.73
Yen / USD 81.45 81.56 (0.13)

3. February 2, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
CONCOR 1197.5 1,210.0 1.05 The US manufacturing sector grew at its fastest pace in nearly seven years in
PANTALOONR 285.8 288.6 0.96 January and signs of inflation jumped more than expected as a recovery in the
SOBHA 243.9 246.2 0.94 world's biggest economy gained traction.
STRTECH 53.3 53.7 0.85
RUCHISOYA 107.1 108.0 0.84 The government today said India's textiles industry, employing over 90 million
CHENNPETRO 209.4 211.1 0.84 people, is likely to triple and touch $220 billion by 2020.
NATIONALUM 406.6 388.4 (4.46)
China's trade registered robust growth all round the globe last year, especially
SCI 114.1 111.5 (2.24)
with emerging markets like India as well members of ASEAN, while its own
ACC 991.0 974.9 (1.63)
trade volumes went up to $2.97 trillion, registering an impressive growth of
NTPC 180.3 178.7 (0.89) 34.7%.
RECLTD 250.1 248.3 (0.70)
ESCORTS 119.4 118.8 (0.54) A survey sponsored by the Reserve Bank of India (RBI) has revised the
country's economic growth projections for the current fiscal to 8.7%, from
INSTITUTIONAL ACTIVITY (Rs Cr) 21-Jan 20-Jan YTD 8.5% earlier.
FII Cash Net (835) 38 129,439
FII Stock Futures 82 3,999 (12,040) Europe yesterday offered to step up assistance to Egypt in its transition to
FII Index Futures (814) (923) (10,840) democracy and expressed support for the "legitimate aspirations" of its
28 71 (27,937) people.
Mutual Fund
VALUATIONS P/E P/B DIV YLD
BSE 19.8 3.4 1.2
NSE 20.2 3.4 1.2
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 Motors 1,110.85 3.93 Prakash Inds 101.1 9.95 Asian Star 1032 20
RIL 921.40 2.88 Jain Irrigation 172.7 9.65 Astra Micro 47.45 12.17
DLF 227.10 2.85 KS Oils 40.65 8.69 Lloyds Metal 46.5 7.89
Bharti Airtel 323.25 2.75 Eicher Motors 1070.6 6.4 Ganesh Hous 166.95 7.71
TCS 1,178.90 2.48 KEC Intl 90.2 5.68 Atco Corp 99 7.61
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1,523.05 -5.27 Shree Global Trd 260.4 -19.99 Gemini Comm 19.55 -9.91
BHEL 2,138.25 -2.69 City Union Bank 38.45 -7.9 Sarda Energy 230.8 -9.37
NTPC 180.30 -2.65 JSL Stainless 86 -6.37 Marathon Next 185 -8.51
Bajaj Auto 1,217.60 -2.3 Sobha Dev 241.1 -6 Apar Inds 192.6 -8.04
HDFC 618.00 -2.22 MAH HOLIDAY 352.75 -5.56 Time Techno 44.5 -7.87
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
Vivimed Labs Niraj Rajnikant Shah BUY 4.54% 304.0
Gravita India Crosseas Capital Services BUY 1.50% 266.1
Everonn H P Share Shoppe BUY 2.34% 693.5
XPRO India Chander Kanta SELL 2.30% 70.3
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0