The Indian equity markets opened with modest gains on July 4, 2011 following positive global cues. The Sensex ended up 0.28% at 18,815 points and the Nifty closed at 5,651 points, up 0.41%. Most other indices such as BSE Midcap and Smallcap also closed in the green. In global markets, stocks in Europe rose while Asian markets traded mixed. Commodity prices were also mixed with gold prices up but crude oil prices down. The rupee closed higher against the dollar. Several corporate deals and earnings were also announced.

1. July 5, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 04-Jul 01-Jul % Change COMMENTARY
BSE Sensex 18,815 18,763 0.28 INDIA
NSE Nifty 5,651 5,627 0.41 The Indian equity markets kicked off the week with modest gains after European finance ministers
BSE Midcap 6,965 6,902 0.92 authorized a loan payout to Greece and US manufacturing accelerated in June. The markets started the day
BSE Smallcap 8,322 8,224 1.19 with a bang in the wake of firm global cues, with the BSE benchmark gaining nearly 200 points and the Nifty
Nifty Junior 11,417 11,292 1.11 testing the crucial 5,700 mark at opening bell. The Asian bourses were going strong; Hang Seng, Nikkei and
Shanghai were up more than 1% each, but the markets surrendered a part of their gains in the early trade.
CNX Midcap 8,094 8,026 0.84
The markets eventually managed to close on a confident footing in the wake of continued stability on the
global front. The Sensex ended at 18,815, higher by 0.28% and the Nifty ended at 5651, up 0.41%. The BSE
Midcap index ended at 6965, higher by 0.92% and the BSE Smallcap index closed at 8,322, up 1.12%.
GLOBAL MARKETS 04-Jul 01-Jul % Change The market breadth was positive. Out of 2,964 stocks traded on the BSE, there were 1,768 advancing stocks
Dow Jones Ind (USA)* 12,583 12,583 0.00 as against 1,073 declines.
Nasdaq Composite(USA)* 2,816 2,816 0.00
S&P 500 (USA)* 1,340 1,340 0.00
FTSE 100 (UK) 6,018 5,990 0.46 GLOBAL MARKETS
DAX (Germany) 7,443 7,419 0.32
Nikkei 225 (Tokyo) 9,965 9,868 0.98 *US markets were closed on 4th July 2011. on account of Independence Day. Stocks rose in Europe and
Greek two- year notes advanced for a fifth day after officials approved an aid payment to Greece to prevent a
Hang Seng (Hong Kong) 22,771 22,398 1.66
default. Zinc climbed to a two-month high and oil advanced. Europe’s finance ministers authorized an 8.7
Shanghai Comp (China) 2,813 2,759 1.94
billion-euro ($12.6 billion) loan payout to Greece by mid-July and said they would aim to complete talks with
KOSPI (South Korea) 2,145 2,126 0.92 banks on maintaining their Greek debt holdings within weeks.
STI (Singapore) 3,153 3,139 0.46
MSCI Emerging Market 444 445 (0.22) Asian markets are trading mixed as Nikkei is up 0.18%, Hang Seng is flat, Strait Times is down 0.45%, Kospi is
MSCI Frontier Market 545 545 0.00 up 0.17% and Shanghai is down 0.15%.
BOND MARKETS 04-Jul 01-Jul Change
10yr G-Sec Yield 8.35 8.35 0.00 CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.29 8.29 0.00 The Bhubaneswar based ARSS Infrastructure Projects Limited, focusing on construction of railway
LIBOR (6m) 0.39 0.39 0.00 infrastructure, roads, highways & bridges has announced that it has received a new work order from the
LIBOR (1m) 0.16 0.16 0.00 Chief Engineer, World Banks Projects,Odisha, Bhubaneshwar for Rs. 246mn.
Interbank Call rate 7.55 7.60 (0.05)
Prime Focus Ltd. on Monday clarified that it is exploring various possibilities of raising funds through
private equity / institutional investment / strategic investment / listing of foreign subsidiary Company(ies).
The Company also said that it has appointed Merchant Bankers for exploring and advising on various
BSE Turnover Rs Cr('000) Sensex alternatives for raising funds.
18900 3.1
3.0 Bajaj Auto's motorcycle sales rose 14% to 3.22 lakh units and commercial vehicle sales jumped 34% to
18800
43,830 units in June 2011 over June 2010. Exports rose 25% to 1.42 lakh units in June 2011 over June 2010.
18700 2.9 The company said premium bikes such as Pulsar and Discover contributed 66% of total motorcycle sales in
2.8 June 2011. Bajaj Auto's total sales rose 18% to a record 10.92 lakh units in Q1 June 2011 over Q1 June 2010.
18600
2.7
18500 2.6 Punj Lloyd is seeking shareholder approval to expand into manufacturing, assembly and repair of general
18400 and special purpose equipments, it said in a statement to the Bombay Stock Exchange on Monday.
2.5
18300 2.4 The private equity arm of Standard Chartered has bought 12% of Redington India from a promoter and
28-Jun 29-Jun 30-Jun 1-Jul 4-Jul a strategic investor for about Rs 435 cr ($98 million), the supply chain management company's managing
director said on Monday. A promoter and Taiwan-based Synnex Technology International Corp, a strategic
investor in the firm, have cut their stake in Redington.
NSE Turnover Rs Cr('000) Nifty This is a big setback to Aditya Birla group firm Idea Cellular, the Delhi High Court have said that the six
5660 18 licences of Spice Communications would not be transferred to Idea, which acquired it in 2008, as the
5640 16 company did not comply with the licence and merger guidelines. The court also slapped a fine of Rs 1
5620 14 crore for not giving the correct information to the court.
5600 88.38 #DIV/0! 12
5580 10 State-run Coal India has floated a global tender, inviting financial institutions to advise it on over Rs 150-
5560 8 crore fresh investment proposal for boosting local output. State-run Coal India has floated a global tender
5540 6 inviting financial institutions to advise it on over Rs 150-crore fresh investment proposal for boosting local
5520 4 output.
5500 2
5480 0
Blue Star Infotech (BSIL) has entered into a partnership with QlikTech where BSIL will deliver solutions
28-Jun 29-Jun 30-Jun 1-Jul 4-Jul based on QlikTech’s business discovery platform QlikView.

2. July 5, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 04-Jul 01-Jul % Change CORPORATE NEWS
REALTY 2,157 2,081 3.66% NCC reported that the company secured construction orders aggregating to Rs. 815
CD 6,732 6,601 1.99% crore.
BANKEX 12,994 12,854 1.09%
AUTO 8,862 8,782 0.91% KSK Energy Ventures reported that the company's board have approved selling 26
PSU 8,643 8,571 0.84% windmill assets of the company, aggregating to 31.8 megawatt in Tamil Nadu to its
OIL&GAS 9,100 9,039 0.68% unit KSK Wind Mill Energy.
HC 6,419 6,377 0.67%
DLF reported that the company plans to sell its shareholding in two IT special
POWER 2,637 2,623 0.52%
economic zones in Pune and Noida for Rs. 1300 crore.
METAL 15,194 15,148 0.30%
TECk 3,710 3,701 0.26% Compact Disc India announced that the company's board will meet on 8 July 2011 to
IT 6,161 6,148 0.21% review and reconsider the proposed delisting of the equity shares of the company.
FMCG 4,040 4,048 -0.21%
CG 13,843 13,883 -0.29% D. B. Corp Ltd has announced the launch of 2nd Edition of Dainik Divya Marathi in
Nashik, Maharashtra.
Pantaloon Retail's (India) managing director Kishore Biyani reported, that Pantaloon
Retail is open to selling a stake in financial services arm Future Capital Holdings.
United Spirits Ltd reported that the company has acquired a further 19.99% equity
BSE Upper Circuit Breakers stake in Sovereign Distilleries Limited on July 01, 2011.
Company Name 04-Jul 01-Jul % Change
Bil Energy Systems 29.8 24.8 20.00 Glenmark Pharmaceuticals Ltd, Glenmark Generics Ltd and Glenmark Generics Inc,
Warren Tea 365.0 304.2 20.00 USA announced the settlement of litigation with Daiichi Sankyo, Inc and Genzyme
Gulshan Chemfill 7.7 7.0 10.00 Corporation regarding Glenmark’s Abbreviated New Drug Application (ANDA) filed
Lippi Systems 8.8 8.0 10.00 with the US Food and Drug Administration for Colosevelam Hydrochloride.
0
Zandu Realty 2,153.4 2,050.9 5.00
Mobile entertainment and content provider Nazara Technologies has partnered
Micromax to embed games from publishers like Electronic Arts on the mobile handset
maker's devices. Nazara is the exclusive partner for EA in India and will offer over 40 key
titles from the EA catalog to Micromax consumers.
Page Industries Ltd has entered into an exclusive licensing agreement with Speedo
BSE Lower Circuit Breakers International Ltd for the manufacture and distribution of Speedo brand swim wear,
Company Name 04-Jul 01-Jul % Change water shorts, apparel, equipment and footwear with effect from July 01, 2011.
Timbor Home 55.6 61.7 (10.00)
Rathi Graphic Technologies 9.3 10.3 (10.00) State-run MMTC has invited tender to export 30,000 tonnes of basic grade pig iron for
Maharashtra Elektrosmelt 274.6 289.0 (5.00) shipment by the second half of July. By the first half of August an additional 30,000
Sri Arumuga Enterprise 73.3 77.1 (5.00) tonnes is also available at sellers' option for shipment. The last date for submission of
(5.00) tender is July 15,2011.
Subhkam Capital 92.6 97.5
Delhi-based Escorts group is planning to list its three big business verticals as separate
entities. In the process, Escorts will hive off the railway component and auto
component businesses.
Out of the eight notable companies whose warrants were due for conversion in the
past four months, promoters of seven firms exercised conversion option higher than
the market price. These companies include Amtek Auto, HCL Infosystems, Sterlite
Technologies, Gati , Micro Tech, Twilight Litaka and Trigyn Tech.
COMMODITY 04-Jul 01-Jul % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 111 112 (0.53)
0.51 Brent Crude Oil closed down by 0.53% at $111 per barrel . Gold closed up by 0.51% at
Gold (Rs/10gm) 21,731 21,620
Rs 21,731 and silver closed up by 1% at Rs 50,387.
Silver (Rs/kg) 50,387 49,868 1.04
CURRENCY 04-Jul 01-Jul % Change The Indian Rupee closed higher against the dollar at Rs 44.39 as the Indian equity
INR / USD 44.39 44.61 (0.49) benchmarks ended on a positive note.
USD / Euro 1.45 1.45 -
Yen / USD 80.69 80.92 (0.28)

3. July 5, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
CHENNPETRO 229.0 232.0 1.33 Eleven out of 15 ministers of Andhra Pradesh cabinet hailing from Telangana region
DCHL 70.5 71.3 1.13 on Monday resigned from their posts as well as membership of the legislative
INDIAINFO 87.0 88.0 1.09 assembly on separate statehood issue but maintained that it was "not to defy"
GMRINFRA 33.5 33.9 1.04 Congress high command.
HEXAWARE 73.2 74.0 1.02
ALOKTEXT 26.0 26.3 0.96 An increase in global demand for coffee has caused a 16% rise in global coffee
VIDEOIND 199.6 189.9 (4.88) exports as against the previous year, according to International Coffee Organization
(ICO).
TATAMTRDVR 553.0 534.5 (3.35)
UCOBANK 97.9 95.2 (2.76)
Marine exports declined by 4.5% year-on-year in May to $146 million, on account of
3IINFOTECH 47.7 46.5 (2.62) less demand from its main markets like Europe and Japan.The exports stood at $153
POLARIS 188.9 184.5 (2.33) million in May last fiscal, according to the figures released by the Marine Products
PIRHEALTH 394.6 386.0 (2.19) Export Development Authority (MPEDA).
INSTITUTIONAL ACTIVITY (Rs Cr) 24-Jun 23-Jun YTD Global private equity deals touched a record high of $76 billion in the April-June
FII Cash Net 1,022 484 2,845 period, up by 33% from the previous quarter, says a study. The June quarter figures
FII Stock Futures 482 (79) (2,541) were up by 33% from deals valued at $56.5 billion in the January-March period of
FII Index Futures 2,788 162 12,941 2011, according to data compiled by global research firm Preqin.
Mutual Fund 58 234 2,960
Being one of the largest energy consumers in the world, India will need investments
worth 600 billion dollars (about Rs. 27 lakh crore) in the next two decades across
VALUATIONS P/E P/B DIV YLD
various segments of hydrocarbon chain, apex chamber ASSOCHAM said. These
BSE 19.9 3.5 1.4 investments will be essential to increase the energy supply and improve
NSE 20.8 3.5 1.3 infrastructure to enable it, said The Associated Chambers of Commerce and Industry
BSE500 Mcap/GDP Ratio 0.58 of India (ASSOCHAM).
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Reliance Infra 578.7 6.84 Anant Raj Inds 71 13.6 Warren Tea 364.95 19.99
DLF 233.6 6.01 Peninsula Land 52.65 8.78 Steel Strp Whls 299.15 11.66
Reliance Comm 100.6 3.29 REI Agro 27.6 7.18 SE Investments 14.66 9.98
Hindalco Inds 189.95 1.9 TATAGLOBAL 104.4 6.69 VIP Inds 836.25 9.59
Tata Motors 1012 1.76 Shree Renuka Sug 72.95 6.5 Sterling Hol Res 74.95 9.1
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
ITC 199 -1.34 JUBL FOOD 817.3 -5.34 Orient Green Power 17.3 -7.49
L&T 1791.8 -0.88 Shree Global Trd 299.05 -4.69 Aurionpro Sol 155 -5.17
Tata Steel 596.85 -0.86 Godfrey Phil 2842 -3.86 Gemini Comm 23.7 -5.01
NTPC 184.5 -0.81 GTL 94.1 -3.19 Binny 70.85 -4.96
Hero Honda 1890.65 -0.36 INDIAN MET 460 -2.86 NEWINFRA 28 -4.92
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
MindTree Limited Coffee Day Resorts Pvt Ltd BUY 5.68% 428.0
MindTree Limited Ashok Soota SELL 5.50% 428.0
Bharat Forge Ltd Barclays Capital Mauritius Limited SELL 0.55% 307.6
Balrampur Chini Mills Balrampur Chini Mills Ltd BUY 0.86% 62.9
Balrampur Chini Mills Barclays Capital Mauritius Limited SELL 0.87% 61.9
BSE
Circuit Sys Paresh Navnit Vasani BUY 30.10% 13.0
Aanjaneya Trisons Agencies BUY 0.80% 307.0
PFL Infotech Shree Thirumalai Marketing & Investments Ltd BUY 1.34% 321.6
APL Apollo Manoj Gupta SELL 0.66% 142.0
Micro Tech Jaroli Vincom Pvt Ltd SELL 0.65% 132.5