The Indian stock markets ended lower on July 5, 2011 with the BSE Sensex closing at 18,745, down 0.37% and the NSE Nifty closing at 5,632, down 0.33%. Key factors that contributed to the decline included selling pressure in heavyweight stocks and low participation by investors. Most Asian markets were also subdued. Globally, US stocks fell and commodities rose amid concerns about the global economy and debt issues in Europe. Key corporate news in India included KNR Construction winning a road project worth Rs. 580 crore and HUL seeking approval to transfer certain assets to Unilever India Exports.

1. July 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 05-Jul 04-Jul % Change COMMENTARY
BSE Sensex 18,745 18,815 (0.37) INDIA
NSE Nifty 5,632 5,651 (0.33) Indian markets on Tuesday were lacklustre for most part of the day and ended in the negative zone owing to
BSE Midcap 6,959 6,965 (0.09) selling pressure in index heavyweights. The index heavyweights like BHEL, Cairn India, Reliance Industries
BSE Smallcap 8,338 8,322 0.20 and Hindalco were among the major laggards as markets remained in the negative terrain throughout the
Nifty Junior 11,397 11,417 (0.17) day. Ranbaxy, M&M and Reliance Capital bucked the trend and were among the top gainers. Tuesday’s slight
decline was seen on the back of low level of participation, as most players chose to lock in some gains after
CNX Midcap 8,069 8,094 (0.31)
last week’s advance. Most Asian indices were subdued due to lack of cues from Wall Street as US markets
were shut on Monday for Independence Day. Also, the political concerns once again rocked the state of
Andhra Pradesh with nine MPs resigning to press their demands for a separate state of Telangana. The BSE
GLOBAL MARKETS 05-Jul 04-Jul % Change Sensex ended at 18,745 losing 0.37% .The NSE Nifty closed at 5,632 down by 0.33%.
Dow Jones Ind (USA) 12,570 12,583 (0.10)
Nasdaq Composite(USA) 2,826 2,816 0.35 BSE market breadth was marginally positive. Out of 2,959 stocks traded, 1,502 advanced while 1,312
S&P 500 (USA) 1,338 1,340 (0.16) declined.
FTSE 100 (UK) 6,024 6,018 0.11
DAX (Germany) 7,439 7,443 (0.05) GLOBAL MARKETS
Nikkei 225 (Tokyo) 9,972 9,965 0.07 US stocks fell, Treasuries rose, snapping a five-day losing streak, while the U.S. dollar rose after a Moody’s
Investors Service downgrade of Portugal’s debt to junk and lower-than-estimated American factory orders
Hang Seng (Hong Kong) 22,748 22,771 (0.10)
rekindled concern the global economy will slow. Oil and gold surged. Moody’s cut Portugal to Ba2 from
Shanghai Comp (China) 2,816 2,813 0.13 Baa1, making it the second euro-region country with a non-investment-grade rating. Concern that Greek will
KOSPI (South Korea) 2,162 2,145 0.77 default drove stocks, bonds and commodities to the first simultaneous monthly declines since February 2009
STI (Singapore) 3,130 3,153 (0.74) in June. DJIA closed at 12,570, down 0.10% and S&P closed at 1338, down 0.16%.
MSCI Emerging Market 449 444 1.13
MSCI Frontier Market 546 545 0.18 Asian markets are subdued as Nikkei is trading flat, Hang Seng is down 0.12%, Strait Times is down 0.10%,
Shanghai is down 0.67% and Kospi is down 0.20%.
BOND MARKETS 05-Jul 04-Jul Change
10yr G-Sec Yield 8.33 8.35 (0.02) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.29 8.29 0.00 Union Corporate Affairs Minister Murli Deora has reportedly offered to resign from his ministerial berth.
LIBOR (6m) 0.39 0.39 0.00 According to reports, the minister offered his resignation to the All India Congress Committee (AICC)
LIBOR (1m) 0.16 0.16 0.00 chief Sonia Gandhi, citing his older age. However, Sonia Gandhi has asked Deora to continue till the
Interbank Call rate 7.55 7.55 0.00 impending cabinet reshuffle takes place, reports added.
KNR Constructions Ltd, an infrastructure development company, had bagged an order worth Rs 580
crore from Sadbhav Engineering Ltd. for rehabilitation and upgradation of two lane with pave shoulders
BSE Turnover Rs Cr('000) Sensex and maintenance of Chhindwara-Linga-Umarnala-Saoner section of NH-26B. That includes part of
18900 3.1 Chhindwara bypass and Multai up to near Imlikhera in the state of Madhya Pradesh and Maharashtra.
3.0 The order is to be completed with a period of 36 months from the appointed date.
18850
18800 2.9 Ceat, India's fourth-largest tyre maker, last week raised prices of tyres 2-2.5% across categories, and
2.8 expects margins to improve from September quarter due to a fall in prices of rubber, key raw material
18750
2.7 for the industry.
18700 2.6
18650 Hindustan Unilever (HUL) has announced that it will seek shareholders' approval to transfer certain
2.5 assets, liabilities and properties of FMCG exports business division of the company to Unilever India
18600 2.4 Exports.
29-Jun 30-Jun 1-Jul 4-Jul 5-Jul
Saregama India Ltd has purchased 10% stake in Timbre Media Pvt Ltd, a company set up by ex-
Worldspace Satellite Radio employees, to bring back its genre-based programming through direct-to-
home TV channels as well as mobile phone radio.
NSE Turnover Rs Cr('000) Nifty
5660 18 Fertilisers manufacturer Coromandel International said that it has signed an agreement with Qatar
5650 16 Fertiliser Company (QAFCO) for supply of urea.
5640 14
5630 88.38 #DIV/0! 12 Providing some relief to Idea Cellular, telecom tribunal TDSAT today restrained DoT from enforcing Rs
5620 10 250 crore penalty on it for alleged violation of rules with regard to five over-lapping licences of Spice
5610 8 Communications.
5600 6
5590 4 Varun Group has discovered 10 blocks of World Class IImenite and Rare Earth Deposit in Madagascar
5580 2 having reserves of about 266.8mn Tons.
5570 0
29-Jun 30-Jun 1-Jul 4-Jul 5-Jul

2. July 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 05-Jul 04-Jul % Change CORPORATE NEWS
AUTO 8,940 8,862 0.88% Ashok Leyland has reported a 4.63% decline in total commercial vehicle sales to 8,009
IT 6,183 6,161 0.37% units in June, 2011, according to a report. The report stated that the company had sold
BANKEX 13,036 12,994 0.33% 8,398 units in the same month of 2010.
CD 6,743 6,732 0.16%
TECk 3,711 3,710 0.03% Audi India has reported a 75.11% increase in its sales for June 2011, at 408 units,
HC 6,416 6,419 -0.06% according to a report.
PSU 8,633 8,643 -0.11%
Thomas Cook (India) Ltd has announced its foray into Chhattisgarh with the
METAL 15,163 15,194 -0.20% inauguration of its branch at Raipur, by Rajesh Munat, Minister of Urban Development,
CG 13,687 13,843 -1.13% Housing, Environment and Transport-Chhattisgarh Government.
POWER 2,606 2,637 -1.18% This is in keeping with the company's aggressive expansion strategy in potential Tier I
REALTY 2,129 2,157 -1.29% and Tier III markets.
FMCG 3,988 4,040 -1.29%
OIL&GAS 8,955 9,100 -1.60% Mahindra Ugine Steel Company Ltd has announced that the manufacturing unit of
Stampings division of the Company located at Pantnagar, Uttarakhand, has commenced
its commercial operations.
Opto Circuits (India) Ltd has announced that the Company, for the purpose of cost
effectiveness and operational efficiency, has taken restructuring initiative and
transferred the investments of three of its US Subsidiaries, Cardiac Science Corporation,
BSE Upper Circuit Breakers Criticare Systems Inc., and Unetixs Vascular Inc., into Opto Cardiac Care Ltd, a Wholly
Company Name 05-Jul 04-Jul % Change Owned Subsidiary of Opto Circuits (India) Ltd.
RAJAPALAYAM MILLS 639.6 581.5 10.00
S.E.INVESTMENTS 16.1 14.6 10.00 NIIT, one of the leading player in the IT training services, announced collaboration with
BHARAT RASAYAN 122.9 117.1 5.00 IBM to offer experiential learning to early professionals ready to join the IT industry.
Integra India 222.6 212.0 5.00 0
NEELAMALAI AGRO 404.5 385.3 5.00 Financial services firm Karvy said that one of its group companies will acquire a majority
stake in Bahrain Shares Registering Company WLL (BSRC), the Gulf country's biggest
securities registry.
UK-based hospitality firm Whitbread have said it will invest 75 million pounds (over Rs
535 crore) in India by 2020 to fund its hotels business in the country.
BSE Lower Circuit Breakers Kesoram Industries, a BK Birla group entity, had embarked on an exercise to
Company Name 05-Jul 04-Jul % Change restructure organisationally its tyres division Birla Tyres.
TIMBOR HOME 50.0 55.6 (10.00)
COROMANDEL ENGINEERING 279.4 294.0 (5.00) Essar Ports, the demerged entity of erstwhile Essar Shipping, Ports and Logistics
NHC FOODS 23.9 25.1 (5.00) Limited, has posted a consolidated net profit of Rs 70.15 crore for the year ended March
(5.00) 31, 2011. The total operating income of the company in 2010-11 stood at Rs 1,940.81
SAAG RR INFRA 14.3 15.1
crore, the company said in a filing to the Bombay Stock Exchange.
Emporis Projects 125.4 131.9 (5.00)
Reliance Industries (RIL), which has been under attack from the Directorate General of
Hydrocarbons (DGH) for not meeting drilling commitments for its flagship D6 block in
the Krishna Godavari (KG) basin, has agreed to do so. It has written to DGH committing it
will immediately start drilling three wells.
US-based chocolate and confectionery major Hershey's and the Godrej Group have
called off their joint venture in India following management differences in running the
entity. At a recent board meeting, both sides mutually agreed to call off the partnership
following which Hershey's will sell its 51% stake to Godrej Consumer Products
Ltd (GCPL) for an undisclosed amount.
COMMODITY 05-Jul 04-Jul % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 114 111 2.32
1.01 Brent Crude Oil closed up by 2.32% at $114 per barrel . Gold closed up by 1% at Rs
Gold (Rs/10gm) 21,950 21,731
21,950 and silver closed up by 3.2% at Rs 51,999.
Silver (Rs/kg) 51,999 50,387 3.20
CURRENCY 05-Jul 04-Jul % Change The Indian Rupee closed lower against the dollar at Rs 44.43 as the Indian equity
INR / USD 44.43 44.39 0.09 benchmarks ended on a negative note.
USD / Euro 1.44 1.45 (0.69)
Yen / USD 81.14 80.69 0.56

3. July 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
TULIP 157.6 159.5 1.17 India’s steel consumption has reportedly risen 1.5% from a year earlier to 16.4 million
ABGSHIP 375.8 380.0 1.12 metric tonnes in the first three months of the current financial year.
MTNL 44.5 45.0 1.01 According to reports, production in the April to June period rose 8.2% to 17 million
PATNI 338.1 341.4 0.98 tonnes, while imports fell 52% to 1.3 million tonnes.
ROLTA 132.6 133.9 0.98
IRB 175.3 177.0 0.97 India Inc raised over $2.65 billion from overseas markets in May through external
VIDEOIND 198.5 191.0 (3.78) commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), the
Reserve Bank said.Around 60 companies raised almost $1.50 billion for various
TATAMTRDVR 564.0 544.4 (3.47)
projects through the automatic route, which does not require RBI or the government
PIRHEALTH 399.0 388.8 (2.57)
approval.
POLARIS 189.2 184.5 (2.46)
NAGARFERT 35.8 35.0 (2.23) Qatar has been ranked 26th in the Global Innovation Index, securing the highest
3IINFOTECH 47.7 46.7 (2.20) position in the West Asia ahead of even the world's two largest emerging economies
China (29) and India (62).
INSTITUTIONAL ACTIVITY (Rs Cr) 27-Jun 24-Jun YTD
FII Cash Net 1,791 1,022 4,636 Mass resignations by the elected representatives in Telangana continued on the
FII Stock Futures (324) 482 (2,865) second day today with 23 lawmakers, including four MPs, submitting their
FII Index Futures (183) 2,788 12,758 resignations.
Mutual Fund (83) 58 2,877
India’s economic report card continued to give mixed signals, according to HSBC
Purchasing Managers Index (PMI). While the services sector performed marginally
VALUATIONS P/E P/B DIV YLD
better with a PMI of 56.1 points in June from 55 in May, the manufacturing sector’s
BSE 19.9 3.5 1.4 index was at a nine-month low at 55.3 points.
NSE 20.8 3.5 1.3
BSE500 Mcap/GDP Ratio 0.58
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Mahindra & Mahindra 717.05 2.24 CHOLAFIN 175.95 9.93 Mahindra Forg 75.4 16
SBI 2471.7 1.57 BF Utilities 769.25 9.17 Accentia Tech 74.5 12.11
Wipro 428 1.06 Greaves Cotton 94.5 7.39 SYMPHONY 1266.05 10.08
Maruti Suzuki 1166.4 0.9 Blue Dart 1610.5 7.16 SE Investments 16.09 9.98
Sterlite Inds 173.1 0.76 Tube Invest 148.85 4.42 Electrotherm 186.1 9.96
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
BHEL 1953.8 -4.49 Company 2778 -5.07 Warren Tea 321.25 -11.97
RIL 846.15 -2.53 TTK Prestige 93 -4.96 Chromatic India 81 -9.35
Hindalco Inds 186.85 -1.63 Uco Bank 64.3 -4.95 Kuvam Intl 16.35 -9.17
ITC 195.85 -1.58 KGN Inds 199.05 -4.07 Modern India 60 -7.69
DLF 230.8 -1.2 Hindusthan Nat 1066.45 -3.13 Cosmo Films 103.8 -7.16
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