The Indian stock markets gained on March 8, recovering from losses in the previous session. The BSE Sensex rose 1.19% to close at 18,440 points and the NSE Nifty gained 1.06% to end at 5,521 points. Sentiment improved after crude oil prices fell and the Congress party and DMK party reopened talks in Tamil Nadu. Global markets also rose, with the Dow gaining 1.03% and Nasdaq up 0.74%. Asian markets opened higher as well on strong US performance. Domestically, companies announced new partnerships, acquisitions, and business expansions. Bond yields were mostly unchanged.

1. March 9, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET * 08-Mar 07-Mar % Change COMMENTARY
BSE Sensex 18,440 18,223 1.19 INDIA
NSE Nifty 5,521 5,463 1.06 The Indian market put the losses of the previous session behind and resumed the post-Budget upswing
BSE Midcap 6,562 6,499 0.97 after the Congress and the DMK softened their tough stance and reopened dialogue on the contentious
BSE Smallcap 7,945 7,885 0.76 seat-sharing issue for the Tamil Nadu elections.Over the weekend, the DMK had said that it would
withdraw all its Union Ministers but chose to defer the same after Finance Minister Pranab Mukherjee tried
Nifty Junior 10,779 10,685 0.88
to salvage the situation.Sentiment in the Indian market also improved after crude oil futures fell for the first
CNX Midcap 7,632 7,552 1.06
time in three days amid media reports that Libyan leader Muammar Gaddafi has offered to step down from
his position. The BSE Sensex ended at 18,440, up 1.2%, compared to the previous close. The NSE Nifty, on
the other hand closed at 5,521, up 1%, over the previous close.The market breadth was decisively in favour
GLOBAL MARKETS 08-Mar 07-Mar % Change of the bulls today with 1,777 shares advancing and 1,059 shares declining on the BSE.
Dow Jones Ind (USA) 12,214 12,090 1.03
Nasdaq Composite(USA) 2,766 2,746 0.74
S&P 500 (USA) 1,322 1,310 0.92 GLOBAL MARKETS
FTSE 100 (UK) 5,975 5,974 0.02 U.S. stocks advanced, snapping a two-day decline for benchmark indexes, as crude oil retreated and Bank
DAX (Germany) 7,164 7,162 0.03 of America Corp. (BAC) sparked a rally in financial shares after saying its home-loan business is in “recovery
Nikkei 225 (Tokyo) 10,525 10,506 0.18 mode.” Bank of America jumped 4.7 percent, leading a gauge of financial shares to the biggest gain among
10 Standard & Poor’s 500 Index industries.The S&P 500 increased 0.92 percent to 1,322. The benchmark
Hang Seng (Hong Kong) 23,712 23,313 1.71
gauge had fallen 1.6 percent over the previous two trading days. The Dow Jones Industrial Average
Shanghai Comp (China) 3,000 2,997 0.10 advanced 1 percent, to 12,214.The tech gaint Nasdaq also rose 0.74 percent ending the day at 2,766.
KOSPI (South Korea) 1,996 1,980 0.81
STI (Singapore) 3,104 3,067 1.21 On the back of strong US closing the Asian markets have opened up on a positive note Nikkei is up by a
MSCI Emerging Market 430 427 0.70 percent Hang Seng is up half a percent.
MSCI Frontier Market 602 597 0.84
BOND MARKETS 08-Mar 07-Mar Change CORPORATE/ ECONOMY NEWS
10yr G-Sec Yield 8.03 8.08 (0.05)
Bharat Petroleum Corp (BPCL) aims to buy more oil from Saudi Arabia and other countries in 2011/12
1yr G-Sec Yield 7.67 7.67 0.00
to feed its expanded capacity and hedge against supply worries due to unrest in Libya and a payments
LIBOR (6m) 0.46 0.46 0.00 dispute with Iran
LIBOR (1m) 0.26 0.25 0.01
Interbank Call rate 6.9 6.9 0.01 HCL Technologies has announced a tie-up with BPO training institute, Orion Edutech. As per the
agreement, Orion will customise its Diploma in BPO Management (DIBM) to suit HCL's industry specific
talent requirement. This programme will be called the 'Orion Diploma in BPO Management – Powered by
HCL'
BSE Turnover Rs Cr('000) Sensex
18550 4.0 Tata Communications has announced the launch of cloud offering, InstaCompute, an infrastructure as a
18500 3.5 service (IaaS) model, in Singapore. This service also covers neighbouring countries, such as
18450 3.0
18400 Malaysia, Hong Kong, Thailand, Indonesia, Vietnam and the Philippines.
18350 2.5
18300 2.0 Hero Investments has agreed to buy Honda Motors Ltd's 26% stake in Hero Honda Motors for around
18250 1.5 $851 million in a deal that will see the Japanese automaker exit its joint venture in India after more than
18200 1.0 26 years.Hero Investments is buying the stake at Rs 739.97 a share.
18150
18100 0.5
18050 0.0 Intelenet Global Services, majority owned by Blackstone, said on Tuesday it has signed a five-year
1-Mar 3-Mar 4-Mar 7-Mar 8-Mar outsourcing partnership with Tata Teleservices Ltd.
Bangalore based Sonata Software have announced the launch of 'MilEdge', a car rental management
system which is designed for medium and large car rental organisations and auto-leasing companies.
MilEdge is a comprehensive web-based solution developed to support all stages of car rental
NSE Turnover Rs Cr('000) Nifty operations, from front counter control to back office management.
5560 16
5540 14
12 Technology-enabled education solutions provider Core Projects & Technologies is hoping to announce
5520 an overseas acquisition in the education space in the first quarter of FY12.
88.38 10
#DIV/0!
5500
8
5480 Dubai Reliance Capital, the financial services arm of Anil Dhirubhai Ambani Group, plans to expand its
6 operations in West Asia.
5460 4
5440 2 State Bank of Bikaner and Jaipur informed the stock exchanges that its board of directors fixed the
5420 0 price for its proposed rights issue of equity shares. The price which was approved yesterday, was fixed at
1-Mar 3-Mar 4-Mar 7-Mar 8-Mar Rs 390, with a face value of Rs 10 each and premium of Rs 380 each
`
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2. March 9, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 08-Mar 07-Mar % Change CORPORATE NEWS
Teck 3,676 3,605 1.98 India's largest telecom company, Bharti Airtel, yesterday launched its 3G services in
It 6,285 6,168 1.90 Mumbai. The company already launched 3G services in
Metal 15,833 15,600 1.49 Bengaluru, Chennai, Coimbatore, Mysore, Manipal, Udupi, Jaipur and Delhi NCR. Airtel
Bankex 12,427 12,246 1.48 will launch its 3G services in all 13 circles where it has obtained licences by March 2011.
Realty 2,070 2,043 1.35
Cd 5,741 5,666 1.33 Private equity firms Bain Capital and the Government of Singapore Investment Corp
Auto 8,792 8,692 1.15 have agreed to invest in Hero Investments to help it fund its acquisition of Honda
Oil&Gas 9,643 9,555 0.92 Motors' 26% stake in its Indian joint venture.
Psu 8,582 8,506 0.89
Korean consumer durables maker LG Electronics said that it will invest Rs 1,500 crore
Hc 5,873 5,833 0.69 in India this year to ramp up production and market the brand.
Power 2,585 2,571 0.58
Cg 12,698 12,645 0.42 Mahindra group is partnering with US telecom equipment maker Cisco Systems to
Fmcg 3,505 3,502 0.09 provide a range of services including cloud computing.
Vedanta Aluminium needs to import around one million tonnes of thermal coal in
2011 for its new independent power plant in Orissa, an official responsible for coal
buying said on Tuesday.
Tata Steel plans to install a new line to double the slitting capacity of its service centre
BSE Upper Circuit Breakers at Gelsenkirchen, in Germany.
Company Name 08-Mar 07-Mar % Change
Maxwell Industries 18.6 15.5 20.00 IT major HP have announced a mobile access solution which it said enables clients to
Teledata Technology 0.9 0.8 20.00 optimise mobile communications through wireless access points that can support up
NCL Research 40.2 36.5 10.00 to 50% more mobile devices than existing technology.
Real Strips 109.6 99.7 10.00 0
LN Polyester 30.3 27.6 10.00 Punj Lloyd Group, a diversified global engineering, procurement and construction
(EPC) conglomerate has revised its order backlog in view of the present state of unrest
prevailing in Libya and after a detailed review of the on ground situation.Of the total
ten projects in Libya, the following three inactive projects awarded to Sembawang
Engineers and Constructors Pte. Ltd (Sembawang), the Company's subsidiary in
Singapore, are removed as these projects have been nonmoving for over 18 months.
The value of these projects amounts to Rs. 62.45bn.
BSE Lower Circuit Breakers
Company Name 08-Mar 07-Mar % Change The department of telecommunications (DoT) plans to support ailing state-run
Shaily Engineering 229.1 241.1 (5.00) telecom public sector units BSNL and MTNL by giving an annual subsidy of about Rs
Ensa Steel 9.9 10.4 (5.00) 3,000 crore to sustain their operations. The two PSUs have been losing revenues as
well as market share.
Fortune Financials 159.8 168.2 (5.00)
RM Mohite 232.6 244.8 (5.00) Jubilant Life Sciences (JLS) said that it is setting up a manufacturing plant to produce
Polyplex 131.0 137.9 (5.00) Symtet, a key ingredient for making insecticide 'Chlorpyrifos', at Bharuch in Gujarat, as
part of its nearly Rs 350 crore capacity expansion plans for the next fiscal.
Reliance Brands, a 100% subsidiary of Reliance Retail, today said it would add 37
stores across its various high-end footwear and apparel brands in the country.
FMCG player Dabur said that it is looking for more acquisitions in the personal and
healthcare segments as part of its strategy to achieve a revenue of Rs 5,000 crore by
the next fiscal.
COMMODITY 08-Mar 07-Mar % Change COMMODITY / CURRENCY NEWS
Crude Oil (USD/bbl) 104.5 106.6 (1.97)
Gold (Rs/10gm) 21,070.0 21,231.0 (0.76)
Silver (Rs/kg) 53,864.0 54,635.0 (1.41) Light Sweet Crude Oil on Tuesday lost 1.97% closing at $104.5 per barrel. Gold closed
down by 0.76% at Rs 21,070 and Silver closed down by 1.41% at Rs 53,864
CURRENCY 08-Mar 07-Mar % Change The Indian Rupee closed higher against the dollar at Rs 44.99 as the Indian equity
INR / USD 45.03 44.99 0.09 benchmarks ended on positive note.
USD / Euro 1.39 1.40 (0.71)
Yen / USD 82.56 82.06 0.61

3. March 9, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
STRTECH 48.4 48.9 1.14 India's export of seafood items jumped 20 per cent to $261 million in December, 2010
MOSERBAER 40.6 41.1 1.11 year-on-year on the rising demand from the US and Japan.The marine exports stood
ORBITCORP 49.1 49.6 1.02 at $217 million in December, 2009, according to Marine Products Export Development
MRF 6026.2 6,086.0 0.99 Authority (MPEDA) data.
PRAJIND 66.8 67.4 0.97
ALOKTEXT 20.7 20.9 0.97 Mirae Asset Global Investments (India) have announced the launch of Mirae Asset
NATIONALUM 452.4 435.4 (3.76) India-China Consumption Fund, an open-ended, equity-oriented scheme.
The scheme, the first-of-its-kind in India, will focus on sectors and companies
PIRHEALTH 467.4 455.9 (2.46)
benefiting from the consumption-led demand that is driving the world's fastest-
COREPROTEC 311.4 303.8 (2.46) growing economies, India and China.
ACC 988.3 966.7 (2.19)
BHEL 2033.2 2,011.3 (1.07) The government said that tax amounting to Rs 248.76 crore is outstanding against the
SUNTV 418.8 414.3 (1.07) country's largest realty firm DLF as on December 2010.
INSTITUTIONAL ACTIVITY (Rs Cr) 28-Feb 25-Feb YTD State-run aluminium producer National Aluminium Company (Nalco) said that it
FII Cash Net (69) (530) (7,889) hopes to clock over 23% rise in net profit for the current fiscal to Rs 1,005 crore on
FII Stock Futures (453) 987 6,463 higher metal price.
FII Index Futures 1,105 616 (3,834)
Mutual Fund 306 (60) 2,052
VALUATIONS P/E P/B DIV YLD
BSE 20.0 3.5 1.1
NSE 21.1 3.5 1.1
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 %
Bharti Airtel 334.2 3.16 Shree Global Trd 246 19.91 Tata Coffee 671.9 19.09
Tata Motors 1160.1 2.91 Gujarat Fluo 295.4 9.85 Reliance Broadcast Network 79.75 17.97
ONGC 271.6 2.9 Spicejet 39.75 7.87 Jindal World 298.6 15.69
Infosys 3114.7 2.53 Polaris Soft 192 6.82 SE Investments 16.95 11.15
Jaiprakash Asso 84.3 2.37 Jindal Poly 432.7 6.47 Jindal Drill 487 10.14
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1518.2 -0.77 Gujarat Inds 88.4 -4.59 Sezal Glass 3.56 -8.25
Maruti Suzuki 1256.5 -0.65 IL&FS TRANS 191.25 -3.53 Urja Glob 35.8 -8.21
ITC 172.0 -0.35 Himadri Chem 34.15 -3.26 Kirloskar Oil 351.4 -7.33
Tata Power 1229.9 -0.04 Greaves Cotton 82.7 -3.22 Insecticides India 299.85 -6.86
- - - Anant Raj Inds 76.5 -3.16 Cals Ref 0.28 -6.67
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
Birla Shloka Philipa John Dmello SELL 1.28% 15.7
Kalindi Rail Deepak Popatlal Vora BUY 0.65% 126.5
Marico Oppenheimer International Value Fd BUY 3.35% 114.0
Dhanus Tech Grantview Properties SELL 2.30% 11.4
Suryajyoti Spi Dinesh Shah SELL 1.22% 51.0