On September 5, 2011, Indian equity markets closed lower, with the BSE Sensex falling 108 points to 16,713 due to weak U.S. job data and investor concerns over the global economic slowdown. Despite a positive market breadth, most sector indices declined, particularly IT and oil & gas stocks. Corporate news included significant transactions and announcements from state-owned companies and private sector firms, reflecting ongoing changes in the economic landscape.

1. Sept 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 05-Sep 02-Sep % Change COMMENTARY
BSE Sensex 16,713 16,821 (0.64) INDIA
NSE Nifty 5,017 5,046 (0.57) Markets ended in the red on Monday snapping the 3-day winning streak, on cues from global peers
BSE Midcap 6,357 6,325 0.51 preceded by weak jobs data from the US on Friday, which dampened sentiments. Services sector growth has
BSE Smallcap 7,146 7,134 0.18 slipped to a two-year low of 53.8 in August from 58.2 in July, according to the HSBC Markit Business Activity
Nifty Junior 10,149 10,121 0.27 Index due to slowing global economy and monetary tightening in India, which also weighed on the
investors' mind. However, it was a strong show of resilience by the Indian equity markets even as the equities
CNX Midcap 7,377 7,343 0.47
in other parts of the world sank on downbeat US jobs data and concerns over European debt crisis. The
Sensex after touching a low of 16,561, managed to recover some lost ground and touched a high of 16,760.
The index finally ended near that level at 16,713, down 108 points. Nifty ended down 23 points at 5,017.
GLOBAL MARKETS 05-Sep 02-Sep % Change Most of the sectoral indices were in the red, with IT and oil & gas stocks leading the decline. Foreign investors
Dow Jones Ind (USA)* 11,240 11,240 (0.00) have been net buyers over the last few sessions after offloading more than USD 2bn last month.
Nasdaq Composite(USA)* 2,480 2,480 0.00 The BSE market breadth was positive with 1,481 stocks on the advancing side and 1,329 on the declining
S&P 500 (USA)* 1,174 1,174 0.00 side.
FTSE 100 (UK) 5,103 5,292 (3.58) GLOBAL MARKETS
DAX (Germany) 5,246 5,538 (5.28) European stocks tumbled as investors speculated that support for bailing out Europe’s indebted nations may
Nikkei 225 (Tokyo) 8,784 8,951 (1.86) fade. The euro weakened for a fifth day versus the dollar after an election loss for Germany’s ruling party
stoked concern support is fading for bailouts of Europe’s most-indebted nations, boosting demand for
Hang Seng (Hong Kong) 19,616 20,213 (2.95)
refuge currencies. UK equities fell after disappointing service sector data (August purchasing manager index
Shanghai Comp (China) 2,479 2,528 (1.96) on UK services remained above 50 - a level that indicates economic expansion - its fall to 51.1 from 55.4 in
KOSPI (South Korea) 1,786 1,868 (4.38) July was the sharpest monthly drop in a decade and took the index to a three year low) for the UK added to
STI (Singapore) 2,773 2,843 (2.46) global slowdown fears. President Barack Obama is scheduled to outline his plans to spur the economy in a
MSCI Emerging Market 395 401 (1.50) Sept. 8 address to Congress. U.S. financial markets were shut for a holiday.
MSCI Frontier Market 500 502 (0.40) Asian stocks have fallen, the euro has weakened and oil has slumped on speculation Europe’s debt crisis is
worsening. Nikkei is down 1.2%, Hang Seng is down 0.95% and Strait Times is down 0.76%.
BOND MARKETS 05-Sep 02-Sep Change
10yr G-Sec Yield 8.28 8.30 (0.02) CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.30 8.30 0.00 State-owned Oil and Natural Gas Corp (ONGC) will file papers for its much-delayed Rs 12,000 crore
LIBOR (6m) 0.39 0.39 0.00 share sale with market regulator Sebi. The follow-on public offer (FPO) is likely to open on September 20
LIBOR (1m) 0.16 0.16 0.00 and close on September 23, sources privy to the development said.
Interbank Call rate 8.0 7.5 0.51
State-owned BHEL said it has bagged a Rs 1,395-crore contract from the country's biggest miner NMDC
for handling raw material at its steel plant at Nagarnar in Chhattisgarh. BHEL will set up the Raw Material
Handling System (RMHS) package for NMDC's three million tonnes per annum steel plant at Nagarnar in
BSE Turnover Rs Cr('000) Sensex Chhattisgarh, on turnkey basis, the power equipment maker said in a statement.
17000 3.0
16800 Reliance Communications, India's second-largest mobile phone carrier by subscribers, said it will
2.5 restructure its wireless business over the next 30 days in a move to increase its competitiveness.
16600
16400 2.0 Reliance Comm said in a statement that it would discontinue with its current structure with three
16200 regional heads, and would name a new chief operating officer and create a "leaner and flatter" structure.
1.5
16000
15800 1.0 Ranbaxy Laboratories said it has launched generic 'esomeprazol' tablets, used for treating ulcers, in the
15600 United Kingdom (UK). Ranbaxy (UK) Ltd, a wholly owned subsidiary of Ranbaxy Laboratories Ltd, has
0.5
15400 launched 'esomeprazole' tablets in strengths of 20 mg and 40 mg, in the UK, the company said in a
15200 0.0 statement.
26-Aug 29-Aug 30-Aug 2-Sep 5-Sep
Non-Banking Finance Company (NBFC), Religare Finvest— a wholly owned subsidiary of Religare
Enterprises aims to raise upto Rs 800 crore including greenshoe option of Rs 400 crore through public
issue of Secured Redeemable Non Convertible Debentures (NCDs) of face value of Rs 1,000 each.
NSE Turnover Rs Cr('000) Nifty
5100 14 SBI Life Insurance announced a foray into the health insurance segment with the launch of its 'Hospital
5000 12 Cash' plan, which provides a fixed daily allowance to policyholders for each day of hospitalisation.
4900 10
88.38 #DIV/0! Ashok Leyland Ltd, country's second largest commercial vehicle maker, said on Monday its total
8
4800 vehicle sales in August fell 3.5% to 7,218 vehicles from 7,480 a year ago. Domestic sales fell to 6,168 from
6 6,705 vehicles, while exports rose to 1,050 from 775, it said in a statement.
4700 4
4600 2
4500 0
26-Aug 29-Aug 30-Aug 2-Sep 5-Sep

2. Sept 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 05-Sep 02-Sep % Change CORPORATE NEWS
CD 6,557 6,400 2.44% India’s largest private sector bank, ICICI Bank announced its foray into EMV (Europay,
AUTO 8,683 8,572 1.30% MasterCard, Visa) Standard cards with the launch of the ICICI Bank Coral Credit Card. The
REALTY 1,784 1,770 0.81% chip-based card provides security against misuse in the form of counterfeiting and
CG 12,076 12,029 0.39% skimming.
BANKEX 10,990 10,950 0.37%
Private sector lender, IndusInd Bank launched a trading platform for foreign exchange-
METAL 12,452 12,429 0.18%
FastForex for its corporate customers. The platform will enable them to reach the FX
FMCG 3,987 3,996 -0.22%
Treasury via internet and a standard web browser and manage forex transactions.
POWER 2,202 2,211 -0.42%
PSU 7,623 7,666 -0.56% Moser Baer India has approved raising up to Rs 575 crore ($125 million) by issuing
HC 5,990 6,030 -0.66% equity or bonds in India or overseas, the compact disc maker said on Monday, sending
TECk 3,154 3,188 -1.06% its shares up as much as 4.8%. The company has also approved getting into a consulting
IT 4,924 4,996 -1.44% agreement with France-based Harcourt.
OIL&GAS 8,383 8,534 -1.77%
Drug firm Suven Life Sciences said it has received four product patents in Australia and
New Zealand for its new chemical entities (NCEs), which could be used for treating
various central nervous disorders.
PG Electroplast, an electronic manufacturing services provider, has set a price band of
Rs 190-210 per share for its initial public offering to raise up to Rs 121 crore. The share
BSE Upper Circuit Breakers sale, which will offer 5.75 million shares, will constitute 35% of the fully diluted post-
Company Name 05-Sep 02-Sep % Change issue paid-up share capital, the company said in a statement on Monday. Proceeds from
J.KUMAR INFRAPROJECTS 110 91 20.00 the issue, which will open on September 7 and close on September 12, will be used to
SHREE ASHTAVINAYAK CINE VISION 5.9 4.9 19.90 fund expansion, retire debt and meet working capital requirements. Almondz Global
SAFARI INDUSTRIES 144.2 131.1 10.00 Securities is the sole book running lead manager to the issue.
TTK HEALTHCARE 464.8 422.5 10.00 0
INFINITE COMPUTER SOLUTIONS 86.5 78.7 10.00 Tata Consultancy Services, has put in a bid valued at USD 500mn to acquire a
controlling stake in Lufthansa IT systems, according to a report. The report stated that
the company is in talks to negotiate a multi-year contract from Lufthansa which could
yield revenues in excess of $2 bn for the company. Credit Suisse is advising TCS on its
bid for Lufthansa IT systems, says report.
Marico is set to enter India’s Rs 45bn skincare market by expanding its coconut hair oil
BSE Lower Circuit Breakers brand, Parachute, to the skincare segment, reports stated.The company will enter the
Company Name 05-Sep 02-Sep % Change skincare market under the Parachute Advanced brand.
Everonn Education ltd 281.2 351.5 (20.00)
PRRANETA INDUSTRIES 31.2 34.6 (10.00) Billionaire investor Rakesh Jhunjhunwala is likely to pick up stake in Nikhil Gandhi-
(5.00) promoted Pipavav Defence and Offshore Engineering Company Ltd (Pipavav
KEMP & COMPANY 272.9 287.2
Shipyard) through convertible share warrants.
PRABHAV INDUSTRIES 105.7 111.3 (5.00)
REIL ELECTRICALS INDIA 300.0 315.7 (5.00) The Hero Group of automobile makers on Monday announced its foray into the
hospitality sector. Its first property is expected to come up in Gurgaon by the end of
2012.
Automobile major Mahindra & Mahindra on Monday said it will launch sports utility
vehicles (SUVs) from SsangYong in India by the middle of next year after its latest SUV
debuts in December.
Dunlop India Ltd (DIL), the Kolkata-based tyre manufacturing company controlled by
Pawan Kumar Ruia, has put its real estate assets on a block to raise money. The company
plans to offload Worli property for Rs 300-350 cr.
COMMODITY 05-Sep 02-Sep % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 111 113 (1.21)
1.06 Brent Crude Oil ended 1.21 percent lower at $111 per barrel . Gold ended higher by
Gold (Rs/10gm) 28,378 28,081
1.06 percent at Rs 28,378 and Silver closed up by 2.51 percent at Rs 66,263.
Silver (Rs/kg) 66,263 64,639 2.51
CURRENCY 05-Sep 02-Sep % Change The Indian Rupee closed lower against the dollar at Rs 45.99 as the Indian equity
INR / USD 45.99 45.78 0.46 benchmarks ended on a negative note.
USD / Euro 1.41 1.42 (0.70)
Yen / USD 76.81 76.80 0.01

3. Sept 6, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
PATELENG 103.2 104.4 1.21 Internet titan Google, which is on an acquisition spree, has bought digital coupons
HOTELEELA 38.3 38.7 1.04 and incentives platform Zave Networks for an undisclosed amount. Zave Networks is
MCLEODRUSS 241.6 243.9 0.95 Google's 19th buyout this year so far. According to an estimate, Google has acquired
RAYMOND 360.6 363.7 0.87 over 100 firms in the last decade, starting with Deja, a company in the Usenet space
DHANBANK 76.9 77.6 0.85 that was later integrated with Google Groups.
AREVAT&D 221.9 223.8 0.83
HINDPETRO 383.6 369.8 (3.60) Japanese auto major Honda said it will recall 72,115 units of its mid-sized sedan City in
IOC 315.5 306.0 (3.01) India to replace defective power window switches as part of a global exercise.
SCI 87.7 85.2 (2.85)
BGRENERGY 332.6 325.0 (2.27) The cabinet on Monday approved the draft Land Acquisition, Relief and Rehabilitation
Bill with changes that take away some of the farmer-friendly features it boasted of and
PTC 73.0 71.5 (2.05)
some of the teeth industry was concerned about. The Bill will be tabled in Parliament
SKUMARSYNF 47.8 47.0 (1.68)
on Wednesday.
INSTITUTIONAL ACTIVITY (Rs Cr) 24-Aug 23-Aug YTD The Ministry of Environment and Forests (MoEF) has reportedly informed the Bombay
FII Cash Net -757.4 -71.7 4,584 High Court that it would pass its final order in the Lavasa case within three weeks,
FII Stock Futures 166.95 148.27 520 according to a report.
FII Index Futures 338.61 488.49 9,363
Mutual Fund 94.4 119.8 5,847
VALUATIONS P/E P/B DIV YLD
BSE 18.4 3.4 1.5
NSE 18.2 3.1 1.4
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 %
HEROMOTOCO 2174.4 5.16 BF Utilities 515.1 17.11 J Kumar Infra 109.7 19.97
Jaiprakash Asso 64.5 4.20 Alfa Laval 1926.0 12.70 Shree Ashtavina 5.9 19.92
Bajaj Auto 1668.1 2.74 Sujana Towers 27.3 10.55 Nitin Fire 140.2 12.08
Jindal Steel 535.0 1.81 Spicejet 26.3 8.45 Sandur Mang 500.0 10.96
Tata Steel 494.7 1.26 Amtek Auto 138.5 7.49 Oscar Invest 394.5 10.95
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Wipro 321.9 -3.65 KEC Intl 57.7 -5.26 EVERONN 281.2 -19.99
ONGC 256.9 -2.67 KGN Inds 28.9 -4.94 Prraneta Inds 31.2 -9.97
Infosys 2263.9 -2.23 Polaris Soft 118.3 -4.94 Bhagwati Banq 82.8 -6.97
RIL 788.9 -2.05 Bhushan Steel 340.5 -4.58 REISIX TENR 27.3 -6.51
Sterlite Inds 131.3 -1.91 Bajaj Elect 176.1 -4.53 DIAMONPOWER 110.1 -6.06
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
Bedmutha Inds INVENTURE GROWTH & SECURITIES LTD. BUY 1.23% 123.0
BGIL Films KAILASH CHANDRA BUY 0.80% 4.7
Gemstone Invest SUKRATI CONSULTANCY SERVICES SELL 2.25% 8.9
Monnet Ispat BLACKSTONE MANAGEMENT PARTNERS BUY 1.80% 478.1
Sanraa Media JMP SECURITIES PVT LTD BUY 2.30% 0.1