1. Corporate Newsletter
7th January 2014
SWASTIKA INTELLIGENCE GROUP
MARKET SNAPSHOT
INDIAN MARKETS
INDICES
SENSEX
NIFTY-50
Current Val.
20693.24
6162.25
Points
-94.06
-29.20
% Change
-0.45
-0.47
High
20890.48
6221.50
Low
20637.18
6144.75
Prev. Close
20787.30
6191.45
Sector
NSE SECTORAL INDICES
Current Value % Change
PHARMA
AUTO
FMCG
BANK NIFTY
INFRA
SERVICE
MEDIA
IT
ENERGY
PSU BANK
REALTY
METAL
7,714.15
5,209.70
16,801.20
11,036.75
2,376.75
7,596.55
1,816.60
9,522.75
7,552.30
2,427.65
180.95
2,386.15
+0.22
+0.09
-0.09
-0.11
-0.28
-0.61
-0.87
-1.22
-1.42
-1.65
-1.74
-1.76
EUROPEAN MARKETS UPDATE AT 4:00 PM
INDICES
Last Closed
Change
FTSE
6,759.60
+28.87
CAC
4,247.99
+20.45
DAX
9,482.17
+54.17
Nifty Top Gainers
Symbol
LTP
MARUTI
INDUSINDBK
M&M
SUNPHARMA
ICICIBANK
Prev. Close
1,849.00
419.90
906.95
594.20
1,050.60
1,807.70
413.30
895.40
588.25
1,040.80
% Change
+2.28
+1.60
+1.29
+1.01
+0.94
Nifty Top Losers
Symbol
LTP
TATASTEEL
BANKBARODA
TATAPOWER
SSLT
BPCL
Prev. Close
% Change
408.30
637.25
81.85
198.95
329.80
-3.75
-3.32
-2.63
-2.51
-2.24
393.00
616.10
79.70
193.95
322.40
CURRENCY UPDATE (RBI Reference Rate)
ADVANCES DECLINES UNCHANGED
NSE
388
544
36
/$
/£
/€
/100 ¥
6th Jan
62.3265
101.9911
84.6151
59.7300
7th Jan
62.3790
102.2454
84.9720
59.7100
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai

2. Corporate Newsletter
7th January 2014
SWASTIKA INTELLIGENCE GROUP
NEWS UPDATES
Oil and Natural Gas Corp and Oil India Ltd paid $ 2.475 billion to Videocon Group for acquiring 10 per cent stake
in a giant gas field off Mozambique. ONGC Videsh Ltd (OVL), the overseas arm of state-run explorer Oil and
Natural Gas Corp (ONGC), and Oil India (OIL) had jointly bought Videocon Group's 10 per cent interest in the
Rovuma Area-1 for $2.475 billion. Additionally, OVL bought US energy major Anadarko Petroleum's 10 per cent
stake in the same block for $2.64 billion. The acquisitions reflect the recent aggressiveness of Indian firms in
securing energy assets abroad.
Infrastructure major Larsen & Toubro has secured an engineering, procurement and construction (EPC) order
from a Saudi Arabian Oil Company. Larsen & Toubro Saudi Arabia LLC is one of the multiple joint ventures of L&T
in Saudi Arabia. The purpose of this project is to replace the existing electrical power supply system at the Abu Ali
Plants and overcome existing deficiencies to meet future energy demand ofBerri oil field.
Canara Bank will soon open a branch in New York as it has got regulatory approvals from the US authorities. With
opening of this branch, the bank would be foraying in the US market, Besides, the bank is looking at Dubai, Tokyo,
Frankfurt (Germany) and Qatar for opening offices. At present, the Bangalore-based bank has five overseas
branches at London, Leicester, Shanghai, Manama and Hong Kong. Talking about resource mobilisation , he said
the bank has last month raised Rs 1,500 crore from bonds to augment its capital base. This capital raising would
be over and above Rs 500 crore that the government has decided to infuse in the bank before March 2014.
Parle Products, the leader in the overall biscuit space, has challenged rival Britannia Industries by cutting the
price of some of its popular and mass-end brands, which could trigger a price war in these segments.
Parle Products has taken an indirect price cut on Parle G by about 4% (Rs 5 for a pack of 75 gm now as against 72
gm earlier), which makes it 10% cheaper to Britannia's Tiger, its rival in the glucose biscuit segment.
As part of its diversification programme, the National Hydropower Corporation Ltd (NHPC) inked a deal with
the Kerala government to set up an 82 MW wind farm in the state's Palakkad district. Currently, the cost for
generating one MW of wind energy is estimated to cost around Rs.6 crore and the total project cost of this new
wind farm will come to around Rs.500 crore.
The Empowered Group of Ministers (EGoM) on stake sale in IOC is likely to meet on January 9 to decide the timing
of the sale, The sale of 19.16 crore shares of IOC, the nation's largest fuel retailer, at the current price would fetch
the government around Rs 3,900 crore. The government had recently held investor road shows for IOC stake sale.
The government has directed Gail India to use Indian ships for importing gas worth $2.5 billion annually from the
US, a model that is practiced by Chinese oil firms to encourage domestic shipping industry. India's biggest gas
utility Gail will require at least five ship to bring about 5.8 million tonnes of gas every year from the USstarting
September 2017 and there is a strong possibility of involving Indian shipyards in building liquefied natural
gas (LNG) carriers.
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai

3. Corporate Newsletter
7th January 2014
SWASTIKA INTELLIGENCE GROUP
Disclaimer: This document is solely for the personal information of the intended recipient and must not be exceptionally used as the basis for any investment
decision. Nothing in this document should be construed as investment, Legal, taxation or financial advice. Swastika Investma rt Ltd. is not soliciting any action based
upon it. Each recipient of this document should make necessary investigations as they consider important to arrive at an independent evaluation of an investment in
the securities of the companies referred to in this document (including the merits and risks involved). This report has been made based on information that we
consider reliable and are publicly available but we do not state that it is accurate or complete and it should not be solely relied upon such, as this document is for.
Swastika Investmart Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to time, make investment decisions that are
inconsistent with or contradictory to the recommendations expressed herein. The views contained in this document are those of the analyst, and the company may
or may not subscribe to all the views expressed within this document.
Swastika Investmart Limited or any of its affiliates/ group companies, or employees shall not be in any way held responsible for any loss or damage that may arise to
any person from any inadvertent error in the information contained in this report.
Swastika Investmart Limited has not independently verified the information contained in this document. Accordingly, we cannot testify, nor make any
representation or warranty, express or implied, to the accuracy, contents or data contained within this document. This document is being supplied to you solely for
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Report Prepared by
Saloni Gupta
RESEARCH TEAM
Santosh Sahu
Santosh Meena
Amit Khare
Vishnu shreekar
Sonakshi Bahety
Designation
Research Associate
SWASTIKA INTELLIGENCE GROUP
Research Head
Derivatives & Technical Analyst
Commodity Analyst
Commodity Analyst
Research Associate
E-mail ID
salony.gupta@swastika.co.in
research@swastika.co.in
santosh.sahu@swastika.co.in
santosh.meena@swastika.co.in
amit.khare@swastika.co.in
vishnu.shreekar@swastika.co.in
sonakshi.bahety@swastika.co.in
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai