The key points from the document are: 1) Indian markets gained slightly, with the Sensex rising 0.12% and Nifty 0.22%, as gains were limited amid concerns over China's manufacturing activity and upcoming central bank meetings. 2) Exports declined 5.45% in June while cumulative exports for April-June declined 1.7% from a year ago. 3) Power generators and construction companies rose on hopes of increased sales and plans for highway construction.

1.
India Morning Note
a g
Thur
rsday, Augu 02, 2012
ust 2
Dom
mestic Mark
kets Snapsh
hot Views on markets t
today
Nam of Index
me Jul 31 Aug 1 Change (%)
) • India markets gained sli
an s ightly to ex xtend a wiinning
Sensex 17,236.18 17,257.38 0.12% strea to a four day as C
ak rth Cipla surged after posting a
CNX Nifty
X 5,229.00 5,240.50 0.22% jump in earning but Coal India slum
p gs, l mped after it fuel
ts
suppply agreem ments with utilities sp parked con ncerns
BSE Mid-cap 6,012.28 6,069.67 0.95%
abou its marg
ut gins. Howev ver, gains were limite as
ed
BSE IT 5,345.02 5,327.09 -0.34%
Chin
na's manufa acturing acttivity fell to an eight-m
o month
BSE Banks 11,910.46 11,951.52 0.34% low, adding to risk avers
o sion ahead of the Fe
d ederal
FII A
Activity (`Cr) Reseerve's mee eting yeste erday and the Euro opean
Centtral Bank p policy meetting this we eek. BSE Sensex
Date
e Buy Sell Net
rose 21.20 poin or 0.12% up close to 68 points from
e nts % t s
31-Jul 2,953 2,025 928
the day's low a and off about 35 point from the day's
ts
30-Jul 2,680 1,473 1206 high. India's merchandise exports de eclined 5.45 to
5%
Tota Jul
al 45,578 38,272 7306 $25..06bn in Ju une 2012 while cumulative value of
2012 YTD 373,970 320,670 53300 expoorts for the period April
l-June 2012 declined 1.7% to
MF A
Activity (`Cr) $75..20bn from a year earlier.
Date
e Buy Sell Net • Sharres in diese power generators rallied after a two-
el
day blackout in India spurr red hopes of increased sales
o
27-Jul 482 399 83
of back-up el
b lectricity u
units. Seve eral constru uction
26-Jul 615 359 256
companies ros se after Union Road Transport and t
Tota Jul
al 8,100 9,955 -1855 Highhways Minis ster said that the prop posed frame ework
2012 YTD 71,243 78,943 -7700 of th EPC contract agree
he ement document will e enable
Volu
ume & Adva
ances / Dec
clines the contractual framew work for constructio on of
highways in an efficient, e
n economical and compe etitive
NSE BSE
environment. S Shares in the state miner will be
Trad
ding Volume (Cr) 55.09 19.24 vulnerable for mmore falls affter U.K. fun The Child
nd dren's
Turn
nover (`Cr) 9,000 1,918 Investment Fun Managem
nd ment said that it has f filed a
Advances 966 1,723 tion in the D
petit Delhi high ccourt agains a coal mi
st inistry
Declines 507 1,105 direc
ctive in Jannuary mand dating Coal India reve erse a
Unchanged 72 128 price hike. MCX rose 1.9% after Credi Suisse initiated
e X it
coveerage of the stock with an "outperf
e form" rating
g.
Tota
al 1,545 2,956
• Markket breadth was posit
h tive at ~1.5
56x as inveestors
Glob Markets
bal
bougght large c cap stocks. On provissional basis FIIs
s,
Inde
ex Late Values
est Change (%)
) bougght equity of `4.41bn while dom mestic institu
utions
DJIA
A 12,971.06 -0.29% sold equity of `1
1.73bn in ca segmen
ash nt.
NAS
SDAQ 2,920.21 -0.66% • Asia trades mi ixed ahead of ECB meet, with Japan
d m
Nikk *
kei 8,669.54 0.32% gaining after v
various sale and earn
es nings results and
Hang Seng * 19,705.84 -0.58% Hong Kong shar fell.
g res
* as o 8.25AM IST
of • We expect a flat openin for the Indian ma
ng arkets
Curr
rencies / Co
ommodities Snapshot
s following the directionless Asian stock
ks.
Latest Previous Econom and Cor
mic rporate Dev
velopments
s
Quote Close
Indian Rupee per $ 55.47 55.60 • SEBI plans po
I olicy which includes tax break for
h ks
investors & hig
gher minimum capitalization norm to
ms
Indian Rupee per € 67.85 68.38
reviv mutual fu
ve unds indust
try.
NYM
MEX Crude Oil($/bbl) 88.82 88.91
Gold ($/oz)
d 1,602.80 1,603.70 • Cabi
inet to cons
sider discussions on lan acquisitio bill
nd on
next week.
t
Silve ($/oz)
er 27.42 27.54
• Gove
ernment to take a call on 2G price today.
e
Keyn
note Capitals Research
h (reseaarch@keyno otecapitals.net) (+91222-3026600 00)
Keyynote Capita Research is also available on
als h
Bloo
omberg KNTE <GO>, Tho
E omson One A Analytics, Re
euters Knowwledge, Capit IQ, TheMa
tal arkets.com and securitie
a es.com
Keynote Capitals Institu
utional Resea
arch - winner of “India’s Best IPO Analyst Award 2009” by MCX-Zee Business
To unsubsc cribe from th mailing lis please reply to unsub
his st, bscribe@keyynotecapitals
s.net

2.
TOP GAINERS Buzzin Stocks
ng
(BSE A-Group)
E • Stat Bank of India cut a
te auto loan ra
ates to 10.75%
Previous Currennt Change from 11.25% e
m effective fr
rom August 7. It also cut
t
Com
mpany Name
e
Close(`
`) Price(`
`) (%) hom loan rate up to `3 lakh to 10.25% and on
me es 30 d
Century Tex 290.25
5 307.75 6.03 hom loans abo
me ove `75 lakh to 10.4% from 11%.
h
REC
C 188.05
5 198.90 5.77
• Sources indicate that De eccan Chron nicle promo
oters
Bharat Elect 1160.55
5 1219.05 5.04 fudg
ged owners ship details to pledg shares. The
s ge
Cipla 338.55
5 353.45 4.40 shar
res of Decc can are currrently pledg
ged with Fu
uture
TTK Prestige 3565.65
5 3722.05 4.39 Capital. It is a
also said that they forrged depository
(BSE Mid-Cap)
E Karv
vy’s letter h
head.
• Hero MotoCor
o rp’s total sales came in be elow
Previous Currennt Change
Com
mpany Name
e estimates, dow 1.5% ye
wn ear on yea at 4.84 lakh
ar
Close(`
`) Price(`
`) (%)
BAS India
SF 558.70 629.15 12.61 unit versus 4.9 lakh unit
ts 91 ts.
Dew
wan Housing 145.00 158.50 9.31 • Ambbuja Cemen nts' July production ca ame in at 1.69
Relig
gare Enter 331.05 357.95 8.13 million tonne ve
ersus 1.67 mmillion tonne year on year.
Elan
ntas Beck-$ 1398.85 1487.20 6.32 • Jet fuel prices hiked for second time in a month by
f e
Century Tex 290.25 307.75 6.03 4.5% effective A
% August 1.
• IOB to come u with $50
up 00mn bond issue with a
hin
TOP LOSERS
monnth.
(BSE A-Group)
E
• CCI approves Saurashtra Chemicals' merger Into
a
Previous Currennt Change Nirm
ma.
Com
mpany Name
e
Close(`
`) Price(`
`) (%)
Coal India 359.30
0 349.50
0 -2.73 • First
tsource to r
raise `416Cr via ECB.
r
HPC
CL 344.25
5 336.00
0 -2.40 • 3 Esssar firms including Es
ssar Shippin can now bid
ng w
ONG
GC 285.80
0 280.25
5 -1.94 for ONGC tende
O ers.
NHP
PC 18.25
5 17.90
0 -1.92 US markets
Jain Irrigation 81.00
0 79.50
0 -1.85
U.S. st Wednesday after the Federal Reserve
tocks fell W F
(BSE Mid-Cap)
E held pat on mon
p netary polic and pav
cy ved the way to
further stimulus, w
r with investo bracing for a gathe
ors ering
Previous Currennt Change
Com
mpany Name
e of Euro
opean centr bankers.
ral
Close(`
`) Price(`
`) (%)
Glod
dyne Tech 197.65 187.80 -4.98
Shre Global Trd
ee d 73.35 70.20 -4.29
Motilal Oswal 101.20 98.50 -2.67
AIA Engineering 316.95 309.00 -2.51
Infot
tech Enter 177.15 172.75 -2.48
Keyn
note Capitals Research
h (resea
arch@keyno
otecapitals.net) (+912
22-3026600
00)

3.
India and Globa Economic Calendar
a al c
Countries / Thursday Fr
riday Monday
M Tuesday
T
Reg
gions 2-A
Aug 3-Aug 6-Aug
6 7-Aug
Ind
dia Forex Res
serves Data
a
Bank Loa Growth
an
US Initial Jobless Claims Average Hourly Consum Credit
mer
Earnings (YoY) & Change
e
Average Weekly
Hours
Factory Orders Nonfarm Payrolls &
(MoM) Unemployment Rate e
ISM Non-
Manufact
turing PMI
Glo
obal UK's Halifa House
ax UK Marke Services
et Japan Ind
dustrial UK's Industrial
Prices (Mo
oM) PMI Production Data Producttion (MoM)
and (Yo
oY)
UK's BoE I
Interest Germany Market
y UK's BRC Retail
C UK's Manufacturing
Rate Decis
sion Services PMI Sales Mo
onitor - (YoY
Y) Product
tion (MoM)
and (Yo
oY)
Eurozone's Sentix
Investor Confidence
e
KEYN
NOTE CAPITTALS LTD.
The Rub 9th Floo Senapati Bapat Marg, Dadar (W), Mumba – 400 028
by, or, ai 8
Tel. : +9
9122-30266
6000 • www
w.keynotec
capitals.com
m
Disclaiimer: This re
eport is purely for informa ation purpose and is bassed on public information News cont
c n. tent is attribu
utable to
various media, unle specified otherwise. A market related statistic data perta
ess All cal ains to the im
mmediately preceding trad ding day,
unless stated other
s rwise. Neithe the informa
er ation nor any opinion expressed in this report constitutes an off
y s fer, or an invitation to
make an offer, to bbuy or sell the securities m
mentioned he erein. We or any of our directors, offic
cers or emplo
oyees shall not in any
way be responsible for any loss arising from the use of this report. Investors are advised to apply their own judgmen before
e e s m e o nt
acting on the conteents of this re
eport. The rep
port has not been edited due to time c
d constraints.