08 Feb 2010

08 Feb 2010:

Here are stocks that are in news today:

Jubilant Foodworks lists today
Jubilant Foodworks Q3
Income up 50% at Rs 117.4 crore
Net profit up at Rs 11.4 crore versus Rs 1.8 crore
Jubilant Foodworks FY10 Guidance
Sales seen at Rs 415-420 crore
EBITDA seen at Rs 65 crore
PAT seen at Rs 32 crore, EPS at Rs 5
((Market cap of Rs 923 crore, at issue price, PE = 29 times and Mcap/sales=2.2 times))
Other stocks that are in news today:
Reliance MediaWorks objects Inox’s acquisition of Fame, says the price was lower than a competing bid of Rs 80/sh from it – Reports
Govt drops Bank M&A plans following adverse views from RBI and political quarters – BS
Kingfisher Airlines hires US firm to restructure and improve its operational and financial performance – BS
ICICI Pru arm to take 40% in Ansal realty project in Ghaziabad – BS
F&O cues:
Total Futures Open Int down by Rs 551 crore , Total Options Open Int up by Rs 448 crore
Stock Futures add 15.3 lakh shares in Open Int
Nifty Calls add 6.8 lakh shares, Nifty Puts adds 92 thousand shares in Open Int
Nifty PCR at 1.03 versus 1.10
Nifty Futures 8 pt discount
Nifty 5000 Call Adds 2.4 lakh shares in Open Int
Nifty 4700 Call Adds 1.4 lakh shares in Open Int
Nifty 4800 Call Adds 1.2 lakh shares in Open Int
FIIs in F&O on February 6
FIIs net buy Rs 12 crore in Nifty Futures
FIIs net sell Rs 52 crore in Nifty Options
FIIs net buy Rs 8.3 crore in Stock Futures
FIIs net sell Rs 0.3 crore in Stock Options
Market cues:
FIIs were net sellers of USD 9.2 million and MFs were net sellers of Rs 296 crore on February 4, reports CNBC-TV18.
Total F&O Open Interest was up by Rs 1,000 crore at Rs 1,09,652 crore.
FIIs were net sellers of Rs 28.5 crore; however DIIs were net buyers of Rs 32 crore in the cash market on February 6 as per provisional data.
FIIs were net sellers of Rs 32 crore in F&O on February 6 as per provision.
US markets closed with marginal gains. The Dow Jones Industrial Average gained 10.05 points, or 0.1%, to 10012.23. The Nasdaq Composite Index was up 15.69 points, or 0.74%, to 2141.12. The Standard & Poor's 500 Index was up 3.08 points, or 0.29%, to 1066.19.
US jobs data, which showed US employers unexpectedly cut 20,000 in January, but the unemployment rate surprisingly fell to a five-month low of 9.7%.
Crude Oil was down $1.25 per barrel to $71.89 per barrel
The euro fell to its lowest level against the U.S. dollar since May over growing investor concern that European nations, including Portugal, Spain and Greece will struggle to control their budget deficits. The cost of insuring the debt of some euro zone countries against default hit record highs because of their fiscal deficits.
The dollar was bolstered against both the euro and yen after a report on U.S. payrolls showed American employers cut more jobs in January even as the unemployment rate fell.
The dollar's strength hammered commodity prices, which had fallen sharply on Thursday. Gold and copper slid to three-month lows.
Indian ADRs ended lower on Friday. In Banking space, HDFC Bank was down 3.77% at $111.43. ICICI Bank was down 3.54% at $33.54.
In IT space, Patni Computers was down 1.66% at $18.99, Wipro was down 1.11% at $19.56, Satyam Computers was down 1.01% at $4.89 while Infosys closed up 0.47% at $50.93.
In Telecom space, Tata Communication was down 0.76% at $13.01.
In other sectors, Tata Motors was down 0.90% at $14.28. However, Sterlite Industries was up 1.22% at $15.80 and Dr Reddy’s Labs was up 0.25% at $24.18.

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