30 June 2010 Closing Market Updates

30 June 2010 Closing Market Updates  15:31

A volatile day ended with a firm gains as European markets and US Index futures opened positive and were trading positive at the time of closing of our market.Nifty closed at 5315.60 with 59.45 points and Sensex gained 185.10 points and ended at 17719.19.

Among the BSE Sectoral indices, FMCG Index gained the most by 2.02% but IT Index ended flat.

IDFC was the top gainer in Nifty50 stocks which gained 4.41% and ended at 179.95 on the contra, Bhartiartl was the top loser in the index.Bharti declined by 1.28% and ended at 262.40.

Market breadth was positive as 756 stocks gained while 547 stocks declined today on NSE.

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30 June Morning Market Updates:

30 June Morning Market Updates:

Stocks that are in news today:

Kotak Mahindra Bank
Japan based SMBC to acquire approximately 4.5% stake in Kotak Mahindra Bank for Rs 1366 cr
Proposed investment by SMBC at Rs 833/share

M&M
M&M looking to acquire Boeing's Australian facility
M&M in talks with Boeing to acquire its Australian assets
May look at relocating Boeing equipments to India
Deal size could be up to Rs 250 crore 

Spice group chairman: From DJ
To invest about USD 100 million on Indonesian buys
To sell 30M Spice mobility treasury shares by October
Likely to raise about Rs 300 crore via treasury share sale

Base Rate
BOB : 8%
PNB :8%
Central Bank of India : 8%
Bank of Rajasthan :8%
Union Bank of India : 8%
ICICI Bank to announce base rate today 

F&O cues:

Futures Open Int down Rs 82 crore

Options Open Int up Rs 4261 crore 

Nifty Futures add 5 lakh shares in Open Int

Nifty Futures at 10-point premium

Nifty Open Int PCR at 1.26 versus 1.29

Nifty Puts add 34 lakh shares in Open Int

Nifty Calls add 38 lakh shares in Open Int

Nifty 5200 Put adds 6.5 lakh shares in Open Int

Nifty 4900 Put adds 4.9 lakh shares in Open Int

Nifty 5300 Put sheds 5.3 lakh shares in Open Int

Nifty 5400 Call adds 11.2 lakh shares in Open Int

Nifty 5300 Call adds 9.6 lakh shares in Open Int

Nifty 5500 Call adds 7.1 lakh shares in Open Int

Stock Futures add 1.6 cr shares in Open Int

FIIs in F&O on June 29

Net sell Rs 1458 crore in Nifty Futures

Net buy Rs 1064 crore in Nifty Options

Net sell Rs 376 crore in Stock Futures

Market cues:

US markets slide, Dow ends below 9900

US markets: Broader index Russell down 4%

Europe Update
FTSE, DAX down 3%, CAC down 4%; Spain down 5.5%

NSE F&O Open Int was up by Rs 4,180 crore at Rs 1.13 lakh crore

As per provisional data of June 29, FIIs net sell Rs 261 crore; DIIs net sell Rs 115 cr in cash markets. FIIs net sell Rs 791 cr in F&O.

Us Markets:

US stocks slid on Tuesday after concerns resurfaced over euro-zone fiscal woes ahead of massive bank repayments to the European Central Bank and a steep drop in consumer confidence unnerved investors.

The S&P 500 briefly tumbled near its 2010 intraday low of 1,040.78, which analysts said could ignite further declines. The index is on track to close at its lowest level since November and on track to break its closing low for the year at 1,050.47 another bearish signal for markets.

"This is very interesting now. This is a real critical point. If you can't hold 1,040 at this time of the day, you are set up for a pretty ugly close," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.

The equity sell-off was widespread in a run of selling that began in Asia overnight and then expanded into Europe. Economically sensitive sectors such as materials, industrials and financials were among the hardest-hit sectors.

Boeing Co slid 6% to USD 63.29 and Caterpillar Inc shed 5.1% to USD 61.14. Diversified manufacturer 3M Co, which raised its second-quarter sales outlook last night, was not immune to the selling pressure, dipping 0.2% to USD 78.80.

Fears about the strength of the banking system surfaced again, with investors worried about a potential liquidity shortfall of more than 100 billion euros in the financial system as European banks repay 442 billion euros (USD 545.5 billion) in emergency loans on Thursday.

US consumer confidence dropped sharply in June, after rising for three months, on worries about the labor market, according to a report from the Conference Board. The news heightened fears of an economic slowdown after recent spate of weak data from the housing and job markets.

29 June 2010 Closing Market Updates

29 June 2010 Closing Market Updates  15:31

Market opened with a weak note as Asian markets were trading on lower side.Later on selling pressure increased as European markets opened with gap down.Our markets closed nearly 1.5% down as European markets were trading down more than 2% and Dow Future was also trading with 120 points down.

Nifty closed at 5255.50 with 78 points down whereas Sensex closed at 17533.34 with 240.92 points down.

All the BSE Sectoral Indices closed in red.Metal index was down most by 2.85%.

In Nifty50 stocks, Hindalco was the top loser with 4.51% and ended at 143.85 while in gainers IDFC was the top gainer among 4 stocks.IDFC gained by 1.26% which ended 172.40.

Overall market width was negative as 924 stocks declined whereas 389 stocks gained today on NSE.

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29 Jun 2010 Morning Market Updates

29 Jun 2010 Morning Market Updates  08:50

28 June 2010 Closing Market Updates

28 June 2010 Closing Market Updates  15:31

Strong stocks like Reliance Industries,ONGC, Tatamotors, Idea, L&T, BPCL pulled the index to close higher instead of weak Asian closing.

Nifty ended at 5333.95 with 64.90 points gain and Sensex ended at 17770.96 with 196.43 points jump.

Among BSE Sectoral indices, FMCG Index was the only loser with 0.76% and the top gainer was Consumer Durable Index(CD) with 3.16% gain.

In Nifty50 stocks, RCom was the top gainer with 4.65% and ended at 201.25 while Gail was the top loser with 2.52% and ended at 471.95.

Overall market breadth was positive as 914 stocks gained whereas 394 stocks declined today on NSE.

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28 June 2010 Intraday Calls

28 June 2010 Morning Market Updates  08:50

Market will open flat as US Markets closed flat and Asian cues are also trading flat.

Intraday Calls :
Follow sell calls in negative market bias.

Sell Ambujacem Bel 116.5 sl 118 T 114

Sell ICICIBank sl 862 T 845
Sell Jindalstel sl 648 T 628
Sell LT Bel 1731 sl 1758 T 1680
Sell M&M Bel 611 sl 618 T 598
Sell SBIN sl 2319 T 2261
Stocks in News :
Reliance Communications-GTL

-Rel Comm, GTL infra agree on Rs 50000 crore tower sharing deal
-Rel Infratel to demerge tower assets into GTL Infra
-Rel Comm to receive infusion in cash; to reduce debt
-Merged entity to have over 80,000 towers
-Merged entity to have 1.25 lakh tenancies from 10 telcos
-Quantum of cash infusion to RCOM, and the share swap ratios for RCOM and RINFRATEL minority shareholders will be finalised in due course
Rel Comm -
-Rel Comm to slash International call tariff rates by 60%
-Brings in Tariff war in International Segment
-Call rates to US, Canada slashed to Rs 1.99/minute
Current rates to US, Canada @ Rs 5-10/minute
-Reduces rates for International Call Cards to Rs 37 fm Rs 49
-Intl Call rates applicable to all CDMA & GSM subscribers
Board Meets

-Tata Motors : Fund raising
-Maytas Infra : CDR & Results
-Aqua Logistics: Split
Other stocks and sectors that are in news today:
-Lumax Auto Technologies mulls a Board Meet on 26th June for preferential allotment to promoters
-Essar Oil declared winner of four Coal Bed Methane blocks
-Alembic : Board meet on 29 June for corporate re-organisation
-HCC awarded Rs 431 corre Sainj Hydel Project in HP
-Tata Motors will setup a new manufacturing plant for 2nd plant for ACE – BS -Reliance Power request for USD 650 million in financing to build a coal-fired power plant in India, has been rejected by the US Export-Import bank – FE
-RIL close to selling a 2.5 crore commercial plot at BKC to Wadhwa developer at around Rs 1000 crore: reports
-Rane group is investing Rs 260 crore to meet the rising demands from vehicle manufacturers – BS
F&O cues:

Futures Open Int up Rs 903 crore
Options Open Int up Rs 4984 crore
Nifty Futures Open Int unchanged

Nifty Futures at 15-point premium
Nifty Open Int PCR at 1.29 versus 1.19
Nifty Puts add 62 lakh shares in Open Int
Nifty Calls add 17 lakh shares in Open Int
Nifty 5200 Put adds 8.8 lakh shares in Open Int
Nifty 5000 Put adds 8.7 lakh shares in Open Int
Nifty 4800 Put adds 8.6 lakh shares in Open Int
Nifty 5600 Call adds 3 lakh shares in Open Int
Stock Futures add 4.4 crore shares in Open Int
FIIs in F&O on June 25
Net sell Rs 1604 crore in Nifty Futures
Net buy Rs 1677 crore in Nifty Options
Net sell Rs 236 crore in Stock Futures


Disclaimer :
Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report other than recommendations has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, business associates, its directors or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication.
The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained.






Contact Details :


Email : info@integrity.org.in


Call : +91 99750 60000


For Abroad Investors : +91 9371031008

24 June 2010 Closing Market Updates  15:33

For the whole day market traded with a cautios note because of the exact outcome of EGoM.But in the afternoon,the Government has decided to free petrol price from its clutch and now will be driven by the market. However it has hiked diesel and cooking fuels price from midnight, as the Empowered Group of Ministers (EGoM) has given a nod to the price-hike, Petrol hiked by Rs.3.5/litre,diesel by Rs 2 per litre, kerosene by Rs 3 per litre while LPG will be hiked to Rs 35 per cylinder.As an affect Nifty ended at 5269.05 shedding 51.55 points and Sensex closed at 17574.53 with 155.71 points down.
Among BSE Sectoral Indices,Oil & Gas Index was the top gainer by 2.88% while Bankex lost the most by 2.19%.
In Nifty50 stocks, BPCL was the top gainer with 12.16% and closed at 617.70 while top loser ICICI Bank lost by 3.80% and closed at 852.05.
Market breadth was negative as 867 stocks declined and 444 stocks gained today on NSE

25 June Morning Market Updates:

25 June Morning Market Updates:
Stocks that are in news today:
GMR Infra
Wins Male International Airport expansion project
GMR highest bidder with USD 78 million for the project
GMR to take 1% profit till 2014
GMR to take 10% profit from 2015-25
Another unsuccessful bidder GVK offered USD 27 million
SK Tayal says
Bank of Rajasthan sending relevant papers to RBI for merger approval
RBI to decide on validity of shareholders' vote
F&O update
ABG Shipyard, Core Projects, Orbit added in F&O
Neyveli, TTML, Reliance Media out of F&O
Other stocks and sectors that are in news today:
JSL : Bondholders agree to re-structure Bonds , ((Extention of maturity by 10 years))
Zenith Birla (India) : Approved Bonus share in ratio 1:5
FCS Software : Wins a contract with revenue potential of Rs 200 crore over 3 years
Board Meet Today: Motilal Oswal : Issue of Preferential shares to promoters
BNSL lashes out at TRAI for taking only private calls – ET
South Korea’s Kia Motors plan India foray – DNA
Samruddhi Cement listing likely next week
Alstom close to deal with BHEL, Nulcear Power – BL
F&O cues:
Futures Open Int up Rs 2321 crore, Options Open Int up Rs 2390 crore
Nifty futures add 35 lakh shares in total Open Int
Nifty July at 7-point premium, June at 2-point premium
Nifty Open Int PCR for all series at 1.84 versus 1.80
Nifty Open Int PCR for next series at 1.28
Nifty Puts add 34 lakh shares, Nifty Calls add 6.5 lakh shares in Open Int
Nifty July 5100 Put adds 18 lakh shares in Open Int
Nifty June 5300 Put adds 7 lakh shares in Open Int
Nifty July 5500 Call adds 10 lakh shares in Open Int
Nifty Jul 5400 Call adds 8.5 lakh shares in Open Int
Stock futures add 1.6 cr shares in Open Int
FIIs in FO on June 23
Net buy Rs 141 crore in Nifty futures
Nifty Futures Open Int up 1.55 lakh contracts
Net buy Rs 1305 crore in Nifty options
Nifty Options Open Int up 52,560 contracts
Net sell Rs 473 crore in Stock futures
Stock Futures Open Int up 30,604 contracts
Market cues:
NSE F&O June series expiry today
FIIs were net buyers of USD 225.3 million in equities on June 22
NSE F&O Open Int up Rs 4711 cr at Rs 1.60 lakh crore
As per provisional data of June 23, FIIs were net buyers of Rs 265 crore; DIIs were net sellers of Rs 866 crore in cash markets. FIIs were net buyers of Rs 956 crore in F&O.
The US markets fell sharply as selling accelerated in the final hour of trading. Worries about financial reforms and Greece weighed on the market. Economic data wasn't inspiring but didnt disappoint either.
Concerns over Greece weighed on the market as the nation's credit-default swaps, the cost of protecting it against default on its debt, hit a record high.
Overall, consumer discretionary, materials and financials were the worst-performing sectors. Financials took a hit as worries about the financial-reform bill and another earnings downgrade weighed on the sector
Volatility spiked as result of the stock market's sell-off. That sent the volatility index more than 10% higher. It has been nearly three weeks since it moved so sharply.
The Dow Jones Industrial Average closed at 10,152.80, down 145.64 points or 1.41%. The Nasdaq Composite fell 36.81 points or 1.63% to 2,217.42 and S&P 500 Index slipped 18.35 points or 1.68% to settle at 1,073.69.
In economic data, the durable goods orders for May fell 1.1%, which was softer than the expected 1.3% decline. However orders without the transportation increased 0.9%, which was a slower clip than the 1.3% increase that had been anticipated.
Meanwhile the the initial jobless claims declined 19,000 week-over-week to 457,000, which was largely in-line with the 460,000 initial claims that had been widely expected. Continuing claims fell 45,000 week-over-week to 4.55 million, which was also on par with what had been expected.
Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report other than recommendations has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, business associates, its directors or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication.The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained.
Contact Details :
Email : info@integrity.org.in
Call : +91 99750 60000
For Abroad Investors : +91 9371031008

24 June 2010 Closing Market Updates

24 June 2010 Closing Market Updates  15:32
Today on the expiry of June month Derivatives contract also market ended with a minor losses.Spot Nifty ended at 5312.35 with 10.80 points of gain but Sensex closed at 17683.41 with 72.53 points of losses.July month Nifty Future ended with 1.55 point in premium at 5313.90.
Among the BSE Sectoral Indices, FMCG index was the top gainer with 0.76% while Realty index was the top loser by 0.89%
Axis Bank was the top gainer in Nifty50 with 1.41% and ended at 1267 and Kotakbank ended at 755.55 with 3.64%
Market breadth was mixed as 697 stocks gained and 605 stocks declined today on NSE.

24 June 2010 Intraday Calls

24 June 2010 Morning Market Updates  08:50

Today market will open on lower side because of weak Asian markets.Nifty may corrects upto 5280-5285 levels.
Intraday Calls :
Buy Aban Abv 746 sl 740 T 756


Buy ACC Around 866 sl 858 T 876

Buy BPCL Abv 561 sl 553 T 573



Sell Bhel Bel 2423 sl 2436 T 2410

Sell HCLTech Bel 370 sl 375 T 363

Sell HDFCBank Bel 1988 sl 2005 T 1946 Positional

Sell M&M Bel 626 sl 632 T 616

Sell Rcom Bel 179 sl 184 T 170

Sell Relcapital Bel 754 sl 762 T 744

Sell SBIN Bel 2335 sl 2360 T 2270 Positional

Sell RNRL Bel 63 sl 65 T 59

Stocks in News ;
HCL Corp to sell 1 cr shares or 1.48% in HCL Tech Via Block Deal


Alert: HCL Corp is promoter company of HCL Tech

Block Deal to take place between Rs 354-360/sh today

ALERT: HCL Corp Owns 50.27% Stake in HCL Tech

Deutsche Bank likely to be one of the bankers



Sources Say:

ING Bank To Sell Its Entire Stake In Kotak Mahindra Bank

ING Bank To Sell Entire Stake In Kotak Bank Via Block Deal

Book Size: 70 Lakh Shares; Upsize Of 36 Lakh Shares

ING To Sell Stake For Rs 730- Rs 750/sh; CMP At Rs 783.20/sh

Book Opened To Institutional Investors

ING Bank Holds 3.07% Stake :: In Kotak Mahindra Bank

Ex-Dates Today


Yes Bank : Ex-Dividend Rs.1.5/shr

Union Bank of India : Ex-Dividend Rs.5.5/shr

Bank of Baroda : ex-Dividend Rs.15/shr


Other stocks and sectors in the news

Vishal Retail board approves MoU With TPG In Accordance With CDR

Balaji Telefilms receives notice from the Thane City Civil Court from RNA builders for 13,890sq mt dispute

Re-Listiing : Kirloskar Oil Engines ((Investment business , expected listing around Rs.450-500))

Board Meet Today: Edelweiss Capital : Stock Split/Bonus

Fortis : 3 Parkway Directors may vote against Malaysian bid : BL

Cable Corp to develop Rs.1000cr land :BL

Essar Shipping plans $250 m FCCB : DNA

F&O cues:




Futures Open Int up Rs 2321 crore, Options Open Int up Rs 2390 crore



Nifty futures add 35 lakh shares in total Open Int

Nifty July at 7-point premium, June at 2-point premium




Nifty Open Int PCR for all series at 1.84 versus 1.80



Nifty Open Int PCR for next series at 1.28



Nifty Puts add 34 lakh shares, Nifty Calls add 6.5 lakh shares in Open Int



Nifty July 5100 Put adds 18 lakh shares in Open Int



Nifty June 5300 Put adds 7 lakh shares in Open Int



Nifty July 5500 Call adds 10 lakh shares in Open Int



Nifty Jul 5400 Call adds 8.5 lakh shares in Open Int



Stock futures add 1.6 cr shares in Open Int



FIIs in F&O on June 23



Net buy Rs 141 crore in Nifty futures



Nifty Futures Open Int up 1.55 lakh contracts



Net buy Rs 1305 crore in Nifty options



Nifty Options Open Int up 52,560 contracts



Net sell Rs 473 crore in Stock futures



Stock Futures Open Int up 30,604 contracts

23 June 2010 Closing Market Updates

23 June 2010 Closing Market Updates  15:32


Flat market ended with minor gains with a cautious note before the July Derivative expiry.Nifty closed at 5328.25 with 11.70 points of gain and Sensex closed at 17759.78 with just 10.09 points of gain.
Among BSE Sectoral Indices, Realty gained the most by 1.43%. while Capital goods index was the leading loser by 1.38%.
In Nifty50 stocks, Maruti gained most by 3.18% and closed at 1412.60 whereas L&T was the loser by 3.19% and closed at 1767
Market breadth was positive as 845 stocks gained and 454 stocks declined today on NSE.

23 June 2010 Morning Market Updates

23 June 2010 Morning Market Updates  08:50

Market will open in continuation of yesterday's slide.Asian markets are trading weak as US markets closed negative.We can expect a downside upto 5285-5290 levels to get a support.Another uncertainty is the most awaited meeting of Empowered Group of Ministers (EGoM) which will be held on this Friday.Therefore we expect more volatility in PSU Oil stocks.
Stocks in News :
China Ministry Of Finance ((Steel stocks to benefit))

-Eliminating VAT rebate of certain export products
-Eliminating 9% export rebate primarily flat products & long products w.e.f July 15
GST -Petro, Gas, Alcohol, Octroi likely out of GST net: Sources
-Electricity duty likely out of GST net: sources
Bank of Rajathan CEO
-We are awaiting legal opinion, to see if legal process can reach a conclusion
-Interested in complying with majority shareholders' decision
MTNL

-MTNL pays up Rs 4,534 crore for BWA spectrum
-Entire amount raised from 3 banks ((ICICI Bank, Central Bank & Yes Bank))
Ex-Dates today
-Kansai Nerolac Paints : Ex-Bonus 1:1
-Genesys International : Ex-Split 2:1
-UCO Bank : Ex-Dividend @ Rs 1.5/share
-United Bank of India : Ex-Dividend @ Rs 2/share
Insurance update
-May industry premium collections up 61% at Rs 13,963 crore (YoY)
-LIC May new premium up 88% at Rs 10,081 crore (YoY)
-Private companies' May new premium up 17% at Rs 3,882 crore (YoY)
-SBI Life May new premium down 19% at Rs 627 crore (YoY)
-ICICI Pru May new premium up 58% at Rs 761 crore (YoY)
-PMO gives a push for FDI in arillines.
F&O cues:

Futures Open Int up Rs 2384 crore, Options Open Int up Rs 1673 crore
Nifty futures add 47 lakh shares in total Open Int
Nifty July futures at 11-point premium

Nifty Open Int PCR at 1.80 versus 1.76
Nifty Puts add 26 lakh shares, Nifty Calls add 3 lakh shares in Open Int
Nifty Jul 5200 Put adds 11 lakh shares in Open Int
Nifty Jul 5300 Put adds 8.9 lakh shares in Open Int
Nifty June 5200 Put sheds 6.5 lakh shares in Open Int
Nifty June 5200 Call sheds 10.8 lakh shares in Open Int
Stock futures add 1.1 cr shares in Open Int
Rollover stats
Marketwide rollover at 46%, in line with May expiry
Nifty rollover at 40% versus 45% in May expiry
Nifty long roll cost up to 8 points from 5 points on Monday
FIIs in F&O on June 22
Net sell Rs 215 crore in Nifty Futures
Net buy Rs 1617 crore in Nifty Options
Net sell Rs 746 crore in Stock Futures
EGoM :
The stocks of PSU oil marketing companies IOC, BPCL and HPCL were up by three to four per cent on Tuesday on the hope that the government may finally bite the bullet and decontrol fuel prices.

However, the government is facing stiff resistance from both the allies and opposition parties on any hike in the prices of petroleum products.
What has made the decision to decontrol fuel price more difficult for the government is that the inflation in May crossed double digits and any fuel price increase at this juncture will make the lives of people more difficult. But the petroleum ministry and the planning commission are reportedly pushing for the decontrol of fuel prices.
The first meeting of the EGoM which took place two weeks back had failed to reach any conclusion as a majority of members were absent. Since then the petroleum ministry has been trying to hold the second meeting of the EGoM to reach to a decision.
In order to lower the impact of the fuel price hike, Mr Deora had written to the chief ministers asking them to lower the VAT imposed on the petroleum products.
Petrol price will go up Rs 3.73 a litre if the domestic prices are aligned with international rates. This is because currently domestic retail prices are benchmarked at close to $60 per barrel crude oil price while the global rates currently are over $ 77 per barrel.
The Kirit Parikh committee on the fuel pricing had in its report recommended freeing of petrol and diesel prices and a hike of Rs 100 in LPG and Rs 6 per litre in kerosene.

22 June Market Closing:

22 June Market Closing:
Nifty closed 96.75 points down at 5316.55
Sensex closed 126.86 down at 11749.69

22 June Morning Marktet Updates:

22 June Morning Marktet Updates:
Stocks that are in news today:
Yes Bank
Rabo Bank puts its 11% stake in Yes Bank on the block
Deal to be executed today via block deal
Rabo Bank to sell 3.73 crore shares of Yes Bank at Rs 260-270/share
Oil Ministry
Oil Ministry writes to several CMs to rationalise taxes
Oil Ministry asks state govts to reduce VAT on petrol, diesel
Replace ad-valorem levies with specific rates: Murli Deora
Ad valorem rates aggravates impact of global oil prices on consumer: Murli Deora
Car makers
Car makers likely to hike prices in July by 3-5%
Price hike to be announced in first week of July by automakers
Hike on account of raw material prices going up
Maruti, Hyundai, M&M, Tata Motors likely to hike prices
Will be the fourth price hike since January 2010
Automakers Say
Prices of steel and rubber have gone up 20-25% in Apr-May 2010
January price hike was due to rise in input costs
Second 2% excise duty hike in the Union Budget
Third in April 2010 due to implementation of new emission norms
Tulip Tele
Tulip Tele, Global Group in talks to acquire 13% each in Qualcomm BWA venture
Global Group is holding co of GTL Infra, GTL
Tulip Tele eyeing entire 26% stake in Qualcomm Venture
26% in Qualcomm Venture likely to be valued bet USD 100-200 million
Qualcomm won four circles in BWA auctions for USD 1 billion
Circles include Delhi, Mumbai, Haryana, Kerala
F&O cues:
Futures Open Int up Rs 792 crore
Options Open Int up Rs 2584 crore
Nifty Futures shed 2 lakh shares in total Open Int
Nifty Futures rollover at 27%
Nifty June at 4-point premium
Nifty July at 11-point premium
Nifty Open Int PCR at 1.76 versus 1.67
Nifty Puts add 49 lakh shares in Open Int
Nifty Calls shed 4 lakh shares in Open Int
Nifty June 5300 Put adds 33 lakh shares in Open Int
Nifty June 5400 Put adds 16 lakh shares in Open Int
Nifty July 5300 Put adds 10 lakh shares in Open Int
Nifty June 5400 Call adds 14.6 lakh shares in Open Int
Nifty July 5400 Call adds 6.9 lakh shares in Open Int
Nifty June 5200 Call sheds 19 lakh shares in Open Int
Stock Futures shed 0.5 cr shares in Open Int
Mktwide rollover at 32% versus 29% last time
Nifty rollover at 27% versus 29% last time
United Phosphorus
64% rollover vs 24%, Open Int up 2.5x from last expiry
Suzlon
Highest next mth Open Int in value terms
FIIs in F&O on June 21
Net buy Rs 426 crore in Nifty Futures
Net buy Rs 1092 crore in Nifty Options
Net sell Rs 196 crore in Stock Futures
Market cues:
US mkts take a breather, end with minor losses
MSCI keeps South Korea & Taiwan in EMs
FIIs were net buyers of USD 151 million in equities on June 18
NSE F&O Open Int was up by Rs 3376 crore at Rs 1.52 lakh crore
As per provisional data of June 21, FIIs were net buyers of Rs 1564 crore; DIIs were net sellers of Rs 561 crore in cash markets. FIIs were net buyers of Rs 1321 crore in F&O.
US Markets:
In the US markets, stocks snapped a four-session winning streak as the dollar gained and the China-fueled rally petered out. News that China will let its yuan move more freely triggered a strong buying effort but a gradual loss of support left stocks to surrender all of their gains. The rally faded on growing doubts about how big an impact such a move would have as Beijing is expected to do it gradually.
Materials and industrials were the biggest gainers, while consumer discretionary and tech were among the weakest links. Alcoa was among the major gainers of the day.
The CBOE volatility index was above 25 at the closing bell.
Nasdaq Composite was down 0.90% or 20.71 points at 2289.09. Dow Jones Industrial Average was down 0.085 or 8.23 points at 10442.41. Standard & Poor's 500 was down 0.39% or 4.31 points at 1113.2.
In the currency space - the euro fell slightly against the dollar to 1.2313 levels after trading at one-month high of 1.2490. Traders sold the euro after it failed to get above the 1.2350 mark. It is trading further lower in Asia this morning. The dollar rose against the yen as well and the dollar index is close to the 86 levels.
Crude declined for the first time in three days as optimism faded that China's plan to add more flexibility in the yuan's fixed exchange rate would strengthen the global economic recovery. Crude closed New York trade below the USD 78 levels it hit earlier yesterday. A pullback by the euro and a slide in natural gas futures also curbed the rally.
Copper also pared its gains after it was up strongly in response to the news about the yuan. The metal rose the most in a week earlier yesterday on speculation that demand may grow after China signaled an end to the yuan's fixed rate against the dollar. However, most industrial metals pared gains as the yuan optimism faded.
Gold fell nearly 2% posting its biggest one-day drop in more than a month, after a sudden decline in the euro prompted investors to take profits from all-time highs set in earlier trading. Earlier in the session, gold rose to a record high above 1,260 dollar an ounce.

21 June 2010 Closing Market Updates

21 June 2010 Closing Market Updates  15:32


Strong global cues pulled the indices to end higher side.Nifty closed at 5346.30 with 83.70 points gain.Nifty June month Future ended with approx.8 points premium at 5354.15.Sensex closed at 17863.15 which was 292.33 points higher than previous close.
All the BSE Sectoral indices closed in positive.Metals shone.Metal index gained the most among the BSE Ectoral Indices by 5.09%.
In Nifty50 stocks, Tatasteel gained the most by 6.31% and closed at 503.65 while HCL Tech lost by 0.32% and ended at 388.
Advance/Decline ratio was positive to 2.5 : 1 as 925 stocks gained and 370 stocks declined today on NSE.

20 June Morning Market Updates:

20 June Morning Market Updates:
Stocks that are in news today:

Maytas Infra
Bin Laden Group to pick up 20% stake in Maytas Infra via preferential allotment
Maytas Infra open offer at Rs 195.72/share
Open offer opens on August 12
IL&FS stake to come down to 29%
Maytas Infra sources say confident of announcing FY10 results by June 30
ALERT: Bin Laden Group is West-Asian construction conglomerate
Insurance stocks in focus
Law ministry ordinance says ULIPs governed by IRDA
New ULIP guidelines likely today, new ULIPs will not require SEBI nod: Sources
Reliance Broadcast Network

In JV with CBS of US
JV to own, operate television channels in India
RBN & CBS will have equal 50% equity interest in JV
To start with English language general entertainment channels
JV to explore Hindi, regional entertainment channels in phase-II
Deepak Parekh to CNBC-TV18
SPV of HDFC’s Investment in unlisted cos to take shape by this year
Forthcoming AGM will not spell SPV details
Ex-Dates
Sterlite : Bonus @ 1:1 & Stock Split @ 2:1
Ultra Tech Cement : Ex-Dividend @ Rs 6/share
Corporation Bank : Ex-Dividend @ Rs 16.5/share
RS Software: Ex-Bonus @ 28:10
Panoramic Universal : Ex-Bonus @ Rs.5:1
Market cues:

Law Ministry Ordinance says ULIPs governed by IRDA
New ULIP guidelines likely today
New ULIPs will not require SEBI nod: Sources

China to allow flexibility in Yuan
FIIs were net buyers of USD 117 million in equities on June 17
NSE F&O Open Int was up Rs 4593 crore at Rs 1.48 lakh crore
As per provisional data of June 18, FIIs were net buyers of Rs 779 crore; DIIs were net sellers of Rs 500 crore in cash markets. FIIs were net buyers of Rs 128 crore in F&O.
F&O cues:

Futures Open Int up Rs 1662 crore
Options Open Int up Rs 2357 crore
Nifty June Futures shed 10 lakh shares in Open Int

Nifty June Futures at 10-point premium
Nifty July Futures add 10 lakh shares in Open Int
Nifty July Futures at 9-point premium
Nifty Open Int PCR at 1.64 versus 1.56
Nifty Puts add 44 lakh shares in Open Int
Nifty Calls shed 6.5 lakh shares in Open Int
Nifty 5200 Put adds 13 lakh shares in Open Int
Nifty 5300 Put adds 12 lakh shares in Open Int
Nifty 5200 Call sheds 10 lakh shares in Open Int
Stock Futures add 1.5 cr shares in Open Int
FIIs in F&O on June 17
Net buy Rs 359 cr in Nifty Futures
Net buy Rs 90 cr in Nifty Options
Net buy Rs 120 cr in Stock Futures
US Market::
US stocks rose slightly in another lightly traded session on Friday, ending a nervous week higher despite signs of economic weakness at home and worries about public debt in Europe.

The Dow Jones Industrial Average gained 16.17 points, or 0.15%, to 10,450.34. The Standard & Poor's 500 Index added 1.37 points, or 0.12%, to 1,117.41. The Nasdaq Composite Index rose 2.64 points, or 0.11%, to 2,309.80.
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18th June 2010 Closing Market Updates

18th June 2010 Closing Market Updates  15:32
Realiance AGM outcome could not able to hold the bull steam for the day and market ended in negative after 6 days rally. Nifty ended at 5257.95 by losing 16.90 points while Sensex ended with 73.14 points of losses at  17543.55.
BSE CG Index gained the most by 0.54% and BSE Metal Index declined the most by 1.27%
IDFC was the top gainer in Nifty50 stocks, gained 3.01% and closed at 169.30 and Reliance Capital declined  maximum by 4.48% in the index.
Advance/decline ratio was negative to 2.3 : 1 as 918 stocks declined and 398 stocks gained today on NSE.
RIL AGM Outcome :
The biggest announcement Mukesh made was about the company’s foray into the power sector. He said that RIL is drawing up specific plans for mega investment in coal, hydro and nuclear power projects. As a goodwill gesture, RIL would not enter the gas-based power generation arena till 2022.

 Mukesh then announced his company’s foray into the telecom space citing the billion dollar acquisition of Infotel – the only company to win a pan India broadband licence. ‘We are faced with much larger opportunity in broadband,” Mukesh added. He said that the BWA spectrum is an extremely valuable resource and the company plans to set up a wireless innovation centre in Mumbai soon.

18 June 2010 Morning Markets Updates:

18 June 2010 Morning Markets Updates:
Stocks that are in news today:

Reliance Industries (RIL) Annual General Meeting (AGM) today
IOC : sources say
IOC may consider issuing 10% fresh equity
IOC may consider raising up to Rs 8,000 crore
IOC may consider move if price at Rs 400/share ((CMP; 337))
Ex-Dates
CMC : Ex-Dividend @ Rs 20/share
TTK Prestige : Ex-Dividend @ Rs 10/share
Other stocks and sectors that are in news today:
Uflex: Board meet on June 21 for raising Rs 750 crore via QIB
Brigade Enterprises: Board approves raising of Rs 750 crore via QIP
Board meet today: ITC to mull bonus issue
Suzlon: Offer to tender in for Rights issue open today ((Closes on 2 July))
Qualcomm may sell 26% stake to Tulip Tele – PTI
Pay hike for Satyam Employees next month – BS
Reliagre to buy boutique AMCs in US – FE
F&O cues:

Futures Open Int up Rs 1662 crore
Options Open Int up Rs 2357 crore
Nifty June Futures shed 10 lakh shares in Open Int
Nifty June Futures at 10-point premium
Nifty July Futures add 10 lakh shares in Open Int
Nifty July Futures at 9-point premium
Nifty Open Int PCR at 1.64 versus 1.56
Nifty Puts add 44 lakh shares in Open Int
Nifty Calls shed 6.5 lakh shares in Open Int
Nifty 5200 Put adds 13 lakh shares in Open Int
Nifty 5300 Put adds 12 lakh shares in Open Int
Nifty 5200 Call sheds 10 lakh shares in Open Int
Stock Futures add 1.5 cr shares in Open Int
FIIs in F&O on June 17
Net buy Rs 359 cr in Nifty Futures
Net buy Rs 90 cr in Nifty Options
Net buy Rs 120 cr in Stock Futures
Market cues:

RIL AGM today
FIIs were net buyers of USD 185.2 million in equities on June 16
NSE F&O Open Int was up by Rs 4020 crore at Rs 1.48 lakh crore

As per provisional data of June 17, FIIs were net buyers of Rs 463 crore; DIIs were net sellers of Rs 364 crore in cash markets. FIIs were net buyers of Rs 588 crore in F&O.
US Market:
The euro rose against the dollar on Thursday as strong European government bond sales eased public finance concerns, but weak US economic data led US stocks to falter and cut European share gains.
Spain and France sold a combined 13 billion euro worth debt, to solid demand.
Most of the attention, however, was on Spain's ability to sell bonds given its heavy debt burden and investor nervousness that some of the region's banks may be facing a liquidity freeze.
Prices for gold rose on a combination of safe-haven demand and a weaker dollar. Crude oil prices dipped from their May 10 highs to below USD 77 a barrel.
An index of factory activity in the US mid-Atlantic region in June plunged, adding to worries that a tepid US economic recovery is now fizzling.
That report on top of higher-than-expected weekly US jobless claims and the largest drop in US consumer prices in nearly one-and-a-half years left US shares lower and led to European share prices giving up their early gains.
"The market was testing new highs and this will put a major headwind into progress. We needed a positive catalyst to keep people buying, and obviously this isn't it. This will be a critical component to the rest of the day's trading," said Alan Lancz, president of Alan B. Lancz & Associates Inc in Toledo, Ohio.
The euro rose 0.68% against the dollar to USD 1.2390 but dropped 0.34% against the yen to 112.14. The greenback fell 1% to 90.51 yen as the weak data increased risk aversion.
In early New York Trade the Dow Jones industrial average fell 68.32 points, or 0.66%, to 10,341.14. The Standard & Poor's 500 Index dropped 6.58 points, or 0.59%, to 1,108.03. The Nasdaq Composite Index lost 13.30 points, or 0.58%, to 2,292.63.
European shares gave up early gains. The FTSEurofirst 300 index traded down 0.04%.
Oil major BP Plc surged roughly 7% after saying it will set up a USD 20 billion fund for damages claims from its huge Gulf of Mexico oil spill, sell assets and suspend dividend payments to shareholders.
UK finance minister George Osborne announced the biggest shake-up of the regulatory landscape in 13 years on Wednesday, saying he was to give the Bank of England ultimate control over financial supervision.
In commodities, spot gold prices rose USD 14.95, or 1.21%, to USD 1245.50. US light sweet crude oil fell 96 cents, or 1.24%, to USD 76.71 per barrel.
Benchmark 10-year US Treasuries rose 18/32 of a point in price, pushing the yield down to 3.2%.
The two-year Schatz yield was up 1.6 basis points at 0.518%, while the 10-year Bund yield fell 1.6 bps at 2.662%.
EUROPEAN DEBT SALES
Spain's auction of 3.5 billion euro (USD 4.3 billion) worth of 10-year and 30-year government bonds drew strong demand, although it paid a hefty premium compared with previous issues of the same paper.
While the debt succeeded in finding buyers, analysts remained cautious about Spain's funding prospects.
"Spain ... wanted to show it could issue paper without problems. But they paid a lot to get the paper away," said Huw Worthington, a bond strategist at Barclays Capital in London.
The well-covered auction helped narrow the spread of Spanish yields over benchmark Bunds from an earlier euro lifetime high of 237 basis points.
"The strong demand for Spanish bonds should help restore confidence, said Ciaran O'Hagan, strategist at Societe Generale.
France sold just short of 9.8 billion euro of conventional BTANs and index-linked OATs, including a new five-year BTAN that dealers said was cheap on the curve and therefore attractive.
The French/German 10-year bond yield spread tightened to 42 basis points from 45 basis points earlier, having tightened from 60 basis points on June 8.

17 Jun 2010 Closing Market Upates

17 Jun 2010 Closing Market Upates  15:31
Market closed with a positive note consecutively on the sixth day as food inflation declined to 16.12% for the week ended June 5,against 16.74% as prices of fruits and vegetables, and tea softened.
Nifty closed at 5274.15, just below its resistance of 5280.Nifty closed with 40.80 points of gain while Sensex gained 157.84 points and closed at 17620.71.
Among the BSE Sectoral Indices, Capital Goods Index rose the most by 1.95% while Consumer Durables Index was the only loser by 0.24%
L&T was the top gainer by 3.44% and ended at 1780.45 while Herohonda lost the maximum among the Nifty50 stocks and ended at 1982.60.
Advance decline ratio was flat as 687 stocks gained and 608 stocks declined today on NSE.
Sugar Stocks were the active today as decision on sugar import duty will be taken by month end.
Food Inflation :
Week-on-week, prices of fruits and vegetables fell by six per cent and tea became cheaper by two per cent during the week under review. Fruits cost 14 per cent less. However, prices of urad rose six per cent and that of maize, bajra and gram inched up by one per cent each.
When compared to the same period a year ago, prices of potato fell 35 per cent and that of onion by 17.80 per cent. Pulses, however, became costlier by 34 per cent and milk by 21 per cent.
High food inflation is primarily driving overall inflation up, and it entered double digits (10.16 per cent) in May, according to provisional figures.Also, final figures for March showed that inflation was 11.04 per cent from 9.9 per cent projected earlier.
Prices of edibles had started rising last year and peaked to over 20 per cent in December 2009 after food production was hit by poor monsoon that accounts for 80 per cent of the annual rains the country receives.
Nearly 60 per cent of area under cultivation is rain fed.
The weather office has predicted near normal monsoon this year, although it has been slow to advance since hitting the Indian coast in late May.

EGoM meeting on fuel pricing likely on Today :
An Empowered Group of Ministers (EGoM) may meet on June 17 to consider freeing petrol prices from government control and possibly giving limited autonomy to oil firms to price diesel closer to market rates.

Also on the cards is a Rs 25 per cylinder hike in domestic cooking gas (LPG) rates in an effort to align retail prices closer to their cost, sources in know of the development said.
The EGoM headed by Finance Minister Pranab Mukherjee may decide to free petrol price from government control for the first time since 2004, when the UPA in its first stint decided to price auto fuels below their imported cost to keep inflation under check.
This move, going up by the current international crude rates, will result in a Rs 3.35 per litre increase in price of petrol in Delhi, sources said.
The EGoM, which could not reach a decision at its first meeting on June 7 as key ministers like Railway Minister Mamata Banerjee and Agriculture Minister Sharad Pawar were absent, may also decide to give oil companies freedom to price diesel if international oil price stayed below USD 90 per barrel.
If approved, diesel rates would immediately rise by Rs 3.49 per litre as current retailing selling price is calculated on USD 60 per barrel-level of crude oil prices while the actual rate is USD 72 per barrel now, they said.
If the crude climbs to USD 90 per barrel, diesel price in Delhi would rise by over Rs 7 per liter over the current selling price of Rs 38.10 a litre.Petrol in Delhi currently costs Rs 47.93 per litre.The government would step in if crude oil crosses USD 90 per barrel and prices would be moderated either through cut in excise and customs duty or through subsidy from exchequer.
Sources said there may not be any problem in freeing pricing of petrol, which is considered a fuel used by the well-off, there were doubts on diesel which is used in transport sector and thus has inflationary impact.
If consensus at the EGoM is against even giving limited freedom to oil companies, then the government may settle for a Rs 2 per litre hike and try to build consensus for freeing the fuel around Budget time in 2011.
Banerjee, who was away in Kolkata at the time of the first EGoM meeting, had communicated that her party, the Trinamool Congress, was against "any steep hike" in diesel prices and wanted domestic LPG and kerosene consumers to be spared, the source said.
Pawar, not known for blocking reforms, could not attend the meeting because of illness, while DMK leader and Chemicals and Fertilizer Minister M K Alagiri was present. The EGoM had at the first meeting gone into the report of the expert group headed by Kirit Parikh that called for freeing petrol and diesel prices and a steep Rs 100 per cylinder hike in LPG rates and a Rs 6 per litre increase in kerosene prices.
Oil ministry made a presentation on the impact of the Parikh Committee's recommendation, projecting a revenue loss of Rs 72,300 crore to state oil firms if petrol, diesel, domestic LPG and kerosene continue to be sold at rates below the imported cost.
The EGoM also discussed the impact implementing the Committee's report would have on inflation, sources said, adding that freeing auto fuel prices would lead to a 1.4 per cent rise in the Wholesale Price Index (WPI).In April, WPI-based inflation was 9.59 per cent.
State-owned Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum currently lose Rs 203 crore per day on selling fuel below imported cost. They currently sell petrol at a loss of Rs 3.35 a litre, while the under-recovery is Rs 3.49 per litre of diesel, Rs 18.82 per litre of PDS kerosene and Rs 261.90 on every 14.2-kg LPG cylinder.

17 June 2010 Intraday Calls

17 June 2010 Morning Market Updates  08:55

Intraday Calls :

Follow Buy Calls in Positive Market Bias and v.v.


Buy Aban sl 702 T 723


Buy BPCL Abv 539 sl 531 close T 551

Buy DLF Abv 280 sl 276 T 286

Buy HDFCBank sl 1968 T 1985 / 1992

Buy ICICIBank sl 867 T 890

Buy JPAssociat sl 124 T 129

Buy Adanient Abv 553 sl 535 T 580 Positional

Buy Glenmark sl 266 T 274

Buy GMRInfra Abv 57 sl 56 T 58.5

Buy Ibrealest Abv 153 sl 150 T 159

Buy Sesagoa Abv 360 sl 354 T 372


Sell Abb sl 873 T 848

Sell Acc sl 868 T 857

Sell Ambujacem Bel 115 sl 116 T 113

Sell Axisbank sl 1230 T 1218

Sell Herohonda Bel 2005 sl 2022 T 1982

Sell Hindunilvr Bel 254 sl 256.5 T 251.5

Sell IDFC Bel 160.5 sl 163 T 158

Book profits Rcom Ref.28/05

Sell Sail sl 199 T 195.5

Sell Sunpharma Bel 1684 sl 1695 T 1664

Sell Abirlanuvo sl 785 T 755 Positional

Sell PFC sl 295 T 290

16 Jun 2010 Closing Market Updates

16 Jun 2010 Closing Market Updates  15:31


Market rose today for the consecutively for 5th day.Nifty closed at 5228.15 with 5.8 points of gain while Sensex closed at 17441.23 and closed with 28.40 points.
On BSE, Auto Index rose the most by 1.34% while PSU index closed down with 0.84%.
In Nifty50 stocks, M&M gained the most by 4.45%  to end at 635.20 and Sail was the top loser with 2.06% slide and ended at 197.25.
Market breadth was slightly negative as 643 stocks gained and 647 stocks declined today on NSE.

16 Jun 2010 Morning Market Updates

16 Jun 2010 Morning Market Updates  08:50
Today also market will open with a positive note.Nifty may touch its resistance of 5280.Higher advance tax numbers and satisfactorily arrival of Monsoon will cherish the sentiment.The question ahead is the EGoM meet which will be held tomorrow.

Stocks in News :
Direct Tax Code

-MAT to be computed with reference to book profit
-Perquisites to be taxed as per existing law
Cipla
-To acquire stake in 2 biotech companies
-To acquire 40% stake in Indian biotech co
-To acquire 25% stake in Hong Kong-based biotech co
-Total investment of USD 65 million for both acquisitions
Tata Motors

-May global sales at 79,819 units, up 50% (YoY)
-May JLR sales at 19,053 units, up 72% (YoY)
Cairn India
-Starts delivering crude via pipeline from Rajasthan
-Rajasthan block crude current output at 60,000 bbl/day
-Rajasthan crude sales seen to up to 1.25 lakh bbl/day in H2
-In pact with 4 buyers to sell 1.43 lakh bbl/day crude
Ex-Dates
-Sadbhav Engineering: Ex rights in ratio of 1:20 & 3 warrants for 1 share ((@ Rs.725/shr))
-Jayshree Tea & Industries : Ex-Dividend @ Rs.6/share
-Binani cement : Ex-Dividend @ Rs.3.5/share
-Gammon Infra: Enters a MOU for an acquisition of an entity which has 250MW
-Aban Offshore to restart drilling in Venezuela soon.
-Reliance Infra seeks FIPB node to raise money abroad.


-Emami close to acquiring a co in Egypt – BS


-Binani Cement buy back at Rs 90/sh


Q1 advance tax numbers: from sources (cr - crore, vs - versus)



-Bharti pays Rs 179 cr vs Rs 100 cr (YoY)


-Ranbaxy pays Rs 17.5 cr vs Rs 15 cr (YoY)


-BHEL pays Rs 400 cr vs Rs 320 cr (YoY)


-Oriental Bank pays Rs 140 cr vs Rs 70 cr (YoY)


-Hero Honda pays Rs 75.7 cr vs Rs 64.6 cr (YoY)


-NTPC pays Rs 280 cr vs Rs 276 cr (YoY)


-Nestle India pays Rs 44 cr vs Rs 37.5 cr (YoY)


-PFC pays Rs 127 cr vs Rs 110 cr (YoY)


-REC pays Rs 128 cr vs Rs 88 cr (YoY


-Tata Motors pays Rs 65 cr vs Rs 30 cr (YoY)


-Tata Steel pays Rs 300 cr vs Rs 230 cr (YoY)


-Tata Power pays Rs 36.2 cr vs Rs 21 cr (YoY)


-IndusInd Bank pays Rs 40 cr vs Rs 20 cr (YoY)


-M&M pays Rs 63 cr vs Rs 17.5 cr (YoY)


-Indian Hotels pays Rs 7 cr vs Rs 8 cr (YoY)


-L&T pays Rs 130 cr vs Rs 110 cr (YoY)


-Tata Chemicals pays Rs 29 cr vs Rs 26 cr (YoY)


-UltraTech Cement pays Rs 22 cr vs Rs 45 cr (YoY)


-Dena Bank pays Rs 45 cr vs Rs 35 cr (YoY)


-BPCL pays Rs 126 cr vs Rs 40 cr (YoY)


-Bank Of India pays Rs 158 cr vs Rs 231 cr (YoY)


-Reliance Power pays Rs 3 cr vs Rs 4 cr (YoY)


-Reliance Capital pays Rs 2 cr vs Rs 10 cr (YoY)


F&O cues:







Futures Open Int up Rs 885 crore






Options Open Int up Rs 2020 crore












Nifty June Futures shed 5 lakh shares in Open Int






Nifty July Futures add 5 lakh shares in Open Int






Nifty June at 12-point premium






Nifty July at 7-point premium






Nifty Open Int PCR at 1.53 versus 1.47






Nifty Puts add 34 lakh shares in Open Int






Nifty Calls shed 4.5 lakh shares in Open Int






Nifty 5200 Put adds 17.6 lakh shares in Open Int






Nifty 5100 Put adds 10 lakh shares in Open Int






Nifty 5400 Call adds 2.5 lakh shares in Open Int






Nifty 5100 Call sheds 4.3 lakh shares in Open Int


FIIs in F&O on June 15







Net buy Rs 623 crore in Nifty futures, Open Int up 4,809 contracts






Net sell Rs 236 crore in Nifty options, Open Int up 2,920 contracts






Net sell Rs 334 crore in Stock futures, Open Int up 12,585 contracts