5th August Morning Market Updates:

5th August Morning Market Updates:
Stocks that are in news today:

Results Today: Anant Raj Inds, Ansal Housing, Ashapura Mine, Aurobindo Pharma, Dredging Corp, Essar Ship Ports, Man Infra, Oracle Financial, Varun Shipping, Zenotech Lab.
Stocks in news: Unitech, ITI, Future Cap, Piramal Life

Ajay Piramal to CNBC-TV18
May look at folding Piramal Lifesciences into parent company
Open to rope in partner for molocule development of lifesciences
Existing biz include CRAMS, OTC & Critical Care
Organic growth possible in all 3 segments
May look at mix of organic & inorganic opportunities
Not investing in real estate from the funds that Piramal healthcare is getting
Maruti MD Shinzo Nakanishi says
Royalty payments to Suzuki not to go up further
More R&d work being done in India
Re-working royalty with Suzuki
Asking vendors to make fresh investments to hike capacity
Trying to set up 2nd plant at Manesar ahead of schedule
Working on a completely new model
New model to be manufactured, designed & engineered in India
New model will be launched in 2012
Will launch CNG-fitted Estilo, WagonR, Alto, Ecco, SX4 In '10
IDFC Q1
Net operating income up 30.8% from Rs 467.87 crore to Rs 612.02 crore (expectation of Rs 582 crore)
NII: Up 38.11% from Rs 244 crore to Rs 337 crore
Non- Interest Income: Up 22.58% from Rs 217 crore to Rs 266 crore
Net Profit: Up 23% from Rs 272.44 crore to Rs 335.1 crore (expectations of Rs 315 crore)
Future Capital Q1 (QoQ, strong operating performance)
Net profit at Rs 13.2 crore versus Rs 30.3 crore
Net sales at Rs 65.2 crore versus Rs 58.1 crore
Interest cost at Rs 29 crore versus Rs 24 crore
Tax expense at Rs 6 crore versus tax refund of Rs 4 crore
F&O cues:

Futures Open Int was up by Rs 1,591 crore
Options Open Int was up by Rs 3,206 crore

Nifty futures add 10 lakh shares in Open In, at 7-pt discount
Nifty Open Int PCR at 1.35 versus 1.28
Nifty Puts add 41 lakh shares in Open Int
Nifty Calls add 6 lakh shares in Open Int
Nifty 5400 Put adds 12 lakh shares in Open Int
Nifty 5500 Put adds 8 lakh shares in Open Int
Nifty 5600 Call adds 5 lakh shares in Open Int
Nifty 5400 Call sheds 8 lakh shares in Open Int
FIIs in F&O on August 4
Net sell Rs 2 cr in Nifty futures
Net buy Rs 392 cr in Nifty options
Net buy Rs 152 cr in Stock futures
Market cues:

FIIs were net buyers of USD 146.5 million in equities on August 3
NSE F&O Open Int was up by Rs 4,797 crore at Rs 1.39 lakh crore
As per provisional data of August 4, FIIs were net buyers of Rs 689 crore; DIIs were net sellers of Rs 276 crore in cash markets. FIIs were net buyers of Rs 591 crore in F&O.
US Markets:
Encouraging reports on jobs and the services sector fuelled gains on Wall Street. Both the Dow and the S&P registered their highest levels since mid May.

Dow Jones Industrial Average gained 0.41% or 44.05 points at 10680.43. Nasdaq Composite rose 0.88% or 20.05 points at 2303.57. Standard & Poor's 500 added 0.61% or 6.78 points at 1127.24.
In economic data, the July ISM service index came in at 54.3, which is better than the 53 that had been expected.

The July ADP employment change showed that 42,000 jobs were added to private payrolls last month. The increase was greater than the 25,000 additions that had been widely expected. Meanwhile Challenger, Gray and Christmas said planned layoffs rose 6% but were below the pace of 2009.
In key economic data to watch out for, initial jobless claims for the July 31 would be announced today. Estimates see the jobless claims falling to 455000 compared to 457000 the previous week. Meanwhile the European Central Bank and the Bank of England are likely to keep interest rates unchanged.
In the currency space, the dollar gained as encouraging US economic reports prompted some traders to unwind their bets against the greenback.
In the commodity space, crude declined marginally from a three-month high as a stronger dollar and weak gasoline futures offset impact of a government report on falling crude inventories.
Base metals rallied copper hit 3-mth high on higher risk appetite and positive economic data. Nickel and zinc too hit their highest levels since late May.
Gold hit the 1200 dollar mark for the first time in nearly two weeks, as strong physical demand lifted the metal higher for its sixth straight daily gain.