29 Aug.2011 Sensex marked 3rd biggest intraday rise in 2011

29 Aug.2011 Closing Market Updates 17:17

Sensex whooped 600 points after last week fall.This is the third biggest one day rally of 2011.Sensex ended at 16448.91.Broad based Nifty ended at 4921.85 with a gain of 174.05 points.
All sectoral indices gained today. IT index was the top gainer by 5.06% followed by Metal Index(4.63%);Realty Index(4.43%); Teck(4.15%); Bankex(4.10%) and Capital Goods Index(4.05%).
In Nifty50 stocks,just 2 stocks ended in negative.Relcapital gained the most by 13.22% and ended at 389.7 as RBI released draft guideline for new Banking licenses into private sector.ONGC lost the most by 1.42% and ended at 274.
SBI was the turnover topper by the traded value and Unitech was the most traded stock by the traded quantity on NSE.
Advance/Decline Ratio was positive as 1249 stocks gained and just 208 stocks declined today on NSE.


Major Global Indices :


Hang Seng : +282.23
Nikkei : +53.57
FTSE : -1.18
CAC : +45.28
DAX : +82.86
Dow Futures : +86.00
Nasdaq Futures : +18.25

26th August, 2011 Closning Market Updates

26th August, 2011 Closning Market Updates

The markets closed with significant loss today and all sectoral indices closed negative. The Sensex closed at 15862 (provisional), down 284 points from its previous close, and the Nifty closed at 4749 (provisional), down 90 points. The CNX Midcap index lost 2% and theBSE Smallcap index closed with 2.7% loss. The market breadth was negative with advances at 231 against declines of 1212 on the NSE.


In Nifty50 stocks, HEROMOTOCO gained the most by 3.14% and ended at 1962. and RELCAPITAL was the top loser by 12.33% and ended at 343.
Major Global Indices :
Hang Seng : -169.60
Nikkei : +25.42
FTSE : -33.79
CAC : -29.14
DAX : +33.94
Dow Futures : +9.00
Nasdaq Futures : +4.25

26th August, 2011 Morning Market Updates

26th August, 2011 Morning Market Updates 8:40
Stock in news
TD Power Systems IPO closes today (price band Rs 256-261/share)

QIB's: 2.05 times (x)
NII's: 0.12x
RII's: 0.03x
Overall: 0.88x

SRS IPO closes today (price band Rs 58-65/sh)
QIB's: 0.62x
NII's: 2.62x
RII's: 0.10x
Overall: 0.74x

Other stocks and sectors that are in news today:-Listing today: Tree House , issue price at Rs 135 a share (no grey market premium) 
-12 new F&O inclusion: Spicejet, Arvind, JSW Energy, BF Utilities, Gitanjali Gems, Jubilant Foodworks, VIP Industries, Delta Corp,  South Indian Bank, TTK Prestige, Dhanlaxmi Bank, Gujarat Flurochemicals
-F&O exclusion: GTL Infra from today
-Introduction of F&O: S&P 500, Dow Jones Industrial Average w.e.f August 29
-F&O ban: ABG Shipyard, Gitanjali Gems
- GVK Power to buy Hancock’s two coal mines for USD 2.2 billion; company to pay USD 900 million to develop logistics infra to transport the coal as part of the deal (ET)
- SpiceJet to launch operations to Tier 2 & Tier 3 cities on September 21 with 10-30% lower fares than Jet Airways & Kingfisher (ET)
- Amtek Auto board approves buyback at a price not exceeding Rs 200/sh ((CMP: 138.50))
- KS Oils promoters in talks with Ruchi Soya & Global players like Archer Daniels Midland & Cargill to sell its 35% stake (FE) (83.4% promoter stake is pledged) 
- Infosys bags USD 29 million mobile banking deal from ANZ Australia (FE)
-Blackstone Group acquires 7.12% stake in Monnet Ispat & Energy for around Rs 230 crore (have been acquiring from open market) 
-Mahindra forays into Indian defence space, to roll out infantry combat vehicles with a USD 12 billion order to supply 2600 vehicles (BS)
- Power Grid to launch a 1200 Kv ultra high voltage test station with an investment of around Rs 800 crore (BS)

25th August, 2011 Closing Market Updates

25th August, 2011 Closing Market Updates 15:50

The markets lost moderately today and IT, metal and banking were the worst performers of today's trade. The Sensex closed at 16168 (provisional), down 117 points from its previous close, and the Nifty closed at 4848 (provisional), down 41 points. The CNX Midcap index was down 0.9% and the BSE Smallcap index lost 0.8%. The market breadth was negative with advances at 490 against declines of 944 on the NSE. 
In Nifty50 stocks, DLF gained the most by 2.80% and ended at 187. and JPASSOCIAT was the top loser by -5.22% and ended at 59.05.


Major Global Indices :
Hang Seng : +285.69
Nikkei : +132.57
FTSE : +1.41
CAC : +25.01
DAX : +33.94
Dow Futures : -12.00
Nasdaq Futures : -15.00

25th August, 2011 Morning Market Updates

25th August, 2011 Morning Market Updates 8:40
Stock in news

Ratan Tata on Tata Power -Land acquired for coastal power project
-Reviewing projects in Arunachal due to geopolitical situation
-Indonesia to impact imported coal price for Mundra
-Govt needs to review tariffs for imported coal UMPPs
-Coal blending to help little, but situation is acute

Deccan Chronicle -Buyback to end today 
-Company will finish buying 3.45 crore shares at Rs 70/share
-Spent nearly Rs 240 crore on the buyback

CCI to give nod to UTV & Walt Disney stake sale: Sources
-CCI nod likely within a week

Other stocks and sectors that are in news today:- Infosys in USA face fresh charges of irregularities, as Texas employee alleges more irregularities in I-9 form compliance & tax payments (FE)
- SAIL plans 10 more processing units to ramp up hot metal capacity from the current 14 mt to 24 mtpa (FE)
- REC in talks with two foreign banks to setup a commercial bank through the JV route in India (Mint)
- Tata Chemicals to raise its stake in EPM mining from 13.76% to 30.6% for around USD 41 million 
- Clutch Auto approves allotment of 8.2 lakh shares at Rs 50/sh to the promoters
- Amtek Auto board to consider buyback 
-Ex Dividend: Hero Motocorp at Rs 35/sh, Ultratech Cement at Rs 6/sh, Motherson Sumi at Rs 2.75/sh
-F&O Ban: ABG Shipyard , Gitanjali Gems -India signs double tax avoidance agreement with Georgia

24th August, 2011 Closing Market Updates

24th August, 2011 Closing Market Updates 15:50

The markets lost significantly in the last hour of trade and auto and metal were the worst performers of today's trade. The Sensex closed at 16256 (provisional), down 243 points from its previous close, and the Nifty closed at 4876 (provisional), down 73 points. The CNX Midcap index was down 1.1% and the BSE Smallcapindex lost 0.5%. The market breadth was negative with advances at 540 against declines of 881 on the NSE.  


In Nifty50 stocks, RANBAXY gained the most by 1.08% and ended at 472. and TATASTEEL was the top loser by 4.62% and ended at 453.55.
Major Global Indices :
Hang Seng : -408.74
Nikkei : -93.40
FTSE : +7.62
CAC : +17.55
DAX : +158.57
Dow Futures : -76.00
Nasdaq Futures : -12.25

23rd August, 2011 Closing Market Updates

23rd August, 2011 Closing Market Updates 15:45

 The markets performed well today and IT was the best performer of todayÿs trade. The Sensex closed at 16488 (provisional), up 146 points from its previous close, and the Nifty closed at 4946 (provisional), up 47 points. The CNX Midcap index was up 1.1% and the BSE Smallcap index gained 1.3%. The market breadth was positive with advances at 909 against declines of 518 on the NSE.   
In Nifty50 stocks, TCS gained the most by 7.08% and ended at 983.05 and ONGC was the top loser by 2.78% and ended at 278.50.
Major Global Indices :
Hang Seng : +388.66
Nikkei : +104.88
FTSE : +55.94
CAC : +48.53
DAX : +84.14
Dow Futures : +138
Nasdaq Futures : +27.50

23rd August, 2011 Morning Market Updates

23rd August, 2011 Morning Market Updates 8:35
Stock in news

Results Today: Allied Digital and Aqua logistics

Vedanta-Cairn Deal - Vedanta Says Got Formal Notification Fm GoI On Conditional Nod For Deal
Size Of Bridge To Eq Facility Reduced By $730 m To $270 m

Mphasis in FocusHP stock fell 20% in US trading after it announced PC biz spinoff and discontinuing of its WebOS products. HP reduced its full year revenue forecast by 9% and profits by 16%

CBI raids Ramky, Aurobindo, Navbharat offices in connection with the case of alleged financial misdeeds and illegal amassment of wealth by Kadapa MP YS Jagan Mohan Reddy

Alert: HDFC Trustee funds buy 5% in Aurobindo

Infosys to embrace change, may go in for acquisitions: KV Kamath – ET

Infy needs to correct course, look beyond BFSI: Kamath – BS

Other stocks and sectors in the newsRCom puts tower unit on the block for $5 bn; has hired UBS to sell its 95-percent stake in Reliance Infratel 
Govt won’t Divest PSU Stake Till Market Looks Up
Govt Examining Capital Raising Proposal of SBI
Parliamentary panel asks coal ministry to expedite Coal India’s acquisitions abroad
RIL to close USD 7.2 Bn BP deal this month
M&M overtakes Tatas as the most valued firm
GOI to announce Manufacturing Policy Soon
Centre to table nuclear regulator bill soon
Nalco seeks Expression of Interest for its Angul Unit located in Aluminium Park in Orrisa
Elder Pharma in plans to launch 12 New product in FY12
Corporation Bank seeks Rs 300 Cr Loan from Govt
Rel Infra arm seeks Rs 700 Cr relief for two key projects
Wipo Consumer Eyes Infra Projects
Assocham: Raise Cap requirement for MFI's to Rs 25 lks from current Rs 5 lks
Mahanadi Coalfields, an arm of Coal India Ltd, plans to set up a 1,600-Mw power plant in Orissa with an investment of Rs 9,000 cr
TCS leads race to acquire Lufthansa's IT subsidiary; IBM also in the fray – ET 
Govt to examine books first, before SBI rights issue – ET
TPG in talks to acquire stake in Spicejet – ET 
NHAI to launch tax free bonds by September – ET
VSNL Land: DoT to give Rs 20 mn loan for consulting firm to SPV – ET 
Nalco gets mining lease of Utkal E-Coal block – ET
Cipla, Dr Reddy's under DCGI scanner for selling banned drugs – ET
Ranbaxy Laboratories may sell Lipitor rights if FDA delays nod – ET 
Next edition of FDI document on Sept 30: DIPP – PTI 
Govt readies stake sale process for Nalco, Hind Copper, SAIL – HBL
Amara Raja set for OV two-wheeler market foray – BS 
Omnitech eyes IT acquisition in Europe – BS 
Coal India seeks  allies to unlock 1.6 bn tonne; Plans to reopen 18 mines – DNA Money 
Ex Dividend: Castrol India Interim dividend 7/sh, Chambal fertilizers 1.9/sh
F&O Ban: ABG Shipyard, Gitanjali Gems, KS oils

22nd Aug 2011 Closing Market Updates

22nd Aug 2011 Closing Market Updates  16:03

Indian markets took a breath after last week selloff. Asian markets also recovered smartly.HangSeng recovered nearly 450 points from its day low of 19047.64. European markets trading positively and all were witnessing bounceback, thats why Indian markets turned around.
Today markets bounced back on all round buying.Nifty ended at 4905.05 after gaining 59.4 points. Sensex gained 200.84 points and ended at 16342.51.
Among BSE sectoral indices, Oil & Gas index gained the most by 2.55% followed by Metal & Power by 2.16% and 2.09% respectively.
In Nifty50 stocks, Sail gained the most by 7.49% and ended at 111.3 and Gail was the top loser by 3.87% and ended at 413.05
Infy was the turnover topper by the traded value and Unitech was the top traded stock by the traded quantity.


Major Global Indices :


Hang Seng : +86.95
Nikkei : -91.11
FTSE : +77.70
CAC : +42.66
DAX : +13.82
Dow Futures : +58
Nasdaq Futures : 

22nd Aug 2011 SEBI Circular for Intial Margins Collection

Short-collection/Non-collection of client margins (Derivatives Segments)

http://www.sebi.gov.in/cms/sebi_data/attachdocs/1312975056472.pdf

22nd August, 2011 Morning Market Updates

22nd August, 2011 Morning Market Updates 8:40

 Asian markets were trading firm. China's Shanghai Composite was up 0.24% or 6.04 points at 2,540.40.

Hong Kong's Hang Seng added 1.19% or 230.84 poinst at 19,630.76.

Japan's Nikkei was up 0.18% or 15.53 points at 8,734.77.

Singapore's Straits Times added 0.32% or 8.68 points at 2,742.31.

South Korea's Seoul Composite was flat at 1,745.08.

Taiwan's Taiwan Weighted rose 0.76% or 56.04 points at 7,399.

Stock in news

Results Today: Allied Digital and Aqua logistics

Vedanta-Cairn Deal - Vedanta Says Got Formal Notification Fm GoI On Conditional Nod For Deal
Size Of Bridge To Eq Facility Reduced By $730 m To $270 m

Mphasis in FocusHP stock fell 20% in US trading after it announced PC biz spinoff and discontinuing of its WebOS products. HP reduced its full year revenue forecast by 9% and profits by 16%

CBI raids Ramky, Aurobindo, Navbharat offices in connection with the case of alleged financial misdeeds and illegal amassment of wealth by Kadapa MP YS Jagan Mohan Reddy

Alert: HDFC Trustee funds buy 5% in Aurobindo

Infosys to embrace change, may go in for acquisitions: KV Kamath – ET

Infy needs to correct course, look beyond BFSI: Kamath – BS

Other stocks and sectors in the newsRCom puts tower unit on the block for $5 bn; has hired UBS to sell its 95-percent stake in Reliance Infratel 
Govt won’t Divest PSU Stake Till Market Looks Up
Govt Examining Capital Raising Proposal of SBI
Parliamentary panel asks coal ministry to expedite Coal India’s acquisitions abroad
RIL to close USD 7.2 Bn BP deal this month
M&M overtakes Tatas as the most valued firm
GOI to announce Manufacturing Policy Soon
Centre to table nuclear regulator bill soon
Nalco seeks Expression of Interest for its Angul Unit located in Aluminium Park in Orrisa
Elder Pharma in plans to launch 12 New product in FY12
Corporation Bank seeks Rs 300 Cr Loan from Govt
Rel Infra arm seeks Rs 700 Cr relief for two key projects
Wipo Consumer Eyes Infra Projects
Assocham: Raise Cap requirement for MFI's to Rs 25 lks from current Rs 5 lks
Mahanadi Coalfields, an arm of Coal India Ltd, plans to set up a 1,600-Mw power plant in Orissa with an investment of Rs 9,000 cr
TCS leads race to acquire Lufthansa's IT subsidiary; IBM also in the fray – ET 
Govt to examine books first, before SBI rights issue – ET
TPG in talks to acquire stake in Spicejet – ET 
NHAI to launch tax free bonds by September – ET
VSNL Land: DoT to give Rs 20 mn loan for consulting firm to SPV – ET 
Nalco gets mining lease of Utkal E-Coal block – ET
Cipla, Dr Reddy's under DCGI scanner for selling banned drugs – ET
Ranbaxy Laboratories may sell Lipitor rights if FDA delays nod – ET 
Next edition of FDI document on Sept 30: DIPP – PTI 
Govt readies stake sale process for Nalco, Hind Copper, SAIL – HBL
Amara Raja set for OV two-wheeler market foray – BS 
Omnitech eyes IT acquisition in Europe – BS 
Coal India seeks  allies to unlock 1.6 bn tonne; Plans to reopen 18 mines – DNA Money 
Ex Dividend: Castrol India Interim dividend 7/sh, Chambal fertilizers 1.9/sh
F&O Ban: ABG Shipyard, Gitanjali Gems, KS oils

19th August, 2011 Closing Market Updates

19th August, 2011 Closing Market Updates 15:52

Fresh waves of selling, due to carnage across the globe, knocked down the market. The 50-share NSENifty slipped below the 4800 for the first time since May 25, 2010 led by fall across sectors. Even the 30-share BSE Sensex touched the 16,000-mark.Nifty recovered smartly from its today's bottom of 4796.1. Blog published on 9th Aug.2011, Nifty took support around 4790 level and bounced back to close at 4845.65.

Among BSE Sectoral indices, IT index plunged the most by 4.41% followed by Capital Goods index. Realty Index was the only gainer index on BSE. 

In Nifty50 stocks, JPASSOCIAT was the top gainer by 3.00% and closed at 60.00.TATAMOTORS was the top loser by 5.58% and closed at 710.05. Infy was the turnover topper by the traded value and Suzlon was the most traded stock by traded quantity on NSE today.

Major Global Indices :


Hang Seng : -616.35
Nikkei : -224.52
FTSE : -129.72
CAC : -78.45
DAX :-196.82
Dow Futures : -167
Nasdaq : -28.75

19th August, 2011 Morning Market Updates

19th August, 2011 Morning Market Updates 8:35
Stock in news

Results today: GTL, Asian Electronics, Ballarpur Ind

Jet Airways (Stock was down 13% yesterday) 
Company says
-Plan to start low-fare flights to overseas destinations
-Aim to cut all expenses, excluding fuel, by over 25% this fiscal
-Plan to up low-fare capacity on local routes to 85% versus 72%

Board meets today - TTK Prestige consider amalgamation of Prestige Housewares India with itself
- Dhanus Tech to approve bonus issue

Brooks Laboratories IPO with the price band of Rs 90-100/sh closes today
QIB's: Nil
NII's: 0.33 times
RII's: 0.61 times
Overall: 0.26 times

Idea Cellular challenges single-judge bench Delhi HC order over 6 licences on Spice
Idea to Delhi HC
-DoT lacks power to decide on mergers & put conditions
-Merger of company is different from merger of licences
-DoT has only authority to regulate licences

Other stocks and sectors that are in news today:-RBI likely to allow some companies to foray into banking space, but realty among four sectors to be kept out & govt may cap FDI in new banks at 49% (BS)
-Cairn Energy writes to ONGC ; seeks NOC for Vedanta deal by September 21
-Malaysian based Axiata Tele looking to raise its stake in Idea Cellular to 25%, looking for nod from Indian promoter Aditya Birla (ET) (Bought 0.9% from open market, ups stake to 19.98%)
- GTL has approached Delhi HC challenging IFCI’s seizure of 18% stake in sister concern GTL Infra (ET)
-Welspun eyes more acquisitions to expand its infrastructure business (BS)
- Syndicate Bank likely to buy 26% stake in Aviva Life with an undisclosed amount (BS)
-Reliance Gas Transportation Infra would need regulatory approval to sell its stake as PNGRB chairman says there’s a lock in clause for pipeline operators (ET)
- Nalco moves SC challenging the Orissa govt’s decision to levy higher electricity charges on companies which generate energy for their captive consumption (FE)
- SAIL plans 3 SPV to revive its Sindri unit likely to have a debt-equity of 80:20 for its Rs 35000 crore project (BL)
- Coal India ’s plan to develop two underground coal gasification projects in Jharkhand & Maharashtra through private sector participation hits procedural hurdle (BL)
-Nagarjuna Oil Corp six mtpa refinery in Tamil Nadu to be commissioned by year end and also to invest Rs 2500 crore on port, tankages & power plants (BL)
- SAIL working on finalizing JV agreement with Japan’s Kobe (DNA)
- Mundra Port & Welspun in race to develop & operate a Rs 2620 crore multipurpose port at Vizhinjam in Kerala (Mint)
-F&O Ban: Deccan Chronicle, Gitanjali Gems, Suzlon

18th August, 2011 Closing Market Updates

18th August, 2011 Closing Market Updates 3:45

The NSE Nifty has touched a new 52-week intra-day low of 4,933.50 as global indices battle bloodbath. The earlier low of 4,946.45 was touched on August 9.Nifty was trading at its lowest level since May 2010 led by cut in 47 stocks. India VIX shot up 9.3% to 27.84.

European markets plummeted further on gloomy outlook on global economic recovery; Germany's DAX lost 4%. France's CAC and Britain's FTSE lost 2-3%. The Dow Jones futures shed more than 200 points and Nasdaq futures tumbled 50 points.

Back home, the 30-share BSE Sensex tumbled 388 points to 16,452 and the 50-share NSE Nifty dropped 116 points to 4,941. Market breadth was extremely weak; about six shares dropped for every one share gained. The broader markets were down 2-2.5%.

In Nifty50 stocks, DLF was the top gainer by 3.11% and closed at 182.50.RELINFRA was the top loser by 7.44% and closed at 418.50.

18th August, 2011 Morning Market Updates

18th August, 2011 Morning Market Updates 8:40
Stock in news

Results today: GTL, Asian Electronics, Ballarpur Ind

Jet Airways (Stock was down 13% yesterday) 
Company says
-Plan to start low-fare flights to overseas destinations
-Aim to cut all expenses, excluding fuel, by over 25% this fiscal
-Plan to up low-fare capacity on local routes to 85% versus 72%

Board meets today - TTK Prestige consider amalgamation of Prestige Housewares India with itself
- Dhanus Tech to approve bonus issue

Brooks Laboratories IPO with the price band of Rs 90-100/sh closes today
QIB's: Nil
NII's: 0.33 times
RII's: 0.61 times
Overall: 0.26 times

Idea Cellular challenges single-judge bench Delhi HC order over 6 licences on Spice
Idea to Delhi HC
-DoT lacks power to decide on mergers & put conditions
-Merger of company is different from merger of licences
-DoT has only authority to regulate licences

Other stocks and sectors that are in news today:-RBI likely to allow some companies to foray into banking space, but realty among four sectors to be kept out & govt may cap FDI in new banks at 49% (BS)
-Cairn Energy writes to ONGC ; seeks NOC for Vedanta deal by September 21
-Malaysian based Axiata Tele looking to raise its stake in Idea Cellular to 25%, looking for nod from Indian promoter Aditya Birla (ET) (Bought 0.9% from open market, ups stake to 19.98%)
- GTL has approached Delhi HC challenging IFCI’s seizure of 18% stake in sister concern GTL Infra (ET)
-Welspun eyes more acquisitions to expand its infrastructure business (BS)
- Syndicate Bank likely to buy 26% stake in Aviva Life with an undisclosed amount (BS)
-Reliance Gas Transportation Infra would need regulatory approval to sell its stake as PNGRB chairman says there’s a lock in clause for pipeline operators (ET)
- Nalco moves SC challenging the Orissa govt’s decision to levy higher electricity charges on companies which generate energy for their captive consumption (FE)
- SAIL plans 3 SPV to revive its Sindri unit likely to have a debt-equity of 80:20 for its Rs 35000 crore project (BL)
- Coal India ’s plan to develop two underground coal gasification projects in Jharkhand & Maharashtra through private sector participation hits procedural hurdle (BL)
-Nagarjuna Oil Corp six mtpa refinery in Tamil Nadu to be commissioned by year end and also to invest Rs 2500 crore on port, tankages & power plants (BL)
- SAIL working on finalizing JV agreement with Japan’s Kobe (DNA)
- Mundra Port & Welspun in race to develop & operate a Rs 2620 crore multipurpose port at Vizhinjam in Kerala (Mint)
-F&O Ban: Deccan Chronicle, Gitanjali Gems, Suzlon