Thursday, June 30, 2011

Positional Stock Futures

SELL POWERGRID JULY FUTURES AT 110.75 (POSITIONAL CALL)

Market Report

Markets at 2-month closing high; rise for 5th day
Bank credit up 20.9%, deposits rise 17.7% in 12 months
Peugeot Citroen to set up Rs 4,000 crore unit in Tamil Nadu
Samsung Engineering wins $230 million order from India
WMSL to invest Rs 5,300 cr for expansion
HCL Technologies, Finzsoft sign agreement for financial IT solution
No stake sale to Essar or any group on cards: Autoline Ind
DLF to raise Rs 700 crore via 400 plots sale in Gurgaon
Strides inks pact with Malaysia's BioXCell
Vishal Retail to sell properties to raise Rs 50cr
Tech Dev Board ties up with Nokia to create entrepreneurs
MetLife India breaks even; posts Rs 35cr profit

Wednesday, June 29, 2011

Market Report



Markets end higher in cautious trade
IndiaMauritius DTAA review not to impact FDI in long run
FIIs offloaded shares worth Rs3k crore in 23 Indian cos in 2011
Max India, Punj Lloyd, TTML see long build up
ONGC board approves follow-on share sale offer
IndusInd Bank signs MoU with Indian Army for banking services
Move by Vedanta, Cairn, to cut deal value fuels optimism
PFC to raise Rs5,000 crore via tax-free bond
Jubilant Life inks drug discovery pact with Janssen
Aanjaneya Lifecare gets Rs 60cr order to make cough syrup
MNAL to grow dealer network, up LCV production in AP plant
IL&FS unit looks to raise funds in offshore yuan
LIC acquires 10% stake in Andhra Bank



Tuesday, June 28, 2011

NIFTY POSITIONAL CALL

Market in overbought zone-sell Nifty July @ 5555

Market Report


Weak crude prices fuel rally in Indian stocks
Foreign investors could invest up to USD 10bn in MFs
Cheaper loans could be next major Chinese import into India
Jet, Kingfisher's fund raising plans thwarted
HCL, Finzsoft partner for banking solution
HCC, Alstom JV bags Rs1,843 crore order from THDC India
AGS Transact Technologies wins order worth Rs27 crore from IOCL
Usher Agro signs MoU with NBHC for providing storage & handling of food  grains
BASF India approves acquisition of business of Cognis in India
Punj Lloyd bags order worth Rs 826 crore
Grasim Industries resumes operations at Nagda plant
Ybrant Digital to acquire stake in Israelbased Web 3.0

Monday, June 27, 2011

Market Report


Indian stocks surge on easing Greek debt crisis
HDFC, Tata groups overtake Reliance as bigger market movers
TCS, Adani among firms whose owners pledged shares: report
Weizmann Forex, Karma Energy to list on June 28
Coromandel acquires 9% stake in Sabero Organics
Jyoti bags order worth Rs 43 crore
Emami says in talks with Reckitt to buy Paras’ personal care biz
NMDC in talks to buy miner Greystone for $1 bln - report
L&T arm wins orders worth Rs1,610 crore
Perdaman lawsuit ’baseless’, co ready to supply coal: Lanco
Indian mobile handset mkt grows by 15% to Rs33,171 cr in FY11
REC eyes renewable energy foray, plans Rs2,800 cr investment

Friday, June 24, 2011

NIFTY POSITIONAL CALL

Market Report


Value buying, low crude prices lift Indian shares
Govt allows additional export of 5 lakh tonne of sugar
India Inc raises USD 2bn in April through ECBs, FCCBs
GoAir confirms order for 72 Airbus A320neos
Birla Surya to set up silicon wafers unit, to invest Rs 5400 cr
Lupin, Natco tie up to market breast cancer tablets
Firstsource Solutions to raise debt of USD 200m
HIPL revokes 17.33% stake in Hero Honda
Infosys Tech name changed to Infosys
BEML inks pact with Italy's Alenia Aeronautica
Symantec upbeat on buoyant Indian cloud computing market
Will repay complete debt of SKIL Infra: Pipavav Shipyard

Thursday, June 23, 2011

Market Report


Markets end flat in low-volume trade
Promoters pledge shares worth Rs1.5 trillion in 782 cos: report
Reliance Industries strikes natural gas in KG D9 block
Outward FDI up 59% at $3.7bn in May
Timbor Home surges 45% on debut
LT bags order worth Rs 4100 crore
IOC picks 3 banks for $500 mn offshore bond: Sources
ING Vysya Bank hikes lending rate by 25 basis points
Lupin’s subsidiary gets USFDA approval for anti-bacterial tablet
Dr Reddy's gets USFDA approval for antibacterial tablets
Orchid Chemicals' Chennai facility clears USFDA inspection
Sun Pharma gets USFDA approval for migraine injection
L&T Infrastructure Development signs Rs2,600 crore agreement with NHAI
NMDCMittal JV in Senegal making no headway
MTNL ties up with Atom Technologies for bill payment
Tata Steel gets USD 130m in TCP arbitration settlement
IndiGo confirms order for 150 A320neo, 30 A320 aircraft
ONGC east coast block gas volumes seen at 3.57 tcf




Tuesday, June 21, 2011

Market Report


Markets slide to 4-month closing low; sentiment weak
CLSA cuts Indian IT services to 'underweight'
April FDI inflows jump as service, autos shine
RIL falls for 7th day in a row; closes down 4 pc
Citi India net profit increases 78% to Rs1,859 crore in FY’11
Shriram Transport Finance to raise Rs 1000 cr through NCD
HCL Tech, Xerox Corp signs global product engineering service partnership  agreement
Gail, UJVNL join hands to set up Gas based power generation
Saksoft JV with Sofgen India
Odyssey Corp enters into film distribution business
Wellspring Healthcare raises Rs 20.5cr from VC firms
Shriram New Horizons forays into school education
GTL shares tank on debt repayment, fund raising concerns

Monday, June 20, 2011

Market Report


Sun Pharma, Coal India to replace RCom, Reliance Infra on the Sensex
Milestone invests Rs100 cr in Ackruti’s Mumbai project
ICICI Venture to raise up to Rs1,000 crore
Rishad Premji sells 27.4% of his stake in Wipro
Max India to buy Warburg Pincus' stake in Max Healthcare
RIL hires SBI, other banks to raise over $1 bn loan
KV Pharma to sell generic unit to Zydus for $60m
Nirlon seeks shareholders' nod for pref issue of Rs 75cr
Reliance Power Krishnapatnam UMPP hits road block

Thursday, June 16, 2011

Market Report


Indian stocks fall on rate hike jitters
Rising real estate exposure of banks may raise NPAs: RBI
Oil PSUs hike jet fuel prices by 2.4%
HCL Tech in strategic pact with Epicor
30% stake sale in 23 RIL gas blocks to BP gets govt nod
Bharti looks at buying Vodafone's indirect stake in Airtel
Mahindra Satyam signs $200m deal, looks at cost cutting
Indowind to mull preferential issue of shares
MTNL receives IT refund of Rs 177 crore
Mastek surges after UK arm bags order
Jagran Prakashan to invest Rs 16cr in digital biz in FY12
ING Vysya raises Rs 1000 crore via equity allotment
SAIL plans to raise $400 million from overseas


Wednesday, June 15, 2011

NIFTY POSITIONAL CALL

 Go LONG on Nifty @ 5440. 50bps rate hike increase factored in. If rate hike is 25bps tmrw, nifty will zoom around 100 points

Market Report


Inflation to remain high; RBI hints at another rate hike
Govt issues export release orders for 3.97 lakh tonne sugar
VMS Industries falls by 29% in debut on BSE
Reddy’s Mexico unit gets US FDA warning letter
Epicor Software Corporation  partners with Aditya Birla Minacs for Middle East, India
PSL secures order from GAIL (India) for Rs 753 crore
Manappuram to raise Rs 750 cr through retail NCD issue
Gitanjali Gems buys Italian jewellery firm
Walchandnagar Industries up on plan to float Russian JV
Wipro wins IT contract in Punjab
ING Vysya selling shares to raise up to $117 mln - sources

Tuesday, June 14, 2011

ALERT

PLS TRADE CAREFULLY ON BUYBACK/DELISTING RUMORS. A FEW OPERATORS ARE EXITING THEIR COUNTERS AS MARKET FUNDAMENTALS SEEMS TO BE WEAK

Market Report


Tata Communication says raises stake in S Africa's Neotel
Lovable Lingerie most active stock on BSE
VMS Industries to list shares today
Idea Q4 net profit up 13% at Rs 275 cr
Marsons completes order worth Rs 54.40 million received from RRVPNL
Confidence Petro bags order worth Rs 59.8 crore from BPCL
Atul Auto to invest Rs 200cr in 4wheeler foray
LT bags West Bengal power utility order for meter supply
Strike at Clutch Auto comes to an end
Punj Lloyd Group bags Rs 678cr deal from NPCIL
BHEL to invest 9k cr surplus in state power projects
Tata Motors wins order from Siddhivinayak Logistics
Glenmark gets final USFDA nod for skin ointment‎
Aurobindo Pharma receives USFDA approval for hypertension drug
RIL to acquire stake in Bharti's insurance JVs in India
Kinita Real Estate sells 2.72 lakh shares of Prabhav Ind

Monday, June 13, 2011

Market Report


SEBI may change IPO, secondary market trading rules
BHEL to invest 9k cr surplus in state power projects
Glenmark gets final USFDA nod for skin ointment‎
Aurobindo Pharma receives USFDA approval for hypertension drug
Tata Motors bags order for 1,111 trucks from Siddhivinayak Logistics (SVLL)
RIL to acquire stake in Bharti's insurance JVs in India
Kinita Real Estate sells 2.72 lakh shares of Prabhav Ind
TCI to pump Rs 300cr to develop logistics parks, properties
Glodyne to buy Comat Tech to expand e-governance biz
Govt to extend tax break for exporters - report


Friday, June 10, 2011

Market Report


Sensex ends flat as oil prices, food inflation rise
CESC picks up 4.8% stake for $10 mn in Aussie coal firm
IFC invests $4 mn to build solar power plant in India
KSIIDC and GAIL sign joint venture agreement
IndusInd inks agreement with Atos for point of sales(POS) services
Sezal Glass sells float glass biz to Saint Gobain for Rs686 crore
Niraj Cement in JV with Gangotri bags order of 870.8 million
Niraj Cement in JV with ARSS bags order of 8975 million
Saraswat Bank, ADAG in tieup to sell core banking solution
Surana Ventures eyes strategic tieup with global investors
PIS bags Rs 12.5cr project from Mizoram Govt
Strike continues, Maruti’s plant closed for 6th day
Harrisons Malayalam to ink Africa deal in 3-4 months




Thursday, June 9, 2011

Market Report


Markets end lower; eyes RBI policy review
World Bank cuts India's GDP forecast to 8%
OPEC inching toward deal to raise oil output
India 3rd most favoured for green energy investment: KPMG
New MFI bill to make RBI sole regulator, supersede old laws
GAIL, ONGC eye Exxon stake in Kashagan oilfield
ARSS Infrastructure wins two orders worth Rs207.46 crore from MP govt
Tata Motors & Japan’s NEDO develop power generation facility in Pune
Infosys and Gen-i announce strategic partnership
Unity Infraprojects wins order worth Rs99.74 crore in Madhya Pradesh
DB Realty consolidated net profit up 19% to Rs298 crore in FY11
Essar to conclude Zisco deal in 23 weeks
Aptech tiesup with United Nation Information Center
Four firmsin fray to get order from LT Metrorail: Sources
Airbus signs partnership agreements with Indian firms
Keventer, Future Group to develop food park in Bihar jointly
Bajaj eyes overseas markets to sell 2-wheelers with Kawasaki





Wednesday, June 8, 2011

Market Report


Positive global cues lift Indian shares for second day
Govt approves 16 FDI proposals worth $207 mn
Karnataka Bank rallies on bourses amid stake sale report
SSTL Q1 net loss at Rs666.40 crore, revenues up 3-fold
DQE, ZDF ink distribution deal for 3D series
ILandFS Trans signs agreement with Government of Jharkhand
Steel Strips Wheels to raise $16 mn via stake sale
Ramky Infra bags orders worth Rs582 crore
UTV Software denies talks of further stake sale to Disney
Congnizant signs agreement with MIT Centre
Aryaka Networks Inc raises $15mn from investors led by Nexus Venture Partners
Tata Global to sell about 20% in international ops-report


Tuesday, June 7, 2011

Market Report


NMDC signs deal with Australian firm Minemakers
IBM wins contract worth Rs298 crore from India Infoline
Adani Power synchronizes second 660 MW unit at Mundra
Tulip Telecom to sell stake in data center unit in 8 weeks
Gitanjali tiesup with Emonte to offer Visconti in India
Adani Power to start two solar projects
Raymond stock gains 6.5% on Thane land sale buzz


Monday, June 6, 2011

Market Report


FIIs invest Rs 2,100 cr in equities in 3 sessions
Saint Gobain to invest Rs 1,000 cr over next 2 yrs
Fidelity Advisor buys 2.63 lakh shares of eClerx Services
IFCI sells 34.29 lakh shares of Sun TV Network
Basmati Securities buys 5.45 lakh shares of Asahi Infra
S V Enterprises sells 5 lakh shares of Acropetal Tech
HDO bags USD 85 mn EPC contract
IDFC, Khazanah form infrastructure JV for road projects
BPCL plans 60,000 bpd expansion at Bina refinery


Friday, June 3, 2011

Market Report


IPOs with less than Rs 25cr equity to list without SEBI nod
2G trial court dismisses plea for probing Anil Ambani
Gazprom set for more after huge India deals - source
NALCO to invest $61 mln for wind power project
Wearology acquires 52% stake in Amivarsha Land Developers
Kohinoor Foods to hold 15% stake in JV with McCormick
Plan fund raising for European acquisition: Kavveri Telecom
JSW, Essar Steel hike flat product rates to offset input costs
Bosch plans Rs 2,500 crore investment in India

Thursday, June 2, 2011

Momentum shifting to India?

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