Tuesday, June 30, 2009

Performance for 30th June 2009

SELL HDIL AT 255 BOOKED PROFIT AT 248 - 7 Rs PROFIT PER SHARE.
SELL BHARTI AT 797 EXIT AT 797.
BUY BHARTI AT 797 BOOKED PROFIT AT 806 - 9 Rs PROFIT PER SHARE.
INVESTMENT CALL
BUY L&T FOR A TARGET OF 1720-1750 (BUY GIVEN AT 1655)
BUY TCS FOR A TARGET OF 405-415 (BUY GIVEN AT 397)
BUY TISCO FOR A TARGET OF 420-440 (BUY GIVEN AT 406 > MADE A HIGH OF 411.9)
BUY SUZLON FOR A TARGET OF 120-130.(BUY GIVEN AT 104)

Market Report 30th June2009

Markets end in green, Sensex up by 21 points.
Oil leaps over $2 in trade frenzy, Brent leads.
Microsoft to sell Razorfish.
Nikkei climbs 2 per cent, oil boosts resource shares.
UBS to pay 3-5 bln Sfr to close US tax probe – paper.
ANALYSIS - New law may reshuffle U.S. credit card industry.
ombay HC sanctions RIL-RPL merger.
Religare Banking Fund declares maiden dividend.
L&T bags six orders worth Rs 1,230 cr. for electrical projects.
Syndicate Bank cuts BPLR by 50 bps.
FM may not do much in Budget '09: Morgan Stanley.
Economic recovery seen after Sept - PM adviser.
BHEL up on bagging order worth Rs 170cr.
IFCI to expand balance sheet by 20% every year.
Aurobindo sues S.Africa on AIDS drug tender.
Emaar's merged entity to have $3.65 bn in debt.
Suzlon posts Rs.4.69 billion loss.
Wind market to return to normalcy by FY11: Suzlon.
Vodafone mulls T-Mobile UK bid: Report.
Axis Bank touches 52-week high.
Yes Bank strikes 52-week high.
BEML touches 52-week high.

UCO Bank sees April-June net profit up 15-20 pct.
BHEL bags Rs 170-cr order from Chennai Petroleum Corp.
Cement firms seek excise cut, import duty.
Allahabad Bank cuts BPLR by 25bps.
FICCI pushes for Indo-US FTA excluding agriculture.
Rishabhdev Tecnocable targets Rs 210cr sales in FY11.
Rishabhdev Tech slips below issue price.
Jain Irrigation gets orders worth 1.58 bln rupees.
SpiceJet Q4 net loss at Rs 7.83 cr.
Pyramid Saimira board approves QIP; stk down.
Suzlon board approves to raise upto Rs 5000cr; stk slips 7%.
MTNL to launch 3G Service in Mumbai on July 15; stk up.
BSNL launches its wireless broadband service in Goa.
Biocon forms alliance with Mylan.
Shree Renuka to use QIP funds to expand refining capacity.
Edelweiss MF launches Gilt Funds.
Patel Engineering Q4 net up 25% at Rs63.22 cr.
Commexes' turnover soars 44% to Rs 12,87,708 crore.
Mahindra Holidays fixes issue price at Rs 300/share.
Mahindra Holidays aims to raise $57 mn IPO.
Poor nos due to lower sales, forex liability: Gujarat NRE.
MTN appoints new finance director, head of S.Africa.
SEZ developers want sales tax exemption on domestic sale.
HomeShop18 to add insurance and apparel to portfolio.
Jain Irrigation to supply mango pulp to Coca-Cola.
HDO bags order worth Rs 108 cr from HPCL-Mittal Energy.
CIL disinvestment process to start in six months: Jaiswal.
Fibre rollout in major cities near completion: Tulip Tele.
It's raining dividends at MFs.
United Spirits plans $200 mln share sale - sources.
Singapore Nifty is trading at 4,426.0 up by 37.0 points at 9.05 AM IST>

Monday, June 29, 2009

Performance of 29th June 2009

Performance of the Day: RIL buy given @ 2072 profit booked @ 2095 Rs.23/- per share. Relcap buy given @ 961 profit booked @ 978 Rs.17/- profit per share.
Dlf buy given @ 341 booked @ 344 Rs.3/- per share.
Sell Infosys given @ 1778 booked @ 1771 Rs.7/- profit per share.

Market Report 29th June 2009

The 30-share BSE index ended up 419.02 points at 14,764.64, with 27 stocks gaining.
Indian shares rose 2.9% on Friday to its best close almost two weeks as investors took cues from Asian and European peers and scooped up bargains after the market shed more than 7% over the past two weeks.


Tata Motors FY09 cons net loss at Rs 2,505.3 cr.
Co closely associated with national ID proj: Bartronics.
OBC to open 113 branches; eyes Rs 2 lakh-cr biz in FY10.
Govt projects have huge potential for IT industry: MindTree.
Banks expect removal of 10% voting right cap on FIIs.
Bill to extend ESI healthcare facilities in the offing.
Banks want govt to liberalize FDI norms for insurance ind.
Yamaha announces foray into racing kits business.
Govt to notify exports of 6.5 LT wheat products soon.
MMRDA relaxes norms for bidders of iconic building.
Max India Q4 cons loss Rs 24 cr.
Deccan Chronicle FY09 cons net profit at Rs 142.3 cr.
You can soon spend more time on D-Street
Longer trading hours may become the norm for stock market intermediaries sooner than later. The capital markets regulator, Sebi, is learnt
to be thinking of increasing stock exchange trading hours so that market participants in India are better placed to react to developments in global markets. If the proposal is approved, the equity market will be open for trading from 9:00 am to 5:00 pm.
Jaguar, Land Rover to hit Indian roads soon.

IT cos eye govt's Rs 40k-cr tech spend.
IFCI keen to enter banking.
IFCI Q4 net profit at Rs 142 cr.
Matrix earns Rs 29.9 cr profit in FY08.
PPL to invest Rs 400 crore on capacity expansion.
Essar Steel Hypermart opens first outlet in Orissa.
PwC to add commercial space.
Wockhardt sells animal health biz.
Suzlon Q4 net drops by a third, though sales are well up.
Guj seeks NLC's nod to develop 1500 Mw project.
16 govt banks miss NPA target.
Mahindra Satyam cuts costs, exits unviable businesses.
Hotel Leela Venture FY09 cons PAT down at Rs 144.95 cr.
Unitech’s debt to come down to Rs5,000 cr by July, post-QIP.
Gujarat NRE Coke FY09 cons PAT down at Rs 90.76 cr.
Reliance Haryana SEZ IPO deferred.
JSL plans rights issue to raise Rs500 crore.
BSNL and MTNL yet to see traction in 3G.
Expecting demand, tyre makers roll out radials capacity.
Oil extends losses on economic concerns.

Singapore Nifty is trading flat at 4390 up by 6 points at 9.15 AM IST

Friday, June 26, 2009

Performance for the day 26th june 2009

BUY BANK NIFTY 7200 BOOKED PROFIT AT 7255 MADE A HIGH OF 7422
BUY STERLITE GIVEN AT 593 BOOKED AT 602 MADE A HIGH OF 616.95
BUY HDIL GIVEN AT 234 BOOKED PROFIT AT 238.5 MADE A HIGH OF 257.2
BUY AXIS BANK AT 792 BOOKED PROFIT AT 797 MADE A HIGH OF 822



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Market Report 26th June 2009

US markets end up after Fed Res meet.
Capitalism, IMF and World Bank under fire at U.N..
GM says bankruptcy sale delay would kill suppliers.
Wal-Mart faces ire over drugs from Ranbaxy.
Inflation up a tad, but still stays negative for 2nd week.
Tata Steel's net dips 60 per cent.
Corus to cut 2,045 more jobs in Europe.
Tata Steel to sell 20%-25% more in FY10.
'Oil prices unlikely to stay low in long run'-says ONGC
Rupee sheds 4 bps to close at 48.60 vs $.
Sun TV: Partly cloudy skies-With the radio business continuing to post higher than expected losses, the consolidated set of numbers from Sun TV haven’t quite come in as anticipated.
Insecticides India to invest Rs 40 cr in Dahej.
Tata Comm bags voice outsourcing deal from BT.
Citizen IDs to cost Rs 1.5 lakh crore-Govt.
Pfizer hikes open offer price by 23%, but few takers seen.
Tata Power to snap supply to R-Infra.
RIL, IOC, Adani bid for city gas contracts.
Ailing AI to let staff work for rival airlines.
IT majors vie for slice of UBS' offshoring contract.
Nilekani logs out of Infosys to join govt.
RNRL writes another letter to RIL for talks on gas supply.
RBI’s first quarterly review on 28 July.
Sebi bans 5 linked to Pyramid Saimira.
Govt raises sugar cane prices by 33%.
Novartis raises stake in Indian unit to 76.4%.
Downturn delays Cummins' Rs 750-cr project near Pune.
RBI may tighten capital adequacy norms.
FIIs making the most of arbitrage opportunities.
RCap appoints CEO for Singapore subsidiary.
IDBI Bank cuts lending rate by 25 bps.
Tata Power to set up plant in Netherlands.
F&O cues: Market-wide rollover at 75%.
Market cues: FIIs net sell $123.9 mn.

Indian ADRs:- Indian ADRs ended mostly higher on Thursday. In the banking space, ICICI Bank was up 5.16% at $ 29.57 and HDFC Bank was up 3.12% at $ 100. In the IT space, Patni Computers was up 4.51% at $ 10.89, Wipro was up 3.15% at $ 11.46, Infosys was up 1.49% at $ 36.68 while Satyam Computers was down 1.18% at $ 3.34.
In the telecom space, MTNL was up 3.04% at $ 4.07 while Tata Communication was down 1.12% at $ 18.55. In other sectors, Dr Reddy’s Labs was up 3.81% at $ 16.36, Sterlite Industries was up 3.26% at $ 12.04 and Tata Motors was up 1.25% at $ 9.71.


Singapore Nifty is seen Trading at 4,303.5 up by 25.5 points at 9.20 AM IST

Thursday, June 25, 2009

Performance for the day 25th June 2009

TODAY'S PERFORMANCE
BUY SESA GIVEN AT 189.5 BOOKED PROFIT AT 193.
BUY DLF GIVEN AT 328 BOOKED PROFIT AT 331
BUY ICICI GIVEN AT 706 BOOKED PROFIT AT 712.
BUY INFOSYS AT 1787 BOOKED PROFIT AT 1797.


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