MORNING NOTE...........

0 views
Skip to first unread message

Rajesh Desai

unread,
Feb 10, 2013, 11:13:14 PM2/10/13
to



Asian markets were closed. Overnight U.S.  markets were up by 0.35%. SGX Nifty at 8:00AM  was trading at 5906 with a loss of 01 point.

                                                                                                         

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

19484.77

-95.55

(0.49)

(1.35)

Copper

8286.00

-8.00

-0.10

(0.23)

Nifty

5903.5

-35.30

(0.59)

(1.40)

Aluminum

2122.75

3.75

0.18

0.51

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2205.00

0.00

0.00

0.92

Dow Jones

13992.97

48.92

0.35

(0.12)

Nickel

18391.00

71.00

0.39

(1.78)

NASDAQ

3193.87

28.74

0.91

0.46

Lead

2430.00

9.00

0.37

(0.86)

S&P 500

1517.93

8.54

0.57

0.31

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6263.93

35.51

0.57

(1.31)

Gold

1667.85

0.65

0.04

(0.59)

CAC 40

3649.5

48.45

1.35

(3.29)

Silver

31.47

0.05

0.17

(1.15)

DAX

7652.14

61.29

0.81

(2.31)

NYMEX Crude Oil

95.71

-0.01

-0.01

(0.48)

Nikkei 225

11153.16

-203.91

(1.80)

(0.34)

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23215.16

38.16

0.16

(2.14)

Infosys

52.39

0.19

0.36

(0.81)

Shanghai

2432.402

13.87

0.57

0.55

ICICI B

43.48

-0.49

-1.11

(8.96)

CSI 300

2771.725

11.86

0.43

1.04

Wipro

9.49

0.16

1.71

(0.63)

KOSPI

1950.9

19.13

0.99

(0.35)

Sterlite

7.74

-0.18

-2.27

(9.79)

Taiwan

7906.65

19.71

0.25

0.94

HDFCB

38.37

0.24

0.63

(5.77)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

27.06

-0.14

-0.51

(2.87)

SGX Nifty

5906.5

-0.50

(0.01)

(1.44)

Tata Com

8.32

-0.11

-1.30

(3.26)

Dow Jones

13933

7.00

0.05

0.64

DR.Reddy

35.25

-0.28

-0.79

(3.61)

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.65

0.14

(0.26)

(0.67)

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

71.66

-0.11

0.15

0.89

SBI

89.4

-0.10

-0.11

(4.39)

INR-JPY X-RATE

1.72

0.00

0.23

0.46

RIL

32.53

-0.07

-0.21

(4.27)

BALTIC DRY INDEX

748

-1.00

(0.13)

-0.26667

L&T

28.45

0.29

1.03

(3.40)

Source: Bloomberg

 

     ECONOMY:

  * 12:00 noon: India local car sales for January

 

EQUITY MOVERS:

  * BGR Energy 3Q profit declines to 414.4m rupees vs 547.4m a yr earlier. Analysts est. 390m rupees.

  * Hindalco Industries Ltd. reports third-quarter profit that beat analyst estimates as a depreciating rupee boosted earnings and income

from sources other than operations more than tripled.

  * SREI Infrastructure Finance Ltd. plans to sell shares of United Spirits Ltd. it got as collateral for lending to Kingfisher Airlines Ltd. to

 Diageo Plc, Vice Chairman Sunil Kanoria says.

  * Sun Pharma, Taro mutually agreed to terminate their merger agreement, announced in Aug.; all shrholders of Taro (other  than Sun

Pharma and its affiliates) would have received a cash payment of $39.50/shr upon closing. Sun

  * Indraprastha Gas Ltd. 3Q net profit up 25% to 863m rupees Y/y, according to co. statement.

  * Reliance Broadcast Network Ltd. 3Q net loss 171m rupees.

  * Mahindra & Mahindra to buy BAE Systems’ 26% stake in India defense venture: statement.

 

OTHER NEWS:

  * Oil & Natural Gas 3Q profit may drop to 53.8b rupees from 67.4b a yr earlier, median of 38 analyst estimates shows.

  * Tata Power 3Q group profit may decline to 2.35b rupees vs  2.63b rupees a yr ago, according to median of 21 analyst  est.

  * India advance GDP est. of 5% likely to be revised closer to  govt’s forecast of 5.5% or slightly more, Finance Ministry statement.

  * Economy will grow 5%-6% next year: finance minister Chidambaram.

  * Govt will not resort to extra borrowing this year, deficit won’t cross 5.3%: economic affairs secretary Arvind Mayaram.

  * India to give state-run refiners 250b rupees for 3Q for  selling fuels below cost: finance ministry officials.

  * India Environment Ministry approves 2,500 MW of hydro power projects of NHPC, SJVN and Power Grid Corp.: govt statement.

  * India says net proceeds from NTPC share sale at 114.7b  rupees at avg price of 146.43 rupees/shr: finance ministry statement

  * India’s State Trading Corp. seeks bids by Feb. 15, to export 30,000 tons of wheat, STC says on website.

  * Sun Pharma, Taro mutually agreed to terminate their merger agreement, announced in Aug.: statement.

  * MCX Stock Exchange Ltd. will compete from today with BSE Ltd. and National Stock Exchange of India Ltd. after the bourse’s

equity derivatives trading was inaugurated by Finance Minister Palaniappan Chidambaram in Mumbai on Feb. 9.

  * India’s forex reserves -$595.2m to $295.2b in week to Feb. 1, RBI says

  * Kingfisher lenders to meet within 2 weeks: SBI chairman.

  * RBI Governor Duvvuri Subbarao to speak at a convocation in Mumbai.

 

     EARNINGS:

  * Oil & Natural Gas Corp. - 3Q, Est. 53.8b rupees

  * Tata Power Co. group    - 3Q, Est. 2.35b rupees

  * Jaiprakash Associates   - 3Q, Est. 1.24b rupees

  * Voltas                  - 3Q, Est. 471m rupees

  * Indian Hotels Co.       - 3Q, Est. 532m rupees

  * Britannia Industries    - 3Q, Est. 520m rupees

  * Hexaware Technologies   - 4Q, Est. 608m rupees

  * Gujarat Industries Power- 3Q, Est. 504m rupees

  * Dishman Pharmaceuticals - 3Q, Est. 197m rupees

  * Hanung Toys and Textiles, PTC India Financial Services,

    Asahi India Glass, State Trading Corp. Of India, TV Today

    Network, Indo Tech Transformers, Sundaram Fasteners, Sakthi

    Sugar, JSW ISPAT Steel, Jaypee Infratech, Hindustan Media

    Ventures, DCW, HeidelbergCement India.

 

 

     BULK DEALS:

  * Indiabulls Employees Trust Sells 24m Indiabulls Financial  Shrs; Sells 10m Indiabulls Financial shrs at 283.83 rupees apiece on NSE

and 14m shrs at 283.63 rupees on BSE. Shrs purchased at 283.6 rupees each by Swiss Finance Corp. (2.49m shrs), Merrill Lynch Capital

Markets Espana (3.19m shrs),  HSBC Global Investment Funds Mauritius (3.1m shrs), Copthall Mauritius Investment (2.81m shrs)

 

 

     CONFERENCES/EVENTS:

  * 6:30 pm: Bangalore. FCEDA’s India representatives Brickwork India and Indos American Chamber of Commerce organizes seminar on

 ‘Business Opportunities in the US: 2013 Trends’.

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020

 

Note: If you do not wish to receive mails, please send an email with subject “Unsubscribe” to microsec...@microsec.in




--
CA. Rajesh Desai
image001.png
Reply all
Reply to author
Forward
0 new messages