MORNING NOTE

4 views
Skip to first unread message

Rajesh Desai

unread,
Jan 28, 2013, 11:12:05 PM1/28/13
to



MARKETS

Asian Market is trading mixed as Hang Seng was down by 0.05% while Nikkei 225 was up by 0.63% and Chinese markets were down by 0.01%.

Asian shares gained the most in more than a week, while oil and metals climbed, as orders for U.S. durable goods topped estimates and

 business confidence increased in South Korea and Australia. The yen gained against most peers. Overnight U.S.  markets were down by 0.10%.

 SGX Nifty at 8:00AM  was trading at 6071 with a loss of 04 points.

Stocks to watch today: Hindalco & Sterlite as global miners have agreed to raise the treatment and refining charges ( Tc/ Rc) by 10 per cent for the January-March quarter. This sets the benchmark for Hindalco Industries and Sterlite Industries, to get higher realisation for converting copper concentrate into virgin finished products like cathodes.

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

20103.35

-0.18

(0.00)

0.01

Copper

8064.75

14.75

0.18

(0.84)

Nifty

6074.8

0.15

0.00

0.43

Aluminum

2048.75

-1.25

-0.06

(1.29)

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2084.00

2.75

0.13

1.41

Dow Jones

13881.93

-14.05

(0.10)

1.70

Nickel

17570.00

-55.00

-0.31

1.12

NASDAQ

3154.297

4.59

0.15

0.63

Lead

2380.00

2.00

0.08

2.37

S&P 500

1500.18

-2.78

(0.18)

0.96

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6294.41

9.96

0.16

1.84

Gold

1659.85

4.35

0.26

(0.49)

CAC 40

3780.89

2.73

0.07

0.47

Silver

31.00

0.13

0.40

(2.07)

DAX

7833

-24.97

(0.32)

1.09

NYMEX Crude Oil

96.66

0.22

0.23

0.44

Nikkei 225

10892.94

68.63

0.63

1.71

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23660.57

-11.31

(0.05)

0.01

Infosys

52.21

-0.46

-0.87

0.00

Shanghai

2346.207

-0.30

(0.01)

1.34

ICICI B

46.26

-0.13

-0.28

4.78

CSI 300

2660.234

8.37

0.32

2.44

Wipro

9.45

0.02

0.21

2.72

KOSPI

1955.07

15.36

0.79

(2.08)

Sterlite

8.4

0.01

0.12

(1.75)

Taiwan

7770.01

55.34

0.72

0.14

HDFCB

40.4

-0.41

-1.00

2.05

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

28.05

0.21

0.75

(8.75)

SGX Nifty

6071

-4.00

(0.07)

(0.48)

Tata Com

8.51

-0.20

-2.30

(3.51)

Dow Jones

13836

4.00

0.03

1.02

DR.Reddy

35.7

-0.32

-0.89

(0.14)

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.92

0.23

(0.43)

(0.30)

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

72.48

0.92

(1.27)

(1.33)

SBI

94.8

1.30

1.39

(1.46)

INR-JPY X-RATE

1.69

0.00

(0.24)

(1.90)

RIL

33.32

-0.75

-2.20

(3.39)

BALTIC DRY INDEX

792

-6.00

(0.75)

-5.48926

L&T

29.33

-0.37

-1.25

0.27

SOURCE;BLOOMBERG

 

     ECONOMY:

  * 11 am: India to announce 3Q review of monetary policy for  the yr 2012-13 and interest rate decision.

 

EQUITY MOVERS:

  * Amara Raja Batteries 3Q profit 809.1m rupees vs 659.3m. Analyst est. 738m.

  * Axis Bank is offering 34m shrs to all investors and another  5.9m preferential shrs, according to term sheet obtained by Bloomberg News.

Shrs to be priced at 1,390 rupees apiece.

      * Gujarat Alkalies & Chemicals 3Q profit 333.4m rupees vs  259.4m.

  * ING Vysya Bank 3Q net income 1.62b rupees vs 1.2b.

  * Kpit Cummins Infosystems 3Q profit 504.3m rupees vs 410.7m  rupees.

  * Neyveli Lignite Corp. 3Q profit 2.22b rupees vs 1.85b. One- time gain 631.3m rupees. Analyst est. 2.57b rupees;

  * Torrent Power 3Q profit 948m rupees vs 2.11b rupees.

 

OTHER NEWS:

  * The RBI will probably cut its benchmark repurchase rate to  7.75%, according to 30 of 35 analysts in a Bloomberg survey.

  * Elevated inflation is limiting room to cut interest rates,  the RBI said in a report yesterday, adding that its focus  may shift to

spurring growth as the govt implements an overhaul of economic policies.

  * Sterlite Industries 3Q group profit may gain to 13.9b rupees vs 9.14b a yr earlier, median of 26 analyst est. shows.

  * Idea Cellular 3Q group profit expected at 2.62b rupees vs 2.01b rupees, according to median of 29 analyst est.

  * Axis Bank, India’s third-largest non-state lender, began a share sale to raise as much as 55.5b ($1 billion), terms sent to investors show.

  * India’s PEC invites bids to export 125,000 tons of wheat  from state reserves for Feb. 20-March 31 shipment from  Krishnapatnam port.

 Bids close Feb. 18.

  * India cuts Dec.-March free-sale sugar quota to 6.65m tons from 6.8m tons: food ministry statement.

  * India approves 4 overseas investment proposals worth 2.8b rupees, including one of 2b rupees by IvyCap Ventures Trust: govt statement.

 

     EARNINGS:

  * Sterlite Industries     - 3Q, Est. 13.9b rupees.

  * Idea Cellular           - 3Q, Est. 2.62b rupees.

  * United Phosphorus       - 3Q, Est. 1.39b rupees.

  * Glenmark Pharmaceuticals- 3Q, Est. 1.65b rupees.

  * Engineers India         - 3Q, Est. 1.59b rupees.

  * Crompton Greaves        - 3Q, Est. 694m rupees.

  * Dabur India             - 3Q, Est. 2.07b rupees.

  * Container Corp. of India- 3Q, Est. 2.49b rupees.

  * Jubilant Life Sciences  - 3Q, Est. 957m rupees.

  * Gujarat Mineral Devel.  - 3Q, Est. 1.37b rupees.

  * Torrent Pharmaceuticals - 3Q, Est. 1.05b rupees.

  * Reliance Capital, L&T Finance Holdings, Alstom T&D India,

    Century Textiles & Industries, Oracle Financial Services

    Software, Pidilite Industries, Zee News, PVR, Shoppers Stop,

    Gujarat State Fertilizers & Chemicals, Gujarat Narmada

    Valley Fertilizers, Transport Corp. Of India, NOCIL.

 

     CONFERENCES/EVENTS:

  * 1030. New Delhi. FICCI-CUTS International organizes meeting  with Pascal Lamy, director general of World Trade Organisation.

  * 10:30 am: New Delhi. FICCI organizes meeting with Radovan   Žerjav, deputy prime minister of Slovenia and delegates

  * 11 am: Central bank governor Duvvuri Subbarao to unveil 3Q Review of Monetary Policy Statement for 2012-13.

  * 11 am. India Ratings & Research, a Fitch group co., hosts discussion on outlook for education.

  * 11 am: Chennai. Rajeev Bhutani, head-HA of Samsung India, to announce new initiatives.

  * 11:30 am: New Delhi. Vishal Gupta, MD of Ashiana Housing Ltd., to share new brand identity and plans.

  * 11:30 am: New Delhi. Canon India introduces marketing  initiative at airport terminals & shares 2013 India plans.

  * 2 pm: India Ratings hosts discussion on outlook for  pharmaceuticals.

  * 2:30 pm: Mumbai. Trust Research Advisory to announce Launch of The Brand Trust Report, India Study 2013.

  * 3 pm: Mumbai. RBI Governor D. Subbarao holds press  conference after 3Q review of monetary policy.

  * 4 pm: India Ratings hosts discussion on outlook for shipping.

  * 4 pm: Rajendra Darak, group CFO of United Phosphorus, holds conference call to discuss earnings.

 

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020


--
CA. Rajesh Desai
image001.png

Rajesh Desai

unread,
Jan 30, 2013, 11:25:53 PM1/30/13
to


MARKETS

Asian Market is trading lower as Hang Seng was down by 0.50% while Nikkei 225 was down by 0.61% and Chinese markets were up by 0.20%.

Asian stocks fell from a 17-month high after Japanese industrial output missed estimates, the U.S. economy unexpectedly shrank and

Nintendo Co. predicted a loss. Metals slid, the won weakened and Asian bond risk rose. Overnight U.S.  markets were down by 0.32%.

 SGX Nifty at 8:00AM  was trading at 6055 with a loss of 04 points.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

20005

14.10

0.07

0.41

Copper

8218.00

-8.00

-0.10

1.51

Nifty

6055.75

5.85

0.10

0.60

Aluminum

2097.00

-7.00

-0.33

1.01

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2145.50

-9.50

-0.44

2.70

Dow Jones

13910.42

-44.00

(0.32)

0.95

Nickel

18290.00

-75.00

-0.41

5.18

NASDAQ

3142.308

-11.35

(0.36)

(0.36)

Lead

2448.75

9.75

0.40

1.90

S&P 500

1501.96

-5.88

(0.39)

0.48

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6323.11

-16.08

(0.25)

2.02

Gold

1680.10

3.05

0.18

1.29

CAC 40

3765.52

-20.30

(0.54)

1.06

Silver

32.07

0.03

0.11

2.81

DAX

7811.31

-37.26

(0.47)

1.35

NYMEX Crude Oil

97.92

-0.02

-0.02

2.05

Nikkei 225

11046.24

-67.71

(0.61)

4.01

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23703.6

-118.46

(0.50)

0.44

Infosys

52.83

0.38

0.72

(0.36)

Shanghai

2387.238

4.76

0.20

3.68

ICICI B

46.41

-0.57

-1.21

1.53

CSI 300

2692.254

3.54

0.13

4.24

Wipro

9.48

0.11

1.17

2.71

KOSPI

1958.14

-6.29

(0.32)

(0.32)

Sterlite

8.68

0.12

1.40

3.46

Taiwan

7823.99

-8.99

(0.11)

1.66

HDFCB

40.79

0.63

1.57

1.27

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

27.85

-0.16

-0.57

3.19

SGX Nifty

6055

-4.00

(0.07)

(0.33)

Tata Com

8.69

0.21

2.48

(3.55)

Dow Jones

13826

-12.00

(0.09)

0.33

DR.Reddy

36.45

0.25

0.69

2.30

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.24

-0.07

0.13

0.84

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

72.30

0.04

(0.06)

(1.03)

SBI

93.7

0.40

0.43

(2.40)

INR-JPY X-RATE

1.71

0.00

0.23

(1.46)

RIL

33.7

0.60

1.81

(2.85)

BALTIC DRY INDEX

767

-12.00

(1.54)

-6.11995

L&T

29.6

-0.27

-0.90

1.79

SOURCE:BLOOMBERG

 

     ECONOMY:

  * 11 am: Govt to release revised GDP estimate for FY12.

  * 5 pm: New Delhi. Controller General of Accounts will release the budget deficit for the 9-mos through December.

 

EQUITY MOVERS:

  * Central Bank of India Chairman Mohan Tanksale said govt  stake in bank to rise to 84% by March. Legal action to be taken against

 Kingfisher Air only if all hope is lost.

  * Oil India shr sale price to be announces after trading  hours. Sale starts tomorrow, Oil Secretary G.C. Chaturvedi says.

  * Power Finance 3Q profit 11.2b rupees vs 11.1b yr earlier. Analyst est. 10.5b.

  * State Bank of India cuts base rate to 9.70% from 9.75%; prime lending rate to 14.45% from 14.50% effective Feb. 4.

  * Sterlite Industries gets approval to start operations of  India coal handling terminal at Vishakhapatnam.

  * Union Bank of India approves raising 10b rupees for capital infusion.

 

OTHER NEWS:

  * ICICI Bank 3Q profit may rise to 20.8b rupees from 17.3b yr earlier, median of 42 analyst est. shows.

  * Punjab National Bank 3Q profit expected at 11.6b rupees vs 11.5b rupees, according to median of 42 analyst est.

  * The cabinet may decide sugar cane prices for 2013-14: Food Minister K.V. Thomas.

  * SEBI bars Angel Broking from taking new clients for 2 weeks: order on website.

    

     EARNINGS:

  * ICICI Bank               - 3Q, Est. 20.8b rupees.

  * Punjab National Bank     - 3Q, Est. 11.6b rupees.

  * Tata Global Beverages    - 3Q, Est. 1.08b rupees.

  * Union Bank of India      - 3Q, Est. 5.75b rupees.

  * Siemens India            - 1Q, Est. 820m rupees.

  * Lupin                    - 3Q, Est. 2.95b rupees.

  * Mangalore Refinery       - 3Q, Est. 1.95b rupees.

  * Godrej Consumer Products - 3Q, Est. 2.05b rupees.

  * Satyam Computer Services - 3Q, Est. 3.14b rupees.

  * Allahabad Bank           - 3Q, Est. 3.75b rupees.

  * Grasim Industries        - 3Q, Est. 5.64b rupees.

  * Cummins India            - 3Q, Est. 1.52b rupees.

  * Thermax                  - 3Q, Est. 836m rupees.

  * Sobha Developers         - 3Q, Est. 525m rupees.

  * Bharti Infratel, Bharat Bijlee, Shree Renuka Sugars,

    Mahindra * Holidays & Resorts India, Trent, Redington India, Tube Investments of India, HSIL, Punjab & Sind Bank,

    National Fertilizers, Tide Water Oil Co., GTL  Infrastructure.

 

     CONFERENCES/EVENTS:

  * 10 am: Pune. Arun Maira, member of Planning Commission of  India, and Sam Pitroda, adviser to PM, address CII conclave on Nurturing

 the Positive Powers of India.

  * 11 am: DFM Foods Ltd. holds earnings conference call.

  * 11 am: India Ratings & Research, a Fitch group co., hosts discussion on outlook for banks.

  * 11:45 am: Kolkata. CII session with Anita Bose Pfaff, professor of economics at the University of Augsburg, on Global Economy - The Future Ahead.

  * 12 pm: New Delhi. K.R. Kamath, CMD of Punjab National Bank, announces 3Q financial results.

  * 12:15 pm: New Delhi. Parthasarathi Shome, adviser to India’s  finance minister, addresses FICCI national executive committee meeting.

  * 1:45 pm: New Delhi. Haruhiko Kuroda, president of Asian Development Bank, addresses FICCI national executive committee meeting.

  * 3 pm: New Delhi. Reliance Communications Ltd. and Lenovo Business Group to make  strategic announcement.

  * 3:30 pm: Mumbai. Briefing by NHRC chairperson Justice K.G.  Balakrishnan on outcome of hearing on complaints of problems & rights

 to scheduled castes in Maharashtra.

  * 4 pm: India Ratings hosts discussion on outlook for NBFCs.

  * 5 pm: Delhi. Haruhiko Kuroda, president of ADB, speaks at Delhi Sustainable Development Summit.

  * 5:30 pm: Chennai. Brussels Invest and Export opens Trade and Investment Office.

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research



--
CA. Rajesh Desai

Rajesh Desai

unread,
Jan 31, 2013, 11:14:51 PM1/31/13
to




MARKETS

Asian Market is trading lower as Hang Seng was down by 0.39% while Nikkei 225 was up by 0.35% and Chinese markets were up by 0.24%.

Asian stocks erased earlier gains after China’s manufacturing expanded at a slower pace in January, missing economists’ estimates. Overnight

 U.S.  markets were down by 0.36%. SGX Nifty at 8:00AM  was trading at 6034 with a loss of 24 points.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

19894.98

-110.02

(0.55)

(0.14)

Copper

8192.75

27.75

0.34

2.03

Nifty

6034.75

-21.00

(0.35)

(0.66)

Aluminum

2092.50

1.50

0.07

2.27

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2135.00

-10.00

-0.47

2.64

Dow Jones

13860.58

-49.84

(0.36)

0.25

Nickel

18355.00

30.00

0.16

5.61

NASDAQ

3142.132

-0.18

(0.01)

0.38

Lead

2430.00

-1.00

-0.04

3.18

S&P 500

1498.11

-3.85

(0.26)

0.22

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6276.88

-46.23

(0.73)

0.19

Gold

1662.25

-1.40

-0.08

0.21

CAC 40

3732.6

-32.92

(0.87)

(0.52)

Silver

31.45

0.00

-0.02

0.81

DAX

7776.05

-35.26

(0.45)

0.36

NYMEX Crude Oil

97.48

-0.01

-0.01

1.67

Nikkei 225

11177.33

38.67

0.35

2.29

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23635.86

-93.67

(0.39)

0.24

Infosys

52.72

-0.11

-0.21

0.15

Shanghai

2381.474

-3.95

(0.17)

3.94

ICICI B

45.8

-0.61

-1.31

0.59

CSI 300

2693.355

6.47

0.24

4.73

Wipro

9.47

-0.01

-0.11

2.38

KOSPI

1949.56

-12.38

(0.63)

0.15

Sterlite

8.49

-0.19

-2.19

2.66

Taiwan

7853.46

3.44

0.04

2.36

HDFCB

40.22

-0.57

-1.40

(0.81)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

27.63

-0.22

-0.79

0.47

SGX Nifty

6034.5

-24.50

(0.40)

(0.67)

Tata Com

8.68

-0.01

-0.12

(1.59)

Dow Jones

13831

34.00

0.25

0.14

DR.Reddy

35.94

-0.51

-1.40

0.06

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.23

-0.08

0.15

0.86

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

72.10

-0.16

0.22

(0.76)

SBI

94

0.30

0.32

0.48

INR-JPY X-RATE

1.72

0.00

(0.23)

(2.38)

RIL

33.48

-0.22

-0.65

(2.93)

BALTIC DRY INDEX

760

-7.00

(0.91)

-5.94059

L&T

29.14

-0.46

-1.55

(0.55)

SOURCE;BLOOMBERG

 

     ECONOMY:

  * 10:30 am: India HSBC-Markit manufacturing PMI for January

 

     EQUITY MOVERS:

  * GTL Infrastructure 3Q loss 854.6m rupees vs 14.3m loss.

  * Jagran Prakashan 3Q profit 658.7m rupees vs 413m.

  * Jet Airways may be valued at $1.3b-$1.4b by Etihad: industry consultant CAPA Centre for Aviation. Co. to post 3Q earns

    today.

  * MRPL 3Q loss 3.6b rupees vs 1.1b profit. Est. 1.95b profit. Forex loss 2.57b. Shrs +2.2% to 64 rupees.

  * Oil India shr sale floor price set at 510 rupees each, or  5.6% discount to closing yesterday.

  * Oil & Natural Gas Corp. may sell $900m bonds to finance  Azeri stake purchase, Chairman Sudhir Vasudeva says.

  * Satyam Computer 3Q profit 799.8m rupees vs 3.08b. One-time  loss 2.94b rupees.

  * Trent 3Q profit 209.9m rupees vs 141m rupees. Est. 155m.

 

OTHER NEWS:

  * Bharti Airtel 3Q profit may decline to 8.39b rupees vs 10.1b  rupees yr earlier, median of 31 analyst est. shows.

  * Bharat Heavy 3Q profit expected at 13.5b rupees vs 14.3b  rupees, according to median of 34 analyst est.

  * Oil India stake sale by govt. Floor price 510 rupees a shr.

  * India’s April-Dec. budget deficit 4.05t rupees, or 78.8% of  FY13 target of 5.14t rupees: Controller General of Accounts.

  * Govt may raise 270b from asset sales vs 300b rupee target,  Disinvestment Secretary Ravi Mathur says.

  * India’s eight core industries grew 2.6% in Dec. vs 4.9% yr earlier: govt.

  * RBI Governor Duvvuri Subbarao says he’s given budget suggestions to finance minister.

  * India to give preference to locally made computers for govt  use, Ministry of Communications and IT says.

  * Jet Airways may be valued at $1.3b-$1.4b by Etihad, a 35% premium to market value, industry consultant CAPA report.

  * Power Finance sells rupee notes at 8.72% coupon.

 

     EARNINGS:

  * Bharti Airtel            - 3Q, Est. 8.39b rupees.

  * Bharat Heavy Electricals - 3Q, Est. 13.5b rupees.

  * Marico                   - 3Q, Est. 1.04b rupees.

  * IDFC                     - 3Q, Est. 4.92b rupees.

  * Jet Airways India        - 3Q, Est. 432m rupees.

  * TVS Motor                - 3Q, Est. 525m rupees.

  * Adani Enterprises        - 3Q, Est. 3.41b rupees.

  * Corporation Bank         - 3Q, Est. 8.11b rupees.

  * Karur Vysya Bank         - 3Q, Est. 1.42b rupees.

  * Hindustan Construction   - 3Q, Est. -387.5m rupees.

  * State Bank of Bikaner & Jaipur, Lakshmi Mills, Graphite

    India, 3i Infotech, Godfrey Phillips India.

 

 

     BOND SALES:

  * 3 p.m. India to sell 30b rupees of 8.12% 2020 bonds

  * 3 p.m. India to sell 60b rupees of 8.20% 2025 bonds

  * 3 p.m. India to sell 30b rupees of 8.30% 2042 bonds

 

 

     IPOs:

  * V-Mart Retail shr sale starts today, closes Feb. 5. Co. raised 141.6m rupees selling 674,400 shares at 210 rupees  each to

Morgan Stanley and IDFC before IPO.

 

 

     CONFERENCES/EVENTS:

  * 10 am: Jaipur. Two-day ASME India Oil & Gas Pipeline conference starts.

  * 10 am: New Delhi. Railway Minister Pawan Kumar Bansal  inaugurates seminar on High Speed Trains in India.

  * 11 am: India Ratings & Research, a Fitch group co.,  discusses outlook for chemicals sector.

  * 11 am: New Delhi. WWF to discuss Global Trends in  Sustainable Production and Consumption with special focus on edible oils

at Delhi Sustainable Development Summit 2013.

  * 11:30 am: New Delhi. General Motors India to introduce Chevrolet Sail sedan.

  * 12 pm: Mumbai. M. Narendra, CMD of Indian Overseas Bank, will address media on earnings.

  * 12:30 pm: New Delhi. FICCI discussion on Current Economic Scenario & Countdown to Budget.

  * 2 pm: Balrampur Chini Mills holds earnings conference call.

  * 3:30 pm: New Delhi. ADB President Haruhiko Kuroda addresses media at Delhi Sustainable Development Summit.

  * 4 pm: India Ratings & Research discusses outlook for gems &  jewelry sector.

  * New Delhi: 5th edition of India Art Fair opens.

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020

 


--
CA. Rajesh Desai
image001.png

Rajesh Desai

unread,
Feb 3, 2013, 11:11:25 PM2/3/13
to



Asian Market is trading lower as Hang Seng was up by 0.54% while Nikkei 225 was up by 0.48% and Chinese markets were up by 0.44%.

Asia’s benchmark stock index rose to the highest level in 18 months as U.S. payrolls expanded and China services industries grew at the

 fastest pace since August, adding to optimism in the global economic recovery. Overnight U.S.  markets were up by 1.08%. SGX Nifty

at 8:00AM  was trading at 6055 with a loss of 05 points.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

19781.19

-113.79

(0.57)

(1.60)

Copper

8307.50

17.50

0.21

3.20

Nifty

5998.9

-35.85

(0.59)

(1.25)

Aluminum

2135.00

10.00

0.47

4.35

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2180.00

4.00

0.18

4.76

Dow Jones

14009.79

149.21

1.08

0.82

Nickel

18670.00

45.00

0.24

5.93

NASDAQ

3179.098

36.97

1.18

0.93

Lead

2468.50

17.50

0.71

3.81

S&P 500

1513.17

15.06

1.01

0.68

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6347.24

70.36

1.12

1.00

Gold

1671.70

4.25

0.25

(0.32)

CAC 40

3773.53

40.93

1.10

(0.12)

Silver

31.84

0.01

0.03

(0.63)

DAX

7833.39

57.34

0.74

(0.31)

NYMEX Crude Oil

97.56

-0.21

-0.21

1.16

Nikkei 225

11245.37

54.03

0.48

3.89

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23849.96

128.12

0.54

0.75

Infosys

52.82

0.10

0.19

0.28

Shanghai

2433.574

14.55

0.60

3.71

ICICI B

47.76

1.96

4.28

2.95

CSI 300

2755.468

12.14

0.44

3.91

Wipro

9.55

0.08

0.84

1.27

KOSPI

1956.82

-0.97

(0.05)

0.88

Sterlite

8.58

0.09

1.06

2.26

Taiwan

7907.42

51.45

0.65

2.50

HDFCB

40.72

0.50

1.24

(0.22)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

27.86

0.23

0.83

0.07

SGX Nifty

6055.5

16.50

Tata Com

8.6

-0.08

-0.92

(1.26)

Dow Jones

13935

5.00

0.04

0.74

DR.Reddy

36.57

0.63

1.75

1.53

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.20

-0.03

0.05

0.92

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

72.60

0.50

(0.69)

(1.44)

SBI

93.5

-0.50

-0.53

0.00

INR-JPY X-RATE

1.75

0.00

0.11

(3.66)

RIL

33.98

0.50

1.49

(0.26)

BALTIC DRY INDEX

750

-10.00

(1.32)

-6.01504

L&T

29.45

0.31

1.06

(0.84)

SOURCE:BLOOMBERG

 

EQUITY MOVERS:

  * Adani Enterprises 3Q Net Income 4.16b rupees vs 4.07b last year: BSE; Beats est. 3.41b rupees.

      * Ashok Leyland Jan. sales 10,561 units vs 10,300 a year ago.

  * Bajaj Auto Jan. sales 347,624 units vs 337,875 a year ago.

  * Divi Laboratories 3Q net profit 1.44b rupees vs. 1.23b rupees a year earlier;  misses est. 1.46b rupees.

  * Dunlop India asked by Calcutta High Court to be wound up.

      * Hero MotoCorp Jan. two-wheeler sales 557,797 units vs  520,272 in same period a year ago.

  * IDFC 3Q group profit 4.55b rupees vs 3.81b a year earlier:  filing. Analysts Est. 4.92b.

  * Indian Bank 3Q net profit 3.31b rupees vs 5.26b rupees a year earlier; misses est. 4.92b rupees.

  * Tata Motors Jan. sales drop 30% to 61,660 vehicles

  * TVS Motor Co. Ltd. January sales 175,931 units vs 173,514 a year ago.

  * Trading band removed for Bharat Electronics, 1,271.25 rupees; Container Corp.

   

OTHER NEWS:

  * Bank of Baroda 3Q profit may rise to 13.2b rupees vs 12.9b a  yr earlier, median of 40 analyst estimates show.

  * Rural Electrification Corp. 3Q profit expected at 9.72brupees vs 7.7b rupees a yr ago, according to median of 21  analyst est.

  * Reserve Bank may reduce the proportion of lenders’ bond holdings that is shielded from market fluctuations as it seeks to boost

 trade in government securities.

  * India’s top court seeks report from a panel on the feasibility of disposal of iron ore in the southern state of Karnataka

  * Religare Capital Markets said a software glitch sent Tata Motors Ltd.’s shares tumbling 10% in Mumbai trading Feb. 1.

  * India’s winter crop area totals 60.5m hectares vs 60.8m, the agriculture ministry says in an e-mailed statement.

  * India’s forex reserves +$77.6m to $295.7b in week to Jan. 25, RBI says

 

 

     EARNINGS:

  * Bank of Baroda         - 3Q, Est. 13.2b rupees.

  * Rural Electrification  - 3Q, Est. 9.72b rupees.

  * United Spirits         - 3Q, Est. 789m rupees.

  * Jammu & Kashmir Bank   - 3Q, Est. 2.71b rupees.

  * Escorts                - 1Q, Est. 232m rupees.

  * Jain Irrigation Systems- 3Q, Est. 324m rupees.

  * Jubilant Foodworks     - 3Q, Est. 402m rupees.

  * IL&FS Transportation N.- 3Q, Est. 971m rupees.

  * Ingersoll Rand India, Rashtriya Chemicals and Fertilizers,

    Kingfisher Airlines, Varun Shipping Co., State Bank of

    Mysore, Nahar Spinning Mills, BOC India, Fedders Lloyd Corp

 

 

     CONFERENCES/EVENTS:

  * 10:00 am: Mumbai. Maharashtra Chief Minister Prithviraj  Chavan at International Workshop on Governance of India’s Megacity,

hosted by the Confederation of Indian Industry.

  * 10:30 am: Mumbai. Rajiv Lal, vice chairman & MD of IDFC Ltd. will address media to discuss their 3Q FY13 performance.

  * 11:30 am: Mumbai. Case New Holland Construction Equipment  (I) to launch new products in road construction and mining segment

  * 12 pm: New Delhi. SEA and members of the Indian Vegetable Oil Indusry to share details on revised import duty structure on edible oil and

 its impact

  * 2:30 pm: Mumbai. Finance Minister P. Chidambaram to unveil new brand PNB MetLife of Punjab National Bank and MetLife, Inc.

  * 4 pm: India Ratings & Research, a Fitch group co. hosted a  webinar to discuss outlook 2013 for textiles sector.

  * 5 pm: Ajay Gupta, ED of Commercial Engineering & Body Building Co. hold a conference call to discuss on 3Q FY13 results.

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020

 

--
CA. Rajesh Desai
image001.png

Rajesh Desai

unread,
Feb 4, 2013, 11:13:36 PM2/4/13
to

 

Asian Market is trading lower as Hang Seng was down by 1.59% while Nikkei 225 was down by 1.31% and Chinese markets were down by 0.76%.

Asian stocks fell, dragging the regional benchmark equities index down from an 18-month high, amid renewed concern about

Europe’s debt crisis. Overnight U.S.  markets were down by 0.93%. SGX Nifty at 8:00AM  was trading at 5964 with a loss of 28 points.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

19751.19

-30.00

(0.15)

(1.20)

Copper

8281.00

-24.00

-0.29

2.20

Nifty

5987.25

-11.65

(0.19)

(1.04)

Aluminum

2103.00

-9.00

-0.43

2.09

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2165.00

-20.00

-0.92

3.34

Dow Jones

13880.08

-129.71

(0.93)

(0.01)

Nickel

18560.00

-165.00

-0.88

4.10

NASDAQ

3131.167

-47.93

(1.51)

(0.73)

Lead

2442.50

-8.50

-0.35

1.56

S&P 500

1495.71

-17.46

(1.15)

(0.30)

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6246.84

-100.40

(1.58)

(0.76)

Gold

1673.45

-0.25

-0.01

0.59

CAC 40

3659.91

-113.62

(3.01)

(3.20)

Silver

31.71

-0.04

-0.12

0.82

DAX

7638.23

-195.16

(2.49)

(2.49)

NYMEX Crude Oil

95.97

-0.20

-0.21

(1.64)

Nikkei 225

11112.44

-147.91

(1.31)

2.26

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23307.39

-377.62

(1.59)

(1.47)

Infosys

51.91

-0.91

-1.72

(0.57)

Shanghai

2409.617

-18.54

(0.76)

2.15

ICICI B

47.06

-0.70

-1.47

1.73

CSI 300

2739.013

-9.02

(0.33)

2.36

Wipro

9.39

-0.16

-1.68

(0.63)

KOSPI

1938.65

-14.56

(0.75)

(0.05)

Sterlite

8.26

-0.32

-3.73

(1.67)

Taiwan

7877.89

-45.27

(0.57)

0.97

HDFCB

40.12

-0.60

-1.47

(0.69)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

27.37

-0.49

-1.76

(2.42)

SGX Nifty

5964.5

-28.50

(0.48)

(2.18)

Tata Com

8.43

-0.17

-1.98

(0.94)

Dow Jones

13849

4.00

0.03

(0.42)

DR.Reddy

35.84

-0.73

-2.00

0.39

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.29

0.09

(0.16)

1.18

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

71.80

-0.50

0.70

0.60

SBI

92

-1.50

-1.60

(2.95)

INR-JPY X-RATE

1.73

0.00

0.12

(2.08)

RIL

33.13

-0.85

-2.50

(0.57)

BALTIC DRY INDEX

745

-5.00

(0.67)

-5.93434

L&T

29.09

-0.36

-1.22

(0.82)

SOURCE:BLOOMBERG

 

ECONOMY:

  * 10:30 am: India HSBC-Markit services PMI for January

  * Seven Indian states to sell 76.7b rupees of 10-yr bonds

 

EQUITY MOVERS:

  * Adani Agro offers 7m Adani Enterprises shrs for sale on Feb. 6. Floor price to be set today.

  * Escorts 1Q profit 281.4m rupees vs 90.7m.

  * Ingersoll Rand India 3Q profit 203.5m rupees vs 277.9m

  * Nestle India to buy 26% stake in Indocon Agro & Allied  Activities, engaged in milk collection business in western India.

  * Rural Electrification 3Q net income 10.3b rupees vs 7.7b rupees. Est. 9.72b.

  * United Spirits 3Q net income 805.5m rupees vs 470.6m rupees.

 

OTHER NEWS:

  * Hydroelectric power producer NHPC 3Q profit may gain to 2.33b rupees from 2.12b yr earlier, median of 13 analyst est. shows.

  * Vodafone India willing and positive on tax resolution:  Chairman Analjit Singh says after meeting finance ministry officials.

  * Air India extends bid deadline for 787 sale, leaseback to  Feb. 7 from Feb. 5: statement on website.

  * Shell India to challenge income-tax order, says transfer pricing order based on incorrect interpretation.

  * India stocks most overbought in EM Asia by foreign funds at 1.7% of market cap over past 12 mos: Credit Suisse analysts  Sakthi Siva

and Kin Nang Chik write in note.

  * India’s sugar output to fall to 22m tons in 2013-14 from 24.3m tons in 2012-13 because of dry weather, Agrocorp  Managing Director

 Vijay Iyengar says in interview in Dubai.

  * India exempts exports of wheat flour, agri and milk products from ban even in the event of curbs on export of basic farm produce, Commerce

 Ministry says.

  * Kingfisher Airlines 3Q loss 7.55 billion rupees

 

EARNINGS:

  * NHPC  - 3Q, Est. 2.33b rupees.

  * United Bank of India- 3Q, Est. 1.54b rupees.

  * J.B. Chemicals & Pharmaceuticals, Jindal Stainless, United

    Breweries Holdings, McDowell Holdings, UCO Bank, GTL,

    Ballarpur Industries, Kesoram Industries, Essel Propack, A2Z

    Maintenance & Engineering Services, Cosmo Films, Seamec,

    Kamat Hotels (I), Mangalore Chemicals & Fertilizers.

 

     IPOs:

  * V-Mart Retail IPO got demand for 0.07 times shrs offered on

    second day yesterday. Sale closes today.

 

     CONFERENCES/EVENTS:

  * 9 am: New Delhi. Shashi Tharoor, minister of state for HRD, speaks at FICCI’s CEO Speak over Chairman’s Breakfast forum.

  * 11 am: India Ratings & Research, a Fitch group co., discusses outlook for infrastructure and project finance.

  * 12 pm: Escorts holds earnings conference call.

  * 12 pm: Chennai. Prathap C. Reddy, chairman of Apollo Hospitals Group, and Sangita Reddy, director of Apollo MedSkills, announce an initiative.

  * 2:15 pm: Mumbai. HSBC India organizes discussion with executives, including Herald Van Der Linde, head of equity strategy for

 Asia Pacific at HSBC Global Research; Hitendra  Dave, MD & head of global markets, and Jitendra Sriram, head  of research in India.

  * 4 pm: India Ratings & Research discusses outlook for structured finance.

 

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020


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