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Rajesh Desai

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Jan 17, 2013, 11:06:24 PM1/17/13
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MARKETS

Asian Market is trading higher as Hang Seng was up by 0.71% while Nikkei 225 was up by 2.19% and Chinese markets were up by 0.62%.

Asian stocks climbed after data showed that China’s economy accelerated for the first time in two years. The yen traded near a 2 1/2-year low

and the Topix index jumped on prospects the Bank of Japan will extend asset purchases. Overnight U.S.  markets were up by 0.63%.

 SGX Nifty at 9:00AM  was trading at 6077 with a gain of 23 points.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

19964.03

146.40

0.74

1.53

Copper

8046.50

-7.50

-0.09

0.02

Nifty

6039.2

37.35

0.62

1.48

Aluminum

2048.00

-0.50

-0.02

(2.36)

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2014.00

4.00

0.20

(0.02)

Dow Jones

13596.02

84.79

0.63

0.93

Nickel

17530.00

-70.00

-0.40

(0.31)

NASDAQ

3136.002

18.46

0.59

0.46

Lead

2295.00

10.00

0.44

(0.52)

S&P 500

1480.94

8.31

0.56

0.60

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6132.36

28.38

0.46

0.51

Gold

1688.70

1.15

0.07

1.56

CAC 40

3744.11

35.62

0.96

1.11

Silver

31.74

-0.01

-0.04

4.17

DAX

7735.46

44.33

0.58

0.35

NYMEX Crude Oil

95.23

-0.26

-0.27

1.78

Nikkei 225

10842.24

232.60

2.19

1.78

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23505.91

166.15

0.71

1.04

Infosys

52.13

0.80

1.56

18.61

Shanghai

2296.759

11.85

0.52

2.40

ICICI B

43.94

-0.41

-0.92

(1.57)

CSI 300

2568.704

15.95

0.62

3.44

Wipro

9.91

0.24

2.48

7.95

KOSPI

1981.64

7.37

0.37

(0.75)

Sterlite

8.58

0.01

0.12

(1.83)

Taiwan

7693.27

76.63

1.01

(1.61)

HDFCB

39.51

-0.13

-0.33

(2.15)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

30.72

0.79

2.64

0.20

SGX Nifty

6077

23.00

0.38

1.76

Tata Com

8.96

0.25

2.87

(1.86)

Dow Jones

13541

-1.00

(0.01)

0.80

DR.Reddy

35.42

0.14

0.40

2.07

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

54.10

-0.30

0.55

1.23

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

72.40

-0.26

0.35

0.29

SBI

94

2.80

3.07

0.27

INR-JPY X-RATE

1.66

0.00

0.00

(2.05)

RIL

32.76

1.06

3.34

5.00

BALTIC DRY INDEX

820

39.00

4.99

9.18775

L&T

28.39

-0.06

-0.21

(0.98)

SOURCE:BLOOMBERG

 

     EQUITY MOVERS:

  * Exide Industries 3Q profit 1.04b rupees, unchanged from yr earlier; est. 1.41b rupees.

  * Federal Bank 3Q net income 2.11b rupees vs 2.02b; est. 2.2b rupee.

  * Hero MotoCorp 3Q net income 4.88b rupees vs 6.13b; est.  5.93b.

 

OTHER NEWS:

  * Four Sensex cos. -- Wipro, Reliance Industries, ITC and HDFC  Bank -- are among those posting earnings today.

  * Reliance Industries 3Q profit 50.2b rupees, median of 27 analyst est. shows, from 44.4b rupees yr earlier.

  * ITC, India’s biggest cigarette producer, may say 3Q profit  rose to 19.9b rupees from 17b rupees yr earlier, according to median of

23 analyst est.

  * HDFC Bank 3Q profit expected at 18.5b rupees vs 14.3b rupees, median of 37 analyst est. shows.

  * Wipro’s 3Q net income 16.3b rupees vs 14.6b rupees, median of 37 analyst est. shows.

  * Congress party starts 3-day meeting to agree policy priorities less than 15 months before a general election.

  * India committed to stable tax regime, moderate tax rates, non-adversarial tax administration and fair mechanism for dispute resolution,

finance minister P. Chidambaram tells revenue dept officials of Brics nations in New Delhi.

  * State Trading Corp. invites bids to export 200,000 tons of wheat through Mundra port: website notice.

  * Oil India Ltd. to consider midyear dividend for 2012-13.

 

 

     EARNINGS:

  * Reliance Industries   - 3Q  Est. 50.2b rupees.

  * ITC                   - 3Q  Est. 19.9b rupees.

  * HDFC Bank             - 3Q  Est. 18.5b rupees.

  * Wipro                 - 3Q  Est. 16.3b rupees.

  * Hindustan Zinc        - 3Q  Est. 15.6b rupees.

  * IDBI Bank             - 3Q  Est. 5.22b rupees.

  * Ultratech Cement      - 3Q  Est. 5.20b rupees.

  * Mahindra Financial    - 3Q  Est. 2.09b rupees.

  * Mindtree              - 3Q  Est. 877.5m rupees.

  * Unichem Laboratories  - 3Q  Est. 351m rupees.

  * Mahindra & Mahindra Lifespace Developers, Finolex Industries, NIIT, Dolphin Offshore Enterprises, Blue Star.

 

     BOND SALES:

  * 3 p.m. India to sell 30b rupees of 8.07% 2017 bonds

  * 3 p.m. India to sell 60b rupees of 8.33% 2026 bonds

  * 3 p.m. India to sell 30b rupees of 8.97% 2030 bonds

 

     CONFERENCES/EVENTS:

  * 11:30 am: Mumbai. Indian Paint Association announces 26th Indian Paint Conference. Speakers include K.B.S. Anand, MD

of Asian Paints; H.M. Bharuka, MD of Kansai Nerolac Paints, and Abhijit Roy, MD of Berger Paints.

  * 11:30 am: New Delhi. Eberhard Kern, MD & CEO of Mercedes-Benz India, inaugurates India’s largest luxury car showroom.

  * 11:45 am: Mumbai. K.C. Chakrabarty, RBI deputy governor,  speaks on The Magical World of Mathematics - the Charm, Challenges and

Career Prospects at VES College of Arts, Science & Commerce.

  * 12:45 pm: New Delhi. NIIT Ltd. earnings press conference.

  * 1:45 pm: New Delhi. Asian Centre for Human Rights to release  report on NGO funding.

 

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020

 

--
CA. Rajesh Desai
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Rajesh Desai

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Jan 20, 2013, 11:11:04 PM1/20/13
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MARKETS

Asian Market is trading mixed as Hang Seng was up by 0.09% while Nikkei 225 was down by 0.85% and Chinese markets were up by 0.31%.

Asian stocks fell from a 17-month high and the yen rebounded from its lowest level since June 2010 as the Bank of Japan began a two-day

policy meeting. Silver advanced and oil declined. Overnight U.S.  markets were up by 0.39%. SGX Nifty at 9:00AM  was trading at 6089 with

 a gain of 13 points.

 

·         Reliance & ONGC  are the stocks to watch out for during the day’s trade.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

20039.04

75.01

0.38

1.91

Copper

8068.00

7.00

0.09

0.85

Nifty

6064.4

25.20

0.42

0.67

Aluminum

2048.50

6.50

0.32

(0.17)

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2034.00

-0.25

-0.01

1.90

Dow Jones

13649.7

53.68

0.39

1.20

Nickel

17595.00

45.00

0.26

1.97

NASDAQ

3134.705

-1.30

(0.04)

0.29

Lead

2304.00

3.00

0.13

0.30

S&P 500

1485.98

5.04

0.34

0.95

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6154.41

22.05

0.36

0.54

Gold

1689.50

5.20

0.31

0.57

CAC 40

3741.58

-2.53

(0.07)

0.96

Silver

31.97

0.10

0.31

1.55

DAX

7702.23

-33.23

(0.43)

(0.17)

NYMEX Crude Oil

95.21

-0.35

-0.37

1.14

Nikkei 225

10820.59

-92.71

(0.85)

0.18

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23623.95

22.17

0.09

0.90

Infosys

52.21

0.08

0.15

(0.02)

Shanghai

2324.366

7.30

0.31

0.55

ICICI B

44.15

0.21

0.48

(0.63)

CSI 300

2600.835

5.40

0.21

0.90

Wipro

9.2

-0.71

-7.16

(5.93)

KOSPI

1987

-0.85

(0.04)

(1.00)

Sterlite

8.55

-0.03

-0.35

(1.04)

Taiwan

7723.61

-9.26

(0.12)

(1.28)

HDFCB

39.59

0.08

0.20

(2.80)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

30.74

0.02

0.07

0.75

SGX Nifty

6089.5

13.50

0.22

0.38

Tata Com

8.82

-0.14

-1.56

1.26

Dow Jones

13586

10.00

0.07

1.14

DR.Reddy

35.75

0.33

0.93

2.67

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.71

-0.68

1.27

1.97

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

71.73

-0.92

1.28

1.21

SBI

96

2.00

2.13

2.13

INR-JPY X-RATE

1.67

-0.01

0.36

(1.74)

RIL

34.11

1.35

4.12

9.47

BALTIC DRY INDEX

837

17.00

2.07

10.1316

L&T

28.8

0.41

1.44

1.59

SOURCE:BLOOMBERG

 

EQUITY MOVERS:

  * Reliance Industries net income 55b rupees vs 44.4b last year:

  * IDBI 3Q net income at 4.17b rupees vs 4.1b a yr ago: filing. Trails 5.17b rupees analysts est.

  * Mindtree 3Q profit 988m rupees vs 606m a yr earlier: filing. Beats est. 869m rupees.

  * Tata Motors say LIC of India has cut its stake in co. to 5.24% on Jan.7 from 7.27% in May 6, 2008.

  * ONGC Videsh said it has struck oil in CPO-5 block in  Colombia, the company said in an e-mail statement. ONGC has 70 percent

participating interest in block and will undertake extended production testing in due course to test commercial viability of the oil find.

 

OTHER NEWS:

    * Rahul Gandhi, scion of the preeminent family in Indian politics, was appointed to the number two role in the governing Congress party

 on Jan. 19.

  * India will take about two years to completely deregulate the diesel prices, Oil Minister Veerappa Moily told reporters in Jaipur.

  * India’s Congress party president Sonia Gandhi said voters  are “rightly fed up” with corruption as she called on her party to do more to

tackle the problem before the general election.

  * India Aviation Minister Ajit Singh says Boeing liable to pay  compensation on 787 Dreamliner aircraft grounding. He said Air India to

go ahead with purchase of rest of 787 planes from Boeing.

  * India’s winter crop area totals 59.2 mln hectares Vs 59.1 mln a yr earlier, Agriculture Ministry says in e-mailed statement.

 

     EARNINGS:

  * Housing Development-

  Finance Corp.        - 3Q, Est. 11.6b rupees.

  * NTPC                 - 3Q, Est. 24.6b rupees.

  * Cairn India          - 3Q, Est. 30.5b rupees.

  * Asian Paints         - 3Q, Est. 3.15b rupees.

  * Raymond              - 3Q, Est. 585m rupees.

  * D.B. Corp            - 3Q, Est. 619.5m rupees.

  * Tata Elxsi, Welspun Corp, Praj Industries, Alembic

    Pharmaceuticals, Geometric, Zensar Technologies, Kajaria

    Ceramics

 

    

     CONFERENCES/EVENTS:

  * 11:30 am: Chennai. Prathap C. Reddy, chairman of Apollo  Hospitals Group to announce a strategic global partnership for a breakthrough

 in cancer treatment

  * 11:30 am: Ambassador of Spain in India Gustavo De Aristegul  and Antonio Elduque, CEO of Biosystems, Spain address at the  inauguration

of Biosystems Diagnostics manufacturing  facility

  * 2 pm: Navi Mumbai. Sudhakar Ram, CEO & MD of Mastek Ltd.  hold a press conference to announce 2Q financial results

  * 7 pm: Mumbai. The U.S. Consulate General and Namaste America organizes live telecast of U.S. president Barack Obama inaugural ceremony

and address from Washington.

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020

 

--
CA. Rajesh Desai
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Rajesh Desai

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Jan 21, 2013, 11:20:17 PM1/21/13
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MARKETS

Asian Market is trading mixed as Hang Seng was up by 0.28% while Nikkei 225 was down by 0.39% and Chinese markets were up by 0.09%.

 Asian stocks reversed earlier gains as utilities extended  their drop, led by Korea Gas Corp., and investors awaited  the outcome of a policy

 meeting by the Bank of Japan that concludes today. Overnight U.S.  markets were closed. SGX Nifty at 9:00AM  was trading at 6117 with

 a gain of 17 points.

 

*Anil Ambani's flagship company Reliance Communications (RCOM) is negotiating a network sharing deal with elder brother Mukesh's

 Reliance Industries that is slated to launch fourth generation (4G) services or high-end data services on mobiles this year.

 

MARKET STATS AT 8:00AM

Domestic Indices

Last Price

CH

% CH

% CH 5D

N-Ferrous Metals

Last Price

CH

% CH

% CH 5D

Sensex

20101.82

62.78

0.31

0.58

Copper

8115.25

60.25

0.75

1.52

Nifty

6082.3

17.90

0.30

0.42

Aluminum

2046.50

6.00

0.29

(0.27)

Global Indices

Last Price

CH

% CH

% CH 5D

Zinc

2044.50

12.25

0.60

2.48

Dow Jones

13649.7

53.68

0.39

1.20

Nickel

17505.00

105.00

0.60

0.03

NASDAQ

3134.705

-1.30

(0.04)

0.29

Lead

2309.00

8.50

0.37

0.74

S&P 500

1485.98

5.04

0.34

0.95

Bullion & Crude Oil

Last Price

CH

% CH

% CH 5D

FTSE 100

6180.98

26.57

0.43

1.20

Gold

1692.30

2.25

0.13

0.28

CAC 40

3763.03

21.45

0.57

1.48

Silver

32.00

-0.01

-0.03

0.78

DAX

7748.86

46.63

0.61

0.25

NYMEX Crude Oil

95.55

-0.01

-0.01

1.50

Nikkei 225

10705.53

-42.21

(0.39)

(1.60)

ADR/GDR

Last Price

CH

% CH

% CH 5D

Hang Seng

23656.78

65.87

0.28

1.18

Infosys

52.21

0.08

0.15

(0.02)

Shanghai

2326.251

-1.97

(0.08)

0.02

ICICI B

44.15

0.21

0.48

(0.63)

CSI 300

2613.208

2.31

0.09

0.67

Wipro

9.2

-0.71

-7.16

(5.93)

KOSPI

1991.45

4.59

0.23

0.39

Sterlite

8.55

-0.03

-0.35

(1.04)

Taiwan

7753.59

28.67

0.37

(0.15)

HDFCB

39.59

0.08

0.20

(2.80)

Indices Future

Last Price

CH

% CH

% CH 5D

Tata Mo

30.74

0.02

0.07

0.75

SGX Nifty

6117

17.00

0.28

0.61

Tata Com

8.82

-0.14

-1.56

1.26

Dow Jones

13594

18.00

0.13

1.20

DR.Reddy

35.75

0.33

0.93

2.67

Currencies & Freight

Last Price

CH

% CH

% CH 5D

MTNL

0.905

0.00

0.00

0.00

USD-INR X-RATE

53.50

-0.26

0.49

2.11

Patni

#N/A N/A

#N/A N/A

#N/A N/A

#N/A N/A

EUR-INR X-RATE

71.30

-0.21

0.30

2.22

SBI

96.2

0.20

0.21

2.67

INR-JPY X-RATE

1.67

0.00

(0.12)

(2.81)

RIL

34.49

0.38

1.11

10.12

BALTIC DRY INDEX

838

1.00

0.12

9.97375

L&T

29.25

0.45

1.56

2.27

SOURCE:BLOOMBERG

 

     ECONOMY:

• Eleven Indian states to sell 99.02b rupees of bonds

 

     EQUITY MOVERS:

• Adhunik Metaliks to start commercial operation of first unit of two 270mw thermal power plant: BSE filing.

• Asian Paints 3Q profit 3.35b rupees vs 2.57b a yr ago; beats Est. 3.15b rupees.

• Cairn India 3Q net income rose 48% to 33.4b rupees from 22.6b a yr earlier; Beats 30.7b Est.

• Gitanjali Gems board approves plan to raise $250M from sale of equity, raise borrowing limit to 100 billion rupees.

• Cairn India’s Bhagyam field development is slower than expected, chief executive officer P. Elango tells analysts in conference call.

• India’s Foreign Investment Promotion Board clears Ikea’s plan to invest in India, Commerce Minister Anand Sharma says instatement

 

    OTHER NEWS:

• Hindustan Unilever third-quarter net income may be 8.86b rupees from 7.54b a yr ago, median of 30 analyst estimates

shows.

• India’s finance minister P. Chidambaram to hold meetings with investors in Singapore, Hong Kong, Frankfurt and London starting

today, until Jan. 29.

• India raises import duty on gold and platinum to 6% from 4%,economic affairs secretary Arvind Mayaram says in New Delhi.

• India’s SEBI said to sell 176.61b rupees of debt permits to foreigners,

  * The Bank of Japan holds a policy meeting, with analysts expecting increased asset purchases and an inflation target.

 

     EARNINGS:

• Hindustan Unilever        - 3Q, Est. 8.86b rupees.

• Kotak Mahindra Bank Group - 3Q, Est. 5.35b rupees.

• Polaris Financial Techno. - 3Q, Est. 605m rupees.

• Dish TV India             - 3Q, Est. -256m rupees.

• Indiabulls Financial Services, Bank of Maharashtra, Indiabulls

Securities, Indiabulls Real Estate, Aptech, VST Industries, Tata

Sponge Iron, Andhra Pradesh Paper Mills

 

 

     CONFERENCES/EVENTS:

• 10 am: Mumbai. AIRIA organizes 7th India Rubber Expo and Tyre Show 2013 for three days on Jan. 22-24.

• 10:30 am: New Delhi. Abhijit Sen, member of planning commission of India will address ASSOCHAM conference on ‘Challenges

 Ahead for Agriculture’

• 11 am: New Delhi. A. Sakthivel, chairman of AEPC will address media at the opening of ‘50th India International Garment Fair’

• 11 am: India Ratings, a Fitch group company hosted webinar to discuss outlook 2013 for auto sector

• 11:30 am: Delhi. Max Bupa Health Insurance to launch it’s Online Product and New Sales and Service Platform

• 11:45 am: New Delhi. Bhupendra Kumar Modi, chairman of Spice Global will share a ‘Strategic Announcement’

• 12 pm: Mumbai. RBS Private Banking India will brief media on the market outlook and investment insights for India and Asia.

• 12:30 pm: Hyderabad. J. Geeta Reddy, minister for industries, sugar, commerce & export promotion of Andhra Pradesh will hold a

curtain raiser press conference on BioAsia 2013

• 4 pm: India Ratings, a Fitch group company will discuss outlook 2013 for steel & iron ore sector

• 1630. New Delhi. IDSA hosted a lecture by G.L. Peiris, minister for external affairs of Sri Lanka on ‘The Rise of Asia and Sri Lanka’s Role’.

 

SOURCE:BLOOMBERG

 

 

Regards,

 

Team Microsec Research

 

Description: Microsec

 

 

Microsec Capital Limited

Tel: 91 33 30512100

Fax: 91 33 30512020



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