MARKETS
Asian Market is trading higher as Hang Seng was up by 0.59% while Nikkei 225 was up by 1.66% and Chinese markets up by 0.88%. Asian stocks rose, with the regional benchmark index headed for its highest close in a month, after China’s economic growth in the third quarter matched economists’ estimates and U.S. housing starts jumped. Overnight U.S. markets were up by 0.04percent. SGX Nifty at 8:00AM was trading at 5691 with a gain of 30 points .
MARKET STATS AT 8:00AM
Domestic Indices | Last Price | CH | % CH | % CH 5D | N-Ferrous Metals | Last Price | CH | % CH | % CH 5D |
Sensex | 18610.77 |
33.07 |
0.18 |
(0.11) | Copper |
8229.75 |
9.75 |
0.12 |
(0.12) |
Nifty | 5660.25 |
12.25 |
0.22 |
(0.84) | Aluminum |
2000.75 |
11.75 |
0.59 |
(0.76) |
Global Indices |
Last Price |
CH |
% CH |
% CH 5D |
Zinc |
1933.00 |
12.00 |
0.62 |
(1.73) |
Dow Jones | 13557 |
5.22 |
0.04 |
1.59 |
Nickel |
17255.00 |
75.00 |
0.44 |
(2.65) |
NASDAQ | 3104.124 |
2.95 |
0.10 |
1.72 |
Lead |
2172.00 |
13.00 |
0.60 |
(0.55) |
S&P 500 | 1460.91 |
5.99 |
0.41 |
1.98 |
Bullion & Crude Oil |
Last Price |
CH |
% CH |
% CH 5D |
FTSE 100 |
5910.91 |
40.37 |
0.69 |
2.32 |
Gold |
1750.28 |
0.13 |
0.01 |
(0.97) |
CAC 40 | 3527.5 |
26.56 |
0.76 |
4.80 |
Silver |
33.20 |
-0.02 |
-0.08 |
(2.33) |
DAX | 7394.55 |
18.28 |
0.25 |
2.63 |
NYMEX Crude Oil |
92.14 |
0.02 |
0.02 |
0.08 |
Nikkei 225 |
8952.68 |
146.13 |
1.66 |
4.75 |
ADR/GDR |
Last Price |
CH |
% CH |
% CH 5D |
Hang Seng |
21543.81 |
127.17 |
0.59 |
2.59 |
Infosys |
44.13 |
-0.44 |
-0.99 |
(5.85) |
Shanghai | 2124.205 |
18.59 |
0.88 |
1.01 |
ICICI B |
40.16 |
0.25 |
0.63 |
1.26 |
CSI 300 |
2322.493 |
21.69 |
0.94 |
0.87 |
Wipro |
8.49 |
-0.03 |
-0.35 |
(1.16) |
KOSPI | 1957.59 |
2.44 |
0.12 |
1.27 |
Sterlite |
7.72 |
0.06 |
0.78 |
1.71 |
Taiwan |
7457.57 |
-6.83 |
(0.09) | 0.08 |
HDFCB |
37.3 |
-0.18 |
-0.48 |
(0.51) |
Indices Future |
Last Price |
CH |
% CH |
% CH 5D |
Tata Mo |
25.36 |
0.15 |
0.60 |
0.04 |
SGX Nifty |
5691.5 |
30.50 |
0.54 |
(0.99) | Tata Com |
9.49 |
0.05 |
0.53 |
2.04 |
Dow Jones |
13493 |
4.00 |
0.03 |
1.72 |
DR.Reddy |
32.17 |
0.03 |
0.09 |
1.20 |
Currencies & Freight |
Last Price |
CH |
% CH |
% CH 5D |
MTNL |
1.05 |
-0.01 |
-0.94 |
(1.87) |
USD-INR X-RATE | 52.88 |
-0.01 |
0.01 |
0.34 |
Patni |
19.52 |
0.00 |
0.00 |
0.00 |
EUR-INR X-RATE |
69.40 |
0.58 |
(0.83) | (1.58) |
SBI |
84.9 |
-0.25 |
-0.29 |
(0.06) |
INR-JPY X-RATE | 1.50 |
0.01 |
(0.53) | (1.00) |
RIL |
30.75 |
-0.45 |
-1.44 |
(1.13) |
BALTIC DRY INDEX | 999 |
18.00 |
1.83 |
14.17143 |
L&T |
31 |
0.53 |
1.74 |
0.85 |
SOURCE:BLOOMBERG
EQUITY MOVERS:
* Indian Oil Corp., the nation’s largest refiner, plans to shut a catalytic reforming unit at its Barauni plant and a diesel hydrodesulfurizer
at its Haldia facility in November and December.
* IL&FS Transportation Networks Ltd. got a loan of 3.96b rupees. The co. also got a contract from the National Highways Authority of India.
* Mahindra & *Mahindra Financial Services Ltd. picked three banks including Citigroup Inc. and JM Financial Services Pvt. to manage a share sale to
Institutions.
* MOIL Ltd. 1H profit -3.69 percent from yr earlier.
* Oil India Ltd., the nation’s second-largest state oil explorer, selected Citigroup Inc., Kotak Mahindra Capital Co. and HSBC Holdings Plc
to manage a 10% stake sale.
* Rallis India Ltd. 2Q profit 656.7m rupees vs 618.7m rupees.
OTHER NEWS:
* Mumbai-based HDFC, as the co. is known, may keep rates at 10.25% for credit of less than 3m rupees ($56,866), Keki Mistry,
CEO, said in an interview. State Bank of India, the nation’s largest lender, offers home loans at 10%.
* Profit at ACC may gain to 2.94b rupees in 3Q ended Sept. 30 from 1.68b rupees a yr earlier.
* Hindustan Zinc likely to report profit of 13.7b rupees in 2Q vs 13.4b rupees, median of 29 analyst estimates shows.
* Mphasis, Piramal Enterprises to be excluded from NSE F&O list with effect from Dec. 28, NSE says in statement.
* India and Australia agreed to begin civil nuclear trade
talks for the first time, opening a new chapter of cooperation between the two nations.
EARNINGS:
* ACC - 3Q, Est. 2.94b rupees.
* ACC Group - 3Q, Est. 3.19b rupees.
* Ambuja Cements - 3Q, Est. 3.40b rupees.
* Hindustan Zinc - 2Q, Est. 13.7b rupees.
* Praj Industries - 2Q, Est. 160m rupees.
* Mahindra Lifespace - 2Q, Est. 285m rupees.
* D.B. Corp - 2Q, Est. 461m rupees.
* Dish TV Group - 2Q. Est. -181m rupees.
* VST Industries - 2Q, Est. 361m rupees.
* Talwalkars Better Value - 2Q, Est. 118m rupees.
* Tata Elxsi, Gujarat NRE Coke, Zee News, Kirloskar Brothers, Motilal Oswal Financial Services, Honeywell Automation India
BULK DEALS:
* Franklin Templeton Mutual Fund sells 1.88m TV18 shrs at 27.50 rupees each, National Stock Exchange of India Ltd.
says on website. SBI Life Insurance Co. bought 3.06m TV18 Broadcast shrs at 27.50 rupees each.
CONFERENCES/EVENTS:
* 10 am: New Delhi. FICCI organizes TURF 2012, the 4th global sports summit on business of sports on Oct. 18-19.
* 10 am: New Delhi. The UN Information Centre announces launch of South and South-West Asia Development Report, 2012-13 by
Noeleen Heyzer, executive secretary of UN-ESCAP.
* 10 am: New Delhi. Malaysian Minister for Agriculture Datuk Seri Noh Bin Omar meets India’s Food Minister K.V. Thomas.
* 10 am: New Delhi. Abhijit Sen, member of the Planning Commission, addresses a CII Symposium on India-ASEAN Export Potential to
Agriculture Products.
* 10:15 am: Mumbai. Hans Juergen Kalmbach, vice-president- international of Delta Faucet Co., will share its India strategy and growth plans.
* 11 am: New Delhi. Kapil Sibal, HRD minister, inaugurates the National Nursery and Landscape Expo 2012.
* 11 am: New Delhi. K.V. Thomas, food minister, is chief guest at ASSOCHAM seminar on Inter-State Trade Barriers.
* 11:15 am: Mumbai. UBM India organizes Index Trade Fairs 201 for interiors industry from Oct. 18 to 21.
* 12 pm: New Delhi. Montek Singh Ahluwalia, deputy chairman of Planning Commission, and Jairam Ramesh, rural development minister,
to address presser on rural development in 12th Five Year Plan.
* 12 pm: Chennai. T. Chitty Babu, chairman and CEO of Akshaya Pvt., announces the launch of tallest building in Tamil Nadu.
* 12:30 pm: New Delhi. Bhupendra Kumar Modi, chairman of Spice Group, to make strategic business announcement.
SOURCE:BLOOMBERG
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020