MORNING NOTE Apr 10, 2013
Rajesh Desai
MARKETS
Asian Market is trading higher as Hang Seng was up by 0.30% while Nikkei 225 was up by 0.73% and Chinese markets were
down by 0.16 %.Asian stocks climbed, pushing the benchmark equities gauge higher for a third day, as the yen weakened and
investors awaited China trade data and minutes of a Federal Reserve policy meeting. South Korea’s shares and the won
advanced, while oil slid from an almost one-week high. Overnight U.S. markets were up by 0.41%. SGX Nifty at 8:00AM was
trading at 5527 with a gain of 32 points.
MARKET STATS AT 8:00AM
Domestic Indices | Last Price | CH | % CH | % CH 5D | N-Ferrous Metals | Last Price | CH | % CH | % CH 5D |
Sensex | 18226.48 |
-211.30 |
(1.15) | (4.28) |
Copper |
7594.00 |
-36.00 |
-0.47 |
2.79 |
|
Nifty |
5495.1 |
-47.85 |
(0.86) | (3.13) |
Aluminium |
1915.00 |
-4.00 |
-0.21 |
2.30 |
|
Global Indices |
Last Price |
CH |
% CH |
% CH 5D |
Zinc |
1917.00 |
-3.75 |
-0.20 |
3.18 |
|
Dow Jones |
14673.46 |
59.98 |
0.41 |
0.08 |
Nickel |
16240.00 |
35.00 |
0.22 |
0.84 |
|
NASDAQ |
3237.858 |
15.61 |
0.48 |
(0.52) | Lead |
2086.50 |
-3.50 |
-0.17 |
1.78 |
|
S&P 500 |
1568.61 |
5.54 |
0.35 |
(0.10) |
Bullion & Crude Oil |
Last Price |
CH |
% CH |
% CH 5D |
|
FTSE 100 |
6313.21 |
36.27 |
0.58 |
(2.73) | Gold |
1587.41 |
2.06 |
0.13 |
1.89 |
|
CAC 40 |
3670.72 |
3.94 |
0.11 |
(3.54) | Silver |
27.96 |
-0.03 |
-0.11 |
3.56 |
|
DAX |
7637.51 |
-25.13 |
(0.33) | (3.86) |
NYMEX Crude Oil |
93.87 |
-0.33 |
-0.35 |
(0.61) |
Nikkei 225 | 13289.3 |
96.95 |
0.73 |
7.50 |
ADR/GDR |
Last Price |
CH |
% CH |
% CH 5D |
|
Hang Seng |
21934.9 |
64.56 |
0.30 |
(1.94) | Infosys |
51.48 |
-0.32 |
-0.62 |
(5.04) |
Shanghai | 2222.143 |
-3.63 |
(0.16) | (0.55) |
ICICI B |
39.44 |
0.46 |
1.18 |
(6.50) |
CSI 300 | 2480.122 |
-9.31 |
(0.37) | (0.52) |
Wipro |
8.76 |
0.05 |
0.53 |
(4.36) |
KOSPI | 1936.85 |
16.11 |
0.84 |
(2.96) | Sterlite |
6.55 |
0.15 |
2.34 |
(4.80) |
Taiwan | 7755.07 |
26.53 |
0.34 |
(1.83) | HDFCB |
36.4 |
0.01 |
0.03 |
(3.04) |
Indices Future |
Last Price |
CH |
% CH |
% CH 5D |
Tata Mo |
24.36 |
0.48 |
2.01 |
(0.85) |
SGX Nifty | 5527.5 |
32.50 |
0.59 |
(2.52) | Tata Com |
8.11 |
-0.05 |
-0.61 |
(2.41) |
Dow Jones | 14605 |
-5.00 |
(0.03) | 0.81 |
DR.Reddy |
35.05 |
0.05 |
0.14 |
3.61 |
|
Currencies & Freight |
Last Price |
CH |
% CH |
% CH 5D |
MTNL |
#N/A N/A |
#N/A N/A |
#N/A N/A |
#N/A N/A |
|
USD-INR X-RATE |
54.59 |
0.01 |
(0.02) | (0.58) |
Patni |
#N/A N/A |
#N/A N/A |
#N/A N/A |
#N/A N/A |
|
EUR-INR X-RATE |
71.19 |
0.09 |
(0.13) | (2.15) |
SBI |
74 |
-1.20 |
-1.60 |
(9.09) |
INR-JPY X-RATE | 1.81 |
-0.01 |
0.44 |
(6.01) | RIL |
28.3 |
-0.12 |
-0.42 |
(2.11) |
BALTIC DRY INDEX | 856 |
-2.00 |
(0.23) | -4.46429 |
L&T |
23.92 |
0.07 |
0.29 |
(8.49) |
SOURCE: BLOOMBERG
ECONOMY:
* 10:15am: Release of India export, import data for March
* 10:30am: India local car sales for March
EQUITY MOVERS:
* Tata Consultancy Services to acquire Alti SA, an IT services co. in France, for 75m euros.
* United Spirits shrs open offer by Diageo at 1,440 rupees starts today, closes on April 26.
* Dr. Reddy’s Laboratories announced relocation of North American headquarters and establishment of an R&D center in
Princeton, NJ, USA.
* UB Holdings’s free stake in Mangalore Chemicals falls to 3.44% from 24.51%.
OTHER NEWS:
* Prime Minister Manmohan Singh visits Germany for three days along with his members starting today for the second joint
German-Indian Cabinet consultations
* India’s SEBI summons Sahara Chairman Subrata Roy Sahara and three others on April 10: SEBI website
* Linde to build major plant complex for Reliance Industries’ plants in Jamnagar, India
* Indian govt buys 1.4m tons of wheat from farmers since April 1 out of the 1.6m tons arrived in market: statement
* United Spirits’ shrs tendering in open offer by Diageo starts today
EARNINGS:
* Reliance Industrial Infrastructure - 4Q & FY13
BOND SALES:
* 3pm: India to sell 50b rupees of 91-day bills
* 3pm: India to sell 50b rupees of 182-day bills
CONFERENCES/EVENTS:
* 9:30am: New Delhi. CII and Australian Trade Commission organizes “Sports Management Capacity Building Workshop”
* 10:00am: New Delhi. Sudhir Bhargava, special secretary in petroleum ministry, will be at a seminar on “Energy Conservation
Opportunities Through Standards & Labeling Program”
* 10:30am: New Delhi. S. Sandilya, president of SIAM, to brief the industry numbers for FY13 and the year-ahead projections
* 10:30am: New Delhi. Margaret Alva, governor of Rajasthan and Zarin Daruwala, president of ICICI Bank, speak at “YFLOTitan
Young Women Achievers Award 2012-2013”
* 10:45am: New Delhi. Jyotiraditya M. Scindia, minister of state for power, to speak at conference on “Restructuring Debts of
DISCOMS” for sustainable power growth.
* 11am: New Delhi. Montek Singh Ahluwalia, deputy chairman of Planning Commission of India, will address a session on “The Rise
of the South: Prospects for India”
* 11am: New Delhi. Sean Tompkins, global CEO of RICS, and Atul Chauhan, chancellor of Amity University, to launch “India’s
first School of Built Environment”
* 11:30am: Mumbai. Mahindra Reva and Vodafone Business Services to announce a strategic technology partnership for
Mahindra Reva’s “e2o”
* 12:15pm: Hyderabad. Som Mittal, president of NASSCOM, holds a press conference on “NASSCOM 10,000 Startup Program”
* 3:30pm: New Delhi. Virbhadra Singh, CM of Himachal Pradesh,to meet Montek Singh Ahluwalia, deputy chairman of Planning
Commission, for finalizing state annual plan 2013-14
* 4pm: Bangalore. BCIC organizes a session on “Authorized Economic Operator”
* 4:30pm: New Delhi. Shashi Tharoor, minister of state for HRD, will be chief guest at the book launch of “The Homing Pigeons” by Sid Bahri
SOURCE: BLOOMBERG
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
--
CA. Rajesh Desai