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7/27/2019 STOCK IDEAS

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DemystifingDemystifingDemystifingDemystifingtheSTOCK MARKETS!STOCK MARKETS!STOCK MARKETS!STOCK MARKETS!www.theindianstocks.com

www.theindianstocks.com

Investors Date: 16.06.2010

Pre-Market Notes

Indian & Global Indices

I N D E X Last Close % Change

SENSEX 17412.83 +0.43

NIFTY 5222.35 +0.47

S&P 500 1115.23 +2.35

NASDAQ 2305.88 +2.76

DOW JONES 10404.77 +2.10

FTSE 5217.82 +0.30

DAX 6175.05 +0.82

CAC 40 3661.51 +0.98

NIKKEI 10054.57 +1.69

HANG SENG 20062.15 +0.05

Indian ADRs

ADR Last Close % Change

DR. REDDY 31.02 +1.84

ICICI BANK 37.88 +3.53

INFOSYS 62.60 +2.45

SATYAM 05.04 +0.20

WIPRO 22.19 +4.33

US Markets Brief

Stocks had run into resistance at their 200-day moving

average during the prior session, but this time the

broader market staged a strong, steady climb past

that key technical line to settle at a three-week high.

The tone to trade was positive for the entire session.

Initial strength was underpinned by continued support

for the euro, which was sent another 0.9% higher to

$1.234 following a successful debt offering from Spain

and Ireland. The success of that offering suggested

that even in the face of continued concerns about

tenuous fiscal conditions in Europe there is still an

appetite for risk.

Indian Market Summary

The key benchmark indices ended yesterdays session on

positive note tracking favoring cues from the global

markets. In global markets, the Asian markets opened inmix but advanced later on encouraging industrial

production data from Europe and ended on positive note.

On the other hand the European markets also opened on

a weak note but reversed initial losses to trade in positive.

Back home the market remained volatile as investors

turned cautious ahead of the result of the advanced

corporate tax yesterday. But the market trimmed all its

losses in the afternoon session as buying support lifted

the market to trade in positive. Further the good advance

tax numbers from Infosys, Bank of Baroda and HUL led to

buying interest at the final hour of the session to close itsday in high note for the fourth consecutive session.

Meanwhile in the sectoral front Realty, FMCG, PSU and

Metal lead the front while IT, Oil&Gas and Auto sectors

remained on sellers radar.

TOP Nifty Gainers & Losers

Company LTP % Change

RPOWER 177.50 5.69

SUZLONENERGY 57.30 4.75REL COM 186.80 4.30

BHARAT PETRO 530.60 -5.78

O N G C 1166.40 -2.56

TCS 766.10 -1.91


2/7


MACRO

Inflation, measured by the wholesale price index (WPI), has entered the double-digit zone, raising the

possibilities of further monetary tightening by the Reserve Bank of India (RBI). The numbers released

estimated inflation at 10.16 per cent for May, compared with 1.38 per cent in the year-ago period, driven by

higher fuel and primary article prices. In April, inflation was estimated at 9.59 per cent. The rate for the

manufactured category also registered a significant spurt in May, raising concerns of rising core inflation.Core inflation is a measure of inflation excluding food and fuel.

COMPANY

Tata Consultancy Services(TCS), a leading IT services, business solutions and outsourcing firm and Xynteo, a

strategic advisory firm specializing in low-carbon growth, announced a collaboration to jointly create

solutions for a low -carbon economy. These solutions will be initially built and deployed in the Nordic

market. The partnership will look at find new ways to help companies increase productivity while reducing

CO2 emissions along their entire value chains right through to the final consumer.

NIIT and Fouriers Systems have entered into alliance to make Mobile Science Lab available to students in

India. Mobile Science Lab is a portable laboratory that revolutionizes the way science is taught and learnt.

Sanjiv R Pande, president, School Learning Solutions, NIIT commented, `` Mobile Science Lab is a break

through initiative that aims at redefining the teaching and learning of science.We are confident that it will

bring alive the crucial subject of science in our classrooms and help de stress the learning ecosystem in

schools.``

DQ Entertainment International signed an exclusive broadcasting agreement with Sun TV Network, one of

India's largest media conglomerates, for the provision of animated content. Under the terms of agreement,

DQ Entertainment will provide hundred and seventeen half-hours of international animated programmes to

Sun TV Network. Sun TV has the rights to broadcast these programmes in four languages including Tamil,

Telugu, Kannada and Malayalam across its extensive network in India, Sri Lanka and many other countries

with Indian diaspora.

Tata Communications and BT announced an agreement and associated customer trials for the industry's first

commercial service to allow customers on either of their existing video exchanges to establish conferences

with the customers on the other's video exchange. The collaboration will provide each organisation with

open access to a much broader network of businesses. This represents a major step towards open,

ubiquitous connectivity between Telepresence endpoints, regardless of their parent network. The service

will help enable telepresence users to reach more partners, suppliers, customers and prospects at public and

private end-points and will facilitate globally distributed, real time face-to-face virtual conference meetings

that drive greater value to the collaborating businesses.

Indian energy major Reliance Industries will invest $3 billion to expand its petrochemicals unit in westernGujarat state, a financial newspaper reported on Tuesday. Reliance will build a two-million-tonne chemical

plant in Jamnagar that will use gas from its refining operations as feedstock, the newspaper said, citing a

person familiar with the plan. We have already secured the technology to use the gas as feedstock and work

on the plant is going to begin this year," the paper quoted the source as saying. Officials at Reliance

Industries could not immediately be reached by Reuters for comment.

Econom & Com an News


3/7


7 Days Trailing NSE Gainers

Company Latest Close Compared To Absolute Change % Change

RPOWER 177.50 152.25 25.25 16.58

RELIANCE CAP 737.85 662.90 74.95 11.31

RELIANCE ENR 1183.60 1068.75 114.85 10.75

REL COM 186.80 170.20 16.60 9.75

HINDALCO 144.75 132.95 11.80 8.88

WIPRO 408.20 377.58 30.62 8.11

7 Days Trailing NSE LosersCompany Latest Close Compared To Absolute Change % Change

BHARAT PETRO 530.60 552.75 -22.15 -4.01

O N G C 1166.40 1190.30 -23.90 -2.01

BHARTI TELE 269.55 272.05 -2.50 -0.92

NATION ALUM 420.45 420.90 -0.45 -0.11

30 Days Trailing NSE Gainers


REL COM 186.80 141.70 45.10 31.83

RPOWER 177.50 142.55 34.95 24.52

RELIANCE ENR 1183.60 997.60 186.00 18.64

O N G C 1166.40 1027.00 139.40 13.57

GUJ AMB CEME 115.75 105.45 10.30 9.77HERO HONDA 2027.95 1849.20 178.75 9.67

30 Days Trailing NSE Losers


GRASIM IND 1796.25 2601.80 -805.55 -30.96

HINDALCO 144.75 163.85 -19.10 -11.66

SUZLONENERGY 57.30 64.60 -7.30 -11.30

TATA STEEL 491.90 536.35 -44.45 -8.29

UNITECH P 70.60 76.85 -6.25 -8.13

DLF LTD 272.50 287.05 -14.55 -5.07

Aggregate Stock Gainers / Losers


4/7


Lower 2 Lower 1 Axis Higher 1 Higher 2

BANK NIFTY 8969.89 9247.95 9526.01 9804.07 10082.13

RELIANCE 1002.06 1033.12 1064.18 1095.25 1126.31

RCOM 175.20 180.63 186.06 191.49 196.92

RELCAPITAL 692.97 714.45 735.93 757.41 778.89

REL 1112.67 1147.16 1181.65 1216.15 1250.64

LT 1621.12 1671.37 1721.63 1771.88 1822.13

STER 635.26 654.95 674.64 694.34 714.03

ICICIBANK 804.98 829.93 854.88 879.84 904.79

SBIN 2217.22 2285.96 2354.69 2423.42 2492.15

TATASTEEL 461.26 475.55 489.85 504.15 518.45

RNRL 62.26 64.19 66.12 68.05 69.98

RELPETRO 1187.75 1224.57 1261.38 1298.20 1335.02

INFOSYSTCH 2576.42 2656.28 2736.15 2816.02 2895.88

BHEL 2256.65 2326.60 2396.56 2466.51 2536.46

ONGC 1105.34 1139.60 1173.87 1208.13 1242.40

ACC 825.35 850.93 876.52 902.10 927.69

PUNJLLOYD 113.78 117.31 120.84 124.37 127.89

HDFCBANK 1850.43 1907.79 1965.15 2022.51 2079.87

MARUTI 1265.49 1304.72 1343.95 1383.18 1422.41

AXISBANK 1171.31 1207.62 1243.93 1280.24 1316.55

DLF 254.22 262.10 269.98 277.86 285.74

HDIL 229.09 236.19 243.30 250.40 257.50

IBREALEST 140.90 145.27 149.63 154.00 158.37

NIFTY 4908.36 5060.51 5212.67 5364.82 5516.97

Most Active Stocks PIVOT

Index Resistance & Support

For the Sensex, immediate resistances are at 17492, 17619 and 17746. Supports are at 16365, 17239 and 17112. For

the Nifty immediate resistances are at 5245, 5283 and 5321. Supports are at 5207, 5169 and 5131.

Bullish on Short Term

ITC TAKE DELIVERY FOR BTST/T+2 WITH TARGETS OF 294-299-303 SL 286

RELINFRA TAKE DELIVERY FOR BTST/T+2 WITH TARGETS OF 1199-1208-1217 SL 1172


5/7


TCS

Tata Consultancy Services Ltd has announced that Tata Consultancy Services and Xynteo to collaborate on solutions

for a low-carbon economy. Tata Consultancy Services, a leading IT services, business solutions and outsourcing firm

and Xynteo, a strategic advisory firm specializing in low-carbon growth, announced a collaboration to jointly create

solutions for a low -carbon economy. These solutions will be initially built and deployed in the Nordic market.

The partnership will look at find new ways to help companies increase productivity while reducing CO2 emissions

along their entire value chains right through to the final consumer. "We recognize the need for collaboration to

create solutions for our customers that address the challenge of global climate challenge by leveraging technology.

With its valuable expertise in low-carbon growth solutions, Xynto fits in well as a value partner for TCS. said A S

Lakshminarayanan, Vice President & head of TCS Europe.

The low-carbon economy will depend to a large extent on the worlds ability to deploy IT to decarbonise the way

people work and live. By driving energy efficiency and enabling the replacement of high-carbon goods and serviceswith virtual technology, IT could save up to an estimated 15% of total global greenhouse gas emissions by 2020,

additionally saving 600 billion in the process.

Dr Osvald Bjelland, the Chairman of Xynto, added: As the low-carbon economy takes shape, carbon-efficiency will

become more and more central to competitive advantage. Smart IT could deliver significant emissions reductions for

individual businesses and thus the global economy as a whole. As a world leader in IT solutions, TCS has a potentially

pivotal role to play in making this change a reality. Accumulate.

Good Develo ments for Deliver


6/7


Put Call Ratio

Symbol Expiry Date Put Call Ratio

INDIANB 24-Jun-10 19800 2200 9.00

HDFCBANK 24-Jun-10 109800 18800 5.84

GODREJIND 24-Jun-10 19500 3900 5.00

STER 24-Jun-10 1011342 393324 2.57

BANKNIFTY 24-Jun-10 213475 87525 2.44

MARUTI 29-Jul-10 3250 1500 2.17

M&M 29-Jul-10 500 250 2.00

AREVAT&D 24-Jun-10 1153500 609750 1.89

NIFTY 24-Jun-10 67894350 37250800 1.82

TATAMOTORS 29-Jul-10 118000 67000 1.76

SBIN 24-Jun-10 783816 485760 1.61

HEROHONDA 24-Jun-10 6800 4400 1.55

IBREALEST 29-Jul-10 6000 4000 1.50

ABB 24-Jun-10 58500 39000 1.50

NIFTY 29-Jul-10 15513100 10421150 1.49

MINIFTY 24-Jun-10 22940 16760 1.37

Derivatives Notes

Markets moved up further as the Nifty managed

to close above 5200. The Nifty had initially dipped

into negative territory in the morning session

before witnessing a smart recovery post noon.

The Nifty June Fut finally closed 21.7pts or 0.42%

higher at 5226.50. The Nifty June Fut premium

narrowed to 4.15pts from 7.3pts on Monday.

The biggest gainers in the F&O segment were

RNRL, Rel Media, HDIL, RPower and BGR Energy.

The biggest losers were HPCL, BPCL, Indian Oil

and Patni. The most active stock fut contracts (In

terms of value) were of RNRL, Tata Motors, R

Power, Reliance and Tata Steel.

Institutional Investment Trends (in Crores) June 15Buy Sell OIEoD

Index Futures 2810.68 1494.61 14062.80

Index Options 6109.95 5609.19 50924.69

Stock Futures 1905.15 1924.33 28486.95

Stock Options 292.89 276.54 1366.12


7/7


For any queries, EMAIL US: [email protected].

Dividend & Other Information

Mandhana Industries Limitedhas informed the Exchange that the Board of Directors of the Company at its meeting

held on June 15, 2010, have recommended a Final Dividend of Rs.0.75 per equity share of Rs. 10/- for the year 2009-

10, subject to approval of the members at the ensuing Annual General Meeting of the Company.

Bimetal Bearings Limited has informed the Exchange that the Board of Directors of the Company have

recommended a dividend of Rs.8/- per share (i.e. 80%) for the year ended 31st March 2010. (Source MSE).

Gokul Refoils And Solvent Limitedhas informed the Exchange that the Board of Directors of the Company at their

meeting held on June 14, 2010 have recommended the dividend of Rs.0.30 per share on face value of Rs.2 per share,

subject to approval of members at ensuing Annual General Meeting.

Union Bank Of Indiahas informed the Exchange that the date of payment of dividend for the year 2009-10 has been

finalized as July 09, 2010. The dividend warrants payable at par at all the branches of Union Bank of India shall be

dispatched immediately after the Annual General Meeting but before the date fixed for payment of dividend as

above.

Page Industries Limitedhas informed the Exchange that the Board of Directors of the Company at its meeting held

June 14, 2010 has declared payment of Interim Dividend of Rs.10 per share on an equity share value of Rs.10 each.

Disclaimer:This material is for your private information, and we are not soliciting any action based upon it. Transactions involving stocks and

derivatives give rise to substantial risk and are not suitable for all investors. The material is based upon information that we consider reliable,

but we do not represent that it is accurate or complete, and it should not be relied upon as such.

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