NSE, Bulk deals, 07-Jun-2012

Date	Symbol	Security Name	Client Name	Buy / Sell	Quantity Traded	Trade Price / Wght. Avg. Price	Remarks
07-Jun-2012	AANJANEYA	Aanjaneya Lifecare Ltd	JHELUM HOLDING PRIVATE LIMITED	SELL	72,108	506.98	-
07-Jun-2012	JISLDVREQS	Jain DVR Equity Shares	SMALL CAP WORLD FND INC	SELL	2,46,871	35.62	-
07-Jun-2012	JISLJALEQS	Jain Irrigation Systems L	FUNDAMENTAL INVESTORS INC	SELL	44,16,577	74.20	-
07-Jun-2012	JISLJALEQS	Jain Irrigation Systems L	MACQUARIE BANK LIMITED	BUY	44,16,577	74.20	-
07-Jun-2012	JKIL	J.Kumar Infraprojects Lim	AASHIRWAD VINCOM PRIVATE LIMITED	SELL	3,00,000	160.50	-
07-Jun-2012	JKIL	J.Kumar Infraprojects Lim	M/S MENTOR CAPITAL LIMITED	BUY	3,00,000	160.50	-
07-Jun-2012	LITL	Lanco Infratech Limited	SUNTECK WEALTHMAX CAPITAL PRIVATE LIMITED	BUY	155,68,036	13.27	-
07-Jun-2012	LITL	Lanco Infratech Limited	SUNTECK WEALTHMAX CAPITAL PRIVATE LIMITED	SELL	160,49,644	13.28	-

BSE, Bulk deals, 7/6/2012

Deal Date	Scrip Code	Company	Client Name	Deal Type *	Quantity	Price **
7/6/2012	503675	Agarwal Hold	SARSWATI VINCOM LIMITED	B	250000	57.74
7/6/2012	521097	Amarjothi Spin	PREMCHANDER R .	B	607500	46.90
7/6/2012	521097	Amarjothi Spin	AMARJOTHI COLOUR	S	607500	46.90
7/6/2012	521131	Anjani Dham Inds	MALAY CORPORATE SERVICES PVT LTD	B	77080	9.94
7/6/2012	533270	Bedmutha Inds	CERDO SECURITIES PRIVATE LIMITED	S	120224	14.95
7/6/2012	531648	Croitre Inds	SHOBHA ASHOK JAIN	S	35000	108.12
7/6/2012	512135	Ensa Steel	VISHAL MUKESH KUMAR SHAH	B	28200	14.68
7/6/2012	512135	Ensa Steel	DHARMDIPSINH NARENDRASINH PARMAR	S	27000	14.68
7/6/2012	531820	Finalysis Cred	ESSEMM FINCAP LIMITED	S	40000	63.13
7/6/2012	531601	GCV SERV	JATIN NANJI CHHEDA	B	784101	0.66
7/6/2012	531601	GCV SERV	VIPUL BHAGWANDAS SHAH	B	900000	0.66
7/6/2012	531601	GCV SERV	SAURABH CHANDRAKANT NAGARSHETH	B	900000	0.66
7/6/2012	531601	GCV SERV	SARSWATI VINCOM LIMITED	S	2627600	0.66
7/6/2012	530579	Golden Sec	RAPID CREDIT & HOLDINGS PRIVATE LIMITED	B	185000	26.89
7/6/2012	514312	Jaihind Syn	PARESH DHIRAJLAL SHAH	B	24000	14.60
7/6/2012	514312	Jaihind Syn	PRARTHANA TARUNKUMAR BRAHMBHATT	B	24000	14.70
7/6/2012	514312	Jaihind Syn	TARUNKUMAR GURUCHARAN BRAHMBHATT	B	50000	14.56
7/6/2012	512129	Jayant Merc	KOMAL SAGAR	B	150000	3.07
7/6/2012	512129	Jayant Merc	LAXMAN KUMAR SAGAR	B	119900	3.07
7/6/2012	512129	Jayant Merc	LAXMIDEVI GOPIKUMAR SINGHANIA	S	300000	3.08
7/6/2012	526067	KCCL Plastic	SARSWATI VINCOM LIMITED	B	100419	79.95
7/6/2012	530273	Liberty Phos	LIBERTY URVARAK LIMITED	B	233050	84.70
7/6/2012	530273	Liberty Phos	ANISHA R. DHANANI	S	200000	84.70
7/6/2012	517534	Nivyah Infra	JIGAR PRAFUL GHOGHARI	S	125083	5.48
7/6/2012	523628	PODDARDEV	RASHMI	B	40000	91.30
7/6/2012	523628	PODDARDEV	FALCON BROKERAGE PVT LTD PMS ACCOUNT	S	60000	91.30
7/6/2012	531207	Raymed Labs	SUNDEEP CREDITS PVT LTD	B	40000	27.40
7/6/2012	526753	Roselabs Inds	NAMDEO SHANTARAM GOLE	S	118600	14.50
7/6/2012	531886	SCOPE IND	SURESH KUMAR REDDY YALLA	S	67463	9.95
7/6/2012	511754	Shalibhadra Fin	SANJAY BABULAL PANDYA	B	60000	58.18
7/6/2012	511754	Shalibhadra Fin	JIGNESHKUMAR HARSHVADAN GANDHI	S	59800	58.18
7/6/2012	531695	SHREYCHEM	ARSENAL FINSTOCK SERVICES PRIVATE LIMITED	B	42422	60.34
7/6/2012	531695	SHREYCHEM	VORA BHAVIK PRAFULCHANDRA	B	52000	56.20
7/6/2012	531695	SHREYCHEM	ARSENAL FINSTOCK SERVICES PRIVATE LIMITED	S	43118	58.98
7/6/2012	531695	SHREYCHEM	VORA BHAVIK PRAFULCHANDRA	S	52000	60.86
7/6/2012	513515	SR Inds	DINESH CHAND GARG(HUF)	B	77000	3.98
7/6/2012	513515	SR Inds	AVN STOCK AND SECURITIES BROKER PRIVATE LIMITED	S	78005	3.97
7/6/2012	532390	TajGVK Hotels	ALTAVISTA CAPITAL INDIA FUND LIMITED	B	500000	61.00
7/6/2012	533427	VMS Inds	MARU SECURITIES PVT LTD	B	300000	62.65
* B - Buy, S - Sell
** = Weighted Average Trade Price / Trade Price

Torrent Pharma (TRP IN) OW: Weak quarter, staying Overweight  HSBC Research

Torrent Pharma (TRP IN)
OW: Weak quarter, staying Overweight
 Reported net loss includes one-time provisional charge for
future sales return; excluding that, EBITDA is in-line with
estimate
 Indian sales continue to suffer from slow acute growth,
Brazil, US, and Germany in-line; exports outlook strong on
favorable INR and turnaround in markets
 Maintaining OW, dropping V-flag, rolling TP to Mar-13;
revised TP to INR715 (13x Mar-14 EPS) from INR680

Bharat Gears - Cautiously optimistic; visit note; : Edelweiss PDF link

Bharat Gears (BG IN, INR 75, Not Rated)

We recently met the CFO of Bharat Gears (BG), one of the largest gear suppliers to tractor makers. While the company perceives FY13 demand scenario to be challenging, orders have improved compared to previous quarter as OEM’s inventory levels have dipped and production has improved. The company expects to maintain margins at FY12 level.

Dr. Reddy's Laboratories - Collaboration with Merck to develop biosimilars : Edelweiss PDF link

Dr. Reddy’s and Merck Serono (Biopharmaceutical division of Merck KGA) have entered into a partnership to co-develop a portfolio of biosimilar compounds in oncology, primarily focused on monoclonal antibodies (MABs). The partnership covers co-development, manufacturing and commercialization of the biosimilars across markets.

Indian Power Operational parameters will be closely monitored as capacities come on stream: HSBC Research

 Capacity addition concerns recede but
operational parameter concerns increase
 Margins and earnings stress to persist
during FY13, bounce back only in FY14
 Power Grid with high capacity and lower
operational risk remains our top pick;
we also like NHPC, JPVL, CESC, PTC

State Bank of India (SBIN IN) UW: Q4FY12 – A good quarter, but not the start of a trend  HSBC Research

State Bank of India (SBIN IN)
UW: Q4FY12 – A good quarter, but not the start of a trend
 4Q earnings were above estimates due higher other income
and lower credit costs; asset quality was much better than
ours and street expectations, but margins declined q-o-q
 FY13 and FY14 likely to see margin compression along with
sustained elevated credit costs; upcoming wage settlement
to increase operating cost ratios
 Retain UW rating and target price at INR2,000, implying 4.8%
potential return

Stocks in News : 7 June: Edelweiss

Stocks in News

Maruti cuts production of some petrol cars (ET)

Dr Reddy’s, Merck tie up for cheap biotech cancer drugs (ET)

ONGC eyes LNG terminal with Mitsui (MINT)

US dealers sue Mahindra & Mahindra for fraud (BS)

United Phosphorus to raise INR 3-bn (BS)

Pantaloon Retail raises INR 2-bn from BCCL (BS)

7 June: Edelweiss Technical Reflection (ETR)

Edelweiss Technical Reflection (ETR)

After an indecisive trade on Tuesday, the markets shot up on Wednesday and staged an excellent rally that went beyond 5000 on intraday basis.The index opened in the positive tracking bullish cues among the Asian peers and went on to gain every hour as it outperformed its regional peers. The large bullish candle indicates strength that is likely to continue in the coming sessions as well. Volumes expanded yesterday and an extremely favorable A/D ratio of 3.6:1 suggests that the bears were cornered. Volatility subsided down to 24.90 suggesting a cool-off phase and a potential up move. Momentum has shifted on the upside as per the daily oscillators (rolled bullish) and thus expect the up move to continue. Nifty breached the 21-day EMA resistance at 4945 and is now on course to test its 200 SMA at 5065. The up move could get stretched to the upper boundary of the falling trend channel i.e. at 5095. The immediate downside is now protected by the 21-DEMA of 4945.

All the sectoral indices ended the day in the green and were led by strong moves in Auto (+3.86%), Cap Goods (+3.63%) and Power (+3.49%) indexes. Among the underperformers of the day were Healthcare (+1.05%) and IT (+1.48%). Broader markets were unable to keep pace with their frontline peers and closed the session with gains of 1.78% for the Mid-cap index and 1.48% for the Small-cap index.

Bullish Setups: LT, DLF, IDFC, CNXBANK, REC,

Bearish Setups: DRRD, LICHF, INFO, HDFC

Sales Traders Commentary : 7 June: Edelweiss

Sales Traders Commentary

The Indian equity market closed higher on Wednesday, rising over 2.7% on hopes of rate cut by RBI, positive global cues and in anticipation that the government will initiate key reforms to boost investment sentiments. All sectoral indices closed in the green; major gainers were auto, capital goods, power, financial and metal stocks.

While the Sensex closed at 16454, up 434 points, the Nifty jumped 134 points to end the day at 4997.

Major gainers were Tata Motors (5.70%), Larsen & Toubro (4.72%), Hero MotoCorp (4.30%), Jindal Steel & Power (4.30%), I T C (3.68%), NTPC (3.74%) and Maruti Suzuki (2.78%).

The Auto index jumped 3.86%. Major gainers were Apollo Tyres (7.1%), Bajaj Auto (3.2%), Ashok Leyland (3.17%), Bharat Forge (2.18%) and Exide Industries (0.77%).

The Capital Goods index gained 3.63%. Major gainers were A B B (2.56%), Bharat Electronics (2.39%), Alstom Projects India (1.65%), A I A Engineering (1.22%) and BEML (0.55%).

The Power index was up 3.49%. Major gainers were Reliance Infrastructure (4.79%), Adani Power (4.27%), Bharat Heavy Electricals (2.86%), Crompton Greaves (2.73%) and A B B (2.56%).

The Bankex jumped 3.01%. Major gainers were Kotak Mahindra Bank (4.03%), State Bank of India (3.81%), HDFC Bank (3.50%), Axis Bank (3.04%) and Yes Bank (2.61%).

The FMCG index gained 2.95%. Major gainers were Dabur India (5.19%), I T C (4.23%), United Breweries (3.86%), Hindustan Unilever (3.28%) and Godrej Consumer Products (0.75%).

Major gainers in the mid–cap space were CORE Education and Technologies (6.28%), Aban Offshore (2.67%), Alstom Projects India (1.65%), A I A Engineering (1.22%) and A B G Shipyard (0.33%).

Major gainers among small caps were A B G Infralogistics (3.13%), A2Z Maintenance & Engineering Services (2.94%), Trident (1.37%), Aanjaneya Lifecare (1.11%) and Styrolution ABS (India) (0.07%).

Globally, Asian indices ended on a higher note while European indices were trading in the green  

7 June: Business News Tablet (click on link to read article): IFCI Financial Services Limited

Business News Tablet (click on link to read article)

Economic Times		Business Standard
Ø  Wall St gains 2%, S&P 500 registers best day since Dec Ø  Mahindra & Mahindra faces lawsuit by dealers in US Ø  Europe debt crisis: ECB holds rates as economic outlook darkens Ø  ONGC in talks with Mitsui for LNG terminal at Mangalore Ø  Ashok Leyland bags first overseas order for vestibule buses Ø  Karnataka sanctions special incentive package for MRPL		Ø  Cabinet likely to take up PFRDA Bill today Ø  Oil rises toward $100 on US data, eyes ECB Ø  Rupee gains for third day, closes at 55.36 Ø  Gold touches record high Rs 30,625 in futures Ø  KEC bags Rs 391 cr orders in transmission, telecom Ø  Alstom T&D India bags Rs 41-cr contract from PowerGrid
Business Line		Mint
Ø  News Corp to buy out ESPN stake in Star JV Ø  Auto industry oppose higher tax on diesel cars Ø  Cement makers hike prices by up to Rs 15/bag in some areas Ø  Gujarat Pipavav board okays project expansion plan Ø  United Phosphorus to launch insecticides from ISK portfolio Ø  Sugar mills seen under pressure to exhaust sale quota		Ø  Maruti cuts petrol car production due to low sales Ø  Credit growth to industries strong despite slump Ø  ECB resists crisis pressure and keeps rates at 1% Ø  L&T unit wins two road projects Ø  Dr Reddy’s inks drug deal with Merck Serono Ø  Piramal eyes more acquisitions in pharma, sets up M&A team
Financial Express		Financial Chronicle
Ø  Almost all services to be taxed from Jul 1 Ø  Morgan Stanley sees Sensex up 24% Ø  Infra stocks gain ahead of PM meet on infra projects Ø  New internet protocol allows trillions of new web addresses Ø  Buffett sees little chance of return of US recession		Ø  GVK wins Australian state nod for coal rail line Ø  Pantaloon Retail raises Rs 200cr from Bennett, Coleman & Co Ø  Obama, Cameron urge immediate plan for eurozone Ø  Govt to flag off disinvestment plan seeing Greece poll outcome Ø  HDIL gross debt comes down by Rs 237cr to Rs 4,082 cr in FY12

   (Click on link to view article)

Thanks and Regards

IFIN: IFCI Financial Services Limited

SGX Nifty 5,036.00 +60.50 (Singapore exchange) Indian Markets to open UP today

SGX Nifty 5,036.00 +60.50 (Singapore exchange)
8:40 AM India time
June 7, 2012
 Indian Markets  to open UP today

Buy a house for post-retirement benefits ::Business Line

The changing face of savings bank account ::Business Line

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