Grey market premium, NCD, IPO:: Dec 13

IPO	Opening Dt	Closing Dt	Band	Retail Discount	Grey Market Premium
Rural Electrification (REC) NCD	3-Dec-12	10-Dec-12	1000	0	100
CARE	7-Dec-12	11-Dec-12	700 - 750	0	240
PC Jeweller Limited	10-Dec-12	12-Dec-12	125 - 135	5	20
BHARTI INFRATEL LIMITED	11-Dec-12	14-Dec-12	210 - 240	10	Discount
PFC NCD	14-Dec-12	21-Dec-12	210 - 240	0	80
IIFCL NCD	26-Dec-12	11-Jan-13	1000	0	85

SBI- Pressure from all Fronts:: Karvy

Pressure from all Fronts
We met the management of State Bank of India (SBI). The key takeaways
from the discussions are given hereunder.

Angel Broking - Market Summary - 13.12.2012

Market Summary

Angel Broking - Derivatives Report - 13.12.2012

Derivatives Report

Angel Broking - Technical Report - 13.12.2012

Technical Report

Angel Broking - Market Outlook - 13.12.2012

Market Outlook

Bharti Infratel Limited IPO Oversubscribe 1.21x; last day tomorrow

Bharti Infratel Limited
Sr.No.	Category	No.of shares offered/reserved	No. of shares bid for	No. of times of total meant for the category
1	Qualified Institutional Buyers (QIBs)	66115000	187928700	2.84
1(a)	Foreign Institutional Investors (FIIs)		180232300
1(b)	Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)		3348600
1(c)	Mutual Funds		4347800
1(d)	Others		0
2	Non Institutional Investors	28335000	2730200	0.10
2(a)	Corporates		2619900
2(b)	Individuals (Other than RIIs)		93100
2(c)	Others		17200
3	Retail Individual Investors (RIIs)	66115000	3943400	0.06
3(a)	Cut Off		3281000
3(b)	Price Bids		662400
	Total	160565000	194602300	1.21
Updated as on 13 Dec 2012 at 1700 hrs

FII & DII trading activity on NSE and BSE 13-12-2012

Category		Buy	Sell	Net
		Value	Value	Value
FII		3668.94	2412.37	1256.57
DII		890.42	1556.09	-665.67

 

 

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FII DERIVATIVES STATISTICS FOR 13-Dec-2012

FII DERIVATIVES STATISTICS FOR 13-Dec-2012

 

	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	27514	813.14	39336	1162.97	415430	12053.08	-349.83
INDEX OPTIONS	503975	14848.79	510315	15054.46	1564037	45818.74	-205.67
STOCK FUTURES	45054	1318.75	64896	1955.36	1151650	32817.54	-636.61
STOCK OPTIONS	53120	1507.22	53731	1521.64	73362	2001.82	-14.42
						Total	-1206.52

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ICICI Pru Tax Plan - INVEST :: Business Line

Franklin India Flexicap Fund - INVEST :: Business Line

Read insurance policy proposal carefully :: Business Line

Casually signing on a proposal form, the policy holder mistakes a regular premium product for a single premium plan. 

Globally, it’s a well-acknowledged fact that Indian consumers are smart - marketers call them value seekers.

They understand the product’s functionality, durability, features, performance rating, warranty, fit, colour and customisation.

But the same can, unfortunately, not be said when they are buying insurance products.

The average annual premium for a life insurance policy is Rs 20,000 for a term averaging around 12 years. But when it comes to buying a policy the typical reaction is: “Where should I sign on the proposal form, is all I want to know”.

The harsh realisation occurs few years later when the policyholder understands that he had originally signed for a regular premium product, which is now lapsed.

Casually signing on a proposal form, the policy holder mistakes a regular premium product for a single premium plan. This is one of the root causes for increasing dissatisfaction, grievances, high surrender rates and policy lapses.

Here are the ten most important things you need to keep in mind before signing the life insurance proposal form.

Eros – The ‘Blockbuster’ in Making :: Microsec

We rate Eros International Media Limited (Eros) a ‘STRONG BUY’. Our rating
underpins the company’s strategized business model, continued expansion of
content library, strong distribution network and initiatives to enhance revenues
through new business avenues. However, piracy of content and the
government’s plans to launch uniform tax impedes our optimism a bit.

SGX 5,938.00 +11.50; Markets to open up

SGX 5,938.00 +11.50;
9:AM India time
Dec 13
Markets to open up

Investing in businesses with deep moats :: Business Line

Of all the things with which Value Investors fall in love, the most seductive one is ‘Business Moat’. Few things can be as fascinating as finding the next business with solid moat. In simple terms, moat is all about ‘durable competitive advantage’ of a business. Durable competitive edge acts as a protective barrier for a business to stall any threat from competition (The way a ‘moat’ around the castle protects it from enemy).

High moat means superior economics of business with high pricing power, solid return ratios and wide operating margin supported by growing free cash flow. As a result, the business seldom needs debt for its growth and hence sports a clean balance sheet with substantial cash reserves.