Nifty 08-06-2010

இன்றைய சந்தைகள் இறக்க எட்ட்ரமாக இருக்க வாய்ப்புண்டு சந்தை ஆரம்பத்தில் தேசிய நிபிட்டி 20 லிருந்து 40 புள்ளிகள் இறக்கத்துடன் தொடங்கி 10 லிருந்து 25 புள்ளிகள் எட்ட்ரத்தில் முடிய வாய்ப்புண்டு அமெரிக்க,மற்றும் ஐரோப்பிய சந்தைகள் பின் தங்கியுள்ளன நடந்து கொண்டிருக்கும் ஆசிய சந்தைகளில் சந்தைகள் ஓரளவு எட்ட்ரத்தில் உள்ளன .சந்தை இன்று ஒரே நேர் கொட்டு பாதையில் செல்லாது இறக்கம் எட்ட்ரம் என்று ஊசலடிகொண்டிருக்கும் Stock Alert

STOCKS TO ALERT

RELIANCE
APOLLOTYRES
HDIL
NAGARJUNA CONS
HCC
CANARA BANK
CORPORATION BANK
BANK OF INDIA
CASTROL INDIA
ESSAROIL
KOTAK MAHINDRA
PRAJ INDUS
ADITYA BIRLA
EDUCOMP
JINDAL STEEL
NMDC
GUJRART NRE COKE
IOB
GODREJ CONS
IRB INFRA
LIC HOUSING
RASTRIYA CHEM
UNITED SPRITS
MARICO
HUL
GUJARAT STATE PETRO
PETRONET LNG
INDIA CEMENS
INDIA HOTELS
INDIABULL REAL
TORRENT POWER
NEYVELI LIGNITE
BHUSAN STEEL
REC
WIPRO
TECH MAHINDRA

தேசிய நிபிட்டி 5065 தாண்டினால் 5090 வரை செல்லும் வாய்புகள் உள்ளன

குஜராத்தை சேர்ந்த விவசாய பல்கலைக்கழக விஞ்ஞானிகள் உருவாக்கியுள்ளனர். பாசுமதி அரிசியில் நறுமணத்துடன் கூடிய ரகங்கள் உருவாக்கப்பட்டு சந்தையில் விற்பனை செயப்பட்டு வருகின்றன. தரத்திலும் பாசுமதி அரிசி முதன்மையாக விளங்குகிறது. இந்நிலையில், குஜராத்தை சேர்ந்த ஆனந்த் விவசாய பல்கலைக்கழகம். பாசுமதி அரிசி போன்றே தரம் மற்றும் நறுமணத்துடன் இரட்டிப்பு மகசூல் தரக்கூடிய புதிய நெல் ரகத்தை உருவாக்கி உள்ளது.

புதிய அரிசி ரகம் குறித்து பல்கலைக்கழக துணைவேந்தர் வர்ஷ்னி கூறியதாவது, இந்த புதிய நெல் ரகத்துக்கு ஜிஏஆர்-1 என பெயரிடப்பட்டுள்ளது. இது 125 முதல் 130 நாட்களில் முதிர்வடைந்து குறுகிய காலத்தில் மகசூல் தரும். மேலும் ஒரு எக்டேருக்கு ஐந்து டன் அளவிற்கு மகசூல் தரும்.தேசிய சராசரி அளவை கணக்கிடும் போது இது இரட்டிப்பு அளவு என்பது குறிப்பிடத்தக்கது. ஆராச்சியின்போது மத்திய மற்றும் தெற்கு குஜராத் பகுதிகளில் ஜிஏஆர்-1 நெல் ரகத்தை நாங்கள் கூறிய வழிமுறைகளின்படி நடவு செததில் ஒரு எக்டேருக்கு 5.5 டன்கள் மகசூல் கிடைத்தது. எங்களது பல்கலைக்கழகம் 12 புதிய அரிசி வகைகளை உருவாக்கியது. அதில் ஜிஏஆர்-1 ரகம் மட்டுமே பாசுமதி அரிசிக்கு இணையான தரத்தையும், நறுமணத்தையும் பெற்றிருந்தது. இந்த புதிய அரிசி ரகத்தை வர்த்தக ரீதியில் விற்பனை செவதற்கான நெல் விதைகள் அடுத்த ஆண்டு முதல் தாராளமாக கிடைக்கும்.

இந்த புதிய நெல் ரகத்தால் மத்திய பிரதேசம், மகாராஷ்டிரா போன்ற அண்டை மாநிலங்களுக்கும் பயன் கிடைக்கும். ஆனால் அந்த மாநிலங்கள் அவர்கள் அங்கு நிலவும் தட்பவெப்ப நிலைக்கு ஏற்ப புதிய நெல் ரகத்தை உருவாக்க முயன்று வருகின்றனர். மேலும், கேப்சூலில் உரத்தை அடைத்து இயந்திரங்கள் மூலம் பயிர்களுக்கு இடையில் தூவும் புதிய தொழில்நுட்பத்தை சோதனை முறையில் மேற்கொண்டுள்ளோம். இதன் மூலம் உரம் வீணாவதும், மனித ஆற்றலும் பெருமளவு குறையும். இவ்வாறு வர்ஷ்னி கூறினார்.

உலகின் முன்னணி தொழில்நுட்ப நிறுவனமான மைக்ரோசாப்டை, முந்தியது ஆப்பிள் நிறுவனம். அமெரிக்க பங்குச்சந்தை நிறுவனமான நாஸ்டாக்கில் உலகின் முன்னணி தொழில்நுட்ப நிறுவனங்களின் பங்கு பரிவர்த்தனை நடைபெறும். இதில் மைக்ரோசாப்டின் பங்கை விட ஆப்பிள் நிறுவனத்தின் பங்கு 0.16 சதவீதம் உயர்ந்தது. ஆப்பிள் நிறுவன மதிப்பு 227.1 பில்லியன் டாலராக உள்ளது. மைக்ரோசாப்டின் மதிப்பு 225.58 பில்லியன் டாலர். இந்த உயர்வின் மூலம் அமெரிக்காவின் டாப் இடங்களில் 2ம் இடத்தை ஆப்பிள் நிறுவனம் பிடித்துள்ளது.எக்சான் மொபைல் நிறுவனம் முதலிடத்தில் உள்ளது . இதன் மதிப்பு 280 பில்லியன் டாலர் ஆகும்.
மத்திய அரசு நிறுவனமான என்.எம்.டி.சி. இரும்பு தாதுக்களின் விலையை இருமடங்காக உயர்த்தியுள்ளது. இதுதொடர்பாக அந்நிறுவனம் வெளியி்ட்டுள்ள செய்திக்குறிப்பில் தெரிவித்துள்ளதாவது : தற்போது தங்கள் நிறுவனம் தென்கொரிய மற்றும் ஜப்பான் நிறுவனங்களிடமிருந்து இரும்புத் தாதுக்களை வாங்கி வருவதாகவும், அந்த நிறுவனங்கள் விலையை 99 சதவீதம் உயர்த்தியுள்ளது என்றும், இதனால் தாங்களும் வில‌லயை இருமடங்காக உயர்த்த வேண்டிய கட்டாயத்திற்கு தள்ளப்பட்டுள்ளதாக அதில் தெரிவி்க்கப்பட்டுள்ளது. புதிய விலை குறித்த விபரம் அந்த செய்தி்ககுறிப்பில் அறிவிக்கப்படவில்லை.



The board of directors of Reliance Communications (RCom) has given in-principle approval for induction of strategic/private equity investors into the company. The approval is for sale of up to 26% stake. RCom also said that its board had approved pursuing other appropriate strategic consolidation opportunities.

An Empowered Group of Ministers (EGoM) headed by finance minister Pranab Mukherjee will meet today, 7 June 2010, to decide on the decontrol of fuel prices as recommended by the Kirit Parikh Committee. Shares of PSU OMC stocks had risen sharply over the past few days on expectations that the government may partially decontrol fuel prices. The Kirit Parikh committee had in February 2010 recommended freeing pump prices of petrol and diesel and raising kerosene prices by Rs 6 a litre and cooking gas prices by Rs 100 a cylinder.

Shares of state-run companies may see action after the government set out new rules requiring listed companies to have a public float of at least 25%, a move which could further crowd the pipeline for new public issues of state-run companies. Listed companies with a free float of less than 25% must increase it by a minimum of 5% a year, the government said in a statement after trading hours on Friday, 4 June 2010.

Maytas Infra has won a contract worth Rs 185 crore to build part of a metro rail network in Gurgaon. Maytas will build a elevated viaduct and six stations within 21 months for ITNL ENSO Rail Systems, Maytas said in a statement.

Reliance Industries may reportedly foray into nuclear energy and has indicated to the government that it is keen on generation and distribution of nuclear power.

Apollo Tyres is reportedly gearing up to supply tyres to German car maker Volkswagen as it looks to expand its global footprint.

Pipavav Shipyard has reportedly bagged a Rs 2600 crore-contract from the Indian Navy to build offshore patrol vessels, taking its order book to Rs 7000 crore. The private shipyard will build five vessels, each with a displacement of about 2,000 tonnes.

Bhushan Steel is reportedly planning to raise about $500 million to finance its greenfield projects. The amount will be raised in one or more tranches from domestic or international markets and may involve one or more currencies.

Drug maker Elder Pharmaceuticals reportedly plans to enter the nicotine replacement therapy, or anti-smoking segment, with chewable jelly cubes. The market size of the product is estimated at Rs 720 crore with about Rs 200 crore in the prescription segment.

Nagarjuna Construction Company is reportedly foraying into hospitality sector through unit NCC Urban Infrastructure, which plans to invest Rs 250-300 crore to add hotels, resorts and serviced apartments to its real estate offerings.

Mahindra Satyam has reportedly been contracted to provide IT services to upcoming Fifa World Cup, as the company plans to create a new vertical to cater to sporting needs world over.

The pan-India highest bid price for broadband wireless access spectrum was reportedly recorded at Rs 9837 crore at 100% activity level, more than five times the reserve price of Rs 1750 crore.

Market Quick Review
The key benchmark indices trimmed losses after a sharp initial slide triggered by weak global stocks. Reports that monsoon has revived after being stalled by a cyclone last week, aided intraday recovery on the domestic bourses. Index heavyweight Reliance Industries (RIL) cut losses. Some auto stocks also pared losses. The BSE 30-share Sensex was provisionally down 321.83 points or 1.88%, up about 110 points from the day's low.

All the sectoral indices on the BSE were in the red. Both Mid and Small-Cap indices on BSE outperformed the Sensex.

The Sensex fell below the psychological 17,000 mark at the onset of the trading session on weak global stocks. The market trimmed losses in morning trade. The market weakened once again in mid-morning trade. The key benchmark indices hovered near the intraday lows in early afternoon trade. Bank stocks led a recovery from lower level in afternoon trade. Volatility was high in the last 30 minutes of trade.

India's monsoon rains have revived after being stalled by a cyclone last week. The monsoon is expected to cover more areas of the southern Karnataka state, from today, 7 June 2010.

The monsoon rains were 11% below normal in the week to 2 June 2010, the weather office said on Thursday, 3 June 2010. The June-September monsoon rains hit Kerala on 31 May 2010, a day ahead of schedule. The south-west monsoon usually covers the entire country by mid-July. The weather office late April 2010 said rainfall is likely to be 98% of the long-term average. Good monsoon rains would help raise farm output, boost rural incomes and lower food inflation.

Last month, Australia's weather bureau said the El Nino weather pattern was over. El Nino is caused by an abnormal warming of the eastern Pacific Ocean and can play havoc with weather patterns across the Asia-Pacific region.

The south west monsoon is important for India as about 60% of the country's farmlands are rain-fed and more than half of the workforce is employed in the agriculture sector. The quantum of rainfall in the crucial sowing month of July and distribution of rainfall during the monsoon season also holds key.

Coming back to stocks, euro zone debt worries caused massive outflow of foreign funds from India recently as investors shunned risk. Foreign funds sold shares worth a net Rs 185.86 crore in the first four trading sessions this month, as per data from the stock exchanges. Foreign institutional investors (FIIs) had dumped shares worth a net Rs 12071.14 crore in May 2010.

Domestic funds have absorbed part of the selling by FIIs. Domestic bought stocks worth a net Rs 328.17 crore in the first four days this month. Domestic funds bought stocks worth a net Rs 6361.17 crore in May 2010.

European shares fell on Monday, extending losses from the previous session, with banks and miners sharply lower as investors fretted about global economic-growth trends. However, many markets were off early lows. The key benchmark indices in UK, France and Germany were down by 0.52% to 0.83%.

Asian stock markets tumbled on Monday, after Wall Street on Friday closed at its lowest level since February 2010, spooked by disappointing non-farms payroll data and concerns over Hungary's debt problems. But, many markets were off lows. The key benchmark indices in China, South Korea, Singapore, Japan, Indonesia, Hong Kong and Taiwan fell by between 1.57% to 3.84%.

US index futures cuts initial sharp losses. Trading in US index futures indicated that the Dow could fall 34 points at the opening bell on Monday, 7 June 2010.

US Stocks fell to their lowest close since February on Friday after May's jobs figure slammed investors already reeling from worry over another developing debt crisis, this time in Hungary. The Dow Jones Industrial Average dropped 323.31 points, or 3.15% to 9,931.97. The Standard & Poor's 500 Index lost 37.95 points, or 3.44% to 1,064.88. The Nasdaq Composite Index tumbled 83.86 points, or 3.64% to 2,219.17.

The latest data showed the US economy added fewer-than-expected jobs last month, with a large portion of those being temporary hirings for the US Census. The Labor Department said the US economy added 431,000 jobs in May 2010, far short of the 513,000 that Wall Street had expected. The unemployment rate dropped to 9.7% in May from 9.9% in April.

Europe's sovereign debt troubles could spread flared again after a Hungarian official, late last week, said the country was at risk of a Greek-style crisis, driving the euro to a more than four-year low against the dollar. Hungary isn't a euro member.

The Hungarian government rushed to calm markets Saturday with a pledge to keep the country's official budget deficit goal for 2010 while stressing that Hungary isn't facing any sovereign credit default.

Back home, Indian government after trading hours on Friday said all listed companies are required to maintain a minimum public float of 25%. Existing listed companies having less than 25% holding have to reach the stipulated level by an annual addition of not less than 5% to public holding, it said.

On the macro front, data last week showed business activity remained strong for India's vast services sector in May 2010, with a key gauge growing for a 13th consecutive month even as some momentum was lost over the previous month. The HSBC-Markit Business Activity Index stood at 58.2 in May 2010 from a 21-month high of 62.1 in April 2010. A reading above 50 indicates expansion. Services make up about 55% of India's $1.2 trillion economy.

HSBC Markit Purchasing Managers' Index (PMI), based on a survey of 500 Indian firms, surged to a 27-month high of 59 in May 2010 from 57.2 in April 2010, bolstered by steady growth in output, new orders and employment. The rate of growth had slowed in March 2010 and April 2010.

On a flip side, another data showed that the food articles index rose 16.55% in the year to 22 May 2010, accelerating from previous week's rise of 16.23%. The primary articles index, which also includes food articles, rose 16.89%, higher than previous week's 15.90% rise. The fuel price index increased to 14.14 % versus 12.08% rise in the previous week.

India's economy grew at 8.6% in the March 2010 quarter driven by robust manufacturing sector on the back of government and consumer spending, data released by the government on Monday, 31 May 2010, showed. The growth was significantly higher than the revised 6.5% expansion in Q3 December 2009 and a 5.8% growth in Q4 March 2009. The manufacturing sector grew 16.3%, farm output rose 0.7%, mining sector expanded 14% and services increased by 8.4% in January-March 2010 quarter from a year earlier.

For the full year to March 2010, the economy expanded 7.4%, above a government forecast of 7.2%. Economic growth had slowed down to 6.7% in year ended March 2009.

The RBI expects India's economy to expand 8% in the year ending March 2011 (FY 2011) with an upward bias, assuming a normal monsoon this year and sustenance of good performance of the industrial and services sectors on the back of rising domestic and external demand. The RBI at its annual policy review on 20 April 2010 said it will continue to monitor macroeconomic conditions, particularly the price situation closely and take further action as warranted. Meanwhile, a revenue bounty for the government from the sale of telecom spectrum would help bring down fiscal deficit in the current financial year.

Investors will eye the first installment of the corporate advance tax payment which will give some clue about Q1 June 2010 corporate results. The first installment of corporate advance tax falls due on 15 June. The combined net profit of a total of 3,572 companies rose 13.7% to Rs 87,241 crore on 24.70% rise in sales to Rs 9,27,168 crore in the quarter ended March 2010 over the quarter ended March 2009.

As per provisional figures, the BSE 30-share Sensex was down 321.83 points or 1.88% to 16,795.86. The Sensex fell 430.96 points at the day's low of 16,686.73 in early trade. The Sensex fell 47.92 points at the day's high of 17,069.77 in early trade.

The S&P CNX Nifty was down 96.05 points or 1.87% to 5039.45 as per provisional figures. Nifty hit a low of 5,004.25.

The BSE Mid-Cap index fell 1.37% and the BSE Small-Cap index fell 1.36%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was weak. On BSE, 1932 shares declined as compared with 813 that advanced. A total of 91 shares were unchanged.

From the 30 share Sensex pack, 28 fell and only two stocks rose.

BSE clocked turnover of Rs 2917 crore, lower than Rs 3547.01 crore on Friday, 4 June 2010.

Index heavyweight Reliance Industries (RIL) fell 2.02% to Rs 1010. But, the stock came off the day's low of Rs 1000.30. RIL may reportedly foray into nuclear energy after being freed from a non-compete agreement with the Anil Dhirubhai Ambani Group (ADAG) that barred it from investing in some businesses, including power. Recently, reports had also suggested that RIL may make its first big-ticket investment in coal-fired power plants.

PSU OMCs declined on profit taking ahead of a meeting of an empowered group of ministers (EGoM) today, 7 June 2010, to consider the Kirit Parikh committee recommendations on decontrol of fuel prices. BPCL, HPCL and Indian Oil Corporation fell by between 3.24% to 3.58%. The Kirit Parikh committee had in February 2010 recommended freeing pump prices of petrol and diesel and raising kerosene prices by Rs 6 a litre and cooking gas prices by Rs 100 a cylinder.

Shares of PSU OMCs had risen sharply over the past few days on expectations that the government may partially decontrol fuel prices.

Oil exploration stocks also fell after a firm start. Oil India and ONGC fell by between 1.06% to 2.07% after initial gains triggered by hopes possible deregulation of fuel prices may reduce subsidy burden for these two state-run firms.

India's second largest mobile services provider by sales Reliance Communications (RCom), jumped 4.61% after company's board gave an in-principle approval for induction of strategic/private equity investors into the company. The approval is for sale of up to 26% stake. The RCom stock had jumped 14% last week, with speculation rife that Abu Dhabi's Etisalat and South Africa's MTN could be potential partners. However, MTN had denied merger talks with the firm.

Auto stocks fell on profit taking after the recent gains triggered by strong sales in May 2010. India's largest tractor maker by sales Mahindra & Mahindra (M&M) fell 1.02% to Rs 579.25. But, the stock came off the day's low of Rs 560. M&M's auto sales rose 69% to 28,486 units in May 2010 over May 2009.

India's largest small car maker by sales Maruti Suzuki India fell 1.4% to Rs 1312.35. The stock came off the day's low of Rs 1285.55. Maruti's total sales rose 27.90% to 1,02,175 units in May 2010 over May 2009. The company's domestic sales rose 27.2% to 90,041 units in May 2010 over May 2009. This is highest ever monthly domestic sales. Exports increased 33.5% to 12,134 units in May 2010 over May 2009. The company announced the sales figures during trading hours on 1 June 2010.

India's top truck maker by sales Tata Motors fell 4.12%. Its ADR fell 2.07% on Friday, 4 June 2010. The company reported 41% growth in vehicle sales in May 2010 over May 2009. The company sold 56,779 units in May 2010 as against 40,196 units sold in May 2009. The company unveiled the monthly sales data after trading hours on 1 June 2010.

India's largest bike maker by sales Hero Honda Motors was flat at Rs 1990. The stock came off the day's low of Rs 1956.25. The company recently raised prices of its products by up to Rs 1,000 due to rising input costs.

High beta realty stocks slumped. DLF, HDIL, Indiabulls Real Estate, Unitech, Orbit Corporation, Phoenix Mills, Ackruti City, Peninsula Land fell by between 0.75% to 6.25%.

Metal and mining stocks slumped as LMEX, a gauge of six metals traded on the London Metal Exchange slumped 4.13% on Friday, 4 June 2010. Hindalco Industries, Hindustan Zinc, Steel Authority of India, Tata Steel fell by between 1.84% to 5.63%. Sterlite Industries fell 3.9% as its ADR fell 4.71% on Friday, 4 June 2010.

Select PSU bank stocks rose after bond prices scaled 2-week highs on speculation Europe's widening debt crisis will hamper a global recovery, delaying interest-rate hike by the Reserve Bank of India Governor (RBI). RBI governor D Subbarao said last week the central bank would take into account global developments while formulating monetary policy. RBI reviews policy on 27 July 2010. Bank of Baroda rose 0.69%. The stock hit an all time high of Rs 753.35 today.

Among other PSU banks, Vijaya Bank, Dena Bank, UCO Bank, Bank of Maharashtra, Canara Bank and Oriental Bank of commerce rose by between 0.5% to 1.6%.

But shares of most front line banks fell on profit taking. India's largest bank in terms of branch network State Bank of India fell 2.34%, snapping last three days' gains. Among other state-run banks, Bank of India and Punjab National Bank fell by between 1.24% to 2.23%.

India's largest private sector bank by sales ICICI Bank fell 2.79%, snapping last three days gains. Its ADR fell 2.29% on Friday, 4 June 2010. India's second largest private sector bank by sales HDFC Bank fell 0.4% to Rs 1880.20. Nevertheless, the stock came off the day's low of Rs 1825. Its ADR fell 2.82% on Friday, 4 June 2010.

Bank credit to businesses and individuals has seen a pick-up of around Rs 5,600 crore while deposits with banks have fallen by nearly Rs 5,000 crore during the fortnight ended 21 May 2010.


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