Markets Today

SNAPSHOT of IIP DATA
APR INDUSTRIAL GROWTH REVISED TO 6.2% Vs 7% EARLIER
APR-MAY IIP GROWTH AT 5% Vs 10.9% (YoY)
MAY IIP GROWTH AT 3.8% VS 10.6% (YoY)
MAY MANUFACTURING GROWTH AT 3.9% Vs 11.3% (YoY)
MAY MINING GROWTH AT 5.2% Vs 3.8% (YoY)
MAY ELECTRICITY GROWTH AT 2% Vs 9.4%
MAY BASIC GOODS (UP) 3% Vs 10.3% (YoY)
MAY CAP GOODS AT 2.5% Vs 22.4% (YOY)
MAY INTERMEDIATE GOODS GROWTH AT 1.2% Vs 8.8% (YoY)
MAY CONSUMER GOODS GROWTH AT 7.2% Vs 8.7% (YoY)
MAY CONS DURABLES GROWTH AT 4.4% Vs -0.7% (YoY)
MAY CONS NON DURABLES GROWTH AT 8.1% Vs 12.1% (YoY)
MAY FOOD PRODUCTS GROWTH AT -8.6% (YoY)
MAY WOOD & WOOD PRODUCTS GROWTH AT -30.7% (YoY)
MAY PETROLEUM & COAL PDTS GROWTH AT -10.4% (YoY)
MAY TEXTILES PRODUCTS GROWTH AT 4.8%; JUTE DOWN -9%
MAY TRANSPORT EQUIPMENT GROWTH (UP) 12.3% (YoY)
MAY LEATHER & LEATHER PRODUCTS GROWTH (UP) 7.6%
May TOBACCO & PRODUCTS (UP) 31.1%
INFLATION INTERNALS
PRIMARY ARTICLES (UP) 0.9%,VEGETABLE PRICES (UP) 3.7% (WoW)
ALL COMMODITIES (UP) 0.1% (WoW)
FUEL UNCHANGED, MFG PRODUCTS (UP) 0.4%
FOOD PRODUCTS UP 0.3%, TEXTILES UP 2.5%
CHEMICALS & CHEMICAL PDTS UP 1.2%, NON METALLIC PDTS UP 0.8%
MACHINERY & MACHINE TOOLS UP 0.1%
FOOD PDTS: COCONUT OIL UP 11%, RAPE & MUSTARD OIL UP 5%
FOOD PDTS: SOYABEAN OIL UP 4%, EDIBLE OIL UP 1%
PULSES (UP) 0.8%, FRUITS & VEGETABLES (UP) 2.4%
BASIC METALS, ALLOYS & METALPRODUCTS (DN) 0.8%, FERT (UP) 4.5%
IRON & STEEL (DN) 1.4%, PIPES & WIRES (DN) 0.8%
NON FERROUS METALS (DN) 0.1%
Market Snapshot
Markets slide post IIP nos; May IIP growth at 3.8% Vs 10.6% (YoY)
Sensex ends down 456 pts at 13470; Nifty down 113 pts at 4049
CNX Midcap Index down 2.3%; BSE Small Cap Index down 1.4%
IT Index down 6.5% post Infy results, Cap Goods down 5% post IIP Data
Infy down 7%%; BT revenues has fallen from 10.3% in 4Q to 7.9% of revenues, a decline of 18% QoQ
BSE IT Sector Index down 6.7%; TCS down 8%;Satyam down 7%; Infosys down 7%; Wipro down 4.5%; i-Flex Soln down 9.1%
BSE Cap goods Index down 5%; L&T down 7%, Punj Llyod down 6.4%; ABB down 6%; BHEL down 2.7%
Crude oil back above $145/bbl; BSE Oil and Gas Index down 2.1%;
ONGC down 3.8%; Reliance down 1.5%
OMCs: BPCL down 8.4%; IOC down 4.7%; HPCL 3.1%;
Index Losers: Reliance Infra down 6.4%; Tata Power down 6.4%; HDFC down 5.6%; Power Grid down 4.8%; Tata Steel down 4.7%
Metals Gain: Nalco up 5.5%; Sterlite up 1.5%; Hindalco up 1.3%
NSE Advance Decline at 1 : 3
Total F&O turnover at Rs 50150 cr Vs Rs 35645 cr
Total Market Turnover at Rs 67781 cr Vs Rs 51884 cr on Thursday
New Listing: Lotus Eye Care Lists At Rs 36 Vs Issue Price Of Rs 38; closes at Rs 35.65
F&O Snapshot
Nifty Futures discount ends at 20 pts; discount widens to 50 pts post IIP nos
Nifty futures add 48.5 lakh shares Vs 22 lakh shares pre IIP
Nifty Mini witness hectic activity; 4th highest turnover seen at Rs 6656 cr after RIL, Infy, Rel Cap
Unwidnig seen in momentum stocks like IFCI, Ispat, TTML, RNRL, JP Ass, IndusInd, Deccan Aviation
Fresh shorts seen in tech, cap goods
Nifty Put option sees unwinding; Nifty call option sees aggressive writing
Option Activity:Nifty 4100 call adds 6.1 lakh sharesNifty 4300 call adds 3.1 lakh sharesNifty 4000 put sheds 3.2 lakh sharesNifty 3900 put sheds 2.5 lakh shares
Short Build up:Infosys dn 7.6%; adds 8.6 lakh shares (witness 2nd highest turnover in F&O)
Satyam dn 6.5%; adds 5.4 lakh shares
L&T dn 7.5%; adds 3.8 lakh shares
BHEL dn 3.6%; adds 3.2 lakh shares
Punj Lloyd dn 7%; adds 8.3 lakh shares
Long Unwinding: Ispat dn 6.6%; sheds 15.3 lakh shares Indus Ind dn 6.3%; sheds 3.6 lakh shares
Source: moneycontrol.com

Intraday Trading Calls for 11th July

Indian Stock Market may see very high volatility as Inflation numbers and IIP numbers to be announced at noon today. But There is strong possibility of Strong Rally in Stock Market India.

Today's Intraday Trading Calls / Stock Tips:

CAIRN INDIA
HDIL
UNITECH
NIIT TECH
SAIL
NEYVELI LIGNITE

For Levels and Targets CLICK HERE.

Today’s Watch List: Indiabulls Realest, DLF, Ansal Properties & Infra, Ansal Housing, Peninsula Land, Omaxe Ltd.
Lok Housing at UC Rs. 51.4/- Yesterday.

Good Luck

Intraday Trading Calls for 10th July

Indian Stock market may see a nagetive opening today and see some profit booking but again it can recover from lower levels and a flat closing expected.

Today's Intraday Stock Tips / Trading Calls:

PUNJ LLOYD
PRAJ INDUSTRIES
APTECH LTD.
IDEA
RPOWER
GUJARAT NRE COKE

For Levels and Targets CLICK HERE.

Today’s Watch List: NALCO, Tata Steel, SAIL, Ramsarup Industries, Bhushan Steel.

Good Luck

Intraday Trading Calls for 9th July

Market may see overall rally today. A strong rally and good positive closing expected today from Indian Stock Market.

Today's Intraday Trading Calls / Stock Tips:

PUNJ LLOYD
IOC
SASKEN COMMUNICATION
INDIABULLS REALEST
RPOWER
JP HYDRO POWER

For Levels and Targets CLICK HERE.

Watch List: Rolta India, Alstom Projects, NTPC, Torrent Power, REC, Power Grid

Good Luck

Investment Idea: BHEL

Bharat Heavy Electricals Ltd or BHEL as it is recognised, is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector, today. BHEL was established more than 40 years ago, manufactures over 180 products under 30 major product groups and caters to core sectors of the Indian economy. It has 14 manufacturing divisions, four Power Sector regional centres, over 100 project sites, eight service centres and 18 regional offices, and its employee strength is 42,600.
The company has posted a good performance for the year ended 31st March 2008. Its net sales rose by 12.34% at Rs.19,365.46 crore. Its mainstay continues to be the power sector, 80% of its turnover comes from this sector alone, the rest from the other industries. What is interesting to note is that in FY08, 14% of the total turnover came through commercialization of products and systems developed by way of in-house R&D efforts.
Significantly, during the year, BHEL spent over Rs.464 crore on R&D, which is 83% more than the previous year’s 68%. Infact, the R&D spend at 2.14% of the turnover, is among the highest in India in its kind of industry. Another notable achievement of FY08 has been the significant growth in Intellectual Capital with around one Patent/Copyright filed every alternate working day. It filed 175 patents and copyrights during the year, enhancing the company’s intellectual capital to 664 patents and copyrights filed.
The company’s PBT rose 18.58% at Rs.4,430.39 crore and PAT was up 18.41% at Rs.2,859.34 crore. Its equity capital doubled up from Rs.244.76 crore to Rs.489.52 crore in FY08 on account of the 1:1 bonus. EPS for the year was at Rs.58.41.
Power is its mainstay and with the current emphasis, which the Govt has laid in power sector growth, naturally, BHEL would be one of the biggest beneficiaries, what with the number of mega-power projects being created. If one looks at the turnover, it becomes apparent that the company is working at full capacity and for it to now reach a higher level, it will have to expand. Otherwise, its growth will be restricted.
All said and done, BHEL is a good buy at the current rate, if you have a 2-3 years horizon in mind.

Source: sptulsian.com

Markets Today

Market Snapshot
Markets remain volatile as Left withdraws support; recover from the day's lows
Political fallout on expected lines; markets react with a positive bias to developments
Sensex down 176 pts at 13350; recovers 300 pts from the day's low
Nifty down 42 pts at 3989; recovers 90 pts from the day's lows
CNX Midcap ends flat; BSE Small Cap Index down 0.5%
Reliance Industries down 2.5%; closes below 2000 for the first time since Aug 2007
BSE Cap Goods Index recovers nearly 5% from days low on hope of nuclear deal going through
BEL up 4.6%; BHEL up 2.1%; ABB up 1.8%; L&T up 1.5%
Nuclear deal benificiaries: Alstom Projects up 7.5%, Rolta up 5.8%, Areva T&D up 5.5%
SBI recovers nearly 10% from days low as the co seeks RBI nod to mark-to-mkt only 25% of Rs 9996 cr of govt bonds: Sources
BSE IT Index down 3.1%; Wipro down 5%; Infosys down 3.5%; Satyam down 2.9%; TCS down 2.6%
BSE Oil and Gas index down 1.6%; Relaince down 2.4% ONGC down 1.7%
OMC's gain; HPCL up 5.8%; BPCL up 5.6%; IOC up 1%
NSE Advance Decline at 1 : 1.5
Total F&O turnover at Rs 41112 cr Vs Rs 44635 cr
Total market turnover at Rs 56817 cr Vs Rs 61829 cr yesterday
F&O Snapshot
Nifty fut sees additional short build up; adds 27.9 lakh shares
Discount remains at nearly 50 points in today's trade
IT stocks like Infy & Satyam sees fresh short build up
Sugar Stocks like Renuka Sug, Bajaj Hind & Balrampur Chini sees continuation of short build up
NSE f&o volumes on lower side; turnover at Rs 41117.91cr vs 44634.29 on yesterday
Options Activity: Nifty 3700 put adds 3.3 lakh shares Nifty 4300 call sheds 3.8 lakh shares Nifty 4100 put sheds 2.6 lakh shares
Star Trade: Rolta up 6%; adds 1.1 lakh shares
Fresh Short: Renuka dn 6.1%; adds 10.1 lakh shares Wipro dn 5.7 %; adds 4.2 lakh shares Infosys dn 3.4%; adds 4 lakh shares ITC dn 3%; adds 13.8 lakh shares
Fresh Longs: JP hydro up 3.9%; adds 12.1 lakh shares Chambal fert up 4.4%; adds 7.6 lakh shares RNRL up 3.4%; adds 20.4 lakh shares SBI up 3.4%; adds 5.3 lakh shares

Source: moneycontrol.com

Intraday trading Calls for 8th July

Market may open weak but recovery expected in mid session and remains flat to nagetive. A nagetive closing expected today.

Today's Intraday Stock Tips/ Trading Calls:

ESSAR OIL
CAIRN INDIA
SASKEN COMMUNICAION
INIDABULLS REALEST
ADLABS FILMS
RPL

For Levels and Targets CLICK HERE.

Watch List: SmallCap & Midcap IT Sector: Core Projects, Vakarangee Softwares, Prithvi Info, 3i Infotech, Mphasis BFL etc.

Good Luck