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Union Budget 2009-2010
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Capital Market
BSE Sensex
10-Mar-2010 - Market Opens at 9:00 a.m

Top Y-axis label is Day's High; mid label is Prev.Close, bottom label is Day's Low
BSE Sensex Cos. 
A-G  H-N  O-Z

Latest update     Sensex data
9-Mar-2010 
Hot Pursuit
4Subscribe !
Telefolio | Telefolio Plus
Shriram Transport Finance leads gainers in 'A' group (9/3/2010,16:11 Hours IST)
Sintex Industries, Exide Industries, Jain Irrigation Systems and Mahindra & Mahindra Financial Services are among the other gainers. More
India Cements slides as foreign fund pares stake (9/3/2010,15:24 Hours IST)
India Cements lost 4.08% to Rs 121.15 at 15:22 IST on BSE, after the HSBC Global Investment Funds sold 2.45 lakh shares representing 0.09% of the equity capital of the company through open market sales on 8 March 2010. More
Jagran Prakashan loses ground as UK's INM prunes stake (9/3/2010,14:57 Hours IST)
Jagran Prakashan fell 3.15% to Rs 118.50 at 15:00 IST after UK's Independent News & Media sold 7.5% stake in the company for Rs 255 crore in the secondary market. More
Tatia Global hits all-time high on stock-split plan (9/3/2010,14:53 Hours IST)
Tatia Global Venture was locked at 5% upper limit at Rs 110.55 at 14:49 IST on BSE, after the company's board approved a 10-for-1 stock split. More
Jet Airways drops as QIP plan put on hold (9/3/2010,14:23 Hours IST)
Jet Airways India fell 1.48% to Rs 496.85 at 14:20 IST on reports the company has decided to abandon its plans to raise $200 million, or Rs 900 crore, by selling shares to foreign investors in the current fiscal. More
Kale Consultants takes off on new order win (9/3/2010,13:55 Hours IST)
Demerger plan energises Bilpower (9/3/2010,13:47 Hours IST)
ABB recovers on winning new orders (9/3/2010,13:07 Hours IST)
Nissan Copper slides as promoter pledges shares (9/3/2010,12:41 Hours IST)
Profit taking emerges in Hero Honda as the stock hits record high (9/3/2010,12:29 Hours IST)
New order lifts Wipro (9/3/2010,12:22 Hours IST)
Maruti Suzuki speeds up as Suzuki hikes stake (9/3/2010,11:42 Hours IST)
Pidilite Industries strengthens as record date for bonus nears (9/3/2010,11:28 Hours IST)
IT shares harden after encouraging US job data (9/3/2010,11:07 Hours IST)
Cost-reduction plan powers Rama Paper Mills (9/3/2010,11:04 Hours IST)
SE Investments strikes 52-week high on GDR issue plan (9/3/2010,10:29 Hours IST)
Investors withdraw from Bank of Rajasthan as RBI orders special audit (9/3/2010,10:22 Hours IST)
SEL Manufacturing gains on expansion plan (9/3/2010,09:56 Hours IST)
QIP plan charges Exide Industries (9/3/2010,09:54 Hours IST)
NMDC tumbles after pricing FPO at discount (9/3/2010,09:32 Hours IST)
Man Industries shines after winning large overseas order (9/3/2010,09:30 Hours IST)
Tata Motors skids on buzz of Daimler's exit (9/3/2010,09:15 Hours IST)

Click here for hourly updates of Top 50
Market Cap and Volume Ranking during trading

IPO Centre

CM Rating    |    Rate Your IPO & Results
NMDC
A pricey commodity stock
The company's high P/E already captures substantial rise in iron ore prices over the next few years and EV /tonne of iron ore reserves is at significant premium to global peers
DQ Entertainment (International)
Riding the animation bandwagon
The company has large customers and good order book but the low stake of main promoter and low market cap of ultimate holding company at AIM is of concern

IPO News
DQ Entertainment IPO fully bid
Gets bids for 1.49 crore shares compared to 1.32 crore shares on offer
IL&FS Transportation IPO opens on 11 March 2010
Price band fixed at Rs 242-Rs 258
NMDC FPO price band fixed at Rs 300-350
Follow-on public offer to open on Wednesday 10 March 2010

Foreign Markets
US stocks manage to end day on a steady note
Major indices pare most of their intra day gains as dollar stays strong
Futures Market
Nifty March 2010 futures at discount
Turnover declines
Other Markets
Bullion metals shed little glaze (10/3/2010,00:38 Hours IST)
Prices drop as dollar remains strong
Crude ends little lower (10/3/2010,00:36 Hours IST)
Prices manage to recover from intra day lows
Market Cap
Top 50 Companies, Industrial houses, Industries and Top 25 'A', Top 50 'B' group companies for the year, month, week and day ended 09 March, 2010.

Commodity Market
Losses Exacerbate For Gold (9/3/2010,17:24 Hours IST)
Investors flee off the yellow metal as dollar rises under 1.3600 against euro
Jeera Futures Extend Early Gains As Short Covering Continues (9/3/2010,17:06 Hours IST)

Pepper Futures Pare Early Profits On Profit Taking (9/3/2010,16:54 Hours IST)

Copper Declines On Lower Support From Dollar (9/3/2010,16:49 Hours IST)

Lackluster Day For Indian Rupee (9/3/2010,11:36 Hours IST)
Weakness In Local And Regional Equities Weigh On Domestic Currency
Turmeric Futures Come Off From High (9/3/2010,11:11 Hours IST)
Refined Soy Oil Under Stress On Weakness In Spot (9/3/2010,10:37 Hours IST)
Profit Booking In Gold (9/3/2010,09:42 Hours IST)
Copper Rolls Back On Low Triggers (9/3/2010,09:27 Hours IST)
Market Beat
FII inflow crosses Rs 9000 crore in calendar year 2010
Inflow of Rs 2259.50 crore on 8 March 2010
Record date for Well Pack Papers & Containers stock split & bonus issue announced
It is 17 March 2010
Record date for Engineers India special interim dividend announced
It is 29 March 2010
Record date for Prism Cement interim dividend announced
It is 17 March 2010
Special Feature
Automobiles: Passthrough protected
Excise duty hiked by 2%, but cut in effective personal taxes to boost affordability
Budget 2010-11: Focus on growth and fiscal health
Signals rollback of stimulus and more spending surplus. Inflation could be the spinoff
Insurance
Bharti AXA General Insurance offers 10% discount for women on health plans

IPL-3 takes record insurance cover

HDFC ERGO has been rated iAAA by ICRA

HDFC ERGO receives ISO 9001:2008 certification

Mutual Funds
Mutual funds continue selling
Outflow worth Rs 200.70 crore on 8 March 2010
Quantum Gold Savings Fund files offer document with Sebi
An open ended fund of fund scheme
Pharma Funds Gloom with Healthy Returns

ICICI Pru FMP–– Series 51 – 14 Months Plan D
NFO Period from 9 March to 11 March 2010
SBI Magnum Equity Fund (G) outperforms the BSE 100 over most of the time periods
It takes 97% of exposure in equities in February 2010
Fortis MF Announces Change in Features of Sustainable Development Fund
Edelweiss MF Announces Dividend
ICICI Pru MF Unveils 14 Months Plan
UTI MF Adds 2 More Schemes to Mutual Fund Platform
ICICI Pru MF Extends NFO Closure Date for FMP Series 51 – 3 Years Plan F
Bharti AXA Announces Change in Infrastructure Fund
IDFC MF Announces Change in All Seasons Bond Fund
Analyst Meet / AGM / Press Meet / Conference
Hindustan Tin Works
Targets PAT of Rs 18 crore in FY'12
Deepak Nitrite
Expects growth of 12-15% in FY'11

Capital Market - Live News

End - Session Commentary
9 March
RIL leads decline
Full Review(17:14 Hours IST)
Market extends losses in late trade
Quick Review(15:51 Hours IST)
Mid - Session Commentary
9 March
Sensex retraces after hitting fresh intraday high; breadth weak (14:33 Hours IST)
RIL remains subdued (13:25 Hours IST)
NMDC leads decline in PSUs (12:32 Hours IST)
Breadth weak (11:31 Hours IST)
Metal, realty stocks edge lower (10:31 Hours IST)
Tata Motors tumbles over 3% on huge volume (09:30 Hours IST)
Stock Alert
9 March
Tata Motors will be watched on Daimler's likely exit (08:37 Hours IST)
Pre - Session Commentary
9 March
Flat-to-positive opening likely on mixed global cues(08:37 Hours IST)

UPDATES

Pledged Share Disclosures - Dec 2009

Fall in FII holding - Dec 2009

Rise in FII holding - Dec 2009

Fall in promoter holding - Dec 2009

Rise in promoter holding - Dec 2009

Buybacks in 2010

Open offers in 2010

IPOs in 2010


Market Watch
Results
For the day
Corporate Results
Micro Forge India reports net loss of Rs 0.12 crore in the June 2009 quarter
No sales reported during the year
Micro Forge India reports net loss of Rs 0.05 crore in the September 2009 quarter
No sales reported during the quarter
Micro Forge India reports no net profit or loss in the December 2009 quarter
No sales reported during the quarter
Shree Digvijay Cement Company reports net profit of Rs 35.70 crore in the year ended December 2009
Sales reported at Rs 263.28 crore
Gujarat State Financial Corporation reports net loss of Rs 40.44 crore in the September 2009 quarter
Sales decline 85.94% to Rs 4.15 crore
Cethar Industries reports net loss of Rs 2.70 crore in the December 2009 quarter
Lime Chemicals reports net loss of Rs 0.57 crore in the December 2009 quarter
Southern Gas reports net profit of Rs 0.31 crore in the December 2009 quarter
Umred Agro Complex net profit rises 32.05% in the December 2009 quarter
Jalpac India reports net loss of Rs 0.33 crore in the December 2009 quarter
All Dec.'09 Qtr. Results
Aggregates
Our Analysis
Archive
Our Analysis
Bosch
Robust performance
Gujarat Gas
RLNG compensates for shortfall in PMT gas
Corporate News
Radha Madhav Corporation's director resigns
With effect from 08 March 2010
Bajaj Steel Industries appoints additional director
With effect from 08 March 2010
Chembond Chemicals to hold board meeting
On 17 March 2010
Sakthi Sugars to allot equity shares
Board meeting on 13 March 2010
Thomas Cook to announce financial results
Board meeting on 17 March 2010
Diamond Power to manufacture HT & LT cables
LOT Polish Airlines selects Kale's passenger revenue accounting solution 'REVERA'
Geometric releases version 7.1 of eDrawings Professional
Kalindee Rail Nirman to raise funds
Moser Baer achieves 7.3% module efficiency through its proprietary process
Fact Enterprise issues warrants
Thomas Cook expands its franchisee operations
Glory Polyfilms' director resigns
UT to issue & allot equity shares
Gulshan Polyols' secured creditors approves scheme of amalgamation
Gulshan Polyols' creditors approves scheme of amalgamation
Gulshan Polyols' shareholders approves scheme of amalgamation
Aptech's equity shareholders approves scheme of amalgamation
Nouveau Multimedia's director resigns
Anik Industries appoints additional directors
National Peroxide's board approves further expansion of its capacity
Pennar commissions its new Rotary compressor housing manufacturing lines
ABB wins power orders worth US$ 22 million
HB Estate Developers' director resigns
Ispat Industries' director resigns
BN Rathi Securities to hold board meeting
Jindal Hotels to hold board meeting
Southern Online Bio Technologies' board approves conversion of warrants
Foods & Inns recommends dividend
Camphor & Allied Products' CFO resigns
Ugar Sugar Works appoints additional director
Bala Techno Global to allot equity shares
Garware Offshore Services secures contract
Minal Engineering to hold board meeting
Bilpower's board approves scheme of arrangement
D&H Welding Electrodes India to allot warrants
Patni wins award for innovative HR practices
Patel Engineering receives approval from Government of India for coal linkage
Indo Asian Finance's members approves bonus shares
UltraTech Cement allots equity shares
Wipro signs a strategic contract with Financial Intelligence Unit, India
Tatia Global Vennture to hold board meeting
Videocon Industries to hold board meeting
Marsons to increase authorised capital
Diamant Investment & Finance to hold board meeting
IVRCL Infrastructures & Projects to increase authorised share capital
Morarjee Textiles' director resigns
Nicco Corporation's board approves scheme of arrangement
Government of Gujarat appoints A. K. Joti as chairman & director of Gujarat Alkalies
Saraswati Industrial Syndicate to consider interim dividend
Indowind Energy to hold board meeting
Subuthi Finance to hold board meeting
Punj Lloyd allots equity shares
Shoppers Stop opens its store at Amritsar
Sujana Towers' board approves to convert warrants into equity shares
Diamant Investment & Finance to increase authorised share capital
BNK Capital Markets allots equity shares
Sudal Industries to allot equity shares
ICICI Bank allots equity shares
Clutch Auto appoints additional director
Passari Cellulose to hold board meeting
STOCK INDICES 09 Mar   
± Adv. Dec.
BSE 17052.54 -50.06 992 1841
NSE 5101.50 -22.50 373 938
Skindia GDR Index 05 Mar   
± Adv. Dec.
Skindia GDR 2762.15 54.61 13 1
Source: Instanex Capital
FOREX 09 Mar   
GBP/$ 1.4944/1.4948 $/Yen 89.7600/89.7800
EUR/$ 1.3558/1.3560 $/INR 45.6200/6300
Personal Finance
Tax Matters: I have two homes. For which home can I claim HRA?
Deduction on HRA can be claimed for the period the rental accommodation is occupied in the previous year
Investment Strategy: Right to entry
Exceptional component declined in the December 2009 quarter over the December 2008 quarter
Out of the ordinary
Exceptional gains and expenses in the December 2009 quarter
For your consideration
Comments and qualifications by statutory auditors on the December 2009 quarter results
In the court of law
Companies with disputes including litigations and contingencies in the December 2009 quarter
Investment Strategy: Valuable footnotes
The notes to account published along with the quarterly results can ensure fair comparison between two companies in the same industry
Taxation: A charitable view
The excess of the expenditure incurred by a trust in an earlier year can be adjusted against the surplus of the subsequent year




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