MARKET BUZZZ 30TH AUG 2013

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NIFTY WEEKLY RANGE FOR THE WEEK 26TH AUG -- 30TH AUG 5326 -- 5616. Either Side Sustaining Will Give 106 Points More, High 5528.70, Low 5118.85, Closed 5471.80.
Stock Updates
Volumes jump at Hatsun Agro Product counter, Hexaware Technologies, Cipla, Jindal Steel and Power and Wipro are among the other stocks to see a surge in volumes on BSE today, 30 August 2013.
Hatsun Agro Product clocked volume of 6.96 lakh shares on BSE, a 144.4-times surge over two-week average daily volume of 5,000 shares. The stock close at Rs. 141.25 after multiple block deals aggregating 5.9 lakh shares were executed on BSE. Two block deals of 1 lakh shares each were executed at Rs 150 per share at 10:29 IST. Another block deal of 1 lakh shares was executed at Rs 145 per share at around same time. One more block deal of 1.9 lakh shares was executed at Rs 150 per share at 10:40 IST. Another block deal of 1 lakh shares was executed at Rs 150 per share at 10:42 IST. The block deals constituted 0.54% of Hatsun Agro Products' equity.
Hexaware Technologies notched up volume of 17.44 lakh shares, a 3.1-fold surge over two-week average daily volume of 4.94 lakh shares. The stock lost 0.7% to Rs 128.15.
Cipla saw volume of 3.55 lakh shares, a 2.39-fold surge over two-week average daily volume of 99,000 shares. The stock surged 5.29% at Rs 416.95.
Jindal Steel and Power (JSPL) clocked volume of 11.84 lakh shares, a 1.77-fold surge over two-week average daily volume of 4.42 lakh shares. The stock tumbled 9.24% at Rs 221.90 after the company's board of directors approved buyback of equity shares.
JSPL's board of directors at its meeting held today, 30 August 2013, unanimously approved the buy-back of equity shares from its existing shareholders (other than the company's promoters, promoter group, persons in control and persons acting in concert), at a price not exceeding Rs 261 per share, up to an aggregate amount not exceeding Rs 1000 crore from the open market through the stock exchange(s), provided, inter alia, that such buy-back shall be equal to or less than 10% of the company's total paid-up equity capital and free reserves.
Wipro clocked volume of 5.49 lakh shares, a 1.72-fold surge over two-week average daily volume of 1.71 lakh shares. The stock rose 2% at Rs 483.90.
COURTESY : CAPITAL MARKET

MARKET BUZZZ 29TH AUG 2013

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NIFTY WEEKLY RANGE FOR THE WEEK 26TH AUG -- 30TH AUG 5326 -- 5616. Either Side Sustaining Will Give 106 Points More, High 5528.70, Low 5118.85, Closed 5409.05.
Stock Updates
Volumes jump at Muthoot Finance counter, Sesa Goa, JSW Steel and Coal India are among the other stocks to see a surge in volumes on BSE today, 29 August 2013.
Muthoot Finance clocked volume of 6.65 lakh shares on BSE, a 3.67-times surge over two-week average daily volume of 1.19 lakh shares. The stock surged  to Rs 120.95.
Sesa Goa notched up volume of 58.06 lakh shares, a 2.05-fold surge over two-week average daily volume of 18.81 lakh shares. The stock jumped to Rs 192.50.
JSW Steel saw volume of 7.54 lakh shares, a 1.91-fold surge over two-week average daily volume of 3.08 lakh shares. The stock surged 6.70% to Rs 569.45.
Coal India clocked volume of 4.07 lakh shares, a 1.38-fold surge over two-week average daily volume of 2.41 lakh shares. The stock lost 1.5% at Rs 249.95.
COURTESY : CAPITAL MARKET

MARKET BUZZZ 28TH AUG 2013

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NIFTY WEEKLY RANGE FOR THE WEEK 26TH AUG -- 30TH AUG 5326 -- 5616. Either Side Sustaining Will Give 106 Points More, High 5528.70, Low 5118.85, Closed 5285.
Stock Updates
Volumes jump at Triveni Turbine counter, Thermax, Tata Motors DVR, ONGC and Adani Enterprises are among the other stocks to see a surge in volumes on BSE today, 28 August 2013.
Triveni Turbine clocked volume of 15.88 lakh shares on BSE, a 541.17-times surge over two-week average daily volume of 3,000 shares. The stock rose to close at Rs 48.90.
Thermax notched up volume of 1.31 lakh shares, a 9.88-fold surge over two-week average daily volume of 13,000 shares. The stock lost 1.74% at Rs 549.90.
Tata Motors DVR saw volume of 11.86 lakh shares, a 9.31-fold surge over two-week average daily volume of 1.24 lakh shares. The stock close at Rs. 144.40.
ONGC clocked volume of 21.31 lakh shares, a 4.75-fold surge over two-week average daily volume of 4.49 lakh shares. The stock tumbled 8% at Rs 238.50.
Adani Enterprises saw volume of 7.73 lakh shares, a 3.62-fold rise over two-week average daily volume of 2.14 lakh shares. The stock lost 0.61% at Rs 147.
COURTESY : CAPITAL MARKET

MARKET BUZZZZ 27TH AUG 2013

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Volumes jump at Asahi India Glass counter, Just Dial, Bosch, Cadila Healthcare and Oracle Financial Services Software are among the other stocks to see a surge in volumes on BSE today, 27 August 2013.
Asahi India Glass clocked volume of 29.25 lakh shares on BSE, a 248.14-times surge over two-week average daily volume of 12,000 shares. The stock lost 0.50% to Rs 31 after 1.2% equity changed hands in two bulk deals today, 27 August 2013.
Just Dial notched up volume of 2.76 lakh shares, a 49.47-fold surge over two-week average daily volume of 6,000 shares. The stock closed flat to Rs 676.35.
Bosch saw volume of 17,275 shares, a 33.2-fold surge over two-week average daily volume of 1,000 shares. The stock close to Rs 8,151.20.
Cadila Healthcare clocked volume of 3.03 lakh shares, a 12.03-fold surge over two-week average daily volume of 25,000 shares. The stock lost 0.35% at Rs 654.45.
Oracle Financial Services Software saw volume of 51,529 shares, a 5.25-fold rise over two-week average daily volume of 10,000 shares. The stock rose 0.31% at Rs 2,837.
COURTESY : CAPITAL MARKET

MARKET BUZZZ 26TH AUG 2013

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NIFTY WEEKLY RANGE FOR THE WEEK 26TH AUG -- 30TH AUG 5326 -- 5616. Either Side Sustaining Will Give 106 Points More, High 5528.70, Low 5454.45, Closed 5476.50.
Stock Updates
Volumes jump at CMC counter, Binny Mills, Hexaware Technologies, IDFC and Sesa Goa are among the other stocks to see a surge in volumes on BSE today, 26 August 2013.
CMC clocked volume of 1.16 lakh shares  on BSE, a 243.19-times surge over two-week average daily volume of 468 shares. The stock rose 2.45% to Rs 1,317.65.
Binny Mills notched up volume of 2.74 lakh shares, a 3.18-fold surge over two-week average daily volume of 86,000 shares. The stock lost 2% to Rs 770.20, which is also its record low for the counter.
Hexaware Technologies saw volume of 13 lakh shares, a 2.88-fold surge over two-week average daily volume of 3.54 lakh shares. The stock jumped 6.20% to Rs 128.15 after the company said that Baring Private Equity Asia on Friday agreed to buy a controlling stake in the company for about $420 million.
IDFC clocked volume of 33.56 lakh shares, a 2.65-fold surge over two-week average daily volume of 9.07 lakh shares. The stock tumbled 6.54% to Rs 94.95 after the company said that the ceiling limit in respect of overall foreign shareholding in the company's shares has been reduced to 54% of the company's equity from 74% earlier.
Sesa Goa saw volume of 37.40 lakh shares, a 2.44-fold rise over two-week average daily volume of 9.90 lakh shares. The stock surged 10.56% to Rs 167.25 ahead of its inclusion in the BSE Sensex on Tuesday.
courtesy : capital market

MARKET BUZZZ 23RD AUG 2013

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Nifty Weekly Range For The Week 19th Aug To 23rd Aug  5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5504.10, Low 5254.05, Closed 5471.75.
Stock Updates
Volumes jump at Amara Raja Batteries counter, Lakshmi Machine Works, Binny Mills, TV18 Broadcast and Ruchi Soya Industries are among the other stocks to see a surge in volumes on BSE today, 23 August 2013.
Amara Raja Batteries clocked volume of 8.69 lakh shares on BSE, a 8.74-times surge over two-week average daily volume of 93,000 shares. The stock rose 0.60% to Rs 248.55.
Lakshmi Machine Works notched up volume of 56,231 shares, a 5.55-fold surge over two-week average daily volume of 10,000 shares. The stock fell 1.35% to Rs 1,787.75.
Binny Mills saw volume of 2.30 lakh shares, a 3.37-fold surge over two-week average daily volume of 68,000 shares. The stock fell 2% to Rs 785.90.
TV18 Broadcast clocked volume of 49.26 lakh shares, a 3.09-fold surge over two-week average daily volume of 14.93 lakh shares. The stock rose 1.32% to Rs 17.75.
Ruchi Soya Industries saw volume of 27.26 lakh shares, a 2.50-fold rise over two-week average daily volume of 8.84 lakh shares. The stock close to Rs 31.95.
courtesy : capital market

MARKET BUZZZ 22ND AUG 2013

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Nifty Weekly Range For The Week 19th Aug To 23rd Aug  5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5504.10, Low 5254.05, Closed 5408.45.
Stock Updates
Volumes jump at UltraTech Cement counter, Cummins India, Cadila Healthcare, Glenmark Pharmaceuticals and Binny Mills are among the other stocks to see a surge in volumes on BSE today, 22 August 2013.
UltraTech Cement clocked volume of 12.48 lakh shares by 12:56 IST on BSE, a 254.34-times surge over two-week average daily volume of 5,000 shares. The stock was flat at Rs 1,623. A large block deal of 11.86 lakh shares was executed on BSE at the onset of the trading session at Rs 1,630 per share.
Cummins India notched up volume of 11.63 lakh shares, a 43.90-fold surge over two-week average daily volume of 27,000 shares. The stock fell 0.72% to Rs 371.25.
Cadila Healthcare saw volume of 1.56 lakh shares, a 17.36-fold surge over two-week average daily volume of 9,000 shares. The stock fell 0.96% to Rs 652.05.
Glenmark Pharmaceuticals clocked volume of 3.79 lakh shares, a 11.11-fold surge over two-week average daily volume of 34,000 shares. The stock fell 0.35% to Rs 514.15.
Binny Mills saw volume of 2.50 lakh shares, a 6.78-fold rise over two-week average daily volume of 37,000 shares. The stock fell 2% to Rs 801.90.
courtesy : capital market

MARKET BUZZZ 21ST AUG 2013

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Nifty Weekly Range For The Week 19th Aug To 23rd Aug  5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5504.10, Low 5268.45, Closed 5302.55.
Stock Updates
Volumes jump at Binny Mills counter, Apollo Hospitals Enterprise, LIC Housing Finance, Yes Bank and Sesa Goa are among the other stocks to see a surge in volumes on BSE today, 21 August 2013.
Binny Mills clocked volume of 1.25 lakh shares by 12:30 IST on BSE, a 5.88-times surge over two-week average daily volume of 21,000 shares. The stock fell 1.99% to Rs 818.25.
Apollo Hospitals Enterprise notched up volume of 61,000 shares, a 2.72-fold surge over two-week average daily volume of 22,000 shares. The stock jumped 8.64% to Rs 895.45.
LIC Housing Finance saw volume of 13.45 lakh shares, a 2.20-fold surge over two-week average daily volume of 6.10 lakh shares. The stock climbed 6.31% to Rs 166.90 on bargain hunting after the stock fell 13.28% in the preceding three sessions to Rs 157 on 20 August 2013, from a recent high of Rs 181.05 on 14 August 2013.
Yes Bank clocked volume of 48.80 lakh shares, a 2.05-fold surge over two-week average daily volume of 23.82 lakh shares. The stock spurted 13.94% to Rs 276.60.
Sesa Goa saw volume of 8.39 lakh shares, a 1.48-fold rise over two-week average daily volume of 5.67 lakh shares. The stock fell 3.29% to Rs 145.70.
courtesy : capital market

MARKET BUZZ 20TH AUG 2013

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Nifty Weekly Range For The Week 19th Aug To 23rd Aug  5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5499.65, Low 5306.35, Closed 5401.45.
Stock Updates
Volumes jump at Info Edge (India) counter, Binny Mills, Maruti Suzuki India, Hexaware Technologies and Sterlite Industries (India) are among the other stocks to see a surge in volumes on BSE today, 20 August 2013.
Info Edge (India) clocked volume of 4 lakh shares by 12:38 IST on BSE, a 6.47-times surge over two-week average daily volume of 62,000 shares. The stock fell 0.47% to Rs 305.
Binny Mills notched up volume of 70,000 shares, a 5.60-fold surge over two-week average daily volume of 13,000 shares. The stock fell 2% to Rs 834.90.
Maruti Suzuki India saw volume of 1.20 lakh shares, a 2.52-fold surge over two-week average daily volume of 47,000 shares. The stock fell 1.73% to Rs 1,286.45.
Hexaware Technologies clocked volume of 4.89 lakh shares, a 1.97-fold surge over two-week average daily volume of 2.48 lakh shares. The stock tumbled 6.81% to Rs 115.60. According to media reports, Baring Private Equity Partners Asia is set to buy Hexaware in a deal estimated at about $400 million. Baring Asia is in advanced talks to acquire 42% stake held by promoter Atul Nishar family and private equity investor General Atlantic Partners. The acquirer would follow it up with the mandatory open offer for an additional 26% shares, pegging the size of the final deal between $350 and $400 million, the media report added.
Sterlite Industries (India) saw volume of 8.09 lakh shares, a 1.49-fold rise over two-week average daily volume of 5.44 lakh shares. The stock rose 0.92% to Rs 76.40.
courtesy : capital market

MARKET BUZZ 19TH AUG 2013

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Nifty Weekly Range For The Week 19th Aug To 23rd Aug  5360 -- 5658, Either Side Sustaining Will Give 65 Points More, High 5499.65, Low 5360.65, Closed 5414.75.
Stock Updates
Volumes jump at Bajaj Finance counter, Oracle Financial Services Software, Exide Industries, Cairn India and Bank of Baroda are among the other stocks to see a surge in volumes on BSE today, 19 August 2013.
Bajaj Finance clocked volume of 80,000 shares by 12:40 IST on BSE, a 9.42-times surge over two-week average daily volume of 9,000 shares. The stock tumbled 3.07% to Rs 1,115.15.
Oracle Financial Services Software notched up volume of 43,000 shares, a 8.86-fold surge over two-week average daily volume of 5,000 shares. The stock fell 0.13% to Rs 2,900.
Exide Industries saw volume of 4.58 lakh shares, a 6.23-fold surge over two-week average daily volume of 70,000 shares. The stock fell 2.29% to Rs 128.05.
Cairn India clocked volume of 3.30 lakh shares, a 1.68-fold surge over two-week average daily volume of 1.26 lakh shares. The stock rose 0.65% to Rs 302.95.
Bank of Baroda saw volume of 3.07 lakh shares, a 1.06-fold rise over two-week average daily volume of 1.83 lakh shares. The stock tumbled 5.85% to Rs 451.50.
courtesy : capital market

MARKT BUZZ 14TH AUG 2013

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Nifty Weekly Range For The Week 12th Aug To 16th Aug  5432 -- 5720, Either Side Sustaining Will Give 86 Points More, High 5754.55 Low 5557.10, Closed 5742.30.
Stock Updates
Volumes jump at Birla Corporation counter, Jubilant Life Sciences, Gujarat Pipavav Port, Lakshmi Machine Works and Astrazeneca Pharma India are among the other stocks to see a surge in volumes on BSE today, 14 August 2013.
Birla Corporation clocked volume of 2.76 lakh shares on BSE, a 422.23-times surge over two-week average daily volume of 1,000 shares. The stock rose 2.93% to Rs 225.
Jubilant Life Sciences notched up volume of 30.55 lakh shares, a 242.98-fold surge over two-week average daily volume of 12,000 shares. The stock surged 2.57% at Rs 89.40
Gujarat Pipavav Port saw volume of 15.07 lakh shares, a 141.38-fold surge over two-week average daily volume of 11,000 shares. The stock surged 3.64% to Rs 47.
Lakshmi Machine Works clocked volume of 43,159 shares, a 60.8-fold surge over two-week average daily volume of 1,000 shares. The stock lost 0.64% to Rs 1,822.60.
Astrazeneca Pharma India saw volume of 1.91 lakh shares, a 14.97-fold rise over two-week average daily volume of 9,000 shares. The stock galloped to Rs 880.50 after the company reported a net profit of Rs 1.76 crore in Q1 June 2013 compared with a net loss of Rs 8.14 crore in Q1 June 2012. The result was announced at the fag end of the trading session on Tuesday, 13 August 2013.
courtesy : capital market

MARKET BUZZZ 12TH AUG 2013

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Nifty Weekly Range For The Week 12th Aug To 16th Aug  5432 -- 5720, Either Side Sustaining Will Give 86 Points More, High 5644.10, Low 5557.10, Closed 5612.40.
Stock Updates
Volumes jump at Britannia Industries counter, Divi's Laboratories, Power Grid Corporation of India, Adani Enterprises and Aditya Birla Nuvo are among the other stocks to see a surge in volumes on BSE today, 12 August 2013.
Britannia Industries clocked volume of 3.43 lakh shares on BSE, a 24.55-times surge over two-week average daily volume of 12,000 shares. The stock surged 5.56% to Rs 732 after consolidated net profit jumped 93% to Rs 89.50 crore on 14% growth in revenue to Rs 1539.60 crore in Q1 June 2013 over Q1 June 2012. The Q1 result was announced during trading hours today, 12 August 2013.
Divi's Laboratories notched up volume of 2.20 lakh shares, a 15-fold surge over two-week average daily volume of 12,000 shares. The stock surged 4.18% to Rs 1,010.
Power Grid Corporation of India (PGCIL) saw volume of 21.11 lakh shares, a 4.13-fold surge over two-week average daily volume of 4.99 lakh shares. The stock fell 1% to Rs 94.95
Adani Enterprises clocked volume of 11.12 lakh shares, a 3.53-fold surge over two-week average daily volume of 2.98 lakh shares. The stock rose 1.75% to Rs 169.20
Aditya Birla Nuvo (ABNL) saw volume of 93,676 shares, a 2.88-fold rise over two-week average daily volume of 30,000 shares. The stock surged 5.59% at Rs 1192.05 after consolidated net profit rose 24.16% to Rs 331.33 crore on 7.92% growth in revenue to Rs 5744.54 crore in Q1 June 2013 over Q1 June 2012. The Q1 result was announced on Friday, 9 August 2013.
courtesy : capital market

MARKET BUZZZ 08TH AUG 2013

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Nifty Weekly Range For The Week 05th Aug To 08th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5486.85, Closed 5565.65.
Stock Updates
Volumes jump at Page Industries counter, Gitanjali Gems, MCX, Bharat Forge and Ranbaxy Laboratories are among the other stocks to see a surge in volumes on BSE today, 8 August 2013.
Page Industries clocked volume of 44,200 shares on BSE, a 71.99-times surge over two-week average daily volume of 275 shares.
Gitanjali Gems notched up volume of 34.36 lakh shares, a 47.53-fold surge over two-week average daily volume of 72,000 shares. The stock hit a lower circuit limit of 4.96% to Rs 59.45. The company unveils Q1 results on 14 August 2013.
MCX saw volume of 20.14 lakh shares, a 25.90-fold surge over two-week average daily volume of 59,000 shares.
Bharat Forge clocked volume of 4.16 lakh shares, a 12.64-fold surge over two-week average daily volume of 20,000 shares. The stock surged to Rs 231.20 after net profit surged 80.8% to Rs 90.60 crore on 17.3% increase in total revenues to Rs 791.50 crore in Q1 June 2013 over Q4 March 2013. The company announced the results before trading hours today, 8 August 2013. Earnings before interest, taxes, depreciation and amortization (EBITDA) jumped 28.5% to Rs 196 crore in Q1 June 2013 over Q4 March 2013. EBITDA margin increased to 24.8% in Q1 June 2013 compared with 22.6% in Q4 March 2013.
Ranbaxy Laboratories saw volume of 30.98 lakh shares, a 4.21-fold rise over two-week average daily volume of 2.30 lakh shares. The stock surged to Rs 359.40 after the company reported improved Q2 results after trading hours on Wednesday, 7 August 2013. The company reported consolidated net loss of Rs 524.24 crore for Q2 June 2013, lower than net loss of Rs 585.72 crore in Q2 June 2012. Sales declined 17.83% to Rs 2633.20 crore in Q2 June 2013 over Q2 June 2012. Ranbaxy said that base business sales registered double digit growth and base business margins continued to improve in Q2 June 2013.
courtesy : capital market

MARKET BUZZZ 07TH AUG 2013

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Nifty Weekly Range For The Week 05th Aug To 09th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5486.85, Closed 5519.10.
Stock Updates
Volumes jump at Marico counter, Strides Arcolab, Opto Circuits (India), Tata Power Company, and Asian Paints are among the other stocks to see a surge in volumes on BSE today, 7 August 2013.
Marico clocked volume of 24.26 lakh shares on BSE, a 116.98-times surge over two-week average daily volume of 21,000 shares. The stock lost 3.% to Rs 201.60 after three bulk deals aggregating 3.60 lakh shares were executed on BSE at Rs 200 per share.
Strides Arcolab notched up volume of 7.33 lakh shares, a 6.47-fold surge over two-week average daily volume of 1 lakh shares. The stock jumped to Rs 811.30 after the finance ministry on Tuesday, 6 August 2013, said that the government has kept in abeyance decision on Strides Arcolab's proposal to sell its specialties subsidiary, Agila Specialties to US based Mylan Inc. till DIPP finalizes policy on FDI in brown field pharma projects involving transfer of control. Strides Arcolab had in February 2013 announced the sell of Agila Specialties to Mylan Inc. for a net consideration of about $1.725 billion.
Opto Circuits (India) clocked volume of 37.01 lakh shares, a 2.48-fold surge over two-week average daily volume of 12 lakh shares. The stock galloped 20.52% to Rs 22.90.
Tata Power Company saw volume of 16.25 lakh shares, a 2.48-fold surge over two-week average daily volume of 4.46 lakh shares. The stock rose 6.08% to Rs 76.95
Asian Paints saw volume of 2.76 lakh shares, a 2.16-fold rise over two-week average daily volume of 90,000 shares. The stock lost 2.95% to Rs 423.65
courtesy : capital market

MARKET BUZZZ 06TH AUG 2013

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Nifty Weekly Range For The Week 05th Aug To 09th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5521.80, Closed 5542.25.
Stock Updates
Volumes jump at Zydus Wellness counter, Crompton Greaves, Siemens, Jain Irrigation Systems and Just Dial are among the other stocks to see a surge in volumes on BSE today, 6 August 2013.
Zydus Wellness clocked volume of 1.97 lakh shares by 13:40 IST on BSE, a 13.4-times surge over two-week average daily volume of 15,000 shares. The stock lost 0.98% to Rs 617.80.
Crompton Greaves notched up volume of 33.97 lakh shares, a 7.97-fold surge over two-week average daily volume of 4.26 lakh shares. The stock rose 1.89% to Rs 83.60. Crompton Greaves' consolidated net profit declined 30.05% to Rs 60.08 crore on 12.31% growth in total income from operations to Rs 3157.22 crore in Q1 June 2013 over Q1 June 2012. The Q1 result was announced during trading hours today, 6 August 2013.
Siemens saw volume of 1.83 lakh shares, a 4.05-fold surge over two-week average daily volume of 45,000 shares. The stock lost 2.8% to Rs 426.65. Siemens during trading hours today, 6 August 2013 said that a consortium comprising Siemens, Siemens AG and Siemens China has secured an order for a turnkey project worth approximately 70 million euros from IL&FS Rail, a subsidiary of Infrastructure Leasing and Financial Services. The share of the order value for Siemens is Rs 184.1 crore.
Jain Irrigation Systems clocked volume of 18.68 lakh shares, a 3.84-fold surge over two-week average daily volume of 4.87 lakh shares. The stock tumbled 5.03% to Rs 48.15 after two bulk deals aggregating 15 lakh shares were executed on BSE. A block deal of 10 lakh shares was executed at Rs 48.60 per share at 11:45 IST. Another block deal of 5 lakh shares was executed at Rs 48.75 per share at 11:56 IST. The two bulk deals constitute 0.32% of Jain Irrigation Systems' equity.
Just Dial saw volume of 86,000 shares, a 3.29-fold rise over two-week average daily volume of 26,000 shares. The stock lost 1.92% to Rs 665.
courtesy : capital market

MARKET BUZZZ 05TH AUG 2013

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Nifty Weekly Range For The Week 05th Aug To 09th Aug 5545 -- 5815 ! Either Side Sustaining Will Give 96 Points More, High 5721, Low 5661.50, Closed 5685.40.
Stock Updates
Volumes jump at Hero MotoCorp counter, Bharat Heavy Electricals, Financial Technologies (India), Pipavav Defence and Offshore Engineering and IndusInd Bank are among the other stocks to see a surge in volumes on BSE today, 5 August 2013.
Hero MotoCorp clocked volume of 11.48 lakh shares on BSE, a 26.99-times surge over two-week average daily volume of 42,000 shares. The stock rose 4% to Rs 1,853.45.
Bharat Heavy Electricals (Bhel) notched up volume of 33.35 lakh shares, a 3.7-fold surge over two-week average daily volume of 6.13 lakh shares. The stock slumped 19.24% to Rs 120.90 after net profit fell 49.5% to Rs 465.43 crore on 23.7% decline in net sales to Rs 6352.55 crore in Q1 June 2013 over Q1 June 2012. Bhel's operating profit margin (OPM) crashed to the extent of 820 basis points (bps) year on year (YoY) to 6% during the quarter, largely on account of under recovery of capacity. This resulted in operating profit declining by 68% to Rs 388.58 crore.
Bhel's finance costs surged 402.89% to Rs 27.76 crore in Q1 June 2013 over Q1 June 2012. Bhel had an outstanding order book position of about Rs 108600 crore as on 30 June 2013, lower than Rs 115160 crore as on 31 March 2013 and Rs 122300 crore as on 30 June 2012.
Pipavav Defence and Offshore Engineering clocked volume of 8.68 lakh shares, a 2.77-fold surge over two-week average daily volume of 2.79 lakh shares. The stock rose 0.30% to Rs 67.10.
IndusInd Bank saw volume of 6.70 lakh shares, a 2.32-fold rise over two-week average daily volume of 2.61 lakh shares. The stock rose 0.14% to Rs 390.95.
courtesy : capital market

MARKET BUZZZ 01ST AUG 2013

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Nifty Weekly Range For The Week 29th July To 02nd Aug 5756 -- 6020 ! Either Side Sustaining Will Give 85 Points More, High 5886, Low 5675.75, Closed 5727.85.
Stock Updates
Volumes jump at Financial Technologies (India) counter, ACC, IRB Infrastructure Developers, Multi Commodity Exchange of India and Raymond are among the other stocks to see a surge in volumes on BSE today, 1 August 2013.
inancial Technologies (India) clocked volume of 45.34 lakh shares by 13:37 IST on BSE, a 28.17-times surge over two-week average daily volume of 1.61 lakh shares. The stock tumbled 58.27% to Rs 226 after the National Spot Exchange, a commodities exchange, on Wednesday, 31 July 2013, said it has suspended trading of contracts, other than e-Series contracts till further notice. Financial Technologies is one of the two promoters of the National Spot Exchange. The National Spot Exchange said it has also decided to merge the delivery and settlement of all pending contracts and deferred the same for a period of 15 days. Consequently, the positions outstanding in the contracts will be settled by way of delivery and payment after expiry of 15 days. The exchange will announce a revised settlement calendar and contracts due for settlement after this 15 days period, it said.
The National Spot Exchange said that following the directions issued by the Department of Consumer Affairs, Government of India on 12 July 2013, the exchange had given an undertaking to the Government and simultaneously introduced T+10 contracts with Trade for Trade settlements. This was done with a view to ensure orderly participation without creating any negative sentiments in the market, it said. Such structural change has disrupted the market equilibrium as volumes on the exchange have gone down significantly. It created conflicting views in the minds of large number of members that there are certain regulatory issues pertaining to the contracts running on the exchange in view of the government's direction dated 12 July 2013, which has been widely reported in media. This abrupt action has created uncertainty and doubt about continuity of trading on the exchange and hence most of the participants started withdrawing from the market, the National Spot Exchange said. While the exchange has run successfully without any disruption since last five years, such structural change has created market disequilibrium, leading to this scenario, it said.
The exchange will ensure that the process of settlement takes place in orderly manner and all participants get their rightful dues in accordance with Rules and Bylaws of the Exchange keeping in view the interest of the participants, it said.
ACC notched up volume of 9.46 lakh shares, a 23.82-fold surge over two-week average daily volume of 40,000 shares. The stock lost 0.35% to Rs 1,167.25.
IRB Infrastructure Developers saw volume of 28.75 lakh shares, a 8.88-fold surge over two-week average daily volume of 3.24 lakh shares. The stock tumbled 22.28% to Rs 56.50. The stock hit record low of Rs 52.10 in the intraday trade today.
Multi Commodity Exchange of India clocked volume of 3 lakh shares, a 8.62-fold surge over two-week average daily volume of 35,000 shares. The stock was locked at 20% lower circuit at Rs 512.05.
Raymond saw volume of 3.99 lakh shares, a 3.39-fold rise over two-week average daily volume of 1.18 lakh shares. The stock rose 1.7% to Rs 188.60.
courtesy : capital market