Share Market News, Indian Share Market, Share Market Tips

Grey Market Premium Rate - 30 Mar 2010

2010-03-30T14:21:00.003+05:30

Latest Grey Market Premium Dt. 30-3-2010

*Company Name*	*Offer Price* *(Rs.)*	*Premium* *(Rs.)*	*Kostak* *(Rs. 1 Lac Application)*
Pradip Overseas	110	17 to 18	--
ILFS Transportation	258	35 to 40	--
Persistent Sys.	310	152 to 155	--
Shree Ganesh Jewellery	260	AT PAR	--
Infrasoft Technology	137 to 145	30 to 32	--
Goenka Diamond & Jewellery	135	Discount	--

New IPO Listing Date

2010-03-30T14:18:00.001+05:30

IPOs Listing Date

*IPOs*	*Likely* *Listing Date*
Pradip Overseas	5 April
Persistent Sys.	8/9 April
Shree Ganesh Jew.	12/13 April
Intrasoft Techno	15/16 April
Goenka Diamond	15/16 April

Share market latest tips : Technical Share

2010-03-05T14:15:00.002+05:30

*Company Name*	*Rec.*		*CMP*
SESA GOA	Buy	454.00
Tata Steel	Buy	617.00
GMDC	Buy	149.00
Guj. NRE	Buy	85.00
ICICI BK	Buy	898.00
SBI	Buy	2032.00
Wipro	Buy	693.00
ONGC	Buy	1095
Gail	Buy	400.00
BPCL	Buy	534.00

Superb Performance of our Last Recommendation

(From Intra day High Rate)

Indusind BK (+4), Tata Power (+9), Tisco (+13), Suzlon (+4),

Ranbaxy (+4), Sterlite Ind. (+13), ITC (+3) Guj.NRE. (+4), Cadila (+11)

Latest Grey Market Premium Dt. 17-9-2009

2009-09-17T10:02:00.000+05:30

Latest Grey Market Premium Dt. 17-9-2009

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac Application)	Subject to Sauda
Jindal Cotex	75	4 to 4.50	--	-
Globus Spirits Ltd.	100	4 to 5	--	--
Oil India	1050	32 to 35	--	--
Pipavav Shipyard	55 to 60	3.50 to 4.00	1700 to 1800	--
Thinksoft Global	120 to 130	6 to 7	1600 to 1700	--
Euro Multi Vision	70 to 75	4 to 4.50	1500 to 1600	--

Primary Gry Market | Latest Premium Market | NHPC Gray Rate

2009-08-12T10:05:00.002+05:30

IPO News Dt.: 12-8-2009

Company Name

Open

Date

Close

Date

Issue Size

Offer

Price

Rating

Recomm.

NHPC

(Book Building)

7-8-09

12-8-09

1677374015 Shares

(Rs. 6048 Cr.)

30 to 36

48 %

Attractive

(Long Term)

Oil India

(Book Building)

7-9-09

11-9-09

2,64,49,982

(Rs. 3000 Cr.) (Approx.)

1000 to 1100

(Approximate)

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac Application)	Subject to Sauda
NHPC	30 to 36	9 to 10	3000 to 3100	--
Adani Power	100	10 to 12	--	--
Raj Oil Mills	120	7 to 10	--	--
Oil India	1000 to 1100 (Approximate)	--	--	--

Latest Grey Market Premium Dt. 12-8-2009

NHPC IPO Subscribed (11^th Aug. 2009)

QIB	9.48
HNI	2.43
Employee	0.22
Retail	1.25
Average	6.16

Latest Grey Market Premium | Premium Market | NHPC Premium Detail

2009-08-11T09:41:00.002+05:30

Raj Oil Mills Listing

August 12, 2009 (Wednesday) (B Group) (BSE Code: 533093)

ISIN No. : INE294G01018; Scrip ID: RAJOIL

Issue Price: 120 (F.V. Rs. 10 ; Premium : Rs. 110)

IPO News Dt.: 11-8-2009

Company Name

Open

Date

Close

Date

Issue Size

Offer

Price

Rating

Recomm.

NHPC

(Book Building)

7-8-09

12-8-09

1677374015 Shares

(Rs. 6048 Cr.)

30 to 36

48 %

Attractive

(Long Term)

Oil India

(Book Building)

7-9-09

11-9-09

2,64,49,982

(Rs. 3000 Cr.) (Approx.)

1000 to 1100

(Approximate)

Latest Grey Market Premium Dt. 11-8-2009

Company Name	Offer Price (Rs.)	Premium (Rs.)	Kostak (Rs. 1 Lac Application)	Subject to Sauda
NHPC	30 to 36	8 to 10	3100 to 3200	--
Adani Power	100	11 to 12	--	--
Raj Oil Mills	120	7 to 10	--	--
Oil India	1000 to 1100 (Approximate)	--	--	--

NHPC IPO Subscribed (10^th Aug. 2009)

QIB	6.14
HNI	0.15
Employee	0.06
Retail	0.49
Average	3.76

Technical Share : Indian Smart Share Market

2009-07-29T10:18:00.001+05:30

*Company Name*	*Rec.*		*CMP*
ACC	Buy	865.00
Axis Bank	Buy	957.00
CIPLA	Buy	283.00
Balrampur Chini	Buy	110.00
NIIT	Buy	64.30
IOC	Buy	527.00
BPCL	Buy	462.00
HPCL	Buy	329.00
GNFC	Buy	91.00
Castrol	Buy	456.30
IDEA Cellular	Buy	78.00
Tata Motors	Buy	414.00
Bajaj Hind.	Buy	190.95
Karur Vysya Bank	Buy	123.00
CESC	Buy	311.00
Matrix Labs	Sell	208.00
Gammon India	Sell	148.60
EMAMI	Sell	382.00
H. T. Media	Sell	111.00
Tata Tea	Sell	803.00

Fantastic performance of our above Recommendation

(From Intra day High Rate)

Dabur India (+4), Marico (+2), Suzlon Energy (+2), Shree Cement (+16), Kotak Bank (+13),

HPCL (+9), Tata Power (+38), Balrampur Chini (+4), CESCE (+26), Castrol (+2)

Daily Market Outlook: 23rd July 2009 (Thursday)

2009-07-23T09:52:00.000+05:30

Choice of editor (Today)

*Moser Baer*	*81.50*	*BATA*	*166.00*
*Punj Lloyd*	*239.10*	*FDC*	*41.80*
*Bartronics*	*168.00*	*Welspun Guj.*	*200.00*
*CMC*	*777.00*	*ING Vysya*	*201.15*
*Jindal Drilling*	*486.00*	*Piramal Healthcare*	*325.00*
*Sunteck Realty*	*2345.00*	*Kesoram* *Ind.*	*352.00*
*Marico*	*87.80*	*I. B. Securities*	*42.00*
*Dishman Pharma*	*187.50*	*Kajaria Ceramics*	*40.00*
*Aurobindo Pharma*	*518.30*	*Murudeshwar Cera.*	*27.35*
*Idea Cellular*	*74.90*	*Ferro Alloy*	*10.25*
*ITC*	*217.85*	*GTL Infra*	*34.55*

NIFTY FO CLOSED @ 4414 AS ON 22.07.2009

DIRECTION of the INDIAN STOCK MARKET 23.07.2009

4373 to 4507

BELOW @ 4419 level, it will be in BEARISH TREND. SELLING is suggested with SL of 4444 level for the target @ 4388 to 4373 levels;

Regarding BULLISH TREND, BUYING is suggested @ the level of 4444 with SL of 4419 Target @ 4497 to 4507 levels.....!!!

IVRCL INFRA FO CLOSED @ RS. 325

POSITIVE TREND @ Rs. 319 with SL @ Rs 313 for the target of Rs. 336 to 341 levels...!!!

INDIA CEMENT FO CLOSED @ RS. 139

POSITIVE TREND @ Rs. 136 with SL @ Rs 133 for the target of Rs. 147 to 151 levels...!!!

IDFC FO CLOSED @ RS. 131

POSITIVE TREND @ Rs. 128 with SL @ Rs 126 for the target of Rs. 139 to 143 levels...!!!

India may return to 8% plus GDP growth in medium term - According to CFSA

2009-03-30T21:39:00.002+05:30

The Reserve Bank of India’s (RBI) report on financial sector assessment today indicated that the central bank is confident of the economy growing at 8% but is worried about the fiscal expansion. IT is also keen to go ahead with reforms on the corporate debt market, strengthen banks and ensure greater capital act convertibility. The financial sector assessment is an annual health check-up exercise undertaken by a country along with the International Monetary Fund and the World Bank. This was institutionalised after the Asian crisis. Following are the highlights of the latest report of the Committee on Financial Sector (CFSA).

On economy

* India may return to 8% plus GDP growth trajectory in the medium term.

* 8% plus GDP in medium-term depends on infrastructure, farm sector and fiscal consolidation.

On external stability

* Economy may face lower net foreign exchange inflow causing strain on liquidity.

* Overall, India may still record net foreign exchange inflows in FY09.

* Foreign exchange rate volatility will be "greatly accentuated" from mid-September onwards.

* RBI and government are taking steps to meet the shortfall in rupee and foreign exchange liquidity.

* The current account gap is modest despite widening trade deficit.

* The current account gap is modest on high private transfer and service sector export.

On banking sector

* It suggested that government should exit the monitoring function of PSU banks which is unrealistic now.

* The cost of recapitalisation of banks by government is relatively low versus other nations.

* Capital needs are likely to increase to maintain the credit growth momentum.

* Capital need from government assessed as manageable if the credit growth is within 25%.

* The committee may consider merging banks on borderline of 51% with banks with high government stake.

* The merger should have positive synergies and should complement regional spread.

On bank margins

* Banks' sub-BPLR loan have risen to 76% in March 2008 versus 27.7% in March 2002.

* Banks' net interest margins have not declined sharply despite more sub-BPLR loan.

* Stable NIM with high sub-BPLR loan suggests issues of transparency in operations.

Aggressive banks

* Credit risk on banks' capital position is relatively muted.

* More reliance on volatile liabilities like bulk deposits to fund asset growth.

* Higher dependence on bulk deposits leading to higher asset-liability mismatch.

* RBI may consider capital charge if banks' dependence on "purchased liquidity" is high.

On Statutory Liquidity Ratio (SLR)

* Any cut in SLR should factor-in the pressure of government spend and fiscal gap.

* SLR norm for banks helps in smooth conduct of govt borrowing programme.

* SLR cut could lead to banks buying illiquid and low quality asset.

On corporate bond market

* Need to allow short-selling of different money market securities in a phased manner.

* Allowing AAA-rated corporate bonds to be repoable should be considered.

* Opening corporate debt market to FIIs may raise financial stability issues now.

* Collateral like AAA paper for LAF may be explored over time.

* As FCAC takes place, more disclosure needed for FIIs to invest in gilts.

* Committee not in favour of term liquidity facility as existing tool is adequate.

On other issues

* The broader consensus is that a fuller rupee float is desirable.

* The migration to fuller rupee float should be gradual.

* Capital account convertibility must be concomitant with external sector balance.

* There will be some reversal in low debt-equity ratio on decline in companies’ valuations.

* Infrastructure deficit binding is a constraint on India’s growth.

* Rapid capacity additions is key to maintaining high growth with price stability.

* India could not resume fiscal correction to maintain GDP at reasonably high level.

* It is necessary to return to fiscal prudence at both central and state government levels.

* Development of an active corporate debt market is critical to attract private capital.

* There is an urgent need to develop corporate debt market to address funding need of NBFCs.

Government holding in PSU banks as on December 2008:

PSU Banks	Holding
PNB	57.80%
SBI	59.41%
Indian Bank	80%
BOB	53.81%
Union Bank	55.43%
IOB	61.23%
BOI	64.47%
IDBI Bank	52.68%
OBC	51.09%
Andhra Bank	51.55%
Vijaya Bank	53.87%
Dena Bank	51.19%
Syndicate Bank	66.47%
UCO Bank	63.59%
Canara Bank	73.17%
Allahabad Bank	55.23%
Central Bank of India	80.20%
Bank of Maharashtra	76.77%
Corporation Bank	57.17%
State Bank of Bikaner	75%
State Bank of Mysore	92.33%
State Bank of Travancore	75%

US market up by mre than 6 percent on a single day

2009-03-11T23:41:00.000+05:30

Dow Jones industrial average (INDU) gained 379 points, or 5.8 percent, Biggest one-day point and percentage gain since Nov. 24, 2008.
> S&P 500 (SPX) index gained 43 points, or 6.4 percent ,Biggest one-day point gain since Dec. 16, 2008 and
Biggest on a percentage basis since Nov. 24, 2008.
>Nasdaq composite (COMP) climbed almost 90 points, or 7.1 percent,Biggest one-day point gain since Nov. 13, 2008 and Biggest percentage gain since Oct. 28, 2008.
These all may be short lived and it might go down double this on a single day , sorry to be negative ike this , but this is what is happening .

: Daily Market Outlook: 30th January 2009 (Friday)

2009-01-30T10:30:00.002+05:30

DIRECTION of the INDIA1N STOCK MARKET

30.01.2009

NIFTY FO CLOSED @ 2785 AS ON 29.01.2009

DIRECTION of the INDIAN STOCK MARKET 28.01.2009

2690 to 2809

Intraday below 2788 level, It will be in Bearish trend. Selling is suggested with SL of 2809 level for the target of 2707 to 2690 levels; Regarding POSITIVE TREND, Buying is suggested @ level of 2809 with SL of 2788, Target @ 2828 to 2840 levels.....!!!

TCS FO CLOSED @ RS. 510

NAGATIVE TREND @ Rs. 517 With SL @ Rs 523 for the target of Rs. 497-490 levels...!!!

REL CAPITAL FO CLOSED @ RS. 399

NAGATIVE TREND @ Rs. 408 With SL @ Rs 412 for the target of Rs. 388-383 levels...!!!

TISCO FO CLOSED @ RS. 182

POSITIVE TREND @ Rs. 176 With SL @ Rs 172 for the target of Rs. 189-191 levels ...!!!

Share Market Tips

2009-01-30T10:07:00.002+05:30

The outlook of the markets

Likely to remain negative

*Todays* *Picks*
*Company Name*	*CMP*	*Company Name*	*CMP*
Tata Motors	152.00	MTNL	72.60
TCS	509.00	Sun Pharma	1143.20
Colgate	419.75	PNB	390.25
Reliance Power	104.20	Pfizer	530.00
Sesa Goa	81.05	Aurobindo Pharma	170.00
Take Solution	19.15	Tata Communication	452.00
L & T	660.30	Cairn India	160.80
BEML	341.50	Ador Fontec	78.00
ICSA India	84.10	Asahi India	41.00
Kalptaru Power	280.05	Basant Agro	23.50
Sadbhav Engg.	351.00	FAZE 3	8.80
Tata Metalics	71.05	Adhunik Metalics	28.25
Visaka Ind.	39.25	Signet Over	16.60
Fortis Healthcare	64.45	Country Club	10.68
Essar Shipping	29.40	On Mobile Global	211.75
Bharat Forge	85.00	Maha. Rubtech	15.35

*Company Name*	*CMP*	*Company Name*	*CMP*
Tata Motors	152.00	L & T	660.30
TCS	509.00	BEML	341.50
Colgate	419.75	ICSA India	84.10
Reliance Power	104.20	Mundra Port	381.15
Sesa Goa	81.05	Lanco Infra	110.60
Take Solution	19.15	UNITECH	31.20
Edelweiss Capital	289.00	SUN TV	162.00
Geodesic Ltd.	39.30	Havells India	113.50
Sagar Cement	122.60	Concor	711.00
Monsento India	1308.00	Taj GVK	43.00
SRF	66.55

Fantastic performance of our last recommendation

(From Intra day High Rate)

Futur Capital (+9), EID Parry (+3), Akruti City Nirman (+55),

Financial Techno (+32), RIL (+42), Titan Ind. (+42), Balaji Tele (+4),

Jindal Steel & Power (+60), NMDC (+25), Gail (+14), Dabur India (+2)

Technical Share

2009-01-30T10:02:00.002+05:30

*Company Name*	*Recomm.*	*CMP*
MTNL	Buy	72.60
Sun Pharma	Buy	1143.20
PNB	Buy	390.25
Pfizer	Buy	530.00
Aurobindo Pharma	Buy	170.00
Tata Communication	Buy	452.00
Cairn India	Buy	160.80
Hindalco	Buy	46.05
Hero Honda	Buy	884.00
HDFC	Buy	1530.00
BOB	Buy	254.00
HCL Techno	Buy	110.05
Tisco	Buy	183.00
Zydus Cadila	Buy	251.80
GSFC	Buy	86.00
GNFC	Buy	58.75

Wonderful performance of our last recommendation

(From Intra day High Rate)

Wyeth (+46), PFIZER (+30), RIL (+80), GSK Pharma (+4), Polaris (+2),

Axis Bank (+14), HCL Info (+2), ONGC (+8), BHEL (+2), Balrampur Chini (+3)

Funda-Picks

2009-01-30T09:55:00.003+05:30

*Company Name*	*CMP*	*Company Name*	*CMP*
Kalptaru Power	280.05	Fortis Healthcare	64.45
Sadbhav Engg.	351.00	Essar Shipping	29.40
Tata Metalics	71.05	Bharat Forge	85.00
Visaka Ind.	39.25	Jain Irrigation	326.30
Hannunag Toys	37.65	Moser Baer	62.25
Indrprasth Gas	110.50	Patel Engg.	144.40
Shivvani Oil	101.85	Alok Ind.	15.10
BHEL	1355.70	Petronet LNG	36.50
GVK Power	18.15	J. P. Associates	69.55
GHCL	27.00	Gail	196.80
Shree Cement	499.10	Monet Ispat	139.55
Oriental Bank	137.45	Dena Bank	34.20
Jai Corp.	63.00	Bombay Dyeing	146.40

Tremendous performance of our last recommendation

(From Intra Day High Rate)

Indiabulls Sec. (+2), Sail (+7), NTPC (+4), Power Grid (+2), Tata Chemicals (+5),

Central Bank (+2), Zuari Ind. (+4), Alembic Ltd. (+2), Essar Shipping (+2)