Investors': Pre-Market Notes

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Investors

Pre-Market Notes
www.theindianstocks.com Indian & Global Indices
INDEX

Date: 16.06.2010

Last Close

% Change

SENSEX NIFTY S&P 500 NASDAQ DOW JONES FTSE DAX CAC 40 NIKKEI HANG SENG

17412.83 5222.35 1115.23 2305.88 10404.77 5217.82 6175.05 3661.51 10054.57 20062.15

+0.43 +0.47 +2.35 +2.76 +2.10 +0.30 +0.82 +0.98 +1.69 +0.05

Indian Market Summary The key benchmark indices ended yesterdays session on positive note tracking favoring cues from the global markets. In global markets, the Asian markets opened in mix but advanced later on encouraging industrial production data from Europe and ended on positive note. On the other hand the European markets also opened on a weak note but reversed initial losses to trade in positive. Back home the market remained volatile as investors turned cautious ahead of the result of the advanced corporate tax yesterday. But the market trimmed all its losses in the afternoon session as buying support lifted the market to trade in positive. Further the good advance tax numbers from Infosys, Bank of Baroda and HUL led to buying interest at the final hour of the session to close its day in high note for the fourth consecutive session. Meanwhile in the sectoral front Realty, FMCG, PSU and Metal lead the front while IT, Oil&Gas and Auto sectors remained on sellers radar.

Indian ADRs
ADR Last Close % Change

DR. REDDY ICICI BANK INFOSYS SATYAM WIPRO

31.02 37.88 62.60 05.04 22.19

+1.84 +3.53 +2.45 +0.20 +4.33

US Markets Brief Stocks had run into resistance at their 200-day moving average during the prior session, but this time the broader market staged a strong, steady climb past that key technical line to settle at a three-week high. The tone to trade was positive for the entire session. Initial strength was underpinned by continued support for the euro, which was sent another 0.9% higher to $1.234 following a successful debt offering from Spain and Ireland. The success of that offering suggested that even in the face of continued concerns about tenuous fiscal conditions in Europe there is still an appetite for risk.

TOP Nifty Gainers & Losers


Company LTP % Change

RPOWER SUZLONENERGY REL COM BHARAT PETRO ONGC TCS

177.50 57.30 186.80 530.60 1166.40 766.10

5.69 4.75 4.30 -5.78 -2.56 -1.91

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Economy & Company News MACRO Inflation, measured by the wholesale price index (WPI), has entered the double-digit zone, raising the possibilities of further monetary tightening by the Reserve Bank of India (RBI). The numbers released estimated inflation at 10.16 per cent for May, compared with 1.38 per cent in the year-ago period, driven by higher fuel and primary article prices. In April, inflation was estimated at 9.59 per cent. The rate for the manufactured category also registered a significant spurt in May, raising concerns of rising core inflation. Core inflation is a measure of inflation excluding food and fuel. COMPANY Tata Consultancy Services (TCS), a leading IT services, business solutions and outsourcing firm and Xynteo, a strategic advisory firm specializing in low-carbon growth, announced a collaboration to jointly create solutions for a low -carbon economy. These solutions will be initially built and deployed in the Nordic market. The partnership will look at find new ways to help companies increase productivity while reducing CO2 emissions along their entire value chains right through to the final consumer. NIIT and Fouriers Systems have entered into alliance to make Mobile Science Lab available to students in India. Mobile Science Lab is a portable laboratory that revolutionizes the way science is taught and learnt. Sanjiv R Pande, president, School Learning Solutions, NIIT commented, `` Mobile Science Lab is a break through initiative that aims at redefining the teaching and learning of science.We are confident that it will bring alive the crucial subject of science in our classrooms and help de stress the learning ecosystem in schools.`` DQ Entertainment International signed an exclusive broadcasting agreement with Sun TV Network, one of India's largest media conglomerates, for the provision of animated content. Under the terms of agreement, DQ Entertainment will provide hundred and seventeen half-hours of international animated programmes to Sun TV Network. Sun TV has the rights to broadcast these programmes in four languages including Tamil, Telugu, Kannada and Malayalam across its extensive network in India, Sri Lanka and many other countries with Indian diaspora. Tata Communications and BT announced an agreement and associated customer trials for the industry's first commercial service to allow customers on either of their existing video exchanges to establish conferences with the customers on the other's video exchange. The collaboration will provide each organisation with open access to a much broader network of businesses. This represents a major step towards open, ubiquitous connectivity between Telepresence endpoints, regardless of their parent network. The service will help enable telepresence users to reach more partners, suppliers, customers and prospects at public and private end-points and will facilitate globally distributed, real time face-to-face virtual conference meetings that drive greater value to the collaborating businesses. Indian energy major Reliance Industries will invest $3 billion to expand its petrochemicals unit in western Gujarat state, a financial newspaper reported on Tuesday. Reliance will build a two-million-tonne chemical plant in Jamnagar that will use gas from its refining operations as feedstock, the newspaper said, citing a person familiar with the plan. We have already secured the technology to use the gas as feedstock and work on the plant is going to begin this year," the paper quoted the source as saying. Officials at Reliance Industries could not immediately be reached by Reuters for comment.

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Aggregate Stock Gainers / Losers

7 Days Trailing NSE Gainers


Company Latest Close Compared To Absolute Change % Change

RPOWER RELIANCE CAP RELIANCE ENR REL COM HINDALCO WIPRO

177.50 737.85 1183.60 186.80 144.75 408.20

152.25 662.90 1068.75 170.20 132.95 377.58

25.25 74.95 114.85 16.60 11.80 30.62

16.58 11.31 10.75 9.75 8.88 8.11

7 Days Trailing NSE Losers


Company Latest Close Compared To Absolute Change % Change

BHARAT PETRO ONGC BHARTI TELE NATION ALUM

530.60 1166.40 269.55 420.45

552.75 1190.30 272.05 420.90

-22.15 -23.90 -2.50 -0.45

-4.01 -2.01 -0.92 -0.11

30 Days Trailing NSE Gainers


Company Latest Close Compared To Absolute Change % Change

REL COM RPOWER RELIANCE ENR ONGC GUJ AMB CEME HERO HONDA
30 Days Trailing NSE Losers
Company

186.80 177.50 1183.60 1166.40 115.75 2027.95

141.70 142.55 997.60 1027.00 105.45 1849.20

45.10 34.95 186.00 139.40 10.30 178.75

31.83 24.52 18.64 13.57 9.77 9.67

Latest Close

Compared To

Absolute Change

% Change

GRASIM IND HINDALCO SUZLONENERGY TATA STEEL UNITECH P DLF LTD

1796.25 144.75 57.30 491.90 70.60 272.50

2601.80 163.85 64.60 536.35 76.85 287.05

-805.55 -19.10 -7.30 -44.45 -6.25 -14.55

-30.96 -11.66 -11.30 -8.29 -8.13 -5.07

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Most Active Stocks PIVOT

Lower 2

Lower 1

Axis

Higher 1

Higher 2

BANK NIFTY RELIANCE RCOM RELCAPITAL REL LT STER ICICIBANK SBIN TATASTEEL RNRL RELPETRO INFOSYSTCH BHEL ONGC ACC PUNJLLOYD HDFCBANK MARUTI AXISBANK DLF HDIL IBREALEST NIFTY

8969.89 1002.06 175.20 692.97 1112.67 1621.12 635.26 804.98 2217.22 461.26 62.26 1187.75 2576.42 2256.65 1105.34 825.35 113.78 1850.43 1265.49 1171.31 254.22 229.09 140.90 4908.36

9247.95 1033.12 180.63 714.45 1147.16 1671.37 654.95 829.93 2285.96 475.55 64.19 1224.57 2656.28 2326.60 1139.60 850.93 117.31 1907.79 1304.72 1207.62 262.10 236.19 145.27 5060.51

9526.01 1064.18 186.06 735.93 1181.65 1721.63 674.64 854.88 2354.69 489.85 66.12 1261.38 2736.15 2396.56 1173.87 876.52 120.84 1965.15 1343.95 1243.93 269.98 243.30 149.63 5212.67

9804.07 1095.25 191.49 757.41 1216.15 1771.88 694.34 879.84 2423.42 504.15 68.05 1298.20 2816.02 2466.51 1208.13 902.10 124.37 2022.51 1383.18 1280.24 277.86 250.40 154.00 5364.82

10082.13 1126.31 196.92 778.89 1250.64 1822.13 714.03 904.79 2492.15 518.45 69.98 1335.02 2895.88 2536.46 1242.40 927.69 127.89 2079.87 1422.41 1316.55 285.74 257.50 158.37 5516.97

Index Resistance & Support

For the Sensex, immediate resistances are at 17492, 17619 and 17746. Supports are at 16365, 17239 and 17112. For the Nifty immediate resistances are at 5245, 5283 and 5321. Supports are at 5207, 5169 and 5131.

Bullish on Short Term


ITC RELINFRA TAKE DELIVERY FOR BTST/T+2 WITH TARGETS OF 294-299-303 SL 286 TAKE DELIVERY FOR BTST/T+2 WITH TARGETS OF 1199-1208-1217 SL 1172

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Good Developments for Delivery TCS Tata Consultancy Services Ltd has announced that Tata Consultancy Services and Xynteo to collaborate on solutions for a low-carbon economy. Tata Consultancy Services, a leading IT services, business solutions and outsourcing firm and Xynteo, a strategic advisory firm specializing in low-carbon growth, announced a collaboration to jointly create solutions for a low -carbon economy. These solutions will be initially built and deployed in the Nordic market. The partnership will look at find new ways to help companies increase productivity while reducing CO2 emissions along their entire value chains right through to the final consumer. "We recognize the need for collaboration to create solutions for our customers that address the challenge of global climate challenge by leveraging technology. With its valuable expertise in low-carbon growth solutions, Xynto fits in well as a value partner for TCS. said A S Lakshminarayanan, Vice President & head of TCS Europe. The low-carbon economy will depend to a large extent on the worlds ability to deploy IT to decarbonise the way people work and live. By driving energy efficiency and enabling the replacement of high-carbon goods and services with virtual technology, IT could save up to an estimated 15% of total global greenhouse gas emissions by 2020, additionally saving 600 billion in the process. Dr Osvald Bjelland, the Chairman of Xynto, added: As the low-carbon economy takes shape, carbon-efficiency will become more and more central to competitive advantage. Smart IT could deliver significant emissions reductions for individual businesses and thus the global economy as a whole. As a world leader in IT solutions, TCS has a potentially pivotal role to play in making this change a reality. Accumulate.

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Derivatives Notes Markets moved up further as the Nifty managed to close above 5200. The Nifty had initially dipped into negative territory in the morning session before witnessing a smart recovery post noon. The Nifty June Fut finally closed 21.7pts or 0.42% higher at 5226.50. The Nifty June Fut premium narrowed to 4.15pts from 7.3pts on Monday. The biggest gainers in the F&O segment were RNRL, Rel Media, HDIL, RPower and BGR Energy. The biggest losers were HPCL, BPCL, Indian Oil and Patni. The most active stock fut contracts (In terms of value) were of RNRL, Tata Motors, R Power, Reliance and Tata Steel.

Institutional Investment Trends (in Crores) June 15

Buy
Index Futures Index Options Stock Futures Stock Options 2810.68 6109.95 1905.15 292.89

Sell
1494.61 5609.19 1924.33 276.54

OIEoD
14062.80 50924.69 28486.95 1366.12

Put Call Ratio


Symbol Expiry Date Put Call Ratio

INDIANB HDFCBANK GODREJIND STER BANKNIFTY MARUTI M&M AREVAT&D NIFTY TATAMOTORS SBIN HEROHONDA IBREALEST ABB NIFTY MINIFTY

24-Jun-10 24-Jun-10 24-Jun-10 24-Jun-10 24-Jun-10 29-Jul-10 29-Jul-10 24-Jun-10 24-Jun-10 29-Jul-10 24-Jun-10 24-Jun-10 29-Jul-10 24-Jun-10 29-Jul-10 24-Jun-10

19800 109800 19500 1011342 213475 3250 500 1153500 67894350 118000 783816 6800 6000 58500 15513100 22940

2200 18800 3900 393324 87525 1500 250 609750 37250800 67000 485760 4400 4000 39000 10421150 16760

9.00 5.84 5.00 2.57 2.44 2.17 2.00 1.89 1.82 1.76 1.61 1.55 1.50 1.50 1.49 1.37

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Dividend & Other Information

Mandhana Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on June 15, 2010, have recommended a Final Dividend of Rs.0.75 per equity share of Rs. 10/- for the year 200910, subject to approval of the members at the ensuing Annual General Meeting of the Company. Bimetal Bearings Limited has informed the Exchange that the Board of Directors of the Company have recommended a dividend of Rs.8/- per share (i.e. 80%) for the year ended 31st March 2010. (Source MSE). Gokul Refoils And Solvent Limited has informed the Exchange that the Board of Directors of the Company at their meeting held on June 14, 2010 have recommended the dividend of Rs.0.30 per share on face value of Rs.2 per share, subject to approval of members at ensuing Annual General Meeting. Union Bank Of India has informed the Exchange that the date of payment of dividend for the year 2009-10 has been finalized as July 09, 2010. The dividend warrants payable at par at all the branches of Union Bank of India shall be dispatched immediately after the Annual General Meeting but before the date fixed for payment of dividend as above. Page Industries Limited has informed the Exchange that the Board of Directors of the Company at its meeting held June 14, 2010 has declared payment of Interim Dividend of Rs.10 per share on an equity share value of Rs.10 each.

Disclaimer: This material is for your private information, and we are not soliciting any action based upon it. Transactions involving stocks and
derivatives give rise to substantial risk and are not suitable for all investors. The material is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such.

For any queries, EMAIL US: sms.tis@gmail.com. www.theindianstocks.com

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