RNRL Result

Reliance Natural Resources Ltd has announced the following Audited results for the year ended March 31, 2008:

The Company has posted a net profit of Rs 685.987 million for the year ended March 31, 2008 as compared to Rs 288.685 million for the year ended March 31, 2007. Total Income has increased from Rs 2430.784 million for the year ended March 31, 2007 to Rs 3673.065 million for the year ended March 31, 2008.

IDFC Result

Infrastructure Development Finance Company Ltd (IDFC) has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008

The Bank has posted a net profit of Rs 1232.50 million for the quarter ended March 31, 2008 as compared to Rs 850.90 million for the quarter ended March 31, 2007. Total Income has increased from Rs 4103.80 million for the quarter ended March 31, 2007 to Rs 6822.70 million for the quarter ended March 31, 2008
Trend Stocks: Infrastructure Development Finance Company Ltd (IDFC) has informed BSE that the Board of Directors of the Company at its meeting held on April 28, 2008, inter alia, has proposed a dividend @ 12%, subject to the approval of members at the ensuing Annual General Meeting.

Price Of Commodity

LME METAL STOCKS:
COPPER DOWN - 450
ZINC -225
NICKEL -168
ALUMINIUM -950
LEAD +1000
TIN -35

FOMC meet on 29th April

Very important day for market, the FOMC meet on 29th April coupled with the RBI Credit policy. And the same day we will also have GDP numbers coming out from USA. On friday we will have april jobs report. Coupled with the Indian stock markets we will have an exciting weak going ahead

UK's housing sector

UK's housing sector susceptible to quite a deep correction -U.K. house prices could fall 10% this year and 15% in 2009 if the credit crunch persists, although action by lenders to increase loan availability could limit the slide to 6% over the two years, The Times reports, citing a report from estate agent Savills.

Market Outlook

Us market were mixed and Asian markets are currently trading marginally positive.We have RBI policy meeting scheduled tomm, so we would advice all of you to remain light and can convert positions in calls or puts.

Crude Oil News

Europe's second-biggest oil producer, will close the North Sea Forties Pipeline System today because of a strike at a refinery in Scotland, cutting U.K. oil production by 40 percent.

Results OF Equity Stocks

Results Today 28-04-08 : 3M India, Akruti City, Allied Digital, Alok Industries, Bata India, BOC India, CESC, Clutch Auto, Consolidated Construction, Cords Cable, Diamond Cables, Dwarikesh Sugar, Eicher Motors, Euro Ceramics, Finolex Cables, Glenmark Pharma, Godrej Consumer, GSS America, Hexaware, Hikal, Hindustan Unilever, Indian Overseas Bank, IDFC, Ingersol Rand, KPIT Cummins, Monnet Ispat, Nirma, Nitco Tiles, Plethico Pharma, Reliance Energy, RNRL, Sesa Goa, Shiv-Vani Oil, Strides Arcolab, Subros, Sunil Hitech, TV18, Thomas Cook India, Titagarh Wagons, Welspun Gujarat and Wockhardt.

IndiaBulls Declared Dividend

Indiabulls Financial Services Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 24, 2008, inter alia, has recommended a dividend of Rs 8.50 per Equity Share (425% on the face value of Rs 2 per Equity Share) for the financial year ended March 31, 2008, subject to approval of the shareholders of the Company at the ensuing Annual General Meeting of the Company.

Microsoft third quarter profit down

Microsoft Corp’s third-quarter profit fell 11 per cent from a year earlier, when the software maker reported more than USD 1 billion in deferred revenue tied to delays in the launch of the Windows Vista operating system. Its net profit for the three months ended March 31, 2008 fell to $4.39 billion, or 47 cents per share, from $4.93 billion, or 50 cents per share, in the same period last year. Revenue edged up to $14.45 billion from $14.4 billion in the year-ago quarter.

Price Of Commodities

LME Stock 25-04-08

COPPER: -1425
ZINC: -200
ALUMINIUM :+ 4925
NICKEL: -36
LEAD: +100
TIN: -110

Reliance Power Bonus Date Fixed

RPower Fixes the DATE for Bonus issue on 29th May.

Reliance Power Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from June 03, 2008 to June 05, 2008 for the purpose of Issue and allotment of Bonus shares

Inflation

Inflation it 7.33% against 7.14%
market estimated 7.29%

BSNL Plans For A Demerger

Bharat Sanchar Nigam Ltd (BSNL) is planning to hive off its telecom infrastructure into a separate company. BSNL has 32,000 base stations for GSM-based mobile services and another 7,000 for its CDMA services. The company wants to lease out this infrastructure with private operators, especially the new licence holders who are looking for a quick pan-Indian roll out.

DII

24-APR-2008

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Buy Value: 1358.92, Sell Value: 916.04, Net Value: 442.88

Foreign Direct Investment

24-APR-2008

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Buy Value: 3625.42, Sell Value: 4384.58, Net Value: -759.16

Price Of Commodies

LME STOCK
COPPER -275
ZINC -650
LEAD +1100
NICKEL -288
ALUMINIUM +11900

Maruti Quartely Result

Maruti Suizuki's Q4 net Rs298 crore VS analysts estimation of Rs471 crore

IndiaBulls Quarterly Result

Indiabulls result out Consolidated Profit After Tax up 120% to Rs. 246.4 crore in Q3 of FY 08 from Rs. 111.8 crore in Q3 of FY 07 profit 120%up

GVK Power Planning To Build Third Runway

GVK Power is planning to build third runway at Mumbai Airport by cancelling lease of hangar which is coming in its way.
profit_nifty: The market is looking slightly sticky and quiet but Nifty is able to hold 5000. The market breadth has turned negative with advances at 608 against declines of 628 on the NSE.

Price Of Commodities

LME stocks
copper -1250
lead +725
zinc -800
tin -200
aluminium -25
nickel -42

Goverment To Delicence Portable Alcohol

The government is planning to do away with the licence requirement for manufacture of potable alcohol. At present, companies need licence from state governments for manufacturing potable alcohol whereas there is no such requirement for industrial alcohol. The Department of Industrial Policy & Promotion (Dipp) has won support from states like Rajasthan, Maharashtra, Andhra Pradesh and Haryana for its proposal to delicence the potable alcohol industry. The states have given in-principle approval to scrap the mandatory licensing requirement, and other states are expected to follow suit.

Yahoo Gives Excellent Quarterly Result

Yahoo Inc posted a better-than-expected quarterly profit but failed to do well enough to convince many on Wall Street that Microsoft Corp needs to raise its takeover bid of $43 billion. Yahoo's first-quarter net income rose to $542.2 million, or 37 cents per diluted share, from the year-ago quarter's $142.4 million, or 10 cents per diluted share. Excluding one-time items and stock compensation costs, the beleaguered Internet company reported a profit of $150 million, or 11 cents per share. On that basis, Wall Street on average was looking for a profit of 9 cents per share.

Europe Market Dips 5.7%

To boost capital, the Royal Bank of Scotland (RBS) is selling a whopping $23.7 billion in new stock. This will no doubt dilute existing shareholder value, reflected by a 5.7% dip in London trading today. Meanwhile, a choppy earnings season rolls on, as Texas Instruments, the second largest semiconductor maker in the U.S., guided below consensus estimates.

DII

NSE and BSE 22-APR-2008 DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Buy Value: 1048.15, Sell Value: 1167.69, Net Value: -119.54

Foreign Direct Investment

NSE and BSE 22-APR-2008 FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores) Buy Value: 2687.64, Sell Value: 2394.68, Net Value: 292.96

Ranbaxy And Orchid Alliance

Ranbaxy and Orchid Chemicals have entered into a Business alliance, involving multiple geographies and therapies for finished dosage formulations and active pharma ingredients. This puts the open offer to a rest.

Asia Market

Asian markets are looking sticky while the Indian market continues to hold firm. Sensex is trading at 16722, up 32 points and Nifty is at 5045, up 8 points from the previous close. The market breadth is positive with advances at 684 against declines of 555 on the NSE.

Reliance Power Gives Bonus Shares To Shareholders

Reliance Power has received shareholders approval for issue of bonus shares to its shareholders, barring Anil D Ambani and other promoters. Shareholders through postal ballot have approved the proposals entailing that no allotment of bonus shares will be made to Anil Ambani and other promoters who waived their entitlement to such shares. Further the shareholders have accorded their approval for issue of bonus shares in 3:5 ratio.

Equity Quaterly Results

Abb/castrol/fed moqul /plethico pharma/ swasti vinayaka results on 31 march 08

DII

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
DII 28-Mar-2008 1643.62 914.12 729.5

Foreign Direct Investment

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Category Date Buy Value Sell Value Net Value
FII    28-Mar-2008 3062.5 3464.45 -401.95

Price Of Commodities

lme stock
copper-1975
zinc-350
lead+500
nickle+660
aluminium-700

Inflation Rates

Annual Wholesale Price Index based Inflation for the week ended March 15 rose to historical high of 6.68% from 5.92% observed in previous week

Asian Market

Asian markets were trading firm. Hong Kong's Hang Seng gained 1.27% or 287.18 points at 22,951.40. Taiwan's Taiwan Weighted added 0.345 or 29.22 points at 8,635.17. Singapore's Straits Times was up 0.205 or 6.04 points at 3,031.24. South Korea's Seoul Composite advanced 1.07% or 17.89 points at 1,694.13. However, Japan's Nikkei was flat at 12,597.50

Gold

European central banks have so far sold 191 tonnes of gold in the fourth year of the Central Bank Gold Agreement (CBGA), data compiled by the industry-funded World Gold Council showed

DII

DII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
Buy Value: 1785.81, Sell Value: 1445.97, Net Value: 339.84

Foreign Direct Investment

FII trading activity on NSE and BSE in Capital Market Segment(In Rs. Crores)
27-Mar-2008
Buy Value: 4806.56, Sell Value: 4558.58, Net Value: 247.98

Price Of Commodities

LME STOCK:27-MAR-08
COPPER -825
ZINC -75
LEAD +575
NICKEL+750
ALUMINIUM-1175

ONGC May Develop Oil And Gas Field

ONGC & Hinduja Group may sign an agreement to devolup oil & gas field in Iran

Price of Commodities

LME STOCK
COPPER: -2125
ZINC: 2275
ALUMINIUM : -1925
NICKEL: 960
LEAD: 250

Alok Industries

Alok Industries talking to PE cos to fund infrastructure venture

Aluminium metal price slashes

Aluminium makers slash product prices by Rs 10,000 a tn

Market Overview

This market is witnessing a technical rally. Interest rates are unlikely to come down and concerns over inflation will continue so it is still too early to say that we are out of the woods.

Asian And Indian Market

The Asian markets are trading mixed. The Indian market is losing some gains. Sensex is currently trading at 16100, down 116 points and Nifty is trading at 4841, down 36 points from the previous close. The CNX Midcaps index is up 0.59% and BSE Smallcaps index is up 1.81%. The market breadth is positive with advances at 843 against declines of 381 on the NSE.

Polaris Software Sold??

RUMOURS OF POLARIS SOLD TO FOREIGN COMPANY AT 150.....NEWS TO BE OUT IN 1ST WEK OF APRI

Europe stock market update

Europe Belgium BEL-20 3690.21 -13.86
Europe France CAC 40 4670.72 -21.28
Europe Germany DAX 6498.70 -26.01
Europe Italy MIBTel 23878.00 -63.00
Europe Netherlands AEX General 436.34 -0.66
Europe Spain Madrid General 1444.93 -7.23
Europe Switzerland Swiss Market 7221.54 -12.88
Europe United Kingdom FTSE 100 5664.00 -25.10

Steel Exports To Be Stopped

Most Indian steelmakers agree to stop exports immediately

Covertible Warrents To Promoters

HDFC Bk gets RBI nod to issue convertible warrants to promoters

$720 Million Pipeline Project

ONGC awards $720 mln pipeline contract to Australia co Leighton

Pheonix Mills Buys Land

Phoemix Mills buys over 10-ha Bangalore land from GKW

Reality Projects

Bombay Dyeing, L&T JV to bid for realty projects

Goverment To Reduce Stake In Companies

Govt plans to dilute 5% stake in mini ratna companies like MMTC, STC, Concor, and Shipping Corporation of India.

KS Oil Buys More Land

KS Oil buys 50,000 acres of palm plantation in Indonesia

SBI Gets Rights To Full Banking

Monetary authority of Singapore has granted a full banking license to SBI with privileges to establish 25 outlets.

HSBC's Holding Increases In Yes Bank

HSBC’s financial investment has hiked its stake in Yes bank to 4.88%

Stock Investing

OVERALL VIEW ABOUT MARKETS:Markets will be opening on positive side with a marginal gap of 15 -25
Points on Sensex. Market will be very volatile due to expiry of March Contracts and profit booking at these current levels. Markets will be Experiencing a very uncertain end today.

There I caution all of you to be very particular about stop loss for every executed trade in both cash and derivatives Segment