Ghalla &Bhansali Securities Pvt. Ltd. November 24, 2009 News & Equity Markets News Top Gainers on Nifty Economy Script Latest C lose Previous C lose The price of gold has soared 11.5 percent since India's HC LTEC H 345 326.1 central bank at the start of November bought 200 tonnes from the International Monetary Fund. GAIL 411.5 390.3 Sugarcane growers have decided to set up their own C IPLA 323.5 308.75 crushers, even as the deadlock between farmers and mill- owners continued. Top Losers on Nifty The government will consider lowering import d uty on hybrid vehicles to encourage the automakers to introduce Script Latest C lose Previous C lose more environment friendly products in the country. BHARTIARTL 274.6 288.75 The US continues to impose restrictions on export of as many as 11 of its 16 dual use technology regimes to India, IDEA 49.2 51.05 despite New Delhi being publicly praised by the administration for its impeccable track record on nuclear JPASSOC IAT 229.1 232.9 non-proliferation. The government has drawn up an ambitious target to lay Lastest Previous Indices Chan 18,637km network of brand new expressways by 2022. Close close Domestic Government BSE Sensex 17,180.18 17,021.85 158.3 The Government today said that it has approved the S&P C NX Nifty 5,103.55 5,052.45 51.1 Jawaharlal Nehru National Solar Mission with an aim of setting up 20,000 MW grid solar power and 2,000 MW off - BSE 200 2,129.88 2,112.95 16.9 grid solar power by 2022. BSE 500 6,658.33 6,606.00 52.3 The Government is in the final s tage of notifying the fuel International efficiency standards for automobile sector in the country which will be enforced from 2011, Environment Minister US Markets Jairam Ramesh said today. DJIA 10,450.95 10,318.16 132.7 Government will introduce one billion (100 crore) polymer Nasdaq notes of Rs 10 in a bid to increase their lifetime. 2,176.01 2,146.04 29.9 C omposite Andhra Pradesh chief minister K Rosaiah said here that the Asian Market ruling C ong-ress government would abide by the apex Nikkei Stock court’s verdict on the alleged irregularities by mining firm 9,497.68 9,549.47 -51.7 Average 225 Obalapuram Mining C ompany (OMC ) in the Bellary reserve forest of Anantapur district. Straits Times 2,797.88 2,761.54 36.3 Index Hang Seng 22,771.39 22,455.84 315.5 Index Regulatory Insurance regulator IRDA is mulling to put a cap of Rs 1.5 KOSPI Index 1,619.05 1,620.60 -1.5 crore on the annual salary of chief executive , which could Shanghai be paid from the policyholders’ fund. C omposite 3,338.66 3,308.34 30.3 The government plans to offer six loss-making public sector Index units on long-term lease to private players for periods up to European Markets 99 years, as norms that make these firms unattractive for FTSE 100 buyers. 5,355.50 5,251.41 104.0 (London) The Union communication and the finance ministry are C AC 40 involved in a fresh standoff over the date from which telcos 3,813.17 3,729.36 83.8 (France) should pay increased spectrum usage charges. Xetra Dax 5,801.48 5,663.15 138.3 Political differences between India and C hina (Germany) notwithstanding, the two countries are working in unison at DJIA -Dow Jones Industrial Av erage the World Trade Organisation. India recently supported a proposal by C hina seeking more representation in the WTO Advances & Declines secretariat in Geneva. BSE Sugar companies in north India, especially Uttar Pradesh, will lose out on potentially extra profit margins with the Group A B S Tot rollback of proposed changes in the government sugar pricing policy. Advances 122 1084 273 156 Declines 80 832 179 117 International Unchanged 1 67 15 88 Russia's state post said on Monday it would cut at least 8 Total 203 1983 467 282 per cent of its workforce -- or some 33,000 jobs -- in 2010 in a bid to improve efficiency and cut costs. C hina Telecom aims to sell BlackBerry handsets and Palm smartphones in C hina by early next year, as it tries to gain Commodity Review share from its two larger mobile telecom rivals. INR Equity Markets FII Inv (Equity) Rs Crore India's No. 6 mobile services provider Tata Teleservices Aug- 23-Nov Oct-09 Sep-09 Ju extended its per-second billing scheme to roaming calls as 09 well, as the tariff war in the world's fastest-growing wireless Buy 2292 70130 69885 51980 70 market heats up. Sell 2417 61053 49945 47951 58 Japanese auto major Toyota today said it is considering to set up an engine and transmission plant in India as it looks Net 125 9077 19940 4029 11 to use more vehicle-parts made here in its cars than impor t them. IBM announced new and extended collaboration with six MF Inv (Equity) Rs Crore engineering and technology colleges in the state of Tamil 19- Nadu to provide a pla tform for development of software Nov Oct-09 Sep-09 Aug-09 Jul- skills among the students. Buy 510 16252 15852 17452 225 ITC flared up to a fresh 52-week high of Rs 270, and finally settled with a gain of 3.5% at Rs 269. Sell 686 21446 18187 16881 207 50% of foreign money in markets from 'tax havens' such as Net -176 -5194 -2335 571 18 Mauritius, Hong Kong and Luxembourg. In addition to qualified institutional placements (QIPs) and public debt mobilisation, listed companies have also used the preferential allotment route to raise working capital. SEBI has served an amended show cause notice (SC N) to Reliance Industries (RIL) in the case of alleged insider trading in shares of Reliance Petroleum, which has now been merged with RIL. A growing number of promoters are rushing to convert their equity warrants ahead of the maturity, an indication of their regaining confidence in the shares of their companies. Debt Markets MF Scheme Performance Federal bond yields inched up on Monday as some traders locked in profits after yields fell to a six -week low on Friday, but the absence of a bond auction this week Scheme Name 3 Mt supported prices. Diversified Equity The yield on the 10-year benchmark bond was at 7.20. It had ended at 7.18 per cent on Friday, its lo west since Principal Emerging Bluechip Fund-G 21.7 since Oct 8. The yield fell 14 basis points last week. ICIC I Prudential Discovery Fund-G 15.0 Reliance Equity Opportunities Fund-G 23.4 UTI Master Value Fund - G 22.6 Previous Key Rates Latest Month Ago Day Sectorial C all Rate 3.3 3.3 3.3 Taurus Infrastructure Fund - G 7.26 NSE Mibor 3.27 3.28 3.27 Sahara Banking & Financial Services Fund-G 25.3 Reverse Repo 3.25 3.25 3.25 Franklin Pharma Fund - G 27.7 Bank Rate 6 6 6 Reliance Pharma Fund - G 26.1 C RR 5 5 5 Fund of Fund Repo 4.75 4.75 4.75 AIG World Gold Fund - G 28.2 DSP BlackRock World Gold Fund-G 22.9 Kotak Equity FOF - G 14.8 Corp Bond Spreads(bps) ING Latin America Equity Fund - G 14.7 Tenor AAA AA+ AA Gilt Fund 1 83.90 109.90 128.90 Birla Sun Life G Sec Fund - LT - G 2.83 3 88.50 122.50 143.50 JM G Sec Regular Plan - G 2.79 5 76.70 106.70 131.70 Edelweiss Gilt fund - G 2.92 10 88.90 115.90 157.90 Sundaram BNP Paribas Gilt Fund - G 2.92 As on 20 November 2009 Debt Income Note - one day lag ICIC I Prudential Income Fund -G 2.16 Kotak Bond Deposit - G 2.08 Birla Sun Life Income Fund - G 3.28 Escorts Income Plan- G 2.66 Liquid Fortis Overnight Fund - G 1.24 Escorts Liquid Plan - G 1.45 LIC MF Liquid Fund - G 1.2 HDFC Cash Mgmt Fund - Savings Plan - G 1.11 ETFs Junior BeES 20.3 Reliance Banking ETF 25.4 Kotak PSU Bank ETF 32.0 PSU Bank BeES 28.8 Returns are as per lates t NAV. * returns for all periods are abs olute. 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