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					Market Brief - Daily                                             I Equity I Debt I ForexI Bullion I

         rd
       23 Sept, 2011

                                                                               Top Stories

   •   SBI doubles MTN programme size to $10 billion
   •   Maruti Suzuki begins trial runs for compact Dzire
   •   Reliance Industries to review oil strategy, may drill abroad with BP
   •   ONGC mulls bringing its Syrian oil to India
   •   L&T bags Rs 700 cr order from Omanese gas company
   •   NMDC buys 50% in Australia's Legacy Iron Ore for Rs 92 crore
   •   Oil India joins rush for energy assets, lines up Rs 4k crore for buys
   •   Indian Oil to raise borrowing limits by Rs 30,000 cr
   •   Tata Power may run Mundra plant at low capacity to trim losses
   •   United Tech to buy Goodrich for $16.5 bn
   •   Essar Power eyes distribution licence
   •   Suzlon plans to buy out REpower's minority shareholders in 4 months
   •   Tata Chemicals to set up Rs 300cr sorbent plant in US via JV
   •   Bajaj Auto eyes monthly sale of 4000 boxer bikes in state
   •   Aventis , Universal Medicare deal under I-T scanner

                         Equity Round up & Outlook                                                         Debt Round up & Outlook
   •   Markets tanked more than 4%, the biggest point fall on Nifty since            •   Bond yields plunged following the Federal Reserve's decision, keeping
       October 2008, after the overnight FOMC statement signaled major                   the interest rates low has failed to encourage the market while
       downside risk for the US economy along with the fears of weak Q2                  traders are also waiting for the second-half borrowing calendar for
       September 2011 corporate earnings                                                 further cue
   •   US market fell sharply after the Fed moved to lower interest rates on         •   10-year 7.80% 2022 benchmark bond's yield marginally fell by 3bps to
       consumer loans with a $400 bn debt-swap program and noted                         8.30%
       “significant downside risks” to the economic forecast
                                                                                     •   Bond yields are likely to be range bound in absence of any major
   •   Markets are likely to witness a gap down opening, as all the major                global cues & lack of weekly fresh supply while global meltdown and
       Asian indices are trading deep into the negative terrain and follow               depreciating rupee may weigh on sentiment
       the route of its global peers

                          Forex Round up & Outlook                                                        Bullion Round up & Outlook
   •   INR declined by 2.5%, its lowest level seen in 3 years, due to weak           •   Gold prices declined in the domestic market following the US Federal
       outlook on the US economy propelled the investors to opt for safer                Reserve's decision to adopt the maturity extension plan. The Federal
       currencies and government bonds                                                   Reserve's widely-anticipated move to boost US growth lifted the
                                                                                         dollar but adversely affected the global equities and hit the entire
   •   US dollar gained further against the euro and other major currencies
                                                                                         commodities complex
       as a sharp extended retreat for US equities and weak data out of
       both China and the euro zone spurred investors to dump risky assets           •   Crude oil moved lower, impacted by the disappointed US Federal
                                                                                         Reserve's latest program
                                                                                       I Equity I Debt I ForexI Bullion I



Indian Indices                              % Change                                            Research
                                                                          G-Sec YIELD MOVEMENT-YTM               Team                               Global Forex
                  Last Close     1 Day       MTD           YTD                                     Close            Change         % Change                             Close                  Change                % Change
Sensex              16361         (4.1)      (1.9)        (20.2)       7.80% GS 2021          8.30            (0.03)        -0.4                    EUR/USD             1.35                        0.0                 0.7
Nifty
                    K.N.Rahaman
                     4924         (4.1)      (1.5)
                                                         Deputy Research Head 2022
                                                          (19.7)       8.13% GS
                                                                                                Equities & Commodities
                                                                                              8.39            (0.02)
                                                                                                                                                      rahaman@way2wealth.com
                                                                                                                                                    GB/USD              1.54                       (0.0)               (0.1)
                                                                                                                            -0.2
BSE Mid Cap         Jigisha Jaini (3.1)
                     6276                     0.0         (19.6)
                                                         Sr. Research AnalystGS 2022
                                                                       8.08%                    Capital Goods(0.02)
                                                                                              8.38             & Engineering 0.4                    USD/JPY             76.3
                                                                                                                                                      jigishajaini@way2wealth.com                  (0.0)                0.1
BSE Small Cap        7122         (3.1)      (0.1)        (26.4)                                                                                    Dollar Index        78.2                       (0.3)               (0.3)
BSE Banking
                    Nisha Harchekar
                    10908         (4.0)       0.0
                                                         Sr. Research Analyst
                                                          (18.5)
                                                                                                FMCG, Hotels, Media                                    nishaharchekar@way2wealth.com
                                                                       Corporate Bond YIELD MOVEMENT-YTM
BSE Auto            Sejal Jhunjhunwala
                     8556         (3.9)       1.9        Sr. Research Analyst
                                                          (16.4)                                Auto, Shipping & Metals % Change
                                                                                              Close          Change                                    sejal@way2wealth.com
                                                                                                                                                    Indian Forex
BSE Metal           11783        (4.34)
                    Abhishek Kothari        (2.60)       (33.04)
                                                         Research Analyst AAA Bond
                                                                       1Y                       Banking & NBFC
                                                                                              9.46             0.02          0.2                                        Close       Change
                                                                                                                                                       abhishekkothari@way2wealth.com                                % Change
BSE FMCG             3825        (2.77)     (3.14)         3.84                                                                                     USD/INR
                   Krishna Reddy                                       3 Y AAA Bond
                                                         Research Analyst                     9.43             0.00         -0.1
                                                                                                     Commodities, Economic Update                                       49.5
                                                                                                                                                       krishnareddy@way2wealth.com 1.2                                  2.5
                                                                       5 Y AAA Bond                9.44           -0.01       -0.1                  EUR/INR             66.4          0.5                               0.7
Global Indices
                   Ritu Gupta               % Change
                                                         Research Analyst                            Mutual Funds                                      ritugupta@way2wealth.com
                                                                                                                                                    GBP/INR             76.2          0.6                               0.8
                                1 Day
                  Last CloseAgarwal          MTD           YTD                                                                                      JPY/INR             64.9          1.6                               2.5
                   Aditya                                                MONEY
                                                         Sr. Derivative Analyst MARKET*              Derivative Strategist & Technicals                aditya@way2wealth.com
Dow Jones           10734       (3.5)        (7.6)         (7.3)                                 Wgt. Avg. Rate       Volume (Rs Cr)
Nasdaq             Arun Kumar(3.3)
                    2456                     (4.8)       Technical Analyst
                                                           (7.4)       Call
                                                                                                   Technical Analysis - Commodities
                                                                                                      8.25               16473.83
                                                                                                                                                       arunkumar@way2wealth.com
                                                                                                                                                    USDINR - Option Details
FTSE                5042        (4.7)
                   Yogesh Wadhwani           (6.5)        (14.5)
                                                         Technical Analyst
                                                                       CBLO                        Technical Analysis 59302.30
                                                                                                      8.21                                          Strike                  Volume
                                                                                                                                                       yogeshw@way2wealth.com                                    OI
CAC                 2782        (5.3)       (14.6)        (26.9)       Market Repo                    8.22               15716.37                                                  Call
Nikkei*            Jay Thakkar (2.1)
                    8560                     (4.4)       Technical Analyst
                                                          (16.3)                                     Technicals & Derivative Strategist                jaythakkar@way2wealth.com
                                                                                                                                                         49.00              1,030.65                            90,167
                                                                       * Source CCIL.
Hangseng*          Ashwini Manwatkar
                    17578       (1.9)       (14.4)       Research Associate
                                                          (23.7)                                     Equities                                            48.75               541.70
                                                                                                                                                       ashwinimanwatkar@way2wealth.com                          24,839
* As of 8.15 AM                                                        LAF WINDOW                                                                        48.25               541.70                            1,58,694
                                                                                                         Amt
                                                                                                   Contact No. 022-61462900  Net Bid Accepted                                      Put
Institutional Activity                                                      Reverse Repo                                                                 48.00              1,219.93                    1,96,323
Rs cr                              Purch          Sales        Net                                       500                         1
                                                                            @7.25%                                                                       48.25               877.75                      84,560
FII:                              2012.00       1727.30       284.70        Repo@8.25%                  42,190Disclaimer            13                   49.00               874.21                      58,534
Cash                                                                        Net R Repo ( Amt)                         -41,690
-Index Futures                                                                                                                                         for the informational purposes
                     The contents of this material are general and are neither comprehensive nor appropriate for every individual and are solely ECONOMIC DATA FOR THE DAY of the readers. This m
                                  3390.62       5203.78     (1813.16)       * Source RBI
-Stock Futures       not take into account the specific investment objectives, financial situation or needs of an individual/s or a Corporate/s or any entity/s. A qualified professional should be consul Previous
                                  2934.04       3329.86      (395.82)                                                                                                                Country      Expected
Mutual Funds         making an investment decisions or acting on any information contained in this material. All investments involve risk and past performance does not guarantee future results. Inv
                                  654.80        438.80        216.10        CD RATE                                                                    Int Jobless Claim               US           420k         428k
                                                                                                                                                        Way2wealth Brokers (P) Limited (herein after called
                     before you invest. You are strongly cautioned to verify any information before using it for any personal or business purpose.Leading Indicator
                                                                                                      Close            Change          % Change                                        US           0.1%         0.5%
                                                                            1 or
                     Way2Wealth) does not guarantee the accuracy, quality M completeness of any information. Much of the information is relevant only in India. Way2wealth makes no warranties, either
 INSTITUTIONAL ACTIVITY Rs/Cr                                                                          9.1              (0.03)            -0.3
                     express or implied, including, but not limited to warranties of suitability, fitness for a particular purpose, accuracy, timeliness, completeness or non-infringement. In no event shall
                                                                            3M                         9.2              (0.10)            -1.1
                                    Last          MTD          YTD
                                                                                                       to,                                                                      INR Vs Nifty
                     Way2Wealth be liable for any damages of any kind, including, but not limited 9.5 indirect, special, incidental, consequential, punitive, lost profits, or lost opportunity, whether or not
                                                                            6M                                           0.00             0.0
 FIIs Cash:                         334          2254.1       2182.3                                                                                    49.35                                                      5100
                     Way2Wealth has advised of the possibility of such damages. This material contains statements that are forward-looking; such statements are based upon the current beliefs and
                                                                            12 M                       9.6              (0.08)            -0.8
 Mutual Funds                       216         (773.0)       5601.2                                                                                    49.20                                                      5050
                  expectations and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. These uncertainties include b
                                                                                                                                                       49.05                                                   5000
                  limited to: the risk of adverse movements or volatility in the securities markets or in interest or foreign exchange rates or indices; adverse impact from an economic slowdown;
                                                                                                                                                       48.90                                                   4950
Bullion                                                                    CP RATE
                  domestic or foreign securities and trading conditions or markets; increased competition; unfavorable political and diplomatic developments; change in the governmental or regulatory4900
                                                                                                                                                       48.75
                                                                                                   Close            Change           % Change
                        Close
                  policies; failure of aChange          % Change                                                                                       48.60                    USDINR           NIFTY
                                         corporate event and such others. This is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any 4850
Gold $                 1747.1             5.4 of this material may be copiedM duplicated in any form by any means or redistributed without the48.45
                  trading strategy. No part                0.3             1 or                     9.3               0.0               -0.4            written consent5 Way2Wealth. In5no 5 5 shall 5 5
                                                                                                                                                                         of 5 5 5 5             event 5 a
                                                                                                                                                                                                               4800
Gold R                27915.0           (226.0)           (0.8)            3M                                         -0.1              -0.6                     M 5 1 4 1 4 1 4 1 4 1 4 1
                                                                                                                                                                     4 :
                                                                                                    9.5 by Way2Wealth in any format to anyone. Way2Wealth and its: affiliates, officers, :directors an :
                                                                                                                                                                     :
                  publish, retransmit, redistribute or otherwise reproduce any information provided                                                                              :  :   :
                                                                                                                                                                 A 9 0 0 1 1 2 2 3 3 4 4 5  :       :    :  :
                                                                                                                                                                 0 1 1 1 1 1 1 1
Silver$           including persons involved in the preparation or issuance of this report may from time to time-0.1 interest in securities thereof, of companies mentioned herein 1 1 1 1 1
                        36.2             (0.4)            (1.0)            6M                       9.7                have             -0.6                     0 1 1 1 1 1 1 1 1 1 1 1 1
                                                                                                                                                                 :
                                                                                                                                                              5    0   1   1   1   1   1   1   1      1    1     1    1
Silver R              61884.0         (3410.0)           (5.2)            12 M                     10.1              0.0             0.0                      1
                                                                                                                                                              :    2
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                                                                                                                                                              9    2   2
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Crude Oil $            81.0              0.5              0.6                                                                                                      2
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                                                                                                                                                                   9   2
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Crude Oil R           4018.0           (191.0)           (4.5)                                      Way2wealth Brokers Pvt Ltd                                         9   9   9   9   9   9   9      9    9     9    9
                                                                 rd
                                                             3 Floor, Tower B, Hincon House, 247 Park, LBS Road Vikroli (W), Mumbai – 400083, Tel: +91 22 61462900
                                                                                 Email: research@way2wealth.com, Website: www.way2wealth.com
                                                              I Equity I Debt I ForexI Bullion I

                                                                                  Research Team

 K.N.Rahaman                           Deputy Research Head                        Equities & Commodities                             rahaman@way2wealth.com
 Jigisha Jaini                         Sr. Research Analyst                        Capital Goods & Engineering                        jigishajaini@way2wealth.com
 Nisha Harchekar                       Sr. Research Analyst                        FMCG, Hotels, Media                                nishaharchekar@way2wealth.com
 Sejal Jhunjhunwala                    Sr. Research Analyst                        Auto, Shipping & Metals                            sejal@way2wealth.com
 Abhishek Kothari                      Research Analyst                            Banking & NBFC                                     abhishekkothari@way2wealth.com
 Krishna Reddy                         Research Analyst                            Commodities, Economic Update                       krishnareddy@way2wealth.com
 Ritu Gupta                            Research Analyst                            Mutual Funds                                       ritugupta@way2wealth.com
 Aditya Agarwal                        Sr. Derivative Analyst                      Derivative Strategist & Technicals                 aditya@way2wealth.com
 Arun Kumar                            Technical Analyst                           Technical Analysis - Commodities                   arunkumar@way2wealth.com
 Yogesh Wadhwani                       Technical Analyst                           Technical Analysis                                 yogeshw@way2wealth.com
 Jay Thakkar                           Technical Analyst                           Technicals & Derivative Strategist                 jaythakkar@way2wealth.com
 Ashwini Manwatkar                     Research Associate                          Equities                                           ashwinimanwatkar@way2wealth.com

                                                                              Contact No.       022-61462900

                                                                                         Disclaimer

The contents of this material are general and are neither comprehensive nor appropriate for every individual and are solely for the informational purposes of the readers. This m
not take into account the specific investment objectives, financial situation or needs of an individual/s or a Corporate/s or any entity/s. A qualified professional should be consul
making an investment decisions or acting on any information contained in this material. All investments involve risk and past performance does not guarantee future results. Inv
before you invest. You are strongly cautioned to verify any information before using it for any personal or business purpose. Way2wealth Brokers (P) Limited (herein after called
Way2Wealth) does not guarantee the accuracy, quality or completeness of any information. Much of the information is relevant only in India. Way2wealth makes no warranties
express or implied, including, but not limited to warranties of suitability, fitness for a particular purpose, accuracy, timeliness, completeness or non-infringement. In no event sh
Way2Wealth be liable for any damages of any kind, including, but not limited to, indirect, special, incidental, consequential, punitive, lost profits, or lost opportunity, whether or
Way2Wealth has advised of the possibility of such damages. This material contains statements that are forward-looking; such statements are based upon the current beliefs and
expectations and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. These uncertainties include b
limited to: the risk of adverse movements or volatility in the securities markets or in interest or foreign exchange rates or indices; adverse impact from an economic slowdown;
domestic or foreign securities and trading conditions or markets; increased competition; unfavorable political and diplomatic developments; change in the governmental or regu
policies; failure of a corporate event and such others. This is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any
trading strategy. No part of this material may be copied or duplicated in any form by any means or redistributed without the written consent of Way2Wealth. In no event shall a
publish, retransmit, redistribute or otherwise reproduce any information provided by Way2Wealth in any format to anyone. Way2Wealth and its affiliates, officers, directors an
including persons involved in the preparation or issuance of this report may from time to time have interest in securities thereof, of companies mentioned herein


                                                                                  Way2wealth Brokers Pvt Ltd
                                            rd
                                           3 Floor, Tower B, Hincon House, 247 Park, LBS Road Vikroli (W), Mumbai – 400083, Tel: +91 22 61462900
                                                               Email: research@way2wealth.com, Website: www.way2wealth.com

				
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