Weekly Market Outlook

30th July 2011

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DATA MATRIX FOR THE WEEK 25th July 2011 - 29nd July 2011 Weekly Markets
Sensex Nifty Gold(US$/oz) Re/US$ Dow Nasdaq FX Res (US$ Bn) 18,197 5,482 1,626.7 44.2 12,143 2,756 316.801 -2.80% -2.70% 1.64% -0.32% -4.24% -3.60% 0.73%

SNAPSHOT
Stock markets in India finished a chaotic week, being slaughtered session after session either due to fragile local macroeconomic headwinds or due to weak global developments. All hopes of a bounce back on the last trading session of the week got quashed and the bourses got pummeled in four out of the five trading sessions leading to losses of close to three percent in the whole week as lethargic bulls continued to doze amid the increasingly vulnerable domestic setup. The frontline indices were trapped amid a slew of negatives through the week which led the frontline indices to breach one technical level after another. On the domestic front, in an unexpected move, RBI hiked the Repo rate by 50 bps to 8.0% taking Reverse Repo to 7.0%. The Bombay Stock Exchange (BSE) Sensex plunged by 525.10 points or 2.80% to 18197.20 during the week ended July 29, 2011. The BSE Mid-cap index was down by 130.81 points or 1.86% to 6915.31 and the Small-cap index lost 157.91 points or 1.87% to 8305.58. On the sectoral front, Bankex plunged by 460.83 points or 3.57% to 12447.83, Auto trimmed 100.63 points or 1.14% to 8758.83, Capital Goods (CG) down by 715.20 points or 5.22% at 12995.81, PSU plunged 258.35 points or 3.02% to 8307.52, Power lost 113.98 points or 4.44% at 2455.87, Oil & Gas slipped by 389.70 points or 4.24% at 8799.49,
2500 2000 1500 1000 500 0 18-Jul *NSE 19-Jul 20-Jul 21-Jul 22-Jul 25-Jul 26-Jul 27-Jul 28-Jul 29-Jul Volume* & Volatility Index (Nifty - July 2011) 21 20 19 18 17 16

Net FII / DII Equity Activity (Rs Cr) Upto 29.07.11

Total July 2011 Total 2011
S o urc e : bs e india.c o m

FIIs
3930.1 5,039

DIIs
-198.6 14,313

Weekly Sector Movement

Cash Volume (Rs bn)

F & O Volume (Rs bn)

Volatility Index %

Sectors
Auto Bankex CD CG FMCG Healthcare IT Metal Oil & Gas PSU Realty
WEEK AHEAD

Close
8,759 12,448 6,756 12,996 4,093 6,421 5,835 14,017 8,799 8,308 2,041

%
-1.14 -3.57 -0.25 -5.22 -0.41 0.04 -1.64 -5.05 -4.24 -3.02 -7.39
Metal down by 745.39 points or 5.05% at 14016.72 and Realty shaved off 162.99 points or 7.39% to 2041.40, were the losers on the BSE. On the other hand, TECk up by 4.24 points or 0.12% at 3642.86 and Health Care (HC) advancing by 2.58 points or 0.04% at 6420.74 were the gainers on the sectoral space. The S&P CNX Nifty plunged by 151.95 points or 2.70% to 5482.00. On the National Stock Exchange (NSE), Bank Nifty shaved off 398.30 points or 3.53% to 10893.65, CNX IT slipped 103.40 points or 1.61% to 6335.10 while CNX mid-cap lost 136.55 points or 1.67% to 8017.35 and CNX Nifty Junior slipped 368.25 points or 3.27% to 10910.20.

Since the coming week marks the start of the new month, investor's will see a lot of economic data pouring in. Auto and cement stocks will be in the focus as both Indian automobile and cement industry will report their sale number for the month of July 2011. Also India's export data for the month of June 2011 would be announced next week, country's exports during May 2011 increased by 56.93% to $25.94 billion on-year as compared to $16.53 billion in the same month last year. Meanwhile, India's manufacturing PMI data is also due to be released on August 1, 2011. From the global markets investors will be eying few major economic data from US, starting with the GDP data followed by ISM Mfg Index data, Personal Income and Outlays data, Jobless Claims data and finally the Employment Situation data on August 05,2011. Therefore for the upcoming week possibility of range bound scenario between 5405-5800 could be more visible at this stage. Any closing above 5800-5810 with substantial volumes may reap indices towards 5960-6000 where traders are advised to create short positions. On the flip side any break down below 5405-5470 may further spoils the sentiment and we might see some sharp sell off near to 5300-5330 where suggestive buying opportunities may arise. HAPPY TRADING.....

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SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 5th Aug 2011
SUPPORT SCRIP Bajaj Auto Ltd Bharat Heavy Electricals Ltd. Bharti Airtel Ltd. Cipla Ltd. DLF Ltd. HDFC Bank Ltd. Hero MotoCorp Ltd. Hindalco Industries Ltd. Hindustan Unilever Ltd. Housing Development Finance Corporation Ltd. ICICI Bank Ltd. Infosys Ltd. ITC Ltd. Jaiprakash Associates Ltd. Jindal Steel & Power Ltd. Larsen & Toubro Ltd. Mahindra & Mahindra Ltd. Maruti Suzuki India Ltd. NTPC Ltd. Oil & Natural Gas Corpn. Ltd. Reliance Communications Ltd. Reliance Industries Ltd. Reliance Infrastructure Ltd State Bank Of India Sterlite Industries (India) Ltd. Tata Consultancy Services Ltd. Tata Motors Ltd. Tata Power Company Ltd. Tata Steel Ltd. Wipro Ltd. 3rd 1358 1777 410 297 214 468 1712 161 313 653 939 2659 196 60 547 1669 684 1144 172 256 96 786 513 2267 149 1096 919 1245 550 370 2nd 1407 1807 422 303 223 477 1752 165 318 669 985 2709 202 64 569 1701 700 1175 174 263 99 809 528 2309 155 1114 934 1266 559 381 1st 1436 1823 429 305 227 482 1770 167 321 679 1011 2738 205 65 578 1713 709 1191 175 266 100 819 535 2326 158 1124 941 1276 562 386 CLOSE PRICE 29.07.11 1464.85 1838.35 437.00 307.85 230.90 487.40 1787.20 168.40 323.95 688.50 1037.75 2766.80 208.30 66.70 586.35 1725.95 718.25 1207.90 176.30 268.65 101.55 827.70 540.95 2342.00 159.90 1134.45 947.40 1285.50 565.10 389.95 1st 1485 1853 442 310 235 492 1810 170 326 695 1057 2787 211 69 600 1745 726 1222 178 273 103 842 549 2368 164 1143 956 1297 570 397 RESISTANCE 2nd 1506 1868 447 313 240 496 1833 172 328 702 1077 2808 214 71 613 1765 733 1235 179 278 105 857 557 2393 168 1152 964 1309 576 404 3rd 1555 1898 459 318 248 505 1874 176 333 718 1123 2857 221 75 636 1796 750 1265 182 285 108 880 572 2435 174 1171 979 1331 584 416
INCLINATION

Positive Negative Positive Negative Neutral Neutral Neutral Neutral Neutral Neutral Neutral Neutral Positive Negative Negative Negative Neutral Neutral Negative Negative Neutral Negative Negative Negative Negative Neutral Negative Neutral Negative Negative

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NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 5th Aug 2011
SUPPORT SCRIP 3rd 2nd
82 193 558 132 50 167 66 525 320 327 609 807 335 264 17 30 43 135 126 68 215 74 60 724 17 442 46 424 68 2086 133 165 375 78 69 114 99 172 81 112 279 103 22 765 223 973 159 59 130 142

CLOSE PRICE 1st

91 198 565 134 51 169 67 538 324 332 624 816 340 267 18 30 45 139 127 69 220 75 61 749 17 448 47 436 71 2102 134 169 378 81 69 115 100 174 84 116 318 105 22 770 226 1001 163 61 134 146

RESISTANCE 1st
110 205 582 137 52 174 70 561 333 346 657 838 352 274 18 31 47 148 130 71 230 77 64 811 19 458 48 467 75 2132 137 178 387 87 72 117 103 179 89 123 381 108 22 783 231 1045 169 65 143 153

Market Cap
3rd
141 216 609 142 53 181 74 595 346 368 708 873 369 284 19 33 52 163 133 75 245 80 68 909 20 472 50 517 82 2176 142 192 400 97 76 121 109 186 97 134 468 115 23 805 238 1106 177 70 158 164

29.07.11
99.25 202.05 571.95 135.50 51.05 171.40 67.80 550.45 329.10 337.65 639.35 824.75 345.80 270.10 18.05 30.45 45.75 142.50 128.65 69.75 225.50 75.80 62.20 774.20 17.95 454.60 47.15 447.35 73.00 2118.25 135.45 172.10 381.75 83.10 70.35 116.05 101.25 176.00 86.50 119.75 356.60 106.20 22.10 774.75 228.40 1028.80 166.10 63.40 137.80 149.70

2nd
122 208 592 139 52 176 72 571 338 354 675 851 358 277 19 32 49 154 131 73 235 78 66 847 19 462 49 486 77 2146 139 183 392 91 73 119 106 182 92 127 405 111 23 791 233 1062 171 66 149 156

(Rs Crore)
21637 9622 3833 7582 6791 4990 1548 2292 7661 4218 12659 10940 3320 4113 2850 1847 1774 5914 12666 2143 9691 5757 1661 17274 4322 20295 2970 9394 1873 17780 946 12908 6410 1536 2336 1872 4716 4805 2317 6865 9085 6567 4193 9838 20277 28194 7671 2997 4560 3065

Adani Power Ltd. 63 Allahabad Bank 186 Alstom Projects India Ltd. 541 Andhra Bank 128 Ashok Leyland Ltd. 49 Aurobindo Pharma Ltd. 162 Bajaj Hindusthan Ltd. 63 BEML Ltd. 501 Bharat Forge Ltd. 311 CESC Ltd. 313 Cummins India Ltd. 577 Divi'S Laboratories Ltd. 785 Educomp Solutions Ltd. 324 Great Eastern Shipping Company Ltd. 257 GVK Power & Infrastructure Ltd. 17 Hindustan Construction Company Ltd. 28 Hotel Leela Venture Ltd. 41 Housing Development & Infrastructure Ltd. 126 IDBI Bank Ltd 124 India Cements Ltd. 65 Indian Bank 205 Indian Hotels Company Ltd. 72 IVRCL Ltd. 57 JSW Steel Ltd. 663 Lanco Infratech Ltd. 16 Lupin Ltd. 432 Mahanagar Telephone Nigam Ltd. 44 Mphasis Ltd. 393 NCC Ltd. 63 Oracle Financial Services Software Ltd 2056 Patel Engineering Ltd. 130 Petronet LNG Ltd. 157 Piramal Healthcare Ltd. 366 Praj Industries Ltd. 72 Punj Lloyd Ltd. 66 Rolta India Ltd. 112 Shipping Corpn. Of India Ltd. 95 Sintex Industries Ltd. 168 Sterling Biotech Ltd. 76 Syndicate Bank 104 Tata Chemicals Ltd. 216 Tata Global Beverages Ltd 99 Tata Teleservices (Maharashtra) Ltd. 21 Tech Mahindra Ltd. 751 Titan Industries Ltd. 218 Ultratech Cement Ltd. 929 United Phosphorus Ltd. 153 Vijaya Bank Ltd 55 Voltas Ltd. 120 Welspun Corp Ltd. 134

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Ex-Date
1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 1-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 2-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 3-Aug-11 4-Aug-11 4-Aug-11

Company Name
Gillanders Arbuthnot & Company Limited Supreme Tex Mart Limited Rajshree Sugars & Chemicals Limited Piramal Glass Limited Brigade Enterprises Limited Suven Life Sciences Limited Goldiam International Limited Bedmutha Industries Limited Page Industries Limited Greenply Industries Limited Ashok Leyland Limited Minda Industries Limited Madras Cements Limited Core Projects and Technologies Limited The Lakshmi Finance & Industrial Corp. Shrenuj & Company Limited Ramco Industries Limited Numeric Power Systems Limited Tata Power Company Limited Tecpro Systems Limited TVS Motor Company Limited Honda Siel Power Products Limited Amara Raja Batteries Limited Adani Enterprises Limited V.S.T Tillers Tractors Limited Technofab Engineering Limited Adani Power Limited Ginni Filaments Limited AI Champdany Industries Limited Hindustan Composites Limited Tata Teleservices (Maharashtra) Limited Jay Bharat Maruti Limited ACC Limited TCI Finance Limited Nesco Limited Aventis Pharma Limited Maxwell Industries Limited Mundra Port and Special Economic Zone Punj Lloyd Limited Shalimar Paints Limited Melstar Information Technologies Limited Talwalkars Better Value Fitness Limited Deccan Cements Limited

NSE- Symbol
GILLANDERS SUPREMETEX RAJSREESUG PIRGLASS BRIGADE SUVEN GOLDIAM BEDMUTHA PAGEIND GREENPLY ASHOKLEY MINDAIND MADRASCEM COREPROTEC LAKSHMIFIN SHRENUJ RAMCOIND NUMERICPW TATAPOWER TECPRO TVSMOTOR HONDAPOWER AMARAJABAT ADANIENT VSTTILLERS TECHNOFAB ADANIPOWER GINNIFILA AICHAMP HINDCOMPOS TTML JAYBARMARU ACC TCIFINANCE NESCO AVENTIS MAXWELL MUNDRAPORT PUNJLLOYD SHALPAINTS MELSTAR TALWALKARS DECCANCE

Purpose
AGMAND DIVIDEND RS.4.50 PER SHARE ANNUAL GENERAL MEETING ANNUAL GENERAL MEETING DIVIDEND-RS.3.50 PER SHARE DIVIDEND-RS.1.50 PER SHARE AGMAND DIVIDEND RE.0.25 PER SHARE ANNUAL GENERAL MEETING

ANNUAL GENERAL MEETING

AGM/ DIVIDEND - RS.4/- PER SHARE AGMAND DIVIDEND RE.1/- PER SHARE BONUS 1:1 DIVIDEND-RS.3/- PER SHARE DIVIDEND-RS.1.25 PER SHARE AGMAND DIVIDEND RE.0.60 PER SHARE ANNUAL GENERAL MEETING/DIV.RS.2.50 P/S DIVIDEND - RE.0.60 PAISE PER SHARE AGMAND DIVIDEND RE.0.40 PER SHARE AGMAND DIVIDEND RS.3/- PER SHARE DIVIDEND-RS.12.50 PER SHARE AGMAND DIVIDEND RS.3/- PER SHARE ANNUAL BOOK CLOSURE & 2ND INTERIM DIVID
AGMAND DIVIDEND RS.7.50 PER SHARE

AGMAND DIVIDEND RS.2.60 PER SHARE

DIVIDEND-RE.1/- PER SHARE

AGMAND DIVIDEND RS.9/- PER SHARE DIVIDEND-RS.1.50 PER SHARE ANNUAL GENERAL MEETING ANNUAL GENERAL MEETING ANNUAL GENERAL MEETING AGMAND DIVIDEND RS.2/- PER SHARE ANNUAL GENERAL MEETING DIVIDEND-RS.2/- PER SHARE
INTERIM DIVIDEND RS.11/- PER SHARE

ANNUAL GENERAL MEETING AGMAND DIVIDEND RS.2.50 PER SHARE INTERIM DIVIDEND RS 4 PER SHARE AGMAND DIVIDEND RE.0.10 PER SHARE ANNUAL GENERAL MEETING AGMAND DIVIDEND RE.0.15 PER SHARE DIVIDEND-RS.8/- PER SHARE ANNUAL GENERAL MEETING AGMAND DIVIDEND RE.1/- PER SHARE DIVIDEND-RS.1.20 PER SHARE

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FUNDAMENTAL STOCK RECOMMENDATIONS DESK

Name of the Company
Surya Pharmaceutical Ltd. Andhra Bank

Date of latest Report Target Price as on %Upside/ Overall Report Recommondation Price Price 29.07.11 Downside Return %
09.07.11 02.07.11 11.06.11 14.05.11 08.04.11 26.03.11 12.03.11 19.02.11 08.01.11 27.11.10 16.10.10 09.10.10 21.08.10 02.08.10 02.07.10 05.06.10 28.05.10 22.05.10 30.05.10 10.04.10 03.04.10 27.03.10 20.03.10 13.03.10 06.03.10 20.02.10 13.02.10 02.02.10 16.01.10 02.01.10
BUY BUY BUY BUY BUY BUY TGT ACHIEVED BUY BUY BUY TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED BUY BUY TGT ACHIEVED TGT ACHIEVED BUY BUY TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED TGT ACHIEVED

21.1 132.9 184.5 128.0 188.4 406.6 287.0 747.8 755.3 214.0 211.1 130.4 542.0 254.8 264.9 137.1 203.5 319.3 71.0 612.3 124.4 89.6 431.3 187.3 119.4 235.4 103.0 264.9 249.2 82.4 23.0

29 164 238 174 240 510 335 850 920 305 231 146 635 315 315 157 431 431 91 769 162 137 504 257 160 278 122 307 343 114 32

20.1 135.5 168.4 98.6 167.4 454.6 327.5 640.8 871.8 209.3 176.0 167.3 654.7 388.4 215.3 162.3 219.1 240.4 84.8 363.0 142.1 102.0 492.4 317.8 128.7 271.7 151.9 259.8 310.7 172.1 25.1

37.77% 23.40% 29.00% 35.94% 27.39% 25.43% 16.72% 13.67% 21.81% 42.52% 9.43% 11.96% 17.16% 23.63% 18.94% 14.51% 111.85% 34.98% 28.17% 25.60% 30.23% 52.99% 16.87% 37.25% 34.06% 18.12% 18.50% 15.91% 37.64% 38.35% 39.13%

-4.75% 1.96% -8.73% -23.01% -11.17% 11.81% 14.09% -14.31% 15.42% -2.22% 20.78% 7.69% -24.71% 14.23% 13.85% -

Hindalco Industries Ltd. Escorts Ltd. Era Infra Engg. Ltd. Lupin Ltd. Coromandel International Ltd. Shriram Transport Finance Company Ltd. Jammu & Kashmir Bank Ltd. Uflex Ltd. Sintex Industries Ltd. Marico Ltd. Torrent Pharmaceuticals Ltd. ABG Shipyard Ltd. Vardhman Textiles Ltd. Bajaj Electricals Ltd. Torrent Power Ltd. UCO Bank Havells India Ltd. Hindustan Zinc Ltd. Gujarat State Petronet Ltd. Monnet Ispat & Energy Ltd. SRF Ltd. IDBI Bank Ltd Mcleod Russel India Ltd. JBF Industries Ltd. Sobha Developers Ltd. Yes Bank Ltd. Petronet LNG Ltd. Alok Industries Ltd.

Deepak Fertilisers & Petrochemicals Corpn. Ltd. 26.06.10

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EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 29th July 2011
Total No. of Calls
29

Profitable Calls
19

Positional/Hold
0

Exit/Stop Loss
10

Success Rate
65.52%

NAME
Varun Gupta Pashupati Nath Jha Vikram Singh

DESIGNATION
Head - Research Research Analyst Research Analyst

E-MAIL
varungupta@moneysukh.com pashupatinathjha@moneysukh.com vikram_research@moneysukh.com

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