US Markets closed positive.
Europe markets ended higher.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5486) Support 5431 and Resistance 5492-5545.

INTRADAY BEEPS

BUY CENTURY TEXT TARGET 490 SL 465;
BUY GIC HSG TARGET 140 SL 130;
BUY PIPAVAV TARGET 113 SL 105;
BUY CANFIN HOME TARGET 165 SL 154;
BUY ESSAR SHIP TARGET 133 SL 125;
BUY TATA COMM TARGET 310 SL 287;
BUY AJMERA TARGET 185 SL 171;
BUY BALLARPUR TARGET 38 SL 34;
BUY PARSVNATH TARGET 142 SL 133;
BUY AUTOIND TARGET 190 SL 179;

STOCK BEEPS

-Results today: Tata Motors, Educomp, Rolta India, Great Offshore,Hindustan Motors,  Nagarjuna Construction, Piramal Healthcare, Asian Hotels, Prime Focus, Amtek Auto, IVRCL   Infra, RCF, Jai Corp, KRBL -Kalindi Rail board Meeting on August 12, 2010 to consider issuance of convertible warrants  to promoter group
-Tulip Telecom board has approved to raise upto Rs 1000 crore in 1 or more tranches
-Novelis (Hindalco's Subsidiary) to declare earnings today
-GMR gets feelers to buy 50% stake in Intergen
-Bhilwara Energy plans IPO to raise Rs 1000-1200 crore
-Lupin sues Ranbaxy in US for patent infringement
-Camlin Fine Chem rights issue opens today
-Coal India Files DHRP, may raise Rs 17700 crore via IPO, Coal India IPO in October
-DRL:Darbepoetin has not been launched by Amgen in India
-Home Ministry asks DoT to stop all 3G services unit system in place to enable full tapping  of lines

Ex-DATEs

-Edelweiss Capital : Ex-Bonus 1:1 & Ex Split 5:1
-HCC : Ex-Bonus @ 1:1
-Grasim : Ex-Dividend @ Rs 30/share
-Tata Motors : Ex-Dividend @ Rs 15/share
-Tata Motors DVR : Ex-Dividend @ Rs 15.5/share

RESULT UPDATE

-Opto Circuits Q1 PAT at Rs 83 cr vs Rs 59.2 cr (YoY)
-Dwarikesh Sugar Q3 PAT at Rs 7 cr vs Rs 14 cr (YoY)
-Punjab Chemical Q1 Loss at Rs 15.5 cr vs Rs 3.45 cr (YoY)
-Andhra Sugars Q1 PAT at Rs 5.1 cr vs Rs 12.8 cr (YoY)
-Sujana Tower Q1 PAT at Rs 13.11 cr vs Rs 6.5 cr (YoY)
-HBL Power Systems Q1 PAT at Rs 7.09 cr vs Rs 26 cr ((YoY)
-Harrisons Malayalam Q1 Loss at Rs 3.9 cr vs PAT at Rs 2.9 cr (YoY)
-LT Food Ltd Q1 PAT at Rs 7.44 cr vs Rs 16.6 cr (YoY)
-Electrosteel Casting Q1 PAT at Rs 30.08 cr vs Rs 58.1 cr (YoY)
-Dalmia Cements Q1 Loss at Rs 19.09 cr vs PAT at Rs 58 cr (YoY)

BUZIBIZ