US Markets closed flat.
Europe markets ended green.
Asian markets are trading positive.
Expect Indian Markets to open positive..
Nifty: (5402) Support 5386 and Resistance 5447.

INTRADAY BEEPS

BUY M&M TARGET 650 SL 610;
BUY BATA INDIA TARGET 330 SL 300 ;
BUY AMBUJA CEMENT TARGET 128 SL 120;
BUY GLOBUS SPIRIT TARGET 170 SL 160;
BUY JBF IND TARGET 150 SL 140;
BUY INDIAN HOTEL TARGET 107 SL 99;
BUY BAJAJ HIND TARGET 117 SL 111;
BUY APOLLO TYRE TARGET 75 SL 69;
BUY ADANI POWER  TARGET 140 SL 133;


STOCK BEEPS

-Kingfisher Airlines Will immediately seek to raise up to USD 250 million by way of GDR
-Sun Pharma's US subsidiary gets warning letter from US FDA
-Sun Pharma announces USFDA approval for generic Strattera Capsules
-Natco Pharma to partner US company to market generic Revlimid:Sources
-Tata Motors AGM today
-HDFC ups prime lending rate by 50 bps from today
-OIL PSUs to cut aviation fuel prices by average of Rs 1,793/kl
-Reliance Broadcast board meet today on preferential allotment to promoters & Others
-Sayaji Hotels: Issued 15 lakh fresh equity & 18 lakh warrants to promoters at Rs 125/share
-Jindal Poly Films board meet on September 3 for Bonus
-BHEL goes Ex-Dividend today @ Rs.12.3/shr
-Aegis Log Board Meets on Stock Split
-Shilpha Medicare Board Meets on Results
-Kouton Retail Board Meets on Audited Numbers

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15"

US Markets closed lower.
Europe markets also ended down.
Asian markets are trading negative.
Expect Indian Market to opem weak.
Nifty: (5415) Support 5366 and Resistance 5453.

INTRADAY BEEPS

BUY CORE PROJECT TARGET 275 SL 253;
BUY MUNDRA PORT TARGET 790 SL 750;
BUY POWER GRID TARGET 114 SL 104;
BUY USHA MARTN TARGET 90 SL 81;
BUY UNIPHOS TARGET 180 SL 190;
BUY PFC TARGET 375 SL 340;


STOCK BEEPS


-RIL buys 14.12% stake in EIH for Rs 1,021 crore;deal price works out to be Rs 184/share (CMP Rs 151)
-ONGC seeks details of Vedanta's Cairn India deal
-RBI gives clearances to banks for restructuring aviation loans;positive for airline companies
-Kingfisher board meets today on GDR Issue
-Pharmac to fund Dr Reddy's Quetiapine brand
-Kwality Dairy board approves fund raising up to Rs 1000 crore via rights, QIP, GDR, FCCB
-Kalindee Rail : Bags order worth Rs 180 crore from Vedanta Group
-M&M ends contract with US distributor to sell pick up trucks
-Gitanjali plans to acquire Italian Jewellery house
-JK Cement top brass held talks with Holcim for possible JV,acquisitions
-HPCL to buy out 50% in Prize Petro JV and merge with itself
-Cement price cut by Rs 2-4/kg in western India
-In T2T from September 3: Elder Healthcare, House of Pearls, Jagson Airways, Saregama India, Galaxy Entertainment

Ex-Dates
-GHCL : Ex-Dividend @ Rs 2/share
-Radico Khaitan : Ex-Dividend @ Rs.0.6/share
-Harrisons Maly : Ex-Scheme of Arrangement ((Demerger of Investment Undertaking of Harrisons Malayalam to Sentinel Tea and Exports, Ratio of Allotment in ratio of 1:1))

" Hey frind Do u want earn money frm your twitter account ??.Don't waste ur time - http://spn.tw/r3a15"

Please join our twitter for live tips http://twitter.com/buzibiz

US Markets closed negative.
Europe markets ended positive.
Asian markets are trading weak.
Expect Indian Markets to open flat.
Nifty: (5478) Support 5416 and Resistance 5506.

INTRADAY BEEPS

BUY INDUSIND BANK TARGET 240 SL 217;
BUY JYOTI STRUC TARGET 155 SL 140;
BUY CERA TARGET 370 SL 350;
BUY OPTO CRCUITS TARGET 290 SL 277;
BUY APOLLO TYRE TARGET 77 SL 71;
BUY TIIL TARGET 70 SL 64;
BUY ELECTHERM TARGET 330 SL 313;
BUY CENTRALBK TARGET 190 SL 177;
BUY THOMASCOOK TARGET 73 SL 66;

STOCK BEEPS

-Jet Airways sought RBI approval to raise USD 750 million via ECBs
-L&T to foray into banking to strengthen core funding, Naik said in AGM
-REI Six Ten Retail Board approves Fund raising in one or more
tranches up to $200 million
-ONGC board okays Rs 372 crore investment in Western Offshore
-Crisil may sell 5% in NCDEX to JM Trustee co
-Tata Power eyes stake in Intergen, in talks with GMR
-Clearwater to acquire 33% stake in Kamat Hotels, concerted USD 5.6
million FCCB at Rs 135/share, to convert further USD 12.4 million in a
year, deal to trigger open offer
-Godrej Properties plans Rs 1000 cr QIP issue in FY11

Board Meets Today

-HCL Infosystems : Results
-Prime Focus : To Consider Stock Split & Fund raising
-Ansal Housing & Construction : To issue shares/warrants on prefertial issue
-Oudh Sugars : Results
-Edserv Softsystems : Issue of Securities

Ex-Dates Today

-Lupin : Ex-Split in ratio of 5:1
-Nationa Aluminum : Ex-Dividend @ Rs 1/share

US Markets closed green.
Europe markets ended negative.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5462) Support 5416 and Resistance 5493. Volatilty expected
being expiry day.

INTRADAY BEEPS

BUY RAYMOND TARGET 390 SL 370;
BUY CENTURY PLY TARGET 72 SL 65;
BUY HCL TECH TARGET 425 SL 403 ;
BUY BHARAT FORGE TARGET 365 SL 350;
BUY OPTO CIRCUITS TARGET 285 SL 270;
BUY MARICO TARGET 135 SL 124;
BUY KPR MILL TARGET 205 SL 193;
BUY NATCO PHARMA TARGET 250 SL 230;


STOCK BEEPS

-Sesa Goa Minority shareholder moves SC against Cairn open offer
-Mukesh Ambani Restructures holding companies that control RIL
-Gayatri Projects: Banks sanction debt requirements to its arm which is developing 1320MW power plant ((Financial Closure))
-Aegis Logistics board meet on September 1 to raise funds & Stock Split
-Exim Bank of USA approves finance of USD 911 million for Rel Power's Sasan project
-Sun Pharma opposes Wockhardt settlement with some of its creditors, Sun holds 20% of the FCCB issued by Wockhardt
-Cipla gets nod to acquire Meditab for Rs 133 crore
-Shriram group drops plans to acquire Citi Financial India – BS
-Kris Gopalakrishnan tipped to be next Infosys chairman – FE


Board Meets
-Bajaj Corp: Results
-Su-Raj Diamond : Issue of shares on preferential basis
-Rei Six Ten Retail : Raising of funds

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Rakesh Jhunjhunwala has reduced stakes recently in some companies such as JB Chemicals, Mid-Day Multimedia, Praj Industries, Rishi Laser,
Titan Industries and Vadilal Industries. These conclusions are based upon declared shareholding patterns of Rakesh Jhunjhunwala portfolio
companies in 2010 till now.

Praj (nearly 16,000 shares sold) and Titan Industries (around 2 lakh shares sold) appears modest, in other four stocks Rakesh Jhunjhunwala has reduced his stakes to below 1 per cent.

In case of Mid-Day Multimedia, Jhunjhunwala sold his stocks (4.26 per cent for Rs 8 crore) a month before the company announcement of merger of its newspaper business with Jagran Prakashan.

Eight stocks in his portfolio underperformed the broader market (BSE 500) while the rest 18 generated positive returns with VIP Industries, Agro Tech Foods, Prime Focus and Rallis gaining above 30 per cent in the quarter.

In cases of JB Chemicals (where he held 1.48 per cent in the January-March quarter), Rishi Laser (held 4.45 per cent) and Vadilal Industries (held 2.78 per cent), there is absolutely no mention of Rakesh Jhunjhunwala or his associates in their latest shareholding patterns. These could also be stocks he exited. It is quite likely that he has completely exited some companies whereas in others, he reduced holdings below the 1 per cent mark, which is why his name
doesn't figure in their shareholding patterns.

Rakesh Jhunjhunwala is known to exit when stock valuations peak out, might have exited JB Chemicals (stock rose 25 per cent during April-June), Mid-Day Multimedia (15 per cent rise) and Vadilal (50 per cent rise) observing a rally in these shares.

Two stocks where Jhunjhunwala hiked his stakes in the April-June quarter were Geometric and VIP Industries. Geometric saw almost 95,000 shares added to his portfolio while in VIP Industries, he added 3.8 lakh shares to his portfolio within the three-month. The stock rose 25 per cent in the past fortnight.

Many investors in Indian stock markets follow stocks in Rakesh Jhunjhunwala portfolio. Karur Vysya Bank, Lupin, Crisil and Hindustan Oil Exploration are some of his discoveries.

Rakesh Jhunjhunwala portfolio did not show any change in 22 other portfolio stocks such as Agro Tech Foods, Bilcare, Geojit BNP, ION Exchange, Kajaria Ceramics, McNally Bharat, Provogue, Rallis India,Strides Arcolab, Viceroy Hotels and Zen Technologies.

It is heard on streets that Rakesh Jhunjhunwala is buying stocks of Kingfisher Airlines. Not seen his name yet anywhere in shareholders.Also, Rare enterprises name appeared in bulk deals list of Visaka industries.

Rakesh Jhunjhunwala Portfolio - As In June 2010 (Data Source - Stock Exchange Website)

AGRO TECH FOODS LTD.                    2,003,259
ALPHAGEO (INDIA) LIMITED                       125,000
AUTOLINE INDUSTRIES LIMITED    1,251,233
BILCARE LTD.                                    2,002,925
CRISIL LIMITED                                      550,000
GEOJIT BNP PARIBAS                           18,000,000
GEOMETRIC LIMITED                    4,900,000
HINDUSTAN OIL EXPLORATION CO. LTD    7,272,416
ION EXCHANGE (INDIA) LTD.                      650,000
KAJARIA CERAMICS LTD    2,502,642
KARUR VYSYA BANK LTD    2,041,224
LUPIN LIMITED                    3,248,835
PRAJ INDUSTRIES LTD    14,460,624
PRIME FOCUS LIMITED       882,500
PROVOGUE (INDIA) LIMITED    1,900,000
PUNJ LLOYD LIMITED    3,790,000
RALLIS INDIA LTD.                     746,588
SREI INFRA FINANCE    1,250,000
STRIDES ARCOLAB                       500,000
TITAN INDUSTRIES LTD.    3,626,061
VICEROY HOTELS LIMITED    4,750,000
VIP Industries                 1,643,000
ZEN TECHNOLOGIES LTD.       900,000


-----
STOCK BEEPS

-Listing of Prakash Steelage today
-NALCO cuts aluminium product prices by Rs 5,000/t
-Temptation Foods Allots 1.53 crore shares @ Rs 36/share to non-promoters on preferential basis
-TCS bags Rs 150 crore order from MP govt
-Piramal Health puts 40 acres of prime land in Mumbai on block –
-M&M-SSangyong to source USD 4-5 billion of components
-Religare Enterprises Open offer at Rs 445/share

Board Meet
-Mphasis: Results
-Cipla on Special Dividend
-Crisil: Buy-Back
-Ind-Swift: Issue of Securities
-State Bank of Mysore: Rights Issue
-Paramount: Issue of securities to promoters
---
IPO Listing - Prakash Steelage Ltd
IPO Listing Detail

Listing Date: Wednesday, August 25, 2010
NSE Symbol: PRAKASHSTL
ISIN: INE696K01016
Issue Price: Rs. 110.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

US Markets closed negative.
Europe markets ended lower.
Asian markets are trading in red.
Expect Indian Markets to open negative.
Nifty: (5540) Support 5493-5453 and Resistance 5567.

INTRADAY BEEPS

BUY NATCO PHARMA TARGET 225 SL 198;
BUY WOCKHARDT TARGET 240 SL 212;
BUY ICICI BANK TARGET 1030 SL 970;
BUY BATA INDIA TARGET 335 SL 315 ;
BUY PVR TARGET 170 SL 161;
BUY CIPLA TARGET 310 SL 297;
BUY BARTRONICS TARGET 135 SL 126;
BUY EDUCOMP TARGET 600 SL 580;

STOCK BEEPS

-RPG group gives final touches to the realignment of biz between Harsh & Sanjiv Goenka, Harrisons Malayalam will continue to be with RB Goenka
-Sebi rejects RIL's plea to settle insider charges
-Jet seeks RBI nod to raise ECBs to pay rupee loans
-GMR denies in talks with Chinese company for stakes sale in Intergen
-GVK eyes Siemens 40% stake in BAIL, company ready to pay Rs 105/sh
-RIL, NTPC dispute to be resolved soon
-Emami looking for buyouts, appoints E&Y as banker
-SEBI wants tax breaks on ELSS to stay, move may bring respite to MFs
-Cairn to seek approvals for Vedanta deal
-Future Capital, Essar Shipping, Ramsarup Ind, Abhisekh Ind categorized at T2T
-Redington India :Arrangement with Pioneer India Electronics Pvt Ltd as a Regional Distributor
-AGM: Grasim, United Breweries


Ex-Dates
-Redington (India): Ex-Split ( 5:1)
-Chennai Petroleu : Ex-Dividend @ Rs.12/share
-MM Forging: Ex-Dividend @ Rs.1.5/share

US Markets closed positive.
Europe markets ended higher.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5414) Support 5378 and Resistance 5469.

INTRADAY BEEPS

BUY INDIA INFOLINE TARGET 114 SL 103;
BUY BPCL TARGET 690 SL 667;
BUY INDIA BULLS TARGET 160 SL 150;
BUY IOB TARGET 140 SL 128;
BUY PRAKASH TARGET 186 SL 169 ;
BUY ONMOBLE TARGET 335 SL 318;
BUY JBF IND TARGET 145 SL 140;
BUY CANARA BANK TARGET 540 SL 505 ;
BUY YES BANK TARGET 340 SL 320 ;



STOCK BEEPS


-Bajaj Corp to List today on stock exchange:
-Videocon/BPCL Announces oil discovery in the Rovuma Offshore Area 1 block
-Future Ventures files DRHP to raise Rs 750 crore
-S&P puts Vedanta on negative watch on Cairn India buy
-Fitch downgrades Vedanta to BB+ on Cairn India buy
-ONGC may counter bid for Cairn, Oil ministry wants somebody to make better offer to trump Vedanta's bid
-Nuclear bill to go through, but private players barred
-IL&FS Investment Managers looking to exit from 6 of its investment mainly in the real estate space by year end, plans to raise Rs 1500-2000 crore
-Govt may offload only 5% stake in PFC
-Govt may allow 100% FDI in ARCs
-ADAG to buy Indiabulls 26% stake in Indian Commodity Exchange
-NDTV stock rallies on stake sale buzz in NDTV Imagine
-NTPC-BHEL JV looking for global tech partner
-Mindtree in talks to raise billing rates
-Time Techno eyes 2 more acquisition overseas this fiscal
-Madhucon to start mining at Sumatra block in 2-3 months
-RNRL-RPower merger dragged to HC; Rs 800 crore loss alleged
-Jupiter Bioscience board meet on 24th Aug to mull issue shares on pref basis
-Jyoti Strutures board meet to mull fund raising via equity linked instruments

Ex-Dates
Aegis Logistics : Ex-Bonus 2:3
HDFC : Ex-Split ((5:1))
Bharti Airtel : Ex-Dividend @ Re 1
Rohit Ferro : Ex-Split 2:5
Titagarh Wagon : Ex-Dividend @ Rs 5/shr
Neyveli Lignite : Ex-Dividend @ Rs 1/shr

Bajaj Corp Ltd IPO:

Bajaj Corp Ltd IPO will list on Wednesday, August 18, 2010. Issue
price of this IPO has been fixed at Rs 660/- per share. IPO was
oversubscribed by 19.29 times (6.62 times in retail).

IPO Listing Detail

Listing Date: Wednesday, August 18, 2010
NSE Symbol: BAJAJCORP
ISIN: INE933K01013
Issue Price: Rs. 660.00 Per Equity Share
Face Value: Rs. 5.00 Per Equity Share
BUZIBIZ

US Markets closed flat.
Europe markets ended flat.
Asian markets are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5418) Support 5359 and Resistance 5447.

INTRADAY BEEPS

BUY YES BANK TARGET 330 SL 314;
BUY ANDHRA BANK TARGET 160 SL 150;
BUY AJMERA TARGET 245 SL 217;
BUY MOTHERSUMI TARGET 186 SL 179;
BUY ADHUNIK TARGET 130 SL 117;
BUY IDBI BANK TARGET 132 SL 120;
BUY TATA CHEM TARGET 405 SL 378;
BUY IBREALST TARGET 115 SL 108;

BUY PRAJ INDS ONE WEEK DELIVERY TARGET 85

STOCK BEEPS

-Stocks Include in T2T w.e.f from August 20, Essar Shipping, Abhisekh Ind., Future Capital, Ramsarup Industries
-Siemens VAI bags 10 million Euro Order From SAIL For Orissa Plant
-Engine Faults ground 9 Kingfisher jets
-Mahindra Satyam wins Upaid case
-JSPL acquires land to start USD 2.1 billion. steel plant in Bolivia
-Biocon shares surge of Pfizer deal talks
-HDFC Ventures buy 10% in Lodha Projects for Rs 250 crore
-Gujarat Pipavav Port issue opens on Aug 23
-Redington India sings distribution tie up with Imation India Pvt. Ltd for their storage media products
-SR Inds board to consider Right Issue on 21 August
-Royal Orchid board meet on 19 August to consider NCD &/or equity linked Instruments (QIP)
-Biocon launches new healthcare division for critical illnesses & acute hospital acquired infections
-4 member committee advised MOEF against allocation of the Nyamgiri bauxite mine to Vedanta
-Cox & Kings launches GDR issue; offer price at Rs 569.2/share
-ICICI Bank Ups PLR & floating reference rate by 50 bps W.e.f August 18
-Apollo Hospital Ties up with Stemcyte of US;

BUZIBIZ

US Markets closed negative.Europe markets also ended lower.Asian markets are trading weak.Expect Indian Markets to open flat.Nifty: (5452) Support 5386 and Resistance 5495

INTRADAY BEEPS

Buy Neyveli Lignite, SL Rs 156, target Rs 181.
Buy Adani Enterprises, SL Rs 594, target Rs 688.

Delivery Beeps

Buy South Indian Bank Target 230
Buy Hanung Toys  Target 300


MARKET OUTLOOK 13-08-2010

US Markets closed negative.
Europe markets ended flat.
Asian markets also are trading mixed.
Expect Indian Markets to open flat.
Nifty: (5416) Support 5366 and Resistance 5447-5493.

INTRADAY BEEPS

BUY OPTO CIRCUIT TARGET 280 SL 266;
BUY PARAL TARGET 360 SL 325;
BUY UNION BANK TARGET 335 SL 326;
BUY SHASUN CHEM TARGET 87 SL 80;
BUY JHS TARGET 92 SL 75;
BUY SUNDRMFAST TARGET 55 SL 51;
BUY ASAHI INDIA TARGET 89 SL 77;
BUY NEYVELI LIGNITE TARGET 175 SL 165;
BUY BIOCON TARGET 340 SL 330;
BUY MRPL TARGET 85 SL 77;

STOCK BEEPS

-Results today: Adani Enterprises, Reliance Communications, Suzlon,Wockhardt, Cipla, Tanla Solutions, Deccan Chronicle, HMT, Saregama India, Patel Engineering, Finolex Inds
-Essar Shipping to demerge shipping, logistics and oil fields businesses into a separate entity;Demerger will create 2 separate entities Essar Ports (Existing company) & Essar Shipping;One (1) share of the new company for every 3 held currently ;Existing 3 shares to be consolidated into 2 shares
-RBI eases ECB rules for hotels, hospitals & software
-ABG Infra Grant of Letter of Award (LOA) by Tuticorin Port Trust
-Sadbhav Engg rights issue to open on Aug 18
-Jyoti Structure Mulls meet on August 18 for Fund raising via equity instruments ((QIP))
-Parliament passes State Bank of India Amendment Bill
-Kalindi Rail board approves issue of 10 lakh convertible warrants to promoter
-PFC Approved sales of shares via QIP or FPO up 20%
-BF Utilities to sell 10% in Nandi Corridor to JP Morgan PE
-NMDC may rope on Kobe for Aussie ore project
-TVS To restart twin spark-plug Flame

RESULT UPDATE

Tata Steel Q1 net profit at Rs 1,825.3 cr vs net loss of Rs 2,208.7 cr (YoY)
Ansal Properties Q1 Cons net profit at Rs 36.9 cr vs Rs 10.3 cr (YoY)
Adhunik Metaliks Q1 PAT at Rs 18.3 cr vs Rs 6.66 cr ((YoY))
Indiabulls Real Estate Q1 PAT at Rs 25.1 cr vs Rs 6.2 cr (QoQ)
Divis Lab Q1 PAT at Rs 84 cr vs Rs 58 cr ((YoY))
MTNL Q1 Loss of Rs 451 cr vs Rs 42.4 cr ((YoY))
Hindustan Copper Q1 PAT at Rs 26.2 cr vs Rs 0.23 cr ((YoY))
Apollo Hospital Q1 PAT at Rs 39.2cr vs Rs 44.8 cr ((YoY))

BUZIBIZ

US Markets closed negative.Europe markets also ended lower.Asian markets are trading weak.Expect Indian Markets to open flat.Nifty: (5452) Support 5386 and Resistance 5495

INTRADAY BEEPS

Buy Neyveli Lignite, SL Rs 156, target Rs 181.
Buy Adani Enterprises, SL Rs 594, target Rs 688.

Delivery Beeps

Buy South Indian Bank Target 230
Buy Hanung Toys  Target 300

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

US Markets closed higher.
Europe markets ended positive.
Asian markets are trading green.
Expect Indian Markets to open positive.
Nifty: (5432) Support 5366 and Resistance 5477.

INTRADAY BEEPS

BUY YES BANK TARGET 315 SL 300;
BUY PUNJAB NATIONAL BANK TARGET 1150 SL 1100 ;
BUY HINDALCO TARGET SL ;
BUY SOBHA TARGET 340 SL 329 ;
BUY MLL TARGET 52 SL 46 ;
BUY JP ASSOCIATES TARGET 122 SL 115;
BUY IBREALEST TARGET 173 SL 164 ;
BUY GMR INFRA TARGET 60 SL 55 ;
BUY AUROBINDO PHARMA TARGET 999 SL 980 ;

STOCK BEEPS

-Maruti hikes car prices by Rs 2,000-7,500
-Lok Sabha passes State Bank of India Amendment Bill 2010, Bill will allow SBI to raise capital via rights issue
-Hero Honda July total sales at 4.27 lakh units versus 3.66 lakh units (YoY)
-Zenith Birla approved to raise funds worth Rs 350 crore
-Oriental Hotels: Board approved stock spilt in ratio of 10:1
-Malaysia’s Astro to increase stake in Sun Direct
-Indian banks hit hard by Zoom Developers’ delinquency, banks collectively owe Rs 2650 crore
-Results Today: Hindalco, Punj Lloyd, NDTV, Swaraj Engines, Welspun India, Shiv Vani Oil
-Ex-Dates: ITC :Ex-Bonus 1:1
-Rel Infra mulling demerging its EPC business
-SEBI issues show cause notice to RNRL and Reliance Infra
-Tata Steel In talks with Thailand-based SSI for selling Teeside
-NMDC Q1 PAT at Rs 1504 crore versus Rs 773 crore ((YoY))
-Nestle India Q2 Net profit at Rs 195 crore versus Rs 163 crore (YoY)
-Madras Cement Q1 Net profit at Rs 72.6 crore versus Rs 138.4 crore (YoY)
-Gulf Oil Q1 PAT at Rs 9.3 crore versus Rs 20.9 crore ((YoY))

BUZIBIZ

Value Pick for Long Term Delivery >> 01-08-2010 <<

1] Buy Apollo Tyres Ltd. - One year Return - 25%
Recommendation: BUY CMP: Rs:64 Target Price: Rs:80 >> More >>

2] Buy Essel Propack - One Year Return - 40% Recommendation: BUY CMP: Rs:48 Target Price: Rs:70 >> More >>

3] Buy Orient Paper & Industries - One Year Return - 15% Recommendation: BUY CMP: Rs:54 Target Price: Rs:63 >> More >>

4] Buy Genus Power - One Year Return - 30% Recommendation: Buy Price Target: Rs:300 CMP: Rs:229 >> More >>

5] Buy 3i Infotech - One Year Return - 60% Recommendation: Buy Price target: Rs:100 Current market price: Rs:63 >> More >>

6] Buy Bank of Baroda - One Year Return - 25% Recommendation: Buy Price target: Rs:935 CMP: Rs:753 >> More >>

7] Buy IPCA Laboratories - One Year return 25% Cluster: Ugly Duckling Recommendation: Buy Price target: Rs:350 Current market price: Rs:280 >> More >>

8] Buy Provogue India Ltd - One Year Return - 50% Recommendation: Buy Price target: Rs:90 Current market price: Rs:58 >> More >>