Dec 3rd 09 Oxyzen Market Report

www.oxyzen.co.
in Call: (79) 27553072/73 Email:

oxy@oxyzen.co.in
December 03rd, 2009
BSE LIVE 17,185.68 +15.77 +0.09% NSE 5,131.70 +8.45 +0.16%
It was a choppy session for the market that erased the morning gains and ended flat on
account of profit booking. Sensex shut shop at 17185, up 15 points and Nifty at 5131, up 8
points from the previous close. CNX Midcap index was up 0.59% and BSE Smallcap index
was up 0.92%. The market breadth was positive with advances at 747 against declines of
528 on the NSE. Top Nifty gainers included Cipla, Ranbaxy and Reliance Power while losers
4:03 PM||It w as a
were Tata Motors, IDFC and Suzlon. Buy DLF around Rs 325 with target of Rs
1000 in 3-4 years, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock is
3:59 PM||Buy <a h
currently trading at Rs 383, down 0.17% on the BSE. Buy UltraTech Cement
with target of Rs 1100-1200, says Hormuz Maloo of Geojit BNP Paribas on NDTV Profit. The
3:58 PM||Buy <a h
stock is currently trading at Rs 841, up 0.79% on the BSE. Buy RNRL with a
target of Rs 85-90 and stop loss of Rs 67, says Somil Mehta of Sharekhan on CNBC Awaaz.
3:57 PM||Buy <a h
The stock is currently trading at Rs 72, up 1.9% on the BSE.
Hold Jet Airways with a target of Rs 635 where one can exit, says Vijay Bhambwani,
technical analyst, on CNBC Awaaz. The fundamentals for this sector continue to be under
pressure; it's a technical bounce for now, he feels. The stock is currently trading at Rs 592,
up 10% on the BSE. The Dubai crisis may have been a blip, but global recovery and
excellent GDP numbers have been a good sentiment boost to our market, says Shahina
Mukadam, market expert, on Zee Business. But valuations do look a little stretched and
market will see profit booking at higher levels, she adds. Nifty is likely to consolidate around
4800-5200 levels for some time and see a convincing upmove only around March 2010, she
adds
The market will see profit booking at higher levels, says Vijay Bhambwani, technical analyst,
on CNBC Awaaz. Tomorrow being Friday, traders would be cautious and not buy in huge
volumes, he feels. If international cues are positive, and Nifty sustains above 5190 then on
can buy for a further upside, he adds. He top trading pick is RIL also good for the long term
T/36, Shantinagar Soc, Nr. Aroma School, Bh. Fortune Landmark, Ashram Rd- Usmanpura, Ahmedabad, Gujarat,
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The market ended flat with lot of volatility and profit booking. Sensex closed at 17158, down
11 points (provisional) and Nifty at 5122, down 1 point (provisional) from the previous close.
CNX Midcap index was up 0.57% and BSE Smallcap index was up 0.87%. The market
breadth was positive with advances at 761 against declines of 513 on the NSE.
3:35 PM||The mark
MARKET DATA
SENSEX 17185.68 15.77
Nifty 50 5131.7 8.45
Dow Jones 10452.68 -18.9
Nasdaq 2185.03 9.22
FTSE 5350.17 22.78
Nikkei 225 9977.67 368.73
Hang Seng 22553.87 264.3
Top Gainers & Losers
Top Gainers Top Losers
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Company (Group Price % Company (Group Price %

A) (Rs) Change A) (Rs) Change
IndiabullsFinServi
Jet Airways 598.2 11.3 ce 134.75 -4.4
Jubilant
Organosys 347.7 9.81 Tata Motors Ltd. 705.4 -3.34
1,235. Piramal
Hind. Zinc 95 7.16 Healthcare L 400.95 -3.27
United Spirits 1,391.
Ltd. 10 7.06 Thermax Limited 585.85 -2.8
IRB Infrastructure
Ranbaxy Labs. 511.05 5.67 D 248.5 -2.72
Markets News
➢ Unitech up 3.5%, adds 45 lakh shares in OI

➢ The stock futures have seen addition of over 2 crore shares today and the put call
ratio (PCR) has been moving up reports CNBC-TV18's Varinder Bansal. Unitech is up
3.5% with a good build-up of nearly
➢ European markets trading higher; CAC, DAX up
➢ At 3: 48 pm (IST), European markets were trading higher. CAC 40 was up 0.99% or
37.65 points at 3,833.57. DAX added 0.86% or 49.84 points at 5,831.52. FTSE 100
rose 0.56% or 29.85 points at 5,357.24..
➢ Sensex closes flat; SBI, metals up, FMCG, ICICI Bk dip
➢ The Sensex wiped out early gains in the last of hour trade and closed on a flat note
for the second consecutive day, after a volatile trade. It shrugged off positive global
cues. Traders were cautious
➢ Sensex erases early gains; FMCG, ICICI Bk, Infy, L&T drag
➢ At 14:40 hours IST - the Sensex was trading off its day's high, as private banking and
FMCG stocks, and stocks like Infosys, Tata Motors, SAIL, L&T, Hero Honda, Suzlon
Energy and DLF were seeing selli
➢ Nifty inches towards 52-wk high; ADAG stocks shine
➢ At 13.40 hrs IST, The Nifty extended gains and was near to its intermediate high of
5181.95. Buying was seen in almost all the sectors; oil & gas, banking, telecom,
metal and select technology stocks
➢ Angel Broking positive on Auto Sector
➢ Angel Broking has come out with its research report on Auto sector. The research
firm remain positive on the Indian Auto Sector. However, most of the Auto stocks
have registered a sharp run up in the
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➢ See rupee stabilising at 46-46.50/dollar level: UBS

➢ In an exclusive interview with CNBC-TV18, Bhanu Baweja, Head of Research and EM
Strategy, UBS, speaks about the currency market and his outlook for the Indian rupee
going forward....
➢ Bharti Shipyard excellent bet for long-term: Sanju Verma
➢ In an interview with CNBC-TV18, Sanju Verma, CEO-Institutional Business of Proactive
Universal Group, spoke about her reading of the market and her outlook....
➢ Sensex northbound; ACC, Hindalco, Grasim, Cipla top gainers
➢ At 11.57 hrs IST, continuous buying in oil & gas, banking, technology, cement, realty,
metal and select infrastructure stocks was helping the Sensex to maintain early
gains. However, selling in Tata
➢ See no arbitrage opportunity for Edelweiss: Experts
➢ In an interview with CNBC-TV18, SP Tulsian of sptulisan.com and Siddharth Shah,
Head–Funds Practice Group at Nishith Desai and Associates spoke about the Great
Offshore takeover saga and its ramificat
Stocks News
➢ Mphasis has target of Rs 830-840: Baliga

➢ Mphasis has target of Rs 830-840, says Ambareesh Baliga, Karvy Stock Broking....
➢ Bharti Shipyard looks expensive: Baliga
➢ Bharti Shipyard looks expensive, says Ambareesh Baliga, Karvy Stock Broking....
➢ Jindal Power IPO likely by Jan 2010: Naveen Jindal
➢ Naveen Jindal, Executive Vice Chairman and Managing Director, Jindal Steel and
Power announced that the Jindal Power initial public offer (IPO) was likely by January
2010 and that he aimed to raise US
➢ Avoid Tata Elxsi, says Akshata Deshmukh
➢ Ignore Tata Elxsi, says Akshata Deshmukh, Sr Research Analyst, Networth Stock
Broking....
➢ NIIT Technologies can touch Rs 220: Deshmukh
➢ NIIT Technologies can touch Rs 220, says Akshata Deshmukh, Sr Research Analyst,
Networth Stock Broking....
➢ Usha Martin can test Rs 89-90: Akshata Deshmukh
➢ Usha Martin can test Rs 89-90, says Akshata Deshmukh, Sr Research Analyst,
Networth Stock Broking....
➢ Reliance Comm top gainers on the Sensex
➢ Reliance Communications was quoting at Rs 179, up Rs 4.10, or 2.34%. It has
touched an intraday high of Rs 180.95 and an intraday low of Rs 175.10....
➢ Cipla makes smart gains
➢ Cipla touched a 52-week high of Rs 344.80. At 3:10 pm, the share was quoting at Rs
344.50, up Rs 13.40, or 4.05%. It was trading with volumes of 994,230 shares.
Yesterday the share closed up 0.73% or
➢ Ranbaxy Laboratories in good health
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➢ Ranbaxy Laboratories touched a 52-week high of Rs 508. At 2:57 pm, the share was
quoting at Rs 506, up Rs 22.35, or 4.62%. It was trading with volumes of 731,974
shares. Yesterday the share closed up
➢ Piramal Health approves fund raising up to Rs 1000cr
➢ Piramal Healthcare board has approved fund raising up to Rs 1,000 crore, reports
CNBC-TV18. It touched an intraday high of Rs 421.70 and an intraday low of Rs
396.90. At 2:49 pm, the share was quoting
Business News
➢ Unitech Wireless not to join national 3G auction

➢ Unitech Wireless, which on Thursday launched mobile services with Telenor, will not
participate in national auction of 3G mobile frequency, the president and chief
executive of the Norwegian telecom f
➢ Banks' short-term borrowing costs seen rising
➢ Banks will have to pay more for short-term borrowing in December as concern of
liquidity tightening by the central bank and higher supply as banks seek to narrow
asset-liability mismatches ahead of th
➢ Unitech Wireless eyes 8% market share by 2018
➢ Unitech Wireless, which on Thursday launched mobile services with Norwegian
telecom firm Telenor, is aiming for 8% market share by 2018, Managing Director
Stein-Erik Vellan said....
➢ Abu Dhabi bank comments on Dubai, grows in Asia
➢ National Bank of Abu Dhabi (NBAD) on Thursday said it will continue to invest in
Dubai but with caution, as it embarks on an expansion across Asia....
➢ Bharti Airtel says foreign buys still on hold
➢ Bharti Airtel's overseas acquisition plans are still on hold, its chief executive said on
Thursday....
➢ Mahindra Satyam jumps on JPMorgan upgrade: Dealers
➢ Shares in outsourcer Mahindra Satyam jumped as much as 9.6% on Thursday after
JPMorgan upgraded the stock to overweight from neutral, dealers said....
➢ ICICI Bank plans to raise $270m in bonds: Sources
➢ ICICI Bank, India's second-largest bank, plans to raise around Rs 12.5 billion (USD 270
million) via a bond sale that opens on Thursday, two sources with direct knowledge of
the deal said....
➢ Dubai crisis will not impact India: Unitech
➢ In an interview with CNBC-TV18, Sanjay Chandra, Chairman of Unitech spoke about
the company's telecom venture and the road ahead. ...
➢ RBI may revise upwards FY10 growth f`cast
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➢ The Reserve Bank of India (RBI) is likely to revise upwards growth forecasts for
2009/10 when it reviews policy in January and monetary action may be needed if
inflation accelerates, senior officials
➢ Expect to be virtually zero debt by end of Dec: K Sera Sera
➢ Film production company K Sera Sera has allotted 45.6 lakh shares, pursuant to
conversion to Yes Bank at Rs 18.94. The total amount allotted is Rs 8.65 crore. In an
interview with CNBC-TV18, Sanjay Gu

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Dec 3rd 09 Oxyzen Market Report

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www.oxyzen.co.

in Call: (79) 27553072/73 Email:

December 03rd, 2009

BSE LIVE 17,185.68 +15.77 +0.09% NSE 5,131.70 +8.45 +0.16%

The stock is currently trading at Rs 72, up 1.9% on the BSE.

SENSEX 17185.68 15.77

Nifty 50 5131.7 8.45

Dow Jones 10452.68 -18.9

Nasdaq 2185.03 9.22

FTSE 5350.17 22.78

Nikkei 225 9977.67 368.73

Hang Seng 22553.87 264.3

Top Gainers & Losers

Top Gainers Top Losers

Company (Group Price % Company (Group Price %

➢ Unitech up 3.5%, adds 45 lakh shares in OI

➢ See rupee stabilising at 46-46.50/dollar level: UBS

➢ Mphasis has target of Rs 830-840: Baliga

➢ Unitech Wireless not to join national 3G auction

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