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NRI Updates

8th April, 2011

NRI Updates

8th April, 2011

INDIA TODAY: S&P CNX NIFTY 5842.00(-43.70) SENSEX 19451.45(-139.73)


Asian Markets Closed On 8th April
SGX NIFTY
5859.00 (-0.78%)
SHANGHAI
3030.10 (+0.74%)
NIKKEI
9768.08 (+1.85%)
HNSG
24396.0(+.0.47%)
STRAITS
3176.08 (+0.14%)
TAIWAN
8894.54 (-0.08%)
Global Currencies Vs USD (Now)
EURO
1.4403
GBP
1.6364
JPY
85.25
CHF
0.9127
SEK
6.2316
INR
44.11
Commodity
Crude Oil $/bbl
Gold $/oz
Dollar Index

CMP
111.80
1474.10
75.17

Change
+1.36%
+1.01%
-0.55%

US & EUROPE (Now)


Dow Jones FUT

12389.0 (+0.31%)

NSDQ FUT

2335.2 (++0.26%)

FTSE

6055.86 (+0.80%)

CAC

4061.22 (+0.82%)

DAX

7218.63 (+0.56%)

Domestic Indices (Closed 8th April)


NIFTY

5842.00(-43.70)

BSE Sensex

19451.45(-139.73)

CNX IT

7168.80(-46.60)

Bank Nifty

11673.25(-81.15)

Nifty Midcap

2592.60(-50.25)

Indian Market Fund Activity 7th Apr


FII (Prov.)
`+ 220.59 Cr.
DII (Prov.)

`-212.16 Cr.

Top Stories Today:


Ranbaxys hope of a windfall from the $7-billion Lipitor market in the US is shining
again. The US Food and Drugs Administration (USFDA) have taken a strong stance
against US-based Mylan, which had opposed FDA's decision to allow approval to
Ranbaxy's generic version of Lipitor.
DE Shaw, a global private equity (PE) and hedge fund company, is close to
acquiring a 14.2 per cent stake in New Delhi Television (NDTV) for Rs 70 crore. It
was in the headlines recently for its joint venture (JV) with Reliance Industries in
the non-banking finance company space.
Power Ministry has expressed concern over the fall in natural gas production at
Reliance Industries' eastern offshore KG-D6 fields as the shortfall may hit
electricity generation this summer.
Courier and logistics firm Blue Dart Express skyrocketed by 20 per cent to hit the
upper circuit limit on bourses yesterday amid reports that its parent DHL
Worldwide Express may buyout the company.
Computer memory device maker Strontium Technology said it targets more than
40% growth in revenues in 2011 to touch $300 million, driven by emerging
markets like India, Brazil, Indonesia and China.
Tech Mahindra has secured a contract to manage the IT systems of Vodafone
Hutchison Australia (VHA) for five years. The total value of the contract is
estimated at about $250 million.
Gujarat NRE Coke, the country's largest private met coke producer, said it has
paid $17.4 million for the conversion of its 174 zero coupon unsecured foreign
currency convertible bonds (FCCB) to the bond holders.
Hotel Leela ventures are planning to foray into Maldives and Mauritius through
management contracts in FY12, even as it readies to launch a brand in the midmarket segment in India, top official told reporters.
Mahindra Satyam (formerly Satyam Computer) which in February had agreed to
pay $125 million to settle class action suits in the US, is yet to get the Reserve
Bank of India's (RBI) nod to transfer the funds, a senior company official said.
Among the various ways being considered by the central government to raise Rs
5,000 crore from tax-free bonds for shipping ports, one is to allow major ports to
themselves issue these.

NRI Updates

Indian ADR's

ADR Value

8th April, 2011

Closed 8th April (


on NSE Cash)

RBI Ref Rate (8th April 2011)

Tata Motors
MTNL
Wipro
HDFC Bank
Patni Comp.
Infosys Tech.

28.47
2.25
15.12
171.50
21.35
73.27

1252.05
48.45
465.00
2348.90
475.00
3226.00

USD

44.04

Euro

63.40

GBP

72.1970

JPY

51.75

Top Gainers
ITC
BHARTIARTL
CAIRN
LT
AXISBANK

Value
185.25
361.90
347.00
1683.80
1457.50

Change (%)
1.48
1.37
0.89
0.86
0.81

Top Losers
JPASSOCIAT
DLF
RELCAPITAL

RPOWER
HINDALCO

Value

Change (%)
-3.87
-3.61
-3.29

94.35
260.05
603.95
131.20
209.00

-3.28
-3.26

INDIAN CURRENCY FUTURES SNAPSHOT 8th April, 2011 (Base MCX-SX) at 16:00pm
JUN FUT
USD/INR
EURO/INR
GBP/INR

HIGH
44.26
63.72
72.64

LOW
44.10
63.42
72.24

LTP
44.23
63.68
72.43

P.CLS
44.32
63.29
72.31

VOLUME
2603876
81884
20057

OPEN INT
825131
45586
8243

JPY/INR

52.00

51.84

81.92

81.84

17869

19778

Key International Data 8th April, 2011


Event

IST

Expected

No Major Data Today

Actual

Previous

Trend of its currency

NRI Updates

8th April, 2011

Disclaimer: This document is for private circulation and information purposes only and should not be regarded as an
investment, taxation or legal advice. Investors should seek financial advice regarding the appropriateness of investing in any
securities or investment strategies discussed or recommended in this publication and should understand that statements
regarding future prospects may not be realized. In no circumstances it be used or considered as an offer to sale or a
solicitation of any offer to buy or sell the securities mentioned in it. We and our affiliates, officers, directors and employees
including persons involved in the preparation or issuance of this material may: (a) from time to time, have long or short
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potential conflict of interest with respect to any recommendation and related information and opinions. The information
contained in this publication may have been taken from trade and statistical services and other sources, which we believe are
reliable. UniQuest does not guarantee that such information is accurate or complete and it should not be relied upon as such.
Any opinion expressed reflects judgments at this date and are subject to change without notice. Caution: Risk of loss in
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objectives, financial resources and other relevant circumstances.

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