Business Model Canvas (BMC)- A new venture concept
Keynote capitals india morning note may 31-'12
1.
India Morning Note
a g
Thur
rsday, May 3 2012
31,
Dom
mestic Mark
kets Snapsh
hot Views on markets t
today
• India markets fell yeste
an s erday, dragged down by a
Nam of Index
me May 29 May 30 Change (%)
)
11.9 drop in T
9% Tata Motors stocks afte the auto m
er maker
Sensex 16,438.58 16,312.15 -0.77%
repo
orted disap ppointing quarterly earnings, while
CNX Nifty
X 4,990.10 4,950.75 -0.79% cauttion also pre
evailed a da before GDP data an the
ay G nd
BSE Mid-cap 5,963.50 5,886.92 -1.28% expiry of deriva
atives.
BSE IT 5,625.39 5,646.54 0.38% • A reenewed fall in the rupee to near record lows
BSE Banks 11,178.04 10,979.86 -1.77% conttributed to the weak s
sentiment, as did the fall in
a
FII A
Activity (`Cr) Asian shares, both becau use of inte
ensifying w
worries
abou Spain's b
ut banking wooes and its debt yields The
s.
Date
e Buy Sell Net glob risk aversion has come at a time when inve
bal estors
29-M
May 1,593 1,405 187 are already worried about India's eco
onomic and fiscal
28-M
May 1,234 1,055 179 ook.
outlo
Tota May
al 38,133 39,106 -974 • Vola
atility ruled the roost a the mark
as kets recover red to
2012 YTD 274,511 232,024 42488 hit fresh intrad
f day highs in mid-afteernoon trad as
de
polit
tical worries eased afte DMK chie M Karuna
s er ef anidhi
MF A
Activity (`Cr)
said that he never threatened the Centre of a pu ull-out
Date
e Buy Sell Net from the coalitio governm
m on ment over pe
etrol price h
hike.
29-M
May 241 363 -122 • Exce IT, all se
ept ectoral indic
ces closed on negative note
o e
28-M
May 342 211 130 with auto, cons
sumer dura ables, real estate and bank
Tota May
al 7,713 7,544 167 stocks were ma
ajor losers.
2012 YTD 52,707 58,639 -5933 • Mark breadth was weak at ~0.63x as investors sold
ket
mid and small cap stocks. On provissional basis, both
,
Volu
ume & Adva
ances / Dec
clines
FIIs and dome
estic institutions sold bought eq quities
NSE BSE wort `0.11bn a
th and `1.82bn respective
n, ely.
Trad
ding Volume (Cr) 54.71 16.29 • Asia markets drropped toda as US st
ay, tocks fell sh
harply
Turn
nover (`Cr) 9,062 1,737 overrnight on ffresh worri
ies about Spain and Italy
Advances 425 1,046 spar
rked fears o a deterio
of orating situ
uation in Eu urope,
Declines 1,047 1,654 and rising globa uncertain saw investors dum risk
al nty mp
asse
ets.
Unchanged 73 128
• We expect ano other gap down openin for the I
ng Indian
Tota
al 1,545 2,828
markets, follow wing the w weak cues from the Asian
Glob Markets
bal markets. Howev ver, the inv
vestors may keep their close
y
Inde
ex Late Values
est Change (%)
) watc on the G
ch GDP data th hat is to be released today
e
DJIA
A 12,419.86 -1.28% and country w wide protest called by the oppo
y osition
parties in India.
NAS
SDAQ 2,837.36 -1.17%
Nikk *
kei 8,474.57 -1.84%
Econom and Cor
mic rporate Dev
velopments
s
Hang Seng * 18,437.30 -1.35%
• CDM operators associatio Auspi rea
MA on acted strongly to
the Cellular Op perators As
ssociation of India’s (
o (COAI)
* as o 8.25AM IST
of
lette which h
er has asked Finance Minister P Pranab
Curr
rencies / Co
ommodities Snapshot
s Mukherjee to ca ancel the du technolo
ual ogy status of Tata
Latest Previous Teleservices saying th hat the GSM operators
Quote Close assoociation is presenting a misleading picture to serve
g
Indian Rupee per $ 56.20 55.61 vestted interest of its membbers.
Indian Rupee per € 69.52 69.44 • Accoording to th NCAER M
he MasterCard Worldwide Index
NYM
MEX Crude Oil($/bbl) 87.51 87.82 of Business Co
B onfidence, t
the confide
ence of India Inc
Gold ($/oz)
d 1,561.40 1,563.40 incre
eased by 7..7% over th previous quarter to 134.9
he
Silve ($/oz)
er 27.83 27.96 points in the March qua arter from 125.2 poinnts in
January 2012.
Keyn
note Capitals Research
h (reseaarch@keyno otecapitals.net) (+91222-3026600 00)
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als h
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omberg KNTE <GO>, Tho
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2.
TOP GAINERS Buzzin Stocks
ng
(BSE A-Group)
E • Mahhindra Satya am has set up an exc
t clusive delivery
Previous Currennt Change centtre for ae erospace annd defence in Toulo
e ouse,
Com
mpany Name
e
Close(`
`) Price(`
`) (%) Frannce. Its second such in
nvestment after setting up
a g
Container Corp 861.10
0 903.95 4.98 its first dedicaated aerosp
pace centre in Hamb burg,
Tech Mahindra
h 664.65
5 689.90 3.80 Germany, in 20 008.
Crom
mpton Greav
v 110.55
5 114.20 3.30 • The Vadodara MMunicipal Corporation (VMC) and GAIL
Amb
buja Cements
s 146.20
0 150.70 3.08 have complete most o the form
ed of malities for the
Sun Pharma 565.65
5 581.25 2.76 prop
posed joint venture co ompany in Gujarat, wwhich
(BSE Mid-Cap)
E aims at providi
ing gas at lowest rates through p
s piped
connections to people in th city.
he
Previous Currennt Change
Com
mpany Name
e • Guja
arat State Fertilizers a
and Chemic cals Ltd (GSFC)
Close(`
`) Price(`
`) (%)
Guja
arat Pipavav 56.30 58.95 4.71 has planned investments to the tune of `80
s 00Cr
REI Agro 8.54
4 8.94 4.68 during fiscal 2013 to incrrease capac city and se up
et
Infot
tech Enter 166.00 171.90 3.55 new projects fo various fe
w or oducts including
ertilisers pro
Pres
stige Estates 109.85 113.50 3.32 urea and di-am
a mmonium ph hosphate (DA AP).
Shriram City Uni 605.00 622.45 2.88 • Bata India will invest `15C for three years eac in
a Cr e ch
mod dernisation and expanssion of three existing pl
e lants
TOP LOSERS in Patna, Batannagar and Baangalore.
(BSE A-Group)
E • Ashok Leyland’ UK subsid
’s diary Optare has closed its
e
ckburn facili
Blac ity. The mov is part of the compa
ve f any’s
Previous Currennt Change
Com
mpany Name
e rest plan, which started in August 2009.
tructuring p n
Close(`
`) Price(`
`) (%)
Tata Motors
a 275.90
0 243.35
5 -11.80 The Blackburn facility is Optare’s third factor to
t ry
Havells India 587.60
0 546.65
5 -6.97 dow its shutte
wn ers.
Unit
tech 22.20
0 20.80
0 -6.31 US markets
Unit
ted Spirits 651.60
0 612.05
5 -6.07 US stoocks fell sha
arply overnnight, wiping out the prior
Suzl
lon Energy 21.00
0 19.75
5 -5.95 session rally, as bond yields in Spain and Italy surged
n’s a
and po Greece adde to the uncertainty over
olls out of G ed u
(BSE Mid-Cap)
E
whethe it would r
er remain in th euro zone
he e.
Previous Currennt Change
Com
mpany Name
e The Dow Jones Industrial Average dropped 160.83
D
Close(`
`) Price(`
`) (%)
Havells India 587.60 546.65 -6.97 points, or 1.3%, t 12,419.8 The S&P 500 Index on
to 86. P x
Unit
tech 22.20 20.80 -6.31 Wedne esday shed 19.10 points, or 1.4 4%, to end at
d
Ship
pping Corp 55.65 52.20 -6.20 1,313.3 The Nas
32. sdaq Composite Index declined 33.63
BGR Energy
R 302.30 284.05 -6.04
points, or 1.2%, to 2,837.36.
o
Suzl
lon Energy 21.00 19.75 -5.95
Keyn
note Capitals Research
h (resea
arch@keyno
otecapitals.net) (+912
22-3026600
00)
3.
India and Globa Economic Calendar
a al c
Countries / Thursday Fr
riday Monday
M Tuesday
T
Reg
gions 31/
/May 1/Jun
1 4/Jun 5/Jun
Ind
dia GDP (Q4) Forex Res
serves Data
a
Infrastruct
ture Bank Loa Growth
an
Output
US GDP annualized (Q1) Average Hourly Factory Orders ISM Non
n-Mfg Index
x
Earnings (YoY &
MoM), Av
verage
Weekly H
Hours
Initial jobless Claims Nonfarm Payrolls, ICSC-Go
oldman Stor
re
Unemployment Rate e Sales
Construct
tion
Spending (MoM)
g
Glo
obal Eurozone Consumer UK Purchasing UK Hous prices
se Germanny's
price inde
ex Manager Index data Purchassing Manage
er
Manufactturing Index Services
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