Sensex

Wednesday, April 30, 2008

DG - Management Lessons

Lesson 1:

A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings.

The wife quickly wraps herself in a towel and runs downstairs.

When she opens the door, there stands Bob, the next-door neighbour.

Before she says a word, Bob says, 'I'll give you $800 to drop that towel.'

After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 and leaves.

The woman wraps back up in the towel and goes back upstairs.

When she gets to the bathroom, her husband asks, 'Who was that?'

'It was Bob the next door neighbour,' she replies.

'Great,' the husband says, 'did he say anything about the $800 he owes me?'


Moral of the story:


If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.


Lesson 2:

A priest offered a Nun a lift.

She got in and crossed her legs, forcing her gown to reveal a leg.

The priest nearly had an accident.

After controlling the car, he stealthily slid his hand up her leg.

The nun said, 'Father, remember Psalm 129?'

The priest removed his hand. But, changing gears, he let his hand slide up her leg again.
The nun once again said, 'Father, remember Psalm 129?'

The priest apologized 'Sorry sister but the flesh is weak.'

Arriving at the convent, the nun sighed heavily and went on her way.

On his arrival at the church, the priest rushed to look up Psalm 129. It said, 'Go forth and seek, further up, you will find glory.'


Moral of the story:

If you are not well informed in your job, you might miss a great opportunity.


Lesson 3:

A sales rep, an administration clerk, and the manager are walking to lunch when they find an antique oil lamp.

They rub it and a Genie comes out.
The Genie says, 'I'll give each of you just one wish.'
'Me first! Me first!' says the admin clerk. 'I want to be in the Bahamas, driving a speedboat, without a care in the world.'
Puff! She's gone.

'Me next! Me next!' says the sales rep. 'I want to be in Hawaii , relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life.'

Puff! He's gone.

'OK, you're up,' the Genie says to the manager.
The manager says, 'I want those two back in the office after lunch.'

Moral of the story:

Always let your boss have the first say.

Lesson 4


An eagle was sitting on a tree resting, doing nothing.

A small rabbit saw the eagle and asked him, 'Can I also sit like you and do nothing?'
The eagle answered: 'Sure, why not.'


So, the rabbit sat on the ground below the eagle and rested. All of a sudden, a fox appeared, jumped on the rabbit and ate it.

Moral of the story:

To be sitting and doing nothing, you must be sitting very, very high up.

Lesson 5

A turkey was chatting with a bull.

'I would love to be able to get to the top of that tree' sighed the turkey, 'but I haven't got the energy.'
'Well, why don't you nibble on some of my droppings?' replied the bull. They're packed with nutrients.'

The turkey pecked at a lump of dung, and found it actually gave him enough strength to reach the lowest branch of the tree.

The next day, after eating some more dung, he reached the second branch.

Finally after a fourth night, the turkey was proudly perched at the top of the tree.

He was promptly spotted by a farmer, who shot him out of the tree.


Moral of the story:

Bull Shit might get you to the top, but it won't keep you there..

Lesson 6

A little bird was flying south for the winter. It was so cold the bird froze and fell to the ground into a large field.

While he was lying there, a cow came by and dropped some dung on him.

As the frozen bird lay there in the pile of cow dung, he began to realize how warm he was.


The dung was actually thawing him out!


He lay there all warm and happy, and soon began to sing for joy.
A passing cat heard the bird singing and came to investigate.


Following the sound, the cat discovered the bird under the pile of cow dung, and promptly dug him out and ate him.


Morals of the story:

(1) Not everyone who shits on you is your enemy.

(2) Not everyone who gets you out of shit is your
friend.

(3) And when you're in deep shit, it's best to keep
your mouth shut!



THUS ENDS THE FIVE MINUTE MANAGEMENT COURSE

And send this to five bright people who have enough sense of humor to take it!

 

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BigGains !!
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DG - FW: Sharekhan Post-Market Report dated April 30, 2008

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 30 April 2008 17:03
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated April 30, 2008

 

 

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April 30, 2008

 

Index Performance

Index

Sensex

Nifty

Open

17,479.01

5,198.35

High

17,480.74

5,230.75

Low

17,241.88

5,155.85

Today's Cls

17,287.31

5165.90

Prev Cls

17,378.46

5195.50

Change

-91.15

-29.60

% Change

-0.52

-0.57

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Praj Ind

199.05

14.76

Nestle

1,774.00

9.15

Lanco Infra

537.70

8.79

GTL Infra

50.70

8.33

Deccan Chronicle

152.25

6.25

Losers

IFCI

56.85

-9.86

Alstom Project

614.65

-8.74

Nagarguna Fertiliser

47.45

-8.49

Chambal Fertiliser

68.40

-6.75

RCF

71.75

-4.82

Market Statistics

-

BSE

NSE

Advances

1,296

534

Declines

1,397

662

Unchanged

75

18

Volume(Nos)

37.51cr

65.50cr

 Market Commentary 

Market snaps early gains on late selling

The Sensex lost momentum on late selling pressure and ended below the 17,300 mark

The market showed strong optimism in early trades, but slowed down considerably by noon trades, before a wave of selling pressure in late trades pulled the index below 

 

the 17,300 mark at close. After resuming 101 points higher over its last close at 17,378, the Sensex rallied sharply in early trades to scale a new intra-day peak of 17,481. The market witnessed listless trading with a positive bias in noon trades due to lack of fresh buying support. However, late selling in select realty, consumer durables, Bankex and oil & gas stocks saw the index drift into red and touch the day's low of 17,242. The Sensex finally signed off the session with losses of 91 points at 17,287, while the Nifty moved down by 30 points to close at 5,166.

Movers & Shakers

  • Rajesh Exports advanced following reports that the company has secured Rs534 crore export order and information on institutional holding in the company.
  • Dr Reddy's Laboratories inched marginally lower on reports that the company has acquired BASF's pharmaceutical contract manufacturing business and related facility at Shreveport in the USA. 
  • Nicholas Piramal moved up on reports that the company has signed a product development and licensing agreement with DxTech for point-of-care diagnostic testing system.
  • Murli Industries inched lower because of fire in the factory of paper unit at Vadoda, Nagpur.


The market breadth was negative. Of the 2,768 stocks traded on the BSE 1,397 stocks declined, 1,296 stocks advanced and 75 stocks ended unchanged.

Among the laggards, HDFC tumbled 3.69% at Rs2,775, DLF dropped 2.84% at Rs705.25, Grasim shed 2.81% at Rs2,402.75, ICICI Bank lost 2.42% at Rs879,40, Hindalco moved down 2.32% at Rs193.60, HDFC Bank lost 2.20% at Rs1,513.50 and ACC declined 2.15% at Rs758.65. ONGC at Rs1,033.40, Reliance Industries at Rs2,614.85, Ranbaxy Laboratories at Rs480.05 and State Bank of India at Rs1,776.35 dipped by over 1% each. 

Select counters attracted buying support. Mahindra rose 4.31% at Rs670.40, ITC advanced 3.61% at Rs219.80, Tata Motors flared up 3.48% at Rs662.20, Wipro gained 1.96% at Rs488.60 and Jaiprakash Associates was up 1.95% at Rs271.30.

Ispat Industries was the most actively traded counter on the BSE with trades of over 1.96 crore shares followed by IFCI (1.60 crore shares), Reliance Natural Resources (1.38 crore shares), Reliance Petroleum (1.18 crore shares) and IB Securities (1.17 crore shares).

Valuewise, Sesa goa registered a turnover of Rs258 crore followed by Reliance Petroleum (Rs240 crore), Reliance Communications (Rs235 crore), TitaGarh (Rs200 crore) and Reliance Capital (Rs188 crore).

European Indices at 16:15 IST on 30-04-2008

Index

Level

Change (pts)

Change (%)

FTSE 100 Index

6048.10

-41.30

-0.68

CAC 40 Index

4945.46

-31.64

-0.64

DAX Index

6867.71

-17.63

-0.26

 

Asian Indices at close on 30-04-2008

Index

Level

Change (pts)

Change (%)

Nikkei 225

13849.99

-44.38

-0.32

Hang Seng Index

25755.35

-158.80

-0.61

Kospi Index

1825.47

13.96

0.77

Straits Times Index

3344.53

-

-

Jakarta Composite Index

2304.52

1.00

0.04

 

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