Sensex

Friday, October 19, 2007

$$ DreamGains !! $$ UPCOMING MAJOR EVENTS:

UPCOMING MAJOR EVENTS:

UPA-Left Meet 22nd Oct

SEBI on PNOTE 25 Oct

Future expiry 25th Oct

RBI  Credit Policy 30th Oct 

Fed Meet  31st Oct

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$$ DreamGains !! $$ Interesting Info (Really Good One...)

In the 1400's a law was set forth in England that a man was allowed to
beat his wife with a stick no thicker than his thumb. Hence we have "the
rule of thumb"
-------------------------------------------

Many years ago in Scotland , a new game was invented. It was ruled
"Gentlemen Only...Ladies Forbidden"...and thus the word GOLF entered
into the English language.
-------------------------------------------

The first couple to be shown in bed together on prime time TV were Fred
and Wilma Flintstone.
-------------------------------------------

Every day more money is printed for Monopoly than the U.S. Treasury.
-------------------------------------------

Men can read smaller print than women can; women can hear better.
-------------------------------------------

Coca-Cola was originally green.
-------------------------------------------

It is impossible to lick your elbow.
-------------------------------------------

The State with the highest percentage of people who walk to work: Alaska
-------------------------------------------

The percentage of Africa that is wilderness: 28% (now get this...)

------------------------------------------
The percentage of North America that is wilderness: 38%
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----------------

The cost of raising a medium-size dog to the age of eleven: $ 16,400
------------------------------------------------------------------------
-----------------

The average number of people airborne over the U.S. in any given hour:
61,000

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-----------------

Intelligent people have more zinc and copper in their hair.
------------------------------------------------------------------------
-----------------

The first novel ever written on a typewriter: Tom Sawyer.
------------------------------------------------------------------------
-----------------

The San Francisco Cable cars are the only mobile National Monuments.

------------------------------------------------------------------------
-----------------

Each king in a deck of playing cards represents a great king from
history:



Spades - King David



Hearts - Charlemagne



Clubs -Alexander, the Great



Diamonds - Julius Caesar



------------------------------------------------------------------------
------------------



111,111,111 x 111,111,111 = 12,345,678,987,654,321



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-----------------



If a statue in the park of a person on a horse has both front legs in
the air, the person died in battle. If the horse has one front leg in
the air the person died as a result of wounds received in battle. If the
horse has all four legs on the ground, the person died of natural
causes.



------------------------------------------------------------------------
---------------



Only two people signed the Declaration of Independence on July 4th, John
Hancock and Charles Thomson. Most of the rest signed on August 2, but
the last signature wasn't added until 5 years later.



------------------------------------------------------------------------
-----------------



Q. Half of all Americans live within 50 miles of what?



A. Their birthplace



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--------------



Q. Most boat owners name their boats. What is the most popular boat name
requested?



A. Obsession



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-----------------



Q. If you were to spell out numbers, how far would you have to go until
you would find the letter "A"?



A. One thousand



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----------------



Q. What do bulletproof vests, fire escapes, windshield wipers, and laser
printers all have in common?



A. All were invented by women.



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-----------------



Q. What is the only food that doesn't spoil?



A. Honey



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--------



Q. Which day are there more collect calls than any other day of the
year?



A. Father's Day



------------------------------------------------------------
-----------------------------



In Shakespeare's time, mattresses were secured on bed frames by ropes.
When you pulled on the ropes the mattress tightened, making the bed
firmer to sleep on. Hence the phrase......... "goodnight, sleep tight."



------------------------------------------------------------------------
-----------------



It was the accepted practice in Babylon 4,000 years ago that for a month
after the wedding, the bride's father would supply his son-in-law with
all the mead he could drink. Mead is a honey beer and because their
calendar was lunar based, this period was called the honey month, which
we know today as the honeymoon.



------------------------------------------------------------------------
-----------------



In English pubs, ale is ordered by pints and quarts... So in old England
, when customers got unruly, the bartender would yell at them "Mind your
pints and quarts, and settle down."



It's where we get the phrase "mind your P's and Q's"



------------------------------------------------------------------------
-------



Many years ago in England , pub frequenters had a whistle baked into the
rim, or handle, of their ceramic cups. When they needed a refill, they
used the whistle to get some service. "Wet your whistle" is the phrase
inspired by this practice.



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-----------------



~~~~~~~~~~~AND FINALLY~~~~~~~~~~~~



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----------------



At least 75% of people who read this will try to lick their elbow!



------------------------------------------------------------------------
-



Don't delete this just because it looks weird. Believe it or not, you
can read it.



I cdnuolt blveiee taht I cluod aulaclty



uesdnatnrd waht I was rdanieg. The



phaonmneal pweor of the hmuan mnid Aoccdrnig to rscheearch at Cmabrigde



Uinervtisy, it deosn't mttaer in waht oredr the



ltteers in a wrod are, the olny iprmoatnt tihng is taht the frist and
lsat ltteer be in the rghit



pclae. The rset can be a taotl mses and you can sitll raed it wouthit a
porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by
istlef, but the wrod as a wlohe. Amzanig huh?



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----------------



YOU KNOW YOU ARE LIVING IN 2007 when...



1.  You accidentally enter your PIN on the microwave.



2.  You haven't played solitaire with real cards in years.



3.  You have a list of 15 phone numbers to reach your family of  three.



4.  You e-mail the person who works at the desk next to you.



5.  Your reason for not staying in touch with friends and family is that
they don't have e-mail addresses.



6.  You pull up in your own driveway and use your cell phone to see if
anyone is home to help you carry in the groceries.



7.  Every commercial on television has a web site at the bottom of the
screen.



8.  Leaving the house without your cell phone, which you didn't even
have the first 20 or 30 (or 60) years of your life, is now a cause for
panic and you turn around to go and get it.



10.  You get up in the morning and go on line before getting your
coffee.



11.  You start tilting your head sideways to smile.  : )



12.  You're reading this and nodding and laughing.



13.  Even worse, you know exactly to whom you are going to forward this
message.



14. You are too busy to notice there was no #9 on this list.



15.  You actually scrolled back up to check that there wasn't a #9 on
this list.



AND NOW U R LAUGHING at yourself.


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Thursday, October 18, 2007

$$ DreamGains !! $$ FW: Sharekhan Post-Market Report dated October 18, 2007

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 18 October 2007 15:30
To: The Sharekhan Research Team
Subject: Sharekhan Post-Market Report dated October 18, 2007

 

 

 Sharekhan's daily newsletter

Visit us at www.sharekhan.com

 

October 18, 2007

 

Index Performance

Index

Sensex

Nifty

Open

18,827.46

5,551.10

High

19,198.66

5,736.80

Low

17,771.16

5,269.65

Today's Cls

17,998.39

5,351.00

Prev Cls

18,715.82

5,559.30

Change

-717.43

-208.30

% Change

-3.83

-3.75

 

Market Indicators

Top Movers (Group A)

Company

Price 
(Rs)

%
chg

Gainers

Tata Chemicals

310.30

3.81

Hexaware

112.60

3.54

Sun Pharma

997.30

3.42

Thermax

802.10

2.95

Pidilite

162.10

2.56

Losers

ACC

1,036.00

-13.86

Sterlite Optical

258.70

-11.08

Jaiprakash Associates

1,097.60

-10.26

Reliance Capital

1,658.15

-10.11

Zee Entertain

300.85

-10.01

Market Statistics

-

BSE

NSE

Advances

1,053

393

Declines

1,716

797

Unchanged

55

18

Volume(Nos)

55.90cr

93.50cr

 Market Commentary 

Sensex nosedives on panic selling

The Sensex ended the day with a loss of 717 points after crashing to a low of 17771 during intra-day trades.

The market crashed by over 1,428 points from the day's high amid panic selling, pulling the front-line stocks to their day's low. Banking stocks were the worst hit 

 

followed by metal and oil & gas stocks. After slipping by over 300 points in yesterday's trades, the Sensex resumed 111 points higher at 18,827 and rallied sharply to touch another record high of 19199, up 483 points from yesterday's close, on sustained buying in front-line stocks. But, the panic selling towards the close dragged the index to its day's low of 17771. The index ended the session with a loss of 717 points or 3.83% at 17998. The Nifty tumbled 3.75% or 208 points to close at 5351.

The market breadth was negative, with the losers outnumbering the gainers in the ratio of 1.65:1. Of the 2,824 stocks traded on the BSE, 1,716 stocks declined, 1,053 stocks advanced and 55 stocks ended unchanged. All the sectoral indices were battered. Among the major losers the BSE Bankex Index lost 5.96%, the BSE Realty Index shed 4.56%, the BSE Metal Index dropped 4.39%, the BSE PSU Index fell 4.26% and the BSE CG Index slipped by 4.07%.

Movers & Shakers

  • ABB gained marginally on receiving orders from JSW Group to provide turnkey power and automation solutions for their steel and power plant projects.
  • Tata Consultancy Services surged on bagging a contract worth $1.2 billion from Nielsen Company.
  • Biocon slipped despite receiving an approval from DCGI to market Abraxane in India. Abraxane is a product of Abraxis BioScience, Inc. USA.
  • Gail India tumbled despite forming a JV company with Vadodara Mahanagar Seva Sadan to market City Gas and CNG in Vadodara. 
  • L&T slumped despite receiving contracts worth Rs452 crore for projects in Andhra Pradesh.


Excluding select IT and pharma stocks most of the Sensex stocks ended in the red. Among the major losers, ACC plummeted by 13.86% at Rs1,036, Reliance Energy tanked by 9.71% at Rs1,591, SBI dropped 8.26% at Rs1,677, Bharti Airtel slumped 7.67% at Rs1,019, ICICI Bank crumbled by 6.99% at Rs1,039 and NTPC shed 5.57% at Rs209. However, TCS, Wipro, Cipla, Satyam Computer, Dr Reddy's Lab, HLL and Ranbaxy managed to close in the green with gains of over 0.50-2%.

Banking stocks came under selling pressure and lost heavily. SBI tumbled by 8.26% at Rs1,677, Union Bank shed 7.45% at Rs154, ICICI Bank lost 6.99% at Rs1,039 and BOI declined by 6.88% at Rs278. Yes Bank, Punjab National Bank, Bank Of Baroda and HDFC Bank crumbled by 5-6% each. 

Over 4.78 crore Reliance Natural Resources shares changed hands on the BSE followed by Power Grid Corporation (3.59 crore shares), Tata Teleservices (3 crore shares), Reliance Petroleum (2.33 crore shares) and IFCI (1.13 crore shares).

Reliance Industries was the most actively traded counter on the BSE and registered a turnover of Rs714 crore followed by Reliance Energy (Rs627 crore), ICICI Bank (Rs626 crore), Power Grid Corporation (Rs514 crore) and Reliance Natural Resources (Rs482 crore).

European Indices at 16:15 IST on 18-10-2007

Index

Level

Change (pts)

Change (%)

FTSE 100

6644.40

-33.30

-0.50

CAC 40 Index

5791.20

-27.60

-0.47

DAX Index

7996.88

11.47

0.14

Asian Indices at close on 18-10-2007

Index

Level

Change (pts)

Change (%)

Nikkei 225

17106.09

150.78

0.89

Hang Seng

29465.05

166.34

0.57

Kospi Index

2005.09

21.15

1.07

Straits Times

3809.69

-30.04

-0.78

Jakarta Composite Index

2616.74

-24.85

-0.94

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$$ DreamGains !! $$ FW: Zee News: Sharekhan Stock Idea dated October 18, 2007

 

 

From: The Sharekhan Research Team [mailto:marketwatch@research.sharekhan.com]
Sent: 18 October 2007 14:21
To: The Sharekhan Research Team
Subject: Zee News: Sharekhan Stock Idea dated October 18, 2007

 

Stock Idea
[October 18, 2007] Please see the attachment for details

Sharekhan
www.sharekhan.com

Summary of Contents

STOCK IDEA

Zee News  
Cluster: Emerging Star
Recommendation: Buy
Price target: Rs73
Current market price: Rs54

Breaking news

Key points 

  • A compelling bouquet: Zee News Ltd (ZNL) operates a unique bouquet of channels comprising six regional entertainment channels and four news channels. The key revenue contributors are Zee News, Zee Marathi and Zee Bangla, with the latter two channels having made tremendous gains in viewership to achieve and consolidate their leadership positions. While Zee Gujarati is being revamped, the new businesses of Zee Telugu, Zee Kannada, Zee 24 Taas and Zee 24 Ghanta are making steady progress. 
  • Strong traction in ad revenues: ZNL is focusing hard on improving programming of the existing channels and gaining a much higher contribution from the new channels as they stabilise and gain traction in viewership. Powered by these efforts ZNL's ad revenues are expected to grow at a CAGR of 33% over FY2007-10.
  • Being part of the Zee group is an advantage: Of the ten channels that ZNL operates eight are pay channels. The packaging of the ZNL channels with Zee TV, the flagship channel of the Zee group, allows ZNL to garner higher pay revenues. Also, the infusion of addressability in television distribution system on account of the digitisation of CAS and the expansion of DTH is likely to ensure sustained improvement in the pay revenues of ZNL. 
  • Margins to improve substantially: As the new businesses achieve a critical mass of viewership, we expect a substantial growth in the revenue contribution from these channels. We expect the company to achieve operating profit margin of 20.6% by FY2010.
  • Attractive valuations: We expect ZNL's revenue and net profit to grow at CAGR of 30% and 125% respectively over FY2007-10. We value ZNL at 4x Mcap/Sales FY2009E, which gives a price target of Rs73 per share. That is an upside of 35% from the current price of Rs54.3 a share. At our price objective ZNL would be valued at a price/earnings multiple of 35x FY2009E EPS of Rs2.1.     

Regards,
The Sharekhan Research Team

myaccount@sharekhan.com

 

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