Edelweiss Market Scan - EMS -21-Sep-2010

	Delivery vs Price Momentum
p	Aditya Birla Nuvo Ltd (ABNL), ACC Ltd (ACC), Aurobindo Pharma Ltd (ARBP), and Bharti Airtel Ltd (BHARTI),  have shown consistent increase in the delivery volume in past 2 days with price movement of 2%, 2.33%,  1.69% & 1.98% respectively
p	Andhra Sugars Ltd (ASG), Dwarikesh Sugar Industries Ltd (DSIL), Dhampur Sugar Mills Ltd (DSM), and  Dynamatic Technologies Ltd (DYTC), have shown consistent increase in the delivery volume in past 2 days  with price movement of 2.46%, 19.68%, 5.22% & 0.23% respectively
	Technical - RSI and DMA Crossover
p	Bharti Airtel Ltd (BHARTI - CMP INR 365.95) closed up 1.98% with RSI in Overbought zone. The stock is  above 200 DMA which is placed at INR 302.94
p	Hindustan Unilever Ltd (HUVR - CMP INR 293.2) closed up 4.05% with RSI in Overbought zone. The 50 DMA  for the stock stands at INR 265.87
p	ITC Ltd (ITC - CMP INR 176.65) closed up 4.93% with RSI in Overbought zone. The stock is above 200 DMA  which is placed at INR 136.98
p	Orchid Chemicals & Pharmaceuticals Ltd (OCP - CMP INR 207.1) closed up 2.27% with RSI in Overbought  zone. The 200 DMA for the stock stands at INR 171.54
	Trading -Insider or Pledge
p	Pralay Mondal sold 0.02 mn shares of HDFC Bank Ltd. The trade was reported on 20-9-2010
p	Oberon Ltd sold 0.6 mn shares of Indiabulls Real Estate Ltd. The trade was reported on 20-9-2010
p	Finaventure Advisory Services  (I) Pvt Ltd  sold 0.27 mn shares of Finaventure Capital Ltd. The trade was  reported on 20-9-2010
p	VISA Infrastructure Ltd sold 0.2 mn shares of Visa Steel Ltd. The trade was reported on 20-9-2010
	Trading - Bulk Deals
p	Eif-Coinvest Iii sold 3.11 mn shares of Consolidated Construction Consortium Ltd at an average price of  INR 83.045
p	Deutsche Securities Mauritius Limited sold 1.15 mn shares of Dhanlaxmi Bank Ltd at an average price of  INR 181.5
p	The Master Trust Bank Of Japan Ltd Hsbc India Equity Mother bought 1.67 mn shares of Dhanlaxmi Bank Ltd  at an average price of INR 181.56
p	Wisdomtree Trust A/C Wisdom Tree India Investment Portfolio bought 3.73 mn shares of IFCI Ltd at  an average price of INR 61.86
p	Alchemist Holdings Limited bought 1.28 mn shares of Parabolic Drugs Ltd at an average price of INR 63.75
	Derivative - 5 Day
p	LIC Housing Finance Ltd (LICHF) was up by 10.61% in last 5 days, with OI change of -27.89%. The counter  holds an OI of INR 357 Cr.
p	ABB Ltd/India (ABB) was up by 10.33% in last 5 days, with OI change of 0%. The counter holds an OI of  INR 0 Cr.
p	Sintex Industries Ltd (SINT) was down by -7.09% in last 5 days, with OI change of 59.51%. The counter  holds an OI of INR 59 Cr.
p	Pantaloon Retail India Ltd (PF) was down by -2.16% in last 5 days, with OI change of -49.81%. The counter  holds an OI of INR 30 Cr.
p	Shriram Transport Finance Co Ltd (SHTF) was up by 0.53% in last 5 days, with OI change of 81.19%.  The counter holds an OI of INR 16 Cr.
	Market Snapshot
p	Nifty IVs at 17 - 23% levels.
p	Market Wide PCR down from 1.23 to 1.03
p	Nifty OI PCR up from 1.75 to 1.84
p	Nifty up 1.6%, Futures OI up 3%
p	Nifty Sep futures trading at 14 points premium as against 19 points premium
p	India VIX at 19.8% as against 18.73%
	Fund Flow - (Provisional Data) (NSE + BSE net activity)
p	FII were net Buyers in cash market worth USD 382.23 Mn
p	DII were net Sellers in cash market worth USD -97.64 Mn