India's Electricity Sector — Power Deficit Here to Stay :Credit Suisse,

link to article :
https://infocus.credit-suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=360700&lang=EN

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Regards

FII DERIVATIVES STATISTICS FOR 21-Aug-2012

FII DERIVATIVES STATISTICS FOR 21-Aug-2012
	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	57448	1453.48	44480	1189.33	668657	17331.87	264.15
INDEX OPTIONS	374153	10022.63	377457	10101.10	1831939	49604.85	-78.47
STOCK FUTURES	52180	1477.95	53281	1459.01	947919	25833.15	18.94
STOCK OPTIONS	41429	1139.52	45891	1256.09	86766	2436.60	-116.58
						Total	88.03

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FII & DII trading activity across NSE and BSE 21-08-2012

	Buy	Sell	Net
	Value	Value	Value
FII	2220.91	2079.54	141.37
DII	1022.73	1164.37	-141.64

 

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Pharmaceuticals - Q1FY13 Result Review - Momentum intact :Edelweiss

A strong growth in the domestic market, sustained momentum in the US and higher currency realizations (21% YoY depreciation) aided a 36% growth in revenue as against our expectation of 31.6%. While EBITDA grew 58% (EBITDA margin up 337bps YoY), PAT growth was restricted to 42% due to higher tax outgo (20.2% of PBT vs estimated 15.5%). Adjusted for one-offs, recurring revenue grew 28.5% YoY in-line with our expectation. Core EBITDA margins soared 240bps YoY and 150bps QoQ, driven by an improved product mix and better currency realizations. We believe that the earnings growth momentum is likely to sustain till FY13 even though the pace of growth is likely to decelerate in FY14 owing to fewer drugs going off patent.

Edelweiss Technical Reflection (ETR)Aug 21 ::Edelweiss

Edelweiss Technical Reflection (ETR)

The final session of the previous week closed flat with marginal gains but not before some volatile price action. It was a ‘tale of two halves’ as the first half saw the index kiss the 5400 mark and suggest it would decisively move higher, however that was not to be as lack of fresh triggered and opportunity to book profits helped Nifty dive ~60 points from the top, down to the 50-hourly EMA support of 5340 and finally recouping the losses to settle even. The series of ‘Higher lows and Higher Highs’ is clearly in place and only the resistance from the major trend line connecting previous range peaks needs to be broken out on a closing basis to indicate an acceleration of price action and shift of the trading range higher. Volumes were relatively better, and the breadth improved with an A/D ratio of 1.2:1. There has been a loss of momentum in the past week as most oscillators turn flat with constrained price action, and is only likely to pick up on break of the range. Nifty has managed to crawl towards its third consecutive positive week, reinforcing the bullish weekly setup. We expect the price action in the immediate near-term to continue being choppy between 5400 and 5300, and wait for a decisive break higher to load fresh longs for targets of 5650 / 5750.
Secotral trend was mixed in the final session of the week with gains coming from FMCG (+1.26%), IT (+1.15%) and Healthcare (+0.67%) indices. Among the top losing sectors were Realty (-1.71%), Power (-1.59%) and Metals (-1.49%). The underperformance of the broader markets continues to be apparent as the Mid-cap and Small-cap indices ended absolutely flat at 0.05% and 0.02% respectively.


Bullish Setups: INFO, RIL, ACC, PWGR, ADSEZ, GAIL
Bearish Setups: TATA, IDEA, BPCL, HMCL

Stocks in News -Aug 21 ::Edelweiss

 Stocks in News

Hero Motorcorp to buy stake in US Motorcycle Co Erik buell racing (ET)
Strapped Govt fast-tracks stake sale in Hindustan Zinc and BALCO (ET)
Maruti Suzuki to resume limited production at Manesar (ET)
Telenor settles INR 98.09-bn loans of Uninor (ET)
Wockhardt to launch Parkison’s drug in US (ET)
Coal India hasn’t communicated its exit plan: ICVL (ET)
TDSAT admits Idea’s petition against INR 3-bn DoT penalty (ET)

NSE, Bulk deals, 21-Aug-2012

Date	Symbol	Security Name	Client Name	Buy / Sell	Quantity Traded	Trade Price / Wght. Avg. Price	Remarks
21-Aug-2012	CEATLTD	CEAT Limited	CROSSEAS CAPITAL SERVICES PVT. LTD.	BUY	1,72,060	118.86	-
21-Aug-2012	CEATLTD	CEAT Limited	CROSSEAS CAPITAL SERVICES PVT. LTD.	SELL	1,71,760	119.07	-
21-Aug-2012	CEBBCO	Commercial Eng & Co. Ltd	FITWORTH CONSTRUCTION PVT LTD	BUY	3,93,264	89.81	-
21-Aug-2012	CEBBCO	Commercial Eng & Co. Ltd	SS CORPORATE SECURITIES LIMITED	SELL	3,92,170	89.81	-
21-Aug-2012	CERA	Cera Sanitaryware Limited	JWALAMUKHI INVESTMENT HOLDINGS	BUY	1,10,000	337.97	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	ARTISTIC FINANCE PRIVATE LIMITED	BUY	11,001	19.58	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	ARTISTIC FINANCE PRIVATE LIMITED	SELL	18,70,774	19.50	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	DALMIA BHARAT ENTERPRISES LIMITED	BUY	8,45,024	19.50	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	DALMIA BHARAT ENTERPRISES LIMITED	BUY	25,54,729	19.50	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	PUNNI SANGHAVI	SELL	5,00,000	19.50	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	VIVEK LAKSHMINATH MEHROTRA	BUY	1,24,000	19.50	-
21-Aug-2012	DALMIASUG	Dalmia Bharat Sug In Ltd	VIVEK LAKSHMINATH MEHROTRA	SELL	6,81,623	19.50	-
21-Aug-2012	GLODYNE	Glodyne Technoserve Ltd	ANNAND SARNAAIK	SELL	9,29,830	103.04	-
21-Aug-2012	GLODYNE	Glodyne Technoserve Ltd	CHETAN RASIKLAL SHAH	BUY	2,87,474	101.92	-
21-Aug-2012	GLODYNE	Glodyne Technoserve Ltd	CHETAN RASIKLAL SHAH	SELL	1,52,801	103.30	-
21-Aug-2012	HOTELRUGBY	Hotel Rugby Ltd.	SANJAYKUMAR JAIPRAKASH AGARWAL	BUY	1,04,321	15.94	-
21-Aug-2012	UBHOLDINGS	United Breweries (Holding	AXA WORLD FUNDS TALENTS ABSOLUTE	SELL	8,30,000	96.46	-
21-Aug-2012	UBHOLDINGS	United Breweries (Holding	CROSSEAS CAPITAL SERVICES PVT. LTD.	BUY	4,05,700	97.15	-
21-Aug-2012	UBHOLDINGS	United Breweries (Holding	CROSSEAS CAPITAL SERVICES PVT. LTD.	SELL	4,05,700	97.13	-
21-Aug-2012	VKSPL	VKS Projects Limited	DECENT FIN. SER. (P) LTD	BUY	1,78,000	52.25	-
21-Aug-2012	VKSPL	VKS Projects Limited	NISHU FINLEASE PVT LTD	SELL	1,78,000	52.25	-

BSE, Bulk deals, 21/8/2012

Deal Date	Scrip Code	Company	Client Name	Deal Type *	Quantity	Price **
21/8/2012	530027	Aadi Inds	RUSHABH SHAH	S	81000	2.98
21/8/2012	530027	Aadi Inds	MANSI RUSHABH SHAH	S	130751	3.07
21/8/2012	531519	Ankush Finstock	ZOBAIR AHMAD	B	100000	14.85
21/8/2012	514332	Anuvin Inds	PRIYAL CHETAN KOTHARI	S	50000	10.96
21/8/2012	534564	ASEEM GLOBAL	VASUDHA STEELS LIMITED	S	85456	31.62
21/8/2012	530355	Asian Oilfield	DECENT FIN SER (P) LTD	B	95000	24.65
21/8/2012	530355	Asian Oilfield	NISHU FINLEASE PVT LTD	S	95000	24.65
21/8/2012	533108	BHILWRA TEC	DECENT FIN SER (P) LTD	B	1200000	4.00
21/8/2012	533108	BHILWRA TEC	NISHU FINLEASE PVT LTD	S	1200000	4.00
21/8/2012	500878	Ceat	CROSSEAS CAPITAL SERVICES PRIVATE LIMITED	B	174389	119.19
21/8/2012	500878	Ceat	CROSSEAS CAPITAL SERVICES PRIVATE LIMITED	S	174389	118.99
21/8/2012	532443	Cera Sanitary	JWALAMUKHI INVESTMENT HOLDINGS	B	105000	337.98
21/8/2012	511710	Cubical Fin	SARA INTERNATIONAL LTD	S	100000	33.50
21/8/2012	533333	Fineotex Chem	V N G IMPEX PVT LTD	B	254413	22.00
21/8/2012	533333	Fineotex Chem	PRIMUS REAL ESTATES PRIVATE LIMITED	S	75540	22.01
21/8/2012	533333	Fineotex Chem	ARYAHI BUILDWELL PRIVATE LIMITED	S	100000	22.00
21/8/2012	533333	Fineotex Chem	ATAMBHU BUILDWELL PRIVATE LIMITED	S	81269	22.00
21/8/2012	512493	Garnet Intl	DECENT FIN SER (P) LTD	B	24500	91.00
21/8/2012	512493	Garnet Intl	NISHU FINLEASE PVT LTD	S	24500	91.00
21/8/2012	532672	Glodyne Tech	CHETAN RASIKLAL SHAH	B	258747	101.73
21/8/2012	532672	Glodyne Tech	CHETAN RASIKLAL SHAH	S	258730	102.70
21/8/2012	512267	Media Matrix	DECENT FIN SER (P) LTD	B	1000000	4.10
21/8/2012	512267	Media Matrix	NISHU FINLEASE PVT LTD	S	1000000	4.10
21/8/2012	507522	Mount Shivalik-$	KAMAL KUMAR JALAN SEC. PVT. LTD	B	42269	48.10
21/8/2012	507522	Mount Shivalik-$	PACE STOCK BROKING SERVICES PVT LTD	S	38832	48.10
21/8/2012	531919	Mudit Finlease	MEENA GOYAL	B	29000	54.80
21/8/2012	531919	Mudit Finlease	RAJESH GOYAL	B	29000	54.64
21/8/2012	500307	Nirlon	ALBULA INVESTMENT FUND LTD	B	817610	50.01
21/8/2012	500307	Nirlon	AMAS INDIA INV MAURITIUS LTD	S	814066	50.00
21/8/2012	590074	Ortin Lab-$	B M TRADERS	B	36200	20.80
21/8/2012	590074	Ortin Lab-$	LOHA COMMODITIES TRADING LIMITED	B	64016	20.80
21/8/2012	590074	Ortin Lab-$	SATYANARAYANA RAJU BHUPATHIRAJU	S	25000	20.82
21/8/2012	590074	Ortin Lab-$	MAITHILI ALLURI	S	25000	20.80
21/8/2012	590074	Ortin Lab-$	VIJAYALAKSHMI VISSAMSETTY	S	70000	20.82
21/8/2012	531855	Prabhav Inds	GUNJAN AMIT BHARGAVA	B	250000	3.63
21/8/2012	531855	Prabhav Inds	KAMAL DEVISAHAY BHARGAVA	B	250000	3.63
21/8/2012	531855	Prabhav Inds	AKANSHA MEDIA AND ENTERTAINMENT PRIVATE LIMITED	S	283000	3.62
21/8/2012	511433	SDFC Finance	HANSA KAKUBHAI VADERA	B	50000	20.37
21/8/2012	511433	SDFC Finance	DHANJIBHAI LALJIBHAI PATEL	S	60416	20.36
21/8/2012	511754	Shalibhadra Fin	DAVE RAKIN SHIVPRASAD	B	35700	55.46
21/8/2012	511754	Shalibhadra Fin	SANJAY BABULAL PANDYA	S	39317	55.42
21/8/2012	530219	SHREEYASH	SULOCHANAMMA BOMMIREDDY	B	30000	16.80
21/8/2012	530219	SHREEYASH	BOMMIREDDY HARSHAVARDHANA REDD	B	45000	16.80
21/8/2012	507458	United Brew Hldg	CROSSEAS CAPITAL SERVICES PRIVATE LIMITED	B	405300	97.06
21/8/2012	507458	United Brew Hldg	CROSSEAS CAPITAL SERVICES PRIVATE LIMITED	S	405300	97.19
21/8/2012	526957	UV Board	JITENDRAKUMAR BABULAL SHAH	S	99001	21.67
* B - Buy, S - Sell
** = Weighted Average Trade Price / Trade Price

Career security for professionals abroad: Business Line,

Career uncertainty has emerged as one of the biggest fear amongst employees, owing to the financial crisis that began in 2008 and still has an enduring effect on the global economy. While the financial crisis has hit sectors such as real estate, financial services more, the developments over the past three to four years have created a lot of fear amongst people currently working or are willing to migrate abroad. Career goals such as retirement, resettlement and most importantly the need to return is still one of the biggest concerns that one faces when thinking of working abroad.

To help workers overcome these concerns, the Ministry of Overseas Indian Affairs (MOIA) had launched Pension and Life Insurance Fund (PLIF) in January 2012 which has recently been renamed as Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY) and opened for registration. The MGPSY scheme is a voluntary scheme which helps workers migrating abroad for permanent/contractual work save for their migration, for returning, resettlement and also for securing their life through a term life insurance policy.

SRG Housing Finance IPO opens tomorrow; Aug 22

Issue Terms
Issue price / Floor Price (Rs)	20
Application per share (Rs)	20.00
Minimum investment amount (Rs)	120,000.00
Minimum bid (no of shares)	6000 shares and in multiples of 6000 thereafter
Maximum Shares for Retail	6000