FII DERIVATIVES STATISTICS FOR 11-Dec-2012

FII DERIVATIVES STATISTICS FOR 11-Dec-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	39775	1190.76	23575	703.58	391484	11449.97	487.18
INDEX OPTIONS	653224	19409.34	645976	19154.71	1501637	44340.68	254.63
STOCK FUTURES	46829	1332.50	55922	1681.62	1119788	32382.91	-349.11
STOCK OPTIONS	53947	1524.79	54787	1540.95	72269	1991.51	-16.16
						Total	376.53

 

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FII & DII trading activity on NSE and BSE 11-12-2012

Category		Buy	Sell	Net
		Value	Value	Value
FII		3605.68	2295.8	1309.88
DII		860.59	1888.93	-1028.34

 

 

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LKP BYTES : NBCC (Buy @ 165 with a price target of 225)

The story so far ………..

National Building Construction Corporation – NBCC is the only GOI enterprise engaged in all the 3 business verticals – Project Management Consultancy, Civil Construction & Real Estate. Project Management Consultancy – PMC accounts for 90% of its Rs35bn revenues and its clients include central government organizations. The balance 10% of its revenues comes from civil works and real estate business which involves re-development of old government colonies under the General Pool Residential Accommodation – GPRA in various categories. NBCC employs more than 2200 people and came out with its maiden IPO in April 2012 when the GOI divested 10% of its holding to the Public.

TRACKING TECHNICAL - MTT BUY CALL ON RELIANCE CAPITAL :: Anand Rathi

Can India still be a breakout nation? - Ruchir Sharma

Some simple rules of the road, rather than some sweeping theory about institutions or geography, will determine India's economic success over the visible time horizon.

Why do nations rise and fall? That question draws lots of attention from academics, many of whom offer answers pointing to a single key to economic success. They focus on investment, geography, demographics, culture or, fashionably of late, on institutions.

PFC Tax Free Bonds - IPO - 14/12/2012 to 21/12/2012.

A gentle reminder on current & forthcoming IPOs.

1. Bharti Infratel Limited - IPO opens today

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Issue closes on 14/12/2012. Minimum application 50 shares and in multiples of 50. Retail investors can apply up to 850 shares. Cheque amount - Number of shares applied x Rs.230/- cheque favouring - "BIL - ESCROW - R". Demat account is compulsory. Submit your forms before 13/12/2012 & avoid last minute rush.

2. PFC Tax Free Bonds - IPO - 14/12/2012 to 21/12/2012.

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Allotment on first come first serve basis. Interest rates for retail investors - 7.86% for 15 years & 7.69% for 10 years. Retail investors can apply up to Rs.10 lacs. 11.37% post tax return for investors in the 30% tax bracket. Can be applied in Demat route also.

LKP BYTES :WABCO (Buy @ 1570 with a price target of 2300)

The story so far ………..

WABCO INDIA LTD – WIL is the 75% Indian subsidiary of Westinghouse Air Brake Company – Wabco Holdings who are world leaders in Braking & Transmission systems for Commercial Vehicles & Trailers. The parent Wabco is the first to innovate most of the technologies like Anti-Lock Braking Systems – ABS, Automated Manual Transmission – AMT and Autonomous Emergency Braking Systems – AEBS in the world. In 2009 the parent increased its equity stake in WIL to 75% by buying out the stake of the JV partner – TVS.

WIL is a technology leader and a Tier – 1 global supplier to the CV industry and derives 65% of its Rs10bn revenues from the MHCV segment and has 4 manufacturing facilities in India – two in Chennai and one each in Jharkhand & Uttarakhand. It has strong relationships with OEMs and has a wide distribution network of 7000 outlets and its technological capabilities are superior in most of its product segments. Exports formed 15% of its revenues in FY’12.

11 Dec, IPO, Grey market premium

IPO	Opening Dt	Closing Dt	Band	Retail Discount	Grey Market Premium
Veto			48-50	0	Discount
CARE	07-Dec-12	11-Dec-12	700 - 750	0	150
PC Jeweller Limited	10-Dec-12	12-Dec-12	125 - 135	5	10
BHARTI INFRATEL	11-Dec-12	14-Dec-12	210 - 240	10	Discount
Rural Electrification (REC) NCD	03-Dec-12	10-Dec-12	1000	0	80

New Pension Scheme gets a makeover :: Business Line

Implementation of the Direct Tax Code could make NPS far more attractive as maturity amounts won't be taxed in investors' hands.

Beginning May 1, 2009, the launch of the New Pension Scheme (NPS) has paved the way for the common man to secure his retirement. Unlike the pension scheme which was available only to the Central and State Government employees earlier, NPS is open for all where one can contribute on a voluntary basis. Therefore, post retirement you will get what you have contributed plus return that the fund manager generated.

It provides an opportunity to participate in the equity markets as well. This way, your corpus could grow at higher rate. Currently, the NPS trust has appointed six independent fund managers who manage the NPS corpus. You have the choice to select any of these fund managers based on their expertise, track record et al.

The tax treatment, at present, is on EET basis. Section 80CCD allows for a tax deduction for the amount invested in NPS up to Rs 1 lakh, within the overall limit available under Section 80C. The accretion to the corpus is fully exempt, whereas the money withdrawn from the scheme is liable for tax

Pepper continues to be in bear grip :: Business Line

  

Matching multi-caps :: Business Line

Resist buying temptation to avoid a debt trap:: Business Line

Clearing credit card bills early, using salary bonus to partly pay off loans and an emergency fund can keep the vicious cycle of debt at bay.

Just bought a new car with a loan and a flat screen TV with your credit card? Resist the temptation to now buy that high-end home theatre system till your bank balance recuperates! Excess debt can be a sticky situation, where you might begin borrowing more money to repay old loans. This vicious cycle might ultimately result in default.