BGR Energy - Press Release

BGR Energy - Press Release

BGR Energy Systems Ltd has informed that the Company has been pre-qualified for the proposed Rs 750 Crore 150 MLD Kutch Desalination Plant in Kutch, Gujarat. For this project, BGR Energy has formed a Consortium with very large Spanish construction Companies viz., Inima Medioambiente, S.A.(OHL Group) and Aqualia, Gestion Integral Del Agua, S.A. (Group of FCC). The consortium led by BGR Energy has been pre-qualified to set up 150 MLD Desalination Plant together with 25-30 MW Captive Power Plant on Design, Build, Own, Operate and Transfer basis. The Water Purchase Agreement will be for a period of 20 years.

In this regard the Company has issued the following Press release:

"BGR Energy Systems Ltd has been pre-qualified for the proposed Rs 750 Crore 150 MLD Kutch Desalination Plant in Kutch, Gujarat. BGR Energy has formed a Consortium with very large Spanish construction Companies viz., Inima Medioambiente, S.A. (OHL Group) and Aqualia, Gestion Integral Del Agua, S.A. (Group of FCC). The consortium led by BGR Energy has been pre-qualified to set up 150 MLD Desalination Plant together with 25-30 MW Captive Power Plant on Design, Build, Own, Operate and Transfer basis. The Water Purchase Agreement will be for a period of 20 years.

Other Companies who are pre-qualified for this project include BEFESA, Spain, GE Infrastructure Toyo Engineering Corporation, Adani Enterprises Veolia, France and Reliance Energy Degremont.

Inima, Spain has developed, executed more than 40 Desalination Plants worldwide out of which 120 MLD Carboneras Sea Water Desalination Plant has been in successful operation since 2003. Recently, Inima and Aqualia combine have been awarded 200 MLD Desalination Plant in Algeria on 25 years BOOT basis.

BGR Energy has built water treatment and effluent treatment facilities for power projects of 120 500 MW capacities. BGR Energy is currently completing effluent recycle plants in Tamil Nadu aggregating to 25 MLD to treat textile effluents."

 

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IT Outsourcing Gaining Ground for Business Enhancement, According to Gartner

Silence on STPI leaves IT industry dismayed

The IT and BPO industry, which had been hoping for an extension of STPI scheme beyond March 2009, was left disappointed today as the Union Budget did not offer any relief to companies amid a difficult market condition. To top it, the cost of software is set to go up as the Budget has increased the excise duty on packaged software to 12 per cent from eight per cent, while bringing customised software under the service tax net. We are disappointed that the STPI scheme has not been extended. This was critical for SMEs and BPOs. Also, the service tax of 12 per cent on customised software and higher excise duty on packaged software would lead to increased cost of IT and could slow down the domestic IT usage.

Ravi Venkatesan, Chairman, Microsoft India, said that the cost of software would increase for users as a result of the Budget announcements. "This will have an adverse impact on IT penetration as end-customers - like small businesses, home users, government, academic institutions and NGOs - will be unable to avail the tax credit," he said.

         

IT Outsourcing Gaining Ground for Business Enhancement, According to Gartner

Outsourcing is a strategy that organizations throughout the world use to improve processes, reduce overhead and gain a better outcome. According to a 2007 Gartner survey, more organizations are now turning to IT outsourcing (ITO) to also enhance business. This study of 750 IT and outsourcing executives in North America, Asia/Pacific and Europe, found that 41 percent of organizations are currently outsourcing IT. This same 41 percent use IT outsourcing to enhance business outcomes and performance.

Roughly 47 percent of organizations still identified controlling or reducing costs as the primary benefit expected from ITO. What is evident now is that there is a shift taking place as in 2005 as only 28 percent of respondents reported enhanced business outcomes and performance as the primary benefit of ITO. Cost issues remain strong, and the shift in buyer expectations toward viewing ITO as a means to enhance operations is a sign of a maturing market that has higher expectations from ITO providers, said Allie Young, vice president and distinguished analyst at Gartner, in a statement.

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Govt generous towards farm sector: PM

Govt generous towards farm sector: PM

Dubbing farmers as the 'most important businessmen', Prime Minister Manmohan Singh on Friday said the government has been generous in its response to deal with the depression in agriculture sector while complimenting Finance Minister P Chidambaram for doing a 'very good job'.

'I sincerely believe the government has been generous in its response. It is an unorthodox response. But considering the amount of depression that prevails in the agriculture sector, this is a response mechanism that is justified,' Singh said in his post-Budget comments.

Analysing the measures announced by Chidambaram in the Budget, he said the government would list some more Public Sector Undertakings and noted, 'markets are thirsty for good new chips.

'We have to explore all processes of enhancing our resources, including listing the enterprises in the markets,' Singh said.

Listing out inflation and international recession as causes for concern, he said, 'We will have to tackle both worries. There is a worry that international recession will impact the growth process. Rise in commodity prices, petroleum prices will lead to more inflation. 'So, we have to strike a balance.

The Finance Minister has done a very good job. He has kept the fiscal deficit, the revenue deficit under control. Simultaneously, he has ensured if some adverse wind comes from outside the country, he has used the excise duty reductions,' Singh said.

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GDP growth slows to 8.4 per cent in Q3 of FY'08

GDP growth slows to 8.4 per cent in Q3 of FY'08

New Delhi: Confirming fears of a slow down expressed in the Economic Survey, India's GDP expanded by a tardy 8.4 per cent in the third quarter of 2007-08 primarily due to sluggishness in manufacturing and construction sectors. According to quarterly estimates of Gross Domestic Product (GDP) released by the government on Feb 29, October-December quarter was the worst in 2007-08 in terms of economic growth (8.4 per cent), which in turn can pull down full year growth to 8.7 per cent as feared by the Economic Survey.

While the growth rate of the manufacturing sector came down to 9.3 per cent during October-December 2007 from 11.3 per cent in the corresponding period previous year, the construction sector growth rate dipped to 8.4 per cent from 10.8 per cent during the same period. The Economic Survey, tabled by Finance Minister P Chidambaram in Parliament on Thursday, had said growth would fall to 8.7 per cent as the economy faced the challenges of poor performance by infrastructure and industrial sectors

The GDP growth rate during nine-month period (April-December 2007) worked out to be 8.9 per cent down from 9.6 per cent during the corresponding period last year. The agriculture and allied sector growth rate during Q3 declined to 3.2 per cent from 3.4 per cent in the corresponding quarter in the last fiscal. The GDP growth rate was 9.3 per cent in the first quarter of this fiscal before it dipped to 8.9 per cent in Q2. The third quarter of 2007-08 is also the worst quarter in terms of growth since April 2006.

Budget to stimulate investment, growth: Chidambaram

New Delhi: Finance Minister P Chidambaram on Feb 29 said the Union Budget for 2008-09 would stimulate investment and consequently growth, while pointing out that he had done the best through the budgetary exercise by providing credit facilities to the farm sector. Credit is only one element of the story in the farm sector. I provided more credit. Budget can only address credit side and the farm sector has not done too bad this year, he said in his post-Budget comments. The Finance Minister had announced debt waiver and relief worth Rs 60,000 crore to small and marginal farmers in the Budget, the last full financial statement before the general elections in 2009. This Budget will stimulate investment and growth and that growth will create wealth. The economy is growing by eight per cent, people have become more tax compliant and they are willing to pay taxes, he said on the buoyancy in government's revenues.

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Mutual funds - upcoming Dividends- 4th March 2008

Mutual Funds Announced Dividends

Reliance MF declares dividend

Reliance Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit for Reliance Interval Fund - Monthly Interval Fund - Series III under both retail and institutional plan. The record date is set as 5 March 2008. The fund house has decided to distribute 100% of surplus available under both plans as on record date. The NAV for the scheme under retail plan was Rs. 10.1526 as on 27 February 2008. The NAV for the scheme under institutional plan was Rs. 10.1543 as on 27 February 2008. Reliance Interval Fund - Monthly Interval Fund - Series III is a debt oriented interval scheme.

         

ICICI MF declares dividend under interval plan

ICICI Mutual Fund has announced 5 March 2008 as the record date for declaration of dividend under dividend option of ICICI Prudential Interval Fund II - Quarterly Interval Plan D. The fund house has decided to distribute 100% of surplus available as on record date. The NAV for the scheme was Rs. 10.20 as on 27 February 2008. ICICI Prudential Interval Fund II - Quarterly Interval Plan D is a debt oriented interval scheme. The investment objective of the scheme is to seek to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

         

ABN AMRO Tax Advantage Plan declares 20% dividend

ABN AMRO Mutual Fund has declared a dividend of 20% (Rs 2 per unit on the face value of Rs 10) in its open-ended Equity Linked Tax Savings Scheme - ABN AMRO Tax Advantage Plan (ELSS). The objective of the scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent from time to time. The record date for the dividend is February 29, 2008. All investors registered in the Dividend Plan of the scheme as on February 29, 2008 will receive this dividend. The NAV under the dividend plan of the scheme as on February 22, 2008 was Rs 15.055. This is the second dividend declared by the scheme since its inception. The last dividend declared by the scheme was 10% in March 2007. Over the last one year, ABN AMRO Tax Advantage Plan (ELSS) has yielded 28.9 % as compared to 35.1% given by its benchmark BSE 200 as on February 22, 2008.

 

Dividend Declared under Birla Sun Life Quarterly Interval Fund-Series 1

Birla Mutual Fund has announced a dividend under the dividend option of Birla Sun Life Quarterly Fund - Series 1. The quantum of the dividend would be 100 per cent of distributable surplus as on the record date. The record date for the same has been fixed as March 4, 2008.

 

Birla Sun Life MF declares dividend

Birla Sun Life Mutual Fund has announced the declaration of dividend on the face value of Rs 10 per unit for Birla Sun Life Quarterly Interval Fund-Series 1. The record date is set as 4 March 2008. The fund house has decided to distribute 100% of surplus available under option as on record date. The NAV for the scheme was Rs. 10.2145 as on 28 February 2008. Birla Sun Life Quarterly Interval Fund-Series 1 is an interval income fund that seeks to generate regular income through investments in debt and money market instruments.

         

Dividend Announced under Optimix Active Debt FoF

ING Mutual Fund announced a dividend of 2 per cent under the dividend option of Optimix Active Debt Multi Manager FoF Scheme. The record date for the same would be March 3, 2008.

         

Standard Chartered MF announces dividend

Standard Chartered Mutual Fund has announced a dividend of 0.10% i.e. Re 1 per unit on the face value of Rs 10 in its open-ended equity scheme - Standard Chartered Arbitrage Fund - Plan A and B. The objective of the scheme is to generate capital appreciation and income by predominately investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and m money market instruments.

The record date for the same has been fixed as 7 March 2008. The NAV under Plan A of the scheme as on 28 February 2008 was Rs 10.10.5161. The NAV under Plan B of the scheme as on 28 February 2008 was Rs 10.5821.

 

Reliance MF changes dividend record date under its Income fund

Reliance mutual fund has decided to change the dividend record date in the offer document of Reliance Income Fund under monthly, quarterly, half yearly, annual dividend plans from 15th to 19th month under the respective plans. Accordingly, the existing text mentioned in the "Units and Offer" of the offer document of the scheme shall be replaced with revised text as follows:

"Dividend will be distributed subject to availability of distributable surplus, after deduction of taxes, such as income distribution tax plus surcharge etc as applicable on the 19th of each month under the monthly dividend plan, on the 19th June, September, December and March each year under the quarterly dividend plan; on the 19th September and March each year under the half yearly dividend plan and on the 19th March each year under the annual dividend plan or the next working day, if the 19th is a holiday/ non-business day."

Reliance Income Fund is an open-ended income scheme. The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt and money market instruments.

 

Dividend Announced in HDFC Equity and HDFC Taxsaver

HDFC Mutual Fund has announced a 55% dividend under the dividend plan of HDFC Equity Fund and an 80% dividend under the dividend plan of HDFC Taxsaver. The record date fore both the dividend payouts is March 7, 2008.

         

ING Vysya Domestic Opportunities comes out with dividend

ING Vysya Mutual Fund has declared a dividend of 30% (Rs 3 per unit on a face value of Rs 10) in ING Vysya Domestic Opportunities Fund, an open-ended equity scheme. The investment objective of the scheme is to provide long-term capital appreciation from a portfolio that is primarily invested in companies which derive a significant proportion of their revenues from the domestic Indian market place / economy. The record date for dividend is February 29, 2008. All unitholders under the dividend option of ING Vysya Domestic Opportunities Fund as on the record date will be eligible to receive the dividend. The NAV under the dividend plan of the scheme as on February 22, 2008 was Rs 16.06. The last dividend declared was 25% in February 2007. Over the last one year, ING Vysya Domestic Opportunities Fund has yielded 32.7% as compared to 35.10% given by its benchmark BSE 100 as on February 22, 2008.

 

UTI MF declares dividend for FMP

UTI Mutual Fund has announced the dividend under dividend option of UTI Fixed Maturity Plan-QFMP/12-07/I. The record date for the declaration of dividend is 5 March 2008. The quantum of dividend will be 100% of distributable surplus available on the record date. The NAV for the scheme under retail plan was recorded at Rs. 10.2085 on 29 February 2008.

UTI Fixed Maturity Plan-QFMP/12-07/I is a close-ended umbrella income scheme seeking to generate returns through investments in debt and money market securities, normally maturing in line with the time profile of the fund.

 

Canbank MF declares dividend

Canara Robeco has announced dividend in the following schemes:

Date of dividend: 3 March 2008

	INDIVIDUALS  & H.U.F.	OTHER THAN IND. & HUF
CANARA ROBECO LIQUID - INST. - DAILY DRP	0.00179232	0.00179232
CANARA ROBECO LIQUID - INST. - WEEKLY DIV	N.A.	N.A.
CANARA ROBECO LIQUID - RETAIL - DAILY DRP	0.00179232	0.00179232
CANARA ROBECO FLOATING S. T. - DAILY DRP	0.00171440	0.00171440
CANARA ROBECO FLOATING S. T. - WEEKLY DIV	N.A.	N.A

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BSE Realty index worst hit in market fall

BSE Realty index worst hit in market fall

BSE Sensex was down 280.84 points or 1.68% to 16,397.04, extending early fall on reports that ICICI Bank has lost over Rs 1000 crore in overseas operations due to subprime crisis.

The market declined in early trade extending last two days' fall caused by Budget blues. Traders, domestic funds and some foreign institutional investors (FIIs) are likely to be hit by a hike in short term capital gains tax on sale of shares to 15% from 10%, which amounts to a massive 50% hike in the tax rate, in Union Budget 2008-09 announced on Friday, 29 February 2008.

The change in tax treatment of the Securities Transaction Tax (STT) in the budget, meanwhile, may impact arbitrage volumes on the bourses. STT will now be treated like any other deductible expenditure against business income for the assesse. This is against the current practicse whereby an assesse gets 100% rebate for STT paid against the tax liability for the year. A fall in arbitrage will result in decline in liquidity on the bourses.

All sectoral indices on BSE suffered losses today. The BSE Auto (down 0.10% at 4,843.34), the BSE FMCG index (down 0.76% at 2,209.67) and the BSE Health Care index (down 1.35% at 3,868.33), outperformed the Sensex.

The BSE PSU index (down 2.44% to 7,804.92), the BSE Bankex (down 4.56% at 9,004.24), the BSE Capital Goods index (down 2.82% at 14,754.11), the BSE IT (down 2.10% to 3,614.80), the BSE TecK index (down 2.38% to 3,048.95), the BSE Consumer Durables index (down 2.60% to 4,354.24), the BSE Metal index (down 1.78% to 15,516.93), the BSE Oil & Gas index (down 2.31% to 10,181.01) and the BSE Power (down 2.60% to 3,348.23), underperformed the Sensex.

Key losers from real estate sector were DLF (down 4.16% to Rs 685), Unitech (down 4.37% to Rs 324.65), and Akruti City (down 12.47% to Rs 957.75).

ICICI Bank (down 4.80% to Rs 975.30), State Bank of India (down 2.20% to Rs 1881.15), and HDFC Bank (down 2.92% to Rs 1349.90), were the key losers from banking sector

 

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Board Meetings to be held Report - 4th March 2008

Board Meetings to be held

Sharon Bio-Medicine Ltd   05 Mar 2008   Sharon Bio-Medicine Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider the following:1. To Authorize Board to make application for delisting of equity shares from Pune Stock Exchange & Hyderabad Stock Exchange.2. To add new object clause relating to Power Generation & Distribution in other Objects of Memorandum of Association.3. To consider a proposal of merger of M/s. Stonewood Cem-Fab (India) Pvt Ltd, Wholly owned subsidiary of the Company.The above matters shall be dealt through Postal Ballot to the extent of its applicability.

Power Grid Corporation of India Ltd         05 Mar 2008 Power Grid Corporation of India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider, declaration of Interim Dividend for the Financial Year 2007-08.

Adhunik Metaliks Ltd           05 Mar 2008 Adhunik Metaliks Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider the following business:1. Approval of Phase III of the expansion project and sanction of term loan facility of Rs 274 Crores by various banks.2. Sale of investment of the Company in OMM.3. Change in Financial Year of the Company from 12 months ending March 31, 2008 to 15 months ending June 30, 2008.4. Enhancement of working capital.

Goldstone Infratech Ltd     05 Mar 2008 Goldstone Infratech Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider the new business proposals.

Vikas Profin Ltd        05 Mar 2008 Vikas Profin Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider the allotment of equity shares arising on account of Convertible Warrants as issued by the Company to Non Promoters.

Ajcon Global Services Ltd  05 Mar 2008 Ajcon Global Services Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to allot 3,15,000 Equity Shares of Rs 10/- each at a premium of Rs 65/- per share and 6,75,000 Equity Warrants of Rs 85/- each convertible in to one Equity share of Rs 85/- (including premium of Rs 75/- per share) to the Promoters & Non Promoters on preferential basis under the SEBI (DIP) Guidelines.

Visagar Polytex Ltd 05 Mar 2008 Visagar Polytex Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider the following business:1. To review the financial structure of the Company.2. To consider the year ending as June 30th for the purpose of annual accounts to be maintained.

Reliance Energy Ltd            05 Mar 2008  Reliance Energy Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider, buy back of equity shares of the Company.

Baroda Rayon Corporation Ltd      05 Mar 2008 Baroda Rayon Corporation Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 05, 2008, to consider extension of Accounting Year fromOctober 01, 2006 to September 30, 2007 (i.e. 12 Months) to October 01, 2006 TO March 31, 2008 (i.e. 18 Months) & Extension of holding Annual General Meting to be held on September 30, 2008 subject to approval of R.O.C (Gujarat) - Ahmedabad.

Grindwell Norton Ltd           06 Mar 2008 Grindwell Norton Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on March 06, 2008, inter alia, for the purpose of:1. Approval of annual accounts for the year ended December 31, 2007.2. Recommendation of dividend, if any and3. Taking on record the Audited Financial Results for the year ended on December 31, 2007.

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Market Index Report 3rd March 2008

Market Index Report 3^rd March 2008

BSE

3/4/2008	Monday, March 03, 2008
Scrip Name	Current	Volume	Prev Close	% Change
ENGLISH I.CL	485.45	366	404.55	20
RAASI REFRAC	25.25	7	23.1	9.31
CERA SANITAR	128.9	5825	121.15	6.4
SUTLEJ TEXT	101.9	3752	96.8	5.27
AMARDEEP IND	21	10	20	5
ADVANI HOTEL	72.45	2224	69	5
FORTUNE FIN.	241.5	1497	230	5
GOOD LUCK ST	158.55	200	151	5
LEAD FINANC	66.15	10	63	5
CAMPH.& ALL	76.85	17533	73.2	4.99
Top Losers	Monday, March 03, 2008
Scrip Name	Current	Volume	Prev Close	% Change
BODAL CHEM	71.2	9783	102.4	-30.47
GUJRAT GLAS	222.5	695	278.1	-19.99
SHARON BIO	156.8	17915	195.95	-19.98
INDO BORAX	74	6904	85.75	-13.7
MACHINO PLAS	57	11100	65.85	-13.44
IND INFOLINE	864.8	93309	996.25	-13.19
MANJUSHREE	35.65	1505772	41.05	-13.15
JAIPRA	213.25	2658562	244.25	-12.69
AKRUTI CITY	956.4	25057	1094.2	-12.59
BAG FIL MED	41.4	131037	47.35	-12.57

 

NSE

Top Gainers	Monday, March 03, 2008
Scrip Name	Current	Volume		Prev Close		% Change
VINDHYA TELE	148.5	200		138		7.61
INDIA NIPPON	158.7	103		148.3		7.01
ECE INDUSTRS	475	295		446.05		6.49
FIEM INDS	71.1	231544		67.65		5.1
HORIZON INFRASTRUCTU	789.2	20		751.6		5
ADVANI HOTEL	72.4	1779		68.95		5
STC INDIA	793.3	43628		755.55		5
TIMES GUARAN	27.95	1		26.65		4.88
CENTUM ELEC	128.55	209		122.95		4.55
MARICOLTD	63	116857		60.3		4.48
Top Losers	Monday, March 03, 2008
Scrip Name	Current	Volume	Prev Close		% Change
GUJRAT GLAS	222.45	3177	278.05		-20
JAIPRA	210.25	9374824	244		-13.83
HITECH PLAST	69	20	79.75		-13.48
NILKAMAL L	200	3815	230.65		-13.29
ASIAN ELECTR	202.7	181168	233.2		-13.08
CEAT LIMITED	115	24063	132.3		-13.08
IND INFOLINE	865	405524	993.85		-12.96
BANK OF RAJ.	140.55	170034	161.2		-12.81
REN JEWELERY	75.4	13671	86		-12.33
HOUSING DEV	707.05	828038	806.1		-12.29

Indices – Sectoral	BSE
Index Name	Open	High	Low	Close	Absolute Change	% Diff
BSE_100	9229.75	9229.75	8885.49	9404.98	-497.75	-5.29
BSE_200	2178.64	2178.64	2099.02	2217.47	-113.3	-5.11
BSE_500	6991.67	6991.67	6735.62	7108.12	-356.14	-5.01
BSE_CD	4656.65	4656.65	4447.57	4699.34	-228.74	-4.87
BSE_CG	15872.03	15872.03	15079.93	16119.52	-936.89	-5.81
BSE_FMCG	2242.5	2249.95	2187.3	2274.39	-47.75	-2.1
BSE_HC	3895.27	4001.05	3864.62	3928.78	-7.62	-0.19
BSE_IT	3805.51	3842.48	3664.71	3862.45	-169.96	-4.4
BSE_PSU	8333.64	8333.64	7974.88	8484.16	-484.23	-5.71
BSE_SENSEX	17227.56	17227.56	16634.63	17578.72	-900.84	-5.12
BSE_TECK	3217.79	3217.79	3106.52	3264.5	-141.06	-4.32
BSEAUTO	4872.47	4942.86	4805.85	4887.17	-39.12	-0.8
BSEBANKEX	9901.29	9901.29	9399.97	10113.73	-679.29	-6.72
BSEDOLLEX	868.64	868.64	868.64	923.77	-55.13	-5.97
BSEMETAL	16353.7	16506.13	15694.18	16739.52	-940.65	-5.62
BSEMIDCAP	7622.76	7622.76	7344.45	7680.39	-315.54	-4.11
BSEOIL	10775.18	10837.52	10385	11032.16	-610.05	-5.53
BSESMALLCAP	9591.22	9591.22	9226.12	9628.13	-389.78	-4.05
Indices – Sectoral	NSE
Index Name	Open	High	Low	Close	Absolute Change	% Diff
BANKNIFTY	8460.6	8460.6	8004.7	8688.35	-640.9	-7.38
CNX_IT	3932.05	3937.25	3793.9	3984.5	-159.4	-4
CNX100	4971.2	4971.2	4789.1	5072.15	-268.4	-5.29
CNX500	4236.55	4262.25	4126.8	4360.7	-221.75	-5.09
CNXMIDCAP	7127.8	7127.8	6952.85	7245.8	-270.75	-3.74
NIFTY	5222.8	5222.8	4936.05	5223.5	-270.5	-5.18
NIFTYJR	9526.4	9526.4	9036.2	9636.1	-571.75	-5.93

 

Global Markets	Monday, March 03, 2008
Indices	Country	Current	Previous	% Change
AEX General	Netherlands	441.48	436.43	-1.16
All Ordinaries	Australia	5510.7	5346.7	-3.07
All Share	Sri Lanka	2533.54	2530.86	0.11
ATX	Austria	3754.85	3638.19	-3.21
BEL-20	Belgium	3704.38	3651.64	-1.44
Bovespa	Brazil	64490.4	63489.3	1.58
BSE Sensex	India	16677.88	15777.04	-5.71
CAC 40	France	4742.66	4694.66	-1.02
CMA	East Egypt	3616.83	3573.9	1.2
DAX	Germany	6689.95	6631.77	-0.88
DJIA	United States	12258.9	12251.41	-0.06
FTSE 100	United Kingdom	5818.6	5752.9	-1.14
Hang Seng	Hong Kong	23584.97	22838.27	-3.27
IPC	Mexico	29526.7	28918.52	2.1
Jakarta Composite	Indonesia	2652.312	2582.68	-2.7
KLSE Composite	Malaysia	1330.61	1303.82	-2.05
Madrid General	Spain	1395.93	1365.88	-2.2
MerVal	Argentina	2136.79	2111.38	-1.2
MIBTel	Italy	25381	25075	-1.22
Nasdaq	United States	2258.6	2245.72	-0.57
Nifty	India	4953	4682.5	-5.78
Nikkei 225	Japan	12992.18	12381.34	-4.93
PSE Composite	Philippines	3079.99	3029.99	-1.65
S&P 500	United States	1331.34	1330.63	0.05
Seoul Composite	South Korea	1671.73	1631.84	-2.44
SET	Thailand	842.92	840.08	-0.34
Shanghai Composite	China	4438.265	4348.543	2.06
Straits Times	Singapore	2926.55	2826.65	-3.53
Swiss Market	Switzerland	7403.88	7273.9	-1.79
TA-100	East Israel	1003.18	999.12	0.41
Taiwan Weighted	Taiwan	8262.87	8112.98	-1.85

 

ADR Prices		Monday, March 03, 2008
Symbol	Market	Company	Last Price	Net Change	% Change	Volume
RDY	NYSE	Dr Reddys Laboratories Ltd	14.51	0.2	1.4	247534
HDB	NYSE	HDFC Bank Ltd	103.69	-5.42	-4.97	797716
IBN	NYSE	ICICI Bank Ltd	50.28	-1.56	-3.01	3363350
INFY	Nasdaq-NM	Infosys Technologies Ltd	38.21	-0.71	-1.82	4062262
MTE	NYSE	Mahanagar Telephone Nigam Ltd	5.78	-0.33	-5.4	405610
PTI	NYSE	Patni Computer Systems Ltd	11.47	-0.64	-5.28	64706
SAY	NYSE	Satyam Computer Services Ltd	24.57	-0.41	-1.64	1026872
SLTTY	Other OTC	Silverline Technologies Ltd	4	0	0	0
SLT	NYSE	Sterlite Industries (India) Ltd	19.9	-0.95	-4.56	1449207
TTM	NYSE	Tata Motors Ltd	17.6	0.08	0.46	1050010
WIT	NYSE	Wipro Ltd	11.54	0	0	413790

 

Complete report - 

http://spreadsheets.google.com/pub?key=pb_z4f1_zGMgtrRYf5LHiPQ

 

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