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Transcript of 110521 - Weekly
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8/6/2019 110521 - Weekly
1/15
Saturday, May 21, 2011
1Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Headlines
(Global Economy) Japan's economy shrank 3.7% in the first quarter of 2011.
(Indian Economy) Food inflation slipped to 7.47% for the week ended May 7.
(Economic Calendar)
(Global and Domestic Stock Markets)
(Derivative Analysis) Nifty May Futures closed at 5484.60
(Technical Analysis) Nifty Support levels are at 5400-5350
(Weekly Recommendations) HDFC Bank And SRTRANSFIN
(Sector & Company Highlights)
(MF Industry update)
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2Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Global Economy
Housing starts in the US fell 11% to 523,000 as flooding and tornadoes
n the South shut down construction sites and homebuilders
continued to struggle almost two years into an economic recovery.
However, new jobless claims declined by 29,000 to 409,000 in the
week ended May 14.
UK house prices increased 0.3% on average in April (MoM).
However, inflation accelerated 4.5% in April, more than economists
forecast. This rise was the fastest since October 2008 as low interest
rates have started to fuel inflation. Earlier in the week, the Bank of
England voted 6 3 to keep interest rate son hold again this month.
Japans economy shrank 3.7% (annualized) in the first quarter of
2011, following a revised 3% drop in the previous quarter as the
disruptions caused by the earthquake and tsunami disrupted
production and prompted consumers to cut back spending. Capital
nvestment dropped 0.9% while consumer spending fell 0.6% in the
January March quarter compared to the previous quarter.
Global Economic Indicators (As on May 19, 2011)
Commodities and Currencies
Gold futures rose the most this month after Fitch Ratings cut
Greeces credit rating, boosting the appeal of the precious metal
as a haven asset. Gold futures for June delivery settled at USD
1,508 an ounce on the Comex division. The price, up 1% this week,
has climbed 6.2% this year.The euro dropped to a seven-week low
Source: Economist
Hong Kongs economy expanded 7.2%, more than forecast, in the
first quarter from a year earlier, compared with a revised 6.4% gain
in the fourth quarter, as the government wrestled with accelerating
inflation and threat of a property bubble.
Investment spending in emerging markets is outpacing expenditures
in developed economies for the first time, as a surge in
infrastructure supports global growth. The biggest investment boom
of recent decades will help boost expansion worldwide about 4%
this year and next, compared with a long run average of just
below 3%. International Monetary Fund data show investment will
top 24% of global gross domestic product in 2012, the most in more
than two decades, and then rise above 25%, the highest since records
began 30 years ago.
versus the dollar as Greece moved closer to defaulting on its obli-
gations, bolstering concern the regions sovereign-debt crisis is
worsening. Europes currency closed at USD 1.4161.
Economic Indicators (%) US EU Japan UK China Brazil Russia
GDP +2.3 +2.5 -1.0 +1.8 +9.7 +5.0 +4.1
Industrial Production +5.0 +5.3 -12.9 +0.7 +13.4 -2.1 +5.3
Consumer Price Index +3.2 +2.8 0.0 +4.0 +5.3 +6.5 +9.6
Unemployment Rate 9.0 9.9 4.6 4.6 6.1 6.5 7.1
Current Account Balance % of GDP -3.6 -0.3 +2.7 -2.0 +3.3 -2.8 +5.6
Trade Balance -668.1 -22.9 +84.4 -151.6 +179 +23.1 +154.4
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3Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Indian Economy
The government plans to carry out an economic census next year to
assess the impact of economic reforms on various industries and
o formulate policies better. The census would involve collection of
data from entrepreneurial units in the country. Data on sectoral
activity of the unit, number of workers, social group of the owner,
female owned enterprise among others would be collected for micro
evel planning and policy formulations with respect to various
economic activities.
According to PMs economic advisory panel if the monsoon is normal,
hen food inflation will come down. However, fuel prices could go
up. Allowing for some increase in fuel prices, inflation could come
down to 6.5% by the end of this fiscal.
Enthused by a good tax collection in 2010 11 fiscal, Indias Central
Board of Direct Taxes has fixed its collection target for 2011 12 at
NR.5.3 tn. In 2010 11, it has achieved the budget target of INR.4.46
n against the original budget target of INR.4.3 tn. In 2010 11, it has
made around 85 lakh refunds, amounting to nearly INR 74 bn.
Indian Debt Markets
ndian federal bond yields rose on back of the central bank chiefs
comments which stoked concerns over larger market borrowing,
but the results of the USD 2.7 bn sale were awaited for immediate
Source: CCIL
Source: CCIL
Indian Currency Movement
Rupee declined for a third week on speculation that importers will
step up dollar purchases to settle month-end bills. The currency
extended its losses this month to 1.7%, the second worst perfor-
The new Consumer Price Index introduced earlier this year stood
at 106 points in April, the same level as March & against the base
of 100 in 2010, the exact inflation figures would only be released
from next year. The general indices for rural and urban consumers
stood at 108 and 105 points, respectively, in April.Continuing on its
downward trajectory,food inflation in the country slipped further
to 7.47% for the week ended May 7 on the back of cheaper pulses,
vegetables and wheat. The latest numbers are likely to bring cheer
to the government which has termed inflation control as one of the
major items on its agenda. During the week under review, pulses
became cheaper by 8.87% (YoY), while prices of vegetables were
down by 3.61%. Overall, primary articles reported 10.94% inflation.
Meanwhile, non-food primary articles were up 23.82% during the
week under review.
direction. The yield on the 10-year benchmark bond was at 8.35%.
The benchmark five-year swap rate was steady at 8.22% while the
one-year rate was also flat at 8.11%.
mance among Asias 10 most-used exchange rates, as a key gauge
tracking the greenbacks strength rose the most in a week. The
partially convertible rupee ended at 45.01 per dollar.
Annualized Rate
(current)
Annualized Rate
(last month)
Headline Inflation
(WPI)8.66
Primary Products 12.05 12.96
Fuel Power and
Lubricants13.32 12.92
Manufactured
Goods 6.18 6.21
Headline Inflation by WPI (%) (Apr11)
8.98
Internals
Current 1 WeekChange
Weekly1 Year
Change
annual
USD 44.93 44.79 0.31% 44.99 -0.13%
GBP 72.92 73.19 -0.37% 66.91 8.98%
Euro 64.34 63.59 1.17% 56.98 12.92%
Yen 54.99 54.18 1.47% 48.18 14.13%
1 Year Gilt 8.09
Debt Market Yields (%)
INR Exchange Rate (As on May 20, 2011)
10 year Gilt 8.34
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4Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Economic Calendar
Date Event Period Prior
26-May Food Articles WPI YoY 14-May 7.47%
26-May Fuel Power Light WPI YoY 14-May 12.11%
26-May Primary Articles WPI YoY 14-May 10.94%
India US
Date Event Period Prior
24-May New Home Sales APR 300K
25-May House Price Index MoM MAR -1.6%
25-May House Price Purchase Index 1Q -0.8%
26-May GDP QoQ (Annualized) 1Q S 1.8%
26-May GDP Price Index 1Q S 1.9%
26-May Initial Jobless Claims 21-May 409K
26-May Continuing Claims 14-May 3711K27-May Personal Income APR 0.5%
27-May Personal Spending APR 0.6%
27-May U. of Michigan Confidence MAY F 72.4
27-May Pending Home Sales (YoY) APR -11.5%
Gold/Silver(Spot)
800
900
1000
1100
1200
1300
1400
1500
1600
1700
May-10 J ul-10 Aug-10 Sep-10 Nov-10 Dec-10 J an-11 Mar-11 Apr-11
Gold($/OZ)
10
15
20
25
30
35
40
45
50
55
Silver($/OZ)
Silver Gold
CrudeOil
60
70
80
90
100
110
120
May-10 J ul-10 Aug-10 Sep-10 Nov-10 Dec-10 J an-11 Mar-11 Apr-11
Price(USD)
300
310
320
330
340
350
360
370
380
390
400
(MillionBarrels)
Inventory
Inventory CrudeOil
Currencies
0.0095
0.01
0.0105
0.011
0.0115
0.012
0.0125
0.013
May -1 0 J ul- 10 Au g- 10 S ep- 10 No v- 10 De c- 10 J an -1 1 Ma r- 11 A pr- 11
USD
/JPY
0.7
0.75
0.8
0.85
0.9
0.95
1
1.05
1.1
1.15
USD
/AUD
U SD / JPY U SD / A UD
Currencies
1.1
1.15
1.2
1.25
1.3
1.35
1.4
1.45
1.5
1.55
May-10 J ul-10 Aug-10 Sep-10 Nov-10 Dec-10 J an-11 Mar-11 Apr-11
USD/EUR
1.4
1.45
1.5
1.55
1.6
1.65
1.7
1.75
1.8
USD/GBP
USD/EUR USD/GBP
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5Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Global and Domestic Stock Markets
Global
Global markets traded rangebound mostly with negative bias as concerns
over Greece debt crisis emerged in Europezone. Dow Jones, Nasdaq, S&P 500
ended flat. European markets also ended flat to negative on weak global cues.
Among the Asian markets, Hangseng and Nikkei ended negative. In the
commodities market, NYMEX Crude traded near the $97 levels and Gold traded
near the $1506 in the week. US Data to watch next week: New Home Sales,
Durable Goods Orders, House Price Index, GDP Price Index, Personal
Consumption, Initial Jobless Claims, Personal Spending, Personal Income.
Domestic Performance of Sectoral IndicesThe Indian bourses ended negative with high volatility in the week. BSE Midcap
and Smallcap lost 2.1% and 2.2% respectively. Among the BSE sectoral indices,
IT (+0.4%) gained marginally, while Bankex (-3.4%), Metals (-1.8%), Auto (-1.2%)
ended negative. On the BSE100 index, LT gained 8.1% in the week after
announcement of good results. Mundraport also gained 7.1%.ON the losing
front were SBI and ONGC. SBI lost due to poor quarterly numbers while ONGC
faces subsidy burden in the coming quarters. DII activity was muted during
the week, while FIIs continued heavy selling in cash as well as future market.
Data to watch next week: Food Articles WPI YoY, Fuel Power Light WPI YoY,Primary Articles WPI YoY.
Outlook
Some good and bad results weighed on the domestic markets in the previous
week. SBI lost heavily due to poor numbers, while LT posted good numbers.
Volumes remained on the higher side in derivatives markets as most activity
was seen in Banking counters. Some pullback rally was expected and was seen
on Fridays session. The rally is unlikely to sustain during the expiry week. For
the May expiry, Nifty is likely to touch 5350-5200 zone due to selling by FIIs.
Trend remains bearish as FIIs have been continuously selling Index futures
and stock futures over the last few weeks. Results to watch in the coming week:
GAIL, BHEL, KFA, Tata Global, DLF, Hindpetro, Tata Motors, GSPL, Tech
Mahindra.
Close% Change
(week)
Dow Jones 12,605.30 0.1%
NASDAQ 2,823.30 -0.2%
S&P 500 1,343.60 0.4%
FTSE 5,958.60 0.6%
DAX 7,304.70 -1.3%
Hang Seng 23,199.40 -0.3%
Nikkei-225 9,607.10 -0.4%
Indices Close% Change
(week)
BSE SENSEX 18,326.10 -1.1%
NSE NIFTY 5,486.40 -1.1%
BSE MIDCAP 6,756.40 -2.1%
BSE SMALL CAP 8,185.20 -2.2%
BSE AUTO 9,113.10 -1.2%
BSE METALS 15,121.10 -1.8%
BSE BANKEX 12,158.60 -3.4%
BSE IT 6,063.80 0.4%
LT 1651.9 8.1%
Mundraport 147.55 7.1%
SBI 2322.05 -12.3%
ONGC 274.05 -10.1%
BSE 127.3
NSE CASH 492.4
NSE F&O 4442.5
Institutions Net Inflow
FII -10.4
DIIs -0.1
Institutional Activity in INR Bn (Weekly)
Key Indices Global
Sectoral Indices
Key Indices (Indian)
Weekly Gainers (BSE 100)
Weekly Losers (BSE 100)
Weekly Turnover (in INR Bn)
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6Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Derivative Analysis
Top 5 Price Losers
Top 10 Volume Gainers
Top 5 Price Gainers
Market Snapshot
Nifty May Futures closed at 5484.60 (Premium of 0.15 points over the Nifty
spot)
Open interest Nifty FUTIDX (Expiry 26 May): 24.55 mn.
Open interest BankNifty FUTIDX (Expiry 26 May): 1.76 mn.
India VIX for the week ended at 19.45, down 1.18 from previous weeks
close (20.63). In the week VIX touched low of 18.42 and high of 21.97.
Weekly Open Interest Analysis (Nifty Option)
Across all expiries, open interest is highest at the 5800, 6000, 5900 call options,
while open interest in the put options is highest at 5400, 5500, 5300 strike
prices, suggesting 5300-6000 to be the trading zone for Nifty index in short
term.
Sector Wise OI Change:
Bank, Oil&Gas, Pharma, Power sectors gained OI during the week.
Cash Future Cash Future
LT 8.10% 7.88% 206.01% 150.49% -5.14%
SRTRANSFIN 7.27% 7.05% 45.73% 99.50% 39.26%PANTALOONR 7.35% 6.90% -17.18% 446.37% 5.58%
MUNDRAPORT 7.05% 6.82% 41.86% -4.17% 2.26%
ASIANPAINT 5.11% 5.02% -4.09% 118.67% 81.06%
SCRIPS % Change - Price %Change - Volume % Change
in OI
Cash Future Cash Future
PATNI -12.13% -12.73% 475.73% 245.31% 30.13%
BALRAMCHIN -11.62% -12.46% -83.21% -60.04% -2.35%
DCHL -12.35% -11.92% 58.06% -43.42% -2.14%
SBIN -12.42% -11.56% 103.00% -10.00% 71.70%RELMEDIA -10.90% -11.16% 56.91% -25.24% -12.43%
SCRIPS % Change - Price %Change - Volume % Change
in OI
% Change Volumes
Price Open Interest (Delivery Based)
GTL -0.79% 3.62% 2431.98%
COREPROTEC -0.83% 11.19% 1473.78%
DIVISLAB 2.98% 58.64% 1374.82%
VIDEOIND -3.45% 0.15% 1163.78%
OIL -5.73% 69.70% 944.74%
GTLINFRA -2.14% 2.02% 770.57%
MRPL -0.54% 2.98% 676.11%
CONCOR -4.55% 4.55% 572.70%
VOLTAS -2.00% 14.22% 514.83%
PANTALOONR 7.35% 5.58% 446.37%
SCRIPS % Change in F&O
OIAnalysis
1,000,000)
1,000,000
3,000,000
5,000,000
7,000,000
9,000,000
11,000,000
5200
5300
5400
5500
5600
5700
5800
5900
6000
6100
6200
Strike
OI
CallOption
PutOption
ChangeinOI
(2,000,000)
(1,000,000)
0
1,000,000
2,000,000
3,000,000
4,000,000
5200
5300
5400
5500
5600
5700
5800
5900
6000
6100
6200
Strike
OIChange
CallOption
PutOption
-100%
-50%
0%
50%
100%
150%
200%
250%
300%
Power
Bank
Realty
Oil&Gas
Metal&Mining
Auto
Pharma
IT
CapitalGoods
Cement
Sectors
%ChangeinOI
NiftyPCRatio
0.7
0.72
0.74
0.76
0.78
0.8
0.82
0.84
0.86
0.880.9
16-May
17-May
18-May
19-May
20-May
Date
PCR
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7Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Technical Analysis
Source: Iris)
Conclusion
Last week Nifty shut on a negative note @ 5486.35, down by 59 points from the previous week's close. Technically Nifty on weekly chart
has formed hammer candle stick pattern, which shows sideways to positive sentiment in coming sessions. Nifty spot on weekly hasopened high at 5542 and made a low of 5401 and then finally closed negative at 5486. Stochastics and the RSI are slightly oversold
signaling that buying pressure at support levels are possible short-term. The close below the 65 day moving average (5600) indicates the
short term trend could be turning sideways. Stochastics trending lower at midrange will tend to reinforce a move higher especially if
support levels are taken out. The market setup is somewhat sideways trend with trading range between 5400-5600. The next area of
resistance is around 5600-5675. So Nifty appears to be sideways trading on weekly chart having supports at 5400-5350 levels. For short
erm trading long positions, stop loss of 5395 is advisable.
Weekly Nifty has resistance at 5600-5675 and supports at 5400-5350.
Weekly Bank Nifty has resistance at 10865-11000 and supports at 10400-10180.
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8Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
HDFC BANK LTD
LTP 2315.00
View: Positive
Oscillators Analysis: Stochastics and RSI are positive crossover and are in oversold territory on daily chart reading, which indicate
positive sentiment in stock momentum with good volume support.
Pattern Analysis: A clear price breakout above 2280, which is multiple resistance zone on daily chart, which indicates stock may upside till
resistance level, is a confirmation of a trend in that direction.
Technical Analysis:
HDFC Bank has bullish engulfing candle stick on daily chart with good volume support. Stock has 200 Day moving average support at 2255
evels. Daily RSI has shown positive crossover into oversold territory which will tend to supports reversal action if it occurs. The market
ilt is positive with the close above multiple supports at 2260 on daily chart basis. The next area of resistance is around 2400, while 1st
support hits at 2285 and below there at 2265. It is also heading towards resistance zone at 2400.00.
We recommended the stock around 2285-2270 with stop loss at 2220 (closing basis) for a target of Rs. 2400.
Weekly Recommendations
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9Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Shriram Transport Finance Company Ltd.
LTP 686.00
View: Positive
Oscillators Analysis: MACD and RSI are positive crossover and are in oversold territory on weekly chart reading, which indicate positive
sentiment in stock momentum.Pattern Analysis: A clear bullish flag channel pattern and supports are at 630-650 levels, flag resistance and breakout at 800, which
ndicates stock upside is a confirmation of a trend in that direction with volume support.
Technical Analysis:
On weekly chart SRTRANSFIN has been trading above medium term moving average (100 WMA) at 610 levels, which indicates positive
sentiment in short term trading and strong buying pressure above support zone around Rs.645, we expect the momentum to continue
ill 800 on the upside (resistance zone). And any genuine correction should see in stock price around supports at 650, which should be
used as a buying opportunity for the potential target 800.00.
We recommended the stock initially at 662 and declines till 640, with stop loss below at 600.00(on closing basis) for a target of Rs. 800.00.
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10Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
-7- Sector & Company Highlights
Oil & Gas
OVL entered into a Memorandum of Understanding (MOU) with Uzbekneftegaz (UNG), the national oil company of Uzbekistan for
joint cooperation in the upstream E&P sector of Uzbekistan as well as third countries. The MoU provides for the formation of Joint
Working Group consisting of experts from both the companies for identifying specific oil and gas fields in Uzbekistan and the areas
in third countries for E&P activities through joint cooperation.
Information Technology
3i Infotech Ltd. has sold its US-based Global Billing and Payments Unit to an affiliate of Cerberus Capital Management LLP for INR
6.17 bn (USD 137 mn).
MphasiS Ltd. might have a difficult FY11 (Calendar Year November October) as its US parent and largest shareholder Hewlett
Packard (HP) has cut its sales forecast for the full year ending October 2011. HP owns nearly 60.53% stake in MphasiS and is the
latters largest business client.
Tata Consultancy Services Ltd. (TCS) will adopt IFRS accounting standard from the current fiscal (FY12).
Metals & Mining
Fifteen Indian steel and mining companies, shortlisted by the Afghan government for grant of mining licences at Hajigak, are likely to
form two consortiums led by SAIL and NMDC-- for bidding. Hajigak has an estimated 1.8 billion tonnes of high quality magnetite
with 62-63% iron (Fe) content.
Coal India today overtakes ONGC in becoming the most valuable PSU of India in terms of market capitalisation (m-cap).State-owned Coal India is in negotiations to pick 15 per cent stake in a joint venture with US-based coal firm Peabody Energys USD
600 million mining project in Australia. The US-based firm will have 85 per cent holding in the JVC, while the rest will be owned by the
Maharatna firm.
Capital Goods & Engineering
Larsen & Toubro has received an order valued over INR 35bn from PPN Power Generating Co. Ltd., Chennai, Apollo Group, for
setting up a 3 x 360 MW gas based power plant. Company has also secured a contract worth INR 14.5bn from Gujarat State
Petroleum Corporation (GSPC). Positive, as it improves the revenue visibility of the company.
IL&FS Engineering & Construction Company (IECC) has bagged a contract worth USD 100Mn from Prime Star Energy FZE (part of
the Emirates Trading Agency LLC group) for construction of a Storage Tank Terminal at Fujairah, UAE. The project is expected to be
completed within next two years. Positive , as it improves the revenue visibility and companys maiden entry into O&G sector would
also help them to diversify and address the growing concerned market.
Crompton Greaves (CG) has acquired Sweden-based Emotron Group for Euro 57.8Mn (~INR 3700Mn). This is the eighth acquisition
in a span of six years by the company. Positive as this acquisition shall enable the CG to become a global player capable of providing
comprehensive solutions in its industrial systems business. CG already has its operations based in Europe and offers variety of
motors and generators for industrial markets.
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11Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Mutual Fund Insights
Scheme Update
HDFC Mutual Fund has announced dividend under normal and quarterly dividend
options of HDFC FMP 14M March 2010 on the face value of Rs 10 per unit, The
record date for dividend has been fixed as May 25, 2011.
UTI Mutual Fund has declared dividend under dividend option of UTI Fixed
Income Interval Fund Half Yearly Interval Plan I on the face value of Rs 10 per
unit, quantum of dividend will be 100% of distributable surplus as on the record
date, record date for dividend has been fixed as May 25, 2011. The NAV for retail
option and institutional option stood at Rs 10.1343 per unit and Rs 10.1386 per unit
respectively as on 18, May 2011.
Religare Mutual Fund has announced that units of Religare Fixed Maturity Plan -
Series VII - Plan C (369 Days) under Religare Fixed Maturity Plan - Series VII-
Plan A to F, a close ended scheme, will be listed and admitted to dealings on the
Capital market segment of Bombay Stock Exchange (BSE) with effect from 20,
May 2011.
Source: Accord Fintech
Source: Accord Fintech
Weekly Activity
-4000 -3000 -2000 -1000 0 1000 2000
16-May
17-May
18-May
19-May
20-May
FIITradingActivity(InBillions)
Debt Equity
-1000 -500 0 500 1000 1500
16-May
17-May
18-May
19-May
MFTradingActivity(InBillions)
Debt Equity
Purchase Sales Net Purchase /Sales Purchase Sales Net Purchase /Sales
Mutual Fund Activity
19-May-11 5.52 5.24 0.28 22.07 27.70 -5.63
18-May-11 3.79 5.09 -1.30 11.69 19.14 -7.45
17-May-11 2.79 9.11 -6.32 0.00 0.00 0.00
16-May-11 3.36 4.12 -0.76 37.11 23.43 13.69
FII Activity
20-May-11 21.12 21.19 -0.07 12.23 13.07 -0.8319-May-11 24.58 27.18 -2.60 5.85 3.40 2.45
18-May-11 38.32 40.74 -2.42 25.60 15.83 9.77
16-May-11 23.01 60.07 -37.06 6.80 10.92 -4.12
DateEquity (INR in Bn) Debt (INR in Bn)
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12Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Source: Accord Fintech
New Fund Offers
Fund Opens Closes Structure Fund Manager Investment Objective Benchmark
Union KBC Equity
Fund(G)20-May 3-Jun
Openended
Mr. Ashish
Ranawade
To achieve long-term capital appreciation by
investing substantially in a portfolio consisting of
equity and equity related securities.
BSE-100
ICICI Pru Multiple
Yield-A(G)20-May 31-May
Close
ended
Mr. Chaitanya
Pande
To generate returns by investing in a portfolio of
fixed income securities/ debt instruments. The
secondary objective of the Scheme is to generate
long term capital appreciation by investing a
portion of the Schemes assets in equity and
equity related instruments.
Crisil MIP Blended
Index
Birla SL CPO-Sr 6 18-May 30-MayClose
ended
Mr. Satyabrata
Mohanty, Mr.Ajay
Garg
To seek capital appreciation linked to equitymarket with downside protection at the end of
tenure. Fund expects to achieve down side
protection by investing in debt securities with
tenure comparable with the tenure of the Plan,
subject to the credit risk. Fund expects to achieve
the market-linked appreciation (upside) by
investing in premium of exchange traded
options.
Crisil Balanced
Fund Index
IDFC FMP-200D-2(G) 19-May 23-May Closeended
Mr. Anupam Joshi
To generate income through investments in Debt
/ Money Market Instruments and Government
Securities maturing on or before the maturity
date of the respective Plan(s).
Crisil CompositeBond Fund Index
SBI DFS-370D-15(G) 19-May 24-MayClose
ended
Mr. Rajeev
Radhakrishnan
To seek regular income, liquidity and returns to
the investors through investments in a portfolio
comprising ofdebt instruments such as
Government Securities, PSU & Corporate Bonds
and Money Market Instruments maturing on or
before the maturity of the scheme.
Crisil Short-Term
Bond Fund Index
Reliance Dual Advant
FTF-1-K(G)10-May 24-May
Close
ended
Mr. Shailesh Raj
Bhan, Mr. Anju
Chajjer
To generate returns and reduce interest rate
volatility, through a portfolio of fixed income
securities that are maturing on or before the
maturity of the Scheme along with capital
appreciation through equity exposure.
Crisil MIP Blended
Index
Religare FMP-VII-D-
92D(G)20-May 23-May
Close
endedMr. Nitish Sikand
To generate income by investing in a portfolio of
debt and money market instruments maturing
on or before thedate of maturity of the Scheme.
Crisil Liquid Fund
Index
Birla SL FTP-DC(G) 20-May 30-May
Close
ended
Mr. Kaustubh
Gupta
To generate income by investing in a portfolio of
fixed income securities maturing on or before theduration of the scheme.
Crisil Short-Term
Bond Fund Index
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13Wealth Research, Unicon Financial Intermediaries. Pvt. Ltd.Email: [email protected]
Source: Accord Fintech
NAV CAGR (In %)
Scheme Name (21 May 11) 1 Week 1 Month 1 Year Since Inception
ICICI Pru Dynamic(G) 106.25 -1.31 -3.51 13.29 31.81 0.64 0.01 1.84
Fidelity Equity(G) 34.69 -0.80 -5.25 12.21 22.98 0.80 0.01 1.85
ICICI Pru Discovery(G) 48.60 -1.76 -2.19 11.96 26.34 0.68 0.01 1.92
Franklin India Bluechip(G) 210.76 -1.25 -4.53 12.89 25.17 0.78 0.01 1.83
Principal Large Cap(G) 27.76 -1.70 -4.74 7.68 20.30 0.82 -0.01 2.27
DSPBR Top 100 Equity-Reg(G) 98.65 -0.61 -4.06 11.27 32.20 0.78 0.01 1.86
Birla SL MIP(G) 26.56 0.04 -0.67 6.18 9.75 0.15 0.00 2.09
ICICI Pru Child Care Plan-Study Plan 29.52 -0.15 -0.64 8.78 11.78 0.11 0.01 1.50
Tata MIP Plus(G) 15.92 -0.36 -1.19 4.16 6.69 0.31 0.00 2.00
Birla SL '95(G) 306.74 -0.67 -3.87 10.92 23.43 0.58 0.02 2.31
DSPBR Balanced(G) 65.12 -0.97 -3.46 8.69 16.91 0.65 0.01 2.10
Tata Balanced(G) 81.60 -1.38 -2.62 8.96 16.63 0.66 0.01 2.34
Category: Balanced Funds
Category: Largecap
Category: Monthly Income Plans
Weekly Recommendations (Equity & Hybrid)
Absolute Return (In %)BETA ALPHA
Expense
Ratio
Weekly Recommendations (Debt)
NAV CAGR (In %)
Scheme Name (21 May 11) 1 Week 1 Month 1 Year Since Inception
Category: Floating Rate
Birla SL FRF-LT(G) 17.03 0.17 0.70 7.15 6.91 8.87 51.10 51.10 0.14
Reliance FRF ST(G) 15.87 0.15 0.64 6.54 5.92 0.00 167.90 149.65 0.80
LICMF FRF-STP(G) 16.17 0.13 0.56 6.18 6.96 0.00 2.16 2.04 0.64
Category: Income - Long term
Birla SL Dynamic Bond-Ret(G) 16.51 0.17 0.41 5.49 7.85 9.30 547.50 547.50 0.79
ICICI Pru Income-Reg(G) 31.16 0.09 -0.14 2.89 9.19 9.14 1324.95 949.00 2.11
DSPBR Govt. Sec(G) 33.06 -0.12 -0.64 1.07 10.81 0.00 3766.80 2120.65 1.25
Category: Income - Short term
Kotak Bond-STP(G) 18.68 0.15 0.78 3.76 7.15 9.50 182.50 167.90 0.89
Templeton India ST Income(G) 1976.73 0.16 0.59 5.85 7.60 10.41 379.60 244.55 1.30
UTI ST Income(G) 16.93 0.12 0.85 6.80 6.89 0.00 635.10 0.00 0.59
Category:Ultra Short Term Fund
Templeton India Ultra-ST-Ret(G) 12.65 0.16 0.67 7.12 7.12 8.61 40.15 36.50 0.65
Kotak Floater-ST(G) 16.23 0.16 0.70 7.02 6.36 8.90 47.45 47.45 0.57
Tata Floater(G) 14.85 0.17 0.71 7.38 7.17 8.65 20.52 0.00 0.25
Category: Liquid
Templeton India TMA-Reg(G) 2429.99 0.15 0.65 6.59 7.03 8.23 40.15 36.50 0.85
SBI Magnum InstaCash-Cash(G) 22.02 0.16 0.67 7.03 6.79 7.98 18.25 18.25 0.30
Tata Liquid-RIP(G) 2266.98 0.16 0.67 6.63 6.64 8.88 16.44 0.00 0.65
YTMAverage
Maturity In
Modified
Duration in
Absolute Return (In %) Expense
Ratio
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Source: Accord Fintech
Dividend Declaration
Scheme Name Category Record Date Gross Corporate Non-Corporate
AIG Qtrly Inv-I-Ret(D) Debt 23-May-11 1.77 1.77 1.77
ICICI Pru FMP-50-18M-A-Ret(D) Debt 23-May-11 9.82 9.82 9.82
ICICI Pru FMP-50-18M-B-Ret(D) Debt 23-May-11 10.31 10.31 10.31
Reliance Inv-Annual-I-Ret(D) Debt 23-May-11 6.50 6.50 6.50
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