10 June 2009

How to turn Rs 100 into Rs 1.9 cr in three months

How to turn Rs 100 into Rs 1.9 cr in three months


n 3 months, Rs 100 could grow to Rs 1.9 cr in Indian market

10 Jun 2009, 0807 hrs IST, Shailesh Menon & Rajesh Mascarenhas, ET Bureau

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MUMBAI: In 1999, when he was barely 18 years old and still a student, American Timothy Sykes decided to invest his $12,000 gift money in the
stock market. In a little over two years, his investment had grown to $1.65 million. Impressive, no doubt, but it’s still not the stock market investor’s ultimate fantasy.


Now, suppose an Indian investor had been struck by a brilliant flash of visionary foresight at the start of March this year. Starting March 2, which was the first trading day of the month, for the next three months he would know how each stock was going to behave and which one would end up being the best performer every single day. What would our investor have done with just Rs 100? Would he have made Mr Sykes look like a babe in the woods?

On March 2, his Rs 100 would have been on Apollo Tyres, the top gainer of the day. At the close of trading, his investment would have been worth Rs 124 and he would have redeemed it to invest the entire amount in Monnet Ispat on March 3. The steel-maker’s stock would then have turned his Rs 124 into Rs 139.

Thus aided by prophetic vision our investor would have gone on, watching his Rs 100 multiply manifold as he picked the best-performing stock each day for 57 trading sessions. As general elections drew nearer around the second week of April, there was a wave of positive sentiment towards the troubled export, infrastructure and real estate sectors.

Stocks of companies such as Gitanjali Gems, Reliance Infra, Sasken Communication Technologies and Unitech rose smartly on hopes that a new government would come up with plans to infuse new life into these ailing business segments.

On the morning of April 16, when India began voting to elect new representatives to the Lok Sabha, our fortunate investor’s Rs 100 had grown to Rs 36,812. He used the money to buy shares of Gitanjali Gems and exited the stock that evening, pocketing a gain of Rs 6,085.


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Over the next month, as the world’s largest democratic exercise unfolded, our investor’s Midas Touch with stocks continued. On election results eve on May 15, he parked his money, now Rs 14,11,863, in Aban Offshore. In a little over five hours, he was richer by Rs 3,10,186.

Again, on May 18, when trading had to be halted twice as the market showed its glee with the outcome of the election, our prescient investor had picked Indiabulls Real Estate. In less than two minutes of trading, the pre-market opening order for shares worth Rs 17,22,049 has become Rs 22,98,074.

Indian investor better off

On June 2, after two months of living the fantasy, our investor’s original Rs 100 had multiplied 2 lakh-fold and returned him a fortune of Rs 1,97,03,879. During this period, the benchmark Sensex index of the Bombay Stock Exchange had risen by a measly 50% while it took Mr Sykes over two years to multiply his investment by 137 times.

Our investor may have been imaginary and his investments fantastic. But like English novelist Terry Pratchett remarked, “Fantasy is an exercise bicycle for the mind. It might not take you anywhere, but it tones up the muscles that can.”



Sensex nears one-year high of 15589.62 mark
Expect infra, PSU, power, sugar, metals to do well: Kotak Securities
Go long on ABB June future at Rs 732: India Infoline

06 June 2009

Strategies to trade mkts, commodities, currencies next week:CNBC

Strategies to trade mkts, commodities, currencies next week

Udayan Mukherjee, Managing Editior, CNBC TV18: Trading in markets in the first week of June has not been too bad, unless you start comparing it with the heady weeks of May. I think it has been very good. Largecaps and smallcaps were up 3% and 7% respectively. There is a little bit of fatigue or sluggishness that is creeping in now at above 4,500-4,600 Nifty. However, there is nothing to suggest that the music has stopped playing.

Here is a verbatim transcript of Udayan Mukherjee’s comments on CNBC-TV18. Also watch the accompanying video.

There is still lot of liquidity sloshing around in the market, still a lot of interest in midcaps and smallcaps and that may well continue as we go into next week, despite Friday’s late sell-off in many midcap and smallcap names. Interest levels would still be very high. So, we could see a familiar pattern that at higher levels the market periodically runs into a little bit of rough weather and at lower levels it is constant buying which emerges every time the Nifty looses 100-150 points. It will partly depend on global markets. If global markets are rangebound more or less around these levels, then the Nifty will still try to go 100-150 points higher next week and then take it from there. We continue with the uptrend next week, albeit with mild chance of turbulence creeping in above 4,600. But that is not decisive or conclusive though.

Experts speak on the way the markets have rallied during the week

Stephen Roach, Chairman, Morgan Stanley Asia, said, “For the first time in 12 years, I have been optimistic about India than China. The reason being that India has made good improvements in the recent years from the standpoint of macro development, especially higher savings, increased foreign direct investment, and a massive improvement in infrastructure’s share of GDP.”

“From the standpoint of India, you have got massive government Budget deficit. External capital flow have been hit in the past one-and-a-half year. The government, politicians need to seize the moment and take the initiative.”

Also see: Experts see strong undercurrent in mkts ahead

Jonathan Garner, Chief Asian and Emerging Market Equity Strategist, Morgan Stanley, said, “We have upgraded India to overweight along with other markets in the region. It is the key outperformer this year and the growth is proving very resilient in a global context. You have very positive political dynamics that has unfolded here in India which is a catalyst for the people here to really get involved. Hence, we are seeing increasing flows from our global client into the Indian market.”

“What we have seen throughout the year is the building of fund flows towards the emerging markets. Year-to-date, we have had over USD 40 billion of net inflows to various emerging markets funds that we track.”

Sanjay Shah, MD and Head-Institutional Sales, Morgan Stanley, said, “What has happened post the election results is that most large global long-only funds, who were waiting for results to come out and get some more clarity, have decided to go overweight on Indian equities. Some are in the process of doing so and some have already started doing so. That is where the incremental amount of interest is coming from. Global hedge funds have been increasing their exposure to India post the election results, but it is not as much hedging as there is more fresh interest built into Indian equities.”

Ridham Desai, MD and Head-Equities, Morgan Stanley, said, “Our bull case does call for a significant room on the upside. That is predicated on the policy response from the government if it exceeds current expectations. Our bull case for this year is somewhere around 19,500 which is not very far from where we were at the peak of 2008.”


*********************************


rading ideas for next week

Sudarshan Sukhani of Technical Trends said, “Hindalco, which is a blue-chip company, has probably seen the worst. At current levels, if you have a three-year time horizon, the stock is a buying opportunity. You could make a reasonable amount of money. If there is a correction, you might like to add to your positions.”

“In Reliance Capital, there is a possibility of volatile movement. But given the encouraging economic environment, the stock is itself trading considerably lower than its 2007-08 highs. It has corrected well, so you should be buying Reliance Capital on correction.”

Rajat Bose of rajatkbose.com said, “The technical formation of PowerGrid Corporation suggests that the medium term outlook for this stock is pretty good. Within the short-term also, I expect some kind of movement in this stock. I expect this stock to go to Rs 137-143. I suggest a stop loss of Rs 118.”

Indowind Energy has formed a base and has started moving up in the recent past. However, the chart pattern suggests that there is considerable upmove left in the stock over the medium-term. I recommend the stock as a medium-term pick. My target is Rs 69-85 with a stop loss below Rs 33.”

Vijay Bhambwani of bsplindia.com said, “For the coming week, the momentum base aggressive traders can initiate long positions in the June futures of Cairn India. As long as the counter remains above the Rs 260 levels, I suggest a stop loss at Rs 248 and a profit target at Rs 275-282.”

“Buy Inox Leisure, which is a BSE-listed counter, around Rs 115-118 levels. A deep stop loss is suggested at Rs 95 and the profit taking is recommended at Rs 200.”



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More @ http://www.moneycontrol.com/india/news/market-outlook/strategies-to-trade-mkts-commodities-currencies-next-week/400707/1




Source:Moneycontrol.com

02 June 2009

Commodities: 10 hot money-spinners in India

Commodities: 10 hot money-spinners in India

Ten hot money-spinners in India

Nidhi Nath Srinivas, ET Bureau

Chicago, New York, London and Shanghai bourses may be rocketing. But for making money, one needs to catch the action in desi markets.

So I did a quick reccy and guess what I found. There is plenty happening right here under our noses.

Here's my list (in no particular order) of the top 10 commodities on the upswing. Keep an eye on them.



Ten hot money-spinners in India

Gold and Silver: Gold is inversely linked to the dollar. So when dollar weakens, investors switch from currency to a hard asset like gold.

Gold is attractive to everyone: those who believe the economy will recover and customers will start buying again; and those pessimistic ones who believe the worst is still ahead.

For the latter, gold becomes a safe shelter for impending bad times. That is why pure gold crossed Rs 15,000 on Monday.

Silver, the poor man’s gold, has tracked gold and risen to a 10-month high. They will continue to remain firmly bullish.


Ten hot money-spinners in India

Tea and Coffee: Tea production in India, the world’s largest producer, is down 15%, affected by very poor rains in Assam and West Bengal. That comes when there is a global shortage of 45 mn kg, pushing Indian tea prices to an unprecedented Rs 98/kg. Exports have dropped by 12 million kg between January and March 2009, compared to last year. As consumption both locally and across the world continues to rise, this bodes well for tea companies, traders and exporters.

Coffee has been hit by disease and poor rains, too. Berry borer pest has hit 13,000 ha robusta coffee crop in the main growing districts of Chikmagalur, Coorg and Hassan in Karnataka. Last year too the crop was hit, albeit by heavy unseasonal rains. Currently, coffee prices are so high in the domestic market that traders are making more money selling locally than exporting overseas.


Ten hot money-spinners in India

Gur and sugar: Sugar is hot because India produced only 14.5 million t in 2008-09 while it consumed 21 million.

This deficit has to be filled by imports. But if sufficient sugar is not imported, prices will remain at Rs 26/kg ex-factory. In 2009-10, India is expected to produce 21 million t sugar, going by current sugar cane planting reports from Maharashtra and UP.

But all depends on the rains, which could change yields. Even if India does produce 21 mn t in 2009-10, the supply pipeline will still be badly stretched. Traders are already licking their chops.

If sugar is hot, gur is even hotter. Gur is now more expensive than sugar and no one has seen these prices of Rs 28/kg in a long, long time. There is tremendous demand for gur because it can replace molasses and be brewed to make country liquor. Right now, molasses are so expensive, that all desi vends have switched to gur. So gur can say hic, hic, hurray.


More@ Commodities: 10 hot money-spinners in India

Equity funds gain 31 pc in May; best in 17 years

MF industry's assets cross Rs 6 lakh cr mark

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Source: Economic TImes.com


31 May 2009

India's 11 largest Merger n Acquisition deals

India's 11 largest M&A deals

Bharti Airtel chairman Sunil Mittal.




Next

India's 11 largest M&A deals

Rediff Business Desk

The proposed merger between Bharti Airtel and South Africa's MTN would be India's biggest-ever M&A deal. The potential value of the Bharti Airtel-MTN deal would amount to $23 billion.

As per the exploring agreement, MTN and its shareholders would acquire around 36 per cent economic interest in Bharti Airtel, while, the Sunil Mittal-promoted Bharti Airtel would acquire 49 per cent stake in South African telecom giant MTN.

Let us now take a look at the 10 largest M&A transactions involving an Indian company until now



B Mutharaman, Tata Steel MD; Ratan Tata, Tata chairman; J Leng, Corus chair; and P Varin, Corus CEO.


Back | Next

Tata Steel-Corus: $12.2 billion


1. Tata Steel-Corus: $12.2 billion

On January 30, 2007, Tata Steel purchased a 100% stake in the Corus Group at 608 pence per share in an all cash deal, cumulatively valued at $12.2 billion.

The deal is the largest Indian takeover of a foreign company till date and made Tata Steel the world's fifth-largest steel group.



Image: B Mutharaman, Tata Steel MD; Ratan Tata, Tata chairman; J Leng, Corus chair; and P Varin, Corus CEO.
Photograph: Toby Melville/Reuters


The then CEO of Vodafone Arun Sarin visits Hutchison Telecommunications head office in Mumbai.


Back | Next

Vodafone-Hutchison Essar: $11.1 billion


2. Vodafone-Hutchison Essar: $11.1 billion

On February 11, 2007, Vodafone agreed to buy out the controlling interest of 67% held by Li Ka Shing Holdings in Hutch-Essar for $11.1 billion.

This is the second-largest M&A deal ever involving an Indian company.

Vodafone Essar is owned by Vodafone 52%, Essar Group 33% and other Indian nationals 15%.



Image: The then CEO of Vodafone Arun Sarin visits Hutchison Telecommunications head office in Mumbai.
Photograph: Punit Paranjpe/Reuters



More @ India's 11 largest M&A deals


Source:Rediff.com

RIL, ONGC, Bharti in global 500 list

'RIL, ONGC, Bharti in global 500 list'

Ten Indian companies, including Mukesh Ambani-led Reliance Industries and telecom major Bharti Airtel, are among the 500 top global companies for 2009 in terms of market capitalisation, according to the Financial Times.

The league of 500 companies is topped by American energy giant ExxonMobil followed by oil major PetroChina and US retailer Wal-Mart Stores at the second and third positions, respectively.

Reliance Industries is the lone Indian entity featuring in the top 100 and is ranked at the 75th place with a market capitalisation of USD 47.25 billion. The entity was placed at the 80th spot last year.

Other Indian firms featuring in the list are Oil & Natural Gas Corporation (120th rank), National Thermal Power Corporation (138), Bharti Airtel (188), Infosys Technologies (330), Bharat Heavy Electricals Ltd (345), ITC (362), State Bank of India (372), Tata Consultancy Services (483) and Hindustan Unilever (495) "The companies are ranked by market capitalisation - the greater the stock market value of a company, the higher its ranking. Market capitalisation is the share price on March 31, 2009 multiplied by the number of shares issued...," the Financial Times said in an accompanying report.

Seven Indian firms have improved their positions from last year, while SBI and TCS have slipped in their rankings. Hindustan Unilever was not in previous year's list. ONGC has a market capitalisation of USD 32.87 billion, NTPC (USD 29.29 billion), Bharti Airtel (USD 23.41 billion), Infosys Technologies (USD 14.95 billion), BHEL (USD 14.51 billion), ITC (USD 13.75 billion), SBI (USD 13.35 billion), TCS (USD 10.42 billion) and Hindustan Unilever (USD 10.23 billion).

As many as three American companies led by India-origin chief executives -- Pepsico (42), Citigroup (358) and Adobe Systems (448) -- also feature in the list.

Indra Nooyi-led Pepsico has a market capitalisation of USD 80.12 billion, Vikram Pandit-led Citi (USD 13.85 billion) and Shantanu Narayen-led Adobe Systems (USD 11.21 billion).

Both Pepsico and Adobe Systems have improved their positions from last year's 46th and 469th ranks, respectively. However, Citi's ranking has tumbled from previous year's 53rd place.

"The total market capitalisation of the Global 500 companies has fallen by 42 per cent from USD 26,831 billion to USD 15,617 billion. The 500th company is worth USD 10.1 billion, compared with USD 19.3 billion last year," the report said.

Source:Business Today ( 'RIL, ONGC, Bharti in global 500 list' )

FnO Revision of Market Lot of Derivative Contracts

NSE/FAOP/12491 May 29, 2009 Revision of Market Lot of Derivative Contracts





Subject: Revision of Market Lot of Derivative Contracts

Exchange reviews on a periodic basis the contract size/value of derivative contracts based on prescribed minimum value of INR 200,000 as per SEBI circular no. SEBI/DNPD/CIR-20/2004/02/23 dated February 23, 2004. It is proposed to carry out revision of market lots for derivatives contract as given below:

Sr No

Underlying whose Derivative contract size /value is

Revising methodology

Effective date

Annexure Number for list of underlying

1

Higher than INR 800,000

Dividing existing lot by 4

June 26, 2009

(for all contracts)

1

2

Higher than INR 400,000

Dividing existing lot by 2

June 26, 2009

(for all contracts)

2

3

Higher than INR 800,000 but lot size not exactly divisible by 4

Dividing existing lot by 4 & rounding off to nearest even integer.

June 26, 2009

(for September 2009 & later expiries)

3

4

Lower than INR 200,000

Multiplying existing lot by 2 and its multiples

June 26, 2009

(for September 2009 & later expiries)

4

To avoid operational complexities, in case 3 & 4 above, only the far month contract i.e. September 2009 expiry contracts will be revised for market lots. Contracts with maturity of July 2009 and August 2009 would continue to have the existing market lots. All subsequent contracts (i.e., September 2009 expiry and beyond) will have revised market lots.

For any clarifications, members are advised to contact the following officials:

Mr. Sachin Dhar and Mr. Janardhan Gujaran at 26598151 or 26598152

Yours faithfully,

For National Stock Exchange of India Ltd.

Suprabhat Lala

Assistant Vice President


Annexure-1

List of underlying in which market lot is being revised downwards:

Sr No

Underlying

Symbol

Present Market Lot

Revised market Lot

1

Aurobindo Pharma Ltd

AUROPHARMA

2800

700

2

Bajaj Auto Limited

BAJAJ-AUTO

800

200

3

Bajaj Hindusthan Ltd

BAJAJHIND

5700

1425

4

Balrampur Chini Mills Ltd

BALRAMCHIN

9600

2400

5

Dish TV India Limited

DISHTV

20600

5150

6

Financial Technologies (India) Limited

FINANTECH

600

150

7

GMR Infrastructure Limited

GMRINFRA

5000

1250

8

GVK Power & Infrastructure Limited

GVKPIL

19000

4750

9

Hindustan Construction Co. Ltd

HCC

8400

2100

10

Housing Development and Infrastructure Limited

HDIL

3096

774

11

Jaiprakash Associates Limited

JPASSOCIAT

4500

1125

12

Jaiprakash Hydro-Power Limited

JPHYDRO

12500

3125

13

LIC Housing Finance Ltd

LICHSGFIN

1700

425

14

Mahindra & Mahindra Ltd.

M&M

1248

312

15

Maruti Suzuki India Limited

MARUTI

800

200

16

Nagarjuna Fertilizer & Chemicals Ltd.

NAGARFERT

21000

5250

17

National Aluminium Company Limited

NATIONALUM

2300

575

18

Neyveli Lignite Corporation Limited

NEYVELILIG

5900

1475

19

Steel Authority of India Ltd.

SAIL

5400

1350

Annexure-2

List of underlying in which market lot is being revised Downwards:

Sr No

Underlying

Symbol

Present Market Lot

Revised market Lot

1

Adlabs Films Ltd

ADLABSFILM

1800

900

2

Allahabad Bank

ALBK

4900

2450

3

Alstom Projects India Ltd

APIL

1200

600

4

Andhra Bank

ANDHRABANK

4600

2300

5

Ashok Leyland Ltd

ASHOKLEY

19100

9550

6

Asian Paints Limited

ASIANPAINT

400

200

7

Associated Cement Co. Ltd.

ACC

752

376

8

Axis Bank Ltd.

AXISBANK

900

450

9

Bank Of Baroda

BANKBARODA

1400

700

10

Bharat Earth Movers Ltd.

BEML

750

375

11

Bharat Electronics Ltd.

BEL

552

276

12

Bharat Forge Co Ltd

BHARATFORG

4000

2000

13

Bharat Heavy Electricals Ltd.

BHEL

300

150

14

Bharat Petroleum Corporation Ltd.

BPCL

1100

550

15

Bharti Airtel Ltd

BHARTIARTL

500

250

16

Bhushan Steel & Strips Lt

BHUSANSTL

1000

500

17

Biocon Limited.

BIOCON

3600

1800

18

Bombay Rayon Fashions Ltd

BRFL

2300

1150

19

Cairn India Limited

CAIRN

2500

1250

20

Canara Bank

CANBK

1600

800

21

Century Textiles Ltd

CENTURYTEX

1696

848

22

Chambal Fertilizers Ltd.

CHAMBLFERT

6900

3450

23

Chennai Petroleum Corporation Ltd.

CHENNPETRO

3600

1800

24

Container Corporation Of India Limited

CONCOR

500

250

25

Crompton Greaves Ltd.

CROMPGREAV

2000

1000

26

Cummins India Ltd

CUMMINSIND

1900

950

27

Deccan Chronicle Holdings Ltd.

DCHL

6800

3400

28

Dena Bank

DENABANK

10500

5250

29

Dlf Limited

DLF

1600

800

30

Dr. Reddy'S Laboratories Ltd.

DRREDDY

800

400

31

Educomp Solutions Ltd

EDUCOMP

150

75

32

Essar Oil Ltd.

ESSAROIL

2824

1412

33

Federal Bank Ltd.

FEDERALBNK

1702

851

34

Firstsource Solutions Limited

FSL

19000

9500

35

Grasim Industries Ltd.

GRASIM

352

176

36

Gtl Infrastructure Limited

GTLINFRA

9700

4850

37

Gtl Ltd.

GTL

1500

750

38

Gujarat State Petronet Limited

GSPL

12200

6100

39

Hcl Technologies Ltd.

HCLTECH

2600

1300

40

Hdfc Bank Ltd.

HDFCBANK

400

200

41

Hero Honda Motors Ltd.

HEROHONDA

400

200

42

Hindalco Industries Ltd.

HINDALCO

7036

3518

43

Hindustan Petroleum Corporation Ltd.

HINDPETRO

1300

650

44

Hindustan Zinc Limited

HINDZINC

1000

500

45

Hotel Leela Ventures Ltd

HOTELEELA

15000

7500

46

Icici Bank Ltd.

ICICIBANK

700

350

47

Icsa (India) Limited

ICSA

2400

1200

48

Idea Cellular Ltd.

IDEA

5400

2700

49

Ifci Ltd.

IFCI

15760

7880

50

India Cements Ltd.

INDIACEM

2900

1450

51

India Infoline Limited

INDIAINFO

5000

2500

52

Indiabulls Real Estate Limited

IBREALEST

2600

1300

53

Indian Hotels Co. Ltd.

INDHOTEL

7596

3798

54

Indian Overseas Bank

IOB

5900

2950

55

Indusind Bank Ltd.

INDUSINDBK

7700

3850

56

Industrial Development Bank Of India Ltd.

IDBI

4800

2400

57

Infrastructure Development Finance Company Ltd.

IDFC

5900

2950

58

Ispat Industries Limited

ISPATIND

24900

12450

59

Itc Ltd.

ITC

2250

1125

60

Ivrcl Infrastructure & Projects Ltd.

IVRCLINFRA

2000

1000

61

Jindal Steel & Power Ltd

JINDALSTEL

320

160

62

Kingfisher Airlines Limited

KFA

8500

4250

63

Kotak Mahindra Bank Ltd.

KOTAKBANK

1100

550

64

Larsen & Toubro Ltd.

LT

400

200

65

Mangalore Refinery And Petrochemicals Ltd.

MRPL

8900

4450

66

Mercator Lines Limited

MLL

9800

4900

67

Moser-Baer (I) Ltd

MOSERBAER

4950

2475

68

Mphasis Ltd.

MPHASIS

1600

800

69

Nagarjuna Constrn. Co. Ltd.

NAGARCONST

4000

2000

70

Noida Toll Bridge Company Ltd

NOIDATOLL

16400

8200

71

Oil & Natural Gas Corp. Ltd.

ONGC

450

225

72

Opto Circuits (India) Limited

OPTOCIRCUI

4080

2040

73

Oracle Financial Services Software Limited

OFSS

600

300

74

Orchid Chemicals Ltd.

ORCHIDCHEM

4200

2100

75

Oriental Bank Of Commerce

ORIENTBANK

2400

1200

76

Pantaloon Retail (I) Ltd

PANTALOONR

1700

850

77

Patel Engineering Ltd.

PATELENG

2000

1000

78

Patni Computer Syst Ltd

PATNI

2600

1300

79

Petronet Lng Limited

PETRONET

8800

4400

80

Polaris Software Lab Ltd.

POLARIS

5600

2800

81

Power Finance Corporation Ltd.

PFC

2400

1200

82

Power Grid Corporation Of India Ltd.

POWERGRID

3850

1925

83

Praj Industries Ltd.

PRAJIND

4400

2200

84

Ptc India Limited

PTC

4700

2350

85

Punjab National Bank

PNB

600

300

86

Ranbaxy Laboratories Ltd.

RANBAXY

1600

800

87

Rel. Nat. Resources Ltd.

RNRL

7152

3576

88

Reliance Capital Ltd

RELCAPITAL

552

276

89

Reliance Communications Ltd.

RCOM

1400

700

90

Reliance Industries Ltd.

RELIANCE

300

150

91

Reliance Infrastructure Limited

RELINFRA

552

276

92

Reliance Petroleum Ltd.

RPL

3350

1675

93

Rural Electrification Corporation Ltd.

RECLTD

3900

1950

94

Sesa Goa Ltd.

SESAGOA

3000

1500

95

Shipping Corporation Of India Ltd.

SCI

4800

2400

96

Shree Renuka Sugars Ltd.

RENUKA

5000

2500

97

Siemens Ltd

SIEMENS

1504

752

98

State Bank Of India

SBIN

264

132

99

Sterlite Industries (I) Ltd

STER

876

438

100

Sun Tv Network Ltd.

SUNTV

2000

1000

101

Suzlon Energy Ltd.

SUZLON

6000

3000

102

Tata Chemicals Ltd

TATACHEM

2700

1350

103

Tata Communications Ltd

TATACOMM

1050

525

104

Tata Motors Ltd.

TATAMOTORS

1700

850

105

Tata Power Co. Ltd.

TATAPOWER

400

200

106

Tata Steel Ltd.

TATASTEEL

1528

764

107

Tech Mahindra Limited

TECHM

1200

600

108

Television Eighteen India Ltd.

TV-18

3400

1700

109

The Great Eastern Shipping Co. Ltd.

GESHIP

2400

1200

110

Titan Industries Ltd.

TITAN

412

206

111

Triveni Engg. & Inds. Ltd.

TRIVENI

7700

3850

112

Tulip It Services Ltd

TULIP

1000

500

113

Uco Bank

UCOBANK

10000

5000

114

Ultratech Cement Ltd.

ULTRACEMCO

800

400

115

Union Bank Of India

UNIONBANK

2100

1050

116

Unitech Ltd

UNITECH

9000

4500

117

United Phosphorous Ltd

UNIPHOS

2800

1400

118

Voltas Ltd.

VOLTAS

5400

2700

119

Welspun Guj St. Ro. Ltd.

WELGUJ

3200

1600

120

Wipro Ltd.

WIPRO

1200

600

121

Yes Bank Limited

YESBANK

4400

2200

122

Zee Entertainment Enterprises Ltd.

ZEEL

2800

1400

Annexure-3

List of underlying in which market lot is being revised downwards and rounded off to nearest even integer:

Sr No

Underlying

Symbol

Present Market Lot

Revised market Lot

1

JSW Steel Limited

JSWSTEEL

1650

412

2

Lanco Infratech Limited

LITL

2550

638

Annexure-4

List of underlying in which market lot is being revised upwards:

Sr No

Underlying

Symbol

Present Market Lot

Revised market Lot

1

Sterling Biotech Limited

STERLINBIO

1250

2500



SOURCE:NSEINDIA

http://www.nseindia.com/content/circulars/faop12491.htm