Introduction of F&O contracts on 39 additional securities

With reference to circulars no NSE/F&O/0014/2001 dated June 29, 2001, NSE/F&O/0027/2001 dated November 07, 2001, SEBI circular SMDRP/DNPD/CIR -26/2004/07/16 dated July 16, 2004, and approval received from SEBI, members are hereby notified that the following 39 additional securities will be available for trading in F&O with effect from August 21, 2008 Sr No Symbol Security Name 1 ABGSHIP ABG SHIPYARD LTD 2 AKRUTI AKRUTI CITY LIMITED 3 ASIANPAINT ASIAN PAINTS LIMITED 4 BALAJITELE BALAJI TELEFILMS LIMITED. 5 CONCOR CONTAINER CORP OF IND LTD 6 COREPROTEC CORE PROJ. & TECH. LTD. 7 DCHL DECCAN CHRONICLE HOLD LTD 8 DISHTV DISH TV INDIA LTD. 9 EVERONN EVERONN SYSTEMS IND. LTD 10 FSL FIRSTSOURCE SOLU. LTD. 11 GSPL GUJARAT STATE PETRO LTD 12 GTLINFRA GTL INFRA.LTD 13 GVKPIL GVK POW. & INFRA LTD. 14 HCL-INSYS HCL INFOSYSTEMS LTD 15 IBREALEST INDIABULLS REAL EST. LTD 16 ICSA ICSA (INDIA) LIMITED 17 KLGSYSTEL KLG SYSTEL LTD. 18 KSOILS K S OILS LIMITED 19 MIC MIC ELECTRONICS LIMITED 20 MINDTREE MINDTREE LIMITED 21 MLL MERCATOR LINES LIMITED 22 MONNETISPA MONNET ISPAT LTD 23 MRF MRF LTD 24 NBVENTURES NAVA BHARAT VENTURES LIMI 25 NOIDATOLL NOIDA TOLL BRIDGE CO LTD 26 OPTOCIRCUI OPTO CIRCUITS (I) LTD. 27 ORBITCORP ORBIT CORP. LTD. 28 PRISMCEM PRISM CEMENTS LTD 29 PTC PTC INDIA LIMITED 30 RIIL RELIANCE INDUSTRIAL INFRASTRUCTU LTD 31 SINTEX SINTEX INDUSTRIES LTD 32 SREINTFIN SREI INFRASTRUCTURE FINAN 33 THERMAX THERMAX LTD 34 TORNTPOWER TORRENT POWER LTD 35 TV-18 TV18 INDIA LIMITED 36 UCOBANK UCO BANK 37 UTVSOF UTV SOFT. COMM. LTD. 38 VOLTAMP VOLTAMP TRANSFORMERS LTD 39 WALCHANNAG WALCHANDNAGAR INDUSTRIES

Tech View NIFTY

The Indian market saw smart recovery after the initial dip and close in green zone. Nifty had bounces from the lower trend line 4461and close above 4500 levels. For the coming session if nifty able to cross 4583 we can see rally up to 4638-4680 zone .On the lower side 4460 will act as support zone breaking below channel trend line can witness some selling pressure.

WEEKLY PIVOTS

PIVOTS NIFTY FUT;4513

SUPPORT : 4454 - 4396 - 4320

RESIS: 4588 -4660-4722 -4780

ऐसी ख़बर है.........

* A big dent in Ranbaxy’s share price is on the cards. However much the CMD assures about the Daiichi deal, it may be jettisoned by the latter. * CNG is the in thing as most small cars have it as an inbuilt option to petrol or diesel. It is said that M&M’s Bolero and Scorpio shall have a CNG kit. * Siemens, BHEL and ABB will be the beneficiaries of the nuclear power generation projects, which shall come through after the confidence motion. * Reliance Mutual Fund is picking up BHEL in bulk for its different equity investment schemes as it sees an early rise to Rs.2300. * The dip in oil is temporary as crude may cross $150 mark soon. If that happens gold shall touch Rs.14,500 to Rs.15,000 per 10 gm. * Exit Selan Exploration as once crude oil price corrects, this scrip will tumble down to Rs.175-180 levels. Shift to SEAMEC instead. * Panoramic Universal has shot up smartly even though other mid caps continue to fall. Exit this stock as the management is not reliable. * Repro India has come out with excellent Q1FY09 results. The scrip may continue its upward movement in the coming week as well. * Like Mastek, ANG, DLF earlier, Jindal Polyfilms has announced to buy-back its shares up to Rs.350 per share and its share price shot up from Rs.180 to Rs.250 within a week. Is a buy-back announcement good enough for any management to boost the share price? * Royal Orchid Hotels has declared Rs.6 as dividend, which gives a yield of 7% at CMP. Scrip goes ex-dividend on 23rd July. After that the scrip may see some selling pressure. * Many small cap companies are available at P/E level of 3. Decolight Ceramics is available at a P/E of 2.5. * Parsvanath Developers has over 200 million sq. ft. area under development for various projects. Share has fallen dramatically and is considered a decent bet at the current level. * Karuturi Global is witnessing stable buying at current levels in anticipation of rapid growth. However, the share is fully priced and future investment should be based on its Q1 results. * Rainfall in Kerala has been muted, which may dampen the spirits of Indsil Electrosmelts, which derives major profit from hydro-electric power generation. * Southern Online Biotechnologies has initiated the process to get carbon credits and list the demerged Southern Online Services.

ख़बर है कि.....

* The market cap of Bombay Oxygen, a debt-free company is Rs.115 cr., which is less than its FY08 net profit of Rs.159 cr. In February 2008, it has sold only the development right of its Mulund property to HDIL for Rs.200 cr. Don’t miss this golden opportunity. * Volumes in Rama Paper suggest that some big game is being planned in this counter. Keep a close watch. Once the scrip closes above Rs.28-30 resistance level with good volumes, just buy it. * After consolidating for quite some time, Bhagyanagar India seems to have bottomed out and is poised for a sharp breakout in coming days. * Macmillan India has embarked on a restructuring exercise. The company has publishing and InfoTech arms as subsidiaries/group companies and real estate in many cities. What is in store for shareholders? * Micro Forge is witnessing substantial volumes its near 52-week low levels. The company's earnings are good and valuations are attractive. But rising input costs are a cause for concern. * Cairn India may be the largest beneficiary of the boom in crude oil. * XL Telecom & Energy is a performer and in a sector that is evergreen. * Logistics is the segment to look at when the country is moving. Look out for All Cargo Global, Gateway Distriparks, Container Corporation & BALAJI SHIPPING AND LOGISTICS LTD(not listed but shares available with us.)* * Ennore Coke Ltd. is expected to start heating of its plant from around 1st June and production will start thereafter.

KGN scrip moves from Rs 100 to Rs 55,000

All in a day: KGN scrip moves from Rs 100 to Rs 55,000 AHMEDABAD: An Ahmedabad-based company had an unbelievable run on the Bombay Stock Exchange upon re-listing on Wednesday, shooting from Rs 100 to Rs 55,000 during early trade, breaking the record of MMTC which is the most expensive scrip on the bourses at Rs 27,050. The stock of KGN Industries, which is headquartered off C G Road, closed at Rs 15,001 on rather thin volumes of 827 shares, but not before creating history of sorts and also trading being suspended on the bourse after nearly two-and-half hours of trading. Since it was the day of re-listing, as per current rules no circuit-breakers were in place, allowing the stock a free run to find its level on the day of its re-admission for trading. However, since the bourse officials found that orders were being placed at unrealistic prices, the trading in the scrip was suspended at 12.20 pm, as a proactive surveillance measure, BSE said in a release. KGN Industries used to be known as Royal Finance till it was de-listed in February 2001 when the last traded price was just Rs 11. In the release, BSE, acknowledging the unusual trading in the KGN stock, said it had already started an investigation to examine the orders which were placed at unrealistic prices and added that "appropriate action, if any, will be initiated against the concerned entities." KGN Inds scrip is under the trade to trade category of BSE. This means every trade, buying and seeling, has to result into payment of cash (for buying) and delivery of shares (for selling). No netting of trades is permitted for stocks in the trade to trade category. The closing price of Rs 5,216.30 has been arrived as per the existing methodology but taking into consideration the entire trading duration, the BSE release said. A few years ago, the company surrendered its licence as a non-banking finance company (NBFC) to the Reserve Bank of India and the promoter, Aris Menon, got into castor-oil trading business. The company's name was changed to KGN Industries in 2007 and it did a rather fiery relisting on Wednesday which analysts found completely baffling. "We will advise investors to stay away till the fundamentals of the company are properly scrutinised," said an analyst. While his staff said that Menon, the company's managing director, was travelling abroad, one company official said KGN Industries had only about 15 employees and a net profit of Rs 1.25 crore from a turnover of Rs 250 crore.