Wednesday, May 27, 2015

END SESSION ( 26 / 05 )

Sensex, Nifty hit 1-1/2-week closing low
Cement and oil stocks led modest losses for key benchmark indices. The barometer index, the S&P BSE Sensex, and the CNX Nifty, both, hit 1-1/2-week closing low. The market breadth indicating the overall health of the market was negative. The Sensex fell 112.47 points or 0.41% to settle at 27,531.41. In overseas markets, European shares edged lower as fears lingered about the Greek debt situation.
Shares of power equipment major Bharat Heavy Electricals (Bhel) surged after the company reported strong results on sequential basis in Q4 March 2015 at the fag end of trading session. Index heavyweight and cigarette major ITC edged lower. Another index heavyweight and housing finance major HDFC also declined. Shares of public sector oil marketing companies (PSU OMCs) declined. Shares of oil Exploration & Production (E&P) companies also edged lower.
After extending losses in mid-afternoon trade, key benchmark indices trimmed losses in late trade after Bhel reported strong results on sequential basis in Q4 March 2015 at the fag end of the trading session.
Meanwhile, Reserve Bank of India (RBI) Governor Dr. Raghuram G. Rajan yesterday, 25 May 2015, said that while India's macro economic parameters have improved, growth was still slow in picking up. Finance Minister Arun Jaitley yesterday, 25 May 2015, said India has to bring the tax rate to global level while at the same time remove the exemptions.
Meanwhile, after the completion of one year in office, the Narendra Modi government has hit pause on labour reforms. The Ministry of Labour & Employment today, 26 May 2015, announced that the government has decided to constitute an inter ministerial committee to hold threadbare discussions with representatives of Central Trade Unions on 10 point charter of demands and other issues being raised by them and for recommending measures to address those issues.
Indian stocks may remain volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month May 2015 series to June 2015 series. The near month May 2015 F&O contracts expire on Thursday, 28 May 2015.
Foreign portfolio investors (FPIs) bought shares worth Rs 2.81 crore from the secondary equity market yesterday, 25 May 2015, as per data from Central Depository Services (India). Domestic institutional investors (DIIs) bought shares worth a net Rs 0.17 crore yesterday, 25 May 2015, as per provisional data released by the stock exchanges.
In overseas markets, European shares edged lower as fears lingered about the Greek debt situation. Chinese stocks led gains in Asian markets.
The S&P BSE Sensex fell 112.47 points or 0.41% to settle at 27,531.41, its lowest level since 15 May 2015. The index lost 170.34 points at the day's low of 27,473.54 in late trade. The index rose 32.06 points at the day's high of 27,675.94 in early trade.
The Nifty fell 30.90 points or 0.37% to settle at 8,339.35, its lowest level since 15 May 2015. The index hit a low of 8,320.05 in intraday trade. The index hit a high of 8,378.90 in intraday trade.
The BSE Mid-Cap index fell 1.15 points or 0.01% to settle at 10,609.96. The BSE Small-Cap index shed 17.73 points or 0.16% to settle at 11,165.65. The decline in both these indices was lower than the Sensex's decline in percentage terms.
The market breadth indicating the overall health of the market was negative. On BSE, 1,497 shares fell and 1,157 shares rose. A total of 127 shares were unchanged.
The total turnover on BSE amounted to Rs 2335 crore, higher than turnover of Rs 1974.89 crore registered during the previous trading session.
Among sectoral indices on BSE, S&P BSE FMCG index (down 0.54%), the S&P BSE Realty index (down 0.86%) and the S&P BSE Oil & Gas index (down 1.03%) underperformed the Sensex. The S&P BSE Bankex index (up 0.08%), the S&P BSE Power index (up 0.02%), the S&P BSE Metal index (down 0.05%), the S&P BSE Consumer Durables index (down 0.08%), the S&P BSE Capital Goods index (down 0.13%), the S&P BSE Teck index (down 0.14%), the S&P BSE Auto index (down 0.28%), the S&P BSE IT index (down 0.35%) and the S&P BSE Healthcare index (down 0.4%), outperformed the Sensex.
Tech Mahindra fell 1.18% to Rs 640.55. The stock hit a high of Rs 653.80 and low of Rs 630 in intraday trade. The company's consolidated net profit before special adjustment related to Mahindra Engineering Services (MESL) fell 39.23% to Rs 472 crore on 6.33% increase in revenue from services to Rs 6116.80 crore in Q4 March 2015 over Q3 December 2014. The result was announced after market hours today, 26 May 2015. The results are not comparable. The Q4 March 2015 results include the results of Lightbridge Communications Corporation (LCC), USA and SOFGEN Holdings (SOFGEN) which were acquired as 100% subsidiary effective from 2 January 2015 and 14 March 2015 respectively.
Tech Mahindra's earnings before interest, taxation, depreciation and amortization (EBITDA) fell 19.95% to Rs 928.60 crore in Q4 March 2015 over Q3 December 2014.
Tata Motors fell 1.60% to Rs 497.10. The stock hit a high of Rs 505.50 and low of Rs 493.70 in intraday trade. The company's consolidated net profit fell 56.19% to Rs 1716.50 crore on 3.43% increase in total income to Rs 67821.21 crore in Q4 March 2015 over Q4 March 2014. The result was announced after market hours today, 26 May 2015.
Tata Motors said its profit before tax (PBT) declined sharply to Rs 2771 crore in Q4 March 2015 from Rs 5053 crore in Q4 March 2014 due to higher depreciation and amortization and adverse mark to market of un-matured hedges not eligible for hedge accounting. The company attributed the small increase in revenue in Q4 March 2015 to increase in wholesale volumes and richer product mix both in the standalone business and Jaguar Land Rover (JLR).
JLR's profit after tax declined to GBP 302 million in Q4 March 2015 from GBP 449 million in Q4 March 2014. JLR's profit before tax (PBT) fell 31.3% to GBP 396 million in Q4 March 2015 over Q4 March 2014. The sharp decline in PBT was due to higher depreciation and amortization and unfavourable revaluation of foreign currency debt and unrealised hedges that are not eligible for hedge accounting treatment. JLR's revenue rose 8.9% to GBP 5,826 million in Q4 March 2015 over Q4 March 2014. JLR's earnings before interest, taxation, depreciation and amortization (EBITDA) rose 10.4% to GBP 1,016 million in Q4 March 2015 over Q4 March 2014.
On standalone basis, Tata Motors reported net loss of Rs 1164.25 crore for Q4 March 2015, which was sharply higher than net loss of Rs 816.61 crore in Q4 March 2014. Revenue (net of excise) jumped 26.2% to Rs 10784 crore in Q4 March 2015 over Q4 March 2014. EBITDA stood at Rs 299 crore in Q4 March 2015 as against negative EBITDA of Rs 528 crore in Q4 March 2014.
Tata Motors said that considering the continued weak operating environment in the standalone business and in view of the losses for the year, no dividend is permitted to be paid to the shareholders of the company for the year ended 31 March 2015 (FY 2015) as per the Companies (Declaration and Payment of Dividend) Rules, 2014.
Bharat Heavy Electricals (Bhel) surged after the company reported strong results on sequential basis in Q4 March 2015 at the fag end of trading session today, 26 May 2015. The stock rose 2.88% at Rs 241. The stock hit a high of Rs 246.55 and a low of Rs 230.10 in intraday trade. Bhel's net profit jumped 317.85% to Rs 888.35 crore on 104.68% growth in total income from operations to Rs 12686.03 crore in Q4 March 2015 over Q3 December 2014. Net profit plunged 51.84% to Rs 888.35 crore on 15.6% decline in total income from operations to Rs 12686.03 crore in Q4 March 2015 over Q4 March 2014.
Cement stocks declined. Ambuja Cements (down 2.55 %), UltraTech Cement (down 0.78%) and ACC (down 0.96%) edged lower. Shree Cement (up 0.62%) edged higher.
Grasim Industries rose 0.08% at Rs 3,569.85. Grasim has exposure to cement sector through its subsidiary UltraTech Cement.
Shares of public sector oil marketing companies (PSU OMCs) declined. BPCL (down 1.34%), HPCL (down 0.82%) and Indian Oil Corporation (down 0.44%) edged lower.
Shares of oil exploration & production companies also edged lower. Reliance Industries (down 1.07%), Cairn India (down 1.21%) and Oil India (down 0.78%) edged lower.
ONGC was off 2.05% at Rs 322.55. The stock hit a high of Rs 330.30 and a low of Rs 321.55 in intraday trade. ONGC's wholly owned subsidiary ONGC Videsh's net profit fell 57.16% to Rs 1904 crore on 14.63% decline in gross revenue to Rs 18491 crore in the year ended 31 March 2015 (FY 2015) over the year ended 31 March 2014 (FY 2014). The result was announced after market hours yesterday, 25 May 2015. ONGC Videsh attributed the decline in net profit in FY 2015 to lower oil prices, higher financing cost including exchange loss, higher depletion charge and impairment provision in one of the assets.
Index heavyweight and cigarette major ITC edged lower. The stock fell 1.05% at Rs 314.30. The stock hit a high of Rs 318.50 and a low of Rs 312.95 in intraday trade.
Another index heavyweight and housing finance major HDFC declined. The stock fell 1.03% at Rs 1,239.95. The stock hit a high of Rs 1,260 and a low of Rs 1,234 in intraday trade.
PSU bank stocks declined. IDBI Bank (down 1.84%), Punjab and Sind Bank (down 1.42%), United Bank of India (down 1.2%), Canara Bank (down 1.13%), Vijaya Bank (down 0.88%), Allahabad Bank (down 0.79%), Bank of India (down 0.79%), Dena Bank (down 0.73%), Syndicate Bank (down 0.69%), Indian Bank (down 0.66%), Bank of Maharashtra (down 0.65%), Andhra Bank (down 0.52%), Punjab National Bank (down 0.46%), UCO Bank (down 0.42%), State Bank of India (down 0.16%) and Union Bank of India (down 0.12%), edged lower. Central Bank of India (up 0.09%), Corporation Bank (up 0.09%) and Bank of Baroda (up 1.04%), edged higher.
Private banks were mostly higher. Yes Bank (up 0.97%), Axis Bank (up 0.54%), Kotak Mahindra Bank (up 0.54%), HDFC Bank (up 0.28%) and Federal Bank (up 0.07%), edged higher. IndusInd Bank (down 0.12%), ICICI Bank (down 0.7%) and City Union Bank (down 2.67%), edged lower.
Key benchmark indices edged lower for the second day in a row today, 26 May 2015. The Sensex has fallen 426.09 points or 1.52% in past two trading sessions from a recent high of 27,957.50 on 22 May 2015. The Sensex has risen 520.10 points or 1.93% in this month so far (till 26 May 2015). The Sensex has gained 31.99 points or 0.12% in this calendar year so far (till 26 May 2015). From a 52-week low of 24,163.62 on 30 May 2014, the Sensex has risen 3,367.79 points or 13.94%. The Sensex is off 2,493.33 points or 8.30% from a record high of 30,024.74 hit on 4 March 2015.
Meanwhile, after the completion of one year in office, the Narendra Modi government has hit pause on labour reforms. The Ministry of Labour & Employment today, 26 May 2015, announced that the government has decided to constitute an inter ministerial committee to hold threadbare discussions with representatives of Central Trade Unions on 10 point charter of demands and other issues being raised by them and for recommending measures to address those issues.
Meanwhile, Reserve Bank of India (RBI) Governor Dr. Raghuram G. Rajan yesterday, 25 May 2015, said that while India's macro economic parameters have improved, growth was still slow in picking up. Rajan stated this in Mumbai while inaugurating the Conference of the Chief Secretaries/Finance Secretaries and select Cooperative Secretaries of States. Emphasising the importance of fiscal consolidation in terms of both quantitative and qualitative dimensions, he added that the state governments would have a critical role in improving the consolidated fiscal performance of the government sector as a whole. He highlighted the need for improvement in governance structure, capitalisation and resolution mechanism in the cooperative banking sector which plays a crucial role in credit flow to disadvantaged groups, especially in rural areas.
Meanwhile, Finance Minister Arun Jaitley yesterday, 25 May 2015, said India has to bring the tax rate to global level while at the same time remove the exemptions. The Finance Minister stated this in his key note address after inaugurating the Thirty First Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax in New Delhi. He said that the honest tax payers should not be afraid of the Black Money Bill recently passed by the Parliament as it is targeted against those who have stalked their illegal assets abroad. He said that parallel economy has to be squeezed in a free and transparent manner.
In overseas markets, European shares edged lower today, 26 May 2015, as fears lingered about the Greek debt situation. Key benchmark indices in Germany and UK were off 0.29% to 0.46%. France's CAC 40 was up 0.27%
A Greek government spokesman reportedly said yesterday, 25 May 2015, that Greece intends to keep repaying its debt. His comments came after Interior Minister Nikos Voutsis on Sunday, 24 May 2015, warned that the government won't have the money it is due to repay the International Monetary Fund (IMF) next month unless it strikes a deal with international creditors over further rescue funding. Greece is scheduled to repay euro 1.6 billion ($1.76 billion) to the IMF between 5 June and 19 June 2015.
Meanwhile, Greece's Prime Minister Alexis Tsipras is reportedly facing dissent within his left-wing Syriza party against the economic policies Greece may have to agree to if it wants bailout money from the IMF and other creditors.
Asian stocks edged higher today, 26 May 2015. Key indices in Japan, Taiwan, Singapore, and Indonesia were up 0.05% to 0.62%. South Korea's Seoul Composite was down 0.12%.
Hong Kong stocks edged higher, catching up with gains in Shanghai yesterday, 25 May 2015, when the Hong Kong market was closed for holiday. The Hang Seng Index rose 0.92%. In mainland China, the Shanghai Composite Index crept higher in choppy trading. The index jumped 2.02%. The Shanghai Composite Index had jumped 3.4% yesterday, 25 May 2015, bolstered by news that China plans to launch in July a mutual-fund recognition program between Hong Kong and mainland China, which will allow cross-border sales of funds between the two markets. Meanwhile, markets also got a boost from a state media report yesterday, 25 May 2015, which said China has developed a plan to reform the national pension fund system, allowing possibly hundreds of billions of dollars from the fund to invest in domestic stock markets.
The US stock market was closed yesterday, 25 May 2015, for the Memorial Day Holiday.
Federal Reserve Vice Chairman Stanley Fischer said yesterday, 25 May 2015, that the central bank expects to follow a gradual and relatively slow trajectory of short-term interest-rate increases over the next three to four years to bring borrowing costs back to normal levels. Fischer said observers focus too much on when the Fed will start raising its benchmark short-term rate from near zero, and instead should think more about where interest rates are headed over time. He said Fed economists expect the rate will reach from 3.25% to 4% in three to four years.
Fischer said the coming Fed rate increases will be a gradual process. He said it would not be like the relatively rapid and predictable path of Fed rate increases from 2004 to 2006, when the benchmark rate rose by 0.25 percentage point at each of 11 consecutive monetary policy meetings. His comments echoed those of Fed Chairwoman Janet Yellen, who said last week that US central bank is on track to raise interest rates this year but will likely proceed cautiously because the job market hasn't fully healed, inflation is low and growth has again disappointed.A

FOREIGN MARKET

Asia Pacific Market: Stocks gain on China steps to boost infrastructure projects
Asia Pacific shares turned mostly higher on Tuesday, 26 May 2015, on tracking rally in Hong Kong and China, after Beijing announced an array of infrastructure projects as open to private investment and slashing tariffs on imported clothing and other consumer goods. Investors lacked other cues, with markets in London and the U.S. closed for holidays on Monday.
China's top economic planner has joined in the promotion of the Public-Private-Partnership model (PPP). China's National Development and Reform Commission (NDRC) released a list of 1043 proposed PPP projects totaling RMB1.97 trillion (US$317.75 billion), and is inviting private capital to participate. The proposed projects are in the transport, water conservancy, natural resources, and public services sectors. China is increasingly turning to PPP to fund projects that were previously funded by local government off-balance sheet borrowings. The government also announced it would halve import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending and economic growth.
But, gains on the regional bourses were limited on concerns about the prospect of a Greek default and ahead of key US economic data. Concern about the prospect of a Greek default renewed after the Athens has warned that the country would be unable to make a 305 million euro payment to the International Monetary Fund due on June 5 if a cash-for-reforms deal with its international lenders is not reached by then. Investors are watching closely for any new developments in talks between Greece and its international creditors over unlocking bailout funds, with no deal in sight and 1.6 billion euro of payment due to the IMF between June 5 and June 19.
A series of US economic data scheduled to release this week such as durable goods orders and consumer confidence both due on Tuesday, and revised first-quarter economic growth due on Friday.
Among Asian bourses
Australia market gains 0.9%; bank, miner leads rally
The Australian share market finished higher for fourth straight session, on the back of strong performance by materials and big four banks following months of selling and as a rebound in iron ore prices. The benchmark S&P/ASX 200 Index advanced 51.90 points, or 0.91%, to 5773.40, while the broader All Ordinaries Index rose 50.50 points, or 0.88%, to 5770.40.
Shares of mining and energy companies closed higher. Fortescue Metals Group (FMG) led the mining stocks rally, with gain of 10.6% to A$2.40 on the back of speculation Chinese investors are interested in buying a stake in the company. Rio Tinto and BHP Billiton both closed 1.2% up at A$58.29 and A$29.82, respectively. AGL Energy jumped 6.4% to close at an eight-year high A$16.47 after the company said it's targeting about A$1 billion in asset sales and A$200 million of cost cuts by the end of 2016-17.
Aristocrat Leisure stocks zoomed 6.5% to A$8.38 after posted a 35% profit growth in the first half of the 2015 financial year. Aristocrat Leisure said its first-half net profit jumped 35% to A$77.6 million on the back of 73% jump in revenue to A$699.2 million, on the back of strong growth in its US business after last year's A$1.3 billion purchase of Video Gaming Technologies and a surge in revenue from its fast-growing digital unit.
Nikkei holds at 15-years high on weaker yen
Japanese share market closed the session with firm footing, on the back of yen depreciation to 122-level against the greenback. But, concerns about the prospect of a Greek default and ahead of key US economic data limited the gains. The Nikkei Stock Average ended up 0.12%, or 23.71 points, to 20437.48, extending a 15-year high. The Topix index of all Tokyo Stock Exchange First Section issues advanced 0.03%, or 0.42 point, to 1659.57.
Shares of currency sensitive exporters gained as yen depreciated to 122 level against the US dollar. A weak yen is positive for Japanese exporters as it makes them more competitive abroad and inflates profits when repatriated. Fast Retailing gained 0.4% and Secom added 1.0%. Tokyo Electron rose 1.9%, Kyocera added 0.8%, and Yamaha Corp. gained 2.4%.
Suntory Beverage & Food., which sells PepsiCo Inc. drinks in Asia, slipped 1.7% after saying it will buy Japan Tobacco Inc.'s vending machines for about 150 billion yen. Japan Tobacco Inc. slipped 0.1% to 4694 yen.
AEON Financial Service Co. gained 1.7% as Jefferies LLC upgraded shares of the credit-card provider to hold from underperform.
Oil refiner JX Holdings ended up 2.8% after a Nomura Securities upgrade to buy from neutral, citing favorable conditions amid rising crude-oil prices and a weak yen.
Japan Airlines gained 3.8% after Credit Suisse said the company was "undersold by management and underappreciated by investors," especially with respect to overly conservative revenue assumptions. ANA Holdings also rose 1% after CS lifted its target price to Y380 from Y345.
China market surges to highest level since November 2008
Mainland China share market advanced for sixth straight session, as risk appetite buying sustained after government announced Friday that cross-border sales of funds will begin July 1 and on signs of fresh policy support toward the sector. The Shanghai Composite Index advanced 97.10 points, or 2.02%, to finish at 4910.90 points, taking its six-day rally to 15%. The CSI300 index added 99.42 points, or 1.95%, to 5198.92.
All 10 SSE industry groups ended higher, with tech stocks being top gainer on fresh signs of government support. Shanghai announced an ambitious plan to build the city into a globally competitive technological innovation centre. Defence-related stocks also surged, after Beijing released its white paper on China's military strategy. Banking stocks were sluggish on fears over the sector's asset quality, after China's banking regulator warned of rising credit risk from real estate, local government debt and unconventional forms of finance.
The Ministry of Finance said in a statement yesterday it would lower import taxes for some products starting from June 1 by an average of over 50% as an “important measure to create stable growth and push forward structural reform.” Import tariffs for Western-style clothing will be reduced to between 7-10% from 14-23%, and taxes on ankle-high boots and sports shoes cut in half to 12%, the ministry said. Tariffs on diapers and skincare products will drop to 2% from 7.5% and 5%, respectively. The ministry said lowering duties should steer a shift in consumers' shopping habits, helping boost imports and domestic consumption.
Hong Kong stocks jump on new cross-border investment scheme
The Hong Kong stock market finished solidly higher on heavy volume, catching-up yesterday's rally in the Mainland bourses, after news that China will soon launch a link allowing Hong Kong and mainland asset managers to sell funds to retail investors on either side. The Hang Seng Index ended up 257.03 points or 0.92% to 28249.86, off an intra-day high of 28524.60 and day low of 28237.49. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, added 368.58 points, or 2.55%, to 14801.94 points. Turnover rose to HK$200.16 billion from HK$142.6 billion on last Friday. Hong Kong stock market closed on Monday for holiday.
HK participants were apparently encouraged by a new cross-border investment scheme announced over the weekend that would allow funds domiciled in Hong Kong and China to be sold in each other market starting July 1. The initial quota will be a total 600 billion yuan ($97 billion), split evenly in each direction. Market pundit expects the scheme, called mutual fund recognition, will bring a fresh flood of mainland capital to Hong Kong's market and is a big positive for the city's stocks. China launched the landmark Shanghai-Hong Kong stock connect last November and plans to roll out a similar investment link between Hong Kong and Shenzhen later this year.
Brokerage stocks gained after the launch of the Mainland-HK mutual recognition of funds (MRF) scheme. Haitong Sec (06837) gained 5.39% to HK$25.4 while China Galaxy Securities (06881) put on 3.32% to HK$13.7.
Shares of stock-exchange operator Hong Kong Exchanges and Clearing jumped 5.4% to record high HK$309.40 on hopes that the bourse would benefit from accelerated opening of China's capital markets.
Sensex, Nifty hit lowest level in more than a week
After languishing in negative zone in afternoon trade, key benchmark indices extended losses in mid-afternoon trade. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit their lowest level in more than a week. At 14:15 IST, the S&P BSE Sensex was down 131.51 points or 0.48% at 27,512.37. The Nifty was down 35.65 points or 0.43% at 8,334.60.
Pharma stocks declined. Cement stocks also edged lower. Index heavyweight and cigarette major ITC edged lower. Another index heavyweight and housing finance major HDFC also declined. Dish TV India hit 52-week high after the company during market hours today, 26 May 2015, reported turnaround Q4 March 2015 results.
Meanwhile, Reserve Bank of India (RBI) Governor Dr. Raghuram G. Rajan yesterday, 25 May 2015, said that while India's macro economic parameters have improved, growth was still slow in picking up. Finance Minister Arun Jaitley yesterday, 25 May 2015, said India has to bring the tax rate to global level while at the same time remove the exemptions.
Meanwhile, after the completion of one year in office, the Narendra Modi government has hit pause on labour reforms. The Ministry of Labour & Employment today, 26 May 2015, announced that the government has decided to constitute an inter-ministerial committee to hold threadbare discussions with representatives of Central Trade Unions on 10 point charter of demands and other issues being raised by them and for recommending measures to address those issues.
Foreign portfolio investors bought Indian shares worth a net Rs 74.14 crore yesterday, 25 May 2015, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth net Rs 0.17 crore yesterday, 25 May 2015, as per provisional data released by the stock exchanges.
Elsewhere in the Asia Pacific region: Taiwan's Taiex index grew 0.25% to 9669.41. South Korea's KOSPI fell 0.1% to 2130.30. New Zealand's NZX50 added 0.02% to 5795.86. Singapore's Straits Times index was 0.05% up at 3456.85. Malaysia's KLCI declined 0.2% to 1764.07. Indonesia's Jakarta Composite index added 0.6% to 5320.90.

TOP 50

BSE Sensex on May 26,2015 27531.41 [-112.47]
Prev. Day Close:27643.88 Change:-0.41%
CodeRankCompanyMkt. Cap.EquityFVLast PriceTrd.Value*% of Mkt.Cap*Last traded DateLast traded timeVolume
532540  TCS LTD. 510505.77 195.87 2606.35 7.01 .00 May 26,2015 26914 
500325  RELIANCE 286281.59 3236.10 10 884.65 13.66 .00 May 26,2015 154381 
500312  ONGC CORPN 275957.01 4277.74 322.55 4.12 .00 May 26,2015 127834 
500180  HDFC BANK 257380.65 501.57 1026.30 7.41 .00 May 26,2015 72180 
500875  ITC LTD. 251927.17 801.55 314.30 14.05 .01 May 26,2015 447055 
524715  SUN PHARMA. 239256.32 240.64 994.25 32.20 .01 May 26,2015 323852 
533278  COAL INDIA 236831.92 6316.36 10 374.95 5.25 .00 May 26,2015 140031 
500209  INFOSYS LTD 230764.09 574.24 2009.30 24.06 .01 May 26,2015 119724 
500112  STATE BANK 209772.90 756.62 277.25 38.83 .02 May 26,2015 1400467 
500010 10  HDFC 195360.32 315.11 1239.95 6.61 .00 May 26,2015 53340 
CodeRankCompanyMkt. Cap.EquityFVLast PriceTrd.Value*% of Mkt.Cap*Last traded DateLast traded timeVolume
500696 11  HIND UNI LT 185145.55 216.38 855.65 7.77 .00 May 26,2015 90814 
532174 12  ICICI BANK 179851.59 1160.52 309.95 13.23 .01 May 26,2015 426802 
532454 13  BHARTI ARTL 160235.78 1998.70 400.85 6.51 .00 May 26,2015 162353 
500510 14  LARSEN & TOU 150509.99 186.01 1618.30 21.94 .01 May 26,2015 135545 
500570 15  TATA MOTORS 143522.71 577.44 497.10 45.74 .03 May 26,2015 920176 
532281 16  HCL TECHNO 139588.91 281.16 992.95 3.19 .00 May 26,2015 32117 
507685 17  WIPRO LTD. 137991.24 493.84 558.85 3.31 .00 May 26,2015 59177 
532215 18  AXIS BANK 134177.34 474.88 565.10 19.26 .01 May 26,2015 340770 
500247 19  KOTAK MAH.BK 125846.15 456.08 1379.65 4.84 .00 May 26,2015 35058 
532500 20  MARUTISUZUK 112585.22 151.04 3727.00 10.11 .01 May 26,2015 27135 
CodeRankCompanyMkt. Cap.EquityFVLast PriceTrd.Value*% of Mkt.Cap*Last traded DateLast traded timeVolume
532555 21  NTPC LTD 109334.80 8245.46 10 132.60 1.79 .00 May 26,2015 134963 
534816 22  BH INFRATEL 87741.80 1896.30 10 462.70 11.42 .01 May 26,2015 246795 
512599 23  ADANI ENTER 87197.64 109.98 792.85 15.80 .02 May 26,2015 199270 
530965 24  INDIAN OIL 84237.73 2427.95 10 346.95 .73 .00 May 26,2015 20969 
532538 25  ULTRATECH CM 79828.61 274.41 10 2909.10 4.01 .01 May 26,2015 13771 
500257 26  LUPIN LTD. 78797.98 89.97 1751.65 18.42 .02 May 26,2015 105178 
500520 27  MAH & MAH 78283.44 310.55 1260.40 3.49 .00 May 26,2015 27655 
532898 28  POWER GRID 74811.74 5231.59 10 143.00 1.55 .00 May 26,2015 108425 
500820 29  ASIAN PAINTS 73258.90 95.92 763.75 5.85 .01 May 26,2015 76575 
500188 30  HINDUS.ZI 72949.80 845.06 172.65 .44 .00 May 26,2015 25675 
CodeRankCompanyMkt. Cap.EquityFVLast PriceTrd.Value*% of Mkt.Cap*Last traded DateLast traded timeVolume
500530 31  BOSCH LTD 72546.87 31.40 10 23104.10 1.91 .00 May 26,2015 825 
532921 32  ADANI PORTS 71427.08 414.01 345.05 3.28 .00 May 26,2015 95071 
532977 33  BAJAJ AUTO 67003.62 289.37 10 2315.50 11.69 .02 May 26,2015 50466 
500790 34  NESTLE (I) 65639.36 96.42 10 6807.65 5.26 .01 May 26,2015 7725 
532755 35  TECH MAH 61579.91 480.68 640.55 17.00 .03 May 26,2015 265344 
500124 36  DR.REDDY'S 60426.12 85.19 3546.55 3.55 .01 May 26,2015 9999 
532822 37  IDEA CELL 59747.61 3598.17 10 166.05 2.86 .00 May 26,2015 172119 
500103 38  BHEL 58987.16 489.52 241.00 20.45 .03 May 26,2015 848589 
500295 39  VEDL 57915.41 296.47 195.35 5.54 .01 May 26,2015 283754 
500547 40  BHARAT PET. 56548.47 723.08 10 782.05 4.04 .01 May 26,2015 51657 
CodeRankCompanyMkt. Cap.EquityFVLast PriceTrd.Value*% of Mkt.Cap*Last traded DateLast traded timeVolume
500087 41  CIPLA LTD. 52930.46 160.59 659.20 5.17 .01 May 26,2015 78420 
532432 42  UNITD SPR 52565.13 145.33 10 3616.95 38.03 .07 May 26,2015 105145 
500182 43  HEROMOTOCO 52242.52 39.94 2616.05 4.96 .01 May 26,2015 18964 
505200 44  EICHER MOTOR 51417.27 27.14 10 18945.20 14.13 .03 May 26,2015 7458 
526371 45  NMDC LTD 51382.51 396.47 129.60 11.31 .02 May 26,2015 872501 
532155 46  GAIL (I) LTD 49255.08 1268.48 10 388.30 1.51 .00 May 26,2015 38936 
500550 47  SIEMENS LTD. 48077.06 71.22 1350.10 2.24 .00 May 26,2015 16618 
500096 48  DABUR (I) 47451.17 175.68 270.10 2.38 .01 May 26,2015 88002 
532187 49  INDUSIND BNK 45211.43 529.78 10 853.40 3.43 .01 May 26,2015 40219 
517334 50  MOTHERSON SS 41533.08 88.19 470.95 5.14 .01 May 26,2015 109151 

* During market trading hours, as traded values are not available on a real time basis, an approximation is done. The traded value is calculated as follows, using the last traded price:
Traded Value (Rs. cr) = (Last Price * Volume) /100,00,000 
This value will be updated with the actual figures, once trading closes and end-of-day data is available.