Indian Stock Market Daily Report June 6,2007

TWENTYFIRST CENTURY SHARES AND SECURITIES LTD.
DAILY REPORT June 06, 2007
Anticipating the future
GLOBAL CUES
• Asian stocks rose to a record, led by Japanese trading companies after Daiwa Institute of Research Ltd. recommended investors buy shares in Marubeni Corp.
• The European Central Bank will probably raise its benchmark interest rate to a six-year high today and leave the door open for another increase to keep economic growth from fueling inflation, surveys of economists show.
June5 Stock Market Summary

• Market opened on a positive note, but it lost ground and slipped into the red immediately after opening. After a recovery in the early afternoon, it remained firm through out the trading session. S&P CNX Nifty closed at 4284.65 up by 17.60 points.
• Index Movement :
Index Previous Close Open High Low Close Gain/Loss
S&P CNX Nifty 4267.05 4268.90 4292.50 4249.10 4284.65 17.60
CNX IT 5209.20 5220.40 5265.90 5184.70 5251.55 42.35
CNX Nifty Junior 8069.75 8072.00 8216.55 8042.40 8207.95 138.20
S&P CNX Defty 3649.60 3647.30 3671.65 3628.85 3663.75 14.15
BANK Nifty 6448.85 6441.50 6554.90 6411.25 6533.35 84.50
CNX Midcap 5677.30 5673.60 5700.65 5653.00 5696.65 19.35
S&P CNX 500 3557.20 3558.15 3575.70 3543.00 3571.45 14.25
CNX 100 4160.00 4159.30 4190.75 4144.20 4184.80 24.80

Advances 537 Declines 531 Unchanged 44

• 79 securities have hit their price bands today.
• Top 25 Securities Today :
Securities Prev. Close Close Price % Var. Value (Rs.crs.) Securities Prev. Close Close Price % Var. Value (Rs.crs.)
NITINFIRE 190.00 484.85 - 769.73 SATYAMCOMP 465.95 463.60 -0.50 118.03
INFOSYSTCH 1916.30 1943.20 1.40 345.36 IBREALEST 400.45 391.35 -2.27 114.70
RELIANCE 1741.95 1745.40 0.20 315.06 TATAMOTORS 710.85 710.50 -0.05 106.06
RCOM 508.95 511.60 0.52 273.88 RNRL 34.55 35.95
4.05 105.16
SBIN 1406.40 1436.50 2.14 256.71 UNITECH 562.75 560.05 -0.48 102.49
RELCAPITAL 983.60 1009.85 2.67 205.73 TATASTEEL 638.10 641.70 0.56 97.28
SUZLON 1289.85 1353.70 4.95 175.06 SREINTFIN 94.95 95.75
0.84 93.55
IFCI 46.30 47.45 2.48 158.54 MTNL 162.65 165.90 2.00 89.88
LT 1971.85 1944.75 -1.37 156.33 MIC 373.20 369.90 -0.88 85.26
PUNJLLOYD 216.85 235.15 8.44 152.22 CINEMAX 154.30 168.10 8.94 84.79
ICICIBANK 933.35 939.05 0.61 150.67 NIITLTD 912.15 990.85 8.63 84.14
RPL 97.35 101.60 4.37 145.73 SAIL 138.80 138.95 0.11 82.01
IDBI 98.70 104.15 5.52 141.74

• Top Five S&P CNX Nifty Gainers / Losers :
Gainers Close Price Prev. Close % Change Losers Close Price Prev. Close % Change
SUZLON 1353.70 1289.85 4.95 HINDPETRO 277.25 285.05 -2.74
RPL 101.60 97.35 4.37 ITC 161.85 164.90 -1.85
VSNL 479.25 464.00 3.29 BPCL 349.90 355.60 -1.60
SBIN 1436.50 1406.40 2.14 LT 1944.75 1971.85 -1.37
MTNL 165.90 162.65 2.00 GUJAMBCEM 112.35 113.85 -1.32




Politics & Economy:
• India has informed the WTO that it making efforts to resolve the disputes with US over high rates of duties on wines and spirits. (BS)
• In a move to check short-term inflow of foreign funds, RBI has suggested to the government to impose a 3-year lock in for FII allotments. (ET)
• The BOA has given nod to 26 SEZ proposals. (BS)
• According to a FICCI report rising rupee has reduced exports by 12%. (BS)



Industry& Company:

• UK-based private equity major Apax Partners is learnt to be interested in picking a controlling stake in Patni Computers Systems for over $800 million. (ET)
• Aurobindo Pharmaceuticals on Tuesday said it has got USFDA approval for its Ciprofloxacin tablets in 250mg, 500mg and 750mg strengths. (ET)
• DLF has ermarket around Rest. 4000 crores for projects in Bangalore. (ET)
• Rain commodities has declared a 35% dividend for the Fiscal FY07. (BL)
• Tata motors is planning to cut production at its Pune plant in anticipation that higher interest rates may force transport companies to postpone or drop purchase plans. (ET)
• GMR Energy has announced that it plans to set up a 1000-MW coal based power pant in Chhattisgarh. (BS)
• Amtek Auto has acquired UK-based auto ancillary company for an undisclosed sum. (BS)
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"The worst decisions, in life and markets, come from extremes: overconfidence and a lack of confidence." ~ Dr. Brett Steenbarger
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Analyst: Gangineni Dhananjhay

Twentyfirst Century Shares and Securities Limited
Ground Floor, Kamadhenu Complex, Rockdale Compound, Somajiguda
Hyderabad – 500082
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