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October 1, 2008
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On positive cues from the US markets, the Asian markets too have opened positive today. Banking and financial stocks have led the rally. Japanese business sentiment survey turned negative for the first time in five years, indicating the Japanese economy may be in a recession. The Nikkei is in positive territory today even in a highly volatile session, partly due to the ban on short sales. Markets in China, Hong Kong, Indonesia, Malaysia, Singapore, the Philippines and Pakistan are closed today for public holidays.
read more here
http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_20081001/
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September 30, 2008
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After the overnight blood bath in the US markets, Asian markets have opened weak this morning. However, after the initial weakness they have recovered to some extent. Back home, India has signed a nuclear deal with France. However, the nuclear deal with the US is still in the pipeline. No major events are expected today. We may see initial weakness in the markets; however we expect a recovery, as markets seem to be oversold.
read more here
http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_20080930/
Indian stock market morning report by Keynote Capitals (September 30, 2008, Tuesday, 6.00 a.m. GMT)
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September 26, 2008
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The Asian markets opened weak this morning due to uncertainty over the US Government’s $700bn rescue plan for the financial sector. Back home, the markets will await the announcements of inflation and business confidence index (BCI). Inflation has remained steady at 12.14%, though it is still very high compared to RBI’s target of 5.5%. The BCI data released by National Council of Applied Economic Research (NCAER), shows signs of slowing economy. BCI has dipped sharply from 148.7 in June 2008 to 125.8 in July 2008. This is the lowest level in last five years. We expect these adverse news flows to impact the domestic markets negatively ahead of the weekend, and also ahead of the US nuclear deal going before the US Congress.
Read the rest here
http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_20080926/
Indian stock market morning report by Keynote Capitals (September 26, 2008, Friday, 6.00 a.m. GMT)
http://www.stockmarketsreview.com/news_india/
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September 25, 2008
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Asian markets were dragged down by commodity and mining resource related stocks this morning, while banks and financial stocks fell on indecision over US Government bailout plan for the financial sector. We expect Indian markets to remain cautious and range-bound today ahead of today’s inflation data announcement.
read more here
http://www.stockmarketsreview.com/news/indian_stock_market_morning_report_keynote_capitals_2008_09_25/
Indian stock market morning report by Keynote Capitals (September 25, 2008, Thursday, 7.00 a.m. GMT)
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September 2, 2008
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Price Band: Rs. 50 - 55 per share
Issue open between: September 8 - September 11, 2008
Book Running Lead Managers: Keynote Corporate Services Ltd.
To List on: NSE and BSE
Market Cap post-listing: Rs. 78 Cr. or $18 million (based on the cap price)
Executive Summary
- Incorporated in 1987, 20 Microns Ltd. (20ML) is a leading producer of micronised minerals in India. It produces various industrial minerals such as Cacium Carbonate, China Clay (Kaolin), Talc, Dolomite, Silica, Mica and Barytes.
- These minerals are used in various industries which comprises of paints, plastics, paper, glass and ceramics.
- India is endowed with huge deposits of industrial minerals including limestone, clay, talc, dolomite, barytes, mica, etc. It has a globally strong position in the production of these minerals. For instance in barytes production, India ranks 2nd, while in talc and mica production it ranks 4th and 10th respectively.
- Demand from user industries (viz. paint, paper, plastics, ceramics, etc.) is driven primarily by economic growth and rising per capita income levels over the last 4-5 years. This has led to increased opportunities for the industrial minerals industry.
- 20ML has a robust track record in the white minerals industry. Commencing operations with a small capacity of just 2,400 tonnes per annum (tpa), it has scaled up over the last 2 decades to reach a size of 96,400 tonnes per annum in FY08. It is one of the only two producers of China Clay in Asia, second only to English Indian Clays Ltd.
To read more visit
http://www.stockmarketsreview.com/ipoindia/20_microns_ipo_note_20080902/
Information about other IPO’s here http://www.stockmarketsreview.com/ipoindia/
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August 29, 2008
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SEBI approved the first set of banks to provide the new IPO payment facility ‘Applications Supported by Blocked Amount (ASBA)’.
Corporation Bank, Union Bank of India and HDFC Bank are now officially designated as Self Certified Syndicate Banks (SCSBs) to process IPO allocations through ASBA method.
After facing IPO refund problems for a long time, now an investor who has account with these three banks can apply in IPO??™s without transfer the money to the Issuer Company. In this method IPO bidding amount remains in investors account, but blocked by the bank until allotment is done. If there is no allotment, the amount would be released by bank, and the investor could be able to use it immediately.
This process will reduce the refund time and other problems like missing cheques or incorrect account information. This will also help companies to list there stocks quicker, as they need not to send refund order.
For more information about ‘Applications Supported by Blocked Amount (ASBA)’ payment Method visit:
http://chittorgarh.net/
http://www.stockmarketsreview.com/companies/
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August 28, 2008
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IPO Allotment Status is now available online for Austral Coke & Projects Limited IPO.
Austral Coke & Projects Limited IPO was open on August 07, 2008 and closed on August 13, 2008. IPO was oversubscribed by 1.65 times (0.6866 times in retail).
Visit http://chittorgarh.net/ to check your application status.
http://www.stockmarketsreview.com/companies_dax30/
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August 28, 2008
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IPO Allotment Status is now available online for Resurgere Mines & Minerals India Ltd IPO.
Resurgere Mines & Minerals India Limited IPO was open on August 11, 2008 and closed on August 13, 2008. IPO was oversubscribed by 1.16 times (0.3967 times in retail).
http://www.stockmarketsreview.com/companies_sp500/
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August 28, 2008
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Resurgere Mines & Minerals India Ltd IPO Listing Info
IPO Listing Date: Monday, September 01, 2008
BSE Script Code: 533017
NSE Symbol: RESURGERE
Listing in: ‘B’ Group of Securities
ISIN: INE774I01015
Issue Price: Rs. 270/- per share
Face Value: Rs 10/- Per Equity Share
http://www.stockmarketsreview.com/companies_cac40/
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August 25, 2008
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IPO Allotment Status is now available online for Nu Tek India Limited IPO.
Nu Tek India Limited IPO was open on Jul 29, 2008 and closed on Aug 01, 2008. IPO was oversubscribed by 1.63 times (1.0096 times in retail).
Visit http://chittorgarh.net/ to check your application status.
http://www.stockmarketsreview.com/news_usa/
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