LIST OF STOCKS FIIs ARE BUYING!!!

FIIs lead, others follow

After a brief pause they increased stakes in top companies in the September quarter, taking markets to a new high

Krishna Kant  |  Mumbai  

November 4, 2014 Last Updated at 22:40 IST

Foreign institutional investors have increased their effective holding in BSE 200 companies by around 150 basis points to 22.9 per cent in the past 12 months ending September. In the same period, insurance companies were net sellers.Mutual funds (MFs) turned net buyers in the second quarter (July-September), from being sellers in the previous five quarters.

Not surprisingly, the stake increase by FIIs coincided with one of the best stock rallies in three years. The combined market capitalisation of BSE 200 companies was up 42 per cent on a year-on-year basis at the end of September.

The shareholding data suggest FIIs are most bullish on automobiles & ancillaries, followed by banks and financial services. (Click here for tables)

United Spirits saw the highest rise in FII stake in the quarter, followed by Bharti Infratel, MCX, Central Bank, TVS Motor Co and Dr Reddy's Lab. They also increased their exposure in mid-cap information technology and auto ancillaries stocks. The biggest sell-off was Hathway Cable, followed by Strides Acrolab and Crompton Greaves, Andhra Bank and GMR Infra (see adjoining table).

On the other hand, insurance fund managers are most bullish on banks, followed by construction & infra and automobiles, and have cut their exposure to capital goods, energy public sector undertakings (PSUs) and hospitality. Central Bank, ING Vysya Bank and Adani Enterprises were the top pick for insurance companies in the quarter, while Gujarat State Petronet, Voltas and HPCL saw a cut in exposure. Insurance companies were the second largest investors after FIIs, with an effective holding of 6.4 per cent at the end of the second quarter.

MFs have broadly kept pace with the two big daddies and have also booked profits at TVS Motor, Mindtree and Motherson Sumi among others. This should not be surprising. All big investors can't be buyers or sellers at the same time. This flexibility is only available to retail investors.
http://www.business-standard.com/article/markets/fiis-lead-others-follow-114110401331_1.html
LIST OF STOCKS

RESTRUCTURING LOANS & Concessions!!!

Restructured loans of banks may zoom by ₹1 lakh cr in next 5 monthsOUR BUREAUDebt of top 500 corporates totals ₹28 lakh cr; 1 in 5 firms distressed: India Ratings reportMUMBAI, NOV 4:  The Indian banking system could see restructured loans surging by ₹1 lakh crore in the remaining five months of this financial year even as it may take a ‘big bath’ to address asset quality problems and start the next fiscal year on a clean slate, said credit rating agency India Ratings (Ind-Ra).Painting this grim scenario, the agency said loan accounts whose performance may deteriorate could be addressed (restructured) at one go.Restructuring of assets entails creditors (among others) extending concessions to borrowers by reducing interest rates, rescheduling repayments and converting debt into equity, and promoters infusing equity into their venture.Ind-Ra based its estimates of restructured assets on an analysis of the credit metrics of the top 500 corporate borrowers, who accounted for the largest debt in the financial year that ended in March 2014.The aggregate debt of these 500 corporates is ₹28,76,000 crore, which is 73 per cent of the total bank lending to the industry, services and export sectors.Financially distressed
Around 82 of these 500 top borrowers have already been formally tagged as financially distressed (as a non-performing asset, corporate debt restructuring case or restructured asset).Another 83 (17 per cent) of these 500 borrowers, accounting for 9 per cent of the overall debt of the group, have severely stretched credit metrics, said Ind-Ra. The credit rating agency observed that within these 83 corporates, operating profitability barely covers the interest required to be serviced in most cases. These corporates have limited expectation of an immediate improvement in profitability.However, thus far, these borrowers with severely weak credit metrics have not been publicly tagged as financially distressed. But one out of every four could be tagged as stressed by the end of March 2015.Incremental restructuring
Ind-Ra assessed that potentially one-third to half of the 83 accounts could be in the category of SMA 2 (special mention accounts), with delays in debt servicing ranging between 61 and 90 days.Loan accounts, which may be tagged as SMA 2 during the October-December 2014 period, would be either normalised or put up for restructuring. This decision is to be arrived by the lenders by March 31 next year, it added.If some of the corporates are unable to generate significant cash flow or infuse significant equity in the near term, they may be identified by their lenders for restructuring pursuant to RBI guidelines.Some borrowers may even deteriorate further, to be tagged as NPAs. The cumulative impact may be an incremental ₹60,000 crore to ₹1 lakh crore of restructured assets in the banking system in the next five months, the report said.A senior public sector bank official said given the tough situation in the economy, whereby infrastructure projects are stalled because of external factors and de-allocation of coal blocks will impact metal, power and cement companies, the central bank needs to come up with a special dispensation for asset classification.“If the RBI sticks to its deadline of April 1, 2015, for complete withdrawal of regulatory forbearance, then banks will get impacted as not only will an asset be downgraded once it is restructured, they will also have to make higher provisions. This will shake investor confidence in banks,” he said.VS Seshagiri Rao, Joint MD and CFO, JSW Steel, said banks have to take a practical call and come out with a special sector-specific dispensation on stressed assets.Each sector, such as infrastructure, power, steel and textiles, is affected by different problems, largely due to factors beyond the purview of company promoters.For instance, delays in project clearance and high pricing of raw material in domestic markets, especially coal, is eroding profitability of Indian companies.(This article was published on November 4, 2014)

http://www.thehindubusinessline.com/industry-and-economy/banking/restructured-loans-may-increase-by-rs-1-lakh-cr-in-5-months-indra/article6563807.ece?homepage=true

Panic buying?

Samie Modak  &  Joydeep Ghosh  |  Mumbai  

November 3, 2014 Last Updated at 00:05 IST

With the Sensex surging 1,000 points in the past week, many market experts are calling it a case of "panic buying". "There is complete panic in Indian markets today. Buying panic," tweeted Samir Arora, fund manager at Helios Capital Management. Experts are positive about the Indian market's prospects because of the easy monetary stance by global central banks and improving domestic economy. "People say market is up but nothing has changed on the ground. Why not say nothing has changed and the market is up. Imagine what happens when there is change (sic)," Arora tweeted.

Traders will stay light this week

With two holidays on alternate days this week - Tuesday for Muharram and Thursday for Guru Nanak Jayanti - market participants are unsure where the Sensex is headed in the coming week. Since global markets, which have run up quite well so far, will remain open on these two trading days, there are expectations of a small correction during the week. However, in the Indian context, traders aren't sure whether it will happen on Wednesday or Friday. Another thing that will keep the traders on their toes is the T+2 settlement cycle. Trades on Monday will be settled on Friday and the ones on Wednesday, next Monday. As a broker says, traders don't like to keep open positions when there are mid-week holidays. Expect them to be less committed, this week.

Realty analysts in high demand

Though realty stocks have not been doing so well, both Indian and foreign brokerages are rushing to recruit realty analysts. But there doesn't seem to be much talent available. A human resource head of a foreign brokerage house said she had been trying to get a research analyst for the realty division for some time but the effort has been in vain. Even domestic brokerage houses are struggling to find people. "If brokerages are looking at people who will do equity analysis as well as field research, it is a tough combination. They will have to hire from the industry and train them," says an industry player.


http://www.business-standard.com/article/markets/panic-buying-114110300021_1.html

A SENSIBLE INVESTMENT that COUNTS..!!

The STOCK-O-METER is back: STOCKS Performance Monitor:

FRIDAY Market Action Review:31-10-14

The markets showed a stellar BULL dominance on the street, ruined the dreams of Bears to the core with decent gains. The Haryana, Maharastra election results, there after Diesel decontrol, gas price hike and Coal e-auction plans and also the Street is very enthused with the FDI in construction and other POLICY announcements and the JAPANs un-expected bond buying programme gave much required strength to BULLS to make a ride over BEARS.

The Nifty and many stocks are in BULL grip may see further gains in future, but the Friday announced factory output numbers are not in line with the expectations can dampen the sentiment to some extent.

All the construction/infra names like NCC, HCC, Unitech, Relinfra, LIC Hsg, Indai Bulls HSG, GVK, IL&FS, LT, HDFC, IDFC, TataPower, GAIL, BPCL, RIL, ADANI ports, Rpower, Maruti T-motors,and Phama big names made decent gains. But TITAN lost 5%, and other recent gainers like SRF weak on profit booking.

The markets are ripe for investments only they give a decent correction… Genuinely, the best opportunity for now was missed, the one I missed recently is from 7725 to 8350 level.

I sincerely convinced that the markets may easily give 300 points from 7725-8035 but from 8035 to 8350 is sharp and surprising.

The COAL block cancellation and POWER sector woes and BANKING sector issues were negated there after developments but myself kept away from the markets on the Investment front but preferred trading. I worried about the implications of the BLACK MONEY and the consequences on market journey which did nothing.

The real problem at my end, when many advisors and including my brother also heavily bearish on the markets when they dropped the supports effortlessly, fell from 7950.

When he was in decent profits didn’t book but waited for decent/huge gains kept me at bay to make further investments though personally convinced that the markets will make a comeback.

Unfortunately, the BIG move was not ALLWELL with all counters. When the GAS price hike was announced, bought ONGC at 414 now at 404, IOC bought months before at 406 now at 365. Even on Friday, when the big move is on…bought IOC for average didn’t crossed my buying price at 366 but down to 363, the NIFTY added 150 points.

To test the swing action, I made small investments but all the negative news affected the price fall--- bought PNB at 990 down to 850, BOB at 950 down to 850, PFC bought at 268 down to 226, REC at 285 down to 235, LT bought at 1528 down to 1425, ICICI at 1578, down to 1420 Relcap bout from 530 down to 435, RelInfra bought from 625 down to 540 odd, NOW recovered to their profit levels but I booked losses….A sensible INVESTMENT experience to count on….