F& O - expiry fire works- ICICI BANK

https://www.youtube.com/watch?feature=player_detailpage&v=lAo77BIqHp0

THE GOOD AND BAD OF MARKET

The surprising fall happened in Midcaps is really alarming and dangerous. The Infra fall is also a worry some issue. The fall in REC and PFC is wild despite of their good results. This could be due to COAL mining ISSUE. The YES bank fall and DLF is a concern. i expected the fall but the Midcap fall is not. Today the external/global concerns will bring the level close to 5200 level as mentioned. The stimulus is on the cards but waiting...waiting... inviting shorts....

A poor statement on INDIA

 

Poor In India Starve As Politicians Steal $14.5 Billion Of FoodBy Mehul Srivastava and Andrew MacAskill - Aug 29, 2012 2:11 PM GMT+0530 Ram Kishen, 52, half-blind and half- starved, holds in his gnarled hands the reason for his hunger: a tattered card entitling him to subsidized rations that now serves as a symbol of India’s biggest food heist. Kishen has had nothing from the village shop for 15 months. Yet 20 minutes’ drive from Satnapur, past bone-dry fields and tiny hamlets where children with distended bellies play, a government storage facility five football fields long bulges with wheat and rice. By law, those 57,000 tons of food are meant for Kishen and the 105 other households in Satnapur with ration books. They’re meant for some of the 350 million families living below India’s poverty line of 50 cents a day.Instead, as much as $14.5 billion in food was looted by corrupt politicians and their criminal syndicates over the past decade in Kishen’s home state of Uttar Pradesh alone, according to data compiled by Bloomberg. The theft blunted the country’s only weapon against widespread starvation -- a five-decade-oldpublic distribution system that has failed to deliver record harvests to the plates of India’s hungriest. “This is the most mean-spirited, ruthlessly executed corruption because it hits the poorest and most vulnerable in society,” said Naresh Saxena, who, as a commissioner to the nation’sSupreme Court, monitors hunger-based programs across the country. “What I find even more shocking is the lack of willingness in trying to stop it.”..................http://www.bloomberg.com/news/2012-08-28/poor-in-india-starve-as-politicians-steal-14-5-billion-of-food.html

Bharti Airtel --BUY--WHEN ???

Is this the right time to buy Bharti Airtel?

Updated On: August 28, 2012 08:21 (IST)

New Delhi:

Shares in mobile carrier Bharti Airtel traded at the top of the Nifty index Monday. The poster boy of India's telecom sector gained over 1.5 per cent today after falling nearly 15 per cent since reporting a 10th straight quarter of declining profits on August 8.

Suresh A Mahadevan, head of India equities at global brokerage firm UBS Securities told NDTV Profit that Bharti share prices may double over the next three years.

Here are some of the reasons for the likely upside:

1) 2G bidding may not be successful: The government is planning to hold the 2G auction in November after the Supreme Court revoked all permits awarded to eight of Bharti's rivals in a scandal-tainted 2008 sale. The auction had been due by end-August, but the telecom ministry is seeking a delay until November as it finalises the bidding rules and the process.

UBS says the auctions in November- December will be crucial. For the top eight service areas, there is no business case for anybody to bid. So if the government doesn't get any bid, that's a message that this industry is going to consolidate.

2) Post November consolidation: Companies that won fresh spectrum in 2008-09 are far from an ebidta break even and at the new auction prices it will be even more difficult for them to get ebidta even, UBS said. So there is no logic for them to bid and consolidation is inevitable.[RELATED-STORIES]

3) Bharti, Vodafone and Idea to benefit: The consumer has chosen these three brands out of 10 or 12 choices they have. So whoever has the consumers will benefit, UBS added. At some point prices will go up and Bharti and Idea share prices can double in the next three years, the brokerage said.

4) HSBC says threats from LTE (read 4G) are overdone for Bharti. Continue to prefer Bharti in the Indian telcos space. Focused approach should drive equilibrium. The global banking major has retained its "overweight" call on the stock.

5) Bharti's sales have risen 1.1 per cent in the June quarter reversing a nine quarter decline.
http://profit.ndtv.com/news/market/article-is-this-the-right-time-to-buy-bharti-airtel-309944/?q=/news/l/id/309944&pfrom=home-topstory

VENTURE FUNDED JOBS....EMERGING..!!!

'Venture capital can birth 4 cr jobs'

AGENCIES

Posted: Monday, Aug 27, 2012 at 1810 hrs IST

New Delhi: Venture capital investments have the capacity to generate Rs 10 lakh crore revenue and create four crore jobs in the next decade, a Planning Commission expert group has said.

Boosting VCI can result in creating 2,500 new successful high growth ventures and can repeat success of IT/BPO sector in three or four other industries in the next 10 years, said the committee on angel investment and early stage venture capital set up by the Planning Commission in a report submitted to the Finance Minister.

http://www.financialexpress.com/news/venture-capital-can-birth-4-cr-jobs/993841/

ONLY SUGAR NEWS- BALCHINNI..

Stockwatch: Less rains spell a price bounty

Published: Saturday, Aug 25, 2012, 8:00 IST Expect a sugar shocker in days to come. Well, the prices may not be as sweetening as the commodity itself. Food minister KV Thomas revealed as much when he said the output for the next marketing year (October to September 2012-13) is likely to be 23 million tonnes (mt) as against 26 mt in the previous year.

While analysts had been expecting a lower production all this while, the number is way less, considering the Indian Sugar Mill’s Association had pegged it at 25 mt a few weeks ago. The estimated shortfall is attributed to below-par monsoon rains in the sugar-growing belt of Karnataka and Maharashtra. There is also a seasonality element at work. The other worrying aspect is this time around, local sugar prices have moved faster than the global level.

Initial reports indicate that Brazil, the largest exporter of sugar, is expected to produce less. Sugar surplus, which was earlier projected at around 8-10 mt, is now likely to come in at around 5-6 mt. For India, with a consumption of around 22 mt, this year’s production as well as higher exports will mean lower inventory. Both domestic and global developments point to a supply crunch, which can push prices up.

One company in the sugar space that’s worth a look is Balrampur Chini. For every rupee rise in the price, the company’s earning per share increases by around Rs2.5. Apart from being the largest sugar company in the country with a production capacity of 7 lakh tonnes, a big positive for this company is it’s located in Uttar Pradesh, which has not been affected as much as Maharashtra and Karnataka. In other words, Balrampur Chini stands to gain handsomely from the rise in prices on account of lower supply.

Over the past two months, share price of Balrampur Chini has moved up from Rs48 to a high of Rs69, but has since corrected to Rs64. The expected weakness in the market can bring the prices down to Rs62 which can be a good entry point. With sugar prices unlikely to come down anytime soon, Balrampur Chini can post decent growth, going forward.

http://www.dnaindia.com/money/report_stockwatch-less-rains-spell-a-price-bounty_1732413

NIFTY CRUCIAL LEVELS!!!!

The August month saw a decent rally in equities. From a low of 4770 on 4^th June-12 till date the Nifty could scale up day after day. May readers might have remembered the recommendation made earlier to stick with BULLs rather than with BEARS till the market reaches 5365 leve. I also mentioned, Nifty may touch 4225 level. Now Nifty is in over bought situation. Last week Infosys, TCS, HCL Tech and HLL along with pharma majors, could take it to float above 5400, crossing high a 5425 level for 3 days in a row.

This week being the F&O closing week, the banking sector may see a fall, especially due to the Euro problems.

The stocks to watch for this week: Bull unwinding may consider in stocks like HLL, Ranbaxy, Cipla and in Banking majors. The Bank Nifty is weak below 10340 levels and will gain momentum above 10475. The Nifty is strong above 5390 level, but the closing shall be above 5420 level for further gains. The Nifty close below 5340 level will help the bears to gain temporarily. Last month Nifty closed at 5040 level and now a gain over 350 points available to BULLS. The stocks performed beyond any body expectation in stocks like Ranbaxy, Mc Dowell and JSW steel. The similar performance took place in M&M and HLL. So they tend to correct for want of support at the higher level.................................. 

DEBT KILLS AIRTEL-BHARATI.. The operational issues are not a problem where as the South Africa acquisition has become a burden to carry on its shoulders. The dollar debt is threatening and not able to meet the mounting interest pressure also failed in balancing the rupee depreciation not able to edge to its best. Bharati rate of growth, ARPU are contacting and but overall sales performance is acceptable in this kind of a difficult situation and global environment. We can see the cruel state of struggle existing in the telecom players for the market share and the new entrants are working hard to grab the users through number portability. The 2G scam is still haunting both the industry and government and the regulators. The 3G-4G/LTE service expansion was cripped for want of funding and the winners are also not sure of what will happen and when!!!! 

Despite the entire crippled environment existing now in the Telecom sector, Bharati is going to do very well in future once the clouds are faded. The very big opportunity stored in for Bhatai is Mobile banking and the entertainment. The huge infra business existing ( for now it failed to attract big investments- trying to list the arm), future sustained revenue is assured. So Bharati will merge the arm after 3-5 years. The stock will again see a huge demand. The stock will certainly get investor support at Rs 220-25, from there a double in 5 years is a safe and best returns a large cap can offer.

Sugar has upside!!!

Sugar has upside till Rs 4,000/quintal

C.P. KRISHNAN August 25, 2012:  Following a series of healthy fundamental factors, sugar prices in futures and spot market have witnessed an escalation since the first week of June. Prices tested a two-and-a-half-year high last month.Futures prices on the National Commodities and Derivatives Exchanges (NCDEX) climbed from Rs 2,800 a quintal level in June to Rs 3,600 levels by mid-August, a surge of over 25 per cent. Domestic retail prices, too, mounted to Rs 40 a kg from Rs 30 during this period. However, prices somewhat cooled down after a few measures taken by the Government......................

........................

(The author is Whole Time Director of Geojit Comtrade Ltd. The views are personal)

http://www.thehindubusinessline.com/features/investment-world/article3821342.ece?homepage=true&ref=wl_home