IndoSpace to invest over $1 billion in India over next 5 years

The company has robust plans to fund and expand its 17 industrial real estate projects across the country to support manufacturing, consumer and 3PL (third-party logistics) companies operating in India’s rapidly growing economy.

IndoSpace, India’s leading developer of industrial & logistics parks, plans to invest $1 billion in the country in the next five years to take its total investment to $1.75 billion. This additional investment will increase its development pipeline from 20 million square feet to 50 million square feet.

“In addition to growth in consumption and e-commerce, we see India’s great manufacturing potential being unlocked by the government’s Make In India program. This requires world-class industrial and logistics real estate, and as pioneers and leaders in this asset class we will continue to invest aggressively,” said Rajesh Jaggi, Managing Partner – Everstone Real Estate,  and Co-CEO of IndoSpace.

Currently, IndoSpace, a joint venture between Everstone Group and Realterm, operates world-class industrial and logistics parks in Pune, the National Capital Region, Bengaluru and Chennai. The company has robust plans to fund and expand its 17 industrial real estate projects across the country  to support manufacturing, consumer and 3PL (third-party logistics) companies operating in India’s rapidly growing economy.

“It is critical that the enabling infrastructure such as land and facilities to manufacture and store goods are in place as India’s manufacturing engine gathers speed,” said Brian Oravec, CEO of IndoSpace, on the side-lines of Swedish Prime Minister Stefan Lofven’s visit to Pune on Sunday, where the premier reviewed Swedish company Ericsson’s site at IndoSpace Chakan I’s sprawling 1.7 million square foot industrial complex.

”Our aim as the leader in this space is to do our part to ensure that the required infrastructure is in place to make in India with ease,” added Oravec. 

IndoSpace Chakan I, which is located at Chakan, a prime industrial hub near Pune, houses Ericsson, as well as other leading global companies including Bosch, DHL, Leoni, Steelcase, Kubota and Delphi.

IndoSpace’s announcement comes as the high-profile ‘Make in India’ week is underway in Mumbai, where Lofven and other foreign heads of governments, as well as top Indian and international corporate leaders, are congregating.
 

Sun Pharma up 2%; may approach US FDA for re-inspection of Halol

The company expects to approach the US FDA for a re-inspection of its Halol site by the first quarter of financial year 2017, Sun Pharma management reportedly said on investor call.

Sun Pharmaceutical Ltd stock was up by 2% at Rs. 863. The company expects to approach the US FDA for a re-inspection of its Halol site by the first quarter of financial year 2017, Sun Pharma management reportedly said on investor call.

The scrip opened at Rs. 853 and has touched a high and low of Rs. 867.1 and Rs. 853 respectively. So far 1721919(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 204169.51 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1200.7 on 07-Apr-2015 and a 52 week low of Rs. 706.4 on 24-Nov-2015. Last one week high and low of the scrip stood at Rs. 884.25 and Rs. 803.55 respectively.

The promoters holding in the company stood at 54.97 % while Institutions and Non-Institutions held 35.25 % and 9.77 % respectively.

The stock is currently trading below its 200 DMA.

KNR Constructions Q3 net profit at Rs.32.80 crore

The company reported a 120% increase in standalone net profit at Rs.32.80 crore for the third quarter that ended on December 31, 2015.

KNR Constructions reported a 120% increase in standalone net profit at Rs.32.80 crore for the third quarter that ended on December 31, 2015.

During the quarter under review, operating profit stood at Rs. 46.55 crore for the quarter, clocked growth of 55.06% yoy. The company’s revenue stood at Rs. 218.55 crore, up 2.34%.

Stock commentary:

KNR Constructions Ltd is currently trading at Rs. 477, up by Rs. 30.8 or 6.9% from its previous closing of Rs. 446.2 on the BSE.

The scrip opened at Rs. 462.3 and has touched a high and low of Rs. 485 and Rs. 462.3 respectively. So far 2484(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1254.71 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 651.75 on 19-Nov-2015 and a 52 week low of Rs. 350 on 24-Feb-2015. Last one week high and low of the scrip stood at Rs. 501.3 and Rs. 408 respectively.

The promoters holding in the company stood at 60.75 % while Institutions and Non-Institutions held 27.2 % and 12.05 % respectively.

The stock is currently trading above its 200 DMA.

NMDC surges 9.6% after announcing dividend

The company reported standalone net profit of Rs.655.04 crore for the quarter ended December 31, 2015, registering decline of 58.88% yoy.

NMDC surged 9.6% to Rs.85.80 on BSE. The company has fixed February 25, 2016 as the Record Date for the purpose of Payment of First Interim Dividend for the financial year 2015-16.  The company reported standalone net profit of Rs.655.04 crore for the quarter ended December 31, 2015, registering decline of 58.88% yoy.

The scrip opened at Rs. 86.55 and has touched a high and low of Rs. 87 and Rs. 82.1 respectively. So far 2811555(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 31202.19 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 146.15 on 16-Feb-2015 and a 52 week low of Rs. 75.2 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 86.05 and Rs. 75.2 respectively.

The promoters holding in the company stood at 80 % while Institutions and Non-Institutions held 17.56 % and 2.43 % respectively.

The stock is currently trading above its 200 DMA.

Tata Steel zooms 10%

Tata Steel’s European boss will join thousands of steelworkers in a protest against “unfair” practices by Chinese firms, says report.

Tata Steel Ltd stock was up by 10% at Rs. 239.

Report says that Tata Steel’s European boss will join thousands of steelworkers in a protest against “unfair” practices by Chinese firms.

Tata Steel Ltd is currently trading at Rs. 239.35, up by Rs. 21.5 or 9.87% from its previous closing of Rs. 217.85 on the BSE.

The scrip opened at Rs. 220 and has touched a high and low of Rs. 242.5 and Rs. 220 respectively. So far 3426287(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 21157.93 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 384.2 on 06-May-2015 and a 52 week low of Rs. 200 on 29-Sep-2015. Last one week high and low of the scrip stood at Rs. 243.8 and Rs. 211.3 respectively.

The promoters holding in the company stood at 31.35 % while Institutions and Non-Institutions held 38.79 % and 29.86 % respectively.

The stock is currently trading above its 200 DMA.

HDIL gains 8% on Q3 results

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 929.50 mn for the quarter ended December 31, 2015 where as the same was at Rs. 672.90 mn for the quarter ended December 31, 2014.

HDIL stock was up by 3% at Rs. 62.The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 929.50 mn for the quarter ended December 31, 2015 where as the same was at Rs. 672.90 mn for the quarter ended December 31, 2014. 

Total Income is Rs. 3290.90 million for the quarter ended December 31, 2015 where as the same was at Rs. 3594.80 million for the quarter ended December 31, 2014.

Housing Development & Infrastructure Ltd is currently trading at Rs. 62.1, up by Rs. 4.55 or 7.91% from its previous closing of Rs. 57.55 on the BSE.

The scrip opened at Rs. 59.4 and has touched a high and low of Rs. 62.45 and Rs. 58.95 respectively. So far 4023116(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 2411.35 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 143 on 13-Apr-2015 and a 52 week low of Rs. 54.25 on 04-Sep-2015. Last one week high and low of the scrip stood at Rs. 77.95 and Rs. 55.6 respectively.

The promoters holding in the company stood at 36.16 % while Institutions and Non-Institutions held 45.48 % and 18.36 % respectively.

The stock is currently trading above its 200 DMA.

RBI and Central Bank of UAE sign MoU to consider Currency Swap agreement

Terms and conditions of the Agreement will be firmed up through technical level discussions between the two central banks.

The Reserve Bank of India, in consultation with the Government of India, signed a Memorandum of Understanding (MoU) with the Central Bank of the United Arab Emirates to consider entering into a bilateral Currency Swap Agreement subject to the concurrence of the respective Governments.

Terms and conditions of the Agreement will be firmed up through technical level discussions between the two central banks.

The MoU to this effect was signed by Governor Dr. Raghuram G. Rajan on behalf of the Reserve Bank and Governor H.E. Mubarak Rashed Al Mansoori on behalf of the Central Bank of United Arab Emirates at the Reserve Bank headquarters in Mumbai.

The proposed agreement will further strengthen the close economic relationship and cooperation between India and the United Arab Emirates.

Sun Pharma, Tata Motors, Bank of Baroda, among 25 Stocks in focus today

Check out the companies which will be in focus during trade today based on recent and latest news developments.

 Tata Motors: Tata Motors is believed to be working on reducing the engine size for its diesel vehicles to circumvent the sales ban imposed by the Supreme Court in Delhi-NCR, reports a business daily.

Sun Pharmaceuticals Industries: Sun Pharmaceuticals Industries , multinational pharmaceutical conglomerate, reported consolidated net profit of Rs. 1,416.60 crore for the quarter ended December 31, 2015, registering growth of 258.33% yoy.

Bank of Baroda: The bank has posted a net loss of Rs. 3,342 crore for the quarter ended December 31, 2015 as compared to net profit of Rs. 333 crore for the quarter ended December 31, 2014.

ITC: ITC is planning to invest Rs. 800 crore in Odisha over the next few years to set up a hotel property and a food processing park in the state, ITC Chairman and Managing Director Y C Deveshwar reportedly said at Make in India event.

NMDC: NMDC, state-controlled mineral producer, reported standalone net profit of Rs.655.04 crore for the quarter ended December 31, 2015, registering decline of 58.88% yoy.

Nestle India: Nestle India Ltd, One of the largest food company in the world, reported standalone net profit of Rs.183.19 crore for the quarter ended December 31, 2015, registering decline of 43.87% yoy.

Suven Life Sciences: Suven Life Sciences , suppliers of bulk chemicals for life sciences companies, reported standalone net profit of Rs.17.71 crore for the quarter ended December 31, 2015, registering decline of 45.05% yoy.

CEAT: The company’s consolidated revenue stood at Rs. 1,380.13 crore, down 2.08% yoy and 2.08% qoq.

Sun TV Network: Sun TV Network, Tamil satellite television station, reported standalone net profit of Rs. 215.59 crore for the quarter ended December 31, 2015, registering growth of 0.68% yoy.

HDIL: Housing Development and Infrastructure Ltd posted a net profit of Rs. 929.50 mn for the quarter ended December 31, 2015 where as the same was at Rs. 672.90 mn for the quarter ended December 31, 2014.

IOC: The company’s standalone revenue stood at Rs. 83,461.89 crore, down by 22.05% yoy and 2.25% qoq.

Oil India: The company’s standalone revenue stood at Rs. 2,341.56 crore, up 6.69% yoy but down 7.5% qoq.

Dynamatic Technologies: Dynamatic Technologies reported net profit at Rs. 2.45 crore for the quarter ended December 31, 2015.

BPCL: The company’s standalone revenue stood at Rs. 46,666.62 crore, down  by 19.43% yoy but up by 0.42% qoq.

Balkrishna Industries: The company’s standalone revenue stood at Rs. 749.82 crore, down 21.92% yoy and 4.71% qoq.

Goodluck Steel Tubes: The company’s standalone revenue stood at Rs. 236.01 crore, down 9.79% yoy and 5.46% qoq.

Gayatri Projects: Gayatri Projects, specialty in infrastructure, power, hospitality, real estate and industry, reported standalone net profit of Rs. 12.16 crore for the quarter ended December 31, 2015, registering growth of 345.91% yoy and 66.87% qoq.

UCO Bank: UCO Bank posted a net loss of Rs. 14970.10 mn for the quarter ended December 31, 2015 as compared to net profit of Rs. 3035.90 million for the quarter ended December 31, 2014.

Future Retail: Future Retail Ltd posted a net profit of Rs. 146.80 mn for the quarter ended December 31, 2015 as compared to Rs. 53.20 million for the quarter ended December 31, 2014.

KNR Constructions: The company’s standalone revenue stood at Rs. 218.55 crore, up 2.34% yoy and 0.74% qoq.

Aditya Birla Fashion & Retail: Aditya Birla Fashion & Retail, Indian premium clothing retail chain, reported standalone net profit of Rs.7.43 crore for the quarter ended December 31, 2015, registering decline of 87.88% qoq.

Tilaknagar Industries: The company’s consolidated revenue stood at Rs. 125.04 crore, down 38.19% yoy but up 26.29% qoq.

Corporation Bank: Corporation Bank, public sector banking company headquartered in Mangalore,  reported standalone net loss of Rs. 388.37 crore for the quarter ended December 31, 2015, against net profit of Rs. 147.20 crore in the corresponding quarter of the previous year and Rs. 188.60 crore in the preceding quarter.

Rolta India: Rolta India has reported results for the quarter ended December 31, 2015:
The company recorded a fall of 38.7% in its net profit at Rs.46.9 crore for the quarter ended December 31, 2015 as compared to Rs.76.6 crore for the quarter ended December 31, 2014.

Ahluwalia Contracts (India): Ahluwalia Contracts (India), India's leading Civil Contractors, reported standalone net profit of Rs. 19.83 crore for the quarter ended December 31, 2015, registering growth of 46.08% yoy.

Godrej Industries: Godrej Industries Ltd posted a net profit of Rs. 1389.70 mn for the quarter ended December 31, 2015 where as the same was at Rs. 906.50 mn for the quarter ended December 31, 2014.

Punj Lloyd: The company’s standalone revenue stood at Rs. 1,007.84 crore, down 21.15% yoy and 0.1% qoq.

Monnet Ispat & Energy: Monnet Ispat & Energy's standalone net loss widened to Rs.479.17 crore for the quarter ended December 31, 2015 compared to Rs. 242.81 crore in the corresponding quarter of the previous year and Rs. 394.71 crore in the preceding quarter.

Kolte Patil Developers: The company’s consolidated revenue stood at Rs. 164.59 crore, down by 25.35% yoy but up by 6.17% qoq.

MBL Infrastructures: The company’s consolidated revenue stood at Rs. 691.80 crore, up by 27.62% yoy and 67.68% qoq.

Sensex rallies 300 points; Nifty above 7,050

The BSE Mid-cap Index is trading up 1.90% at 9,797, whereas BSE Small-cap Index is trading up 1.81% at 9,857.

At 9:18 AM, the S&P BSE Sensex is trading at 23,295 up 308 points, while NSE Nifty is trading at 7,072 up 101 points.

The BSE Mid-cap Index is trading up 1.90% at 9,797, whereas BSE Small-cap Index is trading up 1.81% at 9,857.

Global cues are supporting the cause with Asian markets mostly higher except for China which has lost weight as its market resumed after the week-long Lunar New Year holiday.  There is no basis for sustained yuan weakness thanks to China’s large current account surplus and China has no intention to boost net
exports through a large devaluation of yuan, Zhou Xiaochuan, the People’s Bank of China‘s long-time Governor told Chinese financial magazine Caixi.

Meanwhile, Foreign funds have offloaded shares worth around Rs. 3000 crore last week and even in the debt market they were net sellers. Results on tap are Opto Circuits (India), Valecha Engineering, Advanced Micronic Devices, Alang Industrial Gases, Aarey Drugs & Pharmaceuticals.

Mic Electronics and RKB Agro Industries will consider allotment of convertible equity shares today while   DCB Bank and Kesoram Industries will consider raising of funds.

The rupee could see some weakness but will attempt a recovery. RBI governor was quoted as saying that there is a case for some rupee fall till inflation eases.

The country’s top 10 most valued companies as it shaved off over Rs 1.83 lakh crore from their combined market valuation, says a report.

Finance minister Arun Jaitley reportedly said he will shortly announce a "series of banking reforms" without elaborating. Public sector banks have been declaring poor results as the central bank has been pressurizing them to clean up their books by setting aside money against bad loans.

Kumar Mangalam Birla and Anand Mahindra spoke about need to bring in new technology and digitization to the manufacturing sector

Radha Mohan Singh said that the country’s farmers can be benefitted only when the new agricultural technologies are utilized by them at the field level. Our Prime Minister clearly told that the country’s development is not possible until our village and farmers are not developed, he added.

Westlife Development Ltd. plans to more than double McDoland's outlets from 223 across 29 cities to nearly 500 over the next few years, reports a business daily.

The Maharashtra government and Japan have finalised an agreement whereby Japan will fund 80% of the INR 17,750 crore trans-harbour project connecting Mumbai and Navi Mumbai, reports a business daily.

Tata Steel India Managing Director TV Narendran stated that the first phase of Kalinganagar plant in Odisha is scheduled to start commercial production at the beginning of next financial year, says report.

AirAsia India CEO Mittu Chandilya is not quitting the airline, AirAsia Group chief Tony Fernandes reportedly said today as he announced that the 2-year old Indian carrier would “shortly” add two aircraft as part of its fleet expansion plans.

The Maharashtra government and Japan have finalised an agreement whereby Japan will fund 80% of the INR 17,750 crore trans-harbour project connecting Mumbai and Navi Mumbai, reports a business daily.

Chief Minister Devendra Fadnavis and Japan International Cooperation Agency (JICA) agreed at the Make-In-India event on Saturday that the project will add two rescue lanes and convert 4 km stretch of the project into steel-only structure instead of earlier plan of cement and concrete bridge, according to the financial newspaper.

The telecom ministry has proposed a 10-year tax holiday for mega projects in the sector as part of its recommendations for the upcoming Union Budget that are aimed at attracting fresh investments for the Make in India programme.

Down and Out! L&T,​ ​J​ust Dial among 403 scrips that hit 52-week low

The fall in the index was led by losses in BHEL, Adani Ports, Hindalco, L&T and ONGC. The fall in the index was led by losses in capital goods, oil & gas, metal, consumer durable,pharma, energy, banks, and auto stocks.

The Indian equity market ha​s extended losses for the fifth straight session. The fall in the index was led by losses in BHEL, Adani Ports, Hindalco, L&T and ONGC. The fall in the index was led by losses in capital goods, oil & gas, metal, consumer durable,pharma, energy, banks, and auto stocks.

A total of 403 stocks touched a new 52-week low on the NSE are Aarti Drugs Limited, Aban Offshore Limited, ABG Shipyard Limited, Adani Enterprises Limited, Adani Ports and Special Economic Zone Limited, Adhunik Metaliks Limited, Adlabs Entertainment Limited, Accel Frontline Limited, AGC Networks Limited, AIA Engineering Limited, Akzo Nobel India Limited, Allahabad Bank, Alok Industries Limited, Anant Raj Limited, Andhra Bank, Ansal Properties & Infrastructure Limited, Ansal Housing and Construction Limited, Apcotex Industries Limited, Aro Granite Industries Limited, Automotive Stampings and Assemblies Limited, Ashiana Housing Limited, Agro Tech Foods Limited, Aurionpro Solutions Limited, Austral Coke & Projects Limited, Autoline Industries Limited, AYM Syntex Limited, Bajaj Electricals Limited, Balkrishna Industries Limited, Balmer Lawrie & Company Limited, Bank of Baroda, Bank of India, BASF India Limited, Bayer Cropscience Limited, Bombay Burmah Trading Corporation Limited, Bedmutha Industries Limited, BF Investment Limited, BF Utilities Limited, BGR Energy Systems Limited, Bharat Forge Limited, Bharat Gears Limited, Bharat Heavy Electricals Limited, Bhushan Steel Limited, Binani Industries Limited, Birla Corporation Limited, Birla Cotsyn (India) Limited, Birla Ericsson Optical Limited, Bombay Dyeing & Mfg Company Limited, Bosch Limited,  Canara Bank, C & C Constructions,  Career Point Limited, Credit Analysis And Research Limited, Castex Technologies Limited, Castrol India Limited, Celebrity Fashions Limited, Central Bank of India, Centum Electronics Limited Century Plyboards (India) Limited Century Textiles & Industries Limited CESC Limited, Chambal Fertilizers & Chemicals Limited, Clariant Chemicals (India) Limited, Coffee Day Enterprises Limited,Colgate Palmolive (India) Limited, Container Corporation of India Limited, Coromandel International Limited, Corporation Bank, Cox & Kings Limited, Crompton Greaves Limited, Cyber Media (India) Limited, Cyient Limited, D B Realty Limited, DCM Limited, Delta Corp Limited, Den Networks Limited, Dena Bank, Dhanlaxmi Bank Limited, Dewan Housing Finance Corporation Limited, Diamond Power Infra Ltd, DLF Limited, D-Link (India) Limited, Dolphin Offshore Enterprises (India) Limited, Dredging Corporation of India Limited, DS Kulkarni Developers Limited, Dynamatic Technologies Limited, Edelweiss Financial Services Limited, Elder Pharmaceuticals Limited, Elecon Engineering Company Limited, Emkay Global Financial Services Limited, Engineers India Limited, Eros International Media Limited, Esab India Limited, Everest Industries Limited, Excel Industries Limited, The Federal Bank Limited, Financial Technologies (India) Limited, Gammon Infrastructure Projects Limited, Gandhi Special Tubes Limited, Garden Silk Mills Limited, GATI Limited, Gateway Distriparks Limited, Great Eastern Shipping Company Limited, Glenmark Pharmaceuticals Limited.

Gujarat Mineral Development Corporation Limited, Goa Carbon Limited, Godrej Industries Limited, Grindwell Norton Limited, Gujarat State Fertilizers & Chemicals Limited, GOL Offshore Limited, Gujarat Alkalies and Chemicals Limited, Gujarat Fluorochemicals Limited, GVK Power & Infrastructure Limited, HBL Power Systems Limited, HCL Technologies Limited, HEG Limited, HeidelbergCement India Limited, Hercules Hoists Limited, Hester Biosciences Limited,
Hexa Tradex Limited, Hinduja Global Solutions Limited, HIL Limited Hindalco Industries Limited, Hindustan Copper Limited, Hindusthan National Glass & Industries Limited, Hindustan Oil Exploration Company Limited, Hinduja Foundries Limited, Hotel Leela Venture Limited, Indiabulls Ventures Limited, ICICI Bank Limited,, IDBI Bank Limited, IDFC Limited, IFB Industries Limited, IFGL Refractories Limited, IL&FS Engineering and Construction Company Limited, IL&FS Transportation Networks Limited, Indian Metals & Ferro Alloys Limited, India Glycols Limited, Indian Bank, India Nippon Electricals Limited,, Indoco Remedies Limited, Indraprastha Medical Corporation Limited, Inox Wind Limited, Insecticides (India) Limited, Indian Overseas Bank, IRB Infrastructure Developers Limited, ISMT Limited, IL&FS Investment Managers Limited, IVRCL Limited, Jaihind Projects Limited, Jay Bharat Maruti Limited, JBF Industries Limited, JCT Electronics Limited, Jindal Saw Limited,, Jindal Steel & Power Limited, Jain Irrigation Systems Limited, JK Cement Limited, JK Tyre & Industries Limited, JM Financial Limited, Jaiprakash Associates Limited, Jaypee Infratech Limited, Jaiprakash Power Ventures Limited, Jindal Stainless Limited ,Jindal Stainless (Hisar) Limited, JSW Energy Limited, Jubilant Foodworks, Just Dial Limited, Kalpataru Power Transmission Limited, Kamat Hotels (I) Limited, Karma Energy Limited, Kaushalya Infrastructure Development Corporation Limited, Kemrock Industries and Exports Limited, Kirloskar Brothers Limited, Kitex Garments Limited, Kolte - Patil Developers Limited, Kopran Limited, Kotak Mahindra Mutual Fund, The Karnataka Bank Limited, L&T Finance Holdings Limited, Lakshmi Machine Works Limited, LG Balakrishnan & Bros Limited Liberty Shoes Limited, Lincoln Pharmaceuticals Limited, Larsen & Toubro Limited, Lux Industries Limited, Bank of Maharashtra, Mahindra CIE Automotive Limited, Maharashtra Seamless Limited, Manaksia Limited, Mangalam Cement Limited, Marksans Pharma Limited, Mastek Limited, Max India Limited, Maxwell Industries Limited, MBL Infrastructures Limited, Mcleod Russel India Limited, Multi Commodity Exchange of India Limited, MEP Infrastructure Developers Limited, Merck Limited, MM Forgings Limited, MMTC Limited, MOIL Limited, Monsanto India Limited,Monte Carlo Fashions Limited, Morarjee Textiles Limited, MRF Limited, MSP Steel & Power Limited, Munjal Auto Industries Limited, Munjal Showa Limited, Murli Industries Limited, State Bank of Mysore, Nahar Capital and Financial Services Limited, Nath Bio-Genes (India) Limited, National Steel And Agro Industries Limited, Navneet Education Limited, Nava Bharat Ventures Limited, Nestle India Limited, Network18 Media & Investments Limited, Neyveli Lignite Corporation Limited, NMDC Limited, Noida Toll Bridge Company Limited, Nalwa Sons Investments Limited, Oil India Limited, Oil Country Tubular Limited, OCL Iron and Steel Limited, Oil & Natural Gas Corporation Limited, Opto Circuits (India) Limited, Orchid Pharma Limited, Oriental Bank of Commerce, The Orissa Minerals Development Company Limited, PAE Limited, Palred Technologies Limited, Panacea Biotec Limited, Huhtamaki PPL Limited, Parabolic Drugs Limited, Paras Petrofils LimitedPeninsula Land Limited Power Finance Corporation Limited PTC India Financial Services Limited PG Electroplast Limited Phillips Carbon Black Limited Pilani Investment and Industries Corporation Limited Pitti Laminations Limited, Punjab National Bank, Pochiraju Industries Limited, Poly Medicure Limited, Prabhat Dairy Limited, Precot Meridian Limited, Premier Limited, Prism Cement Limited, Punjab & Sind Bank, Puravankara Projects Limited, Rain Industries Limited, Rainbow Papers Limited, Rane Holdings Limited, Ratnamani Metals & Tubes Limited, Raymond Limited, Rashtriya Chemicals and Fertilizers Limited, Rural Electrification Corporation, Repco Home Finance Limited, Rico Auto Industries Limited, Ramkrishna Forgings Limited, Radha Madhav Corporation Limited, Rolta India Limited, R. S. Software (India) Limited, R Systems International Limited, Sadbhav Engineering Limited, Sadbhav Infrastructure Project Limited, Steel Authority of India Limited, Salzer Electronics Limited, State Bank of Bikaner and Jaipur, State Bank of India, State Bank of Travancore, Schneider Electric Infrastructure Limited, Seamec Limited, Selan Exploration Technology, Star Ferro and Cement Limited, Shakti Pumps (India) Limited, Shalimar Paints Limited, Sharda Motor Industries Limited, Shreyas Shipping & Logistics Limited, Shriram EPC Limited Shyam Century Ferrous Limited, Simplex Infrastructures Limited Sintex Industries Limited, SKM Egg Products Export (India) Limited, SML Isuzu Limited, Snowman Logistics Limited, Sona Koyo Steering Systems Limited, Savita Oil Technologies Limited, The South Indian Bank Limited, Sun Pharma Advanced Research Company Limited, Speciality Restaurants Limited, The State Trading Corporation of India Limited, Styrolution ABS (India) Limited, Sundaram Finance Limited, Sundram Fasteners Limited, Sunteck Realty Limited, Supreme Infrastructure India Limited,Surana Industries Limited, Suven Life Sciences Limited, Suzlon Energy Limited, Syndicate Bank, Talbros Automotive Components Limited, Talwalkars Better Value Fitness Limited, Tata Chemicals Limited, Tata Coffee Limited, Tata Global Beverages Limited, Tata Investment Corporation, Tata Metaliks Limited, Tata Power Company Limited, Tata Sponge Iron Limited, Tribhovandas Bhimji Zaveri Limited, TCI Finance Limited, Tata Consultancy Services Limited, TD Power Systems Limited, Teamlease Services Limited, Tech Mahindra Limited, Tourism Finance Corporation of India Limited, Tilaknagar Industries Limited, Time Technoplast Limited, Timken India Limited, TTK Healthcare Limited, T T Limited

Meanwhile, the BSE Sensex is down 214 points at 22,737.