Daily Market Roundup 12 March 2013 Indices India Mar 11 1D% Change 1M% Change 3M% Change S&P

BSE Sensex 19646 -0.19 0.95 1.34 CNX Nifty 5942 -0.06 0.75 0.74 Global Mar 11 1D% Change 1M% Change 3M% Change DJIA 14447 0.35 3.41 9.05 Nasdaq 3253 0.26 1.91 7.63 Hang Seng 23091 0.00 -0.54 3.44 Debt Market Indicators Call Rate 7.85% 10 Yr Gilt 7.84% 3-mth CP rate 9.86% 5 yr Corp Bond 8.85% G-sec Volume (Rs Cr) 16005 Currencies Vs INR Mar 11 Mar 8 USD 54.40 54.28 GBP 81.09 81.57 Euro 70.61 71.24 100 Yen 56.52 57.06 Commodity Prices Mar 11 1W% Change 1M% Change 1Y% Change NYMEX Crude Oil ($/bbl) 92.06 2.15 -5.12 -14.28 Gold (Rs /10 gm)# 29308 -0.92 -3.65 5.57 # NCDEX spot prices New Fund Offers Scheme Open Date Close Date Debt Funds DSP-BR FMP- Sr-89 (12M) (G) 8-March-13 14-March-13 ICICI Pru IF Sr 6-AIP-D (G) 7-March-13 14-March-13 Equity Funds HDFC RGESS -Sr 1-Feb-13 (G) 18-Feb-2013 15-March-13 R*Shares CNX 100 Fund 19-Feb-2013 15-March-13 Mutual Funds Dividends Declared Scheme Record Date Dividend (%) Reliance FHF XXII Series 12 12-March-13 EDS Kotak Q Interval Series 1 13-March-13 EDS * EDS Entire Distributable Surplus Nifty Top Out performers % Change Top Under performers % Change Siemens 5.52 Hero Motocorp -2.62 DLF 2.97 IDFC -1.53 Tata Power 2.38 BPCL -1.37 Rs. Cr FII Inv (Equity) Mar 8 MF Inv (Equity) Mar 8 Buy 3443 NA Sell 2076 NA Net 1367 NA

FII Derivative Trade Statistics Mar 8 (Rs cr) Buy Sell Open Interest Index Futures 2180.14 1611.18 9901.33 Index Options 15460.64 15249.30 47546.47 Stock Futures 1563.46 1068.29 25595.34 Stock Options 1066.78 1234.95 3105.23 Indian Equity Domestic equity benchmarks ended slightly lower on Monday on the back of profit booking amid weak European cues. Key European markets declined after Fitch Ratings downgraded Italy's credit rating to BBB+ from A- and on disappointing inflation and industrial production data from China. Sectors such as IT, metal and oil and gas were laggards while real estate, power and pharma gained the most. Profit booking weighed on IT shares with Infosys, Wipro and TCS losing 0.82%, 1.3% and 1.7%, respectively. Metal shares ended in red following disappointing Chinese economic data with Jindal Steel dropping 1.1%. Auto sector was hit by weak February sales data Bajaj Auto, Hero MotoCorp (the top Nifty loser), Tata Motors, Eicher Motors and Ashok Leyland, falling 0.74-2.62%. Meanwhile, shares of L&T, Ranbaxy and Siemens (the top Nifty gainer) were among the gainers, advancing 0.8-5.5%. Indian Debt Domestic call money rate ended higher at 7.80-7.85% on Monday as against 7.65-7.70% on Friday as demand for funds was strong at the beginning of the new Reporting Fortnight. Government bond prices ended steady on Monday after a lackluster session due to caution ahead of data releases on industrial production and inflation, which are seen as crucial inputs for the RBIs interest rate decision this month. The 10 year benchmark 8.15%, 2022 bond ended flat at 7.84% yield on Monday. Bonds spent most of the session in the negative territory as RBI Governors remarks post market hours on Friday raised concern that the central bank might refrain from lowering rates at its mid-quarter policy review on Mar 19. The RBI Governor said the central bank does not accept high inflation as the new normal, notwithstanding the rise in inflation over the past three years. However, the gilts recouped most of their intraday losses as data released showed India's trade deficit shrinking to an eight-month low in February, which improved the outlook on the external position. Bond prices also gained some support from expectations of open market operations by the RBI, as liquidity showed signs of strain ahead of the corporate advance tax payment due later this week. Global Indices Straits Times index closed marginally higher on Monday as investors grew cautious over weak Chinese economic data. Nikkei index rose on Monday on tracking gains on the Wall Street, and as the yen continued to weaken on hopes for policy easing measures. Hang Seng index closed flat on Monday as weak Chinese economic data offset positivity on the back of strong US jobs data. FTSE index posted modest gains on Monday as earlier losses on the back of weak Chinese data were recovered by

gains in shares of Vodafone Group PLC and SAB Miller PLC. Dow Jones ended higher on Monday reaching a new high on stock specific buying. Capital Market RBI says Indian companies invested $1.65bn abroad in February, down 49% from the previous month. BSE says it will shift 20 scrips to the restricted trading category with effect from March 15 to ensure market safety. BSE launches a beta version of its online member surveillance system e-Boss. A consortium of 25 banks led by United Bank of India decides to sell some properties belonging to Magnificent Construction Pvt Ltd, Zoom Developers Pvt Ltd, Zoom Softech Pvt Ltd and Brilliant Infrastructure Pvt Ltd owing to the failure of these companies to repay dues. GVK Coal Infrastructure (Singapore) Pte Ltd signs an agreement with Australia's Aurizon to sell 51% in its arm, Hancock Coal Infrastructure Pty Ltd, to jointly develop the rail and port infrastructure in Galilee Basin. SREI Infrastructure Finance seeks SEBIs nod to raise up to Rs.150cr through issue of nonconvertible debentures. Regulatory SEBI notifies new guidelines for 'associated persons' working as compliance officers of market intermediaries such as brokers and credit rating agencies, making it compulsory for them to get requisite certifications to operate in the stock markets. DoT seeks the defence ministrys approval to classify select telecom products as security sensitive in the run-up to mandating 100% domestic sourcing for private sector gear procurements. According to IRDA guidelines, independent rating agencies will now be allowed to evaluate unitlinked insurance products to help policyholders better assess and compare insurance products. IRDA asks life insurers to disclose the reduction in yield on a monthly basis to customers of unit linked products. Economy Indias exports grew 4.3% on year to $26.26 bn in February, while imports rose 2.6% to $41.18 bn, resulting in trade deficit of $14.92 bn in February; the trade deficit was $14.93 bn in February last year and $20bn a month ago. World Bank says the Indian economy will soon return to high growth path of 6% next year and more thereafter. United Nations Conference on Trade and Development (UNCTAD) says the Indian governments move to amend the Income Tax Act, 1961, with retrospective effect announced last year has shaken investors confidence in the country. International OECD areas composite leading indicator increased to 100.4 in January from 100.3 in December. European Central Banks Vice-President says that lower interest rates are not being passed on fully by banks in some countries. A Bank of Japan board member says that that Japan can achieve the 2% inflation target, if the bank proceeds with powerful monetary easing along with measures to boost the economy's growth potential. Japans Tertiary index fell 1.1% in January, compared with a 1.1% gain in December. Mutual Funds DSP BlackRock MF launches the new fund offer of DSPBR FMP Series 90 12M; the NFO will be open for subscription

from March 14, 2013 to March 19, 2013. Source: CRISIL Disclaimer: The information contained in this report has been obtained from sources considered to be authentic and reliable. However, IDBI is not responsible for any error or inaccuracy or for any losses suffered on account of information contained in this report. IDBI does not solicit any action and is not liable for any investment decisions if made on the basis of this report. CRISIL Research, a Division of CRISIL Limited has taken due care and caution in preparing this Report. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. CRISIL is not liable for investment decisions which may be based on the views expressed in this Report. CRISIL especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this Report. CRISIL Research operates independently of, and does not have access to information obtained by CRISILs Ratings Division, which may, in its regular operations, obtain information of a confidential nature which is not available to CRISIL Research. No part of this Report may be published / reproduced in any form without CRISILs prior written approval.