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TRADING SUMMARY OF INDIAN STOCK MARKET

(AS ON 08/09/2014 to 12/09/2014)

Submitted by:

Anil Barot

Kruti barad

Dhara Bhatt

Anil Bhatiya

Abdul Samad

Markets Last Week For the period - Mon 08 Sep 2014 to Fri
12 Sep 2014

CNX NIFTY

Major Gainers / Losers Last week

Investors category wise turnover

Day wise Trading Highlights

MARGIN TRADING OF 10 COMPANIES

TRADING HIGHLIGHTS

Scrip Wise High Low Position of the company

BUSINESS
NEWS

Business News (8/9/2014 to 12/9/2014)

Airtel sells 3,500 telecom towers in Africa to


Eaton Towers

As part of the deal, Airtel will sell and lease back over
3,500 towers to Eaton in six countries across its African
operations under a 10-year contract.
The company said this agreement will allow Airtel to
focus on its core business and customers, enable it to
deleverage through debt reduction, and will significantly
reduce its on-going capital expenditure on passive
infrastructure.

ICICI Bank shares to be split into face value of Rs 2

ICICI Bank has said that it plans to split each of the bank's share with a
face value of Rs 10 into five shares with a face value of Rs 2 each. The
move is aimed at improving liquidity in the bank's scrip.
The board of directors of the bank in their meeting on Tuesday considered
and approved the sub-division of shares. Splitting the shares of a company
does not impact its intrinsic value but it does make shares affordable to
small investors. The ICICI Bank scrip closed at Rs 1540 down by 1.31%
or Rs 20.50 in the stock exchanges on Tuesday.
Each American Depositary Share (ADS) of ICICI Bank will continue to
represent two underlying equity shares as at present. The number of ADSs
held by an American Depositary Receipt holder would consequently
increase in proportion to the incr ease in number of equity shares.

Private bank chiefs can work till 70: RBI

In a move that will give HDFC Bank chief Aditya Puri and IndusInd Bank
MD Romesh Sobtimany more years at the helm, the RBI has said that bank
chiefs and whole-time directors can stay on till 70. This is a major
relaxation compared to the retirement age of 65 recommended by an RBI
panel earlier this year.
In a communication to all banks on Tuesday, the RBI said that it has
examined the matter relating to fixing an upper age limit for the post of
managing directors, chief executive officers and whole-time directors of
private banks in India. The central bank said that it has reviewed its
position in light of the provisions of the Companies Act, 2013 [Section
196(3)] which prescribe that 'no company shall appoint or continue the
employment of any person as managing director, whole-time director or
manager who is below the age of 21 years or has attained the age of 70
years'.

ITC, L&T can help govt raise over Rs 43k cr

The government has lined up big bang stake sale in blue chip public sector
stocks Coal India, ONGC and NHPC to raise over Rs 45,000 crore
but has so far done little to offload its shares in ITC and Larsen & Toubro,
which can help it mobilize another Rs 43,500 crore.

While the proposal has been on the table for over five years now, the
finance ministry has repeatedly deferred a decision on sale of shares in
these two private companies that have no promoter group at the helm,
amid intense lobbying to prevent the government from offloading its stake.
At the same time, more shares of Axis Bank the third prominent nonPSU in the portfolio are expected to be sold in the market as the
government chases record disinvestment receipts of over Rs 58,000 crore.

Insurance funds pile up for want of bank account;


insurers bank on Jan Dhan Yojana

PM Narendra Modi launches Jan Dhan Yojana, calls for freedom from 'financial
untouchability'
Narendra Modi launched his government's mega scheme 'Jan Dhan Yojana' declaring...
'PM's Jan-Dhan Yojana to boost financial inclusion plan'
Under 'Jan-Dhan Yojana', a person who will open bank account will get a debit card and
the family will get Rs 1 lakh insurance cover
Narendra Modi govt to focus on executing key projects to build credibility
The PM will flag off the financial inclusion plan Jan Dhan Yojana, aimed at bringing
unbanked areas into the fold of official financial channels.
India-Asean FTA delayed by Jan Dhan Yojana roll-out
Nirmala Sitharaman cancelled her visit to Myanmars capital as she was asked by the
PM Narendra Modi to finalise the Jan Dhan Yojana project.
'Jan Dhan' can give a decisive push to financial inclusion
For the first time, a viable and useful shape of a real financial inclusion plan has
emerged, along with an actual name, the Jan Dhan Yojana.
Ahead of Pradhan Mantri Jan Dhan Yojana launch, PM Narendra Modi asks banks to
ensure accounts to all
Narendra Modi said, "We need to enroll over 7 crore households and open their
accounts."

Sensex rises for 5th straight week

Markets on Friday snapped a three-day losing run with the sensex rising 65
points to reclaim the 27,000-mark and the nifty gaining 20 points to end
above 8,100-level on buying in select bluechips ahead of IIP and retail
inflation data.
Both benchmark indices also logged their fifth straight weekly riseone
of the longest string of wins in 12 months. Traders said activity was
choppy as some participants exercised caution ahead of macroeconomic
data releases. Mixed global cues also capped gains, they added.
Select pharma, consumer durable, auto and FMCG stocks were in demand
while power, capital goods, realty and metal shares attracted profitbooking. Smart rise mainly in ITC, Cipla, HDFC and Maruti Suzuki shares
aided the rebound. Laggards included Hindalco, Sun Pharma, RIL, NTPC,
L&T, Infosys, ICICI Bank and Coal India.

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