Check out 10 stocks whose P/E ratios skyrocketed.

Source: economictimes.indiatimes.com

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DENIP Consultants Pvt. Ltd.

Markets Today - 4/8/2010 - Disclaimer Post Applies

Nifty futures trading at a discount to spot because of dividend, higher call activity at 5,500 strike price along with major put writing at 5,400 levels indicates markets to be range bound. So, we see markets to trade above 5,400 but below 5,500 for intermediate period. The range for August series would be 5,600 and 5,300.

Option Analysis:

·         Call writing: In today’s trading session major shedding was witnessed at 5,400 CE of 8 lakh shares and fresh writing of 5.25 lakh shares at 5,600 CE. Out of the total outstanding open interest ~52% is witnessed at 5,600 CE and 5,500 CE. Concentration is observed at 5,600 CE of 79 lakh shares.

·         Put Writing: On the other hand, fresh addition was seen between 5,500 PE and 5,000 PE with maximum at 5,400 PE of 12 lakh shares. ~38% of the total put open interest is witnessed at 5,400 PE and 5,300 PE. Concentration is observed at 5,300 PE of 91 lakh shares

Implications: Heavy call writing at higher levels and put writing at lower levels indicates markets to trade in a narrow range. However more call writing at 5,500 indicates strong resistance level and more of put writing at 5,400 indicates strong support level. The wide range for August series is 5,600 and 5,300 on account of concentration.

FIIs and DIIs activity in capital market segment

·         FIIs were net buyers of Rs 688 crore with Gross buyers of Rs 2,715 crore and Gross Sellers of Rs 2,027 crore.

·         DIIs were net sellers of Rs 276 crore with Gross buyers of Rs 1,016 crore and Gross sellers of Rs 1,292 crore.

India VIX (Inverse relationship between Nifty and Indian VIX)

·         Volatility for 4^th August, 2010 close at 17.04 which is 2.91% lower as compared to previous close, after touching an intraday high of 17.64 and low of 16.74.

Implications: Indian VIX plunged further for consecutive third trading session and made a new low of 16.74. We expect it to move upwards and are Bullish on the same which would have negative effect on Nifty.

Markets Today - 3/8/2010 - Disclaimer Post Applies

Nifty futures trading at a discount to spot, higher put writing than call at 5,400 indicates markets taking strong support at current levels. So, we see markets to trade above 5,400 but below 5,500 for intermediate period. The range for August series would be 5,500 and 5,300.

Option Analysis:

·         Call writing: In today’s trading session shedding was witnessed at in-the-money strikes, whereas maximum writing was seen at 5,500 and 5,400 CE of 7.23 lakh shares and 4.7 lakh shares. Concentration is observed at 5,500 CE of 76 lakh shares.

·         Put Writing: On the other hand, fresh addition was seen between 5,700 PE and 5,200 PE with maximum at 5,400 PE of 10 lakh shares. Concentration is observed at 5,300 PE of 84 lakh shares

Implications: More of call writing than puts at higher level implies that market is faces resistance at higher levels and higher put concentration than calls at 5,400 level indicates market would take a strong support at this level for intermediate term. Thus, we expect market to trade between 5,500 and 5,300 for August series on account of concentration.

FIIs and DIIs activity in capital market segment

·         FIIs were net buyers of Rs 607 crore with Gross buyers of Rs 3,047 crore and Gross Sellers of Rs 2,439 crore.

·         DIIs were net sellers of Rs 152 crore with Gross buyers of Rs 948 crore and Gross sellers of Rs 1,100 crore.

India VIX (Inverse relationship between Nifty and Indian VIX)

·         Volatility for 3^rd August, 2010 close at 17.55 which is 2.45% lower as compared to previous close, after touching an intraday high of 18.26 and low of 16.78.

Implications: Indian VIX plunged further in today’s trading session and is trading at its support. We expect it to move upwards and are Bullish on the same which would have negative effect on Nifty

Listing of Equity Shares of Midfield Inds Ltd.

Equity Shares of Midfield Inds Ltd are listing at BSE on Wednesday 4th August, 2010.


The issue price of the same is Rs. 133/- and Scrip Code 533220.

Prakash Steelage - IPO Details -

Birla Sunlife Mutual Fund declares Dividend.

Mr. Gaurav Agarwal joins DENIP Consultants Private Limited

We take immense pleasure in informing you all that Mr. Gaurav Agarwal has joined DENIP Consultants Pvt. Ltd. as Dealer - Equity & Derivatives. Gaurav is currently pursuing his BCOM from R.Jhunjhunwala College of Arts & Commerce.

We wish him the best of luck for this opportunity and know that he will give his best in this job.

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DENIP Consultants Pvt. Ltd.

IPO of SKS Microfinance Ltd : Subscription Figures

Category	Shares offered		Shares bid		Subscription level (x)
QIB	7,052,464		143,720,703		20.38x
Non Institutional Investors	1,679,157		30,658,796		18.26x
Retail Individual Investors	5,037,474		12,151,783		2.41x
Total	13,769,095		186,531,282		13.55x

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Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

Bajaj Corp IPO detail.

Ms. Minita Aiya joins DENIP Consultants.

We take immense pleasure in informing you all that Ms. Minita Aiya has joined DENIP Consultants Pvt. Ltd. as Trainee - Client Servicing. Minita is currently pursuing her BCOM from K.J. Somaiya College of Commerce & Arts.

We wish her good luck for this opportunity and know that she will give her best in this job.


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DENIP Consultants Pvt. Ltd.