>INSIDE TRADING 29-12-2008

515055 Anant Raj Industries Ltd., Shri Ashok Sarin 22/12/2008 - 23/12/2008 B 6337 27859152 9.44 531881 Arvind Chemicals ltd. Newage Vinimay Pvt Ltd & Others 23/12/2008 B 50175 0.25 2248333 11.35 508136 B & A Ltd. Hemendra Prasad Barooah 24/12/2008 B 1730 837687 27.02 500039 Banco Products (India) Ltd., Mr. Mehul K. Patel 23/12/2008 B 7089 4217557 5.94 522261 Dolphin Offshore Enterprises (India) ltd. Mr. Navpreet Singh 24/12/2008 B 32 686712 7.18 522261 Dolphin Offshore Enterprises (India) ltd. Dolphin Offshore Projects Ltd 23/12/2008 - 24/12/2008 B 831 1713926 17.92 532751 EASUN REYROLLE LTD. Mr. Raj H. Eswaran 21/12/2008 B 234407 1.13 234407 1.13 532984 Enso Secutrack Ltd Corporate Strategies Pvt Ltd. 22/12/2008 - 23/12/2008 S 75000 0.67 705000 6.31 500144 Finolex Cables Ltd., Shri Atul C Choksey 22/12/2008 - 23/12/2008 S 15500 0.01 -- 500144 Finolex Cables Ltd., Shri Atul Choksey- HUF 22/12/2008 - 23/12/2008 S 2250 -- 500144 Finolex Cables Ltd., Smt. Parul Atul Choksey 22/12/2008 - 23/12/2008 S 6000 -- 532996 FIRST WINNER INDUSTRIES LTD Real Marketing Pvt Ltd. 19/12/2008 B 170000 0.95 1053869 5.94 532345 Gati Limited Mahendra Kumar Agarwal 24/12/2008 B 41000 1692465 1.99 532754 GMR Infrastructure Limited GMR Holdings Pvt Ltd 19/12/2008 - 23/12/2008 B 1660000 0.09 1348126210 74.04 522217 Gujarat Apollo Industries Ltd. ICICI Prudential Mutual Fund 15/12/2008 S 71157 0.68 510170 4.86 517271 HBL Power Systems Ltd. A. J. Prasad 17/12/2008 - 18/12/2008 B 4100 0.02 1922441 7.92 531524 I.C.S.A. (India) Ltd. G Bala Reddy 24/12/2008 B 50000 7315037 15.63 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 22/12/2008 B 48600 0.10 1781086 3.78 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 23/12/2008 B 47258 0.10 1828344 3.88 532617 Jet Airways (India) Ltd Baytree Investments(Mauritius) Pte Ltd 22/12/2008 S 125000 0.15 2532818 2.93 500380 JK Lakshmi Cement Limited Bengal & Assam Co. Ltd. -- B 9897398 16.18 14536558 23.76 532162 JK Paper Ltd. Bengal & Assam Co. Ltd. -- B 14242407 18.22 14344407 18.35 530007 JK Tyre & Industries Ltd. Bengal & Assam Company Ltd. -- B 8124146 19.80 8434250 20.55 502937 Kesoram Industries Ltd Smt. Manjushree Khaitan 19/12/2008 B 75 200614 0.43 516007 Mangalam Timber Products Ltd., Smt. Vidula Jalan. 22/12/2008 B 6129 96388 0.52 532819 MindTree Limited LSO Investments Pvt Ltd 18/12/2008 - 19/12/2008 S 69000 1815663 4.78 532819 MindTree Limited Rostow Ravanan 17/12/2008 - 19/12/2008 S 17249 517872 1.36 532819 MindTree Limited Subroto Bagchi 17/12/2008 S 2000 2158577 5.68 532819 MindTree Limited Janakiraman S 17/12/2008 - 19/12/2008 S 2031 1061768 2.79 532912 Net 4 India Ltd. Sterling Capital P ltd -- B 55058 0.33 2317600 13.84 532541 NIIT Technologies Limited Rajendra Singh Pawar 22/12/2008 - 23/12/2008 B 95056 856446 1.46 526753 Roselabs Ltd Singhal Overseas Ltd -- S 23050 1793670 15.78 532993 Sejal Architectural Glass Limited Sejal Finance Ltd. 24/12/2008 B 38000 194392 0.69 532993 Sejal Architectural Glass Limited Dhiraj Shivji Gada. 24/12/2008 B 10000 1324250 4.73 532993 Sejal Architectural Glass Limited Mitesh Kanji Gada. 23/12/2008 B 50000 1415750 5.06 532993 Sejal Architectural Glass Limited Shantilal Shivji Gada. 22/12/2008 B 52000 1423500 5.08 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M. Doshi 24/12/2008 B 1 1032948 20.65 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M. Doshi 22/12/2008 B 1 1032895 20.65 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M. Doshi 23/12/2008 B 52 1032947 20.65 502563 Shree Bhawani Paper Mills Ltd., Alankar Tandon 20/12/2008 S 10400 -- 532833 SPARSH BPO SERVICES LIMITED Mr. Kapil Puri 19/12/2008 B 3184 0.02 1183176 7.33 505196 TIL Ltd., Marbellous Trading (P) Ltd. 15/12/2008 B 209000 2.09 603535 6.02 505196 TIL Ltd., Marbellous Trading (P) Ltd. 16/12/2008 B 63000 0.62 666535 6.64 505196 TIL Ltd., Avijit Mazumdar 17/12/2008 B 55000 458301 4.57

B - Buy

S - Sale

RESEARCH REPORTS