>INSIDER TRADING 07-01-2009

500425 Ambuja Cements Ltd. B L Taparia 31/12/2008 S 20000 610250 0.04 531881 Arvind Chemicals ltd. Newage Vinimay Pvt. Ltd & Ors 01/01/2009 - 02/01/2009 B 120886 0.61 2740652 13.84 531541 Avon Organics Ltd. Mr.Rajesh Agarwal 22/12/2008 S 776724 100726 531541 Avon Organics Ltd. Mr. P R Agarwal 22/12/2008 S 203789 753711 531541 Avon Organics Ltd. Mr. Umesh Agarwal 22/12/2008 S 5635 365 531541 Avon Organics Ltd. Mrs. Sarita Agarwal 22/12/2008 B 783411 105709 531541 Avon Organics Ltd. Mrs. Madhu Agarwal 22/12/2008 S 184085 111915 531541 Avon Organics Ltd. Mrs. Urmila Agarwal 22/12/2008 S 13525 100875 531541 Avon Organics Ltd. Mr. Tarush Agarwal 22/12/2008 S 6950 450 531541 Avon Organics Ltd. M/s Hyderabad Met Chem Pvt Ltd 22/12/2008 S 99086 35014 500031 Bajaj Electricals Ltd., Rahul Bajaj 30/12/2008 B 368372 2.13 1336516 7.73 500031 Bajaj Electricals Ltd., Rahul Bajaj - HUF 30/12/2008 B 56520 0.33 188520 1.09 500031 Bajaj Electricals Ltd., Estate of Late Shri Kamalnayan Bajaj 30/12/2008 - 31/12/2008 S 11400 0.06 -- 500031 Bajaj Electricals Ltd., Kamalnayan Bajaj- HUF 30/12/2008 S 56520 0.33 -- 504646 Bhagwati Autocast Limited Ms. Reena P. Bhagwati. 29/12/2008 - 31/12/2008 B 690 0.00 303862 10.54 504646 Bhagwati Autocast Limited Mrs. Mandakini P Bhagwati. 29/12/2008 - 30/12/2008 B 500 233071 8.09 512296 Bhagyanagar India Limited Surana Telecom and Power Ltd 28/12/2008 - 02/01/2009 B 88621 812122 1.09 511501 Bharat Bhushan Share & Commodity Brokers Ltd. Mr. Vijay Bhushan 03/11/2008 - 31/12/2008 B 17323 677384 20.04 533006 Birla Cotsyn (India) Limited Bilpower Limited 31/12/2008 S 928572 0.79 3788675 3.24 532813 C & C Constructions Ltd. Charanbir Singh Sethi 02/01/2009 B 22927 2242179 12.27 532813 C & C Constructions Ltd. Rajbir Singh 31/12/2008 - 05/01/2009 B 6000 2533204 13.87 532813 C & C Constructions Ltd. Sanjay Gupta 29/12/2008 - 02/01/2009 B 20945 30249 0.16 532813 C & C Constructions Ltd. Amrit Pal Singh 31/12/2008 - 06/01/2009 B 22650 2173240 11.90 530871 Chembond Chemicals Ltd. Dr. Vinod D. Shah. 31/12/2008 B 650 440855 511072 Dewan Housing Finance Corpn. Ltd., Wadhawan Holdings Pvt Ltd 31/12/2008 B 11661 0.02 4030138 6.66 522261 Dolphin Offshore Enterprises (India) ltd. Dolphin Offshore Projects Ltd 02/01/2009 - 05/01/2009 B 2158 0.02 1719795 17.98 526227 Filatex India Ltd. Nouvelle Securities Pvt Ltd 01/01/2009 B 2500 0.01 267131 1.56 526227 Filatex India Ltd. Nouvelle Securities Pvt Ltd 02/01/2009 B 8345 0.05 275476 1.61 532345 Gati Limited Krishan Lal Chugh 01/01/2009 S 20220 11665 0.01 509567 Goa Carbon Ltd., Shrinivas V Dempo 31/12/2008 B 101 100311 1.09 532015 Gravity (India) Ltd. Smt. Dakshaben R Thakkar 31/12/2008 B 1098 0.01 55524 0.62 523477 Gujarat Gas Co. Ltd. GGCL-Employee Welfare Stock Option Trust 24/12/2008 - 30/12/2008 B 25700 31770 0.04 523477 Gujarat Gas Co. Ltd. GGCL-Employee Welfare Stock Option Trust 31/12/2008 B 10000 41770 0.06 500184 Himadri Chemicals & Industries ltd. Himadri Dyes & Intermediates Ltd 29/12/2008 - 02/01/2009 B 2700000 8.48 6726919 21.12 500184 Himadri Chemicals & Industries ltd. Bankeylal Choudhary 29/12/2008 - 30/12/2008 S 724500 148428 0.46 500184 Himadri Chemicals & Industries ltd. Damodar Prasad Choudhary 30/12/2008 - 02/01/2009 S 1975500 372928 1.17 500202 India Lease Devl. Ltd., MGF Services Ltd. 06/01/2009 B 1975 256084 2.51 500202 India Lease Devl. Ltd., MGF Services Ltd. 05/01/2009 B 6545 254109 2.49 532881 IVR Prime Urban Developers Limited R Balarami Reddy 24/12/2008 B 100000 131750 0.21 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 02/01/2009 B 5021 0.01 1908996 4.06 511131 Kamanwala Housing Construction Ltd Sudha Gupta 31/12/2008 S 1147 240311 1.70 532747 Kingfisher Airlines Limited Capt. K J Samuel 04/12/2008 - 05/12/2008 S 800000 7956807 500257 Lupin Ltd Varun Khanna 31/12/2008 S 1250 48000 0.05 500257 Lupin Ltd Shobhna Khanna 01/01/2009 - 02/01/2009 S 4000 88000 0.10 524232 Maharashtra Polybutenes Ltd Brijmohan Rathi 17/10/2008 S 300000 1.93 -- 524232 Maharashtra Polybutenes Ltd Brijmohan Rathi 19/12/2008 S 100000 0.65 -- 524232 Maharashtra Polybutenes Ltd Brijmohan Rathi 31/12/2008 S 50000 0.32 -- 531131 Mascon Global Ltd Mr. K Chandra 04/01/2009 B 2982456 22152049 5.99 511688 Mathew Easow Research Securities Lt Mathew Easow Fiscal Services Ltd 24/03/2006 - 23/12/2008 B 78594 2.62 -- 511688 Mathew Easow Research Securities Lt Mathew Easow Fiscal Services Ltd 23/03/2006 - 23/12/2008 S 46525 1.55 1460967 48.70 532907 Maytas Infra Limited HDFC Growth Fund. 12/08/2008 - 17/10/2008 B 500000 0.85 861912 1.46 532907 Maytas Infra Limited HDFC Children's Gift Fund. 16/12/2008 - 17/12/2008 S 8000 0.01 -- 532907 Maytas Infra Limited HDFC Prudence Fund. 18/12/2008 - 26/12/2008 S 800000 0.00 -- 532907 Maytas Infra Limited HDFC MF Monthly Income Plan-Long Term. 29/08/2008 S 75000 0.12 -- 532907 Maytas Infra Limited HDFC Multiple Yield Fund. 17/12/2008 S 15700 0.02 -- 532907 Maytas Infra Limited HDFC Multiple Yield Fund - Plan 2005. 04/08/2008 S 5300 0.00 -- 532907 Maytas Infra Limited HDFC Long Term Equity Fund. 19/12/2008 - 26/12/2008 S 249562 0.42 547886 0.93 532907 Maytas Infra Limited HDFC Infrastructure Fund. 12/06/2008 B 40000 0.06 0 0.00 532907 Maytas Infra Limited HDFC Infrastructure Fund. 17/10/2008 S 325000 0.55 710569 1.20 532907 Maytas Infra Limited HDFC MF Monthly Income Plan-Long Term. 17/12/2008 - 18/12/2008 S 175000 0.29 -- 532907 Maytas Infra Limited HDFC Prudence Fund. 12/08/2008 S 100000 -- 501343 Motor & General Finance (M.G.F.) Lt MGF Services Ltd. -- B 8229 0.04 382596 1.97 500460 Mukand Ltd., Rahul Bajaj 30/12/2008 B 41330 0.05 70630 0.09 500460 Mukand Ltd., Rahul Bajaj - HUF 30/12/2008 B 1892 5192 0.01 500460 Mukand Ltd., Estate of Late Shri Kamalnayan Bajaj 30/12/2008 - 31/12/2008 S 2100 -- 500460 Mukand Ltd., Kamalnayan Bajaj - HUF 30/12/2008 S 1892 -- 526721 Nicco Parks And Resorts Ltd. Rajive Kaul 31/12/2008 - 01/01/2009 B 300 178300 3.80 532718 Pratibha Industries Ltd. Mr. Ajit Bhagwan Kulkarni 31/12/2008 B 52000 1453532 8.71 532791 PYRAMID SAIMIRA THEATRE LTD. Nirma Kotecha 19/12/2008 - 23/12/2008 S 1836844 6.49 4379709 15.48 526753 Roselabs Ltd Singhal Overseas Ltd -- S 10801 1236233 10.87 500376 Satyam Computer Services Ltd SRSR Holdings Pvt Ltd -- S 10290000 1.53 24289497 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M Doshi 02/01/2009 B 1 1033476 20.65 511754 Shalibhadra Finance Ltd. Mrs. Sheetal M Doshi 01/01/2009 B 152 1033475 20.65 511413 Sharyans Resourses Ltd. Zainab Wahedna 01/01/2009 B 46000 491000 3.30 511413 Sharyans Resourses Ltd. Zainab Wahedna 02/01/2009 B 81000 572000 3.84 512289 Shirpur Gold Refinery Ltd. Jayneer Capital Pvt Ltd 29/12/2008 - 31/12/2008 B 521933 3.55 7611003 48.91 512289 Shirpur Gold Refinery Ltd. Jayneer Capital Pvt Ltd 30/12/2008 B 7089070 45.55 -- 532833 SPARSH BPO SERVICES LIMITED Mr. Kapil Puri 01/01/2009 - 02/01/2009 B 4474 1191117 7.38 532348 Subex Ltd Subash Menon 31/12/2008 B 14500 2495767 7.16 524542 Sukhjit Starch & Chemicals Ltd. Shri I K Sardana 31/12/2008 B 860 359810 4.87 524542 Sukhjit Starch & Chemicals Ltd. Shri K K Sardana 02/01/2009 B 3065 375138 5.08 532874 Suryachakra Power Corporation Ltd. Mrs. M. Mangatayaru 30/12/2008 - 01/01/2009 B 8726 1252877 1.63 530239 Suven Life Sciences Ltd. Madhavi Jasti 31/10/2008 - 29/12/2008 B 201753 9443793 8.15 530239 Suven Life Sciences Ltd. Kalyani Jasti 31/10/2008 - 20/11/2008 B 217744 9414000 8.12 532890 Take Solutions Ltd R. Sundara Rajan. 03/12/2008 B 10000 15370 0.01 500148 Uflex Limited Flex International Pvt Ltd 01/01/2009 B 1000 27728005 500427 Uniflex Cables Ltd. H N Shah 02/01/2009 B 100 100 526879 UT Ltd. Smt. Vandana khaitan 29/12/2008 - 30/12/2008 B 10685 168790 2.77 511333 VLS Finance Limited M.P. Mehrotra (HUF). 30/12/2008 B 19200 0.04 510025 1.28 500575 Voltas Ltd., Life Insurance Corporation of India 28/01/2005 - 22/12/2008 B 7001901 2.11 35424071 10.70

B - Buy

S - Sale

RESEARCH REPORTS

>ICICI Bank Technical analysis

We are witnessing temporary injections all over the world in banking sector.
Indian Banking sector was also given some relief by reducing CRR ratio, repo rate
and the SLR whenever was needed.

Which in turn helped in nice swift rally in banking scripts.
ICICI bank saw handsome 300-500+ in a matter of approximately 2 months.
Hourly chart shows an impulse up ,Which is almost at its end.
We can witness good correction in this script from present levels.
Profit booking is advisable.
480 remains a good support.

Regards
Rish

RESEARCH REPORTS

>INSIDER TRADING 06-01-2009

506074 Arshiya International Ltd Paul William Bradley. 31/12/2008 S 255000 245000 0.42 531881 Arvind Chemicals ltd. Newage Vinimay Pvt Ltd & Others. 30/12/2008 - 31/12/2008 B 184499 0.93 2619766 13.23 531881 Arvind Chemicals ltd. Gaurav Vinimay Pvt Ltd & Others 29/12/2008 B 84930 0.43 2435267 12.30 530355 Asian Oilfield Services Ltd. Enso Oil Pvt Ltd 31/12/2008 S 224000 1.98 516000 4.57 508136 B & A Ltd. Hemendra prasad Barooah 30/12/2008 B 826 838522 532977 Bajaj Auto Limited Sanjvnayan Bajaj 30/12/2008 B 11453 412724 0.28 532977 Bajaj Auto Limited Smt. Sunaina Kejriwal 31/12/2008 B 3817 213937 0.15 532978 Bajaj Finserv Limited Sanjivnayan Bajaj 30/12/2008 B 11453 412724 0.28 500032 Bajaj Hindustan Ltd., Niravnayan Trust 30/12/2008 S 5000 -- 500032 Bajaj Hindustan Ltd., Niraj Bajaj 30/12/2008 S 168000 0.12 -- 500032 Bajaj Hindustan Ltd., Niravnayan Bajaj 30/12/2008 S 129000 0.09 -- 500032 Bajaj Hindustan Ltd., Shishir Bajaj 30/12/2008 B 41696440 45684000 32.31 500032 Bajaj Hindustan Ltd., Bachhraj & Company Pvt Ltd 30/12/2008 S 34696250 24.54 -- 500032 Bajaj Hindustan Ltd., Niraj Bajaj -HUF 30/12/2008 S 20000 0.01 -- 500032 Bajaj Hindustan Ltd., Minal Bajaj 30/12/2008 S 141500 0.10 -- 500032 Bajaj Hindustan Ltd., Rahul Bajaj 30/12/2008 - 31/12/2008 S 41582670 29.41 0 500032 Bajaj Hindustan Ltd., Rahul Bajaj 30/12/2008 B 41290380 29.20 41582670 29.41 500490 Bajaj Holdings & Investment Limited Sanjivnayan Bajaj 30/12/2008 B 11453 0.01 412724 0.41 500490 Bajaj Holdings & Investment Limited Smt. Sunaina Kejriwal 31/12/2008 B 3817 213937 0.21 500039 Banco Products (India) Ltd., Vimal K Patel 30/12/2008 - 31/12/2008 B 1208 4658404 6.56 532430 BF Utilities Ltd. Mr. Amit B. Kalyani. 31/12/2008 B 5000 28270 0.07 532454 Bharti Airtel Ltd. Indian Continent Investment Ltd -- B 2441000 0.13 119084723 6.27 532330 Biopac India Corporation Ltd Pankaj B Doshi 30/12/2008 B 2000 3190614 19.94 532330 Biopac India Corporation Ltd Pankaj B Doshi 31/12/2008 B 4000 3194614 19.96 530871 Chembond Chemicals Ltd. Visan Holdings & Financial Ser Pvt Ltd. 29/12/2008 B 100 123417 522261 Dolphin Offshore Enterprises (India) ltd. Dolphin Offshore Projects Ltd. 30/12/2008 - 31/12/2008 B 3150 0.03 1717637 17.96 532345 Gati Limited Krishna Lal Chugh 29/12/2008 - 30/12/2008 S 37320 31885 0.03 532767 Gayatri Projects Limited Mr. T V Sandeep Reddy 02/01/2009 B 4701 1385515 13.71 532767 Gayatri Projects Limited Mr. T.V. Sandeep Kumar Reddy. 31/12/2008 B 11874 1380564 13.66 532767 Gayatri Projects Limited Mr. T.V. Sandeep Kumar Reddy. 01/01/2009 B 250 1380814 13.66 500182 Hero Honda Motors Ltd. Life Insurance Corporation Of India. 11/04/2008 - 30/12/2008 S 4051872 2.02 9961059 4.98 522073 Hi-Tech Gears Ltd., Mr. Pranav Kapuria. 23/12/2008 - 31/12/2008 B 3137 393184 4.19 522073 Hi-Tech Gears Ltd., Mr. Anuj Kapuria. 23/12/2008 - 31/12/2008 B 3183 409557 4.36 509627 Hindustan Dorr-Oliver Ltd. Sch Of Sundaram BNP Paribus Mutual Fund 02/01/2009 B 350000 0.97 2125273 5.90 509650 Hindustan Housing Co. Ltd., Minakshi Bajaj. 30/12/2008 S 40 -- 509650 Hindustan Housing Co. Ltd., Shishir Bajaj. 30/12/2008 S 180 -- 509650 Hindustan Housing Co. Ltd., Shishir Bajaj (HUF) 30/12/2008 S 540 -- 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 30/12/2008 B 60 1886865 4.01 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 01/01/2009 B 17110 0.04 1903975 4.05 532741 Kamdhenu Ispat Limited Kamdhenu Overseas Ltd 31/12/2008 B 6200 0.03 2243570 11.80 513269 Man Industries (India) Ltd Nikhil Mansukhani 30/12/2008 - 31/12/2008 B 9187 787769 1.47 532819 MindTree Limited Subroto Bagchi. 22/12/2008 - 26/12/2008 S 2059 2153018 5.67 526642 Mirza International Limited Irshad Mirza 24/12/2008 - 26/12/2008 B 78796 6320054 6.82 500460 Mukand Ltd., Shishir Bajaj. 30/12/2008 S 32650 -- 500460 Mukand Ltd., Minakshi Bajaj. 30/12/2008 S 4680 -- 500460 Mukand Ltd., Apoorv Bajaj. 30/12/2008 S 4000 -- 500314 Oriental Hotels Ltd., Mr. D Varada Reddy 05/12/2008 - 31/12/2008 B 13659 0.08 360710 2.02 531120 Patel Engineering Ltd Ms. Sonal Patel 31/12/2008 - 01/01/2009 B 2050 156500 0.26 530695 Prime Property Development Corporation Ltd. Padamshi L Soni 31/12/2008 - 02/01/2009 B 10750 8967247 44.84 532693 Punj LLoyd Ltd HDFC MF Mthly.Income Plan-Long Term Plan 24/08/2008 - 17/11/2008 S 600000 0.19 -- 532693 Punj LLoyd Ltd HDFC Mid Cap Opportunities Fund 27/08/2008 - 25/09/2008 B 1100000 0.36 1100000 0.36 532693 Punj LLoyd Ltd HDFC Arbitrage Fund 16/09/2008 - 28/11/2008 B 455250 0.15 185250 0.06 532693 Punj LLoyd Ltd HDFC Arbitrage Fund 24/10/2008 - 03/11/2008 S 270000 0.08 0 0.00 532693 Punj LLoyd Ltd HDFC Core & Satellite Fund 18/09/2008 B 60000 0.02 360000 0.11 532693 Punj LLoyd Ltd HDFC Equity Fund 31/10/2008 - 18/12/2008 S 5100000 1.68 -- 532693 Punj LLoyd Ltd HDFC Growth Fund 23/09/2008 - 10/10/2008 B 375000 0.12 0 0.00 532693 Punj LLoyd Ltd HDFC Growth Fund 10/11/2008 S 250000 0.08 825000 0.27 532693 Punj LLoyd Ltd HDFC Premier Multi Cap Fund 18/09/2008 - 29/09/2008 B 350000 0.11 550000 0.18 532693 Punj LLoyd Ltd HDFC Prudence Fund 25/08/2008 - 18/12/2008 S 2450000 0.80 -- 532693 Punj LLoyd Ltd HDFC Top 200 Fund 10/12/2008 - 18/12/2008 S 1290081 0.42 1150000 0.37 532693 Punj LLoyd Ltd HDFC Taxsaver 27/08/2008 B 800000 0.26 1000000 0.32 532693 Punj LLoyd Ltd HDFC Long Term Equity Fund 10/11/2008 - 17/12/2008 S 400000 0.13 500000 0.16 532693 Punj LLoyd Ltd HDFC Infrastructure Fund 06/11/2008 - 17/12/2008 S 725000 0.23 1225000 0.40 531033 Regal Entertainment & Consultants Ltd. Shri Satish Kusumbiwal 29/12/2008 - 30/12/2008 B 3500 -- 531033 Regal Entertainment & Consultants Ltd. Shri Dinesh Gupta 30/12/2008 - 01/01/2009 B 2510 -- 500376 Satyam Computer Services Ltd SRSR Holdings Pvt Ltd -- S 21148503 34579497 526835 Silktex Ltd. Sandeep Kumar Churiwala 03/01/2009 B 25000 567500 7.46 526835 Silktex Ltd. Saket Kumar Churiwala 03/01/2009 B 25000 518350 6.82 500148 Uflex Limited Flex International Pvt Ltd 29/12/2008 - 30/12/2008 B 1002 27727005 532953 V-Guard Industries Ltd. Kochouseph Chittilappilly 29/12/2008 - 30/12/2008 B 10616 6546636 21.93 532824 Vijayeswari Textiles Ltd. M/s Seshraj Enterprises Pvt Ltd 31/12/2008 B 49499 7226961 39.78 532298 Zenith Infotech Ltd. Raj Kumar Saraf- HUF -- B 23818 0.19 1268898 10.37

B - Buy

S - Sale

RESEARCH REPORTS

>INSIDER TRADING 06-01-2009

506074 Arshiya International Ltd Paul William Bradley. 31/12/2008 S 255000 245000 0.42 531881 Arvind Chemicals ltd. Newage Vinimay Pvt Ltd & Others. 30/12/2008 - 31/12/2008 B 184499 0.93 2619766 13.23 531881 Arvind Chemicals ltd. Gaurav Vinimay Pvt Ltd & Others 29/12/2008 B 84930 0.43 2435267 12.30 530355 Asian Oilfield Services Ltd. Enso Oil Pvt Ltd 31/12/2008 S 224000 1.98 516000 4.57 508136 B & A Ltd. Hemendra prasad Barooah 30/12/2008 B 826 838522 532977 Bajaj Auto Limited Sanjvnayan Bajaj 30/12/2008 B 11453 412724 0.28 532977 Bajaj Auto Limited Smt. Sunaina Kejriwal 31/12/2008 B 3817 213937 0.15 532978 Bajaj Finserv Limited Sanjivnayan Bajaj 30/12/2008 B 11453 412724 0.28 500032 Bajaj Hindustan Ltd., Niravnayan Trust 30/12/2008 S 5000 -- 500032 Bajaj Hindustan Ltd., Niraj Bajaj 30/12/2008 S 168000 0.12 -- 500032 Bajaj Hindustan Ltd., Niravnayan Bajaj 30/12/2008 S 129000 0.09 -- 500032 Bajaj Hindustan Ltd., Shishir Bajaj 30/12/2008 B 41696440 45684000 32.31 500032 Bajaj Hindustan Ltd., Bachhraj & Company Pvt Ltd 30/12/2008 S 34696250 24.54 -- 500032 Bajaj Hindustan Ltd., Niraj Bajaj -HUF 30/12/2008 S 20000 0.01 -- 500032 Bajaj Hindustan Ltd., Minal Bajaj 30/12/2008 S 141500 0.10 -- 500032 Bajaj Hindustan Ltd., Rahul Bajaj 30/12/2008 - 31/12/2008 S 41582670 29.41 0 500032 Bajaj Hindustan Ltd., Rahul Bajaj 30/12/2008 B 41290380 29.20 41582670 29.41 500490 Bajaj Holdings & Investment Limited Sanjivnayan Bajaj 30/12/2008 B 11453 0.01 412724 0.41 500490 Bajaj Holdings & Investment Limited Smt. Sunaina Kejriwal 31/12/2008 B 3817 213937 0.21 500039 Banco Products (India) Ltd., Vimal K Patel 30/12/2008 - 31/12/2008 B 1208 4658404 6.56 532430 BF Utilities Ltd. Mr. Amit B. Kalyani. 31/12/2008 B 5000 28270 0.07 532454 Bharti Airtel Ltd. Indian Continent Investment Ltd -- B 2441000 0.13 119084723 6.27 532330 Biopac India Corporation Ltd Pankaj B Doshi 30/12/2008 B 2000 3190614 19.94 532330 Biopac India Corporation Ltd Pankaj B Doshi 31/12/2008 B 4000 3194614 19.96 530871 Chembond Chemicals Ltd. Visan Holdings & Financial Ser Pvt Ltd. 29/12/2008 B 100 123417 522261 Dolphin Offshore Enterprises (India) ltd. Dolphin Offshore Projects Ltd. 30/12/2008 - 31/12/2008 B 3150 0.03 1717637 17.96 532345 Gati Limited Krishna Lal Chugh 29/12/2008 - 30/12/2008 S 37320 31885 0.03 532767 Gayatri Projects Limited Mr. T V Sandeep Reddy 02/01/2009 B 4701 1385515 13.71 532767 Gayatri Projects Limited Mr. T.V. Sandeep Kumar Reddy. 31/12/2008 B 11874 1380564 13.66 532767 Gayatri Projects Limited Mr. T.V. Sandeep Kumar Reddy. 01/01/2009 B 250 1380814 13.66 500182 Hero Honda Motors Ltd. Life Insurance Corporation Of India. 11/04/2008 - 30/12/2008 S 4051872 2.02 9961059 4.98 522073 Hi-Tech Gears Ltd., Mr. Pranav Kapuria. 23/12/2008 - 31/12/2008 B 3137 393184 4.19 522073 Hi-Tech Gears Ltd., Mr. Anuj Kapuria. 23/12/2008 - 31/12/2008 B 3183 409557 4.36 509627 Hindustan Dorr-Oliver Ltd. Sch Of Sundaram BNP Paribus Mutual Fund 02/01/2009 B 350000 0.97 2125273 5.90 509650 Hindustan Housing Co. Ltd., Minakshi Bajaj. 30/12/2008 S 40 -- 509650 Hindustan Housing Co. Ltd., Shishir Bajaj. 30/12/2008 S 180 -- 509650 Hindustan Housing Co. Ltd., Shishir Bajaj (HUF) 30/12/2008 S 540 -- 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 30/12/2008 B 60 1886865 4.01 532976 Jai Balaji Industries Limited Jai Salasar Balaji Industries Pvt Ltd. 01/01/2009 B 17110 0.04 1903975 4.05 532741 Kamdhenu Ispat Limited Kamdhenu Overseas Ltd 31/12/2008 B 6200 0.03 2243570 11.80 513269 Man Industries (India) Ltd Nikhil Mansukhani 30/12/2008 - 31/12/2008 B 9187 787769 1.47 532819 MindTree Limited Subroto Bagchi. 22/12/2008 - 26/12/2008 S 2059 2153018 5.67 526642 Mirza International Limited Irshad Mirza 24/12/2008 - 26/12/2008 B 78796 6320054 6.82 500460 Mukand Ltd., Shishir Bajaj. 30/12/2008 S 32650 -- 500460 Mukand Ltd., Minakshi Bajaj. 30/12/2008 S 4680 -- 500460 Mukand Ltd., Apoorv Bajaj. 30/12/2008 S 4000 -- 500314 Oriental Hotels Ltd., Mr. D Varada Reddy 05/12/2008 - 31/12/2008 B 13659 0.08 360710 2.02 531120 Patel Engineering Ltd Ms. Sonal Patel 31/12/2008 - 01/01/2009 B 2050 156500 0.26 530695 Prime Property Development Corporation Ltd. Padamshi L Soni 31/12/2008 - 02/01/2009 B 10750 8967247 44.84 532693 Punj LLoyd Ltd HDFC MF Mthly.Income Plan-Long Term Plan 24/08/2008 - 17/11/2008 S 600000 0.19 -- 532693 Punj LLoyd Ltd HDFC Mid Cap Opportunities Fund 27/08/2008 - 25/09/2008 B 1100000 0.36 1100000 0.36 532693 Punj LLoyd Ltd HDFC Arbitrage Fund 16/09/2008 - 28/11/2008 B 455250 0.15 185250 0.06 532693 Punj LLoyd Ltd HDFC Arbitrage Fund 24/10/2008 - 03/11/2008 S 270000 0.08 0 0.00 532693 Punj LLoyd Ltd HDFC Core & Satellite Fund 18/09/2008 B 60000 0.02 360000 0.11 532693 Punj LLoyd Ltd HDFC Equity Fund 31/10/2008 - 18/12/2008 S 5100000 1.68 -- 532693 Punj LLoyd Ltd HDFC Growth Fund 23/09/2008 - 10/10/2008 B 375000 0.12 0 0.00 532693 Punj LLoyd Ltd HDFC Growth Fund 10/11/2008 S 250000 0.08 825000 0.27 532693 Punj LLoyd Ltd HDFC Premier Multi Cap Fund 18/09/2008 - 29/09/2008 B 350000 0.11 550000 0.18 532693 Punj LLoyd Ltd HDFC Prudence Fund 25/08/2008 - 18/12/2008 S 2450000 0.80 -- 532693 Punj LLoyd Ltd HDFC Top 200 Fund 10/12/2008 - 18/12/2008 S 1290081 0.42 1150000 0.37 532693 Punj LLoyd Ltd HDFC Taxsaver 27/08/2008 B 800000 0.26 1000000 0.32 532693 Punj LLoyd Ltd HDFC Long Term Equity Fund 10/11/2008 - 17/12/2008 S 400000 0.13 500000 0.16 532693 Punj LLoyd Ltd HDFC Infrastructure Fund 06/11/2008 - 17/12/2008 S 725000 0.23 1225000 0.40 531033 Regal Entertainment & Consultants Ltd. Shri Satish Kusumbiwal 29/12/2008 - 30/12/2008 B 3500 -- 531033 Regal Entertainment & Consultants Ltd. Shri Dinesh Gupta 30/12/2008 - 01/01/2009 B 2510 -- 500376 Satyam Computer Services Ltd SRSR Holdings Pvt Ltd -- S 21148503 34579497 526835 Silktex Ltd. Sandeep Kumar Churiwala 03/01/2009 B 25000 567500 7.46 526835 Silktex Ltd. Saket Kumar Churiwala 03/01/2009 B 25000 518350 6.82 500148 Uflex Limited Flex International Pvt Ltd 29/12/2008 - 30/12/2008 B 1002 27727005 532953 V-Guard Industries Ltd. Kochouseph Chittilappilly 29/12/2008 - 30/12/2008 B 10616 6546636 21.93 532824 Vijayeswari Textiles Ltd. M/s Seshraj Enterprises Pvt Ltd 31/12/2008 B 49499 7226961 39.78 532298 Zenith Infotech Ltd. Raj Kumar Saraf- HUF -- B 23818 0.19 1268898 10.37

B - Buy

S - Sale

RESEARCH REPORTS