>INSIDER TRADING 13-05-09

524348 Aarti Drugs Ltd Jayshree H Shah 19/01/2009 - 15/04/2009 B 15630 64349 0.55 531897 Accentia Technologies Ltd Firstcall India Equity Advisors Pvt Ltd 11/05/2009 S 150000 1.15 139163 1.07 532633 Allsec Technologies Ltd First Carlyle Ventures Mauritius 08/05/2009 B 250000 1.64 4442858 29.16 532828 AMD Industries Ltd Adit Gupta 24/04/2009 B 110 0.00 2400247 12.52 532828 AMD Industries Ltd Harswarup Gupta 23/04/2009 B 15046 0.00 2243847 11.70 590006 Amrutanjan Health Care Ltd S Sambhu Prasad -- B 827 148786 4.65 526433 ASM Technologies Ltd IDS Systems Pvt Ltd 29/01/2009 B 1199 162723 3.23 532995 Avon Corporation Ltd Pankaj Saraiya 17/04/2009 B 20000 6668483 40.22 500039 Banco Products (India) Ltd Samir K Patel 08/05/2009 B 8274 0.00 3778794 5.32 511501 Bharat Bhushan Share & Commodity Brokers Ltd Madhvi Ahuja 26/11/2008 B 10205 32105 0.95 511501 Bharat Bhushan Share & Commodity Brokers Ltd Sandhya Ahuja 15/12/2008 B 10913 30413 20.28 511501 Bharat Bhushan Share & Commodity Brokers Ltd Uday Ahuja 06/11/2008 B 3118 31525 0.93 511501 Bharat Bhushan Share & Commodity Brokers Ltd Vijay Bhushan 02/01/2009 B 8261 685645 20.28 511196 Can Fin Homes Ltd Canara Bank -- B 11455 0.05 8444809 41.22 526839 CCAP Ltd Chirantan Mukherji 12/05/2009 B 10000 0.28 626223 17.54 530871 Chembond Chemicals Ltd Dr Vinod D Shah 06/05/2009 B 1006 0.00 446425 0.00 530871 Chembond Chemicals Ltd Dr Vinod D Shah 06/05/2009 B 500 0.00 446925 0.00 511072 Dewan Housing Finance Corporation Ltd Wadhawan Holdings Pvt Ltd 08/10/2008 - 17/04/2009 B 1218461 2.01 4595229 7.59 523127 EIH Associated Hotels Ltd Jupiter India Fund 15/04/2009 B 99816 0.51 549058 0.00 504000 Elpro International Ltd Mavi Investment Fund Ltd 15/04/2009 B 395000 9.99 395000 524768 Emmessar Biotech & Nutrition Ltd MSR Ayyangar 22/04/2009 B 22100 0.44 69147 1.38 505714 Gabriel India Ltd Reliance Growth Fund 06/04/2009 S 54621 0.07 2287267 3.19 509567 Goa Carbon Ltd Shrinivas V Dempo 05/05/2009 B 498 0.00 139398 1.52 506480 Gulf Oil Corporation Ltd Gulf Oil International (Mauritius) Inc 08/05/2009 B 2455515 3.30 36460415 49.03 500202 India Lease Development Ltd Mgf Services Ltd 12/05/2009 B 1872 0.01 296251 2.90 500209 Infosys Technologies Ltd Rama Bijapurkar 11/05/2009 S 6500 13500 511131 Kamanwala Housing Construction Ltd Sorabh Gupta 24/04/2009 S 30000 200146 1.42 511131 Kamanwala Housing Construction Ltd Sorabh Gupta 27/04/2009 S 16125 184021 1.30 514128 Konark Synthetic Ltd Fillmore Trading & Investment P Ltd 13/04/2009 B 840000 14.36 840000 14.36 514128 Konark Synthetic Ltd Kayo Investment & Fin Pvt Ltd 13/04/2009 B 565500 9.67 856850 14.65 514128 Konark Synthetic Ltd Mrs. Rakadevi Dalmia Jt with Prakashchand Dalmia HUF 13/04/2009 B 1234128 21.10 1234128 21.10 514128 Konark Synthetic Ltd Prakashchand Dalmia HUF 13/04/2009 B 177450 3.03 336600 5.75 514446 Lifestyle Fabrics Ltd Strategybot Finance Pvt Ltd 27/04/2009 B 4112393 74.77 4112393 74.77 507759 Lime Chemicals Ltd Mrs. Shahnaz A Dawoodani 26/11/2008 - 30/12/2008 B 12245 0.00 52541 1.59 507759 Lime Chemicals Ltd Mrs. Shahnaz A Dawoodani 30/03/2009 - 31/03/2009 B 551 0.00 53092 1.60 507759 Lime Chemicals Ltd Shahnaz A Dawoodani 02/04/2009 - 17/04/2009 B 350 0.00 53442 1.60 531241 Linc Pen & Plastics Ltd Divya Jalan -- S 10000 0.12 36900 531241 Linc Pen & Plastics Ltd Rohit Jalan -- B 10000 0.12 35400 500267 Majestic Auto Ltd Hero Cycles Ltd -- S 2100 0.00 2928309 28.16 532819 MindTree Ltd Rostow Ravanan 08/05/2009 S 21500 0.00 404621 1.06 501343 Motor & General Finance Ltd Grosvenor Estates Pvt Ltd -- B 2049 0.01 223293 1.15 526721 Nicco Parks & Resorts Ltd Rajive Kaul 16/04/2009 B 80 191757 4.09 504864 Orissa Sponge Iron & Steel Ltd Bhushan Energy Ltd 04/03/2009 B 130000 0.00 0 0.00 504864 Orissa Sponge Iron & Steel Ltd Bhushan Energy Ltd 04/05/2009 B 100000 0.00 0 0.00 504864 Orissa Sponge Iron & Steel Ltd Bhushan Energy Ltd 05/05/2009 B 107000 0.00 0 0.00 504864 Orissa Sponge Iron & Steel Ltd Bhushan Energy Ltd 06/05/2009 B 103996 0.00 3157996 11.70 531349 Panacea Biotec Ltd First Lucre Partnership Co & PACs 21/04/2009 B 11441 0.02 45640513 68.28 532254 Polaris Software Lab Ltd R Srikanth 11/05/2009 S 95000 0.00 40000 0.00 532254 Polaris Software Lab Ltd R Srikanth 12/05/2009 S 40000 0.00 0 0.00 530695 Prime Property Development Corporation Ltd Minal Finance Pvt Ltd 16/04/2009 B 10300 0.05 1117076 5.59 530695 Prime Property Development Corporation Ltd Minal Finance Pvt Ltd 17/04/2009 B 4400 0.02 1121476 5.60 530695 Prime Property Development Corporation Ltd Minal Finances Pvt Ltd 20/04/2009 B 2000 0.02 1123476 5.62 530695 Prime Property Development Corporation Ltd Minal Finances Pvt Ltd 21/04/2009 B 4868 0.02 1128344 5.63 530695 Prime Property Development Corporation Ltd Minal Finances Pvt Ltd 22/04/2009 B 5450 0.02 1133794 5.66 530695 Prime Property Development Corporation Ltd Padamshi L Soni 06/04/2009 B 890 9228436 46.14 530695 Prime Property Development Corporation Ltd Padamshi L Soni 08/04/2009 B 354 9228790 46.14 524610 Rathi Graphic Technologies Ltd Shark Packaging (I) Pvt Ltd 18/04/2009 B 350000 706800 511754 Shalibhadra Finance Ltd Sheetal M Doshi 16/04/2009 B 748 0.01 1038225 20.75 511754 Shalibhadra Finance Ltd Sheetal M Doshi 17/04/2009 B 75 0.00 1038300 20.75 511754 Shalibhadra Finance Ltd Sheetal M Doshi 27/04/2009 B 54 1038715 20.76 532793 Shree Ashtavinayak Cine Vision Ltd Dhilin H Mehta 22/04/2009 B 2000 0.01 1740800 16.61 512413 Spectacle Industries Ltd Sangita Bansal 20/04/2009 S 20000 512413 Spectacle Industries Ltd Sangita Bansal 24/04/2009 S 17000 75260 0.15 522085 Stone India Ltd G P Goenka 18/03/2009 - 09/04/2009 B 21763 52000 0.68 532667 Suzlon Energy Ltd Rambhaben Ukabhai 13/05/2009 S 30000000 28238000 1.88 532477 Union Bank of India Life Insurance Corporation of India 28/01/2009 - 08/05/2009 B 10266486 2.03 46383677 9.18 531390 Upsurge Investment & Finance Ltd D K Goyal 28/04/2009 B 11099 450000 4.92 532953 V Guard Industries Ltd Kochouseph Chittilappilly 23/04/2009 - 24/04/2009 B 7712 6834058 22.90 532917 Varun Industries Ltd Kailash S Agarwal 15/04/2009 B 50000 0.00 5721880 25.87 532917 Varun Industries Ltd Kiran N Mehta 15/04/2009 B 50000 0.00 8366920 37.84 511147 Wall Street Finance Ltd Patel Holdings Ltd 17/04/2009 B 12750 0.11 1266861 10.90

B - Buy

S - Sale

521070	Alok Industries Ltd	Citigroup Global Mkt (Mauritius) Pvt Ltd	21/04/2009	Acq	30760115	5.07	31471178	5.19	*
521070	Alok Industries Ltd	Cholamandalam DBS Finance Ltd	24/04/2009	Acq	10446690	5.30	24279626	12.33	*
519532	Asian Tea & Exports Ltd	Asian Capital Mkts Ltd & PACs	01/04/2009 - 27/04/2009	Acq	26200	0.31	4187989	49.27	#
526433	ASM Technologies Ltd	IDS Systems Pvt Ltd	29/01/2009	Acq	1199	0.02	162723	3.25	#
532995	Avon Corporation Ltd	Pankaj P Saraiya	17/04/2009	Acq	20000	0.12	6668483	40.22	#
517001	Birla Power Solutions Ltd	Shearson Investment & Trading Co P Ltd	23/04/2009	Acq	600000	1.41	2219800	0.00	*
517001	Birla Power Solutions Ltd	Shearson Investment & Trading Co P Ltd	23/04/2009	Acq	900000	2.12	3119800	0.00	*
511196	Can Fin Homes Ltd	Canara Bank	11/05/2009	Acq	11455	0.05	8444809	41.22	#
511196	Can Fin Homes Ltd	Canara Bank	12/05/2009	Acq	4955	0.02	8449764	41.24	*
511196	Can Fin Homes Ltd	Canara Bank	16/04/2009	Acq	99242	0.48	8365683	40.83	#
526839	CCAP Ltd	Chirantan Mukherji	12/05/2009	Acq	10000	0.28	1305804	36.57	#
531337	Channel Guide India Ltd	Premlata Ramesh Saraogi	01/01/2008	Acq	200000	3.33	312000	5.20	#
531337	Channel Guide India Ltd	Premlata Ramesh Saraogi	13/04/2009	Acq	100000	1.67	412000	6.87	#
530871	Chembond Chemicals Ltd	Dr. Vinod D Shah	06/05/2009	Acq	1006	0.03	446425	14.88	#
530871	Chembond Chemicals Ltd	Dr. Vinod D Shah	06/05/2009	Acq	500	0.02	446925	14.90	#
511072	Dewan Housing Finance Corporation Ltd	Wadhawan Holdings Pvt Ltd	08/10/2008 - 17/04/2009	Acq	1218461	2.01	4595229	7.59	#
503796	Digjam Ltd	Birla Holdings Ltd	28/04/2009	Acq	448028	0.65	1959491	2.85	*
504000	Elpro International Ltd	Mavi Investment Fund Ltd	15/04/2009	Acq	395000	9.99	395000	9.99	#
530023	Fortune Financial Services India Ltd	Jalpa Nimish Shah	17/04/2009	Acq	313	0.00	491516	4.43	#
509567	Goa Carbon Ltd	Shrinivas V Dempo	05/05/2009	Acq	498	0.00	139398	1.52	#
532980	Gokul Refoils & Solvent Ltd	Pacific Corporate Services Ltd	16/04/2009	Sale	3000	0.01	1177113	4.46	#
532980	Gokul Refoils & Solvent Ltd	Pacific Corporate Services Ltd	17/04/2009	Sale	2500	0.01	1174613	4.45	#
506480	Gulf Oil Corporation Ltd	Gulf Oil International (Mauritius) Inc	08/05/2009	Acq	2455515	3.30	36460415	49.03	#
500202	India Lease Development Ltd	Mgf Services Ltd	12/05/2009	Acq	1872	0.01	296251	2.90	#
509709	International Conveyors Ltd	Cresta Fund Ltd	30/03/2009	Acq	115000	3.40	325000	9.63	#
509709	International Conveyors Ltd	Elara India Opportunities Fund Ltd	30/03/2009	Acq	25000	0.74	325000	9.63	#
509709	International Conveyors Ltd	Mavi Investment Fund Ltd	30/03/2009	Acq	115000	3.40	325000	9.63	#
531241	Linc Pen & Plastics Ltd	Divya Jalan	20/04/2009	Sale	10000	0.12	36900	0.46	#
531241	Linc Pen & Plastics Ltd	Rohit Jalan	20/04/2009	Acq	10000	0.12	35400	0.44	#
500267	Majestic Auto Ltd	Hero Cycles Ltd	11/05/2009	Sale	2100	0.02	2928309	28.16	#
500267	Majestic Auto Ltd	Hero Cycles Ltd	12/05/2009	Sale	152	0.00	2928157	28.16	*
504864	Orissa Sponge Iron & Steel Ltd	Bhushan Energy Ltd & PACs	04/03/2009 - 06/05/2009	Acq	440996	1.63	4226586	15.65	#
531349	Panacea Biotec Ltd	First Lucre Partnership Co & PACs	21/04/2009	Acq	11441	0.02	45640513	68.28	#
532606	Parekh Aluminex Ltd	Amitabh Arun Parekh	08/04/2009	Acq	40000	0.31	1226650	9.47	#
523289	Rama Vision Ltd	Aus Finance & Investments Pvt Ltd	21/04/2009	Acq	180000	1.80	1077500	10.75	*
526753	Roselabs Ltd	Shivkumar T Agrawal	13/04/2009	Sale	24100	0.21	601060	5.29	*
526753	Roselabs Ltd	Madhudevi Agrawal	16/04/2009	Sale	80000	0.70	220110	1.94	*
526753	Roselabs Ltd	Madhudevi Agrawal	17/04/2009	Sale	65000	0.57	155110	1.36	#
526753	Roselabs Ltd	Rosydevi Agrawal	21/04/2009	Sale	50000	0.44	552650	4.86	#
526753	Roselabs Ltd	Rosydevi Agrawal	27/04/2009	Sale	90000	0.79	297650	2.62	#
526753	Roselabs Ltd	Rosydevi Agrawal	27/04/2009	Sale	90000	0.79	297650	2.62	*
511754	Shalibhadra Finance Ltd	Sheetal M Doshi	16/04/2009	Acq	748	0.01	1038225	20.75	#
511754	Shalibhadra Finance Ltd	Sheetal M Doshi	16/04/2009	Acq	748	0.01	1038225	20.75	*
511754	Shalibhadra Finance Ltd	Sheetal M Doshi	17/04/2009	Acq	75	0.00	1038300	20.75	#
511754	Shalibhadra Finance Ltd	Sheetal M Doshi	17/04/2009	Acq	75	0.00	1038300	20.75	*
511754	Shalibhadra Finance Ltd	Sheetal M Doshi	27/04/2009	Acq	54	0.00	1038715	20.76	#
511754	Shalibhadra Finance Ltd	Sheetal M Doshi	27/04/2009	Acq	54	0.00	1038715	20.76	*
532793	Shree Ashtavinayak Cine Vision Ltd	Dhilin Mehta	22/04/2009	Acq	2000	0.02	1740800	16.61	*
532833	Sparsh BPO Services Ltd	Kapil Puri	17/07/2008 - 17/02/2009	Acq	325340	2.02	1213577	7.52	#
532667	Suzlon Energy Ltd	Rambhaben Ukabhai	13/05/2009	Sale	30000000	2.00	28238000	1.88	#
532667	Suzlon Energy Ltd	Rambhaben Ukabhai	13/05/2009	Sale	30000000	2.00	28238000	1.89	*
505854	TRF Ltd	Schemes of Sundaram BNP Paribas Mutual Fund	23/04/2009	Acq	547	0.01	275147	5.00	*
504605	Uni Abex Alloy Products Ltd	Firoze A Vakil	16/04/2009	Acq	303	0.02	5967	0.30	#
504605	Uni Abex Alloy Products Ltd	Firoze A Vakil	17/04/2009	Acq	4	0.00	5971	0.30	#
504605	Uni Abex Alloy Products Ltd	Firoze Adi Vakil	17/04/2009	Acq	4	0.00	5971	0.30	*
504605	Uni Abex Alloy Products Ltd	Firoze A Vakil	22/04/2009	Acq	320	0.02	6291	0.32	#
504605	Uni Abex Alloy Products Ltd	Firoze Adi Vakil	22/04/2009	Acq	320	0.02	6291	0.32	*
504605	Uni Abex Alloy Products Ltd	Firoze A Vakil	23/04/2009	Acq	165	0.01	6456	0.33	#
504605	Uni Abex Alloy Products Ltd	Firoze Adi Vakil	23/04/2009	Acq	165	0.01	6456	0.33	*
531390	Upsurge Investment & Finance Ltd	D K Goyal	28/04/2009	Acq	11099	0.12	450000	4.92	#
531390	Upsurge Investment & Finance Ltd	D K Goyal	28/04/2009	Acq	11099	0.12	450000	4.92	*
511147	Wall Street Finance Ltd	Patel Holdings Ltd	17/04/2009	Acq	12750	0.11	1266861		*
511147	Wall Street Finance Ltd	Patel Holdings Ltd	17/04/2009	Acq	12750	0.11	1266861	10.90	#
530665	Zenith Healthcare Ltd	Akshit M Raycha	27/04/2009	Acq	2000	0.00	767986	1.43	#
530665	Zenith Healthcare Ltd	Akshit M Raycha	28/04/2009	Acq	100	0.00	768086	1.43	#

RESEARCH REPORTS

>INSIDER TRADING 12-05-09

531897	Accentia Technologies Ltd	Pradeep Suseela Viswambharan	11/05/2009	B	50000	0.37	50000	0.37
532975	Aishwarya Telecom Ltd	G Rama Manohar Reddy	11/05/2009	B	1106		3612307	33.88
530499	AK Capital Services Ltd	A K Mittal	07/05/2009	B	20000		405049	6.14
530499	AK Capital Services Ltd	A K Mittal	08/05/2009	B	24884		429933	6.51
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	07/05/2009	B	23948	0.36	654539	9.92
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	08/05/2009	B	18021	0.27	672560	10.19
532633	Allsec Technologies Ltd	A Saravanan	11/05/2009	B	122396		2345082	15.39
532633	Allsec Technologies Ltd	R Jagadish	11/05/2009	B	122396		2320081	15.23
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Services Ltd	08/05/2009	B	1781	0.00	12009798	47.43
500425	Ambuja Cements Ltd	P B Kulkarni	28/04/2009	S	5000		788833	0.05
500425	Ambuja Cements Ltd	PB Kulkarni	05/05/2009	S	5000		783833	0.05
532828	AMD Industries Ltd	Adit Gupta	07/05/2009 - 08/05/2009	B	5428		2413573	12.59
532828	AMD Industries Ltd	Harswarup Gupta	08/05/2009	B	5223		2270241	11.85
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	07/05/2009	B	13050	0.06	3965050	18.02
532668	Aurionpro Solutions Ltd	Sandeep Daga	07/05/2009	B	49900	0.00	265559	1.79
511196	Can Fin Homes Ltd	Canara Bank	--	B	3709	0.02	8433354	41.17
500096	Dabur India Ltd	Ambati Sudhakar	06/05/2009	S	4500		174452	0.02
500096	Dabur India Ltd	Ambati Sudhakar	07/05/2009	S	4500		169952	0.02
500096	Dabur India Ltd	Rajan Varma	08/05/2009	S	4450		214859	0.03
532322	Elder Pharmaceuticals Ltd	Semit Pharmaceuticals & Chemicals Pvt Ltd	15/04/2009	B	52	0.00	1858464	9.85
532322	Elder Pharmaceuticals Ltd	Semit Pharmaceuticals & Chemicals Pvt Ltd	15/04/2009	B	53	0.00	1858517	9.85
532322	Elder Pharmaceuticals Ltd	Semit Pharmaceuticals & Chemicals Pvt Ltd	16/04/2009	B	270	0.00	1859092	9.86
532322	Elder Pharmaceuticals Ltd	Semit Pharmaceuticals & Chemicals Pvt Ltd	16/04/2009	B	305	0.00	1858822	9.86
532322	Elder Pharmaceuticals Ltd	Semit Pharmaceuticals & Chemicals Pvt Ltd	17/04/2009	B	100	0.00	1859357	9.86
532322	Elder Pharmaceuticals Ltd	Semit Pharmaceuticals & Chemicals Pvt Ltd	17/04/2009	B	165	0.00	1859257	9.86
522074	Elgi Equipments Ltd	Dr. Jairam Varadaraj	08/05/2009	B	694520		6245068	7.99
517477	Elnet Technologies Ltd	Southern Project Managements Pvt Ltd	16/04/2009	B	254371	6.36	254371	6.36
504028	GEE Ltd	Vidya Finvest Pvt Ltd	05/05/2009	B	6000		4114835	21.77
504028	GEE Ltd	Vidya Finvest Pvt Ltd	07/05/2009	B	695		4115530	21.77
504028	GEE Ltd	Vidya Finvest Pvt Ltd	08/05/2009	B	7457		4122987	21.81
532734	Godawari Power & Ispat Ltd	Ram Real Mart Pvt Ltd	06/05/2009	B	2500	0.01	0	0.00
532734	Godawari Power & Ispat Ltd	Ram Real Mart Pvt Ltd	06/05/2009	B	4381	0.02	656991	2.34
532734	Godawari Power & Ispat Ltd	Ram Real Mart Pvt Ltd	07/05/2009	B	1325	0.00	662536	2.36
532734	Godawari Power & Ispat Ltd	Ram Real Mart Pvt Ltd	07/05/2009	B	4220	0.02	0	0.00
500202	India Lease Development Ltd	Mgf Services Ltd	13/04/2009	B	2650	0.03	290883	2.85
514165	Indian Acrylics Ltd	Dheeraj Garg	15/04/2009 - 16/04/2009	B	150579		787590	0.59
532894	Indowind Energy Ltd	ABN Amro Bank NV	23/04/2009	S	1000000	2.09	2774000	5.81
532894	Indowind Energy Ltd	ABN Amro Bank NV	23/04/2009	S	1000000	2.09	3774000	7.91
590041	Kavveri Telecom Products Ltd	M M Ganesh	05/05/2009	S	144250	1.47	1315000	13.39
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	08/05/2009	B	151050	0.07	11003650	5.67
500247	Kotak Mahindra Bank Ltd	Paul Parambi	27/04/2009	B	3300		8045
500247	Kotak Mahindra Bank Ltd	Ravi Duvvuru	27/04/2009	B	3000		26550
532783	LT Foods Ltd	Ashwani Arora	22/04/2009	B	10000		2191830	9.84
532783	LT Foods Ltd	Ashwani Arora	29/04/2009	B	2611	0.00	2204441	9.90
532783	LT Foods Ltd	Surinder Kumar Arora	29/04/2009	B	10000	0.00	2235843	10.04
500267	Majestic Auto Ltd	Hero Cycles Ltd	--	S	625	0.01	2930409	28.18
524816	Natco Pharma Ltd	Time Cap Pharma Labs Ltd	07/05/2009 - 08/05/2009	B	20000		3318891
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	10054	0.08	2369539	14.16
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	103	0.00	2345477	14.00
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	2053	0.01	2359485	14.08
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	2127	0.01	2345374	14.00
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	2920	0.02	2356467	14.07
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	8070	0.05	2353547	14.05
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	--	B	965	0.00	2357432	14.07
532817	Oriental Trimex Ltd	Rajesh Kumar Punia	08/05/2009	B	10000		2373814	16.02
520008	Rico Auto Industries Ltd	Ashish Dhawan	06/05/2009	B	62375	0.05	6294960	5.01
532877	Simplex Projects Ltd	Balkrishandas Mundhra	12/01/2009 - 06/05/2009	B	9000		374053	3.12
532348	Subex Ltd	Subash Menon	07/05/2009	B	40943		2567835	7.37
532348	Subex Ltd	Subash Menon	08/05/2009	B	12766		2580601	7.41
532953	V Guard Industries Ltd	Kochouseph Chittilappilly	27/04/2009 - 28/04/2009	B	10385	0.00	6844443	22.93
524200	Vinati Organics Ltd	Suchir Chemicals Pvt Ltd	07/05/2009	B	1000	0.01	937405	9.49
511601	Yash Management & Satellite Ltd	Pratibha Goyal	07/05/2009 - 08/05/2009	B	72500	0.74	190500	1.96
532298	Zenith Infotech Ltd	Raj Kumar Saraf HUF	--	B	11582	0.09	1366573	11.16

530499	AK Capital Services Ltd	A K Mittal	07/05/2009	Acq	20000	0.30	405049	6.14	#
530499	AK Capital Services Ltd	A K Mittal	07/05/2009	Acq	20000	0.30	405049	6.14	*
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	07/05/2009	Acq	23948	0.36	654539	9.92	#
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	07/05/2009	Acq	23948	0.36	654539	9.92	*
530499	AK Capital Services Ltd	A K Mittal	08/05/2009	Acq	24884	0.36	429933	6.51	*
530499	AK Capital Services Ltd	A K Mittal	08/05/2009	Acq	24884	0.38	429933	6.51	#
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	08/05/2009	Acq	18021	0.27	672560	10.19	#
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	08/05/2009	Acq	18021	0.27	672560	10.19	*
532799	Akruti City Ltd	Hi-Tech Housing Projects Pvt Ltd (Pledgee)	21/04/2009	Sale	3333000	4.99	0	0.00	#
532633	Allsec Technologies Ltd	A Saravanan	11/05/2009	Acq	122396	0.80	2345082	15.39	#
532633	Allsec Technologies Ltd	R Jagadish	11/05/2009	Acq	122396	0.80	2320081	15.23	#
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	08/05/2009	Acq	1781	0.00	12009798	47.42	*
500012	Andhra Petrochemicals Ltd	Jocil Ltd	05/05/2009	Acq	100354	0.12	567364	0.67	#
500012	Andhra Petrochemicals Ltd	Jocil Ltd	07/05/2009	Acq	42732	0.05	610096	0.72	#
500012	Andhra Petrochemicals Ltd	Jocil Ltd	08/05/2009	Acq	116010	0.14	726106	0.86	*
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	07/05/2009	Acq	13050	0.06	3965050	18.02	#
531937	Beckons Industries Ltd	Gurmeet Singh	16/04/2009	Acq	123500	0.46	1417660	5.26	#
531203	Brand Realty Services Ltd	Kamal Manchanda	27/02/2009 - 29/04/2009	Acq	66085	2.20	1300038	43.27	*
511196	Can Fin Homes Ltd	Canara Bank	08/05/2009	Acq	3709	0.02	8433354	41.17	#
511196	Can Fin Homes Ltd	Canara Bank	08/05/2009	Acq	3709	0.02	8433354	41.17	*
523890	DS Kulkarni Developers Ltd	Ashok Kumar Parmar	24/02/2009 - 29/04/2009	Acq	1290050	5.00	1290050	5.00	*
517477	Elnet Technologies Ltd	Southern Projects Management Pvt Ltd	16/04/2009	Acq	254371	6.36	254371	6.36	#
504000	Elpro International Ltd	Mavi Investment Fund Ltd	--	Acq	395000	9.99	395000	9.99	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	03/12/2008	Acq	30000	0.76	1650642	41.77	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	12/11/2008 - 14/11/2008	Acq	31500	0.80	1530642	38.73	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	16/01/2009	Acq	16000	0.41	1666642	42.18	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	17/11/2008	Acq	30000	0.76	1560642	39.49	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	18/11/2008	Acq	15000	0.38	1575642	39.87	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	20/11/2008	Acq	20000	0.51	1595642	40.38	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	21/01/2009	Acq	16000	0.41	1682642	42.58	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	23/01/2009	Acq	14000	0.41	1696642	42.94	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	24/11/2008	Acq	15000	0.38	1610642	40.76	#
504000	Elpro International Ltd	Faridabad Investment Company Ltd	25/11/2008	Acq	10000	0.25	1620642	41.01	#
504028	GEE Ltd	Vidya Finvest Ltd	05/05/2009	Acq	6000	0.04	4114835	21.77	#
504028	GEE Ltd	Vidya Finvest Ltd	07/05/2009	Acq	695	0.00	4115530	21.77	#
504028	GEE Ltd	Vidya Finvest Ltd	08/05/2009	Acq	7457	0.04	4122987	21.81	#
509567	Goa Carbon Ltd	Shrinivas V Dempo	05/05/2009	Acq	498	0.00	139398	1.52	*
532734	Godawari Power & Ispat Ltd	Ram Real Mart Pvt Ltd & PACs	06/05/2009 - 07/05/2009	Acq	12426	0.04	662536	2.36	#
532734	Godawari Power & Ispat Ltd	Ram Realmart Pvt Ltd & PACs	06/05/2009 - 07/05/2009	Acq	12426	0.04	662536	2.36	*
500202	India Lease Development Ltd	Mgf Services Ltd	13/04/2009	Acq	2650	0.03	290883	2.85	#
514165	Indian Acrylics Ltd	Dheeraj Garg	04/05/2009 - 05/05/2009	Acq	16655	0.01	905944	0.69	*
514165	Indian Acrylics Ltd	Dheeraj Garg & PACs	15/04/2009 - 16/04/2009	Acq	150579	0.11	787590	0.59	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	08/05/2009	Acq	151050	0.08	11003650	5.67	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	08/05/2009	Acq	151050	0.08	11003650	5.67	*
514128	Konark Synthetic Ltd	Rakadevi Dalmia & PACs	--	Acq	3540000	60.51	4357322	0.00	#
500267	Majestic Auto Ltd	Hero Cycles Ltd	08/05/2009	Sale	625	0.01	2930409	28.18	#
500267	Majestic Auto Ltd	Hero Cycles Ltd	08/05/2009	Sale	625	0.01	2930409	28.18	*
532307	Melstar Information Technologies Ltd	Nirved Traders Pvt Ltd	12/03/2009	Acq	2248744	15.74	2248744	15.74	#
532307	Melstar Information Technologies Ltd	Shearson Investment & Trading Co. Pvt Ltd	12/03/2009 - 15/04/2009	Acq	2443979	17.11	2443979	17.11	#
532307	Melstar Information Technologies Ltd	Suresh Sadhuram Bansal	16/04/2009	Sale	493713	3.46	1161	0.00	#
524816	Natco Pharma Ltd	Time Cap Pharma Labs Ltd	07/05/2009 - 08/05/2009	Acq	20000	0.07	3318891	11.84	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	02/04/2009	Acq	2127	0.01	2345374	14.00	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	06/04/2009	Acq	103	0.00	2345477	14.00	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	09/04/2009	Acq	8070	0.05	2353547	14.05	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	13/04/2009	Acq	2920	0.02	2356467	14.07	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	15/04/2009	Acq	965	0.00	2357432	14.07	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	16/04/2009	Acq	2053	0.01	2359485	14.08	#
532912	Net 4 India Ltd	Sterling Capital (P) Ltd	17/04/2009	Acq	10054	0.08	2369539	14.15	#
531349	Panacea Biotec Ltd	First Lucre Partnership Co & PACs	08/05/2009	Acq	7000	0.01	45692537	68.36	*
523648	Plastiblends India Ltd	Varun S Kabra	07/05/2009	Acq	70773	1.09	502602	7.74	#
532106	Rei Agro Ltd	Aspective Vanijya Pvt Ltd	08/05/2009	Acq	19050	0.01	35902497	12.42	*
520008	Rico Auto Industries Ltd	Ashish Dhawan	06/05/2009	Acq	62375	0.05	6294960	5.01	#
532879	Sir Shadi Lal Enterprises Ltd	Shri Rajat Lal	04/05/2009	Acq	3367	0.07	879930	0.00	#
532879	Sir Shadi Lal Enterprises Ltd	Shri Vivek Viswanathan	04/05/2009	Acq	3333	0.06	1109060	0.00	#
532879	Sir Shadi Lal Enterprises Ltd	Shri Rajat Lal	29/04/2009	Acq	750	0.01	876563	0.00	#
532879	Sir Shadi Lal Enterprises Ltd	Shri Vivek Viswanathan	29/04/2009	Acq	750	0.01	1105727	0.00	#
530521	Virat Industries Ltd	Naozer Jamshed Aga	28/04/2009	Acq	33	0.00	408186	8.29	#
511601	Yash Management & Satellite Ltd	Pratibha Goyal	07/05/2009 - 08/05/2009	Acq	72500	0.74	190500	1.96	#
511601	Yash Management & Satellite Ltd	Pratibha Goyal	07/05/2009 - 08/05/2009	Acq	72500	0.74	190500	1.96	*

RESEARCH REPORTS

>Indian IT sector analysis

IT sector biggies INFOSYS, TCS and WIPRO ,The big three of IT Index
whose movement shows the way to CNXIT index .

Fundamentally nothing much changed on paper about valuations etc IT bound to
face margin pressures as spending has reduced drastically.

Old saying Market discounts things in advance..

ELLIOT wave analysis on three biggies show that the three are moving in unison
and probably trading in fourth wave,Which suggest buying in dips is a wise choice
still some time before Traders think of taking positional short trades.

The above charts show the similarity between the big three's wave structure.
So as far as IT is considered its a buy in dips till something drastic happens,
Though the buy need to be timed so that we get the stock near 4th wave end,
A good Option trade too possible here buying immediate out of money call near
4th wave end:).

See what research houses say about IT Sector

India IT Services (GOLDMAN SACHS)

So till next post try to trade them accordingly will try updating if things go other way.

Regards
Rish


RESEARCH REPORTS

>INSIDER TRADING 11-05-09

530499	AK Capital Services Ltd	A K Mittal	06/05/2009	B	23649	0.36	385049	5.83
530499	AK Capital Services Ltd	First Rand (Ireland) Plc	30/03/2009 - 06/05/2009	S	156507	2.37	100566	1.52
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	06/05/2009	B	17991	0.27	630591	9.55
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	06/05/2009	B	11		12001134	47.39
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	07/05/2009	B	6883	0.03	12008017	47.42
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	04/05/2009	B	12000	0.05	3952000	17.96
532668	Aurionpro Solutions Ltd	Arisaig Partners (Asia) P Ltd	05/05/2009	B	65423
532668	Aurionpro Solutions Ltd	Arisaig Partners (Asia) P Ltd	05/05/2009	S	278236		408891	2.76
532454	Bharti Airtel Ltd	Vijaya Sampath	07/05/2009	S	20000		10000
511196	Can Fin Homes Ltd	Canara Bank	--	B	2785	0.01	8429645	41.15
523477	Gujarat Gas Company Ltd	Sugata Sircar	04/05/2009	B	165		171230	0.27
523477	Gujarat Gas Company Ltd	Sugata Sircar	04/05/2009	B	4835		171065	0.27
523477	Gujarat Gas Company Ltd	Sugata Sircar	05/05/2009	B	1126		176230	0.28
523477	Gujarat Gas Company Ltd	Sugata Sircar	05/05/2009	B	3874		175104	0.27
523477	Gujarat Gas Company Ltd	Sugata Sircar	06/05/2009	B	2500		178730	0.28
523477	Gujarat Gas Company Ltd	Sugata Sircar	06/05/2009	B	2500		181230	0.28
500267	Majestic Auto Ltd	Hero Cycles Ltd	--	S	20873	0.20	2931034	28.19
517334	Motherson Sumi Systems Ltd	Samvardhana Motherson Fin Ltd	04/05/2009	B	8950213	2.52	140838015	39.61
517334	Motherson Sumi Systems Ltd	Vaaman Auto Industry	04/05/2009	S	5664937	1.59	0	0.00
517334	Motherson Sumi Systems Ltd	Vivek Chaand Sehgal	04/05/2009	S	2186826	0.00	12757156	3.59
511551	Networth Stock Broking Ltd	Sathyan Rajan	07/05/2009	S	325040		100000	0.89
500540	Premier Ltd	Doshi Holdings Pvt Ltd	04/05/2009 - 05/05/2009	B	11822	0.04	12047461	39.66
500376	Satyam Computer Services Ltd	FMR LLC & PACs	09/04/2009	S	11842454	1.76	27057197	4.02

530499	AK Capital Services Ltd	A K Mittal	06/05/2009	Acq	23649	0.36	385049	5.83	#
530499	AK Capital Services Ltd	A K Mittal	06/05/2009	Acq	23649	0.36	385049	5.84	*
530499	AK Capital Services Ltd	Second Leasing P Ltd	06/05/2009	Acq	17991	0.27	630591	9.55	#
530499	AK Capital Services Ltd	Second Leasing Pvt Ltd	06/05/2009	Acq	17991	0.27	630591	9.55	*
530499	AK Capital Services Ltd	FirstRand (Ireland) Public Ltd Company	30/03/2009 - 06/05/2009	Sale	156507	2.37	100566	1.52	#
511589	Almondz Capital & Management Services Ltd	Innovative Money Matters Pvt Ltd & PACs	05/05/2009	Acq	10000	0.09	2169702	21.65	*
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	05/05/2009	Acq	576		12001123	47.39	#
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	06/05/2009	Acq	11		12001134	47.39	#
500012	Andhra Petrochemicals Ltd	Jocil Ltd	07/05/2009	Acq	42732	0.05	610096	0.71	*
532994	Archidply Industries Ltd	Assam Timber Products Pvt Ltd	06/05/2009	Acq	13050	0.06	3965050	18.02	*
590059	Bihar Tubes Ltd	APL Infrastructure PVt Ltd & PAC	04/05/2009	Acq	800000	3.94	7675000	37.81	#
590059	Bihar Tubes Ltd	APL Infrastructure Pvt Ltd & PACs	04/05/2009	Acq	800000	3.94	7675000	37.81	*
511196	Can Fin Homes Ltd	Canara Bank	07/05/2009	Acq	2785	0.01	8429645	41.15	#
500162	GMR Industries Ltd	GMR Holdings Pvt Ltd	29/04/2009 - 07/05/2009	Acq	536929	2.68	14662905	73.45	*
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	06/05/2009 - 07/05/2009	Acq	561000	0.29	10852600	5.59	#
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	06/05/2009 - 07/05/2009	Acq	561000	0.29	10852600	5.59	*
512559	Kohinoor Foods Ltd	Shri Jugal Kishore Arora	05/05/2009	Acq	100000	0.36	3241311	11.50	*
512559	Kohinoor Foods Ltd	Shri Satnam Arora	05/05/2009	Acq	184279	0.65	2638755	9.36	*
500267	Majestic Auto Ltd	Hero Cycles Ltd	07/05/2009	Sale	20873	0.20	2931034	28.19	#
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	06/05/2009	Acq	59029	0.02	35883447	12.41	#
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	21/04/2009	Acq	167506	0.06	35682418	12.35	#
532106	Rei Agro Ltd	Aspective Vanijya P Ltd	23/04/2009	Acq	142000	0.05	35824418	12.39	#
532691	Tulip Telecom Ltd	Swiss Finance Corporation (M) Ltd	06/05/2009	Acq	79453	0.28	1524992	5.26	*

RESEARCH REPORTS