>INSIDER TRADING 09-09-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
519183	Adf Foods Ltd	Mrs Priyanka B Thakkar	10/08/2009	B	33500		113216	0.64
519183	Adf Foods Ltd	Parul B Thakkar	05/08/2009	B	1300		254800	1.44
519183	Adf Foods Ltd	Parul B Thakkar	07/08/2009	B	1000		255800	1.45
519183	Adf Foods Ltd	Parul B Thakkar	10/08/2009	B	14174		271474
519183	Adf Foods Ltd	Parul B Thakkar	10/08/2009	B	1500		257300	1.46
519183	Adf Foods Ltd	Parul B Thakkar	26/06/2009	B	4131		253500	1.43
530715	Alps Industries Ltd	Beaumaris Investments Ltd	03/08/2009	S	8690	0.03	0	0.00
532828	AMD Industries Ltd	Harswarup Gupta	28/08/2009	B	7225		2478545	12.93
500039	Banco Products (India) Ltd	Samir K Patel	12/08/2009	B	8000		3791994	5.34
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	B	62	0.00	581455	5.53
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	B	702	0.00	582157	5.54
531590	Bilpower Ltd	Choudhary Global Ltd	13/08/2009	B	1458	0.01	585682	5.57
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	B	3192	0.03	594007
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	B	5133	0.04	590815
530871	Chembond Chemicals Ltd	Dr. Vinod D Shah	28/07/2009	B	100		450292
530871	Chembond Chemicals Ltd	Nirmal V Shah (HUF)	14/08/2009	S	25		375
500645	Deepak Fertilisers & Petrochemicals Corporation Ltd	Franklin Templeton Mutual Fund	27/08/2009	S	150000	0.17	2610899	2.96
511072	Dewan Housing Finance Corporation Ltd	S Y Sankhe	11/08/2009	B	5000	0.01	5000	0.01
532927	eClerx Services Ltd	Burwood Ventures Ltd	12/08/2009	S	1250000		2063250	10.85
532927	eClerx Services Ltd	Nambe Investment Holdings	12/08/2009	B	1293857		1293857	6.80
532726	Gallantt Metal Ltd	Hipoline Commerce Pvt Ltd	--	B	9030000	11.10	11550000	14.20
530945	Gangotri Iron & Steel Company Ltd	GBK Resources Pvt Ltd	28/08/2009	S	85000	1.10	326971	4.25
512493	Garnet International Ltd	Indira Gaggar & PACs	14/08/2009	B	5600	0.12	2448865	51.83
532672	Glodyne Technoserve Ltd	Amit Prakash Jaste	27/08/2009	B	6134		12268	0.05
532672	Glodyne Technoserve Ltd	Annand Sarnaaik	27/08/2009	B	4417863		8835726	39.44
532672	Glodyne Technoserve Ltd	Dhiren B Kothary	27/08/2009	B	2400		4800	0.02
532672	Glodyne Technoserve Ltd	Divyayani A Sarnaaik	27/08/2009	B	2642363		5284726	23.59
532672	Glodyne Technoserve Ltd	Mrs Nita D Kothary	27/08/2009	B	1000		2000
532672	Glodyne Technoserve Ltd	Y Krishnamurthy	27/08/2009	B	1550		3100	0.01
500010	Housing Development Finance Corporation Ltd	Girish V Koliyote	03/10/2008 - 24/08/2009	S	250		84	0.00
532960	Indiabulls Securities Ltd	Ashok Sharma	31/08/2009	B	40000		176000	0.07
522183	ITL Industries Ltd	Manish Jain	13/08/2009 - 14/08/2009	B	1211
522183	ITL Industries Ltd	Shekhar Jain	14/08/2009	B	542
532741	Kamdhenu Ispat Ltd	Kamdhenu Concast Ltd	05/08/2009	B	23500	0.12	120510	0.63
532741	Kamdhenu Ispat Ltd	Kamdhenu Concast Ltd	10/08/2009	B	5000	0.02	125510	0.66
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	14/08/2009	B	4696	0.04	987000	8.27
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	19/08/2009	B	100	0.00	999401	8.37
512559	Kohinoor Foods Ltd	Temptation Foods Ltd	02/07/2009 - 20/08/2009	S	564888	2.00	2213716	7.86
500247	Kotak Mahindra Bank Ltd	Paul Parambi	24/08/2009	S	3200		6775
500247	Kotak Mahindra Bank Ltd	Shivaji Dam	21/08/2009	S	1000		218845	0.06
523323	Kovai Medical Center & Hospital Ltd	Dr Thavamani Devi Palaniswami	07/08/2009	B	33963	0.31	1543278	14.10
526045	Luminaire Technologies Ltd	J K Sethi	--	S
500271	Max India Ltd	Medicare Investments Ltd	21/08/2009	B	55000	0.02	11534898	4.96
500271	Max India Ltd	Medicare Investments Ltd (Revised)	20/08/2009	B	60000	0.03	11479898	4.94
531453	Mohit Industries Ltd	Madhu N Saboo	03/08/2009	B	4000		316100	2.71
531453	Mohit Industries Ltd	Madhu N Saboo	04/08/2009	B	9750		325850	2.79
531453	Mohit Industries Ltd	Madhu N Saboo	05/08/2009	B	100		325950	2.79
524816	Natco Pharma Ltd	A K S Bhujanga Rao	--	S
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	11/08/2009	B	200		205850	4.39
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	12/08/2009	B	250		206100	4.40
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	13/08/2009	B	150		206250	4.40
530377	Nila Infrastructures Ltd	Kiran B Vododaria	27/08/2009	B	4900000	0.00	14658100	11.90
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	11/08/2009	S	50000	0.19
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	12/08/2009	S	50000	0.19
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	11/08/2009	B	50000	0.19
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	12/08/2009	B	50000	0.19
531120	Patel Engineering Ltd	Patel Corporation Pvt Ltd	13/08/2009 - 14/08/2009	B	2727	0.00	14264727	23.91
531120	Patel Engineering Ltd	Praham India Pvt Ltd	13/08/2009 - 14/08/2009	B	3000	0.01	13832000	23.18
504288	Polar Industries Ltd	Asset Reconstruction Company (India) Ltd	10/07/2009	B	3074300	14.50	3074300	14.50
500540	Premier Ltd	Doshi Holdings Pvt. Ltd	31/08/2009	B	5000	0.02	12424613	40.91
530695	Prime Property Development Corporation Ltd	Padamshi L Soni	14/08/2009	B	870		9734495	48.67
531273	Radhe Developers India Ltd	Ashish P Patel	06/08/2009	B	68111		20914731	8.31
531273	Radhe Developers India Ltd	Ashish P Patel	07/08/2009	B	250000		21164731	8.40
531273	Radhe Developers India Ltd	Jahnavi A Patel	06/08/2009	B	300000		53396230	21.20
531273	Radhe Developers India Ltd	Jahnavi A Patel	07/08/2009	B	300000		53696230	21.32
533033	Saraswati Industrial Syndicate Ltd	The Yamuna Syndicate Ltd	27/08/2009	B	687	0.01	3058595	41.50
532886	SEL Manufacturing Company Ltd	Dhiraj Saluja	28/08/2009	B	950000		1155126	6.06
532886	SEL Manufacturing Company Ltd	Reema Saluja	28/08/2009	B	941000		1131682	5.94
530549	Shilpa Medicare Ltd	Rani Inani / Kamal Kishore Inani	22/08/2009	S	43750	0.20	31250	0.14
530549	Shilpa Medicare Ltd	Suraj Kumar Inani	22/08/2009	B	43750	0.20	311203
532793	Shree Ashtavinayak Cine Vision Ltd	Dehlia Traders Pvt. Ltd	27/08/2009	S	100000	0.09	33566270	32.03
507446	Simbhaoli Sugars Ltd	Dholdhar Investments Pvt Ltd	11/08/2009	S	74000	0.32	5247517	22.82
507446	Simbhaoli Sugars Ltd	Dholdhar Investments Pvt Ltd	12/08/2009	S	30000	0.13	5217517	22.69
507446	Simbhaoli Sugars Ltd	Dholdhar Investments Pvt Ltd	13/08/2009	S	50000	0.22	5167517	22.47
507998	Simmonds Marshall Ltd	Clover Technologies Pvt Ltd	04/08/2009	B	3377		245676	11.69
507998	Simmonds Marshall Ltd	Clover Technologies Pvt Ltd	31/07/2009	B	10175		241819	11.51
532419	Smartlink Network Systems Ltd	Nitin Kunkolien Ker	29/08/2009	B	956853		1027448	3.42
512413	Spectacle Industries Ltd	Sangita Bansal	14/08/2009	S	20260		0	0.00
513262	Steel Strips Wheels Ltd	Dheeraj Garg	28/08/2009	B	766		750589	5.74
512179	Sunteck Realty Ltd	Buteo Finance & Investment Pvt Ltd	28/08/2009	B	2000	0.01	12062	0.10
530239	Suven Life Sciences Ltd	kalyani Jasti	01/07/2009 - 20/08/2009	B	137574	0.12	9951787	8.59
530239	Suven Life Sciences Ltd	Madhavi Jasti	06/07/2009 - 20/08/2009	B	163974	0.14	9917340	8.56
530239	Suven Life Sciences Ltd	NVS Ramakrishna	25/08/2009 - 26/08/2009	S	65000		190000	0.16
501301	Tata Investment Corporation Ltd	Tata Sons Ltd	12/08/2009	B	6155511	14.89	25298149
500427	Uniflex Cables Ltd	F B Virani	04/08/2009	B	274	0.00	274	0.00
512070	United Phosphorus Ltd	HDFC Arbitrage Fund	09/07/2008 - 31/07/2008	S	2800	0.00	0	0.00
512070	United Phosphorus Ltd	HDFC Arbitrage Fund	21/02/2008 - 22/02/2008	B	2800	0.00
512070	United Phosphorus Ltd	HDFC Capital Builder Fund	13/08/2008 - 22/08/2008	B	300000	0.07
512070	United Phosphorus Ltd	HDFC Capital Builder Fund	29/10/2008	B	300000	0.07	600000	0.14
512070	United Phosphorus Ltd	HDFC Childrens Gift Fund	12/11/2007	B	19000	0.00
512070	United Phosphorus Ltd	HDFC Childrens Gift Fund	23/05/2008	S	4000	0.00
512070	United Phosphorus Ltd	HDFC Childrens Gift Fund	29/10/2008	B	15000	0.00	30000	0.00
512070	United Phosphorus Ltd	HDFC Core & Satellite Ltd	24/09/2007 - 22/05/2009	S	634000	0.14
512070	United Phosphorus Ltd	HDFC Core & Satellite Ltd	25/06/2007 - 06/02/2008	S	273392	0.06
512070	United Phosphorus Ltd	HDFC Core & Satellite Ltd	29/10/2008	B	705000	0.16
512070	United Phosphorus Ltd	HDFC Equity Fund	09/02/2007 - 02/08/2007	B	1441576	0.32
512070	United Phosphorus Ltd	HDFC Equity Fund	09/05/2007 - 11/08/2009	S	9899847	2.25
512070	United Phosphorus Ltd	HDFC Equity Fund	15/06/2007 - 25/06/2007	B	207203	0.04	44641	0.01
512070	United Phosphorus Ltd	HDFC Equity Fund	29/10/2008	B	4476092	1.02
513216	Uttam Galva Steels Ltd	Ankit Miglani	27/08/2009	B	922500	0.77	1835000	1.53
513216	Uttam Galva Steels Ltd	Anuj Miglani	27/08/2009	B	922500	0.77	2280000	1.90
513216	Uttam Galva Steels Ltd	Archana Miglani	27/08/2009	B	307500	0.26	307500	0.26
513216	Uttam Galva Steels Ltd	Neelam Miglani	27/08/2009	B	1127500	0.94	1791200	1.49
513216	Uttam Galva Steels Ltd	Priyanka Miglani	27/08/2009	B	307500	0.26	307500	0.26
513216	Uttam Galva Steels Ltd	R.K.Miglani	27/08/2009	B	1383750	1.15	2424745	2.02
513216	Uttam Galva Steels Ltd	Sheetal Miglani	27/08/2009	B	153750	0.13	203750	0.17
532953	V Guard Industries Ltd	Mithun K Chittilappilly	07/08/2009 - 11/08/2009	B	43776		4459986	14.94
533011	Vishal Information Technologies Ltd	Chirag Dilipkumar Parekh	10/08/2009	S	100000		500000	0.31
533011	Vishal Information Technologies Ltd	Chirag Dilipkumar Parekh	11/08/2009	S	50000		450000	0.27
522029	Windsor Machines Ltd	DGP Windsor Ltd	26/08/2009	S	425000	3.26	3189874	24.47

519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd	27/08/2009 - 29/08/2009	Acq	15000	0.18	781009	9.19	#
519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd & PACs	27/08/2009 - 29/08/2009	Acq	15000	0.18	4231644	49.78	#
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	Acq	764	0.00	582157	5.54	#
531590	Bilpower Ltd	Choudhary Global Ltd	11/08/2009	Acq	764	0.00	582157	5.54	*
531590	Bilpower Ltd	Choudhary Global Ltd	13/08/2009	Acq	1458	0.01	585682	5.57	#
531590	Bilpower Ltd	Choudhary Global Ltd	13/08/2009	Acq	1458	0.01	585682	5.57	*
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	Acq	8325	0.07	594007	5.65	*
531590	Bilpower Ltd	Choudhary Global Ltd	14/08/2009	Acq	8325	0.08	594007	5.65	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	18/08/2009	Acq	97832	0.02	46176629	11.09	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	19/08/2009	Acq	445000	0.11	46621629	11.20	#
500085	Chambal Fertilisers & Chemicals Ltd	Poddar Heritage Investments Ltd	19/08/2009	Acq	100000	0.02	115407	0.03	#
500085	Chambal Fertilisers & Chemicals Ltd	Zuari Industries Ltd	21/08/2009	Acq	100000	0.02	55543334	13.34	#
530871	Chembond Chemicals Ltd	Nirmal V Shah (HUF)	14/08/2009	Sale	25	0.00	375	0.01	#
530871	Chembond Chemicals Ltd	Dr. Vinod D shah	29/07/2009	Acq	100	0.00	450392	15.01	#
532848	Delta Corp Ltd	Pacific Corporate Services Ltd	12/08/2009	Sale	19422	0.01	8901280	6.57	*
532848	Delta Corp Ltd	Pacific Corporate Services Ltd	31/07/2009	Sale	498	0.00	8920702	6.58	*
532927	eClerx Services Ltd	Burwood Ventures Ltd	12/08/2009	Sale	1250000	6.57	2063250	10.86	#
532927	eClerx Services Ltd	Nambe Investment Holdings	12/08/2009	Acq	1293857	6.80	1293857	6.80	#
512493	Garnet International Ltd	Indira Gaggar	14/08/2009	Acq	5600	0.12	235567	4.99	#
512493	Garnet International Ltd	Indira Gaggar	14/08/2009	Acq	5600	0.12	235567	4.99	*
512493	Garnet International Ltd	Indira Gaggar & PACs	14/08/2009	Acq	5600	0.12	2448865	51.83	#
512493	Garnet International Ltd	Indira Gaggar & PACs	14/08/2009	Acq	5600	0.12	2448865	51.83	*
532894	Indowind Energy Ltd	Bekae Properties Pvt Ltd	23/07/2009 - 24/07/2009	Acq	60000	0.13	60000	0.13	#
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	14/08/2009	Acq	4696	0.04	987000	8.27	#
531892	Khandwala Securities Ltd	Bentley Investments Pvt Ltd	19/08/2009	Acq	100	0.00	999401	8.37	#
509732	Kothari Industrial Corporation Ltd	Pradip D Kothari	10/08/2009	Acq	585690	4.69	1366288	10.94	*
523323	Kovai Medical Center & Hospital Ltd	Dr. Thavamani Devi Palaniswami	07/08/2009	Acq	33963	0.31	1543278	14.10	#
532819	MindTree Ltd	Kotak Mahindra (UK) Ltd	26/08/2009	Acq	55504	0.14	2010553	5.13	#
532819	MindTree Ltd	Kotak Mahindra (UK) Ltd	26/08/2009	Acq	55504	0.14	2010553	5.13	*
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	11/08/2009	Sale	50000	0.00	1215300		#
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	11/08/2009	Acq	50000		50200		#
530605	Nova Petrochemicals Ltd	Chiripal Enterprises Ltd	12/08/2009	Sale	50000	0.00	1165300		#
530605	Nova Petrochemicals Ltd	Savitridevi V Chiripal	12/08/2009	Acq	50000		100200		#
513228	Pennar Industries Ltd	Spinnaker Global Emerging Markets Funds Ltd (Revised)	27/08/2009	Sale	2586480	2.04	4289398	3.40	*
513228	Pennar Industries Ltd	Spinnaker Global Opportunity Fund Ltd (Revised)	27/08/2009	Sale	1724370	1.36	2859681	2.26	*
513228	Pennar Industries Ltd	Spinnaker Global Strategic Fund Ltd (Revised)	27/08/2009	Sale	789150	0.62	1308721	1.03	*
504288	Polar Industries Ltd	Asset Reconstruction Company (India) Ltd	10/07/2009	Acq	3074300	14.50	3074300	14.50	#
533033	Saraswati Industrial Syndicate Ltd	The Yamuna Syndicate Ltd	27/08/2009	Acq	687	0.01	3058595	41.50	#
533033	Saraswati Industrial Syndicate Ltd	The Yamuna Syndicate Ltd	27/08/2009	Acq	687	0.01	3058595	41.50	*
532886	SEL Manufacturing Company Ltd	Dhiraj Saluja & Reema Saluja	28/08/2009	Acq	1891000	9.92	10407637	54.61	#
532886	SEL Manufacturing Company Ltd	Dhiraj Saluja & Reema Saluja	28/08/2009	Acq	1891000	9.92	10407637	54.61	*
513262	Steel Strips Wheels Ltd	Dheeraj Garg	28/08/2009	Acq	766	0.01	750589	5.74	#
513262	Steel Strips Wheels Ltd	Dheeraj Garg	28/08/2009	Acq	766	0.01	750589	5.74	*
513262	Steel Strips Wheels Ltd	Dheeraj Garg & PACs	28/08/2009	Acq	766	0.01	6796946	52.02	#
513262	Steel Strips Wheels Ltd	Dheeraj Garg & PACs	28/08/2009	Acq	766	0.01	6796946	52.02	*
512179	Sunteck Realty Ltd	Buteo Finance & Investment Pvt Ltd	01/09/2009 - 02/09/2009	Acq	1755	0.01	13817	0.11	*
512179	Sunteck Realty Ltd	Buteo Finance & Investment Pvt Ltd	28/08/2009	Acq	2000	0.01	12062	0.10	*
530199	Themis Medicare Ltd	Dr Dinesh S Patel	12/08/2009	Acq	335	0.00	406795	5.05	*
530199	Themis Medicare Ltd	Mrs. Jayshree D Patel	12/08/2009	Acq	500	0.00	508132	6.31	*
524717	Titan Biotech Ltd	Titan Securities Ltd	18/08/2009	Acq	651	0.01	1588908	28.68	#
513216	Uttam Galva Steels Ltd	Anju Miglani	27/08/2009	Acq	922500	0.77	2280000	1.90	#
513216	Uttam Galva Steels Ltd	Ankit Miglani	27/08/2009	Acq	922500	0.77	1835000	1.53	#
513216	Uttam Galva Steels Ltd	Archna Miglani	27/08/2009	Acq	307500	0.26	307500	0.26	#
513216	Uttam Galva Steels Ltd	Nilam Miglani	27/08/2009	Acq	1127500	0.94	1791200	1.49	#
513216	Uttam Galva Steels Ltd	Priyanka Miglani	27/08/2009	Acq	307500	0.26	307500	0.26	#
513216	Uttam Galva Steels Ltd	R.K. Miglani	27/08/2009	Acq	1383750	1.15	2424745	2.02	#
513216	Uttam Galva Steels Ltd	Sheetal Miglani	27/08/2009	Acq	153750	0.13	203750	0.17	#
513005	VBC Ferro Alloys Ltd	Madhuri Damani	19/08/2009	Acq	10000	0.24	213089	5.08	*
531544	Vertex Spinning Ltd	Drishti Finvest Pvt Ltd	10/08/2009	Sale	10000	0.01	3708944	1.85	*
517498	Webel-Sl Energy Systems Ltd	Mavi Investment Fund Ltd	10/08/2009	Acq	300000	3.08	542000	5.57	*
522029	Windsor Machines Ltd	DGP Windsor Ltd	26/08/2009	Sale	425000	3.26	3189874	24.47	#
522029	Windsor Machines Ltd	DGP Windsor Ltd	26/08/2009	Sale	425000	3.26	3189874	24.47	*
530665	Zenith Healthcare Ltd	Akshit M Raycha	17/08/2009	Acq	9000	0.02	1006523	1.87	#
530665	Zenith Healthcare Ltd	Akshit M Raycha	18/08/2009	Acq	125	0.00	1006648	1.87	#

RESEARCH REPORTS

>INSIDER TRADING 08-09-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
533022	20 Microns Ltd	Atul H Patel	--	S
500002	ABB Ltd	Life Insurance Corporation of India	18/12/2008 - 12/08/2009	B	4413809	2.08	34251130	16.16
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	28/08/2009	B	10000		12201279	48.19
531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd	28/08/2009	B	10000		12211279	48.22
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt. Ltd & Others	28/08/2009	B	18285		7126814	35.98
506395	Coromandel Fertilisers Ltd	B V R Mohan	28/08/2009	B	10000		24000
532312	Geometric Ltd	Godrej Investments Pvt. Ltd	28/08/2009	B	183730		6361869
509567	Goa Carbon Ltd	Shrinivas V. Dempo	18/08/2009	B	10		147400	1.61
509567	Goa Carbon Ltd	Shrinivas V. Dempo	21/08/2009	B	70		147470	1.61
509567	Goa Carbon Ltd	Shrinivas V. Dempo	26/08/2009	B	235		147705	1.61
530315	Hindustan Tin Works Ltd	Ashok Bhatia	27/08/2009	B	2500
530315	Hindustan Tin Works Ltd	Ashok Bhatia	27/08/2009	S	2500		593450	5.71
530315	Hindustan Tin Works Ltd	Gaurav Bhatia	17/08/2009 - 18/08/2009	B	20340		95020	0.91
530315	Hindustan Tin Works Ltd	Gaurav Bhatia	27/08/2009	B	7500		102520	0.99
530315	Hindustan Tin Works Ltd	Gaurav Bhatia	31/08/2009	B	5000		107520	1.03
530315	Hindustan Tin Works Ltd	Parass Bhatia	17/08/2009	B	4450		138130	1.32
530315	Hindustan Tin Works Ltd	Roopam Bhatia	27/08/2009	B	4190		26900	0.26
530315	Hindustan Tin Works Ltd	Sareeta Bhatia	27/08/2009	B	1000		297500	2.86
530315	Hindustan Tin Works Ltd	Usha Bhatia	27/08/2009	B	5000		360400	3.47
532873	Housing Development & Infrastructure Ltd	Macquarie Bank Ltd	03/09/2009	S	238000	0.07	12759822	3.69
532873	Housing Development & Infrastructure Ltd	Macquarie Bank Ltd	03/09/2009	S	512000	0.15	12997822	3.76
523405	JM Financial Ltd	Ashith N. Kampani	26/08/2009	S	20000		32775
500247	Kotak Mahindra Bank Ltd	Chandrashekar Rao	12/08/2009	S	825		825
500247	Kotak Mahindra Bank Ltd	Dipak Gupta	11/08/2009	S	2500		291750	0.08
500247	Kotak Mahindra Bank Ltd	Dipak Gupta	13/08/2009	S	2500		289250	0.08
500247	Kotak Mahindra Bank Ltd	K V S Manian	14/08/2009	S	2000
500247	Kotak Mahindra Bank Ltd	Paritosh Kashyap	10/08/2009	S	15000		14347
500247	Kotak Mahindra Bank Ltd	Paritosh Kashyap	11/08/2009	S	14347		0
500247	Kotak Mahindra Bank Ltd	Paul Parambi	10/08/2009	S	3245		9975
500247	Kotak Mahindra Bank Ltd	Rasesh Deviprasad Vasa	10/08/2009	S	200		3322
500247	Kotak Mahindra Bank Ltd	Rasesh Deviprasad Vasa	11/08/2009	S	300		3022
500247	Kotak Mahindra Bank Ltd	Rasesh Deviprasad Vasa	13/08/2009	S	300		2722
500247	Kotak Mahindra Bank Ltd	Sanjay M Belsare	11/08/2009	S	1000		2045
500247	Kotak Mahindra Bank Ltd	Shalini Mehta	10/08/2009	S	1942		11000
500247	Kotak Mahindra Bank Ltd	Shivaji Dam	10/08/2009	S	1000		220845
500247	Kotak Mahindra Bank Ltd	Shivaji Dam	11/08/2009	S	1000		219845
500271	Max India Ltd	Liquid Investment & Trading Company	20/08/2009	B	60000	0.03	22460492	9.55
513023	Nava Bharat Ventures Ltd	H B Ojha	13/08/2009	S	140		1300
513023	Nava Bharat Ventures Ltd	H B Ojha	21/08/2009	S	50		1250
513023	Nava Bharat Ventures Ltd	H B Ojha	25/08/2009	S	10		1240
513228	Pennar Industries Ltd	Spinnaker Global Emerging Markets Fund Ltd	27/08/2009	S	2586480	2.04	4289398	3.39
513228	Pennar Industries Ltd	Spinnaker Global Opportunity Fund Ltd	27/08/2009	S	1724370	1.36	2859681	2.26
513228	Pennar Industries Ltd	Spinnaker Global Strategic Fund Ltd	27/08/2009	S	789150	0.62	1308721	1.03
532886	SEL Manufacturing Company Ltd	Ritu Saluja	01/09/2009	S	100100		3446269	18.08
532670	Shree Renuka Sugars Ltd	A V Turambekar	31/08/2009	B	25000	0.01	25000	0.01
532670	Shree Renuka Sugars Ltd	Abhay Agarwal	31/08/2009	B	25000	0.01	25000	0.01
532670	Shree Renuka Sugars Ltd	Gururaj Rao W	31/08/2009	B	25000	0.01	25000	0.01
532670	Shree Renuka Sugars Ltd	Nitin Kumar Bhandari	31/08/2009	B	25000	0.01	25000	0.01
502742	Sintex Industries Ltd	SMALLCAP World Fund Inc.	06/08/2009	S	530725	0.39	7393001	5.42
532667	Suzlon Energy Ltd	Balrajsinh A Parmar	10/08/2009	B	4971		19869520	1.28

531400	Almondz Global Securities Ltd	Almondz Cap & Mgmt Ser Ltd & PACs	28/08/2009	Acq	20000	0.08	12211279	48.22	#
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt Ltd & Others	28/08/2009	Acq	18285	0.09	7126814	35.98	*
531881	Arvind Chemicals Ltd	Ruchika Tradelink Pvt. Ltd & Others	28/08/2009	Acq	18285	0.09	7126814	35.98	#
519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd	21/08/2009 - 27/08/2009	Acq	30000	0.35	766009	9.01	#
519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd & PACs (Revised)	21/08/2009 - 27/08/2009	Acq	30000	0.35	4216644	49.61	#
500085	Chambal Fertilisers & Chemicals Ltd	Zuari Industries Ltd	11/08/2009	Acq	280000	0.07	55223334	13.27	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	12/08/2009	Acq	21526	0.00	45125703	10.84	#
500085	Chambal Fertilisers & Chemicals Ltd	Zuari Industries Ltd	12/08/2009	Acq	220000	0.05	55443334	13.32	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	13/08/2009	Acq	275652	0.07	45401355	10.91	#
500085	Chambal Fertilisers & Chemicals Ltd	Hindustan Times Ltd	14/08/2009	Acq	237442	0.06	45638797	10.97	#
532312	Geometric Ltd	Godrej Investments Pvt. Ltd.(PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	28/08/2009	Acq	183730	0.29	6361869	10.24	#
532312	Geometric Ltd	Godrej Investments Pvt. Ltd.(PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	28/08/2009	Acq	183730	0.29	6361869	10.24	*
509567	Goa Carbon Ltd	Shrinivas V Dempo	18/08/2009 - 26/08/2009	Acq	315	0.00	147705	1.61	*
509567	Goa Carbon Ltd	Shrinivas V. Dempo	18/08/2009 - 26/08/2009	Acq	315		147705	1.61	#
532947	IRB Infrastructure Developers Ltd	Dattatraya Pandurang Mhaiskar	27/08/2009	Sale	54700	0.18	29715813		*
500243	Kirloskar Oil Engines Ltd	Better Value Holdings Pvt Ltd	14/09/2009	Acq	14300000	7.37	26809482	13.81	@
513228	Pennar Industries Ltd	Spinnaker Global Emerging Markets Fund Ltd	27/08/2009 - 28/08/2009	Sale	2586480	2.04	4289398	3.39	#
513228	Pennar Industries Ltd	Spinnaker Global Opportunity Fund Ltd	27/08/2009 - 28/08/2009	Sale	1724370	1.36	2859681	2.26	#
513228	Pennar Industries Ltd	Spinnaker Global Strategic Fund Ltd	27/08/2009 - 28/08/2009	Sale	789150	0.62	1308721	1.03	#
532461	Punjab National Bank	LIC of India	07/08/2009	Acq	264493	0.08	31676998	10.04	#
502742	Sintex Industries Ltd	SMALLCAP World Fund Inc.	06/08/2009	Sale	530725	0.39	7393001	5.42	#

RESEARCH REPORTS

>INSIDER TRADING 07-09-09

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
533022	20 Microns Ltd	Mihir Joshi	--	S
500425	Ambuja Cements Ltd	B L Taparia	28/08/2009	S	10000		448750	0.03
500425	Ambuja Cements Ltd	B L Taparia	28/08/2009	S	10000		458750	0.03
500425	Ambuja Cements Ltd	Harendra Suryakant Patel	26/08/2009	S	1000		8775
530355	Asian Oilfield Services Ltd	Consolidated Securities Ltd	26/08/2009	S	226990		917998	8.14
500096	Dabur India Ltd	Jude Magima	28/08/2009	B	30125		436435	0.05
532526	Dishman Pharmaceuticals & Chemicals Ltd	Dr. Pardeep Narula	--	S
532696	Educomp Solutions Ltd	Dr. Shayama Chona	--	S
532696	Educomp Solutions Ltd	Rajiv K. Luthra	--	S
526881	Financial Technologies India Ltd	V Hariharan	27/08/2009	S	2900		6750	0.01
526881	Financial Technologies India Ltd	V Hariharan	28/08/2009	S	405		6345	0.01
526881	Financial Technologies India Ltd	V Hariharan	31/08/2009	S	3100		3245	0.00
500179	HCL Infosystems Ltd	Devinder Singh Puri & Relatives	26/08/2009	S	11000		18731	0.01
500010	Housing Development Finance Corporation Ltd	Deepak S Parekh	21/08/2009 - 25/08/2009	B	8457		360000	0.13
500010	Housing Development Finance Corporation Ltd	Renu S Karnad	21/08/2009 - 25/08/2009	B	9000		220309	0.07
532777	Info Edge India Ltd	Sandeep Murthy	31/08/2009 - 01/09/2009	S	7347		33296	0.12
531687	Karuturi Global Ltd	Manoj Kumar Agarwal	31/08/2009	S	100000		230000	0.05
500247	Kotak Mahindra Bank Ltd	Agnel Victor	27/08/2009	S	2000		13807
500247	Kotak Mahindra Bank Ltd	K N Varadarajan	20/08/2009	S	500		4800
500247	Kotak Mahindra Bank Ltd	K N Varadarajan	21/08/2009	S	700		4100
500247	Kotak Mahindra Bank Ltd	K N Varadarajan	24/08/2009	S	600		3500
500247	Kotak Mahindra Bank Ltd	Ravi Duvvuru	24/08/2009	S	700		30785
500271	Max India Ltd	Medicare Investments Ltd	24/08/2009	B	50000	0.02	11584898	4.98
500271	Max India Ltd	Medicare Investments Ltd	25/08/2009 - 26/08/2009	B	117000	0.05	11701898	5.04
500271	Max India Ltd	Medicare Investments Ltd	27/08/2009	B	75000	0.03	11776898	5.07
500271	Max India Ltd	Medicare Investments Ltd	28/08/2009	B	70000	0.03	11846898	5.10
532819	MindTree Ltd	LSO Investments Pvt. Ltd	31/08/2009	S	10000		1755663	4.48
513023	Nava Bharat Ventures Ltd	M.Srinivas	12/08/2009 - 24/08/2009	S	400		2150
532944	OnMobile Global Ltd	Kiran M A	26/08/2009	S	1338		468562	0.81
532944	OnMobile Global Ltd	Shrikiran D	02/09/2009	B	2938		2938
532944	OnMobile Global Ltd	Sidharth Sharma	--	S	10500		500	0.00
532810	Power Finance Corporation Ltd	Kalpana Kaul	25/08/2009	S	3467		15000
500540	Premier Ltd	Doshi Holdings Pvt Ltd	01/09/2009	B	7000	0.02	12431613	40.93
500540	Premier Ltd	Doshi Holdings Pvt Ltd	27/08/2009	B	10000	0.03	12409613	40.86
532886	SEL Manufacturing Company Ltd	Ritu Saluja	27/08/2009	S	49565		3546369	20.66
532667	Suzlon Energy Ltd	Amarsinh A Parmar	25/08/2009	S	11000		2820000	0.18
532667	Suzlon Energy Ltd	Balrajsinh A Parmar	24/08/2009	S	60500		19809020	1.27
532667	Suzlon Energy Ltd	Balrajsinh A Parmar	25/08/2009 - 26/08/2009	S	323500		19485520	1.25
532667	Suzlon Energy Ltd	Balrajsinh A Parmar	27/08/2009 - 28/08/2009	S	2110734		17374786	1.12
532667	Suzlon Energy Ltd	Balrajsinh A Parmar	31/08/2009	S	1250000		16124786	1.04
532667	Suzlon Energy Ltd	Beena K Vagadia	01/09/2009	S	200000		235000	0.02
532667	Suzlon Energy Ltd	Ranjitsinh A Parmar	01/09/2009	S	800000		10257533	0.66
532667	Suzlon Energy Ltd	Ranjitsinh A Parmar	24/08/2009	S	55000		14616033	0.94
532667	Suzlon Energy Ltd	Ranjitsinh A Parmar	25/08/2009 - 27/08/2009	S	1058500		13557533	0.87
532667	Suzlon Energy Ltd	Ranjitsinh A Parmar	28/08/2009	S	1250000		12307533	0.79
532667	Suzlon Energy Ltd	Sheela B Parmar	28/08/2009	S	10000		240000	0.02
532389	Valecha Engineering Ltd	Ratna Harish	25/08/2009	B	9201	0.05	9201	0.05

519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd & PACs	29/08/2009 - 31/08/2009	Acq	11000	0.13	4242644	49.91	#
519532	Asian Tea & Exports Ltd	Asian Capital Markets Ltd.	29/08/2009 - 31/08/2009	Acq	11000	0.13	792009	9.32	#
511196	Can Fin Homes Ltd	Canara Bank	01/09/2009	Acq	3056	0.01	8651958	42.23	*
511196	Can Fin Homes Ltd	Canara Bank	02/09/2009	Acq	1930	0.01	8653888	42.24	*
500085	Chambal Fertilisers & Chemicals Ltd	Earthstone Holding Pvt Ltd	20/08/2009 - 21/08/2009	Acq	393000	0.09	393000	0.09	#
500085	Chambal Fertilisers & Chemicals Ltd	Earthstone Holding Pvt Ltd	25/08/2009 - 27/08/2009	Sale	318000	0.07	75000	0.02	#
532312	Geometric Ltd	Godrej Investments Pvt. Ltd.(PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	31/08/2009	Acq	89247	0.14	6451116	10.38	#
532312	Geometric Ltd	Godrej Investments Pvt. Ltd.(PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	31/08/2009	Acq	89247	0.14	6451116	10.38	*
511116	HFCL Infotel Ltd	Himachal Futuristic Communications Ltd	28/08/2009	Acq	4500000	0.73	331205000	54.10	*
532305	Ind Swift Laboratories Ltd	Essix Biosciences Ltd	29/08/2009	Acq	637000	2.30	2491801	8.99	#
500520	Mahindra & Mahindra Ltd	Andromeda Investment & Finance Pvt Ltd	24/08/2009	Acq	740620	0.26	2078769	0.74	#
500520	Mahindra & Mahindra Ltd	Pentagram Investments India Pvt Ltd	24/08/2009	Sale	200615	0.07	0	0.00	#
500520	Mahindra & Mahindra Ltd	Port Investment Company Pvt Ltd	24/08/2009	Sale	540005	0.19	0	0.00	#
511688	Mathew Easow Research Securities Ltd	Vista Vyapar Private Ltd	31/08/2009	Acq	164146	5.47	164146	5.47	*
511652	Ram Kaashyap Investment Ltd	A Venktramani	07/08/2009	Acq	100000	1.73	592610	10.24	#
504378	Ravinay Trading Company Ltd	Asha M Chordia & Rajendra Chordia	31/08/2009	Acq	140000	14.00	140000	14.00	*
531901	Saarc Net Ltd	Govind Sharda	31/08/2009	Sale	110000	0.00	20943819		#
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia traders Pvt . Ltd.	27/08/2009	Sale	100000	0.09			*
532793	Shree Ashtavinayak Cine Vision Ltd	Dahlia Traders Pvt.Ltd & PACs	27/08/2009	Sale	100000	0.00	51075370	48.74	#
501301	Tata Investment Corporation Ltd	Tata Sons Ltd	12/08/2009	Acq	6155511	14.89	25298149	61.18	*
505400	Texmaco Ltd	Reliance Growth Fund & Reliance Infrastructure Fund	05/08/2009	Acq	5000000	3.93	7740060	6.08	#

RESEARCH REPORTS

>INSIDER TRADING 04-09-09

532475	Aptech Ltd	Pramod Khera	26/08/2009	S	20000		211115	0.11
530355	Asian Oilfield Services Ltd	Consolidated Securities Ltd	17/08/2009 - 24/08/2009	S	244163	2.17	1144988	10.16
500024	Assam Company Ltd	Reliance Capital Partners	25/08/2009	S	1000000	0.32	9000000	2.91
530427	Choksi Imaging Ltd	Gaurav S. Choksi	10/08/2009	B	3313		165859	4.25
530427	Choksi Imaging Ltd	Gaurav S. Choksi	11/08/2009	B	6451		172310	4.42
530427	Choksi Imaging Ltd	Gaurav S. Choksi	12/08/2009	B	6150		178460	4.58
530427	Choksi Imaging Ltd	Ms. Ratna P Mody	06/08/2009	B	4500		93050	2.39
530427	Choksi Imaging Ltd	Suresh V. Choksi	03/08/2009	B	10898		246772	6.32
530427	Choksi Imaging Ltd	Suresh V. Choksi	05/08/2009	B	9020		255792	6.56
501848	Garware Offshore Services Ltd	Ashok B Garware	--	B	7158		218977	0.92
514043	Himatsingka Seide Ltd	T Rowe Price Associates Inc.	25/08/2009	S	782718	0.79	3000864	3.05
522064	Honda Siel Power Products Ltd	Dilip Kumar Pathak	--	S
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	--	S	100000	0.04
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	--	S	200000	0.08
500257	Lupin Ltd	Alok Ghosh	26/08/2009	B	2268	0.00	2268	0.00
500257	Lupin Ltd	Atul J Gore	26/08/2009	B	2520		2590	0.00
500257	Lupin Ltd	Charusheela jadhav	28/08/2009	S	434		566	0.00
500257	Lupin Ltd	Dantu Muralikrishna	28/08/2009	S	980
500257	Lupin Ltd	Suresh P Jadhav	28/08/2009	S	1000		6219	0.00
532500	Maruti Suzuki India Ltd	Life Insurance Corporation of India	15/05/2007 - 24/08/2009	S	5845079	2.02	36964231	12.79
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	01/09/2009	B	17		208943
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	28/08/2009	B	125		208446
526721	Nicco Parks & Resorts Ltd	Rajive Kaul	31/08/2009	B	480		208926
532827	Page Industries Ltd	Nari Genomal	25/08/2009	S	2194		2352263	21.09
532827	Page Industries Ltd	Nari Genomal	27/08/2009	S	450		2351813	21.09
532827	Page Industries Ltd	Nari Genomal	28/08/2009	S	3083		2348730	21.06
532827	Page Industries Ltd	Ramesh Genomal	25/08/2009	S	1793		2351805	21.09
532827	Page Industries Ltd	Ramesh Genomal	27/08/2009	S	536		2351269	21.09
532827	Page Industries Ltd	Ramesh Genomal	28/08/2009	S	748		2350521	21.07
532827	Page Industries Ltd	Ramesh Genomal	31/08/2009	S	499		2350022	21.07
532827	Page Industries Ltd	Sunder Genomal	25/08/2009	S	1741		2352138	21.09
532827	Page Industries Ltd	Sunder Genomal	27/08/2009	S	540		2351598	21.08
532827	Page Industries Ltd	Sunder Genomal	28/08/2009	S	2003		2349595	21.06
532827	Page Industries Ltd	Sunder Genomal	31/08/2009	S	415		2349180	21.06
532810	Power Finance Corporation Ltd	Nalini Vanjani	27/08/2009	S	3000		15855	0.00
532810	Power Finance Corporation Ltd	R S Johri	27/08/2009	S	2700		6954	0.00
530073	Sanghvi Movers Ltd	Ramchandra Shankar Desai	26/08/2009	S	1000		1505
530073	Sanghvi Movers Ltd	Ramchandra Shankar Desai	28/08/2009	S	500		1005
526981	Shri Bajrang Alloys Ltd	Anand Goel	31/08/2009	B	1000		184985	2.05
532419	Smartlink Network Systems Ltd	Nitin Kunkolienker	31/08/2009	B	51000		1078448	3.59
590032	Zen Technologies Ltd	Y V Prasad	27/08/2009	S	241000	2.82	369000	4.32

506767	Alkyl Amines Chemicals Ltd	Yogesh M Kothari	07/08/2009	Acq	19844	0.19	6113311	59.95	*
500710	ICI India Ltd	Asian Paints Ltd	31/08/2009	Sale	100000	0.26	3660783	9.63	*
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	21/08/2009	Sale	200000	0.08	9016766	3.43	#
504336	Ind Tra Deco Ltd	Pleasant Textile Ltd	25/08/2009	Sale	100000	0.04			#
513228	Pennar Industries Ltd	Spinnakar Global Emerging Markets Fund Ltd	27/08/2009	Sale	2586480	2.04	4340620	3.44	*
513228	Pennar Industries Ltd	Spinnaker Global Opportunity Fund Ltd	27/08/2009	Sale	1724370	1.36	2893830	2.29	*
513228	Pennar Industries Ltd	Spinnaker Global Strategic Fund Ltd	27/08/2009	Sale	789150	0.62	1324350	1.05	*
531901	Saarc Net Ltd	Govind Sharda	27/08/2009	Sale	1000000	0.00	21053819		#
590051	Saksoft Ltd	Aditya Krishna	26/08/2009	Acq	1091	0.01	3635020	35.85	#
590051	Saksoft Ltd	Aditya Krishna	26/08/2009	Acq	1091	0.01	3635020	35.85	*
500780	Zuari Industries Ltd	Academiam Sales Pvt Ltd	20/08/2009	Acq	11191	0.04	15000	0.05	#
500780	Zuari Industries Ltd	Poddar Heritage Corp Ltd	26/08/2009	Acq	77	0.00	98804	0.33	#

RESEARCH REPORTS