>INSIDER TRADING 02-12-09(CITI Bank sold in Polaris soft)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
530093	ACE INDIA LTD.	Mrs. Mamta Narula	16/11/2009 - 19/11/2009	B	11041		66982	2.11
533029	ALKALI METALS LTD.	Dr. YVSS Murty	11/11/2009	S	82275		5427580	53.30
526433	ASM TECHNOLOGIES LTD.	IDS Systems Pvt Ltd	03/11/2009 - 06/11/2009	B	1865		192870	3.85
526433	ASM TECHNOLOGIES LTD.	IDS Systems Pvt Ltd	09/11/2009 - 10/11/2009	B	5500		198370	3.96
526433	ASM TECHNOLOGIES LTD.	IDS Systems Pvt Ltd	27/10/2009 - 30/10/2009	B	524		191005	3.82
532523	BIOCON LTD.	Prof. Charles Cooney	19/11/2009	S	30000		289522	0.14
531977	CHARTERED LOGISTICS LTD.	Nisha Kalyan	09/11/2009	B	39300		50600	1.02
512199	CORE PROJECTS & TECHNOLOGIES LTD.	Shekhar Iyer	05/11/2009	S	1000		674000	0.72
512199	CORE PROJECTS & TECHNOLOGIES LTD.	Shekhar Iyer	06/11/2009	S	1750		672250	0.71
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd	18/11/2009	B	14850	0.02	6657430	10.72
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd	19/11/2009	B	7864	0.01	6665294	10.73
500160	GTL LTD.	Abhay Prabhakar Thite	10/11/2009 - 11/11/2009	S	5000		37000	0.04
500160	GTL LTD.	S C Sahasrabudhe	06/11/2009	S	9000		18000	0.02
500160	GTL LTD.	Sophia Growth-A Share Class of Somerset India Fund	12/11/2008 - 05/11/2009	B	90000	0.09
500160	GTL LTD.	Sophia Growth-A Share Class of Somerset India Fund	12/11/2008 - 05/11/2009	S	2092314	2.18	5646786	5.90
506480	GULF OIL CORPORATION LTD.	Raman Gopal	18/11/2009	S	10000	0.01
512597	KEYNOTE CORPORATE SERVICES LTD.	Concept Communication Ltd	11/11/2009 - 12/11/2009	B	95060	1.35	2244743	31.98
532942	KNR CONSTRUCTIONS LTD.	B V Rama Rao	09/11/2009 - 18/11/2009	S	8711		16200	0.06
532942	KNR CONSTRUCTIONS LTD.	B V Rama Rao	20/11/2009	S	8000		8200	0.03
532942	KNR CONSTRUCTIONS LTD.	K Narasimha Reddy	19/11/2009	B	21050		9865479	35.08
532942	KNR CONSTRUCTIONS LTD.	K Narasimha Reddy	20/11/2009	B	22075		9887554	35.16
500247	KOTAK MAHINDRA BANK LTD.	Ashish Vora	10/11/2009	S	3000		2292
500247	KOTAK MAHINDRA BANK LTD.	Chirag Goyanka	09/11/2009	B	3187		4062
500247	KOTAK MAHINDRA BANK LTD.	Devang Gheewalla	09/11/2009	B	1592		4564
500247	KOTAK MAHINDRA BANK LTD.	Deven Shah	11/11/2009	S	1000		700
500247	KOTAK MAHINDRA BANK LTD.	Dipak Gupta	09/11/2009	B	30000		336750	0.09
500247	KOTAK MAHINDRA BANK LTD.	Himanshu V Vasa	09/11/2009	B	1670		4292
500247	KOTAK MAHINDRA BANK LTD.	Jaideep Hansraj	09/11/2009	S	2500		8385
500247	KOTAK MAHINDRA BANK LTD.	Jaideep Hansraj	09/11/2009	S	8300		85
500247	KOTAK MAHINDRA BANK LTD.	Jaimin Mukund	09/11/2009	B	5784		212641
500247	KOTAK MAHINDRA BANK LTD.	Rajmohan Krishnan	09/11/2009	B	3597		5889
500247	KOTAK MAHINDRA BANK LTD.	Rasesh D Vasa	09/11/2009	B	1522		3493
500247	KOTAK MAHINDRA BANK LTD.	Ravi Duvvuru	11/11/2009	S	2000		33285
500247	KOTAK MAHINDRA BANK LTD.	Shivaji Dam	09/11/2009	S	3000		210506	0.06
500247	KOTAK MAHINDRA BANK LTD.	Tejal A Shah	09/11/2009	B	1581		1581
500247	KOTAK MAHINDRA BANK LTD.	Vikram Sud	11/11/2009	S	10337		0
500247	KOTAK MAHINDRA BANK LTD.	Virat Diwanji	09/11/2009	B	1923		6653
509048	LANCOR HOLDINGS LTD.	R V Shekar	18/11/2009	B	90000		5911607	29.19
531241	LINC PEN & PLASTICS LTD.	Linc Writing Aids Pvt Ltd	--	B	40000	0.31	1475419	11.54
531241	LINC PEN & PLASTICS LTD.	Prakash Jain	--	S	40000	0.31	69500	0.54
532740	LOKESH MACHINES LTD.	Lokeswara Rao Mullapudi	18/11/2009	S	150000		787217	6.68
500260	MADRAS CEMENTS LTD.	Platinum Investment Mgmt Ltd	09/11/2009	B	1100000	0.46	12703701
500264	MAFATLAL INDUSTRIES LTD.	Hrishikesh A Mafatlal	12/11/2009	B	802310	8.17	821839	8.37
500264	MAFATLAL INDUSTRIES LTD.	Priyavrata H Mafatlal	12/11/2009	B	802310	8.17	802404	8.17
500264	MAFATLAL INDUSTRIES LTD.	Rekha H Mafatlal	12/11/2009	B	802310	8.17	804110	8.19
500264	MAFATLAL INDUSTRIES LTD.	Rupal V Mafatlal	12/11/2009	B	1203465	12.26	1203465	12.26
500264	MAFATLAL INDUSTRIES LTD.	Vishad P Mafatlal	12/11/2009	B	1203465	12.26	1206356	12.29
513269	MAN INDUSTRIES (INDIA) LTD.	JPA Holdings Pvt Ltd	17/11/2009	B	3500		485375	0.91
532932	MANAKSIA LTD.	Varun Agrawal	09/11/2009	B	12000		2570180	3.70
532932	MANAKSIA LTD.	Vineet Agrawal	09/11/2009	B	8000		2152495	3.10
500271	MAX INDIA LTD.	Liquid Investment & Trading Ltd	10/11/2009	B	669552	0.29	23070044	9.93
500294	NAGARJUNA CONSTRUCTION CO.LTD.	Utpal Sheth	--
532254	POLARIS SOFTWARE LAB LTD.	Citibank, N.A. (as Trustee for Orbitech Ltd)	27/10/2009 - 10/11/2009	S	2166360	2.19	20409655	20.67
532254	POLARIS SOFTWARE LAB LTD.	Orbitech Ltd	01/10/2009 - 05/10/2009	S	1089446	1.10	15379606	15.57
532810	POWER FINANCE CORPORATION LTD.	Ashok Gupta	29/07/2009 - 18/11/2009	S	2900		16504	0.00
506172	SAMPADA CHEMICALS LTD.	Himalaya Builders Pvt Ltd	--	S	21100
506172	SAMPADA CHEMICALS LTD.	Premier Commercial Co Pvt Ltd	--	S	100		0
507998	SIMMONDS MARSHALL LTD.	Clover Technologies Pvt Ltd	11/11/2009	B	2000		271419	12.92
521034	SOMA TEXTILES & INDUSTRIES LTD.	Mavi Investment Fund Ltd	14/10/2009 - 10/11/2009	S	969027	2.93	10569573	32.00

526433	ASM TECHNOLOGIES LTD.	IDS Systems Pvt Ltd	27/10/2009 - 10/11/2009	Acq	7889	0.16	198370	3.96	#
500085	CHAMBAL FERTILISERS & CHEMICALS LTD.	Hindustan Times Ltd	11/11/2009	Acq	30000	0.01	46974396	11.29	#
522292	CHANDNI TEXTILES LTD.	Shashiben G Gupta	11/11/2009	Acq	200000		200000		*
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	18/11/2009	Acq	14850	0.02	6657430	10.72	#
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	18/11/2009	Acq	14850	0.02	6657430	10.72	*
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	19/11/2009	Acq	7864	0.01	6665294	10.73	#
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	19/11/2009	Acq	7864	0.01	6665294	10.73	*
532770	HANUNG TOYS & TEXTILES LTD.	Glofin Inv & Fin Co Pvt Ltd	19/11/2009	Acq	50000	0.20	1246703	4.95	*
505726	IFB INDUSTRIES LTD.	IFB Pvt Ltd, Divine Commotrade Pvt Ltd, Midelec Marketing Pvt Ltd & PACs	10/11/2009	Acq	5000000		25373199	73.01	#
519248	JVL AGRO INDUSTRIES LTD.	Mavi Investment Fund Ltd	06/11/2009	Acq	936000	7.29	936000	7.29	*
532673	K.M.SUGAR MILLS LTD.	Marvel Business Pvt Ltd	04/11/2009	Acq	1903	0.01	2976533	16.17	*
532673	K.M.SUGAR MILLS LTD.	Marvel Business Pvt Ltd	05/11/2009	Acq	3235	0.02	2999925	16.30	*
532673	K.M.SUGAR MILLS LTD.	Marvel Business Pvt Ltd	30/10/2009	Acq	20157	0.10	2994787	16.27	*
512597	KEYNOTE CORPORATE SERVICES LTD.	Concept Communication Ltd	06/10/2009 - 12/11/2009	Acq	199728	2.84	2244743	31.98	#
512597	KEYNOTE CORPORATE SERVICES LTD.	Concept Communication Ltd	06/10/2009 - 12/11/2009	Acq	199728	2.84	2244743	31.98	*
532942	KNR CONSTRUCTIONS LTD.	K Narasimha Reddy	12/10/2009 - 20/11/2009	Acq	70690	0.25	9887554	35.16	#
509048	LANCOR HOLDINGS LTD.	R V Shekar	18/11/2009	Acq	90000	0.44	5911607	29.19	#
509048	LANCOR HOLDINGS LTD.	R V Shekar	18/11/2009	Acq	90000	0.44	5911607	29.19	*
531241	LINC PEN & PLASTICS LTD.	Linc Writing Aids Pvt Ltd	09/11/2009	Acq	40000	0.31	1475419	11.54	#
531241	LINC PEN & PLASTICS LTD.	Prakash Jain	09/11/2009	Sale	40000	0.31	69500	0.54	#
500260	MADRAS CEMENTS LTD.	Platinum Investment Mgmt Ltd	09/11/2009	Acq	1100000	0.46	12703701	5.34	#
500264	MAFATLAL INDUSTRIES LTD.	Hrishikesh A Mafatlal	12/11/2009	Acq	802310	8.17	821839	8.37	#
500264	MAFATLAL INDUSTRIES LTD.	Hrishikesh A Mafatlal	12/11/2009	Acq	802310	8.17	821839	8.37	*
500264	MAFATLAL INDUSTRIES LTD.	Priyavrata H Mafatlal	12/11/2009	Acq	802310	8.17	802404	8.17	#
500264	MAFATLAL INDUSTRIES LTD.	Priyavrata H Mafatlal	12/11/2009	Acq	802310	8.17	802404	8.17	*
500264	MAFATLAL INDUSTRIES LTD.	Rekha H Mafatlal	12/11/2009	Acq	802310	8.17	804110	8.19	#
500264	MAFATLAL INDUSTRIES LTD.	Rekha H Mafatlal	12/11/2009	Acq	802310	8.17	804110	8.19	*
500264	MAFATLAL INDUSTRIES LTD.	Rupal V Mafatlal	12/11/2009	Acq	1203465	12.26	1203465	12.26	#
500264	MAFATLAL INDUSTRIES LTD.	Rupal V Mafatlal	12/11/2009	Acq	1203465	12.26	1203465	12.26	*
500264	MAFATLAL INDUSTRIES LTD.	Vishad P Mafatlal	12/11/2009	Acq	1203465	12.26	1206356	12.29	#
500264	MAFATLAL INDUSTRIES LTD.	Vishad P Mafatlal	12/11/2009	Acq	1203465	12.26	1206356	12.29	*
500271	MAX INDIA LTD.	IDBI Trusteeship Services Ltd Acting as Share Pledge Trustee on behalf of ABK Consultants P Ltd	16/11/2009	Acq	8541000	3.68	21982000	9.46	*
504392	MULTIFARIOUS TRADING & AGENCIES LTD.	Manish Rajnikant Jaitha & PACs	09/10/2009	Sale	500	1.00	4500	9.00	*
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	10/11/2009	Acq	800	0.02	141620	3.03	#
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	10/11/2009	Acq	800	0.02	141620	3.03	*
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	11/11/2009	Acq	1000	0.02	142620	3.05	#
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	11/11/2009	Acq	1000	0.02	142620	3.05	*
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	12/11/2009	Acq	1600	0.03	144220	3.08	#
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	12/11/2009	Acq	1600	0.03	144220	3.08	*
526721	NICCO PARKS & RESORTS LTD.	Sunflag Commercial Pvt Ltd	14/11/2009	Acq	1400	0.03	145620	3.11	*
506172	SAMPADA CHEMICALS LTD.	Himalaya Builders Pvt Ltd	12/11/2009	Sale	21100	0.42	830150	16.67	#
506172	SAMPADA CHEMICALS LTD.	Himalaya Builders Pvt Ltd	12/11/2009	Sale	21100	0.42	830150	16.67	*
506172	SAMPADA CHEMICALS LTD.	Premier Commercial Co Pvt Ltd	12/11/2009	Sale	100	0.00	0	0.00	#
506172	SAMPADA CHEMICALS LTD.	Premier Commercial Co Pvt Ltd	12/11/2009	Sale	100	0.00	0	0.00	*
521034	SOMA TEXTILES & INDUSTRIES LTD.	Mavi Investment Fund Ltd	14/10/2009 - 10/11/2009	Sale	969027	2.93	10569573	32.00	#
521034	SOMA TEXTILES & INDUSTRIES LTD.	Mavi Investment Fund Ltd	14/10/2009 - 10/11/2009	Sale	969027	2.93	10569573	32.00	*
530045	TITAN SECURITIES LTD.	Viable Analytical Technology Pvt Ltd	11/11/2009	Acq	1300000	12.98	1300000	12.98	#
530045	TITAN SECURITIES LTD.	Viable Analytical Technology Pvt Ltd	11/11/2009	Acq	1300000	12.98	1300000	12.98	*

RESEARCH REPORTS

>INSIDER TRADING 01-12-09(Anand mahindra increased stake in M&M)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	10/11/2009	B	22380	0.08	12514873
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	10/11/2009	B	26400	0.10	12492493
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	11/11/2009	B	10700	0.04	12525573	49.46
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	11/11/2009	B	11250	0.04	12536823	49.51
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	12/11/2009	B	15130	0.06	12567952
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	12/11/2009	B	15999	0.06	12552822
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	13/11/2009	B	13400	0.05	12609777
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	13/11/2009	B	28425	0.11	12596377
500096	DABUR INDIA LTD.	Ambati Sudhakar	16/11/2009	S	3000		161397	0.01
500096	DABUR INDIA LTD.	Ambati Sudhakar	17/11/2009	S	2900		158497	0.01
500096	DABUR INDIA LTD.	Devendra Garg	16/11/2009	S	2900		370268	0.04
500096	DABUR INDIA LTD.	Devendra Garg	17/11/2009	S	2900		367368	0.04
511072	DEWAN HOUSING FINANCE CORPORATION LTD.	Wadhawan Holdings Pvt Ltd	10/11/2009	B	40000	0.05	6889279	8.40
500125	E.I.D.-PARRY (INDIA) LTD.	G Jalaja	11/11/2009	S	2514		2874
500246	ENVAIR ELECTRODYNE LTD.	Shripad Mirashi	12/10/2009	B	400	0.00	1580255	51.98
509550	GAMMON INDIA LTD.	Reliance Vision Fund (Schemes of Reliance Mutual Fund)	06/11/2009	S	148000	0.13	3369600	3.13
522064	HONDA SIEL POWER PRODUCTS LTD.	Ajay Sheth & PAC	--	B	3610	0.04	712038	7.02
500165	KANSAI NEROLAC PAINTS LTD.	Mrs. Indu Devendra Kothari	10/11/2009	S	500		1721	0.00
500520	MAHINDRA & MAHINDRA LTD.	Anand Mahindra, Bharat Doshi, A K Nanda, Trustees - Mahindra & Mahindra Employees Stock Option Trust	12/11/2009	B	1000000	0.36	6442519	2.30
517230	PAE LTD.	Arvind Doshi	14/01/2009 - 05/11/2009	B	128681		2649772	27.83
532827	PAGE INDUSTRIES LTD.	Nari Genomal	16/11/2009	S	395		2328357	20.88
532827	PAGE INDUSTRIES LTD.	Nari Genomal	18/11/2009	S	100		2328257	20.87
532827	PAGE INDUSTRIES LTD.	Ramesh Genomal	16/11/2009	S	380		2324293	20.84
532827	PAGE INDUSTRIES LTD.	Ramesh Genomal	17/11/2009	S	15		2324278	20.84
532827	PAGE INDUSTRIES LTD.	Ramesh Genomal	18/11/2009	S	95		2324183	20.83
532827	PAGE INDUSTRIES LTD.	Sunder Genomal	16/11/2009	S	290		2324390	20.84
532827	PAGE INDUSTRIES LTD.	Sunder Genomal	17/11/2009	S	10		2324380	20.84
532827	PAGE INDUSTRIES LTD.	Sunder Genomal	18/11/2009	S	50		2324330	20.84
532810	POWER FINANCE CORPORATION LTD.	Manish Kr Agrawal	21/05/2009 - 19/11/2009	S	2850		960	0.00
517534	S.V.ELECTRICALS LTD.	Naresh Jain	08/10/2009	B	625000		625000
523023	SINCLAIRS HOTELS LTD.	Xander Investments Holding X, Ltd	04/11/2009	B	200420	3.30	1974071	32.55
514211	SUMEET INDUSTRIES LTD.	Sushil Kumar Somani	06/11/2009	B	98444	0.25	1310844	3.28
530585	SWASTIKA INVESTMART LTD.	Nyati Holdings Pvt Ltd	--	B	100	0.00	49698	1.65
521226	UNIROYAL INDUSTRIES LTD.	Arvind Mahajan	11/11/2009	B	27977		1509282	18.25

531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	10/11/2009	Acq	48780	0.19	12514873	49.42	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	10/11/2009	Acq	48780	0.19	12514873	49.42	*
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	11/11/2009	Acq	21950	0.09	12536823	49.51	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	11/11/2009	Acq	21950	0.09	12536823	49.51	*
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	12/11/2009	Acq	31129	0.12	12567952	49.63	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	12/11/2009	Acq	31129	0.12	12567952	49.63	*
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	13/11/2009	Acq	41825	0.17	12609777	49.80	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	19/11/2009	Acq	10128	0.04	12643014	49.93	*
523537	APM INDUSTRIES LTD.	Aditi Rajgarhia	09/11/2009	Sale	15000	0.00	0		#
523537	APM INDUSTRIES LTD.	Faridabad Paper Mills Ltd	09/11/2009 - 10/11/2009	Acq	30000		437501		#
523537	APM INDUSTRIES LTD.	Varun Rajgarhia	10/11/2009	Sale	15000	0.00	100100		#
500246	ENVAIR ELECTRODYNE LTD.	Shripad Mirashi	12/10/2009	Acq	400	0.00	1580255	51.98	#
509488	GRAPHITE INDIA LTD.	FMR LLC & PACs	17/11/2009	Acq	50000	0.03	8550000	5.00	*
522064	HONDA SIEL POWER PRODUCTS LTD.	Ajay Sheth & PAC	16/11/2009	Acq	3610	0.04	712038	7.02	#
531892	KHANDWALA SECURITIES LTD.	Bentley Investments Pvt Ltd	12/11/2009	Acq	18216	0.15	1089284	9.12	#
531892	KHANDWALA SECURITIES LTD.	Bentley Investments Pvt Ltd	12/11/2009	Acq	18216	0.15	1089284	9.12	*
531496	OMKAR OVERSEAS LTD.	Shashi Agarwal	06/11/2009	Sale	50000	1.00	19410	0.39	#
531496	OMKAR OVERSEAS LTD.	Shashi Agarwal	06/11/2009	Sale	50000	1.00	19410	0.39	*
531496	OMKAR OVERSEAS LTD.	Champalal Agarwal	10/11/2009	Sale	39403	0.79	123097	2.46	#
531496	OMKAR OVERSEAS LTD.	Champalal Agarwal	10/11/2009	Sale	39403	0.79	123097	2.46	*
531496	OMKAR OVERSEAS LTD.	Satyabhama Agarwal	10/11/2009	Sale	99665	1.19	0	0.00	#
531496	OMKAR OVERSEAS LTD.	Satyabhama Agarwal	10/11/2009	Sale	99665	1.19	0	0.00	*
500355	RALLIS INDIA LTD.	Tata Chemicals Ltd	09/11/2009	Acq	980000	4.09	6489441	50.06	*
511585	REGENCY TRUST LTD.	Sunil Kajaria	13/11/2009	Sale	94000	3.13	248800	8.30	#
511585	REGENCY TRUST LTD.	Sunil Kajaria	20/11/2009	Sale	100000	3.33	38800	1.30	*
532833	SPARSH BPO SERVICES LTD.	Kapil Puri	19/11/2009	Sale	1200000	7.43	41553	0.26	*
532833	SPARSH BPO SERVICES LTD.	Subhkam Capital Ltd & PAC	19/11/2009	Acq	1197629	7.42	1286994	7.97	*
531051	VINTAGE SECURITIES LTD.	Madhab Prasad	12/11/2009	Acq	10801	0.29	41801	1.14	*
531051	VINTAGE SECURITIES LTD.	Madhab Prasad Jhunjhunwala	12/11/2009	Acq	10801	0.29	41801	1.14	#
526586	WIM PLAST LTD.	Gaurav Pradeep Rathod	09/10/2009 - 30/10/2009	Acq	16408				#
526586	WIM PLAST LTD.	Gaurav Pradeep Rathod	09/10/2009 - 30/10/2009	Acq	16408				*
514378	YARN SYNDICATE LTD.	Rajendra Kumar	03/11/2009	Acq	489		959535	25.59	#

RESEARCH REPORTS

>INSIDER TRADING 30-11-09(Patni's trimmed their stake in PATNI Computers)

Scrip Code	Company	Name of Acquirer / Seller	Transaction Date	Buy /Sale	No.of Shares Transacted		Holding after Transaction
					Quantity	%	Quantity	%
533022	20 MICRONS LTD.	Eriez Finance & Investment Ltd	--	B	272933	1.90	2277552	15.89
519183	ADF FOODS LTD.	Top Class Education Facilities & Services Pvt Ltd	09/11/2009	B	5000	0.03	2005258	10.84
532806	AI CHAMPDANY INDUSTRIES LTD.	Gunny Dealers Ltd	17/11/2009	B	6450	0.03	135393	0.60
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	09/11/2009	B	15950	0.06	12466093	49.23
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd	09/11/2009	B	20422	0.08	12450143	49.17
509480	BERGER PAINTS INDIA LTD.	Jenson & Nicholson (Asia) Ltd	--	B	20000000	5.78	45853760
532330	BIOPAC INDIA CORPORATION LTD.	Pankaj B Doshi	05/11/2009	B	4843		3553544	20.60
532330	BIOPAC INDIA CORPORATION LTD.	Pankaj B Doshi	06/11/2009	B	35500		3589044	20.00
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	05/11/2009	S	22000		1720650
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	09/11/2009	S	22000		1698650
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	12/11/2009	S	22000		1676650
531489	CG-VAK SOFTWARE & EXPORTS LTD.	G Suresh	28/10/2009 - 18/11/2009	B	31003		583309	11.53
512068	DECCAN GOLD MINES LTD.	Sun Mining & Exploration Ltd	10/09/2009 - 16/11/2009	S	1172337	2.00	4657220	7.97
532787	ESS DEE ALUMINIUM LTD.	Fidelity Mutual Fund	17/11/2009	S	54224	0.19	217303	0.78
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd	17/11/2009	B	5525	0.01	6642580	10.70
532296	GLENMARK PHARMACEUTICALS LTD.	Glenn Saldanha	05/11/2009	B	1837		659714	0.24
532296	GLENMARK PHARMACEUTICALS LTD.	Glenn Saldanha	06/11/2009	B	2000		661714	0.24
500180	HDFC BANK LTD.	A Rajan	17/11/2009	S	1000		62507
500180	HDFC BANK LTD.	G Subramanian	17/11/2009	S	500		74300
504336	INDTRADECO LTD.	Krunal Industrial Estate Developers Pvt Ltd	--	S	4038850	1.54
504336	INDTRADECO LTD.	Varsha Industrial Township Organisers Pvt Ltd	--	S	961150	0.37
524494	IPCA LABORATORIES LTD.	M D Sharma	17/11/2009 - 19/11/2009	S	1300	0.00	1361	0.00
532942	KNR CONSTRUCTIONS LTD.	K Narasimha Reddy	16/11/2009	B	8775		9844429	35.00
532783	LT FOODS LTD.	India Agri Business Fund Ltd	09/11/2009	B	3835015	14.68	3835015	14.68
500257	LUPIN LTD.	Krishan Chandra Sharma	17/11/2009	S	200		2500	0.00
500257	LUPIN LTD.	Sanjay P Yajnik	16/11/2009	S	300		3620	0.00
532932	MANAKSIA LTD.	Varun Agrawal	20/11/2009	B	26000		2691930	3.87
532932	MANAKSIA LTD.	Vineet Agrawal	20/11/2009	B	30000		2276245	3.27
532819	MINDTREE LTD.	Janakiraman	18/11/2009	S	3500		1021662	2.60
532819	MINDTREE LTD.	Rostow Ravanan	17/11/2009 - 18/11/2009	S	1000		400971	1.02
530129	NILE LTD.	Vuyyuru Rajeswari	18/11/2009	B	220586	7.35	934889	31.14
530129	NILE LTD.	Vuyyuru Shilpa	18/11/2009	S	220586	7.35	14120	0.47
590057	NORTHGATE TECHNOLOGIES LTD.	C Venkateshwara Reddy	18/11/2009	S	112313	0.32	0	0.00
590057	NORTHGATE TECHNOLOGIES LTD.	G Kalpana	17/11/2009 - 18/11/2009	S	56362	0.16	10000	0.03
532944	ONMOBILE GLOBAL LTD.	Nicolas Frattaroli	13/11/2009	S	30000		6861	0.01
532517	PATNI COMPUTER SYSTEMS LTD.	A K Patni	16/11/2009	S	200000	0.16	7723800	6.01
532517	PATNI COMPUTER SYSTEMS LTD.	A K Patni	17/11/2009	S	200000	0.16	7523800	5.85
532517	PATNI COMPUTER SYSTEMS LTD.	Aakruti Amitkumar Patni	16/11/2009	S	100000	0.08	243750	0.19
532517	PATNI COMPUTER SYSTEMS LTD.	Amit Kumar Patni	17/11/2009	S	100000	0.08	4257500	3.31
532517	PATNI COMPUTER SYSTEMS LTD.	Arihant Patni	17/11/2009	S	100000	0.08	5181901	4.03
532517	PATNI COMPUTER SYSTEMS LTD.	Ayushi Amitkumar Patni	16/11/2009	S	100000	0.08	243750	0.19
532748	PRIME FOCUS LTD.	Naresh Malhotra	14/11/2009	B	23000		5525000	43.09
532748	PRIME FOCUS LTD.	Neeta Malhotra	14/11/2009	S	23000		22850	0.17
526981	SHRI BAJRANG ALLOYS LTD.	Anand Goel	17/11/2009	B	500		198485	2.21
500285	SPICEJET LTD.	Schemes of Sundaram BNP Paribas Mutual Fund	13/11/2009	B	1513000	0.62	12910525	5.35
500336	SURYA ROSHNI LTD.	Aloke Sengupta	--
530585	SWASTIKA INVESTMART LTD.	Nyati Holdings Pvt Ltd	--	B	4003	0.13	53801	1.79

533022	20 MICRONS LTD.	Eriez Finance & Investment Ltd & PACs	06/04/2009 - 17/11/2009	Acq	272933	1.90	2277552	15.89	#
533022	20 MICRONS LTD.	Eriez Finance & Investment Ltd & PACs	06/04/2009 - 17/11/2009	Acq	272933	1.90	2277552	15.89	*
532806	AI CHAMPDANY INDUSTRIES LTD.	Gunny Dealers Ltd	17/11/2009	Acq	6450	0.03	135393	0.60	#
532806	AI CHAMPDANY INDUSTRIES LTD.	Gunny Dealers Ltd	17/11/2009	Acq	6450	0.03	135393	0.60	*
532806	AI CHAMPDANY INDUSTRIES LTD.	Gunny Dealers Ltd	18/11/2009	Acq	4205	0.02	139598	0.62	*
513349	AJMERA REALTY & INFRA INDIA LTD.	Passport India Investments (Mauritius) Ltd	13/11/2009	Sale	271000	0.76	1925255	5.43	*
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	09/11/2009	Acq	36372	0.14	12466093	49.23	#
531400	ALMONDZ GLOBAL SECURITIES LTD.	Almondz Cap & Mgmt Ser Ltd & PACs	09/11/2009	Acq	36372	0.14	12466093	49.23	*
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	05/11/2009	Sale	22000	0.01	1720650	0.78	*
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	05/11/2009 - 12/11/2009	Sale	66000	0.03	1676650	0.75	#
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	09/11/2009	Sale	22000	0.01	1698650	0.77	*
532548	CENTURY PLYBOARDS (I) LTD.	Sanjay Agarwal	12/11/2009	Sale	22000	0.01	1676650	0.76	*
522292	CHANDNI TEXTILES LTD.	Niruben V Patel	11/11/2009	Acq	1350000	8.37	1350000	8.37	*
522292	CHANDNI TEXTILES LTD.	Sonal D Vora	11/11/2009	Acq	1000000	6.20	1000000	6.20	*
522292	CHANDNI TEXTILES LTD.	Sonal U Vora	11/11/2009	Acq	1000000	6.20	1000000	6.20	*
522292	CHANDNI TEXTILES LTD.	Dhiren H Vora	15/05/2009 - 05/10/2009	Acq	58061	0.36	58061	0.36	*
522292	CHANDNI TEXTILES LTD.	Hasmukhlal N Vora	16/03/2009 - 06/04/2009	Acq	5624	0.03	5624	0.03	*
522292	CHANDNI TEXTILES LTD.	Uday H Vora HUF	27/05/2009 - 06/08/2009	Acq	90877	0.56	90877	0.56	*
522292	CHANDNI TEXTILES LTD.	Dhiren H Vora HUF	27/05/2009 - 10/08/2009	Acq	89592	0.56	89592	0.56	*
512068	DECCAN GOLD MINES LTD.	Sun Mining & Exploration Ltd	10/09/2009 - 16/11/2009	Sale	1172337	2.00	4657220	7.97	#
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	16/11/2009	Acq	5525	0.01	6642580	10.70	#
532312	GEOMETRIC LTD.	Godrej Investments Pvt Ltd (PAC with the promoter i.e Godrej and Boyce mfg.co.Ltd.)	17/11/2009	Acq	5525	0.01	6642580	10.70	*
515147	HALDYN GLASS GUJARAT LTD.	Gujarat Industrial Investment Corporation Ltd	17/11/2009	Sale	285	0.00	578848	10.74	#
515147	HALDYN GLASS GUJARAT LTD.	Gujarat Industrial Investment Corporation Ltd	18/11/2009	Sale	994	0.01	577854	10.74	*
515147	HALDYN GLASS GUJARAT LTD.	Gujarat Industrial Investment Corporation Ltd	18/11/2009	Sale	994	0.02	577854	10.74	#
504336	INDTRADECO LTD.	Krunal Industrial Estate Developers Pvt Ltd	18/11/2009	Sale	4038850	1.54	9664966	3.69	#
504336	INDTRADECO LTD.	Varsha Industrial Township Organisers Pvt Ltd	18/11/2009	Sale	961150	0.37	9740700	3.72	#
532783	LT FOODS LTD.	India Agri Business Fund Ltd	09/11/2009	Acq	3835015	14.68	3835015	14.68	#
530129	NILE LTD.	Vuyyuru Rajeswari	18/11/2009	Acq	220586	7.35	934889	31.14	#
530129	NILE LTD.	Vuyyuru Rajeswari	18/11/2009	Acq	220586	7.35	934889	31.14	*
530129	NILE LTD.	Vuyyuru Shilpa	18/11/2009	Sale	220586	7.35	14120	0.47	#
530129	NILE LTD.	Vuyyuru Shilpa	18/11/2009	Sale	220586	7.35	14120	0.47	*
530071	PARSOLI CORPORATION LTD.	Baader Bank Aktiengesellschaft	05/10/2007	Sale	800000	2.97	5905000	21.93	*
530071	PARSOLI CORPORATION LTD.	Baader Bank Aktiengesellschaft	20/04/2006	Acq	1350139	9.08	1350139	9.08	*
530071	PARSOLI CORPORATION LTD.	Baader Bank Aktiengesellschaft	24/07/2006	Acq	5354861	15.82	6705000	24.90	*
530071	PARSOLI CORPORATION LTD.	Gulf Investment Services S A O G	24/07/2006	Acq	5384980	20.00	5384980	20.00	*
530071	PARSOLI CORPORATION LTD.	Oman Commercial Services LLC	24/07/2006	Acq	1320020	4.90	1320020	4.90	*
511585	REGENCY TRUST LTD.	Sunil Kajaria	18/11/2009	Sale	110000	3.67	138800	4.63	*
532447	SOLVAY PHARMA INDIA LTD.	Bhavook Tripathi	09/10/2009	Acq	3728	0.07	253934	5.03	#
500285	SPICEJET LTD.	Schemes of Sundaram BNP Paribas Mutual Fund	13/11/2009	Acq	1513000	0.63	12910525	5.36	#
514140	SURYAVANSHI SPINNING MILLS LTD.	Westend Developers Ltd	18/11/2009	Acq	1950000	14.69	1950000	14.69	*
524212	WANBURY LTD.	Expert Chemicals (I) Pvt Ltd	04/11/2009 - 05/11/2009	Sale	50000	0.34	2594439	17.66	*

RESEARCH REPORTS