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Thermal power producer Adani Power spurted 7.24% to Rs 54.05. The stock topped the gainers in the BSE's 'A' group.

Auto component maker Motherson Sumi Systems galloped 5.43% to Rs 215.50. The stock was second biggest gainer in 'A' group. Motherson Sumi Systems' consolidated net profit rose 0.49% to Rs 195.80 crore on 3.9% growth in total income from operations to Rs 6675.84 crore in Q4 March 2013 over Q4 March 2012. The company announced Q4 results during trading hours on Friday, 17 May 2013. The stock fell 4.11% to Rs 204.40 on that day.

Financial services company Bajaj Finance jumped 4.91% to Rs 1,581.35, with the stock extending recent gains triggered by the company reporting strong Q4 earnings. The stock was third biggest gainer in 'A' group.

Shares of Bajaj Finance have risen 14.59% in four trading sessions from Rs 1,380 on 14 May 2013, after the company during trading hours on Wednesday, 15 May 2013, reported strong Q4 March 2013 earnings. The stock had risen 1.45% to settle at Rs 1,399.95 on Wednesday, 15 May 2013. Bajaj Finance's net profit surged 52% to Rs 164 crore on 35% growth in total income to Rs 843 crore in Q4 March 2013 over Q4 March 2012. The stock hit a high of Rs 1,590 so far during the day, which is also a record high for the counter.

Commodity trading company Adani Enterprises rose 3.32% to Rs 243. The stock was fourth biggest gainer in 'A' group. Adani Enterprises' consolidated net profit rose 53.1% to Rs 473.78 crore on 8.3% growth in net sales to Rs 11472.12 crore in Q4 March 2013 over Q4 March 2012. The company announced Q4 results during trading hours today, 20 May 2013.

Non-banking financial company Shriram City Union Finance rose 3.32% to Rs 1,107.75 ahead of the company's result announcement today, 20 May 2013. The stock was fifth biggest gainer in 'A' group.

The stock hit a high of Rs 1,073.25 and a low of Rs 992.10 so far during the day. The stock had hit a record high of Rs 1,096.15 on Friday, 17 May 2013. The stock had hit a 52-week low of Rs 605.25 on 28 June 2012.

The stock had outperformed the market over the past one month till 17 May 2013, rising 29.28% compared with the Sensex's 8.30% rise. The stock also outperformed the market in past one quarter, advancing 29.17% as against Sensex's 4.20% rise.

The large-cap healthcare company has an equity capital of Rs 69.56 crore. Face value per share is Rs 5.

Shares of Apollo Hospitals Enterprise have been on a roll recently, surging 18.76% in four trading days to Rs 1,067.75 on 17 May 2013 from a recent low of Rs 899.10 on 13 May 2013. The rally was triggered ahead of the stock's inclusion in MSCI India index with effect from close of 31 May 2013.

Apollo Hospitals Enterprise reported 27.31% rise in net profit to Rs 75.52 crore on 13.56% increase in total income to Rs 852.85 crore in Q4 March 2013 over Q4 March 2012.

Apollo Hospitals Enterprise's reported 33.82% rise in net profit to Rs 309.12 crore on 18.42% increase in total income to Rs 3348.82 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

On a consolidated basis, Apollo Hospitals Enterprise's reported 38.75% rise in net profit to Rs 304.35 crore on 19.71% increase in total income to Rs 3798.88 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

Apollo Hospitals Enterprise's board of directors at its meeting held today, 20 May 2013, recommended a dividend of Rs 5.50 per share for the year ended 31 March 2013.

Apollo Hospitals is one of Asia's largest healthcare groups with over 8500 beds across 50 hospitals, and a significant presence at every touch-point of the medical value chain.

The stock hit a high of Rs 627 and a low of Rs 596 so far during the day. The stock had hit a 52-week high of Rs 749.95 on 4 October 2012. The stock had hit a 52-week low of Rs 467 on 9 April 2013.

The stock had outperformed the market over the past one month till 17 May 2013, rising 26.74% compared with the Sensex's 8.30% rise. The scrip had also outperformed the market in past one quarter, rising 9.39% as against Sensex's 4.20% rise.

The large-cap company has an equity capital of Rs 71.10 crore. Face value per share is Rs 2.

Siemens' net profit fell 89.9% to Rs 29.95 crore on 27.1% decline in net sales to Rs 2907.72 crore in Q2 March 2013 over Q2 March 2012.

Siemens said that the difference in net profit is primarily accounted for by a charge of Rs 90 crore in Q2 March 2013 on account of revised estimates of revenues, costs and project related provisions as against credit during Q2 March 2012 of Rs 265.98 crore.

Siemens is a leading powerhouse in electronics and electrical engineering.

The stock hit a high of Rs 186 and a low of Rs 178 so far during the day. The stock had hit a 52-week high of Rs 194.90 on 7 February 2013. The stock had hit a 52-week low of Rs 96.25 on 24 July 2012.

The stock had outperformed the market over the past one month till 17 May 2013, rising 12.39% compared with the Sensex's 8.30% rise. The scrip had, however, underperformed the market in past one quarter, rising 3.18% as against Sensex's 4.20% rise.

The mid-cap company has an equity capital of Rs 350 crore. Face value per share is Rs 10.

Prestige Estates Projects' net profit surged 227.9% to Rs 92.05 crore on 195.6% rise in net sales to Rs 487.67 crore in Q3 December 2012 over Q3 December 2011. The company will declare its year ended March 2013 results on Tuesday, 21 May 2013.

Prestige Estates Projects is one of the leading real estate development companies operating in the southern part of the country and more specifically in Bangalore.

VST Industries clocked volume of 81,000 shares by 12:59 IST on BSE, a 94.19-times surge over two-week average daily volume of 1,000 shares. The stock fell 1.89% to Rs 1,560.

Bajaj Finance notched up volume of 1.86 lakh shares, a 19.11-fold surge over two-week average daily volume of 10,000 shares. The stock rose 3.82% to Rs 1,565, with the stock extending recent gains triggered by the company reporting strong Q4 earnings.

Shares of Bajaj Finance have risen 13.41% in four trading sessions from Rs 1,380 on 14 May 2013, after the company during trading hours on Wednesday, 15 May 2013, reported strong Q4 March 2013 earnings. The stock had risen 1.45% to settle at Rs 1,399.95 on Wednesday, 15 May 2013. Bajaj Finance's net profit surged 52% to Rs 164 crore on 35% growth in total income to Rs 843 crore in Q4 March 2013 over Q4 March 2012. The stock hit a high of Rs 1,578.70 so far during the day, which is also a record high for the counter.

ABB saw volume of 3.67 lakh shares, a 5.54-fold surge over two-week average daily volume of 66,000 shares. The stock fell 1.09% to Rs 652.95, reversing Friday's 21.01% rally after the company denied market rumors of delisting of the company's equity shares from the stock exchanges. Shares of ABB surged 21.01% to Rs 660.15 on Friday, 17 May 2013. The stock surged 27.94% in the preceding three trading sessions to Rs 660.15 on 17 May 2013, from a recent low of Rs 516 on 14 May 2013.

Oracle Financial Services Software clocked volume of 3.86 lakh shares, a 4.69-fold surge over two-week average daily volume of 82,000 shares. The stock rose 1.02% to Rs 2,444.05.

Motherson Sumi Systems saw volume of 2.57 lakh shares, a 4.29-fold rise over two-week average daily volume of 60,000 shares. The stock jumped 5.14% to Rs 214.90.

The stock hit a high of Rs 48.15 and a low of Rs 47.15 so far during the day. The stock had hit a 52-week high of Rs 60.75 on 11 June 2012. The stock had hit a record low of Rs 41 on 12 February 2013.

The stock had underperformed the market over the past one month till 17 May 2013, falling 0.93% compared with the Sensex's 8.30% rise. The stock, however, outperformed the market in past one quarter, advancing 12.66% as against Sensex's 4.20% rise.

The small-cap company has an equity capital of Rs 483.44 crore. Face value per share is Rs 10.

Gujarat Pipavav Port's net profit surged 151.3% to Rs 35.38 crore on 23.2% rise in net sales to Rs 114.10 crore in Q1 March 2013 over Q1 March 2012.

Gujarat Pipavav Port is the country's first private sector port providing facilities for handling both container and bulk cargoes.

The stock hit a high of Rs 15.16 and a low of Rs 14.70 so far during the day. The stock had hit a 52-week high of Rs 20.28 on 27 November 2012. The stock had hit a 52-week low of Rs 13.10 on 14 August 2012.

The stock had outperformed the market over the past one month till 17 May 2013, rising 8.50% compared with the Sensex's 8.30% rise. The scrip had, however, underperformed the market in past one quarter, sliding 0.26% as against Sensex's 4.20% rise.

The small-cap company has an equity capital of Rs 562.08 crore. Face value per share is Rs 10.

PTC India Financial Services' (PFS) net interest income (NII) surged 66% to Rs 41.60 crore in Q4 March 2013 over Q4 March 2012. Net interest margin (NIM) decreased to 8.12% in Q4 March 2013, from 8.79% in Q4 March 2012. Spread in Q4 March 2013 improved to 5.42%, from 4.76% in Q4 March 2012. NII considered for NIM does not include interest income of Rs 1.46 crore earned on temporary surplus funds, included in other operating income of Rs 7.34 crore for Q4 March 2013, PFS said in a statement.

The company's cost of funds stood at 8.18% in Q4 March 2013, as against 9.89% in Q4 March 2012.

PFS' total effective debt sanctioned surged 58% to Rs 9999 crore as on 31 March 2013, from Rs 6335 crore as on 31 March 2012. Total outstanding debt registered a growth of 81% at Rs 2296 crore as on 31 March 2013, from Rs 1266 crore as at 31 March 2012.

PFS' net profit fell 32.4% to Rs 104.16 crore on 6.7% decline in total income to Rs 286.52 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).

Commenting on the company's performance, Mr. Deepak Amitabh, CMD, PFS said, "We are happy to announce a healthy set of results for the quarter and year ended 31 March 2013. PFS continues to deliver superior spreads on the back of high yields on one hand and optimal cost of funds on the other. The company is also judiciously growing its loan book while maintaining nil NPAs. The profit after tax (PAT) for FY 2013 stands at Rs 104.16 crore, compared to Rs 154.04 crore in FY 2012. Excluding profit on sale of equity investments, PBT and PAT have grown by 109% and 111% respectively in FY 2013. Excluding profit on sale of equity investments during previous year, the return on networth has increased to 8.6% in FY 2013 compared to 4.51% in FY 2012".

PFS' board of directors at a meeting held on Friday, 17 May 2013, recommended final dividend of 40 paise per share for FY 2013.

PFS is promoted by PTC India as a special purpose investment vehicle to provide total financial services to the entities in energy value chain, which inter-alia includes investing in equity and/or extending debt to power projects in generation, transmission, distribution; fuel sources, fuel related infrastructure like gas pipelines, LNG terminals, ports, equipment manufacturers and EPC contractors etc. PFS also provides non-fund based financial services adding value to green field and brown field projects at various stages of growth and development.

The stock hit a high of Rs 658.10 and a low of Rs 622.55 so far during the day. The stock had hit a 52-week high of Rs 830 on 12 November 2012. The stock had hit a 52-week low of Rs 469 on 10 April 2013.

The stock had outperformed the market over the past one month till 17 May 2013, rising 35.74% compared with the Sensex's 8.30% rise. The scrip had also outperformed the market in past one quarter, rising 8.33% as against Sensex's 4.20% rise.

The large-cap company has an equity capital of Rs 42.38 crore. Face value per share is Rs 2.

The company has checked with its majority shareholder who has confirmed there is no intention to buy additional shares and thus commence the de-listing process, ABB said in a regulatory filing. As on 31 March 2013, promoters held 75% in ABB.

Shares of ABB surged 21.01% to Rs 660.15 on Friday, 17 May 2013. The stock surged 27.94% in the preceding three trading sessions to Rs 660.15 on 17 May 2013, from a recent low of Rs 516 on 14 May 2013.

ABB's net profit fell 10.7% to Rs 42.56 crore on 10.2% rise in net sales to Rs 1953.36 crore in Q1 March 2013 over Q1 March 2012.

ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people.

Capital First Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 27, 2013, inter alia, to transact the following:

1. Consider and approve the Audited Financial Results for the financial year ended March 31, 2013.

2. Consider and recommend dividend, if any, for the financial year ended March 31, 2013 subject to approval of shareholders in the Annual General Meeting; and

3. Decide on the Book-Closure period in connection with the above.

Prima Plastics Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 29, 2013, to discuss and approve Audited Annual Accounts for the Financial Year ended on March 31, 2013, and quarterly results for quarter ended on March 31, 2013 along with Directors and Auditors Report thereon and recommendation of dividend, if any, for the year ended March 31, 2013

Hatsun Agro Product Ltd has informed BSE that the Company has fixed June 05, 2013 as the Record Date for the purpose of payment of Third Interim Dividend, if declared. The Interim Dividend, if declared will be paid on or before June 28, 2013.

BLB Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 30, 2013, inter alia, to consider the following:

1. Audited Financial Results of the Company for the Quarter and Year ended on March 31, 2013.

2. Recommendation of Dividend for the year ended on March 31, 2013, if any.

Surya Roshni Ltd has informed BSE that the below mentioned officials are inducted in the Companys core team for the Companys further growth and excellence. The details of the key appointed officials are as follows:

1. Shri Tarun Baldua, a Chartered Accountant, aged about 52 years having a rich experience of 27 years has been appointed as Chief Executive officer (CEO) of the Company. He is a man of Excellence and will take the Company to new heights.

2. Shri Girish B. O. aged about 35 years, has been appointed as National Sales Manager for Lighting Division. He has a strong experience of 12 or more years in the field of Trade Sales Nation wide. His young dynamic outlook will yield fruitful results to the Company in years to come.

Shaily Engineering Plastics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 18, 2013, inter alia, has transacted the following :

1. Re-appointed Mr. Mahendra Sanghvi as the Managing Director of the company w.e.f. April 01, 2013 for the period of 3 years, at the same remuneration and subject to approval or the shareholders and such other approvals and sanction as may be required.

2. Reappointed Mr. Laxman Sanghvi as an Executive Director of the company w.e.f. April 01, 2013 for the period of 3 years, at the same remuneration and subject to approval or the shareholders and such other approvals and sanction as may be required.

3. Re-appointed M/s Y. S. Thakar & Co. as the Cost Auditors of the company for the F.Y. 2013-14.

The board meeting of Asian Electronics will be held on 30 May 2013, to consider the audited financial results and recommend dividend for the year ended 31 March 2013.

The board meeting of Surya Roshni will be held on 28 May 2013, to consider the audited financial results and recommend dividend for the year ended 31 March 2013.

IDBI Mutual Fund has filed document with SEBI to launch open ended equity linked saving scheme named “IDBI Tax Saving Fund” The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 500 and in multiples of Rs 500 thereafter. The two options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against S&P BSE 200 Index. V. Balasubramanian will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide capital appreciation and income will be met through investments in diversified portfolio of equity and equity related instruments. Hence, the scheme will allocate 80 to 100 per cent of asset in equity and equity related instruments and 0 to 20 per cent in debt and money market instruments.

Pramerica Mutual Fund has filed document with SEBI to launch open ended equity linked saving scheme named “Pramerica Alpha Equity Fund” The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. According to the offer document filed with SEBI, the entry load is nil while the exit load of 1 per cent is charged if the unit is redeemed after 30 days and before 395 days from the date of allotment or otherwise nil. The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The two options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CNX Nifty Index. Brahmaprakash Singh and Mahendra Jajoo will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to provide capital appreciation and income distribution will be met through investments in diversified portfolio of equity investments in the spot market and equity derivatives strategies. Hence, the scheme will allocate 65 to 100 per cent of asset in equity and equity derivatives and 0 to 35 per cent in cash, debt and money market instruments.

HDFC Mutual Fund has launched a new close ended income scheme named “HDFC FMP 1107D May 2013 (1)” with a maturity period of 1107 days from the respective date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The NFO opened for subscription today and will close on May 22, 2013. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Rs 10 thereafter. The three options available under the Plan of the Scheme are Growth, Dividend and Flexi option. The performance of the scheme will be benchmarked against Crisil Short Term Bond Fund Index. Shobhit Mehrotra will be the Fund Manager of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to generate income will be met through investment in a portfolio of Debt/Money Market Instruments and Government Securities. Hence, the scheme will allocate 70 to 100 per cent of asset in debt securities, 0 to 30 per cent in money market instruments and 0 to 30 per cent in government securities.

Union KBC Mutual Fund has filed document with SEBI to launch a new close ended capital protection oriented scheme named “Union KBC Capital Protection Oriented Fund – Series 3” The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. According to the offer document filed with SEBI, the entry load is nil and since the scheme is planned to be listed on the Stock Exchange or any other exchange, the exit load charge will not be applicable. This suggests that the investors wishing to exit may do so through the stock exchange mode. The minimum application amount is Rs 5000 and in multiples of Re 10 thereafter. The two options available under the Plan of the Scheme are Growth and Dividend option. The performance of the scheme will be benchmarked against CRISIL MIP Blended Fund Index. Ashish Ranawade and Parijat Agrawal will be the Fund Managers of the scheme. The asset allocation of scheme will be in such a way that the objective of the scheme to seek capital protection will be met through investments in portfolio of fixed income securities. Hence, the scheme will allocate 80 to 100 per cent of the asset in debt and money market instruments and 0 to 20 per cent in equity and equity related instruments.

Franklin Templeton Mutual Fund has announced 24 May 2013 as the record date for declaration of dividend under the following schemes. The quantum of dividend (Rs per unit) will be:

Templeton India Income Opportunities Fund-Dividend Plan & Direct-Dividend Option (each):

Individuals & HUF-0.197

Others-0.167

Templeton India Income Fund-Dividend Plan & Direct-Dividend Option (each):

Individuals & HUF-0.262

Others-0.223

Templeton India Corporate Bond Opportunities Fund -Dividend Plan & Direct-Dividend Option (each):

Individuals & HUF-0.197

Others-0.167

Templeton India Income Builder Account-Plan A & B-Quarterly Dividend Option and Plan A-Direct- Quarterly Dividend Option (each):

Individuals & HUF-0.262

Others-0.223

Templeton India Government Securities Fund:

Composite Plan-Dividend Plan & Direct Dividend Option (each):

Individuals & HUF-0.219

Others-0.186

Templeton India Government Securities Fund:

Long Term Plan-Dividend Plan & Direct Dividend Option (each):

Individuals & HUF-0.219

Others-0.186

Templeton India Government Securities Fund:

Treasury Plan-Dividend Plan & Direct Dividend Option (each):

Individuals & HUF-0.131

Others-0.111

Templeton India Short Term Income Plan-Retail Plan-Quarterly Dividend Option & Retail Plan-Direct-Quarterly Dividend Option (each):

Individuals & HUF-26.278

Others-22.389

Templeton Floating Rate Income Fund-Retail Plan- Dividend Option & Retail Plan-Direct- Dividend Option (each):

Individuals & HUF-0.175

Others-0.149

Templeton India Low Duration Fund- Quarterly Dividend Plan & Direct-Quarterly Dividend Option (each):

Individuals & HUF-0.262

Others-0.223

FT India Monthly Income Plan- Plan A & B-Quarterly Dividend Option and Plan A-Direct- Quarterly Dividend Option (each):

Individuals & HUF-0.219

Others-0.186

FT India Life Stage Fund of Funds:

50s Plus Plan-Dividend Plan, 50s Plus Plan-Direct Dividend Option, 50s Plus Floating Rate Plan-Dividend Plan, 50s Plus Floating Rate Plan-Direct Dividend Option (each):

Individuals & HUF-0.219

Others-0.186

FT India Balanced Fund-Dividend Plan & Direct-Dividend Option (each): 2.00

Birla Sun Life Mutual Fund has announced 22 & 23 May 2013 as the record date for declaration of dividend under the Regular Plan - Dividend option, Institutional Plan - Dividend Option and Direct Plan - Dividend Option of Birla Sun Life Interval Income Fund – Quarterly Plan - Series I. The quantum of dividend (Rs per unit) will be entire distributable surplus as available on the respective record dates on the face value of Rs 10 per unit.

IDFC Mutual Fund has announced 24 May 2013 as the record date for declaration of dividend under the dividend option, quarterly dividend option and periodic dividend option under IDFC Fixed Maturity Plan 366 Days Series 73. The quantum of dividend will be entire distributable surplus as on record date i.e. 24 May 2013, on the face value of Rs 10 per unit.

JP Morgan Mutual Fund has announced 22 May 2013 as the record date for declaration of bonus units under the bonus option of JP Morgan India Treasury Fund-supper institutional plan and direct plan. Accordingly, the bonus units will be 1 unit for every 2 units held under each plan on the face value of Rs 10 per unit.

Soybean futures rose in the domestic market on Monday as investors and speculators created fresh positions in the agri-commodity amid dwindling physical supplies of soybean as farmers refrain from selling the harvest.

However, the gains in soybean further were limited by weak soymeal exports which hampered sentiment. Soymeal exports fell for the third straight month, down 67 per cent to 99,451 tonnes in April 2013 from the previous month.

At the National Commodity and Derivatives Exchange (NCDEX), Soybean for the May 2013 delivery contract is trading at 4,040.50 per quintal, up by 0.14 per cent, after opening at Rs 4,106, against a previous close of Rs 4,046

Crude Palm Oil (CPO) futures fell in the domestic market on Monday as investors and speculators exited positions in the agri-commodity amid sluggish physical demand for crude palm oil in the domestic spot market.

Apart from sluggish demand, adequate physical stocks availability in the domestic spot market also exerted downward pressure on crude palm oil prices in the domestic market.

At the Multi-Commodity Exchange (MCX), CPO futures for the May 2013 contract are trading at 470 per 10 kg, down by 0.15 per cent, after opening at Rs 471.20, against a previous close of Rs 470.70.

Gold futures slumped in the domestic market on Monday as better than expected US consumer sentiment data bolstered optimism over the health of the nation’s economy, raising speculation that the US Federal Reserve may scale back its record easing program in the near-term, dimming the appeal of the bullion, which is a hedge against the inflationary risk of monetary stimulus.

A stronger dollar has also dimmed the appeal of the bullion as an alternative asset. A stronger greenback makes the precious metal more expensive for those holding other currencies.

A decline in holdings in bullion-backed exchange traded products (ETP) have also added to selling pressure in the yellow metal as investors chase high yielding equities amid a revival in risk aversion due to an improving economic outlook and low inflation, dimming gold’s investment appeal. ETP assets have fallen to the lowest level since July 2011. US investment bank Goldman Sachs has predicted further decline in gold prices.

At the MCX, Gold futures, for the June 2013 contract, are trading at Rs 25,493 per 10 gram, down by 1.32 per cent, after opening at Rs 25,790, against a previous close of Rs 25,835.

Copper prices extended losses, falling by 0.57 per cent on Monday at the domestic markets as new home prices in China rose in 68 out of the 70 Chinese cities covered under the government survey last month, signaling a challenge for policymakers as they look to stem the creation of asset bubbles in the real estate market even as the slowdown deepens in the world’s second biggest economy. This raised concerns that China may tighten property market control that may adversely affect economic growth dimming the demand outlook for the metal. At the MCX, copper futures for June 2013 contract were trading at Rs. 403.30 per 1 kg, down by 0.57 per cent, after opening at Rs. 405 against the previous closing price of Rs. 405.60. It touched the intra-day low of Rs. 401.60 till the trading. (At 11.20 AM today). Sentiment weakened further due to the surge in the copper stockpiles at the London Metal Exchange (LME) on account of the weak demand for the commodity. LME copper stocks rose by 5550 metric tonnes to 629950 metric tonnes. Prices also fell as a fifth straight slump in construction output in the Euro area signaled a deepening recession in the 17-member economy, dimming the demand outlook for the metal. Eurozone construction output fell 1.7 per cent in March 2013, following a 0.3 per cent drop in the previous month. At COMEX, copper futures for July 2013 contract traded at US$3.3070 per pound, down by 0.48 per cent. It opened at US$3.3175 against the previous closing price of US$3.3230

Crude palm Oil declined in the domestic market due to fall in the demand and increase in the supply from the producing nation. According to the analysts, fall in crude palm oil was due to offloading of positions by the traders in the domestic market. At the MCX, Crude Palm Oil futures for May 2013 contract were trading at Rs.469.60 per 10 Kg, down by 0.23 per cent after opening at Rs. 471.20 against the previous close of Rs. 470.70.

Gold prices extended losses, falling by 1.60 per cent on Monday at the domestic markets as better than expected US economic data raised optimism over the health of the nation’s economy, raising speculation that the US Federal Reserve may scale back its record easing program in the near-term, dimming the appeal of the bullion, which is a hedge against the inflationary risk of monetary stimulus. Gold futures for June 2013 contract, at MCX, were trading at Rs. 25,422 per 10 grams, down by 1.60 per cent after opening at Rs. 25,790 against the previous closing price of Rs. 25,835. It touched the intra-day low of Rs. 25,373 till the trading. (At 11.30 AM today). Moreover, the holdings in SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, fell to their lowest in four years. At the Commodity Exchange (COMEX), gold future for June 2013 delivery traded at US$1,343.1 per ounce, down by 21.6 per cent. It opened at US$1,361.3 against the previous closing price of US$1,364.7.

Mustard Seed prices closed lower by 0.51 per cent on Saturday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the profit booking by the traders on account of the weak crushing and export demand of mustard meal. At the NCDEX, Mustard Seed futures for May 2013 contract closed at Rs. 3,490 per quintal, down by 0.51 per cent, after opening at Rs. 3,500 against the previous closing price of Rs. 3,508. It touched the intra-day low of Rs. 3,490.

Sentiment weakened further due to the sluggish export demand as a result of the weak demand for the commodity.

EU-27 accounts to about 34 per cent of worlds RM seed production, others major producers are China (23 per cent), Canada (19 per cent), India (14 per cent), Australia (3 per cent), Ukraine (2 per cent). India produces 5.5 million MT to7 million MT annually.

Castorseed prices ended lower by 4 per cent on Saturday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of fresh supply of the commodity in the major mandies as well as strong production estimates. At the NCDEX, castor seed futures for May 2013 contract closed at Rs. 3,244 per quintal tonnes, down by 4 per cent, after opening at Rs. 3,278 against the previous closing price of Rs. 3,379. It touched the intra-day low of Rs. 3,282. Castor oil, extracted from castor seed is the largest vegetable oil exported out of India. India is the biggest exporter of castor oil holding about 70 per cent share of the international trade in this commodity followed by China & Brazil.

Bucking the upbeat trend across its Asian peers, the key domestic benchmarks logged modest losses today as the Sensex snapped a four-day winning streak amid profit-booking by investors after the recent impressive rally. Healthcare stocks slumped amid concerns over the nation’s new drug policy. On the economic front, India’s Economic Affairs Secretary Arvind Mayaram lashed out at S&P for maintaining a negative outlook on the country’s credit rating, saying that there was no case for a downgrade.

At 4:00PM, the BSE SENSEX closed at 20,223.98, down by 62.14 points or by 0.31 per cent and the NSE Nifty ended at 6,156.9, down by 30.4 points or by 0.49 per cent.

The BSE Sensex touched intraday high of 20,443.62 and intraday low of 20,186.66. The NSE Nifty touched intraday high of 6,229.45 and intraday low of 6,146.05.

Meanwhile, the BSE MIDCAP closed at 6,587.97, down by 26.01 points or by 0.39 per cent, while the BSE SMLCAP ended at 6,186.65, down by 12.54 points or by 0.2 per cent.

On the Sectoral front, Healthcare and Consumer Durables shed 1.79 per cent and 1.19 per cent, respectively.

The Market breadth, indicating the overall health of the market, was weak. On BSE out of total shares traded 2621, shares advanced were 1156 while 1331 shares declined and 134 were unchanged.

The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 308.00,-2.42%), Oil And Natural Gas Corporation Ltd. (Rs. 332.90,-2.09%), Cipla Ltd. (Rs. 417.40,-1.71%), Wipro Ltd. (Rs. 338.15,-1.70%), ICICI Bank Ltd. (Rs. 1208.65,-1.62%), among others.

       COPPER: +8825

       ZINC: +87252

       LEAD: -1125

       NICKLE: +1122

       ALUMINIUM: -4325

LME Cancelled Warrants

       COPPER: +[2.28]

       ZINC: -[5.09]

       LEAD: +[0.62]

       NICKLE: -[0.60]