Market return Stock return

Series Date Close Price SBI (Y) Close NIFTY (X)

EQ 1-Apr-09 1,077.45 3060.35
EQ 2-Apr-09 1,147.05 3211.05 4.92 6.46
EQ 6-Apr-09 1,124.75 3256.6 1.42 -1.94
EQ 8-Apr-09 1,123.75 3342.95 2.65 -0.09
EQ 9-Apr-09 1,140.30 3342.05 -0.03 1.47
EQ 13-Apr-09 1,217.90 3382.6 1.21 6.81
EQ 15-Apr-09 1,294.80 3484.15 3.00 6.31
EQ 16-Apr-09 1,260.85 3369.5 -3.29 -2.62
EQ 17-Apr-09 1,304.80 3384.4 0.44 3.49
EQ 20-Apr-09 1,294.65 3377.1 -0.22 -0.78
EQ 21-Apr-09 1,253.80 3365.3 -0.35 -3.16
EQ 22-Apr-09 1,231.35 3330.3 -1.04 -1.79
EQ 23-Apr-09 1,265.95 3423.7 2.80 2.81
EQ 24-Apr-09 1,311.15 3480.75 1.67 3.57
EQ 27-Apr-09 1,278.20 3470 -0.31 -2.51
EQ 28-Apr-09 1,235.60 3362.35 -3.10 -3.33
EQ 29-Apr-09 1,278.60 3473.95 3.32 3.48
EQ 4-May-09 1,366.25 3654 5.18 6.86
EQ 5-May-09 1,345.20 3661.9 0.22 -1.54
EQ 6-May-09 1,322.45 3625.05 -1.01 -1.69
EQ 7-May-09 1,369.50 3683.9 1.62 3.56
EQ 8-May-09 1,324.55 3620.7 -1.72 -3.28
EQ 11-May-09 1,258.20 3554.6 -1.83 -5.01
EQ 12-May-09 1,295.15 3681.1 3.56 2.94
EQ 13-May-09 1,261.40 3635.25 -1.25 -2.61
EQ 14-May-09 1,267.35 3593.45 -1.15 0.47
EQ 15-May-09 1,313.50 3671.65 2.18 3.64
EQ 18-May-09 1,576.55 4323.15 17.74 20.03
EQ 19-May-09 1,753.95 4318.45 -0.11 11.25
EQ 20-May-09 1,781.15 4270.3 -1.11 1.55
EQ 21-May-09 1,712.20 4210.9 -1.39 -3.87
EQ 22-May-09 1,732.00 4238.5 0.66 1.16
EQ 25-May-09 1,722.35 4237.55 -0.02 -0.56
EQ 26-May-09 1,689.45 4116.7 -2.85 -1.91
EQ 27-May-09 1,792.90 4276.05 3.87 6.12
EQ 28-May-09 1,829.55 4337.1 1.43 2.04
EQ 29-May-09 1,868.85 4448.95 2.58 2.15
EQ 1-Jun-09 1,876.75 4529.9 1.82 0.42
EQ 2-Jun-09 1,906.90 4525.25 -0.10 1.61
EQ 3-Jun-09 1,879.55 4530.7 0.12 -1.43
EQ 4-Jun-09 1,882.90 4572.65 0.93 0.18
EQ 5-Jun-09 1,817.65 4586.9 0.31 -3.47
EQ 8-Jun-09 1,695.95 4429.9 -3.42 -6.70
EQ 9-Jun-09 1,763.60 4550.95 2.73 3.99
EQ 10-Jun-09 1,756.75 4655.25 2.29 -0.39
EQ 11-Jun-09 1,693.50 4637.7 -0.38 -3.60
EQ 12-Jun-09 1,634.60 4583.4 -1.17 -3.48
EQ 15-Jun-09 1,641.90 4484 -2.17 0.45
EQ 16-Jun-09 1,714.35 4517.8 0.75 4.41
EQ 17-Jun-09 1,662.35 4356.15 -3.58 -3.03
EQ 18-Jun-09 1,703.30 4251.4 -2.40 2.46
EQ 19-Jun-09 1,724.60 4313.6 1.46 1.25
EQ 22-Jun-09 1,695.40 4235.25 -1.82 -1.69
EQ 23-Jun-09 1,707.95 4247 0.28 0.74
EQ 24-Jun-09 1,716.75 4292.95 1.08 0.52
EQ 25-Jun-09 1,704.00 4241.85 -1.19 -0.74
EQ 26-Jun-09 1,749.25 4375.5 3.15 2.66
EQ 29-Jun-09 1,765.15 4390.95 0.35 0.91
EQ 30-Jun-09 1,745.30 4291.1 -2.27 -1.12
EQ 1-Jul-09 1,779.55 4340.9 1.16 1.96
EQ 2-Jul-09 1,759.45 4348.85 0.18 -1.13
EQ 3-Jul-09 1,809.65 4424.25 1.73 2.85
EQ 6-Jul-09 1,653.50 4165.7 -5.84 -8.63
EQ 7-Jul-09 1,636.35 4202.15 0.88 -1.04
EQ 8-Jul-09 1,580.70 4078.9 -2.93 -3.40
EQ 9-Jul-09 1,604.05 4080.95 0.05 1.48
EQ 10-Jul-09 1,543.65 4003.9 -1.89 -3.77
EQ 13-Jul-09 1,546.55 3974.05 -0.75 0.19
EQ 14-Jul-09 1,582.60 4111.4 3.46 2.33
EQ 15-Jul-09 1,637.00 4233.5 2.97 3.44
EQ 16-Jul-09 1,604.20 4231.4 -0.05 -2.00
EQ 17-Jul-09 1,673.95 4374.95 3.39 4.35
EQ 20-Jul-09 1,722.95 4502.25 2.91 2.93
EQ 21-Jul-09 1,711.55 4469.1 -0.74 -0.66
EQ 22-Jul-09 1,693.90 4398.9 -1.57 -1.03
EQ 23-Jul-09 1,727.15 4523.75 2.84 1.96
EQ 24-Jul-09 1,698.60 4568.55 0.99 -1.65
EQ 27-Jul-09 1,711.30 4572.3 0.08 0.75
EQ 28-Jul-09 1,681.75 4564.1 -0.18 -1.73
EQ 29-Jul-09 1,656.75 4513.5 -1.11 -1.49
EQ 30-Jul-09 1,722.80 4571.45 1.28 3.99
EQ 31-Jul-09 1,811.65 4636.45 1.42 5.16
EQ 3-Aug-09 1,847.05 4711.4 1.62 1.95
EQ 4-Aug-09 1,857.45 4680.5 -0.66 0.56
EQ 5-Aug-09 1,843.55 4694.15 0.29 -0.75
EQ 6-Aug-09 1,796.65 4585.5 -2.31 -2.54
EQ 7-Aug-09 1,743.30 4481.4 -2.27 -2.97
EQ 10-Aug-09 1,710.95 4437.65 -0.98 -1.86
EQ 11-Aug-09 1,729.25 4471.35 0.76 1.07
EQ 12-Aug-09 1,702.75 4457.5 -0.31 -1.53
EQ 13-Aug-09 1,797.60 4605 3.31 5.57
EQ 14-Aug-09 1,800.75 4580.05 -0.54 0.18
EQ 17-Aug-09 1,713.45 4387.9 -4.20 -4.85
EQ 18-Aug-09 1,734.45 4458.9 1.62 1.23
EQ 19-Aug-09 1,691.10 4394.1 -1.45 -2.50
EQ 20-Aug-09 1,753.15 4453.45 1.35 3.67
EQ 21-Aug-09 1,775.85 4528.8 1.69 1.29
EQ 24-Aug-09 1,790.20 4642.8 2.52 0.81
EQ 25-Aug-09 1,747.60 4659.35 0.36 -2.38
EQ 26-Aug-09 1,739.70 4680.85 0.46 -0.45
EQ 27-Aug-09 1,753.80 4688.2 0.16 0.81
EQ 28-Aug-09 1,781.75 4732.35 0.94 1.59
EQ 31-Aug-09 1,742.90 4662.1 -1.48 -2.18
EQ 1-Sep-09 1,733.20 4625.35 -0.79 -0.56
EQ 2-Sep-09 1,734.40 4608.35 -0.37 0.07
EQ 3-Sep-09 1,747.00 4593.55 -0.32 0.73
EQ 4-Sep-09 1,762.45 4680.4 1.89 0.88
EQ 7-Sep-09 1,813.35 4782.9 2.19 2.89
Sum 174255.15 453051.60 48.25 58.99
Mean 0.45 0.55
Variance 6.8484108402206 13.214328428
S.D 2.6169468546802 3.6351517752
Co-variance 7.82
Beta 0.5914624044807
Co-variance 95674.48

rf 7
Rm (in %) 18.66
Ke 13.90
0.139
Nifty Deviations Nifty Dev^2 SBI deviations Sbi Dev^2 Nifty DEV* SBI dev

4.47 20.01 5.91 34.91 26.4298710837379

0.97 0.94 -2.50 6.23 -2.4145624884411
2.20 4.84 -0.64 0.41 -1.40894372904797
-0.48 0.23 0.92 0.85 -0.44031922185254
0.76 0.58 6.25 39.11 4.76774375607785
2.55 6.51 5.76 33.21 14.7018572128504
-3.74 14.00 -3.17 10.07 11.8734404899041
-0.01 0.00 2.93 8.61 -0.02570129726043
-0.67 0.44 -1.33 1.77 0.886152351423348
-0.80 0.64 -3.71 13.74 2.96669858470856
-1.49 2.22 -2.34 5.48 3.49175551725917
2.35 5.54 2.26 5.10 5.31575528381128
1.22 1.48 3.02 9.11 3.66929551654346
-0.76 0.58 -3.06 9.39 2.32834805455438
-3.55 12.63 -3.88 15.09 13.8014686711092
2.87 8.23 2.93 8.58 8.40005066283708
4.73 22.39 6.30 39.74 29.8289616702355
-0.23 0.06 -2.09 4.38 0.49113197498358
-1.46 2.12 -2.24 5.03 3.26799928097329
1.17 1.37 3.01 9.04 3.52494402508199
-2.17 4.69 -3.83 14.70 8.30556377217295
-2.28 5.18 -5.56 30.92 12.6591220711911
3.11 9.66 2.39 5.69 7.41331218242072
-1.70 2.88 -3.16 9.97 5.35627626354397
-1.60 2.56 -0.08 0.01 0.127511299024738
1.73 2.98 3.09 9.55 5.33111268619595
17.29 299.05 19.48 379.29 336.788311971957
-0.56 0.31 10.70 114.51 -5.98914885560452
-1.57 2.45 1.00 1.00 -1.56505650521626
-1.84 3.39 -4.42 19.56 8.14598645112398
0.20 0.04 0.61 0.37 0.123722247621217
-0.47 0.22 -1.11 1.23 0.524740931187191
-3.30 10.91 -2.46 6.06 8.1300609577257
3.42 11.70 5.57 31.05 19.0552522390866
0.98 0.95 1.49 2.23 1.45812699283797
2.13 4.53 1.60 2.55 3.3977361937469
1.37 1.87 -0.13 0.02 -0.1760423385497
-0.55 0.31 1.06 1.11 -0.58414283976827
-0.33 0.11 -1.99 3.94 0.656296969933528
0.47 0.23 -0.37 0.14 -0.17721045574226
-0.14 0.02 -4.02 16.13 0.559634956501326
-3.87 15.01 -7.25 52.52 28.0723453150017
2.28 5.21 3.44 11.82 7.84316533621528
1.84 3.39 -0.94 0.88 -1.7299787017669
-0.83 0.69 -4.15 17.24 3.43746052523684
-1.62 2.63 -4.03 16.24 6.53480909115862
-2.62 6.86 -0.10 0.01 0.274434604038436
0.30 0.09 3.86 14.91 1.16929477535153
-4.03 16.23 -3.58 12.85 14.4423463078739
-2.86 8.15 1.91 3.66 -5.46000050489154
1.01 1.02 0.70 0.49 0.707612067317291
-2.27 5.14 -2.24 5.04 5.08897162570958
-0.17 0.03 0.19 0.04 -0.0327768939546
0.63 0.40 -0.04 0.00 -0.02278759566725
-1.64 2.69 -1.29 1.67 2.12387883268588
2.70 7.29 2.10 4.43 5.68079554158802
-0.10 0.01 0.36 0.13 -0.03499496939281
-2.72 7.43 -1.68 2.81 4.56676086607193
0.71 0.50 1.41 1.99 1.00126193354187
-0.27 0.07 -1.68 2.83 0.450163911697104
1.28 1.65 2.30 5.30 2.95283582201041
-6.29 39.63 -9.18 84.27 57.7876646826431
0.42 0.18 -1.59 2.52 -0.6736106317208
-3.38 11.45 -3.95 15.62 13.3742251144421
-0.40 0.16 0.93 0.86 -0.37098661498309
-2.34 5.47 -4.32 18.63 10.0970505965092
-1.20 1.43 -0.36 0.13 0.434904878781167
3.01 9.03 1.78 3.17 5.34820177219893
2.52 6.34 2.89 8.33 7.26941883932909
-0.50 0.25 -2.56 6.53 1.27895256304459
2.94 8.65 3.80 14.41 11.1678535563654
2.46 6.05 2.38 5.64 5.84172308046612
-1.19 1.41 -1.21 1.47 1.44015509672298
-2.02 4.09 -1.58 2.50 3.19957852296871
2.39 5.70 1.41 1.99 3.36977734913063
0.54 0.29 -2.20 4.86 -1.18896376156977
-0.37 0.14 0.20 0.04 -0.0724189596412
-0.63 0.40 -2.28 5.19 1.43589607592841
-1.56 2.43 -2.04 4.15 3.17833383296448
0.83 0.69 3.44 11.80 2.86154280567752
0.97 0.94 4.61 21.21 4.47195164018172
1.17 1.36 1.40 1.97 1.63491817402939
-1.11 1.23 0.01 0.00 -0.01295839875748
-0.16 0.03 -1.30 1.69 0.207073423730465
-2.77 7.65 -3.10 9.58 8.56034529770033
-2.72 7.40 -3.52 12.40 9.58057274859191
-1.43 2.04 -2.41 5.79 3.43535442223714
0.31 0.10 0.52 0.27 0.159847843105351
-0.76 0.58 -2.08 4.34 1.58517520470844
2.86 8.17 5.02 25.19 14.3447871180219
-0.99 0.99 -0.38 0.14 0.373396644596456
-4.65 21.59 -5.40 29.15 25.0870781652115
1.17 1.36 0.67 0.45 0.786928747931795
-1.90 3.63 -3.05 9.31 5.80925343690004
0.90 0.81 3.12 9.72 2.80517980581626
1.24 1.54 0.74 0.55 0.922623393229777
2.07 4.27 0.26 0.07 0.530433386452049
-0.09 0.01 -2.93 8.59 0.276961938992627
0.01 0.00 -1.00 1.01 -0.0105126303162
-0.29 0.09 0.26 0.07 -0.07616884520836
0.49 0.24 1.04 1.09 0.511539417788129
-1.94 3.75 -2.73 7.46 5.28717752215845
-1.24 1.54 -1.11 1.23 1.37294019653303
-0.82 0.67 -0.48 0.23 0.394612281304021
-0.77 0.60 0.18 0.03 -0.13521605500406
1.44 2.07 0.33 0.11 0.479461599740792
1.74 3.02 2.34 5.46 4.06352808681591
732.78 1413.93 836.29
 Date market(X) X
1-Sep-08 4348.65
2-Sep-08 4504 3.572373
4-Sep-08 4447.75 -1.24889
5-Sep-08 4352.3 -2.146029
8-Sep-08 4482.3 2.9869265
9-Sep-08 4468.7 -0.303416
10-Sep-08 4400.25 -1.531765
11-Sep-08 4290.3 -2.498722
12-Sep-08 4228.45 -1.441624
15-Sep-08 4072.9 -3.678653
16-Sep-08 4074.9 0.0491051
17-Sep-08 4008.25 -1.635623
18-Sep-08 4038.15 0.7459615
19-Sep-08 4245.25 5.1285861
22-Sep-08 4223.05 -0.522937
23-Sep-08 4126.9 -2.27679
24-Sep-08 4161.25 0.8323439
25-Sep-08 4110.55 -1.218384
26-Sep-08 3985.25 -3.048254
29-Sep-08 3850.05 -3.39251
30-Sep-08 3921.2 1.8480279
1-Oct-08 3950.75 0.7535958
3-Oct-08 3818.3 -3.352528
6-Oct-08 3602.35 -5.655658
7-Oct-08 3606.6 0.1179785
8-Oct-08 3513.65 -2.57722
10-Oct-08 3279.95 -6.651203
13-Oct-08 3490.7 6.4254028
14-Oct-08 3518.65 0.800699
15-Oct-08 3338.4 -5.122703
16-Oct-08 3269.3 -2.069854
17-Oct-08 3074.35 -5.96305
20-Oct-08 3122.8 1.5759429
21-Oct-08 3234.9 3.5897272
22-Oct-08 3065.15 -5.247457
23-Oct-08 2943.15 -3.980229
24-Oct-08 2584 -12.20291
27-Oct-08 2524.2 -2.314241
28-Oct-08 2684.6 6.3544886
29-Oct-08 2697.05 0.4637562
31-Oct-08 2885.6 6.9909716
3-Nov-08 3043.85 5.4841281
4-Nov-08 3142.1 3.22782
 5-Nov-08 2994.95 -4.683174
6-Nov-08 2892.65 -3.41575
7-Nov-08 2973 2.7777298
10-Nov-08 3148.25 5.8947191
11-Nov-08 2938.65 -6.657667
12-Nov-08 2848.45 -3.069437
14-Nov-08 2810.35 -1.33757
17-Nov-08 2799.55 -0.384294
18-Nov-08 2683.15 -4.157811
19-Nov-08 2635 -1.794533
20-Nov-08 2553.15 -3.106262
21-Nov-08 2693.45 5.4951726
24-Nov-08 2708.25 0.5494811
25-Nov-08 2654 -2.003139
26-Nov-08 2752.25 3.7019593
28-Nov-08 2755.1 0.1035516
1-Dec-08 2682.9 -2.620595
2-Dec-08 2657.8 -0.935555
3-Dec-08 2656.45 -0.050794
4-Dec-08 2788 4.9520977
5-Dec-08 2714.4 -2.639885
8-Dec-08 2784 2.5641026
10-Dec-08 2928.25 5.1813937
11-Dec-08 2920.15 -0.276616
12-Dec-08 2921.35 0.0410938
15-Dec-08 2981.2 2.0487104
16-Dec-08 3041.75 2.0310613
17-Dec-08 2954.35 -2.873346
18-Dec-08 3060.75 3.601469
19-Dec-08 3077.5 0.5472515
22-Dec-08 3039.3 -1.241267
23-Dec-08 2968.65 -2.324548
24-Dec-08 2916.85 -1.744901
26-Dec-08 2857.25 -2.0433
29-Dec-08 2922.2 2.2731648
30-Dec-08 2979.5 1.9608514
31-Dec-08 2959.15 -0.683001
1-Jan-09 3033.45 2.5108562
2-Jan-09 3046.75 0.4384447
5-Jan-09 3121.45 2.4517929
6-Jan-09 3112.8 -0.277115
7-Jan-09 2920.4 -6.18093
9-Jan-09 2873 -1.623065
12-Jan-09 2773.1 -3.477202
13-Jan-09 2744.95 -1.015109
14-Jan-09 2835.3 3.2914989
15-Jan-09 2736.7 -3.477586
16-Jan-09 2828.45 3.3525779
19-Jan-09 2846.2 0.6275522
20-Jan-09 2796.6 -1.742674
21-Jan-09 2706.15 -3.234284
22-Jan-09 2713.8 0.2826894
23-Jan-09 2678.55 -1.298917
27-Jan-09 2771.35 3.464561
28-Jan-09 2849.5 2.8199253
29-Jan-09 2823.95 -0.896649
30-Jan-09 2874.8 1.8006693
2-Feb-09 2766.65 -3.762001
3-Feb-09 2783.9 0.6234977
4-Feb-09 2803.05 0.6878839
5-Feb-09 2780.05 -0.820535
6-Feb-09 2843.1 2.2679448
9-Feb-09 2919.9 2.7012768
10-Feb-09 2934.5 0.5000171
11-Feb-09 2925.7 -0.299881
12-Feb-09 2893.05 -1.115972
13-Feb-09 2948.35 1.9114775
16-Feb-09 2848.5 -3.38664
17-Feb-09 2770.5 -2.738283
18-Feb-09 2776.15 0.2039343
19-Feb-09 2789.35 0.4754786
20-Feb-09 2736.45 -1.896499
24-Feb-09 2733.9 -0.093186
25-Feb-09 2762.5 1.0461246
26-Feb-09 2785.65 0.838009
27-Feb-09 2763.65 -0.789762
2-Mar-09 2674.6 -3.222188
3-Mar-09 2622.4 -1.951694
4-Mar-09 2645.2 0.8694326
5-Mar-09 2576.7 -2.589596
6-Mar-09 2620.15 1.6862654
9-Mar-09 2573.15 -1.79379
12-Mar-09 2617.45 1.7216252
13-Mar-09 2719.25 3.8892816
16-Mar-09 2777.25 2.1329411
17-Mar-09 2757.45 -0.712935
18-Mar-09 2794.7 1.3508858
19-Mar-09 2807.15 0.4454861
20-Mar-09 2807.05 -0.003562
23-Mar-09 2939.9 4.7327265
24-Mar-09 2938.7 -0.040818
25-Mar-09 2984.35 1.553408
26-Mar-09 3082.25 3.2804463
27-Mar-09 3108.65 0.8565172
30-Mar-09 2978.15 -4.197964
31-Mar-09 3020.95 1.4371338
1-Apr-09 3060.35 1.3042255
2-Apr-09 3211.05 4.9242734
6-Apr-09 3256.6 1.4185391
8-Apr-09 3342.95 2.6515384
9-Apr-09 3342.05 -0.026922
13-Apr-09 3382.6 1.2133271
15-Apr-09 3484.15 3.0021285
16-Apr-09 3369.5 -3.290616
17-Apr-09 3384.4 0.4422021
20-Apr-09 3377.1 -0.215696
21-Apr-09 3365.3 -0.349412
22-Apr-09 3330.3 -1.040026
23-Apr-09 3423.7 2.8045521
24-Apr-09 3480.75 1.6663259
27-Apr-09 3470 -0.308841
28-Apr-09 3362.35 -3.102305
29-Apr-09 3473.95 3.3191072
4-May-09 3654 5.182861
5-May-09 3661.9 0.2162014
6-May-09 3625.05 -1.006308
7-May-09 3683.9 1.6234259
8-May-09 3620.7 -1.715573
11-May-09 3554.6 -1.825614
12-May-09 3681.1 3.5587689
13-May-09 3635.25 -1.245552
14-May-09 3593.45 -1.149852
15-May-09 3671.65 2.1761817
18-May-09 4323.15 17.744066
19-May-09 4318.45 -0.108717
20-May-09 4270.3 -1.114983
21-May-09 4210.9 -1.391003
22-May-09 4238.5 0.6554418
25-May-09 4237.55 -0.022414
26-May-09 4116.7 -2.851884
27-May-09 4276.05 3.8708189
28-May-09 4337.1 1.4277195
29-May-09 4448.95 2.5789122
1-Jun-09 4529.9 1.8195305
2-Jun-09 4525.25 -0.102651
 3-Jun-09 4530.7 0.1204353
4-Jun-09 4572.65 0.9259055
5-Jun-09 4586.9 0.3116355
8-Jun-09 4429.9 -3.422791
9-Jun-09 4550.95 2.7325673
10-Jun-09 4655.25 2.2918292
11-Jun-09 4637.7 -0.376994
12-Jun-09 4583.4 -1.170839
15-Jun-09 4484 -2.168696
16-Jun-09 4517.8 0.7537913
17-Jun-09 4356.15 -3.578069
18-Jun-09 4251.4 -2.404646
19-Jun-09 4313.6 1.4630475
22-Jun-09 4235.25 -1.816348
23-Jun-09 4247 0.2774334
24-Jun-09 4292.95 1.0819402
25-Jun-09 4241.85 -1.190324
26-Jun-09 4375.5 3.1507479
29-Jun-09 4390.95 0.3531025
30-Jun-09 4291.1 -2.273995
1-Jul-09 4340.9 1.1605416
2-Jul-09 4348.85 0.1831417
3-Jul-09 4424.25 1.7337917
6-Jul-09 4165.7 -5.843928
7-Jul-09 4202.15 0.875003
8-Jul-09 4078.9 -2.933022
9-Jul-09 4080.95 0.0502586
10-Jul-09 4003.9 -1.888041
13-Jul-09 3974.05 -0.745523
14-Jul-09 4111.4 3.4561719
15-Jul-09 4233.5 2.9697913
16-Jul-09 4231.4 -0.049604
17-Jul-09 4374.95 3.3924942
20-Jul-09 4502.25 2.9097475
21-Jul-09 4469.1 -0.736299
22-Jul-09 4398.9 -1.570786
23-Jul-09 4523.75 2.8382096
24-Jul-09 4568.55 0.9903288
27-Jul-09 4572.3 0.0820829
28-Jul-09 4564.1 -0.179341
29-Jul-09 4513.5 -1.108652
30-Jul-09 4571.45 1.283926
31-Jul-09 4636.45 1.4218683
3-Aug-09 4711.4 1.6165385
4-Aug-09 4680.5 -0.655856
 5-Aug-09 4694.15 0.2916355
6-Aug-09 4585.5 -2.314583
7-Aug-09 4481.4 -2.2702
10-Aug-09 4437.65 -0.976257
11-Aug-09 4471.35 0.7594109
12-Aug-09 4457.5 -0.30975
13-Aug-09 4605 3.3090297
14-Aug-09 4580.05 -0.541802
17-Aug-09 4387.9 -4.195369
18-Aug-09 4458.9 1.6180861
19-Aug-09 4394.1 -1.453273
20-Aug-09 4453.45 1.3506748
21-Aug-09 4528.8 1.6919467
24-Aug-09 4642.8 2.5172231
25-Aug-09 4659.35 0.3564659
26-Aug-09 4680.85 0.4614378
27-Aug-09 4688.2 0.1570228
28-Aug-09 4732.35 0.941726
31-Aug-09 4662.1 -1.484463
SUM 17.114387
AVG 0.0710141
ANNual Exp RET 0.1865894
 Market return Stock return Nifty Deviations
Series Date Close Price SBI (Y) Close NIFTY (X)
EQ 1-Apr-09 1,077.45 3060.35
EQ 2-Apr-09 1,147.05 3211.05 4.92 6.46 4.47
EQ 6-Apr-09 1,124.75 3256.6 1.42 -1.94 0.97
EQ 8-Apr-09 1,123.75 3342.95 2.65 -0.09 2.20
EQ 9-Apr-09 1,140.30 3342.05 -0.03 1.47 -0.48
EQ 13-Apr-09 1,217.90 3382.6 1.21 6.81 0.76
EQ 15-Apr-09 1,294.80 3484.15 3.00 6.31 2.55
EQ 16-Apr-09 1,260.85 3369.5 -3.29 -2.62 -3.74
EQ 17-Apr-09 1,304.80 3384.4 0.44 3.49 -0.01
EQ 20-Apr-09 1,294.65 3377.1 -0.22 -0.78 -0.67
EQ 21-Apr-09 1,253.80 3365.3 -0.35 -3.16 -0.80
EQ 22-Apr-09 1,231.35 3330.3 -1.04 -1.79 -1.49
EQ 23-Apr-09 1,265.95 3423.7 2.80 2.81 2.35
EQ 24-Apr-09 1,311.15 3480.75 1.67 3.57 1.22
EQ 27-Apr-09 1,278.20 3470 -0.31 -2.51 -0.76
EQ 28-Apr-09 1,235.60 3362.35 -3.10 -3.33 -3.55
EQ 29-Apr-09 1,278.60 3473.95 3.32 3.48 2.87
EQ 4-May-09 1,366.25 3654 5.18 6.86 4.73
EQ 5-May-09 1,345.20 3661.9 0.22 -1.54 -0.23
EQ 6-May-09 1,322.45 3625.05 -1.01 -1.69 -1.46
EQ 7-May-09 1,369.50 3683.9 1.62 3.56 1.17
EQ 8-May-09 1,324.55 3620.7 -1.72 -3.28 -2.17
EQ 11-May-09 1,258.20 3554.6 -1.83 -5.01 -2.28
EQ 12-May-09 1,295.15 3681.1 3.56 2.94 3.11
EQ 13-May-09 1,261.40 3635.25 -1.25 -2.61 -1.70
EQ 14-May-09 1,267.35 3593.45 -1.15 0.47 -1.60
EQ 15-May-09 1,313.50 3671.65 2.18 3.64 1.73
EQ 18-May-09 1,576.55 4323.15 17.74 20.03 17.29
EQ 19-May-09 1,753.95 4318.45 -0.11 11.25 -0.56
EQ 20-May-09 1,781.15 4270.3 -1.11 1.55 -1.57
EQ 21-May-09 1,712.20 4210.9 -1.39 -3.87 -1.84
EQ 22-May-09 1,732.00 4238.5 0.66 1.16 0.20
EQ 25-May-09 1,722.35 4237.55 -0.02 -0.56 -0.47
EQ 26-May-09 1,689.45 4116.7 -2.85 -1.91 -3.30
EQ 27-May-09 1,792.90 4276.05 3.87 6.12 3.42
EQ 28-May-09 1,829.55 4337.1 1.43 2.04 0.98
EQ 29-May-09 1,868.85 4448.95 2.58 2.15 2.13
EQ 1-Jun-09 1,876.75 4529.9 1.82 0.42 1.37
EQ 2-Jun-09 1,906.90 4525.25 -0.10 1.61 -0.55
EQ 3-Jun-09 1,879.55 4530.7 0.12 -1.43 -0.33
EQ 4-Jun-09 1,882.90 4572.65 0.93 0.18 0.47
EQ 5-Jun-09 1,817.65 4586.9 0.31 -3.47 -0.14
EQ 8-Jun-09 1,695.95 4429.9 -3.42 -6.70 -3.87
EQ 9-Jun-09 1,763.60 4550.95 2.73 3.99 2.28
EQ 10-Jun-09 1,756.75 4655.25 2.29 -0.39 1.84
EQ 11-Jun-09 1,693.50 4637.7 -0.38 -3.60 -0.83
EQ 12-Jun-09 1,634.60 4583.4 -1.17 -3.48 -1.62
EQ 15-Jun-09 1,641.90 4484 -2.17 0.45 -2.62
EQ 16-Jun-09 1,714.35 4517.8 0.75 4.41 0.30
EQ 17-Jun-09 1,662.35 4356.15 -3.58 -3.03 -4.03
EQ 18-Jun-09 1,703.30 4251.4 -2.40 2.46 -2.86
EQ 19-Jun-09 1,724.60 4313.6 1.46 1.25 1.01
EQ 22-Jun-09 1,695.40 4235.25 -1.82 -1.69 -2.27
EQ 23-Jun-09 1,707.95 4247 0.28 0.74 -0.17
EQ 24-Jun-09 1,716.75 4292.95 1.08 0.52 0.63
EQ 25-Jun-09 1,704.00 4241.85 -1.19 -0.74 -1.64
EQ 26-Jun-09 1,749.25 4375.5 3.15 2.66 2.70
EQ 29-Jun-09 1,765.15 4390.95 0.35 0.91 -0.10
EQ 30-Jun-09 1,745.30 4291.1 -2.27 -1.12 -2.72
EQ 1-Jul-09 1,779.55 4340.9 1.16 1.96 0.71
EQ 2-Jul-09 1,759.45 4348.85 0.18 -1.13 -0.27
EQ 3-Jul-09 1,809.65 4424.25 1.73 2.85 1.28
EQ 6-Jul-09 1,653.50 4165.7 -5.84 -8.63 -6.29
EQ 7-Jul-09 1,636.35 4202.15 0.88 -1.04 0.42
EQ 8-Jul-09 1,580.70 4078.9 -2.93 -3.40 -3.38
EQ 9-Jul-09 1,604.05 4080.95 0.05 1.48 -0.40
EQ 10-Jul-09 1,543.65 4003.9 -1.89 -3.77 -2.34
EQ 13-Jul-09 1,546.55 3974.05 -0.75 0.19 -1.20
EQ 14-Jul-09 1,582.60 4111.4 3.46 2.33 3.01
EQ 15-Jul-09 1,637.00 4233.5 2.97 3.44 2.52
EQ 16-Jul-09 1,604.20 4231.4 -0.05 -2.00 -0.50
EQ 17-Jul-09 1,673.95 4374.95 3.39 4.35 2.94
EQ 20-Jul-09 1,722.95 4502.25 2.91 2.93 2.46
EQ 21-Jul-09 1,711.55 4469.1 -0.74 -0.66 -1.19
EQ 22-Jul-09 1,693.90 4398.9 -1.57 -1.03 -2.02
EQ 23-Jul-09 1,727.15 4523.75 2.84 1.96 2.39
EQ 24-Jul-09 1,698.60 4568.55 0.99 -1.65 0.54
EQ 27-Jul-09 1,711.30 4572.3 0.08 0.75 -0.37
EQ 28-Jul-09 1,681.75 4564.1 -0.18 -1.73 -0.63
EQ 29-Jul-09 1,656.75 4513.5 -1.11 -1.49 -1.56
EQ 30-Jul-09 1,722.80 4571.45 1.28 3.99 0.83
EQ 31-Jul-09 1,811.65 4636.45 1.42 5.16 0.97
EQ 3-Aug-09 1,847.05 4711.4 1.62 1.95 1.17
EQ 4-Aug-09 1,857.45 4680.5 -0.66 0.56 -1.11
EQ 5-Aug-09 1,843.55 4694.15 0.29 -0.75 -0.16
EQ 6-Aug-09 1,796.65 4585.5 -2.31 -2.54 -2.77
EQ 7-Aug-09 1,743.30 4481.4 -2.27 -2.97 -2.72
EQ 10-Aug-09 1,710.95 4437.65 -0.98 -1.86 -1.43
EQ 11-Aug-09 1,729.25 4471.35 0.76 1.07 0.31
EQ 12-Aug-09 1,702.75 4457.5 -0.31 -1.53 -0.76
EQ 13-Aug-09 1,797.60 4605 3.31 5.57 2.86
EQ 14-Aug-09 1,800.75 4580.05 -0.54 0.18 -0.99
EQ 17-Aug-09 1,713.45 4387.9 -4.20 -4.85 -4.65
EQ 18-Aug-09 1,734.45 4458.9 1.62 1.23 1.17
EQ 19-Aug-09 1,691.10 4394.1 -1.45 -2.50 -1.90
EQ 20-Aug-09 1,753.15 4453.45 1.35 3.67 0.90
EQ 21-Aug-09 1,775.85 4528.8 1.69 1.29 1.24
EQ 24-Aug-09 1,790.20 4642.8 2.52 0.81 2.07
EQ 25-Aug-09 1,747.60 4659.35 0.36 -2.38 -0.09
EQ 26-Aug-09 1,739.70 4680.85 0.46 -0.45 0.01
EQ 27-Aug-09 1,753.80 4688.2 0.16 0.81 -0.29
EQ 28-Aug-09 1,781.75 4732.35 0.94 1.59 0.49
EQ 31-Aug-09 1,742.90 4662.1 -1.48 -2.18 -1.94
EQ 1-Sep-09 1,733.20 4625.35 -0.79 -0.56 -1.24
EQ 2-Sep-09 1,734.40 4608.35 -0.37 0.07 -0.82
EQ 3-Sep-09 1,747.00 4593.55 -0.32 0.73 -0.77
EQ 4-Sep-09 1,762.45 4680.4 1.89 0.88 1.44
EQ 7-Sep-09 1,813.35 4782.9 2.19 2.89 1.74
Sum 174255.15 453051.60 48.25 58.99
Mean 0.45 0.55
Variance 6.8484108402206 13.214328428
S.D 2.6169468546802 3.6351517752
Co-variance 7.82
Beta 0.5914624044807
Co-variance 7.82

rf 7
Rm (in %) 18.66
Ke 13.90
Nifty Dev^2 SBI deviations Sbi Dev^2 Nifty DEV* SBI dev Date
1-Sep-08
2-Sep-08
20.01 5.91 34.91 26.4298710837379 4-Sep-08
0.94 -2.50 6.23 -2.4145624884411 5-Sep-08
4.84 -0.64 0.41 -1.40894372904797 8-Sep-08
0.23 0.92 0.85 -0.44031922185254 9-Sep-08
0.58 6.25 39.11 4.76774375607785 10-Sep-08
6.51 5.76 33.21 14.7018572128504 11-Sep-08
14.00 -3.17 10.07 11.8734404899041 12-Sep-08
0.00 2.93 8.61 -0.02570129726043 15-Sep-08
0.44 -1.33 1.77 0.886152351423347 16-Sep-08
0.64 -3.71 13.74 2.96669858470855 17-Sep-08
2.22 -2.34 5.48 3.49175551725917 18-Sep-08
5.54 2.26 5.10 5.31575528381128 19-Sep-08
1.48 3.02 9.11 3.66929551654347 22-Sep-08
0.58 -3.06 9.39 2.32834805455438 23-Sep-08
12.63 -3.88 15.09 13.8014686711092 24-Sep-08
8.23 2.93 8.58 8.40005066283708 25-Sep-08
22.39 6.30 39.74 29.8289616702355 26-Sep-08
0.06 -2.09 4.38 0.491131974983579 29-Sep-08
2.12 -2.24 5.03 3.26799928097329 30-Sep-08
1.37 3.01 9.04 3.52494402508199 1-Oct-08
4.69 -3.83 14.70 8.30556377217295 3-Oct-08
5.18 -5.56 30.92 12.6591220711911 6-Oct-08
9.66 2.39 5.69 7.41331218242072 7-Oct-08
2.88 -3.16 9.97 5.35627626354397 8-Oct-08
2.56 -0.08 0.01 0.127511299024738 10-Oct-08
2.98 3.09 9.55 5.33111268619595 13-Oct-08
299.05 19.48 379.29 336.788311971957 14-Oct-08
0.31 10.70 114.51 -5.98914885560452 15-Oct-08
2.45 1.00 1.00 -1.56505650521626 16-Oct-08
3.39 -4.42 19.56 8.14598645112397 17-Oct-08
0.04 0.61 0.37 0.123722247621217 20-Oct-08
0.22 -1.11 1.23 0.524740931187191 21-Oct-08
10.91 -2.46 6.06 8.1300609577257 22-Oct-08
11.70 5.57 31.05 19.0552522390866 23-Oct-08
0.95 1.49 2.23 1.45812699283797 24-Oct-08
4.53 1.60 2.55 3.3977361937469 27-Oct-08
1.87 -0.13 0.02 -0.1760423385497 28-Oct-08
0.31 1.06 1.11 -0.58414283976827 29-Oct-08
0.11 -1.99 3.94 0.656296969933528 31-Oct-08
0.23 -0.37 0.14 -0.17721045574227 3-Nov-08
0.02 -4.02 16.13 0.559634956501324 4-Nov-08
15.01 -7.25 52.52 28.0723453150017 5-Nov-08
5.21 3.44 11.82 7.84316533621528 6-Nov-08
3.39 -0.94 0.88 -1.7299787017669 7-Nov-08
0.69 -4.15 17.24 3.43746052523684 10-Nov-08
2.63 -4.03 16.24 6.53480909115862 11-Nov-08
6.86 -0.10 0.01 0.274434604038436 12-Nov-08
0.09 3.86 14.91 1.16929477535153 14-Nov-08
16.23 -3.58 12.85 14.4423463078739 17-Nov-08
8.15 1.91 3.66 -5.46000050489154 18-Nov-08
1.02 0.70 0.49 0.707612067317291 19-Nov-08
5.14 -2.24 5.04 5.08897162570958 20-Nov-08
0.03 0.19 0.04 -0.0327768939546 21-Nov-08
0.40 -0.04 0.00 -0.02278759566725 24-Nov-08
2.69 -1.29 1.67 2.12387883268588 25-Nov-08
7.29 2.10 4.43 5.68079554158802 26-Nov-08
0.01 0.36 0.13 -0.03499496939281 28-Nov-08
7.43 -1.68 2.81 4.56676086607193 1-Dec-08
0.50 1.41 1.99 1.00126193354187 2-Dec-08
0.07 -1.68 2.83 0.450163911697104 3-Dec-08
1.65 2.30 5.30 2.95283582201041 4-Dec-08
39.63 -9.18 84.27 57.7876646826431 5-Dec-08
0.18 -1.59 2.52 -0.6736106317208 8-Dec-08
11.45 -3.95 15.62 13.3742251144421 10-Dec-08
0.16 0.93 0.86 -0.37098661498309 11-Dec-08
5.47 -4.32 18.63 10.0970505965092 12-Dec-08
1.43 -0.36 0.13 0.434904878781167 15-Dec-08
9.03 1.78 3.17 5.34820177219893 16-Dec-08
6.34 2.89 8.33 7.26941883932909 17-Dec-08
0.25 -2.56 6.53 1.27895256304459 18-Dec-08
8.65 3.80 14.41 11.1678535563654 19-Dec-08
6.05 2.38 5.64 5.84172308046612 22-Dec-08
1.41 -1.21 1.47 1.44015509672298 23-Dec-08
4.09 -1.58 2.50 3.19957852296871 24-Dec-08
5.70 1.41 1.99 3.36977734913063 26-Dec-08
0.29 -2.20 4.86 -1.18896376156977 29-Dec-08
0.14 0.20 0.04 -0.0724189596412 30-Dec-08
0.40 -2.28 5.19 1.43589607592841 31-Dec-08
2.43 -2.04 4.15 3.17833383296448 1-Jan-09
0.69 3.44 11.80 2.86154280567752 2-Jan-09
0.94 4.61 21.21 4.47195164018172 5-Jan-09
1.36 1.40 1.97 1.63491817402939 6-Jan-09
1.23 0.01 0.00 -0.01295839875748 7-Jan-09
0.03 -1.30 1.69 0.207073423730464 9-Jan-09
7.65 -3.10 9.58 8.56034529770033 12-Jan-09
7.40 -3.52 12.40 9.58057274859191 13-Jan-09
 2.04 -2.41 5.79 3.43535442223714 14-Jan-09
0.10 0.52 0.27 0.159847843105351 15-Jan-09
0.58 -2.08 4.34 1.58517520470844 16-Jan-09
8.17 5.02 25.19 14.3447871180219 19-Jan-09
0.99 -0.38 0.14 0.373396644596456 20-Jan-09
21.59 -5.40 29.15 25.0870781652115 21-Jan-09
1.36 0.67 0.45 0.786928747931795 22-Jan-09
3.63 -3.05 9.31 5.80925343690004 23-Jan-09
0.81 3.12 9.72 2.80517980581626 27-Jan-09
1.54 0.74 0.55 0.922623393229777 28-Jan-09
4.27 0.26 0.07 0.530433386452049 29-Jan-09
0.01 -2.93 8.59 0.276961938992626 30-Jan-09
0.00 -1.00 1.01 -0.0105126303162 2-Feb-09
0.09 0.26 0.07 -0.07616884520836 3-Feb-09
0.24 1.04 1.09 0.51153941778813 4-Feb-09
3.75 -2.73 7.46 5.28717752215844 5-Feb-09
1.54 -1.11 1.23 1.37294019653303 6-Feb-09
0.67 -0.48 0.23 0.394612281304021 9-Feb-09
0.60 0.18 0.03 -0.13521605500406 10-Feb-09
2.07 0.33 0.11 0.479461599740792 11-Feb-09
3.02 2.34 5.46 4.06352808681591 12-Feb-09
732.78 1413.93 836.29 13-Feb-09
16-Feb-09
17-Feb-09
18-Feb-09
19-Feb-09
20-Feb-09
24-Feb-09
25-Feb-09
26-Feb-09
27-Feb-09
2-Mar-09
3-Mar-09
4-Mar-09
5-Mar-09
6-Mar-09
9-Mar-09
12-Mar-09
13-Mar-09
16-Mar-09
17-Mar-09
18-Mar-09
19-Mar-09
20-Mar-09
23-Mar-09
24-Mar-09
25-Mar-09
26-Mar-09
27-Mar-09
30-Mar-09
31-Mar-09
1-Apr-09
2-Apr-09
6-Apr-09
8-Apr-09
9-Apr-09
13-Apr-09
15-Apr-09
16-Apr-09
17-Apr-09
20-Apr-09
21-Apr-09
22-Apr-09
23-Apr-09
24-Apr-09
27-Apr-09
28-Apr-09
29-Apr-09
4-May-09
5-May-09
6-May-09
7-May-09
8-May-09
11-May-09
12-May-09
13-May-09
14-May-09
15-May-09
18-May-09
19-May-09
20-May-09
21-May-09
22-May-09
25-May-09
26-May-09
27-May-09
28-May-09
29-May-09
1-Jun-09
2-Jun-09
 3-Jun-09
4-Jun-09
5-Jun-09
8-Jun-09
9-Jun-09
10-Jun-09
11-Jun-09
12-Jun-09
15-Jun-09
16-Jun-09
17-Jun-09
18-Jun-09
19-Jun-09
22-Jun-09
23-Jun-09
24-Jun-09
25-Jun-09
26-Jun-09
29-Jun-09
30-Jun-09
1-Jul-09
2-Jul-09
3-Jul-09
6-Jul-09
7-Jul-09
8-Jul-09
9-Jul-09
10-Jul-09
13-Jul-09
14-Jul-09
15-Jul-09
16-Jul-09
17-Jul-09
20-Jul-09
21-Jul-09
22-Jul-09
23-Jul-09
24-Jul-09
27-Jul-09
28-Jul-09
29-Jul-09
30-Jul-09
31-Jul-09
3-Aug-09
4-Aug-09
 5-Aug-09
6-Aug-09
7-Aug-09
10-Aug-09
11-Aug-09
12-Aug-09
13-Aug-09
14-Aug-09
17-Aug-09
18-Aug-09
19-Aug-09
20-Aug-09
21-Aug-09
24-Aug-09
25-Aug-09
26-Aug-09
27-Aug-09
28-Aug-09
31-Aug-09
market(X) X
4348.65
4504 3.572373
4447.75 -1.24889
4352.3 -2.146029
4482.3 2.9869265
4468.7 -0.303416
4400.25 -1.531765
4290.3 -2.498722
4228.45 -1.441624
4072.9 -3.678653
4074.9 0.0491051
4008.25 -1.635623
4038.15 0.7459615
4245.25 5.1285861
4223.05 -0.522937
4126.9 -2.27679
4161.25 0.8323439
4110.55 -1.218384
3985.25 -3.048254
3850.05 -3.39251
3921.2 1.8480279
3950.75 0.7535958
3818.3 -3.352528
3602.35 -5.655658
3606.6 0.1179785
3513.65 -2.57722
3279.95 -6.651203
3490.7 6.4254028
3518.65 0.800699
3338.4 -5.122703
3269.3 -2.069854
3074.35 -5.96305
3122.8 1.5759429
3234.9 3.5897272
3065.15 -5.247457
2943.15 -3.980229
2584 -12.20291
2524.2 -2.314241
2684.6 6.3544886
2697.05 0.4637562
2885.6 6.9909716
3043.85 5.4841281
3142.1 3.22782
2994.95 -4.683174
2892.65 -3.41575
2973 2.7777298
3148.25 5.8947191
2938.65 -6.657667
2848.45 -3.069437
2810.35 -1.33757
2799.55 -0.384294
2683.15 -4.157811
2635 -1.794533
2553.15 -3.106262
2693.45 5.4951726
2708.25 0.5494811
2654 -2.003139
2752.25 3.7019593
2755.1 0.1035516
2682.9 -2.620595
2657.8 -0.935555
2656.45 -0.050794
2788 4.9520977
2714.4 -2.639885
2784 2.5641026
2928.25 5.1813937
2920.15 -0.276616
2921.35 0.0410938
2981.2 2.0487104
3041.75 2.0310613
2954.35 -2.873346
3060.75 3.601469
3077.5 0.5472515
3039.3 -1.241267
2968.65 -2.324548
2916.85 -1.744901
2857.25 -2.0433
2922.2 2.2731648
2979.5 1.9608514
2959.15 -0.683001
3033.45 2.5108562
3046.75 0.4384447
3121.45 2.4517929
3112.8 -0.277115
2920.4 -6.18093
2873 -1.623065
2773.1 -3.477202
2744.95 -1.015109
2835.3 3.2914989
2736.7 -3.477586
2828.45 3.3525779
2846.2 0.6275522
2796.6 -1.742674
2706.15 -3.234284
2713.8 0.2826894
2678.55 -1.298917
2771.35 3.464561
2849.5 2.8199253
2823.95 -0.896649
2874.8 1.8006693
2766.65 -3.762001
2783.9 0.6234977
2803.05 0.6878839
2780.05 -0.820535
2843.1 2.2679448
2919.9 2.7012768
2934.5 0.5000171
2925.7 -0.299881
2893.05 -1.115972
2948.35 1.9114775
2848.5 -3.38664
2770.5 -2.738283
2776.15 0.2039343
2789.35 0.4754786
2736.45 -1.896499
2733.9 -0.093186
2762.5 1.0461246
2785.65 0.838009
2763.65 -0.789762
2674.6 -3.222188
2622.4 -1.951694
2645.2 0.8694326
2576.7 -2.589596
2620.15 1.6862654
2573.15 -1.79379
2617.45 1.7216252
2719.25 3.8892816
2777.25 2.1329411
2757.45 -0.712935
2794.7 1.3508858
2807.15 0.4454861
2807.05 -0.003562
2939.9 4.7327265
2938.7 -0.040818
2984.35 1.553408
3082.25 3.2804463
3108.65 0.8565172
2978.15 -4.197964
3020.95 1.4371338
3060.35 1.3042255
3211.05 4.9242734
3256.6 1.4185391
3342.95 2.6515384
3342.05 -0.026922
3382.6 1.2133271
3484.15 3.0021285
3369.5 -3.290616
3384.4 0.4422021
3377.1 -0.215696
3365.3 -0.349412
3330.3 -1.040026
3423.7 2.8045521
3480.75 1.6663259
3470 -0.308841
3362.35 -3.102305
3473.95 3.3191072
3654 5.182861
3661.9 0.2162014
3625.05 -1.006308
3683.9 1.6234259
3620.7 -1.715573
3554.6 -1.825614
3681.1 3.5587689
3635.25 -1.245552
3593.45 -1.149852
3671.65 2.1761817
4323.15 17.744066
4318.45 -0.108717
4270.3 -1.114983
4210.9 -1.391003
4238.5 0.6554418
4237.55 -0.022414
4116.7 -2.851884
4276.05 3.8708189
4337.1 1.4277195
4448.95 2.5789122
4529.9 1.8195305
4525.25 -0.102651
4530.7 0.1204353
4572.65 0.9259055
4586.9 0.3116355
4429.9 -3.422791
4550.95 2.7325673
4655.25 2.2918292
4637.7 -0.376994
4583.4 -1.170839
4484 -2.168696
4517.8 0.7537913
4356.15 -3.578069
4251.4 -2.404646
4313.6 1.4630475
4235.25 -1.816348
4247 0.2774334
4292.95 1.0819402
4241.85 -1.190324
4375.5 3.1507479
4390.95 0.3531025
4291.1 -2.273995
4340.9 1.1605416
4348.85 0.1831417
4424.25 1.7337917
4165.7 -5.843928
4202.15 0.875003
4078.9 -2.933022
4080.95 0.0502586
4003.9 -1.888041
3974.05 -0.745523
4111.4 3.4561719
4233.5 2.9697913
4231.4 -0.049604
4374.95 3.3924942
4502.25 2.9097475
4469.1 -0.736299
4398.9 -1.570786
4523.75 2.8382096
4568.55 0.9903288
4572.3 0.0820829
4564.1 -0.179341
4513.5 -1.108652
4571.45 1.283926
4636.45 1.4218683
4711.4 1.6165385
4680.5 -0.655856
 4694.15 0.2916355
4585.5 -2.314583
4481.4 -2.2702
4437.65 -0.976257
4471.35 0.7594109
4457.5 -0.30975
4605 3.3090297
4580.05 -0.541802
4387.9 -4.195369
4458.9 1.6180861
4394.1 -1.453273
4453.45 1.3506748
4528.8 1.6919467
4642.8 2.5172231
4659.35 0.3564659
4680.85 0.4614378
4688.2 0.1570228
4732.35 0.941726
4662.1 -1.484463
SUM 17.114387
AVG 0.0710141
ANNual Exp RET 0.1865894
Date NIFTY SBI
2-Feb-09 2766.65 1271.8
3-Feb-09 2783.9 1291.7
4-Feb-09 2803.05 1288.8
5-Feb-09 2780.05 1316.3 5300
6-Feb-09 2843.1 1331.85 4800
9-Feb-09 2919.9 1360.8
4300
10-Feb-09 2934.5 1322.85
11-Feb-09 2925.7 1240.05 3800
12-Feb-09 2893.05 1285 3300
13-Feb-09 2948.35 1221.1
16-Feb-09 2848.5 1158.9 2800
17-Feb-09 2770.5 1221.5 2300
18-Feb-09 2776.15 1174.9
1800
19-Feb-09 2789.35 1196.9
20-Feb-09 2736.45 1221.5 1300
24-Feb-09 2733.9 1147.25 800
25-Feb-09 2762.5 1164.15 2-Feb-09 2-Mar-09 2-Apr-09 2-May-09
26-Feb-09 2785.65 1146.4
27-Feb-09 2763.65 1112.9
2-Mar-09 2674.6 1081.2 9th FEB: here we see the V Top in the RBI price line, The V
3-Mar-09 2622.4 1090.3
4-Mar-09 2645.2 1083.5 20th FEB - 9th April : Here we ay that the stock is at Supp
range.
5-Mar-09 2576.7 1041.5
6-Mar-09 2620.15 1087.65 1st April-1st June :- Here we see the V Bottom in the stoc
9-Mar-09 2573.15 1085
12-Mar-09 2617.45 1112.45 3rd July- 3-th July : Here we the Head and Shoulders patte
rs.1882.9
13-Mar-09 2719.25 1087
16-Mar-09 2777.25 1099.25 30th JUne- 17th july 09 :-Here we see the Bullish trend in
17-Mar-09 2757.45 1151 highest- i.e from rs 1261 to rs 1906.
18-Mar-09 2794.7 1095.8 2nd June- 2nd July :- here we see a Rectangle formation
19-Mar-09 2807.15 1092.3 rectangle ends in an upward move, this may be called as a
20-Mar-09 2807.05 1096.8
22nd April 09- at this point the price line breaches the Sup
23-Mar-09 2939.9 1094.75
24-Mar-09 2938.7 1118.6
25-Mar-09 2984.35 1147.55
26-Mar-09 3082.25 1164.1
27-Mar-09 3108.65 1158.9
30-Mar-09 2978.15 1159.2
31-Mar-09 3020.95 1195.9
1-Apr-09 3060.35 1193.8
2-Apr-09 3211.05 1136.85
6-Apr-09 3256.6 1098.8
8-Apr-09 3342.95 1115
9-Apr-09 3342.05 1070.9
 13-Apr-09 3382.6 1058.7
15-Apr-09 3484.15 1044.05
16-Apr-09 3369.5 1034.8
17-Apr-09 3384.4 1027.8
20-Apr-09 3377.1 1036.6
21-Apr-09 3365.3 1023.05
22-Apr-09 3330.3 1025.3
23-Apr-09 3423.7 1080
24-Apr-09 3480.75 994.5
27-Apr-09 3470 974.35
28-Apr-09 3362.35 956.95
29-Apr-09 3473.95 934.35
4-May-09 3654 941.1
5-May-09 3661.9 895.3
6-May-09 3625.05 911.25
7-May-09 3683.9 953.05
8-May-09 3620.7 987.05
11-May-09 3554.6 950.05
12-May-09 3681.1 960.3
13-May-09 3635.25 968.7
14-May-09 3593.45 954.7
15-May-09 3671.65 1023.55
18-May-09 4323.15 1032.25
19-May-09 4318.45 1049.95
20-May-09 4270.3 1095.5
21-May-09 4210.9 1124.3
22-May-09 4238.5 1022.35
25-May-09 4237.55 1067.1
26-May-09 4116.7 1077.45
27-May-09 4276.05 1147.05
28-May-09 4337.1 1124.75
29-May-09 4448.95 1123.75
1-Jun-09 4529.9 1140.3
2-Jun-09 4525.25 1217.9
3-Jun-09 4530.7 1294.8
4-Jun-09 4572.65 1260.85
5-Jun-09 4586.9 1304.8
8-Jun-09 4429.9 1294.65
9-Jun-09 4550.95 1253.8
10-Jun-09 4655.25 1231.35
11-Jun-09 4637.7 1265.95
12-Jun-09 4583.4 1311.15
15-Jun-09 4484 1278.2
16-Jun-09 4517.8 1235.6
17-Jun-09 4356.15 1278.6
18-Jun-09 4251.4 1366.25
19-Jun-09 4313.6 1345.2
22-Jun-09 4235.25 1322.45
23-Jun-09 4247 1369.5
24-Jun-09 4292.95 1324.55
25-Jun-09 4241.85 1258.2
26-Jun-09 4375.5 1295.15
29-Jun-09 4390.95 1261.4
30-Jun-09 4291.1 1267.35
1-Jul-09 4340.9 1313.5
2-Jul-09 4348.85 1576.55
3-Jul-09 4424.25 1753.95
6-Jul-09 4165.7 1781.15
7-Jul-09 4202.15 1712.2
8-Jul-09 4078.9 1732
9-Jul-09 4080.95 1722.35
10-Jul-09 4003.9 1689.45
13-Jul-09 3974.05 1792.9
14-Jul-09 4111.4 1829.55
15-Jul-09 4233.5 1868.85
16-Jul-09 4231.4 1876.75
17-Jul-09 4374.95 1906.9
20-Jul-09 4502.25 1879.55
21-Jul-09 4469.1 1882.9
22-Jul-09 4398.9 1817.65
23-Jul-09 4523.75 1695.95
24-Jul-09 4568.55 1763.6
27-Jul-09 4572.3 1756.75
28-Jul-09 4564.1 1693.5
29-Jul-09 4513.5 1634.6
30-Jul-09 4571.45 1641.9
31-Jul-09 4636.45 1714.35
3-Aug-09 4711.4 1662.35
4-Aug-09 4680.5 1703.3
5-Aug-09 4694.15 1724.6
6-Aug-09 4585.5 1695.4
7-Aug-09 4481.4 1707.95
10-Aug-09 4437.65 1716.75
11-Aug-09 4471.35 1704
12-Aug-09 4457.5 1730
13-Aug-09 4605 1749.25
14-Aug-09 4580.05 1765.15
17-Aug-09 4387.9 1745.3
18-Aug-09 4458.9 1779.55
19-Aug-09 4394.1 1759.45
20-Aug-09 4453.45 1809.65
21-Aug-09 4528.8 1653.5
24-Aug-09 4642.8 1636.35
25-Aug-09 4659.35 1580.7
26-Aug-09 4680.85 1604.05
27-Aug-09 4688.2 1543.65
28-Aug-09 4732.35 1546.55
31-Aug-09 4662.1 1582.6
 2000

1800

1600

NIFTY
1400
SBI
Linear (SBI)
1200

1000

800
2-Apr-09 2-May-09 2-Jun-09 2-Jul-09 2-Aug-09

p in the RBI price line, The V top point being on 9th feb at rs 1360

ay that the stock is at Support level.In this period the stock prices are moreover remaining in a certain

e the V Bottom in the stock price line. The V bottom point being 6th may, price being rs.911 1st july- 1st

e Head and Shoulders pattern in the stock. Head date being 17th July and corrosponding value being

we see the Bullish trend in the stock line. The prices in this range move from the lowest point to the
906.

ee a Rectangle formation in the price line with similar tops and bottoms hitting succesively. Since this
ove, this may be called as a BUY point.

price line breaches the Support level ans hence may ber termed as the SELL point
Series Date Open Price High Price Low Price Close Price
EQ 4-Aug-09 1,870.00 1,888.00 1,836.30 1,857.45
EQ 5-Aug-09 1,855.05 1,873.70 1,830.25 1,843.55
EQ 6-Aug-09 1,843.00 1,855.00 1,789.00 1,796.65
EQ 7-Aug-09 1,770.70 1,800.00 1,720.00 1,743.30
EQ 10-Aug-09 1,797.35 1,797.35 1,700.00 1,710.95
EQ 11-Aug-09 1,716.00 1,755.00 1,705.65 1,729.25
EQ 12-Aug-09 1,709.15 1,719.90 1,671.35 1,702.75
EQ 13-Aug-09 1,740.00 1,810.00 1,725.60 1,797.60
EQ 14-Aug-09 1,805.00 1,814.90 1,781.00 1,800.75
EQ 17-Aug-09 1,772.55 1,781.50 1,705.55 1,713.45
EQ 18-Aug-09 1,713.45 1,760.00 1,708.10 1,734.45
EQ 19-Aug-09 1,736.00 1,747.40 1,670.00 1,691.10
EQ 20-Aug-09 1,710.00 1,765.00 1,709.90 1,753.15
EQ 21-Aug-09 1,746.00 1,783.10 1,720.45 1,775.85
EQ 24-Aug-09 1,790.00 1,815.00 1,778.90 1,790.20
EQ 25-Aug-09 1,779.00 1,781.55 1,741.00 1,747.60
EQ 26-Aug-09 1,772.70 1,772.70 1,733.15 1,739.70
EQ 27-Aug-09 1,740.00 1,769.00 1,722.00 1,753.80
EQ 28-Aug-09 1,799.00 1,799.00 1,760.00 1,781.75
EQ 31-Aug-09 1,765.00 1,773.80 1,736.00 1,742.90
EQ 1-Sep-09 1,761.00 1,781.00 1,726.00 1,733.20
EQ 2-Sep-09 1,731.00 1,750.00 1,715.00 1,734.40
EQ 3-Sep-09 1,749.00 1,756.90 1,737.20 1,747.00
EQ 4-Sep-09 1,752.30 1,774.05 1,743.10 1,762.45
EQ 7-Sep-09 1,772.60 1,821.90 1,771.00 1,813.35
 30

25

20

15

10

0
4-Aug-09 11-Aug-09 18-Aug-09 25-Aug-09 1-Sep-09

on11th aug as the upper shadow is bigger we can say that the days high was not close to that day
on12th aug as the lower shadow is bigger we can say that the days low was not close to that day
on 25 aug as the upper shadow is smaller we can say that the days high was closer to the days clo
on 10th aug it can be said to be a long black line as the days high was close to the days open and
of that days open and close is large. So it can be said as a bearish trend in the market place.
on 13th aug it can be said to be a long white line as the days high is close to the days close and th
between the open and close is wide.it can be said as a bullish trend in the market.
on 25th aug it can be said to be spinning tops as there was a very tight range of the days open a
on 10th aug & 26th aug candle stick can be said as hammer as the stock opened at a lower price
open price rice.
from 20th to 7th aug can be said to be bullish trend which occurs in a downtrend when the buye
engulfing the small black real body.
on 18th aug & 27th aug it can be said as HARAMI- BULLISH as that days real body is completely in
 Close Price

1-Sep-09

high was not close to that days open

low was not close to that days close
high was closer to the days close
was close to the days open and days low is closer to the days close and also the range
rend in the market place.
s close to the days close and the days low is close to the days open and the range
d in the market.
tight range of the days open and close.
stock opened at a lower price and it dropped throughout the day to come back to its

n a downtrend when the buyers outnumber the sellers and a long white real body is

days real body is completely inside the previous days real body.
 Date SBI 50 Day SMA 100 Day SMA
2-Feb-09 1271.8
3-Feb-09 1291.7
4-Feb-09 1288.8
5-Feb-09 1316.3
6-Feb-09 1331.85
9-Feb-09 1360.8
10-Feb-09 1322.85
11-Feb-09 1240.05
12-Feb-09 1285
13-Feb-09 1221.1
16-Feb-09 1158.9
17-Feb-09 1221.5
18-Feb-09 1174.9
19-Feb-09 1196.9
20-Feb-09 1221.5
24-Feb-09 1147.25
25-Feb-09 1164.15
26-Feb-09 1146.4
27-Feb-09 1112.9
2-Mar-09 1081.2
3-Mar-09 1090.3
4-Mar-09 1083.5
5-Mar-09 1041.5
6-Mar-09 1087.65
9-Mar-09 1085
12-Mar-09 1112.45
13-Mar-09 1087
16-Mar-09 1099.25
17-Mar-09 1151
18-Mar-09 1095.8
19-Mar-09 1092.3
20-Mar-09 1096.8
23-Mar-09 1094.75
24-Mar-09 1118.6
25-Mar-09 1147.55
26-Mar-09 1164.1
27-Mar-09 1158.9
30-Mar-09 1159.2
31-Mar-09 1195.9
1-Apr-09 1193.8
2-Apr-09 1136.85
6-Apr-09 1098.8
8-Apr-09 1115
9-Apr-09 1070.9
13-Apr-09 1058.7
15-Apr-09 1044.05
16-Apr-09 1034.8
17-Apr-09 1027.8
20-Apr-09 1036.6
21-Apr-09 1023.05 1151.155
22-Apr-09 1025.3 1146.225
23-Apr-09 1080 1141.991
24-Apr-09 994.5 1136.105
27-Apr-09 974.35 1129.266
28-Apr-09 956.95 1121.768
29-Apr-09 934.35 1113.239
4-May-09 941.1 1105.604
5-May-09 895.3 1098.709
6-May-09 911.25 1091.234
7-May-09 953.05 1085.873
8-May-09 987.05 1082.436
11-May-09 950.05 1077.007
12-May-09 960.3 1072.715
13-May-09 968.7 1068.151
14-May-09 954.7 1062.815
15-May-09 1023.55 1060.341
18-May-09 1032.25 1057.703
19-May-09 1049.95 1055.774
20-May-09 1095.5 1055.426
21-May-09 1124.3 1056.288
22-May-09 1022.35 1054.929
25-May-09 1067.1 1054.601
26-May-09 1077.45 1055.32
27-May-09 1147.05 1056.508
28-May-09 1124.75 1057.303
29-May-09 1123.75 1057.529
1-Jun-09 1140.3 1058.595
2-Jun-09 1217.9 1060.968
3-Jun-09 1294.8 1063.844
4-Jun-09 1260.85 1067.145
5-Jun-09 1304.8 1071.395
8-Jun-09 1294.65 1075.352
9-Jun-09 1253.8 1078.533
10-Jun-09 1231.35 1080.788
11-Jun-09 1265.95 1083.156
12-Jun-09 1311.15 1086.097
15-Jun-09 1278.2 1088.483
16-Jun-09 1235.6 1090.011
17-Jun-09 1278.6 1091.665
18-Jun-09 1366.25 1095.114
19-Jun-09 1345.2 1099.281
22-Jun-09 1322.45 1103.754
23-Jun-09 1369.5 1108.844
24-Jun-09 1324.55 1113.917
25-Jun-09 1258.2 1117.907
26-Jun-09 1295.15 1122.929
29-Jun-09 1261.4 1127.461
30-Jun-09 1267.35 1132.252
1-Jul-09 1313.5 1137.79
Date SBI 50 Day MVA 100 Day MVA
2-Jul-09 1576.55 1148.86 1150.0075 2000
3-Jul-09 1753.95 1163.433 1154.829
6-Jul-09 1781.15 1177.456 1159.7235
7-Jul-09 1712.2 1191.81 1163.9575 1800
8-Jul-09 1732 1206.963 1168.1145
9-Jul-09 1722.35 1222.271 1172.0195 1600
10-Jul-09 1689.45 1237.373 1175.306
13-Jul-09 1792.9 1254.409 1180.0065
14-Jul-09 1829.55 1273.094 1185.9015 1400
15-Jul-09 1868.85 1292.246 1191.74
16-Jul-09 1876.75 1310.72 1198.2965
1200
17-Jul-09 1906.9 1329.117 1205.7765
20-Jul-09 1879.55 1347.707 1212.357
21-Jul-09 1882.9 1366.159 1219.437 1000
22-Jul-09 1817.65 1383.138 1225.6445
23-Jul-09 1695.95 1397.963 1230.389
800
24-Jul-09 1763.6 1412.764 1236.5525
2-Jul-09
27-Jul-09 1756.75 1427.254 1242.4785
28-Jul-09 1693.5 1440.125 1247.9495
29-Jul-09 1634.6 1450.907 1253.1665 Here when SML line is moving up and the
30-Jul-09 1641.9 1461.259 1258.7735 We can say the stock is in UPTREND.
When SMA line is moving down and the pr
31-Jul-09 1714.35 1475.099 1265.014 may say that the stock is in Downtrend.
3-Aug-09 1662.35 1487.004 1270.8025 Here we have 2 SMA's. And when the Shor
4-Aug-09 1703.3 1499.521 1277.4205 upward trend and vice versa.
Where the price line breaches the 50 day S
5-Aug-09 1724.6 1511.072 1283.79 Where the price line breaches the 100 Day
6-Aug-09 1695.4 1522.485 1289.894
7-Aug-09 1707.95 1534.169 1295.849
10-Aug-09 1716.75 1545.698 1302.1465
11-Aug-09 1704 1555.42 1308.194
12-Aug-09 1730 1564.124 1313.984
13-Aug-09 1749.25 1573.892 1320.5185
14-Aug-09 1765.15 1583.099 1327.247
17-Aug-09 1745.3 1592.112 1333.732
18-Aug-09 1779.55 1602.627 1340.58
19-Aug-09 1759.45 1613.189 1346.9885
20-Aug-09 1809.65 1624.063 1353.6095
21-Aug-09 1653.5 1630.91 1358.5035
24-Aug-09 1636.35 1638.073 1363.278
25-Aug-09 1580.7 1644.975 1367.493
26-Aug-09 1604.05 1651.484 1371.5745
27-Aug-09 1543.65 1655.032 1375.073
28-Aug-09 1546.55 1659.059 1379.17
31-Aug-09 1582.6 1664.262 1384.008
 SBI
50 Day MVA
100 Day MVA

2-Aug-09

ne is moving up and the prices are above the SMA line (50 day) (as we can see from 2nd JULY to 21st Aug,
ck is in UPTREND.
moving down and the prices are below the SMA line,50 day, (as we can see from 25th Aug onwards, we
ock is in Downtrend.
MA's. And when the Short term SMA (50 Day) is above the Longer term SMA (100 day), it indicates an
vice versa.
ne breaches the 50 day SMA line, it indicates a BUY/SELL signal. 24th Aug is a SELL signal
ne breaches the 100 Day SMA line followed by a breach of 50 Day SMA line, it indicates a TREND Reversal.
 Date SBI 50 Day SMA Current day EMA
2-Feb-09 1271.8
3-Feb-09 1291.7
4-Feb-09 1288.8 2000
5-Feb-09 1316.3
6-Feb-09 1331.85
1800
9-Feb-09 1360.8
10-Feb-09 1322.85
11-Feb-09 1240.05 1600
12-Feb-09 1285
13-Feb-09 1221.1
1400
16-Feb-09 1158.9
17-Feb-09 1221.5
18-Feb-09 1174.9 1200
19-Feb-09 1196.9
20-Feb-09 1221.5
1000
24-Feb-09 1147.25
25-Feb-09 1164.15
26-Feb-09 1146.4 800
27-Feb-09 1112.9 22-Apr-09 22-May-09 22-Jun-09 22-Jul-09
2-Mar-09 1081.2
3-Mar-09 1090.3
4-Mar-09 1083.5
5-Mar-09 1041.5 Here, EMA line responds to price changes earlier than the SMA line,
6-Mar-09 1087.65
When SMA & EMA are moving up and the price is above these (as fr
9-Mar-09 1085
12-Mar-09 1112.45 When SMA & EMA are moving down and the price is below these (a
13-Mar-09 1087
Again when Price crosses the EMA line and further moves to cross th
16-Mar-09 1099.25 trend reversal from 24 August onwards.
17-Mar-09 1151 Where thr price line breaches both the EMA & 50 Day SMA , it indica
18-Mar-09 1095.8 A sELL SIGNAL.
19-Mar-09 1092.3
20-Mar-09 1096.8
23-Mar-09 1094.75
24-Mar-09 1118.6
25-Mar-09 1147.55
26-Mar-09 1164.1
27-Mar-09 1158.9
30-Mar-09 1159.2
31-Mar-09 1195.9
1-Apr-09 1193.8
2-Apr-09 1136.85
6-Apr-09 1098.8
8-Apr-09 1115
9-Apr-09 1070.9
13-Apr-09 1058.7
15-Apr-09 1044.05
16-Apr-09 1034.8
17-Apr-09 1027.8
20-Apr-09 1036.6
21-Apr-09 1023.05 1151.155
Date SBI 50 Day SmA Current day EMA
22-Apr-09 1025.3 1146.225 1146.1208
23-Apr-09 1080 1141.991 1143.576
24-Apr-09 994.5 1136.105 1136.09136
27-Apr-09 974.35 1129.266 1129.6348
28-Apr-09 956.95 1121.768 1122.37336
29-Apr-09 934.35 1113.239 1114.27128
4-May-09 941.1 1105.604 1106.35344
5-May-09 895.3 1098.709 1097.19184
6-May-09 911.25 1091.234 1091.21064
7-May-09 953.05 1085.873 1085.70664
8-May-09 987.05 1082.436 1081.92008
11-May-09 950.05 1077.007 1077.14056
12-May-09 960.3 1072.715 1072.33872
13-May-09 968.7 1068.151 1068.5544
14-May-09 954.7 1062.815 1063.61296
15-May-09 1023.55 1060.341 1061.2444
18-May-09 1032.25 1057.703 1059.21736
19-May-09 1049.95 1055.774 1057.39288
20-May-09 1095.5 1055.426 1057.36304
21-May-09 1124.3 1056.288 1058.18096
22-May-09 1022.35 1054.929 1054.93048
25-May-09 1067.1 1054.601 1055.41584
26-May-09 1077.45 1055.32 1055.51496
27-May-09 1147.05 1056.508 1058.9892
28-May-09 1124.75 1057.303 1059.23768
29-May-09 1123.75 1057.529 1059.96088
1-Jun-09 1140.3 1058.595 1060.83984
2-Jun-09 1217.9 1060.968 1064.9672
3-Jun-09 1294.8 1063.844 1070.32128
4-Jun-09 1260.85 1067.145 1071.72424
5-Jun-09 1304.8 1071.395 1076.6512
8-Jun-09 1294.65 1075.352 1080.3252
9-Jun-09 1253.8 1078.533 1082.48992
10-Jun-09 1231.35 1080.788 1084.64568
11-Jun-09 1265.95 1083.156 1088.19448
12-Jun-09 1311.15 1086.097 1092.27576
15-Jun-09 1278.2 1088.483 1093.78112
16-Jun-09 1235.6 1090.011 1094.36768
17-Jun-09 1278.6 1091.665 1097.55456
18-Jun-09 1366.25 1095.114 1102.6484
19-Jun-09 1345.2 1099.281 1105.11744
22-Jun-09 1322.45 1103.754 1108.20776
23-Jun-09 1369.5 1108.844 1114.38384
24-Jun-09 1324.55 1113.917 1117.47224
25-Jun-09 1258.2 1117.907 1119.68832
26-Jun-09 1295.15 1122.929 1124.99672
29-Jun-09 1261.4 1127.461 1128.46784
30-Jun-09 1267.35 1132.252 1133.05656
1-Jul-09 1313.5 1137.79 1139.50192
2-Jul-09 1576.55 1148.86 1155.3404
3-Jul-09 1753.95 1163.433 1173.0636
6-Jul-09 1781.15 1177.456 1188.14168
7-Jul-09 1712.2 1191.81 1198.84576
8-Jul-09 1732 1206.963 1213.4176
9-Jul-09 1722.35 1222.271 1227.57848
10-Jul-09 1689.45 1237.373 1240.95816
13-Jul-09 1792.9 1254.409 1259.59408
14-Jul-09 1829.55 1273.094 1277.41464
15-Jul-09 1868.85 1292.246 1296.92424
16-Jul-09 1876.75 1310.72 1315.62616
17-Jul-09 1906.9 1329.117 1334.5672
20-Jul-09 1879.55 1347.707 1351.13432
21-Jul-09 1882.9 1366.159 1369.11472
22-Jul-09 1817.65 1383.138 1384.21864
23-Jul-09 1695.95 1397.963 1395.65048
24-Jul-09 1763.6 1412.764 1412.58848
27-Jul-09 1756.75 1427.254 1426.52344
28-Jul-09 1693.5 1440.125 1437.90384
29-Jul-09 1634.6 1450.907 1447.904
30-Jul-09 1641.9 1461.259 1458.54672
31-Jul-09 1714.35 1475.099 1471.38264
3-Aug-09 1662.35 1487.004 1482.58904
4-Aug-09 1703.3 1499.521 1495.65584
5-Aug-09 1724.6 1511.072 1508.52416
6-Aug-09 1695.4 1522.485 1518.44512
7-Aug-09 1707.95 1534.169 1529.9036
10-Aug-09 1716.75 1545.698 1541.47224
11-Aug-09 1704 1555.42 1552.03008
12-Aug-09 1730 1564.124 1562.4032
13-Aug-09 1749.25 1573.892 1571.52904
14-Aug-09 1765.15 1583.099 1581.54232
17-Aug-09 1745.3 1592.112 1589.58704
18-Aug-09 1779.55 1602.627 1599.60952
19-Aug-09 1759.45 1613.189 1608.89992
20-Aug-09 1809.65 1624.063 1621.04744
21-Aug-09 1653.5 1630.91 1625.24048
24-Aug-09 1636.35 1638.073 1631.1276
25-Aug-09 1580.7 1644.975 1635.77808
26-Aug-09 1604.05 1651.484 1643.338
27-Aug-09 1543.65 1655.032 1647.17064
28-Aug-09 1546.55 1659.059 1650.69272
31-Aug-09 1582.6 1664.262 1656.00064
 SBI
50 Day SmA
Current day EMA

22-Jun-09 22-Jul-09 22-Aug-09

es earlier than the SMA line, in a way it forecarts the price movement.

he price is above these (as from 22May to 21st August), it is an UPTREND.

nd the price is below these (as between 22nd april 09'- 19th May), it is an Downtrend.

and further moves to cross the SMA, it showa an Trend REVERSAL, here it is an Downward
.
EMA & 50 Day SMA , it indicates a BUY/Sell signal. 25th May is a BUY signal and 24TH aUG IS
Series Close Price High Price Low Price 5 DAY low 5 Day high Date %K
EQ 1,857.45 1,888.00 1,836.30 4-Aug-09
EQ 1,843.55 1,873.70 1,830.25 5-Aug-09
EQ 1,796.65 1,855.00 1,789.00 6-Aug-09
EQ 1,743.30 1,800.00 1,720.00 7-Aug-09
EQ 1,710.95 1,797.35 1,700.00 1,700.00 1,888.00 10-Aug-09 5.82
EQ 1,729.25 1,755.00 1,705.65 1,700.00 1,873.70 11-Aug-09 16.84
Date %K
EQ 1,702.75 1,719.90 1,671.35 1,671.35 1,855.00 12-Aug-09 17.10
EQ 1,797.60 1,810.00 1,725.60 1,671.35 1,810.00 13-Aug-09 91.06
EQ 1,800.75 1,814.90 1,781.00 1,671.35 1,814.90 14-Aug-09 90.14
EQ 1,713.45 1,781.50 1,705.55 1,671.35 1,814.90 17-Aug-09 29.33
EQ 1,734.45 1,760.00 1,708.10 1,671.35 1,814.90 18-Aug-09 43.96
EQ 1,691.10 1,747.40 1,670.00 1,670.00 1,814.90 19-Aug-09 14.56
EQ 1,753.15 1,765.00 1,709.90 1,670.00 1,814.90 20-Aug-09 57.38
EQ 1,775.85 1,783.10 1,720.45 1,670.00 1,783.10 21-Aug-09 93.59
EQ 1,790.20 1,815.00 1,778.90 1,670.00 1,815.00 24-Aug-09 82.90
EQ 1,747.60 1,781.55 1,741.00 1,670.00 1,815.00 25-Aug-09 53.52
EQ 1,739.70 1,772.70 1,733.15 1,709.90 1,815.00 26-Aug-09 28.35
EQ 1,753.80 1,769.00 1,722.00 1,720.45 1,815.00 27-Aug-09 35.27
EQ 1,781.75 1,799.00 1,760.00 1,722.00 1,815.00 28-Aug-09 64.25
EQ 1,742.90 1,773.80 1,736.00 1,722.00 1,799.00 31-Aug-09 27.14
EQ 1,733.20 1,781.00 1,726.00 1,722.00 1,799.00 1-Sep-09 14.55
EQ 1,734.40 1,750.00 1,715.00 1,715.00 1,799.00 2-Sep-09 23.10
EQ 1,747.00 1,756.90 1,737.20 1,715.00 1,799.00 3-Sep-09 38.10
EQ 1,762.45 1,774.05 1,743.10 1,715.00 1,781.00 4-Sep-09 71.89
EQ 1,813.35 1,821.90 1,771.00 1,715.00 1,821.90 7-Sep-09 92.00
 %D

100.00
90.00
80.00
70.00
%D
60.00
11.33
50.00
16.97
40.00
54.08
90.60 30.00
59.74 20.00
36.64 10.00
29.26 0.00
35.97 9 09 09 09 09 09 09 09 09 09 09 09
-0 g- g- g- g- g- g- g- g- g- p- p-
A ug u u u u u u u u u Se Se
75.49 2- -A -A -A -A -A -A -A -A -A 1- 3- 5
1 14 16 18 20 22 24 26 28 30
88.24
68.21
40.94
Stochastics level of 80 and above represent OVER BOUGHT
31.81
49.76 Stochastics level of 20 and below represent OVER SOLD
45.70 Where the %K line cuts the %D line from above it indicates a SELL signal and vice versa.
20.84
18.82
30.60
54.99
 %K
%D

09 -0
9 09 -0
9 09 09
ug- ug ep- ep ep- ep-
A
0-
A 1 -S 3 -S 5 -S 7 -S
3

and vice versa.

 ABSOLUTE
No. of VALUES
securities UNCHANG OF(A/U)-
Date traded Advances Declines ED A/U D/U (A/U)-(D/U) (D/U) Date
2-Feb-09 1238 333 862 43 7.74 20.05 -12.30 12.30 2-Feb-09
3-Feb-09 1234 476 707 51 9.33 13.86 -4.53 4.53 3-Feb-09
4-Feb-09 1233 545 632 56 9.73 11.29 -1.55 1.55 4-Feb-09
5-Feb-09 1234 402 775 57 7.05 13.60 -6.54 6.54 5-Feb-09
6-Feb-09 1255 784 400 71 11.04 5.63 5.41 5.41 6-Feb-09
9-Feb-09 1234 818 365 51 16.04 7.16 8.88 8.88 9-Feb-09
10-Feb-09 1240 664 516 60 11.07 8.60 2.47 2.47 10-Feb-09
11-Feb-09 1232 603 566 63 9.57 8.98 0.59 0.59 11-Feb-09
12-Feb-09 1240 629 554 57 11.04 9.72 1.32 1.32 12-Feb-09
13-Feb-09 1243 766 418 59 12.98 7.08 5.90 5.90 13-Feb-09
16-Feb-09 1236 236 961 39 6.05 24.64 -18.59 18.59 16-Feb-09
17-Feb-09 1230 208 979 43 4.84 22.77 -17.93 17.93 17-Feb-09
18-Feb-09 1229 457 711 61 7.49 11.66 -4.16 4.16 18-Feb-09
19-Feb-09 1230 502 654 74 6.78 8.84 -2.05 2.05 19-Feb-09
20-Feb-09 1239 251 955 33 7.61 28.94 -21.33 21.33 20-Feb-09
24-Feb-09 1237 315 879 43 7.33 20.44 -13.12 13.12 24-Feb-09
25-Feb-09 1234 636 532 66 9.64 8.06 1.58 1.58 25-Feb-09
26-Feb-09 1224 440 706 78 5.64 9.05 -3.41 3.41 26-Feb-09
27-Feb-09 1230 478 680 72 6.64 9.44 -2.81 2.81 27-Feb-09
2-Mar-09 1236 273 923 40 6.83 23.08 -16.25 16.25 2-Mar-09
3-Mar-09 1233 309 875 49 6.31 17.86 -11.55 11.55 3-Mar-09
4-Mar-09 1248 466 715 67 6.96 10.67 -3.72 3.72 4-Mar-09
5-Mar-09 1234 254 928 52 4.88 17.85 -12.96 12.96 5-Mar-09
6-Mar-09 1245 481 709 55 8.75 12.89 -4.15 4.15 6-Mar-09
9-Mar-09 1247 318 878 51 6.24 17.22 -10.98 10.98 9-Mar-09
12-Mar-09 1248 642 548 58 11.07 9.45 1.62 1.62 12-Mar-09
13-Mar-09 1245 886 292 67 13.22 4.36 8.87 8.87 13-Mar-09
16-Mar-09 1255 878 312 65 13.51 4.80 8.71 8.71 16-Mar-09
17-Mar-09 1238 607 571 60 10.12 9.52 0.60 0.60 17-Mar-09
18-Mar-09 1252 850 352 50 17.00 7.04 9.96 9.96 18-Mar-09
19-Mar-09 1247 730 468 49 14.90 9.55 5.35 5.35 19-Mar-09
20-Mar-09 1246 572 606 68 8.41 8.91 -0.50 0.50 20-Mar-09
23-Mar-09 1261 900 302 59 15.25 5.12 10.14 10.14 23-Mar-09
24-Mar-09 1267 494 718 55 8.98 13.05 -4.07 4.07 24-Mar-09
25-Mar-09 1245 630 559 56 11.25 9.98 1.27 1.27 25-Mar-09
26-Mar-09 1265 734 471 60 12.23 7.85 4.38 4.38 26-Mar-09
27-Mar-09 1261 851 358 52 16.37 6.88 9.48 9.48 27-Mar-09
30-Mar-09 1242 377 814 51 7.39 15.96 -8.57 8.57 30-Mar-09
31-Mar-09 1246 825 361 60 13.75 6.02 7.73 7.73 31-Mar-09
1-Apr-09 1246 949 263 34 27.91 7.74 20.18 20.18 1-Apr-09
2-Apr-09 1269 1061 170 38 27.92 4.47 23.45 23.45 2-Apr-09
6-Apr-09 1260 967 249 44 21.98 5.66 16.32 16.32 6-Apr-09
8-Apr-09 1268 1066 181 21 50.76 8.62 42.14 42.14 8-Apr-09
9-Apr-09 1273 825 411 37 22.30 11.11 11.19 11.19 9-Apr-09
13-Apr-09 1270 1051 196 23 45.70 8.52 37.17 37.17 13-Apr-09
15-Apr-09 1278 1110 152 16 69.38 9.50 59.88 59.88 15-Apr-09
16-Apr-09 1280 255 1007 18 14.17 55.94 -41.78 41.78 16-Apr-09
17-Apr-09 1277 607 633 37 16.41 17.11 -0.70 0.70 17-Apr-09
20-Apr-09 1261 709 507 45 15.76 11.27 4.49 4.49 20-Apr-09
21-Apr-09 1266 524 701 41 12.78 17.10 -4.32 4.32 21-Apr-09
22-Apr-09 1248 425 788 35 12.14 22.51 -10.37 10.37 22-Apr-09
23-Apr-09 1257 710 507 40 17.75 12.68 5.08 5.08 23-Apr-09
24-Apr-09 1251 772 439 40 19.30 10.98 8.33 8.33 24-Apr-09
27-Apr-09 1253 496 715 42 11.81 17.02 -5.21 5.21 27-Apr-09
28-Apr-09 1253 168 1059 26 6.46 40.73 -34.27 34.27 28-Apr-09
29-Apr-09 1248 745 445 58 12.84 7.67 5.17 5.17 29-Apr-09
4-May-09 1271 956 273 42 22.76 6.50 16.26 16.26 4-May-09
5-May-09 1271 828 380 63 13.14 6.03 7.11 7.11 5-May-09
6-May-09 1267 496 732 39 12.72 18.77 -6.05 6.05 6-May-09
7-May-09 1271 906 301 64 14.16 4.70 9.45 9.45 7-May-09
8-May-09 1266 566 653 47 12.04 13.89 -1.85 1.85 8-May-09
11-May-09 1260 323 899 38 8.50 23.66 -15.16 15.16 11-May-09
12-May-09 1254 712 495 47 15.15 10.53 4.62 4.62 12-May-09
13-May-09 1256 531 680 45 11.80 15.11 -3.31 3.31 13-May-09
14-May-09 1250 568 631 51 11.14 12.37 -1.24 1.24 14-May-09
15-May-09 1258 761 451 46 16.54 9.80 6.74 6.74 15-May-09
18-May-09 588 578 6 4 144.50 1.50 143.00 143.00 18-May-09
19-May-09 1281 929 331 21 44.24 15.76 28.48 28.48 19-May-09
20-May-09 1281 1166 102 13 89.69 7.85 81.85 81.85 20-May-09
21-May-09 1281 928 342 11 84.36 31.09 53.27 53.27 21-May-09
22-May-09 1287 974 296 17 57.29 17.41 39.88 39.88 22-May-09
25-May-09 1281 1111 157 13 85.46 12.08 73.38 73.38 25-May-09
26-May-09 1286 386 885 15 25.73 59.00 -33.27 33.27 26-May-09
27-May-09 1284 1113 152 19 58.58 8.00 50.58 50.58 27-May-09
28-May-09 1284 679 576 29 23.41 19.86 3.55 3.55 28-May-09
29-May-09 1291 989 283 19 52.05 14.89 37.16 37.16 29-May-09
1-Jun-09 1283 1002 263 18 55.67 14.61 41.06 41.06 1-Jun-09
2-Jun-09 1287 615 648 24 25.63 27.00 -1.38 1.38 2-Jun-09
3-Jun-09 1290 883 378 29 30.45 13.03 17.41 17.41 3-Jun-09
4-Jun-09 1290 940 329 21 44.76 15.67 29.10 29.10 4-Jun-09
5-Jun-09 1288 604 668 16 37.75 41.75 -4.00 4.00 5-Jun-09
8-Jun-09 1289 110 1167 12 9.17 97.25 -88.08 88.08 8-Jun-09
9-Jun-09 1283 702 562 19 36.95 29.58 7.37 7.37 9-Jun-09
10-Jun-09 1290 575 692 23 25.00 30.09 -5.09 5.09 10-Jun-09
11-Jun-09 1285 409 850 26 15.73 32.69 -16.96 16.96 11-Jun-09
12-Jun-09 1285 224 1036 25 8.96 41.44 -32.48 32.48 12-Jun-09
15-Jun-09 1270 251 998 21 11.95 47.52 -35.57 35.57 15-Jun-09
16-Jun-09 1277 848 398 31 27.35 12.84 14.52 14.52 16-Jun-09
17-Jun-09 1278 190 1070 18 10.56 59.44 -48.89 48.89 17-Jun-09
18-Jun-09 1271 148 1105 18 8.22 61.39 -53.17 53.17 18-Jun-09
19-Jun-09 1268 679 567 22 30.86 25.77 5.09 5.09 19-Jun-09
22-Jun-09 1262 474 744 44 10.77 16.91 -6.14 6.14 22-Jun-09
23-Jun-09 1259 511 721 27 18.93 26.70 -7.78 7.78 23-Jun-09
24-Jun-09 1265 963 281 21 45.86 13.38 32.48 32.48 24-Jun-09
25-Jun-09 1299 625 608 66 9.47 9.21 0.26 0.26 25-Jun-09
26-Jun-09 1274 877 354 43 20.40 8.23 12.16 12.16 26-Jun-09
29-Jun-09 1268 837 396 35 23.91 11.31 12.60 12.60 29-Jun-09
30-Jun-09 1256 210 1023 23 9.13 44.48 -35.35 35.35 30-Jun-09
1-Jul-09 1261 599 618 44 13.61 14.05 -0.43 0.43 1-Jul-09
2-Jul-09 1262 700 513 49 14.29 10.47 3.82 3.82 2-Jul-09
3-Jul-09 1267 625 597 45 13.89 13.27 0.62 0.62 3-Jul-09
6-Jul-09 1262 131 1107 24 5.46 46.13 -40.67 40.67 6-Jul-09
7-Jul-09 1262 498 734 30 16.60 24.47 -7.87 7.87 7-Jul-09
8-Jul-09 1265 173 1078 14 12.36 77.00 -64.64 64.64 8-Jul-09
9-Jul-09 1254 514 699 41 12.54 14.00
17.05 -4.51 4.51 9-Jul-09
10-Jul-09 1269 322 914 33 9.76 27.70 -17.94 17.94 10-Jul-09
12.00
13-Jul-09 1265 204 1041 20 10.20 52.05 -41.85 41.85 13-Jul-09
14-Jul-09 1253 1069 167 17 62.88 9.82 53.06 53.06 14-Jul-09
10.00
15-Jul-09 1267 1117 133 17 65.71 7.82 57.88 57.88 15-Jul-09
16-Jul-09 1265 703 517 45 15.62 11.49
8.00 4.13 4.13 16-Jul-09
17-Jul-09 1282 994 261 27 36.81 9.67 27.15 27.15 17-Jul-09
20-Jul-09 1282 929 308 45 20.64 6.84
6.00 13.80 13.80 20-Jul-09
21-Jul-09 1275 571 666 38 15.03 17.53 -2.50 2.50 21-Jul-09
36 13.92 4.00
20.83 -6.92 6.92
22-Jul-09 1287 501 750 22-Jul-09
23-Jul-09 1278 943 289 46 20.50 6.28 14.22 14.22 23-Jul-09
2.00
24-Jul-09 1282 907 344 31 29.26 11.10 18.16 18.16 24-Jul-09
27-Jul-09 1284 832 413 39 21.33 10.59
0.00 10.74 10.74 27-Jul-09
28-Jul-09 1287 829 415 43 19.28 9.65
2-Feb-09 9.632-Apr-09
9.63 28-Jul-09
2-Jun-09
29-Jul-09 1286 413 839 34 12.15 24.68 -12.53 12.53 29-Jul-09
30-Jul-09 1285 705 535 45 15.67 11.89 3.78 3.78 30-Jul-09
31-Jul-09 1288 674 579 35 19.26 16.54 2.71 2.71 31-Jul-09
 Advances and Declines
A-D LINE SBI
3.51 1271.8
2.13 1291.7
1.25 1288.8 A-D LINE
2.56 1316.3
14.00
2.33 1331.85
2.98 1360.8 12.00
1.57 1322.85 10.00
0.77 1240.05
1.15 1285 8.00
2.43 1221.1 6.00
4.31 1158.9
4.00
4.23 1221.5
2.04 1174.9 2.00
1.43 1196.9
0.00
4.62 1221.5 2-Feb-09 2-Mar-09 2-Apr-09 2-May-09 2-Jun-09 2-Jul-09
3.62 1147.25
1.26 1164.15
1.85 1146.4 14.00
1.67 1112.9
12.00
4.03 1081.2
3.40 1090.3 10.00
1.93 1083.5
3.60 1041.5 8.00
2.04 1087.65
3.31 1085 6.00
1.27 1112.45
4.00
2.98 1087
2.95 1099.25 2.00
0.77 1151
3.16 1095.8 0.00
2.31 1092.3 2-Feb-09 2-Mar-09 2-Apr-09 2-May-09 2-Jun-09 2-Jul-09
0.71 1096.8
3.18 1094.75
2.02 1118.6
1.13 1147.55
2.09 1164.1
3.08 1158.9
2.93 1159.2
2.78 1195.9
4.49 1193.8
4.84 1136.85
4.04 1098.8
 6.49 1115
3.35 1070.9
6.10 1058.7
7.74 1044.05
6.46 1034.8
0.84 1027.8
2.12 1036.6
2.08 1023.05
3.22 1025.3
2.25 1080
2.89 994.5
2.28 974.35
5.85 956.95
2.27 934.35
4.03 941.1
2.67 895.3
2.46 911.25
3.07 953.05
1.36 987.05
3.89 950.05
2.15 960.3
1.82 968.7
1.11 954.7
2.60 1023.55
11.96 1032.25
5.34 1049.95
9.05 1095.5
7.30 1124.3
6.32 1022.35
8.57 1067.1
5.77 1077.45
7.11 1147.05
1.88 1124.75
6.10 1123.75
6.41 1140.3
1.17 1217.9
4.17 1294.8
5.39 1260.85
2.00 1304.8
9.39 1294.65
2.71 1253.8
2.26 1231.35
4.12 1265.95
5.70 1311.15
5.96 1278.2
 3.81 1235.6
6.99 1278.6
7.29 1366.25
2.26 1345.2
2.48 1322.45
2.79 1369.5
5.70 1324.55
0.51 1258.2
3.49 1295.15
3.55 1261.4
5.95 1267.35
0.66 1313.5
1.95 1576.55
0.79 1753.95
6.38 1781.15
2.80 1712.2
8.04 1732
2.12 2500
1722.35
4.24 1689.45
6.47 1792.9
2000
7.28 1829.55
7.61 1868.85
2.03 1500
1876.75
5.21 1906.9 A-D LINE
3.71 1879.55 SBI
1000
1.58 1882.9
2.63 1817.65
3.77 500
1695.95
4.26 1763.6
3.28 1756.75
0
2-Jun-09 3.10 1693.5
3.54 1634.6
1.94 1641.9
1.65 1714.35
d Declines

A-D LINE

2-Jun-09 2-Jul-09

2500

2000

1500

A-D LINE
1000 SBI

500

0
2-Jun-09 2-Jul-09
 Moving Average Convergence and Divergence

here in MACD the line drawn at point 0 can be said to be REFERENCE LINE. Which represents the points where the
identical values.

The BLUE bars represents the MACD INDICATOR and the RED line represents SIGNAL line.

The points where the MACD indicator bars crosses the reference line are called POINTS OF CROSSOVERS. The poin
BUY SIGNAL because it is crosing the reference line from below. And point near 7th Sptember is said as a SELL SI
from above.

Also when the MACD indicator moves above the singal line and reference line as near may end it gives a BUY SIGN

When the MACD indicator moves below the signal line and reference line as near December end it gives a SELL SIG
 Divergence

presents the points where the short term and long term EMAs have

L line.

NTS OF CROSSOVERS. The point near April beginning can be said as

Sptember is said as a SELL SIGNAL as it is crossing the reference line

r may end it gives a BUY SIGNAL.

cember end it gives a SELL SIGNAL.

 No. of
securities CUMULATI
Date traded Advances Declines NET Date VE AD SBI
1-Apr-09 1246 949 263 686 1-Apr-09 686 1193.8 14000
2-Apr-09 1269 1061 170 891 2-Apr-09 1577 1136.85
12000
6-Apr-09 1260 967 249 718 6-Apr-09 2295 1098.8
8-Apr-09 1268 1066 181 885 8-Apr-09 3180 1115 10000
9-Apr-09 1273 825 411 414 9-Apr-09 3594 1070.9
8000
13-Apr-09 1270 1051 196 855 13-Apr-09 4449 1058.7
15-Apr-09 1278 1110 152 958 15-Apr-09 5407 1044.05 6000
16-Apr-09 1280 255 1007 -752 16-Apr-09 4655 1034.8 4000
17-Apr-09 1277 607 633 -26 17-Apr-09 4629 1027.8
202 4831 1036.6 2000
20-Apr-09 1261 709 507 20-Apr-09
21-Apr-09 1266 524 701 -177 21-Apr-09 4654 1023.05 0
22-Apr-09 1248 425 788 -363 22-Apr-09 4291 1025.3 1-Apr-09 1-May-0
23-Apr-09 1257 710 507 203 23-Apr-09 4494 1080
24-Apr-09 1251 772 439 333 24-Apr-09 4827 994.5
27-Apr-09 1253 496 715 -219 27-Apr-09 4608 974.35 Here, A-D Line: a measure o
28-Apr-09 1253 168 1059 -891 28-Apr-09 3717 956.95
29-Apr-09 1248 745 445 300 29-Apr-09 4017 934.35
4-May-09 1271 956 273 683 4-May-09 4700 941.1 14000
5-May-09 1271 828 380 448 5-May-09 5148 895.3
6-May-09 1267 496 732 -236 6-May-09 4912 911.25 12000
7-May-09 1271 906 301 605 7-May-09 5517 953.05
10000
8-May-09 1266 566 653 -87 8-May-09 5430 987.05
11-May-09 1260 323 899 -576 11-May-09 4854 950.05 8000
12-May-09 1254 712 495 217 12-May-09 5071 960.3
13-May-09 1256 531 680 -149 13-May-09 4922 968.7 6000

14-May-09 1250 568 631 -63 14-May-09 4859 954.7

4000
15-May-09 1258 761 451 310 15-May-09 5169 1023.55
18-May-09 588 578 6 572 18-May-09 5741 1032.25 2000
19-May-09 1281 929 331 598 19-May-09 6339 1049.95
0
20-May-09 1281 1166 102 1064 20-May-09 7403 1095.5
1-Apr-09 1-M
21-May-09 1281 928 342 586 21-May-09 7989 1124.3
22-May-09 1287 974 296 678 22-May-09 8667 1022.35
25-May-09 1281 1111 157 954 25-May-09 9621 1067.1
26-May-09 1286 386 885 -499 26-May-09 9122 1077.45 A mirror image can be found
27-May-09 1284 1113 152 961 27-May-09 10083 1147.05 Market and SBI prices. Such
28-May-09 1284 679 576 103 28-May-09 10186 1124.75
29-May-09 1291 989 283 706 29-May-09 10892 1123.75
1-Jun-09 1283 1002 263 739 1-Jun-09 11631 1140.3
2-Jun-09 1287 615 648 -33 2-Jun-09 11598 1217.9
3-Jun-09 1290 883 378 505 3-Jun-09 12103 1294.8
4-Jun-09 1290 940 329 611 4-Jun-09 12714 1260.85
5-Jun-09 1288 604 668 -64 5-Jun-09 12650 1304.8
8-Jun-09 1289 110 1167 -1057 8-Jun-09 11593 1294.65
9-Jun-09 1283 702 562 140 9-Jun-09 11733 1253.8
10-Jun-09 1290 575 692 -117 10-Jun-09 11616 1231.35
11-Jun-09 1285 409 850 -441 11-Jun-09 11175 1265.95
12-Jun-09 1285 224 1036 -812 12-Jun-09 10363 1311.15
15-Jun-09 1270 251 998 -747 15-Jun-09 9616 1278.2
16-Jun-09 1277 848 398 450 16-Jun-09 10066 1235.6
17-Jun-09 1278 190 1070 -880 17-Jun-09 9186 1278.6
18-Jun-09 1271 148 1105 -957 18-Jun-09 8229 1366.25
19-Jun-09 1268 679 567 112 19-Jun-09 8341 1345.2
22-Jun-09 1262 474 744 -270 22-Jun-09 8071 1322.45
23-Jun-09 1259 511 721 -210 23-Jun-09 7861 1369.5
24-Jun-09 1265 963 281 682 24-Jun-09 8543 1324.55
25-Jun-09 1299 625 608 17 25-Jun-09 8560 1258.2
26-Jun-09 1274 877 354 523 26-Jun-09 9083 1295.15
29-Jun-09 1268 837 396 441 29-Jun-09 9524 1261.4
30-Jun-09 1256 210 1023 -813 30-Jun-09 8711 1267.35
1-Jul-09 1261 599 618 -19 1-Jul-09 8692 1313.5
2-Jul-09 1262 700 513 187 2-Jul-09 8879 1576.55
3-Jul-09 1267 625 597 28 3-Jul-09 8907 1753.95
6-Jul-09 1262 131 1107 -976 6-Jul-09 7931 1781.15
7-Jul-09 1262 498 734 -236 7-Jul-09 7695 1712.2
8-Jul-09 1265 173 1078 -905 8-Jul-09 6790 1732
9-Jul-09 1254 514 699 -185 9-Jul-09 6605 1722.35
10-Jul-09 1269 322 914 -592 10-Jul-09 6013 1689.45
13-Jul-09 1265 204 1041 -837 13-Jul-09 5176 1792.9
14-Jul-09 1253 1069 167 902 14-Jul-09 6078 1829.55
15-Jul-09 1267 1117 133 984 15-Jul-09 7062 1868.85
16-Jul-09 1265 703 517 186 16-Jul-09 7248 1876.75
17-Jul-09 1282 994 261 733 17-Jul-09 7981 1906.9
20-Jul-09 1282 929 308 621 20-Jul-09 8602 1879.55
21-Jul-09 1275 571 666 -95 21-Jul-09 8507 1882.9
22-Jul-09 1287 501 750 -249 22-Jul-09 8258 1817.65
23-Jul-09 1278 943 289 654 23-Jul-09 8912 1695.95
24-Jul-09 1282 907 344 563 24-Jul-09 9475 1763.6
27-Jul-09 1284 832 413 419 27-Jul-09 9894 1756.75
28-Jul-09 1287 829 415 414 28-Jul-09 10308 1693.5
29-Jul-09 1286 413 839 -426 29-Jul-09 9882 1634.6
30-Jul-09 1285 705 535 170 30-Jul-09 10052 1641.9
31-Jul-09 1288 674 579 95 31-Jul-09 10147 1714.35
 CUMULATIVE AD
14000

12000

10000

8000 CUMULATIVE AD

6000

4000

2000

0
1-Apr-09 1-May-09 1-Jun-09 1-Jul-09

e, A-D Line: a measure of BREADTH.

14000 2500

12000
2000
10000

8000 1500

CUMULATIVE AD
6000 1000 SBI
4000
500
2000

0 0
1-Apr-09 1-May-09 1-Jun-09 1-Jul-09

rror image can be found from 18th june onwards. It shows a contrasting movement between the
ket and SBI prices. Such contrasting trends do not sustain a lot and indicate a reversal.
 10000000
Total Traded
Date Quantity Open Price High Price Low Price Last Price
1-Apr-09 4116277 1,076.15 1,084.70 1,023.30 1,084.00 9000000
2-Apr-09 5459856 1,101.10 1,170.00 1,101.10 1,141.85
6-Apr-09 4353254 1,175.50 1,194.00 1,108.35 1,130.00 8000000
8-Apr-09 4074911 1,090.00 1,139.00 1,070.35 1,131.00
9-Apr-09 5145597 1,150.20 1,161.95 1,113.35 1,135.05 7000000
13-Apr-09 3822947 1,160.80 1,230.00 1,155.00 1,216.00
15-Apr-09 4606891 1,190.25 1,310.00 1,185.70 1,303.25 6000000
16-Apr-09 4428569 1,305.00 1,320.90 1,250.00 1,270.00
17-Apr-09 4197261 1,299.00 1,355.00 1,276.65 1,308.90
5000000
20-Apr-09 3177145 1,310.00 1,342.00 1,275.10 1,298.00
21-Apr-09 3237405 1,270.60 1,285.00 1,240.65 1,251.00
4000000
22-Apr-09 2671415 1,264.90 1,278.00 1,223.00 1,235.00
23-Apr-09 2367355 1,233.35 1,280.90 1,201.45 1,280.00
3000000
24-Apr-09 3257623 1,274.55 1,325.00 1,259.00 1,303.15
27-Apr-09 3903748 1,289.00 1,330.00 1,264.95 1,272.00
28-Apr-09 2692394 1,276.00 1,298.50 1,230.05 1,230.10 2000000
29-Apr-09 2635968 1,245.00 1,291.95 1,242.00 1,291.15
4-May-09 2606898 1,325.25 1,373.00 1,322.65 1,362.70 1000000
5-May-09 3306388 1,375.00 1,386.00 1,335.70 1,345.25
6-May-09 3112741 1,354.00 1,377.00 1,310.15 1,329.00 0
7-May-09 2223892 1,378.70 1,378.70 1,335.00 1,375.00 te 05 12 19 24 27 32 39 44 47 52
Da 99 99 99 99 99 99 99 99 99 99 9
8-May-09 2910255 1,369.75 1,375.00 1,306.10 1,328.00 3 3 3 3 3 3 3 3 3 3 3
11-May-09 4771318 1,345.00 1,374.00 1,247.10 1,259.00
12-May-09 3613828 1,250.00 1,300.00 1,240.05 1,291.10
13-May-09 3242853 1,300.00 1,310.00 1,255.00 1,262.50
14-May-09 3000178 1,249.70 1,275.90 1,219.45 1,270.00
15-May-09 3135287 1,267.00 1,324.95 1,267.00 1,319.10
18-May-09 58624 1,445.00 1,688.00 1,445.00 1,550.35
19-May-09 8802496 1,648.00 1,843.80 1,500.00 1,745.85
20-May-09 4296340 1,740.00 1,820.00 1,712.00 1,764.00
21-May-09 3394235 1,760.00 1,779.00 1,700.00 1,700.50
22-May-09 2754322 1,687.00 1,739.90 1,676.00 1,733.30
25-May-09 1942737 1,736.80 1,742.70 1,695.00 1,719.00
26-May-09 2326955 1,706.00 1,760.50 1,670.00 1,693.00
27-May-09 2488835 1,710.15 1,799.70 1,710.15 1,792.75
28-May-09 3387545 1,780.00 1,837.00 1,767.50 1,828.55
29-May-09 2753823 1,831.00 1,892.15 1,827.00 1,870.00
1-Jun-09 2486302 2,039.70 2,039.70 1,842.70 1,875.20
2-Jun-09 2994030 1,880.00 1,941.00 1,818.75 1,922.70
3-Jun-09 2231831 1,915.00 1,929.90 1,858.00 1,871.05
4-Jun-09 1859723 1,865.00 1,895.30 1,841.00 1,873.25
5-Jun-09 2952925 1,895.00 1,898.00 1,810.00 1,825.00
 8-Jun-09 2920204 1,829.00 1,830.00 1,684.30 1,696.00
9-Jun-09 2742434 1,689.90 1,775.00 1,679.00 1,767.00
10-Jun-09 2485290 1,763.95 1,799.85 1,740.10 1,749.50
11-Jun-09 2415887 1,765.00 1,765.00 1,680.00 1,691.00
12-Jun-09 2669098 1,710.00 1,723.40 1,626.00 1,631.60
15-Jun-09 2214603 1,629.00 1,674.00 1,610.00 1,650.00
16-Jun-09 2633386 1,616.40 1,722.00 1,598.95 1,709.10
17-Jun-09 1930221 1,709.00 1,718.00 1,652.75 1,659.00
18-Jun-09 3038333 1,697.80 1,728.70 1,659.00 1,715.10
19-Jun-09 2137291 1,715.30 1,745.00 1,677.10 1,724.00
22-Jun-09 2336099 1,731.00 1,760.00 1,686.00 1,690.00
23-Jun-09 2058141 1,675.00 1,725.00 1,664.45 1,706.00
24-Jun-09 1468197 1,724.00 1,730.00 1,695.00 1,715.00
25-Jun-09 2418462 1,730.00 1,740.00 1,700.00 1,709.90
26-Jun-09 2441010 1,709.90 1,759.00 1,690.00 1,746.05
29-Jun-09 2387914 1,754.95 1,780.00 1,735.55 1,762.25
30-Jun-09 2320439 1,783.00 1,783.10 1,733.10 1,748.05
1-Jul-09 1793307 1,731.00 1,794.00 1,721.10 1,779.00
2-Jul-09 1576067 1,785.00 1,790.00 1,732.25 1,751.20
3-Jul-09 2074503 1,744.00 1,822.00 1,731.00 1,806.85
6-Jul-09 3814520 1,800.00 1,839.90 1,633.15 1,665.15
7-Jul-09 3562259 1,680.00 1,697.00 1,619.15 1,631.00
8-Jul-09 3877593 1,629.90 1,629.90 1,566.45 1,584.10
9-Jul-09 2792552 1,585.00 1,624.80 1,570.10 1,600.50
10-Jul-09 1808056 1,609.00 1,618.00 1,531.00 1,543.00
13-Jul-09 1903276 1,535.00 1,574.00 1,510.60 1,542.45
14-Jul-09 1530486 1,570.00 1,589.95 1,566.95 1,589.00
15-Jul-09 1426353 1,590.00 1,647.80 1,586.00 1,637.60
16-Jul-09 1709078 1,652.00 1,660.00 1,595.25 1,606.00
17-Jul-09 1838238 1,620.00 1,683.00 1,617.00 1,673.15
20-Jul-09 2283664 1,680.00 1,739.40 1,641.00 1,716.00
21-Jul-09 2047023 1,722.00 1,740.00 1,680.00 1,713.00
22-Jul-09 1825605 1,720.00 1,747.00 1,683.15 1,706.00
23-Jul-09 1619972 1,710.00 1,740.00 1,702.50 1,721.50
24-Jul-09 1600969 1,740.00 1,744.95 1,691.10 1,698.50
27-Jul-09 1346935 1,710.00 1,728.00 1,695.00 1,709.25
28-Jul-09 1823473 1,740.80 1,740.80 1,672.15 1,676.35
29-Jul-09 2237418 1,652.00 1,679.90 1,621.30 1,649.90
30-Jul-09 3545485 1,660.95 1,744.00 1,650.10 1,731.00
31-Jul-09 3729830 1,741.00 1,822.25 1,740.00 1,819.00
3-Aug-09 2045231 1,820.00 1,864.00 1,801.00 1,862.00
4-Aug-09 2114362 1,870.00 1,888.00 1,836.30 1,854.00
5-Aug-09 1606033 1,855.05 1,873.70 1,830.25 1,838.00
6-Aug-09 2139952 1,843.00 1,855.00 1,789.00 1,794.80
7-Aug-09 1846845 1,770.70 1,800.00 10000000 1,755.10
1,720.00

9000000

8000000
 10000000
10-Aug-09 1517350 1,797.35 1,797.35 1,700.00 1,702.00
11-Aug-09 1498339 1,716.00 1,755.00 9000000 1,729.50
1,705.65
12-Aug-09 1813291 1,709.15 1,719.90 1,671.35 1,704.70
13-Aug-09 1725508 1,740.00 1,810.00 1,725.60
8000000 1,808.10
14-Aug-09 1800336 1,805.00 1,814.90 1,781.00 1,800.00
17-Aug-09 1776456 1,772.55 1,781.50 1,705.55
7000000 1,715.00
18-Aug-09 1714307 1,713.45 1,760.00 1,708.10 1,733.50
19-Aug-09 1707732 1,736.00 1,747.40 1,670.00
6000000 1,692.00
20-Aug-09 1308647 1,710.00 1,765.00 1,709.90 1,750.00
21-Aug-09 1656113 1,746.00 1,783.10 1,720.45 1,770.10
5000000
24-Aug-09 1340732 1,790.00 1,815.00 1,778.90 1,781.00
25-Aug-09 1906884 1,779.00 1,781.55 1,741.00 1,745.90
4000000
26-Aug-09 1405934 1,772.70 1,772.70 1,733.15 1,742.25
27-Aug-09 1496456 1,740.00 1,769.00 1,722.00 1,757.20
28-Aug-09 1724271 1,799.00 1,799.00 3000000 1,778.00
1,760.00
31-Aug-09 1353682 1,765.00 1,773.80 1,736.00 1,745.95
1-Sep-09 1445209 1,761.00 1,781.00 2000000 1,730.80
1,726.00
2-Sep-09 1025787 1,731.00 1,750.00 1,715.00 1,739.00
3-Sep-09 814101 1,749.00 1,756.90 1,737.20
1000000 1,751.35
4-Sep-09 1116852 1,752.30 1,774.05 1,743.10 1,764.00
7-Sep-09 1543535 1,772.60 1,821.90 1,771.00 0 1,810.00
te 05 12 19 24 27 32 39 44 47 52 55 60 65 68 73 76 81 86
Da 99 99 99 99 99 99 99 99 99 99 99 99 99 99 99 99 99 99
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
 2150

1950

1750

1550

Column B
1350 Column F

1150

950

750
4 7 2 9 4 7 2 5 0 5 8 3 6 1 6 9 4 7 2 7 0 5 8 3 8 1 6 9 4 9 2 7 0
92 9 92 9 93 993 99 4 994 995 9 95 99 6 9 96 996 997 997 99 8 9 98 9 98 9 99 999 000 000 00 1 0 01 0 01 0 02 002 003 003 0 03 0 04 0 04 005 005 00 6
3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4
2200

2000
 2200

2000

1800

1600
Column B
Column F

1400

1200

1000
60 65 68 73 76 81 86 89 94 97 02 07 10 15 18 23 28 31 36 39 44 49 52 57 60
9 9 39 9 39 9 39 9 39 9 39 9 39 9 39 9 39 9 39 9 40 0 40 0 40 0 40 0 40 0 40 0 4 0 0 40 0 4 0 0 40 0 4 0 0 40 0 4 0 0 40 0 4 0 0
 2150

1950

1750

1550

Column B
1350 Column F

1150

950

750

0 60
 Market return Stock return
Series Date Close Price SBI (Y) Close NIFTY (X)
EQ 1-Apr-09 1,077.45 3060.35
EQ 2-Apr-09 1,147.05 3211.05 4.92 6.46
EQ 6-Apr-09 1,124.75 3256.6 1.42 -1.94
EQ 8-Apr-09 1,123.75 3342.95 2.65 -0.09
EQ 9-Apr-09 1,140.30 3342.05 -0.03 1.47
EQ 13-Apr-09 1,217.90 3382.6 1.21 6.81
EQ 15-Apr-09 1,294.80 3484.15 3.00 6.31
EQ 16-Apr-09 1,260.85 3369.5 -3.29 -2.62
EQ 17-Apr-09 1,304.80 3384.4 0.44 3.49
EQ 20-Apr-09 1,294.65 3377.1 -0.22 -0.78
EQ 21-Apr-09 1,253.80 3365.3 -0.35 -3.16
EQ 22-Apr-09 1,231.35 3330.3 -1.04 -1.79
EQ 23-Apr-09 1,265.95 3423.7 2.80 2.81
EQ 24-Apr-09 1,311.15 3480.75 1.67 3.57
EQ 27-Apr-09 1,278.20 3470 -0.31 -2.51
EQ 28-Apr-09 1,235.60 3362.35 -3.10 -3.33
EQ 29-Apr-09 1,278.60 3473.95 3.32 3.48
EQ 4-May-09 1,366.25 3654 5.18 6.86
EQ 5-May-09 1,345.20 3661.9 0.22 -1.54
EQ 6-May-09 1,322.45 3625.05 -1.01 -1.69
EQ 7-May-09 1,369.50 3683.9 1.62 3.56
EQ 8-May-09 1,324.55 3620.7 -1.72 -3.28
EQ 11-May-09 1,258.20 3554.6 -1.83 -5.01
EQ 12-May-09 1,295.15 3681.1 3.56 2.94
EQ 13-May-09 1,261.40 3635.25 -1.25 -2.61
EQ 14-May-09 1,267.35 3593.45 -1.15 0.47
EQ 15-May-09 1,313.50 3671.65 2.18 3.64
EQ 18-May-09 1,576.55 4323.15 17.74 20.03
EQ 19-May-09 1,753.95 4318.45 -0.11 11.25
EQ 20-May-09 1,781.15 4270.3 -1.11 1.55
EQ 21-May-09 1,712.20 4210.9 -1.39 -3.87
EQ 22-May-09 1,732.00 4238.5 0.66 1.16
EQ 25-May-09 1,722.35 4237.55 -0.02 -0.56
EQ 26-May-09 1,689.45 4116.7 -2.85 -1.91
EQ 27-May-09 1,792.90 4276.05 3.87 6.12
EQ 28-May-09 1,829.55 4337.1 1.43 2.04
EQ 29-May-09 1,868.85 4448.95 2.58 2.15
EQ 1-Jun-09 1,876.75 4529.9 1.82 0.42
EQ 2-Jun-09 1,906.90 4525.25 -0.10 1.61
EQ 3-Jun-09 1,879.55 4530.7 0.12 -1.43
EQ 4-Jun-09 1,882.90 4572.65 0.93 0.18
EQ 5-Jun-09 1,817.65 4586.9 0.31 -3.47
EQ 8-Jun-09 1,695.95 4429.9 -3.42 -6.70
EQ 9-Jun-09 1,763.60 4550.95 2.73 3.99
EQ 10-Jun-09 1,756.75 4655.25 2.29 -0.39
EQ 11-Jun-09 1,693.50 4637.7 -0.38 -3.60
EQ 12-Jun-09 1,634.60 4583.4 -1.17 -3.48
EQ 15-Jun-09 1,641.90 4484 -2.17 0.45
EQ 16-Jun-09 1,714.35 4517.8 0.75 4.41
EQ 17-Jun-09 1,662.35 4356.15 -3.58 -3.03
EQ 18-Jun-09 1,703.30 4251.4 -2.40 2.46
EQ 19-Jun-09 1,724.60 4313.6 1.46 1.25
EQ 22-Jun-09 1,695.40 4235.25 -1.82 -1.69
EQ 23-Jun-09 1,707.95 4247 0.28 0.74
EQ 24-Jun-09 1,716.75 4292.95 1.08 0.52
EQ 25-Jun-09 1,704.00 4241.85 -1.19 -0.74
EQ 26-Jun-09 1,749.25 4375.5 3.15 2.66
EQ 29-Jun-09 1,765.15 4390.95 0.35 0.91
EQ 30-Jun-09 1,745.30 4291.1 -2.27 -1.12
EQ 1-Jul-09 1,779.55 4340.9 1.16 1.96
EQ 2-Jul-09 1,759.45 4348.85 0.18 -1.13
EQ 3-Jul-09 1,809.65 4424.25 1.73 2.85
EQ 6-Jul-09 1,653.50 4165.7 -5.84 -8.63
EQ 7-Jul-09 1,636.35 4202.15 0.88 -1.04
EQ 8-Jul-09 1,580.70 4078.9 -2.93 -3.40
EQ 9-Jul-09 1,604.05 4080.95 0.05 1.48
EQ 10-Jul-09 1,543.65 4003.9 -1.89 -3.77
EQ 13-Jul-09 1,546.55 3974.05 -0.75 0.19
EQ 14-Jul-09 1,582.60 4111.4 3.46 2.33
EQ 15-Jul-09 1,637.00 4233.5 2.97 3.44
EQ 16-Jul-09 1,604.20 4231.4 -0.05 -2.00
EQ 17-Jul-09 1,673.95 4374.95 3.39 4.35
EQ 20-Jul-09 1,722.95 4502.25 2.91 2.93
EQ 21-Jul-09 1,711.55 4469.1 -0.74 -0.66
EQ 22-Jul-09 1,693.90 4398.9 -1.57 -1.03
EQ 23-Jul-09 1,727.15 4523.75 2.84 1.96
EQ 24-Jul-09 1,698.60 4568.55 0.99 -1.65
EQ 27-Jul-09 1,711.30 4572.3 0.08 0.75
EQ 28-Jul-09 1,681.75 4564.1 -0.18 -1.73
EQ 29-Jul-09 1,656.75 4513.5 -1.11 -1.49
EQ 30-Jul-09 1,722.80 4571.45 1.28 3.99
EQ 31-Jul-09 1,811.65 4636.45 1.42 5.16
EQ 3-Aug-09 1,847.05 4711.4 1.62 1.95
EQ 4-Aug-09 1,857.45 4680.5 -0.66 0.56
EQ 5-Aug-09 1,843.55 4694.15 0.29 -0.75
EQ 6-Aug-09 1,796.65 4585.5 -2.31 -2.54
EQ 7-Aug-09 1,743.30 4481.4 -2.27 -2.97
EQ 10-Aug-09 1,710.95 4437.65 -0.98 -1.86
EQ 11-Aug-09 1,729.25 4471.35 0.76 1.07
EQ 12-Aug-09 1,702.75 4457.5 -0.31 -1.53
EQ 13-Aug-09 1,797.60 4605 3.31 5.57
EQ 14-Aug-09 1,800.75 4580.05 -0.54 0.18
EQ 17-Aug-09 1,713.45 4387.9 -4.20 -4.85
EQ 18-Aug-09 1,734.45 4458.9 1.62 1.23
EQ 19-Aug-09 1,691.10 4394.1 -1.45 -2.50
EQ 20-Aug-09 1,753.15 4453.45 1.35 3.67
EQ 21-Aug-09 1,775.85 4528.8 1.69 1.29
EQ 24-Aug-09 1,790.20 4642.8 2.52 0.81
EQ 25-Aug-09 1,747.60 4659.35 0.36 -2.38
EQ 26-Aug-09 1,739.70 4680.85 0.46 -0.45
EQ 27-Aug-09 1,753.80 4688.2 0.16 0.81
EQ 28-Aug-09 1,781.75 4732.35 0.94 1.59
EQ 31-Aug-09 1,742.90 4662.1 -1.48 -2.18
EQ 1-Sep-09 1,733.20 4625.35 -0.79 -0.56
EQ 2-Sep-09 1,734.40 4608.35 -0.37 0.07
EQ 3-Sep-09 1,747.00 4593.55 -0.32 0.73
EQ 4-Sep-09 1,762.45 4680.4 1.89 0.88
EQ 7-Sep-09 1,813.35 4782.9 2.19 2.89
Sum 174255.15 453051.60 48.25 58.99
Mean 0.45 0.55
Variance 6.8484108402206 13.214328428
S.D 2.6169468546802 3.6351517752
Co-variance 7.82
Beta 0.5914624044807
Co-variance 95674.48

rf 7
Rm (in %) 18.66
Ke 13.90
0.139
Nifty Deviations Nifty Dev^2 SBI deviations Sbi Dev^2 Nifty DEV* SBI dev

4.47 20.01 5.91 34.91 26.4298710837379

0.97 0.94 -2.50 6.23 -2.4145624884411
2.20 4.84 -0.64 0.41 -1.40894372904797
-0.48 0.23 0.92 0.85 -0.44031922185254
0.76 0.58 6.25 39.11 4.76774375607785
2.55 6.51 5.76 33.21 14.7018572128504
-3.74 14.00 -3.17 10.07 11.8734404899041
-0.01 0.00 2.93 8.61 -0.02570129726043
-0.67 0.44 -1.33 1.77 0.886152351423347
-0.80 0.64 -3.71 13.74 2.96669858470855
-1.49 2.22 -2.34 5.48 3.49175551725917
2.35 5.54 2.26 5.10 5.31575528381128
1.22 1.48 3.02 9.11 3.66929551654347
-0.76 0.58 -3.06 9.39 2.32834805455438
-3.55 12.63 -3.88 15.09 13.8014686711092
2.87 8.23 2.93 8.58 8.40005066283708
4.73 22.39 6.30 39.74 29.8289616702355
-0.23 0.06 -2.09 4.38 0.491131974983579
-1.46 2.12 -2.24 5.03 3.26799928097329
1.17 1.37 3.01 9.04 3.52494402508199
-2.17 4.69 -3.83 14.70 8.30556377217295
-2.28 5.18 -5.56 30.92 12.6591220711911
3.11 9.66 2.39 5.69 7.41331218242072
-1.70 2.88 -3.16 9.97 5.35627626354397
-1.60 2.56 -0.08 0.01 0.127511299024738
1.73 2.98 3.09 9.55 5.33111268619595
17.29 299.05 19.48 379.29 336.788311971957
-0.56 0.31 10.70 114.51 -5.98914885560452
-1.57 2.45 1.00 1.00 -1.56505650521626
-1.84 3.39 -4.42 19.56 8.14598645112397
0.20 0.04 0.61 0.37 0.123722247621217
-0.47 0.22 -1.11 1.23 0.524740931187191
-3.30 10.91 -2.46 6.06 8.1300609577257
3.42 11.70 5.57 31.05 19.0552522390866
0.98 0.95 1.49 2.23 1.45812699283797
2.13 4.53 1.60 2.55 3.3977361937469
1.37 1.87 -0.13 0.02 -0.1760423385497
-0.55 0.31 1.06 1.11 -0.58414283976827
-0.33 0.11 -1.99 3.94 0.656296969933528
0.47 0.23 -0.37 0.14 -0.17721045574227
-0.14 0.02 -4.02 16.13 0.559634956501324
-3.87 15.01 -7.25 52.52 28.0723453150017
2.28 5.21 3.44 11.82 7.84316533621528
1.84 3.39 -0.94 0.88 -1.7299787017669
-0.83 0.69 -4.15 17.24 3.43746052523684
-1.62 2.63 -4.03 16.24 6.53480909115862
-2.62 6.86 -0.10 0.01 0.274434604038436
0.30 0.09 3.86 14.91 1.16929477535153
-4.03 16.23 -3.58 12.85 14.4423463078739
-2.86 8.15 1.91 3.66 -5.46000050489154
1.01 1.02 0.70 0.49 0.707612067317291
-2.27 5.14 -2.24 5.04 5.08897162570958
-0.17 0.03 0.19 0.04 -0.0327768939546
0.63 0.40 -0.04 0.00 -0.02278759566725
-1.64 2.69 -1.29 1.67 2.12387883268588
2.70 7.29 2.10 4.43 5.68079554158802
-0.10 0.01 0.36 0.13 -0.03499496939281
-2.72 7.43 -1.68 2.81 4.56676086607193
0.71 0.50 1.41 1.99 1.00126193354187
-0.27 0.07 -1.68 2.83 0.450163911697104
1.28 1.65 2.30 5.30 2.95283582201041
-6.29 39.63 -9.18 84.27 57.7876646826431
0.42 0.18 -1.59 2.52 -0.6736106317208
-3.38 11.45 -3.95 15.62 13.3742251144421
-0.40 0.16 0.93 0.86 -0.37098661498309
-2.34 5.47 -4.32 18.63 10.0970505965092
-1.20 1.43 -0.36 0.13 0.434904878781167
3.01 9.03 1.78 3.17 5.34820177219893
2.52 6.34 2.89 8.33 7.26941883932909
-0.50 0.25 -2.56 6.53 1.27895256304459
2.94 8.65 3.80 14.41 11.1678535563654
2.46 6.05 2.38 5.64 5.84172308046612
-1.19 1.41 -1.21 1.47 1.44015509672298
-2.02 4.09 -1.58 2.50 3.19957852296871
2.39 5.70 1.41 1.99 3.36977734913063
0.54 0.29 -2.20 4.86 -1.18896376156977
-0.37 0.14 0.20 0.04 -0.0724189596412
-0.63 0.40 -2.28 5.19 1.43589607592841
-1.56 2.43 -2.04 4.15 3.17833383296448
0.83 0.69 3.44 11.80 2.86154280567752
0.97 0.94 4.61 21.21 4.47195164018172
1.17 1.36 1.40 1.97 1.63491817402939
-1.11 1.23 0.01 0.00 -0.01295839875748
-0.16 0.03 -1.30 1.69 0.207073423730464
-2.77 7.65 -3.10 9.58 8.56034529770033
-2.72 7.40 -3.52 12.40 9.58057274859191
-1.43 2.04 -2.41 5.79 3.43535442223714
0.31 0.10 0.52 0.27 0.159847843105351
-0.76 0.58 -2.08 4.34 1.58517520470844
2.86 8.17 5.02 25.19 14.3447871180219
-0.99 0.99 -0.38 0.14 0.373396644596456
-4.65 21.59 -5.40 29.15 25.0870781652115
1.17 1.36 0.67 0.45 0.786928747931795
-1.90 3.63 -3.05 9.31 5.80925343690004
0.90 0.81 3.12 9.72 2.80517980581626
1.24 1.54 0.74 0.55 0.922623393229777
2.07 4.27 0.26 0.07 0.530433386452049
-0.09 0.01 -2.93 8.59 0.276961938992626
0.01 0.00 -1.00 1.01 -0.0105126303162
-0.29 0.09 0.26 0.07 -0.07616884520836
0.49 0.24 1.04 1.09 0.51153941778813
-1.94 3.75 -2.73 7.46 5.28717752215844
-1.24 1.54 -1.11 1.23 1.37294019653303
-0.82 0.67 -0.48 0.23 0.394612281304021
-0.77 0.60 0.18 0.03 -0.13521605500406
1.44 2.07 0.33 0.11 0.479461599740792
1.74 3.02 2.34 5.46 4.06352808681591
732.78 1413.93 836.29
 Date market(X) X
1-Sep-08 4348.65
2-Sep-08 4504 3.572373
4-Sep-08 4447.75 -1.24889
5-Sep-08 4352.3 -2.146029
8-Sep-08 4482.3 2.9869265
9-Sep-08 4468.7 -0.303416
10-Sep-08 4400.25 -1.531765
11-Sep-08 4290.3 -2.498722
12-Sep-08 4228.45 -1.441624
15-Sep-08 4072.9 -3.678653
16-Sep-08 4074.9 0.0491051
17-Sep-08 4008.25 -1.635623
18-Sep-08 4038.15 0.7459615
19-Sep-08 4245.25 5.1285861
22-Sep-08 4223.05 -0.522937
23-Sep-08 4126.9 -2.27679
24-Sep-08 4161.25 0.8323439
25-Sep-08 4110.55 -1.218384
26-Sep-08 3985.25 -3.048254
29-Sep-08 3850.05 -3.39251
30-Sep-08 3921.2 1.8480279
1-Oct-08 3950.75 0.7535958
3-Oct-08 3818.3 -3.352528
6-Oct-08 3602.35 -5.655658
7-Oct-08 3606.6 0.1179785
8-Oct-08 3513.65 -2.57722
10-Oct-08 3279.95 -6.651203
13-Oct-08 3490.7 6.4254028
14-Oct-08 3518.65 0.800699
15-Oct-08 3338.4 -5.122703
16-Oct-08 3269.3 -2.069854
17-Oct-08 3074.35 -5.96305
20-Oct-08 3122.8 1.5759429
21-Oct-08 3234.9 3.5897272
22-Oct-08 3065.15 -5.247457
23-Oct-08 2943.15 -3.980229
24-Oct-08 2584 -12.20291
27-Oct-08 2524.2 -2.314241
28-Oct-08 2684.6 6.3544886
29-Oct-08 2697.05 0.4637562
31-Oct-08 2885.6 6.9909716
3-Nov-08 3043.85 5.4841281
4-Nov-08 3142.1 3.22782
 5-Nov-08 2994.95 -4.683174
6-Nov-08 2892.65 -3.41575
7-Nov-08 2973 2.7777298
10-Nov-08 3148.25 5.8947191
11-Nov-08 2938.65 -6.657667
12-Nov-08 2848.45 -3.069437
14-Nov-08 2810.35 -1.33757
17-Nov-08 2799.55 -0.384294
18-Nov-08 2683.15 -4.157811
19-Nov-08 2635 -1.794533
20-Nov-08 2553.15 -3.106262
21-Nov-08 2693.45 5.4951726
24-Nov-08 2708.25 0.5494811
25-Nov-08 2654 -2.003139
26-Nov-08 2752.25 3.7019593
28-Nov-08 2755.1 0.1035516
1-Dec-08 2682.9 -2.620595
2-Dec-08 2657.8 -0.935555
3-Dec-08 2656.45 -0.050794
4-Dec-08 2788 4.9520977
5-Dec-08 2714.4 -2.639885
8-Dec-08 2784 2.5641026
10-Dec-08 2928.25 5.1813937
11-Dec-08 2920.15 -0.276616
12-Dec-08 2921.35 0.0410938
15-Dec-08 2981.2 2.0487104
16-Dec-08 3041.75 2.0310613
17-Dec-08 2954.35 -2.873346
18-Dec-08 3060.75 3.601469
19-Dec-08 3077.5 0.5472515
22-Dec-08 3039.3 -1.241267
23-Dec-08 2968.65 -2.324548
24-Dec-08 2916.85 -1.744901
26-Dec-08 2857.25 -2.0433
29-Dec-08 2922.2 2.2731648
30-Dec-08 2979.5 1.9608514
31-Dec-08 2959.15 -0.683001
1-Jan-09 3033.45 2.5108562
2-Jan-09 3046.75 0.4384447
5-Jan-09 3121.45 2.4517929
6-Jan-09 3112.8 -0.277115
7-Jan-09 2920.4 -6.18093
9-Jan-09 2873 -1.623065
12-Jan-09 2773.1 -3.477202
13-Jan-09 2744.95 -1.015109
14-Jan-09 2835.3 3.2914989
15-Jan-09 2736.7 -3.477586
16-Jan-09 2828.45 3.3525779
19-Jan-09 2846.2 0.6275522
20-Jan-09 2796.6 -1.742674
21-Jan-09 2706.15 -3.234284
22-Jan-09 2713.8 0.2826894
23-Jan-09 2678.55 -1.298917
27-Jan-09 2771.35 3.464561
28-Jan-09 2849.5 2.8199253
29-Jan-09 2823.95 -0.896649
30-Jan-09 2874.8 1.8006693
2-Feb-09 2766.65 -3.762001
3-Feb-09 2783.9 0.6234977
4-Feb-09 2803.05 0.6878839
5-Feb-09 2780.05 -0.820535
6-Feb-09 2843.1 2.2679448
9-Feb-09 2919.9 2.7012768
10-Feb-09 2934.5 0.5000171
11-Feb-09 2925.7 -0.299881
12-Feb-09 2893.05 -1.115972
13-Feb-09 2948.35 1.9114775
16-Feb-09 2848.5 -3.38664
17-Feb-09 2770.5 -2.738283
18-Feb-09 2776.15 0.2039343
19-Feb-09 2789.35 0.4754786
20-Feb-09 2736.45 -1.896499
24-Feb-09 2733.9 -0.093186
25-Feb-09 2762.5 1.0461246
26-Feb-09 2785.65 0.838009
27-Feb-09 2763.65 -0.789762
2-Mar-09 2674.6 -3.222188
3-Mar-09 2622.4 -1.951694
4-Mar-09 2645.2 0.8694326
5-Mar-09 2576.7 -2.589596
6-Mar-09 2620.15 1.6862654
9-Mar-09 2573.15 -1.79379
12-Mar-09 2617.45 1.7216252
13-Mar-09 2719.25 3.8892816
16-Mar-09 2777.25 2.1329411
17-Mar-09 2757.45 -0.712935
18-Mar-09 2794.7 1.3508858
19-Mar-09 2807.15 0.4454861
20-Mar-09 2807.05 -0.003562
23-Mar-09 2939.9 4.7327265
24-Mar-09 2938.7 -0.040818
25-Mar-09 2984.35 1.553408
26-Mar-09 3082.25 3.2804463
27-Mar-09 3108.65 0.8565172
30-Mar-09 2978.15 -4.197964
31-Mar-09 3020.95 1.4371338
1-Apr-09 3060.35 1.3042255
2-Apr-09 3211.05 4.9242734
6-Apr-09 3256.6 1.4185391
8-Apr-09 3342.95 2.6515384
9-Apr-09 3342.05 -0.026922
13-Apr-09 3382.6 1.2133271
15-Apr-09 3484.15 3.0021285
16-Apr-09 3369.5 -3.290616
17-Apr-09 3384.4 0.4422021
20-Apr-09 3377.1 -0.215696
21-Apr-09 3365.3 -0.349412
22-Apr-09 3330.3 -1.040026
23-Apr-09 3423.7 2.8045521
24-Apr-09 3480.75 1.6663259
27-Apr-09 3470 -0.308841
28-Apr-09 3362.35 -3.102305
29-Apr-09 3473.95 3.3191072
4-May-09 3654 5.182861
5-May-09 3661.9 0.2162014
6-May-09 3625.05 -1.006308
7-May-09 3683.9 1.6234259
8-May-09 3620.7 -1.715573
11-May-09 3554.6 -1.825614
12-May-09 3681.1 3.5587689
13-May-09 3635.25 -1.245552
14-May-09 3593.45 -1.149852
15-May-09 3671.65 2.1761817
18-May-09 4323.15 17.744066
19-May-09 4318.45 -0.108717
20-May-09 4270.3 -1.114983
21-May-09 4210.9 -1.391003
22-May-09 4238.5 0.6554418
25-May-09 4237.55 -0.022414
26-May-09 4116.7 -2.851884
27-May-09 4276.05 3.8708189
28-May-09 4337.1 1.4277195
29-May-09 4448.95 2.5789122
1-Jun-09 4529.9 1.8195305
2-Jun-09 4525.25 -0.102651
 3-Jun-09 4530.7 0.1204353
4-Jun-09 4572.65 0.9259055
5-Jun-09 4586.9 0.3116355
8-Jun-09 4429.9 -3.422791
9-Jun-09 4550.95 2.7325673
10-Jun-09 4655.25 2.2918292
11-Jun-09 4637.7 -0.376994
12-Jun-09 4583.4 -1.170839
15-Jun-09 4484 -2.168696
16-Jun-09 4517.8 0.7537913
17-Jun-09 4356.15 -3.578069
18-Jun-09 4251.4 -2.404646
19-Jun-09 4313.6 1.4630475
22-Jun-09 4235.25 -1.816348
23-Jun-09 4247 0.2774334
24-Jun-09 4292.95 1.0819402
25-Jun-09 4241.85 -1.190324
26-Jun-09 4375.5 3.1507479
29-Jun-09 4390.95 0.3531025
30-Jun-09 4291.1 -2.273995
1-Jul-09 4340.9 1.1605416
2-Jul-09 4348.85 0.1831417
3-Jul-09 4424.25 1.7337917
6-Jul-09 4165.7 -5.843928
7-Jul-09 4202.15 0.875003
8-Jul-09 4078.9 -2.933022
9-Jul-09 4080.95 0.0502586
10-Jul-09 4003.9 -1.888041
13-Jul-09 3974.05 -0.745523
14-Jul-09 4111.4 3.4561719
15-Jul-09 4233.5 2.9697913
16-Jul-09 4231.4 -0.049604
17-Jul-09 4374.95 3.3924942
20-Jul-09 4502.25 2.9097475
21-Jul-09 4469.1 -0.736299
22-Jul-09 4398.9 -1.570786
23-Jul-09 4523.75 2.8382096
24-Jul-09 4568.55 0.9903288
27-Jul-09 4572.3 0.0820829
28-Jul-09 4564.1 -0.179341
29-Jul-09 4513.5 -1.108652
30-Jul-09 4571.45 1.283926
31-Jul-09 4636.45 1.4218683
3-Aug-09 4711.4 1.6165385
4-Aug-09 4680.5 -0.655856
 5-Aug-09 4694.15 0.2916355
6-Aug-09 4585.5 -2.314583
7-Aug-09 4481.4 -2.2702
10-Aug-09 4437.65 -0.976257
11-Aug-09 4471.35 0.7594109
12-Aug-09 4457.5 -0.30975
13-Aug-09 4605 3.3090297
14-Aug-09 4580.05 -0.541802
17-Aug-09 4387.9 -4.195369
18-Aug-09 4458.9 1.6180861
19-Aug-09 4394.1 -1.453273
20-Aug-09 4453.45 1.3506748
21-Aug-09 4528.8 1.6919467
24-Aug-09 4642.8 2.5172231
25-Aug-09 4659.35 0.3564659
26-Aug-09 4680.85 0.4614378
27-Aug-09 4688.2 0.1570228
28-Aug-09 4732.35 0.941726
31-Aug-09 4662.1 -1.484463
SUM 17.114387
AVG 0.0710141
ANNual Exp RET 0.1865894
as per DDM

intrinsic value DPS(1+g)/(Ke-g) 1639.00

as per price earning model:

P/E Multiple DPR(1+g)/(Ke-g) 11.41

intrinsic value P/E multiple*EPS 1639.00

PRICE BOOKVALUE MODEL:

PBV MULTIPLE ROE*DPR*(1+g)/(Ke-g) 1.80

Intrinsic value PBV multiple*BOOKVALUE 1639.00

as per directors report:
inoperating profit 36.64
in net interest income 22.63

as per CAGR:

IN TOTAL INCOME 14.10

IN NET PROFIT 16.21
IN EPS 11.92

as per ROE *b

GROWTH b*ROE*100 12.56

GROWTH taken as 0.1192

 2004-05
Capital 5262989.00
reserve and surplus 235458370
NET WORTH 240721359.00

Deposits 367047,52,65
borrowings 19184,31,36
Other liabilities & provisions 49578,89,07

total liabilities 49578,89,07

ASSETS

Cash & balances with Reserve Bank of India 16810,32,99

Balances with banks & money at call & short notice 22511,76,87
Investments

TOTAL INCOME 395,479,059

NET PROFIT 43,045,174

actual net profit 43,045,174,000

NO. OF EQUITY SHARES of rs. 10 each 526,298,878 526,298,878

OR 526,299 526,299
EPS 81.79

DIVIDEND PAID

DPS
DPR
RETENTION RATIO

ROE PAT/NETWORTH

bookvalue networth/no.of o/s shares

2005-06 2006-07 2007-08 2008-09
5,262,989.0 5,262,989.0 6314704 6348802
271,177,872.0 307,722,575.0 484011911 573128162
276440861.00 312985564.00 490326615.00 579476964

380046,05,53 435521,08,94
30641,24,43 39703,33,52
55538,16,65 60042,25,78

55538,16,65 566565,23,88

21652,70,39 29076,42,50
22907,29,72 22892,26,50

431,836,130 440,075,878 576,452,355 764,792,228

44,066,716 45,413,073 67,291,247 91,212,265

44,066,716,000 45,413,073,000 67,291,247,000 91,212,265,000

526,298,878 526,298,878 631,558,654 634,968,500

526,299 526,299 631,559 634,969
83.73 86.29 106.55 143.65

18,411,526

29.00
0.20
0.80

0.16

912.61
ROE ANALYSIS 2008-09 2007-08

Return on assets PAT/Total assets 0.0094575 0.0093261

Net profit margin PAT/OI 0.2717541 0.2616649

Return on capital employeed PBIT/Total assets 0.0147035 0.0144677

Tax administration PAT/PBT 0.6432143 0.6446143

Level of debt PBT/PBIT 1 1

Contribution PBIT/OI 0.4224939 0.4059247

turnover OI/Total assets 0.0185758 0.0181664

Leverage Total asset/Net wor 16.643147 14.715206

2008-09 2007-08
PAT 91212 67291
Operating Income 335639 257162
PBIT=PBT 141807 104389
Tot Assets 9644321 7215263
Net worth 579477 490327
equity 63480 63140
BALANCE SHEET

Rs. In million FY2009 FY2008 FY2007

Shareholders Equity 579477 490327 312984

Deposits 7420731 5374039 4355210
Borrowings 537137 517274 397033
Other Liabilities & Provisions 1106976 833623 600422
Total Liabilities 9644321 7215263 5665649

Cash& Balance with RBI 555462 515346 290764

Balance with Banks 488576 159317 228922
Investments 2759540 1895013 1491488
Advances 5425032 4167682 3373364
Fixed Assets 38378 33735 28188
Other Assets 377333 444170 252923
Total Assets 9644321 7215263 5665649

Profit & Loss

Rs. In million FY2009 FY2008 FY2007

Interest Income 637884 485503 372423

Interest Expenses 429153 319291 221841
Net Interest Income 208731 166212 150582
Fee Income 76172 59143 48045
Forex Income 11792 6927 3314
Capital Gains 25667 9463 5751
Misc. Income 13276 11416 10083
Exceptionals 0 4000 459
Total Non-Interest Income 126907 90949 67652
Total Operating Income 335638 257161 218234
Employee Expenses 97473 77859 79326
Other Expenses 59014 48227 38909
Total Operationg Expenses 156487 126086 118235
Operating Profit 179151 131075 99999
Prov. For Investment Depriciatio 7072 -887
Loan Loss Prov 27098 25679
Total Provisions 37346 26687 23749
PBT 141805 104388 76250
Provision for Tax 50594 37098 30838
Net Profit 91211 67290 45412
DU POINT

As % of Avg Assets 2008-09 2007-08

Interest Income 7.57% 7.54%

Interst Expense 5.09% 4.96%
Net Interest Income 2.48% 2.58%
Fee Income 0.90% 0.92%
Treasury&Other Income 1.51% 1.41%
Staff Cost 1.16% 1.21%
Other Operating Expenses 0.70% 0.75%
Pre-Provision Operating Profit 2.13% 2.04%
Provisions & Contingencies 0.44% 0.41%
PBT 1.68% 1.62%
Tax 0.60% 0.58%
PAT 1.08% 1.04%
Avg Assets/Avg NW 15.76 16.03
ROAE 17.05% 16.75%
Capital Adequacy Ratio

2007-08 2008-09

Tier -I Ratio 8.50% 9.40%

Tier-II Ratio 4.40% 4.90%

Capital Adequacy Ratio 13% 14.30%

A measure of a bank's capital. It is expressed as a percentage of a bank's risk weighted

credit exposures. 

his ratio is used to protect depositors and promote the stability and efficiency of financial
systems around the world. 

Two types of capital are measured: tier one capital, which can absorb losses without a
bank being required to cease trading, and tier two capital, which can absorb losses in the
event of a winding-up and so provides a lesser degree of protection to depositors.