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Friday, April 30, 2004

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MARKETS

MUTUAL FUNDS
MFs with unlisted securities draw investor interest
UNLISTED securities held by mutual funds are suddenly in focus with a section of investors, enthused by the likes of Biocon and NDTV, discreetly trying to identify possible listing candidates among them. Biocon is currently listed on the stock ... More

TECHNICAL ANALYSIS
Volatile movement
THE sentiment reading of tradable counters stands mildly bearish. Bull domination on Friday is likely to change the reading in their favour. Nifty futures recommendation: The May contract opened with a bear gap of six points and went ... More

STOCK MARKETS
Metal stocks hit by China cool-off news
STOCKS of the local commodity companies, particularly steel, today reacted negatively to the world-wide shock wave that has shaken commodity and stock markets overnight on the news that China was determined to put a break to its overheated ... More

Thiru Arooran stock rises on turnaround
THE stock price of Thiru Arooran Sugars has risen by over 185 per cent since the beginning of this month mainly due to the company coming out of red in the March quarter. For the quarter, the company reported net profit of Rs 9.28 crore ... More

Merger news smoothens run
THE counter of IBP gained on Thursday following the announcement of its merger with Indian Oil Corporation. Markets talk has it that the merger ratio is likely to favour the shareholders . According to dealers, IBP shareholders may get 1.4 to ... More

Hutch introduces stock trading desk on mobiles in Mumbai
It makes available to stock market participants the complete suite of dealing desk trading functionalities on a mobile. More

DERIVATIVES MARKETS
Outlook positive for SBI, Tata Tea
The following strategies are based on Thursday's trading in the spot and derivatives segments on the NSE: SBI: The stock closed at Rs 639 in the spot market. The primary trend appears positive. The upside price target is Rs 680. The ... More

COMMENTARY
Sensex slips on negative sentiments
NEGATIVE sentiments continued to prevail in the markets as the benchmark BSE Sensex closed Thursday's trading on a negative note. The sharp fall in the key index heavyweights Reliance Industries and Infosys Technologies dragged the index down by ... More

ECONOMIC OFFENCES

  • Court convicts Dhan Raj Agro, promoters
    Stock Quotes
    SE Diary



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