The Hindu Business Line : Tuesday, April 05, 2005

Welspun India allots 90.79 lakh shares to Temasek Holdings
WELSPUN India Ltd on Monday said it has allotted 90.79 lakh equity shares to Dunearn Investments (Mauritius) Pte Ltd, a wholly owned subsidiary of Temasek Holdings of Singapore at a price of Rs 130.25 per share, aggregating Rs 118.26 ... More

TECHNICAL ANALYSIS

Range-bound movement
MONDAY'S trading witnessed range bound movement. However, bulls managed to gain from the day's trading. The sentiment reading of the tradable counters stands bullish. Bear domination on Tuesday is likely to change the sentiment reading in their ... More

STOCK MARKETS

Rising crude ignites oil drilling stocks
WITH international crude price crossing the $58-mark per barrel, oil drilling companies such as ONGC and Hindustan Oil Exploration Company Ltd (HOECL) are in demand at the stock markets even asthere is a concern over rising oil prices in ... More

Betting on promoters' move
LOSS making and cash strapped Bhageeratha Engineering's promoters are understood to be looking for strategic partners to raise funds to serve its orders. According to market sources, the company has orders worth over Rs 650 crore in its kitty. ... More

COMMENTARY

Sensex ends flat in lacklustre trading
IT was a dull day for the markets on Monday. After greeting the fiscal year with a jubilant note on Friday, the sentiment appears to have turned cautious yet again, with anticipated spikes in crude prices threatening to dampen it further. With ... More

IPOS

Allahabad Bank IPO price band at Rs 75-82
ALLAHABAD Bank has fixed the price band for its forthcoming issue of equity shares between Rs 75 and Rs 82. The issue opens on April 6 and will close on April 12, said a press release from the bank. The bank proposes to issue 10-crore equity ... More

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