Financial Daily from THE HINDU group of publications
Wednesday, April 13, 2005

Port Info


Group Sites



Open offers fail to click as market prices rule higher
THE recent buoyancy in the stock markets does not seem to augur well for open offers. Some of the open offers made by companies have not evoked good response from shareholders primarily because the market price has been ruling above the offer ... More


`Exempt stockbroking franchisees from service tax'
WITH nearly 9,000 sub-brokers hawking equity related products being brought under the service tax net, the stock market players dread the paper work they will have to do, which, in their opinion, is not going to bring any additional ... More


Cholamandalam lines up dynamic index fund
CHOLAMANDALAM MF has lined up a scheme for investing in all the stocks that comprise the S&P CNX Nifty regardless of their weightage in the index. The proposed Chola Dynamic Index Fund will try to generate capital appreciation by allocating up .. More

UTI Venture's Ascent India Fund targets mid-cap cos
UTI Venture Funds has announced the first closure of Ascent India Fund, a Rs 700-crore private equity fund. The new fund, which will have a mid-market focus, will identify promising Indian companies. The key investment theme will be India's ... More


Mobius spots 4 best of India cos
TEMPLETON'S emerging markets specialist Dr Mark Mobius has picked up four companies that are said to reflect the best of India's corporate sector. The selection — Tata Tea, HPCL, HLL and GAIL — forms part of a study based on the ... More


Bear-run arrested
TUESDAY'S market action resulted in reducing the bear count by a considerable margin. However, the sentiment reading of the tradeable counters remains bearish. Bull move on Wednesday is likely to change the sentiment reading in their favour. ... More


EIH gains on turnaround hopes
THE counter of EIH Associated Hotels Ltd, an Oberoi group outfit, has begun to move up on hopes of a smart turnaround. The stock gained by 1.44 per cent on Tuesday to finish at Rs 67 on the BSE and attracted a traded volume of 2.52 lakh ... More


Outlook positive for HCL Tech, negative for HPCL
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: HPCL: The April futures contract closed at 322.50. The outlook may turn negative if it trades below 317. The downside target range is ... More


Sensex recovers thanks to buying in tech, bank stocks
AFTER witnessing a heavy selling pressure for three consecutive days, the benchmark stock indices opened on a positive note on Tuesday. Led by an upward trend in the tech stocks that shined today, the BSE Sensex registered a gain of one per cent ... More


India Infoline fixes IPO price band at Rs 70-80
INDIA Infoline, a leading retail investment advisory and intermediary company, has fixed a price band between Rs 70 and Rs 80 for its forthcoming public issue. The company is coming out with public issue of 1.18 crore shares with a face value ... More
Stock Quotes
SE Diary

Comments & Letters to the Editor to:
Subscribe to: Business Line
Pick a Winner Stock Market Contest

Top Stories
Tata Steel plans capacity expansion at units in China

VAT confusion strikes coconut oil prices

Apollo Tyres hikes prices by 3-4 pc

Govt may allow 20 pc FDI in FM radio broadcasting

OBC recovers part of Global Trust NPAs

Indian cos going slow on promoting Valdecoxib

Corporation tax mop-up touches Rs 83,311 cr

Mobius spots 4 best of India cos

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Apr. 3-Apr. 9
Abhimanyus of the financial markets

Current market valuation is not expensive: UTI

Chidambaram wants brokers to corporatise

FMC asks NCDEX to explain delay in imposing margin on guarseed contracts

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line