The Hindu Business Line : Tuesday, May 10, 2005

Infy ADR issue opens
BANGALORE: Infosys Technologies Ltd's secondary sponsored offering of American Depository Receipts (ADRs) against Indian equity shares opened on Monday. The scheme allows local shareholders to tender their shares, which will then be ... More

TECHNICAL ANALYSIS

Bulls outpace bears
BULLS were in total charge of Monday's trading activity. Their dominance left the bears stranded. The sentiment reading of the tradable counters is strongly bullish with no downtrend counters. Bear domination on Tuesday is likely to terminate ... More

STOCK MARKETS

Bull charge continues as FIIs return — Sensex gains 93 points
STOCK prices continued to move up for the sixth day in a row with the BSE Sensex gaining almost 93 points on revived buying interest both from domestic and foreign investors. Technology stocks that were among the major gainers backed the upward ... More

IT stocks jump on ADS hopes
IT stocks led by Infosys Technologies were among the major gainers after the software firm announced that its second sponsored American Depositary Shares (ADS) will open from today. Buying in top IT companies was on expectation that other IT ... More

Navin Fluorine hits circuit on order talk
THE Navin Fluorine stock on Monday spurted on unconfirmed news that the company has finally struck a carbon trading deal, which will balloon the annual earnings. According market sources, the deal is understood to have paved way for an annual ... More

DERIVATIVES MARKETS

Outlook may turn negative for ICICI Bank, SBI, M&M futures
THE following strategies are based on Monday's trading in the derivatives segment on the NSE: ICICI Bank: The May futures contract closed at 377.40. The outlook may turn negative if the May contract trades below 372.55. The ... More

COMMENTARY

Blue chips drive market rally
THE markets opened on a firm note and maintained the pace throughout the day. Supported by sustained buying in the blue chip stocks, the bellwether indices closed with sharp gains. The markets continued their gaining streak into the sixth day. ... More

IPOS

Saksoft makes strong debut at 261% premium
SAKSOFT Ltd, which listed its shares on the NSE on Monday, opened at Rs 57.70 and closed at Rs 108.30, with the total quantity of shares traded during the day being over 1.39 crores. The closing price was 261 per cent more than the issue ... More

RIGHTS ISSUE

Ramco Systems rights issue
CHENNAI: At the meeting of the board of directors of Ramco Systems held on Monday, it has been decided to raise further capital by issue of equity shares on rights basis for an amount not exceeding Rs 75 crore. The board has also ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Pick a Winner Stock Market Contest

Tobacco: Health Ministry may ban brand extension ads

China's extraordinary export boom

Telephone subscriber base crosses 100 m

As margins shrink and competition hots up — Tier-1 vendors reviewing client profiles: Forrester

Air Sahara in talks with global airlines to increase connectivity

In Focus

BHEL Disinvestment

China's revaluation

Dabhol power regenerated