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Saturday, May 14, 2005

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INSIGHT


Attack of nerves hits Western markets
THERE IS an eerie nervousness in Western financial markets and this was reflected in stock markets and hedge funds moving downwards, amid investor concern about the fiscal health of the US economy, the declining value of the dollar in the ... More

MUTUAL FUNDS


ING Mutual mops up Rs 200 crore from Mid-cap Fund
ING Vysya Mutual Fund has collected over Rs 200 crore in the initial public offering of its equity fund, "ING Vysya Midcap Fund". The fund will be investing in around 40 select stocks. The IPO of the fund, which closed on May 9, received ... More

STOCKS


Citicorp divests 15.47 pc in IVRCL
CITICORP International Finance Corporation has sold 31,20,416 equity shares aggregating to 15.47 per cent of the share capital of IVRCL Infrastructures & Projects Ltd during this week. The company has sold 23 lakh shares on May 9 and 8,20,416 ... More

TECHNICAL ANALYSIS


Narrow movement
FOR the second successive trading day, the market witnessed range bound movement. The sentiment reading of the tradable counters remains neutral. Bull move on Monday is likely to change the sentiment reading in its favour. Otherwise, the ... More

STOCK MARKETS


Active buying seen in Carborundum Universal
THE stock of Carborundum Universal, a company into manufacturing of abrasives, has been in accumulation mode. On Friday also, there was active buying in the counter. The stock gained 7.15 per cent at Rs 144.65 on the BSE with volumes of one lakh ... More

Investment programme from CNBC-TV18
BUSINESS news channel CNBC-TV18 is offering a learning programme on investment, business and finance through video conferencing. The fee-based video conferencing programme - MasterClass - will be hled in 21 cities including Coimbatore ... More

DERIVATIVES MARKETS


Outlook negative for Ranbaxy, Nifty; positive for OBC
THE following strategies are based on Friday's trading in the derivatives segment on the NSE: Ranbaxy Labs: The May futures contract closed at 983. The outlook may turn negative if it trades below 978.55. The downside target range is ... More

FOREIGN INSTITUTIONAL INVESTORS


T Rowe Price sells shares worth Rs 445 cr in multiple deals
FOREIGN institutional investor (FII) T. Rowe Price International on Friday sold shares of Zee Telefilms, Tata Tea, LIC Housing Finance and Welspun India for a total consideration of Rs 445 crore on the BSE in several bulk deals. Most of these ... More

REGULATORY BODIES & RULINGS


SEBI postpones implementation of risk mgmt to May 30
THE Securities and Exchange Board of India has extended the timeframe for the implementation of risk management for stock exchanges to May 30 instead of the earlier May 18. SEBI, in a circular to stock exchanges, said in view of the ... More

COMMENTARY


Index heavyweights drive downtrend
BEARISH sentiment, rising rupee and the weakness in global markets kept the investors cautious as the markets ended the week in negative territory. The fall in index heavyweights of Satyam, Infosys, Reliance, ONGC, Wipro, Maruti, SBI, Grasim, ... More

IPOS


PowerGrid plans IPO in Sept — Likely to offer 10 pc equity
THE State-owned Power Grid Corporation of India Ltd (PGCIL), the country's largest power transmission company, is planning to come out with an initial public offering (IPO) of shares in September. "We are open to an IPO. We are in discussion ... More

OUTLOOK


MSCI raises India's weightage marginally — 13 new stocks included
MSCI, a leading provider of information on indices, has increased the weightage of India in its Emerging Markets Asia index marginally to 5.42 per cent from 5.41 per cent. In the India specific Index, MSCI has included 13 stocks and removed ... More
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Top Stories
MSCI raises India's weightage marginally — 13 new stocks included


`Banks must recognise credit rating of SSIs by independent agencies'

Unisys plans expansion; second unit by year-end

Car sales up 13.6 pc in April; CVs down 15 pc

Marginal rise in biz confidence index

Chinese textile exports to US dive 21 pc in March

Coal shortage hits Rlys' freight movement plans

The fluster in FBT

In Focus

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

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
May. 1-May. 7
Looking for buying support

LIC to focus on equities, may scale up exposure

Turnover, volumes dip on bourses

IGF seeks probe into alleged price rigging in 3 banks


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