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Tuesday, May 24, 2005

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JRG Securities sees potential in West Asia
KOCHI-based JRG Securities Ltd, a brokerage firm, wants to explore the investment potential of Indians in West Asia. The Managing Director of JRG Securities Ltd, Mr Regi Jacob, told Business Line on Monday that the brokerage firm is ... More

TECHNICAL ANALYSIS


Bull domination
BULLS were in total command of Monday's trading activity. The sentiment reading of the tradable counters stands bullish. Bear move on Tuesday is likely to reduce the bull count by a considerable margin thereby neutralising the sentiment reading. ... More

STOCK MARKETS


Oil, tech stocks lead bull run
RENEWED buying interest, especially in oil and technology stocks, ensured a day for the bulls in the bourses. The Sensex netted a gain of 40.33 points to close at 6,539.83, well above the psychological level of 6,500. The BSE's 30-stock ... More

Steel stocks ease on weak prices
AFTER a dream run for more than two years, steel stocks have started cooling down, particularly in view of the fact that imports are going up following softening of international prices. On Monday, despite a buoyant market with the Sensex ... More

Shaw Wallace down post-offer
THE stock of Shaw Wallace & Company has been on a downward move in the last one week. The stock has lost 20 per cent during this period. On Monday, the stock was down 7.77 per cent at Rs 167.85 on the BSE with volumes of 2.51 lakh shares. ... More

Welspun Gujarat trading to resume from today after merger
TRADING in the shares of Welspun Gujarat Stahl Rohren Ltd (WGSRL) will recommence on the National Stock Exchange and the Bombay Stock Exchange on Tuesday, following the merger of Eupec-Welspun Pipe Coatings India Ltd and Welspun Gujarat Stahl ... More

DERIVATIVES MARKETS


Small price reversal likely in BHEL, ONGC
THE following strategies are based on Monday's trading in the derivatives segment on the NSE. The strategies are constructed to take advantage of small reversal in futures prices. These positions may run counter to the primary trend. Protective ... More

COMMENTARY


Widespread action in small- & mid-cap stocks
While the Sensex gained 40 points, Nifty was up by 21.5 points. Unabated buying interest coupled with upward rally in the global markets was instrumental in the indices gaining significantly. Click here for table The ... More

IPOS


Shoppers' Stop debuts on strong note at bourses
SHARES of Shoppers' Stop Ltd soared on the bourses on the day of its listing today. The stock, which made its debut on the BSE and the NSE, started trade at Rs 335.50. It rose to an intra-day high of Rs 419.80, up by over 76 per cent from its ... More

Mangalam Drugs gains 54 pc over issue price
SHARES of Mangalam Drugs & Organics Ltd made their debut on the Bombay Stock Exchange at Rs 30, higher than the issue price of Rs 22. The company had raised Rs 14.3 crore through an initial public offering. The shares touched a high of Rs ... More

Beeyu Overseas gets BSE nod for listing
AFTER the second public issue, which is scheduled to hit the market during this week, Beeyu Overseas Ltd will have its shares listed on the Bombay Stock Exchange. This was announced by Mr B.P. Singh, Chairman and Managing Director of the ... More


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