Financial Daily from THE HINDU group of publications
Saturday, June 04, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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IDBI sells 2 pc stake in NFCL
HYDERABAD: IDBI has sold 83.59 lakh shares held in Nagarjuna Fertilisers & Chemicals Ltd (NFCL), amounting to 2 per cent of holding. NFCL has informed the stock exchanges that IDBI was holding more than 5 per cent of the shares and ... More


Bulls prevail
BULLS were in total command of Friday's trading activity. However, this had little impact on the top-10 tradable counters. The sentiment reading of the tradable counters stands mildly bearish. Further bull pressure on Monday is likely to change ... More


Sensex gains 93 points on value buying
STRONG buying led by institutional investors helped the bourses recover significantly after Thursday's downslide. Value buying, especially in IT scrips and fresh speculation that the Ambani brothers are close to a resolution to their ownership ... More

Munjal Auto's four-wheeler foray buzz perks up stock
MARKET has got wind of the fact that Munjal Auto, a leading two-wheeler forgings maker, is making a foray into the four-wheeler forging segment in a big way. The stock today moved up by 6.41 per cent to close at Rs 161.75, the day's high with ... More

Lupin betting on new product talk
THE pharmaceutical stock Lupin Ltd was a big buzzer at the bourses on Friday. Dealers say the company is expected to make some announcements that would buoy the business fundamentals of the company. Dealers speculate that this is likely to be ... More

VisualSoft riding on sound prospects
The VisualSoft stock is ruling firm on expectation of improving fundamentals of the company, including its BPO business, during the current fiscal. The counter moved up by about one per cent to close at Rs 119.85. From a 52-week low of Rs 105 ... More


Small reversal likely in Century Textiles, HDFC Bank
THE following strategies are based on Friday's trading in the derivatives segment on the NSE. These strategies are constructed to take advantage of small reversal in futures prices. The positions may run counter to the primary trend. ... More


Reliance, Infosys lead rally
IN stark contrast to the wave of profit booking that was witnessed on Thursday, markets ended Friday on a euphoric note. Strong buying in index heavyweights such as Reliance and Infosys propped up the indices. The stocks of ... More


Two investment cos largest stakeholders in Uniply Industries
TWO little-known investment companies in Kolkata have surfaced as the largest stakeholders of Uniply Industries, which is slated to enter the capital market through its maiden offer. Uniply Industries is issuing 50 lakh shares at a premium ... More

Vybra Auto plans to tap market
HYDERABAD: The board of directors of Vybra Automet Ltd has decided to raise Rs 21 crore through capital market for the proposed expansion. The company informed stock exchanges that the board has also decided to seek shareholders' ... More

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Top Stories
NBFCs allowed to borrow overseas

Fiat India looks to steer back with renewed efforts

NEC forms joint venture with HCL Tech to develop tools

Mines Ministry against disinvestment of Nalco

Hatchet to come down on indirect tobacco advertising

Campco wins order to export arecanut to Pak

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
May. 22-May. 28
SEBI putting in place new market surveillance system

Short-covering may lift benchmarks

Infosys ADS priced at $67; response huge

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