Financial Daily from THE HINDU group of publications
Thursday, June 09, 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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NSDL's debt instrument a/cs cross 1 lakh mark
THE number of accounts with debt instruments at National Securities Depository Ltd (NSDL) is now stands over the one-lakh mark. At last count, this figure, which had been inching ahead, was roughly 1.22 lakh. This, however, is still a small ... More


Equity funds scaling up FMCG holdings
DIVERSIFIED equity funds seem to be turning overweight on the FMCG sector in a bid to outdo each other. The trend is an offshoot of the superior performance that select FMCG stocks have delivered lately. A number of funds are known to have ... More


Narrow movement
WEDNESDAY'S trading activity witnessed narrow movement. Neither bulls nor bears could gain much from the day's trading. The sentiment reading of the tradable counters stands neutral. Bears and bulls are equally poised to capture the sentiment ... More


Tera Soft buzzing on de-merger
Dealers say that the interest in this stock is on speculation that existing shareholders will be allotted shares in the de-merged real estate arm of the company. The company's board has approved in-principle to de-merge the company's real estate ... More

Assam Co hits circuit on oil biz prospects
THE stock price of Assam Company Ltd, engaged mainly in tea business, is on an upward move in the last two days after it announced that its oil and gas division has commenced extraction work in Assam. The stock price of the company was locked ... More


Small reversal likely in ICICI Bank, Satyam
THE following strategies are based on Wednesday'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


US fund buys 42.5 pc stake in Indiabulls arm
AMAPROP Ltd, a subsidiary of the US-based investment fund Amaranth Advisors Llc, has picked up 42.5 per cent stake in a subsidiary of Indiabulls Financial Services Ltd. The fund has paid Rs 131 crore for 32.33 lakh equity shares of Indiabulls ... More


IT, bank stocks rally takes Sensex to 3-month high
UNABATED buying interest in the IT and banking stocks helped the markets put on a smart show as they ended the day with strong gains. Strong rally in the stocks of ICICI Bank, Infosys, Reliance Energy and Satyam Computer kept the ... More
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