Financial Daily from THE HINDU group of publications
Friday, June 10, 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

Port Info


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MFs may replace the term `IPO' with NFO
INVESTORS in mutual funds have to come to terms with a brand-new expression — NFO (New Fund Offer) — as opposed to the commonly-used IPO (initial public offering), which throws up images of equity issues hitting the primary ... More


CSE delists 4 cos
THE Calcutta Stock Exchange on Wednesday announced that it has removed four companies from the official list and quotations. Indo Rama Synthetics, OCL India, TCI Industries and Star Paper Mills have been de-listed with effect from June 8, upon ... More


Range-bound movement
THE market witnessed range-bound movement for the second successive trading day. However, bulls managed to gain from the day's trading. The sentiment reading of the tradable counters stands bullish. Bear domination on Friday has the potential to ... More


Fund buying props up volumes
THE counter of recently listed software company, Scandent Solutions, witnessed large volumes on the BSE and the NSE. There was also rise in its stock price. The stock closed at Rs 216.55, up 10.77 per cent, on the BSE with a volume of 27.63 ... More


Small reversal likely in ACC, ONGC
THE following strategies are based on Thursday'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


Profit-bookings snap 5-day rally
AFTER recording consecutive gains in five trading sessions, the markets saw some correction on Thursday. Profit-booking among the IT and banking stocks dragged the indices down. While Sensex was down by about 40 points, Nifty closed lower by ... More


Post-IPO, Rabobank to keep 20 pc stake in Yes Bank
THE Netherlands-based Rabobank is expected to retain 20 per cent stake in Yes Bank, after the Initial Public Offer, said Mr Rana Kapoor, Managing Director and CEO. Yes Bank's IPO will open on June 15 and close on June 21. Rabobank's stake ... More
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