Financial Daily from THE HINDU group of publications
Wednesday, June 15, 2005
Markets (July 25)
BL 2502325.28 (+12.27)
BSE Sensex7505.60(+82.35)
S&P CNX Nifty2291.75 (+26.15)
US Dollar (Buy/Sell)43.51/43.63
Gold Std (10 gm)6085 (+35)

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Sahara MF launches Wealth Plus Fund
SAHARA Mutual Fund today announced the launch of Sahara Wealth Plus Fund with the objective of investing in equity of companies that would be wealth builders in the long term. For this scheme, the fund has set a variable fee structure wherein ... More

Need to educate rural population on mutual funds stressed
THE Chairman of Canbank Investment Management Services Ltd, Dr N.K. Thingalaya, has said that there is a need to formulate strategies for the dispersion of mutual funds to semi-urban and rural markets. According to a press release, speaking at ... More


Bulls retain pressure
BULLS maintained their pressure over Tuesday's trading activity. The sentiment reading of the tradable counters stands neutral. Bull move on Wednesday is likely to change the sentiment reading to bullish. On the contrary, it is likely to turn the ... More


LIC to expand portfolio of mid-cap companies
LIFE Insurance Corporation of India is looking at expanding its equity investment in mid-cap companies, according to Mr K. Sridhar, Managing Director, LIC. At present, LIC has investments in 90 mid-cap companies, covering several sectors ... More

Bell Ceramics active on gas supply hopes
THE Bell Ceramics stock saw an upward price movement with huge volumes on Tuesday on the back of improvement of gas supplies to its plant near Vadodara. According to dealers, the gas supply to one of the two plants was causing a bottleneck ... More

Media stocks hog limelight
A VARIED mix of media and entertainment stocks has been attracting investor attention over the past few sessions as both valuations and fundamentals look good. They include companies in broadcasting, content providers and cable business. The ... More


Outlook may turn positive for Maruti, Tata Tea
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Maruti Udyog: The June futures contract closed at 435.50. The outlook may turn positive if the June contract trades above 445. The upside ... More


HLL gears up to tackle investor service glitches
HINDUSTAN Lever Ltd (HLL) has started working on an exercise to solve what have collectively snowballed into a major issue for India Inc - problems associated with investor servicing. The company has mandated its registrar Karvy to line up a ... More


Late buying keeps indices in positive zone
ON Tuesday, a cautious mood prevailed in the early part of the trading session with most of the indices moving in the negative territory. Net selling of about Rs 2,100 crore by FIIs appears to have caused the downtrend in the markets in the ... More


Nectar Lifesciences fixes IPO price band at Rs 200-240
THE price band for Chandigarh-based Nectar Lifesciences Ltd's forthcoming initial public offering has been fixed at Rs 200-240 per equity share of Rs 10 each. The company looks to raise about Rs 90 crore through its IPO that is scheduled to ... More
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