Financial Daily from THE HINDU group of publications
Wednesday, June 22, 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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Petro funds ride high on Reliance stock
THE market's euphoria over the Reliance Industries stock has come as a shot in the arm for mutual funds focused on the petrochemicals sector. Reliance, which recently touched the Rs 650-mark, has helped catapult petro funds' net asset values ... More


Bull onslaught
BULLS were in total command of Tuesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More


Sensex zooms past 7,000 — Reliance stocks stay in the limelight
THE bourses continued to be buoyant with the BSE Sensex touching a new high and ending above the 7,000-point mark, as the settlement between the Ambani brothers and the advancing monsoon rains in Mumbai cheered market players. The mood in the ... More

Sesa Goa stock upbeat on strong growth forecasts
THE Sesa Goa stock is active on the bourses over the possibility of continuing strong bottomline growth this fiscal also. After last fiscal's impressive performance by this iron ore and pig iron exporter on global demand and robust margins, the ... More

Himatsingka Seide gains on retail focus
WITH the retail sector being the buzz among the market players, a stock that is being accumulated is Himatsingka Seide, a company engaged in textile business. Dealers said that Himatsingka's retail initiative called Atmosphere, which sells home ... More

Rajesh Exports to split stock
RAJESH Exports Ltd has informed the Bombay Stock Exchange that its board of directors has recommended the splitting of stock of the company from the face value of Rs 10 per share to Rs 2 per share. Following the decision, every shareholder of ... More


Global funds eye mid-cap textile companies
MID-cap textile companies seem to be high on the global investor radar, in the backdrop of buoyant exports in the quota-free regime. Also, a number of domestic companies have started tapping the global markets, both for access to cheaper ... More


Bank, oil and metal stocks lead market rally
THE upbeat mood in the markets helped the BSE Sensex not only breach the 7000-mark but also close above it. Almost all the indices recorded gains, contrary to Monday's losses. Click here for table The previous ... More


General insurers may opt for IPO route to raise capital
The IPO route is now being explored by at least two private sector insurers, especially since the Government has not relaxed foreign equity cap beyond 26 per cent. More

Yes Bank IPO subscribed 26 times
YES Bank's initial public offering, which closed on Tuesday, was subscribed 26 times, according to the NSE Web site. A total of 186.34 crore bids were received against the issue size of 7 crore equity shares. A total of 16.52 crore bids were ... More

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Top Stories
Rlys has no plan to hike tariffs; to take Rs 400-cr hit

Costlier fuel not to push FMCG prices up

TCS to hire 13,500 more

General insurers may opt for IPO route to raise capital

Fresh buying, short covering push gold up

Sri Lankan vanaspati imports hurting local industry: IVPA

India will require 570 planes by 2023: Airbus

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
Jun. 12-Jun. 18
Dividend yield funds are a hit with investors

Corporates lured by MFs

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