Financial Daily from THE HINDU group of publications
Friday, July 22, 2005
Markets (July 21)
BL 2502280.28 (-15.62)
BSE Sensex7304.32 (-38.57)
S&P CNX Nifty2230.50 (-11.40)
US Dollar (Buy/Sell)43.46/43.59
Gold Std (10 gm)6030 (+30)

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T. Rowe Price plans foray into Indian market
T. Rowe Price, one of the world's leading fund houses, is weighing the possibility of entering the Indian market. It is known to have already initiated exploratory moves, including meetings with key people associated with the local mutual fund ... More

`Not an impressive show by new fund offers'
HERE is a pointer for those who plan to invest in new equity funds: Funds launched since the beginning of this calendar year, including the ones that clocked hefty collections, have mostly turned in indifferent performance since inception. A ... More


Nicco Corp shines on growth hopes
NICCO Corporation on Thursday closed at its upper circuit on the BSE with a traded volume of 3.78 lakh shares on improvement in growth prospects and implementation of the corporate debt restructuring plan soon. According to analysts, the power ... More


Bears prevail
BEARS were successful in restricting the bulls from making further gains on Thursday. They gained considerably from the day's market action. The sentiment reading of the tradable counters stands bearish. Bull domination on Friday is likely to ... More


`Yuan appreciation to help Indian market'
CHINA'S move to revalue its currency yuan, much below the market expectation, will have a positive impact on the Indian equity market as it will bring in more funds from FIIs and put less pressure on rising interest rates, market experts ... More

She's a tough rookie
She may be no seasoned investor, but Asha Todarwal faces fickle market forces with nerves of steel. More

Automotive Stamping shines on price hike talk
AUTOMOTIVE Stamping, a Tata Group company and supplier of stamping products to Tata Engg and a few other vehicle manufacturers, is moving ahead fuelled by the market rumour that Tata Engg has yielded to a decent price revision for products. ... More


First Global acquires Way2Wealth Securities
W2W is engaged in equity broking, mutual fund distribution, insurance sales and wealth management. It operates through a nationwide spread of 55 branches, employs over 500 people and has a base of about 75,000 clients. First Global is a ... More


Investor awareness meet in Mangalore
MANGALORE: The Mangalore branch of the Institute of Chartered Accountants of India (ICAI), in association with St Aloysius College Alumni Association, will conduct a talk on `Investor protection and awareness' in Mangalore on July 23. ... More


Broadbased profit-taking weakens market
AFTER opening on a firm note, the stock markets quickly lost steam during the day's trading. The BSE Sensex closed 38 points lower at 7,304 levels, after touching an intra-day high of 7,380 points. The CNX Nifty closed 11 points lower at 2,230 ... More


Radhakrishnan Nair is new SEBI ED
MUMBAI: Mr Radhakrishnan Nair has taken charge as Executive Director in SEBI . Mr Nair will be in charge of general services department, research department, office of the investor assistance and education, integrated surveillance department ... More
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Top Stories
Sugar mills get Nabard package on debt

Govt fixes floor price for e-auction of coal

Rajeev Chandrasekhar may tune into FM radio

Yuan revaluation: IT companies see no major impact

Yuan effect: Rupee may strengthen

No let-up in movement of ore to steel plants

Financial sector reforms no help to real economy

In Focus

Dabhol power regenerated
China's revaluation
Tracking the rains
Sethusamudram Canal Project
Indo-S'pore Economic Treaty
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Jul. 10-Jul. 16
No active following for passively managed funds

Union Bank stock returns 124 pc

Pvt equity firms' investment surges

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