Financial Daily from THE HINDU group of publications
Wednesday, July 27, 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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Surana MD, others sell 2.19 pc stake
THE Managing Director of Surana Telecom Ltd, Mr Narender Surana, has informed the BSE that he along with other persons acting in concert (PACs) have sold 4,94,202 equity shares aggregating to 2.19 per cent of the paid-up capital of Surana ... More


Bulls prevail
BULLS extended further pressure over Tuesday's trading activity. The day's market action had very less impact on the top 10 active counters list. The sentiment reading of the tradable counters remains strongly bullish. Bear domination on ... More


Dubai Exchange sees major role for Indian cos
DUBAI seems set to emerge as an investment destination for quite a few Indians. Touted as an international destination in terms of property investment, even in India, Dubai is now getting ready with its first international stock exchange. ... More


The monsoon effect
WITH reports of good monsoon this year, fast moving consumer goods companies' stocks have started attracting market players. Dealers said the interest in the sector is due to good valuation compared to companies in other sectors. The ... More

Eastern Silk active on expansion plans
EASTERN Silk, which had been witnessing huge volumes and price volatility in the last few days ahead of its board meeting on Wednesday, finished 2 per cent lower today at Rs 172.60. According to market sources, the stock was being accumulated ... More

Bank stocks shine as RBI keeps rates unchanged
BANKING stocks moved up as the Reserve Bank of India kept the bank rate and reverse repo rate unchanged in its quarterly monetary policy review announced today. This was second day in a row that banking sector stocks remained firm. The ... More


Outlook may turn positive for Matrix
THE following strategies are based on Tuesday's trading in the derivatives segment on the NSE: Matrix Labs: Buy August futures if it trades above 201. The upside target is 220-222. Initiate the position with protective stop at 195. The ... More


Large-caps drive rally
THE bulls continued their march on the bourses as the markets ended the day scaling yet another new high. While the benchmark Sensex was up 47 points, the Nifty ended with a gain of 11.4 points. The markets opened on a flat note and witnessed ... More
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