Financial Daily from THE HINDU group of publications
Saturday, August 06, 2005
Markets (August 5)
BL 2502400.53 (+1.08)
BSE Sensex7754 (-43.08)
S&P CNX Nifty2361.20 (-6.60)
US Dollar (Buy/Sell)43.43/43.56
Gold Std (10 gm)6230 (+60)


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PREFERENTIAL ALLOTMENTS


Simplex Concrete to make pref allotment to Mauritius firm
SIMPLEX Concrete Piles on Friday decided to make a preferential allotment of 12.85 lakh equity shares translating into Rs 93.32 crore to Mauritius-based Beethoven Ltd. This amounts to 14.99 per cent stake in the infrastructure solution ... More

MUTUAL FUNDS


Reliance, SBI, ONGC top Fidelity Fund
FIDELITY Equity Fund, which unveiled its portfolio for the first time on Friday, has relied heavily on the banking, petroleum and software sectors, which together constitute about 30 per cent of its assets. Reliance, SBI, ONGC, Bharti and Zee are ... More

TECHNICAL ANALYSIS


Narrow movement
BEARS managed to gain from Friday's range-bound activity. The sentiment reading of the tradable counters stands mildly bearish. Bull domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

STOCK MARKETS


Eveready Ind down as numbers disappoint
EVEREADY Industries was down on Friday on the back of disappointing results. The stock closed at Rs 87.70, down 0.74 per cent over the previous day's close. It had touched its 52-week high of Rs 111 on July 11. Dealers say that the stock is ... More

Crew BOS rises 20% on Q1 results
CREW BOS, an exporter of fashion accessories and home decoration, rose 20 per cent on Friday after the company reported good financial results for the first quarter. The company's decision to enter the domestic retail market under its own ... More

Bell Ceramics: Banking on growth hopes
SOME long-term investors are banking on smooth prospects of Bell Ceramics on a stronger turnaround path tracing the on-going housing boom. The company, which has brought only the preference shareholders on the dividend list, has been seeing a ... More

COMMENTARY


Large-cap stocks suffer sharp losses
AFTER a long winning streak and a sharp uptrend in the last few trading sessions, the markets took a break. Sensex after rallying by nearly 500 points in the last nine sessions ended the week with a loss of 43.1 points. The S&P CNX nifty also .. More
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Top Stories
Hiranandani group to enter Chennai real estate market


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In Focus

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In Depth

Gender Justice
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Looking back
Jul. 24-Jul. 30
Alliance bid adieu note

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`No extension of deadline for revised clause 49 compliance'

Sensex crosses 7700


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