Financial Daily from THE HINDU group of publications
Thursday, August 25, 2005
Markets (August 24)
BL 2502330.24 (-10.10)
BSE Sensex7612 (-3.99)
S&P CNX Nifty2322.50 (-3.60)
US Dollar (Buy/Sell)43.69/43.82
Gold Std (10 gm)6275 (-10)

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Peninsular Capital branches
KOCHI: As part of expanding Chennai based operations, Peninsular Capital Marketing Ltd has opened three new branches in Chennai. The new branches are located at Soukarpet, Saligram and Red Hills. Peninsular, which already operates a ... More

MUTUAL FUNDS


Taurus Discovery cashes in on mid-cap stocks' rally
TAURUS Discovery Stock, which has returned less than three per cent over 11 years, its lifetime, has emerged as the No. 1 diversified fund in the past one year, with a surprising score of 125 per cent. The fund, which claims to be picking up ... More

STOCKS


NDTV's foreign holding could touch 26 pc
THE Prannoy Roy promoted New Delhi Television Ltd (NDTV) today informed the Bombay Stock Exchange that the foreign holding in the company would reach 26 per cent if the Government gives its nod for transferring 15 per cent equity to daughter Ms ... More

TECHNICAL ANALYSIS


Bears prevail
BEARS maintained their pressure over Wednesday's trading. Their supremacy for the third successive trading left the bulls stranded. The sentiment reading of the tradable counters remains strongly bearish with no uptrend counters. Bull domination ... More

STOCK MARKETS


Retail stocks losing sheen?
Valuations are getting stretched for retail stocks, claim brokers. With increased footfalls in malls and robust revenue growth, retail stores were deemed as growth investments. Brokers say that interest in the stocks was across the board, with ... More

Flextronics up on higher offer price hopes
FLEXTRONICS Software Systems has been rising constantly. In the last one month, the stock rose 10 per cent. On Wednesday, the stock closed at Rs 669.80, up 1.79 per cent on the BSE, with volumes of 40,605 shares; on the NSE, it closed at Rs ... More

COMMENTARY


Concern over crude dampens sentiment
A NEGATIVE sentiment continued to prevail in the market, consequent to the new highs registered on several stocks and FIIs expressing that the Indian markets do not continue to be as attractive as they were prior to the sharp bull run witnessed ... More
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