Financial Daily from THE HINDU group of publications
Wednesday, September 07, 2005
Markets (Sept 6)
BL 2502403.57 (+5.40)
BSE Sensex7946.78 (+21.54)
S&P CNX Nifty2428.65 (+5.70)
US Dollar (Buy/Sell)43.85/43.98
Gold Std (10 gm)6375 (-5)

Port Info


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SSI open offer at Rs 45
PROMOTERS of SSI Ltd have made an open offer to acquire 20 per cent of the company's outstanding shares at Rs 45 each. SSI is in the process of restructuring its operations and plans strategic investments to explore short to medium-term ... More


Mixed trend in oil stocks
THE announcement of the price hike in petrol and diesel saw magnified activity in oil and petroleum scrips. Though trade ended as a mixed bag for the sector, most counters saw hectic buying during the day, with some scrips slipping at end of ... More

Essar Shipping moves in a narrow range
IS Essar Shipping overvalued? Some market analysts and players think the stock is undervalued and the price does not seem to reflect the fundamentals it carries. The counter has recently been moving between Rs 40 and Rs 46, which is its 52-week ... More

Noble Explochem rises on bio-diesel prospects
THE stock price of Noble Explochem, a chemical and horticulture company, has been rising over the last few days on its plans to focus on horticulture business, especially plants for making bio-diesel, and several orders from oil companies for one ... More


Sideways movement
TUESDAY's market action witnessed sideways movement. However, the sentiment reading of the tradable counters remains bullish. Bear domination on Thursday is likely to change the sentiment reading in their favour. On the other hand, the ... More


Net-based trading gaining momentum
According to estimates, currently around 10 per cent of the daily turnover in the cash segment of the BSE and the NSE is generated through Net trading. More

Distribution pushes it to zenith
WITH reports suggesting that Zenith Computers is the second largest distributor of computer hardware in the country, the stock has come into the radar of investors and operators. The stock, which has been zooming up on buying interest, touched ... More


CLSA Fund picks up 5.4% in Apar Ind
APAR Industries, a company into speciality oil and aluminium conductors, today said that Shinny Ltd, a private equity fund managed by CLSA has subscribed to 34.45 lakh convertible preference shares at Rs 185 aggregating Rs 63.75 crore. These ... More


Cautious markets end with record gains
THE markets witnessed volatile trading on Tuesday but managed to close with a record of 7,946.8 points — up 21.5 points or 0.3 per cent. After a strong opening, broad-based selling brought the Sensex down to a low of 7,914.4. Bullish ... More
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Top Stories
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In Focus

BHEL Disinvestment
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Dabhol power regenerated
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In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Aug. 28-Sep. 3
MFs keep away from oil stocks

Net trading still on low key at stock exchanges

LIC to invest Rs 9,000 crore more in equities this fiscal — No plans for public issue, says Chairman

UTI ULIP's asset base swells

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