Financial Daily from THE HINDU group of publications
Monday, December 12, 2005
Markets (December 09 at close)
BSE Sensex9067.28(+160.97)
S&P CNX Nifty2756.45 (+49.75)
US Dollar (Buy/Sell)46.19/46.20



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Karvy opens new trading hall in Vizag
KARVY Stock Broking Ltd is expanding its branch network aggressively and by the end of the financial year it aims to have 550 branches, according to Mr T.S. Harihar, the head, Derivatives. He was speaking to the press here on Sunday after the ... More


Close-end schemes - Not preferred ones?
A SUDDEN interest in close-end schemes has prompted some sections to take a closer look at these products. As things stand, the close-end genre is quite limited in terms of number and diversity. But this has not prevented the curious mind to ... More


Cross-holding in IOC, GAIL — ONGC drops buyback plan, may divest stake in market
THE issue of unlocking of cross-holdings among three major oil PSUs — ONGC, GAIL and Indian Oil is fast reaching a new turn. According to highly-placed sources, ONGC has not only dropped its plan for buyback of shares from IOC and GAIL, ... More


Bulls don't win bullfights, people do
Jogin watched anxiously fiery visuals of oil-depot blasts in London. Khan surfed the Web for international trade statistics. Dakshinamoorthy studied satellite images to check for new cyclones in the offing. But Sridevi remembered to summon them ... More

Patni Computer makes debut at NYSE
INTEL seemed to have spoiled the mood for the US bourses by announcing insipid sales forecast; the US markets tumbled even after a report showed the biggest two-month increase in consumer confidence in more than two years. The Dow average ... More


SEBI tracking `abnormal' stock price movements
BUOYED by the success in cracking the whip on jacked-up penny stocks and saving thousands of gullible investors, the Securities and Exchange Board of India (SEBI) has further strengthened its surveillance system for `early detection' of ... More


`Online brokers are not severely constrained by security issues'
IDBI Capital Market Services is readying for new businesses, Mr Sushil Muhnot, MD & CEO, tells Business Line. Excerpts: What are the new businesses that IDBI Cap may foray into in future? We are now the second largest ... More


As liquidity dries up — Volatility, profit taking may check bull run
THE local bulls appear set to make a directional call for the Dalal Street. Despite strong volatility and profit booking tendencies, the benchmark indices took an upward move primarily because a section of market players pressed for strong index ... More
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Top Stories
Bankers shuffle long-dated bonds

Left parties preparing plan to identify sources to fund NIF — To press for review of Govt sops to industrial units

BJP meet may focus on VAT revenue loss compensation and CST phase-out

Close-end schemes - Not preferred ones?

Bulls don't win bullfights, people do

India-China combine faces tough competition in Syrian oil stake bid

In Focus

Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Dec. 4-Dec. 10
FMCG funds top list of performers, gilts at bottom

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