Financial Daily from THE HINDU group of publications
Saturday, April 22, 2006
Markets (April 21)
BSE Sensex12030.30(-9.25)
S&P CNX Nifty3573.05 (-0.45)
US Dollar (Buy/Sell)45.14


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MARKETS

MUTUAL FUNDS


AMCs plan to showcase global products in India
Idea is to use international concepts to promote schemes More

FINANCIAL SERVICES


Geojit sees a marked jump in online traders
`As awareness of the software spreads, more and more clients would become active.' More

New SHCIL Services CEO
Mr S. Ramanathan, Executive Vice-President, Stock Holding Corporation of India Ltd (SHCIL), has been appointed as the Chief Executive Officer of SHCIL Services Ltd, an associate company. He has been in the field of business ... More

Capstocks opens branch in Mangalore
The Kerala-based Capstocks and Securities (India) Pvt Ltd opened a branch office in Mangalore on Friday. A press release by the company here said that Mr Vitob S. Nagvekar, Chairman of Komals Group, Mangalore, inaugurated the ... More

STOCKS


Kewal Kiran gains on fund buying
Fund buying drove recently listed Kewal Kiran Clothing Ltd's share price up 4.66 per cent on Friday, dealers said. Foreign fund Goldman Sachs had bought one lakh shares at Rs 305.09 on Thursday. More buying came in on Friday, they said. On ... More

GACL rules firm above Holcim offer price
With the coming Monday being the closing day of Swiss major Holcim's offer for Gujarat Ambuja Cements Ltd (GACL), the market is wondering just how successful it can possibly be. The stock closed at Rs 119.75 on the BSE on Friday well above ... More

Metal stocks fall on global impact
Base metal stocks Sterlite Industries, Hindalco, Nalco and Hindustan Zinc fell on Friday, after global prices of copper, zinc and aluminium declined on the London Metal Exchange over the previous two days. Sterlite Industries shares fell by 2.98 ... More

TECHNICAL ANALYSIS


Volatile movement
Trading activity witnessed volatile movement on Friday. The sentiment reading of the tradable counters remains bullish. Bear pressure on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

STOCK MARKETS


Bulls take a breather
After four bullish days the stock market paused for breath conceding a minor fall even as the benchmark BSE Sensex stayed 793.07 points above last week's close. On Friday, the Sensex wound up 9.25 points lower at 12,030.30. At the BSE, 1,418 ... More

COMMENTARY


Auto, FMCG, pharma, steel stocks gain ground
More

IPOS


SUN TV issue price fixed at Rs 875
The shares of Sun TV will be listed on Monday. The issue price for its recently concluded IPO has been fixed at Rs 875. At 68,89,000 equity shares, the size of the fresh equity issue, as mentioned in the red herring prospectus filed in ... More

PUBLIC OFFER


D.S. Kulkarni plans Rs 550-cr public issue
D.S. Kulkarni Developers Ltd, a real estate development company, is re-entering the capital market with a follow-on public issue of 55 lakh equity shares to raise funds for its new residential and commercial real estate projects, according to Mr ... More
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