Financial Daily from THE HINDU group of publications
Thursday, May 18, 2006
Markets (May 17)
BSE Sensex12217.81(+344.08)
S&P CNX Nifty3635.10)(+111.80)
US Dollar (Buy/Sell)45.22 (-0.28)

Cross Currency


Group Sites



Open offer for MphasiS BFL shares
Citigroup Global Markets India Pvt Ltd acting on behalf of TH Holdings along with Electronic Data Systems Corporation has advanced the open offer schedule for acquisition of MphasiS BFL Ltd shares from existing shareholders. The ... More


MFs try to be different with hedge options
`Investors will make losses even when the markets are going up' More


Regional rural banks to market MF units
Considered a profitable avenue; scope to expand business More


Aksh Optifibre high on MF buying
The Rs 5-face valued Aksh Optifibre stock is inching ahead, a trend being attributed partly to buying by mutual funds. On Wednesday, the counter closed 6 per cent higher at Rs 86 on the NSE. Trading volumes these days are also looking up, ... More

Rana Sugars' GDR issue lists on Dubai exchange today
Rana Sugars Ltd, a North India-based sugar refiner, will on Thursday become the second Indian company to list on the Dubai International Financial Exchange (DIFX). Rana Sugars is listing GDRs following an $18-million capital-raising exercise. ... More

Electrosteel up on overseas issue
The Electrosteel Castings scrip, which rose 4 per cent to close at Rs 406 on the NSE, has gained in the wake of talk that the company has worked out an overseas issue. The stock, which is still some way off its 52-week peak of Rs 490, is however ... More


Bull domination
Bulls dominated Wednesday's trading activity. The sentiment reading of the tradable counters turned mildly bullish. Bull pressure on Thursday is likely to strengthen the prevailing sentiment reading. On the contrary, the sentiment reading is ... More


Metal recovery pushes Sensex up


`No FII buying in Ashok Leyland'
The RBI has notified that no further purchase of equity shares of Ashok Leyland should be made on behalf of foreign institutional investors through primary and secondary markets without the permission of the central bank. Ashok ... More


Dawnay Day bullish on infrastructure
Offers clients classic portfolio and opportunity-led portfolio More

Sensex year-end target is 11K: JP Morgan
India would not see a massive sell-off but could be regional underperformer More


Metal stocks stage sharp recovery
India emerged the leader in the market rally across Asian markets on Wednesday. With a gain of 344 points, its biggest rise in eight months, the BSE Sensex has managed to recoup much of the loss it suffered on Monday's trading session. Metals ... More


XL Telecom files prospectus with SEBI for public issue
XL Telecom Ltd, a Secunderabad-based company, has filed draft red herring prospectus with SEBI to raise funds to meet expansion plans. The company is set to shortly come out with a public issue of 39 lakh shares and plans to raise funds through ... More
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Top Stories
The Left: Getting it right

Tax breaks for donations to political parties may be removed

Regional rural banks to market MF units

RBI Act amendments: `Positive for banking sector'

Petroleum, gas regulatory board to be in place soon

Now, Pakistan buying Indian chana

Reservations: Let down by weak data

GMR begins work on Hyderabad airport project

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk

Looking back
May. 7-May. 13
Banning Karvy may create monopoly in MF registry

Buy `n' sell of FIs, FIIs in Nifty stocks

Bhoruka Financial Services could have a bearing on DLF IPO

Quibbling over QIBs

Reliance Petro debuts on BSE at 70 pc premium

DLF files draft prospectus with SEBI

Govt tough talk weakens cement counters

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