Financial Daily from THE HINDU group of publications
Wednesday, May 24, 2006
Commodities (May 22 at close)
Gold (per gram) Rs896
Standard Gold (10 gram) Rs9,680
Silver (per gram) Rs20.05
Brent crude (per bbl) Rs3128
Markets (May 23)
BSE Sensex10822.78(+341.01)
S&P CNX Nifty3199.35 (+118)
US Dollar (Buy/Sell)45.56 (-0.03)


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Market recovers; Sensex closes 341 points up
Strong buying by domestic funds and institutions restores normalcy More

`Calm and order have returned'
Genuine long-term investors should stay invested says FM More

Bharat Forge Q4 net up 9.6 pc
To pay 150 pc dividend More

Government studying fresh reforms package
May see greater foreign direct investment flow in retail, insurance sectors More

Delhi-Mumbai calls at 40 paise a minute
Tariff drop on MTNL tie-up with VSNL More

The froth, storm and the calm
Many macroeconomic variables are somewhat in turmoil, and each sudden change in value adds to the systematic risk. Waking up to these, the market in India has healthily cut prices and pushed down the P/E multiple to about 17. The quickness should ca use no surprise as changes in the perception of systematic risk always have an exponential and non-linear impact on prices, says G. RAMACHANDRAN. More

He lost a chunk of his savings
Advice to investors: Don't leverage, don't trade, don't punt More

Govt clears first FDI proposal in retail sector
Moja Shoes-Tano India venture to set up first retail store More

Intel unveils low-cost PCs
Digital divide is quite real in India, says CEO Otellini More

NSE feeds on mobile
Live Market Watch Solutions, a Bangalore-based company, has announced the launch of a software product, which enables mobile users to receive "live" feed from NSE. The product is first of its kind in India, Mr Ganesh Yala, Founder and CEO, ... More

Rlys may resume wheel imports
Needs to import 40,000 wheels to meet wagon procurement target More

Widespread rain in Kerala as monsoon build-up continues
Build-up to the onset of the southwest monsoon continued with most parts of Kerala receiving moderate to heavy rainfall during the 24 hours ending 8.30 a.m. on Tuesday. Kochi Airport recorded seven cm of overnight rain. There has been ... More


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