Business Daily from THE HINDU group of publications
Wednesday, July 19, 2006
Markets (July 18)
BSE Sensex10226.78(-66.44)
S&P CNX Nifty2993.65 (-13.90)
US Dollar (Buy/Sell)46.73 (+0.34)


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MARKETS

MUTUAL FUNDS
Sundaram BNP Paribas MF eyes fixed income segment
Formally announces joint venture More

STOCKS
Micro Tech down on FII selling
Share prices of IT firm Micro Technologies Ltd is on a free fall. On Tuesday, the shares went down 8.21 per cent to Rs 131.95 on good volumes. During the last five trading sessions, the shares have wiped off 28.98 per cent of its value from Rs ... More

Goldiam Intl on buying hopes
Goldiam International Ltd, a Rs 240-crore Mumbai-based jewellery company, is likely to attract investor interest after KB Infin, a non-banking finance company of the Pantaloon Group, bought 10 per cent stake in the company. KB Infin paid Rs 45 ... More

TECHNICAL ANALYSIS
Bearish sentiment prevails
Tuesday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters remain bearish. Bull move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing sentiment ... More

ASSET MANAGEMENT COMPANIES
New HSBC equities head
Mr Mihir Vora has been appointed as the Head of Fund Management - Equities, HSBC Asset Management (India) Private Ltd. In this role, Mr Vora will oversee the day-to-day operations and fund management of the equity funds from the HSBC stable in ... More

COMMENTARY
Capital goods, metals bear the brunt
Bearish sentiment continues with markets declining for the fourth straight day. Leading fall were the stocks of Reliance, TCS and BHEL. The day was marked with volatility, with the Sensex advancing to a high of 10,400 in the early ... More


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