Business Daily from THE HINDU group of publications
Friday, July 28, 2006
Markets (July 27)
BSE Sensex10741.59(+124.32)
S&P CNX Nifty3156.15(+46)
US Dollar (Buy/Sell)46.63(-0.21)


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MARKETS

MUTUAL FUNDS
MFs & 10K jinx
Whenever the BSE Sensex dips below the 10,000-mark, the market has been witnessing vigorous buying from the domestic funds, pushing the Sensex above the psychological mark almost immediately. According to traders, domestic funds fear that ... More

STOCKS
ITC: Betting on growth
The ITC stock has been witnessing quiet accumulation in recent times from select quarters. According to brokers, the increased activity followed several broking houses coming out with `buy' recommendation on the stock. The stock was under ... More

TECHNICAL ANALYSIS
Bulls march ahead
Bull march continued on Thursday's trading activity. The sentiment reading of the tradable counters was marginally bullish. Bull move on Friday is likely to be further strengthened with additional counters. On the contrary, the bear move on ... More

FOREIGN INSTITUTIONAL INVESTORS
Overseas fund managers bullish on India
JF Asset Management forecasts 25 pc growth in market earnings More

Morgan Stanley to invest $1 b in Indian real estate
Morgan Stanley plans to invest more than $1 billion over the next 4-5 years in the Indian real estate sector. It has already invested about $140 million this year through three deals. According to Mr Zain Fancy, Head of Morgan Stanley Real ... More

OVERSEAS INVESTMENTS
MFs' overseas investment norms eased
Mutual funds await complete SEBI guidelines More

COMMENTARY
Short covering in derivatives saves the day
More

IPOS
IPO market set to witness action, thanks to GMR, Tech Mahindra
`Fundamentally sound cos will not face much difficulty' More

Ramky Infra plans IPO by Feb
Ramky Infrastructure Ltd, the civil and infrastructure engineering arm of the Hyderabad-based Ramky Group, is planning a public issue of about Rs 300 crore. The issue is likely to open by February 2007. Speaking to Business Line, Mr ... More

Jessop to consider public issue
Jessop and Co Ltd is considering a public issue of approximately 25 crore shares of Re 1 each. The issue will include fresh issue of 15 crore shares. The rest 10 crore shares will be off-loaded by the Ruias. While the group has already ... More


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Top Stories
Ethical values in business — the Tata way

IPO market set to witness action, thanks to GMR, Tech Mahindra

S.Kumars chalks out Rs 360-cr retail expansion plan

Kamal Nath calls for doubling exports to $125 b

STC floats tender to import 4 lakh t wheat

`Senior citizens to get IT refund within a month'

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Looking back
Jul. 16-Jul. 22
Indian Bank chief sees drop in loan growth rate

Mergers & Acquisitions in mutual fund space

`Retail investor started paying attention only when Sensex was 12,000 and beyond'

`IT stocks turn out of favour for mid-cap funds'

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MIPs — no more a major draw among investors


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