MARKETS
BUYBACK
Glaxo Consumer up on buyback plans
THE board of directors of GlaxoSmithKline Consumer Healthcare Ltd will meet on December 10, 2004 to consider buy back of the company's equity shares. Following an announcement to this effect to the BSE today, the scrip rose 13.32 per cent to Rs ...
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TECHNICAL ANALYSIS
Bull onslaught
BULLS were in total command of Thursday's trading activity. The sentiment reading of the tradable counters stands strongly bullish. Bear domination on Friday has the potential to reduce the bull count by a substantial margin. Otherwise, the ...
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STOCK MARKETS
Sensex, Nifty scale new peak — Fall in crude prices, FII buying add to the rally
THURSDAY turned out to be a landmark day on the bourses. Both the Sensex and the Nifty scorched all earlier records, with the BSE benchmark index breaching for the first time-ever 6,300, to close at 6,328.43. The Nifty also marked the occasion ...
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Tourism booster
THE stock of Cox & Kings, a company engaged in travel and tourism sector, has been attracting lot of investors' interest. Dealers said this was due to the uptrend in the tourism sector. The company is engaged in hotel bookings and travel ...
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FOREIGN INSTITUTIONAL INVESTORS
FIIs stay bullish on Indian market
INDIA is clearly the capital market destination for foreign investors as they are expected to continue their buying into 2005. Stock indices on Thursday closed at an all-time high fuelling further bullishness on the part of foreign investors. ...
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COMMENTARY
Banking, oil stocks lift markets to new high
HELPED by the euphoria in banking and oil refinery stocks, the Sensex closed at new historic high on Thursday. The index ended the day at 6328.43, up 100.6 points over the previous day's close of 6227.83. A similar trend was evident in the S&P .
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