The Hindu Business Line : Wednesday, July 06, 2005

SBI MF launches fund focussing on commodity stocks
SBI MUTUAL Fund is seeking to raise Rs 300-500 crore from its new commodities-based equity fund. The SBI Magnum Comma fund seeks to invest in a portfolio of companies who are in the commodity business of oil and gas, metals, materials and ... More

TECHNICAL ANALYSIS

Bears prevail
BEARS were successful in restricting the bulls from making further gains on Tuesday. The day's market action resulted in reducing the bull count by a considerable margin. The sentiment reading of the tradable counters stands neutral. Bear ... More

STOCK MARKETS

Riddhi Siddhi Gluco remains firm on fundamentals
THE stock of Riddhi Siddhi Gluco Biols, which is going ex-dividend tomorrow, ruled firm on the stock exchanges with decent traded volumes on strong improvement in fundamentals and growth prospects. It finished at Rs 75.60 on the BSE. It touched a ... More

Reliance Capital betting on new biz plans
WITH consistent news flows about the expansion plans of the company, the stock of Reliance Capital has been buoyant at the bourses. The stock touched an intra-day high of Rs 393 on Tuesday before closing at Rs 379.25. The current interest in ... More

J&K Bank counting on better results
THE Jammu & Kashmir Bank stock is on an upward move in the last one week on expectation of good first quarter results, brokers and analysts said. In the last few months, the stock price of the bank had fallen following decline in net profit in .. More

COMMENTARY

FMCGs, IT witness correction; auto mixed
AFTER a sharp rally of 230 points in last five trading sessions, markets witnessed some correction. Weakness in the Asian markets, concern of rising crude oil prices and the news report of the militant attack in Ayodhya appeared to have dampened ... More

PUBLIC OFFER

Syndicate Bank fixes offer price band at Rs 46-50
SYNDICATE Bank has announced that the price band for its follow-on public issue will be between Rs 46 and Rs 50, according to a release from the bank. Syndicate Bank will offer five crore equity shares of Rs 10 each for cash through a 100 per ... More

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Commodity bourses to move towards compulsory delivery — Uniform margin system planned

Cement majors post 10 pc rise in June shipments

India's '03 trade GDP ratio at 30 pc: WTO

NHAI awards Rs 580-cr project to Gammon consortium

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