Financial Daily from THE HINDU group of publications
Tuesday, September 27, 2005
Markets (Sept 26)
BL 2502388.75 (+69.82)
BSE Sensex8478.91(+256.32)
S&P CNX Nifty2557.35 (+79.60)
US Dollar (Buy/Sell)43.91/44.04
Gold Std (10 gm)6615 (-35)


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MARKETS

MUTUAL FUNDS


Long-term debt funds' asset base continues to shrink
LONG-TERM debt funds continue to remain nobody's children, if the latest redemption data is any indication. These funds as a category saw their assets deplete further in August, and with little respite expected this month, will carry on the ... More

STOCKS


Indraprastha Medical gains on global healthcare status
AMONG the hospital stocks, Indraprastha Medical is getting increased attention of the market because of its improving status as one of the top global healthcare outfits and relatively low market price. The stock today closed 4.38 per cent up at ... More

TECHNICAL ANALYSIS


Bull domination
BULLS dominated Monday's trading activity. Bears were not given any chance to recover. Bull domination during the day neutralised the sentiment reading. If bull domination persists on Tuesday, the sentiment reading is likely to turn bullish. On ... More

STOCK EXCHANGES


Dubai launches stock exchange
THE Dubai International Financial Exchange (DIFX) opened for trading for the first time on Monday The launch of the first international stock exchange located between Western Europe and East Asia took place at a ceremony at the Dubai ... More

STOCK MARKETS


Sensex bounces back with 256-pt gain — Volumes remain low; T, Z-group stocks continue to fall
WITH the Government clarifying today that there was no scam in the stock markets, share prices bounced back sharply taking the BSE Sensex up by over 250 points, erasing much of last week's losses. Buying support in stocks was fuelled by a fall ... More

FII interest strengthens BOC counter
BOC India, an industrial gas producer, has been attracting the attention of institutional investors over the last few days. Active interest of buyers is evident in the fact that the stock price has risen by more than 15 per cent despite the huge ... More

MERGERS & ACQUISITIONS


Birla Sun Life acquires Alliance MF schemes
BIRLA Sun Life Asset Management Company and Birla Sun Life Trustee have announced the acquiring of schemes of Alliance Capital Mutual Fund (ACMF). This transaction will fortify Birla Sun Life AMC's position in the industry by increasing its ... More

COMMENTARY


All-round buying ensures widespread gains
SOFTENING of crude oil prices and a healthy 7.1 per cent GDP growth in the first quarter created renewed interest amongst the bulls, who browbeat the bears hands down. Almost all indices on the BSE recorded sharp gains in excess of 3 per cent ... More

PUBLIC OFFER


Ginni Filaments board okays red herring
MUMBAI: The board of directors of Ginni Filaments Ltd has approved the draft red herring prospectus for issue of equity shares at a premium to be decided through the book building process for Rs 60 crore. It made this announcement in a ... More
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Top Stories
Pak keen on buying Indian machinery for edible oil refineries


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Seven States may participate in tax info exchange project

Long-term debt funds' asset base continues to shrink

In Focus

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In Depth

Gender Justice
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Looking back
Sep. 18-Sep. 24
Pivotals may maintain uptrend

SEBI fiat on equity transactions — PSBs seek more time to comply

Selling pressure grips small, mid-cap stocks

`Foreigners are more confident about India than we are' — Mr C. J. George, MD, Geojit Financial Services

Correction shaves off Rs 89,000 cr of m-cap


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