The Hindu Business Line : Thursday, November 24, 2005

Canbank MF declares 7 pc for Cancigo scheme
MANGALORE: Canbank Mutual Fund has declared a dividend of 7 per cent (inclusive of tax) on the face value of Rs 10, in its Cancigo Scheme — an open-ended debt scheme. A CMF release said here on Wednesday that December 2 has been ... More

TECHNICAL ANALYSIS

Bulls prevail
BULLS prevail over Wednesday's trading activity. The sentiment reading of the tradable counters stands neutral. Bear domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the sentiment reading is ... More

STOCK MARKETS

Sintex Industries up on de-merger plans
SINTEX Industries rose sharply on Wednesday; the stock gained 15.02 per cent at Rs 149.70 on the BSE with volumes of 4.19 lakh shares and on the NSE, jumped 16.02 per cent at Rs 151.40 with volumes of 5.02 lakh shares. The rise in the stock ... More

Non-emerging market funds also turn to Indian stocks
INDIAN stocks are attracting even non-emerging market portfolios managed by global fund houses such as Janus and T. Rowe Price. Diversified portfolio managers, who habitually track developed markets, are increasingly stepping away from the ... More

FOREIGN INSTITUTIONAL INVESTORS

Goldman Sachs, Merrill Lynch invest in Intellivisions Software
FOREIGN investors Goldman Sachs, Merrill Lynch and BSMA have taken stake in Intellivisions Software. Goldman Sachs, Merrill Lynch and BSMA have picked 8.65 lakh shares (combined) at Rs 80 per share of Rs 10 face value through a preferential ... More

INTERVIEW

Upsides may not be high in immediate future: Kotak Mahindra
Mr C. Jayaram of Kotak Mahindra Bank believes that local liquidity is the real wild card for the markets, and if that begins to tighten then it could be a source of worry. He adds that many private banks in Europe and West Asia are ... More

COMMENTARY

Auto, banking, consumer goods, energy stocks gain
THE markets bounced back on Wednesday after two successive sessions of losses. The BSE Sensex gained 103.4 points or 1.2 per cent to close at 8638.3. After a cautious opening, markets gained strength with the Sensitive index reaching a high of ... More

IPOS

Guj Fluorochem's arm mulls IPO
GUJARAT Fluorochemicals Ltd has informed the BSE that its subsidiary, Inox Leisure Ltd, is considering an initial public offer of 1.65 crore equity shares of Rs 10 each consisting of fresh issue of 1.2 crore shares and an offer for sale of 0.45 ... More

Kernex Microsystems IPO opens on Nov 28
THE Hyderabad-based Kernex Microsystems (India) Ltd is entering the capital market on November 28 to raise Rs 99 crore. The proceeds of the issue will finance the setting up of a manufacturing base for anti-collision devices (ACDs), auto driving ... More

Stock Quotes
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