Financial Daily from THE HINDU group of publications
Saturday, May 13, 2006
Markets (May 12)
BSE Sensex12285.11(-150.30)
S&P CNX Nifty3650.05 (-51.00)
US Dollar (Buy/Sell)45.03 (+0.07)


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MARKETS

FINANCIAL SERVICES


Geojit broking venture
Geojit Financial Services, Kerala-based financial services company with online trading portal Mercury Online, has partnered with Saudi Arabian promoters to set up a joint venture broking company in West Asia. The company on ... More

MUTUAL FUNDS


BSE revokes SPIcE ETF suspension, allows trading from May 18
Fixes circuit filter at 10 per cent of base price More

STOCKS


Tea, coffee brew well for Bombay Burmah
Bombay Burmah, which is seen to derive bigger benefits from its tea and coffee businesses, is powering ahead on the bourses. On Friday, it ranked among the top gainers on NSE, ending with a straight 10 per cent gain at Rs 563.60. The counter ... More

Shrachi Securities: Betting on revamp
Investors seem to be veering around to the view that Shrachi Securities will soon see a capital restructuring. That might explains the recent spurt in the Shrachi Securities stock, which on Friday closed at Rs 64.85 on the BSE. This is a major ... More

TECHNICAL ANALYSIS


Volatile movement
Friday's market witnessed volatile movement. The sentiment reading of the tradable counters continued to remain bearish. Bull pressure on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish ... More

STOCK MARKETS


Govt tough talk weakens cement counters
Fears that greenfield projects may get affected More

Sensex dips 150 pts on move to check cement prices
Share prices fell for the second consecutive day on Friday on nervous selling following the Government's move to check the spiralling cement prices, dealers said. Cement majors Gujarat Ambuja and ACC led the fall on Friday with the benchmark ... More

COMMENTARY


Frontline stocks help market cool down with 150 pt loss
The recent sporadic patches of rain that have cooled the blistering summer heat in parts of the country found a parallel in the stock market on Friday. The overheated stock indices that have been steadily rising and breaking new ground for ... More

IPOS


DLF files draft prospectus with SEBI
To raise about Rs 13,600 crore through IPO More

Aditya Birla Minerals makes strong debut Down Under
Shares of Aditya Birla Minerals Ltd (ABML), Hindalco's copper mining subsidiary in Australia, made their debut on Australian Stock Exchange at 88 per cent premium to the issue price. The shares opened at Australian $ 3.66 against the issue ... More

Unity Infraprojects plans to raise Rs 220 cr
Unity Infraprojects Ltd, an engineering and construction company, has announced an initial public offering to raise over Rs 220 crore. The company has decided a price band between Rs 651 and Rs732. The company will enter the capital market ... More


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Top Stories
Govt tough talk weakens cement counters


`Commodities surge: Fundamentals not fair'

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Make use of technology, oil marketing cos told

Knowledge panel for holistic study of reservation issue

DLF files draft prospectus with SEBI

Forex reserves rise by $1.71 b

High rice prices force global buyers to go slow

AP hails MRTPC order on Mahyco-Monsanto

In Focus

Infrastructure woes stare IT sector
IPO Scams
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
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Looking back
Apr. 30-May. 6
MFs offer more diversification now

To trust the mockery of unquiet slumbers

Slaughter of the lambs

Indian stocks `not cheap': DWS



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