Financial Daily from THE HINDU group of publications
Thursday, May 25, 2006
Commodities (May 22 at close)
Gold (per gram) Rs896
Standard Gold (10 gram) Rs9,680
Silver (per gram) Rs20.05
Brent crude (per bbl) Rs3128
Markets (May 24)
BSE Sensex10573.15(-249.63)
S&P CNX Nifty3115.55 (-83.80)
US Dollar (Buy/Sell)45.74 (+0.14)


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Reliance eyes cane processing
Ethanol from proposed units to meet company's captive requirements More

A different process
Ethanol production essentially involves fermentation of the sucrose (sugar) present in cane. Sugarcane crushed by mills has around 12 per cent sucrose, of which 10 per cent is recovered in sugar production, with the remaining 2 per cent going ... More

EPFO awaits norms to invest in equity markets
CBT reaches consensus on investments; notification of revised guidelines awaited More

Dishman to buy Swiss co Solutia's unit
Signs agreement to acquire drug services business for $74.5 m More

Sensex sheds 250 points
Heavy volatility marks day's trading; Nifty down 83 More

Few takers
THE VOLATILITY SHOWS: It's a dull day for the vendor selling IPO applications in Kolkata on Wednesday as there are no takers. The highly bearish and volatile secondary market has left the primary capital market struggling. The IPOs and follow-on ... More

DoT asks Tatas to put EVDO plans on hold
`Wait until Govt spells out 3G policy' More

FIIs vs MFs on the Sensex front
Between June 30, 2005 and March 31, 2006, market capitalisation of BSE-30 stocks rose by about Rs 5 lakh crore. That is, from Rs 9,33,303 crore to Rs 14,27,271 crore. Over this period, the value of holdings by foreign institutional investors ... More

FIIs record $1.13 b sales in May
Offload more than $1.32 b worth equity after May 11 peak More

Maran for extension of STP scheme
Backs industry demand More

Many IPO stocks reel under double-whammy
With the stock markets suffering a double whammy — a black Monday followed by a bleak Wednesday, the year 2006 does not seem to be a great year to the investors, who had put their money in the IPOs floated since January 2006, hoping to ride ... More

Q1 Indian retail investment in gold up
Jewellery demand down 38 per cent on price volatility More

Monsoon onset window extended to next six days
Widespread rains continued in Kerala for the third successive day on Wednesday but failed to measure up to specified levels to drive the monsoon current eastward into the south-west coast. The National Centre for Medium Range Weather ... More


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