Financial Daily from THE HINDU group of publications
Wednesday, June 07, 2006
Markets (June 06)
BSE Sensex9957.32 (-256.16)
S&P CNX Nifty2937.30 (-79.35)
US Dollar (Buy/Sell)45.93 (-0.06)


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MARKETS

FINANCIAL SERVICES
Geojit opens branch at Sivakasi
Geojit Financial Services Ltd opened its 368th branch at Sivakasi, near here recently. Geojit also has plans to open new offices at Avadi, Chengelpet, Flower Bazaar, Nungambakkam, Kancheepuram, Villupuram, Gobichettipalayam ... More

NEW FUND OFFER
DBS Chola fund moots capital appreciation scheme
When the fund takes a long position, it will purchase a stock outright or it may take long position in derivatives More

INSIGHT
Seven reasons for the Sensex rampage
One more day of falls. That's not how one describes the way markets moved on June 6. For, a Sensex dip that shattered the psychological five-digit mark is better clothed with words such as tanking and slipping, plunging and correcting, sliding ... More

MUTUAL FUNDS
SU-UTI sells 2.1% in Sundaram Clayton
The Specified Undertaking of the Unit Trust of India (SUUTI) has lately turned more active, thanks to deals it has worked out relating to companies such as Sundaram Clayton and Rain Calcining. Sundaram Clayton has recently informed that SUUTI ... More

STOCKS
Merck: Attractive at current prices
Merck Ltd, which reported an impressive double-digit growth in its priority brands in last 12 months period ended March 2006, looks attractive at current prices, say dealers. Networth Stock Broking Ltd, which came out with a `buy' report, said ... More

`Sell' report impacts Apollo Hospitals
A recent `sell' report by a foreign brokerage firm on Apollo Hospitals Enterprise Ltd and the bad publicity generated in the Rahul Mahajan case seem to have impacted this stock. On the BSE today, shares of Apollo Hospitals fell by about two ... More

TECHNICAL ANALYSIS
Volatile movement
Tuesday's market witnessed volatile movement. The sentiment reading of the tradable counters turned bearish. Bull domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing sentiment reading ... More

STOCK MARKETS
Sensex crashes below 10,000
Loses 2,655 pts in less than a month More

Inflows into ULIP funds rising: ICICI Pru Life
Despite the meltdown in stock markets More

INTERVIEW
`Target for arbitrage fund is 9-9.5% return'
Return from NFO is tax free because of equity fund status: JM Financial More

COMMENTARY
Oil, gas stocks in red despite fuel price hike
More


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