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Saturday, July 12, 2008
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Markets (July 11)
BSE Sensex13469.85 (-456.39)
S&P CNX Nifty4049 (-113.20)
US Dollar42.93 (-0.11)


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STOCK MARKETS: Infy nos dampen IT stocks
Marketmen expect similar show from other cos. Mumbai, July 11 The BSE IT Index erased its gains in early trading to shed almost 7 per cent on Friday, post the Q1 results of IT bellwether Infosys Technologies. All the scrips in the BSE IT index ...

COMMENTARY: Markets this week
Political turmoil over the civil nuclear deal took centrestage this week, with both Left parties and the SP playing their cards close to the chest. Investors, driven by stop-go signals were evenly poised as the Sensex on Monday was up by ...

REGULATORY BODIES & RULINGS: Cos likely to get more time for filing results
SEBI proposes changes in Clause 41. Mumbai, July 11 Companies which opt to submit to stock exchanges their consolidated financial results in addition to their standalone results can get two months’ time to submit their financials, ...

STOCKS: Capital goods wilt on industrial data
Capital goods stocks fell on Friday after a drop in industrial output numbers for May was announced. While the overall IIP growth for May 2008 plummeted to 3.8 per cent compared with 10.6 per cent in May 2007, the capital goods sector grew by ...

STOCK EXCHANGES: BSE board meet today
Mumbai, July 11 The Bombay Stock Exchange (BSE) board is meeting on Saturday; however the agenda for the meeting remains under wraps. The meeting assumes significance in the light of recent events at the Exchange, chiefly the resignation of ...

FINANCIAL PERFORMANCE: Edelweiss standalone net down 10%
Mumbai, July 11 Broking firm Edelweiss Capital reported a 10 per cent drop in standalone net profit at Rs 6.78 crore as against Rs 7.5 crore in the corresponding period of the previous year. The company’s total income stood at Rs 56.63 ...

STOCKS: Lotus Eye Care debuts at premium
Mumbai, July 11 Lotus Eye Care Hospital closed its day one of trading at Rs 35.65, at a discount of 6.18 per cent over the issue price of Rs 38. The stock opened at Rs 40, which is also the day’s high and touched a low of Rs 32.50. A ...





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