The Hindu Business Line : Friday, September 05, 2008

MARKETS

RECOMMENDATION: KEC International (Rs 426.5): Buy
Short-term investors can buy KEC International at current levels. The stock is just commencing a smart up-move after a protracted sideways move from the July trough at Rs 340. The sequence of higher troughs in the ensuing period reflects the ...

STOCKS: Brokerages turn cautious on Tata Motors
Equity dilution, Singur trouble major cause for concern. Kolkata, Sept. 4 Brokerages appear to be cautious about changing recommendation gear for Tata Motors after it announced prices and structure for its two simultaneous and unlinked rights ...

REGULATORY BODIES & RULINGS: M&A: SEBI for independent opinion on fair value
Mumbai, Sept. 4 Capital markets regulator SEBI has directed both listed and unlisted companies seeking mergers to get a “Fairness Opinion” from independent merchant bankers on the valuation done by their ...

STOCKS: HCL Tech rises on buzz of an overseas buyout
Trading volume surges to 5.66 lakh shares. New Delhi, Sept. 4 The shares of HCL Technologies on Thursday closed 0.82 per cent higher to Rs 251.65, amid market buzz that the company could be eyeing a large overseas acquisition. The shares, ...

STOCKS: Resurgere Mines turns volatile after strong debut
Diana Tea jumps 162% on relisting. Mumbai, Sept. 4 After debuting on the bourses on Monday at a premium of almost 100 per cent to its issue price, Resurgere Mines and Minerals ran a volatile course on Thursday, as the stock hitting both the ...

IPOS: Banks gear up for new IPO payment facility
Mumbai, Sept. 4 Eleven banks participated in the mock test carried out by the Bombay Stock Exchange (BSE) for the new IPO payment facility recently permitted by SEBI. ...

NEW FUND OFFER: Bharti AXA Equity Fund launched
Mumbai, Sept. 4 Bharti AXA Investment Managers, a joint venture between Bharti Ventures Ltd, AXA Investment Managers and AXA Asia Pacific Holdings launched their equity fund on Thursday. The ‘Bharti AXA Equity’ Fund seeks to ...

STOCKS: Nano uncertainties may cloud Tata Motors
Relocation costs, time overrun key concern. Tata Motors has spent about Rs 1,500 crore in setting up a plant for its ultra low-cost car, the Nano. ...

DERIVATIVES MARKETS: Bank Nifty futures turn active
Nifty call options add open positions. Chennai, Sept. 4 The F&O segment on Thursday witnessed a turnover of Rs 46,290.5 crore against Tuesday’s turnover of Rs 58,889.38 crore, but still that was higher than the average recorded in ...

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Markets (Sep 04)

Nifty (at close)	4447.75(-56.25)
US Dollar (Buy/Sell)	44.45/46
Brent crude (a bbl) Rs	4,685
Gold (a gram) Rs	1,086
Silver (a kg) Rs	19,900

Nifty Companies News
SE Diary
Stock Quotes

In Focus
Remembering Ramachander

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Moser Baer’s solar PV biz gets Rs 411-cr funding

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Looking back
Aug. 24-Aug. 30
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