TECHNICAL ANALYSIS
Bull onslaught
THE sentiment reading of the tradable counters stands bullish with no downtrend counters. Bear domination on Thursday is likely to neutralise the sentiment reading. Otherwise, the prevailing sentiment is likely to be further ... More

STOCK MARKETS
Exit poll results boost Sensex by 71 points
STOCK prices, led by index heavyweights, rose across the board following exit polls after the first phase of the Lok Sabha elections that said the National Democratic Alliance would return to power at the Centre. The Indian entry plans of one of ... More

Fundamentals attract investors into Lupin
THE Lupin Ltd stock on Wednesday moved ahead on the major bourses on reported buying an existing investor. According to dealers, Mr Rakesh Jhunjhunwala is understood to be accumulating the stock again. As on March 31, 2004, Mr Jhunjhunwala and ... More

No trading on April 26
THE Bombay Stock Exchange and the National Stock Exchange will have no trading on Monday, April 26. This is on account of the general election in Mumbai. Further, the NSE has announced that there would be no settlement on April 26, on account ... More

Asian Electronics stock gains on US approval
THE stock price of Asian Electronics Ltd (AEL) gained almost 10 per cent on Wednesday's trading after the company received underwriter liability approval from the US for its energy efficient lighting system. The stock price of the company ... More

High on bonus plan
THE stock of steel-maker Tata Steel shot up on Wednesday on speculation that the company is planning a bonus issue of one share for every three shares held. However, shares of steel companies in general were in good demand on reports that ... More

DERIVATIVES MARKETS
Outlook positive for Arvind Mills, IPCL
THE following strategies are based on Wednesday's trading in the spot and the derivatives segments on the NSE: Arvind Mills: The stock closed at Rs 56 in the spot market. The outlook appears positive. The upside price target is Rs 64. ... More

REGULATORY BODIES & RULINGS
SEBI fiat to brokers on scrips' transfer
THE Securities and Exchange Board of India (SEBI) has clarified that stock brokers and clearing members should transfer securities to their clients' beneficiary accounts within one working day after payout day. The securities lying in the pool ... More

COMMENTARY
Exit poll predictions fuel markets
AFTER subdued trading interest on Tuesday, the stock markets witnessed strong buying activity on Wednesday. The benchmark BSE Sensex rose 71.61 points (1.23 per cent) on the back of buying interest in key index heavyweights Reliance Industries ... More

IPOS
NDTV public offer oversubscribed 3 times
THE initial public offering (IPO) of the Prannoy Roy-promoted New Delhi Television Ltd (NDTV) was oversubscribed three times. The company is raising Rs 109 crore through the book-building route, by offering shares in the range of Rs 63-70 rupees ... More