Financial Daily from THE HINDU group of publications
Monday, August 16, 2004

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MARKETS

MUTUAL FUNDS
MIPs losing their sheen?
Volatility in debt and equity markets in the recent past has resulted in negative returns for MIP investors, a scenario that has prompted some of them to refrain from making further allocations. More

STOCK MARKETS
Dr. Reddy's at 52-week low
THE US benchmarks Dow Jones Industrial Average and S&P-500 closed last week in positive territory. Wal-Mart Stores Inc and Hospira Inc, a hospital-products company, helped the Dow Jones Industrial Average and S&P-500 Index to finish a tad hig More

CHAT
When the House meets, market loses the jeets?
After watching `live' the unfurling of the tricolour by the PM and listening to his speech, Khan, Jogin, Dakshinamoorthy and Sridevi login to chat about markets. Hang on! Sri: From Red Fort, I'm panning to ... More

REGULATORY BODIES & RULINGS
SEBI plans integrated surveillance system by mid-2005
THE Securities and Exchange Board of India (SEBI) plans to put in place an integrated surveillance system by mid-2005. The system will help curb insider trading and other market manipulations and also make the market regulator's investigations ... More

INTERVIEW
`Index may be range-bound in near term'
CHOLAMANDALAM MF is placing large bets on mid-cap counters. Mr Sashi Krishnan, Chief Executive, is of the view that given recent trends, investors cannot afford to ignore such stocks. "We have seen the kind of returns that these are capable of ... More

IPOS
Bajaj Hindusthan mulls Rs 100-cr issue
BAJAJ Hindusthan Ltd (BHL) is planning a Rs 100-crore public issue to part-finance its estimated Rs 550 crore investment in four greenfield sugar plants with an aggregate cane crushing capacity of 28,000 tonnes per day (tcd) in western Uttar ... More

OUTLOOK
Indices may head further south
On the whole, in the absence of a quick-fix solution to the inflation problem on the economic front and lack of buying interest on the floor, a correction is a likely scenario in the short term. More


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