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Tuesday, November 09, 2004

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MUTUAL FUNDS
Benchmark AMC plans to launch split capital fund
BENCHMARK Asset Management Company Ltd has filed a draft prospectus for a split capital fund. Investment in the fund would be split into two and classified as Class A and Class B. Class A units, also called preferred units, will have ... More

TECHNICAL ANALYSIS
Bulls prevail
THE sentiment reading of the tradable counters stands bullish with no downtrend counters. Even a mild bear pressure on Tuesday is likely to reduce the bull count by a considerable margin thereby neutralising the sentiment reading. On the ... More

STOCK EXCHANGES
Infosys ADS issue to increase stock float by 6 pc on Nasdaq
INFOSYS Technologies' move to convert up to 16 million equity shares into American Depository Shares (ADS) through a sponsored secondary issue is expected to increase its stock float on the Nasdaq by six per cent. The Infosys' board approved ... More

STOCK MARKETS
Zips ahead on new products
FLEX Industries, a company engaged in manufacturing flexible packaging products, stock has been accumulated by several market players. On Monday also, the counter saw purchases from these players. Dealers said the buying in the stock is due to ... More

DERIVATIVES MARKETS
Outlook could turn negative for SBI
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE: SBI: The stock closed at Rs 496 in the spot market. The outlook could turn negative if the stock trades below Rs 494. The downside ... More

COMMENTARY
Infosys, HDFC Bank share day's honours
THE Sensex powered ahead for the second consecutive day, with tech bellwether Infosys Technologies and HDFC Bank doing the star turn. The index rose 39.11 points to breach the 5900-point mark and end at 5930.47 points. The Nifty ... More


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Top Stories
Chinese cos in talks for joint ventures


Infosys ADS issue to increase stock float by 6 pc on Nasdaq

Interest rates set to stabilise: PNB chief

Gold prices may firm up on festival demand

Out-licensing scorecard of drug cos causing concern

Broadcasters told not to accept ads from defaulters — Samsung, Motorola, Reckitt in dock

AI's budget airline fares to be 25% lower than market rates

Excise sops lure pharma, FMCG firms to the hills

Looking back
Oct. 31-Nov. 6
Pharma, power seen as investor favourites

Osama, China factors may weaken sentiment

Making gold glitter in households


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