The Hindu Business Line : Tuesday, February 01, 2005

Elder Pharma board okays pref allotment to Citigroup
THE board of directors of Elder Pharmaceuticals has approved to make a preferential allotment to Citigroup Venture Capital International (CVCI).. Elder has decided to issue 12,80,000, or eight per cent, equity shares at a price of Rs 180 per ... More

INSIGHT

The ICRA Online Mutual Fund Rankings 2005
INVESTORS in equity found appreciation in calendar year 2004 both because of the bullish trend in the market and the superior performance of the fund managers in picking up the right stocks. With market performance ... More

MUTUAL FUNDS

ICRA Online MF awards presented
THE LIC Chairman, Mr R.N. Bharadwaj, distributed the ICRA Online Mutual Fund Rankings Awards, at a function held here on Monday. Under the one-year performance category of `long-term debt', Tata Dynamic Bond Fund was awarded the gold, while ... More

STOCKS

Non-promoter co acquires 15% in Duncans Ind
A NON-PROMOTER private company called Antriksh Vyapaar Pvt Ltd has acquired 15 per cent stake in the GP Goenka-controlled Duncans Industries Ltd, the flagship of the Duncans-Goenka group. The mode of acquisition is by way of invocation of ... More

TECHNICAL ANALYSIS

Bull domination
The sentiment reading of the tradable counters stands extremely bullish with all the tradable counters in the uptrend. Bear pressure on Tuesday is likely to terminate most of the uptrend counters in the tradable list thereby neutralising the ... More

STOCK MARKETS

Sensex zooms past 6,550
STOCK prices continued to rule firm on Monday on the back of good December quarter results, strong FII buying and the Government's decision to allow pension funds to invest in stock market and mutual funds. In Monday's trading, stocks rose ... More

Govt divestment plans a positive step, say marketmen
THE Government decision to sell minority stake in profitable PSUs is seen as a positive move by the stock market players. Such sales will result in higher floating stocks in the Indian market, a factor that attracts foreign investors. Besides, ... More

SAIL steals the show
WITH Steel Authority of India Ltd (SAIL) entering into the dividend list after a gap of 15 years, the stock market seems to have turned more bullish towards the stock. This was seen from the price movement on Monday when the stock gained despite ... More

DERIVATIVES MARKETS

Short-term reversal likely in PNB, Nifty
THE following strategies are based on Monday's trading in the spot and the derivatives segment on the NSE. The strategy takes advantage of possible short-term price reversal and is, hence, structured to capture the counter-trend. The position ... More

COMMENTARY

Sensex scores a ton for 2nd day in row
EXTENDING Friday's gain of 179 points, the Sensex recorded a 136.85-point gain on Monday. Market sentiment perked up following reports of the Government's decision to allow private pension funds to invest in the equity market. After opening on ... More

Stock Quotes
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