The Hindu Business Line : Wednesday, February 02, 2005

JM Mutual launches derivative fund
JM Financial Mutual Fund launched the JM Equity & Derivative Fund today. This new fund is an income-oriented interval scheme that will seek to generate income through arbitrage opportunities emerging out of mis-pricing between the cash market and More

TECHNICAL ANALYSIS

Bull run arrested
BEARS were successful to the extent of restricting the bulls from making further gains. The day's market action resulted in terminating a few uptrend counters. The sentiment reading of the tradable counters remains strongly bullish with no ... More

STOCK MARKETS

EPFO to study investment in equities
FOUR days after the Finance Ministry's announcement that provident funds would be allowed to invest 5 per cent of their assets in equities, the Labour Minister, Mr K. Chandrasekhar Rao, today said that Employees' Provident Fund Organisation ... More

Praj Ind hits upper filter on growth hopes
THE counter of engineering company Praj Industries has continuously been hitting upper circuit in the last few days. In the last one week, the stock price of the company has gained more than 20 per cent. Dealers said the buying in the counter ... More

Ennore Foundries at 52-week high
THE Ennore Foundries stock, which had been spotted by some market players as a future multi-bagger, sometime in the middle of last year, today reached its 52-week high at Rs 177. From its 52-week low of Rs 27 in June, it has been a smart move ... More

DERIVATIVES MARKETS

Outlook may turn negative for HDFC
THE following strategies are based on Tuesday's trading in the spot and the derivatives segment on the NSE. Both strategies take advantage of a possible decline in the underlying based on the daily price charts. Trading on this recommendation ... More

FOREIGN INSTITUTIONAL INVESTORS

Sharp spurt in FII inflows
THE foreign institutional investor (FII) inflows have again spurted in the last three trading sessions. The official figures released by the Securities and Exchange Board of India (SEBI) on FIIs transactions show huge net investment both in ... More

DSP Merrill arranges `familiarisation trip' to foreign investors
The concerns of these potential investors largely revolve around the lack of enthusiasm in foreign direct investment in India. More

Goldstone to hike FII limit
HYDERABAD: Goldstone Teleservices Ltd has decided to increase the FII limit up to 49 per cent and issue preferential shares. It has informed the BSE that its board, at a meeting held on January 31, decided to issue up to 73,58,155 ... More

COMMENTARY

4-day Sensex rally halts
A FOUR-DAY rally was snapped on Tuesday's trading as the Sensex ended in negative territory, losing 3.47 points (or 0.05 per cent) to close at 6,552.47 points. The S&P CNX Nifty, however, ended with a gain of 2.25 points (or 0.11 per cent) to ... More

IPOS

AI, IA employees to be given a portion of proposed IPO: Patel
THE Government plans to earmark a portion of the proposed initial public offer (IPO) of Air India (AI) and Indian Airlines (IA) to the employees of the two airlines, the Minister for Civil Aviation, Mr Praful Patel, said on Tuesday. "We want to ... More

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Export-led strategy to help Reliance take on global majors

Karthikeyan shifts gears to F1

PSBs resist Govt demand for higher dividend

Comprehensive policy on oilseeds soon: Pawar

EPFO to study investment in equities

AI, IA employees to be given a portion of proposed IPO: Patel

ABB India net profit rises 24 pc to Rs 154 cr; to pay 70%

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BHEL Disinvestment