The Hindu Business Line : Thursday, April 14, 2005

ABN AMRO's opportunities fund collects Rs 425 cr
ABN AMRO Asset Management (India) Ltd announced on Wednesday that the IPO of ABN AMRO Opportunities Fund, which concluded on March 30, has received subscriptions of approximately Rs 425 crore from nearly 30,000 investors. "We launched ABN ... More

TECHNICAL ANALYSIS

Initial gains not held
BULLS gained partial control of Wednesday's trading activity. The day's market action resulted in initiating the uptrend in few counters in the tradable list. The sentiment reading of the tradable counters stands mildly bullish. Bear domination ... More

STOCK MARKETS

Sterling Holiday active on revamp plans
THE Sterling Holiday & Resorts stock has begun to move up with huge traded volumes as the market sensed the end of financial problems for the loss making time-share company. The counter finished with a gain of 7.21 per cent at close today and ... More

D-Link India decline as operators dump
THOUGH the stock of D-Link India has been attracting interest among medium to long-term buyers, it is being dumped by operators. Dealers say that operators have been pessimistic about the stock for the last several trading sessions, but with ... More

Times group dilutes stake in Mid-Day after Express deal
BENNETT, Coleman and Co, publishers and owners of the Times of India, has diluted its holding in Mid-Day Multimedia after Indian Express acquired 10 per cent stake in the media company. Banhem Financial & Investment Consultants ... More

Cement stocks firm on Q4 hopes
CEMENT stocks today were firm and hot even as the market sentiment turned moist in the later half of the trading session. According to Mr Deepak Jain of Anagram Stockbroking, the main trigger for the cement stocks was the expectation of a good ... More

Profit-booking in tech, auto stocks limits gains
FOLLOWING the gains on Tuesday, the markets opened on a positive note. The rally in the banking stocks helped the bellwether indices post gains in the initial hour of trading. The markets, however, failed to hold on to the gains as profit-booking ... More

SAAG-RR volumes up on healthy order book
SAAG-RR Infra Ltd (BSE: 531374) saw a spurt in trading on Wednesday, with volumes topping 1.7 lakh shares. Interest in the stock appears to have been triggered by the news that the company has secured a Rs 5-crore order from BHEL, Tiruchy. When ... More

DERIVATIVES MARKETS

Negative outlook for Tata Power, HDFC Bank
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Tata Power: The April futures contract closed at 350.15. The outlook may turn negative if the contract trades below 348. The downside target ... More

IPOS

Shringar Cinemas IPO price fixed at Rs 53 per share
SHRINGAR Cinemas Ltd has fixed the price at Rs 53 per equity share for its public issue of 81.5 lakh shares. The initial public offering closed on April 11 and has been subscribed 8.26 times. The company plans to use the net proceeds of the ... More

Vizag Steel Plant mulls IPO for expansion
VISAKHAPATNAM Steel Plant plans to double its capacity from the present 3.2 million tonnes, and may go in for an IPO after two years to part-finance the project, depending on the market conditions then, according to the Chairman and Managing ... More

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Petro product sales up 1.2% in March; diesel demand falls

Sundram Fasteners' China unit takes off — Zhejiang plant starts third shift

FDI enquiries building up for mid-tier realty cos

Sourav remains brand endorser, but new offers have to wait

Sugar production in UP may touch 48 lt

Crude futures slide 9-10 pc at MCX

In Focus

BHEL Disinvestment

China's revaluation