Financial Daily from THE HINDU group of publications
Saturday, September 17, 2005
Markets (Sept 16)
BL 2502508.36 (+22.68)
BSE Sensex8380.96 (+97.20)
S&P CNX Nifty2552.35 (+28.40)
US Dollar (Buy/Sell)43.83/43.97
Gold Std (10 gm)6555 (+100)


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Insight Share Brokers plans to open 150 offices in 6 months
INSIGHT Share Brokers Ltd intends to open 150 more branches across the country in the next six months, taking the total number of its branches to 400, the company's Director & CEO, Mr A.K. Singh, told Business Line today. The company, ... More

MUTUAL FUNDS


New MF products stuck with SEBI
THOUGH the Finance Ministry and the mutual fund industry have attempted to offer innovative and global products to investors, none of these have so far been launched, as the Securities and Exchange Board of India (SEBI) is yet to approve these ... More

TECHNICAL ANALYSIS


Bulls reign
THE bulls were in total command of Friday's trading activity. Their dominance left the bears stranded. The sentiment reading of the tradable counters remains bullish. Bear domination on Monday is likely to marginalise the bull count thereby ... More

STOCK MARKETS


Bharti Tele, L&T, Maruti lead Sensex surge
WITH oil prices easing off and continued buying support from foreign institutional investors and mutual funds, the stock markets continued to sizzle and the indices moved further north. On a day of unbridled bullishness in the market, the ... More

Aegis firm on expansion moves
AEGIS Logistics is moving up on hopes of expansion of its port-based logistic business to new locations. The stock on Friday closed 5 per cent up at Rs 178.80 on the BSE with a traded quantity of 81,852 shares. According to market sources, the ... More

Broking and investment banking firms in limelight
WITH stock prices and indices touching new highs every day, the shares of stock broking and investment banking firms are witnessing increased activity. The increased activity is due to the sharp rise in the turnover on the stock exchanges, ... More

Timex promoters to reduce stake below 75 per cent
TIMEX Watches Ltd has said its promoter companies Timex Watches BV and Time Master BV have decided to reduce their holding in the company to below 75 per cent. The promoter companies have decided to reduce their existing holding of 83.54 per ... More

COMMENTARY


HDFC, Bharti Tele power gains
THERE appears to be no stopping the juggernaut called the Indian stock market, as the Sensex posted handsome gains for the 12th time in the last 13 trading sessions. The Sensex rose 97.2 points to settle at 8380.96 points; the Nifty gained ... More
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