The Hindu Business Line : Sunday, September 18, 2005

Indian stocks are hot picks for foreign investors
Value of foreign holding in Nifty stocks doubles
FOREIGN investors continue to fancy large-cap Indian stocks with the flood of dollars going into these stocks remaining unabated. During the period June 2004 to June 2005, they have pumped in about Rs 28,000 crore or just more than $6 ... More

Riding the market boom with weak fundamentals
AS the stock market is booming, bulls don't seem to leave even stocks of companies with weak fundamentals. Share prices of such companies have seen sharp appreciation in the last month with price rising as much as 300 per cent in some stocks. A ... More

CPI MP seeks probe into stock market rally
THE Communist Party of India (CPI) MP and General Secretary of the All India Trade Union Congress (AITUC), Mr Gurudas Das Gupta, on Saturday demanded an immediate enquiry into the source of funds that is pushing the stock market indices to ... More

After 15 years of reforms, desi firms hold their own against MNCs
HOMEGROWN companies have managed to hold their own against competition from multinationals across most sectors, nearly a decade and a half after the economy opened up to foreign competition. Although the doomsayers had predicted the curtains ... More

Oil prices mismatch — Essar asked us to close bunks, say franchisees
WITH the mounting mismatch between domestic and international prices of diesel and petrol in the retail market, Essar Oil Ltd has asked its franchisees to close their bunks till March 2006 or accept considerably reduced supplies, according to two ... More

Forex reserves drop by $278 m
THE country's foreign exchange reserves dropped marginally by $278 million for the week ended September 9 due to currency revaluation. According to Reserve Bank of India's Weekly Statistical Supplement, total foreign exchange reserves ... More