The Hindu Business Line : Thursday, October 06, 2005

Making sense of the Sensex
A NATION-WIDE industrial strike leading to a substantial loss of production, lacklustre performance by most emerging markets, the oil price above $66 per barrel, SEBI banning some Kolkata-based brokers for their ... More

MUTUAL FUNDS

Benchmark Mutual Fund plans ETF on sectoral indices
BENCHMARK Mutual Fund, which specialises in managing exchange traded funds (ETFs), has lined up a scheme that will try to generate returns through investment in securities represented by a host of sectoral indices. The indices - the offer ... More

Tata Mutual Fund unveils contrarian investment plan
TATA MF today announced the launch of a fund named Tata Contra Fund that will allocate at least 70 per cent of its assets using the contrarian investment approach. A release quoted Mr Ved Prakash Chaturvedi, MD, as saying that contrarian ... More

Principal Mutual, Allahabad Bank may join hands
The two parties will shortly make an announcement, sources said, adding that the bank plans to offer all schemes managed by the fund house. Initially, this will be done through select branches. The proposal is part of Principal MF's strategy ... More

TECHNICAL ANALYSIS

Bulls stranded
WEDNESDAY'S trading activity witnessed bears putting a stop to the two-day bull-run. However, sentiment reading of the tradable counters remains mildly bullish. Bear domination on Thursday is likely to change the sentiment reading bearish. On ... More

STOCK MARKETS

Torrent Pharma up on milestone payment talk
TORRENT Pharma on Wednesday finished marginally up at Rs 647. But during the session it created a new 52-week high at Rs 654.85. According to market players, the brewing expectation around the counter was regarding a possibility of a milestone ... More

FOREIGN INSTITUTIONAL INVESTORS

Simplex Concrete gets FIPB nod to issue shares to Beethoven
THE Foreign Investment Promotion Board (FIPB) has approved a proposal by construction company Simplex Concrete Piles (India) Ltd to issue 12.85 lakh equity shares to Mauritius-based Beethoven Ltd, for Rs 93.32 crore. The proposal involved issue ... More

COMMENTARY

Banks, FMCG, metal stocks in the red
MARKETS shed the buoyant sentiment of the past two trading days, with the Sensex ending 75.94 points (or 0.86 per cent) lower during the day's trading. The pronouncements by Standard & Poor's that interest rates may harden in India, weak trend in More

IPOS

Adhunik Metaliks plans Rs 100-cr issue for expansion
ADHUNIK Metaliks Ltd plans to come out with a public issue of Rs 100 crore by end-December to part-finance its Rs 437.36-crore expansion programme involving the manufacture of high auto grade steels at its Rourkela facility. This is in addition ... More

ECONOMIC OFFENCES

SEBI bar on directors of Ind Tra Deco, Eltrol
SEBI has cracked down on the directors of two more companies with immediate effect for alleged rigging in the stock price of their companies. The two companies are Ind Tra Deco and Eltrol. The market regulator has said the promoters and ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line