The Hindu Business Line : Thursday, October 20, 2005

Correction
With reference to the report headlined `NEPC India shareholders to get 12.5 shares in new company for every 100' published in these columns on October 19, NEPC India has clarified that the Khemka family is not a part of the investor group. ... More

MUTUAL FUNDS

Long-term gilt funds face reversal in investor mood
ARE long-term gilt funds witnessing a reversal of investor sentiments? Strange as this may sound, the latest inflow figures logged by some of these schemes suggest exactly that. A listless g-sec market and negative news flow seem to have little ... More

Sahara MF plans infrastructure fund
SAHARA Mutual Fund has worked out a scheme to invest chiefly in companies operating in the infrastructure sector. Sahara Infrastructure Fund will come with two pricing options, fixed and variable, with growth and dividend sub-options. The ... More

Prudential ICICI launches Services Industries Fund
NEW DELHI: Prudential ICICI Asset Management Company has announced the launch of the Prudential ICICI Services Industries Fund. This fund is an open-ended equity scheme that seeks to generate capital appreciation and income distribution ... More

TECHNICAL ANALYSIS

Bear domination
THE sentiment reading of the tradable counters continues to remain bearish. Bull domination on Thursday has the potential to neutralise the sentiment reading. On the contrary, the prevailing bearish sentiment is likely to be continued. Nifty ... More

STOCK MARKETS

Sensex falls 151 on FII outflow fears — Bearish sentiment across global equity markets
STOCK prices continued their downward trend on Wednesday with the benchmark BSE Sensex closing below the 8,000-mark, amid fears that a sliding rupee and weak international markets could lead to higher FII outflows. The rupee touched a low of ... More

`Decline in cement stocks provides buying opportunity'
CEMENT stocks have been slipping, in line with the downbeat market sentiment. But analysts feel that the situation has provided an opportunity for certain market players to buy. According to Mr Deepak Jain of Anagram Stockbroking, cement ... More

Funds pick up 11.5% stake in Greenply Ind
LEADING FIIs - Morgan Stanley and Bear Stearns Asset Management - along with domestic fund house Sundaram Mutual Fund have picked up more than 11 per cent stake in Greenply Industries, plywood and decorative laminates company. Most of ... More

Suzlon lists at 35% premium to issue price
SUZLON Energy, a wind power company, today debuted at a premium of 35 per cent to the issue price of Rs 510 and entered into the day's list of top 20 listed companies based on market capitalisation. Trading in the futures and options also ... More

All-round redemption pressure
SUSTAINED fall in key indices has forced big market players to unwind their position in the derivatives market. The margin calls have stepped up further pressure on players to reduce their leveraged positions in stocks and index futures. ... More

COMMENTARY

Markets wilt under global woes and weak rupee
THE recent carnage at the stock market was extended to Wednesday's trading as well. The weakness in the rupee and the bearish pressure across major global markets affected domestic sentiment. The BSE Sensex dropped by 151.19 points to close at ... More

PEOPLE

Krishnamurthy Vijayan quits JM Mutual Fund
MR KRISHNAMURTHY Vijayan, CEO of JM Mutual Fund, has resigned. Ms Dipti Neelakantan has taken over as the acting chief executive. Mr Vijayan, according to a press release from the MF, has left to pursue other professional interests. Ms ... More

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