The Hindu Business Line : Wednesday, November 09, 2005

Cement stocks firm after price hike
CEMENT stocks were in the forefront among market movers today as the demand for the commodity continues to be strong in the beginning of the new construction season, despite a recent Rs 5 per bag (50 kg bag) average price rise the Mumbai ... More

TECHNICAL ANALYSIS

Bull run extended
BULLS extended their domination over Tuesday's trading activity. The sentiment reading of the tradable counters continued to remain bullish. Bear domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, ... More

STOCK MARKETS

Sensex moves up 111 on fresh FII buying
STOCK prices continued their upward movement for the fifth day in a row as FIIs returned to make fresh purchases even as the rupee touched a new low of 46 against the US dollar in early morning trade. The BSE Sensex opened firm and moved up ... More

FII interest brightens Suzlon
SUZLON Energy, a wind energy company, was among the major gainers on Tuesday. The stock rose 5.06 per cent at Rs 762.15 on the BSE with volumes of 16.47 lakh shares and on the NSE, it closed at Rs 763.65, up 5.28 per cent, with 30.71 lakh shares ... More

COMMENTARY

Sensex rally continues on robust buying
THE markets continued their buoyant momentum for the fifth successive day, with the Sensex rallying by 110.97 points to close the day at 8317.8 points. The Sensex constituents witnessed robust buying activity, with 26 of the 30 stocks advancing ... More

IPOS

AIA Engg IPO price band set at Rs 275-315
AIA Engineering Ltd, an Ahmedabad-based company, has priced its initial public offering of shares at Rs 275-315 per share. The company is offering 47 lakh shares of Rs 10 each in the IPO, which is through a book-building process. If fully ... More

TCIL revamps accounting to ready for IPO
STATE-OWNED Telecommunications Consultants India Ltd (TCIL) today paid a Rs 21.6-crore dividend to the Government for 2004-05, and said it sought to revamp financial accounts of the last five years as a pre-requisite for public offering. The ... More

PUBLIC OFFER

Union Bank targets 11.5% CAR post-public issue
UNION Bank of India hopes to achieve a capital adequacy ratio of 11.5 per cent after it completes its follow-on public issue, slated for later this year. The bank, which plans to issue 4.5 crore shares to the public, has already sought the ... More

City Union Bank likely to come out with public issue
THE Chairman of the City Union Bank, Mr S. Balasubramanian, today hinted at a possibility of the bank coming out with a public issue. At a press conference held to announce the bank's half-yearly results, he said the bank was exploring options ... More

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