Financial Daily from THE HINDU group of publications
Tuesday, January 03, 2006
Markets (January 2)
BSE Sensex9390.14 (-7.79)
S&P CNX Nifty2835.95 (-0.60)
US Dollar (Buy/Sell)45.03/45.16


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Bajaj Cap opens Mangalore branch
MANGALORE: Bajaj Capital opened its 106th branch in the country at Mangalore on Monday. Inaugurating the branch here, Mr George Thomas, Regional Head (South), Bajaj Capital, said Mangalore branch is the 34th branch in the southern ... More

NEW FUND OFFER


HDFC MF launches close-ended fund
HDFC Mutual Fund is launching a long-term equity fund, a close-ended equity scheme. The fund has a maturity period of five years with automatic conversion into an open-ended scheme upon maturity. The new fund offer opened on December 30, ... More

Principal PNB AMC launches infrastructure & services fund
PRINCIPAL PNB Asset Management Company on Monday announced the launch of its mutual fund scheme `Principal Infrastructure & Services Industries Fund', which will invest in equities of companies in the infrastructure and services ... More

MUTUAL FUNDS


India-specific ETF lists on LSE — Fund eyes mid-cap space
Caledonia-backed fund places 75-m shares at 100 pence More

TECHNICAL ANALYSIS


Volatile movement
MONDAY'S market witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear domination on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish ... More

STOCK MARKETS


Mid, small-cap stocks open New Year on a high — Fertiliser, sugar in the limelight
YEAR 2006 started on an optimistic note for mid-cap and small-cap stocks while large-cap stocks, save Reliance Industries, remained lacklustre. Monday was the first trading day of the year. The mood at small-cap and mid-cap counters was evident ... More

Funds' backing seen in Indraprastha Medical
INDRAPRASTHA Medical has begun to witness accumulation in view of institutional and other big players' renewal of attention towards mid- and small-cap stocks. The stock recorded a traded volume of 2.72 lakh shares on the BSE against the ... More

REGULATORY BODIES & RULINGS


SEBI plans to set up securities training institute
THE SEBI is planning to set up a National Institute of Securities Market near Mumbai. The institute will primarily cater to training and research in securities market. SEBI has ambitious plans of promoting the institute as a regional learning ... More

COMMENTARY


Large-cap stocks witness selling pressure
After opening on a positive note, markets went on a downswing to end the session on a flat note. The benchmark Sensex closed at 9,390.1, down 7.8 points, while the broader Nifty lost less than a point at its close of 2,835.9. More

IPOS


IPO final prices
CELEBRITY Fashions, one of the leading exporters of men's shirts, has fixed its IPO at 180 per share. The company has come out with an IPO of 45.50 lakh shares through book-built issue. Educomp Solutions Ltd: Educomp Solutions, a ... More

Nitin Spinners plans to raise Rs 49 crore through IPO
NITIN Spinners, a textile company, plans to raise Rs 49 crore through an initial public offering. The price band of the issue through book-building process has fixed between Rs 18-21. The issue opens on January 6 and closes on January 12, the ... More

Visa Steel to tap primary market
VISA Steel has filed its offer document with the Securities and Exchange Board of India (SEBI) for 3. 5 crore equity shares at a premium to be decided through a book building process. The proceeds of the issue will be used to finance a part of ... More


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