The Hindu Business Line : Saturday, January 14, 2006

SBICAP Securities on aggressive expansion
SBICAP Securities Ltd, a wholly-owned subsidiary of SBI Capital Markets Ltd is aggressively trying to expand its branch network. This retail broking company has, within three-months of being hived-off as a separate business unit of SBI Capital ... More

STOCKS

Educomp Solutions up 100% on Day 1
EDUCOMP Solutions, a computer education company, today listed at more than 100 per cent premium to the issue price of Rs 125. However, trading volumes in its debut far exceeded the total paid-up capital of the company. The stock opened at Rs ... More

Worldwide Leather jumps on gradual mop-up
WORLDWIDE Leather Exports has been moving up steadily on the BSE in the past one month on gradual mopping up by a group of operators. Today, it closed with a gain of around five per cent at Rs 66.70 and recorded 62,306 shares against the ... More

TECHNICAL ANALYSIS

Volatile movement
TODAY market witness volatile movement. The sentiment reading of the tradable counters turned bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the bullish sentiment is likely to be ... More

STOCK MARKETS

EIL dividend hopes keep it strong
ENGINEERS India Ltd (EIL) continued to rise on Friday to end at Rs 899.4, up Rs 16.80 from Thursday's close of Rs 882.60. The stock hit an intra-day high of Rs 1,020. It has increased by 26.32 per cent in about a week's time. On the NSE, the ... More

FOREIGN INSTITUTIONAL INVESTORS

Fidelity buys 6.74% stake in Aurobindo Pharma
FIDELITY International Ltd (FIL) has informed the stock exchanges that it has, along with FMR Corp and its direct and indirect subsidiaries, acquired 35,90,746 shares of the Hyderabad-based Aurobindo Pharma Ltd (APL), aggregating to 6.74 per cent ... More

ASSET MANAGEMENT COMPANIES

HSBC global committee to meet in Mumbai for a closer look of India
IT is destination India for the global management committee of HSBC Investment Businesses. Its forthcoming meet in Mumbai - in India, for the first time - will reflect the country's ascending status on the international investment terrain. ... More

REGULATORY BODIES & RULINGS

SEBI restrains Jermyn Capital from Indian market due to KP links
SEBI has restrained Jermyn Capital LLC, a sub-account of FII Taib Bank, from trading in Indian securities market for its alleged involvement with Ketan Parekh. The SEBI order said there are linkages between Jermyn Capital LLC, Jermyn Capital ... More

Rigging in penny stocks: SEBI pulls up CSE
SEBI has pulled up the Calcutta Stock Exchange for failing to detect and stop price rigging in penny stocks and asked the exchange to be more vigilant to avoid such trading on the exchange in future. In its order on Thursday, SEBI said share ... More

COMMENTARY

Banking, steel stocks lead the plunge
MARKETS closed in the red after a day of cautious trading. The day began on a buoyant note with the Sensex reaching an intra-day high of 9471.9. Markets however refused to shed the disappointment over less-than-expected results of companies ... More

IPOS

Chidambaram promises action against YES Bank, IDFC IPO scam culprits
"We have identified the culprits who perpetrated the scam in both the issues." More

INOX price band fixed at Rs 100-120
INOX Leisure, a company that operates a chain of multiplexes, has fixed price band of Rs 100 to Rs120 per share for its forthcoming initial public offer. The company is entering the capital market with an offer of 1.65 crore equity shares of Rs ... More

RBI seeks details from banks involved in IPO irregularities
THE Reserve Bank of India has asked for explanations from all banks involved in IPO irregularities and will take action on the basis of their responses. In a press release issued on Friday, the RBI said it has taken up detailed investigation ... More

PUBLIC OFFER

Follow-on public issue
BoB price band at Rs 210-230, Andhra Bank's Rs 82-90
BANK of Baroda (BoB) and Andhra Bank, whose issues are opening on January 16, have announced the price bands. Both the follow-on issues will close on January 20. BoB has fixed the price band between Rs 210 and Rs 230 for its public issue of ... More

Stock Quotes
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