Financial Daily from THE HINDU group of publications
Saturday, January 21, 2006
Markets (January 20)
BSE Sensex9520.96 (+71.12)
S&P CNX Nifty2900.95 (+30.10)
US Dollar (Buy/Sell)44.20/44.33


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MARKETS

INVESTMENTS


Pvt equity investments up $700 m in 2005: Study
INVESTMENTS from private equity and venture capital firms in Indian companies in 2005 recorded an increase of $700 million over 2004, according to data from Venture Intelligence India, a division of TSJ Media that provides data on private equity, ... More

INSIGHT


Stock valuation: The apex court's verdict
According to a recent Supreme Court ruling, it is settled law that the true profit of a business for an accounting period cannot be ascertained without taking into account the value of the stock in trade at the end of the period and that such valuati on is a necessary element in the process of determining the trading profit of the period. More

STOCKS


Rising prices add sweetness to sugar stocks
SHARES of sugar manufacturers, including Ugar Sugar Works Ltd, Oudh Sugar, Sakthi Sugar, Sree Renuka Sugar, Rana Sugars, EID Parry, Bajaj Hindustan and Balrampur Chini Mills, continued to rise on the stock markets on Friday. Investors are ... More

Suryalakshmi Cotton
HYDERABAD: Suryalakshmi Cotton Mills Ltd has informed the stock exchanges that the recently held EGM, has passed the resolution to issue 14.28 lakh fully paid-up equity shares of a face value of Rs 10 each at a premium of Rs 235 on ... More

TECHNICAL ANALYSIS


Bulls prevail
THE sentiment reading of the tradable counters remained bullish. Bear pressure on Monday has the potential to change the sentiment reading in their favour. On the other hand, the prevailing sentiment is likely to be further strengthened with ... More

STOCK MARKETS


Siemens up on stock split news
SHARES of Siemens Ltd rose by over 10 per cent on Friday on stock split buzz. On the BSE, the shares closed at Rs 4,102.80, up by 10.66 per cent compared with Thursday's close of Rs 3,707.50. The company later informed the stock exchanges that ... More

COMMENTARY


Rally continues for second day
THE markets rallied for the second successive day, with the Sensex gaining 71.12 points (or 0.75 per cent) to settle at 9,520.96 points. Unlike the rampaging bulls seen on Thursday's trading, the markets remained relatively subdued, though in the ... More
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