The Hindu Business Line : Tuesday, February 21, 2006

Bird flu fall-out — Hatcheries, hotel stocks decline; pharma cos gain
WEAK sentiment drove down the share prices of companies in hatcheries, food processing, and hospitality sectors on Monday following the reported incidents of bird flu. In contrast, the prices of Cipla, which is launching the generic version of ... More

Suryavanshi Spinning `realigning' to pref offer price levels
SURYAVANSHI Spinning declined further today ahead of its EGM on February 22. The stock had scaled its 52-week high at Rs 98.05 on the BSE on January 27 on expectation of a preferential issue with a premium. The company has since made a ... More

TECHNICAL ANALYSIS

Bull domination
THE bulls dominated over Monday's trading activity. However, the sentiment reading of the tradable counters remains bearish. Bull pressure on Tuesday is likely to change the sentiment reading in their favour. On the contrary, the bearish ... More

STOCK EXCHANGES

Calcutta SE to roll out demutualisation scheme with new CEO
CALCUTTA Stock Exchange, which hopes to carry out a demutualisation programme, will for the first time have a CEO. The exchange, currently managed by a SEBI-appointed Administrator, has initiated a search. The CSE demutualisation scheme, ... More

`Subsidiary route not long-term solution for regional stock exchanges'
ASSERTING that the subsidiary route adopted by the regional stock exchanges (RSEs) to be a part of the stock market action would not take them very far, the SEBI (Securities and Exchange Board of India) Chairman, Mr M. Damodaran, has underscored ... More

STOCK MARKETS

Mangalam Cement up on fund buying
MANGALAM Cement moved up by over 10 per cent on Monday on accumulation by some funds, dealers said. There was also considerable buying interest from investors on higher dispatches this month, they said. The recent announcement that it has ... More

FOREIGN INSTITUTIONAL INVESTORS

Merrill Lynch hikes stake in Indiabulls
MERRILL Lynch Capital Market Espana SA SV has increased its holding in Indiabulls Financial Services Ltd. After the recent purchase, its shareholding has increased to 5.25 per cent. The FII purchased the shares from the secondary ... More

COMMENTARY

Infosys, HLL, Reliance lead Sensex into 10,000-mark — Mid & small-cap stocks suffer
REPORTS of bird flu may have bulls stay off chicken for a while, but it has certainly not kept them away from the markets. After a rocky start that dragged the Sensex down by 85 points to the day's low, sentiment recovered and the bulls swung ... More

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