Financial Daily from THE HINDU group of publications
Saturday, March 11, 2006
Markets (March 10)
BSE Sensex10765.16(+191.62)
S&P CNX Nifty3183.90 (+54.80)
US Dollar (Buy/Sell)44.51 (+0.01)


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MARKETS

NEW FUND OFFER


Kotak Lifestyle scheme garners Rs 860 cr
Kotak Lifestyle, a diversified equity-oriented mutual fund scheme of Kotak Mahindra AMC, has garnered Rs 860 crore in its recently concluded New Fund Offer (NFO). In a press release here, Mr Sandesh Kirkire, CEO, Kotak Mahindra Asset ... More

STOCKS


Bajaj Auto surges on hopes of demand growth
The scrip has been a big buzzer on the bourses all month More

KEC International begins trading
Following the de-merger to create new listed companies - KEC International and KEC Infrastructure, the shares of KEC International were listed on Friday on the stock exchanges at Rs 425. The shares had been suspended since mid-February for ... More

Gitanjali ends at a discount
Shares of Mumbai-based Gitanjali Gems made its debut on the stock markets on Friday at Rs 215 (on the BSE), but closed at a discount of 14.28 per cent at Rs 167.60, compared to the offer price of Rs 195 per share. On the NSE too, the shares ... More

TECHNICAL ANALYSIS


Bull domination
Bulls dominated the Friday's trading action. The sentiment reading of the tradable counters changed to bullish. Bear domination on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment ... More

STOCK MARKETS


IT, banking stocks rally, lift Sensex 191 points
Renewed buying by foreign and domestic funds fuelled share prices for the second day running on Friday with the benchmark BSE Sensex up 191.62 points at an all-time high of 10,765 points. The 50-share S&P CNX Nifty rose by 54.8 points (1.75 per . More

Rama Paper in bear spell
While most of the peer group companies are doing well, UP-based small cap Rama Paper Mills Ltd is lying low on account of lower-than-expected earnings growth, dealers said. The share prices have gone down by over 10 per cent over this week to end ... More

Speculative buying in Hinduja TMT
IT, media and BPO firm Hinduja TMT rose on speculative buying on Friday. The low-equity base of the company makes the counter "speculators delight", dealers said. Further, the expansion plans of the company's Bangalore BPO centre are also ... More

Value unlocking buzz boosts GTL
Share price of telecom equipment player GTL Ltd was in the spotlight on Friday, gaining by over 13 per cent on big volumes. Dealers said investors see unlocking of substantial value following its proposed restructuring. The restructuring will ... More

INTERVIEW


Indian markets will outperform for next 10 years, says Faber
Fundamentals in emerging economies best in 50 years More

COMMENTARY


IT, capital goods help markets bounce back
A wave of fresh buying helped the markets stage a sharp recovery on Friday. Expectations of a correction evaporated as the indices crept steadily upward through the day's trading. Frontline stocks stole the day again, with the mid-cap indices ... More

IPOS


Air Deccan IPO not now
Advised to wait till fiscal year is over More
Stock Quotes
SE Diary



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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Indian markets will outperform for next 10 years, says Faber


`RBI will manage liquidity through range of tools'

Tyre manufacturers to import 25,000 t rubber

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Forex reserves rise $1.5 b

Oil India, IOC to buy 90 pc stake in African block

`Product duplication prevalent in every industry'

`India can be made manufacturing hub'

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Feb. 26-Mar. 4
You stand in coldest expectation

LIC plans to invest Rs 13,000 cr in equities — Favours bank stocks

MFs keen to tap global opportunity

Equity fund redefined

UTI Mutual to enhance international operations

FIIs unlikely to rush for G-Secs, corporate bonds

Balanced funds may lock into higher equity pie



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