Financial Daily from THE HINDU group of publications
Friday, March 24, 2006
Markets (March 23)
BSE Sensex10840.59(-0.76)
S&P CNX Nifty3247.15 (+7.00)
US Dollar (Buy/Sell)44.57 (+0.15)


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FINANCIAL SERVICES


Karvy upbeat on retail financial biz
Karvy, a leading financial services company headquartered at Hyderabad, is bullish on growth in the retail segment of the financial services business. According to its Chairman, Mr C. Parthasarathy, the company proposes to expand its network to ... More

Karvy opens 500th branch at Hissar
Financial Services company, Karvy opened its 500th branch at Hissar in Haryana, according to a press release by the company. The branch will offer services like stock broking, commodities broking, demat services, investments in ... More

STOCKS


SIB stake sale nets ICICI Bank Rs 7.6 cr profit
The sale of 6.71 per cent stake of ICICI Bank in South Indian Bank raises the FII holding in the latter to 22.9 per cent. More

Eastern Silk shareholding undergoes dramatic change
Standard Chartered Trust Co makes complete exit More

Oil marketing PSU stocks see accumulation
Hopes of Govt action on Rangarajan panel report More

Tube Investments' special interim
Tube Investments of India has declared a `special interim dividend' of Rs 17.50 per share (175 per cent) of Rs 10 each, for the year 2005-06. Further, in a notification to the stock exchange, the company has announced a ... More

TECHNICAL ANALYSIS


Volatile swings continue
Thursday's trading activity continued to be volatile. However, the sentiment reading of the tradable counters changed to neutral. Bull domination on Friday is likely to change the sentiment reading in to bullish. On the other hand, the sentiment ... More

STOCK MARKETS


STC up on export plans
State Trading Corporation's market cuppa flowed with activity over its tea exports plans to Russia. The stock on Thursday gained over 10 per cent at Rs 116.80 with a volume of 1.82 lakh shares (2-week average 17,202) on the BSE. It has already ... More

Kemrock powered by wind energy
Is Kemrock Industries & Exports doing exceedingly well on the back of huge orders from Suzlon Energy? Grapevine has it that the orders are for windmill blades. Market expectation is that the company's turnover for the quarter ending March 31, .. More

COMMENTARY


Metals, capital goods gain, tech stocks stay weak
Selective buying interest in mid-cap, small-cap space More

IPOS


Emkay Share and Stock Brokers fix IPO price band at Rs 100-120
Stock broking firm Emkay Share and Stock Brokers Ltd on Thursday said it has fixed a price band of Rs 100-120 per share for its initial public offering of 62,50,000 equity shares of Rs 10 each. The company hopes to mobilise Rs 75 crore (at ... More

PUBLIC OFFER


Tantia upbeat on Rly infrastructure
Tantia Constructions Ltd (TCL), the Kolkata-based infrastructure construction company specialising in railway infrastructure is upbeat on business prospects in the Rail sector. The company expects the railway infrastructure to receive a big ... More

PEOPLE


Franklin Templeton India gets new head
Franklin Templeton Investments (India) has appointed Mr Vivek Kudva as President - India. He will be responsible for overseeing the India Asset Management business and will be working closely with the Managing Director for Asia & CEEMEA ... More
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