Financial Daily from THE HINDU group of publications
Wednesday, March 29, 2006
Markets (March 28)
BSE Sensex11086.03(+7.01)
S&P CNX Nifty3325.00 (+3.35)
US Dollar (Buy/Sell)44.68 (+0.02)


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Fidelity launches Special Situations Fund
To target turnarounds, under appreciated firms More

STOCKS


Bulk buying of HFCL shares
Morgan Stanley & Co International bought 67.04 lakh shares of telecom equipment maker Himachal Futuristic Communications Ltd (HFCL) from the stock market over the last two trading sessions, driving up the share prices on Tuesday. After buying .. More

Dhampur Sugar fixes GDR price at $4.81
Dhampur Sugar Mills Ltd has said it has priced its $53.7-million Global Depository Receipts offering at $4.81 a GDR against the closing price of Rs 224 per equity share on the NSE on March 24, the company informed the BSE. The GDRs will be ... More

Hindalco arm to raise funds
Hindalco Industries Ltd has informed the National Stock Exchange that Aditya Birla Minerals Ltd (ABML), the company's wholly owned Australian subsidiary company, is seeking to raise about Australian $250 million (Rs 775 crore) ... More

TECHNICAL ANALYSIS


Volatile movement
Tuesday's trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters remains bullish. Bear domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the ... More

STOCK MARKETS


It is India's time in the limelight: Jhunjhunwala
Are we comparing apples and oranges: Ramesh Damani More

Prism Cement gains on sector play
Mid-cap cement player Prism Cement is gaining on positive market sentiment on cement sector stocks. The stock has gained as much as 20 per cent over the last five trading sessions. The market buzz is that the Hyderabad-based company is planning ... More

RNRL on a downward spiral
Reliance Natural Resources Ltd (RNRL) hit the downward circuit for the fifth trading session running on Tuesday. The stock has now fallen by over 30 per cent to Rs 28.90 from a high of Rs 41.45 touched on March 16. Dealers said the shares are ... More

SEZ move helps Mahindra Gesco
Mahindra Gesco Developers Ltd is on a bull run as investors consider the company to be a good long-term bet after the recent announcement on the Rs 9,000-crore special economic zone project in Pune, dealers said. MGDL rose 6.37 per cent on ... More

COMMENTARY


Profit booking stems bull run; markets end flat
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Stock Quotes
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