The Hindu Business Line : Thursday, March 30, 2006

Market expectations
The marketmen are expecting rich rewards from Infosys Technologies Ltd over the next few months. The occasion, they said, would be that of Infosys completing 25 years of operations in July and crossing the $2-billion revenue mark by the end of ... More

VSNL gains on realty buzz
Videsh Sanchar Nigam Ltd (VSNL) was locked in the 10 per cent upper circuit band on buzz that the company was moving to sell its real estate property to unlock substantial value for the shareholders, dealers said. They said the spurt in the ... More

Profit-booking in India Cements
South-based cement maker India Cements is seeing selling by foreign funds. On Wednesday, CLSA sold 11.05 lakh shares at Rs 161. CLSA's sale comes after ABN AMRO Bank sold 10 lakh shares on March 16 at Rs 164. On March 2 and 3, foreign funds GMO ... More

Kotak Mahindra buys 4.99 pc in Vimta Labs
Kotak Mahindra (UK) Ltd has informed the stock exchanges that New Vernon India Ltd, Premier Investment Fund Ltd and Voyager Fund Mauritius Ltd (sub-accounts of Kotak Mahindra (UK) Ltd) have acquired 11,02,925 shares of Vimta Labs Ltd , the ... More

TECHNICAL ANALYSIS

Bull domination
Bulls dominated the Wednesday's trading action. The sentiment reading of the tradable counters remains bullish. Bear domination on Thursday is likely to neutralise the sentiment reading. On the contrary, the prevailing bullish sentiment is likely ... More

FOREIGN INSTITUTIONAL INVESTORS

FIIs can buy shares in ADAG cos
The foreign institutional investment limit in certain Reliance group companies has fallen below the caution limit. Therefore, FIIs can purchase the shares in the secondary market under the portfolio investment scheme, said ... More

COMMENTARY

Sweet run continues for Sensex
More

PUBLIC OFFER

Opto Circuits fixes offer price at Rs 240-270
The price band for the follow-on public offer of healthcare equipmentcompany Opto Circuits (India) Ltd has been fixed between Rs 240 and Rs 270. The company expects to raise Rs 108 crore to upgrade its research facility and fund working capital ... More

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