Financial Daily from THE HINDU group of publications
Thursday, April 20, 2006
Markets (April 19)
BSE Sensex11895.98(+74.41)
S&P CNX Nifty3535.85 (+17.75)
US Dollar (Buy/Sell)45.15 (0)


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FINANCIAL SERVICES


Motilal Oswal offers 9% stake to foreign equity investors
Motilal Oswal Financial Services Ltd (MOFSL), one of the major stock broking outfits, has offered 9.29 per cent stake in the company to two foreign private equity investors — New Vernon Private Equity Ltd and Bessemer Venture Partners ... More

STOCKS


CDR talk boosts UB Engg
UB Engineering hit the five per cent upper circuit on Wednesday on the buzz that the company was in the final stages of CDR (corporate debt restructuring) package. Dealers said the Pune-based company's shares were also being accumulated ahead ... More

Indoco up on acquisition buzz
The Mumbai-based small-cap pharma firm Indoco Remedies touched its 52-week high early this week at Rs 412 on the buzz that the company was in talks with 2-3 companies in Germany and the UK for acquisitions. Dealers said Indoco was looking at ... More

Reliance reaches pre-demerger rates
Exactly three months after the de-merger of the four companies - Reliance Communications Ventures, Reliance Natural Resources, Reliance Energy Ventures and Reliance Capital Ventures to the Anil Dhirubhai Ambani Group - the Reliance ... More

TECHNICAL ANALYSIS


Volatile movement
Wednesday's trading activity witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear pressure on Thursday is likely to change the sentiment reading in its favour. On the contrary, the prevailing bullish ... More

STOCK EXCHANGES


China woos India Inc to list on its bourses
`It will enable Indian cos to buy Chinese firms put on the block' More

STOCK MARKETS


Sensex gains on volatile day, smells 12k
On a volatile day of trade, the Sensex came tantalisingly close to the 12,000-mark before being dragged down by profit-booking. The 30-stock benchmark index registered a record high at 11,986.09 points before closing at 11,895.98, a 74.41-point ... More

ASSET MANAGEMENT COMPANIES


UTI Mutual Fund maintains top slot in asset management
Most players added significantly to their asset base More

COMMENTARY


Heightened activity in pivotals pushes up Sensex
More

IPOS


DLF appoints more book running lead managers for IPO
Land bank valued at Rs 80,000 crore across Indian cities More

The wisdom of IPO rating
Presence of a dispassionate observer would halt promoters on the rampage in their tracks. More


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