The Hindu Business Line : Friday, May 05, 2006

SBI Magnum IT Fund returns put at 104%
Value Research that tracks the performance of mutual funds has shown that the IT sector has grown by 69 per cent over the past one year More

Rajan Krishnan is new biz head of Principal Mutual Fund
Principal Mutual Fund is bringing about key changes on the HR front. These include the re-designation of Mr Rajan Krishnan, now in charge of sales, as the new business head. The move follows a recent decision by Mr Sanjay Sachdev, who has headed ... More

STOCKS

United Phos active on numbers
Anticipation of good Q1 results keeps interest in the stock buoyant More

Bonus/split tune in BHEL
Public sector engineering major BHEL attracted buying interest in early trade on Thursday. Dealers said a big corporate announcement that includes bonus or a stock split may be in the offing. The counter saw some accumulation by operators, ... More

JP Morgan downgrades Indian stocks as `Bharat PE achieved'
It changes rating to `underweight' from `neutral' More

SREI Infra up on stake sale buzz
Shares of SREI Infrastructure Finance hit the 20 per cent upper circuit on good volumes on market buzz that a leading financial institution may pick up substantial stake in the company, dealers said. The shares hit Rs 68.50 compared to the ... More

TECHNICAL ANALYSIS

Bulls prevail
Thursday's trading activity witnessed volatile movement. However, sentiment reading of the tradable counters remains bullish. Bear pressure on Friday is likely to change the sentiment reading in their favour. On the contrary, the prevailing ... More

INTERVIEW

`We advise our unit holders to stay invested'
Corporate results that have flown in so far are quite decent on the whole More

COMMENTARY

Market volatile; capital goods, metal stocks go red
More

IPOS

Renaissance Jewellery files prospectus for IPO
Mumbai-based Renaissance Jewellery has filed draft prospectus for its initial public offer (IPO) with the Securities and Exchange Board of India. The company intends to offer 35.10 lakh equity shares of Rs 10 each at a price to be fixed through ... More

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