The Hindu Business Line : Saturday, May 20, 2006

Pru ICICI takes stake in small, mid-size cos
Prudential ICICI Mutual Fund appears to have stepped up activity in the past few days, as evident from its decision to pick up stakes in a clutch of companies, mostly small and mid-sized. Several equity funds in the Pru ICICI stable have zeroed ... More

STOCKS

Tata Metaliks firm on `buy' report
The stock of foundry-grade pig iron producer Tata Metaliks ruled firm in an otherwise volatile market. While brokers said that sentiment at the counter was largely due to a `buy' report by a leading broking house, analysts ... More

Murudeshwar looks attractive
Despite mirroring the market's current bearish sentiment, the outlook on Murudeshwar Ceramics is positive. The company is in the lucrative value-added and vitrified tile segment and commands 50 per cent market share in the South. Analysts said ... More

TECHNICAL ANALYSIS

Bears prevail
Bears prevailed over Friday's trading activity. The sentiment reading of the tradable counters remains bearish. Bull pressure on Monday is likely to neutralise the sentiment reading. On the contrary, the prevailing bearish sentiment is likely to ... More

STOCK MARKETS

Is the FM keen on joining the Sensex party?
Friday is all red. And tickers tell the story: `Sensex sinks 452 points,' `No respite from falling market,' `The beginning of the end or just a blip?', `Sensex crash course', and so on. All this, despite the Finance Minister jamming the brakes on ... More

Cutting the Gordian knot
FIIs' earnings from share trading as business income More

DRAFT INSTRUCTIONS
The fifteen commandments
The Central Board of Direct Taxes (CBDT) in its Instruction No. 1827 dated August 31, 1989, had laid down certain tests to distinguish between shares held as stock-in-trade and shares held as investment. The following supplementary ... More

Slide show
HUE & CRY: Stock traders are closely watching the market fall at SMC Investments Solutions and Services, a share trading house in Kolkata on Friday. The BSE Sensex lost 452.82 or 4 per cent to 10,938.61 after plunging 6.8 per cent on Thursday. . More

DEBT MARKET

Citibank, Barclays invest in IOB bonds
Citibank and Barclays have invested in the second tranche of perpetual bonds of Indian Overseas Bank. The two institutions invested Rs 50 crore and Rs 20 crore, respectively. But the dominant investor was again Darashaw & Co of Mumbai, which put More

FOREIGN INSTITUTIONAL INVESTORS

The bear party continues
FII exodus wipes off Rs 1,30,042 cr of investor wealth in single day More

Bring back long-term capital gains tax: CPI(M)
`Review double taxation avoidance pact with Mauritius' More

INTERVIEW

India in a 10-year bull phase: DSP-ML
The Chairman of DSP Merrill Lynch, Mr Hemendra Kothari, believes that the correction was a natural one, which came in with the decline in other markets. Mr Kothari expects volatility in the market to continue. He also says that though ... More

COMMENTARY

Carnage continues amid volatile condition
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