Financial Daily from THE HINDU group of publications
Monday, May 22, 2006
Markets (May 22)
BSE Sensex10481.77(-456.84)
S&P CNX Nifty3081.35)(-165.55)
US Dollar (Buy/Sell)45.60 (+0.01)


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INSIGHT


Tsunami on Dalal Street
"Rupees 4 lakh crore of wealth wiped out in two days flat," remarked Rinku opening the discussion at the weekend hangout. "What?" screamed Wafers. "Do you know how many zeroes are in that number?" Rinku ... More

Be sensible about Sensex
Few things stood out as much in the minds of people and media last week as the collapse of stock prices, in India and in other countries. Perhaps, the logical reaction to this, following Shakespeare, ought to be, when dream runs come, can ... More

MUTUAL FUNDS


MF investors largely ignore prospectus
Prefer information in summary format containing precise description More

TAXATION


Between bear hammering and taxman's missives
Another issue making top news is LTCG or long-term capital gains. The Left wants tax to be reinstated on such gains, while the FM has responded by saying there are no plans to re-introduce tax on LTCG. More

INTERVIEW


`Correction was triggered by technical and fundamental factors'
Now, the decision to sell a stock depends on factors like its reaching the target price, change in external and internal environment of the company and market conditions. More

OUTLOOK


Market in no hurry to bounce back
Domestic players would find it difficult to recover financially in near term More

Churlish as the bear, slow as the elephant
Jogin was tossing a coin `to check' which way the markets would move on Monday. Sridevi was studying the details of Euronext-NYSE merger. Dakshinamoorthy was painting his old cycle `red'... Till Khan summoned them all for the weekly market ... More

CARTOON


Pocket
"Must you panic early, darling? Can't you wait a couple of days to see if Sensex recovers?!"

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SE Diary




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Top Stories
Rice procurement set to touch all-time high


Airport freight traffic soars

`Correction was triggered by technical and fundamental factors'

PC market grew 30 pc in 2005-06, says IDC report

Global imbalances and China's yuan policy

Further weakness likely in gold prices

House panel urges refineries to upgrade units

`N-Act needs amendment for private participation'

Tea Board sets 200-m kg export target for '06-07

MF investors largely ignore prospectus

Terminate handling charges

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
May. 14-May. 20
Compass is no bigger than thy head

Overseas fund flow may be negative in short-term: Analysts

Meltdown forces fund managers to think different

Regional rural banks to market MF units

Did margin calls trigger sell-off?

India in a 10-year bull phase: DSP-ML



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