Financial Daily from THE HINDU group of publications
Thursday, June 01, 2006
Markets (May 31)
BSE Sensex10398 (-388.02)
S&P CNX Nifty3071.05 (-114.25)
US Dollar (Buy/Sell)46.39 (+0.28)


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MARKETS

MUTUAL FUNDS
Kotak MF moots new close-ended fund
Kotak Mahindra MF has mooted a three-year close-ended fund. It will try to generate income by investing in debt and money market instruments as well as aim at securing growth by taking exposure to stock and index futures. The fund, christened ... More

STOCKS
Lupin loses on disappointing Q4 nos
Disappointing fourth quarter results seemed to have forced investors to trim their holdings in Lupin Ltd. The company's shares have come down 20.86 per cent from early this month (Rs 1,275) to Rs 1,009.0 on the BSE. On Wednesday, ... More

Gokaldas survives bear onslaught
Shares of Gokaldas Exports, a leading garment exporter, rose by Rs 18.30 (over 3.02 per cent) to Rs 624 on Wednesday even as prices of most other stocks fell. Dealers said that the company was expected to do well following an estimated 20 per ... More

Infosys & its crorepatis
But many shareholders have missed opportunity to build on their wealth More

TECHNICAL ANALYSIS
Bears prevail
The sentiment reading of the tradable counters remains bearish on Wednesday. Bull domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bearish sentiment is likely to be further ... More

STOCK MARKETS
Sensex down 388 points
Market ignores GDP numbers, onset of monsoon More

We will continue to attract FIIs: Chidambaram
`Stock slide due to global factors' More

Tech indices fare better vis-à-vis benchmarks
Gains from rupee depreciation to take time. say analysts More

Pocket
"This is the right time to invest in pharma stocks as investors may resort to medication since pharma stocks are not doing well..."

More

FOREIGN INSTITUTIONAL INVESTORS
FIIs continue selling spree
Domestic funds remain net buyers; Foreign funds sell in F&O too More

REGULATORY BODIES & RULINGS
Two CSE brokers suspended
The Securities and Exchange Board of India (SEBI) has suspended Subhash Baheti & Co and Archana Khandelwal, both members of Calcutta Stock Exchange (CSE). The regulator has, in exercise of its powers under Section 19 of SEBI Act, 1992 read with . More

INTERVIEW
`Foreign fund outflows to persist in near term'
Mr Brad Durham, Managing Director of Emergingportfolio.com Fund Research, has said that India country funds saw an outflow of $700 million, and that foreign fund outflows would persist in the near term. He further said that the first week of ... More

COMMENTARY
Metal, FMCGs bear the maximum loss
More

IPOS
Navayuga plans IPO in second half of fiscal
Company eyes Rs 2,000-crore topline by 2010 More

VENTURE CAPITAL
Evolvence launches $150-m fund
The Dubai-based Evolvence Capital has launched a $150-million private equity fund to support the growth plans of mid-sized pharmaceutical, biotech and contract-research and manufacturing companies in India. The fund, christened Evolvence India ... More


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Top Stories
Speculative length crucial to commodities' progress


`Foreign fund outflows to persist in near term'

FMCG ads come under ASCI scanner

Tech indices fare better vis-à-vis benchmarks

More handsets sold than subscribers added: ICA

Dr Reddy's bullish on growth prospects

`Managing capital flow surge, a challenge to developing nations'

In Focus

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

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
May. 21-May. 27
When the market almost fell off the margin

Stock slide unlikely to dent PSBs

LIC comes to the rescue?

Stock markets will remain under pressure: Marc Faber

No payment or liquidity problem, says Finance Ministry

`Defensive plays' suffer

`Correction was triggered by technical and fundamental factors'

MF investors largely ignore prospectus

Is there a `foreign angle'?

ABN Amro starts retail broking services

On under-subscription and devolvement

Govt moots OTCEI recast for SME trading

MF managers are seven times more efficient!

NSE, BSE revise STT rate upwards

`London SE will keep attracting Indian cos'



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