Business Daily from THE HINDU group of publications
Wednesday, June 28, 2006
Markets (June 27)
BSE Sensex10151.01(+108.95)
S&P CNX Nifty2982.45(+39.25)
US Dollar (Buy/Sell)46.38 (+0.19)


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MARKETS

MUTUAL FUNDS
Sundaram Midcap betters SBI schemes
Sundaram Select Midcap, which has dished out about 75 per cent in the past 12 months, has ended the run enjoyed so far by SBI MF's funds, particularly Magnum Global, Magnum Contra and Magnum Multiplier Plus. Each of the last three, which had ... More

HDFC, HDFC Real Estate Fund to invest in L&T Urban, Infra
Infrastructure firms to get Rs 95 crore; pact signed More

StanChart MF ties up with IOB
Standard Chartered Mutual Fund has tied up with Indian Overseas Bank for the distribution of its schemes, an official statement said. Mr Naval Bir Kumar, Director of Standard Chartered AMC, said: "This partnership with IOB will ... More

Banking, automobiles, pharma funds take a beating
FMCG, technology funds manage to scrape through More

UTI MF in tie- up with Central Bank
UTI Mutual Fund and Central Bank of India have entered into a tie-up for distribution of UTI Mutual Fund schemes.Under the agreement, Central Bank of India will distribute the entire bouquet of UTI MF's schemes across the bank's ... More

STOCKS
Buyback of shares back in action
Mid, small-cap cos coming up with offers More

BILT share allotment to Dutch
Ballarpur Industries Ltd (BILT) has said that it has approved allotment of 8,00,638 equity shares of Rs 10 each to a Netherlands-based firm through part conversion of an earlier FCCB issue of $45 million. This translates into ... More

TECHNICAL ANALYSIS
Volatile trading
Tuesday's trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters remains bearish. Bull domination on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the ... More

STOCK EXCHANGES
Infosys will figure in Nasdaq's new listing tier
Infosys Technologies is the only Indian company to figure among the 1,200 companies included in Nasdaq Stock Market Inc's new listing tier, the Nasdaq Global Select Market. The tier, effective from July 3, 2006, is for public companies that ... More

STOCK MARKETS
Essar Shipping: Not a good deal?
Is market uneasy about Essar Shipping's sale of Vadinar Oil Terminal Ltd and Essar Logistics Ltd, its wholly owned subsidiaries, to Essar Shipping & Logistics Ltd, Cyprus? The stock has been depreciating of late and Dalal Street talk over the .. More

Sonata: Betting on fundamentals
The market buzz is that Sonata Software has been granted 8 acres of land near Hyderabad by the Andhra Pradesh government early this month for its expansion project. The stock has gained 3.59 per cent in the last one week, even though it finished ... More

INVESTOR GRIEVANCES
Do we want foreign investment or speculators?
Proposed moves biased against genuine capital flows, retail investors More

REGULATORY BODIES & RULINGS
SEBI exemption to Electro Investments
SEBI has exempted acquirer Electro Investments Pvt Ltd from complying with the provisions of Takeover Regulation with regard to the proposed preferential allotment of 170 lakh equity shares of target company BPL Ltd. The market regulator ... More

COMMENTARY
Volatile market this time ends positive
More


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Top Stories
India slips to 40th rank in global ICT index

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Looking back
Jun. 18-Jun. 24
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