Business Daily from THE HINDU group of publications
Thursday, July 06, 2006
Markets (July 05)
BSE Sensex10919.64(+257.42)
S&P CNX Nifty3197.10(+58.45)
US Dollar (Buy/Sell)46.10 (+0.01)


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MARKETS

STOCKS
Raymond arm buys out Colorplus
Raymond Ltd informed the BSE on Wednesday that Raymond Apparel Ltd, a wholly owned subsidiary of Raymond Ltd, which held 74.1 per cent in the share capital of Colorplus Fashions Ltd, a subsidiary of the company, has now acquired ... More

TECHNICAL ANALYSIS
Bull domination
Bear domination on Thursday is likely to change the sentiment reading into bearish. On the other hand, it is likely to turn to bullish. Nifty futures The July month contract opened with a bull gap of around 6 ... More

STOCK MARKETS
Towards effective control of the capital market
Analysis of SEBI's discussion paper on measures to check excess dematerialisation of securities More

PDs allowed to invest in shares
The Reserve Bank of India has allowed primary dealers (PDs) in government securities to invest in equity shares, derivatives and mutual funds, and underwrite public issues. They are also permitted to undertake non-fund based activities ... More

Sensex gains 257 points
FMCG shares in the limelight on back of good monsoon More

Good monsoon bounty for FMCG sector
Analysts forecast a 20-25 per cent growth for June quarter More

Paper sector: Banking on capex plan
Top players in the domestic paper industry are known to have drafted a huge capex plan, which marketmen say will be spread over the next three or four years. This capex is to mainly finance the sector's rightsizing plans, meet environment ... More

Subhash Proj: Up on project hopes
Subhash Projects & Marketing Ltd (SPML) closed at Rs 143 on the BSE, a gain of five per cent over the previous day's close. In the last one week, the counter surged 15.75 per cent. This was on the back of expectation by select investors that the More

INTERVIEW
`Emerging markets: Buying interest by year-end'
Allianz Global Investors runs $9 billion from Hong Kong in the Asian markets and some of that is invested in Indian stocks as well. CEO at Allianz Global Investors, Dr Mark Konyn believes investors are still going to be fairly cautious given the ... More

COMMENTARY
Sensex flares up on strong buying in frontline stocks
Provisional FII turnover continues to be in positive territory More

RIGHTS ISSUE
Rs 80-crore OCL India rights issue soon
Funds to be used for its capacity expansion More


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