Business Daily from THE HINDU group of publications
Tuesday, July 11, 2006
Markets (July 10)
BSE Sensex10684.30(+174.77)
S&P CNX Nifty3142(+66.15)
US Dollar (Buy/Sell)46.16 (+0.06)


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MARKETS

PREFERENTIAL ALLOTMENTS
Ranbaxy set to acquire equity stake in Zenotech
Zenotech board to meet on July 17 More

FINANCIAL SERVICES
M&M Fin plans to vend insurance, MF products
Plans foray into rural housing sector More

MUTUAL FUNDS
Number of mutual fund distributors set to rise
AMFI-registered distributors may touch 50,000 More

STOCKS
Birla group not to divest its stake in Century Textiles
There was speculation that GP-CK Birla group would offload its stake More

Suryalakshmi expansion project takes off
Suryalakshmi Cotton Mills Ltd has informed the stock exchanges that the production was commenced at the expansion projects of its spinning division at Amanagallu and also in the garment unit of its subsidiary company - Suryakiran International ... More

Hyderabad Ind: Betting on expansion
Shares of building material maker Hyderabad Industries Ltd rose by 12.68 per cent on Monday to touch Rs 399, from the previous close of Rs 354.10. The buzz is that the company's expansion will kick off next month when the first of its two new ... More

Venkys India turns attractive
The Pune-based food processing firm Venkys India Ltd saw buying interest on Monday. Its shares rose by 10.51 per cent to Rs 124.10 on the BSE on decent volumes. With bird flu threat gone for good, dealers said the company was able to make up for ... More

TECHNICAL ANALYSIS
Bull domination
Bulls dominated Monday's trading activity. The sentiment reading of the tradable counters changed to bullish. Bear move on Tuesday is likely to change the sentiment reading to bearish. On the other hand, prevailing sentiment reading is likely to ... More

STOCK MARKETS
Stock markets are not overvalued: Survey
`IT, capital goods are favourites' More

Sensex up 174 points
The BSE Sensex ended in positive territory on Monday, after witnessing intra-day highs and lows. The index gained momentum in the last hour of trading to end at 10,684.30 points, up by 174.77 points or 1.66 per cent. The Nifty closed at ... More

INTERVIEW
`Stock-lending reforms to up market efficiency'
The SEBI committee that met last Friday said that it would soon decide on allowing institutional investors to short sell shares and putting in place a revised stock lending and borrowig scheme for them. The Executive Director of BenchMark Asset ... More

COMMENTARY
Markets stage recovery ahead of results season
More


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Top Stories
New audit norms for central excise, service tax assessees

Life insurance: All bets off

Birla group not to divest its stake in Century Textiles

`Stock-lending reforms to up market efficiency'

Stock markets are not overvalued: Survey

Goodbye CRT, hello LCD!

Samtel, HAL to form joint venture co

Gujarat clocks 12.6 pc agri growth in two years

Ranbaxy set to acquire equity stake in Zenotech

Looking back
Jul. 2-Jul. 8
Pure commodity funds may not be so easy to introduce

Bellwether indices continue to move within narrow range

Sensex flares up on strong buying in frontline stocks

Mixed global trend pulls down indices

Profit booking leaves a weak note


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