Business Daily from THE HINDU group of publications
Saturday, July 15, 2006
Markets (July 14)
BSE Sensex10678.22(-180.28)
S&P CNX Nifty3123.35 (-45.95)
US Dollar (Buy/Sell)46.39 (+0.13)


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MARKETS

COURTS/LEGAL ISSUES
Special Court set up in Mumbai
A Special Court has been set up in Mumbai for the speedy disposal of prosecution cases filed by SEBI. Considering the long pending cases filed by SEBI in various courts in Mumbai, the regulator had requested the Government of ... More

STOCKS
Polaris: Betting on performance
The Chennai-based Polaris Software Lab is witnessing huge volumes over the last couple of trading sessions. On Friday, its shares went up 9.08 per cent to Rs 90.70. The buzz in the counter is that the first quarter results, to be declared on ... More

Mah Seamless: Up on growth hopes
Shares of Maharashtra Seamless attracted significant buying interest on Friday. This mid-cap stock has risen 37.25 per cent over the last one-month, from Rs 240.65 to Rs 330.30. Dealers said the prospects for Maharashtra Seamless were good, ... More

TECHNICAL ANALYSIS
Volatile movement
Friday's market activity witnessed volatile movement. The sentiment reading of the tradable counters changed to bearish. Bull move on Monday is likely to reverse the sentiment reading in their favour. On the other hand, the prevailing ... More

FOREIGN INSTITUTIONAL INVESTORS
Stringent monitoring of foreign investments mooted
In a bid to address the security concerns arising out of foreign investments coming into the country, the National Security Council Secretariat (NSCN) has suggested to put in place mechanism to bar acquisitions, mergers or takeovers of Indian ... More

INTERVIEW
Prime Securities to focus on commodity broking, wealth management
Prime Securities has announced its first quarter results. The company's Q1 standalone net profit is up at Rs 8.8 crore from Rs 3.1 crore. Its standalone total income is up at Rs 11.9 crore from Rs Rs 2.7 crore. Mr N. Jayakumar, CEO of Prime ... More

COMMENTARY
Soaring crude, hike in rate by BoJ pull Sensex down
More

OUTLOOK
Analysts bullish on steel, non-ferrous metals
A robust outlook for the end-user industries More

ECONOMIC OFFENCES
SAT upholds SEBI ban on Ketan Parekh, associates
Faults SEBI on `lighter punishments' for foreign brokerages CSFB and DKB More


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Top Stories
Crude, geo-political concerns driving gold

World oilseeds output seen down

Analysts bullish on steel, non-ferrous metals

Why investment-linked sops make better economic sense

`Crude may top $80 in short term'

India ranked 11th in OICA global car output for 2005

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

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