The Hindu Business Line : Thursday, July 20, 2006

INVESTMENT BANKING
SBI Caps has mandate for managing 19 IPOs
SBI Capital Markets Ltd has said it has mandate for managing 19 initial public offerings worth more than Rs 15,000 crore. However, how many of these companies will go ahead with the issue and their final size will depend on the market ... More

MUTUAL FUNDS
MIPs — no more a major draw among investors
One year performance reveals single digit returns More

`Huge disparity in asset sizes'
There is a marked disparity in asset bases in the case of MIPs, investors maintain. At the one end are large funds such as HDFC MIP Long Term (which is also the best one-year performer) with Rs 880 crore, while at the other are a host of ... More

STOCKS
ChrysCapital picks up 10 pc in Titagarh Wagons
The Kolkata-based Titagarh Wagons Ltd (TWL), a leading manufacturer of Railway wagons, modular steel bridges, and other engineering products, has received private equity investment from ChrysCapital. After the transaction, ChrysCapital would ... More

HCL Tech sees sustained buying
HCL Tech saw large volumes of shares traded on Wednesday. Sustained institutional support pushed volumes up, said dealers. Rumours of an acquisition had also been driving interest in this stock in the recent past. There is talk in the market ... More

Garware Offshore: Betting on exploration
One of the counters that has fallen the least in the broad market fall is that of Garware Offshore Services Ltd. While talk of a placement had been driving interest at this counter in the past, the rising oil prices which will lead to increasing ... More

TECHNICAL ANALYSIS
Bear domination
Bears dominated Wednesday's trading activity. The sentiment reading of the tradable counters remains bearish. Bull move on Thursday is likely to change the sentiment reading in their favour. On the contrary, the prevailing sentiment reading ... More

STOCK MARKETS
Re hits 3-yr low on oil concerns
Sensex down 219 points on weak rupee and selling by foreign funds More

FOREIGN INSTITUTIONAL INVESTORS
Morgan Stanley Real Estate invests in Delhi firm
Morgan Stanley Real Estate has invested about Rs 300 crore ($65 million) in Delhi-based real estate firm Alpha G:Corp Development Private Ltd . Alpha, an affiliate of the G:Corp Group, is currently executing townships, retail malls, office ... More

COMMENTARY
Markets disregard earnings, slip sharply
More

IPOS
GMR Infrastructure fixes IPO price band at Rs 210-250
60 per cent allocation to QIBs, 30 pc to retail bidders More