Business Daily from THE HINDU group of publications
Tuesday, July 25, 2006
Markets (July 24)
BSE Sensex10215.37(+129.46)
S&P CNX Nifty2985.85(+40.85)
US Dollar (Buy/Sell)46.95(+0.15)


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MARKETS

FINANCIAL SERVICES
Emkay opens office in Vizag
Mumbai-based share and stock broker, Emkay Shares and Stock Brokers Ltd, opened its branch here recently. The company has 28 branches and 64 franchisees in the country. Its core area of operations is stock-broking and allied ... More

India Infoline plans to unveil stock trading on cell phones
India Infoline Ltd, a retail financial services outfit, on Monday announced plans to launch securities trading on the mobile phone platform. The company will also venture into the insurance broking business after receiving the approval from the ... More

NEW FUND OFFER
ING Vysya Mutual unveils upcoming biz fund
Close-ended CUB Fund to become open-ended after 3 years More

MUTUAL FUNDS
MFs foresee debt funds comeback
Leading fund houses have indicated that the days of debt funds are back. The hardening interest rates including short-term rates and cues from global equity markets have driven them to a view that heightened activity in the debt market is in the ... More

STOCKS
WNS all set for NYSE listing
Plans to raise $200 million through IPO More

Anil Ambani and co up stake in RCVL, REVL
Mr Anil Ambani and persons acting in concert (PAC) have increased their stake in Reliance Energy Ventures Ltd and Reliance Capital Ventures Ltd through open market acquisitions over the last couple of months. Mr Anil Ambani is Chairman of the ... More

Amara Raja up ahead of Q1 results
Automotive battery maker Amara Raja Batteries Ltd (ARBL) gained 9.49 per cent on Monday. Dealers said the Q1 results, to be announced on Thursday, are likely to be better than expectations. ARBL shares closed at Rs 266.65, up from Friday's Rs ... More

Indiabulls under bear grip
Shares of Indiabulls Financial Services Ltd are on a downward spiral. The shares have lost as much as 23 per cent over the last one-month period from Rs 257.70 to Rs 197.95. On Monday, the shares slid by about four per cent. The buzz in market ... More

TECHNICAL ANALYSIS
Bull domination
Bulls dominated Monday's trading activity. However, the sentiment reading of the tradable counters remains bearish. Bull move on Tuesday is likely to change the sentiment reading in its favour. On the contrary the bearish sentiment is likely to ... More

INTERVIEW
`Japan still bullish on India for long term'
Mr Yoshitaka Harada, General Manager (Asset Business Development) at Shinko Securities, says that while Japanese investors have been cautious after May, they are still bullish on India for the long term.According to him, the company has not seen ... More

COMMENTARY
Banking stocks in limelight
More

VENTURE CAPITAL
Bellwether Microfinance Fund to invest $1.5 m in MAS Financial
In talks with major fund houses for raising corpus size to $20 million More


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